478 research outputs found
The Relation Between Innovative Policy Instruments and Smes Resilience: Conceptual Analysis
MSADY, Adil, AIT CHEIKH, Mohsine, CHATI, Adam, EZ-ZARZARI, Zakaria. The Relation Between Innovative Policy Instruments and Smes Resilience: Conceptual Analysis. Eastern European Journal of Regional Studies. December 2022, vol. 8, issue 2, pp. 50-67. ISSN 2537-6179, E-ISSN 1857-436X.In recent years, we have been witnessing a succession of economic, financial and health crises on a global scale, the most recent being the 2020 COVID-19 health crisis. Monetary and macroprudential stability policies have been implemented in order to address the harmful effects of these crises on both capital markets and the real economy. In addition, central banks have innovated and mobilized the arsenal of instruments at their disposal for the implementation of new “so-called unconventional” monetary policies in order to influence the economic and financial behavior of private agents and strengthen resilience of SMEs. The aim of the paper is to study the efficiency of traditional monetary measures and emphasize the role of innovative tools in driving the economic growth. various “unconventional” monetary policy measures put in place by the monetary authorities to stimulate economic growth, absorb health and financial shocks and strengthen the resilience of SMEs are analyzed. JEL: E20, E50; DOI: https://doi.org/10.53486/2537-6179.8-2.0
Le scritture dei filosofi - Un'introduzione - L'usignolo e la capinera
The introduction explores the crossroads of the art of writing, illuminating at least two aspects in the act of composition: the philosopher, who clearly (or vaguely) argues their ideas to formally present them, and the novelist, who dissolves himself to allow the story to grow on its own. These two aspects often intertwine, as in the case of Nietzsche, where the “second personality” he called Zarathustra takes precedence over the first. Historically, the evolution of the alphabet in Greece led to many revolutions, including an unprecedented egocentrism, the emergence of the author as such, and the development of what Descartes would later call “clear and distinct ideas”. Poetic intuition, despite Plato’s aversion, has not died, and what we believe to be the result of a logical-analytical process could actually be closer to an inspired novel rather than rationalistic philosophy (or vice versa)
A load-cell based in-bed body motion detection and classification system
The basic necessity of sleep in our life is critically important to ensure our wellbeing. Sufficient sleep of good quality is highly desired in order to have enough energy to live. One of the main factors to measure sleep quality is the amount of body motion during sleep. In-bed motion detection is an important technique that can enable an array of applications, among which are sleep monitoring and abnormal movement detection. When detection is combined with classification, it can be used to detect, notify, and recognize specific events, enabling us to focus on critical tasks. In this study, we present a low-cost, low-overhead, and highly robust system for in-bed movement detection and classification that uses low-end load cells. By observing the forces sensed by the load cells, placed under each bed leg, we can detect many different types of movements, and further classify them as big or small depending on magnitude of the force changes on the load cells. We have designed three different features, which we refer to as Log-Peak, Energy-Peak, and ZeroX-Valley, that can effectively extract body movement signals from load cell data that is collected through wireless links in an energy-efficient manner. After establishing feature values, we employ a simple threshold-based algorithm to detect and classify movements. We have conducted a thorough evaluation, that involves collecting data from 30 subjects who perform 27 pre-defined movements in an experiment. By comparing our detection and classification results against the ground truth captured by a video camera, we show the Log-Peak strategy can detect these 27 types of movements at an error rate of 6.3% while classifying them as big or small movements at an error rate of 4.2%. In the second part of this dissertation, we set out to achieve much finer body motion classification. Towards this goal, we define 9 classes of movements, and design a machine learning algorithm using Support Vector Machine (SVM) and Random Forest techniques to classify a movement into one of these 9 classes. In this way, we can find out which body parts are involved in every movement. For every movement, we have extracted 24 features and used them in our model. This movement classification system was evaluated on data collected from 40 subjects who performed 35 predefined movements in each experiment. The accuracy of our model is not the same for all classes of movements. On average, it correctly classifies 90% of movements. This model can be used conveniently for long-term home monitoring. To improve the classification accuracy, we investigate more machine learning techniques. We use Random Forest and XGBoost as additional classification tools. We apply multiple tree topologies for each technique to reach their best results. After examining various combinations, we achieve the final classification accuracy of 91.5%. Lastly, another in-bed motion detection system is built. We use a geophone sensor to detect body motions in bed, which we call MotionPhone. MotionPhone is more accurate in detecting motion but not efficient for classification purposes. We thus believe combining these two systems can give us better results. Both systems are unobtrusive, low-cost, and private, which can thus enable a large array of important applications.Ph.D.Includes bibliographical referencesby Musaab Adil Alazi
