This paper analyzes the joint influence of the quality of a bank’s loan portfolio, the bank’s maturity gap and its deposit rate policy on the value of deposit insurance in an arbitrage-free Basel II consistent framework. We develop and apply a two-stage structural model of a bank where deposit insurance is a European put option on the loan portfolio, the default of each loan is driven by the bo...

THE fact that pneumonia mortality is higher in urban areas suggests that air pollution has some effect upon the incidence of this disease. To test such a possibility, pneumonia mortality-rates were calculated for the whole populations of fifty-three cotinty and Metropolitan boroughs in England, Scotland, and Wales, from the Registrar General's annual statistical reviews for the 5-year period 19...

Scientific journals are more and more published electronically. Gradually the amount of e-books increases and on Internet a vast amount of digital information is being published. Electronic publishing offers major opportunities for dissemination and for access but at the same time imposes new challenges on national libraries and other deposit institutes in charge of preserving countries’ cultur...

This paper presents an empirical examination of the effects of both deposit market competition and of wholesale funding on bank risk simultaneously. The traditional view of the relation between competition and risk has focused on the disciplining role of the charter value. In this project we argue that if the structure of bank liabilities and the costs of retail and wholesale funding are jointl...

A brief overview on boiler tubes ash deposit characterization and thermophysical properties of deposits are given. The structure of an ash deposit on the heat exchange surface of a boiler is usually non-uniform. The thickness of the deposit increases with time and during this process chemical reactions and sintering of ash particles may lead to structural changes. Therefore the thermal conducti...