... and loans (L) determined by the investor into foreign currency denominated deposits and loans (d∗ , l∗ ) and local currency denominated deposits and loans (d, l) to maximize expected return and ... i’s foreign currency deposit andloan rates and i ∗ ∗ di and li are the demand for bank i’s foreign currency deposits and loans ∗ ∗ Rd and Rl are the respective interest rate indexes 2.3 Banks ... move The direction of the movements ofloanand deposit dollarization andofinterest rate differentials as φ and F change are very robust across different parameterizations of the model Movements...
... is 50 and the standard deviation is 10 We used version of the SF-12 and a standard (4-week) recall period Description of Health States Each subject was given a brief description of PsA and SSc ... avocational activities and activities of daily living, and because the purpose of the project was to assess health values from the societal perspective (that is, from people by -and- large not familiar ... University of Cincinnati and local grocery stores, and advertisements in local newspapers Because patients with inflammatory arthritides suffer symptoms of joint pain and swelling and have difficulty...
... Characterization of pure 4BS phases obtained by grinding of PbO and PbSO4 or PbO and PbOPPbSO4 mixtures with a PbOrPbSO4 ratio equal to 5: Ža XRD pattern of the sample prepared from dry powders ŽPbO and PbSO4 ... were commercial STREM PbO Žmixtures of a- and b-PbO., commercial PROLABO lead sulfate, and pure PbO P PbSO4 prepared by reaction of 5.62 g PbO with 3.01 g H SO4 and 172 g H O at room temperature ... of finely divided and reactive ground precursors to prepare both 3BS and 4BS powders In this paper will be discussed: Ži the new synthesis route for 3BS and 4BS phases and the morphological and...
... A: Induction of monocyte chemotactic proteins MCP-1 and MCP-2 in human fibroblasts and leukocytes by cytokines and cytokine inducers Chemical synthesis of MCP-2 and development of a specific ... potent inducers of several other chemokines such as the main CXCR1 and CXCR2 ligand CXCL8 IL-1β, TNF-α and IFNs are often coproduced during inflammation The ability of combinations Page of 14 (page ... and CXCL10 in synovial fluid of arthritis patients (a) CXCL8 and CXCL10 in synovialfluid of arthritis patients CXCL10 and (b) CXCL8 concentrations were measured by ELISAs in synovial fluids of...
... cells and plasmablasts by means of CD19 and CD27 staining, we detected similar percentages of these subsets in the two groups of individuals (Figure 1) Higher frequency of activated naïve and memory ... College of Rheumatology criteria for RA [19] All of the patients were women, with a mean ± standard deviation (SD) age of 52.8 ± 10.5 years and disease duration of 16.3 ± years at study entry All of ... in the conception and design of the study and in the interpretation of data and helped to draft the manuscript All authors read and approved the final manuscript Competing interests The authors...
... Comparison of CECs and EPCs levels between healthy controls and patients affected by SSc with and without ulcers were performed by T-test and Pearson test Correlations between CECs and EPCs number ... Materials and methods Patients and controls We enrolled 50 patients affected by SSc: 37 without skin ulcers and 13 with digital ulcers; 18 patients were affected by the diffuse cutaneous form and 32 by ... accurate detection and enumeration of rare events in flow cytometry are the number of events acquired and the signal to noise ratio Collection of a large number of events is mandatory to identify...
... Strength of Recommendations and Quality of the Evidence Strength of Recommendation and Quality of Evidence Clarity of Balance Between Desirable and Undesirable Effects Methodological Quality of Supporting ... (4 of studies), and unspecified method of randomization (4 of studies) [155] Proper selection of patients benefiting from prophylaxis could reduce the incidence of infection and save drug costs and ... study reported termination of an epidemic of furunculosis in a village by use of mupirocin, antibacterial hand cleanser, and daily washing of towels, sheets, combs, and razors [33] A recent study...
... According to By means ofBy way ofBy dint ofBy reason ofBy virtue of In case of In front of In relation to In charge of In view of In need of In spite of In quest of In favor of In place of In common ... common with, in line with, etc • By + Noun + of: by means of, by way of, by virtue of, by dint of, etc • On + Noun + of: on account of, on behalf of, on top of, on pain of, etc • Other types: at variance ... case of, in charge of, in view of, in need of, in spite of, in front of, in lieu of, in favor of, in place of, in face of, in aid of, in quest of, in respect of, in search of, in consequence of, ...
... better off by following the BIC or HQC In this paper the choice of the leading term and the order of the polynomials will be guided by Monte Carlo studies of Andersen, Chung and Sørensen (1997) and ... Kalman filter-based techniques of Fridman and Harris (1997) and Sandmann and Koopman (1997), Bayesian MCMC methods of Jacquier, Polson and Rossi (1994) and Kim, Shephard and Chib (1998), Simulated ... Likelihood (QML) by Harvey, Ruiz and Shephard (1994), the Monte Carlo Maximum Likelihood by Sandmann and Koopman (1997), the Generalized Method of Moments (GMM) technique by Andersen and Sørensen...
... way of grouping, students’ level of proficiency, and so on It is hoped that this thesis will help other teachers of English be aware of the usefulness of pair work and group work techniques and ... the advantages of pair work and group work techniques in teaching and learning English and it can help other teachers of English be aware of these advantages and apply pair work and group work ... opinion on pair work and group work What you think of pair work and group work activities? 22 Number of Opinions on pair work and group work Percent (%) a A It is noisy and a waste of time b B Students...
