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The Euro: information resources

May 25, 2013 Comments off

The Euro: information resources

Source: European University Institute

The Euro resources directory provides information about the Eurozone and a bibliography

Experimental Evidence on the Effects of Home Computers on Academic Achievement among Schoolchildren

May 24, 2013 Comments off

Experimental Evidence on the Effects of Home Computers on Academic Achievement among Schoolchildren

Source: National Bureau of Economic Research (via University of California, Santa Cruz)

Computers are an important part of modern education, yet many schoolchildren lack access to a computer at home. We test whether this impedes educational achievement by conducting the largest-ever field experiment that randomly provides free home computers to students. Although computer ownership and use increased substantially, we find no effects on any educational outcomes, including grades, test scores, credits earned, attendance and disciplinary actions. Our estimates are precise enough to rule out even modestly-sized positive or negative impacts. The estimated null effect is consistent with survey evidence showing no change in homework time or other "intermediate" inputs in education.

No-Vacation Nation Revisited

May 24, 2013 Comments off

No-Vacation Nation Revisited

Source: Center for Economic and Policy Research

This report reviews the most recently available data from a range of national and international sources on statutory requirements for paid vacations and paid holidays in 21 rich countries (16 European countries, Australia, Canada, Japan, New Zealand, and the United States). In addition to our finding that the United States is the only country in the group that does not require employers to provide paid vacation time, we also note that several foreign countries offer additional time off for younger and older workers, shift workers, and those engaged in community service including jury duty. Five countries even mandate that employers pay vacationing workers a small premium above their standard pay in order to help with vacation-related expenses. Most other rich countries have also established legal rights to paid holidays over and above paid vacation days. We distinguish throughout the report between paid vacation ― or paid annual leave, terms we use interchangeably ― and paid holidays, which are organized around particular fixed dates in the calendar. Our analysis does not cover paid leave for other reasons such as sick leave, parental leave, or leave to care for sick relatives.

Donor, Dad, or…? Young Adults with Lesbian Parents’ Experiences with Known Donors

May 22, 2013 Comments off

Donor, Dad, or…? Young Adults with Lesbian Parents’ Experiences with Known Donors

Source: Williams Institute

Research suggests that children of lesbian parents are satisfied with their current level of contact with their male donors and do not think of their donors as dads. The study sheds light on how children raised in lesbian, gay, and bisexual families are contributing to the redefinition and reconstruction of complex kinship arrangements. Participants in the study perceived their relationships with their male donors in one of three ways: as strictly donors and not members of their family; as extended family members, but not as parents; and as fathers. Participants ranged in age from 19-29, and while most were satisfied with the current level of contact with their male donors, several desired more information or contact with these men, and in some of these cases, had already begun to establish a connection with them.

Metro Areas with Highest Percentages of Same-Sex Couples Raising Children Are in States with Constitutional Bans on Marriage

May 22, 2013 Comments off

Metro Areas with Highest Percentages of Same-Sex Couples Raising Children Are in States with Constitutional Bans on Marriage

Source: Williams Institute

The metro areas with the highest percentages of same-sex couples raising children are in states that have a constitutional ban on marriage, according to a new infographic created by the Williams Institute.

“Research consistently shows that same-sex couples raise children all across the country,” said Williams Institute public policy research fellow, Angeliki Kastanis. “This analysis underscores the fact that recognition of LGBT families is a consequential policy question in every state.”

Mississippi has the highest percentage of same-sex couples raising children at 26 percent.

Tech-Savvy Gen Yers Still Flock to Stores, Challenging Retailers to Keep Up with the Quickly Changing Preferences of these Young Consumers, Says New ULI Report

May 22, 2013 Comments off

Tech-Savvy Gen Yers Still Flock to Stores, Challenging Retailers to Keep Up with the Quickly Changing Preferences of these Young Consumers, Says New ULI Report

Source: Urban Land Institute

Despite being far more tech-savvy than previous generations, Generation Y, the 80-million strong cohort of Americans between the ages of 18 and 35, has not forsaken shopping in stores for online purchasing – as long as retailers keep their offerings “fresh” and interesting, says a new report from the Urban Land Institute (ULI).

