We investigate the impact of ECB conventional (CMP) on national banking indices 10 Eurozone countries and a Eurozone-wide index using event study technique. find that announcements unexpected increases in interest rates benefit French, German, Greek Italian banks when are low, while other periods, effect is muted. A plausible explanation bank profits squeezed low because reluctant to push depos...

this paper measures event risk which is introducing by the ball committee to measure the effect of sudden news. this study calculates event risk by using the data of registered firms in tehran stock market between 1993 and 1994. for computing event risk, we use daily market capitalization for 80 firms during 1993-2009, then dividing these firms to three baskets; big, medium and small. the model...

The prefrontal cortex (PF) is involved in outcome-based flexible adaptation in a dynamically changing environment. The outcome signal dissipates gradually over time, but the temporal dynamics of this dissipation remains unknown. To examine this issue, we analyzed the outcome-related activity of PF neurons in 2 monkeys in a distance discrimination task. The initial prestimulus period of this tas...

akin type (asymmetric) reverse osmosis membranes undergo an irreversible osmotic dehydration upon coming into contact (skin side) with salt solutions. the extent of consequent changes (in appearance; decrease in linear dimension, water flux and salt rejection) are dependent on the salt concentration. these observations are correlated with the expected morphological changes taking place during d...