Technology education for children in primary schools in Finland and Germany: different school systems, similar problems and how to overcome them

Even if the results of international student assessment studies such as PISA or TIMSS show that girls have been catching up in mathematics and natural sciences, there are still remarkable gender differences in the number of males and females studying and working in the technological fields after basic education. Technology is still a male-dominated area. This is true for the German and Finnish societies. Results of the studies conducted in the UPDATE project show that influences on interest in technological themes take place already in early childhood. Therefore, efforts should be put in developing early childhood education and elementary school education, to raise girls’ interests and motivation towards technology. This article reports the results of the UPDATE-WorkPackage3-project mainly in Finland and in Germany. It concentrates on studying elementary school pupils’ (age 6–12), particularly girls’ motivation towards the contents and methods of technology education. Various curriculum documents and national learning conditions are discussed and suggestions for the gender equitable technology education are made.     

Being active when judging risks: bodily states interfere with accurate risk analysis

Research on embodiment shows that bodily states influence affect and cognition, but embodiment theories have hardly been applied to risk research. Understanding how the bodily state of being physically active interferes with accurate risk judgments is especially important in risky activities, such as risk sports or even biking in the city. The present investigation consisted of two field studies (Study 1, N = 45; Study 2, N = 110) and one experimental study (Study 3, N = 44) examining the influence of physical activity on risk judgments. In Study 1, backcountry skiers judged risks of backcountry skiing while on tour and in Study 2 indoor climbers judged climbing risks. In Study 3, participants were riding on a stationary bicycle in the laboratory and judged risks related and unrelated to that activity. It was found that physical activity can decrease the perceived likelihood of risks, both related and unrelated to the activity, and that this effect is moderated by experience.     

The Performance Persistence of Closed-End Funds

The purpose of this study is to extend the research on mutual fund performance persistence to net asset value and market price performance of domestic closed‐end funds. While research has assessed the performance persistence of open‐end mutual funds, it has not assessed the performance persistence of closed‐end funds. Yet, the unique characteristics of closed‐end funds allow stronger arguments for their persistence than the arguments previously submitted for open‐end mutual funds. The results show evidence for risk‐adjusted performance persistence.     

Die Wirkung der Produktpräsentation auf die Abschlussentscheidung und die Entscheidungszufriedenheit bei Versicherungsprodukten

For insurances sales and communication it is important to know, how the context of presenting products influences purchasing decision and customer satisfaction. Within an experimental study we analyzed the influence of presentation (one vs. multiple products, sequential vs. simultaneous presentation, and three vs. two products). The results show that customers are more likely to buy an insurance product if they are exposed to multiple products rather than to only one product, though decision satisfaction suffers if multiple options are presented. Practical implications and limitations are presented and future research opportunities are discussed.     

Defaults and advice in self-customization procedures of insurance

The customization of insurance products is a crucial factor for the success of many insurance companies because it allows customers to tailor the insurance according to their specific needs. Customization can lead to increased customer satisfaction and loyalty. Focusing on two vertical customization methods, by-attribute and by-alternative customization, we experimentally analyze the influence of defaults. Moreover, we compare the effect of defaults to the influence of stated advice. Our results demonstrate that defaults enhance the likelihood of choosing premium insurance compared to a situation without defaults for both the by-attribute customization and the by-alternative customization. However, the customization process itself has no influence on default acceptance. If insurance companies combine a default with extensive advice (i.?e., advice that provides an explanation for why the advice is given), customers are most likely to choose the premium insurance.     

Patterns of trade restrictiveness in online platforms: A first look

This paper develops a digital platform restrictiveness index for 64 countries based on ECIPE’s Digital Trade Estimates database and the Digital Trade Restrictiveness Index. We identify specific restrictions that affect online platforms with a focus on online search, e-commerce and social media. The results show that both OECD and non-OECD countries show high levels of trade restrictions on online platforms. Moreover, some of the most restricted countries are characterised by large markets, signifying that a substantial part of the global economy gravitates towards restricting online platforms. Based on the platform restrictiveness index, we perform an econometric analysis showing that trade restrictions for online platforms are significantly associated with lower contributions of the ICT sector to productivity growth in the entire economy. The results suggest that reducing restrictions on online platforms can increase the ICT’s contribution to overall productivity growth towards a level seen before the global financial crisis. Sectors that would benefit the most are those that make wider use of online platforms and the Internet, including information services, business services and financial services.     

Sixty years of Accounting & Finance: a bibliometric analysis of major research themes and contributions

This article offers a systematic review of the major contributions in the journal Accounting & Finance over the past 60 years. We apply several different bibliographic tools to model highly cited articles and major strands of research that have significantly advanced research in accounting and finance across the Asia-Pacific region. An analysis of bursting (or ‘hot’) topics shows major research trends over time, including recent ‘hot’ topics such as China-related research, corporate social responsibility and sustainable finance. The article concludes by highlighting new research directions - Accounting & Finance has opened towards more interdisciplinary research and greater diversity in methods.     

Measuring the Trade Restrictiveness of Domestic Support using the EU Common Agricultural Policy as an Example

We develop an index that measures the overall trade effects of domestic support payments. Our index is based on the Mercantilist Trade Restrictiveness Index (MTRI) and is capable of analysing the development of the trade restrictiveness of domestic support payments over time and across countries. It facilitates the evaluation of agricultural policy reforms introducing changes in the composition of domestic support payments. We conduct this analysis with a computable general equilibrium model that is extended to depict detailed agricultural policies using the Common Agricultural Policy of the European Union (EU) as an example. For the representation of agricultural policies, we updated the underlying database by incorporating detailed EU domestic support payments taken from the OECD Producer Support Estimate (PSE) tables and reconcile PSE data with the WTO classification scheme. Our index confirms a decrease in trade distortion stemming from the implementation of decoupled support in the EU. In addition, the trade-equivalent protection rate shows that the trade restrictiveness of domestic support payments depends on the assumptions made with regard to the degree of decoupling of those payments.     

Unemployment and effects of the first work experience of university graduates on their idea of a job

The financial and subsequent economic crisis caused a sharp deterioration in labour market conditions which particularly affected the youth group. Southern nations were affected the most, while e.g. Germany, Austria and the Czech Republic were less affected. 42.3% of university graduates are registered in the Czech Republic Labour Office for longer than 5 months. This article aims to analyse youth unemployment in the European Union (EU) with an emphasis on the Czech Republic, which is below the EU-28 average. Based on the questionnaire survey, employment of university graduates in the labour market was analysed and the following hypothesis was tested: With a change in the status of a future graduate to an employed graduate, their willingness to retreat from their demands to find the required job, changes’. The result of the survey discovered that after finding the first job, there is reduction in graduates’ demands on a job.