Paying for the Dream of Public Ownership: Case Studies on Corruption and Privatization in China

The proceeding of privatization is a tradeoff between short-term equality and long-term efficiency. Under the existing structures of enterprise management and government powers, enterprise managers are likely to conspire with government officials to decide the way of ownership transformation and share the benefits from there. The transformation of ownership will enhance the efficiency of the company. Corruption indeed presses ahead the transformation of company ownership, whereas inequality is also aggravated during the process. Case studies are provided to demonstrate the relationship between corruption and privatization in China. Corruption and inequality are what the country pays for their dream of public ownership in 1950s. Equality, efficiency and maintaining current social and political structure cannot be achieved simultaneously during enterprise restructuring.

Efficient nonanthropocentric nature protection

This paper analyzes nature protection by a social planner under different ‘utilitarian’ social welfare functions. For that purpose we construct an integrated model of the economy and the ecosystem with explicit consideration of nonhuman species and with competition between human and nonhuman species for land and prey biomass. We characterize and compare the efficient allocations when social welfare is anthropocentric (only consumers have positive welfare weights), when social welfare is biocentric (only nonhuman species have positive welfare weights) and when social welfare is nonanthropocentric (all species have positive welfare weights). Not surprisingly, biocentric social welfare calls for suspending all economic activities. It is more important, however, that both anthropocentrism and nonanthropocentrism make the case for nature protection through different channels, though. Our analysis suggests that one may dispense with the concept of nonanthropocentric social welfare provided that in the anthropocentric framework the consumers' intrinsic valuation of nature is properly accounted for.

---

Predictors of Chapter 13 Completion Rates: The Role of Socioeconomic Variables and Consumer Debt Type

This study examined whether demographic or financial variables best predict completion of Chapter 13 bankruptcy plans. Multinomial logistic regression revealed that demographic variables were more important than financial variables in predicting completion. Completion of a Chapter 13 repayment plan was not associated with a debtor’s monthly income or expenses. Never married debtors, dependent children, a previous filing, and higher mortgage arrears increased the likelihood of dismissal. Longer job tenure and home ownership improved completion rates. Discharge was associated with higher unsecured debts. Results can help improve Chapter 13 completion rates. Debtors need guidance in setting up realistic repayment plans. Financial counselors could help ensure that repayment plans are feasible and to counsel debtors who miss a plan payment.

Chinese Property Law (Rights in rem) in the Civilian Tradition

The legal transitions of private ownership from being admitted limitedly to being protected equally with public ownership, and of the peasants’ right on rural lands from a contractual right to the right in rem, are almost the same process of social reform. And in the interaction of social development and legislation, the law has taken on an increasing role in social transition.

Households’ precautionary behaviors—the effects of the introduction of National Health Insurance in Taiwan

By reducing risk of large out-of-pocket medical expenses, comprehensive social health insurance may reduce households’ motivation to engage in precautionary behaviors such as saving, procurement of private insurance, and spousal labor-force participation. We use the natural experiment provided by the 1995 introduction of National Health Insurance in Taiwan to examine these effects, using pre-existing differences in access to health insurance (tied to the household head’s and spouse’s joint employment status) to identify the effects of increasing insurance coverage. We find that comprehensive health insurance has a statistically significant and large effect on household savings, but no significant effects on purchase of private accident insurance and spousal employment.

The Multiple Meanings of Work for Welfare-Reliant Women

Based on ethnographic and interview data collected at two welfare to work offices, this paper explores the various meanings that welfare-reliant women give to paid work. Although studies show that welfare-reliant women support work requirements and believe that welfare receipt should be temporary, even Progressives often fail to see the multiple meanings work has for poor women, and how similar these are to the meanings most Americans attach to work. Not only do poor women want to work for basic economic survival, but they view paid work as a means to family security, a path to fulfilling personal aspirations, and as their civic responsibility.

