Investor Sentiment and Employment

__Abstract__ We find that investor sentiment should affect a firm's employment policy in a world with moral hazard and noise traders. Consistent with the model's predictions, we show that higher sentiment among US investors leads to: (1) higher employment growth worldwide; (2) lower labor productivity, as the growth in employment is not matched by real value added growth; and (3) positive wage growth in countries with a greater proportion of high-skill labor, but negative wage growth otherwise. We also find evidence that sentiment induces greater labor instability during financial crises, which sheds new light on the view that financial development has a "dark side". Overall, the results suggest that sentiment has real effects, especially in countries that attract more foreign direct investments from the US and that are perceived as more popular among US investors

Identity Expression Through Collective Action:How Identification With a Politicized Group and Its Identity Contents Differently Motivated Identity-Expressive Collective Action in the US 2016 Presidential Elections

Although political action often requires activists to express who they are and what they stand for, little is known about the motivators of such identity expression. This research investigates how group identity content and identification with this content predict identity-expressive collective action in the U.S. 2016 presidential elections. We recruited a longitudinal community sample of U.S. party supporters (N = 426) mid-October (T1), beginning November (T2), and mid-November (T3). Participants listed words they associated with party campaigners, and self-reported their identification with this identity content and the politicized group. Supporting H1, politicized group identification longitudinally predicted increased frequency of collective action more strongly than did identification with specific identity content. Supporting H2, identification with specific identity content longitudinally predicted increased desires to express that content through collective action more strongly than politicized group identification. Implications for our understanding of identity expression and identity content in collective action are discussed

Affective Polarization and Political Belief Systems: The Role of Political Identity and the Content and Structure of Political Beliefs

The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: This work is financially supported by the NORFACE Joint Research Programme on Democratic Governance in a Turbulent Age and co-funded by NWO, ESRC, AEI, NSC, FWO, and the European Commission through Horizon 2020 under grant agreement number 822166.We investigate the extent that political identity, political belief content (i.e., attitude stances), and political belief system structure (i.e., relations among attitudes) differences are associated with affective polarization (i.e., viewing ingroup partisans positively and outgroup partisans negatively) in two multinational, cross-sectional studies (Study 1 N = 4,152, Study 2 N = 29,994). First, we found a large, positive association between political identity and group liking-participants liked their ingroup substantially more than their outgroup. Second, political belief system content and structure had opposite associations with group liking: Sharing similar belief system content with an outgroup was associated with more outgroup liking, but similarity with the ingroup was associated with less ingroup liking. The opposite pattern was found for political belief system structure. Thus, affective polarization was greatest when belief system content similarity was low and structure similarity was high.NORFACE Joint Research Programme on Democratic Governance in a Turbulent AgeNetherlands Organization for Scientific Research (NWO)UK Research & Innovation (UKRI) Economic & Social Research Council (ESRC)AEIMinistry of Science and Technology, TaiwanFWOEuropean Commission Horizon 2020: 82216

Bewuste middelenkeuze komkommer : raadpleeg de milieu-effectenkaarten

Voor het bestrijden van ziekten en plagen kan een komkommerteler kiezen uit verschillende mogelijkheden zoals: biologische bestrijding, chemische bestrijding of een combinatie hiervan. Welke gewasbeschermingsmiddelen zijn er beschikbaar en toegelaten? En waar moet een teler op letten bij het maken van een keuze uit die middelen? Voor verschillende gewassen zijn milieu-effectenkaarten opgesteld. Deze geven informatie over de beschikbare middelen, effect op natuurlijke vijanden, resistentie, herbetreding, veiligheidstermijn en milieubelasting

Expected issuance fees and market liquidity

We examine the interaction between the primary and secondary markets for euro area sovereign bonds. Primary dealers compete to be selected as lead manager in the primary market, and have an incentive to increase liquidity. For our 2008–2012 sample of sovereign bonds from 11 euro area countries, we find that expected issuance fees are positively and economically related to market liquidity. The fee-driven liquidity effect is especially strong for countries with high funding needs, in periods of high re-financing uncertainty, and for low-risk bonds

Economic Threats, Political and National Identification Predict Affective Polarization:Longitudinal Evidence From Spain

