Current Social Science Research Report--Economics #33, October 2, 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.


To CSSRR-Soc #33

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Index to this issue:
















1. Bureau of Labor Statistics Report: "Charting the U.S. Labor Market in 2006," (August 2007, .pdf format, 70p.).

2. Government Accountability Office Report: "Unemployment Insurance: Low-Wage and Part-Time Workers Continue to Experience Low Rates of Receipt" (GAO-07-1147, September 2007, .pdf format, 39p.).

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

3. Department of Agriculture, Economic Research Service Reports:

A. "Beef Production, Markets, and Trade in Argentina and Uruguay: An Overview," by Kenneth H. Mathews, Jr. and Monte Vandeveer (Outlook Report No. LDPM-15901, September 2007, .pdf format, 12p.).

B. "Rural America At A Glance, 2007 Edition," edited by Lorin Kusmin (Economic Information Bulletin No. EIB-31, October 2007, .pdf format, 6p.).

4. National Science Foundation Report: "Expenditures for U.S. Industrial R&D Continue to Increase in 2005; R&D Performance Geographically Concentrated" (NSF 07-335, September 2007). The .pdf version of this report may or may not resolve on your computer.

5. US Government Economic Releases from the National Bureau of Economic Research: Links to releases for Sep. 26-Oct. 2, 2007 are available at the site.

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US States:


State Data Center Updates: The SDC has released the following updates for Sep. 28, 2007 (all .pdf and Microsoft Excel format): State of Iowa: Farm income and expenses: 2000-2006, State economic profile: 2000-2006, Total employment by NAICS industry: 2001-2006, Wage and salary employment by NAICS industry: 2001-2006, Personal current tax receipts: 1969-2006, Personal current transfer receipts: 1969-2006, Per capita personal and disposable income: 1929-2006, Personal income by major source and earnings by NAICS industry: 1969-2006, Wage and salary disbursements by NAICS industry: 1969-2006; US and States: Per capita personal: 1929-2006.

See Sep. 28, 2007 items.


Department of Labor Compendium: 2007 Kansas Economic Report (August 2007, .pdf format, 34p.).

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NGOs and Other Countries:

European Community Periodical: Data in Focus The latest releases (.pdf format) are 16-18, 2007.,62992791&_dad=portal&_schema=PORTAL


Organisation for Economic Co-operation and Development Monograph, Policy Brief:

A. Economic survey of the European Union 2007 (2007, 172p., print and .pdf format, ISBN: 9789264033214). More information, including a Policy Brief (.pdf format, 12p.) and ordering information is available at:,3343,en_2649_201185_39335333_1_1_1_1,00.html

B. "Economic Survey of the United Kingdom, 2007," (September 2007, .pdf format, 12p.).


International Monetary Fund:

The latest Country Reports span the time period from Sep. 25-Oct. 1, 2007 (No. 07/328-07/336, 07/338-07/339).



Department of Statistics:

"Labour Market Indicators: 2003-2006" (September 2007, .pdf format, 8p.).



Statistics Finland News Releases:

A. "Consumers' view of Finland's economy has deteriorated" (Sep. 27, 2007).

B. "Revised EMU deficit and debt figures for 2006 released" (Sep. 28, 2007).

C. "Development of productivity in the national economy 1970-2006" (Sep. 28, 2007).



Central Statistical Office Report, Periodical:

A. "Gross Domestic Product: 2006 (Second Estimation)" (September 2007, .pdf format, 25p.). Tables are in Hungarian and English.

B. Statistical Report: July 2007, edited by Eszter Nmeth (September 2007, .pdf format, 46p.).



Statistics Iceland News Release: "General government finances 2006" (No. 113/207, September 2007).


States of Jersey:

Jersey Government News Release: "GVA (Gross Value Added) and GNI (Gross National Income) 2006 (September 2007, .pdf format, 12p.).



Statistics Latvia News Release: "Key indicators of business structural statistics in 2005" (Sep. 25, 2007). Note: if the news release is in Latvian, click on "EN" near the top right corner of the page for an English version.



Department of Statistics News Release: "Malaysia Summary Of The International Investment Position 2006" (Sep. 28, 2007). The news release links to several topical tables (.pdf format, 2p.).



National Statistics Office Report: "Gainfully Occupied Population: Revisions (2002-2006)" (September 2007, .pdf format, 14p.).



