Current Social Science Research Report--Economics #42, December 4, 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 Labor Statistics Periodical: Compensation and Working Conditions Online. The most recent articles are dated Nov. 30, 2007.

2. Department of Housing and Urban Development Report: "Evaluation of the 2005 Changes in the AHS (American Housing Survey) Income Questionnaire, by Scott Susin (September 2007, .pdf format, 21p.).

3. US Government Economic Releases from the National Bureau of Economic Research: Links to releases for Nov. 28-Dec. 4, 2007 are available at the site.

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US States:


Stats Indiana Updates: New charts for the "Indiana Dashboard: A Summary of Key Economic Indicators," are now available.

Stats Indiana:


Department of Administration Reports: "Minnesota labor force projections, 2005-2035" (November 2007, .pdf format, 37p.). Links to the report, and accompanying tables (Microsoft Excel format) are available at:

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NGOs and Other Countries:

Eurostat Periodicals:

A. Statistics in Focus. The latest issue (07/121 .pdf format) is now available at the SIF website:,49287715&_dad=portal&_schema=PORTAL&ci=1130657,0

B. Data in Focus The latest issues (07/21-07/23, .pdf format), are now available at the DIF website.,45972494&_dad=portal&_schema=PORTAL&mo=containsall&ms=&saa=&p_action=SUBMIT&l=us&co=equal&ci=62992790,0&po=matchany&pi=,&an=product_type&ao=containsall&av=ITY_&as=0&ad=text&na=1&ob=41,0


World Bank Compendium: The Little Data Book on Africa: 2007 (November 2007, .pdf format, 120p.).,,contentMDK:21107092~menuPK:3098195~pagePK:64168445~piPK:64168309~theSitePK:824043,00.html


International Monetary Fund:

The latest Country Reports span the time period from Nov. 30, 2007 (No. 07/371-07/376).



Instituto Brasileiro de Geografia e Estatística News Release: "Almost half of the companies created in 1997 had been closed by 2005" (Nov. 29, 2007). The news release links to "Demografia das Empresas 2005" (.pdf format, 72p., in Portuguese).



Statistics Canada/Statistique Canada Reports:

A. "Literacy and the Labour Market: The Generation of Literacy and Its Impact on Earnings for Native Born Canadians," by David A. Green and W. Craig Riddell (International Adult Literacy Survey Series, No. 18, November 2007, .pdf format, 46p.).

B. "Canadian and U.S. Real Income Growth Pre and Post 2000: A Reversal of Fortunes," by Ryan Macdonald (Economic Analysis Research Paper No. 48, November 2007, .pdf format, 33p.).

C. Agricultural Statistics, Various. Five relevant agricultural economic reports have been made available by SC (all Agricultural Economic Statistics, Vols. 6, No. 2, all November 2007, all .pdf format). They are: "Net Farm Income: Agriculture Economic Statistics," Farm Cash Receipts: Agriculture Economic Statistics," Farm Operating Expenses and Depreciation Charges: Agriculture Economic Statistics," "Value of Farm Capital: Agriculture Economic Statistics," and "Farm Debt Outstanding: Agriculture Economic Statistics." They are all linked to from a SC The Daily article: "Net farm income" (Nov. 26, 2007). Links to full texts are at the bottom of the page.

D. "International Trade by the Information and Communication Technologies Sector," by Nicole Charron (Analysis in Brief, November 2007, HTML and .pdf format, 12p.).



Statistics Estonia News Release: "Thriving expenditure on research and development activities" (Dec. 3, 2007).



Statistics Finland News Release: "Enterprises often encounter problems in recruiting IT professionals" (Nov. 30, 2007).



Central Statistics Office/An Phriomh-Offig Staidrimh Reports:

A. "Census of Industrial Production: 2005" (November 2007, .pdf format, 175p.).

B. "Regional Accounts for Agriculture: 2004-2006 (November 2007, .pdf format, 12p.).

C. "Information Society Statistics First Results, 2007: Household Statistics" (November 2007, .pdf format, 2p.).

D. "Institutional Sector Accounts, Financial, 2001-2006" (November 2007, .pdf format, 20p.).



Central Bureau of Statistics Report: "Manufacturing Indices 2006: Annual Summaries" (November 2007, 59p., with tables in Microsoft Excel format, and ancillary information in Microsoft Word format).



Statistics Netherlands Press Release, Web Magazine Articles:

A. "Sustained reduction social security benefits" (Nov. 29, 2007, HTML and .pdf format, 4p.).

B. "One in five large companies relocating activities," by Gusta van Gessel and Fintan van Berkel (Dec. 4, 2007).

C. "Consumer electronics selling well," by Jessica van Melis and Arjan van Loon (Dec. 4, 2007).


New Zealand:

Statistics New Zealand/Tatauranga Aotearoa Report, Hot off the Press:

A. "Employment, Earnings and Income Statistics from LEED (Linked Employer-Employee Data): 2006" (November 2007, .pdf format, 79p.).

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

More LEED information:

B. "Household Economic Survey: Year ended 30 June 2007" (November 2007, .pdf format, 21p.).

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



Statistics Norway News Releases:

A. "Economic trends for Norway and abroad: Low unemployment and high wage growth" (Nov. 29, 2007).

B. "Tax statistics for personal taxpayers. Income and wealth,2006" (Nov. 29, 2007). The news release links to four topical tables.



Statistical Office News Releases:

A. "Labour migrations, Slovenia, 2006--provisional data" (Nov. 29, 2007).

B. "Indicators of production of small agricultural units, Slovenia, 2006," by Irena Zaucer (Nov. 30, 2007).


Sri Lanka:

Department of Census and Statistics News Release: "Releasing of a New Consumer Price Index for Sri Lanka" (December, 2007, .pdf format, 5p.).


South Africa:

Statistics South Africa Report: "Financial statistics of consolidated general government 2005/2006" (November 2007, .pdf format, 34p.).



Statistics Sweden News Releases:

A. "Hours worked overestimated up until year 2005" (Dec. 3, 2007).

B. "Publicly owned enterprises 2006: Stable returns in municipal enterprises" (Dec. 3, 2007).

C. "Autumn-sown areas 2007: Autumn-sown crops largely unchanged despite high prices" (Nov. 29, 2007).

D. "National Accounts, detailed annual calculations: Swedish GDP up by 65 billion SEK (Swedish Krona) (10.1 billion US dollars) in 2005 after major revision from 1993 and onwards." (Nov. 29, 2007).

E. "Sole proprietors - an income summary 2005: Men report greater profits and deficits than women" (Nov. 28, 2007).



Department of Enterprise, Trade, and Development Report: "Northern Ireland Research and Development Statistics: 2006" (November 2007, .pdf format, 26p.).

Department for Work and Pensions Report: "Housing Benefit & Council Tax Benefit Quarterly Summary Statistics: May 2007" (September 2007, .pdf and Microsoft Excel format).

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Federal Reserve Bank of St. Louis (Missouri) Periodical: Monetary Trends (December 2007, .pdf format, 20p.).

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Federal Reserve Banks:

Federal Reserve:

Federal Reserve Board: "The Evolution of Household Income Volatility," by Karen E. Dynan, Douglas W. Elmendorf, and Daniel E. Sichel (2007-61, October 2007, .pdf format, 47p.). Links to an abstract and full text are available at:

Federal Reserve Bank of Boston [Massachusetts]:

A. "Active Decisions and Pro-Social Behavior," by Alois Stutzer, Lorenz Goette, and Michael Zehnder (Working Paper 07-13, November 2007, .pdf format, 26p.). Links to an abstract and full text are available at:

B. "The Effects of Expectations on Perception: Experimental Design Issues and Further Evidence," by Tyler Williams (Working Paper 07-14, November 2007, .pdf format, 26p.). Links to an abstract and full text are available at:

C. "Subprime Outcomes: Risky Mortgages, Homeownership Experiences, and Foreclosures," by Kristopher Gerardi, Adam Shapiro, and Paul Willen (Working Paper 07-15, November 2007, .pdf format, 57p.). Links to an abstract and full text are available at:

Federal Reserve Bank of Cleveland [Ohio]: "Entry, Exit and Plant-Level Dynamics over the Business Cycle," by Yoonsoo Lee and Toshihiko Mukoyama (WP07-18, November 2007, .pdf format, 49p.).


This paper analyzes the implications of plant-level dynamics over the business cycle. We first document basic patterns of entry and exit of U.S. manufacturing plants, in terms of employment and productivity between 1972 and 1997. We show how entry and exit patterns vary during the business cycle, and that the cyclical pattern of entry is very different from the cyclical pattern of exit. Second, we build a general equilibrium model of plant entry, exit, and employment and compare its predictions to the data. In our model, plants enter and exit endogenously, and the size and productivity of entering and exiting plants are also determined endogenously. Finally, we explore the policy implications of the model. Imposing a firing tax that is constant over time can destabilize the economy by causing fluctuations in the entry rate. Entry subsidies are found to be effective in stabilizing the entry rate and output.


Rand Corporation Labor and Population Program

A. "Intertemporal Consumption with Directly Measured Welfare Functions and Subjective Expectations," by Arie Kapteyn, Kristin J. Kleinjans, and Arthur van Soest (WR-535, November 2007, .pdf format, 28p.).

B. "Labor Market Status and Transitions during the Pre-Retirement Years: Learning from International Differences," by Arie Kapteyn, James P. Smith, Arthur van Soest, and James Banks (WR-536, November 2007, .pdf format, 47p.).


National Bureau of Economic Research: NBER has released the following working papers for the week of Nov. 5-12, 2007:

New papers are: 13607-13656


US Bureau of Labor Statistics: "Network of Tinkerers: A Model of Open-Source Technology Innovation," by Peter B. Meyers (Working Paper 413, November 2007, .pdf format, 33p.). Links to the abstract and full-text can be found at:


International Monetary Fund: IMF has recently added several new working papers. The papers are Nos. 265-270


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

New papers are: 4417-4428.

Click on "More" for the rest.


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 2142-2153


New Economic Papers (NEP)-ALL. The latest lists of New Economic Papers (Nov. 24, 2007) are 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):

IMF Staff Papers (Vol. 54, No. 2, Sept. 2007).

Journal of Labor Economics (Vol. 26, No. 1, January 2008). Note: Full electronic text of this journal is available in the ProQuest Research Library. Check your library for the availability of this database and this issue.

Journal of Mathematical Economics (Vol. 44, No. 1, January 2008).

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American Economics Association Job Openings for Economists (December 2007).

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US House Financial Services Committee Hearing Publication: "U.S. Interests in the Reform of China's Financial Services Sector," a hearing held Jun. 6, 2007 (House Serial Publication 110-35, .pdf format, 131p.).

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Census Bureau: "2006 Service Annual Survey: NAICS 52 Securities, Commodity Contracts, and Other Financial Investments," (November 2007, .pdf and Excel format).


Luxembourg Income Study: On November 30, 2007, LIS provided notification about "registration renewal via the Internet." For more information:

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