Unit 4
Unit 4
When monitoring activities are not carried out directly by the decision-makers of the
programme it is crucial that the findings from those monitoring activities are
coordinated and fed back to them.
There are no standard monitoring tools and methods. These will vary according to
the type of intervention and objectives outlined in the programme. Examples of
monitoring methods include:
Impact Evaluation
Impact evaluation helps people answer key questions for evidence-based policy
making: what works, what doesn’t, where, why and for how much? It has received
increasing attention in policy making in recent years in the context of both developed
and developing countries. It is an important component of the armory of evaluation
tools and approaches and integral to global efforts to improve the effectiveness of
aid delivery and public spending more generally in improving living standards.
Originally more oriented towards evaluation of social sector programs in developing
countries, notably conditional cash transfers, impact evaluation is now being
increasingly applied in other areas such as the agriculture, energy and transport.
Impact evaluation measures the difference between what happened with the
programme and what would have happened without it. It answers the question,
“How much (if any) of the change observed in the target population occurred
because of the programme or intervention?”
Rigorous research designs are needed for this level of evaluation. It is the most
complex and intensive type of evaluation, incorporating methods such as random
selection, control and comparison groups.
Impact evaluations may not always be called for, or even appropriate for the needs
of most programmes and interventions looking to monitor and evaluate their
activities.
Endline data allows the programme to see if there were external/ additional factors
that might influence the level of awareness among those not exposed to the
campaign. If the study design does not involve a randomly-assigned control group, it
is not possible to make a definitive statement regarding any differences in outcome
between areas with the programme and areas without the programme.
However, if statistically rigorous baseline studies with randomly assigned control
groups cannot be conducted, very useful and valid baseline information and endline
information can still be collected.
Evaluation requires technical expertise and training. If the programme does not
maintain the capacity in-house, external evaluators should be hired to assist.
There are five key principles relating to internal validity (study design) and external
validity (generalizability) which rigorous impact evaluations should address:
confounding factors, selection bias, spillover effects, contamination, and impact
heterogeneity.
Stress is defined as “a state of psychological and physiological imbalance resulting from the
disparity between situational demand and the individual’s ability and motivation to meet
those needs.”
Dr. Hans Selye, one of the leading authorities on the concept of stress, described stress as
“the rate of all wear and tear caused by life.”
Factors that are responsible for causing stress are called stressors.
Stress is defined as “a state of psychological and physiological imbalance resulting from the
disparity between situational demand and the individual’s ability and motivation to meet
those needs.”
Dr. Hans Selye, one of the leading authorities on the concept of stress, described stress as
“the rate of all wear and tear caused by life.”
Factors that are responsible for causing stress are called stressors.
Causes of Stress
1. Career Concern
If an employee feels that he is very much behind in the corporate ladder, then he may
experience stress. If he seems that there are no opportunities for self-growth, he may
experience stress. Hence, unfulfilled career expectations are the significant source of stress.
2. Role Ambiguity
It occurs when the person doesn’t know what he is supposed to do, on the job. His tasks and
responsibilities are not clear. The employee is not sure what he is expected to do. It creates
confusion in the minds of the worker and results in stress.
Stress may occur in those individuals who work on different work shifts. Employees may be
expected to work on day shift for some days and then on the night shift. That may create
problems in adjusting to the shift timings, and it can affect not only personal life but also
family life of the employee.
4. Role Conflict
It takes place when people have different expectations from the person performing a
particular role. It can also occur if the job is not as per expectation, or when a job demands a
certain type of behavior that is against the person’s moral values.
5. Occupational Demands
Some jobs are more demanding than others. Jobs that involve risk, and danger are more
stressful. Research findings indicate, job that cause stress needs constant monitoring of
equipments and devices, unpleasant physical conditions, making decisions, etc.
Many experienced employees feel that management should consult them on matters affecting
their jobs. In reality, the superiors hardly ask the concerned employees before taking a
decision. That develops a feeling of being neglected, which may lead to stress.
7. Work Overload
Excessive workload leads to stress as it puts a person under tremendous pressure. Work
overload may take two different forms:
8. Work Underload
In this, case, too little work or very easy work is expected on the part of the employee. Doing
less work or jobs of routine and simple nature would lead to monotony and boredom, which
can lead to stress.
Employees may be subject to poor working conditions. It would include bad lighting and
ventilation, unhygienic sanitation facilities, excessive noise, and dust, presence of toxic
gasses and fumes, inadequate safety measures, etc. All these unpleasant conditions create
physiological and psychological imbalance in humans thereby causing stress.
Every group is characterized by its cohesiveness, although they differ widely in its degree.
Individuals experience stress when there is no unity among work group members. There are
mistrust, jealousy, frequent quarrels, etc., in groups and this lead to stress to employees.
These conflicts take place due to differences in perceptions, attitudes, values and beliefs
between two or more individuals and groups. Such conflicts can be a source of stress for
group members.
When changes occur, people have to adapt to those changes, and this may cause stress. Stress
is higher when changes are significant or unusual like transfer or adoption of new technology.
