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In this work, we introduce and construct DD-restricted Functional Encryption (FE) for any constant D≥3D≥3, based only on the SXDH assumption over bilinear groups. This generalizes the notion of 33-res...
DD -restricted FE allows for useful evaluation of constant-degree polynomials, while only requiring the SXDH assumption over bilinear groups. As such, it is a powerful tool for leveraging hardness tha...
Leverage Across Firms, Banks and Countries     crisis  international  banks         2015/9/21
We present new stylized facts on bank and rm leverage during the period 2000{2009 using internationally comparable micro level data from many countries. We document the following patterns: a) there...
Such generators possess ‘local’ monopoly power, and in deregulated settings have frequently been able to extract significant rents from their advantageous locations within a power system. Sinc...
What makes the difference in student achievement? What elements among ‘what makes the difference’ can a school principal influence? How does the principal influence these for the better? How do t...
We investigate intermediary asset pricing theories empirically and find strong support for intermediary book leverage as the relevant state variable. A parsimonious dynamic pricing model that uses det...
The availability of credit varies over the business cycle through shifts in the leverage of financial intermediaries. Empirically, we find that intermediary leverage is negatively aligned ...
In redesigning a methods course for Singapore Secondary Mathematics prospective teachers, we leverage on video technology to help them learn about the instructional practice of going through textbook-...
We explore the extent to which Önancial conditions áuctuate due to áuctuations in leverage, and thereby connect the recent literature on banking crises with the ìleverage e§ectîof Fisher Bla...
Based on a criterion of mathematical simplicity and consistency with empirical market data, a stochastic volatility model has been obtained with the volatility process driven by fractional noise. Depe...
The practice of valuation by marking-to-market with current trading prices is seriously flawed. Under leverage the problem is particularly dramatic: due to the concave form of market impact, selling a...
The availability of credit varies over the business cycle through shifts in the leverage of financial intermediaries. Empirically, we find that intermediary leverage is negatively aligned...
We explore the extent to which Önancial conditions áuctuate due to áuctuations in leverage, and thereby connect the recent literature on banking crises with the ìleverage e§ectîof Fisher B...
Firms reduce leverage following credit rating downgrades. In the year following a downgrade, downgraded firms issue approximately 1.5%--2.0% less net debt relative to net equity as a percentage of ass...

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