TY - JOUR AB - Banks face a 'behavioralization' of their balance sheets since deposit funding increasingly consists of non-maturing deposits with uncertain cash flows exposing banks to asset liability (ALM) risk. Thus, this study examines the behavior of banks’ retail customers regarding non-maturing deposits. Our unique sample comprises the contract and cash flow data for 2.2 million individual contracts from 1991 to 2010. We find that contractual rewards, i.e., qualified interest payments, and government subsidies, effectively stabilize saving behavior and thus bank funding. The probability of an early deposit withdrawal decreases by approximately 40%, and cash flow volatility drops by about 25%. Our findings provide important insights for banks using pricing incentives to steer desired saving patterns for their non-maturing deposit portfolios. Finally, these results are informative regarding the bank liquidity regulations (Basel III) concerning the stability of deposits and the minimum requirements for risk management (European Commission DIRECTIVE 2006/48/EC). AU - Schlueter, Tobias AU - Sievers, Sönke AU - Hartmann-Wendels, Thomas ID - 4873 JF - Journal of Banking & Finance (VHB-JOURQUAL 3 Ranking A) KW - retail saving behavior KW - non-maturing deposits KW - deposit funding KW - contractual rewards KW - interest rate bonus KW - saving persistence KW - cash flow volatility TI - Bank funding stability, pricing strategies and the guidance of depositors VL - 51 ER - TY - JOUR AU - Giefers, Heiner AU - Plessl, Christian AU - Förstner, Jens ID - 1779 IS - 5 JF - ACM SIGARCH Computer Architecture News KW - funding-maxup KW - tet_topic_hpc SN - 0163-5964 TI - Accelerating Finite Difference Time Domain Simulations with Reconfigurable Dataflow Computers VL - 41 ER - TY - JOUR AB - Employing a Hausman–Taylor instrument variable (HT–IV) estimator to data from 558 microfinance institutions (MFIs) in 80 developing countries for the period from 2002 to 2007, this paper provides empirical evidence for a positive impact of a country's external governance quality and outcome on local microbanks' economic success in terms of profitability and sustainability. Evidence as well suggests a negative relationship between external governance and the microbanks' social success measured by the depth of outreach. In this context, our analysis reveals that a country's political stability, governance effectiveness, regulatory quality and rule of law are significant key elements of external governance affecting the MFIs' functional performance. Moreover, results from sensitivity analyses indicate that the relationship between external governance quality and microfinance functional performance significantly depends on the microbanks' business concepts, their lending methodologies and sources of funding. AU - Uhde, André AU - Müller, Oliver ID - 4398 IS - 2/3 JF - International Journal of Monetary Economics and Finance KW - microfinance KW - external governance KW - economic success KW - social success KW - developing countries KW - profitability KW - sustainability KW - microbanks KW - outreach KW - political stability KW - governance effectiveness KW - regulatory quality KW - rule of law KW - governance quality KW - lending methodologies KW - funding sources TI - External governance outcome and microfinance success VL - 6 ER - TY - CONF AB - Although the benefits of FPGAs for accelerating scientific codes are widely acknowledged, the use of FPGA accelerators in scientific computing is not widespread because reaping these benefits requires knowledge of hardware design methods and tools that is typically not available with domain scientists. A promising but hardly investigated approach is to develop tool flows that keep the common languages for scientific code (C,C++, and Fortran) and allow the developer to augment the source code with OpenMPlike directives for instructing the compiler which parts of the application shall be offloaded the FPGA accelerator. In this work we study whether the promise of effective FPGA acceleration with an OpenMP-like programming effort can actually be held. Our target system is the Convey HC-1 reconfigurable computer for which an OpenMP-like programming environment exists. As case study we use an application from computational nanophotonics. Our results show that a developer without previous FPGA experience could create an FPGA-accelerated application that is competitive to an optimized OpenMP-parallelized CPU version running on a two socket quad-core server. Finally, we discuss our experiences with this tool flow and the Convey HC-1 from a productivity and economic point of view. AU - Meyer, Björn AU - Schumacher, Jörn AU - Plessl, Christian AU - Förstner, Jens ID - 2106 KW - funding-upb-forschungspreis KW - funding-maxup KW - tet_topic_hpc T2 - Proc. Int. Conf. on Field Programmable Logic and Applications (FPL) TI - Convey Vector Personalities – FPGA Acceleration with an OpenMP-like Effort? ER - TY - JOUR AU - Schumacher, Tobias AU - Plessl, Christian AU - Platzner, Marco ID - 2108 IS - 2 JF - Microprocessors and Microsystems KW - funding-altera SN - 0141-9331 TI - IMORC: An Infrastructure and Architecture Template for Implementing High-Performance Reconfigurable FPGA Accelerators VL - 36 ER - TY - CONF AU - Beisel, Tobias AU - Wiersema, Tobias AU - Plessl, Christian AU - Brinkmann, André ID - 2180 KW - funding-enhance T2 - Proc. Workshop on Computer Architecture and Operating System Co-design (CAOS) TI - Programming and Scheduling Model for Supporting Heterogeneous Accelerators in Linux ER - TY - CONF AU - Kenter, Tobias AU - Plessl, Christian AU - Platzner, Marco AU - Kauschke, Michael ID - 2191 KW - funding-intel T2 - Intel European Research and Innovation Conference TI - Estimation and Partitioning for CPU-Accelerator Architectures ER - TY - CONF AU - Kenter, Tobias AU - Platzner, Marco AU - Plessl, Christian AU - Kauschke, Michael ID - 2200 KW - design space exploration KW - LLVM KW - partitioning KW - performance KW - estimation KW - funding-intel SN - 978-1-4503-0554-9 T2 - Proc. Int. Symp. on Field-Programmable Gate Arrays (FPGA) TI - Performance Estimation Framework for Automated Exploration of CPU-Accelerator Architectures ER - TY - JOUR AU - Schumacher, Tobias AU - Süß, Tim AU - Plessl, Christian AU - Platzner, Marco ID - 2201 JF - Int. Journal of Recon- figurable Computing (IJRC) KW - funding-altera TI - FPGA Acceleration of Communication-bound Streaming Applications: Architecture Modeling and a 3D Image Compositing Case Study ER - TY - CONF AB - In this paper we present instance-specific accelerators for minimum-cost covering problems. We first define the covering problem and discuss a branch&bound algorithm to solve it. Then we describe an instance-specific hardware architecture that implements branch&bound in 3-valued logic and uses reduction techniques usually found in software solvers. Results for small unate covering problems reveal significant raw speedups. AU - Plessl, Christian AU - Platzner, Marco ID - 2428 KW - minimum covering KW - accelerator KW - funding-sundance T2 - Proc. Int. Conf. on Engineering of Reconfigurable Systems and Algorithms (ERSA) TI - Instance-Specific Accelerators for Minimum Covering ER -