The Connecticut Academy of Science and Engineering is a private, nonprofit, public-service institution patterned after the National Academy of Sciences. The Academy identifies and studies issues and technological advances that are or should be of concern to the people of Connecticut, and provides unbiased, expert advice on science- and technology-related issues to state government and other Connecticut institutions. It is comprised of distinguished scientists and engineers from Connecticut's academic, industrial, and institutional communities. Membership is limited by the Academy's Bylaws to 400 members.
In the News
Bulletin of the Connecticut Academy of Science and Engineering
The Academy publishes the Bulletin of the Connecticut Academy of Science and Engineering, a quarterly publication that is available in both print and electronic format. Click here to subscribe.
Reports and Studies
In the latest issue of the Bulletin:
Yale's Robert Shiller Awarded Nobel Prize
for Research in Asset Price Analysis
There is no way to predict whether the price of stocks and bonds will increase or decrease over the short term, such as days or weeks. However, based on the findings of Nobel Laureates Eugene Fama, Lars Peter Hansen, and Robert Shiller, it is possible to foretell a wider course of asset prices over a longer time horizon, such as three to fie years. Although we do not yet understand how asset prices are derived, the research of the Laureates has revealed a number of signifcant regularities that are helping to develop more complete descriptions.
CASE member Robert J. Shiller is Sterling Professor of Economics, Department of Economics and Cowles Foundation for Research in Economics, Yale University, and Professor of Finance and Fellow at the International Center for Finance, Yale School of Management. He received his bachelor’s degree from the University of Michigan and his doctorate in economics from the Massachusetts Institute of Technology. He has written on financial markets, financiainnovation, behavioral economics, macroeconomics, real estate, statistical methods, and on public attitudes, opinions, and moral judgments regarding markets. Professor Shiller was awarded the 2013 Nobel Prize in Economic Sciences, together with Eugene Fama and Lars Peter Hansen of the University of Chicago, ”for their empirical analysis of asset prices.” A new member of CASE, Shiller will share his research and his Nobel experience at the 2014 CASE Annual Meeting on June 5, 2014. [Read More]
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Executive summaries of all recent reports issued by the Connecticut Academy of Science and Engineering are available online. Most recent reports, including the three latest ones listed below, are also available in their entirety online in PDF format (please note that some files are large and may take a few minutes to download, depending on your connection speed). Hard copies of recent reports may be ordered for a fee.
“Analyzing the Economic Impacts of Transportation Projects” was conducted on behalf of the Connecticut Department of Transportation (ConnDOT) by the Connecticut Academy of Science and Engineering (CASE). The main goal of the study is to explore methods, approaches and analytical software tools for analyzing economic activity that results from large-scale transportation investments in Connecticut. The transportation system and users of transportation infrastructure interact with the economy in complex ways, causing economic impacts. Therefore, in order to effectively analyze the economic impact of transportation projects, the study committee concluded that ConnDOT should consider the following:
- Establishing the role of economic impact analysis in the state’s strategic transportation planning process.
- Adopting an objective, independent and consistent process for conducting economic impact analyses that incorporates the state’s regional, economic and political considerations.
- Building capacity of ConnDOT staff including their understanding of economic impact analysis and the tools used to conduct such analyses for use in the strategic planning process and to support and manage analysts that conduct the analyses.
- Utilizing analysts well versed in the principles of transportation planning/
engineering and economic theory, and knowledgeable about the interrelations between the two for the purpose of ensuring validity of the results.
- Establishing a partnership with an organization or consultant with the capacity to conduct economic analyses to achieve consistency in analyses over time.
- Selecting an economic analysis software model to analyze the economic impact of transportation projects. Of the models considered in this study, currently REMI TranSight and TREDIS are recommended for ConnDOT’s consideration.
- Customizing and communicating the results of the analyses in meaningful terms for various audiences (e.g., decision makers, stakeholders and the public).
[Full Report / 5.9MB] [Executive Summary]
The use of Health Impact Assessments (HIAs) is a relatively new process in the United States that is designed to ensure that often overlooked or unanticipated health impacts are considered in proposed policies, programs, projects or plans. HIAs offer practical recommendations to minimize negative health risks and maximize health benefits, while addresing differential health impacts on vulnerable groups of people. They have been used by decision makers at the federal, state and local levels in a variety of sectors, including agriculture and food, built environment, education, housing, labor and employment, natural resources and energy, and transportation.
