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1

Insider Trading Performance in the Taiwan Stock Market  

Microsoft Academic Search

This paper investigates the performance of insider trading on the Taiwan Stock Exchange. In addition to a traditional single-factor model, the conditional Jensen's alpha approach proposed by Eckbo and Smith (1998) is employed as well. We also compare performances between mutual funds and insider portfolios. The empirical results show that insider trading does not gain any abnormal returns as found

Min-Hsien Chiang; Long-Jainn Hwang; Yui-Chi Wu

2004-01-01

2

Convertible Exchangeable Preferred Stock  

Microsoft Academic Search

Convertible exchangeable preferred stock includes an option for the issuer to exchange the preferred for convertible bonds with identical pre-tax cash flows and conversion terms. In other respects this innovative corporate security is identical to traditional convertible preferred stock. The exchange feature provides the issuer with a potentially valuable option to swap a non-tax-deductible expense for a tax-deductible one. The

Arnold R. Cowan

1996-01-01

3

The overnight effect on the Taiwan stock market  

NASA Astrophysics Data System (ADS)

This study examines statistical regularities among three components of stocks and indices: daytime (trading hour) return, overnight (off-hour session) return, and total (close-to-close) return. Owing to the fact that the Taiwan Stock Exchange (TWSE) has the longest non-trading periods among major markets, the TWSE is selected to explore the correlation among the three components and compare it with major markets such as the New York Stock Exchange (NYSE) and the National Association of Securities Dealers Automated Quotation (NASDAQ). Analysis results indicate a negative cross correlation between the sign of daytime return and the sign of overnight return; possibly explaining why most stocks feature a negative cross correlation between daytime return and overnight return [F. Wang, S.-J. Shieh, S. Havlin, H.E. Stanley, Statistical analysis of the overnight and daytime return, Phys. Rev. E 79 (2009) 056109]. Additionally, the cross correlation between the magnitude of returns is analyzed. According to those results, a larger magnitude of overnight return implies a higher probability that the sign of the following daytime return is the opposite of the sign of overnight return. Namely, the predictability of daytime return might be improved when a stock undergoes a large magnitude of overnight return. Furthermore, the cross correlations of 29 indices of worldwide markets are discussed.

Tsai, Kuo-Ting; Lih, Jiann-Shing; Ko, Jing-Yuan

2012-12-01

4

Detecting Long-range Power-law Correlations in Financial Time Series: A Case on Listed Companies of Taiwan Stock Market  

Microsoft Academic Search

In time series analysis, there have been many statistic models widely used; some models could estimate long memory. A new idea for analyzing time series is Detrended Fluctuation Analysis (DFA), which was originally developed for finding long-rage power-law correlations in DNA sequences. We apply DFA to Taiwan stock market for three categories of data: TAIEX (Taiwan Stock Exchange Capitalization Weighted

Huei-Huang Chen; Yi-Lin Huang

2004-01-01

5

Technical trading strategies and cross-national information linkage: the case of Taiwan stock market  

Microsoft Academic Search

This study tests four prevalent moving average technical trading rules for Taiwan stock markets. More notably, cross-national information from the US stock markets is also incorporated in our technical trading rules to project Taiwan stock market movements. We then design trading strategies and investigate their predictive power over buy-and-hold strategy. Our results suggest that technical trading rules are predictive for

Yung-Ho Chang; Massoud Metghalchi; Chia-Chung Chan

2006-01-01

6

Stock prices and the effective exchange rate of the dollar  

Microsoft Academic Search

The literature on the relation between stock prices and exchange rates is very poor and includes few studies that have argued that exchange rate changes do effect stock prices.By relying on the portfolio approach to exchange rate determination, it is argued that a change in stock prices could also have an impact on exchange rates, i.e. there could be a

Mohsen Bahmani-Oskooee; Ahmad Sohrabian

1992-01-01

7

Testing the Efficient Market Hypothesis for the Athens Stock Exchange  

Microsoft Academic Search

In this paper, the weak form of the efficient market hypothesis is tested for the Athens Stock Exchange through approaches accounting for conditional heteroscedasticity. The paper contains also an analysis on the influence of changes in economic conditions on stock returns and on conditional volatility. Empirical findings do not support the weak form of the efficient market hypothesis while mixed

Tarkan Cavusoglu

2007-01-01

8

Insider trading restrictions and the stock market: Evidence from the Amsterdam Stock Exchange  

Microsoft Academic Search

This paper examines the effect of introducing insider trading restrictions on the behaviour of the Amsterdam Stock Exchange. From 1987 on, insiders are no longer allowed to trade two months before an annual earnings announcement. The results indicate that stocks became less liquid (when liquidity is measured by trading volume) when insiders were not allowed to trade. We also find

Rezaul Kabir; Theo Vermaelen

1996-01-01

9

The Effect of Corporate Governance on Quality of Information Disclosure : :: :Evidence from Treasury Stock Announcement in Taiwan  

Microsoft Academic Search

In order to provide investing reference for judging whether the information disclosure is true or not, this paper investigates the effect of corporate gov ernance on quality of information disclosure with a n example of the third-purpose treasury stock announc ement in Taiwan. With a sample of the listed companies that made the first treasury stock announ cement between 2000

Yue-Fang Wen

10

78 FR 69900 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...2013, National Stock Exchange, Inc. (``NSX[supreg]'' or ``Exchange...directed to the CBOE Stock Exchange, Inc. (``CBSX'') and pay the standard...9\\ The Select Securities are Apple Inc. (``AAPL''); Google...

2013-11-21

11

Multivariate Comparative Analysis of Stock Exchanges: The European Perspective  

NASA Astrophysics Data System (ADS)

The aim of the research is to perform a multivariate comparative analysis of 20 European stock exchanges in order to identify the main similarities between the objects. Due to the convergence process of capital markets in Europe the similarities between stock exchanges could be expected to increase over time. The research is meant to show whether and how these similarities change. Consequently, the distances between clusters of similar stock exchanges should become less significant, which the analysis also aims at verifying. The basis of comparison is a set of 48 monthly variables from the period January, 2003 to December, 2006. The variables are classified into three categories: size of the market, equity trading and bonds. The paper aims at identifying the clusters of alike stock exchanges and at finding the characteristic features of each of the distinguished groups. The obtained categorization to some extent corresponds with the division of the European Union into “new” and “old” member countries. Clustering method, performed for each quarter separately, also reveals that the classification is fairly stable in time. The factor analysis, which was carried out to reduce the number of variables, reveals three major factors behind the data, which are related with the earlier mentioned categories of variables.

Koralun-Bere?nicka, Julia

12

The Efficient Market Hypothesis Testing on the Prague Stock Exchange  

Microsoft Academic Search

We have shown that in the period of 1995-1997 the weak form Efficient Market Hypothesis does not apply to the Prague Stock Exchange. This conclusion is supported especially by the magnitude of autocorrelation between subsequent returns. Due to this result, the confirmation and analysis of heteroskedasticity can be considered as the most important contribution of this article. We used GARCH

Miloslav Vošvrda; Jan Filá?ek; Marek Kapli?ka

1998-01-01

13

26 CFR 1.354-1 - Exchanges of stock and securities in certain reorganizations.  

Code of Federal Regulations, 2013 CFR

...2013-04-01 false Exchanges of stock and securities in certain reorganizations. 1.354-1...CONTINUED) Effects on Shareholders and Security Holders § 1.354-1 Exchanges of stock and securities in certain reorganizations....

2013-04-01

14

"Price-Quakes" Shaking the World's Stock Exchanges  

PubMed Central

Background Systemic risk has received much more awareness after the excessive risk taking by major financial instituations pushed the world's financial system into what many considered a state of near systemic failure in 2008. The IMF for example in its yearly 2009 Global Financial Stability Report acknowledged the lack of proper tools and research on the topic. Understanding how disruptions can propagate across financial markets is therefore of utmost importance. Methodology/Principal Findings Here, we use empirical data to show that the world's markets have a non-linear threshold response to events, consistent with the hypothesis that traders exhibit change blindness. Change blindness is the tendency of humans to ignore small changes and to react disproportionately to large events. As we show, this may be responsible for generating cascading events—pricequakes—in the world's markets. We propose a network model of the world's stock exchanges that predicts how an individual stock exchange should be priced in terms of the performance of the global market of exchanges, but with change blindness included in the pricing. The model has a direct correspondence to models of earth tectonic plate movements developed in physics to describe the slip-stick movement of blocks linked via spring forces. Conclusions/Significance We have shown how the price dynamics of the world's stock exchanges follows a dynamics of build-up and release of stress, similar to earthquakes. The nonlinear response allows us to classify price movements of a given stock index as either being generated internally, due to specific economic news for the country in question, or externally, by the ensemble of the world's stock exchanges reacting together like a complex system. The model may provide new insight into the origins and thereby also prevent systemic risks in the global financial network.

Andersen, J?rgen Vitting; Nowak, Andrzej; Rotundo, Giulia; Parrott, Lael; Martinez, Sebastian

2011-01-01

15

Dynamics of market liquidity of Japanese stocks: An analysis of tick-by-tick data of the Tokyo Stock Exchange  

Microsoft Academic Search

The purpose of this study is to study dynamic aspects of market liquidity of Japanese stocks. We use tick-by-tick data of the individual stocks listed on the first section of the Tokyo Stock Exchange (TSE) and examine three indicators of market liquidity corresponding to Kyle 's three concepts of market liquidity: tightness, depth, and resiliency. The first indicator is the

Jun Muranaga

16

Sector Identification in a Set of Stock Return Time Series Traded at the London Stock Exchange  

NASA Astrophysics Data System (ADS)

We compare some methods recently used in the literature to detect the existence of a certain degree of common behavior of stock returns belonging to the same economic sector. Specifically, we discuss methods based on random matrix theory and hierarchical clustering techniques. We apply these methods to a portfolio of stocks traded at the London Stock Exchange. The investigated time series are recorded both at a daily time horizon and at a 5-minute time horizon. The correlation coefficient matrix is very different at different time horizons confirming that more structured correlation coefficient matrices are observed for long time horizons. All the considered methods are able to detect economic information and the presence of clusters characterized by the economic sector of stocks. However, different methods present a different degree of sensitivity with respect to different sectors. Our comparative analysis suggests that the application of just a single method could not be able to extract all the economic information present in the correlation coefficient matrix of a stock portfolio.

Coronnello, C.; Tumminello, M.; Lillo, F.; Micciche, S.; Mantegna, R. N.

2005-09-01

17

26 CFR 1.356-4 - Exchanges for section 306 stock.  

Code of Federal Regulations, 2013 CFR

...received in exchange for any section 306 stock owned by a shareholder prior to such transaction...shareholder who owns a share of common stock (having a basis to him of $100) and a share of preferred stock which is section 306 stock (having...

2013-04-01

18

Efficiency of New Financial Markets: The Case of Warsaw Stock Exchange  

Microsoft Academic Search

This study investigates the weak form of efficiency of the Warsaw Stock Exchange. The behavior of individual stock returns and the WIG index are examinated from the first quotation in April 1991 until 1993. According to variance ratio, autocorrrelation and run tests of serial dependence. It seems that the market inefficiency of the Warsaw Stock Exchange is in a large

Mariusz Tamborski

1994-01-01

19

Structural and topological phase transitions on the German Stock Exchange  

NASA Astrophysics Data System (ADS)

We find numerical and empirical evidence for dynamical, structural and topological phase transitions on the (German) Frankfurt Stock Exchange (FSE) in the temporal vicinity of the worldwide financial crash. Using the Minimal Spanning Tree (MST) technique, a particularly useful canonical tool of the graph theory, two transitions of the topology of a complex network representing the FSE were found. The first transition is from a hierarchical scale-free MST representing the stock market before the recent worldwide financial crash, to a superstar-like MST decorated by a scale-free hierarchy of trees representing the market’s state for the period containing the crash. Subsequently, a transition is observed from this transient, (meta)stable state of the crash to a hierarchical scale-free MST decorated by several star-like trees after the worldwide financial crash. The phase transitions observed are analogous to the ones we obtained earlier for the Warsaw Stock Exchange and more pronounced than those found by Onnela-Chakraborti-Kaski-Kertész for the S&P 500 index in the vicinity of Black Monday (October 19, 1987) and also in the vicinity of January 1, 1998. Our results provide an empirical foundation for the future theory of dynamical, structural and topological phase transitions on financial markets.

Wili?ski, M.; Sienkiewicz, A.; Gubiec, T.; Kutner, R.; Struzik, Z. R.

2013-12-01

20

Microscopic analysis of currency and stock exchange markets.  

PubMed

Recently it was shown that distributions of short-term price fluctuations in foreign-currency exchange exhibit striking similarities to those of velocity differences in turbulent flows. Similar profiles represent the spectral-diffusion behavior of impurity molecules in disordered solids at low temperatures. It is demonstrated that a microscopic statistical theory of the spectroscopic line shapes can be applied to the other two phenomena. The theory interprets the financial data in terms of information which becomes available to the traders and their reactions as a function of time. The analysis shows that there is no characteristic time scale in financial markets, but that instead stretched-exponential or algebraic memory functions yield good agreement with the price data. For an algebraic function, the theory yields truncated Lévy distributions which are often observed in stock exchange markets. PMID:11969903

Kador, L

1999-08-01

21

Microscopic analysis of currency and stock exchange markets  

NASA Astrophysics Data System (ADS)

Recently it was shown that distributions of short-term price fluctuations in foreign-currency exchange exhibit striking similarities to those of velocity differences in turbulent flows. Similar profiles represent the spectral-diffusion behavior of impurity molecules in disordered solids at low temperatures. It is demonstrated that a microscopic statistical theory of the spectroscopic line shapes can be applied to the other two phenomena. The theory interprets the financial data in terms of information which becomes available to the traders and their reactions as a function of time. The analysis shows that there is no characteristic time scale in financial markets, but that instead stretched-exponential or algebraic memory functions yield good agreement with the price data. For an algebraic function, the theory yields truncated Lévy distributions which are often observed in stock exchange markets.

Kador, L.

1999-08-01

22

Taiwan.  

PubMed

Attention in this discussion of Taiwan is directed to the following: geography; the people -- education, languages, religions, and cultural background; history; administration; political conditions; the economy; defense; foreign relations; and relations between the US and Taiwan. In 1987 the population was estimated to be 19.7 million with an annual growth rate of 1.07%. The infant mortality rate in 1986 was 0.7% with a life expectancy of 70.8 for men and 75.8 for women. Taipei, which continues its claim of sovereignty over all of China in the name of the "Republic of China," exercises control only over the island of Taiwan, the Penghu Islands, and about 20 offshore islands, most near the China mainland. Most native Taiwanese speak a variant of the Amoy (Hokkien) dialect of Southern Fujian. The predominant religion is a combination of Buddhism and Taoism. Chinese sources show migration to Taiwan began as early as A.D. 500. Dutch traders 1st claimed the island in 1624 as a base for Dutch commerce with Japan and the China coast. The 1st major influx of migrants from the Chinese mainland came during the Dutch period. In 1664, a Chinese fleet led by the Ming loyalist Zheng Chenggong retreated from the mainland and occupied Taiwan. Zheng expelled the Dutch and established Taiwan as a base in his attempt to restore the Ming Dynasty. After his death in 1683, his successors submitted to Manchu control. Manchu China ruled Taiwan as a frontier district until it was declared a separate Chinese province in 1886. The authorities in Taipei claim to be the government of all China, including Taiwan. When President Chiang Ching-kuo died in 1988, he was succeeded by Vice President Lee Teng-hui, who had been elected along with Chiang by the National Assembly to a 6-year term. Until 1986, Taiwan's political system was effectively 1 party. Before elections in 1986, many "nonpartisans" grouped together to form Taiwan's 1st new political party in over 4 decades -- the Democratic Progressive Party. Friction between mainlanders and native Taiwanese continues to be a problem, but it has abated with time and the gradual melding of the 2 Chinese communities. Taiwan has changed from an agricultural to an industrialized economy over the past 30 years. During 1973-82, the gross domestic product rose at an annual average of 9.5% in real terms. President Carter signed into law on April 10, 1979, the Taiwan Relations Act, which created domestic legal authority for the conduct of unofficial relations with Taiwan. PMID:12177975

1988-03-01

23

Creating a Global Stock Exchange: Does the Present National System Have a Future?  

ERIC Educational Resources Information Center

Sovereignty and national pride throw up potentially the biggest obstacles in the path of a global stock exchange, being all the more insurmountable because of their bases in emotional politics as opposed to economic logic. A global stock exchange could come about if New York, London and Tokyo could consolidate their current baton-passing activity…

Warner-Allen, Charles

24

Tax Options, Clienteles, and Adverse Selection: The Case of Convertible Exchangeable Preferred Stock  

Microsoft Academic Search

Firms that issue convertible exchangeable preferred stock can later exchange it for debt with identical conversion and cash flow rights, thus capturing interest tax deductions when they can benefit from them. Despite tax and transaction-cost advantages, many issuers forego this innovative security in favor of otherwise identical, traditional convertible preferred stock. Tests of two potential explanations are presented, that issuers

Arnold R. Cowan

1999-01-01

25

A study of the predictive performance of the moving average trading rule as applied to NYSE, the Athens Stock Exchange and the Vienna Stock Exchange: sensitivity analysis and implications for weak-form market efficiency testing  

Microsoft Academic Search

This work examines the variation of the simple Moving Average (MA) trading rule performance as a function of the MA length in New York Stock Exchange (NYSE), Athens Stock Exchange (ASE) and Vienna Stock Exchange (VSE) using daily data from May 1993 to April 2005. Results show that changes of the MA trading rule performance as a function of the

Alexandros E. Milionis; Evangelia Papanagiotou

2009-01-01

26

76 FR 7236 - Self-Regulatory Organizations; Stock Clearing Corporation of Philadelphia; Boston Stock Exchange...  

Federal Register 2010, 2011, 2012, 2013

...Repurchase''). Also on December 16, 2010, Nomura International plc (``Nomura'') agreed to purchase 8 million shares of NASDAQ OMX common stock from Borse Dubai (``Nomura Purchase''). The Stock Repurchase and...

2011-02-09

27

Gold Prices, Exchange Rates, Gold Stocks and the Gold Premium  

Microsoft Academic Search

This paper studies the exposure of the stock prices of Australian gold-mining firms to changes in gold prices and the valuation effects of gold price exposure. Gold-mining firms have significant gold price exposure; the price of the average gold-mining stock moves 0.76% for each 1.00% change in Australian-dollar-denominated gold prices. Evidence from the behaviour of stock price sensitivities suggests that

Garry Twite

2002-01-01

28

Efficient Market Hypothesis and Emerging Capital Markets: Empirical Evidence from Istanbul Stock Exchange  

Microsoft Academic Search

In this study we used an index called ?return index-20? which is a monthly index composed by us and used a time series model to test weak form of efficiency for this index in Istanbul Stock Exchange (ISE). ISE National-30 is an index which consists of relatively more liquid and larger firms where their stocks are widely held in public

Mehmet Aga; Berna Kocaman

29

78 FR 8638 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...percentage calculation is rounded to the nearest fifty points to create the Levels' trigger points. The New York Stock Exchange, Inc. (``NYSE'') disseminates the new trigger levels quarterly to the media and via an...

2013-02-06

30

Empirical Study of Relations between Stock Returns and Exchange Rate Fluctuations in China  

NASA Astrophysics Data System (ADS)

The existing theories tell us that there exist interaction relations between stock prices and exchange rates. However, empirical research results don’t always support these theories. This paper uses quantile regression techniques to check whether the above theories hold in Chinese markets. We first eliminate the impact of the calendar effect and the time trends on stock market returns and exchange rate fluctuations using Gallant, Rossi, and Tachen’s method (1992) by combination with stepwise regression method, and then do quantile regression analysis according to the adjusted data. The empirical results are summarized as follows: the influences of exchange rate fluctuations to stock returns are negative at most quantiles of stock returns; the opposite influences are not significant at most quantiles of exchange rate fluctuations. Some explanations according to these results are given.

Chen, Jian-Bao; Wang, Deng-Ling; Cheng, Ting-Ting

31

Research of Neural Network Methods for Compound Stock Exchange Indices Analysis  

Microsoft Academic Search

The presented article is about a research using artificial neural network (ANN) methods for compound (technical and fundamental) analysis and prognosis of Lithuania's National Stock Exchange (LNSE) indices LITIN, LITIN-A and LITIN-VVP. We employed initial pre-processing (analysis for entropy and correlation) for filtering out model input variables (LNSE indices, macroe- conomic indicators, Stock Exchange indices of other countries such as

Darius Plikynas; Leonas Simanauskas; Sigitas Buda

2002-01-01

32

Volatility effect of ETFs on the constituents of the underlying Taiwan 50 Index  

Microsoft Academic Search

Owing to the growing importance of the Taiwan Top 50 Tracker Fund (TTT), the first and the only Taiwanese Exchange Traded Fund (ETF), this study investigates the change in the volatility of the component stocks of the Taiwan 50 Index after the introduction of TTT. Using the volatility measure proposed by Andersen et al. (2001) and the unconditional variance of

Ching-Chung Lin; Min-Hsien Chiang

2005-01-01

33

Security price adjustment across exchanges: an investigation of common factor components for Dow stocks  

Microsoft Academic Search

VECMs can detect trades that permanently move the markets in cross-listed stocks. We employ Gonzalo and Granger's (J. Business Econom. Stat. 13 (1995) 1) reduced-rank regressions and QGG test statistic to analyze the common factor weight attributable to three informationally-linked exchanges for DJIA stocks over 1988–1995. We distinguish this error correction approach to trading price adjustment from the information shares

Frederick H. de B. Harris; Thomas H. McInish; Robert A. Wood

2002-01-01

34

A study on decision factors in adopting an online stock trading system by brokers in Taiwan  

Microsoft Academic Search

With the influence of the Internet booming and global competition expanding, E-Commerce (EC) is receiving considerable attention worldwide. Currently, most people in this new era are thinking about whether or not EC could bring unlimited business opportunities and new competitive advantages. Among all EC applications, Internet-based stock trading is really one of the best ways to understand the attraction and

Shi-ming Huang; Yu-chung Hung; David C. Yen

2005-01-01

35

Testing weak-form market efficiency: Evidence from the Istanbul Stock Exchange  

Microsoft Academic Search

The random-walk version of the efficient market hypothesis is tested for the Istanbul Stock Exchange (ISE) using its composite, industrial, and financial index weekly closing prices. The results obtained from three of the tests indicate that all three series are a random walk, but a nonparametic test provides some evidence against a random walk.

Cumhur Buguk; B. Wade Brorsen

2003-01-01

36

Ownership, Managerial Control and the Governance of Companies Listed on the Brussels Stock Exchange  

Microsoft Academic Search

This paper examines how corporate control is exerted in companies listed on the Brussels Stock Exchange. There are several alternative corporate governance mechanisms which may play a role in disciplining poorly performing management: blockholders (holding companies, industrial companies, families and institutions), the market for partial control, debt policy, and board composition. Even if there is redundancy of substitute forms of

L. D. R. Renneboog

1999-01-01

37

Ownership, managerial control and the governance of companies listed on the Brussels stock exchange  

Microsoft Academic Search

This paper examines how corporate control is exerted in companies listed on the Brussels Stock Exchange. There are several alternative corporate governance mechanisms which may play a role in disciplining poorly performing management: blockholders (holding companies, industrial companies, families and institutions), the market for partial control, debt policy, and board composition. Even if there is redundancy of substitute forms of

Luc Renneboog

2000-01-01

38

Ownership structure, corporate governance and corporate liquidity policy : Evidence from the Ghana Stock Exchange  

Microsoft Academic Search

Purpose – The purpose of this paper is to examine the impact of ownership structure and corporate governance on corporate liquidity policy from a developing country perspective, Ghana Stock Exchange (GSE). Design\\/methodology\\/approach – The authors adopt multiple regression analysis in estimating the relationship between ownership structure, corporate governance and corporate liquidity policy as well as the impact of corporate governance

Godfred A. Bokpin; Zangina Isshaq; Francis Aboagye-Otchere

2011-01-01

39

Forecasting Stock Exchange Movements Using Artificial Neural Network Models and Hybrid Models  

NASA Astrophysics Data System (ADS)

Forecasting stock exchange rates is an important financial problem that is receiving increasing attention. During the last few years, a number of neural network models and hybrid models have been proposed for obtaining accurate prediction results, in an attempt to outperform the traditional linear and nonlinear approaches. This paper evaluates the effectiveness of neural network models; recurrent neural network (RNN), dynamic artificial neural network (DAN2) and the hybrid neural networks which use generalized autoregressive conditional heteroscedasticity (GARCH) and exponential generalized autoregressive conditional heteroscedasticity (EGARCH) to extract new input variables. The comparison for each model is done in two view points: MSE and MAD using real exchange daily rate values of Istanbul Stock Exchange (ISE) index XU10).

Güre?en, Erkam; Kayakutlu, Gülgün

40

26 CFR 1.1036-1 - Stock for stock of the same corporation.  

Code of Federal Regulations, 2013 CFR

...loss, of common stock for common stock, or of preferred stock for preferred stock, in the same corporation. Section 1036 applies...not apply if stock is exchanged for bonds, or preferred stock is exchanged for common stock, or common...

2013-04-01

41

Analysis of E-marketplace Attributes: Assessing The NATO Logistics Stock Exchange  

Microsoft Academic Search

E-marketplaces can be beneficial when used for the procurement of maintenance, repair and operating (MRO) supplies. Our study identifies both effectiveness- and efficiency- related attributes of e-marketplaces for procurement. We then examine these attributes using an actual e-marketplace for MRO items in a military setting. In our research, we surveyed users of the NATO logistics stock exchange (NLSE) to obtain

Cees J. Gelderman; Janjaap Semeijn; Ivo Lek

2008-01-01

42

The Relationship between Corporate Governance Indicators and Firm Value : A Case Study of Karachi Stock Exchange  

Microsoft Academic Search

We investigated whether differences in quality of firm-level corporate governance can explain the firm-level performance in a cross-section of companies listed at Karachi Stock Exchange. Therefore, we analysed the relationship between firm-level value as measured by Tobins Q and total Corporate Governance Index (CGI) and three sub-indices : Board, Shareholdings and Ownership, and Disclosures and Transparency for a sample of

Attiya Y. Javed; Robina Iqbal

2007-01-01

43

INTEREST AND EXCHANGE RATE RISK AND STOCK RETURNS: A MULTIVARIATE GARCH-M MODELLING APPROACH  

Microsoft Academic Search

In this paper we examine the sensitivity of stock returns to market, interest rate, and exchange rate risk in three financial sectors (Banking, Financial Services and Insurance) in 16 countries, including various European economies, the US and Japan. We also test for the presence of causality-in-mean and volatility spillovers. The econometric framework is a four- variate GARCH-in-mean model, which incorporates

John Beirne; Guglielmo Maria Caporale; Nicola Spagnolo

44

Efficient Markets Hypothesis and the Emerging Capital Market in Sri Lanka: Evidence from the Colombo Stock Exchange - A Note  

Microsoft Academic Search

The behaviour of stock prices on the Colombo Stock Exchange (CSE) is examined with a view to determine its consistency with the weak form of the Efficient Markets Hypothesis (EMH). Runs, Autocorrelation and Cointegration tests are applied to daily, weekly and monthly CSE index data for the period of January 1991-November 1996. Results of Runs, Correlation and Cointegration tests overwhelmingly

Sarath P. Abeysekera

2001-01-01

45

77 FR 43636 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...data for securities listed on the New York Stock Exchange) is based on...arbitrary.''). This is not new economic theory. See, e.g., F. W. Taussig, ``A Contribution to the Theory of Railway Rates,''...

2012-07-25

46

78 FR 18402 - Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE MKT LLC; Notice of Designation...  

Federal Register 2010, 2011, 2012, 2013

...Allow a Retail Member Organization To Attest That ``Substantially All'' Orders Submitted to The Retail Liquidity Program Will Qualify as ``Retail Orders'' March 20, 2013. On January 17, 2013, New York Stock Exchange LLC (``NYSE'') and...

2013-03-26

47

Air-water exchange fluxes of polycyclic aromatic hydrocarbons in the tropical coast, Taiwan.  

PubMed

Air-water exchange fluxes of polycyclic aromatic hydrocarbons (PAHs) were simultaneously measured in air and water samples from two sites on the Kenting coast, located at the southern tip of Taiwan, from January to December 2010. There was no significant difference in the total PAH (t-PAH) concentrations in both gas and dissolved phases between these two sites due to the less local input which also coincided to the low levels of t-PAH concentration; the gas and dissolved phases averaged 1.29±0.59ngm(-3) and 2.17±1.19ngL(-1) respectively. The direction and magnitude of the daily flux of PAHs were significantly influenced by wind speed and dissolved PAH concentrations. Individual PAH flux ranged from 627ngm(-2)d(-1) volatilization of phenanthrene during the rainy season with storm-water discharges raising dissolved phase concentration, to 67ngm(-2)d(-1) absorption of fluoranthene during high wind speed periods. Due to PAH annual fluxes through air-water exchange, Kenting seawater is a source of low molecular weight PAHs and a reservoir of high molecular weight PAHs. Estimated annual volatilization fluxes ranged from 7.3?gm(-2)yr(-1) for pyrene to 50?gm(-2)yr(-1) for phenanthrene and the absorption fluxes ranged from -2.6?gm(-2)yr(-1) for chrysene to -3.5?gm(-2)yr(-1) for fluoranthene. PMID:23260251

Cheng, Jing-O; Ko, Fung-Chi; Lee, Chon-Lin; Fang, Meng-Der

2012-12-19

48

Estimating the distribution of volatility of realized stock returns and exchange rate changes  

NASA Astrophysics Data System (ADS)

Realized stock return volatility is modelled with a distribution based on the Laplace distribution. The moment properties of suggested volatility distribution, ?(?|?), are derived. The properties of distribution correspond to the empirical regularities found in the finance literature. ML-estimator for ? is also provided. The advantage of Laplace approach lies in estimating ? from returns distribution f(x|?) directly instead of volatility distribution based on bias sensitive standard deviation estimates. The goodness-to-fit tests with 5 day standard deviations of daily HEX closing price returns in period 3.1.1983-4.3.2003, daily S&P500 closing stock index returns in period 1.3.1950-27.3.2003 and daily USD/Euro exchange rate changes in period 28.12.1978-28.2.2003 support the suggested volatility distribution model.

Linden, Mikael

2005-07-01

49

78 FR 4910 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Order Granting Approval of Proposed...  

Federal Register 2010, 2011, 2012, 2013

...only listed equity security is a preferred stock.\\35...whose only listed security is a preferred stock to comply with NSX Rule 15...appropriate because holders of listed preferred stock have significantly greater...

2013-01-23

50

Interaction between stock markets: an analysis of the common trading hours at the London and New York stock exchange  

Microsoft Academic Search

This paper examines the spill-overs in both returns and volatility between the London and New York stock markets during overlapping trading hours. Using high-frequency data for the FTSE and S&P stock index futures, we estimate the seasonal patterns in volatility using a Flexible Fourier Form specification. The estimated seasonals are used to adjust the returns before conducting the lead-lag analysis.

Martin Martens

1997-01-01

51

Corporate Governance and Performance in Publicly Listed, Family-Controlled Firms: Evidence from Taiwan  

Microsoft Academic Search

Using a multi-industry dataset of 228 firms listed on the Taiwan Stock Exchange (TSE) this paper analyses the effects of ownership structure and board characteristics on performance in large, publicly traded firms that are controlled by founding families. After taking account of possible endogeneity problems, we do not find that family control is associated with performance measured in terms of

Igor Filatotchev; Yung-Chih Lien; Jenifer Piesse

2005-01-01

52

The dynamics of stock exchange based on the formalism of weak continuous quantum measurement  

NASA Astrophysics Data System (ADS)

The problem of measurement in economic models and the possibility of their quantum-mechanical description are considered. It is revealed that the apparent paradox of such a description is associated with a priori requirement of conformity of the model to all the alternatives of free choice of the observer. The measurement of the state of a trader on a stock exchange is formally defined as his responses to the proposals of sale at a fixed price. It is shown that an analogue of Bell's inequalities for this measurement model is violated at the most general assumptions related to the strategy of the trader and requires a quantum-mechanical description of the dynamics of his condition. In the framework of the theory of weak continuous quantum measurements, the equation of stock price dynamics and the quantum-mechanical generalization of the F. Black and M. Scholes model for pricing options are obtained. The fundamental distinctions between the obtained model and the classical one are discussed.

Melnyk, S.; Tuluzov, I.

2010-07-01

53

A GREEN PRICING MODEL IN SWITZERLAND The 'Solarstrom Stock Exchange' from the Electricity Utility of the City of Zurich  

Microsoft Academic Search

The original ewz- model of the 'Solarstrom Stock Exchange' for the promotion of solar electricity has evolved into a very successful project and the numerous positive feedback and inquiries ewz has received from home and abroad are most encouraging. At the beginning of 2000, 1570 kW nominal PV power had been installed. 42 PV plants are under contract, producing a

Daniel Ruoss; Sergio Taiana; Elektrizitätswerk der Stadt Zürich

54

ANALYSIS OF HIGH FREQUENCY DATA ON THE WARSAW STOCK EXCHANGE IN THE CONTEXT OF EFFICIENT MARKET HYPOTHESIS  

Microsoft Academic Search

This paper focuses on one of the heavily tested issue in the contemporary finance, i.e. efficient market hypothesis (EMH). However, we try to find the answers to some fundamental questions basing on the analysis of high frequency (HF) data from the Warsaw Stock Exchange (WSE). We estimate model on daily and 5-minute data for WIG20 index futures trying to verify

Pawel STRAWINSKI; Robert SLEPACZUK

2008-01-01

55

On the validity of the weak-form efficient markets hypothesis applied to the London stock exchange: comment  

Microsoft Academic Search

The empirical work and interpretation of the results of Al-Loughani and Chappell (1997) is commented upon. On the basis of the reported results, and contrary to the authors' conclusion, it is argued that although the random walk hypothesis is rejected, the weak-form market efficiency hypothesis (WFME), for the London stock exchange cannot be rejected. Some further comments on WFME in

Demetrios Moschos

2000-01-01

56

An Empirical Investigation of the Weak-Form of the Efficient Market Hypothesis for the Nigerian Stock Exchange  

Microsoft Academic Search

According to the weak-form of the Efficient Market Hypothesis (EMH), investors should not be able to outperform the market consistently by looking at charts of past share prices or by devising trading rules based on historic share returns. This paper investigates the extent to which the equity prices of firms listed on the Nigerian Stock Exchange (NSE) are consistent with

Bashir Tijjani; David Power; Suzanne Fifield

2009-01-01

57

78 FR 5236 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Exchange's integrated billing system (``IBS...Exchange-related services through the Exchange's IBS. Definition of Clearing Member The Exchange...Exchange-related services through the Exchange's IBS, unless payment by check of [sic]...

2013-01-24

58

The relationships between Shanghai stock market and CNY/USD exchange rate: New evidence based on cross-correlation analysis, structural cointegration and nonlinear causality test  

NASA Astrophysics Data System (ADS)

This paper explores the co-movement of Shanghai stock market and China Yuan (CNY) exchange rates. First, we find that stock price and exchange rate are significantly cross-correlated. Second, employing a cointegration test allowing for a structural break, we find that the Shanghai Composite Index (SCI) is not cointegrated with the exchange rate of CNY/USD. The so-called “cointegration” found in previous studies is just caused by the shock of the recent financial crisis. Third, using linear and nonlinear Granger causality tests, we find no causality between stock prices and exchange rates during the period before the recent financial crisis. After the financial crisis, a unidirectional causality behavior running from exchange rates to stock index is present.

