Showing 851 - 859 of 859
Amine-functionalized sorbents prepared by wet impregnation method shows great promises for CO2 capture from real flue gas in power plants. The objective of this work is to understand CO2 adsorption thermodynamics and mechanisms at varied polyethylenimine (PEI) loadings on mesoporous MCM-41 by...
Persistent link: https://www.econbiz.de/10011208366
Purpose – The purpose of this paper is to propose a risk-based framework to estimate the option value of infrastructure investment, accounting for the stochastic behavior of both financial and physical (engineering) variables. Design/methodology/approach – This study uses a real-options...
Persistent link: https://www.econbiz.de/10014901952
Persistent link: https://www.econbiz.de/10012206563
We propose a numerical method, based on indirect inference, for checking the identification of a DSGE model. Monte Carlo samples are generated from the model's true structural parameters and a VAR approximation to the reduced form estimated for each sample. We then search for a different set of...
Persistent link: https://www.econbiz.de/10010763977
Persistent link: https://www.econbiz.de/10015062778
Operational risk management remains a major concern for financial institutions. Indeed, institutions are bound to manage their own funds to hedge this risk. In this paper, we propose an approach to allocate one's own funds based on a combination of historical data and expert opinion using the...
Persistent link: https://www.econbiz.de/10012168944
This article analyses the impact of minimum bank capital on the financing of economies of the Economic and Monetary Community of Central Africa over the period 1998-2020, based on data from the Bank of Central African States and the annual reports and bulletins of the Banking Commission of...
Persistent link: https://www.econbiz.de/10015076392
This paper presents an original econometric model for estimating a dose-response function through a regression approach when: (i) treatment is continuous, (ii) individuals may react heterogeneously to observable confounders, and (iii) selection-into-treatment may be potentially endogenous. After...
Persistent link: https://www.econbiz.de/10011494458
In this paper we solve the benchmark heterogeneous agents model by Aiyagari (1994) using Monte Carlo methods. In addition, the idiosyncratic shocks process is approximated using Tauchen's (1986) method. This we go beyond the 2 by 2 Markov matrix approximation of the AR(1) stochastic process. The...
Persistent link: https://www.econbiz.de/10011487337