WorldWideScience

Sample records for admin tool returns

  1. An Integrated Tool for System Analysis of Sample Return Vehicles

    Science.gov (United States)

    Samareh, Jamshid A.; Maddock, Robert W.; Winski, Richard G.

    2012-01-01

    The next important step in space exploration is the return of sample materials from extraterrestrial locations to Earth for analysis. Most mission concepts that return sample material to Earth share one common element: an Earth entry vehicle. The analysis and design of entry vehicles is multidisciplinary in nature, requiring the application of mass sizing, flight mechanics, aerodynamics, aerothermodynamics, thermal analysis, structural analysis, and impact analysis tools. Integration of a multidisciplinary problem is a challenging task; the execution process and data transfer among disciplines should be automated and consistent. This paper describes an integrated analysis tool for the design and sizing of an Earth entry vehicle. The current tool includes the following disciplines: mass sizing, flight mechanics, aerodynamics, aerothermodynamics, and impact analysis tools. Python and Java languages are used for integration. Results are presented and compared with the results from previous studies.

  2. Modernising the CERN Admin e-guide

    CERN Multimedia

    DG-RPC-PA (section des processus administratifs)

    2014-01-01

    In just a few years, the CERN Admin e-guide has become the essential guide for CERN's administrative procedures, intended not just for administrative services but for all members of the personnel of CERN. The guide is edited by the Administrative Process Section (DG-RPC-PA) and allows users to look up administrative procedures and forms relating to the application of the Staff Rules and Regulations easily in both French and English. Site visit statistics show that 5000 people on average consult the Admin e-guide each month. The most consulted procedures are those relating to green licence plates, taxes, Swiss and French cards and leave. The site has just been moved over to Drupal, which will make it easier to update the information provided and will improve content management. This system change meant migrating 220 procedures and more than 500 frequently asked questions. The structure has been revised for clarity, but the principles that made the guide so successful have not changed, namely the e...

  3. Predicting Abused Women With Children Who Return to a Shelter: Development and Use of a Rapid Assessment Triage Tool.

    Science.gov (United States)

    McFarlane, Judith; Pennings, Jacquelyn; Liu, Fuqin; Gilroy, Heidi; Nava, Angeles; Maddoux, John A; Montalvo-Liendo, Nora; Paulson, René

    2016-02-01

    To develop a tool to predict risk for return to a shelter, 150 women with children, exiting a domestic violence shelter, were evaluated every 4 months for 24 months to determine risk factors for returning to a shelter. The study identified four risk factors, including danger for murder, woman's age (i.e., older women), tangible support (i.e., access to money, transportation), and child witness to verbal abuse of the mother. An easy to use, quick triage tool with a weighted score was derived, which can identify with 90% accuracy abused women with children most likely to return to shelters. PMID:26270386

  4. Creating Simple Admin Tools Using Info*Engine and Java

    Science.gov (United States)

    Jones, Corey; Kapatos, Dennis; Skradski, Cory; Felkins, J. D.

    2012-01-01

    PTC has provided a simple way to dynamically interact with Windchill using Info*Engine. This presentation will describe how to create a simple Info*Engine Tasks capable of saving Windchill 10.0 administration of tedious work.

  5. Launch of the new CERN Admin e-guide

    CERN Multimedia

    Laëtitia Pedroso

    2010-01-01

    The CERN Admin e-guide is a new guide to the Organization's administrative procedures, which has been drawn up for the benefit of members of the personnel and the various administrative services alike and replaces the old "Administrative Procedures Manual". All the different procedures currently available on separate department sites will henceforth be accessible at a single website.   Home page of the new CERN Admin e-guide. The goal of creating a compendium of CERN's administrative procedures, available at a single website and accessible with a simple click of the mouse, has now been realised.  "It had become difficult to know where to find the relevant up-to-date information on administrative procedures", says Yaël Grange-Lavigne of the HR-SPS-OP Section (Organisation and Procedures), coordinator of the working group that compiled the e-guide. The team, which comprised members of the HR Department, observers from other department...

  6. Introducción a phpMyAdmin, ejercicio

    OpenAIRE

    Suárez Cueto, Armando

    2012-01-01

    El propósito del siguiente ejercicio es replicar, más o menos, la base de datos utilizada en los videos de introducción a phpMyAdmin y comprobar que eres capaz de generar una base de datos y unas cuantas tablas relacionadas entre sí. La solución la tienes al final de este documento pero, claro, mejor si lo intentas por ti mismo primero. Recurso para el MOOC "Introducción al Desarrollo Web", http://idesweb.es BDgite (GITE-11014-UA), departamento de Lenguajes y Sistemas Informáticos, Uni...

  7. Improving Windows desktop security - the 'Non-Admin' Project

    CERN Multimedia

    NICE Team

    2005-01-01

    From 16 January 2006, Windows XP NICE installations (both new computers installed and old computers re-installed) will no longer grant administrative privileges by default to the main user or to the person responsible for the computer. Administrative privileges allow the user to perform administrative actions on the computer, such as installing new applications or changing system settings. Until now, these privileges have been enforced each time machines are rebooted, but this creates a risk of compromising the computer every time a code from an unknown source (e.g. e-mail attachments or web browsing) is executed. So that users can continue to install software and change system settings on their computers, a shortcut called 'NiceAdmin' in the Start | Programmes menu will offer a means of performing certain tasks requiring administrative privileges, but only on demand. Users with valid reasons to be a permanent administrator for their machine will still have this option. However, users wishing to benefit fr...

  8. Participant Satisfaction With a Preference-Setting Tool for the Return of Individual Research Results in Pediatric Genomic Research.

    Science.gov (United States)

    Holm, Ingrid A; Iles, Brittany R; Ziniel, Sonja I; Bacon, Phoebe L; Savage, Sarah K; Christensen, Kurt D; Weitzman, Elissa R; Green, Robert C; Huntington, Noelle L

    2015-10-01

    The perceived benefit of return of individual research results (IRRs) in accordance to participants' preferences in genomic biobank research is unclear. We developed an online preference-setting tool for return of IRRs based on the preventability and severity of a condition, which included an opt-out option for IRRs for mental illness, developmental disorders, childhood-onset degenerative conditions, and adult-onset conditions. Parents of patients Binary"--choice to receive all or none, and (d) "Granular"--use the preference-setting tool to choose categories of IRRs. Parents were given a hypothetical IRRs report for their child. The survey was sent to 11,391 parents and completed by 2,718. The Granular group was the most satisfied with the process, biobank, and hypothetical IRRs received. The None group was least satisfied and least likely to agree that the biobank was beneficial (p < .001). The response to the statement that the biobank was harmful was not different between groups. Our data suggest that the ability to designate preferences leads to greater satisfaction and may increase biobank participation. PMID:26376753

  9. Introducción a phpMyAdmin (3/4)

    OpenAIRE

    Suárez Cueto, Armando

    2012-01-01

    Curso "Introducción al desarrollo web": inserción de datos, creación de una relación muchos a muchos (N:N), claves ajenas, integridad referencial, diseñador de phpMyAdmin. Más información: http://idesweb.es

  10. Introducción a phpMyAdmin (2/4)

    OpenAIRE

    Suárez Cueto, Armando

    2012-01-01

    Curso "Introducción al desarrollo web": phpMyAdmin, creación de tablas, tipos de datos, creación de índices, motores de MySQL (INNODB, MyISAM, MEMORY), inserción de datos, seguimiento de una tabla (historial), exportar una tabla (backup). Más información: http://idesweb.es

  11. Predicting return to work among sickness-certified patients in general practice: Properties of two assessment tools

    OpenAIRE

    von Celsing, Anna-Sophia; Svärdsudd, Kurt; Wallman, Thorne

    2014-01-01

    Aim The purpose was to analyse the properties of two models for the assessment of return to work after sickness certification, a manual one based on clinical judgement including non-measurable information (‘gut feeling’), and a computer-based one. Study population All subjects aged 18 to 63 years, sickness-certified at a primary health care centre in Sweden during 8 months (n = 943), and followed up for 3 years. Methods Baseline information included age, sex, occupational status, sickness cer...

  12. Nástroj pro analýzu uživatelských dat získaných z instalací AVG Admin Konzole

    OpenAIRE

    Heroutová, Tereza

    2012-01-01

    Tento dokument se zabývá návrhem a implementací nástroje, který umožňuje vyhodnocování a vizualizaci statistických dat sesbíraných od uživatelů aplikace AVG Admin Konzole. V dokumentu jsou popsána statistická data s jejich lokalizacemi a také uložení všech těchto dat v databázi. Aplikace byla otestována na reálných datech a na základě analýzy výsledků jsou navržena možná vylepšení. This document describes the design and implementation of a tool which allows for evaluation and visualisation...

  13. Mastering phpMyAdmin 34 for Effective MySQL Management

    CERN Document Server

    Delisle, Marc

    2012-01-01

    This is a step-by-step instructional guide to get you started easily with phpMyAdmin and teach you to manage and perform database functions on your database. You will first be introduced to the interface and then build basic tables and perform both simple and advanced functions on the created database. The book progresses gradually and you will follow it best by reading it sequentially. If you are a developer, system administrator, or web designer who wants to manage MySQL databases and tables efficiently, then this book is for you. This book assumes that you are already wellacquainted with My

  14. Introducción a phpMyAdmin (1/4)

    OpenAIRE

    Suárez Cueto, Armando

    2012-01-01

    Curso "Introducción al desarrollo web": explicación del escenario de aprendizaje, repaso de los conceptos básicos de las bases de datos relacionales (clave primaria, clave ajena, relación), repaso del lenguaje de consulta y de manipulación SQL (select, insert, delete, update), presentación del interfaz y del área de trabajo de phpMyAdmin, creación de un usuario de prueba, privilegios (permisos) de los usuarios. Más información: http://idesweb.es

  15. Return migration.

    Science.gov (United States)

    Gmelch, G

    1980-01-01

    The author reviews the findings of the growing literature on return migration. Topics covered include typologies of return migrants, reasons for return, adaptation and readjustment of returnees, and the impact of return migration on the migrants' home societies. The focus of the study is on international return migration, migration to Northern Europe and northeastern North America, and return migration to the southern and eastern fringes of Europe and the Caribbean

  16. Introducción a phpMyAdmin (parte 0 o resumen)

    OpenAIRE

    Suárez Cueto, Armando

    2012-01-01

    Curso "Introducción al desarrollo web": este vídeo realiza una doble función, sirve como introducción al resto de vídeos, pero también sirve como resumen, por lo que se puede ver tanto al principio como al final. En este vídeo se resume: - Objetivo de los vídeos, introducción a phpMyAdmin. - Parte 1: conceptos generales de bases de datos, creación de usuarios y privilegios. - Parte 2: creación de tablas, tipos de datos, motores de almacenamiento, inserción de filas, exportación (estructura y ...

  17. Returning home

    DEFF Research Database (Denmark)

    Agergaard, Jytte; Brøgger, Ditte

    2016-01-01

    flows. By focusing on these educational migrants, this paper explores how they connect to their rural homes. Guided by a critical reading of the migration-development scholarship, the paper examines how migrants and their relatives make sense of educational migrants’ remitting and returning practices......, and by comparing three groups of educational migrants, the migrants’ reasons for staying connected and sending remittances are scrutinized. The paper finds that although educational migrants do not generate extensive economic remittances for local development in Nepal, they stay connected to their rural homes...

  18. Gold Returns

    OpenAIRE

    Robert J. Barro; Sanjay P. Misra

    2013-01-01

    From 1836 to 2011, the average real rate of price change for gold in the United States is 1.1% per year and the standard deviation is 13.1%, implying a one-standard-deviation confidence band for the mean of (0.1%, 2.1%). The covariances of gold's real rate of price change with consumption and GDP growth rates are small and statistically insignificantly different from zero. These negligible covariances suggest that gold's expected real rate of return--which includes an unobserved dividend yiel...

  19. Mars sample return - Science

    Science.gov (United States)

    Blanchard, Douglas P.

    1988-01-01

    The possible scientific goals of a Mars sample return mission are reviewed, including the value of samples and the selection of sampling sites. The fundamental questions about Mars which could be studied using samples are examined, including planetary formation, differentiation, volcanism and petrogenesis, weathering, and erosion. Scenarios are presented for sample acquisition and analysis. Possible sampling methods and tools are discussed, including drilling techniques, types of rovers, and processing instruments. In addition, the possibility of aerocapture out of elliptical or circular orbit is considered.

  20. Earnings and Expected Returns

    OpenAIRE

    Owen Lamont

    1996-01-01

    The aggregate dividend payout ratio forecasts aggregate excess returns on both stocks and corporate bonds in post-war US data. Both high corporate profits and high stock prices forecast low excess returns on equities. When the payout ratio is high, expected returns are high. The payout ratio's correlation with business conditions gives it predictive power for returns; it contains information about future stock and bond returns that is not captured by other variables. The payout ratio is usefu...

  1. Admin on the Fly

    Science.gov (United States)

    Raths, David

    2009-01-01

    Students at Tompkins Cortland Community College (commonly known as TC3) in upstate New York can use mobile phones to check their grades and course schedules, sign up for text alerts about class cancellations, and view a campus weather cam. They can even view their debit card account balances--all courtesy of the TC3 Mobile portal. The students at…

  2. Xgrid admin guide

    Energy Technology Data Exchange (ETDEWEB)

    Strauss, Charlie E M [Los Alamos National Laboratory

    2010-01-01

    Xgrid, with a capital-X is the name for Apple's grid computing system. With a lower case x, xgrid is the name of the command line utility that clients can use, among other ways, to submit jobs to a controller. An Xgrid divides into three logical components: Agent, Controller and Client. Client computers submit jobs (a set of tasks) they want run to a Controller computer. The Controller queues the Client jobs and distributes tasks to Agent computers. Agent computers run the tasks and report their output and status back to the controller where it is stored until deleted by the Client. The Clients can asynchronously query the controller about the status of a job and the results. Any OSX computer can be any of these. A single mac can be more than one: it's possible to be Agent, Controller and Client at the same time. There is one Controller per Grid. Clients can submit jobs to Controllers of different grids. Agents can work for more than one grid. Xgrid's setup has a pleasantly small palette of choices. The first two decisions to make are the kind of authentication & authorization to use and if a shared file system is needed. A shared file system that all the agents can access can be very beneficial for many computing problems, but it is not appropriate for every network.

  3. Predictable return distributions

    DEFF Research Database (Denmark)

    Pedersen, Thomas Quistgaard

    This paper provides detailed insights into predictability of the entire stock and bond return distribution through the use of quantile regression. This allows us to examine speci…c parts of the return distribution such as the tails or the center, and for a suf…ciently …ne grid of quantiles we can...... predictable as a function of economic state variables. The results are, however, very different for stocks and bonds. The state variables primarily predict only location shifts in the stock return distribution, while they also predict changes in higher-order moments in the bond return distribution. Out......-of-sample analyses show that the relative accuracy of the state variables in predicting future returns varies across the distribution. A portfolio study shows that an investor with power utility can obtain economic gains by applying the empirical return distribution in portfolio decisions instead of imposing an...

  4. Sustainable Refugee Return

    OpenAIRE

    Harild, Niels; Christensen, Asger; Zetter, Roger

    2015-01-01

    Refugee return is one of the three so-called durable solutions to refugee displacement envisaged by United Nations High Commissioner for Refugees (UNHCR) and the international community. The objective of this study is to identify the conditions that influence the decisions by refugees in protracted displacement regarding return to their home country - when, why, and by whom are decisions o...

  5. Two gold return puzzles

    OpenAIRE

    Kolev, Gueorgui I.

    2013-01-01

    Since the dismantling of the Bretton Woods system, gold has delivered average return comparable to the average return delivered by the aggregate US stock market. This suggests that none of the growth and technological improvement gains accrued to the financiers. In the context of modern asset pricing models, say the CAPM model or the Fama-French three factor model, gold is a risk free asset, as it has no covariation with the risk factors. The large average gold return is a Jensen's alpha not ...

  6. Lidar 2009 - All Returns

    Data.gov (United States)

    Kansas Data Access and Support Center — LIDAR-derived binary (.las) files containing classified points of all returns. We have 3 classifications Unclassified, Ground, Low points. The average Ground Sample...

  7. Factors influencing donor return.

    OpenAIRE

    Schlumpf, KS; Glynn, SA; Schreiber, GB; Wright, DJ; Randolph Steele, W; Tu, Y.; Hermansen, S; Higgins, MJ; Garratty, G; Murphy, EL

    2007-01-01

    BACKGROUND: To predict future blood donation behavior and improve donor retention, it is important to understand the determinants of donor return. STUDY DESIGN AND METHODS: A self-administered questionnaire was completed in 2003 by 7905 current donors. With data mining methods, all factors measured by the survey were ranked as possible predictors of actual return within 12 months. Significant factors were analyzed with logistic regression to determine predictors of intention and of actual ret...

  8. Electrostatic Return of Contaminants

    Science.gov (United States)

    Rantanen, R.; Gordon, T.

    2003-01-01

    A Model has been developed capable of calculating the electrostatic return of spacecraft-emitted molecules that are ionized and attracted back to the spacecraft by the spacecraft electric potential on its surfaces. The return of ionized contaminant molecules to charged spacecraft surfaces is very important to all altitudes. It is especially important at geosynchronous and interplanetary environments, since it may be the only mechanism by which contaminants can degrade a surface. This model is applicable to all altitudes and spacecraft geometries. In addition to results of the model will be completed to cover a wide range of potential space systems.

  9. [Fever in returning travelers].

    Science.gov (United States)

    Burchard, G

    2014-03-01

    Travel-related illness is most often due to gastrointestinal, febrile, and dermatologic diseases. Fever in a returned traveler demands prompt attention because it may be a manifestation of an infection that could be rapidly progressive and lethal. The approach to the febrile patient should be stepwise and consider travel and exposure history. Malaria is the most common cause of fever in patients returning from Sub-Saharan Africa, whereas dengue is more frequent in travelers from other tropical and subtropical areas. Other serious diseases are typhoid and paratyphoid fever, amebic liver abscess, visceral leishmaniasis, leptospirosis and-rarely-viral hemorrhagic fevers. PMID:24557143

  10. The 'successful' return

    DEFF Research Database (Denmark)

    Olwig, Karen Fog

    2012-01-01

    Research on female migrant caregivers has tended to focus upon the emotional and social problems they encounter working abroad, given women’s traditional role as caregivers for their own families. This article analyses how Caribbean women who have returned after a period abroad as domestic workers...

  11. Sustainable Mars Sample Return

    Science.gov (United States)

    Alston, Christie; Hancock, Sean; Laub, Joshua; Perry, Christopher; Ash, Robert

    2011-01-01

    The proposed Mars sample return mission will be completed using natural Martian resources for the majority of its operations. The system uses the following technologies: In-Situ Propellant Production (ISPP), a methane-oxygen propelled Mars Ascent Vehicle (MAV), a carbon dioxide powered hopper, and a hydrogen fueled balloon system (large balloons and small weather balloons). The ISPP system will produce the hydrogen, methane, and oxygen using a Sabatier reactor. a water electrolysis cell, water extracted from the Martian surface, and carbon dioxide extracted from the Martian atmosphere. Indigenous hydrogen will fuel the balloon systems and locally-derived methane and oxygen will fuel the MAV for the return of a 50 kg sample to Earth. The ISPP system will have a production cycle of 800 days and the estimated overall mission length is 1355 days from Earth departure to return to low Earth orbit. Combining these advanced technologies will enable the proposed sample return mission to be executed with reduced initial launch mass and thus be more cost efficient. The successful completion of this mission will serve as the next step in the advancement of Mars exploration technology.

  12. Returning to the Forest

    DEFF Research Database (Denmark)

    Kristensen, Benedikte Møller

    This PhD thesis is about shamanism among the Duha in Mongolia. It is based on 22 months of fieldwork (1999 - 2012) among the Duha reindeer nomads in Northern Mongolia, and examines why the Duha return to their traditional livelihood as hunters and herders in the taiga has resulted in a turn to wa...

  13. A Tearful Return

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    The majority of students from China’s quake-hit area have returned to school, either in temporary Sichuan classrooms or in other parts of the country "The students of Beichuan Middle School who survived the earthquake should be more strong-minded,"

  14. Phobos Sample Return mission

    Science.gov (United States)

    Zelenyi, Lev; Zakharov, A.; Martynov, M.; Polischuk, G.

    Very mysterious objects of the Solar system are the Martian satellites, Phobos and Deimos. Attempt to study Phobos in situ from an orbiter and from landers have been done by the Russian mission FOBOS in 1988. However, due to a malfunction of the onboard control system the landers have not been delivered to the Phobos surface. A new robotics mission to Phobos is under development now in Russia. Its main goal is the delivery of samples of the Phobos surface material to the Earth for laboratory studies of its chemical, isotopic, mineral composition, age etc. Other goals are in situ studies of Phobos (regolith, internal structure, peculiarities in orbital and proper rotation), studies of Martian environment (dust, plasma, fields). The payload includes a number of scientific instruments: gamma and neutron spectrometers, gaschromatograph, mass spectrometers, IR spectrometer, seismometer, panoramic camera, dust sensor, plasma package. To implement the tasks of this mission a cruise-transfer spacecraft after the launch and the Earth-Mars interplanetary flight will be inserted into the first elliptical orbit around Mars, then after several corrections the spacecraft orbit will be formed very close to the Phobos orbit to keep the synchronous orbiting with Phobos. Then the spacecraft will encounter with Phobos and will land at the surface. After the landing the sampling device of the spacecraft will collect several samples of the Phobos regolith and will load these samples into the return capsule mounted at the returned vehicle. This returned vehicle will be launched from the mother spacecraft and after the Mars-Earth interplanetary flight after 11 monthes with reach the terrestrial atmosphere. Before entering into the atmosphere the returned capsule will be separated from the returned vehicle and will hopefully land at the Earth surface. The mother spacecraft at the Phobos surface carrying onboard scientific instruments will implement the "in situ" experiments during an year

  15. Zizek's return to Lenin

    Directory of Open Access Journals (Sweden)

    Subotić Milan M.

    2004-01-01

    Full Text Available The paper offers a critical discussion of the thesis about the revived philosophical and political significance of Lenin, as recently propounded by Slavoj Zizek. Analyzing Zizek's writings, the author argues that the call for a "return to Lenin" derives from Zizek's strategy of "textual provocation" and the frustrating position of the leftist, radical tradition of political thought after the collapse of communism.

  16. On Maximizing Annualized Option Returns

    Directory of Open Access Journals (Sweden)

    Charles J. Higgins

    2014-10-01

    Full Text Available While options do generally demonstrate an increase in prices as time increases, an annualized return of their excess premiums exhibit other characteristics including a lower return on options farther out of the money, that as the exercise price is farther out of the money that the expiration with the greatest annualized return is longer in time, and more interestingly that for underlying securities having larger standard deviations the greatest annualized option returns are found with options having shorter expirations.

  17. Returning Liberians - Return Migration and Integration in Liberia

    OpenAIRE

    Simonsen, Stefan Lægaard

    2014-01-01

    This thesis analyses the factors influencing return migration and subsequent integration of former refugees into the Liberian society. Based on interviews with more than 40 Liberian returnees conducted in Monrovia, Gbarnga and Zwedru in late 2013 I analyse the return migration and integration of former refugees in Liberia over the last decade. Understanding sustainability of return migration as primarily a matter of successful integration I analyse the various domains influencing the integrat...

  18. Java Radar Analysis Tool

    Science.gov (United States)

    Zaczek, Mariusz P.

    2005-01-01

    Java Radar Analysis Tool (JRAT) is a computer program for analyzing two-dimensional (2D) scatter plots derived from radar returns showing pieces of the disintegrating Space Shuttle Columbia. JRAT can also be applied to similar plots representing radar returns showing aviation accidents, and to scatter plots in general. The 2D scatter plots include overhead map views and side altitude views. The superposition of points in these views makes searching difficult. JRAT enables three-dimensional (3D) viewing: by use of a mouse and keyboard, the user can rotate to any desired viewing angle. The 3D view can include overlaid trajectories and search footprints to enhance situational awareness in searching for pieces. JRAT also enables playback: time-tagged radar-return data can be displayed in time order and an animated 3D model can be moved through the scene to show the locations of the Columbia (or other vehicle) at the times of the corresponding radar events. The combination of overlays and playback enables the user to correlate a radar return with a position of the vehicle to determine whether the return is valid. JRAT can optionally filter single radar returns, enabling the user to selectively hide or highlight a desired radar return.

  19. Homeward bound: Yemeni return migration.

    Science.gov (United States)

    Colton, N A

    1993-01-01

    The author discusses the return migration of Yemenis from Saudi Arabia during the period 1970-1989. "Through the use of original, empirical data collected in Yemen, this article sheds light on who these returning migrants are, where they have come from, and what sort of future awaits them.... The survey conducted on return migration was administered in the winter and spring of 1989 in a region of North Yemen called al-Hujariyya."

  20. The return to foreign aid

    DEFF Research Database (Denmark)

    Dalgaard, Carl-Johan Lars; Hansen, Henrik

    We investigate the marginal productivity of investment across countries. The aim is to estimate the return on investments financed by foreign aid and by domestic resource mobilization, using aggregate data. Both returns are expected to vary across countries and time. Consequently we develop...... a correlated random coefficients model, to estimate the average aggregate return on ‘aid investments’ and ‘domestic investments’. Across different estimators and two different sources for GDP and investment data our findings are remarkably robust; the average gross return on ‘aid investments’ is about 20 per...

  1. Christmas Island birds returning

    Science.gov (United States)

    Six months after their mass exodus, birds are beginning to return to Christmas Island. Roughly 17 million birds, almost the entire adult bird population, either perished or fled their mid-Pacific atoll home last autumn, leaving behind thousands of nestlings to starve (Eos, April 5, 1983, p. 131). It is believed that the strong El Niño altered the ecology of the surrounding waters and forced the birds to flee. Christmas Island is the world's largest coral atoll.“Ocean and atmosphere scientists are unsure of future directions for the El Niño conditions and cannot now predict what will happen to the birds in the coming months,” said Ralph W. Schreiber, curator of ornithology at the Natural History Museum of Los Angeles County in California. Heisthe ornithologist who discovered the disappearance. “The recovery of the bird populations depends on the food supply in the waters surrounding the island.” The island's birds feed exclusively on small fish and squid.

  2. PROFILE OF ROMANIAN RETURNED MIGRANTS

    Directory of Open Access Journals (Sweden)

    Ana-Maria ZAMFIR

    2014-12-01

    Full Text Available In the post-communist period, migration of the Romanians became an emergent phenomenon which went through many structural transformations. Within the context of the recent economic crisis and of some unfavourable collective attitudes regarding the immigration in some countries of destination, evidences of the reverse movement, of return of some migrants in Romania have appeared. This paper aims to examine the profile of Romanian returned migrants, with a special view on the returning motivations. Results show that the family related factors have the highest influence in the returning decision among Romanian migrants. Finally, future intentions of the returned migrants confirm the model of the circulatory migration as a strategy of life of the Romanians.

  3. Maximizing your return on people.

    Science.gov (United States)

    Bassi, Laurie; McMurrer, Daniel

    2007-03-01

    Though most traditional HR performance metrics don't predict organizational performance, alternatives simply have not existed--until now. During the past ten years, researchers Laurie Bassi and Daniel McMurrer have worked to develop a system that allows executives to assess human capital management (HCM) and to use those metrics both to predict organizational performance and to guide organizations' investments in people. The new framework is based on a core set of HCM drivers that fall into five major categories: leadership practices, employee engagement, knowledge accessibility, workforce optimization, and organizational learning capacity. By employing rigorously designed surveys to score a company on the range of HCM practices across the five categories, it's possible to benchmark organizational HCM capabilities, identify HCM strengths and weaknesses, and link improvements or back-sliding in specific HCM practices with improvements or shortcomings in organizational performance. The process requires determining a "maturity" score for each practice, based on a scale of 1 (low) to 5 (high). Over time, evolving maturity scores from multiple surveys can reveal progress in each of the HCM practices and help a company decide where to focus improvement efforts that will have a direct impact on performance. The authors draw from their work with American Standard, South Carolina's Beaufort County School District, and a bevy of financial firms to show how improving HCM scores led to increased sales, safety, academic test scores, and stock returns. Bassi and McMurrer urge HR departments to move beyond the usual metrics and begin using HCM measurement tools to gauge how well people are managed and developed throughout the organization. In this new role, according to the authors, HR can take on strategic responsibility and ensure that superior human capital management becomes central to the organization's culture.

  4. 26 CFR 301.6103(i)-1 - Disclosure of returns and return information (including taxpayer return information) to and by...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Disclosure of returns and return information... Section 301.6103(i)-1 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED....6103(i)-1 Disclosure of returns and return information (including taxpayer return information) to...

  5. REVERSE LOGISTICS RETAIL LEVEL RETURN

    Directory of Open Access Journals (Sweden)

    Ivona Bajor

    2014-06-01

    Full Text Available Conducting scientific research regarding reverse logistics systems includes certain difficulties. Developed logistics systems are aimed at analysing reverse logistics issues and tend to continuously detect differences and oscillations in the flow of returned products and their characteristics. Developing logistics systems, as Croatian, find reverse logistics issues, regarding product returns, significantly complex and very often these issues are not observed as issues of priority. As distributive flow, reverse logistics systems fundaments should be also based on detailed analysis. Analysis in this flow presents amounts, reasons, process flows and quality of returned items. Because of complex product evaluation on individual level, reverse logistics procedures should be implemented as a methodology individually developed for every supply chain subject. This paper presents a research of retail level returns on the Croatian market, where the analysis implicated that the majority of products in return for this level is directed from final consumers and presents noncurrent inventories of distribution chain. The paper will present conducted research regarding characteristics of returns and routing these products from the retail level.

  6. Sealed Planetary Return Canister (SPRC) Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Sample return missions have primary importance in future planetary missions. A basic requirement is that samples be returned in pristine, uncontaminated condition,...

  7. Return to the Domain of Education, Go beyond Tool Perspective:Reflection on Promoting the Application of E-book Package%超越工具范畴回归教育本源*--推进电子书包应用之反思

    Institute of Scientific and Technical Information of China (English)

    孙立会

    2015-01-01

    电子书包必须以体现教育性为首要前提,不能让技术或工具“异化”人的存在,在研究电子书包的过程中不一定要完全让其具有传统书包的各种功能,重点是应该让其发挥数字化的作用。在电子书包的推进过程之中,教育者必须深刻体悟使用电子书包的一些基本问题:电子书包不是教师的教具而是学习者的学具;电子书包的功用在于学习的辅助性而非主导性;教师还没有完全适用于电子书包的教学方法;电子书包会导致电子垃圾的大幅增长。可以说,电子书包所包含的数字化、网络化与便利性确实是其优点,但也有其不足之处,不能以“一己之长,攻人之短”,以此来否定传统的教学方式。目前,研究者与实践者均要超越电子书包这种人工物之工具范畴,以此回到教育的本源中来。%Education reflected by e-book package must be given top priority instead of technology and tool. E-book package does not necessarily bring the various functions of a traditional book package into full play, whose focus should be on developing its digital effects. In the process of promoting e-book package, educators must deeply realize some fundamental problems when using e-book package: e-book package is the learnersˊ tools instead of the teachersˊ tools; e-book package acts as a complementary tool to learning instead of a dominant tool; there are no appropriate teaching methods applied to e-book package; e-book package will lead to substantial growth in electronic waste. E-book package does have such advantages as digitization, networking and convenience. However, it has some disadvantages, which isnˊt necessarily superior to traditional teaching method. Currently, researchers and practi-tioners should go beyond"tool"perspective, and return to the origin of education.

  8. Abnormal Returns and Contrarian Strategies

    Directory of Open Access Journals (Sweden)

    Ivana Dall'Agnol

    2003-12-01

    Full Text Available We test the hypothesis that strategies which are long on portfolios of looser stocks and short on portfolios of winner stocks generate abnormal returns in Brazil. This type of evidence for the US stock market was interpreted by The Bondt and Thaler (1985 as reflecting systematic evaluation mistakes caused by investors overreaction to news related to the firm performance. We found evidence of contrarian strategies profitability for horizons from 3 months to 3 years in a sample of stock returns from BOVESPA and SOMA from 1986 to 2000. The strategies are more profitable for shorter horizons. Therefore, there was no trace of the momentum effect found by Jagadeesh and Titman (1993 for the same horizons with US data. There are remaing unexplained positive returns for contrarian strategies after accounting for risk, size, and liquidity. We also found that the strategy profitability is reduced after the Real Plan, which suggests that the Brazilian stock market became more efficient after inflation stabilization.

  9. Managing Product Returns: The Role of Forecasting

    NARCIS (Netherlands)

    B. Toktay; E.A. van der Laan (Erwin); M.P. de Brito (Marisa)

    2003-01-01

    textabstractIn this article, we discuss ways of actively influencing product returns and we review data-driven methods for forecasting return flows that exploit the fact that future returns are a function of past sales. In particular we assess the value of return forecasting at an operational level,

  10. The Return of the Old

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    @@ Daniel Bell's latest book,China's New Confucianism,is an in-depth look at how one of the Middle Kingdom's oldest and greatest traditions is gradually returning,and how a growing number of Chinese citizens are embracing its once-forgotten ideals.

  11. Heat Pipe Blocks Return Flow

    Science.gov (United States)

    Eninger, J. E.

    1982-01-01

    Metal-foil reed valve in conventional slab-wick heat pipe limits heat flow to one direction only. With sink warmer than source, reed is forced closed and fluid returns to source side through annular transfer wick. When this occurs, wick slab on sink side of valve dries out and heat pipe ceases to conduct heat.

  12. Return Migration of Foreign Students

    NARCIS (Netherlands)

    Bijwaard, G.E.; Wang, Q.

    2016-01-01

    Using administrative panel data, this paper presents a comprehensive empirical analysis of the return of recent foreign students in the Netherlands. We focus on how individual labour market changes and marriage formation influence their decision to leave. Our model allows for correlated unobserved h

  13. Comet coma sample return instrument

    Science.gov (United States)

    Albee, A. L.; Brownlee, Don E.; Burnett, Donald S.; Tsou, Peter; Uesugi, K. T.

    1994-01-01

    The sample collection technology and instrument concept for the Sample of Comet Coma Earth Return Mission (SOCCER) are described. The scientific goals of this Flyby Sample Return are to return to coma dust and volatile samples from a known comet source, which will permit accurate elemental and isotopic measurements for thousands of individual solid particles and volatiles, detailed analysis of the dust structure, morphology, and mineralogy of the intact samples, and identification of the biogenic elements or compounds in the solid and volatile samples. Having these intact samples, morphologic, petrographic, and phase structural features can be determined. Information on dust particle size, shape, and density can be ascertained by analyzing penetration holes and tracks in the capture medium. Time and spatial data of dust capture will provide understanding of the flux dynamics of the coma and the jets. Additional information will include the identification of cosmic ray tracks in the cometary grains, which can provide a particle's process history and perhaps even the age of the comet. The measurements will be made with the same equipment used for studying micrometeorites for decades past; hence, the results can be directly compared without extrapolation or modification. The data will provide a powerful and direct technique for comparing the cometary samples with all known types of meteorites and interplanetary dust. This sample collection system will provide the first sample return from a specifically identified primitive body and will allow, for the first time, a direct method of matching meteoritic materials captured on Earth with known parent bodies.

  14. Return of the Red Chips

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    The mainland stock boom is drawing many profitable Hong Kong-listed Chinese companies back home September saw a wave of Hong Kong-listed Chinese companies returning to the mainland stock market,helping the Shanghai Stock Exchange surpass Hong Kong to become the sixth largest stock exchange in the world.

  15. Uncertain return to southern Sudan

    Directory of Open Access Journals (Sweden)

    Graham Wood

    2006-05-01

    Full Text Available Western Equatoria is a focal point for Sudanese refugees returning from neighbouring Uganda, the Central African Republic and the Democratic Republic of the Congo. Arriving with very little, they inevitably compound the poverty of their hosts. Without greater sensitivity, aid could exacerbate deep divisions.

  16. Uncertain return to southern Sudan

    OpenAIRE

    Graham Wood; Jake Phelan

    2006-01-01

    Western Equatoria is a focal point for Sudanese refugees returning from neighbouring Uganda, the Central African Republic and the Democratic Republic of the Congo. Arriving with very little, they inevitably compound the poverty of their hosts. Without greater sensitivity, aid could exacerbate deep divisions.

  17. The Returns to Apprenticeship Training

    Science.gov (United States)

    McIntosh, Steven

    2005-01-01

    This paper uses recent data from the UK Labour Force Survey to estimate the wage gains that individuals make on average if they complete an apprenticeship programme. The results suggest gains of around 5-7% for men, but no benefit for women. Further analysis extends the results by considering the returns by age group, by qualification obtained, by…

  18. "Assessing the Returns to Education in Georgia"

    OpenAIRE

    Khitarishvili, Tamar

    2010-01-01

    The economic returns to education in transition countries have been extensively evaluated in the literature. The present study contributes to this literature by estimating the returns to education in Georgia during the last transition period 2000-04. We find very low returns to education in Georgia and little evidence of an increasing trend in the returns. This picture contrasts with somewhat higher rates of return to education in the mid-1990s in Georgia and the recent estimates from other t...

  19. Philopatry: A return to origins

    Science.gov (United States)

    Pearce, John M.

    2007-01-01

    The word “philopatry” is a combination of the prefix philo (from the Greekphilos, “beloved”) and the Latin patria, which means “fatherland” or “homeland.” Since the first English-language use of “philopatry” in an ornithological context by Huntington (1951), the term has been applied to two types of site-faithful behavior in birds. Closest to the etymological meaning is the first, “natal philopatry,” which means not dispersing far from, or returning to, a birthplace for reproduction. The second is “breeding philopatry,” which means returning to the same breeding area each year, though that area may not be an individual’s birth place (Shields 1982, Anderson et al. 1992). Therefore, any assessment of breeding philopatry likely includes some immigrant individuals, whereas assessments of natal philopatry include only locally hatched or born individuals.

  20. Informed Trading and Expected Returns

    OpenAIRE

    Choi, James J.; Li Jin; Hongjun Yan

    2013-01-01

    Does information asymmetry affect the cross-section of expected stock returns? Using institutional ownership data from the Shanghai Stock Exchange, we show that institutions have a strong information advantage over individual investors. We then show that the aggressiveness of institutional trading in a stock--measured by the average absolute weekly change in institutional ownership during the past year--is an ex ante predictor of future information asymmetry in this stock. Sorting stocks on t...

  1. Risk and Returns to Education

    OpenAIRE

    Jeffrey Brown; Chichun Fang; Francisco Gomes

    2012-01-01

    We analyze the returns to education in a life-cycle framework that incorporates risk preferences, earnings volatility (including unemployment), and a progressive income tax and social insurance system. We show that such a framework significantly reduces the measured gains from education relative to simple present-value calculations, although the gains remain significant. For example, for a range of preference parameters, we find that individuals should be willing to pay 300 to 500 (200 to 250...

  2. Tick size and stock returns

    Science.gov (United States)

    Onnela, Jukka-Pekka; Töyli, Juuso; Kaski, Kimmo

    2009-02-01

    Tick size is an important aspect of the micro-structural level organization of financial markets. It is the smallest institutionally allowed price increment, has a direct bearing on the bid-ask spread, influences the strategy of trading order placement in electronic markets, affects the price formation mechanism, and appears to be related to the long-term memory of volatility clustering. In this paper we investigate the impact of tick size on stock returns. We start with a simple simulation to demonstrate how continuous returns become distorted after confining the price to a discrete grid governed by the tick size. We then move on to a novel experimental set-up that combines decimalization pilot programs and cross-listed stocks in New York and Toronto. This allows us to observe a set of stocks traded simultaneously under two different ticks while holding all security-specific characteristics fixed. We then study the normality of the return distributions and carry out fits to the chosen distribution models. Our empirical findings are somewhat mixed and in some cases appear to challenge the simulation results.

  3. Sustainable return in post-conflict contexts

    OpenAIRE

    Black, Richard; Gent, Saskia

    2006-01-01

    Post-conflict return is a highly politically charged process in a number of contexts, both for returnees and those who did not migrate or flee, leading many observers to question the notion of an unproblematic return “home”. Specifically, doubts remain both about the conditions and voluntariness of return, the ability of individual returnees to reintegrate in their home countries and regions, and the wider sustainability of the return process. This paper seeks to provide an overview of recent...

  4. The Returns to Education in Rural Areas

    OpenAIRE

    Goetz, Stephan J.; Rupasingha, Anil

    2004-01-01

    We compare the returns to human capital in rural areas with those in urban areas, and across the different regions of the US. A key finding is that these returns are considerably lower in rural than in urban areas. Furthermore, failure to correct for spatial dependence bias produces an overestimate of the returns to education at the county-level. We also examine various interactions among the regressors to identify the reasons why the returns to education vary between rural and urban areas.

  5. Volatility Spreads and Expected Stock Returns

    OpenAIRE

    Turan G. Bali; Armen Hovakimian

    2009-01-01

    This paper investigates whether realized and implied volatilities of individual stocks can predict the cross-sectional variation in expected returns. Although the levels of volatilities from the physical and risk-neutral distributions cannot predict future returns, there is a significant relation between volatility spreads and expected stock returns. Portfolio level analyses and firm-level cross-sectional regressions indicate a negative and significant relation between expected returns and th...

  6. Return Predictability, Model Uncertainty, and Robust Investment

    DEFF Research Database (Denmark)

    Lukas, Manuel

    Stock return predictability is subject to great uncertainty. In this paper we use the model confidence set approach to quantify uncertainty about expected utility from investment, accounting for potential return predictability. For monthly US data and six representative return prediction models, we...

  7. Heterogeneity in Schooling Rates of Return

    Science.gov (United States)

    Henderson, Daniel J.; Polachek, Solomon W.; Wang, Le

    2011-01-01

    This paper relaxes the assumption of homogeneous rates of return to schooling by employing nonparametric kernel regression. This approach allows us to examine the differences in rates of return to education both across and within groups. Similar to previous studies we find that on average blacks have higher returns to education than whites,…

  8. The Return of the Andromedids

    Science.gov (United States)

    Wiegert, Paul; Brown, P. G.; Weryk, R. J.; Wong, D. K.

    2012-10-01

    The Andromedid meteor shower, originating from comet 3D/Biela (which disintegrated in the mid-1800's) has been weak or absent since the late 19th Century. Here we report the return of this shower in Dec 2011 with a zenith hourly rate of approximately 50, the strongest return of the shower in a century. The outburst was detected by the Canadian Meteor Orbit Radar (CMOR). The shower outburst occurred during solar longitudes λ=250-252 ° in 2011 (Dec 3-5) and had a statistical significance of 30σ above the median background, one of only three single-day outbursts reaching this level of significance in CMOR's 10 years of operation. Of particular interest: orbital characteristics indicated that was old material, predating the debris released during the epoch of 3D/Biela's disintegration in the mid-19th century, and which produced the spectacular showers in 1872 and 1885. In total, 122 probable Andromedid radar orbits were recorded during the interval from λ=240 °-260 °, the majority (85) occurring between λ=250 °-253 ° from a radiant near α=18 °and δ=56 °. By way of comparison, between λ=250 °-253 ° the average number of radiants recorded by CMOR within 10 degrees of this location having similar speeds in the years 2001 - 2010 was 10 per year. The shower displays a slow geocentric speed (16 km/s) and an absence of large particles: mean measured mass from the radar is 5x10-7 kg corresponding to radii of 0.5mm. Numerical simulations of the parent comet indicate that the 2011 return of the Andromedids shower was produced by material released during Biela's 1649 perihelion passage. The orbital characteristics, radiant, timing as well as the absence of large particles in the streamlet are all confirmed by simulations. Simulations also predict appearances of this radiant in 2008 (seen in CMOR data at ZHR 30) and 2018.

