Our research explores the causes of Twitter activity in highly technological start‐ups that finance their activities via initial coin offerings (ICOs). By relying on weekly data of 297 ICOs for the ...period 2015–2020 (35,459 observations), we examine how major exogenous events affect the number of tweets issued by the start‐up. Then, we explore how the community of followers reacts to the tweets. We discover that events external to firms reduce ICOs’ tweeting activity. Moreover, our evidence indicates that the followers’ reaction is positively related to the tweets issued by the firm and negatively related to major events unrelated to the firm. Interestingly, followers’ reaction has an inverted U‐shaped relation with the firm's Twitter volume, suggesting that excessive Twitter activity can harm the further dissemination of tweets. Our results, robust to alternative estimation techniques, emphasize the important role of Twitter as an information disseminator, legitimizer, and endorser for highly opaque firms.
Abstract
While the volume of adjudication by federal agencies far outstrips the volume of cases decided by the federal judiciary, researchers have devoted relatively little attention to agency ...adjudication and political control thereof. We study three mechanisms of presidential control of immigration adjudication: capacity-building, selection, and precedential rulemaking. First, consistent with work on bureaucratic capacity, the Trump administration achieved its goal of increasing removals of noncitizens through an unprecedented increase in total hiring of immigration judges (IJs). Second, contrary to expectations from the literatures on judicial behavior and bureaucratic politics, we find little evidence of partisan effects in IJ selection. Third, we demonstrate the substantial power of what we call “precedential rulemaking”—the power by the Attorney General to select cases in which to issue binding precedent. These results illustrate the importance of incorporating mechanisms of supervisory and legal control into the study of administrative courts.
Abstract
This article evaluates the interactions between housing, the credit market, and the ECB’s asset purchase program (APP) from 2015 until 2020 and then in the course of the ECB’s pandemic ...emergency purchase program (PEPP) in 2020. The model is calibrated for the euro area. The findings illustrate the way in which macrohousing channels affect bank portfolio rebalancing which is the main channel for asset purchases to influence the economy. The results show that asset purchasing performs better during a crisis, particularly if it is conducted for an appropriate extent of time. The findings suggest that the PEPP alone is not sufficient to accelerate recovery. As a result, further actions such as timely targeted fiscal policies are required to step up recovery. However, to protect the financial sector, the PEPP should be extended until the Covid-19 crisis phase is over.
Consumption is a well-being measure that is determined by a combination of resources (e.g., income, in-kind benefits, assets, debt, time) available to households, their circumstances, and their ...preferences. In this study, we derive consumption poverty statistics using a consumption measure that includes the flow of services from owner-occupied housing and vehicles and in-kind transfers. The base data are from the US Consumer Expenditure Survey Interview from 2015 through 2020. The consumption poverty rate (using an absolute threshold anchored to the 2015 relative consumption poverty rate) declines from 16.8 percent in 2015 to 11.5 percent in 2020.
The impact of Horizon 2020 on innovation in Europe Veugelers, Reinhilde; Cincera, Michele; Frietsch, Rainer ...
Inter economics,
2015, 1-2015, 2015-1-00, 20150101, Letnik:
50, Številka:
1
Journal Article
Recenzirano
Odprti dostop
The EU's stagnation on many innovation indicators led to a number of efforts to spur a turnaround. One of most visible projects has been the Horizon 2020 strategy, which devotes unprecedented levels ...of funding to the promotion of R&D and innovation. But does this strategy address the right issues to promote innovation? Is Horizon 2020 right to ignore geographical considerations when allocating funding? What policy instruments does Horizon 2020 recommend, and has it led to novel strategies being employed, beyond the increase in R&D funding? What steps are individual countries taking? Most importantly, what impact is Horizon 2020 actually having on innovation in the EU?
Die migrantische Mobilität im Sommer 2015 hat die europäische Flüchtlingspolitik auf den Kopf gestellt. Rechte und konservative Kräfte wurden bestärkt, aber auch die Solidaritätserfahrungen hallen ...immer noch nach. Wie steht es nun um die Kämpfe der Migration? Welche Kräfte haben sich durchgesetzt und welche Verschiebungen haben sich diskursiv und politisch ergeben? Und was bedeutet dies für emanzipatorische, pro-migrantische Perspektiven? Die Forschungsgruppe »Beyond Summer 15« diskutiert diese Transformation des Migrationsregimes und zeigt u.a. in den Bereichen Recht, öffentliche Debatten, zivilgesellschaftliche Interventionen und Arbeitsmarkt auf, wie um Migration gerungen wird.
With the problems of neonatal survival and aging of the population becoming increasingly serious, the voice that longs for a new model of the medical industry is pushed to the limelight in the ...society. Gradually, a neologism “eHealth” is perceived by the public. A number of countries believe the eHealth industry will be the most promising industry in the 21st century, and policies should be made to promote its development. From the view of the policy tools, this paper proposes a theoretical analysis framework for the eHealth industry to compare the policies of the eHealth industry between China and the USA, who respectively enacted “Healthy China 2030” and “Federal Health IT Strategic Plan (2015-2020).” The results illustrate that China prefers to use “demand side policy,” which focuses on “legal and regulatory” and “public services.” While the USA prefers to use “supply side policy,” which focuses on “public services.” Moreover, this study unscrambles the specific policy terms and provides the policy recommendations for the further development of the eHealth industry.
Given the significant similarities and differences between the welfare states of Northern Europe and their reactions to the perceived 'refugee crisis' of 2015, the book focuses primarily on the three ...main cases of Denmark, Sweden and Germany. Placed in a wider Northern European context – and illustrated by those chapters that also discuss refugee experiences in Norway and the UK – the Danish, Swedish and German cases are the largest case studies of this edited volume. Thus, the book contributes to debates on the governance of non-citizens and the meaning of displacement, mobility and seeking asylum by providing interdisciplinary analyses of a largely overlooked region of the world, with two specific aims. First, we scrutinize the construction of the 2015 crisis as a response to the large influx of refugees, paying particular attention to the disciplinary discourses and bureaucratic structures that are associated with it. Second, we investigate refugees’ encounters with these bureaucratic structures and consider how these encounters shape hopes for building a new life after displacement. This allows us to show that the mobility of specific segments of the world’s population continues to be seen as a threat and a risk that has to be governed and controlled. Focusing on the Northern European context, our volume interrogates emerging policies and discourses as well as the lived experiences of bureaucratization from the perspective of individuals who find themselves the very objects of bureaucracies.
Foreign debt is a tool for engendering economic growth. When properly applied, it could be used to reduce inequality in a nation as envisaged by the United Nations’ sustainable development goal ten ...(10). It is also settled in the literature that debt servicing can be an obstructing factor in the quest for reduction of inequality in Nigeria. Using the fourth republic as a barometer, this study sets out to analyze the effect of foreign debt and reduction of inequality (2015-2020). It also evaluated the quantum of international political mileage accruable from Nigeria’s domestication of the SDG goal of “reduction of inequality” despite increasing foreign debt profile. The study adopted qualitative method with the aid of descriptive analysis with data from Key Informant Interview and Secondary Data from the Debt Management Office (DMO), SDG office in the Presidency, Ministry of Foreign Affairs. This is further complemented by expert opinion from reputable journalists, economists and financial analysts. The study concluded that debt remains a a tool for jumpstarting economic development. However, its procurement and application must be done in a manner that makes it difficult for diversion from the primary objective of reduction of inequality. The study therefore recommended that the Federal government should strengthen the debt management framework and the agency to help give a regular guide and supervision of the long run debt effect hence.
PDF
