Foundations of structures which are subjected to uplift loading require anchoring systems to resist pullout loads. Such anchors can be broadly classified as gravity anchors, pile anchors and plate anchors. Plate anchors can be circular, square or strip in shape. The loading applied on plate anchors can be vertical, inclined or horizontal depending on the anchor orientation. In this study, vario...

In this study, we use Stochastic Frontier analysis approach to estimate cost efficiency, economies of scale, and technological progress among Iranian banks from 1999 to 2012. The results show that there is a marked difference in cost efficiency before and after the recent financial sanctions against Iranian banking industry. Moreover, the results indicate that specialized government-owned banks...

Recent financial liberalization in Taiwan has caused local banks to face major structural changes. This paper examines the cost structure of 36 local banks in Taiwan using the translog cost function and attempts to identify suitable operating strategies for cost reduction and performance improvements. Results indicate scale economies for small and large-sized banks and scope economies for all b...

This paper explores how bank characteristics and the institutional environment influence the composition of banks’ loan portfolios. We use a new and unique data set based on the EBRD Banking Environment and Performance Survey (BEPS), which was conducted for 220 banks in 20 transition countries. We show that bank ownership, bank size, and legal creditor protection are important determinants of t...

In this paper, we present a method for designing lossless versions of two-channel FIR filter banks. We demonstrate that equal length PR FIR filter banks can be decomposed into 2-point transforms and unequal length into interpolative predictions. The lossless versions of the filter banks are obtained by replacing every constituent module by the corresponding lossless version. This method allows ...

Yes, size actually matters. This paper models the strategic interaction between banks and the government when bailouts are possible. I analyze how imperfect common knowledge about the government’s bailout policy affects the ex-ante leverage choice for each bank. Large banks, by internalizing the effect of their size on the likelihood of being bailed out, are willing to take more leverage. In eq...

Despite the great popularity of critically-decimated filter banks, oversampled filter banks are useful in applications where data expansion is not a problem. We studied oversampled filter banks and showed that for some popular classes of filter banks it is not possible to obtain perfect reconstruction with rational (non-integer) oversampling ratios. Nevertheless, it is always possible to oversa...

According to a frequently cited finding by Berger et al (1993), X-inefficiency contributes 20% to cost-inefficiency in western banks. Empirical studies of Chinese banks tend to place cost-inefficiency in the region of 50%. Such estimates would suggest that Chinese banks suffer from gross cost inefficiency. Using a nonparametric bootstrapping method, this study decomposes cost-inefficiency in Ch...

We examine whether stress-test disclosures distort banks’risk-taking decisions. We study a model in which a regulator may choose to rescue banks in the event of concurrent bank failures. Our analysis reveals a novel coordination role of stress-test disclosures. By disclosing stress tests, a regulator informs all banks of the failure likelihood of other banks, which facilitates bank’s coordinati...

If banks have an informational monopoly about their clients, borrowers may curtail their effort level for fear of being exploited via high interest rates in the future. Banks can correct this incentive problem by committing to share private information with other lenders. The fiercer competition triggered by information sharing lowers future interest rates and future profits of banks. But, prov...