Using a simple two-region model where local or central regulators set bank capital requirements as risk sensitive capital or leverage ratios, we demonstrate the importance of capital requirements being set centrally when cross-region spillovers are large and local regulators suffer from substantial regulatory capture.
In the 1970s and 1980s, its unique ecosystem evolved haphazardly out of a combination of factors, including spillover from large military R&D efforts, strong diaspora connections to capital and customers, and a culture that prized frugality, education, and unconventional wisdom.
For example, in a previous study, postprandial plasma NEFA spillover was larger with discrete meal intake compared to continuous enteral infusion [40].
It can be expected that the frequency of spillover is larger than the actual establishment of newly inherited infections, and this difference may inflate global estimates of actual infection frequencies.
Hence, there are large spillovers in the size of the written corpus that follow from the intricate dependency structure of language stemming from the various grammatical roles39,40.
As a result, an argument can be made for subsidizing students in fields with potentially large spillovers, such as microbiology, chemical engineering, nuclear physics and computer science.
In addition, they claim that the mixed game can generate more output than non-cooperative two-stage game for large spillovers.
Members of the MPC are taking seriously the risk "of a disorderly response in financial markets, with possibly large spillovers to other countries, if a slowdown [in China] were to be caused by instability in the Chinese financial system".
The largest spillovers or externalities are expected in the biggest municipalities.
New research shows large spillover from the lab to commercial activity.
