Does capital flow from rich to poor countries? We revisit the Lucas paradox and explore the role of capital account restrictions in shaping capital flows at various stages of economic development. We find that, when accounting for the degree of capital account openness, the prediction of the neoclassical theory is confirmed: less developed countries tend to experience net capital inflows and mo...

The present study examines the association between coping and personality, by testing the hypothesis that dispositional coping mediates the relationship between personality and psychological distress. Canonical correlations evaluated the degree of the association among personality and coping dimensions in a community sample (N = 489) from Cyprus. Results partially support the hypothesized media...

The paper presents an agent-based simulation model of the defence industry. The model resembles some of the key characteristics of the European defence sector, and studies how firms in this market will respond to the challenges and opportunities provided by a higher degree of openness and liberalization in the future. The simulation analysis points out that European defence firms will progressi...

The political participation of immigrants is an important gauge of their integration into thereceiving society more generally, as well as an indicator of the degree of openness of politicalelites towards ethnic minorities. With the restructuring of State intervention and the diffusion ofcivic culture, the role that immigrant associations play in shaping urban social policies has...

This paper examines the effect of trade openness on the productivity of skilled and unskilled labor in a group of 36 developing countries using panel data and fixed effect approach. We have developed and utilized an empirical model that readily lends itself to testing the hypothesis posed. Our results support the hypothesis that trade openness has a positive and significant impact on labor prod...

We characterize Openness/Intellect as motivated cognitive flexibility, or cognitive exploration, and develop a neuropsychological model relating it to dopaminergic function and to the functions of the prefrontal cortex (PFC). Evidence is reviewed for sources of Openness/Intellect shared with Extraversion and sources unique to Openness/Intellect. The hypothesis that the cognitive functions of th...

 Beijing’s industrial structure is service-oriented with a high degree of economic openness, and GDP has maintained rapid growth. This paper analyzes the international financial crisis and the impact of China’s anti-crisis policies on Beijing’s economic development as well as its transmission mechanism. Impact Index (excluding seasonal factors) and ARMA Model are employed in the empirical...

This research-in-progress seeks to understand the effects of crowdsourcing idea generation and selection on new product performance. The extent of crowdsourcing is conceptualized in terms of openness in idea generation and selection; new product performance is measured in terms of product innovativeness and sales growth. Preliminary findings from an analysis of 50 products indicate that idea ge...

The present study demonstrates a novel way of exploring the relationship between personality and social outcomes by examining an understudied intermediate step: situational construal. Construal is assessed in terms of the degree to which one’s description of a situation agrees with others’ descriptions of the same situation (normativity) and the degree to which the description is positively val...

Copy Abstract: The present study demonstrates a novel way of exploring the relationship between personality and social outcomes by examining an understudied intermediate step: situational construal. Construal is assessed in terms of the degree to which one’s description of a situation agrees with others’ descriptions of the same situation (normativity) and the degree to which the description is...