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(Garden Grove, CA) July 19, 2013 – Question: What is the best way to create a theatrical comedy that incorporates mistaken identity with slapstick hilarity? Answer: Be sure to have characters that are twins. William Shakespeare went the full gambit with this comedic methodology in his farcical The Comedy of Errors, where he utilized two sets of twins to create mischievous chaos. But with Twelfth Night (or What you Will), his beloved Viola and Sebastian become the catalysts of madcap in the small country of Illyria, where a duke tries to romance a countess and a group of malcontents—lead by a man named, ahem, Belch—try to embarrass an uptight puritan named Malvolio. In the hands of a seasoned theater company, these antics that occur in Twelfth Night can appeal to even those who experience a Shakespearean production for the first time. And this most certainly applies to a certain theater group in Orange County. Led by the talented Karissa Vacker, John Frederick Jones and especially John Walcutt, Shakespeare Orange County's season opener is a romantic and humorous crowd pleaser.
It all begins with a storm and song; in the latter case, a song given by a wise fool named Feste (played with sophisticated charm and wit by co-director Alyssa Bradac, who has grown phenomenally through her many appearances at Shakespeare Orange County). As the rains fall, Viola (Karissa Vacker) washes up on the shores of Illyria. Saddened in thinking that her twin brother Sebastian (Shaun Anthony) perished in the tempest, Viola adapts to the new land, disguises herself as a young man named Cesario, and soon offers her (his) services to Duke Orsino (Jeffrey James Lippold). The proud duke orders his young page to send romantic messages to the Countess Olivia (Marisa Costa) on his behalf. Meanwhile, Sir Toby Belch (John Frederick Jones)—a randy, drunken rogue and cousin to Olivia—plots a devious scheme to embarrass and shame the countess's steward Malvolio (John Walcutt), a pompous civil servant who rarely, if ever, smiles. With the help of the doltish fop Sir Andrew Agucheek (an effectively effete Kevin Swanstrom), the brassy maid Maria (a hilariously sexy Amanda Arbues), Feste, and a servant named Fabian (a charismatic Michael Drace Fountain), Belch sets his plans into motion. But when Viola and Sebastian enter the picture, all these meticulous plans go out the window and outrageous adventures occur.
One of the main challenges that an actress faces in playing Viola (while in disguise as Cesario) is she must have the ability to walk that fine line by showing the former's tender sensitivity but also exuding a type of distinguished chivalry that composes the male disguise, without it being overly masculine and stereotypical. And Vacker's portrayal of this heroine maintains that proper balance consistently throughout the production. She adds layers of polite dignity and strength when standing up to Olivia regarding the duke's love for her, even though Viola's own love for the duke slowly grows with each passing scene. Her stage presence, especially during her monologues to the audience, is strong and her comedic timing with Olivia is pitch-perfect. Vacker's chemistry with her main co-stars—Anthony, Lippold, and Costa—is flawless. This can be said for Anthony's Sebastian. Although his stage time is less than Vacker's, this SOC regular once again makes the most with his scenes by mixing courage with self-deprecating humor, especially when Olivia mistakes him for Cesario. Costa's Olivia combines a regal grace with a misguided determination to woo Cesario, not knowing Viola's true identity. And although Lippold's Orsino is a little stiff in the beginning of the play, he does relax later and adds comedic touches that enhance his leading-man stature.
But it is the comedic side story of Twelfth Night that adds the cherry to the cake, courtesy of two stage veterans. John Frederick Jones has been gracing the SOC stage since the beginning, always providing multilayered dimensionality with each character that he has portrayed. Jones's Belch is a rascal and a schemer, through and through. However, he interlaces his boorish crudity with moments of wit and class. His comedic chemistry is not only magical in terms of the laughs he generates for his own outlandish antics and his masterful eloquence of the Bard's poetics, but he also allows his younger co-stars that share the scenes with him—specifically Swanstrom, Fountain, and most notably Arbues—to organically evolve within their roles and shine with their own stage presence.
And this especially can be said for John Walcutt's Malvolio. With his appearances in Julius Caesar and Richard III, Walcutt has not only delivered powerhouse performances, he—like Jones—seems to bring more from his talented younger co-stars, never overwhelming them. And he does so here as the brooding Malvolio, finally showing his comedic side after playing psychopaths in his two previous appearances. Walcutt once again travels the unconventional road in painting Malvolio with slow brush strokes. He starts off patiently showing Malvolio as a humorless prig. But then during the famous "letter scene," Walcutt unpeels the repression away, showing subtle elements of, dare it be mentioned, Elvis-like playfulness. And when he's deceived into thinking the countess Olivia loves him, Walcutt lets loose with unrestrained abandon—wearing cross-gartered yellow stockings—while still giving touching expressiveness with his monologues. Best of all, Walcutt never demonizes Malvolio; he creates actual sympathy for this lonely man, which makes the practical jokers look like the villains in the end.
With these wonderful performances, as well as the fluidic direction of fellow Co-director Tomas F. Bradac, Twelfth Night becomes a pleasant season opener at Shakespeare Orange County, preparing the audiences for the blood and guts drama of their next production: The Tragedy of Macbeth.
Twelfth Night (or What You Will) opened July 18 and runs to August 3
Tickets: $32---714-590-1575
Shakespeare Orange County
The Festival Amphitheatre, 12740 Main Street, Garden Grove, CA
Photos by Amy Tabback and Jordan Kubat


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California's Gun-Seizure Program May Be a National Model
California has the nation's only program to confiscate guns from people who bought them legally but later became disqualified.
By Jessica Garrison
By law, Alexander Hernandez should have surrendered his gun to the state of California three years ago after a judge issued a restraining order against him for alleged domestic violence. He didn't.
So one night recently , when the 26-year-old was at home in Whittier with his toddler, eight armed agents from the California Department of Justice banged on his door and took it from him. Agents found the loaded .45-caliber handgun in a safe by his bed. Hernandez, who told the agents he had forgotten that he was supposed to turn in the weapon, was arrested on suspicion of illegally possessing a handgun, records show.
After assuring that the child had a baby-sitter, the agents drove off into the night in search of more illegal guns. Their quest took them across the San Gabriel Valley, from a retirement home to a gated community to a small house with rosebushes in front. In the living room of that house, a mother wept as agents arrested her son. A conviction for misdemeanor battery made it illegal for him to continue possessing his four guns.
California has the nation's only program to confiscate guns from people who bought them legally but later became disqualified. During twice-weekly sweeps over the last five years, agents have collected more than 10,000 guns.
But there are still more than 19,700 people on the state's Armed Prohibited Persons database. Collectively, they own about 39,000 guns. About 3,000 people are added to the list each year.
Clearing the backlog would cost $40 million to $50 million, according to Atty. Gen. Kamala Harris. She estimated that once the backlog is cleared, fielding teams large enough to keep up with people added to the list would cost about $14 million a year.
"This is about prevention," Harris said. "This is about taking guns out of the hands of people who are prohibited from owning them, and are known to be potentially some of the most dangerous people walking around.... It's just common sense."
As gun control has moved to the forefront of national debate, California's program is being studied as a potential model. The list of prohibited owners is compiled by analysts who track gun sales back to 1996 and match them against databases listing criminal convictions, restraining orders and mental health detentions.
Sometimes the guns are used in killings before the state can retrieve them, according to state Sen. Mark Leno (D-San Francisco), who last month introduced legislation that would provide funding for more agents to conduct sweeps.
For example, Roy Perez had been on the list for three years before he shot and killed his mother, his neighbor and his neighbor's 4-year-old in Baldwin Park in 2008, officials said. Until recently, the gun apprehension teams had received little attention in the five years they have been sweeping through neighborhoods. But they suddenly have become a topic of intense interest -- so much so that when agents rolled through Southern California earlier this month , their big, unmarked trucks were joined by two agents in a rented minivan large enough to carry journalists and camera crews.
The job requires a mixture of force and finesse. The agents show up in heavily armed teams, wearing black jumpsuits bulked up by bulletproof vests. But they don't have warrants and, unless their subject is on probation, they need permission to enter homes to search for guns. Obtaining a search warrant typically requires a reasonable suspicion that the gun would be on the premises, a difficult standard to meet based solely on information from a database, officials said.
Instead, they must talk their way in and coax gun owners into turning over their weapons.
Often, they come away empty-handed.
As the sun was setting, they arrived at the home of a man who had a domestic violence restraining order and was living in a Whittier neighborhood of small ranch homes and backyard stables. As agents walked to the door, neighbors came by on horseback, staring. The man told the agents he didn't have the gun anymore; it was at his brother's house.
