Search results for "General Economics"
showing 9 items of 499 documents
How news affect the trading behavior of different categories of investors in a financial market
2015
We investigate the trading behavior of a large set of single investors trading the highly liquid Nokia stock over the period 2003-2008 with the aim of determining the relative role of endogenous and exogenous factors that may affect their behavior. As endogenous factors we consider returns and volatility, whereas the exogenous factors we use are the total daily number of news and a semantic variable based on a sentiment analysis of news. Linear regression and partial correlation analysis of data show that different categories of investors are differently correlated to these factors. Governmental and non profit organizations are weakly sensitive to news and returns or volatility, and, typica…
More educated, more mobile? Evidence from post-secondary education reform
2016
More educated, more mobile? Evidence from post-secondary education reform. Spatial Economic Analysis. This paper examines the causal impact of the level of education on within-country migration. To account for biases resulting from selection into post-secondary education, it uses a large-scale reform within the higher education system that gradually transformed former vocational colleges into polytechnics in Finland in the 1990s. This reform created quasi-exogenous variation in the supply of higher education over time and across regions. The results based on multinomial treatment effects models and population register data show that, overall, polytechnic graduates have a significantly highe…
Don't tell us: the demand for secretive bahaviour
2009
International audience
Labor market performance of dropouts: the role of personality
2014
Purpose – The purpose of this paper is to provide evidence on labor market careers of dropouts with various levels of education. Design/methodology/approach – The paper compares the labor market careers of dropouts and non-dropouts between ages 15 and 50 by using longitudinal data. The paper analyses how the results change when the authors control for differences in personality characteristics. Findings – The paper finds that dropping out diminishes one's success in the labor market but this connection is reduced when the model is augmented with personality. Dropouts seem to have or lack certain personality characteristics that are associated with labor market success. These findings sugge…
Negative emotional consequences of labour market activation policies for long-term unemployed young adults in Finland
2021
PurposeThis article deals with the negative emotional consequences of active labour market policies (ALMPs) for long-term unemployed young adults in Finland. Although such policies may have positive effects, an exploration of their negative impacts reveals their problematic side effects. We explore various aspects of ALMP interventions that prevent individuals from gaining such positive outcomes and thus reduce their motivation to invest in the policies.Design/methodology/approachDrawing on the affect theory of social exchange, we understand that individuals seek positive rewards from social interactions. Our data is taken from life course interviews with unemployed people aged 20–31 in cen…
A qualitative study of pre-service teachers’ experienced benefits and concerns of using motivational interaction in practice after a training course
2022
This is a pre-print of a published study: Renko, E., Koski-Jännes, A., Absetz, P. et al. A qualitative study of pre-service teachers’ experienced benefits and concerns of using motivational interaction in practice after a training course. Humanit Soc Sci Commun 9, 458 (2022). https://doi.org/10.1057/s41599-022-01484-y Despite its positive effects on physical activity promotion, motivational style of interaction by health professionals is not easily taken up, as shown by meta-analyses of training courses. The concerns professionals experience for taking up the novel skills remain an open question. Preservice physical education teachers were offered a 16-hour training course on motivational i…
Persistency of window dressing practices in the US repo markets after the GFC: The unexplored role of the deposit insurance premium
2022
We investigate whether the regulatory improvements made in the aftermath of the global financial crisis have been effective in limiting bank downward window dressing by means of repos in the United States. We find that a strict application of the Basel III regulation wipes out incentives to engage in window dressing to bolster the level of leverage Tier 1 ratio at quarter-end. We also show that the persistency of window dressing is related to the computation of the Federal Deposit Insurance Corporation assessment base, which motivates banks to engage in window dressing to reduce the deposit insurance premium.
La formation du capital humain : gestion par le marché ou gestion par l'État
1992
Human capital formation : state or market management This paper examines the likely difficulties of the management by the state of the education sector. Concerning the operation of the system, the analysis is based on international comparisons and on the French experience. As a whole the difficulties are linked to the weak accountability and justification in the use of the resources mobilized. This arises from the absence of the regulatory mechanisms as those existing in a market oriented activity. Economist's approach and tools (cost-effectiveness, production theory, ...) can be used as a substitute to such mechanisms. In a same line of argument, the article adresses the issue of external …
Pour une politique de la qualité de l'école primaire en Afrique : évaluation des acquis des élèves en CP et en CM au Togo
1993
Policy decisions in education cannot be made upon opinions and subjectives factors ; this is especially true in African countries where demographic and economic constraints are particularly binding. A key element is to measure the impact of the various factors affecting student learning, even though this step has to be complemented by cost estimates so as to produce cost-efficiency indicators. This papers concerns primary schooling in Togo and aims at documenting the link between school factors on the one hand, pupil achievement on the other. The results have very clear consequences in terms of educational policy since they show that inputs such as school building in concrete or recruitemen…