American Journal of Economics and Sociology
Выпуск N4 за 2001 год
Опубликовано на портале: 15-12-2002Lauchlan T. Munro American Journal of Economics and Sociology. 2001. Vol. 60. No. 4. P. 795-814.
This paper suggests that a principal-agent perspective may be one of several useful ways of analyzing the family. The principal-agent literature has so far ignored an important set of cases where the principal is incapable of defining and defending her own interests, and so is assigned an agent by law or custom. This paper applies principal-agent analysis to one such case, the family, where the child is taken as the principal and the parent is her agent. The principal-agent problem within families creates a prima facie case for certain state interventions to protect the interests of child-principals. The principal-agent perspective on the family sheds new light on two old debates: about provision of state welfare services in cash or in kind, and about user fees for social services.
Do reservation Native Americans vote with their feet?: A re-examination of Native American migration, 1985-1990 [статья]
Опубликовано на портале: 15-12-2002Elizabeth Zahrt Geib American Journal of Economics and Sociology. 2001. Vol. 60. No. 4. P. 815-827.
Native Americans suffer some of the highest rates of poverty and unemployment and the lowest rates of human capital attainment among racial minority groups in the United States, but economists undestand very little about the impact these conditions have on the migration patterns of Native Americans. In 1994, a seminal article on this topic appeared in this journal (Cehula and Belton 1994). In their article, the authors suggest that the low levels of human capital and poor conditions in Native American reservations should make Native American migration sensitive to interstate differences in AFDC spending levels. This parer refines their analysis by using micro-level rather than aggregate ddta, and by controlling for reservation residence and the impact of informal social safety nets in the source region.
Social inequality and the sociology of life style: Material and cultural aspects of social stratification [статья]
Опубликовано на портале: 15-12-2002Dieter Bogenhold American Journal of Economics and Sociology. 2001. Vol. 60. No. 4. P. 829-847.
The rising importance of dimensions such as age, gender, nationality, ethnicity, political attitudes, and multiple choices to organize the notion of life course has made the older class concept appear obsolete to the research sociologist. A thesis is that the current expanding discussions of life styles are not necessarily a substitute but a valuable supplement to social stratification theory. Life style research can contribute to the question of the relevance of the class concept. The result of the investigation shows that life style research, when connected to the writings of Thorstein Veblen, Georg Simmel, and Max Weber, can enrich research in the social sciences.
The long and bumpy road to glass-steagall reform: A historical and evolutionary analysis of banking legislation [статья]
Опубликовано на портале: 15-12-2002Jill M. Hendrickson American Journal of Economics and Sociology. 2001. Vol. 60. No. 4. P. 849-879.
This paper focuses on understanding the role of interest groups and markets in influencing regulatory change. To that end, it first identities the interest groups surrounding the creation of legislation that separated commercial and investment banking in the 1930s and then identifies the interest groups involved in the more recent attempts to repeal the separation. Careful attention is also given to developments in the private market that affect the legislative process. This particular case study finds that existing orthodox economic and political science literature gives too much credit to interest groups and not enough credit to private market developments when analyzing policy development and reform.