In the current LIBOR transition to overnight–rate benchmarks, it is important understand theoretically and empirically what distinguishes actual term rates from overnight benchmarks or 'synthetic' based on such benchmarks. The well–known 'multi–curve' phenomenon of tenor basis spreads between structures associated with different payment frequencies provides key information this distinction. Thi...

Abstract In the Egyptian–Greek legal practice “fictitious loan agreements” are known as specific constructions of deferred purchase contracts ancient practice. While Roman law is well from its consensual contracts, such sales contract ( emptio venditio ), furthermore it acknowledged with payment valid sale, Greek always adhered to prompt sale and besides this, only additional solutions were app...

payment mechanism health insurance is a serious challenge for policy makers, access to health, continuing care, need to technology, huge expenses a considerable part of health funds is collected. therefore organizing and designing appropriate policies for organizing, financing, payment mechanism for providers and role of diagnostic related groups system. in this study, our main objective study ...