Differential Impact (differential + impact)

Distribution by Scientific Domains


Selected Abstracts


An Examination of the Differential Impact of Regulation FD on Analysts' Forecast Accuracy

FINANCIAL REVIEW, Issue 1 2006
Scott Findlay
G14; G18; G24; G38 Abstract Regulation fair disclosure (FD) requires companies to publicly disseminate information, effectively preventing the selective pre-earnings announcement guidance to analysts common in the past. We investigate the effects of Regulation FD's reducing information disparity across analysts on their forecast accuracy. Proxies for private information, including brokerage size and analyst company-specific experience, lose their explanatory power for analysts' relative accuracy after Regulation FD. Analyst forecast accuracy declines overall, but analysts that are relatively less accurate (more accurate) before Regulation FD improve (deteriorate) after implementation. Our findings are consistent with selective guidance partially explaining variation in the forecasting accuracy of analysts before Regulation FD. [source]


Binge Pattern Ethanol Exposure in Adolescent and Adult Rats: Differential Impact on Subsequent Responsiveness to Ethanol

ALCOHOLISM, Issue 8 2000
Aaron M. White
Background: Recent evidence indicates that adolescent animals are more sensitive than adults to the disruptive effects of acute ethanol exposure on spatial learning. It is not yet known whether adolescent animals are also more sensitive than adults to the enduring neurobehavioral effects of repeated ethanol exposure. In this study, animals were exposed to ethanol in a binge-pattern during either adolescence or adulthood. At a time when all subjects were adults, spatial working memory was examined in the absence and presence of an acute ethanol challenge. Methods: Rats were exposed to ethanol (5.0 g/kg intraperitoneally) or isovolumetric saline at 48 hr intervals over 20 days. Exposure began on either postnatal day 30 (adolescent group) or 70 (adult group). Twenty days after the final injection, a time at which all animals were adults, the subjects were tested on an elevated plus maze and then were trained to perform a spatial working memory task on an eight-arm radial maze. At the beginning of each session of training on the working memory task, subjects retrieved food rewards on four of the eight arms. After a delay, subjects were placed on the maze and allowed to retrieve food from the remaining four arms. Results: Prior exposure to ethanol did not influence behavior on the plus maze. Performance of the groups did not differ during acquisition of the spatial working memory task with a 5 min delay or during subsequent testing with a 1 hr delay. However, animals treated with ethanol during adolescence exhibited larger working memory impairments during an ethanol challenge (1.5 g/kg intraperitoneally) than subjects in the other three groups. Conclusions: The findings indicate that binge pattern exposure to ethanol during adolescence enhances responsiveness to the memory-impairing effects of ethanol in adulthood. [source]


Differential impact of state tobacco control policies among race and ethnic groups

ADDICTION, Issue 2007
John A. Tauras
ABSTRACT Aims This paper describes patterns of racial and ethnic cigarette use in the United States and discusses changes in state-level tobacco control policies. Moreover, this paper reviews the existing econometric literature on racial and ethnic smoking and discusses the limitations of that research. Finally, this paper outlines an agenda for future research. Methods Patterns of racial and ethnic smoking and changes in state-level tobacco control policies in the United States were obtained from a variety of sources, including surveys and government and private documents and databases. After an extensive literature search was completed, the existing research was scrutinized and recommendations for much-needed future research were put forth. Findings Despite the fact that certain racial and ethnic minorities bear a disproportionate share of the overall health burden of tobacco, less than a handful of econometric studies have examined the effects of state-level public policies on racial and ethnic smoking. The existing literature finds Hispanics and African Americans to be more responsive to changes in cigarette prices than whites. Only one study examined other state-level tobacco policies. The findings from that study implied that adolescent white male smoking was responsive to changes in smoke-free air laws, while adolescent black smoking was responsive to changes in youth access laws. Conclusions While much has been learned from prior econometric studies on racial and ethnic smoking in the United States, the existing literature suffers from numerous limitations that should be addressed in future research. Additional research that focuses on races and ethnicities other than white, black and Hispanic is warranted. Furthermore, future studies should use more recent data, hold sentiment toward tobacco constant and control for a comprehensive set of tobacco policies that take into account not only the presence of the laws, but also the level of restrictiveness of each policy. [source]


Differential impact of brain damage on the access mode to memory representations: an information theoretic approach

