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The purpose of this paper is to identify bank deserts in the USA in 2009 and 2015, separately for inner city, suburban, and rural areas. It also identifies correlations between bank deserts, population characteristics, market competition, and payday lending restrictions, both cross-sectionally and over time.

FDIC data on bank office locations are used to identify bank deserts, defined as the 5 percent of census tracts with the greatest distance from the centroid to the nearest office. Those data are matched to both American Community Survey data to identify population characteristics, to a list of states with payday lending prohibitions, and to levels of market competition. An alternative measure of bank deserts corrects for population density. Geography is analyzed, mean characteristics compared, and random effects regressions capture static and dynamic correlates.

Population density explains approximately half of bank distance variance. Bank deserts appear more often in southern and western states, and expanded significantly in inner cities while contracting in rural areas. Regression results suggest that African Americans were overall and increasingly likely to live in bank deserts and Native Americans were overall more likely to live in rural bank deserts. Rural poverty is linked to bank deserts, and the effects of competition are complex.

The space for policy intervention exists in African American inner cities and Native American rural communities.

The relative measure of bank deserts is novel, as are dynamic estimates and random effects analysis of correlates.

The study aims to analyze the roles of poverty and African American status in terms of vulnerability to tornado damages and barriers to recovery afterward.

Using five decades of county-level data on tornadoes, the authors test whether economic damages from tornadoes are correlated with vulnerability (proxied by poverty and African American status) and wealth (proxied by median income and educational attainment), controlling for tornado risk. A multinomial logistic difference-in-difference (DID) estimator is used to analyze long-run effects of tornadoes in terms of displacement (reduced proportions of the poor and African Americans), abandonment (increased proportions of those groups) and neither or both.

Controlling for tornado risk, poverty and African American status are linked to greater tornado damages, as is wealth. Absent tornadoes, displacement and abandonment are both more likely to occur in urban settings and communities with high levels of vulnerability, while abandonment is more likely to occur in wealthy communities, consistent with on-going forces of segregation. Tornado damages significantly increase abandonment in vulnerable communities, thereby increasing the prevalence of poor African Americans in those communities. Therefore, the authors conclude that tornadoes contribute to on-going processes generating inequality by poverty/race.

The current paper is the first study connecting tornado damages to race and poverty. It is also the first study finding that tornadoes contribute to long-term processes of segregation and inequality.

This chapter examines the ways in which some organizations overstep their bounds by making unlimited claims on their employees’ lives. Organizations that do this are described as “greedy institutions,” using the term coined by sociologist Lewis Coser. Sullivan explains how modern technologies and other factors have enabled employers to make increasing claims on employees, extending the workday beyond its traditional limits and overworking the employees. Technologies such as smart phones have enabled employers to get greedier – often while appearing to do just the opposite. For example, an employer can appear to be generous to employees by issuing company-funded smart phones, but those smart phones become tethers that keep the employees attached to their work and their supervisors 24/7. Sullivan argues that while many corporations are greedy, some universities are now also becoming greedy, partially because of increasing demands for productivity and efficiency in higher education. Sullivan discusses these issues within the context of the work of Randy Hodson, who influenced Sullivan’s thinking and writing on this topic.

The purpose of this paper is to analyze interest-bearing checking (IC) account policies, including the monthly fee, and minima to avoid the fee or to earn interest, as shrouded equilibria in the sense that low-income depositors subsidize higher income depositors. The authors ask whether behavior is consistent with low-income depositors being myopic, and analyze the role of competition and bank size.

IC policy data from RateWatch cover more than 600 single-market banks from 2008-2012, and are matched to FDIC SOD data and call report data for testing. Hypotheses assuming low-income depositors are myopic are tested, as are the effects of bank size and competition with local market and multi-market banks.

IC policies represent locally shrouded equilibria, with low-income depositors subsidizing higher income depositors up to a well-defined threshold, with depositors above that threshold subsiding all other customers. IC policy patterns are consistent with low-income customers being myopic, with banks generally avoiding drawing their attention, attempting to confuse them, and with policies consistent with a present orientation among low-income depositors. Local market competition does not meet the traditional expectation of favoring consumers. Additionally, larger banks report higher fees and minima, with the difference growing during the period.

IC policies have not received regulatory attention, yet the fees likely fall mainly on low-income individuals, and may continue to grow.

The analysis of IC policies is novel, as is the locally shrouded equilibrium model, and findings regarding competition.

Equal Opportunities at Wellcome The October issue of Personnel Management contains an article entitled “ When line managers welcome equal opportunities”.

