1.

Record Nr.

UNINA9910788525603321

Autore

Oomes Nienke

Titolo

The Utilization-Adjusted Output Gap : : Is the Russian Economy Overheating? / / Nienke Oomes, Oksana Dynnikova

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

1-4623-2559-9

1-4527-5116-1

1-282-47422-7

1-4519-0864-4

9786613821751

Descrizione fisica

1 online resource (46 p.)

Collana

IMF Working Papers

Altri autori (Persone)

DynnikovaOksana

Soggetti

Inflation (Finance) - Russia - Econometric models

Input-output analysis - Russia - Econometric models

Phillips curve - Econometric models

Inflation

Labor

Macroeconomics

Production and Operations Management

Macroeconomics: Production

Labor Economics Policies

Price Level

Deflation

Labor Economics: General

Labour

income economics

Capacity utilization

Output gap

Labor policy

Industrial capacity

Production

Economic theory

Prices

Labor economics

Russian Federation



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"March 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. THE NONACCELERATING INFLATION RATE OF FACTOR UTILIZATION""; ""III. FACTOR UTILIZATION IN RUSSIA""; ""A. Capacity Utilization""; ""B. Labor Utilization""; ""C. Estimating the Natural Rate""; ""IV. OUTPUT GAP ESTIMATES""; ""A. Trend Fitting and Statistical Filtering""; ""B. Production Function Approach""; ""V. CONCLUSIONS""; ""I. Characteristics and Methodology of Capacity Utilization Surveys""; ""II. Econometric NAICU Estimates""; ""III. Statistical Methods for Estimating the Output Gap""; ""References""

Sommario/riassunto

This paper estimates the output gap in Russia using a utilization-adjusted production function approach, which we argue is preferable to traditional output gap methods. The approach amounts to (1) using available surveys to estimate the "natural rates" of capacity and labor utilization above which inflation begins to accelerate; (2) estimating a production function with utilization-adjusted capital and labor inputs; and (3) defining potential output as the level of output obtained when both capital and labor are at their estimated natural rates. The results suggest that the output gap in Russia was negative between 1999 and 2003, but may have recently become positive, thus contributing to inflationary pressures.



2.

Record Nr.

UNINA9910298198003321

Autore

Corelli Angelo

Titolo

Analytical Corporate Finance / / by Angelo Corelli

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2018

ISBN

3-319-95762-7

9783319957623

Edizione

[2nd ed. 2018.]

Descrizione fisica

1 online resource (xx, 501 pages) : illustrations

Collana

Springer Texts in Business and Economics, , 2192-4333

Disciplina

658.15

Soggetti

Business enterprises—Finance

Risk management

Economics, Mathematical

Financial engineering

Accounting

Business Finance

Risk Management

Quantitative Finance

Financial Engineering

Financial Accounting

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

First edition published: 2016.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Basic Concepts -- Valuation Tools -- The Relationship Between Risk and Return -- Business Analysis -- Debt Valuation -- Equity Valuation -- Capital Structure -- Company Valuation -- Financial and Real Options -- Long-Term Financing -- Working Capital Management -- Financial Planning -- International Corporate Finance -- Special Topics.

Sommario/riassunto

This book draws readers’ attention to the financial aspects of daily life at a corporation by combining a robust mathematical setting and the explanation and derivation of the most popular models of the firm. Intended for third-year undergraduate students of business finance, quantitative finance, and financial mathematics, as well as first-year postgraduate students, it is based on the twin pillars of theory and analytics, which merge in a way that makes it easy for students to



understand the exact meaning of the concepts and their representation and applicability in real-world contexts. Examples are given throughout the chapters in order to clarify the most intricate aspects; where needed, there are appendices at the end of chapters, offering additional mathematical insights into specific topics. Due to the recent growth in knowledge demand in the private sector, practitioners can also profit from the book as a bridge-builder between university and industry. Lastly, the book provides useful information for managers who want to deepen their understanding of risk management and come to recognize what may have been lacking in their own systems.