The determinants of net interest margins & net interest spreads in the Russian & Japanese Commercial Banking sectors

This study presents an empirical investigation of the determinants of net interest margins and spreads in the Russian and Japanese banking sectors with a particular focus on commercial banks. Net interest mar-gins and spreads serve as indicators of financial intermediation efficiency. This paper employed a bank-level unbalanced panel dataset prolonging from 2005 to 2014. My main empirical results show that bank characteristics explain the most of the variation in not only net interest margins but also in spreads. Capi-talization, liquidity risk, inflation, economic growth, private and government debt are important determi-nants of margin in Russia. In Japan to the contrary loan and deposit market concentration along with bank size do predominate. Common significant variables in both countries are the substitution effect, cost effi-ciency and profitability. Turning to net interest spreads, micro- and macro-specific variables are the main significant drivers in Russia. I reach the conclusion that there are no significant determinants of net interest spreads in Japan within the original selection of variables, but operating efficiency and deposits to total funding seem to prevail. In both countries, there are solid differences in the net interest margins as well as spreads once the pre- and the post-crisis periods are considered.

Change in individual growth rate and its link to gill-net fishing in two sympatric whitefish species

Size-selective fishing is expected to affect traits such as individual growth rate, but the relationship between the fishery-linked selection differentials and the corresponding phenotypic changes is not well understood. We analysed a 25-year monitoring survey of sympatric populations of the two Alpine whitefish Coregonus albellus and C. fatioi. We determined the fishing-induced selection differentials on growth rates, the actual change of growth rates over time, and potential indicators of reproductive strategies that may change over time. We found marked declines in adult growth rate and significant selection differentials that may partly explain the observed declines. However, when comparing the two sympatric species, the selection differentials on adult growth were stronger in C. albellus while the decline in adult growth rate seemed more pronounced in C. fatioi. Moreover, the selection differential on juvenile growth was significant in C. albellus but not in C. fatioi, while a significant reduction in juvenile growth over the last 25 years was only found in C. fatioi. Our results suggest that size-selective fishing affects the genetics for individual growth in these whitefish, and that the link between selection differentials and phenotypic changes is influenced by species-specific factors.

Estimating the net contribution of interleukin-28B variation to spontaneous hepatitis C virus clearance.

The identification of associations between interleukin-28B (IL-28B) variants and the spontaneous clearance of hepatitis C virus (HCV) raises the issues of causality and the net contribution of host genetics to the trait. To estimate more precisely the net effect of IL-28B genetic variation on HCV clearance, we optimized genotyping and compared the host contributions in multiple- and single-source cohorts to control for viral and demographic effects. The analysis included individuals with chronic or spontaneously cleared HCV infections from a multiple-source cohort (n = 389) and a single-source cohort (n = 71). We performed detailed genotyping in the coding region of IL-28B and searched for copy number variations to identify the genetic variant or haplotype carrying the strongest association with viral clearance. This analysis was used to compare the effects of IL-28B variation in the two cohorts. Haplotypes characterized by carriage of the major alleles at IL-28B single-nucleotide polymorphisms (SNPs) were highly overrepresented in individuals with spontaneous clearance versus those with chronic HCV infections (66.1% versus 38.6%, P = 6 × 10(-9) ). The odds ratios for clearance were 2.1 [95% confidence interval (CI) = 1.6-3.0] and 3.9 (95% CI = 1.5-10.2) in the multiple- and single-source cohorts, respectively. Protective haplotypes were in perfect linkage (r(2) = 1.0) with a nonsynonymous coding variant (rs8103142). Copy number variants were not detected. We identified IL-28B haplotypes highly predictive of spontaneous HCV clearance. The high linkage disequilibrium between IL-28B SNPs indicates that association studies need to be complemented by functional experiments to identify single causal variants. The point estimate for the genetic effect was higher in the single-source cohort, which was used to effectively control for viral diversity, sex, and coinfections and, therefore, offered a precise estimate of the net host genetic contribution.

Reliure de : Petri Victorii Commentarii longe doctissimi in tres libros Aristotelis de Arte dicendi, nunc primum in Germania editi, cum locuplete rerum et verborum in iisdem memorabilium indice

Numérisation partielle de reliure

Cartulare monasterii beatorum Petri et Pauli de Domina, Cluniacensis ordinis Gratianopolitanae dioecesis...

[Domène]

Petri cardinalis Alphabetum in artem sermocinandi, jusqu'à la lettre S.

Jacobins de la rue Saint-Jacques.

Arrêt du grand conseil qui fixe ce qui doit être payé par le Sr Pavé, en qualité de secrétaire du roi, pour signature, mise au net, papier et façon d'un décret forcé intervenu aux requêtes du palais

[Acte. 1748-11-08. Paris]

Errores condemnandi in Petri Johannis Olivi Postilla super Apocalypsim.

F. 1-276v « Ista sunt que in postilla fratris Petri Johannis super Apocalipsim videntur esse heretica aut erronea vel periculosa secundum quod sunt ab eo intellecta et declarata et prout eciam sonant verba que in sequentibus per certos articulos recitantur. Primus articulus in prologo lecture fratris Petri Johannis super Apocalypsim... — ... quousque transeat in gloriam ubi cessabunt omnia sacramenta. Expliciunt articuli falsi, temerarii seu erronei extracti de postilla super Apocalipsim que atribuitur fratri Petro Johannis ». — Sans doute ms. original de la consultation, datée, d'après le texte, 1318-1319 ; utilisé par I. von Döllinger, Beiträge zur Sektengeschichte des Mittelalters, Münich, 1890, II, 527-585 ; cf. J. Koch, dans Rech. théol. anc. méd., V (1933), 302-315 et E. Pásztor, dans Bull. Ist. stor. ital., LXX (1958), 366-380. Notes marginales de la main de Jean XXII ; cf. ms. Latin 1909 et add. du ms. Latin 3290.

Petri de Palude, ordinis Praedicatorum, Hierosolymitani Patriarchae, tractatus de causa immediata ecclesiasticae potestatis

Tellerianus

1.° Geraldi de Piscario, ordinis Fratrum Minorum, lectura in caput Cum Martha, extra, De celebratione missarum. — 2.° Ejusdem expositio super quadripartitum Joannis Papae. — 3.° Ejusdem impugnatio theorematum Aegidii, de corpore Christi. — 4.° Ejusdem dogmaticum de anima separata a corpore, et de unione Dei. — 5.° Ejusdem compendium super libros Dionysii. — 6.° Ejusdem positio circa Trinitatem. — 7.° Summa sententiarum Petri Alphonsi, ex Judaeo Christiani, a Geraldo de Piscario recollecta. — 8.° Ejusdem collectiones variae e Scriptura sacra, e Patribus et ex Aristotele

Colbertinus

Petri Comestoris historia scholastica : nonnulla initio desiderantur.

Colbertinus

Petri Comestoris historia scholastica.

Colbertinus

1.° Copia cedulae factae et subscriptae per Cardinales in conclavi, pro electione Petri de Luna. — 2.° Benedicti XIII. responsiones tres factae Legatis Galliae. — 3.° Quomodò debeat intelligi cedula subscripta per dominos Cardinales in conclavi.

Mazarinaeus