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Racial Discrimination In Business Transactions, Robert E. Suggs Dec 2009

Racial Discrimination In Business Transactions, Robert E. Suggs

Robert E. Suggs

When the Supreme Court invalidated a municipal minority business set-aside in City of Richmond v. J.A. Croson Co., it failed to recognize the special circumstances confronting the minority entrepreneur. Contrary to the Court’s own erroneous assertion that “[s]tates and their local subdivisions have many legislative weapons at their disposal both to punish and prevent present [business] discrimination ….” – they do not. Nor can they create effective antidiscrimination remedies as a practical matter. As a result that decision leaves minority business owners vulnerable to discrimination from other business firms but without a remedy. Part I identifies the glaring failure of …


How Demanding Should Equality Of Opportunity Be, And How Much Have We Achieved?, Valentino Dardanoni, Gary S. Fields, John E. Roemer, Maria Laura Sánchez Puerta Dec 2009

How Demanding Should Equality Of Opportunity Be, And How Much Have We Achieved?, Valentino Dardanoni, Gary S. Fields, John E. Roemer, Maria Laura Sánchez Puerta

Gary S Fields

[Excerpt] This chapter proposes tests of various notions of equality of opportunity and applies them to intergenerational income data for the United States and Britain. Agreement is widespread that equality of opportunity holds in a society if the chances that individuals have to succeed depend only on their own efforts and not on extraneous circumstances that may inhibit or expand those chances. What is contentious, however, is what constitutes "effort" and "circumstances." Most people, we think, would say that the social connections of an individual's parents would be included among circumstances: equality of opportunity is incomplete if some individuals get …


Organizational Values, Social Responsibility, And Corporate Citizenship: The Case Of Nevada State College, Grace S. Thomson Dec 2009

Organizational Values, Social Responsibility, And Corporate Citizenship: The Case Of Nevada State College, Grace S. Thomson

Dr. Grace S. Thomson

Organizational Values, Social Responsibility, and Corporate Citizenship Organizations contribute more than products and services to the society. The generation of jobs, creation of wealth and satisfaction of needs are only a portion of the influence that organizations have in a community. Likewise, organizations are increasingly engaging in social responsible initiatives to respond to the concerns of their various stakeholders (Aguilera, Rupp, Williams, & Ganapathi, 2007). Organizations with a genuine interest for social responsibility and citizenship possess value systems that articulate and integrate these social motives into their corporate strategy (Graber & Kilpatrick, 2008). Higher education institutions in the United States …


Smes And Virtual R&D Teams: A Motive Channel For Relationship Between Smes, Nader Ale Ebrahim, Shamsuddin Ahmed, Zahari Taha Dec 2009

Smes And Virtual R&D Teams: A Motive Channel For Relationship Between Smes, Nader Ale Ebrahim, Shamsuddin Ahmed, Zahari Taha

Nader Ale Ebrahim

This paper explores potential advantages and barriers of virtual teams toward making an interrelation between small and medium-sized firms (SMEs) with a comprehensive review on different aspects of virtual teams in SMEs based on authentic and reputed publications. The purpose of the state-of-the-art literature review is to provide an overview of what is known about the structure and dynamics of virtual collaboration in SMEs which they are the back bone of the world business. This study seeks to address some of the advantages of virtual R&D team in the existing extensive literature on the increase SMEs interrelations. Besides of identify …


Digital India - A Model Developed By Varma, Vijaya Krushna Varma Mr Dec 2009

Digital India - A Model Developed By Varma, Vijaya Krushna Varma Mr

VIJAYA KRUSHNA VARMA Mr

Banking structure is redesigned to make India a fully digital nation and to usher in 100% E-governance


A Public Lecture: Labour Markets And Economic Development, Gary S. Fields Dec 2009

A Public Lecture: Labour Markets And Economic Development, Gary S. Fields

Gary S Fields

[Excerpt] I want to put forward three propositions to you based on decades of work in Asia, Latin America, and Africa. First, economic development can be (but need not be) a win-win-win situation - for businesses, for individuals and groups of individuals, and for governments and non- governmental organisations (NGOs). Second, the labour market can (but need not) serve as an effective mechanism for contributing to economic growth and for transmitting the gains from economic growth. And third, in both of these areas, whether a country experiences the more favorable set of outcomes or the less favorable ones reflects a) …


An Evaluation Of The Potential To Develop In-Bound Japanese Tourism To Northeast Scotland Using The Thomas Blake Glover Connection, R Nash, Paul Stansbie Nov 2009

An Evaluation Of The Potential To Develop In-Bound Japanese Tourism To Northeast Scotland Using The Thomas Blake Glover Connection, R Nash, Paul Stansbie

Paul Matthew Stansbie

No abstract provided.


