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2. Can ‘market transformation’ lead to ‘sustainable business’? A critical appraisal of the UK's strategy for sustainable business<FNR></FNR><FN>An earlier version of this paper was presented at the 1999 Business Strategy and the Environment Conference in Leeds. The author would like to thank all those who commented on it there. </FN>
- Author
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Smallbone, Teresa
- Subjects
SUSTAINABLE development ,ENERGY policy ,MARKETING ,CONSUMER behavior - Abstract
This paper traces the origins and development of the concept of ‘market transformation’, from its beginnings as a part of energy policy in the USA, to its subsequent development in the UK. It discusses whether it could become a strategic option for British business in pursuit of sustainable growth. Drawing together themes from the academic literature on marketing, consumer behaviour, business, and energy policy, together with data from national programmes, and British government sources, the paper argues that such an approach would be based on a twin false premise – that selling energy efficiency to consumers is in accordance with modern marketing thinking, and that it has much to do with achieving sustainable development. It concludes that while achieving sustainable development will certainly encompass the transformation of markets for many products, ‘market transformation’ itself cannot be seen as a key driver for change. Copyright © 2004 John Wiley & Sons, Ltd and ERP Environment. [ABSTRACT FROM AUTHOR]
- Published
- 2004
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3. Author's reply to Wheeler-Getman-Brody papers.
- Author
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Compa, Lance
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HUMAN rights ,LABOR laws ,COMMERCIAL law ,EMPLOYEES ,LABOR ,ASSOCIATIONS, institutions, etc. ,LABOR contracts ,INDUSTRIAL relations - Abstract
Women's groups in unions are collective, spaces within which women seek to advance their concerns and access empowering positions. This paper examines their pursuit of gender equality in unions. The need to explore unions and women's groups is heightened by women's significance as a source of union membership, and the connection between union revitalization and responsiveness to women. The paper uses case studies of two unions, MSF and USDAW, and seven women's groups. The analysis is structured by a typology of two frameworks: (i) a typology of gendered equality ideas derived from various literatures, and (ii) the dynamic and linked dimensions of Hyman's (1994) union organization model. Implications for research and theory, and for union policy and practice, are discussed. [ABSTRACT FROM AUTHOR]
- Published
- 2002
4. Are coronectomy studies being cited? A bibliometric study.
- Author
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Yeung, Andy Wai Kan, Wong, Natalie Sui Miu, and Leung, Yiu Yan
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MAXILLOFACIAL surgery ,LIP surgery ,DISEASES - Abstract
Aim: The aim of the present bibliometric study was to analyze the citations received by coronectomy papers and their references. Methods: Data were extracted from the Web of Science online database. After excluding irrelevant papers, full record and cited references from 79 papers were downloaded and imported into VOSviewer and CRExplorer for bibliometric analyses. Results: The 79 papers on coronectomy collectively had 9.7 citations per paper. The h‐index of this collection of papers was 17. The top five major contributing countries were the UK (N = 20, 25.3%), the USA (N = 10, 12.7%), Italy (N = 9, 11.4%), China (N = 5, 6.3%), and Turkey (N = 5, 6.3%). The top two major contributing journals, Journal of Oral and Maxillofacial Surgery and British Journal of Oral and Maxillofacial Surgery, together accounted for more than half of the 79 papers (N = 43, 54.4%). Conclusions: Papers dealing with postoperative morbidity topics had high citation counts in general, such as dry socket (27.4 citations per paper), infection (24.6 citations per paper), and safety (35.5 citations per paper). Citation per paper correlated with publication count at the affiliation level, but not at the author, country, and journal levels. [ABSTRACT FROM AUTHOR]
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- 2019
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5. A qualitative exploration of speech–language pathologists' approaches in treating spoken discourse post‐traumatic brain injury.
- Author
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Hoffman, Rhianne, Spencer, Elizabeth, and Steel, Joanne
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SPEECH therapy ,MEDICAL logic ,MEDICAL protocols ,QUALITATIVE research ,INTERVIEWING ,CONTENT analysis ,JUDGMENT sampling ,PHYSICIAN practice patterns ,RESEARCH methodology ,SOCIAL skills ,BRAIN injuries ,DISEASE complications - Abstract
Background: Spoken discourse impairments post‐traumatic brain injury (TBI) are well‐documented and heterogeneous in nature. These impairments have chronic implications for adults in terms of employment, socializing and community involvement. Intervention delivered by a speech–language pathologist (SLP) is recommended for adults with discourse impairments post‐TBI, with an emphasis on context‐sensitive treatment. The developing evidence base indicates a wide array of treatment components for SLPs to evaluate and implement within their clinical practice. However, there is limited insight into how SLPs are currently treating discourse impairments and the rationales informing clinical practice. Aims: To explore the under‐researched area of clinical practice for spoken discourse interventions with adults post‐TBI, including treatment components and clinician rationales, and to contribute towards a shared knowledge base. Methods & Procedures: Participants were recruited via purposeful sampling strategies. Six SLPs participated from Australia, the United Kingdom (UK) and the United States (US). Semi‐structured interviews were conducted via Zoom. Interviews were manually transcribed, coded and analysed via a qualitative content analysis approach. Outcomes & Results: :Participants described discourse treatment practices across various settings and TBI recovery stages. Results indicated that SLPs used numerous treatment activities, resources and outcome measures. Intervention approaches primarily targeted social communication skills, strategy development/utilization and insight‐building. Clinical practice conformed to available guidelines where possible, reflected best practice and incorporated components of the research literature. Participants reported using individualized treatment activities aimed at addressing client‐specific factors and rationales prioritized tailored, context‐sensitive and goal‐directed treatment. Conclusions & Implications: This study provided insight into a previously under‐researched area. It highlighted a wide range of treatment activities and factors informing current SLPs' treatment of spoken discourse impairment post‐TBI. Overall, clinical practice and rationales discussed in this study were aligned with best practice and emphasized a contextualized, individualized approach to discourse treatment across service settings and stages of recovery. Participants identified areas requiring further support, including access to training, resources and research, and the challenge of finding suitable outcome measures. Further investigation into discourse management post‐TBI, from initial assessment to outcome measurement, may help inform clinical decision‐making and the transfer of research to practice. WHAT THIS PAPER ADDS: What is already known on the subject: Spoken discourse impairments occur in dialogic and monologic productions post‐TBI. Interventions targeting both genres are detailed within the research literature; however, studies exploring clinical practice and decision‐making for discourse interventions post‐TBI are limited. What this paper adds to existing knowledge: This study provides new insight into the current treatment targets, activities, resources and outcome measures employed by clinicians supporting adults with discourse impairment post‐TBI. It details the factors that influence clinical decision‐making for this caseload and identifies an emphasis on client priorities and the value of clinician experience. What are the potential or actual clinical implications of this work?: This study identifies the broad and complex considerations required to deliver context‐sensitive discourse intervention post‐TBI. It indicates the need for an in‐depth review from assessment to treatment outcomes to better understand and support this area of practice and to direct future research. This study also highlighted the role of clinician experience in discourse intervention and the value of sharing clinical knowledge and resources within and across the profession to support all levels of clinician experience. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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6. Telehealth administration of narrative and procedural discourse: A UK and US comparison of traumatic brain injury and matched controls.
