Current Social Science Research Report--Economics #8, March 27, 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 #8

To CSSRR-Health #8

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

FUNDING OPPORTUNITIES

DATA

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CENTRAL GOVERNMENT STATISTICAL AND NGO PUBLICATIONS

US

1. Department of Labor Women's Bureau Fact Sheets:

A. "20 Leading Occupations of Employed Women 2006 Annual Averages," (HTML and ASCII text format, March 2007).

http://www.dol.gov/wb/factsheets/20lead2006.htm

B. "Quick Facts on Nontraditional Occupations for Women," (March 2007).

http://www.dol.gov/wb/factsheets/nontra2006.htm

2. Federal Reserve Bank of St. Louis (Missouri) Periodical: Monetary Trends (April 2007, .pdf format, 20p.).

http://research.stlouisfed.org/publications/mt/past/2007/

3. Congressional Research Services Reports:

A. "Who Are the "Middle Class?" by Brian W. Cashell (RS22627, March 2007, .pdf format, 6p.)

http://opencrs.cdt.org/document/RS22627

B. "Subprime Mortgages: Primer on Current Lending and Foreclosure Issues," by Edward Vincent Murphy (RL33930, March 2007, .pdf format, 12p.)

http://opencrs.cdt.org/document/RL33930

4. US Government Economic Releases from the National Bureau of Economic Research: Links to releases for Mar. 21-27, 2007 are available at the site.

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

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US States:

Maine:

State Planning Office Report: "Maine Retail Sales: 2006 (March 2007, .pdf and Microsoft Excel format, 18p.).

http://www.maine.gov/spo/economics/economics/retailsales.php

Ohio:

Office of Workforce Development Reports:

A. "Nonagricultural Wage and Salary Employment, 2006" (March 2007, .pdf format, 19p.).

B. "Average Weekly Earnings of Production or Nonsupervisory Workers, 2006" (March 2007, .pdf format, 1p.).

C. "Average Weekly Hours of Production or Nonsupervisory Workers, 2006" (March 2007, .pdf format, 1p.).

D. "Average Hourly Earnings of Production or Nonsupervisory Workers, 2006" (March 2007, .pdf format, 1p.).

All four reports are available at:

http://lmi.state.oh.us/CES/LMR.htm

Scroll to "Annual Averages for Ohio & Metropolitan Areas based on the North American Industry Classification System"

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NGOs and Other Countries

European Commission:

Eurostat Compendium, Periodicals:

A. Science, technology and innovation in Europe (March 2007, .pdf format, 156p.).

http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1073,46587259&_dad=portal&_schema=PORTAL&p_product_code=KS-AE-07-001

B. Data in Focus (No. 2, 2007, March 2007, .pdf format, 8p.). The focus of this issue is: "Postal Services in Europe."

http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1073,46587259&_dad=portal&_schema=PORTAL&p_product_code=KS-QA-07-002

C. Statistics in Focus (No. 30/2007, March 2007, .pdf format, 8p.). The focus of this issue is "The entrepreneurial gap between men and women."

http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1073,46587259&_dad=portal&_schema=PORTAL&p_product_code=KS-SF-07-030

D. Euro-Indicators Newsletter: January 2007 (March 2007 .pdf format, 21p.)

http://epp.eurostat.ec.europa.eu/portal/page?_pageid=1073,46587259&_dad=portal&_schema=PORTAL&p_product_code=LN-012007

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International Monetary Fund Country Reports: The latest Country Reports span the time period from Mar. 13-20, 2007 (Nos. 07/111--07/131).

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 Report: "The Comparative Level of GDP per Capita in Canada and the United States: A Decomposition into Labour Productivity and Work Intensity Differences," by Jean-Pierre Maynard (March 2007, .pdf format, 54p.).

http://www.statcan.ca/bsolc/english/bsolc?catno=15-206-XWE2007008

Click on "View" and follow the links to full text.

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Hong Kong:

Census and Statistics Department News Releases:

A. "Constant Price Gross Domestic Product by Economic Activity for the fourth quarter of 2006 and the whole year of 2006" (Mar. 23, 2007, .pdf format, 6p.).

http://www.censtatd.gov.hk/press_release/press_releases_on_statistics/index.jsp?sID=1882&sSUBID=8579&displayMode=D

B. "Hong Kong's Balance of Payments Statistics for the Fourth Quarter of 2006 and the Whole Year of 2006" (.pdf format, 37p.).

http://www.censtatd.gov.hk/press_release/press_releases_on_statistics/index.jsp?sID=1883&sSUBID=8583&displayMode=D

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Israel:

Central Bureau of Statistics Report: "Household Expenditure Survey: 2005: General Summary" (March 2007, .pdf format, 134p., with ancillary information in Microsoft Word format, and tables in Microsoft Excel format).

http://www.cbs.gov.il/publications/expenditure_survey05/expenditure_survey_e.htm

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Netherlands:

Statistics Netherlands Web Magazine Articles:

A. "Unemployment down across all provinces," by Clemens Siermann (Mar. 20, 2007).

http://www.cbs.nl/en-GB/menu/themas/arbeid-sociale-zekerheid/publicaties/artikelen/archief/2007/2007-2156-wm.htm

B. "Strong increase in trade surplus," by Marjolijn Jaarsma (Mar. 20, 2007).

http://www.cbs.nl/en-GB/menu/themas/internationale-handel/publicaties/artikelen/archief/2007/2007-2153-wm.htm

C. "Business profitability highest since 2000" (Mar. 20, 2007).

http://www.cbs.nl/en-GB/menu/themas/bedrijven/publicaties/artikelen/archief/2007/2007-90008-wk.htm

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Pakistan:

Federal Bureau of Statistics Report: "Labour Force Survey 2005-06" (October 2006, .pdf format, 282p.).

http://www.statpak.gov.pk/depts/fbs/publications/lfs2005_06/lfs2005_06.html

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Poland:

Central Statistical Office Periodical: Statistical Bulletin (No. 2, 2007, March 2007, Microsoft Excel format).

http://www.stat.gov.pl/english/opracowania_zbiorcze/b-s/2007/02_07/index.htm

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Sweden:

Statistics Sweden News Release: "Increasing standards and greater differences in income" (Mar. 22, 2007).

http://www.scb.se/templates/pressinfo____196863.asp

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UK:

1. HM (Her Majesty's) Treasury Report: "Employment opportunity for all: tackling worklessness in London"(March 2007,. pdf format, 90p)

http://www.hm-treasury.gov.uk/budget/budget_07/documents/bud_bud07_london.cfm

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

2. National Statistics Office, Various:

A. "Estimated Effect of the March 2007 Budget on the Consumer Price Index (CPI) and Retail Price Index (RPI)," by Kevin Smith (March 2007, .pdf format, 4p.).

http://www.statistics.gov.uk/cci/article.asp?ID=1760&Pos=1&ColRank=1&Rank=1

B. "Gross domestic expenditure on research and development (GERD) - 2005" (NSO 1st Release, Mar. 23, 2007, .pdf format, 14p.).

http://www.statistics.gov.uk/pdfdir/gerd0307.pdf

C. "International Trade in Services: 2005" (March 2007, .pdf format, 12p.).

http://www.statistics.gov.uk/StatBase/Product.asp?vlnk=14407&Pos=&ColRank=1&Rank=422

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OTHER REPORTS, ARTICLES, ETC.

Council on Food, Agricultural, and Resource Economics Report: "Improving Information About America’s Farms & Ranches: A Review of the Census of Agriculture" (March 2007, .pdf format, 68p.).

http://cfare.org/publications/20070307cfare_census_review_Full_Report.pdf

More information on CFARE:

http://www.cfare.org/about.shtml

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Boston Review Article: "Inequality Matters: Why globalization doesn't lift all boats," by Nancy Birdsall (March/April 2007).

http://bostonreview.net/BR32.2/birdsall.html

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WORKING PAPERS:

Federal Reserve Banks:

Federal Reserve Bank of Minneapolis (Minnesota): "If Exchange Rates Are Random Walks Then Almost Everything We Say About Monetary Policy Is Wrong," by Fernando Alvarez, Andrew Atkeson, and Patrick J. Kehoe (Working Paper 650, March 2007, .pdf and PostScript format, 10p.)

Link to full text:

http://www.minneapolisfed.org/research/common/pub_detail.cfm?pb_autonum_id=1085

Federal Reserve Bank of New York: "International Capital Flows," by Cedric Tille and Eric van Wincoop. (Working Paper No. 280, March 2007, .pdf format, 41p.). Links to an abstract and full text are available at:

http://www.newyorkfed.org/research/staff_reports/sr280.html

Federal Reserve Bank of Richmond (Virginia): "Heterogeneous Borrowers in Quantitative Models of Sovereign Default," by Juan Carlos Hatchondo, Leonardo Martinez and Horacio Sapriza (Working Paper 07-1, March 2007, .pdf format, 35p.). Note: Links to the abstract and full-text can be found at:

Abstract:

We study an economy in which policymakers of different types (patient vs. impatient) alternate in power. Our framework builds on the model used in recent quantitative studies of sovereign default. We show that a default episode may be triggered by a change in the type in office, from a patient to an impatient policymaker. We also show that for this mechanism to be observed in equilibrium, it is necessary that there is enough political stability and that patient policymakers encounter sufficiently poor economic conditions during their tenure. Under high political stability, the presence of political turnover enables the model to generate: (i) a higher and more volatile spread (even when we focus on samples where only the patient type is in office), (ii) lower borrowing levels after a default episode, and (iii) a weaker correlation between economic conditions and default decisions. These results narrow the gap between the predictions of the model and the data.

http://www.richmondfed.org/publications/economic_research/working_papers/pdfs/wp07-1.pdf

