9,303 research outputs found

    Byrne Stanton letter to A.B. Stanson, January 16, 1904

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    Letter from Byrne Stanton of Cincinnati, son of Dr. Benjamin Stanton of Salem, Ohio, to A. B. Stanson at the Periodical Division of the Library of Congress, in response to Stanson's recent inquiry concerning Lundy's anti-slavery periodicals. The letter details Lundy's publishing history and involvement in the abolitionist movement, leading up to his publication of the Genius of Universal Emancipation in 1821. A. B. Stanson, it seems, has been interested in acquiring a complete collection of the papers for the Library of Congress. Benjamin Lundy (1789-1839) was a prominent Quaker abolitionist best known for his development of abolitionist periodicals. His Genius of Universal Emancipation was first published in 1821 from his home in Mt. Pleasant, Ohio, and enjoyed a wide circulation across the antebellum United States. In the 1820s, the young William Lloyd Garrison came to work for The Genius. Benjamin Lundy traveled widely seeking subscriptions to The Genius, giving talks about the anti-slavery movement, and observing and documenting the conditions of enslaved people across the Americas. He was also involved in the establishment of freed slave colonies in Mexico

    A New Proposal for Collection and Generation of Information on Financial Institutions' Risk: the case of derivatives

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    This article aims at providing a new alternative for the collection of information on risks taken by financial institutions, which enables the calculation of risk tools usually used in risk management, such as VaR and stress tests. This approach should help risk managers, off-site supervision and academics in assessing the potential risks in financial institutions principally due to derivatives positions. The basic idea, for linear financial instruments, like the traditionally used by the management risk systems, is to reduce positions in risk factors and then mapping by vertices. For the nonlinear financial instruments all of the positions in different types of options – European, Americans, exotic, etc.– are represented as plain vanilla European options or replicated by portfolios of plain vanilla European options. The methodology was applied to Brazil, within the worst scenarios during the period from 1994 to 2004, and the paper demonstrates that the proposed approach captured the risks satisfactorily in the analyzed portfolios, including the risk existent in the strategies involving options, given an accepted error margin. This approach could be useful for regulators, risk managers; financial institutions and risk management modeling as it can be used as an input in general risk management models.

    Public worship and practical theology in the work of Benjamin Keach (1640-1704)

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    The late seventeenth century was a critical and fruitful period for the Particular Baptists of England. Severely persecuted following the Restoration, toleration in 1689 brought its own perils. Particular Baptists were fortunate in having several strong leaders, especially the London trio of Hanserd Knollys, William Kiffin, and Benjamin Keach. Such a small and severely persecuted group as the Baptists could afford little time for academic pursuits, thus of necessity most of their theology was practical in nature. Benjamin Keach (1640-1704) was the most outstanding practical theologian among the English Particular Baptists of the late seventeenth century. This dissertation is a study of Keach, in particular his writings on public worship and practical theology. Although Keach was a prolific author, he has been almost completely neglected by scholars. After a biographical sketch of Keach, this study considers his writings on public worship and practical theology. In the area of worship, Keach made two outstanding contributions: First, he was the most vocal apologist for Baptist views on Baptism of his period. Secondly, and more importantly, his hymn writing and defense of hymn singing broke new ground, not just for Baptists, but for English Protestantism, in general. In addition to his contributions in these areas, he also dealt with the laying on of hands and the sabbath day worship controversy. Keach's contributions to practical theology fall into two main groups: his writings that concern religious education and those that deal with polity. In addition to these, Keach's vigorous advocacy of a high Calvinist soteriology are also considered under the rubric of practical theology. Keach's most important (although not his most positive) contribution in this area were his soteriological writings. Although well within the bounds of orthodoxy, some of the tendencies in Keach's soteriology were taken up by the following generation of Baptist leaders and developed into a stultifying hyper-Calvinism that handicapped Baptist evangelism and missions. In the conclusion, Keach's contributions to a theory of practical theology are considered

    Ruha Benjamin, 2023

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    Ruha Benjamin is the Alexander Stewart 1886 Professor of African American Studies at Princeton University, founding director of the Ida B. Wells Just Data Lab, and author of the award-winning book Race After Technology: Abolitionist Tools for the New Jim Code, among many other publications. Her work investigates the social dimensions of science, medicine and technology with a focus on the relationship between innovation and inequity, health and justice, knowledge and power. She is the recipient of numerous awards and honors, including the Marguerite Casey Foundation Freedom Scholar Award and the President’s Award for Distinguished Teaching at Princeton. Her most recent book, Viral Justice: How We Grow the World We Want, winner of the 2023 Stowe Prize, was born out of the twin plagues of COVID-19 and police violence and offers a practical and principled approach to transforming our communities and helping us build a more just and joyful world. Location: Ballroom, Inn at Ole Misshttps://egrove.olemiss.edu/meredith_lecture/1000/thumbnail.jp

