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Policy Measures (policy + measure)
Selected AbstractsREGIONAL UNEMPLOYMENT DISPARITIES: AN EVALUATION OF POLICY MEASURES,AUSTRALIAN ECONOMIC PAPERS, Issue 4 2008N. GROENEWOLD This paper analyses the efficacy of regional and federal government policies in reducing inter-regional unemployment disparities. We use as our framework a two-region general equilibrium model with a given freely-mobile supply of labour. We assume inter-regional migration to occur in response to inter-regional utility differentials. Each region has households, firms and a regional government. In addition to regional governments, there is a federal government. The firms in a region use a single factor, labour, to produce a single good which we assume to be different to that produced in the other region. It is supplied to households and to the regional government in the form of payroll taxes. Households consume some, trade some with households in the other region and give some up to the federal government as income tax. Firms and households bargain over wages and firms then choose employment to maximise profits. The resulting equilibrium will generally not be a full-employment one. We simulate a linearised numerical version of the model. We examine seven alternative policies, six carried out by a regional government and one by the federal government. In the first group there are traditional tax/expenditure polices as well as policies which might be seen as attacking the natural rate of unemployment: changes in unemployment benefits, changes in union power, changes in the labour force and changes in labour productivity. The federal government policy is a regionally-differentiated fiscal policy. Contrary to expectations, many policies which have traditionally been recommended to alleviate unemployment are found, in fact, to exacerbate the unemployment problem. [source] Technology and Cartel Stability under Vertical DifferentiationGERMAN ECONOMIC REVIEW, Issue 4 2000Luca Lambertini The interplay between R&D activity and cartel stability is investigated in a vertical differentiation framework with convex costs. The behaviour of firms' critical discount factors as the curvature of the cost function varies is investigated, considering either price- or quantity-setting behaviour. In order to stabilize collusion, firms are better off playing à la Cournot and supplying the non-cooperative qualities. There emerges a tradeoff between the reduction of the convexity of the cost function and the associated increase in marginal cost. The decision to carry out joint or independent ventures in research is also investigated, showing that such a decision is non-monotone in intertemporal discounting. Policy measures are then briefly discussed. [source] Effects of the introduction of the German "Praxisgebühr" on outpatient care and treatment of patients with atopic eczemaJOURNAL DER DEUTSCHEN DERMATOLOGISCHEN GESELLSCHAFT, Issue 10 2009Jochen Schmitt Summary Background: The introduction of a co-payment of 10 Euros per quarter and physician for adults (the so called "Praxisgebühr") as of January 01, 2004 was a significant health policy measure with unknown effects on medical care of patients with atopic eczema (AE). Methods: Analysis of an administrative healthcare database from Saxony, Germany. Comparison of outpatient care and treatment of 11,036 patients with AE (6,696 adults) in the year before (2003) and after (2004) the introduction of the co-payment using descriptive statistics and logistic regression modeling. Results: The proportion of adults with AE treated by dermatologists decreased from 52.8% in 2003 to 42.3% in the year after the co-payment was introduced. Consultations of general practitioners by adults and health services utilization by children/adolescents did not change. Treatment with topical calcineurin inhibitors in 2003 was an independent predictor for re-consultation in 2004 (p < 0.001). The proportion of adults receiving systemic steroids for AE significantly increased in 2004 (males: 2003: 5.9%, 2004:10.3%, p < 0.001; females: 2003: 5.7%, 2004: 8.2%, p < 0.001). The risk for treatment with systemic steroids increased with the decrease in consulting frequency due to AE relative to 2003 (p = 0.006). Conclusions: After the introduction of the German "Praxisgebühr" fewer patients with AE received dermatological treatment. Simultaneously, an unexpectedly significant increase in the (non evidence-based) treatment of AE with systemic steroids was observed, of which patients with relatively lower consultation frequency after the introduction of the co-payment were particularly affected. [source] Foreign Direct Investment, Services Trade Negotiations and Development: The Case of Tourism in the CaribbeanDEVELOPMENT POLICY REVIEW, Issue 4 2006Dirk Willem te Velde This article examines whether and how developing countries can use services trade negotiations to increase the amount of inward FDI conducive to development. It reviews how services trade rules can affect inward FDI, and employs panel