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An Economic Assessment Of Damage Caps In Medical Malpracitce Litigation Imposed By State Laws And The Implications For Federal Policy And Law, Paul Wazzan Sep 2005

An Economic Assessment Of Damage Caps In Medical Malpracitce Litigation Imposed By State Laws And The Implications For Federal Policy And Law, Paul Wazzan

ExpressO

Many states have implemented laws which limit non-economic (e.g., pain and suffering) damages as a result of medical malpractice. These laws are seen by proponents as reducing medical malpractice insurance costs and preserving access to health care – especially for lower income individuals. Opponents believe that individuals are harmed through being prevented from seeking a full measure of redress for medical malpractice incidents, by reducing access to the court system, and that these laws simply enrich insurance companies and doctors.

Federal lawmakers are currently studying the potential effect of uniform medical malpractice damage limits at the national level. It is …


Bankruptcy Abuse: An Empirical Study Of Consumer Exemptions Cases, Bernard Trujillo Sep 2005

Bankruptcy Abuse: An Empirical Study Of Consumer Exemptions Cases, Bernard Trujillo

ExpressO

On April 20, 2005, the President of the United States signed a sweeping legislative overhaul of the consumer bankruptcy system. The bankruptcy reform legislation is based on an empirical assertion: that sophisticated debtors with the means to re-pay their debts were instead filing for bankruptcy and acquiring a discharge, thereby abusing the bankruptcy system.

This Article presents the results of an empirical study of bankruptcy court doctrine in consumer exemptions proceedings over a twenty-year period. The findings suggest a serious empirical flaw in the premise of the bankruptcy reform legislation. The study shows that the bankruptcy system minimizes abuse by …


Breaking The Bank: Revisiting Central Bank Of Denver After Enron And Sarbanes-Oxley, Celia Taylor Sep 2005

Breaking The Bank: Revisiting Central Bank Of Denver After Enron And Sarbanes-Oxley, Celia Taylor

ExpressO

No abstract provided.


How Unobservable Productivity Biases The Value Of A Statistical Life, Thomas J. Kniesner, W. Kip Viscusi, James P. Ziliak, Christopher Woock Sep 2005

How Unobservable Productivity Biases The Value Of A Statistical Life, Thomas J. Kniesner, W. Kip Viscusi, James P. Ziliak, Christopher Woock

Economics - All Scholarship

A prominent theoretical controversy in the compensating differentials literature concerns unobservable individual productivity. Competing models yield opposite predictions depending on whether the unobservable productivity is safety-related skill or productivity generally. Using five panel waves and several new measures of worker fatality risks, first-difference estimates imply that omitting individual heterogeneity leads to overestimates of the value of statistical life, consistent with the latent safety-related skill interpretation. Risk measures with less measurement error raise the value of statistical life, the net effect being that estimates from the static model range from $5.3 million to $6.7 million, with dynamic model estimates somewhat higher.


Looking Beyond The Shipyard: Economic Development Challenges Of Southern Maine And Seacoast New Hampshire, Charles S. Colgan Sep 2005

Looking Beyond The Shipyard: Economic Development Challenges Of Southern Maine And Seacoast New Hampshire, Charles S. Colgan

Regional Studies

The threatened closure of the Portsmouth Naval Shipyard has spurred an intense examination of the future economic prospects for York County, Maine and Rockingham County, New Hampshire. This report provides the first integrated analysis of the shipyard’s effects on both the Maine and New Hampshire economies. The shipyard accounts for more than 10,000 direct and indirect jobs across the two-state region. Over 80% of these jobs are in York County, with an additional 10% in Rockingham County and the balance spread through the rest of Maine and New Hampshire. The total jobs associated with the shipyard account for 3.5% of …


Poverty, Race And The Contexts Of Achievement: Examining Educational Experiences Of Children In The American South, Maryah Stella Fram, Julie Miller-Cribbs, Lee Van Horn Sep 2005

Poverty, Race And The Contexts Of Achievement: Examining Educational Experiences Of Children In The American South, Maryah Stella Fram, Julie Miller-Cribbs, Lee Van Horn

University of Kentucky Center for Poverty Research Discussion Paper Series

This paper reports findings of a study examining child-, classroom-, and school-level factors that effect academic achievement among public school children in the South. Using ECLS-K data, we compare and contrast the learning environments in high/low minority and high/low poverty schools. A sizeable minority of Southern children attend schools that are race and/or class segregated; on multiple dimensions these schools are less desirable than are schools attended by more privileged children, and children attending these schools have lower levels of academic achievement. Results from 3-level random intercepts models show that a range of child and family factors, as well as …


Bank Runs In Emerging Market Countries: Turkey's Special Finance Houses, Martha Starr, Rasim Yilmaz Sep 2005

Bank Runs In Emerging Market Countries: Turkey's Special Finance Houses, Martha Starr, Rasim Yilmaz

Topics in Middle Eastern and North African Economies

No abstract provided.


