Female Labor Participation in the Arab World: Evidence from Panel Data in Morocco

Female Participation Rates (FPRs) in the Arab world are low compared with the level of economic development of Arab countries. Beyond anecdotal evidence and cross‐country studies, there is very little evidence on what could explain this phenomenon. This paper models FPRs in Morocco using the richest set of panel data available for any Arab country to date. It finds marriage, secondary education, and GDP per capita to lower FPRs. These findings are robust to different estimators, endogeneity tests, specifications of the FPR equations, and sources of data. The explanation seems to reside in the nature of economic growth and gender norms. Economic growth has not generated jobs for women with secondary education and this factor reinforces the institution of marriage as a permanent alternative to work.     

The “Tiering” of Citizenship and Residency and the “Hierarchization” of Migrant Communities: The United Arab Emirates in Historical Context

The local population of the United Arab Emirates (UAE) constitutes less than 11.5 percent of the total population. In response to their growing numerical minority status, many Gulf Cooperation Council (GCC) states, including the UAE, have become more stringent about their citizenship, nationality, and employment policies. The natural questions to follow are: Why have UAE nationality and citizenship laws diverged from the anticipated “opening” of nationality and citizenship policies that some assumed would accompany globalization? In the specific context of the UAE, what factors have shaped and changed these policies over time?     

The Effect of Microcredit on Women Empowerment in Welfare and Decisions Making in Malaysia

Microcredit is perceived as an effective tool to empower women, especially those who are deprived of accessing financial services. However, the literature has arrived with contradictory evidence and demonstrates that the effect of microcredit may partially or not empower women. This study intends to examine whether the access to Amanah Ikhtiar Malaysia (AIM) affects several aspects of empowerment in urban Malaysia. A cross-sectional survey was distributed to 474 old and new clients to examine the effect of microcredit on women empowerment in decision-making process and resource controlling. Based on the propensity score matching, our result shows that the access to AIM microcredit affects positively women’s monthly income. In addition, microcredit empowers women borrowers in a set of household decisions making including mobility, daily expenditure, children school, health expenditure and loan order decision.     

History of perinatal loss and maternal–fetal attachment behaviors

BackgroundMaternal–fetal attachment (MFA) is an important requirement for optimal maternal–infant adaptation. Current studies showed conflicting findings about whether a history of perinatal loss (fetal/neonatal death) affects maternal attachment in pregnancy.Research question“Does a history of perinatal loss affect maternal–fetal attachment behaviors?”MethodsOne hundred women with and without a history of PL were recruited using a convenience method of sampling, from prenatal care services affiliated to Shahid Behesti University of Medical Sciences. Data collected by questionnaires from a convenience sample of multiparous women in the 3rd trimester of pregnancy with no surviving children were compared with data from a selected cohort of primigravid women. The two groups of women were matched for health and literacy. The data collected included demographic characteristics and responses to 24 questions in five groups of behaviors on the Persian version of Cranly's Maternal–Fetal Attachment Scale. Data were analyzed by SPSS 13 and using t, ANOVA, Chi square, Pearson correlation and Mann–Whitney tests.FindingsFinding showed that total score of MFA for women with a history of PL (68.95 ± 9.20%) is not significantly different from this score for women without such a history (71.22 ± 11.75%; p < 0.05). Women with a history of PL had a significantly lower score for a subgroup of behaviors “differentiation of self from fetus” compared to women without of a history of PL (78.25 vs. 83.21%; p < 0.05). But, there were no statistically significant differences between two groups respecting to other subgroups of behaviors between two groups.ConclusionIn this study, a history of pregnancy loss was found to be associated with disturbances in the group of maternal–fetal attachment behaviors related to “differentiation of self from fetus” in a subsequent pregnancy.     

