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weitere Zeitschriftenartikel

01.12.2020 | Research | Ausgabe 1/2020 Open Access

Physical-Layer-Security Box: a concept for time-frequency channel-reciprocity key generation

The motivation for this study about Physical Layer Security comes from bridging the gap between the vast theory and a feasible implementation. We propose a Physical-Layer-Security Box as a system-level Box is a system-level solution, named …

Marco Zoli, André Noll Barreto, Stefan Köpsell, Padmanava Sen, Gerhard Fettweis

25.09.2020 | Regular Article

The effect of a credit policy change on microenterprise upward transition and growth: evidence from Indonesia

This paper attempts to establish a causal relationship between a government micro and small enterprises (MSEs) credit promotion policy and MSEs’ upward transitions and growth. Indonesian firm level data in conjunction with the cancellation of a …

Ilmiawan Auwalin

25.09.2020 Open Access

Avoiding taxes: banks’ use of internal debt

This paper investigates how multinational banks use internal debt to shift profits to low-taxed affiliates. Using regulatory data on multinational banks headquartered in Germany, we show that banks use this tax avoidance channel more aggressively …

Franz Reiter, Dominika Langenmayr, Svea Holtmann

21.09.2020 | Original Research

Automatically running experiments on checking multi-party contracts

Contracts play an important role in business management where relationships among different parties are dictated by legal rules. Electronic contracts have emerged mostly due to technological advances and electronic trading between companies and …

Adilson Luiz Bonifacio, Wellington Aparecido Della Mura


Modelling currency demand: the case of the euro

Liquidity management is a key mission of a central bank. In particular, the adequate provision of banknotes requires the understanding of what drives currency demand. The challenge is even bigger in the case of the European monetary union where …

António Rua


The Real Effects of Universal Banking: Does Access to the Public Debt Market Matter?

I analyze the impact of the formation of universal banks on corporate investment by looking at the gradual dismantling of the Glass-Steagall Act’s separation between commercial and investment banking. Using a sample of US firms and their …

Stefano Colonnello

11.09.2020 | Original Research

Good Faith and Bad Health: Self-Assessed Religiosity and Self-Assessed Health of Women and Men in Europe

Religion exerts a powerful influence on many people’s lives. We investigate how self-assessed religiosity affects self-assessed health in Europe. Our sample consists of individuals with a native father and an immigrant mother from another European …

Niclas Berggren, Martin Ljunge

09.09.2020 Open Access

Contested multilateralism as credible signaling: how strategic inconsistency can induce cooperation among states

This paper analyzes how patterns of international cooperation are affected if a group of states, led by a major power, pursues a strategy of “contested multilateralism” (CM). We conceptualize CM as a reaction to deadlock in institutional …

Benjamin Faude, Michal Parizek


Breaking the Word Bank: Measurement and Effects of Bank Level Uncertainty

Banks differ from non-financial firms as banks must communicate to both regulators and shareholders. Also, unlike non-financial firms, banks possess opaque and complex balance sheets and are the main providers of credit to the real economy. In …

Paul E. Soto

29.07.2020 | Ausgabe 2/2020

Technology of Constructing an Impervious Diaphragm in the Lower Bureya Earth-Fill Dam

The design and construction of an impervious diaphragm as a “wall in trench” from secant bored piles in an earth-fill dam are described. It is for the first time in Russia that such a diaphragm was made as an independent project rather than a …

K. P. Kudrin, V. M. Korolev, E. S. Argal, E. V. Solov’eva


The Economic Contribution of a Cohort of New Firms Over Time

What is the economic contribution of a cohort of new entrants? Previous research has investigated this topic but only in passing, and found conflicting results. We analyze a cohort of 6578 firms that entered in 2004, and track them for 10 years …

Alex Coad, Julian S. Frankish, Albert N. Link

19.07.2020 | Original Paper

Monitoring of surface deformation in a low coherence area using distributed scatterers InSAR: case study in the Xiaolangdi Basin of the Yellow River, China

The Xiaolangdi Basin of the Yellow River, located between Mengjin County and Jiyuan City in Henan Province, is composed of a reservoir, a barrage dam, flood discharge buildings, and a water diversion and power generation system, among which, the …

Youfeng Liu, Hongdong Fan, Liang Wang, Huifu Zhuang

08.07.2020 | Research Article | Ausgabe 3/2020

Development banking under weak institutions and imperfect credit markets

Governments have created development banks in hopes of accelerating growth. Theoretical growth models that assess the pertinence of these banks are scarce and, none of them analyzes the implication of these banks under weak institutions and …

Reynaldo Senra Hodelin


Systemic credit freezes in financial lending networks

This paper develops a network model of interbank lending, in which banks decide to extend credit to their potential borrowers. Borrowers are subject to shocks that may force them to default on their loans. In contrast to much of the previous …

Daron Acemoglu, Asuman Ozdaglar, James Siderius, Alireza Tahbaz-Salehi

20.05.2020 | Research Article

Neural mechanism of visual information degradation from retina to V1 area

The information processing mechanism of the visual nervous system is an unresolved scientific problem that has long puzzled neuroscientists. The amount of visual information is significantly degraded when it reaches the V1 after entering the …

Haixin Zhong, Rubin Wang


The relationship between insurance and banking sectors in Sub-Saharan African: Does globalization matter?

This paper analyses the link between bank credit to private sector and insurance (life, non-life, and total insurance) activity and the role of globalization level in this relationship. To do this, we estimated with PMG estimator on a sample of 20 …

Relwendé Sawadogo

07.04.2020 | Original Paper | Ausgabe 4/2020

Effects of declining bank health on borrowers’ earnings quality: evidence from the European sovereign debt crisis

This study investigates whether the deterioration of banks’ financial health affects borrowers’ earnings quality. To examine this issue, we consider the European sovereign debt crisis a shock to the health of certain European banks; these banks …

Florian Kiy, Theresa Zick

01.04.2020 | Original Paper

Do National Cultures Matter for External Audits? Evidence from Eastern Europe and the Middle East

This study aims to examine the relationship between national cultural dimensions and the probability of a firm being externally audited. It uses a large set of representative micro-data from nearly 3000 firms across 34 industries in 13 countries …

Boubacar Diallo

01.04.2020 | Karriere | Ausgabe 4/2020

Stetiger Aufbauer

Anja Kühner

01.04.2020 | SPECIAL | Ausgabe 4/2020

Digitale Fitness stärken

An einer Mainframe-Modernisierung führt für die Finanzinstitute kein Weg mehr vorbei. Denn leistungsfähige IT-Systeme sorgen nicht nur für Schnelligkeit und Flexibilität, sondern können auch erhebliche Preisvorteile bringen.

Ulrich Meyer

23.03.2020 | Original Article | Ausgabe 3/2020

Catastrophe Theory Predicts International Concern for Global Warming

Global warming is considered one of the most far-reaching environmental problems facing human kind. Thus, understanding international concern for global warming might be the key in creating mitigation and adaptation policies. In this research we …

Mohamed M. Mostafa

20.03.2020 | Research Article | Ausgabe 2/2020

Transparency and market discipline: evidence from the Russian interbank market

This article investigates the role of bank voluntary disclosure, as a source of information about risk, in the interbank market. Using data on the 179 largest Russian banks over the period of 2004–2013 we test whether the ability to attract …

François Guillemin, Maria Semenova


GarNLP: A Natural Language Processing Pipeline for Garnishment Documents

Basic elements of the law, such as statuses and regulations, are embodied in natural language, and strictly depend on linguistic expressions. Hence, analyzing legal contents is a challenging task, and the legal domain is increasingly looking for …

Ilaria Bordino, Andrea Ferretti, Francesco Gullo, Stefano Pascolutti


Does energy aid improve energy efficiency in developing countries?

The study examines the effect of energy aid on the energy efficiency of 70 developing countries in the period 1990–2016. We consider two-stage least squares identification strategy to examine the energy aid-energy efficiency nexus empirically.

Admasu Asfaw Maruta, Rajabrata Banerjee

04.03.2020 | Regular Article | Ausgabe 4/2020 Open Access

An artificial Wicksell–Keynes economy integrating short-run business cycle and long-term cumulative trend

Economists have investigated how price–wage rigidity influences macroeconomic stability. A widely accepted view asserts that increased rigidity destabilizes an economy by requiring a larger quantity adjustment. In contrast, the Old Keynesian view …

Ichiro Takahashi, Isamu Okada

01.03.2020 | Original Article | Ausgabe 6/2020

The piezometric and isotopic analysis of leaks in earth dams: the case of the fountain of Gazelle dam, Biskra, Algeria

The problem of leaks in earth dams, especially in their foundations, frequently leads the operating services to consider or to seek for solutions to prevent and minimize risks of dam failure. In the present study, Fountain of Gazelles zoned dam …

A. Ratiat, T. Khettal, M. Meddi

14.02.2020 | Ausgabe 2/2020

Term structure modelling for multiple curves with stochastic discontinuities

We develop a general term structure framework taking stochastic discontinuities explicitly into account. Stochastic discontinuities are a key feature in interest rate markets, as for example the jumps of the term structures in correspondence to …

Claudio Fontana, Zorana Grbac, Sandrine Gümbel, Thorsten Schmidt

06.02.2020 | Original Paper Open Access

Identity Drift: The Multivocality of Ethical Identity in Islamic Financial Institution

In today’s neo-liberalist world, Islamic financial institutions (IFIs) face many difficulties combining contemporary financial thinking with Islamic, faith-based principles, on which their day-to-day operations ought to be based. Hence, IFI are …

