Is the Federal Home Loan Bank system good for banks? a look at evidence on membership, advances and risk

Since the early 1990s, commercial banks have turned to Federal Home Loan Bank (FHLBank) advances to plug the gap between loan and deposit growth. Is this trend worrisome? On the one hand, advances implicitly encourage risk by insulating borrowers from market discipline. On the other, advances give borrowers greater flexibility to managing interest rate and liquidity risk. And access to FHLBank funding encourages members to reshape their balance sheets in ways that could lower credit risk. Using quarterly financial and supervisory data for banks from 1992 to 2000, we assess the effect of FHLBank membership and advances on risk. The evidence suggests liquidity and leverage risks rose modestly, but interest-rate risk declined somewhat. Credit risk and overall failure risk were largely unaffected. Although the evidence suggest FHLBank membership and advances have had, at best, only a modest impact on bank risk, we caution that the 1990s constitute one observation and that moral hazard could be pronounced if leverage ratios revert to historical norms.Government-sponsored enterprises ; Federal home loan banks ; Bank liquidity

Entanglement dynamics of two qubits under the influence of external kicks and Gaussian pulses

We have investigated the dynamics of entanglement between two spin-1/2 qubits that are subject to independent kick and Gaussian pulse type external magnetic fields analytically as well as numerically. Dyson time ordering effect on the dynamics is found to be important for the sequence of kicks. We show that "almost-steady" high entanglement can be created between two initially unentangled qubits by using carefully designed kick or pulse sequences

Self-tuning personalized information retrieval in an ontology-based framework

The final publication is available at Springer via http://dx.doi.org/10.1007/11575863_119Proceedings of OTM Confederated Internationl Workshops and Posters, AWeSOMe, CAMS, GADA, MIOS+INTEROP, ORM, PhDS, SeBGIS, SWWS, and WOSE 2005, Agia Napa, Cyprus, October 31 - November 4, 2005.Reliability is a well-known concern in the field of personalization technologies. We propose the extension of an ontology-based retrieval system with semantic-based personalization techniques, upon which automatic mechanisms are devised that dynamically gauge the degree of personalization, so as to benefit from adaptivity but yet reduce the risk of obtrusiveness and loss of user control. On the basis of a common domain ontology KB, the personalization framework represents, captures and exploits user preferences to bias search results towards personal user interests. Upon this, the intensity of personalization is automatically increased or decreased according to an assessment of the imprecision contained in user requests and system responses before personalization is applied.This research was supported by the European Commission under contract FP6- 001765 aceMedia. The expressed content is the view of the authors but not necessarily the view of the aceMedia project as a whole

THE DYEING PROCESS OF KNITTED FABRICS AT DIFFERENT TEMPERATURES USING ULTRASOUND

The dyeing of knitted fabrics made from 100 % cellulose using on-line procedure vinyl sulfonic reactive dye, with or without ultrasound energy, is carried out in this paper. The impact of temperature has been observed. The dye exhaustion is monitored using the method of absorption spectrophotometry, and the quality control of the coloration is monitored using color measurements. The acting of ultrasound on coloration consistency, as well as on some mechanical characteristics has also been examined. All examples of the ultrasound dyeing process show greater dye exhaustion in comparison to the conventional procedure. In addition, all the samples, which have been dyed with the ultrasound energy at 40°C, are significantly darker and have deeper color in comparison with the referent sample. The temperature has a great influence on kinetic energy of the dye molecules, and therefore on the diffusion processes in the dyeing system. The exhaustion chart indicates that when the temperature is lower the exhaustion degree drops. However, all the samples dyed with the ultrasound energy have bigger exhaustion. Besides that, ultrasound energy contributes to warming up the processing environment, so the additional warm up with the electricity is unnecessary, unlike the conventional way of dyeing. Since the reactive dyes chemically connect themselves with the cellulose substrate and in that way form covalent connection, the dyed fabrics have good washing consistency. Analysis results indicate that the consistencies are identical regardless the applied dyeing procedure. In other words, the dyeing method using the ultrasound energy produces the dyed fabric of the same quality. After analyzing the results of breaking force and elongation at break of knitted fabrics, it is noticeable that there is no degradation of previously mentioned knitted fabrics features (horizontally and vertically) during the ultrasound wave’s activity

DYEING OF KNITTED MICRO-VISCOSE IN THE PRESENCE OF ULTRASOUND WITH DIFFERENT FREQUENCIES

In dyeing process, the object is to transport or diffuse dyes and chemicals into the fibre. Various novel processes, including ultrasound, are being introduced and studied as more environmentally friendly alternatives. Encouraging results have been reported for the use of ultrasound energy in dyeing processes of micro-viscose. The recent studies revealed major ultrasound applications advances: savings of processing time, energy, chemicals, as well as environmental protection. Influence of various ultrasound frequencies (40, 200 and 400 kHz) on dyeing of micro-viscose knitted fabrics, by a reactive dye has been reported in this work. A method of reflection spectrophotometry has been employed to record reemission curves of the colored compounds. A software packet has been employed to calculate CIELab colored coordinates. Then, a comparison has been made with samples colored by conventional procedure according to CIELab76 and CMC (2:1) criteria. The use ultrasound in textile dyeing processing offers many potential advantages. The results prove better dye exhaustion by ultrasound and consequently the better fixing. The exhaustion for the bifunctional dye (containing two vinylsulphone groups) reaches 71.75 % without ultrasound, and 83.69 % with 400 kHz ultrasound. The 40 kHz, 150 W ultrasound causes a cavitation of higher intensity, compared to 200 and 400 kHz ultrasounds. In this particular case, destruction of cavitation bubbles is very intensive. That is why a large amount of cavitation energy is being transformed into a heat, yielding the additional bath heating. The ultrasounds with higher frequencies (200 and 400 kHz) cannot use such a strong power. The applied powering this case reaches 0.6 W. The cavitation bubbles are now smaller the cavitation disintegration is not so strong, and the energy loss is much smaller, i.e. a smaller amount of energy has been transformed into a heat. An ultrasound of an equal power, but of higher frequency contributes to the somewhat higher exhaustion and fixing. The ultrasound dyeing produces much obscured colours, compared the standard. The differences are evident and not negligible. The comparison of the samples treated ultrasound of different frequencies during dyeing revealed the higher coulours intensities with the increase of ultrasound frequencies of the equal power (200 and 400 kHz). However, the increase is not so expressed