... Unit Bank of England Email: alina.barnett@bankofengland.co.uk (2) Centre for Central Banking Studies Bank of England Email: haroon.mumtaz@bankofengland.co.uk (3) Monetary Assessment and Strategy ... Division Bank of England Email: konstantinos.theodoridis@bankofengland.co.uk The views expressed in this paper are those of the authors, and not necessarily those of the Bank of England The authors ... the evolving dynamics of US inflation is a often cited example of this literature In particular, Cogley and Sargent (2002), Cogley and Sargent (2005) and Cogley, Primiceri and Sargent (2008) use...
... Cottarelli and Kourelis, 1994, and Borio and Fritz 1995) Recent cross-country studies by Donnay and Degryse (2001), Toolsema et al (2001) Heinemann and Schüller (2002) and Sander and Kleimeier (2002 and ... Hofmann (2003) ST LT Sander and ST Kleimeier (2004) LT Consumer loans Heinemann and ST 60 Schüller (2002) LT2) 100 Kleimeier and ST 15 Sander (2002) LT 85 Angeloni and ST Ehrmann (2003) LT Sander ... LT 74 Sander and ST -18 Kleimeier (2002) LT 22 Angeloni and ST Ehrmann (2003) LT Hofmann (2003) ST LT Sander and ST Kleimeier (2004) LT Long-term loans to firms Mojon (2000) ST LT Donnay and ST...
... characteristics and the macro environment, we provide an economic analysis of the determinants of the interestand profitability variables, net interest margin, and before tax profit/ta This empirical ... and explicit taxes play in raising spreads and goes on to discuss some of the determinants of bank cost and profits, such as inflation, scale economies, and market structure Using aggregate interest ... accounting breakdown of the net interest income into its four components: overhead minus non -interest income, taxes, loan loss provisioning, and net profits, all divided by net 10 interest income...
... xi and xj are interest rates composed of y and r and stated this way in (7) for simplicity, and σij is the covariance among all interest- rate changes of assets, dy, and liabilities, dr To expand ... administrative cost of loans, and mean-preserving increases in credit risk and interest- rate risk have positive effects on the bank spread Both the dealer and cost -of- goods models of net interest margins ... best consider the interest- rate sensitivity of net interest margin, we consider the net interest margin as a function ofinterest rates on assets and liabilities and the shares of each as a ratio...
... benefits of financial liberalization in the Asia-Pacific, an understanding of retail rate rigidities after liberalization is clearly ofinterest I Retail interest rates in Singapore and Malaysia ... liberalization and repression ofinterest rates have played a very important role in the economic growth of the Pacific Rim economies Given the importance ascribed by the World Bank to the problems and ... to test hypotheses of short-run behavior Equations of the form of (5) and (9) are reported in Tables and These results are used to derive the mean adjustment lags (6), (10) and (11) which are...
... Cottarelli and Kourelis, 1994, and Borio and Fritz 1995) Recent cross-country studies by Donnay and Degryse (2001), Toolsema et al (2001) Heinemann and Schüller (2002) and Sander and Kleimeier (2002 and ... Hofmann (2003) ST LT Sander and ST Kleimeier (2004) LT Consumer loans Heinemann and ST 60 Schüller (2002) LT2) 100 Kleimeier and ST 15 Sander (2002) LT 85 Angeloni and ST Ehrmann (2003) LT Sander ... LT 74 Sander and ST -18 Kleimeier (2002) LT 22 Angeloni and ST Ehrmann (2003) LT Hofmann (2003) ST LT Sander and ST Kleimeier (2004) LT Long-term loans to firms Mojon (2000) ST LT Donnay and ST...
... cash-in-advance structure used by Lucas and Stokey (1987) first andby many studies since and a segmented market structure adapted from the work of Occhino (2000) and Alvarez, Atkeson, and Kehoe (forthcoming) ... policies in terms ofinterest rates, we examine the question of whether money andinterest rates have the same relationship when central banks formulate monetary policy in terms of an interest rate ... supply changes andinterest rate changes Economic theory offers two seemingly contradictory views of this relationship One view, which follows from the interaction of money demand and supply, is...
... the United States by Kohn and Sack (2003), and for Australia by Campbell and Lewis (1998) In this paper we apply a framework similar to that suggested by Kohn and Sack to a panel of economies (Australia, ... A: Data Interest rates andinterest rate futures: Table A1 below lists for each of the six economies the source of the eight 90-day interest rate futures, the policy rate and the 30-day interest ... preliminary empirical evidence of the link between news andinterest rate futures, followed by the estimation of a full-scale model in Section Section concludes News andInterest Rate Expectations:...
... quality ofloan portfolios and institutional constraints The downward trend of the price of loans and the narrowing ofinterest rate spreads in recent years indicate a gradual elimination of the ... of the global economic crisis Banks’ profitability and efficiency are often considered as the main factors that determine interest rates andinterest rate spreads The continuous trend of expanding ... coverage of operating costs by banks’ net -interest income declined by 1.6 percentage points, and, in the first half of 2009, by 9.2 points more This probably reflects a worsening of the efficiency of...