Current research on financial risk management applications of econometrics centers on the accurate assessment of individual market and credit risks with relatively little theoretical or applied econometric research on other types of risk, aggregation risk, data incompleteness, and optimal risk control. We argue that consideration of the model risk arising from crude aggregation rules and inadeq...

a r t i c l e i n f o The Dow Jones Islamic Market indices (DJIMI) are constructed by screening out stocks that are incompatible with Islam's prohibition of interest and certain lines of business. However, as a blunt instrument, the interest rate can affect discounted cash flows of any firm, even a firm with no financial leverage. This study reveals that the aggregate portfolio of Islamic stock...

Due to the immense energy and associated financial cost of drying paper, achieving a drier web entering dryers is key objective in paper manufacture. One major research thrust has been finding way increase press solids by mitigating or eliminating rewet section. For decades, solutions this problem have remained elusive. In work, we develop novel approach that significantly reduces rupturing liq...

The present paper examines the effectiveness of financial overcompensation as a means to enhance customer loyalty after a product failure. Overcompensation implies that customers are entitled to a refund that is larger than the purchase price. It is, however, still unclear whether large overcompensations entail saturation effects, or alternatively, result in an actual drop in customer loyalty. ...

bone-patellar tendon auto graft is probably the most widely used graft for acl reconstruction. several methods for graft fixation have been described. to avoid intra-articular hardware we adopt biological fixation with a femoral trapezoidal press-fit fixation. a prospective study was performed on 30 consecutive active people who underwent acl reconstruction with this technique by two surgeons b...

newspaper is not merely a tool for showing sufferings, but  considered as a tool for expressing thought that receives its effect from power of words. satirical literature has taken up a great area of the newspaper to express different issues. expressing sufferings in a humorous way makes the audience or reader laugh and is useful as a sharp tool for warning about defects. egyptian journalist , ...

studies had shown that oxygenated compounds are important in food products. it seems that extraction methods had a profound influence on this factor. the goal of the present study is to investigate on flavor components of murcott mandarin obtained using cold-press and hydro distillation. in the last week of january 2012, at least 50 mature fruit were collected from many parts of the same trees....

The state of the local press industry in Sabah, Malaysia, pioneered by trilingual newspapers such as Daily Express, New Sabah Times, and Borneo Post, seems to be losing ground when they stop or reduce their Kadazandusun sections due a major financial crisis. Therefore, this study will examine its needs effect on communities Sabah. Results found that play an important role both political aspects...

Since the turn of century, successive Belgian governments have increasingly sold assets its real estate portfolio in order to balance national budget. Against backdrop this domestic policy, Ministry Foreign Affairs launched an extensive redevelopment embassy premises Tokyo 2006. This article questions what extent financial triggers incentivised launch building project and identifies ramificatio...