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The paper presents a bibliometric analysis of research on Private Equity (PE) and identifies the key contributors, major countries and institutions, and scope for further research. It uses scientific mapping strategy to meet its goals and employs R studio to extract pertinent data. Scopus and Web of Science—two popular databases—were used to extract the data. The study examines 1698 publications from business, management, finance and econometrics journals. The data are analyzed using descriptive statistics. The status of research on PE is represented through graphical and tabular analysis. Since PE first gained popularity in developed nations like US, UK and Japan, these countries boast a majority of studies on the subject. The PE concept is still relatively new in emerging countries, and there is still opportunity for more research. Future research should focus on issues like investment, venture and market. [ABSTRACT FROM AUTHOR]

The United Kingdom's Indo-Pacific "tilt" has been warmly encouraged by Japan, its closest security partner in Asia. As UK-Japan strategic alignment evolves, the security and defence documents of both partners appear to also converge around a desire to "create" or "shape" a desirable regional environment. This paper illustrates how states may do so, using Japan and the UK as case studies. It investigates the theoretical premise and policy instruments available, before assessing opportunities and constraints. [ABSTRACT FROM AUTHOR]

Japan and the UK are long-established countries of immigration which although having different histories both share experience as colonial powers which have shaped their somewhat hostile attitudes towards migration alongside a need for migrant labour and negative public attitudes towards migrants. This paper sets the context to the Special Issue of the same name. It examines the migration and diversification histories and scholarships of Japan and the UK identifying common themes as well as divergences noting the ongoing diversifications of populations in both countries albeit on different scales. It then examines the key features which shape processes underpinning the emergence of superdiversity: super-mobility, and the scale, speed and spread of diversification, arguing the need to think about such processes outside of UK and Europe and considering the ways in which shifting scholarly gaze of superdiversity researchers to Japan can address some of the critiques of its Western-centric bias. The paper then outlines four main themes in superdiversity research setting out how they are addressed in this special issue before describing the key contributions of the ten papers which form the content of the collection. [ABSTRACT FROM AUTHOR]

Population aging has led to the establishment of Healthcare Real Estate Investment Trusts (HC-REITs) to boost the supply of nursing homes, but these initiatives have met with contrasting success in different countries. This paper bridges two strands of research on financialization, social welfare and the built environment, to explain the uneven geography of HC-REIT development in France, the UK and Japan. It argues that nation-specific processes of nursing home securitization are shaped by the interrelationships between three crucial factors: (i) the regime of retirement income, (ii) public policies dedicated to long-term institutional care and (iii) the power relations between the REITs and care providers themselves. Drawing on discussions with experts in these sectors, the paper demonstrates that liberal welfare states such as the UK have an especially attractive profile for Healthcare REIT investors due to the advanced state of financialized pension reforms, significant state disengagement in the provision of long-term care and REIT-friendly regulations that facilitate investment operations and leases. On the one hand, these tendencies are driving financial investors to satisfy a growing demand for retirement savings in niche markets such as Healthcare REITs. On the other hand, value extraction is being increasingly sought through the capture of care-dependent residents' home equity. By linking social benefit provisioning to later life housing accommodation, this article casts important light on current debates on the political economy of real estate financialization, while also emphasizing the need for continued state support for long-term institutional care. [ABSTRACT FROM AUTHOR]

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Challenges of weak economic growth, population decline, and labour shortages led many countries across the world to introduce immigration policy changes in order to attract foreign migrants. This paper focuses on Japan (Tokyo) and the UK (Birmingham, Edinburgh and Glasgow) given common concerns over long term demographic trends and the burgeoning lack of labour supply in particular sectors of the economy through use of foreign labour. The paper shifts the focus from efforts focused on attracting and selecting foreign labour to the retention of such individuals. Drawing on research with EU migrants in Japan and the UK, the paper highlights how staying may occur after a period of mobility, rather than only being of relevance to those who never left their home region. The paper develops a new conceptual framework, which helps to identify different dimensions that shape migrant staying as a temporal process. It is highlighted how staying is shaped incrementally and facilitated or undermined over time in relation to the reciprocal importance of diverse assets, anchors and the changing biographies of migrants and the places in which they live – as well as the relational aspects of migrants' 'linked lives'. [ABSTRACT FROM AUTHOR]

