A cross-country panel analysis of currency substitution and trade

Attention that has been directed toward the effect of trade on foreigner's holdings of domestic currency comes exclusively from time-series evidence. Here we extend a model of currency substitution that incorporates a trade motive for foreigners to hold domestic currency. It uses time-series and cross-sectional information for a panel of 17 industrialized countries testing two-way fixed-effects models against pooled and random-effects alternatives. The cross-sectional information is significant, revealing that pooling of data could result in misleading inferences, since country-specific effects, regional group effects, and distance are all important determinants of domestic currency holding by foreigners.     

Divorce and the business cycle: a cross-country analysis

In this paper, we examine the role of the business cycle in divorce. To do so, we use a panel of 29 European countries covering the period from 1991 to 2012. We find the unemployment rate negatively affects the divorce rate, pointing to a pro-cyclical evolution of the divorce rate, even after controlling for socio-economic variables and unobservable characteristics that can vary by country, and/or over time. Results indicate that a one-percentage-point increase in the unemployment rate involves almost 0.025 fewer divorces per thousand inhabitants. The impact is small, representing around 1.2 % of the average divorce rate in Europe during the period considered. Supplementary analysis, developed to explore a possible non-linear pattern, confirms a negative relationship between unemployment and divorce in European countries, with the inverse relationship being more pronounced in those countries with higher divorce rates.     

The impact of socio-economic factors on political instability: A cross-country analysis

We argue that political instability is a good indicator of disturbances in development. Moreover we argue that the causality between the political instability and the economic growth is often mistaken to run from instability to growth. Thus we tested the hypothesis that political instability is dependent on economic growth and its underlying economic and social determinants, as well as the nature of the political system present in the country. 122 countries were considered in our study in the period between 1960 and 1988. Our results confirmed that several socio-economic factors including income growth rate, initial income level, and the nature of political regime affect political instability.     

Economic analysis of volunteers’ motivations—A cross-country study

While some core theories on volunteer labor supply decisions can be found in the economic literature, little efforts were made so far to operationalize these models and verify their implications in an empirical context. This paper aims at narrowing the research gap between the theoretical economic literature on volunteer motivations and the empirically observed motivations for volunteer labor supply. A common indicator ‘voluntary contributions by others’ linking the theories of public goods, private consumption and investment has been identified and examined on the basis of structural equation modeling and regression analysis. Using representative micro data collected for volunteers in Bangladesh, Ghana, Poland and South Korea, the paper finds that this indicator significantly influences an individual's motivation. Particularly, observed findings are in accordance with theoretical predictions.     

Understanding the typologies of child subjective well-being: A cross-country comparison

Comparative international studies on children's happiness and life satisfaction using child-centric measures are gathering much interest. The aim of this exploratory study is to expand the literature in this area by examining the typologies of children's well-being across various domains of their lives. The present study utilizes data from ten countries that participated in the first wave of the International Survey of Child Well-Being (ISCWeB). Latent Profile Analysis was utilized to identify the latent classes extracted from the Personal Well-being Index—School Children (PWI-SC). We then examined how children's overall life satisfaction and happiness differ across classes using ANOVA. We found the 6-class model to be the best fitting model. Children were identified to be in classes entitled, “high satisfaction overall,” “high overall satisfaction but low satisfaction for outside activity” “medium satisfaction overall,” “low satisfaction with health and safety,” “high satisfaction with health and low satisfaction with safety and ability,” and “low overall satisfaction.” Findings from ANOVA analysis suggest that classes significantly differ in terms of their overall life satisfaction and happiness. The implications of the study findings are discussed.     

Labor market flexibility: An index approach to cross-country comparisons

Recently, researchers have used measures of economic freedom (Gwartney and Lawson, 2002) to quantify the relationship between various institutional factors and measures of economic performance. Using a subset of these data, we develop a labor market flexibility index. This measure should be useful to researchers who study labor market performance among countries.     

Experience of technological and natural disasters and their impact on the perceived risk of nuclear accidents after the Fukushima nuclear disaster in Japan 2011: A cross-country analysis

This paper uses cross-country data compiled immediately after the Fukushima nuclear accident to investigate how the experience of such disasters affects the perception of the risk of nuclear accidents. Estimation results show that the perceived risk of a nuclear accident is positively associated with experiencing technological disasters but not with that of natural disasters.     

