chair s statement from the 10th oecd rural development conference
Productive regions for inclusive societies 2016
Ngày tải lên :
26/10/2016, 15:25
... innovations to lagging firms, sectors or regions This process is facilitated by a macro-structural environment that supports, rather than hinders, the shift of resources across sectors and the upscaling ... under the responsibility of the relevant Israeli authorities The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the ... the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law 25 REGIONAL PRODUCTIVITY GAPS AND THEIR CONSEQUENCES Key Messages...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 1 ppsx
Ngày tải lên :
10/08/2014, 07:21
... (1995) study the dynamic response to shocks in the capital of U .S banks using a vector autoregressive framework They show that U .S banks seem to adjust their capital ratios must faster than they ... bankers This is why most countries have organized deposit insurance funds (DIFs) that guarantee small deposits against the risk of failure of their bank The role of bank supervisors is then to ... OF THE BOOK Why Are there So Many Banking Crises? Part contains a nontechnical presentation of these banking crises and a first, easily accessible, discussion of how the regulatory–supervisory system...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 2 pdf
Ngày tải lên :
10/08/2014, 07:21
... of these withdrawals exceeds the cash reserves M of the bank, then the bank is forced to sell some of its assets To summarize our notation, the bank s balance sheet at τ = is represented as: ... markets and so the consequence was only the failure of several domestic banks Also, economists have tried to assess the characteristics of banking systems that were more likely to be associated ... paper is organized as follows Section 2.2 presents the model Section 2.3 discusses runs and solvency Section 2.4 characterizes the equilibrium of the game between investors Section 2.5 studies the...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 3 pptx
Ngày tải lên :
10/08/2014, 07:21
... learns that his bank is insolvent, i.e., the probability of success of its investment ˜ at t = is zero In other words R = R0 for sure If state S does not occur, then the probability of success is ... need to distinguish two conditions on the magnitude of the shocks If the shocks are small with respect to the value of the assets that banks can pledge as collateral in the worst-case scenario ... maximize the expected value of the bank s assets which consists of two terms: (i) the product of the size I = + E − Dm of the bank s investments by the net expected return on these investments, taking...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 4 doc
Ngày tải lên :
10/08/2014, 07:21
... banks; R1 is the investment return in case of success; R0 is the investment return in case of failure; p is the probability of success for solvent banks; pg is the probability of success for insolvent ... to impose conditions on the magnitude of the shock Previously we distinguished two cases depending on whether or not the shock exceeds the bank s assets in the worst-case scenario The presence ... but assume it is identically distributed across firms We assume instead that ρ is deterministic, but varies across banks 12 This exposure results, in fact, from policy decisions by banks, and therefore...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 5 ppsx
Ngày tải lên :
10/08/2014, 07:21
... AND SYSTEMIC RISK i 133 the lending bank leads to a rescue, which in turn conflicts with its ex ante incentives to monitor One of the key issues addressed in this paper is whether the rescue of the ... example, starting from a situation in which no bank fails, a small increase in a bank s liquidity shock can trigger the closure of all banks Section 5.4 summarizes the main insights and discusses alleys ... assumptions as to how small liquidity shocks are met by bank (are its liquid assets sold or are claims on the bank diluted through issues of shares or increased leverage?), and as to the roles of...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 7 ppsx
Ngày tải lên :
10/08/2014, 07:21
... trades between banks only To make explicit the values of the assets and the liabilities resulting from interbank relations, we adopt the simplest sharing rule, as expressed in the following assumption ... time 1, its assets are shared between its own depositors only Assumption 7.2 simply means that when the bank is closed at time t = 1, only its depositors have a claim on its assets Bank closure at ... depositors in other locations to the same Second, the structure of financial flows affects the stability of the banking system with respect to solvency shocks On the one hand, interbank connections...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 8 potx
Ngày tải lên :
10/08/2014, 07:21
... limiting the risk taken by banks Moreover, it entails severe reallocations of assets since in most cases it is optimal for banks to specialize in at most two risky assets On the other hand, there is ... allows the losses of one bank to be spread over other banks We show that a diversified lending system is more exposed to market discipline (i.e., less resilient) than a credit chain system because ... taking into account the total cost (operating costs + interest paid to depositors + possibly, deposit insurance premiums) C(D) of these deposits This cost function depends on the institutional framework...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 9 pps
Ngày tải lên :
10/08/2014, 07:21
... precise proposals by U .S economists (Calomiris 1998; Evanoff and Wall 2000; see also the discussion in Bliss 2001) for mandatory subordinated debt, these proposals are not discussed in the Basel ... (as measured by α, x ) decreases, but the portfolio is reshuffled, by investing more in those assets i for which ρi /αi is highest, and investing less in the other assets The total effect on the ... different classes of risks and the hoarding of liquid assets as another buffer against risk The first topic is addressed by the vast literature on risk-weighted ratios (chapter 8; Koehn and Santomero...
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Why Are there So Many Banking Crises? The Politics and Policy of Bank Regulation phần 10 docx
Ngày tải lên :
10/08/2014, 07:21
... (1995) study the dynamic response to shocks in the capital of U .S banks using a vector autoregressive framework They show that U .S banks seem to adjust their capital ratios must faster than they ... s In this case it is easy to see that subdebt becomes riskless and thus its value is identically equal to s But then the subdebt term vanishes from the differential equation that characterizes ... received from its assets are insufficient to repay the interest r on deposits In this case, the liquidation threshold is thus xL = r (10.8) We also assume that when this liquidation takes place, the...