  9. Returns to Tenure or Seniority?

    DEFF Research Database (Denmark)

    Buhai, Ioan Sebastian; Portela, Miguel; Teulings, Coen;

    at the moment of separation). The LIFO rule provides a stronger bargaining position for senior workers, leading to a return to seniority in wages. Efficiency in hiring requires the workers' .bargaining power to be in line with their share in the cost of specific investment. Then, the LIFO rule is a way......  This study documents two empirical regularities, using data for Denmark and Portugal. First, workers who are hired last, are the first to leave the firm (Last In, First Out; LIFO). Second, workers' wages rise with seniority (= a Worker's tenure relative to the tenure of her colleagues). We seek...

  10. Four Centuries of Return Predictability

    OpenAIRE

    Benjamin Golez; Peter Koudijs

    2014-01-01

    We analyze four centuries of stock prices and dividends in the Dutch, English, and U.S. market. With the exception of the post-1945 period, the dividend-to-price ratio is stationary and predicts returns throughout all four centuries. “Excess volatility” is thus a pervasive feature of financial markets. The dividend-to-price ratio also predicts dividend growth rates in all but the most recent period. Cash-flows were therefore much more important for price movements before 1945, and the dominan...

  11. RETURN MIGRATION – REASONS, CONSEQUENCES AND BENEFITS

    Directory of Open Access Journals (Sweden)

    RAMONA PÎRVU

    2012-12-01

    Full Text Available Return migration is probably the aspect of the migration cycle, which was granted the lowest attention, perhaps because most research resources are located in highly developed countries, while most of the returning most returnees return to developing countries. This is especially unfortunate because perceptions about the process of returning to the country of origin and attitudes towards returning migrants have a significant impact on migrants and their host communities. Rollback, sometimes called remigration, is considered by some authors as the final stage of the migration process, which further comprises the step preparation / decision to migrate and actual migration phase or installation of migrant destination country selected.

  12. Return to Play After Lumbar Spine Surgery.

    Science.gov (United States)

    Cook, Ralph W; Hsu, Wellington K

    2016-10-01

    Surgical management of lumbar spine conditions can produce excellent outcomes in athletes. Microdiscectomy for lumbar disc herniation has favorable outcomes; most athletes return to play at preoperative performance levels. Direct pars repair is successful in younger athletes, with high rates of return to play for a variety of fixation techniques. Fusion in athletes with scoliosis is a negative predictor. There are few evidence-based return to play criteria. Athletes should demonstrate full resolution of symptoms and flexibility, endurance, and strength before returning to play. Deciding when to return an athlete to sport depends on particular injury sustained, sport, and individual factors. PMID:27543402

  13. 26 CFR 301.6103(h)(2)-1 - Disclosure of returns and return information (including taxpayer return information) to and by...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Disclosure of returns and return information... administration. 301.6103(h)(2)-1 Section 301.6103(h)(2)-1 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT... Returns Returns and Records § 301.6103(h)(2)-1 Disclosure of returns and return information...

  14. The dynamics of health and return migration.

    Directory of Open Access Journals (Sweden)

    Anita A Davies

    2011-06-01

    Full Text Available The increasing importance and complexity of migration globally also implies a global increase in return migration, and thus an increased interest in the health of returning migrants. The health of returning migrants is impacted by the cumulative exposure to social determinants and risk factors of health during the migration process, during the return movement, and following return. Circular migration often occurs among the diaspora, which can result in the transfer of knowledge and skills that contribute to development, including health system strengthening. Migrants with dual nationality often return to countries with better health services than their country of origin when they are sick and can not get care at home. To maintain and improve the health of returning migrants, multi-sectoral policies at global and national levels should facilitate access to appropriate and equitable health services, social services, and continuity of care across and within borders.

  15. The dynamics of health and return migration.

    Science.gov (United States)

    Davies, Anita A; Borland, Rosilyne M; Blake, Carolyn; West, Haley E

    2011-06-01

    The increasing importance and complexity of migration globally also implies a global increase in return migration, and thus an increased interest in the health of returning migrants. The health of returning migrants is impacted by the cumulative exposure to social determinants and risk factors of health during the migration process, during the return movement, and following return. Circular migration often occurs among the diaspora, which can result in the transfer of knowledge and skills that contribute to development, including health system strengthening. Migrants with dual nationality often return to countries with better health services than their country of origin when they are sick and can not get care at home. To maintain and improve the health of returning migrants, multi-sectoral policies at global and national levels should facilitate access to appropriate and equitable health services, social services, and continuity of care across and within borders.

  16. Propulsion Technology Development for Sample Return Missions Under NASA's ISPT Program

    Science.gov (United States)

    Anderson, David J.; Pencil, Eric J.; Vento, Daniel; Dankanich, John W.; Munk, Michelle M.; Hahne, David

    2011-01-01

    The In-Space Propulsion Technology (ISPT) Program was tasked in 2009 to start development of propulsion technologies that would enable future sample return missions. Sample return missions could be quite varied, from collecting and bringing back samples of comets or asteroids, to soil, rocks, or atmosphere from planets or moons. The paper will describe the ISPT Program s propulsion technology development activities relevant to future sample return missions. The sample return propulsion technology development areas for ISPT are: 1) Sample Return Propulsion (SRP), 2) Planetary Ascent Vehicles (PAV), 3) Entry Vehicle Technologies (EVT), and 4) Systems/mission analysis and tools that focuses on sample return propulsion. The Sample Return Propulsion area is subdivided into: a) Electric propulsion for sample return and low cost Discovery-class missions, b) Propulsion systems for Earth Return Vehicles (ERV) including transfer stages to the destination, and c) Low TRL advanced propulsion technologies. The SRP effort will continue work on HIVHAC thruster development in FY2011 and then transitions into developing a HIVHAC system under future Electric Propulsion for sample return (ERV and transfer stages) and low-cost missions. Previous work on the lightweight propellant-tanks will continue under advanced propulsion technologies for sample return with direct applicability to a Mars Sample Return (MSR) mission and with general applicability to all future planetary spacecraft. A major effort under the EVT area is multi-mission technologies for Earth Entry Vehicles (MMEEV), which will leverage and build upon previous work related to Earth Entry Vehicles (EEV). The major effort under the PAV area is the Mars Ascent Vehicle (MAV). The MAV is a new development area to ISPT, and builds upon and leverages the past MAV analysis and technology developments from the Mars Technology Program (MTP) and previous MSR studies.

  17. Partial Return Yoke for MICE

    Energy Technology Data Exchange (ETDEWEB)

    Witte H.; Plate, S

    2013-05-03

    The international Muon Ionization Cooling Experiment (MICE) is a large scale experiment which is presently assembled at the Rutherford Appleton Laboratory in Didcot, UK. The purpose of MICE is to demonstrate the concept of ionization cooling experimentally. Ionization cooling is an important accelerator concept which will be essential for future HEP experiments such as a potential Muon Collider or a Neutrino Factory. The MICE experiment will house up to 18 superconducting solenoids, all of which produce a substantial amount of magnetic flux. Recently it was realized that this magnetic flux leads to a considerable stray magnetic field in the MICE hall. This is a concern as technical equipment in the MICE hall may may be compromised by this. In July 2012 a concept called partial return yoke was presented to the MICE community, which reduces the stray field in the MICE hall to a safe level. This report summarizes the general concept, engineering considerations and the expected shielding performance.

  18. Forecasting wind speed financial return

    CERN Document Server

    D'Amico, Guglielmo; Prattico, Flavio

    2013-01-01

    The prediction of wind speed is very important when dealing with the production of energy through wind turbines. In this paper, we show a new nonparametric model, based on semi-Markov chains, to predict wind speed. Particularly we use an indexed semi-Markov model that has been shown to be able to reproduce accurately the statistical behavior of wind speed. The model is used to forecast, one step ahead, wind speed. In order to check the validity of the model we show, as indicator of goodness, the root mean square error and mean absolute error between real data and predicted ones. We also compare our forecasting results with those of a persistence model. At last, we show an application of the model to predict financial indicators like the Internal Rate of Return, Duration and Convexity.

  19. Sepsis, venous return, and teleology.

    Science.gov (United States)

    McNeilly, R G

    2014-11-01

    An understanding of heart-circulation interaction is crucial to our ability to guide our patients through an episode of septic shock. Our knowledge has advanced greatly in the last one hundred years. There are, however, certain empirical phenomena that may lead us to question the wisdom of our prevailing treatment algorithm. Three extreme but iatrogenically possible haemodynamic states exist. Firstly, inappropriately low venous return; secondly, overzealous arteriolar constriction; and finally, misguided inotropy and chronotropy. Following an unsuccessful fluid challenge, it would be logical to first set the venous tone, then set the cardiac rate and contractility, and finally set the peripheral vascular resistance. It is hypothesized that a combination of dihydroergotamine, milrinone and esmolol should be superior to a combination of noradrenaline and dobutamine for surviving sepsis. PMID:25245463

  20. Return of spent TRIGA fuel

    International Nuclear Information System (INIS)

    Spent fuel from J. Stefan Institute TRIGA reactor was successfully shipped to the US in 1999. Totally 219 standard TRIGA fuel rods used in the reactor from 1966 to 1991 were shipped. Together with the experience interesting for other reactors preparing for shipment, the following aspects of the project are explained: training of all persons involved, organization (QA, responsibilities), pre-preparation of the fuel, characterization of the fuel elements (burn-up determination, inspection of physical integrity), technical preparation for the shipment, administrative preparation (environmental impact report, safety report, operating and emergency procedures, qualification of equipment, permit), loading of the shipment containers, transfer of the containers to the port, signing of the bill of lading and transfer of liability. The role of main parties involved (J. Stefan Institute, US-DOE, IAEA, NAC) is explained. According to the contract covering the first shipment, we intend to return also the remaining fuel elements after 2016. (author)

  1. On the effect of assessed returnable documents as active methodology in Power Electronics

    OpenAIRE

    Trujillo Aguilera, Francisco David; Pozo Ruz, Ana; Sotorrío Ruiz, Pedro Juan; Martí Campoy, Antonio; Blázquez Parra, Elidia Beatriz

    2015-01-01

    The methodological change caused by the implementation of the new degrees provides a clear opportunity to improve educational practices. This paper describes a teaching tool, named returnable document, to increase student work outside the classroom, motivate the students while raising their awareness about the importance and impact of their work. By using returnable documents teachers manage to strengthen the results of homework and the learning process in a flexible, motivating and ...

  2. Return and Assessment Perception of Assesses under VAT

    Directory of Open Access Journals (Sweden)

    Ranjit Singh

    2012-07-01

    Full Text Available The objective of the present study is to identify similarity and dissimilarity in the perception of the taxpayers regarding the returns and assessment aspects under VAT in Assam and to locate the issues of similarity and differences in the perception. The study is based on the primary data collected from the taxpayers of Tinsukia town of Assam by the means of questionnaire. It is found that the perception of the taxpayers regarding the returns and assessment aspect is equally divided, favorable for certain aspects and unfavorable for certain aspect. Thus, there is a need for social marketing tool to educate the taxpayers in respect of the items of which their perception is unfavorable.

  3. Optimal Investment, Growth Options, and Security Returns

    OpenAIRE

    Jonathan Berk; Richard C. Green; Vasant Naik

    1998-01-01

    As a consequence of optimal investment choices, firms' assets and growth options change in predictable ways. Using a dynamic model, we show that this imparts predictability to changes in a firm's systematic risk, and its expected return. Simulations show that the model simultaneously reproduces: (i) the time series relation between the book-to-market ratio and asset returns, (ii) the cross-sectional relation between book to market, market value and return, (iii) contrarian effects at short ho...

  4. Irish return migration in the nineteenth century.

    Science.gov (United States)

    Hart, M

    1985-01-01

    This study is concerned with return migration to Ireland from the United States during the nineteenth century. The author first notes that the rate of return migration was relatively low. Reasons for returning are then considered, including inheritance and poor health. Data on 671 Irish returnees from passenger lists of ships arriving in the United Kingdom from the United States between 1858 and 1867 are analyzed with regard to sex, marital status, age, occupations, and impact of returnees.

  5. Empirical studies on stock return predictability

    OpenAIRE

    Wang, Jingya

    2016-01-01

    This thesis includes three essays on topics related to the predictability of market returns. I investigate i) the predictability of market returns from an adjusted version of cay ratio (cayadj), ii) the explanatory power of a conditional version of the consumption-CAPM which uses predictor variables to scale the pricing kernel, and iii) whether information about future market returns can be extracted from a large set of commodity data.The first essay studies the predictive ability of cayadj ....

  6. Do Stock Dividends Generate Abnormal Returns?

    OpenAIRE

    Torgal, Kishan

    2009-01-01

    In this paper I have studied and understood the concepts of stock dividends, stock splits and the announcement effects and the effective day effects by using the standard event studies methodology which measures the significance of the abnormal returns. The previous studies have significant positive abnormal returns. In my results its shown that the as there is some significant abnormal returns which are connected with the announcement and effective day of the stock splits but it changes...

  7. Returnable containers: an example of reverse logistics

    OpenAIRE

    Kroon, Leo; Vrijens, G.M.C.

    1996-01-01

    textabstractConsiders the application of returnable containers as an example of reverse logistics. A returnable container is a type of secondary packaging that can be used several times in the same form, in contrast with traditional cardboard boxes. For this equipment to be used, a system for the return logistics of the containers should be available: this system should guarantee that the containers are transported from the recipients to the next senders, and that they are cleaned and maintai...

  8. Risk/Return Performance of Diversified Firms

    OpenAIRE

    Richard A. Bettis; Vijay Mahajan

    1985-01-01

    Based on a sample of 80 firms, this paper examines the risk/return performance of related and unrelated diversified firms at the level of accounting data. The results suggest that although on the average related diversified firms outperform unrelated diversified firms, related diversification offers no guarantee of a favorable risk/return performance. (Many low performers are related diversifiers.) In fact, different diversification strategies can result in similar risk/return performance. Ho...

  9. Return Vane Installed in Multistage Centrifugal Pump

    OpenAIRE

    Miyano, Masafumi; Kanemoto, Toshiaki; Kawashima, Daisuke; Wada, Akihiro; Hara, Takashi; Sakoda, Kazuyuki

    2008-01-01

    To optimize the stationary components in the multistage centrifugal pump, the effects of the return vane profile on the performances of the multistage centrifugal pump were investigated experimentally, taking account of the inlet flow conditions for the next stage impeller. The return vane, whose trailing edge is set at the outer wall position of the annular channel downstream of the vane and which discharges the swirl-less flow, gives better pump performances. By equipping such return vane w...

  10. The Bubbles of China Stock Market Based on Return Decomposition and Cumulative Return

    Institute of Scientific and Technical Information of China (English)

    ZHANG Xiao-xia; WU Chong-feng

    2006-01-01

    Using Capital Asset Pricing Model Integrating both Firm and Market (CAPMIFM), we first decompose the asset return into two components. One is called the fundamental return,which is related to the intrinsic value of the asset. The other is called bubble return, which is derived from the asset bubbles. Then a stock bubble return model bused on cumulative return is proposed. The model exhibits characterizing log-periodic oscillations and a power law acceleration of the cumulative return. Empirical results suggest that the model has a good fit for the bubbles of China stock market.

  11. 27 CFR 479.51 - Fraudulent return.

    Science.gov (United States)

    2010-04-01

    ... EXPLOSIVES, DEPARTMENT OF JUSTICE FIREARMS AND AMMUNITION MACHINE GUNS, DESTRUCTIVE DEVICES, AND CERTAIN OTHER FIREARMS Special (Occupational) Taxes Penalties and Interest § 479.51 Fraudulent return. If...

  12. Bulgarian Turkish emigration and return.

    Science.gov (United States)

    Vasileva, D

    1992-01-01

    The main factors which determined the 1989 migration of Turks in Bulgaria back to Turkey are discussed. Background history is provided. After World War I, Turks in bulgaria comprised 10% of the total population. Bulgarian policy had been, up to the 1980s to send Rumelian Turks back, but the policy after 1980 was one of a national revival process to integrate Turks into the developed socialist society. Muslim traditions, customs, and Turkish language were interfered with. International disfavor resulted. In May 1989, the Communist Party declared, in an effort to show democratic ideals, open borders. Thus began the new emigration wave. 369,839 people fled to the Turkish border. 43% of the 9.47 ethnic Turks in bulgaria went to Turkey within 4 months. The numbers decreased in November, and soon after the communist regime ended. New laws were adopted allowing Turks to assume their original Turkish names. The huge migration was clearly political, and as such, the emigrant Turks should be determined as refugees and asylum seekers. The provocation of ethnic Turks was used by the communist regime to solve potential social conflicts. Not only did Turks flee to escape from violence or for religious, cultural, and moral reasons but also due to free market initiatives begun in Turkey in the early 1980s which improved Turkish quality of life. Food and consumer goods were cheaper and economic advantages were perceived. Emigrants were primarily peasants with lower levels of education, professional qualifications, and labor skills. 154,937 (42%) returned to bulgaria and 58% stayed in Turkey to comprise 25% of the former Turkish population. During this period, tensions between countries was high.l Bulgarians actively encouraged emigration and Turkey welcomed it. The emigrants to Turkey were seen as foreigners (muhacir or gocmen) but were received with good will and were readily accepted into menial positions. Emigrants were confronted with political, linguistic, and cultural

  13. Simulation tools

    CERN Document Server

    Jenni, F

    2006-01-01

    In the last two decades, simulation tools made a significant contribution to the great progress in development of power electronics. Time to market was shortened and development costs were reduced drastically. Falling costs, as well as improved speed and precision, opened new fields of application. Today, continuous and switched circuits can be mixed. A comfortable number of powerful simulation tools is available. The users have to choose the best suitable for their application. Here a simple rule applies: The best available simulation tool is the tool the user is already used to (provided, it can solve the task). Abilities, speed, user friendliness and other features are continuously being improved—even though they are already powerful and comfortable. This paper aims at giving the reader an insight into the simulation of power electronics. Starting with a short description of the fundamentals of a simulation tool as well as properties of tools, several tools are presented. Starting with simplified models ...

  14. 26 CFR 301.6103(p)(2)(B)-1 - Disclosure of returns and return information by other agencies.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Disclosure of returns and return information by other agencies. 301.6103(p)(2)(B)-1 Section 301.6103(p)(2)(B)-1 Internal Revenue INTERNAL REVENUE... Information and Returns Returns and Records § 301.6103(p)(2)(B)-1 Disclosure of returns and return...

  15. The return trip effect: Why the return trip often seems to take less time

    OpenAIRE

    van de Ven, N.; van Rijswijk, L.; Roy, M.M.

    2011-01-01

    Three studies confirm the existence of the return trip effect: The return trip often seems shorter than the initial trip, even though the distance traveled and the actual time spent traveling are identical. A pretest shows that people indeed experience a return trip effect regularly, and the effect was found on a bus trip (Study 1), a bicycle trip (Study 2), and when participants watched a video of someone else traveling (Study 3). The return trip effect also existed when another, equidistant...

  16. Legal institutions, strategic default, and stock returns

    NARCIS (Netherlands)

    G. Favara; E. Schroth; P. Valta

    2008-01-01

    This paper studies the impact of legal institutions on stock returns. More specifically, we examine how differences in debt enforcement and creditor protection around the world affect stock returns of individual firms. We hypothesize that if legal institutions prevent shareholders from engaging in s

  17. 27 CFR 41.112 - Tax return.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 2 2010-04-01 2010-04-01 false Tax return. 41.112 Section 41.112 Alcohol, Tobacco Products and Firearms ALCOHOL AND TOBACCO TAX AND TRADE BUREAU, DEPARTMENT OF... States Deferred Payment of Tax in Puerto Rico on Tobacco Products § 41.112 Tax return. The...

  18. The Stages of Mailed Questionnaire Returning Behavior.

    Science.gov (United States)

    Lockhart, Daniel C.

    1984-01-01

    Six stages are hypothesized that define the behavior of returning mailed questionnaires: receiving the questionnaire, opening the mail, forming an overall impression, answering the questions, returning the questionnaire, and dealing with nonrespondents. The researcher must provide incentives at each stage if potential respondents are to complete a…

  19. Return to experience and initial wage level

    DEFF Research Database (Denmark)

    Sørensen, K.L.; Vejlin, R.

    2014-01-01

    This paper estimates the relationship between initial wage and return to experience. We use a Mincer-like wage model to non-parametrically estimate this relationship allowing for an unobservable individual permanent effect in wages and unobservable individual return to experience. The relationshi...

  20. Return to Experience and Initial Wage Level

    DEFF Research Database (Denmark)

    Sørensen, Kenneth Lykke; Vejlin, Rune Majlund

    This paper estimates the relationship between initial wage and return to experience. We use a Mincer-like wage model to nonparametrically estimate this relationship allowing for an unobservable individual permanent effect in wages and unobservable individual return to experience. The relationship...

  1. Return migration to Italy and labour migration.

    Science.gov (United States)

    Calvaruso, C

    1983-01-01

    The problems caused by large-scale return migration to Italy in recent years are considered. The importance of the additional skills and capital acquired by these migrants while abroad is stressed. Extensive data on the volume of return migration in the 1970s are included.

  2. Aggregate Unemployment Decreases Individual Returns to Education

    Science.gov (United States)

    Ammermueller, Andreas; Kuckulenz, Anja; Zwick, Thomas

    2009-01-01

    Aggregate unemployment may affect individual returns to education through qualification-specific responses in participation and wage bargaining. This paper shows that an increase in regional unemployment by 1% decreases returns to education by 0.005 percentage points. This implies that higher skilled employees are better sheltered from labour…

  3. Expected Stock Returns and Variance Risk Premia

    DEFF Research Database (Denmark)

    Bollerslev, Tim; Tauchen, George; Zhou, Hao

    of the time series variation in post 1990 aggregate stock market returns, with high (low) premia predicting high (low) future returns. Our empirical results depend crucially on the use of "model-free," as opposed to Black- Scholes, options implied volatilities, along with accurate realized variation measures...

  4. Oil Volatility Risk and Expected Stock Returns

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Pan, Xuhui (Nick)

    After the financialization of commodity futures markets in 2004-05 oil volatility has become a strong predictor of returns and volatility of the overall stock market. Furthermore, stocks' exposure to oil volatility risk now drives the cross-section of expected returns. The difference in average...... of funding liquidity constraints suggesting an economic channel for the effect....

  5. The Returns to Quality in Graduate Education

    Science.gov (United States)

    Stevenson, Adam

    2016-01-01

    This paper estimates the monetary return to quality in US graduate education, controlling for cognitive ability and self-selection across award level, program quality, and field-of-study. In most program types, I cannot reject the hypothesis of no returns to either degree completion or program quality. Important exceptions include master's…

  6. Returned Solar Max hardware degradation study results

    International Nuclear Information System (INIS)

    The Solar Maximum Repair Mission returned with the replaced hardware that had been in low Earth orbit for over four years. The materials of this returned hardware gave the aerospace community an opportunity to study the realtime effects of atomic oxygen, solar radiation, impact particles, charged particle radiation, and molecular contamination. The results of these studies are summarized

  7. 46 CFR 308.514 - Return premium.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Return premium. 308.514 Section 308.514 Shipping... Cargo Insurance Ii-Open Policy War Risk Cargo Insurance § 308.514 Return premium. No premium will be... in the computation of a premium, or the insured goods were short-shipped. An application for...

  8. 76 FR 14827 - Disclosure of Returns and Return Information to Designee of Taxpayer

    Science.gov (United States)

    2011-03-18

    ... Internal Revenue Service 26 CFR Part 301 RIN 1545-BJ19 Disclosure of Returns and Return Information to Designee of Taxpayer AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed... the period for submission to the IRS of taxpayer authorizations permitting disclosure of returns...

  9. Trends in return migration to the South.

    Science.gov (United States)

    Long, L H; Hansen, K A

    1975-11-01

    The rate of return migration to the South rose by nearly 19 percent between the late 1950's and the late 1960's and was an important factor in changing the South's overall migration pattern. But an increase in the rate of return migration was somewhat less important in changing Southern migration than (1) a decline in the rate of out-migration of native Southerners and (2) an increase in the rate at which non-Southern-born persons move to the South. The probability of former migrants returning to the South was over four times greater for whites than for blacks in the 1955-1960 period and three and one-fourth times greater in the 1965-1970 period. Since 1970 the rate of return migration has apparently continued to rise at a faster rate for blacks, but the black rate of return migration is still below the white rate.

  10. Poetic Return in Afghanistan Persian Poem

    Directory of Open Access Journals (Sweden)

    Esmaeil Shafagh

    2012-11-01

    Full Text Available Abstract Poetic return movement was started by a group of poets like Moshtagh and Shole Esfehani in the second half of 12 century. Their goal was restoring Persian poem and deliverance of Hindi style decline. Esfahan’s poets initiative was considered only in Iran but in other Persian language and literature areas like India, Afghanistan and Transoxiana it was ignored. After the failure of constitutional Movement in Afghanistan, motion similar poetic return was happened that caused poetic themes, which had gone towards modernism, return to Hindi style again.The present paper attempts to analyze the poetic atmosphere in Afghanistan synchronous the poetic return movement in Iran and investigate socio- political backgrounds of return to Hindi style in Afghanistan after constitution failure.

  11. Surface Abrasion Tool Project

    Data.gov (United States)

    National Aeronautics and Space Administration — The Mars Program Planning Group (MPPG) Final Report reiterates the importance of planetary sample return stating that sample return architectures provide a...

  12. Some tooling for manufacturing research reactor fuel plates

    International Nuclear Information System (INIS)

    This paper will discuss some of the tooling necessary to manufacture aluminum-based research reactor fuel plates. Most of this tooling is intended for use in a high-production facility. Some of the tools shown have manufactured more than 150,000 pieces. The only maintenance has been sharpening. With careful design, tools can be made to accommodate the manufacture of several different fuel elements, thus, reducing tooling costs and maintaining tools that the operators are trained to use. An important feature is to design the tools using materials with good lasting quality. Good tools can increase return on investment. (author)

  13. Utility allowed returns and market extremes

    International Nuclear Information System (INIS)

    In recent years interest rates have fluctuated from exceptionally high levels in the early 1980s to their current levels, the lowest in two decades. Observers and analysts generally have assumed that allowed returns by regulatory commissions follow the movement of interest rates; indeed some analysts use a risk premium method to estimate the cost of common equity, assuming a constant and linear relationship between interest rates and the cost of common equity. That suggests we could expect a relatively stable relationship between interest rates and allowed returns, as well. However, a simple comparison of allowed returns and interest rates shows that this is not the case in recent years. The relationship between market interest rates and the returns allowed by commissions varies and is obviously a great deal more complicated. Empirically, there appears to be only a narrow range where market interest rates significantly affect the allowed returns on common stock set by state commissions, at least for electric and combination utilities. If rates are at historically low levels, allowed returns based largely on market rates will hasten subsequent rate filings, and commissions appear to look beyond the low rate levels. Conversely, it appears that regulators do not let historically high market rates determine allowed returns either. At either high or low interest levels, caution seems to be the policy

  14. Spatially dynamic forest management to sustain biodiversity and economic returns.

    Science.gov (United States)

    Mönkkönen, Mikko; Juutinen, Artti; Mazziotta, Adriano; Miettinen, Kaisa; Podkopaev, Dmitry; Reunanen, Pasi; Salminen, Hannu; Tikkanen, Olli-Pekka

    2014-02-15

    Production of marketed commodities and protection of biodiversity in natural systems often conflict and thus the continuously expanding human needs for more goods and benefits from global ecosystems urgently calls for strategies to resolve this conflict. In this paper, we addressed what is the potential of a forest landscape to simultaneously produce habitats for species and economic returns, and how the conflict between habitat availability and timber production varies among taxa. Secondly, we aimed at revealing an optimal combination of management regimes that maximizes habitat availability for given levels of economic returns. We used multi-objective optimization tools to analyze data from a boreal forest landscape consisting of about 30,000 forest stands simulated 50 years into future. We included seven alternative management regimes, spanning from the recommended intensive forest management regime to complete set-aside of stands (protection), and ten different taxa representing a wide variety of habitat associations and social values. Our results demonstrate it is possible to achieve large improvements in habitat availability with little loss in economic returns. In general, providing dead-wood associated species with more habitats tended to be more expensive than providing requirements for other species. No management regime alone maximized habitat availability for the species, and systematic use of any single management regime resulted in considerable reductions in economic returns. Compared with an optimal combination of management regimes, a consistent application of the recommended management regime would result in 5% reduction in economic returns and up to 270% reduction in habitat availability. Thus, for all taxa a combination of management regimes was required to achieve the optimum. Refraining from silvicultural thinnings on a proportion of stands should be considered as a cost-effective management in commercial forests to reconcile the conflict

  15. MarFS-Requirements-Design-Configuration-Admin

    Energy Technology Data Exchange (ETDEWEB)

    Kettering, Brett Michael [Los Alamos National Lab. (LANL), Los Alamos, NM (United States); Grider, Gary Alan [Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

    2015-07-08

    This document will be organized into sections that are defined by the requirements for a file system that presents a near-POSIX (Portable Operating System Interface) interface to the user, but whose data is stored in whatever form is most efficient for the type of data being stored. After defining the requirement the design for meeting the requirement will be explained. Finally there will be sections on configuring and administering this file system. More and more, data dominates the computing world. There is a “sea” of data out there in many different formats that needs to be managed and used. “Mar” means “sea” in Spanish. Thus, this product is dubbed MarFS, a file system for a sea of data.

  16. Geographic Names Information System (GNIS) Admin Features

    Data.gov (United States)

    Department of Homeland Security — The Geographic Names Information System (GNIS) is the Federal standard for geographic nomenclature. The U.S. Geological Survey developed the GNIS for the U.S. Board...

  17. Salesforce CRM the definitive admin handbook

    CERN Document Server

    Goodey, Paul

    2013-01-01

    A practical guide which will help to discover how to setup and configure the Salesforce CRM application. It offers solutions and practical examples on how to further improve and maintain its functionality with clear systematic instructions. Being highly organized and compact, this book contains detailed instructions with screenshots, diagrams, and tips that clearly describe how you can administer and configure complex Salesforce CRM functionality with absolute ease.This book is for administrators who want to develop and strengthen their Salesforce CRM skills in the areas of configuration and s

  18. Oil Volatility Risk and Expected Stock Returns

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Pan, Xuhui (Nick)

    After the financialization of commodity futures markets in 2004-05 oil volatility has become a strong predictor of returns and volatility of the overall stock market. Furthermore, stocks' exposure to oil volatility risk now drives the cross-section of expected returns. The difference in average...... return between the quintile of stocks with low exposure and high exposure to oil volatility is significant at 0.66% per month, and oil volatility risk carries a significant risk premium of -0.60% per month. In the post-financialization period, oil volatility risk is strongly related with various measures...

  19. Return to Play Following Hip Arthroscopy.

    Science.gov (United States)

    Lee, Simon; Kuhn, Andrew; Draovitch, Pete; Bedi, Asheesh

    2016-10-01

    Femoroacetabular impingement may be particularly disabling to the high-demand athlete, especially those with significant cutting and pivoting requirements. If nonoperative treatment fails to adequately alleviate symptoms or sufficiently restore function in the athlete, hip arthroscopy can lead to improved pain, improved range of motion, and high rates of return to play with proper postoperative rehabilitation. The rate of return to previous level of competition is also high with accurate diagnosis and well-executed correction of deformity. A clear understanding of the etiology, diagnosis, management, and outcomes is essential for clinicians to optimally help patients to return to play. PMID:27543404

  20. Analyzing traffic source impact on returning visitors ratio in information provider website

    Science.gov (United States)

    Prasetio, A.; Sari, P. K.; Sharif, O. O.; Sofyan, E.

    2016-04-01

    Web site performance, especially returning visitor is an important metric for an information provider web site. Since high returning visitor is a good indication of a web site’s visitor loyalty, it is important to find a way to improve this metric. This research investigated if there is any difference on returning visitor metric among three web traffic sources namely direct, referral and search. Monthly returning visitor and total visitor from each source is retrieved from Google Analytics tools and then calculated to measure returning visitor ratio. The period of data observation is from July 2012 to June 2015 resulting in a total of 108 samples. These data then analysed using One-Way Analysis of Variance (ANOVA) to address our research question. The results showed that different traffic source has significantly different returning visitor ratio especially between referral traffic source and the other two traffic sources. On the other hand, this research did not find any significant difference between returning visitor ratio from direct and search traffic sources. The owner of the web site can focus to multiply referral links from other relevant sites.

  1. Multiscale Analysis of the Predictability of Stock Returns

    Directory of Open Access Journals (Sweden)

    Paweł Fiedor

    2015-06-01

    Full Text Available Due to the strong complexity of financial markets, economics does not have a unified theory of price formation in financial markets. The most common assumption is the Efficient-Market Hypothesis, which has been attacked by a number of researchers, using different tools. There were varying degrees to which these tools complied with the formal definitions of efficiency and predictability. In our earlier work, we analysed the predictability of stock returns at two time scales using the entropy rate, which can be directly linked to the mathematical definition of predictability. Nonetheless, none of the above-mentioned studies allow any general understanding of how the financial markets work, beyond disproving the Efficient-Market Hypothesis. In our previous study, we proposed the Maximum Entropy Production Principle, which uses the entropy rate to create a general principle underlying the price formation processes. Both of these studies show that the predictability of price changes is higher at the transaction level intraday scale than the scale of daily returns, but ignore all scales in between. In this study we extend these ideas using the multiscale entropy analysis framework to enhance our understanding of the predictability of price formation processes at various time scales.

  2. The Dynamics of Health and Return Migration

    OpenAIRE

    2011-01-01

    In the final article in a six-part PLoS Medicine; series on Migration & Health, Anita Davies and colleagues from the International Organization for Migration (IOM) discuss the specific health risks and policy needs associated with return migration

  3. Parametric Return Density Estimation for Reinforcement Learning

    CERN Document Server

    Morimura, Tetsuro; Kashima, Hisashi; Hachiya, Hirotaka; Tanaka, Toshiyuki

    2012-01-01

    Most conventional Reinforcement Learning (RL) algorithms aim to optimize decision- making rules in terms of the expected re- turns. However, especially for risk man- agement purposes, other risk-sensitive crite- ria such as the value-at-risk or the expected shortfall are sometimes preferred in real ap- plications. Here, we describe a parametric method for estimating density of the returns, which allows us to handle various criteria in a unified manner. We first extend the Bellman equation for the conditional expected return to cover a conditional probability density of the returns. Then we derive an extension of the TD-learning algorithm for estimating the return densities in an unknown environment. As test instances, several parametric density estimation algorithms are presented for the Gaussian, Laplace, and skewed Laplace dis- tributions. We show that these algorithms lead to risk-sensitive as well as robust RL paradigms through numerical experiments.

  4. Returning to sports after a back injury

    Science.gov (United States)

    ... to return to the sport with your doctor, physical therapist, or other health care providers? Have you been ... sport, talk to your health care provider and physical therapist about whether you can do this safely. Contact ...

  5. Sample Return Systems for Extreme Environments Project

    Data.gov (United States)

    National Aeronautics and Space Administration — Since the Apollo era, sample return missions have been primarily limited to asteroid sampling. More comprehensive sampling could yield critical information on the...

  6. Sample Return Systems for Extreme Environments Project

    Data.gov (United States)

    National Aeronautics and Space Administration — In Phase I we were able to demonstrate that sample return missions utilizing high velocity penetrators (0.1- 1 km/s) could provide substantial new capabilities for...

  7. Fluctuation behaviors of financial return volatility duration

    Science.gov (United States)

    Niu, Hongli; Wang, Jun; Lu, Yunfan

    2016-04-01

    It is of significantly crucial to understand the return volatility of financial markets because it helps to quantify the investment risk, optimize the portfolio, and provide a key input of option pricing models. The characteristics of isolated high volatility events above certain threshold in price fluctuations and the distributions of return intervals between these events arouse great interest in financial research. In the present work, we introduce a new concept of daily return volatility duration, which is defined as the shortest passage time when the future volatility intensity is above or below the current volatility intensity (without predefining a threshold). The statistical properties of the daily return volatility durations for seven representative stock indices from the world financial markets are investigated. Some useful and interesting empirical results of these volatility duration series about the probability distributions, memory effects and multifractal properties are obtained. These results also show that the proposed stock volatility series analysis is a meaningful and beneficial trial.

  8. Tool steels

    DEFF Research Database (Denmark)

    Højerslev, C.

    2001-01-01

    resistance against abrasive wear and secondary carbides (if any) increase the resistance against plastic deformation. Tool steels are alloyed with carbide forming elements (Typically: vanadium, tungsten, molybdenumand chromium) furthermore some steel types contains cobalt. Addition of alloying elements...

  9. TS Tools

    Directory of Open Access Journals (Sweden)

    Yvette Linders

    2012-12-01

    Full Text Available In deze aflevering van TS Tools laat promovenda Yvette Linders (Radboud Universiteit Nijmegen zien hoe software voor kwalitatieve data-analyse kan worden toegepast in het onderzoek naar literatuurkritiek.

  10. MONEY WITH IDIOSYNCRATIC UNINSURABLE RETURNS TO CAPITAL

    OpenAIRE

    Miquel Faig

    2000-01-01

    This paper extends the income fluctuations problem to an economy with endogenous growth. In the present setup, individuals, instead of owning an stream of endowments, accumulate capital with an investment irreversibility constraint and face uninsurable idiosyncratic risks to the return to capital. Money provides both a risk diversification and a liquidity role. Balanced growth paths exist despite the increasing dispersion of the wealth distribution. The return to money cannot be equated to th...

  11. Mapping the Return Migration Research Field

    OpenAIRE

    Cairns, David; Sardinha, João; Tiesler, Nina Clara

    2014-01-01

    This working paper presents an overview of recent literature on the theme of return migration, with particularly emphasis on works of relevance to our understanding of this topic in a contemporary Portuguese migration context. The discussion integrates insights and perspectives from empirically-informed studies with more long-standing theoretical ideas relating to return migration utilizing the idea of ‘generation’. Added to this is emphasis upon the role of social ties in u...

  12. African return migration: past, present, and future.

    Science.gov (United States)

    Gregory, J W; Piche, V

    1983-01-01

    The various forms of return migration in Africa in the twentieth century are first examined, and the factors affecting them are discussed. The authors then consider the value of the household, rather than the individual, as the unit of analysis. Return migration is also analyzed in terms of the linking role it plays between Africa's capitalist and non-capitalist countries. Finally, alternative future trends in the circulatory flow of African labor are considered.

  13. Do shareholders care about corporate investment returns?

    OpenAIRE

    Olli Haltia; Mikko Leppämäki

    2000-01-01

    This paper considers the apparent contradiction between the results of Artto (1997), who claims that shareholders in the paper industry have gained reasonable returns, and Pohjola (1996), who argues that a large shareholder value has been lost (the Artto–Pohjola Paradox). We show under fairly general conditions that the shareholders may enjoy reasonable return while the managers are simultaneously destroying value of the firm by allocating funds to bad investments. In this case the firm’s sha...

  14. Return Migration and Illegal Immigration Control

    OpenAIRE

    Karin Mayr; Alexander Kemnitz

    2012-01-01

    This paper investigates the effectiveness of immigration control policies when the duration of stay of illegal immigrants is endogenous because they may return home voluntarily. It shows that return intentions matter. First, we find that spending on border enforcement can potentially increase the total amount of illegal labor in the receiving country. This is because, while fewer illegals enter the country, those who do enter stay longer. Second, in-site inspections reduce illegal labor, unle...

  15. The nutritional returns to parental education:

    OpenAIRE

    Alderman, Harold; Headey, Derek D.

    2014-01-01

    Though parental education is widely perceived to be an important determinant of child nutrition outcomes, there remain significant uncertainties about whether maternal or paternal education matters most, whether there are increasing or decreasing returns to parental education, and whether these returns are robust given that recent gains in enrollment have not always translated into commensurate gains in learning outcomes. In this paper we investigate these questions through a statistical anal...

  16. Are fund of hedge fund returns asymmetric?

    OpenAIRE

    Lynch, Margaret; Hutson, Elaine; Stevenson, Max

    2004-01-01

    We examine the return distributions of 332 funds of hedge funds and associated indices. Over half of the sample is significantly skewed according to the skewness statistic, and these are split 50/50 positive and negative. However, we argue that the skewness statistic can lead to erroneous inferences regarding the nature of the return distribution, because the test statistic is based on the normal distribution. Using a series of tests that make minimal assumptions about the shape of the ...

  17. Stock Returns-Inflation Relation in India

    OpenAIRE

    K. R. Shanmugam; Biswa Swarup Misra

    2008-01-01

    This study contributes to the stock returns-inflation relation literature in developing countries by revisiting the issue with reference to the emerging economy, India. More specifically, it tests whether the Indian stock market provides an effective hedge against inflation using monthly data on real stock return, inflation and real activity from April 1980 to March 2004 and a two-step estimation procedure. Results of the study indicate that (i) the Indian stock market reflects future real ac...

  18. Non-stationarities in stock returns

    OpenAIRE

    Catalin Starica; Clive Granger

    2004-01-01

    The paper outlines a methodology for analyzing daily stock returns that relinquishes the assumption of global stationarity. Giving up this common working hypothesis reflects our belief that fundamental features of the financial markets are continuously and significantly changing. Our approach approximates locally the non-stationary data by stationary models. The methodology is applied to the S&P 500 series of returns covering a period of over seventy years of market activity. We find most of ...

  19. CEO Pay, Shareholder Returns and Accounting Profitability

    OpenAIRE

    Fred Guy

    2000-01-01

    We assess the impact on ceo pay (including salary, cash bonus, and benefits in kind) of changes in both accounting and shareholder returns in 99 british companies in the years 1972-89. After correcting for heterogeneity biases inherent in the standard specifications of the problem, we find a strong positive relationship between ceo pay and within-company changes in shareholder returns, and no statistically significant relationship between ceo pay and within-company changes in accounting retur...

  20. CEO pay, shareholder returns, and accounting profits

    OpenAIRE

    Guy, Frederick

    2000-01-01

    We assess the impact on CEO pay (including salary, cash bonus, and benefits in kind) of changes in both accounting and shareholder returns in 99 British companies in the years 1972-89. After correcting for heterogeneity biases inherent in the standard specifications of the problem, we find a strong positive relationship between CEO pay and within-company changes in shareholder returns, and no statistically significant relationship between CEO pay and within-company changes in accounting retur...

  1. Issuer Quality and Corporate Bond Returns

    OpenAIRE

    Greenwood, Robin Marc; Hanson, Samuel Gregory

    2013-01-01

    We show that the credit quality of corporate debt issuers deteriorates during credit booms, and that this deterioration forecasts low excess returns to corporate bondholders. The key insight is that changes in the pricing of credit risk disproportionately affect the financing costs faced by low quality firms, so the debt issuance of low quality firms is particularly useful for forecasting bond returns. We show that a significant decline in issuer quality is a more reliable signal of credit ma...