The agents went on their way -- in the absence of the gun, they had no proof of a crime, and thus no cause for arrest.
"They'll keep going until they find that gun," Special Agent Supervisor John Marsh said. "You exhaust every lead."
On one occasion, he said, the team tracked a gun owned by mentally ill person to a remote cabin in the mountains in Northern California, where it had been sealed into a wall.
Sometimes the addresses they have are wrong, as was the case that same night when armed teams strode into a retirement community in Whittier, startling residents.
Other times, they don't find the gun they are seeking, but come across others that are possessed illegally. In Oakland last fall, Marsh said, his team entered a house and found a stash of assault weapons with the serial numbers ground off.
Marsh said he once felt a little twinge when taking a gun. The man had been disqualified from ownership because of mental illness. Agents found him living in compound without electricity in a rural area near Crescent City. He was using his guns to shoot game to feed himself.
A more common scenario played out at the Whittier home of Gerardo Naranjo, the young man who had been convicted of misdemeanor battery.
As Naranjo's mother wept, agents recovered the two guns they knew about and two more, including a semiautomatic rifle.
"I know I've saved lives," Marsh said as he cracked open an energy drink and drove the minivan to the next location. "We're taking guns from people that shouldn't have guns."
(c)2013 the Los Angeles Times
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What Is the Rapture?
Study Biblical Theories About an End Times Rapture
Many Christian faiths believe and teach about a future, end-times event when all true believers who are still alive before the end of the world will be taken from the earth by God into heaven. The term describing this event is "the Rapture."
Although the term "rapture" is not found in the Bible, the theory is based on Scripture. Those who accept the Rapture theory believe that all non-believers on the earth at the time will be left behind for the tribulation period. Most Bible scholars agree the tribulation period will last for seven years, the final seven years of this age, until Christ returns to set up his earthly kingdom during the Millennium.
The English word "rapture" is derived from the Latin verb "Rapere" meaning "to carry off," or "to catch up."
When will the Rapture occur?
There are three main beliefs regarding the time frame of the Rapture:
Pre-Tribulation Rapture:
The most popularly taught view among Christian faiths is known as the Pre-Tribulation Rapture, or "Pre-Trib" theory. Those who accept this perspective believe the Rapture will happen just before the tribulation period, at the beginning of the seventieth week of Daniel. The Rapture will usher in the final seven years of this age. True followers of Jesus Christ will be transformed into their spiritual bodies in the Rapture and taken from the Earth to be in Heaven with God. Non-believers will be left behind to face severe tribulation as the antichrist prepares to take his place as the Beast half way through the seven year period. According to this view, non-believers will still come to accept Christ, in spite of the Church's absence during this time, however, these new Christians will endure extreme
Post-Tribulation Rapture:
Another popular view is known as the Post-Tribulation Rapture, or "Post-Trib" theory. Those who accept this perspective believe that Christians will remain on the Earth as witnesses during the seven year tribulation period, until the very end of this age. According to this view, believers will be either removed or protected from the terrible wrath of God predicted toward the end of the seven years in the book of Revelation .
Mid-Tribulation Rapture:
A less popular view is known as the Mid-Tribulation Rapture, or "Mid-Trib" theory. Those who accept this perspective believe that Christians will be taken from the Earth to be in Heaven with God at some point during the middle of the seven year period of tribulation .
How will the Rapture Occur?
According to several verses in the Bible, believers will suddenly, without warning, disappear from Earth in the "twinkling of an eye."Continue to "Biblical References to the Rapture."
Biblical References to the Rapture:
- Matthew 24:30-36
"At that time the sign of the Son of Man will appear in the sky, and all the nations of the earth will mourn. They will see the Son of Man coming on the clouds of the sky, with power and great glory. And he will send his angels with a loud trumpet call, and they will gather his elect from the four winds, from one end of the heavens to the other. "Now learn this lesson from the fig tree: As soon as its twigs get tender and its leaves come out, you know that summer is near. Even so, when you see all these things, you know that it is near, right at the door. I tell you the truth, this generation will certainly not pass away until all these things have happened. Heaven and earth will pass away, but my words will never pass away."No one knows about that day or hour, not even the angels in heaven, nor the Son, but only the Father. (NIV)
- Matthew 24:40-41
Two men will be in the field; one will be taken and the other left. Two women will be grinding with a hand mill; one will be taken and the other left. (NIV)
- John 14:1-3
Do not let your hearts be troubled. Trust in God; trust also in me. In my Father's house are many rooms; if it were not so, I would have told you. I am going there to prepare a place for you. And if I go and prepare a place for you, I will come back and take you to be with me that you also may be where I am. (NIV)
- Acts 1:9-11
After he said this, he was taken up before their very eyes, and a cloud hid him from their sight. They were looking intently up into the sky as he was going, when suddenly two men dressed in white stood beside them. "Men of Galilee," they said, "why do you stand here looking into the sky? This same Jesus, who has been taken from you into heaven, will come back in the same way you have seen him go into heaven." (NIV)
- 1 Corinthians 15:51-52
Listen, I tell you a mystery: We will not all sleep, but we will all be changed— in a flash, in the twinkling of an eye, at the last trumpet. For the trumpet will sound, the dead will be raised imperishable, and we will be changed. (NIV)
- 1 Thessalonians 4:16-17
For the Lord himself will come down from heaven, with a loud command, with the voice of the archangel and with the trumpet call of God, and the dead in Christ will rise first. After that, we who are still alive and are left will be caught up together with them in the clouds to meet the Lord in the air. And so we will be with the Lord forever. (NIV)
- Philippians 3:20-21
But our citizenship is in heaven. And we eagerly await a Savior from there, the Lord Jesus Christ, who, by the power that enables him to bring everything under his control, will transform our lowly bodies so that they will be like his glorious body. (NIV)
- 2 Thessalonians 2:1-12
Click here to view text.
Continue to "Brief History & Speculation About the Rapture."
- The term "Rapture" first became popular in the United States toward the end of the 19th century through the teachings on premillennialism and dipensationalism [sic] by John Nelson Darby, an Irish evangelist. The rapture theory continued to grow in popularity among evangelicals largely due to a preacher named William Eugene Blackstone (1841-1935). His book, Jesus is Coming, sold more than one million copies.
- In the late 1960's and 1970's, during the Jesus Movement, the Rapture theory made its way into many popular secular songs such as Are You Ready? by Pacific Gas & Electric and In The Year 2525 by Zager and Evans.
- The Rapture theory gained even greater interest during this time due to the books of Hal Lindsey. In The Late Great Planet Earth Lindsey predicted an imminent Rapture based on global conditions at the time.
- In 1972 Russell S. Doughten produced a four-part movie series beginning with A Thief in the Night. The film recorded the events surrounding the Rapture in a terrifying way, creating widespread public interest in the theory.
- In 1991 the film The Rapture, with Mimi Rogers was released. It recorded one woman's experience through the Rapture.
- Currently, the very popular Christian book series, based on the events surrounding the Rapture is the Left Behind series, by Tim LaHaye and Jerry Jenkins.
Not All Christian Faiths Accept the Rapture Theory
- Roman Catholics do not accept a Rapture theory. They believe the concept to be a confused understanding of the Second Coming of Christ.
- Eastern Orthodox also reject the Rapture theory. From the beginning it has never been taught by any of their bishops.
- Other mainline Protestant faiths and ministers have challenged the idea of the Rapture because of the inconsistencies and various interpretations of the previously noted Bible verses. Visit this page for a denominational comparison on end times doctrines.
Speculation About the Rapture
For those who believe in a future Rapture, it is regarded to be a sudden and cataclysmic event that will be unlike any other phenomenon in history. Millions of people will disappear from the Earth without warning. As a result, tragic and unexplained accidents will occur on a wide scale basis, ushering in the tribulation period. Many speculate that the non-believers left behind who may have known of the Rapture theory, yet previously rejected it, will finally come to belief in Jesus Christ as Lord and Savior as a result of the Rapture. Others left behind will remain in unbelief, finding theories to "explain away" the bizarre event.
• Learn more about the Rapture at GotQuestions.org.


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The logo should be edgy, very professional looking and may/may not include artwork and attorney photos. There is currently no logo, however pictures may be found at http://www.personalinjury4newyork.com or http://www.pilaw.com if needed. This logo will be representing a skilled, powerhouse group of attorneys who have the history of helping thousands of people and their families.
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Property Tax Shift Could Invigorate New London
New London — Imagine the city's vacant storefronts transformed and decaying homes fixed up, all with the help of a new tax system.
