WorldWideScience

Sample records for current funding period

  1. 40 CFR 35.508 - Funding period.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Funding period. 35.508 Section 35.508... ASSISTANCE Environmental Program Grants for Tribes Preparing An Application § 35.508 Funding period. The Regional Administrator and applicant may negotiate the length of the funding period for environmental...

  2. 40 CFR 35.108 - Funding period.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Funding period. 35.108 Section 35.108... ASSISTANCE Environmental Program Grants Preparing An Application § 35.108 Funding period. The Regional Administrator and applicant may negotiate the length of the funding period for environmental program grants...

  3. PERSISTENCE IN PERFORMANCE FOR MUTUAL FUNDS IN PERIODS OF CRISIS

    Directory of Open Access Journals (Sweden)

    Theodoros KARGIDIS

    2012-09-01

    Full Text Available The study investigates the persistence in performance for a sample of South European funds, domiciled in Portugal, Italy, Greece and Spain. Employing the Sharpe ratio, risk adjusted performance is measured in an attempt to judge the influence of the 2008 crisis and the current debt crisis on funds’ inclination to persist in their previous returns record. Examination period extends from January 2004 to December 2010 incorporating stages of relative stability in the stock and bond markets while also capturing the early stages of the eurozone crisis. We categorize funds as winners and losers in consecutive 6-monthly periods, thus being able to judge persistence in the short run, while our results suggest that the identification of winners and losers could enable us to investigate the possibility to gain investment advantages through this finding. Overall results suggest evidence of persistent results, whether positive or negative, both during the 2008 crisis and the current debt crisis, leading us to deduce that factors leading to performance persistence are not affected by market changes, since medium to long term persistence bypasses any temporary market mischief. This finding could be of use for fund managers aiming at establishing viable investment strategies, at their epicenter being the exploitation of such clues, suggesting persistence in returns. A fund of funds manager employing funds both in equities and fixed income could potentially choose to invest exclusively or more heavily in the winners of previous periods and avoid accordingly poor performers, thus achieving higher returns on average. For this purpose simple investment strategies are employed where we test the outcome of an investment strategy that would invest on fixed income securities by choosing those funds that were winners in the distribution of returns in the previous 6-monthly period, while disinvesting from poor performers and funds switching sides in performance

  4. 22 CFR 145.28 - Period of availability of funds.

    Science.gov (United States)

    2010-04-01

    ... HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS Post-Award Requirements Financial and Program Management § 145.28 Period of availability of funds. Where a funding period is specified,...

  5. 36 CFR 1210.28 - Period of availability of funds.

    Science.gov (United States)

    2010-07-01

    ... HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS Post-Award Requirements Financial and Program Management § 1210.28 Period of availability of funds. Where a funding period is specified,...

  6. 34 CFR 74.28 - Period of availability of funds.

    Science.gov (United States)

    2010-07-01

    ... INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS Post-Award Requirements Financial and Program Management § 74.28 Period of availability of funds. Where a funding period is... 34 Education 1 2010-07-01 2010-07-01 false Period of availability of funds. 74.28 Section...

  7. 13 CFR 143.23 - Period of availability of funds.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Period of availability of funds. 143.23 Section 143.23 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION UNIFORM... Requirements Financial Administration § 143.23 Period of availability of funds. (a) General. Where a...

  8. 38 CFR 49.28 - Period of availability of funds.

    Science.gov (United States)

    2010-07-01

    ... (CONTINUED) UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS Post-Award Requirements Financial and Program Management § 49.28 Period of availability of funds. Where a funding period is specified, a recipient...

  9. 40 CFR 30.28 - Period of availability of funds.

    Science.gov (United States)

    2010-07-01

    ... ASSISTANCE UNIFORM ADMINISTRATIVE REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS Post-Award Requirements Financial and Program Management § 30.28 Period of availability of funds. Where a funding period is specified, a recipient...

  10. 45 CFR 74.28 - Period of availability of funds.

    Science.gov (United States)

    2010-10-01

    ... ADMINISTRATIVE REQUIREMENTS FOR AWARDS AND SUBAWARDS TO INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NONPROFIT ORGANIZATIONS, AND COMMERCIAL ORGANIZATIONS Post-Award Requirements Financial and Program Management § 74.28 Period of availability of funds. Where a funding period is specified, a recipient...

  11. Activities of Endowment Funds for the Period of Destabilization of the Economy

    Directory of Open Access Journals (Sweden)

    Alan Pavlovich Abaev

    2016-10-01

    Full Text Available Endowment fund is gaining its importance as a source of financing higher education institution, and, therefore, the research of endowments’ activities is an urgent task. The current state of the economy in Russia is most often characterized as recessionary. The article sets the task to assess the conditions of endowment funds in times of crisis, under existing sanctions, lower oil quotations and other factors, as well as to analyze the profitability of endowment funds in this period. The study showed that the slowdown in the economy was reflected in the activities of endowment funds. Yield investment strategies significantly decreased in comparison with previous periods. The evaluation of the impact of various economic and political factors on the activities of endowment funds reveals their weaknesses and justifies the need for new approaches in the work of endowment funds. According to the author, the main problem is the lack of opportunities to invest in high-yield financial instruments (investments in futures, options, etc.. Therefore, in the years of economic instability it is more difficult for management companies to balance the profitability of the investment portfolios of endowment funds. According to a study of thirty endowment funds, yield for 2014 was 4.68 %, which did not exceed inflation. The financial turmoil in the world is reflected in the activities of endowment funds. Thereby giving rise to the need for new approaches in the work of endowment funds would enable them to overcome the existing problems and be more resilient in the future.

  12. 45 CFR 2543.28 - Period of availability of funds.

    Science.gov (United States)

    2010-10-01

    ... 45 Public Welfare 4 2010-10-01 2010-10-01 false Period of availability of funds. 2543.28 Section 2543.28 Public Welfare Regulations Relating to Public Welfare (Continued) CORPORATION FOR NATIONAL AND COMMUNITY SERVICE GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON...

  13. 38 CFR 43.23 - Period of availability of funds.

    Science.gov (United States)

    2010-07-01

    ... 38 Pensions, Bonuses, and Veterans' Relief 2 2010-07-01 2010-07-01 false Period of availability of funds. 43.23 Section 43.23 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS... with the submission of the annual Financial Status Report (SF-269). The Federal agency may extend...

  14. 43 CFR 12.63 - Period of availability of funds.

    Science.gov (United States)

    2010-10-01

    ... 43 Public Lands: Interior 1 2010-10-01 2010-10-01 false Period of availability of funds. 12.63 Section 12.63 Public Lands: Interior Office of the Secretary of the Interior ADMINISTRATIVE AND AUDIT REQUIREMENTS AND COST PRINCIPLES FOR ASSISTANCE PROGRAMS Uniform Administrative Requirements for Grants...

  15. 43 CFR 12.928 - Period of availability of funds.

    Science.gov (United States)

    2010-10-01

    ... 43 Public Lands: Interior 1 2010-10-01 2010-10-01 false Period of availability of funds. 12.928 Section 12.928 Public Lands: Interior Office of the Secretary of the Interior ADMINISTRATIVE AND AUDIT REQUIREMENTS AND COST PRINCIPLES FOR ASSISTANCE PROGRAMS Uniform Administrative Requirements for Grants...

  16. Progress Report for DOE DE-FG03-98ER20317 ''Regulation of the floral homeotic gene AGAMOUS'' Current and Final Funding Period: September 1, 2002, to December 31, 2002

    Energy Technology Data Exchange (ETDEWEB)

    Weigel, D.

    2003-03-11

    OAK-B135 Results obtained during this funding period: (1) Phylogenetic footprinting of AG regulatory sequences Sequences necessary and sufficient for AGAMOUS (AG) expression in the center of Arabidopsis flowers are located in the second intron, which is about 3 kb in size. This intron contains binding sites for two transcription factors, LEAFY (LFY) and WUSCHEL (WUS), which are direct activators of AG. We used the new method of phylogenetic shadowing to identify new regulatory elements. Among 29 Brassicaceae, several other motifs, but not the LFY and WUS binding sites previously identified, are largely invariant. Using reporter gene analyses, we tested six of these motifs and found that they are all functionally important for activity of AG regulatory sequences in A. thaliana. (2) Repression of AG by MADS box genes A candidate for repressing AG in the shoot apical meristem has been the MADS box gene FUL, since it is expressed in the shoot apical meristem and since an activated version (FUL:VP16) leads to ectopic AG expression in the shoot apical meristem. However, there is no ectopic AG expression in full single mutants. We therefore started to generate VP16 fusions of several other MADS box genes expressed in the shoot apical meristem, to determine which of these might be candidates for FUL redundant genes. We found that AGL6:VP16 has a similar phenotype as FUL:VP16, suggesting that AGL6 and FUL interact. We are now testing this hypothesis. (3) Two candidate AG regulators, WOW and ULA Because the phylogenetic footprinting project has identified several new candidate regulatory motifs, of which at least one (the CCAATCA motif) has rather strong effects, we had decided to put the analysis of WOW and ULA on hold, and to focus on using the newly identified motifs as tools. We conduct ed yeast one-hybrid screen with two of the conserved motifs, and identified several classes of transcription factors that can interact with them. One of these is encoded by the PAN gene

  17. 75 FR 65710 - Current Value of Funds Rate

    Science.gov (United States)

    2010-10-26

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Fiscal Service Current Value of Funds Rate AGENCY: Financial Management Service, Fiscal Service, Treasury... interest charges for outstanding debts owed to the Government. Treasury's Cash Management Requirements...

  18. Sediment Movement in Periodic Alternating Current

    Institute of Scientific and Technical Information of China (English)

    CAO Zude; KONG Lingshuang; LIU Defu

    2002-01-01

    The present paper summarizes the results of previous studies, including the structure and principle of the rotaryring flume for researching the fine sediment movement, the mechanism of the flume, method of eliminating the influence ofthe centrifugal force and sediment movement experiments with periodic alternating current. Also included are the experi-ment-based relationship among sediment concentration, bed shear stress and silt carrying capacity, a proposed erosion-depo-sition function and bed erosion-deposition calculation together with the results of verification.

  19. 15 CFR 14.28 - Period of availability of funds.

    Science.gov (United States)

    2010-01-01

    ... REQUIREMENTS FOR GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NON-PROFIT, AND COMMERCIAL ORGANIZATIONS Post-Award Requirements Financial and Program Management § 14.28 Period...

  20. 22 CFR 518.28 - Period of availability of funds.

    Science.gov (United States)

    2010-04-01

    ... GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS Post-Award Requirements Financial and Program Management § 518.28 Period of availability of...

  1. 76 FR 8265 - Conformance Period for Entities Engaged in Prohibited Proprietary Trading or Private Equity Fund...

    Science.gov (United States)

    2011-02-14

    ... ``hedge fund'' and ``private equity fund'' as an issuer that would be an investment company, as defined... prohibited proprietary trading in the securities of U.S. companies if such trades were booked outside of the... investments in, or relationships with, hedge funds and private equity funds. The Board also consulted with...

  2. Surveys of current status in biomedical science grant review: funding organisations' and grant reviewers' perspectives

    DEFF Research Database (Denmark)

    Schroter, Sara; Groves, Trish; Højgaard, Liselotte

    2010-01-01

    The objectives of this research were (a) to describe the current status of grant review for biomedical projects and programmes from the perspectives of international funding organisations and grant reviewers, and (b) to explore funders' interest in developing uniform requirements for grant review...... aimed at making the processes and practices of grant review more consistent, transparent, and user friendly....

  3. Surveys of current status in biomedical science grant review: funding organisations' and grant reviewers' perspectives

    DEFF Research Database (Denmark)

    Schroter, Sara; Groves, Trish; Højgaard, Liselotte

    2010-01-01

    The objectives of this research were (a) to describe the current status of grant review for biomedical projects and programmes from the perspectives of international funding organisations and grant reviewers, and (b) to explore funders' interest in developing uniform requirements for grant review...

  4. The current efficiency during the cathodic period of reversing current in copper powder deposition and the overall current efficiency

    Directory of Open Access Journals (Sweden)

    N. D. NIKOLIC

    2003-09-01

    Full Text Available The current efficiency during the cathodic period of reversing current in copper powder deposition was determined by measuring the quantity of hydrogen evolved. The diagrams from which the instantaneous and average current efficiencies for copper deposition can be extracted for any deposition time up to 30 min are given. A procedure for the calculation of the overall current efficiency is proposed.

  5. Period Halving of Persistent Currents in Mesoscopic Mobius Ladders

    Institute of Scientific and Technical Information of China (English)

    邓文基; 许基桓; 刘平

    2002-01-01

    We investigate the period halving of persistent currents (PCs) of non-interacting electrons in isolated mesoscopicMobius ladders without disorder, pierced by Aharonov-Bohm flux. The mechanisms of the period halving effectdepend on the parity of the number of electrons as well as on the interchain hopping. Although the data of PCsin mesoscopic systems are sample specific, some simple rules are found in the canonical ensemble average, forexample, all the odd harmonics of the PCs disappear and the signals of even harmonics are non-negative.

  6. 78 FR 49249 - Child Care and Development Fund (CCDF) Program; Reopening of Comment Period

    Science.gov (United States)

    2013-08-13

    ... HUMAN SERVICES 45 CFR Part 98 Child Care and Development Fund (CCDF) Program; Reopening of Comment... comments on the proposed rule for the Child Care and Development Fund (CCDF), published in the Federal... proposed rule for the Child Care and Development Fund (CCDF) in the Federal Register on May 20, 2013 (78 FR...

  7. INFLUENCE OF EUROPEAN FUNDS ON THE SECTOR OF BOVINE MILK AND MEAT IN ROMANIA IN THE PERIOD 2007-2013

    Directory of Open Access Journals (Sweden)

    Andrei-Marius SANDU

    2014-12-01

    Full Text Available This study aims to analyze the bovine meat and milk sector for the period 2007-2013. In the analyzed period, Romania has benefited from EU funding through the National Rural Development Programme 2007-2013. In this programme there were measures that addressed exclusively to the animal husbandry sector in Romania. This paper presents the results of the analysis on bovine production of meat, milk and livestock in Romania, but also on the price and impact that the European Funds implementation had on them.

  8. IMPORTANT COMMUNICATION: Pension Fund elections - Cancellation of the current voting procedure

    CERN Multimedia

    2004-01-01

    As you are aware, voting is currently under way for the election of two members and two alternates to the Governing Board of the Pension Fund. To this end, all members of the Pension Fund have recently received ballot papers. To ensure fair process, the Regulations for elections of the Pension Fund prescribe that all candidates standing for election must be given an equal amount of publicity space in the Weekly Bulletin to introduce themselves. Accordingly, as on previous occasions, each of the four candidates for this year's elections was granted a slot in the Weekly Bulletins of 11 October and 1 November 2004. While voting was already in process, a flash was published by the Staff Association, endorsing one of the four candidates and inviting members to vote for that particular person only. Thus, one candidate received substantial additional publicity compared to the other three candidates. The matter was raised at the meeting of the Governing Board of 2 November and the Board decided that the ...

  9. FISCAL PRESSURE IN ROMANIA IN THE CURRENT PERIOD

    Directory of Open Access Journals (Sweden)

    HARALAMBIE GEORGE ALIN

    2014-05-01

    Full Text Available Determination of optimal fiscal pressure threshold is difficult to determine given the conditions under which the state must ensure a balance between the goals to be funded, on account of the tax levies, and need to be available to the economic operators and the general public a sufficient portion of the income to continue their work. Practice has shown that an excessive taxation results in reducing budget revenue due to tax fraud and abstinence of tax payers. They will find ingenious ways to evade the payment of tax liabilities by non-taxable matter or by establishing their domicile for tax purposes in a country with low taxation.

  10. Funding, Funding

    Science.gov (United States)

    Altman, Micah

    2009-01-01

    I show herein how to develop fundable proposals to support your research. Although the proposal strategy I discuss is commonly used in successful proposals, most junior faculty (and many senior scholars) in political science and other social sciences seem to be unaware of it. I dispel myths about funding, and discuss how to find funders and target…

  11. Periodic current oscillations of zinc in nitric acid solutions

    Directory of Open Access Journals (Sweden)

    ERVIN SALLÓ

    2008-02-01

    Full Text Available The charge percolation mechanism (CPM of olefin polymerization in the presence of transition metal compounds has been applied to explain the polymerization of ethylene by silica supported chromium oxide. In the previous work of this series, the fundamental issues and mechanism of this polymerization were presented. In this work the compatibility of the CPM with the empirical findings is confirmed. The CPM has been applied to explain: the appearance of an induction period; the deactivation of active centers and the formation of oligomers; the effects of chromium concentration on the silica surface, the silica surface discontinuity and the pore size of silica on polymerization and the formation of the structure of polyethylene. A mathematical model has been derived to explain the effects of the CrOx/SiO2 ratio on the productivity of Phillips catalysts in the polymerization of ethylene. The empirical findings have also been confirmed by computer simulations.

  12. Publication Trend of Clinical Trials with Negative Results Funded by Pharmaceutical Industries for the 2007-2012 Period

    Directory of Open Access Journals (Sweden)

    Evert A. Jiménez-Cotes

    2015-01-01

    Full Text Available Abstract: Objective: To evaluate the results of clinical trials financed by the pharmaceutical industries during the period 2007-2012 in a general medical journal. Materials and methods: We performed an observational cross sectional study where originals clinical trials financed by the pharmaceutical industry published between 2007 and 2012 in the journal The New England Journal of Medicine (http://www.nejm.org were reviewed. Trend Chi2 test was used to evaluate the results of studies over the years. A database was created with different variables, identifying the number of publications and the period of greater publishing negatives studies, as well as the medical specialty and pharmaceutical industry funding. Results: 321 clinical trials were analyzed. The Odds Ratio was calculated for each year evaluated, finding a Chi2 of linear trend in negatives studies of 2.91 with value p 0.08 and positive studies of 1.16 with value p 0.28. It was found that in the period 2007-2009 123 studies were published, 40 % of which presented negative results; unlike the 2010-2012 period in which 198 clinical trials where published, 142 of them, showed positive results, OR 1.68, 95 % CI (1.02-2.78 value p 0.03. The highest figures of negative results were published in 2007: 44.7 %. Conclusions: A progressive decrease in the number of publications with annual general negative results has been observed. A statistically significant difference in the publication of negative studies per year was not found between the periods 2007-2012. The medical specialty that showed the largest number of total and negative publications in both periods was cardiology. The pharmaceutical industry that sponsored most total clinical trials with negative results in both periods did so through Merck, Glaxo SmithKline, and Sanofi-Aventis. 50% of neurology publications showed negative results.

  13. Review of the current application of EU Structural Funds to renewable energy schemes in the UK

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2003-07-01

    This report gives details of a study commissioned to examine the support for UK renewable energy projects received from the EU Structural Funds. The rationale for supporting renewable energy is explored, and the types of activities on which eligible renewable energy projects focus are described. The need for all projects to provide matching funding is discussed along with the range of different types of projects that have been supported, and the different justifications for that support.

  14. The absorption of UE funds in the current context of the cohesion policy

    Directory of Open Access Journals (Sweden)

    Dumitrescu, A.

    2011-01-01

    Full Text Available Romania continues to be affected by the global recession. It has suffered a significant reduction in foreign investment since the start of the recession, as investors have moved away from emerging markets in search for security. Developing an appropriate, focused strategy for the allocation of EU funds is only the first, though perhaps the most important step in implementing the EU cohesion policy. The successful implementation of EU co-funded projects is contingent not only upon the effectiveness of these countries’ administrative systems, but also on the activity of the potential beneficiaries.

  15. Geothermal projects funded under the NER 300 programme - current state of development and knowledge gained

    Science.gov (United States)

    Uihlein, Andreas; Salto Saura, Lourdes; Sigfusson, Bergur; Lichtenvort, Kerstin; Gagliardi, Filippo

    2015-04-01

    Introduction The NER 300 programme, managed by the European Commission is one of the largest funding programmes for innovative low-carbon energy demonstration projects. NER 300 is so called because it is funded from the sale of 300 million emission allowances from the new entrants' reserve (NER) set up for the third phase of the EU emissions trading system (ETS). The programme aims to successfully demonstrate environmentally safe carbon capture and storage (CCS) and innovative renewable energy (RES) technologies on a commercial scale with a view to scaling up production of low-carbon technologies in the EU. Consequently, it supports a wide range of CCS and RES technologies (bioenergy, concentrated solar power, photovoltaics, geothermal, wind, ocean, hydropower, and smart grids). Funded projects and the role of geothermal projects for the programme In total, about EUR 2.1 billion have been awarded to 39 projects through the programme's 2 calls for proposals (the first awarded in December 2012, the second in July 2014). The programme has awarded around 70 mEUR funding to 3 geothermal projects in Hungary, Croatia and France (see Annex). The Hungarian geothermal project awarded funding under the first call will enter into operation at the end of 2015 and the rest are expected to start in 2016 (HR) and in 2018 (FR), respectively. Knowledge Sharing Knowledge sharing requirements are built into the legal basis of the programme as a critical tool to lower risks in bridging the transition to large-scale production of innovative renewable energy and CCS deployment. Projects have to submit annually to the European Commission relevant knowledge gained during that year in the implementation of their project. The relevant knowledge is aggregated and disseminated by the European Commission to industry, research, government, NGO and other interest groups and associations in order to provide a better understanding of the practical challenges that arise in the important step of

  16. Changes in the Loop Current's Eddy Shedding in the Period 2001–2010

    Directory of Open Access Journals (Sweden)

    Fred M. Vukovich

    2012-01-01

    Full Text Available A major change in the Loop Current's eddy shedding was found in the decade 2001–2010. Sixteen (16 rings separated from the Loop Current in that decade, whereas in two previous decades, 11 rings separated in each decade. More than half the rings (i.e., 56% that separated from the Loop Current in the decade 2001–2010 had separation periods ≤8 months. In the period prior to 2001, only 26% of the rings had separation periods ≤8 months. Furthermore, the dataset average period for ring separation for the period prior to 2001, an average over a 29-year period, was about 11 months, and the dataset average Loop Current's westward tilt angle—a factor that indicates whether the Loop Current will soon shed an eddy or not—was about 16°. After the year 2000, the dataset average period for ring separation, an average over a 39-year period, decreased by about 1 month and was about 10 months. The average ring-separation period in the decade 2001–2010 was about 9 months. The dataset average of the Loop Current's westward tilt angle increased by about 5° in the period 1998–2008 and was about 20° in 2010. Potential causes for these changes are discussed.

  17. Comparison of Development of Non-governmental Organizations and the Current State of Their Funding in Slovakia and Austria

    Directory of Open Access Journals (Sweden)

    Svidroňová Mária

    2014-09-01

    Full Text Available Non-governmental organizations play a vital role in the economy of every country. They are not only providers of special type of services that public sector is not capable of providing in full quality and quantity, and private sector is not interested in, but they are also watch dogs of the society and builders of active citizenship. Thus they have become an object of many research studies. The divergence in their goals, sizes, roles, types of services provided, and ways of funding make NGOs an interesting subject. As a goal for our research we therefore chose a comparison of the development and state of the Slovak and Austrian non-profit sector in the view of historical development of both countries. Consequently, we want to evaluate the funding of NGOs in Slovakia and Austria. In the paper we map the development of non-profit sector in Slovakia and Austria and in the context of a common historical development we assess a current state and a potential of economic strength of NGOs in both countries. The output is comparison of funding of NGOs in Slovakia and Austria based on statistical data evaluation. Subsequently, we propose recommendation for suitable diversification of the funding sources.

  18. Geothermal projects funded under the NER 300 programme - current state of development and knowledge gained

    Science.gov (United States)

    Shortall, Ruth; Uihlein, Andreas

    2017-04-01

    Introduction The NER 300 programme, managed by the European Commission is one of the largest funding programmes for innovative low-carbon energy demonstration projects. NER 300 is so called because it is funded from the sale of 300 million emission allowances from the new entrants' reserve (NER) set up for the third phase of the EU emissions trading system (ETS). The programme aims to successfully demonstrate environmentally safe carbon capture and storage (CCS) and innovative renewable energy (RES) technologies on a commercial scale with a view to scaling up production of low-carbon technologies in the EU. Consequently, it supports a wide range of CCS and RES technologies (bioenergy, concentrated solar power, photovoltaics, geothermal, wind, ocean, hydropower, and smart grids). Funded projects and the role of geothermal projects for the programme In total, about EUR 2.1 billion have been awarded through the programme's 2 calls for proposals (the first awarded in December 2012, the second in July 2014). The programme has awarded around EUR 70 million funding to 3 geothermal projects in Hungary, Croatia and France. The Croatian geothermal project will enter into operation during 2017 the Hungarian in 2018, and the French in 2020. Knowledge Sharing Knowledge sharing requirements are built into the legal basis of the programme as a critical tool to lower risks in bridging the transition to large-scale production of innovative renewable energy and CCS deployment. Projects have to submit annually to the European Commission relevant knowledge gained during that year in the implementation of their project. The relevant knowledge is aggregated and disseminated by the European Commission to industry, research, government, NGO and other interest groups and associations in order to provide a better understanding of the practical challenges that arise in the important step of scaling up technologies and operating them at commercial scale. The knowledge sharing of the NER 300

  19. CURRENT STUDY ON THE FUNDING SOURCES COVERAGE OF CURRENT ASSETS TO COMPANIES LISTED ON THE BUCHAREST STOCK EXCHANGE

    Directory of Open Access Journals (Sweden)

    Teodor HADA

    2014-06-01

    Full Text Available This paper presents issues about the coverage with financing sources of current assets for 64 companies listed on the Bucharest Stock Exchange. The aim of the study is to see how to calculate indicators specific to current assets and the general framework offered as whole analysis of the financing sources of current assets. The introduction of the paper presents the objective, the research methodology and the novelties brought by this study. Further on, this study shows the various views of the authors about the concept of "current assets", financing sources of current assets, the calculation of net working capital, setting the limits of the normal working capital and determining the speed of rotation. After that was done, based on the theory, a case study was performed, for companies covered in this study. Conclusions focused on determining the final data about what was detailed in the previous paragraphs.

  20. Studies on the Circulation Problem of Flood-prevention Funds in Jiadao Period%嘉道年间河费使用问题探析

    Institute of Scientific and Technical Information of China (English)

    曹志敏

    2011-01-01

    论述了嘉道时期河费激增的概况及其使用效率问题,认为河费除了治河所必需的部分以外,在清代形成了一个仰食河费的庞大社会阶层,影响了河费的正常使用.%The condition of increasing funds of flood-prevention and the use of the fund in the Jiadao Period was expounded. It was believed that besides of the necessary part of river treatment, there was a gigantic social stratum that lived on flood-prevention funds, which influenced the effective utilization of the flood-prevention funds.

  1. Funding of Ukrainian universities: Current situation and possible ways of its solution

    Directory of Open Access Journals (Sweden)

    Nataliia Konstantiuk

    2015-11-01

    Full Text Available The article provides a comparative analysis of Ukrainian education funding and funding education of some developed countries. The relationship between the financing of education and GDP is shown in article. It proved the importance of higher education in economic development of the country. However, despite the importance of higher education, Ukrainian universities have significant difficulties. Three groups of the challenges are discovered that are faced today Ukrainian universities. All groups of problems mentioned above, which the higher educational institutions deal with, cause the worsening of their financial situation and result in the disadvantage of the national science and education. Expenditures on education and science are offered viewed as an investment in human capital and the country's economy. Such investments in the sphere of education have proved to be correct, because the reversible effect is seen. These are those countries, which are the leaders in the amount of GDP in the world. That is, the investments in education are justified for both the country and the individual. So, the system of higher education is very important for future economic development of Ukraine. But it doesn't have enough financial resources for successful existence. All this results in looking for the intensive means of financial support of the higher educational institutions, the most important of which can be financial diversification and broadening of the institution autonomy.

  2. [The Continuity Between World War II and the Postwar Period: Grant Distribution by the Japan Society for the Promotion of Science and the Subsidiary Fund for Scientific Research].

    Science.gov (United States)

    Mizusawa, Hikari

    2015-01-01

    This paper analyzes the distribution of the Subsidiary Fund for Scientific Research, a predecessor to the Grant-in-Aid for Scientific Research (KAKENHI), which operated in Japan from the 1930s to 1950s. It reveals that the Japanese government maintained this wide-ranging promotion system since its establishment during the war until well into the postwar period. Previous studies insist that, at the end of the war, the Japanese government generally only funded the research that it considered immediately and practically useful. In contrast to this general perception, my analysis illustrates that both before and after the war, funding was allotted to four research areas: natural science, engineering, agriculture, and medicine. In order to illuminate this continuity, I compare the Subsidiary Fund with another research fund existing from 1933 to 1947: the Grant of the Japan Society for the Promotion of Science (JSPS). The comparison demonstrates that the JSPS received externally raised capital from the military and munitions companies. However, while this group focused upon engineering and military-related research as the war dragged on, the Subsidiary Fund has consistently entrusted scientists with the authority to decide the allocation of financial support.

  3. 77 FR 9664 - Funds for Leadership Training in Pediatric Dentistry's Current Grantees; One-Year Extension

    Science.gov (United States)

    2012-02-17

    ... Dentistry's Current Grantees; One-Year Extension AGENCY: Health Resources and Services Administration (HRSA... Pediatric Dentistry's (T17) Current Grantees. SUMMARY: The Health Resources and Services Administration... Pediatric Dentistry awards to Columbia University, The Regents of the University of California and...

  4. Periodic magnetic structures generated by spin–polarized currents in nanostripes

    Energy Technology Data Exchange (ETDEWEB)

    Volkov, Oleksii M., E-mail: alexey@volkov.ca; Sheka, Denis D. [Taras Shevchenko National University of Kiev, 01601 Kiev (Ukraine); Kravchuk, Volodymyr P.; Gaididei, Yuri [Bogolyubov Institute for Theoretical Physics, 03680 Kiev (Ukraine); Mertens, Franz G. [Physics Institute, University of Bayreuth, 95440 Bayreuth (Germany)

    2013-11-25

    The influence of a transverse spin–polarized current on long ferromagnetic nanostripes is studied numerically. The magnetization behavior is analyzed for all range of the applied currents, up to the saturation. It is shown that the saturation current is a nonmonotonic function of the stripe width. A number of stable periodic magnetization structures are observed below the saturation. Type of the periodical structure depends on the stripe width. Besides the one–dimensional domain structure, typical for narrow wires, and the two–dimensional vortex–antivortex lattice, typical for wide films, a number of intermediate structures are observed, e.g., cross–tie and diamond state.

  5. Evaluation of wet tantalum capacitors after exposure to extended periods of ripple current, volume 2

    Science.gov (United States)

    Ward, C. M.

    1975-01-01

    The application of tantalum capacitors in the Viking Lander includes dc voltage and ripple current electrical stress, high temperature during nonoperating times (sterilization), and high vibration and shock loads. The capacitors must survive these severe environments without any degradation if reliable performance is to be achieved. A test program was established to evaluate both wet-slug tantalum and wet-foil capacitors under conditions accurately duplicating actual Viking applications. Test results of the electrical performance characteristics during extended periods of ripple current, the characteristics of the internal silver migration as a function of extended periods of ripple current, and the existence of any memory characteristics are presented.

  6. Evaluation of wet tantalum capacitors after exposure to extended periods of ripple current, volume 1

    Science.gov (United States)

    Watson, G. W.; Lasharr, J. C.; Shumaker, M. J.

    1974-01-01

    The application of tantalum capacitors in the Viking Lander includes both dc voltage and ripple current electrical stress, high temperature during nonoperating times (sterilization), and high vibration and shock loads. The capacitors must survive these severe environments without any degradation if reliable performance is to be achieved. A test program was established to evaluate both wet-slug tantalum and wet-foil capacitors under conditions accurately duplicating actual Viking applications. Test results of the electrical performance characteristics during extended periods of ripple current, the characteristics of the internal silver migration as a function for extended periods of ripple current, and the existence of any memory characteristics are presented.

  7. The antagonism of push and pull strategies, and the current funding campaigns to fight orphan diseases.

    Science.gov (United States)

    Leoni, Patrick

    2011-01-01

    We argue that an increase in investments in R&D for innovative treatments to eradicate neglected diseases in developing countries leads to a rational decrease in investments in available treatment technologies. In a formal model where the government of a developing country seeks to optimally allocate public resources, we show that the higher the odds of appearance of an innovative treatment, as occurring when investments in R&D increase, the lower the optimal provision of current treatments and other health expenditures. We also show that this phenomenon is aggravated when the opportunity cost of investments in current treatments increases. This implies that welfare in developing countries deteriorates as innovative treatments are more likely to become available. We also describe an insurance scheme that remedies these issues, and that leads to Pareto-optimal allocations regardless of the investment level in R&D for innovative treatments. Copyright © 2010 Elsevier Ltd. All rights reserved.

  8. Alzheimer disease research in the 21st century: past and current failures, new perspectives and funding priorities.

    Science.gov (United States)

    Pistollato, Francesca; Ohayon, Elan L; Lam, Ann; Langley, Gillian R; Novak, Thomas J; Pamies, David; Perry, George; Trushina, Eugenia; Williams, Robin S B; Roher, Alex E; Hartung, Thomas; Harnad, Stevan; Barnard, Neal; Morris, Martha Clare; Lai, Mei-Chun; Merkley, Ryan; Chandrasekera, P Charukeshi

    2016-06-28

    Much of Alzheimer disease (AD) research has been traditionally based on the use of animals, which have been extensively applied in an effort to both improve our understanding of the pathophysiological mechanisms of the disease and to test novel therapeutic approaches. However, decades of such research have not effectively translated into substantial therapeutic success for human patients. Here we critically discuss these issues in order to determine how existing human-based methods can be applied to study AD pathology and develop novel therapeutics. These methods, which include patient-derived cells, computational analysis and models, together with large-scale epidemiological studies represent novel and exciting tools to enhance and forward AD research. In particular, these methods are helping advance AD research by contributing multifactorial and multidimensional perspectives, especially considering the crucial role played by lifestyle risk factors in the determination of AD risk. In addition to research techniques, we also consider related pitfalls and flaws in the current research funding system. Conversely, we identify encouraging new trends in research and government policy. In light of these new research directions, we provide recommendations regarding prioritization of research funding. The goal of this document is to stimulate scientific and public discussion on the need to explore new avenues in AD research, considering outcome and ethics as core principles to reliably judge traditional research efforts and eventually undertake new research strategies.

  9. [Current status of clinical and molecular-biological research on familial periodic paralysis].

    Science.gov (United States)

    Shishiba, Y

    1997-12-01

    Types of periodic paralysis seen in Japan are numerous: the one most frequently seen is hypokalemic periodic paralysis. Among them, approximately 50% are secondary to thyrotoxicosis. Number of families of familial hyperkalemic periodic paralysis have also been reported so far. Several cases of hyperkalemic periodic paralysis secondary to thyrotoxicosis have also been reported exclusively from Japan. As the pathogenesis of hypokalemic periodic paralysis, depolarization block induced by membrane permeability change in the face of hypokalemia triggered by excess insulin was strongly suggested and supported experimentally in part. Recent linkage analysis on familial hypokalemic periodic paralysis revealed that the abnormality is linked to a mutation in voltage-gated Ca channel. The difficulty remains how to explain the cause of hypokalemia which is almost always preceding the attack of periodic paralysis of this type. The cause of hyperkalemic periodic paralysis was shown to be the mutation in voltage-gated Na channel. Failure of inactivation of the channel causes an increase in inward sodium current which results in depolarization and accumulation of potassium. The explanation of the pathogenesis of paralysis is straight-forward when compared to that of hypokalemic periodic paralysis.

  10. Validation of Finite Element Solutions of Nonlinear, Periodic Eddy Current Problems

    Directory of Open Access Journals (Sweden)

    Plasser René

    2014-12-01

    Full Text Available An industrial application is presented to validate a finite element analysis of 3-dimensional, nonlinear eddy-current problems with periodic excitation. The harmonic- balance method and the fixed-point technique are applied to get the steady state solution using the finite element method. The losses occurring in steel reinforcements underneath a reactor due to induced eddy-currents are computed and compared to measurements.

  11. Advertising or public relations – which is the organizations choice in the current period?

    Directory of Open Access Journals (Sweden)

    Simona Duhalm

    2009-12-01

    Full Text Available In the current period, when the issue of efficient use of financial resources is a central, organizations seeking the best ways to both promote their self-image, and products or services they produce and sell. Between the promotional techniques by the mass communication in which organizations can appeal, the makers have to choose between advertising and public relations activities.

  12. 14 CFR Section 15 - Objective Classification-Income Taxes for Current Period

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Objective Classification-Income Taxes for Current Period Section 15 Section 15 Aeronautics and Space OFFICE OF THE SECRETARY, DEPARTMENT OF... CERTIFICATED AIR CARRIERS Profit and Loss Classification Section 15 Objective Classification—Income Taxes for...

  13. Hyperpolarization-Activated Current Induces Period-Doubling Cascades and Chaos in a Cold Thermoreceptor Model

    Science.gov (United States)

    Xu, Kesheng; Maidana, Jean P.; Caviedes, Mauricio; Quero, Daniel; Aguirre, Pablo; Orio, Patricio

    2017-01-01

    In this article, we describe and analyze the chaotic behavior of a conductance-based neuronal bursting model. This is a model with a reduced number of variables, yet it retains biophysical plausibility. Inspired by the activity of cold thermoreceptors, the model contains a persistent Sodium current, a Calcium-activated Potassium current and a hyperpolarization-activated current (Ih) that drive a slow subthreshold oscillation. Driven by this oscillation, a fast subsystem (fast Sodium and Potassium currents) fires action potentials in a periodic fashion. Depending on the parameters, this model can generate a variety of firing patterns that includes bursting, regular tonic and polymodal firing. Here we show that the transitions between different firing patterns are often accompanied by a range of chaotic firing, as suggested by an irregular, non-periodic firing pattern. To confirm this, we measure the maximum Lyapunov exponent of the voltage trajectories, and the Lyapunov exponent and Lempel-Ziv's complexity of the ISI time series. The four-variable slow system (without spiking) also generates chaotic behavior, and bifurcation analysis shows that this is often originated by period doubling cascades. Either with or without spikes, chaos is no longer generated when the Ih is removed from the system. As the model is biologically plausible with biophysically meaningful parameters, we propose it as a useful tool to understand chaotic dynamics in neurons. PMID:28344550

  14. Pension fund

    CERN Multimedia

    2006-01-01

    At its June 2006 meeting, the Finance Committee approved the following amendment to Article 6a of the Regulations for elections to the Governing Board of the Pension Fund, which will enter into force on 1.7.2006: Current text New text ... 6a. The Administrator of the Fund shall be responsible for holding the elections and for issuing all relevant information. ... ... 6a. The Administrator of the Fund shall be responsible for holding the elections by electronic voting or, if this method cannot be used, following the procedure outlined in Articles 6i., 6j. and 6k. below. He shall issue to the members of the Pension Fund all relevant information concerning the elections. The deadlines mentioned in paragraphs 6i. and 6j. below shall apply mutatis mutandis to electronic voting. ... The amendment will allow the Pension Fund to use an electronic voting procedure for the election of elected members to the Governing Board of the Fund. It will be included in a complete new edition of the Rules and Regulatio...

  15. Skyrmion dynamics in a chiral magnet driven by periodically varying spin currents*

    Science.gov (United States)

    Zhu, Rui; Zhang, Yin-Yan

    2016-12-01

    In this work, we investigated the spin dynamics in a slab of chiral magnets induced by an alternating (ac) spin current. Periodic trajectories of the skyrmion in real space are discovered under the ac current as a result of the Magnus and viscous forces, which originate from the Gilbert damping, the spin transfer torque, and the β-nonadiabatic torque effects. The results are obtained by numerically solving the Landau-Lifshitz-Gilbert equation and can be explained by the Thiele equation characterizing the skyrmion core motion. Supplementary material in the form of one avi file available from the Journal web page at: http://dx.doi.org/10.1140/epjb/e2016-70467-9

  16. 4pi periodic Josephson current through a Quantum Spin-Hall edge

    Science.gov (United States)

    Dahlhaus, Jan; Beenakker, Carlo; Pikulin, Dmitry; Hyart, Timo; Schomerus, Henning

    2014-03-01

    The helical edge state of a quantum spin-Hall insulator can carry a supercurrent in equilibrium between two superconducting electrodes (separation L, coherence length ?). We calculate the maximum (critical) current Ic that can flow without dissipation along a single edge, going beyond the short-junction restriction L?? of earlier work, and find a dependence on the fermion parity of the ground state when L becomes larger than ?. Fermion-parity conservation doubles the critical current in the low-temperature, long-junction limit, while for a short junction Ic is the same with or without parity constraints. This provides a phase-insensitive, dc signature of the 4?-periodic Josephson effect.

  17. Finite element solution of nonlinear eddy current problems with periodic excitation and its industrial applications.

    Science.gov (United States)

    Bíró, Oszkár; Koczka, Gergely; Preis, Kurt

    2014-05-01

    An efficient finite element method to take account of the nonlinearity of the magnetic materials when analyzing three-dimensional eddy current problems is presented in this paper. The problem is formulated in terms of vector and scalar potentials approximated by edge and node based finite element basis functions. The application of Galerkin techniques leads to a large, nonlinear system of ordinary differential equations in the time domain. The excitations are assumed to be time-periodic and the steady-state periodic solution is of interest only. This is represented either in the frequency domain as a finite Fourier series or in the time domain as a set of discrete time values within one period for each finite element degree of freedom. The former approach is the (continuous) harmonic balance method and, in the latter one, discrete Fourier transformation will be shown to lead to a discrete harmonic balance method. Due to the nonlinearity, all harmonics, both continuous and discrete, are coupled to each other. The harmonics would be decoupled if the problem were linear, therefore, a special nonlinear iteration technique, the fixed-point method is used to linearize the equations by selecting a time-independent permeability distribution, the so-called fixed-point permeability in each nonlinear iteration step. This leads to uncoupled harmonics within these steps. As industrial applications, analyses of large power transformers are presented. The first example is the computation of the electromagnetic field of a single-phase transformer in the time domain with the results compared to those obtained by traditional time-stepping techniques. In the second application, an advanced model of the same transformer is analyzed in the frequency domain by the harmonic balance method with the effect of the presence of higher harmonics on the losses investigated. Finally a third example tackles the case of direct current (DC) bias in the coils of a single-phase transformer.

  18. Perineuronal nets increase inhibitory GABAergic currents during the critical period in rats

    Directory of Open Access Journals (Sweden)

    Zheng-Qin Yin

    2013-04-01

    Full Text Available AIM: To investigate inhibitory γ-aminobutyric acid (GABA ergic postsynaptic currents (IPSCs and postsynaptic currents (PSCs in layer IV of the rat visual cortex during the critical period and when plasticity was extended through dissolution of the perineuronal nets (PNNs.METHODS:We employed 24 normal Long-Evans rats to study GABAA-PSC characteristics of neurons within layer IV of the visual cortex during development. The animals were divided into six groups of four rats according to ages at recording:PW3 (P21-23d, PW4 (P28-30d, PW5 (P35-37d, PW6 (P42-44d, PW7 (P49-51d, and PW8 (56-58d. An additional 24 chondroitin sulfate proteoglycan (CSPG degradation rats (also Long-Evans were generated by making a pattern of injections of chondroitinase ABC (chABC into the visual cortex 1 week prior to recording at PW3, PW4, PW5, PW6, PW7, and PW8. Immunohistochemistry was used to identify the effect of chABC injection on CSPGs. PSCswere detected with whole-cell patch recordings, and GABAA receptor-mediated IPSCs were pharmacologically isolated.RESULTS:IPSC peak current showed a strong rise in the age-matched control group, peaked at PW5 and were maintained at a roughly constant value thereafter. Although there was a small increase in peak current for the chABC group with age, the peak currents continued to decrease with the delayed highest value at PW6, resulting in significantly different week-by-week comparison with normal development. IPSC decay time continued to increase until PW7 in the control group, while those in the chABC group were maintained at a stable level after an initial increase at PW4. Compared with normal rats, the decay times recorded in the chABC rats were always shorter, which differed significantly at each age. We did not observe any differences in IPSC properties between the age-matched control and penicillinase (P-ase group.However, the change in IPSCs after chABC treatment was not reflected in the total PSCs or in basic membrane

  19. 17 CFR 270.2a-4 - Definition of “current net asset value” for use in computing periodically the current price of...

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Definition of âcurrent net asset valueâ for use in computing periodically the current price of redeemable security. 270.2a-4... AND REGULATIONS, INVESTMENT COMPANY ACT OF 1940 § 270.2a-4 Definition of “current net asset value” for...

  20. CURRENT CONSIDERATIONS ABOUT COST-BENEFIT ANALYSIS ANDABSORPTION OF THE STRUCTURAL AND COHESION FUNDS USED FOR INVESTMENT PROJECTS FROM ROMANIA

    OpenAIRE

    2012-01-01

    The purpose of this article is to point out the poor absorption problem not only in Romania but also in other Member States of the European Union in terms of Structural and Cohesion Funds At the same time I will point out that the use of the Cost Benefit Analysis (CBA) has big flaws when it comes to funding public investment decisions in the EU cohesion policy. In terms of the Cost Benefit Analysis when dealing with the purpose of using ex-ante (that is a priority of any public commitment to ...

  1. A Four-Cell Periodically HOM-Damped RF Cavity for High Current Accelerators

    CERN Document Server

    Wu, G; Wang, H

    2004-01-01

    A periodically Higher Order Mode (HOM) damped RF cavity is a weakly coupled multi-cell RF cavity with HOM couplers periodically mounted between the cells. It was studied as an alternative RF structure between the single cell cavity and superstructure cavity in high beam current application requiring strong damping of the HOMs. The acceleration mode in this design is the lowest frequency mode (Zero Mode) in the pass band, in contrast to the traditional “π” acceleration mode. The acceleration mode of a four-cell Zero Mode cavity has been studied along with the monopole and dipole HOMs. Some HOMs have been modeled in HFSS with waveguide HOM couplers, which were subsequently verified by MAFIA time domain analysis. To understand the tuning challenge for the weakly coupled cavity, ANSYS and SUPERFISH codes were used to simulate the cavity frequency sensitivity and field flatness change within proper tuning range, which will influence the design of the tuner structure. This paper presen...

