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Full-Text Articles in Social and Behavioral Sciences

Video-Based Versus Written Situational Judgment Tests: A Comparison In Terms Of Predictive Validity, Filip Lievens, Paul R. Sackett Sep 2006

Video-Based Versus Written Situational Judgment Tests: A Comparison In Terms Of Predictive Validity, Filip Lievens, Paul R. Sackett

Research Collection Lee Kong Chian School Of Business

In this study, the authors examined whether video-based situational judgment tests (SJTs) have higher predictive validity than written SJTs (keeping verbal content constant). The samples consisted of 1, 159 students who completed a video-based version of an SIT and 1,750 students who completed the same SIT in a written format. The study was conducted in a high stakes testing context. The video-based version of an interpersonally oriented SJT had a lower correlation with cognitive ability than did the written version. It also had higher predictive and incremental validity for predicting interpersonally oriented criteria than did the written version. In this …

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An Agent-Based Model Of Crisis-Driven Ethnic Migration, Michael Makowsky, Tamas Makany, Patrick Meier, Jorge Tavares Sep 2006

An Agent-Based Model Of Crisis-Driven Ethnic Migration, Michael Makowsky, Tamas Makany, Patrick Meier, Jorge Tavares

Research Collection Lee Kong Chian School Of Business

The literature on ethnic migration suggests that natural disasters, armed conflict, economics and cultural networks are key drivers of migration. The dearth of georeferenced ethnic data, however, limits the value of econometric analysis. We build an agent-based model to simulate crisis-driven migration. Agents within a multi-ethnic population monitor their spatial environments to formulate perceptions of the risk of being persecuted. The expected utility of staying within a given neighborhood is inversely related to the perceived probability of persecution. Cultural networks temper an agent's security calculus, with strong social ties dampening the human security dilemma. Agents express preferences regarding the different …

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Smu To Develop New Law School, Singapore Management University Aug 2006

Smu To Develop New Law School, Singapore Management University

SMU Press Releases

No abstract provided.

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The Political Economy Of Poverty Reduction: A Comparative Study Of Two Chinese Provinces, John A. Donaldson Aug 2006

The Political Economy Of Poverty Reduction: A Comparative Study Of Two Chinese Provinces, John A. Donaldson

Research Collection School of Social Sciences

Is growth good for the poor? In theory, yes. As one influential report on China’s “War on Poverty” suggested, ”Obviously robust economic growth helps reduce poverty, as long as the gains are reasonably distributed” (Rozelle et al. 2000). In practice as well, growth is often a crucial ingredient in the poverty reduction recipe. While this relationship is well founded, important exceptions present themselves – some areas grow, but poverty persists; the economies of other areas remain apparently stagnant, yet poverty diminishes. These exceptions, if studied, will not only illuminate further the causal relationship between these two concepts, but also provide …

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The Sociality Of Cultural Industries: Hong Kong's Cultural Policy And Film Industry, Lily Kong Aug 2006

The Sociality Of Cultural Industries: Hong Kong's Cultural Policy And Film Industry, Lily Kong

Research Collection School of Social Sciences

In this article, I explore the sociality of cultural industries by analyzing the film industry in Hong Kong. In particular, the social networks and relationships at multiple scales – across national boundaries, within local settings and on production sets – are examined, revealing their critical role in contributing to the health of the film industry. The risks faced at various steps of the production, marketing and distribution process are ameliorated by trust relations, built up through time between social actors in spontaneous ways. While Hong Kong cultural policy in part seeks to create the social and spatial contexts within which …

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Spectral Density Estimation And Robust Hypothesis Testing Using Steep Origin Kernels Without Truncation, Peter C.B Philips, Yixiao Sun, Sainan Jin Aug 2006

Spectral Density Estimation And Robust Hypothesis Testing Using Steep Origin Kernels Without Truncation, Peter C.B Philips, Yixiao Sun, Sainan Jin

Research Collection School Of Economics

A new class of kernels for long-run variance and spectral density estimation is developed by exponentiating traditional quadratic kernels. Depending on whether the exponent parameter is allowed to grow with the sample size, we establish different asymptotic approximations to the sampling distribution of the proposed estimators. When the exponent is passed to infinity with the sample size, the new estimator is consistent and shown to be asymptotically normal. When the exponent is fixed, the new estimator is inconsistent and has a nonstandard limiting distribution. It is shown via Monte Carlo experiments that, when the chosen exponent is small in practical …