The Luxembourg Wealth Study – A cross-country comparable database for household wealth research

The paper describes the Luxembourg Wealth Study (LWS), an international project launched in 2003 by the Luxembourg Income Study and by institutions from Canada, Cyprus, Finland, Germany, Italy, Norway, Sweden, the United Kingdom, and the United States. The aim of the project is to assemble and to harmonise existing micro-data on household wealth, in order to provide a sounder basis for comparative research on household net worth, portfolio composition, and wealth distributions.Eva Sierminska is the LWS project co-ordinator, Andrea Brandolini and Timothy Smeeding are the LWS project leaders. Further information on the LWS project is available at .     

Auctions and fair division games - a cross-country bidding experiment

This paper presents the results of experiments carried out in two countries, Bulgaria and Germany, with different allocation rules (first- vs. second-price - auction vs. fair division game). The data analysis of the sealed-bid, private value-contests compares the bid functions, some features of the bidding behavior as well as the efficiency rates and the price expectations in both countries. The main results obtained in Germany were replicated by the Bulgarian participants.¹     

U.S. unionism and R&D investment: Evidence from a simple cross-country test

This paper implements Freeman’s suggestion that insights into the effect of U.S. unionism on R&D investment may be obtained by correlating U.S. union density by industry with R&D investment by industry in another country, here Germany.     

Exchange rate regimes and the cross-country distribution of the 1997 financial crisis

We study variations in the severity of the 1997 financial crisis in a sample of 25 developing countries. We use both currency depreciation and stock market returns as crisis measures. Our key findings are that countries that started 1997 with an exchange rate peg experienced significantly greater currency depreciation and significantly lower stock returns than would be predicted from the levels of various macroeconomic indicators.     

Development-based public procurement policies: a selective survey of literature,cross-country policy experience and the Turkish experience

Technological gap (Posner, 1961) is a critical determinant of income gap between developing and developed nations. Public authorities in developing countries are preoccupied with developing and implementing policies to increase per capita income. Public procurement of machinery and other manufactured products can be utilized by public authorities to foster technological development with a view to close the technology and income gap with richer nations. Such “development-based public procurement” (DBPP) policies are considered by developed economies as well (Yülek and Tiryakio?lu 2013 Yülek, M., and M. Tiryakio?lu. 2013. “Kalk?nma Temelli Kamu Al?m? Politikalar?: Politika Deneyimleri ve Literatürden Seçilmi? Örnekler.” Third Turkish Industrial Council Conference, 20–22 November 2013, Congresium, Ankara-Turkey. [Google Scholar]; Taylor and Yülek 2014 Taylor, T., and M. Yülek. 2014. “Can Governments Leverage Procurement to Foster Development? Evidence and Projections from Public Sector Expenditures in Turkey.” Journal of International Finance Studies 14(1): 69–87. [Google Scholar]) to further their technological development. This article presents a selective literature survey of academic research and policy experience on public procurement policies utilized to foster technological development and examine a country case study on Turkey.     

Interprofessional collaboration between residential child care and mental care practitioners: a cross-country study in six European countries

ABSTRACT

The severe mental health problems of many of the young people living in residential settings pose a great challenge and demand on child protection and mental care (MC) services. Drawing on comparative research and debates from six European countries, this study examines demands for integrated care and interprofessional collaboration practices between residential child care (RCC) and MC. In this article, research data will be brought together from Denmark, Finland, Germany, Lithuania, the UK (Scotland) and Spain. In total, 61 practitioners from RCC and MC were interviewed. Given the complexity of the residential care service context and service system differences across national contexts, the original hypothesis was that this would differentiate the collaboration practices. However, the similarity between the countries is greater than anticipated. The concluding findings are organised by matrix technique into a content-analytic summary table. The main finding was that in spite of encouragement for integrated RCC, obstacles for collaboration and lack of coordination between systems remain, often related to understanding the professional role and tasks, lack of shared knowledge, attitudes and ways of communication. One significant finding in the cross-country comparison was the evident and unrealistic expectations for the ‘other’ provider to help and care.     

