446 research outputs found

    Bond offerings in China : The role of ownership

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    Tripoli : on the shores of Tripoli

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    https://digitalcommons.library.umaine.edu/mmb-vp/2606/thumbnail.jp

    Persistent and Transient Inefficiency : Explaining the Low Efficiency of Chinese Big Banks

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    We thank Ifthekar Hasan, Chun-Yu Ho, Iikka Korhonen, Jun Wu, Yanrui Wu, the participants of the Conference on China’s Financial Markets and Growth Rebalancing in New York (October 2017), AEA/ASSA meeting in Philadelphia (January 2018), Finnish Economic Association XL Annual Meeting in Turku (February 2018), ESCB China Expert Network workshop in Helsinki (March 2018), XIX April International Academic Conference in Moscow (April 2018), China Financial and Banking System Workshop in Aberdeen (June 2018), CEA Annual Meeting in Edinburgh (June 2018) and the research seminars at the Bank of Finland Institute for Economies in Transition (October 2017), Aix-Marseille School of Economics (January 2018), Leibniz‐Institut für Ost‐ und Südosteuropaforschung in Regensburg (June 2018) for their valuable comments and suggestions.Peer reviewedPostprin

    Religiosity vs. well-being effects on investor behavior

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    The authors thank Mustafa Disli, the Editor of the journal and the reviewers for their precious remarksPeer reviewedPostprin

    Large-Eddy Simulation of the Lid-Driven Cubic Cavity Flow by the Spectral Element Method

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    This paper presents the large-eddy simulation of the lid-driven cubic cavity flow by the spectral element method (SEM) using the dynamic model. Two spectral filtering techniques suitable for these simulations have been implemented. Numerical results for Reynolds number Re=12,000 are showing very good agreement with other experimental and DNS results found in the literatur

    Effects of alpha-linolenic acid vs. docosahexaenoic acid supply on the distribution of fatty acids among the rat cardiac subcellular membranes after a short- or long-term dietary exposure

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    Previous work showed that the functional cardiac effect of dietary alpha-linolenic acid (ALA) in rats requires a long feeding period (6 months), although a docosahexaenoic (DHA) acid-supply affects cardiac adrenergic response after 2 months. However, the total cardiac membrane n-3 polyunsaturated fatty acid (PUFA) composition remained unchanged after 2 months. This delay could be due to a specific reorganization of the different subcellular membrane PUFA profiles. This study was designed to investigate the evolution between 2 and 6 months of diet duration of the fatty acid profile in sarcolemmal (SL), mitochondrial (MI), nuclear (NU) and sarcoplasmic reticulum (SR) membrane fractions. Male Wistar rats were randomly assigned to 3 dietary groups (n = 10/diet/period), either n-3 PUFA-free diet (CTL), or ALA or DHA-rich diets. After 2 or 6 months, the subcellular cardiac membrane fractions were separated by differential centrifugations and sucrose gradients. Each membrane profile was analysed by gas chromatography (GC) after lipid extraction. As expected the n-3 PUFA-rich diets incorporated n-3 PUFA instead of n-6 PUFA in all the subcellular fractions, which also exhibited individual specificities. The diet duration increased SFA and decreased PUFA in SL, whereas NU remained constant. The SR and MI enriched in n-3 PUFA exhibited a decreased DHA level with ageing in the DHA and CTL groups. Conversely, the n-3 PUFA level remained unchanged in the ALA group, due to a significant increase in docosapentaenoic acid (DPA). N-3 PUFA rich diets lead to a better PUFA profile in all the fractions and significantly prevent the profile modifications induced by ageing. With the ALA diet the n-3 PUFA content, particularly in SR and SL kept increasing between 2 and 6 months, which may partly account for the delay to achieve the modification of adrenergic response

    Use of the 3D radon transform to examine the properties of oceanic Rossby waves

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    One of the most successful applications of satellite-borne radar altimeter data over the oceans in recent years has been the extraction of information about long-wavelength baroclinic Rossby (or planetary) waves, which play a significant role in ocean circulation and climate dynamics. These waves cross ocean basins from east to west at speeds of few centimetres per second at mid-latitudes. The cross-basin propagation time may therefore be several months or even years and an accurate estimation of the speed of the waves is important. We review the methods for obtaining information on Rossby wave velocity from altimetry data, particularly the two-dimensional Radon transform. Unfortunately the use of longitude-time plots, although it allows the estimation of the zonal phase speeds, does not give any information on the speed vector when the propagation of the waves is not purely zonal (east-west). We show how the two-dimensional Radon Transform can be generalised to three dimensions, enabling not only the true propagation velocity component to be determined, but also the direction of the waves and thus any deviation from the pure-westward case. As examples of the application of this extended technique, we show maps of direction, speed and energy of Rossby waves in the North Atlantic Ocean

    Large-eddy simulation of the lid-driven cubic cavity flow by the spectral element method

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    This paper presents the large-eddy simulation of the lid-driven cubic cavity flow by the spectral element method (SEM) using the dynamic model. Two spectral filtering techniques suitable for these simulations have been implemented. Numerical results for Reynolds number Re=12000\text{Re}=12'000 are showing very good agreement with other experimental and DNS results found in the literature

    Comparative Genomics of Recent Shiga Toxin-Producing Escherichia coli O104:H4: Short-Term Evolution of an Emerging Pathogen

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    The large outbreak of diarrhea and hemolytic uremic syndrome (HUS) caused by Shiga toxin-producing Escherichia coli O104:H4 in Europe from May to July 2011 highlighted the potential of a rarely identified E. coli serogroup to cause severe disease. Prior to the outbreak, there were very few reports of disease caused by this pathogen and thus little known of its diversity and evolution. The identification of cases of HUS caused by E. coli O104:H4 in France and Turkey after the outbreak and with no clear epidemiological links raises questions about whether these sporadic cases are derived from the outbreak. Here, we report genome sequences of five independent isolates from these cases and results of a comparative analysis with historical and 2011 outbreak isolates. These analyses revealed that the five isolates are not derived from the outbreak strain; however, they are more closely related to the outbreak strain and each other than to isolates identified prior to the 2011 outbreak. Over the short time scale represented by these closely related organisms, the majority of genome variation is found within their mobile genetic elements: none of the nine O104:H4 isolates compared here contain the same set of plasmids, and their prophages and genomic islands also differ. Moreover, the presence of closely related HUS-associated E. coli O104:H4 isolates supports the contention that fully virulent O104:H4 isolates are widespread and emphasizes the possibility of future food-borne E. coli O104:H4 outbreaks
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