Search results for "POL"
showing 10 items of 58770 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…
Two-dimensional Banach spaces with polynomial numerical index zero
2009
We study two-dimensional Banach spaces with polynomial numerical indices equal to zero.
Use of Density Functional Based Tight Binding Methods in Vibrational Circular Dichroism.
2018
Vibrational circular dichroism (VCD) is a spectroscopic technique used to resolve the absolute configuration of chiral systems. Obtaining a theoretical VCD spectrum requires computing atomic polar and axial tensors on top of the computationally demanding construction of the force constant matrix. In this study we evaluated a VCD model in which all necessary quantities are obtained with density functional based tight binding (DFTB) theory. The analyzed DFTB parametrizations fail at providing accurate vibrational frequencies and electric dipole gradients but yield reasonable normal modes at a fraction of the computational cost of density functional theory (DFT). Thus, by applying DFTB in comp…
“Sweet” ionic liquid gels: materials for sweetening of fuels
2018
The search for new materials to be used in desulfurisation (sweetening) of fuels is one of the main topics of current research. In this paper, we explored the possibility of using supramolecular gels obtained from the gelation of ionic liquid binary mixtures. Indeed, some ionic liquids are generally known as efficient extraction phases for desulfurisation of fuels. In rare cases, one of their main drawbacks is their partial solubility in the fuel, leading to contamination. Then, their immobilisation due to the formation of a gelatinous network may be a challenge. Ionic liquid gels were obtained by mixing certain [NTf2]−-based ionic liquids (solvents) with the ones of gluconate-based ionic l…
Common fixed points of g-quasicontractions and related mappings in 0-complete partial metric spaces
2012
Abstract Common fixed point results are obtained in 0-complete partial metric spaces under various contractive conditions, including g-quasicontractions and mappings with a contractive iterate. In this way, several results obtained recently are generalized. Examples are provided when these results can be applied and neither corresponding metric results nor the results with the standard completeness assumption of the underlying partial metric space can. MSC:47H10, 54H25.
Symmetric and finitely symmetric polynomials on the spaces ℓ∞ and L∞[0,+∞)
2018
We consider on the space l∞ polynomials that are invariant regarding permutations of the sequence variable or regarding finite permutations. Accordingly, they are trivial or factor through c0. The analogous study, with analogous results, is carried out on L∞[0,+∞), replacing the permutations of N by measurable bijections of [0,+∞) that preserve the Lebesgue measure.
The tusk condition and Petrovskiĭ criterion for the normalized p‐parabolic equation
2019
We study boundary regularity for the normalized p-parabolic equation in arbitrary bounded domains. Effros and Kazdan (Indiana Univ. Math. J. 20 (1970) 683-693) showed that the so-called tusk condit ...
Filament sets and decompositions of homogeneous continua
2007
Abstract This paper applies the concepts introduced in the article: Filament sets and homogeneous continua [J.R. Prajs, K. Whittington, Filament sets and homogeneous continua, Topology Appl. 154 (8) (2007) 1581–1591, doi:10.1016/j.topol.2006.12.005 ] to decompositions of homogeneous continua. Several new or strengthened results on aposyndesis are given. Newly defined decompositions are discussed. A proposed classification scheme for homogeneous continua is shown to be mostly invariant under Jones' aposyndetic decomposition.
A General Mathematical Formulation for the Determination of Differential Leakage Factors in Electrical Machines with Symmetrical and Asymmetrical Ful…
2018
This paper presents a simple and general mathematical formulation for the determination of the differential leakage factor for both symmetrical and asymmetrical full and dead-coil windings of electrical machines. The method can be applied to all multiphase windings and considers Gorges polygons in conjunction with masses geometry in order to find an easy and affordable way to compute the differential leakage factor, avoiding the adoption of traditional methods that refer to the Ossanna's infinite series, which has to be obviously truncated under the bound of a predetermined accuracy. Moreover, the method described in this paper allows the easy determination of both the minimum and maximum v…