WorldWideScience

Sample records for premium rate publication

  1. 38 CFR 6.2 - Premium rate.

    Science.gov (United States)

    2010-07-01

    ... LIFE INSURANCE Premiums § 6.2 Premium rate. Effective January 1, 1983, United States Government Life Insurance policies, and total disability income provisions, on a premium paying status are paid-up and no premiums are required to maintain such policies and provisions in force. Policies...

  2. Risk premiums in cap rates of investment property

    NARCIS (Netherlands)

    Berkhout, T.M.; Wouwe, van M.; Tansens, P.R.

    2005-01-01

    Our research wants to establish links and patterns over time between the constituent components of the cap rates, and between real interest and risk premium in particular. We developed a statistical model to predict and explain the risk premium asked for by investors buying properties throughout Eur

  3. 76 FR 38281 - Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated...

    Science.gov (United States)

    2011-06-29

    .... Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated Plans... 3206-AM39 Federal Employees Health Benefits Program: New Premium Rating Method for Most Community...

  4. Setting of Agricultural Insurance Premium Rate and the Adjustment Model

    Institute of Scientific and Technical Information of China (English)

    HUANG Ya-lin

    2012-01-01

    First,using the law of large numbers,I analyze the setting principle of agricultural insurance premium rate,and take the case of setting of adult sow premium rate for study,to draw the conclusion that with the continuous promotion of agricultural insurance,increase in the types of agricultural insurance and increase in the number of the insured,the premium rate should also be adjusted opportunely.Then,on the basis of Bayes’ theorem,I adjust and calibrate the claim frequency and the average claim,in order to correctly adjust agricultural insurance premium rate;take the case of forest insurance for premium rate adjustment analysis.In setting and adjustment of agricultural insurance premium rate,in order to make the expected results well close to the real results,it is necessary to apply the probability estimates in a large number of risk units;focus on the establishment of agricultural risk database,to timely adjust agricultural insurance premium rate.

  5. 78 FR 44056 - Premium Rates; Payment of Premiums; Reducing Regulatory Burden

    Science.gov (United States)

    2013-07-23

    ... benefits (UVBs)--the excess of its premium funding target over its assets. The premium funding target and... would small plans enjoy the convenience of a convergence between the premium and Form 5500 due...

  6. 78 FR 64943 - Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible...

    Science.gov (United States)

    2013-10-30

    ... percent reserve ratio has been the normal target used to calculate the Part B premium. In view of the... physician update, a contingency reserve ratio in excess of 20 percent of the following year's expenditures... deductible by the ratio of the 2014 aged actuarial rate to the 2013 aged actuarial rate. The...

  7. Experience Studies on Determining Life Premium Insurance Ratings: Practical Approaches

    Directory of Open Access Journals (Sweden)

    Mirela CRISTEA

    2008-01-01

    Full Text Available The focus of this article is to present the modelling tehcniques used on international practice in the evaluation of right life premiums based. The knowledge and models obtained have a common element of mortality risk indicators but these are varied in different parts of the world. The common elements of these studies and models are generally based on a series of indicators which mainly point out their probability of survival and they are named the mortality indicators. These indicators represent the basis for the calculation of the premiums quotes and for the elaboration by the insurers of premium tables. The benefit for the policyholder is to obtain insurance at a fair and competitive price and for the insurer, to maintain the experience of its portfolio in line with mortality assumptions.

  8. Pricing Rate of Return Guarantees in Regular Premium Unit Linked Insurance

    NARCIS (Netherlands)

    Schrager, D.F.; Pelsser, A.

    2004-01-01

    We derive general pricing formulas for Rate of Return Guarantees in Regular Premium Unit Linked Insurance under stochastic interest rates. Our main contribution focusses on the effect of stochastic interest rates. First, we show the effect of stochastic interest rates can be interpreted as, what is

  9. Pricing Rate of Return Guarantees in Regular Premium Unit Linked Insurance

    NARCIS (Netherlands)

    Schrager, D.F.; Pelsser, A.

    2004-01-01

    We derive general pricing formulas for Rate of Return Guarantees in Regular Premium Unit Linked Insurance under stochastic interest rates. Our main contribution focusses on the effect of stochastic interest rates. First, we show the effect of stochastic interest rates can be interpreted as, what is

  10. The Study of Insurance Premium Rate GIS Mapping Considering the Storm and Flood Hazard Risks

    Science.gov (United States)

    Lee, J. S.; Lee, I. S.

    2016-06-01

    Recently, the number of natural disaster occurrence is increasing because of abnormal changes of weather in Korea. In Korea the storm and flood insurance system is in effect to prevent these natural disasters. The national storm and flood insurance Premium rate is very low and the risk of adverse selection resides because of choosing by who lives in high risk area. To solve these problems, the storm and flood insurance rate map are required. In this study, the prototype of storm and flood insurance premium rate map of the Ulsan, Korea was made and the method of GIS analysis for the insurance premium rate calculating and the procedure of the Ulsan storm and flood insurance rate map were researched.

  11. THE STUDY OF INSURANCE PREMIUM RATE GIS MAPPING CONSIDERING THE STORM AND FLOOD HAZARD RISKS

    Directory of Open Access Journals (Sweden)

    J. S. Lee

    2016-06-01

    Full Text Available Recently, the number of natural disaster occurrence is increasing because of abnormal changes of weather in Korea. In Korea the storm and flood insurance system is in effect to prevent these natural disasters. The national storm and flood insurance Premium rate is very low and the risk of adverse selection resides because of choosing by who lives in high risk area. To solve these problems, the storm and flood insurance rate map are required. In this study, the prototype of storm and flood insurance premium rate map of the Ulsan, Korea was made and the method of GIS analysis for the insurance premium rate calculating and the procedure of the Ulsan storm and flood insurance rate map were researched.

  12. 75 FR 5808 - Publication of Model Notice for Employers to Use Regarding Eligibility for Premium Assistance...

    Science.gov (United States)

    2010-02-04

    ... Insurance Program (CHIP). The Department of Labor (Department) is required to provide the model notice to... Benefits Security Administration Publication of Model Notice for Employers to Use Regarding Eligibility for Premium Assistance Under Medicaid or the Children's Health Insurance Program, Notice AGENCY:...

  13. How Pensions Contribute to the Premium Paid to Experienced Public School Teachers

    Science.gov (United States)

    McGee, Joshua B.; Winters, Marcus A.

    2017-01-01

    Many argue that public school systems should stop linking teachers' salaries so closely to their years of experience. However, the effect of deferred retirement compensation on the premium paid to experienced teachers has, to date, been underappreciated. To shed more light on this issue, we calculate the total compensation earned by teachers in…

  14. 77 FR 19522 - Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated Plans

    Science.gov (United States)

    2012-04-02

    ... Benefits Program: New Premium Rating Method for Most Community Rated Plans AGENCY: U.S. Office of Personnel... Personnel Management is issuing a final regulation to establish a new rate-setting procedure for most FEHB... published June 29, 2011 that replaced the current rate negotiation process with a requirement that...

  15. 76 FR 36857 - Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated Plans

    Science.gov (United States)

    2011-06-23

    ...;having general applicability and legal effect, most of which are keyed #0;to and codified in the Code of... Premium Rating Method for Most Community Rated Plans AGENCY: U.S. Office of Personnel Management. ACTION... most FEHB plans that are subject to community rating. Currently, a carrier's rates for its...

  16. In Second Year Of Marketplaces, New Entrants, ACA 'Co-Ops,' And Medicaid Plans Restrain Average Premium Growth Rates.

    Science.gov (United States)

    Gabel, Jon R; Whitmore, Heidi; Green, Matthew; Stromberg, Sam T; Weinstein, Daniel S; Oran, Rebecca

    2015-12-01

    Premiums for health insurance plans offered through the federally facilitated and state-based Marketplaces remained steady or increased only modestly from 2014 to 2015. We used data from the Marketplaces, state insurance departments, and insurer websites to examine patterns of premium pricing and the factors behind these patterns. Our data came from 2,964 unique plans offered in 2014 and 4,153 unique plans offered in 2015 in forty-nine states and the District of Columbia. Using descriptive and multivariate analysis, we found that the addition of a carrier in a rating area lowered average premiums for the two lowest-cost silver plans and the lowest-cost bronze plan by 2.2 percent. When all plans in a rating area were included, an additional carrier was associated with an average decline in premiums of 1.4 percent. Plans in the Consumer Operated and Oriented Plan Program and Medicaid managed care plans had lower premiums and average premium increases than national commercial and Blue Cross and Blue Shield plans. On average, premiums fell by an appreciably larger amount for catastrophic and bronze plans than for gold plans, and premiums for platinum plans increased. This trend of low premium increases overall is unlikely to continue, however, as insurers are faced with mounting medical claims.

  17. The Public Earnings Premium in a Mineral Rich Economy: New Piece in the Puzzle

    Directory of Open Access Journals (Sweden)

    Usamah Alfarhan

    2015-02-01

    Full Text Available This paper addresses the determination of sector earnings and the public earnings premium in Saudi Arabia. It uses a primary cross section of individuals collected in 2013, and employs the Oaxaca-Blinder decomposition methodology to show whether the observed sectoral earnings' differential is explained by differences in workers' characteristics or by a favorable public wage structure. While controlling for selection, the paper shows that public workers are better endowed rather than overpaid by a wealthy state. This finding suggests that, contrary to the general belief, the determination of public earnings does not contradict active labor market policies designed to encourage private sector employment of locals.

  18. Rating a Wildfire Mitigation Strategy with an Insurance Premium: A Boreal Forest Case Study

    Directory of Open Access Journals (Sweden)

    Georgina Rodriguez-Baca

    2016-05-01

    Full Text Available Risk analysis entails the systematic use of historical information to determine the frequency, magnitude and effects of unexpected events. Wildfire in boreal North America is a key driver of forest dynamics and may cause very significant economic losses. An actuarial approach to risk analysis based on cumulative probability distributions was developed to reduce the adverse effects of wildfire. To this effect, we developed spatially explicit landscape models to simulate the interactions between harvest, fire and forest succession over time in a boreal forest of eastern Canada. We estimated the amount of reduction of timber harvest necessary to build a buffer stock of sufficient size to cover fire losses and compared it to an insurance premium estimated in units of timber volume from the probability of occurrence and the amount of damage. Overall, the timber harvest reduction we applied was much more costly than the insurance premium even with a zero interest rate. This is due to the fact that the insurance premium is directly related to risk while the timber harvest reduction is not and, as a consequence, is much less efficient. These results, especially the comparison with a standard indicator such as an insurance premium, have useful implications at the time of choosing a mitigation strategy to protect timber supplies against risk without overly diminishing the provision of services from the forest. They are also promoting the use of insurance against disastrous events in forest management planning.

  19. How a new 'public plan' could affect hospitals' finances and private insurance premiums.

    Science.gov (United States)

    Dobson, Allen; DaVanzo, Joan E; El-Gamil, Audrey M; Berger, Gregory

    2009-01-01

    Two key health reform bills in the House of Representatives and Senate include the option of a "public plan" as an additional source of health coverage. At least initially, the plan would primarily be structured to cover many of the uninsured and those who now have individual coverage. Because it is possible, and perhaps even likely, that this new public payer would pay less than private payers for the same services, such a plan could negatively affect hospital margins. Hospitals may attempt to recoup losses by shifting costs to private payers. We outline the financial pressures that hospitals and private payers could experience under various assumptions. High uninsured enrollment in a public plan would bolster hospital margins; however, this effect is reversed if the privately insured enter a public plan in large proportions, potentially stressing the hospital industry and increasing private insurance premiums.

  20. THE STUDY OF INSURANCE PREMIUM RATE GIS MAPPING CONSIDERING THE STORM AND FLOOD HAZARD RISKS

    OpenAIRE

    2016-01-01

    Recently, the number of natural disaster occurrence is increasing because of abnormal changes of weather in Korea. In Korea the storm and flood insurance system is in effect to prevent these natural disasters. The national storm and flood insurance Premium rate is very low and the risk of adverse selection resides because of choosing by who lives in high risk area. To solve these problems, the storm and flood insurance rate map are required. In this study, the prototype of storm and flood ins...

  1. An empirical analysis of the external finance premium of public non-financial corporations in Brazil

    Directory of Open Access Journals (Sweden)

    Fernando N. de Oliveira

    2012-09-01

    Full Text Available Our objective in this paper is to analyze empirically the relationship between the external finance premium of non-financial corporations in Brazil with their default probability and with their demand for inventories. As for the former relation, we find that corporations that have greater external finance premium have greater probability of default. As for the latter, we find that the external finance premium is positive and statistically significantly correlated. The results confirm previous results of the literature that indicate that the balance sheet channel of monetary policy is relevant in Brazil.

  2. 76 FR 67572 - Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible...

    Science.gov (United States)

    2011-11-01

    ... has been set for a given year, a contingency reserve ratio in excess of 20 percent of the following... deductible by the ratio of the 2012 aged actuarial rate over the 2011 aged actuarial rate. The amount... physician fees in 2012, it is appropriate to maintain a significantly larger Part B contingency reserve...

  3. 75 FR 68790 - Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible...

    Science.gov (United States)

    2010-11-09

    ... has been set for a given year, a contingency reserve ratio in excess of 20 percent of the following... deductible is calculated by multiplying the 2010 deductible by the ratio of the 2011 aged actuarial rate over... larger Part B contingency reserve than would otherwise be necessary. The asset level projected for...

  4. The Lifetime Earnings Premium in the Public Sector: The View from Europe

    OpenAIRE

    Dickson, Matt; Postel-Vinay, Fabien; Turon, Hélène

    2014-01-01

    In a context of widespread concern about budget deficits, it is important to assess whether public sector pay is in line with the private sector. Our paper proposes an estimation of differences in lifetime values of employment between public and private sectors for five European countries. We use data from the European Community Household Panel over the period 1994-2001 for Germany, the Netherlands, France, Italy and Spain. We look at lifetime values instead of wage levels because, as we show...

  5. The effects of different inflation risk premiums on interest rate spreads

    Science.gov (United States)

    Berument, Hakan; Kilinc, Zubeyir; Ozlale, Umit

    2004-02-01

    This paper analyzes how the different types of inflation uncertainty affect a set of interest rate spreads for the UK. Three types of inflation uncertainty-structural uncertainty, impulse uncertainty, and steady-state inflation uncertainty-are defined and derived by using a time-varying parameter model with a GARCH specification. It is found that both the structural and steady-state inflation uncertainties increase interest rate spreads, while the empirical evidence for the impulse uncertainty is not conclusive.

  6. Plan-provider integration, premiums, and quality in the Medicare Advantage market.

    Science.gov (United States)

    Frakt, Austin B; Pizer, Steven D; Feldman, Roger

    2013-12-01

    To investigate how integration between Medicare Advantage plans and health care providers is related to plan premiums and quality ratings. We used public data from the Centers for Medicare and Medicaid Services (CMS) and the Area Resource File and private data from one large insurer. Premiums and quality ratings are from 2009 CMS administrative files and some control variables are historical. We estimated ordinary least-squares models for premiums and plan quality ratings, with state fixed effects and firm random effects. The key independent variable was an indicator of plan-provider integration. With the exception of Medigap premium data, all data were publicly available. We ascertained plan-provider integration through examination of plans' websites and governance documents. We found that integrated plan-providers charge higher premiums, controlling for quality. Such plans also have higher quality ratings. We found no evidence that integration is associated with more generous benefits. Current policy encourages plan-provider integration, although potential effects on health insurance products and markets are uncertain. Policy makers and regulators may want to closely monitor changes in premiums and quality after integration and consider whether quality improvement (if any) justifies premium increases (if they occur). © Health Research and Educational Trust.

  7. Plan–Provider Integration, Premiums, and Quality in the Medicare Advantage Market

    Science.gov (United States)

    Frakt, Austin B; Pizer, Steven D; Feldman, Roger

    2013-01-01

    Objective. To investigate how integration between Medicare Advantage plans and health care providers is related to plan premiums and quality ratings. Data Source. We used public data from the Centers for Medicare and Medicaid Services (CMS) and the Area Resource File and private data from one large insurer. Premiums and quality ratings are from 2009 CMS administrative files and some control variables are historical. Study Design. We estimated ordinary least-squares models for premiums and plan quality ratings, with state fixed effects and firm random effects. The key independent variable was an indicator of plan–provider integration. Data Collection. With the exception of Medigap premium data, all data were publicly available. We ascertained plan–provider integration through examination of plans’ websites and governance documents. Principal Findings. We found that integrated plan–providers charge higher premiums, controlling for quality. Such plans also have higher quality ratings. We found no evidence that integration is associated with more generous benefits. Conclusions. Current policy encourages plan–provider integration, although potential effects on health insurance products and markets are uncertain. Policy makers and regulators may want to closely monitor changes in premiums and quality after integration and consider whether quality improvement (if any) justifies premium increases (if they occur). PMID:23800017

  8. 76 FR 57082 - Premium Penalty Relief; Alternative Premium Funding Target Election Relief

    Science.gov (United States)

    2011-09-15

    ... alternative premium funding target to calculate its variable rate premium (VRP). The regulations require that such an election be filed with PBGC before the VRP due date. A plan makes an election by ] checking box... funding target is not in effect, the plan must calculate its VRP using the standard premium funding target...

  9. Optimal premium policy of an insurance firm with stochastic interest rates%随机利率下保险公司最优保费策略

    Institute of Scientific and Technical Information of China (English)

    孟祥波; 张立东; 杜子平

    2013-01-01

    研究了随机利率下保险公司所面临的最优化问题.决策者可以通过调节保费费率来控制其现金余额过程.在给出预定目标水平的前提下,通过最小化现金余额过程中的总偏差,得到了最优保费策略及最优成本函数.%The optimization problem was studied which an insurance firm faced under the stochastic interest rates. The decision-makers can control its cash-balance dynamics by adjusting the underlying premium rate. The firm' s objective is to minimize the total deviation of its cash-balance process. Thus the optimal premium policy and the optimal cost function were obtained.

  10. 42 CFR 408.68 - When premiums are considered paid.

    Science.gov (United States)

    2010-10-01

    ... 42 Public Health 2 2010-10-01 2010-10-01 false When premiums are considered paid. 408.68 Section 408.68 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES....68 When premiums are considered paid. (a) Payment by check. The premium is considered paid if...

  11. 19 CFR 24.16 - Overtime services; overtime compensation and premium pay for Customs Officers; rate of compensation.

    Science.gov (United States)

    2010-04-01

    ... maximum, in effect for the year involved, in overtime and premium pay a Customs Officer shall receive in... no overtime earning limitation based on this annuity integrity provision would apply. Waivers... duty starting at 8 p.m. on the Thursday holiday and ending at 4 a.m. on Friday—the management...

  12. Downside Variance Risk Premium

    OpenAIRE

    Feunou, Bruno; Jahan-Parvar, Mohammad R.; Okou, Cédric

    2015-01-01

    We propose a new decomposition of the variance risk premium in terms of upside and downside variance risk premia. The difference between upside and downside variance risk premia is a measure of skewness risk premium. We establish that the downside variance risk premium is the main component of the variance risk premium, and that the skewness risk premium is a priced factor with significant prediction power for aggregate excess returns. Our empirical investigation highlights the positive and s...

  13. 76 FR 38282 - Federal Employees Health Benefits Program: New Premium Rating Method for Most Community Rated Plans

    Science.gov (United States)

    2011-06-29

    ... ensure the Government and Federal employees are receiving a fair market rate and a good value for their.... Instead of the SSSG comparison, there will be a separate settlement with OPM after the end of the plan... (b)(5) as follows: Sec. 1652.216-70 Accounting and price adjustment. * * * * * (b) * * * (2)...

  14. Decreasing Relative Risk Premium

    DEFF Research Database (Denmark)

    Hansen, Frank

    We consider the risk premium demanded by a decision maker with wealth x in order to be indifferent between obtaining a new level of wealth y1 with certainty, or to participate in a lottery which either results in unchanged present wealth or a level of wealth y2 > y1. We define the relative risk...... premium as the quotient between the risk premium and the increase in wealth y1–x which the decision maker puts on the line by choosing the lottery in place of receiving y1 with certainty. We study preferences such that the relative risk premium is a decreasing function of present wealth, and we determine...... relative risk premium in the small implies decreasing relative risk premium in the large, and decreasing relative risk premium everywhere implies risk aversion. We finally show that preferences with decreasing relative risk premium may be equivalently expressed in terms of certain preferences on risky...

  15. Easy Access to Premium Luxury

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    Lexus Launches Summer Financing Program with Interest Rates as Low as 2.011percent Lexus China has launched its latest financing program with interest rates as low as 2.011 percent for three of its luxury small displacement models:RX270,IS250 and ES240.The program is an additional premium offer presented by Lexus to Chinese consumers

  16. The Forward Premium Puzzle only emerges gradually

    NARCIS (Netherlands)

    K. Bernoth (Kerstin); J. von Hagen; C.G. de Vries (Casper)

    2007-01-01

    textabstractThe forward premium puzzle (FPP) is the negative correlation between the forward premium and the realized exchange rate return at maturities of a month and beyond. Some recent evidence shows that at maturities of multiple years and at the highest intra day frequency the correlation is po

  17. The Forward Premium Puzzle only emerges gradually

    NARCIS (Netherlands)

    K. Bernoth (Kerstin); J. von Hagen; C.G. de Vries (Casper)

    2007-01-01

    textabstractThe forward premium puzzle (FPP) is the negative correlation between the forward premium and the realized exchange rate return at maturities of a month and beyond. Some recent evidence shows that at maturities of multiple years and at the highest intra day frequency the correlation is

  18. Curb Your Premium

    DEFF Research Database (Denmark)

    Amaral-Garcia, Sofia; Grembi, Veronica

    2014-01-01

    We study a policy aimed at increasing the level of information on medical malpractice costs and the risk exposure of local public healthcare providers. The policy is based on enhanced monitoring of medical malpractice claims by the level of government that rules providers in a multilevel institut......We study a policy aimed at increasing the level of information on medical malpractice costs and the risk exposure of local public healthcare providers. The policy is based on enhanced monitoring of medical malpractice claims by the level of government that rules providers in a multilevel...... Regions. Our results show that this information-enhancing policy reduces paid premiums by around 15%. This reduced-form effect might arise by higher bargaining power on the demand side or increased competition on the supply side of the insurance market. Validity tests show that our findings are not driven...

  19. 42 CFR 408.210 - Termination of SMI premium surcharge agreement.

    Science.gov (United States)

    2010-10-01

    ... 42 Public Health 2 2010-10-01 2010-10-01 false Termination of SMI premium surcharge agreement. 408... Insurance Premium Surcharge Agreements § 408.210 Termination of SMI premium surcharge agreement. (a... before it can request to enter into another SMI premium surcharge agreement....

  20. Properties of Foreign Exchange Risk Premiums

    DEFF Research Database (Denmark)

    Sarno, Lucio; Schneider, Paul; Wagner, Christian

    2012-01-01

    We study the properties of foreign exchange risk premiums that can explain the forward bias puzzle, defined as the tendency of high-interest rate currencies to appreciate rather than depreciate. These risk premiums arise endogenously from the no-arbitrage condition relating the term structure...... of interest rates and exchange rates. Estimating affine (multi-currency) term structure models reveals a noticeable tradeoff between matching depreciation rates and accuracy in pricing bonds. Risk premiums implied by our global affine model generate unbiased predictions for currency excess returns...

  1. 78 FR 73821 - Publication of Depreciation Rates

    Science.gov (United States)

    2013-12-09

    ... Rural Utilities Service Publication of Depreciation Rates AGENCY: Rural Utilities Service. ACTION: Notice of Depreciation Rates for Telecommunications Plant. SUMMARY: The United States Department of... Telecommunications Program. RUS announces the depreciation rates for telecommunications plant for the period...

  2. Decreasing relative risk premium

    DEFF Research Database (Denmark)

    Hansen, Frank

    2007-01-01

    such that the corresponding relative risk premium is a decreasing function of present wealth, and we determine the set of associated utility functions. We find a new characterization of risk vulnerability and determine a large set of utility functions, closed under summation and composition, which are both risk vulnerable...... and have decreasing relative risk premium. We finally introduce the notion of partial risk neutral preferences on binary lotteries and show that partial risk neutrality is equivalent to preferences with decreasing relative risk premium...

  3. 76 FR 6762 - Publication of Depreciation Rates

    Science.gov (United States)

    2011-02-08

    ... Rural Utilities Service Publication of Depreciation Rates AGENCY: Rural Utilities Service, USDA. ACTION... Agriculture (USDA), announces the depreciation rates for telecommunications plant for the period ending... Common to Insured and Guaranteed Telecommunications Loans, Sec. 1737.70(e) explains the...

  4. Risk allocation in a public-private catastrophe insurance system : an actuarial analysis of deductibles, stop-loss, and premiums

    NARCIS (Netherlands)

    Paudel, Y.; Botzen, W. J. W.; Aerts, J. C. J. H.; Dijkstra, T. K.

    2015-01-01

    A public-private (PP) partnership could be a viable arrangement for providing insurance coverage for catastrophe events, such as floods and earthquakes. The objective of this paper is to obtain insights into efficient and practical allocations of risk in a PP insurance system. In particular, this st

  5. The Pupil Premium: Next Steps

    Science.gov (United States)

    Sutton Trust, 2015

    2015-01-01

    The pupil premium was introduced by the Coalition government in April 2011 to provide additional funding for disadvantaged pupils. The main difference between the premium and previous funding for disadvantaged pupils is that the premium is linked to individual pupils. On July 1, 2015, The Pupil Premium Summit organized by the Education Endowment…

  6. 77 FR 65664 - Publication of Depreciation Rates

    Science.gov (United States)

    2012-10-30

    ... Rural Utilities Service Publication of Depreciation Rates AGENCY: Rural Utilities Service, USDA. ACTION...) administers rural utilities programs, including the Telecommunications Program. RUS announces the depreciation... the depreciation rates that are used by RUS in its feasibility studies. Sec. 1737.70(e)(2) refers...

  7. 76 FR 72672 - Publication of Depreciation Rates

    Science.gov (United States)

    2011-11-25

    ... Rural Utilities Service Publication of Depreciation Rates AGENCY: Rural Utilities Service, USDA. ACTION...) administers rural utilities programs, including the Telecommunications Program. RUS announces the depreciation... the depreciation rates that are used by RUS in its feasibility studies. Sec. 1737.70(e)(2) refers...

  8. Decreasing relative risk premium

    DEFF Research Database (Denmark)

    Hansen, Frank

    2007-01-01

    We consider the risk premium demanded by a decision maker in order to be indifferent between obtaining a new level of wealth with certainty, or to participate in a lottery which either results in unchanged wealth or an even higher level than what can be obtained with certainty. We study preferences...... such that the corresponding relative risk premium is a decreasing function of present wealth, and we determine the set of associated utility functions. We find a new characterization of risk vulnerability and determine a large set of utility functions, closed under summation and composition, which are both risk vulnerable...... and have decreasing relative risk premium. We finally introduce the notion of partial risk neutral preferences on binary lotteries and show that partial risk neutrality is equivalent to preferences with decreasing relative risk premium...

  9. 巨灾风险下的农作物保险费率厘定研究%Setting the Premium Rate of Crop Insurance under Catastrophic Risk

    Institute of Scientific and Technical Information of China (English)

    刘小康; 谷洪波

    2012-01-01

    With the frequent occurence of natural disasters in recent years,agricultural insurance has become the one of the top priorities and hot spots for academic and practical departments study.Based on results of previous research,this paper focuses on the mathematical analysis and inquiry to set the crop insurance rates at all levels under catastrophic risk.Through analyzing relevant risk variables of crop losses,the article determines the pure premium rate via the fitted distribution method,then defines the reinsurance rates through the agricultural catastrophic risk measured by POT model in the extreme value theory,and combines the capital asset pricing method to develop the additional rate of agricultural insurance including the catastrophic risk.Finally,it studies some examples to help apply the theoretical framework.%近年来,随着自然灾害的频发,农业保险成为学术界和实践部门研究的重点和热点,研究成果不断涌现。本文在已有研究基础上,对巨灾风险下的农作物保险各层次费率厘定进行了数理分析与探究:利用拟合分布法厘定纯费率;利用极值理论超阈值模型度量农业巨灾风险确定再保险费率;结合资本资产定价法厘定包含巨灾风险的农业保险附加费率,最后,进行了应用举例。

  10. 42 CFR 406.33 - Determination of months to be counted for premium increase: Enrollment.

    Science.gov (United States)

    2010-10-01

    ... increase: Enrollment. 406.33 Section 406.33 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES... Premium Hospital Insurance § 406.33 Determination of months to be counted for premium increase: Enrollment... premium increase are the months from the end of the initial enrollment period through the end of the...

  11. 29 CFR 778.204 - “Clock pattern” premium pay.

    Science.gov (United States)

    2010-07-01

    ... POLICY OR INTERPRETATION NOT DIRECTLY RELATED TO REGULATIONS OVERTIME COMPENSATION Payments That May Be Excluded From the âRegular Rateâ Extra Compensation Paid for Overtime § 778.204 “Clock pattern” premium pay... extra compensation provided by such premium rate will be treated as an overtime premium if the...

  12. 76 FR 79714 - Premium Changes Based On Recharacterization of Contributions

    Science.gov (United States)

    2011-12-22

    ... PBGC. For single- employer plans, premiums include an amount (the variable-rate premium, or VRP) based... reduces any VRP for the current year. If a contribution is characterized as being for the current year, it does not increase plan assets as of the beginning of the current year and thus does not affect VRP for...

  13. Decreasing Relative Risk Premium

    DEFF Research Database (Denmark)

    Hansen, Frank

    We consider the risk premium demanded by a decision maker with wealth x in order to be indifferent between obtaining a new level of wealth y1 with certainty, or to participate in a lottery which either results in unchanged present wealth or a level of wealth y2 > y1. We define the relative risk...

  14. 森林火灾保险纯费率厘定模型及实证分析%Model and Empirical Analysis on Forest Fire Insurance Pure Premium Rate Making

    Institute of Scientific and Technical Information of China (English)

    张德成; 陈绍志; 白冬艳

    2016-01-01

    Objective]Developing forest fire insurance pure rates ( P ) model which adapt to China ’s current forest insurance system and making analysis on forest fire insurance rates distribution by regional in China can provide the method and reference for rating the forest fire insurance premium rate scientifically and reasonably. [Method]This paper developed a forest fire insurance pure premium rate model basing on Holecy’s forest fire insurance premium rate model (Holecy et al.,2003;2006). The Expected pure premium rate (EP)is mean of forest fire occurrence probability and the Risk pure premium rate( RP) is tolerable error of EP. The model involved the insurance rate fire occurrence probability and other factors. It replaced the Holecy model’s insured area variable and changed the measurement units from the actual value to thousand points(‰) . To check the model,it make an analysis on China’s forest insurance pure premium rate under different insurance rates by regions in 2014 and compare the estimation results( PβM ) and the actual rate( P*βM ) of 19 forest insurance modeling regions by paired sample T test.[Result]It indicated that the EP of most regions in China were below 1. 00‰ but regional differences was significant. The P shall increase with the decreasing of the insured rate. The P of 19 forest insurance modeling regions is 0. 05% to 7. 20% as the current insured rate. There was no significant difference between the actual pure premium rate and estimated pure premium rate according to the paired samples T test.[Conclusion]The model considered both the identified and uncertain factors and fitted current forest insurance system in China. The estimated result was accurate. It recommended that the data should be adjusted dynamically according to the time and spatial variation when using the model. This model can be use to determine the forest fire insurance gross premium rate.%【目的】研究适用于我国现行森林保险制度的森林火灾

  15. Optimal Premium Pricing for a Heterogeneous Portfolio of Insurance Risks

    Directory of Open Access Journals (Sweden)

    Athanasios A. Pantelous

    2009-01-01

    Full Text Available The paper revisits the classical problem of premium rating within a heterogeneous portfolio of insurance risks using a continuous stochastic control framework. The portfolio is divided into several classes where each class interacts with the others. The risks are modelled dynamically by the means of a Brownian motion. This dynamic approach is also transferred to the design of the premium process. The premium is not constant but equals the drift of the Brownian motion plus a controlled percentage of the respective volatility. The optimal controller for the premium is obtained using advanced optimization techniques, and it is finally shown that the respective pricing strategy follows a more balanced development compared with the traditional premium approaches.

  16. PREMIUMS CALCULATION FOR LIFE INSURANCE

    Directory of Open Access Journals (Sweden)

    ANA PREDA

    2012-10-01

    Full Text Available The paper presents the techniques and the formulas used on international practice for establishing the premiums for a life policy. The formulas are generally based on a series of indicators named mortality indicators which mainly point out the insured survival probability, the death probability and life expectancy at certain age. I determined, using a case study, the unique net premium, the annual net premium for a survival insurance, whole life insurance and mixed life insurance.

  17. Risk Premium and Expectations in Higher Education

    OpenAIRE

    Gonzalo Castex

    2011-01-01

    This paper takes the risk of college participation into context when evaluating the return to college education. College dropout and a higher permanent income shock for those who graduate from college accounts for 51% of the excess return to college education. Using a simple risk premium approach, I reconcile the observed high average returns to schooling with relatively low attendance rates. A high dropout risk has two important effects on the estimated average returns to college education: ...

  18. 14 CFR 198.13 - Premium insurance-payment of premiums.

    Science.gov (United States)

    2010-01-01

    ... (CONTINUED) WAR RISK INSURANCE AVIATION INSURANCE § 198.13 Premium insurance—payment of premiums. The insured must pay the premium for insurance issued under this part within the stated period after receipt of... 14 Aeronautics and Space 3 2010-01-01 2010-01-01 false Premium insurance-payment of premiums....

  19. Foreign Exchange Risk Premium; Does Fiscal Policy Matter? Evidence From Italian Data

    OpenAIRE

    Lorenzo Giorgianni

    1997-01-01

    This paper challenges the conventional view that foreign exchange risk premiums are small, not volatile, and unrelated to macroeconomic variables. For the Italian lira (1987-94), unconditional risk premiums—constructed using survey data to measure exchange rate expectations—are found to be sizable (relative to the dimension of the forward premium), highly volatile (relative to the variability of the forward bias), and predictable. Estimation of structural models of the risk premium suggests t...

  20. 75 FR 73166 - Publication of the Tier 2 Tax Rates

    Science.gov (United States)

    2010-11-29

    ... Internal Revenue Service Publication of the Tier 2 Tax Rates AGENCY: Internal Revenue Service, Treasury. ACTION: Notice. SUMMARY: Publication of the tier 2 tax rates for calendar year 2011 as required by section 3241(d) of the Internal Revenue Code (26 U.S.C. section 3241). Tier 2 taxes on railroad...

  1. 77 FR 71481 - Publication of the Tier 2 Tax Rates

    Science.gov (United States)

    2012-11-30

    ... Internal Revenue Service Publication of the Tier 2 Tax Rates AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice. ] SUMMARY: Publication of the tier 2 tax rates for calendar year 2013 as required by section 3241(d) of the Internal Revenue Code (26 U.S.C. 3241). Tier 2 taxes on railroad...

  2. 76 FR 71623 - Publication of the Tier 2 Tax Rates

    Science.gov (United States)

    2011-11-18

    ... Internal Revenue Service Publication of the Tier 2 Tax Rates AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice. SUMMARY: Publication of the tier 2 tax rates for calendar year 2012 as required by section 3241(d) of the Internal Revenue Code (26 U.S.C. section 3241). Tier 2 taxes on...

  3. 78 FR 71039 - Publication of the Tier 2 Tax Rates

    Science.gov (United States)

    2013-11-27

    ... Internal Revenue Service Publication of the Tier 2 Tax Rates AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice. SUMMARY: Publication of the tier 2 tax rates for calendar year 2014 as required by section 3241(d) of the Internal Revenue Code (26 U.S.C. section 3241). Tier 2 taxes on...

  4. MODEL PERAMALAN KONSUMSI BAHAN BAKAR JENIS PREMIUM DI INDONESIA DENGAN REGRESI LINIER BERGANDA

    Directory of Open Access Journals (Sweden)

    Farizal

    2014-12-01

    Full Text Available Energy consumption forecasting, especially premium, is an integral part of energy management. Premium is a type of energy that receives government subsidy. Unfortunately, premium forecastings being performed have considerable high error resulting difficulties on reaching planned subsidy target and exploding the amount. In this study forecasting was conducted using multilinear regression (MLR method with ten candidate predictor variables. The result shows that only four variables which are inflation, selling price disparity between pertamanx and premium, economic growth rate, and the number of car, dictate premium consumption. Analsys on the MLR model indicates that the model has a considerable low error with the mean absolute percentage error (MAPE of 5.18%. The model has been used to predict 2013 primium consumption with 1.05% of error. The model predicted that 2013 premium consumption was 29.56 million kiloliter, while the reality was 29.26 million kiloliter.

  5. A net premium model for life insurance under a sort of general uncertain interest rate%一类广义不确定利率下的寿险净保费模型

    Institute of Scientific and Technical Information of China (English)

    王达布希拉图; 容炳华

    2012-01-01

    The uncertainty of the interest rate is characterized by its random fuzziness as well as the difficulties of accurate measurement. In the actuarial of investment based life insurance, the uncertain return rate should be taken into account properly. In this paper, we use the triangular fuzzy number to estimate the discount function with concept of a general interest rate, and establish the endowments and life annuity models with fuzzy random variables. A novel fuzzy net premium model is obtained. Finally, a statistical simulation is given.%利率的不确定性主要体现在它的模糊随机性和精确度量的困难性方面.投资性保险的精算中应适当考虑投资的不确定收益率.文章在广义利率意义下对贴现函数进行模糊估计,将其描述为三角模糊数,利用模糊随机变量建立两全保险和生存年金模型,并通过精算现值理论得出新的净保费模型,最后给出统计模拟算例.

  6. Publication Rates of Public Health Theses in International and National Peer-Review Journals in Turkey

    Directory of Open Access Journals (Sweden)

    AO Karababa

    2012-09-01

    Full Text Available Background: Thesis is an important part of specialisation and doctorate education and requires intense work. The aim of this study was to investigate the publication rates of Turkish Public Health Doctorate Theses (PHDT and Public Health Specialization (PHST theses in international and Turkish national peer-review journals and to analyze the distribution of research areas. Methods: List of all theses upto 30 September 2009 were retrieved from theses database of the Council of Higher Education of the Republic of Turkey. The publication rates of these theses were found by searching PubMed, Science Citation Index-Expanded, Turkish Academic Network and Information Center (ULAKBIM Turkish Medical Database, and Turkish Medline databases for the names of thesis author and mentor. The theses which were published in journals indexed either in PubMed or SCI-E were considered as international publications. Results: Our search yielded a total of 538 theses (243 PHDT, 295 PHST. It was found that the overall publication rate in Turkish national journals was 18%. The overall publication rate in international journals was 11.9%. Overall the most common research area was occupational health. Conclusion: Publication rates of Turkish PHDT and PHST are low. A better understanding of factors affecting this publication rate is important for public health issues where national data is vital for better intervention programs and develop better public health policies.

  7. Public Policies and Suicide Rates in the American States

    Science.gov (United States)

    Flavin, Patrick; Radcliff, Benjamin

    2009-01-01

    We are interested in the relationship between public policies and outcomes measuring quality of life. There is no outcome more final than the ending of one's own life. Accordingly, we test the relationship between public policy regimes and suicide rates in the American states. Controlling for other relevant factors (most notably a state's stock of…

  8. Public Policies and Suicide Rates in the American States

    Science.gov (United States)

    Flavin, Patrick; Radcliff, Benjamin

    2009-01-01

    We are interested in the relationship between public policies and outcomes measuring quality of life. There is no outcome more final than the ending of one's own life. Accordingly, we test the relationship between public policy regimes and suicide rates in the American states. Controlling for other relevant factors (most notably a state's stock of…

  9. Do "premium" joint implants add value?: analysis of high cost joint implants in a community registry.

    Science.gov (United States)

    Gioe, Terence J; Sharma, Amit; Tatman, Penny; Mehle, Susan

    2011-01-01

    Numerous joint implant options of varying cost are available to the surgeon, but it is unclear whether more costly implants add value in terms of function or longevity. We evaluated registry survival of higher-cost "premium" knee and hip components compared to lower-priced standard components. Premium TKA components were defined as mobile-bearing designs, high-flexion designs, oxidized-zirconium designs, those including moderately crosslinked polyethylene inserts, or some combination. Premium THAs included ceramic-on-ceramic, metal-on-metal, and ceramic-on-highly crosslinked polyethylene designs. We compared 3462 standard TKAs to 2806 premium TKAs and 868 standard THAs to 1311 premium THAs using standard statistical methods. The cost of the premium implants was on average approximately $1000 higher than the standard implants. There was no difference in the cumulative revision rate at 7-8 years between premium and standard TKAs or THAs. In this time frame, premium implants did not demonstrate better survival than standard implants. Revision indications for TKA did not differ, and infection and instability remained contributors. Longer followup is necessary to demonstrate whether premium implants add value in younger patient groups. Level III, therapeutic study. See Guidelines for Authors for a complete description of levels of evidence.

  10. 29 CFR 778.201 - Overtime premiums-general.

    Science.gov (United States)

    2010-07-01

    ... POLICY OR INTERPRETATION NOT DIRECTLY RELATED TO REGULATIONS OVERTIME COMPENSATION Payments That May Be Excluded From the âRegular Rateâ Extra Compensation Paid for Overtime § 778.201 Overtime premiums—general..., the extra compensation provided by the premium rates need not be included in the employee's...

  11. 'Benefits cycle' replacing premium cycle as consumerism takes hold.

    Science.gov (United States)

    2002-05-01

    The traditional premium cycle of ups and downs in rates is giving way to a new phenomenon--driven by the advent of consumerism in health care--termed the "benefits cycle" by one consultant. Rather than shifts in rates, he argues, the future will see shifts in benefits packages.

  12. Portfolio size as funktion of the premium: modeling and optimization

    DEFF Research Database (Denmark)

    Asmussen, Søren; Christensen, Bent Jesper; Taksar, Michael I

    An insurance company has a large number N of potential customers characterized by i.i.d. r.v.'s A1,…,AN giving the arrival rates of claims. Customers are risk averse, and a customer accepts an offered premium p according to his A-value. The modeling further involves a discount rate d>r of customers...

  13. Quantile regression modeling for Malaysian automobile insurance premium data

    Science.gov (United States)

    Fuzi, Mohd Fadzli Mohd; Ismail, Noriszura; Jemain, Abd Aziz

    2015-09-01

    Quantile regression is a robust regression to outliers compared to mean regression models. Traditional mean regression models like Generalized Linear Model (GLM) are not able to capture the entire distribution of premium data. In this paper we demonstrate how a quantile regression approach can be used to model net premium data to study the effects of change in the estimates of regression parameters (rating classes) on the magnitude of response variable (pure premium). We then compare the results of quantile regression model with Gamma regression model. The results from quantile regression show that some rating classes increase as quantile increases and some decrease with decreasing quantile. Further, we found that the confidence interval of median regression (τ = O.5) is always smaller than Gamma regression in all risk factors.

  14. Optimal dynamic premium control in non-life insurance. Maximizing dividend pay-outs

    DEFF Research Database (Denmark)

    Højgaard, Bjarne

    2002-01-01

    In this paper we consider the problem of finding optimal dynamic premium policies in non-life insurance. The reserve of a company is modeled using the classical Cramér-Lundberg model with premium rates calculated via the expected value principle. The company controls dynamically the relative safety...

  15. 38 CFR 7.4 - The premium.

    Science.gov (United States)

    2010-07-01

    ... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false The premium. 7.4 Section 7.4 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS SOLDIERS' AND SAILORS... association. (a) The premium on a policy will be calculated on an annual basis, and if the annual premium...

  16. Public Rates of Return on Higher Education Investments, by State

    Science.gov (United States)

    Courtright, Stephen H.; Fry, Cary G.

    2007-01-01

    Public rates of return on higher education expenditures are calculated by state. Benefits accruing to states from their investments in higher education are measured by differential tax revenues collected from college-educated citizens versus high-school-educated citizens. For most states we find an adequate rate of return on such investments.…

  17. High nonpublication rate from publication professionals hinders evidence-based publication practices

    Science.gov (United States)

    Stretton, Serina; Kenreigh, Charlotte A.; Wagner, Linda T.; Woolley, Karen L.

    2016-01-01

    Background. The need for timely, ethical, and high-quality reporting of clinical trial results has seen a rise in demand for publication professionals. These publication experts, who are not ghostwriters, work with leading medical researchers and funders around the world to plan and prepare thousands of publications each year. Despite the involvement of publication professionals in an increasing number of peer-reviewed publications, especially those that affect patient care, there is limited evidence-based guidance in the peer-reviewed literature on their publication practices. Similar to the push for editors and the peer-review community to conduct and publish research on publication ethics and the peer-review process, the International Society for Medical Publication Professionals (ISMPP) has encouraged members to conduct and publish research on publication planning and practices. Our primary objective was to investigate the publication rate of research presented at ISMPP Annual Meetings. Methods. ISMPP Annual Meeting abstract lists (April 2009–April 2014) were searched in November 2014 and data were extracted into a pilot-tested spreadsheet. MEDLINE was searched in December 2014 to determine the publication rate (calculated as the % of presented abstracts published as full papers in peer-reviewed journals). Data were analyzed using the Cochran-Armitage trend test (significance: P < .05) by an independent academic statistician. Results. From 2009 to 2014, there were 220 abstracts submitted, 185 accepted, and 164 presented. There were four corresponding publications (publication rate 2.4%). Over time, ISMPP’s abstract acceptance rate (overall: 84.1%) did not change, but the number of abstracts presented increased significantly (P = .02). Most abstracts were presented as posters (81.1%) and most research was observational (72.6%). Most researchers came from the US (78.0%), followed by Europe (17.7%), and the Asia-Pacific region (11.2%). Discussion. Research

  18. High nonpublication rate from publication professionals hinders evidence-based publication practices

    Directory of Open Access Journals (Sweden)

    Luke C. Carey

    2016-05-01

    Full Text Available Background. The need for timely, ethical, and high-quality reporting of clinical trial results has seen a rise in demand for publication professionals. These publication experts, who are not ghostwriters, work with leading medical researchers and funders around the world to plan and prepare thousands of publications each year. Despite the involvement of publication professionals in an increasing number of peer-reviewed publications, especially those that affect patient care, there is limited evidence-based guidance in the peer-reviewed literature on their publication practices. Similar to the push for editors and the peer-review community to conduct and publish research on publication ethics and the peer-review process, the International Society for Medical Publication Professionals (ISMPP has encouraged members to conduct and publish research on publication planning and practices. Our primary objective was to investigate the publication rate of research presented at ISMPP Annual Meetings. Methods. ISMPP Annual Meeting abstract lists (April 2009–April 2014 were searched in November 2014 and data were extracted into a pilot-tested spreadsheet. MEDLINE was searched in December 2014 to determine the publication rate (calculated as the % of presented abstracts published as full papers in peer-reviewed journals. Data were analyzed using the Cochran-Armitage trend test (significance: P < .05 by an independent academic statistician. Results. From 2009 to 2014, there were 220 abstracts submitted, 185 accepted, and 164 presented. There were four corresponding publications (publication rate 2.4%. Over time, ISMPP’s abstract acceptance rate (overall: 84.1% did not change, but the number of abstracts presented increased significantly (P = .02. Most abstracts were presented as posters (81.1% and most research was observational (72.6%. Most researchers came from the US (78.0%, followed by Europe (17.7%, and the Asia-Pacific region (11.2%. Discussion

  19. Effects of tort reforms and other factors on medical malpractice insurance premiums.

    Science.gov (United States)

    Zuckerman, S; Bovbjerg, R R; Sloan, F

    1990-01-01

    We use state-level data on physician malpractice premiums, claims, and awards, provided by insurance companies for the years 1974 to 1986, to evaluate the effectiveness of the various tort reforms that have been legislated during the 1970s and 1980s. In addition to the tort reforms, our analysis of premiums considers insurers' anticipated losses, returns on investments, the type of insurer, and premium regulation. Our results suggest that the only reforms that significantly lower premiums are those that either impose a cap on the amount of physician liability or reduce the amount of time a plaintiff has to initiate a claim. We also find that premiums are lower when states regulate rates by requiring prior approval of premiums. In addition, it appears that the observed cyclicality in premiums is due, in part, to fluctuations in the real interest rates available to insurers as returns on investments. Unfortunately, we did not find as strong a link between the determinants of premiums, claims, and awards as might be expected.

  20. Aggregating post-publication peer reviews and ratings.

    Science.gov (United States)

    Florian, Răzvan V

    2012-01-01

    Allocating funding for research often entails the review of the publications authored by a scientist or a group of scientists. For practical reasons, in many cases this review cannot be performed by a sufficient number of specialists in the core domain of the reviewed publications. In the meanwhile, each scientist reads thoroughly, on average, about 88 scientific articles per year, and the evaluative information that scientists can provide about these articles is currently lost. I suggest that aggregating in an online database reviews or ratings on the publications that scientists read anyhow can provide important information that can revolutionize the evaluation processes that support funding decisions. I also suggest that such aggregation of reviews can be encouraged by a system that would provide a publicly available review portfolio for each scientist, without prejudicing the anonymity of reviews. I provide some quantitative estimates on the number and distribution of reviews and ratings that can be obtained.

  1. A theoretical and practical perspective on the equity risk premium

    NARCIS (Netherlands)

    Salomons, Roelof

    2008-01-01

    In historical perspective, equity returns have been higher than interest rates but have also varied a good deal more. However, the average excess return has been larger than what could be expected based on classical equilibrium theory: the equity risk premium (ERP) puzzle. This paper has two objecti

  2. Rising caesarean section rates in public hospitals in Malaysia 2006.

    Science.gov (United States)

    Ravindran, J

    2008-12-01

    The caesarean section rate in Malaysian public hospitals has increased to 15.7% from 10.5% in the year 2000. There are inter-state variations in the rate ranging from a high of 25.4% in Melaka to 10.9% in Sabah. The West Coast states generally had a higher caesarean section rate than the East Coast states as well as East Malaysia. It would be prudent for Malaysia to implement stringent caesarean audits to ensure that rising caesarean section rates are kept in check.

  3. Utility rate structuring. Official transcript of public briefing

    Energy Technology Data Exchange (ETDEWEB)

    1978-06-01

    Sam Hughes, Assistant Secretary for Intergovernmental and Institutional Relations, DOE, made the introductions at the public briefing on electric rate structuring, February 28, 1978 in Washington, D.C. Ms. Tina Hobson served as moderator. A panel of experts on energy issues responded to questions that consumer and public interest groups raised about energy issues, particularly electric rate structures. DOE panel members were: David Bordin, Charles Curtis, Robert R. Nordhaus, Hazel R. Rollins, and Douglas C. Bauer. Thirty-six questions previously submitted by consumer and public interest groups are listed and the answers prepared by DOE program offices are published in Appendix A. After the briefing, the questions posed at the meeting are re-examined and detailed answers are published by DOE program offices.

