Identifying key aspects of household behavior in a representative agent framework

2021 ◽  
Vol 97 ◽  
pp. 105-117
Author(s):  
Alexandros P. Bechlioulis ◽  
Sophocles N. Brissimis
Keyword(s):  
Household Behavior ◽  
Representative Agent ◽  
Key Aspects

scholarly journals Where modern macroeconomics went wrong

2018 ◽  
Vol 34 (1-2) ◽  
pp. 70-106 ◽  
Author(s):  
Joseph E Stiglitz
Keyword(s):  
Financial Crisis ◽  
Information Economics ◽  
Financial Sector ◽  
Dsge Models ◽  
Representative Agent ◽  
Quarter Century ◽  
Economic Behaviour ◽  
The Past ◽  
Key Aspects

Abstract This paper provides a critique of the DSGE models that have come to dominate macroeconomics during the past quarter-century. It argues that at the heart of the failure were the wrong microfoundations, which failed to incorporate key aspects of economic behaviour, e.g. incorporating insights from information economics and behavioural economics. Inadequate modelling of the financial sector meant they were ill-suited for predicting or responding to a financial crisis; and a reliance on representative agent models meant they were ill-suited for analysing either the role of distribution in fluctuations and crises or the consequences of fluctuations on inequality. The paper proposes alternative benchmark models that may be more useful both in understanding deep downturns and responding to them.

Web-Based Financial Reporting: An Interpretative Model for Corporate Communications on Social Media

2017 ◽  
pp. 79-112
Author(s):  
Paola Ramassa ◽  
Costanza Di Fabio
Keyword(s):  
Social Media ◽  
Financial Reporting ◽  
Building Blocks ◽  
Corporate Communications ◽  
Distinctive Features ◽  
Financial Communication ◽  
Use Of Social Media ◽  
Key Aspects ◽  
And Diffusion ◽  
Interpretative Model

This paper aims at contributing to financial reporting literature by proposing a conceptual interpretative model to analyse the corporate use of social media for financial communication purposes. In this perspective, the FIRE model provides a framework to study social media shifting the focus on the distinctive features that might enhance web investor relations. The model highlights these features through four building blocks: (i) firm identity (F); (ii) information posting (I); (iii) reputation (R); and (iv) exchange and diffusion (E). They represent key aspects to explore corporate communication activities and might offer a framework to interpret to what degree corporate web financial reporting exploits the potential of social media. Accordingly, the paper proposes metrics based on this model aimed at capturing the interactivity of corporate communications via social media, with a particular focus on web financial reporting. It tries to show the potential of this model by illustrating an exploratory empirical analysis investigating to what extent companies use social media for financial reporting purposes and whether firms are taking advantage of Twitter distinctive features of interaction and diffusion.

Organizing women migrants: The Filipino and Cape Verdean women’s associations in Rome

2014 ◽  
Vol 4 (1) ◽  
pp. 29-39
Author(s):  
Wendy Pojmann
Keyword(s):  
Migrant Women ◽  
Cape Verdean ◽  
Women Migrants ◽  
Informal Networks ◽  
Women's Associations ◽  
Women's Organizing ◽  
Main Components ◽  
Key Aspects ◽  
Female Migrant ◽  
Migrant Groups

Migrant women’s associations in Italy did not simply emerge from informal networks. The Filipino and Cape Verdean women’s associations in Rome are examples of the results of multiple factors that contributed to the strategy of self-organization established by migrant women with the intention of empowering themselves. An awareness of their unique position as women from mostly-female migrant groups, a lack of institutional bodies prepared to assist them, and the leadership of individual women were key aspects in the formation of the first migrant women’s associations in Rome. Gender and nationality were the main components of migrant women’s organizing in the first mostly-female migrant groups. 

The secure-enough base: a response to "the need for something more than a secure base: is a secure base always enough?"

2018 ◽  
Vol 12 (2) ◽  
pp. 190-202
Author(s):  
Debbie Zimmerman
Keyword(s):  
Lived Experience ◽  
Attachment Security ◽  
Therapeutic Process ◽  
Parallel Process ◽  
Secure Base ◽  
Transitional Space ◽  
Key Aspects

In this response to Michaela Chamberlain's article, I engage with some of the key aspects of her thinking in her exploration of the concept of the secure base and how the theory of its "provision" is tested by her lived experience of working with patients whose attachment-related trauma has compromised their capacity to experience her as a secure base. In particular, I explore the idea of the secure base as a two-person relational construct. I use an attachment lens to consider the complexities and challenges in facilitating attachment security when working with disorganised attachment. I explore the question of the need for an earlier "holding" phase as a precursor to the capacity to relate to a secure base and consider the expansion of the concept of the term secure base to incorporate this earlier "holding" dimension. I also question the possibility and desirability of "complete holding" in working towards attachment security, engaging with Winnicott's theories to explore the ideas of the transitional space of illusion and disillusion, of "good-enough", and of internalisation in the therapeutic process of building attachment security. Finally, I consider the parallel process of the therapist's development of their internal secure base.

