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"David Bell"
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UNDEREMPLOYMENT IN THE UNITED STATES AND EUROPE
The authors produce estimates for a new and better rate of underemployment for 25 countries using the European Labor Force Survey that is based on workers’ reports of their preferred hours at the going wage. Both voluntary and involuntary part-time workers report they want more hours. Full-time workers who say they want to change their hours, mostly say they want to reduce them. When the Great Recession hit, the number of hours of those who said they wanted more hours increased, and the number of hours of those who said they wanted fewer hours decreased. The percentage of workers in both categories remains elevated. The authors provide evidence for the United Kingdom and the United States as well as from an international sample that underemployment lowers pay in the years after the Great Recession, but the unemployment rate does not. They also find evidence for the United States that decreases in the home ownership rate have helped to keep wage pressure in check. Underemployment replaces unemployment as the main influence on wages in the years since the Great Recession.
Journal Article
Shadows of revolution : reflections on France, past and present
\"Renowned historian, essayist, and journalist David A. Bell has long made France and its history the subject of his scholarly gaze and the object of his enduring affection. Shadows of Revolution : Reflections on France, Past and Present gathers together his writing, composed over a period of more than 25 years, into a single volume. As the title of this collection suggests, Bell views much of French history through the lens of the Revolutionary era. Within a space of a dozen years, from Bastille to Bonaparte, the country experimented with and experienced every form of governance, creating in the process, as Bell puts it, 'the most intense political laboratory the world had ever known.' The Revolution remains the country's defining era, delineating its sense of identity and overshadowing the events that followed it. Yet another, Bell argues, is the Vichy period and World War Two--France's dark night of the soul--with whose legacies the country continues to contend. These two moments of violent and transformative upheaval may dominate French history, but as this collection and Bell's observational powers reveal, the full range of topics involving France is endlessly rich and diverse. Divided into eight sections, it connects France's education to its national identity, the Enlightenment to the Revolution and human rights, Napoleon to Victor Hugo, and nineteenth-century anti-Semitism to such recent events such as the riots of 2006, the Arab Spring, and the Charlie Hebdo tragedy. Shadows of Revolution embodies and reflects the endlessly fascinating and entertaining complexity of French history, and shows the ways in which it has shaped world history\"-- Provided by publisher.
Book
Offline Showrooms in Omnichannel Retail: Demand and Operational Benefits
Omnichannel environments where customers shop online and offline at the same retailer are ubiquitous, and are deployed by online-first and traditional retailers alike. We focus on the relatively understudied domain of online-first retailers and the engagement of a key omnichannel tactic; specifically, introduction of showrooms (physical locations where customers can view and try products) in combination with online fulfillment that uses centralized inventory management. We ask whether, and if so, how, showrooms benefit the two most basic retail objectives: demand generation and operational efficiency. Using quasi-experimental data on showroom openings by
WarbyParker.com
, the leading and iconic online-first eyewear retailer, we find that showrooms: (1) increase demand overall
and
in the online channel as well; (2) generate
operational spillovers
to the
other
channels by attracting customers who, on average, have a higher cost-to-serve; (3) improve overall operational efficiency by increasing conversion in a sampling channel and by decreasing returns; and (4) amplify these demand and operational benefits in dealing with customers who have the most acute need for the firm’s products. Moreover, the effects we document strengthen with time as showrooms contribute not only to brand awareness but also to what we term
channel awareness
as well. We conclude by elaborating the underlying customer dynamics driving our findings and by offering implications for how online-first retailers might deploy omnichannel tactics.
This paper was accepted by Vishal Gaur, operations management.
Journal Article
Napoleon : a very short introduction
\"This Very Short Introduction might prove disappointing to those expecting an introduction to a very short man. Dispelling the myth of Napoleon Bonaparte's short stature, as well as the other rumors and legends, David Bell provides a concise, accurate, and lively portrait of Napoleon Bonaparte's character and career, situating him firmly in historical context.This book emphasizes the astonishing sense of human possibility--for both good and ill--that Napoleon represented. By his late twenties, Napoleon was already one of the greatest generals in European history. At thirty, he had become absolute master of Europe's most powerful country. In his early forties, he ruled a European empire more powerful than any since Rome, fighting wars that changed the shape of the continent and brought death to millions. Then everything collapsed, leading him to spend his last years in miserable exile in the South Atlantic. Bell underscores the importance of the French Revolution in understanding Napoleon's career. The revolution made possible the unprecedented concentration of political authority that Napoleon accrued, and his success in mobilizing human and material resources. Without the political changes brought about by the revolution, Napoleon could not have fought his wars. Without the wars, he could not have seized and held onto power. Though his virtual dictatorship betrayed the ideals of liberty and equality, his life and career were revolutionary\"-- Provided by publisher.
