Journal of Global Economics, Management and Business Research

Unveiling Gender Biases in Recruitment: A Natural Language Processing Approach

Mirian Izquierdo Barriuso — Mon, 08 Apr 2024 00:00:00 +0000

This paper investigates the potential of AI to identify gender biases in recruitment for senior management positions in businesses, dealing with many documents. It aims to unravel the impact of gender biases in job advertisements as a possible reason behind the underrepresentation of women in the corporate world. An innovative experiment that extracts and analyses 2.198 job offers published in February and September 2021 in the Financial Times newspaper is presented. Natural language techniques are used. These methods identify the most frequent terms and their appearance rate in the advertisements showing the gender biases they generate. By enabling the analysis of many documents, the method allows the accurate identification of gender biases. This use is unique in management studies. The results show a strong co-occurrence of terms associated with male roles in the studied sectors. The concept of agentic-communal role differentiation, rooted in the Identity, homosocial, and TM-TM theories, supports the findings. This knowledge will contribute to using NLP to discover gender biases in recruitment for high decision-making positions proposing action to improve the present situation. Should more women ascend to decision-making positions, selection processes should be improved to reflect a more neutral language. At the same time, cultural changes should be promoted in the corporate world toward more inclusive workplaces.

Rational Expectations of Inflation and Augmented Philips Curve Hypothesis in Sub-saharan Africa: Evidence from Dynamic Panel Data Model

Obed I. Ojonta, Edith C. Obiefuna — Wed, 10 Jan 2024 00:00:00 +0000

The study focuses on how rational expectations influence augmented Philips curve hypothesis in sub-Saharan African countries using dynamic robust instrumental variable system Generalized Method of Moments (GMM) approach, with panel data from twenty-six countries in the region for the period 2009 to 2016. The two stage system GMM results show that with rational expectations on augmented Philips curve, the relationship between inflation and unemployment is positive and significant. When output gap is used as a proxy for unemployment in the model, the results reveal that the relationship between inflation and unemployment is negative but statistically insignificant. The findings suggest that the rational expectations of inflation on augmented Philips curve hypothesis are invalid in Sub-Sahara African countries. This lead to the recommendation that proper policy for the provision of enabling environment for ease of doing business to enhance productivity should be vigorously pursued in order to reduce inflation and unemployment rate.

Modeling Bank Financial Intermediation Functions: Theoretical and Empirical Evidence from Nigeria

Jacob Sesugh Angahar — Mon, 04 Mar 2024 00:00:00 +0000

This research examined the modeling of the financial intermediation functions of banks in Nigeria. The effectiveness of financial intermediation was determined by its impact on economic growth in Nigeria. Secondary time series data were collected to determine the association between variables. The study adopted an ex post facto research design and used ordinary least squares regression tests that reveal the predictive power of the model as well as the relative statistics of the short-term variables, while testing for the existence of a long-term equilibrium relationship, based on the multivariate cointegration technique performed. The results of the study suggest that there are both short-term and long-term relationships between financial intermediation and economic growth in Nigeria. Specifically, CBCPS has a positive relationship with GDP, while MS and MLR have a positive and significant relationship with GDP in the long run. The study recommends, inter alia, that monetary authorities, in particular the Central Bank of Nigeria, has to use measures to force banks to reduce their interest rates on loans. This will increase investment and enhance the overall performance of the economy's productive sectors.