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Negative interest rate regimes typically involve reserve tiering to exempt a portion of bank reserves from negative rates. We study the effects on bank behavior of a large and unanticipated change in reserve tiering by the Swiss National Bank that generate ...
Using Iran's unexpected flood in April 2019 as a natural experiment, we show that local branches bridge the time gap between the disaster and governmental aids by immediately increasing their lending for two months following the flood. Analyzing proprietar ...
Commuting and travelling extensively for job reasons both helps and challenges people to balance competing demands of work and personal life. People do not have equal resources and possibilities to benefit from high mobility. Globalisation, labour flexibil ...
Supply chain management is widely accepted as a means for companies to gain competitive advantage. While product and information flows have been widely covered in the literature, relatively little attention has been paid to the management of a supply chain ...
We study private computations in a system of tiny mobile agents. We consider the mobile population protocol model of Angluin et al. [2] and ask what can be computed without ever revealing any input to a curious adversary. We show that any computable predic ...
The undeniable convenience of face-recognition (FR) based biometrics has made it an attractive tool for access control in various applications, from immigration-control to remote banking. Widespread adopti
on of face biometrics, however, depends on the how ...
Over the past years, mobile agent technology has attracted considerable attention, and a significant body of literature has been published. To further develop mobile agent technology, reliability mechanisms such as fault tolerance and transaction support a ...
The Internet, a classic Schumpeterian innovation, has profoundly altered our lives and influenced the ways we do business. It is now widely accepted by policy makers, scholars, and enterprises that the Internet and related information technologies are the ...
Systemic risks and hazards have become increasingly significant features of modern industrial society of which the network industries form a vital element. The idea of systemic risk, however, is much less prominent in the network industries compared to ban ...
Over the past years, mobile agent technology has attracted considerable attention, and a significant body of literature has been published. To further develop mobile agent technology, reliability mechanisms such as fault tolerance and transaction support a ...