Capital

Capital
  • 文章类型: Journal Article
    使用GMM框架,本文使用2002年至2022年美国银行的年度数据,研究了存在经济自由的情况下资本与盈利能力之间的关系。与金融稳定和监管假设一致,本研究的实证结果表明,经济自由对银行资本比率与盈利能力之间的关系具有正向调节作用。这些发现在不同的银行具体特征和市场条件下是不同的。此外,结果对替代盈利能力的代理是稳健的。这项研究的发现对政策制定者和监管机构是有益的,因为自由化并不总是对经济产生不利影响;相反,这是一把双刃剑,他们必须保持这种微妙的平衡。这项研究的结论对高级银行家和政策制定者在制定维护银行价值的策略时具有有意义的意义。具体来说,它强调了考虑经济自由在决策过程中的互动作用的重要性。
    Using the GMM framework, this paper examines the nexus between capital and profitability in the presence of economic freedom using annual data of US banks ranging from 2002 to 2022. consistent with both the financial stability and regulatory hypotheses, the present study\'s empirical findings reveal that economic freedom exerts a positive moderating influence on the relationship between bank capital ratio and profitability. The findings are heterogeneous across banks\' specific characteristics and market conditions. Furthermore, the results are robust to alternative proxies of profitability. The study\'s finding is beneficial for policymakers and regulators as liberalization is not always adversely impact the economy; rather, it\'s a double-edged sword, and they must maintain that delicate balance. The conclusions of this study have meaningful implications for senior bankers and policymakers when formulating strategies for preserving bank value. Specifically, it highlights the importance of considering the interactive role of economic freedom in their decision-making process.
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  • 文章类型: Journal Article
    目的:本研究使用资本理论来调查幸存者对其身体的投资以及他们在康复过程中积累的资源,以及这些因素如何影响他们从损伤中恢复的感觉。
    方法:对20名工作年龄患者及其亲属进行了定性访谈,录音逐字记录。数据分析采用了布迪厄资本理论的绑架方法。
    结果:在康复的初始阶段(急性和亚急性),幸存者投资于他们的身体并获得物质资本。然而,当他们试图将这些资本转化为重新进入劳动力市场或接受教育所需的资源时,他们遇到了一系列复杂的障碍。这些困难与在康复过程的后期缺乏专门的社区服务有关。
    结论:目前的丹麦医疗康复侧重于恢复身体功能和恢复物质资本。然而,全面康复,以增强心理和认知能力,提高情感资本水平,这对工作年龄的人来说至关重要,在社区服务中没有得到充分解决。这导致了不平等的待遇和护理,与丹麦医疗保健系统中规定的平等目标相矛盾。
    这项研究纳入了20名严重创伤性脑损伤幸存者的观点,以及他们的亲戚,为了深入了解他们在整个康复过程中的经历,他们积累的资源以及这些因素如何有助于他们的恢复感。
    OBJECTIVE: This study uses capital theory to investigate survivors\' investments in their bodies and the resources they accumulate during their rehabilitation trajectory, and how these factors impact their perception of recovery from their impairments.
    METHODS: Qualitative interviews were conducted with 20 patients of working age and their relatives, with audio recordings transcribed verbatim. Data analysis utilized an abductive approach informed by Bourdieu\'s capital theory.
    RESULTS: During the initial phases of rehabilitation (acute and subacute), survivors invest in their physical bodies and acquire physical capital. However, they encounter a range of complex barriers when attempting to convert this capital into the resources necessary for re-entering the workforce or pursuing education. These difficulties are linked to the lack of specialized community services in the later phases of their rehabilitation trajectory.
    CONCLUSIONS: Present-day Danish healthcare rehabilitation focuses on restoring physical function and recovering physical capital. However, comprehensive rehabilitation to enhance mental and cognitive abilities and increase levels of emotional capital, which is crucial for working-age individuals, is inadequately addressed within community services. This results in unequal treatment and care, contradicting the stated goal of equality in the Danish healthcare system.
    UNASSIGNED: This study incorporated the perspectives of 20 individuals who have survived severe traumatic brain injury, as well as their relatives, to gain insights into their experiences throughout the rehabilitation process, the resources they have accumulated and how these factors contribute to their sense of recovery.
