Miracle-dz/UniFAR-FTUs huggingface dataset:
Is Oil as a Financial Resource Productive?

This paper uses oil resource and total factor productivity as the proxies for the nominal economy and real economy, respectively, to show how oil as a financial resource would impact on economic productivity. We analyze the effect of oil export and oil import on the TFP growth rate in the full sample covering 132 countries from 1970 to 2014. Both system-GMM and nonparametric empirical results show that the oil resource has a significant negative influence on productivity growth in long-run. The empirical findings show that a 1% increase in oil export would result in 1.18% decrease in the TFP growth rate and a 1% increase in oil importing would lead to 2.91% reduction in TFP growth. After an oil price shock, the TFP growth rate declined in the resource-poor countries. Similar findings are arrived when the globe economy in divided into three groups of countries (oil exporting only, oil importing only, and countries performed both export and import of oil). The results support the argument that oil-rich countries failed to use their abundant oil resource for long-run economic growth.
Day is the Morning? The Effects of Diurnal Variations and Interaction Modes in Online P2P Lending

Online peer-to-peer (P2P) lending has empowered individual lenders to make investment decisions anytime and anywhere. However, there is scant research effort on exploring the time of day effect and further time-ITs relationship in the crowdfunding literature. Drawing on ego depletion theory, this study proposes a novel theoretical framework of diurnal variations on lenders’ investment decisions. We collect and analyze the data from a large online P2P lending platform in China. Based on multiple estimation models and identification strategies, we find robust evidence that lenders bid the largest amount of money in the morning, the moderate amount in the afternoon, and the smallest amount in the evening. Moreover, they bid most quickly in the afternoon, moderately in the morning, and most slowly in the evening. Furthermore, the diurnal variations in terms of bidding amount and bidding speed become more prominent in touch-based interaction, compared with mouse-based interaction. Our empirical findings contribute to extant investment decision making research in the crowdfunding literature and the time-ITs relationship discourse in the IS research, and offer critical managerial implications to marketing strategies of loan listings for platform managers.
Messungen zur Bestimmung des Säuretaupunktes und der SO3-Konzentration im Rauchgas von Kraftwerkskesseln

Using an acid dewpoint measuring system which has now been available on the market for some time it is possible to measure the acid dewpoint reliably and continuously in flue gas from coal-fired combustion, with low SO 3 concentrations. This measuring system has also been used for flue gas from which the dust and sulphur have been removed as well as for untreated flue gas of conventional combustion systems
Cross-Selling: Offering the Right Product to the Right Customer at the Right Time

Cross-selling is an old and valuable technique used by salespeople to increase order size and to transform single-product buyers into multi-product ones. More recently, cross-selling has evolved into a strategy for customer relationship management. This article starts with a discussion of the benefits and pitfalls of cross-selling as a strategy for customer development within the context of CRM, oriented towards increasing the firm’s share of the customer wallet, broadening the scope of the relationship with the customer, and increasing customer retention. This discussion is followed by a review of some of the analytical tools for identifying prospects for cross-selling, and by a discussion of technological and organizational requirements for the successful implementation of cross-selling.
Clinical Relevance of a 16-Gene Pharmacogenetic Panel Test for Medication Management in a Cohort of 135 Patients

There is a growing number of evidence-based indications for pharmacogenetic (PGx) testing. We aimed to evaluate clinical relevance of a 16-gene panel test for PGx-guided pharmacotherapy. In an observational cohort study, we included subjects tested with a PGx panel for variants of ABCB1, COMT, CYP1A2, CYP2B6, CYP3A4, CYP3A5, CYP2C9, CYP2C19, CYP2D6, CYP4F2, DPYD, OPRM1, POR, SLCO1B1, TPMT and VKORC1. PGx-guided pharmacotherapy management was supported by the PGx expert system SONOGEN XP. The primary study outcome was PGx-based changes and recommendations regarding current and potential future medication. PGx-testing was triggered by specific drug–gene pairs in 102 subjects, and by screening in 33. Based on PharmGKB expert guidelines we identified at least one “actionable” variant in all 135 (100%) tested patients. Drugs that triggered PGx-testing were clopidogrel in 60, tamoxifen in 15, polypsychopharmacotherapy in 9, opioids in 7, and other in 11 patients. Among those, PGx variants resulted in clinical recommendations to change PGx-triggering drugs in 33 (32.4%), and other current pharmacotherapy in 23 (22.5%). Additional costs of panel vs. single gene tests are moderate, and the efficiency of PGx panel testing challenges traditional cost-benefit calculations for single drug–gene pairs. However, PGx-guided pharmacotherapy requires specialized expert consultations with interdisciplinary collaborations.
Commtrust: A Multi-Dimensional Trust Model for E-Commerce Applications

