We analyze the effects of capital adequacy regulation on bank insolvency and aggregate investment. We show that while the risk of bank insolvency may be reduced there are economic costs arising from repercussions of regulation on aggregate economic activity. Solvency regulation restricts loan supply and has adverse effects on investment. Using a model of the banking system that is characterized...

Smart environments are increasingly available and support users in their daily activities in different ways. This paper presents a service-based approach for users active in a smart environment such as a building, campus or public place. The concept is illustrated through the SSP project which provides environment-specific and contextual services on mobile devices running the Android platform.

Datacasting employs the excess bandwidth from digital television signals for use in one-way data transmission, and it is being used successfully for high-speed downloads at fixed locations. There is considerable interest in extending datacast usage to mobile users, although there are reception challenges in the mobile environment that can significantly impact system performance. To explore the ...

This paper presents a context management framework in mobile environment together with a context representation and processing method. This includes a flexible procedure for context collection, update, exchange and processing for a mobile environment. This framework incorporates not only the dynamic context but also the static context distributed both in the network and mobile node. By compilin...

With regulations on deposit rates and on-balance-sheet lending, Chinese banks have significantly increased off-balance-sheet activities in recent years, most notably by issuing wealth management products. We examine the relationship between the product characteristics and the issuing banks and find that (1) the scale of product issuance is greater for banks constrained more by on-balance-sheet ...

Article history: Received 5 April 2007 Received in revised form 3 March 2008 Accepted 17 April 2008 Available online 25 April 2008 There has been a considerable expansion of the volume of syndicated loans in emerging markets in the recent years. We provide the first analysis of the determinants of the decision of banks to syndicate a loan on a sample of loan facilities from 50 emerging countrie...