When individuals believe that they have the friendship and support of others at work, their
ability to cope with the effects of stress increases. If this kind of social support is not
available, then an employee experiences more stress.
1. Civic Amenities
Poor civic amenities in the area in which one lives can be a cause of stress. Inadequate or lack
of public facilities like improper water supply, excessive noise or air pollution, lack of proper
transport facility can be quite stressful.
2. Life Changes
Life changes can bring stress to a person. Life changes can be slow or sudden. Gradual life
changes include getting older, and abrupt life changes include death or accident of a loved
one. Sudden life changes are highly stressful and very difficult to cope.
3. Frustration
Frustration is another cause of stress. It arises when goal-directed behavior gets blocked.
Management should attempt to remove barriers and help the employees to reach their goals.
Employees living in areas, which are often prone to conflicts among people based on
differences seen in their race, caste and religion do suffer more from stress. In the case of a
religion, the minorities and lower-caste people (especially in India) are subject to more stress.
5. Personality
The ‘Type B’ people are exactly opposite and hence are less affected by stress due to the
above factors.
6. Technological Changes
When there are any changes in technical fields, employees are under the constant fear of
losing jobs or need to adjust to new technologies. It can be a source of stress.
7. Career Changes
When a person suddenly switches to another job, he is under stress to shoulder new
responsibilities adequately. Under-promotion, over-promotion, demotion and transfers can
also cause stress.
Following habits can remarkably help to relieve stress:
Regular meditation
Physical exercise
Balanced diet
Focused thinking
Control of anger
Managing Depression
Maintaining calmness in stressful situations
Having a positive attitude towards life
Harmony towards self and others, etc.
Those companies that don’t change can stagnate and not develop. Our current world
is constantly evolving in terms of technology and many other challenging but
innovative ways. Having the ability to face these new challenges head-on will not
only develop the company as a whole but also those who work within it.
Value change refers to an adjustment made in the price of a stock, usually to reflect
the total number of outstanding shares issued and withheld currently by investors.
The daily changes made in shares held by various investors are influenced by the
daily changes seen in the demand and supply. These price changes are periodically
adjusted to go at par with the Market changes.
The Value change enables a group of stocks to be weighed equally so that they can
be evaluated easily. Moreover, the number of shares held by a certain investor can
change daily. And this is the reason why the total number of shares held by a
particular investor on a specific day needs to be updated every day to determine the
price changes.
Value change refers to an adjustment made in the price of a stock, usually to reflect
the total number of outstanding shares issued and withheld currently by investors.
The daily changes made in shares held by various investors are influenced by the
daily changes seen in the demand and supply. These price changes are periodically
adjusted to go at par with the Market changes.
The Value change enables a group of stocks to be weighed equally so that they can
be evaluated easily. Moreover, the number of shares held by a certain investor can
change daily. And this is the reason why the total number of shares held by a
particular investor on a specific day needs to be updated every day to determine the
price changes.
A value change adjustment is made to equally with the stocks included within a
single group. Investors can use value change in a number of settings, as it defines a
particular kind of calculation used to evaluate and compare investment tools by
considering the total shares held by investors.
The main objective of a value change is to ensure that shares belonging to a specific
group or category are having equal weight. The theory also defines the steps that
need to be followed while estimating the metric used to assess and compare several
instruments by factoring in all the outstanding stocks, which don’t include reinvested
shares.
The most commonly used framework for formatting questions is PICO. The acronym
translates to:
Type of
study Which type of study will you be using? (e.g. Randomised
or Control Trials, Treatment Outcome Studies)
Study
design
Where is your intervention of interest taking place?
Setting
In recent history, “socially conscious” investing has been growing into a widely-
followed practice, as there are dozens of new funds and pooled investment vehicles
available for retail investors. Mutual funds and ETFs provide an added advantage in
that investors can gain exposure to multiple companies across many sectors with a
single investment. However, investors should read carefully through-fund
prospectuses in order to determine the exact philosophies being employed by fund
managers, along with the potential profitability of these investments.
There are two inherent goals of socially responsible investing: social impact and
financial gain. The two do not necessarily have to go hand in hand; just because an
investment touts itself as socially responsible doesn’t mean that it will provide
investors with a good return, and the promise of a good return is far from an
assurance that the nature of the company involved is socially conscious. An investor
must still assess the financial outlook of the investment while trying to gauge its
social value.
Government-controlled funds
Government-controlled funds such as pension funds are often very large players in
the investment field, and are being pressured by the citizenry and by activist groups
to adopt investment policies which encourage ethical corporate behavior, respect the
rights of workers, consider environmental concerns, and avoid violations of human
rights.
Community investing
Negative screening
Context of Mediation
Mediation is an ADR method where a neutral and impartial third party, the mediator,
facilitates dialogue in a structured multi-stage process to help parties reach a conclusive and
mutually satisfactory agreement. A mediator assists the parties in identifying and articulating
their own interests, priorities, needs and wishes to each other. Mediation is a “peaceful”
dispute resolution tool that is complementary to the existing court system and the practice of
arbitration.
