DO TERRORIST ATTACKS IMPACT EXCHANGE RATE BEHAVIOR? NEW INTERNATIONAL EVIDENCE

This study examines whether terrorist attacks affect bilateral exchange rates. Using historical 10‐minute exchange rate data for 21 countries' currency vis‐à‐vis the U.S. dollar, we show that exchange rate returns of all countries are statistically significantly affected by terrorist attacks. Some exchange rates appreciate and some depreciate following a terrorist attack, some currencies experience exchange rate reversals while others experience a persistent effect. Generally, the effect declines but persists as terrorist attacks become stale information. (JEL F31, F37)     

DETERRENCE,PREEMPTION, AND PANIC: A COMMON‐ENEMY PROBLEM OF TERRORISM

A game‐theoretic analysis of terrorism examines interactions between a terrorist organization and multiple target countries. It considers both preemption and deterrence as counter‐terrorist policies. Damage from terror includes material costs and resultant fear. Fear effects lead to different equilibria and implications for counter‐terrorism policies. The model identifies conditions under which greater preemption may be the rational response to an increase in terrorism, that is, it analyzes the merit of the dictum “offense is the best defense.” It also examines the characteristics of cooperative behavior among target countries in dealing with the threat of terrorism. (JEL C72, D74, F52, F53, H41)     

BRIDES FOR SALE: CROSS‐BORDER MARRIAGES AND FEMALE IMMIGRATION

Developed East Asian countries import a large number of women from abroad as brides every year, although such cross‐border marriages virtually did not exist 20 years ago. With a theoretical framework and empirical evidence, we argue that developed Asian countries' demand for foreign brides is the consequence of improvement in women's economic status and gender‐discriminative household arrangements that insufficiently incorporate women's improved status in marriage. We offer sets of empirical evidence in line with our argument, using various macro‐ and microlevel datasets. (JEL A12, J12, J61)     

ANTIDUMPING ECHOING

This article documents that antidumping (AD) “echoing” (i.e., different countries sequentially imposing AD measures on the same product from the same exporter) is common practice among users of AD. We develop a dynamic game where two competing importers can impose AD measures on a third exporting country in one of two periods, if at all. Assuming that governments are politically motivated (favoring their import‐competing industry), AD echoing occurs only for intermediate values of a country's political‐economy parameter. This result is confirmed by our econometric analysis, demonstrating that countries' political‐economy‐driven AD actions are interdependent and should not be analyzed in isolation. (JEL F12, F13, F14)     

Exploring Nonnormative Coresidence in Urban China: Living With Wives’ Parents

We model histories between two cohorts of urban Chinese couples (N = 1,191) of a rarely studied living arrangement—coresidence with the wife's parents—using a dynamic life history analysis in contrast to previous cross‐sectional studies of coresidence. We examine patterns of entry into and exit from coresidence with the wife's parents, comparing the predictive power of modernization theory to the effect of demographic change and the resources and needs of each generation. Given China's well‐known patrilineal family system, we find a surprisingly high number of couples ever residing nonnormatively, and significant differences between cohorts in what determines the pattern of coresidence. Resources and needs that reflect conscious choices to coreside most strongly influence nonnormative coresidence. Its importance may increase as the children of the One‐Child Family Policy grow up and marry.     

FDI AND INCOME INEQUALITY: EVIDENCE FROM A PANEL OF U.S. STATES

This study employs state‐level panel data to explore the relationship between inward foreign direct investment (FDI) and income inequality in the United States. Using panel cointegration techniques that allow for cross‐sectional heterogeneity and cross‐sectional dependence, we find that, in the long run, FDI exerts a significant and robust negative effect on income inequality in the United States. This result for the United States as a whole does not imply that FDI narrows income gaps in each individual state. There is considerable heterogeneity in the long‐run effects of FDI on income inequality across states, with some states (21 out of 48 cases) exhibiting a positive relationship between FDI in income inequality.(JEL F21, D31, C23)     

Adolescent Problem Behavior in China and the United States: A Cross‐National Study of Psychosocial Protective Factors

An explanatory model of adolescent problem behavior (problem drinking, cigarette smoking, and general delinquency) based on protective and risk factors in the individual and in 4 social contexts (family, peer group, school, and neighborhood) is employed in school‐based samples from the People's Republic of China (N=1,739) and the United States (N=1,596). Despite lower prevalence of the problem behaviors in the Chinese sample, especially for girls, a substantial account of problem behavior is provided by the same protective and risk factors in both countries and for both genders. Protection is generally higher in the Chinese sample than in the U.S. sample, but in both samples protection also moderates the impact of risk. Despite mean differences in psychosocial protective and risk factors, as well as in problem behavior, in the 2 samples—differences that may reflect societal variation—the explanatory model has, to a large extent, cross‐national generality.     

