Demographic Changes and Economic Activityin Greece

This paper investigates the linkages among demographic changes (fertility choice, marriage decision and mortality), real wages and real output in Greece over the period 1960–1998. The results show that in the long run a decrease in infant mortality rates, taking into consideration economic performance and the labor market, causes a reduction in fertility rates. In addition, the results suggest that an increase in real wages decreases nuptiality and fertility. Employing vector error-correction models and impulse response functions, the empirical results support the endogeneity of fertility choice to infant mortality, the labor market and the growth process.     

Entrepreneurship in the Swedish municipal polis: the case of Mer [*] Östersund

Scholars in political science and policy studies have been paying increasing attention to a specific kind of actor, the policy entrepreneur, as an agent of change. Less attention has been paid to the contextual factors that may shape entrepreneurial action as most of the extant research is performed in pluralistic systems and in high complexity policy sectors. This is a study of a routine planning process in the municipality of Östersund in Northern Sweden with the purpose of studying the kind of actors that may act entrepreneurially (the who); the kind of strategies they use; and what contextual powers facilitate these strategies (the how). This two-and-a-half-year routine, low-complexity process was analyzed with in-depth interviews and a survey, participant observation, document analysis, and formal social network analysis. Findings suggest that professional administrators acted entrepreneurially by employing a set of six strategies while the members of civil society were central – though not entrepreneurial – participants.     

Measurement and Pricing of Risk in Insurance Markets

The theory and practice of risk measurement provides a point of intersection between risk management, economic theories of choice under risk, financial economics, and actuarial pricing theory. This article provides a review of these interrelationships, from the perspective of an insurance company seeking to price the risks that it underwrites. We examine three distinct approaches to insurance risk pricing, all being contingent on the concept of risk measures. Risk measures can be interpreted as representations of risk orderings, as well as absolute (monetary) quantifiers of risk. The first approach can be called an "axiomatic" one, whereby the price for risks is calculated according to a functional determined by a set of desirable properties. The price of a risk is directly interpreted as a risk measure and may be induced by an economic theory of price under risk. The second approach consists in contextualizing the considerations of the risk bearer by embedding them in the market where risks are traded. Prices are calculated by equilibrium arguments, where each economic agent's optimization problem follows from the minimization of a risk measure. Finally, in the third approach, weaknesses of the equilibrium approach are addressed by invoking alternative valuation techniques, the leading paradigm among which is arbitrage pricing. Such models move the focus from individual decision takers to abstract market price systems and are thus more parsimonious in the amount of information that they require. In this context, risk measures, instead of characterizing individual agents, are used for determining the set of price systems that would be viable in a market.     

Spatial Planning and the Traditional Settlements Management: Evidence from Visibility Analysis of Traditional Settlements in Cyclades,Greece

ABSTRACT

Traditional settlements constitute part of the cultural heritage and their preservation is an important priority, acknowledged in the present study as a multidisciplinary, multi-scale and complex issue. This study quantifies the visual impact of traditional settlements in Cyclades that arise from structures which are considered to create pressure on the island landscape and negative visual impact. These structures disrupt the landscape continuity; they are both incongruous with the dominant local scale and incompatible with the forms and shapes that are appropriate on the Cyclades islands. This paper examines these issues in the context of the management of insular traditional settlements within the Greek spatial planning framework.     

Daily transformational leadership and employee job crafting: The role of promotion focus

Transformational leaders are expected to challenge their followers to take greater ownership of their work, allowing the leader to align followers with tasks that enhance their performance. In the present study, we hypothesize that transformational leadership is positively related to followers' job-crafting behaviour – proactive behaviour aimed at optimizing job demands and job resources. Moreover, we argue that followers' promotion focus (i.e. being driven by growth and development needs) positively moderates this relationship. Data were collected from 107 employees from Norwegian knowledge-based organizations (response?=?93.2%). Participants responded to a general questionnaire and five daily diary questionnaires (total N?=?535 occasions). The results of multilevel analyses revealed partial support for our hypotheses. Followers' day-level perception of their leader's transformational behaviour was positively related to followers' day-level job crafting in the form of increasing structural and social resources. Moreover, daily transformational leadership was particularly beneficial for job crafting when followers scored high (vs. low) on the trait promotion focus. We conclude that transformational leaders can encourage their followers' use of job crafting, and that employees' promotion focus facilitates this effect.     

