Search results for "Ov"
showing 10 items of 49045 documents
The impact of quantitative easing on UK bank lending: Why banks do not lend to businesses?
2021
Abstract The growing proportion of UK bank lending to the financial sector reached a peak in 2007 just before the onset of the Global Financial Crisis (GFC). This marks a trend in the dwindling amount of bank lending to private sector non-financial corporations (PNFCs), which was exacerbated with the Great Recession. Many central banks aimed to revive bank lending with quantitative easing (QE) and unconventional monetary policy. We propose an agent based computational economics (ACE) model which combines the main factors in the economic environment of QE and Basel regulatory framework to analyse why UK banks do not prioritize lending to non-financial businesses. The lower bond yields caused…
Economic Support during the COVID Crisis. Quantitative Easing and Lending Support Schemes in the UK
2021
Abstract We investigate how UK bank business lending responded to the simultaneous use of quantitative easing, leverage ratio capital requirements, and government COVID lending support schemes. We find no evidence that the Brexit wave increased lending to nonfinancial businesses, compared to the previous waves, except for QE-banks subject to the UK leverage ratio, suggesting that the ratio incentivised QE-banks to lend to businesses. The government schemes helped expand lending especially to SMEs post the COVID wave, indicating that complementing QE with other credit easing programmes can reinforce its impact on lending to the real economy. During COVID-stress, changes to the UK leverage ra…
A comprehensive probabilistic analysis of approximate SIR‐type epidemiological models via full randomized discrete‐time Markov chain formulation with…
2020
Spanish Ministerio de Economia y Competitividad, Grant/Award Number: MTM2017-89664-P; Generalitat Valenciana, Grant/Award Number: APOSTD/2019/128; Ministerio de Economia y Competitividad, Grant/Award Number: MTM2017-89664-P
Voronovskaya type results and operators fixing two functions
2021
The present paper deals with positive linear operators which fix two functions. The transfer of a given sequence (Ln) of positive linear operators to a new sequence (Kn) is investigated. A general procedure to construct sequences of positive linear operators fixing two functions which form an Extended Complete Chebyshev system is described. The Voronovskaya type formula corresponding to the new sequence which is strongly influenced by the nature of the fixed functions is obtained. In the last section our results are compared with other results existing in literature.
Removing the saturation assumption in Bank-Weiser error estimator analysis in dimension three
2020
International audience; We provide a new argument proving the reliability of the Bank-Weiser estimator for Lagrange piecewise linear finite elements in both dimension two and three. The extension to dimension three constitutes the main novelty of our study. In addition, we present a numerical comparison of the Bank-Weiser and residual estimators for a three-dimensional test case.
Emotions and Digital Delivery Platforms
2021
From the global spread of the infectious disease COVID-19, in Argentina as in other states worldwide, health measures, social emergency, economic and public order measures were taken. One of the main and earliest measures of social order in the face of this disease was the delimitation of a period of population isolation, known as preventive and obligatory social isolation. The compulsory social isolation generated unprecedented growth in the demand for services to the platform economies in Argentina in general and in Buenos Aires in particular, causing the platform delivery activity to be conceived as an essential activity. The purpose of the writing is to explore the configuration of a ce…
First principles hybrid Hartree-Fock-DFT calculations of bulk and (001) surface F centers in oxide perovskites and alkaline-earth fluorides
2020
Valuable discussions with E. A. Kotomin are gratefully acknowledged. Research contribution of R. E. and A. I. P. has been performed within the framework of the EUROfusion Enabling Research project: ENR-MFE19.ISSP-UL-02 “Advanced experimental and theoretical analysis of defect evolution and structural disordering in optical and dielectric materials for fusion applications.” The views and opinions expressed herein do not necessarily reflect those of the European Commission.
Numerical Procedures and their Practical Application in PV Module Analyses. Part IV: Atmospheric Transparency Parameters - Application
2020
Abstract The presented article relates to aspects of PV module testing using natural sunlight in outdoor conditions. It is a continuation of the article Part III: parameters of atmospheric transparency - determining and correlations. This article discusses the practical application of the indexes: atmosphere purity - k Tm , diffused component content - k s/o , beam clear sky index - K b - in testing various modules in outdoor conditions. Their influence on the conversion of modules made from various absorbers and various technologies is demonstrated. Their practical application in module testing in outdoor conditions is described and it - has been demonstrated that the results of the analys…
Piecewise Affine (PWA) Modeling and Switched Damping Control of Two-Inertia Systems with Backlash
2018
Backlash degrades positioning accuracy and can induce mechanical wear and breakage by collisions. Therefore, a lot of studies have been conducted on backlash compensation. The simplest control method for the impact attenuation is torsional damping addition by feedback of torsional velocity. This paper reveals the advantages and disadvantages of the torsional damping addition. Based on the analyses, a novel switched damping control is proposed to realize the responses with smaller overshoot while attenuating the impact. The mechanical system and the proposed controller are described as piecewise affine systems for analyses. The performance of the proposed method is compared with a linear dam…
Thermal- and photo-induced spin crossover in the 1D coordination polymer [Fe(4-tBupy)3][Au(CN)2]2 (4-tBupy = 4-tert-butylpyridine)
2021
Reaction of the unidentate pyridine ligand containing a bulky t-butyl substituent with Fe2+ and [Au(CN)2]− affords a new type of spin crossover (SCO) coordination polymer in the 1D compound [Fe(4-tBupy)3][Au(CN)2]2⋅0.5H2O (1), which is formed by chains of Fe(II) complexes linked through bridging [Au(CN)2]− with three terminal 4-tBupy and one monodentate [Au(CN)2]− ligands completing the octahedral coordination around Fe(II). Longer reaction times led to the minor products [Fe(4-tBupy)2][Au(CN)2]2 (2), which presents a 2D structure more similar to that found in the other SCO compounds based on [Au(CN)2]−, and the 1D compound [Fe(4-tBupy)2(MeOH)][Au(CN)2]2 (3), in which one of the three termi…