PURCHASING POWER PARITY AND BLACK-MARKET EXCHANGE RATES

This paper develops a theory of black-market exchange rate determination as a function of the market-clearing rate, the official rate and changes in official reserve levels. The model is tested for three countries over the period 1952–1971 by using purchasing-power-parity calculations as approximations of the equilibrium rate. The results indicate that relative rates of inflation are the dominant forces influencing equilibrium exchange rates.     

Young adolescents, tobacco advertising, and smoking

BACKGROUND: In adolescents aged 12-14, we measured attitudes to tobacco advertising. Our purpose is to understand the relation of these attitudes to tobacco use and identify the groups most influenced by the advertising. METHODS: Survey of adolescents on Gran Canaria Island, Spain, about aspects of family, school, peers, tobacco consumption, and tobacco advertising. The subjects of the double-stratified cluster sample were 1910 students at the same grade level in 33 schools; 86.6% were 13 or 14 years old, and 51.2% were boys. We generated measures for attitudes to tobacco advertising from replies to seven questions with ordinal scales by an analysis of categorical principal components. To relate attitude to tobacco advertising and the profiles of these adolescents, we used multiple regression and logistic regression models. RESULTS: Attitudes to tobacco advertising are related to some home and school factors, but most significantly to tobacco and alcohol consumption, to amount of time at home without adults, and to peer influence. CONCLUSIONS: It is possible to draw up profiles of the students most vulnerable to tobacco advertising, and to cluster them in two groups, the "vitalists" and the "credulous." The effect of cigarette ads is different between these groups. This study can help to orientate smoking prevention.     

Social Conservatism, New Republicans, and the 1980 Election

Using data from the 1980 National Election Study, we examinethe claims (1) that those voters who shifted to Ronald Reaganin 1980 ("New Republicans") were drawn disproportionately fromthe lower to middle strata of the population: (2) that theywere social conservatives motivated by issues like abortionand ERA: and (3) that they were more religious and alienatedfrom the federal government than average. Our results stronglysuggest that all of these assertions are false and thus questionthe emergence of a "neopopulist" or "Middle American Radical"political constituency on the right wing of American politics.Our findings also have implications for prominent theories aboutconservative political movements and about the changing natureof party politics in a postindustrial society.     

TESTING COMMITMENT COST THEORY IN CHOICE EXPERIMENTS

In choice experiments, it is commonly assumed that individuals make choices in static and certainty decision‐making conditions. Real‐world choices, however, are usually made in a dynamic setting. Committing a purchase decision under conditions of uncertainty might have a “Commitment Cost” (CC). In this study, we test CC theory using a nonhypothetical choice experiment. Specifically, we test whether choice behavior and willingness to pay estimates differ when individuals have the option to gain present or delayed information or reverse the transaction. Our results suggest that the construction of a dynamic decision context can be relevant in the design of choice experiments. (JEL C90, C93, Q18)     

Scoring rules: A cooperative game-theoretic approach

In this work we define the game of the alternatives for each preference profile, and establish relations between scoring rules and cooperative solution concepts for that game, such as the family of semivalues and the family of least square values. Received: 17 March 1997/Accepted: 12 May 1998     

Obamacare in action: how access to the health care system contributes to immigrants’ sense of belonging

ABSTRACT

The Affordable Care Act (ACA) aimed to reduce stark health inequalities by providing universal health insurance to all Americans and long-term authorised immigrants. Later regulations, however, gave the 50 U.S. states latitude to choose the degree of coverage for their constituencies. In this paper, we explore how interactions with these diverse systems of care contribute to the incorporation of immigrants into America, especially among the most likely to remain uninsured: the working poor. We uncovered a process in which immigrants’ access to health coverage and care was informed by the procedural justice embedded in their interactions with representatives of the health care system. These interactions signalled to immigrants their deservingness in American society, operating as a system of incorporation in the most inclusive states and as a barrier to incorporation in the most exclusive ones. Repealing the ACA may exacerbate differences across states in access to health care among eligible immigrants and end the incipient transformation of the U.S. health care system into an agent of immigrant incorporation.     

EVALUATING THE EFFECTIVENESS OF CHILD SAFETY SEATS AND SEAT BELTS IN PROTECTING CHILDREN FROM INJURY

Young children are required to use child safety seats, and the age threshold at which children can legally graduate to seat belts has steadily increased. This article tests the relative effectiveness of child safety seats, lap‐and‐shoulder seat belts, and lap belts in preventing injuries among motor vehicle passengers aged 2–6 yr. We analyze three large, representative samples of crashes reported to police, as well as linked hospital data. We find no apparent difference in the two most serious injury categories for children in child safety seats versus lap‐and‐shoulder belts. Child safety seats provide a statistically significant 25% reduction in the least serious injury category. Lap belts are somewhat less effective than the two other types of restraints but far superior to riding unrestrained. (JEL I18)     

Procedural Justice and the Cooperative Worker: An Interactional Model of Union Participation

Using data collected from a United Steelworkers of America local, we examine the extent to which fair union decision-making processes (procedural justice) and member disposition interact to promote union-supportive behavior. Although results indicate both procedural justice and a collectivist work disposition are positively related to union-supportive behavior, hierarchical regression reveals that procedural justice influences the behavior of members with individualistic work dispositions but not the behavior of members with a collectivist work disposition. So, employers who adopt human resource practices consistent with the high- performance work paradigm may foster increased levels of union-supportive behavior, and unions may need to take member disposition into account when selecting training programs aimed at fostering union-supportive behavior.     

Recognition of Facial Expressions of Emotion is Related to their Frequency in Everyday Life

Cross-cultural and laboratory research indicates that some facial expressions of emotion are recognized more accurately and faster than others. We assessed the hypothesis that such differences depend on the frequency with which each expression occurs in social encounters. Thirty observers recorded how often they saw different facial expressions during natural conditions in their daily life. For a total of 90 days (3 days per observer), 2,462 samples of seen expressions were collected. Among the basic expressions, happy faces were observed most frequently (31 %), followed by surprised (11.3 %), sad (9.3 %), angry (8.7 %), disgusted (7.2 %), and fearful faces, which were the least frequent (3.4 %). A significant amount (29 %) of non-basic emotional expressions (e.g., pride or shame) were also observed. We correlated our frequency data with recognition accuracy and response latency data from prior studies. In support of the hypothesis, significant correlations (generally, above .70) emerged, with recognition accuracy increasing and latency decreasing as a function of frequency. We conclude that the efficiency of facial emotion recognition is modulated by familiarity of the expressions.