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Characterizing Exchange Rate Policy In East Asia: A Reconsideration, Hwee Kwan Chow Aug 2006

Characterizing Exchange Rate Policy In East Asia: A Reconsideration, Hwee Kwan Chow

Research Collection School Of Economics

Frankel and Wei [Frankel, J. A., & Wei, S.-J. (1994). Yen bloc or dollar bloc: Exchange rate policies of the East Asian economies. In I. Takatoshi & A. Krueger (Eds.), Macroeconomic linkages. Chicago: University of Chicago Press] developed and popularized a method for uncovering the implicit weights assigned to major international currencies constituting a currency basket. We extend the methodology in two dimensions: include regional competitive pressure and employ a vector autoregressive (VAR) model to overcome simultaneity bias. With these modifications, we confirm the prominent role of the US dollar in the exchange rate policy of East Asian economies beyond …

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The Coevolution Of Economic And Political Development, Fali Huang Aug 2006

The Coevolution Of Economic And Political Development, Fali Huang

Research Collection School Of Economics

This paper establishes a simple model of long run economic and political development, which is driven by the inherent technical features of different production factors, and political conflicts among factor owners on how to divide the outputs. The main capital form in economy evolves from land to physical capital and then to human capital, which enables their respective owners (landlords, capitalists, and workers) to gain political powers in the same sequence, shaping the political development path from monarchy to elite ruling and finally to full suffrage. When it is too costly for any group of factor owners to repress others, …

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Richard Rorty And Moral Progress In Global Relations, Eduard Jordaan Aug 2006

Richard Rorty And Moral Progress In Global Relations, Eduard Jordaan

Research Collection School of Social Sciences

Richard Rorty's navigation of the pitfalls of the cosmopolitan-communitarian debate, concern with human suffering, recognition of the contingency of communal identities and relationships, and his endorsement of liberal societies, by definition inclusive and always in search of a greater justice, make it appear as though his thought can guide us towards greater concern for the world's poor. However, this article questions the progressive potential of Rorty's thought. Obstacles to such (global) moral progress include Rorty's unquestioned statism and his focus on internal outsiders who are suffering and/or oppressed, instead of external outsiders beyond national borders; his insistence on a public-private …

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Protection For Sale Under Monopolistic Competition: An Empirical Investigation, Pao Li Chang, Myoung-Jae Lee Aug 2006

Protection For Sale Under Monopolistic Competition: An Empirical Investigation, Pao Li Chang, Myoung-Jae Lee

Research Collection School Of Economics

This paper proposes a general empirical framework to estimate the protection-for-sale model, where the protection regime shifts according to a sector's market structure (perfectly or monopolistically competitive). We base the protection structure on Grossman and Helpman (1994) for the subset of perfectly competitive sectors and on Chang (2005) for the subset of monopolistically competitive sectors. The two protection regimes are simultaneously estimated with joint constraints. The results of the J-test consistently reject the homogeneous (perfect competition) protection-for-sale model often adopted in previous literature and suggest a direction of improvement toward the proposed heterogeneous protection structure model.

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Knowledges Of The Creative Economy: Towards A Relational Geography Of Diffusion And Adaptation In Asia, Lily Kong, Chris Gibson, Louisa-May Khoo, Anne-Louise Semple Aug 2006

Knowledges Of The Creative Economy: Towards A Relational Geography Of Diffusion And Adaptation In Asia, Lily Kong, Chris Gibson, Louisa-May Khoo, Anne-Louise Semple

Research Collection School of Social Sciences

Recent dialogues in geography and the social sciences have reminded researchers of the extent to which academic and policy knowledges are socially and spatially embedded-that is, they circulate through formal and informal systems of publishing, exchange, commodification and cultural influence. Academic and policy knowledges are, in short, very much a part of the creative economy. In light of this, our paper surveys knowledges of the creative economy itself, as reflected in a geography of industry reports and government policy statements in selected Asian countries. Using a post-positivist framework adapted from diffusion theory, we critically interpret the circulation, mutation and adaptation …

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Can't Afford To See A Doctor? The Difficulties Of Reforming China's Healthcare System, Knowledge@Smu Jul 2006

Can't Afford To See A Doctor? The Difficulties Of Reforming China's Healthcare System, Knowledge@Smu

Knowledge@SMU

An article co-published on May 22 by China Social Science Literature Publishing house and China Medical Industry Magazine, entitled “Healthcare Greenpaper,” reviews a series of problems associated with China’s healthcare reform over the past 10 years. Of the five biggest problems identified by the paper, the worst one is prohibitively expensive treatment. To examine this issue, Knowledge@Wharton interviewed a variety of experts and officials on the state of health care in China and the changing relationships between hospitals and patients.

