Search results for "Econometric"

Where Did the Money Go? Endogenous Money Creation for International Fraudulent Purposes - The Case of the 2015 Moldovan Banking Scandal

2015

On Monday 4 May 2015, the speaker of Parliament of the Republic of Moldova published the Kroll report on his Internet blog after thousands of people rallied on Sunday 3 May in the capital, Chisinau, to protest against endemic corruption in the country, and demand recovery of the missing billions in the Ilan Shor group scandal. The Kroll report aims at investigating the apparent theft of nearly one-fifth of the country's annual GDP. In a spectacular lender-of-last resort move, the Moldovan central bank was forced to issue some 16 billion lei ($870 million) in emergency loans to keep the economy afloat. The Kroll report focuses on three commercial banks that account for a third of the country…

Predictors of time famine among Finnish employees - Work, family or leisure?

2009

The recent survey data indicates that the time famine is a common experience among employees, while the data of time use indicates increased leisure time. Similarly, there are different views on the causes of time famine. Firstly, in working life research time famine is usually explained by increasing requirements of work life. Secondly, in gender studies time famine is considered to be a product of family obligations. Thirdly, some authors interpret time famine as a phenomenon relating to the intensification of leisure. The aim of the study was to examine the extent and causes of time famine among Finnish employees. The analysis was based on the Finnish Use of Time data (1999–2000) and foc…

Interindividual Differences in Treatment Effects based on Structural Equation Models with Latent Variables: An EffectLiteR Tutorial

2019

The investigation of interindividual differences in the effects of a treatment is challenging, because many constructs-of-interest in psychological research such as depression or anxiety are latent variables and modeling heterogeneity in treatment effects requires interactions and potentially nonlinear relationships. In this paper, we present a tutorial of the EffectLiteR approach (Mayer, Dietzfelbinger, Rosseel, & Steyer, 2016) that allows for estimating individual treatment effects based on latent variable models. We describe step by step how to apply the approach using the EffectLiteR software package with data from the multicenter randomized controlled trial of the Social Phobia…

Economic Theorizing, Discursive Analysis and Pluralism in the Classroom - Evidence from Postgraduate Teaching in a French University

2014

Can students examine the discursive strategies employed by economists so that the former think critically about the underlying theoretical forces described by the latter? Are economic processes ontologically dependent on the narratives used by economists to account for real phenomena? In this article, we draw both on Wheat's mapping techniques to homogenise theoretical economic discourse and on Pilkington's attempt to combine economics with language for specific purposes. We show that informed and fruitful discussions in the classroom necessitate the use of a new median pluralistic discourse that is yet to be elaborated upon, both by university and secondary school teachers. Finally, in ord…

Assessing the previous economic knowledge of beginning students in Germany: Implications for teaching economics in basic courses

2016

Study-related prior knowledge plays a decisive role in business and economics degree courses. Prior knowledge has a significant influence on knowledge acquisition in higher education, and teachers need information on it to plan their introductory courses accordingly. Very few studies have been conducted of first-year students’ prior economic knowledge or differences among students in such knowledge. In this article, the prior economic knowledge and the influence of personal factors on first-year students’ prior economic knowledge are examined. For this purpose, an adaptation of the fourth, revised edition of the American Test of Economic Literacy was administered, which was adapted in 2014…

Gender-specific differences in economic competence

2019

Rosenberg's self‐esteem scale: Two factors or method effects

1999

Self‐esteem is one of the most studied constructs in psychology. It has been measured with a variety of methods and instruments. Although Rosenberg's (1965) self‐report scale is one of the most widely used, empirical evidence on factor validity of this scale is somewhat contradictory, with either 1 or 2 factors. The results of this study suggest the existence of a global self‐esteem factor underlying responses to the scale, although the inclusion of method effects is needed to achieve a good model fit.

Explaining corporate short-termism: self-reinforcing processes and biases among investors, the media and corporate managers

2014

Based on the related literature in economics, organizational sociology and the sociology of finance, this article constructs a novel conceptual explanation for corporate short-termism, that is, the ...

Voice and Culture: A Prospect Theory Approach

2014

The present study examines the congruence of individuals' minimum preferred amounts of voice with the prospect theory value function across nine countries. Accounting for previously ignored minimum preferred amounts of voice and actual voice amounts integral to testing the steepness of gain and loss functions explicated in prospect theory, we use curve fitting to show that ratings of procedural justice fit prospect theory's value function specifically. Further, we investigate the form of this function across nine countries that range in power distance. Results suggest that the form of the value function is congruent with prospect theory, showing an S-shaped curve that is steeper in the loss…

Economic moralities in self-organised alternative economies : the Finnish cases of ridesharing and timebanking

2020

PurposeThis paper explores economic moralities in self-organised alternative economies and argues that the diverse economies approach is particularly useful in elaborating the self-understandings of such economic communities. The analysis focuses on two types of alternative economies in Finland: ridesharing and timebanking.Design/methodology/approachThrough qualitative data, the paper looks into moments of negotiation where economic moralities of self-organised alternative economies are explicitly debated. The main research data consists of social media conversations, supplemented by a member survey for the participants of the studied timebank. The data are analysed through theory-guided qu…