{"title":"Finance in Rural China, by Xingyuan Feng, Guangwen He, Tongquan Sun and Christer Ljungwall (Routledge, Abingdon/New York, 2023), pp xxi + 139","authors":"Xuerong Wang, Yu Sheng","doi":"10.1111/1475-4932.12777","DOIUrl":"10.1111/1475-4932.12777","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 328","pages":"121-123"},"PeriodicalIF":1.2,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139226876","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Giants: The Global Power Elite, by Peter Phillips (New York: Seven Stories Press, 2018), 384 Pages (Incl. Acknowledgements, Notes and Index)","authors":"Alexander Vadilyev","doi":"10.1111/1475-4932.12778","DOIUrl":"10.1111/1475-4932.12778","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 328","pages":"127-129"},"PeriodicalIF":1.2,"publicationDate":"2023-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139230306","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Free and Equal: What Would a Fair Society Look Like? by Daniel Chandler (Allen Lane, London, 2023), pp. v + 403","authors":"Mark Fabian","doi":"10.1111/1475-4932.12781","DOIUrl":"https://doi.org/10.1111/1475-4932.12781","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"99 327","pages":"573-576"},"PeriodicalIF":1.2,"publicationDate":"2023-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138502377","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"COVID-19 in Indonesia: Impacts on the Economy and Ways to Recovery, edited by Lili Yan Ing and M. Chatib Basri (Routledge, London and New York, 2022), pp. xvi + 254","authors":"Firman Witoelar","doi":"10.1111/1475-4932.12776","DOIUrl":"10.1111/1475-4932.12776","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 328","pages":"129-131"},"PeriodicalIF":1.2,"publicationDate":"2023-11-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139259635","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Robots and AI: A New Economic Era, edited by Lili Yan Ing and Gene M. Grossman (Routledge, New York, NY 10158, 2023), 352 pages + xvii front matter","authors":"Aneeq Sarwar","doi":"10.1111/1475-4932.12775","DOIUrl":"10.1111/1475-4932.12775","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 328","pages":"119-121"},"PeriodicalIF":1.2,"publicationDate":"2023-11-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135186364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Job Ladder: Transforming Informal Work and Livelihoods in Developing Countries, Edited by Gary S. Fields, Tim H. Gindling, Kunal Sen, Michael Danquah and Simone Schotte (Oxford University Press, Oxford, 2023), i-464 pp.","authors":"Nurina Merdikawati","doi":"10.1111/1475-4932.12774","DOIUrl":"10.1111/1475-4932.12774","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"99 327","pages":"576-577"},"PeriodicalIF":1.2,"publicationDate":"2023-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135820038","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Nadezhda V. Baryshnikova, Florian Ploeckl, Nasantogtokh Yunren
This study examines the heterogeneous effect of subjective well-being on the cognitive development of school-age children in developing countries based on the Young Lives Longitudinal Survey. A fixed-effects specification, an instrumental variable approach with parental subjective well-being as the instrument, and quantile IV estimations show that low subjective well-being leads to a 2–3 month developmental delay. The effect is heterogeneous across the cognitive development distribution, appearing stronger for the lower part of the distribution and weakening at the top end. Additionally, the precise shape of this gradient differs between genders, locations, and school types.
{"title":"Does Unsatisfactory Subjective Well-Being of School Children Decrease their Cognitive Skill Development?*","authors":"Nadezhda V. Baryshnikova, Florian Ploeckl, Nasantogtokh Yunren","doi":"10.1111/1475-4932.12773","DOIUrl":"10.1111/1475-4932.12773","url":null,"abstract":"<p>This study examines the heterogeneous effect of subjective well-being on the cognitive development of school-age children in developing countries based on the Young Lives Longitudinal Survey. A fixed-effects specification, an instrumental variable approach with parental subjective well-being as the instrument, and quantile IV estimations show that low subjective well-being leads to a 2–3 month developmental delay. The effect is heterogeneous across the cognitive development distribution, appearing stronger for the lower part of the distribution and weakening at the top end. Additionally, the precise shape of this gradient differs between genders, locations, and school types.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"99 S1","pages":"50-66"},"PeriodicalIF":1.1,"publicationDate":"2023-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12773","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135372902","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A Handbook for Wellbeing Policy-Making, by Paul Frijters and Christian Krekel (Oxford University Press, Oxford, 2021), pp. xix + 433","authors":"Uwe Dulleck","doi":"10.1111/1475-4932.12767","DOIUrl":"10.1111/1475-4932.12767","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"99 327","pages":"572-573"},"PeriodicalIF":1.2,"publicationDate":"2023-10-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136262716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Power of Hope: How the Science of Well-Being Can Save Us From Despair, by Carol Graham (Princeton University Press, Princeton, 2023), 200 pp.","authors":"Leisa Aitken","doi":"10.1111/1475-4932.12771","DOIUrl":"10.1111/1475-4932.12771","url":null,"abstract":"","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"99 327","pages":"564-566"},"PeriodicalIF":1.2,"publicationDate":"2023-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135918329","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We examine the global distribution of company profitability over the 30 years from 1989 to 2018 focusing on the international dimension. We find the international component of profitability differences first declines and then rises. Regression analysis of time-series data shows that transitory shocks to international profitability differences mostly dissipate over a few years, although there is evidence of persistent profitability differences for many countries. Dividing the sample to accommodate a structural break, the rate of dissipation declines between 1989–2002 and 2003–2018 subperiods. The extent of persistent differences also declines, suggesting convergence of international differences in profitability may have reached its limit.
{"title":"International Differences in Profitability*","authors":"Harry Bloch, Yixiao Zhou","doi":"10.1111/1475-4932.12769","DOIUrl":"10.1111/1475-4932.12769","url":null,"abstract":"<p>We examine the global distribution of company profitability over the 30 years from 1989 to 2018 focusing on the international dimension. We find the international component of profitability differences first declines and then rises. Regression analysis of time-series data shows that transitory shocks to international profitability differences mostly dissipate over a few years, although there is evidence of persistent profitability differences for many countries. Dividing the sample to accommodate a structural break, the rate of dissipation declines between 1989–2002 and 2003–2018 subperiods. The extent of persistent differences also declines, suggesting convergence of international differences in profitability may have reached its limit.</p>","PeriodicalId":47484,"journal":{"name":"Economic Record","volume":"100 328","pages":"101-116"},"PeriodicalIF":1.2,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-4932.12769","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136292351","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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