  2. Evidence of portuguese stock market abnormal returns

    OpenAIRE

    Duarte, Elisabete Mendes; Oliveira, Lisete Trindade

    2011-01-01

    According to the stock market efficiency theory, it is not possible to consistently beat the market. However, technical analysis is more and more spread as an efficient way to achieve abnormal returns. In fact there is evidence that momentum investing strategies provide abnormal returns in different stock markets, Jegadeesh, N. and Titman, S. (1993), George, T. and Hwang, C. (2004) and Du, D. (2009). In this work we study if like other markets, the Portuguese stock market also allows to obtai...

  3. Exploring Longitudinal Risk-return Relationships

    DEFF Research Database (Denmark)

    Andersen, Torben J.; Bettis, Richard A.

    2015-01-01

    We study a longitudinal fit model of adaptation and its association with the longitudinal risk-return relationship. The model allows the firm to adjust its position in response to partial learning about a changing environment characterized by two path-dependent processes—a random walk...... can lead to the inverse longitudinal risk-return relationships observed empirically. We discuss this apparent paradox and the possible resolution between mindless and conscious behavior as plausible causes of the longitudinal Bowman Paradox....

  4. Return on Investment: A Placebo for the Chief Financial Officer... and Other Paradoxes

    Science.gov (United States)

    Andru, Peter; Botchkarev, Alexei

    2011-01-01

    Background: Return on investment (ROI) is one of the most popular evaluation metrics. ROI analysis (when applied correctly) is a powerful tool of evaluating existing information systems and making informed decisions on the acquisitions. However, practical use of the ROI is complicated by a number of uncertainties and controversies. The article…

  5. Measuring Social Return on Investment for Community Schools: A Case Study

    Science.gov (United States)

    Martinez, Laura; Hayes, Cheryl D.

    2013-01-01

    Social return on investment (SROI) offers a new strategy to measure and communicate the value of outcomes achieved by programs that provide social, health, and education services to children and their families. It can be a powerful tool for demonstrating the monetary value of programs and services and for communicating that value in a way that can…

  6. 49 CFR 236.720 - Circuit, common return.

    Science.gov (United States)

    2010-10-01

    ... Circuit, common return. A term applied where one wire is used for the return of more than one electric circuit. ... 49 Transportation 4 2010-10-01 2010-10-01 false Circuit, common return. 236.720 Section...

  7. Long-term Prior Return Patterns in Stock Returns: Evidence from Emerging Markets

    OpenAIRE

    Sanjay Sehgal; Sakshi Jain; Pr Laurence the Porteu de la Morandiere

    2013-01-01

    In this paper, we identify long-term prior return patterns in stock returns for Brazil, Russia, India, China, South Korea, and South Africa (BRICKS) markets from January 1993 to February 2008. While Brazil, Russia and South Africa report momentum behavior, India, China and South Korea exhibit contrarian patterns for long-term prior return (24-60 months) as well as company characteristic(s) and prior return based portfolios. The CAPM is a poor descriptor of asset pricing as it doesn’t explai...

  8. RETURN ON CURRENT ASSETS, WORKING CAPITAL AND REQUIRED RATE OF RETURN ON EQUITY

    Directory of Open Access Journals (Sweden)

    Monika Bolek

    2014-08-01

    Full Text Available The problem of return on current assets and return on working capital related to the cost of equity invested in a company is analyzed in this paper. Risk – return and liquidity – profitability trade-offs influence the company’s equilibrium and management decisions. Liquidity is measured by the cash conversion cycle and it is related to the working capital strategy, measured by current ratio. Rate of return on current assets should be related to the rate of return on working capital that is linked to the cost of capital and the required rate of return. The results indicate that there is a positive relationship between the return on current assets and cash conversion cycle, a positive relationship between cost of equity and return on working capital meaning that the working capital, cash conversion cycle and current assets management are related to profitability, and cost of equity is determined by the required rate of return calculated based on the Capital Asset Pricing Model.

  9. Temporal Oculomotor Inhibition of Return and Spatial Facilitation of Return in a Visual Encoding Task

    Directory of Open Access Journals (Sweden)

    Steven G Luke

    2013-07-01

    Full Text Available Oculomotor inhibition of return (O-IOR is an increase in saccade latency prior to an eye movement to a recently fixated location compared to other locations. It has been proposed that this temporal O-IOR may have spatial consequences, facilitating foraging by inhibiting return to previously attended regions. In order to test this possibility, participants viewed arrays of objects and of words while their eye movements were recorded. Temporal O-IOR was observed, with equivalent effects for object and word arrays, indicating that temporal O-IOR is an oculomotor phenomenon independent of array content. There was no evidence for spatial inhibition of return. Instead, spatial facilitation of return was observed: Participants were significantly more likely than chance to make return saccades and to refixate just-visited locations. Further, the likelihood of making a return saccade to an object or word was contingent on the amount of time spent viewing that object or word before leaving it. This suggests that, unlike temporal O-IOR, return probability is influenced by cognitive processing. Taken together, these results are inconsistent with the hypothesis that inhibition of return functions as a foraging facilitator. The results also provide strong evidence for a different oculomotor bias that could serve as a foraging facilitator: saccadic momentum, a tendency to repeat the most recently executed saccade program. We suggest that models of visual attention could incorporate saccadic momentum in place of inhibition of return.

  10. Optimization of return electrodes in neurostimulating arrays

    Science.gov (United States)

    Flores, Thomas; Goetz, Georges; Lei, Xin; Palanker, Daniel

    2016-06-01

    Objective. High resolution visual prostheses require dense stimulating arrays with localized inputs of individual electrodes. We study the electric field produced by multielectrode arrays in electrolyte to determine an optimal configuration of return electrodes and activation sequence. Approach. To determine the boundary conditions for computation of the electric field in electrolyte, we assessed current dynamics using an equivalent circuit of a multielectrode array with interleaved return electrodes. The electric field modeled with two different boundary conditions derived from the equivalent circuit was then compared to measurements of electric potential in electrolyte. To assess the effect of return electrode configuration on retinal stimulation, we transformed the computed electric fields into retinal response using a model of neural network-mediated stimulation. Main results. Electric currents at the capacitive electrode-electrolyte interface redistribute over time, so that boundary conditions transition from equipotential surfaces at the beginning of the pulse to uniform current density in steady state. Experimental measurements confirmed that, in steady state, the boundary condition corresponds to a uniform current density on electrode surfaces. Arrays with local return electrodes exhibit improved field confinement and can elicit stronger network-mediated retinal response compared to those with a common remote return. Connecting local return electrodes enhances the field penetration depth and allows reducing the return electrode area. Sequential activation of the pixels in large monopolar arrays reduces electrical cross-talk and improves the contrast in pattern stimulation. Significance. Accurate modeling of multielectrode arrays helps optimize the electrode configuration to maximize the spatial resolution, contrast and dynamic range of retinal prostheses.

  11. Management Tools

    Science.gov (United States)

    1987-01-01

    Manugistics, Inc. (formerly AVYX, Inc.) has introduced a new programming language for IBM and IBM compatible computers called TREES-pls. It is a resource management tool originating from the space shuttle, that can be used in such applications as scheduling, resource allocation project control, information management, and artificial intelligence. Manugistics, Inc. was looking for a flexible tool that can be applied to many problems with minimal adaptation. Among the non-government markets are aerospace, other manufacturing, transportation, health care, food and beverage and professional services.

  12. The Tail Exponent for Stock Returns in Bursa Malaysia for 2003-2008

    Science.gov (United States)

    Rusli, N. H.; Gopir, G.; Usang, M. D.

    2010-07-01

    A developed discipline of econophysics that has been introduced is exhibiting the application of mathematical tools that are usually applied to the physical models for the study of financial models. In this study, an analysis of the time series behavior of several blue chip and penny stock companies in Main Market of Bursa Malaysia has been performed. Generally, the basic quantity being used is the relative price changes or is called the stock price returns, contains daily-sampled data from the beginning of 2003 until the end of 2008, containing 1555 trading days recorded. The aim of this paper is to investigate the tail exponent in tails of the distribution for blue chip stocks and penny stocks financial returns in six years period. By using a standard regression method, it is found that the distribution performed double scaling on the log-log plot of the cumulative probability of the normalized returns. Thus we calculate α for a small scale return as well as large scale return. Based on the result obtained, it is found that the power-law behavior for the probability density functions of the stock price absolute returns P(z)˜z-α with values lying inside and outside the Lévy stable regime with values α>2. All the results were discussed in detail.

  13. Where Are "Women Returners" Returning From? Deconstructing Domestication in the Context of Lifelong Learning.

    Science.gov (United States)

    Clarke, Julia

    The question of where "women returners" to education are returning from was examined through an exploration of the life histories of 18 women in southern England. The study focused on the biographies of women who regarded themselves as primarily responsible for the care of others and yet whose aspirations involved some form of continuing…

  14. 78 FR 26506 - Disclosure of Returns and Return Information to Designee of Taxpayer

    Science.gov (United States)

    2013-05-07

    ... Internal Revenue Service 26 CFR Part 301 RIN 1545-BJ19 Disclosure of Returns and Return Information to Designee of Taxpayer AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final regulations. SUMMARY... proposed rulemaking (REG-153338-09) in the Federal Register, 76 FR 14827, on March 18, 2011, which...

  15. 76 FR 31543 - Disclosure of Returns and Return Information to Designee of Taxpayer; Hearing Cancellation

    Science.gov (United States)

    2011-06-01

    ... Internal Revenue Service 26 CFR Part 301 RIN 1545-BJ19 Disclosure of Returns and Return Information to Designee of Taxpayer; Hearing Cancellation AGENCY: Internal Revenue Service (IRS), Treasury. ACTION... (76 FR 14827) announced that a public hearing was scheduled for June 9, 2011, at 10 a.m. in the...

  16. Return Migration: A Study of College Graduates Returning to Rural U.S. Homes

    Science.gov (United States)

    Mahoney, Elizabeth D.

    2009-01-01

    The purpose of this study is to explore perceptions of return migration experiences and gain knowledge from rural residents who have left to obtain a college education and start careers in non-rural areas, and who then returned to their rural hometowns with the social and economic benefits of a college education, and other valuable resources. This…

  17. Post-return experiences and transnational belonging of return migrants: A Dutch-Moroccan case study

    NARCIS (Netherlands)

    Bree, J. de; Davids, T.; Haas, H.G. de

    2010-01-01

    In this article we explore the links between return migration, belonging and transnationalism among migrants who returned from the Netherlands to northeast Morocco. While transnationalism is commonly discussed from the perspective of a receiving country, this study shows that transnationalism also p

  18. Macro factors in oil futures returns

    International Nuclear Information System (INIS)

    We investigate the macro factors that can explain the monthly oil futures return for the NYMEX WTI futures contract for the time period 1993:11 to 2010:03. We build a new database of 187 real and nominal macro-economic variables from developed and emerging countries and resort to the large factor approximate model to extract 9 factors from this dataset. We then regress crude oil return on several combinations of these factors. Our best model explains around 38% of the variability of oil futures return. More interestingly, the factor which has the largest influence on crude oil price is related to real variables from emerging countries. This result confirms the latest finding in the literature that the recent evolution in oil price is attributable to change in supply and demand conditions and not to the large increase in trading activity from speculators. (authors)

  19. Ethnic return migration: an Estonian case.

    Science.gov (United States)

    Kulu, H

    1998-01-01

    "This article examines return migration during the post World War 2 period of descendants of Estonians who emigrated to Russia at the end of the nineteenth and at the beginning of the twentieth century" The focus is on changing migration patterns over time. "The behavioural norm of Estonians born in the 1910s-1920s has been return migration to Estonia, while the migration behaviour of the 1930s-1940s and the 1950s-1960s generations can be characterized by urbanization in West Siberia. The results give reason to assume that ethnic return migration over a long period depends neither directly nor indirectly on momentary environmental changes, but rather on changes in people's values, habits, identity etc., which in the case of an ethnic minority living outside its historical homeland may be followed generation by generation." (EXCERPT)

  20. SOCCER: Comet Coma Sample Return Mission

    Science.gov (United States)

    Albee, A. L.; Uesugi, K. T.; Tsou, Peter

    1994-01-01

    Comets, being considered the most primitive bodies in the solar system, command the highest priority among solar system objects for studying solar nebula evolution and the evolution of life through biogenic elements and compounds. Sample Of Comet Coma Earth Return (SOCCER), a joint effort between NASA and the Institute of Space and Astronautical Science (ISAS) in Japan, has two primary science objectives: (1) the imaging of the comet nucleus and (2) the return to Earth of samples of volatile species and intact dust. This effort makes use of the unique strengths and capabilities of both countries in realizing this important quest for the return of samples from a comet. This paper presents an overview of SOCCER's science payloads, engineering flight system, and its mission operations.

  1. Return to Play After Cervical Disc Surgery.

    Science.gov (United States)

    Kang, Daniel G; Anderson, Justin C; Lehman, Ronald A

    2016-10-01

    Criteria for return to sports and athletic activities after cervical spine surgery are unclear. There is limited literature regarding the outcomes and optimal criteria. Determining return to play criteria remains a challenge and continues to depend on the experience and good judgment of the treating surgeon. There is strong consensus in the literature, despite lack of evidence-based data, that athletes after single-level anterior cervical discectomy and fusion (ACDF) may safely return to collision and high-velocity sports. The athlete should be counseled and managed on a case-by-case basis, taking into consideration the type of sport, player-specific variables, and type of surgery performed. PMID:27543397

  2. Expected Stock Returns and Variance Risk Premia

    DEFF Research Database (Denmark)

    Bollerslev, Tim; Zhou, Hao

    We find that the difference between implied and realized variation, or the variance risk premium, is able to explain more than fifteen percent of the ex-post time series variation in quarterly excess returns on the market portfolio over the 1990 to 2005 sample period, with high (low) premia...... risk premium with the P/E ratio results in an R2 for the quarterly returns of more than twenty-five percent. The results depend crucially on the use of "model-free", as opposed to standard Black-Scholes, implied variances, and realized variances constructed from high-frequency intraday, as opposed...... to daily, data. Our findings suggest that temporal variation in both risk-aversion and volatility-risk play an important role in determining stock market returns....

  3. Returning to Work After Electrical Injuries

    DEFF Research Database (Denmark)

    Stergiou-Kita, M.; Mansfield, E.; Bayley, M.;

    2014-01-01

    The objective of this study was to gain an understanding of workers' experiences with returning to work, the challenges they experienced, and the supports they found most beneficial when returning to work after a workplace electrical injury. Thirteen semistructured qualitative telephone interviews...... were conducted with individuals who experienced an electrical injury at the workplace. Participants were recruited from specialized burns rehabilitation programs in Ontario, Canada. Interviews were transcribed verbatim and thematic analysis used to analyze the qualitative interviews. Data regarding......, and responsibility for the injury; and 3) having to return to the workplace or worksite where the injury took place. The most beneficial supports identified by the injured workers included: 1) support from family, friends, and coworkers; and 2) the receipt of rehabilitation services specialized in electrical injury...

  4. Social Return on Investment: Valuing health outcomes or promoting economic values?

    Science.gov (United States)

    Leck, Chris; Upton, Dominic; Evans, Nick

    2016-07-01

    Interventions and activities that influence health are often concerned with intangible outcomes that are difficult to value despite their potential significance. Social Return on Investment is an evaluation framework that explores all aspects of change and expresses these in comparable terms. It combines qualitative narratives and quantitative measurements with a financial approach to enable outcomes that can otherwise be overlooked or undervalued to be incorporated appropriately. This article presents Social Return on Investment as an effective tool for supporting the development of a holistic appreciation of how interventions impact on the health and well-being of individuals, communities and societies.

  5. Britain and Algeria: Problems of Return

    OpenAIRE

    Joffé, George

    2007-01-01

    Collective Action to Support the Reintegration of Return Migrants in their Country of Origin (MIREM) Britain is not an obvious country to which Algerians migrate, although the crisis of the Algerian civil war in the 1990s was to make it an alternative to continental Europe, especially France. From 45 in 1991, asylum applications peaked in 1995 at 1,865 persons and then ran at a consistently high level up to 2002. They are now in steep decline. Return of Algerian asylum-seekers has not f...

  6. Assessing symmetry of financial returns series

    CERN Document Server

    Coronel-Brizio, H F; Rodriguez-Achach, M

    2007-01-01

    Testing symmetry of a probability distribution is a common question arising from applications in several fields. Particularly, in the study of observables used in the analysis of stock market index variations, the question of symmetry has not been fully investigated by means of statistical procedures. In this work a distribution-free test statistic Tn for testing symmetry, derived by Einmahl and McKeague, based on the empirical likelihood approach, is used to address the study of symmetry of financial returns. The asymptotic points of the test statistic Tn are also calculated and a procedure for assessing symmetry for the analysis of the returns of stock market indices is presented.

  7. Male and Female Marriage Returns to Schooling

    DEFF Research Database (Denmark)

    Bruze, Gustaf

    A collective marriage matching model is estimated and calibrated to quantify the share of returns to schooling that is realized through marriage. The predictions of the model are matched with US data on the relationship between schooling and wage rates, the division of time within the household......, and the extent to which men and women sort positively on several traits in marriage. Counterfactual analysis conducted with the model, suggests that US middle aged men and women are earning in the order of 30 percent of their return to schooling through improved marital outcomes....

  8. 7 CFR 3560.305 - Return on investment.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 15 2010-01-01 2010-01-01 false Return on investment. 3560.305 Section 3560.305... AGRICULTURE DIRECT MULTI-FAMILY HOUSING LOANS AND GRANTS Financial Management § 3560.305 Return on investment. (a) Borrower's return on investment. Borrowers may receive a return on their investment (ROI)...

  9. The Economic Returns to Lifelong Learning in OECD Countries.

    Science.gov (United States)

    Cohn, Elchanan; Addison, John T.

    1998-01-01

    Examines recent returns to schooling and vocational and occupational training in OECD countries. Provides estimates of short-cut, Mincer-type, and internal rates of return to schooling and alternative estimates of returns to formal and informal post-school training investments. High-return countries include Austria, Canada, France, Mexico,…

  10. Inventory control with product returns: the impact of imperfect information

    NARCIS (Netherlands)

    De Brito, M.P.; Laan, E.A.

    2009-01-01

    Product returns are characterized by considerable uncertainty on time and quantity. In the literature on inventory management for product return environments best forecasts of future returns are associated with methods that use the most information regarding product return history. In practice, howe

  11. Note Short-term predictability of German stock returns

    OpenAIRE

    Walter KrÄmer

    1998-01-01

    The paper investigates short-horizon individual stock returns; it exhibits statistically and economically significant autocorrelations, which for stock returns have so far been established mainly over long horizons, also for certain daily data, in particular between monday returns and various linear combinations of the previous week's returns.

  12. Passive vs. Parachute System Architecture for Robotic Sample Return Vehicles

    Science.gov (United States)

    Maddock, Robert W.; Henning, Allen B.; Samareh, Jamshid A.

    2016-01-01

    The Multi-Mission Earth Entry Vehicle (MMEEV) is a flexible vehicle concept based on the Mars Sample Return (MSR) EEV design which can be used in the preliminary sample return mission study phase to parametrically investigate any trade space of interest to determine the best entry vehicle design approach for that particular mission concept. In addition to the trade space dimensions often considered (e.g. entry conditions, payload size and mass, vehicle size, etc.), the MMEEV trade space considers whether it might be more beneficial for the vehicle to utilize a parachute system during descent/landing or to be fully passive (i.e. not use a parachute). In order to evaluate this trade space dimension, a simplified parachute system model has been developed based on inputs such as vehicle size/mass, payload size/mass and landing requirements. This model works in conjunction with analytical approximations of a mission trade space dataset provided by the MMEEV System Analysis for Planetary EDL (M-SAPE) tool to help quantify the differences between an active (with parachute) and a passive (no parachute) vehicle concept.

  13. Engineering tools

    OpenAIRE

    2010-01-01

    The aim of this report is to give an overview of the results of Work Package 5 “Engineering Tools”. In this workpackage numerical tools have been developed for all relevant CHCP systems in the PolySMART demonstration projects (WP3). First, existing simulation platforms have been described and specific characteristics have been identified. Several different simulation platforms are in principle appropriate for the needs in the PolySMART project. The result is an evaluation of available simulat...

  14. Return Migration to Mexico: Does Health Matter?

    Science.gov (United States)

    Arenas, Erika; Goldman, Noreen; Pebley, Anne R; Teruel, Graciela

    2015-12-01

    We use data from three rounds of the Mexican Family Life Survey to examine whether migrants in the United States returning to Mexico in the period 2005-2012 have worse health than those remaining in the United States. Despite extensive interest by demographers in health-related selection, this has been a neglected area of study in the literature on U.S.-Mexico migration, and the few results to date have been contradictory and inconclusive. Using five self-reported health variables collected while migrants resided in the United States and subsequent migration history, we find direct evidence of higher probabilities of return migration for Mexican migrants in poor health as well as lower probabilities of return for migrants with improving health. These findings are robust to the inclusion of potential confounders reflecting the migrants' demographic characteristics, economic situation, family ties, and origin and destination characteristics. We anticipate that in the coming decade, health may become an even more salient issue in migrants' decisions about returning to Mexico, given the recent expansion in access to health insurance in Mexico. PMID:26385111

  15. Exploring Literate Lives: Returning to the Field

    Science.gov (United States)

    Henderson, Robyn; Woods, Annette

    2016-01-01

    The challenges of conducting lengthy fieldwork in today's busy academic world have impacted the types of research that are able to be carried out. In particular, traditional educational ethnography has become problematic for research beyond initial doctoral research programs. This article analyzes data collected during a return to the field of a…

  16. PROJECTED COSTS AND RETURNS - SUGARCANE, LOUISIANA, 1997

    OpenAIRE

    Champagne, Lonnie P.; Salassi, Michael E.

    1997-01-01

    This report presents estimates of costs and returns associated with sugarcane production practices in Louisiana for 1997. It is part of a continuing effort to provide farmers, researchers, extension personnel, lending agencies and others working in agriculture and/or agribusiness timely planning information.

  17. Social return in het mkb vereist creativiteit

    NARCIS (Netherlands)

    Walhof, Gert; Woude, Marius van der

    2014-01-01

    Op papier biedt de nieuwe Aanbestedingswet meer kansen voor het mkb. In de praktijk hebben kleine bedrijven de grootste moeite deel te nemen aan aanbestedingen, vooral als social return daarbij een rol speelt. Lector Gert Walhof en docent Marius van der Woude vinden dat mkb-bedrijven met aantoonbare

  18. Return Migration to Mexico: Does Health Matter?

    Science.gov (United States)

    Arenas, Erika; Goldman, Noreen; Pebley, Anne R; Teruel, Graciela

    2015-12-01

    We use data from three rounds of the Mexican Family Life Survey to examine whether migrants in the United States returning to Mexico in the period 2005-2012 have worse health than those remaining in the United States. Despite extensive interest by demographers in health-related selection, this has been a neglected area of study in the literature on U.S.-Mexico migration, and the few results to date have been contradictory and inconclusive. Using five self-reported health variables collected while migrants resided in the United States and subsequent migration history, we find direct evidence of higher probabilities of return migration for Mexican migrants in poor health as well as lower probabilities of return for migrants with improving health. These findings are robust to the inclusion of potential confounders reflecting the migrants' demographic characteristics, economic situation, family ties, and origin and destination characteristics. We anticipate that in the coming decade, health may become an even more salient issue in migrants' decisions about returning to Mexico, given the recent expansion in access to health insurance in Mexico.

  19. Return migration from Canada to Britain.

    Science.gov (United States)

    Richmond, A H

    1968-07-01

    Abstract Statistics of migrants returning from Canada to Britain and re-registering for national insurance purposes are compared with labour force immigrants entering Canada between 1956 and 1965. Short and long-term indices are calculated which suggest that return migration has been increasing since 1960. A sample survey carried out in 1962-63 distinguishes three types of returning migrant: (a) quasi-migrants who originally planned to return to Britain; (b) permanent repatriates who originally intended to settle in Canada but now expect to remain in Britain; (c) transilient migrants who exhibit a high propensity to move backwards and forwards between two or more countries without becoming permanently rooted in anyone. The demographic, economic and social characteristics of the three types are described. A further comparison is made between migrants who plan to settle in Britain, those who intend to come back again to Canada, and those who are uncertain of their future plans or who intend to move on to a third country.

  20. Tail Risk Premia and Return Predictability

    DEFF Research Database (Denmark)

    Bollerslev, Tim; Todorov, Viktor; Xu, Lai

    The variance risk premium, defined as the difference between actual and risk-neutralized expectations of the forward aggregate market variation, helps predict future market returns. Relying on new essentially model-free estimation procedure, we show that much of this predictability may......-varying economic uncertainty and changes in risk aversion, or market fears, respectively....

  1. Risk Measures for Autocorrelated Hedge Fund Returns

    NARCIS (Netherlands)

    A. Di Cesare (Antonio); Ph.A. Stork (Philip); C.G. de Vries (Casper)

    2011-01-01

    textabstractStandard risk metrics tend to underestimate the true risks of hedge funds because of serial correlation in the reported returns. Getmansky et al. (2004) derive mean, variance, Sharpe ratio, and beta formulae adjusted for serial correlation. Following their lead, adjusted downside and glo

  2. The Returns on Investment Grade Diamonds

    NARCIS (Netherlands)

    Renneboog, L.D.R.

    2013-01-01

    Abstract: This paper examines the risk-return characteristics of investment grade gems (white diamonds, colored diamonds and other types of gems including sapphires, rubies, and emeralds). The transactions are coming from gem auctions and span the period 1999-2012. Over our time frame, the annual no

  3. An Editor's Journey: Return to Haiti

    Science.gov (United States)

    Moy, Yvette

    2012-01-01

    This paper recounts the author's story as she returned to Haiti in February to join a building project near Port-Au-Prince and to document efforts by U.S. higher education institutions to help the country rebound from the devastating 2010 earthquake. The author describes how consortiums have been formed in order to support the development of the…

  4. An ancient musical instrument returns home

    Institute of Scientific and Technical Information of China (English)

    1997-01-01

    After 300 years abroad, an ancient Chinese musical instrument returned home with its face lifted and a Japanese name. Originally a one-stringed plucker, the Daisho Modo now features a whole family of electric high-, medium-pitched and bass instruments. With crisp tone and wide range, the Daisho Modo is

  5. Diagnosing Febrile Illness in a Returned Traveler

    Centers for Disease Control (CDC) Podcasts

    2012-03-01

    This podcast will assist health care providers in diagnosing febrile illness in patients returning from a tropical or developing country.  Created: 3/1/2012 by National Center for Enteric, Zoonotic, and Infectious Diseases (NCEZID).   Date Released: 3/1/2012.

  6. Intergranular attack evaluation from hideout return

    International Nuclear Information System (INIS)

    Intergranular Attack (IGA) is the secondary side corrosion mechanism on PWR steam generator tubing, which can occur most frequently even with a good waterchemistry. It has moderately developed in a few French units. Consequently, several remedies have been implemented, such as sodium content decrease in makeup water and application of more stringent chemistry specifications. In order to evaluate the local chemistry in restricted areas where IGA may occur, a large hideout return programme has been carried out on many units. It shows that free alkalinity returning during shutdown is usually ranging from 0.5 to 5 g of sodium per steam generator, and that the required time to let it return is about 40 hours. However, high temperature pH calculations indicate that such an amount of alkalinity can correspond to a potentially corrosive solution in restricted areas, where a concentration factor of 105 to 107 can be reached, inducing a pH of 10 at 300oC. Studies are still in progress in order to define when a shutdown should be required to allow hideout return and help to prevent IGA. (author)

  7. Newly Homeless Youth Typically Return Home

    OpenAIRE

    Milburn, Norweeta G.; Rosenthal, Doreen; Rotheram-Borus, Mary Jane; Mallett, Shelley; Batterham, Philip; Rice, Eric; Solorio, Rosa

    2007-01-01

    165 newly homeless adolescents from Melbourne, Australia and 261 from Los Angeles, United States were surveyed and followed for two years. Most newly homeless adolescents returned home (70% U.S., 47% Australia) for significant amounts of time (39% U.S., 17% Australia more than 12 months) within two years of becoming homeless.

  8. The returns to foreign R&D

    NARCIS (Netherlands)

    Belderbos, R.A.; Lokshin, B.; Sadowski, B.

    2015-01-01

    Extant research on R&D internationalization has not examined how effective foreign R&D investments are in generating positive returns for the investing firms, in particular in comparison and conjunction with the effects of domestic R&D investments. We examine the effectiveness of international knowl

  9. Investment Return Calculations and Senior School Mathematics

    Science.gov (United States)

    Fitzherbert, Richard M.; Pitt, David G. W.

    2010-01-01

    The methods for calculating returns on investments are taught to undergraduate level business students. In this paper, the authors demonstrate how such calculations are within the scope of senior school students of mathematics. In providing this demonstration the authors hope to give teachers and students alike an illustration of the power and the…

  10. Return migration and occupational change: the case of Pakistani migrants returned from the Middle East.

    Science.gov (United States)

    Arif, G M; Irfan, M

    1997-01-01

    This paper reports on the factors affecting occupational composition of Pakistani workers upon their return from Middle East employment locations as determined by using the 1986 ILO/ARTEP Survey of Return Migrant Households. Three issues related to post-migration occupation change of return migrants were explored: 1) the comparison of occupational composition in the pre-migration phase with the composition during migration; 2) the direction of occupational change; and 3) the factors affecting these changes after return. 44% of the total employed in the ILO sample changed their pre-migration occupations upon return from employment in production or service jobs to smallbusinessrelated employment; the highest level of occupational change was observed in nonirrigated areas. Occupational change was strongly related to migrants' duration of stay in the Middle East, their ages upon returning, and their level of educational attainment. Occupational mobility experienced by the returnees was mainly towards the business sectora direction approved by the Pakistan Government. The preference of the returnees to work independently might have enabled them to earn sufficient money to maintain their higher standard of living into the period following return migration. It is concluded that in order to achieve stability in the businesses established by the returnees, the Overseas Pakistanis' Foundation should provide services, including project-oriented training courses and loan plans, that will aid the returnees in managing their small businesses.

  11. Expected commodity returns and pricing models

    International Nuclear Information System (INIS)

    Stochastic models of commodity prices have evolved considerably in terms of their structure and the number and interpretation of the state variables that model the underlying risk. Using multiple factors, different specifications and modern estimation techniques, these models have gained wide acceptance because of their success in accurately fitting the observed commodity futures' term structures and their dynamics. It is not well emphasized however that these models, in addition to providing the risk neutral distribution of future spot prices, also provide their true distribution. While the parameters of the risk neutral distribution are estimated more precisely and are usually statistically significant, some of the parameters of the true distribution are typically measured with large errors and are statistically insignificant. In this paper we argue that to increase the reliability of commodity pricing models, and therefore their use by practitioners, some of their parameters — in particular the risk premium parameters — should be obtained from other sources and we show that this can be done without losing any precision in the pricing of futures contracts. We show how the risk premium parameters can be obtained from estimations of expected futures returns and provide alternative procedures for estimating these expected futures returns. - Highlights: • Simple methodology to improve the performance of commodity pricing models • New information about commodity futures expected return is added to the estimation. • No significant effect in pricing futures contracts is observed. • More reliable commodity pricing model's expected returns are obtained. • Methodology is open to any expected futures return model preferred by practitioner

  12. "Volatility Spillovers Between Crude Oil Futures Returns and Oil Company Stocks Return"

    OpenAIRE

    Chia-Lin Chang; Michael McAleer; Roengchai Tansuchat

    2009-01-01

    The purpose of this paper is to investigate the volatility spillovers between the returns on crude oil futures and oil company stocks using alternative multivariate GARCH models, namely the CCC model of Bollerslev (1990), VARMA-GARCH model of Ling and McAleer (2003), and VARMA-AGARCH model of McAleer et al. (2008). The paper investigates WTI crude oil futures returns and the stock returns of ten oil companies, which comprise the ?supermajor? group of oil companies, namely Exxon Mobil (XOM), R...

  13. Volatility Spillovers Between Crude Oil Futures Returns and Oil Company Stocks Return

    OpenAIRE

    Chang, Chia-Lin; McAleer, Michael; Roengchai, Tansuchat

    2009-01-01

    The purpose of this paper is to investigate the volatility spillovers between the returns on crude oil futures and oil company stocks using alternative multivariate GARCH models, namely the CCC model of Bollerslev (1990), VARMA-GARCH model of Ling and McAleer (2003), and VARMA-AGARCH model of McAleer et al. (2008). The paper investigates WTI crude oil futures returns and the stock returns of ten oil companies, which comprise the “supermajor” group of oil companies, namely Exxon Mobil (XOM), R...

  14. Returns management in the supply chain

    Directory of Open Access Journals (Sweden)

    Anna Maria Jeszka

    2014-09-01

    Full Text Available Background:  The aim of this exploratory empirical research was to evaluate the level of cooperation in the area of reverse logistics between selected retail chains and logistics operators and suppliers; to identify and evaluate the influence the procedures of handling returns have on the relationships with customers, cost reduction, value recovery, inventory reduction and increasing profitability; as well as determining to what extent logistics operators are involved in the procedures of handling returns in the analysed chains. Methods: Based on the literature and the experience of researchers from developed countries a questionnaire was constructed which was subsequently used to conduct empirical research in selected retail chains operating in two provinces in Poland. The questionnaire survey involved the sales personnel of selected retail chains in the clothing industry. Overall, 105 questionnaires were collected and analysed. Results: Various aspects of cooperation with suppliers and logistics operators in respect of handling returns were evaluated. Most indicators of cooperation were evaluated favourably, with the exception of joint access to the database, the use of inventory data available online, and access to information from the warehouse, which received low marks from the respondents. In the case of the studied stores, some of the activities in the area of reverse logistics are outsourced; for example, obtaining products from users, logistics, and the transport of returns are typically done by an outside operator. Inspection, sorting, appraisal, repairs, as well as the sales of refurbished products are usually performed within the studied retail corporations. Conclusions: The research has shown that the retail chains developed very good programmes for handling returns in the supply chain, as evidenced by the presented and highly rated indicators of cooperation, with the exception of information exchange where there is still much

  15. Tool Gear: Infrastructure for Parallel Tools

    Energy Technology Data Exchange (ETDEWEB)

    May, J; Gyllenhaal, J

    2003-04-17

    Tool Gear is a software infrastructure for developing performance analysis and other tools. Unlike existing integrated toolkits, which focus on providing a suite of capabilities, Tool Gear is designed to help tool developers create new tools quickly. It combines dynamic instrumentation capabilities with an efficient database and a sophisticated and extensible graphical user interface. This paper describes the design of Tool Gear and presents examples of tools that have been built with it.

  16. Bond return predictability in expansions and recessions

    DEFF Research Database (Denmark)

    Engsted, Tom; Møller, Stig Vinther; Jensen, Magnus David Sander

    We document that over the period 1953-2011 US bond returns are predictable in expansionary periods but unpredictable during recessions. This result holds in both in-sample and out-of-sample analyses and using both univariate regressions and combination forecasting techniques. A simulation study...... shows that our tests have power to reject unpredictability in both expansions and recessions. To judge the economic significance of the results we compute utility gains for a meanvariance investor who takes the predictability patterns into account and show that utility gains are positive in expansions...... but negative in recessions. The results are also consistent with tests showing that the expectations hypothesis of the term structure holds in recessions but not in expansions. However, the results for bonds are in sharp contrast to results for stocks showing that stock returns are predictable in recessions...

  17. Idleness, returns to education and child labor

    Directory of Open Access Journals (Sweden)

    José Raimundo Carvalho

    2012-12-01

    Full Text Available Although recent trends about child labor are positive, see ILO (2006, there still are important shortcomings which require further investigation. Among them, the exclusion of the category "idle children" (those who neither work nor study from past studies, as well as the lack of reliable information on returns to education are two significant omissions. By using a data base that contains details on idle children and a proxy for the returns to education, we find evidence that confirms traditional findings both with regard to the strong positive effect of parental background and to the positive relationship between the number of children in the household and child labor. On the other hand, our estimates point out new insights, such as the great regional variation of estimates and the fact that the Body Mass Index effect is positive. Finally, we suggest a new perspective on the issue of "street children" through the analysis of the category of "idle children".

  18. Heterogeneity of Human Capital and the Return

    DEFF Research Database (Denmark)

    Madsen, Erik Strøjer

    2015-01-01

    Human capital is an important growth factor for developing and developed countries and measuring the return to education is essential in evaluating the growth impact from human capital. Most studies use the length of education measured by the years of schooling as an indicator of human capital....... However, the quality of education varies a lot across universities and business schools as well as across student within an education institution. The high variations in grades among students reflect the heterogeneity in human capital among students and this study verify how this heterogeneity...... is reflected in the post performance of students in the labor market. To estimate the post graduate performance the study uses a sample of 1000 business student with their labor market status after 1 and 5 years. Besides the return to the mark level the study also evaluate the importance of the alignment...

  19. STARDUST: finessing expensive cometary sample returns.

    Science.gov (United States)

    Brownlee, D E; Tsou, P; Atkins, K L; Yen, C W; Vellinga, J M; Price, S; Clark, B C

    1996-01-01

    The STARDUST Discovery mission will collect samples of cometary coma and interstellar dust and return them to Earth. Five years after launch in February 1999, coma dust in the 1- to 100-micrometers size range will be captured by impact into ultra-low-density silica aerogel during a 6 kms-1 flyby of Comet Wild 2. The returned samples will be investigated at laboratories where the most critical information on these primitive materials is retained. The Jet Propulsion Laboratory will provide project management with Lockheed Martin Astronauts as the spacecraft industrial partner. STARDUST management will aggressively and innovatively achieve cost control through the use of Total Quality Management principles, the chief of which will be organization in a Project Engineering and Integration Team that "flattens" the traditional hierarchical structure by including all project elements from the beginning, in a concurrent engineering framework focusing on evolving Integrated Mission Capability.

  20. Homogenity of Die Casting and Returning Material

    Directory of Open Access Journals (Sweden)

    J. Malik

    2012-04-01

    Full Text Available Homogeneity of die castings is influenced by wide range of technological parameters as piston velocity in filling chamber of die casting machine, filling time of mould cavity, temperature of cast alloy, temperature of the mould, temperature of filling chamber, surface pressure on alloy during mould filling, final pressure and others. Based on stated parameters it is clear, that main parameters of die casting are filling time of die mould cavity and velocity of the melt in the ingates. Filling time must ensure the complete filling of the mould cavity before solidification process can negatively influence it. Among technological parameters also belong the returning material, which ratio in charge must be constrained according to requirement on final homogeneity of die castings. With the ratio of returning material influenced are the mechanical properties of castings, inner homogeneity and chemical composition.

  1. Comparing Partial and Full Return Spectral Methods

    Directory of Open Access Journals (Sweden)

    İhsan Haluk Akın

    2012-02-01

    Full Text Available An analysis on the arithmetic complexity of recently proposed spectral modular arithmetic – in particular spectral modular multiplication- is presented through a step-by-step evaluation. Standart use of spectral methods in computer arithmetic instructs to utilize separated multiplication and reduction steps taking place in spectrum and time domains respectively. Such a procedure clearly needs full return (forward and backward DFT calculations. On the other hand, by calculating some partial values on-the-fly, new methods adopt an approach that keeps the data in the spectrum at all times, including the reduction process. After comparing the timing performances of these approaches, it is concluded that full return algorithms perform better than the recently proposed methods.

  2. The Returns to Education in Entrepreneurship

    DEFF Research Database (Denmark)

    Iversen, Jens; Malchow-Møller, Nikolaj; Sørensen, Anders

    2011-01-01

    The returns to education in self-employment are addressed in four different specifications of the relationship between log income and years of schooling. The specifications range from a standard Mincer equation with a constant percentage increase in income for an additional year of schooling...... to the most flexible specification with dummy variables for different combinations of years of schooling and fields of study. Based on the more flexible specifications, important non-linearities and heterogeneity in the returns to education in self-employment are found. These results are robust across...... different estimation methods: OLS, Heckit correction models handling sample selection, and IV dealing with the potential endogeneity of years of schooling. Moreover, the results are robust to the use of different sample years, different definitions of self-employment, and different income measures...

  3. Returners and explorers dichotomy in human mobility.

    Science.gov (United States)

    Pappalardo, Luca; Simini, Filippo; Rinzivillo, Salvatore; Pedreschi, Dino; Giannotti, Fosca; Barabási, Albert-László

    2015-01-01

    The availability of massive digital traces of human whereabouts has offered a series of novel insights on the quantitative patterns characterizing human mobility. In particular, numerous recent studies have lead to an unexpected consensus: the considerable variability in the characteristic travelled distance of individuals coexists with a high degree of predictability of their future locations. Here we shed light on this surprising coexistence by systematically investigating the impact of recurrent mobility on the characteristic distance travelled by individuals. Using both mobile phone and GPS data, we discover the existence of two distinct classes of individuals: returners and explorers. As existing models of human mobility cannot explain the existence of these two classes, we develop more realistic models able to capture the empirical findings. Finally, we show that returners and explorers play a distinct quantifiable role in spreading phenomena and that a correlation exists between their mobility patterns and social interactions. PMID:26349016

  4. Indispensable tool

    International Nuclear Information System (INIS)

    Synchrotron radiation has become an indispensable research tool for a growing number of scientists in a seemingly ever expanding number of disciplines. We can thank the European Synchrotron Research Facility (ESRF) in Grenoble for taking an innovative step toward achieving the educational goal of explaining the nature and benefits of synchrotron radiation to audiences ranging from the general public (including students) to government officials to scientists who may be unfamiliar with x-ray techniques and synchrotron radiation. ESRF is the driving force behind a new CD-ROM playable on both PCs and Macs titled Synchrotron light to explore matter. Published by Springer-Verlag, the CD contains both English and French versions of a comprehensive overview of the subject

  5. Edward Teller Returns to LOS Alamos

    Science.gov (United States)

    Hecker, Siegfried S.

    2010-01-01

    I was asked to share some reflections of Edward Teller's return to Los Alamos during my directorship. I met Teller late in his life. My comments focus on that time and they will be mostly in the form of stories of my interactions and those of my colleagues with Teller. Although the focus of this symposium is on Teller's contributions to science, at Los Alamos it was never possible to separate Teller's science from policy and controversy ...

  6. Determinants of Returns in Rural Tourism

    OpenAIRE

    Murova, Olga I.; Hanagriff, Roger D.

    2011-01-01

    The goal of this study, based on data collected through community surveys and visitors’ surveys, is to determine and analyze factors impacting returns from rural tourism. Our first model shows that age of event, median family income, and hired labor have a significant impact on the revenues collected from tourism events. Furthermore, it shows brochures and flyers to be the most effective form of advertisement. The second multivariate regression model proves that traveling greater distances,...

  7. Inhibition of Return after Color Singletons

    OpenAIRE

    Priess, Heinz-Werner; Born, Sabine; Ansorge, Ulrich

    2012-01-01

    Inhibition of return (IOR) is the faster selection of hitherto unattended than previously attended positions. Some previous studies failed to find evidence for IOR after attention capture by color singletons. Others, however, did report IOR effects after color singletons. The current study examines the role of cue relevance for obtaining IOR effects. By using a potentially more sensitive method – saccadic IOR – we tested and found IOR after relevant color singleton cues that required an atten...