"Is Sars A Poor Man’S Disease? Socioeconomic Status And Risk Factors For Sars Transmission", Grace W. Bucchianeri Nov 2009

"Is Sars A Poor Man’S Disease? Socioeconomic Status And Risk Factors For Sars Transmission", Grace W. Bucchianeri

Grace Wong Bucchianeri

This paper investigates the link between socioeconomic status (SES) and the spread of Severe Acute Respiratory Syndrome (SARS) in Hong Kong. A negative and significant correlation is identified between income and SARS incidence rates, while no similar relationship is found using education level.


Fundamental Investment Research – Do Us Results Apply To Australian Investors?, Bruce Vanstone, Tobias Hahn, Gavin Finnie Nov 2009

Fundamental Investment Research – Do Us Results Apply To Australian Investors?, Bruce Vanstone, Tobias Hahn, Gavin Finnie

Bruce Vanstone

For many investors, the financial crisis of 2008 and 2009 has sparked renewed interest in value-based investment approaches. There is much published research supporting the use of fundamental analysis for value-based investment, and much of this research comes from the US. In previous articles, we have shown that US based fundamental investment research does not translate well to the Australian market. In this paper, we show how to test a well documented US fundamental investment strategy and find that it also does not transfer well to our Australian market.


Determinants Of Foreign Direct Investment In Iran: An Empirical Study Using Structural Equation Modeling, Ahmad Jafarnejad, Arash Golnam, Nader Ale Ebrahim Nov 2009

Determinants Of Foreign Direct Investment In Iran: An Empirical Study Using Structural Equation Modeling, Ahmad Jafarnejad, Arash Golnam, Nader Ale Ebrahim

Nader Ale Ebrahim

This paper examines the determinants of foreign direct investment (FDI) in Iran by applying the structural equation modelling (SEM). Using the annual time series data for the 1991-2006 period, two models were developed. In the first model the correlation between 12 determining factors and FDI in Iran were analyzed and in the second model the 12 factors were fit into five categories of determinants namely: Business, Economic, Infrastructural, Oil and Science and Technology and the impact of each of the mentioned groups of factors was investigated. The results derived through the first model indicated that openness of trade and Gross …


Re-Visioning The Future Of Work: Towards A New Mindset, Colin C. Williams Nov 2009

Re-Visioning The Future Of Work: Towards A New Mindset, Colin C. Williams

Colin C Williams

No abstract provided.


Dualism In The Labor Market: A Perspective On The Lewis Model After Half A Century, Gary S. Fields Nov 2009

Dualism In The Labor Market: A Perspective On The Lewis Model After Half A Century, Gary S. Fields

Gary S Fields

This paper asks how the Lewis model might be viewed from the perspective of economic science half a century later. Many of the core propositions remain intact, some might be amplified, and a small number might be revised.


Household Income Dynamics: A Four Country Story, Gary S. Fields, Paul L. Cichello, Samuel Freije, Marta Menéndez, David Newhouse Nov 2009

Household Income Dynamics: A Four Country Story, Gary S. Fields, Paul L. Cichello, Samuel Freije, Marta Menéndez, David Newhouse

Gary S Fields

[Excerpt] In this paper, we analyse the dynamics of household per capita incomes using longitudinal data from Indonesia, South Africa, Spain and Venezuela. We find that in all four countries reported initial income and job changes of the head are consistently the most important variables in accounting for income changes, overall and for initially poor households. We also find that changes in income are more important than changes in household size and that changes in labour earnings are more important than changes in other sources of household income.


Updating Traditional Trade Direction Algorithms With Liquidity Motivation, William J. Bertin, David Michayluk, Laurie Prather Nov 2009

Updating Traditional Trade Direction Algorithms With Liquidity Motivation, William J. Bertin, David Michayluk, Laurie Prather

Laurie Prather

Trade-direction algorithms play an important role in traditional studies of market microstructure and in understanding the market for immediacy. This paper examines the underlying definition of trade origination and proposes a new liquidity motivation (LM) method to classify individual trades using orders. This LM model represents a unique alternative to the traditional algorithms used in most microstructure research. Using the NYSE TORQ database, LM trade classifications are compared with traditional methods for classifying trade direction. We document systematic biases resulting from the conventional algorithms and provide an alternative liquidity-based classification method that captures the actual behavior of market participants.


