Monday, July 10, 2017

The impact of bereaved parents’ perceived grief similarity on relationship satisfaction

The impact of bereaved parents’ perceived grief similarity on relationship satisfaction. By Buyukcan-Tetik, Asuman; Finkenauer, Catrin; Schut, Henk; Stroebe, Margaret; Stroebe, Wolfgang
Journal of Family Psychology, Vol 31(4), Jun 2017, 409-419. http://dx.doi.org/10.1037/fam0000252

Abstract: The present research focused on bereaved parents’ perceived grief similarity, and aimed to investigate the concurrent and longitudinal effects of the perceptions that the partner has less, equal, or more grief intensity than oneself on relationship satisfaction. Participants of our longitudinal study were 229 heterosexual bereaved Dutch couples who completed questionnaires 6, 13, and 20 months after the loss of their child. Average age of participants was 40.7 (SD = 9.5). Across 3 study waves, participants’ perceived grief similarity and relationship satisfaction were assessed. To control for their effects, own grief level, child’s gender, expectedness of loss, parent’s age, parent’s gender, and time were also included in the analyses. Consistent with the hypotheses, cross-sectional results revealed that bereaved parents who perceived dissimilar levels of grief (less or more grief) had lower relationship satisfaction than bereaved parents who perceived similar levels of grief. This effect remained significant controlling for the effects of possible confounding variables and actual similarity in grief between partners. We also found that perceived grief similarity at the first study wave was related to the highest level of relationship satisfaction at the second study wave. Moreover, results showed that perceived grief similarity was associated with a higher level in partner’s relationship satisfaction. Results are discussed considering the comparison and similarity in grief across bereaved partners after child loss.

Overstated evidence for short-term effects of violent games on affect and behavior: A reanalysis of Anderson et al. (2010)

Overstated evidence for short-term effects of violent games on affect and behavior: A reanalysis of Anderson et al. (2010). By Hilgard, Joseph; Engelhardt, Christopher R.; Rouder, Jeffrey N.
Psychological Bulletin, Vol 143(7), Jul 2017, 757-774. http://dx.doi.org/10.1037/bul0000074

Abstract: Violent video games are theorized to be a significant cause of aggressive thoughts, feelings, and behaviors. Important evidence for this claim comes from a large meta-analysis by Anderson and colleagues (2010), who found effects of violent games in experimental, cross-sectional, and longitudinal research. In that meta-analysis, the authors argued that there is little publication or analytic bias in the literature, an argument supported by their use of the trim-and-fill procedure. In the present manuscript, we reexamine their meta-analysis using a wider array of techniques for detecting bias and adjusting effect sizes. Our conclusions differ from those of Anderson and colleagues in 3 salient ways. First, we detect substantial publication bias in experimental research on the effects of violent games on aggressive affect and aggressive behavior. Second, after adjustment for bias, the effects of violent games on aggressive behavior in experimental research are estimated as being very small, and estimates of effects on aggressive affect are much reduced. In contrast, the cross-sectional literature finds correlations that appear largely unbiased. Third, experiments meeting the original authors’ criteria for methodological quality do not yield larger adjusted effects than other experiments, but instead yield larger indications of bias, indicating that perhaps they were selected for significance. We outline future directions for stronger experimental research. The results indicate the need for an open, transparent, and preregistered research process to test the existence of the basic phenomenon.

Risk factors for PTSD and depression in female survivors of rape

Risk factors for PTSD and depression in female survivors of rape. By Mgoqi-Mbalo, Nolwandle; Zhang, Muyu; Ntuli, Sam.
Psychological Trauma: Theory, Research, Practice, and Policy, Vol 9(3), May 2017, 301-308. http://dx.doi.org/10.1037/tra0000228
Abstract
Objective: To investigate association of the sociodemographic factors, characteristics of rape and social support to the development of depression and posttraumatic stress disorder at 6 months after the rape. Method: A cross-sectional survey with female survivors of rape was carried out in 3 provinces of South Africa 6 months after the rape.

Results: One hundred female survivors of sexual assault were interviewed. More than half (53%) were from Limpopo, 25% from Western Cape, and 22% from KwaZulu-Natal (KZN). 87% reported high levels of PTSD and 51% moderate to severe depression post rape. The major risk factors for PTSD and depression were the unmarried survivors of rape and those living in KZN. The female survivors of rape in KZN province were 7 times more likely to experience symptoms of depression compared to other provinces, while married/cohabiting female rape survivors were 6 times less likely to report symptoms of depression compared to the unmarried female rape survivors.

Conclusion: These findings add support to existing literature on PTSD and depression as common mental health consequence of rape and also provide evidence that survivors’ socio- demographics—marital status, employment status—are significant contributors to the development of symptoms of depression and PTSD after rape. The results have research and clinical practice relevance for ensuring that PTSD and trauma treatment focuses on an in-depth understanding of the various aspects of the sociodemographic factors and rape characteristics that contribute to survivors’ mental state and how these compound stress and depression symptoms over time post rape victimization.

