1,720,967 research outputs found
Varieties of Private Household Debt in Europe: Incompatibility of Culturally Diverse Lending Regimes Between Germany and Italy?
This article examines the varying development of private household debt across European countries, using a mixed methods design. Quantitative analysis demonstrates that trade deficits, public debt and unemployment spending influence the volume of private debt. While this suggests a high problem load for Italian households, a comparative case study on Germany and Italy reveals that more German than Italian households end up in critical debt. This is explained by the two countries’ different cultures of lending. Italian households borrow more heavily from family and friends than German ones. Moreover, the competitive dynamic of the German growth model creates incentives for lowincome groups to borrow; to the extent this dynamic affects both countries, this translates into demand for more risky loans in Germany and economic pressure on families in Italy, ultimately limiting the compatibility of the different lending regimes
S\ufcsteemi stabiilsus ja algoritmip\uf5hised poliitikameetmed. Systemic Stability and Algorithm-Based Policy Interventions
Going Beyond Counting First Authors in Author Co-citation Analysis
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
“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
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
An ever More Polarized Union: The Greek Problem and the Failure of EU Economic Governance. CES Open Forum Series #14 2018-2019
As the Greek economy continues on its downward trajectory, the policy debate has
degenerated into a re-enactment of the neoclassics versus Keynesians controversy.
Yet, the Greek crisis can be solved neither by more austerity and structural reforms
nor by Keynesian reflation. The core problem lies in a form of integration that has
systematically weakened the Greek economy while stabilizing a clientelistic mode
of interest intermediation. In order to recover, Greece needs a substantial devaluation
plus an interventionist industrial policy. Yet, such a form of integration is not
palatable to the North West European creditor countries, nor is it attractive to the
Greek government as it would require a break with the clientelistic organization of
political power while removing the scapegoat of the EU
Can Europe Prosper Without the Common Currency? A Historical Perspective
The Eurocrisis displays an astonishing similarity to the causes of the Great Depression in the form of massive current account imbalances, destabilising capital flows, financial fragility, and the commitment to defending a fixed exchange rate arrangement by means of austerity and internal devaluation. From the interwar economic and political disaster Europe eventually drew the lesson that internal balance had to enjoy priority over external balance, giving rise to a three-decade long period of unprecedented economic growth after the Second World War. As Europe has again stumbled into many of the policy errors that caused the Great Depression, it will need to relearn some of these lessons. In particular, the paper suggests that Europeanisation has gone too far and that rather than completing the monetary Union, Europe's prosperity and political stability would be better served by compartmentalisation of financial markets, vertical industrial policies and an escape clause in the common currency allowing for temporary exit in case of fundamental disequilibria
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