Search results for "participants"

showing 10 items of 23 documents

Pricing of electricity futures based on locational price differences : The case of Finland

2018

We find that the pricing of Finnish electricity market futures has been inefficient during the latest 10 years, when the trading volumes of Electricity Price Area Differentials (EPADs) have more than doubled. Even though the calculated futures premium on EPADs is related to some risk measures and the variables capturing the demand and supply conditions in the spot electricity markets, there has been a significant positive excess futures premium in the Finnish market, and financial market participants should have been able to utilize this also in economic terms. This finding is new and relevant for the participants of the Nordic electricity markets also in the future, because both the specul…

ArbitrageEconomics and EconometricsFinancial economicsElectricity price020209 energyRisk premiumhinnoittelu02 engineering and technologySupply and demandsähkö0502 economics and business0202 electrical engineering electronic engineering information engineeringEconomicsElectricity market050207 economicssähkömarkkinatta512riskitta511business.industryEPAD05 social sciencesriskipreemiorisk premiumGeneral EnergyNordic electricity marketelectricity futuresElectricityArbitragebusinessFutures contractFinancial market participantsEnergy economics
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Trend Switching Processes in Financial Markets

2010

For an intriguing variety of switching processes in nature, the underlying complex system abruptly changes at a specific point from one state to another in a highly discontinuous fashion. Financial market fluctuations are characterized by many abrupt switchings creating increasing trends (“bubble formation”) and decreasing trends (“bubble collapse”), on time scales ranging from macroscopic bubbles persisting for hundreds of days to microscopic bubbles persisting only for very short time scales. Our analysis is based on a German DAX Future data base containing 13,991,275 transactions recorded with a time resolution of 10− 2 s. For a parallel analysis, we use a data base of all S&P500 stocks …

Collective behaviorFinancial marketMarket participantFinancial crisisEconometricsTime horizonVolatility (finance)Futures contractFinancial market participants
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Entrepreneurship Training and Self-Employment among University Graduates

2012

In economies characterized by low labor demand and high rates of youth unemployment, entrepreneurship training has the potential to enable youth to gain skills and create their own jobs. This paper presents experimental evidence on a new entrepreneurship track that provides business training and personalized coaching to university students in Tunisia. Undergraduates in the final year of licence appliquee were given the opportunity to graduate with a business plan instead of following the standard curriculum. This paper relies on randomized assignment of the entrepreneurship track to identify impacts on labor market outcomes one year after graduation. The analysis finds that the entrepreneur…

