O objetivo desse trabalho é analisar a influência que fundamentos internos e fatores externos exercem sobre a taxa de juros nominal dos títulos soberanos de longo prazo nos países emergentes. A base de dados engloba 13 países ao longo de 33 trimestres entre 2006 e 2014. A metodologia utilizada aborda as técnicas econométricas mais recentes para tratar dados macroeconômicos. O modelo estimado é o Pooled Mean Group desenvolvido por Pesaran, Shin e Smith (1999). O modelo consegue separar as variáveis que afetam o nível de equilíbrio da taxa de juros das que exercem efeito apenas no curto prazo. Na melhor especificação apresentada, os resultados indicam que as variáveis que causam flutuações de curto prazo na taxa de juros dos países emergentes são a taxa de juros livre de risco (+0,3), a taxa de curto prazo (+0,4) e o déficit do governo americano (+0,1). Já as variáveis que afetam o nível de equilíbrio são a taxa de juros livre de risco (+0,5), a aversão ao risco dos investidores (+0,1), o saldo em conta corrente (-0,3), a inflação (+0,1), a abertura econômica (-0,04) e a dívida bruta (efeito positivo não linear). Por fim, ao analisar exclusivamente o caso brasileiro, nosso modelo indica que se o país tivesse mantido os fundamentos internos em linha com a média dos outros emergentes desde o final de 2006, o Brasil iria chegar ao final de 2014 com uma taxa de juros nominal de longo prazo de 6,1%, 6 p.p. abaixo do valor efetivamente observado que foi de 12,1%. / The aim of this study is to analyze the influence that internal fundamentals and external factors have on long-term sovereign bond yields in emerging markets. The database covers 13 countries over 33 quarters between 2006 and 2014. The methodology addresses the latest techniques to deal with macro panels, such as panel unit root and panel cointegration tests. The estimated model is the Pooled Mean Group developed by Pesaran, Shin e Smith (1999). This model can separate the variables that affect the interest rate equilibrium from the ones that only have an effect in the short-run. In the best specification presented, the results indicates that in the short-run the variables that affects the interest rates in emerging markets are the risk free interest rate (+0.3), the short term interest rate (+0.4) and the American government deficit (+0.1). The variables that affects the equilibrium level are the risk free interest rate (+0.5), risk aversion (+0.1), current account balance (-0.3), inflation (+0.1), trade openness (-0.04) and gross debt (non-linear positive effect). Finally, by examining only the Brazilian case, our model indicates that if the country had maintained the internal fundamentals in line with the average of other emerging markets since the end of 2006, Brazil would reach the end of 2014 with a long-term interest rate of 6.1%, 6 p.p. below the actual value of 12.1%.

The purpose of this research is to determine the effect of divorce on the will and motivation of the child in the middle childhood phase. Instruments are identified for adaptation and use in determining the effect of divorce. In addition, ways of equipping the educational psychologist to facilitate the child's adjustment during and after the divorce process are examined. A literature study was undertaken to determine the theoretical context of the effect of divorce. A study was also undertaken of the cognitive development of the child in the middle childhood phase, which could shed some light on the reactions of the child during the divorce of his or her parents. The results of the empirical investigation showed that the child in the middle childhood phase can exhibit intrinsic motivation during the divorce process. It is, however, the external factors accompanying divorce that could cause the child to display a reduced will or motivation. / Educational Studies / M. Ed. (Voorligting)

O objetivo desse trabalho é analisar a influência que fundamentos internos e fatores externos exercem sobre a taxa de juros nominal dos títulos soberanos de longo prazo nos países emergentes. A base de dados engloba 13 países ao longo de 33 trimestres entre 2006 e 2014. A metodologia utilizada aborda as técnicas econométricas mais recentes para tratar dados macroeconômicos. O modelo estimado é o Pooled Mean Group desenvolvido por Pesaran, Shin e Smith (1999). O modelo consegue separar as variáveis que afetam o nível de equilíbrio da taxa de juros das que exercem efeito apenas no curto prazo. Na melhor especificação apresentada, os resultados indicam que as variáveis que causam flutuações de curto prazo na taxa de juros dos países emergentes são a taxa de juros livre de risco (+0,3), a taxa de curto prazo (+0,4) e o déficit do governo americano (+0,1). Já as variáveis que afetam o nível de equilíbrio são a taxa de juros livre de risco (+0,5), a aversão ao risco dos investidores (+0,1), o saldo em conta corrente (-0,3), a inflação (+0,1), a abertura econômica (-0,04) e a dívida bruta (efeito positivo não linear). Por fim, ao analisar exclusivamente o caso brasileiro, nosso modelo indica que se o país tivesse mantido os fundamentos internos em linha com a média dos outros emergentes desde o final de 2006, o Brasil iria chegar ao final de 2014 com uma taxa de juros nominal de longo prazo de 6,1%, 6 p.p. abaixo do valor efetivamente observado que foi de 12,1%. / The aim of this study is to analyze the influence that internal fundamentals and external factors have on long-term sovereign bond yields in emerging markets. The database covers 13 countries over 33 quarters between 2006 and 2014. The methodology addresses the latest techniques to deal with macro panels, such as panel unit root and panel cointegration tests. The estimated model is the Pooled Mean Group developed by Pesaran, Shin e Smith (1999). This model can separate the variables that affect the interest rate equilibrium from the ones that only have an effect in the short-run. In the best specification presented, the results indicates that in the short-run the variables that affects the interest rates in emerging markets are the risk free interest rate (+0.3), the short term interest rate (+0.4) and the American government deficit (+0.1). The variables that affects the equilibrium level are the risk free interest rate (+0.5), risk aversion (+0.1), current account balance (-0.3), inflation (+0.1), trade openness (-0.04) and gross debt (non-linear positive effect). Finally, by examining only the Brazilian case, our model indicates that if the country had maintained the internal fundamentals in line with the average of other emerging markets since the end of 2006, Brazil would reach the end of 2014 with a long-term interest rate of 6.1%, 6 p.p. below the actual value of 12.1%.

