Darling–Erdős limit results for change-point detection in panel data

We wish to test the null hypothesis if the means of N panels remain the same during the observation period of length T. A quasi-likelihood argument leads to self-normalized statistics whose limit distribution under the null hypothesis is double exponential. The main results are derived assuming that the each panel is based on independent observations and then extended to linear processes. The proofs are based on an approximation of the sum of squared CUSUM processes using the Skorokhod embedding scheme. A simulation study illustrates that our results can be used in case of small and moderate N and T. We apply our results to detect change in the “corruption index”.     

Long memory stochastic volatility : A bayesian approach

We propose a simulation-based Bayesian approach to the analysis of long memory stochastic volatility models, stationary and nonstationary. The main tool used to reduce the likelihood function to a tractable form is an approximate state-space representation of the model, A data set of stock market returns is analyzed with the proposed method. The approach taken here allows a quantitative assessment of the empirical evidence in favor of the stationarity, or nonstationarity, of the instantaneous volatility of the data.     

Optimal designs for experiments with mixtures: a survey

This is a survey article on known results about analytic solutions and numerical solutions of optimal designs for various regression models for experiments with mixtures. The regression models include polynomial models, models containing homogeneous functions, models containing inverse terms and ratios, log contrast models, models with quantitative variables, and mod els containing the amount of mixture, Optimality criteria considered include D-, A-, E-,φ_p- and I_λ-Optimalities. Uniform design and uniform optimal design for mixture components, and efficiencies of the {q,2} simplex-controid design are briefly discussed.     

Generational conflict and provisions for the elderly in Hong Kong: The relevance of position‐based interest and values

Respect for the elderly and hence the associated rights support a generational contract. Nevertheless, the case of the recent debate on the universal retirement scheme in Hong Kong has raised concerns about its strength. We identify relevant items from the sixth wave of the World Values Survey to explore the orientations of different generations toward others. The analysis shows differences between younger and older generations. Regression analyses show that values are not significant in explaining the differences, but various positions, including sex, marital status, and education, and perceptions of the elderly are relevant. Such differences across generations might weaken the generational contract and potentially engender conflicts as shown in the recent debate about the retirement scheme. We suggest short‐ and long‐term interest calculations, informed by their positions, play a more significant role in policy discussions and decisions, rather than simply appealing to values.     

Corporate governance and performance of microfinance institutions: recent global evidences

Journal of Management and Governance - Using a global data set of 456 MFIs, this study investigates whether a MFI’s ownership structure and corporate governance influences its social...     

Examining risk and protective factors on progression of romantic relational aggression among young adults: Parental control,parental care,and peer social support

Abstract

Romantic relational aggression is related to numerous mental health consequences but risk and protective factors of perpetrating this type of aggression, historically, have been unclear. This study fills in the research gap by evaluating the impact of parental control, parental care, and peer social support on later perpetration in romantic relational aggression among 84 predominately Chinese college students. Results revealed the positive association between parental control and perpetration in romantic relational aggression, however, this association diminished in the presence of high peer social support (HSS). Despite insignificance in the main effect, parental care was negatively correlated with later perpetration in romantic relationship in the HSS group while a positive association was found in the low peer social support (LSS) group. These highlights provided evidences how parental control and parental care during childhood could be risk factors for later romantic relational aggression as well as how current social support from peer could serve as a protective factor on the negative influence from parent–child relationships.     

Investigating the differential mobility experiences of Chinese cross-border students

Recent migration studies have adopted the lens of mobility to examine the stratifying effects of border policies, but few investigate the differential mobility of migrant families and children. This paper aims to contribute to the migration literature by considering the interplay between border policies, family configurations, and differential mobility. We apply the lens of differential mobility to the experiences of Chinese cross-border pupils – young child migrants with Hong Kong permanent residency who reside in Shenzhen, China, and cross the border to attend school. We begin by describing shifts in Hong Kong’s border and immigration policies since 1997, which have created a typology of families differentiated by mixed status, citizenship rights, and mobility. We then turn to four case studies of students with unequal border-crossing experiences to elucidate how border control constrains or promotes family mobility and perpetuates inequalities.     

Dynamic capabilities and high-tech entrepreneurial ventures’ performance in the aftermath of an environmental jolt

This paper contributes to studies on dynamic capabilities (DCs) by showing that a neglected environmental contingency – i.e. the occurrence of a jolt – shapes the DCs–performance relationship. We focus on high-tech entrepreneurial ventures because these are the firms that jolts affect most; in so doing, we also advance the understanding of DCs in the entrepreneurship field. We argue that, in the aftermath of an environmental jolt, the high-tech entrepreneurial ventures that use internationalization and new product development capabilities to modify their resource configuration and regain environmental fit enjoy better performance. Econometric estimates on a sample of 340 Italian high-tech entrepreneurial ventures confronting the consequences of the global economic crisis that began in 2008 confirm that separately using these two DCs has a positive performance effect. This effect is stronger for relatively smaller ventures. Interestingly, despite synergies should arise from the combined use of the two DCs, we do not detect any superadditive effects.     

Family size and educational attainment in England and Wales

In this paper, we use linked census data from England and Wales to investigate whether having a large number of siblings leads to lower educational attainment. There is a large literature suggesting that with large sibship size, parental resources will be diluted and this, in turn, will lead to lower educational attainment. Using twin births and the sex composition of the sibling group as instrumental variables, we find that the evidence of a family size effect on educational attainment is rather uncertain. Similar results are obtained when we use occupational attainment as the dependent variable. We also demonstrate the confounding of birth order and family size effects, and show that an adjusted birth order index proposed by Booth and Kee provides an effective solution to this estimation problem.     

Vegetation on and around large-scale buildings positively influences native tropical bird abundance and bird species richness

High population growth in the tropics is driving urbanisation, removing diverse natural ecosystems. This is causing native species to suffer while introduced synanthropes flourish. City planners are developing urban greenspace networks, in part trying to address this issue. Architects contribute to these greenspace networks by designing elevated and ground level green spaces on large-scale buildings. However, little evidence is available on whether building green spaces support native fauna. This is true for birds in tropical Singapore that support important ecosystem services and have existence value. Therefore, in this study, we conducted bird surveys and statistical analyses to determine, if and how vegetation on three building green space types (ground gardens, roof gardens and green walls) have a positive impact on native or introduced bird species. We found that elevated greenery (roof gardens and green walls) on large-scale buildings supported a higher richness of birds and abundance of urban native birds than control roofs and walls without vegetation. Ground gardens supported similar levels of native species as roof gardens but also a larger proportion of generalist synanthropes. However, we found no tropical forest habitat specialists across any space type. Therefore, we recommend roof gardens and ground gardens as a potential space for urban natives outside of a less competitive ground-level urban environment. Our study also found certain building design elements (height of elevated space, presence of specific plants) supported different species groups. Therefore, we suggest that these ecological requirements for different species groups are considered when designing a building’s green space.