Newcomer adjustment: Examining the role of managers’ perception of newcomer proactive behavior during organizational socialization

Newcomer adjustment: Examining the role of managers’ perception of newcomer proactive behavior during organizational socialization. By Ellis, Allison M.; Nifadkar, Sushil S.; Bauer, Talya N.; Erdogan, Berrin
Journal of Applied Psychology, Vol 102(6), Jun 2017, 993-1001. http://dx.doi.org/10.1037/apl0000201

Abstract: Separate streams of organizational socialization research have recognized the importance of (a) newcomer proactivity and (b) manager support in facilitating newcomer adjustment. However, extant research has largely focused on the newcomers’ experience, leaving the perspectives of managers during socialization relatively unexplored—a theoretical gap that has implications both for newcomer adjustment and manager-newcomer interactions that may serve as a basis for future relationship development. Drawing from the “interlocked” employee behavior argument of Weick (1979), we propose that managers’ perception of newcomers’ proactive behaviors are associated with concordant manager behaviors, which, in turn, support newcomer adjustment. Further, we investigate a cognitive mechanism—managers’ evaluation of newcomers’ commitment to adjust—which we expect underlies the proposed relationship between newcomers’ proactive behaviors and managers’ supportive behaviors. Using a time-lagged, 4-phase data collection of a sample of new software engineers in India and their managers, we were able to test our hypothesized model as well as rule out alternative explanations via multilevel structural equation modeling. Results broadly supported our model even after controlling for manager-newcomer social exchange relationship, proactive personalities of both newcomers and managers, and potential effects of coworker information providing. The implications of our findings for theory and practice are discussed.

Racial Diversity and the Dynamics of Authoritarianism

Racial Diversity and the Dynamics of Authoritarianism. By Yamil Ricardo Velez & Howard Lavine
Journal of Politics, April 2017, Pages 519-533, http://www.journals.uchicago.edu/doi/abs/10.1086/688078

Abstract: Past work on the political impact of racial diversity has focused on direct effects, demonstrating that diverse environments are associated with more negative - or in some circumstances, more positive - racial attitudes and race-targeted policy preferences. We show that diversity functions in a second way, as a variable that magnifies the political impact of individual differences in the psychological disposition of authoritarianism. Using a national sample, we find that in white areas with minimal diversity, authoritarianism had no impact on racial prejudice, political intolerance, and attitudes toward immigration. As diversity rises, however, authoritarianism plays an increasingly dominant role in political judgment. In diverse environments, authoritarians become more racially, ethnically, and politically intolerant and nonauthoritarians less so. We conceptually replicate these findings in a dorm setting with plausibly exogenous levels of local diversity and discuss the implications of our findings in terms of the various ways in which ethno-racial diversity structures political attitudes.

Keywords: diversity, context, public opinion, polarization, personality, authoritarianism.


Stealth Democracy Revisited: Reconsidering Preferences for Less Visible Government.

Stealth Democracy Revisited: Reconsidering Preferences for Less Visible Government. By Kathryn VanderMolen
Political Research Quarterly, http://journals.sagepub.com/doi/abs/10.1177/1065912917712478

Abstract: Understanding public preferences for governing processes is an understudied area of research. In this paper, I evaluate a set of critical assumptions relating to process preferences that the literature has thus far not addressed. I specifically address the claims made by John Hibbing and Elizabeth Theiss-Morse in their seminal book, Stealth Democracy, which suggests that people prefer political decisions to be made via expert-based governing arrangements to promote a level of efficiency and effectiveness within the government that elected officials cannot provide. Using original questions from the 2014 Cooperative Congressional Election Study, I find concurring evidence that citizens are not strongly attached to standard participatory processes found in democracy. However, upon using more precise measurements and placing expert processes into contemporary context, preferences weaken and appear to be shallow in nature. In an era where process preferences are receiving more attention as trust in government wanes, it is important to understand the depth of these preferences and their potential to change politics. These results suggest it is imperative for future scholars to approach the study of process preferences with care.

Trust is heritable, whereas distrust is not

Trust is heritable, whereas distrust is not. By Martin Reimann, Oliver Schilke & Karen Cook
Proceedings of the National Academy of Sciences, http://www.pnas.org/content/114/27/7007.abstract

Significance: Social scientists have devoted much attention to studying the sources and consequences of the disposition to trust but have only recently begun to investigate the disposition to distrust. An increasing consensus is emerging that distrust is not merely the opposite of trust. This article provides initial empirical evidence indicating that the sources of the dispositions to trust and distrust indeed do differ in important ways. Notably, although both trust and distrust are strongly influenced by the individual’s unique environment, interestingly, trust shows significant genetic influences, whereas distrust does not. Rather, distrust appears to be primarily socialized, including influences within the family. These findings provide new support for the bidimensionality of trust and distrust by demonstrating their distinct antecedents.