A general location model with zero-inflated counts and skew normal outcomes

This paper proposes an extension of the general location model using a joint model for analyzing inflated counting outcomes and skew continuous outcomes. A zero-inflated binomial with batches of binomials or a zero-inflated Poisson with batches of Poissons is proposed for counting outcome and a skew normal distribution is assumed for continuous outcome. The EM algorithm is developed for estimation of parameters. The accuracy of estimations is evaluated using a simulation study. An application of our models for joint analysis of the number of cigarettes smoked per day and the weights of respondents for the American's Changing Lives study is enclosed.     

Optimal payment time under permissible delay in payment for products with deterioration

A permissible credit period is usually allowed to a retailer to pay back the dues without paying any interest to the supplier. The retailer can pay the supplier either at the end of the credit period or later incurring interest charges on the unpaid balance for the overdue period. The retailer is expected to settle the account at a time before the end of the inventory cycle time because the payable interest rate is generally higher than the earned interest rate. A model for optimal cycle and payment times is developed here for a retailer in a deteriorating-item inventory situation where a supplier allows a specified credit period to the retailer for payment without penalty. Under these conditions, this supplier-and-retailer system is modelled as a cost minimization problem to determine the optimal payment time under various system parameters. An iterative search procedure is applied to solve the problem, and the overall findings indicate that the retailer always has an option to pay after the permissible credit period depending on unit purchase and selling price, the deterioration rate of the products and the interest rate.     

Corporate governance and market performance of parent firms following equity carve-out announcements

Using the Gompers, Ishii, and Metrick corporate governance index on a sample of 158 parent firms, this study demonstrates that firms with a superior governance rating have a higher short-term market reaction to carve-out announcements relative to firms with an inferior governance rating. Although the data supports previous evidence regarding negative long-term market reaction that parent firms typically experience following equity carve-outs, the results show that well-governed firms marginally outperform others. The findings also confirm that the dynamic effects related to improvements in corporate governance positively affect the long-term market outcome of parent firms; this relation is more significant in well-governed parent firms. Finally, the study shows evidence that corporate governance helps mitigate the agency problems related to the financing hypothesis, which results in better short and long-term market reactions following carve-out announcements.     

An evaluation of the population and development program in Egypt

Previous rural surveys analyzing the impact of the Egyptian Population and Development Program on KAP variables (knowledge, attitudes, and practices of contraception) have produced mixed results. In 1982 a survey specifically designed to measure program impact contained refinements in questionnaire measurement, sampling, and analysis. Each refinement intensified the apparent program impact. Fertility itself still appears unresponsive, and attitudes toward family size have changed little, but marked differences between program and nonprogram areas in contraceptive knowledge, attitudes, and practice suggest imminent fertility declines in program areas.     

Tweet, tweet, tweet: A content analysis of nonprofit organizations’ Twitter updates

Many of the relationship cultivation strategies and the dialogic principles assume symmetrical communication is taking place. However, significant amounts of information are shared in a one-way manner. Although they have fallen out of favor with many academics, the four models of public relations can provide significant insights into how organizations communicate. Using the models as the guiding framework, this brief study examines how nonprofit organizations from the Philanthropy 200 communicate on Twitter. The findings reveal that the organizations are more likely to use one-way models despite the potential for dialogue and community building on the social networking site.     

Corporate governance and the market reaction to stock repurchase announcement

This paper investigates the effect of corporate governance on market reaction around of a stock repurchase announcement. We argue that corporate governance affects the ability of a stock repurchase to alleviate agency costs related to free cash flows, and the credibility of the undervaluation signal sent by the announcement of buyback programs. We find a higher 3-day cumulative abnormal return to programs announced by firms with better corporate governance practices than those with bad governance (1.6% and 0.85% respectively), and the market reaction is significantly higher following the successive scandals in year 2001 (Enron, Arthur Anderson, WorldCom??) and the resulting Sarbanes?COxley Act of 2002. Further investigations indicate that firms with a lower Free Cash Flow to Asset ratio have a higher market reaction, which is consistent with the information signaling hypothesis, and this is more significant in firms with good governance practices, and following post Sarbanes?COxley Act.