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  • 文章类型: Journal Article
    在一切照旧的情况下,1972年罗马俱乐部的报告《增长的极限》描述了世界经济在2030年左右的崩溃,要么是因为自然资源的稀缺,要么是因为污染。主流经济学家,世俗社会的大祭司,强烈谴责它。他们永久经济增长的福音,在此期间,技术进步将解决所有问题,给全人类一个光明的未来。另一方面,工程师,自然科学家,和数学家意识到,崩溃的情况是由于在罗马俱乐部的世界模型中包含了热力学的第一和第二定律。根据这些法律,没有能量转换和熵的产生,世界上什么都不会发生。1865年鲁道夫·克劳修斯,熵的发现者,把法律作为宇宙的宪法出版。熵是障碍的物理度量。没有对经济中的能量和熵的正确理解,所有实现可持续性的努力都将失败。
    In its business-as-usual scenario, the 1972 Club-of-Rome report-The Limits to Growth-describes the collapse of the world economy around the year 2030, either because of the scarcity of natural resources or because of pollution. Mainstream economists, the high priests of secular societies, condemned it fiercely. Their gospel of perpetual economic growth, during which technological progress would solve all problems, promises a bright future for all mankind. On the other hand, engineers, natural scientists, and mathematicians realized that the breakdown scenario is due to the inclusion of the First and the Second Law of Thermodynamics in the Club-of-Rome\'s world model. According to these laws, nothing happens in the world without energy conversion and entropy production. In 1865, Rudolph Clausius, the discoverer of entropy, published the laws as the constitution of the universe. Entropy is the physical measure of disorder. Without a proper understanding of energy and entropy in the economy, all efforts to achieve sustainability will fail.
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  • 文章类型: Journal Article
    盛行的经济范式,以自由市场思维和个人主义文化叙事为特征,近几十年来深刻影响了当代社会,包括美国的健康。这个范例,远非自然,反复地与政治交织在一起,社会群体分层,和规范,共同塑造了所谓的政治经济。其后果在健康方面非常明显,在美国,每年都有数百万人过早失去生命。利用气候和法律等领域发生的经济重新思考,我们主张建立一种新的“常识”,以健康为重点的政治经济。这一拟议转变的核心是在三个相互联系的领域采取行动:资本,care,和文化。重新调整资本方向,优先考虑长期投资,例如在医疗保健和婴儿债券的公共选择中,可以促进健康,肯定包括历史上被边缘化的群体。认识到护理在经济上是有价值的,对健康是必要的,像美国各地社区卫生工作者的当地干部这样的方法将是建立强大的护理基础设施的一部分。朝着这些方向前进,反过来,将需要取代占主导地位的文化叙事。随着健康领域在面对真正的障碍时追求变革,最近重振产业政策和解决集中的市场力量的努力可以作为灵感。
    The prevailing economic paradigm, characterized by free market thinking and individualistic cultural narratives, has deeply influenced contemporary society in recent decades, including health in the United States. This paradigm, far from being natural, is iteratively intertwined with politics, social group stratification, and norms, together shaping what is known as political economy. The consequences are starkly evident in health, with millions of lives prematurely lost annually in the United States. Drawing on economic re-thinking happening in fields like climate and law, we argue for a new \"common sense\" towards a health-focused political economy. Central to this proposed shift is action in 3 interconnected areas: capital, care, and culture. Re-orienting capital to prioritize longer-term investments, such as in public options for health care and baby bonds, can promote health and affirmatively include historically marginalized groups. Recognizing that caregiving is economically valuable and necessary for health, approaches like local cadres of community health workers across the United States would be part of building robust caregiving infrastructures. Advancing momentum in these directions, in turn, will require displacing dominant cultural narratives. As the health arena pursues change in the face of real obstacles, recent efforts reinvigorating industrial policy and addressing concentrated market power can serve as inspiration.
