Combating the English language deficit: the labour market experiences of migrant women in Australia

This article takes a multilevel perspective on the labour market issues and challenges that migrant women from non‐English speaking backgrounds (NESB) encounter in Australia. The article is based on two main arguments: (1) a much more complex picture emerges when we look at the intersection of gender, ethnicity, and migration, and its implications for the labour market experiences of NESB women and (2) single level conceptualisations of diversity management within the domain of organisational or legal policies are inadequate to address the multilevel challenges faced by NESB women. The article presents a qualitative study in which we theorise our findings through a multilevel construct, examining the macro‐national, meso‐organisational, and micro‐individual challenges that NESB women, originating from Afghanistan, Iran, and Pakistan, face in the Australian labour market.     

Panel cointegration and the monetary exchange rate model

This paper re-examines the validity of the monetary exchange rate model during the post-Bretton Woods era for 18 OECD countries. Our analysis simultaneously considers the presence of both cross-sectional dependence and multiple structural breaks, which have not received much attention in previous studies of the monetary model. The empirical results indicate that the monetary model emerges only when the presence of structural breaks and cross-country dependence has been taken into account. Evidence is also provided suggesting that the breaks in the monetary model can be derived from the underlying purchasing power parity relation.     

Intraday Seasonalities and Macroeconomic News Announcements

Using a data set consisting of more than five years of 5‐minute intraday stock index returns for major European stock indices and US macroeconomic surprises, conditional means and volatility behaviour in European markets were investigated. The findings suggest that the opening of the US stock market significantly raises the level of volatility in Europe, all markets responding in an identical fashion. Furthermore, US macroeconomic surprises exert an immediate and major impact on both the European stock markets’ intraday returns and volatilities. Thus, high frequency data appear to be critical for the identification of news impacting the markets.     

测试H.264/AVC视频的鲁棒性传输的宏块分配映射

H.264/AVC视频压缩标准给易出错网络的视频鲁棒性传输过程中提供了一些误差恢复技术.灵活的宏块排序(FMO)是其中之一,它采用宏块分配映射(MBAmap)来分离框架中可能出现的误差.本文将提出一个新的测试MBAmap的方法.我们采用这种技术来测试MBAmaps从而支持在解码过程中的误差隐藏并且增强接收视频的主客观质量.     

Fear Linkages Between the US and BRICS Stock Markets: A Frequency-Domain Causality

Abstract

We employ a spectral causality approach to uncover short-, medium-, and long-run causal relations between the US implied volatility index and the five individual implied volatility indexes of BRICS markets from 16^th March 2011 to 31^st January 2018. We show that the volatility causal relations differ between the short and long run in many cases. Although the results indicate the dominant role played by US uncertainty in shaping uncertainty in all BRICS markets, there is also evidence of a feedback effect from Brazil, Russia, and China to the US that differs across the spectrum. The implications for hedging and risk management practices are explored.     

Channels of risk-sharing among Canadian provinces: 1961–2006

This article incorporates recent developments in the literature to quantify the amount of interprovincial risk-sharing in Canada. We find that 29% of shocks to gross provincial product are smoothed by capital markets, 27% are smoothed by the federal tax-transfer systems, and about 24% are smoothed by credit markets. The remaining 20% are not smoothed. Our results bring to light the critical role that Alberta plays in trading-off credit market smoothing for more capital market risk-sharing with the rest of Canada. Our pairwise risk-sharing analysis has brought up some interesting questions and arguments that are often neglected in discussions of regional risk-sharing. For example, one aspect of the pairwise analysis sheds light on the assessment of the economic effects of Quebec separation.     

Leader power and subordinates' organizational commitment and effectiveness: Test of a theory in a developing country

This study tested the relationships of bases of leader power (coercive, reward, legitimate, expert, and referent) to subordinates' organizational commitment and of power bases and commitment to subordinates' effectiveness (performance, conformance, dependability, and personal adjustment). Two hundred fifty employees and their supervisors from three banks in Bangladesh were individually interviewed to fill out the Rahim Leader Power Inventory, Organizational Commitment Questionnaire, and Minnesota Satisfactoriness Scales, to measure power, commitment, and effectiveness, respectively. Two stepwise hierarchical regression analyses showed that legitimate and expert power bases were positively associated with commitment. Coercive power was negatively associated with effectiveness and expert power was positively associated with the same. Implications of the findings for international managers working in developing countries are discussed. © 1995 John Wiley & Sons, Inc.     

Price hike of staple food,nutritional impact and consumption adjustment: evidence from the 2005–2010 rice price increase in rural Bangladesh

This paper studies the nutritional impact of the rice price increase between 2005 and 2010 on households in rural Bangladesh and their resulting adjustment in consumption of rice, non-rice food and non-food items. We compare net rice buyers, who suffer from a negative income effect, with self-sufficient households that do not suffer from any such effect. Our findings indicate that rural households in Bangladesh cope well with the surge in the domestic rice price as indicated by the absence of any effect on their calorie intake and dietary diversity. In fact, both types of households similarly change their consumption of rice, non-rice grain, pulses, protein, fruits and other items. Furthermore, we do not find any evidence of buyers’ switching towards low-quality items in a food group. In a separate analysis, we compare net rice sellers with self-sufficient households and arrive at a similar conclusion. In both cases, income plays a crucial role in the consumption of non-rice food and non-food items, indicating the importance of effective income support programs at the time of price shocks in staple food items.