Estimation and Properties of a Time-Varying EGARCH(1,1) in Mean Model

Time-varying GARCH-M models are commonly employed in econometrics and financial economics. Yet the recursive nature of the conditional variance makes likelihood analysis of these models computationally infeasible. This article outlines the issues and suggests to employ a Markov chain Monte Carlo algorithm which allows the calculation of a classical estimator via the simulated EM algorithm or a simulated Bayesian solution in only O(T) computational operations, where T is the sample size. Furthermore, the theoretical dynamic properties of a time-varying-parameter EGARCH(1,1)-M are derived. We discuss them and apply the suggested Bayesian estimation to three major stock markets.     

Support,social networks and the family in Portugal: two decades of research

This article presents two major surveys, carried out in Portugal, on the inclusion of families and individuals in social networks of support and affinity. The first, dating from 1999, sought comprehensively to reconstruct families' social networks by mapping effective support relations. The second survey, fielded in 2009–10, followed a family configuration perspective which sought to reconstruct individuals' networks of close relationships, and the issue of informal support only arose as providing further insight into the characteristics of personal networks. Both surveys will be analysed from a comparative perspective which, while stressing their different but connected conceptual orientations, compares each one's methodological strategies and operationalization procedures. Finally, the main results of each survey are outlined, leading to a brief discussion of the ways in which the two surveys complement each other.     

From social workers to socio-therapists: the transformative journey of substance abuse therapists

ABSTRACT

The efficiency of interventions in addiction is associated with the processes of practitioners’ professional development. Identity formation is studied extensively for clinical professions but little research focuses on social workers working in addiction settings. This study examined the experience of social workers working in a community treatment network in Greece. Fifteen interviews were conducted with 11 women and 4 men, ranging between 29 and 47 years οf age, who worked in different centers within the network. Data were analyzed following the guidelines of Interpretative Phenomenological Analysis, offering in-depth examinations of people’s lived experience. The results delineate a series of transformations in professional identity comprising a process of biographization. The participants highlighted intrapersonal and relational factors that influence this process which leads to self-understanding and engagement with the therapeutic community. The results contribute to deciphering the factors that influence social workers’ experience in their professional identity formation in substance abuse treatment contexts.     

The effect of education on cognitive ability

This paper analyzes whether schooling increases intelligence measured by intelligence quotient (IQ). We use a longitudinal dataset where the individuals have conducted IQ tests both at ages 10 and 20. We estimate the effect of schooling on IQ at age 20 conditional on IQ at age 10 and other measures of early cognitive ability to account for selection into noncompulsory schooling. Ordinary least squares estimates indicate that 1 year of schooling increases IQ by 2.9–3.5 points (about 0.2 SD deviations), and instrumental variables estimates are similar.     

The Educated Russian's Curse: Returns to Education in the Russian Federation during the 1990s

Abstract. This paper uses a representative sample of the Russian Federation, the Russian Longitudinal Monitoring Survey, to estimate the returns to education in this ex‐communist country. We tackle this classic issue in labor economics with the realistic expectation of obtaining results for Russia comparable in quality and reliability to those available in developed countries and other economies in transition. Using standard regression techniques we find that the returns to education in Russia are quite low compared with those reported in the literature on countries throughout the world, in almost no specification reaching higher than 5 per cent. Moreover, there is virtually no improvement in returns to education in the 1992–99 period, a result somewhat at odds with other studies using Russian data from similar time periods. When we instrument our main regressor using policy experiments from the 1960s, we find comparable results. We also perform a selectivity correction and discover even lower returns to education for men, although they become slightly higher for women. Additionally, we find extremely low returns to tenure, which can even become negative in certain specifications.     

Let's stay close: An examination of the effects of imagined contact on behavior toward children with disability

In line with current developments in indirect intergroup contact literature, we conducted a field study using the imagined contact paradigm among high-status (Italian children) and low-status (children with foreign origins) group members (N = 122; 53 females, mean age = 7.52 years). The experiment aimed to improve attitudes and behavior toward a different low-status group, children with disability. To assess behavior, we focused on an objective measure that captures the physical distance between participants and a child with disability over the course of a five-minute interaction (i.e., while playing together). Results from a 3-week intervention revealed that in the case of high-status children imagined contact, relative to a no-intervention control condition, improved outgroup attitudes and behavior, and strengthened helping and contact intentions. These effects however did not emerge among low-status children. The results are discussed in the context of intergroup contact literature, with emphasis on the implications of imagined contact for educational settings.     