EUROPEAN JOURNAL OF NEUROSCIENCE, Issue 10 2007
Rosapia Lauro-Grotto
Abstract Different access modes to information stored in long-term memory can lead to different distributions of errors in classification tasks. We have designed a famous faces memory classification task that allows for the extraction of a measure of metric content, an index of the relevance of semantic cues for classification performance. High levels of metric content are indicative of a relatively preferred semantic access mode, while low levels, and similar correct performance, suggest a preferential episodic access mode. Compared with normal controls, the metric content index was increased in patients with Alzheimer's disease (AD), decreased in patients with herpes simplex encephalitis, and unvaried in patients with insult in the prefrontal cortex. Moreover, the metric content index was found to correlate with a measure of the severity of dementia in patients with AD, and to track the progression of the disease. These results underline the role of the medial-temporal lobes and of the temporal cortex, respectively, for the episodic and semantic routes to memory retrieval. Moreover, they confirm the reliability of information theoretic measures for characterizing the structure of the surviving memory representations in memory-impaired patient populations. [source]


Differential impacts of habitat heterogeneity on male and female connectivity in a spatially structured pest system

AUSTRAL ECOLOGY, Issue 1 2009
G. S. HAMILTON
Abstract In a previous study, a model of landscape heterogeneity was developed and applied to a spatially structured wild rabbit (Oryctolagus cuniculus) population. That study showed clearly the influence of resource heterogeneity on connectivity levels. The simulation study was based on female movements and used population genetic validation data appropriate for a female study. Most models assume that males and females will exhibit similar patterns, although this has rarely been tested. In the current study we extend the analysis to consider differences between female and male connectivity in the same spatially structured pest system. Amplified fragment length polymorphism (AFLP) markers were screened on the same samples used previously for mtDNA analysis. The mtDNA data were used to validate female results, and AFLP data were used to validate combined male and female results. Connectivity patterns from the two simulations (female, and combined male and female) connectivity patterns showed no association. However, each was concordant with appropriate validation data, showing highly significant associations between pairwise population connectivity and the genetic data. A relative connectivity metric for the combined simulation was regressed against the mean of pairwise ,ST values, with almost 70% of the variation explained by a linear model. Demonstrating differential effects of habitat heterogeneity on male and female connectivity provides further evidence that spatial resource heterogeneity impacts on connectivity. Understanding differences in population connectivity will allow improved predictions of disease spread, local extinctions and recolonizations. Furthermore, modelling such differences in pest systems will allow management plans to be better targeted, for example by strategically introducing diseases for control purposes into populations which exhibit high male connectivity to aid spread, but low female connectivity to inhibit recolonization potential after control. [source]


Loop Diuretics Can Cause Clinical Natriuretic Failure: A Prescription for Volume Expansion

CONGESTIVE HEART FAILURE, Issue 1 2009
Syed S. Ali MD
Ultrafiltration enhances volume removal and weight reduction vs diuretics. However, their differential impact on total body sodium, potassium, and magnesium has not been described. Fifteen patients with congestion despite diuretic therapy had urine electrolytes measured after a diuretic dose. Ultrafiltration was initiated and ultrafiltrate electrolytes were measured. The urine sodium after diuretics (60±47 mmol/L) was less than in the ultrafiltrate (134±8.0 mmol/L) (P=.000025). The urine potassium level after diuretics (41±23 mmol/L) was greater than in the ultrafiltrate (3.7±0.6 mmol/L) (P=.000017). The urine magnesium level after diuretics (5.2±3.1 mg/dL) was greater than in the ultrafiltrate (2.9±0.7 mg/dL) (P=.017). In acute decompensated heart failure patients with congestion despite diuretic therapy, diuretics are poor natriuretics and cause significant potassium and magnesium loss. Ultrafiltration extracts more sodium while sparing potassium and magnesium. The sustained clinical benefits of ultrafiltration compared with diuretics may be partly related to their disparate effects on total body sodium, potassium, and magnesium, in addition to their differential efficacy of volume removal. [source]


