Do temporary changes in earnings caused by mean reversion affect firms’ refinancing decisions?
Abstract We develop a dynamic two‐stage trade‐off model with refinancing when earnings are mean reverting. Our model predicts a negative relation between profitability and leverage at refinancing due to conservative debt increases. With multiple rounds of refinancing, the leverage–profitability relation may turn positive when firms have substantial ...
Elettra Agliardi +3 more
wiley +1 more source
A Systematic Review of Federated and Cloud Computing Approaches for Predicting Mental Health Risks. [PDF]
Fiaz I, Kanwal N, Al-Said Ahmad A.
europepmc +1 more source
Edge Temporal Digital Twin Network for Sensor-Driven Fault Detection in Nuclear Power Systems. [PDF]
Liu S, Ye G, Zhao X.
europepmc +1 more source
Hampered Monetary Policy Transmission ‐ A Supply‐Side Story?
Abstract This paper shows that the supply side of credit is a major factor for hampered monetary policy transmission in monopolistic banking markets. Our stress test data containing projected interest rates of all 1,555 small and medium‐sized banks in Germany under two hypothetical scenarios provide a clear way to partial out demand shocks that are ...
LOTTA HECKMANN‐DRAISBACH, JULIA HARDT
wiley +1 more source
TCS-FEEL: Topology-Optimized Federated Edge Learning with Client Selection. [PDF]
Chen H, Li H.
europepmc +1 more source
FD-IDS: Federated Learning with Knowledge Distillation for Intrusion Detection in Non-IID IoT Environments. [PDF]
Peng H, Wu C, Xiao Y.
europepmc +1 more source
Explainable federated transformer framework for joint leukemia classification and stage prediction. [PDF]
Parwez K +5 more
europepmc +1 more source
Discussion of ‘Robust distance covariance’ by S. Leyder, J. Raymaekers and P. J. Rousseeuw
International Statistical Review, EarlyView.
Hallin Marc +3 more
wiley +1 more source
Semi-decentralized federated learning with client pairing for efficient mutual knowledge transfer. [PDF]
Yang D, Lee J, Choi SG.
europepmc +1 more source
Psychiatric Morbidity Following Intestinal Infectious Diseases: A Nationwide Cohort Study in South Korea. [PDF]
Kang C, Lee SW, Jung H, Bae Y.
europepmc +1 more source

