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Women, Schooling, and Marriage in Rural Philippines 菲律宾农村的妇女、学校教育和婚姻
Pub Date : 2011-12-23 DOI: 10.2139/ssrn.1976259
S. Desilva, M. Bakhtiar
Using data from the Bicol region of the Philippines, we examine why women are more educated than men in a rural, agricultural economy in which women are significantly less likely than men to participate in the labor market. We hypothesize that educational homogamy in the marriage market and cross-productivity effects in the household allow Filipino women to reap substantial benefits from schooling regardless of whether they enter the labor market. Our estimates reveal that the return to schooling for women is approximately 20 percent in both labor and marriage markets. In comparison, men experience a 12 percent return to schooling in the labor market. By using birth order, sibship size, percent of male siblings, and parental education as instruments, we correct for a significant downward bias that is caused by the endogeneity of schooling attainment.
利用菲律宾比科尔地区的数据,我们研究了为什么在农村农业经济中,女性参与劳动力市场的可能性明显低于男性,女性受教育程度高于男性。我们假设,婚姻市场中的教育同性婚姻和家庭中的交叉生产力效应使菲律宾妇女无论是否进入劳动力市场,都能从教育中获得实质性利益。我们的估计显示,在劳动力市场和婚姻市场上,女性重返学校的比例约为20%。相比之下,在劳动力市场上,男性重返学校的比例为12%。通过使用出生顺序、兄弟姐妹规模、男性兄弟姐妹比例和父母教育作为工具,我们纠正了由受教育程度内生性引起的显著向下偏见。
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引用次数: 3
Health Care Expenditure in the OECD Countries: Efficiency and Regulation 经合组织国家的卫生保健支出:效率和监管
Pub Date : 2011-12-20 DOI: 10.2139/ssrn.1974882
Pablo Hernández de Cos, Enrique Moral-Benito
The containment of health care expenditure is one of the major challenges facing public policymakers in the developed countries. This paper provides evidence of significant differences in the cross-country level of efficiency of health care expenditure, meaning that potential cost savings for the countries considered least efficient might be very high. Further, a significant relationship is found between the various health care policies and institutions in the OECD countries and the efficiency levels of health care systems. The findings are, however, highly sensitive to the efficiency-estimation methodology used.
控制卫生保健支出是发达国家公共政策制定者面临的主要挑战之一。本文提供的证据表明,卫生保健支出的跨国效率水平存在显著差异,这意味着被认为效率最低的国家的潜在成本节约可能非常高。此外,经合组织国家的各种卫生保健政策和机构与卫生保健系统的效率水平之间存在显著的关系。然而,调查结果对所使用的效率估计方法高度敏感。
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引用次数: 21
Long-Term Employment and Job Security Over the Last Twenty-Five Years: A Comparative Study of Japan and the U.S 近25年长期就业与工作保障:日本与美国的比较研究
Pub Date : 2011-12-17 DOI: 10.2139/ssrn.1973912
Ryo Kambayashi, Takao Kato
Taking advantage of a recent relaxation of Japanese government's data release policy, we conduct a cross-national analysis of micro data from Japan's Employment Status Survey and its U.S. counterpart, Current Population Survey. Our focus is to document and contrast changes in long-term employment and job security over the last twenty five years between the two largest advanced economies. We find that in spite of the prolonged economic stagnation, the ten-year job retention rates of core employees (employees of prime age of 30-44 who have already accumulated at least five years of tenure) in Japan were remarkably stable at around 70 percent over the last twenty-five years, and there is little evidence that Japan's Great Recession of the 1990s had a deleterious effect on job stability of such employees. In contrast, notwithstanding its longest economic expansion in history, the comparable job retention rates for core employees in the U.S. actually fell from over 50 percent to below 40 percent over the same time period. The probit estimates of job loss models in the two nations also point to the extraordinary resilience of job security of core employees in Japan, whereas showing a significant loss of job security for similar employees in the U.S. Though core employees in Japan turned out to have weathered their Great Recession well, we find that mid-career hires and young new job market entrants were less fortunate, with their employment stability deteriorating significantly. We interpret the findings, based on the theory of institutional complementarity, and derive lessons for policy makers around the world who are currently facing their own Great Recessions and developing effective policy responses.