Industrialized countries have increasingly used skill-based selective migration policies to reduce labor and skill shortages. But are these policies effective? This paper uses Japan and the United Kingdom to illustrate how immigration policy and employment, training and labor practices influence labor and skill supply. Until recently, these two countries had different migration policies and labor practices. Yet data shows similar patterns of labor and skill shortage profiles in both countries. This paper draws on empirical research to argue that such outcomes suggest that immigration policies will not alleviate labor and skill shortages unless accompanied by the transformation of employment and training practices. [ABSTRACT FROM AUTHOR]

Hydrogen energy technologies are envisioned to play a critical supporting role in global decarbonisation. While low-carbon hydrogen is primarily targeted for reducing industrial emissions, alongside decarbonising parts of the transport sector, environmental benefits could also be achieved in the residential context. Presently, gas-dependent countries such as Japan and the United Kingdom are assessing the feasibility of deploying hydrogen home appliances, as part of their national energy strategies. However, prospects for the transition will hinge on consumer acceptance, alongside an array of other socio-technical factors. To support potential ambitions for large-scale and sustained technology diffusion, this study advances a Unified Theory of Domestic Hydrogen Acceptance. Through an integrative, comparative literature review targeting hydrogen and domestic energy studies, the paper proposes a novel Domestic Hydrogen Acceptance Model (DHAM), which accounts for the cognitive and emotional dimensions of human perceptions. Through this dual interplay, the proposed framework can increase the predictive power of hydrogen acceptance models. [Display omitted] • A unified theory of domestic hydrogen acceptance is proposed. • Researchers should integrate multiple acceptance constructs into survey studies. • Comprehensive perceived risks, costs, and benefits predict attitudes toward hydrogen. • Cognitive and emotional processes influence perceptions of hydrogen homes. • Community-level factors should be incorporated into hydrogen acceptance research. [ABSTRACT FROM AUTHOR]

This paper describes different forms of ownership across countries and how these forms influence the way companies are governed. In most stock markets in the world, listed companies frequently have a controlling shareholder, usually a family. However, Japan, the UK, and to a lesser extent the US, are exceptions. In these three countries, ownership is frequently highly fragmented, where share stakes are held by different institutional owners, including asset managers, both active and passive, and by shareholder activists. The paper focuses in particular on the governance structure of different institutional shareholders, how they engage with target firms, and their effectiveness. The paper concludes with recommendations for regulators to enhance different forms of ownership. [ABSTRACT FROM AUTHOR]

Objectives. The bibliometric analysis uses the citation count of an article to measure its impact in the scientific community, yet there is still no comprehensive summary of gastric disease researches via bibliometric analysis. We aimed to evaluate the situations and trends of the most cited articles in gastric disease via bibliometric analysis and to provide physicians a practical guide in assessing the most influential articles written on this subject. Methods. The 100 top-cited articles in gastric disease were compiled using Web of Science. The articles selected were evaluated for their number of citations, year of publication, country of origin, type of study, and others. Results. The database had 484,281 articles published between 1965 and 2019. The most cited article received 4,017 citations and the least received 604, with a mean of 1,149 citations. We classified the articles into seven categories: gastric cancer (n = 53), Helicobacter pylori (n = 17), ulcer (n = 7), gastrointestinal stromal tumors (n = 6), gastritis (n = 5), gastric bypass surgery (n = 2), and others (n = 10). Altogether, 69 of the articles were from the USA (n = 41), the UK (n = 17), and Japan (n = 11). Among all the institutions, Royal Perth Hospital led the list with 5 articles. One-quarter of authors owned three or more of these top-cited articles. The 100 papers were published in 33 journals, and most of them were clinical researches (n = 47). Conclusions. Our study provides a historical perspective for the scientific progress of gastric disease, and the articles of significant findings that contributed great impact on the prevention and treatment of gastric disease had been identified. [ABSTRACT FROM AUTHOR]

