Currently, Eurodollars and fed funds markets combined trade about $220 billion in funds daily, the vast majority of which with overnight tenor. In this paper, we document several features of these wholesale unsecured dollar funding markets. Using daily confidential data on wholesale unsecured borrowing and reserve balances, we show that foreign banks, which make up most of the trading volumes i...

introduction: brain computer interface (bci) systems based on movement imagination (mi) are widely used in recent decades. separate feature extraction methods are employed in the mi data sets and classified in virtual reality (vr) environments for real-time applications. methods: this study applied wide variety of features on the recorded data using linear discriminant analysis (lda) classifier...

this work aims to extract the mineralogical constituents of the lahroud hyperion scene situated in the nw of iran. like the other push-broom sensors, hyperion images suffer from spectral distortions, namely the smile effect. the corresponding spectral curvature is defined as an across-track wavelength shift from the nominal central wavelength, and alters the pixel spectra. the common “column me...

-The design of wholesale electricity markets through deregulation has focused almost exclusively on the development of competitive supply (generation). The demand side of the market has been virtually ignored. Mostly, this is due to the assumption that electricity demand is almost completely inelastic. As a result, deregulated wholesale markets universally fail to pass price signals down to the...

A theory advanced in regulatory hearings holds that market performance will be improved if one side of themarket is forced to publicly reveal preferences. For example, wholesale electricity producers claim that retail electricity consumers would pay lower prices if wholesale public utility demand is disclosed to producers. Experimental markets studied here featured decentralized, privately nego...

This study evaluates the impacts of the trade liberalization under Doha Round on basmati rice in Pakistan using a partial equilibrium model. Price integration analysis shows that there is a stable long-run relationship between farm gate price and wholesale price and between wholesale price and world price of basmati and non-basmati rice. Direction of influence is from world price to wholesale p...

Consumer goods manufacturers usually sell their brands to consumers through common independent retailers. Theoretical research on such channel structures has analyzed the optimal behavior of channel members under alternative assumptions of manufacturer-retailer interaction (Vertical Strategic Interaction). Research in Empirical Industrial Organization has focused on analyzing the competitive in...

At the micro perspectives, many studies have identified total shipment quantity, wholesale price at previous day, national holiday effect, as the variables affecting the wholesale price level of stored apple. However, the report of production volume effect at a given year on wholesale price level from the point of macro perspectives in practice, especially in agricultural industry, has been rel...

This paper studies the e¤ect of pharmaceutical regulation at the wholesale level, if markets are integrated by parallel trade, i.e. trade outside the manufacturer’s authorized distribution channel. In particular, maximum wholesale margins, a restriction of pricing by the intermediary, and mandatory rebates, a restriction of the pricing by the manufacturer, are analyzed with respect to their e¤e...