利用日本政府最近放宽数据发布政策的机会,我们对日本就业状况调查和美国当前人口调查的微观数据进行了跨国分析。我们的重点是记录和对比这两个最大的发达经济体过去25年在长期就业和工作保障方面的变化。我们发现,尽管长期的经济停滞,日本核心员工(30-44岁的黄金年龄员工,已经积累了至少5年的任期)的10年工作保留率在过去25年中非常稳定地保持在70%左右,并且几乎没有证据表明日本20世纪90年代的大衰退对这些员工的工作稳定性产生了有害影响。相比之下,尽管美国经历了历史上最长的经济扩张,但在同一时期,核心员工的可比工作保留率实际上从50%以上降至40%以下。两国失业模型的概率估计也表明,日本核心员工的工作保障具有非凡的弹性,而美国的类似员工的工作保障则出现了显著的损失。尽管日本的核心员工很好地度过了大衰退,但我们发现,处于职业中期的员工和年轻的新就业市场进入者就没那么幸运了,他们的就业稳定性显著恶化。我们根据制度互补性理论对研究结果进行了解读,并为目前正面临大衰退并制定有效政策应对措施的世界各地的政策制定者提供了经验教训。
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引用次数: 21
Microfinance Institutions in Africa, Asia, and Latin America: Empirical Analysis of Operational Efficiency and Costs 非洲、亚洲和拉丁美洲的小额信贷机构:运营效率和成本的实证分析
Pub Date : 2011-12-15 DOI: 10.2139/ssrn.1972977
Carlo Bellavite Pellegrini, Marco Arnone, A. Messa
This paper presents an empirical analysis of the significance of operational efficiency on MFIs operating costs using both a cross-section and a balanced panel data approach. Using a sample of 750 microfinance institutions operating in Asia, Latin America and Sub-Saharan Africa, the analysis shows that operating costs and efficiency are negatively related and, more importantly, operating costs are lower when these institutions focus more on traditional financial aspects of commercial banking, thereby improving their efficiency, and enhancing the development of the sector and the quality of offered services. The paper shows that the connections between microfinance and commercial banking activity are closer than usually thought.
本文采用横截面法和平衡面板数据法对小额信贷机构运营成本的影响进行了实证分析。本文以亚洲、拉丁美洲和撒哈拉以南非洲地区的750家小额信贷机构为样本进行了分析,结果表明,运营成本和效率呈负相关关系,更重要的是,当这些机构更多地关注商业银行的传统金融方面,从而提高效率,促进该行业的发展和所提供服务的质量时,运营成本就会降低。本文表明,小额信贷和商业银行活动之间的联系比通常认为的要紧密。
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引用次数: 0
An Introduction to the Ports Growth Performance Evaluation Model (PGPE-Model) 港口成长绩效评估模型(PGPE-Model)简介
Pub Date : 2011-12-08 DOI: 10.2139/ssrn.1970101
Mario Arturo Ruiz Estrada, Anthony T.H. Chin
This paper will present a new group of indicators to analyze the performance of ports. Hence, this paper is divided into two parts. The first part will present a new model of analysis to evaluate how the port cargo openness, the productivity level, the cargo expansion, and the technological change adaptability can affect directly on the marginal port productivity growth rate performance. This new model of analysis is entitled “the ports growth performance evaluation model (PGPE-Model).” The objective of the PGPE-Model is to offer policy makers and researchers new analytical tools to study the impact and trend of ports performance from a new perspective. The PGPE-Model application is not limited to the study of a special group of ports. It is not constrained by issued about the geographical area or development stage of the port. The PGPE-Model, in effects, is a simple and flexible scheme. The second part of this paper shows the results obtained by the application of PGPE-Model on different ports at Singapore, Malaysia, South Korea, Japan and China. The PGPE-Model general objective is to measure the evolution and vulnerability of the ports performance.
本文将提出一组新的指标来分析港口的绩效。因此,本文分为两部分。第一部分将提出一个新的分析模型来评估港口货物开放程度、生产力水平、货物扩张和技术变革适应性如何直接影响港口边际生产力增长率绩效。这种新的分析模型被称为“港口增长绩效评估模型(PGPE-Model)”。pgpe模型的目的是为政策制定者和研究人员提供新的分析工具,从新的角度研究港口绩效的影响和趋势。PGPE-Model的应用并不局限于对一组特殊端口的研究。它不受地理区域或港口发展阶段的限制。实际上,pgpe模型是一种简单而灵活的方案。本文的第二部分展示了pgpe模型在新加坡、马来西亚、韩国、日本和中国不同港口的应用结果。pgpe模型的总体目标是衡量端口性能的演化和脆弱性。
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引用次数: 1
The Voluntary Simplicity Movement: Reimagining the Good Life Beyond Consumer Culture 自愿简约运动:重新想象消费文化之外的美好生活
Pub Date : 2011-12-08 DOI: 10.2139/SSRN.1970056
S. Alexander
Voluntary simplicity - otherwise known as ‘downshifting’ or just ‘simple living’ – is an anti- consumerist way of life that opposes the high consumption lifestyles prevalent in consumer societies today and voluntarily embraces ‘a simpler life’ of reduced consumption. As a practical matter, this living strategy characteristically involves providing for material needs as simply and directly as possible, minimizing expenditure on consumergoods and services, and generally seeking non-materialistic sources of satisfaction and meaning. Variously defended by its advocates on personal, social, human- itarian, and ecological grounds, voluntary simplicity is predicated on the assumption that human beings can live meaningful, free, happy, and infinitely diverse lives, while consuming no more than an equitable share of nature. That, at least, is the challenging ideal which seems to motive and guide many of its advocates and practitioners. This paper examines the nature of the Voluntary Simplicity Movement, including its various definitions, justifications, and practices.
