Fiscal shocks and real exchange rate dynamics: some evidence for Latin America by Caporale, Guglielmo Maria, Ciferri, Davide, Girardi, Alessandro

“…Using quarterly data over the period 1980-2006, we find that in a majority of cases fiscal shocks are the main driving force of real exchange rate fluctuations.…”
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Ageing and personal retirement savings plan participation with heterogeneity in preferences : the Portuguese case by Barros, Carlos Pestana, Caporale, Guglielmo Maria, Garcia, Maria Teresa Medeiros

“…A mixed logit model is used to analyse the determinants of retirement saving behaviour, allowing for heterogeneity in the responses. We find considerable heterogeneity among individuals (in terms of socio-economic variables such as age, gender and income), which must be taken into account by any policy aimed at changing retirement saving behaviour.…”
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Identification of segments of European banks with a latent class frontier model by Barros, Carlos Pestana, Caporale, Guglielmo Maria, Gil-Alana, Luis A.

“…A latent class frontier model is used which allows the identification of different segments in the production frontier. We find that there are three statistically significant segments in the sample. …”
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Opinion on the compatibility of the Anti-Counterfeiting Trade Agreement (ACTA) with the European Convention on Human Rights & the EU Charter of Fundamental Rights by Korff, Douwe, Brown, Ian

“…It follows a request to find out “if the final Version of ACTA and its foreseen legislative procedure is in line with the Treaties of the European Union and which legal possibilities there are for the European Parliament to challenge this in front of the European Court of Justice.” …”
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Characteristic qualities affecting landed house prices by Mohamad, Muhamad Hilmi, Nawawi, Abdul Hadi, Mohd Safian, Edie Ezwan, Ahmad Saleh, Ahmad Fawwaz

“…The research was conducted to find the characteristics quality of houses in Malaysia. …”
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Some aspects of fitting multinomial models in a GLM framework by Ali, Muhammad Younis

“…The method given here also allows us to find the ‘hat - matrix’ as is needed in the calculation of leverages and Cook’s distances. …”
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Are rating agencies' assignment opaque? Evidence from international banks by Bellotti, Tony, Matousek, Roman, Stewart, Chris

“…Although support vector machines can identify significant determinants we argue that ordered choice models are more reliable for this. Our findings suggest that ratings reflect a bank’s financial position, the timing of rating assignment and a bank’s country of origin. …”
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Finite sample sensitivity of the critical value of an F-test for cointegration in a single equation ADL model by Stewart, Chris

“…Using simulation methods we find that these critical values are sensitive to the degree of autocorrelation and lag length in the DGP in finite samples. …”
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Banking efficiency and Economic growth in the MENA region by Ghannouchi, Walid, Radić, Nemanja

“…We apply a causality analysis between cost efficiency and financial deepening using the Generalized Methods of Moments and our findings show a significant and positive causality and reverse relationship between financial deepening and banking productivity. …”
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Integration in European retail banking: evidence from savings and lending rates to the household sector by Rughoo, Aarti, Sarantis, Nicholas

“…This method analyses the degree as well as the speed of convergence, identifies the presence of club formation, and measures the behaviour of each country’s transition path relative to the panel average. We find evidence supporting integration in the deposit and short-term mortgage markets but not in the consumer credit market and longer term mortgages. …”
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Comparison of Basic Iterative Methods Used to Solve of Heat and Fluid Flow Problems by Abdulbaset S Alkrbash, Abdulbaset S Alkrbash, Alhadi A Abosbaia, Alhadi A Abosbaia, Abdulhafid M Elfaghi, Abdulhafid M Elfaghi

“…The Jacobi method, the point Gauss-Seidel method, the successive over-relaxation method (SOR), the line Gauss method (TDMA), the ADI method and Strongly Implicit (SIP) method are among the iterative approaches investigated, which are then compared to find the most optimal method. The selection criteria included the number of iterations and the time needed to reach convergence. …”
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Comparison of Basic Iterative Methods Used to Solve of Heat and Fluid Flow Problems by Abdulbaset S Alkrbash, Abdulbaset S Alkrbash, Alhadi A Abosbaia, Alhadi A Abosbaia, Abdulhafid M Elfaghi, Abdulhafid M Elfaghi

“…The Jacobi method, the point Gauss-Seidel method, the successive over-relaxation method (SOR), the line Gauss method (TDMA), the ADI method and Strongly Implicit (SIP) method are among the iterative approaches investigated, which are then compared to find the most optimal method. The selection criteria included the number of iterations and the time needed to reach convergence. …”
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Study on Palm Oil Kernel Shell Coarse Aggregate (PKSCA) as replacement material for coarse aggregate in concrete mix by Ahmad Jeni, Mohamad Luthfi, Zaini, Mohamad Azrul

“…So this study was carried out to find the alternative material for cement to overcome highly cost material especially coarse aggregate. …”
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Enhancing efficiency and robustness against collision attack using Mersenne number transform for hash function by Omar Maetouq, Ali Aboulqasim

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Price Competition, Efficiency and Riskiness in Investment Banking by Radić, Nemanja, Fiordelisi, Franco, Girardone, Claudia

“…Our paper examines the intertemporal relationships between price competition, cost efficiency and riskiness for a sample of investment banks inten large developed countries over 2000-2008.We show that price competition is rather limited in investment banking worldwide thus implying the existence of colluding oligopolies.We also find that although investment banks’ stability was granted by relatively low competitive pressures, banks appeared prone to take more risk thus giving some support to the competition-stability view for the investment banking industry.…”
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Labour reallocation and total factor productivity growth in China by You, Kefei, Sarantis, Nicholas

“…The empirical evidence rejects VES and CES and supports the Cobb Douglas production function. We find that rural transformation has made a highly significant contribution to total factor productivity and output growth in China irrespective of the production function and capital series employed. …”
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Long memory and fractional integration in high frequency financial time series by Caporale, Guglielmo Maria, Gil-Alana, Luis A.

“…Fractional integration or I(d) models are estimated with a variety of specifications for the error term. In brief, we find evidence that a lower degree of integration is associated with lower data frequencies. …”
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EU banks rating assignments: is there heterogeneity between new and old member countries? by Caporale, Guglielmo Maria, Matousek, Roman, Stewart, Chris

“…We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. We find that country-specific factors (in the form of heterogeneous intercepts) are a crucial determinant of ratings. …”
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Price Discovery and Trade Fragmentation in a Multi-Market Environment: Evidence from the MTS System by Caporale, Guglielmo Maria, Girardi, Alessandro

“…The implications of these empirical findings are discussed in the light of the debate about the possible restructuring of the regulatory framework for the Treasury bond market in Europe.…”
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Consumption, Wealth, Stock and Housing Returns: Evidence from Emerging Markets by Caporale, Guglielmo Maria, Sousa, Ricardo M.

“…We use quarterly data for a panel of 31 emerging economies and find that, when agents expect future stock returns to be higher, they will temporarily allow consumption to rise. …”
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