Download or read book Trade Finance Specialization and Synchronization written by Mr.Jean Imbs and published by International Monetary Fund. This book was released on 2003-04-01 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper investigates the determinants of business cycles synchronization across regions. It uses both international and intranational data to evaluate the linkages between trade in goods, trade in financial assets, specialization and business cycles synchronization using a system of simultaneous equations. The results are as follows: (i) Simultaneity is important, as both trade and financial openness have a direct and an indirect effect on cycle synchronization. (ii) A variety of alternative measures of financial integration suggest that regions with strong financial links are significantly more synchronized, though they are also more specialized. (iii) Specialization patterns have a sizable effect on business cycles, beyond their reflection of intra-industry trade, and of openness to goods and assets trade. (iv) The estimated role of trade is in line with existing models once intra-industry trade is controlled for. The results relate to a recent strand of international business cycle models with incomplete markets and transport costs, and, on the empirical side, point to an important omission in the usual criteria defining an optimal currency area, namely specialization patterns.

Download or read book Trade Integration and Business Cycle Synchronization written by Mr.Romain A Duval and published by International Monetary Fund. This book was released on 2014-04-03 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reexamines the relationship between trade integration and business cycle synchronization (BCS) using new value-added trade data for 63 advanced and emerging economies during 1995–2012. In a panel framework, we identify a strong positive impact of trade intensity on BCS—conditional on various controls, global common shocks and country-pair heterogeneity—that is absent when gross trade data are used. That effect is bigger in crisis times, pointing to trade as an important crisis propagation mechanism. Bilateral intra-industry trade and trade specialization correlation also appear to increase co-movement, indicating that not only the intensity but also the type of trade matters. Finally, we show that dependence on Chinese final demand in value-added terms amplifies the international spillovers and synchronizing impact of growth shocks in China.

Download or read book Advanced Applications of Fractional Differential Operators to Science and Technology written by Matouk, Ahmed Ezzat and published by IGI Global. This book was released on 2020-04-24 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fractional-order calculus dates to the 19th century but has been resurrected as a prevalent research subject due to its provision of more adequate and realistic descriptions of physical aspects within the science and engineering fields. What was once a classical form of mathematics is currently being reintroduced as a new modeling technique that engineers and scientists are finding modern uses for. There is a need for research on all facets of these fractional-order systems and studies of its potential applications. Advanced Applications of Fractional Differential Operators to Science and Technology provides emerging research exploring the theoretical and practical aspects of novel fractional modeling and related dynamical behaviors as well as its applications within the fields of physical sciences and engineering. Featuring coverage on a broad range of topics such as chaotic dynamics, ecological models, and bifurcation control, this book is ideally designed for engineering professionals, mathematicians, physicists, analysts, researchers, educators, and students seeking current research on fractional calculus and other applied mathematical modeling techniques.

Download or read book Trades Quotes and Prices written by Jean-Philippe Bouchaud and published by Cambridge University Press. This book was released on 2018-03-22 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: The widespread availability of high-quality, high-frequency data has revolutionised the study of financial markets. By describing not only asset prices, but also market participants' actions and interactions, this wealth of information offers a new window into the inner workings of the financial ecosystem. In this original text, the authors discuss empirical facts of financial markets and introduce a wide range of models, from the micro-scale mechanics of individual order arrivals to the emergent, macro-scale issues of market stability. Throughout this journey, data is king. All discussions are firmly rooted in the empirical behaviour of real stocks, and all models are calibrated and evaluated using recent data from Nasdaq. By confronting theory with empirical facts, this book for practitioners, researchers and advanced students provides a fresh, new, and often surprising perspective on topics as diverse as optimal trading, price impact, the fragile nature of liquidity, and even the reasons why people trade at all.

Download or read book Synchronization written by Stefano Boccaletti and published by Cambridge University Press. This book was released on 2018-03-29 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: A modern introduction to synchronization phenomena, combining the development of deep mathematical concepts with illustrative examples and practical applications.