DISADVANTAGED YOUTHEMPLOYMENT PROGRAMSUNIVERSITY STUDENTSFINANCIAL ANALYSISEXAMSENTREPRENEURSHIP SUPPORTPRIVATE SECTOR JOBSCLASSROOMEMPLOYMENT OPPORTUNITIESEMPLOYMENTACTIVE LABOR MARKETHIGH UNEMPLOYMENTPERSONALITYPRESENT EVIDENCEINFORMATION ABOUT CREDITENTREPRENEURIAL ACTIVITIES[ SHS.EDU ] Humanities and Social Sciences/EducationWORKERSENROLLMENT RATESBUSINESS OWNERSWAGE SUBSIDYEMPLOYMENT OUTCOMESGRADUATION RATEOCCUPATIONSMENTAL HEALTHPUBLIC SECTOR JOBSLABOR MARKET OUTCOMESYOUTH TRAININGCOLLEGE GRADUATEINTERVENTIONSEARNINGSREADINGSKILLED WORKERSBUSINESS TRAININGSALARIED EMPLOYMENT[SHS.EDU]Humanities and Social Sciences/EducationCOMPETENCIESLOCAL EMPLOYMENT OFFICEVENTURE CAPITAL FIRMWORKERUNEMPLOYEDUNIVERSITY PROFESSORSPLAYINGHIGHER EDUCATIONJOB SEARCHLITERACYRECOGNITIONENTREPRENEURSHIP TRAININGSTHINKINGBUSINESS SURVIVALSURVIVAL RATESYOUTH UNEMPLOYMENTEMPLOYABILITYLABOR DEMANDUNEMPLOYMENT SPELLSATTRITIONMINIMUM WAGESKILLS DEVELOPMENTPROFITABILITYFINANCIAL LITERACYPRODUCTIVITY GROWTHENTREPRENEURSPREVIOUS SECTIONGROSS ENROLLMENTSPORTSUNIVERSITY DEGREEEMPLOYMENT STATUSLABOUREXCLUSIONYOUTH UNEMPLOYMENT RATESTART-UPHUMAN DEVELOPMENTNEW BUSINESSESYOUTH EMPLOYMENTPOST-SECONDARY EDUCATIONACADEMIC YEARACCESS TO INFORMATIONUNEMPLOYMENT RATEEMPLOYMENT RATEMINISTRIES OF EDUCATIONBUSINESS PLANLABOR ECONOMICSTELECOMMUNICATIONSJOB SATISFACTIONWAGE SUBSIDY PROGRAMSSOCIAL NETWORKYOUNG WORKERSGROSS ENROLLMENT RATESLOANProgram evaluationPRIVATE SECTOR WAGEMICROFINANCEWAGE SUBSIDIESDEVELOPMENT BANKINDIVIDUAL ENTREPRENEURSHIPComputingMilieux_THECOMPUTINGPROFESSIONGRADUATION REQUIREMENTSPRIVATE SECTOR JOBPUBLIC EMPLOYMENTATTENTIONSALARIED WORKERSKILLS TRAININGSTART-UP CAPITALLEADERSHIPGENDERADMINISTRATIVE RECORDSON-THE-JOB TRAININGFEMALE ENTERPRISEENTREPRENEURSHIP DEVELOPMENTLOCAL EMPLOYMENT OFFICESLABOR FORCE SURVEYPRELIMINARY EVIDENCEEMPLOYERSGRADUATES WITH SKILLSENTREPRENEURFAMILIESTRAINING PROGRAMSEMPLOYMENT OFFICEYOUTH UNEMPLOYMENT RATESCLASSROOM TRAININGJOB OPPORTUNITIESFIRM SIZEUNDERGRADUATESJOBSCURRICULUMUNIVERSITY GRADUATESEMPLOYMENT PROGRAMPUBLIC SECTOR JOBTRAINING PROGRAMMINISTRY OF EDUCATIONTRAINING COURSEUNEMPLOYED YOUTHTRAINING COMPONENTCOMMUNITY COLLEGEENTREPRENEURIAL ACTIVITYEMPLOYMENT IMPACTSSelf-employmentPREVIOUS STUDIESSELF-EMPLOYMENTLACK OF ACCESSLABOR MARKETELIGIBLE STUDENTSSOCIAL COHESIONVOCATIONAL TRAINING PROGRAMSCONTROL GROUPSTECHNICAL KNOWLEDGETERTIARY EDUCATIONGROWTH OPPORTUNITIESSOCIAL SECURITYLITERATURELABOR MARKET EXPERIENCETRAINING PARTICIPANTSECONOMIC CHARACTERISTICSPERSONALITY TRAITSEntrepreneurship trainingDEVELOPMENT CENTERCREDIT CONSTRAINTSEMPLOYMENT POLICIESBUSINESS PLANSOPEN ACCESSTRAINING CONTENTMICRO ENTERPRISESPAPERSWAGE EMPLOYMENTACTIVE LABOR MARKET PROGRAMSJOB OFFERSUBSTITUTION EFFECTPRIVATE SECTORCREDIT ACCESSBehavioral skill[SHS.EDU] Humanities and Social Sciences/EducationHOUSEHOLD INCOMEMICROFINANCE INSTITUTIONSYOUTH TRAINING PROGRAMTEACHINGLEARNINGACCESS TO CREDITPSYCHOLOGYACHIEVEMENTINTERNATIONAL BANKVENTURE CAPITALACCESS TO JOBSUNIVERSITIESPROGRAM BENEFICIARIESSoft skillMOTIVATIONRECALLCREDIT APPLICATIONSLABOR FORCEFINANCIAL SUPPORTBUSINESS NETWORKSMICRO FINANCEVOCATIONAL TRAININGENTREPRENEURIAL SKILLSYouth employmentENTREPRENEURSHIP TRAININGLACK OF INFORMATIONACTIVE LABOR
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The signaling effects of central bank tone

2021

Abstract Does policymakers’ choice of words matter? We assess empirically whether the tone of FOMC statements contains useful information for financial market participants and explore the nature of the information conveyed. We quantify central bank tone using computational linguistics. We find that the tone of FOMC statements explains monetary surprises beyond FOMC information released on policy announcement days such as policymakers’ forecasts and votes. We also find that the FOMC tone matters more around monetary cycle turning points. We show that the tone of policy statements also helps predict future policy decisions. Our findings suggest that the central bank tone may be one of the veh…

