THE SOCIAL BASES OF FEMINISM IN THE EUROPEAN COMMUNITY

Although several studies explore the political environmentsand institutional features of Western European women's movements,few have examined the mass attitudinal bases for feminist politicsin Europe. This article extends the study of feminist politicsby testing models of feminist attitudes developed in the UnitedStates with data collected in the European Community in 1983.We explore the connections between the support of feminist goalsand measures of marital status, female employment, socioeconomiclevel, age, religiosity, place of residence, and political partyidentification, focusing on differences in the predictors ofmale and female attitudes. Consistent with studies of the UnitedStates, we find that women's labor force participation fostersfeminist attitudes among themselves and their husbands. Age,education, religiosity, and partisanship are also found to bepredictors of feminist support. In contrast to studies of Americanwomen and men, we find that marital status has no effect inEurope. Our conclusions have implications for the future offeminist politics in Europe.     

CHANGES IN THE COMOVEMENT OF EUROPEAN EQUITY MARKETS

This paper investigates the impact that the removal of exchange controls within major European economies has had on the interdependence of European equity markets. For five years prior to the removal of exchange controls and five years following their removal, we use impulse responses and variance decompositions from vector autoregressions to illustrate that European equity markets have become substantially more integrated after the removal of exchange controls. We undertake further tests that demonstrate that, even if we allow for parallel macroeconomic harmonization, the removal of exchange controls has been a major cause of increased equity market integration within Europe. ( JEL F33, F36, G15)     

DRUG POLICY IN THE TIME OF AIDS:

In 1985, the National Institute on Drug Abuse (NIDA) funded an ethnographic research project in San Francisco to study the needle sharing behavior of injection drug users (IDUs). The goal of the research was to develop a strategy to slow the spread of HIV among this hidden and hard to reach population of drug users and their sexual partners. This small-scale project grew into a model intervention in which bleach, condoms, and street-based education by outreach workers were employed to inform IDUs of the risk of AIDS and of methods for protecting themselves. The "reach and teach bleach" model was adopted by NIDA and implemented in a number of American cities. This study describes the development of the model intervention, the adoption of the model by NIDA as part of its National AIDS Demonstration Research (NADR) project, and the political circumstances under which the city of San Francisco applied for the NADR grant. Drawing on Social Worlds/Arena theory, and based on extensive interviews and participant observation, a sociohistorical analysis examines the initial development, implementation, and disintegration of the model outreach project and the impact of the program on drug policy in the city of San Francisco.     

A LONG-RUN VIEW OF GERMAN DOMINANCE AND THE DEGREE OF POLICY CONVERGENCE IN THE EMS

A preliminary for European monetary union is convergence of the European Monetary System's members' policies. Using a cointegration framework with short-term interest rates and monetary bases as monetary policy measures, we find policy convergence has not occurred. Nor, contrary to popular belief, does the Bundesbank dominate other members' policies. Although the Bundesbank is influential, substantial policy interaction occurs among almost all the EMS countries examined. Finally, the "credibility" argument, that pegged exchange rate systems constrain and discipline monetary policymakers behavior, is undermined by our findings.     

SUSTAINABILITY OF THE FRIEDMAN RULE IN AN INTERNATIONAL MONETARY POLICY GAME

This article develops a two-country monetary economy model in order to analyze the international monetary policy game between governments and the domestic monetary policy game between each government and its private sector. We prove that if governments can commit to their own private sectors, the cooperative equilibrium of the game between governments is for them to follow the Friedman rule. When governments lack such ability to commit, we find that the Friedman rule is more likely to be sustained in our open-economy model than in the closed-economy model of Ireland. ( JEL E31, E52, E61)     

ON THE INTERACTION OF MOBILITY DIMENSIONS IN THEORY ON MIGRATION DECISIONS*

Les décisions qui sont prises au sujet de la mobilité géographique sont souvent liées aux exigences de la mobilité sur d'autres plans en raison de la tendance de ceux qui décident àélaborer un système de stratégies visant á atteindre certains buts. Des forces d'ordre macroscopique influencent fortement le systéme de stratégies. L'analyse traditionnelle de la migration individuelle, qui consistait á faire valoir l'efficacité explicative des attributs tels qu'ils se manifestent à un moment donné peut ne pas être appropriée. Il faudrait mettre l'accent davantage sur les changements, récents ou à venir, dans les dimensions interreliées du statut social. Geographic mobility decisions are often tied up with mobility among other dimensions because of the tendency of decision-makers to develop a system of strategies for goal attainment. Macro-level forces are important determinants of the system of strategies. The traditional emphasis of individual-level migration analysis upon the explanatory efficacy of attributes possessed at a point in time may be misplaced. Greater emphasis ought to be given to recent or prospective changes in related status dimensions.     

