WorldWideScience

Sample records for technology saves money

  1. Save Energy: Save Money!

    Science.gov (United States)

    Eccli, Eugene; And Others

    This publication is a collection of inexpensive energy saving tips and home improvements for home owners, particularly in low-income areas or in older homes. Section titles are: (1) Keeping Warm; (2) Getting Heat Where You Need It; (3) Using the Sun; (4) Furnaces, Stoves, and Fireplaces; (5) Insulation and Other Energy Needs; (6) Do-It-Yourself…

  2. Disruptive Technology: Saving Money and Inspiring Engagement in Professional Staff.

    Science.gov (United States)

    McPherson, Penne; Talbot, Elizabeth

    Competent, efficient, and cost-effective delivery of professional development is a challenge in health care. Collaboration of teaching methodologies with academia and acute care offers fresh perspectives and delivery methods that can facilitate optimal outcomes. One multihospital system introduced the academic "flipped classroom" model to its acute care setting and integrated it into professional development requirements. The concept of the flipped classroom requires independent student engagement prior to classroom activities versus the traditional classroom lecture model. Results realized a cost savings in 2 years of $28,737 in addition to positive employee engagement.

  3. Saving Money or Spending Tomorrow's Money

    Institute of Scientific and Technical Information of China (English)

    罗芳梅

    2017-01-01

    Chinese are normally believed to be thrifty.However,economic development has had a tremendous impact upon Chinese society,uprooting the long-engraved ideas.With the emergence of the credit cards,spending tomorrow's money becomes a reality.In this way,people are in dilemma:saving money or spending tomorrow's money.Firstly,this paper focuses on the benefits of spending tomorrow's money.Secondly,it shows that spending tomorrow's money is confronted with many challenges.Finally,the paper comes up with some suggestions to solve these problems.

  4. In-cab technologies : an eco-system that can improve efficiency and save you money

    Energy Technology Data Exchange (ETDEWEB)

    Hodge, T. [Geotrac International Inc., Calgary, AB (Canada); Doherty, R. [Verigo Inc., Edmonton, AB (Canada); Clarotta, C. [Intermec Technologies Canada Ltd., Toronto, ON (Canada); Lamb, J. [Vistavu Solutions, Calgary, AB (Canada); Haber, T. [Telus Energy Sector Organization, Calgary, AB (Canada)

    2008-07-01

    Various in-cab technologies were presented by representative from leading oil and gas communications technology experts. The presentation included details of new aircard data and cell phone data plans as well as data modem plans developed for truck fleets by Geotrac International Incorporated. Details of the company's new high speed cellular modems and messaging and mapping systems designed specifically for oil and gas fleets were also presented. The systems were capable of measuring fuel consumption and idling times as well as calculating savings for up to 50 trucks. Details of a driver fatigue and alertness study were presented by Verigo Incorporated, who have developed a system using electronic on-board recorders and wireless logs designed to provide on-line auditing and reports. The presentation provided details of amounts of time saved using the wireless logging and inspection tools. Details of field ticketing, preventative maintenance programs, and unit cost and asset management software tools developed by Vistavu Solutions were presented. New fleet mobility strategies developed by Intermec were also presented. The company specializes in the construction of rugged hand-held computers built to military specifications. It was concluded that use of the computers can provide significant cost savings for oil and gas companies. tabs., figs.

  5. How to save money on medicines

    Science.gov (United States)

    U.S. Food and Drug Administration (FDA) website. Saving money on prescription drugs. www.fda.gov/Drugs/EmergencyPreparedness/BioterrorismandDrugPreparedness/ucm134215.htm . Updated May 4, 2016. Accessed October 14, 2016. U.S. Food and Drug ...

  6. Saving Money and Time with Virtual Server

    CERN Document Server

    Sanders, Chris

    2006-01-01

    Microsoft Virtual Server 2005 consistently proves to be worth its weight in gold, with new implementations thought up every day. With this product now a free download from Microsoft, scores of new users are able to experience what the power of virtualization can do for their networks. This guide is aimed at network administrators who are interested in ways that Virtual Server 2005 can be implemented in their organizations in order to save money and increase network productivity. It contains information on setting up a virtual network, virtual consolidation, virtual security, virtual honeypo

  7. Energy Saver: Tips on Saving Money & Energy at Home

    Energy Technology Data Exchange (ETDEWEB)

    None

    2017-09-01

    Provides consumers with home energy and money savings tips such as insulation, weatherization, heating, cooling, water heating, energy efficient windows, landscaping, lighting, and energy efficient appliances.

  8. Energy Savers Tips on Saving Energy& Money at Home

    Energy Technology Data Exchange (ETDEWEB)

    2003-06-01

    Provides consumers with home energy and money savings tips such as insulation, weatherization, heating, cooling, water heating, energy efficient windows, landscaping, lighting, and energy efficient appliances

  9. Energy Savers: Tips on Saving Money & Energy at Home

    Energy Technology Data Exchange (ETDEWEB)

    None

    2011-12-01

    Provides consumers with home energy and money savings tips such as insulation, weatherization, heating, cooling, water heating, energy efficient windows, landscaping, lighting, and energy efficient appliances.

  10. Energy Savers: Tips on Saving Money & Energy at Home

    Energy Technology Data Exchange (ETDEWEB)

    None

    2014-05-01

    Provides consumers with home energy and money savings tips such as insulation, weatherization, heating, cooling, water heating, energy efficient windows, landscaping, lighting, and energy efficient appliances.

  11. Can health promotion programs save Medicare money?

    Science.gov (United States)

    Goetzel, Ron Z; Shechter, David; Ozminkowski, Ronald J; Stapleton, David C; Lapin, Pauline J; McGinnis, J Michael; Gordon, Catherine R; Breslow, Lester

    2007-01-01

    The impact of an aging population on escalating US healthcare costs is influenced largely by the prevalence of chronic disease in this population. Consequently, preventing or postponing disease onset among the elderly has become a crucial public health issue. Fortunately, much of the total burden of disease is attributable to conditions that are preventable. In this paper, we address whether well-designed health promotion programs can prevent illness, reduce disability, and improve the quality of life. Furthermore, we assess evidence that these programs have the potential to reduce healthcare utilization and related expenditures for the Medicare program. We hypothesize that seniors who reduce their modifiable health risks can forestall disability, reduce healthcare utilization, and save Medicare money. We end with a discussion of a new Senior Risk Reduction Demonstration, which will be initiated by the Centers for Medicare and Medicaid Services in 2007, to test whether risk reduction programs developed in the private sector can achieve health improvements among seniors and a positive return on investment for the Medicare program. PMID:18044084

  12. Cost savings through innovative technologies

    International Nuclear Information System (INIS)

    Lankford, J.M.; Jackson, J.P.

    1995-01-01

    Newly developed technologies can and already are saving money. Other technologies under development will provide solutions to problems which are currently impossible or too expensive to address, and still others will offer alternative strategies where baseline approaches are not acceptable to the public. All of these options will be considered as the nation decides what it wishes to accomplish, and fund, to clean up the nuclear weapons complex

  13. Saving in cycles: how to get people to save more money.

    Science.gov (United States)

    Tam, Leona; Dholakia, Utpal

    2014-02-01

    Low personal savings rates are an important social issue in the United States. We propose and test one particular method to get people to save more money that is based on the cyclical time orientation. In contrast to conventional, popular methods that encourage individuals to ignore past mistakes, focus on the future, and set goals to save money, our proposed method frames the savings task in cyclical terms, emphasizing the present. Across the studies, individuals who used our proposed cyclical savings method, compared with individuals who used a linear savings method, provided an average of 74% higher savings estimates and saved an average of 78% more money. We also found that the cyclical savings method was more efficacious because it increased implementation planning and lowered future optimism regarding saving money.

  14. Can health promotion programs save Medicare money?

    Directory of Open Access Journals (Sweden)

    Ron Z Goetzel

    2007-04-01

    Full Text Available Ron Z Goetzel1, David Shechter2, Ronald J Ozminkowski1, David C Stapleton3, Pauline J Lapin4, J Michael McGinnis5, Catherine R Gordon6, Lester Breslow71Institute for Health and Productivity Studies, Cornell University, Washington, DC; 2Health and Productivity Research, Thomson Medstat, Santa Barbara, CA; 3Cornell Institute for Policy Research, Cornell University, Washington, DC; 4Office of Research, Development, and Information, Centers for Medicare and Medicaid Services, Baltimore, MD; 5National Academy of Sciences, Institute of Medicine, The National Academies, Washington, DC; 6Office of the Director, Centers for Disease Control and Prevention, Washington, DC; 7UCLA School of Public Health, Dept. of Health Services, Los Angeles, CA, USAAbstract: The impact of an aging population on escalating US healthcare costs is influenced largely by the prevalence of chronic disease in this population. Consequently, preventing or postponing disease onset among the elderly has become a crucial public health issue. Fortunately, much of the total burden of disease is attributable to conditions that are preventable. In this paper, we address whether well-designed health promotion programs can prevent illness, reduce disability, and improve the quality of life. Furthermore, we assess evidence that these programs have the potential to reduce healthcare utilization and related expenditures for the Medicare program. We hypothesize that seniors who reduce their modifiable health risks can forestall disability, reduce healthcare utilization, and save Medicare money. We end with a discussion of a new Senior Risk Reduction Demonstration, which will be initiated by the Centers for Medicare and Medicaid Services in 2007, to test whether risk reduction programs developed in the private sector can achieve health improvements among seniors and a positive return on investment for the Medicare program.Keywords: health promotion, return on investment, Medicare, financial

  15. Blade runner. Blade server and virtualization technology can help hospitals save money--but they are far from silver bullets.

    Science.gov (United States)

    Lawrence, Daphne

    2009-03-01

    Blade servers and virtualization can reduce infrastructure, maintenance, heating, electric, cooling and equipment costs. Blade server technology is evolving and some elements may become obsolete. There is very little interoperability between blades. Hospitals can virtualize 40 to 60 percent of their servers, and old servers can be reused for testing. Not all applications lend themselves to virtualization--especially those with high memory requirements. CIOs should engage their vendors in virtualization discussions.

  16. Living green saves money. Personal environmental burden test

    International Nuclear Information System (INIS)

    2003-01-01

    Based on a number of questions one can calculate the environmental burden of a lifestyle and determine which measures can unburden the environment and how much money can be saved by changing a lifestyle [nl

  17. Money in the bank : Feeling powerful increases saving

    NARCIS (Netherlands)

    Garbinsky, E.; Klesse, A.K.; Aaker, J.

    2014-01-01

    Across five studies, this research reveals that feeling powerful increases saving. This effect is driven by the desire to maintain one’s current state. When the purpose of saving is no longer to accumulate money but to spend it on a status-related product, the basic effect is reversed, and those who

  18. Using electronic health records to save money.

    Science.gov (United States)

    Bar-Dayan, Yosefa; Saed, Halil; Boaz, Mona; Misch, Yehudith; Shahar, Talia; Husiascky, Ilan; Blumenfeld, Oren

    2013-06-01

    Health information technology, especially electronic health records (EHRs), can be used to improve the efficiency and effectiveness of healthcare providers. This study assessed the cost-savings of incorporating a list of preferred specialty care providers into the EHRs used by all primary care physicians (PCPs), accompanied by a comprehensive implementation plan. On January 1, 2005, all specialty clinic providers at the Israeli Defense Forces were divided into one of four financial classes based on their charges, class 1, the least expensive, being the most preferred, followed by classes 2-4. This list was incorporated into the EHRs used by all PCPs in primary care clinics. PCPs received comprehensive training. Target referral goals were determined for each class and measured for 4 years, together with the total cost of all specialist visits in the first year compared to the following years. Quality assessment (QA) scores were used as a measure of the program's effect on the quality of patient care. During 2005-2008, a marginally significant decline in referrals to class 1 was observed (r=-0.254, p=0.078), however a significant increase in referral rates to class 2 was observed (r=0.957, p=0.042), concurrent with a decrease in referral rates to classes 3 and 4 (r=-0.312, p=0.024). An inverse correlation was observed between year and total costs for all visits to specialists (2008 prices; r=-0.96, p=0.04), and between the mean cost of one specialist visit over the 4 years, indicating a significant reduction in real costs (2008 prices; r=-0.995, p=0.005). QA was not affected by these changes (r=0.94, p=0.016). From a policy perspective, our data suggest that EHR can facilitate effective utilization of healthcare providers and decrease costs.

  19. Use staff wisely to save NHS money.

    Science.gov (United States)

    Moore, Alison

    2015-12-09

    The NHS could save up to £ 2 billion a year by improving workflow and containing workforce costs, according to Labour peer Lord Carter's review of NHS efficiency. Changes in areas such as rostering and management of annual leave must avoid increasing the pressure on staff.

  20. Tip Saves Energy, Money for Pennsylvania Plant

    Science.gov (United States)

    A wastewater treatment plant in Berks County, Pennsylvania is saving nearly $45,000 a year and reducing hundreds of metric tons of greenhouse gases since employing an energy conservation tip offered by the Water Protection Division in EPA’s R3 and PADEP.

  1. A REALLY WHEEZY WAY TO SAVE MONEY.

    Science.gov (United States)

    Li, Grace; Almossawi, Ofran; Dulfeker, Hasna; Jones, Vicky; Taylor, Felicity

    2016-09-01

    to £2.48 for the equivalent dose of non-soluble prednisolone dispensed with a tablet crusher. Several hospital trusts have switched to using non-soluble prednisolone in order to achieve cost savings, but there have been anecdotal reports of poor palatability, raising concerns about compliance with taking medication once discharged.The switch from a soluble to a non-soluble formulation of prednisolone represents an annual saving of more than £44,000 for this hospital alone and, at scale, could realise substantial potential savings to the NHS, without compromising patients' clinical care. 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/

  2. How EPRI [Electric Power Research Institute] helps utilities save money

    International Nuclear Information System (INIS)

    Anon.

    1996-01-01

    A number of case studies are presented which illustrate how the work of the Electric Power Research Institute in the USA has enabled nuclear utilities to save money. The areas covered by the examples are: steam generator tube repair; streamlining of reliability centred maintenance; cost effective instrumentation and control maintenance; reducing the frequency of instrument calibration; optimising the engineering change process; detecting and reducing fuel failure; extending the qualified life of equipment. (U.K.)

  3. 75 FR 33501 - Definitions for Regulations Affecting All Savings Associations; Money Market Deposit Accounts

    Science.gov (United States)

    2010-06-14

    ...] RIN 1550-AC40 Definitions for Regulations Affecting All Savings Associations; Money Market Deposit... Supervision is amending its regulations to eliminate restrictions on certain kinds of transfers from money... for savings deposit, Regulation D lists several types of savings deposit accounts, including Money...

  4. Don't pay taxes, save your money!

    OpenAIRE

    Bradáč, Michal

    2011-01-01

    Bachelor thesis "Don't Pay Taxes, Save Your Money!" focuses on the impact of the existence of tax havens on private and public sector. On the theoretical level, it shows the attractivity of tax havens for sufficiently large firms that can afford to pay costs of tax planning and profit manipulations. On the empirical level, it shows that tax havens are really the most successful jurisdictions in attracting foreign investors. In the end, two models of tax competition are introduced in order to ...

  5. Save Time and Money through Chemistry (by Ken Carpenter)

    Science.gov (United States)

    Hazari, Al

    1998-01-01

    Useful Chemistry Publishing: Dayton, OH, 1997. 261 pp. Figs. and tables. ISBN: 0965566714. $24.95 (soft cover only). Would you like to learn about the 5 W's of everyday chemistry and chemicals? Who(m) should you see to learn to identify and appraise jewelry? What should you eat for breakfast? When should you get up from your sleep? Where is cholesterol in the human body? Why do pool owners add hydrochloric acid? Then read Save Time and Money through Chemistry, by Ken Carpenter. This book is loaded with practical and useful chemistry information that every person who took chemistry in high school or college wishes he or she had been introduced or exposed to. I know I do.

  6. Saving Energy and Money: A Lesson in Computer Power Management

    Science.gov (United States)

    Lazaros, Edward J.; Hua, David

    2012-01-01

    In this activity, students will develop an understanding of the economic impact of technology by estimating the cost savings of power management strategies in the classroom. Students will learn how to adjust computer display settings to influence the impact that the computer has on the financial burden to the school. They will use mathematics to…

  7. Energy Savers--Tips on Saving Energy and Money at Home (Fifth Printing)

    International Nuclear Information System (INIS)

    DOE Office of Building Technology, State and Community Programs

    2001-01-01

    Provides consumers with home energy and money savings tips such as insulation, weatherization, heating, cooling, water heating, energy efficient windows, landscaping, lighting, and energy efficient appliances

  8. Energy Savers---Tips on Saving Energy and Money at Home (Fifth Printing)

    Energy Technology Data Exchange (ETDEWEB)

    DOE Office of Building Technology, State and Community Programs

    2001-08-13

    Provides consumers with home energy and money savings tips such as insulation, weatherization, heating, cooling, water heating, energy efficient windows, landscaping, lighting, and energy efficient appliances.

  9. Does good medication adherence really save payers money?

    Science.gov (United States)

    Stuart, Bruce C; Dai, Mingliang; Xu, Jing; Loh, Feng-Hua E; S Dougherty, Julia

    2015-06-01

    Despite a growing consensus that better adherence with evidence-based medications can save payers money, assertions of cost offsets may be incomplete if they fail to consider additional drug costs and/or are biased by healthy adherer behaviors unobserved in typical medical claims-based analyses. The objective of this study was to determine whether controlling for healthy adherer bias (HAB) materially affected estimated medical cost offsets and additional drug spending associated with higher adherence. A total of 1273 Medicare beneficiaries with diabetes enrolled in Part D plans between 2006 and 2009. Using survey and claims data from the Medicare Current Beneficiary Survey, we measured medical and drug costs associated with good and poor adherence (proportion of days covered ≥ 80% and <80%, respectively) to oral antidiabetic drugs, ACE inhibitors/ARBs, and statins over 2 years. To test for HAB, we estimated pairs of regression models, one set containing variables typically controlled for in conventional claims analysis and a second set with survey-based variables selected to capture HAB effects. We found consistent evidence that controlling for HAB reduces estimated savings in medical costs from better adherence, and likewise, reduces estimates of additional adherence-related drug spending. For ACE inhibitors/ARBs we estimate that controlling for HAB reduced adherence-related medical cost offsets from $6389 to $4920 per person (P<0.05). Estimates of additional adherence-related drug costs were 26% and 14% lower in HAB-controlled models (P < 0.05). These results buttress the economic case for action by health care payers to improve medication adherence among insured persons with chronic disease. However, given the limitations of our research design, further research on larger samples with other disease states is clearly warranted.