Liu, Li; Wan, Jieqiu

2012-12-01

59

Gas Exchange and Epidermal Characteristics of Miscanthus Populations in Taiwan Varying with Habitats and Nitrogen Application  

Microsoft Academic Search

Seventeen clones of C4 grass Miscanthus spp. collected from different climatic regions and elevations of Taiwan were transplanted in pots. 15–16 months after collection the plants received 0, 1, and 2 g of nitrogen fertiliser (N0, N1, and N2, respectively) per pot. All the measurements were done 10–12 d after N application. The relationships between net photosynthetic rate (PN) and

J.-H. Weng; F.-H. Hsu

2001-01-01

60

Corporate Governance and Quality of Financial Information on the Prediction Power of Financial Distress of Listed Companies in Taiwan  

Microsoft Academic Search

This paper performs an empirical investigation on the relationship among the possibility of financial distress, firm performance, corporation governance, default tests, and macroeconomic environment using the companies listed on the Taiwan Stock Exchange (TSEC) and the financial distress events took place between 1997 and 2005. The sampling is formed according to the industry-matched and size-matched principle. The study built up

Yang-Cheng Lu

61

78 FR 70085 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change To Correct Certain Rule Taxonomy Issues and Postpone Until December 2...Stock Leg Trades) to correct certain taxonomy issues and to adopt an operative date...Stock Leg Trades) to correct certain taxonomy issues and to adopt an operative...

2013-11-22

62

The evolution of the structure and performance of the London Stock Exchange in the first global financial market, 1812-1914  

Microsoft Academic Search

By 1914, the London Stock Exchange listed and traded one-third of the public capital available to investors anywhere in the world. No other exchange could match it in terms of scale and scope of securities on offer, or in terms of the number of stockbrokers available to potential customers. The reason, we argue, is that the microstructure of the London

LARRY NEAL; LANCE DAVIS

2006-01-01

63

75 FR 12326 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Involving Issues Priced Less Than One Dollar March 8, 2010. Pursuant to Section 19...involving issues priced less than one dollar that occur within the Exchange's Matching...involving issues priced less than one dollar that occur within the Exchange's...

2010-03-15

64

78 FR 14867 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...priority market with two modes of order interaction: (1) Auto-Ex, and (2) Order...The Exchange's two modes of order interaction are described in NSX Rule 11.13...Exchange's Order Delivery mode of interaction (``Order Delivery...

2013-03-07

65

77 FR 10013 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the Exchange added Article 21, Rule 6 authorizing the submission by the Exchange of non-CHX...the entry of clearing submissions pursuant to Article 21, Rule 6(a), which...rise to the Clearing Submission Fee, is limited to...

2012-02-21

66

76 FR 41853 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Increase its SRO, DEA and Off-Exchange Trader Fees July 11, 2011. Pursuant to Section...Participants relating to its SRO, Off-Exchange trader and DEA fees. The text of this proposed...amend its existing SRO, Off-Exchange trader and DEA fees. These fee changes are...

2011-07-15

67

78 FR 60945 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Change To Extend a Pilot Program Related to Article 20, Rule 10 Concerning the Handling of...proposes to extend a pilot program related to Article 20, Rule 10, entitled ``Handling of...individual stock trading pauses contained in Article 20, Rule 10(c)(4). The...

2013-10-02

68

Efficiency of the Turkish Stock Exchange with respect to monetary variables: A cointegration analysis  

Microsoft Academic Search

In this study, we test the semistrong form of the efficient market hypothesis in Turkey by using the recently developed techniques in time series econometrics, namely unit roots and cointegration. The long run relationship between stock prices and inflation is investigated by assuming the possible existence of a proxy effect. Conclusions are made as to the efficiency of the Turkish

Yaz Gulnur Muradoglu; Kivilcim Metin

1996-01-01

69

78 FR 4936 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing of Amendment No. 3...  

Federal Register 2010, 2011, 2012, 2013

...compensation committee; (v) any stock of the issuer owned by the compensation...67\\ issuers listing only preferred or debt securities; \\68\\ and...issuers whose only listed equity stock is a preferred stock or debt security are...

2013-01-23

70

High-order fuzzy time-series based on multi-period adaptation model for forecasting stock markets  

NASA Astrophysics Data System (ADS)

Stock investors usually make their short-term investment decisions according to recent stock information such as the late market news, technical analysis reports, and price fluctuations. To reflect these short-term factors which impact stock price, this paper proposes a comprehensive fuzzy time-series, which factors linear relationships between recent periods of stock prices and fuzzy logical relationships (nonlinear relationships) mined from time-series into forecasting processes. In empirical analysis, the TAIEX (Taiwan Stock Exchange Capitalization Weighted Stock Index) and HSI (Heng Seng Index) are employed as experimental datasets, and four recent fuzzy time-series models, Chen’s (1996), Yu’s (2005), Cheng’s (2006) and Chen’s (2007), are used as comparison models. Besides, to compare with conventional statistic method, the method of least squares is utilized to estimate the auto-regressive models of the testing periods within the databases. From analysis results, the performance comparisons indicate that the multi-period adaptation model, proposed in this paper, can effectively improve the forecasting performance of conventional fuzzy time-series models which only factor fuzzy logical relationships in forecasting processes. From the empirical study, the traditional statistic method and the proposed model both reveal that stock price patterns in the Taiwan stock and Hong Kong stock markets are short-term.

Chen, Tai-Liang; Cheng, Ching-Hsue; Teoh, Hia-Jong

2008-02-01

71

Seasonality of diffusive exchange of polychlorinated biphenyls and hexachlorobenzene across the air-sea interface of Kaohsiung Harbor, Taiwan.  

PubMed

Gaseous and dissolved concentrations of polychlorinated biphenyls (PCBs) and hexachlorobenzene (HCB) were measured in the ambient air and water of Kaohsiung Harbor lagoon, Taiwan, from December 2003 to January 2005. During the rainy season (April to September), gaseous PCB and HCB concentrations were low due to both scavenging by precipitation and dilution by prevailing southwesterly winds blown from the atmosphere of the South China Sea. In contrast, trace precipitation and prevailing northeasterly winds during the dry season (October to March) resulted in higher gaseous PCB and HCB concentrations. Instantaneous air-water exchange fluxes of PCB homologues and HCB were calculated from 22 pairs of air and water samples from Kaohsiung Harbor lagoon. All net fluxes of PCB homologues and HCB in this study are from water to air (net volatilization). The highest net volatile flux observed was +172 ng m(-)(2) day(-1) (dichlorobiphenyls) in December, 2003 due to the high wind speed and high dissolved concentration. The PCB homologues and HCB fluxes were significantly governed by dissolved concentrations in Kaohsiung Harbor lagoon. For low molecular weight PCBs (LMW PCBs), their fluxes were also significantly correlated with wind speed. The net PCB and HCB fluxes suggest that the annual sums of 69 PCBs and HCB measured in this study were mainly volatile (57.4 x 10(3) and 28.3 x 10(3) ng m(-2) yr(-1), respectively) and estimated yearly, 1.5 kg and 0.76 kg of PCBs and HCB were emitted from the harbor lagoon surface waters to the ambient atmosphere. The average tPCB flux in this study was about one-tenth of tPCB fluxes seen in New York Harbor and in the Delaware River, which are reported to be greatly impacted by PCBs. PMID:18977513

Fang, Meng-Der; Ko, Fung-Chi; Baker, Joel E; Lee, Chon-Lin

2008-12-15

72

The relationship between stock returns and the foreign exchange rate: the ARDL approach  

Microsoft Academic Search

This study employs the ARDL cointegration approach in order to examine the impact of financial liberalization on the relationships between the exchange rate and share market performance in China. We discovered that cointegration has existed between the Shanghai A Share Index and the exchange rate of the renminbi against the US dollar and Hong Kong dollar since 2005, when the

Gary Gang Tian; Shiguang Ma

2010-01-01

73

78 FR 9981 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...which provides for, among other things, trading pauses in individual...the Exchange to, among other things, pause trading in an individual...on the Exchange if the price moves by a specified percentage as...A proposal to, among other things, expand the pilot to...

2013-02-12

74

77 FR 49848 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of Proposed Rule Change To Modify the Text of NSX Rule 11.15 To Clarify the Manner...Exchange'') is proposing to modify the text of NSX Rule 11.15 to clarify the manner...Exchange to other market centers. The text of the proposed rule change is...

2012-08-17

75

26 CFR 1.1081-7 - Sale of stock or securities received upon exchange by members of system group.  

Code of Federal Regulations, 2013 CFR

...case of stock, to a sale of stock which is preferred as to both dividends and assets...1,000 shares of class A stock, preferred as to both dividends and assets...Corporation or if it had been stock not preferred as to both dividends and...

2013-04-01

76

The technical analysis of the stock exchange and physics: Japanese candlesticks for solar activity  

NASA Astrophysics Data System (ADS)

In this article, we use the Japanese candlesticks, a method popular in the technical analysis of the Stock/Forex markets and apply it to a variable in physics-the solar activity. This method is invented and used exclusively for economic analysis and its application to a physical problem produced unexpected results. We found that the Japanese candlesticks are convenient tool in the analysis of the variables in the physics of the Sun. Based on our observations, we differentiated a new cycle in the solar activity.

Dineva, C.; Atanasov, V.

2013-09-01

77

78 FR 62728 - Self Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...supervision and Continuing Education (``CE'') of CHX Participant Firms and their...appropriate examinations and participate in CE requirements. In this regard, the Exchange...registration, examination, training and CE requirements implicit in Series 24 and...

2013-10-22

78

77 FR 74536 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...quotations through the Exchange's Depth-of Book market data product. Order Delivery Mode is a unique market structure that costs more to operate...fee which covers the proportionate cost of a unique technology that offers Order Delivery...

2012-12-14

79

78 FR 4180 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the proposed port fee changes are appropriate to attract...Exchange believes the rule change will promote disaster preparedness among CHX...the event of potential disaster situations. C. Self-Regulatory...on the Proposed Rule Change Received From...

2013-01-18

80

78 FR 28671 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...making the CHX rules easier to understand...that the proposed rule change will impose...terms under one rule and to clarify...making the CHX rules easier to understand. Since the Exchange...on the Proposed Rule Change...

2013-05-15

81

75 FR 37861 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...on, among other things, a participating ETP Holder's payment of an initial purchase...Holdings''), will be issued to each ETP Holder who participates in the program in exchange for such ETP Holder participant's initial cash...

2010-06-30

82

Comparing Tehran STOCK Exchange as AN Emerging Market with a Mature Market by Random Matrix Approach  

NASA Astrophysics Data System (ADS)

We analyze cross-correlation between return fluctuations of stocks of an emerging market by using random matrix theory (RMT). We test the statistics of eigenvalues of cross-correlation (C) between stocks of the Tehran Price Index (TEPIX) as an emerging market and compare these with a mature market (US market). According to the "null hypothesis," a random correlation matrix constructed from mutually uncorrelated time series, the deviation from the Gaussian orthogonal ensemble of RTM is a good criterion. We find that a majority of the eigenvalues of C fall within the bulk (RMT bounds between ?+ and ?-) for the eigenvalues of the random correlation matrices. Further, we find that the distribution of eigenvector components for the eigenvectors corresponding to the largest deviating eigenvalues, display systematic deviations from the RMT prediction. Analyzing the components of the deviating eigenvectors by Inverse Participation Ratio, leads us to know that the largest eigenvalue corresponds to an influence common to the whole market. Our analysis of the other deviating eigenvectors shows distinct industries, whose identities corresponds to the structure of the Iran business environment.

Namaki, A.; Raei, R.; Jafari, G. R.

83

PREDICTION OF FINANCIAL DISTRESS BY MULTIVARIATE STATISTICAL ANALYSIS: THE CASE OF FIRMS TAKEN INTO THE SURVEILLANCE MARKET IN THE ISTANBUL STOCK EXCHANGE  

Microsoft Academic Search

The purpose of this paper is to investigate whether or not firms that are taken into the surveillance market in Istanbul Stock Exchange are experiencing financial distress. The surveillance firms present irregular behaviors and have difficulty complying with current regulation. It can be expected that the basic reason behind these irregular behaviors is financial distress. Results of the study support

SERPIL CANBA?; YILDIRIM B. ÖNAL; HATICE G. DÜZAKIN; SÜLEYMAN B. KILIÇ

2006-01-01

84

An Analysis of Transactions Data for the Stock Exchange of Singapore: Patterns, Absolute Price Change, Trade Size and Number of Transactions  

Microsoft Academic Search

The availability of the transactions data of the Stock Exchange of Singapore allows us to examine intraday patterns and the relation among absolute price change, trade size and number of transactions. The presence of a trading halt in the mid-day results in two crude U-shaped return patterns but, contrary to Brock and Kleidon's (1992) model, it does not cause volume

David K. Ding; Sie Ting Lau

2001-01-01

85

An Analysis of Transaction Data for the Stock Exchange of Singapore: Patterns, Absolute Price Change, Trade Size and Number of Transaction  

Microsoft Academic Search

The availability of the transactions data of the Stock Exchange of Singapore allows us to examine intraday patterns and the relation among absolute price change, trade size and number of transactions. The presence of a trading halt in the mid-day results in two crude U-shaped return patterns but, contrary to Brock and Kleidon's (1992) model, it does not cause volume

David K. DING; S. T. Lau

1998-01-01

86

ONLINE COMMUNITIES FOR CUSTOMER RELATIONSHIP MANAGEMENT ON FINANCIAL STOCK MARKETS - A CASE STUDY FROM A PROJECT AT THE BERLIN STOCK EXCHANGE  

Microsoft Academic Search

Retail trading on financial exchanges is always intermediated by banks. Thus, a direct link between exchange and retail investors does not exist. However, financial exchanges offer services to retail investors. Thus, from a marketing perspective, retail investors are their direct customers. Caused by the bank-intermediated transaction chain on financial retail exchanges a direct customer relationship management (CRM) among exchanges and

Christoph Lattemann; Stefan Stieglitz

87

78 FR 13919 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of Proposed Rule Change Amending CHX Article 8, Rule 13, Which, Among Other Things...Rule Change CHX proposes to amend CHX Article 8, Rule 13, which, among other things...Purpose The Exchange proposes to amend Article 8, Rule 13 (Advertising,...

2013-03-01

88

78 FR 8673 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Operative Date of a Rule Change to CHX Article 20, Rule 2, Which Provides, Among Other...operative date of a rule change to CHX Article 20, Rule 2, which provides, among other...Purpose The Exchange proposes to amend Article 20, Rule 2, which provides, among...

2013-02-06

89

78 FR 72731 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...resting opposite side order to match against Bid A, the Matching...Exchanges, such as the ``Match Trade Prevention Modifiers...functionality and the BATS-Y ``Match Trade Prevention Modifiers...are invited to submit written data, views, and arguments...

2013-12-03

90

75 FR 6423 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...in the Auto Execution Mode of Order Interaction to 0.25% of Trade Value February...in the Auto Execution mode of order interaction (``AutoEx'') \\3\\ to 0.25...The Exchange's two modes of order interaction are described in NSX Rule...

2010-02-09

91

77 FR 71022 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Change To Clarify the Operation of the Exchange's Depth-of-Book Feed November 21, 2012. Pursuant to Section 19(b)(1...clarify the manner in which it distributes the NSX depth-of-book feed (``DOB feed'') to authorized recipients. The...

2012-11-28

92

77 FR 27505 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...routed limit orders. The text of the proposed rule change is available on the Exchange's...received on the proposed rule change. The text of these statements may...brief description and the text of the proposed rule change, at least five...

2012-05-10

93

76 FR 81000 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...reflected in Section III.C of the Fee Schedule under the header ``Depth of Book Feed'' and in corresponding Explanatory Endnote 13. 2. Statutory Basis The Exchange believes that the proposed rule change is consistent with the provisions of Section...

2011-12-27

94

78 FR 21485 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...that promotes compliance with the Limit Up-Limit Down and Trading Pause requirements specified...iii), unless the terms of the order direct otherwise, any order not executed in...that promotes compliance with the Limit Up-Limit Down and Trading Pause requirements specified...Rule Change and Timing for Commission Action The Exchange has filed the......

2013-04-10

95

78 FR 19034 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...to provide Equity Trading Permit (``ETP'') \\3\\ Holders the choice between two...Exchange Rule 1.5 defines the term ``ETP'' as an Equity Trading Permit issued by...proposes to amend its Fee Schedule to provide ETP Holders the choice between two pricing...

2013-03-28

96

77 FR 28909 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...data rebate sharing program with Exchange ETP Holders. Each of the changes is further...0.0026 rebate per share applied to an ETP Holder's displayed liquidity adding order...tier is achieved, apply depending on an ETP Holder's ``Average Daily...

2012-05-16

97

78 FR 15065 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...to charge Equity Trading Permit (``ETP'') Holders \\3\\ $0.0020 per share...Exchange Rule 1.5 defines the term ``ETP'' as an Equity Trading Permit issued by...Section I of its Fee Schedule to charge ETP Holders $0.0020 per share when...

2013-03-08

98

76 FR 31659 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...time the order reaches the Exchange extranet, through the Exchange matching engine, and back out of the Exchange extranet. The RaceTeam product offering does...measure latency outside of the Exchange extranet. The unique identifier serves...

2011-06-01

99

78 FR 57431 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...CHX BBO at the time of the erroneous trade, an adjustment of the price of the erroneous trade from $100.01 to the...necessary and appropriate (i.e., Adjusted Stock Price for price adjustments and Adjusted Stock Quantity for quantity...

2013-09-18

100

Investigation of Market Efficiency: An Event Study of Insider Trading in the Stock Exchange of Hong Kong  

Microsoft Academic Search

Since Great Britain's return of Hong Kong's sovereignty to the Chinese government in 1997, attention has been increasingly directed at the degree of market efficiency in the post-handover Hong Kong stock market. This study uses a sample of 542 corporate news announcements from January 1994 through December 2000 of Hong Kong and China-affiliated firms that are listed on the Stock

Elizabeth Wong

2002-01-01

101

75 FR 80088 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the Affiliation of BIDS With the New York Block Exchange LLC December 14, 2010. Pursuant...BIDS's affiliation with the New York Block Exchange LLC, an affiliate of the Exchange...the Exchange with respect to the New York Block Exchange (``NYBX''), a new...

2010-12-21

102

76 FR 67507 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Their Customers at the Exchange's Data Center October 26, 2011. Pursuant to...their customers at the Exchange's data center. The text of the proposed rule...Purpose The Exchange operates a data center in Mahwah, New Jersey from...

2011-11-01

103

76 FR 79232 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Their Customers at the Exchange's Data Center December 15, 2011. I. Introduction...Change The Exchange operates a data center in Mahwah, New Jersey from which...co-located in the Exchange's data...

2011-12-21

104

The evolution of commercial banking and financial markets in Taiwan  

Microsoft Academic Search

Over the past five decades, Taiwan has achieved rapid economic development. Correspondingly, Taiwan’s financial system has been gradually transformed from a controlled system into a liberalized one, from a state banking system into a private banking one, and from an inward investment system into an outward investment one. In the financial market, the interest rate and foreign exchange rate have

Tzong-shian Yu

1999-01-01

105

77 FR 68188 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...automatic execution accounted for 82% of NYSE volume and Floor broker executions declined to 11% of overall Exchange volume.\\14\\ Currently, the Exchange has approximately a 21% market share in its listed securities, and of that volume,...

2012-11-15

106

78 FR 30378 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...to the bylaws of its wholly-owned subsidiary NYSE Regulation...NASDAQ] or its affiliates, or FINRA'') and...of the Exchange's wholly owned subsidiary, NYSE Market...NYSE MKT LLC), an affiliate of the Exchange,...

2013-05-22

107

78 FR 40252 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...amend the bylaws of its wholly-owned subsidiary NYSE Regulation...NYSE MKT LLC), an affiliate of the Exchange, that...of the Exchange's wholly owned subsidiary, NYSE Market...NASDAQ] or its affiliates, or FINRA'')...

2013-07-03

108

75 FR 60152 - Self-Regulatory Organizations; The Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Involving Issues Priced Less Than One Dollar September 23, 2010. Pursuant to Section...involving issues priced less than one dollar that occur within the Exchange's Matching...involving issues priced less than one dollar that occur within the Exchange's...

2010-09-29

109

75 FR 28090 - Self-Regulatory Organizations; The Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Involving Issues Priced Less Than One Dollar May 12, 2010. Pursuant to Section 19...involving issues priced less than one dollar that occur within the Exchange's Matching...involving issues priced less than one dollar that occur within the Exchange's...

2010-05-19

110

75 FR 6781 - Self-Regulatory Organizations; The Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Involving Issues Priced Less Than One Dollar February 4, 2010. Pursuant to Section...involving issues priced less than one dollar that occur within the Exchange's Matching...involving issues priced less than one dollar that occur within the Exchange's...

2010-02-10

111

75 FR 6766 - Self-Regulatory Organizations; The Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Involving Issues Priced Less Than One Dollar February 4, 2010. Pursuant to Section...involving issues priced less than one dollar that occur within the Exchange's Matching...involving issues priced less than one dollar that occur within the Exchange's...

2010-02-10

112

76 FR 69788 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Rule Change...  

Federal Register 2010, 2011, 2012, 2013

...Supplemental Liquidity Provider (``SLP''); (2) demonstrate an ability to meet the requirements of an RLP; (3) have mnemonics or the ability to accommodate other Exchange- supplied designations that identify to the Exchange RLP trading...

2011-11-09

113

78 FR 19340 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the Exchange's rules easier to understand and navigate...on the Proposed Rule Change Received...unnecessary and obsolete rule text and therefore...the Exchange's rules easier to understand and navigate...designates the proposed rule change as...

2013-03-29

114

78 FR 63529 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the Act. The proposed rule change is not intended...throughout the Exchange's rules, thereby reducing confusion...making the Exchange's rules easier to understand and navigate. C. Self-Regulatory...Comments on the Proposed Rule Change Received...

2013-10-24

115

77 FR 47891 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Approval Requirements Pursuant to Section 312.05 of the Exchange's Listed Company Manual...approval requirements pursuant to Section 312.05 of the Exchange's Listed Company Manual...approval requirements pursuant to Section 312.05 of the Manual. The Exchange also...

2012-08-10

116

78 FR 51788 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of and Order Granting...  

Federal Register 2010, 2011, 2012, 2013

...that will be Posted on the Exchange's Web site; and (ii) Adopt As New Rules Certain...that will be posted on the Exchange's Web site; and (ii) adopt as new rules certain...that will be posted on the Exchange's Web site; and (ii) adopt as new rules...

2013-08-21

117

78 FR 29165 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...That Will Be Posted on the Exchange's Web Site; and (ii) Adopt as New Rules Certain...that will be posted on the Exchange's Web site; and (ii) adopt as new rules certain...change is available on the Exchange's Web site at www.nyse.com, at the...

2013-05-17

118

Stock price effects analysis between US and Taiwanese online stock trading  

Microsoft Academic Search

This paper examines online stock price effects of cross-listings American Depositary Receipts (ADRs) in Taiwanese companies. Specifically, decision tree and rule base systems were used to analyse the stock price variances of ADRs in the USA and those in Taiwan market to see if the ADR listed in the US market reflects the real-time information that became available while the

Chiu-Che Tseng; June Wei; Ching-Tsai Kang

2008-01-01

119

Influence of soil C stocks and interannual climatic variability on the CO2 and CH4 exchange of maize cultivated on mineral and organic soils in NE Germany  

NASA Astrophysics Data System (ADS)

Due to its glacially influenced genesis and land use history, the soils of the Great Plain Region of NE-Germany show large differences in groundwater levels and soil carbon (C) stocks over short distances. Although generally featuring a rather dry climate, trace gas exchange at individual sites may be influenced by i) interannual climatic variability, particularly with respect to precipitation; as well as by ii) variability of soil C stocks. However, it is still unclear how these factors affect fluxes of CO2 and CH4, and if there is any positive or negative feedback on the C source or sink function of different soil types. We present measured and modeled CO2 and CH4 fluxes of minerally fertilized grain maize for three sites located near Paulinenaue, within the so-called Rhin-Havelluch, a shallow and drained paludification mire complex in NE Germany. The sites are characterized by a distinct gradient of 0-1 m soil organic C stocks: i) Arenosol (AR: mineral soil/distant groundwater; 8 000 g C m-2), ii) Gleysol (GL: organic soil/groundwater-dependent; 35 000 g C m-2), and iii) Histosol (HS: organic soil/near groundwater; 45 000 g C m-2). CO2 flux measurements of ecosystem respiration (Reco), net ecosystem exchange (NEE) and gross primary production (GPP; calculated as difference between NEE and Reco) were conducted every four weeks using a flow-through non-steady-state closed chamber system. Measurement gaps of Reco and NEE were filled by using temperature or radiation-based models, respectively. CH4 fluxes were measured bi-weekly using a static closed chamber system with interval sampling, with gap filling via linear interpolation. Cumulated fluxes of CO2-C (Reco, GPP, NEE) and CH4-C were calculated for a period of four consecutive years (2007-2010). The intensity of CO2-C fluxes increased with growing soil organic C stocks (AR < GL < HS). Mean annual values of the years 2008-2010 for Reco ranged between 1 500 g C m-2 and 2 000 g C m-2; annual GPP fluxes ranged from -1 400 g C m-2 to -2 300 g C m-2. NEE balances varied from C source on the mineral AR site (65 g C m-2) to C sink for organic sites (nearly -350 g C m-2). Annual CH4 exchange rates were generally very low < 0.3 g C m-2 and negligible compared to annual CO2 exchange. However, the exceptionally wet summer of 2007 (May to July) resulted in drastically increased CH4 emissions from the groundwater-influenced organic soils, particularly at the HS site where CH4 emissions were nearly 100 times higher emissions than in the following years (28 g C m-2). The excess moisture levels in 2007 also appeared to influence ecosystem CO2 exchange - likely through effects on maize growth - resulting in strongly increased Reco and GPP rates at the mineral AR site and drastically decreased Reco and GPP rates at the flooded HS site. The intensity of gaseous C fluxes seems to strongly depend on interactions between soil C stocks and interannual climatic variability. More detailed conclusions about the nature of these interactions require continuation of these measurements, i.e. long-term investigation.

Pohl, Madlen; Hagemann, Ulrike; Hoffmann, Mathias; Giebels, Michael; Albiac-Borraz, Elisa; Sommer, Michael; Augustin, Jürgen

2014-05-01

120

76 FR 24078 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of Proposed Rule Change To Amend Rule 72(d) Regarding Agency Cross Transactions...Change The Exchange proposes to amend Rule 72(d) with respect to agency cross transactions...Purpose The Exchange proposes to amend Rule 72(d) with respect to agency cross...

2011-04-29

121

75 FR 36743 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...c)(4) of Rule 10, entitled ``Numerical Guidelines Applicable to Volatile Market...ability of the Exchange to deviate from the Numerical Guidelines contained in paragraph (c...flexibility to the Exchange to use different Numerical Guidelines or Reference Prices in...

2010-06-28

122

75 FR 36746 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...4) of Rule 11.19, entitled ``Numerical Guidelines Applicable to Volatile Market...ability of the Exchange to deviate from the Numerical Guidelines contained in paragraph (c...flexibility to the Exchange to use different Numerical Guidelines or Reference Prices in...

2010-06-28

123

75 FR 36759 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...c)(4) of Rule 128, entitled ``Numerical Guidelines Applicable to Volatile Market...ability of the Exchange to deviate from the Numerical Guidelines contained in paragraph (c...flexibility to the Exchange to use different Numerical Guidelines or Reference Prices in...

2010-06-28

124

75 FR 4605 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Application of, the Exchange's Gap Quote Policy January 22, 2010...application of, the Exchange's Gap Quote Policy (the ``Policy...their implementation within 10 business days of the date of the Commission's...rule change, at least five business days prior to the date of...

2010-01-28

125

77 FR 42788 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Amending Exchange Rule 134 To Shorten the Time Frame for Assigning the Contra Party to Unresolved...amend Exchange Rule 134 to shorten the time frame for assigning the contra party to unresolved...Omissions-Cleared Transactions) to shorten the time frame for assigning a designated market...

2012-07-20

126

77 FR 71658 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...of Proposed Rule Change Moving the Rule Text That Provides for Pegging on the Exchange...Rule 70 to NYSE Rule 13 and Amending Such Text to (i) Permit Designated Market Maker...The Exchange proposes to move the rule text that provides for pegging on the...

2012-12-03

127

75 FR 39065 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Accordingly, if an S&P 500 or Russell 1000 security experiences a trading pause, any resulting...the proposal to add the Russell 1000 securities, the Exchange selected the proposed...Exchange recognizes has raised some debate. In particular, concerns have been...investors are protected should the component securities experience such volatility that...

2010-07-07

128

78 FR 37265 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...7 a.m. and on Days That the Exchange Is Closed Via The Exchange's 11 Wall Street...and Rule 19b-4 thereunder,\\3\\ notice is hereby given that June 3, 2013, New York...self-regulatory organization. The Commission is publishing this notice to solicit...

2013-06-20

129

Comparable Stocks, Boundedly Rational Stock Markets and IPO Entry Rates  

PubMed Central

In this study, we examine how initial public offerings (IPO) entry rates are affected when stock markets are boundedly rational and IPO firms infer information from their counterparts in the market. We hypothesize a curvilinear relationship between the number of comparable stocks and initial public offerings (IPO) entry rates into the NASDAQ Stock Exchange. Furthermore, we argue that trading volume and changes in stock returns partially mediates the relationship between the number of comparable stocks and IPO entry rates. The statistical evidence provides strong support for the hypotheses.

Chok, Jay; Qian, Jifeng

2013-01-01

130

Insider Trading Restrictions and the Stock Market.  

National Technical Information Service (NTIS)

The paper examines the effect of introducing insider trading restrictions on daily stock price and trading volume behavior of the Amsterdam Stock Exchange. From 1987 on, insiders are no longer allowed to trade two months before annual earnings announcemen...

R. Kabir T. Vermaelen

1991-01-01

131

75 FR 80870 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing and Order Granting...  

Federal Register 2010, 2011, 2012, 2013

...Eliminate the Validated Cross Trade Entry Functionality December 16, 2010. Pursuant to Section...eliminate the Validated Cross Trade Entry Functionality for Exchange-registered Institutional...Institutional Brokers, includes a functionality known as ``Validated...

2010-12-23

132

76 FR 61457 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...of the quarter. Each percentage calculation is rounded to the nearest fifty points to create the Levels' trigger points. The Exchange disseminates the new trigger levels quarterly to the media and via an Information Memo and is available...

2011-10-04

133

78 FR 8662 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...of the quarter. Each percentage calculation is rounded to the nearest fifty points to create the Levels' trigger points. The Exchange disseminates the new trigger levels quarterly to the media and via an Information Memo and [sic] is...

2013-02-06

134

78 FR 7840 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...will continue to operate as to individual securities until such security is subject to the Regulation NMS Plan to Address Extraordinary Market Volatility...3\\ See Securities Exchange Act Release No. 67556...

2013-02-04

135

75 FR 77024 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...member organization would be required to: (1) Demonstrate an ability to meet the quoting requirements of a BLP; (2) have mnemonics that identify to the Exchange BLP trading activity in assigned BLP bonds; (3) have adequate trading infrastructure...

2010-12-10

136

76 FR 4959 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...member organization would be required to: (1) Demonstrate an ability to meet the quoting requirements of a BLP; (2) have mnemonics that identify to the Exchange BLP trading activity in assigned BLP bonds; and (3) have adequate trading...

2011-01-27

137

78 FR 36281 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...received by non-SLP activity of a member organization, because it could disincentivize member organizations from participating as SLPs...and the Exchange is not aware of any problems that member organizations, including SLPs,...

2013-06-17

138

78 FR 335 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...brokers compared with off-Floor member firms and DMMs, including limited...otherwise intended to address any other problem, and the Exchange is not aware of any significant problem that the affected member organizations would have in...

2013-01-03

139

78 FR 16551 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...time to time, impose such charge or charges on members and member organizations as it deems appropriate to reimburse...other issues, and the Exchange is not aware of any problems that member organizations would have in complying with the...

2013-03-15

140

77 FR 67431 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...sources of liquidity by providing member organizations without a DMM, SLP...otherwise intended to address any other problem, and the Exchange is not aware of any significant problem that the affected member organizations would have in...

2012-11-09

141

78 FR 23620 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...brokers compared with off-Floor member firms and DMMs, including limited...otherwise intended to address any other problem, and the Exchange is not aware of any significant problem that the affected member organizations would have in...

2013-04-19

142

78 FR 42811 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...NYSE member organizations are also NYSE MKT member organizations and, accordingly, a member organization utilizes its ports for activity...issues, and the Exchange is not aware of any problems that member organizations would have in complying...

2013-07-17

143

78 FR 48522 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...received on the proposed rule change. The text of those statements may be...A). The proposed rule change would also delete text stating that the Exchange...Under the proposed rule change, this text would be deleted and...

2013-08-08

144

78 FR 5213 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...and to make certain conforming and technical changes. The text of the proposed rule change is available on the Exchange's Web site...comments it received on the proposed rule change. The text of those statements may be examined at...

2013-01-24

145

78 FR 68128 - Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE MKT LLC; NYSE Arca, Inc.; Notice...  

Federal Register 2010, 2011, 2012, 2013

...2) the establishment of an ``Emergency Powers Playbook'' designed...exiting the emergency powers state; and (3) the development and deployment of a communications plan...Exchanges stated their belief that the FIF's...

2013-11-13

146

77 FR 42024 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...the Exchange proposes to move the fee schedule references to CSI and CSII under one heading...during CSII, CSIII and CSIV and putting the text describing CSI and CSII under one heading is reasonable, equitable and...

2012-07-17

147

78 FR 73905 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving Proposed Rule Change...  

Federal Register 2010, 2011, 2012, 2013

...Exchange proposes to include corporate governance tools and advisory services...45,000 annually, and corporate governance tools (the ``Basic Package...generic, easily implemented corporate governance advice and/or...

2013-12-09

148

78 FR 62889 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Exchange proposes to include corporate governance tools and advisory services...Enhanced Package''), corporate governance tools with a commercial value...companies are eager to understand corporate governance best practices and to...

2013-10-22

149

78 FR 39407 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Provisions of NYSE Euronext Organizational and Corporate Governance Documents. Under the Proposed Rule Change, and...to the Exchange's listing standards or to the corporate governance requirements applicable to publicly traded...

2013-07-01

150

78 FR 10226 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Exchange and Contemporaneously Delete the Text of Rule 1600, Which Governs NYBX Functionality...proposes to contemporaneously delete the text of Rule 1600, which governs NYBX functionality. The text of the proposed rule change is...

2013-02-13

151

78 FR 51781 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...25, 2012 and CQ Plan dated August 23, 2010, available at https://cta.nyxdata.com/CTA. \\20\\ See Securities Exchange...It is common for broker-dealers to further exploit this recognized competitive constraint by sending their...