Members of the Center for the Study of Economics in Philadelphia came to New London Saturday to make their pitch on how it could happen. City councilors in the audience promised a closer look at the idea.
The center predicts change for urban centers through a land-value tax. Such a system taxes land at a higher rate but reduces or eliminates tax on buildings and other improvements.
Revenue to the community would remain the same, said center Director Joshua Vincent at the New London Public Library, before an audience of more than 20 local activists and officials.
Under the current system, owners of vacant land are penalized for developing the land because new buildings mean more taxes, said Vincent, who is also a former New London resident. As a result, vacant land often remains vacant.
"It punishes those that do for the community and rewards those that decide to abandon the community," Vincent said.
It also encourages urban sprawl, as the high tax rate in the city drives homeowners to the suburbs, he said.
Reducing the tax on improvements, in contrast, creates a greater incentive to build, or selling it to someone else who will. They would build with higher-quality materials, avoid blight and redevelop economically depressed areas, Vincent said. Environmentalists like it, because if you save cities, then you save the countryside, he said.
As an example offered by Vincent, Clairton, Pa., had a tax rate of 29.5 mills. It was getting 25.3 percent of its revenues from land values, and 73.5 percent from building values.
Using the land value tax system, it set a tax rate of 104 mills on land and 4.3 mills on buildings, which yielded 89.6 percent of its revenues from land and 10.4 percent from buildings. Its revenue of $3.7 million remained the same.
Its residents saw tax cuts, development opportunities opened up and revenues stabilized, Vincent said. Other Pennsylvania cities have had success, as have communities worldwide, he said.
New London could take advantage of such a change, especially as an underutilized hub for ferry and train transportation, Vincent said.
But various legislative efforts to allow towns to use land value taxation in the state have failed to move forward.
Both Mayor Kevin J. Cavanagh and newly elected council member Adam Sprecace said they will ask legislators to help the city take a closer look at the option when they meet with them Jan. 22.
Cavanagh said more research would have to answer questions, such as whether businesses will actually pay their fair share of property taxes, if homeowners would actually see a savings, and whether it would promote development in reality.
State Rep. Elissa Wright, D-Groton, said she also wanted more information, but that it "could be an arrow in the quiver to revitalize urban centers and refocus investment to areas with existing infrastructure."
Connecticut is too reliant on property taxes, she added.
"I don't think there's any harm in creating options," Sprecace said. "It could be a way to help New London help itself." Article UID=d2c56787-6fce-477e-ab71-f1e4119bd88c


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LMS Help
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Jump to navigation
The Hagley Digital Archives provides online access to selected items from the Hagley Library's collection of images, documents, and publications related to the history of business, technology, and society.
DuPont Magazine, v. 48, no. 5
Wilmington (Del.)
E.I. du Pont de Nemours and Co.
Chemical industry--Periodicals
serial publications
1 volume : ill. ; 28-30 cm.
Published Collections Department, Hagley Museum and Library
f HD9651.9 D94A15
[Description and dates], Hagley ID, DuPont Magazine (f HD9651.9 D94A15), Published Collections Department, Hagley Museum and Library, Wilmington, DE 19807
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RBC.com | Français | | Contact Us
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About RBC > Media Newsroom > Speeches > Remarks to Joint Dinner of the Greater Halifax Partnership and the Nova Scotia Office of Immigration
Gordon M. Nixon
President & Chief Executive Officer
Royal Bank of Canada
May 5, 2010
Halifax, Nova Scotia
Remarks to Joint Dinner of the Greater Halifax Partnership and the Nova Scotia Office of Immigration is a giant nut.
Thank you very kindly, Paul.
Mr. Premier, Minister Jennex, Honoured Guests, and friends.
More than 140 years ago, the roots of RBC were first planted here with the founding of the Merchants Bank of Halifax so our history is deeply tied to this city. So it is indeed a great pleasure to be here and to have the opportunity to discuss an issue that is of great importance to the future of this province.
Tonight I am pleased to be able to talk about a subject important to me, important to Halifax and important to our country. Embracing diversity and immigration is not only vital to Canada's social agenda: Diversity and immigration are, by all measures, critical elements of our shared economic agenda as well.
As CEO of RBC, I am always pleased to represent my company and my country on the international stage. And when doing so, I believe very passionately that Canada is the best country for people to live, to build futures and to be part of a greater community.
This is a country largely built by the efforts, the ingenuity and the foresight of newcomers - the contributions of immigrants to the well being of Canada, Nova Scotia and Halifax is evident everywhere.
Their legacy is one to be proud of, but the issues, challenges and solutions facing immigrants today are not the same as in past generations. Our responsibility is to define a new reality of inclusion for newcomers to our communities and our country.
I know this audience is filled with people who came directly, or whose families emigrated to Canada from other countries with dreams and hopes of making a better life. My grandfather and his family emigrated to Halifax and settled in the Truro area. Halifax has welcomed newcomers for centuries and the museum at Pier 21 is a treasure celebrating and retelling the city's great history of how new immigrants came to help build this city and our country.
Today, these stories continue to be created. Created by people like Dr. Jim Spatz or Wadih Fares.
Dr. Spatz's parents survived the Holocaust and came to Nova Scotia in 1950. After completing his medical degree at Dalhousie, Jim practiced medicine in Montreal before returning to Halifax and taking up the family business of real estate development and community philanthropy.
Wadih Fares came to Canada from Lebanon and has built the W.M. Fares Group into a celebrated building design and construction project management firm. As long as Wadih has been developing the buildings in which people live and work, he has worked to develop the communities united within them. He has shown that he believes strongly in celebrating the unique talents and contributions everyone brings to this province and country.
There are hundreds more equally compelling stories of immigrants who have brought their talents, skills and experiences to make a profound impact on this city and indeed on our country.
While their contributions are surely a part of our shared history, there is considerable evidence that also points to immigration and diversity as drivers of future prosperity for Canada and other Western economies. In this context, our history of opening our country's doors to welcome people from all over the world gives me every confidence that Canada can lead the world.
In an era when many countries are becoming more polarized and less tolerant, Canada has an unparalleled opportunity to use immigration and diversity as a major competitive advantage.
But leadership will not come without effort.
If Canada is to continue to improve its standard of living, we must do more to become the destination of choice for skilled immigrants — scientists, professionals and entrepreneurs.
We must do a better job of leveraging the diversity of our current and future workforce. If we do, we will have an unrivalled advantage. If we don't, we will face an uphill battle just to maintain our quality of life.
Declining birthrates are not keeping pace with the demands of growing economies, and, as a result of demographic shifts, immigrants are expected to account for all net Canadian labour force growth by 2011, and for all net population growth by 2031.
Last summer, the OECD urged its 30 member countries - including Canada - to improve efforts to help immigrants become better trained and more integrated into the job market. OECD recognized that immigration to many western countries has declined and the workforce in western countries is aging - both trends that will have implications beyond the current economic crisis.
Canada's labour challenges are real and will impede future long-term economic growth if we do not find a coordinated strategy to leverage the skills and talents of people who have come here from other countries looking for nothing more than a real chance to succeed.
A general labour shortage will become a normal fact of life in the next decade for all Canadians. Consider this: If nothing changes, by 2026 one in every eight jobs in the country will go unfilled.
As CEO of a major Canadian employer, I am highly aware of these challenges and see a solution in the critical talent and skills that new immigrants bring to our communities as employees and as clients.
But I also see that we are facing greater competition for skilled immigrants from other countries. Unfortunately, recent immigrants to Canada continue to have a difficult time contributing to the best of their abilities when they move here.
They may be better educated than those born in Canada, but many have not found jobs that match their skill levels, or are earning less than people born in Canada. In 2005, RBC Economics found that if all new Canadians were fully employed, at their level of education and experience, earning equal pay to someone born in Canada, personal income would increase by $13 billion a year.
These higher incomes would have obvious multiplier effects in markets for housing and consumer spending, as well as savings and investment - all critical elements today in building economic growth. Faced with this huge potential benefit, our business community is falling short of the challenge and not doing enough to tap the potential of immigrants in our workforce, many of whom are visible minorities.
The difficulties that newcomers to Canada - particularly those who have landed more recently - face in finding employment or finding employment related to their background and experiences are well known by everyone in this room.
Immigrants face barriers that include a lack of recognition of foreign professional or educational credentials; degree and length of work experience abroad and within Canada; language barriers and related difficulties; lack of professional networks; and knowledge of and information about the Canadian labour market. These issues are particularly relevant for those who have arrived more recently.
Removing and overcoming many of these barriers will require, in some measure, courage, leadership and political will. But it is critical if we are going to be a destination of choice for skilled people in a globally competitive market.
