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Fire in the Firehouse? Preference Falsification and Informal Economic Activity in Peru 消防站着火了?秘鲁的优惠伪造与非正式经济活动
American Review of Political Economy Pub Date : 2008-06-01 DOI: 10.38024/arpe.101
E. Marcelli, Zagros Madjd-Sadjadi
{"title":"Fire in the Firehouse? Preference Falsification and Informal Economic Activity in Peru","authors":"E. Marcelli, Zagros Madjd-Sadjadi","doi":"10.38024/arpe.101","DOIUrl":"https://doi.org/10.38024/arpe.101","url":null,"abstract":"Since Peru's independence from Spain in 1821, and more recently, beginning with the revolutionary doctrine of APRA's founder, Haya de la Torre in 1920, there have been multiple attempts to transform socio-political institutions opposed to mass inclusion of persons working within the 'informal sector'. Paradoxically, Peru has had a history of extremely poor social reform despite the long-term presence of considerable reformist sentiment. In fact, not until the Velasco-led military coup of 1968 did the country become ripe for authentic institutional change. This paper develops a method of studying institutional continuity and change based upon the existence of preference falsification, which until now has been used almost exclusively to model mass revolutionary efforts of a violent nature. The argument is made that to gain a better understanding of why there has never been a mass revolutionary effort in Peru, at least as it is commonly defined, it is necessary to investigate how individual private and public preferences are influenced by the share of society expected to participate","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"12 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117183903","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
The Employment –Wage Relationship Was Keynes right after all? 就业-工资关系凯恩斯到底是对的吗?
American Review of Political Economy Pub Date : 2008-06-01 DOI: 10.38024/arpe.100
N. Apergis, I. Theodossiou
{"title":"The Employment –Wage Relationship Was Keynes right after all?","authors":"N. Apergis, I. Theodossiou","doi":"10.38024/arpe.100","DOIUrl":"https://doi.org/10.38024/arpe.100","url":null,"abstract":"This paper investigates the existence and direction of a relationship between real wages and employment. Using a panel from ten different OECD countries, from 1950 to 2005, it applies panel cointegration and causality methodology. This study finds statistical evidence for a long run relationship between these two variables. However, it firmly rejects the hypothesis that wages cause employment in the short-run. Thus the results support Keynes’s view namely, real wages fall because employment increases, presumably via an increase in demand. The results imply that real wage reduction is not sufficient to induce an expansion of output and employment.","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"41 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117249239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 22
Aid Motivation and Donor Behavior 援助动机与捐赠者行为
American Review of Political Economy Pub Date : 2007-06-01 DOI: 10.38024/arpe.96
S. Nath, Sanjeev K. Sobhee
{"title":"Aid Motivation and Donor Behavior","authors":"S. Nath, Sanjeev K. Sobhee","doi":"10.38024/arpe.96","DOIUrl":"https://doi.org/10.38024/arpe.96","url":null,"abstract":"This paper develops an analytical framework to explain foreign aid motivation and donor behavior, using an interdependent utility maximization framework, in which donor faces two constraints; its own budget constraint and the recipient's utility function. This paper specifically contributes to the literature on foreign aid by integrating the various objectives underlying aid allocation, namely recipient income and trade performance, international income distribution and donor reaction to fungibility. Between trade interest and international income distribution, the former is found to be a more common consideration in aid allocation. One of the important results is that the fungibility of foreign aid is established as a major problem so as to invite donor’s retaliation. However, the retaliatory response appears to co-exist with other motivations.","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"74 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129801995","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 14
Understanding Global Capitalism Passive Revolution and Double Movement In the Era of Globalization 理解全球化时代的全球资本主义被动革命与双重运动
American Review of Political Economy Pub Date : 2006-12-01 DOI: 10.38024/arpe.93
Li Xing