自愿简朴——也被称为“放慢生活节奏”或“简单生活”——是一种反消费主义的生活方式,反对当今消费社会普遍存在的高消费生活方式,自愿接受减少消费的“更简单的生活”。作为一个实际问题,这种生活战略的特点是尽可能简单和直接地提供物质需要,尽量减少在消费品和服务上的支出,并普遍寻求非物质的满足和意义来源。它的拥护者从个人的、社会的、人道主义的和生态的角度进行了各种各样的辩护,自愿简朴是建立在这样一个假设之上的,即人类可以过着有意义的、自由的、快乐的、无限多样化的生活,同时消耗的自然资源不超过公平的份额。至少,这是一个具有挑战性的理想,它似乎激励和指导着许多倡导者和实践者。本文考察了自愿简化运动的本质,包括它的各种定义、理由和实践。
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引用次数: 83
Corporate USA: Trending Downwards 美国企业界:呈下降趋势
Pub Date : 2011-12-07 DOI: 10.2139/SSRN.1969278
P. Rampling
Purpose – This paper develops a discussion looking at the financial performance trends of Corporate USA. Design/methodology/approach – The United States of America, the data collected is from public listed corporations from 2000–2012* (Estimates based on a 3 year rolling average) for the development of multivariate regression models for parametric data. These developed models are constructed to test relationships between dependent and independent variables in line with research questions and hypotheses.Findings – The findings found that there is a high correlation using the adjusted R2 measure between EBIT and NPAT and Share Prices as DV’s and Market Capitalisation as IV’s, all as at 30/6 from 2000–2011 actuals and 2012*(Estimates based on a 3 year rolling average). The preliminary findings seem to suggest that between 2000–2005, although share prices in the US were high, that issued capital was lower, resulting in lower Market Caps, shows a lower EBIT and NPAT. Between 2005–2006, that share prices, share issues and Market Caps in the US tended to peak, show a higher EBIT and NPAT. From 2007-2008 on wards consistent with the times, although share issues are at an all time high, share prices have dramatically slumped over this period, resulting in much lower Market Caps, show lower EBIT and NPAT. There would seem to be a near perfect correlation between DV's and IV's, and in particular a near perfect correlation between MCAPS and PROFITABILITY which is being studied further in greater detail.Originality/value – The paper will be of vital importance to other academics looking at this question, and to both public and private sector entities.
目的-本文对美国公司的财务绩效趋势进行了讨论。设计/方法/方法-美国,收集的数据来自2000-2012年的上市公司*(基于3年滚动平均值的估计),用于开发参数数据的多元回归模型。这些开发的模型是为了检验因变量和自变量之间的关系,根据研究问题和假设。研究结果-研究结果发现,使用调整后的R2测量方法,息税前利润和净现值与股价(DV)和市值(IV)之间存在高度相关性,从2000年至2011年的实际数据和2012年*(基于3年滚动平均值的估计)均为30/6。初步研究结果似乎表明,在2000年至2005年期间,尽管美国股价高企,但已发行资本较低,导致市值较低,显示出较低的息税前利润和NPAT。2005-2006年期间,美国股价、股票发行和市值往往达到峰值,这表明息税前利润和净现值更高。从2007-2008年开始,虽然股票发行量一直处于历史高位,但股价在此期间大幅下跌,导致市值大幅下降,息税前利润和净现值也有所下降。DV和IV之间似乎存在近乎完美的相关性,特别是mcap和盈利能力之间存在近乎完美的相关性,这一点正在进一步进行更详细的研究。原创性/价值——这篇论文对于其他研究这一问题的学者以及公共和私营部门实体都至关重要。
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引用次数: 0
Do Marriage Markets Influence the Divorce Hazard? 婚姻市场会影响离婚风险吗?
