Dynamic Savings Decisions in Agricultural Environments With Incomplete Markets

We develop a methodology for examining savings behavior in rural areas of developing countries that explicitly incorporates the sequential decision process in agriculture. The approach is used to examine the relative importance of alternative forms of savings in the presence and absence of formal financial intermediaries. Our results, based on stage-specific panel data from Pakistan, provide evidence that the presence of financial intermediaries importantly influences the use of formal savings and transfers for income smoothing. We also find that there are significant biases in evaluations of the savings-income relationship that are inattentive to the within-year dynamics of agricultural production.     

Age,biological factors,and socioeconomic determinants of fertility: A new measure of cumulative fertility for use in the empirical analysis of family size

To influence the number of children ever born to a woman, socioeconomic variables must operate through behavioral and biological mechanisms such as the age at marriage, the level of fertility in the absence of deliberate fertility control, and the level of control exerted to reduce fertility within marriage. In this paper, we propose a new measure of cumulative fertility which is standardized for the age-fecundity relationship and for exposure to the risk of conception associated with duration of marriage. A simple model of fertility behavior which incorporates some of the mechanisms through which socioeconomic factors may affect fertility is developed and applied to data from the United States to demonstrate the properties of alternative measures of family size. The results indicate that use of the new measure allows more precise estimates of socioeconomic fertility relationships than would be obtained with children ever born or by sample stratification.     

Managing the new global workforce:: Fostering diversity, forging consistency

As a result of rapid foreign investment, many multinational firms now have workforces that are spread across continents and countries, and that include an increasingly complex blend of cultures and nationalities. Their challenge is to capture the benefits of a diverse workforce while also forging necessary consistency around the world. This article explores the concepts of diversity and consistency as they apply to multinational firms, and draws on examples from several leading multinationals to suggest how firms can better manage their global workforces.     

Female work experience,employment status,and birth expectations: Sequential decision-making in the Philippines

The influence of women’s birth parity and accumulated market skills on their current labor force participation and birth expectations is examined within a sequential choice framework, Analysis of household data from the 1973 Philippines National Demographic Survey suggests these patterns: (a) women who have accumulated larger families work less in the current period and anticipate fewer additional births; (b) women with more past work experience tend to work more hours in the current period; and (c) work experience appears to have only a weak negative effect on birth expectations among older women.     

Do immigrants screened for skills do better than family reunification immigrants?

"It is sometimes thought that immigrants [to the United States] who are screened for occupational skills are likely to become more productive Americans than immigrants who gain admission on the basis of family ties to native-born U.S. citizens or to previous immigrants. However, the expected differential may be small or nonexistent because: 1) kinship immigrants have access to family networks; 2) whereas employers may screen for short-term productivity, family members may screen for long-term productivity; and 3) native-born U.S citizens who sponsor spouses may be particularly adept at screening for long-term success. Longitudinal data on the 1977 immigrant cohort is used to compare initial and longer-term occupational outcomes among employment and kinship immigrants. Results indicate a narrowing of the differential, due both to higher rates of occupational downgrading among employment immigrants and of occupational upgrading among kinship immigrants."     

Tradeoffs in Manufacturing? A Meta‐Analysis and Critique of the Literature

An ongoing, important question in the operations strategy literature pertains to tradeoffs: Can manufacturers focus on multiple priorities simultaneously or achieve strength on multiple capabilities without sacrificing performance of another? In this paper, we accumulate, integrate, and examine the wide spectrum of conclusions reached in the literature concerning tradeoffs using modified meta‐analysis methods. Based on two decades of empirical research in operations strategy, we find that the evidence in the literature indicates manufacturers, on average, do not report experiencing tradeoffs among the competitive dimensions of quality, delivery, flexibility, and cost as suggested by the classical tradeoffs model. Our meta‐analysis also reveals that the way variables are operationalized, whether initiatives are implemented, and the unit of analysis are all related to the degree and nature of the evidence a paper contains with respect to the tradeoffs issue. We interpret our meta‐analysis results in the context of the prevailing model of manufacturing strategy and the theory of performance frontiers. We also discuss how the research designs used in this literature, which are predominantly cross‐sectional, affect the nature of the evidence generated and the conclusions that can be drawn. We go on to suggest research designs that more directly assess the tradeoffs issue.     

Psychiatric triage: a cost-effective approach to quality management in mental health.

As seen from this trial program, psychiatric triage in the ED is potentially a very effective tool for improving the quality of mental health patient care. For a minimal investment in personnel, there is a potential for a major improvement in patient care, patient record documentation, interdepartmental relations, and financial reimbursement to the institution.     

Estimating the emigration rates of legal immigrants using administrative and survey data: The 1971 cohort of immigrants to the United States

Based on administrative and survey data as well as data-based assumptions about the bounds on alien address reporting, this study provides estimates of the lower and upper bounds for the cumulative net emigration rates, by country and area of origin, of the FY1971 cohort of legal immigrants to the United States as of January 1979. The merged data indicate that the cumulative net emigration rate for the entire cohort could have been as high as 50 percent. Canadian emigration was probably between 51 and 55 percent. Emigration rates for legal immigrants from Central America, the Caribbean (excluding Cuba), and South America were at least as high as 50 percent, and could have been as high as 70 percent. Emigration rates for Koreans and Chinese could not have exceeded 22 percent over the same period.     

Towards a Theory of Competitive Progression: Evidence from High‐Tech Manufacturing

This study replicates and extends Ferdows and De Meyers' observed ‘sand cone’ model of cumulative competitive capabilities by means of Roth's related competitive progression theory (CPT). Using path analysis, we model and test the relationships among the generic competitive capability constructs of conformance quality, delivery reliability, volume flexibility, and low cost as predicted by CPT. Our results, drawn from a sample of high‐tech manufacturers, provide further evidence that on average, these four capabilities are acquired both cumulatively and in that sequence. We also find that each generic capability increases operational know‐how and reduces non‐value‐added directly and/or indirectly through the enhancement of successive capabilities in the progression, which in turn improves profitability. The paper contributes a theoretical rationale for the observed sand cone effect, describes how the competitive progression acts to influence accelerated organizational learning over an innovation cycle, and offers evidence that combinative capabilities have strategic value for high‐tech manufacturers.