Download or read book Slow Moving Capital written by Mark Mitchell and published by . This book was released on 2007 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study three cases in which specialized arbitrageurs lost significant amounts of capital and, as a result, became liquidity demanders rather than providers. The effects on security markets were large and persistent: Prices dropped relative to fundamentals and the rebound took months. While multi-strategy hedge funds who were not capital constrained increased their positions, a large fraction of these funds actually acted as net sellers consistent with the view that information barriers within a firm (not just relative to outside investors) can lead to capital constraints for trading desks with mark-to-market losses. Our findings suggest that real world frictions impede arbitrage capital.
Download or read book Capital written by Karl Marx and published by Princeton University Press. This book was released on 2024-09-17 with total page 944 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marx for the twenty-first century The first new English translation in fifty years—and the only one based on the last German edition revised by Marx himself Featuring extensive original commentary, including a foreword by acclaimed political theorist Wendy Brown “An astounding achievement.”—China Miéville, author of October: The Story of the Russian Revolution Karl Marx (1818–1883) was living in exile in England when he embarked on an ambitious, multivolume critique of the capitalist system of production. Though only the first volume saw publication in Marx’s lifetime, it would become one of the most consequential books in history. This magnificent new edition of Capital is a translation of Marx for the twenty-first century. It is the first translation into English to be based on the last German edition revised by Marx himself, the only version that can be called authoritative, and it features extensive commentary and annotations by Paul North and Paul Reitter that draw on the latest scholarship and provide invaluable perspective on the book and its complicated legacy. At once precise and boldly readable, this translation captures the momentous scale and sweep of Marx’s thought while recovering the elegance and humor of the original source. For Marx, our global economic system is relentlessly driven by “value”—to produce it, capture it, trade it, and, most of all, to increase it. Lifespans are shortened under the demand for ever-greater value. Days are lengthened, work is intensified, and the division of labor deepens until it leaves two classes, owners and workers, in constant struggle for life and livelihood. In Capital, Marx reveals how value came to tyrannize our world, and how the history of capital is a chronicle of bloodshed, colonization, and enslavement. With a foreword by Wendy Brown and an afterword by William Clare Roberts, this is a critical edition of Capital for our time, one that faithfully preserves the vitality and directness of Marx’s German prose and renders his ideas newly relevant to modern readers.
Download or read book Studies in Applied Economics written by Léon Walras and published by Taylor & Francis. This book was released on 2005 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 2004. Routledge is an imprint of Taylor & Francis, an informa company.
Download or read book Time Space and Capital written by Åke E. Andersson and published by Edward Elgar Publishing. This book was released on 2017-07-28 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this challenging book, the authors demonstrate that economists tend to misunderstand capital. Frank Knight was an exception, as he argued that because all resources are more or less durable and have uncertain future uses they can consequently be classed as capital. Thus, capital rather than labor is the real source of creativity, innovation, and accumulation. But capital is also a phenomenon in time and in space. Offering a new and path-breaking theory, they show how durable capital with large spatial domains — infrastructural capital such as institutions, public knowledge, and networks — can help explain the long-term development of cities and nations.
Download or read book Global Algorithmic Capital Markets written by Walter Mattli and published by . This book was released on 2019 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book illustrates the dramatic recent transformations in capital markets worldwide. Market making by humans in centralized markets has been replaced by super computers and algorithms in often highly fragmented markets. This book discusses how this impacts public policy objectives and how market governance could be strengthened.
Download or read book The Silicon Dragon written by Terence Tsai and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Silicon Dragon is a systematic study of the growth of high-tech giants in the Greater China Region, depicting the success story of the microelectronics industry in Taiwan. Literature and studies on Taiwan s success are surprisingly limited, and this book aims to fill this gap, addressing questions such as: How has Taiwan achieved such an outstanding performance in the information industry? How did Taiwan obtain and maintain its competitive advantage? What was the secret of success? What role did the government and manufacturers play during the development process? What insights can newcomers gain from these achievements? The book examines the government policies that acted as catalysts to the growth of high-tech industries in Taiwan, along with the roles of high-tech incubators and government-administered science parks. The authors provide case studies of high profile companies including Acer, Philips Semiconductors and Macronix International, and interviews with key decision makers to highlight the corporate strategies adopted in response to government policies and global commercial demand. Finally, insightful narratives on the birth and growth of a government-fostered strategic industry are provided, as is a synopsis of the Asian contribution to the evolution of the global microelectronics development. This book will strongly appeal to academics, researchers and students with an interest in engineering, technology and business management. Business managers and government officials will also find much to interest them in this book.
