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Article
Publication date: 13 April 2015

Fee Hilbert, Julia Barth, Julia Gremm, Daniel Gros, Jessica Haiter, Maria Henkel, Wilhelm Reinhardt and Wolfgang G. Stock

The purpose of this paper is to show how the coverage of publications is represented in information services. Academic citation databases (Web of Science, Scopus, Google Scholar…

Abstract

Purpose

The purpose of this paper is to show how the coverage of publications is represented in information services. Academic citation databases (Web of Science, Scopus, Google Scholar) and scientific social media (Mendeley, CiteULike, BibSonomy) were analyzed by applying a new method: the use of personal publication lists of scientists.

Design/methodology/approach

Personal publication lists of scientists of the field of information science were analyzed. All data were taken in collaboration with the scientists in order to guarantee complete publication lists.

Findings

The demonstrated calibration parameter shows the coverage of information services in the field of information science. None of the investigated databases reached a coverage of 100 percent. However Google Scholar covers a greater amount of publications than other academic citation databases and scientific social media.

Research limitations/implications

Results were limited to the publications of scientists working at an information science department from 2003 to 2012 at German-speaking universities.

Practical implications

Scientists of the field of information science are encouraged to review their publication strategy in case of quality and quantity.

Originality/value

The paper confirms the usefulness of personal publication lists as a calibration parameter for measuring coverage of information services.

Details

Online Information Review, vol. 39 no. 2
Type: Research Article
ISSN: 1468-4527

Keywords

Article
Publication date: 1 November 2011

Cinzia Alcidi and Daniel Gros

This paper sets out to explore three areas in which the experience of the great depression might be relevant today: monetary policy, fiscal policy, and the systemic stability of…

5321

Abstract

Purpose

This paper sets out to explore three areas in which the experience of the great depression might be relevant today: monetary policy, fiscal policy, and the systemic stability of banks.

Design/methodology/approach

A critical review of the US data for the 1920s and 1930s is presented and stylised facts for monetary, fiscal and banking policies during the noughties are shown and compared with those of the great depression.

Findings

The authors confirm the consensus on monetary policy: deflation and massive bank failures must be avoided. With regard to fiscal policy it is impossible to confirm a widespread opinion according to which fiscal policy did not work because it was not tried. The paper finds that fiscal policy went to the limit of what was possible under the conditions as they existed then. Policy reaction after 1932 was no less bold than that of today if one accounts for sustainability issues. Lastly, the investigation of the US banking system shows a surprising resilience of commercial banks that remained profitable, at least on average, even during the worst years.

Originality/value

First, the paper presents a systematic comparison between the great depression and the great recession, highlighting similarities and differences. Second, it suggests a relevant policy implication. Findings on commercial bank sector resilience suggest that at present national authorities have little choice but to make up for the losses on “legacy” assets and wait for banks to earn back their capital. However, to prevent future crises, at least a partial separation of commercial and investment banking seems justified.

Details

Journal of Economic Studies, vol. 38 no. 6
Type: Research Article
ISSN: 0144-3585

Keywords

Content available
Article
Publication date: 1 April 2002

Samuel Brittan

168

Abstract

Details

European Business Review, vol. 14 no. 2
Type: Research Article
ISSN: 0955-534X

Article
Publication date: 1 January 2005

Jennifer Ping‐Ngoh Foo

The transition countries have been pursuing a market economy since the early 1990s. Crucial reforms in the banking and financial sectors are necessary to provide a financial…

2255

Abstract

The transition countries have been pursuing a market economy since the early 1990s. Crucial reforms in the banking and financial sectors are necessary to provide a financial structure that supports a market economy, particularly the private and enterprise sector, leading to economic growth. This paper examines the banking and financial development in the transition countries. Arguments for banking reforms are made and the conditions for an efficient banking system are examined. A comparison in the progress of banking reforms and economic growth provides useful lessons not only for the transition countries but for developing and other emerging countries. Lastly, policy choices are suggested for the transition countries.

