river bank erosion can result in considerable riparian land loss and the delivery of large volumes of sediment to reaches downstream. consequently, the ability to predict the stability and failure geometry of eroding river banks is an important prerequisite for es-timating the rate of bank erosion and sediment yield associated with bank erosion. in this paper a new model capable of analyzing th...

CUDA shared memory is fast, on-chip storage. However, the bank conflict issue could cause a performance bottleneck. Current NVIDIA Tesla GPUs support memory bank accesses with configurable bit-widths. While this feature provides an efficient bank mapping scheme for 32-bit and 64-bit data types, it becomes trickier to solve the bank conflict problem through manual code tuning. This paper present...

This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data on 37 countries from 1996-2007, we find that bank stocks are more aligned with the whole market (1) during the financial crisis; (2) in countries that have more credit provided by banks; (3) in countries that do not have explicit depository insurance; and (4) in countries that h...

This paper presents a model of shadow banking in which the shadow and the traditional banking systems share a symbiotic relationship. The analysis shows that competition with an opaque and fragile shadow bank can bene…t the traditional bank, especially when the traditional bank faces liquidity risk stemming from collective actions by investors, such as runs. The opacity and fragility of the sha...

During the recent Financial Crisis, there were bank runs right after government bailout announcements. This paper develops a global game model of information based bank runs to analyze how the announcement of bailouts affects investors’ bank run incentives. The equilibrium probability of bank runs is uniquely determined. I conclude that before the announcement, the existence of such bailout pol...

This paper examines the optimal mix and priority structure of bank and market debt using a tax shield-bankruptcy cost tradeoff model where the only unique feature of banks is their ability to renegotiate. Closed-form expressions are derived for the values of renegotiable bank debt, non-renegotiable market debt, equity, and levered firm values. Optimal debt structure hinges upon ex post bargaini...