318 research outputs found
Recommended from our members
Polsky featured in the International Business Times
No full textPolsky featured in the International Business Times Tuesday, April 25, 2017
Shackelford Distinguished Professor in Taxation Law Gregg D. Polsky was featured the International Business Times regarding his thoughts on eliminating tax provisions that allow Wall Street money managers to pay a lower tax rate on their compensation than most middle-class people pay on their income. The article titled Will Hedge Fund Millionaires Flee South If They Face Higher Taxes? Wall Street Fights Move to Close Loophole was written by Josh Keefe and David Sirota and published 4/25/17.
Read the full articl
Polsky featured in the International Business Times
No full textPolsky featured in the International Business Times Tuesday, April 25, 2017
Shackelford Distinguished Professor in Taxation Law Gregg D. Polsky was featured the International Business Times regarding his thoughts on eliminating tax provisions that allow Wall Street money managers to pay a lower tax rate on their compensation than most middle-class people pay on their income. The article titled Will Hedge Fund Millionaires Flee South If They Face Higher Taxes? Wall Street Fights Move to Close Loophole was written by Josh Keefe and David Sirota and published 4/25/17.
Read the full articl
Changes in Job Stability and Job Security: A Collective Effort to Untangle, Reconcile, and Interpret the Evidence
No full textI synthesize and summarize a set of recent papers on changes in the employment relationship. The authors of these papers present the most up-to-date and accurate assessment of their evidence on changes in job stability and job security, and attempt to reconcile their evidence with the findings of other research, including the other papers discussed herein. Some of papers also begin to explore explanations of changes in the employment relationship. The evidence suggests that the 1990's witnessed some changes in the employment relationship consistent with weakened bonds between workers and firms. But the magnitudes of these changes indicate that while these bonds may have weakened, they have not been broken. Furthermore, the changes that occurred in the 1990's have not persisted very long. It is therefore premature to infer long-term trends towards declines in long-term employment relationships, and even more so to infer anything like the disappearance of long-term, secure jobs. The papers examining sources of changes in job stability and job security in the 1990's point to some potential explanations, including relative wage movements, growth in alternative employment relationships, and downsizing. However, with the possible exception of the first of these, this list does not encompass fundamental' or exogenous changes impacting the employment relationship, but rather to some extent suggests how various changes in the employment relationship may reinforce each other. Understanding the structural changes underlying empirical observations on changes in job stability and job security is likely to be a fruitful frontier for future research on the employment relationship.
Author of \u27The Soloist\u27 to Speak
No full textSteve Lopez, author of The Soloist, will speak at 9:30 a.m., Thursday, November 5, in Polsky Theatre as part of the JCCC scholar in residence program
La citoyenneté européenne et les femmes
No full textEuropean citizenship and women
The contribution of Eliane Vogel-Polsky on "European citizenship and women" is based on the conviction that European citizenship will be the decisive test for the political future of women in the European Union. The establishment of the Union could be a real incentive to progress if it meets the requirements of active and responsible citizenship exercised equally by all citizens, men and women. On the basis of the concept of European citizenship incorporated in the Treaty of the Union, the author shows how a solution can be found to the confiscation of political power by men (a situation observed in all Member States and in the decision-making practice in the Community) and to the systematic under-representation of women in political, economic, social and cultural decision-making spheres, by pursuing the objective of protecting the rights and interests that European citizens derive from the Treaty. The institutionalization of democratic parity in political structures and the decision-making process is an urgent democratic responsibility which must be clearly tackled in 1996 at the time of the review of the Treaty.Vogel-Polsky Éliane. La citoyenneté européenne et les femmes. In: Les Cahiers du GRIF, n°48, 1994. Les femmes et la construction européenne. pp. 9-43
The Burden of Health Care Costs for Working Families
No full textHealth care spending represents a growing share of our national income, and based on current projections, will increase from 16% of the gross domestic product today to 20% by 2018. What does this mean for typical working families with private health insurance, who shoulder the financial burden of maintaining the current system? In this Issue Brief, Polsky and Grande construct a typical health care budget for working families of various income levels, calculate the percentage of total compensation devoted to health care over time, and project how rising health care costs will affect standards of living in the future. Their findings remind us that what works today also has to work tomorrow. Sustainability depends critically on successful cost containment
How corporate governance and globalization can run afoul of the law and good practices in business: The Enron's disgraceful affair.
No full textThe purpose of this paper is to set out the Enron’s demise into the perspective of Corporate and Global Governance. To accomplish this target, the incremental cash flow model is expanded to give room for governance issues, while a functional introduction to information sets is developed, including bounded rationality, asymmetric information, opportunistic behavior, transaction costs and agency problems. Then, corporate governance is linked to globalization by means of some recent approaches that go beyond a narrow economic mindset to encompass a far-reaching dynamics. Taking advantage of such background, the Enron’s story is tracked down over a span of fifteen years since its starting day to its bankruptcy filing. Leading events are explained from corporate and global governance viewpoints, while an in-depth analysis is worked out on Enron’s complex game of deception and breach of contracts: the outrageous affiliated limited partnerships, the lavish pay package to its executives, the involvement with global governance through the Indian affair and the Taliban connection. It is for the incremental cash flow model to explain malfeasance with cash flows from assets, and how cash flows to creditors were actually contrived. Furthermore, to highlight how cash flows were swindled from stockholders and, finally, how Enron made wheeling and dealing with cash flows on behalf of its managers.corporate governance, global governance, incremental cash flow model, globalization, information sets, good practices.
Job Loss and the Decline in Job Security in the United States
No full textJob tenure and the incidence of long-term employment have declined sharply in the United States. However, rates of job loss as measured by the Displaced Workers Survey (DWS), while cyclical, have not increased. This presents a puzzle that has several potential solutions. One is that, while overall rates of job loss have not increased, rates of job loss for high-tenure workers have increased relative to those for lower-tenure workers. Another is that there has been an increase in rates of job change that is not captured in the limited questions asked in the DWS. Some of this seemingly voluntary job change (e.g., the taking of an offered buy-out) may reflect the kind of worker displacement that the DWS was meant to capture but is not reported as such by workers. In this study, I address these issues by 1) documenting the decline in job tenure and longterm employment using data from various supplements to the Current Population Survey (CPS) from 1973-2006, 2) documenting the lack of secular change in rates of job loss using data from the DWS from 1984-2006, and 3) exploring the extent to which the observed patterns result from a relative increase in rates of job loss among high-tenure workers. I find that these has been no such relative change and that reconciliation of the trends in the tenure and displacement data must lie with a failure to identify all relevant displacement in the DWS.
Tuning out the Electorate: Early Network Projections and Decreased Voter Turnout
No full textThe author offers evidence that television and radio coverage of elections prior to the closing of polls nationwide influences election results and thereby interferes with the electoral process. The author examines several possible solutions and concludes that the most effective solutions are restrictions on exit-polling and prohibitions against early broadcasts of election result projections. Acknowledging that such restrictions or prohibitions raise first amendment issues, the author argues that the primary purpose of the first amendment is protection of our system of self-government. The author concludes that broadcasts of early election projections deter people from voting and that the first amendment right to broadcast these projections must yield to the more basic right of the American people to exercise their right to vote unaffected by early election projections
- …
