Can the baseline search and matching model quantitatively explain Okun’s law?

Okun’s Law is an empirically observed, negative relationship between changes in an economy’s unemployment rate and its growth rate of output. The baseline search and matching model with stochastic labour productivity fails to match the Okun’s coefficient, because it generates a too low unemployment volatility and a too high correlation between labour productivity and unemployment. The model is capable of matching the coefficient if it is extended with an addition of employment separation shocks plus a high calibrated value of nonmarket activities. This article also shows that changes in the stochastic properties of exogenous shocks could explain changes in the Okun’s coefficient in the Great Moderation (1984–2007).     

Does history repeat itself? Economic development and policy convergence in Vietnam and South Korea

With one of the world's fastest rates of economic growth since the 1990s, Vietnam could be seen as Asia's next tiger economy. This study examines whether there has been policy convergence between the older East Asian developmental state model of economic development and that adopted by Vietnam. The economic development trajectories of South Korea and Vietnam are compared to identify similarities and differences. It was found that while policy convergence is evident there is also some divergence between the two countries.     

Work–Family Effects of Servant Leadership: The Roles of Emotional Exhaustion and Personal Learning

This study examined how servant leadership influences employees in terms of work-to-family conflict (WFC) and work-to-family positive spillover (WFPS). These effects were explored through a focus on the mediating roles of emotional exhaustion and personal learning. The results, which were based on time-lagged data collection in China, indicated that employee perceptions of servant leadership related negatively to WFC and positively to WFPS. Moreover, reduced emotional exhaustion and enhanced personal learning mediated the relationship between servant leadership and WFPS. Furthermore, reduced emotional exhaustion (but not enhanced personal learning) mediated the relationship between servant leadership and WFC. Our study’s results provide insightful theoretical and managerial implications and offer new directions for research on leadership and work–family relations.     

“I know I can,but I don't fit”: Perceived fit,self-efficacy,and entrepreneurial intention

While extant literature generally suggests a positive relationship between entrepreneurial self-efficacy and entrepreneurial intention, several moderators have been identified – suggesting possible boundary conditions on that relationship. This paper introduces perceived person-entrepreneurship fit to entrepreneurship and shows that it moderates the relationship between entrepreneurial self-efficacy and entrepreneurial intention. Three studies are conducted which illuminate the utility of randomized experiments and methodological approaches to address limitations in the interpretation of empirical results. Studies 1 and 2 are randomized experiments to examine causality; Study 3 contains two correlational surveys to triangulate the results by examining whether the proposed effects withstand the influence of confounding variables in real-life. The findings indicate that when a strong perception of fit with entrepreneurship is achieved, entrepreneurial intention is strongly predicted by entrepreneurial self-efficacy. In contrast, if one perceives a low level of fit or no fit, entrepreneurial intention will be low, regardless of entrepreneurial self-efficacy.     

The Locational and Functional Behavior of U.S. Autoparts Suppliers

The free trade agreement with Mexico was expected to help U.S. autoparts suppliers move southward to take advantage of low labor cost, but this has not yet happened. We can find explanations for this rather perplexing phenomenon through analyzing the outcome of a postal survey conducted just before the North American Free Trade Agreement (NAFTA) went into effect. The responses from the suppliers highlight the apparent hierarchy in the lean produc-tion system and its impact on the location choices of the parts-manufacturing firms. Despite advances in transportation and telecommunication technologies, the need to maintain short distance with respect to customers is still the single most important consideration in their decision-making. Given the reluctance on the part of the vehicle assemblers, a mass migration of suppliers to Mexico seems unlikely, although it is true that they are quite attracted to the low wages offered south of the border.     

The young generations’ conceptualisation of cultural tourism: colonial heritage attractions in South Korea

This study investigates how the younger generation conceptualise cultural tourism attractions associated with modern history in contemporary South Korea. Particular attention in this study is given to heritage attractions built in the Japanese colonising past. By analysing data obtained through a Multiple Sorting Procedure, this study identifies the underlying facets of heritage attractions the younger generation consider to be important when appreciating the heritage attractions. This study examines the socio-psychological properties and meanings that the heritage attractions communicate with respect to young Koreans’ sense of national identity. This study found that a range of constructs emerged in understanding heritage attractions. Social and political meanings embedded in the heritage attractions become a key determinant in appreciating heritage attractions with respect to a sense of national identity. These findings from South Korea suggest invaluable messages that can inform our understanding of, and planning regenerating negative-natured heritage attractions for tourism in contemporary society.     

Insiders maintain voice: A psychological safety model of organizational politics

We present a psychological safety model of organizational politics to account for the effects that exposure to organizational politics has on voice behavior. In particular, we hypothesize that psychological safety mediates the negative relation between organizational politics, as perceived by employees, and their voice behavior. Moreover, we examine the extent to which perceived insider status alleviates the main effect of organizational politics and the indirect effect of psychological safety. Using a sample of 283 supervisor–subordinate dyads in six electronic companies at two time points in China, our results fully support the hypotheses and provide new directions for politics and voice research.