Early predictors of antisocial developmental pathways among boys and girls

ACTA PSYCHIATRICA SCANDINAVICA, Issue 1 2010
M. Pitzer
Objective:, We investigated in a high-risk sample the differential impact of biological and psychosocial risk factors on antisocial behaviour pathways. Method:, One hundred and thirty-eight boys and 155 girls born at differing degrees of obstetric and psychosocial risk were examined from birth until adolescence. Childhood temperament was assessed by a highly-structured parent-interview and standardized behavioural observations, adolescent temperament was measured by self-report. Neurodevelopmental variables were assessed by age-specific developmental tests. Emotional and behaviour problems were measured at the ages of 8 and 15 by the Achenbach scales. Results:, In both genders, psychosocial adversity and early self-control temperament were strongly associated with early-onset persistent (EOP) antisocial behaviour. Psychosocial adversity and more severe externalizing problems differentiated the EOP from childhood-limited (CL) pathway. In girls, adolescent-onset (AO) antisocial behaviour was strongly associated with novelty seeking at 15 years. Conclusion:, Our findings emphasize the need for early support and intervention in psychosocially disadvantaged families. [source]


European industry: the emerging market competitiveness challenge

ECONOMIC OUTLOOK, Issue 3 2006
Article first published online: 24 AUG 200
As the global economy has become increasingly open to 'free' trade, European industry - and, indeed, industry across the developed world - has found itself faced with growing competition from low cost, emerging market countries. How is it facing up to this stiff challenge? Newspaper headlines may suggest that effort has been focused on raising trade barriers to keep competition at bay. However, such actions are a thin veneer over the very real, structural changes that are rapidly taking place. This article, by Grant Colquhoun, examines the changing structure of the EU15's trading patterns and the differential impact across manufacturing sectors. It then analyses the steps industry is taking to cope with the competitiveness challenge. As well as attempting to squeeze costs, it is clear that industry in Europe is restructuring in order to focus on higher value added activities, where it typically has a competitive advantage over emerging markets. [source]


Cross-country experiences and policy implications from the global financial crisis

ECONOMIC POLICY, Issue 62 2010
Stijn Claessens
Summary The financial crisis of 2007--2008 is rooted in a number of factors, some common to previous financial crises, others new. Analysis of post-crisis macroeconomic and financial sector performance for 58 advanced countries and emerging markets shows a differential impact of old and new factors. Factors common to other crises, like asset price bubbles and current account deficits, help to explain cross-country differences in the severity of real economic impacts. New factors, such as increased financial integration and dependence on wholesale funding, help to account for the amplification and global spread of the financial crisis. Our findings point to vulnerabilities to be monitored and areas of needed national and international reforms to reduce risk of future crises and cross-border spillovers. They also reinforce a (sad) state of knowledge: much of how crises start and spread remains unknown. --- Stijn Claessens, Giovanni Dell'Ariccia, Deniz Igan and Luc Laeven [source]


Opioids intrinsically inhibit the genesis of mouse cerebellar granule neuron precursors in vitro: differential impact of , and , receptor activation on proliferation and neurite elongation

EUROPEAN JOURNAL OF NEUROSCIENCE, Issue 4 2000
Kurt F. Hauser
Abstract Although opioids are known to affect neurogenesis in vivo, it is uncertain the extent to which opioids directly or indirectly affect the proliferation, differentiation or death of neuronal precursors. To address these questions, the intrinsic role of the opioid system in neurogenesis was systematically explored in cerebellar external granular layer (EGL) neuronal precursors isolated from postnatal mice and maintained in vitro. Isolated neuronal precursors expressed proenkephalin-derived peptides, as well as specific , and ,, but negligible ,, opioid receptors. The developmental effects of opioids were highly selective. Morphine-induced , receptor activation inhibited DNA synthesis, while a preferential ,2 -receptor agonist ([d -Ala2]-deltorphin II) or Met-enkephalin, but not the ,1 agonist [d -Pen2, d -Pen5]-enkephalin, inhibited differentiation within the same neuronal population. If similar patterns occur in the developing cerebellum, spatiotemporal differences in endogenous , and , opioid ligand,receptor interactions may coordinate distinct aspects of granule neuron maturation. The data additionally suggest that perinatal exposure to opiate drugs of abuse directly interfere with cerebellar maturation by disrupting normal opioid signalling and inhibiting the proliferation of granule neuron precursors. [source]


Intersections: The Simultaneity of Race, Gender and Class in Organization Studies