data analysis with innovative use of instrumental variables in the tourism sectors of 9 Caribbean countries during 1997,2003. It argues that Caribbean countries may want to signal openness to inward FDI in GATS, while maintaining a degree of flexibility in the use of policy measures; in the current negotiations with the EU on Economic Partnership Agreements, the focus could be on emphasising the development dimension. [source] THE TROUBLE WITH FINAL SALARY PENSION SCHEMESECONOMIC AFFAIRS, Issue 4 2006Nick Silver The decline in final salary pension schemes (FSS) is a result of increasing costs caused in part by legislative interference. In this paper it is argued that FSS have always been detrimental to the economy. In a misguided attempt to save FSS, the government risks bankrupting large sections of the British corporate sector. Other policy measures could allow greater flexibility for trustees of pension schemes and remove counter-productive legislation and encourage innovative market-based solutions to pensions problems. [source] CHALLENGES FOR FINANCIAL STABILITY POLICY,ECONOMIC AFFAIRS, Issue 4 2004Alastair Clark Financial stability issues have attracted increasing attention as the global financial system has become more complex and more integrated. This article discusses some challenges posed by this environment for financial stability policy-makers. The challenges identified are: how to assess the relative merits of different policy measures and calibrate their effects; how to design regulatory capital requirements that are not too prescriptive or detailed; how incentive structures for individuals within firms can be better aligned with a firm's objectives for both return and risk; how,the authorities' should relate to large, complex financial institutions; and how to improve the handling of sovereign debt crises. The article gives a flavour of the official debate in each of these areas. [source] Regional Income Inequality and International TradeECONOMIC GEOGRAPHY, Issue 3 2004Julie A. Silva Abstract: This study investigates the effects of trade on income inequality across regions in the United States. Using both structural and price-based measures of regional trade involvement, we evaluate the effects of trade on inequality within and across states, the metropolitan and nonmetropolitan portions of the states, and the major census regions. Across all states and metropolitan and nonmetropolitan areas, we found that trade affects inequality primarily via import and export prices. In contrast to our expectations, however, a weaker dollar,more expensive imports and cheaper exports,is associated with the worsening of a state's position relative to other states and greater inequality within the state. Across the census regions, both our price and orientation measures had significant effects, but the direction of these effects varied by region. Whereas many regions benefited from cheaper imports, states in regions that are traditionally home to low-wage sectors, including the Southeast and South Central regions, were made relatively worse off by lower import prices and by greater orientation toward import-competing goods. Our findings reinforce notions about the uneven impacts of globalization and suggest that policy measures are needed to ensure that both the benefits and costs of involvement in international trade are shared across regions. [source] Trade liberalisation and CAP reform in the EUECONOMIC OUTLOOK, Issue 1 2006Article first published online: 26 JAN 200 Europe has underperformed relative to its peers and to its own previous performance over the last two decades. That underperformance reflects a range of factors, from structural rigidities in labour and capital markets, to inappropriate macroeconomic policy. But one set of policy measures that could contribute to improved economic performance in the future is trade liberalisation and reform of the Common Agricultural Policy (CAP). This article examines the benefits that could accrue to the UK, EU and global economies from the liberalisation of trade in goods and from the replacement of the current CAP with other, more productive forms of spending. It finds that the current barriers to trade in the EU, and the resources dedicated to the maintenance of the CAP, are set to cost the EU some 2% of GDP by 2015 if they remain in place. Moreover, this cost falls disproportionately on the poorer members of society. [source] Economic and cultural correlates of cannabis use among mid-adolescents in 31 countriesADDICTION, Issue 2 2006Tom Ter Bogt ABSTRACT Aims To examine cannabis use among mid-adolescents in 31 countries and associations with per-capita personal consumer expenditure (PCE), unemployment, peer factors and national rates of cannabis use in 1999. Design, participants and measurement Nationally representative, self-report, classroom survey with 22 223 male and 24 900 female 15-year-olds. Country characteristics were derived from publicly available economic databases and previously conducted cross-national surveys on substance use. Findings