scholarly journals Risk Spillover: A New Perspective on the Study of Financing Difficulties for SMEs—Evidence from China

2021 ◽  
Vol 2021 ◽  
pp. 1-8
Author(s):  
Jinghong Xu ◽  
Dong Lian ◽  
Daguang Yang
Keyword(s):  
Quantitative Analysis ◽  
Commercial Banks ◽  
Spillover Effects ◽  
The Other ◽  
Time Varying ◽  
Changes In Risk ◽  
New Perspective ◽  
Degree Of Association ◽  
T Distribution ◽  
Risk Spillover Effects

Existing studies on the financing difficulties of middle- and small-sized enterprises (SMEs) have neglected the quantitative analysis of SMEs’ risk spillovers to banks. Therefore, taking China as an example, we have analyzed the financing difficulties of SMEs from the perspective of risk spillover. The GARCH time-varying copula-CoVaR model based on the skewed-t distribution was used to measure the risk spillover effects of SMEs on banks. Furthermore, the heterogeneous impacts of risk spillovers on different scale banks were analyzed, including state-owned banks, joint-stock banks, and city commercial banks. The study found that SMEs always have obvious risk spillover effects on banks; it is particularly difficult for SMEs to obtain loans from the largest state-owned banks because in extreme cases, SMEs have the highest risk spillover effects on state-owned banks. The changes in risk spillover effects are attributed to two reasons. One is that the degree of association between SMEs and various banks is different, and the other is that there are varying degrees of risk spillover effects among various banks.

scholarly journals Research on the Dependence Structure and Risk Spillover of Internet Money Funds Based on C-Vine Copula and Time-Varying t-Copula

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-11
Author(s):  
Huizi Ma ◽  
Lin Lin ◽  
Han Sun ◽  
Yue Qu
Keyword(s):  
Spillover Effect ◽  
Spillover Effects ◽  
Dependence Structure ◽  
Copula Model ◽  
Time Varying ◽  
Financial Products ◽  
T Copula ◽  
Dependence Relationship ◽  
Vine Copula ◽  
Risk Spillover Effects

Internet money funds (IMFs) are the most widely involved products in the Internet financial products market. This research utilized the C-vine copula model to study the risk dependence structure of IMFs and then introduces the time-varying t-copula model to analyze the risk spillover of diverse IMFs. The results show the following: (1) The risks of Internet-based IMFs, bank-based IMFs, and fund-based IMFs have obvious dependence structure, and the degree of risk dependence among different categories of IMFs is significantly different. (2) There are risk spillover effects among diverse IMFs, and their risk dependence relationship is characterized by cyclical feature. (3) The risk spillover effect among diverse IMFs is pronounced, and dynamic risk dependence between IMFs is characterized by synchronization.

Items’ Cross-Category Associations as a Confounding Factor in the Implicit Association Test

2001 ◽  
Vol 48 (2) ◽  
pp. 123-134 ◽  
Author(s):  
Melanie C. Steffens ◽  
Inga Plewe
Keyword(s):  
Implicit Association Test ◽  
Confounding Factor ◽  
Reaction Times ◽  
Association Test ◽  
The Other ◽  
Reaction Time Difference ◽  
Implicit Association ◽  
Male And Female ◽  
Research Activities ◽  
Degree Of Association

Abstract. The introduction of the Implicit Association Test (IAT; Greenwald, McGhee, & Schwartz, 1998 ) has stimulated numerous research activities. The IAT is supposed to measure the degree of association between concepts. Instances have to be assigned to these concepts by pressing appropriate keys as quickly as possible. The reaction time difference between certain conditions, termed the IAT effect, is used as an indicator of the degree of the concepts’ association. We tested the hypothesis that the degree of association between one concept (or category) and the instances of the other presented concept also influences reaction times. In our experiment, the instances in the target categories, male and female names, were kept constant. The adjectives in the evaluative categories were manipulated: Either the pleasant adjectives were female-associated and the unpleasant adjectives were male-associated, or vice versa. These stereotypic associations were indeed found to exert a substantial influence on the size of the IAT effect. This finding casts doubt on the assumption that the IAT effect may be interpreted as a pure measure of the degree of association between concepts.

