Results 11 to 20 of about 140,611 (264)
The diversification of inequality [PDF]
AbstractWe examine intersectionality on the basis of increasingly complex interactions between gender and ethnic groups, which we argue derive from the growing diversity of these groups. While we critique the concept of superdiversity, we suggest that increased diversity leads to a ‘diversification of inequality’. This is characterised by an increasing
Malcolm Brynin +2 more
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Microfinance and Diversification
The bulk of the world's extreme poor work in subsistence agriculture. Diversification out of this activity is often seen as the sine qua non of economic development. We evaluate whether the roll‐out of a mainstay development intervention—microfinance—into poor, agricultural and largely unbanked populations in rural Uganda helps borrowers to diversify ...
Bandiera, Oriana +6 more
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Finance and Diversification [PDF]
We study how financial market efficiency affects a measure of diversification of output across industrial sectors borrowed from the portfolio allocation literature. Using data on sector-level value added for a wide cross section of countries and for various levels of disaggregation, we construct a benchmark measure of diversification as the set of ...
Manganelli, Simone, Popov, Alexander
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Technological Diversification [PDF]
Economies at early stages of development are frequently shaken by large changes in growth rates, whereas advanced economies tend to experience relatively stable growth rates. To explain this pattern, we propose a model of technological diversification.
Koren, Miklós, Tenreyro, Silvana
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Normalized Diversification [PDF]
12 pages, 9 figures, to appear in CVPR ...
Shaohui Liu +3 more
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Diversification and Development [PDF]
his paper explores the relationship between output volatility and economic development. We develop a methodology to assess countries' extent of sectoral diversification. The productive structure of a country tends to be risky when the country i) specializes in highly volatile sectors, ii) has high sectoral concentration, and/or iii) specializes in ...
Miklos Koren, Silvana Tenreyro
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Does Diversification Cause the 'Diversification Discount'? [PDF]
This paper examines whether the discount of diversified firms can actually be attributed to diversification itself, using recent econometric developments about causal inference with non-experimental data. The effect of diversification on firm value is unbiasedly estimated by matching diversified and single-segment firms on the propensity score??the ...
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Trends in the Diversification of the Detergentome
AbstractDetergents are amphiphilic molecules that serve as enabling steps for today's world applications. The increasing diversity of the detergentome is key to applications enabled by detergent science. Regardless of the application, the optimal design of detergents is determined empirically, which leads to failed preparations, and raising costs.
Virginia Wycisk +2 more
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As financial instruments grow in complexity, more and more information is neglected by risk optimization practices. This brings down a curtain of opacity on the origination of risk, which has been one of the main culprits in the 2007–2008 global financial crisis.
Bardoscia, Marco +3 more
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Diversification Quotients: Quantifying Diversification via Risk Measures
We establish the first axiomatic theory for diversification indices using six intuitive axioms: nonnegativity, location invariance, scale invariance, rationality, normalization, and continuity. The unique class of indices satisfying these axioms, called the diversification quotients (DQs), are defined based on a parametric family of risk measures.
Xia Han, Liyuan Lin, Ruodu Wang
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