Business, community and political leaders can no longer talk about what we can do tomorrow to integrate skilled immigrants into our economy. We need to focus today on what we will do to tap into the intellectual capital of skilled immigrants and invest in our country's future.
This cannot be about window dressing. It must be about business and community leaders embracing diversity and our differences, and putting our brains, our hearts and our wallets behind Canada's leadership journey.
Unleashing the power of diversity and capitalizing on immigration should be one of Canada's best competitive advantages. Canada is already known to be one of the most diverse nations on earth - and for many around the world, this is a central theme of the Canadian brand.
Tapping into the talent pool of skilled immigrants is important for Canada, and as many of you have said numerous times, it's also very important for Nova Scotia and for Halifax.
But when you look at the numbers, Nova Scotia and Halifax are losing out on the talent coming into this country.
In 2008 over 245,000 immigrants came to Canada, but just over 2,600 people chose Nova Scotia as their home. And, according to census data from 2006, Halifax is attracting far below its share of newcomers to contribute to the growth and vitality of this region.
Only slightly more than 7 per cent of the population here are immigrants, compared to the national average of close to 20 per cent. And in the first half of the past decade, immigrants to Halifax accounted for a bit more than 1 per cent of the overall population.
Halifax can and must do more. Halifax can and must do better to attract more than its share of immigrants and sustain economic growth for the future.
Your future prosperity demands it.
According to government statistics, there will be over 56,000 job openings in Nova Scotia over the next five years, the result of retirement and new job creation. Retirements are such a large generator of job openings in the province that for every job opening created by employment growth, five additional openings will be created due to retirements.
Employment growth in Greater Halifax has outpaced population growth — virtually every area in and around this city is growing. And yet, the city has not yet been able to capitalize on the rich talent of skilled immigrants coming to Canada each year.
Now, more than ever, companies must seize the moment to leverage the valuable international education, skills and talents immigrants bring with them to Canada.
Why? Because Canada's future prosperity will be based on the very skills and creativity found in the diverse perspectives of people who are new to our country. Doing more to attract and integrate skilled immigrants in our companies is, in fact, a critical aspect of nation building that enhances the health and vitality of our cities and communities.
It's clear to me that the Greater Halifax Partnership understands this - attracting and retaining immigrants is central to your SmartBusiness initiative and the GHP membership and the Halifax Region Immigration Leadership Council deserve credit for their work to address the obstacles to better integrating immigrants in the work force.
As a long-time member of the Halifax community, RBC is proud to join in your efforts.
I want to take a moment and recognize Greg Grice, our regional president for Atlantic Canada and a member of the GHP board of directors. Greg and I and my other colleagues at RBC have seen firsthand the impact that a culture of inclusion and diversity can have in a business.
We tend to look at diversity through two lenses - clearly it is the right thing to do, but it also represents incredible business potential.
RBC has emerged from the recent tough times stronger and better positioned than many of our competitors - and I believe that diversity is one of the sources of that strength. By giving everyone a seat at the table, we have expanded our collective brain-trust - and we have driven innovation, growth and competitive advantage.
Through the hard work of our leaders and our people, we have embedded diversity throughout our business and the results have changed the look of our leadership: Forty per cent of our executives are now women, and 14% are visible minorities - the numbers speak for themselves.
To ignore the value offered by huge parts of the workforce and potential client base is a missed business opportunity. We have clients who are new immigrants and it makes sense to have employees that share their background, their language and their perspective. We are also a global company and we benefit greatly from the international experience of new Canadians.
We believe that to succeed, we must harness everyone's talents and energy and apply them to achieving our common goals. When our employees, our clients and our communities achieve their full potential, RBC wins too. It's the right thing to do, and it's just smart business. It may sound simple, but if we want to stay an industry leader, we need to attract the best people. Increasingly, that means positioning ourselves as the employer of choice for talent - regardless of whether their experience is international or Canadian. Doesn't the same make sense for your business?
So what can you do to keep Halifax moving forward?
As Chair of the Toronto Region Immigrant Employment Council, I've been impressed with their multi-stakeholder approach and I recommend that any initiatives undertaken here include innovative government policies and programs, an engaged business sector, creative community organizations and passionate individuals.
Good policy needs more than lofty ambition, and needs more than good intentions to come to life. Ideas must be practical, actionable and tangible. Step by step, actions must be taken to create incremental change that will lead to real differences in the strength of our communities.
All levels of governments must be bold and create an adequate infrastructure to help both new Canadians and future immigrants maximize their potential. We need language training programs, settlement programs, and mentoring and internship programs that can provide them with Canadian work experience. And we urgently need a system for professions and trades to recognize foreign credentials and certifications in the context of our own laws and regulations.
As business leaders, we all know that markets are changing, and we intuitively understand that to best serve the market, we must hire the market.
As employers and business leaders, we must become agents of change, and give energy to new ideas that will help your organization become more diverse, innovative, and responsive. If your hiring managers are recruiting people like themselves - or those who will just fit in - then productivity remains status quo and you can never get ahead.
Ensure that your hiring processes and policies are open to everyone. Provide resources and information to make it easier to hire skilled immigrants. Encourage mentorships. Champion workplace initiatives. And work with community groups to support new immigrants.
And for companies looking to grow markets for their products and services beyond Canada, immigrants bring to you language and cultural skills, knowledge, and networks that can help you reach out to emerging economic giants like China and India.
For the past few years in Toronto, RBC has been working closely with ACCES Employment, a non-profit agency supporting immigrant employment. And I'm pleased to say that in Toronto, RBC has been able to hire a hundred people from ACCES, demonstrating tangible results of simply using a more open and diverse talent pipeline.
Two years ago, RBC launched MOSAIC - an employee resource group that supports newcomers and visible minorities by promoting an inclusive environment for all employees in Canada.
In hiring skilled immigrants, we are ensuring that newcomers to Canada have strong mentors and an inclusive environment to help accelerate their success.
In Halifax, we're proud of the success of the Immigration Works In Halifax campaign — an award-winning print campaign launched by the GHP, RBC and the Halifax Regional Municipality in 2006 to change perception and attitudes of the business community towards hiring an immigrant.
Last August, the GHP, along with support from RBC and Convergys, launched the third phase of the campaign. The objectives of this campaign are the same - to educate business owners on the benefits of hiring immigrants and to shift their attitudes around hiring newcomers. The scope of this campaign is visible in print, billboards, radio, and TV advertising with a solid presence on the web and in social media.
The results speak volumes of the untapped potential in your own neighbourhoods. One year after the launch of the campaign, eight out of 10 companies said they were ready to benefit from hiring immigrants.
We've also thrown our support behind the Employer Support Program, which educates employers on the immigration hiring process, and the Immigration Connector Program, a formalized networking initiative to assist immigrants expand their professional networks.
Tomorrow, the national ALLIES conference begins. ALLIES is an acronym that stands for Assisting Local Leaders with Immigrant Employment Strategies. This is a joint initiative of the Maytree and the JW McConnell Family Foundations that provides funding, technical assistance, information and networks to Canadian cities so they can adapt and implement effective and successful ideas to integrate skilled immigrants into the local labour market.
I mention this only to highlight that there are excellent resources available for companies and communities that want to do a better job of integrating skilled immigrants. I am proud of RBC's accomplishments but they couldn't have happened in a vacuum.
Ladies and Gentlemen, I want to thank you for your invitation tonight and for giving me the opportunity to speak to you about the imperative for companies in Halifax and Nova Scotia to hire more skilled immigrants.
For almost a decade, I've spoken across the country to thousands of people about the need for Canadian companies to embrace diversity. And I'll close tonight by explaining why I care so deeply about this issue.
We have made progress at RBC in leveraging diversity, and while I know there's more work to be done, I feel confident that we're on the right path. But it's not enough.
Canada faces real labour challenges and risks to future economic growth if all of our companies cannot better leverage the skills and talents of people who have come here looking for nothing more than the chance to succeed.
Our country's future prosperity needs everyone - employers, policymakers, community leaders - to do more to integrate the rich knowledge, experience and commitment of skilled immigrants.
I am a proud Canadian, and my experiences working, living and traveling abroad have only deepened that pride.
The strength of our financial system over the past two years, our economic resilience, and even the performance of our athletes in Vancouver 2010, have shown to the world that Canada is again ready to lead.
In different fields of human endeavour Canada is proving itself among the world's best and a place where people want to pursue their dreams. Attracting the best people to build our country and grow your company means being open to a world that is built on principles of inclusion: Valuing people for their talent, their skills, and their perspectives from a background that is different than others.
