The real effect of foreign exchange hedging on corporate innovation

2021 ◽  
Author(s):  
Chongwu Xia ◽  
Chuyi Yang ◽  
Lei Zhang
2018 ◽  
Vol 55 (2) ◽  
pp. 387-427 ◽  
Author(s):  
Huasheng Gao ◽  
Po-Hsuan Hsu ◽  
Kai Li ◽  
Jin Zhang

We identify a positive causal effect of healthy working environments on corporate innovation, using the staggered passage of U.S. state-level laws that ban smoking in workplaces. We find a significant increase in patents and patent citations for firms headquartered in states that have adopted such laws relative to firms headquartered in states without such laws. The increase is more pronounced for firms in states with stronger enforcement of such laws and in states with weaker preexisting tobacco controls. We present suggestive evidence that smoke-free laws affect innovation by improving inventor health and productivity and by attracting more productive inventors.


2010 ◽  
Author(s):  
L. Fairweather ◽  
C. Gibbes ◽  
D. Ridley
Keyword(s):  

Author(s):  
Maria Giulia Ballatore ◽  
Ettore Felisatti ◽  
Laura Montanaro ◽  
Anita Tabacco

This paper is aimed to describe and critically analyze the so-called "TEACHPOT" experience (POT: Provide Opportunities in Teaching) performed during the last few years at Politecnico di Torino. Due to career criteria, the effort and the time lecturers spend in teaching have currently undergone a significant reduction in quantity. In order to support and meet each lecturers' expectations towards an improvement in their ability to teach, a mix of training opportunities has been provided. This consists of an extremely wide variety of experiences, tools, relationships, from which everyone can feel inspired to increase the effectiveness of their teaching and the participation of their students. The provided activities are designed around three main components: methodological training, teaching technologies, methodological experiences. A discussion on the findings is included and presented basing on the data collected through a survey. The impact of the overall experience can be evaluated on two different levels: the real effect on redesigning lessons, and the discussion on the matter within the entire academic community.


2021 ◽  
pp. 70-84
Author(s):  
D. A. Menshikh

This paper describes a new approach that makes it possible to assess the impact of foreign exchange interventions implemented under the fiscal rule on the Russian ruble equilibrium exchange rate. The essence of the approach is to quantify the impact of foreign exchange interventions carried out within the framework of the fiscal rule on the balance of supply and demand of foreign exchange, and to reflect this influence in macroeconomic models using the “effective” oil price indicator. The article describes in detail the calculation of this indicator. The advantage of using the “effective” oil price indicator compared to alternative methods lies in the efficiency (the ability to apply for monthly data), simplicity (the possibility of using for scenario forecasting of the exchange rate), as well as the flexibility of the method (the possibility of taking into account periods of suspension of the fiscal rule and deferred purchases). The current gap in the real effective exchange rate of Russian ruble was calculated based on the data for February 2008 — October 2019. The assessment of the contribution of the fiscal rule to the equilibrium value of the real exchange rate was about 2 pp., at the end of 2019 Russian ruble was overvalued.


2013 ◽  
Vol 13 (1) ◽  
pp. 366-370 ◽  
Author(s):  
Mauricio Beux dos Santos ◽  
Mauro Cesar Lamim Martins de Oliveira ◽  
Tatiane Penteado Gonçalves ◽  
Francis de Mattos Almeida ◽  
Daniel Loebmann ◽  
...  

The loss and modification of habitats by humans have been considered key factors in the decline of diversity of species worldwide. However, the real effect caused by these disturbances on the biota is still poorly understood. The assessment of the changes in the network of interspecific interactions, such as predation rates on the native fauna, can be an important tool to diagnose the functionality of disturbed ecosystems. In this study we evaluate the predation rate on snakes in coastal grasslands in South America under human influence. Predation rate of artificial snakes, unlike that obtained in other studies, was lower in human-altered areas than preserved ones. Our findings may be due to a reduction in the abundance and/or richness of species of native predators in more disturbed areas.


Sign in / Sign up

Export Citation Format

Share Document