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| examples of economic capital: International Convergence of Capital Measurement and Capital Standards , 2004 |
| examples of economic capital: Economic Capital Pieter Klaassen, Idzard van Eeghen, 2009-05-28 Managers can deploy and manage economic capital more effectively when they understand how their decisions add value to their organizations. Economic Capital: How It Works and What Every Manager Needs to Know presents new ways to define, measure, and implement management strategies by using recent examples, many from the sub-prime crisis. The authors also discuss the role of economic capital within the broader context of management responsibilities and activities as well as its relation to other risk management tools that are available to the modern risk manager. - Explains ways to use economic capital in balancing risk and return - Evaluates solutions to problems encountered in establishing an economic capital framework - Emphasizes intuition - Draws special attention to embedding risk modelling approaches within economic capital frameworks |
| examples of economic capital: Forms of Capital Pierre Bourdieu, 2004 |
| examples of economic capital: Capitalism without Capital Jonathan Haskel, Stian Westlake, 2018-10-16 Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies. |
| examples of economic capital: Capital in the Twenty-First Century Thomas Piketty, 2017-08-14 What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today. |
| examples of economic capital: The Mystery of Capital Hernando De Soto, 2007-03-20 A renowned economist argues for the importance of property rights in the most intelligent book yet written about the current challenge of establishing capitalism in the developing world (Economist) The hour of capitalism's greatest triumph, writes Hernando de Soto, is, in the eyes of four-fifths of humanity, its hour of crisis. In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail? In strong opposition to the popular view that success is determined by cultural differences, de Soto finds that it actually has everything to do with the legal structure of property and property rights. Every developed nation in the world at one time went through the transformation from predominantly extralegal property arrangements, such as squatting on large estates, to a formal, unified legal property system. In the West we've forgotten that creating this system is what allowed people everywhere to leverage property into wealth. This persuasive book revolutionized our understanding of capital and points the way to a major transformation of the world economy. |
| examples of economic capital: The Oxford Handbook of Pierre Bourdieu Thomas Medvetz, Jeffrey J. Sallaz, 2018-04-02 Pierre Bourdieu was one of the most influential social thinkers of the past half-century, known for both his theoretical and methodological contributions and his wide-ranging empirical investigations into colonial power in Algeria, the educational system in France, the forms of state power, and the history of artistic and scientific fields-among many other topics. Despite the depth and breadth of his influence, however, Bourdieu's legacy has yet to be assessed in a comprehensive manner. The Oxford Handbook of Pierre Bourdieu fills this gap by offering a sweeping overview of Bourdieu's impact on the social sciences and humanities. Thomas Medvetz and Jeffrey J. Sallaz have gathered a diverse array of leading scholars who place Bourdieu's work in the wider scope of intellectual history, trace the development of his thought, offer original interpretations and critical engagement, and discuss the likely impact of his ideas on future social research. The Handbook highlights Bourdieu's contributions to established areas of research-including the study of markets, the law, cultural production, and politics-and illustrates how his concepts have generated new fields and objects of study. |
| examples of economic capital: The Code of Capital Katharina Pistor, 2020-11-03 Capital is the defining feature of modern economies, yet most people have no idea where it actually comes from. What is it, exactly, that transforms mere wealth into an asset that automatically creates more wealth? The Code of Capital explains how capital is created behind closed doors in the offices of private attorneys, and why this little-known fact is one of the biggest reasons for the widening wealth gap between the holders of capital and everybody else. In this revealing book, Katharina Pistor argues that the law selectively codes certain assets, endowing them with the capacity to protect and produce private wealth. With the right legal coding, any object, claim, or idea can be turned into capital - and lawyers are the keepers of the code. Pistor describes how they pick and choose among different legal systems and legal devices for the ones that best serve their clients' needs, and how techniques that were first perfected centuries ago to code landholdings as capital are being used today to code stocks, bonds, ideas, and even expectations--assets that exist only in law. A powerful new way of thinking about one of the most pernicious problems of our time, The Code of Capital explores the different ways that debt, complex financial products, and other assets are coded to give financial advantage to their holders. This provocative book paints a troubling portrait of the pervasive global nature of the code, the people who shape it, and the governments that enforce it.--Provided by publisher. |
| examples of economic capital: Social Capital in the Asia Pacific Yuliani Suseno, Chris Rowley, 2020-05-06 Social capital is broadly conceptualised as consisting of resources and network ties embedded in the social structures and relationships that facilitate beneficial outcomes for the actors within those structures. Despite the number of research studies on social capital, there have been fewer attempts to examine social capital in the context of service-oriented firms, particularly in the Asia Pacific. This is surprising as the service industry plays an important role in the global services trade transactions and business activities. Social capital enables and maintains social relations for business transformation for service-oriented firms. Indeed, it would be unimaginable for any economic activity, particularly in service-oriented firms, to occur without social capital. This examination of social capital in the Asia Pacific region provides the context for recognising the cultural, social and economic opportunities and challenges of several Asia Pacific countries that can potentially enrich our knowledge and understanding of the region. Contributions are drawn from cases based in Thailand, Indonesia, South Korea, China and Australia, for relevant application in the areas of social capital and service-oriented firms in the Asia Pacific. This book was originally published as a special issue of the Asia Pacific Business Review. |