Diversity drives you to expand the human dimension of business itself - one individual at a time. Personally, I've seen the impact of diversity grow throughout RBC and I urge you all to do what you can in your own organizations to embrace its power to help achieve your business objectives.
Thank you again for your invitation. I wish you all a pleasant evening.


text: Over the last few months we've been training and conditioning our gorilla group to prepare for our eldest female juvenile, Mbeli, to travel to Melbourne to join the international breeding program for this endangered species. It's natural for gorillas in the wild to leave their family groups whether they are male or female. For females, it means a new life with a silverback to reproduce and keep the gene pool expanding and for a male it means a life of lessons to be learned on how to become a successful silverback and to have his own group.The position training that our keepers do builds trust between keeper and gorilla and allows the keepers to look after the animal's health needs a lot easier without any stress. Gorillas are intelligent animals, so once they are shown where keepers want them to be using individual cues, they catch on pretty quick to what we are asking of them. Sometimes when the gorillas are finding their way to their positions there are some disgruntled coughs from individuals as gorillas very much like their own space and don't like change if it means moving past another individual, but it all quietens down very quickly. Mbeli is new to this training and is taking her time in learning the cues from her keeper especially as she is not near her mum to watch her for guidance, but she is slowly understanding and is making great progress. In the coming weeks Mbeli will be prepared for her new adventure, I will update you on her progress and why conditioning and training of our gorillas benefits not only them but helps us in our daily care of such a great ape.


text:
Dapatkan Berita dan Informasi mengenai Liga Champions disini
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text:
Thanks to all who participated!
Game N has not begun yet.
Nascarfan hasnt joined the game. The 3rd place player from his round 2 game has been notified and gets 24 hours to join.
if nascarfan doesnt join by midnight Jan 24, he will be replaced.
V.J. isnt in the game right now but is willing and ready. Hes waiting
for 1 more.
Round 3 has begun.
Please join your games.
Currently, game M has started but we need 2 plys to join game N.
I guess the Round 3 games timed out and were deleted.
I created some new games.
The new games are:
Game M is #158726
Game N is #182224
Round2 has begun
Round 1 has begun.
Games F and G have only two people in them
therefore those people are moving onto the next round.
When you finish your round 1 game, either pm me or post in
the tourney forum. I will then pm you the game number
and password.
If you don't sign up within 24 hours, I will give your seat to the 3rd place
person in your game.
OK I got tourney privs and created the games.
I will pm all of you with passwords and game #s.
You have 24 hours to join.
Hello everyone,
I have decided to start a tourney.
There will be 32 players needed.
The only map will be classic, standard, sequential, flat rate, unlimited.
Each game consists of 4 players. The top 2 players from each round (except the final) will move onto the next round.
Please reply if you want to play.
I will notify you by pm when your game starts. You will have 24 hours to join the game or you will be replaced by an alternate.
The winner will get a congrats.
1) dafranca
2) Viriathus
1) Verper
2) corner G
3) Evil Semp
4) P Gizzle
5) hwhrhett
6) rjp0305
7) Bad Speler
8) dcowboys055
9) merz
10) redsoxfan18
11) hendy
12) Blackadder
13) freyme
14) Julia Gulia
15) world pooballer
16) gav88111
17) klubkev
18) quinnster9
19) tja6802
20) nascarfan38124
21) cletus
23) Zitzilla
25) AlexZG
26) drags
27) Chooch72
28) lilwdlnddude
29) AndrewO
30) DublinDoogey
31) aacerun3284
32) spelled_out
Here is the bracket. (little confusing)
First Second Alternate
Round 1
- Game A - #127222 - verper, merz, klubkev, AlexZG
Game B - #127224 - corner G, dafranca, quinnster9, Viriathus
Game C - #127225 - Evil Semp, hendy, tja6802, Chooch72
Game D - #127226 - P Gizzle, Blackadder, nascarfan38124, lilwdlnddude
Game E - #127227 - hwhrhett, freyme, cletus, AndrewO
Game F - #127228 - rjp0305, Julia Gulia, V.J., DublinDoogey
Game G - #127230 - Bad Speler, world pooballer, Zitzilla, acerun3284
Game H - #127231 - dcowboys055, gav88111, DA BEARS, spelled_out
- Game I - #128664 merz, corner G, Evil Semp, Blackadder
Game J - #128713 verper, Viriathus, Chooch72, nascarfan38124
Game K - #128714 cletus, V.J., acerun3284, spelled_out
Game L - #128715 freyme, Julia Gulia, Bad Speler, DA BEARS
- Game M - #158726 Evil Semp, verper, acerun3284, Julia Gulia
Game N - #182224 merz, Viriathus, V.J., DA BEARS
- Game O - #201068 verper, acerun3284, merz, DA BEARS
- acerun3284


text:
Many people consider owning your own home the American dream, but no dream is one-size-fits-all.
While owning a home can increase your net worth, there are potential downsides as well -- additional labor, hassle and cost, to name a few. In many cases, renting an apartment makes sense.
How can you know which is best? Here's what you need to consider:
The minuses of homeownership: Owning a home is a huge time commitment. When you rent, maintenance is someone else's problem and repairs are solved with a phone call. When you own a home, you take on the rolls of maintenance and gardener. When something breaks, you need to fix it.
Homeownership also limits flexibility. When you buy, you should plan to keep the house at least five years, because transaction costs -- agent commissions and other sales expenses -- are high. Sell too soon and you won't recoup those costs.
The pluses: One of the joys of homeownership is investing time to make it yours and make it worth more. What you can do to customize a home you own is limited only by your imagination, budget and local zoning restrictions.
The bottom line: If you want to stay mobile, if you don't enjoy home improvement projects, rent. If you're staying put and watch a lot of HGTV, buy.
The minuses: If you rent, you'll pay the first month's rent, a security deposit, and maybe a pet deposit. Buying means a down payment, closing costs, and other major expenses, not to mention the additional expense of repairs and maintenance when you own a home.
In 2010 the average annual homeowners' insurance premium was $909. Property taxes vary widely depending on where you live, but run from hundreds a year to thousands.
The bottom line: If you don't have the money and/or credit score necessary to buy a home, the question is moot. But if you can afford to own a home in a desirable area with an expanding population, you'll probably be rewarded financially.
One way to run the numbers is to use buy vs. rent calculators. But, while those are certainly helpful, the answer you get from a calculator will depend on the information you provide -- some of which you can't possibly know.
For example, among other variables, most calculators will ask how much the house you're buying will appreciate annually, as well as how much equivalent rent will increase over time. These are questions you cannot answer.
Buying a home? Don't get in over your head, keep these thoughts in mind:
- To lower the risk of homeownership, buy only what you need, not the most expensive house you qualify for. The average house in 1950 was less than 1,000 square feet. Today it's more than twice that. Remember that whatever you buy, you're going to have to furnish, heat, cool, insure, clean and maintain it.
- If you have bad credit and only qualify for a high-interest mortgage, it will cost you tens of thousands of extra dollars over the life of your loan.
- The more you put down, the less you borrow and the less risk you take.
- Finally, if you decide it's time to buy, hope for appreciation, but don't count on it. However, if the community you're living in has both expanding employment opportunities and population, prices are likely to rise over time.