GENDER, WORK & ORGANISATION, Issue 3 2010
Evangelina Holvino
This article argues for a reconceptualization of the intersections of race, gender and class as simultaneous processes of identity, institutional and social practice in order to redress the lack of attention to these intersections in feminist organization studies. Grounding my argument on a brief critique of white liberal feminism from the perspective of women of colour, I examine other feminist frameworks beyond the dominant liberal paradigm and identify their possible contributions to the study of intersections in organization theory and practice. Specifically, I propose theoretical and methodological interventions for researching and practicing more forcefully and intentionally the simultaneity of race, gender and class in organizations, including researching and publicizing the hidden stories at the intersections of race, ethnicity, gender, class, nation and sexuality; identifying, untangling and changing the differential impact of everyday practices in organizations and identifying and linking internal organizational processes with external societal processes. I conclude with some reflections on the possible implications of these proposals for each of us, scholars and practitioners of gender and organization. [source]


Determinants of performance in advanced undergraduate management accounting: An empirical investigation

ACCOUNTING & FINANCE, Issue 1 2002
L. G. Drennan
This exploratory study empirically investigates the performance of students in advanced management accounting. Findings are that English language as the first or subsequent language has no differential impact on introductory level performance. However, at advanced levels and in other subjects requiring the application of concepts to unfamiliar situations, students whose first language was English outperformed others. Similarly, students who had studied prerequisite subjects at the same university outperformed their exempted colleagues (both overseas and local) in advanced management accounting. These findings indicate that the difference due to language differences may not actually be due to language, but rather that language may simply be proxying for something else such as a different learning style. [source]


Tourists' information search: the differential impact of risk and uncertainty avoidance

INTERNATIONAL JOURNAL OF TOURISM RESEARCH, Issue 4 2010
Vanessa Ann Quintal
Abstract While studies in and out of tourism contexts have explored risk and/or uncertainty avoidance's impact on information search, few have clarified whether the two constructs impact differentially on information search. To examine this issue, data were collected from large online panels in Australia, China and Japan. The risk and uncertainty avoidance scales were reliable, had convergent and discriminant validity and were invariant across the three country samples. As expected, uncertainty avoidance was positively related to the extent of information search in all three country samples, whereas risk avoidance was not. This suggests that the constructs are distinct and may impact at different stages of decision-making. Copyright © 2009 John Wiley & Sons, Ltd. [source]


Information technology and transformations in social security policy and administration: A review

INTERNATIONAL SOCIAL SECURITY REVIEW, Issue 4 2001
Paul Henman
In this paper we analyse the interactive relationship between technology, administration and policy in social security. Focusing on new and emerging information and computing technologies, we show how they have been shaped and adopted by social security institutions in different countries, and explore their differential impact on recipients and staff, on organizational structures, and on policy and practice. We conclude that similar technologies have been adopted in a variety of ways to address different economic, social, political and organizational objectives and that, although these differences are becoming more blurred, different patterns have been associated with different welfare state regimes. [source]


Ambivalent Sexism and Misogynistic Rap Music: Does Exposure to Eminem Increase Sexism?,

JOURNAL OF APPLIED SOCIAL PSYCHOLOGY, Issue 12 2007
Michael D. Cobb
We evaluate the oft-repeated but typically untested claim that rap music encourages sexism. We randomly assigned participants to 1 of 3 conditions: no music, misogynistic rap music, and nonmisogynistic rap music. The first study (treated as a pilot; N = 232) weakly demonstrated the differential impact of exposure on male and female participants, but our measures of sexism were unreliable. We then conducted a second study (N = 175) employing well-validated (and more subtle) measures taken from the Ambivalent Sexism Inventory (ASI). While we replicated the weak differential impact of participants' sex, we also find that sexism increased after listening to nonmisogynistic rap music, especially among males. Implications for the debate about labeling and censoring rap music are discussed. [source]


Sex allocation in black-capped chickadees Poecile atricapilla

JOURNAL OF AVIAN BIOLOGY, Issue 2 2003
Scott M. Ramsay
Optimal sex allocation for individuals can be predicted from a number of different hypotheses. Fisherian models of sex allocation predict equal investment in males and females up to the end of parental care and predict brood compositions based on the relative costs of producing males and females. The Trivers-Willard hypothesis predicts that individual females should alter the sex ratio of their broods based on their own condition if it has a differential impact on the lifetime reproductive success of their sons and daughters. The Charnov model of sex allocation predicts that females should alter sex allocation based on paternal attributes that may differentially benefit sons versus daughters. Because females are the heterogametic sex in birds, many recent studies have focussed on primary sex ratio biases. In black-capped chickadees Poecile atricapilla, males are larger than females suggesting they may be more costly to raise than females. Female condition affects competitive ability in contests for mates, and thus may be related to variance in fecundity. Females prefer high-ranking males as both social and extrapair partners. These observations suggest that females might vary the sex ratio of their broods based on the predictions of any of the above models. Here, we report on the results of PCR based sex determination of 1093 nestlings in 175 broods sampled from 1992 to 2001. Population-wide, we found a mean brood sex ratio of 0.525±0.016, with no significant deviation from a predicted binomial distribution. We found no effect of clutch size, female condition, hatch date, parental rank or paternity. Our results reject the idea that female black-capped chickadees systematically vary sex allocation in their broods. [source]


