Money velocity. Wow. I can’t believe I just learned about this, and I suspect that political scientists and political economists are–once again–way off in their data choices. Several of my own past projects would benefit from redoing the analysis with money velocity rather than GNP, etc.
Science 2.0 sounds a whole lot like epidemiology, political science, sociology, and–egad!–anthropology. *eye roll*
I have posted the PowerPoint file Nils Ringe and I presented in New Orleans at the 2007 Southern Political Science Association conference. The presentation–titled Refining and Redefining the Second-Order Election Model: Protest or Pure Preference Voting in Central and Eastern Europe–may be difficult to follow, especially if you are not familiar with the second-order election model (SOEM) or our earlier research.
As you can read on my Projects page, this research is a follow-up effort to our earlier work that finds the SOEM does not hold well in eastern and central Europe. Unfortunately, we are having a data and small-n problem, which is leading us to have little to report. The project is on hold at least until later this year.