Nunung Nurul Hidayah, Alan Lowe, Ivo De Loo

22.01.2020 | Research Article | Ausgabe 2/2020 Open Access

Deposit insurance and the coexistence of commercial and shadow banks

We investigate how deposit insurance affects the structure of the financial system in a general equilibrium setting in which a government insurer guarantees deposits at commercial banks, but not at shadow banks. With deposit-based or …

Stephen F. LeRoy, Rish Singhania

21.01.2020 | Original Article | Ausgabe 1/2020

The social innovation Momentum: a qualitative analysis of governance and funding processes

Social innovation projects are enablers of social wellbeing and value in communities, although such relationship has received little attention from the academia. Taking into account the social value for the communities, this paper aims to explore …

Tânia Martins, Alexandra Braga, Vítor Braga, Marisa R. Ferreira


The limits of central bank independence for inflation performance

The independence of the central bank is routinely regarded as sacrosanct, at least for governments wishing to maintain credible monetary policy to meet inflation objectives. Yet empirical efforts to ascertain that routine economic policy advice …

Jamus Jerome Lim

01.01.2020 | Titel | Ausgabe 1/2020

Kapitalvorschriften nehmen kein Ende

Finanzinstitute auf der ganzen Welt sollen sicherer werden. Jedoch müssen vor allem europäische Banken mit strengeren Anforderungen rechnen. Die Geldhäuser hierzulande sind aber noch mit der Umsetzung oder Überarbeitung bereits gültiger Regeln beschäftigt und bereiten sich auf Basel IV vor.

Barbara Bocks


The interest group origins of the Bank of France

This paper contrasts different interpretations of the creation of the Bank of France. I argue that the Bank of France was the product of rent-seeking behavior rather than the pursuit of public interest, as is commonly supposed. I explain how the …

Louis Rouanet

01.12.2019 | Research | Ausgabe 1/2019 Open Access

Accessing finance among women-owned small businesses: evidence from lower Manya Krobo municipality, Ghana

The study examined the constraints to accessing finance among women-owned small businesses in the Lower Manya Krobo Municipality in the Eastern Region, Ghana. We employed largely qualitative methods using the case study approach. The purposive and …

Simon Boateng, Kwabena Osei Poku

26.11.2019 | Original Paper | Ausgabe 4/2020

Multi criteria study for seismic hazard assessment of UNESCO world heritage Ahmedabad City, Gujarat, Western India

Ahmedabad, the most populous city of Gujarat, assigned zone III in the seismic zone map of India (BIS 2002), has experienced moderate earthquakes in the past. Several high-rise buildings were collapsed or severely damaged in the city during 2001 …

Vinay Kumar Dwivedi, R. K. Dubey, Vasu Pancholi, Madan Mohan Rout, Pawan Singh, B. Sairam, Sumer Chopra, B. K. Rastogi

07.11.2019 | Ausgabe 1/2020

Improved filter bank on multitaper framework for robust Punjabi-ASR system

Robustness of the automatic speech recognition (ASR) system relies upon the accuracy of feature extraction and classification in training phase. The mismatch between training and testing conditions during classification of large feature vectors …

Virender Kadyan, Archana Mantri, R. K. Aggarwal

30.10.2019 | Geotechnical Engineering | Ausgabe 12/2019

Hazard Prediction for Baishuihe Landslide in the Three Gorges Reservoir during the Extreme Rainfall Return Period

Landslide hazard prediction for the Three Gorges area is necessary for mitigating geohazards, especially under extreme rainfall conditions. A method for calculating rainfall in the extreme rainfall return period was first proposed. Then …

Deying Li, Fasheng Miao, Yuanhua Xie, Chin Leo

29.10.2019 | Ausgabe 3/2020

The LOLR Policy and its Signaling Effect in a Time of Crisis

When a government implements an LOLR policy during a crisis, creditors can infer a bank’s quality by whether the bank borrows government loans. We establish a formal model to study an LOLR policy in the presence of this signaling effect. We find …

Mei Li, Frank Milne, Junfeng Qiu


Incentive mechanism to prevent moral hazard in online supply chain finance

With e-commerce developing rapidly, banks have begun to cooperate with online platform operators to finance small and medium-sized enterprises (SMEs). However, this process engenders its own unique financial risks. This study highlights and …

Qiang Lin, Ying Peng

24.09.2019 | Original Paper | Ausgabe 10/2019

A material and component bank to facilitate material recycling and component reuse for a sustainable construction: concept and preliminary study

“Sustainability” is one of the most concerned words to the human society worldwide at present, which significantly affects human social activities and earth environment. It usually involves most of the aspects of the human society from technology …

Gaochuang Cai, Danièle Waldmann

10.09.2019 | Ausgabe 1/2020

A simultaneous multithreading processor architecture with predictable timing behavior

Real-time embedded systems need software and hardware to be time-predictable to guarantee the correct behavior of the system. Precision Timed Machines are architectures designed for timing predictability and repeatability. They help to improve …

Hadley Magno Siqueira, Marcio Eduardo Kreutz

08.08.2019 | Ausgabe 3/2019

Performance comparison of sparsifying basis functions for compressive speech enhancement

Speech enhancement using Compressive Sensing algorithm is a different paradigm from the conventional enhancement and compression techniques. Compressive Sensing requires very less number of samples compared to the Nyquist sampling for the purpose …

Smriti Sahu, Neela Rayavarapu

01.08.2019 | Ausgabe 2/2019

Stable Coins Are so Hot Right Now

A glimpse behind the scenes
Theo Goodman

27.07.2019 | Ausgabe 1/2020

Speed Up the Training of Neural Machine Translation

Neural machine translation (NMT) has achieved notable achievements in recent years. Although existing models provide reasonable translation performance, they cost too much training time. Especially, when the corpus is enormous, their computational …

Xinyue Liu, Weixuan Wang, Wenxin Liang, Yuangang Li

17.07.2019 | Ausgabe 3/2019

Features of Gravitational Flow of Heated Air in an Exhaust Shaft Above a Multirow Finned Bank

The authors have carried out investigations into the introduction of hot-air heating systems in buildings and structures, and also the applicability of mixed convection in calorifers of recirculating air heaters. The heat transfer of two- and …

A. B. Sukhotskii, G. S. Marshalova

05.06.2019 | Original Paper | Ausgabe 6/2019

Bank customers’ decision-making process in choosing between ethical and conventional banking: a survey-based examination

Although the banking industry is increasingly focused on the issue of sustainability, the market share held by ethical banks remains small. This study applies models of ethical decision-making to investigate the reasons why customers choose …

Sarah Bayer, Henner Gimpel, Serkan Sarikaya

15.05.2019 | Research Article | Ausgabe 3/2019

Optimal bailouts, bank’s incentive and risk

We show how the impact of a government bailout in the form of liquidity assistance on the ex ante effort of a representative bank depends on the volatility of its investment. The bank’s investment delivers a cashflow that follows a geometric …

Marcella Lucchetta, Michele Moretto, Bruno M. Parigi

14.05.2019 | Ausgabe 4/2019

Noise Removal Using HWD Implemented by Dmeyer and Kaiser Window

In the present era, transfer of digital images via communication channel is affected by noise. Received images need to be processed so that noise is eliminated, which requires information about the noise and the image. Noise is an unwanted signal …

Mohammad Ghanbarisabagh, Gobi Vetharatnam, Setareh Babak

16.04.2019 | Ausgabe 8/2019 Open Access

A qualitative study investigating the meaning of participation to improve the measurement of this construct

There is increasing awareness that participation is important to an inclusive society, including people with and without disabilities, and their families [ 1 ]. Participation is also considered a determinant of health [ 2 ]. However, the ability to …

Astrid de Wind, Allard J. van der Beek, Edwin J. Boezeman, Rosalie Swenneker, Johannes R. Anema, Angela G. E. M. de Boer, Heleen Beckerman, Jan L. Hoving, Karen Nieuwenhuijsen, Micky Scharn, Mariska Stam, Caroline B. Terwee, Monique H. W. Frings-Dresen, Sietske J. Tamminga

02.04.2019 | Regular Article | Ausgabe 1/2020

Networks and market-based measures of systemic risk: the European banking system in the aftermath of the financial crisis

This article investigates the behaviour of the European banking system during the financial crises that occurred in the last decades. Among the various approaches for measuring systemic risk, we consider network analysis, which describes the …

Gian Paolo Clemente, Rosanna Grassi, Chiara Pederzoli

01.04.2019 | Development | Ausgabe 4/2019

Cylinder Individual Cam Timing in a V8 Engine

Using a 90° cross-plane crankshaft in a V8 engine is always a compromise between comfort and performance. Although it offers the possibility of balancing free inertia forces and moments, this always results in an unfavorable firing distance …

Giovanni Corvaglia, Matthias Böger, Vincenzo Bevilacqua

29.03.2019 | Ausgabe 6/2020

The Moses effect: can central banks really guide foreign exchange markets?