Statistics Norway News Release: "Accounts statistics. Annual reports for non-financial limited companies. Preliminary figures, 2006: Still growth in operating profits" (Sep. 28, 2007). The news release links to three topical tables.



Federal Bureau of Statistics Report: "Census of Electricity Establishments 2005-2006" (September 2007, .pdf format, 31p.).

Click on "Report" for link to full text.



Statistical Office News Releases:

A. "Annual Energy Statistics, Slovenia, 2006," by Tomaz Bozic, Ivo Erzen, and Mojca Suvorov (Oct. 1, 2007).

B. "Livestock production, detailed data, Slovenia 2006 - Final Data," by Ales Stele (Oct. 1, 2007).

C. "Area of arable crops, Slovenia, 2007 - Provisional Results," by Jozica Joja Krznar (Oct. 1, 2007).

D. "Price indices of second hand flats, Ljubljana and rest of the country, 2003-2006," by Branko Pavlin (Sep. 28, 2007).

E. "Main aggregates of the general government, Slovenia, 2003-2006," by Andrej Flajs (Sep. 28, 2007).

F. "Performance of enterprises by activity and size class by number of person employed, Slovenia, 1995-2005," by Barbara Dremelj (Sep. 27, 2007).

G. "Economic accounts for forestry, Slovenia, 2000 - 2006," by Spela Gale (Sep. 27, 2007).

H. "Waste from production and service activities, Slovenia, 2006," by Matej Mlakar (Sep. 27, 2007).

I. "Fiscal burden of taxable persons by taxes and social contributions, Slovenia, 2002-2006," by Sasa Finc (Sep. 26, 2007).


South Africa:

Statistics South Africa Report: "Financial statistics of provincial government 2005/2006" (September 2007, .pdf format, 32p.).



Statistics Sweden News Releases:

A. "Strongly improved public finances in the Swedish economy in 2006" (Sep. 28, 2007).

B. "Food sales 2006: Nine billion more spent on groceries in 2006" (Sep. 28, 2007).



1. Great Britain Forestry Commission Report: "Forestry Facts & Figures 2007" (September 2007, .pdf format, 16p.).

2. Her Majesty's Revenue and Customs Reports:

A. "Tax Expenditures, ready reckoners and specimen tax calculations" (September 2007, Microsoft Excel and .pdf format).

B. "Capital Gains Tax" (September 2007, Microsoft Excel and .pdf format).

C. "Enterprise investment scheme" (September 2007, Microsoft Excel and .pdf format).

D. "Market value of funds, by type of qualifying investment" (September 2007, Microsoft Excel and .pdf format).

E. "Personal Equity Plans" (September 2007, Microsoft Excel and .pdf format).

F. "Stamp Duties" (September 2007, Microsoft Excel and .pdf format).

G. "Venture Capital Trusts" (September 2007, Microsoft Excel and .pdf format).

3. National Statistics Office News Release: "Government deficit and debt under the Maastricht Treaty" (Sep. 28, 2007, .pdf format, 13p.).

4. Department of Work and Pensions Report: "Employer responses to an ageing workforce: a qualitative study," by Stephen McNair, Matt Flynn and Nina Dutton (Research Report No. 455, September 2007, .pdf format, 176p.).

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Federal Reserve Bank of St. Louis (Missouri) Periodical: National Economic Trends (October 2007, .pdf format, 27p.).


American Enterprise Institute Brief: "Global Rebalancing," by John H. Makin (September 2007, .pdf and HTML format, 4p.).

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Federal Reserve Banks:

Federal Reserve Bank of Atlanta (Georgia): "Accounting for Changes in the Homeownership Rate," by Matthew Chambers, Carlos Garriga, and Don E. Schlagenhauf (Working Paper 2007-21, September 2007, .pdf format, 49p.). Links to an abstract and full text are available at:

Federal Reserve Bank of Boston (Massachusetts): "Demonstration Effects in Preventive Care," by Ritesh Banerjee, Ethan Cohen-Cole, and Giulio Zanella (QAU Working Paper No. QAU07-7, September 2007, .pdf format, p.42). Links to an abstract and full text are available at:

Federal Reserve Bank of Minneapolis (Minnesota): "Intermediated Quantities and Returns," by Rajnish Mehra, Facundo Piguillem and Edward C. Prescott (Working Paper 655, September 2007, .pdf and PostScrit format, 37p.). Links to an abstract and full text are available at:

Federal Reserve Bank of Richmond (Virginia): "The Anatomy of U.S. Personal Bankruptcy under Chapter 13," by Hlya Eraslan, Wenli Li, and Pierre-Daniel G. Sarte (Working Paper 07-5, October 2007, .pdf format, 46p.).


