A market based evaluation of the election versus appointment of regulatory commissioners

This paper examines the elected versus appointed commissioner dichotomy from a market value perspective. Previous empirical analysis tends to concentrate on rates rather than examining the impact on shareholders' wealth. We examine life insurance industry data during the period surrounding the passage of California's Proposition 103. The primary impact of the referendum on life insurers is to change the method of commissioner selection from appointment to popular vote. We find that this change significantly reduced the value of life insurers doing business in California. This result is consistent with the recent findings of Boyes and McDowell (1989) and Smartt (1994) using alternative evaluation procedures for firms in other regulated industries. This implies that the change to a popular election of commissioners either increases the level of risk and/or decreases the expected cash flows of regulated firms.     

Conflict Negotiation Tactics in Romantic Relationships in High School Students

To investigate how teenagers deal with conflict in romantic relationships, 869 high school students (mean age 16, range 14–19), experienced in romantic relations, completed a conflict tactic scale (adapted from Rands et al., 1981, and Straus, 1979). A principal components analysis revealed six factors, which in descending frequency of use were Compromise, Distraction, Avoidance, Overt Anger, Seeking Social Support, and Violence. Conflict tactics varied as a function of demographic characteristics. Specifically, older teens used Compromise more than younger; girls used Compromise and Overt Anger more and Distraction less than boys; African-Americans used Violence more and Compromise less than European-Americans, whereas Asian-Americans used Distraction and Avoidance more than European-Americans. To assess predictors of conflict tactics, teens also completed scales assessing self-esteem (Rosenberg, 1965), immature and mature defense mechanisms (Araujo and Steiner, 1998, under review) and internalizing and externalizing problem behaviors (Achenbach, 1966). Each of these was singly and jointly associated with the use of conflict tactics. In multiple regression analyses, the externalizing problem score best predicted Overt Anger and Violence in dealing with romantic conflict, the internalizing problem score best predicted Avoidance and Distraction; whereas the mature defense mechanism score was the best predictor of seeking Social Support and Compromise.     

Introduction: The State of State Employment

Public sector industrial relations is a somewhat neglected field of investigation. The relative neglect by industrial relations scholars is surprising given that public sector employees in Australia are much more likely to be unionised and work within larger organisations with formalised industrial. Moreover, it has been within public sector environments where the efficacy of public policy directions in industrial relations have been tested. Public sector environments are more likely to be characterised by structured bargaining and policy testing than much of the private sector. One of the purposes of this symposium, then, is to remedy this relative neglect of public sector industrial relations.     

Politics and Unemployment in Industrialized Democracies

This paper provides an empirical appraisal of the influence ofpolitics on the evolution of unemployment rates in 13industrialized democracies (12 European Union countries andthe U.S.) from 1960 to 1999. We conduct new tests ofopportunistic and partisan business cycle models, using richerdata and more general specifications than previous studies. Incontrast to most previous studies, we pay particular attentionto the importance of labor market structure in conditioningthe influence of politics on unemployment. We also investigatethe relationship between political stability and economicstability. The results suggest the existence of partisan effects, withhigher unemployment rates prevailing under ``right'' partiesthan ``left'' parties. There is more support for ``rational''partisan models that embody transient partisan impacts thanfor models with permanent effects. We find evidence that unionpower is associated with higher average unemployment rates,but that centralized bargaining institutions tend to lowerunemployment rates. The evidence also suggests that morefragmented coalition governments are associated with higherunemployment rates than single party governments.     

Female adolescents of alcohol misusers 1: Sexual behaviors

Studies show that children of alcoholics constitute an at-risk population. This study attempted to understand the impact of parental alcohol misuse on sexual behaviors of female adolescents, based on a sample of 1134 teenagers from alcohol misusing parents in Minnesota. Index adolescents were more likely to report having sexual intercourse as well as greater frequency of intercourse, history of pregnancy and greater overall pregnancy risk based on current patterns of sexual behavior and contraceptive utilization. Bivariate analysis revealed that gender of the drinking parent was also associated with the above variables. However, in multivariate assessment of protective and risk factors for adolescent pregnancy in the at-risk sample, maternal vs. paternal vs. both parents drinking was no longer salient. Pregnancy avoidance was associated in the index group with two-parent family structure and higher maternal education, while pregnancy history was associated with a history of physical abuse and perception of high levels of vandalism in the school setting.The study reported in this article did not utilize clinically diagnostic indicators of alcoholism. Hence the authors have deliberately avoided using the word alcoholics when referring to parents of study participants. The terms alcohol misusers and alcohol abusers have been substituted and are used interchangeably.Received Ph.D. from University of Minnesota. Research interests include identifying resilience factors in populations that are considered at risk and the usefulness of these factors in planning social welfare programs.Received Ph.D. from University of Minnesota.Received Ph.D. from University of Minnesota. Research interests include children with chronic illness and disabilities, adolescent sexual decision making and international adolescent health care issues.Received Ph.D. from University of Minnesota. Research focuses on adolescent high-risk behaviors and resiliency, and interested in the translation of social research into social action, programs, and policy.     

Breadth and Intensity of Youth Activity Involvement as Contexts for Positive Development

Research has linked youth activity involvement to positive development. However, past studies have confounded at least two separable dimensions of involvement: breadth (number of activities) and intensity (participation frequency). Theory and the limited available evidence suggest that these dimensions may make independent contributions to development. Based on self-reports from 7430 high school students, this study assessed whether breadth and intensity dimensions were related to each other, to a typical aggregate measure of involvement, and to various indicators of positive development. Breadth and intensity were moderately interrelated and, in combination, they explained the majority of the variance in the typical involvement measure. Both dimensions were positively related to each development index. When examined simultaneously, only breadth had a unique relation with each developmental index. Further, evidence of nonlinear effects was found. Findings were consistent across age levels. Implications for measurement of involvement and interpretations of the extant research are discussed.

The Right to Do Wrong: Lying to Parents Among Adolescents and Emerging Adults

In this study, 229 high school students and 261 college students evaluated the acceptability of lying to parents under 19 different circumstances where a person's motive for lying differed. Students also indicated the frequency with which they had lied to their parents about diverse issue such as friends, dates, and money. Results indicated that adolescents and emerging adults quite commonly lied to their parents, and that in part they framed lying to parents as a way to assert the right to autonomy. Emerging adults were less accepting of lying and reported less frequent lying, compared to adolescents. Results also showed the association of sex, personality (self-restraint and tolerance of deviance), and family environment (control and cohesion) upon adolescents' and emerging adults' acceptance of lying to parents and lying behavior.