Search results

1 – 10 of over 125000
Per page
102050
Citations:
Loading...
Access Restricted. View access options

Abstract

Details

Histories of Economic Thought
Type: Book
ISBN: 978-0-76230-997-9

Access Restricted. View access options
Article
Publication date: 3 May 2016

Ryan P. Brizek, P. Georgia Bullitt, Rose F. DiMartino, Margery K. Neale and P. Jay Spinola

To describe and analyze a proposed rule recently issued by the US Securities and Exchange Commission (“SEC”) that would overhaul the use of derivatives and financial commitment…

156

Abstract

Purpose

To describe and analyze a proposed rule recently issued by the US Securities and Exchange Commission (“SEC”) that would overhaul the use of derivatives and financial commitment transactions by registered investment companies and business development companies.

Design/methodology/approach

This article summarizes the various aspects of the proposed rule, discusses the elements of the proposed rule in greater detail, explains the effect of the proposed rule on existing guidance from the SEC and its staff, and notes the potential transition period for any final rule.

Findings

While the proposed rule is subject to public comment and subsequent consideration by the SEC and its staff, if the proposed rule is adopted in its current form it would result in sweeping changes for registered investments companies and business development companies.

Originality/value

This article contains a detailed overview of a recent SEC rule proposal regarding the use of derivatives by registered investment companies and business development companies and practical guidance from experienced asset management lawyers.

Access Restricted. View access options
Book part
Publication date: 19 October 2016

Michael Watts

Using the case of the Deepwater Horizon blowout in the Gulf of Mexico in 2010, I argue that the catastrophe was less an example of a low probability-high catastrophe event than an…

Abstract

Using the case of the Deepwater Horizon blowout in the Gulf of Mexico in 2010, I argue that the catastrophe was less an example of a low probability-high catastrophe event than an instance of socially produced risks and insecurities associated with deepwater oil and gas production during the neoliberal period after 1980. The disaster exposes the deadly intersection of the aggressive enclosure of a new technologically risky resource frontier (the deepwater continental shelf) with what I call a frontier of neoliberalized risk, a lethal product of cut-throat corporate cost-cutting, the collapse of government oversight and regulatory authority and the deepening financialization and securitization of the oil market. These two local pockets of socially produced risk and wrecklessness have come to exceed the capabilities of what passes as risk management and energy security. In this sense, the Deepwater Horizon disaster was produced by a set of structural conditions, a sort of rogue capitalism, not unlike those which precipitated the financial meltdown of 2008. The forms of accumulation unleashed in the Gulf of Mexico over three decades rendered a high-risk enterprise yet more risky, all the while accumulating insecurities and radical uncertainties which made the likelihood of a Deepwater Horizon type disaster highly overdetermined.

Details

Risking Capitalism
Type: Book
ISBN: 978-1-78635-235-4

Keywords

Access Restricted. View access options
Article
Publication date: 1 May 2002

W. Waldman, M. Heller, R. Kaye and F. Rose

In recent years, a novel method for computing loadflow orientations and loadpaths, which is based on iterative solutions of non‐linear equations and finite element results, has…

987

Abstract

In recent years, a novel method for computing loadflow orientations and loadpaths, which is based on iterative solutions of non‐linear equations and finite element results, has emerged in the literature. In the present investigation, the prior formulation and approach has been enhanced by deriving explicit expressions for computing loadflow orientations. The new equations produce more accurate loadflow orientations and improve the fidelity of calculated loadpaths. In particular, for a typical loaded plate containing a hole, the density of loadflow lines is also shown to provide accurate values of stress concentration factor. Subsequently, loadflow visualisation for biaxially loaded plates containing non‐optimal and optimal holes is undertaken to identify key features of the stress distributions. It is found that regions of “recirculation” are apparent for non‐optimal hole shapes, whereas no recirculation zones are present for optimal shapes. In general, it is considered that loadflow visualisation is a simple but powerful tool for use by structural designers and analysts.

