A note on pensions and firm performance: First evidence from german micro data

Using a large new data set we present results from the first econometric study of the effects of pensions on firm performance in Germany. We find evidence for positive effects on wages, reduction of labor turnover, training, and profits. We use data from the Hannover Firm Panel Study which was financially supported by the Volkswagen Foundation.     

Data availability in accounting research: Some evidence

The data availability policy of the American Accounting Association is examined to address two research questions: (1) Are data dependent results in The Accounting Review readily available for further inquiry and dissemination of accounting knowledge? (2) What are the potential factors that may account for the availability or the lack of data? Several potential factors including job rank, number of revisions before acceptance, source of data, and funding source are suggested to account for the lack of data availability. The results indicate that, in general, authors are not willing to make their data available to others. We conclude by suggesting some options that may ameliorate the situation.     

Parameter estimation of state space models for univariate observations

This paper contributes to the problem of estimation of state space model parameters by proposing estimators for the mean, the autoregressive parameters and the noise variances which, contrarily to maximum likelihood, may be calculated without assuming any specific distribution for the errors. The estimators suggested widen the scope of the application of the generalized method of moments to some heteroscedastic models, as in the case of state-space models with varying coefficients, and give sufficient conditions for their consistency. The paper includes a simulation study comparing the proposed estimators with maximum likelihood estimators. Finally, these methods are applied to the calibration of the meteorological radar and estimation of area rainfall.     

The Gamma-count distribution in the analysis of experimental underdispersed data

Event counts are response variables with non-negative integer values representing the number of times that an event occurs within a fixed domain such as a time interval, a geographical area or a cell of a contingency table. Analysis of counts by Gaussian regression models ignores the discreteness, asymmetry and heteroscedasticity and is inefficient, providing unrealistic standard errors or possibly negative predictions of the expected number of events. The Poisson regression is the standard model for count data with underlying assumptions on the generating process which may be implausible in many applications. Statisticians have long recognized the limitation of imposing equidispersion under the Poisson regression model. A typical situation is when the conditional variance exceeds the conditional mean, in which case models allowing for overdispersion are routinely used. Less reported is the case of underdispersion with fewer modeling alternatives and assessments available in the literature. One of such alternatives, the Gamma-count model, is adopted here in the analysis of an agronomic experiment designed to investigate the effect of levels of defoliation on different phenological states upon the number of cotton bolls. Data set and code for analysis are available as online supplements. Results show improvements over the Poisson model and the semi-parametric quasi-Poisson model in capturing the observed variability in the data. Estimating rather than assuming the underlying variance process leads to important insights into the process.     

Exploring Social Class: Voices of Inter‐Class Couples

Social class is not often discussed or examined in‐depth in couple and family therapy research and literature even though social class shapes familial relationships and is considered an important variable in marital satisfaction. In this qualitative study, we explored the perceptions of eight couples who made lasting commitments across class lines by asking them about the impact of their social class backgrounds on their relationships. Three categories of themes emerged including: (a) differences and similarities in values and attitudes toward education, work, money, and class awareness/classism, (b) relationship issues involving families of origin, friends, and class‐based couple conflict, and (c) differences in economic resources, social capital and privileges/opportunities. Implications for assessment and treatment of couples are included.     

Relation of Goal Setting and Goal Sharing to Performance and Conflict for Interdependent Tasks

Despite the prevalence of goal setting in organizations, researchers have not thoroughly examined the implications of goal setting to work outcomes in interdependent work settings. A field survey (n= 442) assessed the relation of goal setting and goal sharing, the extent to which others are aware of an individual's work goal, to performance and conflict across varying levels of task interdependence. The results of moderated regression analyses demonstrate that in highly interdependent tasks, the use of goal setting resulted in lower performance levels. Moreover, goal setting and goal sharing in highly interdependent tasks resulted in individuals' reporting more somatic symptoms. The results are discussed in terms of clarifying the role of goal setting for interdependent tasks.     

Perceived discrimination,traditional practices,and depressive symptoms among American Indians in the upper midwest

American Indian adults are thought to experience significant depressive symptoms at rates several times higher than adults in the general population, yet we know very little about factors associated with depressive symptoms among this under studied group. Many researchers have argued that depressive symptoms are associated with conflicts between American Indian traditional cultural values, practices, and beliefs and those of the majority culture. This report, based on a sample 287 American Indian adults from the upper Midwest, takes into account two measures of cultural effects: perceived discrimination, as one indicator of culture conflict, and traditional practices, as a measure of cultural identification. The results indicate that discrimination is strongly associated with depressive symptoms among American Indian adults and that engaging in traditional practices is negatively related to depressive symptoms. Moreover, interaction effects between perceived discrimination and traditional practices indicate that engaging in traditional practices buffers the negative effects of discrimination among those who regularly participate in them.     

Physical exercise and improvements in mental health

1. Walking groups provide activity and support for their members. 2. Exercise competes with anxiety and depression and may diminish these negative affects. 3. Most YMCAs provide financial aid by reducing fees for people with disabilities.