An Experimental Education Market with Positive Externalities

A graphical approach shows that in order for the tax revenue to increase, following a reduction in the marginal rate, the increase of aggregate supply must be greater the lower the price level elasticity of aggregate demand.     

Friend or foe? The impact of high‐performance work practices on workplace bullying

The aim of this paper is to examine the relationship between high‐performance work practices (HPWPs) and workplace bullying and identify possible mediators. The study presents hypotheses based on two competing perspectives: a mutual gains perspective, arguing that HPWPs lead to higher perceptions of justice and less role conflict, thereby reducing the risk of bullying; and, a critical perspective, arguing that HPWPs lead to work intensification and competition among colleagues, and thereby to more bullying. A two‐wave survey (n = 209) was conducted among business professionals in Finland. The results show that HPWPs are associated with less bullying, and justice and role conflict mediated the relationship. Thus, the results provide support for the mutual gains perspective on HPWPs, challenging prevailing assumptions in the bullying literature that suggest performance‐enhancing HR practices are a risk factor. Instead, the results point to the significance of HPWPs as an important tool to prevent bullying.     

Gauging the development of innovative capabilities in Accounting and Finance students: can they drive the national innovation agenda?

As automation catalyses the shift from number-crunching to more complex roles spanning risk management and strategic decision-making, it is important that higher education is developing the capabilities for Accounting and Finance graduates to successfully contribute to innovation. The study gauges the development of innovative capabilities among students and new graduates using national data from 2012 to 2015. It identifies gaps in the development of certain capabilities, discusses the implications of these and presents strategies for improvement. Findings will inform stakeholders how to better prepare these graduates to contribute to innovation and, ultimately, improve economic growth and global competitiveness in Australia.     

Stated preferences over job characteristics: A panel study

When making choices over jobs with different characteristics, what trade-offs are decision-makers willing to make? Such a question is difficult to address using typical household surveys that provide a limited amount of information on the attributes of the jobs. To address this question, a small but growing number of studies have turned to the use of stated preference experiments; but the extent to which stated choices by respondents reflect systematic trade-offs across job characteristics remains an open question. We use two popular types of experiments (profile case best–worst scaling and multi-profile case best–worst scaling) to elicit job preferences of nursing students and junior nurses in Australia. Each person participated in both types of experiments twice, within a span of about 15 months. Using a novel joint likelihood approach that links a decision-maker's preferences across the two types of experiments and over time, we find that the decision-makers make similar trade-offs across job characteristics in both types of experiments and in both time periods, except for the trade-off between salary and other attributes. The valuation of salary falls significantly over time relative to other job attributes for both types of experiments. Also, within each period, salary is less valued in the profile case compared to the more traditional multi-profile case.     

The impact of foreign and domestic remittance types and senders on education outcomes

Migration and remittances are very important for Nepal, yet the country continues to be plagued by low financial development. Increases in human capital investments, such as enrollment of school‐aged children, are a possible gain from the country's labor movements, which can be leveraged further through an understanding of the microeconomic processes involved. This study examines how remittances from both household and nonhousehold members affect school enrollment rates for children in Nepalese families. We analyze the positive and negative impacts of migration and remittances separately and consider both the type and location of the remittance sender using the Nepal Living Standards Survey (NLSS‐III) of 9,335 school‐aged children. We find enrollment more associated with an exogenous process and use this to estimate marginal effects in which remittances significantly increase children's school enrollment by about 2% points in most cases. These results suggest policymakers should encourage domestic migration (which allows proximity between senders and recipients of remittances as well as less family disruption).     

Commentary: the role of age in consumer’s retrieval and evaluation of consumption experiences

Si, K., & Dai, X. Marketing Letters (2022), have introduced an intriguing and potentially useful construct to the marketing literature: memory-search frame. Our commentary centers on Si and Dai’s study 3. This study focuses on the possible moderating effect of age on the typical length of consumers’ memory-search frame. Its results imply that older consumers have longer memory-search frames compared to younger consumers. However, these correlation-based results are not strong evidence. We briefly review past research that is inconsistent with these results and pose additional questions to the authors that they might pursue in future research.