... conditions of confidentiality, the data needed for monitoring ofthe banking sector as a whole and of banks of specific interest due to their systemic nature or their condition. A provisional ... computation oftheimpactofthe new provisioning requirements for both performing and non-performing loans in the real estate and construction sector. • The extended mandate ofthe due diligence ... sought under the terms oftheFinancial Assistance for the Recapitalisation ofFinancial Institutions by the EFSF. Following this request, the European Commission in liaison with the ECB, the European...
... environment and given national government control of inflation and monetary policy, competition and concentration determine bank behavior and the countenance of appropriate risk levels. Bank concentration ... Justification ofthe Study This study contributes to financialsector research and policy by investigating the effect of electronic banking and financial infrastructure onfinancialsector competition ... REVIEW 9 Introduction 9 The role ofthefinancialsector 10 Concentration and competition 15 Measuring competition and concentration 16 Mitigating factors for competition 18 Market structure...
... gained by further exploring the implications ofthe time dimension in the economic process. This will be one ofthe undertakings of this paper. The paper analyzes the role of finance for economic ... implications of CTF: the role of incentives13Depending onthe economy’s institutional setting (including the role ofthe state, restraints on market competition, and restrictions on capital ... institutions perform complementary functions.Depending onthe structure offinancial sectors and the stage of economic development, thesefunctions might be carried out either by separate institutions,...
... end ofthe session to the other TCPentity. The FIN bit is set to the value one or turned- on. The window size, sometimes just called the window, is the number of bytes the sending station hasin ... provide the connection-oriented functions.As an illustration of this, in the example ofthe webclient-server interaction above, Ethernet and IP operatein a connectionless fashion. Therefore, ... some cases,a connectionless protocol will implement one or two of the functions.One ofthe most important concepts in data communi-cations is how connection and connectionless protocolsare...
... to the shares ofthe senior tranche that they hold. If the return onthe mortgage portfolio exceeds the claim ofthe senior tranche, the claim ofthe senior tranche is paid off. The second ... short ofthe claim ofthe senior tranche, the holders ofthe mezzanine tranche get nothing. If the return onthe mortgage portfolio lies be-tween the claim ofthe senior tranche and the sum ofthe ... they holds. If the return onthe mortgage portfolio exceeds the sum ofthe claims ofthe senior and mezzanine tranches, the claim ofthe mezzanine tranche is also paid off. The holders of the...
... varying conditions. First, they consider a situation in which each maintenance worker can fix only one type of part. In the second trial, they relax this condition and consider a situation in ... data onthe relationship between performanceon the one hand and ability, experience, and training onthe other would allow military officials to determine the optimal manpower mix for their ... is a less certain place. New concerns about the implications of operational and personnel tempo and the distribution of responsibilities through the ranks ofthe hierarchy may be well-placed....
... Europe in the eighteenth and nineteenth centuries, in fact the tallest in the world. The original indigenous population was also among the tallest populations ofthe world at the time. However, ... Most ofthe previous researches showed that the values of morphological and physical indexes are influenced by the environment. Therefore, the purpose of this research is to identify environmental ... measurement of middle chest (chest girth). The average values ofthe indexes were calculated based onthe Button’s formula. 4. Findings Result 1. The reality of basic anthropometric indexes of...
... Regulator: Is the European Union an Optimal Economic Area for a Single Securities Regulator? Empirical Modeeling of Contagion: A Review of Methodologies International Financial Contagion: What ... Demosthenes N. Tambakis 4 December 2002 The New Basel Accord and Developing Countries: Problems and Alternatives Jonathan Ward 6 January 2003 Economic Slowdown in the U.S., - The Revitalisation ... May 2002 On Strategic Default and Liquidity Risk Demosthenes N. Tambakis 2 June 2002 The Supervisory Approach: A Critique Jonathan Ward 3 August 2002 Depreciation Bias, Financial- Sector Fragility...
... debate on remuneration in thefinancial services industry. There are two dimensions to this problem: one is the often excessive level of remuneration in thefinancial sector; the other one is the ... compose the ESRC with the central banks of the ESCB. It would therefore be composed ofthe members ofthe ECB/ESCB General Council (the President ofthe ECB, the vice-president ofthe ECB and the ... supervision. 172) For all these reasons, the Group takes the view that the ECB should not become responsible for the micro-supervision offinancial institutions. However, the Group considers that the...
... for other uses. The division manages the bison herd on Antelope Island. Even though the division received revenue from the auction of some bison, the deficit shown of $328,000 remained. The ... we touch lightly onthe division’s spending on capital projects, the main focus of this report is on maximizing the efficiency of the division’s operations budget. The operations budget is also ... part of the cost of operating the state park, but are often charged to the region or division level offices instead ofthe parks. Until these direct costs are properly accounted for at the...
... dimensions of institutional structure that he considers most critical in bearing onthe opportunities for corruption. "1 .The monopoly power of officials. 2 .The degree of discretion that officials ... Khachaturyan (1997) the president of Armenia is the central person for the judiciary system. According to article 55 ofthe Constitution of Republic of Armenia the President of RA not only can appoint ... societies. They Have discretion over the creation, proliferation, and interpretation of conterproductive regulations. Thus instead of corruption being the grease for the squeaky wheels of a rigid...
... Question-naire. The questionnaire consists of 28 questions on a five-point scale. This indicated that the wholespectrum ofthe five-point scales was utilized in the reflection of quality of life of ... in the intervention group,however, received one hour practice of qigong, twicea week, under the supervision of a qualified practi-tioner, on top ofthe basic rehabilitation activities. The ... participants.For the intervention group, the Perceived BenefitQuestionnaire was implemented one week after the completion ofthe program. In addition, feedbackfrom the participants in the intervention group...
... analyzing thefinancial value of an MBA, the starting salary ofthe graduate is only part ofthe equation. The value added by the degree is the function ofthe differential between the pre-MBA ... pre-MBA income will be one ofthe determinants of his/her incremental income. The other, the post-MBA income, is a function ofthe school, the candidate, and the state ofthe economy (GDP growth ... of employment. The dividend from the degree is the additional salary that results from the degree, while the cost ofthe investment is the foregone income and associated tuition and fees. The...