5,904 research outputs found
Trace element geochemistry and PGE potential of noritic bodies from Uauá block, Bahia - Brazil
Preliminary field relationship and incompatible trace element geochemistry on two bodies of noritic rocks from Uauá area are discussed with the aim of evaluating their metallogenic potential. The rocks show primitive mantle normalized and chondrite normalized patterns very similar to chilled margins and parental magmas to the Bushveld and Insizwa complexes (RSA) which host major platinum group elements deposits. The data suggest the Uauá noritic bodies may be potential for ore mineralisation.Preliminary field relationship and incompatible trace element geochemistry on two bodies of noritic rocks from Uauá area are discussed with the aim of evaluating their metallogenic potential. The rocks show primitive mantle normalized and chondrite normalized patterns very similar to chilled margins and parental magmas to the Bushveld and Insizwa complexes (RSA) which host major platinum group elements deposits. The data suggest the Uauá noritic bodies may be potential for ore mineralisation.
Are Asset Securitization bonds different in W.E. vis-à-vis with the U.S.
The main objective of this empirical analysis is to provide some evidence in
the differences in pricing between Asset Securitization bonds such as: Asset
Backed Securities (ABS), Mortgage Backed Securities (MBS) and Collateralized
Debt Obligations (CDOs) issued in the United States and in the Western
European market. Using micro and macroeconomic variables as controls the
study pretends to show the effect that the 2008 financial crisis as well as the deal
region had in the credit spread of these securities between January 1st, 2000 and
December 31st, 2016. The sample used, contains 66,354 observations, divided in
35,453 ABS, 19,941 MBS, and 10,960 CDOs.
After performing the econometric analysis, it was evident that the 2008
financial crisis increased the value of the spreads especially in the U.S. Moreover,
the sovereign debt crisis that occurred in Europe, starting in 2009 with the first
Covered Bonds Purchase Programme (CBPP) launched by the ECB led to a
reduction of the credit spreads of these securities with a large reduction until
2013 and an increase from 2013 to 2016.
It was also concluded that: (i) a better rating reduces the credit spread for all
types of AS bonds; (ii) rated AS bonds have lower spreads than not rated ones;
(iii) higher bond maturities reduce the credit spread of the bond; (iv) higher
government yields are related to a reduction in the pricing of AS bonds; (v)
issuances in the UK turned out to have a higher credit spread. In addition, this
research provides robustness checks with issuer parent details and key ratios that
helped to confirm the conclusions achieved by the statistical analysis.O principal objetivo deste estudo empírico é o de fornecer provas entre as
diferenças de preço entre “Asset Securitization bonds” (AS bonds) tais como:
“Asset Backed Securities” (ABS), “Mortgage Backed Securities” (MBS) e
Collateralized Debt Obligations”(CDOs) emitidas nos Estados Unidos da
América e na Europa Ocidental. Usando variáveis micro e macroeconómicas
como variáveis independentes este estudo tem o principal objetivo de mostrar o
efeito que a crise financeira de 2008 e a região onde estas obrigações foram
emitidas tiveram no preço destas obrigações entre 1 de Janeiro de 2000 e 31 de
Dezembro de 2016. A amostra utilizada tem 66,354 observações (tranches
emitidas), dividas em 35,453 ABS, 19,941 MBS e 10,906 CDOs.
Depois de feita a análise ecnométrica, foi claro o impacto que a crise financeira
de 2008 teve no aumento do preço destas obrigações, com especial relevância nos
Estados Unidos. Mais ainda, verificou-se que a crise de dívida soberana que
ocorreu na Europa, começando em 2009 com o primeiro programa de compra de
obrigações por parte do Banco central Europeu, levou a uma redução do preço
destes instrumentos financeiros, nomeadamente até 2013, ano a partir do qual os
preços começaram a subir até 2016.
Também se conclui que: (i) um rating melhor traduz-se numa redução do
preço para os três tipos de obrigações analisadas neste estudo; (ii) AS bonds com
rating têm preços menores do que aquelas sem rating; (iii) obrigações com uma
maturidade maior traduz-se numa redução do preço das mesmas; (iv) quanto
maior a “yield” das obrigações do país onde as AS bonds são emitidas, menor é
o preço das AS bonds; (v) emissões de AS bonds no Reino Unido revelam ter um
preço maior. Adicionalmente, este estudo fornece uma análise robusta, inserindo
algumas características relativas aos bancos que emitiram AS bonds durante o período de análise, tendo como objetivo confirmar as conclusões atingidas
durante a análise estatística
In search of excellence - Innovation contests to foster innovation and entrepreneurship in Portugal
Innovation contests are one of numerous initiatives of different nature which have taken place in Portugal over the recent years aiming at raising consciousness of the importance and advantages of innovation and entrepreneurship. From sporadic and unpretentious events before 2000, the phenomenon gained unprecedented dimension and became a popular means that many different organizations use to uncovering novel business ideas and promoting innovation and entrepreneurship. Based on a large data base purposefully built for this research by the author, this paper characterizes the phenomenon of innovation contests in Portugal over the period 2000-2008. Findings show an increasing trend in the number of innovation contests launched annually in Portugal, high rates of rotation of the innovation contests launched annually and growing diversification of promoters
Security vulnerabilities on implantable medical devices
Implantable medical devices are used for critical functions like diagnosis, prevention, control, treatment or lifeenhancing patients with chronic diseases, through diagnosing and/or monitoring for better care and quality of patients' lives. Communication between medical devices and healthcare professionals is of utmost importance to treat health data and critical functions without the need for patient surgery. Increasingly, the development, implementation and use of security mechanisms that can provide the availability of information, the integrity of medical devices and the confidentiality of data are needed. Alteration of data, theft, improper access to this information, or even denial of service in a healthcare system can lead to the death of patients on devices
such as these essential to life. This paper mainly contribution is a research on implantable medical device vulnerabilities and attack mitigation strategies.5311-8814-F0ED | Sara Maria da Cruz Maia de Oliveira PaivaN/
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