| examples of economic capital: Professional Capital Andy Hargreaves, Michael Fullan, 2015-04-24 The future of learning depends absolutely on the future of teaching. In this latest and most important collaboration, Andy Hargreaves and Michael Fullan show how the quality of teaching is captured in a compelling new idea: the professional capital of every teacher working together in every school. Speaking out against policies that result in a teaching force that is inexperienced, inexpensive, and exhausted in short order, these two world authorities--who know teaching and leadership inside out--set out a groundbreaking new agenda to transform the future of teaching and public education. Ideas-driven, evidence-based, and strategically powerful, Professional Capital combats the tired arguments and stereotypes of teachers and teaching and shows us how to change them by demanding more of the teaching profession and more from the systems that support it. This is a book that no one connected with schools can afford to ignore. This book features: (1) a powerful and practical solution to what ails American schools; (2) Action guidelines for all groups--individual teachers, administrators, schools and districts, state and federal leaders; (3) a next-generation update of core themes from the authors' bestselling book, What's Worth Fighting for in Your School? [This book was co-published with the Ontario Principals' Council.]. |
| examples of economic capital: Economic Capital and Financial Risk Management for Financial Services Firms and Conglomerates B. Porteous, P. Tapadar, 2005-12-19 The authors present a comprehensive and timely discussion of economic capital and financial risk management for financial services firms and conglomerates. Topics covered include: the different types of risks that firms collect; risk governance issues; how stress testing can be used to measure risk; the provision of a clear and precise definition of economic capital; the different types of capital that are eligible to back regulatory capital, and; the development of models that can be used to estimate a firm's economic capital requirements. A unique feature of the book is that, for the first time, the economic capital requirements of financial services firms across the entire risk spectrum, from the short end to the long end, are considered in one book. The authors develop models to estimate the economic capital requirements of banks, asset management firms, life and non-life insurance firms, pension funds, and the financial services conglomerates that comprise these firms. Economic capital is compared to regulatory capital and regulatory capital arbitrage is discussed. The diversification benefit present in financial services conglomerates is quantified and the practical management of this diversification benefit is dealt with. The authors give new insights into capital management and performance measurement for financial services conglomerates and provide detailed descriptions of the main financial services firm regulatory capital changes that are ongoing at the time of writing. This superb and original book charts new ground in the practical application of economic capital for financial services firms and conglomerates. It is required reading for all capital allocation and risk professionals. |
| examples of economic capital: OECD Insights Human Capital How what you know shapes your life Keeley Brian, 2007-02-20 This book explores the impact of education and learning on our societies and lives and examines what countries are doing to provide education and training to support people throughout their lives. |
| examples of economic capital: Pierre Bourdieu: A Heroic Structuralism Jean-Louis Fabiani, 2020-11-30 Can one speak dispassionately about Pierre Bourdieu? Jean-Louis Fabiani’s book is an attempt to apply Bourdieu’s analytical tools to his own work. Testing their limitations and their potential ambiguity allows the author to shed new light on the social genesis of his main concepts and on the complex relationship between science and politics. |
| examples of economic capital: Varieties of Capitalism Peter A. Hall, David W. Soskice, 2001 Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide. |
| examples of economic capital: Social Capital Partha Dasgupta, Ismail Serageldin, 2000 This book contains a number of papers presented at a workshop organised by the World Bank in 1997 on the theme of 'Social Capital: Integrating the Economist's and the Sociologist's Perspectives'. The concept of 'social capital' is considered through a number of theoretical and empirical studies which discuss its analytical foundations, as well as institutional and statistical analyses of the concept. It includes the classic 1987 article by the late James Coleman, 'Social Capital in the Creation of Human Capital', which formed the basis for the development of social capital as an organising concept in the social sciences. |
| examples of economic capital: Marx, Capital and the Madness of Economic Reason David Harvey, 2018 Prologue -- The visualisation of capital as value in motion -- Capital, the book -- Money as the representation of value -- Anti-value: the theory of devaluation -- Prices without values -- The question of technology -- The space and time of value -- The production of value regimes -- The madness of economic reason -- Coda |
| examples of economic capital: Money and Capital in Economic Development Ronald I. McKinnon, 2010-12-01 This books presents a theory of economic development very different from the stages of growth hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a bootstrap approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems. |
| examples of economic capital: General Theory Of Employment , Interest And Money John Maynard Keynes, 2016-04 John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and Keynesian views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning |
| examples of economic capital: Cost of Capital Shannon P. Pratt, Roger J. Grabowski, 2008-02-25 In this long-awaited Third Edition of Cost of Capital: Applications and Examples, renowned valuation experts and authors Shannon Pratt and Roger Grabowski address the most controversial issues and problems in estimating the cost of capital. This authoritative book makes a timely and significant contribution to the business valuation body of knowledge and is an essential part of the expert's library. |
| examples of economic capital: Economic Capital Allocation with Basel II Dimitris N. Chorafas, 2004-02-09 This book is a complimentary follow-on book to Operational Risk Control with Basel II. While the previous book focuses on operational risk, Economic Capital Allocation provides an overview of credit risk within the context of the Basel II accords.The book provides:* comprehensive coverage of the evolution of the banking industry with Basel II in mind* extensive information on the capital requirements for bank liquidity and solvency * coverage of the new rules as laid down by the supervisory authorities of the Group of Ten industrialized nations* key information on the technical requirements for credit institutions such as: new credit rating scales, modeling of credit risk, control of operational risks, and, novel ways and means for the management of exposure to Credit Risk* Basel II accords must be implemented by 2006 and require 2 years preparation for proper implementation* Author at the forefront in the development of the Basel II Capital Adequacy Accord * Based on intensive research in the US, UK and continental Europe |
