Stylists have become increasingly influential in shaping fashion imagery. They have moved from the backstage, as unrecognised players, to the frontstage of fashion, becoming celebrated for their ...creative work as image makers for magazines, advertising and fashion designers. Yet little is known about the profession, its diverse incarnations and its aesthetic economy. Featuring contributions from leading experts and stylists, this collection is the first to explore the history, meaning and practice of fashion styling through interviews and historic and present-day case studies.Featuring in-depth contributions from prominent fashion scholars, chapters span historical periods, cultural contexts and theoretical frameworks, employing a range of methodologies in the international case studies upon which they're based. Interspersed with interviews with innovative fashion stylists working today, and drawing on examples from advertising, the catwalk and magazines, this book explores the challenges faced by stylists in a fashion system increasingly shaped by commercial pressures and by growing numbers of collections and seasons.Fashion Stylists is an invaluable resource for students and professionals interested in image-making, the representation of style and fashion, entrepreneurship and the history of fashion professionals.
Using recent data, we reject the hypothesis that the buyback anomalies first reported by Lakonishok and Vermaelen (1990, Journal of Finance 45:455-77) and Ikenberry, Lakonishok, and Vermaelen (1995, ...Journal of Financial Economics 39:181-208) have disappeared over time. We find evidence consistent with the hypothesis that open market repurchases are a response to a market overreaction to bad news: significant analyst downgrades, combined with overly pessimistic forecasts of long-term earnings. Stock prices after tender offers are set as if all investors tender their shares, but empirically they do not. Thus, the arbitrage opportunity persists because the market sets prices as if the average, not the marginal investor, determines the stock price
Capital Structures in Developing Countries Booth, Laurence; Aivazian, Varouj; Demirguc-Kunt, Asli ...
The Journal of finance (New York),
February 2001, Letnik:
56, Številka:
1
Journal Article
Recenzirano
This study uses a new data set to assess whether capital structure theory is portable across countries with different institutional structures. We analyze capital structure choices of firms in 10 ...developing countries, and provide evidence that these decisions are affected by the same variables as in developed countries. However, there are persistent differences across countries, indicating that specific country factors are at work. Our findings suggest that although some of the insights from modern finance theory are portable across countries, much remains to be done to understand the impact of different institutional features on capital structure choices.
The international politics of the Middle East fills a major gap in the field of middle eastern political studies by combining international relations theory with concrete case studies. It will be of ...immense benefit to students of middle eastern politics, international relations and comparative politics. The book begins with an overview of the rules and features of the middle east regional system - the arena in which the local states, including Egypt, Turkey, Israrel and Arab states od Syria, Jordan and Iraq, operate. It goes on to analyse foreign policy-making in key states, illustrating how systematic determinants contrain this policy-making, and how these contraints are dealt with in distinctive ways depending on particular domsetic features of the individual states. Finally, the book goes on to look at the outcomes of state policies by examining several major conflicts including the Arab-Israeli conflict and the Gulf War, and the system of regional alignment. The book assesses the impact of international pentrartion in the region, including the hsitorica reasons behind the formation of the regional state system. It also analyses the continued role of the external great powers, such as the United States and the former Soviet Union and explains the process by which the region has besome incorporated into the global capitalist market.
This paper analyzes how the implicit difference in time horizons between refugees and economic immigrants affects subsequent human capital investments and wage assimilation. The analysis uses the ...1980 and 1990 Integrated Public Use Samples of the Census to study labor market outcomes of immigrants who arrived in the United States from 1975 to 1980. I find that in 1980 refugee immigrants in this cohort earned 6% less and worked 14% fewer hours than economic immigrants. Both had approximately the same level of English skills. The two immigrant groups had made substantial gains by 1990; however, refugees had made greater gains. In fact, the labor market outcomes of refugee immigrants surpassed those of economic immigrants. In 1990, refugees from the 1975-1980 arrival cohort earned 20% more, worked 4% more hours, and improved their English skills by 11% relative to economic immigrants. The higher rates of human capital accumulation for refugee immigrants contribute to these findings.
Local Instruments, Global Extrapolation Bisbee, James; Dehejia, Rajeev; Pop-Eleches, Cristian ...
Journal of labor economics,
07/2017, Letnik:
35, Številka:
S1
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Odprti dostop
We investigate the external validity of local average treatment effects (LATEs), specifically Angrist and Evans’s use of same sex of the two first children as an instrumental variable for the effect ...of fertility on labor supply. We estimate their specification in 139 country-year censuses using Integrated Public Use Microdata Sample–International data. We compare each country-year’s actual LATE to the extrapolated LATE from other country-years. We find that, with a sufficiently large reference sample, we extrapolate the treatment effect reasonably well, but the degree of accuracy depends on the extent of covariate similarity between the target and reference settings.
This paper explores the empirical relevance of banking market structure on growth. There is substantial evidence of a positive relationship between the level of development of the banking sector of ...an economy and its long-run output growth. Little is known, however, about the role played by the market structure of the banking sector on the dynamics of capital accumulation. This paper provides evidence that bank concentration promotes the growth of those industrial sectors that are more in need of external finance by facilitating credit access to younger firms. However, we also find evidence of a general depressing effect on growth associated with a concentrated banking industry, which impacts all sectors and all firms indiscriminately.
Rents, Competition, and Corruption Ades, Alberto; Di Tella, Rafael
The American economic review,
09/1999, Letnik:
89, Številka:
4
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Odprti dostop
Theoretically the effect of competition on corruption is ambiguous. Less competition means firms enjoy higher rents, so that bureaucrats with control rights over them, such as tax inspectors or ...regulators, have higher incentives to engage in malfeasant behavior. Examples of a positive connection between rents and corruption abound, however. The hypothesis that natural rents, as in the case of oil, and rents induced by lack of product market competition foster corruption, is examined. A model is set up connecting rents to corruption.
La reestructuración económica internacional en curso, producto de la crisis de expansión del capitalismo, es un eje indispensable para la comprensión de los fenómenos regionales, y puede ...caracterizarse sintéticamente con las palabras de E. Laurelli y J. Linden-boim: "...se asienta en un proceso de continua centralización del capital, de aceleración de la utilización de los avances científico-técnicos, de mayor participación de los Estados en asociaciones supranacionales; de fortalecimiento de grandes grupos económicos locales; de intensificación de los lazos dependientes de nuestros países con los países capitalistas centrales dentro de los cuales se destacan los efectos del endeudamiento externo; la difusión de políticas de ajuste, básicamente asentadas en orientaciones neoliberales." En este marco, el rol del Estado ha cambiado fundamentalmente su perfil en América Latina, a partir de la "imposición de una imagen antiestatista y la aplicación de medidas que achican, degradan y desmembran el aparato estatal en tamaño y atribuciones" (¡bidem) a diferencia del papel regulador y de control social que mantiene e los países centrales, especialmente de Europa occidental, y la tendencía a un mayor intervencionismo que se está dando en Estados Unidos.
Skill Bias of World Trade Epifani, Paolo; Gancia, Gino
The Economic journal (London),
July 2008, Letnik:
118, Številka:
530
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This article suggests that international trade, even between identical countries, can raise the relative demand for skilled labour. It shows that a simple generalisation of Krugman's (1979) model of ...trade in differentiated products has implications for the skill premium, through economies of scale rather than Hecksher-Ohlin effects, that are consistent with a number of stylised facts. It provides new evidence in support of these results by showing that increases in market size lead to higher returns to education, skill premia and income inequality.
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