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Decomposing Consumer Wealth Effects: Evidence On The Role Of Real Estate Assets Following The Wealth Cycle Of 1990-2002, Michael Donihue, Andriy Avramenko Dec 2006

Decomposing Consumer Wealth Effects: Evidence On The Role Of Real Estate Assets Following The Wealth Cycle Of 1990-2002, Michael Donihue, Andriy Avramenko

Michael R Donihue

During the period from 1990 to 2002, U.S. households experienced a dramatic wealth cycle, induced by a 369 percent appreciation in the value of real per capita liquid stock-market assets, followed by a 55 percent decline. However, despite predictions at the time by some analysts relying on life-cycle models of consumption, consumer spending in real terms continued to rise throughout this period. Using data that include the period from 1990 to 2005, traditional approaches to estimating macroeconomic wealth effects on consumption confront two puzzles: (i) econometric evidence of a stable cointegrating relationship among consumption, income, and wealth is weak at …


The Case For Early Targeted Interventions To Prevent Academic Failure, Irma Perez-Johnson, Rebecca Maynard Dec 2006

The Case For Early Targeted Interventions To Prevent Academic Failure, Irma Perez-Johnson, Rebecca Maynard

REBECCA A MAYNARD

The persistent achievement gaps among children of different race/ethnicity and socioeconomic status in the United States represent an issue that has commanded public, policy, and research attention on and off for about 100 years now, and it is once again in the forefront of policy-making agendas. Debates nevertheless abound on the most promising and cost-effective strategies to address the problem. We examine critically the available evidence on the benefits and costs of early childhood education and conclude that early, vigorous interventions targeted at disadvantaged children offer the best chance to substantially reduce gaps in school readiness and increase the productivity …


To "Keep The Past In Lively Memory": William Carl Bolivar's Efforts To Preserve African American Cultural Heritage, William Welburn Dec 2006

To "Keep The Past In Lively Memory": William Carl Bolivar's Efforts To Preserve African American Cultural Heritage, William Welburn

William C Welburn

The contributions of William Carl Bolivar, a Philadelphia African American bibliophile and journalist, are considered. Bolivar’s interest in historical documentation shaped his sense of interconnectedness with the collective memory of Philadelphia’s black community. His collecting interests are manifested in his column published in the Philadelphia Tribune, in his contributions to the American Negro Historical Society and other social and cultural organizations in Philadelphia, and in a published catalog of portions of his collection. Bolivar’s network of collectors and associates formed a “nucleus for a larger effort” to preserve African American cultural heritage. Their collecting efforts formed the foundation for black …


Developing Mathematical Literacy, Ross Turner, L Steen, H Burkhardt Dec 2006

Developing Mathematical Literacy, Ross Turner, L Steen, H Burkhardt

Ross Turner

Mathematical literacy has received increasing attention in many countries over the last few years. This is partly driven by concerns of employers that too many students leave school unable to function mathematically at the level needed in the modern world of work. Further, it is increasingly recognised that people can only tackle many of the challenges of modern life effectively if they are mathematically literate in key areas. Planning in personal finance, assessment of risk, design in the home or on the computer screen, and critical appraisal of the flood of statistical information from advertising, politicians and the press — …


The Roles Of Modelling In Learning Mathematics, Malcolm Swann, Ross Turner, Caroline Yoon, E Muller Dec 2006

The Roles Of Modelling In Learning Mathematics, Malcolm Swann, Ross Turner, Caroline Yoon, E Muller

Ross Turner

This chapter illustrates how Applications and Modelling promote the learning of mathematics by developing the student’s mathematical language and her use of tools, and by developing the learner’s capacity to ask and answer questions in, with, and about mathematics.


Modelling And Applications In Pisa, Ross Turner Dec 2006

Modelling And Applications In Pisa, Ross Turner

Ross Turner

Several test items from the OECD’s Programme for International Student Assessment (PISA) are now in the public domain. Some of these incorporate elements of modelling. This paper highlights a selection of those items, shows some interesting student outcomes such as gender differences and item difficulty, and poses some questions about the implications of these items for school mathematics.


In The Balance - The Future Of Australia's Primary Schools, Maxwell Angus, Harriet Olney, John Ainley Dec 2006

In The Balance - The Future Of Australia's Primary Schools, Maxwell Angus, Harriet Olney, John Ainley

Dr John Ainley

Research BackgroundIn the Balance is the report of an investigation into the state of Australian primary schooling, based mainly on evidence provided by staff from a random sample of 160 primary schools. Research Contribution In 2005, the Commonwealth Department of Education, Science and Training (DEST) funded the Australian Primary Principals Association (APPA) to initiate the investigation. APPA in turn commissioned a research team from Edith Cowan University and the Australian Council for Educational Research to undertake the study. Research Significance Generally, participating principals and teachers were grateful for the opportunity to ‘have their say’. In their view, too little account …


Greening The Business Economics Curriculum: A Paradigm For Environmental Stewardship In The 21st Century, Asayehgn Desta Dec 2006

Greening The Business Economics Curriculum: A Paradigm For Environmental Stewardship In The 21st Century, Asayehgn Desta

Asayehgn Desta

Economic growth depends upon the wealth of goods and services that natural resources provide. Yet, over the years, as corporations pursue hefty returns on their investment, they have been depleting the natural resources so vital for economic development. After the Rio Earth Summit of 1992, however, corporations that once viewed environmentalism as a threat to their survival all of a sudden realized sustainability as a means of gaining a competitive edge; it reduced costs and stimulated greater innovation. When the program of action for the Earth Summit was reviewed in 2002 at the World Summit on Sustainable Development (WSSD) in …


Computer-Mediated Peer Response In A Level-Iv Esl Academic Writing Class: A Cultural Historical Activity Theoretical Perspective, Li Jin Dec 2006

Computer-Mediated Peer Response In A Level-Iv Esl Academic Writing Class: A Cultural Historical Activity Theoretical Perspective, Li Jin

Li Jin

Very few studies focus on how English as a second language (ESL) students’ agency and their unique histories as an integral part of the social cultural environment influence his or her participation in computer-mediated peer response tasks, particularly in a multimedia-based synchronous communication environment. Considering each ESL student as an active agency with unique historical bearings, the dissertation investigated ESL students’ participation in computer-mediated peer response (CMPR) tasks that used instant messenger (IM) as the communication technology between students from the cultural historical activity theoretical (CHAT) perspective, which views all human interaction as a dynamic developmental process. A case study …