Details

Managerial Finance, vol. 31 no. 1
Type: Research Article
ISSN: 0307-4358

Keywords

Article
Publication date: 31 January 2022

Ümit Şengel, Merve Işkın, Mustafa Çevrimkaya and Gökhan Genç

Since the first moment of the pandemic, national and international travel restrictions are in place to reduce human mobility. This actual situation makes the tourism industry one…

Abstract

Purpose

Since the first moment of the pandemic, national and international travel restrictions are in place to reduce human mobility. This actual situation makes the tourism industry one of the areas most affected by the pandemic. Many microeconomic factors (households and firms) were adversely affected by the pandemic, and this situation brought about macroeconomic contraction. Naturally, governments seek to sustain production and employment by offering financial packages to reduce the negative economic effects of the pandemic. Given such information, the study aims to examine the financial policies implemented by countries to support the tourism industry during the pandemic period.

Design/methodology/approach

Content analysis, which is a technique of qualitative research method, was applied in the analysis process of the data. Assessments were made based on data published by the United Nations World Tourism Organization (UNWTO) on the financial and monetary policies implemented by countries to support the tourism industry. The data were analyzed using the MAXQDA qualitative analysis program.

Findings

According to the results of the study, countries support the tourism industry financially in terms of credit and liquidity. Also, tourism investments are encouraged by tax breaks and low interest rates.

Originality/value

It is aimed to determine what issues the financial and monetary policies published by the UNWTO focus on to solve the problems in the tourism sector. In this way, it is thought that the study will reveal the problems experienced by tourism enterprises during the pandemic period with a holistic perspective.

Details

Journal of Hospitality and Tourism Insights, vol. 6 no. 4
Type: Research Article
ISSN: 2514-9792

Keywords

Article
Publication date: 3 August 2015

Diego Valiante

The purpose of this paper is to assess the impact of the impact of the single currency on the institutional design of the banking union, through evidence on the financial…

398

Abstract

Purpose

The purpose of this paper is to assess the impact of the impact of the single currency on the institutional design of the banking union, through evidence on the financial integration process.

Design/methodology/approach

Data analysis uses multiple sources of data on key drivers of financial fragmentation. The paper starts from a snapshot the status of financial integration and then identifies the main components of this trend.

Findings

Evidence shows that financial integration in the euro area between 2010 and 2014 retrenched at a quicker pace than outside the monetary union. Home bias persisted. Under market pressures, governments compete on funding costs by supporting “their” banks with massive state aids, which distorts the playing field and feed the risk-aversion loop. This situation intensifies frictions in credit markets, thus hampering the transmission of monetary policies and, potentially, economic growth. Taking stock of developments in the euro area, this paper discusses the theoretical framework of a banking union in a single currency area with decentralised fiscal policy sovereignty. It concludes that, when a crisis looms over, a common fiscal backstop can reduce pressures of financial fragmentation, driven by governments’ moral hazard and banks’ home bias.

Research limitations/implications

Additional research is required to deepen the empirical analysis, with econometric modelling, on the links between governments’ implicit guarantees and banks’ home bias. This is an initial data analysis.

Originality/value

Under market pressure, governments in a single currency area tend to be overprotective (more than countries with full monetary sovereignty) towards their own banking system and so trigger financial fragmentation (enhancing banks’ home bias). To revert that, a common fiscal backstop is an essential element of the institutional design. The paper shows empirical evidence and theory, as well as it identifies underlying market failures. It links the single currency to the institutional design of a banking union. This important dimension is brought into a coherent framework.

Details

Journal of Financial Economic Policy, vol. 7 no. 3
Type: Research Article
ISSN: 1757-6385

Keywords

Article
Publication date: 1 February 1988

Anthony Clunies Ross

The assignment of targets to instruments in developing countries cannot satisfactorily follow any simple universal rule. Which approach is appropriate is influenced by whether the…

273

Abstract

The assignment of targets to instruments in developing countries cannot satisfactorily follow any simple universal rule. Which approach is appropriate is influenced by whether the economy is dominated by primary exports, by the importance of the domestic bond market and bank credit, by the extent of existing restriction in foreign exchange and financial markets, by the presence or absence of persistent high inflation, and by the existence or non‐existence of an active international market in the country's currency. Eighteen observations and maxims on stabilisation policy are tentatively drawn (pp. 64–8) from the material reviewed, and the maxims are partly summarised (pp. 69–71) in a schematic assignment, with variations, of targets to instruments.

Details

Journal of Economic Studies, vol. 15 no. 2
Type: Research Article
ISSN: 0144-3585

Keywords

Article
Publication date: 1 January 1954

Aarhus Kommunes Biblioteker (Teknisk Bibliotek), Ingerslevs Plads 7, Aarhus, Denmark. Representative: V. NEDERGAARD PEDERSEN (Librarian).

