Всего публикаций в данном разделе: 15911
Американская федерация труда - Конгресс промышленных организаций (The American Federation of Labor - Congress of Industrial Organizations, AFL-CIO) [интернет ресурс]
Американская федерация труда - Конгресс промышленных организаций (The American Federation of Labor-Congress of Industrial Organizations (AFL-CIO) объединяет более 65 отраслевых профсоюзов, членами которых являются более 13 млн. чел. Федерация призвана оказывать информационную и юридическую поддержку своим членам в ходе их трудовой и социально-экономической деятельности.
Опубликовано на портале: 12-12-2002Helyette Geman, Marc Yor, Dilip B. Madan Finance and Stochastics. 2002. Vol. 6. No. 1. P. 63-90.
Stochastic volatility and jumps are viewed as arising from Brownian subordination given here by an independent purely discontinuous process and we inquire into the relation between the realized variance or quadratic variation of the process and the time change. The class of models considered encompasses a wide range of models employed in practical financial modeling. It is shown that in general the time change cannot be recovered from the composite process and we obtain its conditional distribution in a variety of cases. The implications of our results for working with stochastic volatility models in general is also described. We solve the recovery problem, i.e. the identification the conditional law for a variety of cases, the simplest solution being for the gamma time change when this conditional law is that of the first hitting time process of Brownian motion with drift attaining the level of the variation of the time changed process. We also introduce and solve in certain cases the problem of stochastic scaling. A stochastic scalar is a subordinator that recovers the law of a given subordinator when evaluated at an independent and time scaled copy of the given subordinator. These results are of importance in comparing price quality delivered by alternate exchanges.
Seminar in Corporate Finance [учебная программа]
Опубликовано на портале: 12-12-2002John S. Howe
FIN 403: Seminar in Corporate Finance + denotes a primary reading * denotes a reading that appears in The Modern Theory of Corporate Finance 1. Theory of investment and financing under certainty (Week of Aug. 30) +Fama, E.F. and M.H.
Corporate Governance in Russia [интернет ресурс]
This web site is the joint project of the Center for International Private Enterprise (CIPE) and the Investor Protection Association (IPA), implemented within the framework of the OECD/World Bank - Russian Corporate Governance Roundtable. Here
Опубликовано на портале: 12-12-2002Paul Schreyer Review of Income and Wealth. 2002. Vol. 48. No. 1. P. 15-32.
Methodologies to derive price indices for information and communication technology (ICT) products vary between national statistical offices. This may lead to significant differences in measured price changes for these products and there has been concern about the international comparability of volume growth rates of GDP between several OECD countries. This article discusses the possible consequences for measures of economic growth of replacing one set of price indices by another one in the framework of national accounts. It is argued that the issue of ICT deflators cannot be dealt with in isolation and several other factors have to be taken into account, in particular whether ICT products are final or intermediate products, whether they are imported or domestically produced and whether national accounts are set up with fixed or chain weighted index numbers. Overall, results point to modest effects at the aggregate GDP level but may be more significant when it comes to component measures such as volume growth of investment, or of output in particular industry.
Опубликовано на портале: 12-12-2002Esben Dalgaard, Christopher Eff, Annette Thomsen Review of Income and Wealth. 2001. Vol. 47. No. 2.
The paper raises three questions. Firstly, it is warranted that a significant part of primary (property) income is not shown in the national accounts as being distributed to the owners of the assets to which it accrues but ends up as capital gains in the revaluation account? Secondly, why has the SNA chosen not to record reinvested earnings of corporations as flows of property income with the exception of foreign direct investment, and thirdly why the asymmetrical recording of stock investments constituting more than 10 percent of equity capital depending on whether domestic or foreign transactions are concerned? Reinvested earnings on domestic equity investment above 10 percent of a corporation are not recorded as property income in the system. The paper looks at these three questions from the perspective of the analytical uses of national accounts. The consequences for the analysis of income distribution both between nations and within nations are examined.
How to compare apples and oragnes: Poverty measurement based on different definitions of consumption [статья]
Опубликовано на портале: 12-12-2002Jean Olson Lanjouw, Peter Lanjouw Review of Income and Wealth. 2001. Vol. 47. No. 2.
Poverty rates calculated on the basis of household consumption expenditures are routinely compared across countries and time. The surveys which underlie these comparisons typically differ in the types of food and non-food expenditures included, often in ways which are easily overlooked by analysts. With several examples we demonstrate that these commonly occurring variations in expenditures definitions can give rise to marked differences in poverty rates where there are no real differences in well-being. We show that one approach to calculating poverty lines, used with headcount measurement of poverty, can allow comparisons based on data with different definitions of consumption. In addition to allowing comparative poverty analysis using existing survey data, the results suggest that poverty monitoring could be done effectively at lower cost by alternating detailed expenditures surveys with far more abbreviated surveys.