- Author
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Cruse, Nicole, Piotto, Victor, Coelho, Carl, and Behn, Nicholas
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HEALTH services accessibility ,COMPARATIVE grammar ,TASK performance ,PHONOLOGICAL awareness ,SAMPLE size (Statistics) ,APHASIA ,TELEREHABILITATION ,MANN Whitney U Test ,DESCRIPTIVE statistics ,TELEMEDICINE ,DISCOURSE analysis ,SOCIAL integration ,CASE-control method ,QUALITY of life ,COMMUNICATION ,BRAIN injuries ,SPEECH disorders ,DATA analysis software ,EMPLOYMENT reentry ,COVID-19 pandemic ,INTER-observer reliability ,NONPARAMETRIC statistics ,RELIABILITY (Personality trait) - Abstract
Background: Impaired discourse production is commonly reported for individuals with traumatic brain injury (TBI). Discourse deficits can negatively impact community integration, return to employment and quality of life. COVID‐19 restrictions have reduced in‐person assessment services for people with communication impairments. Advances in telehealth may help speech and language therapists (SLTs) to assess monologic discourse more systematically and improve access to services for patients who may find it difficult to attend in‐person. Aims: To examine the feasibility of telehealth administration of narrative and procedural discourse tasks with individuals with TBI and matched controls. Methods & Procedures: A total of 20 individuals with TBI and 20 healthy controls, aged 18–55 years, were directly recruited from the UK and indirectly recruited from the US. For participants with TBI, time post‐injury was at least 3 months with no diagnosis of aphasia. Control participants were matched for sex and as closely as possible for age. Feasibility of measures was based upon the time to administer both narrative tasks, the report of any technological problems, and participant feed. Discourse samples were transcribed verbatim and analysed using story grammar analysis (for narrative discourse) and identification of propositions (for procedural discourse). Interrater reliability was calculated using percentage agreement for 50% of the data. Non‐parametric analyses were used to analyse the performance of the two groups. Outcomes & Results: Narrative and procedural discourse samples were collected via telehealth in approximately 10 min with no reported technical difficulties or complaints from any participants. For narrative discourse performance, there were significant differences for the TBI and control groups for measures of complete episodes (p < 0.001) and missing episodes (p = 0.005). No significant group differences were noted for any of the procedural discourse measures. Conclusions & Implications: Results support the feasibility of collecting discourse samples via telehealth. Although the participants' discourse performance distinguished the TBI and control groups on the narrative task, no differences between the groups were noted for the procedural task. The narrative discourse task may have been more difficult than the procedural task, or video cue support reduced the cognitive load of the procedural task. This finding suggests the use of more complex procedural tasks without video cue support may be needed. WHAT THIS PAPER ADDS: What is already known on this subject: Although little research has explored the feasibility of administering discourse assessments for individuals with TBI via telehealth, some studies have found that discourse interventions can be feasibly administered via telehealth. It is also well established that individuals with TBI struggle with the supra‐structural and macro‐linguistic elements of discourse production. Both procedural and narrative discourse tasks have been found to differentiate individuals with TBI from healthy controls. What this paper adds to existing knowledge: Few studies have investigated the feasibility of, and procedures for, administering discourse tasks via telehealth. Additionally, the inclusion of multiple types of discourse tasks to parse cognitive–communication abilities is lacking in the current literature. Findings from this study support that narrative and procedural discourse can be feasibly sampled via telehealth and that international collaboration for research on this topic can facilitate such studies. Individuals with TBI performed more poorly on three measures of narrative discourse. No differences between groups were identified for the procedural task. What are the potential or actual clinical implications of this work?: Telehealth assessment for discourse provides flexibility for both the individual with TBI and the speech–language therapist and does not compromise the quality of data collected. The administration of discourse tasks and collection of data was not time‐consuming and was well accepted by the study participants. Additionally, international research collaboration not only expands potential participation in research but increases the opportunity to recruit and study more diverse groups. [ABSTRACT FROM AUTHOR]
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- 2024
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7. A survey of speech pathologists' opinions about the prospective acceptability of an online implementation platform for aphasia services.
- Author
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Trebilcock, Megan, Shrubsole, Kirstine, Worrall, Linda, and Ryan, Brooke
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TELEREHABILITATION ,SPEECH therapy ,ATTITUDES of medical personnel ,INTERNET ,RESEARCH methodology ,MEDICAL care ,CONCEPTUAL structures ,SELF-efficacy ,REHABILITATION of aphasic persons ,QUESTIONNAIRES ,DESCRIPTIVE statistics ,SPEECH therapists ,INTERNET service providers - Abstract
Background: Online knowledge translation (KT) approaches are becoming increasingly prevalent within healthcare due to their accessibility and facilitation of international support networks. Online platforms enable timely and far‐reaching dissemination of current evidence and best‐practice recommendations. Although there is potential to improve the uptake of rehabilitation guidelines, it is essential to consider the acceptability of online approaches to healthcare professionals to ensure their successful integration within everyday clinical settings. Aims: To establish the prospective acceptability of a theoretically informed online intervention for speech pathologists, Aphasia Nexus: Connecting Evidence to Practice, that aims to facilitate the implementation of aphasia best practice. Methods & Procedures: A mixed‐methods multinational electronic survey based on the Theoretical Framework of Acceptability (TFA) completed by aphasia researchers and clinicians. Outcomes & Results: A total of 43 participants completed the survey with 91% (n = 39) indicating that they would use Aphasia Nexus. Understanding the intervention and how it works (intervention coherence as per the TFA) was the key factor influencing the likelihood of integration within everyday clinical practice. Participants identified potential areas where the intervention could influence service change and also recommended further design and content changes to improve the intervention. Conclusions & Implications: Aphasia Nexus is an acceptable platform for further feasibility testing in the form of a pilot trial within an Australian‐based health service. The study progresses the theory of TFA as it was a valuable framework facilitating the identification of prominent factors influencing acceptability. The study also informs further intervention refinements in preparation for the next stage of research. WHAT THIS PAPER ADDS: What is already known on the subject: Online strategies have the potential to enhance KT and promote the uptake of rehabilitation guidelines. An online intervention, however, can only be effective if implemented well. For this reason, it is essential to establish the acceptability of online interventions to the intended recipients and therefore increase the likelihood of successful implementation. What this paper adds to existing knowledge: This study used a theoretically based framework to establish the acceptability of an online implementation intervention, Aphasia Nexus, to multinational aphasia clinicians and researchers. It demonstrated the value in identifying the prominent factors influencing acceptability to inform further intervention refinements and warrant continuing research. What are the potential or actual clinical implications of this work?: Speech pathologists should use online platforms to drive the implementation of best practice on an international scale. It is important for clinicians to have an in‐depth understanding of online interventions and how they work to enhance their successful uptake into routine clinical practice. Aphasia Nexus is an acceptable online platform for implementing best practice in aphasia. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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8. Report of the Editors of The Financial Review for 2016.
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Krishnamurthy, Srinivasan and Warr, Richard S.
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- UNITED States, UNITED Kingdom, EUROPE
- Abstract
The article reviews the November 2016 issue of the periodical 'The Financial Review.'
- Published
- 2017
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9. A bibliometric analysis of Community Dentistry and Oral Epidemiology: Fifty years of publications.
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Nath, Sonia, Thomson, William Murray, Baker, Sarah R., and Jamieson, Lisa M.
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DATABASES ,INTELLECT ,DENTAL public health ,COMPUTER software ,INTERPROFESSIONAL relations ,CITATION analysis ,POPULATION geography ,SPECIAL days ,BIBLIOMETRICS ,PUBLISHING ,MEDICAL research ,AUTHORS ,HEALTH equity ,ORAL health - Abstract
Objectives: In celebration of the journal's 50th anniversary, the aim of the study was to review the whole collection of Community Dentistry and Oral Epidemiology (CDOE) publications from 1973 to 2022 and provide a complete overview of the main publication characteristics. Methods: The study used bibliometric techniques such as performance and science mapping analysis of 3428 articles extracted from the Scopus database. The data were analysed using the 'Bibliometrix' package in R. The journal's scientific production was examined, along with the yearly citation count, the distribution of publications based on authors, the corresponding author's country and affiliation and citation count, citing source and keywords. Bibliometric network maps were constructed to determine the conceptual, intellectual and social collaborative structure over the past 50 years. The trending research topics and themes were identified. Results: The total number of articles and average citations has increased over the years. D Locker, AJ Spencer, A Sheiham and WM Thomson were the most frequently published authors, and PE Petersen, GD Slade and AI Ismail published papers with the highest citations. The most published countries were the United States, United Kingdom, Brazil and Canada, frequently engaging in collaborative efforts. The most common keywords used were 'dental caries', 'oral epidemiology' and 'oral health'. The trending topics were healthcare and health disparities, social determinants of health, systematic review and health inequalities. Epidemiology, oral health and disparities were highly researched areas. Conclusion: This bibliometric study reviews CDOE's significant contribution to dental public health by identifying key research trends, themes, influential authors and collaborations. The findings provide insights into the need to increase publications from developing countries, improve gender diversity in authorship and broaden the scope of research themes. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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10. International research into 22 years of use of chemical restraint: An evidence overview.
