Current Social Science Research Report--Economics #90, November 25, 2008.

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:

NOTE: The next CSSRRs will be released next Wednesday, December 3, 2008.


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


To CSSRR-Soc #90

To CSSRR-Health #90



Index to this issue:

















1. Bureau of Labor Statistics Report, News Release:

A. "Consumer Expenditure Survey, 2004-2005" (October 2008, .pdf format, 39p.).

B. "Occupational Injuries and Illnesses By Selected Characteristics: 2007" (Nov. 20, 2008, HTML and .pdf format, 42p.). Link to .pdf version is at the bottom of the page.

2. Congressional Budget Office Background Paper: "The Outlook for Housing Starts, 2009 to 2012" (November 2008, .pdf format, 23p.).

3. Bureau of Transportation Statistics Press Release: "U.S. Freight Shipments with Canada and Mexico Reached a Record High in 2007" (Nov. 19, 2008, HTML and .pdf format, 3p., with tables in Microsoft Excel and comma separated value [.csv] format).

4. Department of Agriculture, Economic Research Service Report: "Household Food Security in the United States, 2007," by Mark Nord, Margaret Andrews, and Steven Carlson (Economic Research Report ERR-66, November 2008, .pdf format, 59p.).

5. Small Business Administration Report: "2008 Small Business Profiles for the States and Territories" (November 2008, .pdf format, 106p.).

6. US Government Economic Releases from the National Bureau of Economic Research: Links to releases for Nov. 19-25, 2008 are available at the site.

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US States:


Department of Business, Economic Development, and Tourism Report: "Quarterly Statistical & Economic Report: 4th Quarter 2008 (November 2008, .pdf format, 152p., with tables in .zip compressed Microsoft Excel format).


Department of Labor Press Release: "Unemployment Insurance Tax Rates To Rise 70 Percent in 2009" (Nov. 19, 2008).


Stats Indiana Updates: The following files have been updated:

Labor Force Estimates (Indiana counties, metros, cities), Oct 2008

CES Indiana & MSAs (Employment by Industry), Oct 2008

CES & LAUS 50 States (Employment by Industry & Unemployment), Oct 2008

See Under "Just Released" on the right side of the page.


State Data Center Updates: The SDC issued the following updates on Nov. 21, 2008 (all .pdf and Microsoft Excel format).


Employment in state and local governments (combined): 2000-2007

Employment in state government: 2000-2007

Employment in local governments: 2000-2007

State government tax collections: 2000-2007


States ranked by total taxes: 2000-2007


Department of Labor Report: "2004-2014 Kansas Occupational Outlook" (November 2008, .pdf format, with tables in Microsoft Excel format).

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NGOs and Other Countries:

European Community:

Eurostat Periodicals, Pocketbook:

A. Statistics in Focus: The latest issues (101-102/2008, 106/2008) are now available.,49287715&_dad=portal&_schema=PORTAL&ci=1130657,0

B. Data in Focus: The latest issues (43/08--44/08 .pdf format) is now available on the DIF website:,62992791&_dad=portal&_schema=PORT

C. Food: from farm to fork statistics (Eurostat Pocketbook, September 2008, .pdf format, 199p.).,46587259&_dad=portal&_schema=PORTAL&p_product_code=KS-30-08-339


Organization for Economic Co-Operation and Development Monograph: Economic Survey of Spain 2008 (November 2008). For more information, including ordering information see:,3343,en_2649_33733_41678329_1_1_1_1,00.html

Related Policy Brief (November 2008, .pdf format, 11p.).



Government of Queensland Periodical: Queensland Economic Review (November 2008, .pdf format, 6p.).



Statistics Denmark Focus: "Business demography" (November 2008).



Statistics Finland News Release: "A total of 88 per cent of enterprises are connected via broadband" (Nov. 20, 2008).



Statistics Department Report, News Release:

A. "Income and Living Conditions: 2007" (November 2008, .pdf format, 60p.). The report is in Lithuanian and English.

B. "GDP by county" (Nov. 24, 2008).



Central Statistics Office Report: "Business Activity Statistics, July 2007 - June 2008" (November 2008, .pdf and Microsoft Word format, 17p., with tables in Microsoft Excel format).

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



Statistics Netherlands: SN has updated its Web Magazine, Economic Monitor, and Press Releases from Nov. 19-25, 2008).



Statistics Norway News Releases: SN has updated its news releases from Nov. 19-25, 2008).



