Matching Risks with Instruments in Development Banks

[New instruments, same risks].

This issue of the journal includes a publication on the adaptation of the Systematic COronary Risk Evaluation (SCORE) to estimate the risk of death from preventable diseases such as cerebrovascular disease (CVD) and coronary heart disease (CHD), among other cardiovascular diseases.1 The original system was designed to help guide clinicians responsible for the primary prevention of cardiovascula...

Instruments Matching via Timbral Features

In the paper the problem of matching instruments according to their timbral similarity is considered for a collection of 53 high quality violins. The fact that the instruments are of the same type makes the subject particularly challenging. The starting point of the analysis is calculation of a set of features based on harmonic analysis, e.g. odd-to-even harmonics amplitudes ratio, intensity of...

securitization of mortality risks in life annuities

insurers have in the past few decades faced longevity risks - the risk that annuitants survive more than expected - and therefore need a new approach to manage this new risk. in this dissertation we survey methods that hedge longevity risks. these methods use securitization to manage risk, so using modern financial and insurance pricing models, especially wang transform and actuarial concepts, ...

Bank Risks and Total Productivity Changes in Malaysian Banks

This study employs non-parametric Data Envelopment Analysis (DEA) to obtain the Malmquist total factor productivity index (MPI). The analysis is based on 19 Malaysian banks (domestic and foreign) and the period of study is from 2010 to 2014. The results indicate that the progress or retrogress of 14 Malaysian banks’ efficiency were largely due to scale rather than pure technical efficiency with...

ACCOUNTING FOR FINANCIAL INSTRUMENTS FOR BANKS Joint Working Group of Banking Associations on Financial Instruments