Survey Results On Hunger And Food Insecurity In Yemen, Nader Kabbani Sep 2005

Survey Results On Hunger And Food Insecurity In Yemen, Nader Kabbani

Topics in Middle Eastern and North African Economies

No abstract provided.


Occupation Analysis For The Greater Cleveland Area, Jun Koo Sep 2005

Occupation Analysis For The Greater Cleveland Area, Jun Koo

All Maxine Goodman Levin School of Urban Affairs Publications

Occupation is an important aspect of regional economy; it has been forgotten, however, in most studies of regional economies. We developed a set of benchmark occupation clusters that share similar knowledge and skills and examined the Cleveland metropolitan area based on the derived occupation clusters.


The State Of The Region: Hampton Roads 2005, James V. Koch, Vinod Agarwal, John R. Broderick, Edward Card, Chris Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Kristine Karlsen, Feng Lian, Sharon Lomax, Linda Mcgreevy, Janet Molinaro, Kenneth Plum, Qian Sun, Gilbert Yochum Sep 2005

The State Of The Region: Hampton Roads 2005, James V. Koch, Vinod Agarwal, John R. Broderick, Edward Card, Chris Colburn, Vicky Curtis, Steve Daniel, Susan Hughes, Kristine Karlsen, Feng Lian, Sharon Lomax, Linda Mcgreevy, Janet Molinaro, Kenneth Plum, Qian Sun, Gilbert Yochum

Economics Faculty Books

This is Old Dominion University's Sixth Annual State of the Region Report. While it represents the work of many people connected in various ways to the university, the report does not constitute an official viewpoint of Old Dominion, or it's president, Roseann Runte.

The report maintains the goal of stimulating thought and discussion that ultimately will make Hampton Roads an even better place to live. We are proud of our region's many successes, but realize that it is possible to improve our performance. In order to do so, we must have accurate information about "where we are" and a sound …


The Incidence And Cost Of Job Loss In The Ukrainian Labor Market, Hartmut Lehmann, Norberto Pignatti, Jonathan Wadsworth Sep 2005

The Incidence And Cost Of Job Loss In The Ukrainian Labor Market, Hartmut Lehmann, Norberto Pignatti, Jonathan Wadsworth

Upjohn Institute Working Papers

We examine the effects of economic transition on the pattern and costs of worker displacement in Ukraine, using the Ukrainian Longitudinal Monitoring Survey (ULMS) for the years 1992 to 2002. Displacement rates in the Ukrainian labor market average between 3.4 and 4.8 percent of employment, roughly in line with levels typically observed in several Western economies, but considerably larger than in Russia. The characteristics of displaced workers are similar to those displaced in the West, in so far as displacement is concentrated on the less skilled. Around one third of displaced workers find re-employment immediately while the majority continues into …


The Information Revolution And The Industrial Revolution: Today's Egypt In The Shadow Of The Past - A Note, Nagla Rizkm Sep 2005

The Information Revolution And The Industrial Revolution: Today's Egypt In The Shadow Of The Past - A Note, Nagla Rizkm

Topics in Middle Eastern and North African Economies

No abstract provided.


Data Users Conference_2003-2010, University Of New Mexico Bureau Of Business And Economic Research, New Mexico Economic Development Department Sep 2005

Data Users Conference_2003-2010, University Of New Mexico Bureau Of Business And Economic Research, New Mexico Economic Development Department

Historic Publications

DATA USERS CONFERENCE.


New Mexico Labor Market Review 08-31-2005, New Mexico Department Of Labor Aug 2005

New Mexico Labor Market Review 08-31-2005, New Mexico Department Of Labor

Historic Publications

The New Mexico Labor Market Review is a monthly publication presenting statistical data and analysis on labor market conditions throughout New Mexico. Issues examine statewide and regional trends in employment, unemployment, labor force estimates, industry activity, wages, occupational demand, and related economic conditions, often accompanied by feature articles on topics affecting the state’s economy. This issue covers July 2005.


