Journal of Socio-Economics
A behavioral model of labor supply: Casting some light into the black box of income-leisure choice [статья]
Опубликовано на портале: 15-12-2002Morris Altman Journal of Socio-Economics. 2001. Vol. 30. No. 3. P. 199-219.
The economics of labor supply, a basic building block of economic theory, cannot provide any substantive analytical predictions on the course of labor supply by an individual or a group. This is largely due to the absence, in the theory of income-leisure choice, of any consequential behavioral content which speaks to existing and changing preferences of individuals and to the differences in preferences across individuals. Introducing a discussion of preferences into the argument, in particular target real income and target nonmarket time, provides for a richer model of labor supply and for a more precise set analytical predictions with important public policy implications.
Опубликовано на портале: 15-12-2002John F. Tomer Journal of Socio-Economics. 2001. Vol. 30. No. 3. P. 243-261.
Drawing on important insights from psychological and other noneconomic literature and combining these with economic insights, a careful explanation of why addictive behavior is not rational is provided and a socio-economic model is developed to explain addictive behavior. The model incorporates a much broader conception of human behavior than does mainstream economics, and a broader recognition of the variety of factors that influence human behavior. The model is consistent with intuitive wisdom and the wisdom of religious and spiritual traditions. There is much scope for further research.
A focus group study of the motivation to invest: 'Ethical/green' and 'ordinary' investors compared [статья]
Опубликовано на портале: 15-12-2002Alan Lewis Journal of Socio-Economics. 2001. Vol. 30. No. 4. P. 331-341.
Forty-five ordinary investors, in 7 focus groups, and 49 ethical/green investors in a further 7 focus groups discussed their various motivations for investing. Interpretations of the results were produced with the aid of NUDIST software and repeated readings of the transcriptions. Neither ordinary nor especially ethical investors were keen to attribute solely economic motives to themselves revealing instead their need to provide for future selves and to bequeath. Ethical/green investors primarily mentioned avoiding companies who manufacture munitions, are exploitative, and who pollute. Many participants, especially the ethicals, felt an unease about contemporary capitalism and current UK government policy, suggesting that ethical investing had become a necessity because of government failure and that it could change the commercial world for the better although the process was admittedly a slow one. This paper aims to enrich the notion of rational economic man.
Опубликовано на портале: 15-12-2002Bijou Yang, David Lester Journal of Socio-Economics. 2000. Vol. 29. No. 3. P. 281-290.
The role of culture in economic affairs was first recognized by Max Weber who attributed the rise of modern capitalism to the Protestant ethic. More recently, the contribution of cultural factors to economic success or failure in different countries or regions of the world has been documented. The present paper joins this effort by demonstrating the impact of culture on unemployment empirically. The national character traits of neuroticism and extraversion were added to a regression analysis of unemployment developed by Nickell (1998).
A restructured social market [статья]
Опубликовано на портале: 12-12-2005Amitai Verner Etzioni Journal of Socio-Economics. 2000. Vol. 29. No. 3. P. 215-223.
Before listing the offering made on the altar of efficiency, one may wonder why this should matter to non-Americans, given that most other industrial societies maintain much higher levels of social caring, even if recently they have been lowered a bit. Indeed, it might be said that while the US is cutting into the bone, European welfare states are merely trimming the fat. The question, though, that all welfare states must face is where the fat stops and the bone begins. This is of great significance for sound public policies, democratic politics, and matters of principle. Even societies that have experienced fewer welfare cuts than the US are occasionally swinging across the line that separates streamlining the social market and dehumanizing it, if for no other reason than that the line has not been clearly drawn. Talking old people out of life-saving medical treatments to reduce costs is a glaring example. Furthermore, the absence of a vision of what a restructured social market is going to end up looking like what will be gutted as compared to firmly protected - grossly undercuts the legitimacy and the political support for these streamlining endeavors.
Опубликовано на портале: 15-12-2002Milan Zafirovski, Barry B. Levine Journal of Socio-Economics. 1999. Vol. 28. No. 3. P. 309-334.
The task is to explore social underpinnings in economic exchanges. This oration is undertaken within the frame of reference of socio-economics that centers on the multifarious social and cultural variables of economic phenomena. In particular, the socio-economic perspective on the market, focusing on the social setting of market exchanges, is utilized. As such, this exploration probes under the surface of (seemingly) cost-benefit induced exchange processes and uncovers a far more complex social structure and dynamics underlying these processes. Hence, these processes are analyzed as constituting socio-economic categories of the market. The social-cultural contingency of economic exchange, especially of its market varieties, is the key hypothesis. This signifies that market exchange, just as production, distribution, and consumption, is a dependent variable on concrete social-historical conditions, rather than being a human universal. The approach proposed here provides an alternative to the purely economic conception, which treats exchange processes as strictly economic variables driven by an intrinsic logic and insulated from other social relations. The mainstream economic literature's lack of consistent applications of such an approach to market exchange contrasts with the richness of such applications in the field of socio-economics. An attempt is made to contribute toward further elaboration and application of socio-economics.
Опубликовано на портале: 15-12-2002Patrick Raines, Charles G. Leathers Journal of Socio-Economics. 2000. Vol. 29. No. 4. P. 375-388.
The behavioral influences of large bureaucratic organizations that were noted by Schumpeter would seem to weigh heavily against the plausibility of the Schumpeterian hypothesis that large corporations are more powerful engines of technological innovations than small competitive firms. But those influences also offer clues about how cultural differences between the US and Japan resulted in large Japanese corporations in the later post-WWII era conforming closely to the Schumpeterian hypothesis.
