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189 results for “empirical approach”
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Research ArticleOpen accessIn the abstractA Discrete-Time Hazard Model for Loans: Some Evidence from Italian Banking SystemGiambona FrancescaProblem statement: The probability of default, PD, is a crucial problem for banks. In the last years international accords (Basel, Basel 2 and Basel 3) have incentived banks to adopt objectives systems to evaluating and monitoring risk of default in order to predict PD for new loans based on borrower’s characteristics. The aim of this study is to introduce a … …American Journal of Applied Sciences, Vol. 9, Issue 9 · 14 Jul 2012 · 7,398 accessesView PDFCite
Research ArticleOpen accessIn the abstractForecasting the Stock Exchange of Thailand uses Day of the Week Effect and Markov Regime Switching GARCHP. Sattayatham, N. Sopipan, B. PremanodeProblem statement: We forecast return and volatility of the Stock Exchange of Thailand (SET) Index. Approach: In this study, we modeled the SET Index returns using mean equation with day of the week effect and autoregressive moving-average. Next we forecast the volatility of the SET Index by using the GARCH-type model and the Markov Regime Switching GARCH (MRS-GARCH) model. Results: … …American Journal of Economics and Business Administration, Vol. 4, Issue 1 · 15 Mar 2012 · 7,868 accessesView PDFCite
Research ArticleOpen accessIn the abstractFractional Calculus Theoretical Evolution for Radiation QuantitiesAmin Al-Okour, Sherin A. Sareireh, Abdullah Ajlouni, Abdul-Wali AjlouniProblem statement: Radiation dosimetry features depend on semi-empirical formulas that lack a strong mathematical framework. This is due to the fact that the microscopic radiation interaction with matter includes energy losses that have never been described properly in quantum mechanics, which deals with conserved energy systems. Approach: Using the recent theory of the quantization of nonconservative systems using fractional calculus. … …Journal of Mathematics and Statistics, Vol. 8, Issue 1 · 2 Feb 2012 · 6,664 accessesView PDFCite
Research ArticleOpen accessIn the abstractInternational Competitiveness of Korea Service IndustryYoon-Doo Kim, Seok Yoon, Ki Seong LeeProblem statement: This study examines the competitiveness of Korean Service Industry through the empirical analysis based on the comparative advantage index and suggests the policy implications from the research results. Approach: The model of empirical analysis was set using the equation of ratio of Export and Import (EXIM) and net export (XM) for service industry. Results: The present study showed … …American Journal of Applied Sciences, Vol. 9, Issue 3 · 21 Jan 2012 · 7,145 accessesView PDFCite
Research ArticleOpen accessIn the abstractCredit Market Development and Economic Growth an Empirical Analysis for United KingdomAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the causal relationship between credit market development and economic growth for UK for the period 1975-2007 using a Vector Error Correction Model (VECM). Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate on credit market development. This study aimed to investigate the short-run and the … …American Journal of Economics and Business Administration, Vol. 3, Issue 3 · 29 Nov 2011 · 7,242 accessesView PDFCite
Research ArticleOpen accessIn the abstractSpecification of Dynamic Time Series Model with Volatile-Outlier Input SeriesT. A. Lasisi, D.K. Shangodoyin, O. O. Sangodoyin et al.Problem statement: This study considers the precision of the output series generated from aberrant input series in the context of the distribution of the dynamic estimate and also investigate relative merit of analyzing residuals with outliers for a volatility input dynamic model. Approach: The study developed a methodology for checking volatility at every time point and evaluates the influence of … …American Journal of Applied Sciences, Vol. 8, Issue 11 · 1 Oct 2011 · 7,105 accessesView PDFCite
Research ArticleOpen accessIn the abstractUtilizing Geographic Information System for Prediction of Soil Erosion in Sono Sragen Catchment AreaMuhammad Mukhlisin, SukocoProblem statement: Embung is a small dam created by manmade lakes and used to catch water during rainy season for an irrigation source. In Sragen area, Embung Sono is one of around twenty embung that used to catch rain water for irrigation. Soil erosions in catchment area are potential to reduce water capacity of the embung. Although many embung have … …American Journal of Engineering and Applied Sciences, Vol. 4, Issue 2 · 13 Jul 2011 · 7,798 accessesView PDFCite
Research ArticleOpen accessIn the abstractOpen Source Programmers' Information Seeking During Software MaintenanceKhaironi Yatim Sharif, Mohd Rosmadi Mokhtar, Jim BuckleyProblem statement: Several authors have proposed information seeking as an appropriate case study for studying software maintenance and evolution that have provided empirical classifications of information seeking in commercial software evolution settings. Approach: However, there is minimal research in the literature describing the information seeking behavior of Open Source programmers, even though Open Source contexts would seem to exacerbate the … …Journal of Computer Science, Vol. 7, Issue 7 · 30 Jun 2011 · 8,151 accessesView PDFCite
Research ArticleOpen accessIn the abstractCredit Market Development and Economic Growth an Empirical Analysis for GreeceAthanasios Vazakidis, Antonios AdamopoulosProblem statement: This study investigated the relationship between credit market development and economic growth for Greece for the period 1979-2007 using a Vector Error Correction Model (VECM). Questions were raised whether economic growth spurs credit market development taking into account the negative effect of inflation rate on credit market development. This study aimed to investigate the short-run and the long-run … …American Journal of Applied Sciences, Vol. 8, Issue 6 · 13 Jun 2011 · 6,883 accessesView PDFCite
Research ArticleOpen accessIn the abstractComparative Study of Antibacterial Susceptibility Patterns of the Bacteria Isolated from Patients' Blood Samples over Two PeriodsAziz Japoni, Mehdi Kalani, Abdolvahab Alborzi et al.Problem statement: Due to continuous changes in the frequencies and antibacterial susceptibility patterns of nosocomial pathogens, periodical surveillance of these fluctuations could help the clinicians to treat hospitalized patients more efficiently whenever empirical therapies need to be considered. This study was conducted to compare the prevalence of the bacteria recovered from bloodstream samples by Bactec 9240, over the two periods … …American Journal of Infectious Diseases, Vol. 7, Issue 1 · 27 Apr 2011 · 8,162 accessesView PDFCite