{"title":"Understanding Global Capitalism Passive Revolution and Double Movement In the Era of Globalization","authors":"Li Xing","doi":"10.38024/arpe.93","DOIUrl":"https://doi.org/10.38024/arpe.93","url":null,"abstract":"This paper attempts to provide a framework for understanding the way globalization has reshaped the terrain and parameters of social, economic and political relations both at the national and global levels, and exerted pressure on the resiliency capacities of capitalism. It proposes to examine the ways social relations of domination and subordination are produced, reproduced and maintained while continuously undergoing transformations. Through conceptualizing the evolution of the capitalist world order in a historical perspective and by exploring the changes of relations brought about by the intensification of globalization since the 1990s, the objective is to generate a perspective for understanding such a process based on the application of Gramscian and Polanyian theoretical and analytical categories. The conclusion aims to convey that the process is contingent on both structures and agencies and it also produces the opposite result: i.e. reducing the legitimacy of capitalism’s hegemony and especially limiting its resilient capacities.","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"34 8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2006-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114066406","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Exchange Rate-Based Stabilization in War-Ravaged Economies The Case of Lebanon 以汇率为基础的战后经济稳定:以黎巴嫩为例
American Review of Political Economy Pub Date : 2006-12-01 DOI: 10.38024/arpe.91
S. Shahnawaz
{"title":"Exchange Rate-Based Stabilization in War-Ravaged Economies The Case of Lebanon","authors":"S. Shahnawaz","doi":"10.38024/arpe.91","DOIUrl":"https://doi.org/10.38024/arpe.91","url":null,"abstract":"This article examines exchange rate-based stabilization in an economy that has been badly destroyed by war or other calamities. The article does this in the context of post-civil war Lebanon. Both Iraq and Afghanistan are prime candidates for such a policy. This article first demonstrates the validity of the theory and empirical regularities (initial boom followed by an economic contraction) in the case of Lebanon and argues for the suitability of such programs for war-ravaged economies. It then empirically highlights the role played by the credibility of policy makers in the success or failure of the program and the resulting dynamics of economic variables. The article concludes that the success depends on a political environment that engenders credible policy.","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2006-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126304126","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
MOVING MONETARY REFORM TO THE “FRONT BURNER” 把货币改革放到“首要位置”
American Review of Political Economy Pub Date : 2005-03-01 DOI: 10.38024/arpe.85
Stephen Zarlenga
{"title":"MOVING MONETARY REFORM TO THE “FRONT BURNER”","authors":"Stephen Zarlenga","doi":"10.38024/arpe.85","DOIUrl":"https://doi.org/10.38024/arpe.85","url":null,"abstract":"Entering the 3rd Millennium we face both great danger and opportunity. Unheard of wealth concentrates into very few, largely undeserving hands. Even in America, the richest country on Earth, people work harder and produce more than ever, yet increasingly fall into debt and bankruptcy, while predators plunder society by merely shuffling papers. Major corporations concentrate on profiting by misusing the money system, rather than with production. Such corruption is not sustainable or justifiable. The American Monetary Institute holds that the structure of the money system itself is at the root of the corruption and we promote reform to bring our monetary system into harmony with the nature of money.","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2005-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128377107","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
AND, INJUSTICE FOR SOME CORRUPT EXCHANGE AND THE RISK-AVERSE OFFICIAL 对一些腐败的交易所和厌恶风险的官员来说，这是不公平的
American Review of Political Economy Pub Date : 2004-09-01 DOI: 10.38024/arpe.80
Gary E. Marché
