scheme by gabriel a gimenez roche

... characteristics of bank demand deposits, characteristics that they share with physical cash- that they are available continuously on demand and at par value -retained their value while the assets ... University Rey Juan Carlos in Madrid, Spain, and works in investment banking at Voga Capital in Brazil Antonio Zanella is a PhD candidate in Economics at Rey Juan Carlos University, Madrid, Spain Foreword ... prudence that accounting abided by As the historical cost accounting was replaced by 'fair value' assessments for balance sheet assets, particularly financial assets, an illusion of wealth drove...

Ngày tải lên: 01/11/2014, 11:39

... deposit insurance (increasing moral hazard) and low values of a “law and order” index (a proxy for a weaker regulatory and supervisory structure) also appear to be important institutional characteristics ... employed are standard in this literature: real GDP growth, the rate of exchange rate depreciation, real credit growth, nominal (and real) interest rate increase, inflation (and a dummy variable taking ... characteristics, Kaminsky and Reinhart (1996), estimating a probit model, find that financial liberalization increases the probability of a banking crisis DemirghH-Kunt and Detragiache (199 8a) ...

Ngày tải lên: 10/12/2013, 10:15

... stadium, a mega mall, and a business area may all have differing busy hours) can also greatly enhance revenue per base radio due to an increase in duration of peak minutes of use (MOU) Digivance ... provisioned to allow for all anticipated users to gain reasonable access to the network What determines “reasonable access” is the designated “grade of service” (GOS), which is the acceptable amount ... A rc h i t e c t u re Core Urban Market - A “Real World” Case Study Here is an actual service provider’s market application of LRCS in two separate 2:1 simulcast configurations In the original...

Ngày tải lên: 10/12/2013, 19:15

... marginal returns has taken effect At seven workers, marginal product equals average product and average product is maximized As more workers are hired average product falls Note that as long as marginal ... for the healthcare of many Americans This can be accomplished by lowering Medicare and Medicaid expenditures and by eliminating all or a part of the tax deductibility of health insurance The cost ... catastrophic insurance policy and, at the same time, agrees to place in a bank reserve account (what Goodman prefers to call a “Medical Savings Account” or “MSA”) a sum of $3,000 each year per employee...

Ngày tải lên: 17/12/2013, 15:19

... consumption as a way to reduce and flatten load and avoid or delay the cost of building and/or operating additional generating capacity However, California has become the national leader, and is developing ... Prey Jack Safely Chris Schmidle Jennifer Seal Dave Sharky Lisa Skumatz Arnie Sowell Gail Sturm Scott Tomeshevski James Toothaker Barbara Van Gee Jed Waldeman Clark Williams Alex Wilson Gary Wolff ... Economics California Air Resources Board California Department of Transportation Metropolitan Water District of Southern California California Integrated Waste Management Board Rocky Mountain Institute...

Ngày tải lên: 06/03/2014, 19:20

... a reusable aircraft.1 The particular parameters—intensity and duration—were chosen partly because they are well defined and readily available for historical events and partly because fairly simple ... There are important operational advantages to having at least some expendable weapons that this report does not address However, if the United States wishes to maintain the capability to wage air ... within a particular scenario The important fact that reusable aircraft can be reused in multiple scenarios is omitted from this formal analysis Despite these possible biases against reusable aircraft,...

Ngày tải lên: 15/03/2014, 21:20

... and Medicaid Private payers also may be able to take advantage of Medicare investments in ACOs and medical homes Still, the lack of coordination across public and private spending programs makes ... Medicare to more integrated and accountable approaches to delivery and payment may establish organizations and systems that can be more widely adopted and reinforced by other public and private payers ... payments, increasing the rebates that pharmaceutical companies pay to Medicaid plans); eliminating unnecessary costs such as fraud and abuse in Medicare and Medicaid; simplifying health insurance...

Ngày tải lên: 16/03/2014, 05:20

... the maximum capacity to the average capacity available is about 2.5 Again, this indicates that the average capacity is a good indicator for the available testing capacity in the major European ... the available capacity for single tests At best it could give a clue to make a guess about the overall laboratory capacity in the EU The estimations of average and maximum testing capacities are ... variation is fairly easily understood and it incorporates all the relevant data However, there is no general standard for an acceptable level of price variability Thus, we had to fix a reasonable...

Ngày tải lên: 23/03/2014, 05:22

Ngày tải lên: 23/03/2014, 12:20

... Arara Abadi Related Mill Company: Indah Kiat Kabupatens: KAMPAR (Districts) PELALAWAN SIAK BENGKALIS ROKAN HILIR DUMAI PEKANBARU Plantation Company: Arara Abadi Planted species Species Acacia ... Costs Estimations Case by Case Inti Indo Rayon in North Sumatra Arara Abadi in Riau Riau Andalan Pulp and Paper in Riau Wira Karya Sakti in Jambi Musi Hutan Persada in South Sumatra Aggregated Economic ... References 23 Annexes 25 iv Abbreviations and acronyms AA Arara Abadi—Plantation Company associated with IKPP pulp mill and APP Group APP Asia Pulp and Paper APRIL Asia Pacific Resources International Holdings...