Abstract: Why do people distrust others in social exchange? To what degree, if at all, is distrust subject to genetic influences, and thus possibly heritable, and to what degree is it nurtured by families and immediate peers who encourage young people to be vigilant and suspicious of others? Answering these questions could provide fundamental clues about the sources of individual differences in the disposition to distrust, including how they may differ from the sources of individual differences in the disposition to trust. In this article, we report the results of a study of monozygotic and dizygotic female twins who were asked to decide either how much of a counterpart player's monetary endowment they wanted to take from their counterpart (i.e., distrust) or how much of their own monetary endowment they wanted to send to their counterpart (i.e., trust). Our results demonstrate that although the disposition to trust is explained to some extent by heritability but not by shared socialization, the disposition to distrust is explained by shared socialization but not by heritability. The sources of distrust are therefore distinct from the sources of trust in many ways.

Body-Weight and Women's Hours of Work: More Evidence that Marriage Markets Matter

Body-Weight and Women's Hours of Work: More Evidence that Marriage Markets Matter. By Shoshana Amyra Grossbard & Sankar Mukhopadhyay
San Diego State University Working Paper, May 2017, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2979921

Abstract: Higher body-weight (BMI) can affect labor supply via its effects on outcomes in both labor markets and marriage markets. To the extent that it is associated with lower prospects of being in couple and obtaining intra-couple transfers, we expect that higher BMI will increase willingness to supply labor in labor markets, especially for women. We use US panel data from the NLSY79 and NLSY97 to examine whether body weight influences hours of work in the labor market. We use sibling BMI as an instrument for own BMI to address potential endogeneity of BMI in hours worked. We find that White women with higher BMI work more. This is true for both single and married White women. Results for other groups of women and men produce mixed results. The extended analysis suggests that what drives the relationship between BMI and hours worked is not lower market wages earned by high-BMI women, but rather lower spousal transfers to married women or lower expected intra-marriage transfers to single women.

Stimulus selectivity of drug purchase tasks: A preliminary study evaluating alcohol and cigarette demand

Stimulus selectivity of drug purchase tasks: A preliminary study evaluating alcohol and cigarette demand. By Strickland, Justin C.; Stoops, William W. Experimental and Clinical Psychopharmacology, Vol 25(3), Jun 2017, 198-207. http://dx.doi.org/10.1037/pha0000123

Abstract: The use of drug purchase tasks to measure drug demand in human behavioral pharmacology and addiction research has proliferated in recent years. Few studies have systematically evaluated the stimulus selectivity of drug purchase tasks to demonstrate that demand metrics are specific to valuation of or demand for the commodity under study. Stimulus selectivity is broadly defined for this purpose as a condition under which a specific stimulus input or target (e.g., alcohol, cigarettes) is the primary determinant of behavior (e.g., demand). The overall goal of the present study was to evaluate the stimulus selectivity of drug purchase tasks. Participants were sampled from the Amazon.com’s crowdsourcing platform Mechanical Turk. Participants completed either alcohol and soda purchase tasks (Experiment 1; N = 139) or cigarette and chocolate purchase tasks (Experiment 2; N = 46), and demand metrics were compared to self-reported use behaviors. Demand metrics for alcohol and soda were closely associated with commodity-similar (e.g., alcohol demand and weekly alcohol use) but not commodity-different (e.g., alcohol demand and weekly soda use) variables. A similar pattern was observed for cigarette and chocolate demand, but selectivity was not as consistent as for alcohol and soda. Collectively, we observed robust selectivity for alcohol and soda purchase tasks and modest selectivity for cigarette and chocolate purchase tasks. These preliminary outcomes suggest that demand metrics adequately reflect the specific commodity under study and support the continued use of purchase tasks in substance use research

Using Appellate Decisions to Evaluate the Impact of Judicial Elections

Using Appellate Decisions to Evaluate the Impact of Judicial Elections. By Gregory DeAngelo & Bryan McCannon
West Virginia University Working Paper, June 2017, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2973369

Abstract: We investigate judicial election's impact on criminal case handling. Data from appeals of felony convictions in New York state are used to measure the accuracy of lower court outcomes. We also account for judicial election pressures and career paths. A theoretical model is developed where to guide the empirical analysis judges face a trade-off between exerting time and effort in criminal and civil cases. We show that during a re-election campaign, when the importance of good decision making in both types of cases is heightened, if the civil case outcomes are sufficiently more important, then error rates in criminal cases can increase. This effect is reversed for those who have a greater intrinsic interest in criminal justice. Results from the empirical analysis conform to the hypotheses derived from the theoretical model. Convictions that occur during the judge's re-election campaign are less likely to be upheld if appealed. The effect is concentrated in those who did not previously work in a prosecutor's office. In fact, judges who are former prosecutors experience higher affirmation rates with an additional escalation in success when up for re-election. We also differentiate judges who handle more civil cases and show that re-election distortions are greater. Finally, we also consider those who receive greater campaign support from special interest groups. Those who receive financial support have reduced accuracy. These additional results are consistent with the theory that it is the trade-off between criminal and civil cases that is driving decision making. Our results suggest that the criminal justice system is impacted by the interaction between a judge's characteristics and re-election incentives.