MSN Money


text:
Browsing Working Papers (ECON) by Title
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Now showing items 60-79 of 228Next Page
notat til udvalget om skat og internationaliseringBlomgren-Hansen, Niels (København, 2001)[More information][Less information]
URI: http://hdl.handle.net/10398/7552
Files in this item: 1wpec062002.pdf (1.256Mb)
Boom, Anette (København, 2008)[More information][Less information]
Abstract: This paper uses an adapted version of the linear tracing procedure, suggested by Harsanyi and Selten (1988), in order to discriminate between two types of multiple Nash equilibria. Equilibria of the same type are pay-off equivalent in the analysed multiple-unit unit price auction where two sellers compete in order to serve a fixed demand. The equilibria where the firm with the larger capacity bids the maximum price, serves the residual demand and is undercut by the low capacity firm that sells its total capacity risk dominate the equilibria where the roles are interchanged. URI: http://hdl.handle.net/10398/7664
Files in this item: 1wp2-2008.pdf (302.0Kb)
Analyse af situationen i 2000Lund, Lars (København, 2004)[More information][Less information]
Abstract: Participation rate on the Greenland labour market: situation of year 2000 A goal is that a large part of the population of normal working age is employed. The participation rate is one of the statistics used to describe the performance of the economy in this respect. Two sources are used to arrive at an estimate of the rate both for Greenland in general and for four regions defined by four so called growth towns: Nuuk, Sisimiut, Ilulissat and Qaqortoq. They are Statistic Greenland's publications on employment and on unemployment. There are some difficulties using the available data: the employment and unemployment surveys refer to periods whereas the potential workforce is counted at a date. Furthermore persons with yearly income below an arbitrary limit of 40.000 DKK are sorted out even though they should contribute to the number of full year employed. The participation rate is found to be much higher in Nuuk than in the other regions. For Greenland as such the number is in line with figures for Western Europe and North America. Characteristics of people not in the work force are looked for. To some extent a connection exists to the number people receiving pension as disabled, people in education, and those on leave because of childbirth, but the relation is imperfect and great differences are seen between regions. URI: http://hdl.handle.net/10398/7604
Files in this item: 1
Andersen, Steffen; Fountain, John; Harrison, Glenn W.; Rutström, E. Elisabet (, 2009)[More information][Less information]
Abstract: It is intuitive that decision-makers might have attitudes towards uncertainty just as they might have attitudes towards risk. However, it is only recently that this intuitive notion has been formalized and axiomatically characterized. We estimate the extent of uncertainty aversion in a manner that is parsimonious and consistent with theory. We demonstrate that one can jointly estimate attitudes towards uncertainty, attitudes towards risk, and subjective probabilities in a rigorous manner. Our structural econometric model constructively demonstrates the theoretical claims that it is possible to define uncertainty aversion in an empirically tractable manner. Our results show that attitudes towards risk and uncertainty can be different, qualitatively and quantitatively, and that allowing for these differences can have significant effects on inferences about subjective probabilities. URI: http://hdl.handle.net/10398/7803
Files in this item: 1wp2009-7.pdf (467.5Kb)
Andersen, Steffen; Fountain, John; Harrison, Glenn W.; Rutström, E. Elisabet (, 2009)[More information][Less information]
Abstract: Subjective probabilities play a role in many economic decisions. There is a large theoretical literature on the elicitation of subjective probabilities, and an equally large empirical literature. However, there is a gulf between the two. The theoretical literature proposes a range of procedures that can be used to recover subjective probabilities, but stresses the need to make strong auxiliary assumptions or "calibrating adjustments" to elicited reports in order to recover the latent probability. With some notable exceptions, the empirical literature seems intent on either making those strong assumptions or ignoring the need for calibration. We illustrate how one can jointly estimate risk attitudes and subjective probabilities using structural maximum likelihood methods. This allows the observer to make inferences about the latent subjective probability, calibrating for virtually any well-specified model of choice under uncertainty. We demonstrate our procedures with experiments in which we elicit subjective probabilities. We calibrate the estimates of subjective beliefs assuming that choices are made consistently with expected utility theory or rank-dependent utility theory. Inferred subjective probabilities are significantly different when calibrated according to either theory. URI: http://hdl.handle.net/10398/7801
Files in this item: 1wp2009-5.pdf (435.4Kb)
Andersen, Steffen; Fountain, John; Harrison, Glenn W.; Rutström, Elisabet (Frederiksberg, 2013)[More information][Less information]
Abstract: Subjective probabilities play a central role in many economic decisions, and act as an immediate confound of inferences about behavior, unless controlled for. Several procedures to recover subjective probabilities have been proposed, but in order to recover the correct latent probability one must either construct elicitation mechanisms that control for risk aversion, or construct elicitation mechanisms which undertake "calibrating adjustments" to elicited reports. We illustrate how the joint estimation of risk attitudes and subjective probabilities can provide the calibration adjustments that theory calls for. We illustrate this approach using data from a controlled experiment with real monetary consequences to the subjects. This allows the observer to make inferences about the latent subjective probability, under virtually any well-specified model of choice under subjective risk, while still employing relatively simple elicitation mechanisms. URI: http://hdl.handle.net/10398/8837
Files in this item: 1Andersen_Fountain_Harrison_Rutstrom.pdf (232.2Kb)
Ionascu, Delia; Kristjánsdóttir, Helga; Davies, Ronald B. (København, 2007)[More information][Less information]
Abstract: This paper applies the panel fixed effects with vector decomposition estimator to three FDI datasets to estimate the impact of time-invariant variables on FDI while including fixed effects. We find that the omission of fixed effects significantly biases several of these variables, especially those proxying for trade costs and culture. After including fixed effects, we find that many time-invariant variables indicate the importance of vertical FDI. We also find that by eliminating these biases, the differences across datasets largely disappear. Thus, controversies in the literature that are driven by differences in data sets may be resolved by using this estimation technique. JEL Classification: F14, F23 Key Words: Foreign Direct Investment, Trade Costs, Culture URI: http://hdl.handle.net/10398/7610
Files in this item: 1wp2-2007.pdf (355.7Kb)
Junge, Martin; Severgnini, Battista; Sørensen, Anders (Frederiksberg, 2012)[More information][Less information]
Abstract: This paper investigates the importance of the educational mix of employees at the firm level for the probability of firms being involved in innovation activities. We distinguish between four types of innovation: product, process, organisational, and marketing innovation. Moreover, we consider three different types of education for employees with at least 16 years of schooling: technical sciences, social sciences, and humanities. Furthermore, we examine the influence of these different innovation activities on firm productivity. Using a rotating panel data sample of Danish firms, we find that different types of innovations are related to distinct educational types. Moreover, we find that firms that adopt product and marketing innovation are more productive than firms that adopt product innovation but not marketing innovation and firms that adopt marketing innovation but not product innovation. In addition, firms that adopt organisational and process innovation demonstrate greated productivity levels than forms that adopt organisational innovation but not process innovation that again demonstrate greater productivity than firms that do not adopt process innovation but not organisational innovation. Finally, we establish that product and marketing innovation as well as organisational and process innovation are complementary inputs using formal tests for supermodularity. Complementarity can be rejected for all other pairs of innovation types. URI: http://hdl.handle.net/10398/8498
Files in this item: 1Junge_Severgnini_Sørensen.pdf (517.4Kb)
Subcontracting agreements in Eastern Europe's car component industryMøllgaard, Peter; Lorentzen, Jochen (København, 2002)[More information][Less information]
Abstract: We study the rationale for the use of exclusivity to protect transfer of technology in subcontracting agreements. The legal possibility arises through the EU Notice on Subcontracting. Empirically, the link between exclusive agreements and technology transfer among firms in the automotive supply industry in EU candidate countries is surprisingly weak, although with exclusive-supply or exclusive-buying clauses in subcontracting agreements upstream transfer of technology is more likely. Exclusive agreements are often reciprocal, and are typically passed on. Downstream firms are more likely to face and use vertical restraints. Technology trickles upstream: Multinational final assemblers transfer more technology than lower-tier suppliers. URI: http://hdl.handle.net/10398/7527
Files in this item: 1wpec102002.pdf (299.7Kb)
Blomgren-Hansen, Niels (København, 2005)[More information][Less information]
URI: http://hdl.handle.net/10398/7603
Files in this item: 1wp16-2005.pdf (42.80Kb)
Evidence from CEO TransitionsBennedsen, Morten; Nielsen, Kasper (København, 2004)[More information][Less information]
Abstract: Economists have long acknowledged that the structure of the family (number of offspring, marital status, etc.) plays a crucial role in important economic decisions (e.g., labor supply, demand patterns, portfolio choice, educational attainment). In this paper we investigate the link between family structure and corporate decisions of family firms. Even though there is considerable anecdotal evidence on this link, there is no systematic study. This paper fills this gap. To this end, we assembled a unique dataset with accounting information from 1995 to 2002 of the universe of privately held firms in Denmark. Our dataset includes the family trees of the owners as well as personal information about all family members. This information allows us to identify family firms among privately held firms. We find that, using a 50% definition of control, 89% of privately held firms are family firms. We focus on the decision whether to choose a family member or an outsider as the next CEO. We show that the larger the pool of potential heirs, the higher the probability of family transition. Also we document that this probability is significantly lower when all offspring are female. Finally, family conflicts (proxied by divorce or multiple marriages) reduce the probability of family transition. In a robustness check we show that there is a causal effect from family structure to corporate decisions. We do this by instrumentimg the number of children with sibling sex composition and by restricting the sample to one in which founders had their last child years before founding the firm. URI: http://hdl.handle.net/10398/7631
