Die Bedeutung der Zinsschranke

The German Corporate Tax Reform Act of 2008 requires an adjustment of classic valuation concepts because it limits interest deduction from taxable income depending on the operating performance of the company. By using time- and state-contingent discount rates in a risk-neutral valuation with predetermined debt levels, a theoretically sound valuation result is obtained. However, a modified APV-concept which assumes deterministic debt over the planning horizon and constant leverage in the terminal value phase also yields consistent valuation results when two types of tax shields with different levels of risk are distinguished.     

The stigma of AIDS: fear of disease and prejudice toward gay men

Three hundred college students were presented with vignettes describing an ill person; the vignettes were identical except the illness was identified as either AIDS or leukemia and the individual was described as either homosexual or heterosexual. After reading one vignette, each subject completed a set of measures sensitive to interpersonal evaluation, prejudicial attitudes, and willingness to interact casually with the portrayed individual. The findings indicate the presence of highly stigmatizing attitudes towards AIDS patients and suggest that the public views AIDS patients and gay persons with similar attitudinal prejudice. The need for greater attention to AIDS by social and behavioral researchers is discussed.     

Configurations of informal social support among older lesbians

Limited research has been conducted on the needs and concerns of older lesbians in the American population. The purpose of this paper is to present findings from a qualitative study of older (aged 55 and older) lesbians' experiences of and perspectives on aging, with a focus on their discussions of social support. Through an in-depth qualitative study with 25 older lesbians, we found that aging lesbians may be less likely to access formal social services due to perceptions of bias within the services and a potential lack of connection with those who do use services. However, participants were creative at formulating informal networks of support. Four heuristic categories (empowered, secure, independent, and precarious) of informal social support were developed to characterize the various ways in which participants configured their support systems. Social support within each category was conceptualized both in terms of intentionality and degree of connectedness. Being partnered did not necessarily equate with a strong sense of social support. Further research needs to be conducted on older lesbians in order to better characterize and respond to their needs as they age.     

A competency approach to curriculum building: a social work mission

This article discusses The John A. Hartford Foundation CSWE SAGE-SW Project through an historical reflection of curriculum development within the profession. The project's relationship to several curriculum building models is also explored. A curriculum development tool for combining the Hartford Competencies with theCSWEEPAS requirements is provided.     

Discrimination that Travels: How Ethnicity Affects Party Identification for Southeast Asian Immigrants*

Objectives. The critical importance of party identification as a determinant of vote choice is well documented. Given the increasing diversity of the population in the United States, it is critical that we understand the process of socialization into the political system for immigrant groups. It is especially important that we should be able to distinguish differences in socialization within a group. Methods. Using a framework developed by Cain, Kiewiet, and Uhlaner (1991) , we use newly available data to test their assertions about the development of party identification in Asian‐American immigrants. Results. Looking at a sample of foreign‐born Asian Americans, we find that critical differences can exist within groups. Conclusions. The differences within groups have an important effect on the development of party identification for those immigrants.     

A complete and strongly anonymous leximin relation on infinite streams

Various extensions of the leximin order to the infinite dimensional setting have been suggested. They relax completeness and strong anonymity. Instead, by removing sensitivity to generations at infinite rank this paper defines a complete and strongly anonymous leximin relation on infinite streams. The order is axiomatized, and it is shown to be the limit of extended rank-discounted utilitarianism for any utility function, as the discount factor approaches zero.     

An Evaluative Review of Outcome Research on Universal Mental Health Promotion and Prevention Programs for Higher Education Students

Abstract

Objective: This review is the first large-scale attempt to evaluate the effectiveness of universal promotion and prevention programs for higher education students on a range of adjustment outcomes. Participants/Methods: The current review examined 83 controlled interventions involving college, graduate, and professional students, with a focus on 3 main outcomes: social and emotional skills, self-perceptions, and emotional distress. Results/Conclusions: Skill-oriented programs that included supervised practice demonstrated the strongest benefits, thus showing promise as a successful mental health promotion and preventive intervention. In comparing different intervention strategies, mindfulness training and cognitive-behavioral techniques appear to be the most effective. Furthermore, interventions conducted as a class appear to be effective, suggesting the potential for exposing higher education students to skill training through routine curricula offerings. This review offers recommendations for improving the experimental rigor of future research, and implications for enhancing campus services to optimize student success in psychosocial—and thus ultimately academic—domains.     

Sequential Estimation of a Continuous Distribution Function from Delayed Observations

The problem of sequentially estimating a continuous distribution function is considered in the case when the observations become available at random times. A certain class of sequential estimation procedures which are composed of optimal stopping time and sequential minimum risk invariant estimator of a continuous distribution function is obtained under a nonparametric invariant loss function and with the observation cost determined by a convex function of the moment of stopping and the number of observations up to this moment.     

Economic Well-Being Among Older-Adult Households: Variation by Veteran and Disability Status

This analysis uses data from the Survey of Income and Program Participation (SIPP) to examine whether veteran and disability statuses are jointly associated with poverty and material hardship among households that include an older adult. Compared to households that do not include a person with a disability or veteran, disabled nonveteran households are more likely to be in poverty and to experience home hardship, medical hardship, and bill-paying hardship. Disabled veteran households are not significantly different in terms of poverty, but exhibit the highest odds of home hardship, medical hardship, bill-paying hardship, and food insufficiency. The implications for social work practice are discussed.