scholarly journals An RBC model with non-Ricardian households: lessons for Bulgaria (1999–2018)

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Aleksandar Vasilev
Keyword(s):  
Design Methodology ◽  
Quantitative Methods ◽  
Model Performance ◽  
Real Business Cycle ◽  
Currency Board ◽  
Content Type ◽  
Government Sector ◽  
Cyclical Fluctuations ◽  
The Standard Model ◽  
Quantitative Importance

PurposeThe authors introduce non-Ricardian (“hand-to-mouth”) myopic agents into an otherwise standard real-business-cycle (RBC) setup augmented with a detailed government sector. The authors investigate the quantitative importance of the presence of nonoptimizing households for cyclical fluctuations in Bulgaria.Design/methodology/approachThe authors calibrate the RBC model to Bulgarian data for the period following the introduction of the currency board arrangement (1999–2018).FindingsThe authors find that the inclusion of such non-Ricardian households improves model performance along several dimensions and generally provides a better match vis-a-vis data, as compared to the standard model populated with Ricardian agents only.Originality/valueThis is a novel finding in the macroeconomic studies on Bulgaria using modern quantitative methods.

scholarly journals A Real-business-cycle Model with a Stochastic Capital Share: Lessons for Bulgaria (1999–2018)

2020 ◽  
Vol 14 (1) ◽  
pp. 107-121
Author(s):  
Aleksandar Vasilev
Keyword(s):  
Business Cycle ◽  
Jel Classification ◽  
Real Business Cycle ◽  
Capital Share ◽  
Government Sector ◽  
Cyclical Fluctuations ◽  
Business Cycle Model ◽  
The Cost ◽  
Real Business Cycle Model ◽  
Quantitative Importance

We allow for a stochastic capital share into a real-business-cycle setup with a government sector. We calibrate the model to Bulgarian data for the period following the introduction of the currency board arrangement (1999–2018). We investigate the quantitative importance of the variability in capital share for cyclical fluctuations in Bulgaria. In particular, allowing for a stochastic capital share in the model increases variability of investment and employment, at the cost of decreasing the volatility of wages, and causing employment to become countercyclical. JEL Classification: E24, E32

scholarly journals The role of inventories for the propagation of aggregate fluctuations: lessons for Bulgaria (1999–2019)

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Aleksandar Vasilev
Keyword(s):  
Business Cycle ◽  
Design Methodology ◽  
Aggregate Fluctuations ◽  
Content Type ◽  
Consumption Volatility ◽  
Business Cycle Fluctuations ◽  
The Government ◽  
Rbc Models ◽  
Quantitative Importance

PurposeIn this study, inventories are introduced as a productive input into a real-business-cycle (RBC) setup augmented with the government.Design/methodology/approachThe model is calibrated to Bulgarian data for the period 1999–2019. The quantitative importance of the presence of inventories is investigated.FindingsThe quantitative effect of inventories is found to be important: decreasing consumption volatility and increasing employment variability. Those results, however, are at the expense of decreasing wage volatility and increasing investment volatility, and generally worsening the contemporaneous correlations of the main variables with output.Originality/valueFluctuations in inventory levels matter for business cycle fluctuations in Bulgaria, which is a novel result. Still, there is a need for more research on the incorporation of inventories into RBC models to better fit the Bulgarian experience.

The effect of leadership orientation on innovation and its relationship with competitive advantages of small and medium enterprises in Indonesia

2018 ◽  
Vol 60 (2) ◽  
pp. 530-542
Author(s):  
Samsir Samsir
Keyword(s):  
Competitive Advantage ◽  
Design Methodology ◽  
Quantitative Methods ◽  
Small And Medium Enterprises ◽  
Competitive Advantages ◽  
Leadership Orientation ◽  
Content Type ◽  
Typical Food ◽  
Medium Enterprises ◽  
The Relationship

Purpose The purpose of this study is to investigate the influence of leadership orientation on competitive advantage with innovation as a mediating (intervening) variable. Design/methodology/approach Quantitative methods (Creswell, 2010) are used as the study design. It is an explanatory research with the purpose of explaining the phenomenon or pattern of correlation between concepts (Kothary, 2004). SMEs (small and medium entrepreneurs) of typical food products of Riau domiciled in Kepulauan Meranti Regency are the focus of this study; the sample size included 258 respondents. Findings There is a significant effect of leadership orientation on innovation. Higher leadership orientation will result in higher innovation. There is a significant effect of innovation on competitive advantage. Higher innovation will result in higher competitive advantage. Innovation as a mediation variable in the relationship between leadership orientation and competitive advantage indicates that higher leadership orientation will cause a higher competitive advantage, if the mediated innovation is also higher. Originality/value The originality of this research lies in innovation as a mediating (intervening) variable and a complement of a previous study by including the indicator that measures the variables of the research so that research results can be completed and detailed.

