Faculty Research Activity
August 2006
ACCEPTED PAPERS
Bob Clark
Robert Clark, Naohiro Ogawa, Sang-Hyop Lee, and Rikiya Matsukura, “Older Workers and National Productivity in Japan,” Population and Development Review, forthcoming.
Japan provides an interesting opportunity for a case study of retirement decisions and their effect on productivity and growth. Japan has the most rapidly aging population in the world and one of the highest life expectancies. Despite rapid economic development, a mature social security system, and the wide spread use of mandatory retirement, the proportion of Japanese who remain in the labor force at older ages is relatively high. In this paper, we examine the retirement decisions of a cohort of older Japanese who were aged 65 and older in 1999 employing data from the first two waves of the Nihon University Japan Longitudinal Study of Aging (NUJLSOA). Combining the findings from the NUJLSOA with several other national surveys, we investigate the potential impact of institutional changes in employment and retirement policies on the potential for keeping older workers in the labor force as a means of sustaining the work force in the coming decades. If health status continues to improve and life expectancy at age 60 continues to increase, we would expect that more Japanese over the age of 60 will desire to remain in the labor force. However, changes in industrial relations policies are needed to accommodate the desire for prolonged worklife. Evidence suggests that elimination of employment restrictions that currently confront older workers and already legislated changes in social security benefits will raise the employment rates of older persons. Increases in the proportion of persons age 60 and older provides the opportunity for Japan to offset the projected declines in its labor force.
Rikiya Matsukura, Naohiro Ogawa, Robert Clark, Kazuo Nemoto, and Katsuya Akaike, "Japan’s Changing Demographic Structure and Its Employment Status Patterns," The Japan Economy, forthcoming.
Japan's economic development has been achieved through a demographic structure characterized by total fertility rate decline and increasing longevity. These changes in the demographic structure have had an impact on such factors as economic growth, savings rates, and labor productivity, and have helped Japan grow. However, as the pace of population aging accelerates due to birth rate decline, and the workforce population decreases, there are concerns that economic growth could suffer. This report uses data from the Employment Status Surveys conducted from 1982 to 2002 to study the potential pool of workers that will be able to sustain Japan's workforce over the next 10 years.
Robert Clark and Lee Craig, “A History of Employer Pension Plans,” Financial History, forthcoming. No abstract available.
Eileen Taylor
Neset Hikmet, Eileen Taylor, and Christopher J. Davis, “The Student Productivity Paradox: Technology Mediated Learning in Schools,” Communications of the Association for Computing Machinery (CACM). No abstract available.
Walt Wessels
"A Test of the Increment-Decrement Method of Estimating Worklife," Journal of Forensic Economics.
This paper compares the actual duration of persons in the labor force with the duration predicted by the increment-decrement (ID) method. The ID method was developed by Hoem 1977, Smith 1982, and others for estimating how long people will be in the labor force, either working or looking for work. The ID method predicts that by observing whether someone is in or out of the labor force at a point in time, one can predict, with its methodology, how many years they are likely to subsequently be in the labor force. This paper uses longitudinal data to test the validity of the ID methodology. It finds that the actual duration of those initially in the force (called “actives”) is sizably longer those who were initially inactive. Further, more importantly, the actual years in the labor force for both actives and inactives are close to what the ID methodology predicts.
OTHER PUBLICATIONS
Bob Clark
Rikiya Matsukura, Naohiro Ogawa, Robert Clark, Kazuo Nemoto, and Katsuya Akaike, Japan’s Changing Demographic Structure and Its Employment Status Patterns, Tokyo: Nihon University Population Research Institute, published in Japanese.
Robert Clark, Naohiro Ogawa, and Andrew Mason (eds.), Population Aging,Intergenerational Transfers and the Macroeconomy, Camberley, UK: Edward Elgar Publishing, forthcoming.
Robert Clark, Naohiro Ogawa, and Rikiya Matsukura, “Population Aging, Changing Retirement Policies, and Lifetime Earnings Profiles,” in Robert Clark, Naohiro Ogawa, and Andrew Mason (eds.), Population Aging,intergenerational Transfers and the Macroeconomy, Camberley, UK: Edward Elgar Publishing, forthcoming.
David Hyman
David N. Hyman, ECONOMICS, Interactive 6th Edition, (dotlearn.com)
PRESENTATIONS
Ted Baker
Tim Pollock, Ted Baker & Bret Fund. "Learning to Govern? Venture Capitalists and the Replacement of Founder-CEOs in IPO Firms" Versions of this paper were presented at: Academy of Management Annual Meeting, Atlanta, GA, August, 2006; “Breaking Boundaries,” First Annual London Business School Entrepreneurship Conference, London, England, May, 2006; Second Annual Smith Conference on Innovation and Technology, College Park, Maryland, April, 2006.