A review of recent perspectives on biomechanical risk factors associated with anterior cruciate ligament injury

There is considerable evidence to support a number of biomechanical risk factors associated with non-contact anterior cruciate ligament (ACL) injury. This paper aimed to review these biomechanical risk factors and highlight future directions relating to them. Current perspectives investigating trunk position and relationships between strength, muscle activity and biomechanics during landing/cutting highlight the importance of increasing hamstring muscle force during dynamic movements through altering strength, muscle activity, muscle length and contraction velocity. In particular, increased trunk flexion during landing/cutting and greater hamstring strength are likely to increase hamstring muscle force during landing and cutting which have been associated with reduced ACL injury risk. Decision making has also been shown to influence landing biomechanics and should be considered when designing tasks to assess landing/cutting biomechanics. Coaches should therefore promote hamstring strength training and active trunk flexion during landing and cutting in an attempt to reduce ACL injury risk.Peer reviewe

Medical data processing and analysis for remote health and activities monitoring

Recent developments in sensor technology, wearable computing, Internet of Things (IoT), and wireless communication have given rise to research in ubiquitous healthcare and remote monitoring of human\u2019s health and activities. Health monitoring systems involve processing and analysis of data retrieved from smartphones, smart watches, smart bracelets, as well as various sensors and wearable devices. Such systems enable continuous monitoring of patients psychological and health conditions by sensing and transmitting measurements such as heart rate, electrocardiogram, body temperature, respiratory rate, chest sounds, or blood pressure. Pervasive healthcare, as a relevant application domain in this context, aims at revolutionizing the delivery of medical services through a medical assistive environment and facilitates the independent living of patients. In this chapter, we discuss (1) data collection, fusion, ownership and privacy issues; (2) models, technologies and solutions for medical data processing and analysis; (3) big medical data analytics for remote health monitoring; (4) research challenges and opportunities in medical data analytics; (5) examples of case studies and practical solutions

The “social” aspect of social-ecological systems : a critique of analytical frameworks and findings from a multisite study of coastal sustainability

The work described here was partly funded by the European Commission’s FP6 contract 036992.We evaluate whether society can adequately be conceptualized as a component of social-ecological systems, given social theory and the current outputs of systems-based research. A mounting critique from the social sciences posits that resilience theory has undertheorized social entities with the concept of social-ecological systems. We trace the way that use of the term has evolved, relating to social science theory. Scientometic and network analysis provide a wide range of empirical data about the origin, growth, and use of this term in academic literature. A content analysis of papers in Ecology and Society demonstrates a marked emphasis in research on institutions, economic incentives, land use, population, social networks, and social learning. These findings are supported by a review of systems science in 18 coastal assessments. This reveals that a systems-based conceptualization tends to limit the kinds of social science research favoring quantitative couplings of social and ecological components and downplaying interpretive traditions of social research. However, the concept of social-ecological systems remains relevant because of the central insights concerning the dynamic coupling between humans and the environment, and its salient critique about the need for multidisciplinary approaches to solve real world problems, drawing on heuristic devices. The findings of this study should lead to more circumspection about whether a systems approach warrants such claims to comprehensiveness. Further methodological advances are required for interdisciplinarity. Yet there is evidence that systems approaches remain highly productive and useful for considering certain social components such as land use and hybrid ecological networks. We clarify advantages and restrictions of utilizing such a concept, and propose a reformulation that supports engagement with wider traditions of research in the social sciences.Publisher PDFPeer reviewe

Streaming and 3D mapping of agri-data on mobile devices

Farm monitoring and operations generate heterogeneous AGRI-data from a variety of different sources that have the potential to be delivered to users ‘on the go’ and in the field to inform farm decision making. A software framework capable of interfacing with existing web mapping services to deliver in-field farm data on commodity mobile hardware was developed and tested. This raised key research challenges related to: robustness of data steaming methods under typical farm connectivity scenarios, and mapping and 3D rendering of AGRI-data in an engaging and intuitive way. The presentation of AGRI-data in a 3D and interactive context was explored using different visualisation techniques; currently the 2D presentation of AGRI- data is the dominant practice, despite the fact that mobile devices can now support sophisticated 3D graphics via programmable pipelines. The testing found that WebSockets were the most reliable streaming method for high resolution image/texture data. From our focus groups there was no single visualisation technique that was preferred demonstrating that a range of methods is a good way to satisfy a large user base. Improved 3D experience on mobile phones is set to revolutionize the multimedia market and a key challenge is identifying useful 3D visualisation methods and navigation tools that support the exploration of data driven 3D interactive visualisation frameworks for AGRI-data