Approaches to supervising work-based learning students’ workplace research

2014 ◽  
Vol 4 (1) ◽  
pp. 44-65 ◽  
Author(s):  
Jon Talbot ◽  
Andy Lilley
Keyword(s):  
Higher Education ◽  
Design Methodology ◽  
Quantitative Methods ◽  
Research Projects ◽  
Content Type ◽  
Use Of Technology ◽  
Contextual Framework ◽  
E Learning ◽  
The Uk ◽  
Practical Implications

Purpose – The purpose of this paper is to outline a small research project designed to explore the practices of the UK work-based learning (WBL) tutors in facilitating formal research projects in the workplace. Design/methodology/approach – Data were collected using a short questionnaire to practitioners administered electronically and a daylong workshop where issues were discussed in greater depth by participating tutors. Findings – The main findings are that there is a degree of agreement by WBL tutors about the distinctiveness of WBL research projects; that although there is increasing use of technology to support delivery only one institution is using e-learning as the principal means of delivery; emphasis is upon a relatively small number of techniques and there is a strong preference for qualitative over quantitative methods. Research limitations/implications – The main limitation of the study is the relatively small number of active participants. However, this is the only study of its kind and the results offer insights into an important element of pedagogic practice in WBL. Practical implications – The project enabled the identification of common approaches and facilitated discussion of problems shared by WBL tutors across the field. There appears to be a consensus that situated investigation exists within a different contextual framework to traditional academic dissertation projects and that the focus is therefore necessarily on generating data as the basis for active problem solving. Originality/value – This is the only empirical study of practice in respect of facilitating research projects on WBL programmes in higher education.

scholarly journals Foresight evaluation: lessons from project management

foresight ◽  
2014 ◽  
Vol 16 (1) ◽  
pp. 75-91 ◽  
Author(s):  
Ekaterina A. Makarova ◽  
Anna Sokolova
Keyword(s):  
Project Management ◽  
Design Methodology ◽  
Quantitative Methods ◽  
Evaluation Model ◽  
Methodological Approach ◽  
Evaluation Process ◽  
Project Evaluation ◽  
Evaluation Framework ◽  
Content Type ◽  
Evaluation Procedures

Purpose – The aim of this paper is to identify ways for improvement of the foresight evaluation framework on the basis of analysis and systematisation of accumulated experience in the field of project management. Design/methodology/approach – The paper is based on a detailed literature review devoted to an evaluation of foresight and traditional projects. The approaches to project evaluation in the field of project management were investigated, and the main steps of traditional project evaluation process were determined. The most commonly applied steps of foresight evaluation were identified by the analysis of recent foresight evaluation projects. The comparison of evaluation frameworks for foresight projects and traditional projects allows to provide recommendations for foresight evaluation framework improvement. Findings – The paper identifies several lessons for foresight evaluation from project management. The elements which can enrich foresight evaluation framework are the following: the development of an evaluation model; the extensive use of quantitative methods; the elaboration of evaluation scales; the inclusion of economic indicators into evaluation; and the provision of more openness and transparency for evaluation results. Originality/value – Given the importance of foresight evaluation procedures and the lack of a commonly applied methodological approach, the value of this paper consists in identifying a foresight evaluation framework and enriching it with elements of project management.

Socio-environmental performance of transportation systems

2015 ◽  
Vol 26 (6) ◽  
pp. 826-851 ◽  
Author(s):  
Mohammadreza Amiri Khorheh ◽  
Frank Moisiadis ◽  
Hoda Davarzani
Keyword(s):  
Environmental Impacts ◽  
Environmental Performance ◽  
Design Methodology ◽  
Quantitative Methods ◽  
Transportation Systems ◽  
Survey Study ◽  
Content Type ◽  
The Social ◽  
Comprehensive Framework ◽  
Social And Environmental Impacts

Purpose – The purpose of this paper is to identify and categorize the social and environmental impacts of transportation systems, and address the appropriate solutions to mitigate and manage these impacts in order to achieve sustainability. Design/methodology/approach – This research performs a comprehensive literature review to suggest a framework on socio-environmental impacts of transportation and related solutions. The proposed framework is analyzed through quantitative methods and a survey study in freight transport. Findings – Findings support the direct relation of potential solutions and socio-environmental impacts of transportation. All four categories of solutions (technological, socio-economic and political, cultural and behavioral, and infrastructure related) reveal direct impact on reduction of environmental impacts. However only technological solutions were found to be influential on social impacts of the transportation. Originality/value – To the best of the authors’ knowledge there has not been any comprehensive framework covering social and environmental impacts of transportation in the literature. In addition, this paper categorizes potential solutions to enhance socio-environmental performance of the transportation and investigates their effectiveness.