Economic threats, along with political identities and ideologies, are associated with affective polarization. However, there is still a need to learn more about the consequences of different economic threats and identities fueling polarization. We take a longitudinal perspective in testing the influence of these phenomena on affective polarization. Specifically, we tested the effect of subjective personal and collective economic threats and political, national, regional, and European identities on affective polarization towards politicians and partisans in Spain. We use four waves of the E-DEM panel study from Spain (N = 2,501) collected between 2018 and 2019. We conducted longitudinal multilevel analyses to determine the growth in affective polarization and included predictors at the between- and within-person levels. Consistent with our hypotheses, we found that collective economic threats, such as perceiving more unfairness in the distribution of wealth and being dissatisfied with the Spanish economy, positively predict affective polarization. Contrary to our expectations, personal economic threats did not predict affective polarization. Furthermore, political and national identities positively predicted affective polarization towards politicians and partisans. Interestingly, exploratory analyses suggested that the associations between economic threats, identities, and affective polarization are moderated by political ideology. We discuss how economic threats and identities may exacerbate animosities toward political actors.</p

The association between threat and politics simultaneously depends on the type of threat, the political domain, and the country

Theories link threat with right-wing political beliefs. We use the World Values Survey (60,378 participants) to explore how six types of threat (e.g., economic, violence, and surveillance) are associated with multiple political beliefs (e.g., cultural, economic, and ideological identification) in 56 countries/territories. Multilevel models with individuals nested in countries revealed that the threat-political belief association depends on the type of threat, the type of political beliefs, and the country. Economic-related threats tended to be associated with more left-wing economic political beliefs and violence-related threats tended to be associated with more cultural right-wing beliefs, but there were exceptions to this pattern. Additional analyses revealed that the associations between threat and political beliefs were different across countries. However, our analyses identified few country characteristics that could account for these cross-country differences. Our findings revealed that political beliefs and perceptions of threat are linked, but that the relationship is not simple. Keywords: Ideology, Belief Systems, Threat, Cultur

Achieving harmony among different social identities within the self-concept:The consequences of having a group-based philosophy of life

It can be hard for individuals to manage multiple group identities within their self-concept (e.g., being a Christian and a woman). We examine how the inter-identity fit between potentially conflicting identities can become more harmonious through a self-defining group philosophy for life. Specifically, we test the hypothesis that holistic group identities (based in group philosophies for life that prescribe the behavior of their members in any situation, such as religion) become more strongly related to other identities in the self-concept (e.g., gender) when they are strongly self-defining (i.e., devotedly applied to daily life). In three studies we investigated the inter-identity fit between individuals' (highly holistic) religious identity and (less holistic) gender identity. Results provided converging support for our hypothesis across diverging methods (explicit questionnaires, more implicit associations, and a novel network analysis of group traits). We discuss the importance of understanding how some (i.e., holistic and self-defining) group identities may harmonize otherwise less harmonious group identities within one's self-concept

"Het Nieuwe Telen" Paprika

In het Nieuwe Telen Paprika met drie schermen en gecontroleerde ventilatie is geteeld met een energie inzet voor warmte van 22.2 m3/m2 en is 30.6 kg/m2 gele paprika’s geoogst. Netto verkocht is er 30 kg/m2 waarvan 26.5 kg/m2 klasse I. De energiebesparing ten opzichte van twee excursie groepen was over het hele jaar steeds ca 0.3 m3/(m2.week). Vooral in de zomer is dit opmerkelij

Ontwikkeling emissiemanagementsysteem grondgebonden teelt; de lysimeter en drainmeter

Het hoofddoel van het project ‘Glastuinbouw Waterproof, grondgebonden’ was het ontwikkelen van een aantal middelen voor telers van grondgebonden teelten, waarmee zij emissiedoelstellingen kunnen halen. De leidende gedachte hierbij is dat een gesloten waterkringloop zoals toegepast bij substraatteelten onhaalbaar is. Emissiereductie zal vooral via het waterspoor behaald moeten worden en daarom is een brongerichte aanpak, de irrigatie afgestemd op de evapotranspiratie, het meest effectief. Het project omvatte in de eerste plaats het ontwikkelen en combineren van een aantal technische hulpmiddelen en in de tweede plaats het installeren en testen in de praktijk. In dit rapport worden de lysimeter en de bijbehorende drainmeter besproken