Book
Young people and the Great Recession
This article reviews the effects of the Great Recession on youth labour markets. We argue that young people aged 16-24 have suffered disproportionately during the recession. Using the USA and UK as case studies, we analyse youth unemployment using micro-data. We find that there is convincing evidence that the effects of unemployment when young impose costs on individuals and society well into the future. Although the effects of current policies on youth unemployment are uncertain, there is still a strong case for policy intervention to address the difficulties that the young are having in accessing employment.
Journal Article
Cemetery girl
\"Tom and Abby Stuart had everything: a perfect marriage, successful careers, and a beautiful twelve-year-old daughter, Caitlin. Then one day Caitlin vanished without a trace. For a while they grasped at every false hope and followed every empty lead, but the tragedy ended up changing their lives, overwhelming them with guilt and dread, and shattering their marriage. Four years later, Caitlin is found alive--dirty and disheveled yet preternaturally calm. She won't discuss where she was or what happened. Then the police arrest a suspect connected to the disappearance, but Caitlin refuses to testify, leaving the Stuarts with a choice: Let the man who may be responsible for destroying their lives walk away, or take matters into their own hands. And when Tom decides to try to uncover the truth for himself, he finds that nothing that has happened yet can prepare him for what he is about to discover\"-- Provided by publisher.
BOOK
US AND UK LABOUR MARKETS BEFORE AND DURING THE COVID-19 CRASH
We examine labour market performance in the US and the UK prior to the onset of the Covid-19 crash. We then track the changes that have occurred in the months and days from the beginning of March 2020 using what we call the Economics of Walking About (EWA) that shows a collapse twenty times faster and much deeper than the Great Recession. We examine unemployment insurance claims by state by day in the US as well as weekly national data. We track the distributional impact of the shock and show that already it is hitting the most vulnerable groups who are least able to work from home the hardest – the young, the least educated and minorities. We have no official labour market data for the UK past January but see evidence that job placements have fallen sharply. We report findings from an online poll fielded from 11–16 April 2020 showing that a third of workers in Canada and the US report that they have lost at least half of their income due to the Covid-19 crisis, compared with a quarter in the UK and 45 per cent in China. We estimate that the unemployment rate in the US is around 20 per cent in April. It is hard to know what it is in the UK given the paucity of data, but it has gone up a lot.
Journal Article
The hiding place
Sometimes it's easier to believe a lie. Twenty-five years ago, four-year-old Justin Manning disappeared. Two months later his body was found in a shallow grave in the woods, shocking the small town of Dove Point, Ohio.
BOOK
Meta-Analysis of Effect of Dipeptidyl Peptidase-4 Inhibitors on Cardiovascular Risk in Type 2 Diabetes Mellitus
Patients with type 2 diabetes mellitus (DM) have a very high risk for major adverse cardiovascular (CV) events. Previous studies have shown that traditional oral diabetic medications, despite lowering blood glucose levels, generally do not improve CV outcomes. The safety of some oral hypoglycemic medications has been questioned. We aimed to evaluate the CV safety of dipeptidyl peptidase-4 (DPP4) inhibitors, a novel class of oral diabetic medications, by performing a meta-analysis of DPP4 inhibitors for type 2 DM. A search of electronic databases of published and unpublished literature (until September 30, 2011) was performed to identify randomized controlled trials of ≥24 weeks that compared DPP4 inhibitors to other oral diabetic medications. A meta-analysis was performed using fixed and random effects to determine risk ratio (RR) for adverse CV events with DPP4 inhibitor monotherapy compared to other oral diabetic medications or to placebo. Eighteen randomized met our inclusion criteria, comprising 4,998 patients who were randomized to DPP4 inhibitors and 3,546 to a comparator, with a median duration of therapy of 46.4 weeks. In pooled analysis, the RR of any adverse CV event with a DPP4 inhibitor was 0.48 (0.31 to 0.75, p = 0.001), and the RR for nonfatal myocardial infarction or acute coronary syndrome was 0.40 (0.18 to 0.88, p = 0.02). In conclusion, this meta-analysis provides evidence that DPP4 inhibitors are safe from a CV standpoint and may possibly decrease risk of adverse CV events.
Journal Article