Generation Y: Shopping and Entertainment in the Digital Age, authored by ULI Trustee M. Leanne Lachman, president of real estate consulting firm Lachman Associates LLC; and Deborah L. Brett, founder of Deborah L. Brett & Associates, was released during ULI’s Spring Meeting this week in San Diego. It is based on an online survey of 1,251 Gen Yers conducted by ULI and Lachman Associates, a focus group conducted at Columbia University’s Graduate School of Business, and a literature search.

The report explores the shopping preferences of Gen Yers, who associate shopping with socializing, and who place a high value on living close to retail (another ULI report released this week found that 62 percent of Gen Yers prefer developments offering a mix of shopping, dining and office space). It notes that while Gen Yers enjoy shopping and dining out, they tend to bore easily, compelling retailers to constantly update their merchandise and find new ways to engage these consumers.

The study found that 37 percent of Gen Yers love shopping and 48 percent enjoy it. Half of the men surveyed and 70 percent of the women consider shopping a form of entertainment and something to share with friends and family. The appeal of shopping is particularly strong among Gen Yers who are Hispanic and African American.

Gen Yers tend to spread their dollars around generously, the study found, with more than half visiting a variety of retail centers at least once a month, including discount department stores (the retail type most frequently visited by Gen Y), community shopping centers, enclosed malls, department stores, big-box power centers, chain apparel stores, and neighborhood business districts. At the same time, 91 percent of respondents said that they had made online purchases over the previous six months, with 45 percent spending more than an hour a day looking at retail-oriented websites.

Teens, Social Media, and Privacy

May 21, 2013 Comments off

Teens, Social Media, and Privacy

Source: Pew Internet & American Life Project

Teens are sharing more information about themselves on social media sites than they have in the past, but they are also taking a variety of technical and non-technical steps to manage the privacy of that information. Despite taking these privacy-protective actions, teen social media users do not express a high level of concern about third-parties (such as businesses or advertisers) accessing their data; just 9% say they are “very” concerned.

Retirement Security Across Generations: Are Americans Prepared for Their Golden Years?

May 20, 2013 Comments off

Retirement Security Across Generations: Are Americans Prepared for Their Golden Years?

Source: Pew Charitable Trusts

This report explores how the Great Recession affected the wealth and retirement security of baby boomers relative to younger and older age groups.

It also explores the retirement security of each group by calculating replacement rates, or the extent to which retirees can use their accumulated wealth and savings to replace preretirement income.

This research reveals that younger age groups face the greatest prospect of downward mobility in their golden years.

The Religious Affiliation of U.S. Immigrants: Majority Christian, Rising Share of Other Faiths

May 20, 2013 Comments off

The Religious Affiliation of U.S. Immigrants: Majority Christian, Rising Share of Other Faiths
Source: Pew Forum on Religion & Public Life

Over the past 20 years, the United States has granted permanent residency status to an average of about 1 million immigrants each year. These new “green card” recipients qualify for residency in a wide variety of ways – as family members of current U.S. residents, recipients of employment visas, refugees and asylum seekers, or winners of a visa lottery – and they include people from nearly every country in the world. But their geographic origins gradually have been shifting. U.S. government statistics show that a smaller percentage come from Europe and the Americas than did so 20 years ago, and a growing share now come from Asia, sub-Saharan Africa and the Middle East-North Africa region.

With this geographic shift, it is likely that the religious makeup of legal immigrants also has been changing. The U.S. government, however, does not keep track of the religion of new permanent residents. As a result, the figures on religious affiliation in this report are estimates produced by combining government statistics on the birthplaces of new green card recipients over the period between 1992 and 2012 with the best available U.S. survey data on the religious self-identification of new immigrants from each major country of origin.

While Christians continue to make up a majority of legal immigrants to the U.S., the estimated share of new legal permanent residents who are Christian declined from 68% in 1992 to 61% in 2012. Over the same period, the estimated share of green card recipients who belong to religious minorities rose from approximately one-in-five (19%) to one-in-four (25%). This includes growing shares of Muslims (5% in 1992, 10% in 2012) and Hindus (3% in 1992, 7% in 2012). The share of Buddhists, however, is slightly smaller (7% in 1992, 6% in 2012), while the portion of legal immigrants who are religiously unaffiliated (atheist, agnostic or nothing in particular) has remained relatively stable, at about 14% per year.

