Political power beyond the State: problematics of government

This paper sets out an approach to the analysis of political power in terms of problematics of government. It argues against an overvaluation of the 'problem of the State' in political debate and social theory. A number of conceptual tools are suggested for the analysis of the many and varied alliances between political and other authorities that seek to govern economic activity, social life and individual conduct. Modern political rationalities and governmental technologies are shown to be intrinsically linked to developments in knowledge and to the powers of expertise. The characteristics of liberal problematics of government are investigated, and it is argued that they are dependent upon technologies for 'governing at a distance', seeking to create locales, entities and persons able to operate a regulated autonomy. The analysis is exemplified through an investigation of welfarism as a mode of 'social' government. The paper concludes with a brief consideration of neo-liberalism which demonstrates that the analytical language structured by the philosophical opposition of state and civil society is unable to comprehend contemporary transformations in modes of exercise of political power. ¹     

Media and the Israeli disability rights legislation: progress or mixed and contradictory images?

This article reviews and analyzes disability rights conceptualization and policy as reflected in the Israeli media after the enactment of the Equal Rights for Persons with Disabilities Law of 1998. Media coverage is examined through review of studies conducted on the subject in Israel. A comprehensive review of the research literature reveals a discrepancy between the purposes of anti‐discrimination legislation and policy and media reflections of disability, in which portrayal is primarily via a deviance lens. The discussion is based on the analysis of universal genesis of negative perceptions of disability, as well as on particularized culture bound meaning of disability within the Israeli symbolic framework.     

Perceptions of Financial Well-Being among American Women in Diverse Families

This study investigated the financial well-being of American women using data from a nationwide web survey of 368 women between the ages of 30 and 65 with household incomes of at least $40,000. Specifically, we examined perceptions of financial well-being among women with and without children who lived in different family forms including marriage, cohabitation, stepfamilies, as well as women who were single. The majority of women reported they had conservative buying behaviors, desired financial independence, had a somewhat negative view of their current financial situation, had worries about retirement and their financial futures, and considered long-term care insurance a necessity. Women in nontraditional families (single mothers, cohabitors, and stepfamilies) had significantly greater worries about their financial futures than women in first marriages. Single mothers were less likely to say that they had their financial house in order and were more likely to express concern that their money would not last through retirement. Cohabiting women were significantly more likely to express fears about becoming a burden. All three groups were more likely than women in first marriages to agree that long-term care insurance is a necessity. Women who were older, were more educated, had higher income, and who contributed more money to the household income had more positive perceptions of their financial situation.     

Bargaining on Board Structure at the Initial Public Offering

Going public often creates an agency conflict between the owner-manager and minority shareholders. One possible way to resolve this conflict is through independent board monitoring. But board monitoring does not arise automatically in IPO companies. Owner-managers tend to entrench and capture the board. Analyzing a sample of French IPO firms, we find that the fraction of independent directors declines if the owner-manager is more powerful. However, we find that large pre-IPO non-management shareholders, such as venture capitalists, are successful in bargaining on board composition. These shareholders are successful in opposing the owner-manager and prevent a further reduction in the proportion of independent directors in the board. We also find that these shareholders contract on board composition in shareholder agreements.     

SEMIPARAMETRIC COMPARISON OF REGRESSION CURVES VIA NORMAL LIKELIHOODS

Härdle & Marron (1990) treated the problem of semiparametric comparison of nonparametric regression curves by proposing a kernel-based estimator derived by minimizing a version of weighted integrated squared error. The resulting estimators of unknown transformation parameters are n-consistent, which prompts a consideration of issues. of optimality. We show that when the unknown mean function is periodic, an optimal nonparametric estimator may be motivated by an elegantly simple argument based on maximum likelihood estimation in a parametric model with normal errors. Strikingly, the asymptotic variance of an optimal estimator of θ does not depend at all on the manner of estimating error variances, provided they are estimated n-consistently. The optimal kernel-based estimator derived via these considerations is asymptotically equivalent to a periodic version of that suggested by Härdle & Marron, and so the latter technique is in fact optimal in this sense. We discuss the implications of these conclusions for the aperiodic case.     

Children with disabilities and chronic conditions and longer-term parental health

This paper uses panel data from the Statistics Canada National Longitudinal Survey of Children and Youth (1994–2000) to study the implications of parenting a child with a disability or chronic condition for subjective assessments of parental health. We find mother's health to be negatively affected, particularly if the disability is longer-term. Within families, the wife's health deteriorates relative to her husband's when they are parenting a child with a disability. These results are consistent with Akerlof and Kranton's [Akerlof, G., Kranton, R., 2000. Economics and identity. The Quarterly Journal of Economics 105(3), 715–753] arguments that ‘identity’ is an important determinant of both behaviour and well-being. For parents of children with disabilities, the behaviour associated with a traditional ‘good mother’ identity (e.g., care-giving) appears to have more adverse health consequences than the behaviour associated with a ‘good father’ identity (e.g., breadwinning).     

Distributional Effects of FDI: How the Interaction of FDI and Economic Policy Affects Poor Households in Bolivia

This article provides a CGE analysis of the medium to long‐run impact of FDI inflows on poverty and income distribution in Bolivia. The simulation results suggest that FDI inflows enhance economic growth and reduce poverty. However, the income distribution typically becomes more unequal. In particular, FDI widens disparities between urban and rural areas. The Bolivian government may promote the growth‐enhancing and poverty‐alleviating effects by overcoming labour‐market segmentation and providing complementary public investment in infrastructure. But simulated policy reforms or alternative productivity scenarios are hardly effective in reducing the economic divide.     

A probabilistic model for nonsymmetric correspondence analysis and prediction in contingency tables

Summary Nonsymmetric correspondence analysis is a model meant for the analysis of the dependence in a two-way continengy table, and is an alternative to correspondence analysis. Correspondence analysis is based on the decomposition of Pearson's Ф²-index Nonsymmetric correspondence analysis is based on the decomposition of Goodman-Kruskal's τ-index for predicatablity. In this paper, we approach nonsymmetric correspondence analysis as a statistical model based on a probability distribution. We provide algorithms for the maximum likelihood and the least-squares estimation with linear constraints upon model parameters. The nonsymmetric correspondence analysis model has many properties that can be useful for prediction analysis in contingency tables. Predictability measures are introduced to identify the categories of the response variable that can be best predicted, as well as the categories of the explanatory variable having the highest predictability power. We describe the interpretation of model parameters in two examples. In the end, we discuss the relations of nonsymmetric correspondence analysis with other reduced-rank models.