Search results for " openness"
showing 10 items of 16 documents
FINANCIAL MARKETS' SHUTDOWN AND REACCESS
2017
We employ a discrete-time parametric duration model on a group of 121 countries over the period 1970–2011 and find that the probability of the end of financial markets' shutdown and reaccess falls as these events become longer. We also show that: (1) shutdown episodes are longer when economic prospects are poor and the degree of financial openness falls, the chief executive has been in office for long periods, and the country has a default history and (2) spells of reaccess tend to be longer when economic growth improves and financial openness increases, there are neither government crises nor government instability, and the country did not default in the past. (JEL C41, G15)
Documenting carved stones by 3D modelling – Example of Mongolian deer stones
2018
Rock art studies are facing major technical challenges for extensive documentation. Nowadays, recording is essentially obtained from time-consuming tracing and rubbing, techniques that also require a high level of expertise. Recent advances in 3D modelling of natural objects and computational treatment of the modelled surfaces may provide an alternative, and reduce the current documentation bottleneck. The aim of this study is to examine the extent to which such treatments can be applied. The case study presented here concerns the famous deer stones erected by ancient Mongolian nomad populations. The 3D acquisition workflow is based on structure-from-motion, a versatile photogrammetric tech…
Il transfert di Curial
2018
Resum: I risvolti sovranazionali riscontrati nei tre protagonisti dei romanzi del Quattrocento catalano (Jacob Xalabín, Curial e Tirant) consentono di procedere a un’analisi del Curial e Güelfa che ne sottolinea l’identità multipla e l’apertura culturale del processo di formazione del protagonista, nella sua ascesa economica e sociale. L’evoluzione del protagonista, grazie a un meccanismo psicologico, oggi riconosciuto come tale, consente il lieto fine del romanzo, diversamente da quanto avviene negli altri due, dove i protagonisti, Jacob e Tirant, rimangono sempre gli stessi. Grazie allo spostamento, al transfert, Curial non rimuove quello che lo minaccia, ma riesce a superarlo, se riguard…
Fiscal adjustments and income inequality: a first assessment
2012
Using a statistical approach to identify fiscal adjustments, we find that fiscal consolidation appears to shorten the income gap. Fiscal austerity plans that succeed in bringing public debt to a sustainable path seem to be more likely to reduce inequality. Expansionary fiscal adjustments are particularly important to promote changes in the income distribution.
L'ouverture de la Chine et ses impacts sur l'économie chinoise
2012
In the early 1980s, Chinese government has adopted an opening up policy in order to attract capital, skills and modern advanced technology that are necessary for the economic development of China. Indeed, this policy has already borne fruit. China, that was almost self-sufficient until the 1980s, has now become the largest exporter and the second largest recipient of foreign direct investment in the world. Until now, most of the research on the economic opening up policy of China, however, has concentrated on the demonstration of the positive effects of exports and FDI inflows on the domestic economy of China. In this thesis, based on the analysis of economics of production, we study the re…
Associations between personality, sports participation and athletic success. A comparison of Big Five in sporting and non-sporting adults
2018
Abstract The present study investigates whether the Big Five personality traits are different among diverse sports populations. A sample of 881 male athletes and non-athletes completed a self-report questionnaire measuring their personality traits. The Exploratory Structure Equation Modeling (ESEM) approach is adopted to test measurement invariance and mean differences among groups. The results indicate that athletes who had experienced the most success in their sport scored higher than non-athletes in each personality dimension of the Big Five, with the exception of openness, while less successful athletes scored higher than non-athletes only in extraversion and agreeableness. The more suc…
Topological properties of cellular automata on trees
2012
We prove that there do not exist positively expansive cellular automata defined on the full k-ary tree shift (for k>=2). Moreover, we investigate some topological properties of these automata and their relationships, namely permutivity, surjectivity, preinjectivity, right-closingness and openness.
The Open Innovation in Science research field: a collaborative conceptualisation approach
2020
Openness and collaboration in scientific research are attracting increasing attention from scholars and practitioners alike. However, a common understanding of these phenomena is hindered by disciplinary boundaries and disconnected research streams. We link dispersed knowledge on Open Innovation, Open Science, and related concepts such as Responsible Research and Innovation by proposing a unifying Open Innovation in Science (OIS) Research Framework. This framework captures the antecedents, contingencies, and consequences of open and collaborative practices along the entire process of generating and disseminating scientific insights and translating them into innovation. Moreover, it elucidat…
Trade, financial openness and dual banking economies: Evidence from GCC Region
2021
Abstract The recent wave of liberalization in Gulf Cooperation Council (GCC) countries has opened up a debate on the role of Islamic finance in the financial development of an economy. Using a comprehensive dataset of 43 Islamic and 49 conventional banks for the period 2007–2015, in this paper, we investigate the impact of trade and financial openness on financial development in the GCC region. We find that trade and financial openness have a positive effect on the profitability of both banking systems, while the interaction term of openness is negative for the profitability of Islamic banks. Moreover, trade and financial openness affect Islamic banks differently than conventional banks. No…
Stock Market Integration and the Global Financial Crisis
2014
We study the dynamics of stock market integration and its consequences during the recent financial crisis for twenty-three developed and sixty emerging markets. We find that integration increased slightly for emerging markets but decreased for developed countries during the crisis. Moreover, we argue that the high degree of integration propagated the crisis across the global financial markets at the beginning of the crisis, but it had little effect during the crisis. We also find that integration is mostly affected by financial openness, the institutional environment, and global financial uncertainty but that these determinants vary slightly between emerging and developed markets.