2013-08-21

152

77 FR 3527 - Self-Regulatory Organizations; Chicago Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Institutional Broker Representative (``IBR'') shall be considered those individual...and are registered with the Exchange as an IBR. Subject to compliance with proposed new...activities of individuals designated as an IBR of firms registered as Institutional...

2012-01-24

153

75 FR 2175 - Self-Regulatory Organizations; The Chicago Stock Exchange, Inc.; Notice of Filing of Proposed...  

Federal Register 2010, 2011, 2012, 2013

...data center in order to connect to our trading facilities, since they have the option to connect via an extranet service. Such extranet services connect to the Exchange in the same manner as orders routed through co-located equipment....

2010-01-14

154

The limited role of small stock exchanges in economic development:A case study of Mozambique and Swaziland  

Microsoft Academic Search

The establishment of a successful stock market in a developing economy\\u000d\\u000a\\u0009can provide a major source of development finance, both channelling\\u000d\\u000a\\u0009domestic savings and attracting foreign investment. But small markets\\u000d\\u000a\\u0009generally fail. Two micro-markets, Mozambique and Swaziland, provide\\u000d\\u000a\\u0009an interesting case study to examine the features of new markets\\u000d\\u000a\\u0009in sub-Saharan Africa that differ in a number of ways, including

Bruce Hearn; Jenifer Piesse

2010-01-01

155

75 FR 48397 - Self-Regulatory Organizations; The Chicago Stock Exchange, Inc.; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Single-Sided Orders in Securities Priced Over One Dollar August 4, 2010. Pursuant to Section...single-sided orders in securities priced over one dollar that occur within the Exchange's Matching...single-sided orders in securities priced over one dollar. The fee imposed on Participants...

2010-08-10

156

77 FR 63914 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...34-68039; File No. SR-NSX-2012-15] Self-Regulatory Organizations; National...Amendment No. 1 Thereto Amending NSX Rule 15.5 To Comply With the Requirements of Exchange...1\\ 15 U.S.C. 78s(b)(1). \\2\\ 17...

2012-10-17

157

78 FR 9094 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing of a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Delivery mode) that are resting on the NSX Book \\5\\ in accordance with the process described...5\\ Exchange Rule 1.5 defines ``NSX Book'' as ``the System's electronic fie...entered via Auto-Ex mode resting in the NSX Book. However, that same incoming...

2013-02-07

158

77 FR 40673 - Self-Regulatory Organizations; New York Stock Exchange LLC; NYSE Amex LLC; Order Granting...  

Federal Register 2010, 2011, 2012, 2013

...Moreover, the member organization must have mnemonics or the ability to accommodate other Exchange-supplied...organization would not be allowed to use the mnemonic or designation for non-Retail Liquidity...member organization did not use such mnemonic or...

2012-07-10

159

75 FR 54411 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Exchange also proposes to clarify which mnemonics that a member organization may use for...a member organization to use the same mnemonic for non-SLP trading activity. Background...c)(1) that an SLP use a unique mnemonic for its SLP business, which...

2010-09-07

160

78 FR 48526 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...SLP-Prop and an SLMM of the same member organization) of an ADV during...SLP-Prop and an SLMM of the same member organization) of an ADV during...the Exchange is not aware of any problems that member organizations, including...

2013-08-08

161

78 FR 42813 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Change Amending Section 312.07 of the Listed Company Manual To Remove the 50% Quorum Requirement and Add Certain Clarifying Language July 11, 2013. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (the ``Act'') \\1\\ and...

2013-07-17

162

75 FR 1438 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...the Exchange's Gap Quote Policy (the ``Policy...be made operative ten business days after the date of...implementation of a gap quote following an influx of...orders on the Display Book under the rules of NYSE's...8\\ and/or the Firm Quote rule \\9\\ under...

2010-01-11

163

78 FR 34693 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Implementation of the Limit Up--Limit Down Plan June 4, 2013. Pursuant...implementation of the Limit Up--Limit Down Plan (the ``Plan...p.m. Eastern, under the current rule, between 9:30 and 9...II of the Limit Up- Limit Down Plan is implemented. Because...Change and Timing for Commission Action The Exchange has filed the...efficiently,......

2013-06-10

164

76 FR 62122 - Self-Regulatory Organizations; New York Stock Exchange LLC; Order Approving a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Affiliated Exchanges and To Clarify the Text of NYSE Rule 17(c)(2)(A)(ii...obligations and conditions), and to clarify the text of NYSE Rule 17(c)(2)(A)(ii...76 FR at 53513, n.5 and accompanying text. \\7\\ See...

2011-10-06

165

76 FR 79260 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...of a Proposed Rule Change Adopting the Text of Financial Industry Regulatory Authority...Change The Exchange proposes to adopt the text of Financial Industry Regulatory Authority...transactions, as NYSE Rule 5210. The text of the proposed rule change is...

2011-12-21

166

76 FR 53015 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of Proposed Rule Change Deleting the Text of NYSE Rule 92 and Adopting a New NYSE...Change The Exchange proposes to delete the text of NYSE Rule 92, which limits trading...Authority (``FINRA'') Rule 5320. The text of the proposed rule change is...

2011-08-24

167

76 FR 53513 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Affiliated Exchanges and To Clarify the Text of NYSE Rule 17(c)(2)(A)(ii...obligations and conditions) and to clarify the text of NYSE Rule 17(c)(2)(A)(ii...Regulatory Authority (``FINRA''). The text of the proposed rule change is...

2011-08-26

168

76 FR 39951 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of Proposed Rule Change Deleting the Text of NYSE Rule 409(f) and Adopting the Text of FINRA Rule 2232 and Deleting the Rule Interpretations...Change The Exchange proposes (1) To delete the text of NYSE Rule 409(f) and adopt the text...

2011-07-07

169

77 FR 56902 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Proposed Rule Change To Delete Non-Operable Text Within Its Price List Applicable to Supplemental...Exchange proposes to delete non-operable text within its Price List applicable to Supplemental...Liquidity Providers (``SLPs''). The text of the proposed rule change is...

2012-09-14

170

78 FR 10643 - Self-Regulatory Organizations; New York Stock Exchange LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Immediate Effectiveness of Proposed Rule Change Amending Exchange Rule 80C To Establish Rules To Comply With the Requirements of...help Users of the NYBX Facility to understand how the requirements of Rule 80C and the LULD Plan apply to...

2013-02-14

171

75 FR 39063 - Self-Regulatory Organizations; National Stock Exchange, Inc.; Notice of Filing of a Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Accordingly, if an S&P 500 or Russell 1000 security experiences a trading pause, any resulting...the proposal to add the Russell 1000 securities, the proposed ET Products were selected...Exchange recognizes has raised some debate. In particular, concerns have been...investors are protected should the component securities experience such volatility that...

2010-07-07

172

Monitoring indicators applied to Taiwan stock market  

Microsoft Academic Search

In the era of quantitative easing monetary policy and inflation, how to prevent monetary depreciation? It is necessary to know how to manage wealth to increase wealth. Wealth management as money saver as well as investing tool is a means to increase wealth by increasing sources and reducing consumption. It may be defined as the optimal efficacy and effectiveness of

Chao-Yen Wu; Hsin-Te Chan; Ting-Ying Chen

2011-01-01

173

The Stock Market Game (SMG2000)  

NSDL National Science Digital Library

The Stock Market Game (SMG2000) is an electronic simulation of Wall Street trading, designed to help students and adults understand the stock market, the costs and benefits involved in decision-making, the sources and uses of capital and other related economic concepts. Since its introduction in 1977, the SMG program has become one of the most widely used classroom tools for teaching students about the American free-enterprise system. In connection with an appropriate course, students in grades 4 through 12 form teams to compete against each other. Competition consists of teams investing a hypothetical $100,000 in common stocks listed on the American Stock Exchange (AMEX), the Nasdaq Stock Market (NASDAQ), and the New York Stock Exchange (NYSE). SMG2000 is a new version of The Stock Market Game. Students enter their transactions using the Internet and can access their portfolios the following business day. Links to how the game works, system requirements, rules, and stock market FAQ.

2007-05-07

174

Are Chinese Stock Investors Watching Tokyo? An Analysis of Intraday High-Frequency Data from Two Chinese Stock Markets and the Tokyo Stock  

Microsoft Academic Search

Intraday minute-by-minute data from the Tokyo, Shanghai, and Shenzhen stock exchanges from January 7, 2008, to January 23, 2009, are analyzed to investigate the interaction between the Japanese and Chinese stock markets. We focus on two windows of time during which all three stock exchanges trade shares simultaneously, and specify appropriate lags in vector autoregression (VAR) estimations. Granger causality tests,

Kenjiro Hirayama; Yoshiro Tsutsui

2009-01-01

175

26 CFR 1.7701(l)-3 - Recharacterizing financing arrangements involving fast-pay stock.  

Code of Federal Regulations, 2010 CFR

...shareholder's option. (ii) Analysis. When issued, the B Stock has a dividend rate that...of year 10. (ii) Analysis. The B Stock is structured so that...in exchange for their D Stock. (ii) Analysis. When issued,...

2009-04-01

176

26 CFR 1.7701(l)-3 - Recharacterizing financing arrangements involving fast-pay stock.  

Code of Federal Regulations, 2010 CFR

...shareholder's option. (ii) Analysis. When issued, the B Stock has a dividend rate that...of year 10. (ii) Analysis. The B Stock is structured so that...in exchange for their D Stock. (ii) Analysis. When issued,...

2010-04-01

177

What Does Stock Ownership Breadth Measure?*  

PubMed Central

Using holdings data on a representative sample of all Shanghai Stock Exchange investors, we show that increases in ownership breadth (the fraction of market participants who own a stock) predict low returns: highest change quintile stocks underperform lowest quintile stocks by 23% per year. Small retail investors drive this result. Retail ownership breadth increases appear to be correlated with overpricing. Among institutional investors, however, the opposite holds: Stocks in the top decile of wealth-weighted institutional breadth change outperform the bottom decile by 8% per year, consistent with prior work that interprets breadth as a measure of short-sales constraints.

Choi, James J.; Jin, Li; Yan, Hongjun

2013-01-01

178

The informational impact of electronic trading systems on the FTSE 100 stock index and its futures contracts  

Microsoft Academic Search

This article examines the partial adjustment factors of Financial Times Stock Exchange (FTSE) 100 stock index and stock index futures. Using high frequency data from 15 January 1997 to 17 March 2000, it aims to assess the informational impact of the electronic trading systems implemented at the London Stock Exchange and London International Financial Futures Exchange (LIFFE). The results suggest

Helder M. C. V. Sebastião

2010-01-01

179

26 CFR 1.305-1 - Stock dividends.  

Code of Federal Regulations, 2013 CFR

...not a distribution with respect to its stock. For example, assume that on January...reorganization, corporation X acquires all the stock of corporation Y solely in exchange for its convertible preferred class B stock. Under the terms of the class B...

2013-04-01

180

ICH in Taiwan  

Microsoft Academic Search

Since 1993, the government of Taiwan has allocated approximately $60 million to help the pharmaceutical industry in the area of biotechnology and pharmaceutical science research and development. The government has chosen to promote drug research and development as part of a national policy to target the pharmaceutical manufacturing industry as one of Taiwan's strategic industries. To cope with this development,

K. C. Chen

1998-01-01

181

Taiwan Documents Project  

NSDL National Science Digital Library

Developed and maintained by Y.C. Chi, this site hosts a large collection of full text documents relating to Taiwan's international relations, history, and legal status. These include treaties dating from 1662 to 1978, documents from World War II, Joint Communiques with Japan and the US, Taiwan-related US legislative activity, and UN documents, among others. The site also features two essays by the site author: an executive summary of international agreements affecting Taiwan's status and a discussion on sovereignty. A number of short pieces on non-legal considerations about the status of Taiwan are planned for the near future. While scholars and others involved on either side of the debate on Taiwan's status may not agree with the site author's views, the original full text documents speak for themselves.

Chi, Y. C.

182

Financial performance of telecommunications companies and their stock price movements in the Indonesian stock market  

Microsoft Academic Search

This study examines, critically, the relationship between movements in stock prices of a sample of Indonesian telecommunications companies listed on the Indonesians Stock Exchange and the nature of their relationship, if any, to company financial performance. It analyses 23 financial reports over the period 2005 to 2009, the first five financial years of each of the study companies in the

Diena Aziza; Eno L. Inanga

2011-01-01

183

76 FR 28890 - Treatment of Property Used To Acquire Parent Stock or Securities in Certain Triangular...  

Federal Register 2010, 2011, 2012, 2013

...US1 exchanges all the outstanding stock of FT for the $100x of P stock purchased by FS on the open market. (ii) Analysis. The triangular reorganization is...with FS purchasing the $100x of P stock in exchange for property...

2011-05-19

184

Educational Technology in Taiwan.  

ERIC Educational Resources Information Center

Examines educational technology applications in Taiwan. Highlights include historical background; learning technology integration; computer availability; teacher training; student and teacher attitudes; computer-mediated communication and collaboration; curriculum planning; distance education; and an educational technology model that includes…

Tu, Chih-Hsiung; Twu, Hui-Ling

2002-01-01

185

Doing Business in Taiwan.  

National Technical Information Service (NTIS)

This general guide highlights some of the areas that investors should be aware of when doing business in Taiwan, although professional advice may be required in specific circumstances. Below are a few competitive advantages for investors conducting their ...

2013-01-01

186

76 FR 55998 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of a Proposed Rule Change To Delete Obsolete Language From the CBOE Stock Exchange Fees Schedule September 2, 2011...Proposed Rule Change The Exchange proposes to delete obsolete language from the CBOE Stock Exchange (``CBSX'') Fees...

2011-09-09

187

76 FR 77883 - Self-Regulatory Organizations; NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...business was conducted on the NASDAQ Stock Market for that calendar year. The...conduct business on the NASDAQ Stock Market equities trading platform. See Exchange Rule...exercise advice violations and insider trading.\\6\\ These...

2011-12-14

188

78 FR 23487 - Certain Outbound Property Transfers by Domestic Corporations; Certain Stock Distributions by...  

Federal Register 2010, 2011, 2012, 2013

...Domestic Corporations; Certain Stock Distributions by Domestic Corporations; Correction...certain nonrecognition exchanges, or to distributions of stock of certain foreign corporations...corporation in certain nonrecognition distributions. The final regulations also...

2013-04-19

189

Neurotrauma research in Taiwan.  

PubMed

Because of the rapid industrial and economic growth, Taiwan and other developing countries have faced an enormous increase in the number of motorcycles, which has subsequently caused a rapid increase of the motorcycle-related traumatic brain injuries (TBI). In order to tackle this serious problem, stepwise approaches for TBI were implemented in Taiwan from 1991 to 2007. Step 1 was to do a nationwide TBI registry in order to identify the risk factors and determinants. We found that the major cause of TBI in Taiwan was motorcycle-related injury, and very few motorcyclists wore a helmet. Step 2 was to launch the implementation of the helmet use law on June 1, 1997. A rapid decline of TBI hospitalizations and deaths was demonstrated soon thereafter. Step 3 was to enroll into international collaborations with the Global Spine and Head Injury Prevention Project (Global SHIP Project) groups for TBI. The comparative results thus obtained could be used to develop prevention strategies for developing countries. Step 4 was to implement clinical researches for TBI, which included a Propofol study, hyperbaric oxygen therapy (HBOT), brain parenchymal oxygen (PbtO2) monitoring, etc. Step 5 was to develop guidelines for the management of severe TBI in Taiwan. Through a 2-year period of review, discussion, and integration, a 9-chapter guideline was published in June 2007. In summary, our experience and process for management of TBI in Taiwan can be used as a reference for other developing countries. PMID:18642644

Lin, J W; Lin, C M; Tsai, J T; Hung, K S; Hung, C C; Chiu, W T

2008-01-01

190

Low Incidence of Erythrocyte G-6-P Deficiency in Aborigines of Taiwan.  

National Technical Information Service (NTIS)

The aboriginal people of Taiwan, who are believed to be of Indonesian or Proto-Malayan stock currently occupy mountainous areas in the eastern two-thirds of the island. The combined population of the nine principal tribes is approximately 200,000; a tenth...

R. Q. Blackwell B. N. Blackwell L. Yen H. F. Lee

1969-01-01

191

Predicting and explaining the adoption of online trading: An empirical study in Taiwan  

Microsoft Academic Search

This study investigates how stock investors perceive and adopt online trading in Taiwan. We developed a research model which integrates perceived risk, perceived benefit and trust, together with technology acceptance model (TAM) and theory of planned behavior (TPB) perspectives to predict and explain investors' intention to use online trading. The model is examined through an empirical study involving 338 subjects

Ming-chi Lee

2009-01-01

192

Genotoxicity of Fumes from Heated Cooking Oils Produced in Taiwan  

Microsoft Academic Search

Epidemiologic investigations of lung cancer among Taiwanese nonsmoking women have found that exposure to fumes from cooking oils may be an important risk factor. Fume samples from three different commercial cooking oils (lard, soybean, and peanut oils) often used in Taiwan for preparing Chinese meals were collected for genotoxicity analysis in SOS chromotest and sister chromatid exchange (SCE) assays. The

Pei-Fen Wu; Tai-An Chiang; Ying-Chin Ko; Huei Lee

1999-01-01

193

ANALYSIS BY NEURAL NETWORKS OF THE INFLUENCE OF ANALYSIS BY NEURAL NETWORKS OF THE INFLUENCE OF ANALYSIS BY NEURAL NETWORKS OF THE INFLUENCE OF ANALYSIS BY NEURAL NETWORKS OF THE INFLUENCE OF PRESS NEWS IN THE FORECAST OF COMMON STOCK PRICES PRESS NEWS IN THE FORECAST OF COMMON STOCK PRICES PRESS NEWS IN THE FORECAST OF COMMON STOCK PRICES PRESS NEWS IN THE FORECAST OF COMMON STOCK PRICES  

Microsoft Academic Search

Abstract: Abstract: Abstract: In this work, the influence of press news in the forecast of stock prices is investigated. The research is based on the case study of a common stock belonging to a national company trading its stocks at NYSE and at the local stock exchange market. In the research, two forecasting models based on neural networks are contrasted:

Pedro Palominos; Juan Sepulveda; Miguel Alfaro; Yenny Mendoza

194

Introduced Leishmaniasis on Taiwan.  

National Technical Information Service (NTIS)

Leishmaniasis is not known to be indigenous to Taiwan but a number of imported cases of visceral as well as post-kala-azar dermal leishmaniasis have been seen. Only two autochthonous cases of cutaneous-subcutaneous diseases have been documented in aborigi...

J. H. Cross J. J. Gunning D. J. Drutz J. C. Lien

1985-01-01

195

Snakebites on Taiwan.  

National Technical Information Service (NTIS)

This study was undertaken to make a clinical analysis of the physical conditions of snakebite on Taiwan, and to contribute to the improvement of medical treatment and prophylaxis of the snakebite. Eight hundred ninety-one cases of poisonous snakebite in t...

Y. Sawai C. S. Tseng

1969-01-01

196

Country Profiles, Taiwan.  

ERIC Educational Resources Information Center

A profile of Taiwan is sketched in this paper. Emphasis is placed on the nature, scope, and accomplishments of population activities in the country. Topics and sub-topics include: location and description of the country; population (size, growth patterns, age structure, urban/rural distribution, ethnic and religious composition, migration,…

Keeny, S. M.; And Others

197

Fixed assets revaluations and their association with stock returns  

Microsoft Academic Search

This study examines the association between annual stock returns of firms listed on the Athens Stock Exchange and the tax benefits of mandated fixed assets revaluations that occurred in the years 1982, 1988 and 1992. A significant association is found for the revaluations that occurred in 1992 but not for those that took place in 1988 or 1982 As the

Dimitrios C. Ghicas; Dimosthenis L. Hevas; Aphroditi J. Papadaki

1996-01-01

198

Dependence phenomenon analysis of the stock market  

NASA Astrophysics Data System (ADS)

A random financial stock price model is developed by the interacting contact process, which is one of the statistical-physics systems. The contact process is a continuous-time Markov process, one interpretation of this process is as a model for the spread of an infection, where the epidemic spreading mimics the interplay of local infections and the recovery of individuals. We investigate and analyze the long-term memory, the nonlinear correlations and the multifractal phenomenon of normalized returns of the price model by statistical analysis methods, which include autocorrelation analysis, the Gaussian copula method and the multifractal analysis method. Moreover, we consider the daily returns of the Shanghai Stock Exchange Composite Index and the Shenzhen Stock Exchange Composite Index, and the comparisons of statistical behaviors of returns between the actual data and the simulation data are presented.

Cheng, Wuyang; Wang, Jun

2013-04-01

199

[Early missionary medicine in Taiwan].  

PubMed

Taiwan, as mainland China, first received modern medicine from Christian missionaries. Although Western medicine was introduced by the Dutch in the 17th century, it disappeared after their expulsion by Zheng Chenggong. It was not until 1865 when the British Presbyterian Church sent Dr. James Laidlow Maxwell to Taiwan to engage in medical and missionary work that Western medicine was able to take root in Taiwan. The last three decades of the 19th century were a key period in the development of modern medicine in Taiwan. This paper discusses three major figures in early missionary medicine in Taiwan, Dr. James Laidlow Maxwell, Rev. George Leslie Mackay, and Dr. David Landsborough and their contributions to the development of modern medicine in Taiwan. PMID:11613242

Kao, T; Ha, H

1995-01-01

200

Impact of ETF inception on the valuation and trading of component stocks  

Microsoft Academic Search

While exchange-traded funds (ETFs) are being created at a rapid rate, there is very limited research on how they affect the component stocks that they contain. We find that in response to the inception of ETFs, there are positive and significant valuation effects on the dominant component stocks (defined as the 10 largest stocks in each ETF). The variation in

Jeff Madura; Thanh Ngo

2008-01-01

201

26 CFR 1.1244(d)-3 - Stock dividend, recapitalizations, changes in name, etc.  

Code of Federal Regulations, 2013 CFR

...000, and 100 shares of preferred stock of that corporation with...requirements of section 1244 stock determinable at the time...exchange, but the 100 preferred shares do not meet such...requirements since only common stock may qualify. Of the...

2013-04-01

202

77 FR 5606 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...Release No. 34-66275; File No. SR-NASDAQ-2012-019] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and...hereby given that on January 27, 2012, The NASDAQ Stock Market LLC (``Exchange'')...

2012-02-03

203

Dollar and the stock market: An approach using Haar wavelet  

NASA Astrophysics Data System (ADS)

This paper presents a methodology to detect significant changes in the price of U.S. dollar in regarding to the stock exchange using the Haar wavelet as well as statistical analyzes of several parameters. The data used arise of information provided by the stock market, both for the U.S. dollar and for the stock market. The results show that the applied methodology through Haar wavelet, are able to inform in advance the trend of the stock market through a single variable, the U.S. dollar.

Belardi, Aldo Artur; Aguiar, Renato A.

2012-08-01

204

Space program in Taiwan  

Microsoft Academic Search

The National Space Program Office (NSPO) was established in 1991 to execute the space program in Taiwan. The first fifteen-year space program (1991-2006) consists of setting up infrastructure and carrying out three satellite programs (ROCSAT-1, ROCSAT-2 and ROCSAT-3). For the second fifteen-year program (2004-2018), NSPO will execute five major missions that include remote sensing satellites, broadband communication satellite, micro-satellites, international

L.-C. Lee

2004-01-01

205

Maternity Leave in Taiwan  

PubMed Central

Using the first nationally representative birth cohort study in Taiwan, this paper examines the role that maternity leave policy in Taiwan plays in the timing of mothers returning to work after giving birth, as well as the extent to which this timing is linked to the amount of time mothers spend with their children and their use of breast milk versus formula. We found that the time when mothers returned to work coincided with the duration of guaranteed leave. In particular, mothers with a labor pension plan resumed work significantly earlier than mothers with no pension plan, and mothers with no pension plan returned to work significantly later than those with pension plans. The short leave of absence guaranteed under existing policies translated into mothers spending less time with their children and being more likely to exclusively use formula by 6 months after birth. In contrast, mothers who resumed work later than 6 months after birth were more likely to have not worked before birth or to have quit their jobs during pregnancy. Implications and recommendations for parental leave policy in Taiwan are discussed.

Feng, Joyce Yen; Han, Wen-Jui

2011-01-01

206

Collective behavior of stock price movements in an emerging market  

NASA Astrophysics Data System (ADS)

To investigate the universality of the structure of interactions in different markets, we analyze the cross-correlation matrix C of stock price fluctuations in the National Stock Exchange (NSE) of India. We find that this emerging market exhibits strong correlations in the movement of stock prices compared to developed markets, such as the New York Stock Exchange (NYSE). This is shown to be due to the dominant influence of a common market mode on the stock prices. By comparison, interactions between related stocks, e.g., those belonging to the same business sector, are much weaker. This lack of distinct sector identity in emerging markets is explicitly shown by reconstructing the network of mutually interacting stocks. Spectral analysis of C for NSE reveals that, the few largest eigenvalues deviate from the bulk of the spectrum predicted by random matrix theory, but they are far fewer in number compared to, e.g., NYSE. We show this to be due to the relative weakness of intrasector interactions between stocks, compared to the market mode, by modeling stock price dynamics with a two-factor model. Our results suggest that the emergence of an internal structure comprising multiple groups of strongly coupled components is a signature of market development.

Pan, Raj Kumar; Sinha, Sitabhra

2007-10-01

207

Fractal patterns in Stock Intertrading Times  

NASA Astrophysics Data System (ADS)

We study intertrades times (ITT) of stock trades of a range of companies included in the New York Stock Exchange's Trades and Quotes (TAQ) database. The time between transactions is an indicator of the dynamics of the market, and in the field of econometrics, intertrade durations play a key role in the understanding of the market activity and microstructure. Previous work has mainly focused on the properties of price changes of individual company stocks as well as global financial indices (e.g. SP500, DJ etc.). We hypothesize that there is a relation between the dynamics of price change and the trading activity. To investigate this relation we first study the statistical features of ITT data. The TAQ database covers all transactions on the NSE, AMEX, NASDAQ and the US regional exchanges. We have performed a preliminary analysis of 100 company stocks from a range of industries of the US economy selecting predominantly those companies which have large market capitalisations (MC). We focus on companies with large MC, since the dynamics of the price change and trading activity of stocks of such companies has a considerable impact on the market behaviour.

White, Ainslie; Lee, Youngki; Ivanov, Plamen Ch.

2003-03-01

208

Model for non-Gaussian intraday stock returns  

NASA Astrophysics Data System (ADS)

Stock prices are known to exhibit non-Gaussian dynamics, and there is much interest in understanding the origin of this behavior. Here, we present a model that explains the shape and scaling of the distribution of intraday stock price fluctuations (called intraday returns) and verify the model using a large database for several stocks traded on the London Stock Exchange. We provide evidence that the return distribution for these stocks is non-Gaussian and similar in shape and that the distribution appears stable over intraday time scales. We explain these results by assuming the volatility of returns is constant intraday but varies over longer periods such that its inverse square follows a gamma distribution. This produces returns that are Student distributed for intraday time scales. The predicted results show excellent agreement with the data for all stocks in our study and over all regions of the return distribution.

Gerig, Austin; Vicente, Javier; Fuentes, Miguel A.

2009-12-01

209

Slow strain variations in Taiwan  

NASA Astrophysics Data System (ADS)

Taiwan is located along the boundary between the Philippine Sea plate and the Eurasian plate, one of the most active plate boundaries in the world. The oblique collision between these two plates drives the mountain building and high seismic activity in this area. More than 300 permanent GPS stations are operating, about 1 site per 120 km2. The typical shorting along the plate boundary is about 2~4 mm/yr over 10 km. Over 20 of borehole strainmeters, both Gladwin tensor strainmeters and Sacks-Evertson dilational borehole strainmeter (one and three components), were installed over the island. Slow earthquakes over one or two days of duration were observed several times during 2004 for a network near the plate boundary, and most of them are identified to be triggered by the typhoons. For the largest event on December 3rd, 2004, 3 episodes of slip in this event are identified, and model accordingly, looking for solutions with sources on the fault indicated by the seismicity. All changes are very slow so we use static solutions for deformation due to a buried shear dislocation and generate a time series by successive calculations for a model with slow propagation of the rupture. This very simple model gives a remarkably good fit to the data. Importantly, we can find a reasonable and simple model for a slow earthquake that satisfies the data. Permanent GPS observations over the same area are used to perform the strain time series, and compared with the strainmeter observations. Strainmeter data showed slower strain accumulation than the GPS strain during 2004 while several slow events occurred, and keep similar accumulating rate during 2005-2007. For a strainmeter network (3 stations) near a reservoir in southern-west Taiwan, the orientations of major strain axis of all 3 sites keep stable during 2004 and 2006.5~2007.5, but experienced a rotation of 90 degree during 2005~2006.5. These occurred on all 3 stations, and probably a process of the exchange of major and minor strain axis.

Liu, C.; Hu, J. C.; Chen, C. Y.; Linde, A. T.; Sacks, I. S.

2009-04-01

210

Corporate Governance and Firm Liquidity: Evidence from the Chinese Stock Market  

Microsoft Academic Search

This paper examines the cross-sectional relation between corporate governance and firm liquidity in the Chinese stock market. We construct a measure of overall quality of governance based on publicly available information for each firm listed on the Shanghai Stock Exchange (SHSE) and the Shenzhen Stock Exchange (SZSE) for each year over the 1999-2004 interval. After accounting for other liquidity-related factors,

Ke Tang; Changyun Wang

2011-01-01

211

Space programs in Taiwan  

NASA Astrophysics Data System (ADS)

Taiwan's current and future space programs are briefly introduced in this paper. The National Space Organization (NSPO) in Taiwan has successfully carried out three satellite programs (FORMOSAT-1, 2, &3) since its establishment in 1991. FORMOSAT-1 is a scientific satellite performing three scientific experiments for measuring the density, velocity and temperature of ionospheric plasmas, taking the ocean color image, and conducting Ka-band communication experiments. Equipped with a 2m ground resolution remote sensing instrument, FORMOSAT-2 operates in a sun-synchronous orbit with revisit time equal to one day. This unique feature of the daily revisit capability is significantly useful for post disaster assessment and environmental monitoring. FORMOSAT-2 also carries a scientific payload "Imager of Sprites and Upper Atmospheric Lightning (ISUAL)". ISUAL provides the world's first long-term satellite observations on the lighting phenomenon in the earth's upper atmosphere. FORMOSAT-3 is a constellation of six micro-satellites to collect atmospheric and ionospheric data for weather prediction and for climate, ionosphere, and geodesy research. FORMOSAT-3 has demonstrated the ability to significantly increase the accuracy of weather forecasting by utilizing the GPS Radio Occultation (GPS-RO) technique. Currently, NSPO is pursuing the follow-on space missions of FORMOSAT-5 and FORMOSAT-7. FORMOSAT-5 will be the first to utilize a CMOS detector on a high-resolution earth-observation camera. FORMOSAT-7 is a joint mission of Taiwan/US to deploy a 12-satellite constellation operational system to provide dense and timely GNSS RO data to the global communities for real-time weather forecast as well as space science research.

Lee, Lou-Chuang; Chang, Guey-Shin; Ting, Nan-Hong

2013-10-01

212

What Moves Stock Prices?  

Microsoft Academic Search

This paper estimates the fraction of the variance in aggregate stock returns that can be attributed to various kinds of news. First, we consider macroeconomic news and show that it is difficult to explain more than one third of the return variance from this source. Second, to explore the possibility that the stock market responds to information that is omitted

David M. Cutler; James M. Poterba; Lawrence H. Summers

1989-01-01

213

Heterogeneous information-based artificial stock market  

NASA Astrophysics Data System (ADS)

In this paper, an information-based artificial stock market is considered. The market is populated by heterogeneous agents that are seen as nodes of a sparsely connected graph. Agents trade a risky asset in exchange for cash. Besides the amount of cash and assets owned, each agent is characterized by a sentiment. Moreover, agents share their sentiments by means of interactions that are identified by the graph. Interactions are unidirectional and are supplied with heterogeneous weights. The agent's trading decision is based on sentiment and, consequently, the stock price process depends on the propagation of information among the interacting agents, on budget constraints and on market feedback. A central market maker (clearing house mechanism) determines the price process at the intersection of the demand and supply curves. Both closed- and open-market conditions are considered. The results point out the validity of the proposed model of information exchange among agents and are helpful for understanding the role of information in real markets. Under closed market conditions, the interaction among agents' sentiments yields a price process that reproduces the main stylized facts of real markets, e.g. the fat tails of the returns distributions and the clustering of volatility. Within open-market conditions, i.e. with an external cash inflow that results in asset price inflation, also the unitary root stylized fact is reproduced by the artificial stock market. Finally, the effects of model parameters on the properties of the artificial stock market are also addressed.

Pastore, S.; Ponta, L.; Cincotti, S.

2010-05-01

214

Industry Sector Analysis, Taiwan: Cosmetics.  

National Technical Information Service (NTIS)

The market survey covers the cosmetics market in Taiwan. The analysis contains statistical and narrative information on projected market demand, end-users; receptivity of Taiwanese consumers to U.S. products; the competitive situation, and market access (...

1993-01-01

215

Universal Fluctuations of the S&100 Stock Index Returns  

NASA Astrophysics Data System (ADS)

We analyze the constituents stocks of the well known Standard & Poor's 100 index (S&P100) that are traded in the NYSE and NASDAQ markets. We observe the data collapse of the histogram of the S&P100 index fluctuations to the universal non-parametric Bramwell-Holdsworth-Pinton (BHP) distribution. Since the BHP probability density function appears in several other dissimilar phenomena, our result reveals an universal feature of the stock exchange markets.

Gonçalves, Rui; Pinto, Alberto

2009-09-01

216

Safety Stock and Forecast Error  

Microsoft Academic Search

This paper shows how the need for safety stock increases when the forecast error increases - and conversely -- how the ne ed for safety stock decreases when the forecast error decreases. A way to measure the change in safety stock with forecast error changes is presented. The paper also shows how much safety stock is needed relative to the

Nick T. Thomopoulos

217

Taiwan: An energy sector study  

SciTech Connect

A study on the economy of Taiwan, with special reference to the energy sector, revealed the following: Taiwan's rapid export-driven economic growth in the 1970s and 1980s has earned them the rank of ''Newly Industrialized Countries.'' Coal reserves measure less than 1 billion tons, and annual output has declined to below 2 million tons per year. Marginal amounts of crude are produced. Natural gas resources have been exploited both on- and offshore, through production amounts to little more than 1 billion cubic meters per year. Domestic hydrocarbon production is forecast to decline. Taiwan prssesses an estimated 5300 mW of exploitable hydropower capacity, of which 2564 mW had been installed by 1986. Taiwan has undertaken a massive program of nuclear power construction in response to the rapid rise in oil prices during the 1970s. Energy demand has risen an average of 9.0 percent per year since 1954, while real GNP has grown 8.6 percent per year. Sine 1980, oil has provided a lower share of total energy demand. Oil demand for transport has continued to grow rapidly. Declining production of domestic natural gas has led Taiwan to initiate LNG imports from Indonesia beginning in 1990. Coal has regained some of its earlier importance in Taiwan's energy structure. With declining domestic production, imports now provide nearly 90 percent of total coal demand. Taiwan is basically self-sufficient in refining capacity. Energy demand is expected to grow 5.4 percent per year through the yeat 2000. With declining output of domestic resources, energy dependency on imports will rise from its current 90 percent level. Government policy recognizes this external dependency and has directed it efforts at diversification of suppliers. 18 refs., 11 figs., 40 tabs.

Johnson, T.; Fridley, D.; Kang, Wu

1988-03-01

218

Hybrid machine learning technique for forecasting Dhaka stock market timing decisions.  

PubMed

Forecasting stock market has been a difficult job for applied researchers owing to nature of facts which is very noisy and time varying. However, this hypothesis has been featured by several empirical experiential studies and a number of researchers have efficiently applied machine learning techniques to forecast stock market. This paper studied stock prediction for the use of investors. It is always true that investors typically obtain loss because of uncertain investment purposes and unsighted assets. This paper proposes a rough set model, a neural network model, and a hybrid neural network and rough set model to find optimal buy and sell of a share on Dhaka stock exchange. Investigational findings demonstrate that our proposed hybrid model has higher precision than the single rough set model and the neural network model. We believe this paper findings will help stock investors to decide about optimal buy and/or sell time on Dhaka stock exchange. PMID:24701205

Banik, Shipra; Khodadad Khan, A F M; Anwer, Mohammad

2014-01-01

219

Complex stock trading network among investors  

NASA Astrophysics Data System (ADS)

We provide an empirical investigation aimed at uncovering the statistical properties of intricate stock trading networks based on the order flow data of a highly liquid stock (Shenzhen Development Bank) listed on Shenzhen Stock Exchange during the whole year of 2003. By reconstructing the limit order book, we can extract detailed information of each executed order for each trading day and demonstrate that the trade size distributions for different trading days exhibit power-law tails and that most of the estimated power-law exponents are well within the Lévy stable regime. Based on the records of order matching among investors, we can construct a stock trading network for each trading day, in which the investors are mapped into nodes and each transaction is translated as a direct edge from the seller to the buyer with the trade size as its weight. We find that all the trading networks comprise a giant component and have power-law degree distributions and disassortative architectures. In particular, the degrees are correlated with order sizes by a power-law function. By regarding the size of executed order as its fitness, the fitness model can reproduce the empirical power-law degree distribution.

Jiang, Zhi-Qiang; Zhou, Wei-Xing

2010-11-01

220

The Risk-Return Tradeoff in Emerging Stock Markets: Evidence from China  

Microsoft Academic Search

Abstract:This paper investigates the risk-return tradeoff in Chinese emerging stock markets. The empirical results show that the dynamic risk-return relationship is quite different between Shanghai and Shenzhen stock markets. A positive and statistically significant risk-return relationship is only found for the daily returns in Shenzhen Stock Exchange, but this positive relation becomes insignificant for the lower frequency returns. On the

CHEN MENGGEN

2007-01-01

221

Price and tick size preferences in trading activity changes around stock split executions  

Microsoft Academic Search

We investigate the low prices preferences and the optimal relative tick size hypotheses, as possible explanations of the stock split execution effects in a pure order-driven and multi-tick market. Using intraday data for the Spanish Stock Exchange during 1997-2001, we find that stock splits do not improve liquidity but do change trading composition. Following splits, small trades from retail investors

José Yagüe; J. Carlos Gómez-Sala

2005-01-01

222

Grass Carp Stocking Rate Model (AMUR/STOCK).  

National Technical Information Service (NTIS)

The AMUR/STOCK model is a coupled plant growth and fish feeding and bioenergetics simulation model that evaluates the effectiveness of grass carp stocking rate strategies for controlling nuisance growth of aquatic plants under user-selected site condition...

R. M. Stewart W. A. Boyd

1999-01-01

223

Ophthalmic plastic and orbital surgery in Taiwan.  

PubMed

We describe in this paper the current status of ophthalmic plastic and orbital surgery in Taiwan. Data were collected from the Bureau of National Health Insurance of Taiwan, the Bulletin of the Taiwan Ophthalmic Plastic and Reconstructive Society, and the Statistics Yearbook of Practicing Physicians and Health Care Organizations in Taiwan by the Taiwan Medical Association. We ascertained that 94 ophthalmologists were oculoplastic surgeons and accounted for 5.8% of 1621 ophthalmologists in Taiwan. They had their fellowship training abroad (most ophthalmologists trained in the United States of America) or in Taiwan. All ophthalmologists were well trained and capable of performing major oculoplastic surgeries. The payment rates by our National Health Insurance for oculoplastic and orbital surgeries are relatively low, compared to Medicare payments in the United States. Ophthalmologists should promote the concept that oculoplastic surgeons specialize in periorbital plastic and aesthetic surgeries. However, general ophthalmologists should receive more educational courses on oculoplastic and cosmetic surgery. PMID:24898627

Hsu, Chi-Hsin; Lin, I-Chan; Shen, Yun-Dun; Hsu, Wen-Ming

2014-06-01

224

Black monazite from Taiwan  

USGS Publications Warehouse

Two forms of detrital monazite are known in offshore bars in southwestern Taiwan: a yellow-green to colorless form and an unusual but abundant pelletlike form, generally black but also colored gray or brown. These black pellets, which are about 160 by 200 microns in size, are composed of fine-grained monazite crystals from 2 to 20 microns in size. The pellets are associated with highly variable amounts of discrete grains of detrital quartz, rutile, amphibole, tourmaline, and other minerals. Intergrown with the monazite are quartz, a cerium oxide mineral, chlorite, sulfides, and other minerals. Opaqueness of the pelletlike monazite is due principally to the cryptocrystalline nature of part of the monazite; only a small part of the opaqueness can be attributed to opaque inclusions. The black pelletlike monazite lacks thorium and has a high content of europium. In this respect, as in color, shape, size, and inclusions, the pelletlike monazite differs from the yellow-green detrital monazite. Despite the fact that they occur together in the littoral placers, they appear to have had different origins. The yellow-green monazite originated as an accessory mineral in plutonic rocks and has accumulated at the coast through erosion and transport. The origin of the pelletlike monazite is as yet unknown, but it is here inferred that it originated in unconsolidated coastal plain sediments through migration of cerium from the detrital monazite during weathering, and of the intermediate weight mobile rare earths from clay minerals during diagenesis. Possibly these pelletlike grains are detrital particles formed through erosion and transport from originally larger aggregates cemented by diagenetic monazite.

Matzko, J. J.; Overstreet, W. C.

1977-01-01

225

75 FR 38161 - Self-Regulatory Organizations; Chicago Board Options Exchange, Inc.; Notice of Filing and...  

Federal Register 2010, 2011, 2012, 2013

...Securities and Exchange Commission (``Commission'') has approved a rule filing by CBOE to accommodate the demutualization and restructuring of CBOE from a Delaware non-stock corporation to a Delaware stock corporation wholly owned...

2010-07-01

226

Stock Issues in Aristotle's Rhetoric  

ERIC Educational Resources Information Center

Defines "stock issue" by the manner in which they function in Aristotle's theory, reviews examples of modern theories of stock issues, examines previous investigations of the "Rhetoric," and analyzes Aristotle's approach to this aspect of argumentation. (MH)

Harpine, Bill

1977-01-01

227

Dynamic Effects of Currency Depreciation on Stock Market Returns during the Asian Financial Crisis  

Microsoft Academic Search

The current international integration of financial markets provides a channel for currency depreciation to affect stock prices. Moreover, the recent financial crisis in Asia with its accompanying exchange rate volatility affords a case study to examine that channel. This paper applies a bivariate GARCH-M model of the reduced form of stock market returns to investigate empirically the effects of daily

WenShwo Fang; Stephen M. Miller

2002-01-01

228

Stock Market Development and Financing Choices Of firms: Case Study of A SIDS  

Microsoft Academic Search

This paper attempts to empirically investigate the link between stock market development and firms' capital structure, an often overlooked relationship in finance theory, for the case of 38 firms listed on the stock exchange of Mauritius (SEM) for the period 1994-2005. Results from the panel estimates suggest that further development of the market has been associated with debt financing for

Kesseven Padachi; Boopen Seetanah

2007-01-01

229

Internet Stock Options  

NSDL National Science Digital Library

Recently, in Red Herring, Charles Conn, CEO of Ticketmaster Online-City-Search explained the difficulties of hiring people in San Francisco: "Everyone seems to know someone whose company just got bought for millions of dollars," and according to Conn, job seekers in the Internet industry put stock options high on their list of benefits and incentives. This week's In The News examines stock options as they affect high-tech companies and their employees. On July 1, 1999, The San Francisco Chronicle reported that 42 local companies, mainly Internet start-ups, had gone public in the preceding six months with the astounding gain of 138 percent. Throughout the Silicon Valley, employees of computer companies are hedging their bets, hoping that the companies they work for will be the next eBay or Amazon. However, the chances of striking it rich through Internet stock options are slim. High-tech employees move from company to company looking for better options at promising start-ups, while computer companies improve their option packages in order to entice their workers to stay. The seven resources discussed provide news, articles, and background information on the lures and pitfalls of Internet stock options.

Missner, Emily D.

230

Taking Stock, Resuming Course.  

ERIC Educational Resources Information Center

Academic officials have begun taking stock of their admissions policies in light of the U.S. Supreme Court decision in the University of Michigan admissions case. The survival of the use of race in college admissions has supporters breathing a little easier for the time being. (SLD)

Roach, Ronald

2003-01-01

231

Stock Market Savvy.  

ERIC Educational Resources Information Center

This issue of Keying In, the newsletter of the National Business Education Association, focuses upon teaching young adults how to develop both investment strategies and an understanding of the stock market. The first article, "Sound Investing Know-How: A Must for Today's Young Adults," describes how young adults can plan for their own financial…

Okula, Susan

2003-01-01

232

Online stock trading platform  

Microsoft Academic Search

The Internet is the perfect tool that can assure the market’s transparency for any user who wants to trade on the stock market. The investor can have access to the market news, financial calendar or the press releases of the issuers. A good online trading platform also provides real-time intraday quotes, trading history and technical analysis giving the investor a

Ion LUNGU; Adela BARA; Vlad DIACONITA

2006-01-01

233

Aesthetics of stock investments  

Microsoft Academic Search

Although there has been an increasing interest in the links between aesthetics and the market economy, researchers have largely ignored the aesthetics related to one class of economic behavior, i.e., individuals’ investments. The purpose of this article is to explicate what roles aesthetics may play in people’s evaluations of companies’ stocks as investment objects. First, the author explains that investment

Jaakko Aspara

2009-01-01

234

Blood Parasites of Taiwan Birds.  

National Technical Information Service (NTIS)

Blood films were examined from 1477 birds of Taiwan (193 species, 49 families in 15 orders). Haemoproteus Kruse was by far the commonest parasite, with Leucocytozoon Danilewski a not very close second. It is probable that some of the Haemoproteus infectio...

R. D. Manwell C. S. Allen R. E. Kuntz

1976-01-01

235

Kindergartener's Technology Education in Taiwan.  

ERIC Educational Resources Information Center

According to the American Association for Advancement of Sciences, the National Academy of Engineering, and the International Technology Education Association (ITEA) and its Technology for All Americans Project (TfAAP), technology education should begin in kindergarten. Educators in Taiwan have also advocated beginning technology education in…

Lai, Chun-Chin

236

Slow strain variations in Taiwan  

Microsoft Academic Search

Taiwan is located along the boundary between the Philippine Sea plate and the Eurasian plate, one of the most active plate boundaries in the world. The oblique collision between these two plates drives the mountain building and high seismic activity in this area. More than 300 permanent GPS stations are operating, about 1 site per 120 km2. The typical shorting

C. Liu; J. C. Hu; C. Y. Chen; A. T. Linde; I. S. Sacks

2009-01-01

237

Stock Options: The Backdating Issue  

Microsoft Academic Search

[Excerpt] Employee stock options are contracts giving employees the right to buy the company’s common stock at a specified exercise price, at a specified time or during a specified period, and after a specified vesting period. The value of the option when granted lies in the prospect that the market price of the company’s stock will increase by the time

James M Bickley; Gary Shorter

2008-01-01

238

Taiwan's Aquaculture: A U.S. Feed Materials Perspective,  

National Technical Information Service (NTIS)

Taiwan's shrimp farms have been hit hard this year by a variety of problems, primarily disease and drought. Recently the American Institute in Taiwan (AIT) reported that Taiwan's crop of black tiger prawns (Penaeus monodon) is suffering from high mortalit...

R. B. Sheeks

1988-01-01

239

Dominating Clasp of the Financial Sector Revealed by Partial Correlation Analysis of the Stock Market  

PubMed Central

What are the dominant stocks which drive the correlations present among stocks traded in a stock market? Can a correlation analysis provide an answer to this question? In the past, correlation based networks have been proposed as a tool to uncover the underlying backbone of the market. Correlation based networks represent the stocks and their relationships, which are then investigated using different network theory methodologies. Here we introduce a new concept to tackle the above question—the partial correlation network. Partial correlation is a measure of how the correlation between two variables, e.g., stock returns, is affected by a third variable. By using it we define a proxy of stock influence, which is then used to construct partial correlation networks. The empirical part of this study is performed on a specific financial system, namely the set of 300 highly capitalized stocks traded at the New York Stock Exchange, in the time period 2001–2003. By constructing the partial correlation network, unlike the case of standard correlation based networks, we find that stocks belonging to the financial sector and, in particular, to the investment services sub-sector, are the most influential stocks affecting the correlation profile of the system. Using a moving window analysis, we find that the strong influence of the financial stocks is conserved across time for the investigated trading period. Our findings shed a new light on the underlying mechanisms and driving forces controlling the correlation profile observed in a financial market.

Kenett, Dror Y.; Tumminello, Michele; Madi, Asaf; Gur-Gershgoren, Gitit; Mantegna, Rosario N.; Ben-Jacob, Eshel

2010-01-01

240

The network structure of big business in Taiwan  

Microsoft Academic Search

This paper takes a network approach to understanding ownership patterns and director interlocks in Taiwan. In particular,\\u000a this paper analyzes ties among Taiwan’s top 200 publicly listed companies in 1990 and 2000. The speed of change in Taiwan’s\\u000a economic organization during the period has been striking. Not only have the identities of many of Taiwan’s largest firms\\u000a changed, there seems

Jonathan Brookfield

2010-01-01

241

Queering Taiwan: in search of nationalism's other.  

PubMed

This article deals with the formation of Taiwan’s homosexual cultural politics in the 1990s, the impact and implications of which are yet to be examined within the larger context of Taiwan’s cultural and political development and ethnic relationships. It is argued that the rise of this cultural politics is both a reflection and a source of a growing sense of identity crisis on the island. By examining the configurations of “queer” in various discursive domains, this interdisciplinary study seeks to delineate the cross-referencing ideological network of this cultural movement and its entanglement with the complexity of Taiwan’s nationalism. At the same time, to the extent that this movement tends to present itself as a radical politics from a privileged epistemological and cultural standpoint, this claimed radicalism is also scrutinized for its problematics and ironies. PMID:21966703

Chen, Li-fen

2011-01-01

242

Stock Markets Performance  

NSDL National Science Digital Library

This informative portal is a section of NYU associate professor of economics and international business Nouriel Roubini's Global Macroeconomic and Financial Policy site (reviewed last in the September 21, 2000 issue of the Scout Report for Business & Economics). The site investigates recent US stock market activity and tries to understand whether we are currently experiencing the "crash of a bubble." Along with an introduction extrapolated from a recent issue of The Economist, this site links to a number of new articles and readings from a variety of reputable sources including The Financial Times, Wall Street Journal, the BBC, and Bloomberg. The site is updated nearly daily and is an excellent source for commentary on the US stock market.

Roubini, Nouriel.

243

Living Stock Collections (LSC)  

NSF Publications Database

The Living Stock Collections (LSC) program supports operation of and improvements in outstanding collections of living organisms used in basic biological research. The program provides support for two types of projects. Full Proposal Preparation Instructions: This solicitation contains information that supplements the standard Grant Proposal Guide (GPG) proposal preparation guidelines. More comprehensive information on NSF Award Conditions is contained in the NSF Grant Policy Manual (GPM) ...

244

Current situation and industrialization of Taiwan nanotechnology  

Microsoft Academic Search

Nanotechnology is projected to be a very promising field, and the impact of nanotechnology on society is increasingly significant\\u000a as the research funding and manufactured goods increase exponentially. A clearer picture of Taiwan’s current and future nanotechnology\\u000a industry is an essential component for future planning. Therefore, this investigation studies the progress of industrializing\\u000a nanotechnology in Taiwan by surveying 150 companies.

Hsin-Ning Su; Pei-Chun Lee; Min-Hua Tsai; Kuo-Ming Chien

2007-01-01

245

Collective Behavior of Stock Prices as a Precursor to Market Crash  

NASA Astrophysics Data System (ADS)

We study precursors to the global market crash that occurred onall main stock exchanges throughout the world in October 2008 about three weeks after the bankruptcy of Lehman Brothers Holdings Inc. on 15 September. We examine the collective behavior of stock returns and analyze the market mode, which is a market-wide collective mode, with constituent issues of the FTSE 100 index listed on the London Stock Exchange. Before the market crash, a sharp rise in a measure of the collective behavior was observed. It was shown to be associated with news including the words ``financial crisis". They did not impact stock prices severely alone, but they exacerbated the pessimistic mood that prevailed among stock market participants. Such news increased after the Lehman shock preceding the market crash. The variance increased along with the cumulative amount of news according to a power law.

Maskawa, J.

246

Taiwan's second remote sensing satellite  

Microsoft Academic Search

FORMOSAT-2 is Taiwan's first remote sensing satellite (RSS). It was launched on 20 May 2004 with five-year mission life and a very unique mission orbit at 891km altitude. This orbit gives FORMOSAT-2 the daily revisit feature and the capability of imaging the Arctic and Antarctic regions due to the high enough altitude. For more than three years, FORMOSAT-2 has performed

Jeng-Shing Chern; Jer Ling; Shui-Lin Weng

2008-01-01

247

Solar water heaters in Taiwan  

Microsoft Academic Search

Solar water heater has been commercialized during the last two decades in Taiwan. The government initiated the incentive programs during 1986–1991 and 2000–2004. This created an economic incentive for the end-users. The total area of solar collectors installed was more than one million square meters. The data also show that most of the solar water heaters are mainly used by

K. Chang; T. Lee; K. Chung

2006-01-01

248

Genotoxic Klebsiella pneumoniae in Taiwan  

PubMed Central

Background Colibactin is a nonribosomal peptide-polyketide synthesized by multi-enzyme complexes encoded by the pks gene cluster. Colibactin-producing Escherichia coli have been demonstrated to induce host DNA damage and promote colorectal cancer (CRC) development. In Taiwan, the occurrence of pyogenic liver abscess (PLA) has been suggested to correlate with an increasing risk of CRC, and Klebsiella pneumoniae is the predominant PLA pathogen in Taiwan Methodology/Principal Findings At the asn tRNA loci of the newly sequenced K. pneumoniae 1084 genome, we identified a 208-kb genomic island, KPHPI208, of which a module identical to the E. coli pks colibactin gene cluster was recognized. KPHPI208 consists of eight modules, including the colibactin module and the modules predicted to be involved in integration, conjugation, yersiniabactin production, microcin production, and unknown functions. Transient infection of BALB/c normal liver cells with K. pneumoniae 1084 increased the phosphorylation of histone H2AX, indicating the induction of host DNA damage. Colibactin was required for the genotoxicity of K. pneumoniae 1084, as it was diminished by deletion of clbA gene and restored to the wild type level by trans-complementation with a clbA coding plasmid. Besides, BALB/c mice infected with K. pneumoniae 1084 exhibited enhanced DNA damage in the liver parenchymal cells when compared to the isogenic clbA deletion mutant. By PCR detection, the prevalence of pks-positive K. pneumoniae in Taiwan is 25.6%, which is higher than that reported in Europe (3.5%), and is significantly correlated with K1 type, which predominantly accounted for PLA in Taiwan. Conclusions Our knowledge regarding how bacteria contribute to carcinogenesis has just begun. The identification of genotoxic K. pneumoniae and its genetic components will facilitate future studies to elucidate the molecular basis underlying the link between K. pneumoniae, PLA, and CRC.

Lai, Yi-Chyi; Lin, Ann-Chi; Chiang, Ming-Ko; Dai, Yu-Han; Hsu, Chih-Chieh; Lu, Min-Chi; Liau, Chun-Yi; Chen, Ying-Tsong

2014-01-01

249

Occupational neurotoxic diseases in taiwan.  

PubMed

Occupational neurotoxic diseases have become increasingly common in Taiwan due to industrialization. Over the past 40 years, Taiwan has transformed from an agricultural society to an industrial society. The most common neurotoxic diseases also changed from organophosphate poisoning to heavy metal intoxication, and then to organic solvent and semiconductor agent poisoning. The nervous system is particularly vulnerable to toxic agents because of its high metabolic rate. Neurological manifestations may be transient or permanent, and may range from cognitive dysfunction, cerebellar ataxia, Parkinsonism, sensorimotor neuropathy and autonomic dysfunction to neuromuscular junction disorders. This study attempts to provide a review of the major outbreaks of occupational neurotoxins from 1968 to 2012. A total of 16 occupational neurotoxins, including organophosphates, toxic gases, heavy metals, organic solvents, and other toxic chemicals, were reviewed. Peer-reviewed articles related to the electrophysiology, neuroimaging, treatment and long-term follow up of these neurotoxic diseases were also obtained. The heavy metals involved consisted of lead, manganese, organic tin, mercury, arsenic, and thallium. The organic solvents included n-hexane, toluene, mixed solvents and carbon disulfide. Toxic gases such as carbon monoxide, and hydrogen sulfide were also included, along with toxic chemicals including polychlorinated biphenyls, tetramethylammonium hydroxide, organophosphates, and dimethylamine borane. In addition we attempted to correlate these events to the timeline of industrial development in Taiwan. By researching this topic, the hope is that it may help other developing countries to improve industrial hygiene and promote occupational safety and health care during the process of industrialization. PMID:23251841

Liu, Chi-Hung; Huang, Chu-Yun; Huang, Chin-Chang

2012-12-01

250

Convergence of fundamentalists and chartists’ expectations: An alarm for stock market crash  

NASA Astrophysics Data System (ADS)

We construct a network of the Tehran stock market based on the cross-correlation of trading volume of stocks both for fundamentalists and chartists. In order to investigate the dynamics of expectations of fundamentalists and chartists over time we introduced a homogeneity coefficient. Our results show that in the Tehran Stock Exchange (TSE) which is an emerging market, chartists in comparison with fundamentalists more strongly believe the stocks’ co-movements. We also found that in a bull market (booming period), the optimism of fundamentalists and chartists about the similarity of stocks’ performance diverge from each other while in a bear market (recession period) both groups of traders have approximately same level of pessimism about the simultaneous collapse of stock prices.

Bolgorian, Meysam; Raei, Reza

2010-09-01

251

State-Space Estimation of Soil Organic Carbon Stock  

NASA Astrophysics Data System (ADS)

Understanding soil spatial variability and identifying soil parameters most determinant to soil organic carbon stock is pivotal to precision in ecological modelling, prediction, estimation and management of soil within a landscape. This study investigates and describes field soil variability and its structural pattern for agricultural management decisions. The main aim was to relate variation in soil organic carbon stock to soil properties and to estimate soil organic carbon stock from the soil properties. A transect sampling of 100 points at 3 m intervals was carried out. Soils were sampled and analyzed for soil organic carbon and other selected soil properties along with determination of dry aggregate and water-stable aggregate fractions. Principal component analysis, geostatistics, and state-space analysis were conducted on the analyzed soil properties. The first three principal components explained 53.2% of the total variation; Principal Component 1 was dominated by soil exchange complex and dry sieved macroaggregates clusters. Exponential semivariogram model described the structure of soil organic carbon stock with a strong dependence indicating that soil organic carbon values were correlated up to 10.8m.Neighbouring values of soil organic carbon stock, all waterstable aggregate fractions, and dithionite and pyrophosphate iron gave reliable estimate of soil organic carbon stock by state-space.

Ogunwole, Joshua O.; Timm, Luis C.; Obidike-Ugwu, Evelyn O.; Gabriels, Donald M.

2014-04-01

252

Analysis of Realized Volatility in Two Trading Sessionsof the Japanese Stock Market  

NASA Astrophysics Data System (ADS)

We analyze realized volatilities constructedusing high-frequency stock data on the Tokyo Stock Exchange. In order to avoid non-trading hours issue in volatility calculations we define two realized volatilities calculated separately in the two trading sessions of the Tokyo Stock Exchange, i.e. morning and afternoon sessions. After calculating the realized volatilities at various sampling frequencies we evaluate the bias from the microstructure noise as a function of sampling frequency. Taking account of the bias to realized volatility we examine returns standardized by realized volatilities and confirm that price returns on the Tokyo Stock Exchange are described approximately by Gaussian time series with time-varying volatility, i.e. consistent with a mixture of distributions hypothesis.

Takaishi, T.; Chen, T. T.; Zheng, Z.

253

Regulating Stock Externalities Under Uncertainty  

Microsoft Academic Search

Using a simple analytical model incorporating benefits of a stock, costs of adjusting the stock, and uncertainty in costs, we uncover several important principles governing the choice of price-based policies (e.g., taxes) relative to quantity-based policies (e.g., tradable permits) for controlling stock externalities. As in Weitzman (Rev. Econom. Stud. 41(4) (1974) 477), the relative slopes of the marginal benefits and

Richard G. Newell; William A. Pizer

2000-01-01

254

Scrub Typhus in Eastern Taiwan, 1970.  

National Technical Information Service (NTIS)

An outbreak of scrub typhus occurred in Chinese Army personnel in the eastern part of Taiwan during 1970. This is the first outbreak of the disease documented on the main island of Taiwan since 1932. Of 21 hospitalized patients examined during the convale...

J. L. Gale G. S. Irving H. C. Wang J. C. Lien W. F. Chen

1974-01-01

255

FACTORS NURTURING ACADEMIC ENTREPRENEURSHIP IN TAIWAN  

Microsoft Academic Search

Although academic research institutions have become a major player in protecting, transferring, and commercializing their knowledge base, little research has examined in enterprising research results from the angle of academic entrepreneurs. This paper examined the factors fostering academic entrepreneurship from institutional, organizational, and individual aspects, especially in Taiwan. Based on the Patent Database of the National Science Council, Taiwan, 474

YUAN-CHIEH CHANG; MING-HUEI CHEN

2006-01-01

256

Nonextensive analysis of crustal seismicity in Taiwan  

Microsoft Academic Search

Using the Taiwan Central Weather Bureau earthquake catalogue, the crustal seismicity of Taiwan was analyzed by means of a nonextensive approach. The time span of the analyzed catalogue is from 1 January 1990 to 30 November 2007, and only earthquakes with magnitude M>=2.0 were considered. Our findings reveal that the nonextensive statistics furnishes a very good prediction of the cumulative

L. Telesca; C.-C. Chen

2010-01-01

257

Helmet use and motorcycle fatalities in Taiwan  

Microsoft Academic Search

Motorcycle deaths accounted for more than half of total traffic fatalities in Taiwan in 2002. This study uses the police-reported crash data from Taiwan between 1999 and 2001 to estimate the effectiveness of helmets, simultaneously taking into account of sample selection bias. Sample selection arises because helmet usage will affect the probability of death or injury, which in turn influences

Shao-Hsun Keng

2005-01-01

258

The development of Taiwan's integrated circuit industry  

Microsoft Academic Search

The development of Taiwan's integrated circuit (IC) industry is discussed in four sections covering the history of industry. The performance of the industry, the trends and development activities, and the future challenges. The latest data describing the industry are provided by Taiwan ERSO\\/ITRI ITIS project. The data cover the operations, marketing and technology indices, industry development goals, and investment trends

Michael M. K. Lin; Charles V. Trappey

1997-01-01

259

Mountain building in Taiwan: A thermokinematic model  

Microsoft Academic Search

The Taiwan mountain belt is classically viewed as a case example of a critical wedge growing essentially by frontal accretion and therefore submitted to distributed shortening. However, a number of observations call for a significant contribution of underplating to the growth of the orogenic wedge. We propose here a new thermokinematic model of the Taiwan mountain belt reconciling existing kinematic,

Martine Simoes; Jean Philippe Avouac; Olivier Beyssac; Bruno Goffé; Kenneth A. Farley; Yue-Gau Chen

2007-01-01

260

Ethnic Inequalities and Educational Attainment in Taiwan  

ERIC Educational Resources Information Center

In this article, the authors examine educational stratification in Taiwan against the background of an ethnically based political economy. They investigate how educational attainment is related to ethnicity and other background factors, such as parental class and education, and if these relationships changed over time as Taiwan became a more…

Jao, Jui-Chang; McKeever, Matthew

2006-01-01

261

Stock market aversion? Political preferences and stock market participation  

Microsoft Academic Search

We find that left-wing voters and politicians are less likely to invest in stocks, controlling for income, wealth, education, and other relevant factors. This finding from unique data sets in Finland is robust both at the zip code and at the individual level. A moderate left voter is 17–20% less likely to own stocks than a moderate right voter. The

Markku Kaustia; Sami Torstila

2011-01-01

262

17 CFR 240.16a-9 - Stock splits, stock dividends, and pro rata rights.  

Code of Federal Regulations, 2013 CFR

...2013-04-01 false Stock splits, stock dividends, and pro rata rights. 240.16a-9...240.16a-9 Stock splits, stock dividends, and pro rata rights. The following...as a result of a stock split or stock dividend applying equally to all securities...

2013-04-01

263

Testing the arbitrage pricing theory in an emerging stock market: the case of Mauritius  

Microsoft Academic Search

This study focuses on the arbitrage pricing theory (APT) framework to analyse several macroeconomic factors likely to influence the market return (SEMDEX return) on the Stock Exchange of Mauritius (SEM). Seven variables are considered: the consumer price index, oil price, exchange rate, tourist arrival rate, electricity consumption, Lombard rate and aggregate money supply. The sample data are monthly observations from

Sunil K. Bundoo

2009-01-01

264

Capital Structure and Stock Returns  

ERIC Educational Resources Information Center

U.S. corporations do not issue and repurchase debt and equity to counteract the mechanistic effects of stock returns on their debt-equity ratios. Thus over one- to five-year horizons, stock returns can explain about 40 percent of debt ratio dynamics. Although corporate net issuing activity is lively and although it can explain 60 percent of debt…

Welch, Ivo

2004-01-01

265

Experimental Stocking of Striped Bass.  

National Technical Information Service (NTIS)

A portable field hatchery was assembled and operated in the Chesapeake Bay area. As a result of that hatchery a total of 7978 striped bass were stocked into Mississippi coastal streams. A total of 12,736 South Carolina striped bass were stocked into the c...

T. D. McIlwain

1974-01-01

266

Scaling analysis of stock markets.  

PubMed

In this paper, we apply the detrended fluctuation analysis (DFA), local scaling detrended fluctuation analysis (LSDFA), and detrended cross-correlation analysis (DCCA) to investigate correlations of several stock markets. DFA method is for the detection of long-range correlations used in time series. LSDFA method is to show more local properties by using local scale exponents. DCCA method is a developed method to quantify the cross-correlation of two non-stationary time series. We report the results of auto-correlation and cross-correlation behaviors in three western countries and three Chinese stock markets in periods 2004-2006 (before the global financial crisis), 2007-2009 (during the global financial crisis), and 2010-2012 (after the global financial crisis) by using DFA, LSDFA, and DCCA method. The findings are that correlations of stocks are influenced by the economic systems of different countries and the financial crisis. The results indicate that there are stronger auto-correlations in Chinese stocks than western stocks in any period and stronger auto-correlations after the global financial crisis for every stock except Shen Cheng; The LSDFA shows more comprehensive and detailed features than traditional DFA method and the integration of China and the world in economy after the global financial crisis; When it turns to cross-correlations, it shows different properties for six stock markets, while for three Chinese stocks, it reaches the weakest cross-correlations during the global financial crisis. PMID:24985421

Bu, Luping; Shang, Pengjian

2014-06-01

267

Empirical regularities of order placement in the Chinese stock market  

NASA Astrophysics Data System (ADS)

Using ultra-high-frequency data extracted from the order flows of 23 stocks traded on the Shenzhen Stock Exchange, we study the empirical regularities of order placement in the opening call auction, cool period and continuous auction. The distributions of relative logarithmic prices against reference prices in the three time periods are qualitatively the same with quantitative discrepancies. The order placement behavior is asymmetric between buyers and sellers and between the inside-the-book orders and outside-the-book orders. In addition, the conditional distributions of relative prices in the continuous auction are independent of the bid-ask spread and volatility. These findings are crucial to build an empirical behavioral microscopic model based on order flows for Chinese stocks.

Gu, Gao-Feng; Chen, Wei; Zhou, Wei-Xing

2008-05-01

268

77 FR 33261 - Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed Rule...  

Federal Register 2010, 2011, 2012, 2013

...Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing of Proposed Rule Change To Modify Its Corporate Governance Rules May 30, 2012. Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934...

2012-06-05

269

75 FR 28086 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and...  

Federal Register 2010, 2011, 2012, 2013

...shares and the effectiveness of the demutualization of the Exchange. The timetable for the demutualization of the Exchange and the public offering...Stock is such that, although the demutualization transaction will have been...

2010-05-19

270

Three-Dimensional Tectonic Model of Taiwan  

NASA Astrophysics Data System (ADS)

We built a three-dimensional model of the interactions of the Eurasian plate (EUP) the Philippine Sea plate (PSP) and the collisional orogen, in and around Taiwan. The model is based on the results of comprehensive, milt-prong TAIGER experiments on land and at sea as well as other existing data. The clockwise rotating PSP moves NWW at ~8 cm/year relative to the Taiwan Strait. Under northern Taiwan the northward subducting PSP terminates near the edge of eastern Taiwan and collides with EUP at in increasing depth toward the north. Mountain building due to collision of EUP and PSP tapers off where the PSP goes below about 60 km. The PSP in the asthenosphere continues to advance NWW-ward. In central Taiwan PSP and EUP collide fully, lithosphere against lithosphere in the upper 60 km or so, leading to significant thickening of the crust to about 55 km on the Central Range side and about 35 km on the Coastal Range/Arc side. In between these "roots" a high velocity rise is found. Although a clear, steep dipping high velocity zone under Central Taiwan is detected, it is found not to be associated with seismicity. In southern Taiwan, mountains form over well-defined, seismically active subduction zone. The upper mantle high velocity anomaly appears to be continues with that under central Taiwan, but here an inclined seismic zone is found. In this area the Luzon Arc has not yet encountered the continental shelf - thus arc-continental collision has not yet occurred. The orogeny here may involve inversion of the subducted South China Sea lithosphere, rifted Eurasian continent, and/or escape of continental material from central Taiwan. GPS and Leveling data reflect well the 3-D plate collision model.