Differential sensitivity to apoptosis between the human small and large intestinal mucosae: Linkage with segment-specific regulation of Bcl-2 homologs and involvement of signaling pathways,

JOURNAL OF CELLULAR BIOCHEMISTRY, Issue 2 2001
Rémy Gauthier
Abstract The small and large intestines differ in their expression profiles of Bcl-2 homologs. Intestinal segment-specific Bcl-2 homolog expression profiles are acquired as early as by mid-gestation (18,20 weeks) in man. In the present study, we examined the question whether such distinctions underlie segment-specific control mechanisms of intestinal cell survival. Using mid-gestation human jejunum and colon organotypic cultures, we analyzed the impact of growth factors (namely insulin; 10 ,g/ml) and pharmacological compounds that inhibit signal transduction molecules/pathways (namely tyrosine kinases, Fak, PI3-K/Akt, and MEK/Erk) on cell survival and Bcl-2 homolog expression (anti-apoptotic: Bcl-2, Bcl-XL, Mcl-1; pro-apoptotic: Bax, Bak, Bad). The relative activation levels of p125Fak, p42Erk-2, and p57Akt were analyzed as well. Herein, we report that (1) the inhibition of signal transduction molecules/pathways revealed striking differences in their impact on cell survival in the jejunum and colon (e.g., the inhibition of p125Fak induced apoptosis with a significantly greater extent in the jejunum [,43%] than in the colon [,24%]); (2) sharp distinctions between the two segments were noted in the modulatory effects of the various treatments on Bcl-2 homolog steady-state levels (e.g., inhibition of tyrosine kinase activities in the jejunum down-regulated all anti-apoptotics analyzed while increasing Bax, whereas the same treatment in the colon down-regulated Bcl-XL only and increased all pro-apoptotics); and (3) in addition to their differential impact on cell survival and Bcl-2 homolog expression, the MEK/Erk and PI3-K/Akt pathways were found to be distinctively regulated in the jejunum and colon mucosae (e.g., insulin in the jejunum increased p42Erk-2 activation without affecting that of p57Akt, whereas the sa e treatment in the colon decreased p42Erk-2 activation while increasing that of p57Akt). Altogether, these data show that intestinal cell survival is characterized by segment-specific susceptibilities to apoptosis, which are in turn linked with segmental distinctions in the involvement of signaling pathways and the regulation of Bcl-2 homolog steady-state levels. Therefore, these indicate that cell survival is subject to segment-specific control mechanisms along the proximal-distal axis of the intestine. J. Cell. Biochem. 82: 339,355, 2001. © 2001 Wiley-Liss, Inc. [source]


The Evolution of the Digital Divide: How Gaps in Internet Access May Impact Electronic Commerce

JOURNAL OF COMPUTER-MEDIATED COMMUNICATION, Issue 3 2000
Donna L. Hoffman
Enthusiasm for the anticipated social dividends of the Internet appears boundless. Indeed, the Internet is expected to do no less than virtually transform society. Yet even as the Internet races ambitiously toward critical mass, some social scientists are beginning to examine carefully the policy implications of current demographic patterns of Internet access and usage. Key demographic variables like income and education drive the policy questions surrounding the Internet because they are the most likely have a differential impact on the consequences of interactive electronic media for different segments in our society. Given these concerns, we set out to conduct a systematic investigation of the differences between whites and African Americans in the United States with respect to computer access, the primary current prerequisite for Internet access, and Web use. We wished to examine whether observed race differences in access and use can be accounted for by differences in income and education, how access influences use, and when race matters in the calculus of equal access. The particular emphasis of this research is on how such differences may be changing over time. We believe our results may be used as a window through which policymakers might view the job of ensuring access to the Internet for the next generation. [source]


Extending the brand image on new products: the facilitative effect of happy mood states