Details

Engineering Computations, vol. 19 no. 3
Type: Research Article
ISSN: 0264-4401

Keywords

Access Restricted. View access options
Article
Publication date: 9 April 2018

Ujjaini Mukhopadhyay

The purpose of this paper is to examine the effects of trade liberalization on gender earning differentials and female labour force participation by considering the interaction…

1393

Abstract

Purpose

The purpose of this paper is to examine the effects of trade liberalization on gender earning differentials and female labour force participation by considering the interaction between changes in relative wages, intra-household bargaining power and social norms.

Design/methodology/approach

A three-sector general equilibrium model is developed where female labour supply is determined as a collective household decision and depends on male and female wages and intra-household power distribution. On the other hand, the effect of power distribution on female labour supply depends on social norms.

Findings

Comparative static analysis shows that a tariff cut may reduce female labour force participation and widen gender earning inequality if (i) the agricultural sector is more male labour-intensive than the informal sector, and the marginal utility of the woman from household work is higher than that of the man or (ii) the agricultural sector is more female labour-intensive than the informal sector, and the marginal utility of the woman’s household work is higher to the man than the woman. Policies to raise the empowerment of women might lead to favourable labour market outcomes for women if the marginal utility of the woman’s household work is higher to the man than the woman irrespective of the factor intensity condition.

Research limitations/implications

The results signify that the effect of trade liberalization hinges on both factor intensity conditions and the relative work preferences of women vis-à-vis men, which in turn is shaped by social norms.

Originality/value

The paper contributes to the scant theoretical literature on labour market consequences of trade liberalization by considering the gender equality implications of trade liberalization from a supply side perspective. The results of the model are used to explain the recent gendered labour market consequences in India in the aftermath of trade liberalization.

Details

Indian Growth and Development Review, vol. 11 no. 1
Type: Research Article
ISSN: 1753-8254

Keywords

Access Restricted. View access options
Book part
Publication date: 19 October 2016

Romain Felli

The language of resilience is increasingly used by International organizations that seek to respond to contemporary social, economic, and environmental crises. This paper focuses…

Abstract

The language of resilience is increasingly used by International organizations that seek to respond to contemporary social, economic, and environmental crises. This paper focuses on the World Bank’s World Development Reports, and its uses of resilience. By deploying a quantitative critical discourse analysis, this paper shows how in the recent years resilience has gained traction within the Bank’s discourse. It further analyses the evolution of the genre, the style, and the ideational content of the Bank’s discourse related to resilience. Resilience is now depicted as something that can be built and not just observed. Furthermore, it is increasingly reified in these reports and ascribed to a whole gamut of entities. The ontological indistinction of resilience reinforces its fit with contemporary neoliberal governance.

Access Restricted. View access options
Book part
Publication date: 24 April 2023

Marine Carrasco and Idriss Tsafack

This chapter proposes a nonparametric estimator of the risk neutral density (RND) based on cross-sectional European option prices. The authors recast the arbitrage-free equation…

Abstract

This chapter proposes a nonparametric estimator of the risk neutral density (RND) based on cross-sectional European option prices. The authors recast the arbitrage-free equation for option pricing as a functional linear regression model where the regressor is a curve and the independent variable is a scalar corresponding to the option price. Then, the authors show that the RND can be viewed as the solution of an ill-posed integral equation. To estimate the RND, the authors use an iterative method called Landweber-Fridman (LF). Then, the authors establish the consistency and asymptotic normality of the estimated RND. These results can be used to construct a confidence interval around the curve. Finally, some Monte Carlo simulations and application to the S&P 500 options show that this method performs well compared to alternative methods.

