Childhood exposure to the Second World War and financial risk taking in adult life

Adverse childhood experiences might have long-lasting effects on decisions under uncertainty in adult life. Merging the European Survey on Health, Ageing and Retirement with data on conflict events during the Second World War, and relying on region-by-cohort variation in war exposure, we show that warfare exposure during childhood is associated with lower financial risk taking in later life. Individuals who experienced war episodes as children hold less – and are less likely to hold – stocks, but are more likely to hold life insurance, compared to non-exposed individuals. Effects are robust to the inclusion of potential mediating factors, and are tested for nonlinearity and heterogeneity. Moreover, we provide evidence of hedonic adaptation to war, as high and low intensity of war exposure have comparable long-term effects. We also document that war exposure in childhood increases sensitivity to financial uncertainty since exposed-to-war individuals are less likely to hold stocks after periods of high volatility. Finally, we shed light on the most likely mechanism in the relationship between war exposure and financial risk taking – i.e., enhanced sensitivity to uncertainty – and we show that preferences, and not beliefs, channel this relationship.     

Trends in college students’ mental health diagnoses and utilization of services, 2009–2015

Abstract

Objective: To examine changes in diagnoses/treatment for 12 mental health (MH) conditions, previous use of campus MH services, and willingness to seek MH services in the future. Participants: ACHA–NCHA II participants from 2009 to 2015 (n?=?454,029). Methods: Hierarchical binary logistic regression with step 1 controlling for demographics and step 2 considering time. Results: Time was significant except for bipolar disorder, bulimia, and schizophrenia with increases for all conditions except substance abuse. Anxiety (OR?=?1.68), panic attacks (OR?=?1.61), and ADHD (OR?=?1.40) had the highest odd ratios. Use of MH services at current institution (OR?=?1.30) and willingness to utilize services in the future (OR?=?1.37) also increased over time. Conclusions: Based on a national sample, self-reported diagnoses/treatment of several MH conditions are increasing among college students. This examination of a variety of MH issues can aid college health professionals to engage institutional stakeholders regarding the resources needed to support college students’ MH.     

Antenatal care utilisation among Syrian refugees in Tehran: A respondent driven sampling method

AimTo assess the antenatal care utilisation among Syrian refugees in Tehran.MethodsThis cross-sectional study was performed in 2016 in Tehran. As the refugees live in the city, we used Respondent Driven Sampling method for finding participants. Data were collected from interviews by a newly graduated Syrian general practitioner.FindingsIn total, 231 women participated in the study. The mean (standard deviation) number of antenatal care visits was 3.73 (1.41) and 131(56.7%) women received at least four visits. The mean (standard deviation) number of antenatal care visits was higher among women with four or more living children compared with those with four or more: 3.47 (1.35); 95% confidence interval 3.28 to 3.66 vs. 2.82 (1.64); 95% confidence interval 2.25 to 3.40, p = 0.01. The mean (standard deviation) number of antenatal care visits was higher among women whose spouses had academic degrees compared with those with lower education: 4.13 (1.37); 95% confidence interval 3.86–4.40 vs. 3.28 (1.31); 95% confidence interval 3.05–3.52, p < 0.001.ConclusionsAntenatal care utilisation of Syrian women in Tehran complied with neither national guidelines of Iran nor the recommendations of World Health Organization. However, antenatal care utilisation of Syrian women in Tehran was higher than the main destinations of Syrian refugees. Syrian women kept their own cultural behaviour in terms of antenatal care utilisation.     

Family identification facilitates coping with financial stress: A social identity approach to family financial resilience

Family financial stress research has typically examined negative effects of deprivation on mental health, which in turn erode financial coping. While this work acknowledges family support’s role in buffering these effects, it has typically overlooked how family identification can act to structure the experience of, and response to, economic challenge. We adopt a Social Identity approach, arguing that family identification predicts increased social support and improved well-being, which predicts more effective coping with financial problems. We explore this in two community surveys (N = 369; N = 187). In the first we show that stronger family identification and support predict better well-being, which predicts better evaluation of economic coping. In the second we replicate these findings, and also show that the relationship between well-being and financial distress is fully mediated by perceptions of ‘Collective Family Financial Efficacy’. These findings point to a more positive understanding of how family cohesion can promote mental well-being/resilience.     

