L'adequation de Bale presentement en vigueur sur l'adequation des fonds propres des banques prevoit l'application de coefficients de ponderation differents pour les creances souveraines et sur celles des banques centrales, selon que ces creances sont detenues sur des pays de l'OCDE ou non. Cette...

An alternative to Wesner's method of detecting deterministic behavior and chaos in small sample sets is presented. This new method is applied to analyze the dynamics of several stock prices.

We introduce a new approximation method for the distribution of functions of random variables that are real-valued. The approximation involves moment matching and exploits properties of the class of normal inverse Gaussian distributions. In the paper we we examine the how well the different...

The Pareto distribution is a heavy-tailed distribution often used in actuarial models. It is important for modeling losses in insurance claims, especially when we used it to calculate the probability of an extreme event. Traditionally, maximum likelihood is used for parameter estimation, and we...

This paper shows how median may be computed as a weighted arithmetic mean of all sample observations, unlike the conventional method that obtains median as the middle value (odd observations) or a simple mean of the two middlemost values (even observations). Monte Carlo experiments have been...

The authors’ scientific approach highlights the method to allocate resources for investments to modernize two laboratories within a school, using linear programming. The study aims to achieve maximum profit by upgrading the two laboratories. We made recommendations with respect to the optimum...

Ambit processes are general stochastic processes based on stochastic integrals with respect to Lévy bases. Due to their flexible structure, they have great potential for providing realistic models for various applications such as in turbulence and finance. This papers studies the connection...

The purpose of the System Dynamics method is to study the relationship between structure and behavior in non-linear, dynamic systems. In such systems, the significance of various structural components to the behavior pattern exhibited, changes as the behavior unfolds. Changes in structural...

In countries where tools of economic control are immature and disabled due to totalitarian systems, macroeconomic analyses for aggregate quantities and relationships, such as total consumption, investment, and government expenditures represents a difficult task. The practice of aggregation...

We analyze the properties of multiperiod forecasts which are formulated by a number of companies for a fixed horizon ahead which moves each month one period closer and are collected and diffused each month by some polling agency. Some descriptive evidence and a formal model suggest that knowing...