Cannabis use appears to be normative among mid-adolescents in North America and several countries in Europe. The life-time prevalence of cannabis use was 26% among males and 15% among females and was lowest for males and females in the former Yugoslav Republic (TFYR) of Macedonia: 2.5% and to 2.5%, respectively; and highest for males in Switzerland (49.1%) and in Greenland for females (47.0%). The highest prevalence of frequent cannabis use (more than 40 times in life-time) was seen in Canada for males (14.2%) and in the United States for females (5.5%). Overall, life-time prevalence and frequent use are associated with PCE, perceived availability of cannabis (peer culture) and the presence of communities of older cannabis users (drug climate). Conclusions As PCE increases, cannabis use may be expected to increase and gender differences decease. Cross-national comparable policy measures should be developed and evaluated to examine which harm reduction strategies are most effective. [source] Infrastructure and Rural Development: US and EU Perspectives Infrastruktur und Entwicklung des ländlichen Raums: Perspektiven aus den USA und der EU Infrastructures et développement rural : Perspectives aux États-Unis et dans l'Union européenneEUROCHOICES, Issue 1 2008David Blandford Infrastructure and Rural Development: US and EU Perspectives Infrastructural development remains a cornerstone of rural development policy in both the United States and Europe. It is evident that rural development objectives differ, but similar policy measures are used. The economic rationale for infrastructure development centres on efficiency and creation of competitive advantage. Policy intervention is justified because of the added costs of infrastructure provision in remote, sparsely populated areas. Although this policy focus does not guarantee success, regions leading in economic development typically have better physical infrastructure. In the United States, policy must adapt to challenges posed by an ageing rural infrastructure and demographic change that will increase demands on social infrastructure such as housing and health facilities. There will be greater local responsibility for funding, and expanded use of public/private partnerships. In the European Union, the major challenge is in redirecting resources to new member states, where there is urgent need for both large new investments in transport networks and small investments to improve local access. Although two current options for funding these diverse needs focus on European policies only, investments in non-farm physical capital and public infrastructure cannot be sustained without active national policies to complement the European efforts, perhaps through co-financing requirements. Infrastructures et développement rural : Perspectives aux États-Unis et dans l'Union européenne Le développement des infrastructures demeure un pilier de la politique de développement rural aux États-Unis comme dans l'Union européenne. Les objectifs de développement rural diffèrent bien évidemment mais des mesures semblables sont employées. La justification économique du développement des infrastructures repose sur l'efficience et la création d'avantages concurrentiels. L'intervention publique est justifiée par les coûts supplémentaires des infrastructures dans les zones éloignées à population clairsemée. Bien que ce type de politique ne garantisse pas le succès, les régions en avance de développement économique ont en général de meilleures infrastructures physiques. Aux États-Unis, la politique soit s'adapter aux défis que posent le vieillissement des infrastructures rurales et l'évolution démographique qui va augmenter la demande d'infrastructures sociales telles que les services de santé et de logement. La responsabilité du financement local va augmenter et les partenariats public/privé vont se développer. Dans l'Union européenne, le principal défi est de réorienter les ressources vers les nouveaux pays membres qui ont un besoin urgent de nouveaux investissement d'ampleur dans les réseaux de transport et d'investissement de plus faible ampleur dans l'amélioration des accès locaux. Deux options actuelles de financement de ces divers besoins se concentrent sur les seules politiques européennes, mais les investissements dans le capital physique non agricole et dans les infrastructures publiques ne peuvent pas se poursuivre sans des politiques nationales actives complémentant les efforts fournis au niveau européen, peut-être à travers des mécanismes de co-financement. Infrastruktur und Entwicklung des ländlichen Raums: Perspektiven aus den USA und der EU Bei der Entwicklung der Infrastruktur handelt es sich nach wie vor sowohl in den USA als auch in Europa um einen Eckpfeiler in der Politik zur Entwicklung des ländlichen Raums. Es ist offensichtlich, dass sich die Ziele bei der Entwicklung des ländlichen Raums unterscheiden, die Politikmaßnahmen ähneln sich jedoch. Die wirtschaftliche Begründung für die Entwicklung der Infrastruktur zielt auf die Effizienz und das Schaffen von Wettbewerbsvorteilen