The European Credit Market and Institutions

This paper uses polled panel OLS robust estimations with quarterly data for 26 EU countries from the 1980s until 2006, comparing the results of three panels of countries during different time periods. The results obtained confirm the high degree of integration among the EU financial systems and demonstrate not only the quite high degree of openness of the financial markets, but also their indebtedness and the dependence of the EU banking institutions on the financial resources of other countries. Key words: European credit market; European bank institutions; financial integration; panel estimates.

European Integration and the Credit Channel Transmission of Monetary Policy

Using pooled panel OLS estimations and dynamic Arellano-Bond GMM estimations with quarterly data for 26 EU countries for the period from Q1 1999 to Q3 2006 this paper confirms the high degree of integration between the EU financial systems, as well as the importance of bank performance conditions to the credit-lending channel of monetary policy in the EU. Furthermore, it demonstrates not only the quite high degree of openness of the financial markets but also their indebtedness and the dependence of the EU banking institutions on the financial resources of other countries.European integration; bank credit; monetary policy transmission; panel estimates.

Letter from the Acting Secretary of the Interior, transmitting an estimate for appropriation of $35,000 for the purchase of one township of land in White Earth Reservation, for the use of the Pembina band of Chippewa Indians.

Appropriation for Purchase of Land. [1566] In the White Earth reservation of Minnesota for the Pembina band of Chippewas

The Collegian (2001-08-27)

https://scholarworks.utrgv.edu/collegian/1209/thumbnail.jp

Modeling of Complex Processes in Turbulent Flow of Unstable Emulsions of Immiscible Liquids

Turbulent flows of emulsions are associated with the processes of breakage, coalescence and sedimentation of droplets of dispersed liquid. Mechanisms of these physical phenomena that form the equilibrium composition of the droplets of dispersed phase are predetermined by the structure of turbulence. Spectrum of distribution of the dispersed droplets according to the size determines in turn the nature of the interaction with the continuous medium. Therefore, a hydrodynamic model for unstable emulsion (CFD) is completed by discrete population balance model (DPB). It reflects the state of the dispersed phase of the emulsion required to construct an adequate model for CFD. A joint application requires the coordination of the composition and structure of these models for formalizing of the complex interrelationships of physical phenomena in the continuous medium and the dispersed phase of the emulsion. The key advantages of such specification of the overall structure of the partial models of the CFD consist in that model includes only the mechanisms of breakup, coalescence and sedimentation of the droplets of the dispersed phase, which are really work in the given conditions. Using of a priori theoretical information in the form of mechanisms of basic physical phenomena (MBPP) is proposed, which is necessary for obtaining the desired particular solutions of applied problems on the basis of common CFD and DPB models

Message from the President of the United States, transmitting a communication from the Secretary of the Interior relative to trial of Indians committing certain crimes

Trial of Indians Committing Certain Crimes. [2333] Legislation extending jurisdiction over Indians for specific crimes

Letter from the Secretary of the Interior, communicating, in answer to a Senate resolution of January 8, 1879, information respecting an arrangement made between the Commissioner of Indian Affairs and the Lawrence University, of Appleton, Wis., for the education of Indian children

Education of Indian Children. [1828] On an arrangement between Lawrence University of Appleton, Wisconsin, and the CIA for the education of youths from the Oneida tribe