Browse Titles - 48 results
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How Can Chemicals Be Produced in a More Sustainable Process?
(Latest Thinking, 2018), 13 mins
KAI SUNDMACHER’s aim is to introduce a more sustainable process to chemicals production. As he explains in this video, for new technological developments in chemical process engineering a new methodology is needed that is able to include many decision variables in order to find the best pathway from the raw mate...
Open Access
(Latest Thinking, 2018), 13 mins
Description
KAI SUNDMACHER’s aim is to introduce a more sustainable process to chemicals production. As he explains in this video, for new technological developments in chemical process engineering a new methodology is needed that is able to include many decision variables in order to find the best pathway from the raw materials to the target product. Therefore, his research team developed an elementary process function (EPF) methodology which allows them...
KAI SUNDMACHER’s aim is to introduce a more sustainable process to chemicals production. As he explains in this video, for new technological developments in chemical process engineering a new methodology is needed that is able to include many decision variables in order to find the best pathway from the raw materials to the target product. Therefore, his research team developed an elementary process function (EPF) methodology which allows them to analyze the pathway of fluid elements and the goal is to steer this fluid element along an ideal pathway towards the final state, thereby discovering the most sensitive manipulating variables. Already, the researchers have found many real-world applications for this EPF methodology, such as in the chemicals production industry, in solids production and in biotechnology.
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Field of Study
Business & Economics
Content Type
Instructional material
Contributor
Kai Sundmacher, 1965-
Date Published / Released
2018
Publisher
Latest Thinking
Topic / Theme
Manufacturing processes, Chemical industry
Copyright Message
Copyright © 2018 Latest Thinking
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How Can Economics Help Us Explain Parenting?
(Germany: Latest Thinking, 2018), 10 mins
The choices that we make as parents are among the most important that we make in our lifetimes: whether to have children, how many children to have, what form of education should we provide. In this video, MATTHIAS DOEPKE explains how the economic method can help us to understand the choices that parents make. Eco...
Open Access
(Germany: Latest Thinking, 2018), 10 mins
Description
The choices that we make as parents are among the most important that we make in our lifetimes: whether to have children, how many children to have, what form of education should we provide. In this video, MATTHIAS DOEPKE explains how the economic method can help us to understand the choices that parents make. Economic factors clearly constrain parental choice and, drawing on the concept of parenting style developed in psychology, the research de...
The choices that we make as parents are among the most important that we make in our lifetimes: whether to have children, how many children to have, what form of education should we provide. In this video, MATTHIAS DOEPKE explains how the economic method can help us to understand the choices that parents make. Economic factors clearly constrain parental choice and, drawing on the concept of parenting style developed in psychology, the research demonstrates a striking degree of alignment between different parenting styles and the degree of economic inequality in a society. Doepke’s work on the economics of parenting is highly relevant not only to how we might improve social mobility but also to the design of education systems and labor markets.
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Field of Study
Business & Economics
Content Type
Instructional material
Date Published / Released
2018
Publisher
Latest Thinking
Speaker / Narrator
Matthias Doepke, fl. 2006
Person Discussed
Matthias Doepke, fl. 2006
Topic / Theme
Educational systems, Class mobility, Economic discrimination, Economic development, Parenting, Parents
Copyright Message
Copyright © 2018 Latest Thinking
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How Can the Data Economy Be Regulated to Promote New Emerging Markets?
(Latest Thinking), 14 mins
In the new digital economy the problem of data protection is not only heatedly debated but also has become the subject of academic research. New business models are emerging based on the current digital transformation of manufacturing and the digital transformation of many smart products. These smart products, suc...
Open Access
(Latest Thinking), 14 mins
Description
In the new digital economy the problem of data protection is not only heatedly debated but also has become the subject of academic research. New business models are emerging based on the current digital transformation of manufacturing and the digital transformation of many smart products. These smart products, such as autonomous cars, collect a huge number of data. The question arises: Who owns the data and how should the access to these data be...
In the new digital economy the problem of data protection is not only heatedly debated but also has become the subject of academic research. New business models are emerging based on the current digital transformation of manufacturing and the digital transformation of many smart products. These smart products, such as autonomous cars, collect a huge number of data. The question arises: Who owns the data and how should the access to these data be regulated? JOSEF DREXL is interested in the future regulation of the data economy and explores the question of how we can generate or enable markets to emerge that are built on the use of data. As he explains in this video, his research group suggests – based on their analysis of the workings of the market – that the concept of ownership is not needed in this context and that a targeted access to property rights should be introduced into the regulations.
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Field of Study
Business & Economics
Publisher
Latest Thinking
Copyright Message
Copyright © 2017 Latest Thinking
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How Can We Combine Loans into Balanced Loan Portfolios?
produced by Latest Thinking (Hamburg, Hamburg State: Latest Thinking, 2017), 12 mins
The paper presented in this video, from the field of financial mathematics, addresses the problem of building optimal loan portfolios and develops a novel computational method to do so even if with an infinite number of loans. The new tool was tested on a data-set of 120 million mortgage loans, and was able to sol...
Open Access
produced by Latest Thinking (Hamburg, Hamburg State: Latest Thinking, 2017), 12 mins
Description
The paper presented in this video, from the field of financial mathematics, addresses the problem of building optimal loan portfolios and develops a novel computational method to do so even if with an infinite number of loans. The new tool was tested on a data-set of 120 million mortgage loans, and was able to solve this high-dimensional problem. As KAY GIESECKE explains, the applied method is an asymptotic approximation approach: To solve the pr...
The paper presented in this video, from the field of financial mathematics, addresses the problem of building optimal loan portfolios and develops a novel computational method to do so even if with an infinite number of loans. The new tool was tested on a data-set of 120 million mortgage loans, and was able to solve this high-dimensional problem. As KAY GIESECKE explains, the applied method is an asymptotic approximation approach: To solve the problem at hand, the solution to a problem with fewer dimensions is computed, and as the portfolio grows larger again, the solution “grows” into the solution of the actual problem.
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Field of Study
Business & Economics
Content Type
Instructional material
Contributor
Kay Giesecke, fl. 2005, Latest Thinking
Date Published / Released
2017
Publisher
Latest Thinking
Topic / Theme
Financial investments, Loans
Copyright Message
Copyright © 2017 Latest Thinking
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How Can We Determine the Informational Efficiency of Global Equity Markets?
(Germany: Latest Thinking, 2019), 10 mins
Söhnke M. Bartram has been a Professor of Economics at the University of Warwick since 2011. Having held visiting professorships at London Business School, NYU Stern School of Business and at Paris Dauphine University, he previously worked in quantitative equities research at State Street Global Advisors where he...
Open Access
(Germany: Latest Thinking, 2019), 10 mins
Description
Söhnke M. Bartram has been a Professor of Economics at the University of Warwick since 2011. Having held visiting professorships at London Business School, NYU Stern School of Business and at Paris Dauphine University, he previously worked in quantitative equities research at State Street Global Advisors where he was also head of the London Advanced Research Center. Bartram’s main research interests include international financial markets and...
Söhnke M. Bartram has been a Professor of Economics at the University of Warwick since 2011. Having held visiting professorships at London Business School, NYU Stern School of Business and at Paris Dauphine University, he previously worked in quantitative equities research at State Street Global Advisors where he was also head of the London Advanced Research Center. Bartram’s main research interests include international financial markets and financial risk management. An editorial board member for Financial Review and the Journal of Banking and Finance, in 2017, Bartram (with Mark Grinblatt, UCLA) received the AAM-CAMRI-CFA Institute Prize in Asset Management.
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Field of Study
Business & Economics
Content Type
Instructional material
Date Published / Released
2019
Publisher
Latest Thinking
Speaker / Narrator
Söhnke Matthias Bartram, fl. 2005
Person Discussed
Söhnke Matthias Bartram, fl. 2005
Topic / Theme
Risk management, Trade and commerce, Stock market
Copyright Message
Copyright © 2019 Latest Thinking
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How Can We Eliminate Traffic Congestion in Urban Centers?
(Hamburg, Hamburg State: Latest Thinking), 7 mins
As well as resulting in frustration for drivers, traffic congestion leads to significant economic costs. In this video, PETER CRAMTON argues that a properly implemented road pricing system can enable us to eliminate traffic congestion in urban areas. The study explains that once road usage is accurately measured,...
Open Access
(Hamburg, Hamburg State: Latest Thinking), 7 mins
Description
As well as resulting in frustration for drivers, traffic congestion leads to significant economic costs. In this video, PETER CRAMTON argues that a properly implemented road pricing system can enable us to eliminate traffic congestion in urban areas. The study explains that once road usage is accurately measured, principles of market design can be used to develop and implement a highly efficient pricing system with benefits for all. Addressing co...
As well as resulting in frustration for drivers, traffic congestion leads to significant economic costs. In this video, PETER CRAMTON argues that a properly implemented road pricing system can enable us to eliminate traffic congestion in urban areas. The study explains that once road usage is accurately measured, principles of market design can be used to develop and implement a highly efficient pricing system with benefits for all. Addressing concerns around equity and privacy, Cramton’s work suggests that the large scale benefits of road pricing, enhanced both by the availability and diminishing cost of relevant technologies, make its introduction virtually inevitable.
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Field of Study
Business & Economics
Content Type
Instructional material
Publisher
Latest Thinking
Speaker / Narrator
Peter Cramton, 1957-
Person Discussed
Peter Cramton, 1957-
Topic / Theme
Economic conditions, Road conditions, Traffic violations
Copyright Message
Copyright © 2018 Latest Thinking
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How Can We Improve the Performance of Immigrants in the Labor Market?
(Latest Thinking, 2018), 10 mins
Immigrants typically perform much worse than natives in the labor market. Focusing on amendments to German citizenship law enacted since reunification, in this video, CHRISTINA GATHMANN examines the impact of those reforms on the integration of immigrants in the German labor market. The study finds that the German...
Open Access
(Latest Thinking, 2018), 10 mins
Description
Immigrants typically perform much worse than natives in the labor market. Focusing on amendments to German citizenship law enacted since reunification, in this video, CHRISTINA GATHMANN examines the impact of those reforms on the integration of immigrants in the German labor market. The study finds that the German liberalization of citizenship policy by shortening residency requirements improved both employment rates and wages for immigrants. Wit...
Immigrants typically perform much worse than natives in the labor market. Focusing on amendments to German citizenship law enacted since reunification, in this video, CHRISTINA GATHMANN examines the impact of those reforms on the integration of immigrants in the German labor market. The study finds that the German liberalization of citizenship policy by shortening residency requirements improved both employment rates and wages for immigrants. With particularly positive effects being identifiable for marginalized groups (women and those originating from poorer countries), the research has important implications for national and international debates on immigration, integration, and equality.
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Field of Study
Business & Economics
Content Type
Instructional material
Date Published / Released
2018
Publisher
Latest Thinking
Speaker / Narrator
Christina Gathmann, fl. 2003
Person Discussed
Christina Gathmann, fl. 2003
Topic / Theme
Citizenship, Labor force, Immigrant populations
Copyright Message
Copyright © 2018 Latest Thinking
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How Do International Organizations Put Together Their Budgets?
(Germany: Latest Thinking, 2017), 12 mins
International organizations, such as UNESCO or the EU, which were founded by nation states, rely on the proper planning of their budgets to maintain their infrastructure. KLAUS GOETZ has examined how these organizations put together their budgets. As he explains in this video, he and his co-researchers established...
Open Access
(Germany: Latest Thinking, 2017), 12 mins
Description
International organizations, such as UNESCO or the EU, which were founded by nation states, rely on the proper planning of their budgets to maintain their infrastructure. KLAUS GOETZ has examined how these organizations put together their budgets. As he explains in this video, he and his co-researchers established two main results after evaluating standing orders, public documents as well as internal documents, and after conducting interviews. Fi...
International organizations, such as UNESCO or the EU, which were founded by nation states, rely on the proper planning of their budgets to maintain their infrastructure. KLAUS GOETZ has examined how these organizations put together their budgets. As he explains in this video, he and his co-researchers established two main results after evaluating standing orders, public documents as well as internal documents, and after conducting interviews. First, contrary to common assumptions the bureaucratic approach to budgeting works well. The second finding, however, points to a change in the financial sources for many of the organizations. Their core budget is allocated by the founding nation states. This, however, has become less important as these organizations increasingly rely on funding they receive for special purposes and on money from private donors. Such donations tend to come with certain expectations and thus the character of these organizations is likely to change.
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Field of Study
Business & Economics
Date Published / Released
2017
Publisher
Latest Thinking
Copyright Message
Copyright © 2017 Latest Thinking
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How Does Gender Inequality Affect a Country’s Economic Performance?
(Latest Thinking, 2018), 9 mins
Public policy discussions have tended to assume that reducing gender inequality in areas including education, labor force participation and pay will automatically lead to improved economic performance. In this video, STEPHAN KLASEN reviews existing economics research in order to determine whether this assumption i...
Open Access
(Latest Thinking, 2018), 9 mins
Description
Public policy discussions have tended to assume that reducing gender inequality in areas including education, labor force participation and pay will automatically lead to improved economic performance. In this video, STEPHAN KLASEN reviews existing economics research in order to determine whether this assumption is robust. Examining theoretical models, accounting studies, cross-country regressions, and micro-level studies, Klasen finds that while...
Public policy discussions have tended to assume that reducing gender inequality in areas including education, labor force participation and pay will automatically lead to improved economic performance. In this video, STEPHAN KLASEN reviews existing economics research in order to determine whether this assumption is robust. Examining theoretical models, accounting studies, cross-country regressions, and micro-level studies, Klasen finds that while reducing gender gaps in education clearly has a positive impact on a country’s economic performance, much more work is required before we have a reliable understanding of the economic impact of reductions in other forms of gender inequality. With evident relevance to public policy debates, Klasen’s work draws attention to a considerable gap in knowledge that should occupy researchers for many years to come.
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Field of Study
Business & Economics
Content Type
Instructional material
Contributor
Stephan Johannes Klasen, 1966-2020
Date Published / Released
2018
Publisher
Latest Thinking
Speaker / Narrator
Stephan Johannes Klasen, 1966-2020
Person Discussed
Stephan Johannes Klasen, 1966-2020
Topic / Theme
Economic conditions, Gender relations
Copyright Message
Copyright © 2018 Latest Thinking
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How Does International Competition Affect the Power Distribution in Firms?
(Germany: Latest Thinking, 2017), 11 mins
In recent years, corporations have become more decentralized and decision-making power within the company has moved from the top level to lower levels of management. DALIA MARIN and her research team are interested in the question of how international trade has affected these changes in the organization of firms....
Open Access
(Germany: Latest Thinking, 2017), 11 mins
Description
In recent years, corporations have become more decentralized and decision-making power within the company has moved from the top level to lower levels of management. DALIA MARIN and her research team are interested in the question of how international trade has affected these changes in the organization of firms. As she explains in this video, they have used recent mathematical models of trade and have combined these with the theory of the firm....
In recent years, corporations have become more decentralized and decision-making power within the company has moved from the top level to lower levels of management. DALIA MARIN and her research team are interested in the question of how international trade has affected these changes in the organization of firms. As she explains in this video, they have used recent mathematical models of trade and have combined these with the theory of the firm. Then they tested this theory with empirical data collected in interviews in Austria and Germany. Their findings suggest that the level of international competition has an impact on whether firms choose centralized or decentralized power structures and changes in competition also tend to influence these structures. These insights allow new predictions on the future organization of international trade.
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Field of Study
Business & Economics
Content Type
Instructional material
Date Published / Released
2017
Publisher
Latest Thinking
Copyright Message
Copyright © 2017 Latest Thinking
×
