The (Non) Impact of Minimum Wages on Poverty: Regression and Simulation Evidence for Canada

We estimate the effect of minimum wages on poverty for Canada using data from the Survey of Labour and Income Dynamics (SLID) for 1997 to 2007 and find that minimum wages do not have a statistically significant effect on poverty and this finding is robust across a number of specifications. Our simulation results, based on the March 2008 Labour Force Survey (LFS), find that only about 30?% of the net earnings gain from minimum wage increases goes to the poor while about 70?% ??spill over?? into the hands of the non-poor. Furthermore, we find that job losses are disproportionately concentrated on the poor. Our results highlight that, political rhetoric not-withstanding, minimum wages are poorly targeted as an anti-poverty device and are at best an exceedingly blunt instrument for dealing with poverty.     

Happily Ever After? The Journey From Foster Care to Adoption

Providing the foster child with a forever family through adoption is often seen as a happy ending to the long and painful journey through foster care. This qualitative study explores this complex journey from foster care to adoption from the perspective of 30 young adults aged 18 to 25 who were adopted from the foster care system after the age of 8. The results indicate that the foster and adoption experience for these youth cannot be compartmentalized when trying to understand the impact adoption has had on their overall sense of self. Implications for future research to explore the emerging concept of foster/adoptive identity for older youth adopted through the foster care system are provided.     

Executive compensation in banks: insights from CEO equity incentives and securitization transactions

This paper investigates whether CEO equity incentives promote risk-taking activities in the financial industry. Prior research shows that, during the recent credit crisis, banks whose CEOs had high equity incentives performed significantly worse than banks whose CEOs had low equity incentives. A possible explanation for this result is that the incentive to boost stock price induced CEOs to take risks that turned out to be extremely costly. Focusing on securitization transactions that were among the fundamental causes of the financial crisis and using a sample of US financial institutions, the paper provides evidence that banks whose CEOs had high equity incentives engaged in securitization transactions to a greater extent than did financial institutions guided by CEOs with low equity incentives. Moreover, the paper shows that CEOs with high equity incentives securitized riskier loans than did CEOs with low incentives. This study helps to clarify the role of equity-based compensation in promoting risk-taking behaviors in banks.     

Innovation through tradition in the Italian coffee industry: an analysis of customers’ perceptions

The extant literature reveals how firms may innovate by exploiting past competencies and resources, hence proposing innovation through tradition as an emerging strategy to compete. Previous research largely demonstrates that the effectiveness of an innovation strategy is strictly dependent on the capability of firms to communicate the right message to their customers. Therefore, leveraging products’ attributes becomes fundamental to strategically position their commercial offerings in the minds of the target audience. Nevertheless, despite the well-known relevance of this issue, scant attention has been devoted to investigate the product attributes that consumer’s associate with innovation and with tradition when companies deploy strategies based on “innovation through tradition”. Accordingly, our study aims at covering this gap, by empirically analyzing the consumers’ perception of innovation and tradition in the Italian coffee industry through a positioning analysis. Our research allowed us to identify two sets of product attributes that consumers associate with innovation and tradition. The results show that in many cases the innovation-related and tradition-related attributes are strongly negatively correlated, but in some case the correlation is weak or close to zero. These attributes reveal that in some cases innovation and tradition can be combined in the perception of consumers, rather than representing opposite constructs. This result suggests that companies can effectively communicate the strategy of innovation through tradition to the consumers’ minds, but this must be done by choosing the right attributes.     

Framing and immigration through the trump era

For the last decade, undocumented or illegal immigration has been one of the most contested policy issues in the United States, with significant news attention on policies affecting the undocumented population, ranging from deportations to comprehensive immigration reform, the DREAM Act, and Deferred Action for Childhood Arrivals. Despite these prominent and multifaceted policy debates, scholarship on media framing and public opinion remain more focused on the portrayal of immigrants rather than policies affecting them. In general, scholars find that policy frames are far more consequential to public opinion than equivalency frames (variations in how news media describe unauthorized immigrants, either as “illegal” or “undocumented”) or episodic frames (whether news articles are heavy on human‐interest stories rather than policy facts and statistics). Also, negative frames generally have stronger effects than positive frames, and these effects sometimes vary by partisanship and family migration history. Finally, the relative infrequency of powerful frames in news stories, like a life spent in the United States, provides opportunities for advocates to move public opinion on immigration policy. These findings have important implications for future battles over immigration policy in the United States, which show no signs of abating.     

A Long Cycle in Industrial Relations,or: Regulation Theory and Political Economy

ABSTRACT: The main purpose of this paper is to test the Regulation Theory (la Théorie de la Régulation) ‘ on a subject — the long cycle of rigidity/flexibility in labour markets and industrial relations we have experienced between the late sixties and now — that should be one of the central concerns of such a theory, being linked to one of its basic concepts: the Rapport Salarial. Does the theory of regulation help us (more than rival theoretical frameworks do) in explaining why we underwent a rigidity/flexibility cycle? And in explaining why this cycle took such different forms in different countries? In order to achieve this purpose, the author first distinguishes several meanings, or dimensions, or rigidity/flexibility (money and real wage, numerical, functional, intensive, dualistic, geographical) and goes to some length in analysing why comparisons in this field between national industrial relations systems and labour market arrangements are rather difficult to perform. Having done that, the author argues that regulation theory is of little help in understanding our diachronic question — why we went through a flexibility cycle — because such a theory does not make any strong bet on the causes of change in the institutional arrangements of labour markets and industrial relations. On the synchronic question — why the forms of the cycle have been so different cross-nationally — the conclusion is that Regulation Theory can be useful as a focusing device, as an ideal-type, but that a lot of nationally-specific materials have to be added in order to obtain adequate answers. The paper ends up with a methodological discussion on the statute of regulation theory. It is argued that it is neither theory nor history: it is a series of ideal-types of system-integration, connected by ex-post, historical linkages.     

Inside the Locker Room: Male Homosociability in the Advertising Industry

The use of the term homosociability by male employers and employees has been a key issue in the construction and maintenance of the gendered labour market, especially in senior‐level jobs. Male homosociability encompasses the formal old boys' networks and informal clubs or meetings, as well as humour and banter, referred to metaphorically in this article as the locker room. This article examines the locker room and its resulting forms of socializing, socialization, communication and rituals found in the advertising industry. To gain a clearer understanding of how the locker room constructs workplace opportunities, this article draws upon qualitative research and analysis and examines major service occupations in the advertising industry and the executives who inhabit them. Studying the relationship between the locker room and the production process provides additional perspectives on service work in the corporate sector, occupations and gender inequality.