Information And Map-Made Control With The Functions Of Business Analytics For Urban Management

2019 ◽  
pp. 72-78
Keyword(s):  
Large Scale ◽  
Information Support ◽  
Urban Management ◽  
Business Analytics ◽  
Administrative District ◽  
The North ◽  
Model Of Management ◽  
Complex Development ◽  
Coordination System ◽  
Key Aspects

The key aspects of the process of designing and developing an information and cartographic control tool with business analytics functions for the municipal level of urban management are considered. The review of functionality of the developed tool is given. Examples of its use for the analysis and monitoring of implementation of the program of complex development of territories are given. The importance of application of information support of management and coordination at all levels of management as an integral part of the basic model of management and coordination system of large-scale urban projects of dispersed construction is proved. Information and map-made tool with business intelligence functions was used and was highly appreciated in the preparation of information-analytical and presentation materials of the North-Eastern Administrative District of Moscow. Its use made it possible to significantly optimize the list of activities of the program of integrated development of territories, their priority and timing.

Key aspects of economic theory of war

2016 ◽  
Vol 2016 (3) ◽  
pp. 51-68
Author(s):  
Robert Pustoviit ◽  
Keyword(s):  
Economic Theory ◽  
Theory Of War ◽  
Key Aspects

Running the World's Markets

2011 ◽  
Author(s):  
Ruben Lee
Keyword(s):  
Financial Markets ◽  
Business Economics ◽  
Global Consensus ◽  
Governance Model ◽  
Finance Law ◽  
Key Aspects ◽  
Regulatory Powers ◽  
Market Infrastructure ◽  
Theoretical Issues ◽  
Central Securities Depositories

The efficiency, safety, and soundness of financial markets depend on the operation of core infrastructure—exchanges, central counter-parties, and central securities depositories. How these institutions are governed critically affects their performance. Yet, despite their importance, there is little certainty, still less a global consensus, about their governance. This book examines how markets are, and should be, run. Utilizing a wide variety of arguments and examples from throughout the world, the book identifies and evaluates the similarities and differences between exchanges, central counter-parties, and central securities depositories. Drawing on knowledge and experience from various disciplines, including business, economics, finance, law, politics, and regulation, the book employs a range of methodologies to tackle different goals. Conceptual analysis is used to examine theoretical issues, survey evidence to describe key aspects of how market infrastructure institutions are governed and regulated globally, and case studies to detail the particular situations and decisions at specific institutions. The combination of these approaches provides a unique and rich foundation for evaluating the complex issues raised. The book analyzes efficient forms of governance, how regulatory powers should be allocated, and whether regulatory intervention in governance is desirable. It presents guidelines for identifying the optimal governance model for any market infrastructure institution within the context of its specific environment. The book provides a definitive and peerless reference for how to govern and regulate financial markets.

Feminist Perspective in Shashi Deshpande's “That Long Silence”

2018 ◽  
Vol 6 (1) ◽  
pp. 8
Author(s):  
Mohammad Ahashan ◽  
Dr. Sapna Tiwari
Keyword(s):  
Gender Equity ◽  
Social Life ◽  
Fundamental Rights ◽  
Feminist Movement ◽  
Human Beings ◽  
Simone De Beauvoir ◽  
Equal Rights ◽  
And Gender ◽  
Set Up ◽  
Key Aspects

Man has always tried  to determine  and tamper the image of woman and especially her identity is manipulated and orchestrated. Whenever a woman is spoken of, it is always in the relation to man; she is presented as a wife , mother, daughter and even as a lover but never as a woman  a human being- a separate entity. Her entire life is idealized and her fundamental rights and especially her behaviour is engineered by the adherents of patriarchal society. Commenting  on the Man-woman relationship in a marital bond Simone de Beauvoir wrote in her epoch-making book entitled The Second Sex(1949): "It has been said that marriage diminishes man,  which is often true , but almost always it annihilates women". Feminist movement advocates the equal rights and equal opportunities for women. The true spirit of feminism is into look at women and men as human beings. There should not be gender bias or discrimination in familial and social life. To secure gender justice and gender equity is the key aspects of feminist movement. In India, women writers have come forward to voice their feminist approach to life and the patriarchal family set up. They believe that the very notion of gender is not only biotic and biologic episode but it has a social construction.

Merging Footwear Design and Functionality

2020 ◽  
Vol 20 (4) ◽  
pp. 372-381
Author(s):  
Suzana Kutnjak-Mravlinčić ◽  
Jadranka Akalović ◽  
Sandra Bischof
Keyword(s):  
Science And Technology ◽  
Raw Material ◽  
Quality Level ◽  
Material Content ◽  
Production Concept ◽  
Wear And Tear ◽  
Similar Appearance ◽  
Key Aspects ◽  
Footwear Design

AbstractFunctionality and appearance are key aspects of good footwear. Developments in recent science and technology offer a wider scope of innovations, contributing to diversity and higher complexity of the production concept of footwear. Contemporary industrial footwear market offers a practically limitless number of new design and fashion solutions, often of quite similar appearance, but with significant differences in quality level, both regarding manufacture, raw material content, durability, and in some special functional finishes. The materials for footwear manufacture are functionalized for functional protective purposes, such as antimicrobial, waterproofing, fire resistant, wear and tear resistant, and recently for some therapeutical purposes. Novelties in material functionalization for the materials built in the footwear are most often promoted and presented on tags and labels and are used as advertisement issues, while some functionalities have become a logo for some brands.

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