  2. Antibiotic prescribing policy of the Republic health insurance fund of Montenegro in the period 2000-2004: Effects of drug utilization reform strategy

    Directory of Open Access Journals (Sweden)

    Duborija-Kovačević Nataša

    2006-01-01

    Full Text Available Introduction. Monitoring of antibiotic prescribing promotes rational use of these drugs, reduces costs and slows down the progress of resistance. The objective of present study was to analyze the effects of drug utilization reform strategy realized by the Republic Health Insurance Fund of Montenegro, during the period 2000-2004. Material and methods. This before-after comparative pharmacoepidemiological study comprised a sample of 100% prescription only antibiotics available in public pharmacies during the period 2000-2004. The drug use was calculated using A TC/DDD methodology and Wilcoxon's test for matched pairs was used in order to calculate the statistical significance of difference. Results. Antibiotic prescribing was aproximately lower by 12% in 2004 in regard to 2000 (12.80 vs. 14.57 DDDs, p>0.05. The participation of this pharmacotherapeutic group in the total drug dispensing has remained almost equal (aproximately 8%. The highest increase in prescribing was established for macrolides (1.05 vs. 1.64 DDDs, 59%; penicillins were also prescribed more frequently (6.41 vs. 6.56 DDDs, 2%. but other subgroups were prescribed less frequently: cephalosporins - (23% (3.11 vs. 2.43 DDDs and quinolones - (63% f 1.10 vs. 0.47 DDDs. Conclusion The drug utilization reform strategy showed mostly positive effects on antibiotic prescribing during the period 2000-2004. Further educational activities are necessary in order to establish more rational approach to prescribing and utilization of antibiotics. .

  3. Modulation of periodic field on the atomic current in optical lattices with Landau-Zener tunneling considered

    Science.gov (United States)

    Yan, Jie-Yun; Wang, Lan-Yu

    2016-09-01

    We investigate the atomic current in optical lattices under the presence of both constant and periodic external field with Landau-Zener tunneling considered. By simplifying the system to a two-band model, the atomic current is obtained based on the Boltzmann equations. We focus on three situations to discuss the influence of the Landau-Zener tunneling and periodic field on the atomic current. Numerical calculations show the atomic transient current would finally become the stable oscillation, whose amplitude and average value can be further adjusted by the periodic external field. It is concluded that the periodic external field could provide an effective modulation on the atomic current even when the Landau-Zener tunneling probability has almostly become a constant.

  4. Modulation of periodic field on the atomic current in optical lattices with Landau–Zener tunneling considered

    Energy Technology Data Exchange (ETDEWEB)

    Yan, Jie-Yun, E-mail: jyyan@bupt.edu.cn; Wang, Lan-Yu, E-mail: lan_yu_wang@163.com

    2016-09-01

    We investigate the atomic current in optical lattices under the presence of both constant and periodic external field with Landau–Zener tunneling considered. By simplifying the system to a two-band model, the atomic current is obtained based on the Boltzmann equations. We focus on three situations to discuss the influence of the Landau–Zener tunneling and periodic field on the atomic current. Numerical calculations show the atomic transient current would finally become the stable oscillation, whose amplitude and average value can be further adjusted by the periodic external field. It is concluded that the periodic external field could provide an effective modulation on the atomic current even when the Landau–Zener tunneling probability has almostly become a constant.

  5. Geroscience: Addressing the mismatch between its exciting research opportunities, its economic imperative and its current funding crisis.

    Science.gov (United States)

    Martin, George M

    2016-11-19

    There is at present a huge disconnect between levels of funding for basic research on fundamental mechanisms of biological aging and, given demographic projections, the anticipated enormous social and economic impacts of a litany of chronic diseases for which aging is by far the major risk factor: One valuable approach, recently instigated by Felipe Sierra & colleagues at the US National Institute on Aging, is the development of a Geroscience Interest Group among virtually all of the NIH institutes. A complementary approach would be to seek major escalations of private funding. The American Federation for Aging Research, the Paul Glenn Foundation and the Ellison Medical Foundation pioneered efforts by the private sector to provide substantial supplements to public sources of funding. It is time for our community to organize efforts towards the enhancements of such crucial contributions, especially in support of the emerging generation of young investigators, many of whom are leaving our ranks to seek alternative employment. To do so, we must provide potential donors with strong economic, humanitarian and scientific rationales. An initial approach to such efforts is briefly outlined in this manuscript as a basis for wider discussions within our community.

  6. The Role of the Funding System and Guarantee Credits Destined to Small Entrepreneurs in the Current Context I

    Directory of Open Access Journals (Sweden)

    Georgeta Dragomir

    2011-12-01

    Full Text Available Financing schemes do not limit only to covering the financing needs from their own fundsor raised ones. Their role should insure that the economic development is impelled, ensuring thenecessary funds, as a whole, but especially at the level of small entrepreneurs, much more exposed tothe turmoil of the contemporary economy. At EU level it is recognized the important contribution thatthe SMEs bring to the economic development and growth, as they are creators of employmentopportunities and key factors of local and regional prosperity. But the funding needs are increasinglyhigher and the access to financing is more difficult, mainly due to the lack, insufficient or limitedavailability of guarantees. In this context, the guarantee funds represent a solution, proven by theEuropean economies and recently launched in Romania. Guarantees as financial instrument todevelop and stimulate the entrepreneur are issued by specialized organisms, respectively by banks orguarantee founds. Guarantee founds are an active part in European business environment. Theanalysis in this paper is based on the study of official documents, reports of specialized bodies,statistics and examples of good practice, summarized and interpreted in comparison and indevelopments. The aim is identifying a series of issues that can lead to the influence of responsiblefactors–the public authorities, credit institutions, professionals–in order to come up with newpractical solutions that would induce the guaranteeing process qualitativefactors and to stimulate thefinancing process of small entrepreneurs.

  7. A Fiscal Cliff: The Current U.S. Federal Budget, Potential Cuts, and Impacts on Science Funding

    Science.gov (United States)

    Uhlenbrock, K. M.; Landau, E. A.; Hankin, E. R.

    2012-12-01

    As lawmakers on Capitol Hill face challenges to reach an agreement on how to cut the deficit while growing the economy, scientists must join the discussion and outline the serious impacts cuts to federal science programs will have on our society. Consistent and sustained federal science funding (discretionary spending) is an ever increasing struggle with the rising costs of mandatory spending and decrease in revenues. In 2011 Congress passed the Budget Control Act, which will require automatic across-the-board cuts, known as sequestration, and will take effect on 2 January 2013. Estimated cuts of $1.2 trillion and discretionary spending caps set at Fiscal Year 2012 levels will trigger non-defense program cuts of 9.8% in the first year as reported by the Congressional Research Service. Funding from non-defense program agencies such as NSF, NASA, DOE, NOAA, USGS, and others drive science and technological innovation, support public safety, create jobs, educate generations of scientists, stimulate the economy, protect our environment, and enrich lives. With non-defense discretionary programs representing less than one-fifth of the federal budget, severe cuts to these programs will not alleviate our deficit, but instead restrict our growth.

  8. Saturn's Periodic Magnetosphere: The Relation Between Periodic Hot Plasma Injections, a Rotating Partial Ring Current, Global Magnetic Field Distortions, Plasmapause Motion, and Radio Emissions

    Science.gov (United States)

    Brandt, P. C.; Mitchell, D. G.; Gurnett, D. A.; Persoon, A. M.; Tsyganenko, N. A.

    2012-04-01

    It has been know for some time that the large-scale energetic particle injections (~3-200 keV) on the nigh side of Saturn observed by Cassini/INCA are closely tracked by the periodic Saturn Kilometric Radiation (SKR). The resulting energetic particle pressure is comparable to that of the colder plasma and it therefore distorts the global magnetic field significantly as the energetic particle population drifts around Saturn. In this presentation we discuss the important consequences this has for the large-scale dynamics and configuration of the entire inner magnetosphere of Saturn. We begin by reviewing the observational correlations between remote, global INCA observations of energetic particles, magnetic field distortions, and radio emissions. We present examples of how the magnetic field measurements and the INCA observations show direct implications of a rotating 3D electrical current system associated with, not only, the energetic particle pressure, but also with an interhemispheric field-aligned current (FAC) system. Recently, we found an intriguing high correlation also between the periodic motion of the high-latitude plasmapause-like boundary reported by Gurnett et al. [2011] and the energetic particles observed remotely by INCA that are periodically injected on the night side and then drift around Saturn according to their energy. In our preliminary analysis we see a direct correlation in at least 75% of the case with the center of drifting energetic particle distribution [Brandt et al., 2010] and the encounter with the rotating plasmapause-like density boundary [Gurnett et al., 2011]. However, the remaining, low-correlation cases suggest that we do not fully understand the global, 3D current system that produces the periodic perturbations in Saturn's magnetosphere. We will use these observations to constrain the underlying 3D current system and in particular, assess the role of interhemispheric FACs in reproducing the observations.

  9. Current research funding methods dumb down health care and rehabilitation for disabled people and aging population: a call for a change.

    Science.gov (United States)

    Negrini, S; Padua, L; Kiekens, C; Michail, X; Boldrini, P

    2014-12-01

    Health care systems in Western societies are faced with two major challenges: aging populations and the growing burden of chronic conditions. This translates into more persons with disabilities and the need for more Physical and Rehabilitation Medicine (PRM) services. We raise the point of how these emerging needs are faced by the actual research funding. We briefly present the results of an analysis we made about research funding by the Italian National Health Service as an interesting case study, since it relates to Italy (the financer) and the United States, where National Institutes of Health (NIH) reviewers were identified according to their classification of research topics. The topics of potentially greatest interest for aging Western societies, like chronicity, disability and rehabilitation, were among those least often funded and considered in the traditional method of financing research projects. These results could be based on those PRM peculiarities that make the specialty different from all other classical biomedical specialties, namely the bio-psycho-social approach and its specific research methodologies. Moreover, PRM researchers are spread among the different topics as usually classified, and it is probable that PRM projects are judged by non-PRM reviewers. There are at least two possible ways in which research can be better placed to meet the emerging needs of Western societies (chronicity, disability and consequently also rehabilitation). One is to create specific keywords on these topics so as to improve the match between researchers and reviewers; the second is to allocate specific funds to research in these areas. In fact, the not coherence between emerging needs and research priorities have already been periodically addressed in the past with specific "political" and/or "social" initiatives, when researchers were forced to respond to new emergencies: some historical examples include cancer or HIV and viral diseases or the recent Ebola

  10. 78 FR 76791 - Availability of Version 4.0 of the Connect America Fund Phase II Cost Model; Adopting Current...

    Science.gov (United States)

    2013-12-19

    ... provide additional protection from harsh weather. This version modifies the prior methodology used for..., which provides more detail on the current model architecture, processing steps, and data sources...

  11. Enhancing the Frequency Adaptability of Periodic Current Controllers for Grid-Connected Power Converters

    DEFF Research Database (Denmark)

    Yang, Yongheng; Zhou, Keliang; Blaabjerg, Frede

    2015-01-01

    (PR) and Repetitive Controllers (RC). The synchronization is actually to detect the instantaneous grid information (e.g., frequency and phase of the grid voltage) for the current control, which is commonly performed by a Phase-Locked-Loop (PLL) system. As a consequence, harmonics and deviations......It is mandatory for grid-connected power converters to synchronize the feed-in currents with the grid. Moreover, the power converters should produce feed-in currents with low total harmonic distortions according to the demands, by employing advanced current controllers, e.g., Proportional Resonant...... deviations. Experiments on a single-phase grid-connected inverter system are presented, which have verified the proposals and also the effectiveness of the frequency adaptive current controllers....

  12. Mutual Fund Performances of Polish Domestic Equity Fund Managers 1

    National Research Council Canada - National Science Library

    Gözde Ünal; Ömer Faruk Tan

    2015-01-01

    .... A total of 14 equity fund managers' performances are analyzed. The study can be guiding especially for investors who are interested in Polish equity fund performances in a period where emerging stock markets outperformed with QE.

  13. Current situation of China rare earth industry and outlook for "2011-2015" period

    Institute of Scientific and Technical Information of China (English)

    SONG Hongfang

    2011-01-01

    State government intensified regulation on rare earth industry during the "Eleventh-Five year" period (2006- 2010) and had implemented series of control measures, which played an positive role in reversing low selling price of rare earths, prohibiting illegal mining, improving scattered operation and cracking down on smuggling. Through asset replacement,

  14. Enhancing the Frequency Adaptability of Periodic Current Controllers with a Fixed Sampling Rate for Grid-Connected Power Converters

    DEFF Research Database (Denmark)

    Yang, Yongheng; Zhou, Keliang; Blaabjerg, Frede

    2016-01-01

    the instantaneous grid information (e.g., frequency and phase of the grid voltage) for the current control, which is commonly performed by a Phase-Locked-Loop (PLL) system. Hence, harmonics and deviations in the estimated frequency by the PLL could lead to current tracking performance degradation, especially...... for the periodic signal controllers (e.g., PR and RC) with a fixed sampling rate. In this paper, the impacts of frequency deviations induced by the PLL and/or the grid disturbances on the selected current controllers are investigated by analyzing the frequency adaptability of these current controllers....... Subsequently, strategies to enhance the frequency adaptability of the current controllers are proposed for the power converters to produce high quality feed-in currents even in the presence of grid frequency deviations. Specifically, by feeding back the PLL estimated frequency to update the center frequencies...

  15. A Fund of Wisdom

    DEFF Research Database (Denmark)

    Seabrooke, Leonard; Broome, André

    2006-01-01

    the Fund's advice on taxation and monetary reform to two coordinated market economies, Denmark and Sweden, and two liberal market economies, Australia and New Zealand from 1975 to 2004. It maps how the Fund advocated "policy revolutions" and "policy recombinations" during this period, advice that coincided...

  16. Charge effects controlling the current hysteresis and negative differential resistance in periodical nanosize Si/CaF sub 2 structures

    CERN Document Server

    Berashevich, Y A; Kholod, A N; Borisenko, V E

    2002-01-01

    A kinetic model of charge carrier transport in nanosize periodical Si/CaF sub 2 structures via localized states in dielectric is proposed. Computer simulation of the current-voltage characteristics of such structures has shown that the built-in field arises in a dielectric due to polarization of the trapped charge by localized centers. This results in current hysteresis and negative differential resistance region at the current-voltage characteristics when the bias polarity is changed. At temperature below 250 K, the portion of negative differential resistance vanishes

  17. Electrode fall voltage of arc between deion plates during direct-current interruption period

    Science.gov (United States)

    Yokomizu, Y.; Ueda, Y.; Matsumura, T.; Ichikawa, T.; Niwa, Y.; Sakaguchi, W.

    2017-07-01

    A direct-current low-voltage circuit breaker has an arc chute that consists of a stack of several metallic deion plates. The deion plate is also called a splitter plate. The function of the deion plates is to split the arc into several series short-gap arcs. This phenomenon leads to the emergence of electrode fall voltages in the arc chute, eventually contributing to rise in the total arc-voltage in the circuit breaker and to successful current-interruption. The electrode fall voltage therefore plays an important role for successful current-interruption. The present paper describes the estimation result for the electrode fall voltage {{v}\\text{ele}} of the arc between steel deion plates. The estimation is performed by using a newly devised method. This method utilizes the voltage {{v}\\text{chute}} measured across the arc chute and eventually derives {{v}\\text{ele}} on the basis of the statistics: a correlation coefficient between an arc-column electric-field strength {{E}\\text{col}} and an arc current i. Adopting the devised method enabled us to derive 19 V as {{v}\\text{ele}} . Verification is furthermore made to show the validity of the determined electrode-fall voltage, 19 V.

  18. The Measurement of the Sensory Recovery Period in Zygoma and Blow-Out Fractures with Neurometer Current Perception Threshold

    Directory of Open Access Journals (Sweden)

    Daemyung Oh

    2016-09-01

    Full Text Available BackgroundFacial hypoesthesia is one of the most troublesome complaints in the management of facial bone fractures. However, there is a lack of literature on facial sensory recovery after facial trauma. The purpose of this study was to evaluate the facial sensory recovery period for facial bone fractures using Neurometer.MethodsSixty-three patients who underwent open reduction of zygomatic and blowout fractures between December 2013 and July 2015 were included in the study. The facial sensory status of the patients was repeatedly examined preoperatively and postoperatively by Neurometer current perception threshold (CPT until the results were normalized.ResultsAmong the 63 subjects, 30 patients had normal Neurometer results preoperatively and postoperatively. According to fracture types, 17 patients with blowout fracture had a median recovery period of 0.25 months. Twelve patients with zygomatic fracture had a median recovery period of 1.00 month. Four patients with both fracture types had a median recovery period of 0.625 months. The median recovery period of all 33 patients was 0.25 months. There was no statistically significant difference in the sensory recovery period between types and subgroups of zygomatic and blowout fractures. In addition, there was no statistically significant difference in the sensory recovery period according to Neurometer results and the patients' own subjective reports.ConclusionsNeurometer CPT is effective for evaluating and comparing preoperative and postoperative facial sensory status and evaluating the sensory recovery period in facial bone fracture patients.

  19. The Measurement of the Sensory Recovery Period in Zygoma and Blow-Out Fractures with Neurometer Current Perception Threshold.

    Science.gov (United States)

    Oh, Daemyung; Yun, Taebin; Kim, Junhyung; Choi, Jaehoon; Jeong, Woonhyeok; Chu, Hojun; Lee, Soyoung

    2016-09-01

    Facial hypoesthesia is one of the most troublesome complaints in the management of facial bone fractures. However, there is a lack of literature on facial sensory recovery after facial trauma. The purpose of this study was to evaluate the facial sensory recovery period for facial bone fractures using Neurometer. Sixty-three patients who underwent open reduction of zygomatic and blowout fractures between December 2013 and July 2015 were included in the study. The facial sensory status of the patients was repeatedly examined preoperatively and postoperatively by Neurometer current perception threshold (CPT) until the results were normalized. Among the 63 subjects, 30 patients had normal Neurometer results preoperatively and postoperatively. According to fracture types, 17 patients with blowout fracture had a median recovery period of 0.25 months. Twelve patients with zygomatic fracture had a median recovery period of 1.00 month. Four patients with both fracture types had a median recovery period of 0.625 months. The median recovery period of all 33 patients was 0.25 months. There was no statistically significant difference in the sensory recovery period between types and subgroups of zygomatic and blowout fractures. In addition, there was no statistically significant difference in the sensory recovery period according to Neurometer results and the patients' own subjective reports. Neurometer CPT is effective for evaluating and comparing preoperative and postoperative facial sensory status and evaluating the sensory recovery period in facial bone fracture patients.

  20. Current medical research funding and frameworks are insufficient to address the health risks of global environmental change.

    Science.gov (United States)

    Ebi, Kristie L; Semenza, Jan C; Rocklöv, Joacim

    2016-11-11

    Three major international agreements signed in 2015 are key milestones for transitioning to more sustainable and resilient societies: the UN 2030 Agenda for Sustainable Development; the Sendai Framework for Disaster Risk Reduction; and the Paris Agreement under the United Nations Framework Convention on Climate Change. Together, these agreements underscore the critical importance of understanding and managing the health risks of global changes, to ensure continued population health improvements in the face of significant social and environmental change over this century. BODY: Funding priorities of major health institutions and organizations in the U.S. and Europe do not match research investments with needs to inform implementation of these international agreements. In the U.S., the National Institutes of Health commit 0.025 % of their annual research budget to climate change and health. The European Union Seventh Framework Programme committed 0.08 % of the total budget to climate change and health; the amount committed under Horizon 2020 was 0.04 % of the budget. Two issues apparently contributing to this mismatch are viewing climate change primarily as an environmental problem, and therefore the responsibility of other research streams; and narrowly framing research into managing the health risks of climate variability and change from the perspective of medicine and traditional public health. This reductionist, top-down perspective focuses on proximate, individual level risk factors. While highly successful in reducing disease burdens, this framing is insufficient to protect health and well-being over a century that will be characterized by profound social and environmental changes. International commitments in 2015 underscored the significant challenges societies will face this century from climate change and other global changes. However, the low priority placed on understanding and managing the associated health risks by national and international research

  1. Analysis of longer period variation of the Kuroshio Current intrusion into the Luzon Strait using rectified wavelet power spectra

    Science.gov (United States)

    Yuan, Yaochu; Yang, Chenghao; Tseng, Yu-heng; Zhu, Xiao-Hua; Wang, Huiqun; Chen, Hong

    2017-08-01

    Longer period variation of the Kuroshio into the Luzon Strait (LS) was identified using acoustic Doppler current profiler (ADCP) observations as well as pressure and temperature time series data recorded by two TDs (manufactured by the RBR Ltd.) at mooring station N2 (20°40.441‧N, 120°38.324‧E). The ADCP was deployed at depths of 50-300 m between July 7, 2009 and April 10, 2011, and the TDs at around 340 and 365 m between July 9, 2009 and July 9, 2011. Observations provide strong evidence of longer period variation of the Kuroshio into the LS using the Vector rotary spectra (VRS) and Rectified wavelet power spectra analysis (RWPSA). RWPSA of the observations allowed the identification of two types of dominant periods. The first type, with the strongest power spectral density (PSD), had a dominant period of 112 d and was found throughout the upper 300 m. For example, the maximum PSD for western and northern velocity components time series were 3800 and 3550 at 50 m, respectively. The maximum power spectral density decrease with deeper depths, i.e., the depth dependence of maximum PSD. The 112 d period was also identified in the pressure and temperature time series data, at 340 m and 365 m. Combined RWPSA with VRS and mechanism analysis, it is clear that the occurrence of the most dominant period of 112 d in the upper 300 m is related to the clockwise meandering of the Kuroshio into the LS, which is caused by westward propagating stronger anticyclonic eddies from the interior ocean due to the interaction of Rossby eddies with the Kuroshio. The second type of dominant period, for example a 40 d period, is related to the anticlockwise meandering of the Kuroshio. The final dominant period of 14 d coincides with the fortnightly spring-neap tidal period.

  2. On the Optimal Degree Of Funding Of Public Sector Pension Plans

    NARCIS (Netherlands)

    Meijdam, A.C.; Ponds, E.H.M.

    2013-01-01

    Abstract: This paper explores the optimal degree of funding of public sector pension plans. It is assumed that a benevolent social planner decides on the contribution of current taxpayers to the funding of public sector pensions next period, weighing the interests of current and future tax payers. T

  3. DCB Funding

    Science.gov (United States)

    The Division of Cancer Biology (DCB) funds and supports extramural basic research that investigates the fundamental biology behind cancer. Find out more about DCB's grants process and funding opportunities.

  4. Early response to sibutramine in patients not meeting current label criteria: preliminary analysis of SCOUT lead-in period

    DEFF Research Database (Denmark)

    Caterson, Ian; Coutinho, Walmir; Finer, Nick;

    2010-01-01

    The Sibutramine Cardiovascular Outcomes (SCOUT) trial protocol defines a patient population predominantly outside current European Union label criteria. This article explores responses to sibutramine during the 6-week, single-blind, lead-in period between patients who conformed to the label......-in period. Initial responses were assessed post hoc in label conformers and nonconformers. Of that 8.1% patients met label criteria; 91.9%, the majority with cardiovascular disease and/or blood pressure >145/90 mm Hg, were nonconformers. Conformers and nonconformers had similar reductions in body weight...

  5. Current knowledge of environmental exposure in children during the sensitive developmental periods.

    Science.gov (United States)

    Perlroth, Norma Helena; Castelo Branco, Christina Wyss

    This study aims to identify the scientific evidence on the risks and effects of exposure to environmental contaminants in children during sensitive developmental periods. The search was performed in the Bireme database, using the terms: children's health, environmental exposure, health vulnerability, toxicity pathways and developmental disabilities in the LILACS, MEDLINE and SciELO systems. Children differ from adults in their unique physiological and behavioral characteristics and the potential exposure to risks caused by several threats in the environment. Exposure to toxic agents is analyzed through toxicokinetic processes in the several systems and organs during the sensitive phases of child development. The caused effects are reflected in the increased prevalence of congenital malformations, diarrhea, asthma, cancer, endocrine and neurological disorders, among others, with negative impacts throughout adult life. To identify the causes and understand the mechanisms involved in the genesis of these diseases is a challenge for science, as there is still a lack of knowledge on children's susceptibility to many environmental contaminants. Prevention policies and more research on child environmental health, improving the recording and surveillance of environmental risks to children's health, should be an ongoing priority in the public health field. Copyright © 2016 Sociedade Brasileira de Pediatria. Published by Elsevier Editora Ltda. All rights reserved.

  6. The Current Status of Ticks in Turkey: A 100-Year Period Review from 1916 to 2016.

    Science.gov (United States)

    İnci, Abdullah; Yıldırım, Alparslan; Düzlü, Önder

    2016-09-01

    Environmental and bio-ecological changes, some administrative and political mistakes, and global warming seriously affect the behaviors of ticks in Turkey and globally. The global public sensitivity toward tick infestations has increased along with increases in tick-borne diseases (TBDs). Recently, the World Health Organization (WHO) developed a new political concept, "One Health," for specific struggle strategies against tick infestations and TBDs. To highlight the importance of the issue, the WHO had declared the year 2015 for vector-borne diseases and adopted the slogan "small bites big threat". In global struggle strategies, the epidemiological aspects and dynamics of increasing tick populations and their effects on the incidence of the TBDs mainly with zoonotic characteristics have been specifically targeted. In Turkey, during the last century, approximately 47 tick species, including eight soft and 39 hard tick species in three and six genera belonging to Argasidae and Ixodidae, respectively, had already been reported. In this article, the recorded tick species, regional infestations, and medical and veterinary importance in Turkey were chronologically reviewed based on a 100-year period between 1916 and 2016.

  7. Dark current and light illumination effects on grating formation during periodic long-term operation in photorefractive polymers

    Energy Technology Data Exchange (ETDEWEB)

    Fujihara, T. [Center for Emergent Matter Science (CEMS), RIKEN, 2-1 Hirosawa, Wako, Saitama 351-0198 (Japan); Mamiya, J. [Chemical Resources Laboratory, Tokyo Institute of Technology, R1-12, 4259 Nagatsuta, Midori-ku, Yokohama 226-8503 (Japan); Kawamoto, M. [Center for Emergent Matter Science (CEMS), RIKEN, 2-1 Hirosawa, Wako, Saitama 351-0198 (Japan); Nano Medical Engineering Laboratory, RIKEN, 2-1 Hirosawa, Wako, Saitama 351-0198 (Japan); Sassa, T., E-mail: tsassa@riken.jp [Center for Emergent Matter Science (CEMS), RIKEN, 2-1 Hirosawa, Wako, Saitama 351-0198 (Japan); Advanced Device Laboratory, RIKEN, 2-1 Hirosawa, Wako, Saitama 351-0198 (Japan)

    2014-01-14

    Photorefractive grating formation dynamics in long-timescale writing and the effects of periodic writing through the control of writing beam irradiation or electric field application were investigated using typical photorefractive polymers. Both dark current and writing beam irradiation affected grating formation dynamics. Dark current in polymers changed the effective trap density over time through deep trap filling and/or detrapping and thus affected grating formation considerably. The writing beam irradiation also affected grating development in the presence of an electric field owing to the accumulation of filled deep traps. However, grating development recovered after the elimination of the electric field freed up the filled deep traps.

  8. An integral-equation method using interstitial currents devoted to the analysis of multilayered periodic structures with complex inclusions

    CERN Document Server

    Ozdemir, Nilufer A

    2014-01-01

    An efficient surface integral equation-based method is proposed for the analysis of electromagnetic scattering from multilayered media containing complex periodic inclusions. The proposed method defines equivalent currents at the interfaces between layers in order to eliminate the need to compute the layered medium Green's function. Hence, the background medium in a given layer can be treated as a homogeneous unbounded medium for which the computation of the Green's function for an infinite doubly periodic array is sufficient. The resulting method-of-moments interaction matrix has a block tridiagonal structure, which leads to computational complexity proportional to the number of layers for both matrix filling and solution. When all layers are identical, the filling time essentially reduces to that of a single layer, and the interaction matrix has a Toeplitz structure. Numerical results are provided for the reflectivity of multilayered periodic arrays of spherical silver core-silica shell nanoparticles, excit...

  9. A New Method of Chinese Current Periodical Classification Shelving%中文现刊分类排架新探

    Institute of Scientific and Technical Information of China (English)

    普菁平

    2011-01-01

    This paper introduced a new method of Chinese current periodical shelving used in Tsinghua SEM Library. Chinese current periodical is divided into 4 groups: core journal, learned journal, academic journal and magazine, based on traditional classification shelf-arrangement, call number of a specific journal consists of classification number title number and position number. The Author also describes the procedure of planning and implement, advantage and disadvantage of this new method in the current periodical management.%主要介绍了清华大学经济管理学院图书馆对中文现刊进行分类排架所采用的一种新方法.在分类标引的基础上,将中文现刊分为核心刊区、学报区、一般专业刊区、非学术刊区四大区域,并用“分类号+种次号+架位号”作为索刊号来定位刊物,并对此种排架方式的思路形成、具体实施过程、优势与不足进行了讨论。

  10. Administrative circulars No. 22A (rev. 1) – Award of additional periods of membership in the Pensions Fund for long-term shift work and No. 22B (rev. 1) – Compensation for long-term shift work hours

    CERN Multimedia

    HR Department

    2011-01-01

    Administrative Circulars No. 22A (Rev. 1) entitled "Award of additional periods of membership in the Pension Fund for long-term shift work" and No. 22B (Rev.1) entitled “Compensation for long-term shift work hours”, adopted following discussion in the Standing Concertation Committee meeting of 21 September 2010 and entering into force on 1 March 2011, are available on the intranet site of the Human Resources Department: http://cern.ch/hr-docs/admincirc/admincirc.asp They cancel and replace Administrative Circulars No. 22A and 22B entitled "Award of additional periods of membership in the Pension Fund to shift workers (Early Departure)” and “Duration and special compensation for shift work” of January 2000. This new version clarifies, in particular, the compensation of effective long-term shift work hours. Department Head Office  

  11. Mutual Fund Performances of Polish Domestic Equity Fund Managers

    Directory of Open Access Journals (Sweden)

    ömer faruk tan

    2015-10-01

    Full Text Available Abstract: Purpose of the article: The main purpose of the paper is empirically evaluating selectivity skills and market timing ability of Polish fund managers during the period from January 2009 to November 2014. After the global financial crisis of 2008, in this period of quantitative easing (QE, thanks to an increase in the money supply, a capital flow from developed countries to developing countries was observed. In this study, we try to analyse that although the financial market in Poland made an incredible progress, whether fund managers show better or worse performance than the market. Methodology/Methods: In order to evaluate fund manager performances, Jensen alpha (1968 is computed, which depicts selectivity skills of fund managers. For determining market timing ability of fund managers, Treynor&Mazuy (1966 regression analysis and Henriksson&Merton (1981 regression analysis are applied. Fund performances are evaluated using Warsaw Stock Exchange Index as the benchmark index. Scientific aim: In this study, we have tried to evaluate selectivity skills and market timing ability of Polish fund managers. A total of 14 equity fund managers’ performances are analysed. The study can be guiding especially for investors who are interested in Polish equity fund performances in a period where emerging stock markets outperformed with quantitative easing. Findings: Jensen (1968 alphas indicate that over this period fund managers did not have selective ability, as none of the 14 funds had statistically significant positive alphas. Furthermore, Treynor&Mazuy (1966 and Henriksson&Merton (1981 regression analysis indicate that over the same period fund managers did not also have market timing ability, as again none of the 14 funds had statistically significant positive coefficients. Conclusion: In this work, we can detect that in the era of quantitative easing, although the financial market in Poland made an incredible progress, the fund returns were

  12. Calcium window currents, periodic forcing, and chaos: Understanding single neuron response with a discontinuous one-dimensional map

    Science.gov (United States)

    Laudanski, J.; Sumner, C.; Coombes, S.

    2010-07-01

    Thalamocortical (TC) neurones are known to express the low-voltage activated, inactivating Ca2+ current IT . The triggering of this current underlies the generation of low threshold Ca2+ potentials that may evoke single or bursts of action potentials. Moreover, this current can contribute to an intrinsic slow (dynamics for the gating variables in the model of IT . This model can be analyzed in closed form and is shown to support an unstable set of periodic orbits. Trajectories are repelled from these organizing centers until they reach the threshold for firing. By determining the condition for a grazing bifurcation (at the border between a spiking and nonspiking event) we show how knowledge of the unstable periodic orbits (existence and stability) can be combined with the grazing condition to determine an effective one-dimensional map that captures the essentials of the chaotic behavior. This map is discontinuous and has strong similarities with the universal limit mapping in grazing bifurcations derived in the context of impacting mechanical systems [A. B. Nordmark, Phys. Rev. E 55, 266 (1997)10.1103/PhysRevE.55.266].

  13. Period-doubling bifurcation cascade observed in a ferromagnetic nanoparticle under the action of a spin-polarized current

    Energy Technology Data Exchange (ETDEWEB)

    Horley, Paul P., E-mail: paul.horley@cimav.edu.mx [Centro de Investigación en Materiales Avanzados, S.C. (CIMAV), Chihuahua/Monterrey, 120 Avenida Miguel de Cervantes, 31109 Chihuahua (Mexico); Kushnir, Mykola Ya. [Yuri Fedkovych Chernivtsi National University, 2 Kotsyubynsky str., 58012 Chernivtsi (Ukraine); Morales-Meza, Mishel [Centro de Investigación en Materiales Avanzados, S.C. (CIMAV), Chihuahua/Monterrey, 120 Avenida Miguel de Cervantes, 31109 Chihuahua (Mexico); Sukhov, Alexander [Institut für Physik, Martin-Luther Universität Halle-Wittenberg, 06120 Halle (Saale) (Germany); Rusyn, Volodymyr [Yuri Fedkovych Chernivtsi National University, 2 Kotsyubynsky str., 58012 Chernivtsi (Ukraine)

    2016-04-01

    We report on complex magnetization dynamics in a forced spin valve oscillator subjected to a varying magnetic field and a constant spin-polarized current. The transition from periodic to chaotic magnetic motion was illustrated with bifurcation diagrams and Hausdorff dimension – the methods developed for dissipative self-organizing systems. It was shown that bifurcation cascades can be obtained either by tuning the injected spin-polarized current or by changing the magnitude of applied magnetic field. The order–chaos transition in magnetization dynamics can be also directly observed from the hysteresis curves. The resulting complex oscillations are useful for development of spin-valve devices operating in harmonic and chaotic modes.

  14. PENSION FUND

    CERN Multimedia

    2007-01-01

    The 2006 Annual Report of the Pension Fund, which was approved by Council at its session of 22 June 2007, is now available from Departmental secretariats. Pension beneficiaries who wish to obtain this document should contact the Administration of the Fund (tel. 004122 767 9194/8798), bldg 5, 1-030.

  15. Pension fund

    CERN Multimedia

    2006-01-01

    The 2005 Annual Report of the Pension Fund, which was approved by Council at its session of 23 June 2006, is now available from Departmental secretariats. Pension beneficiaries who wish to obtain this document should contact the Administration of the Fund (tel. 00 41 22 767 91 94), bldg 5, 1-030.

  16. PENSION FUND

    CERN Multimedia

    2007-01-01

    The 2006 Annual Report of the Pension Fund, which was approved by Council at its Session of 22 June 2007, is now available from Departmental secretariats. Pension beneficiaries who wish to obtain this document should contact the Administration of the Fund (tel. 004122 767 9194/8798), Bldg 5, 1-030.

  17. Pension Fund

    CERN Multimedia

    2005-01-01

    The 2004 Annual Report of the Pension Fund, which was approved by Council at its session of 17 June 2004, will be available as of beginning of July from Department secretariats. Pension beneficiaries who wish to obtain this document should contact the Administration of the Fund (tel. 004122 767 9194), bldg 5, 1-030.

  18. Pension Fund

    CERN Multimedia

    HR Department

    2009-01-01

    In line with the decisions concerning the new governance of the Pension Fund taken by the Council in June and September 2007, amendments to Section 2 "Structure and Functions" of the Rules of the Fund (Article I 2.08 – Composition of the Investment Committee and Article I 2.08b – Chairman of the Investment Committee) entered into force on 1st January 2009. These articles replace the provisions of the existing Regulations of the Investment Committee of the Pension Fund relating to the composition and chairman of the Investment Committee. Amendment No. 27 (PDF document) may be downloaded directly from the Pension Fund website: http://pensions.web.cern.ch/Pensions/statuts___rules.htm or obtained from the Administration of the Fund (Tel. 022 7672742, mailto:Barbara.Bordjah@cern.ch).

  19. Pension fund

    CERN Multimedia

    Staff Association

    2014-01-01

    Letter sent on Monday 8 December 2014 to the delegates of the Member States to CERN Council An item on the agenda of the CERN Council of Thursday 11 December concerned the CERN Pension Fund, namely a discussion of a document that proposes how to respond to the many questions concerning pensions that had been submitted by thirteen Member State delegations. That document lists all these questions and proposes, as a first step, to consider the legal feasibility and the actuarial cost to transform our current defined-benefit pension scheme into a defined-contribution scheme. Once again, several delegates show their determination to worsen our pension conditions. The Staff Association’s Pension Commission, in a special meeting on Thursday, 4 December, has decided to send an open letter to the delegates of the CERN Council. In this letter (shown below) the Staff Association and CERN-ESO Pensions’ Association express their opposition to these intentions. We underline, once more, that the 2010...

  20. [Changes in features of diabetes care in Hungary in the period of years 2001-2014. Aims and methods of the database analysis of the National Health Insurance Fund].

    Science.gov (United States)

    Jermendy, György; Kempler, Péter; Abonyi-Tóth, Zsolt; Rokszin, György; Wittmann, István

    2016-08-01

    In the last couple of years, database analyses have become increasingly popular among clinical-epidemiological investigations. In Hungary, the National Health Insurance Fund serves as central database of all medical attendances in state departments and purchases of drug prescriptions in pharmacies. Data from in- and outpatient departments as well as those from pharmacies are regularly collected in this database which is public and accessible on request. The aim of this retrospective study was to investigate the database of the National Health Insurance Fund in order to analyze the diabetes-associated morbidity and mortality in the period of years 2001-2014. Moreover, data of therapeutic costs, features of hospitalizations and practice of antidiabetic treatment were examined. The authors report now on the method of the database analysis. It is to be hoped that the upcoming results of this investigation will add some new data to recent knowledge about diabetes care in Hungary. Orv. Hetil., 2016, 157(32), 1259-1265.

  1. Pension Fund

    CERN Multimedia

    2005-01-01

    Amendment No 21 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Department/Unit secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force on 17.03.2005, concerns Article I 2.05 (Composition of the Governing Board) and Article I 2.06 (Chairman and Vice-Chairmen of the Governing Board) of the Rules of the Pension Fund.

  2. Research of Factors Affecting Pension Funds Efficiency

    Directory of Open Access Journals (Sweden)

    Marius Liutvinavičius

    2013-08-01

    Full Text Available Currently Lithuania has an old-age pension system of three pillars. Unfortunately, when making an investment decision, too few factors are used that affect strategy effectiveness. It is necessary to develop tools to better assess the risks and more accurately simulate the potential long-term investment scenarios. The article deals with the investment strategy to the second and third pillar pension funds in order to maximize investment returns and reduce risks. A smart software tool allows you to simulate an accrual depending on the rate of return, the accumulation period, the level of contributions, the fund’s profitability and other factors. The study shows that using the Social Insurance Fund contributions, personal contributions and the state provided additives can accumulate significantly greater amounts of money than collecting only the second pillar pension funds contributions. For implementation of the proposed methodology it is necessary to ensure a minimum level of personal pension scheme members fundraising to the third pillar pension funds. On the other hand, the study revealed that in some cases investment to private pension funds can be useless. Private pension funds have become popular between unprofessional investors who don’t have sufficient knowledge. Research shows that financial institutions do not always provide the optimal proposals. Advanced software tools can help make better investment decisions. Commercial tools usually show potential profits of investment, but not always pay sufficient  attention to potential risks. This article analyzes both good and bad investment scenarios.

  3. Research of Factors Affecting Pension Funds Efficiency

    Directory of Open Access Journals (Sweden)

    Virgilijus Sakalauskas

    2011-12-01

    Full Text Available Currently Lithuania has an old-age pension system of three pillars.Unfortunately, when making an investment decision, too few factors are used that affect strategy effectiveness. It is necessary to develop tools to better assess the risks and more accurately simulate the potential long-term investment scenarios.The article deals with the investment strategy to the second and third pillar pension funds in order to maximize investment returns and reduce risks. A smart software tool allows you to simulate an accrual depending on the rate of return, the accumulation period, the level of contributions, the fund’s profitability and other factors.The study shows that using the Social Insurance Fund contributions, personal contributions and the state provided additives can accumulate significantly greater amounts of money than collecting only the second pillar pension funds contributions. For implementation of the proposed methodology it is necessary to ensure a minimum level of personal pension scheme members fundraising to the third pillar pension funds. On the other hand, the study revealed that in some cases investment to private pension funds can be useless.Private pension funds have become popular between unprofessional investors who don’t have sufficient knowledge. Research shows that financial institutions do not always provide the optimal proposals. Advanced software tools can help make better investment decisions. Commercial tools usually show potential profits of investment, but not always pay sufficient attention to potential risks. This article analyzes both good and bad investment scenarios.

  4. On the Optimal Degree Of Funding Of Public Sector Pension Plans

    OpenAIRE

    Meijdam, A.C.; Ponds, E.H.M.

    2013-01-01

    Abstract: This paper explores the optimal degree of funding of public sector pension plans. It is assumed that a benevolent social planner decides on the contribution of current taxpayers to the funding of public sector pensions next period, weighing the interests of current and future tax payers. Two elements play a role in the optimal funding decision: the optimal-portfolio choice (i.e. the tradeoff between the expected excess return and the additional risk of funding vis-à-vis pay-as-you-g...

  5. Pension Fund

    CERN Multimedia

    HR Department

    2007-01-01

    In line with the decisions taken by the Council in June and September 2007 concerning the new governance of the Pension Fund, amendments to Section 2 (Structure and Functions) of the Rules of the Fund entered into force on 1st November 2007 (Article I 2.05 – Composition of the Governing Board and Article I 2.06 – Chairman and Vice-Chairman of the Governing Board). The Rules, updated to include all the amendments introduced since 1st January 2007, may be downloaded in A4 format (PDF document) directly from the Pension Fund website or obtained from the Administration of the Fund (Tel. 022 767 2742, Sophia.Revol@cern.ch).

  6. Funding innovation

    CERN Multimedia

    Marina Giampietro

    2012-01-01

    For the first time, six knowledge and technology transfer activities are set to benefit from a dedicated fund made available by the Knowledge Transfer group. This initiative cements CERN’s commitment to sharing its technological knowledge and expertise with society.   GEM detectors for flame detection and early earthquake prediction, radio-frequency absorbers for energy recovery, and exotic radioisotopes for medical applications are among the projects funded by the recently introduced KT Fund. “CERN’s scientific programme generates a considerable amount of intellectual property, a natural driver for innovation,” explains Giovanni Anelli, Head of the Knowledge Transfer Group. “Very often, though, financial support is needed to bring the newly-born technologies a step further and make them ready for transfer to other research institutes or to companies.” This is where the KT fund comes into play. It provides vital support in the early sta...

  7. Pension Fund

    CERN Multimedia

    HR Department

    2009-01-01

    In line with the decisions taken by the Council in June and September 2007 concerning the new governance of the Pension Fund, amendments to Section 2 «Structure and Functions» of the Rules of the Fund entered into force on 1st January 2009 (Article I 2.08 – Composition of the Investment Committee and Article I 2.08bis – Chairman of the Investment Committee). Amendment n°27 may be downloaded (PDF document) directly from the Pension Fund website: http://pensions.web.cern.ch/Pensions/statuts___rules.htm or obtained from the Administration of the Fund (Tel. 022 767 2742, mailto:Barbara.Bordjah@cern.ch).

  8. Pension Fund

    CERN Multimedia

    2006-01-01

    As announced in the Bulletin during the summer, the Pension Fund has published a complete new version of the Fund's Rules and Regulations incorporating all amendments up to 1 November 2006, following the decisions of the CERN Council. This new version of the Rules and Regulations can be downloaded in A4 format (pdf document) directly from the Pension Fund's website (http://pensions.web.cern.ch/Pensions/statuts___rules.htm for the Rules and http://pensions.web.cern.ch/Pensions/règlements___regulations.htm for the Regulations) or obtained from the Fund Administration (Tel. 022 767 27 42, Building 5, 1-030, or by e-mail Sophia.Revol@cern.ch).

  9. PENSION FUND

    CERN Document Server

    2001-01-01

    Amendment No 17 to the Rules and Regulations of the Pension Fund relating to the technical adjustment of the coefficients C made necessary by the integration of the members of the CERN personnel into the new career structure on 1.9.2001 can be obtained from Divisional secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030.

  10. Pension Fund

    CERN Multimedia

    HR Department

    2008-01-01

    The 2007 Annual Report and Accounts of the Pension Fund which was approved by Council at its session of 20 June 2008, is now available from the Departmental secretariats. Pension beneficiaries who wish to obtain this document should contact Emilie Clerc (Tel. + 41 22 767 87 98), building 5-5/017. It is also available on the Pension fund site: http://pensions.web.cern.ch/Pensions/

  11. Pension Fund

    CERN Multimedia

    HR Department

    2008-01-01

    The 2007 Annual Report and Accounts of the Pension Fund which was approved by Council at its session of 20 June 2008, is now available from the Departmental secretariats. Pension beneficiaries who wish to obtain this document should contact Emilie Clerc (Tel. + 41 22 767 87 98), building 5-5/017. It is also available on the Pension fund site: http://pensions.web.cern.ch/Pensions/

  12. Pension Fund

    CERN Multimedia

    2004-01-01

    Amendment No 20 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Department/Unit secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force on 1.1.2004, concerns the fixed sums and allowances adjusted at same date (Annex B).

  13. Pension Fund

    CERN Multimedia

    HR Department

    2008-01-01

    The Pension Fund Governing Board (PFGB) held two meetings over the summer, the first on 9 June and the second on 1st September. The agendas of the two meetings had several items in common, including progress reports on the work of the four working groups. Group 1, which is responsible for the revision of Chapter I, Section 2 of the Rules of the Fund, has made good progress but will need more time to complete its terms of reference in view of the number and complexity of the articles to be amended. In parallel, the Group has approved a code of conduct for the Pension Fund, which is based, in particular, on the new charter introduced for Swiss pension funds by the Swiss Association of Provident Institutions (ASIP) and the CFA (Chartered Financial Analyst) code of ethics applicable to members of pension fund bodies. The PFGB took note that the Group had also been working on the rules relating to the status of the personnel of the Fund and the composition of the Investment Committee. The work of Group 2, responsi...

  14. Disrupted coupling of gating charge displacement to Na+ current activation for DIIS4 mutations in hypokalemic periodic paralysis.

