Accrual Accounting and the Government's Intertemporal Budget Constraint

In its standard form, the intertemporal budget constraint requires the present value of a government's future primary cash surpluses to be at least equal to the value of its outstanding debt. In an effort to help link accrual accounting to fiscal analysis, this paper shows how the constraint can also be expressed in terms of the surpluses and balance sheets of the accrual-based accounts and fiscal statistics that are increasingly supplementing and sometimes replacing traditional cash-only accounting.     

Strategic electoral considerations under proportional representation

Scholars have long assumed that voters do not employ strategic considerations when casting a vote in systems of proportional representation. Either this would not be necessary because few votes were wasted or impossible because the calculations involved would be too difficult to make. This research note examines the latter and concludes that (Dutch) voters are better able to make such calculations than traditionally has been presumed. Under quasi-experimental conditions that involved what can be called coalition preference voting, voters show tendencies to react to strategic considerations when determining their vote preference.     

Complete mitochondrial genome sequences for 265 African American and U.S. “Hispanic” individuals

Entire mitochondrial genome (mtGenome) sequences of 265 unrelated African American and U.S. “Hispanic” individuals were generated.     

The commercialization of academic patents: black boxes,pipelines, and Rubik’s cubes

Drawing on histories of technological innovation originating from research by faculty at The Pennsylvania State University and Johns Hopkins University, this paper presents evidence for a “technology” as well as an “intellectual property rights” research approach to the commercialization of academic patents. By describing how inventor and firm activities and strategies affect the technical development and commercial positioning of university patents, a technology focus adds depth to the general proposition that university patents are embryonic technologies. It likewise serves as an analytical probe to reconsider other mainstream propositions about university technology transfer.     

Never a dull moment: Pim Fortuyn and the Dutch parliamentary election of 2002

The 2002 parliamentary election in the Netherlands will always be associated with the name of Pim Fortuyn. His murder only nine days before the election was the first political assassination in the Netherlands in more than 300 years. The sudden success of the new party he had founded, coupled with the major losses for the Labour and Liberal parties, made this an historic election. This article attempts to understand the motivations of the voters at this election, in particular the voters of the List Pim Fortuyn (LPF). It is first shown that the conventional wisdom, which assumes voting based on religion and social class, and voting along ideological issue lines, has lost its ability to explain voter behaviour in the Netherlands. An explanation based on retrospective economic voting is also rejected. The success of the LPF is accounted for by the popularity of Fortuyn and his appeal among those who had cynical attitudes towards government or who were dissatisfied with the performance of the incumbent government. The popularity of Fortuyn is shown to have been related to political issues, in particular those relating to asylum seekers and the integration of foreigners in the country.     

VISITATION AND CHILD SUPPORT GUIDELINES

Fabricius and Braver argue that nonresident fathers incur appreciable visitation expenses and that their child support obligations should be reduced accordingly. To assess whether fathers incur "appreciable" expenses requires data from mothers and fathers on expenditures in dollar terms rather than data from college students on items kept in the nonresident father's house. The Fabricius and Braver data also overstate the degree to which all divorced fathers do anything for their children. Representative data indicate that father visitation declines substantially over time. Father's postdivorce, post–child support standard of living remains twice that of mothers and children. The cliff model—making adjustments for visitation only in the rare cases of very high shared physical custody—is sensible policy.     

Santam and Nando's: An advertising narrative of local humour,local conflict,local co-branding

ABSTRACT

In 2011 South African short term insurer Santam (Santam Ltd.) put in place an advertising initiative that illustrates the power of a humorous brand narrative effected in conjunction with another brand. In this case, it is the South African arm of Nando's (Nando's Chickenland Ltd.), a fast food restaurant chain specialising in Portuguese-themed chicken dishes that rely heavily on peri-peri spices. The two well-known brands aired a series of five commercials on television and the Internet, trading good-humoured jibes centred around the value proposition of each company's offering. The resultant rise in social media viewership and consumer engagement was notable and illustrates the efficacy of a cobranded narrative run over numerous media platforms; in this case radio, television, social media, print and the Internet.