0

some simulation studies of the baseline model

charpe et al - financial assets, debt and liquidity crises; a keynesian approach (2011)

charpe et al - financial assets, debt and liquidity crises; a keynesian approach (2011)

Tài chính doanh nghiệp

... Introduction 5.2 The real and the financial part of the economy 5.2.1 The structure of the real part 5.2.2 The structure of the financial part 5.3 The structure of the economy from the viewpoint of national ... accounts of the central bank 28 The balance of payments account 29 Balance of payments (in foreign currency) 43 The parameters of the simulation of the 3D dynamics 98 The parameters of the simulated ... 6.2 The real and the financial structure on the intensive form level 6.2.1 The real part of the economy 6.2.2 The financial part of the economy 6.3 The implied 34D dynamics 6.3.1 The laws of motion...
  • 457
  • 771
  • 0
slike bài giảng quản trị ngân hàng chương 10measuring and evaluating the performance of banks and their principal competitors

slike bài giảng quản trị ngân hàng chương 10measuring and evaluating the performance of banks and their principal competitors

Ngân hàng - Tín dụng

... interested in the banks’ level of profitability and exposure to risk? What are the principal components of ROE, and what does each of the these components measure? Suppose a bank has an ROA of 0.80% ... … the basic measure of stockholders’ returns  ROE is composed of two parts:  Return on Assets (ROA = NI / TA),  represents the returns to the assets the bank has invested in  Equity  the ... objectives Maximizing the bank value Controlling wide-range risks 6-4 Value of the bank’s stock 6-5 Value of a bank’s stock rises when:  Expected dividends increase  Risk of the bank falls  Market...
  • 58
  • 483
  • 1
CAPITAL CONSTRAINTS AND THE PERFORMANCE OF ENTREPRENEURIAL FIRMS IN VIETNAM

CAPITAL CONSTRAINTS AND THE PERFORMANCE OF ENTREPRENEURIAL FIRMS IN VIETNAM

Tổng hợp

... implication of the permanent income model The second method of detecting the presence of capital constraints uses direct answers from firms to several qualitative questions on whether they perceive themselves ... and size of the firm Size of the firm is measured in both employment size (logarithm of total number of employees) and economic size (logarithm of total assets of the firm) We control for the survey ... Furthermore, the amount of personal equity injected at the start has a strongly negative effect on the extent of capital constraints The probability of this effect decreases as the amount of...
  • 38
  • 421
  • 0
essays on the information contents of bank subordinated debt spreads and the pricings of bank loans and services

essays on the information contents of bank subordinated debt spreads and the pricings of bank loans and services

Kinh tế

... 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...
  • 190
  • 290
  • 0
Virtually live blogs and the performance of identity

Virtually live blogs and the performance of identity

Thạc sĩ - Cao học

... consists of viewing oneself from the standpoint of the other, and this is the essence of the selfing process Further, Mead’s concept of self is delineated by the “I” and the “me” such that the creative ... see the costume, the set, the props as well as the body of the blogger-performer Earlier, Erving Goffman’s The Presentation of Self in Everyday Life was described as a dramaturgical account of the ... simulation that exists in a virtual world The simulation itself becomes the site of signification, rather than the body of the actor (1999: 194) The relocation of the signifier is a key feature in textual...
  • 117
  • 384
  • 0
thang nguyen ngoc - 2011 - corporate governance and its impact on the performance of firms in emerging countries - the evidence from vietnam [cg]

thang nguyen ngoc - 2011 - corporate governance and its impact on the performance of firms in emerging countries - the evidence from vietnam [cg]

Tổng hợp

... together represent some 90% of the total market capitalization of these exchanges The companies were assessed against the five key areas, which are recognized by the OECD Principles as the keys to good ... and other documents, especially the minutes and documents relating to the General Meeting of Shareholders, the company Articles of Association, and from the public media and other sources of public ... was the equitable treatment of shareholders with an overall level of compliance of 65.1% Other areas achieved a level of compliance of less than 50% This may very well be the reason why there...
  • 8
  • 435
  • 0
thang nguyen ngoc - 2011 - corporate governance and its impact on the performance of firms in emerging countries - the evidence from vietnam [cg]

thang nguyen ngoc - 2011 - corporate governance and its impact on the performance of firms in emerging countries - the evidence from vietnam [cg]