Central Statistical Office Report: "Poland Quarterly Statistics No 2/2008" (November 2008, compressed and uncompressed .pdf format, 71p.). The report is in Polish and English.



National Institute of Statistics Periodical: International Trade Statistical Bulletin - No.8 (November 2008, .pdf format, 74p.). The periodical is in Romanian and English.

Click on the title page icon under the title for link to full text.



Statistical Office News Release: "Realized yields of late crops, plums and grapes - Preliminary Results" (Nov. 25, 2008, .pdf format, 2p.).



Statistics Sweden News Releases:

A. "Financial accounts 2007" (November 20, 2008).

B. "Research and development in the Government sector" (Nov. 19, 2008).

C. "Costs for the educational system in 2007" (Nov. 19, 2008).



1. Department for Work and Pensions Report: "Jobcentre Plus Annual Employer Survey 2007/08," by Lorna Adams and Alistair Kuechel (Research Report No. 541, November 2008, .pdf format, 194p.).

2. House of Commons Library Research Paper: "Economic Indicators, November 2008" (November 2008, .pdf format, 27p.).

3. National Statistics Office Periodical, Report:

A. Financial Statistics (November 2008, .pdf format, 285p.).

B. "ICT and e-commerce 2007, UK Businesses" (November 2008, .pdf format). Click on "Latest release" for link to full text.



Welsh Assembly Government/Llywodraeth Cynulliad Cymru Report: "Economic Inactivity in Wales, 2007" (November 2008, .pdf format, 32p.).

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Rand Corporation Technical Reports:

A. "Explaining the Increase in Unemployment Compensation for Ex-Servicemembers During the Global War on Terror," by David S. Loughran and Jacob Alex Klerman (November 2008, .pdf format, 50p.).

B. "Migrant women in the EU labour force: Summary of findings," by Jennifer Rubin, Michael S. Rendall, Lila Rabinovich, Flavia Tsang, Barbara Janta, and Constantijn van Oranje-Nassau (2008, .pdf format, 14p.).


Urban Institute Reports:

A. "U.S. Intragenerational Economic Mobility From 1984 to 2004: Trends and Implications," by Gregory Acs and Seth Zimmerman (November 2008, .pdf format, 16p.).

B. "Three Considerations for Children's Savings Accounts," by Barbara Butrica (November 2008, .pdf format, 1p.).

C. "What Can We Expect from Children's Savings Accounts?" by Barbara Butrica (November 2008, .pdf format, 1p.).


Century Foundation Report: "Breaking Down Walls: Overcoming Institutional Barriers to Infrastructure Investment," by Anthony E. Shorris (November 2008, .pdf format, 25p.) The report is linked to from a CF news release: "A New Report from The Century Foundation: It Will Take More than Money to Solve the Nation’s Infrastructure Crisis" (Nov. 20, 2008).

More information about CF:


Federal Reserve Bank of St. Louis (Missouri) Periodical: Monetary Trends (December 2008, .pdf format, 20p.).

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Federal Reserve Banks:

The latest Federal Reserve Bank Working Papers can be found at:

Federal Reserve Board Finance and Economic Discussion Series:

NEW: WP 2008-58-60, 2008-62


District 2:Federal Reserve Bank of New York (New York):


SR 356: Which Bank Is the "Central" Bank? An Application of Markov Theory to the Canadian Large Value Transfer System, by Morten L. Bech, James T. E. Chapman, and Rod Garratt

SR 357: "The Federal Home Loan Bank System: The Lender of Next-to-Last Resort?" by Adam B. Ashcraft, Morten L. Bech, and W. Scott Frame

SR 358: "Seismic Effects of the Bankruptcy Reform," by Donald P. Morgan, Benjamin Iverson, and Matthew Botsch


District 4: Federal Reserve Bank of Cleveland (Ohio):


WP 08-09: On the Threat of Counterfeiting," by Yiting Li and Guillaume Rocheteau

WP 08-10: Estimating Real and Nominal Term Structures using Treasury Yields, Inflation, Inflation Forecasts, and Inflation Swap Rates," by Joseph G Haubrich, George Pennacchi and Peter Ritchken


District 7: Federal Reserve Bank of Chicago (Illinois):

NEW: WP 2008-10: The Choice between Arm’s-Length and Relationship Debt: Evidence from eLoans," by Sumit Agarwal and Robert Hauswald