The public enquiry into the mass casualty incident at the Manchester Arena in the UK in which 23 people died and over 1000 were injured, identified the need for timely intramuscular administration of tranexamic acid to trauma patients. Since then, a number of studies and trials have been carried out and UK paramedics are now authorized to give intramuscular tranexamic acid in the pre-hospital setting. In Japan, pre-hospital administration by emergency life-saving technicians is not yet authorized, despite the fact that tranexamic acid was invented by Japanese scientists. In Japan, the need for the pre-hospital administration of tranexamic acid has been raised on several occasions, where a patient died from traumatic bleeding prior to hospital admission. This paper summarizes the evidence on the use of tranexamic acid in patients with traumatic bleeding, including new evidence on the intramuscular route. [ABSTRACT FROM AUTHOR]

The United Kingdom (UK) and Japan have conducted unprecedented military exercises as each other's closest security partners in Asia and Europe, respectively. Despite publicly avowed closeness, these military exercises were not predicated on formal alliance commitments or deterrence of common adversaries underpinned by shared threat perceptions. Addressing this puzzle, a hitherto-overlooked perspective of mutual strategic reassurance for trusted partners is proposed here. This paper derives hypotheses from existing – but relatively under-developed – literatures on military exercises and reassurances that locate the drivers of reassurance in the needs and weaknesses of the other. What stems from this starting premise is an importance placed on high-level diplomacy and adjusting military deployments to allay each other's strategic concerns. These hypotheses are tested by presenting original interview data supplemented with discourse analysis of both primary and secondary sources. The findings suggest that effusive diplomatic language vowing politico-strategic support for each other, reinforced by ground-breaking military exercises mutually reassured UK concerns about retaining post-Brexit global standing and Japan's apprehension over its dire geo-strategic context. While not quite deterrence or alliance, these military exercises enabled the UK and Japan to transform their predominantly trade-based relationship into a more defence-oriented one. [ABSTRACT FROM AUTHOR]

Communicating Equality, Diversity and Inclusion (EDI) topics has become a 'must-have' corporate practice for firms worldwide and a key component of Corporate Social Responsibility (CSR) reporting. Most studies have been carried out from a content analysis perspective and sparse attention has been paid to how the topics are discursively constructed. This paper explores the linguistic resources adopted in CSR reports to communicate EDI to both internal and external stakeholders. The analysis was conducted on a small sample of disclosures belonging to companies operating in three different sectors: Banking, Pharmaceuticals, Personal & Household Products and Services, and headquartered in three countries: the USA, the UK and Japan. With the support of corpus linguistics tools, portions of CSR reports were examined in a selection of frequent words and their phraseology. The quantitative and qualitative analysis was intended to shed light on the main discursive and rhetorical strategies for the expression of EDI in its many forms. [ABSTRACT FROM AUTHOR]

This paper investigates the acceptance of Autonomous Vehicles (AVs) in Japan, the UK and Germany and speculates on the implications for policy and practice. Three on-line surveys of 3,000 members of the public in total, which were conducted in January 2017 (Japan), March 2018 (UK) and November/December 2018 (Germany) were analysed using Principal Component Analysis and then with an Ordered Logit Model. It finds that acceptance of AVs was higher amongst people with higher expectations of the benefits of AVs, those with less knowledge of AVs, and those with lower perceptions of risk. It also finds frequent drivers and car passengers to be more accepting, but that socio-economic factors were mostly insignificant. Finally, there were significant cultural differences between the levels of acceptance between Japan (broadly positive), the UK (broadly neutral) and Germany (broadly negative). These findings suggest that AV promoters should raise (or at least maintain) expectations of AVs among the public; engage with the public to reverse the negative perception of AVs; address AV-generated fears; not bother targeting people by socio-economic group; target frequent car drivers and passengers with information about what AVs could do for them; and target countries where AVs already enjoy a positive image. [ABSTRACT FROM AUTHOR]

In this paper, a structural time series model is estimated to analyse the effect of quantitative easing (QE) on stock prices for the US, UK and Japan. The model is estimated by maximum likelihood in a time-varying parametric framework, using the DJIA, S&P500, NASDAQ, FTSE100 and the NIKKEI225 as the dependent variable and the balance sheet of the respective Central Bank as an explanatory variable, along with the unobserved components that account for the behaviour of other explanatory variables that are not explicitly specified in the model. The results show that QE had a significant but not exclusive effect on the DJIA, S&P500 and the NASDAQ, suggesting that these stock prices are also affected by other missing variables and cyclical movements. However, for the UK and Japan, no effect of QE on the FTSE100 and the NIKKEI225 is found, suggesting that variables other than QE are important for the rise in these stock prices. One plausible explanation for this result is that perhaps QE becomes effective only after a certain threshold level is met. [ABSTRACT FROM AUTHOR]