Economics and EconometricsInformation transfermedia_common.quotation_subject05 social sciencesMonetary economicsTone (literature)Central bankPolicy decision0502 economics and businessEconomicsDissent050207 economicsComputational linguisticsFinance050205 econometrics media_commonFinancial market participantsEuropean Economic Review
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Clusters of Traders in Financial Markets

2020

In this chapter we discuss Aoki’s work on the description of clusters of economic agents acting in a market. Specifically, we briefly discuss his work on the Ewens distribution and its application in a model of stock market with heterogeneous agents. We then review recent empirical analyses on the heterogeneity of financial market participants and make a working hypothesis for an empirical study on the distribution of the number of clusters of market participants in a real stock market monitored with a resolution down to the shadowed identity of market participants.

Financial economicsbusiness.industryFinancial marketDistribution (economics)Representative agentWorking hypothesisBehavioral economicsStock market - Ewens distribution - Representative agent - Behavioral finance - Individual investorSettore FIS/07 - Fisica Applicata(Beni Culturali Ambientali Biol.e Medicin)Empirical researchEconomicsStock marketbusinessFinancial market participants
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Lessons from the 2018-2019 European droughts : a collective need for unifying drought risk management

2022

Funding Information: This open-access publication was funded by the University of Freiburg. Funding Information: Financial support. The project is supported by the Wassernetzwerk Baden-Württemberg (Water Research Network of the State Baden-Württemberg), which is funded by the Ministerium für Wissenschaft, Forschung und Kunst Baden-Württemberg (Ministry of Science, Research and the Arts of the State Baden-Württemberg) (grant no. AZ. 7532.21/2.1.6) and Maa-ja vesitekniikan tuki ry foundation. Doris E. Wendt acknowledges her support as part of the NERC-funded Groundwater Drought Initiative (NE/R004994/1). Lucy J. Barker was supported by the Natural Environment Research Council (NE/R016429/1) a…

IMPACTSdrought ; risk ; management ; strategy ; stakeholders ; EuropeHidrologíamedia_common.quotation_subjectWATER-RESOURCESCIRCULATIONVulnerabilityEarth and Planetary Sciences(all)Oceanografi hydrologi och vattenresurserMETEOROLOGICAL DROUGHT/dk/atira/pure/sustainabledevelopmentgoals/clean_water_and_sanitationEVENTSOceanography Hydrology and Water ResourcesShort summary: Recent drought events caused enormous damage in Europe. We therefore questioned the existence and effect of current drought management strategies on the actual impacts and how drought is perceived by relevant stakeholders. Over 700 participants from 28 European countries provided insights into drought hazard and impact perception and current management strategies. The study concludes with an urgent need to collectively combat drought risk via a European macro-level drought governance approach.11. SustainabilityMeteorology & Atmospheric SciencesLife ScienceGeosciences MultidisciplinaryEnvironmental planningmedia_commonScience & TechnologyWIMEKCorporate governanceGeologyDirectiveHazard6. Clean waterWater Resources ManagementWater resourcesGeographyHarm13. Climate actionPhysical SciencesWater ResourcesGeneral Earth and Planetary SciencesWater Systems and Global ChangePsychological resilienceHydrologySDG 6 - Clean Water and SanitationDiversity (business)Natural Hazards and Earth System Sciences
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Worldwide trends in hypertension prevalence and progress in treatment and control from 1990 to 2019: a pooled analysis of 1201 population-representat…

2021

Background: hypertension can be detected at the primary health-care level and low-cost treatments can effectively control hypertension. We aimed to measure the prevalence of hypertension and progress in its detection, treatment, and control from 1990 to 2019 for 200 countries and territories. Methods: we used data from 1990 to 2019 on people aged 30-79 years from population-representative studies with measurement of blood pressure and data on blood pressure treatment. We defined hypertension as having systolic blood pressure 140 mm Hg or greater, diastolic blood pressure 90 mm Hg or greater, or taking medication for hypertension. We applied a Bayesian hierarchical model to estimate the prev…