Developing a general scientific methodology on tenets from Mario Bunges philosophy

Kybernetes ◽  
2016 ◽  
Vol 45 (4) ◽  
pp. 622-636 ◽  
Author(s):  
Daniel Joh. Adriaenssen ◽  
Jon-Arild Johannessen
Keyword(s):  
Social Science ◽  
Design Methodology ◽  
Quantitative Methods ◽  
Action Theory ◽  
Scientific Methodology ◽  
Systemic Thinking ◽  
Content Type ◽  
General Methodology ◽  
General Scientific ◽  
Practical Implications

Purpose – The purpose of this paper is to present a general scientific methodology on tenets from Mario Bunge’s philosophy. Design/methodology/approach – Systemic thinking and conceptual generalisation. Findings – A general scientific methodology based on tenets from Mario Bunge’s philosophy of social science. Research limitations/implications – Using quantitative methods to conduct a research to test Asplunds motivation theory and North’s action theory. Practical implications – How to conduct a research based on a systemic perspective. Social implications – An advantage of linking a systemic perspective to organisational psychology studies is that it may result in new ways of looking at old problems and bring new perspectives to the methods used. One explanation may be the fact that while researchers within various organisational psychology subject fields are largely specialists, the systemic perspective is oriented towards general scientific methodology. Originality/value – The authors have not seen anybody who have tried to apply systemic thinking as a general methodology for research.

How fund managers in Malaysia make decisions

2015 ◽  
Vol 7 (1) ◽  
pp. 72-87 ◽  
Author(s):  
Samsukri Glanville bin Mohamad Glanville bin Mohamad ◽  
Chad Perry
Keyword(s):  
Behavioral Finance ◽  
Design Methodology ◽  
Quantitative Methods ◽  
Western Country ◽  
Content Type ◽  
Fund Managers ◽  
Interview Research ◽  
Different Types ◽  
Investment Process ◽  
Practical Implications

Purpose – The purpose of this paper is to investigate how fund managers in a non-Western country like Malaysia follow investment processes developed in the West and taught in the finance departments of universities. Design/methodology/approach – This convergent interview research investigates how fund managers in Malaysia actually make their decisions, and develops a framework about their investment process. Findings – Understanding the economy was important for the managers but was an ongoing learning process. Their analyses sometimes started bottom-up or top-down, but all followed a four-layer process. The managers did not believe the investment process could be quantified. Research limitations/implications – Convergent interviewing is meant to be a first step in a complete research program. So, future researchers could consider extending the research to different periods, different research settings in other countries like Singapore, India or Indonesia, different types of investors and different methodologies like surveys. Practical implications – Practitioners should build on their experience, and understand principles of behavioral finance. Students in business schools should be taught in an experiential way, and school staff should use qualitative methods like convergent interviewing in their research projects. Originality/value – Contributions centre on the article’s behavioural finance findings that experience and non-quantitative methods are the core of Malaysian investment managers’ decision-making, and on its detailed description of the unusual research methodology in finance of convergent interviewing.

International management challenges of professional service firms: a synthesis of the literature

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ciara O’Higgins ◽  
Tatiana Andreeva ◽  
Nekane Aramburu Goya
Keyword(s):  
Design Methodology ◽  
Quantitative Methods ◽  
International Management ◽  
Professional Service ◽  
Service Firms ◽  
Professional Service Firms ◽  
Content Type ◽  
Qualitative And Quantitative ◽  
Qualitative And Quantitative Methods ◽  
Practical Implications

Purpose This paper aims to identify what international management challenges professional service firms (PSFs) face and why they face them. Design/methodology/approach This study carries a focussed thematic literature review of 102 empirical articles. This paper uses content analysis to extract and aggregate challenges identified by researchers in their fieldwork and then analysed this data using qualitative and quantitative methods. Findings This study identifies 10 international management challenges that PSFs face and a number of causes for these challenges. The analysis also suggests that the distinctive characteristics of PSFs generate some of the international management challenges for PSFs. Practical implications This study helps PSF managers understand the international management challenges they may face depending on the specifics of their company, thus helping them better prepare their internationalisation. Originality/value This study contributes to providing a greater understanding of what is holding PSFs back in their internationalisation and why. It demonstrates that distinctive characteristics of PSFs may predict the challenges that PSFs will face, thus paving the way for further research on international management in PSFs and for the development of the diagnostic tool for practitioners that could help them to identify which challenges they should prepare for most.

Academic libraries break down silos

2018 ◽  
Vol 119 (1/2) ◽  
pp. 135-138 ◽  
Author(s):  
Bruce Massis
Keyword(s):  
Literature Review ◽  
Standard Model ◽  
Teaching And Learning ◽  
Design Methodology ◽  
Academic Library ◽  
College Campus ◽  
Content Type ◽  
Reference Librarians ◽  
The Standard Model ◽  
Academic Resources

Purpose The purpose of this paper is to illustrate examples of the manner by which the academic library breaks down the silos on a college campus. Design/methodology/approach Literature review and commentary on this topic have been addressed by professionals, researchers and practitioners. Findings On a college campus, the value and impact of the academic library is today more than that of the standard model of libraries in which reference librarians offer available appropriate academic resources; but, the academic library is a place where the teaching and learning model of the standard model meets that of the support model to provide its users the best service by incorporating both aspects of the service. Originality/value The significance in exploring this topic is to provide evidence by which the academic library can and does offer a multitude of services that it can serve as the literal and physical center of a college campus.

Sign in / Sign up

Export Citation Format

Share Document