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Muir‐Cochrane, Eimear, Oster, Candice, and Grimmer, Karen
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ANXIETY prevention ,VIOLENCE prevention ,AGGRESSION (Psychology) ,HOSPITAL wards ,HOSPITAL emergency services ,INDUSTRIAL safety ,RESTRAINT of patients ,SYSTEMATIC reviews ,PSYCHIATRIC treatment - Abstract
Background: Chemical restraint (CR) (also known as rapid tranquilisation) is the forced (non‐consenting) administration of medications to manage uncontrolled aggression, anxiety, or violence in people who are likely to cause harm to themselves or others. Our population of interest was adults with mental health disorders (with/without substance abuse). There has been a growing international movement over the past 22 years towards reducing/eliminating restrictive practices such as CR. It is appropriate to summarise the research that has been published over this time, identify trends and gaps in knowledge, and highlight areas for new research to inform practice. Aims: To undertake a comprehensive systematic search to identify, and describe, the volume and nature of primary international research into CR published since 1995. Methods: This paper reports the processes and overall findings of a systematic search for all available primary research on CR published between 1 January 1996 and 31 July 2018. It describes the current evidence base by hierarchy of evidence, country (ies) producing the research, CR definitions, study purpose, and outcome measures. Results: This review identified 311 relevant primary studies (21 RCTs; 46 non‐controlled experimental or prospective observational studies; 77 cross‐sectional studies; 69 retrospective studies; 67 opinion pieces, position or policy statements; and 31 qualitative studies). The USA, UK, and Australia contributed over half the research, whilst cross‐country collaborations comprised 6% of it. The most common research settings comprised acute psychiatric wards (23.3%), general psychiatric wards (21.6%), and general hospital emergency departments (19.0%). Discussion A key lesson learnt whilst compiling this database of research into CR was to ensure that all papers described non‐consenting administration of medications to manage adults with uncontrolled aggression, anxiety, or violence. There were tensions in the literature between using effective CR without producing adverse events, and how to decide when CR was needed (compared with choosing non‐chemical intervention for behavioural emergencies), respecting patients' dignity whilst safeguarding their safety, and preserving safe workplaces for staff, and care environments for other patients. The range of outcome measures suggests opportunities to standardise future research. [ABSTRACT FROM AUTHOR]
- Published
- 2020
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11. Can Economists Forecast Exchange Rates? The Debate Re-Visited: The Case of the USD/ GBP Market.
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Goss, Barry A. and Avsar, S. Gulay
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FOREIGN exchange rates -- Forecasting ,MACROECONOMIC models ,SCARCITY ,RATIONAL expectations (Economic theory) ,ECONOMICS ,RANDOM walks - Abstract
In the debate on forecasting exchange rates, critics claimed that traditional macroeconomic models could not outperform a random walk in post-sample forecasts. Perceived deficiencies include inadequate allowance for simultaneity, and expectations hypotheses inconsistent with the structure of models employed. This paper re-visits the debate, first to address critics' major concerns, and second because in the view of the present authors, the debate closed on an unduly pessimistic note. This paper develops a simultaneous, rational expectations model of the USD/ GBP market, with functional relationships for hedgers, speculators and a spot rate equation. The model is estimated with data contemporaneous to the debate, including a period during which the US Commodity Futures Trading Commission did not collect data on traders' open positions. Using the results of post-debate research on tests for stationarity with missing observations, the model, using only public information, outperforms a random walk in post-sample forecasts of the spot rate. Recent microstructure models of the exchange rate based on order flow have re-kindled the forecasting debate. The model developed here, however, is differentiated from these microstructure models, first because order flow utilises both public and private information, and second because the microstructure models do not directly address critics' concerns. [ABSTRACT FROM AUTHOR]
- Published
- 2016
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12. History and its contribution to understanding addiction and society.
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Berridge, Virginia
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DRUG abuse ,DRUG abuse policy ,SUBSTANCE abuse ,HEALTH policy ,SUBSTANCE abuse treatment ,HISTORY of research ,PRACTICAL politics ,GOVERNMENT policy ,BOOKS ,HISTORY - Abstract
This paper provides a personal memoir of historical work at the Addiction Research Unit, in particular the genesis of the book Opium and the People. This topic had policy significance for US drug policy and a competing US study was funded. The development of the substance use history field is surveyed, and its expansion in recent times through a focused professional association and a critical mass of researchers in the area, covering a wide range of topics. The politics of using history in this area can be problematic. History now sits at the policy table more easily, but there is still a tendency for professionals in the field to use (and misuse) it, rather than calling on the interpretive and challenging approach they would obtain from professional historians. The paper calls for historians and others to move beyond a substance specific focus and to avoid the tendency for 'naive history' implicit in using only digitized industry archives as the sole source. [ABSTRACT FROM AUTHOR]
- Published
- 2015
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13. Australian Consumption Expenditure and Real Income: 1900 to 2003–2004.
- Author
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HAIG, BRYAN and ANDERSSEN, JENNIFER
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CONSUMPTION (Economics) ,REAL income ,RESEARCH ,ESTIMATES ,PER capita ,ECONOMIC trends - Abstract
This paper provides new data of personal consumption expenditure at current and constant prices from 1900 to 1938–1939. The series is linked in with the official estimates, available from 1948–1949, to provide a broadly consistent series of estimates of consumers’ expenditure from Federation, based on new series of data. We comment on the differences in estimates often used to compare trends in real incomes, and attribute the differences as being mainly due to limitations of official data. We use the present results to describe the changes in the pattern of expenditure by main functional groupings, and compare the changes in real per capita expenditure in Australia with that in the UK and USA since the end of the nineteenth century. [ABSTRACT FROM AUTHOR]
- Published
- 2007
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14. Perspectives of speech and language therapists in paediatric palliative care: an international exploratory study.
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Krikheli, Lillian, Erickson, Shane, Carey, Lindsay B., Carey‐Sargeant, Christa L., and Mathisen, Bernice A.
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CLINICAL competence ,PALLIATIVE treatment ,PEDIATRICS ,INDUSTRIAL psychology ,RESEARCH ,RESEARCH funding ,STATISTICAL sampling ,SPEECH evaluation ,SPEECH therapists ,PHYSICIAN practice patterns ,OCCUPATIONAL roles ,CROSS-sectional method ,ATTITUDES of medical personnel ,DESCRIPTIVE statistics - Abstract
Background: The involvement of speech and language therapists (SLTs) within paediatric palliative care (PPC) settings has been recognized within the extant literature. However, there is little understanding of SLT's specific roles and practices when working with this vulnerable cohort of children and their families. As part of a larger body of work to develop consensus‐based recommendations for SLTs working in PPC, it is important to investigate demographic and caseload characteristics. Aims: This exploratory study aimed to gather previously undocumented international demographic data pertaining to SLT service provision, caseload and training in PPC. Additionally, it sought to ascertain the current treatment and assessment approaches of SLTs, and if variations exist in beliefs and practices. Methods & Procedures: An anonymous cross‐sectional survey was designed and reported according to the Checklist for Reporting Results of Internet E‐Surveys (CHERRIES). The online survey consisted of 40 items spanning four domains: (1) demographic information, (2) caseload information, (3) service provision and (4) training and education. SLTs from Australia, Canada, New Zealand, the UK, Ireland and the United States were recruited using a purposive snowball sampling approach. Descriptive analysis of closed‐ended survey responses and content analysis of open‐ended responses are presented. Outcomes & Results: A total of 52 respondents completed the survey. SLTs worked in a variety of PPC settings, with patients of varying age and disease groups. Over 50% of participants reported working in PPC for ≤ 4 years. Genetic disorders (34%), oncology (27%) and neurological conditions (21%) made up a significant portion of respondents' caseloads. Reported treatments and assessment approaches used by SLTs are not unique to a PPC population. Barriers and enablers for practice were identified. A portion of participants did not feel trained and prepared to assess (19.2%) or treat (15.4%) PPC clients. Conclusions & Implications: This study confirms that SLTs internationally have a role in the management of communication and swallowing impairments in a PPC context. However, whether current training and resources adequately support SLTs in this role remains questionable. This paper helps to provide SLTs, administrators, professional associations and tertiary institutions with foundational data to help inform workforce planning, advocacy efforts and training priorities. What this paper addsWhat is already known on the subjectThe published multidisciplinary literature has identified that SLTs have a role in PPC. However, there has been no targeted research investigating the professional characteristics of clinicians in this context, nor any detailed information regarding associated clinician beliefs or management approaches.What this paper adds to existing knowledgeThis study is a snapshot of attributes, practice patterns and beliefs of SLTs who work with a PPC population. It highlights SLT perspectives of education and training, as well as meta‐perceptions of themselves within the multidisciplinary team.What are the potential or actual clinical implications of this work?Data presented in this paper will help to enable SLTs, organizations and associations to augment service provision and determine future professional development priorities within the field of PPC. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
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15. Relative Poverty in Great Britain and the United States, 1979–2017.