Pub Date : 2011-12-04 DOI: 10.2139/ssrn.1968189
Raphaela Hyee
This paper demonstrates that a woman's propensity to separate from her husband or live-in partner depends positively on male wage inequality on her local marriage market - the more heterogeneous potential future mates are in terms of earnings power, the more likely a woman is to end her relationship. This effect is strongest for couples, were one has a college education but the other one does not. Because of the high degree of assortative matching according to education on the marriage market, college educated individuals are those most likely to marry a college graduate - if they are not currently married to one, they have the most to gain from divorcing and going back to the marriage market. This incentive becomes stronger if the college premium (the wage advantage college graduates enjoy over non-graduates) rises. The effect is robust to the inclusion of a variety of controls on the individual level, as well as state and time fixed effects and state specific time trends.
本文表明,女性与丈夫或同居伴侣分居的倾向与当地婚姻市场上男性的工资不平等呈正相关——在收入能力方面,潜在的未来伴侣越不均衡,女性就越有可能结束自己的关系。这种影响在一方受过大学教育而另一方没有受过大学教育的夫妻中表现得最为明显。由于婚姻市场上根据教育程度的分类匹配程度很高,受过大学教育的人最有可能与大学毕业生结婚——如果他们目前没有与大学毕业生结婚,他们从离婚和回到婚姻市场中获得的收益最大。如果大学溢价(大学毕业生比非大学毕业生享有的工资优势)上升,这种激励就会变得更强。该效应对于包含个人层面上的各种控制,以及状态和时间固定效应以及状态特定时间趋势具有鲁棒性。
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引用次数: 1
Immigrants, Welfare Reform, and the U.S. Safety Net 移民、福利改革和美国社会安全网
M. Bitler, H. Hoynes
Beginning with the 1996 federal welfare reform law many of the central safety net programs in the U.S. eliminated eligibility for legal immigrants, who had been previously eligible on the same terms as citizens. These dramatic cutbacks affected eligibility not only for cash welfare assistance for families with children, but also for food stamps, Medicaid, SCHIP, and SSI. In this paper, we comprehensively examine the status of the U.S. safety net for immigrants and their family members. We document the policy changes that affected immigrant eligibility for these programs and use the CPS for 1995-2010 to analyze trends in program participation, income, and poverty among immigrants (and natives). We pay particular attention to the recent period and examine how immigrants and their children are faring in the "Great Recession" with an eye toward revealing how these policy changes have affected the success of the safety net in protecting this population.
从1996年的联邦福利改革法开始,美国的许多中央安全网项目取消了合法移民的资格,这些移民以前有资格以与公民相同的条件获得资格。这些大幅削减不仅影响了有孩子家庭获得现金福利援助的资格,还影响了食品券、医疗补助、SCHIP和SSI的资格。在本文中,我们全面考察了美国移民及其家庭成员的安全网络状况。我们记录了影响移民获得这些项目资格的政策变化,并使用1995-2010年的CPS来分析移民(和本地人)参与项目、收入和贫困的趋势。我们特别关注最近的一段时期,并研究移民及其子女在“大衰退”中的表现,以期揭示这些政策变化如何影响安全网在保护这一人口方面的成功。
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引用次数: 56
Selection Bias in Innovation Studies: A Simple Test 创新研究中的选择偏差:一个简单的测试
Pub Date : 2011-12-01 DOI: 10.2139/ssrn.1969134
Gaétan de Rassenfosse, A. Wastyn
The study of the innovative output of organizations often relies on a count of patents filed at one single office of reference such as the European Patent Office (EPO). Yet, not all organizations file their patents at the EPO, raising the specter of a selection bias. Using novel datasets of the whole population of patents by Belgian firms and German universities, we show that the single-office count results in a selection bias that affects econometric estimates of invention production functions. We propose a methodology to evaluate whether estimates that rely on the single-office count are affected by a selection bias.
对组织创新产出的研究通常依赖于在单一参考局(如欧洲专利局)申请的专利数量。然而,并不是所有的组织都在EPO申请专利,这引发了选择偏见的幽灵。利用比利时公司和德国大学的专利总数的新数据集,我们表明单局计数导致选择偏差,影响发明生产函数的计量经济学估计。我们提出了一种方法来评估依赖于单一办公室计数的估计是否受到选择偏差的影响。
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引用次数: 24
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