We use a structural vectorautoregressive technique to assess whether the EMU project and associated harmonization policies have made economic shocks in the respective countries to converge. We find that after implementation of the ECB, shock correlations have generally grown among EMU members while Germany can be identified as reference point. This may be a hint that, according to the Lucas cri...

In 2013, Joux, and then Barbulescu, Gaudry, Joux and Thomé, presented new algorithms for computing discrete logarithms in finite fields of small and medium characteristic. We show that these new algorithms render the finite field F36·509 = F33054 weak for discrete logarithm cryptography in the sense that discrete logarithms in this field can be computed significantly faster than with the previo...

Using continuous human ovarian cancer cell lines, i.p. xenografts were successfully established in nude mice from four of four attempts. When primary tumor material was used, xenografts grew in 8 of 10 attempts. From these eight, three passageable xenograft cell lines have been established. To our knowledge, this is the first report published of such xenografts. I.p. xenografts closely mimic th...

We quantify the effects of lending and balance sheet channels on corporate investment during large crises in emerging markets. The depreciated currency creates investment opportunities in the tradable sector but firms might be financially constrained due to: 1) a deterioration of their balance sheet via un-hedged foreign currency debt (balance sheet channel) and 2) a decline in the supply of cr...

This paper follows up on recent studies of the Eurozone interest rate pass-through. Using a generalized empirical approach that allows for a variety of different specifications of the pass-through, including asymmetric adjustment, the role of interest rate expectations, proxied by EURIBOR futures, in determining retail banking product pricing is explored. It is shown that the pass-through is fa...

This paper develops a sensible framework to get handle on the spatiotemporal plans of COVID-19 event, its real nature, and implications Financial Management MNCs (Multinational Corporations). In most straightforward structure, construction multinational Corporations is included parent organization that holds all licensed innovation rights, contract makers or undeniable which complete creative w...

the purpose of this paper is to evaluate the effect of financial liberalization on exchange rate volatilities of the selected developing countries, which are now known as liberalizing countries. thus we test the hypothesis in which financial liberalization effect exchange rate volatilities in 43 selected developing countries during 1996-2005. accordingly, a regression model of exchange rate vol...