The thesis concerns the causes why do graduates of the Faculty of Philosophy and Arts at the University of West Bohemia in Pilsen perform better on the labour market than their colleagues at the Faculty of Philosophy and Arts at the University of Pardubice. The thesis tries to find out what factors it is caused by. It wants to contribute to identify the appropriate measures to improve the employability of the humanities graduates. We distinguish between external and internal factors. The selection of all factors is explained and justified in detail. External factors are labour market segmentation and regional labour market situation. Internal factors are prestige of the college, professional experience while studying, extent of emphasis on soft skills in teaching and range of career counselling. The thesis is two case studies and its goal is to offer a profound and comprehensive understanding of the phenomenon being researched. Structured interviews with employees of career centres of the University of Pardubice and the University of West Bohemia were utilised. However, the basis of the thesis is the study duties analysis of the students at these faculties. Comparing between two faculties that belong to different universities is rather complex and unusual in the Czech Republic. The thesis has...

Náklady vlastního kapitálu, jež jsou ovlivňovány řadou interních a externích činitelů, významným faktorem ovlivňujícím rozhodovací procesy v podnikové sféře. Cílem této disertační práce je na základě primárních a sekundárních dat formulovat původní metodiku řízení nákladů vlastního kapitálu. Zdrojem sekundárních dat je rozsáhlá literární rešerše zahrnující zahraniční a tuzemské vědecké studie a databáze. Primární data, na základě nichž byl zkoumán vztah mezi teoretickými přístupy řízení nákladů vlastního kapitálu a podnikovou praxí, byla získána formou dotazníkového šetření od finančních manažerů působících v podnicích se sídlem na území ČR. Data byla zpracována s využitím statistických metod. Výsledky disertační práce přispívají k hlubšímu porozumění vztahu mezi náklady vlastního kapitálu a jejich determinantů a odhalují rozdíly mezi teorií a manažerskou praxí. Navrhovaná metodika řízení nákladů vlastního kapitálu je určená k použití v podnikové praxi a lze předpokládat její další rozvíjení v rámci navazujících výzkumných aktivit.

No description available.

This thesis proposes that the destitute people of South Africa, and specifically Tshwane, comprise an often neglected group of people that can and must be helped by means of missions with the destitute to experience growing degrees of SHALOM. Part of this would include a drive to re-integrate the destitute into society as functioning members of that society. This is undertaken through developing a proposed model that strives to empower destitute people in a variety of ways, using a variety of "movements" and strategies. A model such as this is necessary in the light of the seeming inability of helpers (including churches, CBO's and other non-religious organizations), to come to grips with the complex problem of destitution in our country, and in Tshwane specifically. This perceived inability is addressed by exploring the problem of destitution, in the process seeking a better understanding of a complex problem, followed by considering the responsibility of the church as missiological agent of social healing and ministry. Missiologically, SHALOM is perceived as the aim/ goal of missions with the destitute, where SHALOM refers to wellbeing, justice, relational, completeness, whole-being, peace, etc. The model is intended to serve as a viable strategy in the arsenal of churches that take the missiological call towards social healing seriously, and to provide a comprehensive, holistic approach when dealing with the destitute. It is postulated that the church, more than any other organization, should enjoy an advantage when it comes to social ministry, because of two reasons, namely (1) a strong missiological point of departure as a motivation to be involved in social ministry, where we see the church as a partner in the Missio Dei, and (2) a strong missiological aim, namely SHALOM, which transcends mere charity or welfare, but seeks to empower people holistically. / Christian Spirituality, Church History and Missiology / D. Th. (Missiology)

