Search results for "social connectedness"
showing 10 items of 43 documents
Key advantages of the leverage points perspective to shape human-nature relations
2021
This perspective paper synthesises the special issue 'Human-nature connectedness as a leverage point for sustainability transformation'. Based on the articles in this special issue, we aim to foster the operationalisation of the leverage points perspective to shape human-nature relations to enable sustainability transformations. Specifically, we draw on four key advantages of the leverage points perspective: (i) the explicit recognition of deep leverage points; (ii) the ability to examine the interactions between shallow and deep system changes; (iii) the combination of causal and teleological modes of research; and (iv) the ability to function as a methodological boundary object. The contr…
Measuring Globalization of International Trade: Theory and Evidence
2009
Measuring globalization requires a Standard of Perfect International Integration as a benchmark that a single world space would reach under conditions of geographic neutrality in international trade. We define this standard and present indicators for openness, connectedness and integration, for each specific economy, and for the world economy. We apply our indicators to data on trade flows for 59 countries for the 1967-2004 period. Results show that trade integration is higher than what traditional openness indicators suggest. Several economies find high levels of integration, but the low degree of openness in some large economies jeopardizes the progress of globalization. © 2008 Elsevier L…
Is full banking integration desirable?
2020
The aim of this paper is to analyze the links between banking integration and economic development for a sample of OECD countries. We measure banking integration considering state-of-the-art indicators that measure not only how open a banking system is but also its degree of connectedness with other banking systems. In a second stage, we plug these indicators in a model of economic growth, also controlling for other relevant variables considered by the economic growth literature. In contrast to previous initiatives, this second stage explicitly takes into account the differing levels of economic development of the countries in our sample, since the benefits of enhanced banking inte- gration…
Trade integration in the European Union: Openness,interconnectedness, and distance
2020
Abstract This article presents a set of indicators to measure regional trade integration, focusing on the case of the European Union. We propose measures of openness, connectedness and integration which are tuned to evaluate not only how these components contribute to the advance of international integration, but also to control for the potential threat posed by the proliferation of regional trade agreements to trade globalization. Although this and related questions have been examined from several perspectives, the present article explicitly attempts to quantify how regional trade agreements either intensify or thwart trade globalization. Results show that the process of trade integration …
Macro-uncertainty and financial stress spillovers in the Eurozone
2020
Abstract This paper studies macro-uncertainty and financial distress spillovers within the Eurozone. We propose a novel methodology to derive the indices of spillovers, by using a Global Vector autoregressive model fitted to data sampled at mixed-frequencies. We find that macro-uncertainty and financial stress are relatively disconnected in the Eurozone. We also show that connectedness between core and periphery Eurozone countries mainly operates through financial stress and it decreases since the outbreak of the Eurozone sovereign debt crisis (with an increasing role played by peripheral countries). As a result, investors and policymakers should monitor separately macro-uncertainty and fin…
Time and frequency dynamics of connectedness between renewable energy stocks and crude oil prices
2018
Abstract This paper examines the time and frequency dynamics of connectedness among stock prices of U.S. clean energy companies, crude oil prices and a number of key financial variables using the methodology developed by Barunik and Krehlik (2018). This approach allows measuring the dynamics of return and volatility connectedness over time and across frequencies simultaneously. The empirical results show that most of return and volatility connectedness is generated in the very short-term, i.e. movements up to five days, while the long-term plays a minor role. Our analysis further reveals a greater degree of interconnectedness across crude oil and financial markets since the onset of the U.S…
Oil price shocks, global financial markets and their connectedness
2020
Abstract This paper extends the literature on the relationship between oil price shocks and financial markets by examining the effect of oil shocks on the sovereign bond markets of a large number of advanced and emerging economies and exploring the impact of oil shocks on the degree of connectedness among international financial markets. We show that the effect of oil price shocks is not only limited to stock market returns, but also extends to bond markets, even after controlling for discount rate shocks as well as aggregate capital market effects. Unlike the case for stock markets, the effect on sovereign bonds is found to be rather heterogeneous (in terms of size and sign) and primarily …
Designing for Networked Community Resilience
2016
Abstract Communities have been described to be at the heart of the preparedness for and the response to disasters. The increasing connectedness has made communities more vulnerable for their dependence on a complex network of critical infrastructures. At the same time, this very connectedness has the potential to enable communities to self-organise, engage, and connect with other communities to improve their resilience. While the pathway to more resilience is promising and has many advocates, the response to crises and disasters, time and again reveals the challenges related to (i) ad-hoc switching from preparedness to response; (ii) ad-hoc connecting professional responders, communities, v…
The relationship between online vigilance and affective well-being in everyday life: Combining smartphone logging with experience sampling
2021
Contains fulltext : 220301.pdf (Publisher’s version ) (Open Access) Through communication technology, users find themselves constantly connected to others to such an extent that they routinely develop a mindset of connectedness. This mindset has been defined as online vigilance. Although there is a large body of research on media use and well-being, the question of how online vigilance impacts well-being remains unanswered. In this preregistered study, we combine experience sampling and smartphone logging to address the relation of online vigilance and affective well-being in everyday life. Seventy-five Android users answered eight daily surveys over five days (N = 1615) whilst having their…
Topological Logics with Connectedness over Euclidean Spaces
2013
We consider the quantifier-free languages, Bc and Bc °, obtained by augmenting the signature of Boolean algebras with a unary predicate representing, respectively, the property of being connected, and the property of having a connected interior. These languages are interpreted over the regular closed sets of R n ( n ≥ 2) and, additionally, over the regular closed semilinear sets of R n . The resulting logics are examples of formalisms that have recently been proposed in the Artificial Intelligence literature under the rubric Qualitative Spatial Reasoning. We prove that the satisfiability problem for Bc is undecidable over the regular closed semilinear sets in all dimensions greater than 1,…