Ngày tải lên: 23/03/2014, 21:21

... Sources: APRA; Bloomberg; RBA; UBS AG, Australia Branch spread on banks’ outstanding long-term debt is estimated to increase by about 30 basis points over the next year and a half and broadly stabilise ... Sources: AFMA; RBA; Tullett Prebon (Australia) Pty Ltd Graph Australian RMBS Bps 400 20 400 AAA-rated secondary market* 200 $b Bps Spreads to bank bill swap rate ● Primary market** ● AOFM-sponsored ... * 5-day rolling moving-average ** Primary RMBS spreads are face value weighted monthly averages of AAA-rated RMBS with conservative average LVRs Sources: RBA; Royal Bank of Scotland OIS rate)...

Ngày tải lên: 29/03/2014, 01:20

... has exceeded new issuance Furthermore, Australian banks have bolstered their balance sheets by raising equity, through a combination of retained earnings and share placements This has led to an ... declined, and are now closer to the average margin on existing loans As such, the average margin on outstanding business lending facilities appears to have broadly stabilised (Graph 7) Overall, the average ... in actual loss rates experienced by the major banks Graph 7 Variable Rates on Outstanding Business Loans Spread to cash rate % % 5 4 3 2 1998 2002 2006 2010 Sources: APRA; RBA Lending rates and...

Ngày tải lên: 29/03/2014, 01:20

... average interest rate on outstanding variable-rate housing loans and the cash rate has risen by a similar amount Around two-thirds of business loan rates are tied to the bank bill swap rate rather ... Sources: AFMA; RBA; Tullett Prebon (Australia) Pty Ltd Variable-rate bonds are generally benchmarked to the 3-month bank bill swap rate, while fixed-rate bonds are generally swapped back into variable-rate ... has been less marked than it has been for other banks globally The decisions by Standard & Poor’s and Fitch to downgrade the Australian major banks’ credit ratings by one notch, from AA to AA-,...

Ngày tải lên: 29/03/2014, 01:20

... insufficient Data furnishers must make sure the data is included in an FCRA regulated consumer credit database A major bureau already collects negative payment data from energy utility and telecom ... result was coupled with a decrease in late payments, an increase in timely payments and promises to pay, and an annual customer dispute rate of less than 1% Overall, Nicor Gas assumed a minimal implementation ... Customer Payment Data: Impact on Customer Payment Behavior and Furnisher Costs and Benefits payments and defaults Reorganizing its account management has allowed Nicor Gas to decrease its net bad debt...

Ngày tải lên: 29/03/2014, 06:21

... National Laboratory 1999 Prepared for California Air Resources Board Available at: http://www.arb.ca.gov/research/apr/past/indoor.htm#Toxic%20Air%20Contaminants Capital E analysis of USGBC data, November ... waste and water costs, lower environmental and emissions costs, and lower operational and maintenance costs and increased productivity and health Massachusetts already has established national ... Environmental Protection Agency, “Indoor Air Quality,” January 6, 2003 Available at: http://www.epa.gov/iaq/ Judith Heerwagen, “Sustainable Design Can Be an Asset to the Bottom Line - expanded internet...

Ngày tải lên: 29/03/2014, 18:20

... employee can terminate the contract as readily as can the employer, and longterm contracts, therefore, are not an essential attribute of the firm Nor are "authoritarian," "dictational," or "fiat" attributes ... existence and organization of the classical firm Although we have emphasized team production as creating a costly metering task and have treated team production as an essential (necessary?) condition ... In team production, marginal products of cooperative team members are not so directly and separably (i.e., cheaply) observable What a team offers to the market can be taken as the marginal product...

Ngày tải lên: 31/03/2014, 05:21

Ngày tải lên: 01/04/2014, 13:20

... land managed by Commune People's Committee: Mainly is bare land after slash and burn, far from villages and is commune grazing area of the villages Protection forest allocated to households: Mainly ... group regulation and action plan, then local authorities approved the groups and group regulation and action plan It is needed to attract the participation from all households in the village during ... especially protection forest in the rocky mountain Experiences Capacity building for villagers and communities must be associated by capacity building for local authorities To attract local authorities...

Ngày tải lên: 21/06/2014, 04:20

... transform, dashed lines are for actual object-based coding (ii) natural images from the USC database; (iii) natural textures from the Brodatz database, also available at [29] Some examples are ... circumstances In this work, we focus on a wavelet-based shape-adaptive coding algorithm The main coding tools are the shapeadaptive wavelet transform (SA-WT) proposed by S Li and W Li [10], and a shape-adaptive ... 1063–1068, 2001 Marco Cagnazzo et al [14] A Said and W A Pearlman, A new, fast, and efficient image codec based on set partitioning in hierarchical trees,” IEEE Transactions on Circuits and Systems...

Ngày tải lên: 22/06/2014, 22:20

... disease management and formulary decision making The study was supported by funding from Janssen-Cilag Pharmaceutical SACI SP is employed by Janssen-Cilag Pharmaceutical SACI List of abbreviations ... schizophrenia and acute exacerbation, olanzapine comparator Risperidone week study, patients with schizophrenia or schizoaffective disorder and acute exacerbation, aripiprazole comparator Olanzapine ... The therapeutic approach for symptoms of schizophrenia is mainly based around pharmaceutical treatment Atypical antipsychotics could offer particular advantages over typical antipsychotics and more...

Ngày tải lên: 08/08/2014, 23:21