{"id":"https://openalex.org/W1981236679","doi":"https://doi.org/10.1155/2007/32824","title":"Minimizing Banking Risk in a L\u00e9vy Process Setting","display_name":"Minimizing Banking Risk in a L\u00e9vy Process Setting","publication_year":2007,"publication_date":"2007-01-01","ids":{"openalex":"https://openalex.org/W1981236679","doi":"https://doi.org/10.1155/2007/32824","mag":"1981236679"},"language":"en","primary_location":{"id":"doi:10.1155/2007/32824","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2007/32824","pdf_url":"https://downloads.hindawi.com/journals/jam/2007/032824.pdf","source":{"id":"https://openalex.org/S190082376","display_name":"Journal of Applied Mathematics","issn_l":"1110-757X","issn":["1110-757X","1687-0042"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Mathematics","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://downloads.hindawi.com/journals/jam/2007/032824.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000795039","display_name":"Frednard Gideon","orcid":null},"institutions":[{"id":"https://openalex.org/I27765905","display_name":"North-West University","ror":"https://ror.org/010f1sq29","country_code":"ZA","type":"education","lineage":["https://openalex.org/I27765905"]}],"countries":["ZA"],"is_corresponding":true,"raw_author_name":"F. Gideon","raw_affiliation_strings":["Department of Mathematics and Applied Mathematics, Faculty of Science, North-West University (Potchefstroom Campus), Private Bag X 6001, Potchefstroom 2520, South Africa"],"affiliations":[{"raw_affiliation_string":"Department of Mathematics and Applied Mathematics, Faculty of Science, North-West University (Potchefstroom Campus), Private Bag X 6001, Potchefstroom 2520, South Africa","institution_ids":["https://openalex.org/I27765905"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5030486358","display_name":"Janine Mukuddem-Petersen","orcid":"https://orcid.org/0000-0003-0848-2916"},"institutions":[{"id":"https://openalex.org/I27765905","display_name":"North-West University","ror":"https://ror.org/010f1sq29","country_code":"ZA","type":"education","lineage":["https://openalex.org/I27765905"]}],"countries":["ZA"],"is_corresponding":false,"raw_author_name":"J. Mukuddem-Petersen","raw_affiliation_strings":["Department of Mathematics and Applied Mathematics, Faculty of Science, North-West University (Potchefstroom Campus), Private Bag X 6001, Potchefstroom 2520, South Africa"],"affiliations":[{"raw_affiliation_string":"Department of Mathematics and Applied Mathematics, Faculty of Science, North-West University (Potchefstroom Campus), Private Bag X 6001, Potchefstroom 2520, South Africa","institution_ids":["https://openalex.org/I27765905"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5102854920","display_name":"Mitchell A. Petersen","orcid":"https://orcid.org/0009-0008-8271-5822"},"institutions":[{"id":"https://openalex.org/I27765905","display_name":"North-West University","ror":"https://ror.org/010f1sq29","country_code":"ZA","type":"education","lineage":["https://openalex.org/I27765905"]}],"countries":["ZA"],"is_corresponding":false,"raw_author_name":"M. A. Petersen","raw_affiliation_strings":["Department of Mathematics and Applied Mathematics, Faculty of Science, North-West University (Potchefstroom Campus), Private Bag X 6001, Potchefstroom 2520, South Africa"],"affiliations":[{"raw_affiliation_string":"Department of Mathematics and Applied Mathematics, Faculty of Science, North-West University (Potchefstroom Campus), Private Bag X 6001, Potchefstroom 2520, South Africa","institution_ids":["https://openalex.org/I27765905"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5000795039"],"corresponding_institution_ids":["https://openalex.org/I27765905"],"apc_list":{"value":1025,"currency":"USD","value_usd":1025},"apc_paid":{"value":1025,"currency":"USD","value_usd":1025},"fwci":2.56,"has_fulltext":true,"cited_by_count":14,"citation_normalized_percentile":{"value":0.89868352,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"2007","issue":null,"first_page":"1","last_page":"25"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.991599977016449,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11496","display_name":"Credit Risk and Financial Regulations","score":0.9871000051498413,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/provisioning","display_name":"Provisioning","score":0.6219037771224976},{"id":"https://openalex.org/keywords/reserve-requirement","display_name":"Reserve requirement","score":0.6115093231201172},{"id":"https://openalex.org/keywords/debt","display_name":"Debt","score":0.5744484066963196},{"id":"https://openalex.org/keywords/excess-reserves","display_name":"Excess