| examples of economic capital: The Oxford Handbook of Karl Marx Matt Vidal, Tony Smith, Tomás Rotta, Paul Prew, 2019-03-26 Karl Marx is one of the most influential writers in history. Despite repeated obituaries proclaiming the death of Marxism, in the 21st century Marx's ideas and theories continue to guide vibrant research traditions in sociology, economics, political science, philosophy, history, anthropology, management, economic geography, ecology, literary criticism, and media studies. Due to the exceptionally wide influence and reach of Marxist theory, including over 150 years of historical debates and traditions within Marxism, finding a point of entry can be daunting. The Oxford Handbook of Karl Marx provides an entry point for those new to Marxism. At the same time, its chapters, written by leading Marxist scholars, advance Marxist theory and research. Its coverage is more comprehensive than previous volumes on Marx in terms of both foundational concepts and state-of-the-art empirical research on contemporary social problems. It is also provides equal space to sociologists, economists, and political scientists, with substantial contributions from philosophers, historians, and geographers. The Oxford Handbook of Karl Marx consists of six sections. The first section, Foundations, includes chapters that cover the foundational concepts and theories that constitute the core of Marx's theories of history, society, and political economy. This section demonstrates that the core elements of Marx's political economy of capitalism continue to be defended, elaborated, and applied to empirical social science and covers historical materialism, class, capital, labor, value, crisis, ideology, and alienation. Additional sections include Labor, Class, and Social Divisions; Capitalist States and Spaces; Accumulation, Crisis, and Class Struggle in the Core Countries; Accumulation, Crisis, and Class Struggle in the Peripheral and Semi-Peripheral Countries; and Alternatives to Capitalism. |
| examples of economic capital: Understanding and Measuring Social Capital Christiaan Grootaert, Thierry Van Bastelaer, 2002 This work details various methods of gauging social capital and provides illustrative case studies from Mali and India. It also offers a measuring instrument, the Social Capital Assessment Tool, that combines quantitative and qualitative approaches. |
| examples of economic capital: Essential Economics Matthew Bishop, 2004-05-01 |
| examples of economic capital: The Fourth Industrial Revolution Klaus Schwab, 2017-01-03 World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress. |
| examples of economic capital: Ruling Class, Ruling Culture R. W. Connell, Raewyn Connell, 1977-02-17 A study of the Australian ruling class and of how class relations are cemented culturally and psychologically. |
| examples of economic capital: European Somalis' Post-Migration Movements Joëlle Moret, 2018-09-19 Based on a qualitative study on migrants of Somali origin who have settled in Europe for at least a decade, this open access book offers a ground-breaking exploration of the idea of mobility, both empirically and theoretically. It draws a comprehensive typology of the varied “post-migration mobility practices” developed by these migrants from their country of residence after having settled there. It argues that cross-border mobility may, under certain conditions, become a form of capital that can be employed to pursue advantages in transnational social fields. Anchored in rich empirical data, the book constitutes an innovative and successful attempt at theoretically linking the emerging field of “mobilities studies” with studies of migration, transnationalism and integration. It emphasises how the ability to be mobile may become a significant marker of social differentiation, alongside other social hierarchies. The “mobility capital” accumulated by some migrants is the cornerstone of strategies intended to negotiate inconsistent social positions in transnational social fields, challenging sedentarist and state-centred visions of social inequality. The migrants in the study are able to diversify the geographic and social fields in which they accumulate and circulate resources, and to benefit from this circulation by reinvesting them where they can best be valorised.The study sheds a different light on migrants who are often considered passive or problematic migrants/refugees in Europe, and demonstrates that mobility capital is not the prerogative of highly qualified elites: less privileged migrants also circulate in a globalised world, benefiting from being embedded in transnational social fields and from mobility practices over which they have gained some control. |
| examples of economic capital: Street Capital Sveinung Sandberg, Willy Pedersen, 2011 'Street capital' is aimed at postgraduates and academics in criminology, race and ethnicity, sociology, social theory and methodology. It will also be of interest to a wider social science audience, particularly those interested in using Bourdieu as a theoretical model. |
| examples of economic capital: Cost of Capital in Litigation Shannon P. Pratt, Roger J. Grabowski, 2010-10-26 Cost of Capital in Litigation addresses cost of capital issues in litigation and discusses major decisions, highlighting how to avoid errors that have often been made by experts. The book helps the attorney and valuation expert understand the decisions within the context of the theory of cost of capital and includes a chapter on cross-examining experts on cost of capital issues. Throughout, there are citation to relevant material and cross-reference to Cost of Capital: Applications and Examples, Fourth Edition. |
| examples of economic capital: Mute Compulsion Søren Mau, 2023-01-31 A new Marxist theory of the abstract and impersonal forms of power in capitalism Despite insoluble contradictions, intense volatility and fierce resistance, the crisis-ridden capitalism of the 21st century lingers on. To understand capital’s paradoxical expansion and entrenchment amidst crisis and unrest, Mute Compulsion offers a novel theory of the historically unique forms of abstract and impersonal power set in motion by the subjection of social life to the profit imperative. Building on a critical reconstruction of Karl Marx’s unfinished critique of political economy and a wide range of contemporary Marxist theory, philosopher Søren Mau sets out to explain how the logic of capital tightens its stranglehold on the life of society by constantly remoulding the material conditions of social reproduction. In the course of doing so, Mau intervenes in classical and contemporary debates about the value form, crisis theory, biopolitics, social reproduction, humanism, logistics, agriculture, metabolism, the body, competition, technology and relative surplus populations. |
| examples of economic capital: Social Capital and Health Ichiro Kawachi, S.V. Subramanian, Daniel Kim, 2008 As interest in social capital has grown over the past decade—particularly in public health —so has the lack of consensus on exactly what it is and what makes it worth studying. Ichiro Kawachi, a widely respected leader in the field, and 21 contributors (including physicians, economists, and public health experts) discuss the theoretical origins of social capital, the strengths and limitations of current methodologies of measuring it, and salient examples of social capital concepts informing public health practice. Among the highlights: Measurement methods: survey, sociometric, ethnographic, experimental The relationship between social capital and physical health and health behaviors: smoking, substance abuse, physical activity, sexual activity Social capital and mental health: early findings Social capital and the aging community Social capital and disaster preparedness Social Capital and Health is certain to inspire a new generation of research on this topic, and will be of interest to researchers and advanced students in public health, health behavior, and social epidemiology. |
