To what extent do bond market reactions to an unexpected deficit shock depend on state-specific politics? To answer this question, we calculate German state bond spreads over government benchmark paper using information from Datastream for the period 2006-2010. We test for a variety of institutional and political factors. We find evidence that investors base risk perceptions on state specific e...

This paper examines the conditions required to guarantee positive prices in the CAPM. Positive prices imply an upper bound on the equity premium. This upper bound depends on the degree of diversity of firms’ fundamentals, and it is independent of investors’ preferences. In economies with realistically diverse assets the only positive-price CAPM equilibrium theoretically possible is a degenerate...

Abstract We review the Seyfert 1.5 Galaxy ESO 362-G18 for exploring origin of soft X-ray excess. The Warm Corona and Relativistic Reflection models are two main scenarios to interpret excess in AGNs at present. use simultaneous observation data XMM-Newton NuSTAR on Sep. 24th, 2016 perform spectral analysis steps. First, we analyze time-average spectra by using models. Moreover, also explore Hyb...

SUMMARY This article summarizes Knechel, Thomas, and Driskill (2020), conceptualizing financial auditing as an economic service. In contrast to the production of tangible goods, a central characteristic services is substantial customer/client participation in process. Financial intensive collaborative network service due multiple parties involved consumption resulting output. introduces signifi...

Nucleotide residues in E. coli tRNA(Phe) interacting directly with proteins in pre- and posttranslocated ribosomal complexes have been identified by UV-induced cross-linking. In the tRNA(Phe) molecule located in the Ab-site (pretranslocated complex) residues A9, G18, A26 and U59 are cross-linked with proteins S10, L27, S7 and L2, respectively. In tRNA(Phe) located in the Pt-site (posttranslocat...

The genotype × environment interaction has a direct effect on genotypes stability and adaptability in different environmental conditions . In this sense, plant breeders look for genotypes that have general adaptability, or they look for genotypes that have specific adaptability for specific environments. In this regard, 20 chickpea genotypes were used in a randomized complete block design with ...

Developing high yielding and stable genotypes for wide and specific adaptation is important in wheat (Triticum aestivum L.) production. The objective of this study was to exploit the gains from genotype by environment interaction for increased bread wheat production in eastern Africa. Thirty-three advanced bread wheat lines, along with two check varieties (Danda’a and Hidasse) were evaluated at...