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    GOVE’S GREATEST CONTRIBUTION?

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    By taking sides in the long-running ‘Reading Wars’ and terminating the existing model of early reading instruction with extreme prejudice, Michael Gove took one of the boldest, most contentious, unpopular and far-reaching decisions of his tenure as Education Secretary. This paper investigates the history, the battle lines, the weaponry and, if, indeed, he won the war, whether it resulted in more children in England being able to read. The results suggest that this, rather than his changes to curriculum and assessment, may be his greatest legacy

    THE WILDERNESS YEARS: AN ANALYSIS OF GOVES’S EDUCATION REFORMS ON TEACHER ASSESSMENT LITERACY

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    During Michael Gove’s educational reforms between 2010–2014, he imposed several policy changes that changed the nature of assessment in terms of grading, terminal examinations and classroom expectations. Despite his vision of England rising up the international league tables, there has been little change in England’s position and even signs of stagnation of attainment at upper secondary. This paper uses the Teacher Assessment Literacy in Practice (TALiP) framework to understand why the reforms associated with assessment have had little impact on attainment and reveals the devastating effect of such wholesale change to school assessment systems, without time or support to change, leaving teachers in a decade of assessment wilderness

    Tracking Errors and Their Determinants : Evidence from Japan-listed exchange-traded funds

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    The purposes of this study are to compare the tracking error between 53 sampled physical and 15 over-the-counter (OTC) swap-type exchange-traded funds (ETFs) on the Tokyo Stock Exchange, and to contribute to a better understanding of the impact of selected determinants on the daily tracking error. The sample synthetic ETFs are found having higher tracking error than the sampled physical ETFs. The synthetic-type ETF managers may be difficult in using derivatives to replicate the benchmark performance. A panel regression model with cross-section fixed effects indicates the tracking error of the sampled physical ETFs is negatively related to size but positively related to expense ratio, dividend yield, trading volumes, market risk, and number of constituents in the target indexes. The results conform with the hypotheses that the expense, delay in receiving dividends, the trading cost and the market risk may erode the tracking ability; on the other hand, the economies of scale will improve the tracking ability. This study may help to raise a broader discussion of potential tracking error determinants and to provide some new insights

    Does the impact of the COVID-19 pandemic influence the FX? A note.

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    This note shows that the effective response of a country in its battle against COVID-19 influences the exchange rate of its currency. Particularly, we examine the GBPUSD, AUDUSD and AUDGBP pairs of currency during the COVID-19 outbreak and the results show that the domestic currency of the country which documents more COVID-19 cases in each pair is depreciated against the foreign one. Therefore, a country which cannot effectively mitigate the impact of COVID-19 and whose currency is depreciated may present further economic consequences in the future. Such consequences extend beyond economic recession and may include sovereign and interest rate risk. These findings may be useful for policy makers in order to estimate the cost of the pandemic

    Is There a Method to Madness? Predicting Success of Bollywood Movies

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    The objective of the study is to develop a parsimonious model to predict the box office success of a Bollywood movie before its release. A movie is considered successful if the revenue generated is greater than its budget, in other words, a Revenue to Budget Ratio (RBR) greater than 1. An original data set of 1698 Hindi movies released across a period of 13 years is used to identify the success factors of a movie in the Indian context. Predictive models are developed using traditional methodologies like multiple regression and logistic regression, as well as, contemporary approaches like regression trees and classification trees. The results highlight a unique mix of elements that a producer should consider to ensure the success of a movie in the highly competitive Indian movie market

    Why Women are not in The Live Poker Room and The Evidence on How This Could Change

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    A disproportional number of women who play poker can be found in the live poker room.  Despite the interest of casinos to draw more women to poker, the strategies implemented to increase interest and participation in poker tournaments for women has not improved turnout.  This is the second phase of an exploratory study to examine industry barriers for women in poker.  A survey was administered in which 309 poker players were questioned as to their poker habits, 35% female, 55% male. This study reveals key findings that are statistically significant as women have key factors that vary their experiences to men, which has little coverage in previous academic studies. Key findings include; (1) Women are more likely to play tournament style games that range from 100100-499 buy in levels than men, (2) Women are more likely to experience intimidation in the live poker room and of all poker players who experience negative experiences (intimidation, bullying, theft, etc.), women are more likely to feel the issue was NOT resolved to their satisfaction.  This secondary study furthers the initial exploratory study and will provide implications for growth to this key segment of the $40 billion-dollar industry

    BOOK REVIEW: Fear is the Mind Killer. Dr James Mannion & Kate McAllister

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    Reviewed by Brian Mars

    The Roaring 2020s: Changing Priorities of Casino Customers

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    COVID-19 has accelerated change in the casino sector, and it is likely to impact the performance of this industry for years. This study evaluates the potential for casinos to bounce back to pre-pandemic levels by addressing changing perceptions and priorities of their customers. A national survey of US casino customers was conducted to provide insight into what gamblers would like to see and, more importantly, what they expect from casinos when they return. The results offer implications for health and safety mitigation, vaccination protocols, and the preferences of loyal casino customers and “Big Spenders”.&nbsp

    Introduction

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    The Denning Law Journal Team is very pleased to bring you the 2020 edition. In a year of unprecedent challenges and changes, we would especially like to extend our thanks to our contributors who have provided an outstanding collection of articles, comments and book reviews. We also note the passing of a distinguished jurist, Ruth Bader Ginsburg, who was an Associate Justice on the United States Supreme Court. She was the second woman to serve on the United States Supreme Court and is noted as a proponent of civil liberties. This edition of the Denning Law Journal is dedicated to Ruth Bader Ginsburg and the legacy of her work in safeguarding and promoting civil liberties

    Book Review

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    Title: Catch and Kill: Lies, Spies and Conspiracy to Protect Predators Author: Ronan Farrow Publisher: Fleet/Little, Brown & Company, London Date of Publication: 2019 Hard Back, pp 448 (including endnotes) Title: She Said: Breaking the Sexual Harassment Story that Helped Ignite a Movement Authors: Jodi Kantor and Megan Twohey Publisher: Bloomsbury Circus/Bloomsbury, London Date of Publication: 2019 Hardback, pp 310 (including index) Title: Brave – A revealing and empowering memoir Author: Rose McGowan Publisher: HarperCollins Date of Publication: 2018 Hardback, pp. 245 (plus Author’s Note & Preface ix-xvi

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