Divergence Period in the European Convergence Process

This paper presents the analysis of sigma (σ) and unconditional beta (β) convergences of per capita GDP among the ten European countries which accessed the European Union in 2004. Our results confirm the existence of both types of convergence in the second half of the 1990s and the 2000s, whereas in the first half of the 1990s, the countries rather diverged or at least did not converge. Generally, the poorer and new EU member states grew faster than the richer new EU member states. As a result, the income gap between these countries has decreased although it still remains quite large. The convergence occurred at the rate of 2.87% during the years 1995–2006 and 3.23% during 1996–2006.

The Family Ties of Unmarried Cohabiting and Married Persons in the Netherlands

Using a nationally representative survey (N = 4,612), we analyze whether there is a difference in the Netherlands between cohabiting and married persons with regard to the frequency of contact with one’s own family as well as the parents of the partner. Clustered regression analyses show that, as expected, cohabiting persons have less contact with family members. Results are consistent with the selection perspective, which attributes the lower levels of contact to background characteristics, influencing the orientation of the cohabiting toward family. The uncertainty perspective, which attributes the lower levels of contact with the parents of the partner to the greater uncertainty regarding the stability of cohabiting relationships, is partially supported.     

The impact of tourism and finance on women empowerment

The Goal-5 of United Nations Development Agenda for gender equality and women empowerment through equalizing the ratio of girls and boys enrolment in primary education remains suffered in almost every part of the globalized world, which does not even violate the basic human rights while it is the mandatory foundation for global peace and prosperity. The contribution of international tourism development to empower women is the key initiative of the developed world to provide an equal opportunity to the women to sustain their livelihoods. This study focused on the role of international tourism development on women empowerment through mediating a number of financial factors in a panel of 24 selected European countries, over a period of 1990–2015. The results show that financial intermediaries act as a catalyst to empower women through international tourism. More specifically, tourism and financial factors promote (i) gender parity in tertiary enrollment, (ii) gender parity in primary and secondary school enrollment, (iii) female employment, and (iv) women’s share in non-agriculture wage employment, while the results further support the (i) growth-led tourism, (ii) finance-led growth, (iii) growth stimulate women empowerment, and (iv) tourism-induced women’s empowerment hypothesis across countries.     

Getting out of the European Paradox trap: Making European research agile and challenge driven

The ‘European Paradox’ encapsulates concerns that although European research institutions play a leading role in terms of top-level scientific output, they lag behind in their ability to convert this strength into successful innovations in the market. This paradox and the related intriguing problematic aspects of European research institutions have inspired a significant number of research papers, reports and studies by academics, innovation think tanks and the European Commission itself. In this position paper, we review the literature on the European paradox, identify gaps and contradictions in the understanding of the actual situation and discuss possible ways of moving forward towards a European research and innovation system that taps into diversity and complementarity of resources as a competitive innovation advantage.     

Brexit and the Future of the Left

The referendum on British membership in the European Union divided not only the society in the UK but also the left both in Britain and all over the continent. This division however is produced not so much by this specific debate but by a deeper problem of the left capitulating ideologically and accepting neoliberalism as something objectively inevitable (even without publically recognizing it), replacing class struggle by ‘progressive’ cultural values that themselves form an essential part of the new capitalist hegemony. Leftist intelligentsia with its cultural critique of capitalism is no alternative to the current system, rather it is one of its pillars. While class division was very visible in the Brexit vote, with the working class and poor massively voting for ‘Leave’, most of the left either sided with the establishment or was wavering. Thus the success of the ‘Leave’ vote can be claimed by nationalists. Even after this political disaster instead criticizing itself leftist intelligentsia is blaming the people for being provincial and not accepting their progressive European values. However it was exactly the mass of common people in England who by voting for ‘Leave’ contributed to the formation of the new European agenda. Overcoming and unmaking bureaucratic, authoritarian, and neoliberal EU institutions is the only way to progress towards the making of a new democratic Europe.     

