1,933 research outputs found

    Microeconomic Aspects of Economic Growth in Eastern Europe and the Former Soviet Union, 1950-2000

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    The theme of this paper is the microeconomics of economic growth in Central and Eastern Europe (CEE) and the Newly Independent States (NIS) over the period 1950-2000. The key structural change in this region is the end of the socialist regime in 1989 and 1992, and the subsequent attempt at transition to a market economy. We begin the paper with an examination of the key legacies from the socialist period. We then examine the key microeconomic actors in transition economies: households, enterprises, and government officials. Although there are many common processes at work, differences in economic performance tend to coincide with the geographical divide. Legacies play an important part. We also argue that differences in openness also plays an important role in generating different outcomes. These factors, combined with defects in the political and legal system, have given rise to a vicious circle of resistance to reform in the NIS.http://deepblue.lib.umich.edu/bitstream/2027.42/39732/3/wp348.pd

    How is family support related to students' GPA scores? A longitudinal study

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    Previous studies of the influence of family support on college students' academic performance have yielded inconsistent results. Therefore, the present study aimed to examine the link between family support and students' university-level academic performance in a more detailed way. First, we sought to clarify how two distinct aspects of perceived family support-social support and economic support-affect college students' academic performance. Second, we sought to determine how these two aspects of family support influence not only cumulative GPA scores but also the overall trend (slope) and stability (variability) of students' GPA scores across semesters. The participants in this longitudinal study were 240 university students (62 men, 178 women). The results revealed that the level of perceived family social support was important not only as a "main effect" predictor of the magnitude and stability of the students' GPA scores across three successive semesters, but also as a factor that helped female students to succeed regardless of their level of family economic support. In general, the data suggest that family social support is more important to women's success in college than to men's

    A Model of Russia's "Virtual Economy"

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    The Russian Economy has evolved into a hybrid form, a partially monetized quasi-market system that has been called the virtual economy. In the virtual economy, barter and non-monetary transactions play a key role in transferring value from the productive activities to the loss-making sectors of the economy. We show how this transfer takes place, and how it can be consistent with the incentives of economic agents. We analyze a simple partial-equilibrium model of the virtual economy, and show how it might prove an obstacle to industrial restructuring and hence marketizing transition.http://deepblue.lib.umich.edu/bitstream/2027.42/39701/3/wp317.pd

    Stability and Disorder: An Evolutionary Analysis of Russia's Virtual Economy

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    The hybrid system that the Russian transition has evolved into has been called the virtual economy. This paper analyzes the evolution of the virtual economy. We pay particular attention to the interaction of economic reform policies and the adaptive behavior of enterprise directors. We then analyze the implications of the virtual economy for Russia's stability and development, and place the evolution of the virtual economy into the larger international security context.

    Flight 93: Policy Considerations for Emergency Preparedness in Pennsylvania

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    Across the nation, considerable energy and attention have been directed at bioterrorism preparedness and planning, and considerable progress has been made in some critical health-related emergency planning and response areas. However, there is evidence that certain areas of preparedness may be incomplete across the various governmental agencies holding responsibility for emergency response in any states. This Case in Point — the first issue of a new Institute of Politics publication that will contain snapshots of various Commonwealth policy issues and pivotal events—contains a reproduction of Commissioner Pamela Tokar-Ickes’ remarks at the July 8 Institute of Politics forum

    Reputation and the Soft-Budget Constraint

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    We study the role of reputation in dealing with the soft-budget constraint. We examine whether the reputation of a borrower can lead to repayment in an environment where enforcement is weak. We also introduce lenders’ reputation and examine how this impacts on the allocation of borrowers. We find that reputation can harden budget constraint and improve welfare, although it can never fully eliminate softness. We also show that lenders who acquire a reputation for being tough can earn higher profits than lenders with reputations for being soft.

    Microeconomic Aspects of Economic Growth in Eastern Europe and the Former Soviet Union, 1950-2000

    Get PDF
    The theme of this paper is the microeconomics of economic growth in Central and Eastern Europe (CEE) and the Newly Independent States (NIS) over the period 1950-2000. The key structural change in this region is the end of the socialist regime in 1989 and 1992, and the subsequent attempt at transition to a market economy. We begin the paper with an examination of the key legacies from the socialist period. We then examine the key microeconomic actors in transition economies: households, enterprises, and government officials. Although there are many common processes at work, differences in economic performance tend to coincide with the geographical divide. Legacies play an important part. We also argue that differences in openness also plays an important role in generating different outcomes. These factors, combined with defects in the political and legal system, have given rise to a vicious circle of resistance to reform in the NIS.

    Demand behavior and empathic accuracy in observed conflict interactions in couples

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    The study reported in this research note sought to extend the research on motivated empathic accuracy by exploring whether intimate partners who are highly motivated to induce change in their partner during conflicts will be more empathically accurate than partners who are less motivated. In a laboratory experiment, the partners within 26 cohabiting couples were randomly assigned the role of conflict initiator. The partners provided questionnaire data, participated in a videotaped conflict interaction, and completed a video-review task. More blaming behavior was associated with higher levels of empathic accuracy, irrespective of whether one was the conflict initiator or not. The results also showed a two-way interaction indicating that initiators who applied more pressure on their partners to change were less empathically accurate than initiators who applied less pressure, whereas their partners could counter this pressure when they could accurately read the initiator's thoughts and feelings

    Stability and Disorder: An Evolutionary Analysis of Russia's Virtual Economy

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    The hybrid system that the Russian transition has evolved into has been called the virtual economy. This paper analyzes the evolution of the virtual economy. We pay particular attention to the interaction of economic reform policies and the adaptive behavior of enterprise directors. We then analyze the implications of the virtual economy for Russia's stability and development, and place the evolution of the virtual economy into the larger international security context.http://deepblue.lib.umich.edu/bitstream/2027.42/39660/3/wp276.pd
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