    Science.gov (United States)

    Mi, Wentao; Rybalchenko, Volodymyr; Cannon, Stephen C

    2014-08-01

    Missense mutations at arginine residues in the S4 voltage-sensor domains of NaV1.4 are an established cause of hypokalemic periodic paralysis, an inherited disorder of skeletal muscle involving recurrent episodes of weakness in conjunction with low serum K(+). Expression studies in oocytes have revealed anomalous, hyperpolarization-activated gating pore currents in mutant channels. This aberrant gating pore conductance creates a small inward current at the resting potential that is thought to contribute to susceptibility to depolarization in low K(+) during attacks of weakness. A critical component of this hypothesis is the magnitude of the gating pore conductance relative to other conductances that are active at the resting potential in mammalian muscle: large enough to favor episodes of paradoxical depolarization in low K(+), yet not so large as to permanently depolarize the fiber. To improve the estimate of the specific conductance for the gating pore in affected muscle, we sequentially measured Na(+) current through the channel pore, gating pore current, and gating charge displacement in oocytes expressing R669H, R672G, or wild-type NaV1.4 channels. The relative conductance of the gating pore to that of the pore domain pathway for Na(+) was 0.03%, which implies a specific conductance in muscle from heterozygous patients of ∼ 10 µS/cm(2) or 1% of the total resting conductance. Unexpectedly, our data also revealed a substantial decoupling between gating charge displacement and peak Na(+) current for both R669H and R672G mutant channels. This decoupling predicts a reduced Na(+) current density in affected muscle, consistent with the observations that the maximal dV/dt and peak amplitude of the action potential are reduced in fibers from patients with R672G and in a knock-in mouse model of R669H. The defective coupling between gating charge displacement and channel activation identifies a previously unappreciated mechanism that contributes to the reduced

  15. Stochastic slowly adapting ionic currents may provide a decorrelation mechanism for neural oscillators by causing wander in the intrinsic period.

    Science.gov (United States)

    Norman, Sharon E; Butera, Robert J; Canavier, Carmen C

    2016-09-01

    Oscillatory neurons integrate their synaptic inputs in fundamentally different ways than normally quiescent neurons. We show that the oscillation period of invertebrate endogenous pacemaker neurons wanders, producing random fluctuations in the interspike intervals (ISI) on a time scale of seconds to minutes, which decorrelates pairs of neurons in hybrid circuits constructed using the dynamic clamp. The autocorrelation of the ISI sequence remained high for many ISIs, but the autocorrelation of the ΔISI series had on average a single nonzero value, which was negative at a lag of one interval. We reproduced these results using a simple integrate and fire (IF) model with a stochastic population of channels carrying an adaptation current with a stochastic component that was integrated with a slow time scale, suggesting that a similar population of channels underlies the observed wander in the period. Using autoregressive integrated moving average (ARIMA) models, we found that a single integrator and a single moving average with a negative coefficient could simulate both the experimental data and the IF model. Feeding white noise into an integrator with a slow time constant is sufficient to produce the autocorrelation structure of the ISI series. Moreover, the moving average clearly accounted for the autocorrelation structure of the ΔISI series and is biophysically implemented in the IF model using slow stochastic adaptation. The observed autocorrelation structure may be a neural signature of slow stochastic adaptation, and wander generated in this manner may be a general mechanism for limiting episodes of synchronized activity in the nervous system.

  16. [The current prevalence of Chlamydia trachomatis infection among teenagers and young asymptomatic Chilean women justifies the periodic surveillance].

    Science.gov (United States)

    Zamboni, Milena; Ralph, Constanza; García, Patricia; Cuello, Mauricio

    2016-12-01

    Chlamydia trachomatis infection constitutes the most common sexual transmitted disease (STD) among young women. International studies demonstrate that prevalence changes over time and also according to places. To estimate the prevalence of this infection among asymptomatic Chilean women (15 to 24 years old) and correlating with risk factor occurrence. Transversal cohort study to identify C. trachomatis infection through a diagnostic kit designed to detect and amplify cryptic plasmid DNA by quantitative PCR from endocervical sample. 181 women were screened during the period of study. The overall prevalence estimate was 5.5% and founding significant estimate variations (0% to 14.6%) between recruiting centers. There was difference in number of sexual partners (4.1 vs 2.5; p<0.05) between positive and negative women. No difference was observed in age of first coitus, STD history, the use of barrier method or socioeconomic level. However, the probability of being carrier increases as greater is the number of sexual partners, especially when the use of barrier method is low. The latest is not related to the socioeconomic level. One of 12 to 18 women at this age range will have asymptomatic infection. The current prevalence and its variability substantiates the C. trachomatis screening and periodic surveillance.

  17. Pension Fund

    CERN Multimedia

    HR Department

    2008-01-01

    The PFGB held two meetings over the summer, the first on 9 June and the second on 1st September. The agendas of the two meetings had several items in common, including progress reports on the work of the four working groups. Group 1, which is responsible for the revision of Chapter I, Section 2 of the Rules of the Fund, has made good progress but will need more time to complete its terms of reference in view of the number and complexity of the articles to be amended. In parallel, the Group has approved a code of conduct for the Pension Fund, which is based, in particular, on the new charter introduced for Swiss pension funds by the Swiss Association of Provident Institutions (ASIP) and the CFA (Chartered Financial Analyst) code of ethics applicable to members of pension fund bodies. The PFGB took note that the Group had also been working on the rules relating to the status of the personnel of the Fund and the composition of the Investment Committee. The work of Group 2, resp...

  18. PENSION FUND

    CERN Multimedia

    1999-01-01

    The Governing Board of the Pension Fund held its first three meetings of the year on 2 February, 2 March and 13 April.At the first of these meetings the Board first heard a presentation by Mrs H. Richmond of JP Morgan on the results of the currency overlay programme applied to the Fund's assets. Thanks to the policy pursued by this company, volatility, i.e. portfolio risk for assets denominated in currencies other than the Swiss franc, has been reduced. However, despite the fact that JP Morgan has considerable expertise in this field, no gain has been achieved over the past year. The Governing Board heard a report by the Investment Committee Chairman G. Maurin on the meetings of 21-22 and 28 January at which the Pension Fund's various fund managers had been interviewed on their results. Decisions were taken on benchmarks aimed at optimising management and on the terms of reference of the Internal Management Unit. It was also decided to place two fund managers on a watching list and to request them to make eve...

  19. Pension Fund

    CERN Multimedia

    2003-01-01

    All members and beneficiaries of the Pension Fund are invited to attend the Annual General Asssembly to be held in the CERN Auditorium on Wednesday 8 October 2003 at 14.30 hrs The Agenda comprises: 1. Opening RemarksJ. Bezemer 2. Annual Report 2002: Presentation and results Copies of the Report are available from divisional secretariats. C. Cuénoud 3. Overview of the present situation with regard to pension funds C. Cuénoud 4. Performance of the Fund since the year 2000 and aspects of the ongoing asset/liability modelling exercise G. Maurin 5. Questions from members and beneficiariesPersons wishing to ask questions are encouraged to submit them, where possible, in writing in advance, addressed to Mr C. Cuénoud, Administrator of the Fund. 6. Conclusions J. Bezemer As usual, participants are invited to drinks after the assembly. NB The minutes of the 2002 General Assembly are available from the Administration of the Fund tel.(+4122)767 27 42; e-mail Sophia.Revol@cern.ch)

  20. Pension Fund

    CERN Multimedia

    2003-01-01

    Amendment No 19 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Divisional secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force on 1.1.2003, concerns 1) the fixed sums and allowances adjusted at same date (Annex B) and 2) the articles which have been amended, in accordance with the Finance Committee's decision, regarding voting rules of the Governing Board and the role and composition of the Investment Committee.

  1. Center for Plant and Microbial Complex Carbohydrates at the University of Georgia Complex Carbohydrate Research Center: Progress Report for the Funding Period November 1, 2002 - October 31, 2003

    Energy Technology Data Exchange (ETDEWEB)

    Albersheim, Peter [Univ. of Georgia, Athens, GA (United States); Darvill, Alan [Univ. of Georgia, Athens, GA (United States)

    2003-10-31

    This progress report describes the research, service, and training activities conducted with the support of the DOE center grant. The research activities are summarized in the form of reprints or abstracts of 46 papers citing support from the DOE center grant that were produced during the reporting period. These papers include those that are published, in press, submitted, or in preparation. The papers include those produced entirely by CCRC personnel and those papers representing research work conducted in collaboration with scientists at other institutions. (See Appendix I.) A major component of this grant is to provide service to researchers at other academic institutions and industries located throughout the US and other parts of the world. A summary of all our service activities during the reporting period is also included with this report, including samples of poly/oligosaccharides and antibodies distributed to scientists (see Appendix II). A description of the three training courses held at the CCRC during 2003 is also provided, together with the names and affiliations of participants who attended the courses (see Appendix III).

  2. 2001-2008 BBG Funding Overview

    Data.gov (United States)

    Broadcasting Board of Governors — This dataset presents BBG funding by Agency component for the period between FY 2001 and FY 2008. The data covers funding for each BBG broadcasting entity and for...

  3. Vector competence of Culicoides for arboviruses: three major periods of research, their influence on current studies and future directions.

    Science.gov (United States)

    Carpenter, S; Veronesi, E; Mullens, B; Venter, G

    2015-04-01

    The spectacular and unprecedented outbreaks of bluetongue virus (BTV) that have occurred in Europe since 1998 have led to increased interest in those factors that determine competence of Culicoides biting midges (Diptera: Ceratopogonidae) for arboviruses. In this review the authors critically examine three major periods of research into the biological transmission by Culicoides of two economically important arboviruses ofthefamily Reoviridae: African horse sicknessvirus (AHSV) and BTV. First they examine early studies, largely conducted in southern Africa, that played a key role in initially implicating Culicoides as agents of AHSV and BTV transmission. Then they examine advances in understanding made following the establishment of colonies of the BTV vector species Culicoides sonorensis, which have largely shaped our current understanding of BTV and AHSV transmission. They then consider attempts in recent years to implicate vectors of BTV in the European Union during what has become the most economically damaging series of outbreaks in recorded history. In some cases the origin of these outbreaks was uncertain and unexpected, particularly in northern Europe, where BTV had not previously occurred. Limitations imposed on studies of vector competence by the biology of Culicoides are then discussed, along with advances in the technologies now available and the logistics of working upon agents requiring biosecure containment outside their endemic range. Finally, the authors suggest areas that have either been poorly addressed to date or entirely ignored and ways in which studies could be conducted to provide standardised data for comparison worldwide.

  4. Current Situations and Problems of Logistics for Guangxi Fresh Agricultural Products in the New Period and Recommendations

    Institute of Scientific and Technical Information of China (English)

    Shixiong; ZHU

    2015-01-01

    In recent years,Guangxi realized consecutive bumper harvests in fresh agricultural products,leading increase of logistics demand;logistics infrastructure begins to take shape,and logistics of fresh agricultural products takes on diversified development form with wholesale market as main form. However,traditional fresh agricultural products are not selling well and it lacks construction of supply chain; the construction of logistics information system for fresh agricultural products lags behind; organizational level of production and operation of fresh agricultural products is low. Through analyzing current situations and existing problems of logistics of Guangxi fresh agricultural products in the new period( 21 st century),this paper came up with recommendations for developing logistics of fresh agricultural products of Guangxi. Government should increase policy and financial support,build and manage supply chain of fresh agricultural products,accelerate construction of logistics information system for agricultural products,and improve organizational level of logistics of fresh agricultural products,to ensure healthy development of logistics of fresh agricultural products in Guangxi.

  5. PENSION FUND

    CERN Multimedia

    2002-01-01

    The Governing Board of the Pension Fund held its 104th and 105th meetings on 8th November and 4th December 2001, respectively. The agenda of the 8th November meeting was devoted to a single item, namely the outcome of the Finance Committee's meeting the previous day. The Governing Board noted with satisfaction that both its proposed amendments to the Rules and Regulations of the Fund - allowing, in particular, the award of a deferred retirement pension after five years of service - and its proposal for the adjustment of pensions on 1.1.2002 had been approved for recommendation to the Council in December. At its meeting on 4th December, the Governing Board dealt mainly with the items examined at the latest meeting of the Investment Committee. The Committee's chairman, G. Maurin, stated that the 2001 return on the Fund's overall investments was likely to be between -2% and -3%. He also noted that a new study of the Fund's cash flows (incomings and outgoings) had been performed. He underlined that, while the flo...

  6. Mutual Funds.

    Science.gov (United States)

    Dessoff, Alan L.

    1993-01-01

    There is good reason for college fund raisers and business officers to collaborate on common financial interests. Communication is a key element of such cooperation. Other needs include agreement on accounting and reporting of institutional finances, agreement on stewardship of gifts (particularly with restrictions or endowments), and common…

  7. Pension Fund

    CERN Multimedia

    2006-01-01

    Following the approval by the CERN Council, at its Session in March 2006, of the amendments to Administrative Circular No. 14 (Protection of the members of the personnel against the financial consequences of illness, accident and disability) and the resulting amendments to the Rules and Regulations of the Pension Fund, which entered into force on 1st July 2006, the Administration of the Fund has decided to publish a complete new edition of the Rules and Regulations incorporating all amendments up to 1st July 2006. Members of the Fund will be informed once the new edition of the Rules and Regulations is available from Departmental secretariats. In the meantime, the amendments to the text of the Pension Fund Rules and Regulations, which entered into force on 1st July 2006, are presented below (Previous text/Amended text) : Chapter II - Section 1: Contributions and benefits Article II 1.04 - Reference Salary - Part-time Work OLD TEXT: the reference salary of a member with a contract for part-time work shall be e...

  8. Pension Fund

    CERN Document Server

    2006-01-01

    Following the approval by the CERN Council, at its Session in March 2006, of the amendments to Administrative Circular No. 14 (Protection of the members of the personnel against the financial consequences of illness, accident and disability) and the resulting amendments to the Rules and Regulations of the Pension Fund, which entered into force on 1st July 2006, the Administration of the Fund has decided to publish a complete new edition of the Rules and Regulations incorporating all amendments up to 1st July 2006. Members of the Fund will be informed once the new edition of the Rules and Regulations is available from Departmental secretariats.In the meantime, the amendments to the text of the Pension Fund Rules and Regulations, which entered into force on 1st July 2006, are presented below (Previous text/Amended text): Chapter II - Section 1: Contributions and benefits Article II 1.04 - Reference Salary - Part-time Work OLD TEXT: The reference salary of a member with a contract for part-time work shall b...

  9. NIH Funding for Biomedical Imaging

    Science.gov (United States)

    Conroy, Richard

    Biomedical imaging, and in particular MRI and CT, is often identified as among the top 10 most significant advances in healthcare in the 20th century. This presentation will describe some of the recent advances in medical physics and imaging being funded by NIH in this century and current funding opportunities. The presentation will also highlight the role of multidisciplinary research in bringing concepts from the physical sciences and applying them to challenges in biological and biomedical research.. NIH Funding for Biomedical Imaging.

  10. Governing Board of the Pension Fund

    CERN Multimedia

    2007-01-01

    The Governing Board of the Pension Fund held its penultimate (158th) and final (159th) meetings in its current form on 24 September and 25 October 2007 respectively. A number of items, notably the triennial actuarial review and the Fund's Budget for 2008, appeared on the agenda of both meetings. The Governing Board took note of the Fund's financial position as at 30 June 2007 on the basis of the intermediate closing of the accounts on that date. In the first half of 2007, the Fund had achieved a satisfactory return on its assets compared with the position on 1 January 2007. Regarding the indexation of pensions, at the second of its two meetings, the Governing Board took note of the inflation rate in Geneva between August 2006 and August 2007 - no rise was observed in the cost-of-living during the period under consideration. As a consequence, the adjustment rate for the forthcoming three-year period, calculated by the Actuary pursuant to Article II 1.15 – Anne...

  11. Regional Absorption of Common Agricultural Policy's Rural Development Funds Targeted for Semi-Subsistence Farms in Romania in the 2007-2013 Programming Period

    Directory of Open Access Journals (Sweden)

    BORÓKA-JÚLIA BÍRÓ

    2015-06-01

    Full Text Available Land fragmentation and the need for consolidation are major problems of current Romanian agriculture. The transition from the status-quo of an agricultural structure dominated by subsistence and semi-subsistence farms in the view of restructuring, resulting in a more efficient sector - is a must. Present study proposes to evaluate the application of specific measures of the Romanian National Rural Development Programme (NRDP that sought to support semi-subsistence farms between 2007 and 2013. Three NRDP measures have been identified under which semi-subsistence farms were eligible: Measure 112 "Setting up of young farmers", Measure 121 "Modernization of agricultural holdings", and Measure 141 "Supporting semi-subsistence agricultural holdings". The above measures belong to the 1st Axis of the Common Agricultural Policy's second pillar, thus having a common general goal the improvement of the competitiveness of the agricultural sector, while aiming at restructuring and developing the physical potential and management of generation change - trying to keep the rural population in place. Available data on a seven-year time horizon was analyzed. The absorption level of measures 112, 121 and 141 - under which the Romanian semi-subsistence farms were eligible - on national and subnational scale was mapped.

  12. PENSION FUND

    CERN Multimedia

    2002-01-01

    Amendment No 18 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Divisional secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force on 1.1.2002, concerns the articles which have been amended, in accordance with the Council's decision, to allow the award of a deferred retirement pension after five years of service (instead of ten previously) and the fixed sums and allowances adjusted at the same date (Annex B). It also contains a revised version of the table of contents of the Rules, as well as pages where the contents have not changed but where the page layout has had to be adjusted for technical reasons.

  13. Pension Fund

    CERN Multimedia

    Pension Fund

    2006-01-01

    Amendment No. 22 to the Rules and Regulations of the Pension Fund has just been published and can be obtained from Department/Unit secretariats or, in the case of pensioners, directly from the Administration of the Fund (tel. 767-91 94/27 38), bldg 5, 1-030. This Amendment, which entered into force following the CERN Council's decisions of 16 December 2005, includes the following new articles: Art. II 5.08 : Non-entitlement to Pension for Surviving Spouse Art. II 5.09 : Procurement of an entitlement to Pension for Surviving Spouse Art. II 6.09 : Non-entitlement to Pension for Orphans Art. II 7.01 c) : Entitlement to Allowances Art. III 1.07 : Extension of the contract beyond the age limit of 65 as well as the following amended articles : Article II 1.07 - Contributions Annex B - Fixed sums and allowances

  14. Pension Fund

    CERN Multimedia

    2003-01-01

    The Governing Board of the Pension Fund held its hundred and seventeenth meeting on 3 June 2003. On that occasion, it examined the recommendations made by the External Auditors in their report on their audit of the 2002 annual accounts and the replies by the Pension Fund's Administration. The Governing Board was gratified by the small number of remarks by the External Auditors. It also confirmed its agreement to the procedure followed by the Administration of the Pension Fund in the handling of transfer values. Under other items on the agenda, the Board once again examined ESO's request relating to the terms and conditions of membership by its staff members. In this regard, the Board wishes to receive from ESO a definitive request (following the necessary consultation procedures with the representatives of the personnel and discussions within ESO's governing bodies) so that the working group can continue its work on a clear basis and so that the Governing Board is in a position to take up a position in the m...

  15. PENSION FUND

    CERN Multimedia

    Administration of the Fund

    2001-01-01

    The Administration of the Fund has just signed a contract with the 'La Suisse' insurance company, making life insurance available to persons leaving CERN under very similar conditions to those offered to the members of the CERN personnel. From now on, persons retiring from the Organization will be able to take out this new insurance at the moment of retirement, provided that they have been members of CERN's collective life insurance scheme for the last five years of service. Exceptionally, until the end of 2001, 'La Suisse' has agreed to allow persons who are already retired to take out this insurance, subject to their state of health (health questionnaire to be completed) and with a maximum insured amount set at 150,000 CHF. We therefore invite any retired persons interested in this insurance to consult the detailed terms and conditions, either on the Pension Fund's Web site (http://pensions.web.cern.ch/pensions) or by writing to the Administration of the Fund. For those wishing to apply, the documents to be...

  16. Pension Fund

    CERN Document Server

    2004-01-01

    The Governing Board of the Pension Fund held its one-hundred-and-twenty-second meeting on 3 February 2004. Opening the meeting, the Chairman, J. Bezemer, welcomed W. Zapf's alternate T. Lagrange, A. Naudi's alternate P. Geeraert, and M. Goossens' alternate M. Vitasse, who were attending the Governing Board for the first time. The Governing Board heard a report from its Chairman on the meeting of the CERN Council on 19 December 2003, at which, under Pension Fund matters, the Council had approved a pensions adjustment of 0.7%. The Governing Board then heard a report on the main elements of the Investment Committee's meeting on 3 December 2003. During a presentation, Expert Timing System (Madrid) and the Compagnie de Trésorerie Benjamin de Rothschild (Geneva) had proposed a bond portfolio investment following the same quantitative investment principles as the equities portfolio they already managed for the Fund. After some deliberation, the Investment Committee had decided, on that basis, to award t...

  17. Funding Research Software Development

    Science.gov (United States)

    Momcheva, Ivelina G.

    2017-01-01

    Astronomical software is used by each and every member of our scientific community. Purpose-build software is becoming ever more critical as we enter the regime of large datasets and simulations of increasing complexity. However, financial investments in building, maintaining and renovating the software infrastructure have been uneven. In this talk I will summarize past and current funding sources for astronomical software development, discuss other models of funding and introduce a new initiative for supporting community software at STScI. The purpose of this talk is to prompt discussion about how we allocate resources to this vital infrastructure.

  18. Adequacy Model for School Funding

    Science.gov (United States)

    Banicki, Guy; Murphy, Gregg

    2014-01-01

    This study considers the effectiveness of the Evidence-Based Adequacy model of school funding. In looking at the Evidence-Based Adequacy model for school funding, one researcher has been centrally associated with the development and study of this model. Allen Odden is currently a professor in the Department of Educational Leadership and Policy…

  19. Pension Fund Governing Board

    CERN Multimedia

    HR Department

    2008-01-01

    Note The CERN pension scheme is based on the principle of defined benefits, so beneficiaries continue to receive the benefits to which they are entitled in accordance with the Rules of the Pension Fund. This means that pension entitlements under the Rules are not directly affected by the financial crisis and the current economic situation. However, the adjustment of pensions to the cost of living is not automatic and, under the method applied since 2006, must take into account the Fund’s financial position. Meeting of the Pension Fund Governing Board The Pension Fund Governing Board held its eighth meeting at ESO in Garching, Germany (near Munich) on 24 October 2008. Before starting its work, the Governing Board had the privilege of hearing an opening address by Professor Tim de Zeeuw, the Director General of ESO. Professor de Zeeuw described the mission of ESO and the ambitious projects of his organisation, which performs astronomy observations using telescopes located in...

  20. Early response to sibutramine in patients not meeting current label criteria: preliminary analysis of SCOUT lead-in period

    DEFF Research Database (Denmark)

    Caterson, Ian; Coutinho, Walmir; Finer, Nick

    2010-01-01

    pulse rate increases; median 1.5 bpm (nonconformers) vs. 3.0 bpm (conformers). There was a low incidence of serious adverse events (conformers: 1.0%; nonconformers: 2.8%) and ~93% of patients in both groups completed the 6-week period. The SCOUT lead-in period evaluating weight management...

  1. How membership of the CERN Pension Fund is taken into account by certain French Pension Funds

    CERN Multimedia

    HR Department

    2010-01-01

    Information for current and former CERN staff members from the Rhône-Alpes branch of the Caisse Régionale d’Assurance Maladie (CRAM) The Rhône-Alpes branch of the Caisse Régionale d’Assurance Maladie (CRAM) has recently informed CERN that, since 1 January 2010, periods of membership of the CERN Pension Fund can, under certain conditions, be used in the calculation of the pension paid by certain French pension funds. For more information on this subject, please consult Circular DSS/DACI/2010/85 of 4 March 2010 pertaining to the manner in which periods of membership of compulsory pension funds of European or international organisations, to which France is a party, are taken into account in determining the period used by French pension funds to establish the pension entitlement. The Circular can be accessed at the following sites: http://www.securite-sociale.fr/textes/retraite/international/affiliation_instut_international_eu.htm and http://www.c...

  2. 78 FR 69143 - Guggenheim Equal Weight Enhanced Equity Income Fund and Guggenheim Funds Investment Advisers, LLC...

    Science.gov (United States)

    2013-11-18

    ... request an order to permit a registered closed-end investment company to make periodic distributions of... companies to such Fund during the year. Under the Distribution Policy of a Fund, such Fund would distribute... companies to make periodic distributions of long-term capital gains with respect to their outstanding...

  3. PENSION FUND

    CERN Multimedia

    Administration of the Fund

    2001-01-01

    The Administration of the Fund has just signed a contract with the 'La Suisse' insurance company, making life insurance available to persons leaving CERN under very similar conditions to those offered to the members of the CERN personnel. From now on, persons retiring from the Organization will be able to take out this new insurance at the moment of retirement, provided that they have been members of CERN's collective life insurance scheme for the last five years of service. Exceptionally, until the end of 2001, 'La Suisse' has agreed to allow persons who are already retired to take out this insurance, provided that they are less than 70 years old and subject to their state of health (health questionnaire to be completed) and with a maximum insured amount set at 150,000 CHF. We therefore invite any retired persons interested in this insurance to consult the detailed terms and conditions, either on the Pension Fund's Web site (http://pensions.web.cern.ch/pensions) or contacting to the Administration of the Fun...

  4. Modeling a Rotating Partial Ring Current in the Saturn's Magnetosphere as a Source of B-field Periodicities: A Progress Report

    Science.gov (United States)

    Tsyganenko, N. A.; Brandt, P. C.; Khurana, K. K.; Dougherty, M. K.

    2010-12-01

    Saturn's magnetic dipole axis is almost perfectly aligned with its rotation axis and thus one would expect no diurnal effects in the Kronian magnetosphere. It was therefore surprising to find periodic phenomena in almost all of the magnetospheric measurements, but a lack of longitudinal asymmetry to account for those phenomena. The Saturn Kilometric Radiation (SKR) was the first remotely observed phenomenon to show clear periodicities, which was used to define a rotational period of the planet, in a similar way that had been done for Jupiter. However, the SKR-derived period later changed by several minutes, which directly tells us that SKR is only loosely related to the rotation period of the planet and is a magnetospheric and/or ionospheric phenomenon. Cassini measurements have now revealed periodic modulations close to the SKR-derived period in the magnetic field, energetic particles, energetic neutral atoms (ENA), and more. Any hypothesis attempting to explain the origin of the periodic behavior must be able to explain how the planetary rotation propagates out to the largely subcorotating magnetosphere, and to explain the mechanisms that relate the periodic modulations in the different measurements. In order to explore the global current system of Saturn and its relation to periodicities, we are constructing a flexible rotating PRC module, based on the pressure of the injected hot plasma and an empirical model of the background B-field, constructed from many years of Cassini's magnetometer data. In the reported phase of this ongoing research, we describe a computational procedure to derive electric currents induced by the injected hot plasma, and a fast Biot-Savart calculation of the field perturbation due to the PRC. The obtained results will be compared with Cassini magnetic field observations. Using the model, we investigate the relation between the periodic magnetic field perturbations observed from Cassini and the rotating 3D current system, driven by

  5. Predictions of Resuspension of Highway Detention Pond Deposits in Interrain Event Periods due to Wind-Induced Currents and Waves

    DEFF Research Database (Denmark)

    Bentzen, Thomas Ruby; Larsen, Torben; Rasmussen, Michael R.

    2009-01-01

    The paper presents a numerical study of resuspension of deposits from highway detention ponds based on a previous experimental study. The resuspension process is evaluated in dry weather periods with baseflow/infiltration flow through the ponds only. The resuspension is caused by the bed-shear st...

  6. Computation of electrical fields and currents in a plasma flowing in a spatial-periodic magnetic field

    Energy Technology Data Exchange (ETDEWEB)

    Gorodzha, L.V.; Krutilin, V.A.; Rashchepkin, A.P.

    1977-01-01

    Electrical processes in a plasma flow in an internal periodically changing magnetic field are studied analytically. The analysis was conducted on the basis of the Riemann boundary problem for automorphic functions. Consequently, evaluations were made of the energy characteristics of the hollow MHD generator with an alternating magnetic field and their relationship to the geometric dimensions of the channel was found.

  7. Critical current measurement with spatial periodic bending imposed by electromagnetic force on a standard test barrel with slots

    NARCIS (Netherlands)

    Nijhuis, A.; Wessel, W.A.J.; Ilyin, Y.; Ouden, den A.; Kate, ten H.H.J.

    2006-01-01

    We have developed and validated a straightforward and fast method to investigate the response of technological superconducting strain sensitive wires (e.g., Nb3Sn) to a spatial periodic bending strain. In the present concept of cabled superconductors for application in nuclear fusion reactors the wi

  8. Equity Mutual Fund: Performances, Persistence and Fund Rankings

    Directory of Open Access Journals (Sweden)

    Amporn SOONGSWANG

    2011-10-01

    Full Text Available This study focuses on open-ended equity mutual funds in Thailand. The funds’ performances were examined whether the returns significantly and persistently out-perform the market; whether the use of different measures leads funds with similar rankings. The analyses use various metrics: the traditional fund performance evaluation measures and Data Envelopment Analysis (DEA technique; Pearson’s correlation coefficients, and cover six different investment horizons. The results suggest that open-ended equity mutual funds analyzed in this study significantly out-perform the market, and the funds’ positive performance sustains for 3-month time-period of investment, at least. The top five funds managed by the Aberdeen, Bangkok Bank and Siam Commercial Bank Asset Management Companies out-perform the bottom five funds between 0.1912 and 1.3187 for six time-periods of investment from 1-month to 5-year. Finally, it is concluded that for individual investors, the results provided by this study can be guidelines for selecting mutual funds for investment.

  9. The critical period of high mortality of larvae fish —A discussion based on current research

    Science.gov (United States)

    Li, Sifa; Mathias, J. A.

    1987-03-01

    Most fishes suffer high mortality during early development stages. The existence of a “critical period” was hypothesized by Hjort (1914). However, several decades of research have resulted in considerable controversy over the hypothesis. This paper attempts to clarify the critical period concept, demonstrate its usefulness, and resolve some of the controversy surrounding it. Based on our own studies and the literature, we find that within the “aquaculture school” (those concerned with culturing fishes, particulary larval stages), there is a great deal of evidence for the critical period concept. But we redefine the concept of “critical period” of mortality of fish larvae in this way. The deepest, sharpest, and fastest physiological and ecological changes during the development of the larvae are produced with the shift from endogenous nutrition to exogenous. At this stage, the old functions are quickly being replaced by new functions inside the body. Because of this shifting of function and imperfection of organs, the larvae are most sensitive at this time to environmental factors, particularly food supply. A higher specific mortality rate often occurs immediately folowing the period of strictly endogenous yolk feeding, and during the period of first exogenous feeding. Then it may be followed by a lower specific mortality rate. The significance of a “critical period” for fish populations is discussed. A good understanding of the “critical period” would provide a means for predicting the strength of year classes in natural fish populations, and also suggests approaches for increasing survival in aquaculture systems.

  10. Critical current and strand stiffness of three types Nb3Sn strand subjected to spatial periodic bending

    NARCIS (Netherlands)

    Nijhuis, Arend; Ilyin, Y.; Wessel, Wilhelm A.J.; Abbas, Wouter

    2006-01-01

    Knowledge of the influence of bending on the critical current (Ic) of Nb3Sn strands is essential for the understanding of the reduction in performance due to transverse electromagnetic load. In particular, for the large cable-in-conduit conductors (CICCs) meant for the international thermonuclear

  11. Will dragonblood survive the next period of climate change? Current and future potential distribution of Dracaena cinnabari (Socotra, Yemen)

    NARCIS (Netherlands)

    Attorre, F.; Francesconi, F.; Taleb, N.; Scholte, P.; Saed, A.; Alfo, M.; Bruno, F.

    2007-01-01

    The potential impact of climate change on Dracaena cinnabari, a spectacular relict of the Mio-Pliocene Laurasian subtropical forest in Socotra (Yemen), was analysed. Current distribution, abundance and vertical structure of D. cinnabari populations were assessed with 74 plots in nine remnant areas.

  12. 75 FR 10846 - The Chile Fund, Inc., et al.; Notice of Application

    Science.gov (United States)

    2010-03-09

    ... COMMISSION The Chile Fund, Inc., et al.; Notice of Application March 2, 2010. AGENCY: Securities and Exchange.... Applicants: The Chile Fund, Inc. (``Chile Fund''), Aberdeen Australia Equity Fund (``Australia Fund,'' together with the Chile Fund, the ``Current Funds''), Aberdeen Asset Management Asia Limited...

  13. 抗战初期国立北平图书馆的经费问题%The Funding Challenge for the National Library of Peking during the Early Period of Anti-Japanese War

    Institute of Scientific and Technical Information of China (English)

    陈秋慧

    2016-01-01

    The National Library of Peking encountered tremendous challenges on funding,due to the different judg-ments on the political situation made by the vice chief librarian Yuan Tongli and the American director of the China Foundation for the Promotion of Education and Culture ( CFPEC) which co-hosted the library from 1929 with the Ministry of Education,when it was transferring to the southwest of China during the early period of Anti-Japanese War. At the same time,the central department in Peking also suffered the funding crisis for downsizing. Yuan Tongli tried his best to work out a solution to solve the crisis through various channels. The crisis went through after all and the Kunming Branch of National Library of Peking was built soon afterwards which represented the headquarter of the Library to continue to work.%抗战初期,国立北平图书馆面临严重的经费方面的挑战。“七七事变”后,平馆部分人员与业务向西南迁移。因平馆主持人袁同礼与中基会美方董事对时局有不同的判断,二者在是否南迁的问题上产生歧见,导致南迁人员面临经费停顿的挑战。与此同时,平馆本部也因业务缩减而面临经费紧缩的问题。经费是此次冲突中亟需解决的关键问题。袁同礼为之多方设法,最终化解了此次危机。经此波折,平馆的财务中心、行政中心顺利转移到昆明办事处,战乱中平馆的事业基础得以保存。

  14. 76 FR 66318 - Announcement of Funding Awards; Limited English Proficiency Initiative Program (LEPI), Fiscal...

    Science.gov (United States)

    2011-10-26

    ... URBAN DEVELOPMENT Announcement of Funding Awards; Limited English Proficiency Initiative Program (LEPI... for currently funded Initiatives under the Limited English Proficiency Initiative Program is 14.421... funding under the Notice of Funding Availability (NOFA) for the Limited English Proficiency...

  15. Pension Fund Governing Board

    CERN Multimedia

    HR Department

    2008-01-01

    Note The CERN pension scheme is based on the principle of defined benefits, so beneficiaries continue to receive the benefits to which they are entitled in accordance with the Rules of the Pension Fund. This means that pension entitlements under the Rules are not directly affected by the financial crisis and the current economic situation. However, the adjustment of pensions to the cost of living is not automatic and, under the method applied since 2006, must take into account the Fund’s financial position. Meeting of the Pension Fund Governing Board The Pension Fund Governing Board held its eighth meeting at ESO in Garching (near Munich), Germany on 24 October 2008. Before starting its work, the Governing Board had the privilege of hearing an opening address by Professor Tim de Zeeuw, the Director General of ESO. Professor de Zeeuw described the mission of ESO and the ambitious projects of his organisation, which performs astronomy observations using telescopes located in Chile. The Director-General receiv...

  16. Danish mutual fund performance

    DEFF Research Database (Denmark)

    Christensen, Michael

    2013-01-01

    This article provides the first independent performance analysis of Danish mutual funds. We analyse selectivity and market timing abilities for 71 mutual funds that have been in operation from 2001 to 2010. The results show great fund performance diversity. Half the funds have performed neutrally......, whereas 42% of the funds have shown significantly negative performance and only 7% of the funds have over-performed their benchmark. Furthermore, 14% of the funds analysed possess market timing abilities, but for 8 out of 10 funds, their market timing ability has been unsuccessful....

  17. Mutual Fund Performance: Evidence From South Africa

    Directory of Open Access Journals (Sweden)

    Ömer Faruk Tan

    2015-11-01

    Full Text Available This paper aims to evaluate the performance of South African equity funds between January 2009 and November 2014. This study period overlaps with the study period of quantitative easing during which developing economies in financial markets have been influenced severely. Thanks to the increase in the money supply directed towards the capital markets, a relief was experienced in related markets following the crisis period. During this 5-year 10-month period, in which the relevant quantitative easing continued, Johannesburg Stock Exchange (JSE yielded approximately %16 compounded on average, per year. In this study, South African equity funds are examined in order to compare these funds' performance within this period.Within this scope- 10 South African equity funds are selected. In order to measure these funds' performances, the Sharpe ratio (1966, Treynor ratio (1965, Jensen's alpha (1968 methods are used. Jensen's alpha is also used in identifying selectivity skills of fund managers. Furthermore, the Treynor & Mazuy (1966 and Henriksson & Merton (1981 regression analysis methods are applied to ascertain the market timing ability of fund managers. Furthermore, Treynor & Mazuy (1966 regression analysis method is applied for market timing ability of fund managers.

  18. Picking Funds with Confidence

    DEFF Research Database (Denmark)

    Grønborg, Niels Strange; Lunde, Asger; Timmermann, Allan

    We present a new approach to selecting active mutual funds that uses both holdings and return information to eliminate funds with predicted inferior performance through a sequence of pair-wise comparisons. Our methodology determines both the number of skilled funds and their identity, funds ident...

  19. Biodiversity funds and conservation needs in the EU under climate change.

    Science.gov (United States)

    Lung, Tobias; Meller, Laura; van Teeffelen, Astrid J A; Thuiller, Wilfried; Cabeza, Mar

    2014-07-01

    Despite ambitious biodiversity policy goals, less than a fifth of the European Union's (EU) legally protected species and habitats show a favorable conservation status. The recent EU biodiversity strategy recognizes that climate change adds to the challenge of halting biodiversity loss, and that an optimal distribution of financial resources is needed. Here, we analyze recent EU biodiversity funding from a climate change perspective. We compare the allocation of funds to the distribution of both current conservation priorities (within and beyond Natura 2000) and future conservation needs at the level of NUTS-2 regions, using modelled bird distributions as indicators of conservation value. We find that funding is reasonably well aligned with current conservation efforts but poorly fit with future needs under climate change, indicating obstacles for implementing adaptation measures. We suggest revising EU biodiversity funding instruments for the 2014-2020 budget period to better account for potential climate change impacts on biodiversity.

  20. 34 CFR 682.421 - Funds transferred from the Federal Fund to the Operating Fund by a guaranty agency.

    Science.gov (United States)

    2010-07-01

    ... the agency's proposed terms of repayment; (ii) A projected revenue and expense statement, to be... the Federal Fund to pay lender claims during the period the transferred funds are outstanding; (B) The... transferring the interest, the agency will substantially improve its financial circumstances. (Approved by...

  1. Theoretical and experimental study of superradiance pulse generation by heavy-current subnanosecond electron bunches moving in periodic slowing down system

    CERN Document Server

    Ginzburg, N S; Novozhilova, Y V; Sergeev, A S; Shpak, V G; Shunailov, S A; Ul'maskulov, M R; Yalandin, M I

    2002-01-01

    One studied both theoretically and experimentally the Cherenkov superradiance at liner motion of an electron bunch through the periodic slowing down system. Simulations in terms of the KARAT code show that peak intensity of microwave pulses is proportional to the square of total number of particles in a bunch. This finding os conformed experimentally. As a results, at 39 GHz frequency one obtained ultrashort pulses of up to 140 MW high intensity and with 30 ps duration. The RADAN 303 high-current subnanosecond accelerator injected electron bunches with up to 2 A current, 0.5-1.5 ns duration and 200-300 keV particle energy was used as a source of electrons. Simulation shows possibility of further intensification of electromagnetic pulses up to 300-400 MW due to optimization of parameters of accelerating voltage pulse

  2. 10 CFR 605.12 - Funding.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 4 2010-01-01 2010-01-01 false Funding. 605.12 Section 605.12 Energy DEPARTMENT OF ENERGY (CONTINUED) ASSISTANCE REGULATIONS THE OFFICE OF ENERGY RESEARCH FINANCIAL ASSISTANCE PROGRAM § 605.12 Funding. (a) The project period during which DOE expects to provide support for an approved project...

  3. 10 CFR 602.11 - Funding.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 4 2010-01-01 2010-01-01 false Funding. 602.11 Section 602.11 Energy DEPARTMENT OF ENERGY (CONTINUED) ASSISTANCE REGULATIONS EPIDEMIOLOGY AND OTHER HEALTH STUDIES FINANCIAL ASSISTANCE PROGRAM § 602.11 Funding. (a) The project period during which DOE expects to provide support for an...

  4. 13 CFR 130.450 - Matching funds.

    Science.gov (United States)

    2010-01-01

    ... in the budget proposal. Cash sources shall be identified by name and account. All applicants must... received by the SBDC during the budget period, as long as the total Cash Match provided by the SBDC is 50... to the total amount of SBA funding. At least 50% of the Matching Funds must be Cash Match....

  5. The current child and adolescent health screening system: an assessment and proposal for an early and periodic check-up program

    Directory of Open Access Journals (Sweden)

    Baik-Lin Eun

    2010-03-01

    Full Text Available Purpose : Recent changes in the population structure of Korea, such as rapid decline in birth rate and exponential increase in old-aged people, prompted us to prepare a new health improvement program in children and adolescents. Methods : We reviewed current health screenings applied for children and adolescents in Korea and other developed countries. We collected and reviewed population-based data focused on mortality and morbidity, and other health-related statistical data. We generated problem lists in current systems and developed new principles. Results : Current health screening programs for children and adolescents were usually based on laboratory tests, such as blood tests, urinalysis, and radiologic tests. Almost all of these programs lacked evidence based on population data or controlled studies. In most developed countries, laboratory tests are used only very selectively, and they usually focus on primary prevention of diseases and health improvement using anticipatory guidance. In Korea, statistics on mortality and morbidity reveal that diseases related to lifestyle, such as obesity and metabolic syndrome, are increasing in all generations. Conclusion : We recommend a periodic health screening program with anticipatory guidance, which is focused on growth and developmental surveillance in infants and children. We no longer recommend old programs that are based on laboratory and radiologic examinations. School health screening programs should also be changed to meet current health issues, such as developing a healthier lifestyle to minimize risk behaviors&#8212;for example, good mental health, balanced nutrition, and more exercise.

  6. An Intricate Multiple-Factor Approach To Evaluate Performance Of Indian Mutual Fund

    Directory of Open Access Journals (Sweden)

    Suyash Bhatt

    2013-10-01

    Full Text Available This research paper examines performance of top twelve Indian mutual funds by Asset Under Management (AUM.  We use seven portfolio performance measurement parameters like Alpha, Beta, Standard Deviation, R Squared, Sharpe Ratio, Treynor Ratio and Jensen’s Alpha. The study reveals which amongst these mutual fund is the best performer based on all these parameters and the benchmark taken for this is NIFTY Index. The mutual funds selected are HDFC Top 200 Fund, Franklin India Bluechip Fund, ICICI Prudential Focused Bluechip Equity Fund, DSPBR Top 100  Equity Fund, Birla Sun Life Equity Fund, DSPBR Top 100  Equity Fund, UTI Mastershare Fund, Reliance Equity Opportunity Fund, SBI Magnum Equity, Reliance Top 200 Fund, SBI Bluechip Fund, ICICI Prudential Top 200 Fund, Principal Large Cap Fund. This study is primarily done to evaluate performance of the select mutual funds over a period of five years.

  7. Governing Board of the Pension Fund

    CERN Multimedia

    HR Department

    2007-01-01

    The Governing Board of the Pension Fund held its penultimate (158th) and final (159th) meetings in its current form on 24 September and 25 October 2007 respectively. A number of items, notably the triennial actuarial review and the Fund’s Budget for 2008, appeared on the agenda of both meetings. The Governing Board took note of the Fund’s financial position as at 30 June 2007 on the basis of the intermediate closing of the accounts on that date. In the first half of 2007, the Fund had achieved a satisfactory return on its assets compared with the position on 1 January 2007. Regarding the indexation of pensions, at the second of its two meetings, the Governing Board took note of the inflation rate in Geneva between August 2006 and August 2007 - no rise was observed in the cost-of-living during the period under consideration. As a consequence, the adjustment rate for the forthcoming three-year period, calculated by the Actuary pursuant to Article II 1.15 – Annex C of the...

  8. The funding black hole

    CERN Multimedia

    2008-01-01

    Two physics students at the University of Bristol have organised a petition against the recently-announced funding cut of 80 million by the body that funds physics research in the UK, the Science and Technology Facilities Council (STFC).

  9. Fanconi Anemia Research Fund

    Science.gov (United States)

    ... Support Publications Fundraising News What is the Fanconi Anemia Research Fund? Fanconi anemia is an inherited disease that can lead to ... population. Lynn and Dave Frohnmayer started the Fanconi Anemia Research Fund, in 1989 to find effective treatments ...

  10. 75 FR 10059 - Money Market Fund Reform

    Science.gov (United States)

    2010-03-04

    ... Commission issued a release proposing new rules and rule amendments governing the operation of money market funds.\\2\\ Money market funds are open-end management investment companies that are registered under the... and Computation of Current Price Per Share by Certain Open-End Investment Companies (Money...

  11. Pension funds' herding

    NARCIS (Netherlands)

    Broeders, D.; Chen, D.; Minderhoud, P.; Schudel, W.

    2016-01-01

    This paper uses unique and detailed transaction data to analyse herding behavior among pension funds. We distinguish between weak, semi strong and strong herding behaviour. Weak herding occurs if pension funds have similar rebalancing strategies. Semi strong herding arises when pension funds react s

  12. Funding ATLAS 2012 key indicators for publicly funded research in Germany

    CERN Document Server

    Deutsche Forschungsgemeinschaft (DFG)

    2013-01-01

    The Funding ATLAS is a reporting system (previously referred to as the Funding Ranking) employed by the German Research Foundation (DFG) to provide information in the form of indicators of key developments in publicly funded research in Germany every three years. This English version of the Funding ATLAS 2012 presents selected findings from the more comprehensive German edition. At the core of the report are indicators that provide information on which subject areas have received funding at higher education and other research institutions in the period 2008-2010. This report also includes, as a supplement not found in the German edition, the decisions on the Excellence Initiative, which were taken shortly after the German edition of the Funding ATLAS 2012 was published. The report also addresses the subject of internationality by presenting selected indicators that show how attractive Germany's research institutions are for visiting scientists. In summary, the DFG Funding ATLAS furnishes reliable indicators o...

