The ultimate success of energy initiatives depends in large part on public acceptance. Politicians rarely pass new policies in the face of public opposition, and public policies, even when implemented, seldom succeed if citizens largely flout them. Examples include privatization and deregulation, which, while supported by many economists and policy experts, may face fierce resistance by constit...

China’s one-child policy is one of the most signifi cant, yet controversial, programs of planned fertility. While the focus of the controversy is on the nature of the policy (for example, whether the policy is humane, or whether it violates the basic human rights of individual freedom), the impact of such population control program on China’s educational policy and practices is understudied. Mo...

Article history: Received October 15, 2011 Received in Revised form November, 14, 2011 Accepted 25 February 2012 Available online 10 March 2012 One of the most important concerns in privatization of governmental banks is to see whether there is any change on the performance of the privatized banks or not. The proposed study of this paper performs an empirical investigation on some privatized ba...

We extend the current empirical literature on privatization by exploring the effect of ultimate privatization on the performance of Chinese listed companies. Ultimate privatization is defined as the incidence of transferring the ultimate control of a state-owned company from the government to private owners. Using a sample of 127 Chinese listed companies that have had controlling blocks transfe...

Much of the existing literature on social security has taken the extreme assumption that individuals have little or no altruism; this paper takes an opposite assumption that there is full two-sided altruism. When households insure members that belong to the same family line, privatizing social security can gain public support. In our benchmark model calibrated to the U.S. economy, privatization...