Abstract

Aarhus Kommunes Biblioteker (Teknisk Bibliotek), Ingerslevs Plads 7, Aarhus, Denmark. Representative: V. NEDERGAARD PEDERSEN (Librarian).

Details

Aslib Proceedings, vol. 6 no. 1
Type: Research Article
ISSN: 0001-253X

Article
Publication date: 14 December 2020

Ilya A. Surov, Vlada V. Ignateva and Andrey Y. Bazhenov

The study aims to reveal regularities of collective decision in groups of varying cooperativity and to investigate the influence of individualism–collectivism cultural dimension…

Abstract

Purpose

The study aims to reveal regularities of collective decision in groups of varying cooperativity and to investigate the influence of individualism–collectivism cultural dimension on the emergence of collective behavioral entities.

Design/methodology/approach

An agent-based model of group behavior is used to simulate the logic of collective binary decisions defined by reaching a consensus threshold. The key parameter of the model is the cooperativity of interaction between individuals which locates the group in individualism–collectivism cultural dimension. The probabilities of collective decisions are measured as a function of individual preferences and the strength of cooperation between agents.

Findings

Strong, weak and middle point cooperativities of inter-individual interaction define three distinct regimes of collective decision logic, namely, individualism, conformism and criticality. The critical organization allows the group to generate coherent non-predetermined collective behavior in statistical agreement with individual preferences.

Research limitations/implications

Emergent collective behavior with coherent and nondeterministic decision-making can be modeled in an agent-based approach with local interaction between individuals tuned to a critical point. Variation of a single cooperativity parameter accounts for a continuous transition between organizations of the group inherent to inert matter and living systems.

Social implications

A new organization of social systems distinguished by internally relaxed relations and large-scale freedom is found beyond the traditional individualism–collectivism contraposition. This state is reached by tuning behavioral logic of individuals to a critical balance of individual and collective values.

Originality/value

Individualist, conformist and critical regimes of collective organization distinct in terms of integrity, complexity and determinism are recognized as universal organizational classes of nature spanning both inert and living systems. In particular, individualist and conformist regimes produce simple deterministic behavior typical for gases and solid bodies, whereas the critical organization generates complex nondeterministic behavior inherent to living organisms.

Details

Kybernetes, vol. 50 no. 8
Type: Research Article
ISSN: 0368-492X

Keywords

Article
Publication date: 25 April 2008

Daniela Petrelli and Daniel Auld

Purpose – This paper aims to provide an initial understanding of the constraints that historical video collections pose to video retrieval technology and the potential that online…

1401

Abstract

Purpose – This paper aims to provide an initial understanding of the constraints that historical video collections pose to video retrieval technology and the potential that online access offers to both archive and users. Design/methodology/approach – A small and unique collection of videos on customs and folklore was used as a case study. Multiple methods were employed to investigate the effectiveness of technology and the modality of user access. Automatic keyframe extraction was tested on the visual content while the audio stream was used for automatic classification of speech and music clips. The user access (search vs browse) was assessed in a controlled user evaluation. A focus group and a survey provided insight on the actual use of the analogue archive. The results of these multiple studies were then compared and integrated (triangulation). Findings – The amateur material challenged automatic techniques for video and audio indexing, thus suggesting that the technology must be tested against the material before deciding on a digitisation strategy. Two user interaction modalities, browsing vs searching, were tested in a user evaluation. Results show users preferred searching, but browsing becomes essential when the search engine fails in matching query and indexed words. Browsing was also valued for serendipitous discovery; however the organisation of the archive was judged cryptic and therefore of limited use. This indicates that the categorisation of an online archive should be thought of in terms of users who might not understand the current classification. The focus group and the survey showed clearly the advantage of online access even when the quality of the video surrogate is poor. The evidence gathered suggests that the creation of a digital version of a video archive requires a rethinking of the collection in terms of the new medium: a new archive should be specially designed to exploit the potential that the digital medium offers. Similarly, users' needs have to be considered before designing the digital library interface, as needs are likely to be different from those imagined. Originality/value – This paper is the first attempt to understand the advantages offered and limitations held by video retrieval technology for small video archives like those often found in special collections.

Details

Program, vol. 42 no. 2
Type: Research Article
ISSN: 0033-0337

Keywords

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