Sense of Community and the Perception of the Socio-Physical Environment: A Comparison Between Urban Centers of Different Sizes Across Europe

Measures of subjective well-being, and especially life evaluations, or judgments about how happy people are with their lives as a whole, enrich and empower social indicators research. They do this by requiring other social indicators as explanatory variables and providing a coherent encompassing framework within which the relative importance of other social indicators can be established.     

Towards a typology of work-home interaction

In this paper the relationship of various types of work-home interaction (i.e. negative and positive influence from work to home, and the other way around) with demographic, family, and (perceived) work characteristics as well as with experienced health was explored in a sample of 751 postal employees. By using cluster analysis, we tried to uncover whether specific combinations of the various dimensions of work-home interaction (WHI) were more prevalent than others. Our results showed that employees did not simply experience negative work-home interaction or not, but that participants should be classified in five distinct clusters: (1) 239 employees experienced no interaction at all; (2) 74 employees experienced primarily negative interaction between both domains; (3) 113 employees experienced primarily positive influence from work; (4) 195 employees experienced primarily positive influence from home; and (5) 122 employees experienced negative and positive interaction simultaneously. Results further showed that the emerging WHI-clusters appeared to have distinct profiles with respect to demographic and family characteristics, perceived working conditions, and reported health and well-being. It was convincingly shown that workers who experienced negative interaction between work and home, perceived their working conditions as least favourable and experienced most psychological health complaints, while those with primarily positive influence from work had the most favourable perceptions of their working conditions and experienced better health than the other clusters. Employees who experienced virtually no interaction between both domains did not seem to enjoy a better quality of life than the other clusters. Implications of this exploratory study are discussed. Dans cet article nous avons exploré, dans un échantillon constitué par 751 employés de la poste, la relation entre les différents types d'interaction entre le travail et la vie domestique d'un côté (c'est à dire l'influence positive et negative du travail sur la vie domestique comme l'effet inverse), et de l'autre coté, les caractéristiques démographiques, familiales et de travail (perçu), et l'expérience de la santé. En utilisant des analyses agglomérées nous avons essayé de comprendre si les combinaisons spécifiques des différentes dimensions de l'interaction travail-domicile prévalaient sur d'autres. Nos résultats démontrent que non seulement les employés faisaient l'expérience positive ou negative de l'interaction travail-domicile, mais que en plus les participants pouvaient etre classés selon cinq agglomérats différents: (1) 239 employés ne montraient aucune forme d'interaction; (2) 74 employés percevaient seulement de l'interactions négative entre les deux domaines; (3) 113 employés ressentaient principalement de l'influence positive de leur travail; (4) 195 employées percevaient seulement l'influence positive de leur vie domestique; et (5) 122 ressentaient de l'interaction positive et négative simultanément. En outre, les résultats montrent que ces cinq groupes disposaient de profils différents en ce qui concerne les caractéristiques démographiques et familiales comme leur experiences de santé et de bien-être. Nous avons démontré de façon convaincante que les travailleurs qui ressentaient une interaction négative entre travail et domicile percevaient leurs conditions de travail comme les moins favorables et reportaient le plus de plaintes de santé psychologique, tandis que ceux qui ressentaient principalement une influence positive de leur travail reportaient les perceptions de conditions de travail les plus favorables et percevaient leur santé comme meilleur que les autres groupes. Les employées qui ne ressentaient pratiquement pas d'interaction entre les deux domaines ne donnaient pas l'impression d'avoir une meilleur qualité de vie que les autres agglomérats. Les implications de cette étude exploratoire sont discutées.