- Author
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Joyce, Robert and Ziliak, James P.
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POVERTY ,HOUSEKEEPING ,HOUSEHOLD surveys - Abstract
This paper examines the major changes to the face of poverty in Great Britain over the past few decades, assessing the role of policy, and compares and contrasts this with the patterns seen in the United States, using harmonised household survey data. There are various commonalities between the countries, including a shift in the composition of those in poverty towards working‐age households without children, who have not been the focus of policy attention. There are also big differences, with a steadily increasing share of poverty in Great Britain – but a stable share in the United States – found in households with an adult in paid work. This perhaps explains why the anti‐poverty focus in Great Britain is now squarely on the plight of working households, while in the United States it is focused on labour force participation among the low skilled – even though, as we show, the United States has, for decades, been accustomed to in‐work poverty comprising a significantly higher proportion of overall poverty than in Great Britain. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
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16. The size premium and macrovolatility risks: Evidence from U.S. and U.K. equity markets.
- Author
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Cho, Sungjun
- Subjects
STOCK exchanges ,RISK premiums ,BUSINESS cycles ,U.S. states - Abstract
The size effect is alive well but visible only when the economy is in high volatility regimes. This paper develops variant conditional asset pricing tests for the size effect with independent business cycle and volatility regimes and shows that the size effect is present conditionally during the high‐volatility regimes. This result is robust across two countries (United States and United Kingdom) with various specifications and the January effect. An economic rationale for the relation between the size premium and macrovolatility risk is provided through the capital‐market‐imperfection hypothesis. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
17. Strategic groups, competitive groups and performance within the U.K. pharmaceutical industry: Improving our understanding of the competitive process.
- Author
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Leask, Graham and Parker, David
- Subjects
PHARMACEUTICAL industry ,ECONOMIC competition -- Social aspects ,MANAGEMENT science ,INDUSTRIES & society ,INTERORGANIZATIONAL relations ,ORGANIZATIONAL behavior ,SOCIAL conditions in Great Britain - Abstract
Strategic group research originated in the 1970s and a number of notable studies centered on the U.S. pharmaceutical industry. Results were, however, conflicting. This paper explores the nature of strategic groups in the U.K. pharmaceutical industry. The study confirms the presence of between six and eight strategic groups across the period studied, 1998–2002. The study also demonstrates a statistically significant relationship between these strategic groups and performance using three performance measures. The paper then compares strategic groups with competitive groups and concludes that the distinction is important and may explain the contradictory findings in earlier strategic group research. Copyright © 2007 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Published
- 2007
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18. Comparing music‐ and food‐evoked autobiographical memories in young and older adults: A diary study.
- Author
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Jakubowski, Kelly, Belfi, Amy M., Kvavilashvili, Lia, Ely, Abbigail, Gill, Mark, and Herbert, Gemma
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MEMORY ,STATISTICAL power analysis ,STATISTICS ,AUTOBIOGRAPHICAL memory ,ANALYSIS of variance ,AGE distribution ,RESEARCH methodology ,MULTIVARIATE analysis ,MANN Whitney U Test ,ACTIVITIES of daily living ,DIARY (Literary form) ,COMPARATIVE studies ,T-test (Statistics) ,FOOD ,RESEARCH funding ,QUESTIONNAIRES ,DESCRIPTIVE statistics ,MUSIC ,DATA analysis ,DATA analysis software ,STATISTICAL models ,PROMPTS (Psychology) ,ADULTS ,OLD age ,ADOLESCENCE - Abstract
Previous research has found that music brings back more vivid and emotional autobiographical memories than various other retrieval cues. However, such studies have often been low in ecological validity and constrained by relatively limited cue selection and predominantly young adult samples. Here, we compared music to food as cues for autobiographical memories in everyday life in young and older adults. In two separate four‐day periods, 39 younger (ages 18–34) and 39 older (ages 60–77) adults recorded their music‐ and food‐evoked autobiographical memories in paper diaries. Across both age groups, music triggered more frequent autobiographical memories, a greater proportion of involuntary memories, and memories rated as more personally important in comparison to food cues. Age differences impacted music‐ and food‐evoked memories similarly, with older adults consistently recalling older and less specific memories, which they rated as more positive, vivid, and rehearsed. However, young and older adults did not differ in the number or involuntary nature of their recorded memories. This work represents an important step in understanding the phenomenology of naturally occurring music‐evoked autobiographical memories across adulthood and provides new insights into how and why music may be a more effective trigger for personally valued memories than certain other everyday cues. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
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19. Are there more women in the dentist workforce? Using an intersectionality lens to explore the feminization of the dentist workforce in the UK and US.
- Author
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Fleming, Eleanor, Neville, Patricia, and Muirhead, Vanessa Elaine
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WOMEN physicians ,DENTISTS ,POPULATION geography ,RACE ,LABOR supply ,SEX distribution ,CONCEPTUAL structures ,PSYCHOSOCIAL factors ,INTERSECTIONALITY ,DENTISTRY ,ACADEMIC dissertations ,ANDROGEN-insensitivity syndrome - Abstract
In this paper, we seek to understand feminization of the dentist workforce moving beyond previous research that has looked at gender in isolation. We contend that little consideration has been given to how gender interacts with other important social identities such as race/ethnicity to influence the opportunities and barriers that female dentists encounter during their dental career. We argue that the scholarly debate about the feminization of the dentistry has not acknowledged the intersectionality of women's lives. Intersectionality describes how multiple social identities (such as race/ethnicity, gender, and class) overlap and interact to inform outcomes, creating disadvantages and/or privileges. Our thesis is that the increasing feminization of the dentist workforce is complicated and paradoxical, creating both opportunities for women and gender imbalances and blockages within the profession. To support our thesis, we critically reviewed the literature on feminization and analysed UK and US workforce data. While the female dentist workforce in both the UK and the US has increased significantly over the past decade, the growth in the number of female dentists was not equal across all racial/ethnic groups. The largest increase in the number of female dentists was among White and Asian women. Viewing the feminization of the dentist workforce through an intersectionality lens exposes the multiple and complex experiences of women, as well as the power dynamics in dentistry. Feminization in dentistry demonstrates the importance of presence, privilege, and power. Based on our assessment of the dentist workforce, dentistry may be less inclusive, despite being perceived as more diverse. Further research should explore how power and privilege may operate in dentistry. Dentistry should embrace intersectionality to provide an inclusive evaluation of equity in the workforce. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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20. How successful are dynamic factor models at forecasting output and inflation? A meta-analytic approach.