A New Perspective on the Origins of Yusuf Adil Shah, Founder and First Ruler of the Adil Shahi Sultanate
The Adil Shahi Sultanate was an important state founded in 1489 by Yusuf Adil Shah in the Deccan region of India, centered in Vijayapura. The sultanate witnessed eight different rulers until it was destroyed by the army of Babur in 1686. Some researchers generally base their studies on Muhammad Qasim Hindu Shah’s work titled Ferishtah’s History of Deccan, which is one of the main sources for this sultanate. According to researchers and based on this resource,Yusuf was the son of the Ottoman ruler Murad II. However, other claims about Yusuf’s lineage appear to have not been included in these studies. Thus, these academic studies can be said to be methodologically incomplete or insufficient. In fact, Fuzuni Astarabadi was another author to write about the sultanate and attributed Yusuf’s origins to the Ottoman ruler Suleiman the Magnificent in his work titled Futuhat-i-Adil Shahi. Another author, Rafiuddin Ibrahim Shirazi, wrote Tazkirat ul-Muluk, in which he attributed Yusuf’s origins to the Aq Qoyunlu Sultan Uzun Hasan. The novel claims about Yusuf’s origins in these works that researchers have ignored necessitate an examination of the issue in full detail. This study analyzes each of these claims by making use of Ottoman and Aq Qkoyunlu chronicles. As a result, the research reveals that the accuracy of these allegations should be questioned. The authors who put forward these claims are assumed to have aimed to strengthen the legitimacy of the sultan of the period due to their own interests or the political circumstances of the sultanate. In this context, the current study has focused on the question of who Yusuf Adil Shah was. As a result, the research has concluded him to have been an ordinary Turk who belonged to the Shiite sect and who’d originally migrated from the city of Save in Iran to the Bahmani lands. The obtained findings provide an important new perspective on Yusuf’s lineage that researchers should take into account
[Book Review] The age of orphans, by Laleh Khadivi
The Age of Orphans, By Laleh Khadivi. Book review by Alev Adil.
Laleh Khadivi's debut novel, remarkable for its beautiful and brutal poetry, tells the story of a lost Kurdish child and the history of "this invisible thing called Iran" [From the Author
Analisis Penerapan Akuntansi Aset Tetap Pada PT Adil Utama Pekanbaru
The purpose of this research and writing is to determine the suitability of the application of fixed asset accounting by PT ADIL UTAMA but in accordance with generally accepted accounting principles. The types of data collected in this study are Primary Data and Secondary Data. Data collection techniques using Interview and Documentation techniques, with data analysis the author uses descriptive analysis. From the result of the research that the author did, it can be seen that : 1) The company has not fully and consistenly applied generally accepted accounting principles in terms of cost recognition, 2) The companyhas not written off fixed assets that have been declared damaged and cannot be reused, 3) The company distinguishes expenses over the period of use of fixed assets. 4) The presentation of fixed assets in the balance sheet is not in accordance with generally accepted accounting principles. Based on the research conducted, it can be concluded that the application of fixed asset accounting for PT ADIL UTAMA is not in accordance with Generally Accepted Accounting Principles
Structure par terme des taux d’intérêt et anticipations du Policy-mix
Ce papier s’intéresse à expliquer la formation des anticipations de policy-mix dans la structure par terme des taux d’intérêt et de mettre en exergue la relation entre le déficit budgétaire, la gestion active de la dette publique, la politique d’émission du Trésor et les décisions de politique monétaire. Pour ce faire, nous avons adopté le Modèle AutoRegressive Distributed Lag (ARDL) afin de (i) modéliser la dynamique de court terme et la relation de long terme de la courbe des taux d’intérêt, (ii) d’estimer, sur la période allant de 2004 jusqu’à 2020, la vitesse avec laquelle les obligations souveraines convergent vers leur valeur d’équilibre à long terme et (iii) d’étudier aussi leur comportement vis-à-vis de leurs déterminants.Il ressort, de nos résultats, que l’effet de la politique monétaire est plus important sur la partie courte de la courbe des taux d’intérêt, alors que le segment long de cette courbe est impacté davantage par les anticipations des investisseurs, le déficit budgétaire et la politique d’émission du Trésor. La partie moyenne de la structure par terme des taux d’intérêt au Maroc, quant à elle, est liée, presque de même degré d’impact, aux anticipations des investisseurs, aux décisions de la politique monétaire et au comportement du Trésor
Learning From the European City in Absence
In this contribution I will share with you, challenged by the covid-19 pandemic, our attempts to adapt a course intended to experience and study the European city in real life, into an online format. I will first introduce the bachelor (undergraduate) course ‘Foundations’ and the role that the excursion has in the curriculum of architecture at TU Delft. Then I will discuss how the adaption to the pandemic situation in 2020 has resulted in different approaches within the course, and reflect upon them in the perspective of ‘travel pedagogies.Green Open Access added to TU Delft Institutional Repository 'You share, we take care!' - Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.Situated Architectur
Tracing the Intensive: On Assemblages, Technicities and Urban Pedagogies
