Who Wants to Work for the Government?

In an era when everyone wants to be a millionaire, governments struggle to attract and retain highly qualified employees, making it more important than ever to understand what attracts people to the public service. Using contingency table analysis and logistic regression on the 1989 and 1998 General Social Surveys, we explore how individuals' demographic characteristics and the importance they place on various job qualities influence their preference for and employment in the public sector. Job security may still be the strongest attraction of government jobs, but high income and the opportunity to be useful to society also attract some Americans to the public service. Minorities, veterans, Democrats, and older Americans preferred public-sector jobs more than whites, nonveterans, Republicans, and younger Americans, who were otherwise similar. Women and college graduates were more likely than comparable men and less-educated respondents to have government jobs, but no more likely to prefer them. Overall, desire for government jobs declined markedly between 1989 and 1998.     

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.     

'Learn from Daqing': More dark clouds for workers in state-owned enterprises

Now that China has joined the World Trade Organization, workers employed in the already hard-hit state-owned sector of the economy face the certain prospect of massive new lay-offs. Already, in the early months of 2002, China has seen its largest labor demonstrations since 1949. Not surprisingly, these took place at struggling state-owned enterprises that have recently dismissed thousands of workers. These workers have expressed a great deal of anger at their situation and show little faith in the Communist Party-approved union's--the All China Federation of Trade Unions--ability to protect their interests. For this reason, they have formed an independent trade union, even though the Chinese government has declared such unions illegal. This article provides a context in which to understand these increasingly serious tensions and argues that, without a fundamental change in direction on the part of the Communist Party, China is sure to witness further and more explosive labor problems in the near future.     

State and standards

In this paper a new economic approach to standardization has been presented. Standardization has been regarded as a problem ofgradual choice. An individual chooses to apply more or less standards within a hierarchy of standards. With this decomposition of standards, the problem of strategic market power becomes less important than in the traditional models of standardization. It becomes possible to analyze the problems of network externalities within a framework of non-strategic behavior and to apply the tools of the traditional theory of externalities and public goods. While decentralized action may lead to too little standardization, committees may overcome this deficiency to some extent, but bureaucracies are likely to lead to overstandardization. In the empirical section of the paper it has been shown that our approach can be applied to the standard-setting process in languages, railroads, and telecommunications. In all three cases the tendency of bureaucracies to generate more standardization than committees has been corroborated.The authors are indebted for helpful comments to the participants of the Berlin Seminar on Political Economy and of the colloquium Algemene Economie, Rijksuniversiteit Groningen, and to A. Roemer, Saarbrücken.     

Shirking and political support in the U.S. Senate, 1964–1984

Several empirical studies have suggested that legislators engage in a surprisingly large degree of on-the-job consumption, or ideological behavior. These findings cast doubt on the hypothesis that legislators can be modelled as though they seek to maximize political support. This paper attempts to determine whether commonly used proxies for ideology in fact represent behavior to which voters are averse. The results show that legislators who engage in more of this behavior lose general-election support without generally receiving compensating increases in partyprimary support. A corollary to this result is that voters punish shirking legislators significantly.     

Discrimination Distress During Adolescence

Amidst changing patterns of accommodation and conflict among American ethnic groups, there remains a paucity of research on the nature and impact of racial and ethnic discrimination on development in multiethnic samples of youth. The Adolescent Discrimination Distress Index along with measures of caregiver racial bias preparation and self-esteem was administered to 177 adolescents drawn from 9th–12th graders self-identified as African American, Hispanic, East Asian, South Asian, and non-Hispanic white. Youth from all ethnic backgrounds reported distress associated with instances of perceived racial prejudice encountered in educational contexts. Instances of institutional discrimination in stores and by police were higher for older youth and particularly for African American and Hispanic teenagers. Encounters with peer discrimination were reported most frequently by Asian youth. Reports of racial bias preparation were associated with distress in response to institutional and educational discrimination and self-esteem scores were negatively correlated with distress caused by educational and peer discrimination. The importance of research on discrimination distress to understanding adolescent development in multiethnic ecologies is discussed here.