  10. Energy Saver: Tips on Saving Energy and Money in Your Home

    Energy Technology Data Exchange (ETDEWEB)

    Casey, Allison L [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

    2017-10-04

    This guide shows you how easy it is to reduce your energy use at home and on the road. You'll find quick tips you can use to start saving today, as well as information on larger projects that will help save you money over the long term. Find even more information about saving money and energy at home by visiting our website, EnergySaver.gov.

  11. Smart Money

    Science.gov (United States)

    Ullman, Ellen

    2009-01-01

    From using virtualization technology to accepting lunch payments online, school districts are seeking money-saving methods. In this article, the author discusses some methods used by school districts that allow them to save money from using virtualization technology to accepting lunch payments online.

  12. Big Money: The Effect of Money Size on Value Perceptions and Saving Motivation.

    Science.gov (United States)

    Peetz, Johanna; Soliman, Monica

    2016-01-28

    Motivated perception has been shown to affect people's estimates of money (e.g., perceiving coins as larger than real size). In the present research, we examine whether simply varying the size of a picture of money can affect its perceived value and subsequent decisions. Participants presented with a picture of money enlarged by 15% perceived the depicted money as more valuable compared with those seeing a real-size picture (Study 1). When told to imagine their own cash and banked money in the depicted form, participants presented with a picture enlarged by 15% felt more subjectively wealthy and reported fewer intentions to conserve their money compared with those seeing a real-size picture of the same money (Study 2). Together, these studies suggest that judgments about money and even attitudes toward personal spending can be influenced by manipulating the size of a picture of money. © The Author(s) 2016.

  13. The carbon buster's home energy handbook : slowing climate change and saving money

    International Nuclear Information System (INIS)

    Stoyke, G.

    2007-01-01

    This book presented solutions for reducing household energy use and environmental impacts. It is intended for those who are concerned about global warming, rising fuel costs and environmental stewardship. It included practical suggestions and clearly explained measures that can help an individual reduce their greenhouse gas emissions and save money on energy bills. It listed best choices that individuals can make to contribute to a more sustainable world by reducing their carbon footprint. In addition to providing tips for saving energy and money, the book provided tools to weigh various energy efficiency options. It focused on products and technologies that can solve the problem of household contributions to the greenhouse gas problem by making good buying choices. It was shown that the intelligent use of appropriate technology can help avoid environmental problems. A detailed carbon accounting for a typical North American family's carbon emissions was presented along with strategies to reduce emissions by up to 73 per cent. The measures that yield the highest return for the environment and the wallet were evaluated. For example, the effectiveness of solar panels versus buying a hybrid car was measured, along with the cost in buying a $500 fridge that uses 800 kWh of power per year. The Carbon Buster strategies described in this book have an average annual return of 32 per cent. refs., tabs., figs

  14. Do Medicaid home and community based service waivers save money?

    Science.gov (United States)

    Harrington, Charlene; Ng, Terence; Kitchener, Martin

    2011-10-01

    This article estimates the potential savings to the Medicaid program of using 1915c Home and Community Based Services (HCBS) waivers rather than institutional care. For Medicaid HCBS waiver expenditures of $25 billion in 2006, we estimate the national savings to be over $57 billion, or $57,338 per waiver participant in 2006 compared with the cost of Medicaid institutional care (for which all waiver participants are eligible). When taking into account a potential 50% "woodwork effect" (for people who might have refused institutional services), the saving would be $21 billion. This analysis demonstrates that HCBS waiver programs present significant direct financial savings to Medicaid long-term care (LTC) programs.

  15. A properly adjusted forage harvester can save time and money

    Science.gov (United States)

    A properly adjusted forage harvester can save fuel and increase the realizable milk per ton of your silage. This article details the adjustments necessary to minimize energy while maximizing productivity and forage quality....

  16. The M77 Highway: saving lives and money.

    Science.gov (United States)

    Crane, Evan O T; Augustine, Angelica; Tait, Gavin R

    2008-09-01

    Upgrading of a stretch of the A77, a major road in South West Scotland to Highway status has resulted in a significant reduction in the incidence of serious and fatal road traffic accidents on a major international route. Notwithstanding the pain and suffering prevented, the annual economic savings amount to over pound 6.1 Million ($12.14 M/euro 7.96 M) The Highway, with an effective central reservation barrier, will pay for itself in 17 years and will continue to prevent serious injury and save lives.

  17. Save water to save carbon and money: developing abatement costs for expanded greenhouse gas reduction portfolios.

    Science.gov (United States)

    Stokes, Jennifer R; Hendrickson, Thomas P; Horvath, Arpad

    2014-12-02

    The water-energy nexus is of growing interest for researchers and policy makers because the two critical resources are interdependent. Their provision and consumption contribute to climate change through the release of greenhouse gases (GHGs). This research considers the potential for conserving both energy and water resources by measuring the life-cycle economic efficiency of greenhouse gas reductions through the water loss control technologies of pressure management and leak management. These costs are compared to other GHG abatement technologies: lighting, building insulation, electricity generation, and passenger transportation. Each cost is calculated using a bottom-up approach where regional and temporal variations for three different California water utilities are applied to all alternatives. The costs and abatement potential for each technology are displayed on an environmental abatement cost curve. The results reveal that water loss control can reduce GHGs at lower cost than other technologies and well below California's expected carbon trading price floor. One utility with an energy-intensive water supply could abate 135,000 Mg of GHGs between 2014 and 2035 and save--rather than spend--more than $130/Mg using the water loss control strategies evaluated. Water loss control technologies therefore should be considered in GHG abatement portfolios for utilities and policy makers.

  18. Your Savings and Investment Dollar. Money Management. Revised.

    Science.gov (United States)

    Baran, Nancy H., Ed.

    This booklet, written with the beginning investor in mind, will help readers set clear-cut financial goals and develop a savings and investment program for achieving them. It is suitable for personal use by adults or for classroom use in junior high through adult consumer education classes. The booklet provides information on a variety of savings…

  19. Delaware's Wellness Program: Motivating Employees Improves Health and Saves Money.

    Science.gov (United States)

    Davis, Jennifer J J

    2008-09-01

    Every year, employers around the country evaluate their company benefits package in the hopes of finding a solution to the ever-rising cost of health insurance premiums. For many business executives, the only logical choice is to pass along those costs to the employee. As an employer, our goal in Delaware has always been to come up with innovative solutions to drive down the cost of health insurance premiums while encouraging our employees to take responsibility for their own health and wellness by living a healthy and active lifestyle, and provide them with the necessary tools. The DelaWELL program (N = 68,000) was launched in 2007, after being tested in initial (N = 100) and expanded (N = 1500) pilot programs from 2004 to 2006 in which 3 similar groups were compared before and after the pilot. Employee health risk assessment, education, and incentives provided employees the necessary tools we had assumed would help them make healthier lifestyle choices. In the first pilot, fewer emergency department visits and lower blood pressure levels resulted in direct savings of more than $62,000. In the expanded pilot, in all 3 groups blood pressure was significantly reduced (P employees participating in DelaWELL had a combined weight loss of 5162 lb. Decision makers in the State of Delaware have come up with an innovative solution to controlling costs while offering employees an attractive benefits package. The savings from its employee benefit program have allowed the state to pass along the savings to employees by maintaining employee-paid health insurance contributions at the same level for the past 3 years. DelaWELL has already confirmed our motto, "Although it may seem an unusual business investment to pay for healthcare before the need arises, in Delaware we concluded that this makes perfect sense." This promising approach to improving health and reducing healthcare costs could potentially be applied to other employer groups.

  20. Delaware's Wellness Program: Motivating Employees Improves Health and Saves Money

    Science.gov (United States)

    Davis, Jennifer “J. J.”

    2008-01-01

    Background Every year, employers around the country evaluate their company benefits package in the hopes of finding a solution to the ever-rising cost of health insurance premiums. For many business executives, the only logical choice is to pass along those costs to the employee. Objectives As an employer, our goal in Delaware has always been to come up with innovative solutions to drive down the cost of health insurance premiums while encouraging our employees to take responsibility for their own health and wellness by living a healthy and active lifestyle, and provide them with the necessary tools. Methods The DelaWELL program (N = 68,000) was launched in 2007, after being tested in initial (N = 100) and expanded (N = 1500) pilot programs from 2004 to 2006 in which 3 similar groups were compared before and after the pilot. Employee health risk assessment, education, and incentives provided employees the necessary tools we had assumed would help them make healthier lifestyle choices. Results In the first pilot, fewer emergency department visits and lower blood pressure levels resulted in direct savings of more than $62,000. In the expanded pilot, in all 3 groups blood pressure was significantly reduced (P employees participating in DelaWELL had a combined weight loss of 5162 lb. Conclusions Decision makers in the State of Delaware have come up with an innovative solution to controlling costs while offering employees an attractive benefits package. The savings from its employee benefit program have allowed the state to pass along the savings to employees by maintaining employee-paid health insurance contributions at the same level for the past 3 years. DelaWELL has already confirmed our motto, “Although it may seem an unusual business investment to pay for healthcare before the need arises, in Delaware we concluded that this makes perfect sense.” This promising approach to improving health and reducing healthcare costs could potentially be applied to other

  1. Inbound freight: an untapped resource for saving money.

    Science.gov (United States)

    Kuehn, Kurt

    2007-12-01

    With all the responsibilities placed on materials managers, it is not surprising that some processes such as shipping are overlooked when it comes to cutting costs. But by taking a closer look at inbound freight costs, materials managers might discover an untapped resource for saving thousands, and in some cases millions, of dollars. Finding out how costs vary among vendors for shipping the same type of item can eliminate unnecessary freight charges. Initially, the process takes time, but the bottom line will be better for it.

  2. CHP systems to save money and cut carbon.

    Science.gov (United States)

    Hopkins, Ian

    2014-10-01

    According to Ian Hopkins, a director of ENER-G Combined Power--which has delivered more than 50 CHP-led energy services contracts within the healthcare sector, having, for the past 30 years, designed and manufactured CHP systems at its global headquarters and R&D centre in Salford--'the energy cost and carbon-saving benefits of combined heat and power are difficult to match where there is a large heating/cooling demand over extended periods'. In this article, he explains how hospitals and other busy healthcare facilities thus 'make ideal bedfellows' for CHP, and outlines the key criteria and considerations, such as sizing, for healthcare engineers, when looking to specify such a system.

  3. Use of landfill gas will save money and reduce emissions

    International Nuclear Information System (INIS)

    Espinosa, G.G.

    1991-01-01

    The City of Glendale, California has commenced on a project to transport landfill gas (LFG) from the Scholl Canyon Landfill to the Grayson Power Plant. At the plant the LFG will be used to produce electricity in existing steam electric generating units and combustion turbines. The LFG will reduce the natural gas consumed at the plant resulting in a substantial cost savings for the City. This project also offers significant environmental improvements. First, the elimination of flaring at the landfill will reduce emissions. Second, the LFG will reduce NO x emissions from the power plant. This paper will describe the existing collection system at the landfill as well as the design of the compression and piping system to transport the LFG to the power plant. It will also outline the in-plant modifications to the fuel delivery system and examine some of the emission implications of how the fuel is utilized

  4. How School Choice Programs Can Save Money. WebMemo #727

    Science.gov (United States)

    Johnson, Kirk A.

    2005-01-01

    Educational choice can improve educational achievement and states' bottom lines. Not only do choice programs help students from lower-income families attend schools that they otherwise might not be able to attend, but they can also save money in the process. A record number of state legislatures have considered school choice legislation this year,…

  5. Vattenfall want to save money: will run Ringhals 3 and 4 with reduced power

    International Nuclear Information System (INIS)

    Anon.

    1982-01-01

    Ringhals 3 and 4 are nuclear power stations which require re-design before full power can be generated. To save money both stations will be running at reduced power during 1982 to generate power and gain running experience. (J.H.)

  6. Flexible Fringe Benefit Plans Save You Money and Keep Employees Happy.

    Science.gov (United States)

    Johnson, Rob

    1987-01-01

    This fringe benefit plan saves money for both employers and employees, provides a better fit for employees' actual benefit needs, and allows employees to choose options from a menu of benefits. One option is a flexible spending plan. Employees place a portion of their before-tax income into a special account from which allowable expenses are paid…

  7. Moonlight project promotes energy-saving technology

    Science.gov (United States)

    Ishihara, A.

    1986-01-01

    In promoting energy saving, development of energy conservation technologies aimed at raising energy efficiency in the fields of energy conversion, its transportation, its storage, and its consumption is considered, along with enactment of legal actions urging rational use of energies and implementation of an enlightenment campaign for energy conservation to play a crucial role. Under the Moonlight Project, technical development is at present being centered around the following six pillars: (1) large scale energy saving technology; (2) pioneering and fundamental energy saving technology; (3) international cooperative research project; (4) research and survey of energy saving technology; (5) energy saving technology development by private industry; and (6) promotion of energy saving through standardization. Heat pumps, magnetohydrodynamic generators and fuel cells are discussed.

  8. Innovative site characterization demonstration saves time and money

    International Nuclear Information System (INIS)

    Floran, R.J.; Bujewski, G.E.; Johnson, R.L.

    1995-01-01

    A technology demonstration that optimizes sampling strategies and real-time data collection was carried out at the Kirtland Air Force Base RB-11 Radioactive Burial Site, Albuquerque, New Mexico in August 1994. The project, which was funded by the Strategic Environmental Research and Development Program (SERDP), involved the application of a geostatistical-based open-quotes smart samplingclose quotes methodology and software with on-site field screening of soils for radiation, organic compounds and metals. The software, known as Plume trademark, was developed at Argonne National Laboratory as part of the DOE/OTD-funded Mixed Waste Landfill Integrated Demonstration (MWLID). The objective of the investigation was to compare an innovative Adaptive Sampling approach that stressed real-time decision-making with a conventional RCRA-driven site characterization carried out by the Air Force. The latter investigation used a standard drilling and sampling plan as mandated by the EPA. To make the comparison realistic, the same contractors and sampling equipment (Geoprobe reg-sign soil samplers) were used. In both investigations, soil samples were collected at several depths at numerous locations adjacent to burial trenches that contain low-level radioactive waste and animal carcasses. Neither study revealed the presence of contaminants appreciably above risk based action levels, indicating that minimal to no migration has occurred away from the trenches. The combination of Adaptive Sampling with field screening achieved a similar level of confidence compared to the RCRA investigation regarding the potential migration of contaminants at the site. By comparison, the Adaptive Sampling program drilled 28 locations (vs. 36 for the conventional investigation), collected 81 samples (vs. 163), and sent 15 samples (vs. 163) off-site for laboratory analysis. In addition, the field work took 3 1/2 days compared to 13 days for the RCRA investigation

  9. Values and Technologies in Energy Savings

    DEFF Research Database (Denmark)

    Nørgård, Jørgen Stig

    2000-01-01

    of this saving can cause what is called the rebound effect, which reduces the savings obtained from the technology. Ways to avoid this effect are suggested, and they require value changes, primarly around frugality, consumption, and hard-working. There are indications that some of the necessary changes are well......The chapter is based on the assumption, that technology improvement is not sufficient to achieve a sustainable world community. Changes in people´s values are necessary. A simple model suggest how values, together with basic needs and with the environmental and societal frames, determine people......´s behavioural pattern and lifestyles. Deliberate changes in social values are illustrated by a historical example. From the side of technology the basic principles in the economy of energy savings are briefly described. The marginally profitable energy savings provides an economic saving. The application...

  10. Saving lives and saving money: hospital-based violence intervention is cost-effective.

    Science.gov (United States)

    Juillard, Catherine; Smith, Randi; Anaya, Nancy; Garcia, Arturo; Kahn, James G; Dicker, Rochelle A

    2015-02-01

    Victims of violence are at significant risk for injury recidivism, including fatality. We previously demonstrated that our hospital-based violence intervention program (VIP) resulted in a fourfold reduction in injury recidivism, avoiding trauma care costs of $41,000 per injury. Given limited trauma center resources, assessing cost-effectiveness of interventions is fundamental to inform use of these programs in other institutions. This study examines the cost-effectiveness of hospital-based VIP. We used a decision tree and Markov disease state modeling to analyze cost utility for a hypothetical cohort of violently injured subjects, comparing VIP versus no VIP at a trauma center. Quality-adjusted life-years (QALYs) were calculated using differences in mortality and published health state utilities. Costs of trauma care and VIP were obtained from institutional data, and risk of recidivism with and without VIP were obtained from our trial. Outcomes were QALYs gained and net costs over a 5-year horizon. Sensitivity analyses examined the impact of uncertainty in input values on results. VIP results in an estimated 25.58 QALYs and net costs (program plus trauma care) of $5,892 per patient. Without VIP, these values are 25.34 and $5,923, respectively, suggesting that VIP yields substantial health benefits (24 QALYs) and savings ($4,100) if implemented for 100 individuals. In the sensitivity analysis, net QALYs gained with VIP nearly triple when the injury recidivism rate without VIP is highest. Cost-effectiveness remained robust over a range of values; $6,000 net cost savings occur when 5-year recidivism rate without VIP is at 7%. VIP costs less than having no VIP with significant gains in QALYs especially at anticipated program scale. Across a range of plausible values at which VIP would be less cost-effective (lower injury recidivism, cost of injury, and program effectiveness), VIP still results in acceptable cost per health outcome gained. VIP is effective and cost

  11. Electric energy savings from new technologies

    Energy Technology Data Exchange (ETDEWEB)

    Moe, R.J.; Harrer, B.J.; Kellogg, M.A.; Lyke, A.J.; Imhoff, K.L.; Fisher, Z.J.

