Current Social Science Research Report--Economics #31, September 18, 2007.

CSSRR-Economics is a weekly email report produced by the Data and Information Services Center at the University of Wisconsin-Madison. It seeks to help social science researchers keep up to date with the latest developments in the field. This report will contain selected listings of new: reports, articles, bibliographies, working papers, tables of contents, conferences, data, and websites. For more information, including an archive of back issues and subscription information see:

http://www.disc.wisc.edu/reports/cssrindex.html

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CSSRR-Economics is compiled and edited by Jack Solock and Charlie Fiss.

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To CSSRR-Soc #31

To CSSRR-Health #31

CSSRR-Index

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Index to this issue:

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CENTRAL GOVERNMENT AND NGO STATISTICAL PUBLICATIONS

US

US STATES

NGO AND OTHER COUNTRIES

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OTHER REPORTS, ARTICLES, ETC.

WORKING PAPERS

TABLES OF CONTENTS

EMPLOYMENT OPPORTUNITIES

LEGISLATION INFORMATION UPDATES

DATA

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CENTRAL GOVERNMENT STATISTICAL AND NGO PUBLICATIONS

US

1. National Oceanic and Atmospheric Administration Fisheries Service Report: "Fisheries of the United States - 2006" (July 2007, .pdf format, 104p.).

http://www.st.nmfs.gov/st1/fus/fus06/

2. Government Accountability Office Report: "Securities and Exchange Commission: Steps Being Taken to Make Examination Program More Risk-Based and Transparent" (GAO-07-1053, August 2007, .pdf format, 38p.).

http://www.gao.gov/cgi-bin/getrpt?GAO-07-1053

Note: this is a temporary address. GAO reports are available at:

http://www.gao.gov/docsearch/date.php

3. US Government Economic Releases from the National Bureau of Economic Research: Links to releases for Sep. 11-18, 2007 are available at the site.

http://www.nber.org/releases/

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US States:

Idaho:

Department of Labor Newsletter: Idaho Employment Newsletter (September 2007, containing July 2007 data, .pdf format, 35p.).

http://labor.idaho.gov/dnn/Default.aspx?tabid=1188

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NGOs and Other Countries:

World Federation of United Nations Associations Monograph: 2007 State of the Future, by Jerome C. Glenn and Theodore J. Gordon (2007, ISBN: 0-9722051-6-0). For more information, including ordering information see:

http://www.millennium-project.org/millennium/sof2007.html

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European Commission:

Eurostat Report: "Comparative EU Statistics on Income and Living Conditions: Issues and Challenges: Proceedings of the EU-SILC (Statistics on Income and Living Conditions) conference (Helsinki, 6-8 November 2006)" (September 2007, .pdf format, 378p.).

http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1073,46587259&_dad=portal&_schema=PORTAL&p_product_code=KS-RA-07-007

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International Monetary Fund Country Papers:

The latest Country Reports span the time period from Sep. 12-Sep. 13, 2007 (No. 07/314-07/319).

http://www.imf.org/external/pubs/cat/scr1_sp.cfm?s_year=2007&e_year=2007&brtype=default

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Canada:

Statistics Canada/Statistique Canada, Various:

A. "Female Employment in the Core (Federal) Public Administration," by Katarzyna Naczk (Analysis in Brief Occasional Paper 61, September 2007, HTML and .pdf format, 11p.).

http://www.statcan.ca/english/research/11-621-MIE/11-621-MIE2007061.htm

B. "Heavy Fuel Oil Consumption in Canada," by Anthony Caouette and Paul McPhie (Analysis in Brief Occasional Paper 62, September 2007, HTML and .pdf format, 13p.).

http://www.statcan.ca/english/research/11-621-MIE/11-621-MIE2007062.htm

C. "The Canadian Immigrant Labour Market in 2006: First Results from Canada's Labour Force Survey," by Danielle Zietsma (The Immigrant Labour Force Analysis No. 1, September 2007, .pdf format, 26p.).

http://www.statcan.ca/english/freepub/71-606-XIE/2007001/def-en.htm

Click on "PDF version" on the left side of the page for link to full text.

