Introducing Students to the Generic Terminology of Social Research

The aim of this article is twofold: first, to present an accessible way of introducing students to the key generic terms of social science research. There is an obvious need for clarifying the generic tools and terminology of the social sciences across the disciplines, as academics argue past each other, using identical terms but attaching different meanings to them. Secondly, this article presents the interrelationship between the core concepts of social science (ontology, epistemology, methodology, methods and sources). This 'directional' and logical relationship needs to be understood, if students – and academics – are to engage in constructive dialogue and criticism of each others' work.     

Municipal Bond Insurance: Trends and Prospects

Privately sold bond insurance is the most common form of credit enhancement for municipal bonds. Research generally finds that bond insurance reduces interest costs for lower rated, long–term debt issues. Researchers have concluded that these results are consistent with presumed investor risk aversion, as well as more "rational" risk management behaviors, and with theories concerning the efficiency–enhancing properties of financial intermediation in imperfect markets. We propose a research agenda based both on traditional theories and on additional hypotheses that seek to account for the observed use of bond insurance where net savings would not normally be predicted.     

Conversations in Context: The (Mis)Measurement of Value Change in Advanced Industrial Societies

One aspect of the multifaceted controversy on value change in advanced industrial societies concerns the measurement of values. Analyses of 1976–86 Euro-Barometer data have indicated that responses to the four-item “materialist-postmaterialist” values index are very sensitive to current economic conditions, especially inflation and unemployment rates and, hence, much of the recorded increase in postmaterialism in eight Western European countries since the mid-1970s is artifactual. Although it has been claimed these findings disappear if more recent data are considered, time series analyses reveal that responses to the values measure are strongly affected by prevailing economic conditions throughout the entire 1976–92 period. These aggregate-level findings are buttressed by individual-level analyses of 1989 Euro-Barometer data.     

The Coming of Parliamentary Television: The Lords and the Senate Compared

Subscribing to a Burkean view of representation, legislators have long tended to resist constant public scrutiny. In recent years, however, they have overcome this reluctance in a large number of countries and voted to allow the televising of their proceedings. But why they did so remains a mystery. Some media theorists argue that television exposure is a 'great democratizer'. It demystifies public authority figures and obliges them to become more accountable for their actions. The experience of the British House of Lords and the United States Senate suggests instead that television was invited in by rational political actors as a means of achieving their goals in a time of change. In this view, television is best seen not as a force in its own right, but as a medium of communication that can be strategically deployed by goal-oriented political élites responding to different political circumstances and institutional incentive structures.