Unauthorized immigrants, by contrast, come primarily from Latin America and the Caribbean, and the overwhelming majority of them – an estimated 83% – are Christian. That share is slightly higher than the percentage of Christians in the U.S. population as a whole (estimated at just under 80% of U.S. residents of all ages, as of 2010).

These are among the key findings of a new study by the Pew Research Center’s Forum on Religion & Public Life examining recent trends in the geographic origins and religious affiliation of immigrants to the United States.

Informal Kinship Care Most Common Out-of- Home Placement After an Investigation of Child Maltreatment

May 16, 2013 Comments off

Informal Kinship Care Most Common Out-of- Home Placement After an Investigation of Child Maltreatment (PDF)
Source: Carsey Institute

Key Findings

Informal kinship placement settings, where a parent voluntarily places a child with a family member, were the most common out-of-home placement in both rural and urban areas. Informal placements involve children who are in physical custody of a relative but may remain in legal custody of a parent.

Children aged 3 to 5 with a child maltreatment report in rural areas and those in very poor rural households (incomes less than 50 percent of fed – eral poverty level) were more likely to be in informal kinship settings than similar children in urban areas.

Who’s Winning the Clean Energy Race? 2012 Edition

May 16, 2013 Comments off

Who’s Winning the Clean Energy Race? 2012 Edition
Source: Pew Charitable Trusts

In less than a decade, clean energy transitioned from novelty products to the mainstream of world energy markets. The sector emerged not so much in a linear fashion as episodic—in fits and starts associated with the worldwide economic downturn, continent-wide debt crises, national policy uncertainty, and intense industry competition. Through it all, however, the clean energy sector moved inexorably forward, with overall investment in 2012 five times greater than it was in 2004.

This report examines key financial, investment and technological trends related to clean energy in the Group of Twenty (G-20), the world’s leading economies. It documents the continued growth and dynamism of clean energy investment in these economies. Countries that succeed in attracting investment can realize the economic, security and environmental benefits of the global race to harness clean, renewable energy sources.

Who’s Winning the Clean Energy Race?Who’s Winning the Clean Energy Race: 2012 Edition documents how the old order is changing technologically and geographically. Clean energy is gaining ground in the global energy mix. Even as several pioneering countries have stumbled, new markets have opened, and the center of gravity for clean energy investment has shifted from West to East.

Cascade: Crowdsourcing Taxonomy Creation

May 15, 2013 Comments off

Cascade: Crowdsourcing Taxonomy Creation

Source: Microsoft Research

Taxonomies are a useful and ubiquitous way of organizing information. However, creating organizational hierarchies is difficult because the process requires a global understanding of the objects to be categorized. Usually one is created by an individual or a small group of people working together for hours or even days. Unfortunately, this centralized approach does not work well for the large, quickly-changing datasets found on the web. Cascade is an automated workflow that creates a taxonomy from the collective efforts of crowd workers who spend as little as 20 seconds each. We evaluate Cascade and show that on three datasets its quality is 80-90% of that of experts. The cost of Cascade is competitive with expert information architects, despite taking six times more human labor. Fortunately, this labor can be parallelized such that Cascade will run in as fast as five minutes instead of hours or days.

The great reversal in the demand for skill and cognitive tasks

May 15, 2013 Comments off

The great reversal in the demand for skill and cognitive tasks (PDF)

Source: National Bureau of Economic Research

What explains the current low rate of employment in the US? While there has substantial debate over this question in recent years, we believe that considerable added insight can be derived by focusing on changes in the labour market at the turn of the century. In particular, we argue that in about the year 2000, the demand for skill (or, more specifically, for cognitive tasks often associated with high educational skill) underwent a reversal. Many re- searchers have documented a strong, ongoing increase in the demand for skills in the decades leading up to 2000. In this paper, we document a decline in that demand in the years since 2000, even as the supply of high education workers continues to grow. We go on to show that, in response to this demand reversal, high-skilled workers have moved down the occupational ladder and have begun to perform jobs traditionally performed by lower-skilled workers. This de-skilling process, in turn, results in high-skilled workers pushing low- skilled workers even further down the occupational ladder and, to some degree, out of the labor force all together. In order to understand these patterns, we offer a simple extension to the standard skill biased technical change model that views cognitive tasks as a stock rather than a ow. We show how such a model can explain the trends in the data that we present, and o ers a novel interpretation of the current employment situation in the US.

