scholarly journals The role of over-reaction and the disposition effect in explaining momentum in Latin American emerging markets

2011 ◽  
Vol 69 (273) ◽  
Author(s):  
Isabel Abinzano ◽  
Luis Muga ◽  
Rafael Santamaria

Medium-term continuation in stock returns, also known as ‘the momentum effect’, is an empirical pattern found almost universally across both the United States (US) market1 and others (see Rouwenhorst 1998, for various European markets; Chui et al. 2000, or Hameed and Kusnadi 2002, for some Asian Basin markets; Hon and Tonks 2003, for the United Kingdom; Glaser and Weber 2003, for the German market; Muga and Santamaria 2007a, for some Latin-American markets).

2019 ◽  
Vol 8 (3) ◽  
pp. 349-365 ◽  
Author(s):  
Linda Jean Kenix ◽  
Reza Jarvandi

This research examines coverage of refugees in an attempt to further understand how media frames are actively, and perhaps ideologically, constructed. Articles between 2010 and 2015 were analysed in accordance with their publication in sixteen different news publications from the United States, Australia and the United Kingdom. The newspapers were selected from opposite ends of the ideological political spectrum. This research explores the consequences of these findings for the international community and for objective international newspaper reporting.


2005 ◽  
Vol 12 (4) ◽  
pp. 335-345 ◽  
Author(s):  
Geoffrey Pradella

AbstractThe mêlée that surrounded the last days of Terri Schiavo's life was reminiscent of a classical Greek tragedy. Much like Antigone, Ms. Schiavo became enmeshed in irresistible and opposite forces, resolved to use her situation as an arena for the determination of political and legal issues as diverse as the exercise of states' rights, the extent of individual rights, the role of the judiciary, the re-opening of the abortion debate, and the regulation of stem cell research. As Europeans watched the drama unfold, the forces at play in the United States clashed head-on, in a rhetorically inflammatory spectacle which, on this side of the Atlantic, left many aghast. Most unsettling was the prospect of individuals wielding the power of state and national legislatures in what was, ultimately, an intensely personal affair.In the United Kingdom, the struggle was a stark reminder of the differences, not only between British and American political culture, but between our approaches to legal issues which present themselves at the end of life. The existence of well-established procedures and principles, and the extensive involvement of neutral third parties and the courts in pursuit of an objective determination of an individual patient's 'best interests', are key to the conclusion that Terri Schiavo's case would have been handled at least as effectively and efficiently as it was by the courts in Florida and the United States. That issues of consent and capacity can be determined by British courts on the basis of generally applicable principles leads to the subsequent conclusion that a 'best interests' determination leaves significantly less scope for conflict than the individualistic, much more personal and determinative construct of the 'substituted judgment' test in the United States.


2012 ◽  
Vol 86 (2) ◽  
pp. 239-260 ◽  
Author(s):  
Patricio Sáiz ◽  
Paloma Fernández Pérez

Trademarks have traditionally been viewed as assets that, although intangible, nevertheless contribute to the success of firms. This study, based on a compilation of national trademark data, corrects existing distortions of the historical role of brands and their—often unsuccessful—use as business tools by countries, sectors, or firms. Legislation on, and the profuse use of, trademarks in the Western world was pioneered by Spain, rather than by France, the United States, or the United Kingdom, and was initiated in unusual sectors, such as papermaking and textiles, rather than in the more usual ones of food and beverages. Analysis of the applicants of Catalan trademarks, across sectors, during almost a century, reveals that the legal possession of a brand cannot in itself guarantee a firm's success.


1988 ◽  
Vol 15 (4) ◽  
pp. 281-286 ◽  
Author(s):  
K. D. O'Brien ◽  
W. C. Shaw

The role of dental and orthodontic auxiliaries in Europe and the United States is reviewed, and the advantages of their employment in the United Kingdom are discussed in terms of increasing the cost-effectiveness of orthodontic treatment provision. A three-stage programme for the evaluation of Orthodontic Auxiliaries in the UK is proposed.


Author(s):  
Gerald Horne

This chapter describes how Claude Barnett began to collect material on racial problems in South America. It was at this point that Barnett and the Associated Negro Press (ANP) assumed more forcefully the role of the Negro's State Department, inquiring persistently about barriers strewn in the path of African Americans who sought to travel abroad. The ANP contacted the Brazilian embassy in Washington about the alleged barring of U.S. Negroes, though their charges were met with denials. Furthermore, the Mexican government irritably denied that it barred African Americans from arriving south of the border, after being accused thusly by Barnett. Meanwhile, the ANP did not necessarily come to this issue with clean hands, for it could be accused easily of falling victim to nativist bias in objecting to Latin American migration to the United States, as it demanded an open door for African Americans to enter other nations.


2013 ◽  
pp. 1-6
Author(s):  
Richard M. Morse

This introductory paper examines some of the main questions raised by the papers presented to the urbanization symposium in Vancouver. Comparisons between the Latin American urban experience and that of the United States and Canada revealed basic contrasts in spite of some broad hemispheric similarities. Differences were particularly apparent in the residual influence of native society on later European settlement, in the role of the state versus private commerce in growth and development, and in the differing class structures.


2018 ◽  
Vol 60 (1) ◽  
pp. 102-127 ◽  
Author(s):  
Mark Petersen ◽  
Carsten-Andreas Schulz

AbstractThere is a growing scholarly consensus that Latin American regionalism has entered a new phase. For some observers, the increasing complexity of regional cooperation initiatives renders collective action ineffective. For others, the creation of new schemes signals a “posthegemonic” moment that has opened a space for collaboration on social issues. Both camps attribute this shift to the absence of the United States and the presence of left-leaning governments. By contrast, this study demonstrates that this agenda is not new, nor has the United States impeded similar initiatives in the past. In fact, the United States was instrumental in expanding regional cooperation on social issues in the early twentieth century. Instead, this article argues that agenda shifts are best explained by an evolving consensus about the role of the state. The “new agenda” is in line with historical attempts by governments to use regionalism to bolster their own domestic reforms.


