The legacies of history? Colonization and immigrant integration in Britain and France

This article scrutinizes the widely held belief that British and French colonial models have influenced each countrys immigrant integration structures. It assesses the core assumptions underlying the argument: that British colonial and integration policies have relied on indirect rule of groups defined by race or ethnicity; and that corresponding French policies have emphasized direct rule and have been highly assimilationist. It demonstrates that the two countries are not as different as often portrayed. It also pinpoints the specific paths through which colonial legacies influenced integration policies, while rejecting the thesis that colonial institutions have broadly informed integration policies in Britain or France. The article thus challenges a series of received ideas, replacing them with a more precise assessment of the relations between the colonial past and the integration present.     

RISK AVERSION RELATES TO COGNITIVE ABILITY: PREFERENCES OR NOISE?

Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we report evidence that this relation may be spurious. We recruit a large subject pool drawn from the general Danish population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able to generate both negative and positive correlations between risk aversion and cognitive ability. Our results suggest that cognitive ability is related to random decision making rather than to risk preferences. (JEL: C81, C91, D12, D81)     

How Do Classes Make Use of Their Incomes?

Against the backdrop of occasional claims by social scientists that class analysis is no longer relevant this article will study the consumption patterns of different classes. Two hypotheses are derived and tested. These are to assume that classes' consumption differences are due to processes of social closure, or are of a cultural kind. This is investigated using a Swedish family expenditure data-set from 1992. The focus is on classes' different uses of their incomes regarding basic expenditures, expenditures on non-durables and ownership of durables. The most striking result is that 'higher' classes tend to spend a great deal of money on activities outside the home, 'appearance' and information, while other classes' consumption resembles the 'higher' classes, to different degrees. Moreover, the class hierarchy, constructed theoretically from employment factors, resembles a hierarchy constructed from similarities in patterns of consumption. The main conclusion is that class matters, in interesting ways, for consumption, though there are also other powerful factors. The closure hypothesis receives support, even though a combination of the two hypotheses seems sound.     

Loan repayment plans as sequences of instalments

Loan repayment can be viewed as a sequence of instalments. Instalments can either fall over time (i.e., repaying more in the beginning and less in the end), rise or stay constant. Three studies investigated whether the well-established preference for improvement (i.e., falling profiles) can also be observed in a loan context. Results show that consumers do prefer falling profiles over rising profiles; however, also a strong preference for constant profiles was found. These preferences for improvement and spreading even outweigh financial benefits. Consumers, hence, may sometimes opt for the financially worse loan option. Financial capability programs could benefit from including information about the perception of sequences.     

Transition secured? A follow-up study of adolescents who have left secure residential care

Many adolescents who make the transition to adulthood experience problems after their departure from secure residential care. Research suggests that these young people are often in need of support after they have left secure care. Little is known about the experiences and perceptions of adolescents during and after this transition. The aim of this article is to assess these experiences for a group of 24 adolescents in the Netherlands that have left secure residential care. The results show, in line with previous studies, that many adolescents experience problems during their transition from secure care, especially with regard to finances, school and employment, and living arrangements. In contrast to other studies, a majority of the adolescents reports to have received support in the year following their departure. Relatively few adolescents move to independence after their departure, which suggests that many adolescents are not ready for making a true transition into adulthood yet.     

Trade Credit and the Propagation of Corporate Failure: An Empirical Analysis

Using an exhaustive data set on claims held by trade creditors (suppliers) on failed trade debtors (customers), we quantify the importance of trade credit chains for the propagation of corporate bankruptcy. We show that trade creditors experience significant trade credit losses due to trade debtor failures and that creditors' bankruptcy risks increase in the size of incurred losses. By exploring the roles of financial constraints and creditor‐debtor dependences, we infer that the trade credit failure propagation mechanism is driven by both credit losses and demand shrinkage. Finally, we show that the documented propagation mechanism constitutes a significant part of the overall bankruptcy frequency, suggesting that it has measurable implications for the aggregate level.     

Migrant and asylum-seeker children returned to Kosovo and Albania: predictive factors for social–emotional wellbeing after return

The return of rejected asylum seekers has a high priority on the national agendas of European States. In order to make well-informed asylum decisions involving children, knowledge of how asylum-seeker children fare after their return to their countries of origin is needed. This study aims to gain knowledge about the child-rearing environment and the social–emotional wellbeing of migrant children who have returned to Kosovo and Albania after a stay in a European host country. Based on a sample of 106 returned families, the study investigated the predictive factors for children’s social–emotional wellbeing using regression analyses. The findings show that procedural characteristics and ethnicity predict wellbeing, mediated through the quality of the child-rearing environment. The most vulnerable children did not have a stable resident status in the host country, belonged to a minority ethnic group and were older adolescents. The findings indicate that the wellbeing of returned children is not only dependent on conditions after repatriation, but also on the conditions which the families left in the host country. To enable sustainable return in a child’s best interests, the needs of vulnerable families and children should be thoroughly assessed prior to return, and reintegration support should be tailored to their situation.     

In search of excellence: a case study of the first excellence initiative of Germany

As higher education policies are often associated with intense public spending, the evaluation and performance measurement of respective initiatives becomes increasingly crucial. An extensive and fruitful strand of literature has dealt with the assessment of university performance, yet mainly focused on point-in-time rather than period-of-time examinations. This study investigates the effects of Germany’s first Excellence Initiative, a political measure aimed at building up world-class universities to be able to compete in the globalizing research world. Relying on both qualitative and quantitative measures, taking into account a 15-year period from 1998 to 2012, we analyze the selection process and how and whether the Excellence Initiative fulfilled its ambitious goals. Our results suggest that not the political initiative per se, i.e. the treatment, but the announcement of the treatment triggered diverging performance paths within the German higher education system, thus positively contributed to augmented research performance of the promoted universities. Based on these findings, we provide policy recommendations and avenues for future research.