Effects of alcohol, initial gambling outcomes, impulsivity, and gambling cognitions on gambling behavior using a video poker task

Effects of alcohol, initial gambling outcomes, impulsivity, and gambling cognitions on gambling behavior using a video poker task. By Corbin, William R.; Cronce, Jessica M.
Experimental and Clinical Psychopharmacology, Vol 25(3), Jun 2017, 175-185. http://dx.doi.org/10.1037/pha0000125

Abstract: Drinking and gambling frequently co-occur, and concurrent gambling and drinking may lead to greater negative consequences than either behavior alone. Building on prior research on the effects of alcohol, initial gambling outcomes, impulsivity, and gambling cognitions on gambling behaviors using a chance-based (nonstrategic) slot-machine task, the current study explored the impact of these factors on a skill-based (strategic) video poker task. We anticipated larger average bets and greater gambling persistence under alcohol relative to placebo, and expected alcohol effects to be moderated by initial gambling outcomes, impulsivity, and gambling cognitions. Participants (N = 162; 25.9% female) were randomly assigned to alcohol (target BrAC = .08g%) or placebo and were given $10 to wager on a simulated video poker task, which was programmed to produce 1 of 3 initial outcomes (win, breakeven, or lose) before beginning a progressive loss schedule. Despite evidence for validity of the video poker task and alcohol administration paradigm, primary hypotheses were not supported. Individuals who received alcohol placed smaller wagers than participants in the placebo condition, though this effect was not statistically significant, and the direction of effects was reversed in at-risk gamblers (n = 41). These findings contradict prior research and suggest that alcohol effects on gambling behavior may differ by gambling type (nonstrategic vs. strategic games). Interventions that suggest alcohol is universally disinhibiting may be at odds with young adults’ lived experience and thus be less effective than those that recognize the greater complexity of alcohol effects.

Far from fairness: Prejudice, skin color, and psychological functioning in Asian Americans

Far from fairness: Prejudice, skin color, and psychological functioning in Asian Americans. By Tran, Alisia G. T. T.; Cheng, Hsiu-Lan; Netland, Jason D.; Miyake, Elisa R.
Cultural Diversity and Ethnic Minority Psychology, Vol 23(3), Jul 2017, 407-415.
http://dx.doi.org/10.1037/cdp0000128

Abstract

Objectives: We explored the moderating role of observed skin color in the association between prejudice and concurrent and lagged psychological functioning (i.e., depression, ingroup/outgroup psychological connectedness). We further aimed to understand gender differences in these processes.

Method: Data from 821 Asian American undergraduate students (57.5% female and 42.5% male) were drawn from the National Longitudinal Survey of Freshman. Cross-sectional and longitudinal regression-based moderation models were conducted with PROCESS 2.13 for SPSS.

Results: Lighter skin color nullified the association between prejudice and recent depression for Asian American females. This moderating effect did not hold over time with regards to depression symptoms 1 year later. Additionally, prejudice predicted psychological distance to other Asian students 1 year later among females rated as lighter in skin color, whereas prejudice was tied to psychological closeness for females with darker skin ratings.

Conclusions: Results highlight skin color as a pertinent factor relevant to the short-term and long-term mental health and social experiences of Asian American women in particular.

County governing boards: Where are all the women?

County governing boards: Where are all the women? By Leander Kellogg et al.
Politics, Groups, and Identities, http://www.tandfonline.com/doi/abs/10.1080/21565503.2017.1304223?journalCode=rpgi20

Abstract: This research seeks to explore the extent of women representation on county governing boards and tests several hypotheses to explain variation in representation. This study evaluates a random sample of 394 of the more than 3000 counties in the United States. Half of the counties did not have any women serving on their county governing boards. A two-stage analysis using first a logit model sought to explain when counties have women commissioners and then a truncated regression analysis evaluated the percentage of women serving on county boards. Size of governing boards, size of government, religious adherence, and two election formats had significant effects in explaining when a county had women commissioners. Three variables (religious adherence, level of support for President Obama, and size of governing boards) were significant in explaining the percentage of women serving on county governing boards with size of the boards operating opposite of the hypothesized direction.