Central banks seek to guide the foreign exchange market through interventions. However, the success of the central bank in guiding the forex markets, much like the biblical Moses, depends on the differing perceptions and resulting bid–ask spreads …

Smita Roy Trivedi

27.03.2019 | Ausgabe 6/2020

Banking sector development and economic growth in developing countries: a bootstrap panel Granger causality analysis

The purpose of this paper is to revisit the Granger causal relationship between banking sector development and economic growth for forty developing countries in the period 1970–2012. In order to capture the different aspects of banking sector …

Khalil Mhadhbi, Chokri Terzi, Ali Bouchrika

25.03.2019 | Ausgabe 2/2019

Equivalence between multirate filter bank and circular lattice filter and its application in statistically matched multirate filter bank

In this paper we address the issue of finding multirate filter bank matched to a given signal. The salient contributions, of this paper can be summarized as follows: (i) a precise mathematical equivalence, between M-channel circular lattice filter …

S. L. Nalbalwar, S. D. Joshi


Content shared between banks and users on the social ecosystem: an inductive exploratory inquiry

Social Media are a current and relevant phenomenon for the banking sector: their use is changing the way financial products and services are offered and the relationship banks have with clients and with stake-holders. Therefore, also for credit …

Alessandro Gandolfo

01.03.2019 | Ausgabe 5/2019

Development of Russian Once-Through Heat-Recovery Steam Generators for CCPPs of Various Capacities

The foreign experience of using once-through heat-recovery steam generators (HRSG) in CCPPs is presented. Russian developments of once-through HRSGs of various configurations based on modern gas turbines are considered. Design procedures for …

E. V. Somova

15.02.2019 | Ausgabe 2/2019

Performing Revolutionary Populism: The Revolutionary Path Movement in Turkey

Revolution scholars have noted the utility of populist appeals for creating a broad-based revolutionary movement. Yet little is known about how activists enact populism in order to mobilize mass support for a revolutionary political project. This …

Kerem Morgül

01.02.2019 | Original Article | Ausgabe 3/2019

Assessment of 2010 flood disaster causes and damages in district Muzaffargarh, Central Indus Basin, Pakistan

In this paper, we assessed 2010 flood-generating factors and extent of damages in one of the severely affected areas in the Central Indus Basin, Pakistan. This study is based on mixed research approach. Primary data were collected through a …

Shakeel Mahmood, Atta-ur Rahman, Asif Sajjad

14.01.2019 | Ausgabe 1/2020

Monetary policy options for managing resource revenue shocks when fiscal policy is laissez-faire

This study examines the implications of alternative monetary policy regimes to deal with resource revenue shocks when fiscal policy is laissez-faire—that is, when the government spends all resource revenue windfalls contemporaneously. A …

Chuku Chuku

04.01.2019 | Original Paper | Ausgabe 7/2019

Analytic Assessment of the Water Table Drawdown, Seepage, and Back Pressure at Rudbar PSPP

The impoundment of the Rudbar dam raised underground water level. On the right bank, the elevation of the water table is monitored in exploratory boreholes. The water table has remained below the level of the reservoir. The lower level of the …

Mohamed El Tani, Abbas Kamali, Mohamed Ali Gholami

03.01.2019 | Research Article | Ausgabe 4/2019

Chinese Foreign Direct Investment and Argentina: Unraveling the Path

This article explores the political economy of Chinese outward foreign direct investment (FDI) in Argentina during the reign of Nestor Kirchner and Cristina Fernandez. Among other things, it contemplates possible links between Chinese outward FDI …

Javier Luque

01.12.2018 | Research | Ausgabe 1/2018 Open Access

Optimum low complexity filter bank for generalized orthogonal frequency division multiplexing

Generalized frequency division multiplexing (GFDM) is one of the multicarrier modulation candidates proposed for the 5th generation of wireless networks. Among GFDM linear receivers, GFDM MMSE receiver achieves the best error performance for …

Mohammad Hadi Abbaszadeh, Babak H. Khalaj, Afrooz Haghbin

13.11.2018 | Original Article | Ausgabe 4/2018

Antecedents and consequences of perceived student employability in Qatar: parental perspective

The aim of this research is to examine the factors that influence parental perceptions of the image of Qatar’s national university, Qatar University. The study builds on relevant scholarship on perceptions of organizational image and explores …

Rima Charbaji El-Kassem, Abdellatif Sellami, Elmogiera Fadlallh Elsaye Elawad

05.11.2018 | Symposium: Alfred Kazin’s Legacy | Ausgabe 6/2018 Open Access

Kazin’s Trilling: A Cold War Portrait

This essay describes the eminent Americanist, critic, and New York intellectual, Alfred Kazin’s creation of a Lionel Trilling “character” in his 1978 autobiography, New York Jew, and his use of that character to critique significant features of …

Richard M. Cook

01.11.2018 | SPECIAL | Ausgabe 11/2018

Nicht jede Operation wird gelingen

Fast jedes Institut muss sein Kernbanksystem modernisieren. Frei zugänglich für Drittanbieter und deren Ideen soll es sein und Kundenanliegen in Echtzeit verarbeiten. Was so einfach klingt, hat allerdings seine Tücken.

Stefan Terliesner

01.11.2018 | Vertrieb | Ausgabe 11/2018

Informationen für Kunden nachvollziehbar nutzen

Die europäische Datenschutz-Grundverordnung hat viele Anforderungen für den Umgang mit personenbezogenen Daten mit sich gebracht. Die strengeren Regeln geben Finanzdienstleistern Anlass für eine gezielte Kundenansprache.

François Baumgartner

22.10.2018 | Original Paper | Ausgabe 6/2019

In situ failure investigation and time-dependent damage test for columnar jointed basalt at the Baihetan left dam foundation

Columnar jointed basalt (CJB), characterized by a hexagonal joint network, poses a great challenge for geotechnical designs due to its time-dependent propensity to deformation and damage. In this paper, the geometrical structure and failure modes …

Quan Jiang, Bin Wang, Xia-Ting Feng, Qi-Xiang Fan, Zhilin Wang, Shufeng Pei, Shan Jiang

16.10.2018 | Ausgabe 7/2020

A novel predicted replication strategy in cloud storage

Data replication is widely used in cloud storage and data grid to improve the parallel service efficiency and the performance of system, which can promote the file availability and system load balancing, reducing the response time with multiple …

Li He, Zhicheng Qian, Fengjun Shang

21.09.2018 | Ausgabe 2/2018

Evaluation of Concrete Structure Condition of the Volzhskaya Hydroelectric Power Plant

During the reconstruction of the Volzhskaya HPP, it is very important to determine the properties of the concrete and the strength parameters of the structures and buildings of the HPP. During field studies, the durability of concrete under …

L. S. Vasilevskaya, P. S. Anufrenkova, D. A. Gracheva

17.09.2018 | Ausgabe 1/2019

Defining Governance in Latin America

This exploratory research aims to propose a conceptual definition of governance and to speculate on the state of governance in Latin America. Political instability, corruption, government trust, the rule of law, and nascent democracy complicate …

Alejandro Rodriguez

14.09.2018 | Ausgabe 5/2018

Fault Leveling Techniques for Yield and Reliability Enhancement of NAND Flash Memories

Novel fault leveling techniques based on address remapping (AR) are proposed in this paper. We can change the logical-to-physical address mapping of the page buffer such that faulty cells within a flash page can be evenly distributed into …

Shyue-Kung Lu, Shang-Xiu Zhong, Masaki Hashizume

20.08.2018 | Research Article | Ausgabe 6/2019

System architecture for high-performance permissioned blockchains

Blockchain(BC), as an emerging distributed database technology with advanced security and reliability, has attracted much attention from experts who devoted to e-finance, intellectual property protection, the Internet of Things (IoT) and so forth.

Libo Feng, Hui Zhang, Wei-Tek Tsai, Simeng Sun

10.08.2018 | Ausgabe 2/2019

Optimized Gabor Feature Extraction for Mass Classification Using Cuckoo Search for Big Data E-Healthcare

Widespread use of electronic health records is a major cause of a massive dataset that ultimately results in Big Data. Computer-aided systems for healthcare can be an effective tool to automatically process such big data. Breast cancer is one of …

Salabat Khan, Amir Khan, Muazzam Maqsood, Farhan Aadil, Mustansar Ali Ghazanfar

09.08.2018 | Ausgabe 3/2019

Oblivious Network RAM and Leveraging Parallelism to Achieve Obliviousness

Oblivious RAM (ORAM) is a cryptographic primitive that allows a trusted CPU to securely access untrusted memory, such that the access patterns reveal nothing about sensitive data. ORAM is known to have broad applications in secure processor design …

Dana Dachman-Soled, Chang Liu, Charalampos Papamanthou, Elaine Shi, Uzi Vishkin


Borrower discouragement: the role of informal turndowns

This research seeks to add to our understanding about discouraged borrowers by examining the roots of discouragement. It examines the role of informal turndowns in which a commercial lender verbally informs a SME owner that if a formal loan …

Anoosheh Rostamkalaei, Miwako Nitani, Allan Riding

31.07.2018 | Ausgabe 3/2018

Blind digital speech watermarking using filter bank multicarrier modulation for 5G and IoT driven networks

Today’s world is a domain of Social Networks with millions of people sharing valuable information over the Internet. In the future wireless networks like 5G, it is estimated that 20 billion devices will be connected with the internet (IoT).

Javaid A. Sheikh, Sakeena Akhter, Shabir A. Parah, G. Mohiuddin Bhat

16.07.2018 | Ausgabe 4/2018

Address Remapping Techniques for Enhancing Fabrication Yield of Embedded Memories

Error correction code (ECC) and built-in self-repair (BISR) techniques have been widely used for improving the yield and reliability of embedded memories. The targets of these two schemes are transient faults and hard faults, respectively.

