Search Results
Journal of Financial Economics 1986 15 61 89 Ayadi, R. (2012): On the Basel Regulation and
The market risk capital charge of financial institutions has been mostly calculated by internal models based on integrated Value at Risk (VaR) approach, since the introduction of the Amendment to Basel Accord in 1996. The internal models should fulfil several quantitative and qualitative criteria. Besides others, it is the so called backtesting procedure, which was one of the main reasons why the alternative approach to market risk estimation — conditional Value at Risk or Expected Shortfall (ES) — were not applicable for the purpose of capital charge calculation. However, it is supposed that this approach will be incorporated into Basel III. In this paper we provide an extensive simulation study using various sets of market data to show potential impact of ES on capital requirements.
able to disentangle the effects of exercise itself and its addiction-related symptoms. Funding sources This work was funded by the Gertrud-Thalmann Fonds, UPK Basel. Authors' contribution ACS: analysis and interpretation of data, statistical analysis
Abstract
Ischemic colitis is the most common form of an iatrogenic intestinal ischemia following an aortic surgery. It can be transient and self-limiting but, when severe, is associated with mortality even as high as 80%. Careful preoperative assessment can help to anticipate the need for the inferior mesenteric artery (IMA) reimplantation. Some patients lack the sufficient collateral blood supply to the colon and can benefit from the IMA reimplantation, which not only reduces the risk of postoperative colonic necrosis but also can be lifesaving. We report a case of a successful reimplantation of the IMA based on the careful preoperative planning. If unrecognized, this undoubtedly would lead to postoperative colonic ischemia. Therefore, we feel it is important to share our experience regarding the successful management of the presented case.
154 – 154 . 38 Martin , H. , Ph. D. Thesis, U. of Basel, 1975 . 39 Gautschi , W. 1976
Hoekstra, R. F. (1987): The evolution of sexes. In Stearns, S. C. (ed.): The Evolution of Sex and its Consequences. Birkhäuser, Basel, pp. 59-91. The Evolution of Sex and its Consequences
Ligeti , documentary film by Michel FOLLIN, Judith KELE, and Arnaud de MÉZAMAT, La Sept et al , 1993 (archival copy, Paul Sacher Stiftung, Basel, György Ligeti Collection; hereafter CH-Bps GLC). 3 FLOROS, György Ligeti , 28–29. Floros refers to the
In regard to the aesthetic and stylistic phisiognomy of the music of both Sándor Veress (1907-92) and György Kurtág (*1926) it is instructive to focus on their treatment of the melodic dimension. For both the melodic statement remains a basic necessity, even in the context of the post-war avantgarde. Yet in contrast to Béla Bartók, Zoltán Kodály, and especially their epigones, composing for Veress and Kurtág often means “seeking melody” in which the sought after object cannot appear in its “pure” form. Veress' position is discussed in the light of Orbis tonorum for chamber orchestra (1986). On the basis of two Beckett pieces of Kurtág - Mi is a szó (1990), What is the Word (1991) - and his Életút (1992), aspects of his aesthetics and the melodic treatment are examined.
The birthplace of the Christmas tree is the territory of the Aleman people, thus the territories of Baden and Alsace along the upper part of the river Rhine. Its direct predecessors are the maypole trees during winter and Christmas time, thus the branches of pine trees with which the houses, economical and agricultural buildings, fences and wells along the upper Rhine were decorated inside and out during the midwinter festivities (Christmas, New Year etc). According to a medieval legal principle in upper Alsace, the peasants had the right to bring a cartful of wood (branches of pine trees in the first place) on Christmas Eve from the forest. Written legal principles and customs recording this habit can be found in many cities of upper Alsace: Sundhofen (around 1300), Bergheim (1369), Germar (14th century).The habit of decorating houses with evergreen branches at Christmas is in Strasbourg and Freiburg 500 years old. The cities of the Alsace region have guarded their forests in the days before the midwinter festivities against thieves. We know of a bill of a sum paid to the foresters guarding the forests at St. Thomas’s day (21st December) in Schlettstadt (1521). The judge of Sankt Pilt did put the forest of the city under heavy guard for nine days before and after Christmas, because of a legal principle of the upper Alsace (14th century). The cities and landowners tried to keep the number and size of the may-pole trees meant to be cut for Christmas via decrees at bay. Türkheim has in 1611 decreed that anyone who cuts out more than one tree for Christmas has to pay a fine. In a legal principle at Adolsheim (1431) the landowner has allowed the cutting of a 7 feet tall pine tree. The great size of the may-pole trees shows that they are no more branches to decorate a room or small trees hanging from the ceiling, but big Christmas trees standing in the house or in the open.In Strasbourg the sale of Christmas tree began in 1539. According to their accounts, the wealthy house of Sichenheim did pay for pine trees and branches. The cathedral of Strasbourg did have a standing Christmas tree in the same year. The manuscript A few sights from Strasbourg (1604 or 1605) describes many decorated Christmas trees in guild houses of artisans. The Christmas tree was also popular in Freiburg (14th century): The town council was forced to fine those who cut may-pole trees for Christmas illegally. In the town hospital to the Holy Spirit the bakers decorated a large Christmas tree, which remained untouched until New Year. Its edible decorations, cakes, fruits were distributed among the poor at the Christmas-tree festivities in the 17th–18th centuries. The accounts of the hospital show that between 1625 and 1773 they had always expenses for the decoration of the Christmas tree.The historical clues show us that the Christmas tree was a popular habit on both sides of the upper Rhine in the 16th century among the Protestants and the Catholic Christians as well.
