1,720,960 research outputs found
CDS spreads and balance sheet ratios in the banking sector: an empirical analysis on the Mediterranean Europe
Full text linkAbstract: The paper investigates empirically what kind of relationship between banking sector’s
CDS spreads and balance sheet ratios has been established, in the Mediterranean Europe for
the period 2009-2014.The study shows the attention of the market for the quality and profitability
of banks’ assets, in order to evaluate credit risk. We also find a significant attention for shortterm
liquidity, that could be explained by the Eurozone crisis that has affected the region in the
period analyzed. Provided that also balance-sheet variables can be affected by balance-sheets’
policies, we finally suppose, that some results have been distorted by the deep speculation that
took place in the CDS market of the Mediterranean Europe, during these years and has
invalidated the efficiency of the CDS spread, as a good credit risk indicator
The relationship between PIIGS banks’ balance sheet ratios and CDS spreads: an empirical analysis
Full text linkThe paper investigates empirically what kind of relationship between banking
sector's CDS spreads and balance sheet variables has been established, in the area most
affected by the sovereign debt crisis, during the period itself. To this purpose, we conduct
an analysis on a sample of PIIGS banks, compared to a sample of US ones, for the period
of the Eurozone crisis, 2009-2013.The study shows the peculiarity of banking sector
respect to other productive areas, in terms of relationship between balance sheet ratios and
CDS spreads, in order to evaluate credit risk. This research confirms the supposed
distortion of market informational efficiency, made by speculation: in particular we retain
that speculation on PIIGS banks derived from sovereign debt crisis, while the American
banks' one, was influenced mostly by the financial crisis, born just from the banks of this
area. The paper also highlights the relevance of sovereign short-term rating, in terms of
perception of the riskiness of market: specifically, we show how the banking sector has
been deeply influenced by Eurozone crisis. In particular, we note a stronger influence of
rating sovereign debt evaluation on PIIGS CDS spreads, respect to balance sheet ratio
The “Donald” and the market: Is there a cointegration?
No full textThis paper analyses the relationship between post-election main sentiment on Donald Trump and financial markets. The sample period, spans from 8 November (the election Day) and 28 February. Our study intends to verify if there exist a co-implication between Trump's Favorable (TF), namely the percentage of favorable opinions on Trump, and some financial variables (i.e. stock and Treasury returns, currency and commodities). The results of cointegration analysis show that Trump's Favorable has explanatory power for stock market returns, 10 long term Treasury bond and decrease of gold. Furthermore, we found no evidence of the opposite relation
Going Beyond Counting First Authors in Author Co-citation Analysis
Full text linkThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Full text link“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Full text linkWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Dispelling the Myths Behind First-author Citation Counts
Full text linkWe conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued
use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation
counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more
sophisticated methods
koamabayili/VECTRON-author-checklist: VECTRON author checklist
No full textWe have done our best to complete the author checklist relating to the use of animals in the hut study. Note that the objective for the hut study was to evaluate the IRS treatment applications for residual efficacy against Anopheles mosquitoes, including the local An. coluzzii mosquito population. Cows were only used to attract mosquitoes into the huts and no tests were carried out directly on the cows. The author checklist is intended for use with studies where experiments are carried out on animals, which is why we have had such difficulty in completing this for the hut study, as many of the questions do not relate to how the cows were used
- …