ab. Politikeingriffe sind gerechtfertigt, da die Bereitstellung von Infrastruktur in entlegenen, dünn besiedelten Gebieten höhere Kosten verursacht. Obgleich dieser Schwerpunkt der Politik den Erfolg noch nicht garantiert, verfügen die wirtschaftlich am weitesten entwickelten Regionen typischerweise über eine bessere physische Infrastruktur. In den USA muss sich die Politik an die Herausforderungen anpassen, welche eine in die Jahre gekommene Infrastruktur im ländlichen Raum und der demografische Wandel mit sich bringen, und wodurch neue Anforderungen an die soziale Infrastruktur, wie z.B. Wohnungsbau und Gesundheitseinrichtungen, gestellt werden. Bei der Finanzierung werden die Kommunen stärker in die Verantwortung genommen, und öffentlich-private Partnerschaften werden an Bedeutung gewinnen. In der EU besteht die größte Herausforderung darin, Ressourcen zu den neuen Mitgliedstaaten umzuverteilen, wo sowohl neue Großinvestitionen in die Transportnetzwerke als auch kleinere Investitionen zur Verbesserung des lokalen Zugangs dringend benötigt werden. Obwohl sich die beiden im Moment vorhandenen Optionen zur Finanzierung dieser vielfältigen Bedürfnisse ausschließlich auf europäische Politikmaßnahmen konzentrieren, können die Investitionen in außerlandwirtschaftliches physisches Kapital und in die öffentliche Infrastruktur nicht ohne wirksame Politikmaßnahmen auf nationaler Ebene (z.B. die Pflicht zur Kofinanzierung) als Ergänzung zu den Bemühungen auf europäischer Ebene aufrecht erhalten werden. [source] The costs and benefits of lifelong learning: The case of the NetherlandsHUMAN RESOURCE DEVELOPMENT QUARTERLY, Issue 2 2002Marko J. van Leeuwen This article deals with costs and benefits related to on-the-job training. For calculating costs and benefits of on-the-job training at the sector and macroeconomic levels, a model is developed. Model parameters are estimated using information from a survey of employers and employees in the Netherlands. Exogenous model variables are taken from the survey as well as from several official statistical sources. The model is used for running a baseline scenario and several policy scenarios. The policy scenarios describe proposed policy measures for stimulating lifelong learning in the Netherlands. The model calculates detailed costs and benefits for players in the market for on-the-job training and the macroeconomic consequences. It is shown that the differences in cost-effectiveness of policy measures can be large. Another important conclusion is that the results may differ strongly among employers, employees, and the government. [source] Modelling the impact of energy taxationINTERNATIONAL JOURNAL OF ENERGY RESEARCH, Issue 6 2002Jörgen Sjödin Abstract Energy taxation in Sweden is complicated and strongly guides and governs district energy production. Consequently, there is a need for methods for accurate calculation and analysis of effects that different energy tax schemes may have on district energy utilities. Here, a practicable method to analyse influence of such governmental policy measures is demonstrated. The Swedish Government has for some years now been working on a reform of energy taxation, and during this process, several interest groups have expressed their own proposals for improving and developing the system of energy taxation. Together with the present system of taxation, four new alternatives, including the proposed directive of the European Commission, are outlined in the paper. In a case study, an analysis is made of how the different tax alternatives may influence the choice of profitable investments and use of energy carriers in a medium-sized district-heating utility. The calculations are made with a linear-programming model framework. By calculating suitable types and sizes of new investments, if any, and the operation of existing and potential plants, total energy costs are minimized. Results of the analysis include the most profitable investments, which fuel should be used, roughly when during a year plants should be in operation, and at what output. In most scenarios, the most profitable measure is to invest in a waste incineration plant. However, a crucial assumption is, with reference to the new Swedish waste disposal act, a significant income from incinerating refuse. Without this income, different tax schemes result in different technical solutions being most profitable. An investment in cogeneration seems possible in only one scenario. It is also found that particular features of some alternatives seem to oppose both main governmental policy goals, and intentions of the district heating company. Copyright © 2002 John Wiley & Sons, Ltd. [source] Workers' Remittances to India: An Examination of Transfer Cost and EfficiencyINTERNATIONAL MIGRATION, Issue 5 2010Bhupal Singh Regarding the time efficiency of remittance transfer channels to India, the evidence suggests that traditional banking instruments are relatively inefficient as compared to the new information technology-enabled products. Transfer arrangement of the Indian banks with