Economic Well‐Being in Salvadoran Transnational Families: How Gender Affects Remittance Practices

This article examines how migrant parents' gender affects transnational families' economic well‐being. Drawing on 130 in‐depth interviews with Salvadoran immigrants in the United States and adolescent and young adult children of migrants in El Salvador, I demonstrate that the gender of migrant parents centrally affects how well their families are faring. Gender structurally differentiates immigrant parents' experiences through labor market opportunities in the United States. Simultaneously, gendered social expectations inform immigrants' approaches to parental responsibilities and remitting behaviors. Remittances—the monies parents send—directly shape children's economic well‐being in El Salvador. I find that even though immigrant mothers are structurally more disadvantaged than immigrant fathers, mother‐away families are often thriving economically because of mothers' extreme sacrifices.     

Terror and trade of individual investors

A great number of psychological studies document the influence of emotions on individuals’ decision-making processes. This paper contributes to this literature by analyzing the possible impact of terrorism on financial trade by individual investors. Using account data for over 3000 households obtained from a large Israeli bank, we look into reactions of common stock investments to terrorist incidents in the years 1998–2002. The empirical analysis indicates that terror has a significant adverse effect on actual trade, possibly limiting the scope of risk-sharing available through traded securities. Several psychological explanations for investors’ reluctance to trade are provided. Amongst them are the increase in public fear (resulting in pessimistic risk estimates and risk averse choices); the sense of ambiguity caused by terror; repercussions of anxiety and depression disorders; a desire to avoid future regret. Our results add to the recent literature documenting the harmful effects terrorist acts have on various facets of the economy.     

TRADE COSTS AND TRADE COMPOSITION

In this paper, we investigate whether countries' trade costs act like other national endowments by affecting the composition of countries' exports. Using an econometric approach that controls for endogeneity by accounting for potentially relevant omitted variables, we find strong evidence for a sample of 37 industrialized and transition countries that national trade costs systematically affect the composition of trade and can be viewed therefore as a source of comparative advantage. Industries located in countries with low trade costs capture significantly higher shares of world exports, where this effect is stronger in trade cost intensive industries. (JEL F11, F14)     

Distant warriors,distant peace workers? Multiple diaspora roles in Sri Lanka's violent conflict

This article provides a critical, empirically based analysis of the multiple ways in which diaspora communities participate in transnational politics related to their war‐affected former home countries. The case of Sri Lanka — and the Tamil and Sinhalese diasporas in the West — is used to illustrate how contemporary armed conflicts are increasingly waged in an international arena. Active diaspora groups have enabled an extension of nationalist mobilization, hostilities and polarization across the globe. Diaspora actors take part in propaganda work and fundraising in support of the belligerent parties in Sri Lanka, while the polarization between Sinhalese and Tamils is to a large extent replicated in the diaspora. However, there are also examples of diaspora groups that challenge war and militarism, for instance by calling for non‐violent conflict resolution, condemning atrocities by both sides, and engaging in cross‐ethnic dialogue. The article also argues that diaspora engagement in reconstruction of war‐torn areas can be a double‐edged sword, as it can reproduce — or reduce — grievances and inequalities that fuel the conflict. By discussing the many ways in which diasporas engage in homeland politics, the article challenges simplified understandings of diasporas as either‘warriors’or‘peace workers’ in relation to their homeland conflicts.     

Early Adolescents' Development of Academic Self‐Concept and Intrinsic Task Value: The Role of Contextual Feedback

In this study, we investigate the extent to which achievement‐related feedback in two academic domains (mathematics and language) originating from two contexts (school and family) predicts early adolescents' domain‐specific academic self‐concept and intrinsic task values in Germany (N = 1,190, age range 10–13) and the United States (N = 1,953, age range 10–14). We examined the mediating role of both parents' competence perceptions and the early adolescents' academic self‐concepts linking grades and intrinsic value. Within‐ and cross‐domain effects were tested at each stage of the mediation. As predicted, in both countries the associations of grades with the academic self‐concepts are mediated by the parents' competence perceptions. The association of academic feedback with intrinsic task value is mediated through the students' academic self‐concepts.     

Consejos as a Family Process in Transnational and Mixed‐Status Mayan Families

This article describes a constructivist grounded theory study about cross‐border relationships within Mayan families divided between the United States and Guatemala. Nine families participated, and each included a U.S.‐based undocumented migrant parent and a Guatemala‐based adolescent and caregiver. Findings pertaining to the family process of consejos—defined as a communication practice in Latino families wherein older family members pass on conventional wisdom to younger family members—are discussed. Although consejos has been identified as an important cultural practice in Latino families, it has rarely been examined in Mayan families or explored as an important aspect of transnational family relationships. Findings suggest that for some transnational and mixed‐status Mayan families, consejos has become an important family process and a way in which migrant parents maintain a presence in their children's lives despite being physically separated. Implications for future research with transnational migrant families, and Mayan families in particular, are discussed.     

Contextualizing the Education Effect on Women's Employment: A Cross‐National Comparative Analysis

The authors examine how and why the effect of education on women's employment varies cross‐nationally. First, they present a theoretical model that (a) outlines the micro‐level mechanisms underlying education effects on women's employment in the couple context and (b) proposes contextual moderators at the country level. Second, they test the theoretical model against survey data from the United Nations' Generations and Gender Programme for 5 European countries (Austria, France, Germany, Hungary, and Norway). The data comprise 10,048 educationally homogamous heterosexual couples involving a woman age 20–45. The results indicate that more highly educated couples are more likely to have dual‐earner arrangements in each country, yet the strength of education effects varied substantially between countries and across the family life cycle. In contrast to prior work, the authors find that education effects are not generally smaller in countries that are supportive of women's employment. This relation holds only for later child‐rearing phases.     

