Finite-Sample Properties of Some Alternative GMM Estimators

We investigate the small-sample properties of three alternative generalized method of moments (GMM) estimators of asset-pricing models. The estimators that we consider include ones in which the weighting matrix is iterated to convergence and ones in which the weighting matrix is changed with each choice of the parameters. Particular attention is devoted to assessing the performance of the asymptotic theory for making inferences based directly on the deterioration of GMM criterion functions.     

Nonoffending Parent Expectations of Sexually Abused Children: Predictive Factors and Influence on Children's Recovery

This study examined the influence of parental expectations on the functioning of sexually abused children. Participants included 67 sexually abused youth and 63 of their nonoffending primary caregivers. Parental expectations about how sexual abuse will impact children were predictive of parents' ratings of children's behavior at pretreatment, while parental expectations of children's overall future functioning were not predictive of parents' ratings of children's behavior. Parental expectations about how sexual abuse will impact their children and about their children's overall future functioning were not predictive of parents' ratings of children's behavior at posttreatment. Results highlight the influential role the sexual abuse label has in shaping parental expectations about children's functioning. Recommendations for research and intervention are discussed.     

Does How You Measure Income Make a Difference to Measuring Poverty? Evidence from the UK

Income is regarded as one of the clearest indicators of socioeconomic status and wellbeing in the developed world and is highly correlated with a wide range of outcomes. Despite its importance, there remains an issue as to the best way to collect income as part of surveys. This paper examines differences in how income is collected in a nationally representative UK birth cohort, the Millennium Cohort Study, looking at variations by questions asked and by respondent characteristics before then examining the implications different methods of collecting and reporting income may have for measuring poverty. Results show that less than a third of respondents give consistent information on income between measurement tools. Using multiple questions is associated with a substantially lower response rate but this method generally results in a higher estimate of family income than using a single question. This is particularly true for certain groups of the population—those on means tested benefits, in self-employment and in part-time employment. Not surprisingly then in our analysis of poverty, using a single question produces an inflated proportion of families who could be classified as living in poverty and is less associated with other measures of financial deprivation than the more conservative poverty measure based on multiple questions.     

The 'best interests of the child' thesis: some thoughts from Australia

In the 36 years since the 1973 publication of ' Beyond the Best Interests of the Child ' by Goldstein, Freud and Solnit, the phase 'the best interests of the child' has achieved biblical standing and is now embedded in childcare and protection legislation worldwide. It also resonates through clinical reports and other materials that form the basis for proceedings in Children's Courts and in Family Law Courts. Such is the power of the phrase that it is to be found in Article 18 of the Convention on the Rights of Children that was adopted by the United Nations in September 1989. In 1996, Goldstein, Solnit and Goldstein, with Freud, indicated a preference for the phrase 'least detrimental alternative' rather than 'the best interests of the child'. For this reason, and because the world in 2009 is a far different place from that which existed 36 years ago, we think it is time to re-examine this classic phrase both in terms of its underlying thesis and how it is used in present-day childcare and protection proceedings and practice.     

Psychosocial factors and safety behaviour as predictors of accidental work injuries in farming

Farming is one of the most hazardous occupations in terms of the incidence and seriousness of accidental injuries. Research with other occupational groups has drawn attention to the role of psychosocial factors and stress. Such research needs to be extended to agriculture. Since stress may be a problem faced by farmers, there is a particular need to investigate the associations between farm accidents and work stressors and stress reactions. Using multivariate logistic regression analyses, this study aimed to uncover the best psychosocial predictors of injury, while controlling for exposure-related confounders. From a randomly selected sample of 794 farms, 10% of all farms in Ringkoebing County, Denmark, 393 farmers completed completed weekly accident registration over 12 months. The study sample consisted of 310 farmers who also completed questionnaires on psychosocial factors. Results indicated that farm stressors (including perceived economic problems), stress symptoms, and safety behaviour were predictors of occupational farm accidents. Higher levels of stressors and stress symptoms and poor safety behaviour were all associated with an elevated risk of injury. In the case of stress symptoms, the relation with accidents occurred via an interaction with safety behaviour. The combination of high levels of stress symptoms and poor safety behaviour was associated with a particularly high accident risk.     

Poverty among households with children: a comparative study of Norway and Germany

The purpose of this study was to compare poverty among lone parent households and couple households with children in Norway and Germany. The study applied three different measurement strategies: income poverty, material deprivation and reception of social assistance. We found that income poverty and material deprivation rates are higher in Germany than in Norway and are also higher for lone parents than for couples with children. Our analysis of the reception of social assistance shows a different pattern in which both Norwegian and German lone parents frequently receive social assistance. The results show that the different dimensions of poverty are not independent of one another, nor do they wholly overlap. Household characteristic variables, factors influencing labour market status and educational levels also seem to influence the risk of experiencing poverty.     

Career Counselors as Advocates and Change Agents for Equality

This analysis of the career counseling profession's strengths, weaknesses, opportunities, and threats emphasizes the importance of the profession's contributions to fostering equality in a democratic society. Career counseling professionals and their National Career Development Association are well positioned to expand their concentration on fostering the career development of individuals to encompass advocacy about public policy and agency in changing systems. Advances in the use of technology, attention to multicultural issues, and advocacy of holistic models have the potential to enrich the career counseling profession's contributions to individual development and social equality.     

The 'best interests of the child' thesis: some thoughts from Australia

In the 36 years since the 1973 publication of ' Beyond the Best Interests of the Child ' by Goldstein, Freud and Solnit, the phase 'the best interests of the child' has achieved biblical standing and is now embedded in childcare and protection legislation worldwide. It also resonates through clinical reports and other materials that form the basis for proceedings in Children's Courts and in Family Law Courts. Such is the power of the phrase that it is to be found in Article 18 of the Convention on the Rights of Children that was adopted by the United Nations in September 1989. In 1996, Goldstein, Solnit and Goldstein, with Freud, indicated a preference for the phrase 'least detrimental alternative' rather than 'the best interests of the child'. For this reason, and because the world in 2009 is a far different place from that which existed 36 years ago, we think it is time to re-examine this classic phrase both in terms of its underlying thesis and how it is used in present-day childcare and protection proceedings and practice.