‘My work is exciting’ – social workers in Estonia compared to Norway

The article discusses the relationship between social policy and social work, focussing on how municipal social workers in Estonia and Norway describe their work situation as implementers of social policy. It is based on a series of individual and group interviews. Estonia is the main case, and Norway is included for comparative reasons. The relationship between aims and reality, external conditions and development of the profession are important subjects. Social workers represent a link between users and the various social policy institutions. Estonian and Norwegian social workers experience a gap between needs and resources. Representatives from both countries referred to the growing workload and complained about low status. At the same time they describe a positive development. A common feeling of having limited resources when confronted with the needs of the users is combined with a feeling that social work is challenging and exciting. In both countries networks and cooperation across professional borders are important. The authors conclude that social workers are important actors in implementing changes at the local level, but they seem to be more concerned about the daily encounter with the individual user than with the policy framework.     

Combined multiple testing by censored empirical likelihood

We propose a new procedure for combining multiple tests in samples of right-censored observations. The new method is based on multiple constrained censored empirical likelihood where the constraints are formulated as linear functionals of the cumulative hazard functions. We prove a version of Wilks’ theorem for the multiple constrained censored empirical likelihood ratio, which provides a simple reference distribution for the test statistic of our proposed method. A useful application of the proposed method is, for example, examining the survival experience of different populations by combining different weighted log-rank tests. Real data examples are given using the log-rank and Gehan-Wilcoxon tests. In a simulation study of two sample survival data, we compare the proposed method of combining tests to previously developed procedures. The results demonstrate that, in addition to its computational simplicity, the combined test performs comparably to, and in some situations more reliably than previously developed procedures. Statistical software is available in the R package ‘emplik’.     

SENTIMENT BIAS AND ASSET PRICES: EVIDENCE FROM SPORTS BETTING MARKETS AND SOCIAL MEDIA

Previous research using attendance‐based proxies for sentiment bias in sports betting markets confirmed the presence of investor sentiment in these markets. We use data from social media (Facebook “Likes”) to proxy for sentiment bias and analyze variation in bookmakers' prices investor sentiment. Based on betting data from seven professional sports leagues in Europe and North America, we find evidence that bookmakers increase prices for bets on teams with relatively more Facebook “Likes,” indicating the presence of price‐insensitive investors with sentiment bias. These price changes do not affect informational efficiency in this market. (JEL L81, G14)     

Sleep patterns and sleepiness of working college students

The double journey (work and study) may result or aggravate health problems, including sleep disturbances, as observed in previous studies with high school students. The aim of this study is to analyze the sleep-wake cycle and perceived sleepiness of working college students during weekdays. Twenty-three healthy college male students, 21-24 years old, working during the day and attending classes in the evening, participated in this study. During five consecutive days, the students filled out daily activities logs and wore actigraphs. Mean sleeping time was lower than 6 hours per night. No significant differences were observed in the sleep-wake cycle during the weekdays. The observed lack of changes in the sleepwake cycle of these college students might occur as participants were not on a free schedule, but exposed to social constraints, as was the regular attendance to evening college and day work activities. Sleepiness worsened over the evening school hours. Those results show the burden carried by College students who perform double activities - work and study.     

Non-linear mixed logit

We develop an extension of the familiar linear mixed logit model to allow for the direct estimation of parametric non-linear functions defined over structural parameters. Classic applications include the estimation of coefficients of utility functions to characterize risk attitudes and discounting functions to characterize impatience. There are several unexpected benefits of this extension, apart from the ability to directly estimate structural parameters of theoretical interest.     

Macroeconomic adjustment in Thailand: Demand management and supply conditions

Within the framework of a four-sector macroeconomic model for Thailand, comparative statics are used to assess alternative ways of macroeconomic adjustment. Fiscal policy interventions, manipulations of the exchange rate, and productivity improvements are discussed. Their implications in terms of income generation, external deficit, and inflation are derived. It is shown that only productivity improvements have positive effects on all indicators. Fiscal interventions lead to an improvement in the external deficit, but at the cost of income generation. The outcome of a devaluation is largely dependent on the behavior of factor prices.     

Variance Estimators of the Gini Coefficient—Probability Sampling

An estimator of the Gini coefficient (the well-known income inequality measure) of a finite population is defined for an arbitrary probability sampling design, taking the sampling design into consideration. Alternative estimators of the variance of the estimated Gini coefficient are introduced. The sampling performance of the Gini coefficient estimator and its variance estimators is studied by means of a Monte Carlo study, using stratified sampling from a miniature population of Swedish households with authentic income data.     

Precarious work: A global perspective

Precarious work is universal, though its forms and consequences vary across countries due to institutional, cultural, and historical differences. This article reviews recent research on precarious work from a global perspective, emphasizing the comparative and interdisciplinary research needed for a comprehensive understanding of the structural transformations in contemporary capitalism that promote precarious work. The article has three foci. First, research that details the diverse forms of precarious work, which have become increasingly heterogeneous as national labor markets have been interwoven with global production networks. Second, research on precarious work that emphasizes its disparate impacts for women, youth, the elderly, racial and ethnic minority groups, and migrants, revealing an articulation of precarity and social cleavages. Third, research on the politics associated with precarious work and how some precarious workers have successfully organized and mobilized their interests, such as by unionizing and becoming involved in electoral politics. Still, questions remain regarding precarious work: how precarious workers differ from regular workers in representing their interests and demands and whether precarious workers are a new, independent social class or remain part of a changing working class. Finally, topics for future research on the global dimensions of precarious work are discussed.