Refugee dynamics: Angolans in Zambia 1966 to 1972

"The following study of Angolan refugees in Zambia examines the decision-making dynamics of refugee movements, documents a case of extensive self-settlement, describes the background to the refugee movement, and briefly compares the welfare of self-settling refugees and those who are in government schemes."     

The board advisory tasks in small firms and the event of crises

In this article we examine what affects the board of directors’ involvement in the advice to management, with emphasis on the influence of crises on the board advisory tasks performance. Based on a survey of 881 small Norwegian firms, we analyse responses from CEOs in order to determine whether and to what extent the board is actively involved in the governance process during crises through providing advice. The study has two major contributions to board research in general and research of into small firms in particular. The first is the go beyond the “usual suspects” of board size, CEO duality, and board independence when looking for determinants of board involvement in advice. The second contribution is a clearer understanding of board involvement during crises. Our results show that board member diversity becomes particularly important during crises, since this provides the CEO and firm access to a more diverse pool of competences and experiences. We also find that crises moderate the effects of incentive on the board’s involvement in advice. This evidence sheds new light on the determinants of directors’ involvement in board tasks, suggesting that directors’ incentive to perform certain board tasks vary according to the contingent situation the firm is experiencing.     

Temporal Closeness Promotes Imitation of Meaningful Gestures in Face-to-Face Communication

The present research investigated how temporal distance affects imitation of gestures during a conversation. According to construal level theory, psychological closeness (vs. distance) leads to preference for more pictorial and embodied (vs. symbolic and amodal) forms of communication as well as to greater context sensitivity. We thus hypothesized that people are more sensitive to the contextual meaning of gestures and show more imitation of meaningful (vs. meaningless) gestures when primed with temporal closeness (compared to distance). Participants (N = 91) were assigned to the role of a job interviewer for an internship that would begin in 1 week (vs. in 1 year) and interacted with an ostensible applicant who displayed various meaningful and meaningless gestures. When the internship was to start in 1 week, participants imitated meaningful gestures more often than meaningless gestures. When the internship was to start in 1 year, participants imitated both gesture types equally frequently. This finding indicates that people are more likely to embody verbal statements of an interaction partner when feeling psychologically close to the subject of the conversation.     

The fiscal impact of immigration to welfare states of the Scandinavian type

In this paper, we examine the potential of immigration to strengthen fiscal sustainability, which is under pressure by an ageing population in many European countries. We look at a particularly challenging case, namely that of Denmark, which has extensive tax-financed welfare programmes that provide a high social safety net. The analysis is based on a forecast of the entire Danish economy made using a dynamic computable general equilibrium model with overlapping generations. We present life cycle estimates of the potential fiscal impact of immigration considering the cost of immigration on the margin as well as on average. The main conclusion is that immigrants from Western countries have a positive fiscal impact, while immigrants from non-Western countries have a large negative one, which is also the case when considering only non-refugee immigrants. The negative effect is caused by both a weak labour market performance and early retirement in combination with the universal Danish welfare schemes.     

Stein-like 2SLS estimator

ABSTRACT

Maasoumi (1978 Maasoumi, E. (1978). A modified Stein-like estimator for the reduced form coefficients of simultaneous equations. Econometrica 46:695–703.[Crossref], [Web of Science ®] , [Google Scholar]) proposed a Stein-like estimator for simultaneous equations and showed that his Stein shrinkage estimator has bounded finite sample risk, unlike the three-stage least square estimator. We revisit his proposal by investigating Stein-like shrinkage in the context of two-stage least square (2SLS) estimation of a structural parameter. Our estimator follows Maasoumi (1978 Maasoumi, E. (1978). A modified Stein-like estimator for the reduced form coefficients of simultaneous equations. Econometrica 46:695–703.[Crossref], [Web of Science ®] , [Google Scholar]) in taking a weighted average of the 2SLS and ordinary least square estimators, with the weight depending inversely on the Hausman (1978 Hausman, J. A. (1978). Specification tests in econometrics. Econometrica 46:1251–1271.[Crossref], [Web of Science ®] , [Google Scholar]) statistic for exogeneity. Using a local-to-exogenous asymptotic theory, we derive the asymptotic distribution of the Stein estimator and calculate its asymptotic risk. We find that if the number of endogenous variables exceeds 2, then the shrinkage estimator has strictly smaller risk than the 2SLS estimator, extending the classic result of James and Stein (1961 James W, ., Stein, C. M. (1961). Estimation with quadratic loss. Proceedings of the Fourth Berkeley Symposium on Mathematical Statistics and Probability 1:361–380. [Google Scholar]). In a simple simulation experiment, we show that the shrinkage estimator has substantially reduced finite sample median squared error relative to the standard 2SLS estimator.     

Clinicians Play with Mud,and It's the Best Thing for Us: An Interview With Alistair Campbell

Alistair Campbell is Research Editor for the ANZJFT. He is a Senior Lecturer in Clinical Psychology and Director of the Psychology Clinic at James Cook University in Townsville. He speaks provocatively with Ben Hansen about research and training in family therapy, about accountability to our clients, and about practice.     

Project Employ: engineering hope and breaking down barriers to homelessness

The homeless population in the US has dramatically increased in the past two decades. People who are homeless often lack skills sets such as stress management and social skills, independent living skills, and skills for vocational and leisure engagement. Best practice vocational education and training programs for individuals who are homeless recognize that success in the worker role often hinges on a person's capacity to manage day-to-day living. Life skills and pre-employment training are essential components of vocational programs but no more important than interpersonal skill development including anger management, developing self esteem and motivation, building goal setting capacity, and skills for money management, personal budgeting and self-advocacy. These areas of performance have all been traditionally included in occupational therapy's domain of practice. This article describes Project Employ, a grant funded supportive employment program that has grown out of collaboration between Duquesne University's Department of Occupational Therapy and Bethlehem Haven, an emergency shelter and residential recovery program and primary service provider for homeless people in Pittsburgh, Pennsylvania. The purpose of this article is to describe the history, structure and outcomes of Project Employ.     

Auctions of companies

Auctions of companies are conducted in ways that contradict received auction theory. The major puzzles are: (1) sellers restrict the number of bidders; (2) sellers restrict the number of bidders; (3) bidders are screened by an initial round of non-binding bids; and (4) bidders offer - and sellers sometimes accept - preemptive bids. Puzzles (1), (2), and (4) are explained by assuming that some information concerning the company can, if released, reduce the value of the company. Puzzle (3) is explained as a way for sellers to select the highest-valued bidders; equilibrium is maintained by using the initial bids to set a reserve price for the final bidding round.