Arbitration and mediation both promote the same ideals, such as access to justice, a prompt
hearing, fair outcomes and reduced congestion in the courts. Mediation, however, is a
voluntary and non-binding process – it is a creative alternative to the court system. Mediation
often is successful because it offers parties the rare opportunity to directly express their own
interests and anxieties relevant to the dispute. In addition, mediation provides parties with the
opportunity to develop a mutually satisfying outcome by creating solutions that are uniquely
tailored to meet the needs of the particular parties. A mediator is a neutral and impartial
person; mediators do not decide or judge, but instead becomes an active driver during the
negotiation between the parties. A mediator uses specialized communication techniques and
negotiation techniques to assist the parties in reaching optimal solutions.
Mediation is a structured process with a number of procedural stages in which the mediator
assists the parties in resolving their disputes. The mediator and the parties follow a specific
set of protocols that require everyone involved to be working together. This process permits
the mediator and disputants to focus on the real problems and actual difficulties between the
parties. Moreover, the parties are free to express their own interests and needs through an
open dialogue in a less adversarial setting than a courtroom. The main aim of mediation is to
assist people in dedicating more time and attention to the creation of a voluntary, functional
and durable agreement. The parties themselves posses the power to control the process- they
reserve the right to determine the parameters of the agreement. In mediation, the parties also
reserve the right to stop anytime and refer a dispute to the court system or perhaps arbitration.
Generally, an agreement reached through mediation specifies time periods for performance
and is customarily specific, measurable, achievable, and realistic. It is advisable for the
parties to put their agreement in writing to create tangible evidence that they accomplished
something together. The written agreement reminds the parties of their newly achieved
common ground and helps to prevent arguments and misunderstandings afterward. Most
importantly, a written agreement provides a clear ending point to the mediation process. The
agreement binds the parties contractually. In case of disputes concerning compliance with the
mediated agreement (e.g., whether a party carries out an agreement) or implementation of a
mediated agreement (e.g., disputes concerning the precise terms for carrying out an
agreement), the agreement is enforceable as a contract, as it would be in cases of the non-
fulfilment of any ordinary contractual provision. Enforceability is necessary for mediation, as
an ADR process, to possess any legal strength or to impose any liability on the parties. It
should be noted that, in the United States, compliance with mediated settlement agreements is
high because the parties, themselves, create the terms of the settlement agreement. Thus,
enforcement proceedings are relatively rare because the parties voluntarily carry out their
own agreements.
Another important difference between arbitration and mediation exists in regards to choosing
the neutral party. In choosing an arbitrator, the parties seek to select an individual that
possesses particular legal skills, knowledge and competence. With the exception of non-
binding arbitration in Italy, the arbitrator determines that outcome of the dispute according to
traditional legal principles, so the arbitrator must be highly knowledgeable in the relevant
area of law. In mediation, the selection of a mediator can be made among individuals with a
variety of degrees and particular experience or specialized training in the mediation of
disputes. Mediators are often described as experts in the process (of mediation), although it is
generally helpful to designate a mediator with some degree of subject matter knowledge as
well. Ultimately, mediation is a collaborative effort by all involved, and to arrive at a
satisfactory outcome, it includes the willing cooperation and respect of all parties.
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Tags: Analysis, R code, Regression
A simple before/ after comparison using only Queensland data is not sufficient to
test if the tax increase changed alcohol consumption because there is no
comparision group. A before/ after difference can simply be due to a decreasing
trend. We need to test if the change in Queensland is larger than other states.
In this analysis, we will test the interaction between year and state.
(Does state change the effect of year on alcohol consumption?)
We will first show the R codes for this analysis below, and we will provide a step-by-
step guide on how to complete this analysis. We use the built-in Alcohol dataset for
this example. This dataset can be loaded into StatsNotebook using the instructions
provided here. We will also use the emmeans package in R for pairwise comparisons
and for building the interaction plot.
Using StatsNotebook
Prior to running the moderation analysis, we will need to conduct a descriptive
analysis and it is always good practice to visualise the data.
To run a moderation analysis using linear regression (categorical independent
variable and categorical moderator),
The order of selecting variables will determine the horizontal axis of the
interaction plot (see interpretaion below). The first selected variable will
always go to the horizontal axis. In this example, we click State first and
then Year.
** For this analysis, we should also adjust for Postcode because participants
from the same postcode may be more similar compared to participants from
other postcodes, thus violating the assumption of independent
observation. For the purpose of understanding a moderation analysis, we
can leave this out for now. See Linear mixed model (Multilevel model) for how
to adjust for data dependency.
R codes explained - Moderation analysis
The following are from the top section of the generated codes.
This code tells R to run a linear regression using the lm function. The left side
of the “~” symbol specifies the dependent variable; the right side specifies
the independent variables. StatsNotebook has added the interaction
term State*Year as an extra term. The results from this regression analysis
are then printed out using the summary function. Finally,
the cbind, coef and confint functions are used to print the model coefficients
with the corresponding 95% confidence intervals.
The above code produces the model summary below.