Social and Behavioral Sciences Commons^™

Choosing Among Unequals: A Statistical Solution To A Stalemate, Durgesh Chandra Pathak

Durgesh Chandra Pathak

In Uttar Pradesh, a new tradition has been started of selecting B.Ed degree holders for a job in Primary Schools and it has been named "Vishisht BTC". Applying their own logic, the ruling governments use variuos criterion to select the candidates. The basic problem is that they have to choose candidates on the basis of merit of their marks in various exams. Now, it is well-established fact that marking is not similar in all universities/colleges. So for a same exam, there can be much inter-university as well as intra-university variation in marks given to students. The point is that student …

The Economic Crisis Is Showing The Decline Of Western World-Wide Hegemony - Portuguese Translation -, Ugo Mattei

Ugo Mattei

O Ocidente está em recessão, o que significa estagnação e a interrupção do crescimento. Por si só, poderia se tratar de uma simples interrupção cíclica, e boa parte dos meios de comunicação “oficiais” procuram veicular essa idéia. Um, dois anos de “vacas magras”, um novo “Bretton Woods”, como se costuma dizer agora, e o modelo capitalista, fundado na democracia-liberal, voltará a ser o melhor sistema possível. Segundo outros observadores, poderemos, pelo contrário, nos encontrar frente a um colapso sistêmico, semelhante ao que sacudiu o modelo soviético. Ambas as perspectivas são compatíveis com o fato de que a liderança do Ocidente …

基於Bma方法的長期經濟增長因素確定—— 一個研究綜述, 路征, 鄧翔

Zheng Lu (Chinese: 路征)

將貝葉斯統計理論引入經濟學研究具有重要的理論與實踐價值，並已被國外經濟研究者廣泛應用於經濟研究中。BACE 方法是基於 BMA（Bayesian Model Averaging）的一個改進，由Doppelhofer 等提出並利用其研究長期經濟增長因素的確定，認為許多的潛在因素與經濟增長相關，從而支持了 Sala-i-Martin 而不是 Ross Levine 和 David Renelt 的研究結論。

O Turismo Como Fator De Contribuição Para O Desenvolvimento Local: Uma Análise Do Planejamento Municipal De Piraquara – Paraná, Jorge Amaro Bastos Alves

Jorge Amaro Bastos Alves

Buffalo Hunt International Trade And The Virtual Extinction Of The North American Bison, M. Scott Taylor

M. Scott Taylor

In the 16th century, North America contained 25-30 million buffalo; by the late 19th century less than 100 remained. While removing the buffalo east of the Mississippi took settlers two centuries, the remaining 10 to 15 million buffalo on the Great Plains were killed in a punctuated slaughter in a little over 10 years. I employ theory, data from international trade statistics, and first person accounts to argue that the slaughter on the plains was initiated by a foreign-made innovation and fueled by a foreign demand for industrial leather. Ironically, the ultimate cause of this sad chapter in American environmental …

When Does Legal Origin Matter?, Mohammad Amin, Priya Ranjan

Priya Ranjan

A vast literature documents better economic institutions in common law compared with civil law countries. The present paper argues that legal origin alone is insufficient to explain differences in the quality of economic institutions across countries. Rather, it is the interaction between legal origin and the quality of political institutions that is important. Empirical evidence from a cross-section of 90 countries on entry regulation, a measure of how business friendly economic institutions are towards firms, strongly supports our claim. For example, we find that the number of procedures required to start a business are lower in common law compared with …

Jogelmélet Jog Nélkül? [Legal Theory Without Law?], Péter Cserne

Péter Cserne

No abstract provided.

The Global Financial Crisis: Reflections On Impact On Developing Economies, Shyam Sunder

Shyam Sunder

No abstract provided.

Alleviating Global Poverty Through Profitable Partnerships: Moral Imagination & Economic Well-Being, Laura Hartman, P. Werhane, D. Moberg, S. Kelley

Laura Hartman

While at least one out of six in the global human population cannot meet the basic demands of survival and they have little ability to buy goods and services, this situation also presents potential new markets for multinational enterprises seeking long-term sustainability. If economic growth is a continuing and positive goal for the planet and for global companies, then, as markets in developed economies become saturated, these new markets provide fresh opportunities to satisfy this objective.

