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1. |
Record Nr. |
UNINA9910974029003321 |
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Autore |
Bianchi Javier |
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Titolo |
Macro-prudential Policy in a Fisherian Model of Financial Innovation / / Javier Bianchi, Emine Boz, Enrique Mendoza |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2012 |
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ISBN |
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9781475542516 |
1475542518 |
9781475570724 |
1475570724 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (55 p.) |
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Collana |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Financial institutions - Management - Econometric models |
Equilibrium (Economics) - Econometric models |
Asset prices |
Asymmetric and Private Information |
Banks |
Business Fluctuations |
Collateral |
Credit |
Current Account Adjustment |
Cycles |
Deflation |
Depository Institutions |
Externalities |
Finance |
Financial institutions |
Financial Markets and the Macroeconomy |
Housing |
Industries: Financial Services |
Inflation |
Land prices |
Loans |
Macroeconomics |
Micro Finance Institutions |
Monetary economics |
Monetary Policy, Central Banking, and the Supply of Money and Credit: General |
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Money and Monetary Policy |
Money |
Mortgages |
Nonagricultural and Nonresidential Real Estate Markets |
Open Economy Macroeconomics |
Price Level |
Prices |
Property & real estate |
Public finance & taxation |
Real Estate |
Revenue administration |
Short-term Capital Movements |
Tax administration and procedure |
Tax arrears management |
Tax Evasion and Avoidance |
Taxation |
United States |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Cover; Contents; 1.Introduction; 2 A Fisherian Model of Financial Innovation; 2.1 Decentralized Competitive Equilibrium; 2.2 Learning Environment; 2.3 Learning, Debt and Price Dynamics after Financial Innovation; 2.4 Recursive Anticipated Utility Competitive Equilibrium; 2.5 Conditionally Efficient Planners' Problems; 2.6 Pecuniary Externality and Decentralization of Planners' Allocations; 3 Quantitative Analysis; 3.1 Baseline Calibration; Tables; Table 1: Baseline Parameter Values; 3.2 Baseline Results; 3.3 Welfare Analysis; Table 2: Welfare Gains; 3.4 Sensitivity Analysis |
Table 3: Summary of Priors4 Conclusion; Appendixes; Appendix: Recursive Optimization Problems; References; References; Figures; Figure 1: Dynamics in the Baseline Calibration; Figure 2: Period 40 Bond Holdings and Asset Prices; Figure 3: Period 41 Bond Holdings and Asset Prices; Figure 4: Crisis Episode; Figure 5: Taxes on Debt and Land Dividends; Figure 6: Decomposition of Taxes on Debt; Figure 7: Priors; Figure 8: Dynamics in Gradual Optimism Calibration; Figure 9: Period 40 Bond Holdings and Prices: Gradual Optimism; Figure 10: Taxes on Debt and Land Dividends: Gradual Optimism |
Figure 11: Decomposition of Taxes on Debt: Gradual OptimismFigure 12: Dynamics in Asymmetric Priors Calibration; Figure 13: Taxes on Debt: Asymmetric Priors |
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Sommario/riassunto |
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The interaction between credit frictions, financial innovation, and a switch from optimistic to pessimistic beliefs played a central role in the 2008 financial crisis. This paper develops a quantitative general equilibrium framework in which this interaction drives the financial amplification mechanism to study the effects of macro-prudential policy. Financial innovation enhances the ability of agents to collateralize assets into debt, but the riskiness of this new regime can |
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only be learned over time. Beliefs about transition probabilities across states with high and low ability to borrow change as agents learn from observed realizations of financial conditions. At the same time, the collateral constraint introduces a pecuniary externality, because agents fail to internalize the effect of their borrowing decisions on asset prices. Quantitative analysis shows that the effectiveness of macro-prudential policy in this environment depends on the government's information set, the tightness of credit constraints and the pace at which optimism surges in the early stages of financial innovation. The policy is least effective when the government is as uninformed as private agents, credit constraints are tight, and optimism builds quickly. |
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2. |
Record Nr. |
UNINA9910595030203321 |
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Autore |
Sobry Claude |
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Titolo |
International Perspectives on Sport for Sustainable Development / / edited by Claude Sobry, Kazem Hozhabri |
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Pubbl/distr/stampa |
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Cham : , : Springer International Publishing : , : Imprint : Springer, , 2022 |
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ISBN |
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Edizione |
[1st ed. 2022.] |
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Descrizione fisica |
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1 online resource (382 pages) |
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Disciplina |
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Soggetti |
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Sports - Sociological aspects |
Sociology |
Leisure |
Sustainability |
Sports - Psychological aspects |
Sports - History |
Sport Sociology |
Leisure Studies |
Sport Psychology |
Sport History |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Nota di contenuto |