We employ a multi-factor analysis from both a firm-specific (microeconomic) and market-specific (macroeconomic) perspective to examine the determinants of credit default swap (CDS) spreads in the USA, the UK and Japan between 2005 and 2012. We investigate both aggregate (cross-country) and individual market data so that a comparative analysis can be performed. Our results reveal that (i) in general, Tobin's Q, stock market returns, and the risk-free interest rate possess significant explanatory power for CDS spreads; (ii) the relationship identified is found to exist in all three markets with varying strength; (iii) despite the added information flow, the 2007–2009 financial crisis did not shorten the persistence (adjustment speed) of CDS spreads to variations in our explanatory variables; and (iv) degree of firm leverage appears to have a significant influence on CDS spreads. These results are robust to various model specifications. Synthesizing our overall results, we maintain that to reap the benefits of using CDSs as a risk management tool, greater attention should be devoted to supporting a stable market (economic and financial) environment. This paper contributes to elucidate how firm performance and macroeconomic conditions play a significant role in explaining CDS spreads. [ABSTRACT FROM AUTHOR]

This paper constructs a theoretical framework for multi-population mortality modeling via generalized linear models and Lévy stochastic perturbations driven by a common Brownian motion and idiosyncratic factors to capture the mortality shocks. By having Lévy stochastic perturbations, our model admits various jump types, which is increasingly important for capturing mortality shocks such as pandemics, particularly when they affect various populations differently. At the same time, the proposed model allows a novel dependence structure of multiple populations, which is essential when it comes to the development of multi-population or joint-life products in the context of mortality shocks. In our empirical investigations, the mortality experiences of male and female lives in the UK and Japan are used. Compared with pure Poisson-generalized linear models, the proposed multi-population model shows superiority in predicting future mortality rates. [ABSTRACT FROM AUTHOR]

This paper produces the first cross-country evidence on the relationship between the size of foreign exchange reserves and local currency internationalization using a sample of Switzerland, Japan and the UK. It finds that a high ratio of foreign exchange reserves to international reserves has a significant, but negative, impact on local currency internationalization during the period 1976-2009. After controlling for interest rate differential, different indicators for long-run depreciation and volatility of exchange rates, as well as the once-in-a-century global financial crisis of 2007-2009, the above conclusion still holds. Additionally, these results are robust to different methods (Pooled OLS and Pooled IV/2SLS) and measures of the scale of foreign exchange reserves. This study is informative for any policy decisions and will provide a strategic reference for the Chinese government as it optimizes the composition of its international reserves, promotes the process of renminbi (RMB) internationalization and becomes a major power through financial development. [ABSTRACT FROM AUTHOR]

This study aims to identify the literacy skills of individuals whose highest level of education was in the field 'teacher training and educational sciences'. The study sample comprised 10,618 individuals in the field of teacher training and educational sciences, selected from 31 countries (participating in the International Adult Skills Assessment Programme during the 2014-2015 survey) using a multi-stage sampling method. The study employed multi-level latent class analysis and three-step analysis in order to determine both the number of multi-level latent classes of educators' literacy scores as well as the selected independent variables' success in predicting those latent classes. The analysis revealed that educators in Germany constituted the group with the highest literacy skills while educators from Singapore comprised the group with the lowest literacy skills. [This study was presented at the 9th International Congress of Educational Research. Ordu University, Ordu, Turkey.]