Download or read book Synchronizing 5G Mobile Networks written by Dennis Hagarty and published by Cisco Press. This book was released on 2021-06-17 with total page 895 pages. Available in PDF, EPUB and Kindle. Book excerpt: The complete guide to timing and synchronization in advanced service provider networks and enterprise applications As networks have advanced, so has the need for precise timing and synchronization--including highly accurate phase synchronization. Without it, networks become increasingly vulnerable to outages, data loss events, and inefficiencies that can be notoriously difficult to diagnose. 5G telecom networks have especially stringent requirements, but they also apply to a growing number of enterprise applications in finance, factory automation, IoT, media, and beyond. Synchronizing 5G Mobile Networks is the definitive, comprehensive guide to all aspects of timing and synchronization. Drawing on extensive experience developing and implementing timing and synchronization systems, three leading experts cover standards, protocols, clock design, architecture, solution design, deployment tradeoffs, day-to-day operations, troubleshooting, and more. This book will be valuable to professionals with diverse backgrounds, even those with no timing or synchronization experience. It will be especially useful to engineers and consultants designing or implementing mobile networks; test engineers validating equipment or production solutions; students seeking careers with service providers or in advanced private networks; and technology leaders seeking to understand the growing role of time synchronization. Understand timing and synchronization concepts, goals, sources, and transport Explore timing applications in telecommunications and beyond Build synchronous networks with clocks, timing reference sources, time distribution, and timing signal consumption Review the role of standards development organizations in defining standards for timing and synchronization Drill down into the details of clocks, clock signals, and clock components Review traditional TDM-based techniques for frequency synchronization Explore precision time protocol (PTP) characteristics, features, profiles, and security Master best practices for designing and deploying timing in physical and packet-based networks Thoroughly understand timing metrics and end-to-end time error budgeting Establish accurate timing and synchronization in advanced 5G and LTE networks, including 5G New Radio and RAN environments Manage tradeoffs in synchronizing diverse cell sites, topologies, radio types, and mobile generations Verify, operate, monitor, and troubleshoot timing systems

Download or read book Synchronization written by Arkady Pikovsky and published by Cambridge University Press. This book was released on 2001-10-18 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book describes synchronization phenomena using both classical results and more recent developments.

Download or read book Synchronization of Mechanical Systems written by Hendrik Nijmeijer and published by World Scientific. This book was released on 2003 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main goal of this book is to prove analytically and validate experimentally that synchronization in multi-composed mechanical systems can be achieved in the case of partial knowledge of the state vector of the systems, i.e. when only positions are measured. For this purpose, synchronization schemes based on interconnections between the systems, feedback controllers and observers are proposed. Because mechanical systems include a large variety of systems, and since it is impossible to address all of them, the book focuses on robot manipulators. Nonetheless the ideas developed here can be extended to other mechanical systems, such as mobile robots, motors and generators. Contents: Preliminaries; External Synchronization of Rigid Joint Robots; External Synchronization of Flexible Joint Robots; Mutual Synchronization of Rigid Joint Robots; An Experimental Case Study; Synchronization in Other Mechanical Systems. Readership: Students and researchers in mechanical engineering and control theory.

Download or read book Handbook of Blockchain Digital Finance and Inclusion Volume 1 written by David Lee Kuo Chuen and published by Academic Press. This book was released on 2017-08-03 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1: Cryptocurrency, FinTech, InsurTech, and Regulation explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets. Contributors go beyond summaries of standard models to describe new banking business models that will be sustainable and will likely dictate the future of finance. The volume not only emphasizes the financial opportunities made possible by digital banking, such as financial inclusion and impact investing, but it also looks at engineering theories and developments that encourage innovation. Its ability to illuminate present potential and future possibilities make it a unique contribution to the literature. - Explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets - Explains the practical consequences of both technologies and economics to readers who want to learn about subjects related to their specialties - Encompasses alternative finance, financial inclusion, impact investing, decentralized consensus ledger and applied cryptography - Provides the only advanced methodical summary of these subjects available today

Download or read book Industry Emergence written by Gregory Theyel and published by Routledge. This book was released on 2016-08-05 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a novel industry emergence framework to explain the features, interaction, and synchronization of key elements for the birth and growth of new industries. Organized around seven elements—firm strategy, technology, investment, supply networks, production, markets, and government—Theyel’s framework provides inventors, managers, investors, scholars, and policymakers with a comprehensive understanding of how industries emerge, helping them to be more successful at influencing the birth and growth of new industries. Understanding industry emergence is important because new industries can offer the advancement of technology, improvements in human health and the environment, growth of firms, creation of jobs, and economic development. With learning objectives, theory, tools, case studies, and end-of-chapter questions, Industry Emergence will be a useful resource for students and professionals in engineering, science, business, and policy.

