Economic Understanding (economic + understanding)

Distribution by Scientific Domains


Selected Abstracts


FISCAL READJUSTMENTS IN THE UNITED STATES: A NONLINEAR TIME-SERIES ANALYSIS

ECONOMIC INQUIRY, Issue 1 2009
ANDREA CIPOLLINI
We analyze the fiscal adjustment process in the United States using a multivariate threshold vector error regression model. The shift from single-equation to multivariate setting adds value both in terms of our economic understanding of the fiscal adjustment process and the forecasting performance of nonlinear models. We find evidence that fiscal authorities intervene to reduce real per capita deficit only when it reaches a certain threshold and that fiscal adjustment takes place primarily by cutting government expenditure. The results of out-of-sample density forecast and probability forecasts suggest that a shift from a univariate autoregressive model to a multivariate model improves forecast performance. (JEL C32, C53, E62) [source]


Beyond corporatism: A configurational theory of policy concertation

EUROPEAN JOURNAL OF POLITICAL RESEARCH, Issue 6 2003
Hugh Compston
Policy concertation (defined as making policy by means of agreements struck between government officials and representatives of employer associations and trade unions) is a major policy style in Western Europe. This article seeks to explain the political dynamics of policy concertation in terms of the varying configurations of three variables: perceived problems, the degree of shared economic understanding among the participants and the perceived implementation capacity of the participants. It is found that the incidence of broad policy concertation over the twentieth century in nine West European countries can be explained almost completely in terms of this configurational theory. [source]


Subcultures and sustainability practices: the impact on understanding corporate sustainability

BUSINESS STRATEGY AND THE ENVIRONMENT, Issue 7 2009
Martina K. Linnenluecke
Abstract In this paper we present findings of how employees from a single organization understand corporate sustainability. Responses from 255 survey participants indicate (1) that differences exist in how employees understand corporate sustainability and (2) that these differences can be partially explained by the presence of organizational subcultures and by differences in employee awareness of the organization's sustainability practices. In particular, findings reveal that employees from a subculture with a stronger emphasis on hierarchical and bureaucratic values emphasize an economic understanding of corporate sustainability. Implications for research and practice are discussed. Copyright © 2007 John Wiley & Sons, Ltd and ERP Environment. [source]


Repeat Teenage Pregnancy in Two Cultures,The Meanings Ascribed by Teenagers

CHILDREN & SOCIETY, Issue 3 2010
Jean Clarke
This qualitative study charts the views, feelings and experiences of two diverse, yet in many ways similar, groups of respondents from two cultures , one group of 26 respondents from the Caribbean islands of Jamaica and Barbados and the other group of 26 respondents from London, who have experienced repeat teenage pregnancies. The study uses a comparative approach to provide a psychosocial, emotional and economic understanding of the factors, which lead to repeat pregnancies. This study cautions against an over reliance on a mechanistic understanding and management of both single and repeat teenage pregnancies, and emphasises the fact that economic, social, psychological and emotional processes are also crucial to our understanding of repeat teenage pregnancies. [source]