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Daily Archives: December 14, 2014

The role of enterprising libraries in promoting economic wellbeing

The Carnegie UK Trust – Beyond Books. The role of enterprising libraries in promoting economic wellbeing. Jennifer Peachey.

“Public spending cuts are changing the physical landscape, governance models and staffing of the public library service. Changing demographics, varying consumer needs and new technologies as media for learning and accessing information have also provided challenges to the public library service. Some public libraries have taken these challenges as an opportunity to reconsider what they offer to members of the public and how to deliver on this offer. The Trust believes that much can be learned from these innovative and enterprising libraries. As part of the Trust’s work on the future of public libraries, we were particularly keen to understand their engagement with economic wellbeing more fully. Public libraries contribute to the economic wellbeing of individuals and communities through: supporting access to education, training and employment, enabling people to fulfil their potential, helping people maximise their income, and supporting enterprise. The Enterprising Libraries programme involved four projects that were already exploring creative ways of encouraging enterprise and digital skills development. Independent evaluation
of the projects was conducted to ensure that lessons and experience from the projects were captured and could be shared with public library professionals and policymakers. The four case studies discussed in this report demonstrate four diverse and innovative ways in which libraries can work towards supporting and promoting economic wellbeing: hosting digital careers events; facilitating children’s interest in STEM (science, technology, engineering and maths) subjects; supporting individuals to borrow, share, lend and learn skills and develop small enterprises; and sharing knowledge about one approach to enterprise support between library authorities. They show clearly that public libraries have the potential to contribute directly to economic wellbeing in their communities and that there are many ways in which they can do this alongside the more well-established activities, such as running jobs club or helping with online benefit applications.”

An Equilibrium Model of Institutional Demand and Asset Prices

Koijen, Ralph S. J. and Yogo, Motohiro, An Equilibrium Model of Institutional Demand and Asset Prices (December 12, 2014). Available for download at SSRN: http://ssrn.com/abstract=2537559 “We develop an asset pricing model with rich heterogeneity in asset demand across investors, designed to match institutional holdings data. The equilibrium price vector is uniquely determined by market clearing,… Continue Reading

Captured Documents Illuminate Structure of Islamic State Financing

Boston Globe: The terrorist bureaucracy: Inside the files of the Islamic State in Iraq. An exclusive look at captured documents reveals the tight organizational structure — and vulnerabilities — of a violent movement “The group takes a bureaucratic, systematized approach to maintaining power that makes it look in some ways more like a settled government than… Continue Reading

Patterns of Text Reuse in a Scientific Corpus

Patterns of Text Reuse in a Scientific Corpus. Daniel T. Citron, Paul Ginsparg (Submitted on 8 Dec 2014) “We consider the incidence of text “reuse” by researchers, via a systematic pairwise comparison of the text content of all articles deposited to arXiv.org from 1991–2012. We measure the global frequencies of three classes of text reuse, and measure… Continue Reading

Unauthorized Immigrant Population Trends for States, Birth Countries and Regions

Pew – “Explore U.S. unauthorized immigrant population trends for states of residence, as well as for international regions and largest countries of birth, based on Pew Research Center estimates. In 2012, an estimated 11.2 million unauthorized immigrants lived in the U.S., down from a peak of 12.2 million in 2007 and unchanged since 2009. For… Continue Reading

Wealth inequality has widened along racial, ethnic lines since end of Great Recession

Pew – Racial, Ethnic Wealth Gaps Have Grown Since the Great Recession “The Great Recession, fueled by the crises in the housing and financial markets, was universally hard on the net worth of American families. But even as the economic recovery has begun to mend asset prices, not all households have benefited alike, and wealth… Continue Reading

Avian Tree of Life Revealed

Science 12 December 2014:  Vol. 346 no. 6215 pp. 1308-1309  DOI: 10.1126/science.346.6215.1308 A flock of genomes – Guojie Zhang, Erich D. Jarvis, M. Thomas P. Gilbert  “Characterization of genomic biodiversity through comprehensive species sampling has the potential to change our understanding of evolution. To study evolution across a major vertebrate class, dissect the genomics of complex traits, and… Continue Reading