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The Complex Work of Moving Toward Effective Social Change and Peace through Sport : A Reflection Through Three Illustrative Case Studies -- Italian Sport Policies for the Sustainable Development -- The Role of Social Media to Increase Social Responsibilities Among Sports Tourists -- Small-Scale Sport Tourism and Community Development in Remote Resource Communities of the Northern Periphery. Svalbard Ski Marathon and Longyear City, The Host Community -- The Contribution of the Regional Sports Policy to Meet the Needs of the Casablanca Residents -- Practice of Motorized Leisure Activities and Sustainable Development: The Impact of the Code Of Good Conduct for Motorized Leisure Activities in the Morvan Regional Natural Park -- Sport Development and Development of Sport: Shifting Gears and Objectives over Two Decades -- Sport as a Vector to Develop Transparency: The Case of Lebanon -- Using Sport for Development for The Sustainable Development Goals: Why? How? What?- The Hosting of the 2015 African Games as a Catalyst for the Sustainable Development of the Brazzaville City -- Sporting Practices and Sustainable Development in the Indian Ocean Islands : What Are the Challenges for the Governance of Local Actors and the Dynamics of Territories?.-Traditional Sports and Games as a Resource -- Sport and Gender Equity: The Case of Iran -- Sustainability of Sport Tourism in Newly Discovered Destinations -- From Spotlight to Agency: Conditions for Athletes to Become Drivers of Social Development -- Health and Education Through Sport for Development in Extreme Development Contexts: Cases Studies from Haiti and Madagascar -- Sport and Tourism: A Desirable and Necessary Game for Development. |
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Sommario/riassunto |
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This book brings together examples and cases from across the world to discuss how sport has and can further contribute to the UN 2030 Sustainable Development agenda. It discusses the major steps that international bodies have taken so far and can further take in the progressive integration of sport for sustainable development. Contributors from 21 countries take up at least one of the 17 UNO Sport for Development and Peace goals, and present and analyse examples of national, regional or local policies using sport as a lever for sustainable development. From traditional games to major competitions, from gender equality to social development and developing governmental transparency, the chapters showcase diverse experiences and demonstrate that sport is today much more than just physical activity. This book is based on the network of the International Research Network in Sport Tourism (IRNIST) with the collaboration of Sport 4 Impact. It is the first step of a collaboration between universities and the world of associations working in partnership with organizations such as the UN or the European Union. The book is an important resource not just for students and researchers of sport science but for policy makers, bureaucrats and sport administrators. . |
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3. |
Record Nr. |
UNINA9910968627303321 |
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Autore |
Maira Sunaina |
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Titolo |
Boycott! : The Academy and Justice for Palestine / / Sunaina Maira |
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Pubbl/distr/stampa |
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Berkeley, CA : , : University of California Press, , [2017] |
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©2017 |
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ISBN |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (172 pages) |
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Collana |
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American Studies Now: Critical Histories of the Present ; ; 4 |
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Disciplina |
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Soggetti |
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Academic freedom - United States |
Boycotts - United States - 21st century |
Academic freedom - Palestine |
Boycotts - Palestine - 21st century |
Arab-Israeli conflict - Social aspects |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Front matter -- Contents -- Overview -- Introduction -- 1. Boycott as Tactic. Here and There -- 2. The Academic Boycott Movement -- 3. Backlash. The Boycott and the Culture/Race Wars -- 4. Academic Abolitionism. Boycott as Decolonization -- Acknowledgments -- Notes -- Glossary -- Selected Bibliography |
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Sommario/riassunto |
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The Boycott, Divestment, and Sanctions movement (BDS) has expanded rapidly though controversially in the United States in the last five years. The academic boycott of Israeli academic institutions is a key component of this movement. What is this boycott? Why does it make sense? And why is this an American Studies issue? In this short essential book, Sunaina Maira addresses these key questions. Boycott! situates the academic boycott in the broader history of boycotts in the United States as well as in Palestine and shows how it has evolved into a transnational social movement that has spurred profound intellectual and political shifts. It explores the movement's implications for antiracist, feminist, queer, and academic labor organizing and examines the boycott in the context of debates about Palestine, Zionism, race, rights-based politics, academic freedom, decolonization, |
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and neoliberal capitalism. |
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