- Author
-
Eickmeier, Sandra and Ziegler, Christina
- Subjects
PRICE inflation ,MODELS & modelmaking ,BUSINESS forecasting ,META-analysis ,INSTRUMENTAL variables (Statistics) ,MONEY market ,FINANCIAL services industry - Abstract
This paper uses a meta-analysis to survey existing factor forecast applications for output and inflation and assesses what causes large factor models to perform better or more poorly at forecasting than other models. Our results suggest that factor models tend to outperform small models, whereas factor forecasts are slightly worse than pooled forecasts. Factor models deliver better predictions for US variables than for UK variables, for US output than for euro-area output and for euro-area inflation than for US inflation. The size of the dataset from which factors are extracted positively affects the relative factor forecast performance, whereas pre-selecting the variables included in the dataset did not improve factor forecasts in the past. Finally, the factor estimation technique may matter as well. Copyright © 2008 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
21. The effect of OPEC policy decisions on oil and stock prices.
- Author
-
Guidi, Marco G.D., Russell, Alexander, and Tarbert, Heather
- Subjects
STOCKS (Finance) ,COMMERCIAL policy ,PETROLEUM product sales & prices ,PETROLEUM industry ,STOCK exchanges ,RATE of return ,MARKETS - Abstract
This paper presents evidence of the effects of OPEC policy decisions on the US and UK stock markets, as well as on oil prices, during periods of conflict and non-conflict from 1986 to 2004. The outcomes of this study are potentially valuable in assessing future strategies for OPEC policy decisions on oil production targets for its Members. This paper also adds to the strong body of evidence supporting the hypothesis that market returns are influenced by factors that affect business conditions, such as oil price shocks. The key findings are that there are asymmetric reactions to OPEC policy decisions during conflict periods for the US and UK stock markets. During conflict periods, oil markets require time to incorporate OPEC decisions. Conversely, in non-conflict periods the evidence suggests that the oil markets incorporate OPEC decisions efficiently. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
22. Habermasian communication pathologies in do‐not‐resuscitate discussions at the end of life: manipulation as an unintended consequence of an ideology of patient autonomy.
- Author
-
Dzeng, Elizabeth
- Subjects
COMMUNICATION ,CONSENSUS (Social sciences) ,DO-not-resuscitate orders ,HEALTH facilities ,INTERNAL medicine ,INTERVIEWING ,LONGEVITY ,MANIPULATIVE behavior ,RESEARCH methodology ,PHYSICIAN-patient relations ,DECISION making in clinical medicine ,HEALTH literacy ,PATIENT autonomy - Abstract
The focus on patient autonomy in American and increasingly British medicine highlights the importance of choice. However, to truly honour patient autonomy, there must be both understanding and non‐control. Fifty‐eight semi‐structured in‐depth interviews were conducted with internal medicine physicians at three hospitals in the US and one in the UK. At hospitals where autonomy was prioritised, trainees equated autonomy with giving a menu of choices and felt uncomfortable giving a recommendation based on clinical knowledge as they worried that that would infringe upon patient autonomy. Employing Habermas's Theory of Communicative Action, this paper explores how physician trainees' communication practices of using purposefully graphic descriptions of resuscitation to discourage that choice prevent greater understanding and compromise non‐control. Central to this problem are also issues of colonisation of the life‐world by the system. Physicians are fully inculcated in their respect for autonomy but unintentionally resort to strategic forms of communication that prevent patients from adequately understanding their situation because trainees feel constrained against making recommendations. However, if the ideal of autonomy is to be realised, physicians might have to move towards practices that embrace a more authentic autonomy that fosters open communication that allows for co‐creation of consensus between doctors and patients. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
23. USING LEGISLATION TO REDUCE ONE‐TIME PLASTIC BAG USAGE.
- Author
-
Kish, Richard J.
- Subjects
PLASTIC bag laws ,ENVIRONMENTAL law - Abstract
Abstract: Plastic bag litter generates serious environmental concerns and poses a risk to wildlife. As this does not seem to be a problem which can be resolved by the private sector alone, or by ‘Coasean’ negotiation, legislation is proposed, particularly focusing on ‘one‐use’ bags. This article surveys legislation worldwide, while concentrating on lessons from the United States and the United Kingdom. The issues are more complex than is often assumed. While environmentalists argue for restriction and ultimate elimination of one‐use bags, manufacturers, especially those that have reformulated the composition of their bags, see legislation as an overreaction to a problem that is already being addressed within the industry. They cite evidence that, when used within a comprehensive recycling programme, plastic bags are not only cost‐effective but a sound use of our limited resources. Bans or restrictions can have knock‐on effects which can create new problems. [ABSTRACT FROM AUTHOR]
- Published
- 2018
- Full Text
- View/download PDF
24. Issues of Work and Family in Different National Contexts: How the United States, Britain, and Sweden Respond.
- Author
-
Bailyn, Lotte
- Subjects
FAMILY-work relationship ,EMPLOYEES ,ORGANIZATION - Abstract
The ability of people to deal constructively with the needs of work and of family depends on the kind of work they do; the organization that employs them; and the economic, social, and national context in which they live. This article compares the responses to this issue in the United States, Britain, and Sweden. In the United States, the effort has been to allow women to meet male work demands. In Britain, the emphasis has been on providing flexible arrangements for mothers who work. In neither case has there been any attempt to change the rules for career success or to deal with gender roles in the family. Sweden, however, has made the effort to try to equalize gender roles. This makes many aspects of life easier, hut women still are seldom found in top positions. These differences in national context determine the kinds of responses that organizations can make to the family needs of their employees. Their implication for the United States response is discussed in the paper. [ABSTRACT FROM AUTHOR]
- Published
- 1992
- Full Text
- View/download PDF
25. TWO NOTES ON THE UNIQUENESS OF COMMERCIAL BANKS.
- Author
-
WOOD, JOHN H.
- Subjects
HISTORY of the banking industry ,BANKING research ,BANKING industry ,HISTORY - Abstract
The purpose of Part I of this paper is to place the contribution of Guttentag-Lindsay in historical perspective and in particular to relate the entire controversy concerning the uniqueness of commercial banks to the nineteenth century dispute regarding the uniqueness of the Bank of England. My objective will be accomplished primarily by showing how closely the Guttentag-Lindsay model parallels the framework used by Bagehot. Bagehot's objectives in Lombard Street (1873) were to disabuse the politicians and the financial community of the view that the Bank of England was not unique (i.e., that it was "like any other bank"), to show in what ways the Bank was unique, and to draw the implications of the Bank's uniqueness for Bank policies. [ABSTRACT FROM AUTHOR]
- Published
- 1970
- Full Text
- View/download PDF
26. Editorial: Letter from America.
- Author
-
Costello, Jane
- Subjects
PERIODICALS ,CHILD psychology - Abstract
The author offers insights about the "Journal of Child Psychology and Psychiatry (JCPP)." He believes that the influence of the journal may be increased further if authors consider the international impact of what they write. The "Journal of the American Academy of Child and Adolescent Psychiatry" is the leading child mental health journal in the U.S. and publishes less articles that come from Great Britain. On the other hand, JCPP published half of papers that come from Great Britain, and an equal number from the U.S.
- Published
- 2008
- Full Text
- View/download PDF
27. Physiotherapy Practice: Opportunities for International Collaboration on Workforce Reforms, Policy and Research.
- Author
-
Grimmer, K, Morris, J, Kim, S, Milanese, S, and Fletcher, W
- Subjects
LABOR supply ,RECORDING & registration ,WAGES ,MEDICAL specialties & specialists ,PHYSICAL therapy ,PHYSICAL therapy education ,PROFESSIONAL employee training ,RESPONSIBILITY ,WORK environment ,JOB performance ,OCCUPATIONAL roles ,PROFESSIONAL licenses - Abstract
Background and Purpose Physiotherapy or Physical Therapy (PT) is the most commonly practised allied health discipline globally. International PT workforce reforms are underway to deal with increasing patient numbers, shrinking medical and nursing workforces and lengthy waiting lists. It is timely to consider international differences in PT, with the aims of identifying opportunities for shared learning and forming stronger international alliances to support consistent and evidence-based workforce reforms. Methods This paper synthesizes freely available information on PT training and service delivery across the UK, Australia and United States (California). The paper considers differences in roles, workplaces, training, legislation and registration, continuing professional development, and accountability. Results There are similarities between UK, Australia and United States (California) in many areas of PT roles, training, registration, legislation and professional practice. However, none has a standard national mechanism by which to demonstrate PT accountability, patient safety or quality care. Moreover, there are different approaches to workforce reforms. There is considerable duplication in physiotherapy governance. Conclusion There are opportunities for targeted international collaborations regarding workforce reforms such as extending scope of practice, and determining and implementing internationally agreed ways of demonstrating PT accountability. The findings of this review have significant policy implications, and identify areas for collaborative research. Copyright © 2016 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Published
- 2017
- Full Text
- View/download PDF
28. Vulnerable workers in insecure jobs: A critical meta‐synthesis of qualitative findings.
- Author
-
Bazzoli, Andrea and Probst, Tahira M.