Details

Essays in Honor of Joon Y. Park: Econometric Methodology in Empirical Applications
Type: Book
ISBN: 978-1-83753-212-4

Keywords

Access Restricted. View access options
Book part
Publication date: 29 June 2017

Amy Jonason

As a movement for alternative means of food production and consumption has grown, so, too, have civic efforts to make alternative food accessible to low-income persons (LIPs)…

Abstract

Purpose

As a movement for alternative means of food production and consumption has grown, so, too, have civic efforts to make alternative food accessible to low-income persons (LIPs). This article examines the impact of alternative food institutions (AFIs) on low-income communities in the United States and Canada, focusing on research published since 2008.

Methodology/approach

Through a three-stage literature search, I created a database of 110 articles that make empirical or theoretical contributions to scholarly knowledge on the relationship of AFIs to low-income communities in North America. I used an in vivo coding scheme to categorize the impacts that AFIs have on LIPs and to identify predominant barriers to LIPs’ engagement with AFIs.

Findings

The impacts of AFIs span seven outcome categories: food consumption, food access and security, food skills, economic, other health, civic, and neighborhood. Economic, social and cultural barriers impede LIPs’ engagement with AFIs. AFIs can promote positive health outcomes for low-income persons when they meet criteria for affordability, convenience and inclusivity.

Implications

This review exposes productive avenues of dialogue between health scholars and medical sociology and geography/environmental sociology. Health scholarship offers empirical support for consumer-focused solutions. Conversely, by constructively critiquing the neoliberal underpinnings of AFIs’ discourse and structure, geographers and sociologists supply health scholars with a language that may enable more systemic interventions.

Originality/value

This article is the first to synthesize research on five categories of alternative food institutions (farmers’ markets, CSAs, community gardens, urban farms, and food cooperatives) across disciplinary boundaries.

Access Restricted. View access options
Book part
Publication date: 1 January 2005

Hai Yang and Hai-Jun Huang

Abstract

Details

Mathematical and Economic Theory of Road Pricing
Type: Book
ISBN: 978-0-08-045671-3

Available. Open Access. Open Access
Article
Publication date: 20 March 2023

Roberto Linzalone, Salvatore Ammirato and Alberto Michele Felicetti

Crowdfunding (CF) is a digital-financial innovation that, bypassing credit crisis, bank system rigidities and constraints of the capital market, is allowing new ventures and…

1294

Abstract

Purpose

Crowdfunding (CF) is a digital-financial innovation that, bypassing credit crisis, bank system rigidities and constraints of the capital market, is allowing new ventures and established companies to get the needed funds to support innovations. After one decade of research, mainly focused on relations between variables and outcomes of the CF campaign, the literature shows methodological lacks about the study of its overall behavior. These reflect into a weak theoretical understanding and inconsistent managerial guidance, leading to a 27% success ratio of campaigns. To bridge this gap, this paper embraces a “complex system” perspective of the CF campaign, able to explore the system's behavior of a campaign over time, in light of its causal loop structure.

Design/methodology/approach

By adopting and following the document model building (DMB) methodology, a set of 26 variables and mutual causal relations modeled the system “Crowdfunding campaign” and a data set based on them and crafted to model the “Crowdfunding campaign” with a causal loop diagram. Finally, system archetypes have been used to link the causal loop structure with qualitative trends of CF's behavior (i.e. the raised capital over time).

Findings

The research brought to 26 variables making the system a “Crowdfunding campaign.” The variables influence each other, thus showing a set of feedback loops, whose structure determines the behavior of the CF campaign. The causal loop structure is traced back to three system archetypes, presiding the behavior in three stages of the campaign.

Originality/value

The value of this paper is both methodological and theoretical. First, the DMB methodology has been expanded and reinforced concerning previous applications; second, we carried out a causation analysis, unlike the common correlation analysis; further, we created a theoretical model of a “Crowdfunding Campaign” unlike the common empirical models built on CF platform's data.

Details

European Journal of Innovation Management, vol. 26 no. 7
Type: Research Article
ISSN: 1460-1060

Keywords

1 – 10 of over 125000
Per page
102050