  4. The conditional size premium and intertemporal risk

    DEFF Research Database (Denmark)

    de Oliveira Souza, Thiago

    2017-01-01

    The size premium only appears in states with good expected stock returns as given by several state variables, such as the aggregate book-to-market. The annual premium is 15% when this variable is within the top 33% in historical terms and an insignificant 0.4% otherwise. This renders the uncondit......The size premium only appears in states with good expected stock returns as given by several state variables, such as the aggregate book-to-market. The annual premium is 15% when this variable is within the top 33% in historical terms and an insignificant 0.4% otherwise. This renders...... the unconditional tests about the size premium inaccurate: For example, the unconditional evidence in the literature supporting the intertemporal risk explanation of the size premium is absent in a conditional sense. Indeed, the conditional and unconditional intertemporal hedging properties of the small stocks...

  5. Why Do Firms Pay an Overtime Premium?

    OpenAIRE

    Hart, Robert A.; Ma, Yue

    2000-01-01

    We develop a rationale for the payment by firms of a wage premium on marginal, or overtime, weekly hours. We examine wage-hours contracts within the framework of a two-period specific human capital model with asymmetric information. The wage premium serves to achieve contract efficiency. For those weekly hours for which a premium is paid, worker compensation exceeds the value of marginal product. There is an optimal automatic compensatory differential rule between straight-time wages and the ...

  6. The Envy Premium in Product Evaluation

    OpenAIRE

    Niels van de Ven; Marcel Zeelenberg; Rik Pieters

    2011-01-01

    Consumers are willing to pay a premium for products that elicit their envy. The more people compared themselves to a superior other, the higher the envy premium was. Yet, the emotion envy and not the upward comparison drove the final effects. The envy premium only emerged for a desirable product that the superior other owned (iPhone) when people experienced benign envy. Benign envy is elicited when the other's superior position is deserved, and malicious envy when it is undeserved. When peopl...

  7. Publication rates of papers presented at the Brazilian Orthopedic Meeting.

    Science.gov (United States)

    Ejnisman, Leandro; Gomes, Guilherme Sevá; de Oliveira, Rafael Garcia; Malavolta, Eduardo Angeli; Gobbi, Riccardo Gomes; de Camargo, Olavo Pires

    2013-01-01

    To quantify the publication rates of the papers presented at the 2007 Brazilian Orthopedics Meeting (Congresso Brasileiro de Ortopedia - CBOT). Evaluation of the proportion of abstracts submitted by the various orthopedic subspecialties and according to the Brazilian states. Then, a Lilacs and PubMed search was performed in order to determine which presentations generated national or international published papers. São Paulo and the Southeast region were responsible for the greatest number of presentations at the congress (54.1% and 68.3% respectively). Shoulder and Elbow were the subspecialty responsible for more presentations (13.8%). Among the 653 studies presented at the congress, 174 (26.6%) were published. Oral presentations obtained a publication rate 3.58 times higher than posters. The CBOT publication rate is lower than 30%. Many of the papers presented at the CBOT does not pass the scrutiny of scientific journals and therefore should not be the only source of scientific update of the participants: Descriptive Epidemiologic.

  8. Duplicate publication rate decline in Korean medical journals.

    Science.gov (United States)

    Kim, Soo Young; Bae, Chong-Woo; Hahm, Chang Kok; Cho, Hye Min

    2014-02-01

    The purpose of this study was to examine trends in duplicate publication in Korean medical articles indexed in the KoreaMed database from 2004 to 2009, before and after a campaign against scientific misconduct launched by the Korean Association of Medical Journal Editors in 2006. The study covered period from 2007 to 2012; and 5% of the articles indexed in KoreaMed were retrieved by random sampling. Three authors reviewed full texts of the retrieved articles. The pattern of duplicate publication, such as copy, salami slicing (fragmentation), and aggregation (imalas), was also determined. Before the launching ethics campaign, the national duplication rate in medical journals was relatively high: 5.9% in 2004, 6.0% in 2005, and 7.2% in 2006. However, duplication rate steadily declined to 4.5% in 2007, 2.8% in 2008, and 1.2 % in 2009. Of all duplicated articles, 53.4% were classified as copies, 27.8% as salami slicing, and 18.8% as aggregation (imalas). The decline in duplicate publication rate took place as a result of nationwide campaigns and monitoring by KoreaMed and KoreaMed Synapse, starting from 2006.

  9. [Teenage fecundity rates in Chile: a serious public health problem].

    Science.gov (United States)

    Molina C, Ramiro; Molina G, Temístocles; González A, Electra

    2007-01-01

    Teenage fecundity rates are an indicator of epidemiological discrimination in developing countries. To study fertility rates of girls under 14 years of age in Chile from 1993 to 2003. Information of children born alive from mothers aged 10 to 15 years, was obtained from the Chilean National Institute of Statistics. Age segmented population data was obtained from the Ministry of Health. Trends were analyzed by regions and single ages. The rates in communities of the Metropolitan Region were compared. Between 1993 and 2003, there was an increasing trend in fecundity rates, ratios and crude numbers. These rates duplicate from 14 to 15 years of age. In the Metropolitan Region, the fecundity ratios of communities with lower economical incomes is seven times greater than those with higher incomes. During 2003, the fecundity rates in Chile were 100 and 10 higher than those of Holland and Sweden in 1981. In developing countries with very low infant mortality rates such as Chile, the high fecundity rates of young girls is an indicator of a deficient human and social development. Sexual Education and Health Services for adolescents are essential to prevent this public health problem.

  10. Sustainable development and public health: rating European countries

    Directory of Open Access Journals (Sweden)

    Seke Kristina

    2013-01-01

    Full Text Available Abstract Background Sustainable development and public health quite strongly correlate, being connected and conditioned by one another. This paper therein attempts to offer a representation of Europe’s current situation of sustainable development in the area of public health. Methods A dataset on sustainable development in the area of public health consisting of 31 European countries (formally proposed by the European Union Commission and EUROSTAT has been used in this paper in order to evaluate said issue for the countries listed thereof. A statistical method which synthesizes several indicators into one quantitative indicator has also been utilized. Furthermore, the applied method offers the possibility to obtain an optimal set of variables for future studies of the problem, as well as for the possible development of indicators. Results According to the results obtained, Norway and Iceland are the two foremost European countries regarding sustainable development in the area of public health, whereas Romania, Lithuania, and Latvia, some of the European Union’s newest Member States, rank lowest. The results also demonstrate that the most significant variables (more than 80% in rating countries are found to be “healthy life years at birth, females” (r2 = 0.880, “healthy life years at birth, males” (r2 = 0.864, “death rate due to chronic diseases, males” (r2 = 0.850, and “healthy life years, 65, females” (r2 = 0.844. Conclusions Based on the results of this paper, public health represents a precondition for sustainable development, which should be continuously invested in and improved. After the assessment of the dataset, proposed by EUROSTAT in order to evaluate progress towards the agreed goals of the EU Sustainable Development Strategy (SDS, this paper offers an improved set of variables, which it is hoped, may initiate further studies concerning this problem.

  11. 42 CFR 406.32 - Monthly premiums.

    Science.gov (United States)

    2010-10-01

    ... HOSPITAL INSURANCE ELIGIBILITY AND ENTITLEMENT Premium Hospital Insurance § 406.32 Monthly premiums. (a... respect to individuals age 65 or over from the Federal Hospital Insurance Trust Fund during the succeeding... payable to “CMS Medicare Insurance,” and shows his or her name and the claim number that appears on his or...

  12. Research on Adjust Time of Premium

    Institute of Scientific and Technical Information of China (English)

    2000-01-01

    By considering economic strength and economic profit of insurance company, this paper presents a concept-contact point, and gives premium expectation adjust time model which provides more practical significance for insurance company to make rational adjustment of premium. Finally, an illustration is given to show their application.

  13. On the characterization of convex premium principles

    OpenAIRE

    Marta Cardin; Graziella Pacelli

    2006-01-01

    In actuarial literature the properties of risk measures or insurance premium principles have been extensively studied . We propose a characterization of a particular class of coherent risk measures defined in [1]. The considered premium principles are obtained by expansion of TVar measures, consequently they look like very interesting in insurance pricing where TVar measures is frequently used to value tail risks.

  14. Influence of Flexible Crop Yield Distribution on Crop Insurance Premium Rate——A Case Study on Cotton Insurance in Three Areas of Xinjiang

    Institute of Scientific and Technical Information of China (English)

    2012-01-01

    Based on theoretical analysis of crop risk and premium rate setting,we take the case of premium rate setting of insurance on cotton yield in Shache County,Shaya County and Aksu City of Xinjiang.Using parametric methods and insurance actuarial technique,we select the optimal model for risk fitting of cotton yield in three areas;compare the premium rate calculated accurately under four risk distribution assumptions of cotton yield,and the rational premium rate,to analyze the impact of risk distribution of crop yield on premium rate setting.The empirical results show that the Logistic distribution is the optimal distribution for risk fitting of cotton yield in three areas;the rational net premium rate of cotton insurance in three areas is 7.62%,6.32% and 4.96%,respectively;there are errors in premium rate setting under assumptions of normal distribution,normalized skew distribution and Weibull distribution,ranging from 0.2 percentage points to 8 percentage points.Thus,it indicates that the selection of risk distribution model of yield directly affects the accuracy of premium rate setting of crops,and the key to accurate premium rate setting of crops lies in correct selection of risk distribution model of yield.

  15. The contagion effect of public debt on monetary policy: the Brazilian experience

    Directory of Open Access Journals (Sweden)

    Fernando de Holanda Barbosa

    2006-06-01

    Full Text Available This paper attempts to explain why the Brazilian inter-bank interest rate is so high compared with rates practiced by other emerging economies. The interplay between the markets for bank reserves and government securities feeds into the inter-bank rate the risk premium of the Brazilian public debt.

  16. PUBLIC SECTOR OF CANADA: RATING RESEARCH OF LABOUR

    Directory of Open Access Journals (Sweden)

    Olesia Leontiivna TOTSKA

    2013-12-01

    Full Text Available n this article an author conducted the analysis of labour in the public sector of Canada after such nine subgroups of establishments: 1 federal general government; 2 provincial and territorial general government; 3 health and social service institutions (provincial and territorial; 4 universities, colleges, vocational and trade institutes (provincial and territorial; 5 local general government; 6 local school boards; 7 federal government business enterprises; 8 provincial and territorial government business enterprises; 9 local government business enterprises. On the basis of statistical information about these sub-groups for 2007-2011 from a web-site «Statistics Canada» the maximal and minimum values of such three indexes are found: amount of employees, general annual sums of wages and annual sums of wages per employee. Rating for nine sub-groups of establishments of public sector of Canada on these indexes is certain. The got results testify, that during an analysable period most of the employees of public sector was concentrated in health and social service institutions, the least – in local government business enterprises. In 2007– 2011 a most general sum was earned also by the employees of health and social service institutions, the least – by the employees of local government business enterprises. At the same time in an analysable period among the state employees of Canada a most wage in a calculation on one person was got by the employees of federal general government, the least – by the employees of local general government.

  17. Researchers' Individual Publication Rate Has Not Increased in a Century.

    Science.gov (United States)

    Fanelli, Daniele; Larivière, Vincent

    2016-01-01

    Debates over the pros and cons of a "publish or perish" philosophy have inflamed academia for at least half a century. Growing concerns, in particular, are expressed for policies that reward "quantity" at the expense of "quality," because these might prompt scientists to unduly multiply their publications by fractioning ("salami slicing"), duplicating, rushing, simplifying, or even fabricating their results. To assess the reasonableness of these concerns, we analyzed publication patterns of over 40,000 researchers that, between the years 1900 and 2013, have published two or more papers within 15 years, in any of the disciplines covered by the Web of Science. The total number of papers published by researchers during their early career period (first fifteen years) has increased in recent decades, but so has their average number of co-authors. If we take the latter factor into account, by measuring productivity fractionally or by only counting papers published as first author, we observe no increase in productivity throughout the century. Even after the 1980s, adjusted productivity has not increased for most disciplines and countries. These results are robust to methodological choices and are actually conservative with respect to the hypothesis that publication rates are growing. Therefore, the widespread belief that pressures to publish are causing the scientific literature to be flooded with salami-sliced, trivial, incomplete, duplicated, plagiarized and false results is likely to be incorrect or at least exaggerated.

  18. Dynamic jump intensities and risk premiums

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Ornthanalai, Chayawat; Jacobs, Kris

    2012-01-01

    We build a new class of discrete-time models that are relatively easy to estimate using returns and/or options. The distribution of returns is driven by two factors: dynamic volatility and dynamic jump intensity. Each factor has its own risk premium. The models significantly outperform standard...... models without jumps when estimated on S&P500 returns. We find very strong support for time-varying jump intensities. Compared to the risk premium on dynamic volatility, the risk premium on the dynamic jump intensity has a much larger impact on option prices. We confirm these findings using joint...... estimation on returns and large option samples....

  19. 38 CFR 8.17 - Discontinuance of premium waiver.

    Science.gov (United States)

    2010-07-01

    ... SERVICE LIFE INSURANCE Premium Waivers and Total Disability § 8.17 Discontinuance of premium waiver. (a... premiums shall cease as of the date of such finding, and the insurance may be continued by payment of..., and if such premium was not paid within 31 days after the due date, the insurance lapsed. (c) If...

  20. 42 CFR 403.254 - Calculation of premiums.

    Science.gov (United States)

    2010-10-01

    ... Ratio Provisions § 403.254 Calculation of premiums. (a) General provisions. To calculate the amount of... loss ratio calculation period. (b) Specific provisions. (1) Earned premium for a given period means— (i) Written premiums for the period; plus— (ii) The total premium reserve at the beginning of the period;...

  1. 75 FR 9247 - Single Family Mortgage Insurance Premium, Single Family

    Science.gov (United States)

    2010-03-01

    ... URBAN DEVELOPMENT Single Family Mortgage Insurance Premium, Single Family AGENCY: Office of the Chief... the Single Family Premium Collection Subsystem-Upfront (SFPCS-U) to remit the upfront premium to... manage and process upfront single family mortgage insurance premium collections and corrections to submit...

  2. Comparing Public Quality Ratings for Accredited and Nonaccredited Nursing Homes.

    Science.gov (United States)

    Williams, Scott C; Morton, David J; Braun, Barbara I; Longo, Beth Ann; Baker, David W

    2017-01-01

    Compare quality ratings of accredited and nonaccredited nursing homes using the publicly available Centers for Medicare and Medicaid Services (CMS) Nursing Home Compare data set. This cross-sectional study compared the performance of 711 Joint Commission-accredited (TJC-accredited) nursing homes (81 of which also had Post-Acute Care Certification) to 14,926 non-Joint Commission-accredited (non-TJC-accredited) facilities using the Nursing Home Compare data set (as downloaded on April 2015). Measures included the overall Five-Star Quality Rating and its 4 components (health inspection, quality measures, staffing, and RN staffing), the 18 Nursing Home Compare quality measures (5 short-stay measures, 13 long-stay measures), as well as inspection deficiencies, fines, and payment denials. t tests were used to assess differences in rates for TJC-accredited nursing homes versus non-TJC-accredited nursing homes for quality measures, ratings, and fine amounts. Analysis of variance models were used to determine differences in rates using Joint Commission accreditation status, nursing home size based on number of beds, and ownership type. An additional model with an interaction term using Joint Commission accreditation status and Joint Commission Post-Acute Care Certification status was used to determine differences in rates for Post-Acute Care Certified nursing homes. Binary variables (eg, deficiency type, fines, and payment denials) were evaluated using a logistic regression model with the same covariates. After controlling for the influences of facility size and ownership type, TJC-accredited nursing homes had significantly higher star ratings than non-TJC-accredited nursing homes on each of the star rating component subscales (P homes with Post-Acute Care Certification performed statistically better on the overall star rating, as well as 3 of the 4 subscales (P homes had statistically fewer deficiencies than non-TJC-accredited nursing homes (P homes accredited by The

  3. 基于产量统计模型的农作物保险定价研究进展%Crop Insurance Premium Rating Based on Yield Simulation Models

    Institute of Scientific and Technical Information of China (English)

    叶涛; 聂建亮; 武宾霞; 李曼; 史培军

    2012-01-01

    In recent years, crop insurance in China grows rapidly, but it still lacks actuarial support. The yield simulation model is one of the most widely employed models used in crop insurance premium rating, and is tailored for multi-peril yield insurance lines. It will promote crop insurance rating research and practice in China to comprehensively introduce the model. This article summarized the major issues that induce uncertainty and problems in accuracy in the yield simulation model, and provided discussions on its future development on the basis of a comprehensive review. It was found that detrending and distribution fitting are the two major uncertain factors. The problem that has not been well solved by the model is the aggregation of spatially-correlated risks. It was suggested that detrending analysis should pay enough attention to information beyond the yield data and emphasize on trend verification. Empirical models used for distribution fitting should be crop and region specific. The most urgent development for the yield simulation model is incorporating spatial elements and developing integrated spatial-temporal yield simulation model to cope with spatial correlation of individual risks. All of these require further interdisciplinary efforts from geography, agriculture, disaster and risk, and actuary, etc., to improve the capability of classic yield simulation model.%近年来中国农业保险得到了快速发展,农作物保险费率定价问题受到高度重视.产量统计模型是农作物保险精算中较为成熟、应用广泛的一种模型,适用于中国开展的农作物保险实践.论文在广泛综述国内外研究进展的基础上,探讨了产量统计模型中存在的主要问题,并就该模型未来发展的趋势进行了讨论.研究表明:(1)产量统计模型中的趋势处理和分布拟合环节是模型不确定性的两个主要来源.针对农作物单产趋势的研究,应该进一步开发可灵活表达趋势变化规律

  4. Corporate Accounting Rating and Its Practice in Publicly - Held Companies

    Directory of Open Access Journals (Sweden)

    Şerafettin Sevim

    2014-06-01

    Full Text Available Corporate Governance and its rating in publicly held companies has become a subject matter of both competition and prestige. Since the regulations introduced in the Turkish Commercial Code, have been prepared with the philosophy of the corporatization of all the firms, Corporate Governance shall become one of the most significant issues of the recent years. The capability of the implementation of corporate governance by the firms depend on the institutionalization of the accounting system. The object of this review is to enable Corporate Accounting Rating and to provide guiding suggestions to those companies who wish to achieve high grades in Corporate Accounting Rating regarding the accounting systems. The institutionalization of the accounting system required the following actions: The organization of the accounting systems of the firms should be realized in an effective manner,  An accounting manual should be prepared and released in the form of a book,  Ethi cal codes should be developed and should be applied on the decision making processes of the companies,  The policies concerning knowledge explanation should be prepared in a manner that enables access to accurate and reliable information,  The information technologies should be designed in an updated manner that will facilitate access to internet sites and to the available knowledge.  Committees should be established not only for compulsory auditing, but also for internal audit processes

  5. Employer Contribution and Premium Growth in Health Insurance

    OpenAIRE

    Yiyan Liu; Ginger Zhe Jin

    2013-01-01

    We study whether employer premium contribution schemes could impact the pricing behavior of health plans and contribute to rising premiums. Using 1991-2011 data before and after a 1999 premium subsidy policy change in the Federal Employees Health Benefits Program (FEHBP), we find that the employer premium contribution scheme has a differential impact on health plan pricing based on two market incentives: 1) consumers are less price sensitive when they only need to pay part of the premium incr...

  6. PREMIUM PRICE PENGELOLAAN SUMBERDAYA HUTAN PRODUKSI BERSERTIFIKASI

    Directory of Open Access Journals (Sweden)

    Rina Muhayah Noor Pitri

    2016-09-01

    Full Text Available Forest certification is a key issue in relation to the forest products industry. It's also a new trend market of forest products. Forest certification is a guarantee that the products resulting from the forest management process in accordance with the standard of sustainable forest resources management. Certification will be increasing the cost of management as an impact of fulfilling requirement on the criteria of the certified forest. The fundamental question whether the award of certified products has been accompanied by an increase in premium price for forest estate or only becoming as the cost that reducing profit for the forest estate. The aims of this research are: 1 to know the difference between the sales price of certified and non-certified wood, 2 to know the premium price on certified forests, 3 to identify the factors that influence the amount of premium price of the certified forest. Data collection were used by searching the document and literature reference on forest certification. The results showed that the premium price received from the certified timber is higher than non-certified timber. Certified wood with high quality has a premium price that is greater than the low-quality wood. The percentage of premium price received varied forest estate. Premium price sometimes unsignificantly received by small-scale of timber estate. The revenue of premium price of certifies forest is influenced by the following factors: 1 The forest area to be certified, 2 Organizations that perform assessments, 3 Company / bodies / organizations that filed the certification, 4 he The country as a buyer of certified timber product 5 the facilitator in the market activities, 6 post-certification fee, and 7 the sales price.

  7. Field performance of a premium heating oil

    Energy Technology Data Exchange (ETDEWEB)

    Santa, T. [Santa Fuels, Inc., Bridgeport, CT (United States); Jetter, S.M. [Mobil Oil R & D Corp., Paulsboro, NJ (United States)

    1996-07-01

    As part of our ongoing research to provide quality improvements to heating oil, Mobil Oil together with Santa Fuel, Inc., conducted a field trial to investigate the performance of a new premium heating oil. This premium heating oil contains an additive system designed to minimize sludge related problems in the fuel delivery system of residential home heating systems. The additive used was similar to others reported at this and earlier BNL conferences, but was further developed to enhance its performance in oil heat systems. The premium heating oil was bulk additized and delivered to a subset of the customer base. Fuel related, unscheduled service calls were monitored in this test area, as well as in a similar baseline area that did not receive the premium heating oil. Overall, the premium fuel provided a 45% reduction in the occurrence of fuel related, unscheduled service calls as compared to the baseline area. Within this population, there was a reduction of 38% in systems with 275 gallon tanks, and 55% in systems that had >275 gallon tanks showing that the additive is effective in the various configurations of residential oil heat systems. In addition, photographic documentation collected at two accounts supported this improvement by clearly showing that the equipment remained cleaner with the premium heating oil than with regular heating oil. Based on these results, a full marketing trial of this new product has been initiated by Mobil and Santa Fuel, Inc., during the 1995-1996 heating season.

  8. Designing Psychological Treatments for Scalability: The PREMIUM Approach.

    Directory of Open Access Journals (Sweden)

    Sukumar Vellakkal

    Full Text Available Lack of access to empirically-supported psychological treatments (EPT that are contextually appropriate and feasible to deliver by non-specialist health workers (referred to as 'counsellors' are major barrier for the treatment of mental health problems in resource poor countries. To address this barrier, the 'Program for Effective Mental Health Interventions in Under-resourced Health Systems' (PREMIUM designed a method for the development of EPT for severe depression and harmful drinking. This was implemented over three years in India. This study assessed the relative usefulness and costs of the five 'steps' (Systematic reviews, In-depth interviews, Key informant surveys, Workshops with international experts, and Workshops with local experts in the first phase of identifying the strategies and theoretical model of the treatment and two 'steps' (Case series with specialists, and Case series and pilot trial with counsellors in the second phase of enhancing the acceptability and feasibility of its delivery by counsellors in PREMIUM with the aim of arriving at a parsimonious set of steps for future investigators to use for developing scalable EPT.The study used two sources of data: the usefulness ratings by the investigators and the resource utilization. The usefulness of each of the seven steps was assessed through the ratings by the investigators involved in the development of each of the two EPT, viz. Healthy Activity Program for severe depression and Counselling for Alcohol Problems for harmful drinking. Quantitative responses were elicited to rate the utility (usefulness/influence, followed by open-ended questions for explaining the rankings. The resources used by PREMIUM were computed in terms of time (months and monetary costs.The theoretical core of the new treatments were consistent with those of EPT derived from global evidence, viz. Behavioural Activation and Motivational Enhancement for severe depression and harmful drinking respectively

  9. 78 FR 666 - Treasury Inflation-Protected Securities Issued at a Premium; Bond Premium Carryforward

    Science.gov (United States)

    2013-01-04

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 RIN 1545-BK45; 1545-BL29 Treasury Inflation-Protected Securities Issued at a Premium; Bond Premium Carryforward AGENCY: Internal Revenue Service (IRS), Treasury....

  10. Publication rates of editorial board members in oral health journals.

    Science.gov (United States)

    Rösing, Cassiano Kuchenbecker; Junges, Roger; Haas, Alex Nogueira

    2014-01-01

    The aim of this study was to measure the publication rate of editorial board members in their board journals and to evaluate associated variables. We evaluated the ten highest-ranked journals according to the 5-year impact factor under 'Dentistry, Oral Surgery & Medicine' subject category for 2010, 2011, and 2012. All original research papers with at least one member of the editorial board as author were counted. Final analyses assessed associated variables such as size of the editorial board, number of papers published each year, and each journal's impact factor. Overall, there was an increase in the average number of articles published from 2010 (115.2 ± 52.2) to 2012 (134.7 ± 47.4). The number and percentage of articles published with editorial board members as authors over the three years did not follow the same pattern, with a slight decrease from 2010 to 2011 and an increase in 2012. The number of articles with editorial board members as authors was significantly higher for journals with impact factors ≥4.0. Journals with a higher impact factor and larger editorial board were associated with higher chances of editorial board members publishing in their respective journals. Participation of editorial board members as authors in publishing varies significantly among journals.

  11. Publication rates of editorial board members in oral health journals

    Directory of Open Access Journals (Sweden)

    Cassiano Kuchenbecker RÖSING

    2014-08-01

    Full Text Available The aim of this study was to measure the publication rate of editorial board members in their board journals and to evaluate associated variables. We evaluated the ten highest-ranked journals according to the 5-year impact factor under ‘Dentistry, Oral Surgery & Medicine’ subject category for 2010, 2011, and 2012. All original research papers with at least one member of the editorial board as author were counted. Final analyses assessed associated variables such as size of the editorial board, number of papers published each year, and each journal’s impact factor. Overall, there was an increase in the average number of articles published from 2010 (115.2 ± 52.2 to 2012 (134.7 ± 47.4. The number and percentage of articles published with editorial board members as authors over the three years did not follow the same pattern, with a slight decrease from 2010 to 2011 and an increase in 2012. The number of articles with editorial board members as authors was significantly higher for journals with impact factors ≥4.0. Journals with a higher impact factor and larger editorial board were associated with higher chances of editorial board members publishing in their respective journals. Participation of editorial board members as authors in publishing varies significantly among journals.

  12. Does Specialization Explain Marriage Penalties and Premiums?

    Science.gov (United States)

    Killewald, Alexandra; Gough, Margaret

    2013-01-01

    Married men’s wage premium is often attributed to within-household specialization: men can devote more effort to wage-earning when their wives assume responsibility for household labor. We provide a comprehensive evaluation of the specialization hypothesis, arguing that, if specialization causes the male marriage premium, married women should experience wage losses. Furthermore, specialization by married parents should augment the motherhood penalty and the fatherhood premium for married as compared to unmarried parents. Using fixed-effects models and data from the NLSY79, we estimate within-gender differences in wages according to marital status and between-gender differences in the associations between marital status and wages. We then test whether specialization on time use, job traits, and tenure accounts for the observed associations. Results for women do not support the specialization hypothesis. Childless men and women both receive a marriage premium. Marriage augments the fatherhood premium but not the motherhood penalty. Changes in own and spousal employment hours, job traits, and tenure appear to benefit both married men and women, although men benefit more. Marriage changes men’s labor market behavior in ways that augment wages, but these changes do not appear to occur at the expense of women’s wages. PMID:24039271

  13. STRENGTH DESIGN OF PREMIUM THREADED CASING CONNECTION

    Institute of Scientific and Technical Information of China (English)

    Gao Lianxin; Jin Ye; Zhang Yi

    2004-01-01

    Using premium casing connections instead of API ones is one of the most effective technique to prevent casing failure.The factors contribute to the strength of premium casing connections are studied with FEA and full-scale test.The criterions are presented that ensure the connection's strength higher than the pipe.At the same time, the method is given to decrease the peak stress of the connection so as to improve its anticorruption property.At last, full-scale tests are done to test the strength of the connections designed with the method described, the results show that the connection's strength is higher than the pipe.This indicated that the method described is effective in designing premium casing connection.

  14. Determinants of premiums in aerospace mergers and acquisitions: A preliminary analysis

    Science.gov (United States)

    Bryant, John K.

    There is a large body of literature on different aspects of premiums as they relate to mergers and acquisitions. However, there is very little literature that specifically discusses the determinants of premiums in aerospace. Few industries have experienced the prolonged consolidation that the aerospace industry has seen. Today, the industry is dominated by a few large firms, but there is still merger activity continuing especially with second-tier firms attempting to secure their future through growth. This paper examines several determinants as applied to 18 aerospace mergers of publicly held companies and divisions from 1991 through April of 2002.

  15. 18 CFR 367.4290 - Account 429, Amortization of premium on debt-Credit.

    Science.gov (United States)

    2010-04-01

    ..., Amortization of premium on debt-Credit. 367.4290 Section 367.4290 Conservation of Power and Water Resources... COMPANY ACT OF 2005, FEDERAL POWER ACT AND NATURAL GAS ACT UNIFORM SYSTEM OF ACCOUNTS FOR CENTRALIZED SERVICE COMPANIES SUBJECT TO THE PROVISIONS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 2005,...

  16. 17 CFR 256.225 - Unamortized premium on long-term debt.

    Science.gov (United States)

    2010-04-01

    ... COMMISSION (CONTINUED) UNIFORM SYSTEM OF ACCOUNTS FOR MUTUAL SERVICE COMPANIES AND SUBSIDIARY SERVICE COMPANIES, PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 6. Long-Term Debt § 256.225 Unamortized premium on... distribute the amount equitably over the life of the security. The amortization shall be on a monthly...

  17. Second Thoughts on the Exporter Productivity Premium

    DEFF Research Database (Denmark)

    Schröder, Philipp; Sørensen, Allan

    2012-01-01

    Contrary to the prevailing interpretation, this paper shows that the central models of trade with heterogeneous firms [Melitz (2003) and Bernard et al.(2003)] exhibit ambiguous predictions for the exporter productivity premium. This prospect arises due to differences between theoretical and empir......Contrary to the prevailing interpretation, this paper shows that the central models of trade with heterogeneous firms [Melitz (2003) and Bernard et al.(2003)] exhibit ambiguous predictions for the exporter productivity premium. This prospect arises due to differences between theoretical...... for empirical research on exporter performance including learning, and the role of non-parametric regressions (stochastic dominance, quantile regressions), fixed costs and productivity distributions....

  18. The marriage premium and compensating wage differentials.

    Science.gov (United States)

    Reed, W R; Harford, K

    1989-12-01

    This paper proposes and tests an alternative explanation of the marriage premium that relies upon differences in workers' tastes and compensating wage differentials. A key assumption is that marital status proxies for the consumption of family goods, such as children, and that these are costly. Workers whose greater demands for family goods are taste- generated and shown to choose jobs that offer greater wage, and less non-pecuniary compensation. This creates an observed wage premium that has nothing to do with differences in workers' productivities. Supporting empirical evidence for this hypothesis is presented, including a reevaluation of previous studies.

  19. Impact of Trade Liberalization on Wage Skill Premium in Philippine Manufacturing

    OpenAIRE

    Rafaelita M. Aldaba

    2013-01-01

    The paper aims to examine how trade liberalization affects wage premium at the firm level. Using effective protection rate as trade proxy, the paper assumes that in the face of increasing competition, an import-substituting firm may decide to remain at the low value-added stage of the production process which requires relatively less skilled workers and suggests a decline in the wage premium. On the other hand, a firm may move away from the product whose protection rate has fallen and shift a...

  20. 29 CFR 778.206 - Premiums for work outside basic workday or workweek-examples.

    Science.gov (United States)

    2010-07-01

    ..., DEPARTMENT OF LABOR STATEMENTS OF GENERAL POLICY OR INTERPRETATION NOT DIRECTLY RELATED TO REGULATIONS OVERTIME COMPENSATION Payments That May Be Excluded From the âRegular Rateâ Extra Compensation Paid for... regular workday or workweek. The extra compensation provided by such premium rates will be excluded...

  1. 29 CFR Appendix to Part 4007 - Policy Guidelines On Premium Penalties

    Science.gov (United States)

    2010-07-01

    ... circumstances. (c) Action or inaction of outside parties. In some cases an accountant, actuary, lawyer, pension...) Action or inaction of outside parties. If an accountant, actuary, lawyer, pension consultant, or other... underpaid the plan's variable-rate premium because the plan actuary used the wrong interest rate. A...

  2. The equity premium puzzle and emotional asset pricing

    OpenAIRE

    Gürtler, Marc; Hartmann, Nora

    2004-01-01

    "Since the equity premium as well as the risk-free rate puzzle question the concepts central to financial and economic modeling, we apply behavioral decision theory to asset pricing in view of solving these puzzles. U.S. stock market data for the period 1960-2003 and German stock market data for the period 1977-2003 show that emotional investors who act in accordance to Bell's (1985) disappointment theory -a special case of prospect theory- and additionally administer mental accounts demand a...

  3. 76 FR 50931 - Health Insurance Premium Tax Credit

    Science.gov (United States)

    2011-08-17

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BJ82 Health Insurance Premium Tax Credit AGENCY: Internal.... SUMMARY: This document contains proposed regulations relating to the health insurance premium tax credit... individuals who enroll in qualified health plans through Affordable Insurance Exchanges and claim the premium...

  4. 5 CFR 870.405 - Direct premium payments.

    Science.gov (United States)

    2010-01-01

    ... (CONTINUED) FEDERAL EMPLOYEES' GROUP LIFE INSURANCE PROGRAM Cost of Insurance § 870.405 Direct premium... or retirement system must submit all direct premium payments, along with its regular life insurance... some or all of the insurance or to make direct premium payments. An employee, annuitant,...

  5. 49 CFR 260.15 - Credit risk premium.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 4 2010-10-01 2010-10-01 false Credit risk premium. 260.15 Section 260.15... REHABILITATION AND IMPROVEMENT FINANCING PROGRAM Overview § 260.15 Credit risk premium. (a) Where available... pay to the Administrator a Credit Risk Premium adequate to cover that portion of the subsidy cost not...

  6. Clearwood quality and softwood lumber prices: what's the real premium?

    Science.gov (United States)

    Thomas R. Waggener; Roger D. Fight

    1999-01-01

    Diminishing quantities of appearance grade lumber and rising price premiums for it have accompanied the transition from old-growth to young-growth timber. The price premiums for better grades are an incentive for producers to undertake investments to increase the yield of those higher valued products. Price premiums, however, are also an incentive for users to...

  7. 34 CFR 682.505 - Insurance premium.

    Science.gov (United States)

    2010-07-01

    ... 34 Education 3 2010-07-01 2010-07-01 false Insurance premium. 682.505 Section 682.505 Education Regulations of the Offices of the Department of Education (Continued) OFFICE OF POSTSECONDARY EDUCATION, DEPARTMENT OF EDUCATION FEDERAL FAMILY EDUCATION LOAN (FFEL) PROGRAM Federal Guaranteed Student Loan...

  8. Modeling foreign exchange risk premium in Armenia

    NARCIS (Netherlands)

    Poghosyan, Tigran; Kocenda, Evnen; Zemcik, Petr

    2008-01-01

    This paper applies stochastic discount factor methodology to modeling the foreign exchange risk premium in Armenia. We use weekly data on foreign and domestic currency deposits, which coexist in the Armenian banking system. This coexistence implies elimination of the cross-country risks and transact

  9. Response of Argonne Premium coals to heat

    Energy Technology Data Exchange (ETDEWEB)

    Isaacs, L.L.; Abhari, R.; Ledesma, R.; Tsafantakis, E. (City College, New York, NY (USA). Dept. of Chemical Engineering)

    The thermal responses of the Argonne Premium Coals and of the inorganic materials separated from the coals were obtained by differential scanning calorimetry. Thermogravimetry was used to quantify the mass loss induced due to heating. The energetics of several prepyrolytic processes in the coals were calculated. 24 refs., 13 figs., 3 tabs.

  10. 12 CFR 329.103 - Premiums.

    Science.gov (United States)

    2010-01-01

    ... DEPOSITS § 329.103 Premiums. This interpretive rule describes certain payments that are not deemed to be... the balance in a demand deposit account and the duration of the account balance shall not be considered the payment of interest on a demand deposit account and shall not be subject to the limitations...

  11. Approximations for stop-loss reinsurance premiums

    NARCIS (Netherlands)

    Reijnen, Rajko; Albers, Willem/Wim; Kallenberg, W.C.M.

    2005-01-01

    Various approximations of stop-loss reinsurance premiums are described in literature. For a wide variety of claim size distributions and retention levels, such approximations are compared in this paper to each other, as well as to a quantitative criterion. For the aggregate claims two models are use

  12. Approximations for stop-loss reinsurance premiums

    NARCIS (Netherlands)

    Reijnen, Rajko; Albers, Willem; Kallenberg, Wilbert C.M.

    2005-01-01

    Various approximations of stop-loss reinsurance premiums are described in literature. For a wide variety of claim size distributions and retention levels, such approximations are compared in this paper to each other, as well as to a quantitative criterion. For the aggregate claims two models are use

  13. Approximations for stop-loss reinsurance premiums

    NARCIS (Netherlands)

    Reijnen, R.; Albers, W.; Kallenberg, W.C.M.

    2003-01-01

    Various approximations of stop-loss reinsurance premiums are described in literature. For a wide variety of claim size distributions and retention levels, such approximations are compared in this paper to each other, as well as to a quantitative criterion. For the aggregate claims two models are use

  14. How do health insurer market concentration and bargaining power with hospitals affect health insurance premiums?

    Science.gov (United States)

    Trish, Erin E; Herring, Bradley J

    2015-07-01

    The US health insurance industry is highly concentrated, and health insurance premiums are high and rising rapidly. Policymakers have focused on the possible link between the two, leading to ACA provisions to increase insurer competition. However, while market power may enable insurers to include higher profit margins in their premiums, it may also result in stronger bargaining leverage with hospitals to negotiate lower payment rates to partially offset these higher premiums. We empirically examine the relationship between employer-sponsored fully-insured health insurance premiums and the level of concentration in local insurer and hospital markets using the nationally-representative 2006-2011 KFF/HRET Employer Health Benefits Survey. We exploit a unique feature of employer-sponsored insurance, in which self-insured employers purchase only administrative services from managed care organizations, to disentangle these different effects on insurer concentration by constructing one concentration measure representing fully-insured plans' transactions with employers and the other concentration measure representing insurers' bargaining with hospitals. As expected, we find that premiums are indeed higher for plans sold in markets with higher levels of concentration relevant to insurer transactions with employers, lower for plans in markets with higher levels of insurer concentration relevant to insurer bargaining with hospitals, and higher for plans in markets with higher levels of hospital market concentration. Copyright © 2015 Elsevier B.V. All rights reserved.

  15. Health Insurance Marketplaces: Premium Trends in Rural Areas.

    Science.gov (United States)

    Barker, Abigail R; Kemper, Leah M; McBride, Timothy D; Meuller, Keith J

    2016-05-01

    Since 2014, when the Health Insurance Marketplaces (HIMs) authorized by the Patient Protection and Affordable Care Act (ACA) were implemented, considerable premium changes have been observed in the marketplaces across the 50 states and the District of Columbia. This policy brief assesses the changes in average HIM plan premiums from 2014 to 2016, before accounting for subsidies, with an emphasis on the widening variation across rural and urban places. Since this brief focuses on premiums without accounting for subsidies, this is not intended to be an analysis of the "affordability" of ACA premiums, as that would require assessment of premiums, cost-sharing adjustments, and other factors.

  16. Taxa de juros e prêmio de risco: investigando a hipótese Bresser-Nakano para a economia brasileira, 1995-2005 Interest rate and the risk premium: Bresser-Nakano's hypothesis in the brazilian economy, 1995-2005

    Directory of Open Access Journals (Sweden)

    André M. Marques

    2007-08-01

    Full Text Available A proposta Bresser-Nakano deflagrou uma forte discussão sobre a política de juros no Brasil, suscitando uma série de críticas e contribuições para o seu aperfeiçoamento. Seu argumento central baseia-se na suposição de que o sentido da causalidade vai da taxa de juros para o prêmio de risco, e não o contrário. Com isso, a autoridade monetária, ao reduzi-la, promove um círculo virtuoso na economia, reduzindo o prêmio de risco e, através da taxa de câmbio, a própria inflação. Essa hipótese, no entanto, continua controversa e carece de estudos empíricos visando à sua verificação. O objetivo principal deste trabalho é investigar a sua validade para a economia brasileira nos últimos 10 anos de política monetária. Aplicando testes de causalidade de Granger, os resultados encontrados apóiam a hipótese Bresser-Nakano.The Bresser-Nakano's proposal raised a wide discussion on the monetary policy in Brazil and several critiques were brought about as well as contributions for its improvement. Their main argument is based upon a causality relation that runs from interest rate to risk premium with a positive correlation. In this case a cut in the interest rate shifts down the risk premium, and could even reduce the price inflation by the exchange rate. This assumption is linked to others issues in financial integration in an open economy context. The traditional view is that the interest rate is determined by the interest rate parity condition and that the monetary authority has no autonomy to set different rates from those determined by the "capital's flows". An alternative approach defends that is possible to peg with wide autonomy the domestic interest rate, even in this context. The results endorse Bresser-Nakano's proposal and suggest it could be feasible for Brazilian real situation.

  17. Positive outcomes influence the rate and time to publication, but not the impact factor of publications of clinical trial results.

    Directory of Open Access Journals (Sweden)

    Pilar Suñé

    Full Text Available OBJECTIVES: Publication bias may affect the validity of evidence based medical decisions. The aim of this study is to assess whether research outcomes affect the dissemination of clinical trial findings, in terms of rate, time to publication, and impact factor of journal publications. METHODS AND FINDINGS: All drug-evaluating clinical trials submitted to and approved by a general hospital ethics committee between 1997 and 2004 were prospectively followed to analyze their fate and publication. Published articles were identified by searching Pubmed and other electronic databases. Clinical study final reports submitted to the ethics committee, final reports synopses available online and meeting abstracts were also considered as sources of study results. Study outcomes were classified as positive (when statistical significance favoring experimental drug was achieved, negative (when no statistical significance was achieved or it favored control drug and descriptive (for non-controlled studies. Time to publication was defined as time from study closure to publication. A survival analysis was performed using a Cox regression model to analyze time to publication. Journal impact factors of identified publications were recorded. Publication rate was 48·4% (380/785. Study results were identified for 68·9% of all completed clinical trials (541/785. Publication rate was 84·9% (180/212 for studies with results classified as positive and 68·9% (128/186 for studies with results classified as negative (p<0·001. Median time to publication was 2·09 years (IC95 1·61-2·56 for studies with results classified as positive and 3·21 years (IC95 2·69-3·70 for studies with results classified as negative (hazard ratio 1·99 (IC95 1·55-2·55. No differences were found in publication impact factor between positive (median 6·308, interquartile range: 3·141-28·409 and negative result studies (median 8·266, interquartile range: 4·135-17·157. CONCLUSIONS

  18. Country Value Premiums and Financial Crises

    Directory of Open Access Journals (Sweden)

    Adam Zaremba

    2014-01-01

    Full Text Available The paper concentrates on the value premium across countries and contributes to the investment and asset pricing literature in three ways. First, I provide fresh evidence that the high-value countries perform significantly better than the low-value countries. Additionally, this phenomenon is indifferent to the choice of the computational currency, representative index or value indicator. Second, I demonstrate that the value effect can be successfully amplified by combining with country-level size and momentum effects. Third, I show that returns to the high-value countries deteriorate in financial crisis conditions, because the country-level value premium is negatively correlated with the credit spreads, TED spread and expected volatility. I examine data from 66 markets between years 2000 and 2013.

  19. Crop Insurance, Premium Subsidy and Agricultural Output

    Institute of Scientific and Technical Information of China (English)

    XU Jing-feng; LIAO Pu

    2014-01-01

    This paper studied the effects of crop insurance on agricultural output with an economic growth model. Based on Ramsey-Cass-Koopmans (RCK) model, a basic model of agriculture economic growth was developed. Extending the basic model to incorporate uncertainty and insurance mechanism, a risk model and a risk-insurance model were built to study the inlfuences of risk and crop insurance on agricultural output. Compared with the steady states of the three models, the following results are achieved:(i) agricultural output decreases if we introduce uncertainty into the risk-free model;(ii) crop insurance promotes agriculture economic growth if insurance mechanism is introduced into the risk model;(iii) premium subsidy constantly improves agricultural output. Our contribution is that we studied the effects of crop insurance and premium subsidy from the perspective of economic growth in a dynamic framework, and proved the output promotion of crop insurance theoretically.

  20. Risk premium and insalubrity; Periculosidade e insalubridade

    Energy Technology Data Exchange (ETDEWEB)

    Portela, Josmael [Universidade do Estado do Rio de Janeiro (UERJ), RJ (Brazil); Figueira, Rosania Lucia [Universidade Severino Sombra (USS), Vassouras, RJ (Brazil). Dept. Juridico

    2005-07-01

    The risk premium and insalubrity have been widely discussed in the legal universe/labor. The social and economic impacts interfere on the right of the professional exposed to ionizing radiation to have or not additional rights. Due to the large accidents, with world repercussion, which occurred in recent times, involving workers undergoing these radiation, these professionals are receiving special attention by the competent bodies on the right or not to risk premium and insalubrity. The professional who operates equipment that emit ionising radiation, or those working directly with radioisotopes are undoubtedly under imminent risk, even if they complied with all safety requirements, thus deserving a more careful analysis by our lawyers with respect to receive additional percentages. Recent decisions of higher Courts begin to consolidate a more just and logical reasoning on the subject.

  1. Employer choices of family premium sharing.

    Science.gov (United States)

    Vistnes, Jessica Primoff; Morrisey, Michael A; Jensen, Gail A

    2006-03-01

    In 1997, nearly two-thirds of married couples with children under age 18 were dual-earner couples. Such families may have a variety of insurance options available to them. If so, declining a high employee premium contribution may be a mechanism for one spouse to take money wages in lieu of coverage while the other spouse takes coverage rather than high wages. Employers may use these preferences and the size of premium contributions to encourage workers to obtain family coverage through their spouse. The purpose of this paper is to explore the effects of labor force composition, particularly the proportion of dual-earner couples in the labor market, on the marginal employee premium contribution (marginal EPC) for family coverage. We analyze data from the 1997-2001 Medical Expenditure Panel Survey--Insurance Component (MEPS-IC) List Sample of private establishments. We find strong evidence that the marginal EPC for family coverage is higher when there is a larger concentration of women in the workforce, but only in markets with a higher proportion of dual-earner households.

  2. Physical Premium Principle: A New Way for Insurance Pricing

    Science.gov (United States)

    Darooneh, Amir H.

    2005-03-01

    In our previous work we suggested a way for computing the non-life insurance premium. The probable surplus of the insurer company assumed to be distributed according to the canonical ensemble theory. The Esscher premium principle appeared as its special case. The difference between our method and traditional principles for premium calculation was shown by simulation. Here we construct a theoretical foundation for the main assumption in our method, in this respect we present a new (physical) definition for the economic equilibrium. This approach let us to apply the maximum entropy principle in the economic systems. We also extend our method to deal with the problem of premium calculation for correlated risk categories. Like the Buhlman economic premium principle our method considers the effect of the market on the premium but in a different way.

  3. Physical Premium Principle: A New Way for Insurance Pricing

    Directory of Open Access Journals (Sweden)

    Amir H. Darooneh

    2005-02-01

    Full Text Available Abstract: In our previous work we suggested a way for computing the non-life insurance premium. The probable surplus of the insurer company assumed to be distributed according to the canonical ensemble theory. The Esscher premium principle appeared as its special case. The difference between our method and traditional principles for premium calculation was shown by simulation. Here we construct a theoretical foundation for the main assumption in our method, in this respect we present a new (physical definition for the economic equilibrium. This approach let us to apply the maximum entropy principle in the economic systems. We also extend our method to deal with the problem of premium calculation for correlated risk categories. Like the Buhlman economic premium principle our method considers the effect of the market on the premium but in a different way.

  4. Features and publication rates of scientific abstracts presented at a rheumatology congress--EULAR 2008.

    Science.gov (United States)

    Yilmaz, Sedat; Kalyoncu, Umut; Cinar, Muhammet; Karadag, Omer; Koca, Suleyman Serdar; Simsek, Ismail; Erdem, Hakan; Pay, Salih; Dinc, Ayhan

    2013-01-01

    Various types of scientific abstracts are selected and presented at meetings and listed in abstract books. Recently, a systematic review has shown that 45% of 30,000 abstracts were published in a journal. The aim of this study was to determine the features of abstracts selected to be presented at a EULAR meeting (2008) and the corresponding publication rates. The EULAR 2008 Abstract Book was extracted, presented abstracts were assessed, their publication status was checked, and features related with publication rate were determined. The publication status of abstracts as of January 20, 2011, was verified using PubMed. A total of 1,732 abstracts were assessed. Median publication duration was 13 (range: 0 to 31) months. Most of the abstracts (N=339) were of multi-national origin. Sixty seven percent of abstracts were clinical and 563 (33%) abstracts were preclinical. We found that 601 of all abstracts (34.7%) had been published in a journal, and most of were published in a rheumatology journal. Fifty-seven percent of published abstracts were in journals with an impact factor higher than 4. The publication rate was correlated with presentation type, number of centers involved, trial design, and number of patients enrolled. We found that the publication rate of EULAR 2008 abstracts at 30 months was approximately 35%. This is a high rate compared to a previously published systematic review that investigated the publication rate of studies initially presented as abstracts in medical meetings, which reported the publication rate at 24 and 36 months as 20.7% and 28.1%, respectively. More than half of the published abstracts were accepted by high-impact journals. Presentation type, number of centers, trial design, and enrolled patient numbers were all correlated with the rate of publication.

  5. Return of premium term life: is it for real?

    Science.gov (United States)

    DeFrancesco, Roccy

    2004-01-01

    Physicians who feel they are wasting their money in paying premiums for a typical 30-year-level term life insurance policy may find help in a return-of-premium term life insurance policy. Premiums are higher, but all the money is refunded at the end of the term if the policyholder has not died. Estimates are that 93 percent of policyholders outlive the term of their life insurance.

  6. The liquidity premium in CDS transaction prices: Do frictions matter?

    OpenAIRE

    Gehde-Trapp, Monika; Gündüz, Yalin; Nasev, Julia

    2015-01-01

    Based on individual CDS transactions cleared by the Depository Trust & Clearing Corporation, we show that illiquidity strongly affects credit default swap premiums. We identify the following effects: First, transaction direction affects prices, as buy (sell) orders lead to premium increases (decreases). Second, larger transactions have a higher price impact. This finding stands in stark contrast to corporate bond markets. Third, traders charge higher premiums as a price for liquidity provisio...

  7. United States private schools have higher rates of exemptions to school immunization requirements than public schools.