Shyue-Kung Lu, Hao-Cheng Jheng, Hao-Wei Lin, Masaki Hashizume

03.07.2018 | Ausgabe 2/2019

Dynamic analysis of trade balance behavior in a small open economy: the J-curve phenomenon and the Czech economy

This paper focuses on empirical investigation of the J-curve phenomenon in the Czech economy. There are emphasized some problem areas of past research and suggested, from our point of view, better practices. The entire analysis is framed within …

Martin Gürtler

16.06.2018 | Ausgabe 10/2018

Understanding patient-reported outcome measures in Huntington disease: at what point is cognitive impairment related to poor measurement reliability?

Huntington disease (HD) is an autosomal dominant neurodegenerative disease that affects approximately 1 in 10,000 individuals [ 1 – 4 ]. HD is both insidious and progressive. The motor, cognitive, and psychiatric symptoms that are characteristic of …

N. E. Carlozzi, S. Schilling, A. L. Kratz, J. S. Paulsen, S. Frank, J. C. Stout

06.06.2018 | Original Article | Ausgabe 3/2018

Individuals’ Perception and Processing of Risk Information: Exploratory Evidence from Germany

This paper presents a first exploratory study to analyze private investors’ perceptions regarding risk reporting. With the help of think-aloud protocols, we gain insight into how and to what extent readers perceive risk information of a German …

Kathrin Kureck, Susanne Homölle

25.05.2018 | Ausgabe 3/2018

Mathematical Modeling of the Effect of “Splashing out” and Optimization of Management of Banking and Economic Systems Under Globalization Conditions

The problem of mathematical modeling of the “splashing out” effect is considered. The existence of this phenomenon was observed some time ago by specialists-practitioners who were forced to make management decisions affecting the dynamics of …

V. V. Khilenko

01.05.2018 | Energy Conservation, New and Renewable Energy Sources | Ausgabe 5/2018

Hybrid Electric Energy Storages: Their Specific Features and Application (Review)

The article presents a review of various aspects related to development and practical use of hybrid electric energy storages (i.e., those uniting different energy storage technologies and devices in an integrated system) in transport and …

O. S. Popel’, A. B. Tarasenko

01.05.2018 | Original Article | Ausgabe 10/2018

Responses of the braided channel to reduced discharge and lateral inputs of aeolian sand in the Ulan Buh Desert Reach of the Upper Yellow River

The UlanBuh Desert reach belongs to the upper reaches of the Yellow River located in Inner Mongolia Autonomous Region (China), which has developed a sandy bed. This reach that flows across aeolian dunes field of the UlanBuh Desert has caused large …

Yongshan Li, Haibing Wang, Qimin Ma

27.04.2018 | Research Article - Civil Engineering | Ausgabe 10/2018

Effectiveness of Consistency Measures in Crash Prediction Models for Two-Lane Highways in Palestine

Crash prediction models (CPMs) are important tools to predict the safety performance of highways based on their operational and geometric characteristics. Most of these models use geometric design characteristics to predict the number of crashes.

Khaled Al-Sahili, Mohammed Dwaikat, Sameer Abu-Eisheh, Wael Alhajyaseen

26.04.2018 | Original Paper | Ausgabe 4/2018

Adjustable VAr compensator with losses reduction in the electric system

Among the existing power quality problems, the reactive power compensation plays a key role once it helps to maintain the system stability and increases the efficiency. Currently, there are many solutions for reactive power compensation, which …

M. E. C. Brito, M. C. Cavalcanti, L. R. Limongi, F. A. S. Neves, G. M. S. Azevedo

25.04.2018 | Ausgabe 2/2018 Open Access

Mortgaging Europe’s Periphery

This paper asks why peripheral European countries have been particularly vulnerable to housing and mortgage booms in recent decades; how these booms have shaped their exposure to the global financial crisis (GFC), and how the GFC has affected …

Dorothee Bohle

16.04.2018 | Ausgabe 4/2018 Open Access

Governance, religious assurance and Islamic banks: Do Shariah boards effectively serve?

This study examines the quality of governance and religious assurance provided by Shariah boards (SBs) when undertaking the crucial compliance review required in fulfilling the expected ethical and social legitimacy of Islamic banks. To better …

Nurfarahin M. Haridan, Ahmad F. S. Hassan, Yusuf Karbhari

04.04.2018 | Ausgabe 6/2018

Hardware Transactional Memory Exploration in Coherence-Free Many-Core Architectures

High-end embedded systems, like their general-purpose counterparts, are turning to many-core cluster-based shared-memory architectures that provide a shared memory abstraction subject to non-uniform memory access costs. In order to keep the cores …

Dimitra Papagiannopoulou, Andrea Marongiu, Tali Moreshet, Luca Benini, Maurice Herlihy, R. Iris Bahar

28.02.2018 | Ausgabe 1/2019 Open Access

The proliferation of multilateral development banks

Since 1945 the number of multilateral development banks (MDBs) has increased at a linear rate, with approximately one new MDB created every three years. The proliferation of MDBs has resulted in an inefficient duplication of international …

Miles Kellerman

23.02.2018 | Commentary | Ausgabe 4/2018 Open Access

Some recommendations for developing multidimensional computerized adaptive tests for patient-reported outcomes

Multidimensional applications of item response theory (IRT) are seen as a somewhat theoretical—albeit desirable—addition to the toolkit of QoL researchers [ 1 – 3 ]. However, the number of studies published in Quality of Life Research taking …

Niels Smits, Muirne C. S. Paap, Jan R. Böhnke

23.02.2018 | Original Paper | Ausgabe 9/2018

Disentangling complexity: how negotiators identify and handle issue-based complexity in business-to-business negotiation

Research regarding the complex content and issues in business-to-business (B2B) negotiation is sparse. Although negotiation issues are ubiquitous in experimental negotiation studies, descriptions of what constitutes a complex issue are set in an …

Christoph Laubert, Ingmar Geiger

01.02.2018 | Focus | Ausgabe 16/2018

Evaluation research on commercial bank counterparty credit risk management based on new intuitionistic fuzzy method

Over the past few years, the world economy is still in a profound adjustment stage after financial crisis, and it will continue to maintain a “New Mediocre” situation. It is clear that multiple risk factors, such as the issue of Brexit and …

Qian Liu, Chong Wu, Lingyan Lou

27.01.2018 | Ausgabe 1/2019

Methodological Choices and Data Quality Issues for Official Poverty Measures: Evidences from Italy

The plurality of the official poverty estimates in Italy covers both absolute and relative approaches, ranges from consumption to income-based measures, follows different methodologies and uses several data sources. We can therefore expect that …

Achille Lemmi, Donatella Grassi, Alessandra Masi, Nicoletta Pannuzi, Andrea Regoli

24.01.2018 | Original Research | Ausgabe 2/2018 Open Access

Modelling and analysis of an improved scheme for a 340 kWp grid interactive PV system in Pakistan to enhance performance ratio and battery life

A scheme has been proposed, modeled and simulated to show an improved system efficiency, battery life and payback period of a 340 kWp peak power grid interactive solar photovoltaic system. In this case, a conventional solar photovoltaic system …

Zaeem Aslam, Hifsa Shahid, Zeeshan Mahmood

23.01.2018 | Ausgabe 4/2018

Prediction of Sliding Slope Displacement Based on Intelligent Algorithm

In order to predict the landslide disaster effectively, the prediction system of landslide disaster based on intelligent algorithm is constructed. Lianziya and Gushuwu are used as the research object. The applicability of RBF and BP algorithm in …

Pei Zuan, Yong Huang

01.01.2018 | IT | Ausgabe 2-3/2018

In intelligente Services investieren

Deutschlands Geldhäuser müssen softwarebasierte Prozesse und digitale Dienstleistungen weiter vorantreiben. Statt aber bloß auf Automatisierung und Kostensenkung zu achten, sollten sie auch die Anwender von den Vorzügen überzeugen.

Christian Kemper

22.12.2017 | Special Section Paper | Ausgabe 2/2019 Open Access

Searching textual and model-based process descriptions based on a unified data format

Documenting business processes using process models is common practice in many organizations. However, not all process information is best captured in process models. Hence, many organizations complement these models with textual descriptions that …

Henrik Leopold, Han van der Aa, Fabian Pittke, Manuel Raffel, Jan Mendling, Hajo A. Reijers

16.12.2017 | Ausgabe 4/2018

Accounting information quality and trust as determinants of credit granting to SMEs: the role of external audit

This study analyses whether loan officers’ perception of the accounting information quality (AIQ) and the trustworthiness of SMEs are associated with a better willingness to grant them credit. Empirical evidence is obtained from a survey of 471 …

Estefanía Palazuelos, Ángel Herrero Crespo, Javier Montoya del Corte

08.12.2017 | Ausgabe 2-3/2017

ICT, conflicts in financial intermediation and financial access: evidence of synergy and threshold effects

In this study we investigate the role of information and communication technology (ICT) in conflicts of financial intermediation for financial access. The empirical evidence is based on contemporary (or current values) and non-contemporary (or …

Simplice A. Asongu, Paul N. Acha-Anyi

02.12.2017 | Methodologies and Application | Ausgabe 9/2019

Sparse multi-criteria optimization classifier for credit risk evaluation

Over the past few decades, many classifier methods are suggested for credit risk evaluation. With ever-increasing amounts of data, for multi-criteria optimization classifier (MCOC) and other traditional classification methods, owing to the …

Zhiwang Zhang, Jing He, Guangxia Gao, Yingjie Tian

01.12.2017 | Research | Ausgabe 1/2017 Open Access

A computational treatment of generalized reference

When two agents communicate with each other by means of a natural language, the speaker uses its external action interface to produce a sequence of language surfaces while the hearer uses its external recognition interface to identify the elements …