Опубликовано на портале: 15-12-2002Mildred Warner Journal of Socio-Economics. 2001. Vol. 30. No. 2. P. 187-192.
This paper explores the constructability of social capital and specifically the role formal state supported institutions can play in structuring community level interventions to build social capital.
Опубликовано на портале: 22-05-2004Nancy J. Miller Journal of Socio-Economics. 2001. Vol. 30. No. 6. P. 475-493.
The social environment in which the retailer conducts business is not often measured for its fundamental influences on consumers' local purchasing behavior. This study, using social capital theory as a theoretical framework, examines whether reciprocal actions exist between community members as consumers and retailers and if these actions are persuasive in predicting the economic activity regarded as consumer inshopping. Determinants of inshopping behavior are analyzed from the community member's perspective in a study of the rural community marketplace. The sample population consisted of consumers living in two rural Iowa communities with populations less than 10,000, agricultural-based economies, and retail mixtures of locally owned and operated small-sized businesses as well as national chain and discount organizations. Structural equation modeling estimated the causal patterns among consumers' attachment to community with two endogenous variables regarding reciprocity and inshopping behavior. Findings offer supporting evidence that social relationships aid in predicting rural marketplace relationships.
Опубликовано на портале: 15-12-2002Morris Altman Journal of Socio-Economics. 2001. Vol. 30. No. 5. P. 379-391.
In this paper cultural factors are incorporated into a behavioral model of economic growth and development and the circumstances under which culture can make a difference are articulated. In this context, the question of the long run survival, in a competitive environment, of firms and societies imbued with cultural precepts that are not conducive to growth and development, is addressed. This discussion attempts to redress a gap in economic theory, which does not well incorporate cultural factors as independent and causally substantive variables.
Опубликовано на портале: 15-12-2002Rebeca Raijman Journal of Socio-Economics. 2001. Vol. 30. No. 5. P. 393-410.
This paper focuses on Mexican immigrants who are considering to start a business but do not so for various reasons. It queries the individuals at the very preliminary stages of the process when they are contemplating the alternatives, so it is well suited to learn about the determinants of business ownership. The findings demonstrate the potential value of personality measures for predicting who will want to start a business. The results underscore that having close family members in business exposes individuals to role models and sources of financial and nonfinancial help that might put business ownership within reach of people with modest resources. Economic resources in the household, in the form of financial investments, also affect the wish to start a business because they furnish available capital for the start-up.
Differential effects of parental involvement on cognitive and behavioral outcomes by socioeconomic status [статья]
Опубликовано на портале: 15-12-2002Ralph B. McNeal Journal of Socio-Economics. 2001. Vol. 30. No. 2. P. 171-179.
Using the concepts of cultural and social capital, a theoretical framework is provided for why there would exist differential effects of parental involvement across cognitive and behavioral outcomes. The variable relationships between involvement and each outcome are investigated by socioeconomic status.
Опубликовано на портале: 15-12-2002Gary D. Lynne Journal of Socio-Economics. 1999. Vol. 28. No. 3. P. 267-288.
Microeconomics envisions a single decision-maker in a firm or household who is presumed to experience economic relationships only in markets. This theory is largely silent regarding the moral dimension, i.e., the nature of the invisible hand, and how it unconsciously affects the self acting in said markets. Amitai Etzioni, the founder of socioeconomics, offered the vision of the moral dimension as a component of the self. Metaeconomics operationalizes this vision by making explicit the Strict Father moral dimension in the invisible hand and recognizing interdependence of self when Nurturant Parent morality is operant. It builds upon a tripartite, multiple-self concept, with a mediating adult who balances the pleasures with the moral dimension in finding a satisfactory mix of self - and we-interests. By making this dimension explicit, metaeconomics reintegrates ethics and economics, includes values and community, and proposes the starting point for a common analytical engine for all socioeconomists.
Опубликовано на портале: 15-12-2002Herbert Kiesling Journal of Socio-Economics. 1999. Vol. 28. No. 6. P. 653-663.
Economics can be considered the science that deals with marketplace efficiency, or it can be viewed as a social science, which deals with human policy goals considered generally. The view Amartya Sen (1987) takes of the matter is that the broader view is the more correct. There is one large and important group of human goals that the mainstream professional economists systematically omit from their discipline: collective goals, especially other-regarding collective goals. How investigators can isolate lists of social goals that persons consider important is discussed. Using these it should not be difficult for social scientists to proceed to provide analysis, drawing upon all the relevant theoretical and imperical knowledge, and so making predictions for opportunity costs in terms of all the other goals of moving a unit closer to any goal (particularly a goal of central concern).
Опубликовано на портале: 15-12-2002Sourushe Zandvakili Journal of Socio-Economics. 2000. Vol. 29. No. 1. P. 73-89.
The labor market in the United States has gone through a number of noticeable changes, one of which is a rise participation of women in the labor force. A number of studies have investigated the consequences of these changes on wage, income, or earnings inequality in a static framework. This study investigated the consequences of these changes on earnings inequality over time. The earnings inequality among male- and female-headed households is compared. The factors are considered that might have influenced the earnings inequality among female-headed households. Short-term and long-term inequality was measured from 1978-1986. It was found that short-term inequalities generally have a rising trend and contain transitory components; long-term inequalities declined in the early years because of a smoothing of transitory components; and within-group inequalities are the principle determinant of overall inequality. Education, race, age, and marital status were considered as possible contributors to the overall inequality. Education and race were shown to be the most influential factor explaining inequality among female-headed households and explained a third of the observed inequality. Earnings stability profiles reveal the existence of permanent and chronic inequality.