KEYWORDS: Women, descriptive representation, U.S. counties, local politics


Check also:


Candidate Choice Without Party Labels: New Insights from Conjoint Survey Experiments. By Patricia Kirkland & Alexander Coppock
Political Behavior, https://link.springer.com/article/10.1007/s11109-017-9414-8

Does the Stock Market Boost Firm Innovation? Evidence from Chinese Firms

Does the Stock Market Boost Firm Innovation? Evidence from Chinese Firms. By Hui He, Hanya Li, Jinfan Zhang. IMF Working Paper No. 17/147, http://www.imf.org/en/Publications/WP/Issues/2017/06/29/Does-the-Stock-Market-Boost-Firm-Innovation-Evidence-from-Chinese-Firms-44983?cid=em-COM-123-35527

Summary: The paper analyses the effect of the stock market on firm innovation through the lens of initial public offering (IPO) using uniquely matched Chinese firm-level data. We find that IPOs lead to an increase in both the quantity and quality of firm innovation activity. In addition, IPOs expand a firm’s scope of innovation beyond its core business. The impact of IPOs on firm innovation varies across financial constraints, corporate governance, and ownership structures. Our results further illustrate that IPOs induce a firm to increase the number of inventors and enable better retention of existing inventors after the IPO. Finally, we show that the enhanced innovation activity resulting from IPOs increases a firm’s Tobin’s Q in the long run.

More politicians, more corruption: Evidence from Swedish municipalities

More politicians, more corruption: Evidence from Swedish municipalities. By Andreas Bergh, Günther Fink & Richard Öhrvall. Public Choice (2017), https://link.springer.com/article/10.1007/s11127-017-0458-4

Abstract: In the literature on political economy and public choice, it is typically assumed that government size correlates positively with public corruption. The empirical literature, however, is inconclusive, owing to both measurement problems and endogeneity. This paper creates a corruption index based on original data from a survey covering top politicians and civil servants in all Swedish municipalities. The effect of more politicians on corruption problems is analyzed using discontinuities in the required minimum size of local councils. Despite the fact that Sweden consistently has been ranked among the least corrupt countries in the world, the survey suggest that non-trivial corruption problems are present in Sweden. Municipalities with more local council seats have more reported corruption problems, and the regression discontinuity design suggests that the effect is causal.

Deradicalizing Detained Terrorists

Marc-Andre Lafreniere, and Jocelyn J. Belanger. 2017. "Deradicalizing Detained Terrorists." Political Psychology (May). http://onlinelibrary.wiley.com/doi/10.1111/pops.12428/abstract

Abstract: Deradicalization of terrorists constitutes a critical component of the global “war on terror.” Unfortunately, little is known about deradicalization programs, and evidence for their effectiveness is derived solely from expert impressions and potentially flawed recidivism rates. We present the first empirical assessment of one such program: the Sri Lankan rehabilitation program for former members of the Liberation Tigers of Tamil Eelam (a terrorist organization that operated in Sri Lanka until their defeat in 2009). We offer evidence that deradicalization efforts that provided beneficiaries with sustained mechanisms for earning personal significance significantly reduced extremism after 1 year (Study 1). We also found that upon release, beneficiaries expressed lower levels of extremism than their counterparts in the community (Study 2). These findings highlight the critical role of personal significance in deradicalization efforts, offer insights into the workings of deradicalization, and suggest practical methods for improving deradicalization programs worldwide.

Cultural evolution of military camouflage

Cultural evolution of military camouflage. By Laszlo Talas, Roland Baddeley & Innes Cuthill
Philosophical Transactions of the Royal Society: Biological Sciences, July 5, 2017, https://www.ncbi.nlm.nih.gov/pubmed/28533466

Abstract: While one has evolved and the other been consciously created, animal and military camouflage are expected to show many similar design principles. Using a unique database of calibrated photographs of camouflage uniform patterns, processed using texture and colour analysis methods from computer vision, we show that the parallels with biology are deeper than design for effective concealment. Using two case studies we show that, like many animal colour patterns, military camouflage can serve multiple functions. Following the dissolution of the Warsaw Pact, countries that became more Western-facing in political terms converged on NATO patterns in camouflage texture and colour. Following the break-up of the former Yugoslavia, the resulting states diverged in design, becoming more similar to neighbouring countries than the ancestral design. None of these insights would have been obtained using extant military approaches to camouflage design, which focus solely on concealment. Moreover, our computational techniques for quantifying pattern offer new tools for comparative biologists studying animal coloration.

KEYWORDS: cultural evolution; defensive coloration; military camouflage; texture analysis

When Criticism is Ineffective: The Case of Historical Trauma and Unsupportive Allies

Hirschberger, G., Lifshin, U., Seeman, S., Ein-Dor, T., and Pyszczynski, T. (2017) When Criticism is Ineffective: The Case of Historical Trauma and Unsupportive Allies. Eur. J. Soc. Psychol., doi: 10.1002/ejsp.2253, http://onlinelibrary.wiley.com/doi/10.1002/ejsp.2253/abstract

Abstract: Three studies examined the effect of historical trauma reminders and criticism from international allies on attitudes toward current conflicts. In Study 1, Israeli participants (N = 116) were primed with the Holocaust, and read either that US President Obama supports Israel's right to defend itself and attack Iran, or that he opposes such action. Then, support for preemptive violence was assessed. Study 2 (N = 133) replicated this design, comparing inclusive and exclusive framings of the Holocaust. Study 3 (N = 478), examined the effect of Holocaust reminders and criticism from the EU on attitudes toward militant policies against Palestinians. All three studies found that Holocaust primes juxtaposed with international criticism increased support for aggression, especially under exclusive framings of the Holocaust. Study 3, however, found this effect only among left-wing participants. These findings indicate that when historical trauma is salient, international criticism may be ineffective and may even backfire.