E-Commerce applications use reputation-based trust models based on the feedback comments and ratings gathered. The “all better Reputation” problem for the sellers has become very huge because a buyer facing problem to choose truthful sellers. This paper proposes a new model “CommTrust” to valuate trust by mining feedback comments that uses buyer comments to calculate reputation scores using multidimensional trust model. An algorithm is proposed to mine feedback comments for dimension weights, ratings, which combine methods of topic modeling, natural language processing and opinion mining. This model has been experimenting with the dataset which includes various user level feedback comments that are obtained on various products. It also finds various multi-dimensional features and their ratings using Gibbs-sampling that generates various categories for feedback and assigns trust score for each dimension under each product level.
Pandemic in the Network Society. the Comparative Analysis of COVID-19 Spreading Features in Europe and Latin America.

The article examines a set of factors that determine the impact of network communication and network connections on the likelihood of contracting a new coronavirus in European and Latin American countries. The author presents several data sets to prove several suggestions:1) the generalized indicators of economic development and society's globalization are not indicators of how vulnerable a country's population may be in a pandemic;2) not the economy as such, but the conventional way of life of people, their daily behavior, and habits have a decisive influence on disease spread, 3) such factors of protection and health promotion as the habit of exercise, distance, and network communications use modern online services to become protective factors against the risk of infection only at a certain level of development of the country;4) in developed countries, a much broader set of factors than developing countries determine protection against disease risk;5) the evolution of a networked society opens up significant opportunities for developing countries, improved quality of life, and the emergence of new traditions. The results of the data analysis carried out by the author indicate the direction of further research.
Bank Behavior with Access to Credit Risk Transfer Markets

One of the most important recent innovations in financial markets has been the development of credit derivative products that allow banks to more actively manage their credit portfolios than ever before.We analyse the effect that access to these markets has had on the lending behaviour of a sample of banks, using a sample of banks that have not accessed these markets as a control group.We find that banks that adopt advanced credit risk management techniques (proxied by the issuance of at least one collateralized loan obligation) experience a permanent increase in their target loan levels of around 50%. Partial adjustment to this target, however, means that the impact on actual loan levels is spread over several years.Our findings confirm the general efficiency-enhancing implications of new risk management techniques in a world with frictions suggested in the theoretical literature. Keywords: credit derivatives, bank loans, moral hazard JEL classification numbers: G20, G21, G28 (This abstract was borrowed from another version of this item.)
A Formulation, Optimization and Evaluation of Controlled ReleasedAlginate Beads Loaded-Flurbiprofen

While flurbiprofen (FLB) may cause local gastrointestinal problems such as sensation of warming or burning in mouth and stomach, it is recommended to be limited its therapeutic uses or use it as a modified-release preparation for only once daily-use using Calcium-alginate (Ca-alginate) beads. Ca-alginate beads were prepared by dropping sodiumalginate solution containing FLB into calcium chloride solution. The prepared Ca-alginate beads loaded-FLB were characterized by optical-microscope at different positions. The weight and swelling percent of the beads were measured for freshly and dried prepared beads. The release of the formed beads was studied in different releasing medias. Finally, after optimizing all conditions the formed beads were used to reduce the paw edema as an anti-inflammatory dosage form. The release of FLB from the formed beads in a phosphate buffer (0.2 M, pH 7.4) was slow and complete due to the FLB solubility at this pH. Kinetic analysis of the release-profile of FLB from the formed beads was obeyed the diffusion mechanism. The post carrageenan injection showed reduction of swelling in groups treated with Ca-alginate beads loaded-FLB with longer duration compared with the free FLB. The results showed that a simple and evaluated method for preparation of a modified-release Ca-alginate beads loaded-FLB for release for controlling of FLB with therapeutic purposes.
Reversing the Placebo: Performance-Branded Experiences Can Undermine Consumer Performance

Products bearing premium brand labels are known to increase perceptions of efficacy and improve objective consumer performance relative to lesser-branded equivalents, in what is traditionally described as a marketing placebo effect. In this paper, we suggest that experiences bearing these highly-regarded brand labels can lead to a reverse effect, such that consumer performance actually declines with their use. Our findings demonstrate across domains of improving mental acuity, learning a new language, and developing financial analysis skills that completing performance-branded training experiences impairs objective performance in related tasks, relative to lower-performance branded or unbranded counterparts. We posit that branded training experiences can evoke a brand-as-master relationship in which consumers take on a subservient role relative to the brand. As a consequence, higher-performance brands may impose greater demands upon consumers, increasing performance-anxiety and interfering with an individual’s ability to perform effectively. These results document an important ramification of applying branding to learning experiences and identify contexts in which traditionally positive marketing actions can backfire for consumers.
The Competitive Advantages of Doctoral Learners Obtaining Degrees in Educational Administration: An Exploration of Knowledge, Marketability, and Comparative Advantage in the International Marketplace Review Article