Yan Gong, Ted Baker & Anne S. Miner. Learning from Failure in Knowledge-Intensive New Firms, Academy of Management Annual Meeting, Atlanta Georgia; August, 2006.
Ted Baker. Emerging themes in Entrepreneurship Research. Invited presentation from the Entrepreneurship Division Research Committee. Academy of Management Annual Meeting, Atlanta Georgia; August, 2006.
Ted Baker. Entrepreneurship under Resource Constraints. Professional Development Workshop Seminar. Academy of Management Annual Meeting, Atlanta Georgia; August, 2006.
Joe Brazel
“What Can Nonfinancial Measures Tell Us About the Likelihood of Fraud?” with Keith Jones and Mark Zimbelman. Presented at the 2006 AAA Annual Meeting, Washington, D.C.
“The Effect of Audit Review Format on the Quality of Workpaper Documentation and Reviewer Judgments,” with Christopher P. Agoglia and Richard C. Hatfield. Presented at the 2006 AAA Annual Meeting, Washington, D.C.
“The Effect of ERP System Implementations on the Usefulness of Accounting Information,” with Li Dang. Presented at the 2006 AAA Annual Meeting, Washington, D.C.
Bob Clark
“Population Aging, Changing Retirement Policies, and Lifetime Earnings Profiles,” at Population Aging, Intergenerational Transfers, and the Macroeconomy, Tokyo, June 26-28, 2006. Conference sponsored by Nihon University Population Research Institute, East-West Center, Institute for Futures Studies, Vienna Institute of Demography, and Harvard Center for Population and Development Studies.
“Social Security in Asia,” at National Transfer Accounts Workshop, Tokyo, August 17-23. Workshop sponsored by the Nihon University Population Research Institute and the United Nations Population Fund.
Steve Margolis
Steve Margolis, "The Profits of Infringement: Richard Posner v. Learned Hand." 5th Annual Congress of the Society for Economic Research on Copyright Issues, Singapore, June 2006. He also chaired a session titled Copyright Law Parameters.
Art Padilla
Art Padilla, “Cuban Culture and Castro’s “Destructive Leadership Style,” presented at Raleigh International Spy Conference, August 2006; also broadcast on C-SPAN.
Bob Peace
Bob Peace, "The Influence of an Undergradaute Major on the Moral Development of Graduate Students in a Professional Graduate Degree Program" at the International Perspectives on Accounting Conference in Wales in July and the American Accounting Association annual meeting in Washington, DC August 8, 2006
Denis Pelletier
Denis Pelletier and William McCausland, “Drawing Stochastic Volatility,” Seminar on Bayesian Inference in Econometrics and Statistics, April 28-29, 2006 University of Iowa; also presented at Financial Econometrics Conference, May 5-6, 2006, Montreal
Denis Pelletier, with Peter Christoffersen, and Jeremy Berkowitz, “Evaluating Value-at-Risk Models with Desk-Level Data” North American Summer meeting of the Econometric Society, June 22-25, 2006, Minneapolis, MN
John Seater
John Seater and Pietro Peretto, "Augmentation or Elimination?" DEGIT XI (Dynamics, Economic Growth, and International Trade; eleventh annual conference) Jerusalem, Israel, 25-27 June
Beverly Tyler
Lawson, B., Tyler, B.B., and Cousins, P.D. (2006). “Social Capital Effects on Relational Performance Improvement: An Information Processing Perspective.” Presented at the Academy of Management Annual Meeting. Atlanta, Georgia. Accepted for publication in the Academy of Management Best Paper Proceedings.
Appleyard, M.M., Tyler, B.B., Wang, C.Y., and Garten, D. (2006). “Managing R&D Alliances in the Presence of Knowledge Fusion.” Presented at the Academy of Management Annual Meeting. Atlanta, Georgia.
Bercovitz, J, and Tyler, B.B. (2006). “Contracting between Corporate Sponsors and Academic Researchers.” Presented at the Academy of Management. Atlanta, Georgia.
Paul Williams
Sara Reiter and Paul F. Williams, "Sarbanes-Oxley and the Accounting Profession: Public Interest Implications," presented at the American Accounting Association 11th Annual Ethics Research Symposium, Washington, D.C., August 5, 2006. Abstract published in proceedings.
Paul F. Williams, Greg Jenkins and Laura Ingraham, "The Winnowing Away of Behavioral Accounting Research in the U.S.: The Process of Anointing Academic Elites," presented at the American Accounting Association annual meeting, Washington, D.C. August 9, 2006; abstract published in proceedings.
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