Does Competition Reduce Racial Discrimination in Lending?

Does Competition Reduce Racial Discrimination in Lending? By Greg Buchak & Adam Tejs Jørring
University of Chicago Working Paper, April 2017. http://home.uchicago.edu/~buchak/papers/mortgage_discrimination.pdf

Abstract: This paper examines whether increases in bank competition reduce discriminatory practices in mortgage lending. Lenders are significantly less likely to approve black applicants' loan applications despite facing similar credit risk. However, following the relaxation of interstate bank branching laws in the 1990s, increases in local lending competition reduced the approval differential between potential white and black borrowers by roughly one quarter. The reduction was driven both by incumbent lenders altering lending policies to avoid losing market share and by the entry of new banks. The results suggest strong complementaries between direct regulation and the competition mechanism. In particular, direct regulation is effective against large lenders where statistical proof problems are less severe, while competition provides incentives to smaller, harder to regulate lenders.

Gender Equality in Mortgage Lending

Fang, L. and Munneke, H. J. (2017), Gender Equality in Mortgage Lending. Real Estate Economics. doi:10.1111/1540-6229.12198

Abstract: Using a sample of 30-year fixed-rate subprime mortgage loans, this paper empirically examines whether gender inequality exists in the mortgage market, specifically, whether a borrower's gender affects the loan contract rate charged, beyond the impact of the borrower's probability of default and prepayment. The results, based on a competing-risks loan hazard model, reveal that borrowers of different gender have different loan termination patterns. After controlling for the probability of a borrower defaulting or prepaying, female borrowers pay higher contract rates in the subprime mortgage market over the study period.




Remember too: When Beauty Doesn't Pay: Gender and Beauty Biases in a Peer-to-Peer Loan Market. By Ko Kuwabara & Sarah Thébaud
Social Forces, June 2017, Pages 1371-1398. https://doi.org/10.1093/sf/sox020

Offspring of parents who were separated and not speaking to one another have reduced resistance to the common cold as adults

Offspring of parents who were separated and not speaking to one another have reduced resistance to the common cold as adults. By Michael L. M. Murphy, Sheldon Cohen, Denise Janicki-Deverts, and William J. Doyle
Proceedings of the National Academy of Sciences, http://www.pnas.org/content/114/25/6515.abstract

Significance: Adults whose parents separated during childhood are at increased risk for poorer health, although the underlying mechanisms remain unclear. Furthermore, increasing evidence suggests that aspects of the family environment following parental separation better predict a child’s adjustment than the separation itself. Using a viral challenge study, we found that adults whose parents separated but remained on speaking terms during childhood were no more likely to develop a cold when exposed to a cold-causing virus than adults from intact childhood families. However, adults whose parents separated and did not speak to each other during childhood were more than three times as likely to develop a cold following viral exposure. This increased risk was attributed to heightened inflammation in response to infection.

Abstract: Exposure to parental separation or divorce during childhood has been associated with an increased risk for physical morbidity during adulthood. Here we tested the hypothesis that this association is primarily attributable to separated parents who do not communicate with each other. We also examined whether early exposure to separated parents in conflict is associated with greater viral-induced inflammatory response in adulthood and in turn with increased susceptibility to viral-induced upper respiratory disease. After assessment of their parents’ relationship during their childhood, 201 healthy volunteers, age 18–55 y, were quarantined, experimentally exposed to a virus that causes a common cold, and monitored for 5 d for the development of a respiratory illness. Monitoring included daily assessments of viral-specific infection, objective markers of illness, and local production of proinflammatory cytokines. Adults whose parents lived apart and never spoke during their childhood were more than three times as likely to develop a cold when exposed to the upper respiratory virus than adults from intact families. Conversely, individuals whose parents were separated but communicated with each other showed no increase in risk compared with those from intact families. These differences persisted in analyses adjusted for potentially confounding variables (demographics, current socioeconomic status, body mass index, season, baseline immunity to the challenge virus, affectivity, and childhood socioeconomic status). Mediation analyses were consistent with the hypothesis that greater susceptibility to respiratory infectious illness among the offspring of noncommunicating parents was attributable to a greater local proinflammatory response to infection.