An Analysis Of The Duties And Obligations Of The International Legal Community To The Eradication Of Poverty And Growth Of Sustainable Development In Light Of The Jus Cogens Nature Of The Declaration Of The Right To Development, Freda R. Murray-Bruce Aug 2005

An Analysis Of The Duties And Obligations Of The International Legal Community To The Eradication Of Poverty And Growth Of Sustainable Development In Light Of The Jus Cogens Nature Of The Declaration Of The Right To Development, Freda R. Murray-Bruce

ExpressO

This paper examines the copious problem of world poverty affecting half of the world’s population in the South and assesses the international legal obligations of the international legal community, viz., developed states, transnational corporations and the international financial institutions of the IMF, World Bank and WTO to the eradication of poverty and the growth of sustainable development, in view of the inviolability and peremptory nature of the Charter of the UN, and the international human rights provisions arising therefrom. To this extent, we examine the 1986 General Assembly Declaration on the Right to Development, along with the other International Bill …


Welfare And Work: Experiences In Six Cities, Christopher T. King, Peter R. Mueser Aug 2005

Welfare And Work: Experiences In Six Cities, Christopher T. King, Peter R. Mueser

Upjohn Press

King and Mueser examine changes in welfare participation and labor market involvement of welfare recipients in six major cities during the 1990s. By focusing on these six cities (Atlanta, Baltimore, Chicago, Fort Lauderdale, Houston, and Kansas City) they are able to glean the extent to which differences in state and local policy, administrative directives, and local labor market conditions contribute to the trends in caseloads, employment, and well-being observed among former recipients.


Safety Practices, Firm Culture, And Workplace Injuries, Richard J. Butler, Yong-Seung Park Aug 2005

Safety Practices, Firm Culture, And Workplace Injuries, Richard J. Butler, Yong-Seung Park

Upjohn Press

The authors present analysis of the impact of various HRM practices on firms’ workers’ compensation costs; specifically, which practices lower firms’ workers’ compensation costs and whether the impact is the result of changes in technical efficiency or comes through induced changes in workers’ behavior.


The Economics Of Sustainable Development, Sisay Asefa Editor Aug 2005

The Economics Of Sustainable Development, Sisay Asefa Editor

Upjohn Press

This title provides an economic perspective on critical issues that characterize the topic of sustainable development. In each case, the authors give hope that the challenges facing societies can be surmounted and millions can be lifted out of poverty by adopting policies that encourage the investment in human capital, democratic institutions, and improved market performance.


Workplace Injuries And Diseases: Prevention And Compensation - Essays In Honor Of Terry Thomason, Karen Roberts Editor, John F. Burton Editor, Matthew M. Bodah Editor Aug 2005

Workplace Injuries And Diseases: Prevention And Compensation - Essays In Honor Of Terry Thomason, Karen Roberts Editor, John F. Burton Editor, Matthew M. Bodah Editor

Upjohn Press

This book presents a set of essays from a group of leading scholars that provides a detailed overview of what is known about the disability insurance system while highlighting areas of the system that beg for greater understanding.


Unemployment Compensation Throughout The World: A Comparative Analysis, Wayne Vroman, Vera Brusentsev Aug 2005

Unemployment Compensation Throughout The World: A Comparative Analysis, Wayne Vroman, Vera Brusentsev

Upjohn Press

The authors book that contains a contemporary perspective and review of UC programs in numerous countries throughout the world.


Deterring Roper’S Juveniles: Why Immature Criminal Youth Require The Death Penalty More Than Adults – A Law & Economics Approach, Moin A. Yahya Aug 2005

Deterring Roper’S Juveniles: Why Immature Criminal Youth Require The Death Penalty More Than Adults – A Law & Economics Approach, Moin A. Yahya

ExpressO

In Roper v. Simmons, the United States Supreme Court declared the death penalty for juveniles unconstitutional. It relied on three reasons, one of which concerns this article, namely the theory that juveniles are less culpable and deterrable than adults. The Court relied on the American Medical Association’s amicus brief which purported to show scientifically that juveniles had less developed brains than adults. The Court characterized juveniles as being risk-lovers who highly preferred the present over the future, who loved gains no matter how risky but did not care for losses, and who could not engage in proper cost-benefit analysis, because …


Making Statements And Approval Voting, Enriqueta Aragones, Itzhak Gilboa, Andrew Weiss Aug 2005

Making Statements And Approval Voting, Enriqueta Aragones, Itzhak Gilboa, Andrew Weiss

Cowles Foundation Discussion Papers

We assume that people have a need to make statements, and construct a model in which this need is the sole determinant of voting behavior. In this model, an individual selects a ballot that makes as close a statement as possible to her ideal point, where abstaining from voting is a possible (null) statement. We show that in such a model, a political system that adopts approval voting may be expected to enjoy a significantly higher rate of participation in elections than a comparable system with plurality rule.


Beachwood's Economy: Analytical Report, Iryna Lendel, Ziona Austrian Aug 2005

Beachwood's Economy: Analytical Report, Iryna Lendel, Ziona Austrian

All Maxine Goodman Levin School of Urban Affairs Publications

No abstract provided.


Northeast Ohio Manufacturing Analysis: A Working Paper In Support Of Global Northeast Ohio Manufacturing Roadmap Initiative, Ziona Austrian, Iryna Lendel Aug 2005

Northeast Ohio Manufacturing Analysis: A Working Paper In Support Of Global Northeast Ohio Manufacturing Roadmap Initiative, Ziona Austrian, Iryna Lendel

All Maxine Goodman Levin School of Urban Affairs Publications

This report presents the results of a study of manufacturing activities in Northeast Ohio (NEO). The report’s purpose is to provide an understanding of recent trends in regional manufacturing industries in the context of longer-term trends and the national economy.


