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Magister Commercii - MCom / A possible effect of quantitative easing (QE) undertaken by the United States of America (USA) Federal Reserve Bank (Fed) may have been an increase in capital flowing into emerging market economies (EMEs). The 2008 global financial crisis created an environment in which traditional monetary policies – cutting policy rates – became ineffective in stimulating growth. Faced with this policy environment, several high-income countries including the USA resorted to unconventional monetary policies notably QE, to grow their economies. While QE was effective in lowering interest rates in high-income countries, some argued that investors switched to higher yielding assets, mostly EME assets. Therefore, QE is perceived to have increased capital flows into EMEs. Using a dynamic panel data model with fixed effects this mini-thesis investigates empirically whether QE worked through unobservable channels to increase gross private capital inflows to Brazil, Russia, India, China and South Africa (BRICS) in the period 2000-2015. The study finds evidence in support of the view that QE increased capital inflows to EMEs. The results reveal that gross private capital inflows to the BRICS increased during the QE intervention period and that the increase was higher in the first period of QE than in subsequent QE periods. The empirical results also reveal differences in the way types of capital flows responded to QE; portfolio flows, and in particular equity flows were the most responsive to QE.

<p><p>The reason to return is a phenomenon which tells us that many people want to travel back to a destination they visited before. Even if there are changes in the society with the New tourist who seeks for the authentic, this essay is proving that there still is a dominance of repeat tourism and search for belonging and safety. That implication shows evidence that there still are remaining from old tourism about security with the destination and so on. Further, investigation tells us about the returning tourists, their driving forces and push-factors that create a will for tourists to return. Is it a question of how loyal tourists are to the destination, attitudes and/or tradition when planning the trip? We have made a survey that covers why tourists travel and what impacts are created during their decisions. Also included are the questions about the will of return and the reasons why. Having children proved to be a crucial part of the decision making process, where parents chose destinations out of the children-oriented places. Returning to a destination, on the other hand, is a product of safety-seeking together with a positive experience and beautiful surroundings, all weaved up to raison d'être - just to be.</p></p>

The reason to return is a phenomenon which tells us that many people want to travel back to a destination they visited before. Even if there are changes in the society with the New tourist who seeks for the authentic, this essay is proving that there still is a dominance of repeat tourism and search for belonging and safety. That implication shows evidence that there still are remaining from old tourism about security with the destination and so on. Further, investigation tells us about the returning tourists, their driving forces and push-factors that create a will for tourists to return. Is it a question of how loyal tourists are to the destination, attitudes and/or tradition when planning the trip? We have made a survey that covers why tourists travel and what impacts are created during their decisions. Also included are the questions about the will of return and the reasons why. Having children proved to be a crucial part of the decision making process, where parents chose destinations out of the children-oriented places. Returning to a destination, on the other hand, is a product of safety-seeking together with a positive experience and beautiful surroundings, all weaved up to raison d'être - just to be.

Researchers consistently conclude that finances and health are the two most significant factors associated with retirement decision-making and a successful retirement experience. Retirement planning is one mechanism by which individuals prepare for the retirement transition; however, retirement planning routinely emphasizes financial concerns, often to the exclusion of health or other significant aspects of retirement. Retirement planning is an increasingly relevant topic at a time when the population is aging, company-sponsored pensions and retiree benefits have diminished significantly, and reform is being sought for the long-standing social programs that have provided support for generations of older Americans. From a financial perspective, few would question the positive benefits associated with retirement planning; however, preparing for a healthy retirement is equally important. If a relationship between retirement planning and health status were to be established, Americans might find increased public and private support for individual retirement planning efforts, particularly among more vulnerable populations such as minorities and women. This dissertation explores the notion that engagement in retirement planning is associated with health status through three studies. Utilizing data from the Health and Retirement Study (HRS), the first article explores prevalence of plans for retirement among worker and retiree respondents, and compares health and other key characteristics associated with planning among the two sub-samples. The second and third articles focus on time order relationships between health status and retirement planning, with article two addressing the question of whether onset of poor health precedes planning for retirement and article three examining health status of planners versus non-planners, over time, to determine whether those who engage in retirement planning are more likely to realize better health outcomes. A brief review of th e health, retirement, and retirement planning literature provides the theoretical framework for these research questions and related hypotheses.This dissertation consists of five chapters. Chapter 1 is an introduction to the retirement planning and health literature, Chapters 2-4 describe the series of three studies conducted, and Chapter 5 discusses the overall conclusions as well as future directions for research.

