Cross-national gender differences in behavior in a threshold public goods game: Japan versus Canada

To investigate the effects of gender and national culture on economic behavior, we compare all-male and all-female groups from Japan and Canada in the context of a threshold public goods game with a strong free-riding equilibrium and many socially efficient threshold equilibria. Females and Canadians exhibit higher levels of conformity when compared with males and Japanese, respectively. However, such symmetric group behavior translates into significantly tighter equilibrium convergence only for Canadian females. Canadians, particularly Canadian females, are more successful at providing the public good than Japanese. The results suggest that the prevalence of different notions of self-construal may affect behavior.     

Economic Uncertainty and Fertility

Sociologists and demographers have long been interested in the role of economic uncertainty in family behavior. Despite the prevailing “bourgeois conviction” that economic uncertainty discourages people from having children, the empirical evidence on this issue is mixed. In this paper, I summarize the recent empirical evidence, and discuss the potential limitations of previous investigations. Among the possible shortcomings of these studies is that many relied exclusively on unemployment as an operational definition of labor market uncertainty. Subjective indicators of economic uncertainty, which measure the individual’s perception of his or her economic situation more directly, often were not available to researchers. Moreover, few of these studies explored group-specific differences in behavior. In this paper, we seek to overcome some of the limitations of these earlier analyses. Based on data from the German Socio-Economic Panel (GSOEP), we study the role of perceived economic uncertainty in transitions to first and higher order births for the period 1990–2013. In addition, we examine how different population subgroups (stratified by education, parity, and age) respond to economic uncertainty.     

Economic internationalization: the new migration in Japan and the United States

"The general proposition argued in this paper is that international migrations are embedded in larger social, economic and political processes.... The first section of the paper addresses the impact of economic internationalization on the formation of new immigration flows into the U.S. during the last 25 years. The second section examines both the magnitude and forms of Japan's recent economic presence in South and Southeast Asia. The third and fourth sections briefly review questions of policy in the U.S. and Japan during the last few years.... The fifth section conveys evidence of illegal immigration to Japan. The sixth section discusses conditions in receiving countries that make possible the adaptation of immigrants with a view to understanding how illegal immigrants in Japan could become part of the Japanese economy involving Japanese employers deeply steeped in an anti-immigration culture." (SUMMARY IN FRE AND SPA)     

Do Infants Show Distinct Negative Facial Expressions for Fear and Anger? Emotional Expression in 11‐Month‐Old European American,Chinese, and Japanese Infants

Do infants show distinct negative facial expressions for different negative emotions? To address this question, European American, Chinese, and Japanese 11‐month‐olds were videotaped during procedures designed to elicit mild anger or frustration and fear. Facial behavior was coded using Baby FACS, an anatomically based scoring system. Infants' nonfacial behavior differed across procedures, suggesting that the target emotions were successfully elicited. However evidence for distinct emotion‐specific facial configurations corresponding to fear versus anger was not obtained. Although facial responses were largely similar across cultures, some differences also were observed. Results are discussed in terms of functionalist and dynamical systems approaches to emotion and emotional expression.     

Economic achievement of immigrants in Japan: Examining the role of country-of-origin and host-country-specific human capital in an inflexible labor market

The economic integration of immigrants is a salient social issue in Japan. Although the US immigration literature has stressed the importance of host-country-specific human capital over country-of-origin human capital for immigrants, previous studies in Japan have shown mixed results about the effects of these two types of human capital on the economic integration of immigrants. The mixed results might be because previous studies focused on only specific immigrant groups (with regard to nationalities, cities, and visa status), human capital variables, and dimensions of economic achievements in the Japanese labor market. The segmented nature of the Japanese labor market structure and immigration policies create different pathways to “economic achievements” of immigrants depending on the dimension of “economic achievements” studied. By conducting a nationally representative social survey of Japanese immigrants, we examined the association between the two types of human capital (i.e., country-of-origin and host-country-specific) and the three indicators of labor market success: employment status and firm size, occupational status, and income. Our results indicate that host-country-specific human capital in the form of higher education and language proficiency is important for all three indicators of economic achievement in Japan, while country-of-origin human capital in the form of higher education and vocational skills is transferable to some extent. Our results suggest that the significance of human capital in immigrants' economic success is determined not only by the structure of the labor market but also by immigration policies.     

Economic man and selfish genes: the implications of group selection for economic valuation and policy

A basic tenet of socio-economics is that economic behavior is shaped by social bonds and cultural context. A relevant controversy in evolutionary biology is group selection and the related issue of altruistic behavior, that is, behavior neutral or detrimental to the individual but positive for the survival of the group. In this paper we examine the parallel controversies surrounding “economic man” and “selfish genes” with particular emphasis on the policy implications of group selection. We argue for the replacement of standard welfare economics with models of human behavior in the spirit of “consilience” between economic theory and the best available science from other relevant disciplines.     