Examining The Impact Of Parental Involvement In A Dual Language Program: Implications For Children And Schools - Ollas Report No. 2, J. F. Casas Aug 2005

Examining The Impact Of Parental Involvement In A Dual Language Program: Implications For Children And Schools - Ollas Report No. 2, J. F. Casas

Latino/Latin American Studies Reports

This study focuses on a dual language (Spanish-English) program in the Omaha Public Schools. Dual language programs are programs in which children develop proficiency in two languages simultaneously. These programs are currently seen as the gold standard second language education because of the large amount of empirical support they have received with respect to children’s academic gains. All of the dual language classrooms are comprised of half native English speakers and half Spanish speakers.

Parental involvement has received much empirical attention with respect to traditional school programs; however, little is known about the role of parental involvement in dual language …


Risk Sharing And Consumption Insurance In Poor Urban Economies: Theory And Empirical Evidence From Household Data, Seife Dendir Aug 2005

Risk Sharing And Consumption Insurance In Poor Urban Economies: Theory And Empirical Evidence From Household Data, Seife Dendir

Dissertations

Households in poor economies often strive to protect consumption from fluctuations in income through various mechanisms. Due to the absence or scarcity of formal insurance, however, they are often forced to rely on informal means to achieve this objective. This dissertation consists of three essays that analyze the nature, performance and instruments of risk sharing and consumption insurance in poor urban areas.

The first essay identifies the peculiar problems poor urban households face in their attempt to pool risk from idiosyncratic income swings, and derives unique results pertaining to the level of insurance and effort. Two specific problems are identified: …


Aid Effectiveness, Policies And Reform, Elias Kedir Shukralla Aug 2005

Aid Effectiveness, Policies And Reform, Elias Kedir Shukralla

Dissertations

The effectiveness of foreign aid in developing countries is one of the most controversial topics in the development literature. In particular, issues relating to the link between aid and growth, and whether aid works better when good policies and reforms are undertaken, and how aid should be allocated have been hotly debated by economists and policy makers. As a matter of fact, developing countries continue to receive large amounts of foreign aid every year, and the controversies surrounding aid also remain strong. This dissertation reexamines the links between aid, growth, policies and economic reforms in aid recipient countries and sheds …


The Effect Of Minimum Wages On The Employment And Earnings Of South Africa's Domestic Service Workers, Tom Hertz Aug 2005

The Effect Of Minimum Wages On The Employment And Earnings Of South Africa's Domestic Service Workers, Tom Hertz

Upjohn Institute Working Papers

Minimum wages have been in place for South Africa's one million domestic service workers since November of 2002. Using data from seven waves of the Labour Force Survey, this paper documents that the real wages, average monthly earnings, and total earnings of all employed domestic workers have risen since the regulations came into effect, while hours of work per week and employment have fallen. Each of these outcomes can be linked econometrically to the arrival of the minimum wage regulations. The overall estimated elasticities suggest that the regulations should have reduced poverty somewhat for domestic workers, although this last conclusion …


Temporary Agency Employment As A Way Out Of Poverty?, David H. Autor, Susan N. Houseman Aug 2005

Temporary Agency Employment As A Way Out Of Poverty?, David H. Autor, Susan N. Houseman

Upjohn Institute Working Papers

The high incidence of temporary agency employment among participants in government employment programs has catalyzed debate about whether these jobs help the poor transition into stable employment and out of poverty. We provide direct evidence on this question through analysis of a Michigan welfare-to-work program in which program participants were randomly allocated across service providers ('contractors') with different job placement practices. We draw on a telephone survey of contractors and on administrative program data linked with wage records data on all participants entering the program over a three-and-a half-year period. Our survey evidence documents a consensus among contractors that temporary …


The Impact Of Trade Liberalization On Growth, Unemployment, And Poverty In Bangladesh, Maha Z. Mirza Aug 2005

The Impact Of Trade Liberalization On Growth, Unemployment, And Poverty In Bangladesh, Maha Z. Mirza

Graduate Program in International Studies Theses & Dissertations

Trade liberalization has been one of the major policy components of the governments of the developing countries in the recent decades. Bangladesh as many other developing nations, has adopted different measures of trade reform policies as an element of International Monetary Fund's (IMF) Structural Adjustment Program (SAP), as well as to be an integral part of the world wide trend of globalization. Such policy measures include the reduction/rationalization of tariff rate, simplification of import and export trade procedures, relaxation of restrictive trade policies, and reform of financial and monetary policies. Even though, the trade reform measures were anticipated to increase …