RESOURCE ALLOCATION IN PUBLIC POLICY: THE EFFECTS OF THE 65-MPH SPEED LIMIT

In 1987 the U.S. government allowed states to raise speed limits to 65-mph on some highways. We evaluate the consequences using a resource allocation perspective: the chance to drive faster reallocates traffic from side roads to the safer interstate highways, and a higher speed limit permits highway patrols to shift manpower from speed enforcement to other safety activities. This perspective implies that we should measure the effect of a speed limit by its systemwide rather than its local effects. We do so and find that the fatality rate dropped by 3.49%-5.1% following the speed limit increase. (JEL A10, R40)     

THE FISCAL FRAMEWORK OF MONETARY POLICY

This paper i11ustrates the importance of the fiscal framework for monetary analysis by discussing three separate issues. I begin by examining how the fiscal framework changes the macroeconomic equilibrium associated with different steady state rates of money growth. This includes a summary of research that I have presented elsewhere and comments on several additional aspects of the way in which the fiscal structure destroys the neutrality of monetary policy.
The second section deals with the short-run impact of changes in monetary policy. Here again the fiscal structure complicates the economy's response to monetary policy.
The final section looks at the effect of the fiscal structure on the central banks choice of monetary policies. Fiscal structures are likely to influence the policies adopted because they affect the costs and benefits of monetary policies.     

A SPATIAL PERSPECTIVE ON EUROPEAN INTEGRATION: HETEROGENEOUS WELFARE AND MIGRATION EFFECTS FROM THE SINGLE MARKET AND THE BREXIT

We use a quantitative model to study the implications of European integration for welfare and net migration flows across 1,280 European regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 5%–8% on average, depending on the presumed trade elasticity. However, remote regions may face initial welfare losses of up to 10%. These heterogeneous welfare effects cause estimated net migration of 1.9% of the population to the European geographic center implying that the dismantling of trade barriers in Europe has led to a more homogeneous spatial distribution of economic activity. With regard to the Brexit, we find moderate welfare losses for the United Kingdom of 1.05% in the most pessimistic scenario while continental Europe's welfare declines by 0.41%. (JEL F15, R12, R13, R23)     

THE IMPACT OF FISCAL POLICY ON PROFITS

This paper investigates the impact of fiscal policy on profits using panel data for 18 high‐income OECD countries during the period 1975–1999. We estimate a profit equation allowing a consistent treatment of the government budget constraint, and we try to disentangle the effects of different spending and taxation items. As far as public spending is concerned, our results strongly suggest that capital expenditures are associated with higher profits, while expenditures on goods and services and in particular on wages and salaries deteriorate profits. In general, “productive” expenditures seem to increase profits while the effect of “unproductive” expenditures is insignificant. Transport and communication expenditures seem to have a positive impact on profits. On the revenue side, we find that both direct and indirect taxation has a negative impact on profits. (JEL E62, H32, H54)     

POLICY AS THE TRANSFORMATION OF INTENTIONS:

The sociological investigation of public policy continues to be plagued by scholarly adherence to a conventional framework that reifies the policy process as a set of segmented and sequential stages. To overcome this problem, policy is presented as the processual, ongoing practical accomplishment of the transformation of intentions. Within this framework, the realization of intentions is shown as both constrained and enabled by (1) organizational context and conventions, (2) linkages between multiple sites and phases of the policy process, (3) the mobilization of resources, and (4) a dynamic and multifaceted conceprualization of power.     

OWING THE SEED: THE DISCURSIVE ECONOMY OF SEX MIGRATION AMONG TURKISH-SPEAKING MINORITY URBANITES IN THE POSTSOCIALIST BALKAN PERIPHERY

This article explores postsocialist change in a non-postsocialist context. It is concerned with discourses on sex and cultural change as articulated by members of the Turkish minority group living in the northern Greek town of Komotini, in an area of northern Greece where, after the collapse of the Soviet Union, immigration from eastern Europe has risen noticeably. The impact of this migration is explored with reference to çapk?nl?k and k?l?b?kl?k, two concepts guiding notions of masculine failure. By analyzing the relations of these to other concepts used to articulate social change (e.g., ‘tradition’ and ‘modernity’), the article exemplifies how the effects of political change on the global level can be subsumed under localized power structures. The article argues that the inconsistencies between informants' physical encounters with eastern European immigrants and their discourses on ‘Russian women’ show that it is their marginal location within local Greek society that is central to their identity conceptualizations. This, in turn, leads to the argument that such discourses can shed considerable light on our understanding of internal and external relations with reference to particular politicized groups, primarily because they offer an understanding of power relations, that foregrounds not one domain of difference over another, but the interplay of gender, ethnic, and economic differentiations.     

THE TERMS OF TRADE AND THE INTERNATIONAL COORDINATION OF FISCAL POLICY

This paper develops an example of a noncooperative game between fiscal authorities in two countries. The key strategic link between countries is the terms of trade. An equilibrium without cooperation is characterized by excessive tax rates and public spending levels in each country. The outcome is analogous to the Nash equilibrium of the static optimal tarif game in trade theory. But in this model there is also a dynamic distortion caused by noncooperative behaviour. This dynamic distortion depresses capital accumulation and reduces the equilibrium capital stock in each country. Numerical examples suggest a significant welfare benefit of cooperation.     

A MARKET-BASED TEST OF THE EFFECT OF MONETARY POLICY

This paper tests the rational expectations-natural rate hypothesis without basing expectations on time series estimates. Instead, market-based data are used. Unexpected money supply changes are determined via the Fisher Effect and the Quantity Equation. This introduces errors of a very different kind than the traditional approach, and yet the results are remarkably similar to those generated using time series estimates. Unanticipated money shocks are shown to exert a significant but only short-run effect on real output, suggesting only a short-run Phillips curve trade-off. Anticipated money growth appears to have no effect on real output.