Economics

Blacks & Puerto Ricans in New York City: The Reconfiguration of Race & Racism

Blacks & Puerto Ricans in New York City: The Reconfiguration of Race & Racism
in Latinos and Blacks in U.S. Cities, John Betancur and Douglas Gill (eds.) (Garland Press, NY 1999).

Stafford, W.W.& Bonilla, F.
10/01/1999

This edited collection examines joint efforts by Latinos and African Americans to confront problems faced by populations of both groups in urban settings (in particular, socioeconomic disadvantage and concentration in inner cities). The essays address two major issues: experiences and bases for collaboration and contention between the two groups; and the impact of urban policies and initiatives of recent decades on Blacks and Latinos in central cities.

Being Black, Living in the Red: Race, Wealth and Social Policy in America

Being Black, Living in the Red: Race, Wealth and Social Policy in America
Berkeley and Los Angeles: University of California Press.

Conley, D.
01/01/1999

What is more important--race or class--in determining the socioeconomic success of the blacks and whites born since the civil rights triumphs of the 1960s? When compared to whites, African Americans complete less formal schooling, work fewer hours at a lower rate of pay and are more likely to give birth to a child out of wedlock and to rely on welfare. Are these differences attributable to race per se, or are they the result of differences in socioeconomic background between the two groups?Being Black, Living in the Red demonstrates that many differences between blacks and whites stem not from race but from economic inequalities that have accumulated over the course of American history. Property ownership--as measured by net worth--reflects this legacy of economic oppression. The racial discrepancy in wealth holdings leads to advantages for whites in the form of better schools, more desirable residences, higher wages, and more opportunities to save, invest, and thereby further their economic advantages.Dalton Conley shows how factoring parental wealth into a reconceptualization of class can lead to a different future for race policy in the United States. As it currently stands, affirmative action programs primarily address racial diversity in schooling and work--areas that Conley contends generate paradoxical results with respect to racial equity. Instead he suggests an affirmative action policy that fosters minority property accumulation, thereby encouraging long-term wealth equity, or one that--while continuing to address schooling and work--is based on social class as defined by family wealth levels rather than on race.

Between the Market and State: Can Informal Insurance Patch the Safety Net?

Between the Market and State: Can Informal Insurance Patch the Safety Net?
World Bank Research Observer, 14 (2), August 1999, 187 - 207.

Morduch, J.
01/01/1999

Examines use of informal insurance arrangements in households of low-income countries. Relationship between household consumption and income; Ways in dealing economic hardships; Systems of reciprocal transfers; Role of public policy in reducing economic vulnerability; Overview on microcredit, insurance and employment guarantee schemes.

Employment and Retirement Following a Late Career Job Loss

Employment and Retirement Following a Late Career Job Loss
American Economic Review 89(2), May 1999, pages 211-216.

Chan, S. & Stevens, A.H.
01/01/1999

The frequency of job loss among workers in late career has risen disproportionately in recent years. During the early 1980s, displacement rates for 55-64 year olds were the lowest of any age cohort but by the recession of the early 1990s, they had the highest rates (see Farber [1997]). The effects of job loss on these workers are potentially severe: their earnings capacity, savings, and retirement expectations are likely to be dramatically affected and they may take substantially longer to be re-employed. However, despite these reasons for heightened concern, relatively little is known about the economic consequences of late career job loss among recent cohorts of workers. Empirical estimation of dynamic retirement models and analyses of retirement behavior in general have usually ignored involuntary job losses, and many recent studies of post-displacement outcomes have been limited to younger and mid- career workers. Given the changes in labor force participation, retirement rates and the nature of displacement over the past decade, it is important to document the effects of job loss on more recent cohorts of older workers. This paper presents findings from an ongoing research project that focuses on the economic impacts of late career job loss on employment and retirement patterns, as well as on earnings and assets.

Essentials of Cost Accounting for Health Care Organizations

Essentials of Cost Accounting for Health Care Organizations
2nd Edition, Aspen Publishers, Inc., Gaithersburg, MD, 469 pages. Currently published by Jones & Bartlett.

Finkler, S.A. & Ward, D.M.
01/01/1999

Essentials of Cost Accounting for Health Care Organizations, Second Edition is a comprehensive text that applies the tool and techniques of cost accounting to the health services field. It is an essential tools for all professionals who need to deal with the challenges of managing health facilities in a difficult economic environment.

The Role of Subsidies in Microfinance: Evidence from The Grameen Bank

The Role of Subsidies in Microfinance: Evidence from The Grameen Bank
Journal of Development Economics, 60, October 1999, 229-248.

Morduch, J.
01/01/1999

Focuses on the role of subsidies in microfinance as evidenced by the Grameen Bank of Bangladesh. Difficulties in maintaining high repayment rates; Role of the bank in alleviating poverty; Recognition of the myriad benefits that have been attributed to program participation.

Using Adjusted Performance Measures for Evaluating Resource Use

Using Adjusted Performance Measures for Evaluating Resource Use
Public Budgeting and Finance, Volume 19, No. 3, Fall .

Stiefel, L., Schwartz, A.E. & Rubenstein, R.
01/01/1999

Public service organizations are looking for ways to improve the evaluation of performance and resource allocation. One of the approaches is to use adjusted performance measures, which attempt to Capture factors that affect the organizational performance but are outside of the organization's control. This article illustrates the construction and use of adjusted performance measures to assess the performance of public schools, and reports findings from a study of school-based budgeting in Chicago that relates adjusted performance measures and patterns of budget allocations.

Pages

Subscribe to Economics