The purpose of this study is to provide the Connecticut General Assembly, state agencies, local health departments, regional health districts, and interested parties with information about HIAs for the purpose of assessing their value for use in Connecticut.
[Full Report / 6MB] [Executive Summary] [Press Release]
At the request of the Connecticut General Assembly, the Connecticut Academy of Science and Engineering (CASE), in accordance with legislation adopted in the 2012 legislative session, Public Act 12-1 and Public Act 12-104, shall conduct a disparity study of the state’s Small and Minority Business Enterprise Set-Aside Program (“Set-Aside Program”). Public Act 12-1 provides an overview of the scope of work to be included in the study, and Public Act 12-104 provides for the funding of the project.
Findings from the study’s initial research and analysis of Connecticut’s current Set-Aside Program identified that:
- The state’s executive branch agencies and the other branches of state government that are responsible for awarding state contracts and overseeing the Set-Aside Program do not uniformly collect subcontractor contracting data, including payment information.
- A review of the legal issues and case law, including presentations to the CASE Study Committee by experts on matters of race-based and gender-based programs, identified that subcontractor data and financial information is a critical component of conducting a valid disparity study. Additionally, it was noted that unless quality data are collected and available for analysis, the results of the disparity study could be challenged in court, which would negate the purpose of conducting the study.
Therefore, it is recommended that the disparity study be divided into four distinct phases: Phase 1: Connecticut’s Set-Aside Program Review and Analysis, Legal Issues, and Stakeholder Anecdotal Information/Analysis; Phase 2: Diversity Data Management System Specification and Review of Agency Procedures and Practices Related to System Implementation, Best Practices Review and Analysis, and Establishing MBE/WBE Program Requirements; Phase 3: Diversity Data Management System Testing, Econometric Model Acquisition and Testing, Legal Issues Update, Agency Progress and Race-Neutral Measures Implementation Review, and MBE/WBE Company Survey; and Phase 4: Data Analysis and Goal Setting, Anecdotal Information/Analysis, and Final Project Report.
[Full Report* / 3MB][Executive Summary]
* Note: Revised to incorporate clarification of Section 7.2.1 ("Ownership") on page 75.
Stem cell research has the potential for significant benefits to human health. Scientists are exploring the use of stem cells for the growth and development of tissues and organs, developing new drugs and studying genetic diseases.
In 2005, Connecticut joined California and New Jersey as the only states to allocate public funds for stem cell research (Public Act 05-149). The Connecticut Stem Cell Research Program was appropriated $20M for grants-in-aid for embryonic or human adult stem cell research. Additionally, this act allocated a total of $80M to be used over the course of seven years (2008-2015) from the state’s Tobacco Settlement Fund to support additional stem cell research. The stated purpose of the program is to “support the advancement of embryonic and/or human adult stem cell research in Connecticut.” While the political and scientific environments of today are quite changed from when the act was adopted, the need for funding stem cell research has not diminished.
At year six of the Connecticut Stem Cell Research Program, the Connecticut Department of Public Health (DPH) and Connecticut Innovations (CI) asked the Connecticut Academy of Science and Engineering (CASE) to conduct an analysis of the accomplishments of the program, and to report findings and recommendations to DPH and CI.
[Full Report / 1.5 MB][Executive Summary]
The General Assembly tasked the Connecticut Academy of Science and Engineering (CASE) with studying the workforce alignment system in Connecticut. The impetus for this study was the recognition that on the heels of the Great Recession, the state did not have an effective workforce alignment system to assist residents and businesses in their recovery from the economic downturn. This study was conducted at a time in which the General Assembly and the governor were realigning the workforce system and actively pursuing fundamental structural reforms.
The study’s goal is to identify strategies and mechanisms to assess and evaluate the value and effectiveness of those state programs and resources that have a goal of providing businesses and industries in Connecticut with a skilled workforce (with a focus on fields related to science,technology, engineering and mathematics) that meets the needs and expectations of employers, and at the same time, seeks to ensure that students receive the education they need and expect to successfully work in today’s jobs/careers and in the jobs/careers of the future. This study is not an evaluation of particular programs or industries in Connecticut, but rather, provides guidance to assure that the state continually maintains an agile, flexible workforce system thatcan respond to needs of residents and businesses in a constantly changing environment.
[Full Report / 3.6 MB][Executive Summary]
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How to contact CASE
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This page last updated:
March 19, 2014
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