overseas exchange houses has reduced the settlement cycle and the cost. Both the banks and money transfer operators (MTOs) are able to keep the transaction cycle low through the use of information technology-enabled formats. Given that the average cost curve of the banks is located to the right of the average cost curve of the MTOs, greater potential exists for the improvement in overall efficiency of the two entities, particularly through the sharing of messaging and the access and disbursement networks to reduce the overhead cost. The estimates of error correction model reveal that the transaction fee and payment infrastructure are significant determinants of remittance flows, underscoring the scope of policy measures in influencing remittance inflows. The estimates indicate that over the medium to long-term horizon, transaction cost emerges as the most dominant variable explaining the variation in remittances. The payments infrastructure also explains about 10 per cent variation in remittances over the medium-term. The impulse response analysis further reveals that the favourable shocks to transaction fees and the payments infrastructure cause steady improvement in remittance inflows over the medium-term horizon, thus underlining the importance of cost and efficiency in affecting the workers' remittances. [source] Trafficking and Human Smuggling: A European PerspectiveINTERNATIONAL MIGRATION, Issue 3 2000John Salt The article reviews the empirical evidence for trafficking and human smuggling in Europe. It argues that a market for irregular migration services has emerged, in which the mechanisms and forms of organization are still relatively unknown. Irregular migrants using these services are exposed both to unscrupulous service providers and to the immigration and policing authorities, thereby generating a dependence on safeguards provided by the trafficking networks. Thus a symbiosis has developed between trafficker and trafficked. The enormous interest and concern for trafficking and human smuggling in governmental, inter-governmental and non-governmental organizations, in the media and popular opinion, is running ahead of theoretical understanding and factual evidence. This has implications for policy measures designed to combat trafficking and human smuggling, which may not work and also have unintended side effects. The article begins with a discussion of the main conceptual and definitional issues confronting researchers and politicians. This is followed by an assessment of the main theoretical approaches that have been developed and an evaluation of current statistical knowledge. Information on the organizational structure of trafficking organizations is then reviewed, followed by a summary of the characteristics of migrants involved, based on empirical studies that have been carried out. The article concludes by indicating some of the main research priorities. [source] Labour market institutions and employment in FranceJOURNAL OF APPLIED ECONOMETRICS, Issue 1 2002Guy Laroque The purpose of this paper is to use individual data to study how the minimum wage and the welfare system combine to affect employment in France. Using the 1997 Labour Force Survey, we decompose non-employment of married women into three components: voluntary, classical (due to the minimum wage) and ,other' (a residual category). We find that the minimum wage explains close to 15% of non-employment for these women and that the disincentive effects of some welfare policy measures may be large. Our approach also allows us to evaluate various labour and welfare policy experiments in their effects on participation and employment. Copyright © 2002 John Wiley & Sons, Ltd. [source] Emerging Threats to Internet Security: Incentives, Externalities and Policy ImplicationsJOURNAL OF CONTINGENCIES AND CRISIS MANAGEMENT, Issue 4 2009Michel Van Eeten Somewhere around 10% of all machines connected to the Internet are thought to be infected with malicious software. This has allowed the emergence of so-called ,botnets', networks of sometimes millions of infected machines that are remotely controlled by malicious actors. Botnets are mostly used for criminal purposes, but they also enable large-scale failures that might even reach disastrous proportions. We explain the rise of botnets as the outcome of the incentive structures of market players and present new empirical evidence on these incentives. The resulting externalities require some form of voluntary or government-led collective action. Our findings have implications for the controversial debate on the appropriate policy measures, where two perspectives on cybersecurity fight for dominance: national security and law enforcement. [source] Exports and economic growth: The case of South Africa,JOURNAL OF INTERNATIONAL DEVELOPMENT, Issue 5 2009Logan Rangasamy Abstract Economic policy has always accorded an important role to export production in the overall growth process in South Africa. Recent policy proposals once again reaffirm this commitment. This paper attempts to ascertain whether the