Parental Borrowing for Dependent Children’s Higher Education

Using the 1992–1993 Baccalaureate and Beyond Longitudinal Study, with the 1997 follow-up, the parental decision to borrow and, for borrowers, the level of borrowing for dependent children’s college education was analyzed. Parents with smaller household size and those being college graduates borrowed greater amounts. White parents borrowed greater amounts than their non-White counterparts. The age of the student, dependent students’ income and parents’ cash and savings each had a significant negative impact on the amount parents borrowed, while home equity was a significant positive factor. Greater college costs significantly increased parents’ decision to borrow, as well as the borrowed amount. Greater amounts of grants significantly reduced the amount borrowed.     

Passive versus active parental permission in school-based survey research: does the type of permission affect prevalence estimates of risk behaviors?

This study investigates whether the type of parental permission affects prevalence estimates for risk behaviors from the national 2001 Youth Risk Behavior Survey. Participants were 13,195 students from 143 schools, of which 65% used passive permission and 35% active permission. Student participation rates were 86.7% in passive permission schools and 77.3% in active permission schools. For 24 of 26 behaviors tested, no significant differences were seen in the prevalence of risk behavior by type of parental permission. As long as high response rates are obtained, type of parental permission does not affect prevalence estimates for risk behaviors that are based on self-report.     

Adolescent and adult alcohol attitudes in a high alcohol consumption community

The study examines alcohol-related attitudes among adolescents and adults in a high consumption community, exploring whether adolescents and adults hold similar or different views regarding adolescent drinking. Data were gathered from adults in a Midwestern city via random telephone survey of 487 adults (30% with children under the age of 21). Students in grades 6-12 (n = 558) also completed a youth version of the survey in classrooms. Results indicated that becoming a parent was associated with more restrictive attitudes about adolescent alcohol use, regardless of the age of their children. Adolescents aged 14 to 17 had the least restrictive attitudes. Adults aged 18 to 24 (who were not parents) reported values similar to older adolescents. Younger adolescents, while similar to older adolescents in perception of community alcohol problems, were more like parents and older adults in attitudes about adolescent drinking. Both adolescents and adults greatly overestimated actual amounts of community adolescent binge drinking.     

Practical guide to sample size calculations: non‐inferiority and equivalence trials

A sample size justification is a vital part of any trial design. However, estimating the number of participants required to give a meaningful result is not always straightforward. A number of components are required to facilitate a suitable sample size calculation. In this paper, the steps for conducting sample size calculations for non‐inferiority and equivalence trials are summarised. Practical advice and examples are provided that illustrate how to carry out the calculations by hand and using the app SampSize. Copyright © 2015 John Wiley & Sons, Ltd.     

Practical guide to sample size calculations: superiority trials

A sample size justification is a vital part of any investigation. However, estimating the number of participants required to give meaningful results is not always straightforward. A number of components are required to facilitate a suitable sample size calculation. In this paper, the steps for conducting sample size calculations for superiority trials are summarised. Practical advice and examples are provided illustrating how to carry out the calculations by hand and using the app SampSize. Copyright © 2015 John Wiley & Sons, Ltd.     

Practical guide to sample size calculations: an introduction

A sample size justification is a vital step when designing any trial. However, estimating the number of participants required to give a meaningful result is not always straightforward. A number of components are required to facilitate a suitable sample size calculation. In this paper, the general steps are summarised for conducting sample size calculations with practical advice and guidance on how to utilise the app SampSize. Copyright © 2015 John Wiley & Sons, Ltd.     

Minimum Scoring Rule Inference

Proper scoring rules are devices for encouraging honest assessment of probability distributions. Just like log‐likelihood, which is a special case, a proper scoring rule can be applied to supply an unbiased estimating equation for any statistical model, and the theory of such equations can be applied to understand the properties of the associated estimator. In this paper, we discuss some novel applications of scoring rules to parametric inference. In particular, we focus on scoring rule test statistics, and we propose suitable adjustments to allow reference to the usual asymptotic chi‐squared distribution. We further explore robustness and interval estimation properties, by both theory and simulations.     

SYSTEMIC AND IDIOSYNCRATIC SOVEREIGN DEBT CRISES

The theoretical literature on sovereign defaults has focused on adverse shocks to debtors' economies, suggesting that defaults are of an idiosyncratic nature. Still, sovereign debt crises are also of a systemic nature, clustered around panics in the financial center, such as the European Sovereign Debt Crisis in the aftermath of the US Subprime Crisis in 2008. Crises in the financial centers are rare disasters and, thus, their effects on the periphery can only be captured by examining long episodes. In this paper, we examine sovereign defaults from 1820 to the Great Depression, with a focus on Latin America. We find that 63% of the crises are of a systemic nature. These crises are different. Both the international collapse of liquidity and the growth slowdown in the financial centers are at their core. These global shocks trigger longer default spells and larger losses for investors.