Measuring Socio-economic Status in the Millennium Villages: The Role of Asset Index Choice

How are poverty analyses and poverty traps assessments affected by the choice among conventional methods of asset index construction? To address this question, this article uses panel data from four sites in the Millennium Villages Project (MVP) in Malawi, Tanzania, Mali and Ghana to study the relationship between eight asset indices and the sensitivity of findings related to poverty rates, poverty transitions and poverty traps to the index used. We find that although estimations of poverty rates and transitions are largely consistent across indices, evidence of poverty traps can be conditional on which asset index is used. The asset indices studied include structural income, principal components, factor analysis and a reduced set of assets reflecting the portfolio assessed in the Demographic Health Survey (DHS) data.     

Budget Transparency in Local Governments: An Empirical Analysis

The aim of this paper is to shed additional light on the determinants of budget transparency in local governments. Our work is based on a Likert-type survey questionnaire specifically designed to measure budget transparency in small municipalities. The questionnaire is based on the IMF's revised Code of Good Practices on Fiscal Transparency (2007). Results from 33 Galician municipalities are used to assess its internal consistency and to test a battery of hypotheses on the determinants of budget transparency. While several previous findings of the literature are confirmed, some new results are also obtained.     

The Effectiveness of Using New Instructors to Teach an LGBT Ally Development Course

We examined student responses to three new instructors who taught a lesbian, gay, bisexual, and transgender (LGBT) ally development course as described in a study by Ji, Finnessy, and Dubois (2009). Our analysis of the responses indicated that students did improve as LGBT allies in ways similar to those reported in the 2009 study. The findings suggest that the course could be disseminated provided that instructors actively encouraged students to engage in experiences that develop their LGBT ally identities.     

Notes on contributors

Robyn Eckersley: Environmentalism and Political Theory: Toward an Ecocentric Approach. Albany: State University of New York Press, 1992.

Arne Naess: Ecology, Community and Lifestyle. Translated and revised by David Rothenberg. Cambridge: Cambridge University Press, 1989.

M. Annette Jaimes, ed.: The State of Native America: Genocide, Colonization, and Resistance. Race and Resistance Series, Boston, South End Press, 1992.

Alexander Wilson: The Culture of Nature: North American Landscape from Disney to the Exxon Valdez. Cambridge, MA: Basil Blackwell, 1992.     

Market and institutional determinants in the regulation of conveyancers

Demand for law professionals in the conveyancing of property is decreasing because of market and institutional changes. On the market side, many transactions feature large, well-known parties and standardized transactions, which make professionals less effective or necessary for protecting the parties to private contracts. On the institutional side, public titling makes it possible to dispense with a broadening set of their former functions. Recording of deeds made professionals redundant as depositories of deeds and reduced demand for them to design title guarantees. Effective registration of rights increasingly substitutes professionals for detecting title conflicts with third parties and gathering their consent. Market changes undermine the information asymmetry rationale for regulating conveyancing, while institutional changes facilitate liberalizing not only conduct but also license regulations. These arguments are supported here by disentangling the logic of titling systems and presenting empirical evidence from the European and USA markets. The author thanks John D. Cooke, Fernando Gómez Pomar, Pamela O'Connor, Joyce D. Palomar, Ruth Paserman, Mark C. Schechter, Frank Stephen, Christine C. Wilson and participants at the Ninth EU Competition Law and Policy Workshop, the Eigth ISNIE conference and Université de Paris X for their comments and Ana Estrada for her research assistance. Usual disclaimers apply.     

Campaign spending and office-seeking motivations: an empirical analysis

This paper presents econometric evidence on the relationship between campaign spending and office seeking motivations. Our results, using Spanish data, show that campaign spending per capita increases with the stakes for the winner, measured by the appointment power of the office. Moreover we find that campaign spending per capita increases with the level of self-government of the region. Our results concord with those reported for other countries with very different systems of campaign funding.     

Is the Walsh Contract Really Optimal?

The purpose of this paper is to show thatthe linear penalization to inflation foundin Walsh (1995) is not the government'soptimal choice when the fixed part of thetransfer scheme is any given constant and thepayment to the central bank represents acost for the government.