D. "Government Revenue Attributable to Tourism, 2000 to 2006," by Berouk Terefe (Income and Expenditure Accounts Technical Series No. 57, September 2007, .pdf format, 65p.).

http://www.statcan.ca/english/research/13-604-MIE/13-604-MIE2007057.htm

E. "Towards a Geography of Culture: Culture Occupations Across the Canadian Urban-Rural Divide: 2001," by Michael Schimpf and Paul Sereda (Culture, Tourism and the Centre for Education Statistics Research Paper No. 53, September 2007, .pdf format, 33p.).

http://www.statcan.ca/english/research/81-595-MIE/81-595-MIE2007053.htm

F. Canadian Economic Observer (September 2007, .pdf format, 22p.). This month's feature article is "From roads to rinks: Government Spending on Infrastructure in Canada, 1961 to 2005," by Francine Roy.

http://www.statcan.ca/english/ads/11-010-XPB/features.htm

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Cyprus:

Statistical Service Compendium: News Release:

A. National Accounts: 1995-2004 (September 2007, .pdf format, 166p.).

http://www.mof.gov.cy/mof/cystat/statistics.nsf/publications_en/publications_en?OpenForm&OpenView&RestrictToCategory=111&SrcTp=1&Category=1&Subject=1&SubSubject=1&subsubtext=1&

Link to full text is at the bottom of the page.

B. "Latest Figures: Information Society, 2006" (Sep. 11, 2007). The news release links to a topical table (Microsoft Excel format).

http://www.mof.gov.cy/mof/cystat/statistics.nsf/All/50A0C859339A8CC1C225734F00300532?OpenDocument&sub=3&e=

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Estonia:

Statistics Estonia News Release: "The share of non-observed economy is decreasing" (Sep. 11, 2007).

http://www.stat.ee/188934

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Iceland:

Statistics Iceland News Release: "Gross Domestic Product 2006 - Preliminary figures" (No. 104/2007, Sep. 12, 2007).

http://www.statice.is/Pages/444?NewsID=2409

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Ireland:

Central Statistics Office Report: "Farm Structure Survey 2003 and 2005" (September 2007, .pdf format, 155p.).

http://www.cso.ie/newsevents/pr_farmstructuresurvey20032005.htm

Link to full text is at the bottom of the page, next to "Internet".

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Norway:

Statistics Norway News Releases:

A. "Survey of Consumer Expenditure 2004-2006: Housing, transport and recreation are most expensive" (Sep. 10, 2007). The news release links to seven topical tables.

http://www.ssb.no/english/subjects/05/02/fbu_en/

B. "Foreign direct investment in Norway, stock data, 1998-2005: Foreign Direct Investment in Norway went up" (Sep. 13, 2007). The news release links to three topical tables.

http://www.ssb.no/english/subjects/09/04/udin_en/

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Poland:

Central Statistical Office Periodical: Information on socio-economic situation of voivodships (No. 2, 2007, August 2007, .pdf format, 95p.). Most of the narrative is in Polish, table heads are in Polish and English.

http://www.stat.gov.pl/gus/45_742_ENG_HTML.htm

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Slovenia:

State Statistical Office News Releases:

A. "Gross domestic product, main aggregates of national accounts and employment, Slovenia, 2000-2006," by Andrej Flajs (Sep. 10, 2007).

http://www.stat.si/eng/novica_prikazi.aspx?id=1105

B. "Structure of agricultural holdings, detailed data, Slovenia, 2003 and 2005, regional data" (Sep. 13, 2007).

http://www.stat.si/eng/novica_prikazi.aspx?id=1116

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UK:

1. Department of Work and Pensions First Release: "Income Related Benefits Estimates of Take-Up in 2005-06" (September 2007, .pdf format, 9p.).

http://www.dwp.gov.uk/asd/income_analysis/sept_2007/0506_NSPR.pdf

2. National Statistics Office Periodical: Financial Statistics, edited by Natu Somabhai Patel (No. 545, September 2007, .pdf format, 287p.).

http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=376

3. HM Treasury Report: "Economic aspects of peace in the Middle East," by Ed Ball and Jon Cunliffe (September 2007, .pdf format, 50p.).

http://www.hm-treasury.gov.uk/documents/international_issues/global_challenges/int_middle_east.cfm

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OTHER REPORTS, ARTICLES, ETC.