Threats In Latin American And Caribbean Countries: How Do Inequality And The Asymmetries Of Rules Affect Tax Morale?, Maximo Rossi, Juan Pablo Pagano, Natalia Melgar, Mariana Gerstenblüth

Maximo Rossi

Latin America is well known as the most inequitable region. As it is recognized, inequality and corruption perception weaken the way that political institutions works and the democratic system. Focusing on Latin American and Caribbean countries, we analyze what are the elements that shape tax morale. In particular, we analyze how the context influences on ethic decisions such as the predisposition to pay taxes. Our data source is the survey carried out in 2005 by Latinobarometro. In particular, our objective is to analyze how country performance is determining tax morale. To do so, we estimated four probit models including Gini …

El Costo Económico De La Migración Mexicana Hacia Estados Unidos, 1980-2005, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

Paul Krugman: La Conciencia De Un Liberal, Alfredo Bateman

Alfredo Bateman

No abstract provided.

Does Treatment Respond To Reimbursement Rates? Evidence From Trauma Care, Paul Heaton, Eric Helland

Paul Heaton

Some models of provider behavior predict that physicians, like other experts, may respond dysfunctionally to financial incentives by recommending unnecessary treatment. We empirically test this relationship using data from inpatient hospitalizations surrounding a 2003 Colorado auto insurance reform. The reform shifted a large fraction of auto injury patients from coverage through auto insurers to less generous sources of reimbursement, such as health insurance and self-pay. Despite negligible changes in auto injury characteristics during this period, treatment supply increased following the reform. Procedure use rose by 5-10% and billed charges rose by 5%, and these increases are specific to auto but …

Do Police Discriminate? Evidence From Multiple-Offender Crimes, Paul Heaton, Charles Loeffler

Paul Heaton

A large body of prior research examines whether differential arrest rates of minorities reflect disproportionate minority involvement in crime or institutional bias that targets enforcement towards minorities. This research has been limited by difficulties in measuring the extent to which minority offending differs from offending in general. In this paper we exploit the fact that some crimes are committed by groups of both Black and White offenders to estimate the extent to which minority offenders face differential probabilities of arrest. Our research design permits us to control for all observable and unobservable circumstances associated with each offense for this subpopulation. …

How Will Obama Election Affect India?, Shyam Sunder

Shyam Sunder

No abstract provided.

Factors Influencing Farmers’ Willingness To Protect Groundwater From Nonpoint Sources Of Pollution In The Lower Bhavani River Basin, Tamil Nadu, India, Sacchidananda Mukherjee

Sacchidananda Mukherjee

Farmers' perceptions about groundwater and drinking water quality are important, which influence their willingness to adopt protection measures either individually or collectively. This study attempts to capture the factors influencing farmers’ perceptions and their willingness to protect groundwater from nonpoint sources of pollution, and their willingness to support the local government to supply drinking water through alternative arrangements. Six villages are identified in the Lower Bhavani River Basin, Tamil Nadu, India on the basis of their long-term groundwater nitrate concentrations and sources of irrigation. A pre-structured questionnaire survey (face-to-face interviews) has been administered to 395 farm-households across six villages during …

Vote For Charity's Sake, Aaron S. Edlin, Andrew Gelman, Noah Kaplan

Aaron Edlin

In a battleground state like Colorado or New Mexico, voting in the presidential election may be equivalent to giving $30,000 - $50,000 to others in expected value, and as such is an extremely efficient form of charity.

Quashing The Financial Firestorm, Aaron S. Edlin

Aaron Edlin

Start the financial rescue with containment, establish unlimited deposit insurance and continuous access to funds, then move to a well thought-out plan to quash the financial flames.

La Caída De Las Pirámides Y Los Mercados, Alfredo Bateman

Alfredo Bateman

No abstract provided.

