Tax Reforms as Capital Market Development Factor

The article presents the preconditions of Armenian capital market development. A few hypotheses are proposed concerning correlation between direct taxes (in particular, profit tax and income tax) and financial sector development mediated with shadow economy. On the basis of studied theories and our empiric research (regression analysis of key indicators), our hypotheses were proven. So for the further development of Armenian capital market we consider it necessary to depart from profit tax, concurrently reducing income tax and social security tax rates.     

The dream as a vehicle for the recovery of childhood trauma

Gertrude and Rubin Blanck (1979), drawing on Freud's discovery that a dream may lead to the recovery of forgotten childhood experiences, have shown how certain dreams may provide access to the pattern of the early mother-child relationship and to critical events that occur before the ego is capable of processing experience adequately. Drawing from their considerations, this paper demonstrates how a dream was employed to reconstruct a pattern of early chronic stress trauma which had contributed to a repetitive pattern of self destructive behavior in a depressed woman. This reconstructive effort helped start the difficult work of diminishing the painful impact of the traumatic past and paved the way for a beginning identification with a protective object, the therapist.     

Managerial type determination and its role in the development of an Executive/Entrepreneurial Quotient (EQ) instrument

The development of a model and related instrument to define and predict executive and entrepreneurial effectiveness has been the focus of much research. The managerial typing scheme is a bi-product of such a research program The original scope of work was to develop an instrument to measure entrepreneurial and executive effectiveness to be used as a personal and organizational development tool. The research was directed by Dr. Edward J. Fasiska during his tenure as Vice President of Operations at Carnegie Mellon Research Institute, the industrial research arm of Carnegie-Mellon University in Pittsburgh. The “EQ” (Entrepreneurial/Executive Quotient) model was developed through interactive research with populations of entrepreneurs and executives who were sponsoring new product development programs for commercialization. This environment provided a unique atmosphere to monitor decision-making patterns and operational styles of a varied cross section of entrepreneurs and executives in their managerial environments.     

Relative wages and exit behavior among registered nurses

I examine the exit decision of registered nurses using the longitudinal data files generated by the March Current Population Surveys (CPS) from 1983 through 1994. By examining the wages of workers outside of nursing, a measure of the reservation wage is constructed and related to the decision to leave nursing, either for an alternative job or to exit employment. My results indicate that nurses respond to outside wage opportunities. A one standard deviation decrease in the difference between the actual and predicted log wage results in an 8 percent increase in the exit of nurses. Secretaries, however, are shown to have a much greater sensitivity to outside wages due to the lower degree of occupation-specific training required for secretarial jobs. A similar increase in the wage gap for secretaries results in an 18 percent increase in turnover. RNs employed in hospitals, covered by a union contract, and employed in the public sector are relatively attached to the nursing profession. The author appreciates the helpful comments of Barry Hirsch, David Macpherson, and Leola Ross.     

Does knowledge of college drinking policy influence student binge drinking?

The authors explored alcohol policies at 5 historically black colleges and universities (HBCUs) to gain an understanding of how students' awareness of these policies might correlate with campus binge drinking rates. Findings indicated that male students who reported being unaware of certain alcohol policies were more likely to report binge drinking than their counterparts who reported they were aware of the policies. Gender differences in awareness of alcohol policy might be an important variable influencing binge drinking on HBCU campuses.     

College students' motivation for physical activity: differentiating men's and women's motives for sport participation and exercise

Despite the many clear benefits of an active lifestyle, lack of physical activity is a significant health problem in the college population. A key issue in physical activity research is developing an understanding of motivation. Although physical activity takes many forms, most research designed to enhance motivation for and adherence to physical activity focuses on exercise behavior and ignores sport participation. In this study, the authors compare motivations for sport participation versus exercise among college students. Results indicate that participants were more likely to report intrinsic motives, such as enjoyment and challenge, for engaging in sport, whereas motivations for exercise were more extrinsic and focused on appearance and weight and stress management. The findings suggest that motives for sport participation are more desirable than those for exercise and may facilitate improved adherence to physical activity recommendations.     

Medicaid nursing facility reimbursement in flux: effects of federal regulatory changes and prevailing fiscal conditions, 1978-1998

Basic concepts and trends are examined in Medicaid nursing facility reimbursements between 1978 and 1998, because Medicaid payment reform is a common budget reduction strategy pursued by state officials. Non-incremental changes in state rate-setting methods, as well as incremental changes in per diem rates and expenditures per recipient, are analyzed. In addition to substantial cross-state variation, results reveal clear trends in reimbursement policy characteristics over time. Not only do these track closely with changes in the federal regulatory environment, but they also track closely with prevailing fiscal and economic conditions. Given the serious ramifications reimbursement policy changes can have for nursing home residents and providers, it is imperative that the impact of federal disengagement from this policy area be understood.