Roland Hausser

22.11.2017 | Original Paper | Ausgabe 3/2019

Sensitivity analysis of shallow planar landslides in residual soils on south Pennine hillslopes, Derbyshire, UK

Rainfall-induced shallow planar landslides on residual soil slopes are common mass movement processes on the southern Pennine slopes of Derbyshire, UK. They can be densely distributed across the region following intense rainfall events, frequently …

Martin Cross

06.11.2017 | Long Paper | Ausgabe 2/2019

Effects of formative assessment in an augmented reality approach to conducting ubiquitous learning activities for architecture courses

Augmented reality (AR) is helpful in leading students to observe real-world learning targets with supports from online learning resources using mobile and wireless communication technologies. In this study, an AR-based learning system for an …

Hui-Chun Chu, Jun-Ming Chen, Gwo-Jen Hwang, Tsung-Wen Chen

20.09.2017 | Ausgabe 4/2018

Gender bias in the spending of child benefits: evidence from a natural policy reform

We examine the causal relationship between child benefits and household spending on child and adult goods. In particular, we examine whether it matters if it is the husband or wife who controls this income transfer. We exploit the introduction of …

Panayiota Lyssiotou

01.09.2017 | Ausgabe 5/2017

Dynamics of potentially pathogenic microflora of the water and pike perch in the Volga Delta

On the basis of long-term (1995–2010 and 2013–2014) microbiological monitoring of water and pike perch in the various water areas of the Volga Delta, four dominant groups of bacteria from the family Enterobacteriaceae and genera Aeromonas …

O. V. Obukhova, L. V. Lartseva, V. V. Volodina, L. M. Vasilyeva

21.08.2017 | Ausgabe 1/2018

Development and psychometric evaluation of the PROMIS Pediatric Life Satisfaction item banks, child-report, and parent-proxy editions

Life satisfaction comprises an individual’s evaluations of their life in general and across specific contexts, such as self, family, friends, living conditions, school, and work [ 1 , 2 ]. These judgments result from comparisons of current versus …

Christopher B. Forrest, Janine Devine, Katherine B. Bevans, Brandon D. Becker, Adam C. Carle, Rachel E. Teneralli, JeanHee Moon, Carole A. Tucker, Ulrike Ravens-Sieberer

26.07.2017 | Original Article | Ausgabe 1/2019

The synthetization of human voices

The synthetization of voices, or speech synthesis, has been an object of interest for centuries. It is mostly realized with a text-to-speech system, an automaton that interprets and reads aloud. This system refers to text available for instance on …

Oliver Bendel

03.07.2017 | Ausgabe 2/2018

Size-corrected inference in fiscal policy reaction functions: a three country assessment

As a reflection of both strong persistence of debt-to-GDP ratios and correlation of respective innovations with governments’ primary surpluses, standard t-tests in policy reaction functions show actual significance levels that are up to five times …

Helmut Herwartz, Malte Rengel

01.06.2017 | Regular Paper | Ausgabe 2/2019

End-to-end model-transformation comprehension through fine-grained traceability information

The construction and maintenance of model-to-model and model-to-text transformations pose numerous challenges to novice and expert developers. A key challenge involves tracing dependency relationships between artifacts of a transformation …

Victor Guana, Eleni Stroulia

01.06.2017 | Original Article | Ausgabe 11/2017

The assessment of landslide susceptibility mapping using random forest and decision tree methods in the Three Gorges Reservoir area, China

Landslide susceptibility mapping is an indispensable prerequisite for landslide prevention and reduction. At present, research into landslide susceptibility mapping has begun to combine machine learning with remote sensing and geographic …

Kaixiang Zhang, Xueling Wu, Ruiqing Niu, Ke Yang, Lingran Zhao

25.04.2017 | Ausgabe 4/2017

Youth Voice, Civic Engagement and Failure in Participatory Action Research

In this article, we tell the story of a changing urban landscape through the eyes of the youth we work with in an ongoing after-school program and community-based research project rooted in Photovoice methodology. In particular, we focus on the …

Kevin J. Burke, Stuart Greene, Maria K. McKenna

22.04.2017 | Original Paper | Ausgabe 2/2018

Optimized fractional order control of a cascaded synchronous buck–boost converter for a wave-UC hybrid energy system

This paper presents an optimized fractional order controlled cascaded synchronous buck–boost converter for a wave/ultra-capacitor (UC) hybrid energy system. Due to the irregular wave dynamics, the extracted energy from a wave energy converter …

Erdinc Sahin, Ismail Hakki Altas

15.03.2017 | ORIGINAL ARTICLE | Ausgabe 5-8/2017

Optimization control method for carbon footprint of machining process

Energy conservation has become one of the key elements of core competitiveness for manufacturing enterprise. On the basis of studying the characteristics of carbon emissions in machining process, the state space model of carbon footprint for …

ZHANG Cuixia, LIU Conghu, ZHAO Xi

01.02.2017 | Original Article | Ausgabe 3/2017

Geoinformatics in morphological study of River Paglia, Tiber River basin, Central Italy

This work reports the results of a geomorphological study on the River Paglia (Tiber basin, Central Italy), to analyse the historical evolution of the riverbed/floodplain system in its lower valley reaches, upstream the confluence of River Tiber.

Corrado Cencetti, Pierluigi De Rosa, Andrea Fredduzzi

31.01.2017 | Original Article | Ausgabe 4/2018

A core calculus for dynamic delta-oriented programming

Delta-oriented programming (DOP) is a flexible approach to the implementation of software product lines (SPLs). Delta-oriented SPLs consist of a code base (a set of delta modules encapsulating changes to object-oriented programs) and a product …

Ferruccio Damiani, Luca Padovani, Ina Schaefer, Christoph Seidl

21.01.2017 | Research Paper | Ausgabe 3/2018

Development and Evaluation of the PROMIS® Pediatric Positive Affect Item Bank, Child-Report and Parent-Proxy Editions

The purpose of this study is to describe the psychometric evaluation and item response theory (IRT) calibration of the PROMIS Pediatric Positive Affect item bank, child-report and parent-proxy editions. The initial item pool comprising 53 items …

Christopher B. Forrest, Ulrike Ravens-Sieberer, Janine Devine, Brandon D. Becker, Rachel E. Teneralli, JeanHee Moon, Adam C. Carle, Carole A. Tucker, Katherine B. Bevans

02.01.2017 | Empirical article | Ausgabe 4/2017

Predicting direct marketing response in banking: comparison of class imbalance methods

Customers’ response is an important topic in direct marketing. This study proposes a data mining response model supported by random forests to support the definition of target customers for banking campaigns. Class imbalance is a typical problem …

Vera L. Miguéis, Ana S. Camanho, José Borges

27.12.2016 | Empirical article | Ausgabe 4/2017

Perceived justice and post-recovery satisfaction in banking service failures: Do commitment types matter?

Based on the notion that the types of customer commitment to a service provider may have diverse reasons and effects on the customer’s perceptions, attitudes, and behaviors, this study aims to investigate the different buffering effects of …

Oznur Ozkan Tektas

23.12.2016 | Regular Papers | Ausgabe 1/2017

Multiple model reduction approach using gap metric and stability margin for control nonlinear systems

This paper deals with the control of nonlinear systems using multimodel approach. The main idea of this work consists on the association of the gap metric and the stability margin tools to reduce the number of models constituting the multimodel …

Ali Zribi, Mohamed Chtourou, Mohamed Djemel

21.12.2016 | Ausgabe 1/2018

Estimation of the Percentage of Aid Received from the Food Bank Using a Stratified Sampling

The interval estimate of the percentage of food received from the Food Bank with reference to household necessity is the main purpose of this article. A group of families having difficulty in purchasing enough food and thus receiving it from a …

Angiola Pollastri, Walter Maffenini

18.12.2016 | Original Paper | Ausgabe 3/2017

Institutions and gravity model: the role of political economy and corporate governance

Using panel data on 166 countries, this paper analyzes the effects of corporate governance, employment protection, investor protection, and political environments on the exporting performance. Our gravity model predicts that stronger democratic …

Mehmet Huseyin Bilgin, Giray Gozgor, Chi Keung Marco Lau

01.12.2016 | Research Article | Ausgabe 3-4/2016

Sequential payments and optimal pricing in payment systems

This paper studies the intraday payment behaviour between heterogeneous banks as well as optimal intraday pricing schemes. The paper shows the social optimality of payment sequencing, which allows a bank to delay payments until the bank receives …

Tomohiro Ota

01.12.2016 | Original Article | Ausgabe 1/2016

Hierarchies, ties and power in organizational networks: model and analysis

An organizational structure consists of a network where employees are connected by working and social ties. Analyzing this network, one can discover valuable insights into information flow within the organization. We develop this idea and propose …

Jiamou Liu, Anastasia Moskvina

15.11.2016 | Ausgabe 6/2017

DRAMSpec: A High-Level DRAM Timing, Power and Area Exploration Tool

In systems ranging from mobile devices to servers, DRAM has a big impact on performance and contributes a significant part of the total consumed power. The performance and power of the system depends on the architecture of the DRAM chip, the …

Christian Weis, Abdul Mutaal, Omar Naji, Matthias Jung, Andreas Hansson, Norbert Wehn

11.11.2016 | Ausgabe 1/2017

Generating test case for algebraic specification based on Tabu search and genetic algorithm

To improve the effectiveness of generating test case for algebraic specification, an approach for generating test cases based on tabu search and genetic algorithm (Tabu GA) is presented. A prototype tool CASCATT (Common Algebraic …

