Overview of U.S. Single-Family Residential Investment Strategies

ABSTRACT This paper introduces methodologies and optimal strategies to reduce the energy consumption of the building sector with the aim to reduce global energy usage of a given .region or country. Many efforts are underway to develop investment strategies for large-scale energy retrofits and stricter energy design standards for existing and future buildings. This paper presents a study that informs these strategies in a novel way. It introduces support for the cost-optimized retrofits of existing, and design improvements of new buildings in Turkey with the aim to offer recommendations to individual building owners as well as guidance to the market. Three building types, apartment, single-family house and office are analyzed with a novel optimization approach. The energy performance of each type is simulated in five different climate regions of Turkey and four different vintages. For each vintage, the building is modelled corresponding to local Turkish regulations that applied at the time of construction. Optimum results are produced for different goals in terms of energy saving targets. The optimization results reveal that a 50% energy saving target is attainable for the retrofit and a 40% energy saving target is attainable for new design improvements for each building type in all climate regions.

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Comparisons of Auditory Brainstem Responses Between a Laboratory and Simulated Home Environment

Journal of Speech Language and Hearing Research ◽

10.1044/2020_jslhr-20-00383 ◽

2020 ◽

Vol 63 (11) ◽

pp. 3877-3892

Author(s):

Ashley Parker ◽

Candace Slack ◽

Erika Skoe

Keyword(s):

Home Environment ◽

Signal To Noise Ratio ◽

Auditory Brainstem ◽

Auditory Brainstem Responses ◽

Single Family ◽

Adult Participants ◽

Simulated Home Environment ◽

Brainstem Response ◽

Research Populations ◽

Response Consistency

Purpose Miniaturization of digital technologies has created new opportunities for remote health care and neuroscientific fieldwork. The current study assesses comparisons between in-home auditory brainstem response (ABR) recordings and recordings obtained in a traditional lab setting. Method Click-evoked and speech-evoked ABRs were recorded in 12 normal-hearing, young adult participants over three test sessions in (a) a shielded sound booth within a research lab, (b) a simulated home environment, and (c) the research lab once more. The same single-family house was used for all home testing. Results Analyses of ABR latencies, a common clinical metric, showed high repeatability between the home and lab environments across both the click-evoked and speech-evoked ABRs. Like ABR latencies, response consistency and signal-to-noise ratio (SNR) were robust both in the lab and in the home and did not show significant differences between locations, although variability between the home and lab was higher than latencies, with two participants influencing this lower repeatability between locations. Response consistency and SNR also patterned together, with a trend for higher SNRs to pair with more consistent responses in both the home and lab environments. Conclusions Our findings demonstrate the feasibility of obtaining high-quality ABR recordings within a simulated home environment that closely approximate those recorded in a more traditional recording environment. This line of work may open doors to greater accessibility to underserved clinical and research populations.

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Pricing models of shares of Russian companies and their practical application

Voprosy Ekonomiki ◽

10.32609/0042-8736-2019-3-48-76 ◽

2019 ◽

pp. 48-76 ◽

Cited By ~ 1

Author(s):

Alexander E. Abramov ◽

Alexander D. Radygin ◽

Maria I. Chernova

Keyword(s):

Stock Market ◽

Institutional Investors ◽

Factor Model ◽

Investment Strategies ◽

Pricing Models ◽

Foreign Portfolio Investment ◽

Market Portfolio ◽

Stock Market Performance ◽

Long Time ◽

Russian Stock Market

The article analyzes the problems of applying stock pricing models in the Russian stock market. The novelty of the study lies in the peculiarities of the methodology used and the substantive conclusions on the specifics of the influence of fundamental factors on the pricing of shares of Russian companies. The study was conducted using its own 5-factor basic pricing model based on a sample of the most complete number of issues of shares of Russian issuers and a long time horizon, from 1997 to 2017. The market portfolio was the widest for a set of issuers. We consider the factor model as a kind of universal indicator of the efficiency of the stock market performance of its functions. The article confirms the significance of factors of a broad market portfolio, size, liquidity and, in part, momentum (inertia). However, starting from 2011, the significance of factors began to decrease as the qualitative characteristics of the stock market deteriorated due to the outflow of foreign portfolio investment, combined with the low level of development of domestic institutional investors. Also identified is the cyclical nature of the actions of company size and liquidity factors. Their ability to generate additional income on shares rises mainly at the stage of the fall of the stock market. The results of the study suggest that as domestic institutional investors develop on the Russian stock market, factor investment strategies can be used as a tool to increase the return on investor portfolios.

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The relation between R&D accounting treatment and the risk of the firm: Evidence from the Italian market

FINANCIAL REPORTING ◽

10.3280/fr2014-001002 ◽

2014 ◽

pp. 33-54 ◽

Cited By ~ 1

Author(s):

Riccardo Cimini ◽

Alessandro Gaetano ◽

Alessandra Pagani

Keyword(s):

Earnings Management ◽

Fiscal Year ◽

Investment Strategies ◽

Capital Assets ◽

Italian Market ◽

D Investment ◽

Firm Evidence

In this paper, we investigate the relation between the different accounting treatments of R&D expenditures and the risk of the entity in order to identify under which treatment insiders are more likely to carry out earnings management. By analysing the R&D investment strategies of a sample of 137 listed Italian entities that complied with the requirements of IAS 38 during fiscal year 2009, following Lantz and Sahut (2005), we calculate several indexes that show the preferences of insiders to account R&D expenditures as costs or capital assets, and we study the relation of such preferences with the risk of the entity, which we measure with the unlevered beta. We hypothesize that the entities, which considered the R&D investments as costs, are the riskiest ones due to the higher probability that insiders carried out earnings management. Our results confirm such hypothesis. This paper could have implications for academics and standard setters that could learn that behind accounting discretion, insiders could opportunistically behave against outsiders.

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