A profile Godambe information of power transformations for ARCH time series

Due to Godambe (1985 Godambe, V.P. (1985). The foundation of finite sample estimation in stochastic processes. Biometrika 72:419–428.[Crossref], [Web of Science ®] , [Google Scholar]), one can obtain the Godambe optimum estimating functions (EFs) each of which is optimum (in the sense of maximizing the Godambe information) within a linear class of EFs. Quasi-likelihood scores can be viewed as special cases of the Godambe optimum EFs (see, for instance, Hwang and Basawa, 2011 Hwang, S.Y., Basawa, I.V. (2011). Godambe estimating functions and asymptotic optimal inference. Stat. Probab. Lett. 81:1121–1127.[Crossref], [Web of Science ®] , [Google Scholar]). The paper concerns conditionally heteroscedastic time series with unknown likelihood. Power transformations are introduced in innovations to construct a class of Godambe optimum EFs. A “best” power transformation for Godambe innovation is then obtained via maximizing the “profile” Godambe information. To illustrate, the KOrea Stock Prices Index is analyzed for which absolute value transformation and square transformation are recommended according to the ARCH(1) and GARCH(1,1) models, respectively.     

Poverty affects access to regular source of primary care among the general population in Hong Kong

A territory‐wide two‐stage stratified random sample of 2,282 community‐dwelling Hong Kong adults were surveyed between 2014 and 2015 to investigate the association between poverty and regular source of primary care utilization. Poverty was operationalized by income‐poverty and deprivation. About 94% of our sample reported having regular source of primary care (Western and/or Chinese medical practitioner) and about 69% among them were in private sector. Multivariable logistic regression showed that people who were income‐poor and deprived were less likely to have regular source of primary care (income‐poor: OR = 0.523, p = .027; deprived: OR = 0.488, p = .007) and visit private primary care doctors (income‐poor: OR = 0.445, deprived: OR = 0.222, both p < .0001). Those who had chronic diseases were more likely to have regular source of primary care (multimorbid: OR = 10.709, p < .0001), but less likely to access care in the private sector (one chronic disease: OR = 0.690, p = .019; multimorbid: OR = 0.374, p < .0001) than those without. Further, being older and less skilled were significantly associated with less likelihood of visiting a private doctor. Path analysis showed that the number of chronic diseases had significant indirect effect on having regular source of primary care with being income‐poor and deprived as the mediators (β = ?.0183, p = .0016). Therefore, despite a public health‐care system that aims to deny no one from adequate health care for lack of means, regular source of primary care in Hong Kong is found to be pro‐rich. Future policies should tackle the problem of health‐care inequalities to meet the needs of the underprivileged.     

SERVICE TYPOLOGIES: A STATE OF THE ART SURVEY

Services comprise an ever-expanding source of employment in the world's economies and are of significant interest to both academicians and practitioners. In this study, historical perspectives from which to view service typologies are provided and four decades of service typologies are chronicled. The interest in services demonstrated by academicians is tracked over time as are the purposes for which typologies have been developed. A unified schematic representation of services is developed in which the common themes underlying service typology development are identified from both a macro and micro level. Based on this study, areas for future research are identified.     

A Cross‐Ethnic Study of Adolescents' Depressed Mood and the Erosion of Parental and Peer Warmth During the Transition to Young Adulthood

This 1‐year longitudinal study investigated the effects of adolescents' depressed mood on perceived parental and peer warmth during the transition to young adulthood. We hypothesized that ethnicity would moderate such effects. As part of a larger study, 511 adolescents (154 European, 205 Hispanic, and 152 Asian Americans) participated in this research. They were surveyed shortly before their high school graduation and again 1 year later. Analyses based on 2‐wave cross‐lagged models showed that higher levels of initial depressive symptoms predicted lower levels of subsequent perceived parental and peer warmth for European Americans. For Asian Americans, higher initial depressed mood was significantly associated with lower levels of perceived peer warmth and was marginally associated with lower levels of parental warmth. In contrast, the erosion of parental and peer warmth was not evident for Hispanic Americans. The role of culture in the erosion of parental and peer warmth during life transitions was discussed.     