    1986-01-01

    Purpose of the report is to provide information about the electricity-saving potential of new technologies to OCEP that it can use in developing alternative long-term projections of US electricity consumption. Low-, base-, and high-case scenarios of the electricity savings for ten technologies were prepared. The total projected annual savings for the year 2000 for all ten technologies were 137 billion kilowatt hours (BkWh), 279 BkWh, and 470 BkWh, respectively, for the three cases. The magnitude of these savings projections can be gauged by comparing them to the Department's reference case projection for the 1985 National Energy Policy Plan. In the Department's reference case, total consumption in 2000 is projected to be 3319 BkWh. Thus, the savings projected here represent between 4% and 14% of total consumption projected for 2000. Because approximately 75% of the base-case estimate of savings are already incorporated into the reference forecast, reducing projected electricity consumption from what it otherwise would have been, the savings estimated here should not be directly subtracted from the reference forecast.

  12. When Reducing Low-Value Care in Hospital Medicine Saves Money, Who Benefits ?

    Science.gov (United States)

    Liao, Joshua M; Navathe, Amol S; Schapira, Marilyn M; Weissman, Arlene; Mitra, Nandita; Asch, David A

    2018-01-01

    One emerging policy solution for deterring low-value care is to financially penalize physicians who prescribe it. However, physicians' willingness to support such policies may depend on whether they perceive that benefits accrue to patients or to insurers and hospitals. We surveyed physicians practicing hospital medicine to evaluate the association between policy support and physician beliefs about who benefits from the money saved through reducing low-value services in hospital medicine. Overall, physicians believed that more of any money saved would go to profits and leadership salaries for insurance companies and hospitals and/or health systems rather than to patients. These beliefs were associated with policy support: 66% of those supporting physician penalties were more likely to believe that benefits accrue to patients or physicians, compared to 39% of those not supporting policies (P benefits accrue to corporate or organizational interests. Effective physician penalties will likely need to address the belief that insurers and provider organizations stand to gain more than patients when low-value care services are reduced. © 2017 Society of Hospital Medicine.

  13. Save water, save money

    Science.gov (United States)

    ,; Fairfax County, VA

    1977-01-01

    The United States uses huge quantities of water. In 1976, for example, it was estimated that for each person in the U.S., about 2,000 gallons of water were used daily in homes, offices, farms, and factories. This means that roughly 420 billion gallons of water were pumped, piped, or diverted each day—about 15 percent more than in 1970. By the year 2000, our daily water needs will probably exceed 800 billion gallons.

  14. NCBI-compliant genome submissions: tips and tricks to save time and money.

    Science.gov (United States)

    Pirovano, Walter; Boetzer, Marten; Derks, Martijn F L; Smit, Sandra

    2017-03-01

    Genome sequences nowadays play a central role in molecular biology and bioinformatics. These sequences are shared with the scientific community through sequence databases. The sequence repositories of the International Nucleotide Sequence Database Collaboration (INSDC, comprising GenBank, ENA and DDBJ) are the largest in the world. Preparing an annotated sequence in such a way that it will be accepted by the database is challenging because many validation criteria apply. In our opinion, it is an undesirable situation that researchers who want to submit their sequence need either a lot of experience or help from partners to get the job done. To save valuable time and money, we list a number of recommendations for people who want to submit an annotated genome to a sequence database, as well as for tool developers, who could help to ease the process. © The Author 2015. Published by Oxford University Press. For Permissions, please email: journals.permissions@oup.com.

  15. Multiple drug cost containment policies in Michigan's Medicaid program saved money overall, although some increased costs.

    Science.gov (United States)

    Kibicho, Jennifer; Pinkerton, Steven D

    2012-04-01

    Michigan's Medicaid program implemented four cost containment policies--preferred drug lists, joint and multistate purchasing arrangements, and maximum allowable cost--during 2002-04. The goal was to control growth of drug spending for beneficiaries who were enrolled in both Medicaid and Medicare and taking antihypertensive or antihyperlipidemic prescription drugs. We analyzed the impact of each policy while holding the effect of all other policies constant. Preferred drug lists increased both preferred and generic drugs' market share and reduced daily cost--the cost per day for each prescription provided to a beneficiary. In contrast, the maximum allowable cost policy increased daily cost and was the only policy that did not generate cost savings. The joint and multistate arrangements did not affect daily cost. Despite these policy trade-offs, the cumulative effect was a 10 percent decrease in daily cost and a total cost savings of $46,195 per year. Our findings suggest that policy makers need to evaluate the impact of multiple policies aimed at restraining drug spending, and further evaluate the policy trade-offs, to ensure that scarce public dollars achieve the greatest return for money spent.

  16. Energy Savings Potential of Radiative Cooling Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Fernandez, Nicholas [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Wang, Weimin [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Alvine, Kyle J. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Katipamula, Srinivas [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2015-11-30

    Pacific Northwest National Laboratory (PNNL), with funding from the U.S. Department of Energy’s (DOE’s) Building Technologies Program (BTP), conducted a study to estimate, through simulation, the potential cooling energy savings that could be achieved through novel approaches to capturing free radiative cooling in buildings, particularly photonic ‘selective emittance’ materials. This report documents the results of that study.

  17. How School Facilities Managers and Business Officials Are Reducing Operating Costs and Saving Money. Energy-Smart Building Choices.

    Science.gov (United States)

    Department of Energy, Washington, DC.

    This guide addresses contributions that school facility administrators and business officials can make in an effort to reduce operating costs and free up money for capital improvements. The guide explores opportunities available to utilize energy-saving strategies at any stage in a building's life, from its initial design phase through renovation.…

  18. Adopting a surgical safety checklist could save money and improve the quality of care in U.S. hospitals.

    Science.gov (United States)

    Semel, Marcus E; Resch, Stephen; Haynes, Alex B; Funk, Luke M; Bader, Angela; Berry, William R; Weiser, Thomas G; Gawande, Atul A

    2010-09-01

    Use of the World Health Organization's Surgical Safety Checklist has been associated with a significant reduction in major postoperative complications after inpatient surgery. We hypothesized that implementing the checklist in the United States would generate cost savings for hospitals. We performed a decision analysis comparing implementation of the checklist to existing practice in U.S. hospitals. In a hospital with a baseline major complication rate after surgery of at least 3 percent, the checklist generates cost savings once it prevents at least five major complications. Using the checklist would both save money and improve the quality of care in hospitals throughout the United States.

  19. The modern water-saving agricultural technology: Progress and focus

    African Journals Online (AJOL)

    GREGORY

    2010-09-13

    Sep 13, 2010 ... saving agricultural technology, which include modern biological water-saving technology, unconventional ... and innovation, water, nutrient migration theory, regula- .... urban sewage of more than 50%; Mexico City, 90% of.

  20. Cost-saving production technologies and partial ownership

    OpenAIRE

    Juan Carlos Barcena-Ruiz; Norma Olaizola

    2007-01-01

    This work analyzes the incentives to acquire cost-saving production technologies when cross-participation exists at ownership level. We show that cross-participation reduces the incentives to adopt the cost-saving production technology.

  1. Energy saving screw compressor technology; Energiebesparende schroefcompressortechnologie

    Energy Technology Data Exchange (ETDEWEB)

    Moeller, A. [RefComp, Lonigo (Italy); Neus, M. [Delta Technics Engineering, Breda (Netherlands)

    2011-03-15

    Smart solutions to reduce the energy consumption are continuously part of investigation in the refrigeration technology. This article subscribed the technology on which way energy can be saved at the operation of screw compressors which are used in air conditioners and refrigerating machinery. The combination of frequency control and Vi-control (intrinsic volumetric ratio) such as researched in the laboratory of RefComp is for the user attractive because the energy efficiency during part load operation is much better. Smart uses of thermodynamics, electric technology and electronic control are the basics of these applications. According to the manufacturer's information it is possible with these new generation screw compressors to save approx. 26% energy in comparison with the standard screw compressor. [Dutch] In dit artikel wordt de technologie omschreven waarmee veel energie bespaard kan worden bij schroefcompressoren die worden gebruikt in airconditioningsystemen en koel- en vriesinstallaties. De combinatie van frequentieregeling en Vi- regeling (Vi is de intrinsieke volumetrische verhouding) zoals onderzocht in het laboratorium van RefComp biedt de gebruiker veel voordelen doordat de energie-efficintie van de compressor tijdens deellast enorm wordt verbeterd. Slim gebruik van thermodynamika, elektrotechniek en elektronica vormen de basis van deze toepassing. Volgens de fabrikant kan met deze nieuwe generatie schroefcompressoren circa 26 procent op het energiegebruik tijdens deellast worden bespaard in vergelijking met de standaard serie schroefcompressoren.

  2. The modern water-saving agricultural technology: Progress and focus

    African Journals Online (AJOL)

    GREGORY

    2010-09-13

    Sep 13, 2010 ... DEVELOPING TENDENCY OF MODERN WATER-. SAVING AGRICULTURAL TECHNOLOGY. Excavation of the own water-saving potential using biotechnology. The biological water-saving technology that uses crop physiology control and modern breeding techniques to increase production and water ...

  3. Has Outsourcing/Contracting Out Saved Money and/or Improved Service Quality? A Vote-Counting Analysis

    OpenAIRE

    Bourbeau, John Allen

    2004-01-01

    Most privatization literature, of which outsourcing/contracting out is a sub-set, discusses: 1) localized anecdotes of how organizations privatized; 2) privatization's history; 3) its types; and/or 4) its pros and cons. What is missing is a methodologically defensible, comprehensive, macro-view of whether or not outsourcing has saved money and/or improved service quality. Using the vote-counting analytical procedure, this dissertation provides one comprehensive view by analyzing and combin...

  4. INFORMATION TECHNOLOGIES IN MANAGEMENT OF ENERGY SAVING PROJECTS

    Directory of Open Access Journals (Sweden)

    Дмитро Валерійович МАРГАСОВ

    2015-06-01

    Full Text Available The information technology structure is considered of energy saving projects. The project management diagram of energy saving projects is developed, using GIS, ICS, BIM and other control and visual systems.

  5. Net-Zero Building Technologies Create Substantial Energy Savings -

    Science.gov (United States)

    only an estimated 1% of commercial buildings are built to net-zero energy criteria. One reason for this Continuum Magazine | NREL Net-Zero Building Technologies Create Substantial Energy Savings Net -Zero Building Technologies Create Substantial Energy Savings Researchers work to package and share step

  6. The modern water-saving agricultural technology: Progress and focus

    African Journals Online (AJOL)

    Based on the analysis of water-saving agricultural technology development status and trends in China, and in combination with the development and the needs of modern water-saving agricultural technology, we have put forward a future research emphasis and developing direction of modern watersaving agricultural ...

  7. Should the Department of Defense Hedge Oil Prices in Order to Save Money

    National Research Council Canada - National Science Library

    Knapp, James W

    2008-01-01

    .... The goal of this paper is to explore the feasibility of the government entering the futures market in order to reduce the current DoD jet fuel cost and whether the potential savings would outweigh...

  8. Telephone-based disease management: why it does not save money.

    Science.gov (United States)

    Motheral, Brenda R

    2011-01-01

    To understand why the current telephone-based model of disease management (DM) does not provide cost savings and how DM can be retooled based on the best available evidence to deliver better value. Literature review. The published peer-reviewed evaluations of DM and transitional care models from 1990 to 2010 were reviewed. Also examined was the cost-effectiveness literature on the treatment of chronic conditions that are commonly included in DM programs, including heart failure, diabetes mellitus, coronary artery disease, and asthma. First, transitional care models, which have historically been confused with commercial DM programs, can provide credible savings over a short period, rendering them low-hanging fruit for plan sponsors who desire real savings. Second, cost-effectiveness research has shown that the individual activities that constitute contemporary DM programs are not cost saving except for heart failure. Targeting of specific patients and activity combinations based on risk, actionability, treatment and program effectiveness, and costs will be necessary to deliver a cost-saving DM program, combined with an outreach model that brings vendors closer to the patient and physician. Barriers to this evidence-driven approach include resources required, marketability, and business model disruption. After a decade of market experimentation with limited success, new thinking is called for in the design of DM programs. A program design that is based on a cost-effectiveness approach, combined with greater program efficacy, will allow for the development of DM programs that are cost saving.

  9. Breakthrough Energy Savings with Waterjet Technology

    Energy Technology Data Exchange (ETDEWEB)

    Lee W. Saperstein; R. Larry Grayson; David A. Summers; Jorge Garcia-Joo; Greg Sutton; Mike Woodward; T.P. McNulty

    2007-05-15

    Experiments performed at the University of Missouri-Rolla's Waterjet Laboratory have demonstrated clearly the ability of waterjets to disaggregate, in a single step, four different mineral ores, including ores containing iron, lead and copper products. The study focused mainly on galena-bearing dolomite, a lead ore, and compared the new technology with that of traditional mining and milling to liberate the valuable constituent for the more voluminous host rock. The technical term for the disintegration of the ore to achieve this liberation is comminution. The potential for energy savings if this process can be improved, is immense. Further, if this separation can be made at the mining face, then the potential energy savings include avoidance of transportation (haulage and hoisting) costs to move, process and store this waste at the surface. The waste can, instead, be disposed into the available cavities within the mine. The savings also include the elimination of the comminution, crushing and grinding, stages in the processing plant. Future prototype developments are intended to determine if high-pressure waterjet mining and processing can be optimized to become cheaper than traditional fragmentation by drilling and blasting and to optimize the separation process. The basic new mining process was illustrated in tests on two local rock types, a low-strength sandstone with hematite inclusions, and a medium to high-strength dolomite commonly used for construction materials. Illustrative testing of liberation of minerals, utilized a lead-bearing dolomite, and included a parametric study of the optimal conditions needed to create a size distribution considered best for separation. The target goal was to have 50 percent of the mined material finer than 100 mesh (149 microns). Of the 21 tests that were run, five clearly achieved the target. The samples were obtained as run-of-mine lumps of ore, which exhibited a great deal of heterogeneity within the samples. This

  10. Barriers to investments in energy saving technologies. Case study for the industry

    NARCIS (Netherlands)

    Masselink, Dirk Jan

    2007-01-01

    To realise future energy saving targets, the government needs to increase energy reduction rates. One option to increase energy savings is found in removing barriers to investments in cost-effective energy saving technologies. Many technologies save energ

  11. The modern water-saving agricultural technology: Progress and focus

    African Journals Online (AJOL)

    GREGORY

    2010-09-13

    Sep 13, 2010 ... fastest 100-year in human history, in which the world population has .... achieving modern water-saving high-yield and quality type from .... Information technology, intelligent technology and 3S technology ... perfor-mance and longer service life. .... using artificial neural network technology and data commu-.

  12. Practical and money-saving use of the sawdust stove in Ghana ...

    African Journals Online (AJOL)

    If you would like more information about how to print, save, and work with PDFs, Highwire Press provides a helpful Frequently Asked Questions about PDFs. Alternatively, you can download the PDF file directly to your computer, from where it can be opened using a PDF reader. To download the PDF, click the Download link ...

  13. Extended operating times are more efficient, save money and maintain a high staff and patient satisfaction.

    Science.gov (United States)

    Herron, Jonathan Blair Thomas; French, Rachel; Gilliam, Andrew Douglas

    2018-01-01

    Current public sector austerity measures necessitate efficiency savings throughout the NHS. Performance targets have resulted in activity being performed in the private sector, waiting list initiative lists and requests for staff to work overtime. This has resulted in staff fatigue and additional agency costs. Adoption of extended operating theatre times (0800-1800 hours) may improve productivity and efficiency, with potentially significant financial savings; however, implementation may adversely affect staff morale and patient compliance. A pilot period of four months of extended operating times (4.5 hour sessions) was completed and included all theatre surgical specialties. Outcome measures included: the number of cases completed, late starts, early finishes, cancelled operations, theatre overruns, preoperative assessment and 18-week targets. The outcomes were then compared to pre-existing normal working day operating lists (0900-1700). Theatre staff, patient and surgical trainee satisfaction with the system were also considered by use of an anonymous questionnaire. The study showed that in-session utilisation time was unchanged by extended operating hours 88.7% (vs 89.2%). The service was rated as 'good' or 'excellent' by 87.5% of patients. Over £345,000 was saved by reducing premium payments. Savings of £225,000 were made by reducing privately outsourced operation and a further £63,000 by reviewing staff hours. Day case procedures increased from 2.8 to 3.2 cases/day with extended operating. There was no significant increase in late starts (5.1% vs 6.8%) or cancellation rates (0.75% vs 1.02%). Theatre over-runs reduced from 5% to 3.4%. The 18 weeks target for surgery was achieved in 93.7% of cases (vs 88.3%). The number of elective procedures increased from 4.1 to 4.89 cases/day. Only 13.33% of trainees (n = 33) surveyed felt that extended operating had a negative impact on training. The study concludes that extended operating increased productivity from

  14. How changes to the Medicare Benefits Schedule could improve the practice of cardiology and save taxpayer money.

    Science.gov (United States)

    Harper, Richard W; Nasis, Arthur; Sundararajan, Vijaya

    2015-09-21

    Rising health care costs above inflation are placing serious strains on the sustainability of the Australian Medicare system in its current structure. The Medicare Benefits Schedule (MBS), which lists rebates payable to patients for private medical services provided on a fee-for-service basis, is the cornerstone of the Australian health care system. Introduced in the 1980s, the MBS has changed little despite major advances in the evidence base for the practice of cardiology. We outline how we believe sensible changes to the MBS listings for four cardiac services--invasive coronary angiography, computed tomography coronary angiography, stress testing and percutaneous coronary intervention--would improve the clinical practice of cardiology and save substantial amounts of taxpayer money.

