Search results for "Funding"

Strategic quantitative easing: Stimulating investment to rebalance the economy

2013

The Bank of England’s programmes of Quantitative Easing (QE) and Funding for Lending (FLS) are failing to stimulate GDP and rebalance the economy. Both policies falsely assume that the UK’s risk-averse capital markets, corporate sector and constrained banking system can be nudged into supporting the productive economy. We propose a new approach: one that channels investment directly into new housing, infrastructure and SME lending, boosting productivity and exports. QE must become less scattergun and more strategic, with reformed governance structures to match.

Effects of seniority, gender and geography on the bibliometric output and collaboration networks of European Research Council (ERC) grant recipients.

2019

Assessing the success and performance of researchers is a difficult task, as their grant output is influenced by a series of factors, including seniority, gender and geographical location of their host institution. In order to assess the effects of these factors, we analysed the publication and citation outputs, using Scopus and Web of Science, and the collaboration networks of European Research Council (ERC) starting (junior) and advanced (senior) grantees. For this study, we used a cohort of 355 grantees from the Life Sciences domain of years 2007-09. While senior grantees had overall greater publication output, junior grantees had a significantly greater pre-post grant award increase in …

The role of product-based crowdfunding in attracting traditional startup funding

2014

Rhetoric of academic applications : Perspectives from Quentin Skinner’s Forensic Shakespeare

2019

The tools of classical and Renaissance rhetoric that Quentin Skinner uses in his Forensic Shakespeare (2014) are here applied to a contemporary context. Skinner’s discussion might have a fairly direct value for a genre of writing that most academics today must master, namely the rhetoric of applications. They have been seldom discussed from a rhetorical perspective, although knowledge of rhetoric is highly valuable for applicants, evaluators and those deciding between applications. Skinner’s book contains both advices for applicants and discussions on both the criteria of application and the possibilities of their revisions in case of innovative applications. peerReviewed

Rethinking the Finance of Post-Compulsory Education

2010

Throughout the world, the finance of education is in serious crisis. The crisis of educational finance is not limited to the problem of meeting the obligations of societies to provide some minimum amount of compulsory education for their students. This minimum does not assure the preparation of an appropriately trained labour force in a world that is increasingly technicological and in which a competitive economy requires the remplacement of traditional production processes with others based on sophisticated labour and capital. The rapid growth of post-compulsory systems of education is no longer a luxury, but a necessity for industrialization and economic development.

Análisis de las plataformas de crowdfunding social en el estado español: un estudio de casos

2018

Las actuales tecnologías de la información y comunicación han propiciado un incremento en la capacidad de agrupación virtual de la sociedad, a través de la generación de un nutrido y variado conjunto de espacios de colaboración y participación comunicativa. Ello ha generado un nuevo marco de oportunidades de fundraising para el Tercer Sector de acción social español, frente al progresivo deterioro experimentado en su financiación tradicional a raíz de la crisis económica. Un nuevo marco donde se encuentra una herramienta con potencial para reconfigurar cualitativamente las estructuras de fundraising de las entidades sociales, dando cabida a una democratización financiera desde su propia bas…

Quasi-markets Targets and the Evaluation of Nursing-home Funding in the Valencian Region

2016

EnglishSpanish long term care is in danger, therefore we propose a change in the nursing home funding system. We use as an example the extremely complex nursing home financing system of Valencian Region. In this region, there are many funding mechanisms: two types of public subsidies, two different accessibility plans, a voucher scheme and a cash benefit approach related to residential service. We evaluate these methods through the quasi-market theory. We find that these approaches have negative impact on equity, efficiency and freedom of choice and we propose a new, homogeneous financing method for all nursing homes through voucher. EnglishLong term care, nursing homes, quasi-markets, vouc…

Impacts of sovereign risk premium on bank profitability: Evidence from euro area

2021

We analyse the effects of low and negative interest rates and sovereign risk premium on bank profitability among 154 Eurozone banks during the period 2005–2019. In contrast to some of the results in the previous literature, we find that the euro area banks have not suffered too much from the extremely low and negative interest rate era regarding their net interest margins. However, the overall profitability has lowered clearly during the sample period, and the sovereign risk premium has a robust negative effect on all the overall profitability measures, both with risk-adjustment and without it, but it seems to have an increasing effect on the degree of wholesale funding and loan loss provis…

Keep the faith in banking : New evidence for the effects of negative interest rates based on the case of Finnish cooperative banks

2021

This paper analyses the profitability of Finnish cooperative banks during the period of negative nominal interest rates. Contrary to expectations, the continuous decline in money market interest rates between 2009 and 2014, and the following negative rate era, did not have adverse effects on the profitability of banks at the beginning of negative interest rate period. Based on especially using a risk-adjusted measure for bank profitability, these results contrast with previous findings. In our findings, the increasing wholesale funding (WSF) ratio seems to be an important factor. However, after 2017 the banks have not been able to improve especially their risk-adjusted profitability so stro…

On the drivers of successful crowdfunding: The case of the platform Verkami

2021

This article analyzes the determinants of successful crowdfunding initiatives using a sample of 5,251 projects from the reward-based Spanish platform Verkami. In contrast to most of the literature that has measured success with a dichotomous variable, we approach success with a continuous one, namely the ratio of achievement, which is measured as the obtained resources over the total amount requested by the promoter. We consider a set of potential determinants of success, which are theoretically well-grounded and cover a variety of spheres related to project features. Results suggest that factors related to the signaling theories such as partnership, having previous experience and interact…