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báo cáo khoa học: " Trends in beliefs about the harmfulness and use of stop-smoking medications and smokeless tobacco products among cigarettes smokers: Findings from the ITC four-country survey" pdf
Ngày tải lên :
11/08/2014, 18:20
... asked whether they are more harmful or the same Two measures were created with 1) “Less harmful” vs “All other responses,” and 2) “A LOT less harmful” vs “All other responses” Because there is ... education was used to estimate SES Tobacco Dependence Dependence was assessed using the Heaviness of Smoking Index, (HSI) [26] The HSI (range - 6) was created as the sum of two categorical measures: number ... smokers so users of other tobacco products are not represented unless they also smoke cigarettes Thus, this study has nothing to say about the views of other tobacco product users in general The...
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rochet - why are there so many banking crises; the politics and policy of bank regulation (2007)
Ngày tải lên :
01/11/2014, 19:44
... crises or serious banking problems Similarly, the cost of the Savings and Loan crisis in the United States in the late 198 0s has been estimated as over USD 150 billion, which is more than the ... loans in their portfolios of assets 1.5 Lessons from Recent Crises Let me try to draw some lessons from the crises of the last twentyfive years, which have provided very useful evidence for research ... markets and so the consequence was only the failure of several domestic banks Also, economists have tried to assess the characteristics of banking systems that were more likely to be associated...
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On the quality and price of data
Ngày tải lên :
09/09/2015, 11:24
... are the sum of the marginal costs over all the products The average cost of a product is the average value of the total costs over all the products Cost-based pricing uses the costs of products ... expressions and probabilities associated with the Boolean events in these expressions The Boolean expression associated with a tuple, as shown in column exp of Table 1.1, is interpreted as the ... owns data sets of the arrival time of buses at different bus stops One data set contains the arrival time of bus No.151 at bus stops The arrival time reported by this data set differs from the...
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SOME SOLUTIONS TO TEACHERS OF ENGLISH IN IMPROVING THE QUALITY AND EFFECTIVENESS OF TEACHING SPEAKING SKILLS TO THE FIRST YEAR NON MAJOR STUDENTS OF ENGLISH AT COLLEGE OF SCIENCES, THAI NGUYEN UNIVERS
Ngày tải lên :
01/06/2016, 18:35
... English major students in the same class is so great This prevents teachers from using language games in class as well as choosing suitable games for their students Noise, seize of class and mixed-ability ... progress and their attitudes towards language games are also discussed 3.1.2 Subjects The subjects for the study are two groups of teachers and students The first group includes teachers of Department ... many researchers spent their time studying guessing games This is a very familiar game for students at a low level In these games, the majority of the class or teams are “guessers” while the teacher,...
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Tài liệu Báo cáo khoa học: "The Structure and Process of Talking About Doing" pdf
Ngày tải lên :
21/02/2014, 20:20
... express the forms of inference used to solve the problem ("Justificatlon argument structures") Ericsson, K.A., & Simon, H.A Thlnking-aloud protocols as data: Effects of verbalization Pittsburgh, ... focussed our efforts on two types of problem solving phenomena: the changes in the problem solver 's organization of the problem ("point of view"), and systematic multl-utterance structures used ... problem solving, 2) development of a process model of these behaviors, and 3) use of coding techniques to extract traces of "critical phenomena" from the transcripts for evaluating the model So far,...
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belief about the self a defense of the property theory of content jul 2008
Ngày tải lên :
11/06/2014, 00:53
... propositions, based upon his classic case of the messy shopper I also review Lewis s (1979) case of the two gods, and discuss an argument for the property theory based upon it The remainder of the ... different accounts of possible worlds) The proposition that some cats purr, on this view, is the set of worlds where some cats purr The possible-worlds conception of propositions allows us to think ... provides a sustained defense of possible-worlds propositions as mental contents 10 belief about the self propositions that have the same truth conditions as singular propositions, and thereby...
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passionate engines what emotions reveal about the mind and artificial intelligence dec 2001
Ngày tải lên :
11/06/2014, 09:54
... expressions In some cases, however, someone dressed in a 20 Passionate Engines lab coat was put into the room with the subjects In these cases, as expected, Japanese students altered their expressions ... of some kind is sufficient to cause fear responses These results were also shown to be independent of where in the visual field the stimulus was presented, which is consistent with the process ... study as was possible They created a set of thirty photographs of facial expressions that they felt expressed six emotions that other psychologists had proposed as basic (happiness, surprise, fear,...
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Báo cáo hóa học: "Validation of the nausea and vomiting of pregnancy specific health related quality of life questionnaire" pot
Ngày tải lên :
18/06/2014, 22:20
... Health Survey v.1 (SF-12) [15] This shorter version of the commonly used SF-36 yields two summary measures: the physical component summary scale (PCS) and the mental component summary scale (MCS)[16] ... (MCS)[16] Summary measures range from to 100 and are calculated using the scores of the twelve items; higher scores represent better QOL PCS and MCS scores were calculated with standard (United States) ... and the frequently used Motherisk PUQE (ICC = 0.71) [13] Statistical analysis Descriptive statistics were used to estimate the distribution of maternal characteristics and health-related QOL scores...
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