  15. Vaginal microbicides save money: a model of cost-effectiveness in South Africa and the USA.

    Science.gov (United States)

    Verguet, S; Walsh, J A

    2010-06-01

    To determine the hypothetical cost-effectiveness of vaginal microbicides preventing male to female HIV transmission. A mathematical epidemiological and cost-effectiveness model using data from South Africa and the USA was used. The prospective 1-year-long intervention targeted a general population of women in a city of 1,000,000 inhabitants in two very different epidemiological settings, South Africa with a male HIV prevalence of 18.80% and the USA with a male HIV prevalence of 0.72%. The base case scenario assumes a microbicide effective at 55%, used in 30% of sexual episodes at a retail price for the public sector in South Africa of US$0.51 per use and in the USA of US$2.23 per use. In South Africa, over 1 year, the intervention would prevent 1908 infections, save US$6712 per infection averted as compared with antiretroviral treatment. In the USA, it would be more costly: over 1 year, the intervention would prevent 21 infections, amounting to a net cost per infection averted of US$405,077. However, in the setting of Washington DC, with a higher HIV prevalence, the same intervention would prevent 93 infections and save US$91,176 per infection averted. Sensitivity analyses were conducted and even a microbicide with a low effectiveness of 30% would still save healthcare costs in South Africa. A microbicide intervention is likely to be very cost-effective in a country undergoing a high-level generalised epidemic such as South Africa, but is unlikely to be cost-effective in a developed country presenting epidemiological features similar to the USA unless the male HIV prevalence exceeds 2.4%.

  16. Restricting patients' medication supply to one month: saving or wasting money?

    Science.gov (United States)

    Domino, Marisa Elena; Olinick, Joshua; Sleath, Betsy; Leinwand, Sharman; Byrns, Patricia J; Carey, Tim

    2004-07-01

    A state Medicaid program's pharmacy expenditures associated with dispensing one- and three-month supplies of drugs were examined. We simulated the effect of a policy change from a maximum of a 100-day supply of prescription medication to one where only a 34-day supply was allowed. All North Carolina prescription claims from Medicaid enrollees who filled a prescription for at least one of six medication categories during fiscal years 1999 and 2000 were included. The six categories were angiotensin-converting-enzyme inhibitors, antiulcers, antipsychotics, nonsteroidal antiinflammatory drugs, selective serotonin-reuptake inhibitors, and sulfonylureas. The dollar value of the medication wasted, the amount of medication wastage diverted after a change to a shorter prescription length, and the total costs incurred by the increases in prescription refills were calculated. For each therapeutic category, 255,000-783,000 prescription drug claims were analyzed. No valid drug claims were excluded for any reason. Although 5-14% of total drug wastage, attributed to switches of drug therapy, could be saved by dispensing a 34-day supply, this saving could not make up for a larger increase in dispensing costs, as consumers would fill prescriptions more often. In addition, reducing the amount of drug dispensed each time may be costly to consumers through increased transportation and other expenses. Simulated calculation showed that the cost of drug therapy to North Carolina's Medicaid program would probably increase if 34-day rather than 100-day supplies of medications are dispensed to patients.

  17. Determining if disease management saves money: an introduction to meta-analysis.

    Science.gov (United States)

    Linden, Ariel; Adams, John L

    2007-06-01

    Disease management (DM) programmes have long been promoted as a major medical cost-saving mechanism, even though the scant research that exists on the topic has provided conflicting results. In a 2004 literature review, the Congressional Budget Office stated that 'there is insufficient evidence to conclude that disease management programs can generally reduce the overall cost of health care services'. To address this question more accurately, a meta-analysis was warranted. Meta-analysis is the quantitative technique used to pool the results of many studies on the same topic and summarize them statistically. This method is also quite suitable for individual DM firms to assess whether their programmes are effective at the aggregate level. This paper describes the elements of a rigorous meta-analytic process and discusses potential biases. A hypothetical DM organization is then evaluated with a specific emphasis on medical cost-savings, simulating a case in which different populations are served, evaluation methodologies are employed, and diseases are managed.

  18. The magic of money and the illusion of biofuels: toward an interdisciplinary understanding of technology

    Science.gov (United States)

    Hornborg, Alf

    2017-02-01

    For several centuries, the dominant worldview in industrial societies has held that various problems -such as those recently identified as relating to sustainability- can be solved through technological progress. Technological progress has been conceived as the fruits of engineering science, new knowledge, and innovation. While knowledge of the principles of physics is certainly a necessary condition for technological development, it is not a sufficient condition. Technology is not only a product of engineering, but, ultimately, also of asymmetric transfers of biophysical resources. In other words, the feasibility of technological progress is contingent on world market prices. The history of technology has been written from the perspective of advancing ingenuity, rather than that of unequal global exchange. The implicit world view underlying dominant historiography and economic science ignores the deepening global inequalities which are prerequisite to what some sectors of world society can celebrate as technological progress, including visions of replacing fossil fuels with biofuels and other renewable energy sources. This observation should prompt us to conceptualize technological progress as an inherently unequal capacity to locally save time and space at the expense of human time and natural space lost elsewhere. It implies that the physical agency of technology ultimately rests on prices, i.e. subjective human conceptions about the value of market commodities, and thus finally on the magical artifact we know as money. The purpose of this article is to show how current deliberations on biofuels illustrate the insufficiencies of mainstream understandings of the phenomenon of technology, and to indicate why an adequate understanding of technology must be interdisciplinary, combining insights on both Nature and Society.

  19. Major savings promised by new dipper technology

    Energy Technology Data Exchange (ETDEWEB)

    Ednie, H.

    2005-10-01

    A Canadian rope shovel dipper prototype was tested at the Suncor oil sands operations in May 2005. The 3 cubic yard JPi 2005 series dipper was designed by JPi, a geo-industry engineering consultant firm. The new design minimizes shovel dipper wear and resistance while digging at a rock face. This simple concept could offer major savings for mine operators. The main feature of the shovel dipper is its shape. Rather than having a straight-lined profile, the lip to latch keeper is curved to match the range of motions of the machine itself. This provides optimum penetration angles with minimum resistance when digging, thereby increasing productivity while eliminating heel wear. The dipper was originally designed to dig softer materials, but can actually be used to dig or scoop any material from blasted hard rock to the softest oil sand. The dipper is also more open at the door than at the lip allowing the oil sand to naturally flow out of the dipper upon release. The prototype was demonstrated to an industry-wide audience in May 2005 on a recently rebuilt 1949 Dominion 500 shovel. Preliminary results indicate that the design is meeting the expectations of the designer. However, more tests are scheduled and JPi will continue to seek collaborations and partnerships with mining operations to produce and test a 75 cubic yard version of the dipper for use with modern shovels. 2 figs.

  20. The NHS: assessing new technologies, NICE and value for money.

    Science.gov (United States)

    Stevens, A; Chalkidou, K; Littlejohns, P

    2011-06-01

    The healthcare system in the UK, essentially the NHS, is an open economic system subject to the same pressures as any other economic system. The pressures concern limited resources coupled with powerful drivers for increasing spending: invention, demography and inflation. There have only ever been three types of economic system: steady state (everything, as in a feudal system, stays as it was the year before), market capitalism (supply and demand are allowed to find their own equilibrium) and some version of central planning. In healthcare, most advanced countries favour the last of the three. This is for three reasons: distribution (not only are the poor less able to pay for sickness, but sickness exacerbates poverty), information (markets operate poorly when providers can easily outsmart customers) and externalities (it is in the interest of everyone that infectious diseases and the other knock-on consequences of ill health are ameliorated). So in the UK, the state, with a good deal of cross-party consensus, directs most of health service supply. This system has become more complex over the decades since the formation of the NHS in 1948. A notable element of the complexity is the regulation of the introduction of new technologies. A key element of the regulatory system has been the National Institute for Health and Clinical Excellence (NICE), and a key aspect of NICE's decisions has been not just value, but also value for money. This has not been without controversy.

  1. Electric energy savings from new technologies. Revision 1

    Energy Technology Data Exchange (ETDEWEB)

    Harrer, B.J.; Kellogg, M.A.; Lyke, A.J.; Imhoff, K.L.; Fisher, Z.J.

    1986-09-01

    Purpose of the report is to provide information about the electricity-saving potential of new technologies to OCEP that it can use in developing alternative long-term projections of US electricity consumption. Low-, base-, and high-case scenarios of the electricity savings for 10 technologies were prepared. The total projected annual savings for the year 2000 for all 10 technologies were 137 billion kilowatt hours (BkWh), 279 BkWh, and 470 BkWh, respectively, for the three cases. The magnitude of these savings projections can be gauged by comparing them to the Department's reference case projection for the 1985 National Energy Policy Plan. In the Department's reference case, total consumption in 2000 is projected to be 3319 BkWh. Because approximately 75% of the base-case estimate of savings are already incorporated into the reference projection, only 25% of the savings estimated here should be subtracted from the reference projection for analysis purposes.

  2. Improving efficiency and saving money in an otolaryngology urgent referral clinic.

    Science.gov (United States)

    Ibrahim, Nader; Virk, Jagdeep; George, Jason; Elmiyeh, Behrad; Singh, Arvind

    2015-06-16

    A closed loop audit of the ear nose and throat (ENT) urgent referral clinic at a London hospital was conducted assessing the number of patients reviewed, referral source, appropriateness of referral, presenting complaint and assigned follow-up appointments. Data was sourced from clinic letters and the patient appointment system over a 3-mo period. The initial cycle analysed 490 patients and the subsequent cycle 396. The initial audit yielded clinically relevant and cost effective recommendations which were implemented, and the audit cycle was subsequently repeated. The re-audit demonstrated decreased clinic numbers from an average 9.8 to 7.2 patients per clinic, in keeping with ENT United Kingdom guidelines. A 21% decrease in patient follow-up and 13% decrease in inappropriate referrals was achieved. Direct bookings into outpatient clinics decreased by 8%, due to correct referral pathway utilisation. Comparisons of all data sets were found to show statistical significance P saving of £32490 in a period of 3 mo (£590 per clinic). We demonstrated that simple guidelines, supervision and consultant-led education which are non-labour intensive can have a significant impact on service provision and cost.

  3. Information Technologies for the Control of Money Laundering

    National Research Council Canada - National Science Library

    1995-01-01

    .... It is estimated that $300 billion of dirty money may be laundered each year, its origin and ownership obscured as it passes through financial institutions and across national boundaries in an effort to hide and protect...

  4. Technology evolves to save lives: emergency lighting

    Energy Technology Data Exchange (ETDEWEB)

    Gregory, D.

    2001-02-01

    With an increase in deadly fires in industrial facilities, there has been a revival of national fire safety and prevention awareness. This article discusses emergency lighting technology as one specific area of significant advancements in fire safety, with a focus on the use of emergency lighting using light emitting diodes (LEDs), which is far and away a more economical and energy efficient light source than the incandescent and fluorescent lamps used previously. Besides being economical and energy-efficient, LEDs are compact in size, are characterized as having low wattage, low heat, long life, uniform brightness and compatibility with integrated circuits. Red has always been the traditional wavelength because it scatters light much less than blue, but green exit lights appear to have been favored recently because the sensitivity of the human eye increases with shorter wavelengths. Selection criteria for LEDs are provided. The use of laser light technology, in conjunction with exist signs, is also discussed. This technology uses a Class 3 laser option which activates a red light beam when in the emergency mode, pointing down the path of egress, providing directional light up to 40 feet, depending on the intensity of the smoke. Some newer emergency lighting products also have strobe features to assist the hearing impaired since they are not able to hear fire alarms.

  5. [THE FAILURE MODES AND EFFECTS ANALYSIS FACILITATES A SAFE, TIME AND MONEY SAVING OPEN ACCESS COLONOSCOPY SERVICE].

    Science.gov (United States)

    Gingold-Belfer, Rachel; Niv, Yaron; Horev, Nehama; Gross, Shuli; Sahar, Nadav; Dickman, Ram

    2017-04-01

    Failure modes and effects analysis (FMEA) is used for the identification of potential risks in health care processes. We used a specific FMEA - based form for direct referral for colonoscopy and assessed it for procedurerelated perforations. Ten experts in endoscopy evaluated and computed the entire referral process, modes of preparation for the endoscopic procedure, the endoscopic procedure itself and the discharge process. We used FMEA assessing for likelihood of occurrence, detection and severity and calculated the risk profile number (RPN) for each of the above points. According to the highest RPN results we designed a specific open access referral form and then compared the occurrence of colonic perforations (between 2010 and 2013) in patients who were referred through the open access arm (Group 1) to those who had a prior clinical consultation (non-open access, Group 2). Our experts in endoscopy (5 physicians and 5 nurses) identified 3 categories of failure modes that, on average, reached the highest RPNs. We identified 9,558 colonoscopies in group 1, and 12,567 in group 2. Perforations were identified in three patients from the open access group (1:3186, 0.03%) and in 10 from group 2 (1:1256, 0.07%) (p = 0.024). Direct referral for colonoscopy saved 9,558 pre-procedure consultations and the sum of $850,000. The FMEA tool-based specific referral form facilitates a safe, time and money saving open access colonoscopy service. Our form may be adopted by other gastroenterological clinics in Israel.

  6. Debate: Money, Money, Money

    Directory of Open Access Journals (Sweden)

    Nina Ilona Ellinger

    2014-09-01

    Full Text Available The question: ‘What would be the best way to use ten million dollars?’ leads to many other questions when related to anti-trafficking work. What should the money be spent on? Who should be appointed to spend the money? And, perhaps most importantly, who should be the beneficiaries? In other words, are the ten million dollars to prevent trafficking of people meant for activities to stop smuggling of people, to stop unwanted migrants, or to protect and uphold people’s rights when they move across borders and need to be protected from trafficking? Would the money be best spent on anti-trafficking work, or would it be better spent on strengthening the rights of all migrants to minimise the risk of trafficking?

  7. Learning to trust your data : how data quality profiling saves money

    Energy Technology Data Exchange (ETDEWEB)

    Gregory, P.; King, I. [Intervera Data Solutions, Calgary, AB (Canada)

    2006-07-01

    Exploration and production companies (EPs) require new solutions on using and manipulating data from a range of sources due to data variability and newer technologies. Data capture methods and data accuracy levels collected over the operating history of a well's life cycle also pose challenges in terms of data integrity. Data quality is the basis and prerequisite for standardization and integration of varying data repositories into value added knowledge management systems. A roadmap for improving business performance was presented by providing examples of EP companies who have encountered data quality issues and successfully measured the business impact associated with poor data quality, and developed solutions that delivered benefits throughout their organizations. The paper discussed how to overcome the data quality challenge and provided reasons to enhance data quality. Several case studies were profiled that examined operational risk mitigation, regulatory compliance risk, contractual and liability risk, and corporate and financial risk. Second generation data profiling, cleansing and migration tools are introduced with an emphasis on how these automated tools helped EPs define, and deliver business benefits with data quality. 1 fig.

  8. Transportable Vitrification System RCRA Closure Practical Waste Disposition Saves Time And Money

    International Nuclear Information System (INIS)

    Brill, Angie; Boles, Roger; Byars, Woody

    2003-01-01

    The Transportable Vitrification System (TVS) was a large-scale vitrification system for the treatment of mixed wastes. The wastes contained both hazardous and radioactive materials in the form of sludge, soil, and ash. The TVS was developed to be moved to various United States Department of Energy (DOE) facilities to vitrify mixed waste as needed. The TVS consists of four primary modules: (1) Waste and Additive Materials Processing Module; (2) Melter Module; (3) Emissions Control Module; and (4) Control and Services Module. The TVS was demonstrated at the East Tennessee Technology Park (ETTP) during September and October of 1997. During this period, approximately 16,000 pounds of actual mixed waste was processed, producing over 17,000 pounds of glass. After the demonstration was complete it was determined that it was more expensive to use the TVS unit to treat and dispose of mixed waste than to direct bury this waste in Utah permitted facility. Thus, DOE had to perform a Resource Conservation and Recovery Act (RCRA) closure of the facility and find a reuse for as much of the equipment as possible. This paper will focus on the following items associated with this successful RCRA closure project: TVS site closure design and implementation; characterization activities focused on waste disposition; pollution prevention through reuse; waste minimization efforts to reduce mixed waste to be disposed; and lessons learned that would be integrated in future projects of this magnitude

  9. Energy-saving technology choices by Dutch glasshouse firms

    NARCIS (Netherlands)

    Pietola, K.; Oude Lansink, A.G.J.M.

    2006-01-01

    This paper estimates a sequence of energy-saving technology choices by Dutch glasshouse firms. The model allows for time-constant, firm-specific effects and serial correlation of errors and it is estimated on panel data over the period 1991¿1995. The unobserved error sequences are simulated in the

  10. Transfer And Adoption Of Labour Saving Technologies | Idu ...

    African Journals Online (AJOL)

    The study was carried out to assess the transfer and adoption of labour saving technologies in Apa Local Government area of BenueState. A total sample size One Hundred and Twenty was used in the study. Interview schedule was used to collect the data from respondents. The results revealed that herbicide was adopted ...

  11. The Safe Harbor Mouse Retreat(™) is an innovative enrichment shelter that saves mice and money.

    Science.gov (United States)

    Froberg-Fejko, Karen M; Lecker, Jaime L

    2013-10-01

    Environmental enrichment can be defined as altering the living environment of captive animals in order to provide them with opportunities to express their natural behavioral repertoire. As important as offering an enriched environment is assuring lab animals are housed in the safest conditions possible. Cage flooding events are an unfortunate reality; however, technology is advancing to minimize these events. Bio-Serv, in collaboration with Allentown, Inc., has developed an innovative and economical shelter called the Safe Harbor Mouse Retreat (Fig. 1). This shelter offers a life-saving refuge for mice during these occasional, but devastating cage-flooding accidents. Mice will not be lost due to chilling or drowning caused by water exposure. Breeding mice can save their litters by moving their pups to the second level, and all mice can escape to the higher level where they can remain warm and dry until they are rescued. This clever shelter is not only life-saving for mice but offers several other significant benefits as well.