Bo Yu, Yemei Qin

31.10.2016 | Ausgabe 3/2017

Supervised Local High-Order Differential Channel Feature Learning for Pedestrian Detection

In this paper, a novel supervised local high-order differential channel feature is proposed for fast pedestrian detection. This method is motivated by the recent successful use of filtering on the multiple channel maps, which can improve the …

Jifeng Shen, Xin Zuo, Hui Liu, Haoran Wang, Wankou Yang, Chengshan Qian

01.10.2016 | Special Issue Paper | Ausgabe 5/2016

Characterization of the Impact of Hardware Islands on OLTP

Modern hardware is abundantly parallel and increasingly heterogeneous. The numerous processing cores have non-uniform access latencies to the main memory and processor caches, which causes variability in the communication costs. Unfortunately …

Danica Porobic, Ippokratis Pandis, Miguel Branco, Pınar Tözün, Anastasia Ailamaki

01.10.2016 | Ausgabe 2/2016

Evaluations for transponder utilizations of two active–standby banks in CD-ROADM optical networks with traffic grooming

Reconfigurable optical add/drop multiplexers (ROADMs) are being widely deployed by network carriers in transparent optical networks to increase dynamicity and flexibility. Next-generation ROADMs request colorless, directionless, and contentionless …

Dongpeng Wang, Min Zhu, Jiao Zhang, Xiaohan Sun

14.09.2016 | Ausgabe 4/2018

An impactful crowdsourcing intermediary design - a case of a service imagery crowdsourcing system

Crowdsourcing is usually implemented using an intermediary organization or directly coordinated by solution seekers. For those using an IT-based crowdsourcing intermediary, the important factors of intermediaries that impact the crowdsourcing …

Soe-Tsyr Daphne Yuan, Ching-Fang Hsieh

13.09.2016 | Ausgabe 5/2016

Balancing the Ecological Function of Residential Stormwater Ponds with Homeowner Landscaping Practices

Stormwater ponds are installed in urban developments to provide the ecosystem services of flood control and water treatment. In coastal areas, these ponds are connected to watersheds that can drain directly into protected estuaries, making their …

Paul Monaghan, Shangchun Hu, Gail Hansen, Emily Ott, Charles Nealis, Maria Morera

01.09.2016 | Ausgabe 2/2016

Foreign direct investment, economic growth, and volatility: a useful model for policymakers

The explosion of hypotheses addressing empirical relationships between foreign direct investment (FDI) and economic growth is to say the least, confusing. There is the positive view whereby FDI positively affects growth, the negative view where …

Jeffrey A. Edwards, Alfredo A. Romero, Zagros Madjd-Sadjadi

01.09.2016 | Branchendiskussion | Ausgabe 9/2016

Wie sich Geldhäuser vor Risiken schützen

Die zunehmende Digitalisierung gefährdet die Systeme von Banken und Sparkassen. Das Sicherheitsmanagement legt Maßnahmen zur Abwehr fest.

Tobias Hohberger

01.09.2016 | Karriere | Ausgabe 10/2016

Mut zur Vielfalt zeigen

Viele Förderprogramme drehen sich noch immer um Frauen, obwohl Diversity darüber hinausgeht. Wie es um die Bemühungen deutscher Geldinstitute steht.

Barbara Bocks

01.09.2016 | Original Article | Ausgabe 18/2016

Impact of fly ash on channel morphology and ambient water quality of Chandrabhaga River of Eastern India

The present article intends to capture the impact of fly ash generated from Bakreswar Thermal Power Plant (BKTPP) on Chandrabhaga River of proximate location. Impacts have been captured giving emphasis on the morphological aspects of the channel …

Swades Pal, Susanta Mahato, Samrat Sarkar

01.09.2016 | Thematic Issue | Ausgabe 18/2016

State of the environment of urban and mining areas in the Selenga Transboundary River Basin (Mongolia Russia)

The pollution of the soil cover, river water and bottom sediments in the Ulaanbaatar and Ulan-Ude cities and the Erdenet and Zakamensk mining centers was assessed using the data of geochemical surveys in 2011–2015. In Ulaanbaatar, the highest …

Nikolay Kasimov, Natalia Kosheleva, Petr Gunin, Ilya Korlyakov, Olga Sorokina, Ivan Timofeev

01.09.2016 | Ausgabe 5/2016 Open Access

Architecture and analysis of a dynamically-scheduled real-time memory controller

Memory controller design is challenging as mixed time-criticality embedded systems feature an increasing diversity of real-time (RT) and non-real-time (NRT) applications with variable transaction sizes. To satisfy the requirements of the …

Yonghui Li, Benny Akesson, Kees Goossens

22.08.2016 | Ausgabe 1/2017

Forecast performance, disagreement, and heterogeneous signal-to-noise ratios

We propose an imperfect information model for the expectations of macroeconomic forecasters that explains differences in average disagreement levels across forecasters by means of cross-sectional heterogeneity in the variance of private noise …

Jonas Dovern, Matthias Hartmann

22.07.2016 | Ausgabe 1/2018 Open Access

Is Ethical Finance the Answer to the Ills of the UK Financial Market? A Post-Crisis Analysis

The 2008 financial crisis exposed the dark side of the financial sector in the UK. It brought attention to the contaminated culture of the business, which accommodated the systemic malpractices that largely contributed to the financial turmoil of …

Abdul Karim Aldohni

01.07.2016 | Ausgabe 2/2017

Do Programmers do Change Impact Analysis in Debugging?

“Change Impact Analysis” is the process of determining the consequences of a modification to software. In theory, change impact analysis should be done during software maintenance, to make sure changes do not introduce new bugs. Many approaches …

Siyuan Jiang, Collin McMillan, Raul Santelices

01.07.2016 | Thematic Issue | Ausgabe 14/2016

Middle and Lower Rhine in Roman times: a reconstruction of hydrological data based on historical sources

Even in Roman times, River Rhine had a major economical and political relevance. Although the importance of the Rhine to Romans is conversant, information on hydrological conditions is poor. To overcome this deficit, historical sources are …

Thomas Roggenkamp, Jürgen Herget

13.06.2016 | Ausgabe 2/2017

Impact of exchange rate volatility on the commodity trade between Pakistan and the US

The impact of exchange rate volatility on the trade flows has been intensively studied by researchers after the adoption of flexible exchange rate system. Different studies have used data from different countries at different aggregation level. In …

Mohsen Bahmani-Oskooee, Javed Iqbal, Saqib Ullah Khan

01.06.2016 | Ausgabe 3/2016

Motivations of Chinese outward direct investment: The sector perspective

From the sector perspective of mining, manufacturing and services, the motivations of Chinese outward direct investment (further ODI) are discussed during the period from 2001 to 2012, acknowledging different host countries and firms’ ownership …

Yali Wang, Yanmin Shao

01.06.2016 | Ausgabe 1/2016 Open Access

Predicting new venture survival and growth: Does the fog lift?

This paper investigates whether new venture performance becomes easier to predict as the venture ages: does the fog lift? To address this question we primarily draw upon a theoretical framework, initially formulated in a managerial context by …

Alex Coad, Julian S. Frankish, Richard G. Roberts, David J. Storey

14.05.2016 | Ausgabe 3/2017

Debt Restructuring and the Role of Banks’ Organizational Structure and Lending Technologies

While the literature on debt restructuring usually assumes that banks behave uniformly towards distressed firms, we demonstrate that banks follow different strategies when they decide whether to take part in the workout process or not. Using a …

Giacinto Micucci, Paola Rossi

13.05.2016 | Ausgabe 3/2017

Does Banks’ Corporate Control Lower Funding Costs? Evidence from US Banks’ Control Over Firms’ Voting Rights

We investigate the effect of banks’ corporate control on the cost of bank lending. We exploit the fact that the shares banks hold in a fiduciary capacity can give them control over firms’ voting rights that are separate from firms’ cash flow …

João A. C. Santos, Kristin E. Wilson

10.05.2016 | Original Paper | Ausgabe 1/2017

Vietnam’s Evolving Poverty Index Map: Patterns and Implications for Policy

This paper uses small area estimation techniques to estimate the poverty indexes of Vietnam’s provinces and districts in 2009. We find that poverty rates have become more spatially concentrated over time, which is consistent with widely observed …

Peter Lanjouw, Marleen Marra, Cuong Nguyen

05.05.2016 | Original Research | Ausgabe 4/2017

How important is the financial sector to price indices in an inflation targeting regime? An empirical analysis of the UK and the US

This paper investigates whether there are benefits in terms of higher economic stability from incorporating stock prices into the price index targeted by the central banks. It also looks into the question of whether central banks should use stock …

Imran Hussain Shah, Ahmad Hassan Ahmad

01.05.2016 | Research Article | Ausgabe 2/2016

Monetary policy games, financial instability and incomplete information

In the aftermath of the recent global financial crisis, monetary authorities, while pursuing traditional objectives, such as the control of inflation, are also eager to promote financial stability. In this paper, we model the strategic interaction …

Charles Richard Barrett, Ioanna Kokores, Somnath Sen

01.04.2016 | Regular Paper | Ausgabe 1/2016

Automated teller machines: their history and authentication protocols

Luther Simjian filed a patent in 1959 for perhaps the first ATM; he convinced the City Bank of New York (now Citibank) to run a 6-month field test of his Bankmatic. The test was, however, not extended due to lack of demand. Simjian suggested that …

Alan G. Konheim

01.04.2016 | IT | Ausgabe 4/2016

Von den Prozessen zurück zum Kunden

Seit den 70er Jahren unterstützt die IT die Abläufe in Banken und Sparkassen. Welche Systeme aktuell im Einsatz sind und worauf Institute besonders achten, wenn sie Mitarbeiter auf die Arbeit damit vorbereiten.