The Acquisitive Nature of Extraverted CEOs

The Acquisitive Nature of Extraverted CEOs. By Shavin Malhotra et al.
Administrative Science Quarterly, https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2973018

Abstract: This study examines how extraversion, a personality trait that signifies more or less positive affect, assertive behavior, decisive thinking, and desires for social engagement, influences chief executive officers’ (CEOs’) decisions and the ensuing strategic behavior of firms. Using a novel linguistic technique to assess personality from unscripted text spoken by 2,381 CEOs of S&P 1500 firms over ten years, we show that CEOs’ extraversion influences the merger and acquisition (M&A) behavior of firms above and beyond other well-established personality traits. We find that extraverted CEOs are more likely to engage in acquisitions, and to conduct larger ones, than other CEOs and that these effects are partially explained by their higher representation on boards of other firms. Moreover, we find that the acquisitive nature of extraverted CEOs reveals itself particularly in so-called “weaker” situations, in which CEOs enjoy considerable discretion to behave in ways akin to their personality traits. Subsequent analyses show that extraverted CEOs are also more likely than other CEOs to succeed in M&As, as reflected by stronger abnormal returns following acquisition announcements.

Keywords: personality, chief executive officers, mergers and acquisitions, extraversion
JEL Classification: G02, G34, M12

Pupillary Responses to Words That Convey a Sense of Brightness or Darkness

Pupillary Responses to Words That Convey a Sense of Brightness or Darkness. By Sebastiaan Mathôt, Jonathan Grainger & Kristof Strijkers
Psychological Science, https://www.ncbi.nlm.nih.gov/pubmed/28613135

Abstract: Theories about embodiment of language hold that when you process a word’s meaning, you automatically simulate associated sensory input (e.g., perception of brightness when you process lamp) and prepare associated actions (e.g., finger movements when you process typing). To test this latter prediction, we measured pupillary responses to single words that conveyed a sense of brightness (e.g., day) or darkness (e.g., night) or were neutral (e.g., house). We found that pupils were largest for words conveying darkness, of intermediate size for neutral words, and smallest for words conveying brightness. This pattern was found for both visually presented and spoken words, which suggests that it was due to the words’ meanings, rather than to visual or auditory properties of the stimuli. Our findings suggest that word meaning is sufficient to trigger a pupillary response, even when this response is not imposed by the experimental task, and even when this response is beyond voluntary control.

Gambling Attitudes and Financial Misreporting

Gambling Attitudes and Financial Misreporting. By Dane Christensen, Keith Jones & David Kenchington
Contemporary Accounting Research, http://onlinelibrary.wiley.com/doi/10.1111/1911-3846.12322/pdf

Abstract: We investigate whether attitudes toward gambling help explain the occurrence of intentional misreporting. Similar to gambling, some financial reporting choices involve taking deliberate, speculative risks. We predict that in places where gambling is more socially acceptable, managers will be more likely to take financial reporting risks that increase the likelihood the financial statements will need to be restated. To test this prediction, we exploit geographic variation in local gambling attitudes and find that restatements due to intentional misreporting are more common in areas where gambling is more socially acceptable. This association is even stronger in situations where management is under greater pressure to misreport, including when the firm is: close to meeting a performance benchmark, experiencing poor financial performance, or under investment-related pressure. Furthermore, these results are robust to numerous tests to address omitted variables and endogeneity. Collectively, these findings suggest gambling attitudes help explain the incidence of intentional misreporting.

Keywords: Gambling; Attitudes; Misreporting; Irregularities.
JEL Classification Codes: K42; M14; M41; M42; R10.

Selectively Distracted: Divided Attention and Memory for Important Information

Selectively Distracted: Divided Attention and Memory for Important Information. By Catherine Middlebrooks, Tyson Kerr & Alan Castel
Psychological Science, http://journals.sagepub.com/doi/abs/10.1177/0956797617702502

Abstract: Distractions and multitasking are generally detrimental to learning and memory. Nevertheless, people often study while listening to music, sitting in noisy coffee shops, or intermittently checking their e-mail. The current experiments examined how distractions and divided attention influence one’s ability to selectively remember valuable information. Participants studied lists of words that ranged in value from 1 to 10 points while completing a digit-detection task, while listening to music, or without distractions. Though participants recalled fewer words following digit detection than in the other conditions, there were no significant differences between conditions in terms of selectively remembering the most valuable words. Similar results were obtained across a variety of divided-attention tasks that stressed attention and working memory to different degrees, which suggests that people may compensate for divided-attention costs by selectively attending to the most valuable items and that factors that worsen memory do not necessarily impair the ability to selectively remember important information.

Is China building too many airports?

Is China building too many airports? By Fran Wang. Caixin, Jun 23, 2017. http://www.caixinglobal.com/2017-06-23/101105028.html. Extract.

Over the next three years, local authorities in China are planning to build more than 900 airports for general aviation—the segment of the industry that includes crop dusting and tourism. The figure is nearly double the central government’s goal of “more than 500” over the period.

