This paper investigates the role of economic freedom in banking stability by using a panel data set for the period 1998-2013 in 43 selected countries. We turn our investigation to the effects of economic freedom on banking stability. The effects of economic freedom on financial stability are estimated. This paper calculates the z-score measure for banking stability. The findings from this study ...

A simple proof and detailed analysis on the non-ergodicity for multidimensional harmonic oscillator systems with Nose-Hoover type thermostat are given. The origin of nonergodicity is symmetries in target physical system, differ from that 1-dimensional oscillator. new deterministic method to recover ergodicity also presented. An individual variable attached each degree freedom, all these variabl...

The banking sector is one of the important financial intermediaries in an economic system. Improvement in the banking sector can achieve optimal allocation of financial resources. The performance of banks and other financial service providers has direct effect on economic growth. One of the factors that can affect the banks operation is economic freedom. Economic freedom and freedom of private ...

A method of estimating damping parameters for multidegree-of-freedom vibration systems is outlined, involving a balance of dissipated and supplied energies over a cycle of periodic vibration. The power is formulated as the inner product between velocity and force terms, and integrated over a cycle. Conservative terms (mass and stiffness) drop out of the formulation. The displacement response an...