Family Foundations Giving Trends 2014 Report

This is the sixth annual edition of Family Foundation Giving Trends. It provides an uptade on annual charitable spending by the top 100 family foundations - a key indicator of the contribution of UK philanthropists, past and present. The report has been revised as part of a new series of foundation briefings published by ACF and CGAP with support from Pears Foundation. Foundations may be funded through families, individuals, family businesses, companies, government, or fundraising, and this report specifically focuses on family foundations

Supply Chain Management in the Hospitality Industry: A research agenda

Supply Chain Management is at the heart of competitive advantage for any organisation. Without Supply Chains, the Hospitality Industry would quickly grind to a halt. There would be no fruit or vegetables in our restaurants, no beer or wine in our bars and no beds or toilets in our hotels. There would be no recycling of glass or the disposal of food products. There would be no customers. Given the importance of Supply Chains to the Hospitality Industry it is perhaps surprising that so little is published about Supply Chains and how Supply Chains can be managed. The aim of this working paper is to define SCM and establish an agenda for undertaking research into this important but neglected topic

A model for the onset of oscillations near the stopping angle in an inclined granular flow

We propose an explanation for the onset of oscillations seen in numerical simulations of dense, inclined flows of inelastic, frictional spheres. It is based on a phase transition between disordered and ordered collisional states that may be interrupted by the formation of force chains. Low frequency oscillations between ordered and disordered states take place over weakly bumpy bases; higher-frequency oscillations over strongly bumpy bases involve the formation of particle chains that extend to the base and interrupt the phase change. The predicted frequency and amplitude of the oscillations induced by the unstable part of the equation of state are similar to those seen in the simulations and they depend upon the contact stiffness in the same way. Such oscillations could be the source of sound produced by flowing sand

Centurial‐millenial ice‐rafted debris pulses from ablating marine ice sheets

We use an ice‐sheet model to show that (i) margins of marine ice‐sheets can be expected to be frozen to the bed, except where ice‐streams discharge; (ii) 20–50km retreats induced by ablation rates of 2 m/yr provide sufficient debris flux through the grounding line to produce large sedimentation events. Such ablation would reduce ice‐shelf extent markedly, permitting debris to reach the calving front and be transported by icebergs leading to ice‐rafted debris (IRD) events. Ice shelf break‐up takes around a century (start of IRD pulse), while the creation of warm‐based conditions (end of IRD pulse) due to upwards motion of warm ice takes a few more centuries. Such IRD pulses are unlikely to explain Heinrich events, which are associated with relatively cold periods within glaciations. Surges are not necessary conditions for the production of large IRD events

Naturalness of the Coleman-Glashow Mass Relation in the 1/N_c Expansion: an Update

A new measurement of the Xi^0 mass verifies the accuracy of the Coleman-Glashow relation at the level predicted by the 1/N_c expansion. Values for other baryon isospin mass splittings are updated, and continue to agree with the 1/N_c hierarchy.Comment: 6 pages, revte

Research Briefing Charitable Trusts and Foundations' Engagement in the Social Investment Market

Foundations engaged in social investment frequently provide risk capital to charities and social enterprises that are starting or scaling up or that need working capital. Although social investments typically can deliver below market returns and/or involve venture capital style risks, those who make them feel they are justified because of the social return

Measuring Inequality Using Censored Data: A Multiple Imputation Approach

To measure income inequality with right censored (topcoded) data, we propose multiple imputation for censored observations using draws from Generalized Beta of the Second Kind distributions to provide partially synthetic datasets analyzed using complete data methods. Estimation and inference uses Reiter's (Survey Methodology 2003) formulae. Using Current Population Survey (CPS) internal data, we find few statistically significant differences in income inequality for pairs of years between 1995 and 2004. We also show that using CPS public use data with cell mean imputations may lead to incorrect inferences about inequality differences. Multiply-imputed public use data provide an intermediate solution.Income inequality, topcoding, partially synthetic data, CPS, current population survey, generalized beta of the second kind distribution

Recent trends in top income shares in the USA: Reconciling estimates from March CPS and IRS tax return data

Although the majority of research on US income inequality trends is based on public-use March CPS data, a new wave of research using IRS tax return data reports substantially higher levels of inequality and faster growing trends. We show that these apparently inconsistent estimates are largely reconciled if the inequality measure and the income distribution are defined in the same way. Using internal CPS data for 1967–2006, we closely match IRS data-based estimates of top income shares reported by Piketty and Saez (2003). Our results imply that any inequality increases since 1993 are concentrated among the top 1 percent of the distribution.US Income Inequality, Top income shares, March CPS, IRS tax return data.