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1 – 10 of over 83000Zeyu Xing and Rustam Ibragimov
Rapid stock market growth without real economic back-up has led to the 2015 Chinese Stock Market Crash with thousands of stocks hitting the down limit simultaneously multiple…
Abstract
Rapid stock market growth without real economic back-up has led to the 2015 Chinese Stock Market Crash with thousands of stocks hitting the down limit simultaneously multiple times. The authors provide a detailed analysis of structural breaks in heavy-tailedness and asymmetry properties of returns in Chinese A-share markets due to the crash using recently proposed robust approaches to tail index inference. The empirical analysis points out to heavy-tailedness properties often implying possibly infinite second moments and also focuses on gain/loss asymmetry in the tails of daily returns on individual stocks. The authors further present an analysis of the main determinants of heavy-tailedness in Chinese financial markets. It points out to liquidity and company size as being the most important factors affecting the returns’ heavy-tailedness properties. At the same time, the authors do not observe statistically significant differences in tail indices of the returns on A-shares and the coefficients on factors affecting them in the pre-crisis and post-crisis periods.
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Discusses the paradox of the desire for petroleum products to resist degradation in use and yet be readily biodegradable as waste products. Offers four suggestions on how to…
Abstract
Discusses the paradox of the desire for petroleum products to resist degradation in use and yet be readily biodegradable as waste products. Offers four suggestions on how to reduce microbial susceptibility in use.
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Robert J. Thornton and Judith A. McDonald
Using a unique data set from the National Association of Colleges and Employers (NACE), we estimate the gender starting-salary gap for college graduates from 2000 to 2010…
Abstract
Using a unique data set from the National Association of Colleges and Employers (NACE), we estimate the gender starting-salary gap for college graduates from 2000 to 2010. Simulation techniques are used to estimate how the salary gap would change if women had selected the same majors or job types as men. We find that about 90% of the starting-salary gap is explainable by gender differences in majors and types of job offers – a higher percentage than found in most other studies. Duncan indexes of dissimilarity also indicate that the gender distributions of job offers by college major and type of first jobs have not become more similar over the past 10 years. Although differences in college major and types of first jobs explain most of the gender gap in starting salaries of college graduates, small but unexplained gender pay differences reveal themselves in the NACE statistics.
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Yaw A. Debrah and Ian G. Smith
Presents over sixty abstracts summarising the 1999 Employment Research Unit annual conference held at the University of Cardiff. Explores the multiple impacts of globalization on…
Abstract
Presents over sixty abstracts summarising the 1999 Employment Research Unit annual conference held at the University of Cardiff. Explores the multiple impacts of globalization on work and employment in contemporary organizations. Covers the human resource management implications of organizational responses to globalization. Examines the theoretical, methodological, empirical and comparative issues pertaining to competitiveness and the management of human resources, the impact of organisational strategies and international production on the workplace, the organization of labour markets, human resource development, cultural change in organisations, trade union responses, and trans‐national corporations. Cites many case studies showing how globalization has brought a lot of opportunities together with much change both to the employee and the employer. Considers the threats to existing cultures, structures and systems.
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Catherine E. Ross, Terrence D. Hill and John Mirowsky
Despite mixed evidence, researchers often suggest that married adults tend to live generally healthier lifestyles than their unmarried counterparts. In this chapter, we propose…
Abstract
Purpose
Despite mixed evidence, researchers often suggest that married adults tend to live generally healthier lifestyles than their unmarried counterparts. In this chapter, we propose and test a reconceptualization of the health lifestyle that distinguishes between “homebody” risks and “hedonic” risks that may help to make sense of previous findings concerning marriage and health-related behavior.
Methodology/approach
Using data from the 2004 Survey of Adults (n = 1,385), we employ ordinary least squares regression to model indices of normative and conventional homebody risks (greater body mass, infrequent exercise, poorer diet, and abstinence from alcohol) and unconventional and potentially dangerous hedonic risks (smoking, heavy drinking, going out to bars, eating out, inadequate sleep, and driving without seatbelts) as a function of marital status.
Findings
Our key findings indicate that married adults tend to score higher on homebody risks and lower on hedonic risks than never married adults, net of controls for age, gender, race/ethnicity, citizenship, interview language, education, employment status, household income, and religious involvement.
Research limitations/implications
Research limitations include cross-sectional data, restricted indicators of health-related behavior, and narrow external validity.
Originality/value
Contrary to previous research, we conclude that the lifestyle of married adults is not uniformly healthy.
C.D. DALGLIESH, P.A. BOWEN and R.C. HILL
Housing delivery systems have been classified as developmentally‐orientated or conventionally‐orientated. It has been claimed that a developmentally‐orientated approach to…
Abstract
Housing delivery systems have been classified as developmentally‐orientated or conventionally‐orientated. It has been claimed that a developmentally‐orientated approach to building procurement would encompass the parameters of community empowerment and participation in design, job creation via the development process, and economically and environmentally‐sustainable procurement (Taylor & Norval 1995). New building procurement systems display an increasing awareness of sustainability, but concentrate on economic and social sustainability, as opposed to environmental sustainability. The purpose of this paper is to document and evaluate the extent to which issues of environmental sustainability have been incorporated in the delivery of affordable housing in South Africa. The paper elaborates on a range of relevant principles for sustainable construction, which incorporate: minimisation of resource use; maximisation of reuse of resources; maximisation of use of renewable and recycled resources; use of non‐toxic materials; protection of nature; achievement of quality criteria; and promotion of labour intensive methods, skills training and capacity enhancement of local people. The authors examine the extent to which the principles of environmental sustainability have been applied, both in practice and in the formulation of South African housing policy. Finally, recommendations are made for the application of criteria for environmental sustainability in the delivery process of affordable housing in South Africa.
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