Public Policy Commons^™

Jpmorgan Chase London Whale C: Risk Limits, Metrics, And Models, Arwin G. Zeissler, Andrew Metrick

Journal of Financial Crises

Value at Risk (VaR) is one of the most commonly used ways to measure and monitor market risk. At JPMorgan Chase (JPM), very large derivative positions established by Bruno Iksil in the Synthetic Credit Portfolio (SCP) caused the bank’s Chief Investment Office (CIO) to exceed its VaR limit for four days in a row in January 2012. In response, the CIO changed to a new VaR model on January 30, which appeared to immediately reduce VaR by half. However, JPM soon discovered that this new VaR model had not been properly implemented and the bank went back to using the …

Jpmorgan Chase London Whale B: Derivatives Valuation, Arwin G. Zeissler, Andrew Metrick

Journal of Financial Crises

After consistently producing positive results through 2011, the JPMorgan Chase (JPM) traders who oversaw the bank’s Synthetic Credit Portfolio (SCP) grew alarmed by a consistent string of losses beginning in January 2012. (The SCP was maintained by JPM to help hedge default risk and was the source of the 2012 London Whale trading loss.) To minimize the losses reported to their superiors until such time that market prices hopefully turned in their favor, the SCP traders began valuing their largest derivative positions in a manner that was not consistent with Generally Accepted Accounting Principles (GAAP) and JPM policy. The fair …

Conversation With Jody Raphael About "Decriminalization Of Prostitution: The Soros Effect", Heather Brunskell-Evans

Dignity: A Journal of Analysis of Exploitation and Violence

George Soros and Open Society Foundation are supporting the decriminalization of prostitution by funding organizations around the world to advocate for this legal change. Heather Brunskell-Evans (FiLiA podcasts, London) interviews Jody Raphael, Senior Research Fellow, Schiller DuCanto & Fleck Law Center, DePaul University College of Law, Chicago, Illinois, USA, about her research on this topic and discusses her article "Decriminalization of Prostitution: The Soros Effect."

Do Prostitution Advertisements Reduce Violence Against Women? A Methodological Examination Of Cunningham, Deangelo, And Tripp Findings, Katie Feifer, Jody Raphael, Kezban Yagci Sokat

Dignity: A Journal of Analysis of Exploitation and Violence

A recent study by Cunningham, DeAngelo, and Tripp (unpublished 2017, 2019) found that advertising prostitution online led to a lower rate of homicide of women in the United States. These findings have circulated widely in the mainstream media as proof that advertising prostitution online increases the safety of prostituted women. The study’s findings were used to argue against the 2018 passage of a federal anti-trafficking bill: Allow States and Victims to Fight Online Sex Trafficking Act (FOSTA) and Stop Enabling Sex Traffickers Act (SESTA), known collectively as FOSTA-SESTA. This new law holds websites that knowingly facilitate sex trafficking accountable for …

Impartiality, Social Network Effects And Collective Memory: Three Essays On Trust In Police., Matthew Robert Fischer

Electronic Theses and Dissertations

This dissertation is an historical and empirical examination of police organizational efforts at influencing public perceptions of trust in police. It begins with an historical overview of police organizational reform, focusing on the various strategies employed by police reformers have attempted to influence public perceptions of police trustworthiness and legitimacy. It uses Rothstein’s impartiality as Quality of Government thesis and the theory of collective memory to argue for an understanding of the importance of the normative context in which police tactics and strategies are deployed for garnering trust in police and how the presence of social network effects for trust …

Black Women’S Wellbeing: The Intersections Of Race, Immigrant Status, And Mental Health Among African Diasporan Women In Houston, Texas, Sianneh Vesslee

African American and Africana Studies Summer Fellows

My central research question is: how has white supremacy impacted African Diaspora women’s mental health, access to mental healthcare, and identities as mental health patients in the United States as discernible in advertisements and state policies for psychological wellness? More specifically, I will investigate whether and/or how white supremacy shapes the ways in which advertising and state policies for mental healthcare address the particular needs of black women who immigrate to Houston, Texas from Lagos, Nigeria and Coahuila, Mexico. I choose those geographies because Houston is a U.S. city with one of the highest populations of black immigrants from Nigeria …