    Science.gov (United States)

    Shaw, Jana; Tserenpuntsag, Boldtsetseg; McNutt, Louise-Anne; Halsey, Neal

    2014-07-01

    To compare medical, religious, and personal belief immunization exemption rates between private and public schools in US. Exemption rates were calculated using the Centers for Disease Control and Prevention School Immunization Assessment Surveys for the 2009-2010 school year excluding states with incomplete survey data. Standardized exemption rates weighted on enrollments in public and private schools were calculated. Differences in exemption rates between public and private schools were tested using Wilcoxon signed rank test. The overall state exemption rate was higher in US private than public schools, 4.25% (SD 4.27) vs 1.91% (1.67), P = .0001 and private schools had higher exemption rates for all types of exemptions; medical 0.58% (0.71) vs 0.34% (0.34) respectively (P = .0004), religious 2.09% (3.14) vs 0.83% (1.05) respectively (P = .0001), and personal belief 6.10% (4.12) vs 2.79% (1.57), respectively (P = .006). Overall exemption rates were significantly higher in states that allowed personal belief exemptions. Exemption rates were significantly higher in US private than in public schools. Children attending private schools may be at higher risk of vaccine-preventable diseases than public school children. Copyright © 2014 Elsevier Inc. All rights reserved.

  8. Risk Measure and Premium Distribution on Catastrophe Reinsurance

    Institute of Scientific and Technical Information of China (English)

    XUN LI; WANG DE-HUI

    2012-01-01

    In this paper,we propose a new risk measure which is based on the Orlicz premium principle to characterize catastrophe risk premium.The intention is to develop a formulation strategy for Catastrophe Fund.The logarithm equivalent form of reinsurance premium is regarded as the retention of reinsurer,and the differential earnings between the reinsurance premium and the reinsurer's retention is accumulated as a part of Catastrophe Fund.We demonstrate that the aforementioned risk measure has some good properties,which are further confirmed by numerical simulations in R environment.

  9. Employer contribution and premium growth in health insurance.

    Science.gov (United States)

    Liu, Yiyan; Jin, Ginger Zhe

    2015-01-01

    We study whether employer premium contribution schemes could impact the pricing behavior of health plans and contribute to rising premiums. Using 1991-2011 data before and after a 1999 premium subsidy policy change in the Federal Employees Health Benefits Program (FEHBP), we find that the employer premium contribution scheme has a differential impact on health plan pricing based on two market incentives: 1) consumers are less price sensitive when they only need to pay part of the premium increase, and 2) each health plan has an incentive to increase the employer's premium contribution to that plan. Both incentives are found to contribute to premium growth. Counterfactual simulation shows that average premium would have been 10% less than observed and the federal government would have saved 15% per year on its premium contribution had the subsidy policy change not occurred in the FEHBP. We discuss the potential of similar incentives in other government-subsidized insurance systems such as the Medicare Part D and the Health Insurance Marketplace under the Affordable Care Act. Copyright © 2014 Elsevier B.V. All rights reserved.

  10. Public and private health insurance in Germany: the ignored risk selection problem.

    Science.gov (United States)

    Grunow, Martina; Nuscheler, Robert

    2014-06-01

    We investigate risk selection between public and private health insurance in Germany. With risk-rated premiums in the private system and community-rated premiums in the public system, advantageous selection in favor of private insurers is expected. Using 2000 to 2007 data from the German Socio-Economic Panel Study (SOEP), we find such selection. While private insurers are unable to select the healthy upon enrollment, they profit from an increase in the probability to switch from private to public health insurance of those individuals who have experienced a negative health shock. To avoid distorted competition between the two branches of health care financing, risk-adjusted transfers from private to public insurers should be instituted.

  11. Publication rates of presentations at the Irish Orthopaedic Association annual meeting.

    LENUS (Irish Health Repository)

    O'Neill, B J

    2014-03-01

    Presentation of scientific research at national and international meetings is an important forum for the dissemination of knowledge. Subsequent publication of a full-text paper in a peer-reviewed journal is the expected outcome of such presentations. The publication rate from these meetings is highly variable.

  12. The value premium within and across GICS industry sectors in a pre-financial collapse sample

    Directory of Open Access Journals (Sweden)

    Kenneth E. Scislaw

    2015-12-01

    Full Text Available A portfolio manager employing a top-down/bottom-up method who seeks to capture the value premium long promised in academic literature would want to first determine whether the premium exists across industries and not just observed in firm-specific book-to-market (BE/ME relationships. Next, the investor would want to know if BE/ME characteristics are stable across these defined homogeneous groups or whether there is considerable variation. Results show that certain industries appear to have a natural or structural tendency to reflect either a high or low BE/ME characteristic. Results also shows that growth-oriented industry BE/ME characteristics appear to be more stable than value-oriented industries over time. Moreover, stocks from growth-oriented industries tend to cluster at high rates in the lowest BE/ME quintile, while stocks from value-oriented industries appear more evenly distributed across middle BE/ME quintiles over time. Value stocks found in growth sectors outperform value stocks in value sectors, contrary to prior published results. The January premium exists both within and across Global Industry Classification Standard industry sectors, but the value premium is not subsumed by the January effect in either analysis.

  13. Life Insurance Actuarial Model with Returnable Premium

    Institute of Scientific and Technical Information of China (English)

    YanhuaiLang

    2004-01-01

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

  14. Early retirement and the influence on healthcare budgets and insurance premiums in a diabetes population

    Directory of Open Access Journals (Sweden)

    Stefan Walzer

    2007-07-01

    Full Text Available Stefan WalzerAnalytica International, Untere Herrenstrasse 25, 79539 Loerrach, GermanyObjectives: To contribute to current discussions about budget impact modeling, two different approaches for the impact of a new pharmaceutical product were analyzed: firstly considering the impact on annual healthcare expenditures only, and secondly additional inclusion of lost insurance premiums due to possible early retirement in patients with chronic diseases.Methods: The dynamic model calculates the budget impact from two different perspectives: (a the impact on healthcare expenditures and (b on expenditures as well as on health insurance revenues due to premiums. The latter approach could especially be useful for patients with chronic diseases who have higher probabilities of early retirement. Early retirement rates and indirect costs were derived from published data. Healthcare premiums were calculated based on an average premium and a mean income. Epidemiological input data were obtained from the literature. Time horizon was 10 years.Results: Results in terms of reimbursement decisions of the budget impact analysis varied depending on the assumptions made for the insurance premiums, costs, and early retirement rate. Sensitivity analyses revealed that in extreme cases the decision for accepting a new pharmaceutical product would probably be negative using approach (a, but positive using approach (b. Conclusions: Depending on the disease and population of interest in a budget impact analysis, not only the healthcare expenditures for a health insurance have to be considered but also the revenue side for an insurance due to retirement should be included.Keywords: decision analysis, budget impact, pharmacoeconomics, health economics, health insurance

  15. Analysing the forward premium anomaly using a Logistic Smooth Transition Regression model.

    OpenAIRE

    Sofiane Amri

    2008-01-01

    Several researchers have suggested that exchange rates may be characterized by nonlinear behaviour. This paper examines these nonlinearities and asymetries and estimates a Logistic Transition Regression (LSTR) of Fama Regression with the Risk Adjusted Forward Premia as transition variable. Results confirm the existence of nonlinear dynamics in the relationship between spot exchange rate differential and the forward premium for all the currencies of the sample and for all maturities (three and...

  16. Equity-premium puzzle: evidence from Brazilian data

    Directory of Open Access Journals (Sweden)

    Rubens Penha Cysne

    2006-06-01

    Full Text Available This paper uses 1992:1-2004:2 quarterly data and two different methods (approximation under lognormality and calibration to evaluate the existence of an equity-premium puzzle in Brazil. In contrast with some previous works in the Brazilian literature, I conclude that the model used by Mehra and Prescott (1985, either with additive or recursive preferences, is not able to satisfactorily rationalize the equity premium observed in the Brazilian data. The second contribution of the paper is calling the attention to the fact that the utility function calculated under the discrete-state approximation may not exist if the data (as it is the case with Brazilian time series implies the existence of states in which high negative rates of consumption growth are attained with relatively high probability. This fact is particularly important when the researcher tries to work with high risk-aversion parameters in order to generate high risk premia.Este trabalho usa dados brasileiros do período 1992:1-2004:2 e dois diferentes métodos (aproximação sob a hipótese de lognormalidade e calibração para avaliar a existência de um "equity-premium puzzle" no Brasil. Em contraste com alguns trabalhos prévios da literatura nacional, conclui-se que o modelo usado por Mehra and Prescott (1985, seja com preferências aditivas ou recursivas, não é capaz de gerar o prêmio de risco observado na economia brasileira. A segunda contribuição do trabalho é chamar a atenção para o fato de que a função utilidade calculada sob a hipótese de aproximação discreta do espaço de estados pode não existir se os dados (como é o caso no Brasil implicarem a existência de estados nos quais taxas altamente negativas de crescimento do consumo são alcançadas com probabilidade demasiado elevadas. Este fato é particularmente importante quando se tenta utilizar parâmetros de aversão ao risco altos o suficiente para gerar o prêmio de risco inerente ao caso brasileiro.

  17. A meta-analysis of the equity premium

    NARCIS (Netherlands)

    C. van Ewijk; H.L.F. de Groot; A.J. Santing

    2012-01-01

    The equity premium is a key parameter in asset allocation policies. There is a vigorous debate in the literature regarding the actual measurement of the equity premium, its size and the determinants of its variation. This study aims to take stock of this literature by means of a meta-analysis. We id

  18. 77 FR 41048 - Health Insurance Premium Tax Credit; Correction

    Science.gov (United States)

    2012-07-12

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BJ82 Health Insurance Premium Tax Credit; Correction AGENCY..., 2012 (77 FR 30377). The final regulations relate to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of...

  19. 78 FR 7264 - Health Insurance Premium Tax Credit

    Science.gov (United States)

    2013-02-01

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BL49 Health Insurance Premium Tax Credit AGENCY: Internal... regulations relating to the health insurance premium tax credit enacted by the Patient Protection and... coverage and who wish to enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges...

  20. 26 CFR 1.822-11 - Net premiums.

    Science.gov (United States)

    2010-04-01

    ... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Net premiums. 1.822-11 Section 1.822-11...

  1. 26 CFR 1.823-4 - Net premiums.

    Science.gov (United States)

    2010-04-01

    ... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Net premiums. 1.823-4 Section 1.823-4...

  2. 26 CFR 1.823-1 - Net premiums.

    Science.gov (United States)

    2010-04-01

    ... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Net premiums. 1.823-1 Section 1.823-1...

  3. Premium Motorsi priimad päevad / Raigo Neudorf

    Index Scriptorium Estoniae

    Neudorf, Raigo

    2007-01-01

    Automüüja Premium Motors on edu saavutanud luksusmaasturi Hummer ning teiste USA eksklusiivsete automarkide müügiõigusega. Tabel: Rentaabel äri. Vt. samas: Palun kaks roosat Hummerit; Premium Motors hakkab sügisel Hiina maastureid müüma.

  4. The Risk Premium for Equity : Explanations and Implications

    NARCIS (Netherlands)

    Grant, S.; Quiggin, J.

    2001-01-01

    The equity premium puzzle shows that using standard parameters and setup, the Consumption-based Capital Asset Pricing Model's (CCAPM's) prediction of the premium associated with systematic risk is out by an order of magnitude.The object of this paper is to consider the implications of each of the

  5. 77 FR 6675 - Premium Penalty Relief for Certain Delinquent Plans

    Science.gov (United States)

    2012-02-09

    ... CORPORATION 29 CFR Part 4007 Premium Penalty Relief for Certain Delinquent Plans AGENCY: Pension Benefit... regulatory review, among other initiatives, PBGC is announcing a limited window for covered plans that have... and 4007 of ERISA, plans covered by title IV must pay premiums to PBGC. The vast majority of plans...

  6. Premium auctions and risk preferences: an experimental study

    NARCIS (Netherlands)

    Brunner, C.; Hu, A.; Oechssler, J.

    2014-01-01

    In premium auctions, the highest losing bidder receives a reward from the seller. This paper studies the private value English premium auction (EPA) for different risk attitudes of bidders. We explicitly derive the symmetric equilibrium for bidders with CARA utilities and conduct an experimental stu

  7. The equity risk premium : emerging versus developed markets

    NARCIS (Netherlands)

    Salomons, R.M.; Grootveld, H.

    2002-01-01

    This paper gives an empirical view of the ex-post equity risk premium in a number of international markets with special attention to emerging ones. Our study yields interesting implications for finance. Firstly, we find that the equity risk premium in emerging markets is significantly higher than in

  8. Premium Motorsi priimad päevad / Raigo Neudorf

    Index Scriptorium Estoniae

    Neudorf, Raigo

    2007-01-01

    Automüüja Premium Motors on edu saavutanud luksusmaasturi Hummer ning teiste USA eksklusiivsete automarkide müügiõigusega. Tabel: Rentaabel äri. Vt. samas: Palun kaks roosat Hummerit; Premium Motors hakkab sügisel Hiina maastureid müüma.

  9. Qualitative research publication rates in top-ranked nursing journals: 2002-2011.

    Science.gov (United States)

    Gagliardi, Anna R; Umoquit, Muriah; Webster, Fiona; Dobrow, Mark

    2014-01-01

    Journal publication is the traditional means of disseminating research. Few top-ranked general medical and health services and policy research journals publish qualitative research. This study examined qualitative research publication rates in top-ranked nursing journals with varying characteristics (general vs. specialty focus, number of issues per year) and compared publication rates with those previously reported for journals in related fields. A bibliometric approach was used to identify and quantify qualitative articles published in 10 top-ranked nursing journals from 2002 to 2011. The percentage of qualitative empirical studies varied within and across nursing journals with no apparent association with journal characteristics. Although variable, qualitative research appears more common in high-ranking nursing journals than in general medical and health services and policy research journals. Examining factors that contribute to inconsistent rates may identify strategies to optimize qualitative research reporting and publication.

  10. Publication rate of abstracts presented at European Paediatric Orthopaedic Society Annual Meetings, 2006 to 2008.

    Science.gov (United States)

    Kleine-Konig, Marie-Theres; Schulte, Tobias L; Gosheger, Georg; Rödl, Robert; Schiedel, Frank M

    2014-09-01

    The quality of the abstracts presented at a conference reflects the scientific work and level of activity of the scientific association concerned. The aim of the present study was to determine the rate of publications of podium presentations and posters at the conferences of the European Paediatric Orthopaedic Society (EPOS) from 2006 to 2008 and to identify factors that favor publication in peer-reviewed journals. The results are compared with those of other international societies. All 646 abstracts (including podiums, posters, and e-posters) presented at the EPOS conferences were investigated using the PubMed database to identify any corresponding published articles in the journals listed in the database. A period of 5 years before and after the relevant conference was used for the PubMed search. Factors influencing publication and the quality of the study, such as the type of presentation and the level of evidence, were also investigated. A publication rate of 36.7% was observed, corresponding to 237 publications of 646 abstracts. The period to publication showed a mean of 13.88 ± 1.34 months. It was found that abstracts of podium presentations were published significantly more often than poster abstracts (PPediatric Orthopaedics. In addition, the present study shows that abstracts with a higher level of evidence were associated with a higher publication rate. At 36.7%, the rate of publication of EPOS abstracts is within the range reached by other specialist orthopaedics societies, such as the German Society of Orthopaedics and Trauma Surgery (36%) and the British Orthopaedic Association (36%). However, it is lower than the publication rate of the Pediatric Orthopaedic Society of North America (POSNA), at 50%. The high percentage of unpublished conference abstracts (63%), which did not go through a peer-reviewed process, casts doubts upon the practice of utilizing the citation of abstracts based purely on conference abstracts. Statistical study.

  11. The effect of virtual bidding on forward premiums in the New York wholesale energy market

    Science.gov (United States)

    Knudsen, Andrew D.

    In many parts of the United States, the power industry has been deregulated and replaced with regional wholesale energy markets, where utilities purchase electricity from generators at competitive market rates for subsequent distribution to customers. Numerous studies have shown that in each of these markets, the price of energy purchased in the Day Ahead (futures) market exceeds the price in the Real Time (spot) market on average. The existence of this "forward premium" is evidence of market inefficiency and may indicate participants' aversion to risk in the Real Time market or the exercise of market power by generators. To address this inefficiency, the New York Independent System Operator introduced a virtual bidding system within its wholesale market, which permitted participants to engage in purely financial transactions and hedge their exposure to risk. The new policy was expected to promote price convergence by allowing bidders to arbitrage expected differences between Day Ahead and Real Time prices. This study examines whether the presence of virtual bidding was associated with a change in the mean value and magnitude of forward premiums in the NYISO energy market. The study applies a GARCH model to hourly pricing data from 2001 to 2009, controlling for temperature and economic activity. The results indicate that prior to 2005, virtual bidding was associated with significantly lower and less volatile forward premiums in New York's five most congested zones but with increased premiums in the remaining less congested zones. However, when the entire period from 2001 to 2009 is examined, the results suggest that prices have become significantly more divergent in the presence of virtual bidding. Closer examination of the data reveals a dramatic increase in forward premium volatility across all zones beginning in 2005 that is not accounted for by temperature or economic activity and may have biased the results. This study attempts to account for this unexplained

  12. 29 CFR 778.203 - Premium pay for work on Saturdays, Sundays, and other “special days”.

    Science.gov (United States)

    2010-07-01

    ... DIVISION, DEPARTMENT OF LABOR STATEMENTS OF GENERAL POLICY OR INTERPRETATION NOT DIRECTLY RELATED TO REGULATIONS OVERTIME COMPENSATION Payments That May Be Excluded From the âRegular Rateâ Extra Compensation... section 7(e)(6) and 7(h) of the Act, extra compensation provided by a Premium rate of at least time...

  13. Public Debt Tipping Point Studies Ingnore How Exchange Rate Changes May Create A Financial Meltdowns

    OpenAIRE

    Pope, Robin; Selten, Reinhard

    2012-01-01

    In studies concluding that public debt may hamper GDP, the debt tipping effects are estimated as if there were a single world currency. This means that such studies ignore the likely biggest cause of changes in growth rates, namely damage from exchange rate liquidity shocks because we do not live in the fairyland of a single world currency. The conclusions of these studies are accordingly invalid. They deflect attention from a prime danger, namely an exchange-rate-precipitated global meltdown...

  14. Inflation, Endogenous Market Segmentation and the Term Structure of Interest Rates

    OpenAIRE

    Vries, Casper; Wang, X.

    2015-01-01

    markdownabstract__Abstract__ The term structure of interest rates does not adhere to the expectations hypothesis, possibly due to a risk premium. We consider the implications of a risk premium that arises from endogenous market segmentation driven by variable inflation rates. In the absence of autocorrelation in inflation, the risk premium is constant. If inflation is correlated, however, the risk premium becomes time varying and we can rationalize the failure of the expectations hypothesis. ...

  15. 基于随机控制的非寿险保费定价策略%Stochastic control in formulating non-life insurance premium strategies

    Institute of Scientific and Technical Information of China (English)

    王桂胜; 陈秉正

    2011-01-01

    该文探讨在完全竞争的保险市场条件下如何制定最佳非寿险保费策略,以促进非寿险保险公司的发展。主要运用随机最优控制理论,分别在采取期望最终财富和采取期望效用两种模式下,分析了在相对保费率设定和相机抉择设定下的非寿险保费定价策略,得到了一致的最优保费定价策略;并将该最优保费定价策略应用于简单目标函数分析。结果表明:最优保费定价策略是一致的;最优保费定价策略是要么制定一个很高的保费率,要么制定一个低于某一常数的相对保费率;最优保费率取决于平均损失率和市场平均保费等因素。%An optimal non-life insurance premium strategy in perfectly competitive insurance markets was developed for relative premium rate and trade-off specifications using stochastic control theory for two modes of the expected utility and expected final wealth.The consistent optimal premium strategy is applied to an empirical analysis of a simple objective function.The optimal premium strategy is shown to be consistent with the optimal premium strategy of whether to have a high premium rate or a relative premium rate less than a constant depends on the average loss rate and average market premium.

  16. Matrix of risk and premium for the developing of small hydropower projects; Matriz de risco e premio para o desenvolvimento de projetos de PCHs (Pequenas Centrais Hidroeletricas)

    Energy Technology Data Exchange (ETDEWEB)

    Santos, Afonso Henriques Moreira; Garcia, Marco Aurelio R.A.; Cruz, Ricardo A. Passos da

    2008-07-01

    The aim of this paper is to propose a method for valuation of assets of small hydroelectric plants in different stages of maturation. To this end, we adopted the principle of risk premium, associated with a portion of the profitability of the project (internal rate of return-IRR) in every stage of development. In other words: the more mature the project, the lower your risk and consequently lower the corresponding premium, adopting as a total prize the IRR expected to the project.

  17. Publication rates from the All India Ophthalmic Conference 2010 compared to 2000: Are we improving?

    Directory of Open Access Journals (Sweden)

    R Kumaragurupari

    2016-01-01

    Full Text Available Purpose: To determine the publication rates of free papers and posters presented at the All India Ophthalmic Conference (AIOC 2010 in peer-reviewed journals up to December 2015 and compare this with publication rates from AIOC2000 published previously. Methods: A thorough literature search was conducted using PubMed, Google Scholar, and the general Google search engine by two independent investigators. The title of the paper, keywords and author names were used to “match” the AIOC free-paper with the published paper. In addition, the “purpose,” “methods,” and “outcome measures” between the two were studied to determine the “match.” Results: A total of 58 out of 394 free-papers (14.7% from AIOC2010 were published till December 2015 compared to 16.5% from AIOC2000. Out of these, 52 (90% were published in PubMed indexed journals. Maximum publications were seen in pediatric ophthalmology (50% followed by glaucoma (24.4% and cornea (23.8%. Fifteen out of 272 posters (5.5% were published; orbit/oculoplastics had the highest poster publications (13%. Excluding papers in nonindexed journals and those by authors with international affiliations, the publication rate was approximately 12%. Conclusion: The publication rate of free papers from AIOC2010 has marginally reduced compared to AIOC2000. Various causes for this such as lack of adequate training, motivation, and lack of incentives for research in the Indian scenario have been explored, and measures to improve this paradigm have been discussed. It will be prudent to repeat this exercise every decade to compare publication rates between periodic AIOC, stimulate young minds for quality research and educate policy makers toward the need for developing dedicated research departments across the country.

  18. A bibliographic review of public health dissemination and implementation research output and citation rates.

    Science.gov (United States)

    Wolfenden, Luke; Milat, Andrew J; Lecathelinais, Christophe; Skelton, Eliza; Clinton-McHarg, Tara; Williams, Christopher; Wiggers, John; Chai, Li Kheng; Yoong, Sze Lin

    2016-12-01

    The aim of this study was to describe the research output and citation rates (academic impact) of public health dissemination and implementation research according to research design and study type. A cross sectional bibliographic study was undertaken in 2013. All original data-based studies and review articles focusing on dissemination and implementation research that had been published in 10 randomly selected public health journals in 2008 were audited. The electronic database 'Scopus' was used to calculate 5-year citation rates for all included publications. Of the 1648 publications examined, 216 were original data-based research or literature reviews focusing on dissemination and implementation research. Of these 72% were classified as descriptive/epidemiological, 26% were intervention and just 1.9% were measurement research. Cross-sectional studies were the most common study design (47%). Reviews, randomized trials, non-randomized trials and decision/cost-effectiveness studies each represented between 6 and 10% of all output. Systematic reviews, randomized controlled trials and cohort studies were the most frequently cited study designs. The study suggests that publications that had the greatest academic impact (highest citation rates) made up only a small proportion of overall public health dissemination and implementation research output.

  19. Examination of the effects of public spending and trade policy on real exchange rate in Cameroon

    Directory of Open Access Journals (Sweden)

    Victalice Ngimanang ACHAMOH

    2015-11-01

    Full Text Available The study adopts the inter-temporal model of Rodríguez (1989 and Edward (1989 extended in Elbadawi and Soto (1997 to empirically examine the effect of public expenditure and trade openness on the real exchange rate using Cameroon data from 1977 to 2010. After exploring some issues on exchange rate and reviewing the relevant literature, the study employs residual based-cointegration technique. All the variables were stationary at level form or first differences. Public spending significantly appreciates the real exchange likewise the trade openness variable in the longrun. The results of the study suggests that appreciation of real exchange rate could be prevented by contracting public spending or adopting restrictive trade measures especially in the long run.

  20. Selling Into the Sun: Price Premium Analysis of a Multi-State Dataset of Solar Homes

    Energy Technology Data Exchange (ETDEWEB)

    Adomatis, Sandra [Adomatis Appraisal Services, Punta Gorda, FL (United States); Jackson, Thomas [Texas A & M Univ. and Real Property Analytics Inc., College Station, TX (United States); Graff-Zivin, Joshua [Univ. of California, San Diego, CA (United States); Thayer, Mark [San Diego State Univ., CA (United States); Klise, Geoffrey [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Wiser, Ryan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Hoen, Ben [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2015-01-01

    Capturing the value that solar photovoltaic (PV) systems may add to home sales transactions is increasingly important. Our study enhances the PV-home-valuation literature by more than doubling the number of PV home sales analyzed (22,822 homes in total, 3,951 of which are PV) and examining transactions in eight states that span the years 2002–2013. We find that home buyers are consistently willing to pay PV home premiums across various states, housing and PV markets, and home types; average premiums across the full sample equate to approximately $4/W or $15,000 for an average-sized 3.6-kW PV system. Only a small and non-statistically significant difference exists between PV premiums for new and existing homes, though some evidence exists of new home PV system discounting. A PV green cachet might exist, i.e., home buyers might pay a certain amount for any size of PV system and some increment more depending on system size. The market appears to depreciate the value of PV systems in their first 10 years at a rate exceeding the rate of PV efficiency losses and the rate of straightline depreciation over the asset’s useful life. Net cost estimates—which account for government and utility PV incentives—may be the best proxy for market premiums, but income-based estimates may perform equally well if they accurately account for the complicated retail rate structures that exist in some states. Although this study focuses only on host-owned PV systems, future analysis should focus on homes with third-party-owned PV systems.

  1. 42 CFR 447.76 - Public schedule.

    Science.gov (United States)

    2010-10-01

    ...) Current premiums, enrollment fees, or similar fees. (2) Current cost sharing charges. (3) The aggregate limit on premiums and cost sharing or just cost sharing. (4) Mechanisms for making payments for required... Cost Sharing Under Section 1916a § 447.76 Public schedule. (a) The State must make available to...

  2. The Equity Premium Puzzle: Analysis in Brazil after the Real Plan

    Directory of Open Access Journals (Sweden)

    Fábio Augusto Reis Gomes

    2013-04-01

    Full Text Available Our paper investigates whether there is evidence of an Equity Premium Puzzle (EPP in Brazil, applying two different methodologies. The EPP was identified by Mehra and Prescott (1985 since the Consumption Capital Asset Pricing Model (CCAPM, when calibrated with reasonable preference parameters, could not explain high historical average risk premiums in the United States. In our first approach, we consider Mehra’s (2003 model and calibrate the coefficient of risk aversion, using 1995:2-2012:1 quarterly data. The Ibovespa index was used as a measure of the market return, whereas the risk-free rate was proxied by the Selic interbank rate and by the savings account rate. In our second approach, we propose a new method to test the puzzle. We jointly estimate, via generalized method of moments, the parameters of interest using a moment condition that has not been previously explored, as far as we are aware of. The two approaches produced a high risk aversion coefficient, however the second approach indicated that we cannot reject the hypothesis of the risk aversion coefficient being statistically equal to zero. A possible explanation for this result might be that in Brazil the equity premium is not statistically different from zero. Therefore there is no evidence of EPP in Brazil for the studied period.

  3. Price premium of organic salmon in Danish retail sale

    DEFF Research Database (Denmark)

    Ankamah Yeboah, Isaac; Nielsen, Max; Nielsen, Rasmus

    2016-01-01

    of exclusively using organic fry for production. If the profitability of the primary organic aquaculture producers should be maintained, then farmers must be able to correspondingly receive higher prices, transmitted through the value chain from the retail market. This study identifies the price premium...... for organic salmon in Danish retail sale using consumer panel scanner data from households by applying a random effect hedonic price model that permits unobserved household heterogeneity. A price premium of 20% was identified for organic salmon. The magnitude of this premium is comparable to organic labeled...

  4. Consumers Buy Lower-Cost Plans On Covered California, Suggesting Exposure To Premium Increases Is Less Than Commonly Reported.

    Science.gov (United States)

    Gabel, Jon R; Arnold, Daniel R; Fulton, Brent D; Stromberg, Sam T; Green, Matthew; Whitmore, Heidi; Scheffler, Richard M

    2017-01-01

    With the notable exception of California, states have not made enrollment data for their Affordable Care Act (ACA) Marketplace plans publicly available. Researchers thus have tracked premium trends by calculating changes in the average price for plans offered (a straight average across plans) rather than for plans purchased (a weighted average). Using publicly available enrollment data for Covered California, we found that the average purchased price for all plans was 11.6 percent less than the average offered price in 2014, 13.2 percent less in 2015, and 15.2 percent less in 2016. Premium growth measured by plans purchased was roughly 2 percentage points less than when measured by plans offered in 2014-15 and 2015-16. We observed shifts in consumer choices toward less costly plans, both between and within tiers, and we estimate that a $100 increase in a plan's net annual premium reduces its probability of selection. These findings suggest that the Marketplaces are helping consumers moderate premium cost growth. Project HOPE—The People-to-People Health Foundation, Inc.

  5. External dose-rate conversion factors for calculation of dose to the public

    Energy Technology Data Exchange (ETDEWEB)

    1988-07-01

    This report presents a tabulation of dose-rate conversion factors for external exposure to photons and electrons emitted by radionuclides in the environment. This report was prepared in conjunction with criteria for limiting dose equivalents to members of the public from operations of the US Department of Energy (DOE). The dose-rate conversion factors are provided for use by the DOE and its contractors in performing calculations of external dose equivalents to members of the public. The dose-rate conversion factors for external exposure to photons and electrons presented in this report are based on a methodology developed at Oak Ridge National Laboratory. However, some adjustments of the previously documented methodology have been made in obtaining the dose-rate conversion factors in this report. 42 refs., 1 fig., 4 tabs.

  6. Influence of premium versus value brand names on the smoking experience in a plain packaging environment: an experimental study.

    Science.gov (United States)

    Skaczkowski, Gemma; Durkin, Sarah; Kashima, Yoshihisa; Wakefield, Melanie

    2017-01-16

    To examine the effect of branding, as indicated by brand name, on evaluation of the cigarette smoking experience. Between-subjects and within-subjects experimental study. Participants were randomly allocated to smoke a cigarette from a pack featuring a premium brand name and a cigarette from a pack featuring a value brand name. Within each condition, participants unknowingly smoked two identical cigarettes (either two premium or two value cigarettes). Australia, October 2014, 2 years after tobacco plain packaging implementation. 81 current cigarette smokers aged 19-39 years. From apparently premium and value brand-name packs, 40 smokers were allocated to smoke the same actual premium cigarettes and 41 were allocated to smoke the same actual value cigarettes. Experienced taste (flavour, satisfaction, enjoyment, quality, liking, mouthfeel and aftertaste), harshness, dryness, staleness, harm/strength measures (strength, tar, lightness, volume of smoke), draw effort and purchase intent. Cigarettes given a premium brand name were rated as having a better taste, were less harsh and less dry than identical cigarettes given a value brand name. This pattern was observed irrespective of whether the two packs actually contained premium or value cigarettes. These effects were specific: the brand name did not influence ratings of cigarette variant attributes (strength, tar, volume of smoke, lightness and draw effort). Despite the belief that brand names represent genuine differences between cigarette products, the results suggest that at least some of this perceived sensory difference is attributable to brand image. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/.

  7. Influence of premium versus value brand names on the smoking experience in a plain packaging environment: an experimental study

    Science.gov (United States)

    Skaczkowski, Gemma; Durkin, Sarah; Kashima, Yoshihisa; Wakefield, Melanie

    2017-01-01

    Objective To examine the effect of branding, as indicated by brand name, on evaluation of the cigarette smoking experience. Design Between-subjects and within-subjects experimental study. Participants were randomly allocated to smoke a cigarette from a pack featuring a premium brand name and a cigarette from a pack featuring a value brand name. Within each condition, participants unknowingly smoked two identical cigarettes (either two premium or two value cigarettes). Setting Australia, October 2014, 2 years after tobacco plain packaging implementation. Participants 81 current cigarette smokers aged 19–39 years. From apparently premium and value brand-name packs, 40 smokers were allocated to smoke the same actual premium cigarettes and 41 were allocated to smoke the same actual value cigarettes. Primary outcome measures Experienced taste (flavour, satisfaction, enjoyment, quality, liking, mouthfeel and aftertaste), harshness, dryness, staleness, harm/strength measures (strength, tar, lightness, volume of smoke), draw effort and purchase intent. Results Cigarettes given a premium brand name were rated as having a better taste, were less harsh and less dry than identical cigarettes given a value brand name. This pattern was observed irrespective of whether the two packs actually contained premium or value cigarettes. These effects were specific: the brand name did not influence ratings of cigarette variant attributes (strength, tar, volume of smoke, lightness and draw effort). Conclusions Despite the belief that brand names represent genuine differences between cigarette products, the results suggest that at least some of this perceived sensory difference is attributable to brand image. PMID:28093441

  8. 气候变化对东北玉米干旱指数保险纯费率厘定的影响∗%Impact of Climate Change on Pure Premium Rating of Drought Index Insurance for Maize in Northeast China

    Institute of Scientific and Technical Information of China (English)

    杨帆; 刘布春; 刘园; 杨晓娟

    2015-01-01

    基于东北三省68个气象站1961-2010年的逐日气象数据,利用 Penmen ̄Monteith 公式计算玉米生育期内的逐日参考作物蒸散量,结合逐日降水量资料构建干旱指数( CWD);将整个分析期按照3个准30a 周期(1961-1990、1971-2000和1981-2010年)进行统计,计算不同周期内东北地区 CWD 的理论概率分布函数,分别求得累积概率≤5%、≤15%和≤25%时各站的 CWD 值作为重旱、中旱和轻旱划分标准的阈值,并以不同时间尺度分别厘定保险纯费率;对3个时段的结果进行对比,以分析气候变化对干旱指数保险产品纯费率厘定的影响。结果表明,干旱指数 CWD 能很好地指示东北玉米干旱风险,1961-2010玉米生育期内全区干旱风险由东向西递增,西部为常年干旱区;各时段内多数站点表现为旱情加重;从重灾到轻灾,旱情加重的站点减少而旱情减轻的站点增多;基于 CWD 厘定的玉米旱灾保险纯费率与单产减产率的厘定结果近似(相关系数0.893),时间变化上表现为先增后降。这说明一种公平科学的保险纯费率应考虑气候变化的影响,随各时段灾害风险的不同作适当调整。%Based on the daily meteorological data of 68 stations in Northeast China during 1961 - 2010, daily reference evapotranspiration during maize growing duration was calculated by using Penman ̄Monteith formula. Combined with daily precipitation, a indicator ̄crop water deficit (CWD) was designed to indicate drought risk. The whole analysis period was divided into three 30 ̄year period ( 1961 - 1990, 1971 - 2000 and 1981 - 2010 ). The probability distribution function of CWD was built and critical value of CWD was calculated with cumulative probability ≤5% ,≤15% and ≤25% , respectively. These values were set as a division criterion of severe ̄drought, moderate ̄drought and slight ̄drought and used to calculate pure premium rate according to different

  9. Currency Allocation of Public External Debt and Synchronization Indicators of Exchange Rate Volatility

    OpenAIRE

    Martin Melecky

    2010-01-01

    This paper uses synchronization indicators of domestic and foreign fundamentals to choose suitable currency allocation of public external debt. The selection of explanatory variables for exchange rate volatility is motivated using a New Keynesian Policy model that predicts that not only traditional optimum currency area (OCA) variables, but also variables considered by the literature on currency preferences, such as money velocity, should be relevant for explaining exchange rate volatility. I...

  10. The structure of public debt and the choice of exchange rate regime

    OpenAIRE

    Michael Bleaney; F Gulcin Ozkan

    2011-01-01

    This paper explores the relationship between the denomination of public debt and the choice of exchange rate regime. Three types of debt (nominal, indexed, and foreign) and two regimes (fixed and flexible) are considered. Indexed debt is insulated against unexpected inflation. The real (domestic-currency) value of foreign debt is subject to valuation effects from real exchange rate shocks. The `fear-of-floating' result, that foreign debt makes pegging more attractive, is shown to hold unambig...

  11. Publication rate and PhD enrolment following a medical pre-graduate research programme

    DEFF Research Database (Denmark)

    Skovgaard, Marlene; Okkels, Niels; Christensen, Mette Krogh;

    2015-01-01

    INTRODUCTION: In the 1990s, the publication and PhD recruitment rates following the Danish pre-graduate research programme (PGRP) in medicine were 54% and 33%, respectively. Updated estimates are unknown. METHODS: All medical students enrolled in the PGRP at the Faculty of Medicine, Aarhus......% of the overall 224 papers, and 90% were original articles. Publication was positively associated with completion of the PGRP in related to enrolment in the PGRP after fewer years in medical school. CONCLUSIONS......: Fast completion of the PGRP and early enrolment in the programme were associated with scientific publishing and PhD recruitment. The publication rate has remained stable over time. FUNDING: Authors were funded by their individual affiliations. TRIAL REGISTRATION: not relevant....

  12. 77 FR 16116 - Public Input on the Development and Potential Issuance of Treasury Floating Rate Notes

    Science.gov (United States)

    2012-03-19

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Public Input on the Development and Potential Issuance of Treasury Floating Rate Notes AGENCY: Office of the Assistant Secretary for Financial Markets, Treasury. ACTION: Notice and request for...

  13. A puzzle of excessive equity risk premium and the case of Poland

    Directory of Open Access Journals (Sweden)

    Paweł Kliber

    2016-07-01

    Full Text Available The article presents a historical review of the literature related to the empirical problem of excessive risk premium. The risk premium (the diff erence between the return on equiti es and risk-free rate observed in fi nancial markets cannot be reconciled with theoreti cal models of fi nancial markets – it is too high (“excessive”. We present the original model from the seminal work of Mehra and Prescott (1985, where this problem has been signaled. The article gives an overview of the main trends in the literature concerning this problem, of the proposed soluti ons and of the extension to the model. Finally, we consider the problem in the Polish context, estimating the original Mehra-Prescott model using data from the Polish financial market.

  14. Empirical Analysis of the Impact of Inflation Targeting on the Risk Premium

    Directory of Open Access Journals (Sweden)

    Krušković Borivoje D.

    2014-09-01

    Full Text Available The basis for the conduct of monetary policy is monetary policy strategy. Monetary strategy is necessary for monetary policy makers to analyse all relevant information in order to undertake effective policy actions. Inflation targeting has enabled countries to achieve low inflation in the very short term. Due to this, the financial markets have adjusted their long-term inflation expectations and incorporated them into the interest rate. Risk premiums that compensate for the uncertainty of inflation have fallen. The aim of this paper is to examine how the adoption of inflation targeting affects the movement of the risk premium. The hypothesis we want to test is that the adoption of inflation targeting affects the reduction of the country risk premium by affecting the formation of a more stable macroeconomic environment through a more stable and predictable inflation rate in the medium and long term. The method used for evaluating the regression coefficients is the dynamic panel generalized method of moments (GMM. This method involves the use of conditional moments in endogenous and exogenous variables with a lag as instruments for the assessment of differential equations, while the difference lagged endogenous variables are used as instruments in the levels equation.

  15. Exposure reduces negative bias in self-rated performance in public speaking fearful participants.

    Science.gov (United States)

    Cheng, Joyce; Niles, Andrea N; Craske, Michelle G

    2017-03-01

    Individuals with public speaking anxiety (PSA) under-rate their performance compared to objective observers. The present study examined whether exposure reduces the discrepancy between self and observer performance ratings and improved observer-rated performance in individuals with PSA. PSA participants gave a speech in front of a small audience and rated their performance using a questionnaire before and after completing repeated exposures to public speaking. Non-anxious control participants gave a speech and completed the questionnaire one time only. Objective observers watched videos of the speeches and rated performance using the same questionnaire. PSA participants underrated their performance to a greater degree than did controls prior to exposure, but also performed significantly more poorly than did controls when rated objectively. Bias significantly decreased and objective-rated performance significantly increased following completion of exposure in PSA participants, and on one performance measure, anxious participants no longer showed a greater discrepancy between self and observer performance ratings compared to controls. The study employed non-clinical student sample, but the results should be replicated in clinical anxiety samples. These findings indicate that exposure alone significantly reduces negative performance bias among PSA individuals, but additional exposure or additional interventions may be necessary to fully correct bias and performance deficits. Copyright © 2016 Elsevier Ltd. All rights reserved.

  16. 5 CFR 890.1306 - Government premium contributions.

    Science.gov (United States)

    2010-01-01

    ....1306 Section 890.1306 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM Department of Defense Federal Employees Health Benefits Program Demonstration Project § 890.1306 Government premium contributions. The Secretary...

  17. The Effects of Premium Changes on ALL Kids

    Data.gov (United States)

    U.S. Department of Health & Human Services — The Effects of Premium Changes on ALL Kids, Alabamas CHIP Program Unlike many other CHIP programs, ALL Kids is a standalone program that provides year long...

  18. Demystifying first-cost green building premiums in healthcare.

    Science.gov (United States)

    Houghton, Adele; Vittori, Gail; Guenther, Robin

    2009-01-01

    This study assesses the extent of "first-cost green building construction premiums" in the healthcare sector based on data submitted by and interviews with 13 current LEED-certified and LEED-registered healthcare project teams, coupled with a literature survey of articles on the topics of actual and perceived first-cost premiums associated with green building strategies. This analysis covers both perceived and realized costs across a range of projects in this sector, leading to the following conclusions: Construction first-cost premiums may be lower than is generally perceived, and they appear to be independent of both building size and level of "green" achievement; projects are using financial incentives and philanthropy to drive higher levels of achievement; premiums are decreasing over time; and projects are benefiting from improvements in health and productivity which, although difficult to monetize, are universally valued.

  19. Premium variation in the individual health insurance market.

    Science.gov (United States)

    Herring, B; Pauly, M V

    2001-03-01

    Recent proposals to decrease the number of uninsured in the U.S. indicate that the individual health insurance market's role may increase. Amid fears of possible risk-segmentation in individual insurance, there exists limited information of the functioning of such markets. This paper examines the relationship between expected medical expense and actual paid premiums for households with individual insurance in the 1996-1997 Community Tracking Study's Household Survey. We find that premiums vary less than proportionately with expected expense and vary only with certain risk characteristics. We also explore how the relationship between risk and premiums is affected by local regulations and market characteristics. We find that premiums vary significantly less strongly with risk for persons insured by HMOs and in markets dominated by managed care insurers.

  20. An Empirical Study of Asian Crude Oil Premiums

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    The price of Middle East crude oil exported to Asian countries has been higher than that to Europe and America for a long period, and this price differential made Asian countries pay more than European and American countries. Prior investigations found that "Asian Crude Oil Premium" did exist at a relatively low oil price level. However, world oil price soared after 2003, making the price of Middle East crude oil exported to European countries or America rise quickly, sometimes even higher than that to Asia. Under this situation, this paper uses the price of Middle East crude oil sold to Europe or America or Asia to test if the premium exists at a high oil price level and concludes that the crude oil price premium of Asia against America does not exist, but the premium of Asia against Europe still exists.

  1. 48 CFR 2132.170 - Recurring premium payments to Contractors.

    Science.gov (United States)

    2010-10-01

    ..., a reconciliation of premiums, benefits, and other costs will be performed as a limited cost... Contractor's bank for payment. (c) Nothing in this chapter will affect the ability of the Contractor to...

  2. Fixed-premium deposit insurance and international credit crunches

    OpenAIRE

    Spiegel, Mark M.

    1996-01-01

    This article introduces a monopolistically competitive model of foreign lending in which both explicit and implicit fixed-premium deposit insurance increase the degree to which bank participation in relending to problem debtors falls below its globally optimal level. This provides a channel for fixed-premium deposit insurance to inhibit credit extension in bad states, resulting in an increase in the expected default percentage and an increase in the expected burden on the deposit insurance in...

  3. Rising College Premiums in Mexico: How Important Is Trade?

    OpenAIRE

    Mehta, Aashish; Acuna, Belinda

    2010-01-01

    The literature on wage inequality in liberalizing developing economies has largely attributed rising skill premiums to trade-induced increases in the demand for skilled labor within "sectors" (industries, occupations, or industry-occupation pairs). Although there is strong evidence from many countries of trade-induced increases in skill demand within manufacturing, we show that in Mexico, the most studied country in this literature, economy-wide increases in college premium can be explained w...

  4. Consumer Protection and Premium Rate Services In Denmark

    DEFF Research Database (Denmark)

    Trzaskowski, Jan

    2006-01-01

    Services, or allows the User to monitor his bill, limit his usage, or limits the liability in connection to unauthorised usage.Infringement of the legislation in question is mainly sanctioned by administrative or civil sanctions. The overall impression is that the Danish telecommunication industry is quite...

  5. Risk premiums in cap rates of investment property

    NARCIS (Netherlands)

    Wouwe, van M.; Berkhout, T.M.; Tansens, P.R.

    2008-01-01

    This article reports the results of a study about the correlations and patterns over time between the composite elements of the initial yield in the prime office and retail property markets in the Netherlands, the United Kingdom (London), Belgium (Brussels), and Germany (Frankfurt). For this study,

  6. The Forward Premium Anomaly in the Foreign Exchange Markets

    Directory of Open Access Journals (Sweden)

    Nessrine Hamzaoui Aloui

    2013-10-01

    Full Text Available The purpose of this paper is to address the issue of the forward premium anomaly by using two different approaches: the long memory process and Multivariate GARCH. Initially, through the ARFIMA model, we study the properties of the forward premium on foreign exchange markets, including the presence of any long memory. Since the univariate study framework obscures the effect of conditional covariances in the measurement of risk, the transition to a more parsimonious multivariate framework is required. Therefore, we estimate, in a second time, the DCC-MVGARCH model to capture the dynamic links between forward premium series and the spot exchange return. The estimation results argue in favor of a forward premium that exhibits a phenomenon of long memory. In addition, they reveal the existence of a significant correlation sensitivity to shocks following a process of mean reversion and the detection of a strong correlation between these forward premiums and low correlation between the forward premium and the spot exchange return.

  7. Local smoke-free public policies, quitline call rate, and smoking status in Kentucky.

    Science.gov (United States)

    Fernander, Anita F; Rayens, Mary Kay; Adkins, Sarah; Hahn, Ellen J

    2014-01-01

    The study investigated the relationships among local smoke-free public policies, county-level quitline call rate, and adult smoking status. A retrospective cross-sectional examination of demographic characteristics, smoking status of Kentuckians, and data from the Kentucky Tobacco Quitline were used to investigate the relationship of local smoke-free ordinances or Board of Health regulations together with county-level quitline use rates and population-level adult smoking status. One hundred and four Kentucky counties. The sample was comprised of 14,184 Kentucky participants with complete demographic information collected from the 2009-2010 Behavioral Risk Factor Surveillance System (BRFSS). Individual-level demographics and smoking status from the BRFSS; county-level urban/rural status; quitline rates; and smoke-free policy status. Given the hierarchical structure of the dataset, with BRFSS respondents nested within county, multilevel modeling was used to determine the predictors of smoking status. For every 1-unit increase in the county-level call rate the likelihood of current smoking status decreased by 9%. Compared to those living in communities without a policy, those in communities with a smoke-free public policy were 18% less likely to be current smokers. Limitations include quitline call rate as the sole indicator of cessation demand, as well as the cross-sectional design. Communities with smoke-free policies and higher rates of quitline use have lower rates of adult smoking.

  8. Effect of a Dedicated Pharmacy Student Summer Research Program on Publication Rate.

    Science.gov (United States)

    Brandl, Katharina; Adler, David; Kelly, Carolyn; Taylor, Palmer; Best, Brookie M

    2017-04-01

    Objectives. This study investigated the impact of an optional 12-week summer research program on the publication outcomes and satisfaction with the required research projects of doctor of pharmacy (PharmD) students at the Skaggs School of Pharmacy and Pharmaceutical Sciences (SSPPS) at the University of California San Diego. Methods. PubMed and Google searches provided student publications, and satisfaction surveys submitted by students provided their perceptions of the research project value. Results. Of the studied cohort, the 130 students who fulfilled the requirement through the optional summer research program provided 61 full-text manuscripts and 113 abstracts. The 305 students who chose the standard pathway provided 35 full-text manuscripts and 34 abstracts. Students in both pathways agreed or strongly agreed that the research project was a valuable experience. Conclusions. The 12-week intensive summer research program improved the publication rate of pharmacy students and provided a high overall satisfaction with this independent learning experience.

  9. Publication rate and PhD enrolment following a medical pre-graduate research programme

    DEFF Research Database (Denmark)

    Skovgaard, Marlene; Okkels, Niels; Christensen, Mette Krogh;

    2015-01-01

    INTRODUCTION: In the 1990s, the publication and PhD recruitment rates following the Danish pre-graduate research programme (PGRP) in medicine were 54% and 33%, respectively. Updated estimates are unknown. METHODS: All medical students enrolled in the PGRP at the Faculty of Medicine, Aarhus......, PGRP completion time and years in medical school at the time of PGRP initiation. Supervisors were described by sex, title, position and affiliation. Calculations were tested by the chi-squared test; p ...: Fast completion of the PGRP and early enrolment in the programme were associated with scientific publishing and PhD recruitment. The publication rate has remained stable over time. FUNDING: Authors were funded by their individual affiliations. TRIAL REGISTRATION: not relevant....

  10. Student Rating of Teaching Behaviour of Chemistry Teachers in Public Secondary Schools in Ekiti State

    OpenAIRE

    Oluwatayo James Ayodele

    2013-01-01

    The study investigated student-rating of teaching behaviour of Chemistry teachers in public secondary schools in EkitiState. Participants were 750 SS II Chemistry students (Male=375, Female=375) selected from 75 schools across the 16 local government areas of Ekiti State based on purposive and stratified random sampling techniques. Data were collected using a 30-item Teaching Behaviour Questionnaire (TBQ) clustered into seven categories (CATi=1,2,3,…) ranging from attendance and punctuality i...

  11. Informatics technology mimics ecology: dense, mutualistic collaboration networks are associated with higher publication rates.

