Search results for "capital"
showing 10 items of 1690 documents
La sonrisa del éxito: figuraciones de una subjetividad exigida
2014
El presente artículo analiza cómo se afianza en la escena social la corporalidad del liderazgo. Para ello, aborda imágenes y narrativas que circulan en los entramados simbólicos de la cultura del bienestar, que también se denomina como cultura activa. El cuerpo del liderazgo se ofrece al público mediante estrategias positivas y negativas. Éstas, en la medida que encumbran el estilo de vida activo, demonizan aquellas prácticas que no responden a los valores sanitarios y productivos promulgados por el ethos empresarial emergente. Se concluye que la encarnación de una subjetividad emprendedora se impone paulatinamente como parámetro de integración de un individuo en los diagramas económicos y …
The impact of quantitative easing on UK bank lending: Why banks do not lend to businesses?
2021
Abstract The growing proportion of UK bank lending to the financial sector reached a peak in 2007 just before the onset of the Global Financial Crisis (GFC). This marks a trend in the dwindling amount of bank lending to private sector non-financial corporations (PNFCs), which was exacerbated with the Great Recession. Many central banks aimed to revive bank lending with quantitative easing (QE) and unconventional monetary policy. We propose an agent based computational economics (ACE) model which combines the main factors in the economic environment of QE and Basel regulatory framework to analyse why UK banks do not prioritize lending to non-financial businesses. The lower bond yields caused…
Economic Support during the COVID Crisis. Quantitative Easing and Lending Support Schemes in the UK
2021
Abstract We investigate how UK bank business lending responded to the simultaneous use of quantitative easing, leverage ratio capital requirements, and government COVID lending support schemes. We find no evidence that the Brexit wave increased lending to nonfinancial businesses, compared to the previous waves, except for QE-banks subject to the UK leverage ratio, suggesting that the ratio incentivised QE-banks to lend to businesses. The government schemes helped expand lending especially to SMEs post the COVID wave, indicating that complementing QE with other credit easing programmes can reinforce its impact on lending to the real economy. During COVID-stress, changes to the UK leverage ra…
Optimal Dynamic Portfolio Risk Management
2016
Numerous econometric studies report that financial asset volatilities and correlations are time-varying and predictable. Over the past decade, this knowledge has stimulated increasing interest in various dynamic portfolio risk control techniques. The two basic types of risk control techniques are: risk control across assets and risk control over time. At present, the two types of risk control techniques are not implemented simultaneously. There has been surprisingly little theoretical study of optimal dynamic portfolio risk management. In this paper, the author fills this gap in the literature by formulating and solving the multi-period portfolio choice problem. In terms of dynamic portfoli…
Le système palatial franc: genèse et fonctionnement dans le nord-ouest du regnum
1990
Barbier Josiane. Le système palatial franc : genèse et fonctionnement dans le nord-ouest du regnum.. In: Bibliothèque de l'école des chartes. 1990, tome 148, livraison 2. pp. 245-299.
Female sexual signaling in a capital breeder, the European glow-worm Lampyris noctiluca
2021
AbstractTheory predicts that because costs constrain female sexual signaling, females are expected to have a low signaling effort that is increased with passing time until mating is secured. This pattern of signaling is expected to result from females balancing the costs associated with a higher than optimal signaling effort and those costs associated with a low signaling effort that increase the likelihood of delayed mating. We tested whether this prediction applies in the common glow-worm Lampyris noctiluca (Coleoptera, Lampyridae), a capital breeding species in which females glow at night to attract males. Contrary to predictions, we found that the duration of female sexual signaling sig…
Future Cities. Urban Transformation and Sustainable Development
2016
The complex urban reality, in continuous evolution, are characterized by buildings, facilities, equipment, human capital, social capital and the ability to create sustainable economic development. Today, urban planning is called to respond to the new needs of the community, for this reason it is necessary to avoid the mistakes made in the past and think of a plan to be adapted to the change. All this is possible through the implementation of participatory strategic actions which ensure high levels of quality of life as well as responsible management of land resources. This outlines the concept of sustainable development and resilient cities, forcefully entered in today’s urban paradigm, bec…
Exploring how social interactions influence regulators and innovators: The case of regulatory sandboxes
2020
Like incubators, regulatory sandboxes constitute a prominent mechanism to enable entrepreneurial activities that guide financial technology (FinTech) firms through regulatory frameworks in the financial industry. Because they are new, there is a lack of research on regulatory sandboxes; most studies have investigated legal aspects while overlooking the management perspective. To address this gap, this paper builds on incubation research studies to explore how social interactions within regulatory sandboxes influence the practices of regulators and regulatees, using social capital theory. An exploratory-abductive approach is adopted, using data collected from 16 semi-structured interviews. T…
Soft Innovation Resources: Enabler for reversal in GDP Growth in the Digital Economy
2018
While Finland and Singapore have been maintaining world digital leaders position, they demonstrate interlaced contrast: high welfare with low GDP growth in Finland and higher GDP growth with lower welfare in Singapore. This provokes an uncaptured GDP postulate that Finnish wellbeing has developed more than one might conclude by GDP. However, a recent reversal in the GDP growth trend suggests the possibility that uncaptured GDP contributes to remove structural impediments in GDP growth.This paper demonstrates this hypothesis. An empirical analysis elucidating the inside the national accountings and institutional systems revealed that soft innovation resources have substituted for service cap…
Coupling News Sentiment with Web Browsing Data Improves Prediction of Intra-Day Price Dynamics
2015
The new digital revolution of big data is deeply changing our capability of understanding society and forecasting the outcome of many social and economic systems. Unfortunately, information can be very heterogeneous in the importance, relevance, and surprise it conveys, affecting severely the predictive power of semantic and statistical methods. Here we show that the aggregation of web users' behavior can be elicited to overcome this problem in a hard to predict complex system, namely the financial market. Specifically, our in-sample analysis shows that the combined use of sentiment analysis of news and browsing activity of users of Yahoo! Finance greatly helps forecasting intra-day and dai…