| examples of economic capital: Credit Risk Analytics Bart Baesens, Daniel Roesch, Harald Scheule, 2016-10-03 The long-awaited, comprehensive guide to practical credit risk modeling Credit Risk Analytics provides a targeted training guide for risk managers looking to efficiently build or validate in-house models for credit risk management. Combining theory with practice, this book walks you through the fundamentals of credit risk management and shows you how to implement these concepts using the SAS credit risk management program, with helpful code provided. Coverage includes data analysis and preprocessing, credit scoring; PD and LGD estimation and forecasting, low default portfolios, correlation modeling and estimation, validation, implementation of prudential regulation, stress testing of existing modeling concepts, and more, to provide a one-stop tutorial and reference for credit risk analytics. The companion website offers examples of both real and simulated credit portfolio data to help you more easily implement the concepts discussed, and the expert author team provides practical insight on this real-world intersection of finance, statistics, and analytics. SAS is the preferred software for credit risk modeling due to its functionality and ability to process large amounts of data. This book shows you how to exploit the capabilities of this high-powered package to create clean, accurate credit risk management models. Understand the general concepts of credit risk management Validate and stress-test existing models Access working examples based on both real and simulated data Learn useful code for implementing and validating models in SAS Despite the high demand for in-house models, there is little comprehensive training available; practitioners are left to comb through piece-meal resources, executive training courses, and consultancies to cobble together the information they need. This book ends the search by providing a comprehensive, focused resource backed by expert guidance. Credit Risk Analytics is the reference every risk manager needs to streamline the modeling process. |
| examples of economic capital: The Oxford Handbook of Digital Technology and Society Simeon Yates, Ronald E. Rice, 2020-06-01 Required reading for anyone interested in the profound relationship between digital technology and society Digital technology has become an undeniable facet of our social lives, defining our governments, communities, and personal identities. Yet with these technologies in ongoing evolution, it is difficult to gauge the full extent of their societal impact, leaving researchers and policy makers with the challenge of staying up-to-date on a field that is constantly in flux. The Oxford Handbook of Digital Technology and Society provides students, researchers, and practitioners across the technology and social science sectors with a comprehensive overview of the foundations for understanding the various relationships between digital technology and society. Combining robust computer-aided reviews of current literature from the UK Economic and Social Research Council's commissioned project Ways of Being in a Digital Age with newly commissioned chapters, this handbook illustrates the upcoming research questions and challenges facing the social sciences as they address the societal impacts of digital media and technologies across seven broad categories: citizenship and politics, communities and identities, communication and relationships, health and well-being, economy and sustainability, data and representation, and governance and security. Individual chapters feature important practical and ethical explorations into topics such as technology and the aging, digital literacies, work-home boundary, machines in the workforce, digital censorship and surveillance, big data governance and regulation, and technology in the public sector. The Oxford Handbook of Digital Technology and Society will equip readers with the necessary starting points and provocations in the field so that scholars and policy makers can effectively assess future research, practice, and policy. |
| examples of economic capital: Theories of Social Capital Ben Fine, 2010-03-15 Tracing the evolution of social capital since his highly acclaimed contribution of 2001 (Social Capital Versus Social Theory), Ben Fine consolidates his position as the world's leading critic of the concept. Fine forcibly demonstrates how social capital has expanded across the social sciences only by degrading the different disciplines and topics that it touches: a McDonaldization of social theory. The rise and fall of social capital at the World Bank is critically explained as is social capital's growing presence in disciplines, such as management studies, and its relative absence in others, such as social history. Writing with a sharp critical edge, Fine not only deconstructs the roller-coaster presence of social capital across the social sciences but also draws out lessons on how (and how not) to do research. |
| examples of economic capital: Economic Capital Ashish Dev, 2004 This multi-contributor title will enable you to better analyse and evaluate economic capital in order to implement more effective risk management strategies within your business. Economic Capital is the definitive reference on this increasingly important area of finance. [Resumen de editor] |
| examples of economic capital: The Changing Wealth of Nations 2018 Glenn-Marie Lange, Quentin Wodon, Kevin Carey, 2018-01-30 Countries regularly track gross domestic product (GDP) as an indicator of their economic progress, but not wealth—the assets such as infrastructure, forests, minerals, and human capital that produce GDP. In contrast, corporations routinely report on both their income and assets to assess their economic health and prospects for the future. Wealth accounts allow countries to take stock of their assets to monitor the sustainability of development, an urgent concern today for all countries. The Changing Wealth of Nations 2018: Building a Sustainable Future covers national wealth for 141 countries over 20 years (1995†“2014) as the sum of produced capital, 19 types of natural capital, net foreign assets, and human capital overall as well as by gender and type of employment. Great progress has been made in estimating wealth since the fi rst volume, Where Is the Wealth of Nations? Measuring Capital for the 21st Century, was published in 2006. New data substantially improve estimates of natural capital, and, for the fi rst time, human capital is measured by using household surveys to estimate lifetime earnings. The Changing Wealth of Nations 2018 begins with a review of global and regional trends in wealth over the past two decades and provides examples of how wealth accounts can be used for the analysis of development patterns. Several chapters discuss the new work on human capital and its application in development policy. The book then tackles elements of natural capital that are not yet fully incorporated in the wealth accounts: air pollution, marine fi sheries, and ecosystems. This book targets policy makers but will engage anyone committed to building a sustainable future for the planet. |