    Science.gov (United States)

    Sorani, Marco D

    2012-01-01

    Information technology (IT) adoption enables biomedical research. Publications are an accepted measure of research output, and network models can describe the collaborative nature of publication. In particular, ecological networks can serve as analogies for publication and technology adoption. We constructed network models of adoption of bioinformatics programming languages and health IT (HIT) from the literature.We selected seven programming languages and four types of HIT. We performed PubMed searches to identify publications since 2001. We calculated summary statistics and analyzed spatiotemporal relationships. Then, we assessed ecological models of specialization, cooperativity, competition, evolution, biodiversity, and stability associated with publications.Adoption of HIT has been variable, while scripting languages have experienced rapid adoption. Hospital systems had the largest HIT research corpus, while Perl had the largest language corpus. Scripting languages represented the largest connected network components. The relationship between edges and nodes was linear, though Bioconductor had more edges than expected and Perl had fewer. Spatiotemporal relationships were weak. Most languages shared a bioinformatics specialization and appeared mutualistic or competitive. HIT specializations varied. Specialization was highest for Bioconductor and radiology systems. Specialization and cooperativity were positively correlated among languages but negatively correlated among HIT. Rates of language evolution were similar. Biodiversity among languages grew in the first half of the decade and stabilized, while diversity among HIT was variable but flat. Compared with publications in 2001, correlation with publications one year later was positive while correlation after ten years was weak and negative.Adoption of new technologies can be unpredictable. Spatiotemporal relationships facilitate adoption but are not sufficient. As with ecosystems, dense, mutualistic

  12. Informatics technology mimics ecology: dense, mutualistic collaboration networks are associated with higher publication rates.

    Directory of Open Access Journals (Sweden)

    Marco D Sorani

    Full Text Available Information technology (IT adoption enables biomedical research. Publications are an accepted measure of research output, and network models can describe the collaborative nature of publication. In particular, ecological networks can serve as analogies for publication and technology adoption. We constructed network models of adoption of bioinformatics programming languages and health IT (HIT from the literature.We selected seven programming languages and four types of HIT. We performed PubMed searches to identify publications since 2001. We calculated summary statistics and analyzed spatiotemporal relationships. Then, we assessed ecological models of specialization, cooperativity, competition, evolution, biodiversity, and stability associated with publications.Adoption of HIT has been variable, while scripting languages have experienced rapid adoption. Hospital systems had the largest HIT research corpus, while Perl had the largest language corpus. Scripting languages represented the largest connected network components. The relationship between edges and nodes was linear, though Bioconductor had more edges than expected and Perl had fewer. Spatiotemporal relationships were weak. Most languages shared a bioinformatics specialization and appeared mutualistic or competitive. HIT specializations varied. Specialization was highest for Bioconductor and radiology systems. Specialization and cooperativity were positively correlated among languages but negatively correlated among HIT. Rates of language evolution were similar. Biodiversity among languages grew in the first half of the decade and stabilized, while diversity among HIT was variable but flat. Compared with publications in 2001, correlation with publications one year later was positive while correlation after ten years was weak and negative.Adoption of new technologies can be unpredictable. Spatiotemporal relationships facilitate adoption but are not sufficient. As with ecosystems, dense

  13. Public Utility Regulatory Policies Act of 1978: Natural Gas Rate Design Study

    Energy Technology Data Exchange (ETDEWEB)

    None

    1980-05-01

    First, the comments on May 3, 1979 Notice of Inquiry of DOE relating to the Gas Utility Rate Design Study Required by Section 306 of PURPA are presented. Then, comments on the following are included: (1) ICF Gas Utility Model, Gas Utility Model Data Outputs, Scenario Design; (2) Interim Model Development Report with Example Case Illustrations; (3) Interim Report on Simulation of Seven Rate Forms; (4) Methodology for Assessing the Impacts of Alternative Rate Designs on Industrial Energy Use; (5) Simulation of Marginal-Cost-Based Natural Gas Rates; and (6) Preliminary Discussion Draft of the Gas Rate Design Study. Among the most frequent comments expressed were the following: (a) the public should be given the opportunity to review the final report prior to its submission to Congress; (b) results based on a single computer model of only four hypothetical utility situations cannot be used for policy-making purposes for individual companies or the entire gas industry; (c) there has been an unobjective treatment of traditional and economic cost rate structures; the practical difficulties and potential detrimental consequences of economic cost rates are not fully disclosed; and (d) it is erroneous to assume that end users, particularly residential customers, are influenced by price signals in the rate structure, as opposed to the total bill.

  14. Modeling and Analyzing Taxi Congestion Premium in Congested Cities

    Directory of Open Access Journals (Sweden)

    Changwei Yuan

    2017-01-01

    Full Text Available Traffic congestion is a significant problem in many major cities. Getting stuck in traffic, the mileage per unit time that a taxicab travels will decline significantly. Congestion premium (or so-called low-speed fare has become an increasingly important income source for taxi drivers. However, the impact of congestion premium on the taxicab market is not widely understood yet. In particular, modeling and analyzing of the taxi fare structure with congestion premium are extremely limited. In this paper, we developed a taxi price equilibrium model, in which the adjustment mechanism of congestion premium on optimizing the taxi driver’s income, balancing the supply and demand, and eventually improving the level of service in the whole taxicab market was investigated. In the final part, we provided a case study to demonstrate the feasibility of the proposed model. The results indicated that the current taxi fare scheme in Beijing is suboptimal, since the gain from the raise of congestion premium cannot compensate for the loss from the demand reduction. Conversely, the optimal fare scheme suggested by our model can effectively reduce the excessive demand and reach the supply-demand equilibrium, while keeping the stability of the driver’s income to the maximum extent.

  15. Publication Rate of Abstracts Presented at the Society for Obstetric Anesthesia and Perinatology Annual Meetings 2010-2014.

    Science.gov (United States)

    Gerlach, Brent; Shah, Anuj M; Lee, Michael T; Wong, Cynthia A; Sullivan, John T; Toledo, Paloma

    2017-03-01

    The Society for Obstetric Anesthesia and Perinatology (SOAP) annual meeting provides a forum to present new scientific work with the goal of broader dissemination of knowledge. The objective of this study was to evaluate the proportion of research abstracts presented at SOAP meetings, from 2010 to 2014, which resulted in peer-reviewed publications. The abstract-to-publication rate was compared with the percent of abstracts presented at biomedical meetings resulting in publication, as estimated by a 2007 Cochrane Review. The SOAP abstract-to-publication rate was lower than that of the Cochrane Review (26.8% vs 44.5%, P work should identify barriers to publication.

  16. Selection and the marriage premium for infant health.

    Science.gov (United States)

    Buckles, Kasey S; Price, Joseph

    2013-08-01

    Previous research has found a positive relationship between marriage and infant health, but it is unclear whether this relationship is causal or a reflection of positive selection into marriage. We use multiple empirical approaches to address this issue. First, using a technique developed by Gelbach (2009) to determine the relative importance of observable characteristics, we show how selection into marriage has changed over time. Second, we construct a matched sample of children born to the same mother and apply panel data techniques to account for time-invariant unobserved characteristics. We find evidence of a sizable marriage premium. However, this premium fell by more than 40 % between 1989 and 2004, largely as a result of declining selection into marriage by race. Accounting for selection reduces ordinary least squares estimates of the marriage premiums for birth weight, prematurity, and infant mortality by at least one-half.

  17. SKEWNESS OF RETURN DISTRIBUTION AND COEFFICIENT OF RISK PREMIUM

    Institute of Scientific and Technical Information of China (English)

    Fenghua WEN; Xiaoguang YANG

    2009-01-01

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

  18. Business Cycle and Risk Premium in the Colombian Stock Market

    Directory of Open Access Journals (Sweden)

    Andrés Mauricio Gómez Sánchez

    2013-11-01

    Full Text Available Through the Hodrick-Prescott methodology this paper presents a review about the relationship between the ex post risk premium of the stock market and business cycles observed in Colombia. Through quarterly information from the fourth quarter of 2001 to the third quarter of 2012, statistical evidence shows that the increase and decrease of ex post risk premium follow a countercyclical behavior in tune with existing research conducted about the United States and emerging economies, although with non-contemporary relationships with private consumption. In addition, it is found that in the last decade the Colombian risk premium follows a process of Auto Regressive Moving Average Models (ARMA, showing that there is no variation in at least two consecutive quarters and whose behavior is generated in part by external events at the domestic economic activity level experienced in near past periods.

  19. Trends in CT scan rates in children and pregnant women: teaching, private, public and nonprofit facilities

    Energy Technology Data Exchange (ETDEWEB)

    Hoshiko, Sumi; Smith, Daniel; Fan, Cathyn; Jones, Carrie R.; McNeel, Sandra V. [Environmental Health Investigations Branch, California Department of Public Health, Richmond, CA (United States); Cohen, Ronald A. [Children' s Hospital and Research Center Oakland, Department of Radiology, Oakland, CA (United States)

    2014-05-15

    Radiation exposure from medical sources now equals or exceeds that from natural background sources, largely attributable to a 20-fold increase in CT use since 1980. Increasing exposure to children and fetuses is of most concern due to their heightened susceptibility. More recently, CT use may be leveling or decreasing, but it is unclear whether this change is widespread or varies by type of institution. We sought to characterize trends in CT utilization in California hospitals and emergency departments among children and pregnant women, looking at different types of facilities, such as teaching, private, public and nonprofit institutions. We examined frequency of CT examinations by year from 229 facilities reporting CT usage in routinely collected California statewide data for 2005-2012. We modeled trends overall and by facility type. CT scans for pediatric and pregnant patient visits in the emergency department increased initially, then started to decline after 2008. Among hospital admissions, rates declined or leveled after 2005. In the emergency department, CT rates varied between types of facilities, with teaching hospitals reducing use sooner and more sharply than other types of facilities. CT utilization in California among children and pregnant women has begun to level or decline. Still, population exposure remains at historically high levels, warranting consideration of potential public health implications. Further examination of reasons for trends among hospital types, particularly how teaching hospitals have reduced rates of CT utilization, may help identify strategies for CT reduction without compromising patient care. (orig.)

  20. [Financial and economic principles of assessing enterprises' insurance premium for mandatory social worker's compensation].

    Science.gov (United States)

    Petrosiants, E V; Bal'nova, L G

    2000-01-01

    The authors analyzed present enterprises' insurance premiums, pointed out the associated drawbacks, defined main financial and economic principles underlying determination of enterprise's insurance premium (principle of sufficiency, principle of justice, principle of collective responsibility and principle of stimulation).

  1. Premium subsidies for health insurance: excessive coverage vs. adverse selection.

    Science.gov (United States)

    Selden, T M

    1999-12-01

    The tax subsidy for employment-related health insurance can lead to excessive coverage and excessive spending on medical care. Yet, the potential also exists for adverse selection to result in the opposite problem-insufficient coverage and underconsumption of medical care. This paper uses the model of Rothschild and Stiglitz (R-S) to show that a simple linear premium subsidy can correct market failure due to adverse selection. The optimal linear subsidy balances welfare losses from excessive coverage against welfare gains from reduced adverse selection. Indeed, a capped premium subsidy may mitigate adverse selection without creating incentives for excessive coverage.

  2. Exploration of Preterm Birth Rates Using the Public Health Exposome Database and Computational Analysis Methods

    Directory of Open Access Journals (Sweden)

    Anne D. Kershenbaum

    2014-11-01

    Full Text Available Recent advances in informatics technology has made it possible to integrate, manipulate, and analyze variables from a wide range of scientific disciplines allowing for the examination of complex social problems such as health disparities. This study used 589 county-level variables to identify and compare geographical variation of high and low preterm birth rates. Data were collected from a number of publically available sources, bringing together natality outcomes with attributes of the natural, built, social, and policy environments. Singleton early premature county birth rate, in counties with population size over 100,000 persons provided the dependent variable. Graph theoretical techniques were used to identify a wide range of predictor variables from various domains, including black proportion, obesity and diabetes, sexually transmitted infection rates, mother’s age, income, marriage rates, pollution and temperature among others. Dense subgraphs (paracliques representing groups of highly correlated variables were resolved into latent factors, which were then used to build a regression model explaining prematurity (R-squared = 76.7%. Two lists of counties with large positive and large negative residuals, indicating unusual prematurity rates given their circumstances, may serve as a starting point for ways to intervene and reduce health disparities for preterm births.

  3. On the Determinants of Equity International Risk Premium: Are Emerging Zones Different?

    OpenAIRE

    Khaled Guesmi; Ilyes Abid; Mohamed Hedi Arouri; Frédéric Teulon

    2013-01-01

    This article contributes to the financial literature by investigating the formation of the international stock risk premium in emerging market zones. Our results from the estimation of a dynamic augmented capital asset pricing model show that the currency risk premium is the most important component of the total premium followed by the global market premium. As for the regional risk, our findings show that it is significantly priced for all studied emerging regions but its contribution to the...

  4. Scientific papers presented at the European Congress of Radiology 2000: publication rates and characteristics during the period 2000-2004

    Energy Technology Data Exchange (ETDEWEB)

    Miguel-Dasit, Alberto [La Plana de Vila-Real Hospital, Resonancia Magnetica Section, Castellon (Spain); Marti-Bonmati, Luis [Hospital Universitario Doctor Peset, Resonancia Magnetica, Servicio de Radiologia, Valencia (Spain); Sanfeliu, Pilar [Cardenal Herrera-CEU University, Valencia (Spain); Aleixandre, Rafael [University of Valencia-CSIC, Institute of History of Science and Documentation Lopez Pinero, Valencia (Spain)

    2006-02-01

    To determine the rate at which abstracts orally presented at the ECR 2000 were published between 2000-2004, and to identify predictive factors of publication and differences between abstracts and subsequently published papers. Specific search profiles were devised to retrieve items from the Medline database. From 1020 abstracts originating from 39 countries, 479 articles (publication rate 47%) were subsequently published in 139 Medline-indexed journals, most frequently in European Radiology (14%). Country of origin statistically (P<0.0001) influences the subsequent publication of the abstract, Germany having the highest number of presentations (n=343) and derived articles (publication rate 54%). Abstracts presented by authors from the USA (n=21) had the highest publication rate (76%). Most papers were published within the first 3 years after the meeting, as original articles and in English-language journals. Both the study sample size and the first author frequently changed. Chest and cardiac studies had the highest publication rates (56%, both). In summary, abstracts presented at the ECR 2000 had a high publication rate in Medline-indexed journals. Country of origin and subspecialty of presentation appeared to influence subsequent full publication. More articles were published in European Radiology than in other journal. (orig.)

  5. Estimation of insurance premiums for coverage against natural disaster risk: an application of Bayesian Inference

    Directory of Open Access Journals (Sweden)

    Y. Paudel

    2013-03-01

    Full Text Available This study applies Bayesian Inference to estimate flood risk for 53 dyke ring areas in the Netherlands, and focuses particularly on the data scarcity and extreme behaviour of catastrophe risk. The probability density curves of flood damage are estimated through Monte Carlo simulations. Based on these results, flood insurance premiums are estimated using two different practical methods that each account in different ways for an insurer's risk aversion and the dispersion rate of loss data. This study is of practical relevance because insurers have been considering the introduction of flood insurance in the Netherlands, which is currently not generally available.

  6. Trend and forecasting rate of cancer deaths at a public university hospital using univariate modeling

    Science.gov (United States)

    Ismail, A.; Hassan, Noor I.

    2013-09-01

    Cancer is one of the principal causes of death in Malaysia. This study was performed to determine the pattern of rate of cancer deaths at a public hospital in Malaysia over an 11 year period from year 2001 to 2011, to determine the best fitted model of forecasting the rate of cancer deaths using Univariate Modeling and to forecast the rates for the next two years (2012 to 2013). The medical records of the death of patients with cancer admitted at this Hospital over 11 year's period were reviewed, with a total of 663 cases. The cancers were classified according to 10th Revision International Classification of Diseases (ICD-10). Data collected include socio-demographic background of patients such as registration number, age, gender, ethnicity, ward and diagnosis. Data entry and analysis was accomplished using SPSS 19.0 and Minitab 16.0. The five Univariate Models used were Naïve with Trend Model, Average Percent Change Model (ACPM), Single Exponential Smoothing, Double Exponential Smoothing and Holt's Method. The overall 11 years rate of cancer deaths showed that at this hospital, Malay patients have the highest percentage (88.10%) compared to other ethnic groups with males (51.30%) higher than females. Lung and breast cancer have the most number of cancer deaths among gender. About 29.60% of the patients who died due to cancer were aged 61 years old and above. The best Univariate Model used for forecasting the rate of cancer deaths is Single Exponential Smoothing Technique with alpha of 0.10. The forecast for the rate of cancer deaths shows a horizontally or flat value. The forecasted mortality trend remains at 6.84% from January 2012 to December 2013. All the government and private sectors and non-governmental organizations need to highlight issues on cancer especially lung and breast cancers to the public through campaigns using mass media, media electronics, posters and pamphlets in the attempt to decrease the rate of cancer deaths in Malaysia.

  7. 26 CFR 1.264-2 - Single premium life insurance, endowment, or annuity contracts.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 3 2010-04-01 2010-04-01 false Single premium life insurance, endowment, or..., directly or indirectly, to purchase or to continue in effect a single premium life insurance or endowment... payee of such annuity contract. A contract is considered a single premium life insurance, endowment,...

  8. 38 CFR 8.5 - Authorization for deduction of premiums from compensation, retirement pay, or pension.

    Science.gov (United States)

    2010-07-01

    ... deduction of premiums from compensation, retirement pay, or pension. 8.5 Section 8.5 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS NATIONAL SERVICE LIFE INSURANCE Premiums § 8.5 Authorization for deduction of premiums from compensation, retirement pay, or pension. Deductions from...

  9. 38 CFR 8.4 - Deduction of insurance premiums from compensation, retirement pay, or pension.

    Science.gov (United States)

    2010-07-01

    ...' Relief DEPARTMENT OF VETERANS AFFAIRS NATIONAL SERVICE LIFE INSURANCE Premiums § 8.4 Deduction of insurance premiums from compensation, retirement pay, or pension. The insured under a National Service life insurance policy which is not lapsed may authorize the monthly deduction of premiums from...

  10. Mating motives are neither necessary nor sufficient to create the beauty premium.

    Science.gov (United States)

    Hafenbrädl, Sebastian; Dana, Jason

    2017-01-01

    Mating motives lead decision makers to favor attractive people, but this favoritism is not sufficient to create a beauty premium in competitive settings. Further, economic approaches to discrimination, when correctly characterized, could neatly accommodate the experimental and field evidence of a beauty premium. Connecting labor economics and evolutionary psychology is laudable, but mating motives do not explain the beauty premium.

  11. 5 CFR 892.102 - What is premium conversion and how does it work?

    Science.gov (United States)

    2010-01-01

    ... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false What is premium conversion and how does it work? 892.102 Section 892.102 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED... PREMIUMS Administration and General Provisions § 892.102 What is premium conversion and how does it...

  12. The impact of instant reward programs and bonus premiums on consumer purchase behavior

    NARCIS (Netherlands)

    Minnema, Alec; Bijmolt, Tammo H. A.; Non, Marielle C.

    2017-01-01

    This study examines the impact of an instant reward program (IRP) with bonus premiums on consumer purchase behavior. An IRP is a rapidly growing form of short-term program that rewards consumers instantly with small premiums per fixed spending, where these premiums are part of a larger set of collec

  13. 46 CFR 308.547 - Application for return premium, Form MA-317.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Application for return premium, Form MA-317. 308.547... for return premium, Form MA-317. An application for the return of premium must be filed in duplicate with the Underwriting Agent on Form MA-317, which may be obtained from the American War Risk Agency...

  14. 46 CFR 308.527 - Application for return premium, Form MA-307.

    Science.gov (United States)

    2010-10-01

    ... 46 Shipping 8 2010-10-01 2010-10-01 false Application for return premium, Form MA-307. 308.527... for return premium, Form MA-307. An application for the return of premium, which may be obtained from... MA-307....

  15. 14 CFR 198.15 - Non-premium insurance-payment of registration binders.

    Science.gov (United States)

    2010-01-01

    ... OF TRANSPORTATION (CONTINUED) WAR RISK INSURANCE AVIATION INSURANCE § 198.15 Non-premium insurance... 14 Aeronautics and Space 3 2010-01-01 2010-01-01 false Non-premium insurance-payment of...-premium insurance must be accompanied by the proper binder, payable to the FAA. A binder is not...

  16. 26 CFR 1.803-6 - Amortization of premium and accrual of discount.

    Science.gov (United States)

    2010-04-01

    ... (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Life Insurance Companies § 1.803-6 Amortization of premium... company. A life insurance company which adjusts amortization of premium or accrual of discount with... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Amortization of premium and accrual of...

  17. 78 FR 58290 - TRICARE; Calendar Year 2014 TRICARE Young Adult Program Premium Update

    Science.gov (United States)

    2013-09-23

    ... of the Secretary TRICARE; Calendar Year 2014 TRICARE Young Adult Program Premium Update AGENCY: Office of the Secretary of Defense, DoD. ACTION: Notice of Updated TRICARE Young Adult Premiums for Calendar Year 2014. SUMMARY: This notice provides the updated TRICARE Young Adult program premiums...

  18. 24 CFR 203.462 - Pro rata payment of premium before termination.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata payment of premium before... Pro rata payment of premium before termination. No contract of insurance shall be terminated until the lender has paid to the Commissioner the pro rata portion of the current annual insurance premium....

  19. The impact of instant reward programs and bonus premiums on consumer purchase behavior

    NARCIS (Netherlands)

    Minnema, Alec; Bijmolt, Tammo H. A.; Non, Marielle C.

    This study examines the impact of an instant reward program (IRP) with bonus premiums on consumer purchase behavior. An IRP is a rapidly growing form of short-term program that rewards consumers instantly with small premiums per fixed spending, where these premiums are part of a larger set of

  20. Publication rates of abstracts presented at pediatric orthopaedic society of North America meetings between 2002 and 2006.

    Science.gov (United States)

    Amirhamzeh, Daniel; Moor, Molly A; Baldwin, Keith; Hosalkar, Harish S

    2012-03-01

    Earlier studies have indicated that across medical specialties, the overall publication rate of submitted manuscripts ranges from 36% to 66%. However, there have not been any recent studies conducted concerning the publication rates specifically for the Pediatric Orthopaedic Society of North America (POSNA). Consequently, the purpose of our study was to determine the overall publication rates of abstracts presented during the POSNA annual meetings, and whether there were differences in publication rates and time to publication according to type of presentation (podium vs. poster), journal, and orthopaedic subspecialty. A comprehensive literature search using PubMed and Google Scholar for all abstracts (including podiums, posters, and e-posters) presented at the 2002 to 2006 POSNA annual meetings was performed. Abstracts were classified according to presentation type: podium, poster, or e-posters, and were subsequently categorized into a specific orthopaedic subspecialty: basic science, hip, lower extremities, spine, trauma, and upper extremity. A total of 762 abstracts were presented at POSNA meetings between the years of 2002 and 2006. Of these 762 abstracts, 386 (50.7%) were published in peer-reviewed literature. There was no significant variation in the yearly publication percentage rate between 2002 and 2006 (P=0.63). However, overall time between presentation at POSNA and publication in a peer-reviewed journal varied significantly by year (P=0.002), with the average time to publication being 29 months in 2002, compared with 18.8 months in 2006. Time to publication also varied significantly by journal (P=0.025). For the combined years of 2002 to 2006, podiums were 1.47 times (95% confidence interval, 1.10-1.98) more likely to be published compared with posters (P=0.009). When abstracts were stratified by subspecialty (trauma, spine, hip, basic science, lower extremity, and upper extremity), there was no difference in publication rate between each group (P=0

  1. Student Rating of Teaching Behaviour of Chemistry Teachers in Public Secondary Schools in Ekiti State

    Directory of Open Access Journals (Sweden)

    Oluwatayo James Ayodele

    2013-07-01

    Full Text Available The study investigated student-rating of teaching behaviour of Chemistry teachers in public secondary schools in EkitiState. Participants were 750 SS II Chemistry students (Male=375, Female=375 selected from 75 schools across the 16 local government areas of Ekiti State based on purposive and stratified random sampling techniques. Data were collected using a 30-item Teaching Behaviour Questionnaire (TBQ clustered into seven categories (CATi=1,2,3,… ranging from attendance and punctuality in class to evaluation of students’ work. Each item was rated on a five-point scale namely: excellent=5; very good=4; good=3; fair=2 and poor=1, with reliability coefficient=0.713 using Cronbach-α and analysed using means, standard deviations, item-total correlations and t-test tested at 0.05 level of significance. Results showed that the teaching behaviour of Chemistry teachers was good; the rating was statistically reliable and devoid of gender bias. It was recommended that teachers should justify the rating ascribed to their teaching behaviour by improving on their pedagogical skills to enhance better learning and performance of students in Chemistry.

  2. Continuously variable rating: a new, simple and logical procedure to evaluate original scientific publications

    Directory of Open Access Journals (Sweden)

    Mauricio Rocha e Silva

    2011-01-01

    Full Text Available OBJECTIVE: Impact Factors (IF are widely used surrogates to evaluate single articles, in spite of known shortcomings imposed by cite distribution skewness. We quantify this asymmetry and propose a simple computer-based procedure for evaluating individual articles. METHOD: (a Analysis of symmetry. Journals clustered around nine Impact Factor points were selected from the medical ‘‘Subject Categories’’ in Journal Citation Reports 2010. Citable items published in 2008 were retrieved and ranked by granted citations over the Jan/2008 - Jun/2011 period. Frequency distribution of cites, normalized cumulative cites and absolute cites/decile were determined for each journal cluster. (b Positive Predictive Value. Three arbitrarily established evaluation classes were generated: LOW (1.33.9. Positive Predictive Value for journal clusters within each class range was estimated. (c Continuously Variable Rating. An alternative evaluation procedure is proposed to allow the rating of individually published articles in comparison to all articles published in the same journal within the same year of publication. The general guiding lines for the construction of a totally dedicated software program are delineated. RESULTS AND CONCLUSIONS: Skewness followed the Pareto Distribution for (1Rating is shown to be a simple computer based procedure capable of accurately providing a valid rating for each article within the journal and time frame in which it was published.

  3. 77 FR 41270 - Health Insurance Premium Tax Credit

    Science.gov (United States)

    2012-07-13

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Parts 1 and 602 RIN 1545-BJ82 Health Insurance Premium Tax Credit Correction In rule document 2012-12421 appearing on pages 30377-30400 in the issue of Wednesday, May 23, 2012...

  4. Interdependence of life insurance service quality and premium

    Directory of Open Access Journals (Sweden)

    Dragan Benazić

    2006-12-01

    Full Text Available Insurance companies in Croatia feel the need to find new sources of competitive advantage on the Croatian life insurance market amid increasing competition and a poorly profiled offer of life insurance services. Lately, both marketing literature and practice seem to point to the shaping of a relationship between service quality and price as a possible solution to improving the position of insurance companies on the Croatian market. In providing life insurance services, the insurance companies should focus on the quality elements that offer certain benefits a client is willing to pay for. Changes in individual quality features have been evaluated differently by clients. Such differences in their evaluation of changes in the individual elements of service quality also reflect the willingness of clients to pay a suitable increase on their insurance premium. Improvements in the service quality features that are subjectively evaluated as important should lead to the client’s acceptance of a higher life insurance premium. The paper considers the interdependence between the quality of life insurance services and the premium from the aspect of the client’s willingness to pay a higher life insurance premium for a higher service quality.

  5. 26 CFR 1.848-2 - Determination of net premiums.

    Science.gov (United States)

    2010-04-01

    ... equals the amount which bears the same ratio to the capitalization shortfall as the required...) Retired lives reserves. Premiums received by an insurance company under a retired lives reserve... approximated by using the interpolated terminal reserve of the original contract as of the date of the...

  6. Just My Imagination: Beauty premium and the evolved mental model.

    Science.gov (United States)

    Oda, Ryo

    2017-01-01

    Imagination, an important feature of the human mind, may be at the root of the beauty premium. The evolved human capacity for simulating the real world, developed as an adaptation to a complex social environment, may offer the key to understanding this and many other aspects of human behavior.

  7. Premium small car demand,not rising in China

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    <正>A growing number of worldwide car makers are focusing on making premium or luxury small cars. These cars ensure sales income, stabilize their market share and they are a good reflection of a civic-oriented society. But why these kinds of cars are unable to create market demand in China where resources supply is tougher than in most countries.

  8. Voluntary Public Unemployment Insurance

    DEFF Research Database (Denmark)

    O. Parsons, Donald; Tranæs, Torben; Bie Lilleør, Helene

    Denmark has drawn much attention for its active labor market policies, but is almost unique in offering a voluntary public unemployment insurance program requiring a significant premium payment. A safety net program – a less generous, means-tested social assistance plan – completes the system...

  9. 7 CFR 1786.207 - Prepayment premium.

    Science.gov (United States)

    2010-01-01

    ... discounted at a rate equal to the then current cost of funds to the Department of the Treasury for... interest rate on the loan were equal to the then current cost of funds to the Department of the...

  10. Direct tests of the expectations theory of the term structure: Survey expectations, the term premium and coefficient biases

    OpenAIRE

    Smant, David / D.J.C.

    2010-01-01

    A common perception in the literature seems to be that the expectations theory of the term structure of interest rates (ET) is rejected by the empirical tests. However, the overall evidence across countries and time periods is actually mixed between frequent support and occasional rejection of the ET and requires careful interpretation. This paper builds on two premises. First, the general version of the expectations theory does not require a constant term premium. Second, contrary to the cla...

  11. Comparative analysis of morbidity rate in adolescents studied in different types of public educational institutions

    Directory of Open Access Journals (Sweden)

    Nizom Ermatov

    2011-03-01

    Full Text Available Common morbidity rate of adolescents aged from 15 to 18 years has been simultaneously estimated based on their appeals data to the polyclinics. These adolescents studied in public elementary schools and lyceums at medical high educational institutions of Tashkent city. Incidence was in 1.2-1.8 times higher among lyceum students than schoolchildren, while the structure of diseases was similar. The more important factors of morbidity in elementary schools and lyceums include iodine-deficiency, nonspecific respiratory diseases, iron-deficient anemia, gastritis, skin and subcutaneous tissue illnesses. These disease characteristics of in elementary schools and lyceums should be considered when organizing recreational activities, in particular, during improving physical education and optimization of learning environment.

  12. Can the NICE "end-of-life premium" be given a coherent ethical justification?

    Science.gov (United States)

    Cookson, Richard

    2013-12-01

    In 2009 the UK National Institute for Health and Clinical Excellence (NICE) announced that its health technology appraisal committees would henceforth give special additional weight to health gains from life-extending end-of-life treatments. This was a response to mounting concern from NICE's stakeholders that effective new drugs for end-stage cancer often fail NICE's standard test of cost effectiveness. This change of policy may be justifiable on procedural grounds as the result of a democratic political process responding to stakeholder concerns. However, according to the "accountability for reasonableness" framework proposed by the philosopher Norman Daniels and endorsed by NICE, there also needs to be transparency about the substantive ethical grounds for public health care resource allocation decisions. In that spirit, I analyze eleven potentially relevant justifications for the NICE "end-of-life premium," drawn from the economics and philosophy literature: (1) rule of rescue, (2) fair chances, (3) ex post willingness to pay, (4) caring externality, (5) financial protection, (6) symbolic value, (7) diminishing marginal value of future life years, (8) concentration of benefits, (9) dread, (10) time to set your affairs in order, and (11) severity of illness. I conclude that none of them yields a coherent ethical justification for the NICE end-of-life premium.

  13. Heterogeneous Beliefs, Public Information, and Option Markets

    DEFF Research Database (Denmark)

    Qin, Zhenjiang

    In an incomplete market setting with heterogeneous prior beliefs, I show that public information and strike price of option have substantial infl‡uence on asset pricing in option markets, by investigating an absolute option pricing model with negative exponential utility investors and normally di...... with intermediate strike price, the highest efficiency of side-betting is achieved, re‡ected by a unique maximum point of the ex ante equilibrium interest rate. The public signal precision affects ex ante equilibrium risk premium only via its relationship with option.......In an incomplete market setting with heterogeneous prior beliefs, I show that public information and strike price of option have substantial infl‡uence on asset pricing in option markets, by investigating an absolute option pricing model with negative exponential utility investors and normally...

  14. Native, discount, or premium brand cigarettes: what types of cigarettes are Canadian youth currently smoking?

    Science.gov (United States)

    Elton-Marshall, Tara; Leatherdale, Scott T; Burkhalter, Robin

    2013-02-01

    The objective of the study was to determine the brand distribution of premium, discount, and native cigarette brands and to identify the factors associated with smoking these brands among a nationally representative sample of Canadian youth smokers. Data from 3,137 current smokers in Grades 9-12 participating in the 2008-2009 Youth Smoking Survey (YSS) were used to examine the prevalence and factors associated with different cigarette brand preferences. The most prevalent brand of cigarette smoked was premium cigarettes (44.7%), followed by discount cigarettes (33.7%), and to be native cigarettes (7.3%). There was significant variability in brand preference by province with the majority of youth in Atlantic Canada and Quebec smoking a discount brand of cigarettes and higher prevalence rates of native cigarette use in Ontario and Quebec. Respondents were more likely to smoke discount cigarettes if they were female, daily smokers, or if they only had $1-20 a week in spending money. Respondents were more likely to smoke native cigarettes if they were Aboriginal, heavier smokers, or if they reported having no weekly spending money. A significant proportion of students from Grade 9 to 12 in Canada smoke cigarettes that are more affordable than premium brands and it appears that the market share for these more affordable cigarette options has increased in recent years. Given that the price of cigarettes is an important determinant in youth smoking behavior, it is critical to develop and continue to enforce tobacco control strategies designed to eliminate access to cheaper sources of cigarettes among youth populations.

  15. Optimal-Rate Coding Theorem For Adversarial Networks in the Public-Key Setting

    CERN Document Server

    Amir, Yair; Ostrovksy, Rafail

    2008-01-01

    In this paper, we establish an optimal-rate (interactive) coding theorem in the public-key setting for synchronous networks in the presence of a malicious poly-time adversary for dynamically changing networks. Namely, even if the majority of the nodes are controlled by a malicious adversary and the topology of the network is changing at each round, then as long as there is some path of non-corrupted nodes connecting the sender and receiver at each round (though this path may change at every round) we construct a protocol with bounded memory per processor that achieves optimal transfer rate and negligible decoding error. This protocol will transmit polynomially many messages of polynomial size with constant overhead per bit. We stress that our protocol assumes no knowledge of which nodes are corrupted nor which path is reliable at any round. Our interactive coding theorem states that our protocol cannot be affected in a meaningful way by any polynomial-time malicious adversary whose goal is to disrupt and dest...

  16. [Publication rates of audiology master and doctoral theses in peer-reviewed journals].

    Science.gov (United States)

    Çelikgün, Bahtiyar; Derinsu, Ufuk; Çiprut, A Ayça; Torun, Merve; Kalcıoğlu, M Tayyar

    2016-01-01

    Theses are the prime indicators of the scientific productivity of a country and one of the main and strongest resources for the emergence of scientific articles. This study aims to examine, by using the survey method, how many of the audiology master and/or doctoral theses in Turkey were turned into a scientific work. Individuals who received a master's degree in audiology were surveyed whether their theses had been reviewed as a paper or publication. Forty-five of the 230 audiology specialists and 22 audiologists with a doctorate degree working in Turkey participated in the study by answering the survey questions. In general, while 45.4% of master theses were presented orally or as a poster presentation in a national convention, 20.4% were presented orally or as a poster presentation in an international convention. While 18.1% of theses were published as an article in a national journal, 15.9% were published as an article in an international SCI or SCI-E journal. The distribution of the doctoral theses is 26.6%, 33.3%, 13.3% and 26.6%, respectively. We found the rate of theses in audiology turning into a scientific article to be below the desired level, as in other fields. The reasons for this should be emphasized and efforts should be made to raise these rates to the desired level.

  17. CREAT A CONSORTIUM AND DEVELOP PREMIUM CARBON PRODUCTS FROM COAL

    Energy Technology Data Exchange (ETDEWEB)

    John M. Andresen

    2003-08-01

    The Consortium for Premium Carbon Products from Coal, with funding from the U.S. Department of Energy's National Energy Technology Laboratory and matching funds from industry and academic institutions continued to excel in developing innovative technologies to use coal and coal-derived feedstocks to produce premium carbon product. During Budget Period 5, eleven projects were supported and sub-contracted were awarded to seven organizations. The CPCPC held two meetings and one tutorial at various locations during the year. Budget Period 5 was a time of growth for CPCPC in terms of number of proposals and funding requested from members, projects funded and participation during meetings. Although the membership was stable during the first part of Budget Period 5 an increase in new members was registered during the last months of the performance period.

  18. On asset pricing and the equity premium puzzle

    OpenAIRE

    2000-01-01

    This thesis was submitted for the degree of Doctor of Philosophy and awarded by Brunel University. Presented here are consumption and production related asset pricing models which seek to explain stock market behaviour through the stock premium over risk-free bonds and to do so using parameter values consistent with theory. Our results show that there are models capable of explaining stock market behaviour. For the consumption-based model, we avoid many of the suggestions to artificiall...

  19. The Value Premium on the Danish Stock Market

    DEFF Research Database (Denmark)

    Risager, Ole

    2005-01-01

    A number of influential studies have documented a strong value premium for US stocks over the period 1963 to 1990 (Fama and French (1992), Lakonishok et al. (1994)). Stocks with low price-earnings multiples, price-book values and other measures of value are reported to have given a higher mean re......,98)) or mispricing as emphasized by the Behavioral Finance School (Chan et al. (2000), Lakonishok et al. (1994) and La Porta et al. (1997))....

  20. Stock Market Integration: Are Risk Premiums of International Assets Equal?

    Directory of Open Access Journals (Sweden)

    Kusdhianto Setiawan

    2014-02-01

    Full Text Available This paper studies previous research on capital market integration and applies a simple international capital asset pricing model by considering the incompleteness in market integration and heteroscedasticity of the market returns. When we disregarded those two factors, we found that stock markets were integrated and the law of one price on risk premiums prevails. However, when the factors were considered, the markets were just partially integrated.

  1. Global Variance Risk Premium and Forex Return Predictability

    OpenAIRE

    Aloosh, Arash

    2014-01-01

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

  2. Global Variance Risk Premium and Forex Return Predictability

    OpenAIRE

    Aloosh, Arash

    2014-01-01

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

  3. Engineering Development of Advanced Physical Fine Coal Cleaning for Premium Fuel Applications

    Energy Technology Data Exchange (ETDEWEB)

    Smit, Frank J; Schields, Gene L; Jha, Mehesh C; Moro, Nick

    1997-09-26

    The ash in six common bituminous coals, Taggart, Winifrede, Elkhorn No. 3, Indiana VII, Sunnyside and Hiawatha, could be liberated by fine grinding to allow preparation of clean coal meeting premium fuel specifications (< 1- 2 lb/ MBtu ash and <0.6 lb/ MBtu sulfur) by laboratory and bench- scale column flotation or selective agglomeration. Over 2,100 tons of coal were cleaned in the PDU at feed rates between 2,500 and 6,000 lb/ h by Microcel™ column flotation and by selective agglomeration using recycled heptane as the bridging liquid. Parametric testing of each process and 72- hr productions runs were completed on each of the three test coals. The following results were achieved after optimization of the operating parameters: The primary objective was to develop the design base for commercial fine coal cleaning facilities for producing ultra- clean coals which can be converted into coal-water slurry premium fuel. The coal cleaning technologies to be developed were advanced column flotation and selective agglomeration, and the goal was to produce fuel meeting the following specifications.

  4. Premium subsidies, the mandate, and Medicaid expansion: Coverage effects of the Affordable Care Act.

    Science.gov (United States)

    Frean, Molly; Gruber, Jonathan; Sommers, Benjamin D

    2017-05-01

    Using premium subsidies for private coverage, an individual mandate, and Medicaid expansion, the Affordable Care Act (ACA) has increased insurance coverage. We provide the first comprehensive assessment of these provisions' effects, using the 2012-2015 American Community Survey and a triple-difference estimation strategy that exploits variation by income, geography, and time. Overall, our model explains 60% of the coverage gains in 2014-2015. We find that coverage was moderately responsive to price subsidies, with larger gains in state-based insurance exchanges than the federal exchange. The individual mandate's exemptions and penalties had little impact on coverage rates. The law increased Medicaid among individuals gaining eligibility under the ACA and among previously-eligible populations ("woodwork effect") even in non-expansion states, with no resulting reductions in private insurance. Overall, exchange premium subsidies produced 40% of the coverage gains explained by our ACA policy measures, and Medicaid the other 60%, of which 1/2 occurred among previously-eligible individuals. Copyright © 2017 Elsevier B.V. All rights reserved.

  5. Public reporting of hospital infection rates: ranking the states on credibility and user friendliness.

    Science.gov (United States)

    Amini, Ava; Birnbaum, David W; Black, Bernard; Hyman, David A

    2013-01-01

    Health-care associated infections ("HAIs") kill about 100,000 people annually; most are preventable, but many hospitals have not aggressively addressed the problem. In response, twenty-five states and the U.S. Department of Health and Human Services require public reporting of hospital infection rates for at least some types of infections, and other states and private entities are implementing such reporting. The websites and related reports vary widely in ease of access, ease of use, usefulness of information, timeliness of updates, and credibility. We report on work in progress, in which we assess the quality and suitability of different state websites and reports for different target audiences (ordinary consumers; physicians, and infection control professionals) and the extent to which they meet best practices for online communication, including Stanford's "Fogg" Guidelines for Web Credibility and user-friendliness metrics developed by other researchers. We find wide variation in quality, and substantial correlation between measures of website credibility and user-friendliness. We identify ways to improve usability, usefulness, and tailoring for information to different target audiences. Our analysis suggests that the "one website (and report format) fits all users" model may not work well in delivering complex, technical information to users with widely varying needs and sophistication.

  6. The VIMOS Public Extragalactic Redshift Survey: Measuring the growth rate of structure around cosmic voids

    CERN Document Server

    Hawken, A J; Iovino, A; Guzzo, L; Peacock, J A; de la Torre, S; Garilli, B; Bolzonella, M; Scodeggio, M; Abbas, U; Adami, C; Bottini, D; Cappi, A; Cucciati, O; Davidzon, I; Fritz, A; Franzetti, P; Krywult, J; Brun, V Le; Fevre, O Le; Maccagni, D; Małek, K; Marulli, F; Polletta, M; Pollo, A; Tasca, L A M; Tojeiro, R; Vergani, D; Zanichelli, A; Arnouts, S; Bel, J; Branchini, E; De Lucia, G; Ilbert, O; Moscardini, L; Percival, W J

    2016-01-01

    We identified voids in the completed VIMOS Public Extragalactic Redshift Survey (VIPERS), using an algorithm based on searching for empty spheres. We measured the cross-correlation between the centres of voids and the complete galaxy catalogue. The cross-correlation function exhibits a clear anisotropy in both VIPERS fields (W1 and W4), which is characteristic of linear redshift space distortions. By measuring the projected cross-correlation and then deprojecting it we are able to estimate the undistorted cross-correlation function. We propose that given a sufficiently well measured cross-correlation function one should be able to measure the linear growth rate of structure by applying a simple linear Gaussian streaming model for the redshift space distortions (RSD). Our study of voids in 306 mock galaxy catalogues mimicking the VIPERS fields would suggest that VIPERS is capable of measuring $\\beta$ with an error of around $25\\%$. Applying our method to the VIPERS data, we find a value for the redshift space ...

  7. The Credibility Models for Exponential Premium Principle Based Equal Correlation Structure%基于相关性的指数保费原理下的信度模型

    Institute of Scientific and Technical Information of China (English)

    张戈; 张强

    2015-01-01

    随着险种的不断增多,经验费率厘定在非寿险中有着广泛的应用,在经典信度理论的指导下,指数保费原理下信度模型成为一种重要的研究方法。通常纯保费包含于信度保费估计范畴中,但在应用时的纯保费不仅仅指的是实际收取的保险费,这就需要发挥安全负荷保费原理作用。本研究基于指数保费原理,对误差、考虑风险等相关的多合同信度模型进行探究。这一结果推广了考虑单一相关性条件下得到的信度保费。%In recent years ,the type of insurance is continuously increasing ,experience rate determi‐nation in non life insurance has a wide range of applications ,under the guidance of classical reliability theory ,the reliability model is an important research method in the principle of index premium .Usually pure premium is included in the credit premium estimates ,but in the application of pure premium is not only refers to the actual collection of insurance premiums ,it requires apply the principle of safety load premium .This study is based on the principle of the index premium ,explore the reliability model of multi contract ,which is related to the error and the consideration of the risk ,etc .This result is extend‐ed to the credibility premium to account for an equal correlation structure over risks or errors .

  8. The rate of growth in scientific publication and the decline in coverage provided by Science Citation Index.

    Science.gov (United States)

    Larsen, Peder Olesen; von Ins, Markus

    2010-09-01

    The growth rate of scientific publication has been studied from 1907 to 2007 using available data from a number of literature databases, including Science Citation Index (SCI) and Social Sciences Citation Index (SSCI). Traditional scientific publishing, that is publication in peer-reviewed journals, is still increasing although there are big differences between fields. There are no indications that the growth rate has decreased in the last 50 years. At the same time publication using new channels, for example conference proceedings, open archives and home pages, is growing fast. The growth rate for SCI up to 2007 is smaller than for comparable databases. This means that SCI was covering a decreasing part of the traditional scientific literature. There are also clear indications that the coverage by SCI is especially low in some of the scientific areas with the highest growth rate, including computer science and engineering sciences. The role of conference proceedings, open access archives and publications published on the net is increasing, especially in scientific fields with high growth rates, but this has only partially been reflected in the databases. The new publication channels challenge the use of the big databases in measurements of scientific productivity or output and of the growth rate of science. Because of the declining coverage and this challenge it is problematic that SCI has been used and is used as the dominant source for science indicators based on publication and citation numbers. The limited data available for social sciences show that the growth rate in SSCI was remarkably low and indicate that the coverage by SSCI was declining over time. National Science Indicators from Thomson Reuters is based solely on SCI, SSCI and Arts and Humanities Citation Index (AHCI). Therefore the declining coverage of the citation databases problematizes the use of this source.

  9. Fate of abstracts presented at a National Turkish Orthopedics and Traumatology Congress: publication rates and consistency of abstracts compared with their subsequent full-text publications.

    Science.gov (United States)

    Yalçınkaya, Merter; Bagatur, Erdem

    2013-01-01

    The aim of this study was to evaluate the publication rates of full-text articles after presentation of abstracts at a Turkish National Orthopaedics and Traumatology Congress, determine the time lag from the congress date to publication of full-text articles and assess the consistency between abstracts and the subsequent publications. All abstracts from the scientific program of the 20th Turkish National Orthopaedics and Traumatology Congress (2007) were identified and computerized PubMed searches were conducted to determine whether an abstract had been followed by publication of a full-text article and key features were compared to evaluate their consistency. The time lag to publication and the impact factors of the journals where the articles were published were noted. Of the 770 abstracts (264 oral, 506 poster presentations), 227 (29.5%) were followed by a full-text and 116 (44%) of the 264 oral and 111 (22%) of the 506 poster presentations were published. The mean time to publication was 14.9±16.075 (range: 33 to 55) months. Thirty-three (14.5%) were published prior to the presentation at the congress. The likelihood of publication decreased after the third year (26 of 227, 11.5%). A total of 182 (80.2%) articles showed inconsistencies with the abstract; 74 (32.6%) minor, 14 (6.2%) major, and 94 (41.4%) minor and major inconsistencies. The mean impact factor of the journals was 1.152±0.858. The vast majority of abstracts presented at this congress were not followed by publication of a full-text article. Additionally, frequent inconsistencies between the final published article and the original abstract indicated the inadequacy of quality of reporting in abstracts.

  10. The public sector on the PETROBRAS performance: analysis using ratings; A importancia do setor publico brasileiro na performance da PETROBRAS: analise usando ratings

    Energy Technology Data Exchange (ETDEWEB)

    Bone, Rosemarie Broeker [Universidade Federal do Rio de Janeiro (UFRJ), RJ (Brazil). Dept. de Engenharia Industrial]. E-mails: rosebone@ind.ufrj.br; rosebone@terra.com.br

    2006-07-01

    Rating agencies have strong influence on the international financial market for both public and private debt. Host countries also have due influence on local enterprises, by means of the macro economic policy. In the case of default of sovereign debt or capital controls, domestic firms may have serious difficulties in meeting their obligations in foreign currency. This explained the so called sovereign ceiling to the corporate ratings. This explicit ceiling has been abandoned by the main rating agencies, as some corporations may have more means to meet their debt than sovereigns. Oil companies are a good example. This paper aims to explain the variables that help explain the Brazilian sovereign ratings and PETROBRAS ratings, using the ordered logit method, with emphasis on the factors that influenced the piercing of the severing ceiling by PETROBRAS in 2001. (author)

  11. Reduction in Clostridium difficile infection rates after mandatory hospital public reporting: findings from a longitudinal cohort study in Canada.

    Science.gov (United States)

    Daneman, Nick; Stukel, Therese A; Ma, Xiaomu; Vermeulen, Marian; Guttmann, Astrid

    2012-01-01

    The role of public reporting in improving hospital quality of care is controversial. Reporting of hospital-acquired infection rates has been introduced in multiple health care systems, but its relationship to infection rates has been understudied. Our objective was to determine whether mandatory public reporting by hospitals is associated with a reduction in hospital rates of Clostridium difficile infection. We conducted a longitudinal, population-based cohort study in Ontario (Canada's largest province) between April 1, 2002, and March 31, 2010. We included all patients (>1 y old) admitted to 180 acute care hospitals. Using Poisson regression, we developed a model to predict hospital- and age-specific monthly rates of C. difficile disease per 10,000 patient-days prior to introduction of public reporting on September 1, 2008. We then compared observed monthly rates of C. difficile infection in the post-intervention period with rates predicted by the pre-intervention predictive model. In the pre-intervention period there were 33,634 cases of C. difficile infection during 39,221,113 hospital days, with rates increasing from 7.01 per 10,000 patient-days in 2002 to 10.79 in 2007. In the first calendar year after the introduction of public reporting, there was a decline in observed rates of C. difficile colitis in Ontario to 8.92 cases per 10,000 patient-days, which was significantly lower than the predicted rate of 12.16 (95% CI 11.35-13.04) cases per 10,000 patient-days (ppublic reporting was associated with a 26.7% (95% CI 21.4%-31.6%) reduction in C. difficile cases, or a projected 1,970 cases averted per year (95% CI 1,476-2,500). The effect was specific to C. difficile, with rates of community-acquired gastrointestinal infections and urinary tract infections unchanged. A limitation of our study is that this observational study design cannot rule out the influence of unmeasured temporal confounders. Public reporting of hospital C. difficile rates was associated

  12. An Analysis of Exchange Rate Risk Exposure Related to the Public Debt Portfolio of Tunisia: Beyond VaR Approach

    OpenAIRE

    Omrane Samia

    2012-01-01

    The aim of this study is to assess the exchange rate risk associated with the Tunisian public debt portfolio through Value-at-Risk (VaR) methodology. We use daily spot exchange rates of the Tunisian dinar against the three main debt currencies, the dollar, the euro and the yen. Our period of interest is from 02/01/2004 to 31/12/2008. Thetas and Marginal VaR analysis reveal that Japanese yen is the most risky currency constituting the Tunisian public debt portfolio. American dollar appea...