Lorenzo at ‘The Theatre’ Meeting actors and audience

2018 ◽  
pp. 13-38
Author(s):  
N. Ceramella
Keyword(s):  
Social Structure ◽  
Social Situation ◽  
The Other ◽  
Detailed Account ◽  
The Social ◽  
New Perspective ◽  
The One

The article considers two versions of D. H. Lawrence’s essay The Theatre: the one which appeared in the English Review in September 1913 and the other one which Lawrence published in his first travel book Twilight in Italy (1916). The latter, considerably revised and expanded, contains a number of new observations and gives a more detailed account of Lawrence’s ideas.Lawrence brings to life the atmosphere inside and outside the theatre in Gargnano, presenting vividly the social structure of this small northern Italian town. He depicts the theatre as a multi-storey stage, combining the interpretation of the plays by Shakespeare, D’Annunzio and Ibsen with psychological portraits of the actors and a presentation of the spectators and their responses to the plays as distinct social groups.Lawrence’s views on the theatre are contextualised by his insights into cinema and its growing popularity.What makes this research original is the fact that it offers a new perspective, aiming to illustrate the social situation inside and outside the theatre whichLawrenceobserved. The author uses the material that has never been published or discussed before such as the handwritten lists of box-holders in Gargnano Theatre, which was offered to Lawrence and his wife Frieda by Mr. Pietro Comboni, and the photographs of the box-panels that decorated the theatre inLawrence’s time.

The Image of the Hasmoneans: A New Perspective

2018 ◽  
Author(s):  
Vered Noam
Keyword(s):  
First Generation ◽  
Second Temple ◽  
The Other ◽  
Three Generations ◽  
The Creation ◽  
New Perspective ◽  
The One

In attempting to characterize Second Temple legends of the Hasmoneans, the concluding chapter identifies several distinct genres: fragments from Aramaic chronicles, priestly temple legends, Pharisaic legends, and theodicean legends explaining the fall of the Hasmonean dynasty. The chapter then examines, by generation, how Josephus on the one hand, and the rabbis on the other, reworked these embedded stories. The Josephan treatment aimed to reduce the hostility of the early traditions toward the Hasmoneans by imposing a contrasting accusatory framework that blames the Pharisees and justifies the Hasmonean ruler. The rabbinic treatment of the last three generations exemplifies the processes of rabbinization and the creation of archetypal figures. With respect to the first generation, the deliberate erasure of Judas Maccabeus’s name from the tradition of Nicanor’s defeat indicates that they chose to celebrate the Hasmonean victory but concealed its protagonists, the Maccabees, simply because no way was found to bring them into the rabbinic camp.

scholarly journals Geocomputing, New Technologies and Historical Analysis: Tools for a Changing Planet

Proceedings ◽  
2019 ◽  
Vol 30 (1) ◽  
pp. 9
Author(s):  
Sebastiano Trevisani
Keyword(s):  
Quantitative Analysis ◽  
Philosophy Of Science ◽  
New Technologies ◽  
Historical Analysis ◽  
Holistic Approach ◽  
Research Topic ◽  
The Other ◽  
Historical Records ◽  
The Earth ◽  
The Relationship

Modern Earth Scientists need also to interact with other disciplines, apparently far from the Earth Sciences and Engineering. Disciplines related to history and philosophy of science are emblematic from this perspective. From one side, the quantitative analysis of information extracted from historical records (documents, maps, paintings, etc.) represents an exciting research topic, requiring a truly holistic approach. On the other side, epistemological and philosophy of science considerations on the relationship between geoscience and society in history are of fundamental importance for understanding past, present and future geosphere-anthroposphere interlinked dynamics.