Linkages Between Industrialization Strategies And Industrial Relations/Human Resource Policies: Singapore, Malaysia, The Philippines, And India, Sarosh Kuruvilla

Sarosh Kuruvilla

The case studies of Singapore, Malaysia, the Philippines, and India presented in this paper support the author's contention that a country's industrialization strategy for economic development profoundly influences its industrial relations (IR) and human resources (HR) policy goals. The author finds that import substitution industrialization was associated with IR/HR policy goals of pluralism and stability, while a low-cost export-oriented industrialization strategy was associated with IR/HR policy goals of cost containment and union suppression. In countries that moved from a low-cost export-oriented strategy to a higher value added export-oriented strategy, the focus of IR/HR policy goals shifted from cost containment to …

Empowering The Public Health Service, Louis Graham

Louis F Graham

Mumbai And Malgudi: Cooperate On Sezs To Bring Prosperity To All., Shyam Sunder

Shyam Sunder

No abstract provided.

Energy Tax Incentives And The Alternative Minimum Tax, Curtis Carlson, Gilbert E. Metcalf

Gilbert E. Metcalf

We take a first look at limitations on the use of energy-related tax credits contained in the General Business Credit (GBC) due to limitations within the regular corporate income tax as well as the AMT. Between 2000 and 2005, firms were unable to use all energy-related tax credits due to GBC limitations in the regular tax. The AMT has a smaller but still pronounced impact on the ability of firms to use these credits. Finally we provide some illustrative calculations to demonstrate how the AMT can lead to very different levelized costs of producing electricity from a wind power project.

Do Borrowers Know Their Mortgage Terms?, Brian K. Bucks, Karen M. Pence

Karen M. Pence

We assess whether borrowers know their mortgage terms by comparing the distributions of these variables in the household-reported Survey of Consumer Finances (SCF) to the distributions in lender-reported data. We also examine the characteristics of SCF respondents who report not knowing these contract terms. Although most borrowers seem to know basic mortgage terms, borrowers with adjustable-rate mortgages appear likely to underestimate or to not know how much their interest rates could change. Borrowers who could experience large payment changes if interest rates rose are more likely to report not knowing these contract terms. Difficulties with gathering and processing information appear …

Framing The Choice Between Cash And Courthouse: Experiences With The 9/11 Victim Compensation Fund, Gillian K. Hadfield

Gillian K Hadfield

In this paper I report the results of a quantitative and qualitative empirical study of how those who were injured or lost a family member in the September 11, 2001 terrorist attacks evaluated the tradeoff between a cash payment--available through the Victim Compensation Fund--and the pursuit of litigation. Responses make it clear that potential plaintiffs saw much more at stake than monetary compensation and that the choice to forego litigation required the sacrifice of important non-monetary, civic, values: obtaining and publicizing information about what happened, prompting public findings of accountability for those responsible, and participating in the process of ensuring …

Applying Regret Theory To Investment Choices: Currency Hedging Decisions☆, Sébastien Michenaud, Bruno Solnik

Sébastien Michenaud

Foreign Exchange Intervention And Central Bank Independence: The Latin American Experience, Mauricio Nunes, Sergio Da Silva

Sergio Da Silva

Employing data from 13 Latin American countries, we find that greater central bank independence is associated with lesser intervention in the foreign exchange market, and also with leaning-against-the-wind intervention. We also find that the structural reforms that occurred in Latin America mostly in the 1990s helped to reduce the need for foreign exchange intervention.

The Physical Basis Of Voluntary Trade, Karl Widerquist

Karl Widerquist

The article discusses the conditions under which can we say that people enter the economic system voluntarily. “The Need for an Exit Option” briefly explains the philosophical argument that voluntary interaction requires an exit option—a reasonable alternative to participation in the projects of others. “The Treatment of Effective Forced Labor in Economic and Political Theory” considers the treatment of effectively forced interaction in economic and political theory. “Human Need” discusses theories of human need to determine the capabilities a person requires to have an acceptable exit option. “Capability in Cash, Kind, or Raw Resources” considers what form access to that …

Differences In Impact Factor Across Fields And Over Time, Benjamin M. Althouse, Jevin D. West, Ted C. Bergstrom, Carl T. Bergstrom

Ted C Bergstrom

The impact factor of an academic journal for any year is the number of times the average article published in that journal in the previous two years are cited in that year. From 1994-2005, the average impact factor of journals listed by the ISI has been increasing by an average of 2.6 percent per year. This paper documents this growth and explores its causes.

La Riqueza De La Nación, Rodrigo Garcia-Verdu

Rodrigo Garcia-Verdu

No abstract provided.