Mostrando recursos 1 - 10 de 10

  1. Starthilfe Wohnen. Ein Projekt des Armutsnetzwerks Vöcklabruck

    Rauscher, Olivia; Pervan-Al Soqauer, Ina
    Das NPO-Kompetenzzentrum der Wirtschaftsuniversität Wien wurde von Coca-Cola Österreich mit der Evaluierung des Projekts "Starthilfe Wohnen - ein Projekt des Armutsnetzwerkes Vöcklabruck" beauftragt. Das Projekt wurde im Rahmen der Initiative "Ideen gegen Armut" zum Preisträger 2010 gewählt. Der "Ideen gegen Armut" Innovationspreis wurde 2007 von Coca-Cola Österreich gemeinsam mit "Der Standard" und dem NPO-Kompetenzzentrum ins Leben gerufen, um Projekte zum Thema Armutsbekämpfung und Armutsprävention in Österreich mit einer "Anschubfinanzierung" in ihrer Umsetzung zu unterstützen. Die Evaluation erfolgt mittels einer Social Return on Investment (SROI)-Analyse, deren Ziel es ist, den durch das Projekt geschaffenen gesellschaftlichen Mehrwert möglichst umfassend zu bewerten. Die Methode will neben den finanziellen, explizit auch...

  2. Lexicography for specific purposes. Equivalence in bilingual and multilingual specialised dictionaries with reference to conceptual systems.

    Edelmann, Gerhard
    Terminological equivalence is one of the central issues in translation. To secure equivalence in translations for special purpose languages, the translator has to structure the terms of a given text by reference to a conceptual system and thus identify - independently for both the source and target languages - the conceptual system in which a specific term is embedded. Bilingual and multilingual dictionaries are indispensable tools for any translator. However, due to the importance of the conceptual systems in specialised-language translation, a specialised dictionary has to fulfill higher requirements than general dictionaries. As a matter of fact, a dictionary suitable...

  3. Snow and leverage

    Giroud, Xavier; Mueller, Holger M.; Stomper, Alex; Westerkamp, Arne
    Using a sample of highly (over-)leveraged Austrian ski hotels undergoing debt restructurings, we show that reducing a debt overhang leads to a significant improvement in operating performance (return on assets, net profit margin). In particular, a reduction in leverage leads to a decrease in overhead costs, wages, and input costs, and to an increase in sales. Changes in leverage in the debt restructurings are instrumented with Unexpected Snow, which captures the extent to which a ski hotel experienced unusually good or bad snow conditions prior to the debt restructuring. Effectively, Unexpected Snow provides lending banks with the counterfactual of what would have been the ski hotel's operating performance...

  4. After Two Decades of Integration: How Interdependent are Eastern European Economies and the Euro Area?

    Prettner, Catherine; Prettner, Klaus
    This article investigates the interrelations between the initial members of the Euro area and five important Central and Eastern European economies. We set up a theoretical open economy model to derive the Purchasing Power Parity, the Interest Rate Parity, the Fisher Inflation Parity, and an output gap relation. After taking convergence into account, they are used as restrictions on the cointegration space of a structural vector error correction model. We then employ generalized impulse response analysis to assess the dynamic effects of shocks in output and interest rates on the respective other area as well as the implications of shocks...

  5. Border Collision Bifurcations in Boom and Bust Cycles

    Kubin, Ingrid; Gardini, Laura
    Boom and bust cycles are widely documented in the literature on industry dynamics. Rigidities and delays in capacity adjustment in combination with bounded rational behavior have been identified as central driving forces. We construct a model that features only these two elements and we show that this is indeed sufficient to reproduce some stylized facts of a boom and bust cycle. The bifurcation diagrams summarizing the dynamic behavior reveal complex cycles and in particular also abrupt changes in the nature of these cycles. We apply new insights from the mathematical theory of piecewise smooth dynamic systems - in particular, results from...

  6. Strategic and institutional effects on foreign IPO performance : Examining the impact of country of origin, corporate governance, and host country effects

    Moore, Curt B.; Bell, R. Greg; Filatotchev, Igor
    By integrating signaling research with an institutional perspective we examine how country of origin, corporate governance, and host market effects impact foreign IPO performance. Using a sample of 202 foreign IPOs listed in the U.S. or U.K in 2002-2007 results indicate both the legal environment surrounding these organizations in their countries of origin and board independence impact the success of foreign firms at IPO. However, the institutional environment of the chosen IPO market impacts the salience of country and corporate governance signals for foreign IPO firms suggesting a more contextualized framework of IPO valuation is necessary. (author's abstract)

  7. A Coupled Markov Chain Approach to Credit Risk Modeling

    Wozabal, David; Hochreiter, Ronald
    We propose a Markov chain model for credit rating changes. We do not use any distributional assumptions on the asset values of the rated companies but directly model the rating transitions process. The parameters of the model are estimated by a maximum likelihood approach using historical rating transitions and heuristic global optimization techniques. We benchmark the model against a GLMM model in the context of bond portfolio risk management. The proposed model yields stronger dependencies and higher risks than the GLMM model. As a result, the risk optimal portfolios are more conservative than the decisions resulting from the benchmark model. (author's abstract)

  8. Influencing Elections with Statistics: Targeting Voters with Logistic Regression Trees

    Rusch, Thomas; Lee, Ilro; Hornik, Kurt; Jank, Wolfgang; Zeileis, Achim
    Political campaigning has become a multi-million dollar business. A substantial proportion of a campaign's budget is spent on voter mobilization, i.e., on identifying and influencing as many people as possible to vote. Based on data, campaigns use statistical tools to provide a basis for deciding who to target. While the data available is usually rich, campaigns have traditionally relied on a rather limited selection of information, often including only previous voting behavior and one or two demographical variables. Statistical procedures that are currently in use include logistic regression or standard classification tree methods like CHAID, but there is a growing interest in employing modern data...

  9. Influencing Elections with Statistics: Targeting Voters with Logistic Regression Trees

    Rusch, Thomas; Lee, Ilro; Hornik, Kurt; Jank, Wolfgang; Zeileis, Achim
    Political campaigning has become a multi-million dollar business. A substantial proportion of a campaign's budget is spent on voter mobilization, i.e., on identifying and influencing as many people as possible to vote. Based on data, campaigns use statistical tools to provide a basis for deciding who to target. While the data available is usually rich, campaigns have traditionally relied on a rather limited selection of information, often including only previous voting behavior and one or two demographical variables. Statistical procedures that are currently in use include logistic regression or standard classification tree methods like CHAID, but there is a growing interest in employing modern data...

  10. Making Sense of Business Process Descriptions: An Experimental Comparison of Graphical and Textual Notations

    Ottensooser, Avner; Fekete, Alan; Reijers, Hajo A.; Mendling, Jan; Menictas, Con
    How effective is a notation in conveying the writer's intent correctly? This paper identifies understandability of design notations as an important aspect which calls for an experimental comparison. We compare the success of university students in interpreting business process descriptions, for an established graphical notation (BPMN) and for an alternative textual notation (based on written use-cases). Because a design must be read by diverse communities, including technically-trained professionals such as developers and business analysts, as well as end-users and stakeholders from a wider business setting, we used different types of participants in our experiment. Specifically, we included those who had...

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