- Subjects
EMPLOYEE psychology ,IMMIGRANTS ,META-synthesis ,EMPLOYEE attitudes ,PSYCHOLOGY of men ,SYSTEMATIC reviews ,JOB stress ,PRACTICAL politics ,SOCIAL change ,JOB security ,APPLIED psychology ,CONCEPTUAL structures ,THEMATIC analysis ,WOMEN employees ,POWER (Social sciences) ,CONTROL (Psychology) - Abstract
Job insecurity is a widespread workplace stressor that has been extensively investigated using quantitative approaches. With the use of a critical organisational psychology framework, we conducted a meta‐synthesis of 20 qualitative studies to investigate the experience of job insecurity among vulnerable employee groups (i.e., women and immigrants). The qualitative meta‐synthesis results suggest that there are meaningful differences. Specifically, whereas women were more concerned with and exposed to deteriorating working conditions, men experienced job insecurity as a threat to their identity. Among immigrants, the experience of job insecurity is viewed as largely intersecting with the legal system, impacting their ability to remain in their country and making them feel powerless. Thematic evidence also emerged regarding individual actions that participants use to attain security in contrast to corporate strategies that enhance job insecurity. We contribute to the critical organisational psychology literature by discussing how these results test common academic theories and neoliberal assumptions pervasive within the job insecurity literature: We highlight how organisations manufacture job insecurity, question the existence of harmonious social exchanges, discuss the use of job insecurity as a form of worker control, consider the role of the legal context in aiding worker exploitation and argue for an intersectional view of job insecurity. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
29. Childbirth Across Cultures: Research and Practice.
- Author
-
Chalmers, Beverley
- Subjects
MATERNAL health services ,CESAREAN section ,CHILDBIRTH ,CULTURE ,INDUCED labor (Obstetrics) - Abstract
Countries and cultures differ in their approach to childbirth, as well as in their research practices. This paper examines 10 surveys of women's reports of their labor and birth in seven countries spanning North America and Western Europe and Eastern Europe. Similarities and differences in practice are highlighted, and the methodological difficulties of conducting research in cross-cultural settings are examined. This paper discusses innovative and culturally unique perinatal practices that are not revealed by such surveys and stresses the importance of sharing such ideas globally. ( BIRTH 39:4 December 2012) [ABSTRACT FROM AUTHOR]
- Published
- 2012
- Full Text
- View/download PDF
30. Public-Private Substitution in Higher Education: Has Cost-Sharing Gone Too Far?
- Author
-
Carpentier, Vincent
- Subjects
PUBLIC-private sector cooperation ,HIGHER education costs ,COST shifting ,PUBLIC spending - Abstract
This paper looks at the current challenge facing higher education by exploring the historical relationship between higher education funding and long economic cycles in the UK, USA and France. It examines the consequence of the transformation of public-private income in higher education that followed the 1970s downturn, questioning whether the rise of private resources acted as additional or substitutive resources for public spending. The paper suggests that there is a risk that the cost-sharing strategy could be turned into a policy of public-private substitution of funding and provision, leading to a transfer rather than an increase of resources with strong implications on quality and equity. However, the Kondratiev cycle suggests an alternative route by designating the impact of the 1970s economic downturn on education as unique. Previous economic crises were contemporary of accelerations of public funding towards education which in fact contributed to economic recovery. The current crisis could represent an opportunity to revive counter-cyclical policy by looking not only at efficient public spending but also at developing fairer taxation. A revival of public funding complemented by an additional rather than substitutive diversification of income would rebalance the public-private structure of funding and drive a sustainable higher education system capable of playing a key part in these counter-cyclical transformations. [ABSTRACT FROM AUTHOR]
- Published
- 2012
- Full Text
- View/download PDF
31. On order and disorder during the COVID‐19 pandemic.
- Author
-
Reicher, Stephen and Stott, Clifford
- Subjects
EPIDEMICS ,LEADERSHIP ,HEALTH policy ,SOCIAL justice ,COVID-19 - Abstract
In this paper, we analyse the conditions under which the COVID‐19 pandemic will lead either to social order (adherence to measures put in place by authorities to control the pandemic) or to social disorder (resistance to such measures and the emergence of open conflict). Using examples from different countries (principally the United Kingdom, the United States, and France), we first isolate three factors which determine whether people accept or reject control measures. These are the historical context of state‐public relations, the nature of leadership during the pandemic and procedural justice in the development and operation of these measures. Second, we analyse the way the crisis is policed and how forms of policing determine whether dissent will escalate into open conflict. We conclude by considering the prospects for order/disorder as the pandemic unfolds. [ABSTRACT FROM AUTHOR]
- Published
- 2020
- Full Text
- View/download PDF
32. The role of the social cost of carbon in policy.
- Author
-
Rose, Steven K.
- Subjects
CARBON dioxide ,CARBON compounds ,GREENHOUSE gases ,CLIMATOLOGY - Abstract
Estimates of the marginal value of carbon dioxide-the social cost of carbon (SCC)-were recently adopted by both the U.S. and U.K. Governments in order to satisfy requirements to value estimated greenhouse gas (GHG) changes of new federal regulations. However, the development and use of SCC estimates comes with significant challenges and controversial decisions. This paper summarizes the key issues and then derives guidance for developing, selecting, and applying the estimates that follows from the fundamental scientific nature and economic principles associated with GHGs and climate change, as well as an understanding of the state of the art for estimating the SCC. The paper evaluates recent estimates in light of the guidance and finds the estimates inconsistent with the guidance in a number of significant areas. The paper also differentiates SCC policy applications in terms of policies with incremental versus nonincremental implications for global GHGs, and identifies serious issues for application of the SCC in setting and evaluating climate policy targets. WIREs Clim Change 2012, 3:163-195. doi: 10.1002/wcc.163 For further resources related to this article, please visit the . [ABSTRACT FROM AUTHOR]
- Published
- 2012
- Full Text
- View/download PDF
33. An Examination of Dynamic Trading Stategies in UK and US Stock Returns.
- Author
-
Fletcher, Jonathan
- Subjects
STOCKS (Finance) ,TRADING companies ,ANALYSIS of variance - Abstract
This paper examines the performance benefits of using conditioning information in mean-variance strategies in UK and US stock returns. The paper finds that after adjusting for trading costs, there are no significant performance benefits in using conditioning information in mean-variance strategies. This result stems from the high turnover that is required to implement dynamic trading strategies. The paper does find that after adjusting for costs, that the unconditional approach of significantly outperforms alternative approaches of using conditioning information in mean-variance strategies in UK stock returns. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
34. UNDERSTANDING THE INTERACTION BETWEEN INTERNATIONAL AND EURO AREA OUTPUT VOLATILITY.
- Author
-
Rafiq, M. S.