Competitive advantage is often used to create an interlink between marketing and strategy that adds value to customers, however, doctoral learners are an integral component of creating such value-added competitiveness for universities and organizations. This paper will discuss or review the literature on competitive advantages of doctoral learners obtaining degrees in educational administration; the intent is to provide an exploration of knowledge, marketability and comparative advantage in the international marketplace. A firm’s competitive advantage is associated with characteristics of rareness, value-added, and performance driven as a competitive advantage is related to rareness performance (Newbert, 2008). Knowledge management from doctoral learners is important in obtaining a strategic advantage. An extensive literature review of 61 articles was conducted using Cooper’s Taxonomy (1998) guidelines for analyzing and synthesizing literature (Cooper, 1988). Cooper’s outlines involved five stages (1) formulating the problem, (2) collecting data, (3) evaluating data appropriateness, (4) analyzing and interpreting relevant data, and (5) organizing and presenting the results. This scoping historical literature review explores the competitive advantages of doctoral learners obtaining degrees in educational administration.
Financial Literacy and SMEs’ Potential Entrepreneurs: The Case of Malaysia

Malaysia, like many other countries, is depending on Small and Medium Enterprises (SMEs) activities in generating national income, creating job opportunities and tapping local and overseas market. As such country like Malaysia is putting a great effort to nurture entrepreneurs to become SME players by providing infrastructure, financial assistance, skills, training and conducive ecosystem for entrepreneurial development. One of the important aspects to address is the ability of the entrepreneurs to manage financial matters effectively. The ability, so called financial literacy, is important for the survival of the enterprise, as acknowledged by many. Practitioners and researchers have proved the significance of financial literacy in determining the success and failure of enterprise management, particularly among young entrepreneurs. As such it is important to understand and investigate the level of financial literacy among entrepreneurs. This paper is presenting a case to investigate the level of financial literacy among the participants of an entrepreneur development program, organised by a State in Malaysia, through a special program entrusted to an implementing agency. The objective of the program is to nurture potential entrepreneurs to develop the development corridor gazetted by the Federal Government in the State. Since the success of this program is critical to the overall objective of the gazetted development corridor this paper intends to investigate the level of financial literacy among the participants, as the main objective of the case. Accordingly, the next objective is to enlighten the importance of enhancing financial literacy so as to provide input to the policy makers and implementing agencies in relevant projects. By employing quantitative approach through questionnaire survey and interview, this paper found that the level of financial literacy among SMEs’ players, particularly those selected to be nurtured as new entrepreneurs is still alarming (Chamwada, 2015). As such this paper advocates the importance of education in financial management among selected participants of entrepreneurial development program as well as formulating a sound monitoring system as part of a good ecosystem in nurturing entrepreneurs to become SME players. Finally the finding of this paper offers an insight evidence to strengthen financial literacy theory, therefore, this paper makes some suggestion regarding the potential coverage of a more comprehensive future study.
Effect of Self-Sacrificial Leadership on Organizational Creativity, Efficiency, Counter productivity, and Citizenship Behavior in Pakistan: The Role of Organizational Social Capital

Self-sacrifice involves forgoing self-interest and taking on personal costs for the benefit of Others. Leader self-sacrifice communicates the leader’s commitment to the collective and therefore helps elicit positive leadership perceptions. We argue that this would enhance the character of social relationships within an organization, the resource known as Organizational social capital (OSC). Drawing on the social exchange theory, we further argue that self-sacrificial leadership through OSC results in positive outcomes in terms of creativity, efficiency, and Organizational Citizenship Behavior (OCB), whereas curbs Counter productivity behavior. Hence, we proposed a theoretical framework modifying Mostafa &amp; Bottomley (2020) model and combining it with the theory of (Fikret S¨ozbilir,2017) to include other outcomes like Organizational Efficiency (OE) and Organizational Creativity (OC), besides OCB, and Counter productivity behavior (CPB). Empirical validity was established by conducting a survey using a close-ended questionnaire. Data was collected from 300 employees and analyzed using confirmatory factor analysis and structured equation modeling. The results suggested that self-sacrificial leadership (SSL) has a direct and positive impact on Organizational Efficiency, creativity, and on the contrary, Counter productivity behavior. It also positively impacts organizational social capital, OSC, in turn, has a positive impact on creativity OCB, and efficiency, whereas a significant negative effect on Counter productivity behavior. Hence, OSC seems to have a positive meditation effect on the relationship of SSL on Creativity, efficiency, and OCB. At the same time, it negatively mediates SSL and CPB nexus. Overall, the findings suggest that self-sacrificial leaders are more likely to achieve desirable employee behaviors by improving the quality of social relationships among employees.
Learning With People Like Me: The Role of Age-Similar Peers on Online Business Course Engagement

