TITLE of the PAPER TITLE of the PAPER TITLE of the Paper Title of the PAPER TITLE of THE

TITLE OF THE PAPER TITLE OF THE PAPER TITLE of the paper
title OF THE PAPER TITLE OF THE PAPER TITLE OF THE PAPER

NAME1 SURNAME1a, NAME2 SURNAME2a, NAME3SURNAME3a,b,
NAME4 SURNAME4c

, , ,

a Institution NameA (in English), Faculty NameA (in English), Department NameA (in English), Street Name NumberA, City NameA, Country NameA (in English)

b Institution NameB (in English), Faculty NameB (in English), Department NameB (in English), Street Name NumberB, City NameB, Country NameB (in English)

c Institution NameC (in English), Faculty NameC (in English), Department NameC (in English), Street Name NumberC, City NameC, Country NameC (in English)

Abstract

The abstract summarizes the contents and the original contribution of the paper and should contain between 100 – 250 words. The abstract summarizes the contents and the original contribution of the paper and should contain between 100 – 250 words.

Key words

keyword 1, keyword 2, keyword 3 (a maximum of 7 key words are necessary, written with lowercase initial letters and separated by commas)

JEL classification

Code1, Code2 (a maximum of 4 JEL codes are necessary, separated by commas)

Introduction

It is assumed that the paper is prepared in MS Word making sure that visual and formatting integrity of the paper is in full compliance with this file in every respect. It is assumed that the paper is prepared in MS Word making sure that visual and formatting integrity of the paper is in full compliance with this file in every respect.

You are required to prepare your paperright in this template in order to keep formatting! If the formatting requirements are violated, the author will be requested to repair his paper to make sure that it complies with this template. You are required to prepare your paper right in this template in order to keep formatting! If the formatting requirements are violated, the author will be requested to repair his paper to make sure that it complies with this template.

The required length of the paper is between 8 and 12 pages of this template. The required length of the paper is between 8 and 12 pages of this template. The required length of the paper is between 8 and 12 pages of this template.

You are required to prepare your paper right in this template in order to keep formatting! If the formatting requirements are violated, the author will be requested to repair his paper to make sure that it complies with this template. You are required to prepare your paper right in this template in order to keep formatting! If the formatting requirements are violated, the author will be requested to repair his paper to make sure that it complies with this template.

Paper preparation

Use Times New Roman 12 pt, single-line spacing, do not emphasize text (except headings), i.e. bold type and underlining should be avoided. Tables and figures should never overlap pages. Use Times New Roman 12 pt, single-line spacing, do not emphasize text (except headings), i.e. bold type and underlining should be avoided. Tables and figures should never overlap pages and they must be mentioned in the text of the paper.

Always state the source of tabulations and figures. Examples are shown under Table 1 and Figure 1. If a table or a figure are not borrowed from literature, please state "Source: the author" or "Source: the authors" and avoid stating the data that served in creating the tabular or graphical output. The data and their source should be in full described in the text. Other examples may be: "Source: adapted from Greene (2008, p. 101)" or "Source: Appendix A in National Bank of Slovakia (2012)".

The preferable font for tables is Times New Roman of size 12 or 10. Nevertheless, the font size may be further reduced so that a table fits the page.

Table 1:Font sizes of headings. Table captions should always be positioned above the tablesand justified (i.e. aligned from the left margin to the right one)

Heading level / Font size and style
Title (centered) / 14 point, bold
1st-level heading / 12 point, bold
2nd-level heading / 12 point, bold

Source: Here state the source. (Examples are as follows: "Source: the author.", "Source: National Bank of Slovakia (2012).", "Source: adapted from Battese and Coelli (1992, p. 157).")

2.1Figures

Line drawings should have a resolution of at least 800 dpi (preferably 1200 dpi).Graphs have to be black and white (halftones). If you send coloured figures that are to be printed in black and white, please make sure that they really are legible in black and white. Line drawings should have a resolution of at least 800 dpi (preferably 1200 dpi).Graphs have to be black and white (halftones). If you send coloured figures that are to be printed in black and white, please make sure that they really are legible in black and white.

Figure 1: ETAP2017 Logo. Figure captions should always be positioned above the tables and justified (i.e. aligned from the left margin to the right one)

Source: Here state the source. (Examples are as follows: "Source: the author.", "Source: National Bank of Slovakia (2012).", "Source: adapted from Battese and Coelli (1992, p. 157).")

Line drawings should have a resolution of at least 800 dpi (preferably 1200 dpi). Graphs have to be black and white (halftones). If you send coloured figures that are to be printed in black and white, please make sure that they really are legible in black and white. Line drawings should have a resolution of at least 800 dpi (preferably 1200 dpi).Graphs have to be black and white (halftones). If you send coloured figures that are to be printed in black and white, please make sure that they really are legible in black and white.

2.2Formulas

Displayed equations or formulas are centered and set on a separate line. Displayed expressions should be numbered for reference. The numbers should be consecutivewithin the contribution, with numbers enclosed in parentheses and set on the right margin. When writing your equations between lines, please copy this sample equation line and then adjust it according to your needs. You must not use the Equation facility of Microsoft ® Word 2007/2010/2013.Instead, equations may be written directly or using the older Microsoft Equation 3 capability (Insert/Object/Microsoft Equation 3). You are required to keep your formatting of mathematical symbols consistent throughout the text of your paper; otherwise, you will be asked to kindly repair your notation. Each equation must be numbered on the right margin and integrated into the text (by a prior introduction and followed by an appropriate punctuation) as it is demonstrated in the following example: "This equation is used to demonstrate the addition operation:

/ (1)

where and are two summands and is their sum." Please copy and paste the equation line and use it in this way in your paper. When done correctly, the numbering should be automatically updated.

