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Michela Balconi Irene Venturella Giulia Fronda Maria Elide Vanutelli 《Managerial and Decision Economics》2019,40(2):213-219
Leadership in organizations consists of a complex process, which includes the interpersonal relationship with collaborators. By using a neuroscientific approach, we evaluated the effect of the presence of unidirectional versus reciprocal feedback (provided only by the leader or by both figures), as well as the assignment of a quantitative or just a qualitative assessment. Skin conductance level and response (SCL and SCR), as well as heart rate (HR), have been recorded during a role playing. Results revealed increased emotional engagement (SCL/SCR) during no rating and reciprocal condition, as well as a stressful response (increased HR) during rating and unidirectional condition. 相似文献
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This paper employs the standard gravity model to identify the quality of governance of China's African trade partners. As a benchmark, we perform the same analysis on other major African trade partners: France, Germany, UK, and USA. Data from 53 African countries in 1996–2009 show that only China is consistently willing to import more from African countries with a lower governance standing. By doing so; China fills a gap left open by the other major world economies, and might even play a key role in the future development of Africa. 相似文献
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Quality & Quantity - A key feature of agent-based modeling is the understanding of the macroscopic behavior based on data at the microscopic level. In this respect, financial market models are... 相似文献
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De Masi Giulia Ricchiuti Giorgio 《Journal of Economic Interaction and Coordination》2020,15(1):133-158
Journal of Economic Interaction and Coordination - Fragmentation of production undoubtedly constitutes a possible channel of economic contagion and could play a key role in the study of systemic... 相似文献
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We estimate a behavioural model of household’s remittances to investigate to what extent the level of financial development in the home country affects decisions on whether and how much to remit. 相似文献
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Vasilis Hatzopoulos Giulia Iori Rosario N. Mantegna Michele Tumminello 《Quantitative Finance》2015,15(4):693-710
Interbank markets allow credit institutions to exchange capital for purposes of liquidity management. These markets are among the most liquid markets in the financial system. However, liquidity of interbank markets dropped during the 2007–2008 financial crisis, and such a lack of liquidity influenced the entire economic system. In this paper, we analyse transaction data from the e-MID market which is the only electronic interbank market in the Euro Area and US, over a period of 11 years (1999–2009). We adapt a method developed to detect statistically validated links in a network, in order to reveal preferential trading in a directed network. Preferential trading between banks is detected by comparing empirically observed trading relationships with a null hypothesis that assumes random trading among banks doing a heterogeneous number of transactions. Preferential trading patterns are revealed at time windows of 3-maintenance periods. We show that preferential trading is observed throughout the whole period of analysis and that the number of preferential trading links does not show any significant trend in time, in spite of a decreasing trend in the number of pairs of banks making transactions. We observe that preferential trading connections typically involve large trading volumes. During the crisis, we also observe that transactions occurring between banks with a preferential connection occur at larger interest rates than the complement set—an effect that is not observed before the crisis. 相似文献
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Giulia De Martino 《Advances in accounting, incorporating advances in international accounting》2011,27(2):355-365
The question of the correct method for recording lease transactions has already been the subject of debate both domestically and internationally for some time now (2009). The discussion on a set of rules for recording such operations has recently been fuelled by the inclusion in the FASB and IASB's agendas of a joint project regarding accounting rules for both the lessor and the lessee. To this very moment the preliminary output of this joint project has been the drafting of a discussion paper published on 19 March 2009. The present work offers a critical commentary on the main innovations introduced by the boards on the subject of lease accounting and illustrates an alternative accounting model which, starting with the identification of the essential economic elements of any lease contract, would be best suited to representing, in accounting terms, the reasoning and the actual purpose of a lease transaction. 相似文献
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Otuo Serebour Agyemang Giulia Fantini Abraham Ansong 《Journal Of African Business》2013,14(2):225-253
ABSTRACTThis study seeks to deepen our understanding on how country-level governance structures influence prevalence of foreign ownership of firms in Africa. This study reinforces the new institutional economics perspective by empirically highlighting that governance structures influence the prevalence of foreign ownership of companies in an economy. Using archival data from 39 African economies, we found that there is a significant positive association between regulatory quality and foreign ownership prevalence. Also, foreign ownership is prevalent in African countries that are politically stable and embrace rule of law. However, we found that countries with high voice and accountability structures are associated with low foreign ownership prevalence. 相似文献
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This article discusses horizontal wheat price transmission from international markets to the domestic Swiss market. The Swiss case is peculiar due to the presence of different border policies segmenting the domestic wheat market according to its use: food or feed. Vector Error Correction (VEC) models with structural breaks are estimated. They account for these policy instruments and their adaptation during periods of market exuberance, and acknowledge linkages between the two market segments. Estimation results suggest that the border policy regime isolates the domestic wheat market for feed use, while, in the food case, the domestic price still responds to international markets. 相似文献