  13. A comparison of the climates of the Medieval Climate Anomaly, Little Ice Age, and Current Warm Period reconstructed using coral records from the northern South China Sea

    Science.gov (United States)

    Deng, Wenfeng; Liu, Xi; Chen, Xuefei; Wei, Gangjian; Zeng, Ti; Xie, Luhua; Zhao, Jian-xin

    2017-01-01

    For the global oceans, the characteristics of high-resolution climate changes during the last millennium remain uncertain because of the limited availability of proxy data. This study reconstructs climate conditions using annually resolved coral records from the South China Sea (SCS) to provide new insights into climate change over the last millennium. The results indicate that the climate of the Medieval Climate Anomaly (MCA, AD 900-1300) was similar to that of the Current Warm Period (CWP, AD 1850-present), which contradicts previous studies. The similar warmth levels for the MCA and CWP have also been recorded in the Makassar Strait of Indonesia, which suggests that the MCA was not warmer than the CWP in the western Pacific and that this may not have been a globally uniform change. Hydrological conditions were drier/saltier during the MCA and similar to those of the CWP. The drier/saltier MCA and CWP in the western Pacific may be associated with the reduced precipitation caused by variations in the Pacific Walker Circulation. As for the Little Ice Age (LIA, AD 1550-1850), the results from this study, together with previous data from the Makassar Strait, indicate a cold and wet period compared with the CWP and the MCA in the western Pacific. The cold LIA period agrees with the timing of the Maunder sunspot minimum and is therefore associated with low solar activity. The fresher/wetter LIA in the western Pacific may have been caused by the synchronized retreat of both the East Asian Summer Monsoon and the Australian Monsoon.

  14. Pension fund excellence creating value for stakeholders

    CERN Document Server

    Ambachtsheer, Keith P.

    1998-01-01

    Internationally recognized experts in the field introduce their "business excellence paradigm". In this book, two leading pension fund experts lay out a comprehensive plan for effective fund management. With the help of domestic and global case studies they critically assess current approaches to pension fund management and isolate what works and what doesn't using their unique critically acclaimed "run-it-like-a-business" model. Keith P. Ambachtsheer (Toronto, Canada) is principle at KPA Advisory Service, Inc., a pension fund management consulting firm. He runs The Ambachtsheer Letter and cofounded Cost Effective Measurement, Inc., which monitors the performance of 300 of the world's largest asset funds. D. Don Ezra (Toronto, Canada) is Director of European Consulting at Frank Russell Co. His previous books include The Struggle for Pension Fund Wealth.

  15. A Major Role for Periodicals: Preservation and Digitization by Metamorfoze

    Directory of Open Access Journals (Sweden)

    Rubrecht Zaat

    2015-12-01

    Full Text Available Most of the Dutch periodicals available on Delpher have been digitized with funding by Metamorfoze, the Dutch national programme for the preservation of paper heritage. Periodicals play an important part in the preservation strategy of the programme. In this TS Tools, we describe the history of Metamorfoze and its projects, consider the current course, and take a look into the future of the programme.

  16. Rating mutual funds

    DEFF Research Database (Denmark)

    Bechmann, Ken L.; Rangvid, Jesper

    obtained an annual risk-adjusted excess return that is approximately 3-4 percentage points higher per annum than if the funds with the highest costs had been invested in. We compare the atpRating with the Morningstar Rating. We show that one reason why the atpRating and the Morningstar Rating contain...... different information is that the returns Morningstar uses as inputs when rating funds are highly volatile whereas the costs the atpRating uses as inputs when rating funds are highly persistent. In other words, a fund that has low costs one year will most likely also have low costs the following year......, whereas the return of a fund in a certain year generally contains only little information about the future return that the fund will generate. Finally, we have information on the investments in different mutual funds made by a small subgroup of investors known to have been exposed to both the atpRating...

  17. Rating mutual funds

    DEFF Research Database (Denmark)

    Bechmann, Ken L.; Rangvid, Jesper

    2007-01-01

    obtained a risk-adjusted excess return that is approximately 3-4 percentage points higher per annum than if the funds with the highest costs had been invested in. We compare the atpRating with the Morningstar Rating. We show that one reason why the atpRating and the Morningstar Rating contain different...... information is that the returns Morningstar uses as inputs when rating funds are highly volatile whereas the costs the atpRating uses as inputs when rating funds are highly persistent. In other words, a fund that has low costs one year will most likely also have low costs the following year, whereas...... the return of a fund in a certain year generally contains only little information about the future return that the fund will generate. Finally, we have information on the investments in different mutual funds made by a small subgroup of investors known to have been exposed to both the atpRating...

  18. [Study on the history of exchange in pharmaceutical science between Japan and Korea after the Modern period: focus on Korean students sent to Japan with expenses funded by the Japanese government].

    Science.gov (United States)

    Shim, Chang-Koo; Son, Il-Sun; Choi, Eung-Chil; Nam, Young-Hee; Sung, Yoon-Kyoung; Tsutani, Kiichiro

    2009-01-01

    According to an old historical text, Nihonshoki [Chinese and Korean characters: see text]), there are records of medical doctors ([Chinese and Korean characters: see text]) and herbal pharmacists ([Chinese and Korean characters: see text]) being dispatched to Japan as early as 554 A.D. ([Chinese and Korean characters: see text]). More recently, a clinic ([Chinese and Korean characters: see text]) for Japanese residents in Pusan was established in 1877. Advanced modern pharmacy from Japan began to be introduced to Korea after 1909. Based on an agreement between the Korean and Japanese governments, Korean students sent to Japan with expenses funded by the Japanese government became a systematic program after 1965. As a result, Koreans who earned Ph.D.s from Japanese universities became a majority in the faculties of Korean schools of pharmacy. However, this trend drastically shifted in the years after 1990, at which time the primary nation for earning Ph.D.s became the United States; the number of students studying in Japan has become very low recently. In this study, six ex-students who studied in Japan were interviewed and the results were analyzed. Furthermore, the past, present and future perspectives of Korean students in Japan were discussed while focusing on the system of Korean students being sent to Japan with expenses funded by the Japanese government.

  19. The introduction of DRG funding and hospital nurses' changing perceptions of their practice environment, quality of care and satisfaction: comparison of cross-sectional surveys over a 10-year period.

    Science.gov (United States)

    Zander, Britta; Dobler, Lydia; Busse, Reinhard

    2013-02-01

    As other countries which have introduced diagnosis-related groups (DRGs) to pay their hospitals Germany initially expected that quality of care could deteriorate. Less discussed were potential implications for nurses, who might feel the efficiency-increasing effects of DRGs on their daily work, which in turn may lead to an actual worsening of care quality. To analyze whether the DRG implementation in German acute hospitals (as well as other changes over the 10-year period) had measurable effects on (1) the nurse work environment (including e.g. an adequate number of nursing staff to provide quality patient care), (2) quality of patient care and safety (incl. confidence into patients' ability to manage care when discharged), and (3) whether the effects from (1) and (2)--if any--impacted on the nurses themselves (satisfaction with their current job and their choice of profession as well as emotional exhaustion). Two rounds of nurse surveys with the Practice Environment Scale of the Nursing Work Index (PES-NWI), five years before DRG implementation (i.e. in 1998/1999; n=2681 from 29 hospitals) and five years after (i.e. in 2009/2010; n=1511 from 49 hospitals). The analysis utilized 15 indicators as outcomes for (1) practice environment, (2) quality of patient care and safety, as well as (3) nurses' satisfaction and emotional exhaustion. Multivariate analyses were performed for all three sets of outcomes using SPSS version 20. Aspects of the practice environment (especially adequate staffing and supportive management) worsened within the examined time span of 10 years, which as a consequence had significant negative impact on the nurse-perceived quality of care (except for patient safety, which improved). Both the aspects of the practice environment and the quality aspects impacted substantially on satisfaction and emotional exhaustion among nurses. The DRG implementation in Germany has apparently had measurable negative effects on nurses and nurse-perceived patient

  20. Ultrametricity in fund of funds diversification

    Science.gov (United States)

    Miceli, M. A.; Susinno, G.

    2004-12-01

    Minimum market transparency requirements impose hedge fund (HF) managers to use the statement declared strategy in practice. However, each declared strategy may actually generate a multiplicity of implemented management decisions. Is then the “actual ” strategy the same as the “announced” strategy? Can the actual strategy be monitored or compared to the actual strategy of HF belonging to the same “announced” class? Can the announced or actual strategy be used as a quantitative argument in the fund of funds policy? With the appropriate metric, it is possible to draw a minimum spanning tree (MST) to emphasize the similarity structure that could be hidden in the raw correlation matrix of HF returns.

  1. A Fund of Wisdom

    DEFF Research Database (Denmark)

    Seabrooke, Leonard; Broome, André

    2006-01-01

    the Fund's bilateral surveillance of its Western member states. This article proposes that "seeing like the IMF" provides a dynamic view of how the Fund frames its advice for institutional change. It does so through "associational templates" that do not blindly promote institutional convergence, but appeal......The International Monetary Fund spends most of its time monitoring its member states' economic performance and advising on institutional change. While much of the literature sees the Fund as a policy enforcer in "emerging market" and "frontier" economies, little attention has been paid to exploring...... for change on the basis of like-characteristics among economies. Many Western states, particularly small open economies, consider the Fund's advice as important not only for technical know-how, but because Fund assessments are significant to international and domestic political audiences. This article traces...

  2. 浅谈新时期高职学生管理工作%The Management of Vocational Students in Current Period

    Institute of Scientific and Technical Information of China (English)

    石斐

    2011-01-01

    摘要:在新时期高职学生的管理工作过程中,应根据高职学生的特点,坚持以人为本,遵循高职教育规律,将制度化管理与人性化管理相结合。在注重理论教育的同时,吸取先进的、科学的现代管理思想和艺术,并探索新的管理方法,做好学生的管理和教育工作,将高职学生培养成为高素质的应用型技术型人才。%In curRent period the manlagement of higher vocational students, according to the characteristics of vocational students, should adhere to the people-oriented, follow the rule of higher vocational education, and combine the system of management with human management. Therdfore We ought to focus on theoretical education. At the same time, we must learn advanced and scientific modem management of thought and art. By exploring new management method, we could make students' management and education better. The cultivation of higher vocational students will be essential for any students to become qualified application-oriented talents.

  3. INDEXING AND INDEX FUNDS

    Directory of Open Access Journals (Sweden)

    HAKAN SARITAŞ

    2013-06-01

    Full Text Available Proponents of the efficient market hypothesis believe that active portfolio management is largely wasted effort and unlikely to justify the expenses incurred. Therefore, they advocate a passive investment strategy that makes no attempt to outsmart the market. One common strategy for passive management is indexing where a fund is designed to replicate the performance of a broad-based index of stocks and bonds. Traditionally, indexing was used by institutional investors, but today, the use of index funds proliferated among individual investors. Over the years, both international and domestic index funds have disproportionately outperformed the market more than the actively managed funds have.

  4. The Equity of School Facilities Funding: Examples from Kentucky

    Science.gov (United States)

    Glenn, William J.; Picus, Lawrence O.; Odden, Allan; Aportela, Anabel

    2009-01-01

    While there is an extensive literature analyzing the relative equity of state funding systems for current operating revenues, there is a dearth of research on capital funding systems. This article presents an analysis of the school capital funding system in Kentucky since 1990, using the operating-revenue analysis concepts of horizontal equity,…

  5. 76 FR 30286 - Community Development Revolving Loan Fund

    Science.gov (United States)

    2011-05-25

    ... includes appropriated funds, current year earnings, and a portion of prior years' retained earnings... appropriations and earnings on Fund assets, the Fund has grown to over $19.7 million as of the end of the first... retained in this proposal, Part 705 uses the low-income standard promulgated in the 2008 rule making and...

  6. Addressing health inequalities by using Structural Funds. A question of opportunities.

    Science.gov (United States)

    Neagu, Oana Maria; Michelsen, Kai; Watson, Jonathan; Dowdeswell, Barrie; Brand, Helmut

    2017-03-01

    Making up a third of the EU budget, Structural and Investment Funds can provide important opportunities for investing in policies that tackle inequalities in health. This article looks back and forward at the 2007-2013 and 2014-2020 financial periods in an attempt to inform the development of health equity as a strand of policy intervention under regional development. It combines evidence from health projects funded through Structural Funds and a document analyses that locates interventions for health equity under the new regulations. The map of opportunities has changed considerably since the last programming period, creating more visibility for vulnerable groups, social determinants of health and health systems sustainability. As the current programming period is progressing, this paper contributes to maximizing this potential but also identifying challenges and implementation gaps for prospective health system engagement in pursuing health equity as part of Structural Funds projects. The austerity measures and their impact on public spending, building political support for investments as well as the difficulties around pursuing health gains as an objective of other policy areas are some of the challenges to overcome. European Structural and Investment Funds could be a window of opportunity that triggers engagement for health equity if sectors adopt a transformative approach and overcome barriers, cooperate for common goals and make better use of the availability of these resources.

  7. Performance appraisal of Croatian mandatory pension funds

    Directory of Open Access Journals (Sweden)

    Pierre Matek

    2016-03-01

    Full Text Available The goal of this paper is to determine whether managers of Croatian mandatory pension funds have displayed investment skill on a risk-adjusted basis during the 2005-2014 period. We have calculated various risk-adjusted investment performance measures and have then used a number of statistical tools to test the significance of the results. Evidence from our analysis suggests that Croatian mandatory pension funds have reached their investment targets in terms of risk-free rates or benchmarks. Evidence of investment skill was found in some of the funds analysed.

  8. To Fund or Not to Fund

    DEFF Research Database (Denmark)

    Hvass, Kristian Anders

    2014-01-01

    of passenger traffic flows and interviews with industry experts suggests that funding offers are seldom influential and there are threats of uni-directional traffic, cannibalization, and inappropriate metrics with such programs. A sustainable alternative would see destination stakeholders cooperate to develop...... inbound tourism products to match the needs of an airline's customer groups....

  9. 12 CFR 219.24 - Retention period.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 2 2010-01-01 2010-01-01 false Retention period. 219.24 Section 219.24 Banks...) Recordkeeping and Reporting Requirements for Funds Transfers and Transmittals of Funds § 219.24 Retention period. All records that are required to be retained by this subpart shall be retained for a period of five...

  10. Harvard University: Green Loan Fund. Green Revolving Funds in Action: Case Study Series

    Science.gov (United States)

    Foley, Robert

    2011-01-01

    The Green Loan Fund at Harvard University has been an active source of capital for energy efficiency and waste reduction projects for almost a decade. This case study examines the revolving fund's history from its inception as a pilot project in the 1990s to its regeneration in the early 2000s to its current operations today. The green revolving…

  11. Performance Evaluation of Investment (Mutual Funds

    Directory of Open Access Journals (Sweden)

    Povilas Vyšniauskas

    2014-12-01

    Full Text Available The efficiency of an investment fund is one of the main components in evaluating the performance of the fund. This study seeks for introducing and comparing risk and performance evaluation ratios. The paper is aimed at testing the worked out ratios and at distinguishing between the best ones for the purpose of evaluating the performance of Lithuanian mutual funds. Scientific studies show that a standard deviation, alpha, beta, Sharpe and Treynor ratios are mostly employed for identifying the performance of mutual funds that are also compared with their benchmark index to establish if these funds are outperformed and if is it worth paying management fees to investment banks for managing mutual funds. Historical data were selected for the period from 2012-01-02 to 2013-10-15 analysing the prices of monthly funds. The paper points out the areas of a practical application of the proposed model for investment fund valuation, which may not only provide valuable outcomes for practitioners but also may inspire further research on this article.

  12. Hedge Funds As a Alternative Investment Opportunities

    Directory of Open Access Journals (Sweden)

    Michał Falkowski

    2009-09-01

    Full Text Available Hedge fund which became a popular alternative investment is a collective term for different types of investment fund. A common feature of these funds is that they have absolute earnings targets, that is they set targets for earnings irrespective of developments on, for example, the stock exchange. The paper deals with the current problem of the financial crisis and the effect it made worldwide for many institutional and private investors. It discusses the role played by hedge funds in developments on the financial markets, and to what extent they are affected by the effects of the crisis, as a recurring feature of every financial crisis. It also shows a wind range of strategies used by hedge funds to achieve their goal.

  13. LIBER/OCLC Fund for Central and East European Libraries

    Directory of Open Access Journals (Sweden)

    2000-05-01

    Full Text Available The Ligue des Bibliotheques Europeennes de Recherche (LIBER is delighted to announce the LIBER/OCLC Fund for Central and East European Libraries, which is generously supported by OCLC. The Fund will offer membership of LIBER to individual libraries in Central and Eastern Europe for a period of years in order to assist them to support their membership of LIBER from their own resources at the end of the period of support from the Fund.

  14. Funding Music Technology.

    Science.gov (United States)

    Kassner, Kirk

    1998-01-01

    Recommends that teachers write grants to obtain funds for using technology in music education. Explains that teachers should ask themselves two questions: "Who has funds to give and what do they require the recipient to do?" Provides a list of guidelines, a sample grant proposal, and information about the panel review. (CMK)

  15. Educational Technology Funding Models

    Science.gov (United States)

    Mark, Amy E.

    2008-01-01

    Library and cross-disciplinary literature all stress the increasing importance of instructional technology in higher education. However, there is a dearth of articles detailing funding for library instructional technology. The bulk of library literature on funding for these projects focuses on one-time grant opportunities and on the architecture…

  16. 75 FR 55784 - Final Extension of Project Period and Waiver for the State and Federal Policy Forum

    Science.gov (United States)

    2010-09-14

    ... Final Extension of Project Period and Waiver for the State and Federal Policy Forum AGENCY: Office of... Forum for Program Improvement Center (CFDA No. 84.326F). SUMMARY: The Secretary issues this notice to... period and waiver enable the currently funded State and Federal Policy Forum for Program Improvement...

  17. 75 FR 44231 - Notice of Proposed Extension of Project Period and Waiver for the State and Federal Policy Forum...

    Science.gov (United States)

    2010-07-28

    ... Notice of Proposed Extension of Project Period and Waiver for the State and Federal Policy Forum for... extension of project period and waiver for the State and Federal Policy Forum for Program Improvement Center... enable the currently funded State and Federal Policy Forum for Program Improvement Center to receive...

  18. COMPARATIVE STUDY OF OWN FUNDS IN THE BANKING SYSTEM

    Directory of Open Access Journals (Sweden)

    Tesu Ramona

    2012-12-01

    Full Text Available The present article has as a reserch field theoretical, methodological and practical aspects of the own funds, taking into account the line-up attempts of the romanian banking system to the requirements of the European Union, materialised in the Basel Agreement. The objectives of the research theme, presented in this paper, are mainly oriented towards own funds. We also proposed the following secondary objectives: presenting the concept approaches concerning own funds, emphasysing the tipology of own funds and pointing out their purpose in the banking activity; presenting and analyse the evolution of the own funds in Romania, for a period of 8 years (2004-2011. Even though the actual stage of the research in this field is advanced, in the romanian and foreign literature which dedicate a lot of theoretical and empiric studies concerning own funds. In our study we will use a theoretical and a practical research. The theoretical research describes the laws, reglementations and rules of application in the banking field in our country. In the practical part we will use as a research method the quality-comparative analyse by presenting details regarding bank back-ups. Despite the global financial crisis, the Romanian banking system can be considered as stable as a whole, with levels of capitalization, solvency and liquidity in accordance with consistent with prudential requirements. Tier 1, defined as the core of their sources of credit institutions through the permanent criteria, payment flexibility and capacity to absorb losses continued to overwhelmingly support a total equity. Appropriate quality of own funds is on their structure. The most important component frame our capital plus capital frame attached. The second component in terms is still represented by legal reserves. An important challenge for banks was to maintain a level of own funds accordance, in the conditions witch they were eroded by the current period losses. Tier 2 support rate of

  19. INVESTMENT FUNDS IN ROMANIA

    Directory of Open Access Journals (Sweden)

    COPIL CRINA ANGELA

    2013-07-01

    Full Text Available I chose this topic because my goal was to capture in detail all aspects of the evolution of investment funds under the influence of factors leading to globalization of the banking financial market. Main motivation was that I proposed to present in an original manner the concept of investment in mutual funds by the thoroughness of the following points: the different types of investment funds from Romania, the advantages, the risks and the specific costs of the investment in mutual funds and the effects of the financial crisis on the industry of the investment funds on the national level. The financial crisis and the risk of infecting the global economy affected the taste of risk of the investors and their request for the investment fund, determining the orientation of the investors to the funds with a lower risk – the diversified funds, the funds of bonds and the monetary funds. I considered important the theoretical approach of the concept of investments in investment funds because they are a barometer of the macro economical stability, in case the economical increase is positive on the macro economical level the investments in investments funds are increasing too. In Romania the market of the mutual funds is at an incipient level, but with potential and perspectives of development. Due to the bankruptcy of FNI in the beginning of the years 2000 and due to the absence of a clear legislation regarding the calculation of the unitary value of the net asset and the control of the activity developed by the investment funds, the development of the industry of the investment funds had to fight against the crisis of credibility generated by these events. The convergence of the Romanian economy to the European standards will attract also a modification of the structure of the financial investments of the individuals, by an increase of the investments in funds. In the world the investment funds are preferred by the investors for their advantages

  20. Understaning the "funding effect"

    Science.gov (United States)

    Oreskes, N.

    2016-12-01

    There is a long history of industry funding of scientific and engineering research in the USA. Much of this work has been of high quality. Research demonstrates, however, that corporate funding can represent a threat to scientific independence and integrity. Studies show that sponsors' interests can affect research results, particularly when sponsors have a strong interest in a particular research outcome. The effects may occur through the impact of subconscious bias on sampling, study design, data interpretation, and/or reporting of results. Corporate funding can also skew research toward investigating certain questions at the expense of others, downplaying the significance of adverse findings, and/or failing to report adverse results. Gifts can affect behavior, even when they are unrelated to research activities. These impacts that are so substantial that they have a name: "the funding effect."[i] Evidence shows that scientists who strive to be objective and fair-minded may nonetheless fall prey to the funding effect. In many cases, the challenges of corporate gifts and funding can be addressed through education and improved self-awareness, agreements that protect researchers' freedom to publish without sponsor approval, sensible disclosure policies, and reasonable sanctions for failures of disclosure. However, in some cases, it may be appropriate for researchers and scientific societies to decline funding.

  1. Current Trends of Periodical Circulation Policies Relative to Attitudes by Librarians Toward Causes of Mutilation and Theft in 92 Four-Year Colleges and Universities.

    Science.gov (United States)

    Martin, Ron G.

    This study was designed to accomplish three objectives relating to periodical circulation in college and university libraries: 1) to establish present circulation policy trends, 2) to obtain attitudinal information on mutilation and theft of periodicals from serial librarians, and 3) to ascertain if there were, at present, any workable methods of…

  2. 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 ...

  3. Constructing Multi-Strategy Fund of Hedge Funds

    OpenAIRE

    Suppal, Kamal

    2004-01-01

    This paper aims to develop a systematic allocation methodology to combine multi-strategy hedge funds within a structure of fund of funds in a risk-controlled manner. This is particularly important since the traditional mean-variance optimization proves ineffective in addressing hedge fund return distributions that are asymmetric in nature. Moreover, unstable correlations among various hedge fund strategies also pose a challenge to a meaningful optimization to combine various hedge fund strate...

  4. Mutual aid fund commission

    CERN Document Server

    Staff Association

    2011-01-01

    The composition of the Board of the Mutual Aid Fund for 2011 is as follows: President: Pascal Droux Vice-president: Connie Potter Treasurer: Louis Pereira Deputy treasurer: Barbara Brugger Secretary: Sonia Casenove Deputy secretary: Isabelle Mardirossian Members: Christopher David Thomas   Jean-Claude Vialis (GAC member)   Marie-Luce Falipou   Gunilla Santiard (Jean-Claude Vialis’s alternate) The role of the Fund is to provide financial help to members of personnel and beneficiaries of the Pension Fund who are in need of exceptional financial assistance. All requests are treated in the strictest confidence. Should you wish to apply for aid from the Fund, kindly contact any member of the Board as given above or Social Services, tel.74479 – 73867.

  5. Funding begets biodiversity

    DEFF Research Database (Denmark)

    Ahrends, Antje; Burgess, Neil David; Gereau, Roy E.

    2011-01-01

    . Cross-correlation analysis showed that funding is likely to be driving conservation priorities and not vice versa. It was also apparent that investment itself may trigger further investments as a result of reduced start-up costs for new projects in areas where infrastructure already exists......Aim Effective conservation of biodiversity relies on an unbiased knowledge of its distribution. Conservation priority assessments are typically based on the levels of species richness, endemism and threat. Areas identified as important receive the majority of conservation investments, often....... It is therefore difficult to establish whether funding, perceived biodiversity, or both drive further funding. However, in all cases, the results suggest that regional assessments of biodiversity conservation importance may be biased by investment. Funding effects might also confound studies on mechanisms...

  6. Research Funding: the Case for a Modified Lottery

    Directory of Open Access Journals (Sweden)

    Ferric C. Fang

    2016-05-01

    Full Text Available The time-honored mechanism of allocating funds based on ranking of proposals by scientific peer review is no longer effective, because review panels cannot accurately stratify proposals to identify the most meritorious ones. Bias has a major influence on funding decisions, and the impact of reviewer bias is magnified by low funding paylines. Despite more than a decade of funding crisis, there has been no fundamental reform in the mechanism for funding research. This essay explores the idea of awarding research funds on the basis of a modified lottery in which peer review is used to identify the most meritorious proposals, from which funded applications are selected by lottery. We suggest that a modified lottery for research fund allocation would have many advantages over the current system, including reducing bias and improving grantee diversity with regard to seniority, race, and gender.

  7. Annual Pension Fund Update

    CERN Multimedia

    Pension Fund

    2011-01-01

    All members and beneficiaries of the Pension Fund are invited to attend the Annual Pension Fund Update to be held in the CERN Council Chamber on Tuesday 20 September 2011 from 10-00 to 12-00 a.m. Copies of the 2010 Financial Statements are available from departmental secretariats. Coffee and croissants will be served prior to the meeting as of 9-30 a.m.

  8. PENSION FUND - ELECTIONS

    CERN Multimedia

    2000-01-01

    This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund.   Candidate: Name: RANJARD First Name: Florence Having been a member of the Governing Board of the Pension Fund since 1983 as Guy Maurin’s alternate, I am standing for a further 3-year term of office. Over the past few years work has concentrated essentially on following items: Monitoring of the work of the fund managers and their performances. The three-yearly study of the Fund’s actuarial situation. The pension guarantees ­ second phase. The Fund is approaching its maturity: the level of benefits exceeds contributions. In this context it has to strike a suitable balance between management of the risk from a dynamic investment policy, while by a prudent policy avoiding any significant loss of its capital. These will be my concerns within the Governing Board of the Pension Fund if you give me your support.

  9. Dynamics of Ring Current and Electric Fields in the Inner Magnetosphere During Disturbed Periods: CRCM-BATS-R-US Coupled Model

    Science.gov (United States)

    Buzulukova, N.; Fok, M.-C.; Pulkkinen, A.; Kuznetsova, M.; Moore, T. E.; Glocer, A.; Brandt, P. C.; Toth, G.; Rastaetter, L.

    2010-01-01

    We present simulation results from a one-way coupled global MHD model (Block-Adaptive-Tree Solar-Wind Roe-Type Upwind Scheme, BATS-R-US) and kinetic ring current models (Comprehensive Ring Current Model, CRCM, and Fok Ring Current, FokRC). The BATS-R-US provides the CRCM/FokRC with magnetic field information and plasma density/temperature at the polar CRCM/FokRC boundary. The CRCM uses an electric potential from the BATS-R-US ionospheric solver at the polar CRCM boundary in order to calculate the electric field pattern consistent with the CRCM pressure distribution. The FokRC electric field potential is taken from BATS-R-US ionospheric solver everywhere in the modeled region, and the effect of Region II currents is neglected. We show that for an idealized case with southward-northward-southward Bz IMF turning, CRCM-BATS-R-US reproduces well known features of inner magnetosphere electrodynamics: strong/weak convection under the southward/northward Bz; electric field shielding/overshielding/penetration effects; an injection during the substorm development; Subauroral Ion Drift or Polarization Jet (SAID/PJ) signature in the dusk sector. Furthermore, we find for the idealized case that SAID/PJ forms during the substorm growth phase, and that substorm injection has its own structure of field-aligned currents which resembles a substorm current wedge. For an actual event (12 August 2000 storm), we calculate ENA emissions and compare with Imager for Magnetopause-to-Aurora Global Exploration/High Energy Neutral Atom data. The CRCM-BATS-R-US reproduces both the global morphology of ring current and the fine structure of ring current injection. The FokRC-BATS-R-US shows the effect of a realistic description of Region II currents in ring current-MHD coupled models.

  10. Breaking up is hard to do: the economic impact of provisional funding contingent upon evidence development.

    Science.gov (United States)

    Mortimer, Duncan; Li, Jing Jing; Watts, Jennifer; Harris, Anthony

    2011-10-01

    Funding contingent upon evidence development (FED) has recently been the subject of some considerable debate in the literature but relatively little has been made of its economic impact. We argue that FED has the potential to shorten the lag between innovation and access but may also (i) crowd-out more valuable interventions in situations in which there is a fixed dedicated budget; or (ii) lead to a de facto increase in the funding threshold and increased expenditure growth in situations in which the programme budget is open-ended. Although FED would typically entail periodic review of provisional or interim listings, it may prove difficult to withdraw funding even at cost/QALY ratios well in excess of current listing thresholds. Further consideration of the design and implementation of FED processes is therefore required to ensure that its introduction yields net benefits over existing processes.

  11. Global Fund fundraising drive comes up well short of target.

    Science.gov (United States)

    Garmaise, David

    2005-12-01

    The Global Fund to Fight HIV/AIDS, Malaria and Tuberculosis has raised only about half of the funds it was seeking for 2006 and 2007. The shortfall in funding means that many programs to fight HIV/AIDS, malaria and tuberculosis cannot proceed, at a time when countries should be scaling up their responses. "The current funding gap will have devastating effects," said Anandi Yuvaraj, a Global Fund Board member, "depriving poor women, men and children from the hope of accessing life-saving prevention and treatment services...".

  12. Social Security Funds Clamor for Reform

    Institute of Scientific and Technical Information of China (English)

    郑秉文

    2008-01-01

    This paper analyzed the institutional deficiencies inherent in China’s social security system based on a dissection of various social security fund violations. It holds that the unscientific design in social security system is the root cause for social security fund violations, which is reflected in low level of social security unification, irrational investment system and legislative loopholes etc. Currently, China’s social security funds are facing risks in management and in system; The key of risk control lies in the reforming of the overall framework of social security system through the following aspects: 1) readjust the unified account system structure to raise the level of unification; 2) reform funds investment system to boost ROI; 3) speeding up legislative to regulate the administrative costs and the behaviors of its entities.

  13. Overview: Permanent University Fund (PUF)/Higher Education Fund (HEF)

    Science.gov (United States)

    Texas Higher Education Coordinating Board, 2009

    2009-01-01

    All public institutions of higher education except community colleges and the Texas A&M University System College of Dentistry receive funding for construction and other capital purposes from the Permanent University Fund (PUF) or the Higher Education Fund (HEF) (sometimes referred to as the Higher Education Assistance Fund or HEAF). The…

  14. Characteristics of persistent spin current components in a quasi-periodic Fibonacci ring with spin-orbit interactions: Prediction of spin-orbit coupling and on-site energy

    Science.gov (United States)

    Patra, Moumita; Maiti, Santanu K.

    2016-12-01

    In the present work we investigate the behavior of all three components of persistent spin current in a quasi-periodic Fibonacci ring subjected to Rashba and Dresselhaus spin-orbit interactions. Analogous to persistent charge current in a conducting ring where electrons gain a Berry phase in presence of magnetic flux, spin Berry phase is associated during the motion of electrons in presence of a spin-orbit field which is responsible for the generation of spin current. The interplay between two spin-orbit fields along with quasi-periodic Fibonacci sequence on persistent spin current is described elaborately, and from our analysis, we can estimate the strength of any one of two spin-orbit couplings together with on-site energy, provided the other is known.

  15. ELECTIONS PENSION FUND

    CERN Multimedia

    2001-01-01

    ORGANISATION EUROPEENNE POUR LA RECHERCHE NUCLEAIRE CERN EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH CAISSE DE PENSIONS / PENSION FUND Caisse de Pensions - ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate : Name : CHIAVERI First Name : Enrico I have been a CERN staff member since 1973 and have always been interested in our working conditions. As a member of the Executive Committee of the Staff Association I participated from 1980 to 1984 in the Working Group on Pensions mandated by the CERN Council. This commitment led to my becoming a member of the Governing Board of the Pension Fund in 1983, since when I have taken an active part in various commissions and working groups (Real Estate Asset Management Committee, Working Group on Actuarial Matters etc.); in so doing I have gained a thorough knowledge of different areas of the Pension Fund. Since ...

  16. ELECTIONS - Pension Fund

    CERN Document Server

    2006-01-01

    CERN - EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH PENSION FUND ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate: First name: Michel Name: Goossens The CERN/ESO Pension Fund represents, for most staff, the sole source of income when they retire. The health of our Pension Fund is thus of the utmost importance to ensure the payment of pensions up to the death of the last beneficiary. The 2003 actuarial review showed a large deficit and several corrective measures have already been taken. The next months will see the results of the 2006 actuarial review. We hope they will show that the measures taken last year are going in the right direction. However, we must remain proactive since further measures will no doubt be necessary. New and imaginative proposals must be prepared and discussed in the widest possible forum, by regular direct contact ...

  17. ELECTIONS - Pension Fund

    CERN Multimedia

    2006-01-01

    CERN - EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH PENSION FUND ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate: First name: Michel Name: Goossens The CERN/ESO Pension Fund represents, for most staff, the sole source of income when they retire. The health of our Pension Fund is thus of the utmost importance to ensure the payment of pensions up to the death of the last beneficiary. The 2003 actuarial review showed a large deficit and several corrective measures have already been taken. The next months will see the results of the 2006 actuarial review. We hope they will show that the measures taken last year are going in the right direction. However, we must remain proactive since further measures will no doubt be necessary. New and imaginative proposals must be prepared and discussed in the widest possible forum, by regular direct contact with staff...

  18. ELECTIONS - Pension Fund

    CERN Multimedia

    2006-01-01

    CERN - EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH PENSION FUND ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate: First name: Michel Name: Goossens The CERN/ESO Pension Fund represents, for most staff, the sole source of income when they retire. The health of our Pension Fund is thus of the utmost importance to ensure the payment of pensions up to the death of the last beneficiary. The 2003 actuarial review showed a large deficit and several corrective measures have already been taken. The next months will see the results of the 2006 actuarial review. We hope they will show that the measures taken last year are going in the right direction. However, we must remain proactive since further measures will no doubt be necessary. New and imaginative proposals must be prepared and discussed in the widest possible forum, by regular direct contact with staf...

  19. Market timing and selectivity performance of mutual funds in Ghana

    Directory of Open Access Journals (Sweden)

    Abubakar Musah

    2014-07-01

    Full Text Available The growing interest in mutual funds in Ghana has been tremendous over the last decade as evidenced by the continuous increases in number and total funds under management. However, no empirical work has been done on the selectivity and timing ability of the mutual fund managers. Using monthly returns data hand-collected from the reports of the mutual fund managers for the period January 2007-December 2012, this paper examines the market timing and selectivity ability of mutual fund managers in Ghana using the classic Treynor-Mazuy (1966 model and Henriksson- Merton (1981 model. The results suggest that, in general mutual fund managers in Ghana are not able to effectively select stocks and also are not able to predict both the magnitude and direction of future market returns. More specifically, all of the sample mutual fund managers attain significant negative selectivity coefficients and also most of them attain insignificant negative timing coefficients.

  20. Assessing CO2 interaction with cement and steel over a two-year injection period: current state and future risks for the MovECBM project in Poland

    NARCIS (Netherlands)

    Loizzo, M.; Bressers, P.; Benedictus, T.; Guen, Y. le; Poupard, O.

    2009-01-01

    On the site of Kaniow (Poland) a new well was used to inject supercritical CO2 into coal seams over a two year period. The injection was part of an experiment on Enhanced Coal-Bed Methane recovery sponsored by the RECOPOL and MovECBM European project. Part of the interest in ECBM is the possibility

  1. Assessing CO2 interaction with cement and steel over a two-year injection period: current state and future risks for the MovECBM project in Poland

    NARCIS (Netherlands)

    Loizzo, M.; Bressers, P.; Benedictus, T.; Guen, Y. le; Poupard, O.

    2009-01-01

    On the site of Kaniow (Poland) a new well was used to inject supercritical CO2 into coal seams over a two year period. The injection was part of an experiment on Enhanced Coal-Bed Methane recovery sponsored by the RECOPOL and MovECBM European project. Part of the interest in ECBM is the possibility

  2. Innovative funding solution for special projects: Crowd funding

    Directory of Open Access Journals (Sweden)

    Sentot Imam Wahjono

    2015-06-01

    Full Text Available The aim of this paper is to examine the influence of crowd funding knowledge, applica-tion, platform, and project initiator toward successful crowd funding. This study conducted by quantitative approach, data have been collected with web-based ques-tionnaires via Kickstarter.com direct message and e-mail to 200 successful crowd funding project initiators as a sample and as much 152 sets questionnaire returned by a complete answer and should be analyzed further. Deployment and data collection take 3 month from October to December 2013. This study found evidence that crowd funding knowledge, crowd funding application, crowd funding platform, and project initiator has positive and significant relationship toward the success of crowd funding. The implication from this research is crowd funding can be a source of capital to finance the projects, not just rely on traditional sources of financing just like banking and capital markets. Crowd funding can be innovative funding solution.

  3. Sovereign Wealth Funds in the Next Decade

    OpenAIRE

    2010-01-01

    A prolonged and multispeed recovery period, its associated policy response, and the new global financial landscape might have important bearing on the size and allocation of sovereign wealth funds (SWFs) assets. SWFs could become a driving force in South-South flows, boosting global wealth by helping recycle large savings in surplus countries toward more productive investments. Whereas they ...

  4. 75 FR 12407 - Capital Magnet Fund

    Science.gov (United States)

    2010-03-15

    ... financial statements, wire transfer documents, pro-formas, etc., and will be subject to periodic CDFI Fund... 1995 and assigned OMB Control Number 1559-0036. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid control number...

  5. 7 CFR 945.44 - Excess funds.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 8 2010-01-01 2010-01-01 false Excess funds. 945.44 Section 945.44 Agriculture Regulations of the Department of Agriculture (Continued) AGRICULTURAL MARKETING SERVICE (Marketing Agreements... following fiscal period, except that if the handler demands payment, such proportionate refund shall be paid...

  6. Pension Fund governing board

    CERN Multimedia

    HR Department

    2008-01-01

    On 16 March and 7 May, the Pension Fund Governing Board (PFGB) held its fourth and fifth meetings The first of these meetings was primarily dedicated to the examination of the strategic asset allocation. The PFGB reaffirmed the main goal of the new strategic asset allocation: to improve the Pension Fund’s position with regard to risk by lowering overall portfolio volatility through suitable investments in less volatile asset classes such as real estate and absolute return strategies, where the return does not depend on market trends and negative growth is extremely unlikely. The finalised document will be presented to the Finance Committee and the Council at their June meetings for approval, in accordance with the provisions of the Levaux report. The PFGB also took note of the Internal Audit’s report on Pension Fund operations and decided to refer it to Working Group I as a working document for establishing a control and internal monitoring system for Pension Fund oper...

  7. Pension Fund governing board

    CERN Document Server

    HR Department

    2008-01-01

    On 16 March and 7 May, the Pension Fund Governing Board (PFGB) held its fourth and fifth meetings The first of these meetings was primarily dedicated to the examination of the strategic asset allocation. The PFGB reaffirmed the main goal of the new strategic asset allocation: to improve the Pension Fund’s position with regard to risk by lowering overall portfolio volatility through suitable investments in less volatile asset classes such as real estate and absolute return strategies, where the return does not depend on market trends and negative growth is extremely unlikely. The finalised document will be presented to the Finance Committee and the Council at their June meetings for approval, in accordance with the provisions of the Levaux report. The PFGB also took note of the Internal Audit’s report on Pension Fund operations and decided to refer it to Working Group I as a working document for establishing a control and internal monitoring system for Pension Fund oper...

  8. EU funding bonanza begins

    Directory of Open Access Journals (Sweden)

    Paula Gould

    2003-02-01

    There was little razzmatazz and chest-thumping in evidence at November’s official launch of FP6, the EU’s main vehicle for funding scientific research in Europe. Commission officials appeared quietly confident as they unveiled new plans for investment in scientific and technological projects (all subject to last minute change, of course. Draft documents were subsequently tidied and necessary revisions made, as consultative committees gave their final seal of approval. Initial calls for proposals have now been issued. Let the funding bonanza begin!

  9. Analysis of Satellite sea surface temperature time series in the Brazil-Malvinas Current confluence region: Dominance of the annual and semiannual periods

    Science.gov (United States)

    Provost, Christine; Garcia, Omar; GarçOn, VéRonique

    1992-11-01

    We study the dominant periodic variations of sea surface temperature (SST) in the Brazil-Malvinas Confluence region from a satellite-derived data set compiled by Olson et al. (1988). This data set is composed of 202 sea surface temperature images with a 4 × 4 km resolution and extends over 3 years (from July 1984 to July 1987). Each image is a 5-day composite. The dominant signal, as already observed by Podesta et al. (1991), has a 1-year period. We first fit a single-frequency sinusoidal model of the annual cycle in order to estimate mean temperature, amplitude, and phase at 159 points uniformly distributed over the region. The residuals are generally small (less than 2°C). The largest departures from this cycle are located either in the Brazil-Malvinas frontal region or in the southeastern part of the region. Other periods in SST variations are identified by means of periodograms of the 159 residual time series in which the annual cycle has been substracted. The periodograms show that a semiannual frequency signal is present at almost every location. The ratio of the semiannual amplitude to the annual amplitude increases southward from 0% at 30°S to reach up to 45% at 50°S. In the south the semiannual signal creates an asymmetry, and the resulting (total) annual cycle has a cold period (winter) longer than the warm one (summer). In the frontal region the annual and semiannual signals have an important interannual variation. This semiannual frequency is associated with the semiannual wave present in the atmospheric forcing of the southern hemisphere. Differential heating over the mid-latitude oceans and the high-latitude ice-covered Antarctic Continent has been suggested as the cause of this semiannual wave (Van Loon, 1967).

  10. New Solutions to the Funding Dilemma of Technology Startups

    Directory of Open Access Journals (Sweden)

    Ali Kousari

    2011-05-01

    Full Text Available This article explores the current funding challenges facing technology startups and describes new models based on smaller investments and collective action. First, the advantages and disadvantages of traditional startup funding models are presented, with an emphasis on venture capital and angel investment. Next, an overview of existing seed funds, or seed accelerators, shows how entrepreneurs can leverage this approach to access subsequent rounds of funding and create successful ventures. Then, an overview of crowd funding is provided, including examples of companies that have adopted this approach to funding startups and their founders. Finally, the article presents the basis of a new approach that uses crowd funding as means of attracting investors to collectives. In these business ecosystems, startups are exposed to less risk and investors can benefit from attractive returns by investing in these promising startups.

  11. The Adaptation Fund: a model for the future?

    Energy Technology Data Exchange (ETDEWEB)

    Chandani, Achala; Harmeling, Sven; Kaloga, Alpha Oumar

    2009-08-15

    With millions of the poor already facing the impacts of a changing climate, adaptation is a globally urgent – and costly – issue. The Adaptation Fund, created under the Kyoto Protocol, has unique features that could herald a new era of international cooperation on adaptation. Its governance structure, for instance, offers a fresh approach to fund management under the UN climate convention. The Fund's Board has also developed a constructive working atmosphere, and further progress is expected before the 2009 climate summit in Copenhagen. But developing countries' demand for adaptation funding is huge: conservative estimates put it at US$50 billion a year. The Fund's current structure and funding base are clearly only a first step towards filling that gap. And despite its significant progress over the last 18 months, many countries, particularly in the developed world, remain sceptical about this approach. Looking in detail at the Fund's evolution offers insight into its future potential as a model for adaptation finance.

  12. Meeting of the Pension Fund Governing Board

    CERN Document Server

    HR Department

    2009-01-01

    Reminder Given the current state of the financial markets and the continuing uncertainty as to their future evolution, we begin by reiterating the introductory statement of the last report from the Pension Fund: "The CERN pension scheme is based on the principle of defined benefits, so beneficiaries continue to receive the benefits to which they are entitled in accordance with the Rules of the Pension Fund. This means that pension entitlements under the Rules are not directly affected by the financial crisis and the current economic situation. However, the adjustment of pensions to the cost of living is not automatic and, under the method applied since 2006, must take into account the Fund’s financial position." Meeting of the Pension Fund Governing Board (PFGB) The PFGB held its ninth and tenth meetings on 1st December 2008 and 11 February 2009 respectively. At the ninth meeting, the Governing Board bade farewell to P. Lambert, who had been an expert member since November...

  13. PERFORMANCE MEASUREMENT OF UCITS INVESTMENT FUNDS IN CROATIA

    Directory of Open Access Journals (Sweden)

    Marko Curkovic

    2017-03-01

    Full Text Available UCITS investment funds represent an important investment opportunity for retail, as well for institutional investors in the European Union. The aim of this paper is to analyse the performance of the UCITS investment funds in Croatia and to detect relatively homogeneous groups among the UCITS funds based on its performance. The analysis includes 55 UCITS, in the period from the beginning of 2011 until the end of 2014, and it is conducted on daily data of share prices, available from Bloomberg terminal. Analysis is performed separately within the groups of different investment fund by investment strategy. The research methodology is based on the calculation of various indicators of absolute and relative risk-adjusted performance and riskiness of the funds. In general, based on analysis of performance measures, it can be concluded that funds with higher values of net assets were more successful compared to the funds with below-average asset values. Also, funds with below-average values of net assets were more volatile. At the same time, funds run by foreign own management companies were more successful by the absolute performance measures, compared to funds run by management companies with domestic ownership. On the other hand, those funds were more volatile, as well.

  14. Performance Evaluation of Some Index Funds-Indian Perspective

    Directory of Open Access Journals (Sweden)

    Pranav Mishra

    2016-04-01

    Full Text Available The popularity of the index funds as an investment option has increased manifolds ever since they were introduced. This is primarily because of the merits that the investor enjoys through passive style of funds management. This includes the low cost involved in managing such funds and the significant tax savings. Most of the researchers have compared the performance of the actively managed funds with that of index funds. However the index funds of US and for that reason other parts of the world are different from that of India. Unlike other countries in India the benchmark indices comprise of very less number of securities and thus are unable to represent the entire economy. So in Indian context comparison of performance of actively managed funds with index funds is not logical. Therefore this paper attempts to make an intra-class performance evaluation of some Indian index funds based on some statistics. The study includes the use of graphical interpretations coupled with statistical tools like R-square and tracking error values. Two models of tracking error have been employed to test empirically the performance of the selected index funds. The study is useful for those interested in mutual funds, which includes researchers, academicians, and financial advisors. The paper suits the requirement and the situations prevalent in Indian economy during the period under study.

