Crony Capitalism and Financial System Stability

Prior to the Asian financial crisis, the cozy relationships between corporations, governments, and banks were seen as a potent force for economic growth and development. In this article we examine the institution of crony capitalism. Under conditions in which the Second Welfare Theorem does not hold, there is a role for government. Some governmental institutions do encourage more risky, high-payoff entrepreneurial activities. Our aim is to examine crony capitalism as a potential source of government activity that enhances economic productivity. In addition, we explore the conditions under which the government activity can instigate a financial crisis.     

The Value of Adoption

ABSTRACT

Recent work shows that the governmental cost of adoption is about half the cost of long-term foster care for children whose birth parents' rights have been terminated. Because adoption is also associated with greater accumulation of human and social capital, the total savings to government in areas such as special education and criminal justice is of the same magnitude as the child welfare savings. The private benefit to adopted children in terms of additional income earned over their working lives is similarly large. In all, a dollar spent on the adoption of a child from foster care yields about three dollars in benefits.     

Diffusion of the Property Tax Work-Off Program for Senior Homeowners in Massachusetts

Property tax work-off programs (TWOPs) provide senior homeowners with relief from some of their property tax obligations in exchange for services provided to local governments. These programs are offered by some county and municipal governments at their own discretion in a number of states. Through a qualitative study comparing municipalities in Massachusetts that participate in the program with similar communities that do not participate, the authors sought to learn the reasons for both participation and nonparticipation. They interviewed local officials in eight participating and six nonparticipating communities. Mohr's theory for adoption and Roger's theory for diffusion are used for the conceptual framework of the study. Local leaderships' motivation, financial or political resources and obstacles, senior homeowners' awareness, communication between communities, and perceived benefits of the program were the major factors in adoption and diffusion of TWOPs in Massachusetts.     

The Impact of Female Cabinet Ministers on a Female-Friendly Labor Environment

The literature indicates that the representation of women in legislatures is positively associated with the passage of female-friendly social policy (e.g., child care or family leave). However, there is little corresponding research concerning the effects of women in cabinet on female-friendly social policy. I argue that this gap must be addressed, because most of the advanced industrial democracies are parliamentary democracies in which policies typically originate at the cabinet level, and governments typically enjoy substantial control over the legislative process. Thus, women in cabinet positions should be ideally placed to promote female-friendly policies; indeed, they are likely to be in a better position to promote these policies than their legislative counterparts. The purpose of this study is to analyze the role of female cabinet ministers in the adoption of female-friendly policies, thus addressing this gap in the gender and politics literature. It should be noted that the influence of female officeholders on female-friendly policy may differ by policy. To assess female officeholders’ effect on female friendly policy in general, I create an index measure using 17 variables related to these policy areas. Using ordinary least squares (OLS) regression, I find that female ministers have a significant effect on the adoption of policies that help to create a more female-friendly working environment.     

The Relationship Between Life Satisfaction Among Wives and Financial Preparedness of Households in Japan

The wealth gap between the rich and poor is widening and contributing to Japan’s shrinking middle class. This study examined concerns about the future and life satisfaction and their association with household financial preparedness (e.g., savings, investments, life insurance) among married women in Japan. Double-hurdle models assessed the probability of having savings and the amount of these savings, using the sample from the 2006 Japanese Panel Survey of Consumers (n = 1,206). Supporting earlier works from several other countries, concerns about the future were positively associated with the probability of having supplemental life insurance. Moreover, life satisfaction levels were positively associated with the probabilities of having savings, investments, and supplemental life insurance and with the amount of the investments. The findings suggest economic inequalities among women could widen in the future, as those who have and are expecting to have more financial resources are more likely to be prepared for future financial needs than those who do not.     

Adoption of economic development strategies in small towns and rural areas: Effects of past community action

Incorporating elements from both human ecology and the theories of local social interaction, the purpose of this study is to ascertain empirically the independent, additive effect of past community action in explaining variations in recent adoption of economic development strategies. I consider and control the effects of other structural and ecological characteristics of small towns and rural areas that have been shown to be important sources of variation in economic development strategies. Results of the hierarchical regression analyses indicate that past community action variables make substantial independent contributions to explaining variations in financial assistance to firms, creation or expansion of recreation-related activities, and creation or expansion of human services after considering and controlling for the effects of community need, socioeconomic status and ecological characteristics. Contrary to expectations, past community action variables do not make a significant contribution to variance explanation in promotion to recruit business and industry and the use of government programs to encourage economic growth, an action arena many discussions of rural development portray as necessary foundations for community development. From a practical standpoint, the findings of this study encourage efforts to initiate local actions and develop or maintain symbols of local identity. These can play paramount roles in the future, if not immediately, as residents of rural communities seek to attain shared goals.     