Files in this item: 1wpec032004.pdf (354.0Kb)
Olai Hansen, Bodil; Keiding, Hans (København, 2004)[More information][Less information]
Abstract: We consider a simple model of international trade under uncertainty, where production takes time and is subject to uncertainty. The riskiness of production depends on the choices of the producers, not observable to the general public, and these choices are influenced by the availability and cost of credit. If investment is financed by a bond market, then a situation may arise where otherwise identical countries end up with different levels of interest and different choices of technique, which again implies differences in achieved level of welfare. Under suitable conditions on the parameters of the model, the market may not be able to supply credits to one of the countries. The introduction of financial intermediaries with the ability to control the debtors may change this situation in a direction which is welfare improving (in a suitable sense) by increasing expected output in the country with high interest rates, while opening up for new problems of asymmetric information with respect to the monitoring activity of the banks. Keywords: Capital outflow, financial intermediaries, moral hazard JEL classification: F36, D92, E44 URI: http://hdl.handle.net/10398/7498
Files in this item: 1wpec072004.pdf (112.4Kb)
The Role of Competition and of the Initial Firm Efficiency. Evidence from the Czech Republicla Cour, Lisbeth; Ionascu, Delia (København, 2007)[More information][Less information]
Abstract: It has been argued that the effect of competition on a company's incentive to innovate and to reduce managerial slack depends on the initial level of efficiency. For example, while firms close to the technology frontier invest more in innovation if competition increases, backward firms reduce innovation. On a panel data of Czech companies, for the years 1993-2005, we empirically assess the impact of increased competition on firm productivity and the importance of the initial firm efficiency level. We depart from the empirical literature on emerging markets by taking into account both domestic and foreign competition. In line with the theory, our results show that there is an inverted U-relationship between domestic competition and firm productivity. Our results also confirm that trade liberalization has a positive impact on productivity. However, the effect is less significant if domestic competition is not taken into account. In addition, we find that both domestic and foreign competition have an effect on productivity in companies close to the technology frontier but not in backward companies. URI: http://hdl.handle.net/10398/7653
Files in this item: 1wp9-2007.pdf (2.398Mb)
Do We Observe "Creative Destruction" in China?Deng, Poul; Jefferson, Gary (Frederiksberg, 2012)[More information][Less information]
Abstract: We adopt the framework of Schumpeterian creative destruction formalized by Aghion et al. (2009) to analyze the impact of foreign entry on the productivity growth of domestic firms. In the face of foreign entry, domestic firms exhibit heterogeneous patterns of growth depending on their technological distance from foreign firms. Domestic firms with smaller technological distance from their foreign counterparts tend to experience faster productivity growth, while firms with larger technological distance tend to lag further behind. We test this hypothesis using a unique firm-level data of Chinese manufacturing. Our empirical results confirm that foreign entry indeed generates strong heterogeneous growth patterns among domestic firms. URI: http://hdl.handle.net/10398/8594
Files in this item: 1Deng_Jefferson.pdf (203.9Kb)
Nielsen, Søren Bo; Raimondos-Møller, Pascalis; Schjelderup, Guttorm (København, 2000)[More information][Less information]
URI: http://hdl.handle.net/10398/7654
Files in this item: 1wpec182000.pdf (398.5Kb)
Nielsen, Søren Bo; Raimondos-Møller, Pascalis; Schjelderup, Guttorm (Munich, 2001)[More information][Less information]
URI: http://hdl.handle.net/10398/7642
Files in this item: 1491.pdf (280.4Kb)
Lund, Lars (København, 2005)[More information][Less information]
Abstract: The paper defines a base model of the airborne passenger traffic to and in Greenland showing the number of passengers on every non-stop connection. The type of airplane is defined for each route, and that determines the flying time. The number of connections and capacity utilization are fixed with due regard to the timetable of Air Greenland and the density of traffic on each route. Assumptions as to the cost per hour as a function of the duration of the flight are made for each aircraft. Applying this to different investment scenarios for airports and landing strips an index for the costs of supply of air traffic is found. Using this index the supplier's cost savings in the scenarios are found as a percentage of the relevant sale. A number of reports from recent years have information about the necessary investments in the scenarios, and matching these with the changes in costs permits the calculation of present values for the different projects. Apart from direct savings there are derived benefits in some of the scenarios the most prominent being the possibility to abandon Kangerlussuaq. The calculations include these indirect effects. Two scenarios have high present values: the use of Keflavik as hub, and the construction of a new airport with a 3000 meter runway south of Nuuk: two rather different scenarios, the first dominated by current savings, and the second dependent on a large fixed investment. URI: http://hdl.handle.net/10398/7526
Files in this item: 1wp1-2005.pdf (978.5Kb)
Evidence from a Matrilineal and a Patriarchal SocietyAndersen, Steffen; Ertac, Seda; Gneezy, Uri; List, John A.; Maximiano, Sandra (Frederiksberg, 2010)[More information][Less information]
Abstract: Economists and other social scientists typically rely on gender differences in the family-career balance, discrimination, and ability to explain gender gaps in wages and in the prospect for advancement. A new explanation that has recently surfaced in the economics literature is that men are more competitively inclined than women, and having a successful career requires competitiveness. A natural question revolves around the underlying determinants of these documented competitive differences: are women simply born less competitive, or do they become so through the process of socialization? To shed light on this issue, we compare the competitiveness of children in matrilineal and patriarchal societies to show that the difference starts around puberty. Moreover, most of the changes during this period of life are within the patriarchal society, in which boys become more competitive with age while girls become less competitive. URI: http://hdl.handle.net/10398/8389
Files in this item: 1Steffen_Andersen_2010.pdf (203.8Kb)
Merlino, Luca Paolo; Parrotta, Pierpaolo; Pozzoli, Dario (Frederiksberg, 2014)[More information][Less information]
Abstract: In this paper, we investigate the sorting of workers in rms to understand gender gaps in labor market outcomes. Using Danish employer-employee matched data, we find strong evidence of glass ceilings in certain firms, especially after motherhood, preventing women from climbing the career ladder and causing the most productive female workers to seek better jobs in more female-friendly firms in which they can pursue small career advancements. Nonetheless, gender differences in promotion persist and are found to be similar in all firms when we focus on large career advancements. These results provide evidence of the sticky floor hypothesis, which, together with the costs associated with changing employer, generates persistent gender gaps. URI: http://hdl.handle.net/10398/8929
Files in this item: 1Merlino_Parrotta_Pozzoli.pdf (485.0Kb)
Marker-Larsen, Svend (København, 2005)[More information][Less information]
URI: http://hdl.handle.net/10398/7598
Files in this item: 1wp3-2005.pdf (894.4Kb)
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I loved Percy Jackson, and you may be happy to know that the author has two new series in the works. One is also about he half-bloods and the first book is called The Lost Hero. The other is about Egyptian gods instead of Greek gods, and the first book is called The Red Pyramid. I devoured the latter in two days. The former is going to be released soon, if it's not out already.
The Sookie series is just great. It's funny as well (unlike the HBO series based on it, which is extremely vulgar and violent). It gets darker as they go along, but I just loved them. Be aware there is a bit of sex in them, which is not the case in any of the others you mentioned.
My daughter is reading the Guardian series and seems to like it. They both really are enjoying the series that starts with Magyk (Amazon.com: Magyk (Septimus Heap, Book 1) (9780060577315): Angie Sage, Mark Zug: Books: Reviews, Prices & more).
Based on what you said above, I'd recommend the Magyk one first.


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The Port of Tauranga is well-placed to accommodate future demand and growth according to a report released this week on the upper North Island ports.
The ports study, which began in June, provides a picture of the current and future freight demand for ports and port related infrastructure in the upper North Island.
The full report and associated Council agenda report can be downloaded from the December 6 2012 Council meeting agenda >>
Conducted by Price Waterhouse Coopers (PwC) on behalf of the Upper North Island Strategic Alliance (UNISA), the study highlights that the Port of Tauranga is strategically well placed to accommodate the projected growth in shipping, with capacity for larger ships in the future due to the recent granting of resource consent for channel and berthage dredging.
Bay of Plenty Regional Council Chairman John Cronin said while the Port of Tauranga is based in the western Bay, it was important to recognise the contribution made by the whole region to the Port's success.
"Without the regional supply chain feeding goods to the Port from across the region we wouldn't have the need for this important piece of the region's economy, both now and into the future," Mr Cronin said.
"The UNISA report shows that there is sufficient storage to cope with the expected increased volumes of bulk goods at Mount Maunganui and of containers at Sulphur Point over next 30 years. In addition, there is the capacity to extend the Sulphur Point container wharf by 285 metres to the south."
Container throughput at the Port is predicted to grow by between 2.5 percent and 3.1 percent per annum over the next 30 years. Bulk good throughput will also grow at between 1.7 percent and 2.3 percent each year.
He said the Port is well placed to cater for future growth, with further work being carried out through the development of the SmartGrowth Strategy update project to ensure the strategic roading network and rail system are sufficient to enable the efficient movement of freight to and from the Port of Tauranga.
