A proposal for efficiently resolving out-of-the-money swap positions at large insolvent banks [PDF]
Recent evidence suggests that bank regulators appear to be able to resolve insolvent large banks efficiently without either protecting uninsured deposits through invoking "too-big-to-fail" or causing serious harm to other banks or financial markets.
George G. Kaufman
core
Intelligent radiative cooling devices, adaptable to various weather conditions, have the potential for year‐round energy savings. This study introduces a sustainable dual‐mode film made from polycaprolactone nanofibers and upcycled chip bags for effective thermal management.
Qimeng Song+4 more
wiley +1 more source
Are banks too big to fail or too big to save ? International evidence from equity prices and CDS spreads [PDF]
Deteriorating public finances around the world raise doubts about countries'abilities to bail out their largest banks. For an international sample of banks, this paper investigates the impact of government indebtedness and deficits on bank stock prices ...
Demirguc-Kunt, Asli, Huizinga, Harry
core
Phosphorescent OLEDs suffer from efficiency roll‐off due to triplet‐polaron quenching (TPQ). This study demonstrates for a large set of host‐guest combinations a spectroelectrochemical method to measure the absorption of charged molecules, enabling determining TPQ Förster radii (2.5–4 nm) from the spectral overlap.
Stan E. A. Jaspars+5 more
wiley +1 more source
Estimating real and nominal term structures using Treasury yields, inflation, inflation forecasts, and inflation swap rates [PDF]
This paper develops and estimates an equilibrium model of the term structures of nominal and real interest rates. The term structures are driven by state variables that include the short term real interest rate, expected inflation, a factor that models ...
George Pennacchi+2 more
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Sono‐Piezo‐Photosynthesis of Ethylene and Acetylene from Bioethanol under Ambient Conditions
A novel sono‐piezo‐photocatalytic strategy enables the conversion of bioethanol to ethylene (C2H4) and acetylene (C2H2) under ambient conditions, addressing the limitations of conventional methods that are high‐temperature and energy‐intensive. By using an advanced graphene oxide/sodium bismuth titanate heterostructure catalyst, this work achieved ...
Yue Jiang+21 more
wiley +1 more source
Markov Functional Market Model nd Standard Market Model [PDF]
The introduction of so called Market Models (BGM) in 1990s has developed the world of interest rate modelling into a fresh period. The obvious advantages of the market model have generated a vast amount of research on the market model and recently a new ...
Sun, Tiantang
core
Quantum Emitters in Hexagonal Boron Nitride: Principles, Engineering and Applications
Quantum emitters in hexagonal boron nitride have emerged as a promising candidate for quantum information science. This review examines the fundamentals of these quantum emitters, including their level structures, defect engineering, and their possible chemical structures.
Thi Ngoc Anh Mai+8 more
wiley +1 more source
Numerical analysis of an extended structural default model with mutual liabilities and jump risk [PDF]
We consider a structural default model in an interconnected banking network as in Lipton [International Journal of Theoretical and Applied Finance, 19(6), 2016], with mutual obligations between each pair of banks. We analyse the model numerically for two banks with jumps in their asset value processes.
arxiv
Long term prospects in Eastern Europe : the role of external finance in an era of change [PDF]
Private investors have an important role toplay in the ongoing process of reform in Eastern Europe. So external creditworthiness is crucial to a successful transition.
Diwan, Ishac, Saldanha, Fernando
core