| examples of economic capital: The Future of Capitalism Paul Collier, 2018-12-04 Bill Gates's Five Books for Summer Reading 2019 From world-renowned economist Paul Collier, a candid diagnosis of the failures of capitalism and a pragmatic and realistic vision for how we can repair it. Deep new rifts are tearing apart the fabric of the United States and other Western societies: thriving cities versus rural counties, the highly skilled elite versus the less educated, wealthy versus developing countries. As these divides deepen, we have lost the sense of ethical obligation to others that was crucial to the rise of post-war social democracy. So far these rifts have been answered only by the revivalist ideologies of populism and socialism, leading to the seismic upheavals of Trump, Brexit, and the return of the far-right in Germany. We have heard many critiques of capitalism but no one has laid out a realistic way to fix it, until now. In a passionate and polemical book, celebrated economist Paul Collier outlines brilliantly original and ethical ways of healing these rifts—economic, social and cultural—with the cool head of pragmatism, rather than the fervor of ideological revivalism. He reveals how he has personally lived across these three divides, moving from working-class Sheffield to hyper-competitive Oxford, and working between Britain and Africa, and acknowledges some of the failings of his profession. Drawing on his own solutions as well as ideas from some of the world’s most distinguished social scientists, he shows us how to save capitalism from itself—and free ourselves from the intellectual baggage of the twentieth century. |
| examples of economic capital: Abrupt Climate Change National Research Council, Division on Earth and Life Studies, Board on Atmospheric Sciences and Climate, Polar Research Board, Ocean Studies Board, Committee on Abrupt Climate Change, 2002-04-23 The climate record for the past 100,000 years clearly indicates that the climate system has undergone periodic-and often extreme-shifts, sometimes in as little as a decade or less. The causes of abrupt climate changes have not been clearly established, but the triggering of events is likely to be the result of multiple natural processes. Abrupt climate changes of the magnitude seen in the past would have far-reaching implications for human society and ecosystems, including major impacts on energy consumption and water supply demands. Could such a change happen again? Are human activities exacerbating the likelihood of abrupt climate change? What are the potential societal consequences of such a change? Abrupt Climate Change: Inevitable Surprises looks at the current scientific evidence and theoretical understanding to describe what is currently known about abrupt climate change, including patterns and magnitudes, mechanisms, and probability of occurrence. It identifies critical knowledge gaps concerning the potential for future abrupt changes, including those aspects of change most important to society and economies, and outlines a research strategy to close those gaps. Based on the best and most current research available, this book surveys the history of climate change and makes a series of specific recommendations for the future. |
| examples of economic capital: Capital Accumulation and Income Distribution Donald J. Harris, 1978 In Capital Accumulation and Income Distribution, economist Donald J. Harris offers a profound analysis of the forces shaping economic growth, capital accumulation, and income inequality within capitalist economies. Blending insights from Marxian and Keynesian economics, this pioneering work delves into the intricate relationships between investment, labor, and wealth distribution, highlighting the structural contradictions inherent in capitalist systems. Harris examines the driving factors behind capital accumulation and their implications for economic development, while providing a critical view of how profits, wages, and rents are distributed across social classes. Through a synthesis of classical economic theories, he explores the long-term dynamics of inequality and the cyclical patterns of capitalist economies. Ideal for scholars, students, and anyone interested in political economy, Capital Accumulation and Income Distribution offers a groundbreaking perspective on the economic challenges and imbalances that continue to shape our world today. |
| examples of economic capital: Rural Communities Cornelia Butler Flora, 2018-03-05 Communities in rural America are a complex mixture of peoples and cultures, ranging from miners who have been laid off in West Virginia, to Laotian immigrants relocating in Kansas to work at a beef processing plant, to entrepreneurs drawing up plans for a world-class ski resort in California's Sierra Nevada. Rural Communities: Legacy and Change uses its unique Community Capitals framework to examine how America's diverse rural communities use their various capitals (natural, cultural, human, social, political, financial, and built) to address the modern challenges that face them. Each chapter opens with a case study of a community facing a particular challenge, and is followed by a comprehensive discussion of sociological concepts to be applied to understanding the case. This narrative, topical approach makes the book accessible and engaging for undergraduate students, while its integrative approach provides them with a framework for understanding rural society based on the concepts and explanations of social science. This fifth edition is updated throughout with 2013 census data and features new and expanded coverage of health and health care, food systems and alternatives, the effects of neoliberalism and globalization on rural communities, as well as an expanded resource and activity section at the end of each chapter. |
| examples of economic capital: Seventeen Contradictions and the End of Capitalism David Harvey, 2014 David Harvey examines the foundational contradictions of capital, and reveals the fatal contradictions that are now inexorably leading to its end |
Economics Made Easy - U.S. Bureau of Labor Statistics
Capital helps businesses and workers produce things more eficiently. This can reduce the cost of goods and services and have other positive efects on productivity growth. Capital makes up …
The use of economic capital in performance management for …
performance and ensure safety for bondholders. This approach reduces economic capital to its canonical function: providing a cushion to absorb losses. Within this context, a few sampled …
Economic Capital and the Assessment of Capital Adequacy
Economic capital is a measure of risk, not of capital held. As such, it is distinct from familiar accounting and regula-tory capital measures. The output of economic capital models also differs …
Economic Capital for Life Insurance Companies - Society of …
This paper aims to address key questions on the calculation of economic capital for long-term life insurers. It discusses the drivers of economic capital, the development of an internal EC …
Economic Capital Modeling: Practical Considerations - Milliman
examples of how economic capital (whether required or compared against the available capital) can be managed to take into account the risks inherent in the business.
