Realizing that a financial intermediary’s lending, treated as an investment opportunity, is like a financial call option clarifies the role of uncertainty. We argue that the portfoliotheoretic approach and the firm-theoretic approach have important linkages that can be used to demonstrate the contingent claim analysis of a rate-setting financial intermediary. Borrowerintermediary-lender relatio...

Social Happiness is one of the humanity’s most necessary innate needs and which plays a crucial role in the sublimity of individuals and society. Reaching this would occur once individual has either physical or mental health. One of the effective factors in increasing the amount of individuals’ social Happiness especially in women is providing them with mental dimension of security e.g. felling...

With rising trading volumes in domestic and cross-border security transactions, risks faced by global financial firms and markets are increasing. To manage settlement risks and maintain competitiveness in global financial markets, the U.S. Security and Exchange Commission (SEC) has decided to shorten the settlement cycle of security transactions from the current T+3 to T+1. As a result, key pla...

OBJECTIVE To analyze the epidemiological and economic burden of the health services demand due to diabetes and hypertension in Mexico. METHODS Evaluation study based on a time series study that had as a universe of study the assured and uninsured population that demands health services from the three main institutions of the Health System in Mexico: The Health Department, the Mexican Institute ...