{"title":"AND, INJUSTICE FOR SOME CORRUPT EXCHANGE AND THE RISK-AVERSE OFFICIAL","authors":"Gary E. Marché","doi":"10.38024/arpe.80","DOIUrl":"https://doi.org/10.38024/arpe.80","url":null,"abstract":"Although corruption and optimal law enforcement literature have addressed the effects of corruption, little has been done to analyze the decision to become corrupt. For example, little is known about risk preferences and how they might affect the nature of a corrupt exchange scheme. To answer this question, a theoretical analysis is developed that considers the noncoercive incentivea and circumstances necessary for a law enforcement official, assumed averse to criminal risk, to choose a corrupt exchange with organized crime that involves murder. Risk-aversion and the severity of the crime involved are shown to reduce the likelihood of detecting the corruption scheme and murder is shown to be optimal. Corruption schemes involving less risk averse offenders are analyzed and compared.","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"42 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114000409","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
John Elliott’s Contributions to an Understanding of the Inquiry into the “Wealth of Human Potential” 约翰·艾略特对理解“人类潜能财富”探究的贡献
American Review of Political Economy Pub Date : 2004-06-01 DOI: 10.38024/arpe.72
James Dulgeroff
{"title":"John Elliott’s Contributions to an Understanding of the Inquiry into the “Wealth of Human Potential”","authors":"James Dulgeroff","doi":"10.38024/arpe.72","DOIUrl":"https://doi.org/10.38024/arpe.72","url":null,"abstract":"","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"2013 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127327504","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Major Douglas in the Witness Box Sparse Reflections on the Heresies of Social Credit 道格拉斯少校在证人席上对社会信用异端的稀疏反思
American Review of Political Economy Pub Date : 2004-06-01 DOI: 10.38024/arpe.75
Zagros Madjd-Sadjadi, G. G. Preparata
{"title":"Major Douglas in the Witness Box Sparse Reflections on the Heresies of Social Credit","authors":"Zagros Madjd-Sadjadi, G. G. Preparata","doi":"10.38024/arpe.75","DOIUrl":"https://doi.org/10.38024/arpe.75","url":null,"abstract":"Major Douglas and his proposals of social credit belong to a family of phantasms that inhabit recondite library stacks. They owe oblivion to the verdict of history and to their own nature–often, an uncouth admixture of unerring hunches and fallacious patching; yet, because of the recrudescence of ills they sought to redress, such cranks and their bags of reforms have been capable, in the course of two generations, to resist an overwhelming tide of triumphant forecast on the part of capitalist apology, and haunt posterity in the midst of unsolved issues, such as that of money, and the just ways to effect its distribution in a cohesive community. The purpose of the present study is to canvass the monetary tenets of Social Credit, as they were formulated by Douglas and his following before WWII, with a view to inquiring anew into the nature of the medium of exchange, and the fashion in which it shapes economic life. 86 AMERICAN REVIEW OF POLITICAL ECONOMY","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2004-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134219697","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Political Economy of Sub-Saharan Africa Land Policies 撒哈拉以南非洲土地政策的政治经济学
American Review of Political Economy Pub Date : 1900-01-01 DOI: 10.38024/arpe.92
F. Hammond, A. Antwi, D. Proverbs
{"title":"The Political Economy of Sub-Saharan Africa Land Policies","authors":"F. Hammond, A. Antwi, D. Proverbs","doi":"10.38024/arpe.92","DOIUrl":"https://doi.org/10.38024/arpe.92","url":null,"abstract":"The quest for African poverty alleviation has become a global issue and governments of rich nations have registered their commitment to the task both through the Millennium Development Goals and other international programs. While poverty is endemic in Africa, extant policies that continue to dictate proceedings in the land sectors of most African nations have been constructed in a way that concentrate benefits and wealth on a few while spreading costs and poverty on a larger segment of the African population. These policies which continue to impose greater restrictions on poverty alleviation have emanated from the peculiar political and economic history of Africa. An understanding of how these political events continue to shape the performance of land markets in these countries within the context of contemporary economic learning is thus key to understanding the policy directions required for success. This paper thus employs public policy and transaction costs insights to explicate the historical political events that have led to the promulgation of such policies together with a conceptual view of their social cost implications.","PeriodicalId":252052,"journal":{"name":"American Review of Political Economy","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131235148","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
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