Basel Committee on Banking Supervision - Bank for …
Economic capital can be defined as the methods or practices that allow banks to consistently assess risk and attribute capital to cover the economic effects of risk-taking activities. Economic …
Specialty Guide on EC v1.5 - Institute and Faculty of Actuaries
Economic Capital is based on calculations that are specific to the company’s risks, while Regulatory or Rating Agency Capital formulas are based on industry averages which may or may not be …
ERM-2: Introduction to Economic Capital Modeling - Society of …
What is “economic capital”? Is my capital adequate to support the current business plan? Will I have excess capital that is not deployed into the business? Do the profits I expect to generate provide …
12 Economic Capital Models - Springer
that economic capital modelling faces three key challenges: a comprehensive identifi cation of risks, the selection of suitable (and comparable) risk measures for those risks, the development of an …
The Effect of Increasing Human Capital Investment on …
capital investment currently observed in every country remains constant we examine two alternative scenarios: one in which each country experiences a rate of growth of human capital investment …
Economic Capital and Risk based Capital - ixambee
•Economic capital (EC) is a measurement of how much capital a business needs to have in order to be solvent with a particular probability over a given time horizon. •The financial resources …
What Are the Four Factors of Production? - Wichita State …
Economists define four factors of production: land, labor, capital and entrepreneurship. These can be considered the building blocks of an economy. How these factors are combined determines …
Correlations and Dependencies in Economic Capital Models
The economic capital model can be seen as a combination of the two key components, the marginal risk distribution of each risk and the aggregation methodology which combines these into a …
The Economics of Intangible Capital - Kellogg School of …
Familiar and important examples include patents, software and databases, trademarks, customer lists, franchise agreements, and human capital. Our goal is to analyze the properties that …
Intangible Capital and Modern Economies - American …
modern economies requires broadening the concept of capital beyond tangible assets to include intangibles, and that research and development spending is not the only way to capture …
Economic Capital Correlation Matrices and Other Techniques – …
questions covering general economic capital methodologies and processes, risk aggregation techniques and respondent critiques of their current methods. This report is based on the survey …
Economic and Regulatory Capital in Banking: What Is the …
We analyze the determinants of regulatory capital (the min-imum required by regulation), economic capital (that chosen by shareholders without regulation), and actual capital (that chosen with …
Best practices for estimating credit economic capital
Our findings indicate that banks consider economic capital a valuable concept, but they have yet to nail down the ideal approach to estimating it. Our interviewees agree that a VaR model with a …
Economic capital versus regulatory capital – a market benchmark
‘economic capital’ models, where the eco-nomic capital of an FI defines the need for capital as a buffer against all financial risks on a common solvency standard. Economic capital typically …
The importance of economic, social and cultural capital in ...
In this article we adopt a Bourdieu-based approach to study social inequalities in perceptions of mental and physical health. Most research takes into account the impact of economic or social …
Technical Economic Analysis Guide - DRAFT - U.S. Energy …
capital costs, operation and maintenance (O&M) costs, and operational cash flows. These analyses are strongly interrelated and a variety of skills and tools are needed for each phase of …
Community Capitals: A Tool for Evaluating Strategic …
able community and economic development (CED) paid attention to seven types of capital: natural, cultural, human, social, political, fi nancial and built. Beyond identifying the capitals …
Explanation of the different levels of social capital: individual …
Some examples of authors positing social capital as individual or collective property. it in the bank and draw upon it as required. But you can build up the potential stock of social capital such that …
Economic Capital Modeling: Practical Considerations - Milliman
an economic capital model and to provide useful information that can aid decision making. Sections 1-4 provide an overview of economic capital and examine the benefits and …
Society of Actuaries
The term “economic capital” is typically used to refer to a measure of required capital under an economic accounting convention⎯where assets and liabilities are determined using economic …
Bases of Social UNIT 7 SOCIAL AND ECONOMIC CAPITAL
To understand social and economic capital with examples To understand the major criticisms of social capital 7.1 INTRODUCTION Social capitalhas evolved into one of the most popular …
Risk Aggregation and Risk Magnification - Society of …
conomic Capital (EC) framework has been commonly used to quantify risk and capital. As a common practice, the final step in calculating EC is risk aggregation. The presumption is that …
Social Capital: Implications for Development Theory, …
capital are well documented by the empirical evidence and have important implica-tions for economic development and poverty reduction. These examples suggest a more formal …
On the Aggregation of Risk
economic capital across risk types. Our starting point are aggregation models that operate in a single-period framework, typically with a planning horizon of one year. As an exam- ... In a …
Capital and Risk: New Evidence on Implications of Large …
Examples include the $691 million rogue trading loss at Allfirst Financial, the $484 million settlement due to misleading sales practices at Household Finance, and ... Deutsche Bank and …
Category 2: Capital Goods - GHG Protocol
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Entrepreneurship Capital and Economic Performance
Entrepreneurship Capital and Economic Performance1 David B. Audretsch2 and Max Keilbach3 Abstract The neoclassical model of the production function, as applied by Robert Solow to …
Capital Budgeting Best Practices - The Government Finance …
Capital planning is critical to water, sewer, transportation, sanitation, and other essential public services. It is also an important component of a community's economic development program …
Defining Political Capital: A Reconsideration of Bourdieu’s ...