Tổng hợp

... together represent some 90% of the total market capitalization of these exchanges The companies were assessed against the five key areas, which are recognized by the OECD Principles as the keys to good ... and other documents, especially the minutes and documents relating to the General Meeting of Shareholders, the company Articles of Association, and from the public media and other sources of public ... was the equitable treatment of shareholders with an overall level of compliance of 65.1% Other areas achieved a level of compliance of less than 50% This may very well be the reason why there...
  • 8
  • 396
  • 0
Corporate governance and its impact on the performance of firms in emerging countries  The evidence from Vietnam

Corporate governance and its impact on the performance of firms in emerging countries The evidence from Vietnam

Thạc sĩ - Cao học

... together represent some 90% of the total market capitalization of these exchanges The companies were assessed against the five key areas, which are recognized by the OECD Principles as the keys to good ... ROE of 23.5%, compare with the companies with lower corporate governance with ROE of 16.6% The results of the ROA ratios revealed a similar picture with the ROE ratios In addition, the score of ... in the past few years The area of least compliance with global good practice was that relating to the role of stakeholders with a level of compliance of just 29.2% This result shows that the...
  • 9
  • 420
  • 1
Tài liệu Banks’ exposure to interest rate risk, their earnings from term transformation, and the dynamics of the term structure pptx

Tài liệu Banks’ exposure to interest rate risk, their earnings from term transformation, and the dynamics of the term structure pptx

Ngân hàng - Tín dụng

... regression models: the full model (column 2), the model without the regulation variables (column 3) and the model with only the regulation variables (column 4) The R2 of the full model is 17.24%, i.e the ... interest rate exposure to the supervisor more frequently) In fact, it turns out that the sum of the R2 s of the two incomplete models is slightly larger than the R2 of the full model, i.e 10.08% + ... is the cross-sectional average of the bank-specific variable αi of those banks for which there is an observation in month t As the composition of this sample changes in the course of time, the...
  • 40
  • 551
  • 1
the importantce and effect of csr reporting on the performance of vietnam companies

the importantce and effect of csr reporting on the performance of vietnam companies

Sư phạm

... support the charities of the 14 companies‟ ranked bottom of the list less than 0.01% of the profits Looking at the other side of the coin, according to the research center on the management of Ashridge, ... indirectly, by the actions of the firm In the traditional view of the firm, the shareholders view, the shareholders or stockholders are the owners of the company, and the firm only addresses the needs ... out the survey, I also interviewed the director and chief accountant of the company on the CSR of the company The question is to play a close look at the financial situation of the company and the...
  • 81
  • 498
  • 0
Measuring and modelling the performance of a parallel ODMG compliant object database server potx

Measuring and modelling the performance of a parallel ODMG compliant object database server potx

Cơ sở dữ liệu

... product of its inputs The experiments measure the effect of varying the selectivity of the scans on the inputs to the join as follows (1) Varying the selectivity of the outer collection (v1) The ... Cardinality of the left input Cardinality of the right input Length of the predicate Type of the object Number of objects Extent of the database (e.g AtomicParts) Number of pages Size of a bucket ... varied here is the selectivities of the scans of the collections being joined, not the join selectivity itself, which is ratio of the number of tuples returned by a join to the size of the Cartesian...
  • 47
  • 1,604
  • 0
Báo cáo khoa học:

Báo cáo khoa học: "Estimating Upper and Lower Bounds on the Performance of Word-Sense Disambiguation Programs" docx

Báo cáo khoa học

... advantage of the prior probabilities of the senses, so they would be at a disadvantage relative to the baseline if one of the senses had a very high prior, as is the case for the test word issue 10 The ... when there is an unusual trade-off between the cost of a Type I error and the cost of a Type II error Nevertheless, the proposed baseline does seem to provide a usable rough estimate of the lower ... AVERAGE 70% 92% There are, of course, a number of problems with this estimate of the baseline First, the baseline system is not operational, at least as we have defined it Ideally, the baseline system...
  • 8
  • 391
  • 0
WORKING PAPER SERIES NO 748 / MAY 2007: FINANCIAL DOLLARIZATION THE ROLE OF BANKS AND INTEREST RATES docx

