Do Women Have Different Labor Supply Behaviors? Evidence Based on Educational Groups in Uruguay

This study uses Uruguay’s historical fluctuation in real wages to set up a natural experiment to measure the relation between women’s labor supply and wages. Using data from the Continuous Household Surveys of the Uruguayan National Statistics Institute, for 1986–2010, it aims to identify and explain heterogeneity in the labor supply behavior of women with different educational backgrounds. It finds that all women groups seek to optimize their remunerated work allocation throughout their life cycle, although women’s labor behaviors vary depending on educational levels. The rising trend of women’s labor force participation is expected to continue; its implications at the intensive margin are ambiguous and depend on how women conciliate paid work with household responsibilities – especially women with less education. These results could inform present debates about designing public policies to facilitate women’s entry into the labor market and cater to their different wage profiles and household care demands.     

Competing with loyalty: How to design successful customer loyalty reward programs

For industries with low switching costs, customer loyalty programs (LPs) have potential to drive differentiation and sustain a competitive advantage. However, incentives provided through LPs also have a potential to escalate into costly price wars. In this article, we discuss how to design successful customer loyalty reward programs that bring value to participants and that cannot be emulated by competitors easily. We focus on three distinct aspects of improvement: personalization, reward types, and additional services. Through personalization, companies can leverage the knowledge they already have on their customers to tailor offers that they find relevant and appealing. For the reward structure, we argue in favor of a certain degree of opacity. We also encourage loyalty programs to consider giveaways that are unique and difficult to imitate and to use all the information they have available to provide rewards that fit with each customers’ idiosyncratic situation or preference. Finally, competitive LPs should look beyond offers and rewards. In addition to purchases, LPs can reward participants for other desirable behaviors; they can also provide additional services that impose minimal costs on firms, but bring value to customers.     

The determinants of more responsible restaurant food choice in Poland

In the context of emerging markets, restaurant food choice needs to be better architected in order to minimise the negative societal and environmental implications. For effective consumer choice architecture, the determinants of restaurant food choice need to be first established. This study explores the determinants of restaurant food choice in Poland, a transitional economy in East-Central Europe with a rapidly growing pattern of out-of-home food consumption. It finds that the low level of public environmental awareness in Poland translates into low consumer recognition of the environmental implications of restaurant food choice. Although customer preference for locally produced and organic food is recorded, this preference is not associated with public environmental awareness, but attributed to possible media effect. In contrast, the level of public awareness of the health repercussions of restaurant food choice is higher in Poland, especially among younger consumers, which is reflected in the desire to see the nutritional and calorific values of food to be displayed on restaurant menus. Implications for policy-making and hospitality management are discussed.     

“Give and take”: how notions of sharing and context determine free peer-to-peer accommodation decisions

ABSTRACT

Building on social exchange theory and value co-creation, the present paper investigates how obligations and expectations of reciprocity as well as value-in-social-context shape preferences for or against free accommodation sharing. Applying a grounded theory approach, we propose a novel theoretical framework linking the notions of mutual giving and taking as asset or burden to the contextual characteristics of travelers’ accommodation decisions. Our findings contribute to a better understanding of consumers’ perceptions of and decisions in favor of true sharing accommodation options. Based on our framework, we derive propositions to stimulate further research and provide implications for actors in the paid accommodation market.     

„Ich glaube, die Deutschen hassen mich“

Based on attribution theory, we assume that readers’ opinion formation (perception of victim’s personality, causal attribution, attribution of responsibility, emotional reactions) in the case of abductions in foreign countries is influenced by newspapers’ presentations of the victim’s altruistic versus egoistic reasons for travelling. Moreover, we assume that reasons for travelling can be conveyed either by verbal or by visual information. To prove this, we conducted an experiment on a fictional abduction by adapting the case of Susanne Osthoff, a German archaeologist kidnapped in Iraq in 2005. The results, indeed, show that verbal media content heavily influences readers’ opinions: When a newspaper article suggested altruistic reasons for travelling, readers attributed more positive character traits to the victim, held the victim less responsible for being kidnapped and for paying ransom money, and felt less anger and more sadness. In contrast, visual information only shaped readers’ opinions when there was no verbal information about the victim’s reasons for travelling available in the text. The causes and consequences of these findings are discussed.     

What drives credit dollarization in transition economies?

This paper provides an in-depth analysis of the use of foreign currencies in the lending activities of banks in transition economies. The impact of bank and firm variables on credit dollarization is studied in an optimal portfolio allocation model and estimated using new aggregate data for 21 transition economies for the period 1990–2003. Empirical results provide evidence that credit dollarization is the combined outcome of domestic deposit dollarization and banks’ desire for currency-matched portfolios beyond regulatory requirements. The effects of international financial factors and natural hedges are less robust across alternative specifications. The paper further discusses the role of regulations in affecting the impact of these factors on credit dollarization and calls for more developed domestic forward foreign exchange markets.     

Antecedents and Outcomes of Diversity and Equality Management Systems: An Integrated Institutional Agency and Strategic Human Resource Management Approach

This study examines the development and impact of diversity and equality management systems (DEMS). A national sample of human resource managers from 155 Canadian firms responded to surveys about their firm's diversity and equality management (DEM) practices. Cluster analysis and latent class modeling identified three distinct approaches to DEM: classical disparity DEMS showing limited development of DEM‐related practices, institutional DEMS involving complex selection mechanisms and monitoring of employment statistics, and configurational DEMS linking diversity to business strategy. Hypothesis‐testing analyses indicated that both institutional and configurational DEMS were predicted by coverage by the Canadian employment equity program, federal contractor status, and the presence of a diversity expert on staff. Only configurational DEMS was predicted by inclusion of HRM in developing business strategy. Configurational DEMS positively predicted the employment of workers with disabilities and members of visible minority groups as well as ROA. These findings support the proposition based on strategic human resource management (SHRM) theory that DEM practices should be considered as bundles and that vertical linkage to strategy is important for DEM effectiveness. As such, SHRM theory explains how managers can structure strategic responses to institutional pressures that go beyond requirements to achieve strategic goals. © 2015 Wiley Periodicals, Inc.