3 Certainly economic capital “has one up” on other conceived capital forms because the initial concept of capital comes from economics through the works of Smith, Marx and
Comparative Economic Systems: Capitalism and Socialism in …
the emergence of capitalism and socialism. Specific examples of countries with different types of economic systems are presented next along with discussion of economic and social outcomes. …
Human Capital and Economic Growth - JSTOR
The relationship between human capital and economic growth, as discussed before, has been studied in various settings by many authors especially since the 1990s. Some of them were …
Developing a strong risk appetite program - KPMG
The ICAAP process – the internal capital adequacy assessment mandated by the Basel Accords – has been familiar for some years, and an explicit determination ... Furthermore, recent …
The Economics of Intangible Capital - Kellogg School of …
order to increase output in the future. However, unlike tangible capital, the investment produces no particular equipment or structure, but rather a new piece of knowledge that can be used to …
Economic Capital - Springer
8.2 Retail bank examples 93 8.3 Stochastic wholesale bank example 117 8.4 Summary 129 iv CONTENTS. 9 Non Profit Life and General Insurance Firms 131 9.1 Introduction 131 9.2 …
Institutions, Human Capital, and Development
significant impact of human capital on long-run development, particularly because it is presumed that Europeans brought more human capital to settler colonies such as the United States. …
Human capital theory - CIPD
(Grant 1996a, Mahoney and Kor 2015). This knowledge capital is commonly referred to as a firm’s intellectual capital (IC). A firm’s IC is made up of human, social and structural capital …
AN ECONOMIC APPROACH TO SOCIAL CAPITAL* - Scholars …
domain of social capital it makes sense not to overlook the basic model which has been so effective in understanding other forms of capital. 1. An Economic Approach to Social Capital In …
Cultural and Social Capital in Global Perspective - Springer
Bourdieu notes, capital has the potential capacity to Òproduce proÞ ts.Ó In this semi-nal paper, Bourdieu identiÞ ed four types of capital: economic, cultural, social, and symbolic. The concept …
THE HUMAN CAPITAL MODEL* - Boston University
My approach to the demand for health has been labeled as the human capital model in much of the literature on health economics because it draws heavily on human capital theory [Becker …
Capital Controls and Exchange Rate Regime in India - CGU …
Capital Controls and Exchange Rate Regime in India by Ramya Ghosh Claremont Graduate University: 2011 Until the early 1990s, India had a system of very strong capital controls. That …
Functions of social capital – bonding, bridging, linking
outcomes, while bridging social capital can improve economic development, growth, and employment. Bridging social capital Bridging social capital is a type of social capital that …
Sociology Factsheet ................................
Financial capital is a relatively easy concept to understand – we either have or do not have money. However, cultural capital is a little more complicated. Marx argued that there are two …
Capital and Wages - Massachusetts Institute of Technology
This is one of the key mechanisms via which economic growth gener-ates \shared prosperity" (Acemoglu and Johnson, 2023). Evidence from long-run economic ... Section 6 provides …
THE CLASSICAL THEORY OF ECONOMIC GROWTH - Stanford …
economic growth under the conditions they identified raises obstacles in its own path and is ultimately retarded, ending in a state of stagnation – the ‘stationary state’. The conception of …
Making Community Development Capital Work in Small and …
Drawing from the challenges, opportunities, and model examples, we make recommendations to improve the flow of community development capital to small and midsize cities. Cities can build …
Forms of Capital Pierre Bourdieu - Stanford University
of capital (or power, which amounts to the same thing) change into one another.[2] Depending on the field in which it functions, and at the cost of the more or less expensive transformations …
Best practices for estimating credit economic capital
allocate the more conservative of economic or regulatory capital (usually the latter) to their business units, using a mix of methodologies to do so. About half of the group allocates capital …
Understanding Market Failure in the 2007–08 Crisis
Theoretical research has identifi ed many examples of pecuniary externalities.2 One particular example is the pecuniary externality that leads to underpro-vision of liquidity in the banking …
Institutions, Capital, and Growth - JSTOR
386 Hall Sobel, andCrowley World Bank and International Monetary Fund (IMF) as well as in the research of economists such as Jeffrey Sachs.2 In the 1960s and 1970s, the pioneering work …
This PDF is a selection from an out-of-print volume from the …
OPTIMUM INVESTMENT IN SOCIAL OVERHEAD CAPITAL 11 society have, within a significant range, freedom in determining the of amounts of the services they use. be The second aspect …
CAPITAL BUDGETING TECHNIQUES (CHAPTER 9) - University …
Capital Budgeting – 7 The range B2:B7 contains the values of all the cash flows for the project, including the initial investment contained in cell B2.When you click “OK,” the answer, 12.50%, …
Capital and Wages - Massachusetts Institute of Technology
This is one of the key mechanisms via which economic growth gener-ates \shared prosperity" (Acemoglu and Johnson, 2023). Evidence from long-run economic ... Section 6 provides …
How does cultural capital affect educational performance: …
as a valuable resource on par with economic capital (income, wealth, etc.) and social capital (gainful social connections and networks). Similar with economic and social capital, cultural …
Intangible Capital and Modern Economies - American …
Journal of Economic Perspectives—Volume 36, Number 3—Summer 2022—Pages 3–28 ... in which output is a function of inputs of capital, labor, and ... To make the abstractions concrete, …
The Role of Cultural Capital in Higher Education Access and ...