MaleLatin AmericansNutrition and DiseaseEpidemiology[SDV]Life Sciences [q-bio]MedizinBLOOD-PRESSURE030204 cardiovascular system & hematologyWorldwide trends in hypertension prevalence and progress in treatment and control from 1990 to 2019: a pooled analysis of 1201 population-representative studies with 104 million participants.Hypertension ; Prevalence ; Control ; TretamentGUIDELINESGlobal HealthWorldwide trends0302 clinical medicineHypertension prevalenceVoeding en ZiekteMedicine and Health Scienceskohonnut verenpainePrevalenceMedicine030212 general & internal medicinePrevention and Control11 Medical and Health SciencesComputingMilieux_MISCELLANEOUSHypertension prevalenceeducation.field_of_studyfood and beveragesPublic Health Global Health Social Medicine and EpidemiologyGeneral MedicineNoncommunicable diseases; Hypertension; Period prevalenceMiddle Agedkansainvälinen vertailu3142 Public health care science environmental and occupational health3. Good healthMIDDLE-INCOMEPooled analysisBLOOD-PRESSURE; SYSTEMATIC ANALYSIS; INCOME COUNTRIES; MIDDLE-INCOME;ADULTS;PREVENTION;GUIDELINES;MANAGEMENT;ADHERENCE;DIAGNOSISWestern europeHypertension[SDE]Environmental SciencesHypertension/diagnosisNCD Risk Factor Collaboration (NCD-RisC)FemaleB990 Subjects Allied to Medicine not elsewhere classifiedLife Sciences & BiomedicineAdulthealth-careesiintyvyysCentral asiaPopulationNursing.3121 Internal medicineDIAGNOSIS03 medical and health sciencesMedicine General & InternalADHERENCEDrug TherapyGeneral & Internal MedicineControlMANAGEMENTSYSTEMATIC ANALYSISLife ScienceHumansddc:610INCOME COUNTRIESeducationAntihypertensive AgentsVLAGAgedScience & TechnologyAntihypertensive Agents/therapeutic usebusiness.industryOmvårdnadfungiGeneral and internal medicineADULTSEstados de Saúde e de DoençaPREVENTIONTaking medicationTreatmentFolkhälsovetenskap global hälsa socialmedicin och epidemiologiBlood pressureFaculdade de Ciências Sociais3121 General medicine internal medicine and other clinical medicinelääkehoito1182 Biochemistry cell and molecular biologybusinessDemography
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Comparing Long-Acting Antipsychotic Discontinuation Rates Under Ordinary Clinical Circumstances: A Survival Analysis from an Observational, Pragmatic…

2021

Background Recent guidelines suggested a wider use of long-acting injectable antipsychotics (LAI) than previously, but naturalistic data on the consequences of LAI use in terms of discontinuation rates and associated factors are still sparse, making it hard for clinicians to be informed on plausible treatment courses. Objective Our objective was to assess, under real-world clinical circumstances, LAI discontinuation rates over a period of 12 months after a first prescription, reasons for discontinuation, and associated factors. Methods The STAR Network ‘Depot Study’ was a naturalistic, multicentre, observational prospective study that enrolled subjects initiating a LAI without restrictions …

MalePediatricsrespectively)0302 clinical medicineDelayed-Action PreparationBrief Psychiatric Rating ScalePharmacology (medical)he STAR Network ‘Depot Study’ prospectively followed 394 subjects initiating treatment with long-acting injections (LAIs) of antipsychotics under naturalistic conditions for 12 months. LAI discontinuation was frequent in everyday clinical practice in ItalyOriginal Research ArticleProspective StudiesProspective cohort studytreatmentMental DisordersHazard ratiowhereas more than half of participants initiating risperidone LAI and olanzapine LAI discontinued during the 12 months of follow-up (51.4 and 62.5%Psychiatric Status Rating ScaleMiddle Agedside efectsPsychiatry and Mental healthItalyMental DisorderFemalehe STAR Network ‘Depot Study’ prospectively followed 394 subjects initiating treatment with long-acting injections (LAIs) of antipsychotics under naturalistic conditions for 12 months. LAI discontinuation was frequent in everyday clinical practice in Italy occurring in almost 40% of the entire sample; side efects participant refusal to continue LAIs and LAIs no longer being required were the most frequently reported reasons for discontinuation. Paliperidone LAI and aripiprazole LAI were the least discontinued medications (33.9 and 35.4% respectively) whereas more than half of participants initiating risperidone LAI and olanzapine LAI discontinued during the 12 months of follow-up (51.4 and 62.5% respectively). In multivariate analysis being prescribed olanzapine LAI and poor medication adherence at baseline were signifcantly associated with higher discontinuation risk.HumanAntipsychotic Agentsmedicine.drugPsychopathologyAdultmedicine.medical_specialtyDiscontinuationFollow-Up StudieMedication Adherence03 medical and health sciencesmedicineHumansPaliperidoneAdverse effectSettore MED/25 - Psichiatriadiscontinuation ratesPsychiatric Status Rating Scalesrespectively). In multivariate analysisbusiness.industryLong-Acting Antipsychoticlong-acting injectable antipsychoticsSurvival AnalysisConfidence intervalparticipant refusal to continue LAIs and LAIs no longer being required were the most frequently reported reasons for discontinuation. Paliperidone LAI and aripiprazole LAI were the least discontinued medications (33.9 and 35.4%030227 psychiatryDiscontinuationProspective StudieAntipsychotic Agentoccurring in almost 40% of the entire sampleDelayed-Action PreparationsNeurology (clinical)business030217 neurology & neurosurgerybeing prescribed olanzapine LAI and poor medication adherence at baseline were signifcantly associated with higher discontinuation riskFollow-Up Studies
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Turbulence and financial markets