Magister Economicae - MEcon / A possible effect of quantitative easing (QE) undertaken by the United States of America (USA) Federal Reserve Bank (Fed) may have been an increase in capital flowing into emerging market economies (EMEs). The 2008 global financial crisis created an environment in which traditional monetary policies – cutting policy rates – became ineffective in stimulating growth. Faced with this policy environment, several high-income countries including the USA resorted to unconventional monetary policies notably QE, to grow their economies. While QE was effective in lowering interest rates in high-income countries, some argued that investors switched to higher yielding assets, mostly EME assets. Therefore, QE is perceived to have increased capital flows into EMEs. Using a dynamic panel data model with fixed effects this mini-thesis investigates empirically whether QE worked through unobservable channels to increase gross private capital inflows to Brazil, Russia, India, China and South Africa (BRICS) in the period 2000-2015. The study finds evidence in support of the view that QE increased capital inflows to EMEs. The results reveal that gross private capital inflows to the BRICS increased during the QE intervention period and that the increase was higher in the first period of QE than in subsequent QE periods. The empirical results also reveal differences in the way types of capital flows responded to QE; portfolio flows, and in particular equity flows were the most responsive to QE. / 2018-12-14

Syfte och forskningsfråga: Syftet med studien är att undersöka varför kinesiska studenter väljer att studera på universitetsnivå i Sverige. Med detta syfte i åtanke formulerades följande forskningsfrågor: Vilka faktorer spelar in i kinesiska studenters beslut att studera utomlands? Vilka faktorer spelar in i kinesiska studenters jämförelse av olika studiedestinationer? Hur spelar dessa faktorer in vid beslutet att studera i Sverige? Metod: Metodvalet för denna uppsats är av kvalitativ karaktär och forskningsansatsen är deduktiv. Den empiriska datan bygger på åtta semistrukturerade intervjuer med kinesiska studenter som valt studera i Sverige under minst sex månader. Empiri till uppsatsens förstudie består av tre semistrukturerade samtal med personal från Linnéuniversitetet, som har en relevant koppling till det valda ämnet. Slutsats: Kinesiska studenter påverkas starkt av rekommendationer och råd från alumner med erfarenhet av att studera i Sverige. Studien ger indikationer på att råd och rekommendationer från sociala länkar med egna erfarenheter har en stark inverkan på beslutet vid köp av en högengagemangstjänst i en kultur med en hög grad av Hofstedes kulturella dimensioner: kollektivism och osäkerhetsundvikande. / Purpose and research question: The aim of the thesis is to examine why Chinese students choose Sweden as a destination for studies abroad. With the above stated purpose in mind, the research questions are as follow: What factors influence Chinese students’ decision- making of studying abroad? What factors influence Chinese students comparison between different study destinations? How do these factors affect the decision to study in Sweden? Method: The study is based in a qualitative research method. The empirical data is collected through a pilot study with three semi-structured interviews with staff from Linnaeus University and a study with eight semi- structured interviews with Chinese students that currently are studying in Sweden or have studied in Sweden. Conclusion: Chinese students are highly affected by recommendations from alumni with experience from studying in Sweden. The result of the study indicate the importance of advice and recommendations from social links with similar experiences in the decision making when buying a high-involvement service in a culuture with a high degree of Hofstedeés cultural dimensions: collectivism and uncertainty avoidance.

