Work–Life Imbalance in Call Centres and Software Development

The paper evaluates the centrality of work to employees in two growing employment sectors, call‐centres and software development. It then examines evidence for extensions of work into household and family life in these two sectors. Extensions are identified as tangible, such as unpaid overtime, or intangible, represented by incursions imported from work, such as exhaustion and stress. The study finds that organizational pressures, combined with lack of work centrality, result in work intruding into non‐work areas of employee lives, though intrusions manifest themselves in different ways according to type of work, levels of worker autonomy and organizational support.     

Planning the summer vacation : An Adaptable Process

This paper presents a contextualized study of vacation planning starting from a naturalistic perspective. Series of indepth interviews have been conducted during the period of a year on 25 Belgian households in order to follow their decision-making process for summer vacation. Data were analyzed and interpreted following the grounded theory approach. Findings show that vacation planning is an ongoing process, which entails a lot of adaptability and opportunism. Fantasy and emotions also play an important role in shaping vacation and destination choices. This departs from existing decision-making models that propose a (bounded) rational, problem-solving vacationer.     

Comparing inequality aversion across countries when labor supply responses differ

We analyze to which extent social inequality aversion differs across nations when controlling for actual country differences in labor supply responses. Towards this aim, we estimate labor supply elasticities at both extensive and intensive margins for 17 EU countries and the US. Using the same data, inequality aversion is measured as the degree of redistribution implicit in current tax-benefit systems, when these systems are deemed optimal. We find relatively small differences in labor supply elasticities across countries. However, this changes the cross-country ranking in inequality aversion compared to scenarios following the standard approach of using uniform elasticities. Differences in redistributive views are significant between three groups of nations. Labor supply responses are systematically larger at the extensive margin and often larger for the lowest earnings groups, exacerbating the implicit Rawlsian views for countries with traditional social assistance programs. Given the possibility that labor supply responsiveness was underestimated at the time these programs were implemented, we show that such wrong perceptions would lead to less pronounced and much more similar levels of inequality aversion.     

A DYNAMIC MODEL OF HOUSING DEMAND: ESTIMATION AND POLICY IMPLICATIONS*

Using data from the PSID, we estimate a dynamic model of housing demand with nonconvex adjustment costs, credit constraints, and uncertainty about income and home prices. We simulate how consumer behavior responds to house price and income declines as well as tightening credit. In response to a negative home price shock, households early in the life cycle climb the housing ladder more quickly and invest more in housing assets due to the lower price. With a concurrent negative income shock, however, housing demand falls among young and middle aged households who stay in smaller homes rather than to trade up.     

WTO challenges and efficiency of Chinese banks

After joining the World Trade Organisation (WTO) in December 2001, China was given 5 years to completely open up its banking market for international competition. Chinese banks have been renowned for their mounting nonperforming loans and low efficiency. Despite gradual reforms, the banking system is still dominated by state ownership and encapsulated monopolistic control. How to raise efficiency is a key to the survival and success of domestic banks, especially the state-owned commercial banks. Two important factors may be responsible for raising efficiency: ownership reform and hard budget constraints. This article uses a panel data of 22 banks over the period 1995 to 2001, and employs a stochastic frontier production function to investigate the effects of ownership structure and hard budget constraint on efficiency. Empirical results suggest that nonstate banks were 8–18% more efficient than state banks, and that banks facing a harder budget tend to perform better than those heavily capitalized by the state or regional governments. The results shed important light on banking sector reform in China to face the tough challenges after WTO accession.     

Ricardo und die Troika — für die Einführung einer EU-Bodenwertabgabe

From a Ricardian point of view, taxes should be most efficiently financed through land rents. In spatial terms, the land rents are highest in the European core countries and lowest at the margins of the peripheral states, which are currently in turmoil due to the economic crisis. The austerity policy of the troika is strangling these states economically. The authors propose a common European tax based on land values. Its revenues should be redistributed to the EU states according to the size of their population.     

The Relationship between marketing performance,logistics performance and company performance for retail companies

Abstract

The objective of this research is to demonstrate the importance of logistics and marketing to overall company performance. The focus is on the relationship between logistics and marketing, because, in the intra-organisational context, the different perspectives of these two functions can lead to conflict between short-term objectives. Consequently, effective coordination between these two organisational units, not only at an intra-organisational, but also at an inter-organisational level, is extremely important. The theoretical assumptions are tested empirically through an investigation of the retailing industry.