  8. Return migration to Scotland: some direct evidence.

    Science.gov (United States)

    Gordon, I

    1982-04-01

    The author presents a critique of a paper by Bell and Kirwan in which they contend that the probability of return migration will tend to be equal for Scottish migrants to England and Wales and for English or Welsh migrants to Scotland. In the present article, comparable data for the United States and Scotland are evaluated, and comments are presented on the regression equations used. A reply by Bell and Kirwan is also included (pp. 135-6).

  9. The survival and return of institutions

    DEFF Research Database (Denmark)

    Guardiancich, Igor

    2011-01-01

    on gradual but radical transformation, the two authors leave open the interpretation of what constitutes abrupt, but only limited change. This article integrates their framework, defines what they call survival and return, and, within this genus, indicates two analytically distinct species: replication......, where the old logic survives due to the redundancy of the new institutional arrangement; and reaction, where structural reforms generate demand for the old incentive structures, which are ultimately reintroduced. To elucidate the concepts, recent Croatian, Hungarian and Polish pension reforms...

  10. Essays on Financing and Returns on Investment

    OpenAIRE

    Dzansi, James

    2011-01-01

    This dissertation consists of an introductory chapter and three independent essays on financing investment and their returns. The first essay studies the impact of remittances on domestic investment. The analysis is carried out with a focus on the moderating roles of domestic financial development and institutional quality. The empirical results suggest that remittance inflows are associated with increased domestic investment spending, particularly under conditions of inadequate financial int...

  11. Where Are the Returns to Lifelong Learning?

    OpenAIRE

    Coelli, Michael; Tabasso, Domenico

    2015-01-01

    We investigate the labour market determinants and outcomes of adult participation in formal education (lifelong learning) in Australia, a country with high levels of adult education. Employing longitudinal data and fixed effects methods allows identification of effects on outcomes free of ability bias. Different trends in outcomes across groups are also allowed for. The impacts of adult education differ by gender and level of study, with small or zero labour market returns in many cases. Wage...

  12. Aboriginal secondary education: Non completion and returns

    OpenAIRE

    Donders, Lindsay

    2008-01-01

    I use 2001 Canadian Public Use Microdata Files (PUMF) Census data to assess two dimensions of Aboriginal educational attainment: (1) what proportion of Aboriginals fail to complete high school; and (2) what is the return to different levels of education for Aboriginals. I find that Aboriginals, for certain age groups, are two times more likely than non Aboriginals to leave high school before completion. Further, I find that in terms of high school completion within the Aboriginal population, ...

  13. Exchange rates, equity returns and capital flows

    OpenAIRE

    Helene Rey; Harald Hau

    2004-01-01

    We develop an equilibrium model in which exchange rates, stock prices and capital flows are jointly determined under incomplete forex risk trading. Incomplete hedging of forex risk, documented for U.S. global mutual funds, has three important implications: 1) exchange rates are almost as volatile as equity prices when the forex liquidity supply is not infinitely price elastic; 2) higher returns in the home equity market relative to the foreign equity market are associated with a home currency...

  14. Risk and Return in Environmental Economics

    OpenAIRE

    Robert S. Pindyck

    2012-01-01

    I examine the risk/return tradeoff for environmental investments, and its implications for policy choice. Consider a policy to reduce carbon emissions. To what extent does the value of such a policy depend on the expected future damages from global warming versus uncertainty over those damages, i.e., on the expected benefits from the policy versus their riskiness? And to what extent should the policy objective be a reduction in the expected temperature increase versus a reduction in risk? Usi...

  15. Employer Learning And The Returns To Schooling

    OpenAIRE

    Bauer, Thomas K.; John P. Haisken-DeNew

    2000-01-01

    We examine the dynamic role of education and experience as determinants of wages. It is hypothesized that an employee's education is an important signal to the employer initially. Over time, the returns to schooling should decrease with labour market experience and increase with initially unobserved ability, since the employer gradually obtains better information on the productivity of an employee. Replicating US studies using data from a large German panel data set (GSOEP), we find no eviden...

  16. Environmental water incentive policy and return flows

    Science.gov (United States)

    Qureshi, M. E.; Schwabe, K.; Connor, J.; Kirby, M.

    2010-04-01

    With increasing urban, industrial, and agricultural water demand and projected reduced supply under climate change, allocations to the environment are critically low in many arid and semiarid basins. Consequently, many governments are striving to augment environmental flows, often through market-oriented mechanisms that involve compensating irrigated agriculture, the largest water user in most basins, for reducing diversions. A widely documented challenge with policies to recover water for the environment arises because part of the water diversion reduction can form the basis for downstream consumptive water rights or environmental flows. This article gives an empirical comparison of two incentive policies to acquire water for environmental flows for a part of the Murray-Darling Basin (MDB), Australia. One policy consists of paying irrigators and water delivery firms to make capital and management investments that improve on-farm irrigation and water-conveyance; the other policy consists of having the government buy water from irrigators on the active MDB water market. The results show that the first option results in relatively larger return flow reduction, while the second option tends to induce significant irrigated land retirement with relatively large reductions in consumptive use and small reductions in return flow. In cases where irrigation losses result in little useful return flow (e.g., evaporative loss reduction or during drought in some instances), efficiency-improving investments may provide some cost-effective opportunities. Where a large portion of loss forms valuable return flow, it is difficult to make a case for the cost-effectiveness of policies involving payments for investments in irrigation and conveyance system upgrades.

  17. Macroeconomic Forces and Stock Returns in Vietnam

    OpenAIRE

    Phan, Van Hang

    2008-01-01

    Capital market development, especially the appearance of Vietnamese equity market recently has a strategic importance in the economic growth and structural reform process of Vietnam (Chun et al, 2003). This dissertation focuses on the impacts of macroeconomic forces on stock market returns in Vietnamese stock market which has not been investigated in detail before, and thereby to contribute further literature on this new emerging stock market. Specifically, the research will intensively inves...

  18. ANALYSIS MODEL FOR RETURN ON CAPITAL EMPLOYED

    OpenAIRE

    BURJA CAMELIA

    2013-01-01

    At the microeconomic level, the appreciation of the capitals’ profitability is a very complex action which is of interest for stakeholders. This study has as main purpose to extend the traditional analysis model for the capitals’ profitability, based on the ratio “Return on capital employed”. In line with it the objectives of this work aim the identification of factors that exert an influence on the capital’s profitability utilized by a company and the measurement of their contribution in the...

  19. Costs and Returns: Economic and Accounting Concepts

    OpenAIRE

    Harrington, David H.

    1983-01-01

    This article reviews economic and accounting bases for costs-of-production (COP) calculations It finds that the problems of circularity of arguments, potential cost· price spirals, and escalating land values are Inherent m all full COP methods of setting support prices Inflation, Income tax regulations, and credit usage Interact to distort the traditional relationships between cash costs and cash returns, thus requiring explicit correction m COP calculations

  20. Oil Price Shocks and Volatility in Australian Stock Returns

    OpenAIRE

    Ratti, Ronald A.; Hasan, M. Zahid

    2013-01-01

    This paper examines the effect of oil shocks on return and volatility in the sectors of ‎Australian stock market and finds significant effects for most sectors. For the overall market ‎index, an increase in oil price return significantly reduces return, and an increase in oil price ‎return volatility significantly reduces volatility. An advantage of looking at sector returns ‎rather than a general index of stock returns is that sectors may well differ markedly in how ‎they respond to oil pric...

  1. Allan deviation analysis of financial return series

    Science.gov (United States)

    Hernández-Pérez, R.

    2012-05-01

    We perform a scaling analysis for the return series of different financial assets applying the Allan deviation (ADEV), which is used in the time and frequency metrology to characterize quantitatively the stability of frequency standards since it has demonstrated to be a robust quantity to analyze fluctuations of non-stationary time series for different observation intervals. The data used are opening price daily series for assets from different markets during a time span of around ten years. We found that the ADEV results for the return series at short scales resemble those expected for an uncorrelated series, consistent with the efficient market hypothesis. On the other hand, the ADEV results for absolute return series for short scales (first one or two decades) decrease following approximately a scaling relation up to a point that is different for almost each asset, after which the ADEV deviates from scaling, which suggests that the presence of clustering, long-range dependence and non-stationarity signatures in the series drive the results for large observation intervals.

  2. Returns to education in rural China

    Institute of Scientific and Technical Information of China (English)

    ZHAO Litao

    2007-01-01

    Based on one of the most widely used datasets by foreign-based sociologists,this paper examines the rate of returns to education in rural China.Compared with the previous studies that showed rather low rates in rural areas throughout the 1980s,this study finds a considerably higher rate in 1996.A chief contributor is the rapid non-agricultural development,which creates enormous upward mobility opportunities,particularly for the more educated.Due to the uneven economic development nationwide,the rate of returns to education varies widely across regions.In areas with less developed non-agricultural sectors,it remains low.In contrast,where off-farm employment is widespread,it is much higher.In addition,the labor market is functioning to allocate the more educated to better-paid jobs,but has yet to produce higher returns to education in nonagricultural sectors than in the agricultural sector.However,changes may be occurring in coastal regions.

  3. EVALUATING THE PERFORMANCE OF LIBYAN BANKS USING RETURN ON INVESTMENT

    Directory of Open Access Journals (Sweden)

    Khalad M.S. Alrafadi

    2013-01-01

    Full Text Available Return on Investment (ROI is a financial ratio which commonly used to evaluate the overall performance of a company. Despite of the importance of ROI unfortunately not many Libyan banks use it to evaluate their performance. Most of Libyan banks use the result of income statements to evaluate their performance instead of other tools that use to evaluate performance of banks. This study will be focusing on the ROI. The objective of this research is to evaluate the performance of Libyan banks using ROI as a financial tool. The Libyan banks which involved in this research are: Alwahda bank, National Commercial bank, Commercial and Development bank, Mediterranean bank and Alejmaa Alarabi bank. In this research financial statements of the Libyan banks for period from 2005-2009 will be used to calculate the ROI. In general, the results of the ROI of the banks used in this research showed increase and then begin to decrease and then increase again. The results clearly indicate that the performance of Libyan banks is not stable depending on components of ROI.

  4. Forecasting the variance and return of Mexican financial series with symmetric GARCH models

    Directory of Open Access Journals (Sweden)

    Fátima Irina VILLALBA PADILLA

    2013-03-01

    Full Text Available The present research shows the application of the generalized autoregresive conditional heteroskedasticity models (GARCH in order to forecast the variance and return of the IPC, the EMBI, the weighted-average government funding rate, the fix exchange rate and the Mexican oil reference, as important tools for investment decisions. Forecasts in-sample and out-of-sample are performed. The covered period involves from 2005 to 2011.

  5. Take Me "Home": Return Migration among Germany's Older Immigrants.

    Science.gov (United States)

    Yahirun, Jenjira J

    2014-08-01

    This paper examines the determinants of return migration as foreign-born men approach old age in Germany. Return migration in later life engages a different set of conditions than return migration earlier on, including the framing of return as a possible retirement strategy. Using 23 years of longitudinal data from the German Socioeconomic Panel, this paper investigates how social and economic resources of immigrant men influence decisions to return "home." Results suggest that immigrants from former guest worker recruitment countries within the European Union are more likely to return than non-E.U. immigrants. In addition, return migrants are "negatively selected" such that those with the least education and weakest attachments to the labor force are more likely to emigrate. However, findings vary greatly depending on the immigrant's age and country of origin. Results from this paper highlight the heterogeneity of older immigrants and the factors that motivate their return "home."

  6. Long Memory in Stock Returns: A Study of Emerging Markets

    Directory of Open Access Journals (Sweden)

    Sharad Nath Bhattacharya

    2012-07-01

    Full Text Available The present study aimed at investigating the existence of long memory properties in ten emerging stock markets across the globe. When return series exhibit long memory, it indicates that observed returns are not independent over time. If returns are not independent, past returns can help predict future returns, thereby violating the market efficiency hypothesis. It poses a serious challenge to the supporters of random walk behavior of the stock returns. Hurst-Mandelbrot's Classical R/S statistic, Lo’s statistic and semi parametric GPH statistic were computed as well as modified GPH statistic of Robinson (1995. The findings suggest existence of long memory in volatility as well as in absolute returns and random walk for asset return series in general for all the selected stock market indices. The study did not support existence of Taylor’s effect in the selected emerging markets.

  7. 78 FR 49296 - Centennial Challenges 2014 Sample Return Robot Challenge

    Science.gov (United States)

    2013-08-13

    ... SPACE ADMINISTRATION Centennial Challenges 2014 Sample Return Robot Challenge AGENCY: National Aeronautics and Space Administration (NASA). ACTION: Notice of Centennial Challenges 2014 Sample Return Robot... Robot Challenge is scheduled and teams that wish to compete may register. Centennial Challenges is...

  8. Financial Development and Stock Returns: A Cross-Country Analysis

    OpenAIRE

    Dellas, Harris; Hess, Martin

    2002-01-01

    We examine stock returns in a cross section of emerging and mature markets (47countries) between 1980-99. The level of financial development turns out to be an important determinant of the performance of stock returns. In general, a deeper and higher quality banking system decreases the volatility of stock returns. It also contributes to a greater synchronization in the movements of domestic and world returns and the same obtains when the stock market is liquid.

  9. How Divergent Were Returns to Education Investments in China?

    OpenAIRE

    Voon, Jan P.; Jan Cham Voon

    2011-01-01

    This paper uses the wage increment approach to measure the social and private returns to educational investments in China at various educational levels and how they change over time. The social returns to the investments in higher education were found to be increasing over time whilst the returns to the secondary level were declining over time. This indicates that China should raise its annual investment in higher education vis-à-vis secondary schools. We also found that the private returns t...

  10. Cohort Effects and Returns to Seniority in France

    OpenAIRE

    Margolis, David N.

    1995-01-01

    We examine empirically returns to seniority in France and estimate cohort effects in both firm specific compensation policies and returns to job seniority. We demonstrate the biases in several estimators of returns to seniority and show that allowing firm specific compensation policies and returns to seniority to vary by entry cohort uncovers patterns of variance within firm and within cohort in estimated intercepts and slopes that can be explained by no single theory.

  11. Global Variance Risk Premium and Forex Return Predictability

    OpenAIRE

    Aloosh, Arash

    2014-01-01

    In a long-run risk model with stochastic volatility and frictionless markets, I express expected forex returns as a function of consumption growth variances and stock variance risk premiums (VRPs)—the difference between the risk-neutral and statistical expectations of market return variation. This provides a motivation for using the forward-looking information available in stock market volatility indices to predict forex returns. Empirically, I find that stock VRPs predict forex returns at a ...

  12. Return dispersion, stock market liquidity and aggregate economic activity

    OpenAIRE

    Stavros Degiannakis; Andreas Andrikopoulos; Timotheos Angelidis; Christos Floros

    2013-01-01

    This paper examines the effect of return dispersion on the dynamics of stock market liquidity, risk and return. Moreover, the importance of return dispersion in forecasting aggregate economic activity is rediscovered in the context of a regime switching model that accounts for stock market fluctuations and their association with the state of the economy. We find that there is a bidirectional, Granger-causal association between illiquidity and return dispersion in the U.S. stock market. The em...

  13. 27 CFR 25.211 - Beer returned to brewery.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Beer returned to brewery..., DEPARTMENT OF THE TREASURY LIQUORS BEER Beer Returned to Brewery § 25.211 Beer returned to brewery. (a) General. Beer, produced in the United States, on which the brewer has paid or determined the tax may...

  14. 49 CFR 1152.34 - Return on investment.

    Science.gov (United States)

    2010-10-01

    ... the subsidizer under 49 CFR 1152.32(m)(2), the investment base shall exclude the increment to the net... 49 Transportation 8 2010-10-01 2010-10-01 false Return on investment. 1152.34 Section 1152.34... Return on investment. Return on investment for road property shall be computed according to...

  15. Return Migration among Elderly, Chronically Ill Bosnian Refugees

    DEFF Research Database (Denmark)

    Handlos, Line Neerup; Olwig, Karen Fog; Bygbjerg, Ib Christian;

    2015-01-01

    Elderly migrants constitute a considerable share of global return migration; nevertheless, literature on the health aspects of the return migration among these migrants is still scarce. This study explores the significance of return migration among elderly, chronically ill Bosnian refugees from...

  16. 22 CFR 42.22 - Returning resident aliens.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Returning resident aliens. 42.22 Section 42.22... Returning resident aliens. (a) Requirements for returning resident status. An alien shall be classifiable as... presented that: (1) The alien had the status of an alien lawfully admitted for permanent residence at...

  17. 25 CFR 286.21 - Return of unused funds.

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 1 2010-04-01 2010-04-01 false Return of unused funds. 286.21 Section 286.21 Indians BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR ECONOMIC ENTERPRISES INDIAN BUSINESS DEVELOPMENT PROGRAM § 286.21 Return of unused funds. Grantees will be required to return unused grant funds to...

  18. 26 CFR 31.7701-1 - Tax return preparer.

    Science.gov (United States)

    2010-04-01

    ... Revenue Code of 1954) § 31.7701-1 Tax return preparer. (a) In general. For the definition of a tax return... 26 Internal Revenue 15 2010-04-01 2010-04-01 false Tax return preparer. 31.7701-1 Section 31.7701-1 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) EMPLOYMENT...

  19. DETERMINANTS OF RETURN ON EQUITY OF COOPERATIVE BANKS IN POLAND

    Directory of Open Access Journals (Sweden)

    Anna Bieniasz

    2016-03-01

    Full Text Available The aim of the study was to analyse the diversity of return on equity in the cooperative banks in Poland in 2010– 2014. The analysis was conducted using data of the Polish Financial Supervision Authority, on the basis of a modifi ed decomposition rate of return on equity. Assessment of the rate of return on equity was made in a size of banks, as determined by the value of assets. In addition, in order to determine the strength and direction of impact the individual components of the model on the formation of return on equity method was applied functional. The study suggests that cooperative banks eff ectively use the equity, because the rate of return on equity was signifi cantly higher than the rate of return on assets. The average return on assets in 2010–2014 was relatively lower in the largest banks and ranged from 0.7–0.9%, and the smallest banks return on assets was approximately 1%. In turn, the return on equity was higher at banks with major assets (over 200 million PLN. In 2013–2014 the rate of return both on assets and equity expressly declined. The main determinants of changes in return on equity were changing the multiplier reduction of profi t from banking activities by operating costs and costs of banking risk and return on assets, as well as measured result on banking activities.

  20. 76 FR 56819 - Centennial Challenges 2012 Sample Return Robot Challenge

    Science.gov (United States)

    2011-09-14

    ... SPACE ADMINISTRATION Centennial Challenges 2012 Sample Return Robot Challenge AGENCY: National... 42 U.S.C. 2451(314)(d). The 2012 Sample Return Robot Challenge is scheduled and teams that wish to... technologies of interest and value to NASA and the nation. The 2012 Sample Return Robot Challenge is a...

  1. Consumption Risk and the Cross Section of Expected Returns.

    Science.gov (United States)

    Parker, Jonathan A.; Julliard, Christian

    2005-01-01

    This paper evaluates the central insight of the consumption capital asset pricing model that an asset's expected return is determined by its equilibrium risk to consumption. Rather than measure risk by the contemporaneous covariance of an asset's return and consumption growth, we measure risk by the covariance of an asset's return and consumption…

  2. 75 FR 14539 - Furnishing Identifying Number of Tax Return Preparer

    Science.gov (United States)

    2010-03-26

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BI28 Furnishing Identifying Number of Tax Return Preparer... guidance to tax return preparers on furnishing an identifying number on tax returns and claims for refund of tax that they prepare. These proposed regulations provide guidance on the identifying number of...

  3. 26 CFR 48.6416(f)-1 - Credit on returns.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 16 2010-04-01 2010-04-01 true Credit on returns. 48.6416(f)-1 Section 48.6416... Special Application to Retailers and Manufacturers Taxes § 48.6416(f)-1 Credit on returns. Any person..., in lieu of claiming refund of the overpayment, claim credit for the overpayment on any return of...

  4. An algorithm for the orthogonal decomposition of financial return data

    OpenAIRE

    Vic Norton

    2012-01-01

    We present an algorithm for the decomposition of periodic financial return data into orthogonal factors of expected return and "systemic", "productive", and "nonproductive" risk. Generally, when the number of funds does not exceed the number of periods, the expected return of a portfolio is an affine function of its productive risk.

  5. Return to Play Following Anterior Cruciate Ligament Reconstruction.

    Science.gov (United States)

    Morris, Ryan C; Hulstyn, Michael J; Fleming, Braden C; Owens, Brett D; Fadale, Paul D

    2016-10-01

    Anterior cruciate ligament reconstructions are commonly performed in an attempt to return an athlete to sports activities. Accelerated rehabilitation has made recovery for surgery more predictable and shortened the timeline for return to play. Despite success with and advancements in anterior cruciate ligament reconstructions, some athletes still fail to return to play. PMID:27543405

  6. Why we need asteroid sample return mission?

    Science.gov (United States)

    Barucci, Maria Antonietta

    2016-07-01

    Small bodies retain evidence of the primordial solar nebula and the earliest solar system processes that shaped their evolution. They may also contain pre-solar material as well as complex organic molecules, which could have a major role to the development of life on Earth. For these reasons, asteroids and comets have been targets of interest for missions for over three decades. However, our knowledge of these bodies is still very limited, and each asteroid or comet visited by space mission has revealed unexpected scientific results, e.g. the structure and nature of comet 67P/Churyumov-Gerasimenko (67P/C-G) visited by the Rosetta mission. Only in the laboratory can instruments with the necessary precision and sensitivity be applied to individual components of the complex mixture of materials that forms a small body regolith, to determine their precise chemical and isotopic composition. Such measurements are vital for revealing the evidence of stellar, interstellar medium, pre-solar nebula and parent body processes that are retained in primitive material, unaltered by atmospheric entry or terrestrial contamination. For those reasons, sample return missions are considered a high priority by a number of the leading space agencies. Abundant within the inner Solar System and the main impactors on terrestrial planets, small bodies may have been the principal contributors of the water and organic material essential to create life on Earth. Small bodies can therefore be considered to be equivalent to DNA for unravelling our solar system's history, offering us a unique window to investigate both the formation of planets and the origin of life. A sample return mission to a primitive Near-Earth Asteroid (NEA) has been study at ESA from 2008 in the framework of ESA's Cosmic Vision (CV) programme, with the objective to answer to the fundamental CV questions "How does the Solar System work?" and "What are the conditions for life and planetary formations?". The returned material

  7. Recommended Maximum Temperature For Mars Returned Samples

    Science.gov (United States)

    Beaty, D. W.; McSween, H. Y.; Czaja, A. D.; Goreva, Y. S.; Hausrath, E.; Herd, C. D. K.; Humayun, M.; McCubbin, F. M.; McLennan, S. M.; Hays, L. E.

    2016-01-01

    The Returned Sample Science Board (RSSB) was established in 2015 by NASA to provide expertise from the planetary sample community to the Mars 2020 Project. The RSSB's first task was to address the effect of heating during acquisition and storage of samples on scientific investigations that could be expected to be conducted if the samples are returned to Earth. Sample heating may cause changes that could ad-versely affect scientific investigations. Previous studies of temperature requirements for returned mar-tian samples fall within a wide range (-73 to 50 degrees Centigrade) and, for mission concepts that have a life detection component, the recommended threshold was less than or equal to -20 degrees Centigrade. The RSSB was asked by the Mars 2020 project to determine whether or not a temperature requirement was needed within the range of 30 to 70 degrees Centigrade. There are eight expected temperature regimes to which the samples could be exposed, from the moment that they are drilled until they are placed into a temperature-controlled environment on Earth. Two of those - heating during sample acquisition (drilling) and heating while cached on the Martian surface - potentially subject samples to the highest temperatures. The RSSB focused on the upper temperature limit that Mars samples should be allowed to reach. We considered 11 scientific investigations where thermal excursions may have an adverse effect on the science outcome. Those are: (T-1) organic geochemistry, (T-2) stable isotope geochemistry, (T-3) prevention of mineral hydration/dehydration and phase transformation, (T-4) retention of water, (T-5) characterization of amorphous materials, (T-6) putative Martian organisms, (T-7) oxidation/reduction reactions, (T-8) (sup 4) He thermochronometry, (T-9) radiometric dating using fission, cosmic-ray or solar-flare tracks, (T-10) analyses of trapped gasses, and (T-11) magnetic studies.

  8. Developing and Implementing a Social Media Program While Optimizing Return on Investment--An MBA Program Case Study

    Science.gov (United States)

    Gilfoil, David M.; Aukers, Steven M.; Jobs, Charles G.

    2015-01-01

    Over the past decade, Web 2.0 has brought a wealth of opportunities for improving marketing effectiveness; social media platforms, in particular, have proven to be exceptional tools for realizing growth potential. The big question for businesses used to be how to measure and report financial return on investment (ROI) for social media ad spend to…

  9. "A Critical Rewriting / Rerading: Rabia's Return "

    OpenAIRE

    ÖZÇELEBİ, Betül

    2009-01-01

    Adalet Ağaoğlu used Sinekli Bakkal, which is one of the most examined and most read Turkish novels, as a source text in her short story; Rabia's Return. While supporting her novel with the characters of Halide Edip Adıvar's, the author does not use the same theme and criticizes the author's handling of Rabia and the people around Rabia, and her modeling of them in the east-west problematic using the expression styles of quotation, redolence and parody. In the story, identity plot, east-west s...

  10. Life Insurance Actuarial Model with Returnable Premium

    Institute of Scientific and Technical Information of China (English)

    YanhuaiLang

    2004-01-01

    Insurance is the important aspect of finance. It has been fully developed in the western developed countries. With the fast development of market economy in our country,it is necessary to introduce the alien modern theories and techniques, and at the same time,adapt them to our concrete situation. The model of general life insurance product is to be established in this paper, including deferred life annuities, increasing whole life insurance and returnable premiums. Then through the regulation of various parameters, we can obtain various insurance products.

  11. Modeling conditional correlations of asset returns

    DEFF Research Database (Denmark)

    Silvennoinen, Annastiina; Teräsvirta, Timo

    2015-01-01

    In this paper we propose a new multivariate GARCH model with time-varying conditional correlation structure. The time-varying conditional correlations change smoothly between two extreme states of constant correlations according to a predetermined or exogenous transition variable. An LM......-test is derived to test the constancy of correlations and LM- and Wald tests to test the hypothesis of partially constant correlations. Analytical expressions for the test statistics and the required derivatives are provided to make computations feasible. An empirical example based on daily return series of five...

  12. What determines the embeddedness of forced return migrants? Rethinking the role of pre- and post-return assistance

    NARCIS (Netherlands)

    Ruben, R.; Houte, M. van; Davids, T.

    2009-01-01

    Return migration is not always a process of simply "going home." Particularly when return is not fully voluntarily, returnees face severe obstacles. This study argues that such return can only become sustainable when returnees are provided with possibilities to become re-embedded in terms of economi

  13. 78 FR 53704 - Employee Retirement Benefit Plan Returns Required on Magnetic Media

    Science.gov (United States)

    2013-08-30

    ... and Forms 1099), income tax returns, employment tax returns, and excise tax returns. (ii) Definition...), income tax returns, employment tax returns, and excise tax returns. (ii) Definition of filer. For... excise tax returns. (ii) Definition of filer. For purposes of this section, the term filer means the...

  14. Efficient Return Algorithms For Associated Plasticity With Multiple Yield Planes

    DEFF Research Database (Denmark)

    Clausen, Johan Christian; Damkilde, Lars; Andersen, Lars

    2006-01-01

    of such criteria. The return formulae are in closed form and no iteration is required. The method accounts for three types of stress return: Return to a single yield plane, to a discontinuity line at the intersection of two yield planes and to a discontinuity point at the intersection between three or more yield...... planes. The infinitesimal and the consistent elastoplastic constitutive matrix are calculated for each type of stress return, as are the conditions to ascertain which type of return is required. The method is exemplified with the Mohr-Coulomb yield criterion....

  15. Replicating hedge fund returns: A factor model approach

    OpenAIRE

    Naser, Omar

    2007-01-01

    Growth in the Hedge Fund industry mirrors the growth in the Mutual Fund industry. This raises the possibility of creating a passive strategy that replicates Hedge Fund returns at lower cost using liquid, exchange-traded instruments. Using monthly returns for the period 1991-2005 on thirteen Hedge Fund strategies, I build a linear factor models (“clones”) that replicate Hedge Fund returns. I use six common factors to determine the amount of expected return and variation in returns that can be ...

  16. Downhole tool with replaceable tool sleeve sections

    Energy Technology Data Exchange (ETDEWEB)

    Case, W. A.

    1985-10-29

    A downhole tool for insertion in a drill stem includes elongated cylindrical half sleeve tool sections adapted to be non-rotatably supported on an elongated cylindrical body. The tool sections are mountable on and removable from the body without disconnecting either end of the tool from a drill stem. The half sleeve tool sections are provided with tapered axially extending flanges on their opposite ends which fit in corresponding tapered recesses formed on the tool body and the tool sections are retained on the body by a locknut threadedly engaged with the body and engageable with an axially movable retaining collar. The tool sections may be drivably engaged with axial keys formed on the body or the tool sections may be formed with flat surfaces on the sleeve inner sides cooperable with complementary flat surfaces formed on a reduced diameter portion of the body around which the tool sections are mounted.

  17. Fractal asset returns, arbitrage and option pricing

    Energy Technology Data Exchange (ETDEWEB)

    Potgieter, Petrus H. [Department of Decision Sciences, School of Economic Sciences, University of South Africa, P.O. Box 392, Pretoria 0003 (South Africa)], E-mail: php@member.ams.org

    2009-11-15

    In the discrete-time fractional random walk model a market with one risky asset affords an arbitrage opportunity as described by Cutland et al. [Cutland NJ, Kopp PE, Willinger W. Stock price returns and the Joseph effect: a fractional version of the Black-Scholes model. In: Russo Francesco, Bolthausen Erwin, Dozzi Marco, editors. Seminar on 6 stochastic analysis, random fields and applications, pp. 327-351. Seminar on stochastic analysis, random fields and applications. Ascona: Centro Stefano Franscini; 1993, Progress in probability 36. Birkhauser Verlag; 1995.] and Sottinen [Sottinen Tommi. Fractional Brownian motion, random walks and binary market models. Finance Stoch 2001;5(3):343-355]. We briefly discuss these results and compute a numerical example in a fractional binomial model as illustration and mention an option pricing model for assets the returns of which are driven by a fractional Brownian motion [Yaozhong Hu, Bernt Oksendal. Fractional white noise calculus and applications to finance. Infin Dimens Anal Quant Probability Rel Top 2003;6:1-32, ISSN 0219-0257; Fajardo J, Cajueiro DO. Volatility estimation and option pricing with fractional Brownian motion, October 2003. Available from: (http://ideas.repec.org/p/ibm/finlab/flwp53.html)].

  18. Fractal asset returns, arbitrage and option pricing

    International Nuclear Information System (INIS)

    In the discrete-time fractional random walk model a market with one risky asset affords an arbitrage opportunity as described by Cutland et al. [Cutland NJ, Kopp PE, Willinger W. Stock price returns and the Joseph effect: a fractional version of the Black-Scholes model. In: Russo Francesco, Bolthausen Erwin, Dozzi Marco, editors. Seminar on 6 stochastic analysis, random fields and applications, pp. 327-351. Seminar on stochastic analysis, random fields and applications. Ascona: Centro Stefano Franscini; 1993, Progress in probability 36. Birkhauser Verlag; 1995.] and Sottinen [Sottinen Tommi. Fractional Brownian motion, random walks and binary market models. Finance Stoch 2001;5(3):343-355]. We briefly discuss these results and compute a numerical example in a fractional binomial model as illustration and mention an option pricing model for assets the returns of which are driven by a fractional Brownian motion [Yaozhong Hu, Bernt Oksendal. Fractional white noise calculus and applications to finance. Infin Dimens Anal Quant Probability Rel Top 2003;6:1-32, ISSN 0219-0257; Fajardo J, Cajueiro DO. Volatility estimation and option pricing with fractional Brownian motion, October 2003. Available from: (http://ideas.repec.org/p/ibm/finlab/flwp53.html)].

  19. Immediate extinction promotes the return of fear.

    Science.gov (United States)

    Merz, Christian J; Hamacher-Dang, Tanja C; Wolf, Oliver T

    2016-05-01

    Accumulating evidence indicates that immediate extinction is less effective than delayed extinction in attenuating the return of fear. This line of fear conditioning research impacts the proposed onset of psychological interventions after threatening situations. In the present study, forty healthy men were investigated in a differential fear conditioning paradigm with fear acquisition in context A, extinction in context B, followed by retrieval testing in both contexts 24h later to test fear renewal. Differently coloured lights served as conditioned stimuli (CS): two CS (CS+) were paired with an electrical stimulation that served as unconditioned stimulus, the third CS was never paired (CS-). Extinction took place immediately after fear acquisition or 24h later. One CS+ was extinguished whereas the second CS+ remained unextinguished to control for different time intervals between fear acquisition and retrieval testing. Immediate extinction led to larger skin conductance responses during fear retrieval to both the extinguished and unextinguished CS relative to the CS-, indicating a stronger return of fear compared to delayed extinction. Taken together, immediate extinction is less potent than delayed extinction and is associated with a stronger renewal effect. Thus, the time-point of psychological interventions relative to the offset of threatening situations needs to be carefully considered to prevent relapses. PMID:26995309

  20. Return to sport after muscle injury.

    Science.gov (United States)

    Wong, Stephanie; Ning, Anne; Lee, Carlin; Feeley, Brian T

    2015-06-01

    Skeletal muscle injuries are among the most common sports-related injuries that result in time lost from practice and competition. The cellular response to muscle injury can often result in changes made to the muscle fibers as well as the surrounding extracellular matrix during repair. This can negatively affect the force and range of the injured muscle even after the patient's return to play. Diagnosis of skeletal muscle injury involves both history and physical examinations; imaging modalities including ultrasound and magnetic resonance imaging (MRI) can also be used to assess the extent of injury. Current research is investigating potential methods, including clinical factors and MRI, by which to predict a patient's return to sports. Overall, function of acutely injured muscles seems to improve with time. Current treatment methods for skeletal muscle injuries include injections of steroids, anesthetics, and platelet-rich plasma (PRP). Other proposed methods involve inhibitors of key players in fibrotic pathways, such as transforming growth factor (TGF)-ß and angiotensin II, as well as muscle-derived stem cells.

  1. A Mars Sample Return Sample Handling System

    Science.gov (United States)

    Wilson, David; Stroker, Carol

    2013-01-01

    We present a sample handling system, a subsystem of the proposed Dragon landed Mars Sample Return (MSR) mission [1], that can return to Earth orbit a significant mass of frozen Mars samples potentially consisting of: rock cores, subsurface drilled rock and ice cuttings, pebble sized rocks, and soil scoops. The sample collection, storage, retrieval and packaging assumptions and concepts in this study are applicable for the NASA's MPPG MSR mission architecture options [2]. Our study assumes a predecessor rover mission collects samples for return to Earth to address questions on: past life, climate change, water history, age dating, understanding Mars interior evolution [3], and, human safety and in-situ resource utilization. Hence the rover will have "integrated priorities for rock sampling" [3] that cover collection of subaqueous or hydrothermal sediments, low-temperature fluidaltered rocks, unaltered igneous rocks, regolith and atmosphere samples. Samples could include: drilled rock cores, alluvial and fluvial deposits, subsurface ice and soils, clays, sulfates, salts including perchlorates, aeolian deposits, and concretions. Thus samples will have a broad range of bulk densities, and require for Earth based analysis where practical: in-situ characterization, management of degradation such as perchlorate deliquescence and volatile release, and contamination management. We propose to adopt a sample container with a set of cups each with a sample from a specific location. We considered two sample cups sizes: (1) a small cup sized for samples matching those submitted to in-situ characterization instruments, and, (2) a larger cup for 100 mm rock cores [4] and pebble sized rocks, thus providing diverse samples and optimizing the MSR sample mass payload fraction for a given payload volume. We minimize sample degradation by keeping them frozen in the MSR payload sample canister using Peltier chip cooling. The cups are sealed by interference fitted heat activated memory

  2. A wavelet based investigation of long memory in stock returns

    Science.gov (United States)

    Tan, Pei P.; Galagedera, Don U. A.; Maharaj, Elizabeth A.

    2012-04-01

    Using a wavelet-based maximum likelihood fractional integration estimator, we test long memory (return predictability) in the returns at the market, industry and firm level. In an analysis of emerging market daily returns over the full sample period, we find that long-memory is not present and in approximately twenty percent of 175 stocks there is evidence of long memory. The absence of long memory in the market returns may be a consequence of contemporaneous aggregation of stock returns. However, when the analysis is carried out with rolling windows evidence of long memory is observed in certain time frames. These results are largely consistent with that of detrended fluctuation analysis. A test of firm-level information in explaining stock return predictability using a logistic regression model reveal that returns of large firms are more likely to possess long memory feature than in the returns of small firms. There is no evidence to suggest that turnover, earnings per share, book-to-market ratio, systematic risk and abnormal return with respect to the market model is associated with return predictability. However, degree of long-range dependence appears to be associated positively with earnings per share, systematic risk and abnormal return and negatively with book-to-market ratio.

  3. Volatility return intervals analysis of the Japanese market

    Science.gov (United States)

    Jung, W.-S.; Wang, F. Z.; Havlin, S.; Kaizoji, T.; Moon, H.-T.; Stanley, H. E.

    2008-03-01

    We investigate scaling and memory effects in return intervals between price volatilities above a certain threshold q for the Japanese stock market using daily and intraday data sets. We find that the distribution of return intervals can be approximated by a scaling function that depends only on the ratio between the return interval τ and its mean . We also find memory effects such that a large (or small) return interval follows a large (or small) interval by investigating the conditional distribution and mean return interval. The results are similar to previous studies of other markets and indicate that similar statistical features appear in different financial markets. We also compare our results between the period before and after the big crash at the end of 1989. We find that scaling and memory effects of the return intervals show similar features although the statistical properties of the returns are different.

  4. Analysis of laser return pulse from multilayered objects

    Science.gov (United States)

    Hollinger, Jim; Vessey, Alyssa; Close, Ryan; Middleton, Seth; Williams, Kathryn; Rupp, Ronald; Nguyen, Son

    2016-05-01

    Commercial Lidar often focus on reporting the range associated with the strongest laser return pulse, first return pulse, or last return pulse. This technique works well when observing discrete objects separated by a distance greater than the laser pulse length. However, multiple reflections due to more closely layered objects produce overlapping laser return pulses. Resolving the multi-layered object ranges in the resulting complex waveforms is the subject of this paper. A laboratory setup designed to investigate the laser return pulse produced by multi-layered objects is described along with a comparison of a simulated laser return pulse and the corresponding digitized laser return pulse. Variations in the laboratory setup are used to assess different strategies for resolving multi-layered object ranges and how this additional information can be applied to detecting objects partially obscured in vegetation.

  5. ANALISIS PENGARUH ROA, EPS, FINANCIAL LEVERAGE, PROCEED TERHADAP INITIAL RETURN

    Directory of Open Access Journals (Sweden)

    Andhi Wijayanto

    2010-03-01

    Full Text Available Riset ini bertujuan untuk mengetahui pengaruh ROA, EPS, Financial Leverage dan Proceed terhadap initial return. Initial return diperoleh dengan mengukur perbedaan harga pada hari pertama perdangangan di pasar sekunder dengan harga saat IPO. Penelitian ini menduga bahwa ROA, EPS, Proceed mempunyai pengaruh negatif dengan initial return, disisi lain, Financial Leverage diduga mempunyai pengaruh yang positif terhadap initial return. Data pada penelitian ini terdapat dalam prospectus perusahaan. Sampel diambil dengan menggunakan metode purposive sampling dengan dua kriteria yaitu terdiri dari perusahaan yang IPO selama periode tahun 2000-2006 dan underpriced. Dengan kriteria tersebut, 67 perusahaan dijadikan sebagai sampel. Metode analisis menggunakan regresi berganda. Hasil penelitian ini adalah Earning Per-Share (EPS, dan Proceed mempunyai pengaruh negatif dan signifikan terhadap initial return, sedangkan Return on Assets Ratio (ROA, dan Financial Leverage tidak berpengaruh signifikan terhadap initial return. This research aimed to examine the influence of ROA, EPS, Financial Leverage, and Proceed on initial return. Initial return was measured by the difference between the firm’s stock price on the first day in the secondary market and it’s IPO. This research expected that return on assets ratio (ROA, earning per-share (EPS, and proceed negatively associated with initial return. On other hand, financial leverage ratio expected to positively associate with initial return. Data in this study were obtained from company prospectus, ICMD. Sample had been taken by using purposive sampling method with two criterions such as conducted IPO during period 2000-2006 and underpriced. With criterions, 67 companies obtains as sample. The analytical methods used multiple regressions, the empirical result of this research indicate that EPS, and proceed significantly associated with initial returns. Whereas ROA, and financial leverage ratio not

  6. 76 FR 22611 - Specified Tax Return Preparers Required To File Individual Income Tax Returns Using Magnetic...

    Science.gov (United States)

    2011-04-22

    ... regulations (TD 9518) that were published in the Federal Register on Wednesday, March 30, 2011 (76 FR 17521... Publication Accordingly, the publication of the final regulations (TD 9518) which were the subject of FR Doc... Internal Revenue Service 26 CFR Part 301 RIN 1545-BJ52 Specified Tax Return Preparers Required To...

  7. 75 FR 76940 - Specified Tax Return Preparers Required To File Individual Income Tax Returns Using Magnetic...

    Science.gov (United States)

    2010-12-10

    ... published in the Federal Register on Friday, December 3, 2010 (75 FR 75439). The proposed regulations... Publication Accordingly, the notice of proposed rulemaking which was the subject of FR Doc. 2010-30500 is... Internal Revenue Service 26 CFR Parts 1 and 301 RIN 1545-BJ52 Specified Tax Return Preparers Required...

  8. 75 FR 52486 - Disclosures of Return Information Reflected on Returns to Officers and Employees of the...

    Science.gov (United States)

    2010-08-26

    ... Internal Revenue Service 26 CFR Part 301 RIN 1545-BJ27 Disclosures of Return Information Reflected on... Related Activities AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking... submissions to: CC:PA:LPD:PR (REG-137486-09), room 5203, Internal Revenue Service, P.O. Box 7604, Ben...

  9. Aerothermodynamic environments for Mars entry, Mars return, and lunar return aerobraking missions

    Science.gov (United States)

    Rochelle, W. C.; Bouslog, S. A.; Ting, P. C.; Curry, D. M.

    1990-06-01

    The aeroheating environments to vehicles undergoing Mars aerocapture, earth aerocapture from Mars, and earth aerocapture from the moon are presented. An engineering approach for the analysis of various types of vehicles and trajectories was taken, rather than performing a benchmark computation for a specific point at a selected time point in a trajectory. The radiation into Mars using the Mars Rover Sample Return (MRSR) 2-ft nose radius bionic remains a small contributor of heating for 6 to 10 km/sec; however, at 12 km/sec it becomes comparable with the convection. For earth aerocapture, returning from Mars, peak radiation for the MRSR SRC is only 25 percent of the peak convection for the 12-km/sec trajectory. However, when large vehicles are considered with this trajectory, peak radiation can become 2 to 4 times higher than the peak convection. For both Mars entry and return, a partially ablative Thermal Protection System (TPS) would be required, but for Lunar Transfer Vehicle return an all-reusable TPS can be used.