This scoping review explores the professional literature in allied healthcare to determine which self-assessments of mentor skills are the most valid and reliable for use in occupational therapy doctoral capstone programs. The aims of this scoping review include mapping evidence related to mentor assessments in healthcare, exploring implications for occupational therapy doctoral mentor training programs, and identifying common characteristics of mentor self-assessments for occupational therapy programs to consider when developing capstone mentoring resources. Researchers applied and reported via PRISMA Extension for Scoping Reviews (PRISMA-ScR). A librarian and authors formulated keywords and database selections to search PubMed/MEDLINE/PMC, and Embase were searched from across healthcare professions for training outcomes, mentor self-assessment, mentor attributes, and use of researcher-developed assessments. The search was limited to English publications from the last 20 years. Data were extracted for quantitative information regarding study characteristics and qualitative information about mentoring skills. A total of 852 results were delivered across all databases. Nineteen papers met the final eligibility criteria and were included in the data extraction. Populations were included from several healthcare professions, including 11 nursing, four healthcare researchers, one pharmacy, one midwifery, one medicine, and one medical dietetics. Countries included the United States (n = 7), Finland (n = 5), United Kingdom (n = 4), Japan (n = 1), South Africa (n = 1) and Canada (n = 1). The authors identified four valid self-assessment tools, demonstrating III and IV levels of evidence, that may be implemented by occupational therapy programs as they develop resources for mentor programs. Occupational therapy programs can use the mentor attributes found in this scoping review to create their own mentor assessment measures or may choose to use a validated tool. The authors recommend additional research in mentor education and mentor skill acquisition. [ABSTRACT FROM AUTHOR]

Index tracking is one of the most popular passive strategy in portfolio management. However, due to some practical constrains, a full replication is difficult to obtain. Many mathematical models have failed to generate good results for partial replicated portfolios, but in the last years a data driven approach began to take shape. This paper proposes three heuristic methods for both selection and allocation of the most informative stocks in an index tracking problem, respectively XGBoost, Random Forest and LASSO with stability selection. Among those, latest deep autoencoders have also been tested. All selected algorithms have outperformed the benchmarks in terms of tracking error. The empirical study has been conducted on one of the biggest financial indices in terms of number of components in three different countries, respectively Russell 1000 for the USA, FTSE 350 for the UK, and Nikkei 225 for Japan. [ABSTRACT FROM AUTHOR]

In this paper, we apply a rolling‐window strategy using data from the United States (US), the United Kingdom (UK), and Japan to determine the dynamic linear and nonlinear Granger causality relationship between short‐ and long‐term interest rates over time and visualize the results. Our findings from US data show an asymmetrical relationship between short‐ and long‐term interest rates. We find that in the overall sample period, the long‐term interest rate nonlinearly Granger‐causes the short‐term interest rate. Using the rolling‐window approach, when the start of the subsample is earlier than 2000 we find evidence that the long‐term interest rate Granger‐causes the short‐term interest rate, either linearly or nonlinearly, while in most of the subsamples the short‐term interest rate does not linearly or nonlinearly Granger‐cause the long‐term interest rate. However, for the UK and Japan, there are bidirectional Granger causality relationships between short‐ and long‐term interest rates. [ABSTRACT FROM AUTHOR]

Teacher education has gathered interest globally and nationally among teachers, educators, researchers and policy makers. Madalinska-Michalak, O 'Doherty and Assuno Flores (2018) observe that regional/ national, social, economic, political and historical factors impact upon teacher education and 'it is also impacted by global problems and tendencies' (pp. 567). This paper builds on these debates and examines the effects of global discourses of teacher education in the national contexts of developed and developing countries, for example, Guyana, Japan, South Africa, United States of America (USA) and the United Kingdom (UK). This includes consideration of teacher education and training before and during the current global COVID-19 pandemic (UNESCO, 2020). The paper concludes that teacher education continues to be under scrutiny due to global and national expectations, the demand of and how they are positioned in preparing teachers for the 21st century. Notwithstanding, as globalisation becomes more integrated in societies globally teacher education curricula not only has to retain its emphasis on standards, but equally its agility to ensure that the needs of all learners are met.

