Modern processor architectures suffer from an ever increasing gap between processor and memory performance. The current memory-register model attempts to hide this gap by a system of cache memory. Line Associative Registers(LARs) are proposed as a new system to avoid the memory gap by pre-fetching and associative updating of both instructions and data. This thesis presents a fully LAR-based arc...

based on current expectations, when the free float is more, more deals done and consequently the share price volatility will also increase. shareholders expect more profits from stocks which have more free floats. this paper examines the kind of relationship between free float and liquidity, risks and returns and the degree of influence of these variables in the percentage of free float. we con...

We extend the set of regulatory instruments for banks’ liquidity provision by adding a policy instrument for controlling the fraction of perfectly-liquid accounts. We demonstrate how this instrument induces self-selection on behalf of depositors who are differentiated according to their probability of facing a liquidity shock. This selfselection leads to a market segmentation, which can break t...

This paper examines the effects of introducing an auto-collateralization scheme in a simulated securities settlement system. Using artificially generated data, it shows that auto-collateralization can substantially lower liquidity needs without delaying settlement. By allowing for a more efficient usage of collateral, it also reduces intraday credit exposures. The paper further demonstrates how...

The results presented in this paper show that integrative financial and operating measures of liquidity provide investors and creditors with information beyond that provided by static measures of short-term liquidity such as the current and quick ratios. Using a sample of restaurant firms over the period 1994–2003, our analysis shows dynamic measures of liquidity provide a drastically different...

We explore the determinants of yield differentials between long-term sovereign bonds in the Euro area. There is a common trend in yield differentials, which is correlated with a measure of the international risk factor. In contrast, liquidity differentials display sizeable heterogeneity and no common factor. We present a model that predicts that yield differentials should increase in both liqui...

The paper models the interaction between risk taking in the financial sector and central bank policy for the case of pure illiquidity risk. It is shown that, when bad states are highly unlikely, public provision of liquidity may improve the allocation, even though it encourages more risk taking (less liquid investment) by private banks. In general, however, there is an incentive of financial in...

A growing empirical and theoretical literature argues in favor of specifying monetary policy in the form of Taylor-type interest rate feedback rules. That is, rules whereby the nominal interest rate is set as an increasing function of inflation with a slope greater than one around an intended inflation target. This paper shows that because of the zero bound on nominal interest rates, such rules...

In this paper we have evaluated the performance of VDGEDIR, CH-MFR, R-DIR, DREAM and LAR geocasting protocol proposed for mobile ad hoc networks. The performance has been compared in both static and mobile environment. In the static environment we have also considered SP algorithm to compare performance of geocasting algorithms with SP. Mobility is introduced using random walk mobility model. I...