Wu, Francis; Kuo-Chen, Hao; McIntosh, kirk

2014-05-01

271

Study on Seismomagnetism in Taiwan  

NASA Astrophysics Data System (ADS)

Since Taiwan is located in high seismicity zone, seismic hazard mitigation is extremely needed. In order to find out any potential precursors before large earthquakes, geomagnetic transfer functions and demodulates are calculated using the geomagnetic data with a sampling interval of one minute at Lunping, Taiwan, Geomagnetic Observatory from 1988 to 2000. These results were correlated to earthquake occurrences. First, traditional transfer functions for the frequencies from 0.1 to 10 cycles/hour are calculated day by day. Monthly means are statistically obtained from these daily values of transfer functions. All the transfer functions show the significant anomalous frequencies at 2, 3, 4, and 6 cycles/hour. Some remarkable changes of transfer function Au, possibly related to the earthquakes which occurred near the Lunping Observatory are found. Second, the Complex demodulation method (CDM) is applied to (1) study the background of the geomagnetic field; (2) set up the method on extraction seismomagnetic signals from the geomagnetic data; and (3) study the characteristics of the seismomagnetic precursory. The results show that the "demodulate" of 1 cycle/day decrease significantly 30 days before high seismicity and retrace to normal value after main shock.

Chen, K.; Chao, K.; Ho, Y.; Chiu, B.; Lin, C.

2004-05-01

272

Potential for SGD induced submarine geohazard off southwestern Taiwan  

NASA Astrophysics Data System (ADS)

The submarine groundwater discharge (SGD) is not only play important roles on material exchange between land and sea, it may also trigger liquefaction process and induce further submarine geohazards in coastal zone. Since 2006, Southern Taiwan was experienced a series of natural hazards including earthquakes and typhoon that induced severe landslides and flooding and caused huge human lives and economics losses. These natural hazards also touched off submarine cable-break incidents off southwestern Taiwan from Gaoping Slope to the northern terminus of the Manila Trench. After the 2006 Pingtung Earthquake, the local fishermen reported disturbed waters at the Fangliao submarine canyon head. Although many researches conjectured the disturbed waters may caused by the eruption of submarine volcanoes which has been widely discovered off the southwestern Taiwan. The subbottom profiles reveal a series of faults and liquefaction strata exist near the head of Fanliao submarine canyon and acoustically transparent sediments with doming structures also observed at the adjacent area. Moreover, we also found pockmarks with acoustic blanking under it on the Gaoping Shelf and a series of gaseous pluming gushed from the seafloor was also observed in the shallow waters. Integrate all these data, we may reasonably infer the disturbed waters which reported by the fishermen may caused by the liquefaction process on the seafloor. In addition to geophysical observations, natural geochemical tracers (radon and radium) in conjunction with side-scan sonar were used to evaluate the distribution of SGD system in the study area. All the evidences indicate that the large earthquake in conjunction with high pore fluid pressures in the surface sediment might have easily triggered liquefaction process and generated large debris flow and swept the submarine cables away from the Fangliao submarine canyon head to the abyss.

Su, C.; Lin, C.; Cheng, Y.; Chiu, H.

2013-12-01

273

Prediction of stock market characteristics using neural networks  

NASA Astrophysics Data System (ADS)

International stocks trading, currency and derivative contracts play an increasingly important role for many investors. Neural network is playing a dominant role in predicting the trends in stock markets and in currency speculation. In most economic applications, the success rate using neural networks is limited to 70 - 80%. By means of the new approach of GMDH (Group Method of Data Handling) neural network predictions can be improved further by 10 - 15%. It was observed in our study, that using GMDH for short, noisy or inaccurate data sample resulted in the best-simplified model. In the GMDH model accuracy of prediction is higher and the structure is simpler than that of the usual full physical model. As an example, prediction of the activity on the stock exchange in New York was considered. On the basis of observations in the period of Jan '95 to July '98, several variables of the stock market (S&P 500, Small Cap, Dow Jones, etc.) were predicted. A model portfolio using various stocks (Amgen, Merck, Office Depot, etc.) was built and its performance was evaluated based on neural network forecasting of the closing prices. Comparison of results was made with various neural network models such as Multilayer Perceptrons with Back Propagation, and the GMDH neural network. Variations of GMDH were studied and analysis of their performance is reported in the paper.

Pandya, Abhijit S.; Kondo, Tadashi; Shah, Trupti U.; Gandhi, Viraf R.

1999-03-01

274

Fisheries, management and conservation of the whale shark Rhincodon typus in Taiwan.  

PubMed

The Taiwanese government introduced a catch-and-report system for the whale shark Rhincodon typus in 2001, and in the following year limited the total allowable catch (TAC) to 80 individuals. This limit was reduced over the following years, reaching a low of 30 individuals in 2007. In November 2007, a comprehensive ban on R. typus fishing came into effect and protection measures were adopted for the species. This study measured and recorded the total length (L(T) ), body mass and sex of 810 R. typus, using fisheries and other released data for the period 1995-2008. The mean L(T) of individuals caught from June to October was smaller than that for individuals caught from November to May. Mean annual catches in set nets were higher in south-western Taiwan than in other regions of Taiwan. The sex ratio showed that males were caught more frequently than females in Taiwanese waters, indicating sex segregation. For the first time, the stock structure, conservation and management regulation of R. typus in the north-west Pacific Ocean have been reviewed. The results provide a useful resource for future assessment of the possible development of R. typus ecotourism in Taiwan. PMID:22497399

Hsu, H H; Joung, S J; Liu, K M

2012-04-01

275

The long-run stock performance of preferred stock issuers  

Microsoft Academic Search

We examine the long-run common stock performance of preferred stock issuers. We find that significant abnormal underperformance is present only for 1 year after the issue. For the longer term we do not find consistently significant abnormal performance. This result contrasts with substantial underperformance of common equity and debt issuers during the 3 or 5 years post-issue. The better long-run

John S. Howe; Hongbok Lee

2006-01-01

276

76 FR 20406 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and...  

Federal Register 2010, 2011, 2012, 2013

...Effectiveness of a Proposed Rule Change to CBSX Rule 52.6 April 6, 2011. Pursuant to Section...CBOE Stock Exchange (``CBSX'') Rule 52.6 (Processing of Round-lot Orders...CBOE Stock Exchange (``CBSX'') Rule 52.6 (Processing of Round-lot...

2011-04-12

277

Some Digenetic Trematodes of Birds from Taiwan.  

National Technical Information Service (NTIS)

Thirty-three species of digenetic trematodes of birds are reported from Taiwan. Described are one new genus and eight new species in the following families: Eucotylidae, Brachylaimidae, Echinostomatidae, and Dicrocoeliidae. Previously described species re...

J. H. Fischthal R. E. Kuntz

1975-01-01

278

Sarcocystis sp. in a Taiwan Pig.  

National Technical Information Service (NTIS)

During a routine histological examination of swine tissues obtained from a slaughterhouse in Ping Tung, southern Taiwan, Sarcocystis sp. was found encysted in one of 20 pig diaphragms. The cyst appeared to be firmly imbedded in the longitudinal muscles of...

W. D. Kundin B. T. Schaeffer J. H. Cross

1971-01-01

279

Taiwan: Facing the future with nuclear power  

SciTech Connect

The republic of China on Taiwan is located approximately 100 miles off the southeast coast of mainland China, between Japan and the Philippines, and has an area of 13,970 square miles. The island nation has a population exceeding twenty million people, with over five million living in the capital of Taipei, making Taiwan the second most densely populated country in the world. The country also has one of the world`s fastest growing economies, with major industries that include electronics, textiles, food processing, chemicals and plastics. Annual growth of Taiwan`s gross national product (GNP) has averaged more than 7 percent for the past several years, and the small island is now the twelfth largest trading nation in the world, with a GNP exceeding US$200 billion.

NONE

1994-07-01

280

Long-Run and Short-Run Dynamics among the Sectoral Stock Indices: Evidence from Turkey  

Microsoft Academic Search

This paper investigates the short-run and long-run dynamics among the major sectoral stock indices of the Istanbul Stock Exchange over the period 1997-2011. Long-run relationship among these indices is analyzed by using both conventional Engle and Granger (1987) and Johansen-Juselius (1990) cointegration tests, causal relationship through Vector Error Correction Model (VECM). Likewise, variance decomposition analysis is employed to partition the

Gulin Vardar; Gokce Tunc; Berna Aydogan

2012-01-01

281

What Does the Stock Market Tell Us About Real Estate Returns?  

Microsoft Academic Search

This paper analyzes the risks and returns of different types of real estate-related firms traded on the New York and American stock exchanges (NYSE and AMEX). We examine the relation between real estate stock portfolio returns and returns on a standard appraisal-based index, and find that lagged values of traded real estate portfolio returns can predict returns on the appraisal-based

Joseph Gyourko; Donald B. Keim

1992-01-01

282

Hybrid Intelligent Systems for Stock Market Analysis  

Microsoft Academic Search

The use of intelligent systems for stock market predictions has been widely established. This paper deals with the application of hybridized soft computing techniques for automated stock market forecasting and trend analysis. We make use of a neural network for one day ahead stock forecasting and a neuro-fuzzy system for analyzing the trend of the predicted stock values. To demonstrate

Ajith Abraham; Baikunth Nath; P. K. Mahanti

2001-01-01

283

ValuePro Stock Value Calculator  

NSDL National Science Digital Library

This online calculator tabulates the baseline valuation for any publicly traded stock. Enter the stock's ticker symbol, and the program will value the stock. Users may also change any of the input for a stock and revalue it. The site contains a brief helpful guide to using online valuation and a thoughtful review of the product from Business Week.

284

Sudden Sensorineural Hearing Loss: Evidence from Taiwan  

Microsoft Academic Search

Objective:This study uses 5-year population data to determine the incidence rate of sudden sensorineural hearing loss (SSNHL) in Taiwan, taking into consideration the age and gender of patients, as well as seasonal variations. Study Design:A retrospective cross-sectional study. Method: The data used is from the Taiwan National Health Insurance Research Database covering the period from 1998 to 2002. A total

Chuan-Song Wu; Herng-Ching Lin; Pin-Zhir Chao

2006-01-01

285

Tomographic imaging of lithospheric structures under Taiwan  

Microsoft Academic Search

Tomographic images of the crustal and mantle velocity structures under Taiwan are obtained by simultaneous inversion of local earthquake P-wave arrival times for hypocenters and P-wave velocity structures. In northern Taiwan, a high-velocity zone, coinciding with the Wadati-Benioff zone, can readily be identified as the subducted Philippine Sea plate. The imaged zone dips toward the north at an angle of

Ruey-Juin Rau; Francis T. Wu

1995-01-01

286

1. General view of stockyards from livestock exchange building showing ...  

Library of Congress Historic Buildings Survey, Historic Engineering Record, Historic Landscapes Survey

1. General view of stockyards from livestock exchange building showing (l-r) cattle pens and Buckingham Road, which terminates at "L" Street. View to north. - South Omaha Union Stock Yards, 2900 "O" Plaza, Omaha, Douglas County, NE

287

Persistent collective trend in stock markets  

NASA Astrophysics Data System (ADS)

Empirical evidence is given for a significant difference in the collective trend of the share prices during the stock index rising and falling periods. Data on the Dow Jones Industrial Average and its stock components are studied between 1991 and 2008. Pearson-type correlations are computed between the stocks and averaged over stock pairs and time. The results indicate a general trend: whenever the stock index is falling the stock prices are changing in a more correlated manner than in case the stock index is ascending. A thorough statistical analysis of the data shows that the observed difference is significant, suggesting a constant fear factor among stockholders.

Balogh, Emeric; Simonsen, Ingve; Nagy, Bálint Zs.; Néda, Zoltán

2010-12-01

288

Coping with national health insurance: Strategic behaviours of Taiwan’s hospitals  

Microsoft Academic Search

The primary goals of this study are to profile the strategic behaviours of Taiwan’s hospitals under the National Health Insurance programme, identify the related factors for such behaviours, and assess the influences of hospitals’ strategic behaviours on their performance. Findings indicate that the most prevalent strategy adopted by hospitals is strategic alliance. The results demonstrate that hospital level is a

Kuo-Cherh Huang; Ning Lu; Yi-Hsin Hsu; Mei-Ling Sheu; Che-Ming Yang; Yi-Hua Chen

2009-01-01

289

Does the Taiwan Warm Current originate in the Taiwan Strait in wintertime?  

Microsoft Academic Search

There is no doubt that the Taiwan Warm Current (TWC) flows through the Taiwan Strait in summer and it reaches the East China Sea (ECS) proper, bringing with it a great deal of nutrients. Here satellite temperature, as well as hydrological, satellite-tracked drifter, and 18O data, are used to show that in winter, warm waters from the South China Sea

Chen-Tung Arthur Chen; David D. Sheu

2006-01-01

290

Preference stock - why is it issued  

SciTech Connect

The author has examined the preference stock issues of public utility companies during a recent two-year period in an effort to determine why this specialized instrument is used in place of or in addition to bonds, preferred stock, and common stock for the raising of capital. He describes the distinctive features of preference stock, how it resembles and how it differs from the more-familiar preferred stock in purposes and in efforts.

Davidson, W.N. III

1984-07-19

291

75 FR 15726 - Polyvinyl Alcohol From Taiwan; Determination  

Federal Register 2010, 2011, 2012, 2013

...injured or threatened with material injury by reason of imports of PVA from Taiwan.\\3\\ Notice of that determination was published...materially injured by reason of imports of subject imports of PVA from Taiwan. Chairman Aranoff and Commissioners Williamson...

2010-03-30

292

New Dryinidae from Sulawesi and Taiwan (Hymenoptera: Chrysidoidea)  

Microsoft Academic Search

The following new species of Dryinidae are described: Anteon heppneri and martiale from Taiwan; Anteon cerberum, flaccum and subdignum; Thaumatodryinus noyesi; Dryinus alboniger and mansus from Sulawesi. The male of Lonchodryinus sinensis Olmi is described from Taiwan.

M. Olmi

1992-01-01

293

Retailing in Taiwan: modernization and the emergence of new formats  

Microsoft Academic Search

Explains that Taiwan’s retailing is predominantly a mix of traditional markets and department stores, an abundance of convenience stores, a group of supermarket and hypermarket chains, many direct marketing companies and a dynamic fast-food industry. Outlines the history of Taiwan’s development as a democratic society in order to provide a framework for describing the modernization process. From the 1600s through

Charles V. Trappey; Meng Kuan Lai

1996-01-01

294

International exchange program: findings from Taiwanese graduate nursing students  

Microsoft Academic Search

This study explored Taiwanese graduate nursing students’ transcultural experiences in the United States during an international exchange program. A qualitative method with content analysis was used to analyze journal entries on perceptions of American culture, American nursing, and reflections on personal and professional growth written by nine graduate nursing students from Taiwan. The mean age of the participants was 32

Carol Shieh

2004-01-01

295

Social Presence for Different Tasks and Perceived Learning in Online Hospitality Culture Exchange  

ERIC Educational Resources Information Center

This study utilized online discussion and project construction tasks to determine the extent of social presence and collaborative learning for hospitality culture exchange. The online culture exchange lasted for 6 weeks from September to November 2011. Forty-four English majors from a hospitality college in Taiwan and an institute of education in…

Wang, Mei-jung; Chen, Hsueh Chu

2013-01-01

296

A Perspective of Technology Education in Taiwan, Republic of China  

Microsoft Academic Search

A Brief Review of Taiwan's Educational System The Republic of China was founded in 1911 and moved its seat of gov- ernment from mainland China to Taiwan in 1949. Situated in the far western Pacific, Taiwan covers an area of 36,000 square kilometers (about .38 percent of the area of the USA) and has a population of 20 million. Its

Lung-Sheng Lee

297

Incidence of eye cancer in Taiwan: an 18-year review  

Microsoft Academic Search

Purpose To describe the incidence and histologic patterns of eye cancers in Chinese in Taiwan.Methods Beginning in 1979, cases of cancer in Taiwan were reported to the Taiwan National Cancer Registry. Information on all Chinese patients diagnosed with eye malignancies under the International Classification of Disease, Ninth Revision, site 190, was retrieved for analysis from the data bank of the

C-Y Cheng; W-M Hsu

2004-01-01

298

Language Shift and Language Accommodation across Family Generations in Taiwan  

ERIC Educational Resources Information Center

This study explored language shift and accommodation among bilingual Mandarin and Tai-gi (also called Hokkien, Holo, Tai-gu, Taiwan Min, Taiwanese) families in Taiwan. From the 1940s until the 1980s the Chinese Nationalist Party (KMT) on Taiwan promoted Mandarin Chinese. Recent years have witnessed a shift in policy: since 2001 elementary schools…

Sandel, Todd L.; Chao, Wen-Yu; Liang, Chung-Hui

2006-01-01

299

Large-scale seismic test program at Hualien Taiwan  

Microsoft Academic Search

The large scale seismic test (LSST) program at Hualien, Taiwan, is a follow-on to the soil-structure interaction (SSI) experiments at Lotung, Taiwan. The planned SSI studies are performed at a stiff soil site in Hualien, Taiwan, that historically has had slightly more destructive earthquakes in the past than Lotung. The objectives of the LSST program are as follows: to obtain

H. L. Graves; H. T. Tang; Y. C. Liao

1996-01-01

300

Taper Angle Evolution in Taiwan Accretionary Wedge  

NASA Astrophysics Data System (ADS)

Liwen Chena,b, Wu-Cheng Chia, Char-Shine Liuc aInstitute of Earth Sciences, Academia Sinica, Taipei, Taiwan bInstitute of Geosciences, National Taiwan University, Taipei, Taiwan cInstitute of Oceanography, National Taiwan University, Taipei, Taiwan The critical taper model, originally developed using onland Taiwan as an example, is governed by force balance of a horizontal compressional wedge. This model has been successfully applied to many mountainous regions around the world. Among them, Taiwan is located in an oblique collision between the Luzon Arc and the Chinese Passive margin. Previous critical taper angle studies of Taiwan are mainly focusing on utilizing land data. In this study we want to extend these studies to offshore region from the subduction zone to collision zone. Here we study the varying taper angles of the double-vergent wedge derived from 1,000 km of reflection seismic profiles in both the pro-wedge and retro-wedge locations. These profiles were collected in the last two decades. For the retro-wedge, the topography slope angle changes from 2 to 8.8 degrees; some of the steep slope suggests that some part of the retrowedge is currently in a super-critical angle state. Such dramatic changes in taper angle probably strongly affect regional sedimentary processes, including slumping, in addition to structural deformation. These complex processes might even help develop a mélange or re-open a closed basin. We are currently working on studying the taper angle evolution of the pro-wedge from subduction to arc-continent collision zone in the offshore region. Though further works are needed, our preliminary results show that the evolution of wedge angles and the geometry of the wedge are closely linked and inseparable. The structures of the subducting plate might have strong influence on the deformation style of the over-riding plate. It would be interesting to combine the angle variation with the structure interpretation of the accretionary wedge, both in the pro- and retro-wedge regions. And the results might help us to better understand the evolution of Taiwan Accretionary Prism.

Chen, L.; Chi, W.; Liu, C.

2011-12-01

301

Management of scrap computer recycling in Taiwan.  

PubMed

It is estimated that approximately 300,000 scrap personal computers are generated each year in Taiwan [S.-L. Chang, A Study on the Scrap Computer Treatment Cost, Environment Protection Administration of Taiwan, December 1998 (in Chinese)]. The disposal of such a huge number of scrap computers presents a difficult task for the island due to the scarcity of landfills and incineration facilities available locally. Also, the hazardous materials contained (i.e., phosphor coatings of cathode ray tubes (CRTs), batteries, polychlorinated biphenyl capacitors, mercury-containing parts, liquid crystal display, high-lead content CRT funnel glass, and plastic containing flame-retardant bromine, etc.) in the scrap computers may seriously pollute the environment if they are not properly disposed of. Therefore, the EPA of Taiwan declared scrap personal computers the producer's recycling responsibility as of July 1997. Under this decree, the manufacturers, importers and sellers of personal computers have to properly recover and recycle the scrapped computers which they originally sell. On June 1, 1998, a producer responsibility recycling program for scrap computers was officially implemented in Taiwan. Under this program, consumers can bring their unwanted personal computers to the designated collection points and receive reward money. Currently, only six computer items are mandated to be recycled in this recycling program. They are notebooks, monitors, hard disks, power supplies, printed circuit boards and main frame shells. This article outlines the current scrap computer recycling system in Taiwan. PMID:10751692

Lee, C H; Chang, S L; Wang, K M; Wen, L C

2000-04-28

302

The successes and failures of a key transportation link: accessibility effects of Taiwan’s high-speed rail  

Microsoft Academic Search

Taiwan does not only have a high population density; its population exhibits a strong preference for high-density downtown\\u000a living. Rich Taiwanese thus live downtown, not in the suburbs. In addition, the expected negative relationship between accessibility\\u000a and the spaciousness of housing is weak or non-existent in Taiwan’s metropolitan areas. Taiwan should therefore be highly\\u000a suited to rail transportation investments. In

David Emanuel Andersson; Oliver F. Shyr; Angel Lee

2012-01-01

303

Super Typhoon Halong off Taiwan  

NASA Technical Reports Server (NTRS)

On July 14, 2002, Super Typhoon Halong was east of Taiwan (left edge) in the western Pacific Ocean. At the time this image was taken the storm was a Category 4 hurricane, with maximum sustained winds of 115 knots (132 miles per hour), but as recently as July 12, winds were at 135 knots (155 miles per hour). Halong has moved northwards and pounded Okinawa, Japan, with heavy rain and high winds, just days after tropical Storm Chataan hit the country, creating flooding and killing several people. The storm is expected to be a continuing threat on Monday and Tuesday. This image was acquired by the Moderate Resolution Imaging Spectroradiometer (MODIS) on the Terra satellite on July 14, 2002. Please note that the high-resolution scene provided here is 500 meters per pixel. For a copy of the scene at the sensor's fullest resolution, visit the MODIS Rapid Response Image Gallery. Image courtesy Jacques Descloitres, MODIS Land Rapid Response Team at NASA GSFC

2002-01-01

304

Interface Pressures Derived from Oversize Compression Stockings  

PubMed Central

Objectives: To clarify interface pressures (IP) derived from class II and III oversize stockings. Methods: Healthy volunteers with legs fitting size S (n = 10), M (n = 6), or L (n = 6) stockings wore class II and III stockings of various sizes up to 5L. IPs were measured in the supine and the standing position with each stocking on. Results: In the subjects with size S legs, the IPs in the standing position while wearing S and M class III stockings were 43.5 ± 4.7 and 40.4 ± 5.4 mmHg respectively. These IPs were significantly higher than the IP while wearing the S size class II stocking (33.3 ± 5.9 mmHg). IPs derived from L, LL, 3L, 4L, 5L class III stockings were not significantly different from IP with the S size class II stocking. The results were similar for the subjects with size M legs while wearing the size M and L class III stockings and for the subjects with size L legs while wearing the size L and LL class III stockings vs. the appropriate size class II stocking. Conclusion: Based on these findings, a larger size class III stocking can provide similar or even higher IPs compared to an appropriate size class II stocking.

2012-01-01

305

Evaluating Saugeye Stocking Success in Ohio Reservoirs.  

National Technical Information Service (NTIS)

The saugeye (Stizostedion vitreum X S. Candadense) is an important sport fish currently being stocked into Ohio reservoirs to create and maintain fisheries. However, survival of stocked young-of-year saugeye varies among reservoirs and across years in the...

N. S. Donovan T. P. Stahl M. T. Bremigan R. A. Stein

1996-01-01

306

17 CFR 249.311 - Form 11-K, for annual reports of employee stock purchase, savings and similar plans pursuant to...  

Code of Federal Regulations, 2013 CFR

...2013-04-01 2013-04-01 false Form 11-K, for annual reports of employee stock...Exchange Act of 1934 § 249.311 Form 11-K, for annual reports of employee stock...Register citations affecting Form 11-K, see the List of CFR Sections...

2013-04-01

307

Quantifying bid-ask spreads in the Chinese stock market using limit-order book data: Intraday pattern, probability distribution, long memory, and multifractal nature  

Microsoft Academic Search

The statistical properties of the bid-ask spread of a frequently traded Chinese stock listed on the Shenzhen Stock Exchange are investigated using the limit-order book data. Three different definitions of spread are considered based on the time right before transactions, the time whenever the highest buying price or the lowest selling price changes, and a fixed time interval. The results

Gao-Feng Gu; Wei Chen; Wei-Xing Zhou

2006-01-01

308

Statistical physics in foreign exchange currency and stock markets  

NASA Astrophysics Data System (ADS)

Problems in economy and finance have attracted the interest of statistical physicists all over the world. Fundamental problems pertain to the existence or not of long-, medium- or/and short-range power-law correlations in various economic systems, to the presence of financial cycles and on economic considerations, including economic policy. A method like the detrended fluctuation analysis is recalled emphasizing its value in sorting out correlation ranges, thereby leading to predictability at short horizon. The ( m, k)-Zipf method is presented for sorting out short-range correlations in the sign and amplitude of the fluctuations. A well-known financial analysis technique, the so-called moving average, is shown to raise questions to physicists about fractional Brownian motion properties. Among spectacular results, the possibility of crash predictions has been demonstrated through the log-periodicity of financial index oscillations.

Ausloos, M.

2000-09-01

309

26 CFR 1.1563-2 - Excluded stock.  

Code of Federal Regulations, 2013 CFR

...1561 through 1563 and the regulations thereunder, the term âstockâ does not include: (1) Nonvoting stock which is limited and preferred as to dividends, and (2) Treasury stock. (b) Stock treated as excluded stock â(1)...

2013-04-01

310

26 CFR 1.382-4 - Constructive ownership of stock.  

Code of Federal Regulations, 2013 CFR

...1) Nonvoting convertible preferred stock. Convertible stock issued prior...determining whether any convertible preferred stock issued by the loss corporation...as an option, the convertible preferred stock is treated as if it were...

2013-04-01

311

Granular neural web agents for stock prediction  

Microsoft Academic Search

A granular neural Web-based stock prediction agent is developed using the granular neural network (GNN) that can discover fuzzy rules. Stock data sets are downloaded from www.yahoo.com website. These data sets are inserted into the database tables using a java program. Then, the GNN is trained using sample data for any stock. After learning from the past stock data, the

Yan-qing Zhang; Somasheker Akkaladevi; George J. Vachtsevanos; Tsau Young Lin

2002-01-01

312

Managers' Trading around Stock Repurchases  

Microsoft Academic Search

The authors analyze personal open market trades by managers around stock repurchases by tender offer. With the exception of Dutch auction offers, managers trade their firm's shares prior to repurchase announcements as though repurchases convey favorable inside information to outsiders. Prior to fixed price repurchase offers that do not follow takeover-related events, managers increase their buying and reduce their selling

D Scott Lee; Wayne H Mikkelson; M Megan Partch

1992-01-01

313

Evolutionary Ensemble for Stock Prediction  

Microsoft Academic Search

We propose a genetic ensemble of recurrent neural networks for stock prediction model. The genetic algorithm tunes neural networks in a two-dimensional and parallel framework. The ensemble makes the decision of buying or selling more conservative. It showed notable im- provement on the average over not only the buy-and-hold strategy but also other traditional ensemble approaches.

Yung-keun Kwon; Byung-Ro Moon

2004-01-01

314

Behavioral heterogeneity in stock prices  

Microsoft Academic Search

We estimate a dynamic asset pricing model characterized by heterogeneous boundedly rational agents. The fundamental value of the risky asset is publicly available to all agents, but they have different beliefs about the persistence of deviations of stock prices from the fundamental benchmark. An evolutionary selection mechanism based on relative past profits governs the dynamics of the fractions and switching

H. Peter Boswijk; Cars H. Hommes; Sebastiano Manzan

2007-01-01

315

Number preference in Australian stocks  

Microsoft Academic Search

Stock price rallies\\/declines often terminate at price levels that are interpreted by many as areas of psychological resistance or support, while an alternative interpretation is that they coincide with price clusters. Some of these price levels tend to repeat with a regularity that is inconsistent with mere chance. In this paper, the existence of price clusters and psychological barriers is

Hristos Doucouliagos

2004-01-01

316

Taking Stock of Your Dollars.  

ERIC Educational Resources Information Center

Presented is the "University of Southern California Trojan Stores Inventory Procedures for Department Supervisors and Inventory Members." This manual includes four drawings of stocked merchandise to be used for discussion during staff training sessions, a practice inventory sheet, and the test used to measure employee comprehension of procedures.…

Archambault, Dennis R.

1979-01-01

317

Effects of Preferred Stock Re-rating on Common Stock Prices: Further Evidence  

Microsoft Academic Search

This study examines the price reactions of common stocks to changes in preferred stock ratings, with focuses on firms with less information available in the market as well as on firms with a relatively larger proportion of preferred stock financing. Emphasis on differential information and the relative size of preferred stocks across firms provide a more powerful test of the

P. R. Chandy; L. Paul Hsueh; Y. Angela Liu

1993-01-01

318

Spectral and network methods in the analysis of correlation matrices of stock returns  

NASA Astrophysics Data System (ADS)

Correlation matrices inferred from stock return time series contain information on the behaviour of the market, especially on clusters of highly correlating stocks. Here we study a subset of New York Stock Exchange (NYSE) traded stocks and compare three different methods of analysis: (i) spectral analysis, i.e. investigation of the eigenvalue-eigenvector pairs of the correlation matrix, (ii) asset trees, obtained by constructing the maximal spanning tree of the correlation matrix, and (iii) asset graphs, which are networks in which the strongest correlations are depicted as edges. We illustrate and discuss the localisation of the most significant modes of fluctuation, i.e. eigenvectors corresponding to the largest eigenvalues, on the asset trees and graphs.

Heimo, Tapio; Saramäki, Jari; Onnela, Jukka-Pekka; Kaski, Kimmo

2007-09-01

319

Large Daily Stock Variation Is Associated with Cardiovascular Mortality in Two Cities of Guangdong, China  

PubMed Central

Objective The current study aimed to examine the effects of daily change of the Shenzhen Stock Exchange Index on cardiovascular mortality in Guangzhou and Taishan, China. Methods Daily mortality and stock performance data during 2006–2010 were collected to construct the time series for the two cities. A distributed lag non-linear model was utilized to examine the effect of daily stock index changes on cardiovascular mortality after controlling for potential confounding factors. Results We observed a delayed non-linear effect of the stock index change on cardiovascular mortality: both rising and declining of the stock index were associated with increased cardiovascular deaths. In Guangzhou, the 15–25 lag days cumulative relative risk of an 800 index drop was 2.08 (95% CI: 1.38–3.14), and 2.38 (95% CI: 1.31–4.31) for an 800 stock index increase on the cardiovascular mortality, respectively. In Taishan, the cumulative relative risk over 15–25 days lag was 1.65 (95% CI: 1.13–2.42) for an 800 index drop and 2.08 (95% CI: 1.26–3.42) for an 800 index rising, respectively. Conclusions Large ups and downs in daily stock index might be important predictor of cardiovascular mortality.

Lin, Hualiang; Zhang, Yonghui; Xu, Yanjun; Liu, Tao; Xiao, Jianpeng; Luo, Yuan; Xu, Xiaojun; He, Yanhui; Ma, Wenjun

2013-01-01

320

Do corporations award CEO stock options effectively?  

Microsoft Academic Search

This paper analyzes stock option awards to CEOs of 792 U.S. public corporations between 1984 and 1991. Using a Black-Scholes approach, I test whether stock options' performance incentives have significant associations with explanatory variables related to agency cost reduction. Further tests examine whether the mix of compensation between stock options and cash pay can be explained by corporate liquidity, tax

David Yermack

1995-01-01

321

Consumption, Aggregate Wealth and Expected Stock Returns  

Microsoft Academic Search

This paper studies the role of detrended wealth in predicting stock returns. We call a transitory movement in wealth one that produces a deviation from its shared trend with consumption and labor income. Using quarterly stock market data we find that these trend deviations in wealth are strong predictors of both real stock returns and excess returns over a Treasury

Sydney Ludvigson

1999-01-01

322

Selecting the Optimum Army Stock Fund Structure.  

National Technical Information Service (NTIS)

The Department of Defense (DoD) Stock funds are working capital (revolving) funds used to finance the stock levels of most consumable and reparable items. These stock funds buy materiel from commercial vendors, and their funds are replenished by sales of ...

C. W. Shockley R. W. Parker D. M. Clark W. H. Horn

1991-01-01

323

Stock Markets, Growth, and Tax Policy  

Microsoft Academic Search

An extensive literature documents the role of financial markets in economic development. To help explain this relationship, this paper constructs an endogenous growth model in which a stock market emerges to allocate risk and explores how the stock market alters investment incentives in ways that change steady state growth rates. The paper demonstrates that stock markets accelerate growth by (1)

Ross Levine

1991-01-01

324

27 CFR 24.217 - Vinegar stock.  

Code of Federal Regulations, 2010 CFR

...Firearms 1 2010-04-01 2010-04-01 false Vinegar stock. 24.217 Section 24.217 Alcohol...Production of Other Than Standard Wine § 24.217 Vinegar stock. Vinegar stock may be produced on bonded wine...

2010-04-01

325

27 CFR 24.217 - Vinegar stock.  

Code of Federal Regulations, 2010 CFR

...Firearms 1 2009-04-01 2009-04-01 false Vinegar stock. 24.217 Section 24.217 Alcohol...Production of Other Than Standard Wine § 24.217 Vinegar stock. Vinegar stock may be produced on bonded wine...

2009-04-01

326

The operating performance of preferred stock issuers  

Microsoft Academic Search

We examine the operating performance of preferred stock issuers using the sample of preferred stock issues during 1991–2000. We find the median profit margin and Return On Assets (ROA) of the preferred stock issuers deteriorate until the year of preferred issuance, hit the bottom in the year of issuance and gradually recover after the issue. Our finding is in contrast

Hongbok Lee; Don T. Johnson

2009-01-01

327

Establishing safety stocks for master production schedules  

Microsoft Academic Search

The basic master production scheduling problem assumes that periodic demands are known with certainty. Uncertainty in the forecasts arc typically accommodated afterwards by adding safety stocks to a schedule. Two popular methods for establishing safety stocks are: (1) the constant cycle service level method; and (2) the constant safety stock method. This paper outlines these methods and then develops a

GERARD M. CAMPBELL

1995-01-01

328

Stock Markets, Banks, and Economic Growth  

Microsoft Academic Search

Do well-functioning stock markets and banks promote long-run economic growth? This paper shows that stock market liquidity and banking development both positively predict growth, capital accumulation, and productivity improvements when entered together in regressions, even after controlling for economic and political factors. The results are consistent with the views that financial markets provide important services for growth and that stock

Ross Levine; Sara Zervos

1998-01-01

329

26 CFR 1.356-7 - Rules for treatment of nonqualified preferred stock and other preferred stock received in certain...  

Code of Federal Regulations, 2013 CFR

...false Rules for treatment of nonqualified preferred stock and other preferred stock received in certain transactions. 1.356-7...356-7 Rules for treatment of nonqualified preferred stock and other preferred stock received in...

2013-04-01

330

26 CFR 1.356-7 - Rules for treatment of nonqualified preferred stock and other preferred stock received in certain...  

Code of Federal Regulations, 2010 CFR

...false Rules for treatment of nonqualified preferred stock and other preferred stock received in certain transactions. 1.356-7...356-7 Rules for treatment of nonqualified preferred stock and other preferred stock received in...

2009-04-01

331

26 CFR 1.356-7 - Rules for treatment of nonqualified preferred stock and other preferred stock received in certain...  

Code of Federal Regulations, 2010 CFR

...false Rules for treatment of nonqualified preferred stock and other preferred stock received in certain transactions. 1.356-7...356-7 Rules for treatment of nonqualified preferred stock and other preferred stock received in...