WORKING PAPER SERIES NO 748 / MAY 2007: FINANCIAL DOLLARIZATION THE ROLE OF BANKS AND INTEREST RATES docx

Ngân hàng - Tín dụng

... parameterizations of the model Movements in margins, however, depend on the parametrization of the model More precisely, they depend on the amount of funds compared to deposits17 , and on the degree of monopoly ... will show how the model solution changes when ¯ these are changed The value of the mean of M (M ) was set such that the probability of default is not greater than 20% across all our simulation and ... competition so the aggregator makes no profits The introduction of a deposits and loans aggregator facilitates the exposition of the model without changing its results The aggregator solves the following...
  • 76
  • 738
  • 1
Common factors in the performance of European corporate bonds – evidence before and after financial crisis pdf

Common factors in the performance of European corporate bonds – evidence before and after financial crisis pdf

Ngân hàng - Tín dụng

... tested, K is the number of risk factors in the asset pricing model, µ is a column vector of mean returns of the risk factors, Ω is the unbiased estimate of the covariance matrix of the risk factors ... French model, respectively) Thus, the 4-factor model explains a part of the abnormal performance of short-dated bonds not explained by the 2-factor model Panel C of Table reveals the results for the ... bonds and the one-month risk-free rate of the previous month The proxy of the default risk is the difference between the return of corporate 12 The Corporate Composite bond index and the Euro...
  • 42
  • 402
  • 0
The History of Banks: To Which Is Added, a Demonstration of the Advantages and Necessity of Free Competi- tion In the Business of Banking. Richard Hildreth doc

The History of Banks: To Which Is Added, a Demonstration of the Advantages and Necessity of Free Competi- tion In the Business of Banking. Richard Hildreth doc

Ngân hàng - Tín dụng

... of the circulating medium of the country; but the theory of their operation was not understood As these notes were observed to take the place of coin, and to perform all its offices, it was thence ... Company, and the China Company; and now assumed the title of the Company of the Indias The Company next acquired the privilege of farming all the taxes and the whole revenue of the kingdom; and ... issued on the 21st of May, reducing the value of the notes in the proportion of ten to eight; on the first of July another reduction was to take place; and another yet, at the commencement of every...
  • 78
  • 775
  • 0
Governance and the Success of U.S. Community Banks, 1790-2010: Mutual Savings Banks, Local Commercial Banks, and the Merchants (National) Bank of New Bedford, Massachusetts doc

Governance and the Success of U.S. Community Banks, 1790-2010: Mutual Savings Banks, Local Commercial Banks, and the Merchants (National) Bank of New Bedford, Massachusetts doc

Ngân hàng - Tín dụng

... Citizen, An Appeal to the Public on the Conduct of the Banks in the City of New York (New York, 1815), 5-7; An Inquiry Into the Causes of the Present State of the Circulating Medium of the United States ... under the control of Andrew Dexter.7 Other failures followed in the wake of the Panic of 1819, the Panic of 1837, and almost every other financial calamity to strike the nation since, including the ... determined the nature of the bank’s loan portfolio For example, the founders of the Farmers Bank of Bucks County set up in Hulmeville because, in the words of the bank’s chronicler, it “was the seat of...
  • 34
  • 471
  • 0
The Performance of Socially Responsible Mutual Funds: The Role of Fees and Management Companies ∗ pot

The Performance of Socially Responsible Mutual Funds: The Role of Fees and Management Companies ∗ pot

Quỹ đầu tư

... funds in the period 1994-2003 using the same measure of performance Neither of these studies documents statistically significant differences in performance Both the approach and the results of our ... is the one that most closely approximates the matched-pair methodology used in previous studies and it maximizes the quality of the matches, although at the cost of a small sample size In some ... of Statman (2000) and Bauer et al (2005) Statman (2000) compares the performance of a sample of SRI funds with that of a control group of conventional funds of similar size and reports that the...
  • 30
  • 627
  • 0
Báo cáo hóa học:

Báo cáo hóa học: " Impact of the environment and the topology on the performance of hierarchical body area networks" ppt

Hóa học - Dầu khí

... the impact of these parameters is not the focus of the this study, the interested reader is referred to the existing literature [27-29] for further details The principal contributions of this article ... where, in the last passage, we have used the fact that the RVs {Λi, Λj, Penv, Xi} are independent The term in the third line of the expression at the right-hand side of (13) can be further expressed ... does not mean that there are not far interferers, but that their propagation model is simply the same of close interferers) Therefore, the computation of the link probability of success P (outdoor)...
  • 17
  • 444
  • 0

Xem thêm