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Perceptions Of Corporate Social Responsibility: An Empirical Study In Singapore; Strategic Management Policy, Gilbert Yip Wei Tan, Rajah Vellan Komaran Jul 2006

Perceptions Of Corporate Social Responsibility: An Empirical Study In Singapore; Strategic Management Policy, Gilbert Yip Wei Tan, Rajah Vellan Komaran

Research Collection Lee Kong Chian School Of Business

In Singapore, there is no doubt that there have been efforts by various local and foreign corporations to incorporate some CSR principles in their operations. Indeed, there was a national initiative modeled after the tripartite approach to industrial relations where national economic and industrial issues are collectively resolved by the government, employers and employees. Against the backdrop of this national initiative and the effort by some corporations to incorporate CSR principles, not much is really known about the state of affairs in Singapore.

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Gender Differences In Perceived Work Demands, Family Demands, And Life Stress Among Married Chinese Employees, Jaepil Choi, Chao C. Chen Jul 2006

Gender Differences In Perceived Work Demands, Family Demands, And Life Stress Among Married Chinese Employees, Jaepil Choi, Chao C. Chen

Research Collection Lee Kong Chian School Of Business

Although gender-based division of labour and the identity theory of stress suggest that the relationship between work and family demands and life stress may vary as a function of gender, it is largely unknown whether these arguments are also valid in China. To address this gap in the existing literature, the current study investigates the gender differences in perceived work and family demands, and the effects of these perceived demands on the life stress of Chinese male and female employees. The study of 153 married Chinese employees found that Chinese women perceived a higher level of family demands than did …

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Smu Celebrates Third Batch Of 628 Graduates, Singapore Management University Jul 2006

Smu Celebrates Third Batch Of 628 Graduates, Singapore Management University

SMU Press Releases

No abstract provided.

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A Modified Family Of Power Transformations, Zhenlin Yang Jul 2006

A Modified Family Of Power Transformations, Zhenlin Yang

Research Collection School Of Economics

A modified family of power transformation, called the dual power transformation, is proposed. The new transformation is shown to possess properties similar to those of the well-known Box-Cox power transformation, but overcomes the long-standing truncation problem of the latter. It generates a rich family of distributions that is seen to be very useful in modeling and analysis of durations and event-times.

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Weak Monotonicity Characterizes Deterministic Dominant-Strategy Implementation, Sushil Bikhchandani, Shurojit Chatterji, Ron Lavi, Ahuva Mu'alem, Noam Nisan, Arunava Sen Jul 2006

Weak Monotonicity Characterizes Deterministic Dominant-Strategy Implementation, Sushil Bikhchandani, Shurojit Chatterji, Ron Lavi, Ahuva Mu'alem, Noam Nisan, Arunava Sen

Research Collection School Of Economics

We characterize dominant-strategy incentive compatibility with multidimensional types. A deterministic social choice function is dominant-strategy incentive compatible if and only if it is weakly monotone (W-Mon). The W-Mon requirement is the following: If changing one agent's type (while keeping the types of other agents fixed) changes the outcome under the social choice function, then the resulting difference in utilities of the new and original outcomes evaluated at the new type of this agent must be no less than this difference in utilities evaluated at the original type of this agent.

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Temporal Dynamics Of The Urban Heat Island Of Singapore, Winston T. L. Chow, Matthias Roth Jul 2006

Temporal Dynamics Of The Urban Heat Island Of Singapore, Winston T. L. Chow, Matthias Roth

Research Collection School of Social Sciences

The temporal variability of the canopy‐level urban heat island (UHI) of Singapore is examined for different temporal scales on the basis of observations during a 1‐year period. Temperature data obtained from different urban areas (commercial, Central Business District (CBD), high‐rise and low‐rise housing) are compared with ‘rural’ reference data and analysed with respect to meteorological variables and differences in land use. The results indicate that the peak UHI magnitude occurs 3–4 h (>6 h) after sunset in the commercial area, (at other urban sites). Higher UHI intensities generally occur during the southwest monsoon period of May–August, with a maximum …