Nowadays, emerging technologies continuously shift our understanding of human evolution as well as influence the understanding of the built and urban environment. It is evident that architectural and urban pedagogies are equally impacted by the so-called digital turns. On the one hand, digital technologies introduce a great variety of technical methods, such as mapping, filming, geographic information systems (GIS), parametric modelling or VR/AR technology, facilitating the extraction of certain aspects of urban life through qualitative and quantitative analyses or simulations. On the other hand, the rapid growth of such technologies has also raised questions on whether it could enhance the very understanding of urban conditions in evoking a critical thinking of the dynamic, transient and intensive encounters of urban life. To respond to that, one can perhaps turn to philosopher Gilbert Simondon and his concept of technicity: simply put, technicity deals with how humans relate and transform their environment through technology and how these relations transform all of them in their own – humans, technology, and environment. Utilising the concept of technicity, this paper intends to speculate on the intensive dynamics of urban life. It will do so by firstly embracing assemblage thinking and understanding the urban as an emergent and plastic condition. Secondly, in teasing out the tangible dimensions of technicity, the paper aims to discuss the affective, reticular, and co-transformative relations between people, spaces, and memory as produced and ramified by technology. It then brings the above discussions together to articulate potential urban pedagogies that are enabled by transdisciplinarity and a problem-based understanding of knowledge. Finally, the paper places an open-ended question: how digital literacy could produce a form of urban literacy, and how lack of knowledge on the entanglements between architecture and digital technologies leads eventually to an impediment in understanding how urban life is influenced by both.Green Open Access added to TU Delft Institutional Repository 'You share, we take care!' - Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.Theory, Territories & TransitionsDesign & Construction Managemen
Analyse du pass-through des taux directeurs sur les taux d’intérêts bancaires au Maroc
Understanding transmissions is one of the pillars of developing a modern and effective monetary policy, as this enables monetary authorities to assimilate the way in which monetary decisions influence the economy, in order to determine the instruments to be mobilized in order to be able to steer the economy in the desired direction.
This understanding is closely related to the analysis of the transmission of the interest rate, since it is the traditional channel among the various channels of monetary transmission. It is an important tool in monetary decision-making to achieve effective conduct of monetary policy.
The objective of this article is to analyze, for the Moroccan case, the transmission of key interest rates on lending interest rates, in order to identify and quantify the impact of monetary decisions aimed at financing the economy through the banking system on interest rates on bank loans.
The estimate of the pass-through of key interest rates on bank interest rates was based on an ARDL modeling and covered data on a quarterly frequency covering the period 2007-2021. This data relate to the Weighted Average Rate of the Interbank Market (TMP) and the Average Debit Rate (TDM).
The results obtained lead us to suggest that the pass-through in Morocco is incomplete in the short term. That is, the transmission of monetary policy decisions through the interest rate channel remains limited.
While in the long term, it is significant and comprehensive, which means that the decisions of the monetary authorities in Morocco, via the interest rate channel, require more time for the banks to adjust their interest rates and to those businesses and households can feel the effect of these decisions.
Classification JEL : C32, E44, E52, G20
Paper Type : Empirical ResearchLa compréhension des transmissions est l’un des piliers de l’élaboration d’une politique monétaire moderne et efficace, car cela permet aux autorités monétaires d’assimiler la manière avec laquelle les décisions monétaires influencent l’économie, afin de déterminer d’une manière adéquate les instruments à mobiliser pour pouvoir orienter l'économie dans la direction souhaitée.
Cette compréhension est étroitement liée à l’analyse de la transmission du taux d’intérêt, puisqu’il est le canal traditionnel parmi les différents canaux de transmission monétaire. Il constitue un outil important dans la prise de décisions monétaires pour aboutir à une conduite efficace de la politique monétaire.
L’objectif de cet article est d’analyser, pour le cas marocain, la transmission des taux d’intérêts directeurs sur les taux d’intérêts débiteurs, afin d’identifier et quantifier l’impact des décisions monétaires qui visent le financement de l’économie à travers le système bancaire.
L’estimation du pass-through des taux d’intérêts directeurs sur les taux d’intérêts des prêts bancaires a été basée sur une modélisation ARDL et a porté sur des données en fréquence trimestrielle couvrant la période 2007-2021. Ces données concernent le Taux Moyen Pondéré du Marché Interbancaire (TMP) et le Taux Débiteur Moyen (TDM).
Les résultats obtenus ont montré que le pass-through au Maroc est incomplet à court terme. C’est-à-dire que la transmission des décisions de la politique monétaire à travers le canal du taux d’intérêt reste limitée. Tandis qu’à long terme, il est significatif et complet, ce qui signifie que les décisions des autorités monétaires au Maroc, via le canal du taux d’intérêt, nécessitent plus de temps pour que les banques ajustent leurs taux d’intérêts et pour que les entreprises et les ménages puissent sentir l’effet de ces décisions.
Classification JEL : C32, E44, E52, G20
Type de papier : Recherche empiriqu
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