A preliminary literature review indicated that not much research has been done on self-initiated expatriation (SIE), particularly in a South African context. The purpose of this study is twofold: Firstly, by reviewing previous research, this study aims to make a valuable contribution to the literature on SIE, particularly regarding the motivations behind SIE. Secondly, this study aims to explore and develop a deeper understanding of the push and pull factors experienced by South African self-initiated expatriates (SASIEs). An empirical, exploratory qualitative approach, through the utilisation of qualitative field research, was employed as a means of inquiry. Furthermore, interpretivism was used as a research paradigm. Purposive sampling was applied, and the sample used consisted of nine individual South African self-initiated expatriates who had been working in their host countries for a minimum of six months. Data were obtained through in-depth semi-structured interviews. By implication only a few research questions were generated to guide the interview; however, participants were not limited to certain responses. This allowed for rich data to be obtained that were systematically analysed using grounded theory analysis to steer the process in a practical manner through the transcription of data and the rigorous extraction of codes towards the results that could best answer the original set of research questions. Criteria for rigour, authenticity, trustworthiness and credibility were applied and demonstrated throughout. The conceptual framework of the study was kept in mind during the research, the themes that emerged were explored, and the findings that were reached were substantiated through an extensive literature review. The conclusion was reached that South African self-initiated expatriates experienced certain push factors from the home country (South Africa), and that there were equally strong or stronger pull factors to the host country. All these factors contributed to the participants’ decision to expatriate. Interestingly, there seemed to be no real push factors from the host country; these were rather perceived as challenges that had to be endured. Furthermore it seemed that, as far as the sample group in this study were concerned, South Africa did not offer strong pull factors, and that, if the participants were to repatriate to South Africa, it would be for sentimental reasons. This could hold some implications for South African organisations especially in terms of retaining skilled labour or attract the skilled labour who has already expatriated. Recommendations and opportunities regarding future research were also mentioned. / Dissertation (MCom)--University of Pretoria, 2013. / gm2014 / Human Resource Management / unrestricted

High teacher turnover has become a serious problem globally, in many international schools, and is a growing concern in segments of the East Asia Regional Council of Schools (EARCOS). This persistent problem has a detrimental effect on student learning and upsets the culture of school communities. Herzberg's motivation-hygiene theory served as the framework for this qualitative case study research that examined the perceptions of EARCOS international overseas-hire teachers, to determine their beliefs regarding high teacher turnover in international schools. These questions gave direction to this study: What factors do international teachers in EARCOS member schools believe contribute to high teacher turnover in international schools? What do international teachers in EARCOS member schools believe is the result of high teacher turnover in international schools? What steps do international teachers in EARCOS member schools believe should be taken to reduce high turnover in international schools? Purposeful homogenous sampling was used to identify 8 focus group interview participants from the entire pre-K-12 international overseas-hire teacher population from the 149 EARCOS member schools. Coded data were examined, analyzed, and categorized into themes related to Herzberg's motivation-hygiene theory. Member checking, peer debriefing, and external auditing were used to add validity to the research study. The analysis of the data and findings revealed that lack of effective mentorship, lack of administrative leadership support, and ineffective systems are the major contributors to international teacher turnover in international schools. A white paper was developed and constructed from the themes that emerged from this study and presented to EARCOS member school administrators, to potentially use to address the issue of increasing international overseas-hire teacher turnover rates in international schools. This acquired knowledge could lead to positive social change that can influence the practices, structural procedures, and policies of EARCOS and other international school systems related to teacher turnover.

This study aims to analyse women’s self-employment in five regions of Europe, namely Northern Europe, Eastern Europe, Southern Europe, North-West Europe and Western Europe in two years, 2002 and 2016. To assess the factors affecting women’s self-employment in Europe we base our analysis on push and pull theory and as far as the quantitative part is concerned we estimate a probit model. Our research questions are the following: What socio-economic factors influence women to enter self-employment in the five regions of Europe? How are these factors related to the push and pull theory? Is there a trend of convergence over time in the five European regions studied? The main findings are that being women decreases the probability to become self-employed in the five European regions, except in the Northern part of Europe. The result suggests that women more often than men are pushed into self-employment as they have to balance work with family. Being young (18-35) also decreases the probability of being self-employed compared to middle age individual (36-50) in the year 2002 and 2016. Individuals with low and medium-skill level have a lower probability of being self-employed in comparison to the individual with high skill. Regarding the research questions, this study found that variable age (18-36), age (51-65), married, children, medium education, high education, low skill and high skill are factors that influence women in their decision to become self-employed. Observing the change over time of self-employment, we found that the probability increases being selfemployed in Southern Europe whereas it decreases in Northern Europe.