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Exchange-Rate Systems And Interest-Rate Behaviour: The Experience Of Hong Kong And Singapore, Yiu Kuen Tse, Paul S. L. Yip Jul 2006

Exchange-Rate Systems And Interest-Rate Behaviour: The Experience Of Hong Kong And Singapore, Yiu Kuen Tse, Paul S. L. Yip

Research Collection School Of Economics

The Currency Board System in Hong Kong and the monitoring band system in Singapore are important benchmarks for two different exchange-rate systems. In this paper we consider the implications of the two exchange-rate systems on the interest-rate behaviour of the two economies. We examine the domestic–US interest differentials under the two exchange-rate regimes during the Asian Financial Crisis as well as the pre-and post-crisis periods. Using a bivariate generalized autoregressive conditional heteroscedasticity model, we also investigate whether there is any change in the correlation between the domestic and US interest rates due to the Asian Financial Crisis.

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'A Hundred Flowers Bloom': The Re-Emergence Of The Chinese Press In Post-Suharto Indonesia, Chang Yau Hoon Jul 2006

'A Hundred Flowers Bloom': The Re-Emergence Of The Chinese Press In Post-Suharto Indonesia, Chang Yau Hoon

Research Collection School of Social Sciences

During the whole 32 years of Suharto’s regime (1966–98), Chinese publications and the use of Chinese language in public were officially banned in Indonesia. As a result, printed matter in Chinese characters that entered Indonesia was classified as ‘prohibited imports’ (Heryanto 1999: 327). This prohibition came to an end after the fall of Suharto, as part of the process of democratization and Reformasi. The post-Suharto era of Reformasi is thus celebrated for the dramatic revival of the freedom of the press and media in Indonesia and many previously banned as well as new publications have emerged since Suharto’s fall. The …

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Voter Strategies With Restricted Choice Menus, Kenneth Benoit, Daniela Giannetti, Michael Laver Jul 2006

Voter Strategies With Restricted Choice Menus, Kenneth Benoit, Daniela Giannetti, Michael Laver

Research Collection School of Social Sciences

Mixed-member electoral systems require voters simultaneously to cast ballots in single-member districts (SMD) and multimember, proportional representation (PR) constituencies. It may be that not all parties offer candidates in both electoral contexts, however. In this event would-be voters for some parties may find themselves ‘frustrated’ by the restricted choice menu on offer in the SMD, being effectively forced to split their vote between different parties. Here we explore the different behaviours of frustrated voters in the 1996 mixed-member election to Italy’s Chamber of Deputies, characterizing these as being either in some sense non-strategic (concerned above all with the relative policy …

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The Law Of International Commercial Arbitration In Singapore, Warren B. Chik Jul 2006

The Law Of International Commercial Arbitration In Singapore, Warren B. Chik

Research Collection Yong Pung How School Of Law

The Singapore dispute resolution landscape entered the new millennium with the reconstruction of the dual carriageway for arbitration. In 2002, the old road to arbitral resolution of disputes ( i.e. , the old Arbitration Act and the old International Arbitration Act ) were reconstructed and what emerged were two updated legislations: the Arbitration Act and the International Arbitration Act . At about the same time, the Singapore International Arbitration Centre (SIAC) also diversified with the introduction of a new set of Domestic Arbitration Rules.

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Contract Law, Chee Ho Tham, Pearlie Koh, Pey Woan Lee Jul 2006

Contract Law, Chee Ho Tham, Pearlie Koh, Pey Woan Lee

Research Collection Yong Pung How School Of Law

No abstract provided.

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The Internationalization Of Singapore's State Enterprise Network In The Context Of Asia's Transborder Industrialization: New Evidence From Indonesia, Vietnam And China, Caroline Yeoh, Victor Sim, Genrong Meng Jun 2006

The Internationalization Of Singapore's State Enterprise Network In The Context Of Asia's Transborder Industrialization: New Evidence From Indonesia, Vietnam And China, Caroline Yeoh, Victor Sim, Genrong Meng

Research Collection Lee Kong Chian School Of Business

State-led, market-driven interventions have been the hallmark of the Singapore `success story’. This paper revisits Singapore’s state-enterprise strategy, in the context of the city-state’s determined efforts at internationalization, and takes a closer look at the portability of this strategy, in the framework of Regionalization21, a series of transborder industrialization experiments in Indonesia, Vietnam and China. These state-engineered projects, orchestrated to encapsulate economic space for Singapore-based firms to expand into the region, remains controversial. This strategic initiative is promulgated on the exportability of Singapore’s state credibility, systemic and operational efficiencies as well as technological competencies, to locations where these attributes are …