JOURNAL OF CONSUMER BEHAVIOUR, Issue 1 2007
Rainer Greifeneder
Investigates the influence of mood and brand favorability on the evaluation of brand extensions. It is argued that affective states have an impact on the likelihood that the evaluation of a new product is based on the implications of the brand rather than on the implications of the features of the new product. Specifically, participants reported more positive evaluations of a new product when it was introduced by a positive rather than a negative brand , and this differential impact of category information was more pronounced for participants in a positive compared to a neutral or a negative mood. Copyright © 2007 John Wiley & Sons, Ltd. [source]


Executions, Deterrence, and Homicide: A Tale of Two Cities

JOURNAL OF EMPIRICAL LEGAL STUDIES, Issue 1 2010
Franklin E. Zimring
We compare homicide rates in two quite similar cities with vastly different execution risks. Singapore had an execution rate close to one per million per year until an explosive 20-fold increase in 1994,1995 and 1996 to a level that we show was probably the highest in the world. Then, over the next 11 years, Singapore executions dropped by about 95 percent. Hong Kong, by contrast, had no executions at all during the last generation and abolished capital punishment in 1993. Homicide levels and trends are remarkably similar in these two cities over the 35 years after 1973, with neither the surge in Singapore executions nor the more recent steep drop producing any differential impact. By comparing two closely matched places with huge contrasts in actual execution but no differences in homicide trends, we have generated a unique test of the exuberant claims of deterrence that have been produced over the past decade in the United States. [source]


Beef safety shocks and dynamics of vertical price adjustment: The case of BSE discovery in the U.S. beef sector

AGRIBUSINESS : AN INTERNATIONAL JOURNAL, Issue 3 2007
Sayed H. Saghaian
This article addresses the dynamic impact of the 2003 Bovine Spongiform Encephalopathy discovery on the U.S. beef sector. Time series analysis and historical decomposition with weekly feedlot, wholesale, and retail beef price series is used to address the dynamics of price adjustment and causality along the U.S. beef marketing channel. The results show price transmission is bidirectional, determined through interaction between the different stages, and price adjustment is asymmetric with respect to both speed and magnitude. The results reveal a differential impact of the exogenous shock on producers and retailers, which leads to widening of price margins and points to imperfect price transmission, specifically at the retail level, with consequences for the efficiency and equity of the marketing channel. [EconLit citations: Q11, Q13]. © 2007 Wiley Periodicals, Inc. Agribusiness 23: 333,348, 2007. [source]


Partner Choice and the Differential Retreat From Marriage

JOURNAL OF MARRIAGE AND FAMILY, Issue 1 2006
Robert Schoen
The contemporary retreat from marriage in the United States has had a differential impact across socioeconomic and racial groups. Here, 1990 marriage rates and propensities for Virginia, North Carolina, and Wisconsin are analyzed regarding (a) the likelihood that persons in different groups ever marry and (b) patterns of partner choice with respect to race and educational level. Marriage remains strong in most race-education groups but is substantially lower among Blacks and among those with less than 12 years of education. Patterns of partner choice have shifted to show greater symmetry between the educational levels of brides and grooms. Changes have been modest with regard to the level and pattern of interracial (Black-White) marriage. Marriage is increasingly a union of equals, but a union chosen more by Whites than by Blacks and more by the well educated than by the poorly educated. [source]


Moody's and S&P Ratings: Are They Equivalent?

JOURNAL OF MONEY, CREDIT AND BANKING, Issue 7 2010
Conservative Ratings, Split Rated Bond Yields
bond ratings; bond yields; reputation capital We examine the relative impact of Moody's and S&P ratings on bond yields and find that at issuance, yields on split rated bonds with superior Moody's ratings are about 8 basis points lower than yields on split rated bonds with superior S&P ratings. This suggests that investors differentiate between the two ratings and assign more weight to the ratings from Moody's, the more conservative rating agency. Moody's becomes more conservative after 1998 and the impact of a superior Moody's rating becomes stronger. Furthermore, the differential impact of the two ratings is more pronounced for the more opaque Rule 144A issues. [source]


Impact of a Social Skills Intervention on the Hostile Attributions of Children With Prenatal Alcohol Exposure