  15. Fund Heat Raise

    Institute of Scientific and Technical Information of China (English)

    Yang Wei

    2007-01-01

    @@ With the continuing massive inflow of domestic and foreign funds a new page has turned with respect to Chinese securities,pushing the Chinese stock index to a historical high,where much of the buying has been concentrated in banksand blue chips.

  16. Safeguarding Your Retirement Fund.

    Science.gov (United States)

    Morrell, Louis R.

    1989-01-01

    Faculty members should consider becoming more involved in the oversight of their personal retirement funds. Both price and inflation risks are best controlled by taking a balanced or diversified approach to investing, with a portfolio based on a predetermined percentage of each type of investment. (MSE)

  17. The behavior of the critical current density below and above the first matching field in superconductors with periodic square arrays of pinning sites

    Energy Technology Data Exchange (ETDEWEB)

    Obaidat, I.M. [Physics Department, United Arab Emirates University, PO Box 17551, Al-Ain (United Arab Emirates)]. E-mail: iobaidat@uaeu.ac.ae; Al Khawaja, U. [Physics Department, United Arab Emirates University, PO Box 17551, Al-Ain (United Arab Emirates); Benkraouda, M. [Physics Department, United Arab Emirates University, PO Box 17551, Al-Ain (United Arab Emirates); Salmeen, N. [Physics Department, United Arab Emirates University, PO Box 17551, Al-Ain (United Arab Emirates)

    2006-11-27

    We have studied the effect of the applied magnetic field on critical depinning force at zero and finite temperatures and for several values of pinning strength. This was achieved by conducting extensive series of molecular dynamic simulations on driven vortex lattices interacting with periodic square arrays of pinning sites. We have found that the critical depinning force decreases as the applied magnetic field is increased. We have also observed two distinct behaviors of dependence of the critical depinning force on the applied magnetic field below and above the first matching filed.

  18. Commonwealth Infrastructure Funding for Australian Universities: 2004 to 2011

    Science.gov (United States)

    Koshy, Paul; Phillimore, John

    2013-01-01

    This paper provides an overview of recent trends in the provision of general infrastructure funding by the Commonwealth for Australian universities (Table A providers) over the period 2004 to 2011. It specifically examines general infrastructure development and excludes funding for research infrastructure through the Australian Research Council or…

  19. Intergenerational risk-sharing through funded pensions and public debt

    NARCIS (Netherlands)

    Chen, D.H.J.; Beetsma, R.M.W.J.; Ponds, E.H.M.; Romp, W.E.

    We explore the benefits of intergenerational risk-sharing through both private funded pensions and via the public debt. We use a multi-period overlapping generation model with a pay-as-you-go pension pillar, a funded pension pillar and a government. Shocks are smoothed via the public debt and

  20. Intergenerational risk-sharing through funded pensions and public debt

    NARCIS (Netherlands)

    Chen, D.H.J.; Beetsma, R.M.W.J.; Ponds, E.H.M.; Romp, W.E.

    2016-01-01

    We explore the benefits of intergenerational risk-sharing through both private funded pensions and via the public debt. We use a multi-period overlapping generation model with a pay-as-you-go pension pillar, a funded pension pillar and a government. Shocks are smoothed via the public debt and variat

  1. Sovereign Wealth Funds: Issue of transparency

    Directory of Open Access Journals (Sweden)

    Petrović Daliborka

    2015-01-01

    Full Text Available Subject of the paper includes Sovereign Wealth Funds and the formation of the first regulatory framework for their investment activities. Sovereign Wealth Funds invested a significant amount of money in Western financial institutions during the global financial crisis and thus played a crucial role in the preservation and stabilization of the global financial system. However, at the same time, a large gap between the financial power of Sovereign Wealth Funds and the level of their transparency was noted. The need to improve the transparency of Sovereign Wealth Funds has been recognized by international institutions, the OECD and the IMF, which initiated the formulation of the first international regulatory framework regarding the operations of these types of funds. The current international regulatory framework represents a sufficient basis for the gradual improvement of transparency, but because of its non-binding and voluntary nature, certain issues such as the protection of national security interests remain open. Therefore, the solutions can be sought through a process of continuous improvement of international regulation as well as strengthening cooperation between Sovereign Wealth Funds and governments of countries in which they invest.

  2. Ranking mutual funds using Sortino method

    Directory of Open Access Journals (Sweden)

    Khosro Faghani Makrani

    2014-04-01

    Full Text Available One of the primary concerns on most business activities is to determine an efficient method for ranking mutual funds. This paper performs an empirical investigation to rank 42 mutual funds listed on Tehran Stock Exchange using Sortino method over the period 2011-2012. The results of survey have been compared with market return and the results have confirmed that there were some positive and meaningful relationships between Sortino return and market return. In addition, there were some positive and meaningful relationship between two Sortino methods.

  3. 妇幼保健机构委托工作经费的管理现状及对策研究%Study of Current Situation and Suggestions of Delegation Funding Management in Women and Child Health Care Institutions

    Institute of Scientific and Technical Information of China (English)

    马忠华

    2012-01-01

    A large proportion of health programs and researches of the National Center for Women and Children' s Health Care are implemented in coordination with local women and child health care institutions and related organizations. Funding of some programs will be delegated to the local partner agencies to ensure the successful implementation of the delegated programs. The funding will be used according to the related national financial regulations.%国家妇幼保健机构大量的业务工作是在各级地方妇幼保健机构和有关部门的协作、参与下在全国组织实施的,其中部分工作需要直接委托地方妇幼保健机构和有关部门协助完成,为保证委托工作的顺利完成,并按照国家相关规定合理使用委托工作经费.

  4. 中国主权财富基金的现状与发展分析——以相互依存理论为视角%Analysis on Current Situation and Development of Sovereign Wealth Funds of China:from the Perspective of the Interdependence Theory

    Institute of Scientific and Technical Information of China (English)

    刘康

    2012-01-01

    The current development of sovereign wealth funds of China covers the relationship between markets and states.Competition and cooperation have been involved in this processing.From the perspective of the interdependence theory,this paper analyzes current situation and development of sovereign wealth funds of China.At the same time,the paper puts forward some corresponding tactics to its development in the future.Therefore,sovereign wealth funds of China must have better future in the following fields,such as,investment mode,internal management and strengthen supervision.Moreover,sovereign wealth funds of China will play positive impact in the world,and create better investment performance.%当前中国主权财富基金的发展牵涉到国与国之间的国家与市场关系,这其中既充满合作也带有竞争。从相互依存理论的角度出发,探讨中国主权财富基金从成立至今在政治与经济层面所获得的正面效益以及所遭遇的诸多问题,以对其未来发展提供参考借鉴。中国主权财富基金应通过对国外主权基金进行适度的防范、建立国际化人才培养机制、完善风险控制机制以及继续增加透明度等措施,对所面临的问题进行有针对性的改进,以使中国主权财富基金发挥更积极的影响。

  5. About the debt to the Pension Fund

    CERN Multimedia

    Association du personnel

    2006-01-01

    At the Finance Committee meeting on 15 March 2006, the Management tabled a document for the Delegations' attention concerning CERN's debt to the Pension Fund. In view of the interest rates currently on the market, the Management proposes to reimburse this debt by taking out a bank loan.

  6. Period Cramps

    Science.gov (United States)

    ... Too Tall or Too Short All About Puberty Period Cramps KidsHealth > For Kids > Period Cramps Print A ... re a girl who gets them. What Are Period Cramps? Lots of girls experience cramps before or ...

  7. Why is adolescence a key period of alcohol initiation and who is prone to develop long-term problem use?: A review of current available data

    Directory of Open Access Journals (Sweden)

    Géraldine Petit

    2013-12-01

    Full Text Available Background: Early adolescence is a key developmental period for the initiation of alcohol use, and consumption among adolescents is characterized by drinking in high quantities. At the same time, adolescence is characterized by rapid biological transformations including dramatic changes in the brain, particularly in the prefrontal cortex and the mesocorticolimbic dopamine system. Methods: This article begins with an overview of the unique neural and behavioural characteristics of adolescent development that predispose these individuals to seek rewards and take risks such as initiation of drinking and high levels of alcohol intake. The authors then outline important factors associated with an increased risk for developing alcohol problems in later adolescence and young adulthood. Thereafter they address causality and the complex interplay of risk factors that lead to the development of alcohol use problems in late adolescence and young adults. Conclusions: A few recommendations for the prevention of underage drinking are presented.

  8. Physical mechanism of beam halo-chaos formation for high-current proton beam in a periodic-focusing channels and a nonlinear control strategy

    Institute of Scientific and Technical Information of China (English)

    2001-01-01

    The physical mechanism of the halo-chaos formation for a high intensity proton beam in a periodic-fo cusing channel is analyzed using the transfer mahix theory and a qualiative analysis method.Particles-in-cell simula tims are further used to explore the mechanism of the beam halo-chaos fomation, which concerns not only with thc non linear effect of the beam space charge but also with the lransverse energy exchange belween the particles and the particle core. as well as the chaos generated by the nonlinear resonance ovcrlap. A nonlinear control method is proposed for con trolling tie haho-chaos. Simulation results show lhal the melhod is efhclivc. Somc potemlial applications of the halo chaos conlrol in experimenls are discussed.

  9. Social Security Fund Ready to Enter International Market

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    Vice-Chairman of the Board of the National Social Security Fund Council. Feng Jianshen. revealed recently that. from now on. China plans to use five years or even a longer thne to make the total social security fund assets reach RMB 1 tillion and build the National Social Security Fund Council into a world first-rate old-age pension administrative agency.Feng emphasized that after three years' operation, social security fund has entered into a crucial period. The key lies in innovation, which, first of ...

  10. Financiamento, gasto público e gestão dos recursos em saúde: o cenário de um estado brasileiro Funding, public spending and management of health resources: the current situation in a Brazilian State

    Directory of Open Access Journals (Sweden)

    Valéria Rodrigues Leite

    2012-07-01

    Full Text Available O artigo aborda a temática do financiamento e o processo de descentralização tendo como objetivo examinar a composição, a direção e a gestão dos recursos na área da saúde. A amostra investigada foi constituída por 14 municípios do Estado do Rio Grande do Norte. A pesquisa envolveu coleta de dados referente às transferências, recursos próprios municipais e gastos com atenção básica. Na análise da gestão foi realizado um levantamento junto aos dirigentes locais e conselheiros. Observa-se que o financiamento do Sistema Único de Saúde se faz às expensas das transferências federais e receitas municipais, com pequena participação dos recursos estaduais. A direção dos gastos tem privilegiado a atenção básica. No processo de gestão, verifica-se centralização das ações nas prefeituras. As secretarias municipais e os conselhos cumprem em parte a legislação e apresentam dificuldades na autonomia e o controle social. Os resultados mostram que os instrumentos de planejamento e gestão são limitados em função das contradições presentes no contexto institucional, político e cultural no âmbito regional.This article investigates the issue of funding and the decentralization process in order to examine the composition, application and management of resources in the healthcare area. The sample surveyed involved 14 municipalities in the state of Rio Grande do Norte, Brazil. The research involved data gathering of financial transfers, the municipality's own resources and primary healthcare expenses. Management analysis included a survey of local managers and counselors. It was seen that the Unified Health System is funded mainly by federal transfers and municipal revenues and to a far lesser extent by state resources. Funds have been applied predominantly in primary healthcare. The management process saw centralization of actions in the city governments. Municipal secretarial offices and councils comply partially with

  11. Public Funding of Political Parties

    DEFF Research Database (Denmark)

    Ortuno-Ortin, Ignacio; Schultz, Christian

    This paper concerns public funding of parties. Parteis receive public funds depending on their vote share. Funds finance electoral campaigns. Two cases are investigated. In the first, some voters are policy motivated and some are ?impressionable? ? their vote depends directly on campaign...... expenditures. In the second, campaigning is informative and all voters are policy motivated. Public funds increase policy convergence in both cases. The effect is larger, the more funding depends on vote shares. When campaigns are informative, there may be multiple euqilibria. Intuitively, a large party can...... stay large since it receives large funds...

  12. Pension Fund award

    CERN Multimedia

    Antonella Del Rosso

    2013-01-01

    The CERN Pension Fund won the Investments & Pensions Europe (IPE) 2013 Gold Award in the Medium Real-Estate Investor category. IPE is the leading European publication on the subject of pensions. The awards were judged by a panel of 22 members, which included leading European investment consultants and pension fund executives.     Théodore Economou (left), the CERN Pension Fund’s Chief Executive Officer, receives the IPE 2013 Gold Award.   The award recognised the “fresh thinking” behind the CERN Pension Fund’s updated real-estate strategy, which has brought it “focus” on “high-quality assets and diversification.” The jury also noted the Fund’s “streamlined and cost-efficient” management, and noted that CERN is “running a tight ship”. While the awards are given by a European institution, they have a worldwide scope, and winners in ot...

  13. Kryolize - KT Fund Project

    CERN Document Server

    CERN. Geneva

    2016-01-01

    Safety standards and best practices do exist in the field of cryogenics but, as in most domains, they are generally inserted in a few ‘envelope’ cases commonly used in the industry, whereas applicability to the particularity of research facilities are not fully tailored to its needs. The main objective in these cases is to find a harmonised approach, based on lessons learnt and scientific knowledge. The Kryolize Project was created in order to produce tools with a harmonized approach to size pressure relief devices for cryogenic applications. In view of disseminating such tools to other institutes and industrial partners, the project was submitted to CERN’s KT Fund committee. This talk will focus on the process and deliverables of the KT-Funded Kryolize project, including the method on how to cope with the sizing of pressure relief devices and the R&D collaboration agreement between CERN and Karlsruhe Institute of Technology for an experimental programme.

  14. 28 CFR 70.28 - Period of availability of funds.

    Science.gov (United States)

    2010-07-01

    ... REQUIREMENTS FOR GRANTS AND AGREEMENTS (INCLUDING SUBAWARDS) WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS AND OTHER NON-PROFIT ORGANIZATIONS Post-Award Requirements Financial and Program Management §...

  15. 20 CFR 435.28 - Period of availability of funds.

    Science.gov (United States)

    2010-04-01

    ... GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, OTHER NON-PROFIT ORGANIZATIONS, AND COMMERCIAL ORGANIZATIONS Post-Award Requirements Financial and Program Management § 435.28...

  16. Trends in Current Tobacco Use, Smoking Rates and Quit Attempts among Saudi Population during Periods of 17 Years (1996-2012: Narrative Review Article.

    Directory of Open Access Journals (Sweden)

    Khalid M Almutairi

    2015-02-01

    Full Text Available In this study, we investigated the causes behind increase trends in smoking and extent of tobacco use in Saudi Arabia. We also explored the issues related to and its impact tobacco control research and policy in the Kingdom.Data were collected from various published articles, public data based such as WHO, Geneva and CDC Atlanta. Data were also obtained from surveys conducted by various institutions under The Global Youth Tobacco Survey (GYTS for high school students and Global Adult Tobacco Survey (GATS for medical student. Tobacco importation data and death rates were estimated by various International Organizations.Tobacco importation in Saudi Arabia increased from 1996 to 2012. The proportion of smokers in the KSA almost doubled especially in males from 21% in 1996 to 37% in 2012. Mortality attributable to tobacco in the KSA was estimated to account for 280, 000 premature deaths over the same period (without accounting for smuggled tobacco. The economic burden of tobacco consumption over the last 10 years (2001-2010 in the KSA was 20.5 billion US dollars (based on 2011 prices. Anti-tobacco measures in KSA have been reinforced by the enactment of anti-tobacco laws and collaboration among different government agencies and ministries.If effective tobacco control strategies are not enacted, serious consequences, increasing premature mortality rates among them, will continue to threaten the KSA.

  17. 30 CFR 887.13 - Grant period.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 3 2010-07-01 2010-07-01 false Grant period. 887.13 Section 887.13 Mineral... LAND RECLAMATION SUBSIDENCE INSURANCE PROGRAM GRANTS § 887.13 Grant period. The grant funding period... remaining at the end of any grant period to us according to 43 CFR part 12. ...

  18. Funding open access

    Science.gov (United States)

    Sprouse, Gene D.; Zimmermann, Frank

    2009-03-01

    We were happy to see the 10-year anniversary of our open-access journal Physical Review Special Topics: Accelerators and Beams (PRST-AB) mentioned in your news article on open-access publishing (December 2008 pp13-14). However, your statement that PRST-AB "is funded by US national labs, whose researchers publish about 150 papers per year in the journal" is not entirely correct.

  19. Iran funds dam completion

    Institute of Scientific and Technical Information of China (English)

    2002-01-01

    Iran has signed a contract with unnamed foreign financiers for US$300M to fund two half-finished dam schemes, according to Tehran radio. The schemes are the Ostur dam in Mianeh in East Azerbaijan province and the Molla Sadra dam in Fars province. The Ostur dam will have a storage capacity of 2B m3 and a 160 MW hydro power station.

  20. Action against terrorist funding

    OpenAIRE

    Cranston, Ross

    2002-01-01

    Editorial comment on international measures to counter terrorist funding. Short commentary by Ross Cranston QC MP, Chairman of the SLAS Export Working Group on the Legal implications of the interdiction of terrorist property. Published in Amicus Curiae - Journal of the Institute of Advanced Legal Studies and its Society for Advanced Legal Studies. The Journal is produced by the Society for Advanced Legal Studies at the Institute of Advanced Legal Studies, University of London.

  1. PENSION FUND - ELECTIONS

    CERN Multimedia

    2000-01-01

    This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund.   Candidate: Name: MAURIN First Name: Guy I have been a member of the personnel since 1967 and as early as 1972 I was involved, in my capacity as President of the Staff Association, in the improvement of the Pension Fund benefits. As for most of us the Pension Fund is the only social provident scheme to which we belong, it is important to ensure that it is well managed and in balance. As a member of the Governing Board since 1974 and Vice-Chairman of this Board since 1977, I have continued to pursue these objectives. One of the main responsibilities of the Governing Board is our asset investment policy. The Investment Committee, of which I am Chairman, must have an overall view of the management of our 4 billion Swiss francs and seek the best yield with minimum risk. The investment structure must continuously be adapted i...

  2. Current trends and outcomes of breast reconstruction following nipple-sparing mastectomy: results from a national multicentric registry with 1006 cases over a 6-year period.

    Science.gov (United States)

    Casella, Donato; Calabrese, Claudio; Orzalesi, Lorenzo; Gaggelli, Ilaria; Cecconi, Lorenzo; Santi, Caterina; Murgo, Roberto; Rinaldi, Stefano; Regolo, Lea; Amanti, Claudio; Roncella, Manuela; Serra, Margherita; Meneghini, Graziano; Bortolini, Massimiliano; Altomare, Vittorio; Cabula, Carlo; Catalano, Francesca; Cirilli, Alfredo; Caruso, Francesco; Lazzaretti, Maria Grazia; Meattini, Icro; Livi, Lorenzo; Cataliotti, Luigi; Bernini, Marco

    2017-05-01

    Reconstruction options following nipple-sparing mastectomy (NSM) are diverse and not yet investigated with level IA evidence. The analysis of surgical and oncological outcomes of NSM from the Italian National Registry shows its safety and wide acceptance both for prophylactic and therapeutic cases. A further in-depth analysis of the reconstructive approaches with their trend over time and their failures is the aim of this study. Data extraction from the National Database was performed restricting cases to the 2009-2014 period. Different reconstruction procedures were analyzed in terms of their distribution over time and with respect to specific indications. A 1-year minimum follow-up was conducted to assess reconstructive unsuccessful events. Univariate and multivariate analyses were performed to investigate the causes of both prosthetic and autologous failures. 913 patients, for a total of 1006 procedures, are included in the analysis. A prosthetic only reconstruction is accomplished in 92.2 % of cases, while pure autologous tissues are employed in 4.2 % and a hybrid (prosthetic plus autologous) in 3.6 %. Direct-to-implant (DTI) reaches 48.7 % of all reconstructions in the year 2014. Prophylactic NSMs have a DTI reconstruction in 35.6 % of cases and an autologous tissue flap in 12.9 % of cases. Failures are 2.7 % overall: 0 % in pure autologous flaps and 9.1 % in hybrid cases. Significant risk factors for failures are diabetes and the previous radiation therapy on the operated breast. Reconstruction following NSM is mostly prosthetic in Italy, with DTI gaining large acceptance over time. Failures are low and occurring in diabetic and irradiated patients at the multivariate analysis.

  3. The Ethical and Non Ethical Mutual Funds Comparison

    Directory of Open Access Journals (Sweden)

    Rosa Adamo

    2010-01-01

    Full Text Available Problem statement: One of the astonishing new developments in the financial community is the rise of ethical investments during the last decade. Particularly, the recent financial crisis has determined a major attention towards an ethically oriented finance based on social investments and environmental benefits that can create greater corporate crisis prevention. Because of the sheer size and importance of the ethical mutual funds, we thought to compare the ethical and non ethical mutual funds. Approach: The aim of this study was to describe the ethical and non ethical mutual funds under Italian and foreign law highlighting how some factors, such as performance, typology (equity, balanced, fixed income, geographic location, management fees, characterize these funds in different way. Results: The analysis has been carried out collecting a data set of 219 mutual funds published on www.morningstar.com. The data set is subdivided in 109 ethical mutual funds and 110 non ethical mutual funds. The study uses a multi-disciplinary approach and it is led by a Multiple Correspondence Analysis (MCA which puts in evidence the principal characteristics of the mutual funds by their projection on a factorial plane. Later the multivariate analysis carries out typologies of mutual funds clusters with particular characteristics by a Cluster Analysis. The study confirmed the existence of different characteristics with reference to the ethical and non ethical mutual funds. Particularly, it puts in evidence three groups of funds which are inside homogeneous but heterogeneous between them by the characteristics considered. The first groups, defined “negative ethical performance”, is composed of 152 funds. The second groups, named “positive non ethical performance”, is characterized by non ethical fund (50.23% of them is present in this group. The third cluster is called “young funds” and it is composed of funds born in the period 2005

  4. Namibia - Vocational Training Grant Fund

    Data.gov (United States)

    Millennium Challenge Corporation — The impact evaluation of the Vocational Training Grant Fund (VTGF) subactivity in Namibia uses a random assignment design to determine the effects of VTGF-funded...

  5. Funding Opportunity: Genomic Data Centers

    Science.gov (United States)

    Funding Opportunity CCG, Funding Opportunity Center for Cancer Genomics, CCG, Center for Cancer Genomics, CCG RFA, Center for cancer genomics rfa, genomic data analysis network, genomic data analysis network centers,

  6. Annual Report to the Bonneville Power Administration, Reporting Period: April 2008 - February 2009 [re: "Survival and Growth in the Columbia River Plume and north California Current"].

    Energy Technology Data Exchange (ETDEWEB)

    Northwest Fisheries Science Center, NOAA Fisheries; Cooperative Institute for Marine Resources Studies, Oregon State University; OGI School of Science & Engineering, Oregon Health Sciences University.

    2009-07-17

    We have made substantial progress toward our objectives outlined in our BPA supported proposal entitled 'Columbia River Basin Juvenile Salmonids: Survival and Growth in the Columbia River Plume and northern California Current' which we report on herein. During 2008, we were able to successfully conduct 3 mesoscale cruises. We also were able to conduct 7 biweekly predator cruises, along with substantial shore-based visual observations of seabirds. Detailed results of the mesoscale cruises are available in the Cruise Reports and summarized in the next section. We have taken a proactive approach to getting the results of our research to fisheries managers and the general public. We have begun to make annual predictions based on ocean conditions of the relative survival of juvenile coho and Chinook salmon well before they return as adults. This is based on both biological and physical indicators that we measure during our surveys or collect from outside data sources. Examples of our predictions for 2009 and 2010 are available on the following web site: http://www.nwfsc.noaa.gov/research/divisions/fed/oeip/a-ecinhome.cfm.

  7. A three-phase model proposal for the evolution of scientific communication: from first print periodicals to current electronic communication system

    Directory of Open Access Journals (Sweden)

    Patrícia Bertin

    Full Text Available Scientific communication has undergone deep transformations, since the emergence of Internet. Aiming to provide further thought on the evolution of scientific communication, this paper features a historical overview of the scientific communication advances over the last twenty years through a three-phase model for the evolution of the electronic journal and the preprints services, and presents Brazilian contemporary panorama for scientific communication. The three-phase model presented in this work is an adaptation of that one proposed by Tenopir et al. (2003 to describe the patterns of journal use by scientists since 1990. The early evolutionary phase followed the emergence of the first digital journals and the creation of repositories in the Web for publishing preliminary versions of scientific literature on the author’s initiative; by that time, most academics reproved electronic publishing initiatives. From 1996 and forward, in the consolidation phase, electronic journals were commonly identical to their print counterparts; the acceptance of the electronic format began to increase, and preprint services got underway in several disciplines. The advanced evolutionary phase started with the world discussion on open access to scientific information. The comparison of the current electronic journal with that viewed by enthusiasts in the first years of the 1990s shows that some aspects still remain to be improved in electronic formal and informal communication, towards effective dissemination of scientific information.

  8. Sovereign Wealth Funds – the New Challenge for Corporate Governance

    OpenAIRE

    2010-01-01

    The article discusses Sovereign Wealth Funds with reference do the process of corporate governance. In the first part the paper presents the rise, growth and current investment activity of those funds. In the second section the author consider reasons for implementation of corporate governance best practices. The last part of the paper compares Santiago Principles with OECD principles of corporate governance.

  9. Sovereign Wealth Funds – the New Challenge for Corporate Governance

    Directory of Open Access Journals (Sweden)

    Dariusz Urban

    2010-10-01

    Full Text Available The article discusses Sovereign Wealth Funds with reference do the process of corporate governance. In the first part the paper presents the rise, growth and current investment activity of those funds. In the second section the author consider reasons for implementation of corporate governance best practices. The last part of the paper compares Santiago Principles with OECD principles of corporate governance.

  10. 18 CFR 367.1350 - Account 135, Working funds.

    Science.gov (United States)

    2010-04-01

    ... ACT Balance Sheet Chart of Accounts Current and Accrued Assets § 367.1350 Account 135, Working funds... funds. 367.1350 Section 367.1350 Conservation of Power and Water Resources FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY REGULATIONS UNDER THE PUBLIC UTILITY HOLDING COMPANY ACT OF 2005,...

  11. RATIO ANALYSIS OF ACTUAL BUSINESS PERFORMANCE OF OPEN INVESTMENT FUNDS IN SERBIA

    Directory of Open Access Journals (Sweden)

    Lidija Barjaktarović

    2013-05-01

    Full Text Available The subject of this paper is to analyze the performance of open investment funds in Serbia in the period of 2007 to 2013. By applying Jensen's alpha, Sharper and Sortino ratio it was found that theperformances of domestic investment funds are unsatisfactory. Review of investment funds operations is based on the returns they bring and the risks they accept in the business. In Serbia, the equity funds, as the most risky funds, started to operate in 2007, while cash funds (as the least risky funds were introduced in later phase after 3 years. At the moment there are 16 open investment funds (on 02/28/13, where value growth and value maintenance funds dominate. A total net asset of open investment funds is 2,324 million Dinars i.e. 20 million Euros (at the end of 2012.

  12. Property fund flows and returns

    OpenAIRE

    Stephen L. Lee

    2000-01-01

    This study is concerned with the impacts on property returns from property fund flows, and with the possibility of a reverse transmission from property fund flows to property returns. In other words this study investigates whether property returns “cause” fund flow changes, or whether fund flow changes “cause” property returns, or causality works in both directions.\\ud \\ud \\ud \\ud

  13. Market Liquidity and Funding Liquidity

    OpenAIRE

    Brunnermeier, Markus K; Lasse Heje Pedersen

    2007-01-01

    We provide a model that links an asset's market liquidity - i.e., the ease with which it is traded - and traders' funding liquidity - i.e., the ease with which they can obtain funding. Traders provide market liquidity, and their ability to do so depends on their availability of funding. Conversely, traders' funding, i.e., their capital and the margins they are charged, depend on the assets' market liquidity. We show that, under certain conditions, margins are destabilizing and market liquidit...

  14. Market Liquidity and Funding Liquidity

    OpenAIRE

    Markus K. Brunnermeier; Lasse Heje Pedersen

    2007-01-01

    We provide a model that links an asset's market liquidity - i.e., the ease with which it is traded - and traders' funding liquidity - i.e., the ease with which they can obtain funding. Traders provide market liquidity, and their ability to do so depends on their availability of funding. Conversely, traders' funding, i.e., their capital and the margins they are charged, depend on the assets' market liquidity. We show that, under certain conditions, margins are destabilizing and market liquidit...

  15. Property fund flows and returns

    OpenAIRE

    Lee, Stephen L.

    2000-01-01

    This study is concerned with the impacts on property returns from property fund flows, and with the possibility of a reverse transmission from property fund flows to property returns. In other words this study investigates whether property returns “cause” fund flow changes, or whether fund flow changes “cause” property returns, or causality works in both directions.\\ud \\ud \\ud \\ud

  16. Expectations, open market operations, and changes in the federal funds rate / Commentary

    National Research Council Canada - National Science Library

    John B Taylor; Athanasios Orphanides

    2001-01-01

    ... (2000) to explain the demand for Fed balances. The model shows how changes in the target for the federal funds rate can sometimes affect the actual funds rate even without any current open market operations...

  17. The Pension Fund passes important milestones

    CERN Multimedia

    2012-01-01

    In this column, the Chairman of the Pension Fund Governing Board (PFGB) presents the Board's latest main decisions, initiatives and accomplishments to the Fund's members and beneficiaries.   Since my last report in October, the PFGB has passed several milestones in actuarial, technical and investment matters. The PFGB has completed an analysis of a request by the European Organisation for Astronomical Research in the Southern Hemisphere (ESO) to reduce the increased cost of pension insurance for new ESO recruits that has been caused by the increased CHF/€ exchange ratio. Currently the staff of ESO are admitted to the CERN Pension Fund, pursuant to a co-operation agreement between CERN and ESO dating back to 1968. This analysis assessed the actuarial, financial, administrative and legal implications, and is scheduled to be presented to the CERN Council and the Finance Committee in December. After an open tendering process the PFGB has selected Buck Consultants Limited...

  18. The Funding of Public Service Media

    DEFF Research Database (Denmark)

    Lowe, Gregory F.; Berg, Christian E.

    2013-01-01

    the complexion of media systems in the 21st century as a consequence of greater instability and higher uncertainty. A model describes 4 modes of funding for media and assesses operational implications for each. This work elaborates on earlier research questioning the premise that big, rich countries are suitable...... funding public broadcasting is not only about funding; it is about wider issues only partly rooted in the current economic malaise. An underlying dynamic is keyed to the digitalization of the media system at large, co-related with growing complexity in media competition, fuelling debate over......, for consideration of implications in how media are understood and organized and the purposes for which media are mandated...

  19. A New Source of Nonprofit Neurosurgical Funding.

    Science.gov (United States)

    Fernando, Amali M; Nicholas, Joyce S; O'Brien, Peter; Shabani, Hamisi; Janabi, Mohamed; Kisenge, Peter; Ellegala, Dilantha B; Bass, R Daniel

    2017-02-01

    The purpose of this paper is to propose and qualify a novel funding mechanism for international neurosurgical nonprofits. The article first identifies and explains neurosurgeons' means for practicing in the developing world through a literature review. After this examination of the current funding methods for surgical care in low-income regions, the work transitions to an explanation of the applications and limitations of a new resource: the internal wealth of a developing country. This wealth may be leveraged by way of a for-profit hospital to create sustainable and domestic funding for nonprofit neurosurgical training. The applicability of the proposed mechanism extends beyond the field of neurosurgery to nonprofits in any health-related discipline. Factors influencing the viability of this mechanism (including local disease burden, economic trajectory, and political stability) are examined to create a baseline set of conditions for success.

  20. Bitter Sweetness For Fund Managers

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    An influx of small investors eager to earn money puts heavy pressure on fund managers Fund managers control millions in capital and call the shots in the stock market. They can make a fortune from a single judgment. The debut of fund management operation

  1. Governing Board of the Pension Fund

    CERN Multimedia

    2005-01-01

    The Governing Board of the Pension Fund held its one-hundred-and-thirty-second and one-hundred-and-thirty-third meetings on 16 February and 10 March respectively. The first of these meetings was primarily devoted to the further examination of the proposed measures to reduce the Fund's technical deficit. The Governing Board underlined that it was equally determined to find solutions to the structural problems that had an impact on the Fund's technical deficit. A statement to that effect was to be made by the Chairman of the Governing Board, J. Bezemer, at the March session of the CERN Council. Indeed, it would appear that in the light of the new actuarial parameters, in particular the technical interest rate of 4.5%, it is first necessary to stabilise the current funding ratio of 88%, which will fall to 61% in 30 years' time if no action is taken. In an initial stage, corrective measures must therefore be taken in order to prevent a further fall in the funding ratio. Subsequently, the objective will be to re...

  2. Governing Board of the Pension Fund

    CERN Multimedia

    2005-01-01

    The Governing Board of the Pension Fund held its one-hundred-and-thirty-second and one-hundred-and-thirty-third meetings on 16 February and 10 March respectively. The first of these meetings was primarily devoted to the further examination of the proposed measures to reduce the Fund's technical deficit. The Governing Board underlined that it was equally determined to find solutions to the structural problems that had an impact on the Fund's technical deficit. A statement to that effect was to be made by the Chairman of the Governing Board, J. Bezemer, at the March session of the CERN Council. Indeed, it would appear that in the light of the new actuarial parameters, in particular the technical interest rate of 4.5%, it is first necessary to stabilise the current funding ratio of 88%, which will fall to 61% in 30 years' time if no action is taken. In an initial stage, corrective measures must therefore be taken in order to prevent a further fall in the funding ratio. Subsequently, the objective will be to re...

  3. 32 CFR 37.880 - What requirements must I include for periodic reports on program and business status?

    Science.gov (United States)

    2010-07-01

    ... address progress toward achieving program performance goals, including current issues, problems, or... provide summarized details on the status of resources (federal funds and non-federal cost sharing), including an accounting of expenditures for the period covered by the report. The report should compare...

  4. Performance Persistence of Equity Funds in Hungary

    Directory of Open Access Journals (Sweden)

    Dariusz Filip

    2011-03-01

    Full Text Available This study examines the phenomenon of performance persistence of equity funds in Hungary in two time perspectives: 1-year and 6-month perspectives. The empirical results confirm the occurrence of performance dependence in consecutive periods. There is also a strong evidence of short-term persistence in the total horizon of the study (from the beginning of 2000 to the end of 2009, and in several sub-periods. The 1-year persistence was also found in the tested sample and, in general, depended on the measure applied. Furthermore, I observed performance reversal, which can be partly explained by trend changes in the financial markets. The persistence of equity funds performance in Hungary is shaped by market factors rather than the diversity of managerial characteristics.

  5. Public Funding of Political Parties

    DEFF Research Database (Denmark)

    Ortuno-Ortin, Ignacio; Schultz, Christian

    expenditures. In the second, campaigning is informative and all voters are policy motivated. Public funds increase policy convergence in both cases. The effect is larger, the more funding depends on vote shares. When campaigns are informative, there may be multiple euqilibria. Intuitively, a large party can......This paper concerns public funding of parties. Parteis receive public funds depending on their vote share. Funds finance electoral campaigns. Two cases are investigated. In the first, some voters are policy motivated and some are ?impressionable? ? their vote depends directly on campaign...

  6. Should Public Pensions be Funded?

    OpenAIRE

    Richard Hemming

    1998-01-01

    This paper outlines some of the arguments for and against the funding of public pensions, with a view to establishing whether there is an economic basis for judging funding to be superior to pay-as-you-go (PAYG). It is argued that funding does not have a clear advantage, and the case for a shift from PAYG to funding is thus an uneasy one. There is nonetheless growing advocacy of funded public pensions as part of an ideal pension system, which raises more general issues about the role of the p...

  7. Fiscal Law, Incremental Funding, and Conditional Contracts.

    Science.gov (United States)

    1985-01-22

    Contract Mgt. J. 71, 76 (1975); Whelan and Dunigan, Government Contracts:_Apparent Authority and Estoppel , 55 Geo. L. J. 830, 840-843 (1967); Frazier...obligation -- either fiscal or promissory -- arises under the contract until these events occur. However, if there is any possibility that the...held that any contract using annual funds that involved the government in "any type of obligation whether fiscal or promissory beyond the period of

  8. Stock investment funds in Brazil: performance and management expertise

    Directory of Open Access Journals (Sweden)

    Paulo Rogério Faustino Matos

    2012-01-01

    Full Text Available This article analyzes the stock investment fund market in Brazil and proposes dynamic rankings constructed from different risk-return metrics, during the period from 1998 to 2009. We find an uncommon level of persistence, mainly among the best performing funds, due to the expertise of the managers. The quadrimestral rebalancing of the portfolios based on these rankings permits inferring that in scenarios characterized as economic booms or recovery of financial markets, the strategies with equal participation in winner funds provides significantly higher average monthly gains, reduction of risk associated with diversification and consequently enhanced performance in relation to market or sector benchmarks. This evidence is robust to the use of different performance metrics for fund selection, indicating that active investors in winning funds demand good performance not only in terms of the Sharpe ratio, but also with respect to other metrics, such as the Treynor, Calmar and Sortino ratios. In these optimistic scenarios, only the industrial sector index (INDX provided returns compatible with those of these fund’s portfolios. However, during periods of crisis, no strategy involving the funds managed to provide hedge levels characteristic of the electric energy sector index (IEE, so it can be said that the majority of investing strategies are dominated in gain-risk criteria by sector or market indexes, with the exception of value-weighted portfolios composed of losing funds, a signal that the usual passive investors in large funds indexed to the Ibovespa can be presenting a greater level of inertia.

  9. 抗战时期广东侨资垦殖与粤北山区的开发研究%Study on the Reclamation Funded by the Overseas Chinese Donation during the Anti-Japanese War Period and the Development of Northern Guangdong

    Institute of Scientific and Technical Information of China (English)

    肖仁龙

    2012-01-01

    For resolving, more and more serious grain and refugees problems, Guangdong Republican Government established the reclamation funded by the overseas Chinese donation during the anti-Japanese war period. Three reclamation areas and one forest farm were established emphatically in the mountainous areas of Northern Guangdong, and gained commendable achievements in wasteland reclamation, infrastructure, water conservancies construction, farmers' management and education,etc. . That has a positive impact for the local development.%抗战时期,广东省政府为解决日益严重的粮食问题和难民问题,利用华侨捐款,重点在粤北山区设立了3个垦殖区和1个林场.这些垦区在荒地开垦、基础建设、水利兴修、垦民管理和教育等方面取得了很大成就,对当地的开发产生了积极影响.

  10. Perspective: Biotech funding trends: Insights from entrepreneurs and investors.

    Science.gov (United States)

    Gruber, Alexandra C

    2009-08-01

    Based on a qualitative study analyzing a series of interviews with dedicated biotech entrepreneurs and high-level investors, "Biotech Funding Trends" provides a comprehensive overview of current trends in biotech funding by taking a close look behind the scenes of the biotech industry. In particular, it illustrates the tensions between both key players based on their different backgrounds and expectations. Here we outline the various funding opportunities for the biotech industry in Europe and identify ways for both sides, entrepreneurs and investors to overcome their prejudices to successfully thrive in a competitive environment. The results are also discussed in the light of the current financial and economic crisis.

  11. 对我国评刊体系相关问题的分析--形成我国评刊体系的社会环境%Analyze the Problems Existing in the Current Periodical Evaluation System in Our Country---Formation periodical evaluation system of our country social environment

    Institute of Scientific and Technical Information of China (English)

    李海昕

    2015-01-01

    To examine the existing scientific and technological periodical evaluation system in China and call for a rational evaluation system.By re‐viewing the development and research environment of scientific and technological periodicals in our country ,to introduce several mature academic factions rising in the international intelligence community ,also to find media theory influence on periodical evaluation and analyze the problems ex‐isting in the current periodical evaluation system in our country.FindingsEvaluation of scientific and technological periodicals in our country are in‐fluenced by international evaluation system ,currently dominated by impact factor of all kinds of periodical evaluation system. With the external in‐dex as a measure of parameters of the periodicals ,it has become a monopoly method for the evaluation on periodical market in our country. The use value of academic journal is different from that of market‐oriented journals such as traveling or shopping guide etc.. Its value lies in its long‐term fundamental role and serves for the innovation of scientific technology inventions. Therefore it is not right to use nearsighted market perspective to view the value of the academic science and technology periodical.%审视我国现有科技期刊评价体系,呼吁理性评刊系统。通过梳理我国科技期刊发展、研究环境;介绍国际情报学界兴起的几个成熟的学术派别,挖掘传媒理论对期刊评价的影响,分析我国现行期刊评价体系存在的问题。发现我国科技期刊受国际评刊体系影响,当前以“影响因子”为主导的各种期刊评价体系,用期刊的外部指标作为衡量的参数,已经垄断了我国的评刊市场的垄断评刊方法。认为学术期刊的使用价值不同于旅游、导购等市场性期刊,其价值在于其长远的根本性作用,服务于创新技术科学的发明,因此不应用近视的市场眼光来看待

  12. Risk analytics for hedge funds

    Science.gov (United States)

    Pareek, Ankur

    2005-05-01

    The rapid growth of the hedge fund industry presents significant business opportunity for the institutional investors particularly in the form of portfolio diversification. To facilitate this, there is a need to develop a new set of risk analytics for investments consisting of hedge funds, with the ultimate aim to create transparency in risk measurement without compromising the proprietary investment strategies of hedge funds. As well documented in the literature, use of dynamic options like strategies by most of the hedge funds make their returns highly non-normal with fat tails and high kurtosis, thus rendering Value at Risk (VaR) and other mean-variance analysis methods unsuitable for hedge fund risk quantification. This paper looks at some unique concerns for hedge fund risk management and will particularly concentrate on two approaches from physical world to model the non-linearities and dynamic correlations in hedge fund portfolio returns: Self Organizing Criticality (SOC) and Random Matrix Theory (RMT).Random Matrix Theory analyzes correlation matrix between different hedge fund styles and filters random noise from genuine correlations arising from interactions within the system. As seen in the results of portfolio risk analysis, it leads to a better portfolio risk forecastability and thus to optimum allocation of resources to different hedge fund styles. The results also prove the efficacy of self-organized criticality and implied portfolio correlation as a tool for risk management and style selection for portfolios of hedge funds, being particularly effective during non-linear market crashes.

  13. Physics Education Research funding census

    Science.gov (United States)

    Henderson, Charles; Barthelemy, Ramón; Finkelstein, Noah; Mestre, Jose

    2012-02-01

    It is important for a research community, such as Physics Education Research (PER), to understand how much funding it receives and where this funding comes from. During spring 2011, US-based members of the PER community were asked to respond to a web survey to identify funding that supports their research. Results indicate that the total funding base for PER from 2006-2010 (inclusive) is at least 262 grants worth a total of 72.5M. Most (75%) of the funding for PER comes from the National Science Foundation (NSF) and most of the NSF funding is through the NSF Directorate for Education and Human Resources. Very little PER work is funded through the Education and Interdisciplinary Research (EIR) Program that is housed within the NSF Division of Physics, nor is there significant funding from the US Department of Education. Although funding supports work at all levels of physics instruction, by far the largest amount of funding goes to support work at the introductory undergraduate level.

  14. Measuring Diversity of the National Institutes of Health-Funded Workforce.

    Science.gov (United States)

    Heggeness, Misty L; Evans, Lisa; Pohlhaus, Jennifer Reineke; Mills, Sherry L

    2016-08-01

    To measure diversity within the National Institutes of Health (NIH)-funded workforce. The authors use a relevant labor market perspective to more directly understand what the NIH can influence in terms of enhancing diversity through NIH policies. Using the relevant labor market (defined as persons with advanced degrees working as biomedical scientists in the United States) as the conceptual framework, and informed by accepted economic principles, the authors used the American Community Survey and NIH administrative data to calculate representation ratios of the NIH-funded biomedical workforce from 2008 to 2012 by race, ethnicity, sex, and citizenship status, and compared this against the pool of characteristic individuals in the potential labor market. In general, the U.S. population during this time period was an inaccurate comparison group for measuring diversity of the NIH-funded scientific workforce. Measuring accurately, we found the representation of women and traditionally underrepresented groups in NIH-supported postdoc fellowships and traineeships and mentored career development programs was greater than their representation in the relevant labor market. The same analysis found these demographic groups are less represented in the NIH-funded independent investigator pool. Although these findings provided a picture of the current NIH-funded workforce and a foundation for understanding the federal role in developing, maintaining, and renewing diverse scientific human resources, further study is needed to identify whether junior- and early-stage investigators who are part of more diverse cohorts will naturally transition into independent NIH-funded investigators, or whether they will leave the workforce before achieving independent researcher status.

  15. Selected Current Acquisitions and Articles from Periodicals

    Science.gov (United States)

    1994-06-01

    ROOSEVELT FAMILY. Collier, Peter. The Roosevelts : an American saga . New York Simon & Schuster, c1994. E747 .C66 1994 RULE OF THE ROAD AT SEA. Smith...A World Without Hegemony. Pakistan Horizon 46:9-16 Jul-Oct 󈨡. Holmes, Kim R. The New Twilight Struggle: Freedom and Power in the Post-Cold War Era...New World Order: The Clinton Administration and Foreign Policy in 1993. International Relations 12:109-127 Apr 󈨢. Holmes, Kim R. The New Twilight

  16. In Search of the Optimal Fund of Hedge Funds

    OpenAIRE

    Harry M. Kat

    2002-01-01

    In this paper we investigate whether it is possible for a fund of hedge funds to not only offer investors access to a diversified basket of hedge funds but to provide skewness protection at the same time. We study two different strategies. The first is for a fund to buy stock index puts and leverage itself, in line with the skewness reduction strategy proposed earlier in Kat (2002). In general, the latter strategy is too dependent on the actual asset allocation strategy followed by investors ...