See; Freakonomics: It’s Crowded at the Top: A New Marketplace Podcast

Enhancing Personalized Search by Mining and Modeling Task Behavior

May 14, 2013 Comments off

Enhancing Personalized Search by Mining and Modeling Task Behavior

Source: Microsoft Research

Personalized search systems tailor search results to the current user intent using historic search interactions. This relies on being able to find pertinent information in the user’s search history, which can be challenging for unseen queries and for new search scenarios. Building richer models of users’ current and historic search tasks can help improve the likelihood of finding relevant content and enhance the relevance and coverage of personalization methods. The task-based approach can be applied to the current user’s search history, or as we focus on here, all users’ search histories as so-called “groupization” (a variant of personalization whereby other users’ profiles can be used to personalize the search experience). We describe a method whereby we mine historic search-engine logs to find other users performing similar tasks to the current user and leverage their on-task behavior to identify Web pages to promote in the current ranking. We investigate the effectiveness of this approach versus query-based matching and finding related historic activity from the current user (i.e., group vs. individual). As part of our studies we also explore the use of the on-task behavior of particular user cohorts, such as people who are more expert in the current topic, rather than all users, with potentially-promising results. Our findings have direct implications for improving personalization in Web search engines.

Public Sector Workers and Job Security

May 14, 2013 Comments off

Public Sector Workers and Job Security

Source: Center for Retirement Research at Boston College

The brief’s key findings are:

  • State and local government employment dropped sharply during the Great Recession, unlike in previous recessions, and continues to decline even today.
  • But this decline in public sector employment was less severe than that experienced by the private sector.
  • Being a state/local worker reduced the probability of job loss by 2 percentage points, after controlling for education and other characteristics.
  • While this relative job security is an attractive aspect of state/local employment, it is not enough to tip the balance of total compensation in favor of public workers.

The New Sick Man of Europe: the European Union

May 14, 2013 Comments off

The New Sick Man of Europe: the European Union

Source: Pew Global Attitudes Project

The European Union is the new sick man of Europe. The effort over the past half century to create a more united Europe is now the principal casualty of the euro crisis. The European project now stands in disrepute across much of Europe.

Support for European economic integration – the 1957 raison d’etre for creating the European Economic Community, the European Union’s predecessor – is down over last year in five of the eight European Union countries surveyed by the Pew Research Center in 2013. Positive views of the European Union are at or near their low point in most EU nations, even among the young, the hope for the EU’s future. The favorability of the EU has fallen from a median of 60% in 2012 to 45% in 2013. And only in Germany does at least half the public back giving more power to Brussels to deal with the current economic crisis.

The sick man label – attributed originally to Russian Czar Nicholas I in his description of the Ottoman Empire in the mid-19th century – has more recently been applied at different times over the past decade and a half to Germany, Italy, Portugal, Greece and France. But this fascination with the crisis country of the moment has masked a broader phenomenon: the erosion of Europeans’ faith in the animating principles that have driven so much of what they have accomplished internally.

The prolonged economic crisis has created centrifugal forces that are pulling European public opinion apart, separating the French from the Germans and the Germans from everyone else. The southern nations of Spain, Italy and Greece are becoming ever more estranged as evidenced by their frustration with Brussels, Berlin and the perceived unfairness of the economic system.

These negative sentiments are driven, in part, by the public’s generally glum mood about economic conditions and could well turn around if the European economy picks up. But Europe’s economic fortunes have worsened in the past year, and prospects for a rapid turnaround remain elusive. The International Monetary Fund expects the European Union economy to not grow at all in 2013 and to still be performing below its pre-crisis average in 2018. Nevertheless, despite the vocal political debate about austerity, a clear majority in five of eight countries surveyed still think the best way to solve their country’s economic problems is to cut government spending, not spend more money.