Factors In Refugee Resilience Building During Humanitarian Response, Rachel Starner

Capstone Collection

If countries hosting refugees want to build resiliency and reduce dependency on foreign relief, humanitarian response and local development need to be addressed simultaneously, and collaboration at all levels of stakeholders needs to take place in planning and decision making. Additionally, innovation and strong leadership are strong factors in creating and leading new ideas as funding and world leadership dynamics change, especially with traditional leaders such as the US and the UN losing influence. Observations made at the Mahama Refugee Camp in Rwanda as well as existing document analysis reflect these traits by active efforts of camp administrators and humanitarian …

Standing Up Against Racial Discrimination: Progressive Americans And The Chinese Exclusion Act In The Late Nineteenth Century, Wenxian Zhang

Faculty Publications

The passage of the Chinese Exclusion Act is a dark chapter in the immigration history of the United States. In contrast to the overwhelming “Yellow Peril” literature of the time, the outcries of mistreated Chinese were few and far between, as they had little recourse against their accusers. This article attempts to identify the rare voices of Chinese Americans and recognizes the bold vision and noble endeavors of some progressive Americans during the Exclusion Era of the late nineteenth century. Throughout the national debates on the Chinese Exclusion Act, a minority of Americans stood up in support of Chinese immigrants, …

Reexamining The Impact Of Medicaid Expansion In A Post-Affordable Care Act Environment From A Critical Race Perspective, Ty Price Dooley

Journal of Public Management & Social Policy

The passage of the Patient Protection and Affordable Care Act (ACA) in 2010 drastically transformed the health care system in the United States. This paper examines the factors influencing state decisions relative to Medicaid expansion in a post-ACA environment through the lens of Critical Race Theory. This study incorporates economic, geographic and health variables into a model of post-ACA-Medicaid decision-making by using logistic regression to examine State Medicaid expansion from 2010 to 2014. The size of the minority population in state, tobacco use and southern distinctiveness are significant predictors of decision making relative to Medicaid expansion. Findings support that racialized …

The Torch (June 2019), Crtp

Torch: The Civil Rights Team Project Newsletter

Civic and Community Engagement | Civil Rights and Discrimination | Education | Gender and Sexuality | Inequality and Stratification | Politics and Social Change | Public Policy | Race and Ethnicity

Latino Political Leadership In Massachusetts – 2019, Bianca Ortiz-Wythe, Christa M. Kelleher, Fabián Torres-Ardila, Gaston Institute, University Of Massachusetts Boston, Center For Women In Politics And Public Policy, University Of Massachusetts Boston

Publications from the Center for Women in Politics and Public Policy

There is very limited Latino presence in the State Senate, with one Latina State Senator in office; having five Latinos in the Senate would be proportionate to the statewide Latino population. Six Latinos serve in the 160-member House of Representatives; eighteen would be proportionate. There are no Latinos in the state’s congressional delegation.

City councilors and members of school committees account for 83% of all Latinos serving in key elected leadership positions. The top 20 cities and towns with the largest proportions of Latino residents in Massachusetts account for 57% of the Latino population in the state. Among these cities …

Understanding Trauma And Victimization In Women's Incarceration: California's Treatment Response, Marissa Tuttle-Roache

Social Sciences

The purpose of this review is to provide an exploration of past research on women's pathways to incarceration, specifically discussing how this problem affects California women. Using research from various case studies, both quantitative and qualitative, this review examines the correlation between life experiences and incarceration for women. California laws and policies that mitigate the impact incarceration has historically had on women will be discussed. This research provides a better understanding of the treatment needs of incarcerated women and the programs that could provide them with some positive resources to succeed post incarceration and avoid recidivism.

