Being Born Under Adverse Economic Conditions Leads to a Higher Cardiovascular Mortality Rate Later in Life: Evidence Based on Individuals Born at Different Stages of the Business Cycle

We connect the recent medical and economic literatures on the long-run effects of early-life conditions by analyzing the effects of economic conditions on the individual cardiovascular (CV) mortality rate later in life, using individual data records from the Danish Twin Registry covering births since the 1870s and including the cause of death. To capture exogenous variation of conditions early in life, we use the state of the business cycle around birth. We find significant negative effects of economic conditions around birth on the individual CV mortality rate at higher ages. There is no effect on the cancer-specific mortality rate. From variation within and between monozygotic and dizygotic twin pairs born under different conditions, we conclude that the fate of an individual is more strongly determined by genetic and household-environmental factors if early-life conditions are poor. Individual-specific qualities come more to fruition if the starting position in life is better.     

Career Management in Uncertain Times: Challenges and Opportunities

The beginning years of the 21st century have witnessed the confluence of a host of environmental factors that have dramatically altered employment relationships and upended long‐standing approaches to career management for workers in the United States and around the world. The authors critically examine these environmental changes, focusing on the implications for career choice and decision making. On the basis of these findings, they address how individuals, working with career counselors and professionals, can enhance their contemporary careers in response to the challenges and uncertainties brought on by rapid environmental change.     

Shakespeare,the structural funds and sustainable development reflections on the Irish experience1

The regional level of governance in the Republic of Ireland is among the most weakly institutionalized in the EU when compared with other Member States. Nevertheless, under the sway of EU Regional Policy two new regional scales of governance were established in the 1990s. This paper examines the recent evolution of regional governance in Ireland with particular emphasis on the role being conferred upon Irish regional authorities to advance the implementation of sustainable development. It outlines and evaluates the impact of Structural and Cohesion Funds on sustainable development in Ireland. The paper argues that, despite mixed results, there is a simultaneous layering process occurring because of European transfers, programmes and initiatives whereby multiple ‘regions’ are coming into being linked to a concept of regional sustainable development.

Of my nation! What ish my nation? Ish a villain, and a bastard, and a knave, and a rascal. What ish my nation? Who talks of my nation? (Henry V, III. II)     

Impact of Japanese investment in U.S. automobile production

The transfer of automobile production by Japanese firms to the United States represents a giant direct foreign investment. Using the disaggregated NIRA U.S.-Japan model in the framework of Project LINK, this article evaluates the impact of these investments on the U.S. and Japanese economies. The benefit in terms of auto production, capacity, employment, activity in supplier industries, and aggregate GNP in the United States is readily apparent. Japanese industry has incentives to move production into the United States to avoid protectionism and to guard against adverse movements of the exchange rate and production costs, but there is some loss in output and related variables in Japan.     

Response Inducing Techniques for Mail Surveys

A mail survey has been conducted to discover why certain hospital based health professionals did not reply to a previous mail survey. The results will assist in the design of future mail surveys for this group and may have a more general interest and applicability. Two return-inducing techniques have been tested. Other such techniques, reported in the literature but untested in this study, are listed. The observed responses times are reported and some suggestions regarding timing are made.     

Axiomatization of a class of share functions for n-person games

The Shapley value is the unique value defined on the class of cooperative games in characteristic function form which satisfies certain intuitively reasonable axioms. Alternatively, the Banzhaf value is the unique value satisfying a different set of axioms. The main drawback of the latter value is that it does not satisfy the efficiency axiom, so that the sum of the values assigned to the players does not need to be equal to the worth of the grand coalition. By definition, the normalized Banzhaf value satisfies the efficiency axiom, but not the usual axiom of additivity.In this paper we generalize the axiom of additivity by introducing a positive real valued function on the class of cooperative games in characteristic function form. The so-called axiom of -additivity generalizes the classical axiom of additivity by putting the weight (v) on the value of the gamev . We show that any additive function determines a unique share function satisfying the axioms of efficient shares, null player property, symmetry and -additivity on the subclass of games on which is positive and which contains all positively scaled unanimity games. The axiom of efficient shares means that the sum of the values equals one. Hence the share function gives the shares of the players in the worth of the grand coalition. The corresponding value function is obtained by multiplying the shares with the worth of the grand coalition. By defining the function appropiately we get the share functions corresponding to the Shapley value and the Banzhaf value. So, for both values we have that the corresponding share functions belong to this class of share functions. Moreover, it shows that our approach provides an axiomatization of the normalized Banzhaf value. We also discuss some other choices of the function and the corresponding share functions. Furthermore we consider the axiomatization on the subclass of monotone simple games.