Federal Reserve Bank of St. Louis (Missouri): "Whatever Happened to the Business Cycle? A Bayesian Analysis of Jobless Recoveries," by Kristie M. Engemann, and Michael T. Owyang (WP 2007-13A, March 2007, .pdf format, 20p.). Note: Links to the abstract and full-text can be found at:

http://research.stlouisfed.org/wp/more/2007-013/

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University of Wisconsin-Madison Department of Economic Social Science Research Institute: "Simple versus Optimal Rules as Guides to Policy," by William A. Brock, Steven N. Durlauf, James M. Nason, and Giacomo Rondina. (WP No. 2007-04, March 2007, .pdf format, 30 p.)

http://www.ssc.wisc.edu/econ/archive/wp2007-04.pdf

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John F. Kennedy School of Government (Harvard University) Faculty Research Working Paper: "Does the Minimum Wage Cause Inefficient Rationing?" by Erzo F.P. Luttmer (RWP07-018, March 2007 .pdf format, 29p.)Link to an abstract and full text are available at:

http://ksgnotes1.harvard.edu/Research/wpaper.nsf/rwp/RWP07-018

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National Bureau of Economic Research: NBER has released the following working papers for the week of Mar. 5-12, Mar. 12-19, 2007:

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

New papers are: 12955-12994

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European Central Bank: "Exchange Rate Pass-Through In Emerging Markets," by Michele Ca’ Zorzi, Elke Hahnand Marcelo SAnchez (WP 739, March 2007, .pdf format, 17p.)

Abstract:

This paper examines the degree of Exchange Rate Pass-Through (ERPT) to prices in 12 emerging markets in Asia, Latin America, and Central and Eastern Europe. Our results, based on three alternative vector autoregressive models, partly overturn the conventional wisdom that ERPT into both import and consumer prices is always higher in "emerging" than in "developed" countries. For emerging markets with only one digit inflation (most notably the Asian countries), passthrough to import and consumer prices is found to be low and not very dissimilar from the levels of developed economies. The paper also finds robust evidence for a positive relationship between the degree of the ERPT and inflation, in line with Taylor’s hypothesis once two outlier countries (Argentina and Turkey) are excluded from the analysis. Finally, the presence of a positive link between import openness and ERPT, while plausible theoretically, finds only weak empirical support.

http://www.ecb.eu/pub/pdf/scpwps/ecbwp739.pdf

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International Monetary Fund: IMF has added three working papers. The papers are Nos.07/65--07/67

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: 4177-4183

and click on "More" for the rest.

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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: 2691-2704

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New Economic Papers (NEP)-ALL. The latest list of New Economic Papers (Nar, 17, and Mar. 24, 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):

International Journal of Game Theory (Vol. 35, No. 4, April 2007).

http://www.springerlink.com/content/1432-1270/

Journal of Monetary Economics (Vol. 54, No. 2, March 2007).

http://www.sciencedirect.com/science/journal/03043932

Journal of Public Economics (Vol. 91, No. 5-6, June 2007).

http://www.sciencedirect.com/science/journal/00472727

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FUNDING OPPORTUNITIES

US Department of Agriculture, Economic Research Service: "The Food Assistance and Nutrition Research Program of the USDA-Economic Research Service is now accepting proposals for grants and cooperative agreements for Fiscal Year 2007. The three priority research areas are (1) Food Choices: Economic Determinants and Consequences, (2) Economic Incentives in Food Assistance Programs, and (3) Food Assistance as an Economic Safety Net. This publication describes the research areas and application requirements. Funding for competitive awards in fiscal year 2007 is approximately 2 million dollars. The deadline for proposal submission is May 21, 2007. For more information, see (.pdf format, 37p.):

http://www.ers.usda.gov/publications/AP/ap020/ap020.pdf

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DATA:

US Federal Reserve Bank of St. Louis (Missouri) Archival Federal Reserve Economic Data (ALFRED) Updates: "Vintage data have been added for 33 series on the Gross Domestic Product release. The earliest vintage date added is 1958-12-21."

http://alfred.stlouisfed.org/news/20070320

http://alfred.stlouisfed.org/news/20070321

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US Department of Agriculture Economic Research Service: "Agricultural Exchange Rate Data Set" (March, 2007, Microsoft Excel format)."The ERS data set contains annual and monthly data for exchange rates important to U.S. agriculture. It includes both nominal and real exchange rates for 80 countries (plus the European Union) as well as real trade-weighted exchange rate indexes for many commodities and aggregations. All series are updated every other month. Data series start at the beginning of 1970 and run to the last available current monthly information, which is typically 2 months behind the current date."

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

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Inter-University Consortium for Political and Social Research: ICPSR at he University of Michigan released several new datasets on Mar. 26, 2007 which may be of interest to Economics researchers. Note: Some ICPSR studies are available only to ICPSR member institutions. To find out whether your organization is a member, and whether or not it supports ICPSR Direct downloading, see:

http://www.icpsr.umich.edu/membership/index.html

New and updated data:

http://www.icpsr.umich.edu/org/announce.html

All new and updated data in the last 90 days can be found at:

http://www.icpsr.umich.edu/access/recent.html

Click on "all studies updated or added within the last 90 days."

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