scholarly journals The association of economic and cultural capital with the NEET rate: differential geographical and temporal patterns

2021 ◽  
Vol 55 (1) ◽  
Author(s):  
Enrico Ripamonti ◽  
Stefano Barberis
Keyword(s):  
Cultural Capital ◽  
Strong Predictor ◽  
Covariance Structure ◽  
Generalized Least Squares ◽  
Economic Capital ◽  
Covariance Structure Analysis ◽  
Short Run ◽  
Italian Provinces ◽  
Generalized Least Squares Estimation ◽  
Using Data

AbstractUsing data from 103 Italian provinces, we investigated the relationship between local/regional development, and NEET. We constructed an indicator of cultural capital and another of economic capital and we studied their relation with the NEET rate. Covariance Structure Analysis with Generalized Least Squares estimation was employed, considering a three time-points retrospective model. Results indicate a consistent protective effect of the economic capital on the NEET rate, both in the short run (2 years) and in the medium run (10 years). However, this effect has been obtained in the Central provinces (at 2 and 10 years) and Southern provinces (at 10 years), but not in the Northern provinces. A mediation analysis indicated that, historically, the cultural capital may partly mediate the effect of the economic capital. We did not detect a significant direct effect of the cultural capital on the NEET rate, which is strongly mediated by the action of the economic capital. Together, these results denote that the economic capital is a strong predictor of NEET, but not in very competitive economic areas.

scholarly journals The Impact of Family Capital on Farmers’ Participation in Farmland Transfer: Evidence from Rural China

Land ◽  
2021 ◽  
Vol 10 (12) ◽  
pp. 1351
Author(s):  
Jing Xu ◽  
Jing Huang ◽  
Zhengfeng Zhang ◽  
Xiaokun Gu
Keyword(s):  
Social Capital ◽  
Human Capital ◽  
Cultural Capital ◽  
Rural China ◽  
Economic Capital ◽  
Four Dimensions ◽  
Land Transfer ◽  
Family Capital ◽  
Using Data ◽  
The Impact

Family capital provides diverse and effective resources for production and livelihood of farmers, and thus profoundly determines farmers’ behavior in the decision-making process, yet the specific impact of family capital on farmers’ participation in farmland transfer has not been adequately examined. Based on a theoretical analysis, this paper divides family capital into four dimensions: human capital, economic capital, social capital, and cultural capital, and empirically analyzes the impact of different types of family capital on farmers’ participation in farmland transfer by using data on farmers in the 2018 China Family Panel Studies (CFPS) database. The results show that human capital, economic capital, and cultural capital all have significant impacts on both farmland transfer-out and transfer-in behavior, while social capital only plays a significant role in farmland transfer in. In order to accelerate the development process of farmland transfer in China, it is necessary to actively guide surplus rural labor towards non-agricultural employment, improve the farmland system and build a land transfer trading platform to promote the transfer of farmland to households with a good agricultural base, and strengthen social security construction to reinforce the enthusiasm of farmers engaging in land transfer.

scholarly journals Cultural Capital, Gender and Intergenerational Educational Mobility in Post-Communist Space

Societies ◽  
2021 ◽  
Vol 11 (1) ◽  
pp. 4
Author(s):  
Ausra Maslauskaite
Keyword(s):  
Educational Attainment ◽  
Cultural Capital ◽  
Eastern Europe ◽  
Social Stratification ◽  
Economic Capital ◽  
General Level ◽  
Educational Mobility ◽  
Ordinal Regression Analysis ◽  
Using Data

Post-communist transition in Eastern Europe has affected social stratification and mobility. There is an argument that transition undermined the role of parental cultural capital and increased the importance of parental economic capital in determining the educational mobility of children. In this paper, we examine whether the parental cultural capital has played a role in educational mobility of cohorts born in 1970–1984 and what has been the contribution of the different states of cultural capital. We also consider the gender heterogeneity in the transmission of educational advantage. The study focuses on one country of Eastern Europe—Lithuania, which underwent the transition to a radical neo-liberal form of capitalism. Using data from the Families and Inequalities Survey of 2019, we apply the descriptive and ordinal regression analysis. The results indicate intergenerational educational upward mobility for women. All states of parental cultural capital (objectified, embodied, institutionalized) are relevant for the educational attainment of the transitional cohort. The effects are more pronounced for women, at least in relation to some states of parental cultural capital. On a more general level, the findings imply that the intergenerational reproduction of educational attainment was not substantially altered by the transition, at least during its initial decades.

