Search results for "Return"

Zvaigžņotā Debess: 2007/08, Ziema

2007

Latvijas Zinātnes padome, Latvijas Universitāte

Social media monitoring: aims, methods, and challenges for international companies

2014

Purpose – The purpose of this paper is to clarify the aims, monitoring methods and challenges of social media monitoring from the perspective of international companies. Trends in the literature are also investigated. Design/methodology/approach – Based on a systematic literature review, 30 key articles from 2008 to 2012 were further analysed. Findings – International companies need real-time monitoring software, expertise and dynamic visualization to facilitate early detection and prognoses supporting strategy making. This is a costly affair, prompting questions about return on investment. A recent trend in the research literature concerns the development of models describing how issues s…

CAN RETURN MIGRATION REVITALISE LATVIA’S REGIONS? FACILITATORS AND BARRIERS TO HUMAN CAPITAL GAINS

2021

Migration researchers from East-Central Europe most often focus on the impact of ‘brain drain’ which is characterised by the loss of human capital from emigration. In this paper focus is placed on the assumption that migrants living abroad gain valuable experiences and education opportunities, that lead to personal growth, facilitate entrepreneurship and psychological resilience, amongst other important skills. This experience may be used for the revitalisation of the less-developed regions the migrants return to. To explore what facilitates or inhibits the fulfil potential of ‘brain circulation’ or gain, we use data from two large-scale surveys of return migrants in Latvia, in-depth interv…

ESTIMATION OF THE PRIVATE AND SOCIAL RATE OF RETURN FROM EDUCATION IN LATVIA

2014

IZGLĪTĪBAS PRIVĀTĀS UN SOCIĀLĀS ATDEVES NOVĒRTĒJUMS LATVIJĀ Anotācija Promocijas darba mērķis ir novērtēt izglītības ietekmi uz darba samaksu un darba produktivitāti indivīda un sabiedrības līmenī Latvijā, kā arī izstrādāt priekšlikumus izglītības nozīmes paaugstināšanai un atdeves novērtējuma lietošanai. Lai novērtētu izglītības privāto atdevi, tiek izmantota Mincera ienākumu funkcija, kā arī profesora E. de la Fuentes metodoloģija. Novērtējot sociālo atdevi, autore aprēķināja vīriešu un sieviešu (ar augstāko izglītību) cilvēkkapitālu laika posmā no 2000. līdz 2010. gadam un iegūtos rezultātus lietoja ražošanas funkcijā, aprēķinot izglītības ietekmi uz darba produktivitāti. Autore aprēķinā…

Humanities and Social Sciences Latvia, Vol. 26, N 1 (Spring-Summer)

2018

Switching to floating exchange rates, devaluations, and stock returns in MENA countries

2012

Abstract We test for the impact of the announcements of floating and/or devaluating the exchange rate on stock returns in three MENA countries after the financial crises they experienced. We, first, use an event-study methodology to test for event-induced abnormal volatility of stock returns in Egypt, Morocco and Turkey. We, then, use three different methodologies to test for abnormal returns: a traditional approach and two approaches that control for event-induced volatility. We find clear evidence of abnormal volatility and abnormal returns due to the floating of the Egyptian and Turkish exchange rates in 2003 and 2001, respectively. In contrast, our results do not show that the devaluati…

The macroeconomic effects of public investment: Evidence from advanced economies

2015

This paper provides new evidence of the macroeconomic effects of public investment in advanced economies. Using public investment forecast errors to identify the causal effect of government investment in a sample of 17 OECD economies since 1985 and model simulations, the paper finds that increased public investment raises output, both in the short term and in the long term, crowds in private investment, and reduces unemployment. Several factors shape the macroeconomic effects of public investment. When there is economic slack and monetary accommodation, demand effects are stronger, and the public-debt-to-GDP ratio may actually decline. Public investment is also more effective in boosting ou…

From NGOs to Banks: Does Institutional Transformation Alter the Business Model of Microfinance Institutions?

2017

© 2016 Elsevier Ltd In the microfinance industry an increasing number of providers are undergoing an institutional transformation from NGO to a shareholder-owned and typically regulated financial entity. Little is known about the extent to which this transformation affects the way microfinance institutions (MFIs) conduct their business. Our results obtained by applying an event study methodology to 66 transformed MFIs suggest that portfolio yield is driven down by 3.9 percentage points due to transformation, indicating that clients get more favorable interest rates. MFIs are able to significantly cut down their operational expenses, of which 1.1 percentage points can be attributed to transf…

Do market regulations reduce investment? Evidence from European regions

2016

ABSTRACTDo market regulations reduce investment? Evidence from European regions. Regional Studies. This paper investigates the impact of market imperfections on non-farm business sector investment in European regions for 1995–2007, using dynamic panel and generalized method of moments (GMM) methods for estimating a Euler equation. The results show that barriers to entrepreneurship and to trade and investment decrease the productivity of capital, which has negative effects on European regions’ investment. Corruption leads to increased operational costs, creates uncertainty and thereby deters investment. Greater labour market regulation also means higher labour costs. Hiring and firing regula…

Public capital, productive efficiency and convergence in the Spanish regions (1964-93)

1998

This paper analyses the behaviour of productive efficiency in the Spanish regions for the period 1964–93. From a growth accounting approach, it describes the regional evolution of total factor productivity (TFP'), based on a private inputs production function. A stricter measure of efficiency is then quantified, which is not equivalent to Solow's residual, since public capital is included in the production function and constant returns to scale are not imposed. Finally, on the basis of the measures of total factor productivity and efficiency, the study discusses the existence of technological convergence among Spanish regions and the role played in it by public capital. The renewed interest…