For Bourdieu (1997), cultural capital can be converted into economic capital only through the educational system, which confirms the possession of cultural capital in the form of educational …
Political Instability, Human Capital, - JSTOR
capital in explaining economic growth.' In spite of the importance of human capital in determining long-term growth and the increasing realization of the importance of politics in macroeconomic …
Mastering ICAAP - McKinsey & Company
lack of economic capita (il ndeed, economic capita wl blli e avalai ble.) At present, however, one-thrid of the banks we studied fni d that economic capita rl atoi s are the greater constrani t on …
Health Care Capital Expenditures in Minnesota - MN Dept. of …
Capital Expenditures, by Type of Project and Year, 2007 to 2016 12 ... Economic and Clinical Health Act. In 2015, the Mayo Clinic began a $237 million ... Examples of combined inpatient …
Everyday Economics What Is an Entrepreneur? - Dallas Fed
Give the third student the pen and have them circle all the capital resources in red. Examples of capital include: • The pots and pans. • The mixer. • The utensils on the wall. • The stove. After …
Operational Risk - Scenario Analysis - Prague Economic …
economic capital. Regulatory capital is the amount of capital used for capital adequacy computation under Basel II. Economic capital is a buffer against future, unexpected losses …
14.452 Economic Growth: Lecture 13, Stochastic Growth
Fraction d of the existing capital stock depreciates at each date. Suppose z 1,...,z N are arranged in ascending order and that j > j0 implies f (k,z j) > f (k,z j0) for all k 2R+. Thus higher values of …
Embedded Value (EV) Reporting - American Academy of …
and capital allocation. External uses of EV include evaluation of mergers or acquisitions, estimates of available capital and comparison of companies across reporting jurisdictions. …
Recent Estimates of Capital Flight - World Bank
capital flight is a much wider spread phenomenon than commonly asserted. When compared to the respective countries' GDP, capital flight is quite even distributed. The capital flight-GDP …
Seas, Trees, and Economies - Federal Reserve Bank of St. Louis
2. Explain that you will describe some important economic terms before they listen to the story. These same terms are important to uncovering the secret. 3. Distribute a copy of Handout 10 …
Lesson 5 Economic Choice and Opportunity Cost - University …
Economic Choice and Opportunity Cost Objectives Students will • recognize the need to make economic choices. • understand that scarcity makes economic choices necessary. • …
Economics Made Easy - U.S. Bureau of Labor Statistics
Capital helps businesses and workers produce things more eficiently. This can reduce the cost of goods and services and have other positive efects on …
The use of economic capital in performance manageme…
performance and ensure safety for bondholders. This approach reduces economic capital to its canonical function: providing a cushion to …
Economic Capital and the Assessment of Capital Ade…
Economic capital is a measure of risk, not of capital held. As such, it is distinct from familiar accounting and regula-tory capital measures. The output of …
Economic Capital for Life Insurance Companies - Soc…
This paper aims to address key questions on the calculation of economic capital for long-term life insurers. It discusses the drivers of …
Economic Capital Modeling: Practical Considerations
examples of how economic capital (whether required or compared against the available capital) can be managed to take into account the risks …
Economics Made Easy - U.S. Bureau of Labor Statistics
Capital helps businesses and workers produce things more eficiently. This can reduce the cost of goods and services and have other positive efects on productivity growth. Capital makes up …
The use of economic capital in performance management …
performance and ensure safety for bondholders. This approach reduces economic capital to its canonical function: providing a cushion to absorb losses. Within this context, a few sampled …
Economic Capital and the Assessment of Capital Adequacy
Economic capital is a measure of risk, not of capital held. As such, it is distinct from familiar accounting and regula-tory capital measures. The output of economic capital models also …
Economic Capital for Life Insurance Companies - Society of …
This paper aims to address key questions on the calculation of economic capital for long-term life insurers. It discusses the drivers of economic capital, the development of an internal EC …
Economic Capital Modeling: Practical Considerations - Milliman
examples of how economic capital (whether required or compared against the available capital) can be managed to take into account the risks inherent in the business.
Basel Committee on Banking Supervision - Bank for …
Economic capital can be defined as the methods or practices that allow banks to consistently assess risk and attribute capital to cover the economic effects of risk-taking activities. …
Specialty Guide on EC v1.5 - Institute and Faculty of Actuaries
Economic Capital is based on calculations that are specific to the company’s risks, while Regulatory or Rating Agency Capital formulas are based on industry averages which may or …
ERM-2: Introduction to Economic Capital Modeling
What is “economic capital”? Is my capital adequate to support the current business plan? Will I have excess capital that is not deployed into the business? Do the profits I expect to generate …
12 Economic Capital Models - Springer
that economic capital modelling faces three key challenges: a comprehensive identifi cation of risks, the selection of suitable (and comparable) risk measures for those risks, the …
The Effect of Increasing Human Capital Investment on …
capital investment currently observed in every country remains constant we examine two alternative scenarios: one in which each country experiences a rate of growth of human capital …
Economic Capital and Risk based Capital - ixambee
•Economic capital (EC) is a measurement of how much capital a business needs to have in order to be solvent with a particular probability over a given time horizon. •The financial resources …
What Are the Four Factors of Production? - Wichita State …
Economists define four factors of production: land, labor, capital and entrepreneurship. These can be considered the building blocks of an economy. How these factors are combined determines …
Correlations and Dependencies in Economic Capital Models
The economic capital model can be seen as a combination of the two key components, the marginal risk distribution of each risk and the aggregation methodology which combines these …
The Economics of Intangible Capital - Kellogg School of …
Familiar and important examples include patents, software and databases, trademarks, customer lists, franchise agreements, and human capital. Our goal is to analyze the properties that …
Intangible Capital and Modern Economies - American …
modern economies requires broadening the concept of capital beyond tangible assets to include intangibles, and that research and development spending is not the only way to capture …
Economic Capital Correlation Matrices and Other …
questions covering general economic capital methodologies and processes, risk aggregation techniques and respondent critiques of their current methods. This report is based on the …
Economic and Regulatory Capital in Banking: What Is the …
We analyze the determinants of regulatory capital (the min-imum required by regulation), economic capital (that chosen by shareholders without regulation), and actual capital (that …
Best practices for estimating credit economic capital
Our findings indicate that banks consider economic capital a valuable concept, but they have yet to nail down the ideal approach to estimating it. Our interviewees agree that a VaR model with …
Economic capital versus regulatory capital – a market …
‘economic capital’ models, where the eco-nomic capital of an FI defines the need for capital as a buffer against all financial risks on a common solvency standard. Economic capital typically …
The importance of economic, social and cultural capital in ...
In this article we adopt a Bourdieu-based approach to study social inequalities in perceptions of mental and physical health. Most research takes into account the impact of economic or social …
