Temporary Loan Limits as a Natural Experiment in Federal Housing Administration Insurance

The Economic Stimulus Act of 2008 dramatically but temporarily increased the mortgage loan amount eligible for insurance through the Federal Housing Administration (FHA). We use the implementation and expiration of these loan limits as a source of exogenous variation in the availability of FHA insurance to measure the impact on the overall mortgage market and conventional lending. We find that the introduction of higher loan limits increased the number of loan originations, but that the expiration of those loan limits roughly 6 years later did not significantly decrease affected loan originations. The substitution between loan products and small net impact on the overall mortgage market when the ESA loan limits expired may be explained by the return of a stronger conventional lending industry than existed during the housing crisis.     

A Concurrent Analysis of Three Institutions that Transform Health Technology‐Based Ventures: Economic Policy,Capital Investment,and Market Approval

Drawing on institutional theory, this article articulates qualitative insights from a program of research on Canadian health technology‐based ventures to examine the rules that characterize economic policy, capital investment, and regulatory approval as well as the way these institutions enable and constrain the development of ventures at an early stage. Our findings clarify how economic policy integrates these ventures into the entrepreneurial domain, how capital investment configures them for economic value extraction, and how regulatory approval fully releases their market value. These findings help to revisit current policy modernization initiatives by calling attention to the convergence among the three institutions. Rather than operating solely as a source of constraints, these institutions provide a highly integrated market‐oriented space for health technology‐based entrepreneurial activities to unfold.     

What is the Canon in American Politics? Analyses of Core Graduate Syllabi

Many core graduate-level seminars claim to expose students to their discipline’s “canon.” The contents of this canon, however, can and do differ across departments and instructors. This project employs a survey of core American politics PhD seminar syllabi at highly ranked universities to construct a systematic account of the American politics canon. Our results offer valuable insights into the topics and literature that political scientists consider important and on which future scholars base their work. Our article breaks down the literature into a comprehensive list of topics and subtopics, which allows us to identify both an overall field canon and one for each topic, to assess whether some topics receive more attention than others, and to identify which topics are most clearly defined. We explore the extent to which diverse perspectives and methods are (or are not) taught to young scholars, and, although we identify sets of frequently assigned readings and authors within each topic, we also find considerable variation between seminars.     

Intraparty Hostility: Social Identity,Subidentity, and the Hostile Media Effect in a Contested Primary

The hostile media effect (HME) has generally been tested in terms of in-groups and out-groups, with a “neutral” story in between. This ignores the nature of many social groups as comprising subgroups, often but not always sharing feelings of connectedness and purpose. In cases when bounded subgroups are at odds with one another, HME provides little guidance. A contested partisan primary provides such a case. This study takes identity centrality, candidate favorability, and perceived social network homogeneity as measures of partisanship and involvement, hypothesizing relationships between each and perceived bias against one’s candidate and party. Findings show that markers of candidate-focused social identity predict greater perceived bias against one’s candidate during the 2016 primary season, while party-focused identity fails to predict perceived bias against one’s party. This suggests that candidate support identity overrides plain partisanship during primaries, supporting concern that a heated primary might damage general election party unity. Subsequent postconvention findings suggest that the salience of candidate-focused identity fades, while homogeneity of one’s network regarding party support helps to make perceived hostility toward one’s party identity more salient. However, as campaigns become more candidate-centered, the contestation between nested candidate and party identities may grow fiercer.     

EU Simulations and Engagement: Motivating Greater Interest in European Union Politics

While the effects of simulation-based courses on the knowledge of participating students may be marginal in relation to standard lecture and discussion-based courses, this article argues that the greatest leverage is gained by increasing participating students’ level of interest in the subject of study and in politics more broadly. Participants tend to become increasingly absorbed in their roles and in the politics of the institutions at the center of the simulation. To better consider this possibility, we conducted a survey of students participating in the 2015 Mid-Atlantic European Union Simulation and of appropriate control populations. The survey results indeed suggest that, much more than simply acquiring knowledge about the EU, the simulation experience serves to generate more robust interest in the subject of study.     

State Capacity,Regime Type,and Sustaining the Peace after Civil War

About half of the nations that experience civil war eventually relapse into renewed conflict within a few years after the original war ends. This observation has motivated a stream of research into the factors that affect the risk of peace failure in the aftermath of civil war. While the outcome of the previous civil war—for example, military victory versus peace agreement—structures the post-war environment in ways that affect the risk of peace failure, the capacity of the post-war state to enact and implement policies that affect the incentives for and capacity of groups to undertake armed violence as a means of advancing their interests should also affect the risks of peace failure. Using Geddes’ categories of nondemocratic regime types, we will present a theory of how different regime types have varying capacities to repress and/or implement accommodative policies that affect the risk of peace failure. We test propositions derived from this theory with a series of event history models. Our findings suggest that while peace agreements significantly increase the duration of post-civil war peace, peace agreements involving some types of nondemocratic regimes actually increase the risk of post-civil war peace failure.     

Party politics,elections and (mis-)trust in Japan

Abstract

Trust matters profoundly for many dimensions of political life. In this article we focus on political trust: how the trust or mistrust citizens have toward the political process, politicians and government affects politics. Prior research has shown that political trust influences such crucial dimensions of politics as the basic legitimacy of government, political participation, voting behavior, compliance with government, and reform orientation. In this article, we seek to answer three major questions. First, is political trust declining in Japan? Second, we are interested in exploring the determinants of trust and distrust in politics: why do people lose trust in politics? What kinds of voters lose political trust? Third, we explore the consequences: what happens when people lose trust in government and politics.     

Indicators for economic vulnerability to drought in South Africa

This article identifies and estimates economic drought vulnerability indicators among communal farmers in South Africa, using an economic vulnerability index based on a household survey of 121 communal farmers. The results show that lack of resources, unemployment, price sensitivity, market access, the level of farm debt, output, on- and off-farm diversification, management, and financial safety nets were the main economic vulnerability variables. Farm debt and financial safety provide the bulk of the vulnerability index. The study’s findings suggest that government should reconsider priorities in the implementation of appropriate policy measures in response to drought.