WOMEN PREFER LARGER GOVERNMENTS: GROWTH,STRUCTURAL TRANSFORMATION,AND GOVERNMENT SIZE

The increase in income per capita is accompanied, in virtually all countries, by two changes in economic structure: the increase in the share of government spending in gross domestic product (GDP), and the increase in female labor force participation. We argue that these two changes are causally related. We develop a growth model based on Galor and Weil (1996) where female participation in market activities, fertility, and government size, in addition to consumption and saving, is endogenously determined. Rising incomes lead to a rise in female labor force participation as the opportunity cost of staying at home and caring for the children increases. In our model, higher government spending decreases the cost of performing household chores, including, but not limited to, child rearing and child care, as in Rosen (1996) . We also use a wide cross‐section of data for developed and developing countries and show that higher market participation by women is positively and robustly associated with government size. We then investigate the causal link between participation and government size using a novel unique data set that allows the use of the relative price of productive home appliances as an instrumental variable. We find strong evidence of a causal link between female market participation and government size. This effect is robust to the country sample, time period, and a set of controls in the spirit of Rodrik (1998) . (JEL O4, E62, H11)     

Ideology and the Tax Revolt: Florida's Amendment 1

A number of researchers have concluded that the tax revolt ismotivated by an antigovernment ideology which is distributeddiffusely in the mass public. However, public opinion on Florida'sAmendment 1 was fragmented into a number of separate issue publics,with different sets of voters expressing different concerns.The implication of this finding is that prevailing interpretationsof the tax revolt have overestimated the role of ideology.     

Réglementation et avenir du travail: la relation de travail facilite l'innovation

La transformation numérique et la réorganisation des entreprises font apparaître de nouvelles modalités de travail fort éloignées de la relation de travail typique. Selon les partisans de la rupture numérique, le cadre juridique actuel n'est pas adapté aux formes de travail et modèles d'entreprises «innovants». Pourtant, la réglementation du travail peut faciliter l'innovation et la flexibilité, comme l'emploi typique peut être un moyen d'améliorer l'efficacité et de réduire les coûts. En effet, la relation de travail permet le plein exercice des prérogatives de l'employeur et le déploiement interne de la main-d'œuvre; c'est aussi un bon moyen d'assurer formation et montée des compétences.     

Semiparametric Regression with Kernel Error Model

Abstract.  We propose and study a class of regression models, in which the mean function is specified parametrically as in the existing regression methods, but the residual distribution is modelled non-parametrically by a kernel estimator, without imposing any assumption on its distribution. This specification is different from the existing semiparametric regression models. The asymptotic properties of such likelihood and the maximum likelihood estimate (MLE) under this semiparametric model are studied. We show that under some regularity conditions, the MLE under this model is consistent (when compared with the possibly pseudo-consistency of the parameter estimation under the existing parametric regression model), is asymptotically normal with rate and efficient. The non-parametric pseudo-likelihood ratio has the Wilks property as the true likelihood ratio does. Simulated examples are presented to evaluate the accuracy of the proposed semiparametric MLE method.     

RISK PREFERENCES AND EXPECTED UTILITY: EVIDENCE FROM LABOR SUPPLY DATA

This paper adds to the growing body of evidence that observed risk preferences are not consistent with expected‐utility theory. Using the link between labor supply decisions and utility as outlined by Chetty (“A Bound on Risk Aversion Using Labor Supply Elasticities.” The American Economic Review, 96(5), 2006, 1821–34), I compute the curvature of utility over wealth for 3,900 individuals in the 1996 Panel Study of Income Dynamics. I then compare this estimate to a measure of relative risk aversion based on the respondents' answers to hypothetical gambling questions and find virtually zero correlation. Finally, I investigate how the two measures and their correlations change by demographic groups and risky behavior. (JEL C81, D80, J22)     

“壳”资源价值及相关行为分析

在证券市场上 ,“壳”公司本无价值 ,但却作为一种稀缺资源而具有价值 ,并成为众多公司和企业买卖的对象。作者以“壳”公司作为研究对象 ,来分析其价值本质及其相关行为对证券市场的影响 ,从“壳”价值的形成入手 ,认为其价值的本质在于其“稀缺性” ,并分析了“壳”资源的买卖行为对证券市场产生的有利和不利影响 ,指出对“壳”资源的买卖行为进行规范和引导的必要性和意义     

Networking sisterhood,from the informal to the global: AkiDwA,the African and Migrant Women's Network,Ireland

In this article we document the networking strategies of Ireland's leading migrant women's organization, AkiDwA – the African and Migrant Women's Network. We begin by positing networking as a process of agency and transformation and argue for the heuristic potential of ‘network’ in unpacking the gendered experiences of migration. Employing theoretical and ethnographic tools, we position AkiDwA as key to understanding how migrant women have been addressing discrimination, isolation, exclusion, violence and racism, through promoting gendered and culturally sensitive services and policies. We outline three phases in AkiDwA's development since the onset of immigration in the 1990s, from the informal to the global, situating it as the hub of overlapping national and global networks of migrant women, spanning Ireland, Europe and beyond. We conclude by suggesting that network analysis, rather than being a general grand theory, allows us to develop the micro‐macro links that, as Robert Holton argues, bring together small worlds with larger structures.