Latino Political Leadership In Massachusetts: 2019, Bianca Ortiz-Wythe, Christa M. Kelleher, Fabián Torres-Ardila

Gastón Institute Publications

There is very limited Latino presence in the State Senate, with one Latina State Senator in office; having five Latinos in the Senate would be proportionate to the statewide Latino population. Six Latinos serve in the 160-member House of Representatives; eighteen would be proportionate. There are no Latinos in the state’s congressional delegation.

City councilors and members of school committees account for 83% of all Latinos serving in key elected leadership positions. The top 20 cities and towns with the largest proportions of Latino residents in Massachusetts account for 57% of the Latino population in the state. Among these cities …

Public Safety Trends In Map Communities And Matched Comparison Areas. Map Evaluation Update Number 3., Sheyla A. Delgado, Richard A. Espinobarros, Gina Moreno, Jeffrey A. Butts

Publications and Research

This is the third of six updates presenting interim findings from the evaluation of the NYC Mayor’s Action Plan for Neighborhood Safety (MAP). As part of an evaluation of the New York City Mayor’s Action Plan for Neighborhood Safety (MAP), researchers from John Jay College of Criminal Justice collaborated with survey specialists from NORC at the University of Chicago to track key outcomes in MAP developments and matched comparison sites. Using the NYC Open Data portal and data from NYPD and SPARCS, the research team looked to see if the presence of MAP showed initial impacts in crime and victimization …

Best Training Practices For Probation Officers And Staff Toward Building A More Sophisticated, Fair, And Effective System Of Juvenile Justice In San Diego County, Carissa Carrasquillo

Ethnic Studies Senior Capstone Papers

This report illustrates how probation leadership, officers, and staff in San Diego County can adopt best training practices to address and alleviate incidents in juvenile detention facilities and build a sophisticated, fair, and effective system of juvenile justice. The goal of implementing best training practices for probation officers and staff is to build a knowledgeable workforce to better serve youth and families and reduce racial and ethnic disparities in the juvenile justice system. This report analyzes how innovations in management and the introduction of new programs has proven effective through research- and evidence-based practices and direct community involvement. In particular, …

The Political Leadership Of Women Of Color In Massachusetts: Uneven Progress Amid Historic Advances, Center For Women In Politics And Public Policy, University Of Massachusetts Boston, Gaston Institute, University Of Massachusetts Boston, William Monroe Trotter Institute, University Of Massachusetts Boston, Institute For Asian American Studies, University Of Massachusetts Boston, Institute For New England Native American Studies, University Of Massachusetts Boston

Publications from the Center for Women in Politics and Public Policy

Since the 2015 release of Profiles in Leadership: Women of Color Elected to Office in Massachusetts which documented the electoral leadership of 94 women of color who had ever served in office in Massachusetts, at least 34 women of color have been elected to office, reflecting a 36% increase in the past four years.

Developing Age-Friendly Communities: Evidence From Multiple Case Studies, Patricia A. Oh

Graduate Doctoral Dissertations

Population aging brings opportunities and challenges for local community and economic development. One policy solution that has been adopted by 325+ jurisdictions in the United States is joining the AARP Network of Age-Friendly States and Communities or the WHO Global Network of Age-Friendly States and Communities. Although the age-friendly movement is gaining momentum in the US, few studies have looked at what influences municipal decision-making about joining a network or making age-friendly changes. The purpose of this multiple case study was to explore what influences municipal decision-making about joining a formal age-friendly network and how communities mobilize the resources at …

To Adopt Or Not To Adopt: Factors Impacting States’ Pursuit And Implementation Of Aca’S Home And Community-Based Programs, Lisa Kalimon Beauregard

Graduate Doctoral Dissertations

The Patient Protection and Affordable Care Act (ACA) sought to improve the United States’ long-term services and supports (LTSS) system by expanding home and community-based services (HCBS). The ACA contained several optional Medicaid HCBS opportunities for states, including the Balancing Incentive Program, the 1915(k) Community First Choice personal care benefit, and the revised 1915(i) state plan benefit. This research examined these HCBS provisions to explain what factors determine whether states participate in the ACA’s new HCBS programs and, after adoption, what factors facilitate or impede implementation of these programs. To answer these questions, this study used a mixed methods research …

