TWO-EARNER FAMILIES IN THE HOUSING MARKET

The 1970's has been a period in which three trends have coincided: housing prices have been escalating, wives have continued to enter the labor force, and legislation prohibiting discrimination in mortgage markets on the basis of sex and marital status has been enacted. In this paper, we examine the role of the two-earner family–one in which both husband and wife work–in the housing market of the 1970's, and the interrelation of this household type with other factors shaping the current high demand for housing. We also speculate on the role of the two-earner family in the housing market of the 1980's. We conclude that two-earner families are in a position to increase their housing outlays in the future, that the continued growth in the number of two-earner families will add to future housing demand, but that many two-earner families may be divorced couples of the future. This suggests that, while there will be a strong impact on single-family home demand, there will also be some restructuring of demand toward rental housing and cooperative/condominium ownership.     

The Importance of Status: The US–ROK Alliance Cohesion and the First Korean Nuclear Crisis, 1993–94

The US–ROK alliance during the First Korean Nuclear Crisis provides the most likely case of high alliance cohesion. Curiously, however, instead of dancing to the American tune in their joint management of the Democratic People's Republic of Korea (DPRK) threat, the Republic of Korea (ROK) caused frequent policy collisions – supporting the US–DPRK negotiations at one point and opposing it at another – at the risk of jeopardizing its physical security. The main finding here is that the variations in the South Korean behavior were a function of their experience of status inconsistency. In particular, the ROK became compliant with the US–DPRK talks when it believed that its desired status marker of taking the leadership role in crisis management was within reach, and unyielding otherwise. These fluctuations ended up not only eroding the US–ROK alliance cohesion but also inhibiting a successful resolution of the crisis. All this bears directly on the fundamental question of whether international politics is to be understood in essentially realist terms.     

Revised conodont and fusuline biostratigraphy of the Bamchi Formation (Pyongan Supergroup) at the Bamchi section,Yeongwol and the Carboniferous–Permian boundary in South Korea

Wang, Q., Wang, Y., Qi, Y., Wang, X., Choh, S.J., Lee, D.C. & Lee, D.J., November 2017. Yeongwol and the Carboniferous–Permian boundary in South Korea. Alcheringa 42, 245–258. ISSN 0311-5518

Six conodont and one fusuline zones are recognized on basis of a total of 25 conodont and 13 fusuline species (including seven unidentified species or species given with cf. or aff. in total) from the Bamchi Formation, Yeongwol, Korea. The conodont zones include the Streptognathodus bellus, S. isolatus, S. cristellaris, S. sigmoidalis, S. fusus and S. barskovi zones in ascending order, which can be correlated with the conodont zones spanning the uppermost Gzhelian to Asselian Age of the Permian globally. The fusuline zone is named the Rugosofusulina complicata–Pseudoschwagerina paraborealis zone. The co-occurrence of the conodont Streptognathodus isolatus (the Global Boundary Stratotype Section and Point index for the base of Permian) and Pseudoschwagerina (a Permian inflated fusuline) indicates that the Carboniferous–Permian boundary can be placed in the lower part of the Bamchi Formation in South Korea.

Qiulai Wang* [qlwang@nigpas.ac.cn] CAS Key Laboratory of Economic Stratigraphy and Palaeogeography, Nanjing Institute of Geology and Palaeontology, Chinese Academy of Sciences, East Beijing Road 39, Nanjing 210008, PR China; Yue Wang* [yuewang@nigpas.ac.cn] LPS, Nanjing Institute of Geology and Palaeontology, Chinese Academy of Sciences, East Beijing Road 39, Nanjing 210008, PR China; Yuping Qi* [ypqi@nigpas.ac.cn] Xiangdong Wang* [xdwang@nigpas.ac.cn] CAS Key Laboratory of Economic Stratigraphy and Palaeogeography, Nanjing Institute of Geology and Palaeontology, Chinese Academy of Sciences, East Beijing Road 39, Nanjing 210008, PR China; Suk-Joo Choh [sjchoh@korea.ac.kr] Department of Earth and Environmental Sciences, Korea University, Seoul 02841, Republic of Korea; Dong-Chan Lee [dclee@chungbuk.ac.kr] Department of Earth Sciences Education, Chungbuk National University, Cheongju 28644, Republic of Korea; Dong-Jin Lee [djlee@andong.ac.kr] Department of Earth and Environmental Sciences, Andong National University, Andong 36729, Republic of Korea. *Also affiliated with: University of Chinese Academy of Sciences, 19A Yuquan Road, Shijingshan District, Beijing 100049, PR China.