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Are optimistic expectations keeping the Chinese happy?

Frijters, Paul; Liu, Amy Y.C.; Meng, Xin - In: Journal of Economic Behavior & Organization 81 (2012) 1, pp. 159-171

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

How to commit (if you must): Commitment contracts and the dual-self model

Peysakhovich, Alexander - In: Journal of Economic Behavior & Organization 101 (2014) C, pp. 100-112

This paper studies how dual-self (Fudenberg and Levine, 2006) decision-makers can use commitment technologies to combat temptation and implement long-run optimal actions. I consider three types of commitment technologies: carrot contracts (rewards for ‘good’ behavior financed by borrowing...

Persistent link: https://www.econbiz.de/10010942998

Interest-group size and legislative lobbying

Schneider, Maik T. - In: Journal of Economic Behavior & Organization 106 (2014) C, pp. 29-41

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

Epstein on alienation: a rejoinder

Block, Walter - In: International Journal of Social Economics 33 (2006) March, pp. 241-260

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

Housing and superannuation: social security in Singapore

Reisman, David - In: International Journal of Social Economics 34 (2007) March, pp. 159-187

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

Institutional convergence of Turkish Islam and European social democracy on the political economy of social question

Akan, Taner - In: International Journal of Social Economics 38 (2011) December, pp. 70-96

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

Justice and Mr George: What Henry George knew, what the neoclassicists forgot, and why it matters

Médaille, John C. - In: International Journal of Social Economics 36 (2009) March, pp. 447-461

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

Benjamin Franklin's principles of political economy: a speculative inquiry

Dodson, Edward J. - In: International Journal of Social Economics 36 (2009) March, pp. 428-446

Purpose – The purpose of this paper is to examine the extent to which Benjamin Franklin's understanding of political economy was shaped by his association with the French school of writers known as physiocrats. Design/methodology/approach – The paper works from direct statements by Franklin...

Persistent link: https://www.econbiz.de/10004977820

Stability through financial embeddedness

Correa, Romar - In: International Journal of Social Economics 36 (2009) September, pp. 1021-1033

Purpose – The purpose of this paper is to appraise the transition from bank-based systems to universal banking. Design/methodology/approach – The Wynne Godley and Francis Cripps macroeconomic framework is used to structure the argument. Findings – It is shown that the activity of...

Persistent link: https://www.econbiz.de/10005005735

A tale of an unwanted outcome: Transfers and local endowments of trust and cooperation

Accetturo, Antonio; de Blasio, Guido; Ricci, Lorenzo - In: Journal of Economic Behavior & Organization 102 (2014) C, pp. 74-89

Transfers can do good; however, they can also result in massive failures. This paper presents a model that highlights the ambiguous nature of the impact of transfers on local endowments of social capital. It then describes an empirical investigation that illustrates that the receipt of EU...

Persistent link: https://www.econbiz.de/10010776755