Silke Westermeier, Wolfgang Eck

01.03.2016 | Original Article | Ausgabe 5/2016

Geochemistry of organic matter in river waters of the Amur basin, Russia

Organic matter (OM) plays an important role in the biochemical C cycle and in river waters, in particular. The paper considers a huge area of the Amur basin and its subbasins. The concentrations and distribution of OM in river waters were …

S. Levshina

19.02.2016 | Ausgabe 2/2016

Global poverty estimates based on 2011 purchasing power parity: where should the new poverty line be drawn?

This paper aims to present a new global poverty line based on the 2011 Purchasing Power Parity (PPP). To calculate a new global poverty threshold based on 2011 PPP, this paper moves away from the World Bank’s method of anchoring a single global …

Nanak Kakwani, Hyun H. Son

17.02.2016 | Ausgabe 4/2018

‘Fatwa Repositioning’: The Hidden Struggle for Shari’a Compliance Within Islamic Financial Institutions

Islamic Financial Institutions (IFIs) have recently witnessed remarkable growth driven by their holistic business model. The key differentiator of IFIs is their Shari’a-based business proposition which often requires some financial sacrifices …

Shakir Ullah, Ian A. Harwood, Dima Jamali

12.02.2016 | Ausgabe 2/2017

A Survival Analysis of Islamic and Conventional Banks

Are Islamic banks inherently more stable than conventional banks? We address this question by applying a survival analysis based on the Cox proportional hazard model to a comprehensive sample of 421 banks in 20 Middle and Far Eastern countries …

Vasileios Pappas, Steven Ongena, Marwan Izzeldin, Ana-Maria Fuertes

01.02.2016 | Ausgabe 2/2016

Last level cache size heterogeneity in embedded systems

In typical multicore processors, last level caches are formed by distributed clusters of memory banks of the same size, namely homogeneous ones. By shutting down part of these clusters to save power along generations of multicore processors …

Mario D. Marino, Kuan-Ching Li

01.02.2016 | Ausgabe 2/2016

Are distributed sharing codes a solution to the scalability problem of coherence directories in manycores? An evaluation study

The development of efficient and scalable cache coherence protocols is a key aspect in the design of manycore chip multiprocessors. In this work, we present a comprehensive evaluation of a kind of cache coherence protocols that, despite having …

Ricardo Fernández-Pascual, Alberto Ros, Manuel E. Acacio

01.01.2016 | Regular Paper | Ausgabe 1/2016

Performance-Centric Optimization for Racetrack Memory Based Register File on GPUs

The key to high performance for GPU architecture lies in its massive threading capability to drive a large number of cores and enable execution overlapping among threads. However, in reality, the number of threads that can simultaneously execute is o…

Yun Liang, Shuo Wang

01.12.2015 | Research | Ausgabe 1/2015 Open Access

Modeling, metrics, and optimal design for solar energy-powered base station system

Using renewable energy system in powering cellular base stations (BSs) has been widely accepted as a promising avenue to reduce and optimize energy consumption and corresponding carbon footprints and operational expenditures for 4G and beyond …

Heng Wang, Hongjia Li, Chaowei Tang, Lingbao Ye, Xin Chen, Hui Tang, Song Ci

01.12.2015 | Schwerpunkt | Ausgabe 1/2016

IT-Sicherheitsgesetz – Gedanken zur Implementierung

Das im Juli 2015 in Kraft getretene IT-Sicherheitsgesetz stellt an Betreiber aus den sieben Kritischen Sektoren mit Erreichen eines Mindestsicherheitsniveaus und Aufbau eines Meldewesens zwei Kernforderungen. Am Beispiel der Kreditwirtschaft werden H…

Waldemar Grudzien

01.12.2015 | Ausgabe 4/2015

Empirical analysis of factors affecting confirmation bias levels of software engineers

Confirmation bias is defined as the tendency of people to seek evidence that verifies a hypothesis rather than seeking evidence to falsify it. Due to the confirmation bias, defects may be introduced in a software product during requirements …

Gul Calikli, Ayse Bener

09.10.2015 | Ausgabe 1/2016

Market power, efficiency and bank profitability: evidence from Ghana

This study examines the determinants of bank profitability in Ghana within the market power, relative market power and efficient structure frameworks. Using annual data on 26 Ghanaian banks from 2003 to 2011, we employ the Herfindahl Index and concen…

Abdul Latif Alhassan, Michael Lawer Tetteh, Freeman Owusu Brobbey

01.10.2015 | Ausgabe 10/2015

An adaptive migration–replication scheme (AMR) for shared cache in chip multiprocessors

Most of today’s chip multiprocessors implement last-level shared caches as non-uniform cache architectures. A major problem faced by such multicore architectures is cache line placement, especially in scenarios where multiple cores compete for …

Nitin Chaturvedi, Arun Subramaniyan, S. Gurunarayanan

16.09.2015 | Ausgabe 3/2016

What Drives the Gross Margins of Mortgage Loans? Evidence from Switzerland

This paper empirically examines the determinants of margins for a unique dataset of 1,190,811 mortgage loans with fixed interest rates of eight Swiss banks over the period from 2001 to 2011. Our margin determinants include loan-specific factors as …

Andreas Dietrich

01.09.2015 | S.I. : ICACNI 2014 | Ausgabe 3/2015

Region-based feature extraction from non-cooperative iris images using CDF 9/7 filter bank

In this paper, the authors have investigated the iris feature extraction technique using Cohen–Daubechies–Feauveau 9/7 (CDF 9/7) filter bank. Most of the iris recognition systems have been found to give near perfect performance in constraint environm…

Soubhagya Sankar Barpanda, Banshidhar Majhi, Pankaj K. Sa

01.09.2015 | Ausgabe 3/2015

Pockets of Efficiency and the Rise of Iran Auto: Implications for Theories of the Developmental State

Most theories of the developmental state assume that industrial transformation requires capable and coherent development bureaucracies that are “autonomous”—insulated from particularistic private interests yet benefiting from networks connecting them…

Darius B. Mehri

01.08.2015 | Ausgabe 1/2015

Guarantees and Profit-Sharing Contracts in Project Financing

This paper proposes a model to study the arrangement of Islamic project finance with the participation of the government as a provider of loan guarantees. The owner-shareholders (musharakah certificate holders) initiate a project and raise funds by i…

M. Kabir Hassan, Issouf Soumaré

01.08.2015 | Original Paper | Ausgabe 3/2015

Banking behavior in security and multi-channel environment

The purpose of this paper is to study the differences of factors affecting banking behavior in multi-channel environment. This paper adopted multi-group structural equation modeling to compare the differences of causalities between internet and …

Sang-Chul Lee, Kwang Hyuk Im

03.07.2015 | Ausgabe 4/2016

Corporate governance and credit rating in Islamic banks: Does Shariah governance matters?

We investigate whether Islamic banks with strong corporate governance benefit from higher credit ratings relative to Islamic banks with weaker governance and whether Shariah governance can affect the credit ratings of Islamic banks or not. We documen…

Rihab Grassa

03.07.2015 | Ausgabe 1/2016

The Impact of Exposure to Other Countries on Life Satisfaction: An International Application of the Relative Income Hypothesis

The cause of international differences in life satisfaction is usually ascribed to differences in living standards. Yet, despite improving living standards in a lot of middle-income countries, significant differences in life satisfaction between midd…

Benjamin Schalembier

01.07.2015 | Ausgabe 3/2015

Exploring the Transition to Integrated Reporting Through a Practice Lens: An Australian Customer Owned Bank Perspective

This article explores the transition to integrated reporting by a customer-owned bank (referred to as Goodbank) and identifies the drivers of this transition, thereby providing insights for other businesses seeking to engage in such reporting. Practi…

Sumit Lodhia

01.07.2015 | Ausgabe 3/2015

International and national markets of information resources: Modern features and economic impacts

The international market of information resources has characteristics that distinguish it from other markets that are connected to the specific nature of information as an economic resource. The interrelationship between national information resource…

T. V. Mirolyubova

01.07.2015 | IT | Ausgabe 7-8/2015

Scheiden tut weh

Ihre IT müssen sich die Kreditinstitute etwas kosten lassen. So weiß McKinsey-Partner Sven Blumberg, Experte für IT-Strategien im Banking: „Die IT verschlingt bis zu 20 Prozent der Gesamtkosten einer Bank. Ihr Aufbau beeinflusst die Kos

Martin Schwer

01.07.2015 | Ausgabe 3/2015

International and national markets of information resources: Modern features and economic impacts

The international market of information resources has characteristics that distinguish it from other markets that are connected to the specific nature of information as an economic resource. The interrelationship between national information …

T. V. Mirolyubova

01.06.2015 | Karriere | Ausgabe 6/2015

Trendthemen treiben die Seminar-Nachfrage

„Wo Frankfurt School draufsteht, muss auch Frankfurt School drin sein“, sagt Thomas Kohrs, Leiter des Competence Centers Wertpapieranlage und Vorsorge, Firmenprogramme und Services der Frankfurt School of Finance & Management. Meist

Stefanie Hüthig

01.06.2015 | IT | Ausgabe 6/2015

Innovation geht anders

„Die IT kann nicht allein entscheiden und braucht die Zusammenarbeit mit den Fachabteilungen“, sagt Claudia Conrads, Geschäftsführerin der Managementberatung Information Factory in Nürnberg. Und daran hapert es vielfach. „Das Silodenken