  17. Fund Raising for Haiti

    CERN Multimedia

    Association du personnel

    2010-01-01

    Dear Colleagues, Following the devastating earthquake that hit Haiti on 12 January 2010, the CERN Management and the Staff Association are organizing a collection to help the victims. The money collected will be transferred to associations or bodies guaranteeing proper use of the funds, such as the Association Haïti Ecoles based in Cessy, which our Long Term Collections supported for several years. From today you can pay your donations into a special UBS account, indicating “Séisme Haïti” as the reason for payment . SWIFT : UBSWCHZH12B IBAN : CH85 0027 9279 HU10 6832 1 Account Holder : Association du personnel du CERN We are counting on the generosity of the CERN community to support the Haitian people at this very difficult time. Thank you on their behalf. Rolf Heuer Director-General Gianni Deroma President of the Staff Association

  18. Periodic paralysis.

    Science.gov (United States)

    Fontaine, Bertrand

    2008-01-01

    Periodic paralyses are rare diseases characterized by severe episodes of muscle weakness concomitant to variations in blood potassium levels. It is thus usual to differentiate hypokalemic, normokalemic, and hyperkalemic periodic paralysis. Except for thyrotoxic hypokalemic periodic paralysis and periodic paralyses secondary to permanent changes of blood potassium levels, all of these diseases are of genetic origin, transmitted with an autosomal-dominant mode of inheritance. Periodic paralyses are channelopathies, that is, diseases caused by mutations in genes encoding ion channels. The culprit genes encode for potassium, calcium, and sodium channels. Mutations of the potassium and calcium channel genes cause periodic paralysis of the same type (Andersen-Tawil syndrome or hypokalemic periodic paralysis). In contrast, distinct mutations in the muscle sodium channel gene are responsible for all different types of periodic paralyses (hyper-, normo-, and hypokalemic). The physiological consequences of the mutations have been studied by patch-clamp techniques and electromyography (EMG). Globally speaking, ion channel mutations modify the cycle of muscle membrane excitability which results in a loss of function (paralysis). Clinical physiological studies using EMG have shown a good correlation between symptoms and EMG parameters, enabling the description of patterns that greatly enhance molecular diagnosis accuracy. The understanding of the genetics and pathophysiology of periodic paralysis has contributed to refine and rationalize therapeutic intervention and will be without doubts the basis of further advances.

  19. Publicly funded medical savings accounts: expenditure and distributional impacts in Ontario, Canada.

    Science.gov (United States)

    Hurley, Jeremiah; Guindon, G Emmanuel; Rynard, Vicki; Morgan, Steve

    2008-10-01

    This paper presents the findings from simulations of the introduction of publicly funded medical savings accounts (MSAs) in the province of Ontario, Canada. The analysis exploits a unique data set linking population-based health survey information with individual-level information on all physician services and hospital services utilization over a four-year period. The analysis provides greater detail along three dimensions than have previous analyses: (1) the distributional impacts of publicly funded MSAs across individuals of differing health statuses, incomes, ages, and current expenditures; (2) the impact of differing degrees of risk adjustment for MSA contributions; and (3) the impact of MSA funding over multiple years, incorporating year-to-year variation in spending at the individual level. In addition, it analyses more plausible designs for publicly funded MSAs than the existing studies. Government uses information available from year t - 1 to allocate its budget for year t in a manner that is ex ante fiscally neutral for the public sector: the government first withholds funds equal to expected catastrophic insurance payments under the MSA plan, and then allocates only the balance to individual MSA accounts. The government captures the savings associated with reduced health-care utilization under MSAs and we examine deductibles that vary by income rather than by current health-care expenditures. The impacts on public expenditures under these designs are more modest than in the previous studies and under plausible assumptions MSAs are predicted to decrease public expenditures. MSAs, however, are also predicted to have unavoidable negative distributional consequences with respect to both public expenditures and out-of-pocket spending.

  20. Latent Period of Relaxation.

    Science.gov (United States)

    Kobayashi, M; Irisawa, H

    1961-10-27

    The latent period of relaxation of molluscan myocardium due to anodal current is much longer than that of contraction. Although the rate and the grade of relaxation are intimately related to both the stimulus condition and the muscle tension, the latent period of relaxation remains constant, except when the temperature of the bathing fluid is changed.

  1. Writing proposals for research funds.

    Science.gov (United States)

    Singh, Mina D; Cameron, Cherylyn; Duff, Diane

    2005-03-01

    In this paper, we provide generic guidelines for writing proposals for research funds. These guidelines apply to quantitative, qualitative and mixed methods research proposals. A proposal for research funding provides an overview of the planned research and is required by funding agencies. The proposal is submitted for evaluation and ranking by a review committee according to the criteria put forth by that particular agency. It may be necessary to submit proposals to more than one agency to acquire sufficient operating and infrastructure funding for a research project.

  2. Vulnerability of pension fund balances

    Directory of Open Access Journals (Sweden)

    Ólafur Ísleifsson

    2012-12-01

    Full Text Available Although the Icelandic general labour market pension funds are built on the proviso that pension schemes are fully funded these funds are still grappling with the devastating financial effects of the 2008 economic collapse that rendered most of them in a significant actuarial deficit. The public sector pension funds are based on an employer guarantee that makes up for any lack of funding that historically has been quite significant. We identify the relatively high actuarial discount rate and increasing longevity as two factors that add to the vulnerability of the Icelandic pension system. We present a stochastic model in order to obtain reasonably sound estimates of the effect of revising such key parameters of the actuarial assessments of the pension funds and thus obtain a view of the viability of the Icelandic pension system when confronted with the potential necessity of such parameter shifts. We present results of stochastic simulations of this models made to assess effects of changes in these major financial and demographic assumptions in actuarial evaluations of pension fund balances. Our results suggest that the Icelandic pension funds may be significantly less well funded than is generally perceived.

  3. Trends and Milestones: Leveraging Federal Funding in the States To Address Olmstead [and] Growing Waiting Lists.

    Science.gov (United States)

    Hemp, Richard; Parish, Susan; Braddock, David, Ed.; Smith, Gary, Ed.

    2001-01-01

    This article discusses using existing state resources not currently used for matching purposes to leverage additional federal Medicaid funding for community services and supports for persons with mental retardation. A table is provided that lists state funds potentially available to match additional federal Medicaid funding. (Contains six…

  4. Financing Higher Education in South Africa: Public Funding, Non-Government Revenue and Tuition Fees

    Science.gov (United States)

    Wangenge-Ouma, G.; Cloete, N.

    2008-01-01

    The funding of public higher education is currently a moot issue in South Africa. Public funding has been declining and opportunities for winning non-government revenue remain limited. The frequent raising of tuition fees, which is one of the main strategies public universities have resorted to mitigate declining state funding is not without…

  5. Socially Responsible Investment Funds : A review of research priorities and strategic options

    NARCIS (Netherlands)

    Groot, de M.; Nijhof, A.H.J.

    2015-01-01

    This is the first literature review on Socially Responsible Investment (SRI) funds. Although SRI funds flourish, we know very little about these investment vehicles. This article reviews academic literature on SRI funds published during the past 25 years. It discusses the current state of theoretica

  6. Governing Board of the Pension Fund

    CERN Multimedia

    HR Department

    2008-01-01

    The Governing Board of the Pension Fund (PFGB) held its third meeting in its new composition on 18 February 2008. At this meeting, the PFGB decided to submit to CERN’s governing bodies the actuarial review as at 1st January 2007, together with an explanatory note relating, in particular, to the trends since the previous review and the recommendations. In the latter regard, the PFGB decided to support the actuary’s recommendation to increase contributions by 0.76% in order to maintain, at the end of the 30-year projection period, the same funding ratio as at the beginning of the period, in accordance with a decision taken by the CERN Council in 2002. In its explanatory note, the PFGB also made it clear to the governing bodies that it considers a comprehensive revision of the approach used for actuarial reviews to be essential in the context of the review of the Fund’s funding policy and principles. In particular, the PFGB advocated the creation of an asset fluctuation r...

  7. INVESTMENT FUNDS INDUSTRY IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Adela Ionescu

    2013-11-01

    Full Text Available Capital market offers those who study it and those who use it as traders or as investors, a feature similar to a paradox. Her specific routine operations are regulated to the level of detail bylaws, instructions, procedures or measures layouts while decisions on investments in securities and portfolio restructuring are taken under perpetual uncertainty. This has a twofold explanation, an objective one and a subjective one.Future prices, as well as successive conditions of stock exchange not necessarily flow from the past, thus one cannot predict their level and over them is hanging the conviction that any selected alternative action is probably the best without having any certainty that that is really correct and rational in an absolute mode.Even if the evaluation of factors influencing prices is a questionable one, there is the likelihood of good choices when doing a basic operation-selling or buying. Factors identified, evaluated and ranked may change in the next period their force of action or even the market structure so that exchange activity is at least difficult to determine.In this category is included the mutual fund industry, whose evolution in Romania was not without risk and has had a tortuous circuit thanks to immature capital markets and market actors but especially due to the permissive legislation during the start phase. A certain progress was recorded in the last 10 years,although the financial crisis made its mark on the capital market and revealed the negative impact of systemic risks.

  8. KT Fund: Five years of funding for impact

    CERN Multimedia

    CERN Bulletin

    2015-01-01

    Cryogenic safety, ion beam therapy, event management for communities, emergency lighting… this year’s applications for funding through the Knowledge Transfer Fund demonstrate the breadth of possible applications of CERN technology beyond high-energy physics.     The use of high index glass spherical targets as retroreflectors for a 3D interferometer is the subject of one of the 2015 KT Fund Projects.   Following the 2015 selection committee held in January, the KT Fund has funded a total of seven new projects that aim to further develop CERN technologies to a level where they can be transferred and subsequently make a positive impact on society. “CERN’s ambitious scientific programme requires state-of-the-art technologies that are not always directly reusable by society because they were not designed with this purpose in mind,” explains David Mazur, Section Leader of the IP Dissemination Section. “Since 2011, the KT...

  9. Irregular Periods

    Science.gov (United States)

    ... blood become too low or too high. Some women have irregular periods because their bodies produce too much androgen, which is a hormone that causes increased muscle mass, facial hair, and deepening of the voice in males and ...

  10. Period Pain

    Science.gov (United States)

    ... You may also have other symptoms, such as lower back pain, nausea, diarrhea, and headaches. Period pain is not ... Taking a hot bath Doing relaxation techniques, including yoga and meditation You might also try taking over- ...

  11. Opportunities for Funding at NSF

    Science.gov (United States)

    Kafafi, Zakya H.

    2009-03-01

    Materials science, inter- and multi-disciplinary in nature, provides the bridge to many areas of fundamental and applied sciences such as biology, chemistry, physics, mathematics, computer sciences, and engineering. Strong links that may exist between materials science and other disciplines, such as biology or chemistry or physics, very often lead to novel applications and enable technologies of great benefit to our society. The Division of Materials Research (DMR) invested 274.0 M in FY 2008 and is estimated to invest 324.6 M in FY 2009 funding research and education as well as enabling tools & instrumentation for individual investigators, groups, centers, and national facilities. DMR programs cover a wide spectrum of materials research and education ranging from condensed matter and materials physics, solid-state and materials chemistry, multifunctional, hybrid, electronic, photonic, metallic, ceramic, polymeric, bio-materials, composites and nanostructures to list a few. New modes of funding, research opportunities and directions, such as the recent SOLAR solicitation, will be described. This Solar Energy Initiative launched jointly by three divisions, namely Chemistry, Materials Research and Mathematical Science is aimed at supporting truly interdisciplinary efforts that address the scientific challenges of highly efficient harvesting, conversion, and storage of solar energy. The goal of this new program is to create a new modality of linking the mathematical with the chemical and materials sciences to develop transformative paradigms based on the integrated expertise and synergy from three disciplinary communities. DMR is also seeking new ways to transform materials science and education, and make it more attractive as a career for bright, young women & men. A description will be given of several workshops held this year and planned for next year with this purpose in mind. Outreach programs that emphasize how the innovations resulting from materials research

  12. The Determinants of Cash Flows in Greek Bond Mutual Funds

    Directory of Open Access Journals (Sweden)

    Christos Grose

    2011-03-01

    Full Text Available This paper examines the factors that affect inflows – outflows of capital in bond mutual funds that operated in the Greek market during the period 1997-2005. Investors in bond mutual funds do not seek for high gross returns in order to determine their investment decisions incontrast with investors in the stock market. The risk weighted returns however represent a crucial factor in investment decision making. Bond mutual funds that invest primarily in government bonds, appear to be more affected by commissions charged by mutual fundmanagers, since investors avoid mutual funds charging high commissions, while on the other hand investors that prefer corporate bonds show reduced sensitivity in the commissions charged by mutual funds. Investors in government bonds increase their investment positions when stock markets experience small or negative returns, a clue that shows they seek for safe heavens for their investments. This phenomenon is more evident when investors face a temporary period of low stock market returns and is not as strong when low returns in the stock markets are extended to a period of years. In these cases investment positions in bond mutual funds appear to be part of a more permanent investment policy where bond investments are considered to be an integral part of a diversified portfolio.

  13. Crowd funding voor juridische fijnproevers

    NARCIS (Netherlands)

    I. van der Vlies

    2012-01-01

    Crowd funding is een eigentijds instrument om geld van goede gevers te verzamelen via de sociale media. Bij crowd funding hoeft de ‘crowd’ niet als groep of gemeenschap te bestaan. Het gaat om een verzameling personen die één ding gemeen heeft: geld geven voor een bepaald doel. De oude media speelde

  14. European Funds Fraud: The Impact on the Process of Absorption of Structural and Cohesion Funds in Romania

    Directory of Open Access Journals (Sweden)

    Dumitru BELDIMAN

    2016-06-01

    Full Text Available The increase of the degree of absorption of European funds offered to Romania by the European Union represents one of its main objectives in the present and future situation. One of the main reasons that the funds are so important is the fact that, taking into consideration the microeconomic and macroeconomic situation that Romania is in, it represents an alternative financing mechanism of the economy that Romania can benefit in very advantageous conditions. Even under these conditions Romania- within 2007-2013 period of programming – couldn’t benefit from it by attracting as many structural and cohesion funds as possible, at least in comparison to other member states. In our opinion, that of the authors’ one of the reasons that led to such a low rate of absorption, alongside with the low administrative capacity of the state is the excessive bureaucracy, an inefficient legislative framework which is not harmonized with the European one, the lack of experience in using and administrating of European funds, the beneficiaries’ incapacity to sustain the financial support of the project (to assure the co-financing of the project, a low involvement of Romanian banking institutions in the process of supporting the beneficiaries of European funds. Another cause is the European funds fraud that happened in Romania. In the present article, the authors have decided to analyze the influence of European funds fraud on the degree of absorption of structural and cohesion funds in Romania.

  15. Random matrix theory and fund of funds portfolio optimisation

    Science.gov (United States)

    Conlon, T.; Ruskin, H. J.; Crane, M.

    2007-08-01

    The proprietary nature of Hedge Fund investing means that it is common practise for managers to release minimal information about their returns. The construction of a fund of hedge funds portfolio requires a correlation matrix which often has to be estimated using a relatively small sample of monthly returns data which induces noise. In this paper, random matrix theory (RMT) is applied to a cross-correlation matrix C, constructed using hedge fund returns data. The analysis reveals a number of eigenvalues that deviate from the spectrum suggested by RMT. The components of the deviating eigenvectors are found to correspond to distinct groups of strategies that are applied by hedge fund managers. The inverse participation ratio is used to quantify the number of components that participate in each eigenvector. Finally, the correlation matrix is cleaned by separating the noisy part from the non-noisy part of C. This technique is found to greatly reduce the difference between the predicted and realised risk of a portfolio, leading to an improved risk profile for a fund of hedge funds.

  16. 75 FR 51122 - In the Matter of Four Crystal Funding, Inc.; Order of Suspension of Trading

    Science.gov (United States)

    2010-08-18

    ... COMMISSION In the Matter of Four Crystal Funding, Inc.; Order of Suspension of Trading August 16, 2010. It... concerning the securities of Four Crystal Funding, Inc. (``Four Crystal'') because it has not filed any periodic reports since the period ended June 30, 2006. Four Crystal is quoted on the Pink Sheets operated...

  17. Comparative Analysis of A, B Type and Exchange Traded Funds Performances with Mutual Fund Performance Measures, Regression Analysis and Manova Technique.

    Directory of Open Access Journals (Sweden)

    Mehmet Arslan

    2010-06-01

    Full Text Available The objective of the study is to evaluate risk- reward relationship and relative performances of the 4 different groups of mutual funds. To this end, daily return data of these 12 mutual funds (3 type variable fund; 3 B type variable fund; 3 A type stock fund and 3 A type Exchange traded fund together with daily market index (imkb100 return and daily return of riskless rate for the period from January 2006 to Feb 2010. The 180-day maturity T-Bill has been selected to represent riskless rate. To determine performances of mutual funds; Sharpe ratio, M2 measure, Treynor index, Jensen index, Sortino ratio, T2 ratio, Valuation ratio has been applied and these indicators produced conflicting results in ranking mutual funds. Then timingand selection capability of the fund manager has been determined by applying simple regression and Quadratic regression. Interestingly all funds found to have positive coefficient, indicating positive election capability of managers; but in terms of timing capability only one fund managers showed success. Finally, to determine extent to which mean returns are differs between mutual funds, market index (imkb100 and riskless rate (180 day TBill results of the analysis revealed that mean returns of individual security returns differs at P≤0,01 level. That shows instability in returns and poor ex-ante forecast modeling capability.

  18. Meeting of the Pension Fund Governing Board

    CERN Multimedia

    HR Department

    2009-01-01

    Reminder Given the current state of the financial markets and the continuing uncertainty as to their future evolution, we begin by reiterating the introductory statement of the last report from the Pension Fund: "The CERN pension scheme is based on the principle of defined benefits, so beneficiaries continue to receive the benefits to which they are entitled in accordance with the Rules of the Pension Fund. This means that pension entitlements under the Rules are not directly affected by the financial crisis and the current economic situation. However, the adjustment of pensions to the cost of living is not automatic and, under the method applied since 2006, must take into account the Fund’s financial position." Meeting of the Pension Fund Governing Board (PFGB) The PFGB held its ninth and tenth meetings on 1st December 2008 and 11 February 2009 respectively. At the ninth meeting, the Governing Board bade farewell to P. Lambert, who had been an expert member since November 2007 and a membe...

  19. Pension funds investments in hedge funds-a necessary regulation

    Directory of Open Access Journals (Sweden)

    Daniela Gaftoniuc

    2010-12-01

    Full Text Available When it comes to investment strategies, generally, pension funds have proved to be conservative investors with a long term approach on investments and constant preoccupation for asset diversification as well as tendencies to secure their portfolios through investments in established financial products. Nevertheless, within this constant preoccupation for portfolio diversification as well as gain of notable profits, private pension funds have invested to a certain degree also in less cautious products respectively have conducted less stable investments. The financial turbulences that hit the US towards the end of 2007 and spread globally to become one of the most severe financial crisis witnessed, haven’t left pension funds immune to this phenomenon. Although, as previously stated, the special feature of pension funds is based on long term investments, which confers a certain degree of natural protection, there can not be the talk of absolute immunity either.

  20. A study of the Communications Services Industrial Fund.

    OpenAIRE

    1985-01-01

    Approved for public release; distribution is unlimited The Communications Services Industrial Fund (CSIF) is an integral tool available to the Defense Communications Agency in directing and controlling the operations of the Defense Communications System. This thesis is an analysis of how effective the current structure of the fund has been in allowing the Defense Communications Agency to meet its objectives. A detailed description of the history, purpose and procedures...

  1. Periodic behaviors

    CERN Document Server

    Napp, Diego; Shankar, Shiva

    2010-01-01

    This paper studies behaviors that are defined on a torus, or equivalently, behaviors defined in spaces of periodic functions, and establishes their basic properties analogous to classical results of Malgrange, Palamodov, Oberst et al. for behaviors on R^n. These properties - in particular the Nullstellensatz describing the Willems closure - are closely related to integral and rational points on affine algebraic varieties.

  2. PERIODIC BEHAVIORS

    NARCIS (Netherlands)

    Napp, Diego; Put, Marius van der; Shankar, Shiva

    2010-01-01

    This paper studies behaviors that are defined on a torus, or equivalently, behaviors defined in spaces of periodic functions, and establishes their basic properties analogous to classical results of Malgrange, Palamodov, Oberst et al. for behaviors on R(n). These properties-in particular the Nullste

  3. 7 CFR 4280.193 - Combined funding.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 15 2010-01-01 2010-01-01 false Combined funding. 4280.193 Section 4280.193... Efficiency Improvements Program Section D. Combined Funding § 4280.193 Combined funding. The requirements for... if the project meets the requirements specified in § 4280.109. (b) Funding. Funding provided...

  4. 14 CFR 1274.918 - Incremental funding.

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 5 2010-01-01 2010-01-01 false Incremental funding. 1274.918 Section 1274... COMMERCIAL FIRMS Other Provisions and Special Conditions § 1274.918 Incremental funding. Incremental Funding... Agreement, as required, until it is fully funded. Any work beyond the funding limit will be at the...

  5. 24 CFR 214.311 - Funding.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Funding. 214.311 Section 214.311... PROGRAM Program Administration § 214.311 Funding. (a) HUD funding. HUD approval or program participation does not guarantee funding from HUD. Funding for the Housing Counseling program depends...

  6. 7 CFR 1789.153 - Borrower funding.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 12 2010-01-01 2010-01-01 false Borrower funding. 1789.153 Section 1789.153... Consultant Services Funded by Borrowers-General § 1789.153 Borrower funding. Borrowers shall use their general funds for the purposes of funding consultant services hereunder. Borrowers may not use...

  7. 12 CFR 615.5010 - Funding Corporation.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Funding Corporation. 615.5010 Section 615.5010... POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Funding § 615.5010 Funding Corporation. (a) The Funding Corporation shall issue, market, and handle the obligations of the banks issued under section 4.2(b)...

  8. Performance and Persistence of Brazilian Hedge Funds During the Financial Crisis

    Directory of Open Access Journals (Sweden)

    Gustavo Passarelli Giroud Joaquim

    2011-12-01

    Full Text Available This study investigates the performance and persistence of the Brazilian hedge fund market using daily data from September 2007 to February 2011, a period marked by what was characterized by many as the world’s worst financial crisis since the great depression of the 1930s. Despite the financial turmoil, the results indicate the existence of a representative group of funds with abnormal returns and evidence of a joint persistence of funds with time frames of one to three months. Individual evaluations of the funds, however, indicate a reduced number of persistent funds.

  9. VIX AND VIX FUTURES: A TOOL OF RISK REDUCTION AND DOWNSIDE PROTECTION FOR HEDGE FUNDS

    OpenAIRE

    Bei Feng; Chuyue Wu

    2014-01-01

    We analyze VIX, VIX futures and hedge funds. VIX is a measure of the implied volatility of S&P 500 index options. VIX futures performance is measured by the S&P 500 VIX Mid-Term Futures Index and the CBOE VIX Premium Strategy Index. Credit Suisse Hedge Fund Index and Hedge Fund Research Indices represent hedge funds performance. In our project, we expand Dash and Moran (2005) by expanding the end period of survey from December 2004 to May 2014 and including two hedge fund databases...

  10. GOVERNING BOARD OF THE PENSION FUND

    CERN Multimedia

    2000-01-01

    The Governing Board held its 97th meeting on 5 December. On this occasion, it took note of the Draft Resolution on the Conclusions of the Five-Yearly Review 2000, one of which relates to the adjustment of the contribution rates to the Pension Fund which would rise from 9.37 % to 10.12 % of the reference salary for the members and fall from 21 % to 20.25 % of the reference salary for the Organization with effect from 1.1.2001. The Governing Board noted that those adjustments would not alter the overall contribution rate, which remains at 30.37 %. Consequently, it agreed to the proposed changes. The corresponding amendments to the Rules and Regulations of the Pension Fund will come into force with effect from 1.1.2001. The Board also took note of a request in the draft Resolution relating to three studies in addition to the triennial actuarial review as at 1.1.2001, namely 1) to study the financial consequences for the Fund of the proposed increase in the staff of 170 posts over the period 2002-2008, 2) to asse...

  11. Water institutions and governance models for the funding, financing ...

    African Journals Online (AJOL)

    2015-10-05

    Oct 5, 2015 ... sector infrastructure funding models was designed to meet the challenges presented by the current and growing imbalances .... ture asset inventory for many municipalities is incomplete or ... Currently the DWA cannot raise capital finance directly ... Effective financial planning and pricing for the water sector.

  12. Has aid for AIDS raised all health funding boats?

    Science.gov (United States)

    Shiffman, Jeremy; Berlan, David; Hafner, Tamara

    2009-11-01

    Global health analysts have debated whether donor prioritization of HIV/AIDS control has lifted all boats, raising attention and funding levels for health issues aside from HIV/AIDS. We investigate this question, considering donor funding for 4 historically prominent health agendas-HIV/AIDS, health systems strengthening, population and reproductive health, and infectious disease control-over the decade 1998-2007. We employ funding data from the Development Assistance Committee of the Organization for Economic Cooperation and Development, which tracks donor aid. The data indicate that HIV/AIDS may have helped to increase funding for the control of other infectious diseases; however, there is no firm evidence that other health issues beyond the control of infectious diseases have benefited. Between 1998 and 2007, funding for HIV/AIDS control rose from just 5.5% to nearly half of all aid for health. Over the same period, funding for health systems strengthening declined from 62.3% to 23.9% of total health aid and that for population and reproductive health declined from 26.4% to 12.3%. Also, even as total aid for health tripled during this decade, aid for health systems strengthening largely stagnated. Overall, the data indicate little support for the contention that donor funding for HIV/AIDS has lifted all boats.

  13. The current status study on health technology assessment programs funded by National Natural Science Foundation of China%国家自然科学基金资助卫生技术评估项目的现状研究

    Institute of Scientific and Technical Information of China (English)

    郭祖德; 池迅由之; 茅艺伟; 刘文彬; 唐檬; 吴博生; 黄媛; 李娜; 陈英耀

    2016-01-01

    目的:了解我国国家自然科学基金对卫生技术评估(HTA)项目的资助及支持情况。方法:检索国家自然科学基金委员会网站,通过双盲的形式从中筛选出2009—2013年的HTA项目,并对其进行统计分析。结果:2009—2013年,国家自然科学基金历年资助HTA项目的数量、金额、项目类型以及研究机构分布数量都有不同程度的增长。结论:国家自然科学基金对HTA领域的研究项目、资助金额、研究机构数量以及成果转化方面的资助力度有所增强,但与其它学科之间还存在一定的差距。建议加强研究机构的能力建设,提升HTA学科影响力。%Objective:To get knowledge of the current development of health technology assessment(HTA), a study was conducted from the perspective of National Natural Science Foundation of China(NSFC). Methods:HTA programs funded by NSFC were identified from the website of the Internet-based Science Information System from 2009 to 2013. Results:From 2009 to 2013,the number of HTA programs,funding amount and research institutes grew gradually. Conclusion:Several indicators such as HTA programs,funding amount,research institutes and knowledge translations suggest that HTA research is gaining strength by the NSFC,while the gap still exits comparing with other subjects. The proposals in the study include the promotion of HTA capacity building and discipline influence.

  14. Report from the Pension Fund

    CERN Multimedia

    2012-01-01

    In this column, the Chairman of the Pension Fund Governing Board (PFGB) presents the Board's latest main decisions, initiatives and accomplishments to the Fund's members and beneficiaries.   Since my last report in July, the Fund has continued the implementation of its capital preservation approach with encouraging results. There have also been several communication events focusing, in particular, on the Fund’s governance and its investment processes. At the September sessions of the Finance Committee and Council, the Chairman of the Pension Fund Investment Committee, Dr Sigurd Lettow, gave comprehensive presentations on the governance and operations of the Fund’s Investment Committee. The Investment Committee is the subsidiary and expert body of the PFGB on investments. Its mandate is to define the process according to which the Fund’s assets - which amount to approximately 3.7 billion Swiss Francs - are invested, and to supervise the implem...

  15. Drinking Water State Revolving Fund

    Data.gov (United States)

    U.S. Environmental Protection Agency — The Drinking Water State Revolving Fund (DWSRF) National Information Management System collects information that provide a record of progress and accountability for...

  16. Pacific Coastal Salmon Recovery Fund

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Congress established the Pacific Coastal Salmon Recovery Fund (PCSRF) to monitor the restoration and conservation of Pacific salmon and steelhead populations and...

  17. The funding landscape for HIV in Asia and the Pacific

    DEFF Research Database (Denmark)

    Stuart, Robyn Margaret; Lief, Eric; Donald, Braedon

    2015-01-01

    NTRODUCTION Despite recent and robust economic growth across the Asia-Pacific region, the majority of low- and middle-income countries in the region remain dependent on some donor support for HIV programmes. We describe the availability of bilateral and multilateral official development assistance...... (ODA) for HIV programmes in the region. METHODS: The donor countries considered in this analysis are Australia, Canada, Denmark, France, Germany, Netherlands, Norway, Sweden, the United Kingdom and the United States. To estimate bilateral and multilateral ODA financing for HIV programmes in the Asia...... for HIV/AIDS were based on the country allocations announcement by the Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund) for the period 2014 to 2016. RESULTS: Countries in the Asia-Pacific region receive the largest share of aid for HIV from the Global Fund. Bilateral funding for HIV...

  18. Improving Fund Risk Management by Using New Software Tools Technology

    Directory of Open Access Journals (Sweden)

    Stephanos Papadamou

    2004-01-01

    Full Text Available This paper introduces a new MATLAB-based toolbox for Computer Aided mutual fund risk evaluation. In the age of computerized trading, financial services companies and independent investors must quickly investigate fund investment style and market risk. The Fund Risk toolbox is a financial software that includes a set of functions based on value at risk (VaR and expected tail loss (ETL methodology for graphical presentation of risk forecasts, evaluation of different risk models and identification of fund investment style. The sample of historical data can be divided to an estimation rolling window and the back-testing period. MATLAB?s vast built-in mathematical and financial functionality along with the fact that is both an interpreted and compiled programming language make this toolbox easily extendable by adding new complicated risk models with minimum programming effort.

  19. The rise of Asian sovereign wealth funds

    OpenAIRE

    2015-01-01

    This Asia Focus provides an overview of sovereign wealth funds, evaluates the structure and activities of major funds in Asia, and compares the transparency of Asian funds relative to international best practices.

  20. Let's Get Funded. Guidelines for Outstanding Grants.

    Science.gov (United States)

    Stopka, Christine Boyd; Beland, Robert M.

    1989-01-01

    This article provides guidelines for schools, agencies and individuals seeking funding for physical education-related programs and activities. Discussed are sources of funding, procedures for preparing grant proposals, and sources of information about available funds. (IAH)

  1. Managed Features and Hedge Funds:

    OpenAIRE

    Harry M. Kat

    2002-01-01

    In this paper we study the possible role of managed futures in portfolios of stocks, bonds and hedge funds. We find that allocating to managed futures allow investors to achieve a very substantial degree of overall risk reduction at limited costs. Apart from their lower expected return, managed futures appear to be more effective diversifiers than hedge funds. Adding managed futures to a portfolio of stocks and bonds will reduce that portfolio’s standard deviation more and quicker than hedge ...

  2. Farmer Training Fund Set Up

    Institute of Scientific and Technical Information of China (English)

    2007-01-01

    <正>On the afternoon of February 12, 2007, the China Friendship Foundation for Peace and Development (CFFPD) held the inauguration of the Farmer Training Fund and a press conference. Li Xiaolin, CPAFFC vice president and chairman of the Board of Directors of the CFFPD, who announced the inauguration, said, the Farmer Training Fund is set up by the CFFPD timely in response to the Party’s call of "building a new socialist countryside" and a

  3. Hedge funds and financial stability.

    OpenAIRE

    Draghi, J M.

    2007-01-01

    Much has been achieved to date in containing the financial stability risks that hedge funds could pose, while avoiding unnecessary restrictions that would distort market forces and prevent hedge funds from continuing to play their role in today’s markets. But in a continuously changing financial market environment, sustained attention is required by market participants and supervisory authorities to assess ongoing market developments and address any weaknesses in counterparty risk management ...

  4. Increased Science Instrumentation Funding Strengthens Mars Program

    Science.gov (United States)

    Graham, Lee D.; Graff, T. G.

    2012-01-01

    As the strategic knowledge gaps mature for the exploration of Mars, Mars sample return (MSR), and Phobos/Deimos missions, one approach that becomes more probable involves smaller science instrumentation and integrated science suites. Recent technological advances provide the foundation for a significant evolution of instrumentation; however, the funding support is currently too small to fully utilize these advances. We propose that an increase in funding for instrumentation development occur in the near-term so that these foundational technologies can be applied. These instruments would directly address the significant knowledge gaps for humans to Mars orbit, humans to the Martian surface, and humans to Phobos/ Deimos. They would also address the topics covered by the Decadal Survey and the Mars scientific goals, objectives, investigations and priorities as stated by the MEPAG. We argue that an increase of science instrumentation funding would be of great benefit to the Mars program as well as the potential for human exploration of the Mars system. If the total non-Earth-related planetary science instrumentation budget were increased 100% it would not add an appreciable amount to the overall NASA budget and would provide the real potential for future breakthroughs. If such an approach were implemented in the near-term, NASA would benefit greatly in terms of science knowledge of the Mars, Phobos/Deimos system, exploration risk mitigation, technology development, and public interest.

  5. Data Transparency in Privately Funded Scientific Research

    Science.gov (United States)

    Brewer, P. G.

    2016-12-01

    Research investigations funded by the Gulf of Mexico Research Initiative (GoMRI) have resulted in a large pulse of scientific data produced by studies ranging across the research goals of the program. These studies have produced datasets from laboratory, field, and modeling activities describing phenomenon ranging from microscopic fluid dynamics to large-scale ocean currents, bacteria to marine mammals, and detailed field observations to synoptic mapping. One of GoMRI's central tenets is to ensure that all data are preserved and made publicly available. Thus, GoMRI formed the Gulf of Mexico Research Initiative Data and Information Cooperative (GRIIDC) with the mission to ensure a data and information legacy that promotes continual scientific discovery and public awareness of the Gulf of Mexico ecosystem. The GoMRI Research Board commitment to open data is exemplified in GoMRI's data program policies and management. The Research Board established a policy that research data must be publically available as soon as possible and no later than one year following collection or at the time of publication. GRIIDC's data specialists, and computer system experts along with a team of researchers funded by GOMRI and GoMRI Research Board members developed a data management system and process for storing and distributing all of the scientific data generated by the GoMRI researchers. Researcher compliance with the data policy is a requirement for annual funding increments, No Cost Extensions, and eligibility for future funding. Since data compliance is an important element of grant performance compliance with GOMRI data policies data are actively tracked and reported to the Board. This initiative comprises an essential component of GoMRI's research independence and legacy.

  6. 34 CFR 628.44 - When and for what purposes may a grantee use the endowment fund corpus?

    Science.gov (United States)

    2010-07-01

    ... endowment fund corpus? 628.44 Section 628.44 Education Regulations of the Offices of the Department of... for what purposes may a grantee use the endowment fund corpus? (a)(1) During the grant period, a grantee may not withdraw or spend any part of the endowment fund corpus. (2) If, during the grant...

  7. Going It Alone: New Zealand Company-Sponsored Language, Literacy and Numeracy (LLN) Training in an Era of Government Funding

    Science.gov (United States)

    Guy, Shona; Harvey, Sharon

    2013-01-01

    In this paper, we examine the nature of and reasons for employer-funded literacy, language and numeracy (LLN) workplace training in New Zealand, during a period where government funding has been available. To place these programmes in context, we give a historically nuanced account of employer-funded programmes in New Zealand and then look at the…

  8. Governing Board of the Pension Fund

    CERN Multimedia

    2004-01-01

    The Governing Board of the Pension Fund held its one-hundred-and twenty-sixth meeting on 7th September 2004. The first main item on the agenda was a report by the Chairman, J. Bezemer, on the June meetings of the CERN Council and its committees. Dr Bezemer reported that, at its June session, the Council had unanimously approved the 2003 annual report and accounts of the Pension Fund. and had appointed himself and Mr P. Levaux members of the Governing Board for periods of 18 months1 and 3 years respectively, with J.-P. Ruder and F. Bello as their respective alternates. On the basis of a recommendation first made by the Governing Board in October 2002 and confirmed at its June 2004 meeting, the Council had also re-appointed Dr Bezemer Chairman of the Governing Board for a period of 18 months*. A further item on the Governing Board's agenda was the examination of the half-yearly accounts, namely the profit and loss account, the contributions and benefits account and the balance sheet. J. Steel and the Administ...

  9. Farms and funds: investment funds in the global land rush

    Energy Technology Data Exchange (ETDEWEB)

    Buxton, Abbi; Campanale, Mark; Cotula, Lorenzo

    2012-01-15

    Investment funds show a growing interest in farmland and agriculture. They are buying up land and agribusinesses in developing countries with the expectation of high long-term returns linked to rising land prices, growing populations and increasing demand for food. While the media has reported extensively on the involvement of these funds in the global land rush, the mechanics remain little understood by the broader public. What is the interest and what is driving it? Who are the players and what processes do their investment decisions go through? What are the impacts in recipient countries? And what action can be taken to promote investments that genuinely support local people?.

  10. Investor Attrition and Fund Flows in Mutual Funds

    DEFF Research Database (Denmark)

    Christoffersen, Susan E. K.; Xu, Haoyu

    2017-01-01

    We explore the properties of equity mutual funds that experience a loss of assets after poor performance. We document that both inflows and outflows are less sensitive to performance, because performance-sensitive investors leave or decide not to invest after bad performance. Consistent with the ......We explore the properties of equity mutual funds that experience a loss of assets after poor performance. We document that both inflows and outflows are less sensitive to performance, because performance-sensitive investors leave or decide not to invest after bad performance. Consistent......–performance sensitivity when attrition arises after good performance or investors invest for nonperformance reasons....

  11. Dynamics and stabilization of peak current-mode controlled buck converter with constant current load

    Science.gov (United States)

    Leng, Min-Rui; Zhou, Guo-Hua; Zhang, Kai-Tun; Li, Zhen-Hua

    2015-10-01

    The discrete iterative map model of peak current-mode controlled buck converter with constant current load (CCL), containing the output voltage feedback and ramp compensation, is established in this paper. Based on this model the complex dynamics of this converter is investigated by analyzing bifurcation diagrams and the Lyapunov exponent spectrum. The effects of ramp compensation and output voltage feedback on the stability of the converter are investigated. Experimental results verify the simulation and theoretical analysis. The stability boundary and chaos boundary are obtained under the theoretical conditions of period-doubling bifurcation and border collision. It is found that there are four operation regions in the peak current-mode controlled buck converter with CCL due to period-doubling bifurcation and border-collision bifurcation. Research results indicate that ramp compensation can extend the stable operation range and transfer the operating mode, and output voltage feedback can eventually eliminate the coexisting fast-slow scale instability. Project supported by the National Natural Science Foundation of China (Grant No. 61371033), the Fok Ying-Tung Education Foundation for Young Teachers in the Higher Education Institutions of China (Grant No. 142027), the Sichuan Provincial Youth Science and Technology Fund, China (Grant Nos. 2014JQ0015 and 2013JQ0033), and the Fundamental Research Funds for the Central Universities, China (Grant No. SWJTU11CX029).

  12. Pension Fund - ELECTIONS - Irene SEIS

    CERN Multimedia

    2002-01-01

    CERN - EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH PENSION FUND   This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate: Name: SEIS First Name : Irene Our Pension Fund (that of CERN and ESO personnel) is for most of us the only social protection when we retire. Its purpose is to give us a pension, which permits to maintain a certain standard of living for us, and for our dependants. I have worked in the Governing Board of the Pension Fund, as well as in numerous working groups on pension matters, since 11 years, either in my role as a Staff Association delegate, or as a member of the Governing Board. In both environments, I defend the principles of solidarity, which are part of our social security system, and I stand up for maintaining its primary principle, being a defined benefit scheme. Another of my preoccupations is the long-term future of the fund, including the gu...

  13. PERFORMANCE OF TRADITIONAL INVESTMENT FUNDS AND ETFs LINKED TO SUSTAINABILITY AND CORPORATE GOVERNANCE

    Directory of Open Access Journals (Sweden)

    Elisângela de Magalhães Soares

    2015-12-01

    Full Text Available The objective of this study is to compare the performance of traditional investment funds and Exchange traded funds (ETFs, which benchmarks are Ibovespa, IBrX and Sustainability Indexes, as well as free funds using daily frequency data covering the period from 20 June 2012 to 31 October 2013. The survey is descriptive with a quantitative approach. Analyses were performed using the Capital Asset Pricing Model (CAPM and the Sharpe Ratio (1966. In order to obtain an index of ETFs linked to sustainability, the nomenclature and prospectus of each ETF were analyzed to see which ones were linked to this sector. Then the average return of these funds was calculated, weighted by its Net Asset Value, generating a series of the same period and frequency of others. The results show that the funds linked to sustainability and corporate governance indices are one of the best investment options, surpassed only by free funds.

  14. Are we investing wisely? A systematic analysis of nationally funded antimicrobial resistance projects in Republic of Korea, 2003-2013.

    Science.gov (United States)

    Ryu, Sukhyun; Head, Michael G; Kim, Bryan I; Hwang, Juchul; Cho, En-Hi

    2016-09-01

    From 2003 to 2013, South Korea has conducted the National Antimicrobial Resistance Safety Control Program (NARSCP). The purpose of the current study was to systematically review national antimicrobial resistance (AMR) research trends and to provide guidance on future allocation of research funding to enable a comprehensive approach in AMR control. This study collected project reports related to AMR published by the Ministry of Food and Drug Safety, the Ministry of Health and Welfare and the Korea Centers for Disease Control and Prevention between 2003 and 2013. These reports were analysed by topics based on the AMR action plan of the World Health Organization (WHO), period of study, categories along the research pipeline and types of receiving institution. A total of 198 project reports were included, with total funding of US$18.3 million. Mean funding per award was US$92,750, with a median of US$71,714. Among the WHO-suggested criteria, the basic microbial research and surveillance sector accounts for 143 (72.2%) of all awards. Yearly project funding increased from US$961,476 in 2003 to US$1,553,294 in 2013. Operational research was 61.5% and product development was 0.7% of the basic microbial research and surveillance sector. By institution, academia received 145 awards (73.2%). During progress of the NARSCP, total research funding increased significantly, but most awards were focused on understanding the overall picture of the nationwide AMR status. More balanced funding is needed, and encouraging active participation of private and international sectors is also required in reducing AMR. Copyright © 2016 International Society for Chemotherapy of Infection and Cancer. Published by Elsevier Ltd. All rights reserved.

  15. Management and performance of Taiwan's waste recycling fund.

    Science.gov (United States)

    Fan, Kuo-Shuh; Lin, Chun-Hsu; Chang, Tien-Chin

    2005-05-01

    Taiwan's resource recycling program was formally established in 1989, starting with the mandatory recycling of polyethylene terephthalate bottles. The number of mandatory regulated materials was extended to 8 categories with 27 items by 2002. Because of false data reporting, financial scandal, lack of transparency of the system, and the demand from parliament, the recycling policy has gradually changed from entirely privatized to being nationalized. Currently, the structure is built on six main bodies: fund management committee, consumers, industries responsible, recyclers, fee reviewing committee, and auditing agents. The industries that are responsible submit a fee, which is set by the fee reviewing committee, to the waste recycling fund (WRF), which is operated by the fund management committee. The auditing agents routinely check the responsible industries by documentation review as well as on-site counting to ensure that the fee is correctly submitted. The WRF provides initiatives to collect and dispose of the end-of-life products. The fund is split into a trust fund and a nonbusiness fund to deal with the collection, disposal, and treatment of the listed materials. The latter deals with the supporting works and ensures that the system runs effectively. The ratio of trust fund to nonbusiness fund is 80-20%. It is no doubt that the current practice achieves some improvements. Household waste has been reduced by 22%. And, most importantly, the benefit-to-cost ratio was as high as 1.24. However, similar to other state-owned systems, the resource recycling program has been criticized for false reporting from the responsible industries, a rigid system, and complicated procedures. To build a sustainable enterprise, the recycling program should be privatized as the recycling market and operating procedures are well established and fully mature.

  16. RESEARCH ON PROBLEMS WITH PROJECTS AND PARTNERSHIPS THAT PUBLIC INSTITUTIONS IN THE CENTRE REGION FACED IN ACCESSING EUROPEAN FUNDS

    Directory of Open Access Journals (Sweden)

    DUMITRASCU DANUT

    2012-12-01

    solve the identified problems. The qualitative research revealed the existence of some problems faced by institutions in relation to accessing and developing projects that focus on several directions: when filling out the application form, the technical-financial reporting, at the contracting phase of the projects, problems of partners. This article deals with the problems encountered during the projects’ contracting stage and problems caused by partners. The respondents’ answers place the problems of partners on top of the categories of problems that stood in the way of European funds’ beneficiaries. A series of causes that have led to the occurrence of these problems have also been identified. It should be stated that the information obtained from the conducted research supplies, theoretically speaking, the studied field and brings an important contribution not only to possible beneficiaries of European funds, but to the institutions managing European funds in Romania, who have a lot to learn from the experience of the first period of programmes. The authors’ main contribution is to integrate this study into the logical thread of the thesis entitled “Strategic management in European project funding”. Both articles, part of a research in the field of project management are unique and original and meet a current and pressing requirement of the Romanian society.

  17. 论当前时期下高校音乐创新型教学策略研究%Innovative Teaching Strategies of University Study of Music in Current Period

    Institute of Scientific and Technical Information of China (English)

    吴婷

    2011-01-01

    In order to adapt to the pace of continuous social development and meet community needs for high quality talent,the reform of higher education has deeped carried out.Among the college has made great efforts,a large university in the actual teaching process,try to do a lot of innovation,has made remarkable achievements.However,music education and teaching in colleges and universities into the innovation process,but there are some problems.This article first grab the current period of university music education problems in the teaching process analysis,then these issues a corresponding teaching strategies.%为了适应社会不断发展的步伐以及满足社会对高素质人才的需求,高等教育进行了深化地改革。其中,高校音乐教育教学取得了骄人的成绩。然而,在高校音乐教育教学创新过程之中,却存在着一些问题。本文首先攫取了当前时期下高校音乐教育教学过程中存在的问题进行分析,然后根据这些问题提出了相对应的教学策略。

  18. 低品位阳极大板高电流长周期铜电解生产实践%Low-Grade Large Panel High-Current and Long-Period of Copper Electrolysis Practice

    Institute of Scientific and Technical Information of China (English)

    曹昌盛; 史建远; 吴永松; 许卫; 柯新安; 阮吉平

    2011-01-01

    The low-grade, high current, large anode and long-period copper electrolysis process in Daye Nonferrous Metals Co., Ltd.Smelter was introduced, and the characteristics and main economic indicators of electrolysis process were also analyzed.The results showed that extending the cathode cycle electrolytic did not have a negative impact on the quality and power consumption of electrolytic copper and improving the auxiliary equipment could fulfill the need of production, the operating rates increased from 93% to about 95%, while the labor intensity decreased by about 30%.%介绍了大冶有色金属股份有限公司冶炼厂低品位、高电流、大阳极、长周期铜电解工艺流程的特点,并对其主要生产经济指标进行了分析.结果表明:高电流密度下,延长阴极周期不会对阴极铜质量和电耗造成负面影响,改进辅助设备可以满足生产,作业率从93%提高到了95%左右,工人劳动强度降低了约30%.

