Does video games’ popularity affect unemployment rate? Evidence from macro-level analysis
Purpose – Video games are considered as a leisure activity that makes being unemployed more attractive than
before. In this study, the authors use eSports prizes as a proxy for the popularity of video games to analyze its
influence on total and youth unemployment.
Design/methodology/approach – The authors develop a theoretical model and empirically test it using the
total prize money won by representatives of a country in a given season in eSports tournaments, via a panel
regression model with the country-year as a unit of observation. The data set includes information about 191
countries between 2000 and 2015.
Findings – The authors’ results of regression analysis show a positive influence of the popularity of video
games on the unemployment rate. In addition, the authors analyze this effect for countries with different levels
of income and labor productivity. The authors found a significant inverse relationship between income level
and the effect of the popularity of video games on total and youth unemployment.
Originality/value – While previous studies rely mostly on self-reported data, the authors suggest a new
approach to measure video game popularity. This paper contributes to existing knowledge with empirical
evidence on how leisure activities affect unemployment at the country level.
Youth are, by definition, the future. This book brings initial analyses to bear on youth in the five BRICS countries: Brazil, Russia, India, China and South Africa, which are home to nearly half of the world's youth. Very little is known about these youth outside of their own countries since the mainstream views on "youth" and "youth culture" are derived from the available literature on youth in the industrialized West, which is home to a small part of the world's youth. This book aims to help fill in this gap.
The handbook examines the state of youth, their past, present and permits the development of insights about future. The BRICS countries have all engaged in development processes and some remarkable improvements in young people's lives over recent decades are documented. However, the chapters also show that these gains can be undermined by instabilities, poor decisions and external factors in those countries. Periods of economic growth, political progress, cultural opening up and subsequent reversals rearticulate differently in each society. The future of youth is sharply impacted by recent transformations of economic, political and social realities. As new opportunities emerge and the influence of tradition on youth's lifestyles weakens and as their norms and values change, the youth enter into conflict with dominant expectations and power structures.
The topics covered in the book include politics, education, health, employment, leisure, Internet, identities, inequalities and demographics. The chapters provide original insights into the development of the BRICS countries, and place the varied mechanisms of youth development in context. This handbook serves as a reference to those who are interested in having a better understanding of today's youth. Readers will become acquainted with many issues that are faced today by young people and understand that through fertile dialogues and cooperation, youth can play a role in shaping the future of the world.
According to the common definition of unemployment, the unemployed are those who are not in paid employment or self-employment, are seeking work and are available for work. А job search model is estimated from a sample of the unemployed and from some extended samples of the jobless, obtained by loosening that definition gradually. Revealed similarities and differences constitute the result of the research.
Youth unemployment and joblessness are major issues for national governments and international organizations across the globe. In this respect, the school-to-work transition challenge is increasingly raising the interest of companies, education and training institutions, families and young people themselves, who are often involved in precarious and illegal forms of employment worldwide. In the field of industrial and labour relations, the school-to-work perspective seems particularly suitable for policy formulation and assessment: the broad and complex range of tools, strategies and policies for enabling youth training and their access to the labour market is deserving of a closer analysis at an international level in a time when jobless recovery threatens national economies. In this connection, this volume of the "Adapt Labour Studies Book-Series" has been set up with a view for achieving a better understanding of the causes, consequences and possible responses to the issue in a global dimension through an interdisciplinary and comparative approach.
In spite of a growing body of literature investigating the determinants of youth unemployment, studies at sub-national level are still scarce, especially for Russian regions. This article is an innovative attempt to analyse econometrically the key factors affecting the youth unemployment rate and the ratio between youth and total unemployment rates for 75 Russian regions in 2000–09. The existing literature on regional labour market performance and dynamics suggested the use of a large set of explanatory variables (with indicators of the level of economic development, the demographic situation and migration processes, and the export–import levels) in a GMM panel data analysis, taking into account both spatial correlation and endogeneity problems. Although we were searching for structural determinants, we also investigated the effect of the 2008–09 financial crisis. The econometric results, presented and discussed using several models, have key policy implications for both national and regional levels of government.
In this paper we suggest the first systematic review and com- pare performance of most frequently used machine learning algorithms for prediction of the match winner from the teams’ drafts in DotA 2 computer game. Although previous research attempted this task with simple models, weve made several improvements in our approach aiming to take into account interactions among heroes in the draft. For that pur- pose we’ve tested the following machine learning algorithms: Naive Bayes classifier, Logistic Regression and Gradient Boosted Decision Trees. We also introduced Factorization Machines for that task and got our best re- sults from them. Besides that, we found that model’s prediction accuracy depends on skill level of the players. We’ve prepared publicly available dataset which takes into account shortcomings of data used in previous research and can be used further for algorithms development, testing and benchmarking.
We present two examples of how human-like behavior can be implemented in a model of computer player to improve its characteristics and decision-making patterns in video game. At first, we describe a reinforcement learning model, which helps to choose the best weapon depending on reward values obtained from shooting combat situations. Secondly, we consider an obstacle avoiding path planning adapted to the tactical visibility measure. We describe an implementation of a smoothing path model, which allows the use of penalties (negative rewards) for walking through ``bad'' tactical positions. We also study algorithms of path finding such as improved I-ARA* search algorithm for dynamic graph by copying human discrete decision-making model of reconsidering goals similar to Page-Rank algorithm. All the approaches demonstrate how human behavior can be modeled in applications with significant perception of intellectual agent actions.
The paper gives an overview on unemployemnt in Russia and the concequances of the crisis of 2008.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The results of cross-cultural research of implicit theories of innovativeness among students and teachers, representatives of three ethnocultural groups: Russians, the people of the North Caucasus (Chechens and Ingushs) and Tuvinians (N=804) are presented. Intergroup differences in implicit theories of innovativeness are revealed: the ‘individual’ theories of innovativeness prevail among Russians and among the students, the ‘social’ theories of innovativeness are more expressed among respondents from the North Caucasus, Tuva and among the teachers. Using the structural equations modeling the universal model of values impact on implicit theories of innovativeness and attitudes towards innovations is constructed. Values of the Openness to changes and individual theories of innovativeness promote the positive relation to innovations. Results of research have shown that implicit theories of innovativeness differ in different cultures, and values make different impact on the attitudes towards innovations and innovative experience in different cultures.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.