  12. Borrowing Money. Science and Technology Education in Philippine Society.

    Science.gov (United States)

    Philippines Univ., Quezon City. Inst. for Science and Mathematics Education Development.

    This module discusses several borrowing schemes to help students see more clearly the effects of borrowing money on both the lender and the borrower. They include borrowing from personal lenders, from "5-6" operators, and from credit unions. Three exercise sets with answers (one for each borrowing scheme), a short list of references, and…

  13. REVIEW OF ENERGY-SAVING TECHNOLOGIES IN MODERN HYDRAULIC DRIVES

    Directory of Open Access Journals (Sweden)

    Mykola Karpenko

    2017-12-01

    Full Text Available This paper focuses on review of modern energy­saving technologies in hydraulic drives. Described main areas of energy conservation in hydraulic drive (which in turn are divided into many under the directions and was established the popularity of them. Reviewed the comparative analysis of efficiency application of various strategies for energy saving in a hydraulic drive. Based on the review for further research a combined method of real­time control systems with energy­saving algorithms and regeneration unit – selected for maxing efficiency in hydraulic drive. Scientific papers (40 papers, what introduced in review, is not older than 15 years in the databases “Sciencedirect” and “Scopus”.

  14. Saving tax payers' money

    DEFF Research Database (Denmark)

    Staak, Thorsten; Günzel, Franziska

    this aim. To resolve this existing dichotomy between the motivation and the practical design of public intervention is the goal of this paper. To this end, we develop, using the Analytical Hierarchy Process, a decision tool, which incorporates the market failure theory as its foundation. With this study......, we contribute to the public policy research by introducing a new multi-attributive decision model as well as to the entrepreneurship arena by introducing the Analytical Hierarchy Process as a methodology that can be used to structure and solve complex public policy decision problems....

  15. Energy Saving Melting and Revert Reduction Technology (E-SMARRT): Design Support for Tooling Optimization

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Dongtao

    2011-09-23

    High pressure die casting is an intrinsically efficient net shape process and improvements in energy efficiency are strongly dependent on design and process improvements that reduce scrap rates so that more of the total consumed energy goes into acceptable, usable castings. Computer simulation has become widely used within the industry but use is not universal. Further, many key design decisions must be made before the simulation can be run and expense in terms of money and time often limits the number of decision iterations that can be explored. This work continues several years of work creating simple, very fast, design tools that can assist with the early stage design decisions so that the benefits of simulation can be maximized and, more importantly, so that the chances of first shot success are maximized. First shot success and better running processes contributes to less scrap and significantly better energy utilization by the process. This new technology was predicted to result in an average energy savings of 1.83 trillion BTUs/year over a 10 year period. Current (2011) annual energy saving estimates over a ten year period, based on commercial introduction in 2012, a market penetration of 30% by 2015 is 1.89 trillion BTUs/year by 2022. Along with these energy savings, reduction of scrap and improvement in yield will result in a reduction of the environmental emissions associated with the melting and pouring of the metal which will be saved as a result of this technology. The average annual estimate of CO2 reduction per year through 2022 is 0.037 Million Metric Tons of Carbon Equivalent (MM TCE).

  16. MORE THAN MONEY: THE EXPONENTIAL IMPACT OF ACADEMIC TECHNOLOGY TRANSFER.

    Science.gov (United States)

    McDevitt, Valerie Landrio; Mendez-Hinds, Joelle; Winwood, David; Nijhawan, Vinit; Sherer, Todd; Ritter, John F; Sanberg, Paul R

    2014-11-01

    Academic technology transfer in its current form began with the passage of the Bayh-Dole Act in 1980, which allowed universities to retain ownership of federally funded intellectual property. Since that time, a profession has evolved that has transformed how inventions arising in universities are treated, resulting in significant impact to US society. While there have been a number of articles highlighting benefits of technology transfer, now, more than at any other time since the Bayh-Dole Act was passed, the profession and the impacts of this groundbreaking legislation have come under intense scrutiny. This article serves as an examination of the many positive benefits and evolution, both financial and intrinsic, provided by academic invention and technology transfer, summarized in Table 1.

  17. Biopulping: A new energy-saving technology for papermaking

    International Nuclear Information System (INIS)

    Scott, G.M.; Akhtar, M.; Lentz, M.J.; Kirk, T.K.; Swaney, R.; Shipley, D.F.

    1997-01-01

    Biopulping is defined as the treatment of wood chips with lignin-degrading fungi prior to pulping. Fungal pretreatment prior to mechanical pulping reduces electrical energy requirements during refining or increases mill throughput, improves paper strength, reduces the pitch content, reduces cooking time for sulfite pulping, and reduces the environmental impact of pulping. The recent work involved scaling up the biopulping process towards the industrial level, investigating both the engineering and economic feasibility of the technology. The authors envision the process to be done in either a chip-pile or silo-based system for which several factors need to be considered. These factors include the degree of decontamination, a hospitable environment for the fungus, and the overall process economics. Currently, treatment of the chips with low pressure steam is sufficient for decontamination. Furthermore, a simple, forced ventilation system can be used to maintain the proper temperature, humidity, and moisture content throughout the chip bed, thus promoting uniform growth of the fungus. The pilot-scale trial resulted in the successful treatment of 4 tons, of wood chips (dry weight basis) with results comparable to those on a laboratory scale. For mechanical pulping, a 2-week treatment results in approximately 30% energy savings that, considering the additional equipment and operating costs, results in an overall savings of $9 to $20/ton of pulp in a chip-pile system. The other benefits that biopulping confers improve the economics considerably A larger, 40-ton trial was also successful, with energy savings and paper properties comparable with the laboratory scale

  18. Do water-saving technologies improve environmental flows?

    Science.gov (United States)

    Batchelor, Charles; Reddy, V. Ratna; Linstead, Conor; Dhar, Murli; Roy, Sumit; May, Rebecca

    2014-10-01

    Water saving and conservation technologies (WCTs) have been promoted widely in India as a practical means of improving the water use efficiency and freeing up water for other uses (e.g. for maintaining environmental flows in river systems). However, there is increasing evidence that, somewhat paradoxically, WCTs often contribute to intensification of water use by irrigated and rainfed farming systems. This occurs when: (1) Increased crop yields are coupled with increased consumptive water use and/or (2) Improved efficiency, productivity and profitability encourages farmers to increase the area cropped and/or to adopt multiple cropping systems. In both cases, the net effect is an increase in annual evapotranspiration that, particularly in areas of increasing water scarcity, can have the trade-off of reduced environmental flows. Recognition is also increasing that the claimed water savings of many WCTs may have been overstated. The root cause of this problem lies in confusion over what constitutes real water saving at the system or basin scales. The simple fact is that some of the water that is claimed to be ‘saved’ by WCTs would have percolated into the groundwater from where it can be and often is accessed and reused. Similarly, some of the “saved” runoff can be used downstream by, for example, farmers or freshwater ecosystems. This paper concludes that, particularly in areas facing increasing water scarcity, environmental flows will only be restored and maintained if they are given explicit (rather than theoretical or notional) attention. With this in mind, a simple methodology is proposed for deciding when and where WCTs may have detrimental impacts on environmental flows.

  19. Compact and energy saving magnet technology for particle accelerators

    International Nuclear Information System (INIS)

    Baurichter, A.

    2013-01-01

    Despite the fact that funding agencies and industrial users of particle accelerators get more and more alerted about costs of civil engineering, installation and operation, only little effort has been put into development of sustainable, energy and cost saving accelerator technology. In order to reduce the total-cost-of ownership of accelerator magnets, operating at high electrical power for twenty years or more, permanent magnet based Green Magnet technology has been developed at a consortium around Danfysik's R and D team. Together with our partners from ISA, Aarhus University, the Aarhus School of Engineering, the company Sintex and Aalborg University all obstacles in applying permanent magnet technology as e.g. thermal drift and inhomogeneities of magnetic fields have been overcome. The first Green Magnet has now been operated for more than half a year in an Accelerator Mass Spectrometry facility at the ETH in Zurich. The performance of this B=0.43T 90 deg. H-type bending magnet and the most recently builtB=1T, 30 deg. C-type Green Magnet for the synchrotron light source ASTRID2 at ISA in Aarhus will be presented. Danfysik also is designing, manufacturing and testing 60 compact magnet systems, developed at MAX-Lab for the new MAXIV 3.0 GeV synchrotron light source. In addition, 12 for the 1.5 GeV light source and another 12 for the new SOLARIS light source in Krakow, Poland are buying built. Up to a dozen or more magnet functions have been integrated into one yoke of these compact magnet systems, which makes the new MAXIV light sources compact, energy saving and at the same time very bright. Test results and design concepts of the new MAXIV and SOLARIS magnets will be presented. (author)

  20. DCS upgrades for nuclear power plants: Saving money and reducing risk through virtual-stimulation control system checkout

    International Nuclear Information System (INIS)

    McKim, G.; Yeager, M.; Weirich, C.

    2006-01-01

    Nuclear power plant control systems of 1970's vintage have reached the end of their life: reliability is poor and spare parts are hard to come by. At First Energy Perry station, two costly feedwater system trips caused by an ailing analog control system led to the decision to replace it with a modern Foxboro I/A-series Distributed Control System. The simulator was also upgraded using the Virtual-Stim simulation of I/A, called FSIM. Virtual-Stim simulation allows the configuration and graphics from the plant to be downloaded onto the simulator as-is, using the same tools and operator interface as the plant, without imprecise translations, conversions, or other emulation. Advances in simulation technology and market forces have led to an open architecture design, allowing FSIM to be 'bridged' to Perry's existing Opensim simulator process model. This appears to be an industry-wide trend as more control system vendors offer Virtual Stimulation solutions for connection to third-party simulation products. Taking a cue from First Energy's Sammis Station FSIM simulator projects, the Perry simulator was used for dedicated control verification and tuning. Preventing forced outages caused by control configuration errors can result in enormous savings, and the simulator is now required to precede any plant modifications rather than just a training tool that lags the plant. This testing revealed several surprising results for a relatively straightforward control strategy, showing that simulator-based testing will be even more crucial in the future as the remain-der of the balance of plant is migrated to digital control. (author)

  1. Sizzling Qatar boom sparked by foreign money, technology, and gas

    International Nuclear Information System (INIS)

    Aalund, L.R.

    1998-01-01

    International oil companies have collected advanced upstream and downstream technology and focused it on the small Persian Gulf emirate of Qatar, a roughly 110 mile long by 50 mile wide, thumb-like peninsula that juts out from Saudi Arabia. The emirate, in a burst of enlightened self interest, has opened its doors to international companies and is now riding a wave of foreign investment and new technology to major increases in oil, natural gas, and petrochemical production. The largest natural gas reserve in the world is under Qatari waters and is the driver for the activity that includes two LNG plants. Qatar has proven that you don''t need crude oil in the Persian Gulf to be important. Activities are discussed

  2. Energy-Smart Building Choices: How School Facilities Managers and Business Officials Are Reducing Operating Costs and Saving Money

    International Nuclear Information System (INIS)

    Energy Smart Schools Team

    2001-01-01

    Most K-12 schools could save 25% of their energy costs by being smart about energy. Nationwide, the savings potential is$6 billion. While improving energy use in buildings and busses, schools are likely to create better places for teaching and learning, with better lighting, temperature control, acoustics, and air quality. This brochure, targeted to school facilities managers and business officials, describes how schools can become more energy efficient

  3. Smart Money

    DEFF Research Database (Denmark)

    Avital, Michel; Hedman, Jonas; Albinsson, Lars

    2017-01-01

    transaction costs by providing seamless real-time payments. In addition, digital legal tender that is based on blockchain technology can provide a foundation for customizable “smart money” which can be used to manage the appropriation of money and its use. In essence, the smart money is a customizable value...

  4. A practical review of energy saving technology for ageing populations.

    Science.gov (United States)

    Walker, Guy; Taylor, Andrea; Whittet, Craig; Lynn, Craig; Docherty, Catherine; Stephen, Bruce; Owens, Edward; Galloway, Stuart

    2017-07-01

    Fuel poverty is a critical issue for a globally ageing population. Longer heating/cooling requirements combine with declining incomes to create a problem in need of urgent attention. One solution is to deploy technology to help elderly users feel informed about their energy use, and empowered to take steps to make it more cost effective and efficient. This study subjects a broad cross section of energy monitoring and home automation products to a formal ergonomic analysis. A high level task analysis was used to guide a product walk through, and a toolkit approach was used thereafter to drive out further insights. The findings reveal a number of serious usability issues which prevent these products from successfully accessing an important target demographic and associated energy saving and fuel poverty outcomes. Design principles and examples are distilled from the research to enable practitioners to translate the underlying research into high quality design-engineering solutions. Copyright © 2017 Elsevier Ltd. All rights reserved.

  5. Development of Technological Profiles for Transfer of Energy- and Resource Saving Technologies

    Directory of Open Access Journals (Sweden)

    Lysenko, V.S.

    2015-01-01

    Full Text Available The article deals with the methodological foundations for the development of technological profiles for «System of Transfer of Energy- and Resource Saving Technologies». It is determined that a compliance with the methodology and standards of the European network «Relay Centers» (Innovation Relay Centers — IRC network, since 2008 — EEN, the Russian Technology Transfer Network RTTN and Uk rainian Technology Transfer Network UTTN is the main pri nciple of the development process of technological requests and offers.

  6. Multiplying Money

    Directory of Open Access Journals (Sweden)

    Garry Jacobs

    2013-05-01

    Full Text Available This article is not a comprehensive factual history of money as an economic instrument. It aims rather to present an essential psychological history of the power of money as a social organization or social technology. It explores the catalytic role of money in the development of society and its ever-increasing capacity for accomplishment in both economic and non-economic fields. This perspective focuses attention on the unutilized potential for harnessing the social power of money for promoting full employment, global development and human welfare. The title ‘multiplying money’ is intended to convey the idea that this untapped potential is exponential in nature. In order to recognize it, some fundamental misconceptions about the nature of money, how it is created and on what it is based need to be examined. This is the second article in a series.

  7. Energy and cost saving results for advanced technology systems from the Cogeneration Technology Alternatives Study (CTAS)

    Science.gov (United States)

    Sagerman, G. D.; Barna, G. J.; Burns, R. K.

    1979-01-01

    An overview of the organization and methodology of the Cogeneration Technology Alternatives Study is presented. The objectives of the study were to identify the most attractive advanced energy conversion systems for industrial cogeneration applications in the future and to assess the advantages of advanced technology systems compared to those systems commercially available today. Advanced systems studied include steam turbines, open and closed cycle gas turbines, combined cycles, diesel engines, Stirling engines, phosphoric acid and molten carbonate fuel cells and thermionics. Steam turbines, open cycle gas turbines, combined cycles, and diesel engines were also analyzed in versions typical of today's commercially available technology to provide a base against which to measure the advanced systems. Cogeneration applications in the major energy consuming manufacturing industries were considered. Results of the study in terms of plant level energy savings, annual energy cost savings and economic attractiveness are presented for the various energy conversion systems considered.

  8. Review of the Application of Green Building and Energy Saving Technology

    Science.gov (United States)

    Tong, Zhineng

    2017-12-01

    The use of energy-saving technologies in green buildings should run through the entire process of building design, construction and use, enabling green energy-saving technologies to maximize their effectiveness in construction. Realize the sustainable development of green building, reduce energy consumption, reduce people’s interference with the natural environment, suitable for people living in “green” building.

  9. Which health technologies should be funded? A prioritization framework based explicitly on value for money

    Directory of Open Access Journals (Sweden)

    Golan Ofra

    2012-11-01

    Full Text Available Abstract Background Deciding which health technologies to fund involves confronting some of the most difficult choices in medicine. As for other countries, the Israeli health system is faced each year with having to make these difficult decisions. The Public National Advisory Committee, known as ‘the Basket Committee’, selects new technologies for the basic list of health care that all Israelis are entitled to access, known as the ‘health basket’. We introduce a framework for health technology prioritization based explicitly on value for money that enables the main variables considered by decision-makers to be explicitly included. Although the framework’s exposition is in terms of the Basket Committee selecting new technologies for Israel’s health basket, we believe that the framework would also work well for other countries. Methods Our proposed prioritization framework involves comparing four main variables for each technology: 1. Incremental benefits, including ‘equity benefits’, to Israel’s population; 2. Incremental total cost to Israel’s health system; 3. Quality of evidence; and 4. Any additional ‘X-factors’ not elsewhere included, such as strategic or legal factors, etc. Applying methodology from multi-criteria decision analysis, the multiple dimensions comprising the first variable are aggregated via a points system. Results The four variables are combined for each technology and compared across the technologies in the ‘Value for Money (VfM Chart’. The VfM Chart can be used to identify technologies that are good value for money, and, given a budget constraint, to select technologies that should be funded. This is demonstrated using 18 illustrative technologies. Conclusions The VfM Chart is an intuitively appealing decision-support tool for helping decision-makers to focus on the inherent tradeoffs involved in health technology prioritization. Such deliberations can be performed in a systematic and transparent

  10. Material saving by means of CWR technology using optimization techniques

    Science.gov (United States)

    Pérez, Iñaki; Ambrosio, Cristina

    2017-10-01

    Material saving is currently a must for the forging companies, as material costs sum up to 50% for parts made of steel and up to 90% in other materials like titanium. For long products, cross wedge rolling (CWR) technology can be used to obtain forging preforms with a suitable distribution of the material along its own axis. However, defining the correct preform dimensions is not an easy task and it could need an intensive trial-and-error campaign. To speed up the preform definition, it is necessary to apply optimization techniques on Finite Element Models (FEM) able to reproduce the material behaviour when being rolled. Meta-models Assisted Evolution Strategies (MAES), that combine evolutionary algorithms with Kriging meta-models, are implemented in FORGE® software and they allow reducing optimization computation costs in a relevant way. The paper shows the application of these optimization techniques to the definition of the right preform for a shaft from a vehicle of the agricultural sector. First, the current forging process, based on obtaining the forging preform by means of an open die forging operation, is showed. Then, the CWR preform optimization is developed by using the above mentioned optimization techniques. The objective is to reduce, as much as possible, the initial billet weight, so that a calculation of flash weight reduction due to the use of the proposed preform is stated. Finally, a simulation of CWR process for the defined preform is carried out to check that most common failures (necking, spirals,..) in CWR do not appear in this case.