District 8: Federal Reserve Bank of St. Louis (Missouri):

NEW: WP 2008-044A: Dynamics of Externalities: A Second-Order Perspective," by Huabin Wu


District 10: Federal Reserve Bank of Kansas City (Missouri):

NEW: RWP 08-05: An Empirical Assessment of the Relationships Among Inflation and Short- and Long-Term Expectations, by Todd E. Clark and Troy Davig


District 11: Federal Reserve Bank of Dallas (Texas):


WP 0812: The Elasticity of Intertemporal Substitution: New Evidence from 401(k) Participation, by Gary V. Engelhardt and Anil Kumar

WP 0813: Keynesian Economics without the LM and IS Curves: A Dynamic Generalization of the Taylor-Romer Model, by Evan F. Koenig


District 12: Federal Reserve Bank of San Francisco (California):

NEW: WP 23-30


National Bureau of Economic Research: NBER has released the following working papers for the week of Nov. 16-22, 2008:

New papers are: 14493-14514.


International Monetary Fund: IMF has recently released new working papers. They are: 08/257-08/260.


Luxembourg Income Study: LIS has recently released a new working paper. It is No 507, " Private Transfers and Emerging Welfare States in East Asia: Comparative Perspectives," by Young Jun Choi and Jin Wook Kim

Click on "send" without entering any search parameters.


World Bank Policy Research Programme: PRP has recently released several new working papers. See the list at:

New Papers are: 4781-4786

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: 3818-3840


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 2008.

The new papers are numbered 2467-2471


Centre d'Etudes de Populations, de Pauvreté et de Politiques Socio-Economiques / International Network for Studies in Technology, Environment, Alternatives, Development--Integrated Research Infrastructure in the Socio-economic Sciences (CEPS/INSTEAD--IRISS) [Differdange, Luxembourg]:

A. "Measuring Inequality of Opportunity through Between-Group Inequality Components," by Antonio Abatemarco (IRISS Working Papers no. 2008-11, November 2008, .pdf format, 18p.).


Opportunity egalitarians support rich-to-poor redistribution whenever this allows for the compensation of income disparities due to non-responsible choices (circum- stances). In this paper we investigate the measurement of opportunity inequality within Roemer’s (1993) pragmatic theory where equally subgroup ranked individuals are assumed to be equally responsible. Given entropy-based, deprivation-based and welfaristic inequality decomposition procedures, we show that the between-group Gini index - obtained from the two-components decomposition (Dagum 1997) - is the only between-group inequality index satisfying the Pigou-Dalton principle of transfer as reformulated for opportunity egalitarianism.

B. "Trends in Income Inequality, Volatility and Mobility Risk," by Austin Nichols (IRISS Working Papers no. 2008-10, November 2008, .pdf format, 41p.).


There has been a renewed interest in recent years in income inequality, economic mobility, and income volatility. I define an aggregate measure of income risk as half the squared coefficient of variation of incomes measured over both people and time, which can be decomposed into an inequality component measuring dispersion in mean incomes, a volatility component measuring the average dispersion of fluctuations about person-specific trends, and a mobility component measuring the dispersion of person-specific trends. I apply this decomposition to the Panel Study of Income Dynamics to characterize trends in inequality, volatility, and mobility over the last several decades in the United States. I also examine changes in the regressivity of income growth over time.


Institute for Fiscal Studies (London, UK):

A. "'Klin'-ing up: effects of Polish tax reforms on those in and on those out," by Leszek Morawski and Michal Myck (W08/12, November 2008, .pdf format, 30p.). Links to an abstract and full text are available at:

B. "Decomposing changes in income risk using consumption data," by Richard Blundell, Hamish Low and Ian Preston (W08/13, November 2008, .pdf format, 52p.). Links to an abstract and full text are available at:


Banco Central De Chile/Central Bank of Chile:


WP 503: Banking Risk Exposure, by Rodrigo Alfaro, Daniel Calvo, and Daniel Oda

WP 504: Robust Learning Stability with Operational Monetary Policy Rules, by George W. Evans and Seppo Honkapohja


Bank of England:


WP 354: Estimating the determinants of capital flows to emerging market economies: a maximum likelihood disequilibrium approach," by Guillermo Felices and Bjorn-Erik Orskaug

WP 355: The network topology of CHAPS Sterling, by Christopher Becher, Stephen Millard and Kimmo Soramäki

