Differential Overeducation in East and West Germany: Extending Frank's Theory on Economic Returns Changes the Picture of Disadvantaged Women

We test the theory of differential overeducation which predicts that women and particularly partnered women are more affected by overeducation than men. Our OLS and FE estimations based on German SOEP data confirm that women indeed exhibit more years of excess education in both regions. Women's higher educational mismatch accounts for 5 pp of the West German pay gap. However, women suffer lower wage penalties from overeducation than men in both regions and, for partnered people, higher female wage penalties vanish in the FE estimations. Hence, women are more rationed than men concerning overeducation magnitude, confirming Frank's theory, but rather less disadvantaged with respect to economic returns.     

CANDY ELASTICITY: HALLOWEEN EXPERIMENTS ON PUBLIC POLITICAL STATEMENTS

We conducted experiments during trick‐or‐treating on Halloween in a predominantly liberal neighborhood in the weeks preceding the 2008 and 2012 presidential elections. We decorated one side of a house porch with McCain material in 2008 (Romney material in 2012) and the other side with Obama material. Children were asked to choose a side, with half receiving the same candy on either side and half receiving more candy to go to the McCain/Romney side. This yields a “candy elasticity” of children's political support. Results vary by age: children ages nine and older were two to three times more likely to choose the Republican candidate when offered double candy for voting Republican compared to when offered equal candy, whereas children ages eight and under were particularly sticky and did not waver in their choice of candidate despite the offer of double candy. (JEL C93, D72, D12)     

Figured Worlds in the Field of Power

This article seeks to deepen our understanding of how structural relations of power should be understood in local accounts of activity and identity. Thus, we critically review the synthesis of Bourdieu and activity theory in Figured Worlds, analyzing two critiques of Bourdieu: his insufficient localism and his overemphasis on embodiment of habitus. We are left with Bourdieu’s overwhelming concern to explain how the field of power is locally refracted and critique its doxa in a field of opinion, while arguably doing so at the expense of imagination, self-authoring, and world making. We conclude with our own suggestions of a synthesis.     

Cultural Intermediaries and the Media

This article provides an introduction to, and makes a case for, cultural intermediaries as an entry point for the study of media and cultural production. We offer a strategic parsing of the conceptual foundations provided by Bourdieu with regard to cultural intermediaries and the media, loosely organized in terms of where they are located (working in media); the means of accomplishing their role (working with media); and their economic role in promoting consumption (the work of mediation). We then follow the translation of the concept from Bourdieu to a cultural economy approach that is concerned with the material practices involved in the formation of value. A review and comparison of substantive findings from a range of cultural economic case studies of cultural intermediary occupations serves as an introduction to a three-fold approach that might guide future studies of occupations in cultural industries, in terms of: historicizing occupations, material practices, and assessments of impact. Finally, we conclude with a claim for the utility of ‘cultural intermediaries’ as a way to think about cultural production, and highlight areas in which work remains to be done.     

‘The Hidden Holocaust’: The East Timor Alert Network (ETAN) and Human Rights Claims in Canada, 1985–1998

This article examines the East Timor Alert Network's (ETAN) claims-making strategies regarding support for human rights and self-determination of East Timor during the Indonesian occupation from 1975–1998. This research seeks to understand how ETAN attempted to persuade Canadians to care about a geographically distant horror. I examine various claims-making strategies that ETAN used to encourage Canadian audiences to evaluate the problem as an object of public concern, the Timorese as victims deserving of their sympathy, and Canadian government as condemnation-worthy.     

The effect of unconditional preferences on Sen’s paradox

Theory and Decision - Sen’s Liberal paradox describes a conflict between weak Pareto, minimal liberalism, and either transitivity or a best element over a domain of individual preferences....     

Ambiguity in the Cross-Section of Expected Returns: An Empirical Assessment

This article estimates and tests the smooth ambiguity model of Klibanoff, Marinacci, and Mukerji based on stock market data. We introduce a novel methodology to estimate the conditional expectation, which characterizes the impact of a decision maker’s ambiguity attitude on asset prices. Our point estimates of the ambiguity parameter are between 25 and 60, whereas our risk aversion estimates are considerably lower. The substantial difference indicates that market participants are ambiguity averse. Furthermore, we evaluate if ambiguity aversion helps explaining the cross-section of expected returns. Compared with Epstein and Zin preferences, we find that incorporating ambiguity into the decision model improves the fit to the data while keeping relative risk aversion at more reasonable levels. Supplementary materials for this article are available online.     

Probability density estimation via an infinite Gaussian mixture model: application to statistical process monitoring

Summary.  The primary goal of multivariate statistical process performance monitoring is to identify deviations from normal operation within a manufacturing process. The basis of the monitoring schemes is historical data that have been collected when the process is running under normal operating conditions. These data are then used to establish confidence bounds to detect the onset of process deviations. In contrast with the traditional approaches that are based on the Gaussian assumption, this paper proposes the application of the infinite Gaussian mixture model (GMM) for the calculation of the confidence bounds, thereby relaxing the previous restrictive assumption. The infinite GMM is a special case of Dirichlet process mixtures and is introduced as the limit of the finite GMM, i.e. when the number of mixtures tends to ∞. On the basis of the estimation of the probability density function, via the infinite GMM, the confidence bounds are calculated by using the bootstrap algorithm. The methodology proposed is demonstrated through its application to a simulated continuous chemical process, and a batch semiconductor manufacturing process.     

A longitudinal study exploring the relationships between occupational stressors, non-work stressors, and work performance

There is a lack of intricate research into the relationships between work performance and other variables. This study examined the causal relationship between work, non-work stressors, and work performance. Using longitudinal multi-group data from three groups—university staff, trainee nurses, and part-time employees (overall N=244)—structural equation modelling was employed to explore one-way and reverse competing models. The results produced a good fitting model with one-way causal paths from work-related and non-work stressors (time 1) to job performance (time 2). Nested model comparison analysis provided further evidence to support this best fitting model, emphasizing the strong influence that non-work factors have within the workplace. This study has important implications for theory, methodology and statistical analysis, and practice in the field of work-related stressors and performance.