The importance of the concepts. Revenues, collections and profit and loss

31 May, 202122 December, 2022 by Javier Parra

Javier Parra

294

It is common in today's business environment to find different discussions about the importance of the concepts of revenues, receipts and their relationship to profit and loss. At the same time, it is essential to work rigorously with these terms. The determination in the treatment of these terms will enable…

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Richard Stone, winner of the 1984 Nobel Prize in Economics

27 May, 202130 June, 2021 by Javier Parra

Javier Parra

356

On 18 October 1984, the Royal Swedish Academy of Sciences awarded the London economist Richard Stone the Nobel Prize in Economics for "work of fundamental importance for the development of national accounting systems, which has radically improved the basis of empirical economic analysis". He was born on 30 August 1931…

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Gérard Debreu, winner of the 1983 Nobel Prize in Economics

20 May, 202130 June, 2021 by Javier Parra

Javier Parra

275

The economist Gérard Debreu was awarded the 1983 Nobel Prize in Economics for his work "introducing new analysis methods in economic theory and for a rigorous reformulation of the theory of general equilibrium". This brilliant economist was born in Calais on 4 July 1921, and it was in Calais that…

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Decentralisation of human resources in times of digital transformation

26 April, 202121 December, 2022 by Javier Parra

Javier Parra

220

To talk about the decentralisation of human resources in times of digital transformation is necessary to talk about digital transformation. If we talk about digital transformation, we are specifically about incorporating technologies into specific jobs. It is through the use of these technologies that opportunities arise in developed markets for…

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Importance of regulatory sandboxes in the financial landscape

29 March, 202121 December, 2022 by Javier Parra

Javier Parra

216

In the current environment in which we are immersed, finance and the evolution of finance continue to play a significant role. Financial services are increasingly being provided with a more effective technological component, attracting the attention of financial and supervisory authorities worldwide. The continuous regulatory capacity posed by FinTech and…

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Syndemics and the economy

22 February, 202121 December, 2022 by Javier Parra

Javier Parra

231

Beyond pandemics, such as syndemics and economics, different authors further elaborate on the term by calling it syndemics. One of the first to conceive of the term was Merril Singer, an American medical anthropologist, who argued that the focus of the new term includes biological and social interactions and that…

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Statistical and graphical analysis: univariate analysis

18 February, 202123 April, 2021 by Javier Parra

Javier Parra

426

When we talk about univariate analysis, we will normally find elements such as: Histograms.Percentiles: The percentile (or centile) is the value of the variable below which a certain percentage of observations fall; for example, the 20th percentile is the value (or score) below which 20 per cent of the observations…

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Introduction to econometrics. Economic modelling

15 February, 202123 April, 2021 by Javier Parra

Javier Parra

365

Before talking about economic modelling, it is necessary to understand what an econometric model is. Econometrics cannot explain perfectly the phenomena that occur in simple words. The best we can do is to use models, i.e. simplified representations of real phenomena. Economic modelling Where ω is the (logarithmic) wage, x…

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Introduction to econometrics. Essential mathematics and statistics

11 February, 202123 April, 2021 by Javier Parra

Javier Parra

499

To talk about an introduction to econometrics, it is necessary to establish the mathematical and statistical foundations to understand it. Starting from the summation: Econometric summation The symbol Σ is the Greek capital letter sigma and means "the sum of".The letter i is called the summation index; this letter is arbitrary and…

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The preparation of a manuscript for international indexed journals. Basic aspects III

25 January, 202121 December, 2022 by Javier Parra

Javier Parra

252

To conclude these entries aimed at preparing a paper for indexed journals, I will focus on developing the parts that make up the body of the article. First of all, the introduction should comply with the following rules: First, state the nature and scope of the problem under investigation as…

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