National conceptions,transnational solidarities: Turkey,Islam and Europe

In this article, I examine the interplay between the institutionalization of Islam in Europe and the transnationalism of Turkey's Directorate for Religious Affairs (Diyanet). Based on extensive fieldwork in Turkey, Austria, Belgium, France and Germany, I demonstrate not only the salience of the nation‐state prerogative on the part of both European states and the Turkish state but also the tension between national conceptions of Muslim identity on both sides amid transnational solidarities. I also argue that, to a certain extent, European policies of detransnationalizing the Muslim field in Europe also intersect with the Diyanet's transnational politics vis‐à‐vis Turkish/Muslim immigrants in their common resistance to the deculturalization of Muslims in Europe. While European countries try to nationalize their respective Muslim communities into their cultural and juridical framework through reterritorialization, the Diyanet has increasingly deterritorialized its activities to preserve a Muslim identity engrained in Turkishness – hence, the coexistence of both a tension and mutual accommodation between Europe and Turkey.     

PUBLIC SPENDING REALLOCATIONS AND ECONOMIC GROWTH ACROSS DIFFERENT INCOME LEVELS

This article examines the effects of public spending reallocations on economic growth. Assembling a disaggregated public spending dataset of 83 countries over the 1970–2011 period, we show that spending reallocations toward education, from health and social protection, have significant growth‐promoting effects across a wide range of countries' income levels. However, income heterogeneity matters, particularly when reallocations involve infrastructure spending. Specifically, a reallocation from this spending to education also promotes growth, albeit primarily when a country's income level is low. This occurs because the effects of infrastructure spending are particularly weak in low‐income countries, possibly due to the low quality of governance. (JEL O43, H50, O11)     

CONSOLIDATING THE EVIDENCE ON INCOME MOBILITY IN THE WESTERN STATES OF GERMANY AND THE UNITED STATES FROM 1984 TO 2006

The cross‐national intragenerational literature has often analyzed income mobility within short time periods over which mobility might reasonably be thought of as invariant. Here, we argue that a great social transformation—German reunification—abruptly and permanently altered mobility. Using standard measures (with panel data for the western states of Germany and the United States) over the period 1984–2006, we find the conventional result that income mobility is greater in Germany. But when we cut the data into 5‐year windows, we find that income mobility declines significantly over the years immediately following reunification in Germany but not in the United States, using both measures. (JEL J1, J6)     

“东突”恐怖活动的国际因素及预防措施

近年来,中国发生了一系列的暴力恐怖事件,恐怖分子持续从事恐怖袭击活动。其背后,存在着若干深层次原因。其中,“双泛”思想、西方敌对势力的帮助和来自中亚的影响,是目前促使“东突”恐怖势力从事恐怖活动的主要国际因素。作者认为,加强丝绸之路经济带沿线国家之间的合作和完善国内防治“东突”恐怖势力的社会对策,在打击“东突”恐怖势力方面起很重要的作用。     

Coparenting and Nonresident Fathers' Monetary Contributions to Their Children

The percentage of children in the United States living apart from their biological father has increased, while public assistance for single mothers has diminished. This has resulted in a need to better understand and promote nonresident fathers' economic support of their children. In the present study the author used data from the Fragile Families and Child Wellbeing Study (N = 1,752) to examine how coparenting—the degree to which parents are mutually supportive and cooperative in raising their child—is related to nonresident fathers' monetary contributions. Results from pooled regression and fixed effects models indicate that coparenting is positively associated with fathers' likelihood of paying formal and informal child support and the amount of these payments. Findings from cross‐lagged structural equation models suggest that the association between coparenting and fathers' payments is reciprocal but that coparenting has a stronger effect on fathers' payments than fathers' payments do on coparenting.     

Eastern Sociological Society Presidential Address: Globalizing Gender Issues: Many Voices,Different Choices1

Why are the important gender inequality issues different in various countries around the world? This question is answered using a comparative perspective on extant research about gender inequalities in the regions of the world. Just as there is diversity among individual women, based on their intersecting axes of age, race, ethnicity, class, marital status, sexual orientation, religion, or other characteristics, I argue that there is diversity across countries in their gender inequalities based on intersecting axes of transnational, regional, cross‐cutting, and unique national issues that structure gendered or feminist concerns within any country. Global and regional dynamics are the interrelated foundations on which broad gender inequalities are built. Major transnational dynamics include neoliberal economics, migration, and violence, while regional patterns include nation building and gendered inequalities in education and property ownership. On the other hand, unique national trajectories and cross‐cutting themes, found in a few nations in each region, add much greater variation to those basic inequalities. Some of those cross‐cutting themes are problems generated by health status and health services, the relationship of religion to the state, and war or militarism.