32 research outputs found
Analysis on ƒÀ and ƒÐ Convergences of East Asian Currencies
No full textThis paper investigates recent diverging trends among East Asian currencies as well as recent movements of the weighted average value of East Asian currencies (Asian Monetary Unit: AMU) and deviations (AMU Deviation Indicators) of the East Asian currencies from the average values by ƒÀ and ƒÐ convergence methods. Our empirical analysis shows that linkages with the US dollar have been weakening since 2001 or 2002 for some of the East Asian countries. On the other hand, the monetary authority of China continues stabilizing the exchange rate of the Chinese yuan against the US dollar even though it announced its adoption of a currency basket system. It is found that the weighted average of East Asian currencies has been appreciating against the US dollar while depreciating against the currency basket of the US dollar and the euro until the global financial crisis in 2008. Also, the analytical results on ƒÀ and ƒÐ Convergences show that deviations among the East Asian currencies have been widening@in recent years, reflecting the fact that these countriesf monetary authorities are adopting a variety of exchange rate systems. In other words, a coordination failure in adopting exchange rate systems among these monetary authorities increases volatility and misalignment of intra-regional exchange rates in East Asia.
Widening Deviation among East Asian Currencies
No full textThis paper investigates recent diverging trends among East Asian currencies as well as recent movements of the weighted average value of East Asian currencies (Asian Monetary Unit: AMU) and deviations (AMU Deviation Indicators) of the East Asian currencies from the average values. Our empirical analysis shows that linkages with the US dollar have been weakening since 2001 or 2002 for some of the East Asian countries. On the other hand, the monetary authority of China continues stabilizing the exchange rate of the Chinese yuan against the US dollar even though it announced its adoption of a currency basket system. It is found that the weighted average of East Asian currencies has been appreciating against the US dollar in recent years while depreciating against the currency basket of the US dollar and the euro. Also, deviations among the East Asian currencies have been widening in recent years, reflecting the fact that these countries' monetary authorities are adopting a variety of exchange rate systems. In other words, a coordination failure in adopting exchange rate systems among these monetary authorities increases volatility and misalignment of intra-regional exchange rates in East Asia.
Analysis on β and σ Convergences of East Asian Currencies
No full textThis paper focuses on recent events which include the RMB reform in China and the global financial crisis to investigate statistically recent diverging trends among East Asian currencies. For the purpose, their weighted average value (Asian Monetary Unit: AMU) and their deviations (AMU Deviation Indicators) from benchmark levels are used to analyze both β and σ convergences of East Asian currencies. Our analytical results show that the monetary authority of China has still kept stabilizing the exchange rate of the Chinese yuan against only the US dollar even though it announced its adoption of a managed floating exchange rate system with reference to a currency. Analytical results on β and σ convergences show that deviations among the East Asian currencies have been diverging in recent years, especially after 2005. The widening deviations reflect not the RMB reform but recent international capital flows and the global financial crisis. In addition, it is important as its background that the monetary authorities of the countries are adopting a variety of exchange rate systems. In other words, a coordination failure in adopting exchange rate systems among these monetary authorities increases volatility and misalignment of intra-regional exchange rates in East Asia.
PERBANDINGAN KARAKTER TOKOH FILM MEET ME AFTER SUNSET DENGAN TAIYO NO UTA (SEBUAH KAJIAN SASTRA BANDINGAN)
No full textMurtadho, Iqbal. 2020. “Comparison of The Main Character in The Movie Meet Me After Sunset and Taiyo No Uta: A Comparative Literature Study”. Thesis. Indonesian Literature Strata I Program. Faculty of Cultural Sciences, Diponegoro University, Semarang. Supervised by Dr. Sukarjo Waluyo, S.S., M.Hum. dan Laura Andri, R.M., S.S., M.A.
The object of research that author use is Meet Me After Sunset and Taiyo No Uta. The purpose of this study is to describe elements of the structure of narratology in Meet Me After Sunset and Taiyo No Uta and comparison of main character in Meet Me After Sunset and Taiyo No Uta. The research method that used is a comparative method with a structural approach. The steps that used by the research is data sources, data analysis techniques, and presentation of analysis result. The data source of this research is Meet Me After Sunset and Taiyo No Uta .
Based on the research that has been done, it can be concluded that the structure of Meet Me After Sunset and Taiyo No Uta includes: story and plot, time sequence, space, characters and characterization, objectives, problems and conflicts, and narrative structure patterns. There are similarities in main character: simple and respect the efforts oh others. The differences between two main character is influenced by public response. The public’s response in Meet Me After Sunset tended to be mocking, so the main character becomes gloomy and unsocial. Contrary, the main character in Taiyo No Uta tended happy and loves to be social.
