Search results for " Money"
showing 10 items of 75 documents
Hierarchical multi-criteria analysis for the selection of a triathlon
2018
Sports activities have an increasingly large impact in different fields: economy, tourism, environment, applied technology, social, culture, etc. This study analyses the most important criteria that triathletes take into account when choosing a triathlon event in Spain. The methodology used was Analytic Hierarchy Process (AHP), which quantifies the weighting of each criterion and sub-criterion in a survey. The survey was drawn up using 14 triathlete experts and was completed by 95 triathlon participants. The results show that the internal aspects associated with the development of the triathlon event, together with the proximity to the athlete's home, the layout and signage of the circuits …
Verso l'euro digitale: la moneta legale nell'epoca della digitalizzazione
2022
The essay aims to evaluate the potential repercussions of the introduction of the new central bank digital currencies and, in particular, of the digital euro ECB’s project, on the concept of legal money in the European and domestic legal system. In the era of crypto-currency and cash crisis, a reasoning is started on the relationship between public and private and market dimensions within the monetary institution.
L’evoluzione del sistema dei pagamenti in Italia: configurazioni strutturali e profili di integrazione finanziaria
2019
Un corretto ed ordinato sistema dei pagamenti costituisce condizione essenziale per la stabilità e l’efficienza del sistema finanziario, per il buon funzionamento dei mercati e per la conduzione della politica monetaria. L’intero sistema dei pagamenti italiano è evoluto in direzione di più elevati livelli di efficienza ed efficacia, in un contesto di progressiva armonizzazione e cooperazione sovranazionale, quale condizione per lo sviluppo di un sistema integrato dei pagamenti europeo; il presente articolo pertanto delinea, seppure a grandi linee, il quadro evolutivo del sistema dei pagamenti nazionale, avuto riguardo agli aspetti istituzionali, economico-finanziari e regolamentari. This pa…
Where Did the Money Go? Endogenous Money Creation for International Fraudulent Purposes - The Case of the 2015 Moldovan Banking Scandal
2015
On Monday 4 May 2015, the speaker of Parliament of the Republic of Moldova published the Kroll report on his Internet blog after thousands of people rallied on Sunday 3 May in the capital, Chisinau, to protest against endemic corruption in the country, and demand recovery of the missing billions in the Ilan Shor group scandal. The Kroll report aims at investigating the apparent theft of nearly one-fifth of the country's annual GDP. In a spectacular lender-of-last resort move, the Moldovan central bank was forced to issue some 16 billion lei ($870 million) in emergency loans to keep the economy afloat. The Kroll report focuses on three commercial banks that account for a third of the country…
The Love of Money and Pay Level Satisfaction: Measurement and Functional Equivalence in 29 Geopolitical Entities around the World
2006
Demonstrating the equivalence of constructs is a key requirement for cross-cultural empirical research. The major purpose of this paper is to demonstrate how to assess measurement and functional equivalence or invariance using the 9-item, 3-factor Love of Money Scale (LOMS, a second-order factor model) and the 4-item, 1-factor Pay Level Satisfaction Scale (PLSS, a first-order factor model) across 29 samples in six continents (N = 5973). In step 1, we tested the configural, metric and scalar invariance of the LOMS and 17 samples achieved measurement invariance. In step 2, we applied the same procedures to the PLSS and nine samples achieved measurement invariance. Five samples (Brazil, China,…
La théorie des tournois appliquée aux joueurs de tennis professionnels : peut-on encore parler d’incitations à la performance ?
2011
L’objet de cet article est d’appliquer la theorie des tournois aux joueurs du tennis professionnel masculin. Deux nouveaux indicateurs de mesure de la performance des joueurs sont introduits, afin de prendre en compte le niveau de l’opposition. Les estimations econometriques sont effectuees, par la methode des Moindres Carres Ordinaires, sur l’ensemble des tournois disputes par les 30 meilleurs joueurs classes a l’ATP au cours de l’annee 2007. Les resultats obtenus valident bien, conformement a une des predictions de la theorie des tournois, l’existence d’un effet incitatif associe a la performance, a savoir qu’une structure de prix inegalitaire entre les tours du tournoi augmente la perfor…
法国货币理论文选汇编 Faguo huo bi li lun wen xuan hui bian
2021
This book gathers several important texts and offers a general overview of the institutionalist approach to money developed in France since the 1980s.These texts highlight the specificities of the French monetary approaches and display their main contributions to the understanding of monetary phenomena - not just in our developed market economies, but also in other societies. By bringing these works to an English-speaking audience for the first time, this book provides a much needed and valuable direct insight to these rich texts, and contributes to related approaches such as post-Keynesian economics and neo-chartalist approaches to money. This book highlights the need for a global vision o…
Debating Sound Money in Early Modern Europe: From Dualist to Metallic Monetary Systems
2019
International audience; In this paper, we present the monetary debates in Europe from the XVIth to the XVIIIth centuries from the viewpoint of the problem of good and sound money. The framework of the paper is built on a typology of monetary systems, by which a dualist system is distinguished from a metallic one. Under the dualist system, the value in units of account of the specie in circulation was defined by monetary proclamations (Einaudi locates this era from Charlemagne to the French Revolution). Metallist proponents aimed at preventing any kind of manipulations with a radical transformation of the system of payment, which gave birth to a metallic monetary system from the very end of …
Accounting identities : more that just bookkeeping conventions
2006
Monetary circulation, the paradox of profits, and the velocity of money
2007
Recent papers have reconsidered the paradox of profits, that is the difficulty to explain how monetary profits can be generated when firms borrow only the wage bill to finance their production. In this article, we use a stock-flow consistent approach give a solution to this paradox assuming that, when firms sell goods at prices which exceed their unit costs, the realised monetary profits are not used to pay back banks. These profits then remain in the circuit, allowing additional transactions. In a sense, profits result from their own expenditure. According to this interpretation, the velocity of money is higher than one because some monetary units are used in several transactions of goods.