1,721,191 research outputs found
Post-Brexit work visa quotas on EU nationals are likely to favour graduates
Businesses that rely on low-skilled EU labour may face hiring difficulties, writes Jonathan Wadsworth. He argues that post-Brexit work visa quotas on EU nationals will probably favour graduates
In brief: Chernobyl: the long-term health and economic consequences
Hartmut Lehmann and Jonathan Wadsworth assess the long-lasting effects of radiation exposure from the Chernobyl disaster on the people of Ukraine.Chernobyl, health, labour market performance
Jobs in the recession
The recession of 2008-09 inflicted a larger cumulative loss of UK output than any of the previous post-war recessions, yet there has been a relatively low loss of employment, at least so far. Paul Gregg and Jonathan Wadsworth look for an explanation.labour market, recession, unemployment, wages
First partner event of the CGIAR Antimicrobial Resistance Hub: Jonathan Wadsworth
The World Bank Group's Jonathan Wadsworth talks about the importance of the CGIAR Antimicrobial Resistance (AMR) Hub, which was launched 21 February 2019 at ILRI in Nairobi, Kenya. Scientists working at this ILRI-hosted hub aim to help reduce agriculture-associated antimicrobial resistance in low- and middle-income countries. Working in a wealth of partnerships with national governments and agencies, the hub will apply one-health approaches to managing agriculture-associated antimicrobial risks
House Price Booms and the Current Account
A simple open economy asset pricing model can account for the house price and current account dynamics in the G7 over the years 2001-2008. The model features rational households, but assumes that households entertain subjective beliefs about price behavior and update these using Bayes' rule. The resulting beliefs dynamics considerably propagate economic shocks and crucially contribute to replicating the empirical evidence. Belief dynamics can temporarily delink house prices from fundamentals, so that low interest rates can fuel a house price boom. House price booms, however, are not necessarily synchronized across countries and the model correctly predicts the heterogeneous response of house prices across the G7, following the fall in real interest rates at the beginning of the millennium. The response to interest rates depends sensitively on agents' beliefs at the time of the interest rate reduction, which are a function of the prior history of disturbances hitting the economy. According to the model, the US house price boom could have been largely avoided, if real interest rates had decreased by less after the year 2000.interest rates, house prices, short-term capital movements
Going Beyond Counting First Authors in Author Co-citation Analysis
The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Hi ho silver lining? What firms need to think about as New Zealand ages
This report argues that the ageing New Zealand population will see fewer productive workers in proportion to the number of retirees which will drive up wages, and that firms need to prepare.
Key findings:
Ageing will impact on firms’ costs of doing business
New Zealand’s ageing has a profound impact on the costs of producing goods and services. Ageing shrinks the future pool of labour as a fraction of society. That drives up wages as firms bid for talent.
As firms respond, we show higher wages reduce output in labour - intensive sectors like manufacturing. This continues the long - run trend in that sector with firms moving away from competing on cost and moving toward competing in niche manufacturing based on specialised knowledge and expertise .
Opportunities from changes in demand for firms who adapt
Challenges and opportunities exist on the demand side too. Consumption effects are driven by:
(i) how our needs and desires change at different points of our lives
(ii) how consumption by a particular age changes over time: today’s sixty - year old is not the same as the sixty - year old of yesteryear.
Some changes to demand for goods and services will be clear and industry specific: health, travel and insurance are likely to profit from an older population.
But demand changes can be subtle.
Firms will need a plan to make the most of shifting opportunities in their sector.
Global and regional factors intensify the impact of ageing
New Zealand is also ageing unevenly. Some regions show the impact of in-flows of older cohorts at the same time as opportunities in urban areas offshore are hollowing out younger cohorts. This amplifies the impact on regional labour markets and will shift regional patterns of demand.
Meanwhile global competition for talent will amplify the impacts of labour in short supply further bidding up wages. If the environment for producing labour - intensive goods is challenging now, higher wages make that environment look even tougher
Variations on the Author
“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
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