How does competition affect efficiency and soundness in banking? New empirical evidence

A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization based approach to large data sets for European and U.S. banks, we offer new empirical evidence that efficiency plays a key role in the transmission from competition to soundness. We use a two-pronged approach. First, we employ Granger causality tests to establish the link between competition and measures of profit efficiency in banking, and find that competition indeed increases bank efficiency. Second, building on these results, we examine the relation between the Boone indicator [Boone, J. (2001) Intensity of competition and the incentive to innovate. IJIO, Vol. 19, pp. 705-726], an innovative measure of competition that focuses on the impact of competition on performance of efficient banks, and relate this measure to bank soundness. We find evidence that competition robustly increases bank soundness, via the efficiency channel. JEL Classification: G21, G28, L11Bank competition, Efficiency, market structure, regulation, soundness

RESIDENTIAL BUILDING - REINFORCED CONCRETE STRUCTURE

Bakalářská práce je zaměřena na návrh monolitické železobetonové stropní desky obytného objektu, vypracování výkresu tvaru a výkresů výztuže řešeného prvku. Další část této práce se zabývá problematikou výpočtu lokálně podepřených desek.The bachelor thesis is aimed for design of monolithic reinforced concrete slab of residential building, elaboration of shape and drawings of reinforcement of selected structural element. Another part of this document is about issues in calculating of locally supported slabs.

REACH – an overview

An outline of the new European policy in the management of chemicals is given. This new system is known under the acronym REACH which stands for Registration, Evaluation and Authorisation of Chemicals. The background, objectives, requirements and the operation of REACH are briefly explained

How does competition affect efficiency and soundness in banking? New empirical evidence

A growing body of literature indicates that competition increases bank soundness. Applying an industrial organization based approach to large data sets for European and U.S. banks, we offer new empirical evidence that efficiency plays a key role in the transmission from competition to soundness. We use a two-pronged approach. First, we employ Granger causality tests to establish the link between competition and measures of profit efficiency in banking, and find that competition indeed increases bank efficiency. Second, building on these results, we examine the relation between the Boone indicator [Boone, J. (2001) Intensity of competition and the incentive to innovate. IJIO, Vol. 19, pp. 705-726], an innovative measure of competition that focuses on the impact of competition on performance of efficient banks, and relate this measure to bank soundness. We find evidence that competition robustly increases bank soundness, via the efficiency channel

Testování bezmodelové samoseřizovací metody na laboratorním modelu kaskády tří nádrží

A newly developed model-free autotuning method based on frequency response analysis has been tested on a laboratory set-up that represents a physical model of a three-tank cascade. This laboratory model was chosen for the following reasons: a) the laboratory model was ready for computer control; b) simultaneously, computer simulation could be effectively utilized, because a mathematical description of the cascade based on quite exactly valid relations was available; c) the set-up provided the necessary degree of nonlinearity and changeable properties. The improvement of the laboratory set-up instrumentation presented here was necessary because the results obtained from the first experimental identification did not correspond to the results provided by the simulation. The data was evidently imprecise, because the available sensors and the conditions for process settling were inadequate.Pro testování nově vyvíjené bezmodelové samoseřizovací metody byl vybrán existující laboratorní model kaskády tří nádrží. Tento laboratorní model byl vybrán z následujících důvodů: a) laboratorní model je řiditelný pomocí počítače, b) jednoduchý matematický popis, c) dostatečný stupeň nelinearity a proměnnosti v čase. Prezentované rozšíření vybavení laboratorního modelu bylo nevyhnutelné, neboť výsledky získané z prvních experimentů nepříliš dobře odpovídaly výsledkům získaných pomocí simulace

Conception of Self-knowledge in work of Jiddu Krishnamurti

This Master thesis analyzes the conception of self-knowledge in work of Jiddu Krishnamurti. Jiddu Krishnamurti (1895-1986) was a spiritual teacher and writer, born in India and lived in USA. The goal of the thesis is to show Krishnamurti's conception of self-knowledge from its own. In thesis there are quotations from Krishnamurti's works and also from works of others related authors from ranks of philosophy, science or literature. The first part of thesis shows Krishnamurti's life and his work in general. The second part analyzes a topic of self-knowledge in work of Krishnamurti. First of all, the thesis tries to introduce the way in which Krishnamurti understands a self-knowledge and its potential. In the second place, it tries to incorporate Krishnamurti's work into context of whole human searchng with intention to find a dialog between science and spirituality and between East and West.Tato diplomová práce zkoumá pojetí sebepoznání v díle Jiddu Krishnamurtiho. Jiddu Krishnamurti (1895-1986) byl duchovní učitel a spisovatel, narozený v Indii a žijící v USA. Práce si klade za cíl představit Krishnamurtiho pojetí sebepoznání z něho samého. V práci jsou citovány úseky z Krishnamurtiho díla i z děl dalších souvisejících autorů z oborů filosofie, vědy či beletrie. První část práce představuje Krishnamurtiho život a dílo obecně. Druhá část zkoumá samotné téma sebepoznání v Krishnamurtiho díle. Práce se v prvé řadě snaží ukázat, jakým způsobem Krishnamurti rozumí sebepoznání a jeho možnostem. V druhé řadě se pokouší zařadit Krishnamurtiho dílo do kontextu celkového lidského hledání s intencí o nalezení dialogu mezi vědou a spiritualitou a mezi Východem a Západem.HTF - Katedra filozofieHusitská teologická fakultaHussite Theological Facult