an empirical analysis for the kansai area in japan

... a simple theoretica model integrating the government budget constraint and debt financing, they find that an increase in productive government expenditure, financed out of a rise in the tax rate, ... evidence in this analysis, showing that the debt turning points for the first two channels (private saving and public investment) seem to be much below the range of 90-100% A possible explanation for ... private and public investment) In addition to the lagged private saving ratio and the debt variable, the other control variables are the main determinants of saving usually employed in the literature...

Ngày tải lên: 23/03/2014, 20:20

... it affects granting and pricing of loans to firms and households The price of bank loans is a key factor in determining final demand and consequently inflation in an economy (Kwapil and Scharler, ... solvency and also the conditions for access to credit These aspects may affect the use of the interbank market and the formation of interbank interest rates, limiting and, in some cases, blocking the ... bank rate during the financial crisis than during the “normal” period This demonstrates a further reduction in the bargaining power of banks in setting retail rates for loans to larger firms These...

Ngày tải lên: 22/03/2014, 23:20

... conducted by the Bank of England, the Fed, and the Bank of Japan as well But the scope for expansive policy has become limited in most advanced economies As the upswing in Asia and Latin America ... percentage point in Germany (to 6.9% in July), and increased by more than one percentage point in Spain (20.3%) Strong regional divergences will continue for the rest of the year and during 2011 The high ... short-term forecasts of the main macroeconomic and financial variables, policy advice, and in- depth study of topics of particular relevance for the working of the European Economic and Monetary Union The...

Ngày tải lên: 31/03/2014, 07:20

... recovering In the US and in the Eurpean Union, production started expanding in the third quarter; in Japan it did already so in the second The Japanese export industries benefit from the surge ... the will and the means for con5 tinuing an expansive policy In the advanced countries, however, an upswing is not in sight The dampening factors here relate to the fact that the global imbalances ... around France and Germany Other countries, mainly in the south, lag behind In this region, the housing sector is in recession or (in Spain) in a deep crisis, and public finances are in precarious...

Ngày tải lên: 31/03/2014, 08:20

... Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without ... permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without ... permission Reproduced with permission of the copyright owner Further reproduction prohibited without permission Reproduced with permission of the copyright owner Further reproduction prohibited without...

Ngày tải lên: 03/06/2014, 00:50

... of the four restructuring categories is included in the theoretical framework for the empirical analysis, and the rationales for restructuring actions within single categories are detailed in the ... Compare for the following VENKATRAMAN/RAMANUJAM (1986, pp 803-804), who differentiates three domains for performance measurement: financial performance, business performance, and organizational ... unambiguous, the terms ‘financial distress’, ‘corporate turnaround’ and ‘corporate restructuring’ are defined in CHAPTER 3.1 CHAPTER 3.2 integrates existing theory and empirical findings into the theoretical...

Ngày tải lên: 01/11/2014, 16:33

... knowledge and understanding of financial statements and other financial information issued by the company The existence of an audit committee can be perceived as indicating higher quality monitoring and ... are either managers or important decision agents in other corporations The value of their human capital depends primarily on their performance as internal decision managers in other organizations ... Strengthening The Professionalism of the IndependentAuditor contain recommendations calling for changes in board composition to enhance the board's independence for purposes of minimizing occurrences...

Ngày tải lên: 02/01/2015, 17:34

... mean uncertainty and changes in innovation can result in risk-taking for a company Enterprises can face risks when they innovation projects, and they may suffer the failure However, risk-taking ... ECONOMICS AND MANAGEMENT OF ENTERPRISES four parts including general information, determinant of innovation activities and innovative performance These indicators are measured by the 5-point Likert ... exEnvironmental changes plained 48.5% of the variance in product innovation In the next Environmental changes define the radicalism required for three models (Models 2; 3; 4), seven determinants of innovanew...

Ngày tải lên: 16/12/2017, 01:21

... especiallystrongsoutherlyflow in springand the cold water it bringswith it reachesthe seaareanearInubosaki c Ocean CurrentsIn Japan Sea In the JapanSea,there are the TsushimaOceanCurrent,which flows northeastward ... scatteredin the sea area southeastof Kamchatkaand in the offins far east of Sanriku Summer In Japanese waters ,the meanwind velocityis to 13 kn andthe meanwaveheightis 0.8 to 1.5metres.This is the ... highest intensity in the rightrear section of the quadrant and the lowest intensity in the left fore section according to the direction of the typhoon This phenomenon can be interpreted by combining...

Ngày tải lên: 03/05/2016, 21:08

... that the degree of availability of direct finance changes the composition of bank borrowers Direct financing is usually less expensive than intermediate financing and therefore loan applicants ... more uniform than those on the remaining deposits; lending interest rates for non-financial corporations are more uniform than for households; and for large loans (i.e loans of more than €1 million) ... the decrease in the policy rates set by the ECB Between January 2003 and March 2005, the interest rate on the main refinancing operations was reduced by 75 basis points in all The (minimum) interest...

Ngày tải lên: 29/03/2014, 13:20

... specialinstitutionoutsidethe banking company) Also, when loans are set in nominal system (for instance ,an asset management terms, inflationreducesthe value of real bank debt outstanding Sinceinflationis high followinga ... participantsto thejoint BankFund seminar We wish to thankCarlosArteta and Anqing Shi for excellentresearch assistance -2 - I Introduction Withthe proliferationof bankingproblemsaroundthe world, in the ... governmentsecuritieswhereavailable,and a centralbank rate otherwise .The real rate is obtainedby subtractinginflation.This interestrate is higher in the year of the crisis and in the followingyear, and lower thereafter,but these...

Ngày tải lên: 15/03/2014, 14:20

... Inflation? An Empirical Analysis Introduction and Motivation The issue of whether central banks’ finances affect their policy performance has been relevant for the Czech National Bank, as well as for ... Proxies for Central Bank Financial Strength and Data Description 3.1 Measures of Central Bank Financial Strength The empirical analysis of the link between central bank finances and inflation ... banks are included in the sample The criteria used for partitioning the data are inflation, the financial indicators themselves and central bank independence These robustness checks follow the...

Ngày tải lên: 29/03/2014, 07:20

... by the information server Also, the WAP Gateway performs as an interpreter between a mobile device and a web server which interprets and translates the information to help the server and the ... 1989) The effect of the PU on intention to use (IU) has been validated in many existing studies (Luarn and Lin, 2005; Lin and Wang, 2005; Guriting and Ndubisi, 2006) For instance, Wong and Hiew ... or tablet There are two most common modes used to deliver mobile banking are WAP banking and SMS banking The earliest mobile banking services were SMS banking Banks provide SMS banking services...

Ngày tải lên: 11/05/2017, 10:06

... of there in these cases is anaphoric and locative; it refers to in the old streets in Hanoi” in the first example, in the party” in the second Considering its meaning and function, there in the ... accompanied with too in one sentence as in the second example because too is a word that expresses an addition in meaning The main reason for these errors lies in the differences in meaning of these ... Diep Quang Ban (1999:190), can be used as cohesive devices to inform an addition in meaning in Vietnamese Consequently, however and on the other hand are applied with Vietnamese meaning in the above...

Ngày tải lên: 07/11/2012, 14:12

... different turning points In columns and 5, the minimum for contributions is around age 45 (near the mean for this group), while in columns and 6, the minimum is around age 20 (younger than almost ... or the heroism of leftist Presidential candidates in major political films of the 1990s, including The Distinguished Gentleman, The American President, and Dave (Scott, 2000) On the other hand, ... Arquette Rosanna Arquette Sean Astin Rowan Atkinson Charlotte Ayanna Dan Aykroyd Hank Azaria Kevin Bacon Simon Baker Alec Baldwin William Baldwin Christian Bale Fairuza Balk Eric Bana Antonio Banderas...

Ngày tải lên: 19/02/2014, 10:20

... 2-aminomuconate deaminases [6,8,27] or to any other sequences available in FASTA and BLAST database programs at the DNA Data Bank of Japan Recently, we reported the cloning and sequencing of the ... released ammonia The coupled enzyme assay revealed the mechanism of the deamination reaction and the subsequent metabolism, including the deamination step The product formed from 4-amino-3-hydroxybenzoic ... 2-Aminomuconic acid was synthesized by the methods of He and Spain [5] 2-Hydroxymuconic 6-semialdehyde was prepared by incubating catechol with resting cells of a mutant, strain Y-2, of the aniline-assimilating...

Ngày tải lên: 19/02/2014, 16:20

... information quantity than the one that has brother relation or mixed parent and brother relation to the current node (such as the parent's brother node) 5.3 The analysis to the predictive information ... first left brother of the parent 0.2505 1.5603 0.6145 5.2 The analysis to the influence of the structural relation and the structural distance to the predictive information quantities of the history ... to find out what influence the exact headword information, the heuristic information of headword and modifier, and the physical position information have respectively to the predictive information...

Ngày tải lên: 20/02/2014, 18:20

... - -) and mutant neuroserpin The proteins were added to increasing concentrations of urea, and the change in fluorescence profile was followed by exciting the protein at 295 nm and measuring the ... profile for wildtype neuroserpin was comparable to that obtained for other serpins, including a1-antitrypsin and a1-antichymotrypsin [19,20] In comparison, the spectrum of Ser52Arg neuroserpin shows ... unusual for a serpin that spontaneously forms polymers in vitro and in vivo [19] The polymers of mutant neuroserpin that form in FENIB are analogous to polymers that form with mutants of other members...

Ngày tải lên: 07/03/2014, 16:20

... countries both in the substantive law relating to the patentability of biotechnology inventions and in the procedural law prescribing the mechanisms for obtaining and maintaining patents The key features ... being enforced in Australia and the quantum of in- licensing; the general terms and conditions contained in licences entered into by the Australian industry for the purposes of obtaining access to ... mutant BRCA gene sequences and their use in diagnosis and prognosis of breast, ovarian and other cancers, therapies and drugs The patents include claims to a whole range of methods for identifying,...

Ngày tải lên: 13/03/2014, 21:54