Perspectives on early adolescence

Processes of separation-individuation and mourning are examined in detail for their applicability to the early adolescent phase of development. Similarities and differences are noted, with emphasis placed on the differences in an attempt to achieve greater theoretical precision. Through a series of songs written by a relatively well functioning adolescent girl between the ages of eleven and fifteen, a view of early adolescent development related to affect states is offered for consideration.     

Youth voices thrive in Facilitating Leadership in Youth

In inner-city Washington, D.C., lives a generation of young people for whom violence, discrimination, and poverty are a daily reality. Out-of-school-time programming by Facilitating Leadership in Youth provides youth with comprehensive support and services, trusting relationships, and gradually increasing leadership opportunities to elicit positive community change.     

The Effect of Environmental Disclosure Requirements on Willingness to Pay for Residential Properties in Borderlands Community*

Objective. This study examines the effect of environmental information disclosure requirements on future real estate transactions. The setting involves pollution from a concrete products and quarrying site near a largely Hispanic, residential community. Methods. The survey‐based contingent valuation (CV) method is used to test the hypothesis that a split‐sample treatment for an information disclosure requirement with a potentially negative affective quality will reduce the willingness to pay (WTP) of potential buyers for a typical property. Results. Results indicate that the information disclosure treatment reduces WTP, and that this effect is significantly exacerbated when the surveys are conducted in Spanish. Conclusions. In addition to identifying significant reductions in the WTP of potential home buyers, our findings demonstrate the importance of cultural and regional considerations for how information disclosure requirements are conducted in real estate transactions. Future CV studies should also consider Spanish‐language options in applications involving significant Hispanic populations.     

Extending social security protection to the entire population: Problems and issues

Rural, agricultural and informal-sector workers have often beendenied the social security protection to which other economic sectors of populations have had access, and this is particularly true in the case of developing countries. There are also other important groups which have few or no rights to social security protection, such as family, domestic and casual workers. The lack of coverage is disturbing, as witnessed by the frequency with which this topic appears on social security meeting agendas worldwide, and particularly so since these sectors, as a whole form a very large proportion of the populations of many countries. Certainly there are difficulties of a practical nature which inhibit extension of coverage to these groups. So what can social security systems do? What kind of coverage is best suited to the needs of these groups? This article, based on papers presented at an ISSA Regional Meeting for Asia and the Pacific held in Manila in 1992, analyses the issues and makes some suggestions for a strategy relating to extension of coverage.     

Telling the Collective Story? Moroccan-Dutch Young Adults’ Negotiation of a Collective Identity through Storytelling

Researchers taking a social constructionist perspective on identity agree that identities are constructed and negotiated in interaction. However, empirical studies in this field are often based on interviewer–interviewee interaction or focus on interactions with members of a socially dominant out-group. How identities are negotiated in interaction with in-group members remains understudied. In this article we use a narrative approach to study identity negotiation among Moroccan-Dutch young adults, who constitute both an ethnic and a religious (Muslim) minority in the Netherlands. Our analysis focuses on the topics that appear in focus group participants’ stories and on participants’ responses to each other’s stories. We find that Moroccan-Dutch young adults collectively narrate their experiences in Dutch society in terms of discrimination and injustice. Firmly grounded in media discourse and popular wisdom, a collective narrative of a disadvantaged minority identity emerges. However, we also find that this identity is not uncontested. We use the concept of second stories to explain how participants negotiate their collective identity by alternating stories in which the collective experience of deprivation is reaffirmed with stories in which challenging or new evaluations of the collective experience are offered. In particular, participants narrate their personal experiences to challenge recurring evaluations of discrimination and injustice. A new collective narrative emerges from this work of joint storytelling.     

Contract Pricing in Consumer Credit Markets

We analyze subprime consumer lending and the role played by down payment requirements in screening high‐risk borrowers and limiting defaults. To do this, we develop an empirical model of the demand for financed purchases that incorporates both adverse selection and repayment incentives. We estimate the model using detailed transaction‐level data on subprime auto loans. We show how different elements of loan contracts affect the quality of the borrower pool and subsequent loan performance. We also evaluate the returns to credit scoring that allows sellers to customize financing terms to individual applicants. Our approach shows how standard econometric tools for analyzing demand and supply under imperfect competition extend to settings in which firms care about the identity of their customers and their postpurchase behavior.