ALCOHOLISM, Issue 2 2010
Vivien Keil
Background:, Prenatal alcohol exposure (PAE) has been linked to a wide array of developmental deficits, including significant impairments in social skills. Given the extensive body of evidence linking social information-processing patterns with social behavior, it is possible that social information-processing may represent one mechanism of behavioral change. The present investigation sought to answer the question of whether a well-established social skills intervention decreased the hostile attributions of children with PAE. Further, was there a differential impact of the intervention on hostile attributions in the context of peer provocation versus group entry scenarios? Methods:, Participants consisted of 100 children (51% male) with PAE between the ages of 6 and 12 years. Participants were randomly assigned to either a social skills intervention, Children's Friendship Training (CFT), or to a Delayed Treatment Control (DTC) condition. Results:, Analyses indicated that the social skills intervention resulted in a significantly lower proportion of hostile attributions in peer group entry, but not peer provocation, scenarios. This decrease was maintained over a 3-month follow-up period. Conclusions:, Deficits in social information-processing among individuals with PAE can be improved through social skills intervention, and these changes may lead to more positive developmental outcomes. [source]


Barriers to Innovation among Spanish Manufacturing SMEs

JOURNAL OF SMALL BUSINESS MANAGEMENT, Issue 4 2009
Antonia Madrid-Guijarro
Innovation is widely recognized as a key factor in the competitiveness of nations and firms. Small firms that do not embrace innovation within their core business strategy run the risk of becoming uncompetitive because of obsolete products and processes. Innovative firms are a perquisite for a dynamic and competitive economy. This paper reports on the results of a study that examined barriers to firm innovation among a sample of 294 managers of small and medium-sized enterprises (SMEs) in Spain. The study examined the relation between (1) product, process, and management innovation and (2) 15 obstacles to innovation, which can limit a firm's ability to remain competitive and profitable. Findings of the study show that barriers have a differential impact on the various types of innovation; product, process, and management innovation are affected differently by the different barriers. The most significant barriers are associated with costs, whereas the least significant are associated with manager/employee resistance. Additionally, the results demonstrate that the costs associated with innovation have proportionately greater impact on small than on larger firms. The findings can be used in the development of public policy aimed at supporting and encouraging the innovation among SMEs in Spain. Government policies that encourage and support innovation among all firms, especially small firms, can help countries remain competitive in a global market. Public policy that encourages innovation can enable firms to remain competitive and survive, both of which have direct implications for employment and a country's economic viability. The results may also be insightful for managers who are attempting to encourage innovation. Understanding barriers can assist managers in fostering an innovative culture by supporting new ideas or by avoiding an attitude that creates resistance to new ideas. [source]


Computerized Task-Based Exposure, Explicitness, Type of Feedback, and Spanish L2 Development

MODERN LANGUAGE JOURNAL, Issue 2 2004
Elena M. Rosa
This study examined whether exposure to second/foreign language (L2) data under different computerized task conditions had a differential impact on learners' ability to recognize and produce the target structure immediately after exposure to the input and over time. Learners' L2 development was assessed through recognition and controlled-production tests containing old and new exemplars of the target structure. Adult learners of Spanish were exposed to past conditional sentences under 1 of 6 conditions premised on different degrees of explicitness. The degree of explicitness was manipulated by combining 3 features: (a) a pretask providing explicit grammatical information, (b) feedback concurrent to input processing, and (c) variation in the nature (i.e., implicit or explicit) of the feedback in those cases in which it was provided. The advantages of processing input under explicit conditions were evident (a) in production more than in recognition and (b) in new exemplars more than in old exemplars. [source]


Microsatellite analysis reveals strong but differential impact of a social parasite on its two host species

MOLECULAR ECOLOGY, Issue 3 2006
BIRGIT FISCHER-BLASS
Abstract The speed and the dynamics of the co-evolutionary process strongly depend on the relative strengths of reciprocal selection pressures exerted by the interacting species. Here, we investigate the influence of an obligate social parasite, the slave-making ant Harpagoxenus sublaevis, on populations of the two main host species Leptothorax acervorum and Leptothorax muscorum from a German ant community. A combination of genetic and demographic data allowed us to analyse the consequences of raiding pressure on the hosts' life history and possible host preferences of the parasite. We can demonstrate that slave raids during which the social parasite pillages brood from neighbouring host colonies are both frequent and extremely destructive for both host species. Microsatellite analysis showed that, on average, a single slave-maker colony conducts more than three raids per year and that host colonies mostly perish in the aftermath of these parasite attacks. Only in few cases, surviving nests of previously raided host colonies were found in the surroundings of slave-maker colonies. As a consequence of the high prevalence of parasites and their recurrent and devastating slave raids on host colonies, the life expectancy of host colonies was severely reduced. Combining our results on host-specific parasitic colony founding and raiding frequencies with the post-raid survival rate, we can demonstrate an overall higher mortality rate for the smaller host species L. muscorum. This might be caused by a preference of H. sublaevis for this secondary host species as demographic data on host species usage indicate. [source]