2.3Citations

Please use author (year, pages) in active referencing or (author, year, pages) in passive referencing in the text. An example of active referencing is: "As is defended by Goodhard (2000), this is a substantial factor that should be reflected in banking regulations" and an example of passive referencing is: "Many authors argue (e.g. Greene, 2008; Battese and Coelli, 1992) that this method of estimation is the only viable option". If there are three or more authors, start with the name of the first authors and the other names should be replaced simply by "et al.". An example is: "Zhang et al. (2008) observe that performance of various equity styles is linked with market states and business cycle."

If specific information is subject to referencing, also pages must be declared as in: "... which results in an optimization task that is a Taylor-expansion approximation also to non-exponential utilities (see e.g. Markowitz, 1987, p. 60; Alexander, 2008, pp. 230, 234)". Use the abbreviation "p." when referencing to a particular page, use the abbreviation "pp." for several pages or a range of them. If the entire work is referred to, please drop the page reference. Examples may be "Battese and Coelli (1992, p. 157)" for one page cited, "Greene (2008, pp. 100-102, 109)" for several pages cited or "R Core Team (2017)" for referencing to the entire document.

This method of citing is the Harvard system of referencing. For details please see

In addition, if data for the analysis in the paper are downloaded from the internet or retrieved from an online database, do not include it in the list of references, but confirm this in a footnote providing the full link and the date of retrieval. For example: "The analysis is based on the data sample extracted from the Eurostat database1)." The footnote may then read as follows: "1) Available at (accessed 03-06-2017)." An exception to this rule is data compiled from texts published in print such as reports or yearbooks.

All references enumerated in the list of reference must be incorporated into the text of the paper, and vice versa.

2.4The references section

References have to be formatted following ISO 690 format and alphabetically ordered. If there are more than 2 authors, state the name of the first author and add “et al."More than one reference from the same author(s) in the same year must be identified by sequentially byletters a, b, c, etc., placed directly after the year of publication and used in the same way in citations.Pleasebase your references on the examples below. The required number of references is between 6 and 15. At least 4 references must be from the Web of Science™ Core Collection.

References have to be formatted following ISO 690 format and alphabetically ordered. If there are more than 2 authors, state the name of the first author and add “et al."More than one reference from the same author(s) in the same year must be identified by sequentially byletters a, b, c, etc., placed directly after the year of publication and used in the same way in citations.Please base your references on the examples below. The required number of references is between 6 and 15. At least 4 references must be from the Web of Science™ Core Collection.

Conclusion

The introduction and the abstract must include the aim of the paper. The conclusion must summarize the content of the paper and show the original contribution of the paper. The conclusion will probably summarize the main findings of the paper and point out directions for further research. Please pay attention to the fact that this is a crucial component of the text of the paper. The introduction and the abstract must include the aim of the paper. The conclusion must summarize the content of the paper and show the original contribution of the paper. The conclusion will probably summarize the main findings of the paper and point out directions for further research. Please pay attention to the fact that this is a crucial component of the text of the paper.The introduction and the abstract must include the aim of the paper, the conclusion must summarize the content of the paper and show the original contribution of the paper. The conclusion will probably summarize the main findings of the paper and point out directions for further research. Please pay attention to the fact that this is a crucial component of the text of the paper.The introduction and the abstract must include the aim of the paper, the conclusion must summarize the content of the paper and show the original contribution of the paper. The conclusion will probably summarize the main findings of the paper and point out directions for further research. Please pay attention to the fact that this is a crucial component of the text of the paper.

Acknowledgements

The support of the grant scheme PROJECT NAME PROJECT NUMBER is acknowledged. The support of the grant scheme PROJECT NAME PROJECT NUMBER is acknowledged. The support of the grant scheme PROJECT NAME PROJECT NUMBER is acknowledged.

References

[1]Battesse, G. E., Coelli, T. 1992. Frontier production functions, technical efficiency and panel data: with application to paddy farmers in India. In Journal of Productivity Analysis, 1992, vol. 3, iss. 1-2, pp. 153-169.

[2]Boudt, K., Peeters, B. 2013. Smart harvesting of equity style premia. Finvex fourth white paper. Finvex Group, 2013. [cit. 31-01-2017]

[3]Carmichael, J. et al. 2004. Aligning financial supervisory structures with country needs. Washington : World Bank Institute. 2004. ISBN 0-8213-6002-7.

[4]Goodhart, C. A. E. 2000. The organizational structure of banking supervision. Basel: Financial Stability Institute. 2000. 41 pp. ISSN 1020-8461.

[5]Greene, W. 2008. The econometric approach to efficiency analysis. In Fried, H. O.et al. (eds.) The measurement of productive efficiency and productivity growth. New York : Oxford University Press, 2008. ISBN 978-0-19-518352-8.

[6]Grinold, R.C., Kahn, R.N. 1995. Active portfolio management. Burr Ridge (IL, USA): Irwin/Mc-Graw Hill, 1995. ISBN 1-55738-824-5.

[7]National Bank of Slovakia 2012. Analysis of the Slovak financial sector for the first half of 2011. Research report. [cit. 21-04-2012]

[8]R Core Team 2017.R: a language and environment for statistical computing. Vienna: R Foundation for Statistical Computing, 2017,

[9]Rmetrics Core Team, Wuertz, D. 2011. fPortfolio: Rmetrics –portfolio selection and optimization. R package, version 2130.80,