Predictors of parenting stress in portuguese adolescents' adoptive parents

Parenting stress is related to the characteristics of both the child and the parents, as well as to parent–child interactions. In adoptive families, parenting stress has been identified as an indicator of the family's adjustment to adoption. The stress experienced by parents of adopted adolescents deserves special consideration, as adolescence is a critical period in the adoptees' developmental pathway. The present study aims to identify the adoptee, parents and family related predictors of the adoptive parents' parenting stress, exploring direct and indirect effects. Fifty Portuguese adolescents' adoptive parents participated in this study. Parenting stress was measured by the Stress Index for Parents of Adolescents, and the Strengths and Difficulties Questionnaire was used to evaluate the adoptees' (mal)adjustment, according to the parents' perspective. Variables related to the parents' experience of adoption were assessed resorting to the Parent's Interview about the Adoption Process. Results showed that parents' satisfaction and adoptees' adjustment were sequential mediators of the relationship between the parents' experience of family life and parenting stress. These findings provide new insights into adoption research in parenting stress, highlighting the importance of adoption‐related variables such as the parents' adoption experience within the family and family relationships.     

Gender cultures and the division of labour in contemporary Europe: a cross‐national perspective

Drawing on the vast literature concerned with the cultural aspects of gender, this article explores the ways in which individuals living in different national contexts value the ideal of a dual earner/dual carer couple at the expense of the male breadwinner model. Via a comparison of fifteen European countries included in the Family and Gender Roles module of the 2002 International Social Survey Programme (ISSP), three attitudinal patterns were identified: the unequal sharing that portrays a male breadwinner norm, the familistic unequal that also endorses a gender‐segregated arrangement though with a greater wish for men's involvement in housework and childcare, and the dual earner/dual carer model, which, despite covering nearly 40 per cent of respondents, is very unequally distributed across countries. It is proposed that societal gender cultures are of major importance to an understanding of cross‐national variations in attitudes and their relationship with the real forms of gender division of labour. The connection between couples' attitudes and practices is thus examined in order to assess the extent to which support for the dual earner/dual carer model encourages couples to engage in more equal sharing of paid and unpaid work. Findings reveal the importance of the normative dimension insofar as the impact of attitudes on practices seems to depend on the historical pathways of gender cultures and the ways in which they underpin welfare policies and female employment.     

Cooking up: Intestinal economies and the aesthetics of specular orality

ABSTRACT

This paper aims to make a psychoanalytical contribution to a cultural studies understanding of the logics — and fantasies — of commmodity consumption in the visual culture of late capitalism. Taking up the metaphor of the gut as a discriminating organ and of cooking as a textual production, we examine the relations between oral and ocular consumption, and between aliment and excrement, as expressed in two films from the 1980s which are centred around themes of food and money. Adrian Lynne's 9½ Weeks and Peter Greenaway's The Cook, The Thief, His Wife and her Lover employ quite different aesthetics and display contrasting inflections of what we call ‘the edible complex’. The first fantasizes wealth as enabling an unstructured excess of consumption that can only end in exhaustion; the second reaffirms the structured distinctions associated with ‘quality’ in a class-divided society where wealth alone does not secure status or legitimacy. From a feminist perspective, the male characters in each text are interesting examples of masculinities not organized around the phallus, but around anal and oral eroticisms and a more primitive oral morality.     

A Novel Approach to Chemical Mixture Risk Assessment—Linking Data from Population‐Based Epidemiology and Experimental Animal Tests

Humans are continuously exposed to chemicals with suspected or proven endocrine disrupting chemicals (EDCs). Risk management of EDCs presents a major unmet challenge because the available data for adverse health effects are generated by examining one compound at a time, whereas real‐life exposures are to mixtures of chemicals. In this work, we integrate epidemiological and experimental evidence toward a whole mixture strategy for risk assessment. To illustrate, we conduct the following four steps in a case study: (1) identification of single EDCs (“bad actors”)—measured in prenatal blood/urine in the SELMA study—that are associated with a shorter anogenital distance (AGD) in baby boys; (2) definition and construction of a “typical” mixture consisting of the “bad actors” identified in Step 1; (3) experimentally testing this mixture in an in vivo animal model to estimate a dose–response relationship and determine a point of departure (i.e., reference dose [RfD]) associated with an adverse health outcome; and (4) use a statistical measure of “sufficient similarity” to compare the experimental RfD (from Step 3) to the exposure measured in the human population and generate a “similar mixture risk indicator” (SMRI). The objective of this exercise is to generate a proof of concept for the systematic integration of epidemiological and experimental evidence with mixture risk assessment strategies. Using a whole mixture approach, we could find a higher rate of pregnant women under risk (13%) when comparing with the data from more traditional models of additivity (3%), or a compound‐by‐compound strategy (1.6%).