Authors:József Varga, Gyöngyi Bánkuti, and Rita Kovács-Szamosi
Rating the reliability of banks has always been an important practical problem for businesses and the economic policy makers. The best way to do this is the CAMEL analysis. The aim of this paper was to create a bank-rating indicator from the five fields of the CAMEL analysis using two-two indicators for each field for the Turkish Islamic banking system. According to the results of the analysis, we could rank the Turkish Islamic banks. Beside the widespread use of the CAMEL analysis, we applied the Similarity Analysis as a new method. We compared the results from the two methods and came to the conclusion that the CAMEL analysis does not adequately provide a fairly shaded picture about the banks. The Component-based Object Comparison for Objectivity (COCO) method gave us the yearly results in time series form. The comparison of the time series data leads to the problem of deciding about what is more important for us – average, standard deviation or the slope. For handling this problem, we used Analytic Hierarchy Process, which gave weights to these indicators.
This paper studies the global, regional, and country-specific components of four key financial market indicators: sovereign CDS spreads, equity indices, exchange rates, and EMBI Global bond spreads. In all four markets, the results support the findings of the literature of a significant global component, but also point out the importance of regional correlations. Variance decompositions point to roughly a third of variance explained by both global and country-specific components in each of the four analysed financial markets, although there is considerable cross-country heterogeneity in this respect. The global factors of indicators are correlated across asset classes, but the market- and country-specific components of indicators are still significantly large to suggest diversification benefits of both multi-asset and multi-country portfolios. An application of the factor model suggests that the link between Central Eastern European and Euro zone periphery markets is stronger and more direct in the case of equity indices than in the case of sovereign CDS spreads.
-ezetimib kombináció?] Metabolizmus, 2013, 11 (Suppl. G), 1–5. [Hungarian]
Simonyi, G.: Significance of patient adherence in lipid lowering therapy – advantage of fixed combination. [A beteg együttműködés jelentősége a
Authors:Barbara Pacewska, Iwona Wilińska, and Mariola Nowacka
silica into solution. In the case of conventional fly ash its initial low activity is confirmed by a lot of research works devoted to studies on this material as pozzolanic additive into Portland cement composites (e.g. [ 15 ]). Grains of pulverized fly
Authors:Yu Shu M., Agaloos Pesigan Ivan Jacob, Zhang Meng Xuan, and Wu Anise M. S.
health issue in Chinese communities, especially among youth ( APA, 2013 ). A high prevalence estimate was reported in not only middle-school students [e.g., 15.5%; assessed by Huang’s Online Gaming Addiction Scale (HOGAS); Yu et al., 2010 ], but also in