Search results for "Exchange"
showing 10 items of 2035 documents
A comparison of internal and international barriers to trade
1999
In a world in which barriers to trade at all levels - international and internal - are mostly a by-product of the implementation by governments of different regulatory policies to deal with domestic or local problems, the mechanisms that are set in motion by the operation of competition among the governments inhabiting the different jurisdictional tiers of federal countries lead to outcomes that are different from those generated by the 'agreed-upon' rules that govern the relations of national governments with each other in matters of international trade. A model is used to compare two ways of dealing with the external damages that are consequent on the pursuit of beneficial domestic regula…
Presentación del Monográfico: una mirada a la emigración española cualificada reciente: Estado de la cuestión y enfoques teóricos
2018
The study of qualified emigration has returned to the political and scientific agendas in recent decades. Currently the theoretical approaches have changed from a completely renewed economic, political, social and technological context. This article presents a summary of these new approaches and a current overview of skilled migration of Spaniards, based on a review of the specialized literature.
A standard conceptual framework for the study of subjective time.
2019
Research on the mental representation of time ('subjective time') has provided broad insights into the nature of time perception and temporal processing. As the field comprises different scientific disciplines, such as psychology, philosophy, and neuroscience, studies differ with regard to the basic terms and concepts used. For this reason, research on subjective time lacks a coherent conceptual system. We argue that research in the field of subjective time should aim at establishing such a system, i.e., a more standardized terminology, in order to strengthen its theoretical basis and to support an efficient communication of results. Based on key empirical findings and concepts that are com…
A field induced ferromagnetic-like transition below 2.8 K in Li2CuO2: An experimental and theoretical study
1998
The low temperature magnetic properties of the Li2CuO2 compound have been investigated by means of superconducting quantum interference device magnetometry. We find in addition to an antiferromagnetic phase below 9.5 K a ferromagnetic-like steep rise of the magnetization around 2.8 K. The observed low temperature behavior is discussed by considering second and fourth order magnetocrystalline effective anisotropy coefficients, in addition to the exchange couplings reported in the literature. Work at the Institut de Ciencia dels Materials was supported by the Spanish Comisión Interministerial de Ciencia y Technología Grant No. CICYT MAT 96-1037.
Coupling of electromembrane processes with reverse osmosis for seawater desalination: Pilot plant demonstration and testing
2022
Reverse osmosis (RO) is the most widespread technology to produce drinking water from seawater (SW). However, the integration of different membrane processes offers interesting alternatives. In this work, electromembrane processes were integrated with RO to desalinate real seawater in a pilot plant with 25 m3/day capacity. Electrodialysis (ED, either two-stage or single stage), shortcut reverse electrodialysis (scRED) and assisted reverse electrodialysis (ARED) pre-desalinated seawater before RO with the ED-ED-RO, ED-RO, and scRED-ARED-RO process schemes. Treated wastewater was used as salt sink in the scRED-ARED tests. The performance of the pilot plant can be summarized as follows: water …
A Methodology to Detect the Deviations of the Project s Budget Compared to Market Prices
2015
[EN] The budget of a project reflects the cost of the investment needed to build an infrastructure, install a system or acquire new materials or supplies. A well-formulated budget in accordance with market prices, allows contractors to prepare offers according to their technical, economic and financial characteristics. On the other hand, it avoids current philosophies that aim to get the contract at any price. Philosophies subsequently used to point out problems and claims during the execution of the project (contradictory prices, delays, etc.) in order to recover some or the entire economic bid carried out during the tendering. In this paper a simple and fast methodology is developed to ch…
Corporate Distress and Restructuring with Macroeconomic Fluctuations: The Cases of GM and Ford
2011
Traditional methods for evaluating corporate credit risk rarely consider the impact of the macro economy on corporate value and performance. We argue that lenders and management can obtain valuable information about the need for and approach to restructuring by decomposing default predictions into intrinsic and macroeconomic factors. We apply a method previously used for measuring macroeconomic exposures on default predictions in order to filter out macroeconomic factors. In this paper the method is applied on an analysis of the Z-scores for GM and Ford for the period 1996-2005. The macro-economy has affected the two firms in different ways with implications for managements and creditors ap…
Family influence on firm performance: Finnish publicly held family firm perspective
2011
The study aims at examining the effect of family influence on firm performance. An empirical focus is put on comparison of return on investment of publicly held family and non family firms in Finland. The income statement and balance sheet data of the companies covers the years 2000–2005. The study shows that families are present in 25% of the companies listed on the OMX Helsinki, Finland Stock Exchange. The data indicates that publicly held family firms create close the same value added per employee than non-family firms. According to the results, family firms are less indebted and perform slightly better than non-family firms measured by return on investment. The observations of the study…
The real effect of financial crises in the European transition economies1
2010
The aim of this work is to assess the impact of financial crises on output for 11 European transition economies (CEECs). The results suggest that financial crises have a significant and permanent effect, lowering long-term output by about 17 percent. The effect is more important in smaller countries, with relative higher dependence on external financing, and in which the banking sector noticed more important financial disequilibria. We also found that fiscal policy measures have been the most efficient tools in dealing with the crises, while the role of monetary policy instruments has been rather blinded. Exchange rate resulted to be more a propagator than a crises absorber, while the IMF c…
Institutional Contexts, the Management of Patent Portfolios, and the Role of Public Policies Supporting New EntrepreneurialVentures
2009
This chapter aims to increase our understanding of the relationships between firm strategies, the design of institutional contexts on behalf of public agents, and the stimulation of diffused entrepreneurship within the economic system. In particular, it analyzes the way in which firm patent portfolio management strategies may systematically hinder the emergence of entrepreneurial endeavors within the economic system and, on this basis, critically discusses how the acknowledgement of these interactions should influence the design of public policies at the economic system level. We argue that in economic contexts where intellectual property rights (IPR) are influential, large firms may intent…