The COVID-19 pandemic has created a new normal for international business (IB) activities, leaving them pondering their next steps. The decreasing effectiveness of current vaccines to protect individuals against new variants have created uncertainty on how to respond to the new waves of the COVID-19 infection. This study aims to empirically assesses how IBs perceive the unfolding challenges in the supply chain due to the pandemic and the solutions.

The survey data is obtained from 166 logistics professionals in Hong Kong and India.

The results reveal that returns on investment, logistics, delays and imports are the most affected areas. The most often recommended solutions for supply chain management (SCM) include using local manufacturing capabilities, analytics and automation, offering better customer service, providing more effective transportation means, ensuring diligence around optimization and focusing on sustainability.

The findings of this study help to improve supply chain operations. This study also provides recommendations for changes to SCM in response to the new normal.

This paper draws from more than 25 years of research with aspiring and practicing educational leaders to present six strategies for building a culture of feedback in schools, teams, districts, professional learning opportunities, and other educational settings. These strategies reflect key elements of the authors’ new, developmental approach to feedback. The paper aims to discuss these issues.

Through the lens of adult developmental theory, the authors highlight foundational learnings from open-ended survey research with 14 educational leaders about their experiences giving and receiving feedback, and prior qualitative, mixed-method, and longitudinal research with principals, assistant principals, teachers, superintendents, and other educational leaders.

The authors share six developmentally oriented strategies for establishing trust and building conditions for authentic, generative feedback: finding value in mistakes, modeling vulnerability, caring for the (inter)personal, clarifying expectations, sharing developmental ideas, and building an infrastructure for collaboration.

This work has implications for leadership and leadership preparation, especially given contemporary emphases on collaboration and high-stakes evaluations as tools for ongoing improvement, enhancing professional capital, and internal, individual, and system-wide capacity building.

Because a developmental perspective has been noticeably missing from the wider feedback literature and leadership preparation curricula, this work extends and enhances tenets from different fields (e.g. business, developmental psychology, educational leadership and educational leadership preparation), while also addressing urgent calls for educational reform; leadership preparation, development, and practice; and professional capital building.

In July 2010 Robert Drake, senior director at Micawber Capital, one of India's largest microfinance organizations, needed to recommend a corporate structure and organization for Micawber after its scheduled IPO in August 2010.

The IPO would bring to Micawber new stakeholders, primarily financial institutions. Drake was skeptical that the new investors shared Micawber's commitment to help alleviate poverty in rural India through microcredit loans; he assumed their primary interest was a good return on their investments. The two objectives–increasing ROI and meeting the financial needs of the poor–seemed at odds with each other.

Drake had to consider how the interests of clients and investors would be represented in strategic decisions so that they balanced the conflicting values of the stakeholders.

• Balance stakeholder commitments to business objectives and social mission

• Understand the expectations of both commercial investors and mission-conscious investors in social enterprises

• Discuss the challenges and opportunities of structuring an organization and key partnerships based on a long-term values strategy

• Identify organizational policies and business processes that can be changed to encourage an appropriate balance of values-based and financial-based decisions

Balance stakeholder commitments to business objectives and social mission

Understand the expectations of both commercial investors and mission-conscious investors in social enterprises

Discuss the challenges and opportunities of structuring an organization and key partnerships based on a long-term values strategy

Identify organizational policies and business processes that can be changed to encourage an appropriate balance of values-based and financial-based decisions

In 2018, Ontario regulations pertaining to principal and vice-principal performance appraisals were amended in order to explicitly require that principles of human rights and equity (1) be upheld in Performance Plan goals regarding student achievement and well-being and (2) be a focus of leadership competency development in their Annual Growth Plan. These changes were instituted to support the stated aim of identifying and addressing systemic barriers and biases. For these measures to lead to systemic change rather than mere “performative” equity exercises, those in supervisory roles require a relevant framework to guide and support this aspect of the professional development and performance of principals and vice-principals. Existing provincial educational leadership frameworks are limited in this respect. This chapter draws on foundations in Adult Development to propose how fostering an expanding capacity to hold complexity is key to socially-just leadership and the sought-after systemic change.

Using administrative, longitudinal data on felony arrests in Florida, we exploit the discontinuous increase in the punitiveness of criminal sanctions at 18 to estimate the deterrence effect of incarceration. Our analysis suggests a 2% decline in the log-odds of offending at 18, with standard errors ruling out declines of 11% or more. We interpret these magnitudes using a stochastic dynamic extension of Becker’s (1968) model of criminal behavior. Calibrating the model to match key empirical moments, we conclude that deterrence elasticities with respect to sentence lengths are no more negative than − 0 . 13 for young offenders.