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  • 文章类型: Journal Article
    本研究利用1970年至2010年16个亚太国家的数据,考察了能源消费与经济增长之间的协整关系和因果关系。在此调查中使用了扩展的生产函数;该函数不仅考虑劳动力,而且考虑财务资源。这项研究调查了能源需求的增加是否与健康的经济有关。人力资本,除了物质和劳动力资源,被这个操作考虑在内。采用多元方法并增加人力资本的首批研究之一是在能源增长关系上进行的。使用面板单位根和协整检验,这项研究证实了这些变量之间存在长期的协整关系.这些研究认识到横截面相互依存的存在,根据具体报道。通过将面板异质完全修改的普通最小二乘(FMOLS)模型的估计值与不断有效和完全修改的模型的估计值进行比较,可以证实考虑各个国家的互连的重要性。尽管如此,自举面板格兰杰因果检验结果表明,经济增长是该地区能源消费增长的因果因素,这表明这种关系在各国之间并不恒定。
    This study investigates the cointegration and causal relationship between energy consumption and economic growth using data from 16 Asian and Pacific countries from 1970 to 2010. The expanded production function is used in this investigation; this function considers not only labor but also financial resources. This study investigates whether or not a rise in energy demand is associated with a healthy economy. Human capital, in addition to material and labor resources, is taken into account by this operation. One of the first studies to adopt a multivariate method and add human capital was undertaken on the energy-growth nexus. Using the panel unit root and cointegration tests, this study confirms the existence of a long-run cointegrating connection between these variables. These studies recognize the presence of cross-sectional interdependence, according to specific reports. The significance of considering the interconnection of various countries is confirmed by comparing estimates from panel heterogeneous fully modified ordinary least squares (FMOLS) models with those from unceasingly efficient and fully modified models. Nonetheless, the bootstrap panel Granger causality test findings demonstrate that economic growth is a causal factor in rising energy consumption in the region, indicating that the relationship is not constant across countries.
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  • 文章类型: Journal Article
    不同的死亡风险与广泛的社会因素有关,不仅包括教育和收入,还包括其他经济和非经济资源。这项研究的目的是评估死亡风险与四种类型的资源的关联:经济,社会,文化和人力资本。
    我们使用了来自荷兰差异调查的2,952名参与者的数据以及2014年至2021年期间荷兰统计局的年度死亡率数据。经济资本是通过教育来衡量的,收入,职业,房屋净值,和流动资产。社会资本是用社会关系的强度来衡量的,核心讨论网络的规模,以及接触足智多谋的人;生活方式的文化资本,数字技能,和英语的掌握,和个人资本通过自我评估的健康,爬楼梯的障碍,自信,自我形象,人们的外表,和体重指数。为了适应每个资本都来自几个指标的事实,我们使用偏最小二乘(PLS)Cox回归。
    在多元回归中,更高的经济,文化,和人资本与较低的死亡率相关(危险比,0.77;95%置信区间[CI,0.65至0.90],0.77[0.64-0.93]和0.80;[0.70-0.92]),针对所有资本措施和性别进行了调整。
    发现更经济,文化资本和人力资本与较低的死亡率相关,为使用广泛的资本措施的方法提供了经验支持-迄今为止很少同时包括在流行病学研究中-以了解不同的死亡风险。通过整合社会学概念,队列数据,和流行病学研究方法,我们的研究强调需要进一步研究不同形式的资源在形成健康不平等方面的相互作用。在设计公共卫生干预措施时,我们主张采用基于资本的多维框架来解决死亡率的社会差距。
    UNASSIGNED: Diverging death risks are associated with a wide range of social factors, including not only education and income but also other economic and non-economic resources. The aim of this study was to assess the association of mortality risks with four types of resources: economic, social, cultural and person capital.
    UNASSIGNED: We used data of 2,952 participants from the Disparities in the Netherlands survey and annual mortality data from Statistics Netherlands for the period 2014 to 2021. Economic capital was measured through education, income, occupation, home equity, and liquid assets. Social capital was measured by the strength of social ties, the size of the core discussion network, and access to people in resourceful positions; cultural capital by lifestyle, digital skills, and mastery of English, and person capital by self-rated health, impediments to climbing stairs, self-confidence, self-image, people\'s appearance, and body mass index. To accommodate the fact that each capital was derived from several indicators, we used Partial Least Squares (PLS) Cox Regression.
    UNASSIGNED: In multiple regression, higher economic, cultural, and person capital were associated with lower mortality (hazard ratio, 0.77; 95% confidence interval [CI, 0.65 to 0.90], 0.77 [0.64-0.93] and 0.80; [0.70-0.92]), adjusted for all capital measures and sex.
    UNASSIGNED: The finding that more economic, cultural and person capital is associated with lower mortality provides empirical support for an approach that uses a broad spectrum of capital measures - hitherto rarely included simultaneously in epidemiological research - in order to understand diverging death risks. By integrating sociological concepts, cohort data, and epidemiological research methods, our study highlights the need for further research on the interplay between different forms of resources in shaping health inequalities. In designing public health interventions, we advocate the adoption of a multidimensional capital-based framework for tackling social disparities in mortality.