Christian Kemper

01.06.2015 | Original Paper | Ausgabe 2/2015

A novel structure proposal for distributed generation using SMES and PV system with relative controllers design

A combined power source including superconductor magnetic energy storage system (SMES) and photovoltaic (PV) systems has been considered for distributed generation system as a hybrid power source in this research. Both power sources have been …

P. Naderi, F. Fallahi

01.06.2015 | Ausgabe 2/2015

Mapping the Regional Divide in Europe: A Measure for Assessing Quality of Government in 206 European Regions

Do aspects of quality of government, broadly defined, such as corruption, impartiality, and quality of public services, vary below the country level? The concept of quality of government (QoG) and various measures to assess it have become more ubiqui…

Nicholas Charron, Lewis Dijkstra, Victor Lapuente

27.05.2015 | ORIGINAL ARTICLE | Ausgabe 1/2017

Community-based solid waste bank program for municipal solid waste management improvement in Indonesia: a case study of Padang city

Indonesia has a regulation UU No. 18/2008 which changes the paradigm from waste dumping to recycling. The purpose of this study is to understand the achievement and obstacles of community-based waste recycling through the solid waste bank (SW bank) p…

Slamet Raharjo, Toru Matsumoto, Taufiq Ihsan, Indriyani Rachman, Luciana Gustin

01.05.2015 | Original Paper | Ausgabe 3/2015

An Analysis of Consolidation Grouting Effect of Bedrock Based on its Acoustic Velocity Increase

Acoustic velocity is an important parameter to evaluate the mechanical properties of fractured rock masses. Based on the in situ acoustic velocity measurement data of ~20 hydropower stations in China, we assessed the acoustic velocity increase o…

Ming Chen, Wen-bo Lu, Wen-ju Zhang, Peng Yan, Chuang-bing Zhou

01.05.2015 | Research Article - Civil Engineering | Ausgabe 5/2015

The Effect of Support Structure on Flow Patterns Around T-Shape Spur Dike in 90° Bend Channel

Totally, spur dike is an economical way to preserve morphology of rivers. Numerical methods can be useful for evaluating hydraulic parameters for spur dike because of their reduced simulation time, while experimental ones take a long time and need lo…

M. Vaghefi, A. Ahmadi, B. Faraji

01.05.2015 | Titel | Ausgabe 5/2015

Wo Big Data den Instituten wirklich nützt

▪ Banken haben noch keine Handlungsstrategie für das Hype-Thema Big Data entwickelt.

Joachim Dorschel

01.05.2015 | Titel | Ausgabe 5/2015

Vorschriften forcieren überfällige Modernisierung

Obwohl das erste Integrationsprojekt noch nicht abgeschlossen ist, sind mit AnaCredit weitere Vorschriften im Anmarsch: Was müssen Kreditinstitute nun tun? Zunächst sollten die Banken laut Ungemach-Strähle kurzfristig analysieren, welch

Anja Kühner

21.04.2015 | Ausgabe 3/2016

Coordination of Monetary and Fiscal Policies in Small Island Developing States: Two Case Studies

The American financial crisis which began in the second half of 2007 ultimately deteriorated into a world economic downturn. Despite hopeful signs of recovery in early 2011, there was another setback in the second half of 2011, consequent to the euro…

T. K. Jayaraman, Rubyna Boodhoo, Peter Tari

01.04.2015 | IT | Ausgabe 4/2015

Wie Systeme stabilisiert werden können

▪ Effizientes Management von IT-Services ist für Kreditinstitute von besonderer Bedeutung.

Hadi Stiel

28.03.2015 | Ausgabe 2/2016

In Which Context is the Option Clause Desirable?

The option clause is a contractual device from free banking experiences meant to prevent banknote redemption duels. It has been used within the Diamond and Dybvig (J Pol Econ 91: 401–419, 1983) framework to suggest that very simple contractual soluti…

Mathieu Bédard

13.03.2015 | Original Paper | Ausgabe 6/2016 Open Access

Rockslide and Impulse Wave Modelling in the Vajont Reservoir by DEM-CFD Analyses

This paper investigates the generation of hydrodynamic water waves due to rockslides plunging into a water reservoir. Quasi-3D DEM analyses in plane strain by a coupled DEM-CFD code are adopted to simulate the rockslide from its onset to the impact w…

T. Zhao, S. Utili, G. B. Crosta

01.03.2015 | Ausgabe 2/2015

Valuation and analysis of zero-coupon contingent capital bonds

We consider the valuation and analysis of zero-coupon contingent capital bonds (CCBs) in the structural framework. Making virtually no assumptions on asset value dynamics, the terms of conversion or the conversion trigger, we express the value of …

A. Metzler, R. M. Reesor

01.03.2015 | Ausgabe 1/2015

Modified group delay feature based total variability space modelling for speaker recognition

In this paper, modified group delay (MODGD) features are used to model target speakers in the Total Variability Space (TVS) framework for speaker recognition. MODGD based features have been shown to improve speaker recognition performance owing to th…

Srikanth R. Madikeri, Asha Talambedu, Hema A. Murthy

01.03.2015 | Original | Ausgabe 2/2015

Validating a crosscutting simulation program based on computed tomography scanning of logs

Wood scanners and software for calculating crosscutting positions have been used in the wood industry for some years now. The scanners are used to detect biological and geometrical deviations on the sawn timber, which makes it possible to remove unde…

Magnus Fredriksson, Anders Berglund, Olof Broman

01.02.2015 | Original Research | Ausgabe 2/2015

The impact of banking relationships, managerial incentives, and board monitoring on corporate cash holdings: an emerging market perspective

This paper uses Taiwanese data to examine the impact of firm-level corporate governance mechanisms on firms’ average cash holdings. Specifically, it examines how a firm’s number of banking relationships and the percentages of managerial ownership …

Hai-Chin Yu, Ben J. Sopranzetti, Cheng-Few Lee

01.02.2015 | Profile | Ausgabe 1/2015

Interview with Wolfgang Gaertner on “Digitalization in Retail Banking: Differentiation and Standardization Through IT”

Interviewed by Alexander Mädche

31.01.2015 | Ausgabe 4/2015

Implementing benchmark testing for formative purposes: teacher voices about what works

In response to US accountability policies and yearly performance targets, school districts are implementing periodic or benchmark assessments to provide teachers with data to improve instruction and student achievement. The tests are typically given …

Lisa M. Abrams, James H. McMillan, Angela P. Wetzel

01.01.2015 | Thematic Issue | Ausgabe 2/2015

Water storage possibilities in Lake Baikal and in reservoirs impounded by the dams of the Angara River cascade

The construction of four dams on the Angara River, which flows out from Lake Baikal, has resulted in the creation of the largest water storage system in the world. The first dam is situated 55 km away from the location where the river flows out …

Andrzej Jaguś, Martyna A. Rzętała, Mariusz Rzętała

19.11.2014 | Ausgabe 4/2016

A Credit Score System for Socially Responsible Lending

Ethical banking, microfinance institutions or certain credit cooperatives, among others, grant socially responsible loans. This paper presents a credit score system for them. The model evaluates social and financial aspects of the borrower. The finan…

Begoña Gutiérrez-Nieto, Carlos Serrano-Cinca, Juan Camón-Cala

01.11.2014 | Spezial: Fi-Forum 2014 | Ausgabe 11/2014

Vertrieb - Prozesse - Steuerung

Die Initiative „Prozess Plus“ der regionalen Sparkassenverbände hat Standards definiert. Diese hat die FI technisch umgesetzt. Das Ergebnis können Besucher im Themenkomplex effiziente Prozesse und Marktfolge anhand einer Mustersparkasse

Stefanie Hüthig

01.11.2014 | Ausgabe 6/2014

Exploring competitiveness in banking sector of a small island economy: a study of Fiji

The paper explores the competitiveness in the banking sector in Fiji using the Panzar and Rosse (J Ind Econ 35:443–456, 1987) method. We compute the concentration ratios and Herfindahl–Hirschman index based on total assets, loans, and deposits to exa…

Ronald R. Kumar, Arvind Patel

01.10.2014 | Ausgabe 1/2014

An anonymous e-rental protocol based on ID-based cryptography and NFC

Most e-rental services require customers to register sensitive information, which gives malicious service providers a good opportunity to launch social engineering attacks, or to use data mining techniques collecting and analyzing customers’ …

Jia Ning Luo, Ming Hour Yang

01.10.2014 | Original Article | Ausgabe 7/2014

Evaluating groundwater resource of an urban alluvial area through the development of a numerical model

As established in the European Water Framework Directive, the development of groundwater numerical models is fundamental for adopting water management plans aimed at preserving the water resource and reducing environmental risks. In this paper …

C. Di Salvo, M. Moscatelli, R. Mazza, G. Capelli, G. P. Cavinato

01.09.2014 | Original Paper | Ausgabe 3/2014

Texture sparseness for pixel classification of business document images

Contemporary business documents contain diverse, multi-layered mixtures of textual, graphical, and pictorial elements. Existing methods for document segmentation and classification do not handle well the complexity and variety of contents …

Melissa Cote, Alexandra Branzan Albu

01.08.2014 | Open Forum | Ausgabe 3/2014

International comparison of bubbles and bubble indicators

The purpose of this paper is to analyze the financial turmoil of the US subprime loan crisis of mid-Noughties and to compare it with the Japanese asset bubble of late 1980s. While examining the two crises, it compares the monetary policies of both co…

Naoyuki Yoshino, Tomoya Nakamura, Yoshitaka Sakai