Download or read book Inquiries into the Nature of Slow Money written by Woody Tasch and published by Chelsea Green Publishing. This book was released on 2010-05-15 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Could there ever be an alternative stock exchange dedicated to slow, small, and local? Could a million American families get their food from CSAs? What if you had to invest 50 percent of your assets within 50 miles of where you live?Such questions-at the heart of slow money-represent the first steps on our path to a new economy. Inquiries into the Nature of Slow Money presents an essential new strategy for investing in local food systems and introduces a group of fiduciary activists who are exploring what should come after industrial finance and industrial agriculture. Theirs is a vision for investing that puts soil fertility into return-on-investment calculations and serves people and place as much at it serves industry sectors and markets. Leading the charge is Woody Tasch-whose decades of work as a venture capitalist, foundation treasurer, and entrepreneur now shed new light on a truer, more beautiful, more prudent kind of fiduciary responsibility. He offers an alternative vision to the dusty old industrial concepts of the nineteenth and twentieth centuries when dollars, and the businesses they financed, lost their connection to place; slow money, on the other hand, is firmly rooted in the new economic, social, and environmental realities of the 21st century. Inquiries into the Nature of Slow Money is a call to action for designing capital markets built around not extraction and consumption but preservation and restoration. Is it a movement or is it an investment strategy? Yes.
Download or read book Econophysics and Capital Asset Pricing written by James Ming Chen and published by Springer. This book was released on 2017-10-04 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book rehabilitates beta as a definition of systemic risk by using particle physics to evaluate discrete components of financial risk. Much of the frustration with beta stems from the failure to disaggregate its discrete components; conventional beta is often treated as if it were "atomic" in the original Greek sense: uncut and indivisible. By analogy to the Standard Model of particle physics theory's three generations of matter and the three-way interaction of quarks, Chen divides beta as the fundamental unit of systemic financial risk into three matching pairs of "baryonic" components. The resulting econophysics of beta explains no fewer than three of the most significant anomalies and puzzles in mathematical finance. Moreover, the model's three-way analysis of systemic risk connects the mechanics of mathematical finance with phenomena usually attributed to behavioral influences on capital markets. Adding consideration of volatility and correlation, and of the distinct cash flow and discount rate components of systematic risk, harmonizes mathematical finance with labor markets, human capital, and macroeconomics.
Download or read book Macroeconomic Consequences of Demographic Change written by Sebastian Rausch and published by Springer Science & Business Media. This book was released on 2009-04-03 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book represents a culmination of my Ph.D. research conducted at the Ruhr Graduate School in Economics and at the University of Duisburg-Essen from Oc- ber 2005 to April 2008. Many people have generously contributed their time, ex- rience and resources towards the success of this dissertation. First and foremost, I would like to thank Prof. Dr. Volker Clausen, a great sup- visor, who has always encouraged my work. It has been a pleasure to work under his excellent guidance. His steady engagement and support have provided me the kind of working environment that has proved to be instrumental in writing this thesis. I am also grateful to my second supervisor, Prof. Dr. Thomas F. Rutherford, who has inspired my work from the beginning. This thesis would de?nitely not have been possible without his innumerable and fundamental contributions in the area of c- putational economics. As a co-author of Chapter 2 of this thesis, he was a pleasure to collaborate with and learn from.
Download or read book Monthly Labor Review written by and published by . This book was released on 1992-07 with total page 636 pages. Available in PDF, EPUB and Kindle. Book excerpt: Publishes in-depth articles on labor subjects, current labor statistics, information about current labor contracts, and book reviews.
Download or read book Studies in Applied Economics Volume II written by Léon Walras and published by Routledge. This book was released on 2007-11-21 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is Volume II in a series on Studies in Applied Economics and looks at the theory of the production of social wealth in the areas of agriculture, industry, commerce banking and stock markets. The two volumes form a translation from French of Walras’s two main books, Études d’économie politique appliquée (Théorie de la production de la richesse sociale) (1898) and Études d’économie sociale (Théorie de la répar[1]tition de la richesse sociale) (1896).
Download or read book The Cracker Baker written by and published by . This book was released on 1922 with total page 1414 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Value Distribution and Capital written by Gary Mongiovi and published by Routledge. This book was released on 2005-09-27 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores some of the most important themes in neo-Ricardian economics. It explores the many contributions of Pierangelo Garengnani to modern economics, including his work in capital theory, the theory of effective demand and stability analysis. Contributors include Paul Samuelson, John Eatwell, Murray Milgate, Edward Nell, Alessandro Roncaglia and Ian Steedman.
Download or read book Bulletin of the United States Bureau of Labor Statistics written by and published by . This book was released on 1983 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Accounting for Slower Economic Growth written by Edward F. Denison and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting for Slower Economic Growth examines labor productivity and productivity accounting during the 1970s in the United States.
Download or read book Spain 2021 Article IV Consultation Press Release Staff Report and Statement by the Executive Director for Spain written by International Monetary and published by International Monetary Fund. This book was released on 2022-02-16 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Spanish economy is recovering from the deep recession caused by the COVID pandemic and employment is already above its pre-pandemic level. A highly successful vaccination campaign helped limit the impact of the recent wave of infections on hospitalizations and economic activity. Output is expected to return to its pre-pandemic level by the end of 2022. However, there is significant uncertainty around the recovery path related to the evolution of the pandemic and the duration of global supply bottlenecks. The pace of absorption and the effectiveness of use of Next Generation EU (NGEU) funds will also affect growth in the coming years. In the near term, the key policy challenge is to continue to provide targeted pandemic support while facilitating resource reallocation and a transformation to a greener and more inclusive economy.
Download or read book Motor Truck written by and published by . This book was released on 1924 with total page 774 pages. Available in PDF, EPUB and Kindle. Book excerpt:
