... we ask the following question: If we condition on the current term structure of interest rates, as well as on EDF credit measures, would the conditional distribution of future interest rates ... yield corresponds with a decline in yield spreads for each combination of maturity and credit rating The relationship is stronger for longermaturity and for lower quality bonds The relation between ... correlations in the convexity, and insignificant negative correlations in the change in slope for bonds with longer maturities, and insignificant positive correlations in the change in slope for bonds...
Ngày tải lên: 26/10/2012, 11:21
... Topical Theme (belonging to Experiential function), Interpersonal Theme (that of Interpersonal function), and Textual Theme (to fulfill Textual function) Notably, Theme-Rheme relationship is that ... Conjunctions are different from conjunctive adjuncts in that, while conjunctive adjuncts set up a semantic relationship with what precedes, conjunctions set up a relationship which is (not only ... in a discourse will contain only new information In speech, information units are realized phonologically by tone units (or tone groups) Many phonologists believe that each tone unit is made up...
Ngày tải lên: 22/12/2013, 12:59
Liquidity, Default, Taxes and Yields on Municipal Bonds docx
... municipal bonds were traditionally considered to be only second to U.S Treasuries in safety, defaults on municipal bonds since the late 1970s, along with other problems, have raised concern about ... same maturity date but traded at a discount A long position with two C/2 coupon bonds and a short with one C coupon bond will result in no coupon income and hence, no net tax liability prior ... holds for straight bonds, we delete bonds with embedded option features (i.e., bonds with call and sinking fund provisions) Due to the fact that the majority of municipal bonds are callable, this...
Ngày tải lên: 06/03/2014, 08:20
Báo cáo khoa học: Molecular basis of cytokine signalling – theme and variations docx
... minipig [48] (Fig 7) A functional, mechanically stable and vascularized new bone formed in situ within 8–12 weeks Spinal fusion, bone augmentations and the treatment of nonhealing fractures represent ... carrier alone formed a pseudarthose and the defect was filled with connective tissue (C) Explanted mandible bone shown in (B) (12 weeks postoperative) demonstrates complete reconstitution of the bone ... pegvisomant: a growth hormone antagonist Endokrynol Pol 58, 322–329 61 Livnah O, Stura EA, Johnson DL, Middleton SA, Mulcahy LS, Wrighton NC, Dower WJ, Jolliffe LK & Wilson IA (1996) Functional mimicry of...
Ngày tải lên: 15/03/2014, 09:20
SilverStripe 2.4 Module Extension, Themes, and Widgets Beginner''''s Guide potx
... Contents Controller 242 Implementation Adding client-side validation Default client-side validation Enhanced client-side validation Time for action – using jQuery's Validation plugin on the contact ... one? We could, but many developers consider it a good practise splitting the functionality into different parts, making it easier to navigate later on Sticking to this convention adds functionality ... localization to German (more on localization later on) .Full Full date but with abbreviated month: Jan 2010 InFuture / InPast / IsToday Long Relative time checks Returning true if the condition is...
Ngày tải lên: 23/03/2014, 14:20
An investigation into the system of theme and rheme in electronic news headlines the case of BBC news headlines = Cấu trúc đề thuyết trong tiêu đề báo điện tử -.PDF
... for interpretation The study is based on the theory of systemic functional grammar developed by Halliday, particularly on the notions of Theme-Rheme, within Theme-Rheme and on notions of transitivity ... relation to the general question of the function that theme performs in press headlines, one function of theme which is seen is the organisation of the message Importantly, it can be concluded ... results and discussion Conclusion: This part summarizes the analysis and discussion done in previous parts of the paper It also provides the limitations of the study and suggestions for further studies...
Ngày tải lên: 28/03/2015, 09:39
An Investigation into the System of Theme and Rheme in Electronic
... Systemic Linguistics Volume London: Pinter Publishers Halliday, M A K (1994) An Introduction to Functional Grammar Second Edition London: Edward Arnold Khodabandeh F (2011) A constrastive analysis of ... relation to the general question of the function that theme performs in press headlines, one function of theme which is seen is the organisation of the message Importantly, it can be concluded ... for interpretation The study is based on the theory of systemic functional grammar developed by Halliday, particularly on the notions of Theme-Rheme, within ThemeRheme and on notions of transitivity...
Ngày tải lên: 10/08/2015, 19:49
Configuring an IP Address and Default Gateway in Windows 2000
... Properties This will display the Network and Dial-Up Connections window Right-click Local Area Connection and then select Properties The Local Area Connection properties dialog box appears Click TCP/IP, ... Click OK to close the Local Area Connection Properties dialog box Minimize the Network And Dial-Up Connections window Step 3: To test the static TCP/IP configuration Open the Command Prompt Select ... type “ipconfig /all” and then press Enter This will display the TCP/IP information configured on the physical and logical adapters in the computer Record the current TCP/IP configuration settings...
Ngày tải lên: 23/10/2013, 01:15
Tài liệu Lab 7.3.6 Default Routing with RIP and IGRP docx
... continuing Step Configure the hostname and passwords on the routers a On the routers, enter the global configuration mode and configure the hostname as shown in the chart Then configure the console, ... With RIP removed from each router’s configuration, configure IGRP on all three routers using AS 24, as shown: Mobile(config)#router igrp 24 Mobile(config-router)#network 192.168.1.0 Mobile(config-router)#network ... sure to copy the running-config to the startup-config on each router so the configuration will not be lost if the router is power recycled Step Configure the hosts with the proper IP address,...
Ngày tải lên: 21/12/2013, 19:15
Tài liệu Configuring Default Routing with RIP and IGRP pptx
... router’s configuration, configure IGRP on all three routers using AS 24, as shown: SanJose1(config)#router igrp 24 SanJose1(config-router)#network 192.168.1.0 Vista(config)#router igrp 24 Vista(config-router)#network ... default information in IGRP On SanJose2, issue the following commands: SanJose2(config)#router igrp 24 SanJose2(config-router)#network 172.16.0.0 SanJose2(config-router)#exit SanJose2(config)#ip default-network ... originate command (Depending on your IOS version, you might not have needed to that.) The default-information originate command is not available in an IGRP configuration Thus, you must use a different...
Ngày tải lên: 24/01/2014, 19:20
Tài liệu Default and the Maturity Structure in Sovereign Bonds∗ docx
... framework with bonds that have empirically relevant duration Bonds in our model are perpetuity contracts with non-state-contingent coupon payments that decay at different rates Bonds with payments ... the bond A zero-coupon bond has duration equal to the number of years until its maturity date, but a coupon-paying bond maturing on the same date has shorter duration We consider duration as ... support and transition function f (y , y) The economy trades two bonds of different duration with international lenders Financial contracts are unenforceable: the economy can default on its debt at any...
Ngày tải lên: 16/02/2014, 02:20
Tài liệu THE RELATIONSHIP BETWEEN CREDIT DEFAULT SWAP SPREADS, BOND YIELDS, AND CREDIT RATING ANNOUNCEMENTS ppt
... or reorganization Cross sectional variation in stock market reaction is documented by Goh and Ederington (1999) who find a stronger negative reaction to downgrades to and within non-investment ... conclusions on the benchmark risk-free rate used in the credit derivatives market Section III presents our empirical tests on credit rating announcements Conclusions are in Section IV Occasionally ... rating event The test in Section IIIA considers the adjusted spread change conditional on a rating event Here we consider the probability of a rating event conditional on the adjusted spread change...
Ngày tải lên: 16/02/2014, 03:20
Credit Default Swaps Calibration and Option Pricing with the SSRD Stochastic Intensity and Interest-Rate Model pot
... coupon bond prices in a CIR++ model with short term interest rate λ, for maturity Ta on bonds maturing at u Thus, each term in the summation is h(u) times a zero-coupon bond like call ∗ option with ... through Jamshidian’s decomposition, coupon-bearing bond options and swaptions, can be derived We can therefore consider the CIR++ model, consisting of our extension (4), and calculate the analytical ... prices as a function of ρ with MC simulation under the SSRD correlated model We will see that in all cases even high correlations between r and λ induce a small effect on the particular functional forms...
Ngày tải lên: 06/03/2014, 04:21
Báo cáo khoa học: Calcium, mitochondria and oxidative stress in neuronal pathology Novel aspects of an enduring theme pdf
... of contribution of KGDHC and other enzymes to overall ROS production in mitochondria, as this is prone to be condition-dependent (e.g choice of substrate), in addition to heavily reliant on non-Krebs ... component that could act as an electron donor for superoxide formation [52] KGDHC is activated by low concentrations of Ca2+ and matrix ADP [53–56] Considering that KGDHC-mediated ROS production ... attention However, in light of recent results on the substantial contribution of matrix enzymes (especially KGDHC) on ROS generation, we believe that in addition to the respiratory chain, the components...
Ngày tải lên: 07/03/2014, 12:20
Key Information on Target Date Funds as Default Investments Should Be Provided to Plan Sponsors and Participants pdf
... a TDF’s Fund-of-Funds Structure Domestic large cap fund U.S government bond fund Target date funds Domestic small cap fund Equity component Developed international fund Emerging market fund Fixed ... QDIA, the default contribution rate, as well as any automatic contribution escalation policy, could have a significant effect on contribution rates to TDFs Discussions with plan sponsors indicated ... indexes with only a modest degree of additional risk 19 In contrast, one TDF manager and one plan sponsor with a customized fund said they are skeptical of active management, and rely primarily on...
Ngày tải lên: 16/03/2014, 14:21
Measurement, Monitoring, and Forecasting of Consumer Credit Default Risk – An Indicator Approach Based on Individual Payment Histories doc
... condition the distribution of each indicator on the default or non-default event The separation of the two conditional, group-specific distributions shows how well the indicators perform in monitoring ... default/non-default - Consolidation of internal data and external information - Construction and estimation of a statistical credit scoring model - Determination of cut-off value(s) on the default ... decision rules - Refusal/conclusion of contract - Risk-based adjustment of payment terms - Evaluation and calibration Back-testing of obtained credit scoring system (credit score, classification,...
Ngày tải lên: 29/03/2014, 03:21
Fiscal policy, default and emerging market business cycles
... models above focus on government consumption only, with a fiscal authority providing useful public consumption through distortionary taxation and borrowing The point of interest on the expenditure ... envelope condition to substitute the derivative of the value function that appears in government’s first order condition 10 Even though the value function of the problem is not concave and non-differentiable ... is the only agent with the ability to trade assets in international markets State contingent borrowing is not available and government can only trade one period, zero-coupon, non state-contingent...
Ngày tải lên: 01/06/2014, 14:00