Theorizing income inequality in the face of financial globalization

Based on an extended post-Keynesian model, we find that the association between the savings rate and income inequality is negative if savers’ funds are borrowed by spending households for consumption but positive if savings are channeled to investing firms for production. A negative association, such as the one that exists in the U.S., hinges on an income illusion created by an asset bubble and cheap credit. Thus, financial globalization leads consumption and income inequality to diverge, and the divergence is more extreme if lower-income groups have higher debt ratios. A positive association, such as the one that exists in China, relates to liquidity constraints faced by consumers such that consumption inequality closely follows income inequality. Our results imply that income inequality must be reduced in both types of countries to increase savings in deficit economies with negative associations and to reduce savings in surplus economies with positive associations.     

基于人工神经网络的在线设备状态监测系统的研究(英文)

研究了基于人工神经网络在线设备状态监测系统,简要介绍了人工神经网络的基础理论,描述了基于人工神经网络在线设备状态监测系的结构和工作过程,给出该系统对卷烟机MK9-5的状态监测和故障诊断的结果。实验结果表明,将多层前馈人工种经网络用于设备在线状态监测具有较好的效果,并可对设备故障进行可靠诊断。     

1949年国民党上海市银行的接收清理与结束

上海市银行于1929年由上海市政府设立,是国民党政府时期的一家典型地方政府银行。上海解放后,根据新民主主义经济政策的规定,被新中国政府列入接管的范围。1949年原国民党上海市银行被接收、清理和结束表明,原上海市银行的体制、机制、组织人事,更多地带有政府机关的特征,其业务经营也主要服务于原上海地方政府的财政收支及日常运作,这是该银行的基本属性使然。上海市银行与四行二局往来联系较密切,是整个官僚资本金融体系的重要组成部分。     

《劳动合同法》对企业成本影响的测算方法与实证研究——金融危机下的应急措施

<劳动合同法>实施以来,在国内学术界和实业界引起了轩然大波.2008年以来,一些企业的倒闭、搬迁,更将这部立意颇好的法律推到了风口浪尖.针对实施<劳动合同法>对企业成本影响的问题,采用分层目录抽样方法,抽取了珠三角、粤东、粤西、粤北地区13个具有代表性的城市,不同类型、不同行业共650户企业进行调研,运用成本测算直接法和间接法,对广东调研企业成本进行统计测算.测算结果显示,广东实施<劳动合同法>对企业人均人工成本的影响区间为2.54%～4.90%,用调研事实澄清了社会上流传的10%～70%的谬误.还从政府、企业和员工角度分别提出在实施<劳动合同法>过程中应对金融危机的对策,为各级政府和企业决策提供依据.     

金融中介成本与经济增长--基于中国分区数据的实证研究

很多研究表明,金融中介发展和经济增长之间关系的问题存在多种不同结论。本文以1979—2004年各省统计数据为基础,运用实证方法探讨中国金融中介成本与经济增长速度之间的关系。结果表明我国金融中介成本与经济增长之间呈微弱相关性,在某些特定条件下还是负相关。结果还表明经济繁荣地区的金融中介成本与经济增长关系比经济发展地区、经济落后地区要强．文章对此现象进行了一定程度的解释。     

轻重学说在汉武帝时的实践和发展——兼论耿寿昌的常平仓制度

轻重学说旨在增收国家财政,这一性质使其成为封建政府解决财政危机的重要工具。西汉武帝政府面对＂县官空虚＂的财政状况,不仅把＂立币,国铜＂、＂官山海＂、＂敛之以轻,散之以重＂等轻重理论运用于增收国家财政的实践,还在实践中发展了这种学说。轻重学说在宣帝时耿寿昌的常平仓制度中亦有体现。