144 research outputs found
Islamic vs. conventional banking : business model, efficiency and stability
No full textThis paper discusses Islamic banking products and interprets them in the context of financial intermediation theory. Anecdotal evidence shows that many of the conventional products can be redrafted as Sharia-compliant products, so that the differences are smaller than expected. Comparing conventional and Islamic banks and controlling for other bank and country characteristics, the authors find few significant differences in business orientation, efficiency, asset quality, or stability. While Islamic banks seem more cost-effective than conventional banks in a broad cross-country sample, this finding reverses in a sample of countries with both Islamic and conventional banks. However, conventional banks that operate in countries with a higher market share of Islamic banks are more cost-effective but less stable. There is also consistent evidence of higher capitalization of Islamic banks and this capital cushion plus higher liquidity reserves explains the relatively better performance of Islamic banks during the recent crisis.Banks&Banking Reform,Debt Markets,Access to Finance,Financial Intermediation,Bankruptcy and Resolution of Financial Distress
Stress Testing: A Review of Key Concepts
No full textThe note is a review of the literature on the quantitative methods used to assess the vulnerabilities of financial systems to risks. In particular, the author focuses on the role of system-wide stress testing. He summarizes the recent developments in the literature, highlighting topics relevant for the Czech case. He presents the key concepts relating to systemwide stress tests, overviews the stress tests performed by central banks and international financial institutions, and discusses conceptual issues relating to modeling of individual risk factors.Financial soundness, macroprudential analysis, stress tests.
The Harrod-Balassa-Samuelson Effect: A Survey of Empirical Evidence
No full textThe paper surveys empirical evidence on the Harrod-Balassa-Samuelson effect. The survey encompasses the published empirical work on the phenomenon since its (re)discovery in 1964. In total, 58 empirical papers are examined within a specialized analytical framework. The body of empirical evidence is synthesized through four major elements. The analysis starts with the ongoing controversy related to the name of the theory. This is followed by a presentation of the evolution of the theoretical and econometric model. It ends with an analysis of the results of the surveyed empirical studies. Results of the survey indicate that growing body of evidence definitely points towards professional rethinking about the significance of the Harrod-Balassa-Samuelson effect.Harrod Balassa Samuelson effect, real exchange rate, purchasing power parity, productivity
Locations of high contact force during left atrial mapping in atrial fibrillation patients: electrogram amplitude and impedance are poor predictors of electrode-tissue contact force for ablation of atrial fibrillation.
No full textSystemic Loss: A Measure of Financial Stability (in English)
No full textThe literature on modeling defaults in individual financial institutions has expanded dramatically. However, the links between defaults in individual institutions and system-wide crises remain inadequately understood, despite some recent attempts to transpose the existing indicators of the probability of default in individual institutions to the systemic level. The paper argues that any measure of systemic stability should incorporate three elements: probabilities of failure in individual financial institutions, loss given default in financial institutions, and correlation of defaults across institutions. It contains a review of existing measures of financial stability and finds that they generally fall short of this standard. The author demonstrates that looking at the distribution of systemic loss can lead to a clearer differentiation of cases of stability and instability.failures; financial sector; market-based indicators; soundness indicators
Designing Stress Tests for the Czech Banking System
No full textThe note discusses key issues involved in designing a suitable set of stress tests for the Czech banking system. The aim of the note is to propose stress tests that could be used by the Czech National Bank on a regular basis to assess the soundness of domestic banks, both for purposes of macroprudential surveillance and for banking supervision. The author suggests that the exercise be broadly based on the stress tests conducted during the 2001 IMF-World Bank Financial Sector Assessment Program (FSAP) mission to the Czech Republic. He summarizes the FSAP stress tests, and proposes a number of extensions and modifications. The key recommendations are presented in a table that covers also data requirements and a suggested timeframe for implementation. The note includes results of a replication of the Czech FSAP stress tests for mid-2003 data.Banking system, stress tests.
Video Modeling Project: A Journey Through the Creation and Implementation of a Social Skills Curriculum
No full textThis project adds to the growing volume of research done on the concept of using video modeling methods of teaching. In the classroom, the author experienced a need for a social skills curriculum that was engaging, personalized, and effectively covered the basic social skills needs of students within the school-wide setting. After researching the concept of video modeling, the author found the method produced positive results for students of all ages, in a variety of settings and skills. The author found in her research that the skills which yielded positive outcomes for children include but are not limited to concepts of play within the preschool setting, (Yingling Wert & Neisworth, 2003), to positive behavior intervention (Cihak, Fahrenkrog, Ayres and Smith, 2010), and pragmatics within conversation (Charlop, Dennis, Carpenter & Greenberg, 2010) in the elementary setting. The process of baseline data collection, video recording and editing, and project implementation is described by the author in this thesis project. This project yielded positive outcomes for the participating students, and it is the hope of the author that this project can be utilized as a model for teachers who wish to further pursue similar teaching methods with their own students
Studie rekonstrukce jezu Privoz na rece Odre a navrh vodni elektrarny.
No full textAvailable from STL, Prague, CZ / NTK - National Technical LibrarySIGLECZCzech Republi
Video Modeling Project: A Journey Through the Creation and Implementation of a Social Skills Curriculum
No full textThis project adds to the growing volume of research done on the concept of using video modeling methods of teaching. In the classroom, the author experienced a need for a social skills curriculum that was engaging, personalized, and effectively covered the basic social skills needs of students within the school-wide setting. After researching the concept of video modeling, the author found the method produced positive results for students of all ages, in a variety of settings and skills. \ud
The author found in her research that the skills which yielded positive outcomes for children include but are not limited to concepts of play within the preschool setting, (Yingling Wert & Neisworth, 2003), to positive behavior intervention (Cihak, Fahrenkrog, Ayres and Smith, 2010), and pragmatics within conversation (Charlop, Dennis, Carpenter & Greenberg, 2010) in the elementary setting. The process of baseline data collection, video recording and editing, and project implementation is described by the author in this thesis project. This project yielded positive outcomes for the participating students, and it is the hope of the author that this project can be utilized as a model for teachers who wish to further pursue similar teaching methods with their own students.Educatio
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