Research ArticleOpen accessAll words, across the recordA 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 · 7,394 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordMacroeconomic Impact of Trade on Namibian Growth: An Empirical IllustrationCyril A. OgbokorThe study analyses the role of trade on the economy of Namibia by considering a different specification of the traditional export-growth model. Foreign direct investment is included to capture the potential effect of this variable on growth. Utilising a combination of bivariate and multivariate models, the researcher estimated the relationship between the selected macroeconomic variables used for the study. Macroeconomic … …Journal of Social Sciences, Vol. 1, Issue 1 · 31 Mar 2005 · 6,864 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordModeling the Impact of Taxes on Economic Growth with Regional Resource PotentialOleg Tsepelev, Maria KakaulinaThis study deals with estimation problems for optimal tax burdens in relation to regional economic growth. Theoretical, methodological and empirical base of the research were the concept of the Laffer curve, the materials of the National Research University, Higher School of Economics of the Russian Federation, Ministry of Natural Resources and Environment of the Russian Federation, Federal Service of State … …American Journal of Applied Sciences, Vol. 12, Issue 5 · 7 Jul 2015 · 6,540 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordCRITERIA FOR THE COMPLEXITY OF SUCCESSIVE ASTRONOMICAL PARADIGMSPanagiotis Papaspirou, Kostas Karamanos, Xenophon MoussasWe investigate the complexity of three successive astronomical paradigms in the science of Physics, namely the Ptolemaic paradigm, the Copernican paradigm and the Keplerian paradigm and mention briefly some characteristic facts about the colossal Newtonian paradigm. This complexity can be understood according to five criteria, as proposed by Thomas Kuhn, the father of the epistemological notion of the paradigm, as … …Physics International, Vol. 5, Issue 1 · 28 Mar 2014 · 8,295 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordEmpirical Analysis of Employees with Tertiary Education Occupational ImbalancesAndrei B. Ankudinov, Oleg V. LebedevHigh percentage of graduates (among the highest in the world) with university degrees combined with unacceptably low level of utilization of acquired qualifications and generally low quality of education in the majority of Russian universities result in huge structural imbalances. The article presents quantitative estimates of disproportions between the educational levels of employees with higher education and their professional occupation … …American Journal of Applied Sciences, Vol. 10, Issue 10 · 10 Oct 2013 · 6,808 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordEquity Valuation with the Use of MultiplesStauropoulos Antonios, Samaras Ioannis, Arsenos PanagiotisProblem statement: Equity valuation with the use of multiples is widely used by academics and practitioners concerning its functionality. This study aims to explore the sensitivity of three multiples in terms of bias. Approach: The three multiples under consideration are the Price-To-Sales (P/S) multiple, the Price-To-Book value of equity (P/B) multiple and the Price-To-Earnings (P/E) multiple using both current and … …American Journal of Applied Sciences, Vol. 9, Issue 1 · 5 Nov 2011 · 7,747 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordEmpirical Validation of Daylight Simulation Tool with Physical Model MeasurementYaik-Wah Lim, Mohd. Hamdan Ahmad, Dilshan Remaz OssenProblem statement: In recent years, daylighting simulation tools have been increasingly used by many architects, engineers and researchers to evaluate the day lighting performances of building design. Most of these tools employ CIE sky models for simulation. However, the accuracy and applicability of these tools for tropical sky are doubtable. The aim of this study was to validate the computer … …American Journal of Applied Sciences, Vol. 7, Issue 10 · 31 Oct 2010 · 8,899 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordAn Event-Based Methodology to Generate Class Diagrams and its Empirical EvaluationSandeep K. Singh, Sangeeta Sabharwal, J. P. GuptaProblem statement: Event-based systems have importance in many application domains ranging from real time monitoring systems in production, logistics, medical devices and networking to complex event processing in finance and security. The increasing popularity of Event-based systems has opened new challenging issues for them. One such issue is to carry out requirements analysis of event-based systems and build conceptual models. … …Journal of Computer Science, Vol. 6, Issue 11 · 23 Oct 2010 · 7,626 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordA Simple Approach for Building Cooling Load EstimationF. A. Ansari, A. S. Mokhtar, K. A. Abbas, N. M. AdamThe present work is to demonstrate how some very simple problems are made mathematically complex and seemingly tedious due to academic or business compulsions. There are some problems in which mathematical model are developed after making many simplifying assumptions. But, when it comes to solving these models, very sophisticated and complex schemes are applied. For such problems, dual policy does … …American Journal of Environmental Sciences, Vol. 1, Issue 3 · 30 Sep 2005 · 7,534 accessesView PDFCite