The Microeconomics Of Changing Income Distribution In Malaysia, Gary S. Fields, Sergei Soares Nov 2009

The Microeconomics Of Changing Income Distribution In Malaysia, Gary S. Fields, Sergei Soares

Gary S Fields

[Excerpt] This study uses data from Malaysia's Household Income and Expenditure Surveys to quantify the importance of different factors in accounting for the changes in Malaysia's income distribution between 1984 and 1989 ("Period 1") and between 1989 and 1997 ("Period 2"). These particular years were chosen, because 1997 is the most recent available survey, 1984 is the earliest survey comparable to 1997, and 1989 is important for three reasons: 1. Income inequality fell until 1989 and rose thereafter. 2. Economic growth was slow in 1984-89 and fast in 1989-97. and 3. 1989 is the closest year to the beginning of …


Decent Work And Development Policies, Gary S. Fields Nov 2009

Decent Work And Development Policies, Gary S. Fields

Gary S Fields

Welcoming the shift to outcomes which he perceives in the ILO's focus on decent work, the author explores the major issues thus raised. He discusses how to make the notion of decent work more precise in operational terms, and how to develop an integrated approach to economic and social policy in the decent work context, before formulating an empirical approach to assessing the effects of economic growth on decent work. Finally, he outlines a structure for the ILO's planned country reviews of progress towards decent work.


¿Tiene El Empresario Conciencia Social?, Guillermo Arosemena Nov 2009

¿Tiene El Empresario Conciencia Social?, Guillermo Arosemena

Guillermo Arosemena

No abstract provided.


User-Generated Content (Ugc) In Tourism: Benefits And Concerns Of Online Consumers, Stephen Burgess, Carmine Sellitto, Carmen Cox, Jeremy Buultjens Nov 2009

User-Generated Content (Ugc) In Tourism: Benefits And Concerns Of Online Consumers, Stephen Burgess, Carmine Sellitto, Carmen Cox, Jeremy Buultjens

Carmen Cox

This paper examines the views of travel consumers that search for information online in relation to the specific benefits and concerns identified with user-generated content (UGC). Real contrasts in relation to views about UGC content were identified in the literature. For instance, UGC is perceived as being ‘credible’ or ‘not credible’ as an information source depending upon the view of the user. The paper reports research that examined the use of UGC by online travel consumers, sourced from an Australian tourism organisation’s online subscriber database. The study highlighted a similar range of areas that were seen as benefits and concerns …


Global Leadership Operational Plan - Case Study Of Boeing Company, Ronald Dearinger Oct 2009

Global Leadership Operational Plan - Case Study Of Boeing Company, Ronald Dearinger

Ronald L Dearinger

This paper is an examination of the operational functions of the global organization of The Boeing Company. The final chapter assesses the impact of the global market on Boeing operations optimization as it seeks competitive advantage in today’s global economy.


The Company They Keep: Founders' Models For Organizing New Firms, M. Diane Burton Oct 2009

The Company They Keep: Founders' Models For Organizing New Firms, M. Diane Burton

M. Diane Burton

[Excerpt] This chapter examines the employment models founders use as they begin to construct new firms. The empirical setting is a sample of emerging technology firms in Silicon Valley. This chapter focuses on two questions: (1) Why are new firms founded under different conceptual models? and (2) What are the factors that lead a founding team to espouse a particular employment model?


Achievement, Test Scores And Relative Wages, John H. Bishop Oct 2009

Achievement, Test Scores And Relative Wages, John H. Bishop

John H Bishop

[Excerpt] This article examines the causal connections between these two phenomena: changes in the academic achievement of high school graduates and changes in the payoff to college. Four specific questions are addressed. The questions and the answers generated by our examination of the data are outlined below[...]


Signaling, Incentives And School Organization In France, The Netherlands, Britain And The United States: Lessons For Education Economics, John H. Bishop Oct 2009

Signaling, Incentives And School Organization In France, The Netherlands, Britain And The United States: Lessons For Education Economics, John H. Bishop

John H Bishop

[Excerpt] What causes differences in secondary school achievement across these four nations? The first two sections of the paper describe the achievement differences among the four countries and examine the proximate causes of the differentials. I conclude that these achievement differentials are caused by differences in the quality of teachers and of student time and effort inputs devoted to academic achievement.