Over the past decade, online learning has witnessed tremendous growth in popularity due to its ability to reach diverse participants in a scalable manner. However, one primary area of concern is the low course completion rates in digital platform-based learning, compared to face-to-face counterparts. Given that most education tends to be organized by age, we ask: how does the degree of age-similarity among cohort peers affect course engagement and persistence? Using a unique dataset of 17,000 working professionals enrolled in business skills training courses offered by an elite U.S. business school over a three year period, we show that age similarity has a positive effect on individual course completion: an individual’s likelihood of course completion increases by 3% for every 10 same-age cohort peers. Given that the average cohort size is 220 people, this suggests that a small threshold of same-age peers can have a substantial impact on course engagement and persistence. To examine mechanisms, we turn to participants’ motivations for taking the course, and find that similar-age peers are more likely to affiliate with one another because they share a common motivation for taking the course. Our results suggest that there is an implicit trade-off between social engagement and diversity of perspectives in online courses, and that the organization and structure of online courses ought to balance both objectives.
An Examination of Target Date Fund Glidepath Construction

The paper examines Target Date Fund glidepath construction as well as asset allocation strategies. We consider characteristics, features, and assumptions in solving the multi-period portfolio selection problem. This paper discusses the theoretical underpinnings of deterministic, adaptive, and stochastic models as well as some interesting alternative strategies. Furthermore, we also propose research topics for future consideration that the author believes may improve upon the existent model frameworks.
Home Bias and Expected Returns: A Structural Approach

We study the effect of the home bias on international asset pricing by extending the core-satellite approach of active asset allocation to an equilibrium analysis. In this framework, investors combine a common core portfolio with an active investment in their home asset. In equilibrium, the core portfolio will deviate from the global market portfolio in characteristic ways, which we exploit to propose a new test of the home premium in expected returns. Unlike previous findings, our evidence suggests that the premium is almost negligible even though the home bias is substantial. This result is mainly driven by the generally high correlation of index returns and the distribution of the relative level of the home bias across countries.
We Cannot Disagree Forever! Reality Polarization and Citizens’ Post-Pandemic Fiscal Adjustment Preferences

Recent studies have found considerable partisan polarization of both reality and policy preferences in the US. Furthermore, this polarization is so entrenched that it is immune to the provision of factual information. Has the COVID-19 pandemic, which a↵ects citizens unequally, reproduced or disrupted these polarization patterns? To answer this question, we conducted a US-wide conjoint survey experiment with embedded information treatments. We focus on citizens’ fiscal adjustment preferences given the (anticipated) lasting fiscal COVID-19 legacy. We find that both reality perceptions regarding the pandemic and policy preferences over post-COVID-19 fiscal adjustment are polarized along familiar partisan lines, but map less well onto traditional socio- economic cleavages. However, we find that the partisan policy polarization largely disappears when citizens are exposed to information on predicted COVID-19 deaths and income losses. This de-polarizing e↵ect is due to synchronous movement by both Democrats and Republicans, which bridges the policy gap between them. Importantly, such information has the additional reset e↵ect of shifting fiscal policy preferences towards a greater reliance on wealth and corporate taxes. We find further evidence that a US-wide consensus over a post-pandemic fiscal policy ’New Deal’ is feasible and potentially lasting.
When it Rains, it Pours: Multifactor Asset Management in Good and Bad Times

We examine the profitability of multifactor portfolios on the U.S. stock market. Using passive sector investing as the benchmark, we assess the performances of factor-based asset management strategies in good and bad times. When short selling is unrestricted, factor investing outperforms sector investing in all respects. For long-only portfolios, our results reveal a trade-off between the risk premia associated with factors and the diversification potential of sectors. Multifactor investing tends to be more profitable than the benchmark during good times but less attractive during bad times, when diversification is needed the most.
Symbolic Management in Emerging Markets: The Case of Board Diversity

Governments around the world have prioritized efforts to promote gender equity in the workplace, including at the very apex of the organization - the board. One tool that has been increasingly used by policymakers are gender quotas in boards. We examine how a governance practice, originally enacted in Norway, was adopted in 2013 in the emerging market country of India. This emerging market context allows us to turn our institutional lens to gender (and human capital) rebalancing efforts on the board, and to shed light on systemic gender bias. We investigate the most critical issue associated with these quotas - do they produce substantive change or is change merely symbolic? To do so, we investigate which women were appointed through such quotas and how they contributed to governance in these formerly all-male boards. In doing so, we divert the conversation on symbolic management towards a new institutional context, where buffering processes and decoupling efforts are little understood. We close by proposing solutions to the underlying gender bias which is so ingrained in most emerging markets. In the process, we divert the attention of the gender quotas literature from its focus on performance, to more fundamental questions critical to change makers.