    A Macro Stress Test Model of Credit Risk for the Brazilian Banking Sector

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    This paper proposes a model to conduct macro stress test of credit risk for the banking system based on scenario analysis. We employ an original bank level data set with disaggregated credit loans for business and consumer loans. The results corroborate the presence of a strong procyclical behavior of credit quality, and show a robust negative relationship between (the logistic transformation of) NPLs and GDP growth, with a lag response up to three quarters. The models also indicate substantial variations in the cyclical behavior of NPLs across credit types. Stress tests suggest that the banking system is well prepared to absorb the credit losses associated with a set of distressed macroeconomic scenarios without threatening financial stability.

    Forecasting Exchange Rate Density using Parametric Models: The Case of Brazil

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    This paper employs a recently developed parametric technique to obtain density forecasts for the Brazilian exchange rate, using the exchange rate options market. Empirical results suggest that the option market contains useful information about future exchange rate density. These results suggests that density forecasts using options markets may add value for portfolio and risk management, and may be useful for financial regulators to assess financial stability.

    Supporting Data for “Why So Slow? Mechanistic Insights from Studies of a Poor Catalyst for Polymerization of ε-Caprolactone”

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    These files contain data along with associated output from instrumentation supporting all results reported in Stasiw, D. E.; Mandal, M.; Neisen, B. D.; Mitchell, L. A.; Cramer, C. J.; Tolman, W. B. Why so slow? Mechanistic insights from studies of a poor catalyst for polymerization of ε-caprolactone. Inorg. Chem., 2016, 56, 725–728. Polymerization of ε-caprolactone (CL) using an aluminum alkoxide catalyst (1) designed to prevent unproductive trans binding was monitored at 110 °C in toluene-d8 by 1H NMR and the concentration versus time data fit to a first-order rate expression. A comparison of t1/2 for 1 to values for many other aluminum alkyl and alkoxide complexes shows much lower activity of 1 toward polymerization of CL. Density functional theory calculations were used to understand the basis for the slow kinetics. The optimized geometry of the ligand framework of 1 was found indeed to make CL trans binding difficult: no trans-bound intermediate could be identified as a local minimum. Nor were local minima for cis-bound precomplexes found, suggesting a concerted coordination–insertion for polymer initiation and propagation. The sluggish performance of 1 is attributed to a high-framework distortion energy required to deform the “resting” ligand geometry to that providing optimal catalysis in the corresponding transition-state structure geometry, thus suggesting a need to incorporate ligand flexibility in the design of efficient polymerization catalysts.. Corresponding author for experimental data is William B. Tolman ([email protected]). Corresponding author for computational data is Christopher J. Cramer ([email protected]).Funding for this project was provided by the Center for Sustainable Polymers at the University of Minnesota, a National Science Foundation (NSF)-supported Center for Chemical Innovation (Grant CHE-1413862). The X-ray diffraction experiments were performed using a crystal diffractometer acquired through NSF-MRI Award CHE-1229400. The authors acknowledge the MSI at the University of Minnesota for providing resources that contributed to the research results.Tolman, William, B; Cramer, Christopher, J; Stasiw, Daniel E; Mandal, Mukunda; Neisen, Benjamin D; Mitchell, Lauren A. (2017). Supporting Data for “Why So Slow? Mechanistic Insights from Studies of a Poor Catalyst for Polymerization of ε-Caprolactone”. Retrieved from the University Digital Conservancy, https://doi.org/10.13020/D6F60H

    Linking Financial and Macroeconomic Factors to Credit Risk Indicators of Brazilian Banks

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    This study constructs a set of credit risk indicators for 39 Brazilian banks, using the Merton framework and balance sheet information on the banks’ total assets and liabilities. Despite the simplifying assumptions, the methodology captures well several stylized facts in the recent history of Brazil. In particular, it identifies deterioration in the credit risk indicators of the banking sector, following the crisis in the early 2000s. The risk indicators were regressed against a number of macro-financial variables at both individual and systemic level, showing that an increase in the system EDF, interest rates, and CDS spreads will lead to a deterioration of the individual expected default probability.
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