By compiling a novel dataset from bankruptcy court dockets recorded in Delaware between 2001 and 2002, we build and estimate a structural model of Chapter 13 bankruptcy. This allows us to quantify how key debtor characteristics, including whether they are experiencing bankruptcy for the first time, their past due secured debt at the time of filing, and income in excess of that required for basic maintenance, affect the distribution of creditor recovery rates. The analysis further reveals that changes in debtors' conditions during bankruptcy play a nontrivial role in governing Chapter 13 outcomes, including their ability to obtain a financial fresh start. Our model then predicts that the more stringent provisions of Chapter 13 recently adopted, in particular those that force subsets of debtors to file for long-term plans, do not materially raise creditor recovery rates but potentially make discharge less likely for that subset of debtors. This finding also arises in the context of alternative policy experiments that require bankruptcy plans to meet stricter standards in order to be confirmed by the court.


Minnesota Population Center: "Intermittent Child Employment and Its Implications for Estimates of Child Labor," by Deborah Levison, Jasper Hoek, David Lam, and Suzanne Duryea (WP 2007-05, June 2006, .pdf format, 56p.). Links to an abstract and full text are available at:


US Bureau of Labor Statistics: "R&D and Productivity Growth: A Review of the Literature," by Leo Sveikauskas (Working Paper No. 408, September 2007, .pdf format, 55p.). 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 Oct. 10-17, 2007:

New papers are: 13440-13455


International Monetary Fund: IMF has recently added new working papers. The papers are Nos. 226-230.


Organisation for Economic Co-operation and Development:

A. "Product Market Competition in the OECD Countries: Taking Stock and Moving Forward," Jens Hj, Miguel Jimenez, Maria Maher, Guiseppe Nicoletti and Mikael Wise (Economics Department Working Paper No. 575, September 2007, .pdf and Microsoft Word format, 77p.).


Based on 18 country reviews performed over the 2003-2005 period, this paper examines, the cross-country differences in policy approaches to product market competition and their consequences for product market rents. Against this background, the paper summarises OECD recommendations to further strengthen competition in various sectors and areas. These include: removing remaining barriers to trade and inward foreign direct investments; better securing deterrence of cartels through effective sanctions; facilitate market access to inherently competitive industries by easing zoning laws (the retail sector), abolishing reserved monopolies (sales of tobacco and alcohol), limiting the scope of trade associations? self-regulation and easing residency or nationality requirements (professional services); meet competition challenges in network industries by facilitating the effective separation of monopoly components from competitive activities, reducing public ownership, clearly separating the government's ownership and regulatory functions and creating the right incentives for investing in infrastructures.

B. "The Policy Determinants of Investment in Tertiary Education," by Joaquim Oliveira Martins, Romina Boarini, Hubert Strauss, Christine de la Maisonneuve and Clarice Saadi (Economics Department Working Paper No. 576, September 2007, .pdf and Microsoft Word format, 75p.).


This paper assesses how policies and institutions affect private returns to invest in tertiary human capital, the ability of individuals to finance this investment and the institutional characteristics of tertiary education systems. Focusing on core tertiary education services, the paper presents new measures of private returns to tertiary education, the institutional setting for supplying tertiary education and the availability of individual financing in OECD countries. Using a panel of 19 countries, the number of new tertiary graduates (a proxy for investment in tertiary education) is regressed on these new proposed measures, as well as other standard determinants of investment in tertiary education. The resulting estimates are used to assess empirically the relative importance of several education, taxation and social policies affecting investment in tertiary education. Several avenues for reform and the trade-offs they present for public policy are discussed.

C. "Local government finances: The link between intergovernmental transfers and net worth," by Luiz de Mello (Economics Department Working Paper No. 581, September 2007, .pdf and Microsoft Word format, 29p.).