emphasis on export production is justified. Using modern econometric techniques within a multivariate framework, the results show that there is uni-directional Granger-causality running from exports to economic growth in South Africa. In addition, the gross domestic product (GDP) accounting identity underestimates the contribution of exports to economic growth. Thus, deliberate policy measures that stimulate export production will greatly enhance the growth prospects for the South African economy. The results in this paper also indicate that more attention should be given to the promotion of non-primary exports. Copyright © 2008 John Wiley & Sons, Ltd. [source] Changing linguistic attitudes in Valencia: The effects of language planning measures1JOURNAL OF SOCIOLINGUISTICS, Issue 4 2010Raquel Casesnoves Ferrer Linguistic policy measures have an undeniable effect on the linguistic attitudes of a population and, consequently, on the use of the languages concerned. In Valencia, the process of Catalan revitalization, which started in the early 80s, has had some very positive effects, of which education , especially of the youngest members of the population , in Catalan, has been the most important. A 1998 study assessed how the three language varieties that coexist in Valencia are perceived. Ten years later, this study has been replicated in order to analyze the effects of the great demographic and political changes during those years. The attenuation of the ideological conflict between Catalan and Castilian can be attributed to language policy. It seems difficult, however, to explain the disappearance of Valencian (the local variety of Catalan) as the language of group identity. The institutionalization of the conflict between Valencian and Catalan has led to ,linguistic peace', but it has also weakened attachment to Valencian, representing a major setback to its revitalization. [source] Sustainable consumption and production: Trends, challenges and options for the Asia-Pacific regionNATURAL RESOURCES FORUM, Issue 1 2010Wei Zhao Abstract This paper highlights current trends in consumption and production patterns in Asian developing countries and emerging economies. It describes the main challenges and opportunities for Asian countries making the transition towards sustainable consumption and production patterns. The main challenge for Asian economies is to address the unsustainable consumption patterns of urban consumers, which entails a policy shift from the current focus on pollution and inefficient industrial production. In view of future consumption trends and the global convergence of consumption patterns, the characteristics of the emerging ,global consumer class' are examined, with particular focus on urban ecological footprints and carbon emissions. Furthermore, the difference between urban and rural consumption is discussed, together with opportunities for low-carbon urban development in the megacities of Asian developing countries. To conclude, the paper presents an overview of current policy measures taken in Asian countries to green economic development and realise sustainable consumption and production patterns. [source] Advancement of renewables in Bangladesh and Thailand: Policy intervention and institutional settingsNATURAL RESOURCES FORUM, Issue 3 2006Sk Noim Uddin Abstract This article reviews and analyses the advancement of renewable sources of energy in Bangladesh and Thailand in terms of policy intervention and institutional settings. Since renewable forms of energy emit far smaller amounts of greenhouse gas compared with fossil fuels, their use should mitigate climate change impacts while contributing to the provision of energy services. The article turns first to a review of energy,environment trends and the potential for renewables in these two nations. It then discusses strategies for the advancement of renewables. It is argued that further significant efforts can be made towards the advancement of renewables in Bangladesh and Thailand. These two nations could also learn from the experience in industrialized nations and other developing nations with regard to requisite policy instruments and processes. A number of barriers remain to the advancement of renewables, especially in terms of policy arrangements, institutional settings, financing mechanisms and technologies. Resources, cooperation and learning are required in order to overcome such barriers and to foster the development of necessary policy measures. Implementation of the clean development mechanism (CDM) under the Kyoto Protocol, and replication and adaptation of effective strategies from other settings are possible avenues for this. [source] Climate change policy and practice in regional New Zealand: How are actors negotiating science and policy?NEW ZEALAND GEOGRAPHER, Issue 2 2009Alison Greenaway Abstract Regional governance to address climate change is being constituted in New Zealand through domestic policy measures and international discourses. We examine climate change responses in two regions: Marlborough and Waikato. Informants