Asymptotic Representations of the Multivariate Empirical Distribution Function and Applications

Often, many complicated statistics used as estimators or test statistics take the form of the (multivariate) empirical distribution function evaluated at a random vector (V_n). Denote such statistics by S_n. This paper describes methods for the study of various asymptotic properties of S_n. First, under minimal assumptions, a weak asymptotic representation for S_n is derived. This result may be used to show the asymptotic normality of S_n. Second, under slightly more stringent regularity conditions, an almost sure representation of S_n, with suitable order (as.) of the remainder term is studied and then a law of the iterated logarithm for S_n, is derived. In this context, strong convergence results from a sequential point of view are also studied. Finally, weak convergence to a Brownian motion process is established. As an application, we show the limiting normality of S_n, for a random number of summands.     

The sample census of population in Poland, 1949

In this note the author describes the sample census of Poland that was taken after the end of the war. He explains the method by which the sample was selected and the type of information that can be obtained from it.     

Stochastic orders and non-Gaussian risk factor models

The main results of this paper are monotonicity statements about the risk measures value-at-risk (VaR) and tail value-at-risk (TVaR) with respect to the parameters of single and multi risk factor models, which are standard models for the quantification of credit and insurance risk. In the context of single risk factor models, non-Gaussian distributed latent risk factors are allowed. It is shown that the TVaR increases with increasing claim amounts, probabilities of claims and correlations, whereas the VaR is in general not monotone in the correlation parameters. To compare the aggregated risks arising from single and multi risk factor models, the usual stochastic order and the increasing convex order are used in this paper, since these stochastic orders can be interpreted as being induced by the VaR-concept and the TVaR-concept, respectively. To derive monotonicity statements about these risk measures, properties of several further stochastic orders are used and their relation to the usual stochastic order and to the increasing convex order are applied.     

The meaning of nonprofit advocacy: An ordonomic perspective

Orthodox economic theories of the nonprofit sector are focused on its service delivery role but have little to say about nonprofit advocacy. This study explains nonprofit advocacy by building upon the ordonomic approach, a recently developed strand of institutional economics that explores the interdependencies between institutions and ideas. From the ordonomic perspective, the evolution of a modern society occurs through an ongoing realignment between institutions and ideas. The meaning of nonprofit advocacy is shown to be in contributing to this realignment. This leads to a new understanding of the service delivery role of the nonprofit sector. This role is shown to have a compensatory character in that it is intended to maintain a reasonable quality of human life before the time-consuming ideational and institutional adjustments actually take place.     

The Changing Space for NGOs: Civil Society in Authoritarian and Hybrid Regimes

In this introductory essay to the special issue on civil society in authoritarian and hybrid regimes, we review core themes in the growing literature on shrinking or closing space for civil society. We discuss the role of civil society organizations (CSOs) as agents of democratization and note the emergence of dual, at times apparently conflicting policy postures within authoritarian regimes (restriction and repression for some CSOs vs. financial support and opportunities for collaboration for others). We posit that different conceptual perspectives applied to civil society can help account for the duality of authoritarian postures and examine repercussions for three key subgroups of CSOs: claims-making (or advocacy) NGOs, nonprofit service providers and regime-loyal NGOs supporting often populist and nationalist discourses.

     

Authentic leadership and leaders' mental well-being: An experience sampling study

Research on authentic leadership has yielded important insights about its effects on subordinates. However, its consequences for the leaders themselves remain largely unexamined. This is problematic, as organizations require their leaders to provide guidance and leaders' mental well-being is a prerequisite for this. Drawing on the theories of ego-depletion and authentic leadership, we investigate the role of authentic leadership in predicting leaders' mental well-being. In an experience sampling study, we apply hierarchical linear modeling to analyze 396 observations from 44 executives. Our multilevel moderated mediation analyses reveal that authentic leadership reduces leaders' stress and increases their work engagement and that these effects are mediated by leader mental depletion. Moreover, we show that the indirect effects are contingent on the extent to which leaders interact with their subordinates: authentic leaders deplete less with increasing follower interaction, while inauthentic leaders deplete less with decreasing follower interaction.     

International work experience and compensation: Is more always better for CFOs?

The CFO is increasingly considered the second most important executive in the firm after the CEO. Still, little is known about the factors that determine CFOs' compensation. Recently, it has often been claimed that, in MNCs, CFOs should have international work experience. But is a CFO's international work experience also reflected in his or her compensation? We combine human capital and social capital perspectives to account for both the upside and the downside of international work experience. We suggest that working abroad provides CFOs with valuable knowledge and skills which increase compensation; however, staying abroad for too long has an adverse effect due to losses in social network ties. We thus propose an inverted U-shaped relationship between CFOs' international work experience and their compensation. Furthermore, we suggest that this relationship is contingent on the characteristics of the CEO. In testing our hypotheses on a sample of the largest MNCs in Europe, we find support for the proposed relationships. Our study contributes to the literature on top management characteristics and executive compensation, specifically by providing a comprehensive understanding of how and when international work experience pays off for CFOs.     

Orphanhood and Human Capital Destruction: Is There Persistence into Adulthood?

This article presents unique evidence that orphanhood matters in the long run for health and education outcomes in a region of northwestern Tanzania. We study a sample of 718 non-orphaned children surveyed in 1991–1994 who were traced and reinterviewed as adults in 2004. A large proportion, 19%, lost one or more parents before age 15 in this period, allowing us to assess permanent health and education impacts of orphanhood. In the analysis, we control for a wide range of child and adult characteristics before orphanhood, as well as community fixed effects. We find that maternal orphanhood has a permanent adverse impact of 2 cm of final height attainment and one year of educational attainment. Expressing welfare in terms of consumption expenditure, the result is a gap of 8.5% compared with similar children whose mothers survived until at least their 15th birthday.     

Psychometric Evaluation of the Tagalog and German Subjective Happiness Scales and a Cross-Cultural Comparison

The Subjective Happiness Scale (SHS) has recently been developed as a more complete measure for the assessment of molar subjective happiness. In the present study, we report on the translation and validation of German and Tagalog versions of the SHS and conduct an initial cross-cultural examination of subjective happiness. In Study 1, 960 participants in Austria completed a German version of the SHS, which showed a unidimensional structure, good internal consistency, and good convergent validity with other measures of subjective well-being. In Study 2, 182 participants in the Philippines completed a Tagalog version of the scale, which likewise had a unidimensional structure, high internal consistency, and good convergent validity. Finally, the results of Study 3 indicate that there were significant cross-cultural differences in subjective happiness. Specifically, participants in individualist Austria and Britain had higher SHS scores than their counterparts in collectivist Malaysia and the Philippines. Limitations of these studies are discussed.