2020 ◽  
Author(s):  
Dunigan Parker Folk ◽  
Karynna Okabe-Miyamoto ◽  
Elizabeth Warren Dunn ◽  
Sonja Lyubomirsky

In two pre-registered studies, we tracked changes in individuals’ feelings of social connection during the COVID-19 pandemic. Both studies capitalized on measures of social connection and well-being obtained prior to the COVID-19 pandemic by recruiting the same participants again in the midst of the pandemic’s upending effects. Study 1 included a sample of undergraduates from a Canadian university (N = 467), and Study 2 included community adults primarily from the United States and the United Kingdom (N = 336). Our results suggest that people experienced relatively little change in feelings of social connection in the face of the initial reshaping of their social lives caused by the COVID-19 pandemic. Exploratory analyses suggested that relatively extraverted individuals exhibited larger declines in social connection. However, after controlling for levels of social connection prior to the pandemic (as pre-registered), the negative effect of extraversion reversed (Study 1) or disappeared (Study 2).


Nutrients ◽  
2021 ◽  
Vol 13 (8) ◽  
pp. 2778
Author(s):  
Mirko Marino ◽  
Federica Puppo ◽  
Cristian Del Bo’ ◽  
Valentina Vinelli ◽  
Patrizia Riso ◽  
...  

A debate is ongoing on the significance and appropriateness of the NOVA classification as a tool for categorizing foods based on their degree of processing. As such, the role of ultra-processed food (UPF) on human health is still not completely understood. With this review, we aimed to investigate the actual level of consumption of UPF across countries and target populations to determine the impact in real contexts. Suitable articles published up to March 2021 were sourced through the PubMed and SCOPUS databases. Overall, 99 studies providing data on the level of UPF consumption expressed as the percentage of total energy intake were identified, for a total of 1,378,454 participants. Most of them were published in Brazil (n = 38) and the United States (n = 15), and the 24 h recall was the most-used tool (n = 63). Analysis of the results revealed that the United States and the United Kingdom were the countries with the highest percent energy intake from UPF (generally >50%), whereas Italy had the lowest levels (about 10%); the latter was inversely associated with adherence to the Mediterranean diet. High variability was also observed based on sex, age, and body mass index, with men, young people, and overweight/obese subjects generally having higher levels of consumption compared to older subjects. Overall, our findings underline the large differences in UPF intake. Since most of the observations derived from studies conducted with food questionnaires are not specifically validated for UPF, further efforts are essential to confirm the results previously obtained and to investigate further the association between UPF consumption and health status, also considering the actual contribution within different dietary patterns, which has been less investigated to date.


1978 ◽  
Vol 6 (2) ◽  
pp. 135-149 ◽  
Author(s):  
Rogelio Pérez Perdomo

SummaryRogelio Pérez Perdomo is a Professor of Law at the Central University of Venezuela and an active member of the Latin American Council of Law and Development. A longstanding student of the purposes and methods of legal education, he has also made a special point to acquire knowledge about legal education in Europe and the United States.In this article Professor Pérez Perdomo discusses the inadequacies and shortcomings of the existing legal education programs in Latin America. He recognizes the growing awareness of such inadequacies on the part of many Latin American law teachers, and their dissatisfaction with the traditional systems and methods of law teaching. This dissatisfaction has generated many studies and discussions in the different Latin American countries, and it has also produced some changes and improvements. Professor Pérez Perdomo believes, however, that such changes fall significantly short of modern needs of adequate legal education. Concentrating on the situation in Venezuela, he compares it with current legal education innovations and developments in other Latin American countries, as well as in the major European countries and the United States.Professor Pérez Perdomo clearly admits his preference for further reforms of the legal education methods and programs in Venezuela (and, presumably, in other countries of Latin America). He views, however, student unrests as an invalid reason for such reforms because improvements must emerge from substantive needs rather than the temporary considerations of political expediency. Reforms must proceed from an appreciation of the true role of law and the legal profession.In a brief survey of the traditional and modern role of the law, especially its use as a vehicle for social and economic development, Professor Pérez Perdomo demonstrates the significance of their impact on legal education. Equally important, in his opinion, is the influence of foreign financial aid, e.g., the Ford Foundation, the International Legal Center, etc., which must have had a considerable impact on the emergence of new legal education trends. The effect of such influences has not yet been evaluated, but it is an important topic in any study of the effectiveness and desirability of international transfers of educational methods from one country to another. Thus, the United States legal education model encountered many difficulties in Latin America when the attempt was made to apply it there, and it can be used there only in a limited sense and in a significantly modified form.Professor Pérez Perdomo notes the following trends of legal education reform in Latin America: 1)The reorganization and “semestization” of law courses.2)The use of new teaching methods–tutorials, class discussions, working groups, and legal clinics–by various law schools in their efforts to enrich the content of their educational programs.3)The identification of the purposes and responsibilities of legal education in coordination with the general aims of law and the legal system.Professor Pérez Perdomo recognizes that many of these aspirations for reform are seriously affected by such factual limitations as, for example, the unfavorable numerical ratio of students to law faculty, inadequate teaching abilities of the professors, poverty and the small size of libraries, and the encumbersome administrative organization and fiscal procedure of universities. Despite these difficulties, Professor Pérez Perdomo is confident that the reform efforts will prevail and that many salutory improvements will eventually become evident in Latin American legal education.


Sign in / Sign up

Export Citation Format

Share Document