  13. Using the Black Scholes method for estimating high cost illness insurance premiums in Colombia

    Directory of Open Access Journals (Sweden)

    Liliana Chicaíza

    2009-04-01

    Full Text Available This article applied the Black-Scholes option valuation formula to calculating high-cost illness reinsurance premiums in the Colombian health system. The coverage pattern used in reinsuring high-cost illnesses was replicated by means of a European call option contract. The option’s relevant variables and parameters were adapted to an insurance market context. The premium estimated by the BlackScholes method fell within the range of premiums estimated by the actuarial method.

  14. A Public Relations Nightmare: ACLU Class Action Lawsuit Exposes Inaccurate and Inequitable High School Graduation Rates

    Science.gov (United States)

    Watson, Terri N.; Brown, Kathleen M.

    2010-01-01

    Florida's decision to equate a GED to a high school diploma undermines the attempt of No Child Left Behind to close the achievement gap, while infringing on the public's trust. Public trust fosters a culture of systemic equity and social justice, which are necessary for academic excellence (Byrk & Schneider, 2003). Florida's code of ethics for…

  15. 77 FR 20650 - Proposed Extension of Information Collection Requests Submitted for Public Comment: Definition of...

    Science.gov (United States)

    2012-04-05

    ... in the group market from: ] Increasing the group premium or contribution amounts based on genetic... noncompliance will have no effect on eligibility for benefits or premium or contribution amounts. None of the... matter of public record. Dated: March 30, 2012. Joseph S. Piacentini, Director, Office of Policy...

  16. 78 FR 30333 - Proposed Extension of Information Collection Requests Submitted for Public Comment

    Science.gov (United States)

    2013-05-22

    ... health plan under title XXI of the SSA, in the form of premium assistance for the purchase of coverage... employee resides for premium assistance under Medicaid and CHIP for health coverage of the employee or the... a matter of public record. Dated: May 9, 2013. Joseph S. Piacentini, Director, Office of Policy...

  17. Is there time discounting for risk premium?

    Science.gov (United States)

    Shavit, Tal; Rosenboim, Mosi

    2015-03-01

    Individuals with a higher subjective discount rate concentrate more on the present and delay is more significant for them. However, when a risky asset is delayed, not only is the outcome delayed but also the risk. In this paper, we suggest a new, two-stage experimental method with real monetary incentives that allows us to distinguish between the effect of the risk and the effect of the time when pricing a risky asset. We show that when individuals have greater preference for the present, their risk aversion for a risky asset realized in the future decreases. We argue that the effect of the risk for future asset is lower for individuals with higher time preference because they discount not only the outcome but also the risks. © Society for the Experimental Analysis of Behavior.

  18. [The effect of public defense of a doctoral thesis on the heart rate of the doctoral candidate].

    Science.gov (United States)

    Kiljander, Toni; Toikka, Jyri; Koskenvuo, Juha; Jaakkola, Ilkka

    2011-01-01

    The effect of public defense of a doctoral thesis on the heart rate of the doctoral candidate Most doctoral candidates find the public defense of a doctoral thesis an exciting and stressful experience. In this study, Holter recording during the defense was made for four doctoral candidates of the Faculty of Medicine. Maximum heart rate among the subjects was on the average 172 beats/min with a median heart rate of 116 beats/min. Sympathicotonia and release of stress hormones associated with the defense raise the heart rate to levels that may be very high for several hours. This is a risk factor for a coronary event and should be considered, if the doctoral candidate has coronary heart disease, carries risk factors for coronary heart disease, or is an elderly person.

  19. The Possible Role of Resource Requirements and Academic Career-Choice Risk on Gender Differences in Publication Rate and Impact

    CERN Document Server

    Duch, Jordi; Sales-Pardo, Marta; Radicchi, Filippo; Otis, Shayna; Woodruff, Teresa K; Amaral, Luis A Nunes; 10.1371/journal.pone.0051332

    2012-01-01

    Many studies demonstrate that there is still a significant gender bias, especially at higher career levels, in many areas including science, technology, engineering, and mathematics (STEM). We investigated field-dependent, gender-specific effects of the selective pressures individuals experience as they pursue a career in academia within seven STEM disciplines. We built a unique database that comprises 437,787 publications authored by 4,292 faculty members at top United States research universities. Our analyses reveal that gender differences in publication rate and impact are discipline-specific. Our results also support two hypotheses. First, the widely-reported lower publication rates of female faculty are correlated with the amount of research resources typically needed in the discipline considered, and thus may be explained by the lower level of institutional support historically received by females. Second, in disciplines where pursuing an academic position incurs greater career risk, female faculty ten...

  20. An analysis of exchange rate risk exposure related to the public debt portfolio of Tunisia: Beyond VaR approach

    Directory of Open Access Journals (Sweden)

    Omrane Samia

    2012-01-01

    Full Text Available The aim of this study is to assess the exchange rate risk associated with the Tunisian public debt portfolio through Value-at-Risk (VaR methodology. We use daily spot exchange rates of the Tunisian dinar against the three main debt currencies, the dollar, the euro and the yen. Our period of interest is from 02/01/2004 to 31/12/2008. Thetas and Marginal VaR analysis reveal that Japanese yen is the most risky currency constituting the Tunisian public debt portfolio. American dollar appears as a source of risk for the Tunisian external debt but remains less risky than the yen, while, the euro constitutes a hedge currency for exchange risk management associated with the Tunisian public debt portfolio.

  1. Impact of External Technology Funding Programs for Public Libraries: A Study of LSTA, E-Rate, Gates, and Others.

    Science.gov (United States)

    Bertot, John Carlo; McClure, Charles R.; Ryan, Joe

    2002-01-01

    Describes external sources of funding for public libraries to establish and maintain their technology infrastructure, telecommunications services, and network-based resources and services. Highlights include LSTA (Library Services and Technology Act); the E-rate program; and the Bill and Melissa Gates Foundation U.S. Library Program. (LRW)

  2. Universal financial protection through National Health Insurance: a stakeholder analysis of the proposed one-time premium payment policy in Ghana.

    Science.gov (United States)

    Abiiro, Gilbert Abotisem; McIntyre, Di

    2013-05-01

    Extending coverage to the informal sector is a key challenge to achieving universal coverage through contributory health insurance schemes. Ghana introduced a mandatory National Health Insurance system in 2004 to provide financial protection for both the formal and informal sectors through a combination of taxes and annual premium payments. As part of its election promise in 2008, the current government (then in opposition) promised to make the payment of premiums 'one-time'. This has been a very controversial policy issue in Ghana. This study sought to contribute to assessing the feasibility of the proposed policy by exploring the understandings of various stakeholders on the policy, their interests or concerns, potential positions, power and influences on it, as well as the general prospects and challenges for its implementation. Data were gathered from a review of relevant documents in the public domain, 28 key informant interviews and six focus group discussions with key stakeholders in Accra and two other districts. The results show that there is a lot of confusion in stakeholders' understanding of the policy issue, and, because of the uncertainties surrounding it, most powerful stakeholders are yet to take clear positions on it. However, stakeholders raised concerns that revolved around issues such as: the meaning of a one-time premium within an insurance scheme context, the affordability of the one-time premium, financing sources and sustainability of the policy, as well as the likely impact of the policy on equity in access to health care. Policy-makers need to clearly explain the meaning of the one-time premium policy and how it will be funded, and critically consider the concerns raised by stakeholders before proceeding with further attempts to implement it. For other countries planning universal coverage reforms, it is important that the terminology of their reforms clearly reflects policy objectives.

  3. Let's Do It Again: Bagging Equity Premium Predictors

    DEFF Research Database (Denmark)

    Hillebrand, Eric Tobias; Lee, Tae-Hwy; Medeiros, Marcelo C.

    of the regression coefficient and positivity of the forecast. Bagging constrained estimators can have smaller asymptotic mean-squared prediction errors than forecasts from a restricted model without bagging. Monte Carlo simulations show that forecast gains can be achieved in realistic sample sizes for the stock...... return problem. In an empirical application using the data set of Campbell, J., and S. Thompson (2008): “Predicting the Equity Premium Out of Sample: Can Anything Beat the Historical Average?”, Review of Financial Studies 21, 1511-1531, we show that we can improve the forecast performance further...

  4. Ion exchange properties of Wyodak premium coal samples

    Energy Technology Data Exchange (ETDEWEB)

    Vorres, K.S.

    1993-08-23

    Low rank coals (lignite and subbituminous) contain exchangeable cations. A sample of {minus}20+200 mesh Argonne Premium Wyodak coal was washed with nitric acid in a burette fitted with a coarse glass frit at the base of the graduations to remove the exchangeable cations from the system. The eluent was passed to a flow-through pH electrode and a titration curve was obtained on a computer file. A series of electrodes (pH, calcium, sodium and potassium) were used in separate experiments to follow the elution from the coal. Some implications for coal structure are also indicated.

  5. Erosion of Premium Connection Cross-over Joint in Solid-liquid Flow

    Directory of Open Access Journals (Sweden)

    Zhao Yong’an

    2015-01-01

    Full Text Available Hydraulic fracturing is a new technique which is used in oil yield to maximize its own production. The pumping of fracturing slurry flow through tubing collar can cause considerable mass loss of inner surface materials. This may pose a significantly potential risk even a well loss. Especially, the erosion phenomenon is particularly serious in the structure of variable diameter. Numerical simulation in this paper was used to get particle impact parameters, and it is combined with jet experiments to find out the main factors of BG-13Cr mass loss. Finally, the equation with experimental data was applied to predict erosion rate of premium connection cross-over joint inner wall.

  6. A guide to understanding the variation in premiums in rural health insurance marketplaces.

    Science.gov (United States)

    Barker, Abigail R; McBride, Timothy D; Kemper, Leah M; Mueller, Keith

    2014-05-01

    Key Findings. (1) State-level decisions in implementing the Patient Protection and Affordable Care Act of 2010 (ACA) have led to significant state variation in the design of Health Insurance Marketplace (HIM) rating areas. In some designs, rural counties are grouped together, while in others, rural and urban counties have been deliberately mixed. (2) Urban counties have, on average, approximately one more firm participating in the marketplaces, representing about 11 more plan offerings, than rural counties have. (3) The highest-valued "platinum" plan types are less likely to be available in rural areas. Thus, the overall mix of plan types should be factored into the reporting of average premiums. (4) Levels of competition are likely to have a greater impact on the decisions of firms considering whether to operate in higher-cost areas or not, as those firms must determine how they can pass such costs on to consumers, conditional on the market share they are likely to control.

  7. 44 CFR 61.12 - Rates based on a flood protection system involving Federal funds.

    Science.gov (United States)

    2010-10-01

    ... limit the area of special flood hazards, the applicable risk premium rates for any property, located... premium rates which would be applicable when the system is complete. (b) Adequate progress in paragraph (a... subject matter of litigation before any Federal, State or local court or administrative agency, and...

  8. Inflation, Endogenous Market Segmentation and the Term Structure of Interest Rates

    NARCIS (Netherlands)

    C.G. de Vries (Casper); X. Wang

    2015-01-01

    markdownabstract__Abstract__ The term structure of interest rates does not adhere to the expectations hypothesis, possibly due to a risk premium. We consider the implications of a risk premium that arises from endogenous market segmentation driven by variable inflation rates. In the absence of

  9. Inflation, Endogenous Market Segmentation and the Term Structure of Interest Rates

    NARCIS (Netherlands)

    C.G. de Vries (Casper); X. Wang

    2015-01-01

    markdownabstract__Abstract__ The term structure of interest rates does not adhere to the expectations hypothesis, possibly due to a risk premium. We consider the implications of a risk premium that arises from endogenous market segmentation driven by variable inflation rates. In the absence of auto

  10. 5 CFR 550.107 - Premium payments capped on a biweekly basis when an annual limitation otherwise applies.

    Science.gov (United States)

    2010-01-01

    ... OFFICE OF PERSONNEL MANAGEMENT CIVIL SERVICE REGULATIONS PAY ADMINISTRATION (GENERAL) Premium Pay Maximum Earnings Limitations § 550.107 Premium payments capped on a biweekly basis when an annual...

  11. Insurance premium reductions. A motivating factor in long-term hypertensive treatment.

    Science.gov (United States)

    Moser, M; Rafter, J; Gajewski, J

    1984-02-10

    Elevated blood pressure substantially increases mortality and requires, therefore, high premium payments for life insurance coverage. Most life insurance companies are willing to reduce the cost of yearly premiums when blood pressure is successfully treated and controlled for several years. Physicians should bring these facts to their patients' attention as a motivating factor to improve adherence to therapy.

  12. 42 CFR 408.112 - Refund of excess premiums after the enrollee dies.

    Science.gov (United States)

    2010-10-01

    ... after the enrollee dies. If CMS has received premiums for months after the enrollee's death, CMS refunds... made under paragraph (a) of this section, CMS refunds the premiums to the enrollee's survivors in the... security or railroad retirement benefits on the basis of the same earnings record as the...

  13. 78 FR 79619 - Patient Protection and Affordable Care Act; Program Integrity: Exchange, Premium Stabilization...

    Science.gov (United States)

    2013-12-31

    ...-9957-CN; 9964-CN] RIN 0938-AR82; RIN 0938-AR74 Patient Protection and Affordable Care Act; Program... Affordable Care Act; Program Integrity: Exchange, Premium Stabilization Programs, and Market Standards... and Affordable Care Act; Program Integrity: Exchange, Premium Stabilization Programs, and...

  14. 24 CFR 203.319 - Pro rata payment of premiums and charges.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata payment of premiums and... § 203.319 Pro rata payment of premiums and charges. No contract of insurance shall be terminated until the mortgagee has paid to the Commissioner the pro rata portion of the current annual MIP or...

  15. 24 CFR 232.825 - Pro rata refund of insurance premium.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance... ASSISTED LIVING FACILITIES Contract Rights and Obligations Premiums § 232.825 Pro rata refund of insurance... rata portion of the current annual loan insurance premium theretofore paid which is applicable to...

  16. 24 CFR 266.608 - Mortgage insurance premium: Pro rata refund.

    Science.gov (United States)

    2010-04-01

    ... rata refund. 266.608 Section 266.608 Housing and Urban Development Regulations Relating to Housing and... premium: Pro rata refund. If the Contract of Insurance is terminated by payment in full or is terminated... account. In computing the pro rata portion of the annual mortgage insurance premium, the date...

  17. 24 CFR 241.825 - Pro rata refund of insurance premium.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance... Projects Without a HUD-Insured or HUD-Held Mortgage Premiums § 241.825 Pro rata refund of insurance premium... Commissioner shall refund to the lender for the account of the borrower an amount equal to the pro rata...

  18. 77 FR 21580 - Changes in Certain Multifamily Housing and Health Care Facility Mortgage Insurance Premiums for...

    Science.gov (United States)

    2012-04-10

    ... Premiums for Fiscal Year (FY) 2013 AGENCY: Office of the Assistant Secretary for Housing--Federal Housing... of the mortgage insurance premiums (MIPs) for certain Federal Housing Administration (FHA... return to the market by ensuring FHA is not under-pricing its risk. In addition to announcing MIPs for FY...

  19. Clean, premium-quality chars: Demineralized and carbon enriched

    Energy Technology Data Exchange (ETDEWEB)

    Smith, G.V.

    1992-01-03

    The goal of this project is to develop a bench-scale procedure to produce clean, desulfurized, premium-quality chars from the Illinois basin coals. This goal is achieved by utilizing the effective capabilty of smectites in combination with methane to manipulate the char yields. The major objectives are: to determine the optimum water- ground particle size for the maximum reduction of pyrite and minerals by the selective-bitumen agglomeration process; to evaluate the type of smectite and its interlamellar cation which enhances the premium-quality char yields; to find the mode of dispersion of smectites in clean coal which retards the agglomeration of char during mild gasification; to probe the conditions that maximize the desulfurized clean-char yields under a combination of methane+oxygen or helium+oxygen; to characterize and accomplish a material balance of chars, liquids, and gases produced during mild gasification; to identify the conditions which reject dehydrated smectites from char by the gravitational separation technique; and to determine the optimum seeding of chars with polymerized maltene for flammability and transportation.

  20. New Evidence Against a Causal Marriage Wage Premium.

    Science.gov (United States)

    Killewald, Alexandra; Lundberg, Ian

    2017-06-01

    Recent research has shown that men's wages rise more rapidly than expected prior to marriage, but interpretations diverge on whether this indicates selection or a causal effect of anticipating marriage. We seek to adjudicate this debate by bringing together literatures on (1) the male marriage wage premium; (2) selection into marriage based on men's economic circumstances; and (3) the transition to adulthood, during which both union formation and unusually rapid improvements in work outcomes often occur. Using data from the National Longitudinal Survey of Youth 1979, we evaluate these perspectives. We show that wage declines predate rather than follow divorce, indicating no evidence that staying married benefits men's wages. We find that older grooms experience no unusual wage patterns at marriage, suggesting that the observed marriage premium may simply reflect co-occurrence with the transition to adulthood for younger grooms. We show that men entering shotgun marriages experience similar premarital wage gains as other grooms, casting doubt on the claim that anticipation of marriage drives wage increases. We conclude that the observed wage patterns are most consistent with men marrying when their wages are already rising more rapidly than expected and divorcing when their wages are already falling, with no additional causal effect of marriage on wages.

  1. The File Drawer Effect and Publication Rates in Menstrual Cycle Research.

    Science.gov (United States)

    Sommer, Barbara

    1987-01-01

    Surveyed investigators (N=91) studying the menstrual cycle. Showed the assumption that researchers are unable to publish studies with nonsignificant findings to be unwarranted. Found much of the research did not lend itself to a hypothesis-testing model. A more important contribution to the likelihood of publication was research productivity.…

  2. Conditional Convergence of Nonresident Tuition Rates at Public Research Universities: A Panel Data Analysis

    Science.gov (United States)

    Titus, Marvin A.; Vamosiu, Adriana; Gupta, Anubha

    2015-01-01

    The current study examines how nonresident tuition among public research universities has converged toward a national average over the 1987-2006 time period in the USA. Using dynamic fixed-effect panel modeling estimated via GMM (and instrumental variables fixed-effect model to account for endogeneity), we inquire (1) how do competitive market…

  3. Market response to the public display of energy performance rating at property sales

    DEFF Research Database (Denmark)

    Jensen, Ole Michael; Hansen, Anders Rhiger; Kragh, Jesper

    2016-01-01

    Energy labels have generally received positive response from consumers and have moved the market for white goods and cars in the direction of more energy-efficient products. On the real estate market, it was expected that an energy label, rating the energy performance of a property based...... performance rating is fundamental for market response....... on a national energy performance certificate (EPC) might receive similar response. However, in Denmark no response to the energy performance rating was observed for 15 years. This was a surprise considering that Denmark was the first country to implement an A to G rating of the energy performance of buildings...

  4. Open evaluation (OE: A vision for entirely transparent post-publication peer review and rating for science

    Directory of Open Access Journals (Sweden)

    Nikolaus eKriegeskorte

    2012-10-01

    Full Text Available The two major functions of a scientific publishing system are to provide access to and evaluation of scientific papers. While open access (OA is becoming a reality, open evaluation (OE, the other side of coin, has received less attention. Evaluation steers the attention of the scientific community and thus the very course of science. It also influences the use of scientific findings in public policy. The current system of scientific publishing provides only journal prestige as an indication of the quality of new papers and relies on a non-transparent and noisy pre-publication peer review process, which delays publication by many months on average. Here I propose an OE system, in which papers are evaluated post-publication in an ongoing fashion by means of open peer review and rating. Through signed ratings and reviews, scientists steer the attention of their field and build their reputation. Reviewers are motivated to be objective, because low-quality or self-serving signed evaluations will negatively impact their reputation. A core feature of this proposal is a division of powers between the accumulation of evaluative evidence and the analysis of this evidence by paper evaluation functions (PEFs. PEFs can be freely defined by individuals or groups (e.g. scientific societies and provide a plurality of perspectives on the scientific literature. Simple PEFs will use averages of ratings, weighting reviewers (e.g. by H-factor and rating scales (e.g. by relevance to a decision process in different ways. Complex PEFs will use advanced statistical techniques to infer the quality of a paper. Papers with initially promising ratings will be more deeply evaluated. The continual refinement of PEFs in response to attempts by individuals to influence evaluations in their own favor will make the system ungameable. OA and OE together have the power to revolutionize scientific publishing and usher in a new culture of transparency, constructive criticism, and

  5. The Impact of Tobacco-Free School Policies on Youth Smoking Rates in Florida Public School Districts.

    Science.gov (United States)

    Terry, Amanda; Zhang, Ning Jackie

    2016-02-01

    Developing and implementing policies to curb and prevent youth tobacco use is of the utmost importance. In Florida, public school districts were authorized to develop tobacco-free school policies through an amendment to the Florida Clean Indoor Air Act in 2011. The purpose of this study is to determine the impact of tobacco-free school policies on smoking rates among youth in Florida. Analysis of covariance (ANCOVA) and a multiple regression analysis were used to determine whether the comprehensiveness and enforcement of tobacco-free school policies affect the youth smoking rates within Florida public school districts. The 2010 and 2014 youth smoking rates were calculated based on the Florida Youth Tobacco Survey results. The 2010 youth smoking rate and the inclusion of the enforcement component with provision of cessation resources were statistically significant predictors of the 2014 youth smoking rate. However, the comprehensiveness level of a policy and the inclusion of an enforcement component were not statistically significant predictors. The inclusion of an enforcement component with provision of cessation resources is important in efforts to reduce youth smoking rates. The content of the tobacco-free school policies seems to be less relevant to their effectiveness than the enforcement of the policies. © 2016, American School Health Association.

  6. Estimated dose rates to members of the public from external exposure to patients with {sup 131}I thyroid treatment

    Energy Technology Data Exchange (ETDEWEB)

    Dewji, S., E-mail: dewjisa@ornl.gov; Bellamy, M.; Leggett, R.; Eckerman, K. [Oak Ridge National Laboratory, 1 Bethel Valley Road, MS-6335, Oak Ridge, Tennessee 37831 (United States); Hertel, N. [Oak Ridge National Laboratory, 1 Bethel Valley Road, MS-6335, Oak Ridge, Tennessee 37831 and Georgia Institute of Technology, 770 State Street, Atlanta, Georgia 30332-0745 (United States); Sherbini, S.; Saba, M. [United States Nuclear Regulatory Commission, Washington, DC 20555-0001 (United States)

    2015-04-15

    Purpose: Estimated dose rates that may result from exposure to patients who had been administered iodine-131 ({sup 131}I) as part of medical therapy were calculated. These effective dose rate estimates were compared with simplified assumptions under United States Nuclear Regulatory Commission Regulatory Guide 8.39, which does not consider body tissue attenuation nor time-dependent redistribution and excretion of the administered {sup 131}I. Methods: Dose rates were estimated for members of the public potentially exposed to external irradiation from patients recently treated with {sup 131}I. Tissue attenuation and iodine biokinetics were considered in the patient in a larger comprehensive effort to improve external dose rate estimates. The external dose rate estimates are based on Monte Carlo simulations using the Phantom with Movable Arms and Legs (PIMAL), previously developed by Oak Ridge National Laboratory and the United States Nuclear Regulatory Commission. PIMAL was employed to model the relative positions of the {sup 131}I patient and members of the public in three exposure scenarios: (1) traveling on a bus in a total of six seated or standing permutations, (2) two nursing home cases where a caregiver is seated at 30 cm from the patient’s bedside and a nursing home resident seated 250 cm away from the patient in an adjacent bed, and (3) two hotel cases where the patient and a guest are in adjacent rooms with beds on opposite sides of the common wall, with the patient and guest both in bed and either seated back-to-back or lying head to head. The biokinetic model predictions of the retention and distribution of {sup 131}I in the patient assumed a single voiding of urinary bladder contents that occurred during the trip at 2, 4, or 8 h after {sup 131}I administration for the public transportation cases, continuous first-order voiding for the nursing home cases, and regular periodic voiding at 4, 8, or 12 h after administration for the hotel room cases. Organ

  7. 77 FR 69850 - Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible...

    Science.gov (United States)

    2012-11-21

    ... sequestration, a contingency reserve ratio in excess of 20 percent of the following year's expenditures would... legislation, then the Part B asset reserve ratio for December 31, 2013 would be approximately 9.3 percentage... reserve ratios at the end of 2013 would be reduced by approximately another 2 percentage points....

  8. PENGARUH KEBIJAKAN HARGA BBM, JUMLAH SEPEDA MOTOR, PENDAPATAN PERKAPITA TERHADAP KONSUMSI PREMIUM

    Directory of Open Access Journals (Sweden)

    Tri Atmojo

    2017-06-01

    Full Text Available Konsumsi BBM di Indonesia semakin meningkat karena meningkatnya pendapatan masyarakat, jumlah kendaraan bermotor di Indonesia. Tujuan dari penelitian ini adalah untuk mengetahui pengaruh kebijakan harga BBM, kendaraan bermotor (motor, pendapatan perkapita terhadap konsumsi BBM (Premium. Objek penelitian ini adalah konsumsi BBM di Republik Indonesia kurun waktu 1985-2014. Penelitian ini menggunakan desain penelitian dengan pendekatan kuantitatif. Analisis data menggunakan analisis Regresi Linier Berganda dengan metode Ordinary Least Square (OLS. Berdasarkan hasil penelitian dapat disimpulkan bahwa kebijakan harga berpengaruh signifikan terhadap konsumsi premium, pendapatan per kapita  berpengaruh positif terhadap konsumsi premium, jumlah sepeda motor berpengaruh positif terhadap konsumsi premium, serta harga BBM, pendapatan perkapita, dan jumlah sepeda motor secara serentak berpengaruh positif terhadap konsumsi premium. Fuel consumption in Indonesia is increasing due to rising incomes, the number of motor vehicles in Indonesia. The purpose of this study was to determine the effect of fuel price policy, motor vehicles (motorcycles, per capita income on the consumption of fuel (Premium. The object of this study is the fuel consumption in the Republic of Indonesia period 1985-2014. The design of this research study with a quantitative approach. Analyzed using Multiple Linear Regression Ordinary Least Square method (OLS. Based on the results of this study concluded that the pricing policies have a significant effect on the consumption of premium, per capita income has positive influence on consumption of premium, the number of motorcycles positive effect on premium consumption, as well as fuel prices, per capita income, and the number of motorcycles simultaneously positive effect on consumption of premium.

  9. 38 CFR 8.26 - Renewal of National Service Life Insurance on the 5-year level premium term plan.

    Science.gov (United States)

    2010-07-01

    ... Service Life Insurance on the 5-year level premium term plan. 8.26 Section 8.26 Pensions, Bonuses, and... § 8.26 Renewal of National Service Life Insurance on the 5-year level premium term plan. (a) Effective July 23, 1953, all or any part of National Service Life Insurance on the 5-year level premium term plan...

  10. The Effects of Debt Intolerance and Public Debt Sustainability on Credit Ratings: Evidence From European Economies

    OpenAIRE

    Ata Ozkaya

    2013-01-01

    The question whether a government’s fiscal policy is consistent with an intertemporal budget constraint has been motivated a number of empirical studies. The econometric approach focuses on the circumstances under which a government is able to sustain its budget deficits without defaulting on its debt. In this contribution, by linking the different motives on long-run sustainability of public debt, we develop a compact step-wise test algorithm and apply that to the PIIGS countries and United ...

  11. The possible role of resource requirements and academic career-choice risk on gender differences in publication rate and impact.

    Directory of Open Access Journals (Sweden)

    Jordi Duch

    Full Text Available Many studies demonstrate that there is still a significant gender bias, especially at higher career levels, in many areas including science, technology, engineering, and mathematics (STEM. We investigated field-dependent, gender-specific effects of the selective pressures individuals experience as they pursue a career in academia within seven STEM disciplines. We built a unique database that comprises 437,787 publications authored by 4,292 faculty members at top United States research universities. Our analyses reveal that gender differences in publication rate and impact are discipline-specific. Our results also support two hypotheses. First, the widely-reported lower publication rates of female faculty are correlated with the amount of research resources typically needed in the discipline considered, and thus may be explained by the lower level of institutional support historically received by females. Second, in disciplines where pursuing an academic position incurs greater career risk, female faculty tend to have a greater fraction of higher impact publications than males. Our findings have significant, field-specific, policy implications for achieving diversity at the faculty level within the STEM disciplines.

  12. Public Utility Regulatory Policies Act of 1978: Natural Gas Rate Design Study

    Energy Technology Data Exchange (ETDEWEB)

    None,

    1980-05-01

    The report concludes that, to effectively deal with our national energy problems, gas rate structures should be designed to reflect the costs which the nation avoids if gas is efficiently used and substituted for oil. Current pipeline and distribution company rate structures generally do not meet this test. Although gas is a substitute for oil in many applications, and conserved gas can reduce oil imports, gas rate structures often fail to convey to consumers the fact that, from a national perspective, gas is as valuable as oil. The provisions of the Natural Gas Policy Act of 1978 (NGPA) take a strong first step in correcting these problems. But, as clearly recognized in both NGPA and PURPA, these provisions need to be supplemented by updating pipeline and distribution company rate designs to address the problems of the 1980's - rather than the problems of the 1950's. In this regard, NGPA mandates incremental pricing, which raises the average price of gas to certain industrial users only. The Department of Energy (DOE) study suggests an alternate approach: pipeline and distribution rate structures that reflect in their tailblocks, for all customer classes, the economic costs of gas usage. Such rates would convey to all users the costs incurred by the nation as a consequence of their decisions to use or conserve gas. Such rate structures should promote the three purposes of PURPA - end-use conservation, efficient use of utility resources, and equitable rates - to a greater extent than do traditional accounting cost rate designs, which reflect decisions made in the distant past.

  13. Analysis on Premium Adjustment Mechanism of Critical Illness Insurance in China%我国重大疾病保险保费调整机制研究

    Institute of Scientific and Technical Information of China (English)

    马绍东; 李成刚; 陈阳

    2014-01-01

    Objective: By constructing the cash flow model, it proposed the premium adjustment mechanism of critical illness insurance(CII). Methods: Based on the practical data of critical illness insurance in China, it established some actuarial assumptions and cash flow model to simulate and analyze premium adjustment mechanism of CII. Results: ( 1) Because of the deterioration of critical illness incidence rate and the change of market interest rates , CII guaranteed premium usually resents pricing risk, which showed that the cash flow is negative, sometimes accumulated cash is negative; (2) based on the criteria of insurance cost adjustment, it is suggested that when the loss rate reached more than 70%, which could permit the insurance company adjust the premium, if the loss rate reached more than 80%, it needs to compulsory the insurance companies to adjust premium. Conclusion: The study proposes the mechanism of CII premium adjustment, provides guidance for practice.%目的:通过构建现金流量模型提出我国重大疾病保险保费调整机制。方法:采用中国重大疾病保险实践数据,建立恰当的精算假设与现金流量模型,对中国重大疾病保险的保费调整进行模拟分析。结果:(1)由于重大疾病发生率的恶化及市场利率的变化,重大疾病保险保证保费通常存在定价不足风险,表现为保险期内当年现金流出现负值,部分情景下累积现金流出现负值;(2)在保费调整的准则上,建议当损失率达到70%以上时,可允许保险公司进行保费调整,若损失率达到80%以上时,必需强制保险公司进行保费调整。结论:本研究提出了重大疾病保险保费调整的机制,为实践提供指导。

  14. [Analysis and publication rate of the presentations at the Turkish National Otorhinolaryngology and Head and Neck Surgery meetings].

    Science.gov (United States)

    Erdağ, Taner Kemal; Durmuşoğlu, Mehmet; Demir, Ali Oğuz; Doğan, Ersoy; Ikiz, Ahmet Omer

    2014-01-01

    This study aims to evaluate the analysis and publication rates of presentations presented at the Turkish National Otorhinolaryngology and Head & Neck Surgery (TNORL and HNS) meetings. The TNORL and HNS meetings of 2008, 2009 and 2010 were included in the study. The number, subjects, types (clinical study, experimental study, case report) and institutions of the oral presentations and posters were documented using the abstract CD's of the meetings. The conversion rate of presentations into the full-text articles in the peer-reviewed journals were reviewed through the search engines Pubmed for the international indexes and Türk Medline and Ulakbim for the national ones. The time from presentation in the meetings to publication was determined. The distribution of journals according to the publication dates of the articles were evaluated in terms of the Science citation index (SCI), SCI expanded (SCI-E), PubMed and Turkish citation index. The total number of presentations submitted in the three TNORL and HNS meetings was 1,454 and posters accounted for 75.4% of all presentations. While case reports were 53.2% of the total presentations, the ratios were found to be 43% and 3.8% for the research and experimental studies, respectively. Of the oral presentations, 88% included research studies, whereas 70.3% of the posters were case reports. The origin of the presentations was university hospitals, education hospitals, other national institutions, and international institutions with ratios of 51.6%, 44.3%, 3% and 1.1%, respectively. The conversion rate of presentations into the full-text articles was found as 21.9%. The rate was 37.3% for oral presentations and 17% for the posters (p=0.00). For all of the 319 published papers, the overall mean time from presentation to publication was 18.6 months. While 62.7% of the articles were published in international journals, 37.3% were published in national journals. The conversion rate of oral presentations into publications was

  15. Racial Discipline Disproportionality in Montessori and Traditional Public Schools: A Comparative Study Using the Relative Rate Index

    Directory of Open Access Journals (Sweden)

    Katie E. Brown

    2015-11-01

    Full Text Available Research from the past 40 years indicates that African American students are subjected to exclusionary discipline, including suspension and expulsion, at rates two to three times higher than their White peers (Children’s Defense Fund, 1975; Skiba, Michael, Nardo, & Peterson, 2002. Although this phenomenon has been studied extensively in traditional public schools, rates of racially disproportionate discipline in public Montessori schools have not been examined. The purpose of this study is to examine racial discipline disproportionality in Montessori public elementary schools as compared to traditional elementary schools. The Relative Rate Index (RRI is used as a measure of racially disproportionate use of out-of-school suspensions (Tobin & Vincent, 2011. Suspension data from the Office of Civil Rights Data Collection was used to generate RRIs for Montessori and traditional elementary schools in a large urban district in the Southeast. While statistically significant levels of racial discipline disproportionality are found in both the Montessori and traditional schools, the effect is substantially less pronounced in Montessori settings. These findings suggest that Montessori schools are not immune to racially disproportionate discipline and should work to incorporate more culturally responsive classroom management techniques. Conversely, the lower levels of racially disproportionate discipline in the Montessori schools suggests that further study of discipline in Montessori environments may provide lessons for traditional schools to promote equitable discipline.

  16. Exchange Rate Risk Measurement and Management: Issues and Approaches for Public Debt Managers

    OpenAIRE

    Michael G. Papaioannou

    2009-01-01

    This paper presents conventional and alternative exchange-rate risk measures for government bonds, and outlines liability management operations for dealing with currency exposure. These risk measures and liability management operations are analyzed from the perspective of a sovereign debt manager. In particular, we examine the VaR statistic as a prominent measure of exchange rate risk exposure, along with an integrated VaR approach for the simultaneous estimation of a bonded portfolio’s int...

  17. FINDING THE DISCOUNT RATE FOR A PRIVATE FIRM USING PUBLIC COMPARABLES

    OpenAIRE

    Lynda S. Livingston

    2014-01-01

    Determining the cost of equity is one of the most difficult problems in corporate finance. In this paper, we present a simple estimation example using an internet start-up company. We use public firm comparables for beta, making adjustments for leverage using Harris and Pringle’s (1985) assumptions, rather than Hamada’s (1972). While we consider adjustments for size, unsystematic risk, and illiquidity, we argue that significant adjustments to a Capital Asset Pricing Model approach using p...

  18. Savings, lending rate and skill improvement in micro-finance operating through public-private cooperation

    OpenAIRE

    2011-01-01

    In this paper, micro-finance programme through joint liability credit contract is explained with the help of two-stage game when the programme is operated by a non-motivated NGO with the help of commercial bank and government. We find that even in the presence of public-private cooperation and back ended subsidy provided by the government, both individual sanction as well as social sanction plays an important role of security against credit for proper functioning of the programme. Non-homogen...

  19. Gross Premium Actuarial Models Include Inflation and Surrender Situation%考虑通货膨胀和退保情形的总保费精算模型

    Institute of Scientific and Technical Information of China (English)

    贺明田; 王传玉; 安琪

    2011-01-01

    为使寿险公司能根据实际情况及时合理地调整保费价格,在改进的传统总保费精算方法的基础上,给出了在随机利率模型和随机死亡率模型上定价净保费的方法,同时在考虑通货膨胀和退保情形的前提下尽可能地把寿险公司所涉及的费用都作独立的随机变量纳入寿险总保费的计算中,并给出了计算总保费的公式.数值算例表明了该法的可行性.%In order to enable the life insurance company to act in accordance with to the actual situation prompt reasonable adjustment insurance premium price,based on the improved traditional gross premium calculation method foundation,the article presents a method of net premium pricing under mortality and interest rates,both of which are stochastic,in gross premium calculation,inflation and surrender factors are considered as independent random variables.This paper gives a formula to calculate the gross premium.

  20. Current Rates of Publication for Podium and Poster Presentations at the American Society for Surgery of the Hand Annual Meetings

    Directory of Open Access Journals (Sweden)

    Joshua M. Abzug

    2014-09-01

    Full Text Available Background:  Research projects are presented at the Annual Meetings of the American Society for Surgery of the Hand (ASSH. It is unknown how many achieve publication in peer-reviewed journals. We sought to determine current rates of publication of podium and poster presentations.   Methods:  All ASSH podium and poster presentations from 2000 to 2005 were reviewed, and an Internet-based search using PubMed and Google was conducted to determine whether the presented studies had been published. Times to publication and journal names were recorded. Data were analyzed with descriptive statistics. Fisher’s exact test was conducted to compare current trends with previous trends. Results:  Of 1127 podium and poster presentations reviewed, 46% were published in peer-reviewed journals. Forty-seven percent of published presentations (242 presentations were in Journal of Hand Surgery , and 11% (59 entations were in Journal of Bone and Joint Surgery . Forty-five percent of presentations were published within 2 years and 66% within 3 years. The publication rate for podium presentations was significantly higher than that previously reported for Journal of Hand Surgery, at 54% compared with 44% (P=0.004.  Conclusions:  Currently, fewer than half of the studies presented at Annual Meetings of the ASSH achieve publication in peer-eviewed journals. Presentations are most likely to be published within 3 years, and almost half are published in Journal of Hand Surgery .

  1. Effects of nutrient content claims, sports celebrity endorsements and premium offers on pre-adolescent children's food preferences: experimental research.

    Science.gov (United States)

    Dixon, H; Scully, M; Niven, P; Kelly, B; Chapman, K; Donovan, R; Martin, J; Baur, L A; Crawford, D; Wakefield, M

    2014-04-01

    To assess pre-adolescent children's responses to common child-oriented front-of-pack food promotions. Between-subjects, web-based experiment with four front-of-pack promotion conditions on energy-dense and nutrient-poor (EDNP) foods: no promotion [control]; nutrient content claims; sports celebrity endorsements (male athletes) and premium offers. Participants were 1302 grade 5 and 6 children (mean age 11 years) from Melbourne, Australia. Participants chose their preferred product from a randomly assigned EDNP food pack and comparable healthier food pack then completed detailed product ratings. Child-oriented pack designs with colourful, cartooned graphics, fonts and promotions were used. Compared to the control condition, children were more likely to choose EDNP products featuring nutrient content claims (both genders) and sports celebrity endorsements (boys only). Perceptions of nutritional content were enhanced by nutrient content claims. Effects of promotions on some product ratings (but not choice) were negated when children referred to the nutrition information panel. Premium offers did not enhance children's product ratings or choice. Nutrient content claims and sports celebrity endorsements influence pre-adolescent children's preferences towards EDNP food products displaying them. Policy interventions to reduce the impact of unhealthy food marketing to children should limit the use of these promotions. © 2013 The Authors. Pediatric Obesity © 2013 International Association for the Study of Obesity.

  2. Users Handbook for the Argonne Premium Coal Sample Program

    Energy Technology Data Exchange (ETDEWEB)

    Vorres, K.S.

    1993-10-01

    This Users Handbook for the Argonne Premium Coal Samples provides the recipients of those samples with information that will enhance the value of the samples, to permit greater opportunities to compare their work with that of others, and aid in correlations that can improve the value to all users. It is hoped that this document will foster a spirit of cooperation and collaboration such that the field of basic coal chemistry may be a more efficient and rewarding endeavor for all who participate. The different sections are intended to stand alone. For this reason some of the information may be found in several places. The handbook is also intended to be a dynamic document, constantly subject to change through additions and improvements. Please feel free to write to the editor with your comments and suggestions.

  3. Production of premium fuels from coal refuse pond material

    Energy Technology Data Exchange (ETDEWEB)

    Honaker, R.Q.; Patil, D.P.; Sirkeci, A.; Patwardhan, A. [University of Kentucky, Lexington, KY (United States). Dept. of Mining Engineering

    2001-11-01

    Because of increasing production of fine coal during mining over the past century and because of inefficient fine-coal recovery technologies, a vast reserve of high-quality coal now exists in refuse ponds. A novel fine-coal circuit, consisting of a hindered-bed classifier, an enhanced gravity concentrator and a flotation column, was evaluated for the recovery of fine coal from refuse ponds. The treatment of a pond derived from Pittsburgh No. 8 seam coal resulted in the production of a premium fuel containing less than 5 % ash and a calorific value of about 30,170 kJ/kg with 60% mass yield. Results from the treatment of two refuse pond materials are presented.

  4. Ruin problems with stochastic premium stochastic return on investments

    Institute of Scientific and Technical Information of China (English)

    WANG Rongming; XU Lin; YAO Dingjun

    2007-01-01

    In this paper, ruin problems in the risk model with stochastic premium incomes and stochastic return on investments are studied. The logarithm of the asset price process is assumed to be a Lévy process. An exact expression for expected discounted penalty function is established. Lower bounds and two kinds of upper bounds for expected discounted penalty function are obtained by inductive method and martingale approach. Integro- differential equations for the expected discounted penalty function are ob- tained when the Lévy process is a Brownian motion with positive drift and a compound Poisson process, respectively. Some analytical examples and numerical examples are given to illustrate the upper bounds and the applications of the integro-differential equations in this paper.

  5. A "LHC Premium" for Early Career Researchers? Perceptions from within

    CERN Document Server

    Camporesi, Tiziano; Florio, Massimo; Giffoni, Francesco

    2016-01-01

    More than 36,000 students and post-docs will be involved in experiments at the Large Hadron Collider (LHC) until 2025. Do they expect that their learning experience will have an impact on their professional future? By drawing from earlier salary expectations literature, this paper proposes a framework aiming at explaining the professional expectations of early career researchers (ECR) at the LHC. Results from different ordered logistic models suggest that experiential learning at LHC positively correlates with both current and former students' salary expectations. At least two not mutually exclusive explanations underlie such a relationship. First, the training at LHC gives early career researchers valuable expertise, which in turn affects salary expectations; secondly, respondents recognise that the LHC research experience per se may act as a signal in the labour market. Respondents put a price tag on their experience at LHC, a "salary premium" ranging from 5% to 12% in terms of future salaries compared with...

  6. The Press and Not-So-Mean Streets: The Relative Influence of the News Media on Public Knowledge of Crime Rates.

    Science.gov (United States)

    Johnson, Thomas J.; Braima, Mahmoud A. M.; Sothirajah, Jayanthi

    2001-01-01

    Examines the extent to which news media use predicts the public's ability to correctly estimate crime rates. Finds that the public seriously overestimates the extent of the crime problem, and the news media do little to help the public understand the extent of the problem. (SG)

  7. Leading Indicators: Increasing Statewide Bachelor's Degree Completion Rates at 4-Year Public Institutions

    Science.gov (United States)

    Davidson, Jeffrey Cody

    2014-01-01

    For the United States to maintain national and global economic stability, colleges must graduate more students. Four-year completion rates have declined and less than one-third of full-time, degree-seeking students graduate in 4 years. Some researchers and policymakers have suggested "leading indicators" to track postsecondary…

  8. Surgeons' Perspectives on Premium Implants in Total Joint Arthroplasty.

    Science.gov (United States)

    Wasterlain, Amy S; Bello, Ricardo J; Vigdorchik, Jonathan; Schwarzkopf, Ran; Long, William J

    2017-06-29

    Declining total joint arthroplasty reimbursement and rising implant prices have led many hospitals to restrict access to newer, more expensive total joint arthroplasty implants. The authors sought to understand arthroplasty surgeons' perspectives on implants regarding innovation, product launch, costs, and cost-containment strategies including surgeon gain-sharing and patient cost-sharing. Members of the International Congress for Joint Reconstruction were surveyed regarding attitudes about implant technology and costs. Descriptive and univariate analyses were performed. A total of 126 surgeons responded from all 5 regions of the United States. Although 76.9% believed new products advance technology in orthopedics, most (66.7%) supported informing patients that new implants lack long-term clinical data and restricting new implants to a small number of investigators prior to widespread market launch. The survey revealed that 66.7% would forgo gain-sharing incentives in exchange for more freedom to choose implants. Further, 76.9% believed that patients should be allowed to pay incremental costs for "premium" implants. Surgeons who believed that premium products advance orthopedic technology were more willing to forgo gain-sharing (P=.040). Surgeons with higher surgical volume (P=.007), those who believed implant companies should be allowed to charge more for new technology (Pinnovation advances the field but support discussing the "unproven" nature of new implants with patients. Many surgeons support alternative payment models permitting surgeons and patients to retain implant selection autonomy. Most respondents prioritized patient beneficence and surgeon autonomy above personal financial gain. [Orthopedics. 201x; xx(x):xx-xx.]. Copyright 2017, SLACK Incorporated.

  9. Monty Roberts’ Public Demonstrations: Preliminary Report on the Heart Rate and Heart Rate Variability of Horses Undergoing Training during Live Audience Events

    Directory of Open Access Journals (Sweden)

    Loni Loftus

    2016-09-01

    Full Text Available Effective training of horses relies on the trainer’s awareness of learning theory and equine ethology, and should be undertaken with skill and time. Some trainers, such as Monty Roberts, share their methods through the medium of public demonstrations. This paper describes the opportunistic analysis of beat-to-beat (RR intervals and heart rate variability (HRV of ten horses being used in Monty Roberts’ public demonstrations within the United Kingdom. RR and HRV was measured in the stable before training and during training. The HRV variables standard deviation of the RR interval (SDRR, root mean square of successive RR differences (RMSSD, geometric means standard deviation 1 (SD1 and 2 (SD2, along with the low and high frequency ratio (LF/HF ratio were calculated. The minimum, average and maximum RR intervals were significantly lower in training (indicative of an increase in heart rate as measured in beats-per-minute than in the stable ( p = 0.0006; p = 0.01; p = 0.03. SDRR, RMSSD, SD1, SD2 and the LF/HF ratio were all significantly lower in training than in the stable ( p = 0.001; p = 0.049; p = 0.049; p = 0.001; p = 0.01. When comparing the HR and HRV of horses during Join-up ® to overall training, there were no significant differences in any variable with the exception of maximum RR which was significantly lower ( p = 0.007 during Join-up ® , indicative of short increases in physical exertion (canter associated with this training exercise. In conclusion, training of horses during public demonstrations is a low-moderate physiological, rather than psychological stressor for horses. The physiological stress responses observed within this study were comparable or less to those previously reported in the literature for horses being trained outside of public audience events. Furthermore, there is no evidence that the use of Join-up ® alters HR and HRV in a way to suggest that this training method negatively affects the psychological welfare

  10. Monty Roberts' Public Demonstrations: Preliminary Report on the Heart Rate and Heart Rate Variability of Horses Undergoing Training during Live Audience Events.

    Science.gov (United States)

    Loftus, Loni; Marks, Kelly; Jones-McVey, Rosie; Gonzales, Jose L; Fowler, Veronica L

    2016-09-09

    Effective training of horses relies on the trainer's awareness of learning theory and equine ethology, and should be undertaken with skill and time. Some trainers, such as Monty Roberts, share their methods through the medium of public demonstrations. This paper describes the opportunistic analysis of beat-to-beat (RR) intervals and heart rate variability (HRV) of ten horses being used in Monty Roberts' public demonstrations within the United Kingdom. RR and HRV was measured in the stable before training and during training. The HRV variables standard deviation of the RR interval (SDRR), root mean square of successive RR differences (RMSSD), geometric means standard deviation 1 (SD1) and 2 (SD2), along with the low and high frequency ratio (LF/HF ratio) were calculated. The minimum, average and maximum RR intervals were significantly lower in training (indicative of an increase in heart rate as measured in beats-per-minute) than in the stable ( p = 0.0006; p = 0.01; p = 0.03). SDRR, RMSSD, SD1, SD2 and the LF/HF ratio were all significantly lower in training than in the stable ( p = 0.001; p = 0.049; p = 0.049; p = 0.001; p = 0.01). When comparing the HR and HRV of horses during Join-up (®) to overall training, there were no significant differences in any variable with the exception of maximum RR which was significantly lower ( p = 0.007) during Join-up (®) , indicative of short increases in physical exertion (canter) associated with this training exercise. In conclusion, training of horses during public demonstrations is a low-moderate physiological, rather than psychological stressor for horses. The physiological stress responses observed within this study were comparable or less to those previously reported in the literature for horses being trained outside of public audience events. Furthermore, there is no evidence that the use of Join-up (®) alters HR and HRV in a way to suggest that this training method negatively affects the psychological welfare of

  11. The Effects of Performance Budgeting and Funding Programs on Graduation Rate in Public Four-Year Colleges and Universities

    Directory of Open Access Journals (Sweden)

    Jung-cheol Shinn

    2004-05-01

    Full Text Available This study was conducted to determine whether states with performance budgeting and funding (PBF programs had improved institutional performance of higher education over the five years (1997 through 2001 considered in this study. First Time in College (FTIC graduation rate was used as the measure of institutional performance. In this study, the unit of analysis is institution level and the study population is all public four-or-more-year institutions in the United States. To test PBF program effectiveness, Hierarchical Linear Modeling (HLM growth analysis was applied. According to the HLM analysis, the growth of graduation rates in states with PBF programs was not greater than in states without PBF programs. The lack of growth in institutional graduation rates, however, does not mean that PBF programs failed to achieve their goals. Policy-makers are advised to sustain PBF programs long enough until such programs bear their fruits or are proven ineffective.

  12. The Flight-to-Liquidity Premium in U.S. Treasury Bond Prices

    OpenAIRE

    Longstaff, Francis A.

    2001-01-01

    We examine whether there is a flight-to-liquidity premium in Treasury bond prices by comparing them with prices of bonds issued by Refcorp, a U.S. Government agency. Since Refcorp bonds are, in effect, guaranteed by the Treasury, they have the same credit as Treasury bonds. We find a large liquidity premium in Treasury bonds, which can be more than fifteen percent of the value of some Treasury bonds. We find strong evidence that this liquidity premium is related to changes in consumer con- fi...