1996

MultidisciplinaryMarket depthIndirect financeFinancial marketFinancial intermediaryMarket dataEconomicsFinancial systemCapital marketFinancial market efficiencyFinancial market participantsNature
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Cultural institutions as agents of urban and community regeneration in the (post-)pandemic city. The case of the «Laboratorio Zen Insieme» in Palermo

2022

Although all cities in the world have been affected by the COVID-19 pandemic, its impacts on the territories, yet to be understood, are unevenly distributed, revealing extremely varied imbalances depending on the places. However, it is clear that the virus and its variants have aggravated pre-existing socio-spatial inequalities, creating new ones and bringing attention back to those implications between space, planning, public health and citizenship that are at the origins of contemporary urbanism. In a reference framework in which the crisis is globalized but unequal and in the absence of a welfare system capable of responding to the urgencies of the most marginalized social contexts and g…

Olsen 2018Settore ICAR/21 - UrbanisticaSettore M-GGR/01 - GeografiaSacco and Blessi 2009). In the current (post-) pandemic context and through the lens of a southern European perspective the purpose of this article is to critically reflect about the role of culture as possible vehicle of urban and community regeneration. In particular we will focus on the activities of the no profit organization «Laboratorio Zen Insieme» in ZEN2 one of the last large popular and peripheral neighborhoods built in Palermo at the end of 80s in order to explore and understand how cultural practices work as agent of urban and social transformation capable of addressing emerging issues especially in the pandemic scenario we are experiencing. Thecasestudy has been conducted through analysis of documents participative observations (Honer and Hitzler 2015) and qualitative in-depth interviews with key actors involved in the conception organization and management of the activities carried out by Laboratorio Zen Insieme with representatives of local institutions and non-formal conversations with participants of the workshops heldin the neighborhood. The experience we narrate finds that cultural practices have re-conceptualized their design and functions as strategies of urban and community regeneration and at the same time have contributed to answer to emergent issues in developing proximity and local based strategies facing up to problems inherent civil rights educationalpoverty socio-spatial justice and have changed the image and identity of urban places they inhabit.In this sense the research provides a framework for development of strategies and legitimization for cultural practices and a point of discussionabouttheirrolein urban development.Although all cities in the world have been affected by the COVID-19 pandemic its impacts on the territories yet to be understood are unevenly distributed revealing extremely varied imbalances depending on the places. However it is clear that the virus and its variants have aggravated pre-existing socio-spatial inequalities creating new ones and bringing attention back to those implications between space planning public health and citizenship that are at the origins of contemporary urbanism. In a reference framework in which the crisis is globalized but unequal and in the absence of a welfare system capable of responding to the urgencies of the most marginalized social contexts and groups a response to the new social and individual needs has been offered by cultural institutions that play a role of territorial agency often independently or in the absence of political institutions. Far from the idea of entertainment and divertissement it is in fact increasingly clear how the practices of cultural innovation experimenting with various forms of action and participation can in some cases play a fundamental role in the processes of social cohesion and community building representing an antidote to the worsening of the phenomena of marginalization and socio-spatial inequalities within cities and territories (Colantonio and Dixon 2011
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