  11. Spending more money, saving more lives? The relationship between avoidable mortality and healthcare spending in 14 countries.

    Science.gov (United States)

    Heijink, Richard; Koolman, Xander; Westert, Gert P

    2013-06-01

    Healthcare expenditures rise as a share of GDP in most countries, raising questions regarding the value of further spending increases. Against this backdrop, we assessed the value of healthcare spending growth in 14 western countries between 1996 and 2006. We estimated macro-level health production functions using avoidable mortality as outcome measure. Avoidable mortality comprises deaths from certain conditions "that should not occur in the presence of timely and effective healthcare". We investigated the relationship between total avoidable mortality and healthcare spending using descriptive analyses and multiple regression models, focussing on within-country variation and growth rates. We aimed to take into account the role of potential confounders and dynamic effects such as time lags. Additionally, we explored a method to estimate macro-level cost-effectiveness. We found an average yearly avoidable mortality decline of 2.6-5.3% across countries. Simultaneously, healthcare spending rose between 1.9 and 5.9% per year. Most countries with above-average spending growth demonstrated above-average reductions in avoidable mortality. The regression models showed a significant association between contemporaneous and lagged healthcare spending and avoidable mortality. The time-trend, representing an exogenous shift of the health production function, reduced the impact of healthcare spending. After controlling for this time-trend and other confounders, i.e. demographic and socioeconomic variables, a statistically significant relationship between healthcare spending and avoidable mortality remained. We tentatively conclude that macro-level healthcare spending increases provided value for money, at least for the disease groups, countries and years included in this study.

  12. The Impact of Sustainable Development Technology on a Small Economy-The Case of Energy-Saving Technology.

    Science.gov (United States)

    Chen, Xiding; Huang, Qinghua; Huang, Weilun; Li, Xue

    2018-02-08

    We investigated the impact of a sustainable development technology on the macroeconomic variables in a small economy utilizing a case study with a stochastically improving energy saving technology and a stochastically increasing energy price. The results show the technological displacement effects of energy saving technology are stronger, but there are more ambiguous instantaneous returns to physical capital. However, the energy saving technology's displacement effects might not affect the conditions under which the Harberger-Laursen-Metzler (HLM) effect holds. The effects of rising energy prices on bonds are stronger, and there are more ambiguous instantaneous returns, but the conditions under which the HLM effect holds are different.

  13. Stakeholders’ influence on the adoption of energy-saving technologies in Italian homes

    International Nuclear Information System (INIS)

    Berardi, Umberto

    2013-01-01

    The instability and fragmentation of the temporary aggregations of many stakeholders in construction processes are barriers to adopting new technologies. This paper investigates the influence of different stakeholders on the adoption of mature energy-saving technologies in new residential buildings. Recent literature about the influence of different stakeholders on construction processes is reviewed focusing in their interest for energy saving technologies. To gain an insight into the specific roles played by stakeholders (general contractors, construction firms, architects, users and public governments) in different projects, a case study methodology was used. The influence on the adoption of energy-saving technologies of stakeholders was assessed through semi-structured interviews. These interviews focused on the interest and power for the adoption of several energy-saving technologies. Having recognized that the interest in adoption is often expressed late in the construction processes, the time of introduction of this interest was assessed. This paper provides an empirical insight into significant barriers for the adoption of energy saving technologies which are the low influence of highly motivated stakeholders on the decision of adoption, and the delay at which the interest in energy-saving technologies emerges. Finally, policies to overcome these barriers are suggested. - Highlights: • Why energy saving technologies are rarely adopted in buildings? • Diffusion is slowed by the late participation of stakeholders with great interest for energy technologies. • The influence of construction stakeholders for the adoption of energy saving technologies is measured in Italian case studies. • More integrated relationships among stakeholders are required to help the adoption of energy saving technologies. • Process re-organizations and policies which increase final users’ power are needed

  14. Seatbelt use to save money: Impact on hospital costs of occupants who are involved in motor vehicle crashes.

    Science.gov (United States)

    Han, Guang-Ming; Newmyer, Ashley; Qu, Ming

    2017-03-01

    Seatbelt use is the single most effective way to save lives in motor vehicle crashes (MVC). However, although safety belt laws have been enacted in many countries, seatbelt usage throughout the world remains below optimal levels, and educational interventions may be needed to further increase seatbelt use. In addition to reducing crash-related injuries and deaths, reduced medical expenditures resulting from seatbelt use are an additional benefit that could make such interventions cost-effective. Accordingly, the objective of this study was to estimate the correlation between seatbelt use and hospital costs of injuries involved in MVC. The data used in this study were from the Nebraska CODES database for motor vehicle crashes that occurred between 2004 and 2013. The hospital cost information and information about other factors were obtained by linking crash reports with hospital discharge data. A multivariable regression model was performed for the association between seatbelt use and hospital costs. Mean hospital costs were significantly lower among motor vehicle occupants using a lap-shoulder seatbelt ($2909), lap-only seatbelt ($2289), children's seatbelt ($1132), or booster ($1473) when compared with those not using any type of seatbelt ($7099). After adjusting for relevant factors, there were still significantly decreased hospital costs for motor vehicle occupants using a lap-shoulder seatbelt (84.7%), lap-only seatbelt (74.1%), shoulder-only seatbelt (40.6%), children's seatbelt (95.9%), or booster (82.8%) compared to those not using a seatbelt. Seatbelt use is significantly associated with reduced hospital costs among injured MVC occupants. The findings in this study will provide important educational information for emergency department nurses who can encourage safety belt use for vehicle occupants. Copyright © 2016. Published by Elsevier Ltd.

  15. The Impact of Sustainable Development Technology on a Small Economy—The Case of Energy-Saving Technology

    Directory of Open Access Journals (Sweden)

    Xiding Chen

    2018-02-01

    Full Text Available We investigated the impact of a sustainable development technology on the macroeconomic variables in a small economy utilizing a case study with a stochastically improving energy saving technology and a stochastically increasing energy price. The results show the technological displacement effects of energy saving technology are stronger, but there are more ambiguous instantaneous returns to physical capital. However, the energy saving technology’s displacement effects might not affect the conditions under which the Harberger-Laursen-Metzler (HLM effect holds. The effects of rising energy prices on bonds are stronger, and there are more ambiguous instantaneous returns, but the conditions under which the HLM effect holds are different.

  16. The Impact of Sustainable Development Technology on a Small Economy—The Case of Energy-Saving Technology

    Science.gov (United States)

    Huang, Qinghua; Huang, Weilun; Li, Xue

    2018-01-01

    We investigated the impact of a sustainable development technology on the macroeconomic variables in a small economy utilizing a case study with a stochastically improving energy saving technology and a stochastically increasing energy price. The results show the technological displacement effects of energy saving technology are stronger, but there are more ambiguous instantaneous returns to physical capital. However, the energy saving technology’s displacement effects might not affect the conditions under which the Harberger-Laursen-Metzler (HLM) effect holds. The effects of rising energy prices on bonds are stronger, and there are more ambiguous instantaneous returns, but the conditions under which the HLM effect holds are different. PMID:29419788

  17. Money for Research, Not for Energy Bills: Finding Energy and Cost Savings in High Performance Computer Facility Designs

    Energy Technology Data Exchange (ETDEWEB)

    Drewmark Communications; Sartor, Dale; Wilson, Mark

    2010-07-01

    High-performance computing facilities in the United States consume an enormous amount of electricity, cutting into research budgets and challenging public- and private-sector efforts to reduce energy consumption and meet environmental goals. However, these facilities can greatly reduce their energy demand through energy-efficient design of the facility itself. Using a case study of a facility under design, this article discusses strategies and technologies that can be used to help achieve energy reductions.

  18. Saving time and money: a validation of the self ratings on the prospective NIMH Life-Chart Method (NIMH-LCM).

    Science.gov (United States)

    Born, Christoph; Amann, Benedikt L; Grunze, Heinz; Post, Robert M; Schärer, Lars

    2014-05-07

    Careful observation of the longitudinal course of bipolar disorders is pivotal to finding optimal treatments and improving outcome. A useful tool is the daily prospective Life-Chart Method, developed by the National Institute of Mental Health. However, it remains unclear whether the patient version is as valid as the clinician version. We compared the patient-rated version of the Lifechart (LC-self) with the Young-Mania-Rating Scale (YMRS), Inventory of Depressive Symptoms-Clinician version (IDS-C), and Clinical Global Impression-Bipolar version (CGI-BP) in 108 bipolar I and II patients who participated in the Naturalistic Follow-up Study (NFS) of the German centres of the Bipolar Collaborative Network (BCN; formerly Stanley Foundation Bipolar Network). For statistical evaluation, levels of severity of mood states on the Lifechart were transformed numerically and comparison with affective scales was performed using chi-square and t tests. For testing correlations Pearson´s coefficient was calculated. Ratings for depression of LC-self and total scores of IDS-C were found to be highly correlated (Pearson coefficient r = -.718; p money saving alternative to the clinician-rated version which should be incorporated in future clinical research in bipolar disorder. Generalizability of the results is limited by the selection of highly motivated patients in specialized bipolar centres and by the open design of the study.

  19. Resource-saving policy in the context of technological updating of ferroalloy production

    Directory of Open Access Journals (Sweden)

    Yelena Anatolyevna Pozdnyakova

    2011-06-01

    Full Text Available This paper substantiates the need for technological modernization of ferroalloy production which should be based on energy- and resource-saving technologies. Lean-technology is considered as a tool for effective management of material costs organization. A search algorithm for ways to improve the manufacturing process of a company, with which usage the author suggests a number of areas that require optimization, was developed. Measures aimed at solving the problems of resource-saving at JSC "Klyuchevsky Ferroalloy Plant" were proposed: introduction of resource saving technologies, suggesting involvement in the production of non-liquid products and the use of process waste and upgrading of individual processes. As a result of the proposed activities, tangible results have been achieved: reducing production costs, saving raw materials, reducing storage costs and release of additional areas, decrease of production losses.

  20. Free Money!

    Science.gov (United States)

    Anderson, Cynthia

    2011-01-01

    School library budgets are about as miserably low or nonexistent as many librarians have ever seen. The population of school librarians who have not just one, but "many" school libraries to manage is growing. Time and funds are short, and needs for books, programming, and technology are high. Grant money is out there for librarians, and the author…

  1. Energy saving technologies of the decentralized ventilation of buildings

    Science.gov (United States)

    Mansurov, R. Sh; Rafalskaya, T. A.

    2017-11-01

    The growing aspiration to energy saving and efficiency of energy leads to necessity to build tight enough buildings. As a result of this the quantity of infiltration air appears insufficient for realization of necessary air exchange in. One of decisions of the given problem is development and application for ventilation of premises of the decentralized forced-air and exhaust systems (DFAES) with recuperative or regenerative heat-exchangers. For an estimation of efficiency of DFAES following basic parameters have been certain: factor of energy saving; factor of efficiency of energy; factor of a heat transfer; factor of an effective utilization of a surface of heat exchange. Were estimated temperature of forced air; actual speed of an air jet on an entrance in a served zone; actual noise level; the charge of external air. Tests of DFAES were spent in natural conditions at which DFAES influenced all set of factors both an external climate, and an internal microclimate of a premise, and also the arrangement on a wind side or behind wind side of a building, influence of surrounding building, fluctuation of temperature of external air is considered. Proceeding from results and the analysis of the lead researches recommendations have been developed for development and manufacture of new sample of DFAES.

  2. ELECTRONIC FUNDS TRANSFER IN MONEY LAUNDERING CRIME: REGULATION NEEDED IN RESPONSE TO MEETING OF TECHNOLOGY AND CRIME IN INDONESIA

    Directory of Open Access Journals (Sweden)

    Go Lisanawati

    2010-12-01

    Full Text Available Advancements in information technology have affected modern society in numerous areas, including communication, education, commerce, and so on. These advancements have brought incredible benefits; they have also provided opportunities and motivation for various forms of crime. Information technology has also made crime highly profitable. Among the many types of criminal activities, modern technology has allowed money laundering to become an online crime. This new type of crime has raised some legal questions about the capability of national and international regulations in relation to current and upcoming issues. These include finding electronic funds transfer records after the fact, and determining money laundering activity that includes electronic funds transfer. Although Indonesia is an integral member of a community concerned with the interaction between technology and money laundering, it has not provided regulations to deal with the current and upcoming issues involving the crime of electronic money laundering. The increase in the amount of crime indicates the following series of techniques and mechanisms that had been detected in relation to money laundering activity. This research will examine current issues under the light of Indonesian regulations, and will put forward some proposals to close the legal vacuum.

  3. Partnership Provides Tutoring, Saves Money

    Science.gov (United States)

    Korenman, Tamar; Knight, Eileen Quinn

    2010-01-01

    In the past, collaboration between universities and high schools has been limited to placing student teachers in a classroom to get acclimated to the teaching environment. Saint Xavier University wanted education students to develop their teaching skills in a deeper manner. A nearby high school, with many students from immigrant families, also had…

  4. Saving Money Using Proportional Reasoning

    Science.gov (United States)

    de la Cruz, Jessica A.; Garney, Sandra

    2016-01-01

    It is beneficial for students to discover intuitive strategies, as opposed to the teacher presenting strategies to them. Certain proportional reasoning tasks are more likely to elicit intuitive strategies than other tasks. The strategies that students are apt to use when approaching a task, as well as the likelihood of a student's success or…

  5. Energy management does save money

    Energy Technology Data Exchange (ETDEWEB)

    Reeve, A

    1989-07-01

    A brief article reviews the importance of various types of control systems in conserving energy in industry. A wide range of examples is quoted including expert systems, oxygen trim systems and building energy management systems. The examples are chosen to span a wide range of industrial sectors with particular mention of the food and drink industry. The importance of energy efficiency in combatting the growing concern over environmental issues and the greenhouse effect is also stressed. (UK).

  6. Quantifying Adoption Rates and Energy Savings Over Time for Advanced Manufacturing Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Hanes, Rebecca [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Carpenter Petri, Alberta C [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Riddle, Matt [Argonne National Laboratory; Graziano, Diane [Argonne National Laboratory

    2017-10-09

    Energy-efficient manufacturing technologies can reduce energy consumption and lower operating costs for an individual manufacturing facility, but increased process complexity and the resulting risk of disruption means that manufacturers may be reluctant to adopt such technologies. In order to quantify potential energy savings at scales larger than a single facility, it is necessary to account for how quickly and how widely the technology will be adopted by manufacturers. This work develops a methodology for estimating energy-efficient manufacturing technology adoption rates using quantitative, objectively measurable technology characteristics, including energetic, economic and technical criteria. Twelve technology characteristics are considered, and each characteristic is assigned an importance weight that reflects its impact on the overall technology adoption rate. Technology characteristic data and importance weights are used to calculate the adoption score, a number between 0 and 1 that represents how quickly the technology is likely to be adopted. The adoption score is then used to estimate parameters for the Bass diffusion curve, which quantifies the change in the number of new technology adopters in a population over time. Finally, energy savings at the sector level are calculated over time by multiplying the number of new technology adopters at each time step with the technology's facility-level energy savings. The proposed methodology will be applied to five state-of-the-art energy-efficient technologies in the carbon fiber composites sector, with technology data obtained from the Department of Energy's 2016 bandwidth study. Because the importance weights used in estimating the Bass curve parameters are subjective, a sensitivity analysis will be performed on the weights to obtain a range of parameters for each technology. The potential energy savings for each technology and the rate at which each technology is adopted in the sector are quantified

  7. Automation technology saves 30% energy; Automatisierungstechnik spart 30% Energie ein

    Energy Technology Data Exchange (ETDEWEB)

    Klinkow, Torsten; Meyer, Michael [Wago Kontakttechnik GmbH und Co. KG, Minden (Germany)

    2013-04-01

    A systematic energy management is in more demand than ever in order to reduce the increasing energy costs. What used to be a difficult puzzle consisting of different technology components in the early days is today easier to solve by means of a standardized and cost-effective automation technology. With its IO system, Wago Kontakttechnik GmbH and Co. KG (Minden, Federal Republic of Germany) supplies a complete and coordinated portfolio for the energy efficiency.

  8. Understanding Modern Banking Ledgers through Blockchain Technologies: Future of Transaction Processing and Smart Contracts on the Internet of Money

    OpenAIRE

    Peters, Gareth William; Panayi, Efstathios

    2015-01-01

    In this chapter we provide an overview of the concept of blockchain technology and its potential to disrupt the world of banking through facilitating global money remittance, smart contracts, automated banking ledgers and digital assets. In this regard, we first provide a brief overview of the core aspects of this technology, as well as the second-generation contract-based developments. From there we discuss key issues that must be considered in developing such ledger based technologies in a ...

  9. Energy and cost savings results for advanced technology systems from the Cogeneration Technology Alternatives Study /CTAS/

    Science.gov (United States)

    Sagerman, G. D.; Barna, G. J.; Burns, R. K.

    1979-01-01

    The Cogeneration Technology Alternatives Study (CTAS), a program undertaken to identify the most attractive advanced energy conversion systems for industrial cogeneration applications in the 1985-2000 time period, is described, and preliminary results are presented. Two cogeneration options are included in the analysis: a topping application, in which fuel is input to the energy conversion system which generates electricity and waste heat from the conversion system is used to provide heat to the process, and a bottoming application, in which fuel is burned to provide high temperature process heat and waste heat from the process is used as thermal input to the energy conversion system which generates energy. Steam turbines, open and closed cycle gas turbines, combined cycles, diesel engines, Stirling engines, phosphoric acid and molten carbonate fuel cells and thermionics are examined. Expected plant level energy savings, annual energy cost savings, and other results of the economic analysis are given, and the sensitivity of these results to the assumptions concerning fuel prices, price of purchased electricity and the potential effects of regional energy use characteristics is discussed.