Опубликовано на портале: 12-12-2002Branko Milanovic, Shlomo Yizhaki Review of Income and Wealth. 2002. Vol. 48. No. 2.
Using the national income/expenditure distribution data from 111 countries, we decompose total inequality between the individuals in the world, by continents and regions. We use Yitzhakis Gini decomposition which allows for an exact breakdown of the Gini. We find t hat Asia is the most heterogeneous continents; between-country inequality is much more important than inequality in incomes within countries. At the other extreme is Latin America where differences between the countries are small, but inequalities within the countries are large. Western Europe/North America is fairly homogeneous both in terms of countries mean incomes and income differences between individuals. If we divided the world population into three groups: The rich (those with incomes greater than Italys mean income), the poor (those with income less than Western countries poverty lie), and the middle class, we find that there are only 11 percent of people who are world middle class; 78 percent are poor, and 11 percent are rich.
Statistical disclosure control (SDC) in practice: some examples in official statistics of Statistics Netherlands [статья]
Опубликовано на портале: 12-12-2002Eric Schulte Nordholt Statistical Journal of the United Nations Economic Commission for Europe. 2001. Vol. Volume 18. Number 4. P. 321 - 328 .
The paper describes how two related software packages can be applied for producing safe data. The package - ARGUS is used for tabular data and its twin w-ARGUS for microdata. The main techniques used to protect sensitive information are global recoding and local suppression. Bona fide researchers who need more information have the possibility to visit Statistics Netherlands and work on-site in a secure area within Statistics Netherlands. Some examples are given of official statistics that have benefited from statistical disclosure control techniques.
Опубликовано на портале: 12-12-2002Harry X. Wu Review of Income and Wealth. 2001. Vol. 47. No. 2.
This study critically evaluates alternative estimates of China's GDP level and growth, as well as its PPP GDP conversions, and, based on this evaluation, it draws important implications for the understanding of China's economic performance in both historical and international perspectives. It finds that although almost all empirical results have supported the downward-bias hypothesis for China's GDP level and the upward-bias hypothesis for China's GDP growth, they vary greatly, and that PPP estimates for China are also diversified. These estimates, if accepted, may substantially alter the existing views on the Chinese economy, particularly, its size, TFP level and catch-up performance. The discusion docuses on the theories, methodologies and data used in these studies, and particularly, the possible biases in their results thereby. It argues, however, that despite differences in estimates, they could still provide sensible boundaries for researchers to gauge the "real" values and hence assess China's "real" living standard and growth performance.
Industrial and consumption waste. How to meet the indicator needs. Experiences from Finland [статья]
Опубликовано на портале: 12-12-2002Simo Vahvelainen Statistical Journal of the United Nations Economic Commission for Europe. 1970. Vol. Volume 19. Number 1. P. 65 - 78 .
Statistics Finland has compiled waste statistics since the mid-1980s. The data material included administrative registers, surveys and research results. Waste was initially classified according to a 'Finnish' classification based on composition of waste until the mid-1990s, and later according to the European Waste Catalogue (EWC). A Guide to Waste Classification was drafted to facilitate classification in 1999. The Standard Industrial Classification (NACE) has been employed as a background classification for waste statistics. Waste statistics have been and are being used especially for preparing the national waste strategy and the waste management guidelines, in the planning stage of waste treatment plants, for research, and as supplementary material for compilation of material flow accounting.
Опубликовано на портале: 12-12-2002John Greenlees Statistical Journal of the United Nations Economic Commission for Europe. 2000. Vol. 17. No. 1. P. 59-74.
This paper describes the major methods used by statistical agencies to adjust for differences in the quality of a good or service when one item replaces another in a sample used to construct a Consumer Price Index. The methods are categorized as either direct, including the production-cost and hedonic approaches, or indirect, such as linking or class-mean imputation. The paper also presents simplified example calculations showing how the methods are applied in practice.
Stata [компьютерная программа]
Опубликовано на портале: 11-12-2002
Stata is an environment for manipulating and analyzing data using statistical and graphical methods. Stata is an integrated package not a collection of separate modules. You can intersperse data management, statistical, and graphical commands. Stata, an integrated statistical package for Windows, Macintosh, and Unix, is designed for research professionals and is distributed in 124 countries.