Keywords: Movie, structural, compariso
Traduzindo literatura proletária japonesa : estudo e tradução de Taiyo no nai machi, de Sunao Tokunaga
No full textOrientador: Prof. Dr. Mauricio Mendonça CardozoDissertação (mestrado) - Universidade Federal do Paraná, Setor de Ciências Humanas, Programa de Pós-Graduação em Letras. Defesa : Curitiba, 26/02/2025Inclui referênciasResumo: A Literatura Proletária Japonesa continua desconhecida e pouco traduzida no Brasil. Esse movimento literário se desenvolveu em território nipônico nas décadas de 1920 e 1930. Sunao Tokunaga (1899-1958) é considerado um dos principais escritores proletários do Japão. Ele escreveu obras ficcionais e teórico críticas, além de ter exercido papel central na fundação de sindicatos e organizações literárias. Taiyo no nai machi, seu romance de estreia, é a única obra do autor traduzida para o português do Brasil. A narrativa coloca no centro do debate as condições de vida da classe trabalhadora e a desigualdade social de um país em processo de transição de um modelo econômico predominantemente agrário para o capitalismo industrial. Partindo de uma compreensão de tradução como atividade de ordem crítica, este trabalho esboça um projeto de tradução desse romance de Tokunaga e traduz, para o português brasileiro, uma pequena seleção de trechos considerados exemplares de questões significativas que a tradução da obra suscitaAbstract: The Japanese Proletarian Literature remains unknown and little translated in Brazil. This literary movement has been developed in Japan in the 1920s and 1930s. Sunao Tokunaga (1899-1958) is considered one of the most notable Japanese proletarian writers. He wrote fictional and theoretical-critical works, as well as played a central role in the foundation of labor unions and literary organizations. Taiyo no nai machi, his debut novel, is the only work by the author to have been translated into Brazilian Portuguese. The narrative puts at the center of the debate the living conditions of the working class and the social inequality of a country in the transition from a predominantly agrarian economic model to industrial capitalism. Based on an understanding of translation as a critical activity, this dissertation outlines a translation project for Tokunaga's novel and translates into Brazilian Portuguese a small selection of passages considered to be exemplary of the significant issues raised by the translation of the wor
Mortgage Prepayment Rate Estimation with Machine Learning
No full textThe aim of this thesis is to forecast the evolution of the prepayment rate in a mortgage portfolio. In the Netherlands, people with a loan have the possibility to repay (part of) their outstanding loan before the due date. These prepayments make the length of the portfolio of loans stochastic, which creates problems in the refinancing policy of the bank, and affects the Asset & Liability Management. Moreover, interest rate risk arises from prepayments, meaning that being able to forecast the prepayment rate can increase the performance of the hedging strategy of a bank. Given the magnitude of the mortgage portfolio in the balance sheet of a bank, estimating the prepayment rate is therefore crucial. There are two kinds of models in the literature, the optimal prepayment model, which sees prepayment as a consequence of rational behavior (e.g. prepayments are always exercised at an optimal time), and the exogenous model which also takes into account other macroeconomic variables, client specifics and loan characteristics. Our focus will be on the second kind of techniques, precisely we will approach the problem as a classification task that will be carried out with two different machine learning techniques: Random Forests and Artificial Neural Networks.Since prepayments are rare events, this leads to an imbalanced data set framework. The imbalance between classes creates complications in the development of the algorithm, hence ad hoc corrections are applied to solve them.Applied Mathematic
Gravity with multiple tariff schemes
No full textapplication/pdfIDP000614_001This study contributes to the literature on gravity analysis by explicitly incorporating both most favored nation (MFN) rates and regional trade agreement (RTA) rates. Our gravity equation considers the fact that all exporters do not necessarily utilize RTA schemes, even when exporting to their RTA partners. We apply the tariff line–level data on worldwide trade to this gravity equation. As a result, we find a significantly negative coefficient for the (log) ratio of RTA rates to MFN rates. From the quantitative point of view, we show that in the first year of the Japan–Australia Economic Partnership (i.e., 2015), exports from Australia to Japan are expected to increase by 6% compared with the exports in 2014. Furthermore, it is shown that, based on the subsequent reduction in RTA rates, the magnitude of the trade-creation effect through tariff reductions gradually rises over time.technical repor