  10. Return to Work Perceptions and Actual Return to Work in Workers with Common Mental Disorders

    NARCIS (Netherlands)

    Nieuwenhuijsen, Karen; Noordik, Erik; van Dijk, Frank J. H.; van der Klink, Jac J.

    2013-01-01

    Introduction: Return to work (RTW) perceptions have been found to predict actual RTW of workers with common mental disorders. This study aims to (1) assess the relative value of RTW self-efficacy (RTW-SE) and RTW expectation in predicting actual RTW and (2) explore the role of mental health symptoms

  11. Healthier before they migrate, less healthy when they return? The health of returned migrants in Mexico

    Science.gov (United States)

    Ullmann, S. Heidi; Goldman, Noreen; Massey, Douglas S.

    2011-01-01

    Over the course of the 20th century, Mexico-U.S. migration has emerged as an important facet of both countries, with far reaching economic and social impacts. The health of Mexican immigrants in the U.S. has been well studied, but relatively less is known about the health of returned migrants to Mexico. The objectives of this paper are twofold. Relying on health data pertaining to two stages of the life course, early life health (pre-migration) and adult health (post-migration) from the Mexican Migration Project gathered between 2007 and 2009, we aim to assess disparities in adult health status between male returned migrants and male non-migrants in Mexico, accounting for their potentially different early life health profiles. While we find evidence that returned migrants had more favorable early life health, the results for adult health are more complex. Returned migrants have a higher prevalence of heart disease, emotional/psychiatric disorders, obesity, and smoking than non-migrants but no differences are found in self-rated health, diabetes, or hypertension. PMID:21729820

  12. The search for and identification of amino acids, nucleobases and nucleosides in samples returned from Mars

    Science.gov (United States)

    Gehrke, Charles W.; Ponnamperuma, Cyril; Kuo, Kenneth C.; Stalling, David L.; Zumwalt, Robert W.

    1989-01-01

    An investigation of the returned Mars samples for biologically important organic compounds, with emphasis on amino acid, the puring and pyrimidine bases, and nucleosides is proposed. These studies would be conducted on subsurface samples obtained by drilling past the surface oxidizing layer with emphasis on samples containing the larges quantities of organic carbon as determined by the rover gas chromatographic mass spectrometer (GCMS). Extraction of these molecules from the returned samples will be performed using the hydrothermal extraction technique described by Cheng and Ponnamperuma. More rigorous extraction methods will be developed and evaluated. For analysis of the extract for free amino acids or amino acids present in a bound or peptidic form, aliquots will be analyzed by capillary GCMS both before and after hydrolysis with 6N hydrochloric acid. Establishment of the presence of amino acids would then lead to the next logical step which would be the use of chiral stationary gas chromatography phases to determine the enatiomeic composition of the amino acids present, and thus potentially establish their biotic or abiotic origin. Confirmational analyses for amino acids would include ion-exchange and reversed-phase liquid chromatographic analysis. For analyses of the returned Mars samples for nucleobases and nucleosides, affinity and reversed-phase liquid chromatography would be utilized. This technology coupled with scanning UV detection for identification, presents a powerful tool for nucleobase and nucleoside analysis. Mass spectrometric analysis of these compounds would confirm their presence in samples returned form Mars.

  13. Returns to Tenure: Time or Rank?

    DEFF Research Database (Denmark)

    Buhai, Ioan Sebastian

    . In agreement with the main prediction, we find a significant and negative impact of the seniority rank on wages in Portugal and an insignificant one in Denmark. This is consistent with the fact that labor protection increases the bargaining power of individuals with lower seniority rank (older in the firm......A large number of studies have investigated why more senior workers tend to be paid higher wages than their less senior colleagues. Most empirical research has focused on job tenure as a continuous function of the time spent in the current job. This specification can be defended by theories of firm......-specific investment, efficiency-wages or adverse-selection models. However, rent extracting arguments as suggested by the theory of internal labor markets, indicate that the relative position of the worker in the seniority hierarchy of the firm, her 'seniority rank', may also explain part of the observed returns...

  14. Quantifying Stock Return Distributions in Financial Markets.

    Science.gov (United States)

    Botta, Federico; Moat, Helen Susannah; Stanley, H Eugene; Preis, Tobias

    2015-01-01

    Being able to quantify the probability of large price changes in stock markets is of crucial importance in understanding financial crises that affect the lives of people worldwide. Large changes in stock market prices can arise abruptly, within a matter of minutes, or develop across much longer time scales. Here, we analyze a dataset comprising the stocks forming the Dow Jones Industrial Average at a second by second resolution in the period from January 2008 to July 2010 in order to quantify the distribution of changes in market prices at a range of time scales. We find that the tails of the distributions of logarithmic price changes, or returns, exhibit power law decays for time scales ranging from 300 seconds to 3600 seconds. For larger time scales, we find that the distributions tails exhibit exponential decay. Our findings may inform the development of models of market behavior across varying time scales. PMID:26327593

  15. The Users Office returns to its premises

    CERN Document Server

    2005-01-01

    The renovation work on the Users Office, which began on 29 November, was completed last week. The Office's staff have now returned to their modernised and more spacious premises in Building 61. For four months, the Users' Office was housed in Building 2-R-030 thanks to the LHCb experiment collaboration, which was kind enough to temporarily loan some office space. For 15 years, the team has been helping Users with their administrative tasks. It provides them with all the information necessary on the procedures to be followed after their arrival at CERN as well as on cultural activities in the region. Since the beginning of January, the team is also looking after the Unpaid Associates. CERN hosts 4489 Users from Member States and 1909 from non-Members States, representing over 50 nationalities.

  16. U(N) tools for Loop Quantum Gravity: The Return of the Spinor

    CERN Document Server

    Borja, Enrique F; Garay, Iñaki; Livine, Etera R

    2010-01-01

    We explore the classical setting for the U(N) framework for SU(2) intertwiners for loop quantum gravity (LQG) and describe the corresponding phase space in terms of spinors with appropriate constraints. We show how its quantization leads back to the standard Hilbert space of intertwiner states defined as holomorphic functionals. We then explain how to glue these intertwiners states in order to construct spin network states as wave-functions on the spinor phase space. In particular, we translate the usual loop gravity holonomy observables to our classical framework. Finally, we propose how to derive our phase space structure from an action principle which induces non-trivial dynamics for the spin network states. We conclude by applying explicitly our framework to states living on the simple 2-vertex graph and discuss the properties of the resulting Hamiltonian.

  17. U(N) tools for loop quantum gravity: the return of the spinor

    Science.gov (United States)

    Borja, Enrique F.; Freidel, Laurent; Garay, Iñaki; Livine, Etera R.

    2011-03-01

    We explore the classical setting for the U(N) framework for SU(2) intertwiners for loop quantum gravity and describe the corresponding phase space in terms of spinors with the appropriate constraints. We show how its quantization leads back to the standard Hilbert space of intertwiner states defined as holomorphic functionals. We then explain how to glue these intertwiners states in order to construct spin network states as wavefunctions on the spinor phase space. In particular, we translate the usual loop gravity holonomy observables to our classical framework. Finally, we propose how to derive our phase space structure from an action principle which induces non-trivial dynamics for the spin network states. We conclude by applying explicitly our framework to states living on the simple 2-vertex graph and discuss the properties of the resulting Hamiltonian.

  18. U(N) tools for loop quantum gravity: the return of the spinor

    Energy Technology Data Exchange (ETDEWEB)

    Borja, Enrique F; Garay, Inaki [Institute for Theoretical Physics III, University of Erlangen-Nuernberg, Staudtstrasse 7, D-91058 Erlangen (Germany); Freidel, Laurent [Perimeter Institute for Theoretical Physics, 31 Caroline St North, Waterloo ON N2 L 2Y5 (Canada); Livine, Etera R, E-mail: etera.livine@ens-lyon.fr [Laboratoire de Physique, ENS Lyon, CNRS-UMR 5672, 46 Allee d' Italie, Lyon 69007 (France)

    2011-03-07

    We explore the classical setting for the U(N) framework for SU(2) intertwiners for loop quantum gravity and describe the corresponding phase space in terms of spinors with the appropriate constraints. We show how its quantization leads back to the standard Hilbert space of intertwiner states defined as holomorphic functionals. We then explain how to glue these intertwiners states in order to construct spin network states as wavefunctions on the spinor phase space. In particular, we translate the usual loop gravity holonomy observables to our classical framework. Finally, we propose how to derive our phase space structure from an action principle which induces non-trivial dynamics for the spin network states. We conclude by applying explicitly our framework to states living on the simple 2-vertex graph and discuss the properties of the resulting Hamiltonian.

  19. CoC GIS Tools (GIS Tool)

    Data.gov (United States)

    Department of Housing and Urban Development — This tool provides a no-cost downloadable software tool that allows users to interact with professional quality GIS maps. Users access pre-compiled projects through...

  20. Stock Returns, Volatility, and Cointegration among Chinese Stock Markets

    Institute of Scientific and Technical Information of China (English)

    QiZhou; ZhongguoZhou

    2005-01-01

    This paper examines stock returns, volatility, and cointegration among three Chinese stock markets before and after Hong Kong's return to China. The average daily returns are much higher during the first sub-period (from April 1991 to June 1997) and significantly lower or even negative during the second sub-period (from July 1997 to December 2002). The mean adjusted change in volatility is negatively and significantly correlated with the lagged returns. This negative relation is mainly caused by a contemporaneous and significantly positive correlation between returns and volatility in the first sub-period. This significant relationship disappears for the Shanghai and Shenzhen Stock Exchanges and is even negative for the Hong Kong Stock Exchange during the second sub-period. Three Chinese stock markets are cointegrated over the entire sample period and become more closely related after Hong Kong's return to China. Our results have important implications for both policy makers and individual investors.

  1. Laboratory Evaluation of Air Flow Measurement Methods for Residential HVAC Returns for New Instrument Standards

    Energy Technology Data Exchange (ETDEWEB)

    Walker, Iain [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Stratton, Chris [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2015-08-01

    This project improved the accuracy of air flow measurements used in commissioning California heating and air conditioning systems in Title 24 (Building and Appliance Efficiency Standards), thereby improving system performance and efficiency of California residences. The research team at Lawrence Berkeley National Laboratory addressed the issue that typical tools used by contractors in the field to test air flows may not be accurate enough to measure return flows used in Title 24 applications. The team developed guidance on performance of current diagnostics as well as a draft test method for use in future evaluations. The study team prepared a draft test method through ASTM International to determine the uncertainty of air flow measurements at residential heating ventilation and air conditioning returns and other terminals. This test method, when finalized, can be used by the Energy Commission and other entities to specify required accuracy of measurement devices used to show compliance with standards.

  2. Geology of Potential Landing Sites for Martian Sample Returns

    Science.gov (United States)

    Greeley, Ronald

    2003-01-01

    This project involved the analysis of potential landing sites on Mars. As originally proposed, the project focused on landing sites from which samples might be returned to Earth. However, as the project proceeded, the emphasis shifted to missions that would not include sample return, because the Mars Exploration Program had deferred sample returns to the next decade. Subsequently, this project focused on the study of potential landing sites for the Mars Exploration Rovers.

  3. Return Migration, Self-Selection and Entrepreneurship in Mozambique

    OpenAIRE

    Batista, Catia; McIndoe-Calder, Tara; Vicente, Pedro

    2014-01-01

    Does return migration affect entrepreneurship? This question has important implications for the debate on the economic development effects of migration for origin countries. The existing literature has, however, not addressed how the estimation of the impact of return migration on entrepreneurship is affected by double unobservable migrant self-selection, both at the initial outward migration and at the final inward return migration stages. This paper uses a representative household survey co...

  4. The meaning, modalities and consequences of return migration.

    Science.gov (United States)

    1986-03-01

    Return migration and its consequences has attracted increasing attention since Western European countries adopted policies in the mid 1970s to stop the inflow of foreign workers and to promote reintegration of emigrants. This paper explores the definition of return migration, discusses the different contexts in which return migration arises, and points out the many gaps that exist in understanding return migration and its consequences. The report concludes that there is no consensus on the definition of return migration; future advances in its analysis and measurement depend on the availability of specific criteria to distinguish return movements from other migration taking place in the world today. Also, relatively little attention has been devoted to return flows of migrants in developing countries due to paucity of information and fluidity of some of the movements involved. Yet another area for concern is the lack of information pertaining to female emigrants. Some recommendations that may lead to the eventual satisfaction of these needs include: 1) defining returnees as persons who, having the nationality of the country that they are entering, have spent at least one year abroad and have returned with the intention of staying at least one year in the country of their nationality; 2) having coontries with important emigration flows monitor return migration by gathering and publishing information on returning migrants; 3) giving particular attention to the problems faced by female returnees and adopting measures to ensure equal aid to males and females; 4) studying and monitoring the consequences of return migration on whole families instead of on only certain members of the family; 5) monitoring the consequences of sizeable repatriation flows, giving particular attention to the success of reintegration programs; 6) developing novel methods to monitor and study the impact of return flows of emigrants whose situation in the receiving state was irregular.

  5. The Risk-Return Attributes of International Real Estate Equities

    OpenAIRE

    Paul K. Asabere; Robert Kleiman; Carl McGowan

    1991-01-01

    This paper examines the risk and return attributes of international real estate equities over the 1980-1988 time period. The empirical results indicate that international real estate equities offer higher returns as well as greater total and systematic risk than U.S.-based REITs. The results also indicate that international real estate equities are weakly positively correlated with the return on REITs. International real estate equities achieve higher values for both the Treynor and Jensen me...

  6. Equity Real Estate Investment Trusts and Real Estate Returns

    OpenAIRE

    S. Michael Giliberto

    1990-01-01

    Some investors view equity real estate investment trusts (EREITs) as partial substitutes for conventional real estate investments, although the correlation between EREIT and real estate returns is insignificant. However, this study finds that the residuals from regressions of both real estate series on financial asset returns are significantly correlated. This supports the notion that there is a common factor (or factors) associated with real estate that affects both sets of returns. In addit...

  7. Myopia, customer returns and the theory of planned behaviour

    OpenAIRE

    King, T.; Dennis, C.; Wright, L T

    2008-01-01

    As a prevalent and growing form of customer behaviour, deshopping is on the rise. Retailers’ focus on good customer service and the offering of lenient returns polices has led to the growth in this fraudulent behaviour of customers in returning goods. This paper considers retailer myopia in the context of dishonest customer returns, applying the Theory of Planned Behaviour (TPB) using a quantitative questionnaire with 535 female consumers. The findings highlight the extent of the behaviour wi...

  8. Return migration and the age profile of retirement among immigrants

    OpenAIRE

    Cobb-Clark, Deborah A.; Stillma, Steven

    2013-01-01

    We analyze the relationship between the age profile of retirement within an immigrant population and aggregate return migration rates for individuals from different countries of origin. The latter serves as a proxy for the relative net benefits of return migration to that origin country. Our simple theoretical model illustrates that under reasonable conditions the probability of return migration is maximized at retirement. This implies that different immigrant populations will have different ...

  9. INVESTMENT RETURN IN TRAINING PROGRAMS FOR COMPENTENCE DEVELOPMENT

    OpenAIRE

    Maria Lúcia Gili Massi

    2015-01-01

    Can the investment return in training programs be applied to assess the impacts on work by incorporating skills? This issue has encouraged this study to verify whether it is possible to evaluate the financial return on the investment made in training for the development or acquisition of skills by applying the ROI. The literature has shown that it is possible, for professionals in training, to evaluate the financial returns generated by investment in training for skills development.

  10. INVESTMENT RETURN IN TRAINING PROGRAMS FOR COMPENTENCE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Maria Lúcia Gili Massi

    2015-06-01

    Full Text Available Can the investment return in training programs be applied to assess the impacts on work by incorporating skills? This issue has encouraged this study to verify whether it is possible to evaluate the financial return on the investment made in training for the development or acquisition of skills by applying the ROI. The literature has shown that it is possible, for professionals in training, to evaluate the financial returns generated by investment in training for skills development.

  11. Returns to investors in stocks in new industries

    OpenAIRE

    Gerald P. Dwyer; Barnhart, Cora

    2008-01-01

    We examine the returns to investors in publicly traded stock in new industries. We examine data from the United States on sellers of own-brand personal computers, airlines and airplane manufacturers, automobile manufacturers, railroads, and telegraphs. We find that a relatively small number of companies generate outstanding returns and many firms fail. Firms in new industries typically have high volatility of individual stocks' returns. Compared with indexes for the same period, expected retu...

  12. Predicting Abnormal Returns From News Using Text Classification

    OpenAIRE

    Luss, Ronny; d'Aspremont, Alexandre

    2008-01-01

    We show how text from news articles can be used to predict intraday price movements of financial assets using support vector machines. Multiple kernel learning is used to combine equity returns with text as predictive features to increase classification performance and we develop an analytic center cutting plane method to solve the kernel learning problem efficiently. We observe that while the direction of returns is not predictable using either text or returns, their size is, with text featu...

  13. Expected Returns on Real Investments: Evidence from the Film Industry

    OpenAIRE

    Powers, Thomas

    2014-01-01

    Asset pricers generally study the pricing of secondary market securities. Using a proprietary, project-level dataset on the film industry, I am able to study a cross-section of expected returns on real investments instead. One area in which we might expect differences is in the pricing of idiosyncratic risk. I find that expected returns are both increasing and concave in the idiosyncratic dollar variance of a film's payoff. Plotting expected returns against dollar volatility yields an approxi...

  14. Psychosocial work characteristics and return to work after occupational rehabilitation

    OpenAIRE

    Lise, Haveraaen

    2013-01-01

    BACKGROUND: Long-term sickness absence is a major health and economic problem in the industrialised world. Factors that might promote return to work are therefore of great interest. Psychosocial work characteristics are known to influence health; it was therefore hypothesised that the work characteristics might also influence return to work. OBJECTIVE: The aim of the study was to examine the impact of psychosocial work characteristics on return to work after occupational rehabilitation. ME...

  15. Herding Behavior and Stock Returns: An Exploratory Investigation

    OpenAIRE

    Lillyn L. Teh; Werner F. M. De Bondt

    1997-01-01

    We collect trading and ownership statistics for U.S. stocks between 1970 and 1989 and we study the cross-section of returns. In rational and frictionless markets, equity returns should not depend on asset turnover nor should they depend on owner identity. Yet, with market imperfections, crowd behavior may affect returns. We examine two types of herding: (i) conventional investing, and (ii) trading for non-informational reasons. Incomplete information models predict that conventional stocks co...

  16. Idiosyncratic volatility, stock market volatility, and expected stock returns

    OpenAIRE

    Hui Guo; Robert Savickas

    2005-01-01

    We find that the value-weighted idiosyncratic stock volatility and aggregate stock market volatility jointly exhibit strong predictive power for excess stock market returns. The stock market risk-return relation is found to be positive, as stipulated by the CAPM; however, idiosyncratic volatility is negatively related to future stock market returns. Also, idiosyncratic volatility appears to be a pervasive macrovariable, and its forecasting abilities are very similar to those of the consumptio...

  17. SECTORAL RISK AND RETURN FOR COMPANIES IN ROMANIA

    OpenAIRE

    Anis Cecilia; Buglea Alexandru; Lala - Popa Ion; Cican Simona

    2012-01-01

    probability that cash flows or return will vary from expectations. Standard corporate finance theory supposes that a company chooses a capital structure that maximizes company value. A fundamental idea in finance is the relationship between risk and return. The greater the amount of risk that an investor is willing to take on, the greater the potential return. The reason for this is that investors need to be compensated for taking on additional risk. Why put capital at significant risk for a ...

  18. UNRAVELING RISK AND RETURN IN ISLAMIC BANKING: DOES THE PERCEIVED HIGH RETURN EXIST?

    OpenAIRE

    Fitwi, Abrar; Elder, Laura

    2015-01-01

    Using mixed qualitative and quantitative methods, this study analyzes the risk and return results of Islamic banks versus their conventional counterparts in Malaysia in order to evaluate arguments that adherence to shariah based banking principles minimizes risk exposure. Using comparative data from eight Malaysian banks, our empirical investigation provides limited support to theoretical arguments that the Islamic banks minimize risk. Our results show that there is no statistically significa...

  19. Reduction and return of infectious trachoma in severely affected communities in Ethiopia.

    Directory of Open Access Journals (Sweden)

    Takele Lakew

    Full Text Available BACKGROUND: Antibiotics are a major tool in the WHO's trachoma control program. Even a single mass distribution reduces the prevalence of the ocular chlamydia that causes trachoma. Unfortunately, infection returns after a single treatment, at least in severely affected areas. Here, we test whether additional scheduled treatments further reduce infection, and whether infection returns after distributions are discontinued. METHODS: Sixteen communities in Ethiopia were randomly selected. Ocular chlamydial infection in 1- to 5-year-old children was monitored over four biannual azithromycin distributions and for 24 months after the last treatment. FINDINGS: The average prevalence of infection in 1- to 5-year-old children was reduced from 63.5% pre-treatment to 11.5% six months after the first distribution (P<0.0001. It further decreased to 2.6% six months after the fourth and final treatment (P = 0.0004. In the next 18 months, infection returned to 25.2%, a significant increase from six months after the last treatment (P = 0.008, but still far lower than baseline (P<0.0001. Although the prevalence of infection in any particular village fluctuated, the mean prevalence of the 16 villages steadily decreased with each treatment and steadily returned after treatments were discontinued. CONCLUSION: In some of the most severely affected communities ever studied, we demonstrate that repeated mass oral azithromycin distributions progressively reduce ocular chlamydial infection in a community, as long as these distributions are given frequently enough and at a high enough coverage. However, infection returns into the communities after the last treatment. Sustainable changes or complete local elimination of infection will be necessary. TRIAL REGISTRATION: ClinicalTrials.gov NCT00221364.

  20. Partial return yoke for MICE step IV and final step

    International Nuclear Information System (INIS)

    This paper reports on the progress of the design and construction of a retro-fitted return yoke for the international Muon Ionization Cooling Experiment (MICE). MICE is a proof-of-principle experiment aiming to demonstrate ionization cooling experimentally. In earlier studies we outlined how a partial return yoke can be used to mitigate stray magnetic field in the experimental hall; we report on the progress of the construction of the partial return yoke for MICE Step IV. We also discuss an extension of the Partial Return Yoke for the final step of MICE; we show simulation results of the expected performance.

  1. Partial Return Yoke for MICE Step IV and Final Step

    Energy Technology Data Exchange (ETDEWEB)

    Witte, Holger [Brookhaven; Plate, Stephen [Brookhaven; Berg, J.Scott [Brookhaven; Tarrant, Jason [Rutherford; Bross, Alan [Fermilab

    2015-06-01

    This paper reports on the progress of the design and construction of a retro-fitted return yoke for the international Muon Ionization Cooling Experiment (MICE). MICE is a proof-of-principle experiment aiming to demonstrate ionization cooling experimentally. In earlier studies we outlined how a partial return yoke can be used to mitigate stray magnetic field in the experimental hall; we report on the progress of the construction of the partial return yoke for MICE Step IV. We also discuss an extension of the Partial Return Yoke for the final step of MICE; we show simulation results of the expected performance.

  2. Partial return yoke for MICE step IV and final step

    Energy Technology Data Exchange (ETDEWEB)

    Witte, H. [Brookhaven National Lab. (BNL), Upton, NY (United States); Plate, S. [Brookhaven National Lab. (BNL), Upton, NY (United States); Berg, J. S. [Brookhaven National Lab. (BNL), Upton, NY (United States); Tarrant, J. [Science and Technology Facilities Council (STFC), Oxford (United Kingdom). Rutherford Appleton Lab. (RAL); Bross, A. [Fermi National Accelerator Lab. (FNAL), Batavia, IL (United States)

    2015-05-03

    This paper reports on the progress of the design and construction of a retro-fitted return yoke for the international Muon Ionization Cooling Experiment (MICE). MICE is a proof-of-principle experiment aiming to demonstrate ionization cooling experimentally. In earlier studies we outlined how a partial return yoke can be used to mitigate stray magnetic field in the experimental hall; we report on the progress of the construction of the partial return yoke for MICE Step IV. We also discuss an extension of the Partial Return Yoke for the final step of MICE; we show simulation results of the expected performance.

  3. Inter-state return migration in India: 1961-71.

    Science.gov (United States)

    Sivamurthy, M; Kadi, A S

    1984-12-01

    "In this paper an attempt has been made to estimate return migration from the destination state of migrants for 15 major Indian states during 1961-71 among the life-time inter-state migrants enumerated in the 1961 census. The model used for estimation is based on the procedure suggested by Zachariah (1967) for estimating return migration from two census data." The results indicate that of the almost 13 million interstate migrants enumerated in the 1961 census, about 4.7 million returned during the period 1961-1971. Factors affecting this return migration are considered.

  4. Return migration to Jamaica and its development potential.

    Science.gov (United States)

    Thomas-hope, E

    1999-01-01

    The return of migrants to Jamaica is closely associated with the persistence of the transnational household, which is established between the family members abroad and those who remain in Jamaica. The strength of transnational linkages is strongly determined by the manner and purpose of migration, by whether the migration involves an individual or a family, and the extent of the migrant's obligations in compensation for the neglect of responsibilities during his or her absence. Remittances precede, accompany, and follow the return of migrants. There was a consistent increase in remittances during the 1990s; they increased in revenue from US$183.3 million in 1991 to US$668.7 million in 1997. Quantitative statistics on return migration to Jamaica have only been gathered officially since 1992. Data showed a steady increase in the volume of return migration from 1992 to 1997. The largest numbers of returning residents were recorded in 1993 (2493) and in 1994 (2417). The majority of the migrants came from the US followed by the UK. A smaller percentage of return migrants came from Canada and other locations, chiefly Caribbean countries. Seeing potential in the Jamaican overseas community, the Government of Jamaica has established programs, such as the Return of Talent program, to encourage the return of its nationals. Two factors have had an impact on return migration to Jamaica: 1) the characteristics of the migrants in terms of skill level, experience, and attitudes and 2) the social and economic condition of the country itself.

  5. Return migration on the policy agenda in Sweden.

    Science.gov (United States)

    Altamirano, A T

    1995-07-01

    "Explicit policies on return migration are of rather recent date in most European countries, including Sweden. During the last few years a number of new policy initiatives have been taken in this field. The purpose of this paper is to examine how official Swedish policies on return migration have changed during the last 20 years. The conclusion is that Sweden has moved from a ¿non-policy' in the 1970s, much in opposition to ¿guestworker' or rotation systems, towards an active and explicit policy promoting return in the mid-1990s. The major trends in the country's immigration, emigration and return flows are also presented."

  6. Evaluation of the return rate of volunteer blood donors

    Directory of Open Access Journals (Sweden)

    Adriana de Fátima Lourençon

    2011-06-01

    Full Text Available BACKGROUND: To convert first-time blood donors into regular volunteer donors is a challenge to transfusion services. OBJECTIVES: This study aims to estimate the return rate of first time donors of the Ribeirão Preto Blood Center and of other blood centers in its coverage region. METHODS: The histories of 115,553 volunteer donors between 1996 and 2005 were analyzed. Statistical analysis was based on a parametric long-term survival model that allows an estimation of the proportion of donors who never return for further donations. RESULTS: Only 40% of individuals return within one year after the first donation and 53% return within two years. It is estimated that 30% never return to donate. Higher return rates were observed among Black donors. No significant difference was found in non-return rates regarding gender, blood type, Rh blood group and blood collection unit. CONCLUSIONS: The low percentage of first-time donors who return for further blood donation reinforces the need for marketing actions and strategies aimed at increasing the return rates.

  7. Market Risk and Returns: Evidence from the Nigerian Capital Market

    Directory of Open Access Journals (Sweden)

    Ifuero Osad Osamwonyi

    2012-09-01

    Full Text Available The relationship between markets returns proxied by ‘betas’ and security returns is well established in the relevant extant literature. The objective of this paper is to provide evidence that this relationship holds in the Nigerian Capital Market. The study specifically examines market risk as defined in the Capital Asset Pricing Model (CAPM as an explanatory variable for security returns in the Nigerian Capital Market. The model was tested with quarterly data for the period 2001 to 2005, using the most capitalized firms in the Nigerian Capital market. The findings confirm a positive linear relationship between market betas and security returns for the sampled Nigerian firms.

  8. Do short-sellers arbrtrage accrual-based return anomalies?

    OpenAIRE

    Hirshleifer, David; Teoh, Siew Hong; Yu, Jeff Jiewei

    2007-01-01

    We find a positive association between short-selling and accruals, and between short-selling and NOA, during 1988-2003. The accrual and NOA return anomalies are asymmetric. The absolute value of mean abnormal returns is larger for high-accrual firms than low-accrual firms on NASDAQ, but not on NYSE, and the abnormal return asymmetry is stronger among firms with low institutional holdings. For NOA, there is only limited evidence that the abnormal return asymmetry is stronger on NASDAQ than on ...

  9. Returns on Investment in California County Departments of Public Health

    Science.gov (United States)

    2016-01-01

    Objectives. To estimate the average return on investment for the overall activities of county departments of public health in California. Methods. I gathered the elements necessary to estimate the average return on investment for county departments of public health in California during the period 2001 to 2008–2009. These came from peer-reviewed journal articles published as part of a larger project to develop a method for determining return on investment for public health by using a health economics framework. I combined these elements by using the standard formula for computing return on investment, and performed a sensitivity analysis. Then I compared the return on investment for county departments of public health with the returns on investment generated for various aspects of medical care. Results. The estimated return on investment from $1 invested in county departments of public health in California ranges from $67.07 to $88.21. Conclusions. The very large estimated return on investment for California county departments of public health relative to the return on investment for selected aspects of medical care suggests that public health is a wise investment. PMID:27310339

  10. Return Migration among Elderly, Chronically Ill Bosnian Refugees

    DEFF Research Database (Denmark)

    Handlos, Line Neerup; Olwig, Karen Fog; Bygbjerg, Ib Christian;

    2015-01-01

    Elderly migrants constitute a considerable share of global return migration; nevertheless, literature on the health aspects of the return migration among these migrants is still scarce. This study explores the significance of return migration among elderly, chronically ill Bosnian refugees from...... Denmark and the role of health issues in their decision to return. It is based on semi-structured interviews with 33 elderly, chronically ill Bosnian refugees who have moved back to Bosnia and Herzegovina, and 10 elderly, chronically ill Bosnian refugees who have remained in Denmark. The interviews show...

  11. Idleness, returns to education and child labor

    Directory of Open Access Journals (Sweden)

    José Raimundo Carvalho

    2012-12-01

    Full Text Available Although recent trends about child labor are positive, see ILO (2006, there still are important shortcomings which require further investigation. Among them, the exclusion of the category "idle children" (those who neither work nor study from past studies, as well as the lack of reliable information on returns to education are two significant omissions. By using a data base that contains details on idle children and a proxy for the returns to education, we find evidence that confirms traditional findings both with regard to the strong positive effect of parental background and to the positive relationship between the number of children in the household and child labor. On the other hand, our estimates point out new insights, such as the great regional variation of estimates and the fact that the Body Mass Index effect is positive. Finally, we suggest a new perspective on the issue of "street children" through the analysis of the category of "idle children".Apesar das recentes tendências sobre trabalho infantil serem positivas, ver ILO (2006, há importantes deficiências no entendimento do fenômeno. A exclusão da categoria "crianças desocupadas" (não trabalham e nem estudam em estudos passados, como também a ausência de informações fidedignas sobre retornos da educação são importantes omissões. Utilizando uma base de dados mais detalhada, bem como uma proxy para retornos da educação encontramos evidências que confirmam resultados tradicionais como o efeito positivo das características dos pais e a relação positiva entre o número de crianças, no trabalho infantil. Por outro lado, apontamos para novos entendimentos, como o fato da variável Índice de Massa Corporal possuir efeito positivo e a grande variação regional dos efeitos das estimativas. Por fim, sugerimos uma nova perspectiva sobre a questão das "crianças de rua" através da análise da categoria de "crianças desocupadas".

  12. Precautionary Principle and Mars Sample Return

    Science.gov (United States)

    Arnould, Jacques

    Many space missions have today as an aim the exploration and the knowledge of the planet Mars; consequently, the return of Martian samples seems one of the next possible stages, at the horizon of about fifteen years. Devoted in the search of traces of life, passed or presents, such a mission presents a true stake not only from the scientific point of view but also from the ethical. Right now, the COSPAR specified the precautions to be taken to avoid or, at the very least, to limit the risk of contamination of the terrestrial biosphere by pathogenic the hitherto unknown ones. Are these recommendations sufficient? Do they concern only the scientific prudence or take truly counts of the good of humanity and the life on Earth? In the final analysis, is the incurred risk, even weak, to endanger this life worth the sorrow of it? Hitherto confined with the scientific circles of astronomy and astrobiology, this questioning could move the public opinion and this one would undoubtedly call some with the principle of precaution. In what this recourse would be relevant? The precaution aims indeed the hypothetical risks, not yet confirmed scientifically, but of which the possibility can be identified starting from empirical and scientific knowledge; such is well the case. But is it for as much possible to apply this principle to the case of the Martian samples, insofar as the objective of such a mission remains for the strictly scientific moment? Is it possible to manage the risks in the same manner when it is a question of appropriation and exploitation of the natural resources and energy (GMO, nuclear energy, etc.) and when it acts, in the case of Mars, that only search of the knowledge? How to manage the fundamental difference between the risks voluntarily taken and arbitrarily imposed, clarified and keep silent? The case of the return of the samples leads to the borders of the contemporary interrogations on the stakes and the benefits of science, on the share of risk

  13. [Cannabis, hemp and hashish: always returning].

    Science.gov (United States)

    Fabre, André-Julien

    2006-01-01

    Cannabis has a long story, the story of an endless return through ages and countries, all over the world. There is no mention of an "hedonist" use of cannabis in Ancient Greek or Roman sources but cannabism is largely attested in Orient as early as in the Middle Ages, even if many tales about Haschishins and Crusaders remain highly controversial. The "come back" of cannabism can be traced back in Europe at the end of XVIIIth century after the Egyptian campaigns of Bonaparte. Thus was launched an increasing vogue of orientalism, soonly after followed by the emergence of cannabism in Paris or London and, half a century later, the United States. After a brief armistice, cannabis rises up again with force at the end of XXth century, all over the world. In our times cannabis remains in the centre of all discussions about hallucinogen substances and many ethical, moral or medical questions are still unanswered. Our final comments will go to the everlasting "come back" of cannabism: search of exotism, attempt to escape from reality or as suggested by recent physiologic studies, close inter-relations between sensorial paths and the upper brainstem centers.

  14. The return of the natural philosopher

    Science.gov (United States)

    Lehner, Ed

    2010-03-01

    John R. Staver's article calling for a constructivist epistemology to maneuver between the disparate ways of knowing between science and religion prompts this response. This paper acknowledges Staver's scholarly analysis of the issue. Scientific and religious conflicts do present prominent challenges because these are profound but often-monolithic ways of constructing knowledge. However, my response withholds fully embracing Staver's call for a constructivist epistemology chiefly because his work goes beyond the confines of constructivism. Conversely, Staver's call for constructivist epistemology does not go far enough to advance a resolution between science and religion. Why? Because both science and religion often employ hyper-rationality in understanding the world, a process that does little to clarify the world's complexities. Philosophically, I refrain from accepting a complete schism between the two because such a framing does little to heal a conflict between those who praise the seen and those who praise the unseen. My response explores how hyper-rationality has triumphed over both science and religion, leaving the believer in one, or both, to navigate the journey alone. This article calls for the return of the natural philosopher. Utilizing this nineteenth-century term for scientist, this paper calls for an inquirer, one who can rise above the ideologies of science and religion to observe the current concerns of each field anew. Finally, taking a cue from Staver, this response introduces a potential discourse between science and religion in ways that each may, without embracing a variant ideology, make space for dialogue and mutual respect.

  15. [Fever in children returning from travel].

    Science.gov (United States)

    Sorge, F; Velayudhan-Deschamps, N; Faye, A; Blondé, R; Naudin, J

    2016-04-01

    Child travelers are numerous, exposed to the risk of diseases, both infectious and noninfectious, for which practitioners often lack experience. The assessment of febrile returning child travelers is becoming more frequent and challenging. The question of previous travel should be foremost in the checklist of the interview of any febrile child traveler, because this implies a possible tropical disease such as malaria that may be life-threatening. These need to be investigated and treated effectively and rapidly. There are highly contagious infections that could pose public health risks requiring implementation of hygienic and public health measures. A detailed immunization, medical, and travel history for exposure to infectious risks using geographic, seasonal, environmental, sociocultural, and epidemiological data are needed. Along with clinical examination and elementary first-line investigations, the history should guide second-line exams, which will provide the etiology and optimal treatment in approximately 75 % of cases. The majority of children will have a cosmopolitan infection that resolves spontaneously or is simple to treat. Malaria will need urgent and specific treatment. This article describes guidance on first-line evaluation and management of febrile child travelers as recommended in France. PMID:26968306

  16. Return migration from Australia: a case study.

    Science.gov (United States)

    Lukomskyj, O; Richards, P

    1986-09-01

    "The study investigates the departure from Australia of former settlers who arrived during the 1980 calendar year. The 1980 settler arrival cohort [consists] of 75,167 visaed migrants.... The study has three main aims: (i) to analyse departures from Australia of the 1980 settler arrival cohort with a view to gauging the success of Australia's immigration program in retaining settlers; (ii) to examine the retention rates of settlers with respect to characteristics...including age, sex, marital status, country of last residence, and settler eligibility category; and (iii) to consider implications of the findings." Australia's present immigration policy is discussed, previous research on return migration from Australia is summarized, and a detailed analysis of the departure data is presented. "This study found that by August 1984, 12.4 per cent of non-refugee settlers who arrived in Australia during 1980 had departed permanently but that only 0.6 per cent of the 1980 refugee cohort had done so." These figures represent a decline in immigrant departure rates since the 1960s and early 1970s. Small differences in departure rates by place of birth, age, and marital status, which may have demographic consequences if sustained over time, are noted. (SUMMARY IN FRE AND SPA)

  17. The return of Vaman a scientific novel

    CERN Document Server

    Narlikar, Jayant V

    2015-01-01

    This collection of science fiction writings by Jayant V. Narlikar offers readers a unique glimpse into the world-famous Indian astrophysicist’s vivid and highly imaginative concepts and stories.   The fictional material comprises a witty short story ("The rare idol of Ganesha") that cleverly explores the possible consequences of a mirror-symmetric individual in the context of cricket test match performances, as well as the fast-paced, gripping science fiction thriller "The return of Vaman": when an alien container is unearthed by a crew of scientists, the enormous potential technological applications of its contents bring various criminal elements on the scene – but when the real danger becomes apparent it is almost too late to save humanity.   Last but not least, the book provides readers with extensive insights into the genesis and scientific background of the fictional material presented in this volume, along with an autobiographical account of the author’s life-long interest in science fiction and...

  18. Policy for returning to fisheries in Korea

    Directory of Open Access Journals (Sweden)

    Jihoon Kim

    2016-07-01

    Full Text Available Korea’s fishing industry is currently facing problems involving an aging society and lack of successors in fishing villages. Therefore, the Korea Ministry of Oceans and Fisheries (KMOF has implemented a policy supporting U-turn fishers, who leave their place of origin for a job and then return home or move to where they can work in the fishing industry. Moreover, some local governments have established a policy for U-turn fishers. The KMOF policy is a financial support program with low interest rates and lengthy reimbursement periods; however, few beneficiaries exist. Meanwhile, local government policy benefits most persons in corresponding areas. However, the sums are relatively small, and only two local governments have enacted the policy. This study determines the performance of the policy through indepth interviews and a survey. The results indicate that KMOF policy may be limited in terms of its scope. In addition, noneconomic support programs, such as fishing education, harmony between existing fishers, and the acquisition of fishery rights, are required. The number of U-turn fishers will continue to increase as the baby boomer generation nears retirement and unemployment of youth increases. As such, the Korean government needs to improve the policy in keeping with the times.

  19. Upper Atmospheric Particulate Monitoring and Sample Return

    Science.gov (United States)

    Liddell, Alan; Sohl, John E.

    2010-10-01

    H.A.R.B.O.R. (High Altitude Reconnaissance Balloon for Outreach and Research) is a student-run program in which high-altitude balloon systems are designed, constructed, and flown by students conducting individual or group research projects. One area of interest is in the sampling of particles in the upper atmosphere. Collecting airborne particulates and studying them under an SEM can answer questions on the origins of airborne particulate matter. We could find explanations for climate change or directly measure pollution caused by smokestacks. The SEM has the capacity to capture images of particulates and determine their composition. I am building a system capable of sampling air up to 30km (100,000 ft). The system will contain a servo-controlled filter system for sampling air captured by the ascent of the balloon. Currently, filter types are being evaluated for capture rate and air flow resistance. A circuit has been built to test the mass throughput of the airflow as the balloon travels its course. A vacuum chamber is being built to simulate the nearspace environment. Testing and simulation should be complete in time to fly a finalized sample return mission in spring 2011.

  20. The value of Phobos sample return

    Science.gov (United States)

    Murchie, Scott L.; Britt, Daniel T.; Pieters, Carle M.

    2014-11-01

    Phobos occupies a unique position physically, scientifically, and programmatically on the road to exploration of the solar system. It is a low-gravity object moderately inside the gravity well of Mars. Scientifically, it is both an enigma and an opportunity: an enigma because the origins of both it and Deimos are uncertain, and provide insights into formation of the terrestrial planets; and an opportunity because Phobos may be a waypoint or staging point for future human exploration of the Mars system. Phobos is a low albedo, spectrally bland body with a red-sloped continuum. It appears similar to D-type objects more commonly found in the outer asteroid belt and Jovian space (Rivkin et al., 2002), but occurs in an orbit that is difficult to explain by capture (Burns, 1992). It might have a primitive composition like that inferred for outer solar system objects or it could be related to Mars and, for example, be composed of Martian basin ejecta. Regardless, Phobos has acted as a witness plate to Martian debris over the age of the solar system. The moons may possibly be a source of in situ resources that could support future human exploration in circum-Mars space or on the Martian surface. in situ compositional analyses can address many questions relevant to preparation for future human exploration. Sample return resolves those questions while also enabling detailed analyses in terrestrial laboratories to address higher order questions, many of which have not yet been asked.

  1. ANALYSIS MODEL FOR RETURN ON CAPITAL EMPLOYED

    Directory of Open Access Journals (Sweden)

    BURJA CAMELIA

    2013-02-01

    Full Text Available At the microeconomic level, the appreciation of the capitals’ profitability is a very complex action which is ofinterest for stakeholders. This study has as main purpose to extend the traditional analysis model for the capitals’profitability, based on the ratio “Return on capital employed”. In line with it the objectives of this work aim theidentification of factors that exert an influence on the capital’s profitability utilized by a company and the measurementof their contribution in the manifestation of the phenomenon. The proposed analysis model is validated on the use caseof a representative company from the agricultural sector. The results obtained reveal that in a company there are somefactors which can act positively on the capitals’ profitability: capital turnover, sales efficiency, increase the share ofsales in the total revenues, improvement of the expenses’ efficiency. The findings are useful both for the decisionmakingfactors in substantiating the economic strategies and for the capital owners who are interested in efficiency oftheir investments.