Stop Running In Laps: Evaluating The Lethality Assessment Program's Effectiveness In Reducing Repeat Intimate Partner Violence, Dory A. Mizrachi

UNLV Theses, Dissertations, Professional Papers, and Capstones

Repeat victimization is a phenomenon which is generally understood as the pattern and prevalence of victimization. This is an important factor for local authorities in their attempt to develop innovative policies and practices to facilitate predicting and preventing crimes. Thus, many police departments around the country, including the Las Vegas Metropolitan Police Department (LVMPD) have adopted the Lethality Assessment Program (LAP). This is a risk assessment tool used by responding officers on domestic violence calls that intends to prevent future risk of lethal violence to victims of domestic violence by assessing their risk of lethality and providing immediate referrals to …

From Deviant Symbol To Cultural Icon? Understanding Pit Bull Stigma, Genevieve Minter

UNLV Theses, Dissertations, Professional Papers, and Capstones

This research draws from twelve months of ethnographic data using Las Vegas as a case study to understand how pit bull owners experience and negotiate stigma in various social settings. The human-dog relationship, long rooted in utility, transformed in the modern era as animals were promoted from worker to companion. The world’s first dog register, The American Kennel Club, created breed standards and encouraged selective breeding, which influenced the idea of certain dogs being more physically “dangerous” than others. Though the pit bull is not the first dog “breed” to be the object of discrimination, it is the first dog …

Silenced Voices: Remedying The Historical Suppression Of Felons And The Black Vote, Isabel Tayag

Creative Activity and Research Day - CARD

The disenfranchisement of felons in the United States evolved from a historical precedent brought to the Americas during colonization. Our country adopted the political philosophy that shaped criminal voting laws around the country—criminals are unable to govern themselves and therefore unable to govern a country; their participation in our government would be danger to the purity of the ballot box. With rising racial tensions after Reconstruction, preserving the purity of the ballot box became a preservation of the white vote. This paper argues that felon disenfranchisement became a tool to further suppress African American after poll taxes, literacy tests, and …

Prosecutorial Discretion: The Difficulty And Necessity Of Public Inquiry, Bruce A. Green

Dickinson Law Review (2017-Present)

Prosecutors’ discretionary decisions have enormous impact on individuals and communities. Often, prosecutors exercise their vast power and discretion in questionable ways. This Article argues that, to encourage prosecutors to use their power wisely and not abusively, there is a need for more informed public discussion of prosecutorial discretion, particularly with regard to prosecutors’ discretionary decisions about whether to bring criminal charges and which charges to bring. But the Article also highlights two reasons why informed public discussion is difficult—first, because public and professional expectations about how prosecutors should use their power are vague; and, second, because, particularly in individual cases, …

Conditionality, Rationale, And Implications Of Eu Aid For Migration: The Case Of Morocco, Miranda Macaulay Miller

Independent Study Project (ISP) Collection

Morocco has a long history as a sending country. However, in recent years, as civil, political, and economic unrest has uprooted many people, Morocco has emerged as a transit country for migrants attempting to reach Europe. Additionally, as borders have become tighter and as migration has become more financially burdensome, many have permanently settled in Morocco. In response to the relationship between Morocco and Europe, many instruments have been developed between the EU and Morocco to manage migration and mobility. In this study, using policy analysis and a semi-structured interview approach, I will examine the motives of the EU for …

Multicultural Narratives: Language As A Site Of Struggle For Amazigh Rights Activism In Morocco, Joyce Lee

Independent Study Project (ISP) Collection

The Moroccan constitutional monarchy’s officialization of the Amazigh language in 2011 was its response to a building coalition for Amazigh rights, which simultaneously narrowed and broadened the scope of the Amazigh Rights movement. This study’s purpose was to analyze Tamazight as it has currently manifested in the urban space of Rabat as a site of struggle for Amazigh people. The questions the study attempts to answer are: a) Has the Moroccan government found success in its chosen goal of standardization of the Tamazight language in schools? b) Do Amazigh activists share this same goal? c) Whose needs do the goals …

