Social and Behavioral Sciences Commons^™

Fun With Numbers: Disclosing Risk To Individual Investors, Christian A. Weller

Christian Weller

This paper discusses the need for better information on investment risks. The information should be relevant, concise, and accessible to individual investors. More and better information on factors that are likely to influence an investment’s performance and investors’ decisions should eventually lead to better investment decisions – more savings and higher retirement incomes. This paper presents a number of ways to disclose risk to individual investors. There are three numerical and three visual representations to risk. The discussion centers on the pros and cons of each risk representation. All risk descriptions show relevant information, are concise, and more or less …

States To The Rescue: Policy Options For State Government To Promote Private Sector Retirement Savings, Christian A. Weller, Amy Helburn

Christian Weller

We provide an overview of retirement plan proposals that could be implemented at the state level. All aim to increase participation in retirement savings, mainly by lowering the cost of doing so and possibly by offering some employer or government matches to employee contributions. The proposals vary widely on how much risk employees are exposed to. Some proposals leave most of the risks of saving for retirement – investment, market, and longevity risk – with the employee, while others try to eliminate them all. The tools of risk management range from well-diversified index funds and default investments to required offers …

Demographic Analysis Of Recovery Act Supported Jobs In Massachusetts, Quarters 1 And 2, 2010, David Sparks, Paige Ransford, Carol Hardy-Fanta, Christian Weller, Meryl Thomson, Robert Turner

Christian Weller

Massachusetts policy makers decided to go beyond existing ARRA federal reporting requirements and collect additional data in order to gauge the effectiveness of ARRA’s fiscal policy by counting the number of individuals who have received an ARRA-funded paycheck. In addition, policy makers wanted to look at some of the demographic characteristics of this population. This report provides an in-depth analysis of the data that the MA Recovery Office collected during the first and second quarters of 2010, with a particular focus on job creation and retention by race, ethnicity, gender, disability status, and geographic location. Highlights of the report include: …

Public Input For Municipal Policymaking: Engagement Methods And Their Impact On Trust And Confidence, Alan Tomkins, Lisa M. Pytlik Zillig, Mitchel Herian, Tarik Abdel-Monem, Joseph A. Hamm

Mitchel Norman Herian

Municipalities across the country use various methods of public input to inform managers and elected policymakers about citizen’s preferences and perspectives regarding budget matters or performance measures. One benefit of actively involving the public on key governmental decisions is the belief that it enhances the public’s trust and/or confidence in government. Does it make a difference in the public’s confidence assessments which public engagement technique is used? If enhancing the public’s trust/confidence is a specific objective of a public engagement, which technique is to be preferred? This article presents public trust and confidence data we have been collecting as part …

Citizen Satisfaction Survey Data: A Mode Comparison Of The Derived Importance–Performance Approach, Mitchel Norman Herian, Alan J. Tomkins

Mitchel Norman Herian

The purpose of this article is to provide evidence regarding the comparability of results provided by two survey methods—a random phone survey and a nonrandom online survey—using the derived importance–performance approach to examine service satisfaction data at the local level. Specifically, we measure whether nonprobability opt-in online survey results produce results that are convergent or divergent to random phone survey results. The findings show that the phone and online survey techniques yield divergent results when simple univariate statistical techniques are employed but produce similar results when the data are analyzed using the more advanced derived importance approach. Though preliminary, the …

Review Of Studies In Public Opinion: Attitudes, Nonattitudes, Measurement Error, And Change , Mitchel Herian

Mitchel Norman Herian

The editors of this book are Willem E. Saris, professor of political science at the University of Amsterdam and teacher at the ESADE business school of Universitat Ramon Llull, Barcelona, and Paul M. Sniderman, Fairleigh S. Dickinson Jr. Professor of Public Policy and professor of political science at Stanford University. In Studies in Public Opinion: Attitudes, Nonattitudes, Measurement Error, and Change, they have brought together a collection of research that deals with the problems that consistently seem to plague public opinion research. The book, which is accessible to those with a keen interest in, and understanding of, public opinion research, …