  2. Increasing returns and the new world of business.

    Science.gov (United States)

    Arthur, W B

    1996-01-01

    Our understanding of how markets and businesses operate was passed down to us more than a century ago by English economist Alfred Marshall. It is based on the assumption of diminishing returns: products or companies that get ahead in a market eventually run into limitations so that a predictable equilibrium of prices and market shares is reached. The theory was valid for the bulk-processing, smokestack economy of Marshall's day. But in this century, Western economies have gone from processing resources to processing information, from the application of raw energy to the application of ideas. The mechanisms that determine economic behavior have also shifted--from diminishing returns to increasing returns. Increasing returns are the tendency for that which is ahead to get further ahead and for that which is losing advantage to lose further advantage. If a product gets ahead, increasing returns can magnify the advantage, and the product can go on to lock in the market. Mechanisms of increasing returns exist alongside those of diminishing returns in all industries. But, in general, diminishing returns hold sway in the traditional, resource-processing industries. Increasing returns reign in the newer, knowledge-based industries. Modern economies have split into two interrelated worlds of business corresponding to the two types of returns. The two worlds have different economics. They differ in behavior, style, and culture. They call for different management techniques, strategies, and codes of government regulation. The author illuminates those differences by explaining how increasing returns operate in high tech and in service industries. He also offers advice to managers in knowledge-based markets.

  3. How time-driven activity-based costing (TDABC enables better use of existing resources in order to improve return on investment (ROI in modern healthcare and hence facilitates a sustainable healthcare system

    Directory of Open Access Journals (Sweden)

    Waago-Hansen C

    2014-04-01

    Full Text Available Background: An aging population, increasing costs and an ever-increasing demand for healthcare services carry with them an inherent need for optimal use of resources. When planning healthcare services, managers are faced with prioritization of available resources, in order to provide as much healthcare as possible from these. Without true insight into the costs of operating these, managers often have to rely on judgement calls. While some of these are sound, some might be wrong, because they are based on wrong assumptions and facts. The objective of this study was to describe how the cost analysis method TDABC enables informed management decisions based on facts, and how such results may facilitate a better use of existing resources, and hence improve ROI for the society in question as a whole. Methods: The cost analysis tool TDABC was used in an outpatient clinic at a psychiatric hospital in Norway. Clinicians and admin staff were interviewed and observed, and the hospital gave access to any financial data needed. Results: The results from a TDABC analysis equip the analysed department with true data on operational costs. In this study, TDABC highlighted the great difference in costs to the department of routine tasks equally well performed by different professionals, and revealed several opportunities for performance improvement. Conclusions: By utilizing TDABC, managers have a valuable toolset in order to gain a true insight into the operational costs of their department, thus optimize the cost/benefit ratio throughout the department, and hence increase ROI.

  4. 76 FR 62689 - Tax Return Preparer Penalties Under Section 6695

    Science.gov (United States)

    2011-10-11

    ..., 2008, as TD 9436, 73 FR 78430 (the December 2008 final regulations). The December 2008 final... Internal Revenue Service 26 CFR Part 1 RIN 1545-BK16 Tax Return Preparer Penalties Under Section 6695... regulations related to the tax return preparer penalties under section 6695 of the Internal Revenue Code...

  5. 76 FR 78816 - Tax Return Preparer Penalties Under Section 6695

    Science.gov (United States)

    2011-12-20

    ... FR 62689, on October 11, 2011 (the NPRM). A public hearing was scheduled for November 7, 2011. The... Internal Revenue Service 26 CFR Part 1 RIN 1545-BK16 Tax Return Preparer Penalties Under Section 6695... contains final regulations that modify existing regulations related to the tax return preparer...

  6. Risk and return in the post-crisis world.

    Science.gov (United States)

    Jarvis, William F

    2014-05-01

    In the wake of the global financial crisis, the actions of leading central banks appear to have modified some of the long-established relationships between risk and return. But those principles may reassert themselves in the coming years as the financial environment returns to longstanding earlier patterns. PMID:24851463

  7. Low back pain, workplace intervention & return-to-work

    NARCIS (Netherlands)

    Anema, J.R.

    2004-01-01

    What is the role of treating physicians and therapists with respect to return-to-work when they are treating with chronic LBP? Do workers with ergonomic interventions return to work more quickly for a long-lasting period compared to workers without these interventions? We are going to conduct a stud

  8. Linear Factor Models and the Estimation of Expected Returns

    NARCIS (Netherlands)

    Sarisoy, Cisil; de Goeij, Peter; Werker, Bas

    2015-01-01

    Estimating expected returns on individual assets or portfolios is one of the most fundamental problems of finance research. The standard approach, using historical averages,produces noisy estimates. Linear factor models of asset pricing imply a linear relationship between expected returns and exposu

  9. Returns to Scale and Economies of Scale: Further Observations.

    Science.gov (United States)

    Gelles, Gregory M.; Mitchell, Douglas W.

    1996-01-01

    Maintains that most economics textbooks continue to repeat past mistakes concerning returns to scale and economies of scale under assumptions of constant and nonconstant input prices. Provides an adaptation for a calculus-based intermediate microeconomics class that demonstrates the pointwise relationship between returns to scale and economies of…

  10. Low Cost Mars Sample Return Utilizing Dragon Lander Project

    Science.gov (United States)

    Stoker, Carol R.

    2014-01-01

    We studied a Mars sample return (MSR) mission that lands a SpaceX Dragon Capsule on Mars carrying sample collection hardware (an arm, drill, or small rover) and a spacecraft stack consisting of a Mars Ascent Vehicle (MAV) and Earth Return Vehicle (ERV) that collectively carry the sample container from Mars back to Earth orbit.

  11. 27 CFR 25.164 - Quarterly and semimonthly returns.

    Science.gov (United States)

    2010-04-01

    .... 5051 and 7652 under the same Employer Identification Number as defined in 26 CFR 301.7701-12. (2... BUREAU, DEPARTMENT OF THE TREASURY LIQUORS BEER Tax on Beer Preparation and Remittance of Tax Returns... on beer (unless prepaid) by return on Form 5000.24. The brewer shall file Form 5000.24 as a...

  12. Annotated Bibliography on Return Migration to Puerto Rico.

    Science.gov (United States)

    Carrasquillo, Angela; Carrasquillo, Ceferino

    This paper is an annotated bibliography on return migration from the mainland United States to Puerto Rico. An introduction defines the term "return migration" in the specific context of the Puerto Rican community. The introduction is followed by the bibliography, which lists and summarizes research studies and works dealing with demographic data…

  13. Selectivity of Black Return Migration to the South

    Science.gov (United States)

    Long, Larry H.; Hansen, Kristin A.

    1977-01-01

    The probability of blacks moving from the South has been directly related to years of school completed. Of those who leave, the most highly educated are the most likely to return. This and other evidence fails to support the hypothesis that return of the least capable migrants accounts for why southern-born blacks in the North earn more than…

  14. Moving to the Country: Return Migration to a Rural Area.

    Science.gov (United States)

    Mapstone, James R.

    Study objectives were to: compare in-migrants with non-migrants in order to ascertain the migrants' demographic and socioeconomic contributions to rural areas; analyze the patterns of this in-migration to determine the presence and extent of return migration; contrast returned migrants with in-migrants who had no prior residence in the rural area;…

  15. The Determinants of Return Migration: Evidence for Kosovo

    Directory of Open Access Journals (Sweden)

    Ardiana Gashi

    2015-12-01

    Full Text Available Return migration represents a potentially important contributor to economic development for countries that are large exporters of labor. This paper provides an analysis of the determinants of return migration to Kosovo, a country with an especially high level of recent emigration. The findings of this investigation suggest that there is a non-linear relationship between the age of the migrant and their probability of returning. In addition, the more educated migrants and those that have acquired additional education whilst abroad are more likely to return, whereas recent migrants, those that possess permanent resident status and have their family abroad are less likely to return. As expected, the stronger the family ties of a migrant with their home country, the more likely they are to return. Finally, migrants that are expected to invest in businesses in Kosovo are more inclined to return. Together these findings suggest that return migration may be an important contributor to economic development in Kosovo and policies are outlined that could strengthen this contribution.

  16. Social Dynamics of Return Migration to Puerto Rico.

    Science.gov (United States)

    de Cintron, Celia Fernandez; Vales, Pedro A.

    The sociological elements associated with the process of return migration such as the motivations responsible for, or associated not only with return migration but with the migration process in general, are addressed in this investigation. Among the questions that guide the research problem are the following: the meaning of migration and of return…

  17. The distribution-free newsboy problem with resalable returns

    NARCIS (Netherlands)

    J. Mostard (Julien); R.H. Teunter (Ruud); M.B.M. de Koster (René)

    2003-01-01

    textabstractWe study the case of a catalogue/internet mail order retailer selling seasonal products and receiving large numbers of commercial returns. Returned products arriving before the end of the selling season can be resold if there is sufficient demand. A single order is placed before the seas

  18. Non-Returning Special Students: A Follow-up Study.

    Science.gov (United States)

    Gell, Robert L.; And Others

    In order to establish baseline data for a continuing examination of non-returning students at Montgomery College, questionnaires were sent to 570 "special students"--students not matriculated in a particular curriculum and who do not intend to complete a degree or certificate--who attended the college during spring 1970 but did not return for the…

  19. Changing Returns to Education in Spain During the 1980s.

    Science.gov (United States)

    Vila, Luis-Eduardo; Mora, Jose-Gines

    1998-01-01

    Presents evidence on returns to education for Spanish employees during the 1980s, a period of remarkable structural transformation. Results show a declining payoff to education between 1981 and 1991 for lower and intermediate educational levels. Higher education does not show a reduction in return. Earnings inequality by gender declined noticeably…

  20. Risk-Return Trade-Off for European Stock Markets

    DEFF Research Database (Denmark)

    Aslanidis, Nektarios; Christiansen, Charlotte; Savva, Christos S.

    -order moments as additional measures of risk. The preferred combination of factors varies across countries. In the linear model, there is a strong but negative relation between conditional returns and conditional volatility. A Markov switching model describes the risk-return trade-off well. A number...

  1. Educational Expansion and the Returns to Education: Evidence from Cyprus.

    Science.gov (United States)

    Demetriades, Euripides L.; Psacharopoulos, George

    1987-01-01

    Reports on a study that compared returns to education in the government controlled area of Cyprus as measured in 1974 and again in 1984 after considerable educational expansion. Average salary per year of school is reported for males and females. Overall returns to education decreased during this decade. (CH)

  2. Return handling options and order quantities for single period products

    NARCIS (Netherlands)

    D. Vlachos (Dimitrios); R. Dekker (Rommert)

    2000-01-01

    textabstractProducts which are sold through E-commerce or mail sales catalogues tend to have a much higher return rate than traditional products. The returns are especially problematic for seasonal products. To support decision making in these situations we study various options, which may be consid

  3. Return to the Workforce Following First Hospitalization for Heart Failure

    DEFF Research Database (Denmark)

    Rørth, Rasmus; Wong, Chih; Sørensen, Kristian Dahl Kragholm;

    2016-01-01

    BACKGROUND: -Return to work is important financially, as a marker of functional status and for self-esteem in patients developing chronic illness. We examined return to work after first heart failure (HF) hospitalization. METHODS: -By individual-level linkage of nationwide Danish registries, we...

  4. Portfolio Management for a Random Field of Bond Returns

    OpenAIRE

    Vladislav Kargin

    2003-01-01

    A new method of bond portfolio optimization is described. The method is based on stochastic string models of bond returns. It is shown how to approximate the bond return correlation function with Padé approximations and how to compute the optimal portfolio allocation using Wiener-Hopf factorization. The technique is illustrated with an example of the Treasury bond portfolio.

  5. 19 CFR 191.164 - Return to Customs custody.

    Science.gov (United States)

    2010-04-01

    ... 19 Customs Duties 2 2010-04-01 2010-04-01 false Return to Customs custody. 191.164 Section 191.164 Customs Duties U.S. CUSTOMS AND BORDER PROTECTION, DEPARTMENT OF HOMELAND SECURITY; DEPARTMENT OF THE... to Sample or Specifications § 191.164 Return to Customs custody. There is no time limit for...

  6. Non-Returning Student Interview Study and RSC's Institutional Effectiveness.

    Science.gov (United States)

    Russell, Suzi; Slark, Julie

    In 1989, staff from Rancho Santiago College's (RSC's) research office conducted telephone interviews with a random sample of 255 out of the 17,359 former students who attended RSC in spring 1989 but did not return for the next semester. The study was conducted to determine why students did not return, whether they accomplished their educational…

  7. 77 FR 70835 - Centennial Challenges 2013 Sample Return Robot Challenge

    Science.gov (United States)

    2012-11-27

    ... SPACE ADMINISTRATION Centennial Challenges 2013 Sample Return Robot Challenge AGENCY: National... in accordance with 51 U.S.C. 20144(c). The 2013 Sample Return Robot Challenge is scheduled and teams... Robot Challenge is a prize competition designed to encourage development of new technologies...

  8. Global Investing: Diversification Enhances Return and Controls Risk.

    Science.gov (United States)

    Morrell, Louis R.

    1995-01-01

    As the business environment becomes more global, so should a college or university's investment portfolio. Global diversification is becoming increasingly important in controlling risk and enhancing return. This article examines the size of bond markets and returns on bond investments in several nations, performance of world equity markets, and…

  9. Perspectives of refugees in Dadaab on returning to Somalia

    Directory of Open Access Journals (Sweden)

    Caroline Abu Sa’Da

    2014-02-01

    Full Text Available MSF recently asked Somali refugees in Dadaab’s Dagahaley camp about their living conditions and their thoughts about returning to Somalia in the near future. The responses suggest that bad living conditions in the camp are not conducive to wanting to return, despite a widespread belief to the contrary.

  10. 29 CFR 825.311 - Intent to return to work.

    Science.gov (United States)

    2010-07-01

    ... 29 Labor 3 2010-07-01 2010-07-01 false Intent to return to work. 825.311 Section 825.311 Labor... AND MEDICAL LEAVE ACT OF 1993 Employee and Employer Rights and Obligations Under the Act § 825.311 Intent to return to work. (a) An employer may require an employee on FMLA leave to report periodically...

  11. 31 CFR 10.28 - Return of client's records.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 1 2010-07-01 2010-07-01 false Return of client's records. 10.28 Section 10.28 Money and Finance: Treasury Office of the Secretary of the Treasury PRACTICE BEFORE THE INTERNAL REVENUE SERVICE Duties and Restrictions Relating to Practice Before the Internal Revenue Service § 10.28 Return of client's records. (a)...

  12. How to Determine the Increasing Returns Sensitivity of Your Industry?

    NARCIS (Netherlands)

    M.H. Klein (Martin); E. den Hartigh; H.R. Commandeur (Harry); F. Langerak (Fred)

    2004-01-01

    textabstractIncreasing returns means that self-reinforcing mechanisms are at work within firms and markets. These mechanisms come in four forms: scale effects, learning effects, network effects and social interaction effects. Some industries are more sensitive to increasing returns than others. It i

  13. Risk and return in the post-crisis world.

    Science.gov (United States)

    Jarvis, William F

    2014-05-01

    In the wake of the global financial crisis, the actions of leading central banks appear to have modified some of the long-established relationships between risk and return. But those principles may reassert themselves in the coming years as the financial environment returns to longstanding earlier patterns.

  14. Radioisotope Electric Propulsion for Deep Space Sample Return

    Energy Technology Data Exchange (ETDEWEB)

    Noble, Robert J.; /SLAC

    2009-07-14

    The need to answer basic questions regarding the origin of the Solar System will motivate robotic sample return missions to destinations like Pluto, its satellite Charon, and objects in the Kuiper belt. To keep the mission duration short enough to be of interest, sample return from objects farther out in the Solar System requires increasingly higher return velocities. A sample return mission involves several complicated steps to reach an object and obtain a sample, but only the interplanetary return phase of the mission is addressed in this paper. Radioisotope electric propulsion is explored in this parametric study as a means to propel small, dedicated return vehicles for transferring kilogram-size samples from deep space to Earth. Return times for both Earth orbital rendezvous and faster, direct atmospheric re-entry trajectories are calculated for objects as far away as 100 AU. Chemical retro-rocket braking at Earth is compared to radioisotope electric propulsion but the limited deceleration capability of chemical rockets forces the return trajectories to be much slower.

  15. Consumer returns policies with endogenous deadline and supply chain coordination

    DEFF Research Database (Denmark)

    Xu, Lei; Li, Yongjian; Govindan, Kannan;

    2015-01-01

    on consumers' behavior and the pricing and inventory policies of the retailer are systematically investigated. Moreover, based on the analysis of consumer return behavior on a traditional buy-back contract, we present a new differentiated buy-back contract, contingent on return deadline, to coordinate a supply......This paper considers returns policies under which consumers' valuation depends on the refund amount they receive and the length of time theymustwait after the item is returned. Consumers face an uncertain valuation before purchase, and the realization of that purchase's value occurs only after...... chain consisting of an upstream manufacturer and a downstream retailer. Finally, extensions on some specific behavioral factors such as moral hazard, inertia return, and external effect are investigated....

  16. Long memory in return structures from developed markets

    Directory of Open Access Journals (Sweden)

    Mousumi Bhattacharya

    2013-05-01

    Full Text Available The present study aimed at investigating the existence of long memory properties in ten developed stock markets across the globe. When return series exhibit long memory, the series realizations are not independent over time and past returns can help predict future returns, thus violating the market efficiency hypothesis. It poses a serious challenge to the supporters of random walk behavior of the stock returns indicating a potentially predictable component in the series dynamics. We computed Hurst-Mandelbrot's Classical R/S statistic, Lo's statistic and semi parametric GPH statistic using spectral regression. The findings suggest existence of long memory in volatility and random walk for logarithmic return series in general for all the selected stock market indices. Findings are in line with the stylized facts of financial time series.

  17. A SHARIA RETURN AS AN ALTERNATIVE INSTRUMENT FOR MONETARY POLICY

    Directory of Open Access Journals (Sweden)

    Ashief Hamam

    2011-09-01

    Full Text Available Rapid development in Islamic financial industry has not been supported by sharia monetary policy instruments. This study looks at the possibility of sharia returns as the instrument. Using both error correction model and vector error correction model to estimate the data from 2002(1 to 2010(12, this paper finds that sharia return has the same effect as the interest rate in the demand for money. The shock effect of sharia return on broad money supply, Gross Domestic Product, and Consumer Price Index is greater than that of interest rate. In addition, these three variables are more quickly become stable following the shock of sharia return. Keywords: Sharia return, islamic financial system, vector error correction modelJEL classification numbers: E52, G15

  18. Factor Structure in Commodity Futures Return and Volatility

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Lunde, Asger; Olesen, Kasper Vinther

    Using data on more than 750 million futures trades during 2004-2013, we analyze eight stylized facts of commodity price and volatility dynamics in the post financialization period. We pay particular attention to the factor structure in returns and volatility and to commodity market integration with...... the equity market. We find evidence of a factor structure in daily commodity futures returns. However, the factor structure in daily commodity futures volatility is even stronger than in returns. When computing model-free realized commodity betas with the stock market we find that they were high...... during 2008-2010 but have since returned to the pre-crisis level close to zero. The common factor in commodity volatility is nevertheless clearly related to stock market volatility. We conclude that, while commodity markets appear to again be segmented from the equity market when only returns are...

  19. 76 FR 17521 - Specified Tax Return Preparers Required To File Individual Income Tax Returns Using Magnetic Media

    Science.gov (United States)

    2011-03-30

    ... proposed rulemaking (REG-100194-10) was published in the Federal Register (75 FR 75439) on December 3, 2010... Internal Revenue Service 26 CFR Parts 1 and 301 RIN 1545-BJ52 Specified Tax Return Preparers Required To File Individual Income Tax Returns Using Magnetic Media AGENCY: Internal Revenue Service...

  20. 75 FR 75439 - Specified Tax Return Preparers Required To File Individual Income Tax Returns Using Magnetic Media

    Science.gov (United States)

    2010-12-03

    ... Federal Register (75 FR 60309-01). This document also provides a notice of a public hearing on these... Internal Revenue Service 26 CFR Parts 1 and 301 RIN 1545-BJ52 Specified Tax Return Preparers Required To File Individual Income Tax Returns Using Magnetic Media AGENCY: Internal Revenue Service...

  1. 26 CFR 301.6103(l)-1 - Disclosure of returns and return information for purposes other than tax administration.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Disclosure of returns and return information for purposes other than tax administration. 301.6103(l)-1 Section 301.6103(l)-1 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) PROCEDURE AND ADMINISTRATION PROCEDURE...

  2. 26 CFR 301.6103(c)-1 - Disclosure of returns and return information to designee of taxpayer.

    Science.gov (United States)

    2010-04-01

    ... Revenue Service (as defined in Treasury Department Circular No. 230, 31 CFR part 10). For disclosures in... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Disclosure of returns and return information to... a consent to the disclosure by the Internal Revenue Service, to the State agency, of...

  3. Return migration as failure or success? : The determinants of return migration intentions among Moroccan migrants in Europe

    NARCIS (Netherlands)

    de Haas, H.; Fokkema, T.; Fihri, M.F.

    2015-01-01

    Different migration theories generate competing hypotheses with regard to determinants of return migration. While neoclassical migration theory associates migration to the failure to integrate at the destination, the new economics of labour migration sees return migration as the logical stage after

  4. Bandwidth and Return Loss Improvement of H-shaped Patch Microstrip Antenna using EBG structure

    Directory of Open Access Journals (Sweden)

    Govind Bhai

    2015-09-01

    Full Text Available The future development of personal communication devices will aim to provide image, speech and data anywhere around the world at any time. This indicates that the future communication terminal antennas must meet the requirements of wideband to sufficiently cover the possible operating bands. The aim of this paper is to improve the bandwidth and return loss of H-shaped patch microstrip antenna using EBG structure on ground plane. EBG structure is a periodic arrangement of dielectric materials and metallic conductors on ground plane of antennas. Microstrip antennas mounted can radiate only a small amount of its power into free space as more power leakage through the dielectric substrate. To improve the efficiency of the antenna, the propagation through the substrate must be prohibited so the antenna can radiate more power towards the main beam direction and hence improve its efficiency. As the proposed antenna has resonant frequency at 2.496 GHz so suitable for ISMband applications. For designing this, we uses CST software tool. The designed antenna offers much improved bandwidth of 59.9 MHz and return loss is -30.02 dB as compared to conventional H-shaped patch microstrip antenna which having bandwidth of 33 MHz and return loss is -12.43 dB.

  5. S-band and Ku-band return service interference between TDRSS users

    Science.gov (United States)

    Harrell, Linda

    1994-01-01

    The Tracking Data Relay Satellite System (TDRSS) return service performance can be degraded by interference from another user when two or more spacecraft communicate with the same Tracking Data Relay Satellite (TDRS) at the same time. This paper describes the S-band and Ku-band return service self interference environment expected in the 1996 - 2010 timeframe and shows the self-interference expected for selected TDRSS users based on Communications Link Analysis and Simulation System (CLASS) Automated Conflict Resolution System (ACRS) and Interference Monitor (IM) tools. The results show: which user links are susceptible to interference from other users, the interference statistics, and whether or not interference can be avoided with appropriate interference mitigation techniques such as scheduling, cross-polarization, or Pseudo random Noise (PN) spreading. The analysis results enable Space Network (SN) managers to determine the impacts of self-interference on the TDRSS service availability. They also enable project offices to determine whether they should select return service communications parameters, such as polarization and PN spreading, to minimize the probability of being impacted by self-interference; try to schedule TDRSS support around other user spacecraft communications schedules; or accept communication outages due to self-interference.

  6. A Clinical Service to Support the Return of Secondary Genomic Findings in Human Research

    Science.gov (United States)

    Darnell, Andrew J.; Austin, Howard; Bluemke, David A.; Cannon, Richard O.; Fischbeck, Kenneth; Gahl, William; Goldman, David; Grady, Christine; Greene, Mark H.; Holland, Steven M.; Hull, Sara Chandros; Porter, Forbes D.; Resnik, David; Rubinstein, Wendy S.; Biesecker, Leslie G.

    2016-01-01

    Human genome and exome sequencing are powerful research tools that can generate secondary findings beyond the scope of the research. Most secondary genomic findings are of low importance, but some (for a current estimate of 1%–3% of individuals) confer high risk of a serious disease that could be mitigated by timely medical intervention. The impact and scope of secondary findings in genome and exome sequencing will only increase in the future. There is considerable agreement that high-impact findings should be returned to participants, but many researchers performing genomic research studies do not have the background, skills, or resources to identify, verify, interpret, and return such variants. Here, we introduce a proposal for the formation of a secondary-genomic-findings service (SGFS) that would support researchers by enabling the return of clinically actionable sequencing results to research participants in a standardized manner. We describe a proposed structure for such a centralized service and evaluate the advantages and challenges of the approach. We suggest that such a service would be of greater benefit to all parties involved than present practice, which is highly variable. We encourage research centers to consider the adoption of a centralized SGFS. PMID:26942283

  7. Different forms, reasons and motivations for return migration of persons who voluntarily decide to return to their countries of origin.

    Science.gov (United States)

    Callea, S

    1986-03-01

    Although the 1973 oil crisis did not have the drastic effects on immigration which were originally feared, it did end a period of quasi-liberal immigration policy, establish intense and effective international cooperation on immigration, and arouse great interest in immigration studies and research. This paper analyzes the situations arising as a result of the petroleum shortage and focuses on the conditions relating to the return of emigrants to Southern European countries. This new research draws attention to the following fundamental aspects of the immigration problem: 1) the emigrant's return to his homeland cannot be considered a factor in development; it is a positive element in development only if the right socioeconomic conditions exist in the country of origin. 2) Concern for children's education is one of the most common reasons for return. 3) A large percentage of emigrants are satisfied with their work abroad. 4) An emigrant's return potential is wasted due to the slight use that is made of the resources he offers. 5) Returning workers most often want to set up an independent enterprise. 6) Savings are generally used to buy a house or farm. 7) Vocational level does not increase significantly between emigration and returning, though this increase becomes greater the longer the emigrant stays abroad. 8) The number of returning emigrants is too slight to bring about any change in the country of origin. 9) Incentives and subsidies to encourage return have not had a considerable impact on the decision to return. Callea recommends that officials of the country of origin posted abroad be assigned to counsel returning emigrants on finding employment, attending vocational development courses, obtaining housing, accruing interests and savings, and on the problems and perspectives of sociocultural reintegration. PMID:12314946

  8. Long memory in the Croatian and Hungarian stock market returns

    Directory of Open Access Journals (Sweden)

    Silvo Dajčman

    2012-06-01

    Full Text Available The objective of this paper is to analyze and compare the fractal structure of the Croatian and Hungarian stock market returns. The presence of long memory components in asset returns provides evidence against the weak-form of stock market efficiency. The starting working hypothesis that there is no long memory in the Croatian and Hungarian stock market returns is tested by applying the Kwiatkowski-Phillips-Schmidt-Shin (KPSS (1992 test, Lo’s (1991 modified rescaled range (R/S test, and the wavelet ordinary least squares (WOLS estimator of Jensen (1999. The research showed that the WOLS estimator may lead to different conclusions regarding long memory presence in the stock returns from the KPSS and unit root tests or Lo’s R/S test. Furthermore, it proved that the fractal structure of individual stock returns may be masked in aggregated stock market returns (i.e. in returns of stock index. The main finding of the paper is that both the Croatian stock index Crobex and individual stocks in this index exhibit long memory. Long memory is identified for some stocks in the Hungarian stock market as well, but not for the stock market index BUX. Based on the results of the long memory tests, it can be concluded that while the Hungarian stock market is weakform efficient, the Croatian stock market is not.

  9. Risk-return relationship in a complex adaptive system.

    Science.gov (United States)

    Song, Kunyu; An, Kenan; Yang, Guang; Huang, Jiping

    2012-01-01

    For survival and development, autonomous agents in complex adaptive systems involving the human society must compete against or collaborate with others for sharing limited resources or wealth, by using different methods. One method is to invest, in order to obtain payoffs with risk. It is a common belief that investments with a positive risk-return relationship (namely, high risk high return and vice versa) are dominant over those with a negative risk-return relationship (i.e., high risk low return and vice versa) in the human society; the belief has a notable impact on daily investing activities of investors. Here we investigate the risk-return relationship in a model complex adaptive system, in order to study the effect of both market efficiency and closeness that exist in the human society and play an important role in helping to establish traditional finance/economics theories. We conduct a series of computer-aided human experiments, and also perform agent-based simulations and theoretical analysis to confirm the experimental observations and reveal the underlying mechanism. We report that investments with a negative risk-return relationship have dominance over those with a positive risk-return relationship instead in such a complex adaptive systems. We formulate the dynamical process for the system's evolution, which helps to discover the different role of identical and heterogeneous preferences. This work might be valuable not only to complexity science, but also to finance and economics, to management and social science, and to physics.

  10. Risk-return relationship in a complex adaptive system.

    Directory of Open Access Journals (Sweden)

    Kunyu Song

    Full Text Available For survival and development, autonomous agents in complex adaptive systems involving the human society must compete against or collaborate with others for sharing limited resources or wealth, by using different methods. One method is to invest, in order to obtain payoffs with risk. It is a common belief that investments with a positive risk-return relationship (namely, high risk high return and vice versa are dominant over those with a negative risk-return relationship (i.e., high risk low return and vice versa in the human society; the belief has a notable impact on daily investing activities of investors. Here we investigate the risk-return relationship in a model complex adaptive system, in order to study the effect of both market efficiency and closeness that exist in the human society and play an important role in helping to establish traditional finance/economics theories. We conduct a series of computer-aided human experiments, and also perform agent-based simulations and theoretical analysis to confirm the experimental observations and reveal the underlying mechanism. We report that investments with a negative risk-return relationship have dominance over those with a positive risk-return relationship instead in such a complex adaptive systems. We formulate the dynamical process for the system's evolution, which helps to discover the different role of identical and heterogeneous preferences. This work might be valuable not only to complexity science, but also to finance and economics, to management and social science, and to physics.

  11. The Prevalence of Norovirus in returning international travelers with diarrhea

    Directory of Open Access Journals (Sweden)

    Löscher Thomas

    2010-05-01

    Full Text Available Abstract Background There is a high incidence of diarrhea in traveling populations. Norovirus (NV infection is a common cause of diarrhea and is associated with 7% of all diarrhea related deaths in the US. However, data on the overall prevalence of NV infection in traveling populations is limited. Furthermore, the prevalence of NV amongst travelers returning to Europe has not been reported. This study determined the prevalence of NV among international travelers returning to Germany from over 50 destinations in and outside Europe. Methods Stool samples of a total of 104 patients with a recent ( Results In our cohort, NV infection was detected in 15.7% of returning travelers with diarrhea. The closer to the date of return symptoms appeared, the higher the incidence of NV, ranging as high as 21.2% within the first four days after return. Conclusions In our cohort, NV infection was shown to be frequent among returning travelers especially in those with diarrhea, with over 1/5 of diarrhea patients tested positive for NV within the first four days after their return to Germany. Due to this prevalence, routine testing for NV infection and hygienic precautions may be warranted in this group. This is especially applicable to patients at an increased risk of spreading the disease, such as healthcare workers, teachers or food-handlers.

  12. Return to sport following anterior cruciate ligament reconstruction.

    Science.gov (United States)

    Feller, Julian; Webster, Kate E

    2013-02-01

    Rates of return to pre-injury sport following anterior cruciate ligament (ACL) reconstruction are less than might be expected from standard outcome measures and there appears to be a rapid decline in sporting participation after two to three years. There are many factors that influence whether an individual will return to sport following this type of surgery. They include not only surgical details and rehabilitation, but also social and psychological factors, as well as demographic characteristics. Age is of particular importance with older patients being less likely to resume their pre-injury sport. It is important that future research clearly identify the pre-injury characteristics of the study cohort when investigating return to sport, and also that there is consistent and precise terminology used to report rates of return to sporting activities. Little is known about how to determine when it is safe to return to sport following ACL reconstruction or how to predict whether an athlete will be able to successfully return to sport. Finally, it needs to be recognised that return to sport following ACL reconstruction is associated with a risk of further injury and the development of osteoarthritis.

  13. The Impact of Capital Structure on Stock Returns: International Evidence

    Directory of Open Access Journals (Sweden)

    Reza TAHMOORESPOUR

    2015-03-01

    Full Text Available This study examines the relationship between capital structure and stock returns of firms in the following eight countries in the Asia Pacific regionfor a period of 22 years from 1990 to 2012. The methodology is Panel Regression. The results indicate that the effect of capital structure depends on the nature of industry as well as market. In Australia, China, and Korea, return of companies in the Basic Material industry have negative relationship with debt to common equity. Long term debt to common equity positively affects the return of firms in Australia and Korea in the Basic Material industry.

  14. Managing product returns to achieve supply chain sustainability

    DEFF Research Database (Denmark)

    Shaharudin, Mohd Rizaimy; Govindan, Kannan; Zailani, Suhaiza;

    2015-01-01

    returns management as part of a comprehensive sustainability effort. The study is exploratory in nature based on five case studies of participating manufacturers in the automotive, and electrical and electronics industry in Malaysia. The interview results reveal that the five participating companies...... of product returns is pressing these companies to implement an effective product returns management program. Based on the primary and secondary data collected in this study, three propositions are developed for future research, which should be tested with a large empirical data set to strengthen...

  15. Price returns efficiency of the Shanghai A-Shares

    Science.gov (United States)

    Long, Wang Jiang; Jaaman, Saiful Hafizah; Samsudin, Humaida Banu

    2014-06-01

    Beta measured from the capital asset pricing model (CAPM) is the most widely used risk to estimate expected return. In this paper factors that influence Shanghai A-share stock return based on CAPM are explored and investigated. Price data of 312 companies listed on Shanghai Stock Exchange (SSE) from the year 2000 to 2011 are investigated. This study employed the Fama-MacBeth cross-sectional method to avoid weakness of traditional CAPM. In addition, this study improves the model by adjusting missing data. Findings of this study justifies that systematic risk can explain the portfolios' returns of China SSE stock market.

  16. Myth and reality: the return of Kosovan Albanians

    Directory of Open Access Journals (Sweden)

    Peter Marsden

    1999-08-01

    Full Text Available In public statements up until 25 June 1999, UNHCR voiced both its concern that refugees should not return prematurely and also its expectation that, despite warning refugees against an early return, the refugee camps in Macedonia would empty very quickly. The speed of the return over the following days confirmed UNHCR’s expectations and gave the impression of an undifferentiated mass response to NATO’s entry intoKosovo. The reality on the ground, however, has turned out to be quite different.

  17. The Return of the Blue Butterfly

    Science.gov (United States)

    Santos, Anabela

    2014-05-01

    The Return of the Blue Butterfly The English writer Charles Dickens once wrote: "I only ask to be free. The butterflies are free". But are they really? The work that I performed with a group of students from 8th grade, had a starting point of climate change and the implications it has on ecosystems. Joining the passion I have for butterflies, I realized that they are also in danger of extinction due to these climatic effects. Thus, it was easy to seduce my students wanting to know more. Luckily I found Dr. Paula Seixas Arnaldo, a researcher at the University of Trás-os-Montes and Alto Douro, who has worked on butterflies and precisely investigated this issue. Portugal is the southern limit of butterfly-blue (Phengaris alcon), and has been many years in the red book of endangered species. Butterfly-blue is very demanding of their habitat, and disappears very easily if ideal conditions are not satisfied. Increased fragmentation of landscapes and degradation of suitable habitats, are considered the greatest challenges of the conservation of Phengaris butterfly in Portugal. In recent decades, climate change has also changed butterfly-blue spatial distribution with a movement of the species northward to colder locations, and dispersion in latitude. Butterflies of Europe must escape to the North because of the heat. Dr. Paula Seixas Arnaldo and her research team began a project, completed in December 2013, wanted to preserve and restore priority habitats recognized by the European Union to help species in danger of disappearing with increasing temperature. The blue butterfly is extremely important because it is a key indicator of the quality of these habitats. In the field, the butterflies are monitored to collect all possible data in order to identify the key species. Butterflies start flying in early July and cease in late August. Mating takes about an hour and occurs in the first days of life. The gentian-peat (Gentiana pneumonanthe) serves as the host plant for

  18. 26 CFR 301.6103(l)(2)-2 - Disclosure of returns and return information to Department of Labor for purposes of research and...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Disclosure of returns and return information to... Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) PROCEDURE AND ADMINISTRATION PROCEDURE AND ADMINISTRATION Information and Returns Returns and Records § 301.6103(l)(2)-2 Disclosure...

  19. 26 CFR 301.6103(k)(9)-1 - Disclosure of returns and return information relating to payment of tax by credit card and debit...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Disclosure of returns and return information... Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) PROCEDURE AND... Disclosure of returns and return information relating to payment of tax by credit card and debit...

  20. 26 CFR 301.6103(l)(2)-1 - Disclosure of returns and return information to Pension Benefit Guaranty Corporation for purposes...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Disclosure of returns and return information to....6103(l)(2)-1 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED....6103(l)(2)-1 Disclosure of returns and return information to Pension Benefit Guaranty Corporation...

  1. 26 CFR 301.6103(j)(5)-1 - Disclosures of return information reflected on returns to officers and employees of the...

    Science.gov (United States)

    2010-04-01

    ... agriculture. 301.6103(j)(5)-1 Section 301.6103(j)(5)-1 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT... Returns Returns and Records § 301.6103(j)(5)-1 Disclosures of return information reflected on returns to...) General rule. Pursuant to the provisions of section 6103(j)(5) of the Internal Revenue Code and subject...

  2. 26 CFR 1.2-1 - Tax in case of joint return of husband and wife or the return of a surviving spouse.

    Science.gov (United States)

    2010-04-01

    ... or the return of a surviving spouse. 1.2-1 Section 1.2-1 Internal Revenue INTERNAL REVENUE SERVICE... return of husband and wife or the return of a surviving spouse. (a) Taxable year ending before January 1... wife, or the return of a surviving spouse as defined in section 2(b), the tax imposed by section...

  3. Cleaning Genesis Sample Return Canister for Flight: Lessons for Planetary Sample Return

    Science.gov (United States)

    Allton, J. H.; Hittle, J. D.; Mickelson, E. T.; Stansbery, Eileen K.

    2016-01-01

    Sample return missions require chemical contamination to be minimized and potential sources of contamination to be documented and preserved for future use. Genesis focused on and successfully accomplished the following: - Early involvement provided input to mission design: a) cleanable materials and cleanable design; b) mission operation parameters to minimize contamination during flight. - Established contamination control authority at a high level and developed knowledge and respect for contamination control across all institutions at the working level. - Provided state-of-the-art spacecraft assembly cleanroom facilities for science canister assembly and function testing. Both particulate and airborne molecular contamination was minimized. - Using ultrapure water, cleaned spacecraft components to a very high level. Stainless steel components were cleaned to carbon monolayer levels (10 (sup 15) carbon atoms per square centimeter). - Established long-term curation facility Lessons learned and areas for improvement, include: - Bare aluminum is not a cleanable surface and should not be used for components requiring extreme levels of cleanliness. The problem is formation of oxides during rigorous cleaning. - Representative coupons of relevant spacecraft components (cut from the same block at the same time with identical surface finish and cleaning history) should be acquired, documented and preserved. Genesis experience suggests that creation of these coupons would be facilitated by specification on the engineering component drawings. - Component handling history is critical for interpretation of analytical results on returned samples. This set of relevant documents is not the same as typical documentation for one-way missions and does include data from several institutions, which need to be unified. Dedicated resources need to be provided for acquiring and archiving appropriate documents in one location with easy access for decades. - Dedicated, knowledgeable

  4. Chaotic Properties of the Philippine Stock Exchange Index Returns

    Directory of Open Access Journals (Sweden)

    Jo-Hui Chen

    2015-03-01

    Full Text Available This study found evidences of chaos in the Philippine Stock Exchange Index (PSEi returns using three tests of chaotic behavior. The BDS test found that PSEi returns and ARMA residuals are not stochastic processes. With regards to the efficient market hypothesis (EMH, this paper cannot conclude the iid properties of GARCH residuals, except for the period of the Subprime Mortgage Crisis. The rescaled range (R/S analysis showed that most Hurst exponents of the PSEi returns, ARMA and GARCH residuals have chaotic tendencies and have trend-reinforcing series, but showed anti-persistence during crisis. Furthermore, the correlation dimension analyses supplemented the first two initial tests and showed that the correlation dimension does not converge to a stable value as the embedding dimension increases. Both values increased in relation with each other, further confirming that PSEi returns, ARMA and GARCH residuals are consistent with chaos.

  5. The global return current in a pulsar's magnetosphere

    Science.gov (United States)

    Barzilay, Yudith

    2016-08-01

    An open issue in pulsar's models is the current adjustment between the gap current and the global current that depends on the global structure of the pulsar's magnetosphere. Here I propose a mechanism for the global return current in pulsars.

  6. Daily happiness and stock returns: Some international evidence

    Science.gov (United States)

    Zhang, Wei; Li, Xiao; Shen, Dehua; Teglio, Andrea

    2016-10-01

    In this paper, we examine the relations between the daily happiness sentiment extracted from Twitter and the stock market performance in 11 international stock markets. By partitioning this happiness sentiment into quintiles from the least to the happiest days, we first show that the contemporary correlation coefficients between happiness sentiment and index return in the 4 and most-happiness subgroups are higher than that in least, 2 and 3-happiness subgroups. Secondly, the happiness sentiment can provide additional explanatory power for index return in the most-happiness subgroup. Thirdly, the daily happiness can granger-cause the changes in index return for the majority of stock markets. Fourthly, we find that the index return and the range-based volatility of the most-happiness subgroup are larger than those of other subgroups. These results highlight the important role of social media in stock market.

  7. Partial anomalous pulmonary venous return in patients with pulmonary hypertension

    International Nuclear Information System (INIS)

    Anomalous pulmonary venous return is an uncommon congenital malformation, and may be partial or total. Partial anomalous pulmonary venous return (PAPVR) is more common than total anomalous pulmonary venous return, and is often associated with other congenital cardiac anomalies. Whilst many patients with PAPVR remain asymptomatic, some may present in later age with symptoms related to left-to-right shunt, right heart failure and pulmonary hypertension. We report two cases of PAPVR detected on Computed Tomography Pulmonary Angiogram (CTPA) for the work up of pulmonary hypertension. The cases demonstrate that, although uncommon, partial anomalous pulmonary venous return can be a contributing factor to pulmonary hypertension and pulmonary veins should be carefully examined when reading a CTPA study.

  8. SPHERES Mars Orbiting Sample Return External Orbiting Capture Project

    Data.gov (United States)

    National Aeronautics and Space Administration — NASA's Mars Sample Return (MSR) mission scenario utilizes a small Orbiting Sample (OS) satellite, launched from the surface of Mars, which will rendezvous with an...

  9. Supply Chain Management of a Modular Product with Returns

    DEFF Research Database (Denmark)

    Ulku, M. Ali; Hsuan, Juliana; Yu, Dennis

    Modularity and returns relate to sustainability. In a retailer-manufacturer setting and when the demand for a returnable product depends on both price and modularity level, we develop a profit-maximizing stochastic model. The solution includes optimal expressions for the price, and the order quan...... quantity. We derive managerial insights from our structural and numerical results relating to the management of such a perishable product and its implications on sustainable supply chain management.......Modularity and returns relate to sustainability. In a retailer-manufacturer setting and when the demand for a returnable product depends on both price and modularity level, we develop a profit-maximizing stochastic model. The solution includes optimal expressions for the price, and the order...