expressed a desire for more transparent government policy; that planning for climate change makes good business sense for farmers and other businesses; that technology is sought to increase productivity and decrease environmental impact; and research networks build capacity for local action, linking sectors and organisations. Often conflicting, these responses to climate change were informed by a mix of discourses shaping New Zealand, including participatory democracy, the knowledge economy and sustainable development. [source] Unterschiede im Denken zwischen Ökonomen und Laien , Erklärungsansätze zur Verbesserung der wirtschaftspolitischen BeratungPERSPEKTIVEN DER WIRTSCHAFTSPOLITIK, Issue 1 2009Dominik H. Enste First, based on psychological theories and empirical findings, the notion of the Homo oeconomicus is challenged. The economic situation is judged by laymen using implicit theories and biases, which are not in line with neoclassical economics. Then, the relevance of these theories and heuristics is shown empirically by the systematically different opinions of economists and non-economists on economic policy measures like minimum wages and maximum salaries. Conclusions for policy advisors complement the analysis. [source] Zerstört der Sozialstaat die Familie?PERSPEKTIVEN DER WIRTSCHAFTSPOLITIK, Issue 2 2008Evelyn Korn Accordingly, all social policy measures should support (or at least not disadvantage) marriages and families. This article shows that supporting marriages and supporting families are conflicting aims. It shows that measures which are intended to support families in raising children induce adaptive behaviour of (potential) parents that erodes marriage as an institution. In consequence, female incentives to bear children might be reduced by measures that were intended to augment them. [source] The IMF on Policies Responding to Demographic ChangePOPULATION AND DEVELOPMENT REVIEW, Issue 4 2004Article first published online: 15 DEC 200 In its semiannual report World Economic Outlook, the International Monetary Fund presents its analysis of major economic policy issues and assessment of economic prospects, along with more detailed treatment of a selected current topic. The special topic in the 300-page report published in September 2004 is "The Global Demographic Transition," treated in Chapter III of the document. An excerpt from the section of that chapter titled "Policies to Meet the Challenges of Global Demographic Change" is reproduced below with the permission of the IMF. Footnotes and the figure included in the excerpt have been renumbered. The title of Chapter III is "How Will Demographic Change Affect the Global Economy?" The tone of the discussion is set by the opening epigraph, a quotation from the UK's 1949 Report of the Royal Commission on Population: "It seems possible that a society in which the proportion of young people is diminishing will become dangerously unprogressive, falling behind other communities not only in technical efficiency and economic welfare, but in intellectual and artistic achievement as well." Accordingly, the focus of the analysis, like that of the commentary by US Federal Reserve Chairman Alan Greenspan reprinted in the preceding Document item in this issue, is on the consequences of population aging and on the desirable policy responses to that process. The discussion broadly parallels Greenspan's but with a wider compass, including some consideration of the effects of aging in developing countries. It emphasizes the need for counteracting adverse effects of demographic change through a combination of policy measures, since "the size of the reforms" (such as increasing labor force participation, inducing later retirement, and attracting more immigrants) "that would be needed in any single area [is] sufficiently large that they would be politically and economically difficult to achieve." [source] MONETARY POLICY INDICATORS AS PREDICTORS OF STOCK RETURNSTHE JOURNAL OF FINANCIAL RESEARCH, Issue 4 2008David A. Becher Abstract We explore the linkage between stock return predictability and the monetary sector by examining alternative proxies for monetary policy. Using two complementary methods, we document that failure to condition on the Fed's broad policy stance causes a substantial understatement in the ability of monetary policy measures to predict returns. Industry analyses suggest that cross-industry return differences are also linked to changes in monetary conditions, as monetary policy has the strongest (weakest) relation with returns for cyclical (defensive) industries. Overall, we find that monetary conditions have a prominent and systematic relation with future stock returns, even in the presence of business conditions. [source] The Effect of State Regulations on Motor Vehicle Fatalities for Younger and Older Drivers: A Review and AnalysisTHE MILBANK QUARTERLY, Issue 4 2001David C. Grabowski Policymakers have had a long-standing interest in improving the motor vehicle safety of both younger and older drivers. Although younger and older