美国政府救助无家可归儿童的机构、职能及运作分析

美国作为联邦制国家,其联邦、州及地方各级政府的权力分配是影响公共救助事业的关键因素。在无家可归儿童救助领域,美国各级政府建立起权责明确的职能部门,并通过项目管理的模式,形成了联邦政府主导、州与地方政府协调管理、非营利组织具体执行的分工协作式的无家可归儿童救助系统。美国政府在无家可归儿童救助事务方面的机构设置、项目运作、成效评估等几方面的经验值得我国在建设流浪儿童救助体系时学习借鉴。     

TIME SERIES AND CROSS-SECTIONAL INVESTIGATIONS OF THE DEMAND FOR HIGHER EDUCATION

This paper focuses on enrollment demand, making use of both aggregate and disaggregate data. In a time series analysis we explore the economic environment affecting freshman enrollments over time. Stratifying by type of school reveals significant differences among institutional segments. In particular, community college enrollments appear more sensitive to financial variables and the availability of alternative activities. To further investigate these differences, cross-sectional analysis is carried out using survey responses from students currently enrolled in each institutional segment. These results, obtained from linear discriminant analysis, show additional, important differences among segmental populations.     

Opening the government’s black boxes: freedom of information and algorithmic accountability

Freedom of information laws are intended to illuminate how governments operate. However, the operations of governments increasingly involve algorithms, such as those used to recommend criminal sentencing and determine eligibility for social services. Algorithms function as ‘black boxes’ that turn inputs into outputs using processes that are often, by design, not transparent. Freedom of information laws allow one potential means for algorithmic transparency. However, whether such laws can be used to access algorithms is unclear. This research examines, in two ways, the availability of government algorithms to the public. First, this study examines laws, regulations, advisory opinions, and court rulings relevant to the disclosure of algorithms. The second part of this study analyzes actual responses by US government agencies to Freedom of Information Act requests for algorithms. This study concludes that governmental policies and practices related to algorithmic disclosure are inconsistent. Such inconsistencies suggest a need for better mechanisms to hold government algorithms accountable.     

Factors Contributing to the Size of Nonprofit Sector: Tests of Government Failure,Interdependence, and Social Capital Theory

Based on the county-level longitudinal data in the USA, this study finds that racial diversity is positively associated with the nonprofit sector size. We further find that the share of children below poverty level is negatively associated with the size of nonprofit sectors. Our findings support the government failure theory. Random effects models also show that federal funding and local funding are positively associated with the size of nonprofit sectors, which confirms interdependence theory. Lastly, we do not find statistically significant relationship between social capital—measured by the number of associations—and the nonprofit sector size.     

地方政府审计职能软化问题研究

政府审计是对权力的监督和制约,现阶段,我国地方政府审计面临的发展困境主要是审计职能软化问题,针对地方政府审计存在的主要问题,剖析原因,从多角度提出解决审计职能软化的对策。     

Relations Between Economic Well-Being,Family Support,Community Attachment,and Life Satisfaction Among LGBQ Adults

While studies with the general population indicate that one’s life satisfaction is related to economic well-being and social support, much less is known about these constructs among lesbian, gay, bisexual, and queer (LGBQ) populations. The current study examines the relationship between economic well-being and life satisfaction in a sample of 458 LGBQ individuals. Further, the direct and moderating effects of family and community support are examined. As hypothesized, perceived financial stress and proximal family support each had a significant main effect on life satisfaction. Household income (adjusted by number of individuals living in the household) had a non-linear effect on life satisfaction. Community support for LGBQ individuals was not associated with life satisfaction, and the moderating hypotheses were not supported. The findings and the implications for future research are discussed.     

Is your church “liked” on Facebook? Social media use of Christian congregations in the United States

Despite the increasing interests in social media platforms among religious congregations, little is known about the patterns of these organizations' social media use. This study examines religious congregations' adoption of Facebook, using the data from the 2012 National Congregations Study. The results show that Christian congregations' involvement in nonreligious activities, both social service and political activities, predicts their Facebook adoption. Congregations' membership size and staff resources are also positively associated with their Facebook use. Other organizational characteristics, including religious tradition, clergyperson's age, and urban location, also explain congregations' Facebook use. Overall, the findings suggest that Christian congregations' adoption of social media platforms is closely related with their community outreach and social marketing activities as well as their resources. This study concludes with suggestions for narrowing the gap in social media use between resource‐rich and resource‐restricted congregations, as well as between urban and rural congregations.     