Download or read book Synchronization in Complex Networks of Nonlinear Dynamical Systems written by Chai Wah Wu and published by World Scientific. This book was released on 2007 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together two emerging research areas: synchronization in coupled nonlinear systems and complex networks, and study conditions under which a complex network of dynamical systems synchronizes. While there are many texts that study synchronization in chaotic systems or properties of complex networks, there are few texts that consider the intersection of these two very active and interdisciplinary research areas. The main theme of this book is that synchronization conditions can be related to graph theoretical properties of the underlying coupling topology. The book introduces ideas from systems theory, linear algebra and graph theory and the synergy between them that are necessary to derive synchronization conditions. Many of the results, which have been obtained fairly recently and have until now not appeared in textbook form, are presented with complete proofs. This text is suitable for graduate-level study or for researchers who would like to be better acquainted with the latest research in this area. Sample Chapter(s). Chapter 1: Introduction (76 KB). Contents: Graphs, Networks, Laplacian Matrices and Algebraic Connectivity; Graph Models; Synchronization in Networks of Nonlinear Continuous-Time Dynamical Systems; Synchronization in Networks of Coupled Discrete-Time Systems; Synchronization in Network of Systems with Linear Dynamics; Agreement and Consensus Problems in Groups of Interacting Agents. Readership: Graduate students and researchers in physics, applied mathematics and engineering.

Download or read book Global Business Cycles written by Mr.Ayhan Kose and published by International Monetary Fund. This book was released on 2008-06-01 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the evolution of the degree of global cyclical interdependence over the period 1960-2005. We categorize the 106 countries in our sample into three groups-industrial countries, emerging markets, and other developing economies. Using a dynamic factor model, we then decompose macroeconomic fluctuations in key macroeconomic aggregates-output, consumption, and investment-into different factors. These are: (i) a global factor, which picks up fluctuations that are common across all variables and countries; (ii) three group-specific factors, which capture fluctuations that are common to all variables and all countries within each group of countries; (iii) country factors, which are common across all aggregates in a given country; and (iv) idiosyncratic factors specific to each time series. Our main result is that, during the period of globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies and among the group of emerging market economies. Surprisingly, there has been a concomitant decline in the relative importance of the global factor. In other words, there is evidence of business cycle convergence within each of these two groups of countries but divergence (or decoupling) between them.

Download or read book Implementing Microsoft Dynamics 365 for Finance and Operations written by Rahul Mohta and published by Packt Publishing Ltd. This book was released on 2017-09-15 with total page 551 pages. Available in PDF, EPUB and Kindle. Book excerpt: Harness the power of Dynamics 365 Operations and discover all you need to implement it About This Book Master all the necessary tools and resources to evaluate Dynamics 365 for Operations, implement it, and proactively maintain it. Troubleshoot your problems effectively with your Dynamics 365 partner Learn about architecture, deployment choices, integration, configuration and data migration, development, testing, reporting and BI, support, upgrading, and more. Who This Book Is For This book is for technology leaders, project managers solution architects, and consultants who are planning to implement, are in the process of implementing, or are currently upgrading to Dynamics 365 for Operations. This book will help you effectively learn and implement Dynamics 365 for Operations. What You Will Learn Learn about Microsoft Dynamics 365, it's offerings, plans and details of Finance and Operations, Enterprise edition Understand the methodology and the tool, architecture, and deployment options Effectively plan and manage configurations and data migration, functional design, and technical design Understand integration frameworks, development concepts, best practices, and recommendations while developing new solutions Learn how to leverage intelligence and analytics through Power BI, machine learning, IOT, and Cortana intelligence Master testing, training, going live, upgrading, and how to get support during and after the implementation In Detail Microsoft Dynamics 365 for Finance and Operations, Enterprise edition, is a modern, cloud-first, mobile-first, ERP solution suitable for medium and large enterprise customers. This book will guide you through the entire life cycle of a implementation, helping you avoid common pitfalls while increasing your efficiency and effectiveness at every stage of the project. Starting with the foundations, the book introduces the Microsoft Dynamics 365 offerings, plans, and products. You will be taken through the various methodologies, architectures, and deployments so you can select, implement, and maintain Microsoft Dynamics 365 for Finance and Operations, Enterprise edition. You will delve in-depth into the various phases of implementation: project management, analysis, configuration, data migration, design, development, using Power BI, machine learning, Cortana analytics for intelligence, testing, training, and finally deployment, support cycles, and upgrading. This book focuses on providing you with information about the product and the various concepts and tools, along with real-life examples from the field and guidance that will empower you to execute and implement Dynamics 365 for Finance and Operations, Enterprise edition. Style and approach This book is a step-by-step guide focusing on implementing Dynamics 365 Operations solutions for your organization.

