Within the Internal Ratings-Based (IRB) approach of Basel II it is assumed that idiosyncratic risk has been fully diversified away. The impact of undiversified idiosyncratic risk on portfolio Value-at-Risk can be quantified via a granularity adjustment (GA). We provide an analytic formula for the GA in an extended singlefactor CreditRisk setting incorporating double default effects. It accounts...

The long-term impacts of failing to establish autonomy and relatedness within close friendships are poorly understood. Adolescent behaviors undermining autonomy and relatedness in friendships at 13 were examined as predictors of friendship competence at 18 and depressive symptoms and social withdrawal at 21. A diverse community sample of 184 adolescents participated in self, peer, and observati...

AIMS To compare an innovative activating intervention with "care as usual" (control group) for the guidance of employees on sickness leave because of an adjustment disorder. It was hypothesised that the intervention would be more effective than care as usual in lowering the intensity of symptoms, increasing psychological resources, and decreasing sickness leave duration. METHODS A prospective...

In a longitudinal study that followed children from fourth through sixth grades, we tested whether problems in children’s peer relations preceded psychological maladjustment and whether adjustment difficulties paved the way for poor social relationships. Both close friendships and peer group acceptance were examined. Our findings indicated that less peer acceptance predicted more internalizing ...

Research indicates adolescent adjustment problems are associated with high levels of interparental conflict. This study examined parents’ and adolescents’ perceptions of interparental conflict and the relationship of these perceptions to adolescent adjustment through a survey of adolescent secondary students and their parents. Sixtytwo adolescents and 62 parents participated in the study. Adole...

Taylor and Lobel's (1989) model of social comparison processes under threat predicts that upward affiliation (a social activity) may be useful to improve the skills and to find inspiration in coping with HIV, whereas downward evaluation (a cognitive activity) may assist someone to feel better by comparing oneself to a less fortunate person. Participants with HIV were randomly assigned, using a ...

Almost every traditional personality theorist had something to say about religion, but the topic of how religious beliefs might affect individuals’ views of human nature remains largely unstudied. All religions, however, contain certain implicit ideas regarding personality that are likely to impact individual behavior. This article draws on Islamic sources to consider what a practicing Muslim m...

An increasing number of babies are being born using donated sperm, where the child lacks a genetic link to the father, or donated eggs, where the child lacks a genetic link to the mother. This study examined the impact of telling children about their donor conception on mother-child relationships and children's psychological adjustment. Assessments of maternal positivity, maternal negativity, m...

The purpose of the present investigation is to analyze marital & emotional adjustment in middle aged couples. The sample consisted of 124 respondents, out of which 62 were males and 62 females (mean age= 50 to 65), who were financially independent from their offspring. To measure adjustment Old-age Adjustment Inventory (SJOAI) created by Dr. Shamshad Hussain and Dr. Jasbir Kaur was used. The in...

The flexible goal adjustment (FLEX) and tenacious goal pursuit (TEN) scales are used regularly in aging research. The current study examined their validity in a sample of 517 women (30–75 years) in multiple ways. Overall, the findings show that the scales do not clearly distinguish between FLEX and TEN. The direction in which the items were formulated was just as important as what was being mea...