  13. The frequency rate of Toxocara species contamination in soil samples from public yards in a urban area "Payathai", Bangkok, Thailand.

    Science.gov (United States)

    Wiwanitkit, Viroj; Waenlor, Weerachit

    2004-01-01

    Toxocara species are most common roundworms of Canidae and Felidae. Human toxocariasis develops by ingesting of embryonated eggs in contaminated soil. There is no previous report of Toxocara contamination in the soil samples from the public areas in Bangkok. For this reason our study have been carried out to examine the frequency of Toxocara eggs in public yards in Bangkok, Thailand. A total of 175 sand and clay samples were collected and examined for parasite eggs. According to this study, Toxocara eggs were detected from 10 (5.71%) of 175 soil samples. The high rate of contamination in this study implies the importance of the control of this possible zoonotic disease: control of abandon of dogs and cats, is still necessary.

  14. The frequency rate of Toxocara species contamination in soil samples from public yards in a urban area "Payathai", Bangkok, Thailand

    Directory of Open Access Journals (Sweden)

    Wiwanitkit Viroj

    2004-01-01

    Full Text Available Toxocara species are most common roundworms of Canidae and Felidae. Human toxocariasis develops by ingesting of embryonated eggs in contaminated soil. There is no previous report of Toxocara contamination in the soil samples from the public areas in Bangkok. For this reason our study have been carried out to examine the frequency of Toxocara eggs in public yards in Bangkok, Thailand. A total of 175 sand and clay samples were collected and examined for parasite eggs. According to this study, Toxocara eggs were detected from 10 (5.71% of 175 soil samples. The high rate of contamination in this study implies the importance of the control of this possible zoonotic disease: control of abandon of dogs and cats, is still necessary.

  15. Discounting in agro-industrial complex. A methodological proposal for risk premium

    Directory of Open Access Journals (Sweden)

    Inmaculada Marques-Perez

    2017-04-01

    Full Text Available The estimation of the discount rate is decisive for a reliable economic valuation. The discount rate has to be adjusted for the risks related to the company, the sector which the company has its market, and the risks related to the investment project. We present a proposal to incorporate the risk premium to the discount rate. The novelty of the methodology is that difference risk groups according to activity as a factor to adjust the cost of capital to companies. The study applies the methodology to the Agro-Industrial Complex (AIC in Spain. The AIC is formed by industries that add value to farming production. This sector’s economic success demands financial management techniques that assess risk. The conventional method responds neither to the heterogeneity of the economic activities that make up the AIC, nor to differentiating risk by groups. The proposed methodology distinguishes activity groups in accordance with the NACE (National Code of Economic Activities and uses net profitability variability to distinguish the risk in each group. Our results demonstrate the various levels of risk per group. The results show that among all the groups that form the AIC there are wide differences between levels of risk; thus, the risk neutral groups present risk levels on the order of 150 times lower than the groups extreme risk levels.

  16. Country risk premium: theoretical determinants and empirical evidence for latin american countries

    Directory of Open Access Journals (Sweden)

    Selmo Aronovich

    1999-12-01

    Full Text Available This paper investigates the behavior of the country risk premium for Argentina, Brazil and Mexico, from June 1997 to September 1998. It shows that the level of country risk premium is determined by different factors: the US dollar bond market structure; restrictions on the acquisition of emerging market bonds imposed by developed nations regulators; the credit risk measured by the notion of implied risk-neutral probability default; the different ways agents react to country risk due to asymmetric and imperfect information. The empirical investigation shows: the worse the country credit rating, the greater is the impact on international borrowing cost, which implies that negative expectations have greater impact on lower rated Latin American nations' bonds; country risk yield spreads overreacted to changes in the US dollar interest rates in the sample period.Este artigo investiga o comportamento do conceito de prêmio de risco-país para Argentina, Brasil e México, de junho de 1997 até setembro de 1998. Mostra-se que tal prêmio é determinado pelos seguintes fatores: a estrutura do mercado de títulos de dívida em dólares norte-americanos; as restrições à aquisição de títulos de dívida impostas por agentes reguladores de países desenvolvidos; o risco de crédito mensurado pelo conceito de probabilidade de inadimplência risco-nêutra implícita; o modo como os agentes reagem à informação assimétrica ou imperfeita. A evidência empírica revela que: quanto pior a classificação de risco de crédito, maior é o impacto esperado sobre as condições de captação externa, implicando que expectativas desfavoráveis afetam de forma mais acentuada países com baixa classificação de crédito; o valor do spread representativo do risco-país mostrou-se superelástico à variação da taxa de juros de longo prazo do Tesouro norte-americano no período da amostra.

  17. Dearth by a Thousand Cuts? Accounting for Gender Differences in Top-Ranked Publication Rates in Social Psychology.

    Science.gov (United States)

    Cikara, Mina; Rudman, Laurie; Fiske, Susan

    2012-01-01

    Publication in the Journal of Personality and Social Psychology, a flagship indicator of scientific prestige, shows dramatic gender disparities. A bibliometric analysis included yoked-control authors matched for Ph.D. prestige and cohort. Though women publish less, at slower annual rates, they are more cited in handbooks and textbooks per JPSP-article-published. No gender differences emerged on variables reflecting differential qualifications. Many factors explain gender discrepancy in productivity. Among top publishers, per-year rate and first authorship especially differ by gender; rate uniquely predicts top-male productivity, whereas career-length uniquely predicts top-female productivity. Among men, across top-publishers and controls, productivity correlates uniquely with editorial negotiating and being married. For women, no personal variables predict productivity. A separate inquiry shows tiny gender differences in acceptance rates per JPSP article submitted; discrimination would be a small-but-plausible contributor, absent independent indicators of manuscript quality. Recent productivity rates mirror earlier gender disparities, suggesting gender gaps will continue.

  18. Analysis of Life Insurance Premium in Regard to Net Income as an Influencing Factor– the Case of the Republic of Serbia

    Directory of Open Access Journals (Sweden)

    Olja Munitlak Ivanović

    2013-12-01

    Full Text Available In current business conditions, insurance market in the Republic of Serbia notes positive but relatively slow growing trend. During the last few years, life insurance market in Serbia has an upward trend, however, it still significantly falls back in comparison to developed European countries. Insufficient development of life insurance sector is in direct relation to insufficient economic development, weak financial market, high unemployment rate and poor implementation of economic reforms. Additionally there is a problem due to the lack of both quality and quantity of education with insufficient basic knowledge of potentials that this type of insurance offers. The aim of this paper is to present the projection of life insurance premium on the basis of linear trend parameters and correlation degree between average net income and the amount of life insurance premium and to emphasize the necessity of intense development of life insurance market. Normal 0 false false false EN-US X-NONE X-NONE

  19. Productivity and impact of astronomical facilities: Three years of publications and citation rates

    Science.gov (United States)

    Trimble, V.; Ceja, J. A.

    2008-07-01

    In calendar years 2001 to 2003, 20 journals of astronomy and astrophysics published 11 831 papers that reported or analyzed observations at wavelengths from meter radio to ultrahigh energy gamma rays. These were cited 161 556 times in the three calendar years following publication, according to the Science Citation Index/Web of Science, for an average of 13.66 citations per paper or 4.55 citations per paper per year. We examine these numbers as a function of subject matter, wavelength bands, journals, and individual telescopes used and explore a small subset of possible temporal trends, anomalies, and sources of uncertainty, including blockbuster journals, papers and facilities. Many of the results resemble qualitative expectations. There are hot topics (cosmology, exoplanets) and not so hot topics (binary stars, planetary nebulae). Papers reporting data from space are cited a bit more often, and ground-based radio papers a bit less often, than optical papers, while multi-wavelength ones do noticeably better than average. The total number of telescopes involved is surprisingly large, approximately 350 optical and infrared (mostly ground-based but including HST because of its long life), 144 radio facilities on about 100 sites (including WMAP and COBE and a few balloon-borne CMB experiments), and 105 space-based detectors (including satellites, interplanetary probes, things carried on rockets, balloons, the Shuttle, and so forth). The outstanding telescopes are generally both stable with time and predictable. HST and the VLA are responsible for the largest number of optical and radio papers respectively, but the most frequently cited optical papers come from SDSS (by a wide margin), Keck, and the AAT, while the JCMT, Parkes and (especially) CMB observatories lead the radio brigade. Among things that fly, leadership changes more quickly, as missions are launched, vigorously exploited, and turned off, sometimes achieving geostationary, suboceanic orbits. If you have a

  20. An alternative computational method for finding the minimum-premium insurance portfolio

    Science.gov (United States)

    Katsikis, Vasilios N.

    2016-06-01

    In this article, we design a computational method, which differs from the standard linear programming techniques, for computing the minimum-premium insurance portfolio. The corresponding algorithm as well as a Matlab implementation are provided.

  1. The application of variable sampling method in the audit testing of insurance companies' premium income

    Directory of Open Access Journals (Sweden)

    Jovković Biljana

    2012-12-01

    Full Text Available The aim of this paper is to present the procedure of audit sampling using the variable sampling methods for conducting the tests of income from insurance premiums in insurance company 'Takovo'. Since the incomes from the insurance premiums from vehicle insurance and third-party vehicle insurance have the dominant share of the insurance company's income, the application of this method will be shown in the audit examination of these incomes - incomes from VI and TPVI premiums. For investigating the applicability of these methods in testing the income of other insurance companies, we shall implement the method of variable sampling in the audit testing of the premium income from the three leading insurance companies in Serbia, 'Dunav', 'DDOR' and 'Delta Generali' Insurance.

  2. A DEMAND-SUPPLY ANALYSIS OF THE SPANISH EDUCATION WAGE PREMIUM

    OpenAIRE

    Manuel A. Hidalgo

    2010-01-01

    This paper estimates education demand for Spain in order to analyze whether variations of the education wage premium between the 1980s and 1990s can be explained within the framework of a supply and demand model. The evidence reveals a stable pattern of growth in the demand for education throughout the eighties and nineties, empirically showing that differences in the evolution of the education wage premium during the two decades can be explained by varying growth in education supply coupled ...

  3. Spatial Risk Premium on Weather Derivatives and Hedging Weather Exposure in Electricity

    OpenAIRE

    Härdle, Wolfgang Karl; Osipenko, Maria

    2011-01-01

    Due to dependency of energy demand on temperature, weather derivatives enable the effective hedging of temperature related fluctuations. However, temperature varies in space and time and therefore the contingent weather derivatives also vary. The spatial derivative price distribution involves a risk premium. We examine functional principal components of temperature variation for this spatial risk premium. We employ a pricing model for temperature derivatives based on dynamics modelled via a v...

  4. What drives insurer participation and premiums in the Federally-Facilitated Marketplace?

    Science.gov (United States)

    Abraham, Jean Marie; Drake, Coleman; McCullough, Jeffrey S; Simon, Kosali

    2017-04-26

    We investigate determinants of market entry and premiums within the context of the Affordable Care Act's Marketplaces for individual insurance. Using Bresnahan and Reiss (1991) as the conceptual framework, we study how competition and firm heterogeneity relate to premiums in 36 states using Federally Facilitated or Supported Marketplaces in 2016. Our primary data source is the Qualified Health Plan Landscape File, augmented with market characteristics from the American Community Survey and Area Health Resource File as well as insurer-level information from federal Medical Loss Ratio annual reports. We first estimate a model of insurer entry and then investigate the relationship between a market's predicted number of entrants and insurer-level premiums. Our entry model results suggest that competition is increasing with the number of insurers, most notably as the market size increases from 3 to 4 entrants. Results from the premium regression suggest that each additional entrant is associated with approximately 4% lower premiums, controlling for other factors. An alternative explanation for the relationship between entrants and premiums is that more efficient insurers (who can price lower) are the ones that enter markets with many entrants, and this is reflected in lower premiums. An exploratory analysis of insurers' non-claims costs (a proxy for insurer efficiency) reveals that average costs among entrants are rising slightly with the number of insurers in the market. This pattern does not support the hypothesis that premiums decrease with more entrants because those entrants are more efficient, suggesting instead that the results are being driven mostly by price competition.

  5. College wage premium over time: trends in Europe in the last 15 years.

    OpenAIRE

    Elena Crivellaro

    2014-01-01

    While there has been intense debate in the empirical literature over the evolution of the college wage premium in the United States, its evolution in Europe has received little attention. This paper investigates the causes of the evolution of the college wage premium in 12 european countries from 1994 to 2009. I use cross country variation in relative supply, demand, and labour market institutions to examine their effects on the trend in wage inequality. I address possible concerns of endogen...

  6. Decline in Clostridium difficile-associated disease rates in Singapore public hospitals, 2006 to 2008

    Directory of Open Access Journals (Sweden)

    Krishnan Prabha

    2011-03-01

    Full Text Available Abstract Background Clostridium difficile is the major cause of pseudomembranous colitis associated with antibiotic use, and the spread of the hypervirulent epidemic ribotype 027/NAP-1 strain across hospitals worldwide has re-focused attention on this nosocomial pathogen. The overall incidence and trend of C. difficile-associated disease (CDAD in Singapore is unknown, and a surveillance program to determine these via formal laboratory-based reporting was established. Findings Laboratory and pharmacy data were collated from one tertiary and two secondary hospitals on a quarterly basis between 2006 and 2008. All hospitals tested for C. difficile using Immunocard Toxins A&B (Meridian Bioscience Inc., Cincinnati, OH during this period. Duplicate positive C. difficile results within a 14-day period were removed. The CDAD results were compared with trends in hospital-based prescription of major classes of antibiotics. Overall CDAD incidence-density decreased from 5.16 (95%CI: 4.73 - 5.62 cases per 10,000 inpatient-days in 2006 to 2.99 (95%CI: 2.67 to 3.33 cases per 10,000 inpatient-days in 2008 (p C. difficile testing increased significantly (p Conclusions Our results demonstrate a real decline of CDAD rates in three large local hospitals. The cause is unclear and is not associated with improved infection control measures or reduction in antibiotic prescription. Lack of C. difficile stool cultures as part of routine testing precluded determination of the decline of a major clone as a potential explanation. For more accurate epidemiological trending of CDAD and early detection of epidemic clones, data collection will have to be expanded and resources set in place for reference laboratory culture and typing.

  7. Investigating stakeholders' perceptions of the link between high STD rates and the current Baltimore City Public Schools' sex education curriculum

    Science.gov (United States)

    Bolden, Shenell L. T.

    The purpose of this exploratory study was to examine key stakeholders' perceptions of the current Baltimore City Public Schools' (BCPS) sex education curriculum and to gain insight into how they believe the curriculum could be modified to be more effective. A mixed methods approach using qualitative and quantitative data collection consisting of a survey, focus group interview, and individual interviews was conducted to gather information on stakeholders' perceptions. The stakeholders included: (1) former students who received their sex education courses in the Baltimore City Public School system (BCPS); (2) teachers in BCPS who were affiliated with the sex education curriculum; (3) health care professionals who screened and/or treated East Baltimore City residents for a sexually transmitted disease (STD) and; (4) one policy maker who was responsible for creating sex education curriculum at the national level. Analysis of the quantitative data from former Baltimore City Public School students revealed a general satisfaction with the current sex education curriculum. However, qualitative data from the same group of stakeholders revealed several changes they thought should be implemented into the program in an effort to improve the current curriculum. Findings from the other groups after qualitative analysis of the interviews suggest three major themes in support of curriculum change: (1) a blended curriculum that integrates both the cognitive and affective learning domains; (2) knowledge of prevention of STD's and pregnancy; and (3) authentic teaching and learning. Results from this study strongly suggest that the Baltimore City Public School system is apathetic to the sexual health needs of students and, therefore, is inadvertently contributing to the high rate of sexually transmitted diseases among young people. Keywords: Abstinence, Affective domain, Indoctrination, Behavior Modification, Cognitive domain, Sex education curriculum, Sexually Transmitted Diseases.

  8. Estimating organic, local, and other price premiums in the Hawaii fluid milk market.

    Science.gov (United States)

    Loke, Matthew K; Xu, Xun; Leung, PingSun

    2015-04-01

    With retail scanner data, we applied hedonic price modeling to explore price premiums for organic, local, and other product attributes of fluid milk in Hawaii. Within the context of revealed preference, this analysis of organic and local attributes, under a single unified framework, is significant, as research in this area is deficient in the existing literature. This paper finds both organic and local attributes delivered price premiums over imported, conventional, whole fluid milk. However, the estimated price premium for organic milk (24.6%) is significantly lower than findings in the existing literature. Likewise, the price premium for the local attribute is estimated at 17.4%, again substantially lower compared with an earlier, stated preference study in Hawaii. Beyond that, we estimated a robust price premium of 19.7% for nutritional benefits claimed. The magnitude of this estimated coefficient reinforces the notion that nutrition information on food is deemed beneficial and valuable. Finally, package size measures the influence of product weight. With each larger package size, the estimate led to a corresponding larger price discount. This result is consistent with the practice of weight discounting that retailers usually offer with fresh packaged food. Additionally, we estimated a fairly high Armington elasticity of substitution, which suggests a relatively high degree of substitution between local and imported fluid milk when their relative price changes. Overall, this study establishes price premiums for organic, local, and nutrition benefits claimed for fluid milk in Hawaii.

  9. Differing Impacts Of Market Concentration On Affordable Care Act Marketplace Premiums.

    Science.gov (United States)

    Scheffler, Richard M; Arnold, Daniel R; Fulton, Brent D; Glied, Sherry A

    2016-05-01

    Recent increases in market concentration among health plans, hospitals, and medical groups raise questions about what impact such mergers are having on costs to consumers. We examined the impact of market concentration on the growth of health insurance premiums between 2014 and 2015 in two Affordable Care Act state-based Marketplaces: Covered California and NY State of Health. We measured health plan, hospital, and medical group market concentration using the well-known Herfindahl-Hirschman Index (HHI) and used a multivariate regression model to relate these measures to premium growth. Both states exhibited a positive association between hospital concentration and premium growth and a positive (but not statistically significant) association between medical group concentration and premium growth. Our results for health plan concentration differed between the two states: It was positively associated with premium growth in New York but negatively associated with premium growth in California. The health plan concentration finding in Covered California may be the result of its selectively contracting with health plans.

  10. Singular boundary value problem for the integrodifferential equation in an insurance model with stochastic premiums: Analysis and numerical solution

    Science.gov (United States)

    Belkina, T. A.; Konyukhova, N. B.; Kurochkin, S. V.

    2012-10-01

    A singular boundary value problem for a second-order linear integrodifferential equation with Volterra and non-Volterra integral operators is formulated and analyzed. The equation is defined on ℝ+, has a weak singularity at zero and a strong singularity at infinity, and depends on several positive parameters. Under natural constraints on the coefficients of the equation, existence and uniqueness theorems for this problem with given limit boundary conditions at singular points are proved, asymptotic representations of the solution are given, and an algorithm for its numerical determination is described. Numerical computations are performed and their interpretation is given. The problem arises in the study of the survival probability of an insurance company over infinite time (as a function of its initial surplus) in a dynamic insurance model that is a modification of the classical Cramer-Lundberg model with a stochastic process rate of premium under a certain investment strategy in the financial market. A comparative analysis of the results with those produced by the model with deterministic premiums is given.

  11. Alcohol policy enforcement and changes in student drinking rates in a statewide public college system: a follow-up study

    Directory of Open Access Journals (Sweden)

    Harris Sion K

    2010-08-01

    Full Text Available Abstract Background Heavy alcohol use among U.S. college students is a major contributor to young adult morbidity and mortality. The aim of this study was to examine whether college alcohol policy enforcement levels predict changes in student drinking and related behaviors in a state system of public colleges and universities, following a system-wide change to a stricter policy. Methods Students and administrators at 11 Massachusetts public colleges/universities completed surveys in 1999 (N of students = 1252, one year after the policy change, and again in 2001 (N = 1074. We calculated policy enforcement scores for each school based on the reports of deans of students, campus security chiefs, and students, and examined the correlations between perceived enforcement levels and the change in student drinking rates over the subsequent two year period, after weighting the 2001 data to adjust for demographic changes in the student body. Results Overall rates of any past-30-days drinking, heavy episodic drinking, and usual heavy drinking among past-30-days drinkers were all lower in 2001 compared to 1999. School-level analyses (N = 11 found deans' baseline reports of stricter enforcement were strongly correlated with subsequent declines in heavy episodic drinking (Pearson's r = -0.73, p = 0.011. Moreover, consistently high enforcement levels across time, as reported by deans, were associated with greater declines in heavy episodic drinking. Such relationships were not found for students' and security chiefs' reports of enforcement. Marijuana use did not rise during this period of decline in heavy drinking. Conclusions Study findings suggest that stronger enforcement of a stricter alcohol policy may be associated with reductions in student heavy drinking rates over time. An aggressive enforcement stance by deans may be an important element of an effective college alcohol policy.

  12. Premium performance heating oil - Part 2, Field trial results

    Energy Technology Data Exchange (ETDEWEB)

    Jetter, S.M.; Hoskin, D.; McClintock, W.R. [Mobil Oil Corp., Paulsboro, NJ (United States)] [and others

    1996-07-01

    Limited field trial results of a heating oil additive package developed to minimize unscheduled maintenance indicate that it achieves its goal of keeping heating oil systems cleaner. The multifunctional additive package was developed to provide improved fuel oxidation stability, improved corrosion protection, and dispersency. This combination of performance benefits was chosen because we believed it would retard the formation of sludge, as well as allow sludge already present to be carried through the system without fouling the fuel system components (dispersency should keep sludge particles small so they pass through the filtering system). Since many unscheduled maintenance calls are linked to fouling of the fuel filtering system, the overall goal of this technology is to reduce these maintenance calls. Photographic evidence shows that the additive package not only reduces the amount of sludge formed, but even removes existing sludge from filters and pump strainers. This {open_quotes}clean-up{close_quotes} performance is provided trouble free: we found no indication that nozzle/burner performance was impaired by dispersing sludge from filters and pump strainers. Qualitative assessments from specific accounts that used the premium heating oil also show marked reductions in unscheduled maintenance.

  13. High rates of adherence and treatment success in a public and public-private HIV clinic in India: potential benefits of standardized national care delivery systems

    Directory of Open Access Journals (Sweden)

    Heylen Elsa

    2011-10-01

    Full Text Available Abstract Background The massive scale-up of antiretroviral treatment (ART access worldwide has brought tremendous benefit to populations affected by HIV/AIDS. Optimising HIV care in countries with diverse medical systems is critical; however data on best practices for HIV healthcare delivery in resource-constrained settings are limited. This study aimed to understand patient characteristics and treatment outcomes from different HIV healthcare settings in Bangalore, India. Methods Participants from public, private and public-private HIV healthcare settings were recruited between 2007 and 2009 and were administered structured interviews by trained staff. Self-reported adherence was measured using the visual analogue scale to capture adherence over the past month, and a history of treatment interruptions (defined as having missed medications for more than 48 hours in the past three months. In addition, CD4 count and viral load (VL were measured; genotyping for drug resistance-associated mutations was performed on those who were in virological failure (VL > 1000 copies/ml. Results A total of 471 individuals were included in the analysis (263 from the public facility, 149 from the public-private facility and 59 from the private center. Private facility patients were more likely to be male, with higher education levels and incomes. More participants reported ≥ 95% adherence among public and public-private groups compared to private participants (public 97%; private 88%; public-private 93%, p Conclusions Adherence and treatment success was significantly higher among patients from public and public-private settings compared with patients from private facilities. These results suggest a possible benefit of the standardized care delivery system established in public and public-private health facilities where counselling by a multi-disciplinary team of workers is integral to provision of ART. Strengthening and increasing public-private partnerships can

  14. The Volatility of Long-term Bond Returns: Persistent Interest Shocks and Time-varying Risk Premiums

    DEFF Research Database (Denmark)

    Osterrieder, Daniela; Schotman, Peter C.

    We develop a model that can match two stylized facts of the term-structure. The first stylized fact is the predictability of excess returns on long-term bonds. Modeling this requires sufficient volatility and persistence in the price of risk. The second stylized fact is that long-term yields...... are dominated by a level factor, which requires persistence in the spot interest rate. We find that a fractionally integrated process for the short rate plus a fractionally integrated specification for the price of risk leads to an analytically tractable almost affine term structure model that can explain...... the stylized facts. In a decomposition of long-term bond returns we find that the expectations component from the level factor is more volatile than the returns themselves. It therefore takes a volatile risk premium that is negatively correlated with innovations in the level factor to explain the volatility...

  15. Prevalence rates of hypertensive and obese children in a public elementary school in southern Minas Gerais State, Brazil

    Directory of Open Access Journals (Sweden)

    Nádia Bonfilio LIMA

    2012-01-01

    Full Text Available Many studies have disclosed that high blood pressure in adults is a disease that starts inchildhood. The aim of this study was to perform a survey about the prevalence rates of hypertensive andobese children in at a public elementary school in southern Minas Gerais, as well as to verify thecorrelation between weight alterations and blood pressure. We evaluated 274 children, from both genders,aged between 6 and 13, from October until December 2009. This study identified 7.3% prevalence ofhypertension among the evaluated children. Furthermore, it found a high percentage of obese individuals(16.4% overweight and 12.8% obese. Besides, the study showed a statistical tendency of increasingblood pressure levels due to increase in the BMI. These results show the importance of precociousdiagnosis of hypertension and the need of obesity prevention, and they remark the necessity of changes inthe present health care system for obtaining treatment turned to chronic conditions.

  16. —Does Demand Fall When Customers Perceive That Prices Are Unfair? The Case of Premium Pricing for Large Sizes

    OpenAIRE

    Eric T. Anderson; Duncan I. Simester

    2008-01-01

    We analyze a large-scale field test conducted with a mail-order catalog firm to investigate how customers react to premium prices for larger sizes of women's apparel. We find that customers who demand large sizes react unfavorably to paying a higher price than customers for small sizes. Further investigation suggests that these consumers perceive that the price premium is unfair. Overall, premium pricing led to a 6% to 8% decrease in gross profits.

  17. The Impact of Reinsurance Strategies on Capital Requirements for Premium Risk in Insurance

    Directory of Open Access Journals (Sweden)

    Gian Paolo Clemente

    2015-06-01

    Full Text Available New risk-based solvency requirements for insurance companies across European markets have been introduced by Solvency II and will come in force from 1 January 2016. These requirements, derived by a Standard Formula or an Internal Model, will be by far more risk-sensitive than the required solvency margin provided by the current legislation. In this regard, a Partial Internal Model for Premium Risk is developed here for a multi-line Non-Life insurer. We follow a classical approach based on a Collective Risk Model properly extended in order to consider not only the volatility of aggregate claim amounts but also expense volatility. To measure the effect of risk mitigation, suitable reinsurance strategies are pursued. We analyze how naïve coverage as conventional Quota Share and Excess of Loss reinsurance may modify the exact moments of the distribution of technical results. Furthermore, we investigate how alternative choices of commission rates in proportional treaties may affect the variability of distribution. Numerical results are also figured out in the last part of the paper with evidence of different effects for small and large companies. The main reasons for these differences are pointed out.

  18. Noise and Vibration Monitoring for Premium Efficiency IE 3 Three-Phase Induction Motors

    Directory of Open Access Journals (Sweden)

    NISTOR, C. G.

    2015-08-01

    Full Text Available The paper presents the original SV-100 platform that enables low-cost and very high accuracy determinations of noise and vibration levels. The aim of the proposed platform is to achieve an effective integration of the two topics of this analysis: vibrations and noises. To the best of our knowledge, no low price, dedicated compact platform with embedded measuring instruments exists. For proving the practical utility of the proposed platform, two induction motors of 7.5 kW and 11 kW, respectively, in single-layer winding, at 1000 rpm, with IE3 premium efficiency were analyzed. This analysis is required because, according to IEC60034-30 standard, the IE3 efficiency standard has become mandatory for induction motors of rated power greater than 7.5 kW. Therefore, in order to improve the motor operating efficiency, the power losses caused by noises and vibrations have to be reduced. Several variants of supply were studied, i.e., by the three-phase 50 Hz network and by a three-phase inverter at 40, 50 and 60 Hz, respectively. The experimental determinations of noises are presented comparatively, by using a Bruel&Kjaer sonometer and by using the new platform SV-100. The results are compared with the IEC60034 standard.

  19. 42 CFR 408.21 - Reduction in Medicare Part B premium as an additional benefit under Medicare+Choice plans.

    Science.gov (United States)

    2010-10-01

    .... After determining the Medicare Part B premium reduction amount for each eligible beneficiary, CMS will— (1) Transmit this information to the Social Security Administration, Railroad Retirement Board,...

  20. Publication rates in peer-reviewed journals of abstracts presented at the Oral and Maxillofacial Surgery Society of Turkey meetings 2007-2012.

    Science.gov (United States)

    Yolcu, Umit; Ozcan, Ayse

    2015-11-01

    The purpose of this study was to find out the rate of peer-reviewed publication of full papers of abstracts presented at the annual meeting of the Oral and Maxillofacial Surgery Society of Turkey, and to identify the time taken for publication, subspecialty, and study design. All abstracts accepted for presentation at the meetings in 2007-12 were identified from the books of abstracts, and evidence of publication was sought from PubMed and Google Scholar. The following variables were evaluated: publication rate, type of presentation (oral or poster), time to publication, subspecialty, study design, name of the journal in which the paper was published, impact factor of the journal, author affiliation, change in number of authors and origin of the study. A total of 1322 abstracts were presented between 2007 and 2012. Of these, 246 (19%) were subsequently published in peer-reviewed journals, including 110/390 oral presentations (28%) and 136/932 poster presentations (15%). Oral presentations were more likely to be published than poster presentations (p=0.000). The mean (SD) time from presentation to publication was 17 (15) months. Anatomical presentations had the highest publication rate (8/11), whereas orthognathic surgery had the lowest (5/67, 7%). Technical notes (5/9) and animal studies (32/70, 46%) were the most common types of publication. Only 246 of the 1322 abstracts (19%) were subsequently published as full papers, which is lower than previously reported in oral and maxillofacial surgery.

  1. Determinants of Medicare plan choices: are beneficiaries more influenced by premiums or benefits?

    Science.gov (United States)

    Jacobs, Paul D; Buntin, Melinda B

    2015-07-01

    To evaluate the sensitivity of Medicare beneficiaries to premiums and benefits when selecting healthcare plans after the introduction of Part D. We matched respondents in the 2008 Medicare Current Beneficiary Survey to the Medicare Advantage (MA) plans available to them using the Bid Pricing Tool and previously unavailable data on beneficiaries' plan choices. We estimated a 2-stage nested logit model of Medicare plan choice decision making, including the decision to choose traditional fee-for-service (FFS) Medicare or an MA plan, and for those choosing MA, which specific plan they chose. Beneficiaries living in areas with higher average monthly rebates available from MA plans were more likely to choose MA rather than FFS. When choosing MA plans, beneficiaries are roughly 2 to 3 times more responsive to dollars spent to reduce cost sharing than reductions in their premium. We calculated an elasticity of plan choice with respect to the monthly MA premium of -0.20. Beneficiaries with lower incomes are more sensitive to plan premiums and cost sharing than higher-income beneficiaries. MA plans appear to have a limited incentive to aggressively price their products, and seem to compete primarily over reduced beneficiary cost sharing. Given the limitations of the current plan choice environment, policies designed to encourage the selection of lower-cost plans may require increasing premium differences between plans and providing the tools to enable beneficiaries to easily assess those differences.

  2. What is the Ultimate Fate of Presented Abstracts? Conversion Rates of Presentations to International Publications from the 31st National Congress of Plastic, Reconstructive, and Aesthetic Surgery

    Directory of Open Access Journals (Sweden)

    Burak Ersoy

    2016-03-01

    Full Text Available Objective: Oral and poster presentations held at national congresses are regarded as important means for sharing of latest scientific data and personal experiences. However, many ideas shared at annual conferences fail to be published. The objective of this study was to examine the publication rate of presentations held at the 31st National Congress of the Turkish Society of Plastic Reconstructive and Aesthetic Surgeons and to analyze various factors associated with publication. Material and Methods: The PubMed database was searched for peer-reviewed publications, corresponding to abstracts presented at the 2009 congress. For all abstracts, parameters including presentation type, topic, institution, author details, publication time, journal name, and impact factor were recorded. Collected data were analyzed using chi-square, Mann–Whitney U, and Kruskal–Wallis tests for statistical significance. Results: In five years 16.8% of 569 proceedings were published in international peer-reviewed journals. The mean time to publication following the congress was 22 months (1–57 months for 75 presentations, whereas 21 proceedings had been published prior to the congress. Compared with posters, the publication rate for oral presentations was significantly greater (30.5% vs. 13.3%; p<0.001. The type of institution had no significant effect on the publication rate. Conclusion: The overall publication rate for the 31st National Plastic Surgery Congress was found to be similar with other Turkish-based studies, but was somewhat lower than that of international counterparts. The significant difference found between the publication rates of oral and poster presentations was interpretted as a positive sign demonstrating a relatively higher level of scientific value and appeal.

  3. The Optimal Interest Rates and the Current Interest Rate System

    Directory of Open Access Journals (Sweden)

    Ioannis N. Kallianiotis

    2014-12-01

    Full Text Available The paper discusses the current target interest rate, which is closed to zero with the new experiment of quantitative easing since 2009 and has reduced the rate of return and the income and has made the real savings rate negative. This target rate has not reduced unemployment and has not improved growth (it is not optimal, but has increased the debt of individuals and the low taxes on businesses have magnified the budget deficits and the national debt. People were borrowing the present value of their uncertain future wealth and their high debt and low income raise the risk and this high risk premium heighten the interest rate on loans, especially on credit cards. The current monetary system needs to be changed and an interest rate floor on deposits (savings and an interest rate ceiling on individuals‟ loans (borrowings is necessary to improve social welfare, fairness, and justice in our society and not to support only disintermediation (financial markets. The middle class cannot work only to pay taxes and interest on its debt (redistribution of their wealth to government and banks or worse to be in chronic unemployment. Many home owners defaulted on their loans payments and their homes are foreclosed. They will end up without property (real assets. The unconcern towards the middle class will affect negatively the entire socio-economic structure of the nation and after losing its productive power, it will start declining, as history has shown to us with so many empires that do not exist anymore. We hope the leaders (the democratic governments to improve public policies, to regulate the financial market and institutions, and to satisfy their policy ultimate objective, which is citizens‟ perfection and the nation‟s highest point of prosperity.

  4. Effect of the Transcendental Meditation Program on Graduation, College Acceptance and Dropout Rates for Students Attending an Urban Public High School

    Science.gov (United States)

    Colbert, Robert D.

    2013-01-01

    High school graduation rates nationally have declined in recent years, despite public and private efforts. The purpose of the current study was to determine whether practice of the Quiet Time/Transcendental Meditation® program at a medium-size urban school results in higher school graduation rates compared to students who do not receive training…

  5. Effect of the Transcendental Meditation Program on Graduation, College Acceptance and Dropout Rates for Students Attending an Urban Public High School

    Science.gov (United States)

    Colbert, Robert D.

    2013-01-01

    High school graduation rates nationally have declined in recent years, despite public and private efforts. The purpose of the current study was to determine whether practice of the Quiet Time/Transcendental Meditation® program at a medium-size urban school results in higher school graduation rates compared to students who do not receive training…

  6. An exploratory analysis of cigarette price premium, market share and consumer loyalty in relation to continued consumption versus cessation in a national US panel.

    Science.gov (United States)

    Lewis, Michael; Wang, Yanwen; Cahn, Zachary; Berg, Carla J

    2015-11-03

    Brand equity and consumer loyalty play a role in continued purchasing behaviour; however, this research has largely focused on non-addictive products without counter-marketing tactics. We examined the impact of brand equity (price premium, market share) and consumer loyalty (switching rates) on smoking cessation (discontinued cigarette purchases for 1 year) among smokers in a consumer panel. In Spring 2015, we analysed 1077 cigarette-purchasing households in the Nielsen Homescan Panel. We analysed cessation in relation to brand equity, consumer loyalty, other purchasing behaviours (nicotine intake, frequency), sociodemographics and tobacco control activities (per state-specific data) over a 6-year period (2004-2009) using Cox proportional hazard modelling. The sample was 13.28% African-American; the average income was $52,334 (SD=31,445). The average price premium and market share of smokers' dominant brands were $1.31 (SD=0.49) and 15.41% (SD=19.15), respectively. The mean brand loyalty level was 0.90 (SD=0.17), indicating high loyalty. In our final model, a higher price premium and market share were associated with lower quit rates (p=0.039); however, an interaction effect suggested that greater market share was not associated with lower cessation rates for African-American smokers (p=0.006). Consumer loyalty was not associated with cessation. Other predictors of lower quit rates included a higher nicotine intake (p=0.006) and baseline purchase frequency (pconsumer relationships. Thus, continued efforts should aim to regulate tobacco marketing efforts in order to disrupt these relationships to promote cessation. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/

  7. An exploratory analysis of cigarette price premium, market share and consumer loyalty in relation to continued consumption versus cessation in a national US panel

    Science.gov (United States)

    Lewis, Michael; Wang, Yanwen; Cahn, Zachary; Berg, Carla J

    2015-01-01

    Introduction Brand equity and consumer loyalty play a role in continued purchasing behaviour; however, this research has largely focused on non-addictive products without counter-marketing tactics. We examined the impact of brand equity (price premium, market share) and consumer loyalty (switching rates) on smoking cessation (discontinued cigarette purchases for 1 year) among smokers in a consumer panel. Methods In Spring 2015, we analysed 1077 cigarette-purchasing households in the Nielsen Homescan Panel. We analysed cessation in relation to brand equity, consumer loyalty, other purchasing behaviours (nicotine intake, frequency), sociodemographics and tobacco control activities (per state-specific data) over a 6-year period (2004–2009) using Cox proportional hazard modelling. Results The sample was 13.28% African-American; the average income was $52 334 (SD=31 445). The average price premium and market share of smokers’ dominant brands were $1.31 (SD=0.49) and 15.41% (SD=19.15), respectively. The mean brand loyalty level was 0.90 (SD=0.17), indicating high loyalty. In our final model, a higher price premium and market share were associated with lower quit rates (p=0.039); however, an interaction effect suggested that greater market share was not associated with lower cessation rates for African-American smokers (p=0.006). Consumer loyalty was not associated with cessation. Other predictors of lower quit rates included a higher nicotine intake (p=0.006) and baseline purchase frequency (pmarketing efforts in order to disrupt these relationships to promote cessation. PMID:26534732

  8. Rate and predictors of the conversion of abstracts presented at the Canadian Cardiovascular Congress scientific meetings to full peer-reviewed publications.

    Science.gov (United States)

    Abuzeid, Wael; Fosbøl, Emil L; Fosbøl, Philip L; Fosbøl, Marie; Zarinehbaf, Sanaz; Ross, Heather; Ko, Dennis T; Bennell, Maria C; Wijeysundera, Harindra C

    2013-11-01

    The rate of conversion of abstracts presented at scientific meetings into peer-reviewed published manuscripts is an important metric for medical societies, because it facilitates translation of scientific knowledge into practice. We determined the rate and predictors of conversion of scientific abstracts presented at the Canadian Cardiovascular Congress (CCC) from 2006 to 2010 into peer-reviewed article publications within 2 years of their initial presentation. Using a previously validated computer algorithm, we searched the International Statistical Institute Web of Science to identify peer-reviewed full manuscript publications of these abstracts. A multivariable logistic regression was used to identify independent factors associated with successful publication. From 2006 to 2010, 3565 abstracts were presented at the CCC. Overall 24.1% of presented abstracts were published within 2 years of the conference. Mean impact factor for publications was 5.2 (range, 0.4-53.2). The type of presentation (for poster vs oral; odds ratio, 0.71; 95% confidence interval, 0.60-0.83; P publication. Late breaking abstracts and those related to cancer and clinical sciences were more likely to be published, compared with prevention, vascular biology, and pediatrics. In conclusion, the publication rate at the CCC is only marginally lower than that reported for large international North American and European cardiology conferences (30.6%). Efforts should focus on several identified barriers to improve conversion of abstracts to full report publication. Copyright © 2013 Canadian Cardiovascular Society. Published by Elsevier Inc. All rights reserved.

  9. Create a Consortium and Develop Premium Carbon Products from Coal

    Energy Technology Data Exchange (ETDEWEB)

    Frank Rusinko; John Andresen; Jennifer E. Hill; Harold H. Schobert; Bruce G. Miller

    2006-01-01

    The objective of these projects was to investigate alternative technologies for non-fuel uses of coal. Special emphasis was placed on developing premium carbon products from coal-derived feedstocks. A total of 14 projects, which are the 2003 Research Projects, are reported herein. These projects were categorized into three overall objectives. They are: (1) To explore new applications for the use of anthracite in order to improve its marketability; (2) To effectively minimize environmental damage caused by mercury emissions, CO{sub 2} emissions, and coal impounds; and (3) To continue to increase our understanding of coal properties and establish coal usage in non-fuel industries. Research was completed in laboratories throughout the United States. Most research was performed on a bench-scale level with the intent of scaling up if preliminary tests proved successful. These projects resulted in many potential applications for coal-derived feedstocks. These include: (1) Use of anthracite as a sorbent to capture CO{sub 2} emissions; (2) Use of anthracite-based carbon as a catalyst; (3) Use of processed anthracite in carbon electrodes and carbon black; (4) Use of raw coal refuse for producing activated carbon; (5) Reusable PACs to recycle captured mercury; (6) Use of combustion and gasification chars to capture mercury from coal-fired power plants; (7) Development of a synthetic coal tar enamel; (8) Use of alternative binder pitches in aluminum anodes; (9) Use of Solvent Extracted Carbon Ore (SECO) to fuel a carbon fuel cell; (10) Production of a low cost coal-derived turbostratic carbon powder for structural applications; (11) Production of high-value carbon fibers and foams via the co-processing of a low-cost coal extract pitch with well-dispersed carbon nanotubes; (12) Use of carbon from fly ash as metallurgical carbon; (13) Production of bulk carbon fiber for concrete reinforcement; and (14) Characterizing coal solvent extraction processes. Although some of the

  10. High School Five-Year Graduation Rates, Wake County Public School System (WCPSS): 2009-10. Measuring Up. E&R Report No. 11.11

    Science.gov (United States)

    Haynie, Glenda

    2011-01-01

    In 2009-10, the North Carolina Department of Public Instruction was approved to include a five-year graduation rate as well as a four-year rate in determining if schools, districts, and the state made Adequate Yearly Progress (AYP) under the NCLB Act. This rate was based on the incoming 9th grade students of 2005-06. The denominator of the cohort…

  11. What should be the basis for compulsory and optional health insurance premiums? Opinions of Swiss doctors.

    Science.gov (United States)

    Jannot, Anne-Sophie; Perneger, Thomas V

    2014-02-04

    Little is known about doctors' opinions on how to finance health services. In Switzerland, mandatory basic health insurance currently uses regional flat fees that are unrelated to health and ability to pay, and optional complementary insurance uses risk-based premiums. Our objective was to assess Swiss physicians' opinions on what should determine health insurance premiums. We surveyed doctors in the canton of Geneva, Switzerland, about the desirable funding mechanism for mandatory health insurance and complementary health insurance. The proposed determinants of insurance premiums were current health and past medical history, lifestyle, healthcare costs in the previous year, genetic susceptibility to disease, regional average healthcare costs, household income, and wealth and demographic characteristics. Among the 1,516 respondents, only a few (health insurance premium should depend on health risk (health status, previous costs, genetics, and age and sex). More than 30% of respondents supported premiums based on lifestyle (34.6%), regional average health expenditures (31.2%), and household income and wealth (39.6%). For complementary health insurance, most respondents supported premiums based on lifestyle (74.6%) and on health risk (46.4%), but surprisingly also on household income and wealth (44.9%) and regional average health expenditures (39.4%). The characteristic most influencing the answers was the medical specialty. Doctors' opinions about healthcare financing mechanisms varied considerably, for both mandatory and complementary health insurance. Lifestyle was a surprisingly frequent choice, even though this criterion is not currently used in Switzerland. Ability to pay was not supported by the majority.

  12. The effects of premium changes on ALL Kids, Alabama's CHIP program.

    Science.gov (United States)

    Morrisey, Michael A; Blackburn, Justin; Sen, Bisakha; Becker, David; Kilgore, Meredith L; Caldwell, Cathy; Menachemi, Nir

    2012-01-01

    Describe the trends in enrollment and renewal in the Alabama Children's Health Insurance Plan (CHIP), ALL Kids, since its creation in 1998, and to estimate the effect that an annual premium increase, along with coincident increases in service copays, had on the decision to renew participation. Unlike many other CHIP programs, ALL Kids is a standalone program that provides year long enrollment and contracts with the state's Blue Cross and Blue Shield program for its network of providers and its provider fee structure. In October 2003 premiums for individual coverage were increased by $50 per year and copays by $1 to $3 per visit. This study is based upon a sample of 569,650 person-year observations of 230,255 children enrolled in the ALL Kids program between 1999 and 2009. The study models enrollment as a time series of cross section renewal decisions and specifies a series of linear probability regression models to estimate the effect of changes in the premium shift on the decision to renew. A second analysis includes interaction effects of the premiums shift with demographics, health status, income and previous enrollment to estimate differential response across subgroups. The increases in premiums and copays are estimated to have reduced program renewals by 6.1 to 8.3 percent depending upon how much time one allows for families to renew. Families with a child who has a chronic condition were more likely to renew coverage. However, those with chronic conditions, African-Americans and those with lower family incomes were more price-sensitive. An increase in annual premiums and visit copays had a modest impact on program reenrollment with effects comparable to those found in Florida, New Hampshire, Kansas and Arizona, but smaller than those in Kentucky and Georgia.

  13. The Inequity of Bariatric Surgery: Publicly Insured Patients Undergo Lower Rates of Bariatric Surgery with Worse Outcomes.

    Science.gov (United States)

    Hennings, Dietric L; Baimas-George, Maria; Al-Quarayshi, Zaid; Moore, Rachel; Kandil, Emad; DuCoin, Christopher G

    2017-06-30

    Bariatric surgery has been shown to be the most effective method of achieving weight loss and alleviating obesity-related comorbidities. Yet, it is not being used equitably. This study seeks to identify if there is a disparity in payer status of patients undergoing bariatric surgery and what factors are associated with this disparity. We performed a case-control analysis of National Inpatient Sample. We identified adults with body mass index (BMI) greater than or equal to 25 kg/m(2) who underwent bariatric surgery and matched them with overweight inpatient adult controls not undergoing surgery. The sample was analyzed using multivariate logistic regression. We identified 132,342 cases, in which the majority had private insurance (72.8%). Bariatric patients were significantly more likely to be privately insured than any other payer status; Medicare- and Medicaid-covered patients accounted for a low percentage of cases (Medicare 5.1%, OR 0.33, 95% CI 0.29-0.37, p bariatric surgery had an increased risk of complications compared to privately insured patients. Publicly insured patients are significantly less likely to undergo bariatric surgery. As a group, these patients experience higher rates of obesity and related complications and thus are most in need of bariatric surgery.

  14. 77 FR 34854 - Prevailing Rate Systems; Special Wage Schedules for Nonappropriated Fund Automotive Mechanics

    Science.gov (United States)

    2012-06-12

    ... for advising OPM on matters concerning the pay of FWS employees. These NAF set-aside pay practices are... special schedules. Effect on Employee Benefits The flat rate pay plan would not change how premium...

  15. 26 CFR 1.401(e)-4 - Contributions for premiums on annuity, etc., contracts and transitional rule for certain excess...

    Science.gov (United States)

    2010-04-01

    ... made under a qualified pension, annuity, or profit-sharing plan on behalf of a self-employed individual... 26 Internal Revenue 5 2010-04-01 2010-04-01 false Contributions for premiums on annuity, etc... TAXES Pension, Profit-Sharing, Stock Bonus Plans, Etc. § 1.401(e)-4 Contributions for premiums...

  16. Exact and asymptotic results for insurance risk models with surplus-dependent premiums

    CERN Document Server

    Albrecher, Hansjörg; Palmowski, Zbigniew; Regensburger, Georg; Rosenkranz, Markus

    2011-01-01

    In this paper we develop a symbolic technique to obtain asymptotic expressions for ruin probabilities and discounted penalty functions in renewal insurance risk models when the premium income depends on the present surplus of the insurance portfolio. The analysis is based on boundary problems for linear ordinary differential equations with variable coefficients. The algebraic structure of the Green's operators allows us to develop an intuitive way of tackling the asymptotic behavior of the solutions, leading to exponential-type expansions and Cram\\'er-type asymptotics. Furthermore, we obtain closed-form solutions for more specific cases of premium functions in the compound Poisson risk model.

  17. Value Premium and Country Risk as Dimensions to Estimate Conditional Returns: a Study of the Brazilian Market

    Directory of Open Access Journals (Sweden)

    Lilian de Castro Medeiros

    2015-01-01

    Full Text Available Asset pricing is a widely explored theme in the financial literature. Nevertheless, the phenomenon of value premium is still controversial, since although easily detected in developed and emerging markets, little is know about the economic forces that explain its existence. In this context, this article examines value premium in the Brazilian market and investigates the influence of the country risk variable as an additional risk factor for estimating conditional returns in this market not captured by value premium. For that, we employ a five-factor model, formulated by adding the country risk factor to the model of Carhart (1997. We apply the statistical procedure adopted by Fama & French (1993 to the period between 1994 and 2012, with data on nonfinancial companies listed on the BM&FBovespa. The results confirm the existence of value premium in the Brazilian market, and country risk and value premium together are significant factors to explain conditional returns.

  18. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 4

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Shea, Winton

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or {approx}28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In

  19. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 3

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Shea, Winton

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or ~28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In addition to

  20. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 2

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Winton, Shea

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or ~28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In addition to

  1. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 1

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Winton, Shea

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or ~28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In addition to

  2. An Industrial-Based Consortium to Develop Premium Carbon Products from Coal Final Report - Part 5

    Energy Technology Data Exchange (ETDEWEB)

    Miller, Bruce; Shea, Winton

    2010-12-31

    Since 1998, The Pennsylvania State University successfully managed the Consortium for Premium Carbon Products from Coal (CPCPC), which was a vehicle for industry-driven research on the promotion, development, and transfer of innovative technologies on premium carbon products from coal to the U.S. industry. The CPCPC was an initiative led by Penn State, its cocharter member West Virginia University (WVU), and the U.S. Department of Energy's (DOE) National Energy Technology Laboratory (NETL), who also provided the base funding for the program, with Penn State responsible for consortium management. CPCPC began in 1998 under DOE Cooperative Agreement No. DE-FC26-98FT40350. This agreement ended November 2004 but the CPCPC activity continued under cooperative agreement No. DE-FC26-03NT41874, which started October 1, 2003 and ended December 31, 2010. The objective of the second agreement was to continue the successful operation of the CPCPC. The CPCPC enjoyed tremendous success with its organizational structure, which included Penn State and WVU as charter members, numerous industrial affiliate members, and strategic university affiliate members together with NETL, forming a vibrant and creative team for innovative research in the area of transforming coal to carbon products. The key aspect of CPCPC was its industry-led council that selected proposals submitted by CPCPC members to ensure CPCPC target areas had strong industrial support. CPCPC had 58 member companies and universities engaged over the 7-year period of this contract. Members were from 17 states and five countries outside of the U.S. During this period, the CPCPC Executive Council selected 46 projects for funding. DOE/CPCPC provided $3.9 million in funding or an average of $564,000 per year. The total project costs were $5.45 million with $1.5 million, or {approx}28% of the total, provided by the members as cost share. Total average project size was $118,000 with $85,900 provided by DOE/CPCPC. In

  3. 38 CFR 8.15 - Provision for paid-up insurance; other than 5-year level premium term or limited convertible 5...