- Subjects
BRITISH economic policy ,UNITED States economy, 2009-2017 ,MARKET volatility ,FINANCIAL markets ,BUSINESS cycles ,FISCAL policy ,PRODUCTIVITY accounting ,PUBLIC spending - Abstract
This paper addresses two main questions. First, it seeks to establish whether the stylized facts of the 'great moderation' that have been documented for the UK and US economies can be found for the Euro area. Second, it explores possible explanations for any changes that have occurred in the volatility of Euro area output fluctuations. In examining why business cycles have moderated, much of the existing literature has tended to concentrate on a few key factors. These include shifts in the structure of the economy, improved monetary policy and a 'good luck' factor. This paper, however, follows a relatively new branch of the great moderation literature by focusing on whether international business cycle linkages have changed in a way that may have perpetuated the dampening in Euro area output fluctuations. The results show Euro area output fluctuations to have significantly reduced in variability over the last quarter of a century. The results go on to highlight that, although Euro area cycles differ little from rest of the world cycles, the moderation in Euro area output fluctuations is only marginally due to changes in international business cycle linkages and smaller international and domestic shock variances. [ABSTRACT FROM AUTHOR]
- Published
- 2011
- Full Text
- View/download PDF
35. The use of encompassing tests for forecast combinations.
- Author
-
Kışınbay, Turgut
- Subjects
CONSUMPTION (Economics) ,ECONOMIC forecasting ,ALGORITHMS ,MATHEMATICAL combinations ,EMPIRICAL research ,MATHEMATICAL models of macroeconomics - Abstract
This paper proposes an algorithm that uses forecast encompassing tests for combining forecasts when there are a large number of forecasts that might enter the combination. The algorithm excludes a forecast from the combination if it is encompassed by another forecast. To assess the usefulness of this approach, an extensive empirical analysis is undertaken using a US macroeconomic dataset. The results are encouraging; the algorithm forecasts outperform benchmark model forecasts, in a mean square error (MSE) sense, in a majority of cases. The paper also compares the empirical performance of different approaches to forecast combination, and provides a rule-of-thumb cut-off point for the thick-modeling approach. Copyright © 2009 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Published
- 2010
- Full Text
- View/download PDF
36. Dispelling the myths about major donor fundraising.
- Author
-
Cluff, Angela
- Subjects
FUNDRAISING ,CHARITABLE uses, trusts, & foundations ,CHARITIES - Abstract
This paper explores some common weaknesses that occur when charities undertake major donor initiatives. It also explodes some common 'myths' that can stifle an organisation's major donor work. The basis for identifying these weaknesses and myths comprises of two sources: some original management centre (=mc) research among a number of leading major donor fundraising organisations, and our practical consulting experience over the last 3 years with not-for-profit fundraisers running major campaigns in UK, USA and Australia. In the paper, we also explore how by confronting these weaknesses and dispelling the myths within your organisation, you too can develop a successful major donor income stream. These lessons are now being applied in our consulting work in the UK, USA and South America, with some significant success. We believe they hold important general lessons for anyone running major donor-led capital campaigns. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
37. Apples and oranges? Corporate rescue and functional convergence in the US and UK.
- Author
-
McCormack, Gerard
- Subjects
BANKRUPTCY ,FINANCE laws ,PUBLIC finance - Abstract
This paper challenges the standard characterisation that US law in the sphere of corporate bankruptcy is ‘pro debtor’ and UK law is ‘pro creditor’. It suggests that the traditional thesis is, at best, a potentially misleading over-simplification. It also offers the conclusion that there is functional convergence in practice, while acknowledging that corporate rescue, as distinct from business rescue, still plays a larger role in the US. The functional convergence has partly come through the UK Enterprise Act 2002 but the paper suggests that the main move has been that of US law and practice in a UK direction with more emphasis on business disposals and speedier cases than on corporate reorganisations, as traditionally understood. This mirrors practice in the UK where the emphasis has always been on business disposals. Unfortunately, the current economic recession on both sides of the Atlantic has shone a heightened spotlight on business bankruptcy and is likely to generate further changes in practice and ultimately legislation. Copyright © 2009 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Published
- 2009
- Full Text
- View/download PDF
38. Quantifying UK Capital Adjustment Costs.
- Author
-
Groth, Charlotta
- Subjects
SERVICE industries management ,INDUSTRIAL productivity ,INVESTMENTS ,ACCOUNTING ,CAPITAL investments - Abstract
This paper estimates UK capital adjustment costs, using manufacturing and service industry data for 1970–2000. There is evidence of significant adjustment costs, with a 1% increase in investment reducing value added by 0.05%. This implies an elasticity of investment with respect to Tobin's q of 2.5, and a convergence time for capital of 12 years. The results suggest that adjustment costs may have caused half of the slowdown in UK total factor productivity (TFP) growth during the second half of the 1990s. The impact is larger than that reported for the United States, reflecting larger adjustment costs and higher investment growth. [ABSTRACT FROM AUTHOR]
- Published
- 2008
- Full Text
- View/download PDF
39. Round and round we go: sedation – what is it, who does it, and have we made things safer for children?
- Author
-
COTÉ, CHARLES J.
- Subjects
PEDIATRIC anesthesia ,ANESTHESIOLOGY ,ANALGESIA ,PAIN tolerance - Abstract
The article examines and comments papers published within the issue, which describe different perspectives regarding sedation and analgesia for children in Great Britain and U.S. He provides historical perspectives from the U.S. and then examines the papers to see how authors compare with current U.S. practice.
- Published
- 2008
- Full Text
- View/download PDF
40. Why and How UK Firms Hedge.
- Author
-
Judge, Amrit
- Subjects
HEDGING (Finance) ,FINANCIAL statements ,BUSINESS enterprise ratings ,ECONOMIC surveys ,FINANCIAL crises ,OPERATING costs ,BANKRUPTCY ,RISK assessment ,INTERNATIONAL trade - Abstract
This paper attempts to differentiate among the theories of hedging by using disclosures in the annual reports of 400 UK companies and data collected via a survey. I find, unlike many previous US studies, strong evidence linking the decision to hedge and the expected costs of financial distress. The tests show that this is mainly because my definition of hedging includes all hedgers and not just derivative users. However, when the tests employ the same hedging definition as previous US studies, financial distress cost factors still appear to be more important for this sample than samples of US firms. Therefore, a secondary explanation for the strong financial distress results might be due to differences in the bankruptcy codes in the two countries, which result in higher expected costs of financial distress for UK firms. The paper also examines the determinants of the choice of hedging method distinguishing between non-derivative and derivatives hedging. My evidence shows that larger firms, firms with more cash, firms with a greater probability of financial distress, firms with exports or imports and firms with more short-term debt are more likely to hedge with derivatives. Thus, differences in opportunities, in incentives for reducing risk and in the types of financial price exposure play an important role in how firms hedge their risks. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
41. An analysis of the distribution of extremes in indices of share returns in the US, UK and Japan from 1963 to 2000.
- Author
-
Gettinby, G. D., Sinclair, C. D., Power, D. M., and Brown, R. A.
- Subjects
STOCK price indexes ,DISTRIBUTION (Economic theory) ,STATISTICS ,FINANCE - Abstract
This paper seeks to characterize the distribution of extreme returns for US, UK and Japanese equity indices over the years 1963–2000. In particular, the suitability of the following distributions is investigated: Normal, Frechet, Gumbel, Weibull, Generalized Extreme Value (GEV), Generalized Pareto and Generalized Logistic (GL). Daily returns were obtained for each of the countries, and the minima over a variety of selection intervals were calculated. Plots of higher moment statistics for the minima on statistical distribution maps suggested that the best fitting distribution would be either the GEV or the GL. The results from fitting each of these distributions to extremes of a series of US, UK and Japanese share returns supported the preliminary evidence that the GL distribution best fitted the data in all three countries over the period of study. The GL distribution has fatter tails than the GEV distribution; hence this finding is of importance to investors who are concerned with assessing the risk of a portfolio. The paper highlights the important finance implications and in particular the potential for underestimation of risk if distributions without fat enough tails are employed. Copyright © 2006 John Wiley & Sons, Ltd. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
42. Geopolitics and ‘the vision thing’: regarding Britain and America's first nuclear missile.
- Author
-
MacDonald, Fraser
- Subjects
GEOPOLITICS ,NUCLEAR weapons ,COLD War, 1945-1991 - Abstract
Critical geopolitics, despite its radical ambitions, has been reluctant to shift its emphasis from the figure of the geopolitical tactician, ‘decisive’ events and the agency of the military-state. This paper, in common with recent work on ‘popular geopolitics’, offers a different agenda. It takes up the story of Britain and America's first nuclear missile – the US-made ‘Corporal’– through the testimony of a self-described ‘space-daft’ schoolboy who, in 1959, travelled alone across Scotland to witness the first British testing of the missile. However, unlike much of the literature on popular geopolitics, this paper is concerned with the more-than-representational question of observant practice. Addressing recent calls for a more empirical enquiry into the relationship between geography and visual culture, the paper examines how geopolitical power operates through sights and spectacles. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