2010-04-01

332

Dynamic Cycling of Barium in Marine Sediments: A Case study From a Gas Hydrate Potential Region Offshore Southwestern Taiwan  

Microsoft Academic Search

The dissociation and dissolution of gas hydrate in marine sediments affects importantly of Ba and methane cycle. Three piston cores, MD052911, MD052912 and MD052913, collected during Marion Dufresne cruise from a potential gas hydrate area offshore southwestern Taiwan, were used for dissolved SO42- and Ba2+ analyses in pore waters, as well as exchangeable Ba2+ in sediments, to study hydrate gas

S. Wu; C. You

2007-01-01

333

Legal insider trading and stock market reaction: evidence from the Netherlands  

Microsoft Academic Search

This paper provides an analysis of legal insider trading on the Euronext Amsterdam stock exchange by using data published in the register held by the AFM, the dutch financial markets authority. The sample includes 822 transactions executed by corporate insiders between the beginning of January 1999 and the end of September 2005. Our analysis shows that the financial markets' response

Nihat AKTAS; Eric DE BODT; Jan DE SMEDT; Ilham RIACHI

2007-01-01

334

Brief Introduction to Technology Education in Taiwan  

ERIC Educational Resources Information Center

Technology Education at both elementary and secondary schools levels has become an important means to develop technological literacy for all. In Taiwan, Living Technology (LT) is offered at both elementary and secondary school levels in order to improve technological literacy of the public. This brief introduction presents the national status of…

Lee, Lung-Sheng; Wang, Shin Ting; Wang, Buddy; Ko, Jerome; Wang, Ching Hsiang; He, Chi Chun; Wu, Hsiao Liang; Lu, Nancy; Shen, Yuoh Ching; Lin, Ran long; Ling, Yung Shun; Chang, Ming Chieh; Chen, Te Jen; Fong, Sha Zon; Huang, Chiung

2004-01-01

335

Leptospira Canicola Isolated from Dogs in Taiwan.  

National Technical Information Service (NTIS)

Isolation of L. canicola from two dogs establishes a source of L. canicola in Taiwan. Two isolates were obtained by direct culture of specimens of kidney and urine and by inoculating guinea pigs with 10 percent kidney suspension. Identification of the two...

C. C. Tsai J. W. Fresh

1969-01-01

336

Characteristics of Medical Waste in Taiwan  

Microsoft Academic Search

The purpose of this study was threefold: to investigate the types and amounts of medical waste from various hospitals in Taiwan; to analyze residues from incinerated medical waste for heavy metal content; and to measure the amount of infectious and general medical waste per bed per day and determine the ratio of infectious to general medical waste. Information was first

Hsien-Wen Kuo; Shu-Lung Shu; Chin-Chung Wu; Jim-SHoung Lai

1999-01-01

337

Bioenergy from landfill gas (LFG) in Taiwan  

Microsoft Academic Search

Greenhouse gases (GHGs) emissions are becoming significant energy and environmental issues relating to municipal solid waste (MSW) deposited in landfills in Taiwan. The nation, although not a Party to the Montreal Protocol and Kyoto Protocol, has diligently striven to mitigate and phase out them. The landfill gas (LFG), which is now considered as a renewable energy with emphasis on electricity

W. T. Tsai

2007-01-01

338

Leptospirosis in Man and Rodents on Taiwan.  

National Technical Information Service (NTIS)

A survey for leptospirosis in man and wild rodents in Taiwan, by serologic and cultural techniques, is presented. Of 586 rodents studied, (6.48%) were positive by the macroscopic slide-agglutination test, and 20 were positive by culture. (Author)

J. W. Fresh C. C. Tsai C. H. Lai C. T. Chang

1968-01-01

339

Public acceptance of nuclear power in Taiwan  

Microsoft Academic Search

It is necessary to reach the public acceptance for nuclear power development program. During the process of the application for the approval from the government to implement the Fourth Nuclear Power Plant program in Taiwan, we initialized a series of communication program in the last two years and are expecting to convince the public that to develops nuclear power is

Liao; T. T. L

1992-01-01

340

Women's Aspirations for Graduate Education in Taiwan  

ERIC Educational Resources Information Center

This study investigates female undergraduates' aspirations for master's and doctoral degree programs in Taiwan's universalized and stratified higher education system. It considers the potential effects of economic prospects, parental attitudes, and gender values. First, graduate education is perceived as a means to enhance one's comparative…

Lin, Meng-Jie

2011-01-01

341

Large earthquakes and crustal deformation near Taiwan  

Microsoft Academic Search

Source parameters of 15 large (mb>=6) earthquakes which occurred near Taiwan during the last 25 years are determined by synthetic seismogram analysis of teleseismic P and S waveforms. Source depths range from 13 to 88 km. Three earthquakes of intermediate depth are located within the southernmost limit of the Ryukyu arc and show thrust-type mechanisms with T axes subparallel to

Silvio K. Pezzopane; Steven G. Wesnousky

1989-01-01

342

The application of baghouse fines in Taiwan  

Microsoft Academic Search

Strict environmental regulations in Taiwan require baghouse fines (BHFs) to be collected during hot mix asphalt production. In an attempt to utilize this byproduct, baghouse fines have been incorporated into asphalt concrete mixtures, which were applied to county roads and other light traffic roads despite a lack of research. This study examines 14 types of fines, including 9 baghouse fines,

Deng-Fong Lin; Jyh-Dong Lin; Shun-Hsing Chen

2006-01-01

343

Recent Beach Restoration Projects in Taiwan  

Microsoft Academic Search

Similar to many places in the world, Taiwan's coastlines have experienced short term beach erosion arising from awesome waves and storm surges which have aggravated the long term erosion caused by various man-made factors. To combat beach erosion, hard structures using seawalls more than 500 km with protective precast concrete blocks have been installed throughout the island since the 1970s.

John R. C. Hsu; Melissa M. J. Yu; Shue-Ruey Liaw; Jyh-Cheng Chu; Chien-Chung Chen; Nan-Jing Wu

344

Current Status of Antimicrobial Resistance in Taiwan  

Microsoft Academic Search

While some trends in antimicrobial resistance rates are universal, others appear to be unique for specific regions. In Taiwan, the strikingly high prevalence of resistance to macrolides and streptogramin in clinical isolates of gram-positive bacteria correlates with the widespread use of these agents in the medical and farming communities, respectively. The relatively low rate of enterococci that are resistant to

Po-Ren Hsueh; Cheng-Yi Liu; Kwen-Tay Luh

2002-01-01

345

Great Expectations: Teaching and Learning in Taiwan  

ERIC Educational Resources Information Center

The author recounts his experience as a Fulbright Scholar in the Department of Special Education at National Changhua University of Education (NCUE) in Changhua, Taiwan, during the fall of 2003. Several aspects of his experience are highlighted, including teaching foreign college students, learning Mandarin, conducting workshops, and consulting…

Miller, Kevin J.

2005-01-01

346

Staphylococcal Cassette Chromosome mec in MRSA, Taiwan  

Microsoft Academic Search

To determine the predominant staphylococcal cassette chromosome (SCC) mec element in methicillin-resistant Staphylococcus aureus, we typed 190 isolates from a hos- pital in Taiwan. We found a shift from type IV to type III SCCmec element during 1992-2003, perhaps caused by selective pressure from indiscriminate use of antimicrobial drugs.

Jann-Tay Wang; Chi-Tai Fang; Yee-Chun Chen; Chia-Ling Wu; Mei-Ling Chen; Shan-Chwen Chang

2007-01-01

347

An Inquiry into Teacher Concerns in Taiwan.  

ERIC Educational Resources Information Center

This study identified concerns of teachers in Taiwan and contrasted concerns of these teachers with the 56 concerns which comprise the Teacher Concerns Checklist (TCC), Form B, developed in the United States. A total of 294 teachers (155 preservice teachers and 139 inservice teachers) completed a Chinese version of the Survey of Teacher Concerns.…

Chen, Yih-fen; Reeves, Carolyn

348

Increasing Ceftriaxone Resistance in Salmonellae, Taiwan  

PubMed Central

In Taiwan, despite a substantial decline of Salmonella enterica serotype Choleraesuis infections, strains resistant to ciprofloxacin and ceftriaxone persist. A self-transferable blaCMY-2-harboring IncI1 plasmid was identified in S. enterica serotypes Choleraesuis, Typhimurium, Agona, and Enteritidis and contributed to the overall increase of ceftriaxone resistance in salmonellae.

Su, Lin-Hui; Teng, Wen-Shin; Chen, Chyi-Liang; Lee, Hao-Yuan; Li, Hsin-Chieh; Wu, Tsu-Lan

2011-01-01

349

No Aboriginal Students left Behind in Taiwan  

ERIC Educational Resources Information Center

The project is motivated by Taiwan's huge gap of educational levels between the aborigines and the Hans. The low achievement of aboriginal students lies in factors related to problems in finance, health, and cultural difference, which contribute to their sense of self-deprecation. The purpose of the project is to provide early intervention and…

Wu, Sue-Jen; Hartzler-Miller, Cynthia

2005-01-01

350

Language Skills and Status Attainment in Taiwan  

ERIC Educational Resources Information Center

This article addresses the importance of language underlying the stratification process in Taiwan within the context of globalization. Specifically, I ask if one's language skills may serve as a key to getting ahead. The Taiwanese government has imposed Mandarin as the official language since 1945 and introduced English courses into compulsory…

Tsai, Shu-Ling

2010-01-01

351

The Quality of Life in Taiwan  

ERIC Educational Resources Information Center

The AsiaBarometer survey of 1,006 respondents shows that in Taiwan, people have access to modern utilities and digital media, signs of materialistic achievement, and yet are more concerned with physical security and financial safety than with personal growth. Regardless of their demographic backgrounds and value priorities, the Taiwanese, like…

Yao, Grace; Cheng, Yen-Pi; Cheng, Chiao-Pi

2009-01-01

352

Studies of Trachoma in Families on Taiwan.  

National Technical Information Service (NTIS)

A group of families who live in a formerly trachoma hyperendemic area of Southern Taiwan were placed under continuous surveillance. Four years' study of one group of families and three years of another produced a number of interesting findings. Evidence i...

L. J. Yeh C. Y. Yang R. P. Beasley J. L. Gale S. P. Wang

1975-01-01

353

The effect of exchange-rate uncertainty on unemployment in three developing Asian countries: evidence from bivariate GARCH approach  

Microsoft Academic Search

This article proposes a nonlinear model of bivariate Generalized AutoRegressive Conditional Heteroscedasticity with mean (GARCH-in-Mean) to construct time-varying exchange-rate uncertainty and estimate the effects of exchange-rate uncertainty on unemployment in three developing Asian countries. The effect that increasing exchange-rate uncertainty has a positive but unobvious impact on unemployment is verified for Taiwan and Singapore. The shock of exchange-rate uncertainty provides

Shu-Chen Chang; Chung-Hua Shen

2011-01-01

354

Phage production and maintenance of stocks, including expected stock lifetimes.  

PubMed

In microbiology, preservation of an archival stock or a "master stock" of a given microorganism is essential for many reasons including scientific research, conservation of the genetic resources and providing the foundation for several biotechnological processes. The objective is to preserve the initial characteristics of the microorganism and to avoid the genetic drift that occurs when the organism is maintained indefinitely in an actively growing state. The same holds true in phage biology and it is of particular interest when a collection of phages is to be maintained. The aim of this chapter is to provide phage biologists with general procedures to prepare and maintain bacteriophage stocks on a long-term basis. The protocols described below should be considered as general guidelines because although many phages and bacterial strains can be propagated and stored in these conditions, specific media and/or growth and storage conditions must be evaluated for each phage and bacterium. Since it was not the scope of this chapter to provide an exhaustive list of these particular conditions, we instead highlighted the main factors affecting phage amplification and storage. We hope this will help phage biologists to develop their own strategies for their preferred phages. PMID:19066823

Fortier, Louis-Charles; Moineau, Sylvain

2009-01-01

355

Online Investing: Surf the Stocks  

NSDL National Science Digital Library

Whether it be the meteoric rise in Internet company stocks or the President's plan to invest Social Security funds in the stock market, Wall Street is getting quite a bit of press these days. Another related story that has received a great deal of attention is the strong growth in online investing. This new CNET (last described in the November 6, 1998 Scout Report) topic center attempts to decipher all the buzz and present users with the information they need to decide whether or not online investing is for them. The site features four articles taking readers from the decision to invest to managing their online portfolios, online investing news, computer security tips and applications, investing downloads (PC only), and a selection of briefly annotated links to investment news and service sites.

356

78 FR 52213 - Certain Oil Country Tubular Goods From India, Korea, the Philippines, Saudi Arabia, Taiwan...  

Federal Register 2010, 2011, 2012, 2013

...Tubular Goods From India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand...of imports from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand...tubular goods from India, Korea, the Philippines, Saudi Arabia, Taiwan,...

2013-08-22

357

Taiwan-U.S. Relations: Recent Developments and Their Policy Implications. Updated January 7, 2009.  

National Technical Information Service (NTIS)

U.S.-Taiwan relations have undergone important changes, sparked in part by the increasing complexity of Taiwan's democratic political environment and the continued insistence of Beijing that the separately ruled Taiwan is a part of the People's Republic o...

K. Dumbaugh

2009-01-01

358

76 FR 76437 - Certain Welded Stainless Steel Pipe From Korea and Taiwan  

Federal Register 2010, 2011, 2012, 2013

...Review)] Certain Welded Stainless Steel Pipe From Korea and Taiwan Determination...orders on certain welded stainless steel pipe from Korea and Taiwan would be likely...entitled Certain Welded Stainless Steel Pipe from Korea and Taiwan,...

2011-12-07

359

Is the stock market efficient?  

PubMed

A stock market is said to be efficient if it accurately reflects all relevant information in determining security prices. Critics have asserted that share prices are far too volatile to be explained by changes in objective economic events-the October 1987 crash being a case in point. Although the evidence is not unambiguous, reports of the death of the efficient market hypothesis appear premature. PMID:17808264

Malkiel, B G

1989-03-10

360

Tick size and stock returns  

NASA Astrophysics Data System (ADS)

Tick size is an important aspect of the micro-structural level organization of financial markets. It is the smallest institutionally allowed price increment, has a direct bearing on the bid-ask spread, influences the strategy of trading order placement in electronic markets, affects the price formation mechanism, and appears to be related to the long-term memory of volatility clustering. In this paper we investigate the impact of tick size on stock returns. We start with a simple simulation to demonstrate how continuous returns become distorted after confining the price to a discrete grid governed by the tick size. We then move on to a novel experimental set-up that combines decimalization pilot programs and cross-listed stocks in New York and Toronto. This allows us to observe a set of stocks traded simultaneously under two different ticks while holding all security-specific characteristics fixed. We then study the normality of the return distributions and carry out fits to the chosen distribution models. Our empirical findings are somewhat mixed and in some cases appear to challenge the simulation results.

Onnela, Jukka-Pekka; Töyli, Juuso; Kaski, Kimmo

2009-02-01

361

Assessment of wind characteristics and wind turbine characteristics in Taiwan  

Microsoft Academic Search

Wind characteristics and wind turbine characteristics in Taiwan have been thoughtfully analyzed based on a long-term measured data source (1961–1999) of hourly mean wind speed at 25 meteorological stations across Taiwan. A two-stage procedure for estimating wind resource is proposed. The yearly wind speed distribution and wind power density for the entire Taiwan is firstly evaluated to provide annually spatial

Tsang-Jung Chang; Yu-Ting Wu; Hua-Yi Hsu; Chia-Ren Chu; Chun-Min Liao

2003-01-01

362

Earthquake Monitoring and Early Warning Systems in Taiwan (Invited)  

Microsoft Academic Search

The Taiwan region is characterized by a high shortening rate and a strong seismic activity. The Central Weather Bureau (CWB) is responsible for the earthquake monitoring in Taiwan. The CWB seismic network consists of 71 real-time short-period seismic stations in Taiwan region for routinely earthquake monitoring and has recorded about 18,000 events each year in a roughly 400 km x

Y. Wu

2010-01-01

363

Exchange Rate Exposure Elasticity of Korean Companies: Pre and Post-Economic Crisis Analysis  

Microsoft Academic Search

This paper examines the relationship between exchange rate movement and individual company's valuation, or exchange rate exposure, in a small open developing economy, specifically South Korea. This paper found that about 20% of the Korean companies stock performance are statistically significantly impacted by the exchange rate fluctuations. This paper also found that there were structural changes in the relationship between

Byung-Joo Lee

364

Exchange Rate Exposure of Korean Companies: Pre and Post-Economic Crisis Analysis  

Microsoft Academic Search

This paper examines the relationship between exchange rate movement and individual company's valuation, or exchange rate exposure, in a small open developing economy, specifically South Korea. This paper finds that about 20% of the Korean company's stock performance is statistically significantly impacted by the exchange rate fluctuations. This paper also finds that there is a structural change in the relationship

Byung-Joo Lee

2003-01-01

365

Intra-group and inter-group trading differentiation analysis: A new approach for detecting the effect of trading volume on stock market fluctuations  

NASA Astrophysics Data System (ADS)

Analyzing statistical properties of stock market data using statistical physics has received much attention from physicists and economists in recent years. Although some statistical characteristics of stock market data such as power-low tails of stock returns have become established fact, behavior of other related variables such as trading volume are less studied. In this paper, in order to examine the impact of trading volume on statistical properties of stock market returns, different trading behavior of different traders in Tehran Stock Exchange is analyzed. We define a new coefficient which measures the equilibrium between these different forces affecting the market at any given trading day. By adjusting market returns by this coefficient, we also assessed the impact of these forces on the statistical properties of stock market returns.

Bolgorian, Meysam

2011-11-01

366

DNA Barcoding of Shark Meats Identify Species Composition and CITES-Listed Species from the Markets in Taiwan  

PubMed Central

Background An increasing awareness of the vulnerability of sharks to exploitation by shark finning has contributed to a growing concern about an unsustainable shark fishery. Taiwan’s fleet has the 4th largest shark catch in the world, accounting for almost 6% of the global figures. Revealing the diversity of sharks consumed by Taiwanese is important in designing conservation plans. However, fins make up less than 5% of the total body weight of a shark, and their bodies are sold as filets in the market, making it difficult or impossible to identify species using morphological traits. Methods In the present study, we adopted a DNA barcoding technique using a 391-bp fragment of the mitochondrial cytochrome oxidase I (COI) gene to examine the diversity of shark filets and fins collected from markets and restaurants island-wide in Taiwan. Results Amongst the 548 tissue samples collected and sequenced, 20 major clusters were apparent by phylogenetic analyses, each of them containing individuals belonging to the same species (most with more than 95% bootstrap values), corresponding to 20 species of sharks. Additionally, Alopias pelagicus, Carcharhinus falciformis, Isurus oxyrinchus, and Prionace glauca consisted of 80% of the samples we collected, indicating that these species might be heavily consumed in Taiwan. Approximately 5% of the tissue samples used in this study were identified as species listed in CITES Appendix II, including two species of Sphyrna, C. longimanus and Carcharodon carcharias. Conclusion DNA barcoding provides an alternative method for understanding shark species composition when species-specific data is unavailable. Considering the global population decline, stock assessments of Appendix II species and highly consumed species are needed to accomplish the ultimate goal of shark conservation.

Liu, Shang-Yin Vanson; Chan, Chia-Ling Carynn; Lin, Oceana; Hu, Chieh-Shen; Chen, Chaolun Allen

2013-01-01

367

Mitochondrial DNA phylogeography of Semisulcospira libertina (Gastropoda: Cerithioidea: Pleuroceridae): implications the history of landform changes in Taiwan.  

PubMed

The mitochondrial DNA cytochrome c oxidase subunit I sequences from 95 specimens of Semisulcospira libertina in Taiwan were identified as two major phylogroups, exhibiting a southern and northern distribution, north of Formosa Bank and south of Miaoli Plateau. The genetic distance between these two phylogroups was 12.20 %, and the distances within-phylogroups were 4.97 and 5.56 %. According to a molecular clock of 1.56 % per lineage per million years, the divergence time between these two major phylogroups was estimated at 4.94 million years ago (mya), with the two phylogroups forming at 3.64 and 3.75 mya, respectively. Moreover, the geological events have suggested that Taiwan Island emerged above sea level at 4-5 mya, and became its present shape at 2 mya. These results suggested that these two phylogroups might originate from two independent ancestral populations or divergent before colonizing Taiwan. Within South phylogroup, the initial colonization was hypothesized to be in Kaoping River (WT), followed by its northward. The high divergence between south- and north of WT River was influenced by the formation of the Kaoping foreland basins. Within North phylogroup, the colonization was from central sub-region through paleo-Miaoli Plateau to northern and northeastern sub-regions. This study showed that the landform changes might have shaped the genetic structure of S. libertina in concert. Apparently, two cryptic species or five different genetic stocks of S. libertina could be identified; these results are useful for the evaluation and conservation of S. libertina in Taiwan. PMID:24584517

Hsu, Kui-Ching; Bor, Hor; Lin, Hung-Du; Kuo, Po-Hsun; Tan, Mian-Shin; Chiu, Yuh-Wen

2014-06-01

368

Dynamic Evolution of Cross-Correlations in the Chinese Stock Market  

PubMed Central

The analysis of cross-correlations is extensively applied for the understanding of interconnections in stock markets and the portfolio risk estimation. Current studies of correlations in Chinese market mainly focus on the static correlations between return series, and this calls for an urgent need to investigate their dynamic correlations. Our study aims to reveal the dynamic evolution of cross-correlations in the Chinese stock market, and offer an exact interpretation for the evolution behavior. The correlation matrices constructed from the return series of 367 A-share stocks traded on the Shanghai Stock Exchange from January 4, 1999 to December 30, 2011 are calculated over a moving window with a size of 400 days. The evolutions of the statistical properties of the correlation coefficients, eigenvalues, and eigenvectors of the correlation matrices are carefully analyzed. We find that the stock correlations are significantly increased in the periods of two market crashes in 2001 and 2008, during which only five eigenvalues significantly deviate from the random correlation matrix, and the systemic risk is higher in these volatile periods than calm periods. By investigating the significant contributors of the deviating eigenvectors in different time periods, we observe a dynamic evolution behavior in business sectors such as IT, electronics, and real estate, which lead the rise (drop) before (after) the crashes. Our results provide new perspectives for the understanding of the dynamic evolution of cross-correlations in the Chines stock markets, and the result of risk estimation is valuable for the application of risk management.

Ren, Fei; Zhou, Wei-Xing

2014-01-01

369

Dynamic evolution of cross-correlations in the chinese stock market.  

PubMed

The analysis of cross-correlations is extensively applied for the understanding of interconnections in stock markets and the portfolio risk estimation. Current studies of correlations in Chinese market mainly focus on the static correlations between return series, and this calls for an urgent need to investigate their dynamic correlations. Our study aims to reveal the dynamic evolution of cross-correlations in the Chinese stock market, and offer an exact interpretation for the evolution behavior. The correlation matrices constructed from the return series of 367 A-share stocks traded on the Shanghai Stock Exchange from January 4, 1999 to December 30, 2011 are calculated over a moving window with a size of 400 days. The evolutions of the statistical properties of the correlation coefficients, eigenvalues, and eigenvectors of the correlation matrices are carefully analyzed. We find that the stock correlations are significantly increased in the periods of two market crashes in 2001 and 2008, during which only five eigenvalues significantly deviate from the random correlation matrix, and the systemic risk is higher in these volatile periods than calm periods. By investigating the significant contributors of the deviating eigenvectors in different time periods, we observe a dynamic evolution behavior in business sectors such as IT, electronics, and real estate, which lead the rise (drop) before (after) the crashes. Our results provide new perspectives for the understanding of the dynamic evolution of cross-correlations in the Chines stock markets, and the result of risk estimation is valuable for the application of risk management. PMID:24867071

Ren, Fei; Zhou, Wei-Xing

2014-01-01

370

ION EXCHANGE  

EPA Science Inventory

The IONEX program's name is a contraction of "ion exchange." The IONEX program performs calculations related to removing radium and/or uranium from water with the ion exchange process. IONEX provides a quick method of calculating whether a proposed ion exchange process will m...

371

Further considerations of evaluation competencies in Taiwan.  

PubMed

A list of evaluator competencies (Stevahn, King, Ghere, & Minnema, 2005) was adapted to fit the Taiwanese context by Lee, Altschuld, & Lee (2012). It was studied as to how it generalized to a large sample in Taiwan. Likert and Fuzzy surveys with needs assessment formats (importance and competence) were mailed via random assignment to two groups of participants. The questions for the study were: do the modified competencies relate country-wide to Taiwan, did the investigation uncover training needs for evaluators, and were there convergent rating patterns across the two forms of the instrument? The results supported a fit of the modified competencies to the context and convergent validity was observed but strong competency needs were not apparent. Reasons for the findings and implications for future research are discussed. PMID:23856505

Lee, Yi-Fang; Altschuld, James W; Lee, Lung-Sheng Steven

2013-12-01

372

Exploring topographic steady-state in Taiwan  

NSDL National Science Digital Library

This activity is designed as both an introduction to GIS and an exploration of topographic steady-state. Students analyze DEMs from Taiwan to extract topographic profiles across the range. They reconstruct a series of datasets presented in Stolar et al., (2007), showing the progression of the range to steady-state as a space-for-time substitution from south to north. Students are expected to relate their observations from the topography to theoretical concepts discussed in class including accretion and uplift, steady-state, and critical wedge theory. An extension involves developing a simple numerical model in Excel of a mountain range as it progresses to topographic steady-state landscape, allowing students to investigate the rise of a mountain range to steady-state both from Taiwan data and from their numerical model.

Gran, Karen

373

SARS in Healthcare Facilities, Toronto and Taiwan  

PubMed Central

The healthcare setting was important in the early spread of severe acute respiratory syndrome (SARS) in both Toronto and Taiwan. Healthcare workers, patients, and visitors were at increased risk for infection. Nonetheless, the ability of individual SARS patients to transmit disease was quite variable. Unrecognized SARS case-patients were a primary source of transmission and early detection and intervention were important to limit spread. Strict adherence to infection control precautions was essential in containing outbreaks. In addition, grouping patients into cohorts and limiting access to SARS patients minimized exposure opportunities. Given the difficulty in implementing several of these measures, controls were frequently adapted to the acuity of SARS care and level of transmission within facilities. Although these conclusions are based only on a retrospective analysis of events, applying the experiences of Toronto and Taiwan to SARS preparedness planning efforts will likely minimize future transmission within healthcare facilities.

Simor, Andrew E.; Su, Ih-Jen; Maloney, Susan; Ofner, Marianna; Chen, Kow-Tong; Lando, James F.; McGeer, Allison; Lee, Min-Ling; Jernigan, Daniel B.

2004-01-01

374

Alternative Models For Conditional Stock Volatility  

Microsoft Academic Search

This paper compares several statistical models for monthly stock return volatility. The focus is on U.S. data from 1834-19:5 because the post-1926 data have been analyzed in more detail by others. Also, the Great Depression had levels of stock volatility that are inconsistent with stationary models for conditional heteroskedasticity, We show the importance of nonlinearities in stock return behavior that

Adrian R. Pagan; G. William Schwert

1990-01-01

375

Consumption, Aggregate Wealth, and Expected Stock Returns  

Microsoft Academic Search

This paper studies the role of fluctuations in the aggregate consumption-wealth ratio for predicting stock returns. Using U.S. quarterly stock market data, we find that these fluctuations in the consumption-wealth ratio are strong predictors of both real stock returns and excess returns over a Treasury bill rate. We also find that this variable is a better forecaster of future returns

Martin Lettau; Sydney Ludvigson

2001-01-01

376

The Motley Fool: How to Value Stocks  

NSDL National Science Digital Library

The recent educational series How to Value Stocks from the Motley Fool (described in the September 11, 1998 Scout Report) looks at "potential ways to value a company's shares" and "methods to determine whether or not a stock is undervalued." Articles explore balance sheets, net worth, and security analysis, and the Online PEGulator helps readers figure out the Fool Ratio or PEG -- a stock's P/E ratio in relation to its company's growth rate.

377

What Determines Stock Price Synchronicity in REITs?  

Microsoft Academic Search

This paper studies the behavior of REIT stock price synchronicity for the years 1997 through 2006. Theory suggests that REIT\\u000a stock prices should be largely independent of market changes; and, at the very least, REITs should have a low covariance with\\u000a other assets, including other REIT stocks. The evidence presented below does not support this view. Instead, synchronicity\\u000a appears to

Richard Chung; Scott Fung; James D. Shilling; Tammie X. Simmons-Mosley

2011-01-01

378

Excess mortality of psychiatric inpatients in Taiwan  

Microsoft Academic Search

The 6-year mortality rate of a nation-wide cohort of Taiwanese psychiatric inpatients admitted during the 1-year period from 1987 to 1988 was examined via record linkage. The psychiatric care system in Taiwan is mainly hospital-based. Of the 13 385 patients studied (9309 men and 4076 women), 2039 (1720 men and 319 women) had died by the nd of 1993. The

Wei J. Chen; Yu-Jing Huang; Ling-Ling Yeh; Hsien Rin; Hai-Gwo Hwu

1996-01-01

379

Sources of water in the Taiwan Strait  

Microsoft Academic Search

The conveyor of the source water that feeds into the Taiwan Strait (TS), particularly from the south, is investigated using\\u000a historical CTD (Conductivity-Temperature-Depth) data and a North Pacific Ocean and East Asian seas coupled model. The modeled\\u000a currents and drifter trajectories suggest that the Kuroshio Branch Water (KBW) rarely flows directly into the TS from the\\u000a Luzon Strait (LS) in

Sen Jan; Yu-Heng Tseng; David E. Dietrich

2010-01-01

380

Increasing market efficiency: Evolution of cross-correlations of stock returns  

NASA Astrophysics Data System (ADS)

We analyse the temporal changes in the cross-correlations of returns on the New York Stock Exchange. We show that lead-lag relationships between daily returns of stocks vanished in less than 20 years. We have found that even for high-frequency data the asymmetry of time-dependent cross-correlation functions has a decreasing tendency, the position of their peaks is shifted towards the origin while these peaks become sharper and higher, resulting in a diminution of the Epps effect. All these findings indicate that the market becomes increasingly efficient.

Tóth, Bence; Kertész, János

2006-02-01

381

Quantifying bid-ask spreads in the Chinese stock market using limit-order book data  

Microsoft Academic Search

.  The statistical properties of the bid-ask spread of a\\u000a frequently traded Chinese stock listed on the Shenzhen Stock\\u000a Exchange are investigated using the limit-order book data. Three\\u000a different definitions of spread are considered based on the time\\u000a right before transactions, the time whenever the highest buying\\u000a price or the lowest selling price changes, and a fixed time\\u000a interval. The results

Gao-Feng Gu; Wei Chen; Wei-Xing Zhou

2007-01-01

382

OBS development and data analysis in Taiwan  

NASA Astrophysics Data System (ADS)

Since 1991 there have been various types of ocean bottom seismometers (OBS) deployed in the waters around Taiwan with different scientific goals. A few years of experiences taught us that many aspects of the instruments can be improved without too much effort. These include extension of deployment time, extension of the recording bandwidth of a short period OBS, and more flexibly to accommodate scientific demands without instrumental overhaul. Scientists will not burden themselves by these tasks, and sending back the instrument to original manufactory for modifications is usually impractical budget-wise, in timeline, and for mission goals. It is thus necessary to develop a sustainable OBS program in Taiwan. Academia Sinica has been collaborating with Taiwan Ocean Research Institute (TORI) and National Sun Yat-sen University (NSYSU) to build a new short-period OBS which has passed a series of tests and have been deployed in the Okinawa trough, Bashi channel, east Korea offshore and on service in Huatung basin. This paper describes the design goal of this OBS, component specification, and reports the preliminary analyses of data and the future directions of instrument development. Keywords: Ocean bottom seismometer, OBS

Lin, C.; Wang, C.; Chen, P.; Chang, H.; Jang, J.; Kuo, B.

2012-12-01

383

76 FR 32000 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Order Granting...  

Federal Register 2010, 2011, 2012, 2013

...Individual Stock Based Volatility Indexes and Exchange-Traded Fund Based Volatility Indexes May 26, 2011. On March...proposed rule's impact on efficiency, competition, and capital...that trade options on Vol Indexes will also be subject...

2011-06-02

384

78 FR 17452 - Self-Regulatory Organizations; Chicago Board Options Exchange, Incorporated; Notice of Filing and...  

Federal Register 2010, 2011, 2012, 2013

...which references Exchange Rule 6.3C, ``Individual Stock...current halts in the proposed Rule, TPHs will more fully understand which rules are applicable. For more...language to newly proposed Rule 52.15(c) to alert...

2013-03-21

385

Growth or Glamour? Fundamentals and Systematic Risk in Stock Returns  

Microsoft Academic Search

The cash flows of growth stocks are particularly sensitive to temporary movements in aggregate stock prices (driven by movements in the equity risk premium), while the cash flows of value stocks are particularly sensitive to permanent movements in aggregate stock prices (driven by market-wide shocks to cash flows.) Thus the high betas of growth stocks with the market's discount-rate shocks,

John Y. Campbell; Christopher Polk; Tuomo Vuolteenaho

2005-01-01

386

A taxonomy of green supply chain management capability among electronics-related manufacturing firms in Taiwan.  

PubMed

This study investigated crucial green supply chain management (GSCM) capability dimensions and firm performance based on electronics-related manufacturing firms in Taiwan. On the basis of a factor analysis, six green supply chain management dimensions were identified: green manufacturing and packaging, environmental participation, green marketing, green suppliers, green stock, and green eco-design. According to their factor scores in the GSCM dimensions, a cluster analysis subsequently assigned responding firms into four groups, namely, the weak GSCM oriented group, the green marketing oriented group, the green supplier oriented group, and the green stock oriented group. Differences in firm performance and GSCM dimensions among groups were examined. Results indicated that the green marketing oriented group performed best. Based on the resource-based view (RBV), the capability of the green marketing oriented group was considered to be the deployment of a collection of resources that enables it to successfully compete against rivals. The importance of green marketing as a GSCM capability and strategic asset/critical resources for electronics-related manufacturing firms to obtain a competitive edge is therefore highlighted in this study. PMID:20181423

Shang, Kuo-Chung; Lu, Chin-Shan; Li, Shaorui

2010-05-01

387

Insider Trading Effects on Stock Returns around Open-Market Stock Repurchase Announcements: An Empirical Study  

Microsoft Academic Search

In this paper we empirically examine the effects of insider trading activities, the percentage of common shares outstanding authorized for repurchase, and management ownership on stock returns around open-market stock repurchase announcements. The study is conducted on a sample of 204 firms that announced open-market stock repurchases between 1982 and 1990. Results show that insider trading activities during the month

Elias Raad; H K Wu

1995-01-01

388

Does corporate governance affect stock liquidity in the Tunisian Stock Market?  

Microsoft Academic Search

The aim of the current paper is to study the link between the effects of corporate governance on information asymmetry problems and stock liquidity in the Tunisian Stock Market. We use a sample of 49 Tunisian firms listed between 1998 and 2007. Our results show that corporate governance has direct and indirect effects on stock liquidity. Threat of expropriation exerted

Nadia Loukil; Ouidad Yousfi

2010-01-01

389

Current outlook of infectious diseases in Taiwan.  

