Pan‐European pension funds: Current situation and future prospects

The competitive pressures arising from European economic integration increasingly challenge the territorial sovereignty of national welfare states. This generates the need to situate domestic social security schemes amid the European Union's national and supranational as well as economic and social spaces. At the trans‐national level, the European Commission's 2003 Institutions for Occupational Retirement Provision (IORP) Directive created the illusion that a single market for occupational pensions would shortly be within reach. This did not happen, however, as IORPs — being at one and the same time financial vehicles and social insurance institutions — embody the constitutional asymmetry between policies promoting market efficiency and policies promoting social protection. Whereas the elimination of financial and tax barriers has proceeded smoothly, harmonization of the social and labour components within the occupational pension domain did not occur, slowing down the development of pan‐European pension plans. Nonetheless the road towards a single occupational pension market is still open, with first positive results emerging from the greater involvement of corporate and supranational actors.     

Demos-Ethos: a framework to study the Icelandic and Basque cases through Critical Social Innovation and Applied Ethics

This article presents a framework informed by two disciplines, Social Innovation and Applied Ethics, to be used in an ongoing analysis of territorial democratic systems. It aims to combine Social Innovation and Applied Ethics analysis to better understand the socio-political regeneration process in Iceland initiated with the 2008 global crisis. This crisis, particularly in Iceland had an economic and political aspect affecting the self-understanding of the territories as a whole, but in the Basque Country at present, it also deals with the current peace process to settle down political violence and its causes. In both cases there are deep underlying value issues. Nevertheless, this article introduces only the results obtained in Iceland. While its democratic system has proven to be able to contest the causes of the crisis, there is no definitive evidence that the re-examination process that was opened in October 2008 is resolved yet.     

Remittance Activity among Brazilians in the US and Canada

This comparative study uses data collected in 1990 and 1991 to examine the remittance behavior of Brazilians who had recently arrived in Canada and the United States. These data permit an examination of remittance activity among immigrants relatively soon after their arrival in a pair of host destinations. Prior to contrasting the remittance activity of these newly arrived immigrants, we first document the high degree of similarity between the two groups at their time of arrival; a point that becomes important when contrasting their divergent outcomes. Next, this study contributes to the research literature on micro‐level remittance patterns and behaviors by focusing on three policy relevant dependant variables. More specifically, multivariate analyses are undertaken to examine those individual‐level factors that best determine: (1) who remits, (2) how much they remit, and (3) when funds are remitted for productive purposes. Because the data analyzed were collected with the same instrument, results are then contrasted for the two destinations. One major finding to emerge from this cross‐national study was that even immigrants who are extremely similar on all socio‐economic measures at time of arrival may soon manifest divergent outcomes due to their distinctive country of destination experiences. Consequently, although some common predictors were found in both locales, there were far fewer than expected. For example, family obligation variables were usually significant in the predicted directions for the United States data, while this was almost never the case for the Canadian data. Furthermore, some variables often assumed to predict remittance behavior were insignificant in both locations. This study concludes by considering possible explanations for these results, as well as discussing the need for additional theoretical work and data collection in the area of immigrant remittance activity.     

Poisson-Driven Stationary Markov Models

ABSTRACT

We propose a simple yet powerful method to construct strictly stationary Markovian models with given but arbitrary invariant distributions. The idea is based on a Poisson-type transform modulating the dependence structure in the model. An appealing feature of our approach is the possibility to control the underlying transition probabilities and, therefore, incorporate them within standard estimation methods. Given the resulting representation of the transition density, a Gibbs sampler algorithm based on the slice method is proposed and implemented. In the discrete-time case, special attention is placed to the class of generalized inverse Gaussian distributions. In the continuous case, we first provide a brief treatment of the class of gamma distributions, and then extend it to cover other invariant distributions, such as the generalized extreme value class. The proposed approach and estimation algorithm are illustrated with real financial datasets. Supplementary materials for this article are available online.     

Prediction of sports injuries in football: a recurrent time-to-event approach using regularized Cox models

AStA Advances in Statistical Analysis - Data-based methods and statistical models are given special attention to the study of sports injuries to gain in-depth understanding of its risk factors and...     

The Role of Peer Social Capital in Educational Assimilation of Immigrant Youths*

The academic achievement of immigrant children has been a focus of social research for decades. Yet little attention has been paid to peer social capital and its importance as a school context factor for the academic success of immigrant youths. Using multilevel data from the National Longitudinal Study of Adolescent Health (Waves 1 and 3), this article draws upon social capital theory and assimilation theory to examine the effects of peer social capital on the academic achievement and attainment of immigrant and native youths. The effects of three measures of peer social capital are studied, controlled for many important variables, for example, sociodemographic background variables, school characteristics, and family social capital. Results indicate that only the average GPA (grade point average) of peers had a consistent and significant effect on children's achievement and attainment, whereas the density and the homogeneity of the peer network did not. Furthermore, all three measures of peer social capital have stronger effects for immigrant youths than for native youths.     

Colorism and School-to-Work and School-to-College Transitions of African American Adolescents

Using multinomial logistic modeling, the current study estimated the impact of skin tone on school-to-work and school-to-college transitions of African American youths. The findings suggest that African American males with the lightest skin tone were more likely to find a job and to be in college than their co-racial peers with darker skin tones. The odds of finding a full-time job were also significantly higher for African American females with the lightest skin tone. Generally, the multivariate results reveal that among the effects examined in this study, the family background factors, marital status, prior achievement, and average school socioeconomic status matter the most.