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  • 文章类型: Journal Article
    在评估和应用布迪厄理论的研究领域中,人们对研究文化资本的形成和影响在不同背景和领域中的变化越来越感兴趣。尽管现有的研究越来越集中在评估文化资本在中国背景下造成教育不平等的作用上,人们对活动和品味在中国劳动力市场中的价值知之甚少。借鉴了中国精英专业公司73名招聘人员的半结构化面试,本文介绍了招聘人员如何为毕业生招聘解释体力活动课外活动(ECA)的研究。它表明,这些ECA在评估工作面试中的个人素质和能力方面具有价值,其他文化活动,休闲或品味没有什么价值。身体的概念似乎是这种价值的核心,将符号价值赋予体力活动的ECA。这些活动的价值是双重的,服务于传达候选人对有形和有形资本的拥有,这与精英专业公司的规范性维度产生共鸣。因此,招聘人员利用这些活动来寻找新的专业机构,以进行苛刻的专业工作并与专业规范话语产生共鸣。这项研究为非西方背景下的文化资本以及ECA在精英招聘中的作用提供了更细致的理解。通过整合将身体与劳动过程和专业控制联系起来的观点,它还有助于物质和具体资本的发展。
    The field of research in evaluating and applying Bourdieu\'s theories has seen growing interests in studying how the formation and effect of cultural capital vary in different contexts and fields. While existing studies have increasingly focussed on evaluating the role of cultural capital in creating educational inequalities in the Chinese context, little is known about how activities and taste are valued in the Chinese labour market. Drawing on semi-structured interviews with 73 recruiters in elite professional firms in China, this article presents a study on how recruiters interpret physically exertive extracurricular activities (ECAs) for graduate hiring. It shows that these ECAs were valorised for assessing individual qualities and competences in job interviews, while other cultural activities, leisure or tastes carried little value. The notion of the body appeared central to this valorisation, conferring symbolic value onto physical exertive ECAs. The value of these activities was twofold, serving to convey candidates\' possession of physical and embodied capital, which resonated to the normative dimension of elite professional firms. Recruiters thus used these activities to seek new professional bodies consumable for demanding professional work and resonating with the normative discourses of professionalism. This study provides more nuanced understandings of cultural capital in a non-Western context and the role of ECAs in elite hiring. It also contributes to the development of physical and embodied capital by integrating perspective that links the body with labour process and professional control.
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  • 文章类型: Journal Article
    本研究旨在评估可持续生计资本的作用,调解投资和农业目的,以及适应过程中气候和非气候因素的适度,特别是在作物方面,农场,灌溉,和经济管理。此外,由VIABLE(环境系统中基于代理的交互和学习的价值和投资)框架指导,我们分析利益相关者的行动,优先事项,和气候变化适应过程中的目标。结构化问卷是基于五点李克特量表设计的,涵盖了生计资本的概念,适应气候变化,投资优先事项,农业限制,和农民的决策因素。在2021年12月至2022年2月期间,在旁遮普省和信德省的印度河平原的灌溉农业地区收集了800名农民的田间数据。巴基斯坦。我们采用偏最小二乘结构方程建模方法来分析VIABLE框架(VIABLE-SEM)收集的数据。结果证实生计资本是印度河平原农民适应策略的最重要决定因素(β=0.57,效应大小=0.503)。其他变量,比如农业的主要目的,可用的投资选择,自然和人为的限制,显得不那么重要。我们确定了13条重要的可行性途径,这些途径显示了投资优先事项,农业目的,以及农民在适应气候变化方面面临的制约因素。研究还发现,非气候因素对资本与适应之间的关系产生负面影响(β=-0.156),而气候因素对这种关系有积极影响(β=0.050)。有趣的是,这些影响因素的存在提高了农民的适应能力。这些发现对决策者和研究人员在巴基斯坦农业部门设计和实施有效的气候变化适应战略具有重要意义。
    This study aims to assess the role of sustainable livelihood capital, the mediation of investments and farming purposes, and the moderation of climatic and non-climatic factors in the adaptation process, particularly in the aspects of Crop, Farm, Irrigation, and Economic Management. Moreover, guided by the VIABLE (Values and Investments for Agent-Based Interaction and Learning in Environmental Systems) framework, we analyze stakeholders\' actions, priorities, and goals in the climate change adaptation process. A structured questionnaire was designed based on a five-point Likert scale covering the concepts of livelihood capital, climate change adaptation, investment priorities, farming constraints, and farmers\' decision-making factors. Field data were collected from 800 farmers during December 2021 to February 2022 in the irrigated agricultural regions in the Indus Plain of the Punjab and Sindh provinces, Pakistan. We employed the Partial Least Square Structural Equation Modeling approach to the VIABLE framework (VIABLE-SEM) to analyze the collected data. The results confirm livelihood capital as the most significant determinant (beta = 0.57, effect size = 0.503) for farmers\' adaptation strategies in the Indus plain. Other variables, such as the principal purpose of farming, available investment options, natural and human constraints, appear less important. We identified 13 significant viability pathways that show investment priorities, farming purposes, and constraints faced by the farmers in climate change adaptation. The study also found that non-climatic factors negatively influence (beta = -0.156) the relationship between capital and adaptation, while climatic factors positively influence (beta = 0.050) this relationship. Interestingly, the presence of these influencing factors increases the adaptive capacity of farmers. These findings have important implications for policymakers and researchers in designing and implementing effective climate change adaptation strategies in the agricultural sector of Pakistan.
