Are regulations on the payday loan effective? Do people switch to other forms of expensive credit such as pawnshop loans because of such regulations? In this study, we aim to find the answers to these two questions through exploring state-level variations in regulations on payday loans and other alternative financial services. Using FDIC’s panel survey data and Google Trends data, we find that ...

This thesis studies the Chinese banks’ credit risk assessment using the Post Keynesian approach. We argue that bank loans are the major financial sources in emerging economies and it is uncertainty, an unquantifiable risk, rather than asymmetric information about quantifiable risk, as held by the mainstream approach, which is most important for the risk attached to credit loans, and this uncert...

It is well-established that equity returns are not Normally distributed, but what should the portfolio manager do about this, and is it worth the effort? It is now feasible to employ better multivariate distribution families that capture heavy tails and skewness in the data; we argue that among the best are the Student t and skewed t distributions. These can be efficiently fitted to data, and s...

O R G A N I Z A T I O N . This Saturday the band will cele­ brate the 60th aniversary of the school's founding. The program to be offered between halves at the Wash­ ington and Lee game Saturday will bright new uniforms, it has been se verely hampered through circum stance. Wednesday, which is the only day the band has the use of Grant Field, is referred to as the rainiest A basketball seating ...

PURPOSE This clinical study was performed to determine the presence of refractive errors and binocular dysfunctions in a population of university students. METHODS Refraction and binocular function were evaluated in a young patient population (230 students and 234 nonstudent subjects, aged 18-27 years). Distance visual acuity (DVA) and near visual acuity (NVA), refraction, cover test (CT), oc...

SMC students re affirm ed the election of Kathy Barlow and Misssy U nderm an for student body p re s id e n t an d v icepresident in F rid ay ’s balloting at St. M ary’s . In the election held to clarify a nine vote discrepancy which was discorded in the first totals, Barlow and U nderm an collected 606 votes to defeat Jan e Sheehy and Sue Welte who polled 491 votes. P leased with the large tur...

Reflective Teaching and Its Impact on Students' Achievement in English F. Ghorbaan Dordinejaad, Ph.D. M. Rashvand Reflective teaching as a style in teaching has shown to be effective across different academic areas, in which teaching English is no exception. To demonstrate its effectiveness, a sample of 70 English teachers in Ghazvin was asked to answer two sets of questions o...