DID REGIONAL ECONOMIC DIVERSITY INFLUENCE THE EFFECTS OF THE GREAT RECESSION?

Using data for U.S. counties from 2005 to 2012, we test whether higher levels of economic diversity mediated the effects of the Great Recession via four measures of stability. Spatial spillover effects are modeled by the use of the spatial Durbin estimator with heteroscedastic errors. The data generally support the central hypothesis that higher levels of diversity within a county are associated with enhanced employment stability across all counties as well as subsets of metro and nonmetro counties. Results for wage stability, however, appear to contradict our other findings. We suggest that underlying labor elasticities can bridge these apparent contradictory results. (JEL R11, R12, O47)     

A SIMULATION ANALYSIS OF THE JAPANESE JUST-IN-TIME TECHNIQUE (WITH KANBANS) FOR A MULTILINE,MULTISTAGE PRODUCTION SYSTEM

The Japanese “just-in-time with kanban” technique reduces in-process inventory to absolute minimal levels, in concert with the Japanese belief that inventory is an unnecessary evil. Due to the success of Japanese firms that employ this type of system, American firms would like to import this technique and emulate Japanese successes. But this Japanese success may be attributable not only to the just-in-time with kanban technique but also to the production environment in which the technique is employed. This paper simulates the just-in-time with kanban technique for a multiline, multistage production system in order to determine its adaptability to an American production environment that might include such characteristics as variable processing times, variable master production scheduling, and imbalances between production stages. The results have practical implications for those firms considering adoption of the Japanese technique.     

Leadership,information, and risk attitude: A game theoretic approach

This paper experimentally investigates how risk attitudes mitigate leadership effectiveness in a collective setting with projects that exhibit both free riding and coordination problems. We take two novel approaches: 1) the introduction of economic game theory to psychological studies of leadership, and 2) the application of the leadership ontology of Drath et al. (2008) as a cross-disciplinary integrative framework. Leadership here is focused on the presence or absence of direction, alignment, and commitment as well as antecedent beliefs and practices that are held within a collective (for us, our experimental participants). Our leadership context is stripped down to very minimal conditions: three group members, an investment decision, and the introduction of information regarding group members' attitudes toward risk. We find that the mere mention of risk attitude (whether risky or risk averse) undermines leadership effectiveness in mitigating free riding for our 420 experimental participants. Our study's primary implications lie in the application of game theory methodology to the psychological study of leadership, the introduction of relevant individual difference constructs to economic studies of leadership, and the advocation of the Drath et al. (2008) framework as a helpful integrative mechanism for interdisciplinary leadership research.     

Immigrants and Employer-provided Training

Much has been written about the labour market outcomes for immigrants in their host countries, particularly with regard to earnings, employment and occupational attainment. However, much less attention has been paid to the question of whether immigrants are as likely to receive employer-provided training relative to comparable natives. As such training should be crucial in determining the labour market success of immigrants in the long run it is a critically important question. Using data from a large-scale survey of employees in Ireland, we find that immigrants are less likely to receive training from employers, with immigrants from the New Member States of the EU experiencing a particular disadvantage. The immigrant training disadvantage arises in part from a failure on the part of immigrants to get employed by training-oriented firms. However, they also experience a training disadvantage relative to natives within firms where less training is provided.     

China's Below‐Replacement Fertility: Recent Trends and Future Prospects

Between 1970 and 1990, China experiencoed a rapid and sharp fertility decline—from total fertility rates of approximately six births to two. The degree to which Chinese fertility has continued to fall after 1990 is controversial. We use survey data from the 1997 National Population and Reproductive Health Survey and from the 2001 Reproductive Health and Family Planning Survey to document recent trends in Chinese fertility. Our estimates provide further evidence that China's fertility is well below‐replacement level at the turn of the twenty‐first century—with TFR levels of approximately 1.5 children per woman. Trends in parity‐specific cohort fertility by age also suggest below replacement completed fertility for cohorts still in the childbearing years. In the article's second section, we identify key components of low period fertility in order to frame our discussion of two questions: 1) in what ways is Chinese low fertility different from/similar to that in other low‐fertility countries? And 2) what are the likely future trends in Chinese fertility?     

Intergroup bigotry and late nineteenth and early twentieth century immigrant competition,exploitation and succession in the United States

Using a variety of primary and secondary sources, this study attempts to emphasize the rivalry and tensions between the various ethnic groups in one of the major phases of immigration into the United States. Not only were these immigrants exploited by employers but the divisions between groups, often exaggerated and manipulated by those employers, also helped to build significant barriers to a strong unionism within the workforce. The overall conclusion of the article is an essentially negative evaluation of the economic and social forces immigrants experienced in these years.     

Social orders

This review discusses the stability of social orders in light of the recent work Violence and Social Orders by Douglass North, John Wallis and Barry Weingast (hereafter NWW). The purpose of this book was to understand the two great transitions that have occurred in human society. The first, the agricultural revolution, resulted in a transition from hunter–gather society to what NWW call limited access society. This first transition occurred at various times and places, but generally about 10,000 years before the present. The second revolution, the social/industrial/technological revolution, from limited access to what NWW call open access, occurred initially in a few societies, particularly Britain and the United States, within a fairly brief period between 1600 and 1860. Currently, all the West European economies, as well the Western offshoots (the United States, Canada, Australia and New Zealand) and Japan have crossed the economic threshold of $20,000/capita. However, inequality across the set of all political economies is extreme, and likely to increase. The paper attempts to complement the institutional analysis of NWW, deploying some theoretical ideas from social choice theory, game theory, and economics (particularly the role of factors of production, land, capital and labor). Emphasis is placed on the variation of risk preference between autocrats and other factor groups. The discussion also alludes to the notion of structural stability of dynamical social systems, and the possibility of chaos. It is argued that all the limited access societies face a Malthusian constraint, generated by the pressure of population on land. In such societies, particularly in Africa in the present day, this quandary over land is likely to lead to the exercise of power by risk preferring autocrats who will restrain any move to open access democracy.     

The Role of Criminal Social Identity in the Relationship between Criminal Friends and Criminal Thinking Style within a Sample of Recidivistic Prisoners

Previous research suggests a direct relationship between criminal friends and criminal thinking style; however, social identity theory proposes that identity mediates the impact of social group members on development of thinking styles. This research project is the first attempt to empirically test the mediating role of criminal social identity in the development of criminal thinking styles within a recidivistic prison sample (N = 312). The structural equation model of criminal thinking style presented and tested in this study supports the central predictions of social identity theory, with findings demonstrating an indirect effect of antisocial friend associations on criminal thinking through in-group affect and in-group ties with criminal in-group members that reflect two of three dimensions of the measure of criminal social identity applied in the current study. Further implications in relation to theory and previous studies are discussed.