Research Round-up - Mar 10

by Petrichor Sun Mar 10, 2013 10:35 am

Power Gets the Job: Priming Power Improves Interview Outcomes

Joris Lammers et al.
Journal of Experimental Social Psychology, forthcoming

Abstract:
The current research explores whether momentary changes in power can shift professional interview outcomes. Two experiments manipulated power by asking applicants to recall a time they had or lacked power prior to writing a job application letter (Experiment 1) or being interviewed for admission to business schools (Experiment 2). Independent judges, who were unaware of the applicants' experimental condition or even the existence of the power manipulation, significantly preferred the written and face-to-face interview performance of powerful applicants to that of powerless (Experiments 1 and 2) or power-neutral applicants (Experiment 2). In addition, the judges' preference for power-primed applicants was mediated by perceptions of the applicant's persuasiveness. Overall, merely asking participants to remember a personal experience with power dramatically affected the impressions that interviewers had of them. Our findings illustrate power's far-reaching effects and have potentially important implications for understanding the psychology of job interviews.

by Petrichor Sun Mar 10, 2013 10:37 am

Globalization and labor market institutions: International empirical evidence

Niklas Potrafke
Journal of Comparative Economics, forthcoming

Abstract:
A widespread concern is that labor market institutions erode in the course of globalization, which, in turn, decreases employment and wages. By using panel data and cross-sectional data, I investigate the influence of globalization on labor market regulation. I use the indicators of labor market institutions by Gwartney et al. (2012) and the KOF indices of globalization. To deal with potential reverse causality, I employ a system GMM panel estimator and use a constructed trade share as proposed by Frankel and Romer (1999) as an instrumental variable for globalization in cross-sectional models. The results do not show that globalization induced labor market deregulation.

by Petrichor Sun Mar 10, 2013 10:38 am

Do House Prices Impact Business Starts?

Lakshmi Balasubramanyan & Edward Coulson
Journal of Housing Economics, forthcoming

Abstract:
At the national level, business starts and housing prices both fell dramatically over the 2007-2009 period. Using a proprietary database of business starts this paper quantitatively models the interaction between house price and business starts from 2005 to 2009. We identify the impact by exploiting the cross-sectional variation in house price changes during the period. Controlling for observable and unobservable city characteristics, we find the significance of a robust relationship between house prices and business starts depends on the size of the business starts; a robust link exists between house prices and very small business, whereas, no significant robust link is seen for large business starts.

by Petrichor Sun Mar 10, 2013 10:41 am

Is Productivity Growth Too Strong For Our Own Good?

Mark Vitner & Azhar Iqbal
Business Economics, February 2013, Pages 29-41

Abstract:
Productivity growth and improvement in a nation's standard of living are widely thought to go hand in hand. During the past 15 years, however, the gap between productivity growth and growth of living standards has widened, igniting a debate about whether a larger share of the benefits from productivity gains has gone to capital rather than labor. The first phase of our study characterizes U.S. productivity growth for the period 1948-2011. Our statistical analysis found that productivity growth did not follow one particular pattern over time, and we therefore doubt that it would follow one pattern (either a higher or lower growth rate) in the near future. Our analysis concludes that the "productivity resurgence" era of 1996:Q1 to 2011:Q4 is associated with lower growth rates of real per capita income, employment, and consumer confidence relative to productivity. That may validate the "savage cost-cutting" and "polarization" hypotheses. The stable and higher growth rates of corporate profits and the S&P 500 index indicate that capital and higher skilled workers may have gained benefits from productivity growth over time. A simultaneous rise in food stamp recipients and income share of the top 0.01 percent during the post-mid-1990s era suggest that the distribution of the stronger productivity growth gains is asymmetric.

by Petrichor Sun Mar 10, 2013 10:44 am

It's not what you are, it's what you know: Experience, beliefs, and the detection of deception in employment interviews

Marc-André Reinhard, Martin Scharmach & Patrick Müller
Journal of Applied Social Psychology, forthcoming

Abstract:
This study investigated the ability of more or less experienced employment interviewers and laypersons to detect deception in employment interviews. Although correct beliefs about indicators of deception led to higher deception detection accuracy, more experienced employment interviewers did not show more accurate beliefs about indicators of deception and did not perform better at detecting deception than less experienced interviewers and laypersons. Furthermore, more experienced interviewers showed a less-pronounced tendency of judging messages as true irrespective of their actual truthfulness (truth bias) than less experienced interviewers and laypersons. It is suggested that experience in employment interviewing does not automatically lead to higher deception detection abilities in employment interviews, but that correcting people's beliefs about indicators of deception can do so.

by Petrichor Sun Mar 10, 2013 10:47 am

Islamic constitutionalism and rule of law: A constitutional economics perspective

Moamen Gouda
Constitutional Political Economy, March 2013, Pages 57-85

Abstract:
This study investigates the relationship between Islamic constitutionalism and rule of law. Al Azhar, one of the most respected Sunni religious institutions in the world, developed a model of an Islamic constitution. This study uses Al-Azhar's constitution as a model of Islamic constitutionalism and examines its stance in regard to the rule of law. We find the Al-Azhar's constitution to be incompatible with essential concepts of rule of law. For example, the powers vested in the head of the Islamic state are enormous, making the executive branch of government far superior to the legislative and judicial branches. Women and non-Muslims are explicitly discriminated against throughout the constitution. Moreover, laws stemming from this constitution are not stable since many differences exist among schools of Islamic jurisprudence (fiqh). Consequently, we show that state-of-the-art Islamic constitutionalism lacks essential components needed in any constitution based on rule of law.

by Hellsangel Sun Mar 10, 2013 2:15 pm

Oy vey!

by Sponsored content

Research Round-up - Mar 10

Research Round-up - Mar 10

Re: Research Round-up - Mar 10

Re: Research Round-up - Mar 10

Re: Research Round-up - Mar 10

Re: Research Round-up - Mar 10

Re: Research Round-up - Mar 10

Re: Research Round-up - Mar 10

Re: Research Round-up - Mar 10