Financial stress,sovereign debt and economic activity in industrialized countries: Evidence from dynamic threshold regressions

We analyze how the impact of a change in the sovereign debt-to-GDP ratio on economic growth depends on the level of debt, the stress level on the financial market and the membership in a monetary union. A dynamic growth model is put forward demonstrating that debt affects macroeconomic activity in a non-linear manner due to amplifications from the financial sector. Employing dynamic country-specific and dynamic panel threshold regression methods, we study the non-linear relation between the growth rate and the debt-to-GDP ratio using quarterly data for sixteen industrialized countries for the period 1981Q1-2013Q2. We find that the debt-to-GDP ratio has impaired economic growth primarily during times of high financial stress and only for countries of the European Monetary Union and not for the stand-alone countries in our sample. A high debt-to-GDP ratio by itself does not seem to necessarily negatively affect growth if financial markets are calm.     

Academic labour,journal ranking lists and the politics of knowledge production in marketing

In this paper, we engage with the rising importance of journal ranking lists. We explore the pressure these place on marketing academics and the politics of knowledge production, stressing academic game-playing, careerism, and paradigmatic homogeneity. We appreciate that scholars are disciplined by these lists, their line managers, and reaffirm list power through their own patterns of self-management. Nonetheless, marketing academics should avoid making the naïve assumption that the appearance of a paper in a highly rated journal necessarily serves as a proxy for ‘quality’. Publication in a particular outlet does not transform the ultimate contribution being made in any substantive fashion. We provide an extensive critique of the function and impact of journal lists. However, it is also recognised that these are very important for members of the marketing community. As such, we explain our reasons for contesting the recent regrading of the Journal of Marketing Management (JMM) by a prominent journal list and underline the changes that have been made to the Journal since the beginning of the current editorial term. Finally, the support of prominent scholars among our thought community for the policies being implemented is highlighted and we underscore the rigour of contributions to the Journal, the review process, the rising citations, downloads and truly global readership of the JMM.     

Moderating effects of presenteeism on the stress-happiness relationship of hotel employees: A note

This research note investigates the moderating effects of presenteeism on the stress-happiness relationship of 358 hotel employees in Sabah, Malaysia. The results support the moderating role of presenteeism in the relationship between stress and happiness. More specifically, the findings identify the presence of a non-monotonic relationship between perceived stress and happiness over the range of the degree of presenteeism. Contributions and limitations of the study are identified and discussed.     

大学生足球裁判员心理压力成因及对策研究

大学生初步担任足球裁判员,面临较大的心理压力,这种心理压力产生的外在因素有来自比赛球员、教练员、观众、天气状况、场地等因素的压力;内在因素有业务水平、体能、职业道德、思想动机气质与性格等因素的压力.过大的心理压力不得于大学生做好足球执法工作,就当通过提高理论水平、实践能力、心理素质和身体素质,以消除大学生足球裁判员的心...     

中国和印度规范荷载组合的对比

改革开放三十年来,中国经济发生翻天覆地的变化,各行各业也得到了蓬勃发展,工程建设行业纷纷走向国际市场。印度是一个巨大的市场,基础设施的建设存在很大发展空间。在国内各大公司进军印度市场的设计市场时,不免会遇到印度规范的问题。本人参与多年的印度电厂的设计工作,对印度结构规范有了一些了解,本文就中印两国规范的荷载组合进行对比分析,希望对大家在进军印度设计市场时有点帮助。     

地下室墙板环境温度应力有限元分析

建立地下室墙板有限元模型,并且地下室外墙四周和底板底部受到土壤的弹性约束,研究了在气候变化下地下室外墙和底板引起的温度应力。通过有限元分析,绘制出气候变化过程中温度应力的分布情况,以及定性的总结出温度应力随墙体长度和底板厚度变化的规律。     

挤扩支盘灌注桩技术及其应用研究

挤扩支盘灌注桩是最新的一种土建施工方法,为了能够很好地推广应用此方法,文章首先对分析了挤扩支盘灌注桩的结构模型和其形成机理,其次对其桩身的受力原理进行了详细分析,然后结合施工案例得出了挤扩支盘灌注桩在施工过程中的注意要点和挤扩支盘灌注桩的优点。     

飞机发动机吊装实训平台安全性论证

以理论力学,材料力学,机械设计基础为理论依据,通过对发动机在安装状态和在吊装状态时的受力分析,计算论证了飞机发动机吊装实训平台的安全性。并且经过实践检验和无损检测的鉴定,进一步证明了飞机发动机吊装实训平台的安全可靠性。     

商业银行信用风险与宏观经济——基于压力测试的研究

本文采用压力测试框架,研究了宏观经济波动对商业银行信用风险的影响。文章以不良贷款率度量信用风险,以名义GDP增长率、广义货币供应量（M2）增速、居民消费价格指数（CPI）以及房地产销售价格指数作为宏观经济变量,建立了合适的宏观压力测试模型。在GDP增速放缓、CPI上升、M2增速下降的压力情景下,预测了2011年第一季度到第四季度的不良贷款率的变化路径。实证结果表明在压力情景下商业银行的不良贷款率将会显著上升。     

Investigating the immediate and long-term effects of job stressors on frontline service employees

Two studies investigate the immediate and long-term effects of job stressors on frontline service employees (FSEs). Using cognitive appraisal theory, we develop and test a conceptual model of two job stressors (crowding and emotional labor) that affect coping strategies and job outcomes. Study 1, which is a field experiment, investigates the immediate effects of crowding in a single firm. Study 2 extends the findings of Study 1 and investigates the long-term effects of emotional labor and crowding on FSEs across multiple firms. The results show that crowding has a negative impact on coping strategies and job-related outcomes. In addition, emotional labor can lead to long-term negative outcomes, such as emotional exhaustion and decreased job retention, for some FSEs. Consequently, service organizations should consider strategies or tactics that prevent high levels of customer crowding and help FSEs deal with emotional labor.