4,826 research outputs found
Last Hired, First Fired? Black-White Unemployment and the Business Cycle
Past studies have tested the claim that blacks are the last hired during periods of economic growth and the first fired in recessions by examining the movement of relative unemployment rates over the business cycle. Any conclusion drawn from this type of analysis must be viewed as tentative because the cyclical movements in the underlying transitions into and out of unemployment are not examined. Using Current Population Survey data matched across adjacent months from 1989 to 2004, this paper provides the first detailed examination of labor market transitions for prime-age black and white men to test the last-hired, first-fired hypothesis. Considerable evidence is presented that blacks are the first fired as the business cycle weakens. However, no evidence is found that blacks are the last hired. Instead, blacks appear to be initially hired from the ranks of the unemployed early in the business cycle and later are drawn from non-participation. The narrowing of the racial unemployment gap near the peak of the business cycle is driven by a reduction in the rate of job loss for blacks rather than increases in hiring.race, unemployment, business cycle
Discovery of a Large-scale Wall in the Direction of Abell 22
We report on the discovery of a large-scale wall in the direction of Abell
22. Using photometric and spectroscopic data from the Las Campanas Observatory
and Anglo-Australian Telescope Rich Cluster Survey, Abell 22 is found to
exhibit a highly unusual and striking redshift distribution. We show that Abell
22 exhibits a foreground wall-like structure by examining the galaxy
distributions in both redshift space and on the colour-magnitude plane. A
search for other galaxies and clusters in the nearby region using the 2dF
Galaxy Redshift Survey database suggests that the wall-like structure is a
significant large-scale, non-virialized filament which runs between two other
Abell clusters either side of Abell 22. The filament stretches over at least
>40 Mpc in length and 10 Mpc in width at the redshift of Abell 22.Comment: 6 pages, 4 figures, accepted for publication in MNRAS letter
Public policies for the working poor: The earned income tax credit versus minimum wage legislation
This paper documents the declining relationship between low hourly wages and low household income over the last half-century and how this has reduced the share of minimum wage workers who live in poor households. It then compares recent and prospective increases in the earned income tax credit (EITC) and the minimum wage as methods of increasing the labor earnings of poor workers. Data from the Current Population Survey (CPS) are used to simulate the effects of both programs. Increases in the EITC between 1989 and 1992 delivered a much larger proportion of a given dollar of benefits to the poor than did increases in the minimum wage from 4.25. Scheduled increases in the EITC through 1996 will also do far more for the working poor than raising the minimum wage.
The Stellar Populations of Low-redshift Clusters
We present some preliminary results from an on-going study of the evolution
of stellar populations in rich clusters of galaxies. This sample contains core
line-strength measurements from 183 galaxies with b_J <= 19.5 from four
clusters with ~0.04. Using predictions from stellar population models to
compare with our measured line strengths we can derive relative
luminosity-weighted mean ages and metallicities for the stellar populations in
each of our clusters. We also investigate the Mgb'-sigma and Hbeta_G'-sigma
scaling relations. We find that, consistent with previous results, Mgb' is
correlated with sigma, the likely explanation being that larger galaxies are
better at retaining their heavier elements due to their larger potentials.
Hbeta', on the other hand, we find to be anti-correlated with sigma. This
result implies that the stellar populations in larger galaxies are older than
in smaller galaxies.Comment: 3 pages, 2 figures, to appear in the Proceedings of IAU Colloquium
195: "Outskirts of Galaxy Clusters: intense life in the suburbs", Torino
Italy, March 12-16 200
The German Apprenticeship Experience: A Comparison of School-to-Work Models
In its fiscal year 1994 budget, the Clinton administration asked for 300 million. Students who finish the program would receive a high school diploma and an occupational skill certificate
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