A news report has warned that’s just too many airports.

In May 2016, the State Council, China’s cabinet, announced that the country wanted to construct more than 500 general aviation airports to boost the size of the industry to over 1 trillion yuan (U.S.$146 billion).

General aviation covers flights on helicopters and light aircraft used in sectors such as tourism, agriculture, medical care, and disaster relief.

All provincial-level governments except Shanghai, Tibet, and the northeastern province of Jilin have since published their own plans for these airports, and their goal is far more ambitious than the central government’s. Together, they plan to build 934 general aviation airports, according to the 21st Century Business Herald.

The number put forward by each region ranges from seven to 200. The three places that intend to build the most general aviation airports are Guangxi in southern China, Heilongjiang in the northeast, and Xinjiang in the northwest—all remote and less developed areas, the newspaper said.

Despite the government excesses managing the public treasure*, corruption in civil engineering works†, etc.‡, the citizen is quite comfortable ¶ with these expenditures (while the costs are not recouped visibly from him). It seems that if we see more tower buildings, and are taller, we assume we are progressing, there is material advance, and that most are better for this. My hypothesis is that what feeds the population's approval are patriotism§ (very powerful in Han China) and redistributionism֍.




From Chris Buckley's China’s New Bridges: Rising High, but Buried in Debt, The New York Times, Jun 10, 2017. Available at https://www.nytimes.com/2017/06/10/world/asia/china-bridges-infrastructure.html (impressive imagery).

*    “Infrastructure is a double-edged sword,” said Atif Ansar, a management professor at the University of Oxford who has studied China’s infrastructure spending. “It’s good for the economy, but too much of this is pernicious. ‘Build it and they will come’ is a dictum that doesn’t work, especially in China, where there’s so much built already.”

A study that Mr. Ansar helped write said fewer than a third of the 65 Chinese highway and rail projects he examined were “genuinely economically productive,” while the rest contributed more to debt than to transportation needs.

†  In the past six years, anticorruption inquiries have toppled more than 27 Hunan transportation officials.

‡, §   “The amount of high bridge construction in China is just insane,” said Eric Sakowski, an American bridge enthusiast who runs a website on the world’s highest bridges. “China’s opening, say, 50 high bridges a year, and the whole of the rest of the world combined might be opening 10.”

    Of the world’s 100 highest bridges, 81 are in China, including some unfinished ones, according to Mr. Sakowski’s data. (The Chishi Bridge ranks 162nd.)

    China also has the world’s longest bridge, the 102-mile Danyang-Kunshan Grand Bridge, a high-speed rail viaduct running parallel to the Yangtze River, and is nearing completion of the world’s longest sea bridge, a 14-mile cable-stay bridge skimming across the Pearl River Delta, part of a 22-mile bridge and tunnel crossing that connects Hong Kong and Macau with mainland China.

    The country’s expressway growth has been compared to that of the United States in the 1950s, when the Interstate System of highways got underway, but China is building at a remarkable clip. In 2016 alone, China added 26,100 bridges on roads, including 363 “extra large” ones with an average length of about a mile, government figures show.

֍    “It’s very important to improve transport and other infrastructure so that impoverished regions can escape poverty and prosper,” President Xi Jinping said while visiting the spectacular, recently opened Aizhai Bridge in Hunan in 2013. “We must do more of this and keep supporting it.”

¶    Indeed, the new roads and railways have proved popular.


§  Who Will Fight? The All-Volunteer Army after 9/11. By Susan Payne Carter, Alexander Smith & Carl Wojtaszek. American Economic Review, May 2017, Pages 415-419, https://www.aeaweb.org/articles?id=10.1257/aer.p20171082.

Candidate Choice Without Party Labels: New Insights from Conjoint Survey Experiments

Candidate Choice Without Party Labels: New Insights from Conjoint Survey Experiments. By Patricia Kirkland & Alexander Coppock
Political Behavior, https://link.springer.com/article/10.1007/s11109-017-9414-8

Abstract: In the absence of party labels, voters must use other information to determine whom to support. The institution of nonpartisan elections, therefore, may impact voter choice by increasing the weight that voters place on candidate dimensions other than partisanship. We hypothesize that in nonpartisan elections, voters will exhibit a stronger preference for candidates with greater career and political experience, as well as candidates who can successfully signal partisan or ideological affiliation without directly using labels. To test these hypotheses, we conducted conjoint survey experiments on both nationally representative and convenience samples that vary the presence or absence of partisan information. The primary result of these experiments indicates that when voters cannot rely on party labels, they give greater weight to candidate experience. We find that this process unfolds differently for respondents of different partisan affiliations: Republicans respond to the removal of partisan information by giving greater weight to job experience while Democrats respond by giving greater weight to political experience. Our results lend microfoundational support to the notion that partisan information can crowd out other kinds of candidate information.