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...In his programmatic and data-laden tome, "Capital in the Twenty-first Century" (2014), Thomas Piketty makes several assertions, two of which merit a closer look: (1) That r (the return on capital) is, in the long-run always greater than g (the growth of the real econ...

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... A.; Vishny, R. (1998); “A Model of Investor Sentiment”, Journal of Financial Economics, Vol. 49, s.307-343. Bartholdy, J. (1998); “Changes in Earni... ... from the Istanbul Stock Exchange”, EFMA London Meetings. Black, F. (1972); “Capital Market Equilibrium and Restricted Borrowing”, Journal of Busin... ...rading Volume and Serial Correlations in Stock Returns”, Quarterly Journal of Economics, Vol. 108/4, s. 905-939. Canbaş, ... ...nstitutional Trades and Intra Day Stock Price Behavior”, Journal of Financial Economics, Vol. 33, s.173-200. Chan, K.; Hameed, A.; Tong, W. (2000); ... ...92); “Measuring Abnormal Returns: Do Stocks Overreact?”, Journal of Financial Economics, Vol. 31, s.235-268. Chordia, T.; Swaminathan, B. (1999); ... ...tion”, Journal of Finance, Vol. 45, s.379-395. Fama, E.F. (1970); “Efficient Capital Markets: A Review of Theory and Empirical Work”, Journal of Fi... ... Work”, Journal of Finance, Vol. 25, s.383-417. ---------- (1991); “Efficient Capital Markets: II” Journal of Finance, Vol. 46, s.15... ...of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets”, Review of Economics and Statistics, Vol. 47, s.13-37... ... for Publication, Berkeley: University of California. Sharpe, W.F. (1964); “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions ...

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...onomic Information, School of Information, Xi'an University of Finance and Economics 44 Cuihua Nan Road, Xi'an, Shaanxi, 710061, P. R. China 1... ...the nature. This results in the intentionality of everything – intentional economics, intentional politics, intentional manner of education, even int... ...t universally appears in current cognitive, information, system sciences, economics, quantum dynamics, and so on; to reform current sciences, natura... ...versally appearing in current cognitive, information, system sciences, and economics, quantum dynamics, and so on; to reform current sciences, natura... ...ignment to work in the computer center of Xi’an University of Finance and Economics. (Its former names include Xi’an Junior College, Shaanxi Busines... ... was to attend the University at Beijing. During my year- long stay in the capital, my interest in meditation grew, and I often sat in silence, withou...

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...tranged. Some prefer to speak of reunion or communion with “Nature” with a capital N, to emphasize the so- to-speak interrelated oneness of humanity w... ...and was a mere commodity in the burgeoning English agrarian and mercantile capitalism of the early seventeenth century. For the American Indians, ulti... ... sacred sites entrusted to them. Their values con- trast with those of the capitalistic society of Australia which up- holds the individual accumulati... ...s that in psychological writings his term “self ” should be printed with a capital S (Self) while others demand a lower case s (as I have been writing... ...onmental Ethics, vol. 1, no. 3, Fall 1979, pp. 255-62. Stites, Sara Henry: Economics of the Iroquois, AMS Press edition, 1978. (First published as the... ...ty, MIT Press, Cambridge, Mass., 1956. Wood, Neal: John Locke And Agrarian Capitalism, University of California Press, Berkeley, 1984. Worms, E.A.: Au...

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...a 62 5. Exotic Currency Derivatives Trap Small Exporters in India 72-73 6. Capital Controls Gain Credence 88-89 7. Basel III 92 8. Securities Transact... ...The Relationships between Bailout Banks and Hedge Funds 50-51 3. Trends in Capital Flows to India 61 4. Key Indicators of Openness of the Indian Econo... ...rvision BIS Bank for International Settlements BoP Balance of Payments CAR Capital Adequacy Ratio CDOs Credit Default Obligations CDS Credit Default S... ...ng Global Finance LBO Leveraged Buyout L/C Letter of Credit LTCM Long-Term Capital Management (US based hedge fund) M&As Mergers and Acquisitions MFIs... ...stability Hypothesis while others view it as a structural crisis of global capitalism. 10 Fixing Global Finance Some experts have blamed national inc... ...ternational Finance, No. 207, International Finance Section, Department of Economics, Princeton University, May 1998, pp. 2-3. 3. IMF, Global Financia... ... Recovery to Growth,” comments at the Peterson Institute for International Economics, Washington DC, April 26, 2010. 2. Dev Kar and Devon Cartwright S... ...d-bye Financial Repression: Hello Financial Crash,” Journal of Development Economics, 1985, pp. 1-24. Carmen M Reinhart and Kenneth S Rogoff, This Tim... ...rnational Finance, No. 211, International Finance Section, Depart- ment of Economics, Princeton University, 1998. Jonathan D Ostry, and Others “Capita...