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Growth Accounting For A Follower-Economy In A World Of Ideas: The Example Of Singapore, Kong Weng Ho, Hian Teck Hoon Jun 2006

Growth Accounting For A Follower-Economy In A World Of Ideas: The Example Of Singapore, Kong Weng Ho, Hian Teck Hoon

Research Collection School Of Economics

In this paper, we take another approach to accounting for the sources of Singapore’s economic growth by being explicit about the channels through which Singapore, as a technological follower, benefits from international R&D spillovers. Taking into account the channels through which technology developed in the G5 countries diffuses to technological followers, we show that 57.5 percent of Singapore’s real GDP per worker growth rate over the 1970-2002 period is due to multifactor productivity growth. In particular, about 52 percent of the growth is accounted for by an increase in the effectiveness of accessing ideas developed by the technology leaders through …

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A Spatial Analysis Of The Xiii Italian Legislature, Massimiliano Landi, Riccardo Pelizzo Jun 2006

A Spatial Analysis Of The Xiii Italian Legislature, Massimiliano Landi, Riccardo Pelizzo

Research Collection School Of Economics

We present a spatial map of the Italian House of Deputies during the XIII Legislature obtained by applying the Poole and Rosenthal methodology to roll call data. We estimate coordinates for almost all the 650 Deputies that were on the House’s floor at the time, and we aggregate them according to parties. We find that voting patters generate basically a two dimensional political space. The first dimension represents loyalty to either the ruling coalition or the opposing one. The second dimension is represented by the European Union. These findings are consistent with the exceptional case of the party Northern League, …

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Non-Fundamental Expectations And Economic Fluctuations: Evidence From Professional Forecasts, Keen Meng Choy, Kenneth Leong, Anthony S. Tay Jun 2006

Non-Fundamental Expectations And Economic Fluctuations: Evidence From Professional Forecasts, Keen Meng Choy, Kenneth Leong, Anthony S. Tay

Research Collection School Of Economics

It is theoretically possible that non-fundamental idiosyncratic shocks to agents’ rational expectations are a source of economic fluctuations. Studies using data on consumer and investor sentiment suggest that this is indeed an important source of fluctuations. We present the results of a study that uses forecasts from professional forecasters to extract non-fundamental shocks to expectations. In contrast to previous studies, we show that non-fundamental expectations are not a significant source of output fluctuations, although such shocks contributed to inflation.

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Singapore Management University Appoints New Dean For Business School, Singapore Management University Jun 2006

Singapore Management University Appoints New Dean For Business School, Singapore Management University

SMU Press Releases

No abstract provided.

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Asian Market Microstructure, David K. Ding, Charlie Charoenwong Jun 2006

Asian Market Microstructure, David K. Ding, Charlie Charoenwong

Research Collection Lee Kong Chian School Of Business

Along with the rapidly burgeoning Asian economy, the financial markets in the region have seen spectacular development during the past few decades. Several recent statistics will best illustrate their success. Net capital flows to Asia and Pacific over 1999 to 2003 constituted 40% of total flows to emerging markets and about 13.9% of the world's FDI flows. Over 90% of net capital flows to the Asia Pacific region has been in the form of equity and portfolio investment. By the end of 2004, Asia's share (including Japan) in world equity market capitalization has grown to 21%, with a total market …

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Do We Stand On Common Ground? A Threat Appraisal Model For Terror Alerts Issued By The Department Of Homeland Security, Augustine Pang, Jin Yan, Glen T. Cameron Jun 2006

Do We Stand On Common Ground? A Threat Appraisal Model For Terror Alerts Issued By The Department Of Homeland Security, Augustine Pang, Jin Yan, Glen T. Cameron

Research Collection Lee Kong Chian School Of Business

The fabric and faces of threat, and the expediency and efficiency in the communication of threat, are examined with a threat appraisal model. This model is empirically tested on an ongoing communication challenge, the issuance of terror alerts by the United States' Department of Homeland Security (DHS), focusing on how threat is appraised by both the conservative and liberal audiences. Findings showed a shared view by the DHS and conservative audiences on the levels and nature of threats; liberal audiences thought otherwise. Though there appeared to be a consensus between the conservative and liberal audiences on the efficacy of threat …

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