M any analysts view personal saving behavior, summarized by statistics such as the personal saving rate or household debt acquisition, as a key determinant of real economic activity. Some blame the recent sluggishness of output and employment growth on low personal saving in recent years. The low rate of personal saving leaves consumers unprepared for their customary role of pulling the economy...

This paper addresses an issue in art and design research. The art and design community is not homogeneous, and there are artists who feel that research in art is very different from research in design, and deserves to be analysed separately. Likewise, there are designers who feel that design is distinctive and warrants a separate treatment. The fundamental issue in this paper is something that ...

Supplying sufficient early reflections to audience members is an important prerequisite to good acoustic quality in performing arts spaces. However, the relationship between the geometry of a room and its acoustic efficiency in terms of early energy has rarely been investigated using basic geometrical principles. The present study demonstrates the possibility of predicting the average value of ...

the main purpose of this paper is prediction of tse corporate financial bankruptcy using artificial neural networks. the mean values of key ratios reported in past bankruptcy studies were selected for neural network inputs (working capital to total assets, net income to total assets, total debt to total assets, current assets to current liabilities, quick assets to current liabilities). the neu...

Tujuan dari penelitian ini adalah untuk mengetahui faktor yang mempengaruhi pertumbuhan profitabilitas bank syariah di Indonesia. Penelitian menggunakan pendekatan kuantitatif dengan metode Autoregressive Distributed Lag (ARDL). Data digunakan data bulanan variabel makroekonomi dan perbankan periode Januari 2006 – Desember 2019. Variabel Industrial Production Index, Inflasi, Nilai Tukar Rupiah ...

We construct a Risk Management Index (RMI) to measure the strength and independence of the risk management function at bank holding companies (BHCs). U.S. BHCs with higher RMI before the onset of the financial crisis have lower tail risk, lower non-performing loans, and better operating and stock return performance during the financial crisis years. Over the period 1995 to 2010, BHCs with a hig...

(1) The necessary condition for an economic recovery is the new creation of purchasing power. Non-performing loans form an obstacle to the banks’ ability to create this purchasing power, and this is the root cause of the recession. (2) At the present time the central bank alone is able to increase purchasing power. It is necessary that it engages in open market purchases of assets and active fo...

We study an over-the-counter (OTC) market with bilateral meetings and bargaining where the usefulness of assets, as means of payment or collateral, is limited by the threat of fraudulent practices. We assume that agents can produce fraudulent assets at a positive cost, which generates endogenous upper bounds on the quantity of each asset that can be sold, or posted as collateral in the OTC mark...