drivers share the distinction of having more crashes and fatalities per mile driven than other age groups, the problems posed by these two groups stem from different origins and manifest in different ways. A number of state-level policies and regulations may affect the number of motor vehicle crashes and fatalities in these two high-risk groups. A critical review of the existing literature in regard to the risk factors and the effects of various policy measures on motor vehicle crashes in these two high-risk populations provides direction for policymakers and high-priority areas of interest for the research community. [source] Explaining Trade Flows of SingaporeASIAN ECONOMIC JOURNAL, Issue 1 2004Hans C. Blomqvist The objective of this paper is twofold. First, the development of the trade patterns of Singapore and particularly between Singapore and its South-East Asian partners will be outlined and interpreted against a backdrop of relevant trade policy measures, for example in the context of the Association of Southeast Asian Nations (ASEAN). Second, a simple model of the gravity type is applied in order to establish and quantify the role of various trade determinants. Despite the fact that Singapore has strived at being a ,global city', it remains rather heavily biased towards East Asia as far as foreign trade is concerned. The role of ASEAN in particular is strong, even if the role of entrepôt trade tends to exaggerate the degree of integration between the economies of Singapore and ASEAN. It also seems clear that the latter, as an organization, has not contributed much to the development of trade relations between its members. Rather the closeness and the liberalization of these economies during the last 15 years or so appear to have been decisive. It is interesting to note that the newer members of ASEAN seem to have been integrated quickly in Singapore's economic network. [source] Measuring the Impact of Doi Moi on Vietnam's Gross Domestic ProductASIAN ECONOMIC JOURNAL, Issue 3 2000Le Thanh Nghiep In 1986 a wide range of policy measures, known as Doi Moi, was introduced to promote Vietnam's transition to a market economy. This paper represents the first attempt to measure the effect of Doi Moi on Vietnam's GDP. In the paper the level of GDP actually reached is compared with the level that would have been reached had the policy not been implemented, i.e. without the improvements in productivity and the increases in investment ratio that can be directly attributed to Doi Moi. Cross-time changes in GDP were depicted by a production function of capital stock, economically active labour force and technical progress. It was found that, after a time lag, Doi Moi appeared to have a significant positive effect on productivity, which by 1998 accounted for a 42% increase in GDP. [source] Relationship between environmental performance and financial performance: an empirical analysis of japanese corporationsBUSINESS STRATEGY AND THE ENVIRONMENT, Issue 2 2007Yuriko Nakao Abstract The hypotheses that a firm's environmental performance has a positive impact on its financial performance and vice versa are statistically supported by Japanese data. However, this tendency for two-way positive interaction appears to be only a relatively recent phenomenon. The tendency for realizing the two-way interaction is not limited to the top-scoring firms in terms of both financial and environmental performance. On the contrary, this is also a trend that can be observed fairly generally. Obviously, when we consider only scores of those companies that published the relevant information in their environmental reports, and conduct the statistical causality test with such information as additional input to the pooled time-series and cross-section data of financial performance, the results become more strongly significant. From the recent experience of environmental policies in Japan, we infer that information-based environmental policy measures are effective to encourage the ongoing transition toward a more sustainable market economy. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment. [source] Milkshakes, lady lumps and growing up to want boobies: how the sexualisation of popular culture limits girls' horizonsCHILD ABUSE REVIEW, Issue 6 2009Maddy Coy Abstract This article explores research evidence on the harmful impact of sexualised popular culture on girls and young women, and draws implications for the Every Child Matters (ECM) framework (Department for Education and Skills, 2004). The key theme is how sexualisation narrows girls' ,space for action', their aspirations and achievements by re-defining femininity and beauty as of most importance, but also the negative impact on sexual relationships and interactions, with a specific focus on portrayal of black girls and young women in terms of the intersection of race and gender. Recommendations are made for a gendered analysis of sexualisation to be incorporated into ECM indicators and relevant policy measures. Copyright © 2009 John Wiley & Sons, Ltd. [source] | |||||||||||||||||||