Current Social Science Research Report--Economics #20, June 19, 2007.

CSSRR-Economics is a weekly email report produced by the Data and Information Services Center at the University of Wisconsin-Madison. It seeks to help social science researchers keep up to date with the latest developments in the field. This report will contain selected listings of new: reports, articles, bibliographies, working papers, tables of contents, conferences, data, and websites. For more information, including an archive of back issues and subscription information see:


CSSRR-Economics is compiled and edited by Jack Solock and Charlie Fiss.


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Index to this issue:
















1. Bureau of Economic Analysis Periodical: Survey of Current Business (Vol. 87, No. 6, June 2007, .pdf format).

2. Bureau of Labor Statistics Report, Periodical:

A. "National Compensation Survey : Employee Benefits in Private Industry in the United States, 2005," (BLS Bulletin 2589, May 2005, .pdf format, 91p.).

B. Occupational Outlook Quarterly (, Vol. 51, No. 1, Spring 2007, .pdf format).

3. Department of Labor, Women's Bureau Report: "Employment Status of Women and Men in 2006," (June 2007, HTML format).

4. Government Accountability Office Report: "Women and Low-Skilled Workers: Other Countries' Policies and Practices That May Help These Workers Enter and Remain in the Labor Force" (GAO-07-817, June 2007, .pdf format, 42p.).

Note: this is a temporary address. GAO reports are always available at:

5. US Government Economic Releases from the National Bureau of Economic Research: Links to releases for Jun. 13-19, 2007 are available at the site.

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US States:


State Data Center Updates: The SDC has issued the following updated for Jun. 15, 2007 (all .pdf and Microsoft Excel format): For Iowa counties: "Employees, payroll amounts and payroll averages, and establishments: 2000-2005"; "Employees, payroll, and establishments by industry: 2000-2005"; "Establishments by employment-size class: 2000-2005"; "Total number of establishments by industry: 2000-2005"; "Number of employees by industry: 2000-2005"; "Number of establishments with employees: 2000-2005"; For the state of Iowa: "Employees, payroll amounts and payroll averages, and establishments: 1988-2005"; "Employees, payroll, and establishments by industry: 2000-2005"; For the US and states: "Employees, payroll amounts and payroll averages, and establishments: 2000-2005."

See under Jun. 15, 2007 listing.


Department of Administration Report: "Minnesota housing prices fall between 2005 and 2006" (June 2007, .pdf format, 16p.).

New Jersey:

Department of Labor and Workforce Development Data Update: "Unemployment Rate: County Annual Averages: 1990-2006" (June 2007, Microsoft Excel format).

North Dakota:

Job Service Website: "North Dakota's Workforce Intelligence Network." "NDWIN generates, compiles, disseminates and publishes the state's leading economic data and labor market information -- from wages to projections to the latest employment figures -- resulting in better-informed economic decisions. NDWIN has the most extensive network of economic data resources in the state, maintained by experienced research analysts meeting high statistical standards." The site is highlighted by "Analyzer, interactive way to query the state's latest economic and labor market information. A repository of sorts, Analyzer contains wage, employment, labor force, and demographic information, along with a multitude of additional workforce intelligence data. Create geographic-specific reports depending on data availability."

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NGOs and Other Countries

United Nations:

Statistics Division Monograph: Energy Statistics Yearbook, 2004 (2007). Ordering and pricing information for a print copy is available at


European Commission:

Eurostat Periodical: Statistics in Focus The latest issues of Statistics in Focus (07/64-07/72, .pdf format) are now available at the SIF website:,1136118&_dad=portal&_schema=PORTAL


International Monetary Fund Periodical, Occasional Paper, Country Papers:

A. Finance & Development (Vol. 44, No. 2, June 2007).

B. "Economic Growth and Integration in Central America," by Dominique Desruelle and Alfred Schipke (Occasional Paper No. 257, June 2007, .pdf format, 110p.). Links to the abstract and full-text can be found at:

C. International Monetary Fund Country Reports The latest Country Reports span the time period from Jun. 13-19, 2007 (No. 07/198-07/208).



Instituto Brasiliero de Geografie e Estatica (IBGE) News Release: "IBGE points to 15.5% increase of grain harvest in 2007 and reveals stocks surpassed 12.8 million tons in the beginning of the year" (Jun. 12, 2007).



National Statistical Institute Report, Press Release:

A. "Eating, Drinking, Smoking -comparative price levels in 37 European countries for 2006: Food, Beverages and Tobacco: Price level indices for 2006 - a comparison between EU, EFTA and EU Candidate Countries" (June 2007.).

B. "Harmonized Index Of Consumer Prices Series By Months, January 1997 - May 2007" (Press release, Jun. 12, 2007).



Statistics Canada/Statistique Canada Report, Article:

A. "Has Higher Education Among Young Women Substantially Reduced the Gender Gap in Employment and Earnings?" by Marc Frenette and Simon Coulombe (Analytical Studies Branch Research Paper Series No. 301, June 2007, .pdf format, 26p.).

Link to full text is at the bottom of the page.

B. "Labour Force Projections for Canada, 2006-2031," by Laurent Martel, Eric Caron-Malenfant, Samuel Vézina, and Alain Bélanger (Canadian Economic Observer, Vol. 20, No. 6, June 2007, .pdf and HTML format, 13p.). Note: Follow link to feature article.

C. "Persistence of Low Income Among Non-elderly Unattached Individuals," by Yan Feng, Sangita Dubey and Bradley Brooks (Income Research Paper Series, June 2007, .pdf format, 32p.).

D. "Government finance: Revenue, expenditure and surplus: (The Daily, Jun. 14, 2007).

E. "Foreign control in the Canadian economy (The Daily, Jun. 14, 2007).



Statistics Estonia News Release: "Annual average monthly gross wages and salaries were over 9,000 kroons (771 US dollars) in the previous year" (Jun. 18, 2007).



Federal Statistical Office Report: "Sustainable Development In Germany: Indicator Report 2006" (May 2007, .pdf format, 59p.).,property=file.pdf



Scottish Executive Report: "Agriculture Facts and Figures: 2007" (June 2007, .pdf format, 12p.).



National Statistics Office, Periodical, Database:

A. Financial Statistics (No. 542, June 2007, .pdf format, 287p.).

B. "Labour Disputes Public and Private Breakdown" (ASCII text, comma separated value [.csv], and Navidata format).

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American Enterprise Institute Periodical Article: "The Trouble with Taxing Those at the Top," by Alan D. Viard (Tax Policy Outlook No 2, June 2007, HTML and .pdf format, 8p.).


Urban Institute Report: "Framework for a New Safety Net for Low-Income Working Families," by Olivia Golden, Pamela Winston, Gregory Acs and Ajay Chaudry. (June 2007, .pdf format, 30p.)


Employee Benefit Research Institute Periodical: EBRI Notes (Vol. 28, No. 6, June 2007, .pdf format, 11p.). Note: The articles in this issue include: "Labor-Force Participation: The Population Age 55 and Older," by Craig Copeland; "Tax Expenditures and Employee Benefits: Estimates From the FY 2008 Budget," by Ken McDonnell.


Carsey Institute (University of New Hampshire) Policy Brief: "Low Wages Prevalent In Direct Care and Child Care Workforce," by Kristin Smith and Reagan Baughman (Policy Brief No. 7, Summer 2007, .pdf format, 12p.).


Newsweek Article: "The Quagmire of Inequality: Citing income increases of the most wealthy evokes images of greedy CEOs and hedge-fund managers. But the story is more complicated," by Robert J. Samuelson (Jun. 11, 2007).


Alternet Article: "The Rich Are Making the Poor Poorer," by Barbara Ehrenreich (June 2007).

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Federal Reserve Banks:

Finance and Economics Discussion Series: "The Rise and Fall of U.S. Inflation Persistence," by Meredith Beechey and Par Osterholm (2007-26, June 2007, .pdf format, 23p.). Links to an abstract and full text are available at:

Federal Reserve Bank of Chicago (Illinois): "The Age of Reason: Financial Decisions Over the Lifecycle," by Sumit Agarwal, John C. Driscoll, Xavier Gabaix, and David Laibson (WP 2007-05, June 2007, .pdf format, 51p.). Links to an abstract and full text are available at:

Federal Reserve Bank of Minneapolis (Minnesota) Staff Report: "Contract Enforcement and Firms’ Financing," by Cristina Arellano, Yan Bai and Jing Zhang (Report No. 392, June 2007, .pdf and PostScript format, 29p.). Links to an abstract and full text are available at:

Federal Reserve Bank of Philadelphia (Pennsylvania): "Spin-Offs and the Market for Ideas," by Satyajit Chatterjee and Esteban Rossi-Hansberg (Working Paper No. 07-15, June 2007, .pdf format, 36p.).


The authors propose a theory of firm dynamics in which workers have ideas for new projects that can be sold in a market to existing firms or implemented in new firms: spin-offs. Workers have private information about the quality of their ideas. Because of an adverse selection problem, workers can sell their ideas to existing firms only at a price that is not contingent on their information. The authors show that the option to spin off in the future is valuable so only workers with very good ideas decide to spin off and set up a new firm. Since entrepreneurs of existing firms pay a price for the ideas sold in the market that implies zero expected profits for them, firms’ project selection is independent of their size, which, under some assumptions, leads to scale-independent growth. The entry and growth process of firms in this economy leads to an invariant distribution that resembles the one in the US economy.


Harvard University Kennedy School of Government Faculty Working Papers:

A. "How Conservative Economics Has Influenced Antitrust," by F.M. Scherer. (WP No. RWP07-027, June 2007, .pdf format, 16p.). Links to an abstract and full text are available at:

B. "Class Actions in the U.S. Experience: An Economist's Perception," by F.M. Scherer. (WP No. RWP07-028, June 2007, .pdf format, 13p.). Links to an abstract and full text are available at:


Brookings Institution:

A. "Rehabilitating the Business Income Tax," by Edward D. Kleinbard (Hamilton Project Discussion Paper 2007-06, June 2007, .pdf format, 60p.). Links to an abstract and full text are available at:

B. "Taxing Privilege More Effectively: Replacing the Estate Tax with an Inheritance Tax," by Lily L. Batchelder (Hamilton Project Discussion Paper 2007-07, June 2007, .pdf format, 59p.). Links to an abstract and full text are available at:

C. "Achieving Progressive Tax Reform in an Increasingly Global Economy," by Jason Furman, Lawrence H. Summers, and Jason Bordoff (Hamilton Project Strategy Paper, June 2007, .pdf format, 30p.). Links to the an abstract and full text are available at:


National Science Foundation: "Research Issues in the International Migration of Highly Skilled Workers: A Perspective with Data from the United States," by Mark C. Regets (SRS 07-203, June 2007, HTML and .pdf format, 21p.). Links to an abstract and full text are available at:


National Bureau of Economic Research: NBER has released the following working papers for the week of Jun. 4-11, 2007 :

New papers are: 13163-13187


European Central Bank: The ECB has added several working papers in the last week. Papers (.pdf format) can be found at:

New papers are: 758-767.


World Bank Development Programme: WDP has recently released several new working papers. See the list at:

New Papers are: 4252-4259

and click on "More" for the rest.


Institute for the Study of Labor (IZA) [University of Bonn, Germany]: IZA has recently released several new working papers.

The new working papers are: 2846-2865


Center for Economic Studies/Ifo Institute for Economic Research (CESifo) [Munich, Bavaria, Germany]: CESifo has recently released several new working papers:

and "Browse Working Paper List" for 2007.

The new papers are numbered 2008-2018


AgEcon Search: This week's new working papers from AgEcon Search at the University of Minnesota are available at:

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JOURNAL TABLES OF CONTENTS (check your library for availability):

American Economic Review (Vol. 97, No. 3, June 2007). Note: Full electronic text of this journal is available in the ProQuest Research Library and the EBSCO Host Academic Search Elite Database. Check your library for the availability of these databases and issue.

Econometrica (Vol. 75, No. 4, July 2007). Note: Full electronic text of this journal is available in the ProQuest Research Library and the EBSCO Host Academic Search Elite Database. Check your library for the availability of these databases and issue.

Economic Inquiry (Vol. 45, No. 3, July 2007). Note: Full electronic text of this journal is available in the ProQuest Research Library. Check your library for the availability of this databases and issue.

Economics Letters (Vol. 96, No. 2, August 2007).

IMF Staff Papers (Vol. 54, No. 1, June 2007).

Journal of Economic Behavior and Organization (Vol. 63, No. 4, August 2007).

Management Science (Vol. 53, No. 6, June 2007).

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US House Budget Committee Hearing Publication: "The President's Fiscal Year 2008 Budget," a hearing held Feb. 6, 2007 (House Serial Publication 110-4, .pdf format, 81p.).


US House Financial Services Committee Hearing Publications:

A. "Monetary Policy and the State of the Economy, Part I," a hearing held Feb. 15, 2007 (House Serial Publication 110-3, ASCII text and .pdf format, 117p.).

Search on 110th Congress House hearings for "110-3" (with the quotes). There will be several items returned. Scroll to "Monetary policy...".

B. "Monetary Policy and the State of the Economy, Part II," a hearing held Feb. 16, 2007 (House Serial Publication 110-4, ASCII text and .pdf format, 96p.

Search on 110th Congress House hearings for "110-4" (with the quotes). There will be several items returned. Scroll to "Monetary policy...".


US House Ways and Means Committee Hearing Testimony: "Hearing on Promoting U.S. Worker Competitiveness in a Globalized Economy," a hearing held June 14, 2007.


US Senate Finance Committee Hearing Testimony: "Trade and Globalization: Adjustment for a 21st Century Workforce," a hearing held June 6, 2007 (.pdf format).

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US Department of Agriculture, Economic Research Service: "Agricultural Outlook: Statistical Indicators" (May 2007, .pdf and Microsoft Excel format, 36p.).


Inter-University Consortium for Political and Social Research: ICPSR at he University of Michigan released several new datasets on Jun. 19, 2007, which may be of interest to Economics researchers. Note: Some ICPSR studies are available only to ICPSR member institutions. To find out whether your organization is a member, and whether or not it supports ICPSR Direct downloading, see:

New and updated data:

All new and updated data in the last 90 days can be found at:

Click on "list".


UK Data Archive (Essex University, Colchester, UK): The UK Data Archive has recently added the following datasets to its holdings. Note: There maybe charges or licensing requirements on holdings of the UK Data Archive. For more information see:

SN 5661 -Survey of Personal Incomes, 2004-2005: Public Use Tape

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Panel Survey of Income Dynamics Bibliography Update: The following items have been added to the University of Michigan Institute for Social Research PSID Bibliography. The entire bibliography can be searched or browsed by author or keyword.

Altonji, Joseph G. and Usui, Emiko. Work Hours, Wages, and Vacation Leave. Industrial and Labor Relations Review. 2007; 50(3):408.

Brooks, Arthur C. Income Tax Policy and Charitable Giving. Journal of Policy Analysis and Management. 2007; 26(3):599.

Dixon-Roman, Ezekiel J. The Mystery of Inequity: Modeling the Influence of Intergenerational Access on Intellective Competence. Illinois: Northwestern University; 2007.

Fallick, Bruce and Ryu, Keunkwan. The Recall and New Job Search of Laid-Off Workers: A Bivariate Proportional Hazard Model With Unobserved Heterogeneity. Review of Economics and Statistics. 2007; 89(2):313-344.

Gorbachev, Olga. Did Household Consumption Become More Volatile?. New York: Columbia University;

Guvenen, Faith. Do Stockholders Share Risk More Effectively Than Nonstockholders?. Review of Economics and Statistics. 2007; 89(2):274-289.

Hajivassiliou, Vassilis A. and Ioannides, Yannis M. Unemployment and Liquidity Constraints. Journal of Applied Econometrics. 2007; 22(3):479-510.

Kumar, Anil. Labor Supply, Deadweight Loss and Tax Reform Act of 1986: A Nonparametric Evaluation Using Panel Data. Journal of Public Economics. 2007.

Nosal, Ed and Rupert, Peter. How Amenities Affect Job and Wage Choices Over the Life Cycle. Review of Economic Dynamics. 2007; online.

Oreffice, Sonia. Did the Legalization of Abortion Increase Women's Household Bargaining Power? Evidence From Labor Supply. Review of Economics of the Household. 2007; 5(2):181-198.

Siegel, Sarah Y. Three Essays in Public Economics. Massachusetts: Massachusetts Institute of Technology; 2006DAI-A 67/11, p. 4276, May 2007.

Yamashita, Takashi. House Price Appreciation, Liquidity Contracts, and Second Mortgages. Journal of Urban Economics. 2007; _(_):_.

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