This Thing Called Trust provides a detailed theoretical analysis of the research about trust, civic society and society capital. Stoneman uniquely provides a complementary empirical analysis which connects discussions of the individual psychology of trust with understandings of its cultural and institutional roots at more aggregate level.
The quick recovery of Asian economies from recent recessions in comparison to the struggling American and European economies can be attributed in part to the positive aggregate-demand externalities of their self-employment sectors. This book presents a behavioural analysis of this effect, with a detailed focus on producer households.
This book explores the diverse challenges facing the EU and in particular examines the impediments to financial stability and sustainable growth and how these can be overcome. Among the topics explored are the extent to which monetary union has favored real convergence, competitive imbalances in the eurozone, and the impacts of austerity measures. Potential solutions are closely scrutinized, highlighting the need for linked fiscal, monetary, credit, and investment choices. Opportunities for public and private investment in infrastructure, human capital, the environment, and innovation are emphasized, as is the role of fiscal stimulus targeting aggregate demand and output. Detailed attention is paid to the importance of coordination of macroeconomic policies and the scope for reforms in EMU design and EU governance. In this context, the proposals in the recent Five Presidents Report are assessed, along with other ideas regarding progressive steps aimed at closer economic, financial, and political union in the medium to long term. Readers will also find separate scrutiny of the Greek crisis and the effectiveness of the third economic adjustment programme. The book comprises a selection of contributions presented at the XXVIII Villa Mondragone International Economic Seminar. Luigi Paganetto is Emeritus Professor and Full Professor of European Economics at the University of Rome Tor Vergata, and President of the Economics Foundation Tor Vergata for Economic Research. He participates as an expert in European and International working groups. He is the author of articles and books in the fields of Macroeconomics, International Economics, Italian and European Industrial Economics, and Energy and Environment.
Systemic Risk Tomography: Signals, Measurement and Transmission Channels recent developments in the measurement of systemic risk, mainly focusing on the Eurozone and providing a comprehensive risk analysis that covers sovereign risk, bank and other financial intermediaries risk, and corporate risk. The book also deals with possible Early Warning Systems based on a risk dashboard that proposes to identify potential vulnerabilities within the financial system. The comprehensive risk analysis detailed in this book is intended to aggregate the individual risk dimensions by using advanced methodologies, such as Dynamic Conditional Correlations, Copula functions and Copula-based models, Regime-switching models, and Network analysis. Explores the economic and financial system of Sovereigns, Banks, other Financial Intermediaries, and Corporations Presents the financial system as a biological entity to be explored in order to identify the main risk signals and provide the right measures of prevention and interventions Offers a new, systemic-based approach to construct a hierarchical, internally coherent framework to be used in developing an effective early warning system Monica Billio obtained her Ph.D in applied mathematics in 1999 from University Paris IX Dapuhine, France. She has held positions of research assistant (GRETA Associates), junior consultant (Caisse Autonome de Refinancement, Paris) and consultant (GRETA Associates). Since November 2006 she was appointed Professor of Econometrics, Department of Economics, University CaFoscari of Venice. Her research nterests include the following: Dynamic latent factor models; Simulation based inference techniques; Volatility and risk modeling; Switching regime models; Volatility transmission and contagion; Systemic Risk; Hedge funds; Mutual fund performance; Business cycle analysis
The Story of Houston has not proved an easy one to write. A city is in many respects a conglomeration of units rather than an aggregate of unities. the units are of character so varying that it is hard to reduce them to a common denominator. Municipal consciousness is vague and much that happens in the development of a city seems to be fortuitous rather than teleological. Yet Houston has in many respects grown to formula and plan and has often responded heartily to conscious effort made at improvement of conditions. The foundations of the past have been used and effort has been often cumulative in results. Undeniably there is a municipal spirit, an esprit du corps of the citizens that argues well for the future of the town. This book is breathing the history of Houston in 28 stunning and detailed chapters.
This carefully crafted ebook is formatted for your eReader with a functional and detailed table of contents. Capital: The Process of Circulation of Capital 2 was prepared by Engels from notes left by Marx and published in 1885. It is divided into three parts: The Metamorphoses of Capital and Their Circuits, The Turnover of Capital and The Reproduction and Circulation of the Aggregate Social Capital. In Volume II, the main ideas behind the marketplace are to be found: how value and surplus-value are realized. Its dramatis personae are not so much the worker and the industrialist, but rather the money owner (and money lender), the wholesale merchant, the trader and the entrepreneur or functioning capitalist. Karl Marx (1818-1883) was a famous German philosopher, economist, historian, political theorist, sociologist, journalist and revolutionary socialist.
