Mapping the Field of Donation-Based Crowdfunding for Charitable Causes: Systematic Review and Conceptual Framework

VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations - This study compiles the main findings in the field of academic research on pure donation-based crowdfunding (DCF)...     

Modeling rare events through a pRARMAX process

7 and 8 introduce a power max-autoregressive process, in short pARMAX, as an alternative to heavy tailed ARMA when modeling rare events. In this paper, an extension of pARMAX is considered, by including a random component which makes the model more applicable to real data. We will see conditions under which this new model, here denoted as pRARMAX, has unique stationary distribution and we analyze its extremal behavior. Based on Bortot and Tawn (1998), we derive a threshold-dependent extremal index which is a functional of the coefficient of tail dependence of 14 and 15 which in turn relates with the pRARMAX parameter. In order to fit a pRARMAX model to an observed data series, we present a methodology based on minimizing the Bayes risk in classification theory and analyze this procedure through a simulation study. We illustrate with an application to financial data.     

Moderators of Stress in Salvadoran Refugees: The Role of Social and Personal Resources1

Refugee research has tended to focus exclusively on the mental health consequences of migration with little attention being devoted to factors that facilitate adjustment. Recently, several cross‐cultural researchers have suggested that the growing literature on moderators of stress may elucidate why some migrants experience adverse effects whereas others remain relatively unscathed. This study examines the moderating effects of social and personal resources on the relationship between stress and subjective well‐being in 60 recently‐arrived and 60 established Salvadoran refugees in Canada. The participants completed a questionnaire that included scales pertaining to stress (life events, hassles, migration‐related events), resources (social support, locus of control, self‐esteem) and well‐being (quality of life, life satisfaction). Varying results were found for both groups. For Recent Refugees, personal resources were found to moderate migration stress. In particular, locus of control buffered the relationships between migration stress and quality of life and life satisfaction, whereas self‐esteem buffered the migration stress‐quality of life relation. For Established Refugees, social support and self‐esteem moderated the relationship between life events and life satisfaction. In addition, social support buffered the effects of hassles on quality of life. The findings underscore the relevance of integrating more firmly the study of refugee adjustment with current developments in stress research.     

What is Happening with Quality of Life Among the Oldest People in Southern European Countries? An Empirical Approach Based on the SHARE Data

Population aging in developed countries has created new challenges to improve the well-being of individuals at different age cohorts. This issue is especially significant for Southern European countries, were aging societies have worse health and less socio-economic resources. The aim of this study is to contribute to this body of literature and to estimate the effect of aging on quality of life of oldest people. This paper uses the latest available data (6th wave) from the Survey on Health, Ageing and Retirement in Europe (SHARE). Specifically, robust ordinary least squares and multilevel regressions are employed to analyse the effects of socioeconomic, health, and community factors on quality of life among the oldest population for Southern European countries. Our findings confirm the significance of several factors on life satisfaction among the oldest population in this group of countries. Moreover, we show that the determinants which are correlated with quality of life include predisposing, health, geographic area and social isolation factors.     

How does Conflict in Migrants’ Country of Origin Affect Remittance‐Sending? Financial Priorities and Transnational Obligations Among Somalis and Pakistanis in Norway

This article examines how conflict in the country of origin interacts with other factors in shaping migrants’ remittance‐sending practices. Our data come from a survey of 10 immigrant groups in Norway and semi‐structured interviews with Somali and Pakistani remittance‐senders and receivers. First, we conduct an in‐depth comparison to explore the differences in how Somali and Pakistani migrants decide about remittance‐sending. Second, we use survey data on all 10 migrant groups to evaluate whether the differences that are not explained by socioeconomic characteristics, may partly reflect whether or not there is ongoing conflict in the country of origin. In our analyses we differentiate between (1) the effect of migrants’capacity to remit and their prioritizing of local and transnational expenditures, and (2) the impact of state collapse and absence of human security on migrants’ and refugees’desire to remit. We find that ongoing conflict in the country of origin exerts an upward pressure on remittance‐sending.     

‘The house belongs to both’: undoing the gendered division of housework

This article studies 28 dual-income Spanish childless couples who were undoing gender in routine domestic work. We understand ‘undoing gender’ as defined by Deutsch [(2007). Undoing gender. Gender & Society, 21, 106–127, p. 122]: ‘social interactions that reduce gender difference’. The dual-earner couples came from different socio-economic backgrounds and were interviewed in four different Spanish towns in 2011. The analysis shows that resources in a wide sense, time availability, external help, ideas about fairness, and complex gender attitudes are key interdependent factors that can weave together to form different configurations leading to a non-mainstream division of housework. All configurations were based on principles of gender equality: some couples found it fair to have a 50/50 division of domestic work, others a 50/50 division of all work (paid and unpaid); and a third group showed conflicts in practice. These couples’ ways of undoing gender illustrate the external, individual, and couple circumstances under which spouses are able to achieve a non-traditional construction of unpaid work.     

Financial Intermediation Modernization in Countries with Transition Economy

During the modern phase of economic reforms directed at the establishment of market economy, many countries with transition economies face the challenge of solving the issue of formation and rational usage of internal sources of financing the real sector of the economy, as well as attracting considerable volume of direct foreign investment. In general, financial market imperfections hold back innovation and growth, and that public policy can complement financial markets. Therefore, the most relevant issue at the present time is the formation of attendant and complex supervision institutions, as well as an exigency of innovative economy governance as mainframe principles for further banking system elaboration and financial sector development in general. We have taken Armenia as a case study for transition economy as far as Armenia is currently in the stage of capital market development through integration into international financial markets.      

Satisfaction and Tourism Expenditure Behaviour

In the literature, the quantification of the effect of satisfaction on tourists’ expenditure behaviour has not been extensively studied. This research aims to fill in this gap, providing additional information about this crucial relation by analysing it from a microdata perspective. In particular, the Fuzzy Double-Hurdle model, a new model which combines the well-known Double-Hurdle model and the fuzzy set theory, is suggested and presented, both technically and by means of a real case study. The proposed model gathers the advantages of the Double-Hurdle model and the fuzzy set theory together producing a suitable model for the analysis of censored observations in presence of imprecise data. Specifically, the Double-Hurdle model allows to efficiently estimate the average values of a non-negative, non-normally distributed variable characterised by high frequency of zero values, as tourists’ expenditure can be, considering the two-stages nature of the decision process. On the other end, the inclusion of the fuzzy set theory in the regression model allows to cope with the imprecision of both collected information (i.e. levels of satisfaction) and kind of measurement used (i.e. Liker-type scale). The results will help tourism managers to more accurately evaluate the efficacy of their policies and marketing strategies in enhancing tourists’ satisfaction and, consequently, in increasing the level of spending at the destination.