Patient and caregiver quality of life in Huntington's disease

MOVEMENT DISORDERS, Issue 5 2008
Rebecca E. Ready PhD
Abstract Little is known about subjective perceptions of quality of life (QOL) in Huntington's disease (HD). The current study determined correlates of patient and caregiver QOL and assessed change over time. Participants were 22 patient-caregiver dyads, who rated QOL at baseline and 6 months later. Overall, patients' functional and cognitive impairment were significantly correlated with patient and caregiver QOL. Neuropsychiatric symptoms had differential impact on patient and caregiver QOL. Furthermore, when patients recalled their QOL about a previous time, their recall may have been negatively biased. Clinical implications of results are discussed. Future work is needed because subjective QOL is an important outcome measure in therapeutic trials. © 2008 Movement Disorder Society [source]


Human capital spillovers, productivity and regional convergence in Spain

PAPERS IN REGIONAL SCIENCE, Issue 2 2010
Raul Ramos
Regional convergence; productivity; human capital composition; geographical spillovers Abstract This paper analyses the differential impact of human capital, in terms of different levels of schooling, on regional productivity and convergence. The potential existence of geographical spillovers of human capital is also considered by applying spatial panel data techniques. The empirical analysis of Spanish provinces between 1980 and 2007 confirms the positive impact of human capital on regional productivity and convergence, but reveals no evidence of any positive geographical spillovers of human capital. In fact, in some specifications the spatial lag presented by tertiary studies has a negative effect on the variables under consideration. Abstract Este artículo analiza el impacto diferencial del capital humano, en términos de niveles diferentes de escolaridad, sobre la productividad regional y la convergencia. Se tiene en cuenta también la existencia potencial de spillovers geográficos de capital humano, mediante la aplicación de técnicas de datos de panel espaciales. El análisis empírico de las provincias españolas entre 1980 y 2007 confirma el impacto positivo del capital humano en la productividad regional y la convergencia, pero muestra una falta de pruebas de la existencia de cualquier tipo de spillover geográfico de capital humano. De hecho, el intervalo espacial que presentan los estudios de tercer grado tiene en ciertas especificaciones un efecto negativo en las variables consideradas. [source]


Classification of renal disease status using estimated glomerular filtration rates in diabetes

PRACTICAL DIABETES INTERNATIONAL (INCORPORATING CARDIABETES), Issue 8 2007
How do the Cockcroft's & Gault's, the Modification of Diet in Renal Disease (MDRD) study equations compare?
Abstract The need for the incorporation of estimated glomerular filtration rates (eGFR) in diabetes renal risk assessment is increasingly recognised but the choice of equation to use is not clear. We evaluated the differential impact of eGFR, using the Cockcroft's & Gault's (C&G) and the Modification of Diet in Renal Disease (MDRD) study equations, on the prevalence of various stages of chronic renal disease in our diabetes population. A cross sectional evaluation was conducted amongst 4548 individuals who attended our centre over an 18-month period. SPSS was utilised for statistical analysis. Of 4171 with complete data, the prevalence of individuals with eGFR >90, 90,60, 60,30 and <30ml/min/1.73m2 were 25%, 46%, 27% and 2% respectively using the C&G equation and 9%, 62%, 27% and 2% respectively using the MDRD equation. The two equations were fully concordant in their classification of eGFR rank in 65%; in 20% of the cohort, the equations were discordant but not at an arbitrary eGFR threshold of 60ml/min/1.73m2; while in 15% of the population the two equations were discordant even at the threshold of 60ml/min/1.73m2, the majority of whom had normal values of serum creatinine and urine albumin:creatinine ratio. In conclusion, the prevalence of various stages of chronic renal disease in our diabetes cohort differed depending on the eGFR equation used, potentially impacting on service provision. To aid clarity and uniformity of practice, there is a need for organisations to decide on a single equation of choice before recommending it to routine diabetes care providers. Copyright © 2007 John Wiley & Sons. [source]