Case report: a work simulation program for a manual worker with a fracture injury

Work rehabilitation programs targeting different client groups are available in nearly all major hospital occupational therapy departments in Hong Kong. Clients receiving work rehabilitation are referred from various out-patient clinics and other occupational therapists. Those clients experience limitation in work after their injuries or diseases and plan to return to work after rehabilitation. Program objectives are 1) to assist clients to reach maximum work capacity as rapidly as possible 2) to ensure clients return to work safely 3) to improve clients' work readiness. This case report describes an individualized work simulation program at a general hospital in Hong Kong provided for a typical client who is preparing to return to his worker role. Specific job analysis, goals and program rationale for the client are discussed.     

Inventory placement problems in dynamic supply chains

Summary  In this paper a basic model for analyzing the inventory placement problem in a supply chain is developed. The problem will be studied for a capacitated, multi-stage supply chain facing a continuous, stochastic demand for a single period for a single product — a specialty item with a very short selling season. The objective is to maximize the probability of achieving a set profit level. We prove that finding an optimal stock investment at the stages entails solving a mixed binary integer linear program. We characterize properties of the stock investment, examine two interesting cases where the stock investments have a simple structure, and develop a branch and bound approach for solving the more general case.

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Zusammenfassung  In diesem Beitrag wird ein Grundmodell entwickelt, um das Problem der Lagerplatzierung in einer Lieferkette analysieren zu k?nnen. Das Problem wird für eine kapazitierte mehrstufige Lieferkette untersucht, wobei unterstellt wird, dass es um die Nachfrage nach einem einzigen Produkt für eine einzige Periode (einen Sonderartikel mit sehr kurzer Verkaufszeit) geht und diese Nachfrage stetig und stochastisch ist. Unter diesen Bedingungen soll die Wahrscheinlichkeit maximiert werden, ein vorgegebenes Gewinnniveau zu erreichen. Die Suche nach der optimalen Vorratsinvestition auf den Stufen der Lieferkette führt zur Formulierung eines gemischten ganzzahligen linearen Programmierungsproblems mit Bin?rvariablen. Die Eigenschaften der Bevorratungsinvestition werden charakterisiert, zwei interessante F?lle mit einer einfachen Struktur der Bevorratungsinvestition untersucht und ein Branch-and-Bound-Ansatz zur L?sung eines allgemeineren Problemfalls entwickelt.

     

Family planning in Taiwan, Republic of China: Progress and prospects

Abstract The family planning programme in Taiwan is considered to have been most successful and has been systematically evaluated. In the light of some expressed scepticism, however, its impact on fertility will have to be carefully reviewed. The present article discusses six specific problems : How many women have accepted the Lippes loops or pills offered in the programme ? How long will the loop stay in utero ? What proportion of married women is currently wearing the loops ? What changes have occurred in the knowledge-attitude-practice (KAP) of family planning among the target population ? How many births have been prevented by the IUD programme ? And finally, How much has fertility declined ? The fertility decline in Taiwan has been accelerating since the programme started in 1964. Approximately 40% of the decline in the birth rate, from 36.3 in 1963 to 27.7 in 1969, or 8.5 points per 1,000 in six years, however, was due to changes in age structure and delayed marriage. An increasing proportion of girls of marriageable age and a possible increase in the fecundability of the population will work against the programme's objective. Concerted efforts and heavier investment are essential for the final success of the programme.     

Work Discrimination and Coping Strategies: Conceptual Frameworks for Counseling Lesbian,Gay, and Bisexual Clients

Two conceptual models are proposed in this article—one for work discrimination and the other for discrimination coping strategies pertaining to lesbian, gay, and bisexual workers. The work discrimination model includes 3 dimensions (formal vs. informal, potential vs. encountered, and perceived vs. real). The coping strategies model outlines methods that deal with potential and encountered discriminations. It includes vocational choice and work adjustment strategies; the latter are further categorized under identity management or discrimination management strategies.     

Comparative Ignorance and the Ellsberg Paradox

We investigate the evaluation of known (where probability is known) and unknown (where probability is unknown) bets in comparative and non-comparative contexts. A series of experiments support the finding that ambiguity avoidance persists in both comparative and non-comparative conditions. The price difference between known and unknown bets is, however, larger in a comparative evaluation than in separate evaluation. Our results are consistent with Fox and Tversky's (1995) Comparative Ignorance Hypothesis, but we find that the strong result obtained by Fox and Tversky is more fragile and the complete disappearance of ambiguity aversion in non-comparative condition may not be as robust as Fox and Tversky had supposed.