Risk-minimizing pricing and hedging foreign currency options under regime-switching jump-diffusion models

This article mainly investigates risk-minimizing European currency option pricing and hedging strategy when the spot foreign exchange rate is driven by a Markov-modulated jump-diffusion model. We suppose the domestic and foreign money market floating interest rates, the drift, and the volatility of the exchange rate dynamics all depend on the state of the economy, which is modeled by a continuous-time hidden Markov chain. The model considered in this article will provide market practitioners with flexibility in characterizing the dynamics of the spot foreign exchange rate. Using the minimal martingale measure, we obtain a system of coupled partial-differential-integral equations satisfied by the currency option price and find the corresponding hedging strategies and the residual risk. According to simulation of currency option prices in the special case of double exponential jump-diffusion regime-switching model, we further discuss and show the effects of the parameters on the prices.     

中国英语教育改革路径之探索——基于《欧洲语言共同框架》下的德日经验

中、日、德三国英语教育政策均在一定程度上受到《欧洲语言共同框架》的影响,但德、日两国在使用英语"能做事"方面强于中国.基于《欧洲语言共同框架》的教育理念及德、日英语教育改革举措和改革经验,对中国大中小学英语教育不衔接、应试教育背离教育宗旨、母语与外语关系处理不当三大困境进行分析,从教育理念、语言能力培养、大中小学英语教育一条龙、教师职前培养和职后培训、母语与外语关系、考试制度六个方面探索英语教育的改革路径,旨在汲取《欧洲语言共同框架》的精髓和有益经验,走出中国英语教育"不能做事"的困境,让英语成为利国利民的交流工具.     

是尴尬的合作者，还是娴熟的行动者——浅析欧盟理事会决议规则进化中英国的应对策略

英国往往被称为是欧盟中“尴尬的伙伴”,而在欧盟一体化进程中表现消极。英国主要的担忧是过多地参与欧盟一体化会损害其主权。欧盟理事会决议规则进化过程充分显示了成员国向超国家的欧盟机构让渡主权。纵观英国在这一过程中的表现,可以看出其早已意识到了主权削弱的必然趋势,并且在为谋取欧盟进一步深化中更有利位置的实践中显示了自己娴熟的外交斡旋技巧。     

Domestic Supply,Job-Specialization and Sex-differences in Pay

This article proposes an explanation of sex-differences in job-allocation and pay in different institutional contexts. Job-allocation calculations are considered to be related to (1) the distribution of housework and (2) the skill-specialization requirements of jobs. In a context of uncertainty and imperfect information, housework and job-specialization requirements generate a particular incentive structure for each sex. This incentive structure can, however, be altered by governmental action. Welfare policies and services are expected to affect allocation decisions at the micro-level both by reducing the risks of skill-depreciation for women as well as by increasing their intra-household bargaining power. Both effects combined should reduce the economic pay-offs of “traditional” sphere-specialization by sex. This model is tested using a sub-sample of married and cohabiting employees drawn for the second round of the European Social Survey. Results based on nested random-intercept regressions show that sex-differences in job-specialization and housework can explain the wage effects of occupational sex-composition and have a significant direct impact on hourly earnings. Welfare-regime interactions also suggest that the association between housework and earnings is much weaker in societies displaying high levels of defamilialization and decommodification.

Determinants of Work-life Balance: Shortcomings in the Contemporary Measurement of WLB in Large-scale Surveys

Research on work-life balance (WLB) has presented important insights into the problems of combining family aspirations with paid work in relation to policy relevant agendas. Using the ESS II (2004/2005), we examine work-related and household/family-related causes of WLB. We can corroborate other research findings that show that work-related aspects explain by far the largest part of the variation in WLB. However, we illustrate that the measurement of WLB is partly problematic. Because WLB scales conceptualize the work component more specifically than the life component, what ‘life’ means remains rather intangible apart from general references to the ‘home’, ‘housework’ and ‘family responsibilities’. This largely neglects different emic dimensions to WLB common to specific subgroups and renders the measurement rather abstract. Second, the wordings of WLB indicators already include their most probable explanations. There is the danger of a circular argument here and many explanations seem tautological. This makes it difficult to conclude on the effects of other than work-related aspects on WLB, which are, arguably, also important aspects of WLB. Finally, WLB scales hardly correlate with relevant external criteria, for instance subjective well-being. Following from these findings, we discuss what these WLB scales could really measure and propose to broaden quantitative empirical approaches to it.