  19. Bayesian Forecasting of Federal Funds Target Rate Decisions

    NARCIS (Netherlands)

    S. van den Hauwe (Sjoerd); D.J.C. van Dijk (Dick); R. Paap (Richard)

    2011-01-01

    textabstractThis paper examines which macroeconomic and financial variables are most informative for the federal funds target rate decisions made by the Federal Open Market Committee (FOMC) from a forecasting perspective. The analysis is conducted for the FOMC decision during the period January 1990

  20. Determinants of sovereign wealth fund investment in private equity

    NARCIS (Netherlands)

    Johan, S.A.; Knill, A.M.; Mauck, N.

    2010-01-01

    This paper examines investment patterns of 50 sovereign wealth funds (SWFs) in nations around the world. We study investment by SWFs in 903 public and private firms over the period 1984-2009. As expected, we observe SWFs investments are more often in private firms when the market returns of target

  1. Determinants of sovereign wealth fund investment in private equity

    NARCIS (Netherlands)

    Johan, S.A.; Knill, A.M.; Mauck, N.

    2010-01-01

    This paper examines investment patterns of 50 sovereign wealth funds (SWFs) in nations around the world. We study investment by SWFs in 903 public and private firms over the period 1984-2009. As expected, we observe SWFs investments are more often in private firms when the market returns of target n

  2. 23 CFR 646.208 - Funding.

    Science.gov (United States)

    2010-04-01

    ... 23 Highways 1 2010-04-01 2010-04-01 false Funding. 646.208 Section 646.208 Highways FEDERAL...-Highway Projects § 646.208 Funding. (a) Railroad/highway crossing projects may be funded through the Federal-aid funding source appropriate for the involved project. (b) Projects for the elimination...

  3. 30 CFR 795.11 - Assistance funding.

    Science.gov (United States)

    2010-07-01

    ... 30 Mineral Resources 3 2010-07-01 2010-07-01 false Assistance funding. 795.11 Section 795.11 Mineral Resources OFFICE OF SURFACE MINING RECLAMATION AND ENFORCEMENT, DEPARTMENT OF THE INTERIOR SMALL... funding. (a) Use of funds. Funds specifically authorized for this program shall be used to provide...

  4. 36 CFR 330.7 - Funding.

    Science.gov (United States)

    2010-07-01

    ... 36 Parks, Forests, and Public Property 3 2010-07-01 2010-07-01 false Funding. 330.7 Section 330.7... § 330.7 Funding. (a) Section 330.3(c) sets forth the maximum authorized funds for law enforcement contracting in FY 1978 and FY 1979. The Division funding levels for FY 1978 are based on information...

  5. 24 CFR 904.206 - Funding.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Funding. 904.206 Section 904.206... HOUSING HOMEOWNERSHIP OPPORTUNITIES Homeownership Counseling and Training § 904.206 Funding. (a) Source of funds. For purpose of funding counseling and training pursuant to this subpart and for establishing...

  6. 24 CFR 965.305 - Funding.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Funding. 965.305 Section 965.305... LEASED PROJECTS-GENERAL PROVISIONS Energy Audits and Energy Conservation Measures § 965.305 Funding. (a... modernization program, for funding from any available development funds in the case of projects still...

  7. 50 CFR 253.23 - Other funds.

    Science.gov (United States)

    2010-10-01

    ... 50 Wildlife and Fisheries 7 2010-10-01 2010-10-01 false Other funds. 253.23 Section 253.23... Other funds. (a) Funds for disaster assistance. (1) The Secretary shall retain sole authority in... been compensated by other Federal or State programs. (b) Funds for interstate commissions....

  8. 12 CFR 619.9185 - Funding Corporation.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Funding Corporation. 619.9185 Section 619.9185 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9185 Funding Corporation. The term Funding Corporation refers to the Federal Farm Credit Banks Funding...

  9. Research funding should reward unpredictability

    CERN Multimedia

    2008-01-01

    Particle-physics experiments can cost hundreds of millions or even billions of dollars and with that kind of money at stake, debates over which projects are worthy of funding can be heated and complex. While those who make big funding decisions try to be as objective as possible, the physicist Bruce Knuteson of the Massachusetts Institute of Technology in the US, believes that agencies would have a much better idea of where to spend their money if they quantified the "scientific merit" of particular research proposals

  10. Inside China's Sovereign Wealth Fund

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    @@Lou Jiwei,the head of China's now almost year-old sovereign wealth fund(SWF),the China Investment Corp(中国投资有限责任公司),has not had an easy time at his new job.One of the first headline purchases the fund made were discounted shares in the private equity group Blackstone.Bought pre-initial public offering for USD 19 per share,a discount on the USD 31 offering price,Blackstone's share value has subsequently halved.

  11. A causality between fund performance and stock market

    Science.gov (United States)

    Kim, Ho-Yong; Kwon, Okyu; Oh, Gabjin

    2016-02-01

    We investigate whether the characteristic fund performance indicators (FPI), such as the fund return, the Net asset value (NAV) and the cash flow, are correlated with the asset price movement using information flows estimated by the Granger causality test. First, we find that the information flow of FPI is most sensitive to extreme events of the Korean stock market, which include negative events such as the sub-prime crisis and the impact of QE (quantitative easing) by the US subprime and Europe financial crisis as well as the positive events of the golden period of Korean Composite Stock Price Index (KOSPI), except for the fund cash flow. Second, both the fund return and the NAV exhibit significant correlations with the KOSPI, whereas the cash flow is not correlated with the stock market. This result suggests that the information resulting from the ability of the fund manager should influence stock market. Finally, during market crisis period, information flows between FPI and the Korean stock market are significantly positively correlated with the market volatility.

  12. FY 1983 Funding for ocean drilling

    Science.gov (United States)

    Richman, Barbara T.

    Proposed funding for scientific ocean drilling within the National Science Foundation (NSF) in fiscal 1983 totals $14 million, $6 million less than the current fiscal 1982 plan and about half of the original FY 1982 budget request of $26 million. However, there is more to these numbers than simple subtraction: Additional funding for scientific ocean drilling programs is on hold while decisions are being made about a future drilling program called Advanced Ocean Drilling (AOD).With the demise of the Ocean Margin Drilling Program (OMDP) when industry withdrew its support (Eos, October 20, 1981, p. 705) and with the Deep Sea Drilling Project (DSDP) long ago scheduled to end in fiscal 1983, the future for scientific ocean drilling within NSF was uncertain. To steer ocean drilling toward scientific objectives for the decade, the Conference on Scientific Ocean Drilling (COSOD) (Eos, December 22, 1981, p. 1197) examined four ocean drilling options and decided that the Glomar Explorer, converted to the current capabilities of the DSDP mainstay Glomar Challenger (i.e., without riser and well-control technologies), would meet scientific objectives through the decade. In December, the National Research Council's Committee on Ocean Margin Drilling came to the identical conclusion in its interim report. Both of these decisions were based solely on scientific merit and did not consider costs.

  13. Essays on hedge fund performance and risk

    OpenAIRE

    Joenväärä, J. (Juha)

    2010-01-01

    Abstract This doctoral thesis aims to contribute to the literature on hedge fund performance and risk by conducting four interrelated essays. The first two essays measure and predict hedge fund performance using novel methodologies based on recent development in portfolio choice techniques. This new way to evaluate fund performance relies on economic theory and robust econometric principles. The first essay exploits hedge fund characteristics in order to pick right funds into a portfolio, ...

  14. Performance persistence in institutional investment management: The case of Chinese equity funds

    Directory of Open Access Journals (Sweden)

    Zia-ur-Rehman Rao

    2016-09-01

    Full Text Available This paper investigates the performance and persistence in performance of equity funds in China. We apply the capital asset pricing model (CAPM and the Carhart four-factor model to examine 520 equity funds for an eleven-year period with 39,449 observations. To investigate persistence, the entire sample is divided into ten portfolios (deciles on the basis of lagged one-year performance and then observed over the next 12 months. We find that equity funds in China outperform their benchmark market but do not find any evidence of persistence in the performance of equity funds. Top-performing (worst-performing funds do not continue to perform well (worse in the following year. Top-performing funds are younger and have lower expense ratios than the worst-performing funds. However, the size of the top-performing funds and the worst-performing funds show no significant difference. Our results suggest that past performance of equity funds is not predictive of future fund performance.

  15. Statistical analyses of the performance of Macedonian investment and pension funds

    Directory of Open Access Journals (Sweden)

    Petar Taleski

    2015-10-01

    Full Text Available The foundation of the post-modern portfolio theory is creating a portfolio based on a desired target return. This specifically applies to the performance of investment and pension funds that provide a rate of return meeting payment requirements from investment funds. A desired target return is the goal of an investment or pension fund. It is the primary benchmark used to measure performances, dynamic monitoring and evaluation of the risk–return ratio on investment funds. The analysis in this paper is based on monthly returns of Macedonian investment and pension funds (June 2011 - June 2014. Such analysis utilizes the basic, but highly informative statistical characteristic moments like skewness, kurtosis, Jarque–Bera, and Chebyishev’s Inequality. The objective of this study is to perform a trough analysis, utilizing the above mentioned and other types of statistical techniques (Sharpe, Sortino, omega, upside potential, Calmar, Sterling to draw relevant conclusions regarding the risks and characteristic moments in Macedonian investment and pension funds. Pension funds are the second largest segment of the financial system, and has great potential for further growth due to constant inflows from pension insurance. The importance of investment funds for the financial system in the Republic of Macedonia is still small, although open-end investment funds have been the fastest growing segment of the financial system. Statistical analysis has shown that pension funds have delivered a significantly positive volatility-adjusted risk premium in the analyzed period more so than investment funds.

  16. CTE Funding: An Uphill Battle

    Science.gov (United States)

    Baxter, Jamie

    2012-01-01

    For the last decade, career and technical education (CTE) funding has seen some ups, but mostly downs. While it received a modest increase in 2002, that increase was swept away in 2008 due to across-the-board cuts. It was difficult for CTE to receive another increase in the early 2000s because every year the Bush Administration proposed to either…

  17. Measuring Inequity in School Funding

    Science.gov (United States)

    Epstein, Diana

    2011-01-01

    Low-income children tend to be concentrated in low-income school districts, and these children often attend schools that receive far fewer resources per pupil despite their greater need. Since education is primarily a state responsibility, more than 90 percent of school funding comes from state and local sources, and the federal government…

  18. Amazon Fund: financing deforestation avoidance

    Directory of Open Access Journals (Sweden)

    Jacques Marcovitch

    2014-06-01

    Full Text Available The Amazon Fund, created in 2008 by the Brazilian Federal Government, is managed by Banco Nacional de Desenvolvimento Econômico e Social (BNDES. It is a pioneering initiative to fundraise and manage financial resources to cut back deforestation and support sustainable development for 30 million inhabitants in the Amazon Biome. The Amazon Fund has already received more than R$ 1.7 billion in grants (about USD 787 million. This essay analyzes the Amazon Fund's governance and management with focus on its operation and from its stakeholders' perspectives. A combination of research methods includes: documental research, in-depth interviews, and speech analysis. The study offers a comparative analysis of strengths and weaknesses related to its governance. Furthermore, it proposes ways to improve its management towards greater effectiveness. The essay also includes an assessment of the government of Norway, a major donor to the fund. The governments of Norway and Germany, in partnership with Brazil, reveal how important it is to experiment with new means of international cooperation to successfully reduce greenhouse gas emissions through rainforest preservation.

  19. School Funding System and Equity

    Science.gov (United States)

    Tabatadze, Shalva; Gorgadze, Natia

    2014-01-01

    The aim of this research is to study the effectiveness of general education funding system from the perspective of equal and equal educational opportunities for all in Georgia. Following the objective, the research aimed to respond three main research questions: 1. is the school financing formula effective and efficient enough to be administrated…

  20. The sustainability of green funds

    NARCIS (Netherlands)

    Scholtens, B.

    2011-01-01

    This paper analyses the performance of the Dutch "Green Funds Scheme". This scheme is a policy instrument to advance green projects. The scheme relies on tax compensation for private investors who save or invest in green institutions below market returns. The green institutions select and monitor ce

  1. Radical review of NHS funding.

    Science.gov (United States)

    1988-02-06

    The Government is to carry out a radical review of the way the NHS is funded, Prime Minister Margaret Thatcher confirmed last week. And she hinted that she herself would be taking a leading role in drawing up proposals for reform.

  2. Programs Suffer Cuts in Funding

    Science.gov (United States)

    Klein, Alyson

    2011-01-01

    More than a dozen education programs--including high-profile efforts focused on literacy, teaching, and learning--face the prospect of a permanent federal funding loss after they were chopped from a stopgap spending measure signed into law by President Barack Obama last week. The temporary spending law, intended to keep the government running…

  3. Health workforce responses to global health initiatives funding: a comparison of Malawi and Zambia

    NARCIS (Netherlands)

    R. Brugha; J. Kadzandira; J. Simbaya; P. Dicker; V. Mwapasa; A. Walsh

    2010-01-01

    Background Shortages of health workers are obstacles to utilising global health initiative (GHI) funds effectively in Africa. This paper reports and analyses two countries' health workforce responses during a period of large increases in GHI funds. Methods Health facility record reviews were conduct

  4. Mutual Funds and Information Diffusion: The Role of Country-Level Governance

    NARCIS (Netherlands)

    C. Lin (Chunmei); M. Massa (Massimo); H. Zhang (Hong)

    2014-01-01

    markdownabstract__Abstract__ We hypothesize that poor country-level governance, which makes public information less reliable, induces fund managers to increase their use of semi-public information. Utilizing data from international mutual funds and stocks over the 2000-2009 period, we find that sem

  5. Do social factors influence investment behavior and performance? Evidence from mutual fund holdings

    NARCIS (Netherlands)

    Borgers, Arian; Derwall, J.M.M.; Koedijk, Kees; ter Horst, Jenke

    2015-01-01

    We study the economic significance of social dimensions in investment decisions by analyzing the holdings of U.S. equity mutual funds over the period 2004-2012. Using these holdings, we measure funds' exposures to socially sensitive stocks in order to answer two questions. What explains cross-sectio

  6. Do social factors influence investment behavior and performance? Evidence from mutual fund holdings

    NARCIS (Netherlands)

    Borgers, Arian; Derwall, J.M.M.; Koedijk, Kees; ter Horst, Jenke

    We study the economic significance of social dimensions in investment decisions by analyzing the holdings of U.S. equity mutual funds over the period 2004-2012. Using these holdings, we measure funds' exposures to socially sensitive stocks in order to answer two questions. What explains

  7. Measuring and explaining implicit risk sharing in defined benefit pension funds

    NARCIS (Netherlands)

    Bikker, J.A.; Knaap, T.; Romp, W.E.

    2014-01-01

    This article investigates responses to changes in solvency by occupational pension funds using a unique panel data set containing the balance sheets of all registered pension funds in the Netherlands over a period of 13 years (1993-2005). A fixed discount rate for liabilities in the supervisory fram

  8. The NIH R03 Award: An Initial Funding Step for Social Work Researchers

    Science.gov (United States)

    Langhorst, Diane M.; Svikis, Dace S.

    2007-01-01

    Social workers in academic and agency settings have the opportunity to do funded research using the National Institutes of Health (NIH) R03 small grant mechanism designed for discrete, clearly defined projects that can be completed within a 1- to 2-year time period with limited funding. This article describes the R03 mechanism and provides a guide…

  9. Survival, Look-Ahead Bias and the Persistence in Hedge Fund Performance

    NARCIS (Netherlands)

    G. Baquero; J.R. ter Horst (Jenke); M.J.C.M. Verbeek (Marno)

    2005-01-01

    textabstractWe analyze the performance persistence in hedge funds taking into account look-ahead bias (multi-period sampling bias). We model liquidation of hedge funds by analyzing how it depends upon historical performance. Next, we use a weighting procedure that eliminates look-ahead bias in measu

  10. 39 CFR 3060.43 - Annual transfer from competitive products fund to Postal Service fund.

    Science.gov (United States)

    2010-07-01

    ... 39 Postal Service 1 2010-07-01 2010-07-01 false Annual transfer from competitive products fund to... transfer from competitive products fund to Postal Service fund. (a) The Postal Service must on an annual... Products Fund to the Postal Service Fund. (b) If the assumed taxable income from competitive products for...

  11. 78 FR 14594 - Forward Funds, et al.; Notice of Application

    Science.gov (United States)

    2013-03-06

    ... concerns about undue influence by a fund of funds over underlying funds, excessive layering of fees, and... arrangement will not result in the exercise of undue influence by an Investing Fund or an Investing Fund... potential for undue influence over the Funds, including that no Investing Fund or Investing Fund Affiliate...

  12. GOVERNING BOARD OF THE PENSION FUND

    CERN Multimedia

    2002-01-01

    The Governing Board held its hundred-and-tenth and hundred-and-eleventh meetings on 3 September and 2 October respectively. At the first of these meetings, the Governing Board first heard a report presented by B. Strange and F.-X. Douin of JPMorgan Fleming Asset Management on currency overlay. This system has been in operation since 1997 and has fully achieved its objective of allowing the Fund to diversify its investment positions outside Switzerland while reducing portfolio risk. Although the implementation of this currency overlay policy has resulted in substantial disbursements in the first few years, cashflow over the whole period and especially since the weakening of the dollar has been positive. The Governing Board, on the basis of a proposal by the Investment Committee, will have to take a decision on the average level of overlay to be maintained for the Fund's assets. The ordinary meeting held on the afternoon of the same day was mainly devoted to the examination of a number of technical amendments t...

  13. European funding for environment and mobility

    Directory of Open Access Journals (Sweden)

    Michele Macaluso

    2012-07-01

    Full Text Available The "Guide on the European Programmes Funding for Energy, the Environment and Sustainable Mobility" is an overview of the most significant European funding programs (in the period 2007-2013 to promote the territory and mobility. The programs are aimed at financial measures and measures of environmental policy and governance, information and communication, product development, technical and research activities aimed at reducing CO2 emissions, reducing road congestion and pollution, for example by promoting media greener transport for the traffic of European goods. The total resources made ​​available by the programs is around 14 billion of euros, with financing arrangements and beneficiaries belonging to different geographical areas, including Italy and the Mediterranean. A peculiarity of these programs is to provide for notices (these calls usually published on an annual/six monthly, which allow recipients to plan participation in the call later. These programs represent an opportunity for developing regions, such as the Southern Regions “Mezzogiorno”, who need more support to align with the average levels of growth in Europe. The complete guide, was presented by ANCE (National Association of Builders and RENAEL (National Network of Local Energy Agencies, March 22, 2012, during EnergyMed (Exhibition and Conference on Renewable Sources and Energy Efficiency that held annually in Naples.

  14. TAX PLANNING BY MUTUAL FUNDS: EVIDENCE FROM CHANGES IN THE CAPITAL GAINS TAX RATE

    OpenAIRE

    Chen, Feng; Kraft, Arthur; Weiss, Ira

    2011-01-01

    We investigate whether mutual funds engage in tax planning by testing how they respond to changes in the capital gains tax rates. While previous evidence suggests that individual investors time capital gains realizations, mutual fund managers may not tax plan like individuals because fund managers have incentives to consider the tax liability of both current and potential investors. Our analysis spans over 44 years and six major tax changes, allowing us to examine the effects of both tax rate...

  15. Maintaining Diversity: Strategic Plans as a Basis for Funding.

    Science.gov (United States)

    Pratt, John; Locke, Michael

    1994-01-01

    The feasibility of a university funding system for the United Kingdom that allocates resources based on institutional strategic plans is discussed. The plan is proposed as an alternative to current policy, which encourages uniformity rather than the institutional diversity mandated by the government. (MSE)

  16. Funds for Peace? Examining the Transformative Potential of Social Funds

    Directory of Open Access Journals (Sweden)

    Richard Mallett

    2013-09-01

    Full Text Available Social funds and large-scale community driven development (CDD programmes are a popular policy instrument in post-conflict situations. This is partly because they are seen to alleviate pressure on governments to deliver development and reconstruction outcomes by transferring resources and responsibilities to community actors. However, part of their popularity can also be explained by claims that social funds and CDD programmes have the (transformative potential to generate impacts beyond meeting basic needs, such as creating more peaceful societies at the local level and promoting trust in government. Drawing on a rigorous, evidence focused literature review, which began with researchers following a formal systematic review protocol, this practice note assesses the performance of 13 programmes against three distinct sets of impact indicators: (i incomes, enterprise and access to services; (ii social cohesion, stability and violence; and (iii state-society relations. It is concluded that, although our understanding of the effectiveness of social funds and CDD in conflict-affected environments is limited by a low number of rigorous evaluations across a diverse range of contexts, as well as by an insufficient investigation of the relevant causal mechanisms, the findings so far suggest cause for cautious optimism.

  17. Pay as you Go System versus Fully Funded Pension in Peru

    Directory of Open Access Journals (Sweden)

    Jorge B. Guillén

    2013-06-01

    Full Text Available The following paper analyses the sustainability of the Peruvian “Pay as You Go System” which is provided by the Government. In Peru, the “Pay as you Go System” coexists with Private Pension Funds or “Fully Funded Pension”. Sometimes both systems compete with each other with advantages and disadvantages between them. We found that “Pay as You Go System” cannot be sustainable over a long period of time. In addition, based on a comparative analysis of advantages and disadvantages, we propose some recommendations to make Private Pension Funds (Fully Funded Pension the best alternative to Pay as You Go System.

  18. The Regional and Local Distribution of Funds Allocated by the European Agricultural Fund for Rural Development in Romania

    Directory of Open Access Journals (Sweden)

    ALINA-MIRELA MARCU

    2013-01-01

    Full Text Available The objective of this study is to present and analyze the regional and local distribution of the funds allocated by the European Agricultural Fund for Rural Development (EAFRD, European fund that finances rural development in Romania, in the post-accession period. This financing instrument was created by the European Union with the order to continue the main directions of investment of Special Pre-Accession Programme for Agriculture and Rural Development (SAPARD. As a member state of the European Union, Romania observes the principles of the Common Agricultural Policy (CAP while the development of the Romanian rural area for the programming period 2007-2013 is supported by the European Community through the National Rural Development Programme (RDP. This approach pays special attention to improving the quality of life in rural areas and the diversification of the rural economy because local communities in Romania have experienced some changes in this period, while accessing EAFRD funds contributed to increased regional disparities between developed and poor areas.

  19. Researchers’ Adoption of an Institutional Central Fund for Open-Access Article-Processing Charges

    Directory of Open Access Journals (Sweden)

    Stephen Pinfield

    2016-01-01

    Full Text Available This article analyzes researchers’ adoption of an institutional central fund (or faculty publication fund for open-access (OA article-processing charges (APCs to contribute to a wider understanding of take-up of OA journal publishing (“Gold” OA. Quantitative data, recording central fund usage at the University of Nottingham from 2006 to 2014, are analyzed alongside qualitative data from institutional documentation. The importance of the settings of U.K. national policy developments and international OA adoption trends are considered. Innovation Diffusion Theory (IDT is used as an explanatory framework. It is shown that use of the central fund grew during the period from covering less than 1% of the University’s outputs to more than 12%. Health and Life Sciences disciplines made greatest use of the fund. Although highly variable, average APC prices rose during the period, with fully OA publishers setting lower average APCs. APCs were paid largely from internal funds, but external funding became increasingly important. Key factors in adoption are identified to be increasing awareness and changing perceptions of OA, communication, disciplinary differences, and adoption mandates. The study provides a detailed longitudinal analysis of one of the earliest central funds to be established globally with a theoretically informed explanatory model to inform future work on managing central funds and developing institutional and national OA policies.

  20. Analisis Kinerja 14 Reksa Dana Saham Terbaik Periode 2010

    Directory of Open Access Journals (Sweden)

    Yen Sun

    2011-04-01

    using Sharpe, Treynor to find which mutual fund outperform the market. Also, each method will result rank of the best mutual fund. Furthermore, there is one more method will be used in performance evaluation, Jensen. The result of this study is there are two mutual funds that can be recommended for investment in 2011, they are Panin Dana Maksima and Panin Dana Prima. They are recommended because the two mutual funds showed the best performance for those three methods of evaluation and they can maintain their performance for more than one period.

  1. Program development fund: FY 1987

    Energy Technology Data Exchange (ETDEWEB)

    1989-03-01

    It is the objective of the Fund to encourage innovative research to maintain the Laboratory's position at the forefront of science. Funds are used to explore new ideas and concepts that may potentially develop into new directions of research for the Laboratory and that are consistent with the major needs, overall goals, and mission of the Laboratory and the DOE. The types of projects eligible for support from PDF include: work in forefront areas of science and technology for the primary purpose of enriching Laboratory research and development capabilities; advanced study of new hypotheses, new experimental concepts, or innovative approaches to energy problems; experiments directed toward ''proof of principle'' or early determination of the utility of a new concept; and conception, design analyses, and development of experimental devices, instruments, or components. This report is a review of these research programs.

  2. Governing Board of the Pension Fund

    CERN Multimedia

    2004-01-01

    At its one-hundred-and-twenty-fifth meeting on 1st June 2004, the Governing Board of the Pension Fund heard a report by J.-P. Matheys, Chairman of the working group responsible for examining the consequences of the death of a beneficiary of a deferred pension and of changes to the composition of a beneficiary's family, on the group's second meeting which had taken place that morning. The group had concluded that the Pension Fund Rules and Regulations clearly established the right of a surviving spouse to a pension in the event of the death of a beneficiary of a deferred pension. In such a case, entitlement to a surviving spouse's pension takes effect immediately after the death of the beneficiary and no actuarial reduction is applicable. This conclusion, which has been confirmed by the Legal Service, derives clearly and unambiguously from the current Rules and Regulations, which therefore do not require amendment. The Board indicated its formal agreement with this interpretation. Concerning the second subj...

  3. The funding landscape for HIV in Asia and the Pacific

    Directory of Open Access Journals (Sweden)

    Robyn M Stuart

    2015-11-01

    Full Text Available Introduction: Despite recent and robust economic growth across the Asia-Pacific region, the majority of low- and middle-income countries in the region remain dependent on some donor support for HIV programmes. We describe the availability of bilateral and multilateral official development assistance (ODA for HIV programmes in the region. Methods: The donor countries considered in this analysis are Australia, Canada, Denmark, France, Germany, Netherlands, Norway, Sweden, the United Kingdom and the United States. To estimate bilateral and multilateral ODA financing for HIV programmes in the Asia-Pacific region between 2004 and 2013, we obtained funding data from the Organisation for Economic Co-operation and Development Creditor Reporting System database. Where possible, we checked these amounts against the funding data available from government aid agencies. Estimates of multilateral ODA financing for HIV/AIDS were based on the country allocations announcement by the Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund for the period 2014 to 2016. Results: Countries in the Asia-Pacific region receive the largest share of aid for HIV from the Global Fund. Bilateral funding for HIV in the region has been relatively stable over the last decade and is projected to remain below 10% of the worldwide response to the epidemic. Bilateral donors continue to prioritize ODA for HIV to other regions, particularly sub-Saharan Africa; Australia is an exception in prioritizing the Asia-Pacific region, but the United States is the bilateral donor providing the greatest amount of assistance in the region. Funding from the Global Fund has increased consistently since 2005, reaching a total of US$1.2 billion for the Asia-Pacific region from 2014 to 2016. Conclusions: Even with Global Fund allocations, countries in the Asia-Pacific region will not have enough resources to meet their epidemiological targets. Prevention funding is particularly

  4. International Oil Pollution Compensation Fund

    Energy Technology Data Exchange (ETDEWEB)

    1979-11-01

    The International Oil Pollution Compensation Fund was established under a 1971 Intergovernmental Maritime Consultative Organization Convention to supplement the 1969 Civil Liability Convention (CLC) under which shipowners were held liable for damage caused by oil spills up to $18 million per incident; the new fund increases the amount payable per incident to $57 million as of April 1979. A further increase up to about $76 million is now under consideration. During 1979, the Fund has been concerned in particular with claims arising out of oil spills in Japan and the Baltic Sea. In the former case, some 540 tons of oil was lost by Miya Maru No. 8 after a collision in March 1979 in the Japanese Inland Sea; cleanup costs and compensation to fishermen were about (pound sterling)400,000. In the latter phase, crude oil apparently coming from the Russian tanker Antonio Gramsci, which grounded off Ventspils in February 1979, drifted across the Baltic and was trapped in or under the ice. After the ice melted, it spread to more than 2000 islands in the Swedish Archipelaso; cleanup measures may result in claims as high as (pound sterling) 8 million.

  5. Grant-Writing Pearls and Pitfalls: Maximizing Funding Opportunities.

    Science.gov (United States)

    Liu, Jeffrey C; Pynnonen, Melissa A; St John, Maie; Rosenthal, Eben L; Couch, Marion E; Schmalbach, Cecelia E

    2016-02-01

    This invited article reviews the grant process to include the following objectives: (1) to provide an understanding of otolaryngology funding mechanisms in the context of career progression; (2) to outline key components of a well-written grant; (3) to highlight vital members of a successful research team, with emphasis on the mentor-mentee relationship; and (4) to clarify grant scoring with emphasis on common pitfalls to avoid. Current otolaryngology funding mechanisms and up-to-date resources are provided. The review is aimed to assist otolaryngology residents, faculty new to the grant process, as well as experienced researchers striving to improve their grant review scores.

  6. Expected benefits of federally-funded thermal energy storage research

    Energy Technology Data Exchange (ETDEWEB)

    Spanner, G E; Daellenbach, K K; Hughes, K R; Brown, D R; Drost, M K

    1992-09-01

    Pacific Northwest Laboratory (PNL) conducted this study for the Office of Advanced Utility Concepts of the US Department of Energy (DOE). The objective of this study was to develop a series of graphs that depict the long-term benefits of continuing DOE's thermal energy storage (TES) research program in four sectors: building heating, building cooling, utility power production, and transportation. The study was conducted in three steps- The first step was to assess the maximum possible benefits technically achievable in each sector. In some sectors, the maximum benefit was determined by a supply side'' limitation, and in other sectors, the maximum benefit is determined by a demand side'' limitation. The second step was to apply economic cost and diffusion models to estimate the benefits that are likely to be achieved by TES under two scenarios: (1) with continuing DOE funding of TES research, and (2) without continued funding. The models all cover the 20-year period from 1990 to 2010. The third step was to prepare graphs that show the maximum technical benefits achievable, the estimated benefits with TES research funding, and the estimated benefits in the absence of TES research funding. The benefits of federally-funded TES research are largely in four areas: displacement of primary energy, displacement of oil and natural gas, reduction in peak electric loads, and emissions reductions.

  7. Expected benefits of federally-funded thermal energy storage research

    Energy Technology Data Exchange (ETDEWEB)

    Spanner, G.E.; Daellenbach, K.K.; Hughes, K.R.; Brown, D.R.; Drost, M.K.

    1992-09-01

    Pacific Northwest Laboratory (PNL) conducted this study for the Office of Advanced Utility Concepts of the US Department of Energy (DOE). The objective of this study was to develop a series of graphs that depict the long-term benefits of continuing DOE`s thermal energy storage (TES) research program in four sectors: building heating, building cooling, utility power production, and transportation. The study was conducted in three steps- The first step was to assess the maximum possible benefits technically achievable in each sector. In some sectors, the maximum benefit was determined by a ``supply side`` limitation, and in other sectors, the maximum benefit is determined by a ``demand side`` limitation. The second step was to apply economic cost and diffusion models to estimate the benefits that are likely to be achieved by TES under two scenarios: (1) with continuing DOE funding of TES research, and (2) without continued funding. The models all cover the 20-year period from 1990 to 2010. The third step was to prepare graphs that show the maximum technical benefits achievable, the estimated benefits with TES research funding, and the estimated benefits in the absence of TES research funding. The benefits of federally-funded TES research are largely in four areas: displacement of primary energy, displacement of oil and natural gas, reduction in peak electric loads, and emissions reductions.

  8. Manager-Investor Conflicts in Mutual Funds

    National Research Council Canada - National Science Library

    Mahoney, Paul G

    2004-01-01

    .... After providing some basic institutional details, it focuses on the cash flows from mutual fund investors to fund managers, brokers, and other third parties and the associated conflicts of interest...

  9. Peer review, program officers and science funding.

    Directory of Open Access Journals (Sweden)

    Paul J Roebber

    Full Text Available Increased competition for research funding has led to growth in proposal submissions and lower funding-success rates. An agent-based model of the funding cycle, accounting for variations in program officer and reviewer behaviors, for a range of funding rates, is used to assess the efficiency of different proposal-submission strategies. Program officers who use more reviewers and require consensus can improve the chances of scientists submitting fewer proposals. Selfish or negligent reviewers reduce the effectiveness of submitting more proposals, but have less influence as available funding declines. Policies designed to decrease proposal submissions reduce reviewer workload, but can lower the quality of funded proposals. When available funding falls below 10-15% in this model, the most effective strategy for scientists to maintain funding is to submit many proposals.

  10. Mutual Fund Flight-to-Liquidity

    DEFF Research Database (Denmark)

    Rzeznik, Aleksandra

    of their portfolio towards more liquid assets in order to meet potential redemptions. This causal chain is consistent with Vayanos (2004), who argues that fund managers are investors with time-varying liquidity preferences due to threat of withdrawal. Aggregated over funds, the effect is substantial: a one standard......This paper examines the liquidity choices of mutual funds during times of market uncertainty. I find that when markets are uncertain, mutual funds actively increase the liquidity of their portfolio { often referred to as a `flight-to-liquidity.' In aggregate, mutual fund behaviour has implications...... for the market; the market driven flight-toliquidity places upward pressure on the liquidity premium. I examine the underlying mechanisms driving fund behaviour. I show that market volatility is associated with lower fund performance and withdrawals, which causes funds to adjust the composition...

  11. Following the funding trail: financing, nurses and teamwork in Australian general practice.

    NARCIS (Netherlands)

    Pearce, C.; Phillips, C.; Hall, S.; Sibbald, B.S.; Porritt, J.; Yates, R.; Dwan, K.; Kljakovic, M.

    2011-01-01

    BACKGROUND: Across the globe the emphasis on roles and responsibilities of primary care teams is under scrutiny. This paper begins with a review of general practice financing in Australia, and how nurses are currently funded. We then examine the influence on funding structures on the role of the nur

  12. Following the funding trail: financing, nurses and teamwork in Australian general practice.

    NARCIS (Netherlands)

    Pearce, C.; Phillips, C.; Hall, S.; Sibbald, B.S.; Porritt, J.; Yates, R.; Dwan, K.; Kljakovic, M.

    2011-01-01

    BACKGROUND: Across the globe the emphasis on roles and responsibilities of primary care teams is under scrutiny. This paper begins with a review of general practice financing in Australia, and how nurses are currently funded. We then examine the influence on funding structures on the role of the

  13. The Investment Strategies of Sovereign Wealth Funds

    OpenAIRE

    2009-01-01

    Sovereign wealth funds have emerged as major investors in corporate and real resources worldwide. After an overview of their magnitude, we consider the institutional arrangements under which many of the sovereign wealth funds operate. We focus on a specific set of agency problems that is of first-order importance for these funds: that is, the direct involvement of political leaders in the management process. We show that sovereign wealth funds with greater involvement of political leaders in ...

  14. Evaluating and Investing in Equity Mutual Funds

    OpenAIRE

    2000-01-01

    Our framework for evaluating and investing in mutual funds combines observed returns on funds and passive assets with prior beliefs that distinguish pricing-model inaccuracy from managerial skill. A fund's alpha' is defined using passive benchmarks. We show that returns on non-benchmark passive assets help estimate that alpha more precisely for most funds. The resulting estimates generally vary less than standard estimates across alternative benchmark specifications. Optimal portfolios constr...

  15. Pension Funding in the Public Sector

    OpenAIRE

    Olivia S. Mitchell; Smith, Robert S.

    1991-01-01

    This paper explores the determinants of pension funding in the public sector. We formulate and test several hypotheses about the determinants of public employer pension funding practices, using a new data set describing financial and other characteristics of state, local, and teacher plans. The data show that, on average, public sector pension plans were relatively well-funded during the late 1980s. There were, however, wide variations in funding practices in our sample. Our analysis of these...

  16. 75 FR 41836 - Waiver and Extension of Project Period

    Science.gov (United States)

    2010-07-19

    ... Waiver and Extension of Project Period AGENCY: Office of Innovation and Improvement. ACTION: Notice of waiver and extension of project period. SUMMARY: The Secretary waives the requirements in 34 CFR 75.261(c... prohibits any project period extensions involving the obligation of additional Federal funds. A waiver of...

  17. 75 FR 75376 - Capital Magnet Fund

    Science.gov (United States)

    2010-12-03

    ... capacity of financial institutions to provide capital, credit and financial services in underserved markets... Community Development Financial Institutions Fund 12 CFR Part 1807 RIN 1559-AA00 Capital Magnet Fund AGENCY: Community Development Financial Institutions Fund, Department of the Treasury. ACTION: Interim rule...

  18. 22 CFR 20.2 - Funding.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Funding. 20.2 Section 20.2 Foreign Relations DEPARTMENT OF STATE PERSONNEL BENEFITS FOR CERTAIN FORMER SPOUSES § 20.2 Funding. Benefits under this part are paid from the Fund maintained by the Secretary of the Treasury pursuant to section 802 of the...

  19. 13 CFR 130.500 - Funding.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Funding. 130.500 Section 130.500 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION SMALL BUSINESS DEVELOPMENT CENTERS § 130.500 Funding. The SBA funds Cooperative Agreements through its internal Letter of Credit Replacement...

  20. 24 CFR 965.403 - Funding.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Funding. 965.403 Section 965.403....403 Funding. The cost to change mastermeter systems to individual metering of resident consumption... this purpose, such costs are eligible for inclusion in a modernization project or for funding from...

  1. 7 CFR 281.9 - Funding.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Funding. 281.9 Section 281.9 Agriculture Regulations of the Department of Agriculture (Continued) FOOD AND NUTRITION SERVICE, DEPARTMENT OF AGRICULTURE... RESERVATIONS § 281.9 Funding. (a) Agency of State government. From the funds available to carry out...

  2. 32 CFR 239.8 - Funding.

    Science.gov (United States)

    2010-07-01

    ... 32 National Defense 2 2010-07-01 2010-07-01 false Funding. 239.8 Section 239.8 National Defense Department of Defense (Continued) OFFICE OF THE SECRETARY OF DEFENSE (CONTINUED) MISCELLANEOUS HOMEOWNERS ASSISTANCE PROGRAM-APPLICATION PROCESSING § 239.8 Funding. (a) Revolving Fund Account. The revolving...

  3. 28 CFR 551.36 - Funding.

    Science.gov (United States)

    2010-07-01

    ... 28 Judicial Administration 2 2010-07-01 2010-07-01 false Funding. 551.36 Section 551.36 Judicial Administration BUREAU OF PRISONS, DEPARTMENT OF JUSTICE INSTITUTIONAL MANAGEMENT MISCELLANEOUS Inmate Organizations § 551.36 Funding. The Bureau of Prisons may fund approved activities of inmate organizations...

  4. 46 CFR 385.38 - Joint funding.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Joint funding. 385.38 Section 385.38 Shipping MARITIME... AGREEMENTS REGULATIONS General Policies § 385.38 Joint funding. (a) Pursuant to section 10(c) of the Act, MarAd is authorized to participate in joint funded projects with other Federal agencies in any...

  5. 7 CFR 285.2 - Funding.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Funding. 285.2 Section 285.2 Agriculture Regulations... OF PUERTO RICO § 285.2 Funding. (a) FNS shall, consistent with the plan of operation required by... nutrition assistance program eligible for funding, whichever is less, for that fiscal year. (c) FNS...

  6. 7 CFR 282.2 - Funding.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Funding. 282.2 Section 282.2 Agriculture Regulations... Funding. Federal financial participation may be made available to demonstration, research, and evaluation... approval. Funding for additional costs is subject to existing Federal grant and contract procedures....

  7. 7 CFR 4280.110 - Grant funding.

    Science.gov (United States)

    2010-01-01

    ...-kind contributions are acceptable in accordance with 7 CFR part 3015 of this title. (2) Passive third... 7 Agriculture 15 2010-01-01 2010-01-01 false Grant funding. 4280.110 Section 4280.110 Agriculture... Improvements Program Section A. Grants § 4280.110 Grant funding. (a) The amount of grant funds that will...

  8. 7 CFR 227.5 - Program funding.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 4 2010-01-01 2010-01-01 false Program funding. 227.5 Section 227.5 Agriculture... CHILD NUTRITION PROGRAMS NUTRITION EDUCATION AND TRAINING PROGRAM General § 227.5 Program funding. (a... agencies shall maintain their present level of funding for existing nutrition education and...

  9. 14 CFR 1260.53 - Incremental funding.

    Science.gov (United States)

    2010-01-01

    ... 14 Aeronautics and Space 5 2010-01-01 2010-01-01 false Incremental funding. 1260.53 Section 1260.53 Aeronautics and Space NATIONAL AERONAUTICS AND SPACE ADMINISTRATION GRANTS AND COOPERATIVE AGREEMENTS General Special Conditions § 1260.53 Incremental funding. Incremental Funding October 2000...

  10. 40 CFR 35.272 - Funding coordination.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Funding coordination. 35.272 Section 35.272 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY GRANTS AND OTHER FEDERAL ASSISTANCE....272 Funding coordination. Recipients must use the lead-based paint program funding in a way...

  11. 40 CFR 35.691 - Funding coordination.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Funding coordination. 35.691 Section 35.691 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY GRANTS AND OTHER FEDERAL ASSISTANCE...(g)) § 35.691 Funding coordination. Recipients must use the Lead-Based Paint program funding in a...

  12. A Brief History of California School Funding

    Science.gov (United States)

    Canfield, Jacquie

    2013-01-01

    In January 2013, the governor proposed a new funding model for California school districts called the Local Control Funding Formula. As the Legislature debates the proposed new funding model for schools, which is expected to start in the 2013-14 fiscal year, the author thought it would be a good time for a history lesson in California school…

  13. 28 CFR 33.20 - Fund availability.

    Science.gov (United States)

    2010-07-01

    ... 28 Judicial Administration 1 2010-07-01 2010-07-01 false Fund availability. 33.20 Section 33.20 Judicial Administration DEPARTMENT OF JUSTICE BUREAU OF JUSTICE ASSISTANCE GRANT PROGRAMS Criminal Justice Block Grants Allocation of Funds § 33.20 Fund availability. Section 407(a) of the Justice Assistance...

  14. 11 CFR 100.33 - Personal funds.

    Science.gov (United States)

    2010-01-01

    ... 11 Federal Elections 1 2010-01-01 2010-01-01 false Personal funds. 100.33 Section 100.33 Federal....33 Personal funds. Personal funds of a candidate means the sum of all of the following: (a) Assets... which the candidate is the beneficiary; (6) Gifts of a personal nature that had been...

  15. 28 CFR 23.30 - Funding guidelines.

    Science.gov (United States)

    2010-07-01

    ... 28 Judicial Administration 1 2010-07-01 2010-07-01 false Funding guidelines. 23.30 Section 23.30 Judicial Administration DEPARTMENT OF JUSTICE CRIMINAL INTELLIGENCE SYSTEMS OPERATING POLICIES § 23.30 Funding guidelines. The following funding guidelines shall apply to all Crime Control Act...

  16. Overseas Contingency Operations Funding: Background and Status

    Science.gov (United States)

    2017-02-07

    Operations Funding: Background and Status Congressional Research Service Summary The Department of Defense (DOD) estimates that through FY2016...Contingency Operations Funding: Background and Status Congressional Research Service Contents Introduction...Contingency Operations Funding: Background and Status Congressional Research Service 2 budget to which government financiers increasingly turn to

  17. 40 CFR 280.102 - Trust fund.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 26 2010-07-01 2010-07-01 false Trust fund. 280.102 Section 280.102...) Financial Responsibility § 280.102 Trust fund. (a) An owner or operator may satisfy the requirements of § 280.93 by establishing a trust fund that conforms to the requirements of this section. The...

  18. Procyclicality of pension fund regulation and behaviour

    NARCIS (Netherlands)

    W.E. Romp

    2013-01-01

    This paper studies the labour market effects of pension fund restoration plans at a business cycle frequency. During a recession, pension funds’ funding ratios typically drop significantly and regulations force funds to restore their buffers by increasing their contributions, lower future indexation

  19. 75 FR 53357 - Aston Funds, et al.; Notice of Application

    Science.gov (United States)

    2010-08-31

    ...), which include concerns about undue influence by a fund of funds over underlying funds, excessive... neither a Fund of Funds nor a Fund of Funds Affiliate would be able to exert undue influence over the... Subadviser (the ``Subadvisory Group''). Applicants propose other conditions to limit the potential for undue...

  20. ESG Issues among Fund Managers—Factors and Motives

    Directory of Open Access Journals (Sweden)

    Justyna Przychodzen

    2016-10-01

    Full Text Available This paper investigates the motives, behavior, and characteristics shaping mutual fund managers’ willingness to incorporate Environmental, Social and Governance (ESG issues into investment decision making. Using survey evidence from fund managers from five different countries, we demonstrate that this predisposition is the stronger, the shorter their average forecasting horizon and the higher their level of reliance on business risk in portfolio management is. We also find that the propensity to incorporate ESG factors is positively related to an increasing level of risk aversion, an increasing importance of salary change and senior management approval/disapproval as motivating factors as well as length of professional experience in current fund and increasing significance of assessment by superiors in remuneration. Overall, our evidence suggests that ESG diligence among fund managers serves mainly as a method for mitigating risk and is typically motivated by herding; it is much less important as a tool for additional value creation. The prevalent use of ESG criteria in mitigating risk is in contrast with traditional approach, but it is in line with behavioral finance theory. Additionally, our results also show a strong difference in the length of the forecasting horizon between continental European and Anglo-Saxon fund managers.

  1. CURRENT STATUS OF GRAVESTONES OF OTTOMAN’S PERIOD IN KOSOVO AND MACEDONIA / KOSOVA VE MAKEDONYA’DAKİ OSMANLI DÖNEMİ MEZAR TAŞLARININ BUGÜNKÜ DURUMU

    Directory of Open Access Journals (Sweden)

    Cengiz ALYILMAZ

    2016-03-01

    civilization artifacts in Kosovo and Macedonia. Unfortunately required importance hasn’t been given (or couldn’t have given to gravestones which are almost the title of the place in which they exist (as it occurs in our country and other countries in the World. This study presents information about the current status of gravestones of Ottoman / Turkish period in Kosovo and Macedonia.