Household expenditure patterns and resource pooling: evidence of changes in post-apartheid South Africa

The primary aim of this paper is to examine whether resources accruing to different members of the household and from different sources have differential impacts on household expenditure patterns. The issue is of considerable policy interest for, if the identity of the income recipient does matter in the household’s expenditure decisions, then it indicates the usefulness of targeting income assistance at particular members of the household. The South African evidence is generally supportive of the hypothesis of resource pooling by the income earners in their spending decisions on food, clothing and energy. The results of this paper have been placed in the wider context of social, political and economic developments following the end of apartheid that have caused significant changes in the nature of resource inflow and in the balance of power in decision making within the South African household. The results are indicative of improvements in the standard of living of the majority of South Africans following the end of apartheid.

The distribution of financial well-being and income within the household

In this paper we consider the issue of the intra-household distribution of welfare directly using a survey measure of self-perceived economic well-being. We develop a theoretical model of satisfaction within the household for couples. In the empirical analysis we find that husbands and wives often report different levels of financial satisfaction. The most important correlate of relative satisfaction within the household is found to be relative income. This is a direct confirmation of the previously implicit findings and is predicted by our theoretical model.

Towards an Inclusive Social Policy for the UK: The Need for Democratic Deliberation in Voluntary and Community Associations

In western capitalist societies the state has become increasingly criticized for its inadequacy as a mechanism for distributing welfare inclusively. In particular, it has been criticized for its lack of flexibility in meeting the needs of increasingly plural populations, and for being too distant to enable service users to participate in the meeting of their welfare needs. Consequently, in many countries, including the United Kingdom, voluntary and community associations have been used to distribute welfare with the belief that it can remedy the defects of universal state provision. This paper suggests the voluntary and community sector can only achieve this if the organizations are democratically organized, ensuring participation from staff and users. Moreover, participation should be based around the norms of deliberative democracy. The paper argues that this form of participation will best ensure that the needs, preferences, and interests of subordinate groups are included in social policy delivery, due to the fostering of public reason.

Monetizing Longevity Gains under Welfare Interdependencies: An Exploratory Study

Whereas existing indicators of standards of living neglect the dependence of individual well-being on other people’s welfare, this paper aims at constructing an income-based indicator taking welfare interdependencies into account. For that purpose, an extension of Usher’s longevity-adjusted income measure is developed, where the selfish representative agent is replaced by a two-generation representative household, whose members are connected by altruistic links. Longevity-adjusted income figures are shown, for the U.S. (1901–1999), to be significantly sensitive to the postulated altruism, so that conventional measures, by neglecting joint survival achievements, may underestimate actual improvements in living conditions. Methodological issues raised by the inclusion of interdependencies are also discussed, such as the increased difficulty, for indicators, to reflect the complexity and diversity of preferences.

The Unbearable Fatigue of Compassion: Notes from a Substance Abuse Counselor Who Dreams of Working at Starbuck’s

Current research has determined that a larger percent of social workers and other counselors are affected by PTSD types of symptoms when working with traumatized clients than the general population. While much of this research addresses workers in specific trauma areas like sexual assault centers or child welfare agencies, little specific thought has been given towards the special stress that working with Substance Abuse Disorders (SA) and trauma may present. This paper takes a brief look at the issues of vicarious trauma and compassion fatigue with SA practice and describes future investigation pathways toward this goal.

Credit Constraints and Human Capital Investment in College Education

Using data from the Health and Retirement Study 2001 Human Capital Investment Survey, this article examines the impact of credit market constraints on investment in college education. The effect of family income on college attendance may not be as big as perceived in some previous studies. The interest rates faced by children from middle families are the lowest in the credit market. The research suggests that various government programs aiming to help children from poor families may be effective, but only at the extensive margin—by improving their access to college education. For those who get into college, underinvestment by students from poor families remains a significant problem.

