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Author: Pia M. Orrenius
Publisher: DIANE Publishing
Keywords: jobs, riskier, work, immigrants
Number of Pages: 28
Published: 2010-02
ISBN-10: 1437924336
ISBN-13: 9781437924336

Recent reports suggest that immigrants are more likely to hold jobs with worse working conditions than U.S.-born workers, perhaps because immigrants work in jobs that ⿿natives don⿿t want.⿿ Despite this widespread view, earlier studies have not found immigrants to be in riskier jobs than natives. This study combines individual-level data from the 2003⿿2005 American Community Survey on work-related injuries and fatalities to take a fresh look at whether foreign-born workers are employed in more dangerous jobs. The results indicate that immigrants are in fact more likely to work in risky

Author: John Krainer
Publisher: DIANE Publishing
Keywords: loan, performance, relative, securitization, mortgage
Number of Pages: 35
Published: 2010-08
ISBN-10: 1437931189
ISBN-13: 9781437931181

Compares the ex ante observable risk characteristics and the default rates of securitized mortgage loans and mortgage loans retained by the original lender. Privately securitized loans tend to be riskier and to default at a faster rate than loans securitized with the GSEs and lender-retained loans. The differences in default rates across investor types are of secondary importance for explaining mortgage defaults compared to more conventional predictors, such as original loan-to-value ratios and the path for house prices. Privately securitized home mortgages have conditionally higher expected r

Author: Mark M. Spiegel
Publisher: DIANE Publishing
Keywords: japan, bang, deregulation, evidence, services, entry, underwriting, foreign
Number of Pages: 41
Published: 2010-10
ISBN-10: 1437933866
ISBN-13: 9781437933864

Examines the impact of foreign underwriting activity on bond markets using issue-level data in the Japanese ¿Samurai¿ and euro-yen bond markets. Firms choosing Japanese underwriters tend to be Japanese, riskier, and smaller. Japanese underwriting fees, while higher overall on average, are actually lower after conditioning for issuer characteristics. The authors conducted a matching exercise to examine the 1995 liberalization of foreign access to the ¿Samurai¿ bond market, using yen-denominated issues in the euro-yen market as a control. Foreign entry led to a significant decrease in underw

Author: Hans Binnendijk
Publisher: University Press of the Pacific
Keywords: military, america’s, transforming
Number of Pages: 428
Published: 2003-08-01
ISBN-10: 1410207943
ISBN-13: 9781410207944

Military transformation is the act of creating and harnessing a revolution in military affairs. It requires developing new technologies, operational concepts, and organizational structures to conduct war in dramatically new ways. The United States is undertaking such a transformation to tackle its 21st century missions. A properly transformed military can develop significant advantages over a potential enemy. But the process also introduces risks that, if not properly managed, could dangerously undermine military capability. This book, therefore, sets out the arguments for a purposeful and

Author: Pierre-Laurent Chatain
Publisher: World Bank Publications
Keywords: money, risks, laundering, terrorist, financing, mitigating, measures, mobile, phone, financial, services, integrity
Number of Pages: 98
Published: 2008-05
ISBN-10: 0821375563
ISBN-13: 9780821375563

Governments are challenged to make an innovation-friendly climate while simultaneously ensuring that business development remain sustainable. Criminal use of the technology-terrorist financing and money laundering-challenges long-run business viability via risk of massive investment flight and public distrust of new players entering the market.Sustainable business models are those that base regulation on a careful risk-based analysis. This study identifies the perceived risks and compares them with the actual level of risk for each category of mobile phone financial services. The comparison re

Author: Organisation for Economic Co-operation and Develop
Publisher: OECD Publishing
Keywords: implications, impact, evidence, business, internationalisation
Number of Pages: 111
Published: 2008
ISBN-10: 9264044043
ISBN-13: 9789264044043

Globalization is quickly reshaping the international economic landscape, resulting in an increasing global supply of science and technology (S&T) resources and capabilities. China and India, for example, have taken their place as important players with a growing capacity for research and innovation. As global competition intensifies and innovation becomes riskier and more costly, the business sector is internationalizing knowledge-intensive corporate functions, including R&D. Firms increasingly offshore R&D activities to other countries to sense new market and technology trends worldwide. Over
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