  10. Nurses Returning to School: Motivators, Inhibitors and Job Satisfaction.

    Science.gov (United States)

    Harris, Patrick W; Burman, Mary E

    2016-01-01

    Health care employers and national nursing organizations are placing increased emphasis on nurses earning a baccalaureate degree or higher. This study examines the impact of motivators (professional and personal motivation), inhibitors (time constraints and employer discouragement), and job satisfaction on intent to return to school. Approximately half of the employed nurses in Wyoming were surveyed using a mailed questionnaire in the summer of 2013. Perceived employer discouragement and time constraints continued to play a direct role on intent to return to school regardless of nurse motivation or job satisfaction. However, motivation and job satisfaction also contributed to a nurse's intent to return to school. These results suggest that motivation and job satisfaction are significant regarding intent to return to school but can be limited by both perceived discouragement of one's employer and perceived time constraints. In order to meet the increasing demands of a better-educated nursing workforce, a shift in workplace dynamics may be warranted. PMID:27000192

  11. On-Board Pressurization Systems for Sample Return Missions Project

    Data.gov (United States)

    National Aeronautics and Space Administration — To-date, the realization of high-performance liquid bipropellant rocket engines for ascent vehicle and sample return applications has largely been hindered by the...

  12. 5 in 1 Drill For Mars Sample Return Mission Project

    Data.gov (United States)

    National Aeronautics and Space Administration — NASA is investigating a Mars Sample Return Mission, consisting of at least three separate missions: 1) Mars Astrobiology Explorer-Cacher, MAX-C (sample acquisition...

  13. Reusable science tools for analog exploration missions: xGDS Web Tools, VERVE, and Gigapan Voyage

    Science.gov (United States)

    Lee, Susan Y.; Lees, David; Cohen, Tamar; Allan, Mark; Deans, Matthew; Morse, Theodore; Park, Eric; Smith, Trey

    2013-10-01

    The Exploration Ground Data Systems (xGDS) project led by the Intelligent Robotics Group (IRG) at NASA Ames Research Center creates software tools to support multiple NASA-led planetary analog field experiments. The two primary tools that fall under the xGDS umbrella are the xGDS Web Tools (xGDS-WT) and Visual Environment for Remote Virtual Exploration (VERVE). IRG has also developed a hardware and software system that is closely integrated with our xGDS tools and is used in multiple field experiments called Gigapan Voyage. xGDS-WT, VERVE, and Gigapan Voyage are examples of IRG projects that improve the ratio of science return versus development effort by creating generic and reusable tools that leverage existing technologies in both hardware and software. xGDS Web Tools provides software for gathering and organizing mission data for science and engineering operations, including tools for planning traverses, monitoring autonomous or piloted vehicles, visualization, documentation, analysis, and search. VERVE provides high performance three dimensional (3D) user interfaces used by scientists, robot operators, and mission planners to visualize robot data in real time. Gigapan Voyage is a gigapixel image capturing and processing tool that improves situational awareness and scientific exploration in human and robotic analog missions. All of these technologies emphasize software reuse and leverage open source and/or commercial-off-the-shelf tools to greatly improve the utility and reduce the development and operational cost of future similar technologies. Over the past several years these technologies have been used in many NASA-led robotic field campaigns including the Desert Research and Technology Studies (DRATS), the Pavilion Lake Research Project (PLRP), the K10 Robotic Follow-Up tests, and most recently we have become involved in the NASA Extreme Environment Mission Operations (NEEMO) field experiments. A major objective of these joint robot and crew experiments is

  14. Predictability of Asset Returns and the Efficient Market Hypothesis

    OpenAIRE

    Pesaran, Mohammad Hashem

    2010-01-01

    This paper is concerned with empirical and theoretical basis of the Efficient Market Hypothesis (EMH). The paper begins with an overview of the statistical properties of asset returns at different frequencies (daily, weekly and monthly), and considers the evidence on return predictability, risk aversion and market efficiency. The paper then focuses on the theoretical foundation of the EMH, and show that market efficiency could co-exit with heterogeneous beliefs and individual irrationality so...

  15. The Behavior of stock returns in Turkey: 1986-1988

    OpenAIRE

    Başçı, Erdem

    1989-01-01

    Ankara : The Department of Management and the Graduate School of Business Administration of Bilkent Univ. , 1989. Thesis (Master's) -- Bilkent University, 1989. Includes bibliographical references leaves 45-48 This study investigates distributional and time series behavior of common stock returns in Istanbul Stock Exchange (ISE) for the period 1986-1988. The distributions of weekly price returns deviate from normality with sharp peaks, heavy tails and positive skewness. T...

  16. Engagement in mental health treatment among veterans returning from Iraq

    OpenAIRE

    Stecker, Tracy; Fortney, John; Hamilton, Francis; Sherbourne, Cathy D; Ajzen, Icek

    2010-01-01

    Objectives: Many veterans return from combat experiencing a variety of mental health concerns. Previous research has documented a stigma associated with seeking treatment that interferes with the decision to seek treatment. This study, conceptualized using the theory of planned behavior, assessed beliefs about mental health treatment in order to understand mental health treatment seeking behavior among a group of returning National Guard soldiers who served in the war in Iraq. Methods: Partic...

  17. Think About Tomorrow Morning: Opening Stock Returns May Show Reversals

    OpenAIRE

    Andrey Kudryavtsev

    2013-01-01

    In present study, I explore the dynamics of the interday stock price reversals. Employing intraday price data on thirty stocks currently making up the Dow Jones Industrial Index, I document that stock returns in opening trading sessions tend to be higher following days with relatively low (either negative, or lower than the same day's average and median for the total sample of stocks) open-to-close returns. This kind of price behavior seems to contradict stock market efficiency. Based on this...

  18. Socialization and residence: ethnic return migrants in Estonia

    OpenAIRE

    Hill Kulu

    2002-01-01

    In this paper I study the choice of residence of ethnic Estonians from the Soviet Union in Estonia. The aim is to clarify the extent to which the differences in the current residence of ethnic return migrants stem from their childhood growth environment. First, the groups of foreign-born Estonians are compared based on 1989 Soviet census data. The ethnic return migrants' place of residence is significantly related to their level of education and language skills: two variables corresponding to...

  19. The Economic Returns to Multiple Language Usage in Western Europe

    OpenAIRE

    Williams, Donald R.

    2006-01-01

    To what extent are there economic returns to learning a second or third language? Do the benefits differ according to country? This paper examines the return to multi-lingualism in the workplace. In particular, we estimate the effect that using an additional language in one’s job has on earnings for a sample of workers in the European Community Household Panel survey. Log-earnings regressions are estimated by country with controls for standard human capital, job, and personal characteristics....

  20. Workplace Social Relations in theReturn-to-Work process

    OpenAIRE

    Tjulin, Åsa

    2010-01-01

    The overall aim of this thesis was to explore the impact of workplace social relations on the implementation of return-to-work interventions. The thesis consists of four separate papers with specific aims. In Paper I, the overall purpose of the study was to analyse how a multi-stakeholder return-to-work programme was implemented and experienced from the perspective of the stakeholders involved, i.e. supervisors, occupational health consultants and a project coordinator. The objective was to i...

  1. Commonality in hedge fund returns: driving factors and implications

    OpenAIRE

    Bussiere, M.; Hoerova, M.; Klaus, B.

    2014-01-01

    We measure the commonality in hedge fund returns, identify its main driving factor and analyse its implications for financial stability. We find that hedge funds’ commonality increased significantly from 2003 until 2006. We attribute this rise mainly to the increase in hedge funds’ exposure to emerging market equities, which we identify as a common factor in hedge fund returns over this period. Our results show that funds with a high commonality were affected disproportionately by illiquidity...

  2. On the Predictability of Japanese Stock Returns using Dividend Yield

    OpenAIRE

    Aono, Kohei; Iwaisako, Tokuo

    2009-01-01

    The aim of this paper is to provide a critical and comprehensive reexamination of empirical evidence on the ability of the dividend yield to predict Japanese stock returns. Our empirical results suggest that in general, the predictability is weak. However, (1) if the bubble economy period (1986-1998), during which dividend yields were persistently lower than the historical average, is excluded from the sample, and (2) if positive autocorrelation in monthly aggregate returns is taken into acco...

  3. The persistence of abnormal returns at industry and firm levels

    OpenAIRE

    Bou, Juan Carlos; Satorra, Albert

    2003-01-01

    The present paper proposes a model for the persistence of abnormal returns both at firm and industry levels, when longitudinal data for the profits of firms classiffied as industries are available. The model produces a two- way variance decomposition of abnormal returns: (a) at firm versus industry levels, and (b) for permanent versus transitory components. This variance decomposition supplies information on the relative importance of the fundamental components of abnormal r...

  4. An update on multivariate return periods in hydrology

    OpenAIRE

    Gräler, Benedikt; Petroselli, Andrea; Grimaldi, Salvatore; De Baets, Bernard; Verhoest, Niko

    2016-01-01

    Many hydrological studies are devoted to the identification of events that are expected to occur on average within a certain time span. While this topic is well established in the univariate case, recent advances focus on a multivariate characterization of events based on copulas. Following a previous study, we show how the definition of the survival Kendall return period fits into the set of multivariate return periods.Moreover, we preliminary investigate the ability of the mu...

  5. Measuring Local Individual Housing Returns from a Large Transaction Database

    OpenAIRE

    Stéphane GREGOIR; Mathieu HUTIN; Tristan-Pierre MAURY; Genevièvre PRANDI

    2012-01-01

    Housing returns are an important element in households’ housing tenure choices (buy/rent) and investors’ portfolio compositions. Usually in the absence of individual data, practitioners resort to the ratio of the average of rents to transaction prices over large areas to proxy these returns, but this measure may not capture the different responses to shocks of each variable varying with the heterogenous characteristics of the dwellings, and it does not take into account the vacancy risk for t...

  6. Diversification, Cost Structure, and the Stock Returns of Multinational Corporations

    OpenAIRE

    Stefania Garetto; Lindsay Oldenski; Jose Fillat

    2013-01-01

    This paper investigates theoretically and empirically the relationship between the geographic structure of a multinational corporation and its stock market returns. We use a structural model to identify two main channels through which the fact of being a multinational firm affects returns. On the one hand, multinational activity offers diversification potential. On the other hand, there is cash flow risk arising from hysteresis and potential losses induced by sunk entry costs and fixed costs....

  7. Estimating the Ex Ante Expected Returns to College

    OpenAIRE

    Andrew J. Hussey; Swinton, Omari H

    2011-01-01

    Rather than estimating the returns to obtaining a college degree, this paper treats the college education decision as an uncertain investment involving varying likelihoods of successful graduation. We predict earnings conditional on both graduating and not graduating from both selective and non-selective institutions, and incorporate estimated individual-specific graduation rates in calculating the ex ante expected returns from college attendance for individuals across the ability distributio...

  8. Upper Bounds for Ruin Probability with Stochastic Investment Return

    Institute of Scientific and Technical Information of China (English)

    ZHANG Lihong

    2005-01-01

    Risk models with stochastic investment return are widely held in practice, as well as in more challenging research fields. Risk theory is mainly concerned with ruin probability, and a tight bound for ruin probability is the best for practical use. This paper presents a discrete time risk model with stochastic investment return. Conditional expectation properties and martingale inequalities are used to obtain both exponential and non-exponential upper bounds for the ruin probability.

  9. The Statistical Properties of Hedge Fund Index Returns

    OpenAIRE

    Chris Brooks; Harry M. Kat

    2001-01-01

    he monthly return distributions of many hedge fund indices exhibit highly unusual skewness and kurtosis properties as well as first-order serial correlation. This has important consequences for investors. We demonstrate that although hedge fund indices are highly attractive in mean-variance terms, this is much less the case when skewness, kurtosis and autocorrelation are taken into account. Sharpe Ratios will substantially overestimate the true risk-return performance of (portfolios containin...

  10. The determinants of stock returns in a small open economy

    OpenAIRE

    Cauchie, Séverine; Hoesli, Martin; Isakov, Dušan

    2009-01-01

    This paper examines the determinants of stock returns in a small open economy using an APT framework. The analysis is conducted for the Swiss stock market which has the particularity of including a large proportion of firms that are exposed to foreign economic conditions. Both a statistical and a macroeconomic implementation of the model are performed for the period 1986-2002 with monthly returns on industrial sector indices. The results show that the statistically determined factors yield a ...

  11. Stock Returns and Interest Rates: The Case of Greece

    OpenAIRE

    Harissis, H.F.

    1999-01-01

    This paper examines the influence of interest rate changes on stocks’ returns for seven portfolios, which have been constructed from various industries of the Greek Economy. For that purpose we use the two–factors model. The present paper, using the Augmented Market Model, aims at analysing stock returns of those Greek Economy industries that are listed at the Athens Stock Exchange with reference to the interest rate changes.

  12. Modelling economic returns to plant variety protection in the UK

    OpenAIRE

    Srinivasan, Chittur S.

    2012-01-01

    This paper attempts an empirical assessment of the incentive effects of plant variety protection regimes in the generation of crop variety innovations. A duration model of plant variety protection certificates is used to infer the private appropriability of returns from agricultural crop variety innovations in the UK over the period 1965-2000. The results suggest that plant variety protection provides only modest appropriability of returns to innovators of agricultural crop varieties. The val...

  13. The Information Content of Investors' Expectations for Risk and Return

    OpenAIRE

    Thomas Berry; Keith Jacks Gamble

    2013-01-01

    This study reveals the information content of individual investors' risk-adjusted return expectations. Although individual investors overestimate the performance of their stock purchases on an average, the cross-sectional variation in their risk-adjusted return expectations is predictive of future risk-adjusted stock performance. Stock purchases that investors expect to outperform the most do outperform the stock purchases that investors expect to outperform the least by an annualized alpha o...

  14. The Employability of Returning Citizens Is Key to Neighborhood Revitalization

    OpenAIRE

    Ergungor, O. Emre; Oliver, Nelson

    2013-01-01

    One problem low-income communities may face in trying to revitalize is dealing with a high share of residents who are returning home after serving prison terms. Returning citizens often concentrate in low-income areas, and they typically lack the education and skills needed to fi nd jobs. This Commentary reviews these and other barriers to employment, estimates the degree of unemployment, and describes some solutions emerging for this population.

  15. Selection in Return Migration: the Role of the Ethnic Networks

    OpenAIRE

    Majlinda Joxhe

    2012-01-01

    Selection in Return Migration: the Role of the Ethnic Networks Majlinda Joxhe Abstract This paper attempts to identify the peer effects of the ethnic networks on the migration process among return migrants. Exploring a simple theoretical model I show how the size of the network reduce the re-migration cost at different level of education, thus determine a diverse selection process. As Borjas (1985, 1987) evidence, migration is not randomly drawn from the distribution of the home country popul...

  16. Returns to Education and Human Capital Depreciation in Spain.

    OpenAIRE

    Ines P. Murillo

    2006-01-01

    The main objective of the present paper is to analise the differences in returns to education and rates of human capital depreciation between regions in Spain, during the period 1995-2002. To this end, the theoretical framework proposed by Raymond & Roig (2004) is used to incorporate the depreciation of human capital into the analysis of the private returns on education. Aditionally, the distinction between the two sources of human capital depreciation is approached by means of an estimation ...

  17. OOTW COST TOOLS

    Energy Technology Data Exchange (ETDEWEB)

    HARTLEY, D.S.III; PACKARD, S.L.

    1998-09-01

    This document reports the results of a study of cost tools to support the analysis of Operations Other Than War (OOTW). It recommends the continued development of the Department of Defense (DoD) Contingency Operational Support Tool (COST) as the basic cost analysis tool for 00TWS. It also recommends modifications to be included in future versions of COST and the development of an 00TW mission planning tool to supply valid input for costing.

  18. Pro Tools HD

    CERN Document Server

    Camou, Edouard

    2013-01-01

    An easy-to-follow guide for using Pro Tools HD 11 effectively.This book is ideal for anyone who already uses ProTools and wants to learn more, or is new to Pro Tools HD and wants to use it effectively in their own audio workstations.

  19. Software engineering tools.

    Science.gov (United States)

    Wear, L L; Pinkert, J R

    1994-01-01

    We have looked at general descriptions and illustrations of several software development tools, such as tools for prototyping, developing DFDs, testing, and maintenance. Many others are available, and new ones are being developed. However, you have at least seen some examples of powerful CASE tools for systems development.

  20. THE INFLUENCE OF CORPORATE FINANCIAL PERFORMANCE ON SHARE RETURN

    Directory of Open Access Journals (Sweden)

    Ghulam Nurul Huda

    2015-09-01

    Full Text Available This study was conducted to examine the effect of financial performances of Economic Value Added (EVA, Market Value Added (MVA as well as financial ratios (Fixed Asset Turnover, Return on Investment, Debt to Equity Ratio, Price to Book Value, Total Asset Turnover on Stock Return. This study used the data of six representative palm oil companies which were listed in Indonesia Stock Exchange. The analysis models that were used included three multiple regression equations for EVA, MVA and Stock Return. The results indicate that DER significantly influences EVA and PBV, and TATO significantly influences MVA. Return Shares are significantly only affected by EVA. The company's fundamentals, especially EVA, PBV, TATO and DER were used by investors to predict the Stock Return in Indonesia Stock Exchange in 2009–2014 period. This study confirmed the previous studies that these variables are involved on regression model to predict the Stock Return. The results of the analysis of the company's financial performance with EVA and MVA and financial fundamental variables provide a better alternative picture on the achievement of the company so that the benefits in investing in the palm oil business in Indonesia can be maximally managed.Keywords: Indonesia Stock Exchange, investor, market, multiple regression, stock

  1. Multifactor analysis of multiscaling in volatility return intervals

    Science.gov (United States)

    Wang, Fengzhong; Yamasaki, Kazuko; Havlin, Shlomo; Stanley, H. Eugene

    2009-01-01

    We study the volatility time series of 1137 most traded stocks in the U.S. stock markets for the two-year period 2001-2002 and analyze their return intervals τ , which are time intervals between volatilities above a given threshold q . We explore the probability density function of τ , Pq(τ) , assuming a stretched exponential function, Pq(τ)˜e-τγ . We find that the exponent γ depends on the threshold in the range between q=1 and 6 standard deviations of the volatility. This finding supports the multiscaling nature of the return interval distribution. To better understand the multiscaling origin, we study how γ depends on four essential factors, capitalization, risk, number of trades, and return. We show that γ depends on the capitalization, risk, and return but almost does not depend on the number of trades. This suggests that γ relates to the portfolio selection but not on the market activity. To further characterize the multiscaling of individual stocks, we fit the moments of τ , μm≡⟨(τ/⟨τ⟩)m⟩1/m , in the range of 10return but not on the number of trades, and its tendency is opposite to that of γ . Moreover, we show that δ decreases with increasing γ approximately by a linear relation. The return intervals demonstrate the temporal structure of volatilities and our findings suggest that their multiscaling features may be helpful for portfolio optimization.

  2. Investigating different factors influencing on return of private banks

    Directory of Open Access Journals (Sweden)

    Pegah Motamedi

    2013-09-01

    Full Text Available Return of Investment has always been an interesting area of research among academics as well as investors. Although capital asset pricing model (CAPM is capable of estimating risk of investment, many people argue that CAPM is not able to predict long-term return, properly. This paper presents an empirical investigation to find the effects of different financial figures including systematic risk (Beta, size of firm, ratio of book value to market share, volume of trade and the ratio of price/earnings (P/E on return of private banks in Iran. The study gathers the necessary information over the period 2005-2011 from private banks in Iran. The study uses multiple regression technique to find the effects of mentioned variables on return of private banks. The results indicate that there are some meaningful and positive relationship between return of banks and systematic risk (Beta, size, volume of trade and P/E. The study also finds some meaningful and reverse relationship between bank return and book value on market value.

  3. Jeagle: a JAVA Runtime Verification Tool

    Science.gov (United States)

    DAmorim, Marcelo; Havelund, Klaus

    2005-01-01

    We introduce the temporal logic Jeagle and its supporting tool for runtime verification of Java programs. A monitor for an Jeagle formula checks if a finite trace of program events satisfies the formula. Jeagle is a programming oriented extension of the rule-based powerful Eagle logic that has been shown to be capable of defining and implementing a range of finite trace monitoring logics, including future and past time temporal logic, real-time and metric temporal logics, interval logics, forms of quantified temporal logics, and so on. Monitoring is achieved on a state-by-state basis avoiding any need to store the input trace. Jeagle extends Eagle with constructs for capturing parameterized program events such as method calls and method returns. Parameters can be the objects that methods are called upon, arguments to methods, and return values. Jeagle allows one to refer to these in formulas. The tool performs automated program instrumentation using AspectJ. We show the transformational semantics of Jeagle.

  4. Pickering tool management system

    International Nuclear Information System (INIS)

    Tools were being deployed in the station with no process in effect to ensure that they are maintained in good repair so as to effectively support the performance of Maintenance activities. Today's legal requirements require that all employers have a process in place to ensure that tools are maintained in a safe condition. This is specified in the Ontario Health and Safety Act. The Pickering Tool Management System has been chosen as the process at Pickering N.D to manage tools. Tools are identified by number etching and bar codes. The system is a Windows application installed on several file servers

  5. Machine tool structures

    CERN Document Server

    Koenigsberger, F

    1970-01-01

    Machine Tool Structures, Volume 1 deals with fundamental theories and calculation methods for machine tool structures. Experimental investigations into stiffness are discussed, along with the application of the results to the design of machine tool structures. Topics covered range from static and dynamic stiffness to chatter in metal cutting, stability in machine tools, and deformations of machine tool structures. This volume is divided into three sections and opens with a discussion on stiffness specifications and the effect of stiffness on the behavior of the machine under forced vibration c

  6. Scheme Program Documentation Tools

    DEFF Research Database (Denmark)

    Nørmark, Kurt

    2004-01-01

    This paper describes and discusses two different Scheme documentation tools. The first is SchemeDoc, which is intended for documentation of the interfaces of Scheme libraries (APIs). The second is the Scheme Elucidator, which is for internal documentation of Scheme programs. Although the tools...... are separate and intended for different documentation purposes they are related to each other in several ways. Both tools are based on XML languages for tool setup and for documentation authoring. In addition, both tools rely on the LAML framework which---in a systematic way---makes an XML language available...

  7. INFLUENCE OF INVESTORS’ ATTENTION ON STOCK RETURN, LIQUIDITY, AND RETURN VOLATILITY COMPARISON BETWEEN MANUFACTURE COMPANIES IN INDONESIA AND INDIA

    OpenAIRE

    Puspita Sari, Noviana Icha

    2014-01-01

    This research aims to examine the influence of investors’ attention of company stock on stock return, liquidity, and return volatility comparison between manufacture companies in Indonesia and India in the year of 2011-2013. Investors’ attention is measured by a direct proxy which is Google Search Volume Index from Google trends. This research uses secondary data and processed by regression analysis. The samples are gathered from Indonesia stock exchange and India stock exchange. The result o...

  8. Biomimetic Signal Processing Using the Biosonar Measurement Tool (BMT)

    Science.gov (United States)

    Abawi, Ahmad T.; Hursky, Paul; Porter, Michael B.; Tiemann, Chris; Martin, Stephen

    2004-11-01

    In this paper data recorded on the Biosonar Measurement Tool (BMT) during a target echolocation experiment are used to 1) find ways to separate target echoes from clutter echoes, 2) analyze target returns and 3) find features in target returns that distinguish them from clutter returns. The BMT is an instrumentation package used in dolphin echolocation experiments developed at SPAWARSYSCEN. It can be held by the dolphin using a bite-plate during echolocation experiments and records the movement and echolocation strategy of a target-hunting dolphin without interfering with its motion through the search field. The BMT was developed to record a variety of data from a free-swimming dolphin engaged in a bottom target detection task. These data include the three dimensional location of the dolphin, including its heading, pitch roll and velocity as well as passive acoustic data recorded on three channels. The outgoing dolphin click is recorded on one channel and the resulting echoes are recorded on the two remaining channels. For each outgoing click the BMT records a large number of echoes that come from the entire ensonified field. Given the large number of transmitted clicks and the returned echoes, it is almost impossible to find a target return from the recorded data on the BMT. As a means of separating target echoes from those of clutter, an echo-mapping tool was developed. This tool produces an echomap on which echoes from targets (and other regular objects such as surface buoys, the side of a boat and so on) stack together as tracks, while echoes from clutter are scattered. Once these tracks are identified, the retuned echoes can easily be extracted for further analysis.

  9. Lacan's return to Freud - or turning away from him?

    Directory of Open Access Journals (Sweden)

    Eva D. Bahovec

    2015-12-01

    Full Text Available Freud defined his discovery as “the birth of psychoanalysis”, whereas Lacan defined his relation to Freud as “a return to Freud”. The main characteristic of this return was its orientation into the opposite direction of the American ego-psychology, its positive definition being a return to the “letter of Freud”, or a return through language, and all what Lévi-Strauss and Lacan called “the symbolic”. The paper aims to present a philosophical reading of Freud, and the question whether, in Lacan's “structural” return, something has not been lost, what might have been of crucial importance for the discovery of psychoanalysis as such. In this context, some of the main Freud's concepts, needed for such a re-examination of “Lacanian orientation”, are being discussed, focusing upon Freud's insistence that subjectivity has to be defined by sexual difference and sexuality, and that beyond men and women there is no universal Man or Subject as such. Freud's initial question “What does a woman want?” is contextualized through his other question “How one becomes woman?”, whereas Freud's epistemological hesitations around symmetry and asymmetry of sexual difference are related to philosophical category of the aleatory. The paper concludes with the conclusion that in this perspective Lacan's return to Freud could be characterized as a return to essentialism, or even to implicit antifeminism. In opposition to Lacan, Freud always insisted on the difference between women and men as something that cannot be explained, and that the notion of bisexuality should not be abandoned. Using Beauvoir's critique of Lévi-Strauss, Freud's hesitations and his undecidedness of symmetry or asymmetry is explained as ontological category of a chance without a cause, and as the most repressed part of what later Althusser addressed to as “the repressed current” of aleatory materialism.

  10. The EPSA Project Finance Mapping Tool

    Energy Technology Data Exchange (ETDEWEB)

    Hadley, Stanton W. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Chinthavali, Supriya [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2016-07-01

    The Energy Policy and Systems Analysis Office of DOE has requested a tool to compare the impact of various Federal policies on the financial viability of generation resources across the country. Policy options could include production tax credits, investment tax credits, solar renewable energy credits, tax abatement, accelerated depreciation, tax-free loans, and others. The tool would model the finances of projects in all fifty states, and possibly other geographic units like utility service territories and RTO/ISO territories. The tool would consider the facility s cost, financing, production, and revenues under different capital and market structures to determine things like levelized cost of energy, return on equity, and cost impacts on others (e.g., load-serving entities, society.) The tool would compare the cost and value of the facility to the local regional alternatives to determine how and where policy levers may provide sufficient incremental value to motivate investment. The results will be displayed through a purpose-built visualization that maps geographic variations and shows associated figures and tables.

  11. Estimating Risk and Return Combinations for New Derivatives Funds

    Directory of Open Access Journals (Sweden)

    Alexandre Bona

    2004-12-01

    Full Text Available Active funds are typically managed by placing bets against a well defined passive bench-mark. In this context, when examining the launching of a new actively managed fund with a target expected excess rate of return relative to the benchmark equal to µ, asset managers face the problem of estimating the risk σ of excess rates of return. This estimate is critical to examine whether the product is commercially feasible and to define risk limits for the manager, if the product is launched. This paper proceeds to examine the solution to this problem assuming an especial form of the binomial model, in the context of the market timing structure advanced by Merton (1981. The paper shows that two variables are relevant for the solution of the proposed problem. The first, and the most relevant, is the skill level of the manager. A ore skilled manager is able to operate a less risky product with the same target excess rate of return µ. The second relevant variable is the trade-off between risk and return determined by existing investment opportunities in the market. The smaller the increases in risk exposure required to obtain an increase in excess returns, the less risky the product will be After solving the problem under specific assumptions, the paper proceeds to test empirically their validity using a representative sample of hedge funds in the Brazilian market. The empirical results strongly support the validity of the required assumptions.

  12. IPO initial returns in China: Underpricing or overvaluation?

    Institute of Scientific and Technical Information of China (English)

    Shunlin; Song; JinSong; Tan; Yang; Yi

    2014-01-01

    This paper separates the amount of IPO underpricing(primary market underpricing) and overvaluation(secondary market overvaluation) from the value of an IPO’s initial return to evaluate the relative importance of these two factors and their main determinants. Using data on the IPOs of 948 Chinese firms, we find that average initial returns are 66% and that underpricing and overvaluation are between 14–22% and 44–53%, respectively, depending on the method used to assess firms’ intrinsic values. In addition, while both the value of the initial return and the extent of overvaluation are significantly negatively related to post-IPO long-run stock performance, overvaluation can predict post-IPO performance better than the value of the initial return. Value uncertainty in IPOs is positively related to both underpricing and overvaluation, and both the underwriter’s reputation and the existence of pricing regulation are positively related to underpricing. Investor sentiment has a positive effect on overvaluation but has no effect or a negative effect on underpricing. Overall, our results suggest that in China overvaluation accounts for a larger proportion of the initial return than underpricing,and that underpricing and overvaluation have different determinants.

  13. Signature management of radar returns from wind turbine generators

    Science.gov (United States)

    Tennant, A.; Chambers, B.

    2006-04-01

    The large radar cross section of wind turbine generator (WTG) blades combined with high tip speeds can produce significant Doppler returns when illuminated by a radar. Normally, an air traffic control radar system will filter out large returns from stationary targets, but the Doppler shifts introduced by the WTG blades are interpreted as moving aircraft that can confuse radar operators and compromise safety. A possible solution to this problem is to incorporate an active layer into the structure of the WTG blades that can be used to dynamically modulate the radar cross section (RCS) of the blade return. The active blade can operate in one of two modes: first the blade RCS can be modulated to provide a Doppler return that is outside the detectable range of the radar receiver system so that it is rejected; a second mode of operation is to introduce specific coding onto the Doppler returns so that they may be uniquely identified and rejected. The active layer used in the system consists of a frequency selective surface controlled by semiconductor diodes and is a development of techniques developed for active radar absorbers. Results of theoretical and experimental work using a 10 GHz Doppler radar and scale-model WTG are presented.

  14. Return stroke current reflections in rocket-triggered lightning

    Science.gov (United States)

    Caicedo, J. A.; Biagi, C.; Uman, M. A.; Jordan, D. M.; Hare, B.

    2016-03-01

    Ten upward propagating return stroke currents in eight triggered lightning flashes have been observed to reflect downward from 140 to 300 m altitude by way of measurements of the channel base current, close electric field and electric field derivative, and high-speed video. The current reflections appear as dips in the measured channel base current and in the electric fields and as bipolar pulses in the electric field derivative waveforms. The current dips occur 2.7 to 13.9 μs after the initiation of the return stroke current at ground. The observed phenomenon results from a portion of the upward propagating return stroke current wave being reflected from a channel impedance discontinuity apparently associated with an isolated section of unexploded triggering wire, as inferred from high-speed video records. A transmission line model is used to model the close electric field and electric field derivative of the postulated initial and reflected current waves, starting with the measured channel base current, and the results are compared favorably with measurements made at 92 to 326 m. From the measured time between the return stroke current initiation at the ground and the time the current reflection reaches the channel base and produces the current dip, along with the reflection height inferred from the video records, we find the average of the upward and downward reflected return stroke current speed for each of the 10 strokes to be between 0.81 and 2.06 × 108 m s-1.

  15. Lunar hand tools

    Science.gov (United States)

    Bentz, Karl F.; Coleman, Robert D.; Dubnik, Kathy; Marshall, William S.; Mcentee, Amy; Na, Sae H.; Patton, Scott G.; West, Michael C.

    1987-01-01

    Tools useful for operations and maintenance tasks on the lunar surface were determined and designed. Primary constraints are the lunar environment, the astronaut's space suit and the strength limits of the astronaut on the moon. A multipurpose rotary motion tool and a collapsible tool carrier were designed. For the rotary tool, a brushless motor and controls were specified, a material for the housing was chosen, bearings and lubrication were recommended and a planetary reduction gear attachment was designed. The tool carrier was designed primarily for ease of access to the tools and fasteners. A material was selected and structural analysis was performed on the carrier. Recommendations were made about the limitations of human performance and about possible attachments to the torque driver.

  16. Open Health Tools: Tooling for Interoperable Healthcare

    Directory of Open Access Journals (Sweden)

    Skip McGaughey

    2008-11-01

    Full Text Available The Open Health Tools initiative is creating an ecosystem focused on the production of software tooling that promotes the exchange of medical information across political, geographic, cultural, product, and technology lines. At its core, OHT believes that the availability of high-quality tooling that interoperates will propel the industry forward, enabling organizations and vendors to build products and systems that effectively work together. This will ?raise the interoperability bar? as a result of having tools that just work. To achieve these lofty goals, careful consideration must be made to the constituencies that will be most affected by an OHT-influenced world. This document outlines a vision of OHT?s impact to these stakeholders. It does not explain the OHT process itself or how the OHT community operates. Instead, we place emphasis on the impact of that process within the health industry. The catchphrase ?code is king? underpins this document, meaning that the manifestation of any open source community lies in the products and technology it produces.

  17. Inspection tools : tool selection and execution

    Energy Technology Data Exchange (ETDEWEB)

    Van Aelst, A. [Cimarron Engineering Ltd., Calgary, AB (Canada); Parker, C. [TransCanada PipeLines Ltd., Calgary, AB (Canada); Lussier, S.; Gates, J.; Revie, W. [Natural Resources Canada, Ottawa, ON (Canada). CANMET Materials Technology Lab

    2007-07-01

    Working Group 8 discussed oil and gas pipeline integrity issues with particular reference to inspection tools and techniques used by the upstream and downstream pipeline industries. The group addressed other options besides in-line inspection (ILI) for integrity assessments and presented emerging concerns with non-piggable piping. Inspection techniques such as hydrotesting, direct assessment, cameras, and X-ray imaging were reviewed. The actions taken in response to recommendations from past workshops were also presented, including measures to improve standardization of reporting practices. It was noted that tools currently available have limitations that vary with the environment in which they are used, the depth to which the pipeline is buried, and the size and orientation of the pipeline. It was determined that economics plays a key role in the selection of pipeline inspection techniques, and that failure modes should be considered when choosing inspection techniques. Given that environmental consequences are different for natural gas and liquid pipelines, this may influence the choice of inspection needed in environmentally sensitive areas. It was determined that new technologies have yet to gain the confidence of industry and that while some existing technologies (such as cameras) can provide data, they are not suitable as the only tool used in an integrity assessment. The accuracy of inspections was found to depend on the tools, methods and personnel, with variation in accuracy depending primarily on personnel. It was concluded that research and development of new inspection techniques should continue. tabs., figs.

  18. The Matecat Tool

    OpenAIRE

    Federico, Marcello; Bertoldi, Nicola; Cettolo, Mauro; Negri, Matteo; TURCHI Marco; Trombetti, Marco; Cattelan, Alessandro; Farina, Antonio; Lupinetti, Domenico; Martines, Andrea; Massidda, Alberto; Schwenk, Holger; Barrault, Loïc; Blain, Frédéric; Koehn, Philipp

    2014-01-01

    We present a new web-based CAT tool providing translators with a professional work environment, integrating translation memories, terminology bases, concordancers, and machine translation. The tool is completely developed as open source software and has been already successfully deployed for business, research and education. The MateCat Tool represents today probably the best available open source platform for investigating, integrating, and evaluating under realistic conditions the impact of...

  19. Useful design tools?

    DEFF Research Database (Denmark)

    Jensen, Jesper Ole

    2005-01-01

    Tools for design management are on the agenda in building projects in order to set targets, to choose and prioritise between alternative environmental solutions, to involve stakeholders and to document, evaluate and benchmark. Different types of tools are available, but what can we learn from...... the use or lack of use of current tools in the development of future design tools for sustainable buildings? Why are some used while others are not? Who is using them? The paper deals with design management, with special focus on sustainable building in Denmark, and the challenge of turning the generally...

  20. Instant Spring Tool Suite

    CERN Document Server

    Chiang, Geoff

    2013-01-01

    Filled with practical, step-by-step instructions and clear explanations for the most important and useful tasks. A tutorial guide that walks you through how to use the features of Spring Tool Suite using well defined sections for the different parts of Spring.Instant Spring Tool Suite is for novice to intermediate Java developers looking to get a head-start in enterprise application development using Spring Tool Suite and the Spring framework. If you are looking for a guide for effective application development using Spring Tool Suite, then this book is for you.

  1. Agreement Workflow Tool (AWT)

    Data.gov (United States)

    Social Security Administration — The Agreement Workflow Tool (AWT) is a role-based Intranet application used for processing SSA's Reimbursable Agreements according to SSA's standards. AWT provides...

  2. Chimera Grid Tools

    Science.gov (United States)

    Chan, William M.; Rogers, Stuart E.; Nash, Steven M.; Buning, Pieter G.; Meakin, Robert

    2005-01-01

    Chimera Grid Tools (CGT) is a software package for performing computational fluid dynamics (CFD) analysis utilizing the Chimera-overset-grid method. For modeling flows with viscosity about geometrically complex bodies in relative motion, the Chimera-overset-grid method is among the most computationally cost-effective methods for obtaining accurate aerodynamic results. CGT contains a large collection of tools for generating overset grids, preparing inputs for computer programs that solve equations of flow on the grids, and post-processing of flow-solution data. The tools in CGT include grid editing tools, surface-grid-generation tools, volume-grid-generation tools, utility scripts, configuration scripts, and tools for post-processing (including generation of animated images of flows and calculating forces and moments exerted on affected bodies). One of the tools, denoted OVERGRID, is a graphical user interface (GUI) that serves to visualize the grids and flow solutions and provides central access to many other tools. The GUI facilitates the generation of grids for a new flow-field configuration. Scripts that follow the grid generation process can then be constructed to mostly automate grid generation for similar configurations. CGT is designed for use in conjunction with a computer-aided-design program that provides the geometry description of the bodies, and a flow-solver program.

  3. Java Power Tools

    CERN Document Server

    Smart, John

    2008-01-01

    All true craftsmen need the best tools to do their finest work, and programmers are no different. Java Power Tools delivers 30 open source tools designed to improve the development practices of Java developers in any size team or organization. Each chapter includes a series of short articles about one particular tool -- whether it's for build systems, version control, or other aspects of the development process -- giving you the equivalent of 30 short reference books in one package. No matter which development method your team chooses, whether it's Agile, RUP, XP, SCRUM, or one of many other

  4. MySQL Admin Cookbook LITE Replication and Indexing

    CERN Document Server

    Schneller, Daniel

    2011-01-01

    This cookbook presents solutions to problems in the form of recipes. Each recipe provides the reader with easy step-by-step descriptions of the actions necessary to accomplish a specific task. Example values and code samples are used throughout the recipes, which makes adaptation for individual needs easy. This book is for ambitious MySQL users as well as professional data center database administrators. Beginners as well as experienced administrators will benefit from this cookbook and get fresh ideas to improve their MySQL environments. Detailed background information will enable them to wid

  5. Triple F - A Comet Nucleus Sample Return Mission

    Science.gov (United States)

    Kueppers, Michael; Keller, H. U.; Kuehrt, E.; A'Hearn, M. F.; Altwegg, K.; Bertrand, R.; Busemann, H.; Capria, M. T.; Colangeli, L.; Davidsson, B.; Ehrenfreund, P.; Knollenberg, J.; Mottola, S.; Weiss, P.; Zolensky, M.; Akim, E.; Basilevsky, A.; Galimov, E.; Gerasimov, M.; Korablev, O.; Charnley, S.; Nittler, L. R.; Sandford, S.; Weissman, P.

    2008-01-01

    The Triple F (Fresh From the Fridge) mission, a Comet Nucleus Sample Return, has been proposed to ESA's Cosmic Vision program. A sample return from a comet enables us to reach the ultimate goal of cometary research. Since comets are the least processed bodies in the solar system, the proposal goes far beyond cometary science topics (like the explanation of cometary activity) and delivers invaluable information about the formation of the solar system and the interstellar molecular cloud from which it formed. The proposed mission would extract three sample cores of the upper 50 cm from three locations on a cometary nucleus and return them cooled to Earth for analysis in the laboratory. The simple mission concept with a touch-andgo sampling by a single spacecraft was proposed as an M-class mission in collaboration with the Russian space agency ROSCOSMOS.

  6. Uncertain programming models for portfolio selection with uncertain returns

    Science.gov (United States)

    Zhang, Bo; Peng, Jin; Li, Shengguo

    2015-10-01

    In an indeterminacy economic environment, experts' knowledge about the returns of securities consists of much uncertainty instead of randomness. This paper discusses portfolio selection problem in uncertain environment in which security returns cannot be well reflected by historical data, but can be evaluated by the experts. In the paper, returns of securities are assumed to be given by uncertain variables. According to various decision criteria, the portfolio selection problem in uncertain environment is formulated as expected-variance-chance model and chance-expected-variance model by using the uncertainty programming. Within the framework of uncertainty theory, for the convenience of solving the models, some crisp equivalents are discussed under different conditions. In addition, a hybrid intelligent algorithm is designed in the paper to provide a general method for solving the new models in general cases. At last, two numerical examples are provided to show the performance and applications of the models and algorithm.

  7. Protecting biodiversity when money matters: maximizing return on investment.

    Directory of Open Access Journals (Sweden)

    Emma C Underwood

    Full Text Available BACKGROUND: Conventional wisdom identifies biodiversity hotspots as priorities for conservation investment because they capture dense concentrations of species. However, density of species does not necessarily imply conservation 'efficiency'. Here we explicitly consider conservation efficiency in terms of species protected per dollar invested. METHODOLOGY/PRINCIPAL FINDINGS: We apply a dynamic return on investment approach to a global biome and compare it with three alternate priority setting approaches and a random allocation of funding. After twenty years of acquiring habitat, the return on investment approach protects between 32% and 69% more species compared to the other priority setting approaches. To correct for potential inefficiencies of protecting the same species multiple times we account for the complementarity of species, protecting up to three times more distinct vertebrate species than alternate approaches. CONCLUSIONS/SIGNIFICANCE: Incorporating costs in a return on investment framework expands priorities to include areas not traditionally highlighted as priorities based on conventional irreplaceability and vulnerability approaches.

  8. Consumption growth and time-varying expected stock returns

    DEFF Research Database (Denmark)

    Vinther Møller, Stig

    2008-01-01

    When the consumption growth rate is measured based upon fourth quarter data, it tracks predictable variation in future excess stock returns. Low fourth quarter consumption growth rates predict high future excess stock returns such that expected returns are high at business cycle troughs and low...... at business cycle peaks. The consumption growth rate loses predictive power when it is measured based upon other quarters. This is consistent with the insight of Jagannathan and Wang [2007. Journal of Finance 62, 1623-1661] that investors tend to review their consumption and investment plans during the end...... of each calendar year, and at possibly random times in between. The consumption growth rate measured based upon fourth quarter data is a much stronger predictive variable than benchmark predictive variables such as the dividend-price ratio, the term spread, and the default spread....

