A Preliminary Examination of Covitality as Integrated Well-Being in College Students

The emergence of positive psychology has generated increased interest about the correlates of positive psychological functioning. Researchers have identified and studied various positive psychological constructs (e.g., hope, optimism, self-efficacy, gratitude, and life satisfaction) and found them to covary and to be positively associated with optimal human functioning and negatively associated with mental illness. This study of 528 college students examined the co-occurrence of selected positive psychological traits and explored their relations with a proposed second-order latent construct called covitality and with psychological well-being. Structural equation modeling examined each first-order positive psychology construct related to the second-order concept of covitality. Findings supported the second-order latent factor model of covitality, which was also significantly related to indicators of psychological well-being. Implications for theory development related to understanding positive human resources and applications within the context of college student populations are discussed.     

Immediate and Longer-Term Connections Between Support and Stress in Pregnant/Parenting and Non-Pregnant/Non-Parenting Adolescents

Despite the substantial amount of literature focusing on social support for pregnant and parenting adolescents, few studies have directly examined the relationships among stress and social support across their transition to parenting. The present study investigates the nature of the relationship between stress and support both before and after the birth of the baby. Two groups of adolescent females (one group facing parenthood and one not) completed measures of support and stress across a 7-month period (N = 231) to coincide with the transition to parenthood. In general, support and stress were negatively related when measured concurrently and positively related over time for parenting adolescents but not the non-parenting group. Understanding how long social support impacts stress will enable practitioners to identify when best to provide interventions for pregnant and parenting adolescents.     

Determinanten des Informationsgehalts von Managementprognosen – eine empirische Untersuchung anhand der DAX und MDAX-Unternehmen

In this article the characteristics and determinants of the information content of management earnings forecasts of the German DAX and MDAX companies between 2002 and 2005 are analyzed. As proxy for the information content I use the precision of the wording of a forecast. I can show that the forecasts of MDAX companies are more precisely formulated than those of DAX companies. Furthermore forecasts are formulated more precisely, when companies have, (1) a lower percentage of intangible assets, (2) lower market capitalization, (3) lower volatility of earnings and (4) a higher need for external financing.     

Upbringing and Socialization in Today's Russia: Risks and Opportunities

Throughout the world there is a growing understanding of information as a most important product of social production, as a constantly growing resource of mankind, as a most valuable and popular commodity in international trade. Information and propaganda based on it have become a powerful means that can be used to solve the most complex problems, including those that have more than once in history led to armed struggle. The tendency toward the increased role of information in the life of society is the basis for the conclusion that under the present conditions of historical competition the socioeconomic system that will win is the one that possesses the higher quality information, that assimilates it faster, in greater volume, and more efficiently for the attainment of mankind's common goals.     

Asymptotic non-null distribution of a test of equality of exponential populations

In this paper further asymptotic expansions of the non-null distribution of the likelihood ratio criterion for testing the equality of several one parameter exponential distributions are obtained when the alternatives are close to the hypothesis. These expansions are obtained for the first time in terms of beta distributions.     

Dynamics of the term structure of interest rates and monetary policy: is monetary policy effective during zero interest rate policy?

The monetary policy targets the short rates; however, during zero interest rate policy (ZIRP), the short end of the yield curve cannot serve as a policy instrument. Relying on the joint yields-macro latent factors model, this study empirically examines the effect of monetary policy stances on term structure and the possible feedback effect on the real sector using the Japanese experience of ZIRP. The analysis indicates that it is the entire term structure that transmits the policy shocks to the real economy rather than the yield spread only. The monetary policy signals pass through the yield curve level and slope factors to stimulate the economic activity. The curvature factor, besides reflecting the cyclical fluctuations of the economy, acts as a leading indicator for future inflation. In addition, policy influence tends to be low as the short end becomes segmented toward medium/long-term of the yield curve. Furthermore, volatility in bond markets is found to be asymmetrically affected by positive and negative shocks and long end tends to be less sensitive to stochastic shocks than the short maturities. The expectation hypothesis of the term structure does not hold during the ZIRP period.     

Optimal Betting in Casino Blackjack II: Back-Counting

The card counting technique known as ‘back-counting’ is treated analytically. The true count at which the back-counter should optimally enter the game is derived, based on maximising his effective yield. That entry count is found to be in the range of +2 to +3 for a typical 6-deck game, depending on the back-counter's risk profile. If he also adopts an ‘exit’ strategy (abandoning play at a table whose true count has dropped below a lower threshold) and optimises the entry and exit counts simultaneously, he can improve his performance slightly further; the optimal exit count is between ? 2 and ? 3. Because the risk of ruin is very low, he may in addition choose to bet more aggressively than he would if not back-counting—or, conversely, to ‘flat bet’. Criteria are examined for ‘departure’ (abandoning the observation of a table whose true count has yet to reach the entry threshold).     

Order statistics from the linear-exponential distribution,part I: increasing hazard rate case

For the linear-exponential distribution with increasing hazard rate, exact and explicit expressions for means, product moments and percentage points of order statistics are obtained. Some recurrence relations for both single and product moments of order statistics are also derived. These recurrence relations would enable one to obtain all the higher order moments of order statistics for all sample sizes from those of the lower order