Intrinsic Growth Rates and Net Reproduction Rates in the Presence of Migration

Conventional measures of long‐term population growth such as the intrinsic growth rate and the net reproduction rate assume migration rates to be zero. We develop expressions for analogous measures that register the impact of net migration rates, and we develop a simple method of estimating their values. Applying these new measures to data for developed countries shows that allowance for migration raises net reproduction rates by 0.2‐0.3 in areas of overseas European settlement and by approximately half as much in Northern and Western Europe. The newly defined intrinsic growth rates in Eastern Europe are exceptionally low at ‐1.7 percent to ‐2.4 percent per annum. In contrast, the migration‐adjusted intrinsic growth rate of the United States exceeds those of Asia and Latin America. The formulas and estimation procedures described should allow a more precise understanding of the implications of current migration patterns for long‐term growth prospects.     

REPATRIATION OF DEBT IN THE EURO CRISIS

With the beginning of the Euro Crisis, the long‐standing trend of European financial integration reversed. Investors unwound cross‐border positions of debt obligations and increased holdings of locally issued debt. In other words, debt obligations were repatriated. We use data on bank portfolios to document three new empirical regularities of the financial disintegration: (i) repatriation affected mainly debt of crisis countries; (ii) repatriation affected mainly public debt; (iii) the public debt of crisis countries that was not repatriated was reallocated to large and politically influential countries within the Euro area. We read these results in light of standard theories of cross‐border portfolio allocation and argue that the sum of these patterns constitutes evidence for the secondary market theory of public debt.     

To live an ordinary life: resource needs and additional costs for people with a physical impairment

Disabled people face increased risks of living in poverty largely due to lower incomes and extra resource requirements compared to non-disabled people. This study incorporated the social model of disability with an economic approach to costing to estimate the additional costs required by people with a physical impairment to achieve an adequate standard of living in New Zealand. Budgets estimating the additional equipment, modifications, transport, support and time required to achieve an adequate standard of living were developed and validated through focus groups with community members. The findings suggest that reducing barriers involves substantial costs ranging from NZ$645–$2,348 per week.     

Workplace Flexibility Practices and Corporate Performance: Evidence from the British Private Sector

This paper investigates the relationship between workplace flexibility practices (WFPs) and corporate performance using data from the British Workplace Employment Relations Survey 2004. Disaggregating WFPs into numerical, functional and cost aspects enables the analysis of their relationships to an objective measure of corporate performance, namely workplace financial turnover. Furthermore separate analyses are presented for different types of workplace: differentiated by workforce size; ownership; age; wage level; and unionization. Results show that different types of workplaces need to pay attention to the mix of WFPs they adopt. We find that certain cost WFPs (profit‐related pay, merit pay and payment‐by‐results) have strong positive relationships with corporate performance. However, training delivers mixed corporate performance results, while the extent of job autonomy and the proportion of part‐time employees in a workplace have an inverse association with corporate performance. Given the limited existing research examining disaggregated measures of WFPs and objectively measured corporate performance, this paper offers useful insights for firms, policy makers and the overall economy.     

Corporate political power and US foreign policy, 1981–2002: the role of the policy-planning network

Theory and Society - Recent empirical work has offered strong support for ‘biased pluralism’ and ‘economic elite’ accounts of political power in the United States, according...     

Deepwater Horizon Oil Spill Exposure,Industry Sector,and Child Health

Population Research and Policy Review - The historic 2010 BP Deepwater Horizon Oil Spill (DHOS) led to public distress regarding potential impacts on children in nearby Gulf Coast communities....