THE EFFECTIVENESS OF ACTIVE LABOR MARKET POLICIES: A META‐ANALYSIS

This paper provides a meta‐analysis of microeconometric evaluation studies on the effectiveness of active labor market policies. The analysis is built upon a systematically assembled data set of causal impact estimates from 57 experimental and quasi‐experimental studies, providing 654 estimates published between January 1990 and December 2017. We distinguish between the short and longer term impacts in our analysis; at 6, 12, 24, and 36 months after program start. After correcting for publication bias and country‐specific macroeconomic characteristics, subsidized labor and public employment programs have negative short‐term impacts, which gradually turn positive in the longer run. Schemes with enhanced services including job‐search assistance and training programs do not have these negative short‐term effects, and stay positive from 6 until 36 months after program start.     

Publishing? You can count on knowledge,experience, and expectations

Quality & Quantity - The study based on an online survey covering 655 researchers from hard and soft sciences addresses the influence of different conditions on academic publishing. Results...     

Integrated reporting: an international overview

This article analyses the determinants associated with the use of the Integrated Report (IR) as a corporate reporting model for sustainability information. IRs provide information regarding the use and interdependence of different company resources. The previous literature has identified determinants behind the presentation of IRs at the country level (legal system, investor protection, economic development, cultural characteristics) as well as at the company level (size, industry, verification of the sustainability report). Our work contributes to the literature by using a novel statistical approach that addresses the likelihood of the non‐independence of data: companies in the same country are more similar to one another than are companies from different countries. Our results confirm significant inter‐country variance, which may be partially explained by the existence of specific regulations and the individualism vs. collectivism dimension. Although we confirm the effect of company‐level determinants, our results do not support the role of specific variables tested as determinants.     

Conditionally heteroscedastic unobserved component models and their reduced form

The reduced form of the local level model with conditionally heteroscedastic GARCH(1,1) noises is analyzed. We show that the IMA-GARCH model is a good alternative but its conditional heteroscedasticity is weaker than this of the unobserved disturbances.     

Enhancing individual entrepreneurial orientation measurement using a metacognitive decision making-based framework

Entrepreneurship, and individuals’ predisposition toward entrepreneurial activities in particular, i.e. Individual Entrepreneurial Orientation (IEO), has been gaining increasing relevance in academia and management practice alike. Understanding IEO is a critical element not only for its promotion, but for better and more informed managerial and investor decision making as well. As such, this study proposes a new framework for understanding and measuring IEO based on the integrated use of cognitive mapping and the interactive multiple criteria decision making (TODIM) method. We present the steps for building such a framework, as well as a practical application of these steps. The results are promising: the methodology applied allowed a large number of determinants of IEO and their relationships to be mapped; and, subsequently, ranked and weighted for the creation of an IEO measurement tool. The implications of the resulting framework for theory and practice, its limitations and possibilities for further research are also discussed.     

Stock market regulations and international financial integration: the case of Spain

International financial integration effects on the Spanish stock market are studied, both for the conditional mean and conditional variance. New institutional regulations in Spain are taken into account and their efficiency consequences are addressed. Results suggest an increasing international integration but nontrivial opportunities for financial diversification may still be relevant.     

Using student response systems in the accounting classroom: Strengths,strategies and limitations

A Student Response System (SRS), often referred to as a “clicker,” enables students to individually answer instructor questions on a real-time basis using individual mobile devices, and have the aggregate responses displayed as feedback to the class at the instructor’s discretion. A mobile device can be a proprietary, vendor-specific remote, or a multi-purpose item such as a smartphone or computer. While SRSs have been used in education for some time, we perceive the adoption rate in accounting classes as still being quite low. This paper is a “how to” and “why” guide for accounting faculty who are considering using SRSs, and for experienced users who seek to refine or expand their SRS use.     

A Theory of Socio‐spatial Integration: Problems,Policies and Concepts from a US Perspective

Discussions about socio‐spatial integration in the US have been primarily focused on research into residential segregation. The treatment of these two concepts as opposites has had two consequences. First, most policies for integration have been based solely on concepts of segregation. Second, the intensive criticism directed at integration flows more from those policies than from its conceptual meaning. This article develops a framework for socio‐spatial integration. It does this first by outlining an understanding of segregation and the complexities of its treatment, then by making a distinction between policy applications and the conceptual meaning of integration. This review shows that, rather than suiting a linear approach, socio‐spatial integration can be expressed as a multidimensional relationship that may work independently and at different scales. Socio‐spatial integration is then exposed as the opposite of social exclusion, of which physical proximity between different social groups is just one dimension. Two lines of research are proposed: first, a repositioning of integration as a progressive aspiration and a critique of naturalist conceptions; second, a balancing of the weight of spatial proximity among the different dimensions of integration.