The Utilization of Slag in Civil Infrastructure Construction strives to integrate the theory, research, and practice of slag utilization, including the production and processing of slags. The topics covered include: production and smelting processes for metals; chemical and physical properties of slags; pretreatment and post-treatment technology to enhance slag properties; potential environmental impact; mechanisms of potential expansion; special testing methods and characteristics; slag processing for aggregate and cementitious applications; suitability of slags for use in specific applications; overall properties of materials containing slags; and commercialization and economics. The focus of the book is on slag utilization technology, with a review of the basic properties and an exploration of how its use in the end product will be technically sound, environment-friendly, and economic. Covers the production, processing, and utilization of a broad range of ferrous, non-ferrous, and non-metallurgical slags Provides information on applicable methods for a particular slag and its utilization to reduce potential environmental impacts and promote natural resource sustainability Presents the overall technology of transferring a slag from the waste stream into a useful materials resource Provides a detailed review of the appropriate utilization of each slag from processing right through to aggregate and cementitious use requirements Dr George Wang is an Associate Professor in the College of Engineering and Technology at East Carolina University, North Carolina, USA. He has over 30 years of experience in special construction materials, advanced highway pavement, transportation infrastructure construction, and construction project management.
The New Standard Source of Industry-level Analysis The 2015 Valuation Handbook - Industry Cost of Capital includes cost of capital estimates (equity capital, debt capital, and weighted average cost of capital, or WACC) for over 200 U.S. industries, plus a host of detailed statistics that can be used for benchmarking purposes, The 2015 Valuation Handbook - Industry Cost of Capital is published in June 2015, with data through March 2015. Optional intra-year June, September, and December 2015 Quarterly Updates are also available. Key Features Over 200 U.S. industries analyzed: The 2015 Valuation Handbook - Industry Cost of Capital provides comprehensive, detailed industry-level analyses that can be used for benchmarking purposes. Over 200 U.S. industries organized by standard industrial classification (SIC) code are presented. Up to 8 separate cost of equity and WACC estimates, plus cost of debt, by industry: The 2015 Valuation Handbook - Industry Cost of Capital provides cost of equity capital and WACC estimates for each industry using multiple estimation models (various build-up models, CAPM, CAPM adjusted for size, 1-stage and 3-stage discounted cash flow (DCF) models, and Fama-French multi-factor model). Cost of debt is also estimated for each industry. Industry and peer group betas: The 2015 Valuation Handbook - Industry Cost of Capital provides levered and unlevered beta estimates for each industry (e.g. ordinary-least squares (OLS) beta, sum beta, downside beta, etc.), plus peer group betas adjusted to the industry average based upon statistical quality. Additional industry statistics: The 2015 Valuation Handbook - Industry Cost of Capital provides detailed statistics for sales, market capitalization, capital structure, valuation (trading) multiples, financial and profitability ratios, equity returns, aggregate forward-looking earnings-per-share (EPS) growth rates, and more. Analysis of off-balance-sheet debt: The 2015 Valuation Handbook - Industry Cost of Capital includes a separate analysis of off-balance-sheet debt by industry (capitalized operating leases and unfunded pension liabilities), Analysis of high-financial-risk companies: The 2015 Valuation Handbook - Industry Cost of Capital includes a separate analysis of high-financial-risk companies by industry.
Real-world cost-of-capital data from across industries and around the globe The 2016 International Valuation Handbook - Industry Cost of Capital offers the same type of rigorous industry-level analysis published in the U.S.-centric Valuation Handbook - Industry Cost of Capital . It provides industry-level cost of capital estimates (cost of equity, cost of debt, and weighted average cost of capital, or WACC), plus detailed industry-level statistics for sales, market capitalization, capital structure, various levered and unlevered beta estimates (e.g., ordinary-least squares (OLS) beta, sum beta, peer group beta, downside beta, etc.), valuation (trading) multiples, financial and profitability ratios, equity returns, aggregate forward-looking earnings-per-share (EPS) growth rates, and more. For more information about Duff & Phelps valuation data resources published by Wiley, please visit www.wiley.com/go/valuationhandbooks . Also Available 2016 International Valuation Handbook - Guide to Cost of Capital 2016 Valuation Handbook - Guide to Cost of Capital 2016 Valuation Handbook - Industry Cost of Capital Key Features Four global economic regions: The 2016 International Valuation Handbook - Industry Cost of Capital includes industry-level analyses for four global economic regions: the World, the European Union, the Eurozone, and the United Kingdom. Industries in the book are identified by their Global Industry Classification Standard (GICS) code (at the 2-, 4-, and 6-digit code level). Three currencies: Each of the four global regions industry analyses are presented in three currencies: the Euro, the British pound, and the U.S. dollar.
This book reviews in detail the history of motion analysis, including the earliest attempts to capture, freeze, study and reproduce motion. The state-of-the-art technology in use today, i.e. optoelectronic systems, is then discussed, as motion capture now plays an important role in clinical decisions regarding the diagnosis and treatment of motor pathologies from the perspective of evidence based medicine. After reviewing previous experiments, the book discusses two modern research projects, providing detailed descriptions of the methods used and the challenges that arose in the context of designing the experiments. In these projects, advanced signal processing and motion capture techniques were employed in order to design: (i) a protocol for the validation and quality assurance of clinical strength measurements; (ii) an algorithm for interpreting clinical gait analysis data; and (iii) a number of user-friendly software tools that can be used in clinical settings to process dat a and to aggregate the results into reports. In closing, a thorough discussion of the results is presented from a contextual standpoint.