Methodological and conceptual issues confronting a cross-country Delphi study of educational program evaluation

Although the Delphi is widely used, research on certain methodological issues is somewhat limited. After a brief introduction to the strengths, limitations, and methodological challenges of the technique, we share our experiences (as well as problems encountered) with an electronic Delphi of educational program evaluation (EPE) in the Asia-Pacific region. The study is described followed by a discussion of the difficulties in participant recruitment and selection, sample size, instrumentation, data collection and analysis and attempts to resolve them. Some of these problems are generic to the Delphi whereas others related to the specifics of the investigation. What we learned should be useful for future Delphis with a similar focus.     

Social participation and charitable giving: A multivariate analysis

Despite an abundance of survey data on charitable giving, researchers have not analysed these data asking the kinds of theoretical questions and employing the kinds of multivariate statistical techniques that would advance our understanding of the social processes leading to charitable behaviour. This article reports the authors' first findings from their continuing efforts to develop and test such a multivariate causal model of the social, demographic, economic and motivational determinants of individual charitable giving. The first section outlines ouridentification theory of charitable giving. In the second section we discuss the data and how we operationalise our variables. The third section examines whether there is broad quantitative support for major tenets of the model developed if applied at the household level. In the fourth section we enquire about which factors are most strongly related to giving behaviour. We conclude with a discussion about the centrality of communities of participation for inducing charitable giving and about the practical implications for fundraising. An earlier version of this article was prepared for presentation at the annual conference of the Association for Research on Nonprofit Organizations and Voluntary Action, Berkeley, October 1994. The authors are grateful to the T. B. Murphy Charitable Trust, the Lilly Endowment and the Indiana University Center on Philanthropy for their support of this research. We are also grateful to Virginia A. Hodgkinson and Stephen M. Noga for providing data from theSurvey of Giving and Volunteering and for sharing their expertise. Finally, we wish to thank the Editor ofVoluntas and three anonymous reviewers for their careful and constructive suggestions.     

The effect of aging on pacing strategies of cross-country skiers and the role of performance level

Background

The participation of master cross-country (XC) skiers in training and competition has increased during the last decades; however, little is known yet about whether these athletes differ from their younger counterparts in aspects of performance such as pacing. Therefore, the aim of the present study was to examine the combined effect of age and performance (race time) on pacing in cross-country (XC) skiing. We analyzed all finishers (n?=?79,722) in ‘Vasaloppet’ from 2012 to 2017, the largest cross-country skiing race in the world, classified according to their race time into 10 groups: 3-4 h, 4-5 h, ..., 12-13 h.

Results

A trivial main effect of sex on total pace range was observed (p?<?0.001, η²?=?0.002), where women (44.1?±?10.2%) had larger total pace range than men (40.9?±?11.8%). A large main effect of performance group on total pace range was shown (p?<?0.001, η²?=?0.160), where the smallest total pace range was 21.8?±?1.9% (3-4 h group) and the largest 50.1?±?9.9% (10-11 h group). A trivial sex×performance group interaction on total pace range was found (p?<?0.001, η²?=?0.001) with the largest sex difference in pacing shown in 9-10 h group. A trivial and small main effect of age was found in women (p?<?0.001, η²?=?0.005) and men (p?<?0.001, η²?=?0.011), respectively, where the masters had smaller total pace range than their younger counterparts. A trivial age group×performance group interaction on total pace range was observed in both women (p?<?0.001, η²?=?0.008) and men (p?<?0.001, η²?=?0.006) with smaller differences among age groups in the faster performance groups.

Conclusions

In summary, master XC skiers adopted a relatively even pacing independently from their race time and the differences in pacing from the younger XC skiers were more pronounced in the slower masters. These findings suggest that exercise attenuates the decline of performance in master XC skiers as shown by the similar pacing strategies between fast master XC skiers and their younger counterparts.

     

Involuntary celibacy: A life course analysis

Using a life course perspective, we explored the development and maintenance of involuntary celibacy for 82 respondents recruited over the I'nternet. Data were collected using an open‐ended electronic questionnaire. Modified grounded theory analysis yielded three groups of involuntary celibates, persons desiring to have sex but unable to find partners. Virgins were those who had never had sex, singles had sex in the past but were unable to establish current sexual relationships, and part‐nereds were currently in sexless relationships. These groups differed on dating experiences, the circumstances surrounding their celibacy, barriers to sexual activity, and the perceived likelihood of becoming sexually active. They were similar, however, in their negative reactions to celibacy. Pervasive in our respondents’ accounts was the theme of becoming and remaining off time in making normative sexual transitions, which in turn perpetuated a celibate life course or trajectory.