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...sal to use disguised unemployment for the construction of social overhead capital projects arises from inadequate consideration of the problem of pr... ...tor of the business sector, a catalyst of skill acquisition for the under-capitalized private sector. Small business employers should have the prior... ...ent accorded to foreign investors: tax credits, tax holidays, deferral of capital gains taxes and so on. 5. Small to medium size businesses will b... ...ch fairs and exhibitions abroad in an effort to locate investors, venture capitalists and risk capital funds for Macedonian inventors and innovators... ...del the Poldermodel and Other European Ideas The Anglo-Saxon variety of capitalism is intended to maximize value for shareholders (often at the ex... ...hard) 12. “Job security Provisions and Employment”, Quarterly Journal of Economics, August 1990. 13. Review Essay by Paul Gregg and Alan Manning in... ...t the only explanation for persistent unemployment that the pre- Keynesian economics had to offer was that money wages were "too high" relative to the... ...might be described as "a failure to communicate." (see also Index: labour economics) The failure of the market system to communicate the necessary ... ...e a blessing--a paradoxical conclusion from the standpoint of traditional economics. (see also Index: production) Stabilization theory. The new s...

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...d days, you could farm even if you had no money. Today, a farmer must have capital before he can farm. We used to do the work ourselves, now they hire... ...ed the rice. But today, people use a tractor to do the work, and one needs capital. And hiring it is costly, too. That really is the case. We can't do... ...iam. It is the river on whose banks Siamese royal houses have built their capital cities. All the old dynasties of South-East Asia have emerged on pl... ...ountain range, first to Lamphun Province, and on to the country's northern capital. The old city was situated on the banks of the river Wang. Today, t... ...lso the local centre of Mon-Khmers, Haripunjaya, or present Lamphun.As its capital, he founded Chiang Mai in 1296. Lannathai was an independent kingdo... ...kers, agriculture "frees" labour, as the manipulation language of national economics expresses it. Social structures ... ...eritocracy turning out an increasing volume of international statistics on economics, sociology and education, uniform comparative figures for develo... ... 1970 (1958). Lineage Organization in Southeastern China. London School of Economics. Monographs on Social Anthropology 18. The Athlone Press, London... ...1966). Chinese Lineage and Society. Fukien and Kwangtung. London School of Economics. Monographs on Social Anthropology 33. The Athlone Press, London...

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...ol Banking innovation Birth defects Blood donations Blue laws Cancer research Capital punishment Carpooling Child abuse Child adoption Consu... ... cell (7). When adoption becomes widespread, producers of fashion apparel quickly capitalize on the popularization of such style trends (cell (8)) f... ...arily in terms of time. He points out that the consumer's "stock of informational capital becomes a dominant factor in the consumer's decision whet... ...x. It is easy to predict that some standard bearer among food chains will one day capitalize on these virgin promotion possibilities. The food indu... ... by (a) improving the quality of the labor force, (b) investing in more efficient capital equipment, or (c) automation (Lovelock and Young 1979, p.... ...utrition, Child Morbidity and the Family Decision Process." Journal of Development Economics 6, 203-35. Henry, W. A. 1976. "Cultural Values Do Corre...

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...ntages into more focus, in order to bring into light some ‘human’ aspects of the country, and how these can be integrated into the broader context of economics development. At the end of the day, their achievements cannot be measured by economic progress alone, but also how the people can have the proper sense of meaning (i.e. ‘feel’ at home) in their own homeland, instead...

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... City. From this playground of Ming and Qing dynasty emperors for almost 500 years, you will be able to get a grasp on the great city that is China’s capital. On Sunday’s choral groups gather in the park to perform amateur Peking Operas, play musical instruments or to sing songs once beloved by the masses....

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...ng……………38 Chapter 4. Ningbo — A Culture‐flourishing Land on the Shore of East China Sea – by Lin Rongchen……………53 Chapter 5. Jingdezhen: Porcelain Capital of the World – by Li Xiaomin……………66 Chapter 6. Haimen : Charming City ‐ by Wang Ping & Jiang He……………71 Chapter 7. Changsha: Cultural Name Cards – by Wang Peiyun & Tang Yuming……………82...

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...hey wish to solve. Inventors and entrepreneurs can risk their time and their capital and, if they produce a solution that finds favor in the marketplac... ...nguish because the inventor has no way to recover her investment of time and capital, and the danger that the inventor will turn to secrecy instead, h... ...g of the human genome? We could turn to the cutting edge of technology or to economics or information theory. But none of those would be as useful a s... ... The great economist Kenneth Arrow formalized this insight about information economics, 58 and it profoundly shapes intellectual prop- erty policy. (T... ...nly thus could we guarantee the kind of investment of time, in- genuity, and capital necessary to produce new drugs and gene therapies. 11 To the ques... ...sharing network. The upstart computer game company pinning its hopes and its capital on a single new game would tell you the same thing. The easy avai... ...ed because the law was being stretched to cover new types of products, whose economics were very different from those of novels. Rather than let the d... ...s even more basic. They are networks and thus subject to the laws of network economics. In short, they only work well if many people use them. A perso... ...if it represents the kind of socially wasteful arms race that led critics of capitalism to prophesy its inevitable doom. Competition Chapter 5 112 -1 ...

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... development. Chapter Authors (in chapter order) Harm Schelhaas was born on a small dairy farm in the north of the Netherlands. He graduated in economics from the Free University in Amsterdam, The Netherlands. His career in the Dutch dairy industry included such posts as Chief of the Economic Department of the Federation of Dutch Dairy Co-operatives and the President...

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...lholder dairying Background Methods On-farm trials Change, dynamics and opportunities Impact of economic liberalisation Need for development of capital markets Stresses and opportunities Policy and project issues Institutional support for smallholder dairy development activities Projects Summary and conclusions References Chapter 4: Climatic and environmenta...