"However overall, it's important to recognise what an asset the Port of Tauranga is to the Bay of Plenty. In the past few weeks we've seen the Port and its Chief Executive Mark Cairns nominated as finalists in the Deloitte/Management Magazine Top 200 Awards, for both Company of the Year and Executive of the Year with Mr Cairns taking out the Executive of the Year title.
"With finalists for both categories selected from the New Zealand 2012 Top 200 Companies list, this is a real achievement for the Port and bodes well for its future."
Background information
UNISA comprises the territorial authorities from Tauranga city, Auckland, Whangarei district and Hamilton city as well as the regional councils from Bay of Plenty, Waikato and Northland. UNISA's purpose is to respond and manage a range of agreed inter-regional and inter-metropolitan issues.
UNISA undertook the Ports study to gain a collective picture of the upper North Island ports' infrastructure for the benefit of all of New Zealand. The upper North Island ports system plays a major role as New Zealand's link to the rest of the world.
UNISA members agree that ensuring the upper North Island ports and related infrastructure function well, now and in the future, is key to New Zealand remaining internationally competitive and prosperous.


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Jessica Alba is learning that imitation is not always the more sincerest form of flattery.
The actress said Saturday she's been distressed by reports that a Chinese woman is having a plastic surgery makeover to look more like Alba in an effort to win back an ex-boyfriend.
"I think you should never have to change yourself like that," Alba said. "If somebody loves you, they'll love you no matter what."
U.S. & World
The day's top national and international news.
The 21-year-old Chinese woman, who gave her name to Reuters as only Xiaoqing, said that her ex-boyfriend was a fan of Alba's film and had suggested before the breakup that he would like her to look more like the actress.
"When I broke up with my boyfriend, I was very sad," Xiaoqing told Reuters. "My friends... kept consoling me but it did not work, so they suggested I do plastic surgery to look like her (Jessica Alba)."
Xiaoqing told Reuters that she plans to speak with her mother before making her final decision.


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The Greater Seattle Aquarium Society (GSAS) is pleased to sponsor a free lecture on rare and unusual Dwarf Cichlids by Chuck Rambo. Chuck has been keeping tropical fish as pets since 1967. His interest in fish got him started working in pets shops and fish stores while in high school to directly importing fish from South America and Asia, while attending college. After graduation he got a real job as a geotechnical field engineer and is still currently working as one today.
When Rift Lake cichlids were first introduced into the hobby he was immediately taken by them and had a strong interest in all cichlids ever since. He is a past Chairman and current Fellow of the American Cichlid Association. He is also the past president of his local club, the Pacific Coast Cichlid Association. He has been diving in Lake Malawi and Lake Tanganyika with Ad Konings. In 2009 he led a group of local club members to Florida to collect feral cichlids and visit tropical fish farms. His other interests include collecting antique aquariums and maintaining his collection of carnivorous plants. This will be Chuck's first visit to Seattle and is looking forward meeting new aquarists and making new friends.
The lecture will be Tuesday, November 8th, 2011 at 7:30PM at Seattle Pacific University; Otto Miller Hall; Room 109; West Nickerson Street and 3rd Avenue West
Doors will open around 7:10PM; the meeting will start at 7:30PM
The lecture will be followed by a short auction
Guests welcome; no entrance fee
Family friendly but no childcare provided
Free parking, accessible building, no furry or feathered pets
Go to GSAS.ORG for more information and directions


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Pineda may be nearing return to Yanks' rotation
Right-hander slated for rehab start on Friday with an increased pitch count
NEW YORK -- Michael Pineda is scheduled to make his next rehab start on Friday for Triple-A Scranton/Wilkes-Barre, and given the Yankees' pitching situation, it is possible that he could be hurried to the big leagues after that.
Pineda worked 3 1/3 scoreless innings for the RailRiders on Sunday, his first game action since being placed on the disabled list on May 6 with a right shoulder muscle injury.
The Yankees have not named their starter for Friday against the Indians, a turn that is up for grabs now that David Phelps is on the 15-day disabled list with inflammation in his right elbow.
Yankees manager Joe Girardi confirmed that Pineda will not be a candidate for that start, as Pineda only tossed 58 pitches in his first rehab start against Syracuse.
David Huff, Esmil Rogers and Chase Whitley are among the candidates to make Friday's start, but Girardi said that he might not announce a starter until after Thursday's game, depending on what is needed out of the bullpen in the final two games of the series against the Tigers.
"We're just going to have to wait to see what happens these next couple of days," Girardi said.
Pineda is expected to raise his pitch count by 15 to 20 pitches on Friday against Columbus, which could set him up to start and give the Yankees about 90 pitches on Aug. 14 against the Orioles at Camden Yards.
"He's probably available to go somewhere between 75 and 80, then we'll see where we're at," Girardi said. "I said we wanted to get him to 90 [before activating him in the Majors], but with the circumstances that we're in, you never know."


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Station code locator is a user friendly tool by www.railwaystationcodes.com that gives the Drigg station code for UK. British Railways has allotted a unique identification code to each and every railway station. These station codes are listed in three letter codes. With the help of this station code finder, you can easily get the station code of Drigg for the reservation purpose or for ticket booking. You can find out any station code here by selecting the alphabet and station name. Station code of Drigg is provided in the table.
>>Dagenham Dock >>Daisy Hill >>Dalgety Bay >>Dalmally >>Dalmarnock >>Dalmeny >>Dalmuir >>Dalreoch >>Dalry >>Dalston (Cumbria) >>Dalston Junction >>Dalston Kingsland >>Dalton (Cumbria) >>Dalwhinnie >>Danby >>Danescourt >>Danzey >>Darlington >>Darnall >>Darsham >>Dartford >>Darton >>Darwen >>Datchet >>Davenport >>Dawlish >>Dawlish Warren >>Deal >>Dean (Wilts) >>Deansgate >>Deganwy >>Deighton >>Delamere >>Denby Dale >>Denham >>Denham Golf Club >>Denmark Hill >>Dent >>Denton >>Deptford >>Derby >>Derby Road (Ipswich) >>Devonport (Devon) >>Devonport Dockyard >>Dewsbury >>Didcot Parkway >>Digby Sowton >>Dilton Marsh >>Dinas Powys >>Dinas (Rhondda) >>Dingle Road >>Dingwall >>Dinsdale >>Dinting >>Disley >>Diss >>Dodworth >>Dolau >>Doleham >>Dolgarrog >>Dolwyddelan >>Doncaster >>Dorchester South >>Dorchester West >>Dore Totley >>Dorking Deepdene >>Dorking (Main) >>Dorking West >>Dormans >>Dorridge >>Dove Holes >>Dover Priory >>Dovercourt >>Dovey Junction >>Downham Market >>Drayton Green >>Drayton Park >>Drem >>Driffield >>Drigg >>Droitwich Spa >>Dronfield >>Drumchapel >>Drumfrochar >>Drumgelloch >>Drumry >>Dublin Ferryport >>Dublin Port Stena >>Duddeston >>Dudley Port >>Duffield >>Duirinish >>Duke Street >>Dullingham >>Dumbarton Central >>Dumbarton East >>Dumbreck >>Dumfries >>Dumpton Park >>Dunbar >>Dunblane >>Duncraig >>Dundee >>Dunfermline Queen Margaret >>Dunfermline Town >>Dunkeld Birnam >>Dunlop >>Dunrobin Castle >>Dunston >>Dunton Green >>Durham >>Durrington On Sea >>Dyce >>Dyffryn Ardudwy
Drigg Station code locator is a tool that gives you the station code of Drigg within fraction of a minute. There is no need to look for desired station code from a huge pile of codes in directories. You just need to select the station name Drigg from the drop down provided above, and you will get the Drigg station code. As British railway network is huge and complex, it is very tough to remember the station code for each railway station. One needs to use station code of Drigg for ticket booking or for identification of station. That's where UK station code finder will help you. This tool will provide an easy way to find out Drigg station code for UK.
Get Drigg station code details by using station code finder by www.railwaystationcodes.com.The table alongside provides you with station code of Drigg. One can use www.railwaystationcodes.com station code for ticket booking or identification purpose, as it is easy to remember than full station name. Similarly, if you know the station code, and you want to know the respective station name for that code, you can enter the station code in the search by code option provided above, and you will get the desired station name within seconds.
www.railwaystationcodes.com has put in sincere efforts to provide you with accurate Drigg station code in a user-friendly format. In case you find any error in station code of Drigg or you want to give your feedback or suggestions, feel free to contact us at firstname.lastname@example.com.