Family-Enterprise Initiatives as a Response to Socioeconomic and Political Change in Eastern and Central Europe

It is argued that family business enterprises can be an adaptive response to the transformations that recently have characterized Eastern and Central Europe. Family-centered initiatives are important for sustainable socioeconomic development. In this article, a family-enterprise incubator scheme for the stimulation of family and socioeconomic development is discussed. This approach incorporates resources, services, and supports beyond those conventionally offered.     

Preferences of the Central Bank of Brazil under the inflation targeting regime: Estimation using a DSGE model for a small open economy

The main objective of this paper is to estimate the preferences of the Central Bank of Brazil after the inflation targeting regime (January 2000 to December 2013), using a DSGE model with microeconomic foundations for a small open economy, based especially on the work of Kam et al. (2009). The model used in this study considers that the Central Bank minimizes a loss function, taking into account the deviation of inflation from its target, output stabilization, the interest rate smoothing and, unlike the previous works, the exchange rate. The results show that the major concern of the monetary authority in the period was the stabilization of inflation, followed by interest rate smoothing, exchange stabilization and, finally, output stabilization. The large value for the exchange rate smoothing parameter suggests the presence of fear of floating in the Brazilian case. An improved inflation targeting strategy should allow for less Central Bank intervention in the exchange rate market.     

央行沟通对于货币政策实际干预的预测能力研究

信息沟通有助于公众理解和预测货币政策的实际干预,进而提高货币政策有效性。研究中国人民银行的信息沟通对实际政策干预的预测能力需要解决沟通文本的测度问题,同时考虑实际政策干预多工具并用的复杂性。基于此,本文通过文本分析方法提取《货币政策执行报告》的信息,进而考察央行沟通对于货币政策实际干预的预测能力。研究表明,整体而言,市场对中国人民银行“听其言”有助于“观其行”。具体来看,央行沟通对于直接可控的基准利率和存款准备金率具有持续的预测能力,但对于市场利率的预测能力较差,对于M2增长率的预测甚至存在方向不一致的情况。     

THE POLITICAL ECONOMY OF TIME IN THE INTERNET ERA: FEMINIST PERSPECTIVES AND CHALLENGES

This paper examines the gender matrix of time, arguing for cross-disciplinary consideration of political economy, globalization and technology to achieve a detailed understanding of gendered hierarchies of time and the ways in which public/private identifications of social space and time have variously constructed and maintained them. It is argued that women are alienated from their own time, which is identified as most legitimately allocated to the service of others both in the home and at work. The inter-relationship of technologies and gendered identities is explored in relation to public/private divisions and the political-economic and scientific-technological knowledge processes that contribute to upholding them. ICTs reflect these historically established gendered patterns, but international projects such as 'Women on the Net' also demonstrate the capacities of these technologies for disrupting the gender matrix of time through their use by women for women.     

TRANSFORMING DISCOURSE INTO PRACTICE: COMPUTERHYSTORIES AND DIGITAL CULTURES AROUND 1984

This paper discusses some theoretical approaches to the question of how culture, technologies and the social interact. These considerations result from the author' research in the genesis of digital cultures in the 1980s. The paper begins by outlining the author' research project, and then continues with a discussion of some of the most influential approaches in the cultural studies of technology.This article then presents a small sample of the author' analysis, which combines narratological and discourse analytical methods with practice-oriented cultural theories, such as those of Pierre Bourdieu, Régis Debray and Bruno Latour.     

Engendering Global Democracy

The inadequacies of hegemonic liberal democratic ideas and institutions have been exposed by feminist theorists focusing on the marginalisation of women and by global theorists examining the impact of globalisation. These theorists have developed two distinct sets of reconstructive strategies that, until very recently, have remained in ignorance of each other. Further, both feminist and global democratic schemes have been dogged by problems in terms of their theorisation of power, politics, agency and change. Recent feminist arguments about citizenship and governance go some way to bringing together concerns about gender inequality and globalisation, but they remain centred on states and the states-system as vehicles for democratic representation and participation. This article argues that a more radical reconstructive strategy can be derived from debates about the democratisation of feminism itself. Drawing on the responses of black and third world feminists to racism in the white-dominated feminist movement, and examining their influence on efforts to organise transnationally, the article points to innovative ways of thinking about power, politics, agency and change. Together these amount to a democratic framework which has applicability beyond feminist organising and which confronts the marginalisations of both gender and globalisation.     

Modern Myths

This article outlines some basic characteristics of modern myths that fundamentally differ from the traditional myths on which most myth research is based, namely: their relation to time, and their relation to themselves. The article also takes a closer look at the implications these differences have for our present state of Being. The aim is not to offer yet another variation on the academic discussion of myths, but rather to provide a starting point for further discussion about the peculiarities and impacts pertaining to modern myths.     

How to Make the Law Work? Budgetary Implications of Domestic Violence Laws in Latin America,Central America,and the Caribbean

SUMMARY

This study focuses on budgetary implications of domestic violence (DV) laws in the Latin American, Central American, and Caribbean (LAC) region. It is based on a survey of literature and data on DV legislation, literature reviews on the social and economic costs of DV, and an analysis of policies on DV in the region based on a survey of nonprofits working on DV in the region. The study shows DV is not being mainstreamed into ministerial budget line items as would be expected following the passage of law. There is clearly a difference between what is ratified in laws and the implementation of activities that follows those decisions. Funding for DV programs is insufficient to reach the entire target population and address the magnitude of the problem. Even after laws were passed, major sources of funding for DV services have continued to be discretionary funds from the ministries' budgets and international donor funds.     

On the Product of Inverse Wishart and Normal Distributions with Applications to Discriminant Analysis and Portfolio Theory

Abstract. In this article we analyse the product of the inverse Wishart matrix and a normal vector. We derive the explicit joint distribution of the components of the product. Furthermore, we suggest several exact tests of general linear hypothesis about the elements of the product. We illustrate the developed techniques on examples from discriminant analysis and from portfolio theory.     

Limit theorems for dependent Bernoulli variables with statistical inference

We consider a class of dependent Bernoulli variables where the conditional success probability is a linear combination of the last few trials and the original success probability. We obtain its limit theorems including the strong law of large numbers, weak invariance principle, and law of the iterated logarithm. We also derive some statistical inference results which make the model applicable. Simulation results are exhibited as well to show that with small sample size the convergence rate is satisfying and the proposed estimators behave well.