One important characteristic of the recent mortgage crisis is the prevalence of subprime mortgages with adjustable interest rates and their high default rates. In this paper, we build and estimate a dynamic structural model of adjustable-rate mortgage defaults using unique mortgage loan level data. The data contain detailed information not only on borrowers’ mortgage payment history and lender ...

in this article using comparative multi-purpose algorithm of pso, optimum capacity of new resources and their spinning storage is defined. spinning reserve requirements and optimized to maximize profit per unit is determined according to uncertainty. in fact by increasing the level of cost reservation, power supply increases but penalty of blackout decreases. in this paper in has been tried to ...

application of archie equation in carbonate reservoirs is not easy due to high dependence of its parameters on carbonate characteristics. carbonates are very heterogeneous in nature and hydrocarbon reserve estimation in these reservoirs of mostly oil-wet and intermediate-wet is highly influenced by the input values of saturation exponent. to our knowledge, non representative oils have been used...

reservoir permeability is a critical parameter for characterization of the hydrocarbon reservoirs. in fact, determination of permeability is a crucial task in reserve estimation, production and development. traditional methods for permeability prediction are well log and core data analysis which are very expensive and time-consuming. well log data is an alternative approach for prediction of pe...

The development of quantitative angiography and the introduction of new imaging techniques cannot replace functional methods of assessing the severity of stenosis. Measurement of transstenotic pressure gradient and poststenotic flow velocity using miniaturised sensors with guidewire technology offers an alternative to the conventional non-invasive methods that is immediately applicable in the c...