Electricity consumption and economic growth in ASEAN

2017 ◽  
Vol 5 (2) ◽  
pp. 16
Author(s):  
Ahmad Ghazali Ismail ◽  
Arlinah Abd Rashid ◽  
Azlina Hanif
Keyword(s):  
Economic Growth ◽  
Energy Use ◽  
Electricity Consumption ◽  
Panel Estimation ◽  
Real Gdp ◽  
Long Run ◽  
Bidirectional Relationship ◽  
Short Run ◽  
Using Data ◽  
The Relationship

The relationship and causality direction between electricity consumption and economic growth is an important issue in the fields of energy economics and policies towards energy use. Extensive literatures has discussed the issue, but the array of findings provides anything but consensus on either the existence of relations or direction of causality between the variables. This study extends research in this area by studying the long-run and causal relations between economic growth, electricity consumption, labour and capital based on the neo-classical one sector aggregate production technology mode using data of electricity consumption and real GDP for ASEAN from the year 1983 to 2012. The analysis is conducted using advanced panel estimation approaches and found no causality in the short run while in the long-run, the results indicate that there are bidirectional relationship among variables. This study provides supplementary evidences of relationship between electricity consumption and economic growth in ASEAN.

scholarly journals Punishment Strategies across Societies: Conventional Wisdoms Reconsidered

Games ◽  
2021 ◽  
Vol 12 (3) ◽  
pp. 63
Author(s):  
Ramzi Suleiman ◽  
Yuval Samid
Keyword(s):  
Public Goods ◽  
Strong Predictor ◽  
Social Environments ◽  
Public Goods Game ◽  
The Public ◽  
Free Riders ◽  
The World ◽  
Emergence Of Cooperation ◽  
Using Data ◽  
The Cost

Experiments using the public goods game have repeatedly shown that in cooperative social environments, punishment makes cooperation flourish, and withholding punishment makes cooperation collapse. In less cooperative social environments, where antisocial punishment has been detected, punishment was detrimental to cooperation. The success of punishment in enhancing cooperation was explained as deterrence of free riders by cooperative strong reciprocators, who were willing to pay the cost of punishing them, whereas in environments in which punishment diminished cooperation, antisocial punishment was explained as revenge by low cooperators against high cooperators suspected of punishing them in previous rounds. The present paper reconsiders the generality of both explanations. Using data from a public goods experiment with punishment, conducted by the authors on Israeli subjects (Study 1), and from a study published in Science using sixteen participant pools from cities around the world (Study 2), we found that: 1. The effect of punishment on the emergence of cooperation was mainly due to contributors increasing their cooperation, rather than from free riders being deterred. 2. Participants adhered to different contribution and punishment strategies. Some cooperated and did not punish (‘cooperators’); others cooperated and punished free riders (‘strong reciprocators’); a third subgroup punished upward and downward relative to their own contribution (‘norm-keepers’); and a small sub-group punished only cooperators (‘antisocial punishers’). 3. Clear societal differences emerged in the mix of the four participant types, with high-contributing pools characterized by higher ratios of ‘strong reciprocators’, and ‘cooperators’, and low-contributing pools characterized by a higher ratio of ‘norm keepers’. 4. The fraction of ‘strong reciprocators’ out of the total punishers emerged as a strong predictor of the groups’ level of cooperation and success in providing the public goods.

Determinants of Treasury-LIBOR Swap Spreads

2005 ◽  
Vol 08 (04) ◽  
pp. 687-705 ◽  
Author(s):  
D. K. Malhotra ◽  
Vivek Bhargava ◽  
Mukesh Chaudhry
Keyword(s):  
Interest Rate ◽  
Interest Rates ◽  
Default Risk ◽  
Yield Curve ◽  
Short Term ◽  
Long Run ◽  
Interest Rate Volatility ◽  
Short Run ◽  
Using Data ◽  
Swap Spreads

Using data from the Treasury versus London Interbank Offer Swap Rates (LIBOR) for October 1987 to June 1998, this paper examines the determinants of swap spreads in the Treasury-LIBOR interest rate swap market. This study hypothesizes Treasury-LIBOR swap spreads as a function of the Treasury rate of comparable maturity, the slope of the yield curve, the volatility of short-term interest rates, a proxy for default risk, and liquidity in the swap market. The study finds that, in the long-run, swap spreads are negatively related to the yield curve slope and liquidity in the swap market. We also find that swap spreads are positively related to the short-term interest rate volatility. In the short-run, swap market's response to higher default risk seems to be higher spread between the bid and offer rates.

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