  2. Funding Mechanisms, Cost Drivers, and the Distribution of Education Funds in Alberta: A Case Study.

    Science.gov (United States)

    Neu, Dean; Taylor, Alison

    2000-01-01

    Critical analysis of historical financial data of the Calgary Board of Education (CBE) examined the impact of Alberta's 1994 funding changes on the CBE and the distribution of Alberta's education funding. Findings illustrate how funding mechanisms are used to govern from a distance and how seemingly neutral accounting/funding techniques function…

  3. 7 CFR 1781.20 - Disbursement of WS and RCD loan funds and WS advance funds.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 12 2010-01-01 2010-01-01 false Disbursement of WS and RCD loan funds and WS advance... (RCD) LOANS AND WATERSHED (WS) LOANS AND ADVANCES § 1781.20 Disbursement of WS and RCD loan funds and WS advance funds. (a) WS and RCD loan funds will be disbursed by the processing office in accordance...

  4. COMMERCIAL FUND, RECOGNITION AND ASSESSMENT

    Directory of Open Access Journals (Sweden)

    VIOREL TRIF

    2010-01-01

    Full Text Available The importance of the immaterial investments within companies nowadays urges the specialists in accounting to find the ways to present more in the elements. In their studies researchers face the controversy reinvestments, as an asset in the balance sheet or an expense in the profit or loss account. The main goal of this paper is to analyze the difficulties in commercial fund. In the first part we will analyze various definitions of the problems concerning the commercial fund’s recognition and assessment. The paper also suggests that investments are really social and economic problems.

  5. Research funding for telemedicine: an Australian perspective.

    Science.gov (United States)

    Barnett, Adrian G; Campbell, Megan J; Burns, Clare L

    2016-04-01

    Winning research funding is one of the most difficult challenges faced by researchers, especially with falling success rates and shrinking budgets. Telemedicine researchers can find it especially hard to win funding as they are often researching small changes to the health system that whilst important for patient care are often not as competitive as proposals that promise to cure diseases. In a climate of both tight health funding and tight research funding, telemedicine researchers should emphasise the potential for their research to add value and lower costs in order to increase their chances of winning funding.

  6. Semiclassical description of resonant tunnel effect: bifurcations and periodic orbits in the resonant current; Description semiclassique de l`effet tunnel resonant: bifurcations et orbites periodiques dans le courant resonant

    Energy Technology Data Exchange (ETDEWEB)

    Rouben, D.C

    1997-11-28

    A semiclassical method for resonant tunneling in a quantum well in the presence of a magnetic field tilted with regard to an electric field is developed. In particular a semiclassical formula is derived for the total current of electrons after the second barrier of the quantum well. The contribution of the stable and unstable orbits is studied. It appears that the parameters which describe the classical chaos in the quantum well have an important effect on the tunneling current. A numerical experiment is led, the contributions to the current of some particular orbits are evaluated and the results are compared with those given by the quantum theory. (A.C.) 70 refs.

  7. The Domino Effects of Federal Research Funding.

    Science.gov (United States)

    Lanahan, Lauren; Graddy-Reed, Alexandra; Feldman, Maryann P

    2016-01-01

    The extent to which federal investment in research crowds out or decreases incentives for investment from other funding sources remains an open question. Scholarship on research funding has focused on the relationship between federal and industry or, more comprehensively, non-federal funding without disentangling the other sources of research support that include nonprofit organizations and state and local governments. This paper extends our understanding of academic research support by considering the relationships between federal and non-federal funding sources provided by the National Science Foundation Higher Education Research and Development Survey. We examine whether federal research investment serves as a complement or substitute for state and local government, nonprofit, and industry research investment using the population of research-active academic science fields at U.S. doctoral granting institutions. We use a system of two equations that instruments with prior levels of both federal and non-federal funding sources and accounts for time-invariant academic institution-field effects through first differencing. We estimate that a 1% increase in federal research funding is associated with a 0.411% increase in nonprofit research funding, a 0.217% increase in state and local research funding, and a 0.468% increase in industry research funding, respectively. Results indicate that federal funding plays a fundamental role in inducing complementary investments from other funding sources, with impacts varying across academic division, research capacity, and institutional control.

  8. The Domino Effects of Federal Research Funding.

    Directory of Open Access Journals (Sweden)

    Lauren Lanahan

    Full Text Available The extent to which federal investment in research crowds out or decreases incentives for investment from other funding sources remains an open question. Scholarship on research funding has focused on the relationship between federal and industry or, more comprehensively, non-federal funding without disentangling the other sources of research support that include nonprofit organizations and state and local governments. This paper extends our understanding of academic research support by considering the relationships between federal and non-federal funding sources provided by the National Science Foundation Higher Education Research and Development Survey. We examine whether federal research investment serves as a complement or substitute for state and local government, nonprofit, and industry research investment using the population of research-active academic science fields at U.S. doctoral granting institutions. We use a system of two equations that instruments with prior levels of both federal and non-federal funding sources and accounts for time-invariant academic institution-field effects through first differencing. We estimate that a 1% increase in federal research funding is associated with a 0.411% increase in nonprofit research funding, a 0.217% increase in state and local research funding, and a 0.468% increase in industry research funding, respectively. Results indicate that federal funding plays a fundamental role in inducing complementary investments from other funding sources, with impacts varying across academic division, research capacity, and institutional control.

  9. Empirical study on mutual fund objective classification

    Institute of Scientific and Technical Information of China (English)

    金雪军; 杨晓兰

    2004-01-01

    Mutual funds are usually classified on the basis of their objectives. If the activities of mutual funds are consistent with their stated objectives, investors may look at the latter as signals of their risks and incomes. This work analyzes mutual fund objective classification in China by statistical methods of distance analysis and discriminant analysis; and examines whether the stated investment objectives of mutual funds adequately represent their attributes to investors. That is, if mutual funds adhere to their stated objectives, attributes must be heterogeneous between investment objective groups and homogeneous within them. Our conclusion is to some degree, the group of optimized exponential funds is heterogeneous to other groups. As a whole, there exist no significant differences between different objective groups; and 50% of mutual funds are not consistent with their objective groups.

  10. Analysis on the Current Status of and Countermeasures for Public Library’s Acquisitioning and Cataloging Work in the New Period%浅析新时期公共图书馆采编工作现状及对策

    Institute of Scientific and Technical Information of China (English)

    冯晓兰

    2016-01-01

    The acquisitioning and cataloging work is the basis of library’s literature resources management. This paper expounds the starus quo of public library’s acquisitioning and cataloging work in the new period, and puts forward some countermeasures for optimizing public library’s acquisitioning and cataloging work from three aspects of the quality of acquisitioning and cataloging personnel, the method of acquisitioning and cataloging work, and the fund of the library.%采编工作是图书馆文献资源管理的基础。阐述了新时期公共图书馆采编工作的现状,从采编人员素质、采编工作方法以及图书馆经费三点着手,提出了优化公共图书馆采编工作的对策。

  11. Costs of eliminating malaria and the impact of the global fund in 34 countries.

    Directory of Open Access Journals (Sweden)

    Brittany Zelman

    Full Text Available BACKGROUND: International financing for malaria increased more than 18-fold between 2000 and 2011; the largest source came from The Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund. Countries have made substantial progress, but achieving elimination requires sustained finances to interrupt transmission and prevent reintroduction. Since 2011, global financing for malaria has declined, fueling concerns that further progress will be impeded, especially for current malaria-eliminating countries that may face resurgent malaria if programs are disrupted. OBJECTIVES: This study aims to 1 assess past total and Global Fund funding to the 34 current malaria-eliminating countries, and 2 estimate their future funding needs to achieve malaria elimination and prevent reintroduction through 2030. METHODS: Historical funding is assessed against trends in country-level malaria annual parasite incidences (APIs and income per capita. Following Kizewski et al. (2007, program costs to eliminate malaria and prevent reintroduction through 2030 are estimated using a deterministic model. The cost parameters are tailored to a package of interventions aimed at malaria elimination and prevention of reintroduction. RESULTS: The majority of Global Fund-supported countries experiencing increases in total funding from 2005 to 2010 coincided with reductions in malaria APIs and also overall GNI per capita average annual growth. The total amount of projected funding needed for the current malaria-eliminating countries to achieve elimination and prevent reintroduction through 2030 is approximately US$8.5 billion, or about $1.84 per person at risk per year (PPY (ranging from $2.51 PPY in 2014 to $1.43 PPY in 2030. CONCLUSIONS: Although external donor funding, particularly from the Global Fund, has been key for many malaria-eliminating countries, sustained and sufficient financing is critical for furthering global malaria elimination. Projected cost estimates for

  12. THE IMPACT OF THE EUROPEAN REGIONAL DEVELOPMENT FUND ON SMES – EVIDENCE FROM ROMANIA

    Directory of Open Access Journals (Sweden)

    Ciocoiu Cristina-Elena

    2015-07-01

    Full Text Available As the first programming period for Romania is reaching its end, more information becomes available regarding the effects of the European Union funds on the Romanian economy. Going beyond the mathematical absorption rate, it is important to analyse these effects, especially with regard to the small and medium-sized enterprises (SMEs, in order to improve the future implementation documents for 2014-2020. The purpose of this article is to measure the impact of the European Regional Development Fund (ERDF, granted within one of the 2007-2013 operational programmes, on the net turnover, number of staff and gross profit of the small and medium-sized enterprises from one Romanian county – Iasi. Overcoming the difficulties of gathering reliable data, the empirical research presented in this article tests three hypotheses. The first one is that the EU funding provided to an SME leads to an increase in its net turnover, number of staff and gross profit. The second hypothesis is that there is a direct relationship between the amount of the grant given to an SME and the evolution of the three previously mentioned parameters. The third and last tested hypothesis is that the SMEs that implemented more than one EU-funded project have a better evolution than the ones that implemented only one. The conclusions of our study include recommendations for the implementation guides that are currently being drafted by the responsible national authorities. They also include suggestions with regard to the availability of data concerning the EU-funded projects, especially in the context of the new requirements of the European Union regarding e-cohesion and information and communication. In this context, we also explore the potential benefits of implementing projects that complement each other instead of independent projects. As such, the research presented in this article aims to contribute to a better understanding of the impact of the EU regional development policy

  13. 20 CFR 631.12 - Reallotment of funds by the Secretary.

    Science.gov (United States)

    2010-04-01

    ... formula. (b) Based upon the most current and satisfactory data available, the Secretary shall identify...) Reallotted funds shall be subject to allocation pursuant to § 631.32 of this part, and to the...

  14. The future of public sector funding of regeneration project in England

    OpenAIRE

    Greenhalgh, Paul; Hargreaves, Sylvia

    1999-01-01

    This report describes the policy framework through which urban regeneration is promoted and highlights the difficulties encountered in co-ordinating the current public funding initiatives to secure effective urban regeneration and maximise value for money.

  15. State uses of Exxon and Stripper Well oil overcharge funds

    Energy Technology Data Exchange (ETDEWEB)

    Gonzales, H.; Soifer, J.; Janis, L.

    1990-07-01

    Since March of 1986, state governments have received roughly $3.46 billion in funds obtained by the federal government through two major cases, based on price overcharges committed by numerous oil companies during the period of price controls, between 1973 and 1981. Furthermore, about another $1 billion may still be collected from oil companies, with roughly 1/2 to be distributed to the states (and the other 1/2 to the federal government), over the next 5 to 10 years. The role of state government is to allocate the funds, within the specific case guidelines, to new or existing energy programs, in a way which is designed to benefit (or provide restitution to) the class or classes of purchasers who bore the burden of the overcharges. This report incorporates information collected by NCLC through telephone surveys conducted during July, 1990. The information we collected on the status and state uses of both Exxon and Stripper Well funds is contained in the state-by-state narrative summary section and in a series of tables at the end of the report. Each of the quarterly reports tracks final state decisions allocating use of these funds. The terms allocated'' and designated'' are used interchangeably throughout the document to mean that final state decisions have been made regarding these funds. Tracking state allocations about these funds is the only practical way for us to provide an overview of the actual status of state processes or decisions which have occurred with regard to this money. 8 tabs.

  16. Application of data envelopment analysis in measuring the efficiency of mutual fund

    Science.gov (United States)

    Nik, Marzieh Geramian; Mihanzadeh, Hooman; Izadifar, Mozhgan; Nik, Babak Geramian

    2015-05-01

    The growth of mutual fund industry during the past decades emphasizes the importance of this investment vehicle particularly in prosperity of financial markets and in turn, financial growth of each country. Therefore, evaluating the relative efficiency of mutual funds as investment tool is of importance. In this study, a combined model of DEA (data envelopment analysis), and goal programming (GoDEA) approaches contributes widely to analyze the return efficiency of Mutual Funds in an attempt to separate efficient and inefficient Funds as well as identifying the inefficiency resources. Mixed asset local funds, which are managed jointly by CIMB and Public Mutual Berhad, have been selected for the purpose of this paper. As a result, Public Small Cap Fund (P Small Cap) is regarded as the most efficient mutual fund during the period of study. The integrated model aims to first guide investors to choose the best performing fund among other mutual funds, secondly provides the realistic and appropriate benchmark in compare to other classic method, and finally confirms the utility of data envelopment analysis (DEA) as decision-making tool.

  17. Canadian Institutes of Health Research funding of prison health research: a descriptive study.

    Science.gov (United States)

    Kouyoumdjian, Fiona G; McIsaac, Kathryn E; Foran, Jessica E; Matheson, Flora I

    2017-01-01

    Health research provides a means to define health status and to identify ways to improve health. Our objective was to define the proportion of grants and funding from the Government of Canada's health research investment agency, the Canadian Institutes of Health Research (CIHR), that was awarded for prison health research, and to describe the characteristics of funded grants. In this descriptive study, we defined prison health research as research on the health and health care of people in prisons and at the time of their release. We searched the CIHR Funding Decisions Database by subject and by investigator name for funded grants for prison health research in Canada in all competitions between 2010 and 2014. We calculated the proportion of grants and funding awarded for prison health research, and described the characteristics of funded grants. During the 5-year study period, 21 grants were awarded that included a focus on prison health research, for a total of $2 289 948. Six of these grants were operating grants and 6 supported graduate or fellowship training. In total, 0.13% of all grants and 0.05% of all funding was for prison health research. A relatively small proportion of CIHR grants and funding were awarded for prison health research between 2010 and 2014. If prison health is a priority for Canada, strategic initiatives that include funding opportunities could be developed to support prison health research in Canada.

  18. Obtaining funds from the EU budget by rural communes of the Masovian voivodeship

    Directory of Open Access Journals (Sweden)

    Agnieszka Wojewódzka-Wiewiórska

    2012-04-01

    Full Text Available Non-repayable funds, including those offered within the framework of EU funds, constitute an important source of funding for activities undertaken by communes. The aim of the article is to define the level of absorption of funds from the EU budget by rural communes of the Masovian voivodeship in 2006-2009. The typology of the communes was done on the basis of the level of their socio-economic development (synthetic index zi and the amount of funds obtained (absorption index Wa. The statistical data came from the Local Data Bank (BDL of the Central Statistical Office (GUS. Rural communes of the Masovian voivodeship are highly varied in terms of obtaining funds from the EU budget. In the case of 10.5% of the rural communes in the analysed voivodeship no funds were obtained from the EU in the period in question. Almost one third of the rural communes is characterised by a low level of development and a medium level of funds absorption. The least numerous (7% are communes with a high level of devel-opment and low absorption. Communes with a low level of development and low absorp-tion of EU funds exist in every subregion of the voivodeship.

  19. 77 FR 65421 - Neuberger Berman Alternative Funds, et al.; Notice of Application

    Science.gov (United States)

    2012-10-26

    ... concerns about undue influence by a fund of funds over underlying funds, excessive layering of fees, and... arrangement will not result in the exercise of undue influence by a Fund of Funds or a Fund of Funds Affiliate... potential for undue influence over the Unaffiliated Funds, including that no Fund of Funds or Fund of Funds...

  20. NASA Astrophysics Funds Strategic Technology Development

    Science.gov (United States)

    Seery, Bernard D.; Ganel, Opher; Pham, Bruce

    2016-01-01

    The COR and PCOS Program Offices (POs) reside at the NASA Goddard Space Flight Center (GSFC), serving as the NASA Astrophysics Division's implementation arm for matters relating to the two programs. One aspect of the PO's activities is managing the COR and PCOS Strategic Astrophysics Technology (SAT) program, helping mature technologies to enable and enhance future astrophysics missions. For example, the SAT program is expected to fund key technology developments needed to close gaps identified by Science and Technology Definition Teams (STDTs) planned to study several large mission concept studies in preparation for the 2020 Decadal Survey.The POs are guided by the National Research Council's "New Worlds, New Horizons in Astronomy and Astrophysics" Decadal Survey report, NASA's Astrophysics Implementation Plan, and the visionary Astrophysics Roadmap, "Enduring Quests, Daring Visions." Strategic goals include dark energy, gravitational waves, and X-ray observatories. Future missions pursuing these goals include, e.g., US participation in ESA's Euclid, Athena, and L3 missions; Inflation probe; and a large UV/Optical/IR (LUVOIR) telescope.To date, 65 COR and 71 PCOS SAT proposals have been received, of which 15 COR and 22 PCOS projects were funded. Notable successes include maturation of a new far-IR detector, later adopted by the SOFIA HAWC instrument; maturation of the H4RG near-IR detector, adopted by WFIRST; development of an antenna-coupled transition-edge superconducting bolometer, a technology deployed by BICEP2/BICEP3/Keck to measure polarization in the CMB signal; advanced UV reflective coatings implemented on the optics of GOLD and ICON, two heliophysics Explorers; and finally, the REXIS instrument on OSIRIS-REx is incorporating CCDs with directly deposited optical blocking filters developed by another SAT-funded project.We discuss our technology development process, with community input and strategic prioritization informing calls for SAT proposals and

  1. Health research funding in Mexico: the need for a long-term agenda.

    Directory of Open Access Journals (Sweden)

    Eduardo Martínez-Martínez

    Full Text Available BACKGROUND: The legal framework and funding mechanisms of the national health research system were recently reformed in Mexico. A study of the resource allocation for health research is still missing. We identified the health research areas funded by the National Council on Science and Technology (CONACYT and examined whether research funding has been aligned to national health problems. METHODS AND FINDINGS: We collected the information to create a database of research grant projects supported through the three main Sectoral Funds managed by CONACYT between 2003 and 2010. The health-related projects were identified and classified according to their methodological approach and research objective. A correlation analysis was carried out to evaluate the association between disease-specific funding and two indicators of disease burden. From 2003 to 2010, research grant funding increased by 32% at a compound annual growth rate of 3.5%. By research objective, the budget fluctuated annually resulting in modest increments or even decrements during the period under analysis. The basic science category received the largest share of funding (29% while the less funded category was violence and accidents (1.4%. The number of deaths (ρ = 0.51; P<0.001 and disability-adjusted life years (DALYs; ρ = 0.33; P = 0.004 were weakly correlated with the funding for health research. Considering the two indicators, poisonings and infectious and parasitic diseases were among the most overfunded conditions. In contrast, congenital anomalies, road traffic accidents, cerebrovascular disease, and chronic obstructive pulmonary disease were the most underfunded conditions. CONCLUSIONS: Although the health research funding has grown since the creation of CONACYT sectoral funds, the financial effort is still low in comparison to other Latin American countries with similar development. Furthermore, the great diversity of the funded topics compromises the efficacy of the

  2. 76 FR 67021 - Community Development Financial Institutions Fund

    Science.gov (United States)

    2011-10-28

    ... Community Development Financial Institutions Fund Proposed Collection; Comment Request ACTION: Notice and... Financial Institutions Fund (the ``CDFI Fund'') within the Department of the Treasury is soliciting comments... Mia Sowell, Policy and Program Officer, at the Community Development Financial Institutions Fund,...

  3. Risk and Return in Hedge Funds and Funds-of-Hedge Funds: A Cross-Sectional Approach

    OpenAIRE

    Hee Soo Lee

    2012-01-01

    The objective of this study is to examine whether the available data on individual hedge funds (HFs) and funds-of-hedge funds (FOHFs) can reveal the risk-return trade-off and, if so, to find an appropriate risk measure that captures the cross-sectional variation in HF and FOHF returns and compare the risk-return relationship in HFs and FOHFs. Using the “live funds” and the “dead funds” datasets provided by Hedge Fund Research Inc. (HFR), we concentrate on alternative risk measures such as sem...

  4. Comparative Analysis of Risk, Return and Diversification of Mutual Fund

    Directory of Open Access Journals (Sweden)

    Rais Ahmad

    2015-01-01

    Full Text Available Mutual Funds have become a widely popular and effective way for investors to participate in financial markets in an easy, low-cost fashion, while muting risk characteristics by spreading the investment across different types of securities, also known as diversification. It can play a central role in an individual's investment strategy. With the plethora of schemes available in the Indian markets, an investors needs to evaluate and consider various factors before making an investment decision. The present investigation is aimed to examine the performance of safest investment instrument in the security market in the eyes of investors. Five mutual fund large cap scheme have been selected for this purpose. The examination is achieved by assessing various financial tests like Sharpe Ratio, Standard Deviation, Alpha, and Beta. Furthermore, in-depth analysis also has been done by considering return over the period of last five years on various basis, expenses ratio, corpus-size etc. The data has been taken from various websites of mutual fund schemes and from www.valueresearch.com. The study will be helpful for the researchers and financial analysts to analyze various securities or funds while selecting the best investment alternative out of the galaxy of investment alternatives.

  5. Systematic analysis of funding awarded for viral hepatitis-related research to institutions in the United Kingdom, 1997-2010

    OpenAIRE

    Head, M.G.; Fitchett, J.R.; G. S. Cooke; Foster, G R; Atun, R

    2015-01-01

    Viral hepatitis is responsible for great health, social and economic burden both globally and in the UK. This study aimed to assess the research funding awarded to UK institutions for viral hepatitis research and the relationship of funded research to clinical and public health burden of viral hepatitis. Databases and websites were systematically searched for information on infectious disease research studies funded for the period 1997–2010. Studies specifically related to viral hepatitis res...

  6. GOVERNING BOARD OF THE PENSION FUND

    CERN Multimedia

    2001-01-01

    The Governing Board met on 4 September in its first session since the summer break. On this occasion, the Board invited the two actuaries entrusted with the three-yearly actuarial review of the Fund, MP Actuaires SA (Geneva) and AON Consulting (Brussels), to present their results. Although the two studies were conducted independently and simultaneously, the Governing Board noted that the underlying methodology was remarkably similar in both cases. Both actuaries adopted a stochastic approach, both performed analyses based on the closed-fund method and on the open-fund method, and both made an evaluation of the risks for the appreciation of the Fund's financial position. This methodology produced consistent results which, while not always identical, are superimposable in terms of their order of magnitude. Under the closed-fund method, which involves assessing the Fund's financial situation as if it were closed on the date of calculation without any new members being admitted, both actuaries conclude that the s...

  7. Fraud at the Global Fund? A viewpoint.

    Science.gov (United States)

    Brown, Jonathan C; Griekspoor, Wilfred

    2013-01-01

    The Global Fund to Fight AIDS, Tuberculosis and Malaria has contributed to remarkable health improvements in the three diseases since its creation in 2002. However, media reports about "astonishing losses" and fraud in Fund programs in 2011 caused several donors to suspend funding. The Fund's annual round of new financing was canceled, and a substantial reform program is being implemented. Two former senior managers of the Fund contend that fraud was never a major problem; rather than imposing harsh new controls on recipient countries that might impede health outcomes, the Fund should maintain the core elements of its innovative model and make selective rather than sweeping changes in its operations. Copyright © 2012 John Wiley & Sons, Ltd.

  8. ELECTIONS PENSION FUND 3rd candidate

    CERN Multimedia

    2001-01-01

    ORGANISATION EUROPEENNE POUR LA RECHERCHE NUCLEAIRE CERN EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH CAISSE DE PENSIONS / PENSION FUND Caisse de Pensions - ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate : Name : Hauviller First Name : Claude Dear colleague of CERN and ESO, For the first time, I am standing and requesting your support to become a member of the Governing Board of our Pension Fund. CERN staff member since 1974, I have already carried elective mandates: I have been Delegate to the Staff Council and Member of the Senior Staff Consultative Committee (the Nine). For the majority of us, our Pension Fund is our only social provident scheme and source of retirement income; I believe I can usefully contribute to its successful management and help ensure its balance. Our Fund reaches its majority: soon, there will be more beneficiaries tha...

  9. ELECTIONS PENSION FUND CANDIDATE NR 3

    CERN Multimedia

    2001-01-01

    ORGANISATION EUROPEENNE POUR LA RECHERCHE NUCLEAIRE CERN EUROPEAN ORGANIZATION FOR NUCLEAR RESEARCH CAISSE DE PENSIONS / PENSION FUND Caisse de Pensions - ELECTIONS - Pension Fund This candidature has been duly registered and is hereby presented in accordance with paragraph 6.h of the Regulations for Elections to the Governing Board of the Pension Fund. Candidate : Name : HAUVILLER First Name : Claude Dear colleague of CERN and ESO, For the first time, I am standing and requesting your support to become a member of the Governing Board of our Pension Fund. CERN staff member since 1974, I have already carried elective mandates: I have been Delegate to the Staff Council and Member of the Senior Staff Consultative Committee (the Nine). For the majority of us, our Pension Fund is our only social provident scheme and source of retirement income; I believe I can usefully contribute to its successful management and help ensure its balance. Our Fund reaches its majority: soon, there will be more beneficiaries tha...

  10. How funding structures for HIV/AIDS research shape outputs and utilization: a Swiss case study

    Directory of Open Access Journals (Sweden)

    Frey Kathrin

    2011-09-01

    Full Text Available Abstract Background Research policy in the field of HIV has changed substantially in recent decades in Switzerland. Until 2004, social science research on HIV/AIDS was funded by specialized funding agencies. After 2004, funding of such research was “normalized” and integrated into the Swiss National Science Foundation as the main funding agency for scientific research in Switzerland. This paper offers a longitudinal analysis of the relationship between the changing nature of funding structures on the one hand and the production and communication of policy-relevant scientific knowledge in the field of HIV on the other hand. Methods The analysis relies on an inventory of all social sciences research projects on HIV in Switzerland that were funded between 1987 and 2010, including topics covered and disciplines involved, as well as financial data. In addition, in-depth interviews were conducted with 18 stakeholders. Results The analysis highlights that the pre-2004 funding policy ensured good coverage of important social science research themes. Specific incentives and explicit promotion of social science research related to HIV gave rise to a multidisciplinary, integrative and health-oriented approach. The abolition of a specific funding policy in 2004 was paralleled by a drastic reduction in the number of social science research projects submitted for funding, and a decline of public money dedicated to such research. Although the public administration in charge of HIV policy still acknowledges the relevance of findings from social sciences for the development of prevention, treatment and care, HIV-related social science research does not flourish under current funding conditions. Conclusions The Swiss experience sheds light on the difficulties of sustaining social science research and multidisciplinary approaches related to HIV without specialized funding agencies. Future funding policy might not necessarily require specialized agencies, but

  11. Are international fund flows pro- or counter-cyclical?

    NARCIS (Netherlands)

    Li, Suxiao; de Haan, Jakob; Scholtens, Bert; Yang, Haizhen

    2015-01-01

    We investigate whether international fund flows are pro-or counter-cyclical by employing a concordance index. International fund flows are investments in bond and equity markets by institutional investors, such as mutual funds, exchange traded funds, closed-end funds and hedge funds. We find that fu

  12. ENLIGHT and other EU-funded projects in hadron therapy

    OpenAIRE

    Dosanjh, M.; Jones, B; R. Meyer

    2010-01-01

    Following impressive results from early phase trials in Japan and Germany, there is a current expansion in European hadron therapy. This article summarises present European Union-funded projects for research and co-ordination of hadron therapy across Europe. Our primary focus will be on the research questions associated with carbon ion treatment of cancer, but these considerations are also applicable to treatments using proton beams and other light ions. The challenges inherent in this new fo...

  13. Annual Report of the Pension Fund

    CERN Multimedia

    HR Department

    2009-01-01

    The 2008 Annual Report and Accounts of the Pension Fund, which were approved by theCouncil at its session of 19 June 2009, are now available from Departmental secretariats. The document is also available on the Pension Fund website: http://pensions.web.cern.ch/Pensions/ Pension beneficiaries can obtain the document from Emilie Clerc (tel. + 41 22 767 87 98), Building 5-5/017. Secretariat of the Pension Fund 72742

  14. The performance of hedge fund indices

    OpenAIRE

    Yigit Atilgan; Bali, Turan G.; K. Ozgur Demirtas

    2013-01-01

    This paper investigates the performance of various strategy-specific and composite hedge fund indices. Given the flexible and nonlinear investment mandates of hedge funds, various risk metrics that take factors such as extreme events and losses with respect to previous peaks are considered. Our analysis compares the risk-adjusted performances of hedge fund indices among themselves, with respect to the overall equitymarket and over time. Special attention is given to the distinction between in...

  15. Improvement of Classification of Enterprise Circulating Funds

    Directory of Open Access Journals (Sweden)

    Rohanova Hanna O.

    2014-02-01

    Full Text Available The goal of the article lies in revelation of possibilities of increase of efficiency of managing enterprise circulating funds by means of improvement of their classification features. Having analysed approaches of many economists to classification of enterprise circulating funds, systemised and supplementing them, the article offers grouping classification features of enterprise circulating funds. In the result of the study the article offers an expanded classification of circulating funds, which clearly shows the role of circulating funds in managing enterprise finance and economy in general. The article supplements and groups classification features of enterprise circulating funds by: the organisation level, functioning character, sources of formation and their cost, and level of management efficiency. The article shows that the provided grouping of classification features of circulating funds allows exerting all-sided and purposeful influence upon indicators of efficiency of circulating funds functioning and facilitates their rational management in general. The prospect of further studies in this direction is identification of the level of attraction of loan resources by production enterprises for financing circulating funds.

  16. Resolving the International Monetary Fund's Legitimacy Crisis

    DEFF Research Database (Denmark)

    Seabrooke, Leonard

    2006-01-01

    Since the Asian financial crisis of 1997-1998 the International Monetary Fund (the Fund) has been embroiled in an international crisis of legitimacy. Assertions of a crisis are premised on the notions that the Fund's voting system is unfair, and that the Fund enforces homogenous policies onto...... borrowing member states and that loan programs tend to fail. Seen this way, poor institutional and policy design has led to a loss of legitimacy. But institutionalised inequalities or policy failure is not in itself sufficient to constitute an international crisis of legitimacy. This article provides...

  17. Funding Melbourne's hospitals: some historical moments.

    Science.gov (United States)

    Walker, C

    1998-01-01

    In 1993 the Victorian Government introduced casemix funding as part of its restructure of the public hospital system. Casemix funding provides a new basis for government funding according to outcomes. At the same time, restructure of hospitals allows for a reconsideration of who is eligible to use them. Historical research into the growth of the public hospital system in Melbourne shows that attempts to reform the hospital system are as old as the system itself. This paper argues that the views of hospitals in funding crises and the solutions that are recommended have more to do with the politics of the day than the economics of running hospitals.

  18. PERFORMANCE EVALUATION OF CHINESE NEW FUNDS

    Institute of Scientific and Technical Information of China (English)

    倪苏云; 翁轶丛; 吴冲锋

    2001-01-01

    he performance of Chinese investment funds was empirically analyzed using the following models, i.e. Jensen model, Treynor-Mazuy (T-M) model amd Merton-Henriksson model. The results show that T-M model is fitted to Chinese investment funds best among these three. But none of them can perfectly interpret the new funds' performance. So, the idea suggested by Jagannathan, Korajczyk (J-K) to extend the test was adopted in this paper, and the results show that J-K model augmented from the M-H can explain the source of excess return of fund Anxin.

  19. Water Current Observations

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — Tidal, river and ocean current observations collected by the U.S. Coast and Geodetic Survey. Period of record is late 1800s to mid-1980s.

  20. Continued Funding for Prime Development

    Science.gov (United States)

    2012-04-18

    int = 0 - currentResource: ResourceInfo = null - currentUser: string + DEBUG : bool = false - DEVELOPMENT_ROLE: string = "development" + dic... PHP language with the help of CMF Drupal-6. The standard modules of the Drupal core set are developed by third parties and obtained from the

  1. 34 CFR 628.46 - How shall a grantee calculate the amount of endowment fund income that it may withdraw and spend?

    Science.gov (United States)

    2010-07-01

    ... ENDOWMENT CHALLENGE GRANT PROGRAM What Conditions Must a Grantee Meet Under the Endowment Challenge Grant..., it must— (1) Determine the value of endowment fund income by subtracting the endowment fund corpus from the current total value of the endowment fund on that date; and (2) Calculate the amount...

  2. GOVERNING BOARD OF THE PENSION FUND

    CERN Multimedia

    2002-01-01

    The Governing Board held its 108th and 109th meetings on 5 February and 5 March respectively. At the first of these meetings, the Board heard a report by its Chairman, P. Levaux, on the CERN Council Session of December 2001. The Chairman reported that the Board that the 0.8% adjustment of pensions proposed by the Governing Board had been accepted as well as an amendment to the Rules of the Fund reducing the period of service required for entitlement to a deferred retirement pension from 10 to 5 years. The Governing Board also heard a report by the Chairman of the Investment Committee, G. Maurin, on the Committee's two January meetings. At the first of these, the Committee had addressed its structure and operating methods. Various proposals had been put forward aimed at increasing the Committee's efficiency and response time. Specific proposals will be submitted to the Governing Board during the year. In addition, on the basis of two specially commissioned studies, the Committee had examined the issue of curre...

  3. QUALITY-RELATED FUNDING IN ROMANIAN HIGHER EDUCATION THROUGHOUT 2003 – 2011: A GLOBAL ASSESSMENT

    Directory of Open Access Journals (Sweden)

    Gabriel-Alexandru Vîiu

    2015-12-01

    Full Text Available The article explores quality-related funding and its global outcomes in the context of Romanian higher education by focusing on the funding allocations provided to public universities throughout a period of nine years based on their institutional performance on the quality indicators integrated in the funding algorithm. Global funding allocations between universities are analysed and a summative appraisal for the entire nine-year window is provided. The article also explores the relation between quality- related funding, institutional disciplinary profiles and the results of a comprehensive evaluation conducted in 2011 by the Ministry of Education to complete a classification of the universities. The main findings indicate a low overall impact of qualityrelated funding for many institutions, but also a clear pattern in which universities focused on science, technology, engineering and mathematics overwhelmingly outperformed mixed institutions, as well as those focused on humanities, arts and social sciences. Furthermore, the global quality-related funding outcomes of the 2003 – 2011 period studied in the paper are shown to be significantly associated with the results of the 2011 classification

  4. Laboratory Experiments of Rip Current Generation

    Science.gov (United States)

    Garnier, R.; Coco, G.; Lomonaco, P.; Dalrymple, R. A.; Alvarez, A.; Gonzalez, M.; Medina, R.

    2014-12-01

    The hypothesis of rip current generation from purely hydrodynamic processes is here investigated through laboratory experiments. The experiments have been performed at the Cantabria Coastal and Ocean Basin (CCOB) with a segmented wavemaker consisting of 64 waveboards. The basin measures 25m in the cross-shore and 32m in the alongshore direction and the water depth at the wavemaker is 1m. A concrete plane sloping (1:5) beach has been built in the opposite side of the wave machine, its toe is 15m from the waveboards. Reflective lateral walls covered the full length of the basin. The set of instruments consists of 33 wave gauges deployed along two longshore and two cross-shore transects, 7 acoustic Doppler velocimeters and 15 run-up wires. Furthermore a set of two cameras has been synchronized with the data acquisition system. Two types of experiments have been performed to specifically study the generation of rip currents under wave group forcing. First, similarly to the experiments of Fowler and Dalrymple (Proc. 22nd Int. Conf. Coast. Eng.,1990), two intersecting wave trains with opposite directions have been imposed. They give rise to the formation of a non-migrating rip current system with a wavelength that depends on wave frequency and direction. Second, single wave trains with alongshore periodic amplitude attenuation have been imposed. Although the attenuation has been set such that the incident wave field has the same envelope as in the first type of experiments, the rip current system differs due to diffraction and interference processes. The results for different wave conditions (maximum incident wave height from 0.2m to 0.4m, wave period from 1.4s to 2s) will be presented and the intensity of the rip currents will be compared to the alongshore variation in wave set-up. This research is part of the ANIMO project funded by the Spanish Government under contract BIA2012-36822.

  5. [Results of the evaluation of German benchmarking networks funded by the Ministry of Health].

    Science.gov (United States)

    de Cruppé, Werner; Blumenstock, Gunnar; Fischer, Imma; Selbmann, Hans-Konrad; Geraedts, Max

    2011-01-01

    Nine out of ten demonstration projects on clinical benchmarking funded by the German Ministry of Health were evaluated. Project reports and interviews were uniformly analysed using a list of criteria and a scheme to categorize the realized benchmarking approach. At the end of the funding period four benchmarking networks had implemented all benchmarking steps, and six were continued after funding had expired. The improvement of outcome quality cannot yet be assessed. Factors promoting the introduction of benchmarking networks with regard to organisational and process aspects of benchmarking implementation were derived.

  6. Where is the Funding for Anti-Trafficking Work? A look at donor funds, policies and practices in Europe

    Directory of Open Access Journals (Sweden)

    Suzanne Hoff

    2014-09-01

    Full Text Available Little is known about the amount of money spent on anti-human-trafficking programmes today, much less what the impact of this funding is. As precise information is largely lacking, available data mainly derives from organisational experiences from the field. As the author works for La Strada International, a Europe-based non-governmental organisation (NGO network against trafficking in human beings, this article focuses on funding in Europe, reflecting the experience of anti-trafficking NGOs concerning funding patterns, current donors, donor policies and criteria, and, where possible, how this has impacted La Strada’s work. The article looks at (intergovernmental, public and private funding, looking at problematic policies to do with geographical restrictions or restrictions on what funds can be spent on. Throughout the region there are inefficiencies in funding and a great need for impact evaluations to ensure future funds are well spent. It is difficult to find out how much funding currently goes to anti-trafficking work and how much has been spent in the past. There is no adequate overview available of funding given to anti-trafficking work, globally or at regional levels, though attempts are being made by different stakeholders, including the Global Fund to End Slavery and the European Commission (EC, to estimate amounts granted and in the latter case to also define the impact of such grants. This article looks at trends in funding for non-governmental organisations (NGOs providing counter-human-trafficking programmes and services since the 1990s, particularly through the lens of a large NGO network based in Europe, La Strada International (LSI. The article looks at donors, their policies and criteria and, where possible, how this has impacted NGO work, particularly that of the La Strada network. ¿Dónde está la financiación para el trabajo contra la trata? Revisando los fondos de los donantes, políticas y prácticas en Europa Resumen

  7. 78 FR 2615 - Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations; Investment...

    Science.gov (United States)

    2013-01-14

    ... of 12 U.S.C. 2252, the regulation amending 12 CFR part 615 published on November 5, 2012 (77 FR 66362... 3052-AC50 Funding and Fiscal Affairs, Loan Policies and Operations, and Funding Operations;...

  8. Clean energy funds: An overview of state support for renewable energy

    Energy Technology Data Exchange (ETDEWEB)

    Bolinger, Mark; Wiser, Ryan

    2001-04-01

    energy programs and experiences of 14 states. These case studies are attached as Appendix A. The body of the paper both summarizes and draws lessons from these more detailed state case studies. Section II provides a broad overview of the current status of state SBC funds, including funding level and duration, technology eligibility, and program administration. Section III offers an overview of funding activity and highlights the various renewable energy programs states have established thus far. Section IV provides a summary of results to date. Section V turns to salient observations and preliminary lessons learned from this early experience. Administrative, programmatic, and strategic observations and lessons are emphasized. The paper ends with some brief concluding remarks.

  9. 26 CFR 301.6059-1 - Periodic report of actuary.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 18 2010-04-01 2010-04-01 false Periodic report of actuary. 301.6059-1 Section...-1 Periodic report of actuary. (a) In general. The actuarial report described in this section must be... funding deficiency (as defined in section 412(a)) to zero, (4) A statement by the enrolled actuary...

  10. Peaked Periodic Wave Solutions to the Broer–Kaup Equation

    Science.gov (United States)

    Jiang, Bo; Bi, Qin-Sheng

    2017-01-01

    By qualitative analysis method, a sufficient condition for the existence of peaked periodic wave solutions to the Broer–Kaup equation is given. Some exact explicit expressions of peaked periodic wave solutions are also presented. Supported by National Nature Science Foundation of China under Grant No. 11102076 and Natural Science Fund for Colleges and Universities in Jiangsu Province under Grant No. 15KJB110005

  11. The Performance of Indian Equity Funds in the Era of Quantitative Easing

    Directory of Open Access Journals (Sweden)

    Ömer Faruk Tan

    2015-10-01

    Full Text Available This study aims to evaluate the performance of Indian equity funds between January 2009 and October 2014. This study period coincides with the period of quantitative easing during which the developing economies in financial markets have been influenced. After the global financial crisis of 2008 came a period of quantitative easing (QE, creating an increase in the money supply and leading to a capital flow from developed countries to developing countries. During this 5-year 10-month period, in which the relevant quantitative easing continued, Indian CNX500 price index yielded approximately 21% compounded on average, per annum. In this study, Indian equity funds are examined in order to compare these funds’ performance within this period. Within this scope, 12 Indian equity funds are chosen. In order to measure these funds’ performances, the Sharpe ratio (1966, Treynor ratio (1965, Jensen’s alpha (1968 methods are used. Jensen’s alpha is also used in identifying selectivity skills of fund managers. Additionally, the Treynor & Mazuy (1966 regression analysis method is applied to show the market timing ability of fund managers.

  12. The Impact of Foreign Asset Investments on the Performance of Brazilian Pension Funds

    Directory of Open Access Journals (Sweden)

    Luiz Felipe Jacques Motta

    2009-02-01

    Full Text Available The present study has performed an analysis of the effects caused in the performance of Brazilian pension funds by the inclusion of international assets in their portfolios. The Resolution CMN 3456 of June 1, 2007 allowed pension funds in Brazil to allocate up to 3% of their investments in international hedge funds. Given the wide range of assets classes available in this category of hedge funds, this study has focused on international assets. The investments in such asset classes do not generate a major effect on the efficient frontier of the pension funds’ investments. The results do not change much even if we increase the constraint from 3% to 20%. However, changes in the current economic environment indicate that finding alternative investments that can enhance the asset performance on a long term view will be a crucial factor to maintain the financial health of pension funds.

  13. Bridging the financial gap through providing contract services: a model for publicly funded clinical biobanks.

    Science.gov (United States)

    Kozlakidis, Zisis; Mant, Christine; Cason, John

    2012-08-01

    Biobanks offer translational researchers a novel method of obtaining clinical research materials, patient data, and relevant ethical and legal permissions. However, such tissue collections are expensive to establish and maintain. Current opinion is that such initiatives can only survive with core funding from Government or major funding bodies. Given the present climate of financial austerity, funding agencies may be tempted to invest in fast-return research projects rather than in maintaining tissue collections, whose benefits will only become apparent in much longer timescales. Thus, securing additional funding for biobanks could provide a valuable boost enabling an extension of core services. Here we suggest that using biobank expertise to offer contract services to clinicians and industry may be an alternative approach to obtaining such extra funding.

  14. Extraordinary Funding of the War of the Spanish Succession

    Directory of Open Access Journals (Sweden)

    Francisco ANDÚJAR CASTILLO

    2015-05-01

    Full Text Available The establishment of the Bourbon monarchy encountered one of its main hurdles in the critical situation of the royal treasury inherited from the reign of Charles II, with most of the assets engaged in the payment of public debt. One further obstacle was the start of the War of Succession, which brought about, on the one hand, a reduction in the treasury income and, on the other, a considerable increase in expenses intended to fund the creation of a large new army. To cope with such a situation, the monarchy had to resort to multiple extraordinary resources. This article deals with two of these resources: the income obtained from the sale of positions and honours, and an exceptional loan provided by the clergy in the spring of 1707. It also addresses the monarchy’s extraordinary revenue accounts between June 1705 and June 1707, which reveal the multiple resources employed to fund the war during that critical period.

  15. RETHINKING FUNDING FOR WOMEN'S RIGHTS

    National Research Council Canada - National Science Library

    Ellen Sprenger

    2016-01-01

    ...), as well as from her current role consulting internationally for the sector and assisting CSOs to become financially resilient, Ellen Sprenger discusses the key trends affecting women's rights organisations (WROs...

  16. Stock Picking and Market Timing of the Egyptian Fund Managers: Evidence from the Financial Crisis

    Directory of Open Access Journals (Sweden)

    Mohammad Elmesseary

    2014-10-01

    Full Text Available The findings of over-or-under performance of fund managers across the crisis periods are mixed. By analyzing the data of 35 Egyptian funds, this paper investigates the two skills of market timing and selectivity during-and-post the 2007-2008 financial turmoil; it also examines the comparative performance between the conventionaland Islamic mutual funds. The results show no evidence of these skills even for the overall period or for the crisis one, where Chow – test documents that there are no structural changes either for the regression line or for its coefficients across the two sub-periods. These findings are supported by using a well-known benchmark. Thus, it seems that investors cannot gain superior returns by investing in the mutual funds industry as a whole. Furthermore, the outcomes of the cross-sectional analysis report that investors cannot also attain higher returns by investing in a particular fund group against the other, implying that the ethical screening, which is adopted by the Islamic ones, and which limits their potentials of diversification does not impact their performance.JEL classification: G1; G2Keywords: Capital markets, Islamic mutual funds, performance evaluation, market timing ability,stock picking ability

  17. Investment Primer for Green Revolving Funds

    Science.gov (United States)

    Weisbord, Dano

    2012-01-01

    Developing return-oriented green revolving funds (GRFs) is a rapidly growing trend at colleges and universities. A green revolving fund (GRF) is a special account designated for investment in on-campus projects that improve energy efficiency or decrease material use. GRFs invest in a variety of cost-saving initiatives, resulting in significant…

  18. Employees Pe ' sion Fund, [2007] 3

    African Journals Online (AJOL)

    liament to clarify the above position, the Pension Funds Amendment Act,4. 1 ACI 70 Of 1979. .... mean the total of the contributions to the fund up to the date of divorce, plus simple interest thereon ..... I welcome them since they promote fairness.

  19. 75 FR 18407 - Investing in Innovation Fund

    Science.gov (United States)

    2010-04-12

    ... CFR Chapter II RIN 1855-AA06 Investing in Innovation Fund Catalog of Federal Domestic Assistance (CFDA...: Office of Innovation and Improvement, Department of Education. ACTION: Final priorities, requirements..., definitions, and selection criteria (Final Rule) for the Investing in Innovation Fund. This document makes...

  20. 76 FR 32073 - Investing in Innovation Fund

    Science.gov (United States)

    2011-06-03

    ... CFR Chapter II Investing in Innovation Fund AGENCY: Office of Innovation and Improvement, Department...: The Assistant Deputy Secretary for Innovation and Improvement amends the final priorities, requirements, and selection criteria under the Investing in Innovation Fund (i3) program as established in...