Behavioral economics and the economics of Keynes

The aim of this paper is two-fold: it first evaluates some of the psychological insights offered by Keynes in his economic theories, and secondly it weighs up these insights in the light of recent research in behavioral and experimental economics. We found that many of the psychological ideas set forth by Keynes in his economic works, especially in The General Theory, have a defensible behavioral foundation and fit broadly the actual behavior of economic agents in the real world as suggested by recent empirical evidence. As a consequence, we argue that Keynesian economics can benefit from this interaction, especially for issues related to judgment under uncertainty and building solid microfoundations for macroeconomics.     

The persistence of national differences in a globalizing world: the Japanese struggle for competitiveness in advanced information technologies

This paper represents a critique of that aspect of globalization theory that predicts the convergence of national economic institutions and practices toward some single optimal model. This is done through the examination of the innovative practices of Japanese firms and government within the context of US–Japanese competition in high-technology industries. A profile of Japanese innovative competencies is developed through an overview of competition in consumer electronics and personal computing and the emerging wireless Internet industry. The paper argues that different national systems of innovation result in levels of competitiveness that vary according to the technological profile in a given industry, thus undermining one of the basic premises of convergence theory.     

Why social status matters for understanding the interrelationships between testosterone,economic risk‐taking,and gender

We conduct an extensive review of the literature on testosterone and economic risk‐taking behavior. In sum, there is evidence of a positive association between testosterone and economic risk taking, although it is unlikely to be a strong association given the abundance of null results. However, we argue that the existing literature may overstate the causal effects of testosterone on economic risk taking (or even report a spurious correlation) because this research has not considered the potentially confounding role of social status. Status could concurrently influence both testosterone and economic risk taking, given that testosterone is a social hormone with a reciprocal relationship with social status, and social status has been found to drive risk‐taking behavior. We also argue against using findings from this literature to make gender essentialist claims, primarily because social phenomena influence the size—and existence—of gender differences in economic risk‐taking behavior. We conclude with suggestions for future research.     

NONLINEARITIES AND THE SUSTAINABILITY OF THE GOVERNMENT'S INTERTEMPORAL BUDGET CONSTRAINT

We analyze the sustainability of the government's intertemporal budget constraint and the corresponding fiscal reaction function within a nonlinear error‐correction framework. Our empirical analysis, based on Italy, provides some evidence that the Italian government is meeting its intertemporal budget constraint. Nevertheless, we show that the burden of correcting budgetary disequilibria is entirely carried out by changes in the average tax rate, with a weakly exogenous government spending, possibly determined by the political process. We also document some rigidities of the tax instrument, in terms of downward inflexibility of the average tax rate with respect to its long‐run level. Finally, we provide some evidence in favor of a nonlinear adjustment toward a sustainable long‐run equilibrium, as the average tax rate adjusts faster the further away it gets from the equilibrium. By considering the behavior of taxes across the economic cycle, we also provide some evidence of inflexibility of the tax instrument during bad times. (JEL C32, C51, C52, H20, H50)     

Social Trust and E-Commerce: Experimental Evidence for the Effects of Social Trust on Individuals' Economic Behavior

In this study, an experimental design embedded in a nationalsurvey is used to examine the impact of social trust on participationin e-commerce. To what extent does generalized trust in peopleinfluence economic behavior, particularly in newly establishedrealms such as the Internet? Although some previous work hasposited a role for social trust in encouraging both e-commerceand economic development more generally, evidence has been basedon cross-sectional associations and, primarily, at the aggregatelevel of entire countries. While these relationships have beensuggestive, studies have yet to confirm a causal role for socialtrust in influencing e-commerce. Would increasing levels ofsocial trust actually encourage greater e-commerce participation?This study combines the representativeness of a national surveywith the internal validity of an experimental design to answerthis question.     

青年低碳生活行为的影响因素分析

消费是现代经济增长的核心动力,生活是消费的基本组成部分。低碳生活方式是转变经济发展方式的内在要求,青年群体是践行低碳生活的重要主体。青年低碳行为的影响因素包括:健全的低碳知识体系在低碳生活行为中起着基础性的作用;低碳价值观会通过低碳情感和低碳效能感来影响低碳生活行为;低碳情感、低碳价值观会对低碳生活行为产生重要影响。因此,普及低碳知识、引导青年树立正确的低碳生活价值观至关重要。     

Multidimensional tests for economic behavior differences across cultures

We investigate whether cultural differences exist across a broader set of economic behaviors than previously tested. A variety of cultural dimensions of economic relevance were identified based on anthropological and sociological literatures. Experiments were constructed to measure these dimensions in an economic context. Data were collected in China, France, Niger, and two locations in the United States. Data analysis reveals significant differences across countries in all types of economic behavior considered, suggesting strong cultural influences on multiple types of economic behavior and preferences. When making pair-wise group comparisons we see certain patterns of similarity arising across locations for specific types of behavior. Only the two United States locations share nearly identical behavior across experiments. Other locations may share similar strategic behavior to each other, but dissimilar individual economic preferences or vice versa.     