WP 356: Measuring monetary policy expectations from financial market instruments, by Michael Joyce, Jonathan Relleen and Steffen Sorensen


Central Bank of Ireland:

NEW: WP 8/RT/08: Quantifying the Impact of Oil Prices on Inflation," by Colin Bermingham


Bank of Spain:


WP 08-24: Price adjustments in a general model of state-dependent pricing," by James Costain and Anton Nakov

WP 08-25: Search cost and price dispersion in vertically related markets: the case of bank loans and deposits, by Alfredo Martín-Oliver, Vicente Salas-Fumás, and Jesús Saurina


New Economic Papers (NEP)-ALL. The latest list of New Economic Papers (Nov. 18, 2008).


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

The new paper is "Determinants of Household Hurricane Evacuation Choice in Flordia, by Daniel Solis, Michael Thomas, and David Letson

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

Journal of Development Economics (Vol. 88, No. 2, March 2009).

Journal of Industrial Economics (Vol. 56, No. 3, September 2008).

Journal of Law and Economics (Vol. 51, No. 4, November 2008).

Journal of Public Economics (Vol. 92, No. 12, December 2008).

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American Statistical Association: ASA has updated its employment page with listings through Nov. 25, 2008.


Chronicle of Higher Education:

Economics positions has been updated through Nov. 25, 2008.

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US Senate Judiciary Committee Hearing Testimony: "Helping Families Save Their Homes: The Role of Bankruptcy Law," a hearing held Nov. 19, 2008. A video transcript of this hearing (RealPayer format, running time: 1 hour, 43 minutes, 50 seconds) is also available at the site.

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Luxembourg Income Study: LIS has "added a new indicator for all datasets: Mean Equivalized Income" (Nov. 18, 2008). For more information see:


North American Transportation Statistics Database: "This report provides a comprehensive overview of transportation statistics in the United States, Mexico and Canada. Each language edition English, Spanish and French contains more than 30 data tables, supported by graphs, figures and maps. Statistics include modes of transportation, fuel consumption, number of passengers, fatalities and more.


Inter-University Consortium for Political and Social Research: ICPSR at the University of Michigan released several new datasets on Nov. 18, 2008 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:


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:

For new data or new editions of new data in the last month:

and pick "1 month" for either.

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Panel Study of Income Dynamics Bibliography Update: The University of Michigan Institute for Social Research PSID has recently added the following item to its bibliography. The entire bibliography can be searched or browsed in various ways at:

Agarwal, Sumit/ Chomsisengphet, Souphala and Mielnicki, Lawrence. Do Forbearance Plans Help Mitigate Credit Card Losses?. Journal of Family Economic Issues. 2008; 29(_):191-201.

Daunhauer, L. and Bundy-Fazioli, K. The Panel Study of Income Dynamics: Opportunities for the Study of Occupation.OTJR-Occupation Participation and Health. 2008; 28(3):141-142.

Eberharter, Veronika V. Intergenerational Income Inequality and Dynastic Poverty Persistence: Germany and the United States Compared. Research on Economic Inequality. 2008; 16(_):157-175.

Grafova, Irina and Stafford, Frank P. Persistent Smokers and the Wage Gap. Industrial and Labor Relations Review. 2009; In Press.

Han, Lu. Hedging House Price Risk in the Presence of Lumpy Transaction Costs. Journal of Urban Economics. 2008;64(_):270-287.

Lee, Chul-In. On-the-Job Human Capital Investment and Intertemporal Substitution: New Evidence on Intertemporal Substitution Elasticity. Journal of Economic Dynamics & Control. 2008; 32(_):3350-3375.

Ng, Irene Y. H.; Shen, Xiaoyi, and Ho, Kong Weng. Intergenerational Earnings Mobility in Singapore and the United States. Journal of Asian Economics. 2008; 62(81):10 pgs.

Wilhelm, Mark Ottoni. PRACTITIONERS' CORNER: Practical Considerations for Choosing Between Tobit and SCLS or CLAD EStimators for Censored Regression Models with an Application to Charitable Giving. Oxford Bulletin of Economics & Statistics. 2008; 70(4):559-582.

Zietz, Joachim and Zhao, Xiaolin. The Short-Run Impact of the Stock Market Appreciation of the 1980s and 1990s on U.S. Income Inequality. Quarterly Review of Economics and Finance. 2008; (in press):doi:10.1016/j.q.ref.2007.06.003.

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