This paper is a critical systematic literature review of empirical work on creative pedagogies from 1990 to 2018. It responds to the increased international attention being afforded creativity and creative pedagogies in research, policy and practice and examines the evidence regarding creative pedagogical practices and the potential impact of these on students' creativity. The methodology encompassed four stages. Firstly, an educational database keyword search was undertaken and 801 papers identified, manual searches added 12 further papers. Secondly, through applying inclusion/exclusion criteria, 89 papers were identified for closer scrutiny; these papers focused on students aged 0-18 years in formal educational settings and were peer-reviewed reports of empirical work. Thirdly, these papers were subjected to in-depth review and rating, this reduced the included selection to 35 papers. Finally, these papers were subject to further analysis and synthesis. The findings reveal that seven interrelated features characterise creative pedagogical practice, namely generating and exploring ideas; encouraging autonomy and agency; playfulness; problem-solving; risk-taking; co-constructing and collaborating; and teacher creativity. The paper also reveals that the evidence for the impact of these pedagogical practices on students' creativity is inconclusive. It highlights the complexities and challenges of documenting creative pedagogies in the years of formal schooling and concludes with key recommendations and implications for research, policy and practice.

Modern medicine has developed a number of technologies to observe, diagnose, and intervene in the human body. Medical technologies make bodies visible by number and form. Many historians have studied how such medical technologies as the stethoscope, pulse meter, cardiograph, and thermometer were invented and subsequently influenced societies. However, recent historians have turned their attention to the technology-in-practice to show a unidirectional history intertwined by devices, clinicians, and users. This paper aims to follow this line of study by focusing on a history of clinical thermometry inmodern Britain and Japan. First, it surveys secondary works on medical technologies in history and explores how clinical thermometers were invented, improved, sold, and consumed in two distinct cultures in Britain and Japan. It argues that clinical thermometry was used for consumers' own sakes, for example, performing a gender role and dreading influenza, and also framed by such external factors as war and pandemics. [ABSTRACT FROM AUTHOR]

With climate change, many cultural landscapes will be lost or permanently altered. One approach to managing this is through international designation, through UNESCO, and the focus that it provides. National designations such as National Park status also offer a set of strategies for managing and adapting. This paper explores landscape designations in Japan and the UK focusing on the UNESCO World Heritage List. It is suggested that the UK's dualistic governmental structures for landscapes prioritise some attributes over others. This is examined through the recent inscription of the Lake District as a World Heritage Property and counterpointed through looking at the recent Landscape Review also known as the Glover Report. A case study on a Japanese approach to landscape designation is explored to suggest alternative approaches. Both country's relationship with international designation is discussed. Methodologies and theoretical approaches are examined with the conclusion that landscape change and loss are dealt with in Japan differently and arguably more effectively. [ABSTRACT FROM AUTHOR]

This paper employs narrative research methods to provide new theoretical and empirical insights into the role of individual agency in student migration. The paper begins with a theoretical exploration of agency in international migration, broadly conceived, and applies this to student migration specifically. This exploration emphasizes the strengths of a life-course perspective in analyzing the role of individual agency in student-migration journeys, as this perspective is sensitive to temporality. Following this approach, the paper offers a novel theoretical framework for analyzing student-migration, drawing on Emirbayer & Mische's (Emirbayer and Mische, American Journal of Sociology 103:962-1023, 1998) 'chordal triad' model of agency, and presents analysis of 18-months of narrative data collection with 26 international student-migrants in the UK and Japan. Interview data demonstrate how three agentive orientations--habit, imagination, and judgment--are each associated with specific tactics that individuals can use to navigate the challenging terrain of their student migration trajectories. Participants also exhibited changing agentive orientations over time. The results of this analysis indicate that the role of agency is dynamic within the education-migration nexus, changing in relation to: (1) the evolving relationship between individual student-migrants and their contexts, and (2) the simultaneous evolution of each individual's life-course project. In summary, while student-migrants are influenced by context, they also exhibit the capacity to evolve and adapt agentively in the pursuit of their goals.