reserves","score":0.537416934967041},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5344110727310181},{"id":"https://openalex.org/keywords/proxy","display_name":"Proxy (statistics)","score":0.48686307668685913},{"id":"https://openalex.org/keywords/order","display_name":"Order (exchange)","score":0.48199811577796936},{"id":"https://openalex.org/keywords/collateral","display_name":"Collateral","score":0.47939062118530273},{"id":"https://openalex.org/keywords/process","display_name":"Process (computing)","score":0.46326425671577454},{"id":"https://openalex.org/keywords/cash-flow","display_name":"Cash flow","score":0.4444428086280823},{"id":"https://openalex.org/keywords/cash","display_name":"Cash","score":0.41934025287628174},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4020986258983612},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.39876788854599},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.30126506090164185},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.2534957528114319},{"id":"https://openalex.org/keywords/central-bank","display_name":"Central bank","score":0.23729899525642395},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"Monetary policy","score":0.1461893618106842}],"concepts":[{"id":"https://openalex.org/C172191483","wikidata":"https://www.wikidata.org/wiki/Q1071806","display_name":"Provisioning","level":2,"score":0.6219037771224976},{"id":"https://openalex.org/C150149615","wikidata":"https://www.wikidata.org/wiki/Q1058762","display_name":"Reserve requirement","level":4,"score":0.6115093231201172},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5744484066963196},{"id":"https://openalex.org/C57031852","wikidata":"https://www.wikidata.org/wiki/Q5419533","display_name":"Excess reserves","level":5,"score":0.537416934967041},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5344110727310181},{"id":"https://openalex.org/C2780148112","wikidata":"https://www.wikidata.org/wiki/Q1432581","display_name":"Proxy (statistics)","level":2,"score":0.48686307668685913},{"id":"https://openalex.org/C182306322","wikidata":"https://www.wikidata.org/wiki/Q1779371","display_name":"Order (exchange)","level":2,"score":0.48199811577796936},{"id":"https://openalex.org/C2777910564","wikidata":"https://www.wikidata.org/wiki/Q694563","display_name":"Collateral","level":2,"score":0.47939062118530273},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.46326425671577454},{"id":"https://openalex.org/C163428354","wikidata":"https://www.wikidata.org/wiki/Q1047513","display_name":"Cash flow","level":2,"score":0.4444428086280823},{"id":"https://openalex.org/C2778083465","wikidata":"https://www.wikidata.org/wiki/Q693464","display_name":"Cash","level":2,"score":0.41934025287628174},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4020986258983612},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.39876788854599},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.30126506090164185},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.2534957528114319},{"id":"https://openalex.org/C2992735868","wikidata":"https://www.wikidata.org/wiki/Q66344","display_name":"Central bank","level":3,"score":0.23729899525642395},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.1461893618106842},{"id":"https://openalex.org/C76155785","wikidata":"https://www.wikidata.org/wiki/Q418","display_name":"Telecommunications","level":1,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1155/2007/32824","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2007/32824","pdf_url":"https://downloads.hindawi.com/journals/jam/2007/032824.pdf","source":{"id":"https://openalex.org/S190082376","display_name":"Journal of Applied Mathematics","issn_l":"1110-757X","issn":["1110-757X","1687-0042"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Mathematics","raw_type":"journal-article"},{"id":"pmh:oai:CULeuclid:euclid.jam/1183667201","is_oa":false,"landing_page_url":"http://projecteuclid.org/euclid.jam/1183667201","pdf_url":null,"source":{"id":"https://openalex.org/S4306400787","display_name":"Project Euclid (Cornell University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I205783295","host_organization_name":"Cornell University","host_organization_lineage":["https://openalex.org/I205783295"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Text"},{"id":"pmh:oai:RePEc:hin:jnljam:032824","is_oa":false,"landing_page_url":"http://downloads.hindawi.com/journals/JAM/2007/032824.xml","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:doaj.org/article:04f6a36719064ae5b5c846d98e0c117f","is_oa":true,"landing_page_url":"https://doaj.org/article/04f6a36719064ae5b5c846d98e0c117f","pdf_url":null,"source":{"id":"https://openalex.org/S112646816","display_name":"SHILAP Revista de