Family Processes and Adolescents’ Financial Behaviors

This article examined the contribution of family processes (parental warmth, parental financial monitoring, and parent–child interactions about money) to explain cognitive and behavioral aspects of adolescents’ financial behaviors. Data came from the 2002/2003 Child Development Supplement to the Panel Study of Income Dynamics, a national sample of adolescent age 12–18 and their families (N = 1,471). Results indicated that higher levels of parent communication about child donations were positively associated with both children’s saving for future schooling and their likelihood of donating to charities. Higher levels of parental warmth were associated with saving for future schooling. Giving an allowance was negatively related to child financial anxiety. Implications for researcher and policy makers have been discussed.     

The rising importance of local government in the United States: Recent research and challenges for sociology

Local governments have gained increasing responsibilities for public well‐being according to a variety of social science literatures. The rise of the local state is often seen as a part of a broader process of state‐rescaling or downward shift in national governance under neoliberal development. Yet attention to local government lags in political sociology, which conventionally elevates the national federal state as its object of interest. I summarize four recent bodies of literature that address the new role of local governments. Taken together, these literatures speak to different sides of the debate about whether the rise of local government is detrimental to citizens' well‐being. I explain how greater sociological attention to the local state can contribute to this debate as well as inform political sociologists' understanding of the U.S. nation‐state itself and provide directions for future research.     

How Are Money Worries Affecting Middle-Aged,Young-Old,and Old–Old People’s Perceived Couple Relationship?

While the association between financial strain and couple interaction has been well-established in the literature on economic stress, little research has investigated the association among middle-aged and older populations. The present study examined the relationships between financial strain and couple functioning of middle-aged, young-old, and old–old people using the 2010 Health and Retirement Study. Findings show that subjective financial strain was positively associated with partner undermining and negatively with partner support, controlling for the effects of objective financial situations among middle-aged, young-old, and old–old couples. There were gender and age differences in the interaction effects of financial strain and financial control on couple functioning. For middle-aged men, financial control may have different associations with couple behaviors depending on the level of financial strain. When the level of financial strain is high, the positive effect of financial control disappears and the effect changes even in a negative way. Findings provide suggestions for practitioners and researchers.     

Preparation for Adoptive Parenthood with a Special-Needs Child

ABSTRACT

Mothers of 86 adopted special-needs children were surveyed regarding the tasks they undertook to prepare for parenthood. They engaged in tasks related to learning about the child most often and stated participating in training to be adoptive to be most helpful. Overall preparedness, more so than either the number or type of adoption preparation tasks (APTS) completed prior to the adoptive placement, was found to be positively associated with assessment of child and family functioning. Implications of these findings for the delivery of adoption preparation programs are discussed.     

COMPONENTS OF SATISFACTION WITH LOCAL AREAS IN THE METROPOLIS

Using individuals' subjective evaluations, this paper investigates the specific features of local areas in the Seattle, Washington metropolitan region which are most strongly related to overall satisfaction with the community. On the whole, the data support the view that the contemporary local area serves important but limited functions for metropolitan dwellers. The strongest correlates of overall evaluation are related to the evaluation of the general physical and social environment, and also specific characteristics of the home. The social character of the local population is especially important. Various others attributes of areas which have been emphasized by theorists as important to neighborhood dwellers are much less useful as predictors. These include the nature of the individual's location in relationship to other urban activities, local community institutions, and the quality of governmental services. The variables generally work in a similar manner for various sub-groups in the population, although there are some notable exceptions.     

What are you thinking? Acculturation as an activating event for negative evaluative beliefs among Latinos/as

Negative evaluative beliefs and other cognitive structures have been tied to psychological distress across various populations but have not been sufficiently incorporated into acculturation models. The current study examines the relationships between acculturation and various activating events and mediating sources of support related to negative evaluative beliefs among people of Mexican descent (N = 319). Overall, model variables explained 26% of the variance in negative evaluative beliefs. Acculturation, marital commitment, and social capital associated with friends were negatively related to negative evaluative beliefs. Conversely, single relationship status, marital reward value, psychosocial stressors, and bridging social capital were positively related, and likely serve as activating events for negative evaluative beliefs. Identifying mechanisms related to psychological distress as well as supportive structures may help in constructing interventions that will address the specific needs of different groups. Future research should continue to explore appraisal and associated beliefs in acculturation models to understand why acculturative experiences may become stressful.