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  • 文章类型: Journal Article
    给布迪厄,与文化的互动具有象征性的力量,并驱动着社会分层的表现。许多人适应了他的理论和方法,开发新的文化参与模式。这里,为了进一步整合这些理论和方法论方法,Bourdieu的工具用于操作和解释理解社会数据集中文化参与的潜在阶级分析。建立了六类增加参与度,与青年的关系越来越密切,资本和社会优势。然而,参与方面也有一些质的差异。类别也因其特征与成员资格相关而有所不同。例如,经济资本与体育参与有关,而有利的社会地位与广泛的参与有关。总的来说,这一分析结合了布迪尤斯理论与当代方法论在英国最大的代表性数据集,并强调了文化参与模式在指示(并可能产生)地位方面的更广泛相关性,身份,资本和社会地位。
    To Bourdieu, interaction with culture has symbolic power and drives the manifestation of social stratification. Many have adapted his theory and methodology, developing new models of cultural engagement. Here, to further integrate these theoretical and methodological approaches, Bourdieu\'s tools were used to operationalise and interpret a Latent Class Analysis of cultural engagement in the Understanding Society dataset. Six classes of increasing engagement were established, and were increasingly correlated with youth, capital and social advantage. However, some qualitative differences in engagement were also seen. The classes also varied by which characteristics correlated with membership. For example, economic capital was associated with sports engagement, while advantaged social position was associated with broad-scale engagement. Overall, this analysis combined Bourdieusian theory with contemporary methodology in the largest representative UK dataset and highlights the broader relevance of cultural engagement patterns in indicating (and possibly generating) status, identity, capital and social position.
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  • 文章类型: Journal Article
    生成性越来越被认为是健康衰老的重要组成部分。尽管生成的愿望受到社会和文化期望的影响,其驱动因素受退休状况的相对影响,一个重要的生命历程转变,未被充分挖掘。这项研究探讨了晚年的生成性是如何由退休地位和财务之间的相互作用驱动的,人力和社会资本。进行了一项针对45岁以上香港成年人的在线调查。线性回归模型按退休状态(工作和退休)分层,以检验财务(收入、资产,和财务满意度),人(教育和卫生相关措施),和社会资本(生产性和社会参与)关于生成性。在那些工作中,更高的生成性与金融相关,人类,以及促进物质供应的社会资本。在退休人员中,支持知识和经验传播的人力和社会资本对于生成性更为重要。对于这两个群体来说,来自密切社交网络的支持是最强的预测因素。不同的文化需求,由退休身份决定,在决定老年人如何为后代做出贡献方面起着至关重要的作用。这些发现可以为寻求支持健康过渡到退休的政策和计划提供信息。
    Generativity has been increasingly recognized as an important component of healthy aging. Although the desire to be generative is influenced by societal and cultural expectations, the relative influence of its driving factors by retirement status, a significant life-course transition, is underexplored. This study examined how later-life generativity is driven by the interplay between retirement status and financial, human and social capital. An online survey targeting Hong Kong adults aged 45+ was conducted. Linear regression models were stratified by retirement status (working and retired) to examine the effects of financial (income, assets, and financial satisfaction), human (education and health-related measures), and social capitals (productive and social engagement) on generativity. Among those working, higher generativity was associated with financial, human, and social capitals that facilitated material provision. Among those retired, human and social capitals that supported the transmission of knowledge and experience were more important for generativity. For both groups, support from close social networks was the strongest predictor. Different cultural demands, dictated by retirement status, play a crucial role in determining how older adults feel like they can contribute to subsequent generations. These findings can inform policies and programs that seek to support healthy transitions into retirement.
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