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In this paper we study the effect of optimistic income expectations on life satisfaction amongst the Chinese population … strong in the countryside and amongst rural-to-urban migrants. The importance of these expectations for life satisfaction is … particularly pronounced in the urban areas, though also highly significant for the rural area. If expectations were to reverse from …
Persistent link: https://www.econbiz.de/10010597452
We develop a model of legislative decision making in which lobbying and public policy are jointly determined. We examine how policy outcomes depend on the sizes of the interest groups. While a larger size typically involves favorable effects on policy, we also identify threshold levels of...
Persistent link: https://www.econbiz.de/10010930947
This is a prepublication version of an article which appeared in the World Review of Political Economy. Please cite as Desai, R. and A. Freeman. 2001. ‘Value and Crisis Theory in the “Great Recession”’. World Review of Political Economy. Vol 2 No. 1, Spring 2011. Pp 35-47. This article...
Persistent link: https://www.econbiz.de/10011258893
Purpose – The purpose of this paper is to counteract Epstein's views on the alienability of property. Epstein favors limitations of laissez-faire capitalism regarding such things as guns, liquor, narcotics, certain books and voting and this paper aims to criticize them from the perspective of...
Persistent link: https://www.econbiz.de/10005081271
Purpose – Singapore does not have a welfare State. Instead it has full employment, rapid growth, affordable education and equality of opportunity. It also has the Housing Development Board and the Central Provident Fund. Public housing and compulsory savings are the subject of this paper. The...
Persistent link: https://www.econbiz.de/10005081332
Purpose – The purpose of this paper is to find out if there is any convergence between the Third Way in Europe and the Conservative Democracy in Turkey in their politico-economic strategies for dealing with the social question with the thought that both the political identities have come into...
Persistent link: https://www.econbiz.de/10009644177
The electricity subsidy distribution pattern needs to be scrutinised to assess whether the policy benefits small producers, a normative argument often made while granting any input subsidy. In Punjab, this policy is found to ignore equity considerations while granting non-discriminatory...
Persistent link: https://www.econbiz.de/10005836201
Economic policy depends not only on national elections but also on coalition bargaining strategies. In coalition government, minority parties bargain on policy and form a majority coalition, and select a Prime Minister from their mids. In Holland the latter is done conventionally with Plurality,...
Persistent link: https://www.econbiz.de/10008530713
No new issues are discussed but we try to improve on the didactics of some well-known elementary features of multiple seats elections that rely on a single vote such as common elections for Parliament or the U.S. Congress. The didactics concentrate on proportionality versus districts. Since some...
Persistent link: https://www.econbiz.de/10008533262
Purpose – Henry George was acclaimed by the general public and disdained by the professional economists, largely for the same reasons. For the general public, progress, and poverty seemed to go to the heart of the matter, treating economics as a question of justice. But for the professionals,...
Persistent link: https://www.econbiz.de/10004977801