PubMed

The "emerging" infectious diseases have received global attention. Taiwan is a country which is going through the process of becoming "developed" from being "developing". If we compare five leading causes of death in 1952 and in 1993, three were infectious diseases in 1952 and there was none in 1993. And yet today, infectious diseases remain a major problem in this country as well in every country in the world, whether developing or developed. Some of the problems Taiwan faces are old problems with old faces. They have never been adequately solved because the societal and environmental sanitary infrastructure does not ensure proper sewage disposal, safe potable water and freedom from dangerous vectors. Examples are the diarrheal diseases, parasitic diseases, scrub typhus and Japanese encephalitis. Some of the Taiwan's problems are caused by old agents which present a new face. Mortality from tuberculosis took a dramatic and gratifying plunge in the last fifty years. Yet tuberculosis is ever present and a constant public health threat. Dengue has become a problem again because of a world breakdown in the control of the mosquito, Aedes egypti, and it is partly contributed to by increased urbanization and world travel. The problem of antibiotic resistant bacteria causing hospital acquired and community acquired infections is probably the most serious "new" problem. The most important cause is excessive and indiscriminate use of antibiotics in the community and in hospitals. We propose the establishment of "Bacterial Infections Reference Laboratory" at the National Health Research Institutes to be a national facility to study the epidemiology and control of antibiotic resistance. All infectious diseases require a rigorous system of surveillance, and precise etiological diagnosis before they can be treated or prevented. This should be kept clearly in mind when one considers the changing role of the infectious disease physician in Taiwan in the face of unsolved disease problems and a new health care system. There is inadequate attention to precise microbiological definition of most infectious diseases in Taiwan. The community of infectious disease specialists may well redirect its attention to improving the competence and utilization of microbiological laboratory diagnosis. PMID:10596983

Ho, M

1998-06-01

390

Effects of Stocking Rate, Stocking Size, and Angler Catch Inequality on Exploitation of Stocked Channel Catfish in Small Missouri Impoundments  

Microsoft Academic Search

Put–grow–take fisheries for channel catfish Ictalurus punctatus provide popular sport fisheries in many small impoundments and lakes throughout the United States. These fisheries are costly to maintain because the fish that are stocked are usually large fingerlings (>175 mm total length). Given the substantial fiscal and human resources required, it is important that these stockings contribute to the fishery. We

Paul H. Michaletz; Michael J. Wallendorf; Dean M. Nicks

2008-01-01

391

The alarming decline of mediterranean fish stocks.  

PubMed

In recent years, fisheries management has succeeded in stabilizing and even improving the state of many global fisheries resources [1-5]. This is particularly evident in areas where stocks are exploited in compliance with scientific advice and strong institutional structures are in place [1, 5]. In Europe, the well-managed northeast (NE) Atlantic fish stocks have been recovering in response to decreasing fishing pressure over the past decade [3-6], albeit with a long way to go for a universal stock rebuild [3, 7]. Meanwhile, little is known about the temporal development of the European Mediterranean stocks, whose management relies on input controls that are often poorly enforced. Here, we perform a meta-analysis of 42 European Mediterranean stocks of nine species in 1990-2010, showing that exploitation rate has been steadily increasing, selectivity (proportional exploitation of juveniles) has been deteriorating, and stocks have been shrinking. We implement species-specific simulation models to quantify changes in exploitation rate and selectivity that would maximize long-term yields and halt stock depletion. We show that stocks would be more resilient to fishing and produce higher long-term yields if harvested a few years after maturation because current selectivity is far from optimal, especially for demersal stocks. The European Common Fisheries Policy that has assisted in improving the state of NE Atlantic fish stocks in the past 10 years has failed to deliver similar results for Mediterranean stocks managed under the same policy. Limiting juvenile exploitation, advancing management plans, and strengthening compliance, control, and enforcement could promote fisheries sustainability in the Mediterranean. PMID:25017210

Vasilakopoulos, Paraskevas; Maravelias, Christos D; Tserpes, George

2014-07-21

392

An empirical investigation of the influence of safety climate on organizational citizenship behavior in Taiwan's facilities.  

PubMed

Although the social exchange relationships between employers and employees are increasingly important to the performance of safety management systems, the psychological effects of work attitudes on this relationship have been less studied. Using a sample of first-line operators and their supervisors from 188 facilities in Taiwan which had Occupational Health and Safety Assessment Series 18000 (OHSAS 18000) certification, the current research conducted an empirical investigation of the influence of safety climate on organizational citizenship behavior (OCB). Work attitude was used to disclose the psychological effect. Research results indicated that (a) safety climate was a significant predicator of OCB, (b) the psychological effect significantly influenced social exchange relationships, and (c) job satisfaction showed a stronger mediating influence than organizational commitment due to the frequent top management turnover. Discussions and implications are also addressed. PMID:17888235

Lee, Tzai-Zang; Wu, Chien-Hsing; Hong, Chih-Wei

2007-01-01

393

Active deformation of Taiwan from GPS measurements and numerical simulations  

Microsoft Academic Search

Using a two-dimensional distinct element model, we evaluate the relationships between plate kinematics and present-day deformation in Taiwan where active collision occurs. In particular, the distribution of velocity fields calculated in our models is compared with the actual velocity field revealed by the most recent geodetic data (GPS) obtained in Taiwan and the surrounding islands of the Philippine Sea plate

Jyr-Ching Hu; Shui-Beih Yu; Jacques Angelier; Hao-Tsu Chu

2001-01-01

394

Negotiating for Change: Women's Movements and Education Reform in Taiwan  

ERIC Educational Resources Information Center

The dramatic changes during the past 20 years in Taiwan offer a good example of how gender policy in education is facilitated by a combination of interrelated economic, political and social forces. Taiwan's policy on gender education emerged from the interaction of state, education, academic and non-academic feminist positions in reforms. This…

Lee, Shu-Ching

2011-01-01

395

Influenza in Taiwan: seasonality and vaccine strain match  

Microsoft Academic Search

This article explores seasonality, epidemiology and dominant epidemic strains of influenza in Taiwan. Surveillance in Taiwan demonstrates that influenza is a disease which occurs throughout the year but has peak activity in winter. Due to the high mutability of influenza virus, effective vaccination is the best strategy for protection. Although the World Health Organization-recommended vaccine compositions usually matched with around

Yu-Chia Hsieh; Jer-Jea Yen; Ding-Ping Liu; Luan-Yin Chang; Chun-Yi Lu; Pei-Lan Shao; Chin-Yun Lee; Li-Min Huang

2005-01-01

396

Humoral and cellular immune response after measles vaccination in Taiwan  

Microsoft Academic Search

Measles immunoglobulin G (IgG) seroepidemiologic studies have been widely used to monitor the effectiveness of measles immunization programs in Taiwan. However, studies about cellular immunity against the measles virus have been lacking. This study surveyed cellular immunity after measles, mumps and rubella combined vaccine (MMR) immunization in Taiwan. Seventy six people between 1 and 80 years of age were enrolled.

Chou-Lang Huang; Yao-Hsu Yang; Li-Chieh Wang; Yu-Tsan Lin; Yu-Yuan Tsai; Bor-Luen Chiang

397

The operating efficiency of international tourist hotels in Taiwan  

Microsoft Academic Search

This study evaluates the operating efficiency of international tourist hotels in Taiwan. The actual operating data of 53 international tourist hotels in Taiwan are collected from 1996 to 1998. There are 6 output variables and 7 input variables in this study. By using the DEA technique, the efficiency of international tourist hotels is analyzed, and we can distinguish between efficient

2001-01-01

398

The Health Impact of Cigarette Smoking in Taiwan  

Microsoft Academic Search

This study examined mortality attributed to active and passive smoking in Taiwan for the years 1981 and 1990. It was estimated that 19, 283 deaths, representing 19% of the total number of deaths in 1990 (almost one out of five deaths in Taiwan), were smoking related. On an average day, 53 people died as a result of cigarette smoking, including

Chi Pang Wen; Shan Pou Tsai; David D Yen

1994-01-01

399

Mentoring for Early Childhood Teachers and Directors in Taiwan.  

ERIC Educational Resources Information Center

This study used a Vygotskian theoretical perspective in an ethnographic examination of how early childhood teachers and directors in Taiwan learn through mentoring within their school context. The study focused on mentoring relationships between a preschool director and five teachers in Taiwan. Primary data sources included interviews of the…

Shiu, Shiou-Ping

400

Nuclear science education in Taiwan, 1956–1992  

Microsoft Academic Search

The nuclear science education has been established in Taiwan at the College of Nuclear Science, National Tsing Hua University since 1956, the only one among 123 universities and colleges in Taiwan where nuclear-related education is offered. The Nuclear\\/Radiochemistry program, with nine faculty members, offers bachelor's, master's, and doctorate degrees in Nuclear Science. Lectures and lab classes of nuclear chemistry, radiochemistry,

Chien Chung

1993-01-01

401

Female Lung Cancer and Petrochemical Air Pollution in Taiwan  

Microsoft Academic Search

To investigate the relationship between petrochemical air pollution and female lung cancer, we conducted a matched case-control study among women who had died in Taiwan from 1990 through 1994. Data about all eligible female lung cancer deaths were obtained from the Bureau of Vital Statistics of the Taiwan Provincial Department of Health. The control group included women who died from

Chun-Yuh Yang; Ming-Fen Cheng; Jeng-Fen Chiu; Shang-Shyue Tsai

1999-01-01

402

Japanese Encephalitis Virus Genotype Replacement, Taiwan, 2009-2010  

PubMed Central

Genotype I of Japanese encephalitis virus first appeared in Taiwan in 2008. Phylogenetic analysis of 37 viruses from pig farms in 2009–2010 classified these viruses into 2 unique subclusters of genotype I viruses and suggested multiple introductions and swift replacement of genotype III by genotype I virus in Taiwan.

Chen, Yi-Ying; Fan, Yi-Chin; Tu, Wu-Chun; Chang, Rey-Yi; Shih, Chen-Chang; Lu, In-Houng; Chien, Maw-Shien; Lee, Wei-Cheng; Chen, Ter-Hsin; Chang, Gwong-Jen

2011-01-01

403

Taiwan's Yacht Industry: A Tale of Two Entrepreneurial Firms  

Microsoft Academic Search

This paper studies the evolution of Taiwan's yacht industry in general, and in particular we focus on two entrepreneurial firms, the Horizon Yacht Company and the Jade Yacht Company. Our purposes are two-fold. First, most research studies on Taiwan's economic success are based on the neoclassical economic model, which uses a proportional input-output production function, and emphasizes aggregate data to

Ho-Don Yan

2008-01-01

404

TAIWAN: The little dragon of the China Sea  

SciTech Connect

A review of the political and economic factors affecting the energy policy of Taiwan is presented in the article. The focus is primarily on nuclear power. Installed electric capacity, power generation, and forecasted energy supply is tabulated for primary energy sources. Major features of the six commercial nuclear power plants in Taiwan are listed.

NONE

1996-12-01

405

Patent Protection for Chinese Herbal Medicine Product Invention in Taiwan  

Microsoft Academic Search

Taiwan has aimed to develop a local Chinese herbal medicine (CHM) industry targeting the global market. The main patent issues concern whether the inventions constitute patentable subject matter, and their patentability. Currently, it is difficult for CHM inventions to comply with patent standards developed in conjunction with the Western pharmaceutical industry. Despite its increasing prominence, thus far, Taiwan is the

Jerry I.-H. Hsiao

2007-01-01

406

Social Orientation and Individual Modernity among Chinese Students in Taiwan  

Microsoft Academic Search

A series of studies has already been published in Chinese on the relationship between social orientation and individual modernity among Chinese students in Taiwan. This paper first reviews these studies briefly and then reports another piece of research in the series, using 92 male and female students at the National Taiwan University. Forty-six high and 46 low scorers on individual

Kuo-Shu Yang

1981-01-01

407

Taiwan orogeny: thin-skinned or lithospheric collision?  

Microsoft Academic Search

The Taiwan orogeny is young and presently very active. It provides an excellent environment for studying ongoing orogenic processes, especially since the region is monitored intensively with dense seismological and geodetic networks, and new studies aiming at deciphering shallow and deep structures in and around Taiwan have been recently conducted or are being planned. The available data can be used

Francis T. Wu; Ruey-Juin Rau; David Salzberg

1997-01-01

408

Industrial Outlook Report: Fishing Industry, Taiwan, 1985/1986.  

National Technical Information Service (NTIS)

Taiwan's 1985 fisheries catch totaled 1,038,000 metric tons (t), a 3.5 percent increase over the 1984 catch of 1,003,000 tons. The value of the 1985 catch also increased by 3.3 percent to $1.7 billion and accounted for 24.8 percent of Taiwan's total agric...

P. H. Chase Y. S. Wang H. Lee

1986-01-01

409

Cybercrime & Cybercriminals: An Overview of the Taiwan Experience  

Microsoft Academic Search

This paper explores the increasing number of cybercrime cases in Taiwan and examines the demographic characteristics of those responsible for this criminal activity. The report is based upon data taken from the Criminal Investigation Bureau of Taiwan's cybercrime database over the interval of 1999 through 2004. The paper defines cybercrime, analyses cybercrime case statistics and examines profiles of cybercrime suspects'

Chichao Lu; Wenyuan Jen; Weiping Chang; Shihchieh Chou

2006-01-01

410

Gastrodia shimizuana, a Newly Recorded of Gastrodia (Orchidaceae) in Taiwan  

Microsoft Academic Search

A newly recorded species, Gastrodia shimizuana Tuyama, in Taiwan is described and illustrated. This species is apparently rare and was previously known in only few localities in Iriomote Island, the Ryukyu Islands. We recently found it in the mountains at Beixinzhuang at elevations from 300 to 350 meters in northern Taipei, Taiwan. Although the flower of G. shimizuana is somewhat

Shih-Wen Chung; Tien-Chuan Hsu

411

Medium: An exploratory study of PR professionals in Taiwan  

Microsoft Academic Search

This paper seeks to explore the attitudes and practices of public relations (PR) professionals in using the Internet as a PR medium in Taiwan. Specifically, the paper addresses three research questions: (1) What do PR professionals think about the function of the Internet and the roles of online communication in comparison with those of offline communication in Taiwan? (2) Will

S. H. Sun; T. Lau; R. Kuo

2002-01-01

412

Epidemiologic study of type 2 diabetes in Taiwan  

Microsoft Academic Search

Diabetes mellitus (DM) in adults is a global health problem, although its prevalence varies widely between different populations and the rate has generally increased worldwide. In Taiwan, the mortality rate from DM has almost doubled over the past 10 years. The prevalence of DM in Taiwan was established between 1985 and 1996 and the rates were between 4.9 and 9.2%.

Chih-Jen Chang; Feng-Hwa Lu; Yi-Ching Yang; Jin-Shang Wu; Ta-Jen Wu; Muh-Shy Chen; Lee-Ming Chuang; Tong-Yuan Tai

2000-01-01

413

Taiwan: Recent Developments and U.S. Policy Choices.  

National Technical Information Service (NTIS)

Early in its tenure, the George W. Bush Administration seemed to abandon the long-standing U.S. policy of 'strategic ambiguity' on Taiwan in favor of 'strategic clarity' that placed more emphasis on Taiwan's interests and less on PRC concerns. Among other...

K. Dumbaugh

2006-01-01

414

Intercultural Training for US Business Expatriates in Taiwan  

ERIC Educational Resources Information Center

Purpose: This study aims to explore the intercultural training needs for US business expatriates on assignment in Taiwan. The study assesses Taiwan culture-specific training needs of US expatriates from the perspectives of both US expatriates and their Taiwanese colleagues and compares the perceived importance of these intercultural training needs…

Chien, Tien-Chen; McLean, Gary N.

2011-01-01

415

Crossover behavior of stock returns and mean square displacements of particles governed by the Langevin equation  

NASA Astrophysics Data System (ADS)

It is found that the mean square log-returns calculated from the high-frequency one-day moving average of US and Taiwan stocks with the time internal ? show ballistic behavior \\theta \\tau^{\\alpha_1} with the exponent \\alpha_1 \\approx 2 for small ? and show diffusion-like behavior D \\tau^{\\alpha_2} with the exponent \\alpha_2 \\approx 1 for large ?. Such a crossover behavior can be well described by the mean square displacements of particles governed by the Langevin equation of motion. Thus, ? and D can be considered, respectively, as the temperature-like and diffusivity-like kinetic parameters of the market, and they can be used to characterize the behavior of the market.

Ma, Wen-Jong; Wang, Shih-Chieh; Chen, Chi-Ning; Hu, Chin-Kun

2013-06-01

416

26 CFR 1.305-5 - Distributions on preferred stock.  

Code of Federal Regulations, 2010 CFR

...are intended to compel X to redeem the stock. (ii) Analysis. The preferred stock is described in the safe harbor rule of...1, 2001, or July 1, 2002. (ii) Analysis. This stock is described in paragraph...

2009-04-01

417

26 CFR 1.305-5 - Distributions on preferred stock.  

Code of Federal Regulations, 2010 CFR

...are intended to compel X to redeem the stock. (ii) Analysis. The preferred stock is described in the safe harbor rule of...1, 2001, or July 1, 2002. (ii) Analysis. This stock is described in paragraph...

2010-04-01

418

76 FR 52940 - Draft 2011 Marine Mammal Stock Assessment Reports  

Federal Register 2010, 2011, 2012, 2013

...injury and mortality of stocks. In 2007, the NMFS...combined with data from analyses of data prior to 2006...insular, and Palmyra stocks of false killer whale...population viability analysis for the stock of Hawaii Insular...

2011-08-24

419

26 CFR 1.305-5 - Distributions on preferred stock.  

Code of Federal Regulations, 2013 CFR

...2013-04-01 false Distributions on preferred stock. 1.305-5 Section 1...305-5 Distributions on preferred stock. (a) In general. Under...305(c)) with respect to its preferred stock is treated as a...

2013-04-01

420

18 CFR 367.2040 - Account 204, Preferred stock issued.  

Code of Federal Regulations, 2013 CFR

...2013-04-01 false Account 204, Preferred stock issued. 367.2040 Section... § 367.2040 Account 204, Preferred stock issued. This account must...the par or stated value of all preferred stock issued and...

2013-04-01

421

Money Stock Tape, 1959-1988.  

National Technical Information Service (NTIS)

The tape contains aggregate data on money stock measures and liquid assets (M1, M2, M3) as well as components of the money stock measures and related items. The historical data reflect revisions to incorporate annual seasonal adjustment and benchmark chan...

S. Collins

1988-01-01

422

Prioritizing Pacific Salmon Stocks for Conservation  

Microsoft Academic Search

Over 300 native stocks of Pacific salmon, steelhead, and coastal cutthroat trout ( Oncorhynchus spp.) are at risk of extinction in the Pacific Northwest. With only limited resources available for conservation and recovery, prioritization of these stocks may become necessary if meaningful measures are to be imple- mented. We propose criteria by which prioritization may be guided. First, we rank

FRED W. ALLENDORF; DAVID BAYLES; DANIEL L. BOTTOM; KENNETH P. CURRENS; CHRISTOPHER A. FRISSELL; DAVID HANKIN; JAMES A. LICHATOWICH; WILLA NEHLSEN; PATRICK C. TROTTER; THOMAS H. WILLIAMS

1997-01-01

423

Approaches to Current Stock Market Valuations  

Microsoft Academic Search

The increase in North American stock prices in 1999 and early 2000 has generated interest in the valuation assumptions that would make these price levels sustainable. Here, commonly used valuation techniques are applied to stock markets in Canada and the United States. For the comparative yield approach, real interest rates (rather than nominal rates) are preferred as the comparator of

Bob Hannah

2000-01-01

424

Oil price shocks and stock market activity  

Microsoft Academic Search

Results from a vector autoregression show that oil prices and oil price volatility both play important roles in affecting real stock returns. There is evidence that oil price dynamics have changed. After 1986, oil price movements explain a larger fraction of the forecast error variance in real stock returns than do interest rates. There is also evidence that oil price

Perry Sadorsky

1999-01-01

425

Oil price risk and emerging stock markets  

Microsoft Academic Search

The purpose of this paper is to contribute to the literature on stock markets and energy prices by studying the impact of oil price changes on a large set of emerging stock market returns. The approach taken in this paper uses an international multi-factor model that allows for both unconditional and conditional risk factors to investigate the relationship between oil

Syed A. Basher; Perry Sadorsky

2006-01-01

426

Stock Prices, Earnings, and Expected Dividends  

Microsoft Academic Search

This paper presents estimates indicating that, for aggregate U.S. stock market data 1871-1986, a long historical average of real earnings is a good predictor of the present value of future real dividends. This is true even when the information contained in stock prices is taken into account. We estimate that for each year the optimal forecast of the present value

John Y. Campbell; Robert J. Shiller

1988-01-01

427

Daily Stock Prediction Using Neurogenetic Hybrids  

Microsoft Academic Search

We propose a neuro-genetic daily stock prediction model. Traditional indicators of stock prediction are utilized to produce useful input features of neural networks. The genetic algorithm optimizes the neural networks under a 2D encoding and crossover. To reduce the time in processing mass data, a parallel genetic algorithm was used on a Linux cluster system. It showed notable improvement on

Yung-keun Kwon; Byung-Ro Moon

2003-01-01

428

A stochastic approach to stock reduction analysis  

Microsoft Academic Search

Stock reduction analysis (SRA) can complement more detailed assessment methods by using long-term historical catches to estimate recruitment rates needed to have produced those catches, yet still end up with stock sizes near those estimated by the detailed methods. A longer historical perspective can also add information to the estimation of reference points such as unfished biomass (B0) or target

Carl J. Walters; Steven J. D. Martell; Josh Korman

2006-01-01

429

Intraday stock price analysis and prediction  

Microsoft Academic Search

The close relationship between daily and intraday stock data is established using theoretical interpretation and variance estimation by neural network. Based on this, conventional time-series and neural networks are used to analyze the more informative intraday data for stock price prediction. Each method is tried with different set of parameters, in order to obtain an objective and thorough evaluation. The

W. S. Cheung; H. S. Ng; K. P. Lam

2000-01-01

430

Candlestick stock analysis with genetic algorithms  

Microsoft Academic Search

Candlestick analysis, a form of stock market technical analysis, is well suited for use with a genetic search algorithm. This paper explores an implementation of marrying these two techniques by creating agents that attempt to identify stocks that will change in price. The best of run individuals, produced by the genetic algorithm, performed statistically better than an agent that makes

Peter Belford

2006-01-01

431

Dividend Innovations and Stock Price Volatility  

Microsoft Academic Search

This paper establishes an inequality that may be used to test the null hypothesis that a stock price equals the expected present discounted value of its dividend stream, with a constant discount rate. The inequality states that if this hypothesis is true, the variance of the innovation in the stock price is bounded above by a certain function of the

Kenneth D. West

1988-01-01

432

Do stock market liberalizations cause investment booms?  

Microsoft Academic Search

Stock market liberalizations lead private investment booms. In a sample of 11 developing countries that liberalized their stock markets, 9 experience growth rates of private investment above their non-liberalization median in the first year after liberalizing. In the second and third years after liberalization, this number is 10 of 11 and 8 of 11, respectively. The mean growth rate of

Peter Blair Henry

2000-01-01

433

Grain Stocks. (Released January 11, 2013).  

National Technical Information Service (NTIS)

Corn stored in all positions on December 1, 2012 totaled 8.03 billion bushels, down 17 percent from December 1, 2011. Of the total stocks, 4.59 billion bushels are stored on farms, down 26 percent from a year earlier. Off-farm stocks, at 3.44 billion bush...

2013-01-01

434

An Examination of Mandatorily Convertible Preferred Stock  

Microsoft Academic Search

I investigate the determinants of the use of mandatorily convertible preferred stock and assess market reaction to its issue. The security is dividend enhanced and converted into common stock within four years. Issuers have high debt ratios, low interest coverage, and bankruptcy risk. Market response to the issue was neutral suggesting the preferred issue resolved the lemon problem associated with

Nancy White Huckins

1999-01-01

435

Macroeconomic Determinants of Gold Industry Stock Returns  

Microsoft Academic Search

Over the past 12 years, the gold bullion continues to become a significant investment. Financial advisors and analysts have recommended investors invest a small portion of their portfolio into this precious metal commodity asset. Gold mining stocks offer investors the ability to leverage volatile but rising gold prices. The expected relationship between gold price and gold stock returns is that

Michael Chau

2012-01-01

436

Optimal positioning of safety stocks in MRP  

Microsoft Academic Search

The positioning of safety stock in multi-echelon production networks operating in an MRP environment is considered. Our aim is to maximize the service level achieved for a given total amount of safety stock. Most previous research considering MRP environments has been empirical or heuristic, but the approach we take is analytic and concentrates on two network types: serial and divergent

A. G. LAGODIMOS; E. J. ANDERSON

1993-01-01

437

Distinguishing manipulated stocks via trading network analysis  

NASA Astrophysics Data System (ADS)

Manipulation is an important issue for both developed and emerging stock markets. For the study of manipulation, it is critical to analyze investor behavior in the stock market. In this paper, an analysis of the full transaction records of over a hundred stocks in a one-year period is conducted. For each stock, a trading network is constructed to characterize the relations among its investors. In trading networks, nodes represent investors and a directed link connects a stock seller to a buyer with the total trade size as the weight of the link, and the node strength is the sum of all edge weights of a node. For all these trading networks, we find that the node degree and node strength both have tails following a power-law distribution. Compared with non-manipulated stocks, manipulated stocks have a high lower bound of the power-law tail, a high average degree of the trading network and a low correlation between the price return and the seller-buyer ratio. These findings may help us to detect manipulated stocks.

Sun, Xiao-Qian; Cheng, Xue-Qi; Shen, Hua-Wei; Wang, Zhao-Yang

2011-10-01

438

Multifractal analysis of SSEC in Chinese stock market: A different empirical result from Heng Seng index  

NASA Astrophysics Data System (ADS)

In this paper, high frequency (per 5 min) data of Shanghai Stock Exchange Composite index (SSEC) from January 1999 to July 2001 is analyzed by multifractal. We find that the correlation of the parameters of the multifractal spectra with the variation of daily return Z in SSEC is noticeably different from that in previous studies of Heng Seng index in Hong Kong stock market [Sun et al., Phys. A 291 (2001) 553-562; Sun et al., Phys. A 301 (2001) 473-482]. So, we suppose that there may not be a universal rule for the dependence of the parameters of the multifractal spectra with daily return of a stock index. Then, we construct a new measurement of market risk based on multifractal spectra, and test its ability of predicting index fluctuations with a more thorough method than that in Sun et al. [Phys. A 301 (2001) 473-482].

Wei, Yu; Huang, Dengshi

2005-09-01

439

Detection of deformation front by SAR interferometry in Tainan area, southwestern Taiwan  

Microsoft Academic Search

Taiwan is situated along the collision boundary between the Eurasian plate and Philippine Sea plate and the ongoing subduction with different polarity occurs in northeastern and southwestern offshore area near Taiwan. The northward extension of Manila trench loses its subduction signature and connects to the deformation front of an accretionary wedge offshore southwestern Taiwan and Taiwan orogenic mountain belt. The

Y. Wu; M. Huang; C. Chang; H. Tung; J. Hu

2010-01-01

440

Performance assessment methodology and preliminary results for low-level radioactive waste disposal in Taiwan  

Microsoft Academic Search

Sandia National Laboratories (SNL) and Taiwan's Institute for Nuclear Energy Research (INER) have teamed together to evaluate several candidate sites for Low-Level Radioactive Waste (LLW) disposal in Taiwan. Taiwan currently has three nuclear power plants, with another under construction. Taiwan also has a research reactor, as well as medical and industrial wastes to contend with. Eventually the reactors will be

Bill Walter Arnold; Fu-lin Chang; Patrick D. Mattie; Robert G. Knowlton; W-S Chuang; L-M Chi; Hong-Nian Jow; Norman C. Tien; Clifford Kuofei Ho

2006-01-01

441

[Nursing terminology standards in taiwan: current situation and trends].  

PubMed

Nursing terminology standards are critical to effective nursing communications in clinical practice, education, administration, and research. Recently, the national Department of Health has promoted implementation of a standardized Taiwan electronic medical record template (TMT). The TMT provides a specific need for nursing terminology standards used in all medical facilities. In this article, we survey and compare the development of nursing terminology standards in Taiwan with that of the international community. The two principal recommendations made in this paper include 1) link Taiwan terminology standards at the education and research levels to international standards and 2) integrate localized nursing terminology into Taiwan terminology standards for use in nursing information system relational databases and electronic nursing records. We hope that the government, medical institutions, and academic organizations will pay greater attention to the standardization of local nursing terminology in order to advance nursing quality in Taiwan. PMID:19472107

Hao, Te-Hui Angelica; Lin, Chiu-Tzu; Lu, Shaio-Jyue; Lin, Zu-Chun

2009-06-01

442

Recurrence quantification analysis of global stock markets  

NASA Astrophysics Data System (ADS)

This study investigates the presence of deterministic dependencies in international stock markets using recurrence plots and recurrence quantification analysis (RQA). The results are based on a large set of free float-adjusted market capitalization stock indices, covering a period of 15 years. The statistical tests suggest that the dynamics of stock prices in emerging markets is characterized by higher values of RQA measures when compared to their developed counterparts. The behavior of stock markets during critical financial events, such as the burst of the technology bubble, the Asian currency crisis, and the recent subprime mortgage crisis, is analyzed by performing RQA in sliding windows. It is shown that during these events stock markets exhibit a distinctive behavior that is characterized by temporary decreases in the fraction of recurrence points contained in diagonal and vertical structures.

Bastos, João A.; Caiado, Jorge

2011-04-01

443

12 CFR 221.114 - Bank loans to purchase stock of American Telephone and Telegraph Company under Employees' Stock...  

Code of Federal Regulations, 2010 CFR

...Banking 3 2009-01-01 2009-01-01 false Bank loans to purchase stock of American Telephone and Telegraph...STOCK (REGULATION U) Interpretations § 221.114 Bank loans to purchase stock of American Telephone and...

2009-01-01

444

12 CFR 221.114 - Bank loans to purchase stock of American Telephone and Telegraph Company under Employees' Stock...  

Code of Federal Regulations, 2010 CFR

...Banking 3 2010-01-01 2010-01-01 false Bank loans to purchase stock of American Telephone and Telegraph...STOCK (REGULATION U) Interpretations § 221.114 Bank loans to purchase stock of American Telephone and...

2010-01-01

445

Arsenic sources, occurrences and mobility in surface water, groundwater and sediments: Taiwan Overview  

Microsoft Academic Search

In Taiwan, arsenic in groundwater can result from (1) arsenic-affected aquifers (e.g., Chianan plain in SW Taiwan and Lanyang plain in NE Taiwan), (2) mining activity (e.g., Chingkuashi Gold Mine in northern Taiwan), and (3) geothermal waters (e.g., Geothemal Spring Valley in northern Taiwan). The Chianan plain and Lanyang plain aquifers were affected by arsenic after the formation of the

Jiin-Shuh Jean

446

Mapping the organic carbon stocks of surface soils using local spatial interpolator.  

PubMed

The largest uncertainties are associated with estimating the soil organic carbon (SOC) stock because of natural soil variability and data scarcity. Thus, a local spatial geostatistical hybrid approach, the geographically weighted regression kriging (GWRK), was used in the present study to overcome some of these uncertainties. This study was designed to estimate the SOC stock (kg C m(-2)) for the surface 0 to 15 cm depth using the state of Pennsylvania as the study region. A total of 920 soil profiles were extracted from the National Soil Survey Center database and were divided into calibration (80%) and validation (20%) periods. Some soil parameters that include clay content, bulk density (?(b)), total nitrogen (TN) content, pH, Ca(2+), Na(+), extractable acidity (EXACID), and cation exchange capacity (CEC) were used as covariates for estimating the SOC stock. These covariates exhibited spatial autocorrelation (Moran's Index, I = 0.62 to 0.89). Further, residuals of geographically weighted regression were spatially autocorrelated, and hence support the use of the GWRK approach. Validation results concluded that the performance of the GWRK approach was the best with the lowest values of root mean square error, mean estimation error and mean absolute estimation error. The estimated SOC stock for the surface 0 to 15 cm depth ranged from 1.41 to 3.94 kg m(-2). Results from this study show that the GWRK captures spatial dependent relationships, and addresses spatial non-stationarity issues, hence this approach improves the estimations of SOC stock. PMID:22009220

Kumar, Sandeep; Lal, Rattan

2011-11-01

447

Asymmetric conditional volatility in international stock markets  

NASA Astrophysics Data System (ADS)

Recent studies show that a negative shock in stock prices will generate more volatility than a positive shock of similar magnitude. The aim of this paper is to appraise the hypothesis under which the conditional mean and the conditional variance of stock returns are asymmetric functions of past information. We compare the results for the Portuguese Stock Market Index PSI 20 with six other Stock Market Indices, namely the SP 500, FTSE 100, DAX 30, CAC 40, ASE 20, and IBEX 35. In order to assess asymmetric volatility we use autoregressive conditional heteroskedasticity specifications known as TARCH and EGARCH. We also test for asymmetry after controlling for the effect of macroeconomic factors on stock market returns using TAR and M-TAR specifications within a VAR framework. Our results show that the conditional variance is an asymmetric function of past innovations raising proportionately more during market declines, a phenomenon known as the leverage effect. However, when we control for the effect of changes in macroeconomic variables, we find no significant evidence of asymmetric behaviour of the stock market returns. There are some signs that the Portuguese Stock Market tends to show somewhat less market efficiency than other markets since the effect of the shocks appear to take a longer time to dissipate.

Ferreira, Nuno B.; Menezes, Rui; Mendes, Diana A.

2007-08-01

448

Linking work–family conflict to job attitudes: the mediating role of social exchange relationships  

Microsoft Academic Search

This study uses social exchange theory to develop a model of the processes linking work–family conflict to job attitudes. This model was tested on a sample of 236 employees in Taiwan's high-technology industry. The regression results revealed that perceived organizational support and leader–member exchange fully mediated the influence of work–family conflict on intentions to quit and affective organizational commitment, and

Pen-Yuan Liao

2011-01-01

449

78 FR 11709 - Self-Regulatory Organizations; the NASDAQ Stock Market LLC; Notice of Filing and Immediate...  

Federal Register 2010, 2011, 2012, 2013

...To Determine Whether the Price of a Stock Is Equal to or Greater Than One Dollar Under...and Rule 19b-4 thereunder,\\2\\ notice is hereby given that on January 31, 2013 The...prepared by the Exchange. The Commission is publishing this notice to solicit...

2013-02-19

450

Statistical Distribution of Stock Returns Runs  

NASA Astrophysics Data System (ADS)

In this paper, we focus on the statistical features of runs which is defined as a sequence of consecutive gain/loss (rise/fall) stock returns. By studying daily data of the Dow Jones industrial average (DJIA), we get the following points: firstly, the distribution of the length and magnitude of stock return runs both follow an exponential law; and secondly, the positive runs and negative runs show a significant asymmetry in frequency distribution. We expect that the two properties may be new members in the family of stylized facts about stock returns.

