Social and Behavioral Sciences Commons^™

Poverty Reduction And Vincentian Higher Education Institutions, Marco Tavanti, Craig Mousin

Craig B. Mousin

Dr. Marco Tavanti and Craig Mousin discuss with Dr. Scott Kelly the university's responsibility for poverty reduction as expressed in the conferences and special number of Vincentian Heritage "What would Vincent do? Vincentian Higher Education and Poverty Reduction"

Prediction Markets To Forecast Electricity Demand, Peter Cramton, Luciano De Castro

Luciano I. de Castro

Forecasting electricity demand for future years is an essential step in resource planning. A common approach is for the system operator to predict future demand from the estimates of individual distribution companies. However, the predictions thus obtained may be of poor quality, since the reporting incentives are unclear. We propose a prediction market as a form of forecasting future demand for electricity. We describe how to implement a simple prediction market for continuous variables, using only contracts based on binary variables. We also discuss specific issues concerning the implementation of such a market.

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

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 …

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) …

Chinese Investment In Ethiopia: Devlopmental Opportunity Or Deepening China's New Mercantilism?, Asayehgn Desta

Asayehgn Desta

Explaining Commercial Rents In Major U.S. Metropolitan Areas Using An Error Correction Model With Panel Data, Maria R. Ibanez

Maria Ibanez

This project presents rent models for flexible, industrial, retail and office properties in the Unites States. Panel data are used covering the largest fifty metropolitan areas in the U.S. for 27 years (1982-2009) to analyze the determinants of rents.

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

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

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.

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

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

Guillermo Arosemena

No abstract provided.

A Study Of Web 2.0 Tourism Sites: A Usability And Web Features Perspective, Carmine Sellitto, Stephen Burgess, Carmen Cox, Jeremy Buultjens

Carmen Cox

No abstract provided.

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 …

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 …

Capital Mobility And Job Loss: Corporate Restructuring, Production Shifts, And Outsourcing, Stephanie Luce, Kate Bronfenbrenner

Kate Bronfenbrenner

[Excerpt] This chapter examines the impact of corporate restructuring and global outsourcing on employment in the Commonwealth and the shifts in production from workplaces in Massachusetts to other countries. In particular we focus on global outsourcing, the shifting of work from Massachusetts offshore to countries in Europe and Asia, and nearshore to Canada and countries in Latin America. Given the huge media attention that outsourcing and nearshoring have garnered, and the increasing trend they represent toward corporate restructuring and capital mobility with lasting repercussions for workers, families, unions, and communities in the Commonwealth, it is important to assess their relative …

Muerte Al Mercado De Capitales, Guillermo Arosemena

Guillermo Arosemena

No abstract provided.

Evolution Of The Barrett Law, Robert Main

Robert S. Main

No abstract provided.

What Is Labor’S True Purpose? The Implications Of Seiu’S Unite To Win Proposals For Organizing, Kate Bronfenbrenner

Kate Bronfenbrenner

[Excerpt] That labor is in a crisis cannot be questioned. While there may be some labor leaders who are content to keep ministering to an ever less powerful, shrinking base, there were few in the room that day that would disagree with the words expressed by SEIU International Executive Vice President Gerry Hudson on the opening panel, that the U.S. "labor movement is becoming dangerously close to being too small to matter." For the first time in decades, both organizing activity and union membership numbers have dropped precipitously. Where in past years unions had to organize 500,000 new workers just …

Significant Victories: An Analysis Of Union First Contracts, Tom Juravich, Kate Bronfenbrenner, Robert Hickey

Kate Bronfenbrenner

[Excerpt] After two decades of massive employment losses in heavily unionized sectors of the economy and exponential growth of the largely unorganized service sector, the U.S. labor movement is struggling to remain relevant. Despite new organizing initiatives and practices, union organizing today remains a tremendously arduous endeavor, particularly in the private sector, as workers and their unions are routinely confronted with an arsenal of aggressive legal and illegal antiunion employer tactics. This vigorous opposition to unions in the private sector does not stop once an election is won, but continues throughout bargaining for an initial union agreement, all too often …