Close to Home: A Simultaneous Equations Model of the Relationship Between Child Care Accessibility and Female Labor Force Participation

Rising rates of maternal employment among current and former welfare recipients have increased the use of non-parental child care. Little empirical work examines the relationship between women’s labor supply and the geographic supply of child care. We combine census data with child care provider information for the state of Maryland to explore the relationship between female labor supply and the geographic supply of child care. OLS and 3-SLS equations are estimated, and the findings are consistent across each estimator: Women’s labor supply is sensitive to the geographic supply of child care and vice versa. These results are important because states now spend significant money on quality improvement initiatives, many of which increase child care supply in low-income neighborhoods.

How Living Wage Legislation Affects U.S. Poverty Rates

I investigate how living wage legislation affects poverty. I find evidence that living wage ordinances modestly reduce poverty rates where such ordinances are enacted. However, there is no evidence that state minimum wage laws do so. The difference in the impacts of the two types of legislation conceivably stems from a difference in the party responsible for bearing the burden of the cost.

Poverty and its persistence: a comparison of natives and immigrants in Sweden

This paper analyzes poverty and its persistence in Sweden using a large panel with detailed income information obtained from tax registers. As opposed to many commonly used household panels, the features of the data utilized in this paper allow us to study native-immigrant differences in poverty. We use a hazard rate model based on multiple spells that accounts for unobserved heterogeneity and endogenous initial conditions. The empirical results suggest that there is negative duration dependence in both exit and entry hazard rates. Moreover, the transition rates are significantly affected by immigrant status, educational attainment, labor market conditions, age, and family status.

The Philanthropic Poor: In Search of Explanations for the Relative Generosity of Lower Income Households

In this study we investigate the relationship between income and charitable giving. Previous research shows inconsistent findings regarding both the effect of income on the probability of giving and the proportion of income spent on charitable giving. We test hypotheses with the Giving in The Netherlands Panel Study 2003 (N = 1,316). We do not find an effect of income on the probability of giving, but a consistent negative effect of income on both total and religious donations as a proportion of income. This effect cannot be explained by stronger religious affiliation of lower income groups, or by other differences such as age, and price of giving. We find evidence in favor of a giving standard: Norms concerning the level of donations in specific situations that people in different income groups share, leading lower income groups to donate a higher proportion of their income.

Why do families actually pool their income? Evidence from Denmark

This paper analyzes income-pooling by using a unique Danish data set that includes questions on income pooling among 1,696 couples. The analyses show that most Danish households use some kind of income pooling and that the proportion of income pooled varies considerably according to individual characteristics (age, education, occupation, past partners, upbringing) and household characteristics (household income, duration of marriage, location of residence and the existence of public goods, including children). However, when all variables are evaluated in a common model, the duration of marriage and the existence of children predominantly affect the likelihood of income pooling.

The Impact of Personal Finance Education Delivered in High School and College Courses

This study investigates the impact of personal finance education delivered in high school and college. Outcomes of interest were investment knowledge and household savings rates measured years after the financial education was delivered. A web-based survey with questions about participation in financial education, financial experiences, income and inheritances, and demographic characteristics was administered to 1,039 alumni from a large midwestern university. Participation in a college level personal finance course was associated with higher levels of investment knowledge. Experience with financial instruments appeared to explain more of the variance in both investment knowledge and savings rates. No significant relationship between taking a high school course and investment knowledge was found. Financial experiences were found to be positively associated with savings rates.

Spousal Income and Sick Leave: What do Twins Tell us About Causality?

Theoretical arguments suggest that a higher socioeconomic status can improve health and as a consequence reduce the need for sick leave. The purpose of this study is to empirically investigate causal effects between spousal income and absence from the workplace due to sickness. To control for unobserved heterogeneity a Swedish sample of female twins and a semiparametric censored fixed-effects model was used. Results for dizygotic (fraternal) twins indicated that male spousal income, i.e., a non-shared environmental influence, reduced the share of income that was government-paid sickness benefits. Data on monozygotic twins, who have identical genes, provide a more complete control for unobserved heterogeneity. No causal effect was found in this case.