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We develop a simple dynamic model of policy reform that captures some of the determinants that underlie the differences between the reform paths taken by a number of countries since the early 1990s. The model focuses on the interaction between domestic institutions and international organizations that promote reform, on the one hand, and the political incentives for reversing reforms, on the other. At equilibrium, there are three types of reform paths. A country can undergo a full-scale, lasting reform, can carry out a partial but lasting reform, or can go through cycles of reforms and costly counter-reforms. Domestic institutions, along with the incentives provided by international organizations, determine the equilibrium path. A politically myopic international organization may induce cycles of reforms and costly counter-reforms, thereby reducing the country's well-being. An international organization that only provides funds to promote reforms may have a less beneficial effect than one that assists the country with fresh funds to defend reforms when there is a risk of reversal. International funds that promote reforms can also influence domestic institutions. For example, due to the intervention of an international organization, countries could have incentives to dismantle institutions that build up reversal cost and/or do not fully build their fiscal capacity.

This article introduces the Marketing Science Special Issue on Consumer Protection. This special issue and an accompanying conference were conceived as a partnership with the U.S. Federal Trade Commission. We outline the potential areas and opportunities for academic scholarship in marketing to inform regulation on consumer protection. We group the areas of potential research and the papers in the special issue into three broad buckets: (1) what consumers need protection from, especially the need for regulations in new industries; (2) the impact of existing regulations; and (3) the distributional impact of regulations. The article concludes with a call for ongoing policy-relevant research on consumer protection.

NSF award funds collaboration between scholars at the University of Maryland and the University of Pennsylvania to study the effects of supply-side and demand-side policies

Hofferth and colleagues help make time use data readily accessible

Joan Kahn, University of Maryland, et al.; 2015-003

The Apprenticeship-to-Work Transition: Experimental Evidence from Ghana

Bootstraps of Oppression: A Theoretical Framework of Structural Inequality in Policy Decision Making

Counting Families, Counting Race: Assessing “Visible” Family Structural Change among Multiracial Families

U.S. State Policy Contexts and the Risk of Death among Working-Age Adults

Intergenerational Educational Mobility Among Mexican Americans