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A bstract Adolph Lowe's work was dedicated chiefly to developing "political economics" as a foundation for economic theory and instrumental analysis to direct a politically free economy along the path of economic growth
This paper argues that the public management inherent in instrumentalism is not likely to be acceptable in the U S or the U K, except in national economic emergency Yet, the formerly planned economies of central and eastern Europe, whose history is one of stringent control, may have a political preference for a Lowe type of instrumentalism to avoid the results of uncontrolled market processes
The reception accorded Lowe's political economics by economists, as members of a professional community, reflects their methodological preferences and policy views Those who are skeptical of the market clearing capability of the price mechanism, and explain capitalist development as an ongoing historical process, are more likely to be appreciative of instrumental analysis as a policy tool 相似文献
This paper argues that the public management inherent in instrumentalism is not likely to be acceptable in the U S or the U K, except in national economic emergency Yet, the formerly planned economies of central and eastern Europe, whose history is one of stringent control, may have a political preference for a Lowe type of instrumentalism to avoid the results of uncontrolled market processes
The reception accorded Lowe's political economics by economists, as members of a professional community, reflects their methodological preferences and policy views Those who are skeptical of the market clearing capability of the price mechanism, and explain capitalist development as an ongoing historical process, are more likely to be appreciative of instrumental analysis as a policy tool 相似文献
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Rim El Khoury Nohade Nasrallah Khaled Hussainey Rima Assaf 《Journal of International Financial Management & Accounting》2023,34(2):279-317
This study is epicentral to analyze the impact of the Russia–Ukraine war on the financial markets, specifically focusing on the connectedness and spillover dynamics of FinTech, Environmental, Social, and Governance (ESG), renewable energy, gold, and Morgan Stanley Capital International (MSCI) indices in developed and emerging countries. Data are collected from Thomson Reuters, ranging from May 8, 2020, to May 11, 2022, and a time-varying parameter vector autoregression (TVP-VAR) and the dynamic conditional correlation (DCC) generalized autoregressive conditional heteroskedasticity (GARCH) t-Copula (DCC-GARCH t-Copula) are used to analyze the data. The results show that FinTech, ESG, and MSCI are net transmitters in developed countries, whereas gold and renewable energy are net receivers pre- and during war periods. ESG and MSCI are net transmitters in emerging countries, while FinTech, renewable energy, and gold become net receivers in both periods. The hedging ratio sheds light on the costs and weights of efficient pair investments that might change in the context of each region and under the combined scenario. The study has important implications for merchant bankers, policymakers, investors, hedgers, and risk managers. 相似文献
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Rima Khatib Henri Barki 《Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l\u0027Administration》2020,37(4):528-539
The objective of the present paper is to identify and develop a framework of IS habits that individuals tend to develop in organizational contexts. Based on Duhigg's (2012) framework of habit, the paper develops a new conceptualization of IS habit as a cue–routine–reward loop. The key difference between the proposed conceptualization and those that have been used in past research is its consideration of rewards as an essential element of habit. Based on the results of an exploratory study, the proposed framework of habits incorporates several categories of IS routines, cues, and rewards, as well as five propositions that explain how individual usage behaviours develop into IS habits. The paper's findings are also likely to help improve employee task performances. 相似文献
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Rima M. Bizri 《Entrepreneurship & Regional Development》2013,25(9-10):847-868
AbstractThis paper seeks to identify the characteristics of refugee-entrepreneurial startups, which distinguish them from other immigrant entrepreneurial ventures. The author employed a single case analysis as a means of qualitative research into the phenomenon under study, from the perspective of social capital theory. A typical case of a refugee entrepreneur was selected based on his propensity to tell his story in a way that transparently reveals the various peculiarities of his entrepreneurial behavior. The case study involved the use of interviews with key individuals, the review of printed materials, and member checking. The findings revealed five distinctive attributes that characterized that startup and which corresponded to the three dimensions of social capital. Those attributes were: a ‘one-way-ahead’ attitude, a pseudo family business perception, collective bootstrapping, a distinct network structure, and opportunity-seizing proliferation, thereby depicting how social capital is used by refugee-entrepreneurs to maximize the pool of opportunities in their host nations. 相似文献
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Bank Competition and Financial Stability 总被引:4,自引:3,他引:1
Allen N. Berger Leora F. Klapper Rima Turk-Ariss 《Journal of Financial Services Research》2009,35(2):99-118
Under the traditional “competition-fragility” view, more bank competition erodes market power, decreases profit margins, and
results in reduced franchise value that encourages bank risk taking. Under the alternative “competition-stability” view, more
market power in the loan market may result in higher bank risk as the higher interest rates charged to loan customers make
it harder to repay loans, and exacerbate moral hazard and adverse selection problems. The two strands of the literature need
not necessarily yield opposing predictions regarding the effects of competition and market power on stability in banking.
Even if market power in the loan market results in riskier loan portfolios, the overall risks of banks need not increase if
banks protect their franchise values by increasing their equity capital or engaging in other risk-mitigating techniques. We
test these theories by regressing measures of loan risk, bank risk, and bank equity capital on several measures of market
power, as well as indicators of the business environment, using data for 8,235 banks in 23 developed nations. Our results
suggest that—consistent with the traditional “competition-fragility” view—banks with a higher degree of market power also
have less overall risk exposure. The data also provides some support for one element of the “competition-stability” view—that
market power increases loan portfolio risk. We show that this risk may be offset in part by higher equity capital ratios.
相似文献
Rima Turk-ArissEmail: |
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Lone?ChristiansenEmail author Huidan?Lin Joana?Pereira Petia?Topalova Rima?Turk 《Intereconomics》2017,52(1):5-16
This paper investigates the drivers of female labour force participation in Europe, as well as the implications of achieving greater gender diversity in senior corporate positions. Re-examining the drivers of women’s decisions to work is particularly important in the context of Europe. In many European countries, the process of closing gender gaps in labour force participation has stalled, despite greater gender equality in human capital investment, declining birth rates, changing social norms and equal legal access to employment opportunities. 相似文献
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Ingrid H. Rima 《Review of Political Economy》2013,25(4):575-586
The point of departure for this paper is a 1941 Note on profit margins co-authored by Joan Robinson and Nicholas Kaldor that remained unpublished until 2000. Robinson's reviews of Henry Clay's The Problem of Industrial Relationships, Bresciani Turroni's The Economics of Inflation, and Roy Harrod's Towards a Dynamic Economics, along with her 1965 Cambridge Inaugural Lecture, may be interpreted as analogous documents that develop her critique of neoclassical wage theory and identify the money wage as the economy's ‘key’ price. These publications were critical steps toward the wage mark-up hypothesis and Post-Keynesian support of incomes policy to contain inflation. Robinson's Harrod review anticipated her later ideas about economic growth. With Kalecki's notion of ‘the degree of monopoly’ and her own concept of neo-mercantilism (from the Inaugural Lecture), these themes are nascent in the Robinson–Kaldor Note on profit margins. 相似文献