lepidopterolog\u00eda","issn_l":"0300-5267","issn":["0300-5267","2340-4078"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Journal of Applied Mathematics, Vol 2007 (2007)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1155/2007/32824","is_oa":true,"landing_page_url":"https://doi.org/10.1155/2007/32824","pdf_url":"https://downloads.hindawi.com/journals/jam/2007/032824.pdf","source":{"id":"https://openalex.org/S190082376","display_name":"Journal of Applied Mathematics","issn_l":"1110-757X","issn":["1110-757X","1687-0042"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319869","host_organization_name":"Hindawi Publishing Corporation","host_organization_lineage":["https://openalex.org/P4310319869"],"host_organization_lineage_names":["Hindawi Publishing Corporation"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Applied Mathematics","raw_type":"journal-article"},"sustainable_development_goals":[{"display_name":"Partnerships for the goals","score":0.5,"id":"https://metadata.un.org/sdg/17"}],"awards":[],"funders":[{"id":"https://openalex.org/F4320323194","display_name":"North-West University","ror":"https://ror.org/010f1sq29"}],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W1981236679.pdf","grobid_xml":"https://content.openalex.org/works/W1981236679.grobid-xml"},"referenced_works_count":25,"referenced_works":["https://openalex.org/W1668826802","https://openalex.org/W1996106252","https://openalex.org/W2002530172","https://openalex.org/W2005762289","https://openalex.org/W2009684063","https://openalex.org/W2016360053","https://openalex.org/W2016866021","https://openalex.org/W2025267090","https://openalex.org/W2029023465","https://openalex.org/W2058903005","https://openalex.org/W2067091303","https://openalex.org/W2069044971","https://openalex.org/W2070819770","https://openalex.org/W2076458153","https://openalex.org/W2077791698","https://openalex.org/W2081877251","https://openalex.org/W2115102690","https://openalex.org/W2127247488","https://openalex.org/W2128412556","https://openalex.org/W2154044885","https://openalex.org/W2163862709","https://openalex.org/W3122666528","https://openalex.org/W3125290385","https://openalex.org/W3125467198","https://openalex.org/W4244967830"],"related_works":["https://openalex.org/W2121080566","https://openalex.org/W1608686172","https://openalex.org/W2489313171","https://openalex.org/W2055339505","https://openalex.org/W2183618376","https://openalex.org/W2384261344","https://openalex.org/W2319695589","https://openalex.org/W2404315566","https://openalex.org/W3122291037","https://openalex.org/W1526788412"],"abstract_inverted_index":{"The":[0,89],"primary":[1],"functions":[2],"of":[3,32,39,50,59,68,105,128,136,153,160,167],"a":[4,80,96,161,165],"bank":[5,34],"are":[6,72,112],"to":[7,16,21,29,55,74,94,102],"obtain":[8],"funds":[9,20],"through":[10],"deposits":[11,35],"from":[12,63,122,143],"external":[13],"sources":[14],"and":[15,77,108,125,176],"use":[17],"the":[18,30,57,83,87,103,115,118,129,137,144,158,168],"said":[19],"issue":[22],"loans.":[23],"Moreover,":[24],"risk":[25,110,139],"management":[26,140],"practices":[27],"related":[28,73,101],"withdrawal":[31],"these":[33],"have":[36],"always":[37],"been":[38],"considerable":[40],"interest.":[41],"In":[42],"this":[43],"spirit,":[44],"we":[45],"construct":[46],"L\u00e9vy":[47],"process-driven":[48],"models":[49],"banking":[51],"reserves":[52,71],"in":[53],"order":[54],"address":[56],"problem":[58,100,146],"hedging":[60],"deposit":[61,172],"withdrawals":[62,173],"such":[64],"institutions":[65],"by":[66,86],"means":[67],"reserves.":[69,177],"Here":[70],"outstanding":[75],"debt":[76],"acts":[78],"as":[79],"proxy":[81],"for":[82,171],"assets":[84],"held":[85],"bank.":[88],"aforementioned":[90],"modeling":[91],"enables":[92],"us":[93],"formulate":[95],"stochastic":[97],"optimal":[98],"control":[99],"minimization":[104],"reserve,":[106],"depository,":[107],"intrinsic":[109],"that":[111],"associated":[113],"with":[114],"reserve":[116],"process,":[117],"net":[119],"cash":[120],"flows":[121],"depository":[123],"activity,":[124],"cumulative":[126],"costs":[127],"bank's":[130],"provisioning":[131],"strategy,":[132],"respectively.":[133],"A":[134],"discussion":[135],"main":[138],"issues":[141],"arising":[142],"optimization":[145],"mentioned":[147],"earlier":[148],"forms":[149],"an":[150],"integral":[151],"part":[152],"our":[154],"paper.":[155],"This":[156],"includes":[157],"presentation":[159],"numerical":[162],"example":[163],"involving":[164],"simulation":[166],"provisions":[169],"made":[170],"via":[174],"treasuries":[175]},"counts_by_year":[{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":1}],"updated_date":"2026-04-05T17:49:38.594831","created_date":"2025-10-10T00:00:00"}