Are National Exit Examinations Important For Educational Efficiency?, John H. Bishop Oct 2009

Are National Exit Examinations Important For Educational Efficiency?, John H. Bishop

John H Bishop

“This paper analyses effects of national or provincial exit examinations on education quality. On theoretical grounds, the paper argues that such examinations should increase high school achievement, particularly in examination subjects, and that teachers and students and parents and school administrators should focus more on academic achievement when making school-quality decisions. On the negative side, exit examinations may lead to a tendency to concentrate on learning facts, rather than understanding contexts.”


The Impacts Of School-Business Partnerships On The Early Labor-Market Success Of Students, John H. Bishop, Ferran Mane Oct 2009

The Impacts Of School-Business Partnerships On The Early Labor-Market Success Of Students, John H. Bishop, Ferran Mane

John H Bishop

[Excerpt] This chapter examines the effects of improved signaling of student achievement in high school on the labor market success of recent high-school graduates. The chapter is organized into three sections. In the first section, we reproduce the argument that Bishop put forth in 1985 that better signaling of student achievement to employers would improve the quality of the jobs that recent high-school graduates could obtain and strengthen incentives to learn. In the second section, we analyze longitudinal data on eight graders in 1988 and attempt to measure the effect of school-employer partnerships on their subsequent success in the labor …


Student, Staff, And Employer Incentives For Improved Student Achievement And Work Readiness, John H. Bishop Oct 2009

Student, Staff, And Employer Incentives For Improved Student Achievement And Work Readiness, John H. Bishop

John H Bishop

“This article proposes a strategy for banishing mediocrity and building in its place an excellent American system of secondary education. Before a cure can be prescribed, however, a diagnosis must be made.”


Employment In Construction And Distribution Industries: The Impact Of The New Jobs Tax Credit, John H. Bishop Oct 2009

Employment In Construction And Distribution Industries: The Impact Of The New Jobs Tax Credit, John H. Bishop

John H Bishop

Excerpt] The New Jobs Tax Credit (NJTC) offers a tax credit of fifty percent of the first $4200 of wages per employee for increases in employment of more than two percent over the previous year. Economic theory predicts that such a tax credit should stimulate employment, decrease hours worked per week, and reduce product prices of the subsidized industries. A time series analysis of the construction, retailing, and wholesaling industries finds strong support for these hypotheses. Our results suggest that the NJTC was responsible for 150,000-670,000 of the more than 1-million increase in employment that occurred between mid-1977 and mid-1978 …


Is The Test Score Decline Responsible For The Productivity Growth Decline?, John H. Bishop Oct 2009

Is The Test Score Decline Responsible For The Productivity Growth Decline?, John H. Bishop

John H Bishop

[Excerpt] The test score decline between 1967 and 1980 was large (about 1.25 grade-level equivalents) and historically unprecedented. New estimates of trend in academic achievement, of the effect of academic achievement on productivity and of trend in the quality of the work force are developed. They imply that if test scores had continued to grow after 1967 at the rate that prevailed in the previous quarter century, labor quality would now be 2.9 percent higher and 1987 GNP $86 billion higher.


Some Thoughts On The Cost Effectiveness Of Graduate Education Subsidies, John H. Bishop Oct 2009

Some Thoughts On The Cost Effectiveness Of Graduate Education Subsidies, John H. Bishop

John H Bishop

[Excerpt] How much should doctorate training be subsidized? The answer proposed is, "Doctorate training should be subsidized to the extent and only to the extent that it produces externality or public benefits – i.e. benefits received by people other than the one receiving the diploma." This value judgment derives from three propositions: (1) In general, an adult knows better than anyone else what is best for himself; (2) the price (measured in both time and money) he is willing to pay for graduate education is the best measure of how much he values it relative to other offerings; and (3) …


On-The-Job Training Of New Hires, John H. Bishop Oct 2009

On-The-Job Training Of New Hires, John H. Bishop

John H Bishop

This paper presents an analysis of a unique data set containing measures of the time devoted to training during the first three months on a job and the productivity consequences of that training. The major findings derived from the analysis of the data on new hire training may be summarized as follows.


In Search Of A Niche, John H. Bishop Oct 2009

In Search Of A Niche, John H. Bishop

John H Bishop

"As enrollment in secondary vocational education programs declines and employers re-evaluate the attributes needed for success in today’s job market, some observers of the U.S. education system have called for schools to limit – or even eliminate – the teaching of occupational skills. Does this mean employers don’t reward such training?"