  9. An update on multivariate return periods in hydrology

    Science.gov (United States)

    Gräler, Benedikt; Petroselli, Andrea; Grimaldi, Salvatore; De Baets, Bernard; Verhoest, Niko

    2016-05-01

    Many hydrological studies are devoted to the identification of events that are expected to occur on average within a certain time span. While this topic is well established in the univariate case, recent advances focus on a multivariate characterization of events based on copulas. Following a previous study, we show how the definition of the survival Kendall return period fits into the set of multivariate return periods.Moreover, we preliminary investigate the ability of the multivariate return period definitions to select maximal events from a time series. Starting from a rich simulated data set, we show how similar the selection of events from a data set is. It can be deduced from the study and theoretically underpinned that the strength of correlation in the sample influences the differences between the selection of maximal events.

  10. Realized Jump Risk and Equity Return in China

    Directory of Open Access Journals (Sweden)

    Guojin Chen

    2014-01-01

    Full Text Available We utilize the realized jump components to explore a new jump (including nonsystematic jump and systematic jump risk factor model. After estimating daily realized jumps from high-frequency transaction data of the Chinese A-share stocks, we calculate monthly jump size, monthly jump standard deviation, and monthly jump arrival rate and then use those monthly jump factors to explain the return of the following month. Our empirical results show that the jump tail risk can explain the equity return. For the large capital-size stocks, large cap stock portfolios, and index, one-month lagged jump risk factor significantly explains the asset return variation. Our results remain the same even when we add the size and value factors in the robustness tests.

  11. Mars rover sample return: An exobiology science scenario

    Science.gov (United States)

    Rosenthal, D. A.; Sims, M. H.; Schwartz, Deborah E.; Nedell, S. S.; Mckay, Christopher P.; Mancinelli, Rocco L.

    1988-01-01

    A mission designed to collect and return samples from Mars will provide information regarding its composition, history, and evolution. At the same time, a sample return mission generates a technical challenge. Sophisticated, semi-autonomous, robotic spacecraft systems must be developed in order to carry out complex operations at the surface of a very distant planet. An interdisciplinary effort was conducted to consider how much a Mars mission can be realistically structured to maximize the planetary science return. The focus was to concentrate on a particular set of scientific objectives (exobiology), to determine the instrumentation and analyses required to search for biological signatures, and to evaluate what analyses and decision making can be effectively performed by the rover in order to minimize the overhead of constant communication between Mars and the Earth. Investigations were also begun in the area of machine vision to determine whether layered sedimentary structures can be recognized autonomously, and preliminary results are encouraging.

  12. Reconciling the Characteristics vs. Factors Models for Explaining Stock Returns

    Directory of Open Access Journals (Sweden)

    Lt Col Brian C. Payne

    2015-02-01

    Full Text Available Daniel and Titman (DT (1997 disclaim the Fama-French three factor model in favor of a firm characteristics based model to explain stock returns. Davis, Fama, and French (2000 find this characteristics-based model outperforms their model only for the 20.5 year time period from July 1973-December 1993, but the three factor model is robust for the 68-year period from 1929-1997. We find the DT period represents a unique macroeconomic environment in that significant interaction effects exist between the default (and term risk premia innovations and returns. Incorporating these effects into a traditional three-factor model help explain the 1973-1993 “characteristics model puzzle,” providing insight into market returns for portfolio managers during economic environments comparable to the DT period.

  13. Return Radius and volume of recrystallized material in Ostwald Ripening

    CERN Document Server

    Hausser, Frank

    2012-01-01

    Within the framework of the LSW theory of Ostwald ripening the amount of volume of the second (solid) phase that is newly formed by recrystallization is investigated. It is shown, that in the late stage, the portion of the newly generated volume formed within an interval from time $t_0$ to $t$ is a certain function of $t/t_0$ and an explicit expression of this volume is given. To achieve this, we introduce the notion of the {\\it return radius} $r(t,t_0)$, which is the unique radius of a particle at time $t_0$ such that this particle has -- after growing and shrinking -- the same radius at time $t$. We derive a formula for the return radius which later on is used to obtain the newly formed volume. Moreover, formulas for the growth rate of the return radius and the recrystallized material at time $t_0$ are derived.

  14. Modeling of SAR returns from a red pine stand

    Science.gov (United States)

    Lang, R. H.; Kilic, O.; Chauhan, N. S.; Ranson, J.

    1992-01-01

    Bright P-band radar returns from red pine forests have been observed on synthetic aperture radar (SAR) images in Bangor, Maine. A plot of red pine trees was selected for the characterization and modeling to understand the cause of the high P-band returns. The red pine stand under study consisted of mature trees. Diameter at breast height (DBH) measurements were made to determine stand density as a function of tree diameter. Soil moisture and bulk density measurements were taken along with ground rough surface profiles. Detailed biomass measurements of the needles, shoots, branches, and trunks were also taken. These site statistics have been used in a distorted Born approximation model of the forest. Computations indicate that the direct-reflected or the double-bounce contributions from the ground are responsible for the high observed P-band returns for HH polarization.

  15. Civic Returns to Higher Education: A Note on Heterogeneous Effects.

    Science.gov (United States)

    Brand, Jennie E

    2010-12-01

    American educational leaders and philosophers have long valued schooling for its role in preparing the nation's youth to be civically engaged citizens. Numerous studies have found a positive relationship between education and subsequent civic participation. However, little is known about possible variation in effects by selection into higher education, a critical omission considering education's expressed role as a key mechanism for integrating disadvantaged individuals into civic life. I disaggregate effects and examine whether civic returns to higher education are largest for disadvantaged low likelihood or advantaged high likelihood college goers. I find evidence for significant effect heterogeneity: civic returns to college are greatest among individuals who have a low likelihood for college completion. Returns decrease as the propensity for college increases.

  16. Curriculum of return in la Pola-Magdalena

    Directory of Open Access Journals (Sweden)

    Luis Alfredo González Monroy

    2013-07-01

    Full Text Available This article shows some research achievements got in the educational community from La Pola located in Chibolo-Magdalena. There, it is observed the return after displacement due to Colombian armed conflict. Research aims at comprehending meanings and dialogical senses returnees give to an intercultural curriculum design based on their own knowledge, sociocultural needs and life project. To do so, this research takes into account ethnography along with phenomenology, symbolic interactionism and ethnomethodology. On the other hand, this text shapes up under the principle of parsimony, a reflection on Return School and an epistemic view which will be developed with the fieldwork. Then, research contribution keeps to comprehend return and establish a starting point for other research projects leading to social change. Finally, it also pretends to engender academic discussions on the complementarity of research methods.

  17. SKEWNESS OF RETURN DISTRIBUTION AND COEFFICIENT OF RISK PREMIUM

    Institute of Scientific and Technical Information of China (English)

    Fenghua WEN; Xiaoguang YANG

    2009-01-01

    The skewness of the return distribution is one of the important features of the security price. In this paper, the authors try to explore the relationship between the skewness and the coefficient of risk premium. The coefficient of the risk premium is estimated by a GARCH-M model, and the robust measurement of skewness is calculated by Groeneveld-Meeden method. The empirical evidences for the composite indexes from 33 securities markets in the world indicate that the risk compensation requirement in the market where the return distribution is positively skewed is virtually zero, and the risk compensation requirement is positive in a significant level in the market where the return distribution is negative skewed. Moreover, the skewness is negatively correlated with the coefficient of the risk premium.

  18. Probability distribution of extreme share returns in Malaysia

    Science.gov (United States)

    Zin, Wan Zawiah Wan; Safari, Muhammad Aslam Mohd; Jaaman, Saiful Hafizah; Yie, Wendy Ling Shin

    2014-09-01

    The objective of this study is to investigate the suitable probability distribution to model the extreme share returns in Malaysia. To achieve this, weekly and monthly maximum daily share returns are derived from share prices data obtained from Bursa Malaysia over the period of 2000 to 2012. The study starts with summary statistics of the data which will provide a clue on the likely candidates for the best fitting distribution. Next, the suitability of six extreme value distributions, namely the Gumbel, Generalized Extreme Value (GEV), Generalized Logistic (GLO) and Generalized Pareto (GPA), the Lognormal (GNO) and the Pearson (PE3) distributions are evaluated. The method of L-moments is used in parameter estimation. Based on several goodness of fit tests and L-moment diagram test, the Generalized Pareto distribution and the Pearson distribution are found to be the best fitted distribution to represent the weekly and monthly maximum share returns in Malaysia stock market during the studied period, respectively.

  19. Reabsorption of returning workers from the Gulf: the Asian experience.

    Science.gov (United States)

    Kazi, S

    1994-01-01

    This study examines trends in return labor migration from the Middle East to South Asia and Southeast Asia. Survey data were used to describe trends in outmigration and socioeconomic characteristics of return migrants and to examine the extent to which return migration is associated with skill level and use of savings and remittances on their return. General trends indicate a decline in outmigration during the late 1980s and early 1990s, after oil prices dropped in 1986. Migrants from Pakistan and Korea declined by half during 1981-85 and by 40% among Indian migrants. The demand for service workers and migrants willing to accept cuts in wages was unaffected. Outmigration from Southeast Asian countries grew in the recent past. These increases were due to the replacement of workers from Jordan and Yemen who were expelled from Saudi Arabia after the Gulf crisis. The shift in occupational demand to service and higher level workers is expected to weaken migration from Pakistan and Bangladesh and to strengthen migration from Sri Lanka and other Southeast Asian countries with a skilled migrant labor force. Outmigration from Southeast Asian countries increased to high-growth destination countries such as Japan, Malaysia, and Singapore. Socioeconomic characteristics of migrants varied by country of origin. For instance, Philippine migrants were better educated. Migrants from Thailand, Bangladesh, and Pakistan were from rural and impoverished areas. Sri Lanka and the Philippines had many women migrants. Return migrants encountered high unemployment. Return migrants to Korea had fewer reemployment problems. Reemployment was associated with local country conditions. Unskilled workers had the highest rates of unemployment. Savings tended to be invested in real estate and housing. Savings and investment from remittance income was high in Sri Lanka, Bangladesh, and Thailand.

  20. Reabsorption of returning workers from the Gulf: the Asian experience.

    Science.gov (United States)

    Kazi, S

    1994-01-01

    This study examines trends in return labor migration from the Middle East to South Asia and Southeast Asia. Survey data were used to describe trends in outmigration and socioeconomic characteristics of return migrants and to examine the extent to which return migration is associated with skill level and use of savings and remittances on their return. General trends indicate a decline in outmigration during the late 1980s and early 1990s, after oil prices dropped in 1986. Migrants from Pakistan and Korea declined by half during 1981-85 and by 40% among Indian migrants. The demand for service workers and migrants willing to accept cuts in wages was unaffected. Outmigration from Southeast Asian countries grew in the recent past. These increases were due to the replacement of workers from Jordan and Yemen who were expelled from Saudi Arabia after the Gulf crisis. The shift in occupational demand to service and higher level workers is expected to weaken migration from Pakistan and Bangladesh and to strengthen migration from Sri Lanka and other Southeast Asian countries with a skilled migrant labor force. Outmigration from Southeast Asian countries increased to high-growth destination countries such as Japan, Malaysia, and Singapore. Socioeconomic characteristics of migrants varied by country of origin. For instance, Philippine migrants were better educated. Migrants from Thailand, Bangladesh, and Pakistan were from rural and impoverished areas. Sri Lanka and the Philippines had many women migrants. Return migrants encountered high unemployment. Return migrants to Korea had fewer reemployment problems. Reemployment was associated with local country conditions. Unskilled workers had the highest rates of unemployment. Savings tended to be invested in real estate and housing. Savings and investment from remittance income was high in Sri Lanka, Bangladesh, and Thailand. PMID:12346198

  1. FINANCIAL RETURN ON ASSETS. THE IMPACT OF THE FINANCIAL RETURN ON ASSETS OVER THE COMPANY’S DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Constantin Căruntu

    2009-11-01

    Full Text Available The financial rate of return is a significant indicator for assessing the economic and financial performance of an enterprise for the internal diagnosis, as well as for the analysis required by the external partners. The financial return is a basic indicator which characterizes the business performances that is found directly under the trade policy (trade cost, efficiency of capital employed (economic profitability but also under the financial policy of the company. If the economic rate of return expresses a remuneration of the employed capital only in relation to operating activities, the financial rate of return quantifies a remuneration of the private capital trough all three types of activity: operational, financial and extraordinary. Starting from the consideration that the financial rate of return expresses the efficiency of equity or permanent capital use of the company we can state that it is of particular importance to the shareholders of the company, which considers according to it’s level whether their investments are justified and they will continue to support the business development through raising of fresh capital or abandonment for a limited period to one part of the dividends due. Managers, in turn, will be keen on maintaining an appropriate level of this rate, in order to retain their positions and to achieve the performance criteria of the company.

  2. Levoatriocardinal vein with normal intracardiac anatomy and pulmonary venous return

    Directory of Open Access Journals (Sweden)

    Ender Odemis

    2011-01-01

    Full Text Available Levoatriocardinal vein (LACV is characterized by an abnormal connection between pulmonary and systemic venous return. This extremely rare cardiac malformation is usually associated with left-sided obstructive lesions including mitral atresia, hypoplastic left-heart syndrome, and abnormal pulmonary venous connection. Patients may have low systemic cardiac output and pulmonary venous obstruction symptoms. In this manuscript, we report a case with LACV and normal pulmonary venous return with absence of any intracardiac pathology. LACV was demonstrated with echocardiography, angiography, and computed tomography. Surgical correction was made successfully.

  3. Nonlinear dynamic interrelationships between real activity and stock returns

    DEFF Research Database (Denmark)

    Lanne, Markku; Nyberg, Henri

    We explore the differences between the causal and noncausal vector autoregressive (VAR) models in capturing the real activity-stock return-relationship. Unlike the conventional linear VAR model, the noncausal VAR model is capable of accommodating various nonlinear characteristics of the data. In...... quarterly U.S. data, we find strong evidence in favor of noncausality, and the best causal and noncausal VAR models imply quite different dynamics. In particular, the linear VAR model appears to underestimate the importance of the stock return shock for the real activity, and the real activity shock for the...

  4. Development and return migration to rural French Polynesia.

    Science.gov (United States)

    Lockwood, V S

    1990-01-01

    "In this article, a recent trend towards return migration to outer island French Polynesia is examined. Following a discussion of massive rural to urban migration throughout island Oceania, the regional and international factors responsible for reversing population movements in this French Territory are discussed. Finally, the impact of return migration on Tubuai, a rapidly developing outer island, is assessed specifically analyzing the manner in which returnees are reintegrated socially and economically into rural community life. The article concludes that returnees are development-oriented, but that increasing population growth in a context of fundamentally limited rural resources is not an economically viable process in the long term."

  5. SECTORAL RISK AND RETURN FOR COMPANIES IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Anis Cecilia

    2012-12-01

    Full Text Available probability that cash flows or return will vary from expectations. Standard corporate finance theory supposes that a company chooses a capital structure that maximizes company value. A fundamental idea in finance is the relationship between risk and return. The greater the amount of risk that an investor is willing to take on, the greater the potential return. The reason for this is that investors need to be compensated for taking on additional risk. Why put capital at significant risk for a return that is no higher than the return on government bonds? Or expect higher than averages returns from low-risk activities? It is impossible to separate measuring the performance of a company from the risks that the management takes to achieve it.In most aspects of company operations, risk assessment plays a different but equally important, role. It is an integral part of informed decision taking in achieving performance. Risk assessment is involved from the highest level in strategic choices about what activities to undertake, what assets to buy or what markets to serve all the way to detailed operational decisions about whether to accept payment in foreign currencies and the adequacy of safety measures in the workplace. It plays a part whether or not an organization is aware of managing risk and many managers feel that their instinct and judgment are enough – a behavior risk. The danger is that this leaves company risk unplanned and unmanaged. This paper proposes a framework where we realized a study cases: we test if return on assets and return on equity has influence on the risk, both on long and short term. For this purposes, we conduct an empirical research that covers 59 selected companies traded at the Bucharest Stock Exchange within the time period 1999-2010. For this study our results reveal that dynamic global risk can be associated to a low intensity with total assets performance of the company’s. Investments efficiency and the

  6. Analysis of measured photon returns from sodium beacons

    International Nuclear Information System (INIS)

    We describe an approach to the computation of photon returns from mesospheric sodium beacons excited by laser pulse trains and discuss as specific examples the required numbers of photons for adaptive-optical compensation of atmospheric turbulence. Computed photon return signals are compared with reported measurements for pulses that are long, short, or comparable to the D2 radiative lifetime (16 ns). Analytical approximations in good agreement with the numerical computations are derived. The results are consistent with experimental data for the different pulse durations. copyright 1998 Optical Society of America

  7. Impact of Political Expectations on Lima Stock Market Returns

    OpenAIRE

    Gabriel Rodríguez; Alfredo Vargas

    2012-01-01

    This paper analyzes the impact of political expectations on the returns of Peru’s stock market using information pertaining to the the electoral periods of 1995 and 2000. The main variable is a measure of the probability that a candidate will win the elections. Therefore, the hypothesis to be proven is whether the uncertainty of the election results affects Peru’s stock market returns. We use other alternative variables such as the exchange rate, inflation, and terms of trade. The results sho...

  8. Measuring Expected Returns in a Fluid Economic Environment

    OpenAIRE

    Evans III, Donald C

    2004-01-01

    This paper examines the components of the Capital Asset Pricing Model and the model's uses to analyze portfolios returns. It also looks at subsequent versions of the CAPM including a multi-variable CAPM with the inclusion of selected macro-variables as well as a non-stationary beta CAPM to estimate portfolio returns. A new model is proposed that combines the multi-variable component together with the non-stationary beta component to derive a new CAPM that is more effective at capturing curr...

  9. Medicare Program; Reporting and Returning of Overpayments. Final rule.

    Science.gov (United States)

    2016-02-12

    This final rule requires providers and suppliers receiving funds under the Medicare program to report and return overpayments by the later of the date that is 60 days after the date on which the overpayment was identified; or the date any corresponding cost report is due, if applicable. The requirements in this rule are meant to ensure compliance with applicable statutes, promote the furnishing of high quality care, and to protect the Medicare Trust Funds against fraud and improper payments. This rule provides needed clarity and consistency in the reporting and returning of self-identified overpayments.

  10. What stock market returns to expect for the future?

    Science.gov (United States)

    Diamond, P A

    2000-01-01

    In evaluating proposals for reforming Social Security that involve stock investments, the Office of the Chief Actuary (OCACT) has generally used a 7.0 percent real return for stocks. The 1994-96 Advisory Council specified that OCACT should use that return in making its 75-year projections of investment-based reform proposals. The assumed ultimate real return on Treasury bonds of 3.0 percent implies a long-run equity premium of 4.0 percent. There are two equity-premium concepts: the realized equity premium, which is measured by the actual rates of return; and the required equity premium, which investors expect to receive for being willing to hold available stocks and bonds. Over the past two centuries, the realized premium was 3.5 percent on average, but 5.2 percent for 1926 to 1998. Some critics argue that the 7.0 percent projected stock returns are too high. They base their arguments on recent developments in the capital market, the current high value of the stock market, and the expectation of slower economic growth. Increased use of mutual funds and the decline in their costs suggest a lower required premium, as does the rising fraction of the American public investing in stocks. The size of the decrease is limited, however, because the largest cost savings do not apply to the very wealthy and to large institutional investors, who hold a much larger share of the stock market's total value than do new investors. These trends suggest a lower equity premium for projections than the 5.2 percent of the past 75 years. Also, a declining required premium is likely to imply a temporary increase in the realized premium because a rising willingness to hold stocks tends to increase their price. Therefore, it would be a mistake during a transition period to extrapolate what may be a temporarily high realized return. In the standard (Solow) economic growth model, an assumption of slower long-run growth lowers the marginal product of capital if the savings rate is constant

  11. Levoatriocardinal vein with normal intracardiac anatomy and pulmonary venous return

    International Nuclear Information System (INIS)

    Levoatriocardinal vein (LACV) is characterized by an abnormal connection between pulmonary and systemic venous return. This extremely rare cardiac malformation is usually associated with left-sided obstructive lesions including mitral atresia, hypoplastic left-heart syndrome, and abnormal pulmonary venous connection. Patients may have low systemic cardiac output and pulmonary venous obstruction symptoms. In this manuscript, we report a case with LACV and normal pulmonary venous return with absence of any intracardiac pathology. LACV was demonstrated with echocardiography, angiography, and computed tomography. Surgical correction was made successfully

  12. Classifying Returns as Extreme: European Stock and Bond Markets

    DEFF Research Database (Denmark)

    Christiansen, Charlotte

    I consider the stock and bond markets of 14 EU countries. I use two classification schemes for defining extreme returns: One, the existing univariate classification scheme which considers each market separately. Two, the new multivariate classification scheme that considers all the markets jointly...... whereby a shorter sample period is needed. For the bond markets the simultaneous extreme return variable (used for analyzing integration and contagion of financial markets) is not statistically different for the two schemes. For the stock markets there are differences, but they are disappearing in the...

  13. PRODUCT RETURNS MANAGEMENT IN THE CLOTHING INDUSTRY IN POLAND

    Directory of Open Access Journals (Sweden)

    Anna Maria Jeszka

    2014-12-01

    Full Text Available Background: The aim of this study is to identify and define on the basis of the literature the principal external and organizational factors and check to what extent they affect the efficiency of returns management as well as any resultant savings. The author proposes a conceptual model which correlates the results of returns management as well as savings with the main determinants identified on the basis of the literature. Then, in the operationalisation phase of the model, the dependent and independent variables were defined in the form of constructs. In accordance with the adopted model, individual constructs were measured based on standardised interviews. Materials and methods:  The results of returns management and any savings generated by this process are affected by certain determinants which are described in the literature. The adopted model included external factors, such as the cooperation of retailers with logistics operators and suppliers, the exchange of information in the supply chain, and organizational behaviour (experience of employees; as well as organizational factors related to the flow of information and IT systems. Due to financial and organisational restrictions, the originally planned representative sample of retail chains was limited to the regions of Wielkopolska and Lubuskie. In the end, 105 interviews were analysed. Results:  The results obtained in the research sample confirm assumptions about the possible potential savings that can be achieved as a result of appropriately conducted corporate policies in the area of reverse logistics. A correlation was also revealed between the experience and competencies of staff and the efficiency of returns management. Conclusions: Research into the factors affecting the efficiency of returns management and any savings resulting from returns management policies have not been conducted in Poland to date. The present study contributes to the growing trend of research into the

  14. THE RETURN ON EQUITY INDICATORS SYSTEM – METHODOLOGICAL PROPOSAL

    Directory of Open Access Journals (Sweden)

    Zbigniew Gołaś

    2015-06-01

    Full Text Available The aim of the study was to present a suggestion for the methodical decomposition rate of return on equity (ROE. The developed ROE decomposition model includes nine factors: the rate of value added, the rate of depreciation costs, salaries expense ratio, the ratio of other operating income and expenses, the rate of fi nancial income and expenses, the rate of extraordinary events, the rate of tax, the assets rotation and capital gearing. In addition, based on deterministic methods, the study presents the analysis of changes in the level of return on equity on the example of the domestic furniture manufacturing sector in the period 2009–2013.

  15. The virtual return of "fourth" and "fifth" generation migrants

    Directory of Open Access Journals (Sweden)

    Gredelj Stjepan

    2006-01-01

    Full Text Available The main aims of the project are twofold: the first one is to get insight into scope, structure, everyday life, opinions and plans of our people who live abroad as the fourth and fifth generations of emigrants, specially those who left the country during 90s. The second is checking and recording their preparedness for "return" to mother-country through complex set of activities and arrangements: return (repatriation, capital investments, know-how and skills investments, preservation and strengthening cultural identity of our people abroad and development their links with the ethnic/cultural background and inheritance.

  16. Return to Play Following Ankle Sprain and Lateral Ligament Reconstruction.

    Science.gov (United States)

    Shawen, Scott B; Dworak, Theodora; Anderson, Robert B

    2016-10-01

    Ankle sprains are the most common musculoskeletal injury occurring during athletics. Proper initial treatment with supportive pain control, limited immobilization, early return to weight bearing and range of motion, and directed physical therapy are essential for preventing recurrent injury. Reconstruction of the lateral ligaments is indicated for patients with continued instability and dysfunction despite physical therapy. Return to athletic activity should be reserved for athletes who have regained strength, proprioception, and range of motion of the injured ankle. Athletes with a history of an ankle sprain should be prophylactically braced or tapped to reduce risk of recurrent injury. PMID:27543408

  17. Maximizing LSST's Scientific Return: Ensuring Participation from Smaller Institutions

    CERN Document Server

    Liu, Charles T; Pepper, Joshua; Rutkowski, Michael; Norman, Dara; Cruz, Kelle; Bochanski, John; Lee, Hyun-chul; Isler, Jedidah; Gizis, John; Smith, J Allyn; Moustakas, John; Wehner, Elizabeth; Alfred, Marcus; McGruder, Charles; Hoffman, Jennifer L; Kwitter, Karen; Carini, Michael; Bary, Jeff; Covey, Kevin R; Finn, Rose; Penprase, Brian; Gelderman, Richard; Schuler, Simon

    2014-01-01

    The remarkable scientific return and legacy of LSST, in the era that it will define, will not only be realized in the breakthrough science that will be achieved with catalog data. This Big Data survey will shape the way the entire astronomical community advances -- or fails to embrace -- new ways of approaching astronomical research and data. In this white paper, we address the NRC template questions 4,5,6,8 and 9, with a focus on the unique challenges for smaller, and often under-resourced, institutions, including institutions dedicated to underserved minority populations, in the efficient and effective use of LSST data products to maximize LSST's scientific return.

  18. What stock market returns to expect for the future?

    Science.gov (United States)

    Diamond, P A

    2000-01-01

    In evaluating proposals for reforming Social Security that involve stock investments, the Office of the Chief Actuary (OCACT) has generally used a 7.0 percent real return for stocks. The 1994-96 Advisory Council specified that OCACT should use that return in making its 75-year projections of investment-based reform proposals. The assumed ultimate real return on Treasury bonds of 3.0 percent implies a long-run equity premium of 4.0 percent. There are two equity-premium concepts: the realized equity premium, which is measured by the actual rates of return; and the required equity premium, which investors expect to receive for being willing to hold available stocks and bonds. Over the past two centuries, the realized premium was 3.5 percent on average, but 5.2 percent for 1926 to 1998. Some critics argue that the 7.0 percent projected stock returns are too high. They base their arguments on recent developments in the capital market, the current high value of the stock market, and the expectation of slower economic growth. Increased use of mutual funds and the decline in their costs suggest a lower required premium, as does the rising fraction of the American public investing in stocks. The size of the decrease is limited, however, because the largest cost savings do not apply to the very wealthy and to large institutional investors, who hold a much larger share of the stock market's total value than do new investors. These trends suggest a lower equity premium for projections than the 5.2 percent of the past 75 years. Also, a declining required premium is likely to imply a temporary increase in the realized premium because a rising willingness to hold stocks tends to increase their price. Therefore, it would be a mistake during a transition period to extrapolate what may be a temporarily high realized return. In the standard (Solow) economic growth model, an assumption of slower long-run growth lowers the marginal product of capital if the savings rate is constant

  19. Maailma suurim tool

    Index Scriptorium Estoniae

    2000-01-01

    AS Tartu näitused, Tartu Kunstikool ja ajakiri 'Diivan' korraldavad 9.-11. III Tartu messikeskuse I paviljonis näituse 'Tool 2000'. Eksponeeritakse 2000 tooli, mille hulgast valitakse TOP 12. Messikeskuse territooriumile on kavas püstitada maailma suurim tool. Samal ajal II paviljonis kaksikmess 'Sisustus 2000' ja 'Büroo 2000'.

  20. Study of Tools Interoperability

    NARCIS (Netherlands)

    Krilavičius, T.

    2007-01-01

    Interoperability of tools usually refers to a combination of methods and techniques that address the problem of making a collection of tools to work together. In this study we survey different notions that are used in this context: interoperability, interaction and integration. We point out relation

  1. WATERS Expert Query Tool

    Data.gov (United States)

    U.S. Environmental Protection Agency — The Expert Query Tool is a web-based reporting tool using the EPA’s WATERS database.There are just three steps to using Expert Query:1. View Selection – Choose what...

  2. 27 CFR 25.212 - Beer returned to brewery from which removed.

    Science.gov (United States)

    2010-04-01

    ... 27 Alcohol, Tobacco Products and Firearms 1 2010-04-01 2010-04-01 false Beer returned to brewery... TAX AND TRADE BUREAU, DEPARTMENT OF THE TREASURY LIQUORS BEER Beer Returned to Brewery § 25.212 Beer returned to brewery from which removed. If beer on which the tax has been determined or paid is returned...

  3. Self-Selection, Earnings and Chicano Migration: Differences between Return and Onward Migrants.

    Science.gov (United States)

    Shumway, J. Matthew; Hall, Greg

    1996-01-01

    Examines Chicano return migration and earnings differentials between return and onward Chicano migrants by reviewing 1990 Public Use Microdata Sample of the U.S. census. Results indicate that Chicano return migrants have smaller earnings largely due to living in areas with higher concentrations of co-ethnics. Apparently, return migrants are…

  4. 26 CFR 301.6032-1 - Returns of banks with respect to common trust funds.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Returns of banks with respect to common trust... Returns and Records § 301.6032-1 Returns of banks with respect to common trust funds. For provisions relating to requirement of returns of banks with respect to common trust funds, see § 1.6032-1 of...

  5. Returns to Schooling in Less Developed Countries: New Evidence from Zambia

    DEFF Research Database (Denmark)

    Nielsen, Helena Skyt; Westergård-Nielsen, Niels Chr.

    2001-01-01

    In our analysis of returns to schooling in Zambia, we look at the rural and urban population separately, and estimate the returns to schooling in each region based on a selection model in two stages. For urban areas we find that the returns to primary schooling are nil whereas the returns...

  6. Malaria outbreak among French army troops returning from the Ivory Coast.

    Science.gov (United States)

    Mayet, Aurélie; Lacassagne, David; Juzan, Nicolas; Chaudier, Bernard; Haus-Cheymol, Rachel; Berger, Franck; Romand, Olivier; Ollivier, Lénaick; Verret, Catherine; Deparis, Xavier; Spiegel, André

    2010-01-01

    In 2006, a French Army unit reported 39 malaria cases among service persons returning from Ivory Coast. Thirty, including three serious forms, occurred after the return to France. The risk of post-return malaria was higher than the risk in Ivory Coast. Half of the imported cases had stopped post-return chemoprophylaxis early.

  7. A study on relationship between the return of value/growth portfolio and market return: Evidence from Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Monireh Mashhadi Ramezanali

    2014-07-01

    Full Text Available This study examines the relationship between the returns of two value and growth portfolios and the return of market on 15 selected firms on Tehran Stock Exchange over the period 2008-2011. The study divides the firms into two groups in terms of the ratios of price on earning as well as price on book value into two groups of value and growth portfolios. Using some regression analysis, the study has determined a positive and meaningful relationship between value portfolio and market return when the market is on the upside but this relationship is not meaningful during the bear session. The results indicate that during the bull sessions, value portfolios provide better investment opportunities than growth ones do.

  8. UniProt Tools.

    Science.gov (United States)

    Pundir, Sangya; Martin, Maria J; O'Donovan, Claire

    2016-01-01

    The Universal Protein Resource (UniProt) is a comprehensive resource for protein sequence and annotation data (UniProt Consortium, 2015). The UniProt Web site receives ∼400,000 unique visitors per month and is the primary means to access UniProt. Along with various datasets that you can search, UniProt provides three main tools. These are the 'BLAST' tool for sequence similarity searching, the 'Align' tool for multiple sequence alignment, and the 'Retrieve/ID Mapping' tool for using a list of identifiers to retrieve UniProtKB proteins and to convert database identifiers from UniProt to external databases or vice versa. This unit provides three basic protocols, three alternate protocols, and two support protocols for using UniProt tools. © 2016 by John Wiley & Sons, Inc. PMID:27010333

  9. Language Management Tools

    DEFF Research Database (Denmark)

    Sanden, Guro Refsum

    This paper offers a review of existing literature on the topic of language management tools – the means by which language is managed – in multilingual organisations. By drawing on a combination of sociolinguistics and international business and management studies, a new taxonomy of language...... management tools is proposed, differentiating between three categories of tools. Firstly, corporate policies are the deliberate control of issues pertaining to language and communication developed at the managerial level of a firm. Secondly, corporate measures are the planned activities the firm’s leadership...... may deploy in order to address the language needs of the organisation. Finally, front-line practices refer to the use of informal, emergent language management tools available to staff members. The language management tools taxonomy provides a framework for operationalising the management of language...

  10. Estimating the Accuracy of the Return on Investment (ROI Performance Evaluations

    Directory of Open Access Journals (Sweden)

    Alexei Botchkarev

    2015-12-01

    Full Text Available Return on Investment (ROI is one of the most popular performance measurement and evaluation metrics. ROI analysis (when applied correctly is a powerful tool in comparing solutions and making informed decisions on the acquisitions of information systems. The purpose of this study is to provide a systematic research of the accuracy of the ROI evaluations in the context of information systems implementations. Measurements theory and error analysis, specifically propagation of uncertainties methods, were used to derive analytical expressions for ROI errors. Monte Carlo simulation methodology was used to design and deliver a quantitative experiment to model costs and returns estimating errors and calculate ROI accuracies. Spreadsheet simulation (Microsoft Excel spreadsheets enhanced with Visual Basic for Applications was used to implement Monte Carlo simulations. The main contribution of the study is that this is the first systematic effort to evaluate ROI accuracy. Analytical expressions have been derived for estimating errors of the ROI evaluations. Results of the Monte Carlo simulation will help practitioners in making informed decisions based on explicitly stated factors influencing the ROI uncertainties.

  11. Effect of commercially available pantyhose on venous return in the lower extremity.

    Science.gov (United States)

    Godin, M S; Rice, J C; Kerstein, M D

    1987-06-01

    Although compression stockings have long been recognized as a physiologically significant tool for the promotion of venous return from the lower extremity, the role of nonprescription, commercially available support hose has not been assessed in this regard. The present study involved 100 consecutive women with no known prior history of vascular disease, who responded to an advertisement for free evaluation of the venous status of their legs. The subjects, all of whom wore commercial support hose routinely, were screened for the presence of venous disease by means of Doppler ultrasonography, phleborheography, and a detailed history focusing on risk factors and unrecognized symptoms of venous disease. Photoplethysmography (PPG) was then used to evaluate the efficiency of venous return from the lower extremity with and without the support hose in place. Worsening of PPG results occurred in 43% of the women with commercial stockings in place, whereas 23% improved and 34% showed no change. Women 50 years of age and older had a somewhat higher tendency toward poorer PPG results while wearing the support hose. Furthermore, measurements in women who showed evidence of venous disease by an abnormality in one or more of the screening tests were significantly different from the overall group (p = 0.025): 61% exhibited worsening of PPG results when wearing stockings, only 14% showed improvement, and 25% were unchanged. These results suggest that the use of a commercial support hose may be particularly deleterious to older women and is contraindicated in those with evidence of venous disease in the lower extremity. PMID:3295307

  12. OOTW Force Design Tools

    Energy Technology Data Exchange (ETDEWEB)

    Bell, R.E.; Hartley, D.S.III; Packard, S.L.

    1999-05-01

    This report documents refined requirements for tools to aid the process of force design in Operations Other Than War (OOTWs). It recommends actions for the creation of one tool and work on other tools relating to mission planning. It also identifies the governmental agencies and commands with interests in each tool, from whom should come the user advisory groups overseeing the respective tool development activities. The understanding of OOTWs and their analytical support requirements has matured to the point where action can be taken in three areas: force design, collaborative analysis, and impact analysis. While the nature of the action and the length of time before complete results can be expected depends on the area, in each case the action should begin immediately. Force design for OOTWs is not a technically difficult process. Like force design for combat operations, it is a process of matching the capabilities of forces against the specified and implied tasks of the operation, considering the constraints of logistics, transport and force availabilities. However, there is a critical difference that restricts the usefulness of combat force design tools for OOTWs: the combat tools are built to infer non-combat capability requirements from combat capability requirements and cannot reverse the direction of the inference, as is required for OOTWs. Recently, OOTWs have played a larger role in force assessment, system effectiveness and tradeoff analysis, and concept and doctrine development and analysis. In the first Quadrennial Defense Review (QDR), each of the Services created its own OOTW force design tool. Unfortunately, the tools address different parts of the problem and do not coordinate the use of competing capabilities. These tools satisfied the immediate requirements of the QDR, but do not provide a long-term cost-effective solution.

  13. Directory of Online Cataloging Tools

    Directory of Open Access Journals (Sweden)

    Mohamed Hamed Mu'awwad

    2007-09-01

    Full Text Available A directory of online cataloging tools, it collects more than 200 resources of essential tools used in libraries, the resources divided into 4 categories; individual tools classified according to type of activity, like: cataloging, classification, standard format; collective tools, non-collective tools, and free general tools available on the internet.

  14. Different forms, reasons and motivations for return migration of persons who voluntarily decide to return to their countries of origin.

    Science.gov (United States)

    Kraus, R

    1986-03-01

    Refugees seek asylum in the People's Republic of Germany with high hopes for economic and social prosperity. Those refugees who choose to return to their countries of origin leave with dashed hopes and feeling homesick and out of place; they also feel uncertain, insecure, and despondent when they think of the difficulties awaiting them at home because they have asked for asylum. The People's Republic of Germany is exploring means to motivate those seeking asylum there to return voluntarily to their countries of origin. This article discusses and evaluates 2 model projects that focus on counseling and reintegrating refugees who choose to return to their homelands. The 1st model project took place from 1980-1983. It returned 1887 asylum seekers, mostly Pakistanis and Indians, to their homelands. Reintegration assistance was to be administered in 5 phases: 1) counseling and motivation in the Federal Republic of Germany, 2) 3 months of reintegration training at a training center in Germany, 3) return migration assistance, 4) counseling and followup assistance in the country of origin, and 5) evaluation of experience and communication of findings. 2 major conclusions were drawn from this project: 1) Steps must be taken to obtain rapid return of economic refugees; this would better serve political refugees who are entitled to asylum. 2) Reintegrated refugees must participate in extensive information programs in their homelands to persuade other economic refugees not to leave their countries. 273 Turkish refugees were interviewed in the 2nd project. The project concluded that reintegration motivation may be attained by 1) providing basic information on asylum seekers, 2) counseling to promote willingness to return home, 3) offering practical assistance to return home, and 4) introducing regulations discouraging economic refugees. The author concludes that the training installations in the People's Republic of Germany are unacceptable because they create incentives for

  15. Intangible Benefits Quantified: Insights from Micro-level Return on Investment Case Studies

    Science.gov (United States)

    Stewart, M. A.

    2013-12-01

    This presentation addresses the question: must socio-economic benefits of geospatial projects be considered intangible and thus unquantifiable? The question will be answered from the perspective of an engineer and geospatial practitioner, with examples provided from case studies using micro level financial analysis. Topics will include: 1. Quantification as a tool for setting and achieving goals, illustrated with individual and societal uses of measurement. 2. Geospatial data as a driver for economic and social development. 3. Building use cases from documented work processes, demographic information and external research results. 4. Moving beyond GDP to quantify the well being of individuals and society. 5. Extrapolation of case study results to quantify a technology's current and potential return on investment to society. 6. Is it realistic for society to work toward commonly held measurements of well being? Or should individual cases maintain uniquely developed measurements to more accurately characterize their results?

  16. A Recursive Formula for the Evaluation of Earth Return Impedance on Buried Cables

    Directory of Open Access Journals (Sweden)

    Reynaldo Iracheta

    2015-12-01

    Full Text Available This paper presents an alternative solution based on infinite series for the accurate and efficient evaluation of cable earth return impedances. This method uses Wedepohl and Wilcox’s transformation to decompose Pollaczek’s integral in a set of Bessel functions and a definite integral. The main feature of Bessel functions is that they are easy to compute in modern mathematical software tools such as Matlab. The main contributions of this paper are the approximation of the definite integral by an infinite series, since it does not have analytical solution; and its numerical solution by means of a recursive formula. The accuracy and efficiency of this recursive formula is compared against the numerical integration method for a broad range of frequencies and cable  configurations. Finally, the proposed method is used as a subroutine for cable parameter calculation in the inverse Numerical Laplace Transform (NLT to obtain accurate transient responses in the time domain.

  17. Continuous-Time Models, Realized Volatilities, and Testable Distributional Implications for Daily Stock Returns

    DEFF Research Database (Denmark)

    Andersen, Torben G.; Bollerslev, Tim; Frederiksen, Per Houmann;

    and non-parametric jump detection statistics constructed from high-frequency intra- day data. A sequence of relatively simple-to-implement moment-based tests involving various transforms of the daily returns speak directly to the import of different features of the under- lying continuous-time processes...... that might have generated the data. As such, the tests may serve as a useful diagnostic tool in the specification of empirically more realistic asset pricing models. Our results are also directly related to the popular mixture-of-distributions hypoth- esis and the role of the corresponding latent information...... arrival process. On applying our sequential test procedure to the thirty individual stocks in the Dow Jones Industrial Average index, the data suggest that it is important to allow for both time-varying diffusive volatility, jumps, and leverage effects in order to satisfactorily describe the daily stock...

  18. Laboratory Evaluation of Air Flow Measurement Methods for Residential HVAC Returns

    Energy Technology Data Exchange (ETDEWEB)

    Walker, Iain; Stratton, Chris

    2015-07-01

    This project improved the accuracy of air flow measurements used in commissioning California heating and air conditioning systems in Title 24 (Building and Appliance Efficiency Standards), thereby improving system performance and efficiency of California residences. The research team at Lawrence Berkeley National Laboratory addressed the issue that typical tools used by contractors in the field to test air flows may not be accurate enough to measure return flows used in Title 24 applications. The team developed guidance on performance of current diagnostics as well as a draft test method for use in future evaluations. The series of tests performed measured air flow using a range of techniques and devices. The measured air flows were compared to reference air flow measurements using inline air flow meters built into the test apparatus. The experimental results showed that some devices had reasonable results (typical errors of 5 percent or less) but others had much bigger errors (up to 25 percent).

  19. 26 CFR 301.6103(j)(1)-1T - Disclosures of return information reflected on returns to officers and employees of the...

    Science.gov (United States)

    2010-04-01

    ... related activities (temporary). 301.6103(j)(1)-1T Section 301.6103(j)(1)-1T Internal Revenue INTERNAL... ADMINISTRATION Information and Returns Returns and Records § 301.6103(j)(1)-1T Disclosures of return information...(j)(1)-1(a) through (b)(3)(xxiv). (xxv) From Form 6765 (when filed with corporation income...

  20. 26 CFR 301.6103(j)(1)-1 - Disclosures of return information reflected on returns to officers and employees of the...

    Science.gov (United States)

    2010-04-01

    ... related activities. 301.6103(j)(1)-1 Section 301.6103(j)(1)-1 Internal Revenue INTERNAL REVENUE SERVICE... and Returns Returns and Records § 301.6103(j)(1)-1 Disclosures of return information reflected on... related activities. (a) General rule. Pursuant to the provisions of section 6103(j)(1) of the...