Does supporting employees' career adaptability lead to commitment,turnover, or both?

Today, employees are encouraged to become more career‐resilient and engage in career development activities to deal with changes in required knowledge, skills, and abilities, and to facilitate their mobility. This study found that participation in decision making (PDM) and autonomy, along with supervisory career support (information, advice, and encouragement), fostered this career adaptability. These practices were also positively associated with commitment and negatively with intentions to leave. However, career adaptability was positively associated with both commitment and intentions to leave, suggesting some unintended consequences for management approaches supporting career adaptability. Implications for research and practice are discussed. © 2005 Wiley Periodicals, Inc.     

The rise and fall of deficit in Japan, 1965–1990

This paper investigates the fifteen-year period when the Japanese government deficit (defined as the deficit bond issues to the general budget) rose sharply and shrank to zero. Our main contribution is to differentiate the budget “plan” and the “actual” (ex post) budget in order to distinguish intention and surprise. From 1976 to 1979, deficit bonds were considered to be deliberately increased, because of little surprise (deviations of actual from planned budget) in deficits for these years. The deficit ratio was brought down in the 1980s, mainly by freezing expenditures at the nominal level and waiting for bracket creeps in taxes to catch up. Beyond a trend increase in the 1970s and a trend decrease in the 1980s, the Japanese government acted to pursue a fiscal expenditure fine-tuning.     

Remittances and the Dutch Disease: Evidence from the Republic of Moldova

This paper analyzes the linkage between exports, real effective exchange rates, and workers’ remittances in the Republic of Moldova based on impulse response functions through a vector autoregressive model. We find that an inflow of remittances leads to an appreciation of real exchange rate and a decline of exports, but the magnitude is small. Another finding is that the exchange rate appreciation does not affect remittance transfers for the first three-quarters.     

Feeling Vulnerable? Disclosure of Vulnerability in the Charismatic Leadership Relationship

The current conceptual paper explores the role of vulnerability in the charismatic leadership relationship. “Sharing vulnerability” is defined as communicating an experience to followers, in which the leader was hurt emotionally, physically, or spiritually. We argue that sharing vulnerability may be an important mechanism through which leaders develop relationships with their followers and increase attributions of charisma. We also note several likely preconditions for sharing vulnerability, including humility, self‐awareness, and the courage to acknowledge imperfections. Further, we highlight that when leaders disclose emotions, it creates opportunities for followers to connect with leaders at an emotional level. Followers, in turn, may perceive increased psychological safety, be more willing to trust the leader, and be more motivated to engage in building a more egalitarian leader–follower relationship. Therefore, we propose sharing vulnerability as a potential avenue for building more compassionate and caring leader–follower relationships.     

Trade Creation Effects of Regional Trade Agreements: Tariff Reduction versus Non‐tariff Barrier Removal

This study uses the most disaggregated tariff line‐level trade data in a large number of countries in the world to empirically decompose the trade creation effects of regional trade agreements (RTAs) into those owing to tariff reduction and those owing to non‐tariff barrier (NTB) removal. Specifically, utilizing our detailed dataset, we employ the standard gravity equation and identify those effects by estimating the trade creation effects of RTAs for ineligible and eligible products for RTA preferential schemes separately. Our major findings are as follows. First, for the whole sample, there are significantly positive trade creation effects owing to tariff reduction while the effects for NTB removal are weak. Second, the trade creation effects of tariff reduction and NTB removal are substantially large in the case of trade among low‐income countries but weak among high‐income countries.     

A Case-based Reasoning Approach for Supporting Facilitation in Online Discussions

Group Decision and Negotiation - In online discussion platforms, participants gather to discuss the effective approaches to solve the common issues they face. To facilitate these discussions...