  10. TWO-STAGE HEAT PUMPS FOR ENERGY SAVING TECHNOLOGIES

    Directory of Open Access Journals (Sweden)

    A. E. Denysova

    2017-09-01

    Full Text Available The problem of energy saving becomes one of the most important in power engineering. It is caused by exhaustion of world reserves in hydrocarbon fuel, such as gas, oil and coal representing sources of traditional heat supply. Conventional sources have essential shortcomings: low power, ecological and economic efficiencies, that can be eliminated by using alternative methods of power supply, like the considered one: low-temperature natural heat of ground waters of on the basis of heat pump installations application. The heat supply system considered provides an effective use of two stages heat pump installation operating as heat source at ground waters during the lowest ambient temperature period. Proposed is a calculation method of heat pump installations on the basis of groundwater energy. Calculated are the values of electric energy consumption by the compressors’ drive, and the heat supply system transformation coefficient µ for a low-potential source of heat from ground waters allowing to estimate high efficiency of two stages heat pump installations.

  11. Technical Support Document: 50% Energy Savings Design Technology Packages for Highway Lodging Buildings

    Energy Technology Data Exchange (ETDEWEB)

    Jiang, Wei; Gowri, Krishnan; Lane, Michael D.; Thornton, Brian A.; Rosenberg, Michael I.; Liu, Bing

    2009-09-28

    This Technical Support Document (TSD) describes the process, methodology and assumptions for development of the 50% Energy Savings Design Technology Packages for Highway Lodging Buildings, a design guidance document intended to provide recommendations for achieving 50% energy savings in highway lodging properties over the energy-efficiency levels contained in ANSI/ASHRAE/IESNA Standard 90.1-2004, Energy Standard for Buildings Except Low-Rise Residential Buildings.

  12. Money distribution with intermediation

    OpenAIRE

    Teles, Caio Augusto Colnago

    2013-01-01

    This pap er analyzes the distribution of money holdings in a commo dity money search-based mo del with intermediation. Intro ducing heterogeneity of costs to the Kiyotaki e Wright ( 1989 ) mo del, Cavalcanti e Puzzello ( 2010) gives rise to a non-degenerated distribution of money. We extend further this mo del intro ducing intermediation in the trading pro cess. We show that the distribution of money matters for savings decisions. This gives rises to a xed p oint problem for the ...

  13. Returns on investments in energy-saving technologies under energy price uncertainty in Dutch greenhouse horticulture

    NARCIS (Netherlands)

    Diederen, P.J.M.; Tongeren, van F.W.; Veen, van der H.B.

    2003-01-01

    Conventional net present value calculations evaluating the profitability of investments in energy-saving technologies in Dutch horticultural outlays predict a much higher rate of adoption of these technologies than is actually observed. This paper tries to explain this gap by applying a real options

  14. Heat savings and heat generation technologies: Modelling of residential investment behaviour with local health costs

    International Nuclear Information System (INIS)

    Zvingilaite, Erika; Klinge Jacobsen, Henrik

    2015-01-01

    The trade-off between investing in energy savings and investing in individual heating technologies with high investment and low variable costs in single family houses is modelled for a number of building and consumer categories in Denmark. For each group the private economic cost of providing heating comfort is minimised. The private solution may deviate from the socio-economical optimal solution and we suggest changes to policy to incentivise the individuals to make choices more in line with the socio-economic optimal mix of energy savings and technologies. The households can combine their primary heating source with secondary heating e.g. a woodstove. This choice results in increased indoor air pollution with fine particles causing health effects. We integrate health cost due to use of woodstoves into household optimisation of heating expenditures. The results show that due to a combination of low costs of primary fuel and low environmental performance of woodstoves today, included health costs lead to decreased use of secondary heating. Overall the interdependence of heat generation technology- and heat saving-choice is significant. The total optimal level of heat savings for private consumers decrease by 66% when all have the option to shift to the technology with lowest variable costs. - Highlights: • Heat saving investment and heat technology choice are interdependent. • Health damage costs should be included in private heating choice optimisation. • Flexibility in heating technology choice reduce the optimal level of saving investments. • Models of private and socioeconomic optimal heating produce different technology mix. • Rebound effects are moderate but varies greatly among consumer categories

  15. Analysis on energy saving and emission reduction of clean energy technology in ports

    Science.gov (United States)

    Zhu, Li; Qin, Cuihong; Peng, Chuansheng

    2018-02-01

    This paper discusses the application of clean energy technology in ports. Using Ningbo port Co. Ltd. Beilun second container terminal branch as an example, we analyze the effect of energy saving and emission reduction of CO2 and SO2 by clean energy alternative to fuel oil, and conclude that the application of clean energy technology in the container terminal is mature, and can achieve effect of energy-saving and emission reduction of CO2 and SO2. This paper can provide as a reference for the promotion and application of clean energy in ports.

  16. Can consumers save energy? Results from surveys of consumer adoption and use of low and zero carbon technologies

    Energy Technology Data Exchange (ETDEWEB)

    Herring, Horace; Caird, Sally; Roy, Robin [Design Innovation Group, Faculty of Technology, The Open Univ. (United Kingdom)

    2007-07-01

    This paper presents results from a UK Open Univ. research project which surveyed consumers' reasons for adoption - and non-adoption - of domestic energy efficiency measures and renewable energy systems - collectively called low and zero carbon (LZC) technologies. Data was gathered during 2006 via an on-line questionnaire with nearly 400 responses, mainly from 'green' consumers, supplemented by 83 in-depth telephone interviews. These consumer surveys also identified problems and benefits experienced by adopters of these LZC technologies.The paper outlines some results of these surveys, for four established energy efficiency measures - loft insulation, condensing boilers, heating controls, and energy-efficient lighting - and for four renewable energy technologies - solar water heating, solar photovoltaics (PV), micro-wind turbines and wood stoves. These consumers typically adopted the energy efficiency measures and renewable energy systems to save energy, money and/or the environment, which many considered they achieved despite some rebound effects. The reasons for considering but rejecting these LZC technologies include the familiar cost barriers, but there were also other obstacles that varied according to the product or system concerned. An important finding is that most adopters of renewable energy systems have previously adopted two or more energy efficiency measures. Thus one conclusion is: sell energy efficiency first, then renewables. Whilst in the UK very few people have adopted household renewable energy systems, about a third of the consumers in our on-line survey said that they seriously considered adopting a renewable energy technology, although, only about 20 % of these actually did so. There seems to be considerable interest in household renewables in the UK, especially among older, middle class green consumers, but so far only relatively few pioneer adopters (notably retired couples) have managed to overcome the barriers of cost, time

  17. Factors Affecting Chinese Farmers' Decisions to Adopt a Water-Saving Technology

    NARCIS (Netherlands)

    Herzfeld, T.; Glauben, T.; Zhang, Y.; Hu, B.

    2008-01-01

    Chinese farm households (N = 240) were interviewed to understand some of the factors affecting their adoption of a water-saving technology called the Ground Cover Rice Production System (GCRPS). A logit model was established on the basis of a survey to estimate the determinants of adoption and to

  18. 6. Seminar of the IIE-ININ-IMP on technological specialties. Topic 7: energy savings

    International Nuclear Information System (INIS)

    1992-01-01

    The document includes 6 papers presented at the 6. Seminar of the IIE-ININ-IMP (Mexico) on technological specialties in the field of energy savings. (Topic 7). One item was in INIS subject scope and a separate abstract was prepared for it

  19. Sino-US cooperation in water saving technologies: essential international problems

    Science.gov (United States)

    The United States and China share many agricultural problems, but one of great importance is the need to produce more crop yield in the face of water scarcity. Common recognition of this problem led to the development of a joint Sino-US Water Saving Technologies Flagship project within the larger US...

  20. Fundamental research on sintering technology with super deep bed achieving energy saving and reduction of emissions

    International Nuclear Information System (INIS)

    Hongliang Han; Shengli Wu; Gensheng Feng; Luowen Ma; Weizhong Jiang

    2012-01-01

    In the general frame of energy saving, environment protection and the concept of circular economy, the fundamental research on the sintering technology with super deep bed, achieving energy saving and emission reduction, was carried out. At first, the characteristics of the process and exhaust emission in the sintering with super deep bed was mastered through the study of the influence of different bed depths on the sintering process. Then, considering the bed permeability and the fuel combustion, their influence on the sinter yield and quality, their potential for energy saving and emission reduction was studied. The results show that the improvement of the bed permeability and of the fuel combustibility respectively and simultaneously, leads to an improvement of the sintering technical indices, to energy saving and emission reduction in the condition of super deep bed. At 1000 mm bed depth, and taking the appropriate countermeasure, it is possible to decrease the solid fuel consumption and the emission of CO 2 , SO 2 , NO x by 10.08%, 11.20%, 22.62% and 25.86% respectively; and at 700 mm bed depth, it is possible to reduce the solid fuel consumption and the emission of CO 2 , SO 2 , NO x by 20.71%, 22.01%, 58.86% and 13.13% respectively. This research provides the theoretical and technical basis for the new technology of sintering with super deep bed, achieving energy saving and reduction of emission. (authors)

  1. Investigations of heat-hydraulic noises in the equipment for creation of power-saving technologies

    International Nuclear Information System (INIS)

    Proskuryakov, K.N.

    2000-01-01

    The results of experimental and theoretical studies on the parameters of vibroacoustic signals, originating in the TPP and NPP thermal energy equipment, are presented. The methods for calculation and identification of the heat-hydraulic perturbation sources, intended for improving the means of early diagnostics of anomalies in the technological process, forecasting their development, increasing the maintenance work efficiency and operational safety, as well as for creating power-saving technologies in the power engineering, are developed [ru

  2. Retrospective comparison of Traditional vs. LigaSure impact dissection during pancreatoduodenectomy: how to save money by using an expensive device.

    Science.gov (United States)

    Piccinni, Giuseppe; Pasculli, Alessandro; D'Ambrosio, Erasmina; Gurrado, Angela; Lissidini, Germana; Testini, Mario

    2013-09-01

    Pancreatoduodenectomy is an exceptional procedure that requires an extensive dissection of the supramesocolic region extended to the first jejunal limb. Lymphadenectomy, required for cancer, increases the dissection surface. The extensive preparation of the area is traditionally conducted with bipolar ormonopolar instruments, while clips, ligatures, and sutures are used for haemostasis. LigaSure™ vessel sealing(LSVS; Valleylab, Boulder, CO) is a technology that obtains vessel closure by using the body's own collagen and elastin to create a permanent fusion zone. This is obtained by a combination of forceps pressure and radio frequency. This effect has been improved by the introduction of the Force Triad™ (Valleylab, Boulder,CO) energy platform, controlled by TissueFect™ (Valleylab, Boulder, CO) sensing technology. With this device, the surgeon is able to fuse vessels up to 7 mm, lymphatics, tissue bundles, and pulmonary vasculature in a fast-seal cycle of almost 4 seconds. In our daily practice of open surgery we observe a rapid improvement of abdominal drainage output with a drastic reduction of protein loss. Its practical significance is, in our opinion, that we obtain a rapid recovery of normal serum protein levels with a low number of blood/plasmasac transfusions and a real improvement of anastomosis healing. Moreover, the efficacy and the speed of work of the device allow us to reduce the operating time significantly but safely. We performed a retrospective analysis of the data of 20 pancreatic resections conducted both with traditional dissection and with the Liga-Sure Impact device with Force Triad platform in order to verify whether observed data were real. Our clinical results show that the use of the LigaSure Impact device with Force Triad energy platform is really useful in open surgery to save operating time, number of postoperative days, and hemoderivate administration.

  3. Heat savings and heat generation technologies: Modelling of residential investment behaviour with local health costs

    DEFF Research Database (Denmark)

    Zvingilaite, Erika; Klinge Jacobsen, Henrik

    2015-01-01

    The trade-off between investing in energy savings and investing in individual heating technologies with high investment and low variable costs in single family houses is modelled for a number of building and consumer categories in Denmark. For each group the private economic cost of providing hea...... for private consumers decrease by 66% when all have the option to shift to the technology with lowest variable costs. © 2014 Elsevier Ltd. All Rights reserved......The trade-off between investing in energy savings and investing in individual heating technologies with high investment and low variable costs in single family houses is modelled for a number of building and consumer categories in Denmark. For each group the private economic cost of providing...

  4. Energy Savings Potential and RD&D Opportunities for Non-Vapor-Compression HVAC Technologies

    Energy Technology Data Exchange (ETDEWEB)

    none,

    2014-03-01

    While vapor-compression technologies have served heating, ventilation, and air-conditioning (HVAC) needs very effectively, and have been the dominant HVAC technology for close to 100 years, the conventional refrigerants used in vapor-compression equipment contribute to global climate change when released to the atmosphere. This Building Technologies Office report: --Identifies alternatives to vapor-compression technology in residential and commercial HVAC applications --Characterizes these technologies based on their technical energy savings potential, development status, non-energy benefits, and other factors affecting end-user acceptance and their ability to compete with conventional vapor-compression systems --Makes specific research, development, and deployment (RD&D) recommendations to support further development of these technologies, should DOE choose to support non-vapor-compression technology further.

  5. Study into the feasibility of manufacturing liquid glass using resource-saving technology

    Directory of Open Access Journals (Sweden)

    Mizyuryaev Sergey

    2017-01-01

    Full Text Available The authors’ views on the problem of resource-saving in the production of building materials are outlined, with three main modes of resource-saving indicated: the use of cheap raw materials, a reduction in the production costs, and an increase in the efficiency of the produced materials and products. The research provides information on the production and use of liquid glass in industry, including the construction industry. The theoretical substantiation of the possibility of developing a resource-saving technology for the production of liquid glass for construction purposes is given. The work provides information on promising alternative raw material components - diatomite, natural rock and black ash, industrial waste. Their properties are given as well as the justification of their effective use as raw materials. The method of preparation of the components and their mixtures, the preparation of sodium silicate through roasting, and the identification of the suitability of the obtained product for the manufacture of efficient building materials are described. Conclusions are made in regards to the feasibility of producing liquid glass using resource-saving technology.

  6. MODERN RESOURCE-SAVING TECHNOLOGIES IN FOUNDRY PRODUCTION OF JSC «MINSK TRAKTOR PLANT»

    Directory of Open Access Journals (Sweden)

    F. A. Domotenko

    2016-01-01

    Full Text Available In article the main world tendencies of development of the production technology of sandy cores and value of this production in complex technology of manufacture of castings are considered. It is established that the most rational way of production technically and economically is manufacture of wafer sandy cores using the Cold-box-amin technology. Scientific, technical, technological and economic aspects of modernization of foundry production of JSC MTZ with complete transition to production of sandy cores on the resource-saving Cold-box-amin technology are provided. The main distinctive feature of this reequipment – all planned works are based on the domestic technological developments and the equipment created in the cooperation by specialists of JSC BELNIILIT and JSC MTZ. Within GNTP essential support to the provided works was given by the state.

  7. Development of energy-saving technologies providing comfortable microclimate conditions for mining

    OpenAIRE

    Б. П. Казаков; Л. Ю. Левин; А. В. Шалимов; А. В. Зайцев

    2017-01-01

    The paper contains analysis of natural and technogenic factors influencing properties of mine atmosphere, defining level of mining safety and probability of emergencies. Main trends in development of energy-saving technologies providing comfortable microclimate conditions are highlighted. A complex of methods and mathematical models has been developed to carry out aerologic and thermophysical calculations. Main ways of improvement for existing calculation methods of stationary and non-station...

  8. Use a renewable energy sources and latest power-saving technologies in the the Republic Kazakstan

    International Nuclear Information System (INIS)

    Gulevich, N.V.

    1996-01-01

    The subject of alternative power in Kazakstan is brought up. Wind-, hydro-, solar power, biogas installation can improve the Republic power base. The main directions of activity of A. Einstein International Power engineering Academy on involving renewable energy sources and latest power-saving technologies to Republic of Kazakstan's fuel-power balance is given. It should be noted that renewable power engineering usually handles reversible energy sources and reserved power cycles. (author)

  9. Do kidney transplantations save money? A study using a before-after design and multiple register-based data from Sweden.

    Science.gov (United States)

    Jarl, Johan; Desatnik, Peter; Peetz Hansson, Ulrika; Prütz, Karl Göran; Gerdtham, Ulf-G

    2018-04-01

    The health care costs of kidney transplantation and dialysis are generally unknown. This study estimates the Swedish health care costs of kidney transplantation and dialysis over 10 years from a health care perspective. A before-after design was used, in which the patients served as their own controls. Health care costs the year before transplantation were assumed to continue in the absence of a transplant and the cost savings was therefore calculated as the difference between the expected costs and the actual costs during the 10-year follow-up period. Factors associated with the size of the cost savings were studied using ordinary least-squares regression. Altogether 66-79% of the expected health care costs over 10 years were avoided through kidney transplantation, resulting in a cost savings of €380 000 (2012 price-year) per patient. Savings were the highest for successful transplantations, but on average the treatment was cost-saving also for patients who returned to dialysis. No gender or age differences could be found, with the exception of a higher cost of transplantation for children and a generally higher cost for younger compared with older patients on dialysis. A negative association was also found between age at the time of transplantation and the size of the cost savings for the younger part of the sample. Kidney transplantations have led to substantial cost savings for the Swedish health care system. An increase in donated kidneys has the potential to further reduce the cost of renal replacement therapy.

  10. An analysis of growth factors of rapeseed at modern resource-saving technology

    Science.gov (United States)

    Filipova, M.; Zheleva, I.; Sulejmenova, N.; Abildaev, E.

