Search results for " credit"
showing 10 items of 242 documents
Recovery of plant communities after ecological restoration of forestry-drained peatlands
2017
Ecological restoration is expected to reverse the loss of biodiversity and ecosystem services. Due to the low number of well-replicated field studies, the extent to which restoration recovers plant communities, and the factors underlying possible shortcomings, are not well understood even in medium term. We compared the plant community composition of 38 sites comprising pristine, forestry-drained, and 5 or 10 years ago restored peatlands in southern Finland, with special interest in understanding spatial variation within studied sites, as well as the development of the numbers and the abundances of target species. Our results indicated a recovery of community composition 5–10 years after re…
Five-years-long effects of the Italian policies for photovoltaics on the energy demand coverage of grid-connected PV systems installed in urban conte…
2016
Abstract The paper examines the responsiveness of the electricity demand coverage in urban contexts to the changes in the Italian policies for PV systems. The morphological configuration of building roofs according to the number of covered flats, annual data of PV generation and electricity consumptions were considered in the transition from the feed-in tariff (FIT) mechanism to the tax credits scheme currently in force. With the aim of assessing the changes over time in three representative cities, the fluctuations both in the premiums for the produced electricity and the tax credits applied to the PV system costs were observed from July 2010 to February 2016. Furthermore, the main time-va…
The grain market, short-term credit, and economic inequality in the Kingdom of Valencia. The towns of Cocentaina, and Castellón in the Fifteenth-Cent…
2018
Despite the predominance of small peasant farms in the Valencian countryside in the Late Middle Ages, large sections of the peasantry were forced to turn to the market to obtain cereals for consumption and sowing. Insufficient land and lack of liquidity caused by the seasonal cycle of crops made it necessary to use short-term credit, which was recorded in the court of local justice in the legal form of “obligacions”. The aim of this paper is to analyse the economic role of this credit market, identifying varieties of commercialised cereals, seasonality of purchases and payments, price trends and the socio-professional background of buyers (debtors) and sellers (creditors). Thus, we study ho…
Financial contagion through space-time point processes
2020
AbstractWe propose to study the dynamics of financial contagion by means of a class of point process models employed in the modeling of seismic contagion. The proposal extends network models, recently introduced to model financial contagion, in a space-time point process perspective. The extension helps to improve the assessment of credit risk of an institution, taking into account contagion spillover effects.
¿Una feria de cambios a la valenciana? Debate financiero y energía emprendedora en el siglo XVII
2020
In 1619 Philip IV sent to print a Real Pragmatic [Royal Pragmatic legislation] that would regulate changes between Valencia and Medina del Campo being introduced by Valencian merchant families to enable them to receive interest on their loans without being accused of usury. Only three years later, in 1622, the Republic of Genoa inaugurated the exchange fairs of Novi Ligure, with which the Genoese consolidated their international position in the international credit market. These apparently independent circumstances constitute an important episode for international financial knowledge and the transformation of the Mediterranean credit market during the seventeenth century. Studying financial…
La nueva oportunidad de la hipoteca inversa
2021
The reverse mortgage is a credit or loan guaranteed by a mortgage that falls on the applicant?s habitual residence, granted at once, or through periodic benefits, to a person who must be over a certain age or prove a degree of disability or dependency, and is not due until the time of death. In view of the doubts that the future of the public pension is raising and the concentration of savings in Spanish property, the reverse mortgage is once again being put on the table as a viable alternative to complement a public pension with little revaluation, in view of the increase in life expectancy and expenses after retirement.
An Application of Hybrid Models in Credit Scoring
2000
The predictive capability of parametric and non-parametric models in solving problems related to financial classification has been widely proved in empirical research carried out in the financial field, particulary in problems like bond rating, bankruptcy prediction and credit scoring. However, recently, it has been shown that a combination of different models generally reduces the prediction error, so that the best alternative to consider may not be a specific model but a combination of them. In this paper, we study hybrid systems based on the aggregation of individual (parametric and nonparametric) models. Our hybrids are built by using both parametric and non parametric models as the sys…
Il divieto di aiuti di Stato e le agevolazioni fiscali nella Regione Siciliana”, in Rassegna Tributaria
2005
L'autonomia tributaria regionale si esprime non soltanto attraverso l'imposizione di "tributi propri", bensì anche per mezzo dell'introduzione di agevolazioni fiscali, nel rispetto dei principi interni di uguaglianza e di capacità contributiva e di quelli comunitari di divieto di aiuti di Stato e di non discriminazione. Emblematica al riguardo la vicenda del credito d'imposta introdotto dalla Regione siciliana approvato dalla Commissione dell'Unione europea.
Applying Dynamic Performance Management to Enterprises
2016
This chapter will illustrate two examples of DPM applied to enterprises. Cases will show how DPM can support a learning-oriented approach into the P&C processes of business organizations.
Financial Intermediation in Modern Europe Time: Evidence from Romania
2018
In a world governed by complex financial and economic systems, knowing the process of financial intermediation becomes a must. We face times when the process of financial intermediation seems to change nearly as a natural phenomenon. Financial intermediation stakeholders find constantly new ways to interact on behalf of obtaining funds they need and returns they expect and manage risks they try to avoid. The article’s aim is to take a snapshot of a financial intermediation process that manifests in Europe Modern Era, specifically in one EU member like Romania, in contrast with other two EU member – Bulgaria and Croatia. In the same time, we also outline the relation between financial develo…