Browsing by Author "Starck, Janne"

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Web-sovelluksen kehittäminen sähkönjakeluverkon suojareleisiin
(2006) Ahola, Timo
Helsinki University of Technology | Master's thesis
As a result of the standardization work that has been done for the distribution automation systems, the protection relays from different manufacturers become like each other, but on other hand, the new generations of devices will have more potential for new features. This thesis investigates how the different Web-technologies and design patters fit into embedded protection relays. As a part of the research, a marketing survey was conducted, which was used to find out the requirements for the Web-applications that are provided by the protection relay. It has also been investigated how the standardized way of modelling the devices can be used in the development of the Web-applications. Different Web, technologies and standardized ways to model the protection relays are quite new things for the developers that are working in the area of distribution automation systems. One of the aims of this thesis is to provide information from both of these areas. The technologies and design patterns that are implemented were chosen according to the limited hardware resources and long life cycles of the devices; number of product variants and transferability were also considered when the technologies were chosen.
Effects of Long-Term Liquidity Provisions on Bank Loan Supply: A Euro Area Review
(2021) Starck, Janne
School of Business | Bachelor's thesis
Following the financial and sovereign debt crises, the European Central Bank has implemented a variety of unconventional monetary policy measures to maintain financial stability, among other mandated aims. One such measure are the long-term refinancing operations, both non-targeted and targeted. These operations have been undertaken with the aim of stimulating the credit supply from commercial banks. This literature review seeks to evaluate the effect these operations have had on loan supply in the euro area. A variant of the Monti-Klein model of banking is introduced from the literature, and a hypothesis is formed. The findings of the empirical literature are then evaluated against this hypothesis before forming an answer to the research question of this review. It is found that these long-term refinancing measures undertaken by the European Central Bank have broadly succeeded in their main aims: loan supply has increased as measured across the euro area, as well as in individual countries within. The positive shift in loan supply is observed as increased probabilities of favorable lending conditions, and as increased volumes of credit. These increases in lending have been heterogeneous by country, bank, and bank customer characteristics.