    Science.gov (United States)

    2010-07-01

    ... Service Life Insurance policy on any plan other than 5-year level premium term or limited convertible 5... insurance; other than 5-year level premium term or limited convertible 5-year level premium term policies. 8... SERVICE LIFE INSURANCE Extended Term and Paid-up Insurance § 8.15 Provision for paid-up insurance;...

  4. Emotions, Public Opinion, and U.S. Presidential Approval Rates: A 5-Year Analysis of Online Political Discussions

    Science.gov (United States)

    Gonzalez-Bailon, Sandra; Banchs, Rafael E.; Kaltenbrunner, Andreas

    2012-01-01

    This article examines how emotional reactions to political events shape public opinion. We analyze political discussions in which people voluntarily engage online to approximate the public agenda: Online discussions offer a natural approach to the salience of political issues and the means to analyze emotional reactions as political events take…

  5. An Analysis of the Relationship between Monetary-Exchange Rate Policies and the Public Debt and Theirs Effects on Inflation and Economic Growth in Iran

    Directory of Open Access Journals (Sweden)

    Sara Ghobadi

    2011-01-01

    Full Text Available Governments attempt to achieve the goals of low inflation rate and sustainable economic growth rate. The objective of this study is to analyze the roles of determinants such as the liquidity of money, weighted average of interest (profit rate on banking deposits, exchange rate and the public debt on inflation and economic growth in Iran, using the quarterly data during the period of 1989-2008. This study is based on the theoretical works of the Sargent and Wallace (1981 by focusing on the ‘Fiscal Theory of Price Level (FTPL’ approach. In this study, through relying on the structural relationship between variables and economic shocks, while applying the required constraints, the constructed models are estimated by VECM and SVEM methods. Findings of the study are consistent with both the quantity theory of money as it was interpreted with Sargent and Wallace (1981 and the FTPL. More specifically, the inflation rate is largely affected by monetary–exchange rate policies as well as by fiscal policy. Although, the weighted average of interest sate does not play a significant role in the long–run relationship, a rise in public debt through increasing the liquidity of money plays a significant role in rising price level. But, a significant long sun relationship between the changes in the liquidity of money, interest rate, the public debt and the change in output level does not exist. The economic growth does respond mainly to the technological shocks and factors productivity improvements. In general, we conclude that the inappropriate monetary and exchange rate policies and the rise in public debt through fiscal policy are the main determinants of the inflation rate in the Iranian economy.

  6. An Analysis of the Relationship between Monetary-Exchange Rate Policies and the Public Debt and Theirs Effects on Inflation and Economic Growth in Iran

    OpenAIRE

    Sara Ghobadi; Akbar Komijani

    2011-01-01

    Governments attempt to achieve the goals of low inflation rate and sustainable economic growth rate. The objective of this study is to analyze the roles of determinants such as the liquidity of money, weighted average of interest (profit) rate on banking deposits, exchange rate and the public debt on inflation and economic growth in Iran, using the quarterly data during the period of 1989-2008. This study is based on the theoretical works of the Sargent and Wallace (1981) by focusing on the ‘...

  7. 26 CFR 1.822-10 - Amortization of premium and accrual of discount.

    Science.gov (United States)

    2010-04-01

    ... companies by section 818(b)(1), as amended by the Life Insurance Company Income Tax Act of 1959 (73 Stat... (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Mutual Insurance Companies (other Than Life and Certain... premium required in the computation of taxable investment income by a company subject to the tax imposed...

  8. 75 FR 21329 - Medicaid Program; State Allotments for Payment of Medicare Part B Premiums for Qualifying...

    Science.gov (United States)

    2010-04-23

    ...), specified low-income Medicare ] beneficiaries (SLMBs), and qualified disabled and working individuals (QDWIs... Medicaid whose family income is at least 120 percent but less than 135 percent of the poverty level. With..., among the States, Federal funds to provide Medicaid payment for Medicare Part B premiums for low-...

  9. 77 FR 15319 - Treasury Inflation-Protected Securities Issued at a Premium; Hearing Cancellation

    Science.gov (United States)

    2012-03-15

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 RIN 1545-BK45 Treasury Inflation-Protected Securities Issued at a Premium; Hearing Cancellation AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Cancellation...

  10. 76 FR 75829 - Treasury Inflation-Protected Securities Issued at a Premium

    Science.gov (United States)

    2011-12-05

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 RIN 1545-BK45 Treasury Inflation-Protected Securities Issued at a Premium AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of proposed rulemaking by...

  11. 76 FR 75781 - Treasury Inflation-Protected Securities Issued at a Premium

    Science.gov (United States)

    2011-12-05

    ... From the Federal Register Online via the Government Publishing Office DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 RIN 1545-BK46 Treasury Inflation-Protected Securities Issued at a Premium AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Temporary regulations. SUMMARY:...

  12. Children's health insurance program premiums adversely affect enrollment, especially among lower-income children.

    Science.gov (United States)

    Abdus, Salam; Hudson, Julie; Hill, Steven C; Selden, Thomas M

    2014-08-01

    Both Medicaid and the Children's Health Insurance Program (CHIP), which are run by the states and funded by federal and state dollars, offer health insurance coverage for low-income children. Thirty-three states charged premiums for children at some income ranges in CHIP or Medicaid in 2013. Using data from the 1999-2010 Medical Expenditure Panel Surveys, we show that the relationship between premiums and coverage varies considerably by income level and by parental access to employer-sponsored insurance. Among children with family incomes above 150 percent of the federal poverty level, a $10 increase in monthly premiums is associated with a 1.6-percentage-point reduction in Medicaid or CHIP coverage. In this income range, the increase in uninsurance may be higher among those children whose parents lack an offer of employer-sponsored insurance than among those whose parents have such an offer. Among children with family incomes of 101-150 percent of poverty, a $10 increase in monthly premiums is associated with a 6.7-percentage-point reduction in Medicaid or CHIP coverage and a 3.3-percentage-point increase in uninsurance. In this income range, the increase in uninsurance is even larger among children whose parents lack offers of employer coverage. Project HOPE—The People-to-People Health Foundation, Inc.

  13. 76 FR 38389 - Policy Statement Concerning Adjustments to the Insurance Premiums and Policy Statement on the...

    Science.gov (United States)

    2011-06-30

    ... Act and clarify the effect of the premium provisions of the Act as amended by the FCE Act. See 74 FR... Credit System demonstrates good health and sound risk management and other conditions warrant, and raise... quality of capital, earnings, asset growth, asset quality, loss allowance levels, asset...

  14. Perception and description of premium beers by panels with different degrees of product expertise

    DEFF Research Database (Denmark)

    Giacalone, Davide; Ribeiro, Leticia Machado; Frøst, Michael Bom

    2016-01-01

    The present study compares subjects with varying degrees of product expertise with regards to their ability to provide a sensory profile of beverages. Eight premium beers were evaluated by three different panels using a Napping® test, followed by a descriptive task. Two panels were constituted of...

  15. 78 FR 59366 - Multifamily, Healthcare Facilities, and Hospital Mortgage Insurance Premiums for Fiscal Year (FY...

    Science.gov (United States)

    2013-09-26

    ... insurance premiums (MIPs) for Federal Housing Administration (FHA) Multifamily, Healthcare Facilities, and... MIPs are the same as in FY 2013. In addition, the Notice clarifies that conventional or FHA-insured... affordability criteria as defined in this Notice, are eligible for the LIHTC MIPs as are projects with new...

  16. 5 CFR 9901.363 - Premium pay for health care personnel.

    Science.gov (United States)

    2010-01-01

    ... status. (6) An employee may not be charged leave during periods of regularly scheduled on-call duty; nor may such an employee receive on-call premium pay when, because of leave or other authorized absence... LABOR RELATIONS SYSTEMS (DEPARTMENT OF DEFENSE-OFFICE OF PERSONNEL MANAGEMENT) DEPARTMENT OF...

  17. 75 FR 16645 - Increase in the Primary Nuclear Liability Insurance Premium

    Science.gov (United States)

    2010-04-02

    ... COMMISSION 10 CFR Part 140 RIN 3150-AI74 Increase in the Primary Nuclear Liability Insurance Premium AGENCY... amending its regulations that govern financial protection requirements and indemnity agreements to increase... increase to $375 million, based on an adjustment by American Nuclear Insurers (ANI), which currently writes...

  18. Education Premiums and Skilled Migration in Mexico: Lessons for an Educational Policy

    Science.gov (United States)

    Tigau, Camelia; Guerra, Bernardo Bolaños

    2015-01-01

    This paper examines the relationship between skills prices (wage premiums) and inequality in migrant sending countries (mainly from Latin America) and explores the implications for education policies. Most of the evidence is based on the case of Mexico, a Latin American country that is also an Organisation for Economic Co-operation and Development…

  19. 26 CFR 1.822-3 - Amortization of premium and accrual of discount.

    Science.gov (United States)

    2010-04-01

    ... held by a mutual insurance company subject to the tax imposed by section 821. Such amortization and... 26 Internal Revenue 8 2010-04-01 2010-04-01 false Amortization of premium and accrual of discount... (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Mutual Insurance Companies (other Than Life and...

  20. Factors influencing buyers' willingness to offer price premiums for carbon credits sourced from urban forests

    Science.gov (United States)

    N.C. Poudyal; J.M. Bowker; J.P. Siry

    2015-01-01

    Marketing carbon offset credits generated by urban forest projects could help cities and local governments achieve their financial self-sufficiency and environmental sustainability goals. Understanding the value of carbon credits sourced from urban forests, and the factors that determine buyers’ willingness to pay a premium for such credits could benefit cities in...

  1. 24 CFR 220.806 - Pro rata refund of insurance premium.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance... AREAS Contract Rights and Obligations-Projects Insured Project Improvement Loans § 220.806 Pro rata... equal to the pro rata portion of the current annual loan insurance premium theretofore paid which...

  2. Spending the Primary Physical Education and Sport Premium: A West Midlands Case Study

    Science.gov (United States)

    Griggs, Gerald

    2016-01-01

    In March 2013 the government announced that it was to provide funding to improve provision of Physical Education and sport in primary schools in England. Entitled The Primary Physical Education and Sport Premium, this ring-fenced annual funding has been allocated to schools that are free to choose how the money is spent but are accountable for its…

  3. 76 FR 79177 - Policy Statement Concerning Adjustments to the Insurance Premiums and Policy Statement on the...

    Science.gov (United States)

    2011-12-21

    ... impact of governmental farm policy and the effect of the globalization of agriculture on opportunities... regulations that were inconsistent with the FCE Act and clarify the effect of the premium provisions of the Act as amended by the FCE Act. See 74 FR 28156 (June 15, 2009); 74 FR 17371 (April 15, 2009).\\1\\...

  4. Estimating consumer willingness to pay a price premium for Alaska secondary wood products.

    Science.gov (United States)

    Geoffrey H. Donovan; David L. Nicholls

    2003-01-01

    Dichotomous choice contingent valuation survey techniques were used to estimate mean willingness to pay (WTP) a price premium for made-in-Alaska secondary wood products. Respondents were asked to compare two superficially identical end tables, one made in China and one made in Alaska. The surveys were administered at home shows in Anchorage, Fairbanks, and Sitka in...

  5. On Mean-Variance Hedging of Bond Options with Stochastic Risk Premium Factor

    NARCIS (Netherlands)

    Aihara, ShinIchi; Bagchi, Arunabha; Kumar, Suresh K.

    2014-01-01

    We consider the mean-variance hedging problem for pricing bond options using the yield curve as the observation. The model considered contains infinite-dimensional noise sources with the stochastically- varying risk premium. Hence our model is incomplete. We consider mean-variance hedging under the

  6. Analysis of the influence of occupation rate of public transit vehicles on mixing traffic flow in a two-lane system

    Institute of Scientific and Technical Information of China (English)

    Qian Yong-Sheng; Shi Pei-Ji; Zeng Qiong; Ma Chang-Xi; Lin Fang; Sun Peng; Yin Xiao-Ting

    2009-01-01

    Based on the existing classical cellular automaton model of traffic flow,a cellular automaton traffic model with different-maximum-speed vehicles mixed on a single lane is proposed,in which public transit and harbour-shaped bus stops are taken into consideration. Parameters such as length of cellular automaton,operation speed and random slow mechanism are re-demarcated. A harbour-shaped bus stop is set up and the vehicle changing lane regulation is changed.Through computer simulation,the influence of occupation rate of public transit vehicles on mixed traffic flow and traffic capacity is analysed. The results show that a public transport system can ease urban traffic congestion hut creates new jams at the same time,and that the influence of occupation rate of public transit vehicles on traffic capacity is considerable. To develop urban traffic,attention should be paid to the occupation rate of public transit vehicles and traffic development in a haphazard way should be strictly avoided.

  7. Public Hygiene Campaign in Denmark during the 2009 H1N1 Pandemic Had No Effect on Hospitalization Rate of Communicable Diseases in Children

    OpenAIRE

    Nadja Hawwa Vissing; Astrid Sevelsted; Hans Bisgaard

    2013-01-01

    BACKGROUND: During the 2009 H1N1 pandemic the Danish National board of Health carried out massive public hygiene campaigns to limit spread of disease. We aimed to investigate whether this resulted in lower incidences of communicable diseases in the paediatric population. METHODS: The study compared annual hospitalization rates for childhood infections from 2005 to 2011. RESULTS: Admission rates for infections were higher during the year of the pandemic compared to the rest of the period. CONC...

  8. 7 CFR Exhibit A to Subpart B of... - Coverage and Premium Rates

    Science.gov (United States)

    2010-01-01

    ... of Part 1806 Agriculture Regulations of the Department of Agriculture (Continued) RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT... coverage for other residential is $150,000 subsidized and $300,000 total coverage. 2 Includes hotels...

  9. [Publication rates of Turkish medical specialty and doctorate theses on Medical Microbiology, Clinical Microbiology and Infectious Diseases disciplines in international journals].

    Science.gov (United States)

    Sipahi, Oğuz Reşat; Caglayan Serin, Derya; Pullukcu, Hüsnü; Tasbakan, Meltem; Köseli Ulu, Demet; Yamazhan, Tansu; Arda, Bilgin; Sipahi, Hilal; Ulusoy, Sercan

    2014-04-01

    Writing a thesis is mandatory for getting a postgraduate medical degree in Turkey. Publication of the results of the thesis in an indexed journal makes the results available to researchers, however publication rate is usually low. The aim of this retrospective observational study was to investigate the publication rate of Turkish Infectious Diseases and Clinical Microbiology, Medical Microbiology specialty theses and Microbiology doctorate theses in international peer-review journals. On August 17th 2007, the thesis database of the Council of Higher Education of the Republic of Turkey (YOK) where all specialization and doctorate theses are recorded obligatorily, was searched for Infectious Diseases and Clinical Microbiology and Medical Microbiology specialty and Microbiology doctorate theses. Assuming that publication of a thesis would last at least six months, theses dated to February 2007 and after were excluded. The publication rate of those theses was found out by searching Science Citation Index-Expanded database for thesis author and supervisor between August 17-September 12, 2007. Chi-square test was used for statistical analysis. Our search yielded a total of 834 theses dated from 1997 to 2007, however 10 of them were excluded, since they were dated to February 2007 or after. It was found that the overall publication rate was 11.4% (94/824). The publication rates for Microbiology doctorate, Medical Microbiology and Infectious Diseases and Clinical Microbiology specialty theses were 13.7% (34/249), 10.7% (33/309) and 10.2% (27/266), respectively, with no statistical significance (p> 0.05). It was determined that nine (9.6%) of the 94 published theses belonged to 1997-2001 period, whereas 85 (80.4%) were in 2002-2007 period (pThesis is an important part of specialty and doctorate education and necessitates intense work. The created knowledge usually contains important data about the country and the world. Publication of the theses supplies dissemination of

  10. 45 CFR 152.21 - Premiums and cost-sharing.

    Science.gov (United States)

    2010-10-01

    ... State or States. The standard risk rate shall be established using reasonable actuarial techniques, that... use other methods of determining the standard rate, except with the approval of the Secretary....

  11. Effect of Frozen Storage Temperature on the Quality of Premium Ice Cream.

    Science.gov (United States)

    Park, Sung Hee; Jo, Yeon-Ji; Chun, Ji-Yeon; Hong, Geun-Pyo; Davaatseren, Munkhtugs; Choi, Mi-Jung

    2015-01-01

    The market sales of premium ice cream have paralleled the growth in consumer desire for rich flavor and taste. Storage temperature is a major consideration in preserving the quality attributes of premium ice cream products for both the manufacturer and retailers during prolonged storage. We investigated the effect of storage temperature (-18℃, -30℃, -50℃, and -70℃) and storage times, up to 52 wk, on the quality attributes of premium ice cream. Quality attributes tested included ice crystal size, air cell size, melting resistance, and color. Ice crystal size increased from 40.3 μm to 100.1 μm after 52 wk of storage at -18℃. When ice cream samples were stored at -50℃ or -70℃, ice crystal size slightly increased from 40.3 μm to 57-58 μm. Initial air cell size increased from 37.1 μm to 87.7 μm after storage at -18℃ for 52 wk. However, for storage temperatures of -50℃ and -70℃, air cell size increased only slightly from 37.1 μm to 46-47 μm. Low storage temperature (-50℃ and -70℃) resulted in better melt resistance and minimized color changes in comparison to high temperature storage (-18℃ and -30℃). In our study, quality changes in premium ice cream were gradually minimized according to decrease in storage temperature up to-50℃. No significant beneficial effect of -70℃ storage was found in quality attributes. In the scope of our experiment, we recommend a storage temperature of -50℃ to preserve the quality attributes of premium ice cream.

  12. Premium Fuel Production From Mining and Timber Waste Using Advanced Separation and Pelletizing Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Honaker, R. Q.; Taulbee, D.; Parekh, B. K.; Tao, D.

    2005-12-05

    agents for the briquetting of 90% coal and 10% sawdust blends. Guar gum, wheat starch, and a multi-component formulation were identified as most cost-effective for the production of briquettes targeted for the pulverized-coal market with costs being around $8 per ton of the coal-sawdust blend. REAX/lime and a second multi-component formulation were identified as the most cost-effective for the production of briquettes targeted for the stoker-coal market. Various sources of sawdust generated from different wood types were also investigated to determine their chemical properties and to evaluate their relative performance when briquetted with clean coal to form a premium fuel. The highest heating values, approaching 7,000 Btu/lb, were obtained from oak. Sawdusts from higher-density, red oak, white oak, hickory, and beech trees provided higher quality briquettes relative to their lower-density counterparts. In addition to sawdust type, a number of other parameters were evaluated to characterize their impact on briquette properties. The parameters that exhibited the greatest impact on briquette performance were binder concentration; sawdust concentration and particle size; cure temperature; and ash content. Parameters that had the least impact on briquette properties, at least over the ranges studied, were moisture content, briquetting force, and briquetting dwell time. The continuous production of briquettes from a blend of coal and sawdust was evaluated using a 200 lbs/hr Komarek Model B-100 briquetter. The heating values of briquettes produced by the unit exceeded the goal of the project by a large margin. A significant observation was the role of feed moisture on the stability of the mass flow rate through the briquetter and on briquette strength. Excessive feed moisture levels caused inconsistent or stoppage of material flow through the feed hopper and resulted in the production of variable-quality briquettes. Obviously, the limit on feed moisture content has a

  13. The frequency rate of Toxocara species contamination in soil samples from public yards in a urban area "Payathai", Bangkok, Thailand

    OpenAIRE

    Wiwanitkit Viroj; Waenlor Weerachit

    2004-01-01

    Toxocara species are most common roundworms of Canidae and Felidae. Human toxocariasis develops by ingesting of embryonated eggs in contaminated soil. There is no previous report of Toxocara contamination in the soil samples from the public areas in Bangkok. For this reason our study have been carried out to examine the frequency of Toxocara eggs in public yards in Bangkok, Thailand. A total of 175 sand and clay samples were collected and examined for parasite eggs. According to this study, T...

  14. Publication rates of manuscript presentations at the American College of Foot and Ankle Surgeons Annual Scientific Conference between 1999 and 2008.

    Science.gov (United States)

    Roukis, Thomas S

    2011-01-01

    Publication is the ultimate desired end point of scientific research. However, oral manuscript presentations of research studies are often referenced in textbooks, journal articles, and industry white papers, and, as a result, influence treatment care plans. No data exist for the actual publication rate of podiatric foot and ankle surgery oral manuscript presentations. Therefore, the objective of this study was to determine the actual publication rates of oral manuscript presentations at the American College of Foot and Ankle Surgeons (ACFAS) Annual Scientific Conference over 10 years. Print or electronic media for the ACFAS Annual Scientific Conference official program between 1999 and 2008 were obtained. Each year's official program was hand searched for any oral manuscript presentation, and, when identified, the title and authors were individually searched through electronic internet-based search engines to determine whether an oral manuscript presentation had been followed by publication of a full-text article. Additionally, pertinent journals were hand searched for potential articles. A total of 67.5% (139/206) oral manuscript presentations were ultimately published in 1 of 12 medical journals in a mean of 14.5 months. All journals except one (91.7%) represented peer-reviewed journals. The publication rate of oral manuscript presentations at the ACFAS Annual Scientific Conference is similar to or greater than orthopaedic subspecialties, including foot and ankle surgery, publication rates. Based on the above, attendees of the ACFAS Annual Scientific Conference should be aware that the majority of oral manuscript material presented at the ACFAS Annual Scientific Conference can be considered as accurate because they survive the rigors of the peer-review process more than two thirds of the time.

  15. The use of"T"account in the amortization of premium and discount--Taking the held-to-maturity investment and bonds payable as an example%“T”形账户在溢折价摊销中的运用分析--以持有至到期投资和应付债券为例

    Institute of Scientific and Technical Information of China (English)

    颜金花

    2013-01-01

      In this paper, based on the actual interest rate method and amortised cost, using the held-to-maturity investment and bonds payable for example, together with the use of"T"account in the amortization of premium and discount, in order to understand the premium and discount, reflecting the amortization of premium and discount.%  本文在介绍实际利率法和摊余成本的基础上,以持有至到期投资和应付债券为例,结合实际例题对“T”形账户在溢折价摊销中的运用进行分析,以期更深入的理解溢折价,更直观的反映溢折价的摊销过程。

  16. Premium Fuel Production From Mining and Timber Waste Using Advanced Separation and Pelletizing Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Honaker, R. Q.; Taulbee, D.; Parekh, B. K.; Tao, D.

    2005-12-05

    agents for the briquetting of 90% coal and 10% sawdust blends. Guar gum, wheat starch, and a multi-component formulation were identified as most cost-effective for the production of briquettes targeted for the pulverized-coal market with costs being around $8 per ton of the coal-sawdust blend. REAX/lime and a second multi-component formulation were identified as the most cost-effective for the production of briquettes targeted for the stoker-coal market. Various sources of sawdust generated from different wood types were also investigated to determine their chemical properties and to evaluate their relative performance when briquetted with clean coal to form a premium fuel. The highest heating values, approaching 7,000 Btu/lb, were obtained from oak. Sawdusts from higher-density, red oak, white oak, hickory, and beech trees provided higher quality briquettes relative to their lower-density counterparts. In addition to sawdust type, a number of other parameters were evaluated to characterize their impact on briquette properties. The parameters that exhibited the greatest impact on briquette performance were binder concentration; sawdust concentration and particle size; cure temperature; and ash content. Parameters that had the least impact on briquette properties, at least over the ranges studied, were moisture content, briquetting force, and briquetting dwell time. The continuous production of briquettes from a blend of coal and sawdust was evaluated using a 200 lbs/hr Komarek Model B-100 briquetter. The heating values of briquettes produced by the unit exceeded the goal of the project by a large margin. A significant observation was the role of feed moisture on the stability of the mass flow rate through the briquetter and on briquette strength. Excessive feed moisture levels caused inconsistent or stoppage of material flow through the feed hopper and resulted in the production of variable-quality briquettes. Obviously, the limit on feed moisture content has a

  17. The Impact of Tobacco-Free School Policies on Youth Smoking Rates in Florida Public School Districts

    Science.gov (United States)

    Terry, Amanda; Zhang, Ning Jackie

    2016-01-01

    Background: Developing and implementing policies to curb and prevent youth tobacco use is of the utmost importance. In Florida, public school districts were authorized to develop tobacco-free school policies through an amendment to the Florida Clean Indoor Air Act in 2011. The purpose of this study is to determine the impact of tobacco-free school…

  18. Current Rates of Publication for Podium and Poster Presentations at the American Society for Surgery of the Hand Annual Meetings

    Directory of Open Access Journals (Sweden)

    Joshua M. Abzug

    2014-09-01

     Currently, fewer than half of the studies presented at Annual Meetings of the ASSH achieve publication in peer-eviewed journals. Presentations are most likely to be published within 3 years, and almost half are published in Journal of Hand Surgery . 

  19. Public Debt, Economic Growth and the Real Interest Rate : A Panel VAR Approach to EU and OECD Countries

    NARCIS (Netherlands)

    Sterken, Elmer; Ogawa, Kazuo; Tokutsu, Ichiro

    2016-01-01

    We investigate the causal relationship between the public debt to GDP ratio and economic growth for 31 EU and OECD countries from 1995 to 2013. A number of studies have tackled this problem, but very few make the transmission mechanism explicit in their analysis. We estimate a panel VAR model that

  20. Variation in 2010-11 Truancy Rates among District of Columbia Public Schools (DCPS) High Schools and Middle Schools

    Science.gov (United States)

    Liberman, Akiva; Cahill, Meagan

    2012-01-01

    Truancy is well documented as an indicator of high risk for drop-out and failure to graduate, as well as a risk factor for delinquency. This report provides a snapshot of truancy in District of Columbia Public Schools (DCPS) high schools and middle schools in 2010-11. School data on student absenteeism was combined with Census and crime data on…

  1. Observations Illustrating the Use of Health Informatics to Link Public Health Immunization Registries and Pharmacies to Increase Adult Immunization Rates and Improve Population Health Outcomes.

    Science.gov (United States)

    Popovich, Michael; Altstadter, Brandy; Popovich, Lara Hargraves

    2016-01-01

    The Health Information Technology for Economic and Clinical Health (HITECH) Act encourages health information exchange between clinical care and public health through Meaningful Use measures. Meaningful Use specifically identifies objectives to support a number of public health programs including immunizations, cancer registries, syndromic surveillance, and disease case reports. The objective is to improve public and population health. Stage 2 of Meaningful Use focused on compliance to sending of information to public health. The next phase focuses on bi-directional information exchange to support immunization intelligence and to empower providers, pharmacists, and the consumer. The HITECH Act Stage 2 initiative provided incentive and motivation for healthcare providers to encourage their Electronic Medical Record (EMR) vendors to implement data exchanges with public health, with the expected result being timely awareness of health risks. The empowerment nugget in the HITECH Act is not in the compliance reporting to public health. The nugget is the ability for a provider to receive relevant information on the patient or consumer currently in front of them or to those they will connect to through their outreach efforts. The ability for public health to retain current immunization records of individuals from a variety of providers supports their program goals to increase immunization rates and mitigate the risk of vaccine-preventable disease (VPD). The ability for providers to receive at the point of service more complete immunization histories integrated with decision support enhances their delivery of care, thereby reducing the risk of VPD to their patients. Indirectly payers benefit through healthcare cost savings and when the focus is expanded from a health model to a business model, there are significant return on investment (ROI) opportunities that exponentially increase the value of a bi-directional immunization data exchange. This paper will provide

  2. 高端医疗服务发展的国际经验与启示%Development of premium healthcare industry:International experience and implications

    Institute of Scientific and Technical Information of China (English)

    方欣叶; 施莉莉; 王贤吉; 王力男; 付晨; 金春林; 何达

    2015-01-01

    高端医疗服务业是健康服务业发展的关键领域,但由于公立医院特需服务不断扩张、社会办医政策存"玻璃门"等原因,我国高端医疗服务业的发展尚处于初期阶段. 事实上,高端医疗服务业在部分国家(特别是发达国家)已经初具规模,并在发展基础、运营模式、保障体系等方面积累了比较丰富的经验. 本研究介绍了英国、美国、德国、新加坡、澳大利亚和印度发展高端医疗服务业的经验:建立国家安全网医院起兜底作用,实行分层定价和差异化补贴政策,借助商业健康保险,运用公私合作模式,优先发展若干领域. 并结合我国实际情况,提出我国发展高端医疗服务业的启示:在确保基本医疗服务的前提下,实行有差别的支付政策;推广商业健康保险,拓展公私合作,确定发展高端医疗的优先领域.%Premium healthcare is the key area of healthcare industry and private medical institutions. Howev-er, with the expansion of VIP services in public hospitals and policy barriers to private medical institutions, the de-velopment of premium healthcare in China is still in its early stage. The premium healthcare industry has in fact be-gun to take shape in some developed countries, accumulating rich experience in the aspects of developing bases, op-erating modes and security systems. Therefore, this paper introduces the experiences of premium healthcare develop-ment in several countries:the United Kingdom, the United States, Germany, Singapore, Australia, and India: the building of safety net hospitals;the setting of hierarchical pricing and differential financial assistance;the use of pub-lic-private partnership based on commercial health insurance to determine prioritization. Based on the actual situation in China, this paper provides some implications to develop premium healthcare, including the implementation of dif-ferential payment policies built on the provision of basic healthcare

  3. Foreign Exchange Rate Futures Trends: Foreign Exchange Risk or Systematic Forecasting Errors?

    Directory of Open Access Journals (Sweden)

    Marcelo Cunha Medeiros

    2006-12-01

    Full Text Available The forward exchange rate is widely used in international finance whenever the analysis of the expected depreciation is needed. It is also used to identify currency risk premium. The difference between the spot rate and the forward rate is supposed to be a predictor of the future movements of the spot rate. This prediction is hardly precise. The fact that the forward rate is a biased predictor of the future change in the spot rate can be attributed to a currency risk premium. The bias can also be attributed to systematic errors of the future depreciation of the currency. This paper analyzes the nature of the risk premium and of the prediction errors in using the forward rate. It will look into the efficiency and rationality of the futures market in Brazil from April 1995 to December 1998, a period of controled exchange rates.

  4. Rural-Urban Differences in Suicide Rates for Current Patients of a Public Mental Health Service in Australia

    Science.gov (United States)

    Sankaranarayanan, Anoop; Carter, Gregory; Lewin, Terry

    2010-01-01

    Rural versus urban rates of suicide in current patients of a large area mental health service in Australia were compared. Suicide deaths were identified from compulsory root cause analyses of deaths, 2003-2007. Age-standardized rates of suicide were calculated for rural versus urban mental health service and compared using variance of…

  5. DENSITY AND PENETRATION INSURANCE ON ACCIDENT & HEALTH PREMIUMS IN FUTURE IMPLEMENTATION OF SOLVENCY II – EMPIRICAL STUDY

    Directory of Open Access Journals (Sweden)

    PODOABÃ LUCIA

    2015-04-01

    Full Text Available The purpose of this paper is to present an empirical study regarding density and penetrat ion on accident & health premiums. At the beginning, we have presented the motivations of this research, highlighting and explaining the specific factors which influence the density and insurance penetration. Implementation of Solvency Directive at European level, in the field of insurance is through specific consequences. The changes made to accounting legislation at national, European and international level, with consequences on specific information presented in the financial statements of insurance companies, was another reason of our research. The appearance of the IFRS 4 "Insurance contracts", followed by its evolution phases allowed the creation of XBRL's in as the international standard of publication, exchange and financial analysis of data reported . Also, we cannot forget that the legislative changes in accounting have interesting consequences on economic risk management specific to this field, in terms of huge efforts from national and European supervisory authorities to control and prevent the ban kruptcy of its firms. For planning and implementation of supervisors’ measures, the important tasks were established by the quantitative impact studies, the stress tests and the analyses of different scenarios, all performed in insurance companies. Thus, w e conduct an analysis on a sample of 32 countries and a horizon of 10 years (2004 -2013, being tested 2 linear regression models. The results will confirm the link between level of economic development and accident & health insurance activity, but exclude the relationship between penetration factor and this type of insurance

  6. Impacts of Credit Default Swaps on Volatility of the Exchange Rate in Turkey: The Case of Euro

    Directory of Open Access Journals (Sweden)

    Muhsin Kar

    2016-07-01

    Full Text Available In this study, we aim to investigate the impacts of credit default swaps (CDS premium as a risk financial indicator on the fluctuations of value of the Turkish lira against the Euro. We try to answer the following questions: Is the CDS premium change among the drivers of EUR/TL exchange rate and what are the possible effects of CDS premium volatility on EUR/TL exchange rate stability in different conditions? In this regard, we developed a MS-VAR regime change model and asymmetric, frequency domain and rolling windows causality analysis methods. Results obtained from all tests imply that risk premium is partially a driver of the EUR/TL exchange rate between the years 2009 and 2015.

  7. What are the consequences for Danish Fashion Premium Brand Companies to incorporate Ethical Fashion in their company structure?

    OpenAIRE

    Bartoli, Nicla; Nielsen, Amalie

    2014-01-01

    This paper is meant to investigate the topic of Ethical Fashion implemented in Danish Fashion Premium Brands Companies. In order to have an almost complete scientific paper, the group decided to formulate the folowing problem formulation “What are the consequences for Danish Premium Brand Companies to incorporate Ethical Fashion in their company structure?” With three main research question: The first one is focusing on how Ethical Fashion is defined in the Danish fashion industry, in order t...

  8. Emerging Issues in Real Estate Appraisal: Market Premium for Building Sustainability

    Directory of Open Access Journals (Sweden)

    Domenico Enrico Massimo

    2013-08-01

    Full Text Available In international and metropolitan real estate markets, it has been detected, for the first time, the growing relevance of green buildings with respect to non-green building. Also, it has been singled out and then quantified through regression analysis a green premium, i.e. a differential in terms of price toward sold real estate units having ecological characteristics along with an energy value (more efficient behavior. The incipient international studies recommend to extend the analysis to unexplored middle-size non-metropolitan (marginal real estate markets. One of this areas has been studied detecting the first sale of an apartment with energy certification belonging to class B in a building with ecological characteristics. The assessment analysis performed through Market Comparison Approach, MCA, made it possible to detect and then appraise the green premium that is in line with the outcomes of the first and pioneer international studies performed in metropolitan areas.

  9. Price volatility, hedging and variable risk premium in the crude oil market

    Energy Technology Data Exchange (ETDEWEB)

    Ahmad Jalali-Naini [Institute for Education and Research in Management and Planning, Tehran (Iran); Maryam Kazemi Manesh [University of Mannheim (Germany)

    2006-06-15

    The crude oil price exhibits a high degree of volatility which varies significantly over time. Such characteristics imply that the oil market is a promising area for testing volatility models. Testing and predicting volatility using ARCH and GARCH models have grown in the literature. A useful application of the volatility models is in the formulation of hedging strategies. In this paper we compare the optimal hedge ratio for the crude oil using the classical minimum risk approach and use ARCH to incorporate the effect of heteroskedasticity in the residuals on the hedge ratio. In addition, we test for the existence of a variable risk premium in the crude oil market. We find that, assuming rational expectations, there is a non-zero risk premium. We test for the variability of the risk premia and find evidence in its support when we employed a multivariate GARCH model. (author)

  10. Rules regarding the health insurance premium tax credit. Final and temporary regulations.

    Science.gov (United States)

    2014-07-28

    This document contains final and temporary regulations relating to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, as amended by the Medicare and Medicaid Extenders Act of 2010, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011, and the Department of Defense and Full-Year Continuing Appropriations Act of 2011 and the 3% Withholding Repeal and Job Creation Act. These regulations affect individuals who enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges) and claim the premium tax credit, and Exchanges that make qualified health plans available to individuals. The text of the temporary regulations in this document also serves as the text of proposed regulations set forth in a notice of proposed rulemaking (REG-104579-13) on this subject in the Proposed Rules section in this issue of the Federal Register.

  11. Publish (in English) or perish: The effect on citation rate of using languages other than English in scientific publications.

    Science.gov (United States)

    Di Bitetti, Mario S; Ferreras, Julián A

    2017-02-01

    There is a tendency for non-native English scientists to publish exclusively in English, assuming that this will make their articles more visible and cited. We tested this hypothesis by comparing the effect of language on the number of citations of articles published in six natural sciences journals from five countries that publish papers in either English or other languages. We analyzed the effect of language (English vs non-English), paper length, and year of publication on the number of citations. The articles published in English have a higher number of citations than those published in other languages, when the effect of journal, year of publication, and paper length are statistically controlled. This may result because English articles are accessible to a larger audience, but other factors need to be explored. Universities and scientific institutions should be aware of this situation and improve the teaching of English, especially in the natural sciences.

  12. An Analysis of the Marriage and Dependency Premium Among Active Duty Navy Personnel

    Science.gov (United States)

    2005-06-01

    The researchers expanded their study to include cohabitating single men rather than just evaluating single and married men. Richardson found that...the 1968 marriage premium of 23 percent had dropped to 8 percent by 1991. A similar decline was found among cohabitating men, from 16 percent in...seven months of marriage with those who did not. The assumption is that premarital conception makes the marriage a random event and removes issues of

  13. An Analysis of Cost Premiums and Losses Associated with USAF Military Construction (MILCON)

    Science.gov (United States)

    2013-03-01

    outside of MILCON procurement. Additionally, project signage requirements do not represent a MILCON cost premium. Although the USACE prescribes exact... signage specifications for the construction site, this cost is negligible for a MILCON project since private industry utilizes similar signs...8A/small-business policies Moderate 3.175 1 18 9 6 11 Specific Direct digital controls for all HVAC components Moderate 3.139 1 4 19 25 12 General

  14. The Reallocation of Compensation in Response to Health Insurance Premium Increases

    OpenAIRE

    Goldman, Dana P.; Neeraj Sood; Arleen Leibowitz

    2003-01-01

    This paper examines how compensation packages change when health insurance premiums rise. We use data on employee choices within a single large firm with a flexible benefits plan; an increasingly common arrangement among medium and large firms. In these companies, employees explicitly choose how to allocate compensation between cash and various benefits such as retirement, medical insurance, life insurance, and dental benefits. We find that a $1 increase in the price of health insurance leads...

  15. Migration, Careers and the Urban Wage Premium: Does Human Capital Matter?

    OpenAIRE

    Korpi, Martin; William A V Clark

    2015-01-01

    Using detailed Swedish full population data on regional migrants, this paper addresses the question of whether the urban wage premium, and “thick” labor market matching effects, are found only among the higher educated or across all educational groups, and whether the urban population threshold for these type of effects varies by educational category. Estimating initial wages, average wage level and wage growth 2001-2009, we find similar matching effects for all educational groups in the thre...

  16. The Wage Premium and Market Structure: The Case of South Korea and Taiwan

    OpenAIRE

    Yen, Meng-Feng

    2013-01-01

    We seek to understand why the difference between wages earned by skilled and unskilled labor, the so-called “wage premium”, varies across developing countries, using South Korea and Taiwan as empirical case studies. South Korea and Taiwan are both small developing countries with export-led economies that enjoy relatively high incomes compared to their Asian counterparts (excluding Japan). Between 1990 and 2000, Taiwan experienced a decrease in the wage premium, while South Korea remained the ...

  17. The effects of geographical competition and demand on grocery price premium

    OpenAIRE

    Halme, Kari; Akpinar, Murat; Neuvonen, Heidi

    2016-01-01

    Due to the duopolistic characteristics of the Finnish grocery retail trade proprietor-run stores operate as adaptive price setters on the market. This paper examined the effects of geographical competition and demand on proprietor-run grocery stores’ pricing in Finland’s most populated province –Uusimaa. The assumption is that the price premium of a proprietoroperated store compared to the nearest co-operative competitor reflects the characteristics of competition and demand. Hypotheses on th...

  18. Public hygiene campaign in denmark during the 2009 H1N1 pandemic had no effect on hospitalization rate of communicable diseases in children.

    Science.gov (United States)

    Vissing, Nadja Hawwa; Sevelsted, Astrid; Bisgaard, Hans

    2013-01-01

    During the 2009 H1N1 pandemic the Danish National board of Health carried out massive public hygiene campaigns to limit spread of disease. We aimed to investigate whether this resulted in lower incidences of communicable diseases in the paediatric population. The study compared annual hospitalization rates for childhood infections from 2005 to 2011. Admission rates for infections were higher during the year of the pandemic compared to the rest of the period. There were no indications of a preventive effect by the hygiene campaign on incidence of severe common childhood infections.

  19. Public hygiene campaign in denmark during the 2009 H1N1 pandemic had no effect on hospitalization rate of communicable diseases in children.

    Directory of Open Access Journals (Sweden)

    Nadja Hawwa Vissing

    Full Text Available BACKGROUND: During the 2009 H1N1 pandemic the Danish National board of Health carried out massive public hygiene campaigns to limit spread of disease. We aimed to investigate whether this resulted in lower incidences of communicable diseases in the paediatric population. METHODS: The study compared annual hospitalization rates for childhood infections from 2005 to 2011. RESULTS: Admission rates for infections were higher during the year of the pandemic compared to the rest of the period. CONCLUSION: There were no indications of a preventive effect by the hygiene campaign on incidence of severe common childhood infections.

  20. Rate and Predictors of the Conversion of Abstracts Presented at the Canadian Cardiovascular Congress Scientific Meetings to Full Peer-Reviewed Publications

    DEFF Research Database (Denmark)

    Abuzeid, Wael; Fosbøl, Emil Loldrup; Fosbøl, Philip Loldrup

    2013-01-01

    abstracts presented at the Canadian Cardiovascular Congress (CCC) from 2006 to 2010 into peer-reviewed article publications within 2 years of their initial presentation. Using a previously validated computer algorithm, we searched the International Statistical Institute Web of Science to identify peer......The rate of conversion of abstracts presented at scientific meetings into peer-reviewed published manuscripts is an important metric for medical societies, because it facilitates translation of scientific knowledge into practice. We determined the rate and predictors of conversion of scientific...

  1. Optimal Premium as a Function of the Deductible: Customer Analysis and Portfolio Characteristics

    Directory of Open Access Journals (Sweden)

    Julie Thøgersen

    2016-11-01

    Full Text Available An insurance company offers an insurance contract ( p , K , consisting of a premium p and a deductible K. In this paper, we consider the problem of choosing the premium optimally as a function of the deductible. The insurance company is facing a market of N customers, each characterized by their personal claim frequency, α, and risk aversion, β. When a customer is offered an insurance contract, she/he will, based on these characteristics, choose whether or not to insure. The decision process of the customer is analyzed in detail. Since the customer characteristics are unknown to the company, it models them as i.i.d. random variables; A 1 , … , A N for the claim frequencies and B 1 , … , B N for the risk aversions. Depending on the distributions of A i and B i , expressions for the portfolio size n ( p ; K ∈ [ 0 , N ] and average claim frequency α ( p ; K in the portfolio are obtained. Knowing these, the company can choose the premium optimally, mainly by minimizing the ruin probability.

  2. Estimate of Market Risk Premium by Considering the Market Leverage in Tehran Stock Exchange

    Directory of Open Access Journals (Sweden)

    Hamid Reza Shammakhi

    2016-03-01

    Full Text Available In this study, the method of calculating the market risk premium with respect to the market leverage was presented and it was studied which method has the accuracy of better estimate in Tehran Stock Exchange. This study seeks to provide and introduce more appropriate and accurate measures in order to measure market risk premium in order to better predict the expected return on the investment in the Tehran Stock Exchange. Returns expected by investors of the stocks of companies with high leverage are more than any other stocks with low leverage. Creditors have a higher priority against the company’s assets and cash money which contributes to an increase in the investors’ risk and therefore it would increase the expected returns and efficiency. Three types of definition and subsequently three CAPM models of Ibbotson, Lally and Siegel were introduced to calculate and evaluate market risk premium, and its accuracy in forecasting investors’ expected returns was tested. In this regard, based on simple random sampling and based on Cochran formula data collected from 69 firms listed in the Tehran Stock Exchange from 2008 to 2014 with panel data model, three-month returns of the sample companies were calculated and used as the basis for the test. The results show that Lally model (leverage effect of the market compared with Ibbotson and Siegel models explained the strong stock market returns.

  3. 77 FR 66966 - Fiscal Year (FY) 2014-2015 Proposed Power and Transmission Rate Adjustments; Public Hearing and...

    Science.gov (United States)

    2012-11-08

    ...'s customers have exactly the same mix of PF rate components in common. Therefore, BPA has developed... with the production, acquisition, marketing, and conservation of electric power. Cost estimates in the...

  4. Comparison of rates of referral and diagnosis of axial spondyloarthritis before and after an ankylosing spondylitis public awareness campaign.

    Science.gov (United States)

    Harrison, Andrew A; Badenhorst, Christoffel; Kirby, Sandra; White, Douglas; Athens, Josie; Stebbings, Simon

    2014-07-01

    The objective of this research is to measure the effect of a national ankylosing spondylitis (AS) public awareness campaign on numbers of referrals for suspected AS and numbers of cases diagnosed with axial spondyloarthritis (SpA). A television advertising campaign was conducted by Arthritis New Zealand in 2011 to raise public awareness of AS. A retrospective analysis was made of referrals received by the three rheumatology services 3 months before the campaign started and 3 months after the campaign ended. The age, gender, number of referrals for suspected AS and number of referrals resulting in a diagnosis of axial SpA were recorded. Independent analysis showed that the awareness campaign reached 82 % of the primary target audience. In the 3 months after the awareness campaign, there was a significant increase in referrals for suspected AS compared with the 3 months before the campaign (54 vs. 88, 63 %, p = 0.0056). Referrals for other conditions did not change. The number of referrals resulting in a diagnosis of axial SpA also increased (27 vs. 44, 63 %, p = 0.0576). The mean ages of the patients referred and of those diagnosed with axial SpA did not change. The male/female ratio was 1:1 among the referrals for suspected AS and 2:1 in referrals diagnosed with axial SpA, before and after the campaign. The Arthritis New Zealand AS public awareness campaign was associated with a significant increase in referrals to rheumatology services for suspected AS and an increase in the diagnosis of axial SpA in clinics.

  5. Utilisation rates and expenditure for public and private, curative-care services in semi-urban Guatemala.

    Science.gov (United States)

    van der Stuyft, P; Delgado, E; Sorensen, S C

    1997-03-01

    In November 1994, a retrospective survey was conducted for two purposes; to investigate patterns of health-care uptake for childhood and maternal illness in semi-urban Guatemala; and to gain an insight into the expenditure incurred by the subjects when they consulted the various health-care providers. The subjects, who all belonged to a semi-urban ladina community, had easy geographical access to the health-care providers, of all types, operating in Sacatepequez, in the central highlands of Guatemala. The community was divided into clusters of roughly equal population size and 20 of these were selected. Within each selected cluster, eight households that had at least one young child (quetzales in the official health centres to 63 quetzales with private physicians (a U.S.$ being equivalent to 5.5 quetzales at the time of the study). Although for each type of provider (except the health centres), expenditure was nearly equal for a woman or for a child contact, it consisted of a different mix of cost elements (consultation fee, drugs and transport) for each of the various categories of provider. The willingness for a more prominent role of the public sector. It would seem that there is, in the socio-economic environment of semi-urban Sacatepequez, room for experimenting with alternative modes of health-care financing to increase the quality and attractiveness of public services and their utilisation.

  6. Effectiveness and Public Acceptance Rate of Powder Pepper (Piper nigrum L. to Decrease Density of Anopheles spp larvae

    Directory of Open Access Journals (Sweden)

    Andri Ruliansyah

    2012-06-01

    Full Text Available Pepper fruit (Piper nigrum L. is one of several pesticides from plant that can be used as insecticide. The purpose of this study was to identify the effectiveness and public acceptance of pepper fruit powder (Piper nigrum L. on reducing Anopheles spp. larvae density. The experiment was a quasi-experimental study which includes a pre-post test design with both treatment group and a control group. Pepper powder with a dose of 0.75 g in one litre of water kills 59.91% larvae in average through 24 hours treatment. Wilcoxon test results obtained from the pepper powder treatment was proved effective in decreasing the density of Anopheles spp. larvae since there was significant difference between before and after treatment. The result of public acceptance for pepper powder out of 20 respondents are 75% respondents accepted it well, 15% respondents accepted it fairly well, and 10% respondents accepted it poorly. These results showed pepper fruit powder potency as a good and accepted larvacide.

  7. Hispanic Teen Pregnancy and Birth Rates: Looking Behind the Numbers. Child Trends Research Brief. Publication #2005-01

    Science.gov (United States)

    Ryan, Suzanne; Franzetta, Kerry; Manlove, Jennifer

    2005-01-01

    This research brief focuses on the birth, pregnancy, contraceptive, and relationship behaviors of Hispanic teens because they represent an important risk group. Teen pregnancy and birth rates for U.S. teens have declined dramatically in recent years. Yet for Hispanic teens, reductions in teen pregnancy and childbearing have lagged behind that of…

  8. PUBLIC FINANCING OF HEALTHCARE SERVICES

    Directory of Open Access Journals (Sweden)

    Agnieszka Bem

    2013-10-01

    Full Text Available Healthcare in Poland is mainly financed by public sector entities, among them the National Health Fund (NFZ, state budget and local government budgets. The task of the National Health Fund, as the main payer in the system, is chiefly currently financing the services. The state budget plays a complementary role in the system, and finances selected groups of services, health insurance premiums and investments in healthcare infrastructure. The basic role of the local governments is to ensure access to the services, mostly by performing ownership functions towards healthcare institutions.

  9. Triangulating on success: innovation, public health, medical care, and cause-specific US mortality rates over a half century (1950-2000).

    Science.gov (United States)

    Rust, George; Satcher, David; Fryer, George Edgar; Levine, Robert S; Blumenthal, Daniel S

    2010-04-01

    To identify successes in improving America's health, we identified disease categories that appeared on vital statistics lists of leading causes of death in the US adult population in either 1950 or 2000, and that experienced at least a 50% reduction in age-adjusted death rates from their peak level to their lowest point between 1950 and 2000. Of the 9 cause-of-death categories that achieved this 50% reduction, literature review suggests that 7 clearly required diffusion of new innovations through both public health and medical care channels. Our nation's health success stories are consistent with a triangulation model of innovation plus public health plus medical care, even when the 3 sectors have worked more in parallel than in partnership.