Local Budgeting And Public Participation: Contextual Predictors Of State Laws Mandating Public Input, Mitchel Norman Herian

Mitchel Norman Herian

This paper examines the political, economic, and institutional variables associated with the presence of state laws that mandate the use of public input in local budgeting. The results show that political and institutional variables can help explain the presence of such laws, but the relationships between variables of interest shift depending on whether laws aimed at cities or counties are the focal point and on which types of public input methods are under consideration. The implications for both theories of public participation in budgeting and intergovernmental relations are discussed within.

Reducing Failure To Appear In Nebraska: A Field Study, Mitchel N. Herian, Brian H. Bornstein

Mitchel Norman Herian

Failure to appear (FTA) rates in the U.S. can be as high as 25-30% depending on jurisdiction and type of offense. These failures to appear are costly for the criminal justice system as they can lead to inefficient use of time and resources, and FTA can also be costly for defendants by leading to additional court dates, enhanced penalties, and even collateral consequences such as suddenly missing work while detained on the FTA charge (even though the original offense did not result in a detention). What’s more, minorities are more likely to fail to appear than Whites, raising a race …

Sharing Health Records Electronically: The Views Of Nebraskans, Tarik Abdel-Monem, Mitchel Herian

Mitchel Norman Herian

In November of 2008, the University of Nebraska Public Policy Center implemented a public input project to gather information from Nebraskans about electronic sharing of medical information. One hundred and sixty eight Nebraskans completed an online or paper copy survey, and 34 of those survey respondents also participated in a deliberative discussion. Comfortable with Sharing Medical Information Electronically • Nebraskans have positive views about electronic sharing of medical information. • Nebraskans understand the benefits of electronic health information exchange. • Nebraskans have concerns about who should have the authority to access their electronic health information. Experienced with Information Technology and …

Examining Public Perceptions Of Career And Technical Education In Nebraska, Mitchel Herian

Mitchel Norman Herian

KEY FINDINGS Perceptions of Career and Technical Education (CTE) Courses o The Nebraska public believes that CTE prepares students for careers and college, and that CTE courses are just as important as traditional academic subjects. o However, substantial proportions of Nebraskans believe that CTE students are not as respected as students who take more traditionally academic courses. Career Awareness and Exploration o Most Nebraskans believe that students should begin to learn about potential careers in middle school and that activities such as job shadowing and internships should be made available in high school. o Large proportions of respondents said they …

Examining The Perceptions Of Career And Technical Education In Nebraska, Mitchel Herian

Mitchel Norman Herian

This report contains the findings of the survey: “Examining the Perceptions of Career and Technical Education (CTE) in Nebraska.” The purpose of the survey was to measure the perceptions of Nebraska Educators regarding CTE in Nebraska. The results of the study are intended to inform standards revisions in Nebraska Career Education. The survey was administered to Administrators, Math and Science Teachers, Counselors and CTE Instructors in Nebraska during November and December, 2009. Over 1,000 Nebraska Educators participated in the survey. The relatively large sample size allows for multiple comparisons to be made of various groups of educators in the state. …

Decision Models For Foreclosed Housing Acquisition And Redevelopment: A University Of Massachusetts Multi-Campus Collaborative Project - Processes And Findings To Date, Michael P. Johnson Jr., Jeffrey Keisler, Senay Solak, David Turcotte, Rachel B. Drew, Armagan Bayram, Emily Vidrine

Jeffrey Keisler

The recent housing foreclosure crisis has had devastating impacts on individuals, communities, organizations and government. In response, several community development corporations (CDCs) have sought new ways to assist neighborhoods suffering from the myriad effects of high foreclosures, including neighborhood instability, increased vandalism and crime, lower property values, and economic disinvestment. This research project focuses on activities of community-based organizations that acquire and redevelop foreclosed properties to support neighborhood stabilization and revitalization. However, the costs of pursuing this strategy far exceed the resources available to typical CDCs. Thus, our project seeks to solve the following decision problem: What subset of a …

Toward A New Grand Bargain: Collaborative Approaches To Labor-Management Reform In Massachusetts, Barry Bluestone, Thomas A. Kochan

Barry Bluestone

No abstract provided.

