1,720,968 research outputs found

    Cointegration Analysis of Financial Imbalances and Bankruptcies

    No full text
    최근 신용의 과다팽창과 이에 따라 누적적으로 전개되는 금융시스템의 불안정성에 대한 관심이 증가하고 있다. 본 논문은 이러한 관심을 반영하여 금융불균형이 기업도산에 미치는 영향을 분석하고 있다. 구체적으로 본 논문은 Borio와 Lowe의 문제의 세 변수(Troublesome Three)가설, 즉 신용, 자산가격, 투자변수를 모두 포함하는 세 변수의 공통적인 움직임(joint path)을 통해 파악되어야 한다고 하는 가설에 기초하여 금융불균형의 존재 및 그 영향을 실증분석하였다. 사용된 방법은 스웨덴, 핀란드, 덴마크 등 북구라파 4개국을 대상으로 분석한 Hansen을 따라 공적분기법을 이용하였다. Hansen에 따르면 덴마크를 제외한 북구 3개국의 경우 두 개 이상의 변수가 복합적으로 결합된 금융불균형이 존재하나 문제의 세 변수중에서 신용변수와 자산변수만 설명력이 있는 것으로 나타났다. 이에 반해 우리나라의 경우 총신용, 자산가격, 건설투자 세 변수가 모두 결합되어 있는 금융불균형이 존재하며 이러한 금융불균형은 기업도산율에 중요한 영향을 미치는 것으로 나타났다. 따라서 우리나라의 경우 "문제의 세 가설"은 잘 확인된다고 할 수 있

    Going Beyond Counting First Authors in Author Co-citation Analysis

    Get PDF
    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    Variations on the Author

    Get PDF
    “Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship

    Appropriate Similarity Measures for Author Cocitation Analysis

    Get PDF
    We provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis

    Economic Policy and the Covid-19 Crisis: The Macroeconomic Response in the US, Europe and East Asia

    No full text
    This book offers an assessment of the different monetary and fiscal policy responses that have been implemented by national governments in major European and Asian countries faced with the Covid-19 crisis since 2020; it also deals with the case of the US experience as a benchmarking example. The book provides a comprehensive cross-country comparative study on health crisis management at the macroeconomic level. Its focus on monetary and fiscal policies across different countries in Asia, Europe and the USA makes it unique. Divided into three parts following a general introduction that sets the context of the study, the book deals with the case of the USA, EU and European countries as well as with that of key Asian countries. Of specific relevance is the European Union and euro-area contexts that serve as a framework to the different EU national monetary and fiscal policy responses. Each chapter deals with a specific country, including Italy and the UK in Europe and Singapore and South Korea in Asia, and covers the following topics: the extent of the outbreak of the public health crisis and its macroeconomic impact; the comparative examination of fiscal and monetary policy responses to both crises; and an overall assessment of the effectiveness of these policies along with the public health policy to mitigate the economic impact. Given the unprecedented nature of the Covid-19 crisis, anyone eager to know more about its macroeconomic impact and ensuing policies in a comparative framework will be keen to read this book. It will be essential reading to any researcher, policy maker and/or analyst working in the area of public policy and is also a unique contribution to the field of European studies, Asian studies and Comparative Economic Studies.Introduction Part 1: The Experience of the USA 1. Monetary and Fiscal Policies in the United States Part 2: Monetary and Fiscal Policies in the Euro-Area and in the EU 2. The Covid-10 Monetary and fiscal Response in the euro-area and the EU 3. The Case of France 4. The Case of Germany 5. The Case of Italy 6. The Case of the UK Part 3: Monetary and Fiscal Policies in Asia 7. The Case of China 8. The Case of Japan 9. Monetary and Fiscal Policy Response to the Covid-19 Pandemic - The case of Korea 10. The Case of Singapore Appendix: Chronicle of the Macroeconomic Responses in the US, Europe, and East Asi

    Dispelling the Myths Behind First-author Citation Counts

    Get PDF
    We conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more sophisticated methods

    Author Index

    No full text
    Nao informado
    corecore