Background/objectives: Sedentary behavior (SB), defined as sitting (nonexercising), reclining, and lying down (posture), or by low energy expenditure, is a public health risk independent to physical activity. The objective of this systematic literature review was to synthesize the available evidence on amount of SB reported by and measured in older adults. Data source: Studies published between 1981 and 2014 were identified from electronic databases and manual searching. Large-scale population studies/surveys reporting the amount of SB (objective/ subjective) in older adults aged ≥ 60 years of age were included. Appraisal and synthesis was completed using MOOSE guidelines. Results: 349,698 adults aged ≥ 60 within 22 studies (10 countries and 1 EU-wide) were included. Objective measurement of SB shows that older adults spend an average of 9.4 hr a day sedentary, equating to 65-80% of their waking day. Self-report of SB is lower, with average weighted self-reports being 5.3 hr daily. Within specific domains of SB, older adults report 3.3 hr in leisure sitting time and 3.3 hr watching TV. There is an association with more time spent in SB as age advances and a trend for older men to spend more time in SB than women. Conclusion/ implications: Time spent sedentary ranges from 5.3-9.4 hr per waking day in older adults. With recent studies suggesting a link between SB, health, and well-being, independent of physical activity, this is an area important for successful aging. Limitations: Different methodologies of measurement and different reporting methods of SB made synthesis difficult. Estimated SB time from self-report is half of that measured objectively; suggesting that most self-report surveys of SB will vastly underestimate the actual time spent in SB. [ABSTRACT FROM AUTHOR]

This article provides an analysis of the economic cost incurred by the world through the use of the fiat international reserve currency since the end of the 1971 gold standard system. The article uses the Quantity Theory of Money to provide an empirical manifestation of how reserve currency yields income to its issuing country through the provision of an inflation buffer, which is equivalent to what the article frames as an imperial rent of reserve currency. The article then provides a method to estimate the cumulative quantity of this rent by using data on the broad money supply, nominal GDP, and world total official foreign exchange holdings of the currency of the country in question. The article estimates that the quantity of the imperial rent of reserve currency that accrued to the four major reserve currency-issuing states (US, Euro area, UK, Japan) from the end of the gold standard until the end of 2021, which was accumulated through the official channel only, is of a value equivalent to 11.1 trillion USD, 71 % of this amount went to the US singly. [ABSTRACT FROM AUTHOR]

There is an urgent need to expand the scale and scope of refugee resettlement schemes, and yet country approaches to resettlement vary markedly and there is little cross-country learning from approaches and refugee experiences. In Japan, resettlement focuses on economic self-sufficiency through employment; whereas the UK, through Community Sponsorship volunteers, on providing social connections to facilitate integration. This paper explores the strengths and short-comings of each approach and examines the ways in which refugee resettlement programmes prioritising different integration domains might influence refugee experiences of integration more widely. Drawing on principles and domains set out in the Indicators of Integration Framework (Ndofor-Tah, C. Strang, A. Phillimore, J. Morrice, L., Michael, L., Wood, P., Simmons, J. (2019) Home Office Indicators of Integration framework 2019), insight is provided into the multi-dimensionality of integration and new understandings about the nature of social connections are offered. The findings highlight the context specific nature of integration policy and practice and underline the importance of a holistic approach. We conclude that resettlement initiatives might incorporate both employers and local communities working in collaboration to support newly arrived refugees but with some state involvement. [ABSTRACT FROM AUTHOR]

This paper presents a compilation of personal reflections from 66 contributors on the impact of, and responses to, COVID-19 in accounting education in 45 different countries around the world. It reveals a commonality of issues, and a variability in responses, many positive outcomes, including the creation of opportunities to realign learning and teaching strategies away from the comfort of traditional formats, but many more that are negative, primarily relating to the impact on faculty and student health and well-being, and the accompanying stress. It identifies issues that need to be addressed in the recovery and redesign stages of the management of this crisis, and it sets a new research agenda for studies in accounting education.

Background: Pre‐implantation genetic testing (PGT) has been performed worldwide since it was first used by Handyside et al in the United Kingdom to sex embryos in 1990. Until about 2010, cleavage stage embryo biopsy and fluorescent in situ hybridization (FISH) were mainstream; however, in 2012, blastocyst biopsy (trophectoderm; TE biopsy) became mainstream. In addition, array comparative genomic hybridization (aCGH) was used for analysis and further evolved to next‐generation sequencing (NGS), which is used worldwide. Methods: PGT for reciprocal balanced translocation and Robertsonian translocation (PGT‐SR) was approved in Japan for habitual abortion to reduce pregnancy loss, and since 2008, we have been performing PGT‐SR using cleavage stage embryos and FISH. In 2014, we performed TE biopsy and NGS analysis. Main findings: In this paper, I separately described the details of our methods and clinical results of FISH and NGS. NGS is superior to FISH because it can detect all chromosomes. Conclusion: TE biopsy and NGS, which have recently become mainstream, have stable outcomes, because TE biopsy yields more cells and fewer mosaics than the cleavage stage. As a result, diagnoses are more reliable, resulting in higher pregnancy rates and lower abortion rates. [ABSTRACT FROM AUTHOR]