  10. Engineering development of advanced physical fine coal cleaning for premium fuel applications. Task 6 -- Selective agglomeration laboratory research and engineering development for premium fuels

    Energy Technology Data Exchange (ETDEWEB)

    Moro, N.; Jha, M.C.

    1997-06-27

    The primary goal of this project is the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope included laboratory research and benchscale testing on six coals to optimize these processes, followed by the design, construction, and operation of a 2 t/hr process development unit (PDU). The project began in October, 1992, and is scheduled for completion by September 1997. This report represents the findings of Subtask 6.5 Selective Agglomeration Bench-Scale Testing and Process Scale-up. During this work, six project coals, namely Winifrede, Elkhorn No. 3, Sunnyside, Taggart, Indiana VII, and Hiawatha were processed in a 25 lb/hr continuous selective agglomeration bench-scale test unit.

  11. Paucity of qualitative research in general medical and health services and policy research journals: analysis of publication rates

    Science.gov (United States)

    2011-01-01

    Background Qualitative research has the potential to inform and improve health care decisions but a study based on one year of publications suggests that it is not published in prominent health care journals. A more detailed, longitudinal analysis of its availability is needed. The purpose of this study was to identify, count and compare the number of qualitative and non-qualitative research studies published in high impact health care journals, and explore trends in these data over the last decade. Methods A bibliometric approach was used to identify and quantify qualitative articles published in 20 top general medical and health services and policy research journals from 1999 to 2008. Eligible journals were selected based on performance in four different ranking systems reported in the 2008 ISI Journal Citation Reports. Qualitative and non-qualitative research published in these journals were identified by searching MEDLINE, and validated by hand-searching tables of contents for four journals. Results The total number of qualitative research articles published during 1999 to 2008 in ten general medical journals ranged from 0 to 41, and in ten health services and policy research journals from 0 to 39. Over this period the percentage of empirical research articles that were qualitative ranged from 0% to 0.6% for the general medical journals, and 0% to 6.4% for the health services and policy research journals. Conclusions This analysis suggests that qualitative research it is rarely published in high impact general medical and health services and policy research journals. The factors that contribute to this persistent marginalization need to be better understood. PMID:21992238

  12. Paucity of qualitative research in general medical and health services and policy research journals: analysis of publication rates

    Directory of Open Access Journals (Sweden)

    Dobrow Mark J

    2011-10-01

    Full Text Available Abstract Background Qualitative research has the potential to inform and improve health care decisions but a study based on one year of publications suggests that it is not published in prominent health care journals. A more detailed, longitudinal analysis of its availability is needed. The purpose of this study was to identify, count and compare the number of qualitative and non-qualitative research studies published in high impact health care journals, and explore trends in these data over the last decade. Methods A bibliometric approach was used to identify and quantify qualitative articles published in 20 top general medical and health services and policy research journals from 1999 to 2008. Eligible journals were selected based on performance in four different ranking systems reported in the 2008 ISI Journal Citation Reports. Qualitative and non-qualitative research published in these journals were identified by searching MEDLINE, and validated by hand-searching tables of contents for four journals. Results The total number of qualitative research articles published during 1999 to 2008 in ten general medical journals ranged from 0 to 41, and in ten health services and policy research journals from 0 to 39. Over this period the percentage of empirical research articles that were qualitative ranged from 0% to 0.6% for the general medical journals, and 0% to 6.4% for the health services and policy research journals. Conclusions This analysis suggests that qualitative research it is rarely published in high impact general medical and health services and policy research journals. The factors that contribute to this persistent marginalization need to be better understood.

  13. THE EFFECT OF SALINITY-SODICITY AND GLYPHOSATE FORMULATIONS – AVANS PREMIUM 360 SL ON PHOSPHOMONOESTERASE ACTIVITIES IN SANDY LOAM

    Directory of Open Access Journals (Sweden)

    Maciej Płatkowski

    2016-01-01

    Full Text Available The aim of study was to determine the influence of NaCl and glyphosate-based herbicide Avans Premium 360 SL on acid and alkaline phosphomonoesterase activities in sandy loam. The experiment was carried out in laboratory conditions on sandy loam with Corg content 10.90 g/kg. Soil was divided into half kilogram samples and adjusted to 60% of maximum water holding capacity. In the experiment dependent variables were: I – dosages of Avans Premium 360 SL (0, a recommended field dosage – FD, a tenfold higher dosage – 10 FD and hundredfold higher dosage – 100 FD, II – amount of NaCl (0, 3% and 6%, III – day of experiment (1, 7, 14, 28 and 56. On days of experiment the activity of alkaline and acid phosphomonoesterase activity was assayed spectrophotometrically. The obtained result showed that the application of Avans Premium 360 SL decreased in acid and alkaline phosphomonoesterase activity in clay soil. Significant interaction effect between the dosage of Avans Premium 360 SL, NaCl amount and day of experiment was reported in the experiment. The inhibitory effect of Avans Premium 360 SL was the highest in soil with NaCl at the amount of 6%.

  14. Relationship between public subsidies and vaccination rates with the 23-valent pneumococcal vaccine in elderly persons, including the influence of the free vaccination campaign after the Great East Japan Earthquake.

    Science.gov (United States)

    Naito, Toshio; Matsuda, Naoto; Tanei, Mika; Watanabe, Yukiko; Watanabe, Akira

    2014-07-01

    Low vaccination rates with pneumococcal vaccine in elderly persons in Japan are thought to be related to low levels of public subsidy. To identify strategies to increase future pneumococcal vaccination rates, we examined the relationship between public subsidies and vaccination rates. We also investigated the influence of free vaccinations after the 2011 Great East Japan Earthquake on vaccination rates in the three Tohoku prefectures of Japan. We surveyed a total of 1742 municipalities in Japan about whether public subsidies were available and their monetary amount. Vaccination rates with the 23-valent pneumococcal vaccine were calculated as the "cumulative amount shipped to each municipality divided by the population aged ≥65 years." There were no subsidies in 773 municipalities (44.4%). In those municipalities with public subsidies, larger subsidies were significantly associated with elevated vaccination rates (p Japan, the vaccination rate was 52.1% in municipalities where the full cost was subsidized. The three prefectures (Iwate, Miyagi, and Fukushima) most affected by the Great East Japan Earthquake ranked as the top three prefectures for vaccination rates in Japan, presumably as a result of the free vaccination campaign for disaster victims. Our findings show that public subsidies play an important role in increasing the vaccination rate. The free vaccinations given to disaster victims after the Great East Japan Earthquake helped to achieve extremely high vaccination rates in the three Tohoku prefectures. We suggest that such public subsidies should be promoted throughout Japan.

  15. Ionomer-like structures and {pi}-cation interactions in Argonne Premium coals

    Energy Technology Data Exchange (ETDEWEB)

    Opaprakasit, P.; Scaroni, A.W.; Painter, P.C. [Pennsylvania State University, University Park, PA (United States). Energy Institute

    2002-06-01

    The increase in the amount of pyridine-soluble material obtained from Argonne Premium coals after acid treatment is examined. The amount of pyridine-soluble material in most of the coals increases significantly with acid treatment. In low and to some extent medium rank coals this is largely a result of the presence of ionic clusters formed by carboxylate groups. In higher rank coals we are proposing that {pi}-cation interactions play a major role. These ion/coal interactions are of sufficient strength to act as 'reversible' cross-links, in the same way as ionic clusters behave in ionomers. 26 refs., 14 figs., 3 tabs.

  16. Engineering development of advanced physical fine coal cleaning for premium fuel applications

    Energy Technology Data Exchange (ETDEWEB)

    Smit, F.J.; Jha, M.C.; Phillips, D.I.; Yoon, R.H.

    1997-04-25

    The goal of this project is engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. Its scope includes laboratory research and bench-scale testing on six coals to optimize these processes, followed by design and construction of a 2 t/h process development unit (PDU). Large lots of clean coal are to be produced in the PDU from three project coals. Investigation of the near-term applicability of the two advanced fine coal cleaning processes in an existing coal preparation plant is another goal of the project and is the subject of this report.

  17. The US Finance Wage Premium Before and After the Financial Crisis

    DEFF Research Database (Denmark)

    Capuano, Stella; Lai, Tat-kei; Schmerer, Hans-Jörg

    2014-01-01

    Does the recent financial crisis change the wage structures of the US finance and nonfinance sectors? In this article, we study the wage gap between workers in these two sectors between 1990 and 2011. Using data from the Current Population Survey, we find that the finance wage premium increased...... over time and only dropped modestly during the crisis. Using the Oaxaca–Blinder method to decompose the wage gap into ‘explained’ and ‘unexplained’ parts, we also find that the wage gap was entirely driven by unexplained factors....

  18. The effect of firearm deaths on life expectancy and insurance premiums in the United States.

    Science.gov (United States)

    Lemaire, Jean

    2005-01-01

    Despite recent gains, the U.S. remains behind most other affluent countries in life expectancy. Even within the U.S., the gap between the life expectancies of Caucasians and African-Americans remains significant. At the same time, firearm deaths in the U.S. far exceed peer nations, and disproportionately affect African-American males. In this Issue Brief, Dr. Lemaire explores whether deaths from firearms explain some of these international and racial disparities in life expectancy. He uses actuarial techniques to calculate the "cost" of firearm deaths in the U.S., both in terms of reduced life expectancy and increased life insurance premiums.

  19. The Early Exercise Premium Representation for American Options on Multiply Assets

    Energy Technology Data Exchange (ETDEWEB)

    Klimsiak, Tomasz, E-mail: tomas@mat.umk.pl; Rozkosz, Andrzej, E-mail: rozkosz@mat.umk.pl [Nicolaus Copernicus University, Faculty of Mathematics and Computer Science (Poland)

    2016-02-15

    In the paper we consider the problem of valuation of American options written on dividend-paying assets whose price dynamics follow the classical multidimensional Black and Scholes model. We provide a general early exercise premium representation formula for options with payoff functions which are convex or satisfy mild regularity assumptions. Examples include index options, spread options, call on max options, put on min options, multiply strike options and power-product options. In the proof of the formula we exploit close connections between the optimal stopping problems associated with valuation of American options, obstacle problems and reflected backward stochastic differential equations.

  20. Adobe Creative Suite 6 Design and Web Premium all-in-one for dummies

    CERN Document Server

    Smith, Jennifer; Gerantabee, Fred

    2012-01-01

    The must-have book on the leading suite of software for graphic and web designers Fully revised and updated this hands-on resource offers a one-stop learning opportunity through eight mini-book dedicated to each product inside Adobe's Design & Web Premium Suite. The mini-books include Adobe Creative Suite Basics, InDesign, Illustrator, Photoshop, Acrobat, Dreamweaver, Flash, Fireworks. The book may contain new image enhancements to After Effects, 64-bit versions of Illustrator and Flash Professional, and a new tool, dubbed Helium, that will enable designers to create content using HTML5 and

  1. Are PhDs Winners or Losers? Wage Premiums for Doctoral Degrees in Private Sector Employment

    DEFF Research Database (Denmark)

    Pedersen, Heidi Skovgaard

    2016-01-01

    Policy makers expect that increasing shares of PhDs will find employment within the private sector. However, the incentive structure for undertaking PhD education and subsequently seeking private sector employment has not been adequately assessed in the literature. This paper investigates...... the economic incentives for this career path of recent Danish PhD graduates. Wage premiums associated with holding a PhD compared to a master’s degree are estimated by an program evaluation approach using regression on a matched sample. Income levels three years after receipt of the PhD degree are three...

  2. Premium Efficiency Motor Selection and Application Guide – A Handbook for Industry

    Energy Technology Data Exchange (ETDEWEB)

    Gilbert A. McCoy and John G. Douglass

    2014-02-01

    This handbook informs new motor purchase decisions by identifying energy and cost savings that can come from replacing motors with premium efficiency units. The handbook provides an overview of current motor use in the industrial sector, including the development of motor efficiency standards, currently available and emerging advanced efficiency motor technologies, and guidance on how to evaluate motor efficiency opportunities. It also several tips on getting the most out of industrial motors, such as how to avoid adverse motor interactions with electronic adjustable speed drives and how to ensure efficiency gains are not lost to undervoltage operation or excessive voltage unbalance.

  3. Studies on Physical and Sensory Properties of Premium Vanilla Ice Cream Distributed in Korean Market

    OpenAIRE

    2014-01-01

    The object of this study was to investigate the difference in physical and sensory properties of various premium ice creams. The physical properties of the various ice creams were compared by manufacturing brand. The water contents of the samples differed, with BR having the highest value at 60.5%, followed by NT and CS at 57.8% and 56.9%, respectively. The higher the water content, the lower Brix and milk fat contents in all samples. The density of the samples showed almost similar values in...

  4. A 6DOF gravity compensation scheme for a phantom premium using a neural network.

    Science.gov (United States)

    Birtwisle, Matthew; Bulpitt, Andy

    2007-01-01

    Current uses of haptic hardware such as the Phantom Premium 6DOF for surgical simulators lack the desired interface transparency and could cause artefacts in the training regime of a student training on a simulator. This problem is addressed and two neural networks are used to find a mapping between handle coordinates and orientation and force output required to counteract gravitational forces. A close fit to the data is achieved for both networks (errors of 0.00149 and 0.0157 between training and predicted forces) and 3DOF gravity compensation is achieved. A 6DOF simulator is created but requires further work to improve it accuracy.

  5. STUDY ON THE MAIN THEORETICAL ASPECTS RELATING TO THE PREMIUM TARIFFS IN THE PROPERTY INSURANCE

    Directory of Open Access Journals (Sweden)

    Vaduva Maria

    2012-03-01

    Full Text Available In the insurance market of goods, most of the first levied by the insurer is used for payment of damages due insured. The element mainly depending on which he fixes the level of share premium pricing is likely to size claims the insurer will pay insured. Part of the quota tariff intended for the first payment of damages is called net or share of first base. Adding to the addition cover expenditure on lodging and administering the fund insurance and financing of measures to prevent the damage, formation of the reserve fund and achieve the insurer has a specific benefit, get the first tariff or first gross.

  6. Measurement of natural radioactivity in Jordanian building materials and their contribution to the public indoor gamma dose rate.

    Science.gov (United States)

    Sharaf, J M; Hamideen, M S

    2013-10-01

    This study is undertaken to determine the activity concentration of (226)Ra, (232)Th and (40)K in samples of commonly used building materials in Jordan. Samples of seven different materials were collected from construction sites and local agencies supplying raw construction materials and analyzed using a HPGe gamma-ray spectrometer, taking into account self-attenuation in bulk samples. The average specific activity concentrations of (226)Ra, (232)Th, and (40)K ranged from 2.84 to 41.52, 0.78 to 58.42. and 3.74 to 897 Bq/kg, respectively. All the samples had radium equivalent activities well below the limit of 370 Bq/kg set by the Organization for Economic Cooperation and Development (OECD, 1979). External and internal hazard indices, absorbed dose and annual effective dose rate associated with the radionuclides of interest were calculated and compared with the international legislation and guidance. In general, most of the activities did not exceed the recommended international limits, except for granite and ceramic samples which are usually used as secondary building materials in Jordan.

  7. Publication rate of abstracts presented at the emergency medicine congresses held by the European Society for Emergency Medicine (EUSEM) in 2011 and 2012.

    Science.gov (United States)

    Kalkan, Asim; Kose, Ozkan; Bilir, Ozlem; Ersunan, Gokhan; Ozel, Deniz; Guler, Ferhat

    2015-09-01

    The purpose of this study was to assess the publication rate of the abstracts presented at the 6th Mediterranean Emergency Medicine Congress, 2011 and the 7th European Congress on Emergency Medicine, 2012. All abstracts, both posters and oral presentations, from the international emergency medicine congresses held by the European Society for Emergency Medicine (EUSEM) in 2011 and 2012 were identified. To establish whether these abstracts were subsequently published in peer-reviewed medical journals, the names of all the authors and the title of the abstracts were searched for in the databases of Clinical Key/Elsevier, EBSCO Discovery Service, MD Consult, Science Direct, Scopus, EMBASE, Medscape, Google Scholar and local ULAKBIM. The year of publication, consistency of author names and titles, the type of study, the journals in which papers were published and countries from which reports were submitted were all recorded. A total of 1721 abstracts were examined; 626 from 2011 (307 oral presentations and 319 posters) and 1095 from 2012 (154 oral presentations and 941 posters). Of all abstracts in 2011, 172 (27.5%) and of all abstracts in 2012, 265 (24.2%) were subsequently published as full-text reports in peer-reviewed journals. Of the 172 papers published in 2011, 152 (88.4%) were accepted by Science Citation Index (SCI) and/or SCI Expanded (SCI-E) journals and 155 (58.5%) of 265 papers were accepted by SCI and/or SCI-E journals in 2012 (p=0.0001). The publication rate of abstracts submitted to international emergency medicine congresses held by EUSEM over those 2 years was low compared with that of abstracts presented in other emergency medicine congresses. Presenters should be encouraged to send their studies to peer-reviewed journals. During the selection process by the scientific panel, constructive critics should be notified to the presenters instead of simply accepting or rejecting the studies that submitted to the congress, which may increase the

  8. Actuarial models of life insurance with stochastic interest rate

    Science.gov (United States)

    Wei, Xiang; Hu, Ping

    2009-07-01

    On the basis of general actuarial model of life insurance, this article has carried on research to continuous life insurance actuarial models under the stochastic interest rate separately. And it provide net single premium for life insurance and life annuity due over a period based on that de Moivre law of mortality and Makeham's law of mortality separately.

  9. 76 FR 7881 - Discount Rates for Cost-Effectiveness Analysis of Federal Programs

    Science.gov (United States)

    2011-02-11

    ... updated annually when the interest rate and inflation assumptions used to prepare the budget of the United... forecast of real interest rates from which the inflation premium has been removed and based on the economic...-dollar flows, as is often required in cost-effectiveness analysis. Real Interest Rates on Treasury...

  10. 78 FR 6140 - Discount Rates for Cost-Effectiveness Analysis of Federal Programs

    Science.gov (United States)

    2013-01-29

    ... updated annually when the interest rate and inflation assumptions used to prepare the Budget of the United... Real Discount Rates. A forecast of real interest rates from which the inflation premium has been... are to be used for discounting constant-dollar flows, as is often required in...

  11. 77 FR 1743 - Discount Rates for Cost-Effectiveness Analysis of Federal Programs

    Science.gov (United States)

    2012-01-11

    ... updated annually when the interest rate and inflation assumptions used to prepare the Budget of the United... real interest rates from which the inflation premium has been removed and based on the economic... interest rates for calendar year 2012 based on the economic assumptions for the 2013 Budget are presented...

  12. La prima de riesgo recargada en un seguro de rentas: tarificación mediante el uso de una medida de riesgo coherente || The Risk Recharged Premium for a Survival Life Insurance: Recharged Premium through the Use of a Coherent Risk Measure

    Directory of Open Access Journals (Sweden)

    Hernández Solís, Montserrat

    2013-01-01

    Transforms" to justify the recommendation of Solvency II to reduce the effect of the mortality instantaneous rate and thus get an implicitly surcharged premium to deal deviations of actual claims regarding expected. Survival life insurance has been selected for this research, and the premium risk has been calculated for the four accepted laws of survival, such as the first and second Dormoy, Gomperzt law, and Makeham law. The selection of these laws has been taken because they best _t the model based on the numerical values assigned to the parameters by using mortality tables developed by Pérez (2000, Projected Table 2000 Spanish Mortality from 1950-1990. In the life insurance, coverage claims survival negative experience for the company means that the insured survive longer than expected (live longer. Thus, when calculating premiums, it is common practice to add a safety margin implied, as a percentage, the odds of death qx, or use a mortality table whose chances of passing are lower than those of the human being taken into account. This can be interpreted as a decrease of the mortality instantaneous rate. In this paper we show that the use of the distortion power function, so far uses in the non-life branch and being the new application to the life insurance, produces the same effect, but calculating a implicitly surcharged premium.

  13. 5 CFR 892.401 - Am I eligible for premium conversion if I retire and then come back to work for the Federal...

    Science.gov (United States)

    2010-01-01

    ... your status as an active employee and your employing agency will deduct your premiums from your salary... annuitant, but your contributions towards your FEHB premiums will be made on an after-tax basis. Your... it. (c) If you did not carry FEHB into retirement and you are reemployed as an employee in a position...

  14. Minimum Value of Eligible Employer-Sponsored Plans and Other Rules Regarding the Health Insurance Premium Tax Credit. Final regulations.

    Science.gov (United States)

    2015-12-18

    This document contains final regulations on the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, as amended by the Medicare and Medicaid Extenders Act of 2010, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act of 2011, and the Department of Defense and Full-Year Continuing Appropriations Act, 2011. These final regulations affect individuals who enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges, sometimes called Marketplaces) and claim the health insurance premium tax credit, and Exchanges that make qualified health plans available to individuals and employers.

  15. Estimating Price Premiums for Breads Marketed as “Low-Carbohydrate Breadsâ€

    OpenAIRE

    Nganje, William E.; Kaitibie, Simeon; Wachenheim, Cheryl J.; Acquah, Emmanuel T.; Matson, Joel; Johnson, Grant

    2008-01-01

    Retail data are used in a hedonic pricing framework to estimate the premium paid for the “low-carbohydrate†attribute and other attributes of bread at grocery and non-grocery stores in a regional market. Results show that consumer willingness to pay is influenced by the “low-carbohydrate†attribute as well as by sugar, fiber, and fat content; serving size; and size of loaf. Implicit price premiums vary significantly by retail location. However, price differentials may be compounded by t...

  16. Moderating effect of peer group environment on consumer predisposition towards premium promotions: A study on young urban consumers in India

    Directory of Open Access Journals (Sweden)

    Subhojit Banerjee

    2016-12-01

    Full Text Available The role of peer-group environment as an influencing factor in purchase decisions is well established. This paper broadens the above premise and studies the influence of peer-group environment on an individual's promotional choice in the context of premium promotions or freebies. Two sets of college students with distinctive peer-group settings in terms of their academic pursuit and residential details have been considered for the study. Discriminant analysis shows that higher interaction and educational orientation of group members influence the customer's promotional preference. Students pursuing professionally oriented courses had a distinctively higher preference for premium-promotions that were hedonic.

  17. Engineering development of advanced physical fine coal cleaning for premium fuel applications

    Energy Technology Data Exchange (ETDEWEB)

    Shields, G.L.; Smit, F.J.; Jha, M.C.

    1997-08-28

    The primary goal of this project is the engineering development of two advanced physical fine coal cleaning processes, column flotation and selective agglomeration, for premium fuel applications. The project scope included laboratory research and bench-scale testing on six coals to optimize these processes, followed by the design, construction and operation of 2 t/hr process development unit (PDU). This report represents the findings of the PDU Advanced Column Flotation Testing and Evaluation phase of the program and includes a discussion of the design and construction of the PDU. Three compliance steam coals, Taggart, Indiana VII and Hiawatha, were processed in the PDU to determine performance and design parameters for commercial production of premium fuel by advanced flotation. Consistent, reliable performance of the PDU was demonstrated by 72-hr production runs on each of the test coals. Its capacity generally was limited by the dewatering capacity of the clean coal filters during the production runs rather than by the flotation capacity of the Microcel column. The residual concentrations of As, Pb, and Cl were reduced by at least 25% on a heating value basis from their concentrations in the test coals. The reduction in the concentrations of Be, Cd, Cr, Co, Mn, Hg, Ni and Se varied from coal to coal but the concentrations of most were greatly reduced from the concentrations in the ROM parent coals. The ash fusion temperatures of the Taggart and Indiana VII coals, and to a much lesser extent the Hiawatha coal, were decreased by the cleaning.

  18. Studies on Physical and Sensory Properties of Premium Vanilla Ice Cream Distributed in Korean Market.

    Science.gov (United States)

    Choi, Mi-Jung; Shin, Kwang-Soon

    2014-01-01

    The object of this study was to investigate the difference in physical and sensory properties of various premium ice creams. The physical properties of the various ice creams were compared by manufacturing brand. The water contents of the samples differed, with BR having the highest value at 60.5%, followed by NT and CS at 57.8% and 56.9%, respectively. The higher the water content, the lower Brix and milk fat contents in all samples. The density of the samples showed almost similar values in all samples (p>0.05). The viscosity of each ice cream had no effect on the water content in any of the brands. Before melting of the ice cream, the total color difference was dependent on the lightness, especially in the vanilla ice cream, owing to the reflection of light on the surface of the ice crystals. The CS product melted the fastest. In the sensory test, CS obtained a significantly higher sweetness intensity score but a lower score for color intensity, probably due to the smaller difference in total color, by which consumers might consider the color of CS as less intense. From this study, the cold chain system for ice cream distribution might be important to decide the physical properties although the concentration of milk fat is key factor in premium ice cream.

  19. ASSESSMENT OF COMBINED HEAT AND POWER SYSTEM"PREMIUM POWER" APPLICATIONS IN CALIFORNIA

    Energy Technology Data Exchange (ETDEWEB)

    Norwood, Zack; Lipman, Timothy; Stadler, Michael; Marnay, Chris

    2010-06-01

    The effectiveness of combined heat and power (CHP) systems for power interruption intolerant,"premium power," facilities is the focus of this study. Through three real-world case studies and economic cost minimization modeling, the economic and environmental performance of"premium power" CHP is analyzed. The results of the analysis for a brewery, data center, and hospital lead to some interesting conclusions about CHP limited to the specific CHP technologies installed at those sites. Firstly, facilities with high heating loads prove to be the most appropriate for CHP installations from a purely economic standpoint. Secondly, waste heat driven thermal cooling systems are only economically attractive if the technology for these chillers can increase above the current best system efficiency. Thirdly, if the reliability of CHP systems proves to be as high as diesel generators they could replace these generators at little or no additional cost if the thermal to electric (relative) load of those facilities was already high enough to economically justify a CHP system. Lastly, in terms of greenhouse gas emissions, the modeled CHP systems provide some degree of decreased emissions, estimated at approximately 10percent for the hospital, the application with the highest relative thermal load in this case

  20. Loading and Contact Stress Analysis on the Thread Teeth in Tubing and Casing Premium Threaded Connection

    Directory of Open Access Journals (Sweden)

    Honglin Xu

    2014-01-01

    Full Text Available Loading and contact stress distribution on the thread teeth in tubing and casing premium threaded connections are of great importance for design optimization, pretightening force control, and thread failure prevention. This paper proposes an analytical method based on the elastic mechanics. This is quite different from other papers, which mainly rely on finite element analysis. The differential equation of load distribution on the thread teeth was established according to equal pitch of the engaged thread after deformation and solved by finite difference method. Furthermore, the relation between load acting on each engaged thread and mean contact stress on its load flank is set up based on the geometric description of thread surface. By comparison, this new analytical method with the finite element analysis for a modified API 177.8 mm premium threaded connection is approved. Comparison of the contact stress on the last engaged thread between analytical model and FEM shows that the accuracy of analytical model will decline with the increase of pretightening force after the material enters into plastic deformation. However, the analytical method can meet the needs of engineering to some extent because its relative error is about 6.2%~18.1% for the in-service level of pretightening force.

  1. Fuzzy-probabilistic multi agent system for breast cancer risk assessment and insurance premium assignment.

    Science.gov (United States)

    Tatari, Farzaneh; Akbarzadeh-T, Mohammad-R; Sabahi, Ahmad

    2012-12-01

    In this paper, we present an agent-based system for distributed risk assessment of breast cancer development employing fuzzy and probabilistic computing. The proposed fuzzy multi agent system consists of multiple fuzzy agents that benefit from fuzzy set theory to demonstrate their soft information (linguistic information). Fuzzy risk assessment is quantified by two linguistic variables of high and low. Through fuzzy computations, the multi agent system computes the fuzzy probabilities of breast cancer development based on various risk factors. By such ranking of high risk and low risk fuzzy probabilities, the multi agent system (MAS) decides whether the risk of breast cancer development is high or low. This information is then fed into an insurance premium adjuster in order to provide preventive decision making as well as to make appropriate adjustment of insurance premium and risk. This final step of insurance analysis also provides a numeric measure to demonstrate the utility of the approach. Furthermore, actual data are gathered from two hospitals in Mashhad during 1 year. The results are then compared with a fuzzy distributed approach.

  2. Does debt ceiling and government shutdown help in forecasting the us equity risk premium?

    Directory of Open Access Journals (Sweden)

    Aye Goodness C.

    2016-01-01

    Full Text Available This article evaluates the predictability of the equity risk premium in the United States by comparing the individual and complementary predictive power of macroeconomic variables and technical indicators using a comprehensive set of 16 economic and 14 technical predictors over a monthly out-ofsample period of 1995:01 to 2012:12 and an in-sample period of 1986:01- 1994:12. In order to do so we consider, in addition to the set of variables used in Christopher J. Neely et al. (2013 and using a more recent dataset, the forecasting ability of two other important variables namely government shutdown and debt ceiling. Our results show that one of the newly added variables namely government shutdown provides statistically significant out-of-sample predictive power over the equity risk premium relative to the historical average. Most of the variables, including government shutdown, also show significant economic gains for a risk averse investor especially during recessions.

  3. THE INFLUENCE OF HYSTERESIS IN CONSUMER’S BEHAVIOUR FOR PREMIUM PRICE EVALUATION

    Directory of Open Access Journals (Sweden)

    Evgeny KRYUKOV

    2014-10-01

    Full Text Available The paper deals with an example of the manifestation of the hysteresis in consumers’ behaviour for the Latvian company operating on the market closest to oligopoly and having a local brand name. Based on the quota sample of 332 company stores consumers, their loyalty, willingness to pay for domestic cosmetic products and the propensity to buy habitual products were evaluated. In the survey the unfolding bracketing procedure is used. It is shown that the relationship between the number of loyal consumers and the product price depends on the price increase or decrease and has the form of a hysteresis loop. The width of the hysteresis loop depends on the pricing of a competing company. The range of the premium prices bringing a positive economic impact is determined. The obtained results confirm a considerable influence of the hysteresis effect on consumers’ sensitivity to price changes. The findings can be useful for managers in evaluating a possible revenue growth connected with the premium pricing strategy.

  4. Bayesian Statistics in Adjustment of Premium%贝叶斯方法在调整保险费率中的应用

    Institute of Scientific and Technical Information of China (English)

    陈正; 汪飞飞

    2012-01-01

    Adjustment of premium by the situation of the market management is very important for the in- surance company. This paper illustrates Bayesian premium adjusted method by using example analyzes the feasibility of premium valuation under Bayesian premium adjusted method. Both method and conclusions could be applied in small sample premium valuation of non-life insurance practice.%根据市场经营情况适时调整保险费系统对保险公司至关重要。对贝叶斯调整保险费方法进行阐述,运用实例分析说明贝叶斯调整保险费方法估计保险费率的可行性。本文的方法和结论可运用于非寿险实务中小样本数据的保险费估计工作。

  5. Should Law Keep Pace with Society? Relative Update Rates Determine the Co-Evolution of Institutional Punishment and Citizen Contributions to Public Goods

    Directory of Open Access Journals (Sweden)

    Daria Roithmayr

    2015-06-01

    Full Text Available Until recently, theorists considering the evolution of human cooperation have paid little attention to institutional punishment, a defining feature of large-scale human societies. Compared to individually-administered punishment, institutional punishment offers a unique potential advantage: the ability to control how quickly legal rules of punishment evolve relative to social behavior that legal punishment regulates. However, at what rate should legal rules evolve relative to society to maximize compliance? We investigate this question by modeling the co-evolution of law and cooperation in a public goods game with centralized punishment. We vary the rate at which States update their legal punishment strategy relative to Citizens’ updating of their contribution strategy and observe the effect on Citizen cooperation. We find that when States have unlimited resources, slower State updating lead to more Citizen cooperation: by updating more slowly, States force Citizens to adapt to the legal punishment rules. When States depend on Citizens to finance their punishment activities, however, we find evidence of a ‘Goldilocks’ effect: optimal compliance is achieved when legal rules evolve at a critical evolutionary rate that is slow enough to force citizens to adapt, but fast enough to enable states to quickly respond to outbreaks of citizen lawlessness.

  6. Regular and negative self-rated health in students from a public university fromNortheastern,Brazil: prevalence and associated factors

    Directory of Open Access Journals (Sweden)

    Thiago Ferreira de Sousa

    2014-10-01

    Full Text Available Self-rated health is a major health indicator and has been widely used in epidemiologic surveys. Current study analyzes the factors associated to regular and negative self-rated health in Brazilian college students. Current investigation is a segment of the 2010 MONISA study carried out in a Brazilian public university with 5,461 students. Estimated sample comprised 1,232 university students and results showed self-rated regular and negative health. Multinomial logistic regression estimated Odds Ratio (OR. The factors associated to regular health self-evaluation negative assessment of relationship with professors (OR: 1.85; CI95%: 1.20-2.87; inactivity in leisure (OR: 2.34; CI95%: 1.73-3.16; insufficient consumption of vegetables; almost daily consumption of soft drinks; assessment of intermediate and negative stress (OR: 3.34; CI95%: 2.11-5.28. Students inactive in leisure (OR: 2.37; 95%CI: 1.09-5.13, students with self-evaluated negative stress (OR: 10.1; 95%CI: 3.23-31.8 and obese students (OR: 4.52; 95%CI: 1.36-15.0 were associated to the negative health self-assessment. It has been verified that health behavior is rather associated to the regular self-assessment of health, whereas perceptive and biological indicators were more associated to negative health self-assessment.

  7. Skin conductance and heart-rate responsivity to public speaking imagery among students with high and low self-reported fear: a comparative analysis of "response" definitions.

    Science.gov (United States)

    Giesen, J M; McGlynn, F D

    1977-01-01

    The experiment evaluated the feasibility of using self-report measures of public speaking anxiety to select autonomically responsive Ss for behavior therapy research and the influence of E's definition of "response" on empirical generalizations derived from the study. Heartrate and skin conductance responses of Ss who scored high and of Ss who scored low on self-report fear measures were monitored during neutral and speech-related imagery. High-scoring Ss were more responsive than were low-scoring Ss, but the surplus responsivity was not cued uniquely by speech-related imagery. Examination of four definitions (transformations) of heart-rate response and five definitions of skin conductance response showed that different conclusions were yielded by differing response definitions. Implications of the findings for further research are presented.

  8. Work to save dose: contrasting effective dose rates from radon exposure in workplaces and residences against the backdrop of public and occupational limits

    Energy Technology Data Exchange (ETDEWEB)

    Whicker, Jeffrey J [Los Alamos National Laboratory; Mcnaughton, Michael W [Los Alamos National Laboratory

    2009-01-01

    Office workers are exposed to radon while at work and at home. Though there has been a multitude of studies reporting the measurements of radon concentrations and potential lung and effective doses associated with radon and progeny exposure in homes, similar studies on the concentrations and subsequent effective dose rates in the non-mine workplaces are lacking. Additionally, there are few, if any, comparative analyses of radon exposures at more 'typical' workplace with residential exposures within the same county. The purposes of this study were to measure radon concentrations in office and residential spaces in the same county and explore the radiation dose implications. Sixty-five track-etch detectors were deployed in office spaces and 47 were deployed in residences, all within Los Alamos County, New Mexico, USA. The sampling periods for these measurements were generally about three months. The measured concentrations were used to calculate and compare effective dose rates resulting from exposure while at work and at home. Results showed that full-time office workers receive on average about 8 times greater exposure at home than while in the office (2.3 mSv yr-! versus 0.3 mSv yr-!). The estimated effective dose rate for a more homebound person was about 3 mSv yr-!. Estimating effective doses from background radon exposure in the same county as Los Alamos National Laboratory, with thousands of'radiological workers,' highlights interesting contrasts in radiation protection standards that span public and occupational settings. For example, the effective dose rate from background radon exposure in unregulated office spaces ranged up to 1.1 mSv yr-!, which is similar to the 1 mSv yr-! threshold for regulation ofa 'radiological worker,' as defined in the Department of Energy regulations for occupational exposure. Additionally, the estimated average effective dose total of> 3 mSv yf! from radon background exposure in homes stands in

  9. Competitive strategy to provide technology and basic designs for the construction of new refineries premium of the PETROBRAS; Estrategia competitiva para prover tecnologias e projetos basicos para a construcao de novas refinarias premium da PETROBRAS

    Energy Technology Data Exchange (ETDEWEB)

    Claudia, Baptista M.L.A.; Adalberto, Barbalho S. [Petroleo Brasileiro S.A. (PETROBRAS), Rio de Janeiro, RJ (Brazil)

    2012-07-01

    Nowadays, there are major incentives for the construction of new refineries in Brazil: the increase of the local market and the discovery of huge oil reserves in the southeastern Atlantic coast of Brazil. In this scenario, PETROBRAS decided to construct two new refineries, Premium I and II, with a total refining capacity of 900.000 BPSD. The refineries will be designed to process a mix of Brazilian national crudes. The main objects of this ambitious project are to produce high quality diesel and jet fuel from an elevated nitrogen content feedstock, minimizing capital expenditure and schedule. Both refineries will have the same flow scheme with a target to maximize Middle distillate production for the European and local markets. In order to assure that the refinery scheme and the technologies selected will provide the best Net Present Value (NPV), it was decided to perform a Design Competition process to select the company to provide the basic design for all Premium refineries. As the concepts behind a Design Competition were new for PETROBRAS a rigorous process was developed and followed, which entailed contracting three benchmark companies with outstanding knowledge and experience in hydroprocessing to provide independent conceptual studies for a 300.000 BPSD refinery called Premium II. The vision was to utilize the same refinery scheme in the construction of the Premium I refinery which will have two identical trains processing 300.000 BPD. The awarded company was selected based on technical and economic evaluations, supported by state of the art hydroprocessing technologies, block flow diagram optimization and heat integration. This strategy allowed PETROBRAS to acquire the best refinery scheme and process designs for the PREMIUM refineries. The present paper discusses the design competition process, the refinery scheme adopted and the results achieved. (author)

  10. 适度出砂开采标准金属网布优质筛管防砂参数设计实验研究%Experimental study on premium screen mesh opening design for reasonable sand control

    Institute of Scientific and Technical Information of China (English)

    王利华; 邓金根; 周建良; 何保生; 曾祥林

    2011-01-01

    The large-scaled sandig simulation device has been used to measure the flow rate, pressure drop and sand production rate after sand control with premium screen on different sand-cuntrol parameters, analyze the inherent law among the sand-control parameters, oil well produetivity and sand production rate. and set up the design plate of premium screen mesh opening for reasonable, sand control. The research results indicate that, as keeping the sand content in oil within 0.3‰ in the typical offshore sand control design, it is required to adopt the mesh opening of premium screen no more than 0.88 d50; as keeping the sand content in oil within 0.5‰ in the reasonable sanding production. the mesh opening of premium screen can be magnified to no more than 1.27 d50, which can improve oil well productivity by more than 30%,compared with conventional sand-control design.The research conclusion has succeeded in applying in NB35-2 oilfield.%利用自行研制的全尺寸大型出砂模拟实验装置,测定了不同防砂参数下利用标准金属网布优质筛管(以下简称筛管)防砂后的流量、压降及出砂量,分析了筛管防砂参数与油井产能、出砂量的关系,并建立了适度出砂条件下筛管防砂参数设计图版.研究结果表明:当依据海上油田传统防砂设计要求出砂量控制在0.3‰以内时,要求筛管防砂参数不大于0.88d(粒度中值);适度出砂开采时允许出砂量控制在0.5‰以内,此时筛管防砂参数可放大到不大于1.27d;相对于传统防砂设计,本文防砂参数设计可提高油井产能30%以上.该研究成果目前已成功应用于NB35-2油田.

  11. 26 CFR 1.264-1 - Premiums on life insurance taken out in a trade or business.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 3 2010-04-01 2010-04-01 false Premiums on life insurance taken out in a trade... taxpayer on a life insurance policy are not deductible from the taxpayer's gross income, even though they would otherwise be deductible as trade or business expenses, if they are paid on a life insurance...

  12. Farmgate private standards and price premium: evidence from the GlobalGAP scheme in Kenya's French beans marketing

    NARCIS (Netherlands)

    Kariuki, I.M.; Loy, J.P.; Herzfeld, T.

    2012-01-01

    The proliferation of private quality and assurance schemes in international trade is defining market access in high value chains. The prime concern for small-scale producers is whether price premiums are realizable due to compliance. Using French beans marketing, the authors find that GlobalGAP cert

  13. The Structural Stability of a One-Day Risk Premium in View of the Recent Financial Crisis

    Directory of Open Access Journals (Sweden)

    Krzysztof DRACHAL

    2015-07-01

    Full Text Available The aim of this research is to analyze a short-term risk premium in Poland between 2005 and 2015. In particular one-day periods are considered. It is studies whether the same GARCH type model can be applied for the whole period, or whether the estimated parameters differ significantly for selected sub-periods.

  14. 26 CFR 1.72-8 - Effect of certain employer contributions with respect to premiums or other consideration paid or...

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 2 2010-04-01 2010-04-01 false Effect of certain employer contributions with respect to premiums or other consideration paid or contributed by an employee. 1.72-8 Section 1.72-8...) INCOME TAXES (CONTINUED) Items Specifically Included in Gross Income § 1.72-8 Effect of certain...

  15. Assessment of reporting quality of conference abstracts in sports injury prevention according to CONSORT and STROBE criteria and their subsequent publication rate as full papers.

    Science.gov (United States)

    Yoon, Uzung; Knobloch, Karsten

    2012-04-11

    The preliminary results of a study are usually presented as an abstract in conference meetings. The reporting quality of those abstracts and the relationship between their study designs and full paper publication rate is unknown. We hypothesized that randomized controlled trials are more likely to be published as full papers than observational studies. 154 oral abstracts presented at the World Congress of Sports Injury Prevention 2005 Oslo and the corresponding full paper publication were identified and analysed. The main outcome measures were frequency of publication, time to publication, impact factor, CONSORT (for Consolidated Standards of Reporting Trials) score, STROBE (for Strengthening the Reporting of Observational Studies in Epidemiology) score, and minor and major inconsistencies between the abstract and the full paper publication. Overall, 76 of the 154 (49%) presented abstracts were published as full papers in a peer-reviewed journal with an impact factor of 1.946 ± 0.812. No significant difference existed between the impact factor for randomized controlled trials (2.122 ± 1.015) and observational studies (1.913 ± 0.765, p = 0.469). The full papers for the randomized controlled trials were published after an average (SD) of 17 months (± 13 months); for observational studies, the average (SD) was 12 months (± 14 months) (p = 0.323). A trend was observed in this study that a higher percentage of randomized controlled trial abstracts were published as full papers (71% vs. 47%, p = 0.078) than observational trials. The reporting quality of abstracts, published as full papers, significantly increased compared to conference abstracts both in randomized control studies ( 5.7 ± 0.7 to 7.2 ± 1.3; p = 0.018, CI -2.7 to -0.32) and in observational studies (STROBE: 8.2 ± 1.3 to 8.6 ± 1.4; p = 0.007, CI -0.63 to -0.10). All of the published abstracts had at least one minor inconsistency (title, authors, research center, outcome presentation, conclusion

  16. Assessment of reporting quality of conference abstracts in sports injury prevention according to CONSORT and STROBE criteria and their subsequent publication rate as full papers

    Directory of Open Access Journals (Sweden)

    Yoon Uzung

    2012-04-01

    Full Text Available Abstract Background The preliminary results of a study are usually presented as an abstract in conference meetings. The reporting quality of those abstracts and the relationship between their study designs and full paper publication rate is unknown. We hypothesized that randomized controlled trials are more likely to be published as full papers than observational studies. Methods 154 oral abstracts presented at the World Congress of Sports Injury Prevention 2005 Oslo and the corresponding full paper publication were identified and analysed. The main outcome measures were frequency of publication, time to publication, impact factor, CONSORT (for Consolidated Standards of Reporting Trials score, STROBE (for Strengthening the Reporting of Observational Studies in Epidemiology score, and minor and major inconsistencies between the abstract and the full paper publication. Results Overall, 76 of the 154 (49% presented abstracts were published as full papers in a peer-reviewed journal with an impact factor of 1.946 ± 0.812. No significant difference existed between the impact factor for randomized controlled trials (2.122 ± 1.015 and observational studies (1.913 ± 0.765, p = 0.469. The full papers for the randomized controlled trials were published after an average (SD of 17 months (± 13 months; for observational studies, the average (SD was 12 months (± 14 months (p = 0.323. A trend was observed in this study that a higher percentage of randomized controlled trial abstracts were published as full papers (71% vs. 47%, p = 0.078 than observational trials. The reporting quality of abstracts, published as full papers, significantly increased compared to conference abstracts both in randomized control studies (CONSORT: 5.7 ± 0.7 to 7.2 ± 1.3; p = 0.018, CI -2.7 to -0.32 and in observational studies (STROBE: 8.2 ± 1.3 to 8.6 ± 1.4; p = 0.007, CI -0.63 to -0.10. All of the published abstracts had at least one minor inconsistency (title, authors

  17. Patriotic values for public goods

    DEFF Research Database (Denmark)

    Dallimer, Martin; Jacobsen, Jette Bredahl; Lundhede, Thomas;

    2015-01-01

    The natural environment is central to human well-being through its role in ecosystem service (ES) provision. Managing ES often requires coordination across international borders. Although this may deliver greater conservation gains than countries acting alone, we do not know whether the public...... supports such an international approach. Using the same questionnaire in three countries, we quantified public preferences for ES in home countries and across international borders. In all three countries, the people were generally willing to pay for ES. However, our results show that there is a limit...... to the extent that environmental goods can be considered global. ES with a use element (habitat conservation, landscape preservation) attracted a patriotic premium, such that the people were willing to pay significantly more for locally delivered services. Supranational management of ES needs to be balanced...

  18. A toy story: Association between young children's knowledge of fast food toy premiums and their fast food consumption.

    Science.gov (United States)

    Longacre, Meghan R; Drake, Keith M; Titus, Linda J; Cleveland, Lauren P; Langeloh, Gail; Hendricks, Kristy; Dalton, Madeline A

    2016-01-01

    Fast food restaurants spend millions of dollars annually on child-targeted marketing, a substantial portion of which is allocated to toy premiums for kids' meals. The objectives of this study were to describe fast food toy premiums, and examine whether young children's knowledge of fast food toy premiums was associated with their fast food consumption. Parents of 3- to 5-year old children were recruited from pediatric and WIC clinics in Southern New Hampshire, and completed a cross-sectional survey between April 2013-March 2014. Parents reported whether their children usually knew what toys were being offered at fast food restaurants, and whether children had eaten at any of four restaurants that offer toy premiums with kids' meals (McDonald's, Burger King, Subway, Wendy's) during the 7 days preceding the survey. Seventy-one percent of eligible parents participated (N = 583); 48.4% did not receive any education beyond high school, and 27.1% of children were non-white. Half (49.7%) the children had eaten at one or more of the four fast food restaurants in the past week; one-third (33.9%) had eaten at McDonald's. The four restaurants released 49 unique toy premiums during the survey period; McDonald's released half of these. Even after controlling for parent fast food consumption and sociodemographics, children were 1.38 (95% CI = 1.04, 1.82) times more likely to have consumed McDonald's if they usually knew what toys were offered by fast food restaurants. We did not detect a relationship between children's toy knowledge and their intake of fast food from the other restaurants. In this community-based sample, young children's knowledge of fast food toys was associated with a greater frequency of eating at McDonald's, providing evidence in support of regulating child-directed marketing of unhealthy foods using toys.

  19. Trends in the Use of Premium and Discount Cigarette Brands: Findings from the ITC US Surveys (2002–2011)

    Science.gov (United States)

    Cornelius, Monica E.; Driezen, Pete; Fong, Geoffrey T.; Chaloupka, Frank J.; Hyland, Andrew; Bansal-Travers, Maansi; Carpenter, Matthew J.; Cummings, K. Michael

    2014-01-01

    Objective The purpose of this paper was to examine trends in the use of premium and discount cigarette brands and determine correlates of type of brand used and brand switching. Methods Data from the International Tobacco Control (ITC) US adult smoker cohort survey were analyzed. The total study sample included 6669 adult cigarette smokers recruited and followed from 2002 to 2011 over eight different survey waves. Each survey wave included an average of 1700 smokers per survey with replenishment of those lost to follow-up. Results Over the eight survey waves, a total of 260 different cigarette brands were reported by smokers, of which 17% were classified as premium and 83% as discount brands. Marlboro, Newport, and Camel were the most popular premium brands reported by smokers in our sample over all eight survey waves. The percentage of smokers using discount brands increased between 2002 and 2011, with a marked increase in brand switching from premium to discount cigarettes observed after 2009 corresponding to the $0.61 increase in the federal excise tax on cigarettes. Cigarette brand preferences varied by age group and income levels with younger, higher income smokers more likely to report smoking premium brand cigarettes, while older, middle and lower income, heavier smokers were more likely to report using discount brands. Conclusions Our data suggest that demographic and smoking trends favor the continued growth of low priced cigarette brands. From a tobacco control perspective, the findings from this study suggest that governments should consider enacting stronger minimum pricing laws in order to keep the base price of cigarettes high, since aggressive price marketing will likely continue to be used by manufacturers to compete for the shrinking pool of remaining smokers in the population. PMID:24092600

  20. Trends in the use of premium and discount cigarette brands: findings from the ITC US Surveys (2002-2011).

    Science.gov (United States)

    Cornelius, Monica E; Driezen, Pete; Fong, Geoffrey T; Chaloupka, Frank J; Hyland, Andrew; Bansal-Travers, Maansi; Carpenter, Matthew J; Cummings, K Michael

    2014-03-01

    The purpose of this paper was to examine trends in the use of premium and discount cigarette brands and determine correlates of type of brand used and brand switching. Data from the International Tobacco Control (ITC) US adult smoker cohort survey were analysed. The total study sample included 6669 adult cigarette smokers recruited and followed from 2002 to 2011 over eight different survey waves. Each survey wave included an average of 1700 smokers per survey with replenishment of those lost to follow-up. Over the eight survey waves, a total of 260 different cigarette brands were reported by smokers, of which 17% were classified as premium and 83% as discount brands. Marlboro, Newport, and Camel were the most popular premium brands reported by smokers in our sample over all eight survey waves. The percentage of smokers using discount brands increased between 2002 and 2011, with a marked increase in brand switching from premium to discount cigarettes observed after 2009 corresponding to the $0.61 increase in the federal excise tax on cigarettes. Cigarette brand preferences varied by age group and income levels with younger, higher income smokers more likely to report smoking premium brand cigarettes, while older, middle and lower income, heavier smokers were more likely to report using discount brands. Our data suggest that demographic and smoking trends favour the continued growth of low priced cigarette brands. From a tobacco control perspective, the findings from this study suggest that governments should consider enacting stronger minimum pricing laws in order to keep the base price of cigarettes high, since aggressive price marketing will likely continue to be used by manufacturers to compete for the shrinking pool of remaining smokers in the population.