Results 1 - 10 of 117,859

Bank Runs, Deposit Insurance, and Liquidity

by Douglas W. Diamond, Philip H. Dybvig - Journal of Political Economy , 2000
"... This article develops a model which shows that bank deposit contracts can provide allocations superior to those of exchange markets, offering an explanation of how banks subject to runs can attract deposits. Investors face privately observed risks which lead to a demand for liquidity. Traditional ..."
Abstract - Cited by 1245 (15 self) - Add to MetaCart
This article develops a model which shows that bank deposit contracts can provide allocations superior to those of exchange markets, offering an explanation of how banks subject to runs can attract deposits. Investors face privately observed risks which lead to a demand for liquidity

Risks for the long run: A potential resolution of asset pricing puzzles

by Ravi Bansal, Amir Yaron - JOURNAL OF FINANCE , 1994
"... We model consumption and dividend growth rates as containing (i) a small long-run predictable component and (ii) fluctuating economic uncertainty (consumption volatility). These dynamics, for which we provide empirical support, in conjunction with Epstein and Zin’s (1989) preferences, can explain ke ..."
Abstract - Cited by 761 (63 self) - Add to MetaCart
We model consumption and dividend growth rates as containing (i) a small long-run predictable component and (ii) fluctuating economic uncertainty (consumption volatility). These dynamics, for which we provide empirical support, in conjunction with Epstein and Zin’s (1989) preferences, can explain

Dynamic topic models

by David M. Blei, John D. Lafferty - In ICML , 2006
"... Scientists need new tools to explore and browse large collections of scholarly literature. Thanks to organizations such as JSTOR, which scan and index the original bound archives of many journals, modern scientists can search digital libraries spanning hundreds of years. A scientist, suddenly ..."
Abstract - Cited by 681 (29 self) - Add to MetaCart
Scientists need new tools to explore and browse large collections of scholarly literature. Thanks to organizations such as JSTOR, which scan and index the original bound archives of many journals, modern scientists can search digital libraries spanning hundreds of years. A scientist, suddenly

On active contour models and balloons

by D. Cohen - CVGIP: Image
"... The use.of energy-minimizing curves, known as “snakes, ” to extract features of interest in images has been introduced by Kass, Witkhr & Terzopoulos (Znt. J. Comput. Vision 1, 1987,321-331). We present a model of deformation which solves some of the problems encountered with the original method. ..."
Abstract - Cited by 588 (43 self) - Add to MetaCart
The use.of energy-minimizing curves, known as “snakes, ” to extract features of interest in images has been introduced by Kass, Witkhr & Terzopoulos (Znt. J. Comput. Vision 1, 1987,321-331). We present a model of deformation which solves some of the problems encountered with the original method

Nonparametric model for background subtraction

by Ahmed Elgammal, David Harwood, Larry Davis - in ECCV ’00 , 2000
"... Abstract. Background subtraction is a method typically used to seg-ment moving regions in image sequences taken from a static camera by comparing each new frame to a model of the scene background. We present a novel non-parametric background model and a background subtraction approach. The model can ..."
Abstract - Cited by 545 (17 self) - Add to MetaCart
quickly to changes in the scene which enables very sensitive detection of moving targets. We also show how the model can use color information to suppress detec-tion of shadows. The implementation of the model runs in real-time for both gray level and color imagery. Evaluation shows that this approach

Modeling and Forecasting Realized Volatility

by Torben G. Andersen, Tim Bollerslev, Francis X. Diebold, Paul Labys , 2002
"... this paper is built. First, although raw returns are clearly leptokurtic, returns standardized by realized volatilities are approximately Gaussian. Second, although the distributions of realized volatilities are clearly right-skewed, the distributions of the logarithms of realized volatilities are a ..."
Abstract - Cited by 549 (50 self) - Add to MetaCart
are approximately Gaussian. Third, the long-run dynamics of realized logarithmic volatilities are well approximated by a fractionally-integrated long-memory process. Motivated by the three ABDL empirical regularities, we proceed to estimate and evaluate a multivariate model for the logarithmic realized volatilities

National debt in a neoclassical growth model.'

by Peter A Diamond - American Economic Review,
"... This paper contains a model designed to serve two purposes, to examine long-run competitive equilibrium in a growth model and then to explore the effects on this equilibrium of government debt. Samuelson [8] has examined the determination of interest rates in a singlecommodity world without durable ..."
Abstract - Cited by 698 (0 self) - Add to MetaCart
This paper contains a model designed to serve two purposes, to examine long-run competitive equilibrium in a growth model and then to explore the effects on this equilibrium of government debt. Samuelson [8] has examined the determination of interest rates in a singlecommodity world without

A Study of Cross-Validation and Bootstrap for Accuracy Estimation and Model Selection

by Ron Kohavi - INTERNATIONAL JOINT CONFERENCE ON ARTIFICIAL INTELLIGENCE , 1995
"... We review accuracy estimation methods and compare the two most common methods: cross-validation and bootstrap. Recent experimental results on artificial data and theoretical results in restricted settings have shown that for selecting a good classifier from a set of classifiers (model selection), te ..."
Abstract - Cited by 1283 (11 self) - Add to MetaCart
We review accuracy estimation methods and compare the two most common methods: cross-validation and bootstrap. Recent experimental results on artificial data and theoretical results in restricted settings have shown that for selecting a good classifier from a set of classifiers (model selection

Model-Based Analysis of Oligonucleotide Arrays: Model Validation, Design Issues and Standard Error Application

by Cheng Li, Wing Hung Wong , 2001
"... Background: A model-based analysis of oligonucleotide expression arrays we developed previously uses a probe-sensitivity index to capture the response characteristic of a specific probe pair and calculates model-based expression indexes (MBEI). MBEI has standard error attached to it as a measure of ..."
Abstract - Cited by 775 (28 self) - Add to MetaCart
correlations with the original 20-probe PM/MM difference model. MBEI method is able to extend the reliable detection limit of expression to a lower mRNA concentration. The standard errors of MBEI can be used to construct confidence intervals of fold changes, and the lower confidence bound of fold change is a

A volumetric method for building complex models from range images,”

by Brian Curless , Marc Levoy - in Proceedings of the 23rd annual conference on Computer graphics and interactive techniques. ACM, , 1996
"... Abstract A number of techniques have been developed for reconstructing surfaces by integrating groups of aligned range images. A desirable set of properties for such algorithms includes: incremental updating, representation of directional uncertainty, the ability to fill gaps in the reconstruction, ..."
Abstract - Cited by 1020 (17 self) - Add to MetaCart
with one range image at a time, we first scan-convert it to a distance function, then combine this with the data already acquired using a simple additive scheme. To achieve space efficiency, we employ a run-length encoding of the volume. To achieve time efficiency, we resample the range image to align
Results 1 - 10 of 117,859