There is a large literature on how the sharing of revenue between different levels of government and the design of intergovernmental transfer schemes affect sub-national finances. Using a panel of OECD countries during 1980-2005, this paper tests for: i) the presence of a stable long-run statistical association between changes in transfer receipts and sub-national net worth and ii) the direction of causality between changes in transfer receipts and net worth. The main empirical findings are that, first, there is a stable long-term relationship between transfer receipts and local government net worth for the case of current, but not capital, transfers. An increase in intergovernmental transfer receipts is found to be associated with a modest reduction in the recipient jurisdiction's net worth over the long term, but a fall in net worth is associated with an almost one-to-one subsequent increase in transfer receipts. Second, the direction of causality is sensitive to the technique used to estimate the long-term parameters. One technique suggests that causality runs from transfers to net worth, which lends support to a large literature on the effect of cost-shifting on sub-national budget outcomes. But causality also appears to run from net worth to transfer receipts, suggesting that transfers may be used as a deficit financing tool.


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

New Paper is: 4369


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

The new working papers are: 3071-3090


Institute for Social and Economic Research (ISER) [University of Essex, Cochester, UK]:

A. "Job Satisfaction and Family Happiness: The Part-time Work Puzzle," by Alison L. Booth and Jan Van Ours (ISER Working Paper 2007-20, October 2007, .pdf format, 36p.).


Using fixed effects ordered logit estimation, we investigate the relationship between part-time work and working hours satisfaction; job satisfaction; and life satisfaction. We account for interdependence within the family using data on partnered men and women from the British Household Panel Survey. We find that men have the highest hours-of-work satisfaction if they work full-time without overtime hours but neither their job satisfaction nor their life satisfaction are affected by how many hours they work. Life satisfaction is influenced only by whether or not they have a job. For women we are confronted with a puzzle. Hours satisfaction and job satisfaction indicate that women prefer part-time jobs irrespective of whether these are small or large. In contrast, female life satisfaction is virtually unaffected by hours of work. Women without children do not care about their hours of work at all, while women with children are significantly happier if they have a job regardless of how many hours it entails.

B. "Subjective Income and Employment Expectations and Preferences for Redistribution," by Helmut Rainer and Thomas Siedler (ISER Working Paper 2007-21, September 2007, .pdf format, 11p.).


Using probabilistic expectations data from the German Socio-Economic Panel, we establish a link between self-reported expectations of occupational mobility and preferences for redistribution. Our results provide new evidence on the validity of the "prospect of upward mobility" hypothesis.


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 2097-2105


New Economic Papers (NEP)-ALL. The latest list of New Economic Papers (Sep. 24, 2007) is available at:


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):

European Economic Review (Vol. 51, No. 7, October 2007).

International Journal of Game Theory (Vol. 36, No. 2, October 2007).

Journal of Economic Dynamics and Control (Vol. 31, No. 12, December 2007).

Journal of Finance (Vol. 62, Nos. 3,4,5, June, August, October 2007).

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Luxembourg Income Studies: "Microdata Expert Job Announcement," (September 2007, .pdf format, 1p.). For more information see:

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US Department of Housing and Urban Development: "2008 Fair Market Rents" (October 2007, Microsoft Excel format, with documentation in .pdf format). "On Monday, Oct. 1, the U.S. Department of Housing and Urban Development published in the Federal Register HUD's Final Fiscal Year (FY) 2008 Fair Market Rents (FMRs) for the (Section 8) Housing Choice Voucher program and Moderate Rehabilitation Single Room Occupancy program. The FY2008 FMRs, developed by HUD's Office of Policy Development and Research (PD&R), are the first to use data drawn from the full implementation of the new American Community Survey (ACS), published by the U.S. Census. The ACS currently only provides local rent data for large metropolitan areas. Eventually, the ACS will provide high quality annual data on rents for all areas, which in turn, is expected to yield greater accuracy of FMR estimates.


US Department of Agriculture, Economic Research Service: "Commodity and Food Elasticities: Demand Elasticities from Literature" (September 2007). "The Commodity and Food Elasticities Database is a collection of elasticities from research on consumer demand published in working papers, dissertations, and peer-reviewed journals and as presented at professional conferences in the United States. Most of the literature is from U.S. academic and government research. The database allows queriable searches of income, expenditure, and own- and cross-price elasticities for specific commodities and countries, which can be ranked and sorted. The most fully covered countries are the United States and China, and the greatest number of demand studies are for vegetables, fruits, and grocery products such as coffee and ketchup."

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Kaiser Family Foundation Update: "Kaiser's has added and updated tables dated from Sep. 7-19, 2007 that may be of interest to economics researchers.

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