Economic Opportunities and the Division of Labor among Japanese Immigrant Couples in Southern California*

Based on 36 in‐depth interviews conducted with 18 Japanese couples who live in Southern California, this study examines the impact of differential economic opportunities on the division of labor among Japanese immigrant couples. Three main factors facilitate Japanese professional and businessmen’s mobility to and settlement in Southern California: (1) the gender‐based stratification of the workplace in Japan; (2) U.S. immigration policies that favor foreign nationals with strong corporate ties and business experience; and (3) the strong presence of Japanese corporations in Southern California. Whereas these conditions enable men to maintain their earning power, they do not benefit women in employment opportunities. The difference in economic opportunities encourages Japanese couples to preserve a breadwinner and homemaker division of labor, and women continue to do a bulk of housework and childcare even when women reenter the labor force later in their lives.     

Economic Incentive,Embeddedness, and Social Support: A Study of Korean‐Owned Nail Salon Workers’ Rotating Credit Associations1

Much of the past research on rotating credit associations (RCAs) in the U.S. Korean community has been conducted in the context of Korean entrepreneurs’ success in small businesses. By contrast, little has been known about the significance of RCAs in the lives of Korean immigrant workers. Based on a sample of Korean female workers at Korean‐owned nail salons in the New York–New Jersey area, the first aim of this study is to address whether Korean immigrant workers, like Korean immigrant merchants, take into account RCAs as a way to save money or raise capital. Second, this study also speculates about the importance of embeddedness (Granovetter) and social capital (Portes and Sensenbrenner) views for both economic behavior and a likelihood of malfeasance by RCA participants. Lastly, this study regards RCA membership as a mechanism of social support for its participating members. Overall, the analyses provide evidence that RCA membership at nail salons leads to both economic benefit and social support for some of its participants, and that embedded networks and an accompanying sense of trust have some connection to the suppression of its members’ latent malfeasance.     

The Disability Screening Process and the Labor Market Behavior of Accepted and Rejected Applicants: Evidence from the Health and Retirement Study

This paper uses Social Security earnings records linked to data from the Health and Retirement Study to examine the labor market behavior of rejected and accepted disability applicants prior to their application. We find that rejected applicants have substantially lower earnings and labor force participation rates during the decade prior to application than beneficiaries. Also, we find some evidence of a divergence between these groups, with rejected applicants leaving the labor force at a faster rate than beneficiaries as their application date approaches. One interpretation of these results is that the disability screening process on average separates those who are at least partially motivated by adverse economic circumstances when applying for disability benefits from other applicants.     

The unconscious in economic decision-making: Convergent voices

Mainstream economics assumes that decision-making is a conscious cost-benefit process, ignoring the pervasive role of unconscious thought processes. Recent research in neuroimaging, genomics, and psychoanalysis exposes the role of unconscious and “nonconscious” processes, providing tools for analyzing economic decision-making. Neuroimaging reveals examples of brain function that modulate decision-making, but are not under conscious control. Psychoanalytic research provides evidence of the role of emotions and the unconscious in human behavior and decision-making. We advance the case for integrating psychoanalysis and neuroscience for a new perspective on the role of the mind in decision-making and economic behavior.     

Procrastination, prompts, and preferences: Evidence from daily records of self-directed learning activities

This paper presents evidence showing that a libertarian paternalistic intervention having significant but uneven effects on the student procrastination of a coursework assignment. We observe the degree of procrastination in a language course at a Japanese university with individuals’ electronic records of daily activities. With a quasi-experiment that generates variations in the frequency of interventions and the preference of students towards the course, we examine the effects of in-class verbal prompts by an instructor on the timing of task completion. We find that prompts affect behavior, especially when reinforced, but the responsiveness depends on the class preferences and the timing of interventions.     

Japan's growing economic activities and the attainment patterns of foreign-born Japanese workers in the United States, 1979 to 1989

"This study examines the impact of the economic activities of Japan in the United States on the socioeconomic attainments of foreign-born Japanese male workers in 1979 and 1989. It demonstrates that working in wholesale trade, finance and manufacturing industries, three major sectors of Japanese investment in America, provided foreign-born male Japanese workers with the highest likelihood of assuming managerial positions. Moreover, the managerial occupation in turn provided the Japanese workers with the highest earnings returns. This pattern is consistent over time and by length of residence. The results suggest the importance of Japan's economic globalization since the 1970s in explaining the socioeconomic attainment patterns of foreign-born Japanese workers in the United States."