The Greater Boston Housing Report Card 2010: Taking Stock In An Uncertain Time, Barry Bluestone, Chase Billingham, Jessica Casey, Anna Gartsman

Barry Bluestone

No abstract provided.

The Greater Boston Housing Report Card 2011: Housing’S Role In The Ongoing Economic Crisis, Barry Bluestone, Chase Billingham

Barry Bluestone

No abstract provided.

Staff Of The People? Assessing Progress In Descriptive Representation Under The Obama Administration, José D. Villalobos

José D. Villalobos

Over the past few decades, presidents have made some increasingly noticeable efforts to fill their administrations with a higher number of minorities. Though not yet fully representative of the general public, such advances in descriptive representation are a sign of progressive change occurring within the executive branch, with positive potential implications for the state of representative democracy and public policy. In this article, I survey the current state of descriptive representation under the Obama presidency and the extent to which the president’s policy agenda has substantively addressed the needs of historically underrepresented groups. Descriptively, I find that President Barack Obama …

Community Voices: New State Voting Districts In Final Stages, Carroy U. Ferguson Dr.

Carroy U "Cuf" Ferguson, Ph.D.

Last week the Massachusetts Legislature produced redistricting legislation that will forever change the direction of state politics for blacks, Latinos and Asians. By this time next year, the number of state house elected officials of color can increase by 100 percent, from 10 to 20 members. And communities of color will be well positioned to elect a person of color to the U.S. House of Representatives for the first time in the history of the state.

Poverty Measures And Anti-Poverty Policy, Francois Bourguignon, Gary S. Fields

Gary S Fields

[Excerpt] Amartya Sen has made fundamental contributions to the study of distributional aspects of economic growth and decline. Among his pathbreaking works are his lectures on the economics of inequality (Sen, 1973), his article on the axiomatics of poverty measurement (Sen, 1976), and his book on anti-poverty policy in the context of famines (Sen, 1981). This paper is concerned with one of these areas, namely, the measurement of poverty and the implications for anti-poverty policy. In the 1960's and 1970's those who were working in the poverty field held a number of somewhat incompletely articulated views as to the extent …

Estimating The Effects Of Changing Social Security Benefit Formulas, Gary S. Fields, Olivia S. Mitchell

Gary S Fields

[Excerpt] The U.S. Social Security system faces serious financial difficulties in both the short and the long run. The short-run problem is that the system has very meager financial reserves. In the long run—after the year 2010, when the post-World-War-II baby-boom generation reaches retirement age—the financial problems of Social Security will intensify because of population aging and the consequent decline in the ratio of workers to retirees.

These problems have led to proposed reforms aimed at assuring the financial stability of the system. The question addressed here is: what effects would these reforms have on three variables—retirement ages, retirement incomes, …

¿Es La Separación De Funciones Un Estándar Justiciable Para El Régimen De Sanciones Administrativas?, Sergio Verdugo Sverdugor@Udd.Cl, José Francisco García

Sergio Verdugo R.

Los autores comentan la sentencia del Tribunal Constitucional chileno, que declara la inaplicabilidad de un precepto del Código Sanitario que le permite al Director del Instituto de Salud Pública solicitar al intendente respectivo la privación de libertad de infractores que no hayan pagado multas cursadas con anterioridad, frente a lo cual no existe un posible control judicial que impida la aplicación efectiva de la medida cárcel. Los autores argumentan que el caso es, en realidad, acerca de la separación de funciones, y que el fallo persigue un equilibrio entre el respeto a los derechos de los regulados y el adecuado …

Recommendations For Australia’S Implementation Of The National Emergency Warning System Using Location-Based Services, Anas Aloudat, Katina Michael, Roba Abbas