Download or read book Synchronization And Control Of Chaos An Introduction For Scientists And Engineers written by Jesus M Gonzalez-miranda and published by World Scientific. This book was released on 2004-10-12 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a comprehensive overview of the research and latest developments in the field of the dynamics of coupled and driven chaotic oscillators, aimed at a wide audience. Since 1990, there has been very active research devoted to the field, culminating in a considerable body of knowledge, while active research continues.The results presented in the book will be valuable for scientific analysis and explanation in various different scientific disciplines, with potential applications in medicine and engineering. The contents include a selection of the most basic theoretical results, as well as experiments and applications presented at a mathematical level suited to readers working in non-hard sciences. It will also be of interest to physicists and mathematicians looking for an introduction to the field./a

Download or read book Modern Computational Finance written by Antoine Savine and published by John Wiley & Sons. This book was released on 2018-11-20 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguably the strongest addition to numerical finance of the past decade, Algorithmic Adjoint Differentiation (AAD) is the technology implemented in modern financial software to produce thousands of accurate risk sensitivities, within seconds, on light hardware. AAD recently became a centerpiece of modern financial systems and a key skill for all quantitative analysts, developers, risk professionals or anyone involved with derivatives. It is increasingly taught in Masters and PhD programs in finance. Danske Bank's wide scale implementation of AAD in its production and regulatory systems won the In-House System of the Year 2015 Risk award. The Modern Computational Finance books, written by three of the very people who designed Danske Bank's systems, offer a unique insight into the modern implementation of financial models. The volumes combine financial modelling, mathematics and programming to resolve real life financial problems and produce effective derivatives software. This volume is a complete, self-contained learning reference for AAD, and its application in finance. AAD is explained in deep detail throughout chapters that gently lead readers from the theoretical foundations to the most delicate areas of an efficient implementation, such as memory management, parallel implementation and acceleration with expression templates. The book comes with professional source code in C++, including an efficient, up to date implementation of AAD and a generic parallel simulation library. Modern C++, high performance parallel programming and interfacing C++ with Excel are also covered. The book builds the code step-by-step, while the code illustrates the concepts and notions developed in the book.

Download or read book Synchronization Techniques for Digital Receivers written by Umberto Mengali and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 532 pages. Available in PDF, EPUB and Kindle. Book excerpt: Synchronization is a critical function in digital communications; its failures may have catastrophic effects on the transmission system performance. Furthermore, synchronization circuits comprehend such a large part of the receiver hardware that their implementation has a substantial impact on the overall costs. For these reasons design engineers are particularly concerned with the development of new and more efficient synchronization structures. Unfortunately, the advent of digital VLSI technology has radically affected modem design rules, to a point that most analog techniques employed so far have become totally obsolete. Although digital synchronization methods are well established by now in the literature, they only appear in the form of technical papers, often concentrating on specific performance or implementation issues. As a consequence they are hardly useful to give a unified view of an otherwise seemingly heterogeneous field. It is widely recognized that a fundamental understanding of digital synchronization can only be reached by providing the designer with a solid theoretical framework, or else he will not know where to adjust his methods when he attempts to apply them to new situations. The task of the present book is just to develop such a framework.

Download or read book Central Finance and SAP S 4HANA written by CARSTEN. AWAN HILKER (JAVAID. DELVAT, JULIEN.) and published by SAP Press. This book was released on 2018-08-28 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: