Search results for "Cash"

Conditional cash transfers : empowerment resilience and good behaviours in development policies.

2018

Empowerment, resilience and poverty reduction strategies seem to be bound by mutual exclusion. Through poverty reduction and empowerment, people escape poverty and precarization processes by acquiring capabilities that give them both economic and existential stability; in a word, they acquire human resilience. Nevertheless, the relationship between the three concepts and their corresponding practices is characterized by a complementary link that works as a matrix of neoliberal subjectivation processes that involve both men and women on a global level. Said link is a broad and diverse one where other practices and concepts interact: i.e. vulnerability, securitization, care, responsibility an…

Selecting the best risk measure in multiobjective cash management

2018

Service Shutdowns and Compensation: Cash Refunds or Vouchers?

2021

Government mandated shutdowns in response to the COVID-19 pandemic have led to a vast number of service cancellations and a heated debate on compensation policies. Service providers pushed for vouchers as a means of compensation, whereas customers demand cash refunds or generous vouchers that compensate for postponed service. Regulators, at the same time, insist that customers must be granted the right to be reimbursed in money. To address the debate, this paper develops an analytical framework to study the profitability and efficiency of different compensation policies following shutdown. Surprisingly, we find that the voucher-only policy dominates the hybrid policy that offers customers t…

Giant reedasenergycropforSouthernItaly: An economicfeasibilitystudy

2016

Among renewablesourcesgiantreedhasattractedagrowinginterestasenergycropespeciallyin Southern Europe,thankstoitslowagronomicinputrequirements.Thispaperaimedatevaluatingthe economic feasibilityofintroductionofgiantreedplantationasenergycropintheSouthernItaly.In particular,aneconomicand financial analysiswasperformedbycomparinggiantreed(bothfor woodchip andchoppedforageproduction)withtraditionalcrops(pluriannualandannual)thatare currentlycultivatedinthesamearea,suchaswinegrape,melonandtomato.Resultsshowedthehighest profitability ofgiantreedrespecttoothercropswithcurrentmarketprices.Inparticular,giantreed destined towoodchipproductiondenotedthehighestannualgrossmarginwithavalueof647.10 € ha1, f…

The recent change in the Italian policies for photovoltaics: Effects on the payback period and levelized cost of electricity of grid-connected photov…

2015

Abstract This paper provides an economic analysis of the investment in grid-connected PV (photovoltaic) systems installed on the rooftops of buildings located in densely urbanised contexts. The analysis was applied to some case studies that were selected as representative of the latitudes of the southern, central and northern Italy. The returns of the investment in PV systems were investigated with the aim of comparing the impact of the current PV policy, based on the tax credit scheme, with the FIT (feed-in tariff) scheme, in force until July 2013. The cash flows related to the disbursements and benefits during the lifetime of the investment were computed for each combination of orientatio…

Conclusioni

2012

La macroecomia della finanza ha ridotto i vincoli di libertà delle nazioni in assenza di una codificazione delle regole condivise da tutti i partecipanti al sistema economico internazionale. La dimensione spaziale della crescita, invece, è probabilmente una risposta adatta ai processi di cambiamento in atto e complementare alle risposte fino ad oggi fornite. La marginalità per lo sviluppo regionale, ovvero l’ampia utilizzazione di giacimenti economici, individuali, innovativi poco esplorati, assume un valore strategico perché rivaluta, nell’ambito dei processi di cambiamento economico, l’importanza dei contesti regionali e locali nei loro diversi ambiti. sfida e una scelta per il cambiament…

The Heisenberg picture in the analysis of stock markets and in other sociological contexts

2007

We review some recent results concerning some toy models of stock markets. Our models are suggested by the discrete nature of the number of shares and of the cash which are exchanged in a real market, and by the existence of conserved quantities, like the total number of shares or some linear combination of the cash and the shares. This suggests to use the same tools used in quantum mechanics and, in particular, the Heisenberg picture to describe the time behavior of the portfolio of each trader. We finally propose the use of this same framework in other sociological contexts.

An analysis of feed’in tariffs for solar PV in six representative countries of the European Union

2014

Abstract In this paper, after a brief review on the main support policies for Photovoltaic (PV) systems in Europe, the specific situations of six representative countries (France, Germany, Greece, Italy, Spain and the U.K.) are examined, with the purpose of highlighting the main differences in the implementation of the feed’in tariff (FiT) support policies adopted for PV systems. In particular, a comparison based on the calculation of economic indexes, as the Discounted Cash Flows (DCF), the Pay-Back-Period (PBP), the Net Present Value (NPV) and the Internal Rate of Return (IRR), for different sized PV systems shows that a specific FiT can sometimes be inconvenient for the producer and that…

The value relevance of earnings, operating cash flow and accruals: A study on UK data

2003

The purpose of the work reported in this paper is to establish the value relevance of earnings, operating cash flows and accruals for UK companies. Innovations in this paper are threefold: the use ...

Stimulating economic growth in the least developed countries: direct cash transfers for the retired via mobile phones

2013

The result of current aid policies is that only a small percentage of foreign aid reaches the poorest of the poor in the least developed countries. Current trends of urbanisation and self-reliance place elderly people in an increasingly difficult situation. This paper aims to stimulate debate by introducing an alternative mechanism for foreign aid. With the help of an economic model, we demonstrate how direct cash transfers to elderly people can spur economic growth. Targeting all elderly people above a certain age minimises selection costs and removes perverse incentives. The use of new mobile phone technologies reduces transaction costs and makes our proposed modality feasible including i…