Restarting Securitization Markets: Policy Proposals And Pitfalls, John Kiff, Andy Jobst, Jodi Scarlata, Michael Kisser

John Kiff

This chapter tracks the rise and fall of securitization markets, and evaluates the various initiatives aimed at restarting them on a sounder footing, focusing on the markets for securities not backed by governments or government-sponsored enterprises. The analysis attempts to discern how securitization can positively contribute to financial stability and sustainable economic growth. While most of the current proposals are unambiguously positive for securitization markets and financial stability, some proposals—such as those designed to improve the alignment of securitizer and investor interests and accounting changes that will result in more securitized assets remaining on balance sheets—may be combined in ways …

Student Staff: A Village Philosophy, Lisa Caughron

Lisa Caughron

No abstract provided.

Blind Matching Versus Matchmaking: Comparison Group Selection For Highly Creative Researchers, Jan Youtie, Philip Shapira, Juan Rogers

Philip Shapira

This research examines approaches for constructing a comparison group relative to highly creative researchers in nanotechnology and human genetics in the US and Europe. Such a comparison group would be useful in identifying factors that contribute to scientific creativity in these emerging fields. Two comparison group development approaches are investigated. The first approach is based on propensity score analysis and the second is based on knowledge from the literature on scientific creativity and early career patterns. In the first approach, the log of citations over the years of activity in the domains under analysis produces a significant result, but the …

The Case For Actively Seeking Startup Companies For “Technology-Push” Inventions From Universities: A Research Agenda, Paul Swamidass

Paul Swamidass

Google Inc. began as a startup when all the large players in the industry turned down the opportunity to license the technology from Stanford University; Google has since become the leader in the industry with nearly 20,000 employees and a market value of about $150 Billion as of August 2009. Startup companies, using university technologies, have the potential to become a major economic force in the economy. But, it takes additional skills and effort on the part of University Offices of Technology Transfer (UOTT) to license an invention to a startup company compared to the effort needed to license to …

Was Financial Market Contagion The Source Of Economic Crisis In Asia? Evidence Using A Multivariate Var Model, Ahmed Khalid, Masahiro Kawai

Ahmed Khalid

The episodes of financial crises in many parts of the world during the 1990s have sparked interest in identifying channels through which such crises spread from one country to another. Researchers have identified several factors that may have sparked and induced contagion. This study further extends the existing research by identifying and testing three financial market variables to trace the alleged origin and the subsequent path of the contagion during the 1997 Asian Crisis. Foreign exchange rates, stock market prices and interest rates are three main financial market indicators, representing the currency, stock and money markets, respectively. We use a …

September 11th, John Maynard Keynes, Kenneth J. Arrow, And Me: The Nexus, David Randall Jenkins

David Randall Jenkins, Ph.D.

Communities Of Universities And Ngos For Sustainable Development And The Creation Of Peace: The Case Of Chiapas, Marco Tavanti

Marco Tavanti

Within the context of the United Nations's mission to promote peace, development and human rights, this presentation illustrated how Chiapas and the involvement of universities can promote dialogue, conflict resolution and systemic change. The case of DePaul University international engagement stimulated dialogues and inspired other universities to collaborate with the UN and promote international engagement with NGOs and civil society organizations.

De Revolución En Revolución, Guillermo Arosemena

Guillermo Arosemena

No abstract provided.

Profiling Non-Executive Directors In Australia, C. L. Cortese, G. Bowrey

Graham Bowrey

This paper presents a profile of non-executive directors of Australia’s largest public companies. Using descriptive data, it assesses the extent to which these companies adhere to the requirements set down in the Australian Stock Exchange’s Principles of Good Corporate Governance. In relation to these profiles, the generic roles of non-executive directors are discussed and evaluated in terms of their actual and perceived independence from management. The paper concludes with an examination of the need for independence and questions whether competence, among other characteristics, is a more valuable characteristic of a non-executive director than independence.