Juntar Todos Los Recursos: Los Obstáculos Y Las Oportunidades Del Financiamiento De Las Oscs En Argentina, Yanting (Jane) Yang

Independent Study Project (ISP) Collection

El enfoque de este informe es la situación del financiamiento de las OSCs en Argentina. Las OSCs (Organizaciones de Sociedad Civil) pertenecen al sector que trabaja en el campo entre el sector gubernamental y el sector privada. Trabajan para fines públicos, son autónomas y actúan sin fines de lucro. Las OSCs en Argentina generalmente juntan sus fondos principales a través de los siguientes métodos: fondos de las ONGs internacionales; fondos de las empresas; fondos de los donantes individuales. Sin embargo, dependiendo del tamaño y la reputación de cada OSC, tienen fondos de escalas diferentes (Klugman et al). Para ilustrar, las …

Book Review: Forced Confrontation: The Politics Of Dead Bodies In Germany At The End Of World War Ii, Christiane K. Alsop

Genocide Studies and Prevention: An International Journal

No abstract provided.

Transition Of Multicultural Symbiotic Policies In Japan: Case Studies Analysis Of Tokyo, Toyohashi And Minamiuonuma City, Kozue Kashiwazaki, Ryo Sato

Japanese Society and Culture

How to attract foreign human resources and settle in has been one of the main issues of Japan where is facing depopulation and required to lead local regeneration with diversity. This paper introduces the transition of multicultural symbiotic policies in Japan and case studies at city level based on the collected data by in-depth interview in 2015. Data was collected in three advanced case studies, Tokyo, Toyohashi, and Minamiuonuma city. Through the overview of transition of policies and case study analysis, this paper attempts to find the fundamental and potential gaps between policies and actual condition at national and city …

Mandatory Minimum Penalties: An Analysis Of Four State’S Penal Codes And Federal Court Policies, Cassie Geiken

Honors Program: Senior Projects (Public)

In Nebraska, variations of bills attempting to amend mandatory minimum laws in the state have been introduced. The harshness of the mandatory sentences, as well as the looming state of emergency caused by prison overcrowding, have sustained the debate over sentencing laws. This essay identifies the core issues of mandatory minimum sentencing laws and analyzes the states of Nebraska, Texas, Alabama, California, and the federal system’s use of mandatory minimums for felony charges to identify potential solutions. Statute review found that Nebraska’s current sentencing codes are misaligned with the rest of the nation; not even Alabama with one of the …

The Torch (February 2019), Crtp

Torch: The Civil Rights Team Project Newsletter

Civic and Community Engagement | Civil Rights and Discrimination | Education | Gender and Sexuality | Inequality and Stratification | Politics and Social Change | Public Policy | Race and Ethnicity

Recommended Citation

Baldwin, Brandon and Civil Rights Team Project, "Torch (August 2013)" (2013). Torch: The Civil Rights Team Project Newsletter. 58. http://digitalcommons.usm.maine.edu/torch/58

Measurement Plan And Analytic Strategies For Evaluating The Mayor’S Action Plan For Neighborhood Safety. Map Evaluation Update Number 2., Jeffrey A. Butts, John Roman, Angela Silletti, Anthony Vega, Wogod Alawlaqi

Publications and Research

This is the second of six updates presenting interim findings from the evaluation of the NYC Mayor’s Action Plan for Neighborhood Safety (MAP). As part of an evaluation of the New York City Mayor’s Action Plan for Neighborhood Safety (MAP), the John Jay College Research and Evaluation Center was asked to create the measurement framework and analytic strategies to evaluate the MAP initiative. Using multiple data sources and onsite observations and interviews, the team aims to understand the relationship between the MAP efforts and the expected outcomes of those efforts.