43. System failure: It's not just the media -- the whole political system has failed.
- Author
-
Miller, David
- Subjects
POLITICAL communication ,PRACTICAL politics ,POLITICAL campaigns ,PRESS & politics ,POLITICAL participation - Abstract
This paper provides a critique of attempts in the field of political communication to explain apparent voter apathy and declining electoral turnout. The response of many commentators is either to blame the media for the problem or to see the media as the solution to any problem that might exist. First, the paper examines the 'blame the media' school of thought -- as exemplified by liberal commentators in the UK and the USA. Secondly, the paper focuses on the 'optimists' who argue that the spin/ media nexus is either morally neutral or may actually be improving citizen involvement. The paper argues that both approaches are flawed at the level of conceptualisation and of methodology. The narrow conceptualisation of the field means that even in the unusual cases where scholars look beyond the question of elections, the research agenda is still fixed at the level of media power and not on how the media fit into a wider system of power relations. Most obviously, the field tends to avoid the question of political and economic outcomes. The paper ends by suggesting that the problem of disengagement from formal politics is a response to the crisis of legitimacy in the institutions of democracy in the USA and UK. [ABSTRACT FROM AUTHOR]
- Published
- 2004
- Full Text
- View/download PDF
44. Money Growth and Inflation: New Evidence from a Nonlinear and Asymmetric Analysis.
- Author
-
Cooray, Arusha and Khraief, Naceur
- Subjects
NONLINEAR analysis ,MONEY supply ,MONEY ,FINANCIAL crises ,EVIDENCE - Abstract
The relationship between money growth and inflation is a topic of debate among macroeconomists. This paper contributes to the empirical literature on the money‐inflation pass‐through using a Nonlinear Auto‐Regressive Distributed Lag model (NARDL) for three countries (the U.S., U.K. and Japan) over an estimation period spanning 1950Q1 to 2014Q4. This methodology allows for empirical tests of short‐ and long‐run asymmetric responses of inflation to both positive and negative shocks affecting money growth of three monetary aggregates (M1, M2, M0). The results reveal that inflation responds asymmetrically to monetary shocks in the long‐run for all three countries. Robustness tests are also undertaken by carrying out the Hatemi‐J (Empirical Economics, Vol. 43 (2012), pp. 447–456) causality test and splitting the sample period into two, before and after the financial crisis. The findings indicate the existence of a relation between money growth and inflation in the post‐crisis period only in the case of the U.K. When we use different break points, we find that the symmetric relationship more likely occurs in the post‐crisis period. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
45. The role of time‐varying rare disaster risks in predicting bond returns and volatility.
- Author
-
Gupta, Rangan, Suleman, Tahir, and Wohar, Mark E.
- Subjects
GOVERNMENT securities ,BOND market ,DISASTERS ,EMERGING markets - Abstract
This paper aims to provide empirical evidence to the theoretical claim that rare disaster risks affect government bond market movements. Using a nonparametric quantiles‐based methodology, we show that rare disaster‐risks affect only volatility, but not returns, of 10‐year government bond of the United States over the monthly period of 1918:01 to 2013:12. In addition, the predictability of volatility holds for the majority of the conditional distribution of the volatility, with the exception of the extreme ends. Moreover, in general, similar results are also obtained for long‐term government bonds of an alternative developed country (UK) and an emerging market (South Africa). [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
46. Insider Trading, News Releases, and Ownership Concentration.
- Author
-
FIDRMUC, JANA P., GOERGEN, MARC, and RENNEBOOG, LUC
- Subjects
INSIDER trading in securities ,FINANCE ,PERSONAL finance ,CHIEF executive officers ,STOCKHOLDERS ,RATE of return ,EDUCATION - Abstract
This paper investigates the market's reaction to U. K. Insider transactions and analyzes whether the reaction depends on the firm's ownership. We present three major findings. First, differences in regulation between the U. K. And United States, in particular the speedier reporting of trades in the U. K. , may explain the observed larger abnormal returns in the U. K. Second, ownership by directors and outside shareholders has an impact on the abnormal returns. Third, it is important to adjust for news released before directors' trades. In particular, trades preceded by news on mergers and acquisitions and CEO replacements contain significantly less information. [ABSTRACT FROM AUTHOR]
- Published
- 2006
- Full Text
- View/download PDF
47. OWNERSHIP STRUCTURE AND FIRM VALUE: NEW EVIDENCE FROM SPAIN.
- Author
-
de Miguel, Alberto, Pindado, Juuo, and de La Torre, Chabela
- Subjects
CORPORATE governance ,STOCK ownership ,VALUATION of corporations ,ORGANIZATIONAL structure ,INDUSTRIAL management ,SPANISH corporations ,AMERICAN corporations ,BRITISH corporations - Abstract
This paper provides new evidence on the way in which ownership influences firm value. Unlike previous studies, the empirical evidence obtained from our ownership concentration model supports not only the monitoring but also the expropriation effects. Additionally, the insider ownership model provides results that confirm the convergence-of-interest and the entrenchment effects, even though Spanish insiders get entrenched at higher ownership levels than their U.S.and U.K. counterparts. [ABSTRACT FROM AUTHOR]
- Published
- 2004
- Full Text
- View/download PDF
48. The Archbishop of York and Anglo-American RelationsDuring the Second World War and Early Cold War, 1942-1955.
- Author
-
Kirby, Dianne
- Subjects
BISHOPS ,BRITISH foreign relations ,FOREIGN relations of the United States ,HISTORY of church & state - Abstract
This article addresses the relationship which developed during the Second World War and first decade of Cold War between the Foreign Office and one of Britain's leading Anglican clerics, Cyril Forster Garbett, archbishop of York 1942-55, widely respected as a liberal and the "conscience of the nation." It offers a model case study of relations between church and state by drawing upon state papers as well as upon ecclesiastical ones. It illustrates how religion was a crucial propaganda tool, advocating the defence of Western civilization and Christianity against first the paganism of Nazi Germany and then the atheism of Soviet Russia. Garbett's evolution from a domestic cleric concerned with social deprivation to an ecclesiastic statesman and Cold Warrior, reveals the significance of the religious component in Anglo-American relations. The presentation of the alliance as a crusade bonded together the two nations despite the differing political outlooks of their respective peoples. [ABSTRACT FROM AUTHOR]
- Published
- 1999
- Full Text
- View/download PDF
49. International Business Cycles and the ERM: Is There a European Business Cycle?
- Author
-
Artis, M. J. and Zhang, W.
- Subjects
FOREIGN exchange rates ,BUSINESS cycles ,BUSINESS - Abstract
Successful fixed exchange rate regimes impose policy disciplines that are likely to lead to conformity in the business cycles of the participating countries. This conjecture is borne out in the present paper by the evidence that the business cycle affiliation of ERM member countries has shifted from the United States to Germany since the formation of the ERM. This effect is bolstered by growing links in trade and finance between the European countries. The United Kingdom is conspicuous among these in that its business cycle affiliation did not change in the period of study. [ABSTRACT FROM AUTHOR]
- Published
- 1997
- Full Text
- View/download PDF
50. THE SOCIAL ROLE OF BUSINESS ENTERPRISE IN BRITAIN: AN AMERICAN PERSPECTIVE. PART II.
- Author
-
Epstein, Edwin M.
- Subjects
SOCIAL role ,BUSINESS enterprises ,POLITICAL planning ,PUBLIC administration ,SOCIAL structure ,SOCIAL responsibility of business ,GOVERNMENT ownership ,PROFESSIONALISM ,EMPLOYEE participation in management ,ECONOMICS - Abstract
The article is the second part of a paper concerning the social role of business enterprise in Great Britain from an American perspective. It states that Great Britain has a greater reliance than the U.S. on publicly-owned businesses which have been the focus of public policy debate concerning the business's social role. It mentions that Great Britain has a tradition of government involvement in its society and economy, and its social structure has created an informal elite consensus concerning limitations on the social role for businesses. It examines the emergence of the issue of social responsibility in businesses in Great Britain, as well as the role nationalization plays concerning social responsibility issues.
- Published
- 1977
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