scholarly journals Endogeneity Analysis of Output Synchronization in the Current and Prospective EMU

2015 ◽  
Vol 54 (3) ◽  
pp. 525-543 ◽  
Author(s):  
Philip Arestis ◽  
Peter Phelps
2017 ◽  
Vol 2017 ◽  
pp. 1-9 ◽  
Author(s):  
Ernesto V. Gonzalez Solis ◽  
David I. Rosas Almeida

This article presents a technique for synchronizing arrays of a class of chaotic systems known as Sprott circuits. This technique can be applied to different topologies and is robust to parametric uncertainties caused by tolerances in the electronic components. The design of coupling signals is based on the definition of a set of functionals which depend on the errors between the outputs of the nodes and the errors between the output of a reference system and the outputs of the nodes. When there are no parametric uncertainties, we establish a criterion to design the coupling signals using only one state variable of each system. When the parametric uncertainties are present, we add a robust observer and a low pass filter to estimate the perturbation terms, which are subsequently compensated through the coupling signals, resulting in a robust closed loop system. The performance of the synchronization technique is illustrated by real-time simulations.


2017 ◽  
Vol 59 (3) ◽  
pp. 442-462 ◽  
Author(s):  
Megha Mahendru ◽  
Aparna Bhatia

Purpose This paper aims to analyze the cost, revenue and profit efficiency performance of Indian scheduled commercial banks. The study also determines differences if any related to efficiency among banks on the basis of ownership pattern. Design/methodology/approach Cost, revenue and profit efficiency of banks is calculated by using the non-parametric approach, namely, data envelopment analysis. Further, the differences in the efficiency scores are examined by applying analysis of variance. Findings Indian scheduled commercial banks have not been able to maintain their input-output synchronization in terms of cost, revenue and profits in the year 2012-2013. Foreign sector banks have higher cost and profit efficiency as compared to their counterparts in private and public sector, whereas public sector banks are found to have been more revenue efficient. Originality/value With specific reference to India, less empirical work has been carried out with respect to cost, revenue and profit efficiency. None of the studies have evaluated the sector-wise performance of banks in terms of all three efficiency parameters.


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