Professor Katina Michael

Mobile alerts, notifications and location-based emergency warning systems are now an established part of mobile government strategies in an increasing number of countries worldwide. In Australia the national emergency warning system (NEWS) was instituted after the tragic Black Saturday Victorian Bushfires of February 2009. In the first phase, NEWS has enabled the provision of public information from the government to the citizen during emergencies anywhere and any time. Moving on from traditional short message service (SMS) notifications and cell broadcasting to more advanced location-based services, this paper provides executive-level recommendations about the viability of location-based mobile phone services in NEWS …

The Impact Of Government Policies On Urban Employment In Small Economies, Gary S. Fields

Gary S Fields

[Excerpt] Most of the policies intended to affect urban employment are not specifically employment policies nor are they specifically urban. Rather, the amount of urban employment, the composition of that employment, and the returns from it are determined by a whole host of policies. To review them all in a short paper is an impossible undertaking. The criterion by which I decided which policies to consider is policy-relevance, asking which set of policies is apt to have the largest impact on employment.

The Fall-Out From Emerging Technologies: On Matters Of Surveillance, Social Networks And Suicide, M.G. Michael, Katina Michael

M. G. Michael

No abstract provided.

Precaution And Privacy Impact Assessment As Modes Towards Risk Governance, David Wright, RaphaëL Gellert, Serge Gutwirth, Michael Friedewald

Michael Friedewald

No abstract provided.

A Framework For Analyzing Information Flows In Public Policy Decision-Making: A Move Towards Building Sustainable Policy Instruments, Chad J. Mcguire

Chad J McGuire

Waldo In The Light Of Austerity And Federal Debt Crisis, Part 2, Jan Kallberg

Jan Kallberg

Waldo’s predictions about the future for public administration describe five areas that would be problematic in the future: legitimacy, authority, knowledge, control, and confidence. Legitimacy includes not only that the government is legally legitimized but capable and focused on an intention to deliver the “good society.” Authority, according to Waldo, is the ability to implement policy with the acceptance of the people based on rationalism, expectations of public good, ethics, superior knowledge, and institutional contexts. Knowledge is institutional knowledge, the ability to arrange and utilize knowledge within the bureaucracy since coordination is the major challenge in knowledge management. Government has …

Waldo In The Light Of Austerity And Federal Debt Crisis, Part 1, Jan Kallberg

Jan Kallberg

Dwight Waldo wrote The Enterprise of Public Administration in 1979 looking back on a long and fruitful academic career, but also as a reflection about the future for public administration. Can a 30 year old book still be relevant? You bet. Today, the public sector is increasingly facing fiscal challenges. Federal, state, and local governments throughout the country have major budget deficits followed by austerity measures that undermine the ability to deliver the good life of the future. In this day and age rereading Dwight Waldo’s The Enterprise of Public Administration is an intellectual exercise worth pursuing. Several of Dwight …

A Review Of Amendment 16 To The Northeast Multispecies Fishery Management Plan, Jonathon N. Feinberg, Chad J. Mcguire

Chad J McGuire

Who Owns The Fish? Moving From The Commons To Federal Ownership Of Our National Fisheries, John B. Walden, Chad J. Mcguire

Chad J McGuire

Legal Mechanization Of Corporate Social Responsibility Through Alien Tort Statute Litigation: A Response To Professor Branson With Some Supplemental Thoughts, Donald J. Kochan

Donald J. Kochan

This Response argues that as ATS jurisprudence “matures” or becomes more sophisticated, the legitimate limits of the law regress. The further expansion within the corporate defendant pool – attempting to pin liability on parent, great grandparent corporations and up to the top – raises the stakes and complexity of ATS litigation. The corporate social responsibility discussion raises three principal issues about how a moral corporation lives its life: how a corporation chooses its self-interest versus the interests of others, when and how it should help others if control decisions may harm the shareholder owners, and how far the corporation must …