Urban Institute Reports:

A. "Low-Income Workers and Their Employers: Characteristics and Challenges," by Gregory Acs and Austin Nichols (September 2007, .pdf format, 14p.).

http://www.urban.org/url.cfm?ID=411532

B. "Place Matters: Employers, Low-Income Workers, and Regional Economic Development," by Nancy M. Pindus, Brett Theodos, and G. Thomas Kingsley (September 2007, .pdf format, 15p.).

http://www.urban.org/url.cfm?ID=411534

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WORKING PAPERS:

Federal Reserve Banks:

Federal Reserve Bank of Kansas City [Missouri]: "The Potential Role of Subordinated Debt Programs In Enhancing Market Discipline in Banking," by Douglas Evanoff, Julapa Jagtiani, and Taisuke Nakata (RWP 07-07, September 2007, .pdf format, 44p.). Links to an abstract and full text are available at:

http://www.kc.frb.org/publicat/reswkpap/RWP07-07.htm

Federal Reserve Bank of Philadelphia [Pennsylvania]:

A. "Business Method Patents for U.S. Financial Services," by Robert M. Hunt (Working Paper No. 07-21, September 2007, .pdf format, 31p.).

Abstract:

Nearly a decade after the Federal Circuit decision in State Street, patents on computer-implemented methods of doing business have become commonplace. To date, there is little evidence of any effect on the rate of innovation or R&D among firms in financial services. Indeed, measuring such effects presents difficult problems for researchers. We do know that some of these patents are successfully licensed and others are the subject of ongoing litigation. Looking ahead, a number of recent Supreme Court decisions are likely to have a significant effect on how business method patents are enforced. Congress is also considering significant reforms to U.S. patent law.

http://www.philadelphiafed.org/files/wps/2007/wp07-21.pdf

B. "Intellectual Property Rights and Standard Setting in Financial Services: The Case of the Single European Payments Area," by Robert M. Hunt, Samuli Simojoki, and Tuomas Takalo (Working Paper No. 07-20, August 2007, .pdf format, 43p.).

For many reasons, payment systems are subject to strong network effects; one of those is the necessity of interoperability among participants. This is often accomplished via standard-setting organizations. The goal of the Single European Payments Area (SEPA) is to establish modern cross-boarder consumer payment systems for Europe. This too will require a standard-setting arrangement. But patents are also becoming an important feature of electronic payment systems and thus standard setting under SEPA should incorporate a policy to address the ownership and licensing of essential intellectual property. Using examples from the experience of European mobile telephony and financial patenting in the United States, the authors argue that the lack of a well-developed IP policy creates significant risks for participants in the new SEPA payment systems.

http://www.philadelphiafed.org/files/wps/2007/wp07-20.pdf

Federal Reserve Bank of St. Louis [Missouri]:

A. "The Unusual Behavior of the Federal Funds and 10-Year Treasury Rates: A Conundrum or Goodhart’s Law?" by Daniel L. Thornton (Working Paper 2007-039A, September 2007, .pdf format, 44p.). Links to an abstract and full text are available at:

http://research.stlouisfed.org/wp/more/2007-039/

B. "Mortgage Contracts and Housing Tenure Decisions," by Matthew Chambers, Carlos Garriga, and Don Schlagenhauf (Working Paper 2007-040A, September 2007, .pdf format, 40p.). Links to an abstract and full text are available at:

http://research.stlouisfed.org/wp/more/2007-040/

C. "Optimal Response to a Transitory Demographic Shock in Social Security Financing," by Juan Carlos Conesa and Carlos Garriga (Working Paper 2007-041A, September 2007, .pdf format, 35p.). Links to an abstract and full text are available at:

http://research.stlouisfed.org/wp/more/2007-041/

Federal Reserve Bank of San Francisco [California]: "The Affine Arbitrage-Free Class of Nelson-Siegel Term Structure Models," by Jens H.E. Christensen, Francis X. Diebold, and Glenn D. Rudebusch (Working Paper No. 2007-20, September 2007, .pdf format, 36p.).

Abstract:

We derive the class of arbitrage-free affine dynamic term structure models that approximate the widely-used Nelson-Siegel yield-curve specification. Our theoretical analysis relates this new class of models to the canonical representation of the three-factor arbitrage-free affine model. Our empirical analysis shows that imposing the Nelson-Siegel structure on this canonical representation greatly improves its empirical tractability; furthermore, we find that improvements in predictive performance are achieved from the imposition of absence of arbitrage.

http://www.frbsf.org/publications/economics/papers/2007/wp07-20bk.pdf

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John F. Kennedy School of Government [Harvard University]: "How to Save Globalization from its Cheerleaders," by Dani Rodrik (RWP07-038, September 2007, .pdf format, 33p.). Links to the abstract and full-text can be found at:

http://ksgnotes1.harvard.edu/research/wpaper.nsf/rwp/RWP07-038

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National Bureau of Economic Research: NBER has released the following working papers for the week of Aug. 27- Sep. 3, 2007:

http://www.nber.org/new.html#latest

Latest papers are: 13385-13421

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International Monetary Fund: IMF has recently added new working papers. The papers are Nos. 215-221.

http://www.imf.org/external/pubs/cat/wp1_sp.cfm?s_year=2007&e_year=2007&brtype=default

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World Bank Development Programme: WDP has recently released several new working papers. See the list at:

http://econ.worldbank.org/resource.php?type=5

New Papers are: 4350-4355

and click on "More" for the rest.

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Asian Development Bank: "Benchmarking Developing Asia's Manufacturing Sector," by Jesus Felipe and Gemma Estrada (ERD Working Paper No. 101, September 2007, .pdf format, 39p.).

Abstract:

This paper documents the transformation of developing Asia’s manufacturing sector during the last three decades and benchmarks its share in GDP with respect to the international regression line by estimating a logistic regression.

http://www.adb.org/Documents/ERD/Working_Papers/WP101.pdf

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Institute for Fiscal Studies [London, UK]: "An empirical investigation of labor income processes," by Fatih Guvenen (IFS Working Papers, W13/07, August 2007, .pdf format, 35p.). Links to the abstract and full-text can be found at:

http://www.ifs.org.uk/publications.php?publication_id=4023

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Institute for the Study of Labor (IZA) [University of Bonn, Germany]: IZA has recently released several new working papers.

http://www.iza.org/index_html?lang=en&mainframe=http%3A//www.iza.org/en/webcontent/publications/papers/index_html%3Fyear%3D2007&topSelect=publications&subSelect=papers

The new working papers are: 3036-3055

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New Economic Papers (NEP)-ALL. The latest list of New Economic Papers (Sep. 9, 2007) is available at:

http://ideas.repec.org/n/nep-all/

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AgEcon Search: This week's new working papers from AgEcon Search at the University of Minnesota are available at:

http://agecon.lib.umn.edu/cgi-bin/new.pl

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JOURNAL TABLES OF CONTENTS (check your library for availability):

American Economic Review (Vol. 97, No. 4, September 2007). Note: Full electronic text of this journal is available in the ProQuest Research Library and the EBSCO Host Academic Search Elite Database. Check your library for the availability of these databases and issue.

http://www.aeaweb.org/articles/issue_detail.php?journal=AER&volume=97&issue=4&issue_date=September%202007