These are among the key findings of a new study by the Pew Research Center conducted in eight European Union nations among 7,646 respondents from March 2 to March 27, 2013.

Migration and Environmental Change: Assessing the Developing European Approach

May 14, 2013 Comments off

Migration and Environmental Change: Assessing the Developing European Approach (PDF)

Source: Migration Policy Institute

Migration resulting from environmental change has been a topic of preoccupation since the 1990s, but in practice there has been very little policy development within the European Union on this topic. This brief finds that while such migration is likely to be largely concentrated in areas outside of Europe, there are far-reaching implications for policy.

Cost Analysis of Public and Contractor-Operated Prisons

May 14, 2013 Comments off

Cost Analysis of Public and Contractor-Operated Prisons (PDF)

Source: Center for Competitive Government (Temple University)

From press release (EurekAlert!):

As states continue to grapple with aging correctional facilities, overcrowding, underfunded retiree obligations and other constraints, new research from Temple University’s Center for Competitive Government finds that privately operated prisons can substantially cut costs – from 12 percent to 58 percent in long-term savings – while performing at equal or better levels than government-run prisons.

Temple economics Professors Simon Hakim and Erwin A. Blackstone analyzed government data from nine states that generally have higher numbers of privately held prisoners (Arizona, California, Florida, Kentucky, Mississippi, Ohio, Oklahoma, Tennessee and Texas), and Maine, which does not contract its corrections services. The professors calculated both short- and long-run savings per state, finding that contracted prisons generate significant savings without sacrificing quality.

"Contracts between private-prison operators and state governments can be very precise in terms of the outcomes the state expects," said Hakim, director of Temple’s Center for Competitive Government, which is affiliated with the Fox School of Business. "And contractors have an incentive to overshoot the performance metrics established by the state – lest they lose out to a higher-performing company on the next contract bid."

The study uses economic models to determine each state’s avoidable costs, which are compared to the contracted per diem rates charged by the private operators. The study also takes into account underfunded pensions and retiree healthcare costs – a critical issue, with the Pew Center on the States reporting in 2010 of a $1.38 trillion gap between states’ assets and their pension and healthcare retiree obligations.

In California, for example, the researchers estimated that contracted prison facilities save between 32 percent and 58 percent. In Maine, estimated savings in the short run (including operational costs, such as personnel and medical and food services) is 47 percent while long-run savings (which combine short-run costs with capital expenditures, such as facility modernization and financing) is estimated at 49 percent. Researchers said Maine’s substantial estimated savings could be attributed to that state’s lack of private-public competition and its small prisons that cannot exploit economies of scale.

State and Local Sales Tax Rates in 2013

May 13, 2013 Comments off

State and Local Sales Tax Rates in 2013

Source: Tax Foundation

Retail sales taxes are one of the more transparent ways to collect tax revenue. While graduated income tax rates and brackets are complex and confusing to many taxpayers, the sales tax is easier to understand: people can reach into their pocket and see the rate printed on a receipt.

Less known, however, are the local sales taxes collected in 37 states. These rates can be substantial, so a state with a moderate statewide sales tax rate could actually have a very high combined state-local rate compared to other states. This report provides a population-weighted average of local sales taxes in each state in an attempt to give a sense of the statutory local rate for each state. See Table 1 at the end of this Fiscal Fact for the full state-by-state listing of state and local sales tax rates.

Public Support for Marriage for Same-sex Couples by State

May 9, 2013 Comments off

Public Support for Marriage for Same-sex Couples by State
Source: Williams Institute on Sexual Orientation Law (UCLA)

By the end of 2012, 12 states and the District of Columbia had support for same-sex marriage at or above 50%. Of these 12 states, all currently perform marriages, civil unions, or domestic partnerships for same-sex couples. Thirteen additional states presently are within 5 percentage points of majority support. In the last eight years, every state has increased in its support for marriage for same-sex couples with an average increase of 13.6%. If present public opinion trends continue, another 8 states will be above 50% support by the end of 2014.

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