Li, Honggang; Gao, Yan

451

The Taiwan Extragalactic Astronomical Data Center  

NASA Astrophysics Data System (ADS)

Founded in 2010, the Taiwan Extragalactic Astronomical Data Center (TWEA-DC) has for its goal to provide access to large amount of data for the Taiwanese and International community, focusing its efforts on Extragalactic science. In continuation with individual efforts in Taiwan over the past few years, this is the first stepping-stone towards the building of a National Virtual Observatory. Taking advantage of our own fast indexing algorithm (BLINK), based on a octahedral meshing of the sky coupled with a very fast kd-tree and a clever parallelization amongst available resources, TWEA-DC will provide, from spring 2013, a service of “on-the-fly” matching, between on-site and user-based catalogs. We will also offer access to public and private raw and reducible data available to the Taiwanese community. Finally, we are developing high-end on-line analysis tools, such as an automated photometric redshifts and SED fitting code (APz), and an automated groups and clusters finder (APFoF).

Foucaud, S.; Hashimoto, Y.; Tsai, M.-F.; Kamennoff, N.; TWEA-DC Team

2013-10-01

452

Are Co-integrated Stock Prices Consistent with the Efficient Market Hypothesis?  

Microsoft Academic Search

This paper responds to the unsatisfactory argument that there is no correspondence between co-integration and the efficient market hypothesis. A law of one co-integrating vector of prices is proposed for the exchange rate and domestic and overseas stock prices. Markets must therefore be efficient in long-run equilibrium because no arbitrage opportunities exist. However, arbitrage activity via the disequilibrium error correction

EDGAR J. WILSON; HAZEM A. MARASHDEH

2007-01-01

453

75 FR 71768 - Self-Regulatory Organizations; BATS Y-Exchange, Inc.; Notice of Filing of Amendment No. 1 and...  

Federal Register 2010, 2011, 2012, 2013

...stocks \\9\\ during normal market hours. For stocks subject...exchange-traded products),\\10\\ market makers must enter quotes that are not more...must be adjusted by the market maker. However, if...from the NBBO. During times in which a...

2010-11-24

454

Videotape Exchange  

ERIC Educational Resources Information Center

Describes a videotape exchange between students in a New York City school and a classroom of students in Charleston, South Carolina, explaining what the students learned about themselves and others from the personally-made tapes. (RB)

Mack, Teresa

1975-01-01

455

Empirical regularities of opening call auction in Chinese stock market  

NASA Astrophysics Data System (ADS)

We study the statistical regularities of an opening call auction using the ultra-high-frequency data of 22 liquid stocks traded on the Shenzhen Stock Exchange in 2003. The distribution of the relative price, defined as the relative difference between the order price in the opening call auction and the closing price on the last trading day, is asymmetric and that the distribution displays a sharp peak at the zero relative price and a relatively wide peak at the negative relative price. The detrended fluctuation analysis (DFA) method is adopted to investigate the long-term memory of relative order prices. We further study the statistical regularities of order sizes in the opening call auction, and observe a phenomenon of number preference, known as order size clustering. The probability density function (PDF) of order sizes could be well fitted by a q-Gamma function, and the long-term memory also exists in order sizes. In addition, both the average volume and the average number of orders decrease exponentially with the price level away from the best bid or ask price level in the limit-order book (LOB) established immediately after the opening call auction, and a price clustering phenomenon is observed.

Gu, Gao-Feng; Ren, Fei; Ni, Xiao-Hui; Chen, Wei; Zhou, Wei-Xing

2010-01-01

456

Lithuanian stock market analysis using a set of Garch models  

Microsoft Academic Search

This article analyses the main factors that influence stock price volatility. The author offers a three?stage system for explaning a set of stock price volatility factors. The main point is to pay attention to investor's psychology as the main factor of price volatility. For practical analysis the returns of the OMXV index and stock prices of the Lithuanian stock market

Deimante Teresiene

2009-01-01

457

Financial flexibility and the choice between dividends and stock repurchases  

Microsoft Academic Search

This paper measures the growth in open market stock repurchases and the manner in which stock repurchases and dividends are used by U.S. corporations. Stock repurchases and dividends are used at different times from one another, by different kinds of firms. Stock repurchases are very pro-cyclical, while dividends increase steadily over time. Dividends are paid by firms with higher “permanent”

Murali Jagannathan; Clifford P. Stephens; Michael S. Weisbach

2000-01-01

458

Notes: Installation vs. Echelon Stock Policies for Multilevel Inventory Control  

Microsoft Academic Search

This paper compares installation and echelon stock policies for multilevel inventory control. The major results are for serial and assembly systems. For (Q, r)-rules, echelon stock policies are, in general, superior to installation stock policies. A Kanban-policy is identified as a restricted type of installation stock (Q, r)-policy.

Sven Axsäter; Kaj Rosling

1993-01-01

459

Analyzing on Impact Factors of Safety Stock under Random Requirement  

Microsoft Academic Search

In the random requirement environment, safety stock is necessary to maintain a certain customer service level. High safety stock will increase the cost of storage. The influence factors of safety stock are customer service level, the average and standard deviation of lead time, the average and standard deviation of random requirement in lead time. We know that the safety stock

Zhang Lianfu; Zhao Shuzhi; Wang Min; Zhang Zhihui; Zhu Yonggang

2009-01-01

460

Stock Market Development and Financial Intermediaries: Stylized Facts  

Microsoft Academic Search

World stock markets are booming, and emerging stock markets account for a disproportionate share of this growth. Yet economists lack a common concept or measure of stock market development. This article collects and compares a broad array indicators of stock market and financial intermediary development, using data from forty-four developing and industrial countries during the period from 1986 to 1993.

Asli Demirguc-kunt; Ross Levine

1996-01-01

461

Characterization of radioactive contaminants and water treatment trials for the Taiwan Research Reactor's spent fuel pool.  

PubMed

There were approximately 926 m(3) of water contaminated by fission products and actinides in the Taiwan Research Reactor's spent fuel pool (TRR SFP). The solid and ionic contaminants were thoroughly characterized using radiochemical analyses, scanning electron microscopy equipped with an energy dispersive spectrometer (SEM-EDS), and inductively coupled plasma optical emission spectrometry (ICP-OES) in this study. The sludge was made up of agglomerates contaminated by spent fuel particles. Suspended solids from spent ion-exchange resins interfered with the clarity of the water. In addition, the ionic radionuclides such as (137)Cs, (90)Sr, U, and ?-emitters, present in the water were measured. Various filters and cation-exchange resins were employed for water treatment trials, and the results indicated that the solid and ionic contaminants could be effectively removed through the use of <0.9 ?m filters and cation exchange resins, respectively. Interestingly, the removal of U was obviously efficient by cation exchange resin, and the ceramic depth filter composed of diatomite exhibited the properties of both filtration and adsorption. It was found that the ceramic depth filter could adsorb ?-emitters, ?-emitters, and uranium ions. The diatomite-based ceramic depth filter was able to simultaneously eliminate particles and adsorb ionic radionuclides from water. PMID:22841295

Huang, Chun-Ping; Lin, Tzung-Yi; Chiao, Ling-Huan; Chen, Hong-Bin

2012-09-30

462

Increasing market efficiency in the stock markets  

NASA Astrophysics Data System (ADS)

We study the temporal evolutions of three stock markets; Standard and Poor's 500 index, Nikkei 225 Stock Average, and the Korea Composite Stock Price Index. We observe that the probability density function of the log-return has a fat tail but the tail index has been increasing continuously in recent years. We have also found that the variance of the autocorrelation function, the scaling exponent of the standard deviation, and the statistical complexity decrease, but that the entropy density increases as time goes over time. We introduce a modified microscopic spin model and simulate the model to confirm such increasing and decreasing tendencies in statistical quantities. These findings indicate that these three stock markets are becoming more efficient.

Yang, Jae-Suk; Kwak, Wooseop; Kaizoji, Taisei; Kim, In-Mook

2008-01-01

463

The volatility of stock market prices.  

PubMed

If the volatility of stock market prices is to be understood in terms of the efficient markets hypothesis, then there should be evidence that true investment value changes through time sufficiently to justify the price changes. Three indicators of change in true investment value of the aggregate stock market in the United States from 1871 to 1986 are considered: changes in dividends, in real interest rates, and in a direct measure of intertemporal marginal rates of substitution. Although there are some ambiguities in interpreting the evidence, dividend changes appear to contribute very little toward justifying the observed historical volatility of stock prices. The other indicators contribute some, but still most of the volatility of stock market prices appears unexplained. PMID:17769311

Shiller, R J

1987-01-01

464

Brassica rapa stock description: Rosette-dwarf  

NSDL National Science Digital Library

PDF containing seed stock profile information for and illustration of the Rosette-Dwarf variety of Brassica rapa (Fast Plants). This also includes some brief suggestions for their use as a model organism in teaching.

Program, The W.

465

Stock Market Crash: Looking Back to 1987  

NSDL National Science Digital Library

This week's In the News looks back at the 1987 stock market crash. The six resources provide an overview of the stock market crash then and lessons learned from that experience. The Dow Jones industrial average fell by 554 points on October 27, 1997, the largest points decrease ever, sparking fears of a repeat of the 1987 stock market crash which happened almost to the day ten years ago. Confidence returned to the stock market the next day and the Dow Jones increased by 337 points, the largest points gain ever. In the 1987 crash ten years earlier, the Dow Jones industrial declined by 508 points (at that time the largest points decrease) on October 19, 1987 but rallied to increase by 102 points (at that time the largest one-day increase) the next day.

Ng, Thiam H.

1997-01-01

466

76 FR 61432 - Self-Regulatory Organizations; BATS Exchange, Inc.; Notice of Filing of a Proposed Rule Change To...  

Federal Register 2010, 2011, 2012, 2013

...rounded to the nearest fifty points to create the Levels' trigger points. The New York Stock Exchange...13\\ At that time, the triggers were based on absolute declines in the DJIA (350 point decrease for a Level 1...

2011-10-04

467

76 FR 61466 - Self-Regulatory Organizations; BATS Exchange, Inc.; Notice of Filing of a Proposed Rule Change To...  

Federal Register 2010, 2011, 2012, 2013

...rounded to the nearest fifty points to create the Levels' trigger points. The New York Stock Exchange...13\\ At that time, the triggers were based on absolute declines in the DJIA (350 point decrease for a Level 1...

2011-10-04

468

Employee stock option exercises an empirical analysis  

Microsoft Academic Search

This paper describes the exercise behavior of over 50,000 employees who hold longterm options on employer stock at eight corporations. Employees typically exercise options years before expiration, commonly sacrificing half of the Black-Scholes value. Exercise is strongly associated with recent stock price movements, the market-to-strike ratio, proximity to vesting dates, time to maturity, volatility, and the employee's level within the

Steven Huddart; Mark Lang

1996-01-01

469

The Costs of Issuing Preferred Stock  

Microsoft Academic Search

U.S. firms commonly use preferred stocks to raise external capital. Yet this hybrid security's issuance costs and offer yields have not been previously examined in a systematic manner. We analyze a sample of 3,042 U.S. preferred stocks issued between 1980 and 1999. We find that convertible issues, which are riskier than straight issues, entail higher gross spreads and other direct

Mukesh Bajaj; Sumon C. Mazumdar; Atulya Sarin

2002-01-01

470

A network approach for researching political feasibility of healthcare reform: the case of universal healthcare system in Taiwan.  

PubMed

This study evaluates the political feasibility of healthcare reform taking place in Taiwan in the past decade. Since Taiwan adopted National Health Insurance (NHI) in 1995, it has provided coverage for virtually all of the island's citizens. However, the imbalance between expenditure and revenue has resulted in a cycle of unsustainable spending which has necessitated financial reforms and political confrontations. By applying social network analysis, this paper examines multiple types of ties between policy elites and power distribution that have evolved in crucial policy events of the NHI's financial reforms between 1998 and 2010. Data sources include official documents and 62 social network interviews that were held with government officials and related unofficial policy participants. Blockmodeling and multidimensional scaling (MDS) are used to determine the major participants and network structures in the NHI domain, as well as the influential policy actors, based on information transmission, resource exchange, reputation attribution and action-set coalition networks in Taiwan's current political situation. The results show that although both public actors and all medical associations are the leading actors in the NHI reform, without good communication with societal actors, the promotion of reform proposals ends in failure. As a tool of political feasibility evaluation, social network analysis can map the political conflict between policy stakeholders systematically when policy makers pursue the result of policy adoption. PMID:23026074

Wang, Guang-Xu

2012-12-01

471

75 FR 14569 - Polyethylene Retail Carrier Bags from Taiwan: Final Determination of Sales at Less Than Fair Value  

Federal Register 2010, 2011, 2012, 2013

...Trade Administration [A-583-843] Polyethylene Retail Carrier Bags from Taiwan: Final...Department) has determined that imports of polyethylene retail carrier bags (PRCBs) from...investigation of PRCBs from Taiwan. See Polyethylene Retail Carrier Bags From Taiwan:...

2010-03-26

472

76 FR 65748 - Certain Pipe and Tube From Brazil, India, Korea, Mexico, Taiwan, Thailand, and Turkey; Commission...  

Federal Register 2010, 2011, 2012, 2013

...Review)] Certain Pipe and Tube From Brazil, India, Korea, Mexico, Taiwan, Thailand...circular welded nonalloy steel pipe from Brazil, Korea, Mexico, and Taiwan, and the...party group responses with respect to Brazil, India, Korea, and Taiwan were...

2011-10-24

473

Stock market context of the Lévy walks with varying velocity  

NASA Astrophysics Data System (ADS)

We developed the most general Lévy walks with varying velocity, shorter called the Weierstrass walks (WW) model, by which one can describe both stationary and non-stationary stochastic time series. We considered a non-Brownian random walk where the walker moves, in general, with a velocity that assumes a different constant value between the successive turning points, i.e., the velocity is a piecewise constant function. This model is a kind of Lévy walks where we assume a hierarchical, self-similar in a stochastic sense, spatio-temporal representation of the main quantities such as waiting-time distribution and sojourn probability density (which are principal quantities in the continuous-time random walk formalism). The WW model makes possible to analyze both the structure of the Hurst exponent and the power-law behavior of kurtosis. This structure results from the hierarchical, spatio-temporal coupling between the walker displacement and the corresponding time of the walks. The analysis uses both the fractional diffusion and the super Burnett coefficients. We constructed the diffusion phase diagram which distinguishes regions occupied by classes of different universality. We study only such classes which are characteristic for stationary situations. We thus have a model ready for describing the data presented, e.g., in the form of moving averages; the operation is often used for stochastic time series, especially financial ones. The model was inspired by properties of financial time series and tested for empirical data extracted from the Warsaw stock exchange since it offers an opportunity to study in an unbiased way several features of stock exchange in its early stage.

Kutner, Ryszard

2002-11-01

474

Haemoglobin H Disease among Chinese Residents of Taiwan.  

National Technical Information Service (NTIS)

Six cases of haemoglobin H disease among 5 Chinese families in Taiwan were studied. The haematological findings resembled those of previous reports and included the occurrence of the electrophoretically fast H haemoglobin component; a slight elevation in ...

K. S. Lin T. C. Lee T. C. Lu J. T. H. Huang R. Q. Blackwell

1965-01-01

475

Reproductive Parameters of the Taiwan Monkey (Macaca cyclopis).  

National Technical Information Service (NTIS)

The following parameters of the Taiwan monkey, Macaca cyclopis, are presented and compared with other species of Macaca: the menstrual cycle, sexual skin and vaginal desquamation changes during the menstrual cycle, time of ovulation, gestation period, bre...

M. T. Peng Y. L. Lai C. S. Yang H. S. Chiang A. E. New

1972-01-01

476

Implementation of Taiwan's Semiconductor Equipment Evaluation and Qualification (SEEQ) project  

Microsoft Academic Search

This paper discusses the issues developed in the planning of the upcoming Taiwan Semiconductor Equipment Evaluation and Qualification (SEEQ) project. Details about its background, motive, advantage and difficulty are depicted.

J. C. Wang; K. H. Ke; P. Y. Wang

2002-01-01

477

Progress of solid state lighting technology in Taiwan  

NASA Astrophysics Data System (ADS)

This paper reviews the current status of the solid state lighting technology development at the Opto-Electronics & Systems Labs. (OES), Industrial Technology Research Institute (ITRI) and recent industrial activities in the related areas in Taiwan.

Liu, Yung Sheng; Hsu, Jung-Tsung; Chi, Jim Y.; Pan, Shyi-Ming; Wang, Te-Chung

2004-01-01

478

The Danger of Catholic Education--Taiwan Style.  

ERIC Educational Resources Information Center

Provides a personal account of the experiences of an American nun while teaching at Fu Jen Catholic University in Taiwan. Explains the Taiwanese educational system and the role of Catholic education within it. (CBC)

Boudreau, Rose Michele

1985-01-01

479

The Problems of Land Consolidation: A Case Study of Taiwan  

ERIC Educational Resources Information Center

Problems of agricultural land consolidation, as illustrated by Taiwan's first 10-year land reform phase, include fragmentation of holdings, cost of consolidation, corruption and maladministration by government officials, and timing of operations. (AV)

Williams, Jack F.

1976-01-01

480

Taiwan's cooperative space activities at present and in future  

NASA Astrophysics Data System (ADS)

Taiwan is developing a long-term space program which is entering its next 15 years of planning cycle. Since its establishment in 1992, the National Space Program Office has played a key role in introducing satellite technology and space experiments into Taiwan. In parallel, basic research in space science and remote-sensing observations are being promoted in different institutions. A combination of these efforts has earned Taiwan a compact but effective space program capable of mounting satellite missions and advanced study in various disciplines of space science. The satellite data receiving and data processing facilities are particularly valuable in addressing issues related to environmental protection, natural hazards and economic planning. At the present time, Taiwan's international cooperative space activities are still very limited in scope but there is a wide ranging of possibilities which could be pursued together with other developing nations in space research under the auspice of COSPAR.

Ip, Wing-Huen

2004-01-01

481

NRAO Welcomes Taiwan as a New North American ALMA Partner  

NASA Astrophysics Data System (ADS)

The National Radio Astronomy Observatory (NRAO) has announced a formal agreement enabling Taiwanese astronomers to participate in the North American component of the international ALMA partnership, alongside American and Canadian astronomers. Taiwan's efforts will be led by the Academia Sinica Institute of Astronomy and Astrophysics (ASIAA). ALMA, the Atacama Large Millimeter/submillimeter Array, is the most ambitious ground-based astronomical observatory in history. Currently under construction in Chile’s Atacama Desert at an altitude of 16,500 feet, it promises to revolutionize our understanding of the formation of planets, stars, and galaxies when it begins full science operations early in the next decade. The agreement, signed by the Taipei Economic and Cultural Representative Office and the American Institute in Taiwan, provides for approximately $20 million in ALMA construction funding through the National Science Council (NSC), Taiwan’s equivalent to the US National Science Foundation (NSF) and Canada's National Research Council (NRC), which have jointly funded North America's existing contribution to the international ALMA project. Activities under the agreement will include joint research projects, development projects, collaboration on construction, support of observatory operations and other forms of cooperation. Access to ALMA observing time will be shared, as will membership on advisory committees. “Taiwan is a world-class center for submillimeter-wavelength astronomical research, and we’re delighted that the ALMA project and all its future users will benefit from the resources and expertise that Taiwan’s deepening participation brings to this great, global endeavor,” said Dr. Fred Lo, NRAO's director. This new agreement increases and diversifies Taiwan’s Academia Sinica investment in ALMA beyond the levels achieved through its participation in the East Asian component of the ALMA partnership, which is led by the National Astronomical Observatory of Japan. The agreement mirrors previous ones affording Taiwan astronomers enhanced access to NRAO’s US-based research facilities. “ALMA will be one of the greatest ground-based observatories of the coming decade, and we look forward eagerly to working alongside our colleagues at the NRAO, and with the other ALMA partners, to make ALMA even more successful,” said Dr. Paul Ho, ASIAA’s director. The ALMA Project is a partnership between the scientific communities of East Asia, Europe and North America with Chile. ALMA is funded in North America by the U.S. National Science Foundation in cooperation with the National Research Council of Canada and the National Science Council of Taiwan. ALMA construction and operations are led on behalf of North America by the National Radio Astronomy Observatory, which is operated under cooperative agreement by Associated Universities, Inc.

2008-12-01

482

Kodak Picture Exchange--Online Access to Photographs and Images.  

ERIC Educational Resources Information Center

Describes the Kodak Picture Exchange that includes a database of over 200,000 photographic images collected from 28 stock photography companies in the United States that allows the user to search for images by topic. Highlights include installing the software, alternative search strategies, costs, manipulating images, and rules governing the use…

Valauskas, Edward J.

1995-01-01

483

Unemployment and Real Exchange Rate Dynamics in Latin American Economies  

Microsoft Academic Search

Edwards and Savastano (2000) survey on the equilibrium real exchange rate (RER) literature identify two important limitations: the lack of explicit derivation of flow and stock equilibrium variables as determinants of the equilibrium RER and the failure to allow for unemployment. This paper develops a general equilibrium model that includes both elements, as well as other traditional determinants of the

Raimundo Soto

2008-01-01

484

Increasing Soil Calcium Availability Alters Forest Soil Carbon Stocks  

NASA Astrophysics Data System (ADS)

Acid deposition in the Northeastern U.S. has been linked to a loss of soil base cations, especially calcium (Ca). While much research has addressed the effects of Ca depletion on soil and stream acidification, few studies have investigated its effects on ecosystem carbon (C) balance. We studied the long-term effects of increased Ca availability on C cycling in a northern hardwood forest in the Adirondack Park, NY. In 1989, calcium carbonate (lime) was added to ~ 100 ha of the Woods Lake Watershed to ameliorate the effects of soil Ca depletion. An additional 100 ha were maintained as controls. We hypothesized that the lime addition would improve forest health and that this improvement would be evident in increased tree biomass, leaf litter, and fine root production. Within the forest floor, we anticipated that the increased pH associated with liming would stimulate microbial activity resulting in increased decomposition and basal soil respiration, and reduced C stocks. Additionally, we hypothesized that increased Ca availability could enhance Ca-OM complexation in the upper mineral soils, leading to increased C stocks in these horizons. Eighteen years after liming, soil pH and exchangeable Ca pools remained elevated in the forest floor and upper mineral soil of the limed plots. Forest floor C stocks were significantly larger in limed plots (68 vs. 31 t C ha-1), and were driven primarily by greater C accumulation in the forest floor Oa horizon. Mineral soil C stocks did not differ between limed and control soils. Liming did not affect tree growth, however a net decline in biomass was observed across the entire watershed. There was a trend for larger fine root and foliar litter inputs in limed plots relative to controls, but the observed forest floor accumulation appears to be driven primarily by a suppression of decomposition. Liming reduced basal soil respiration rates by 17 and 43 % in the Oe and Oa horizons, respectively. This research suggests that Ca may stabilize soil organic matter and that long-term Ca depletion caused by acid deposition could have large, unexpected effects on ecosystem C dynamics.

Melvin, A.; Goodale, C. L.

2011-12-01

485

Four anthropometric indices and cardiovascular risk factors in Taiwan  

Microsoft Academic Search

OBJECTIVE: To examine the relationships between four anthropometric measurements and cardiovascular risk factors in Taiwan.DESIGN: The data was collected from four nationwide health screen centers in Taiwan from 1998 to 1999.SUBJECTS: A total of 38 556 subjects: 18 280 men and 20 276 women, mean age=37.0±11.1 y. None had any known major systemic diseases or were currently on medication.MEASUREMENTS: Individual

K-C Huang; W-Y Lin; L-T Lee; C-Y Chen; H Lo; H-H Hsia; I-L Liu; W-Y Shau; R-S Lin; Kuo-Chin Huang

2002-01-01

486

Characteristics of foot and mouth disease virus in Taiwan.  

PubMed

Since March 1997 two strains of foot and mouth disease (FMD) virus have found their way into Taiwan, causing severe outbreaks in pigs and in Chinese yellow cattle. Outbreaks occurred in March 1997 were caused by a pig-adapted virus strain (O/Taiwan/97) which did not infect other species of cloven-hoofed animals by natural route. The epidemic spread over the whole region of Taiwan within two months and the aftermath was 6,147 pig farms infected and 3,850,746 pigs destroyed. In June 1999, the second strain of FMD virus (O/Taiwan/99) was isolated from the Chinese yellow cattle in the Kinmen Prefecture and in the western part of Taiwan. By the end of 1999, Chinese yellow cattle were the only species infected and those infected cattle did not develop pathological lesions. Seroconversions of serum neutralization antibody and on non-structural protein (NSP) antibodies were the best indicators for infection in non-vaccinated herds. The infected animals, however, excreted infectious levels of virus to infect new hosts. Based on the detection of the specific antibody to FMD virus, and virus isolation from oesophageal-pharyngeal (OP) fluid samples, ten herds of Chinese yellow cattle located in Kinmen and Taiwan were declared to have been infected. During the period of January to March 2000, however, five outbreaks caused by FMD virus similar to the O/Taiwan/99 virus occurred in four prefectures of Taiwan. The infected species included goats, Chinese yellow cattle and dairy cattle. Those outbreaks have caused high mortality in goat kids under two weeks old and also developed typical clinical signs of infection in dairy cattle. PMID:10945282

Huang, C C; Jong, M H; Lin, S Y

2000-07-01

487

Application of INCSEA principles to the Taiwan Strait.  

SciTech Connect

The waters surrounding Taiwan are important international waterways. In addition to merchant ships of every nation, the warships of the United States, Japan, Russia, and China may appear in these waters. No hostility is expected between Taiwan and the United States, Japan, or Russia; however, Taiwan and China have a tense relationship, and both sides face a potential for naval incidents. As Taiwan and China expand their naval capability, the International Maritime Organization Convention for the lnternational Regulations for Preventing Collisions at Sea may not be sufficient to prevent naval incidents, any of which might develop into conflict or war. Therefore, China and Taiwan need to develop maritime confidence building measures (CBMs) that could reduce the chance of naval incidents and strengthen mutual trust and confidence. Among the variety of maritime CBM concepts for military purposes, the most successful and effective measure has been the 1972 U.S.-Soviet Union Agreement on the Prevention of Incidents On and Over the High Seas (INCSEA). The success of the agreement demonstrates that CBMs represent a workable alternative to traditional arms controls. The purpose of this paper is to suggest a concrete approach to the constraint of naval activities between China and Taiwan to reduce accidents and misunderstandings. This paper outlines the categories and characteristics of incidents at sea. Next, the author identifies the successful factors of the U.S.-Soviet INCSEA and applies the INCSEA concept to the Taiwan Strait. Finally, the author develops a framework of options and a step-by-step approach for establishing an INCSEA between Taiwan and China.

Wen-Chung, Chai (Taiwan Navy, Taiwan)

2003-06-01

488

Two new species of Digamasellidae from Taiwan (Acari: Mesostigmata).  

PubMed

This paper reports the occurrence of two new species of Digamasellidae from Taiwan, Dendroseius vulgaris n. sp. and Dendrolaelaps (Foveodendrolaelaps) linjianzheni n. sp. Dendroseius vulgaris is described based on the morphology of adult females, adult males and deutonymph, and D. linjianzheni is based on the morphology of adult females and males. This is the first report on the mite species of Digamasellidae from Taiwan.  PMID:24871165

Ma, Li-Ming; Ho, Chyi-Chen; Wang, Shun-Cheng

2014-01-01

489

Cybercrime in Taiwan - An Analysis of Suspect Records  

Microsoft Academic Search

\\u000a This paper explores the increasing number of cybercrime cases in Taiwan and examines the demographic characteristics of the\\u000a criminals responsible for the criminal activity. The report is based upon data taken from the Criminal Investigation Bureau\\u000a of Taiwan cybercrime database over the interval of 1999 through 2004. The paper defines cybercrime, addresses cybercrime case\\u000a statistics and examines profiles of the

Wenyuan Jen; Weiping Chang; Shihchieh Chou

2006-01-01

490

Avian Hepatitis E Virus in Chickens, Taiwan, 2013  

PubMed Central

A previously unidentified strain of avian hepatitis E virus (aHEV) is now endemic among chickens in Taiwan. Analysis showed that the virus is 81.5%–86.5% similar to other aHEVs. In Taiwan, aHEV infection has been reported in chickens without aHEV exposure, suggesting transmission from asymptomatic cases or repeated introduction through an unknown common source(s).

Hsu, Ingrid W.-Y.

2014-01-01

491

The exchange rate exposure of U.S. and Japanese banking institutions  

Microsoft Academic Search

In this paper, we examine the foreign exchange exposure of a sample of U.S. and Japanese banking firms. Using daily data, we construct estimates of the exchange rate sensitivity of the equity returns of the U.S. bank holding companies and compare them to those of the Japanese banks. We find that the stock returns of a significant fraction of the

Sandra Chamberlain; John S. Howe; Helen Popper

1997-01-01

492

The Exchange Rate Exposure of U.S. and Japanese Banking Institutions  

Microsoft Academic Search

In this paper, we examine the foreign exchange exposure of a sample of U. S. and Japanese banking firms. Using daily data, we construct estimates of the exchange rate sensitivity of the equity returns of the U.S. bank holding companies and compare them to those of the Japanese banks. We find that the stock returns of a significant fraction of

Sandra L. Chamberlain; John S. Howe; Helen Popper

1996-01-01

493

Environmental variation, vegetation distribution, carbon dynamics and water\\/energy exchange at high latitudes  

Microsoft Academic Search

The responses of high latitude ecosystems to global change involve complex interactions among environmental variables, vegetation distribution, carbon dynamics, and water and energy exchange. These responses may have important consequences for the earth system. In this study, we evaluated how vegetation distribution, carbon stocks and turnover, and water and energy exchange are related to environmental variation spanned by the network

A. D. McGuire; C. Wirth; M. Apps; J. Beringer; J. Clein; H. Epstein; D. W. Kicklighter; J. Bhatti; F. S. Chapin; B. de Groot; D. Efremov; W. Eugster; M. Fukuda; T. Gower; L. Hinzman; B. Huntley; G. J. Jia; E. Kasischke; J. Melillo; V. Romanovsky; A. Shvidenko; E. Vaganov; D. Walker

2002-01-01

494

An outbreak of schistosomiasis japonica in Taiwan.  

PubMed

The present study was undertaken to determine the current status of Schistosoma japonicum infection in the newly found endemic focus at Hanpao Farm, Fangyuan District, Changhua County, West-Central Taiwan. Two field surveys and one laboratory investigation were conducted from July to October 1987. Of 705 snails examined by shedding and crushing methods, 17.0% were found to harbor cercariae of S. japonicum. By sodium sulfate-acid-ether-triton centrifugal sedimentation technique, 25% of 16 cattle, 40% of 5 goats, and 50% of 4 dogs were found to be positive for S. japonicum eggs. In the laboratory, 21 mice were exposed to cercariae from single naturally infected snails. Following inoculation, 7 mice died early, 7 were found infected with male worms, 2 with female worms, and 1 with bisexual infection. The results of the present study indicated that the infection rates of snails and domestic animals are higher than those previously reported from elsewhere in Changhua County. PMID:3151482

Lin, C Y; Fan, P C; Wu, C C

1988-11-01

495

Earthquake Monitoring and Early Warning Systems in Taiwan (Invited)  

NASA Astrophysics Data System (ADS)

The Taiwan region is characterized by a high shortening rate and a strong seismic activity. The Central Weather Bureau (CWB) is responsible for the earthquake monitoring in Taiwan. The CWB seismic network consists of 71 real-time short-period seismic stations in Taiwan region for routinely earthquake monitoring and has recorded about 18,000 events each year in a roughly 400 km x 550 km region. There are 53 real-time broadband stations install for seismological research purposes and reporting moment tensor solution in Taiwan. With the implementation of a real-time strong-motion network by the CWB, earthquake rapid reporting and early warning systems have been developed in Taiwan. The network consists of 110 stations. For rapid reporting system, when a potentially felt earthquake occurs around the Taiwan area, the location, magnitude and shake map of seismic intensities can be automatically reported within about 40 to 60 sec. For large earthquakes, the shaking map and losses can be estimated within 2 min after the earthquake occurrence. For earthquake early warning system, earthquake information could be determined at about 15 to 20 sec after a large earthquake occurrence. Therefore, this system can provide early warning before the arrival of S-wave for metropolitan areas located 70 km away from the epicenter. Recently, onsite earthquake early warning device is developed using MEMS sensor. It focuses on that to offer early warning for areas close to the epicenter.

Wu, Y.

2010-12-01

496

Substituting stock with time: the effect of delivery spare time on safety stock  

Microsoft Academic Search

The aim of this paper is to explore some operative aspects of virtual safety stock management and specifically how the parameters of the traditional safety stock management model could be modified when the delivery due dates do no impose binding constraint on the production or the delivery pace. The presence of an extra-time for the delivery can be exploited to

Massimiliano M. Schiraldi; Van de Velde

2002-01-01

497

Heat exchanger  

SciTech Connect

A heat exchanger having primary and secondary conduits in heat-exchanging relationship is described comprising: at least one serpentine tube having parallel sections connected by reverse bends, the serpentine tube constituting one of the conduits; a group of open-ended tubes disposed adjacent to the parallel sections, the open-ended tubes constituting the other of the conduits, and forming a continuous mass of contacting tubes extending between and surrounding the serpentine tube sections; and means securing the mass of tubes together to form a predetermined cross-section of the entirety of the mass of open-ended tubes and tube sections.

Drury, C.R.

1988-02-02

498

Review of industrial pollution prevention in the United States and Taiwan  

SciTech Connect

Pollution prevention is rapidly becoming a primary focus of environmental protection,in many developed nations. This paper reviews the developments and status of industrial pollution-prevention programs in the United States and industrial waste-minimization programs in Taiwan. The general techniques and practices of pollution prevention are described, followed by estimates of program accomplishments. Although pollution prevention has many advantages, technical and institutional barriers can inhibit the widespread use of pollution-prevention practices. Governments can employ measures to overcome these barriers and to promote pollution-prevention concepts. These measures include economic incentives, technical assistance, information exchange, public education, toxics-use bans, mandatory pollution-prevention audits, and mandatory toxic-release reports.

Chiu, Shen-yann

1992-09-01

499

Review of industrial pollution prevention in the United States and Taiwan  

SciTech Connect

Pollution prevention is rapidly becoming a primary focus of environmental protection,in many developed nations. This paper reviews the developments and status of industrial pollution-prevention programs in the United States and industrial waste-minimization programs in Taiwan. The general techniques and practices of pollution prevention are described, followed by estimates of program accomplishments. Although pollution prevention has many advantages, technical and institutional barriers can inhibit the widespread use of pollution-prevention practices. Governments can employ measures to overcome these barriers and to promote pollution-prevention concepts. These measures include economic incentives, technical assistance, information exchange, public education, toxics-use bans, mandatory pollution-prevention audits, and mandatory toxic-release reports.

Chiu, Shen-yann.

1992-01-01

500

17 CFR 230.416 - Securities to be issued as a result of stock splits, stock dividends and anti-dilution provisions...  

Code of Federal Regulations, 2013 CFR

...issued as a result of stock splits, stock dividends and anti-dilution provisions and interests...issued as a result of stock splits, stock dividends and anti-dilution provisions and interests...dilution resulting from stock splits, stock dividends, or similar transactions, such...

2013-04-01