A multifractal decomposition according to rate of returns

2007 ◽  
Vol 280 (8) ◽  
pp. 888-896 ◽  
Author(s):  
Jihua Ma ◽  
Zhiying Wen
Keyword(s):  
Rate Of Returns ◽  
Multifractal Decomposition

Econometric Analysis of Returns to Education of Rural and Urban Labour Markets Workers in Tamil Nadu

2020 ◽  
pp. 336-344
Keyword(s):  
Wage Inequality ◽  
Tamil Nadu ◽  
Returns To Education ◽  
Labour Markets ◽  
Wage Distribution ◽  
Rural Market ◽  
Rural And Urban ◽  
Rate Of Returns ◽  
Education Groups ◽  
Quantile Regression Method

The objective of this study was to empirically evaluate the returns to education of rural and urban labour markets workers in Tamil Nadu using the IHDS data with appropriate Econometric models. First, the present study estimated the earning functions of the rural and urban market's workers by OLS technique and standard Mincerian earning functions. Secondly, the quantile regression method was also used to examine the evolution of wage inequality. The findings of the study showed that the effects of education and experience on the log of hourly wages were positive, and these coefficients were statistically significant. The returns to education increased with the level of education and differed among the workers of rural and urban labour markets. The results showed that the rates of returns to primary, middle and higher secondary were higher in the urban market, whereas those of secondary and graduation were higher in the rural market. The study revealed that the effect of education was not the same across the rural and urban wage distribution. The rate of returns differed considerably within education groups across different quantiles of the wage distribution.

Earnings and Investment Differentials Between Migrants and Natives: A Study of Female Street Vendors in Bengaluru City

2021 ◽  
pp. 097542532199031
Author(s):  
Channamma Kambara ◽  
Indrajit Bairagya
Keyword(s):  
Labour Market ◽  
Decomposition Method ◽  
Significant Contribution ◽  
Street Vendors ◽  
Significant Difference ◽  
The Difference ◽  
Rate Of Returns

This article explores whether there exists any difference in the earnings of self-employed migrant and native street vendors in a metro city, and if so, in what ways this difference is prominent. In order to accomplish the objective, we have collected data from women street vendors from Bengaluru city. The results depict that although there is no significant difference in the earnings between native and migrant street vendors, a significant difference exists in the size of investments made by them, that is, to earn the same amount of income, migrants need to invest more than natives. Moreover, the results, based on the Oaxaca–Blinder decomposition method, indicate that the pre-labour market endowment factors do not make a significant contribution to the overall difference in the rate of returns. The difference, instead, mainly exists because of the coefficient differences, which can be attributed to discrimination.

scholarly journals Comparison of the Financial Performance between Square Pharmaceuticals Limited and Beximco Pharmaceuticals Limited: DuPont Analysis

2019 ◽  
Vol 8 (2) ◽  
pp. 135-144
Author(s):  
Mohammad Jafaur Ahamed
Keyword(s):  
Sampling Method ◽  
Secondary Data ◽  
Annual Reports ◽  
Size Analysis ◽  
Financial Health ◽  
Financial Strength ◽  
Dupont Analysis ◽  
Equity Policy ◽  
Operational Activities ◽  
Rate Of Returns

The study attempts to make a comparison of financial strength between Square Pharmaceuticals Limited (SQPL) and Beximco Pharmaceuticals Limited (BXPL) by using the technique of DuPont analysis. Pharmaceuticals are selected here based on a purposive sampling method with the criteria of convenience in annual reports availability. The research is based on secondary data available in annual reports of FY 2018-19 of the selected companies. The study reveals that in comparison with BXPL, SQPL has been utilizing its owners’ funds more profitably, doing operational activities more efficiently, and earning enough returns for its owners. Beximco Pharmaceuticals Ltd. applies aggressive debt-equity policy, which does not magnify its earnings due to the lack of its sufficient rate of returns in comparison with interest burden, lack of core operational efficiency, and underutilization of resources. At the same time, leverage helps the SQPL to fuel the growth of the business. There is a good thing that the two companies have almost the same amount of tax burden ratio, although EBIT is highly differing between the companies. The study suggests that to achieve a high RoE, Beximco Pharmaceuticals Company must reduce its interest expenses, utilize its full capacities, and increase its assets turnover. Besides, both the pharmaceuticals are suggested to focus on the inflation-adjusted financial items in its annual reports. The study has operated only on DuPont analysis. Thus further research is recommended to conduct focusing on others such as common-size analysis, comparative analysis, trend analysis, and ratio analysis, etc. to investigate the financial health of pharmaceutical companies.  

Occupational Differences in the Return on Human Capital in the Spanish Travel Agency and Hospitality Industries

2011 ◽  
Vol 17 (6) ◽  
pp. 1325-1345 ◽  
Author(s):  
Alejandro García Pozo ◽  
Andrés J. Marchante Mera ◽  
José Luis Sánchez Ollero
Keyword(s):  
Human Capital ◽  
Relative Weight ◽  
Travel Agency ◽  
Rates Of Return ◽  
Services Sector ◽  
Occupational Differences ◽  
Rate Of Returns

This study analyses the returns on human capital in the Spanish hospitality and travel agency industries across seven occupational categories by gender. It is motivated by evidence that there is great variation between jobs in this sector and that estimations of the rate of returns for each component of human capital for the entire sector may not be accurate. The main results indicate that the rates of return on human capital are lower in these industries for most occupations than in the private services sector. Given that differences in the returns on human capital components across occupational categories are statistically significant and large, then the relative weight of each segment within the aggregate may explain the results obtained in previous studies.

Paginas Amarelas

2017 ◽  
pp. 1-26
Author(s):  
Robert F. Bruner ◽  
Mario Wanderley
Keyword(s):  
Risk Premium ◽  
Cash Flows ◽  
Capital Asset Pricing ◽  
Pricing Model ◽  
Capital Asset ◽  
Rates Of Return ◽  
Asset Pricing Model ◽  
Telephone Directory ◽  
Rate Of Returns ◽  
Student Discussion

This case serves as a foundation for student discussion of the estimation of required rates of return (ROR) on investments in emerging markets. An associate in J.P. Morgan's Latin America M&A department (mergers and acquisitions) is assigned the task of valuing the telephone directory operations (“paginas amarelas” means “yellow pages”) of a large Brazilian conglomerate. All cash flows have been converted to U.S. dollars, and present values computed for various discount rates. The remaining step is to determine the appropriate target rate of returns for dollar flows originating in Argentina, Brazil, and Chile. The capital asset pricing model (CAPM) is used along with a political risk premium and country beta. The necessary figure work is comparatively light, leaving the student time to reflect on the need for various adjustments in estimating crossborder rates of return.

Effectives of private equity and venture capital investments comparing with stock and bond market

2017 ◽  
Vol 18 (2) ◽  
pp. 57-70
Author(s):  
Piotr Zasępa
Keyword(s):  
Venture Capital ◽  
Private Equity ◽  
Flow Characteristics ◽  
Bond Market ◽  
Capital Investments ◽  
The Public ◽  
Public Market ◽  
Equivalent Method ◽  
Rate Of Returns ◽  
Venture Capital Investments

This paper examines approach and possibility of comparison of venture capital rate of returns with specific public benchmarks. Rate of return that are used by the public market analytics do not fit within venture capital cash flow characteristics. One of the methods that are presented in this article is Public Market Equivalent which enable simple comparison of venture capital rate of returns with effects of the public index or bond market for Bond Market Equivalent method.

scholarly journals Perancangan Sistem Penunjang Keputusan Investasi Daerah Berbasis Webgis di Provinsi Sumatera Barat (Studi Kasus Badan Koordinasi Penanaman Modal Provinsi Sumatera Barat)

2016 ◽  
Vol 14 (1) ◽  
pp. 156
Author(s):  
Difana Meilani ◽  
Ryan Amirulfiras
Keyword(s):  
Decision Support ◽  
Decision Support System ◽  
Support System ◽  
Net Present Value ◽  
Cost Ratio ◽  
Present Value ◽  
Benefit Cost Ratio ◽  
Regional Investment ◽  
Benefit Cost ◽  
Rate Of Returns

The implementation of decision support system will be applied to support the regional investment of West Sumatera by providing a feasibility study analysis; exclusively the aspects of economic and financial criteria. This research was carried out in West Sumatera Regional Investment Coordinating Board as the authorities of regional investment licensing and controlling. The first step in designing a decision support system is conducting Pre – Study. It consists of literature study and pre–design study related to field of study. Next step is using Unified Modeling Language (UML) method to provide, represent and visualize the system. The basic model of financial feasibility study is implemented by using the predetermined assumption as the scope of the best system performance. The system design which is implemented uses the Web and GIS concept. Otherwise, the expected result from the research is the application is able to calculate the basic data from financial feasibility aspect into needed information in order to analyze the feasibility of any investments. The result should be converted into Net Present Value, Benefit Cost Ratio, Internal Rate of Returns, and Payback Period value. The last step of the research is verification and validation in order to make sure the ability of application accommodating the pre -design system requirements. The result of verification and validation is able to accommodate the pre -designsystem requirements conclusively.Keywords: Feasibility, Financial, Investment, Decision Support System, GISAbstrakPerancangan Sistem Penujang Keputusan (SPK) ini dilakukan dalam upaya mendukung promosi investasi daerah dengan menyediakan sebuah aplikasi yang dapat membantu memberikan penilaian terhadap kelayakan sebuah investasi yang dilihat dari sisi ekonomi finansialnya. Penelitian ini di lakukan di BKPMP (Badan Kordinasi Penanaman Modal Provinsi Sumatera Barat) sebagai pihak berwenang dalam menentukan perizinan dan pengawasan investasi provinsi. Tahapan awal adalah dengan melakukan studi pendahuluan terhadap kajian bidang terkait. Tahap selanjutnya dengan menggunakan metode UML (Unified Modelling Language) yang memberikan gambaran visual dari sistem yang dirancang. Implementasi nyata dari sistem dengan menetapkan model dasar (modelbase) kelayakan finansial standar dengan beberapa asumsi sebagai ruang lingkup perancangan aplikasi. Perancangan aplikasi dilakukan dengan mengintegrasikan konsep Web dan GIS. Kemampuan aplikasi dalam menyediakan hasil pengolahan data-data dasar yang dibutuhkan pada sebuah kelayakan finansial dan mengkonversinya kedalam kriteria kelayakan investasi seperti Net Present Value, Benefit Cost Ratio, Internal Rate of Returns, dan Payback Period. Setelah dilakukan tahap perancangan aplikasi, maka dilakukan verifikasi dan validasi terhadap aplikasi yang dirancang. Hal ini ditujukan agar dapat dilihat apakah aplikasi telah mampu mengakomodasi setiap fungsi yang ada pada rancangan awal. Dari hasil verifikasi dan validasi telah dapat disimpulkan bahwa aplikasi ini dapat berjalan sesuai dengan harapan.Kata kunci: Kelayakan, Finansial, Investasi, Sistem Penunjang Keputusan, GIS

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