A parametric family of Massey-type methods: inference, prediction, and sensitivity

2020 ◽  
Vol 16 (3) ◽  
pp. 255-269
Author(s):  
Enrico Bozzo ◽  
Paolo Vidoni ◽  
Massimo Franceschet
Keyword(s):  
Quantitative Analysis ◽  
Control Theory ◽  
Dynamic Systems ◽  
Parametric Family ◽  
Time Varying ◽  
Multi Agent ◽  
Key Features ◽  
The Stability ◽  
Agent Coordination ◽  
Time Aware

AbstractWe study the stability of a time-aware version of the popular Massey method, previously introduced by Franceschet, M., E. Bozzo, and P. Vidoni. 2017. “The Temporalized Massey’s Method.” Journal of Quantitative Analysis in Sports 13: 37–48, for rating teams in sport competitions. To this end, we embed the temporal Massey method in the theory of time-varying averaging algorithms, which are dynamic systems mainly used in control theory for multi-agent coordination. We also introduce a parametric family of Massey-type methods and show that the original and time-aware Massey versions are, in some sense, particular instances of it. Finally, we discuss the key features of this general family of rating procedures, focusing on inferential and predictive issues and on sensitivity to upsets and modifications of the schedule.

Combatting Bias in the Criminal Courts of France, 1870s-1913

2020 ◽  
Vol 60 (2) ◽  
pp. 137-168
Author(s):  
James Donovan
Keyword(s):  
Nineteenth Century ◽  
Quantitative Analysis ◽  
Working Class ◽  
The Other ◽  
Fin De Siecle ◽  
Criminal Courts ◽  
Chief Justice ◽  
Jury Verdicts ◽  
Nineteenth Century France ◽  
A Charge

Abstract In nineteenth-century France, liberals assumed that a conservative judiciary was frequently biased in favour of the prosecution, and socialists assumed that juries were dominated by the upper classes and too unrepresentative of the population to render justice equitably. Agitation by the left to combat these perceived biases led to the adoption of two key reforms of the fin de siècle. One was the abolition in 1881 of the résumé, or summing-up of the case by the chief justice of the cour d’assises (felony court). Liberals thought this reform was necessary because judges allegedly often used the résumé to persuade jurors in favour of conviction, a charge repeated by modern historians. The other reform, beginning at about the same time, was to make jury composition more democratic. By 1880, newly empowered liberals (at least in Paris) had begun to reduce the proportion of wealthy men on jury lists. This was followed in 1908 by the implementation of a circular issued by the Minister of Justice ordering the jury commissions to inscribe working-class men on the annual jury lists. However, a quantitative analysis of jury verdicts suggests that the reforms of the early 1880s and 1908 had only modest impacts on jury verdicts. Ideas and attitudes seem to have been more important. This has implications regarding two key controversies among modern jurists: the extent to which judges influence jurors and the extent to which the characteristics of jurors influence their verdicts.

Sight distance red zones on combined horizontal and sag vertical curves

1998 ◽  
Vol 25 (4) ◽  
pp. 621-630 ◽  
Author(s):  
Yasser Hassan ◽  
Said M Easa
Keyword(s):  
Quantitative Analysis ◽  
Three Dimensional ◽  
The Other ◽  
Two Dimensional ◽  
Horizontal Curve ◽  
Sight Distance ◽  
Stopping Sight Distance ◽  
Three Dimensional Models ◽  
Highway Alignment ◽  
Current Standards

Coordination of highway horizontal and vertical alignments is based on subjective guidelines in current standards. This paper presents a quantitative analysis of coordinating horizontal and sag vertical curves that are designed using two-dimensional standards. The locations where a horizontal curve should not be positioned relative to a sag vertical curve (called red zones) are identified. In the red zone, the available sight distance (computed using three-dimensional models) is less than the required sight distance. Two types of red zones, based on stopping sight distance (SSD) and preview sight distance (PVSD), are examined. The SSD red zone corresponds to the locations where an overlap between a horizontal curve and a sag vertical curve should be avoided because the three-dimensional sight distance will be less than the required SSD. The PVSD red zone corresponds to the locations where a horizontal curve should not start because drivers will not be able to perceive it and safely react to it. The SSD red zones exist for practical highway alignment parameters, and therefore designers should check the alignments for potential SSD red zones. The range of SSD red zones was found to depend on the different alignment parameters, especially the superelevation rate. On the other hand, the results showed that the PVSD red zones exist only for large values of the required PVSD, and therefore this type of red zones is not critical. This paper should be of particular interest to the highway designers and professionals concerned with highway safety.Key words: sight distance, red zone, combined alignment.

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