Throughout the 1900s, Britain and Japan enjoyed a close diplomatic relationship that was best exemplified by their alliance of twenty years (1903–1923). Cultural ties during this period though were more distant. Despite this complex relationship, British film distributors were active in Japan during the 1910s. However, their competiveness would weaken to the extent that they were eventually displaced by the Hollywood studios by the 1920s. Against this backdrop, Anglo-Japanese relations also became more distant following the end of World War I. The common perception is that the political situation related to the war had a significant impact on the decline of Europe's film industries. This paper examines the factors behind the British film industry's struggles in Japan that seem to correlate with the final chapter of the close political relationship in the late 1910s. It will show that actually the post-World War I political environment had little impact upon the decline of the British presence in the Japanese film market. Rather it was industrial factors ranging from changes in film distribution to the quality of films produced that limited the opportunities for British film companies. Such findings have important implications for Europe's film industries today who are confronted by Hollywood's dominance. [ABSTRACT FROM AUTHOR]

Entrepreneurial ecosystems are the focus of government economic policies around the world for their potential to generate entrepreneur-led economic development. The paper identifies key research questions and challenges to building effective public policy: (i) the limitations of existing data sources, (ii) the need to balance findings from quantitative and qualitative studies, (iii) the danger that entrepreneurial ecosystems will be just a policy fad, (iv) the narrow focus of policy and research on high tech firms and scale-ups, and (v) the need to balance research approaches between simplified models and a complex systems approach. There is a need for a better understanding of the diversity of policy contexts (level of government, country context) and model of ecosystem governance. A more granulated understanding of ecosystem thinking is required, with greater consideration of the diversity of actors and the institutional context, with more attention given to the heterogeneous nature of places and complex interactions between actors and networks. Looking to the future, the potential of new data sources and methodologies is identified. Future research should give greater consideration to the institutional context to understand how policy can better support entrepreneurial activity and the extent to which specific policies can be replicated elsewhere. [ABSTRACT FROM AUTHOR]

It has been claimed that, for dynamic investment strategies, the simple act of rebalancing a portfolio can be a source of additional performance, sometimes referred to as the volatility pumping effect or the diversification bonus because volatility and diversification turn out to be key drivers of the portfolio performance. Stochastic portfolio theory suggests that the portfolio excess growth rate, defined as the difference between the portfolio expected growth rate and the weighted-average expected growth rate of the assets in the portfolio, is an important component of this additional performance (see Fernholz [Stochastic Portfolio Theory, 2002 (Springer)]). In this context, one might wonder whether maximizing a portfolio excess growth rate would lead to an improvement in the portfolio performance or risk-adjusted performance. This paper provides a thorough empirical analysis of the maximization of an equity portfolio excess growth rate in a portfolio construction context for individual stocks. In out-of-sample empirical tests conducted on individual stocks from 4 different regions (US, UK, Eurozone and Japan), we find that portfolios that maximize the excess growth rate are characterized by a strong negative exposure to the low volatility factor and a higher than 1 exposure to the market factor, implying that such portfolios are attractive alternatives to competing smart portfolios in markets where the low volatility anomaly does not hold (e.g. in the UK, or in rising interest rate scenarios) or in bull market environments. [ABSTRACT FROM AUTHOR]

In this paper, we analyze the relationship between unconventional monetary policy (UMP), measured through shadow interest rates, and housing markets for the USA, the United Kingdom, Japan, and the Euro Area using a set of time-varying parameter vector autoregressive models. Our findings suggest that the monetary policy transmission mechanism to the housing market has not changed with the implementation of quantitative easing or forward guidance for most economies considered. A counterfactual exercise provides some evidence that UMP has been particularly successful in dampening the consequences of the financial crisis on housing markets in the USA, while the effects are more muted in the remaining countries considered. [ABSTRACT FROM AUTHOR]