International Journal of Forecasting [интернет ресурс]
The International Journal of Forecasting is the leading journal in its field. It is the official publication of the International Institute of Forecasters (IIF) and shares its aims and scope. More information about
Time Series [учебная программа]
Опубликовано на портале: 11-12-2002Guido M. Kuersteiner
The course is an introduction to univariate and multivariate time series models. It starts by introducing basic concepts and progresses to more complicated models. The course intends to meet two goals. It provides tools for empirical work with time series data and is an introduction into the theoretical foundation of time series models.
Опубликовано на портале: 10-12-2002Lars Behrenz Journal of Applied Economics. 2001. Vol. 4. No. 2. P. 255-278.
In the literature of labor economics we find many examples of studies analyzing job seekers search behavior, but few examples of the corresponding analysis of the recruitment behavior of employers. This paper gives a picture of the recruitment behavior of Swedish employers. The analysis is based on about 800 telephone interviews with employers regarding the last person they had hired. This paper relates the lemons problem in Akerlof with the Spence signaling model, and then it proceeds to relate indices and signals to the hiring behavior of employers. Employers mainly recruit personnel in order to expand a certain activity of their firm. On an average the total recruitment process takes about a month. In first round employers mainly look for job seekers with good education and experience. During the job interview the employer search for persons with professional knowledge, personal engagement and social competence
Опубликовано на портале: 10-12-2002Cara L. Brown Feminist Economics. 1998. Vol. 4. No. 2. P. 89-95(7) .
In attempting to ascertain various impacts on labor market outcomes using categories such as gender, race, ethnicity, and physical ability, a void exists with respect to sexual orientation. Whereas heterosexism and homophobia can explain some of the reasons for the void, the inability to collect data randomly about homosexuals' experiences in the labor market nullifies the basic tenet of all scientific research-random samples. A unique approach is presented which looks at income data for nonrelatives of the same sex, ages 45 to 64, living together in Canada, as a first attempt at comparing same-sex and opposite-sex genders, and is used to demonstrate the contribution of recognizing sexual orientation to economic questions. Other examples based on well-known debates about female labor participation and gender wage gaps are presented to evaluate the usefulness of studying economics recognizing sexual orientation. The need for such study is acknowledged as a measure of the inclusiveness of the economics discipline.
Опубликовано на портале: 10-12-2002John J. Piderit International Journal of Social Economics. 1998. Vol. 25. No. 1112. P. 1684-1698.
In his economic writings John Paul II asserts the importance of placing the human person at the center of deliberations concerning the economy. Neoclassical economists show that free trade enhances the efficiency of society. However, a byproduct of free trade is greater competition, as countries and firms adjust to the introduction of new products and processes of production, made possible through technological innovation. Neoclassical economists assume that workers will move to where new jobs develop. In many cases, however, this means that they impose burdens on their family and become more distant from friends. Each human person establishes bonds with other persons; through such family bonds of friendship a person becomes more human. This essay explores the tension between greater productive efficiency and a desire to maintain and enhance friendships. Never merely objective analysts, neoclassical economists have strong convictions concerning dynamic efficiency, while consumers have convictions about friendship. These two sets of convictions have to be reconciled. In order for policy makers to assess the true costs of free trade, mobility measures must be developed, and the neoclassical model must be modified to incorporate geographical stability as a significant factor for consumers.
Establishing the Priority of Labor [статья]
Опубликовано на портале: 10-12-2002G.Paul Peterson, James A. Buss International Journal of Social Economics. 1998. Vol. 25. No. 1112. P. 1699-1710(12) .
Pope John Paul II and the social teachings of the Catholic Church emphasize that labor should not be treated as an instrument in the production process. Rather justice requires that labor be given priority over capital. The reasons for this priority are explained. Several labor market conditions are examined to show that generally the priority of labor over capital does not exist. These conditions include unemployment, unjust wages, poverty, suppression of union activities, lack of participatory management, and discrimination against women and foreign workers. The works of Pope John Paul II are examined to discern the causes of these injustices and possible remedies for them. The roles played by the indirect employer, structures of evil, the ownership of economic resources, as well as the error of economism are considered.
Опубликовано на портале: 10-12-2002Bertil Holmlund Scandinavian Journal of Economics. 1998. Vol. 100. No. 1. P. 113-141.
A hallmark of modern labor economics is the close interplay between the development of theory, data sources and econometric testing. The evolution of the economic analysis of unemployment insurance provides a good illustration. New theoretical approaches, in particular job-search theory, have inspired a large amount of empirical research, some of it methodologically innovative and most of it highly relevant for economic policy. The paper presents a broad survey and an assessment of the economic analysis of unemployment insurance as it has evolved since the 1970s.