Thesis (MEd)--Stellenbosch University, 2012. / ENGLISH ABSTRACT: The National Department of Basic Education is aware that it is not succeeding in providing quality education for all school children. At present the performance of grade 3 and grade 6 learners, in both international and local assessment, is a matter for great concern. The results suggest that most learners lack basic literacy and numeracy skills. Learners’ performance in the National Senior Certificate Examinations is also far from what it should be. The way in which schools are managed largely determines the quality of education learners receive. As the managers of schools, therefore, principals are held responsible for the poor performance of learners during these annual systemic evaluations. The study aimed to investigate whether the school principals are aware of their powers and whether they perceive themselves as able to use their power to influence school practices positively and thus promote quality education. The study indicates that principals rely on a combination of positional and personal power sources to promote quality education. The study also indicates that principals are aware of their power but have a limited understanding of the concept of power. They also seem to lack the knowledge and understanding to exercise these powers effectively. Although they seem able to exercise considerable power in different situations, principals are reluctant to use their power. It seems that various external and internal factors influence their ability to use their power effectively. / AFRIKAANSE OPSOMMING: Geen Afrikaanse opsomming

The dissertation is concerned with socializing processes of pre-school children around three years of age. The first theoretical part is globally concerned with personality socialization and highlights the significance of socialization in the healthy psychical progression of human beings, as well as the importance of understanding the problems of socialization for the pedagogical profession. This knowledge is specific and generalized in a situational context when the child comes to the kindergarten for the first time and gets slowly untied from the family, developing new relationships outside the family sphere. Socialization in the kindergarten is influenced by many internal and external factors. These factors matter if the child coming to the new kindergarten environment will incorporate to this society without any complications. If any complications appear during the incorporation, internal and external factors also influence the period how long they will last and also they influence the manner how the child will manage them as well. Adaptation programm can facilitate the entrance to the kindergarten for parents and their children. By means of this support programme, alongside the familiar person, children can gradually get acquainted with the new kindergarten environment even before the start of...

本研究旨在探討大台北地區（台北縣與台北市）高中英語科教師在選擇教材時，可能會考量到的因素，其研究重點在於了解不同學校類型（公、私立，與城、鄉學校）以及資深與年輕老師在選擇教材時，是否有其不同的考量因素。 本研究主採問卷調查，佐以訪談方式進行。除就大台北地區二十七所公、私立高中英語科教師做抽樣調查外，並針對十位教師及六位教科書編撰者進行深入訪談，希望藉此進一步了解教師們與教科書編撰者所考量的因素為何，並探討兩者所考量的因素是否有其相關性。本研究最後歸納出結論如下： 1. 學生的英語程度與學習需求以及英語文的正確與自然度是老師與教材編撰者共同考量的因素。 2. 選擇教材時，公立高中的英文老師重視經銷人員的服務態度與售後服務以及教材的配套完整。而私立高中的英文老師重視大學聯考的導向以及學校教育政策。 3. 選擇教材時，任教於城市的高中英文老師重視經銷人員的服務態度與售後服務、溝通式教學法的理念以及教科書所涵蓋的文化層面。而任教於鄉鎮的高中英文老師重視老師本身多重職務角色之扮演（教學、導師或其他行政職務）、教學信念跟語文能力以及教材的價格是否合宜。 4. 選擇教材時，資深與年輕老師所考量的因素並沒有很大的差異。 整體來說，在選擇教材時，內在因素例如英語文的正確性、教材的編輯原理與組織架構仍是老師們最主要的考量。然而外在因素例如學生的英語程度、大學聯考的導向、學校教育政策、以及經銷人員的服務態度，亦是老師在選擇教材時所會考量到因素。因此本研究建議出版社在編撰教科書時也應考量到外在因素，使其教科書更趨於完善，更能符合老師與學生的需求。然而在此同時，老師們也應加強自己的專業知識，使其在選擇教材時能做出最正確的判斷。 / The present study was aimed at investigating what factors English teachers of senior high schools in greater Taipei area took into consideration when selecting textbooks, with particular focus on the comparison of differences between public and private schools, urban and rural schools, and senior and young teachers. Meanwhile, textbook compilers’ considerations were also explored to see if their concerns were in accordance with those of teachers. The questionnaire survey was the main research method of the present study. Moreover, the interview method was also conducted to probe further information. In total, 10 English teachers and 6 textbook compilers were interviewed in the present research. Based on the findings of the present study, four crucial points were concluded as suggested. 1. Most students’ English proficiency and learning needs as well as accurate and proper English were the primary concerns of the general English teachers and textbook compliers. 2. When selecting textbooks, public school teachers emphasized salespersons’ service and the textbook’s intact package, whereas private school teachers considered Joint College Entrance Examination, and school’s leadership more. 3. Likewise, urban school teachers took salespersons’ service, Communicative Approach and cultural component into more account than rural school teachers who were more concerned about teachers’ various roles such as teachers, mentors or administrative personnel, their own English proficiency, and textbooks’ price. 4. However, no significant differences were found between senior teachers and young teachers. Generally speaking, internal factors such as appropriateness, naturalness of English, and rationale, organization of the textbook were the primary concerns for senior high English teachers in textbook selection. However, English teachers of senior high schools were also concerned about external factors such as English proficiency and learning needs, Joint College Entrance Examination, school’s leadership, and salespersons’ service. Therefore, it is suggested that publishing companies should take external factors into more consideration to ensure that textbook being compiled can be more comprehensive in all aspects and be related to needs of both teachers and students. Meanwhile, teachers should take a firm stance based on their updated professional knowledge in making any sound judgments related to textbook selection and evaluation.