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1 – 10 of 24Badi H. Baltagi, Georges Bresson, Anoop Chaturvedi and Guy Lacroix
This chapter extends the work of Baltagi, Bresson, Chaturvedi, and Lacroix (2018) to the popular dynamic panel data model. The authors investigate the robustness of Bayesian panel…
Abstract
This chapter extends the work of Baltagi, Bresson, Chaturvedi, and Lacroix (2018) to the popular dynamic panel data model. The authors investigate the robustness of Bayesian panel data models to possible misspecification of the prior distribution. The proposed robust Bayesian approach departs from the standard Bayesian framework in two ways. First, the authors consider the ε-contamination class of prior distributions for the model parameters as well as for the individual effects. Second, both the base elicited priors and the ε-contamination priors use Zellner’s (1986) g-priors for the variance–covariance matrices. The authors propose a general “toolbox” for a wide range of specifications which includes the dynamic panel model with random effects, with cross-correlated effects à la Chamberlain, for the Hausman–Taylor world and for dynamic panel data models with homogeneous/heterogeneous slopes and cross-sectional dependence. Using a Monte Carlo simulation study, the authors compare the finite sample properties of the proposed estimator to those of standard classical estimators. The chapter contributes to the dynamic panel data literature by proposing a general robust Bayesian framework which encompasses the conventional frequentist specifications and their associated estimation methods as special cases.
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Philippe Belley, Nathalie Havet and Guy Lacroix
This paper investigates the links between statistical discrimination, mobility, tenure, and wage profiles in the early career of workers. The model assumes that female workers’…
Abstract
This paper investigates the links between statistical discrimination, mobility, tenure, and wage profiles in the early career of workers. The model assumes that female workers’ productivity is noisier and that the noise/signal ratio tapers off more rapidly for male workers. These two assumptions yield numerous theoretical predictions pertaining to gender wage gaps. These predictions are tested using data from the 1979 cohort of the National Longitudinal Survey of Youth. As predicted, we find that men and women have the same wage at the start of their career, but that female wages grow at a slower rate thus generating a gender wage gap.
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Joe S.C. Au, Gail Taylor and Edward W. Newton
This is the first of two papers in which the design theories underlining the work of contemporary European and Japanese fashion designers are explored. In this paper, four…
Abstract
This is the first of two papers in which the design theories underlining the work of contemporary European and Japanese fashion designers are explored. In this paper, four general, major influential factors are discussed; specifically, the historical factor, the aesthetic factor, the cultural factor and the marketing factor. In order to investigate the underlying design theories of European fashion designers, two European fashion designers with international reputations are discussed, namely, Christian Lacroix and Karl Lagerfeld. These design theories are contrasted with those of two Japanese designers, Issey Miyake and Rei Kawakubo. The images of their customers, sources of inspiration, and possible underlying design theories are analysed with reference to their contemporary work.
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Chitalu Miriam Chama-Chiliba, Mwimba Chewe, Kelvin Chileshe, Hilary Chilala Hazele and Abdelkrim Araar
This paper aims to study the relationship between working while studying in college/university and education mismatch among employed youth in the Zambian labour market.
Abstract
Purpose
This paper aims to study the relationship between working while studying in college/university and education mismatch among employed youth in the Zambian labour market.
Design/methodology/approach
The study uses data from the 2014 School-to-Work Transition Survey and a multinomial logit model to examine three education-mismatch categories: undereducated, matched and overeducated. The paper also examines heterogeneities by education level and gender and uses empirical and subjective approaches of education mismatch.
Findings
The evidence shows that employed youth who worked while studying have a higher likelihood of having well-matched jobs. The subgroup analysis by education level reveals no significant relationship between working while studying among employed youth with higher education (secondary and above). However, employed youth with lower education (primary and lower) are less likely to be mismatched for the job. The linkage between the education system and the labour market needs to be strengthened to support a smoother school-to-work transition for youth. Additional support to enable exposure to the right type of work during youth's college or university studies could increase job match and reduce labour market inefficiencies.
Originality/value
The paper provides insights into a significant challenge faced by youth in developing countries, i.e. finding a suitable job for youth's level of education.
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Maria Cadiz Dyball and Ravi Seethamraju
The paper reports on a study that investigated the (potential) impact of client use of blockchain technology on financial statement audits of Australian accounting firms.
Abstract
Purpose
The paper reports on a study that investigated the (potential) impact of client use of blockchain technology on financial statement audits of Australian accounting firms.
Design/methodology/approach
Data were primarily collected from semi-structured interviews with a range of stakeholders including audit partners from first- and second-tier accounting firms in Australia. The interviews focused on the perceived (potential) impact of blockchain on the stages of obtain (retain) engagement, engagement planning, risk assessment, audit evidence and reporting of financial statement audits of clients that use blockchain technology. Perceptions of changes to financial statement audits were interpreted using the logics of professionalism and commercialism.
Findings
Australian accounting firms have either obtained or considered engagements with clients with a cryptocurrency business or that use a blockchain platform although they are a small group. There is a view that blockchain technology is distinctive and therefore poses risks not encountered before in audit engagements. These risks would most likely shift how firms plan, design audit methodologies and execute financial statement audits. The study showed that the logics of professionalism and commercialism are not conflicting but instead complementary. They present both opportunities and challenges for firms to apply and develop audit expertise in an emerging area in audit.
Research limitations/implications
Being an exploratory study, the findings are tentative. A case study of an audit engagement with a cryptocurrency business will add to a nuanced understanding of the challenges posed to financial statement audits by blockchain technology.
Originality/value
This study is novel because of its focus on the impact of an evolving technology on the stages of financial statement audits.
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The CW’s long-running horror-drama series Supernatural (2005–) has been accused of undoing progressive advances for women made by Buffy the Vampire Slayer (1996–2003). While it’s…
Abstract
The CW’s long-running horror-drama series Supernatural (2005–) has been accused of undoing progressive advances for women made by Buffy the Vampire Slayer (1996–2003). While it’s hard to deny the truth in that claim, Supernatural also problematizes conventional gender roles from a very different approach, one that plays with perceptions of masculinity and social class.
Buffy Summers may initially seem to have more in common with Supernatural’s Sam Winchester, a chosen one with special powers who wants a normal life away from the supernatural. However, Buffy shares more in common with Dean Winchester. Embodying popular gendered stereotypes in their introductions, it’s gradually revealed that there is more complexity to each. Both form alliances with Others; both recognize elements of the Other in themselves. Both transgress conventional gender boundaries, complicating the notion of a binary gender system. Both series introduce the seemingly familiar only to alter it into the uncanny. See the little cute blonde virginal cheerleader? She can kick your ass. See the stupid cocky womanizing jock? All he wants is family and a home. This chapter explores the increasingly gender-blended, social-class-crossing behaviours of Supernatural’s Dean Winchester as an heir to Buffy the Vampire Slayer.
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