Our paper addresses firm size as a driver of systematic credit risk in loans to small and medium enterprises (SMEs). Key contributions are the use of a unique data set of SME lending by over 400 German banks and relating systematic risk to the size dependence of regulatory capital requirements. What sets our sample apart is its comprehensive coverage of the particularly rich and well developed ...

Trakya Bölgesi, yüzyıllar boyunca ortak bir coğrafyaya ve tarihsel geçmişe sahip farklı uygarlıklara ev sahipliği yaparak bütün olma özelliğini taşımıştır. Ancak, 19. yy sonları 20.yy başlarından itibaren, dünya tarihinde yaşanılan siyasi ekonomik gelişmelerin etkisiyle bütünlüğünü kaybetmiştir. Günümüzde bölge; Türkiye, Yunanistan Bulgaristan sınırları içinde kalan, büyük coğrafi alanı kapsama...

This paper uses insights from behavioral economics to explain a particularly surprising borrowing phenomenon: One in six undergraduate students offered interest-free loans turn them down. Models of impulse control predict that students may optimally reject subsidized loans to avoid excessive consumption during school. Using the National Postsecondary Student Aid Study (NPSAS), we investigate st...

Corrected authors’ contributions MN made substantial contributions to conception and design, acquisition of data, analysis and interpretation of data, and drafted the manuscript. DA made substantial contributions to conception and design, acquisition of data, analysis and interpretation of data. MC made substantial contributions to the inception of the study, revision of the manuscript, and is ...

Anjur SS. Student-centered physiology in high schools. Adv Physiol Educ 35: 161–167, 2011; doi:10.1152/advan.00076.2010.— Student test score percentages in the Physiology and Disease (PAD) course at the Illinois Mathematics and Science Academy, a high school for students of the state of Illinois gifted in math and science, were studied over a period of 5 yr. Inquiry-based laboratory experiences...

Drug-induced hepatotoxicity is a major issue for drug development, and toxicogenomics has the potential to predict toxicity during early toxicity screening. A bead-based Illumina oligonucleotide microarray containing 550 liver specific genes has been developed. We have established a predictive screening system for acute hepatotoxicity by analyzing differential gene expression profiles of well-k...