Economic Modelling (Vol. 24, No. 6, November 2007).

http://www.sciencedirect.com/science/journal/02649993

Economics Letters (Vol. 97, No. 2, November 2007).

http://www.sciencedirect.com/science/journal/01651765

Journal of the American Statistical Association (Vol. 102, No. 479, September 2007). Note: Full electronic text of this journal is available in the ProQuest Research Library. Check your library for the availability of this database and this issue.

http://miranda.asa.catchword.org/vl=4690942/cl=26/nw=1/rpsv/cw/vhosts/asa/01621459/v102n479/contp1-1.htm

Journal of Economic Dynamics and Control (Vol. 31, No. 11, November 2007).

http://www.sciencedirect.com/science/journal/01651889

Journal of Financial Economics (Vol. 86, No. 1, October 2007).

http://www.sciencedirect.com/science/journal/0304405X

Management Science (Vol. 53, No. 9, September 2007).

http://mansci.journal.informs.org/content/vol53/issue9/index.dtl

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EMPLOYMENT OPPORTUNITIES:

Federal Reserve Bank of St. Louis (Missouri): "Economic Data Analyst". For more information see:

https://careers.peopleclick.com/jobposts/Client40_FRBStLouis/BU1/External/255-930.htm?

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LEGISLATION INFORMATION UPDATES:

US House Ways and Means Committee Hearing Testimony: "Hearing on Fair and Equitable Tax Policy for America’s Working Families," a hearing held Sep. 6, 2007 (.pdf format).

http://waysandmeans.house.gov/hearings.asp?formmode=detail&hearing=584

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DATA:

US Department of Agriculture, Economic Research Service:

A. "Agricultural Outlook: Statistical Indicators." (September 2007, .zip compressed or uncompressed Microsoft Excel and .pdf format, 41p.). "The statistical indicators formerly provided in Agricultural Outlook magazine will continue to be updated regularly. These tables include data on individual commodities, the general economy, agricultural trade, farm income and expenses, farm prices, food prices and expenditures, and other statistical indicators of the food and agriculture system." Data are current to August 2007.

http://www.ers.usda.gov/Publications/AgOutlook/AOTables/

B. "Season-Average Price Forecasts." (September 2007, Microsoft Excel format). "Farmers and policymakers are interested in the level of counter-cyclical payments (CCPs) provided by the 2002 Farm Act to producers of selected commodities. CCPs are based on the season-average price received by farmers. This data product provides three Excel (*.xls) spreadsheet models that use futures prices to forecast the U.S. season-average price received and the implied CCP for three major field crops (corn, soybeans, and wheat). Users can view the model forecasts or create their own forecast by inserting different values for futures prices, basis values, or marketing weights. Example computations and data are provided."

http://www.ers.usda.gov/Data/PriceForecast/

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Statistics Canada/Statistique Canada: E-STAT Update: "The 2007 edition of E-STAT, Statistics Canada's interactive tool about society and the economy in Canada, features an improved interface based on student and teacher feedback. E-STAT lets you dynamically generate tables, graphs and thematic maps. This learning tool features censuses of the population and agriculture from 1665 to our most current 2006 data. CANSIM in E-STAT is a multidimensional database of Canadian social and economic information presented in approximately 2,700 tables and updated each July. The 2007 edition of E-STAT is available online to educational institutions only. For more information see:

http://estat.statcan.ca/

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UK National Statistics Office: "Labour Disputes: Public and Private Sector breakdown" (2007, HTML, comma separated value [.csv] and Navidata format). "Statistics on UK public and private sector breakdown of labour disputes covering: number of working days lost and number of stoppages. The statistics relate to both 'strikes' and 'lockouts'."

http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=14434

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Luxembourg Income Study: "Revision notes - Switzerland 2000/2002," (September 2007).

http://www.lisproject.org/techdoc/revisions.htm#rev36

Data Access:

http://www.lisproject.org/dataccess.htm

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