    2017-10-01

    Nowadays the production of rapeseed has grown due to the variety of existing possibilities for its using. This calls the search for new, resource-saving technologies for its growing in Republic of Kazakhstan. For these new technologies it is needed to know which are the factors that influence the production of rapeseed and how each factor influence the production and the quality of this culture. The careful study of these factors is necessary for better understudying the process of the growing aimed increasing the yields and quantity of the rapeseed.

  11. Energy-Saving Melting and Revert Reduction Technology (E-SMARRT): Final Summary Report

    Energy Technology Data Exchange (ETDEWEB)

    White, Thornton C [SCRA Appiled R& D

    2014-03-31

    Energy-Saving Melting and Revert Reduction Technology (E-SMARRT) is a balanced portfolio of R&D tasks that address energy-saving opportunities in the metalcasting industry. E-SMARRT was created to: • Improve important capabilities of castings • Reduce carbon footprint of the foundry industry • Develop new job opportunities in manufacturing • Significantly reduce metalcasting process energy consumption and includes R&D in the areas of: • Improvements in Melting Efficiency • Innovative Casting Processes for Yield Improvement/Revert Reduction • Instrumentation and Control Improvement • Material properties for Casting or Tooling Design Improvement The energy savings and process improvements developed under E-SMARRT have been made possible through the unique collaborative structure of the E-SMARRT partnership. The E-SMARRT team consisted of DOE’s Office of Industrial Technology, the three leading metalcasting technical associations in the U.S: the American Foundry Society; the North American Die Casting Association; and the Steel Founders’ Society of America; and SCRA Applied R&D, doing business as the Advanced Technology Institute (ATI), a recognized leader in distributed technology management. This team provided collaborative leadership to a complex industry composed of approximately 2,000 companies, 80% of which employ less than 100 people, and only 4% of which employ more than 250 people. Without collaboration, these new processes and technologies that enable energy efficiencies and environment-friendly improvements would have been slow to develop and had trouble obtaining a broad application. The E-SMARRT R&D tasks featured low-threshold energy efficiency improvements that are attractive to the domestic industry because they do not require major capital investment. The results of this portfolio of projects are significantly reducing metalcasting process energy consumption while improving the important capabilities of metalcastings. Through June

  12. Energy booklet. Energy saving tips for more pocket money and environment. Booklet 2; EnergieSparFibel. EnergieSparTipps fuer mehr Taschengeld und Umwelt. Heft 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2010-07-01

    The effective environmental protection begins when saving. Energy which is not used at all also cannot burden the environment. Pleasant side effect: also the purse is treated gently. One of the most important measures for the reduction of energy consumption is the correct thermal insulation of a building so that heating energy cannot escape unused in the free. Thus, between 50 and 75 per cent of energy can be saved. Investments within this range usually are profitable already after a short time. The utilization of damming materials from regenerative raw materials enables application of financial incentives. In addition, within other ranges of the house modernizations and a change of the behaviour of utilization help to save energy. The contribution under consideration gives advices in order to improve dwellings energy-technically. The environment and the purse will thank it.

  13. Energy booklet. Part 2. Energy saving tips for more pocket money and environment; EnergieFibel. Heft 2. EnergieSparTipps fuer mehr Taschengeld und Umwelt

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2009-07-01

    The effective environmental protection begins when saving. Energy which is not used at all also cannot burden the environment. Pleasant side effect: also the purse is treated gently. One of the most important measures for the reduction of energy consumption is the correct thermal insulation of a building so that heating energy cannot escape unused in the free. Thus, between 50 and 75 per cent of energy can be saved. Investments within this range usually are profitable already after a short time. The utilization of damming materials from regenerative raw materials enables application of financial incentives. In addition, within other ranges of the house modernizations and a change of the behaviour of utilization help to save energy. The contribution under consideration gives advices in order to improve dwellings energy-technically. The environment and the purse will thank it.

  14. Invisible costs, visible savings.

    Science.gov (United States)

    Lefever, G

    1999-08-01

    By identifying hidden inventory costs, nurse managers can save money for the organization. Some measures include tracking and standardizing supplies, accurately evaluating patients' needs, and making informed purchasing decisions.

  15. Doing more with less: while hospitals are feeling the financial crunch, smart CIOs are finding ways to improve processes and save money.

    Science.gov (United States)

    Gamble, Kate Huvane

    2009-02-01

    Outsourcing tasks like help desk support and PC roll-outs can enable organizations to save on costs while developing skills internally. CIOs are finding that some vendors are willing to negotiate contracts to retain business during tough financial times. Although funds may be tight, CIOs need to be part of the solution by pushing clinical transformation and performance improvement.

  16. Solar thermal technology development: Estimated market size and energy cost savings. Volume 1: Executive summary

    Science.gov (United States)

    Gates, W. R.

    1983-02-01

    Estimated future energy cost savings associated with the development of cost-competitive solar thermal technologies (STT) are discussed. Analysis is restricted to STT in electric applications for 16 high-insolation/high-energy-price states. The fuel price scenarios and three 1990 STT system costs are considered, reflecting uncertainty over future fuel prices and STT cost projections. STT R&D is found to be unacceptably risky for private industry in the absence of federal support. Energy cost savings were projected to range from $0 to $10 billion (1990 values in 1981 dollars), dependng on the system cost and fuel price scenario. Normal R&D investment risks are accentuated because the Organization of Petroleum Exporting Countries (OPEC) cartel can artificially manipulate oil prices and undercut growth of alternative energy sources. Federal participation in STT R&D to help capture the potential benefits of developing cost-competitive STT was found to be in the national interest.

  17. Solar thermal technology development: Estimated market size and energy cost savings. Volume 1: Executive summary

    Science.gov (United States)

    Gates, W. R.

    1983-01-01

    Estimated future energy cost savings associated with the development of cost-competitive solar thermal technologies (STT) are discussed. Analysis is restricted to STT in electric applications for 16 high-insolation/high-energy-price states. The fuel price scenarios and three 1990 STT system costs are considered, reflecting uncertainty over future fuel prices and STT cost projections. STT R&D is found to be unacceptably risky for private industry in the absence of federal support. Energy cost savings were projected to range from $0 to $10 billion (1990 values in 1981 dollars), dependng on the system cost and fuel price scenario. Normal R&D investment risks are accentuated because the Organization of Petroleum Exporting Countries (OPEC) cartel can artificially manipulate oil prices and undercut growth of alternative energy sources. Federal participation in STT R&D to help capture the potential benefits of developing cost-competitive STT was found to be in the national interest.

  18. Solar Lighting Technologies for Highway Green Rest Areas in China: Energy Saving Economic and Environmental Evaluation

    Directory of Open Access Journals (Sweden)

    Xiaochun Qin

    2015-01-01

    Full Text Available In this paper, taking Lushan West Sea highway green rest area in Jiangxi Province of China as the case study, the suitable types, applicability, advantages, and effective methods of solar lighting technologies for highway rest area were determined based on the analysis of characteristics of highway green rest area. It was proved that solar lighting technologies including the natural light guidance system, solar LED lighting, and maximizing natural light penetration were quite suitable for highway rest area in terms of lighting effects and energy and economic efficiency. The illuminance comparison of light guidance system with electrical lighting was made based on the on-site experiment. Also, the feasibility of natural light guidance system was well verified in terms of the lighting demand of the visitor centre in the rest area by the illuminance simulation analysis. The evaluation of the energy saving, economic benefits, and environmental effects of solar lighting technologies for highway rest area was, respectively, made in detail. It was proved that the application of solar technology for green lighting of highway rest facilities not only could have considerable energy saving capacity and achieve high economic benefits, but also make great contributions to the reduction of environment pollution.

  19. Regulations on allocating the sums of money regarding of development of radiation exposure reduction technology for nuclear power facilities

    International Nuclear Information System (INIS)

    1984-01-01

    The regulations provide for the sums of money regarding research and development of radiation exposure reduction technology for nuclear power facilities and evaluation of the results. Expenses cover the purchase of equipment, personnel expenditures, travelling expenses, communication, etc. The contents are as follows: the application for subsidy allocations, determination of subsidy allocations, withdrawal of applications, a report on the work proceedings, a report on the results, approval of alterations in the plans, withdrawal of the decision for a subsidy allocation, patent rights, utilization etc. of the results, management of the properties, etc. (Mori, K.)

  20. Money laundering

    OpenAIRE

    Kryvosheieva, Ganna

    2017-01-01

    The thesis deals with evaluation of ant-money laundering effectiveness. In theoretical part money laundering, FATF (Financial Ask Task Force) and AML(anti-money laundering) are defined. Practical part concentrates on the biggest scandals of the latest years and assessment of AML effectiveness. Based on this evaluation, weak places in AML mechanisms were identified. Additionally, tools of AML improvement were determined.

  1. Saving for delivery through technology: an inquiry into an electronic commitment savings product for maternal healthcare in Kenya.

    Science.gov (United States)

    van Bastelaer, Thierry; Woodman, Benjamin; Chatterji, Minki; Long, David

    2016-10-01

    Many women in low-income countries cannot afford maternal healthcare services. Changamka, a Kenyan company, developed an electronic, stored-value card to help pregnant women save for maternal healthcare at a Nairobi hospital. This paper reports results from a mixed-methods process evaluation of the card's implementation. The study found high levels of uptake and identified several benefits of the program, such as facilitating payment for services. The evaluation also identified several challenges. Most users completed only one transaction before discontinuing card use; only 6% of women who acquired the card used it to pay for delivery, and slightly less than 1% used it as it was originally intended-to pay for several antenatal care visits and for delivery. According to respondents, the main reason for this discontinuation was a lack of understanding about how to use the card. Users were, on average, of a higher socioeconomic and educational status than non-card users. Most users obtained the card in their third trimester, and among those who used the card to save for delivery, most started to do so too late in pregnancy to accumulate sufficient savings to pay for that service. Copyright © 2015 John Wiley & Sons, Ltd. Copyright © 2015 John Wiley & Sons, Ltd.

  2. Geology of Woman Saving Concept

    Directory of Open Access Journals (Sweden)

    Shayesteh Madani

    2014-09-01

    Full Text Available Money is lubricant and an instrument for economic transaction. Money social dimension has increased over time, transforming it from a sole economic instrument to a device for various transactions. Money economic value in society is indicated through different forms, one of which is saving, in the sense of money accumulation and its use under specific future circumstances. Women, who form half of the society, take specific approaches to money and savings. The current research aims to investigate the perspectives and changing attitude strategy to money and saving among married women. The participants of this study include 20 to 70 year-old employed household married women who were observed phenomenologically and interviewed qualitatively on saving through.   The findings of this study demonstrated women perspectives on various types of saving, ways of saving, transfer methods, saving consumption forms and their mechanism. It also revealed that while money is an economic instrument and possess the economic material; attitudes and acts related to money are influenced by social conditions that has consequently turned saving into a social phenomenon.

  3. Prescription Program Provides Significant Savings

    Science.gov (United States)

    Rowan, James M.

    2010-01-01

    Most school districts today are looking for ways to save money without decreasing services to its staff. Retired pharmacist Tim Sylvester, a lifelong resident of Alpena Public Schools in Alpena, Michigan, presented the district with a pharmaceuticals plan that would save the district money without raising employee co-pays for prescriptions. The…

  4. Selected bibliography: cost and energy savings of conservation and renewable energy technologies

    Energy Technology Data Exchange (ETDEWEB)

    None

    1980-05-01

    This bibliography is a compilation of reports on the cost and energy savings of conservation and renewable energy applications throughout the United States. It is part of an overall effort to inform utilities of technological developments in conservation and renewable energy technologies and so aid utilities in their planning process to determine the most effective and economic combination of capital investments to meet customer needs. Department of Energy assessments of the applications, current costs and cost goals for the various technologies included in this bibliography are presented. These assessments are based on analyses performed by or for the respective DOE Program Offices. The results are sensitive to a number of variables and assumptions; however, the estimates presented are considered representative. These assessments are presented, followed by some conclusions regarding the potential role of the conservation and renewable energy alternative. The approach used to classify the bibliographic citations and abstracts is outlined.

  5. A Cost Estimation Analysis of U.S. Navy Ship Fuel-Savings Techniques and Technologies

    Science.gov (United States)

    2009-09-01

    Horngren , C. T., Datar, S . M., & Foster, G. (2006). Cost Accounting : A Managerial Emphasis. 12th ed. Saddle River, NJ: Pearson...COVERED Master’s Thesis 4. TITLE AND SUBTITLE A Cost Estimation Analysis of U.S. Navy Ship Fuel-Savings Techniques and Technologies 6. AUTHOR( S ...FY12 FY13 FY14 FY15 FY16 FY17 FY18 N P V   C u m   S a v i n g s   ( $ / y r / S D   s h i p s ) Time

  6. Potential benefits of cool roofs on commercial buildings. Conserving energy, saving money, and reducing emission of greenhouse gases and air pollutants

    International Nuclear Information System (INIS)

    Levinson, R.; Akbari, H.

    2010-01-01

    Cool roofs - roofs that stay cool in the sun by minimizing solar absorption and maximizing thermal emission - lessen the flow of heat from the roof into the building, reducing the need for space cooling energy in conditioned buildings. Cool roofs may also increase the need for heating energy in cold climates. For a commercial building, the decrease in annual cooling load is typically much greater than the increase in annual heating load. This study combines building energy simulations, local energy prices, local electricity emission factors, and local estimates of building density to characterize local, state average, and national average cooling energy savings, heating energy penalties, energy cost savings, and emission reductions per unit conditioned roof area. The annual heating and cooling energy uses of four commercial building prototypes - new office (1980+), old office (pre-1980), new retail (1980+), and old retail (pre-1980) - were simulated in 236 US cities. Substituting a weathered cool white roof (solar reflectance 0.55) for a weathered conventional gray roof (solar reflectance 0.20) yielded annually a cooling energy saving per unit conditioned roof area ranging from 3.30 kWh/m 2 in Alaska to 7.69 kWh/m 2 in Arizona (5.02 kWh/m 2 nationwide); a heating energy penalty ranging from 0.003 therm/m 2 in Hawaii to 0.14 therm/m 2 in Wyoming (0.065 therm/m 2 nationwide); and an energy cost saving ranging from USD 0.126/m 2 in West Virginia to USD 1.14/m 2 in Arizona (USD 0.356/m 2 nationwide). It also offered annually a CO2 reduction ranging from 1.07 kg/m 2 in Alaska to 4.97 kg/m 2 in Hawaii (3.02 kg/m 2 nationwide); an NOx reduction ranging from 1.70 g/m 2 in New York to 11.7 g/m 2 in Hawaii (4.81 g/m 2 nationwide); an SO2 reduction ranging from 1.79 g/m 2 in California to 26.1 g/m 2 in Alabama (12.4 g/m 2 nationwide); and an Hg reduction ranging from 1.08 μg/m 2 in Alaska to 105 μg/m 2 in Alabama (61.2 μg/m 2 nationwide). Retrofitting 80% of the 2

  7. Research on energy-saving effect of technological progress based on Cobb-Douglas production function

    International Nuclear Information System (INIS)

    Yuan Chaoqing; Liu Sifeng; Wu Junlong

    2009-01-01

    Energy issues receive more and more attention these days. And it is considered that technological progress is an essential approach to save energy. This essay is to analyze the relation between energy intensity and technological progress by Cobb-Douglas production function in which energy, labor, capital and technological progress are taken as independent variables. It proves that the growth of output per capital and output per labor will increase energy intensity while technological progress will decrease energy intensity. Empirical research on Chinese industry is used here to indicate technological progress greatly decreases energy intensity. Because of the interferences of Asian financial crisis, there is something abnormal in the data. So in the empirical research, average weaken buffer operator (ABWO) is applied to weaken the interference of Asian financial crisis to the fixed assets, energy and value added. The results of the empirical research show that technological progress decreases energy intensity of Chinese industry an average of 6.3% every year in China.

  8. Optimizing antiretroviral product selection: a sample approach to improving patient outcomes, saving money, and scaling-up health services in developing countries.

    Science.gov (United States)

    Amole, Carolyn D; Brisebois, Catherine; Essajee, Shaffiq; Koehler, Erin; Levin, Andrew D; Moore, Meredith C; Brown Ripin, David H; Sickler, Joanna J; Singh, Inder R

    2011-08-01

    Over the last decade, increased funding to support HIV treatment programs has enabled millions of new patients in developing countries to access the medications they need. Today, although demand for antiretrovirals continues to grow, the financial crisis has severely constrained funding leaving countries with difficult choices on program prioritization. Product optimization is one solution countries can pursue to continue to improve patient care while also uncovering savings that can be used for further scale up or other health system needs. Program managers can make procurement decisions that actually reduce program costs by considering additional factors beyond World Health Organization guidelines when making procurement decisions. These include in-country product availability, convenience, price, and logistics such as supply chain implications and laboratory testing requirements. Three immediate product selection opportunities in the HIV space include using boosted atazanavir in place of lopinovir for second-line therapy, lamivudine instead of emtricitabine in both first-line and second-line therapy, and tenofovir + lamivudine over abacavir + didanosine in second-line therapy. If these 3 opportunities were broadly implemented in sub-Saharan Africa and India today, approximately $300 million of savings would be realized over the next 5 years, enabling hundreds of thousands of additional patients to be treated. Although the discussion herein is specific to antriretrovirals, the principles of product selection are generalizable to diseases with multiple treatment options and fungible commodity procurement. Identifying and implementing approaches to overcome health system inefficiencies will help sustain and may expand quality care in resource-limited settings.

  9. Problems of Technology of Energy-Saving Buildings and Their Impact on Energy Efficiency in Buildings

    Science.gov (United States)

    Kwasnowski, Pawel; Fedorczak-Cisak, Malgorzata; Knap, Katarzyna

    2017-10-01

    Introduction of EPBD in legislation of the EU member states caused that buildings must meet very stringent requirements of thermal protection and energy efficiency. On the basis of EPBD provisions, EU Member States introduce standard of NZEB (Nearly Zero-Energy Buildings). Such activities cause a need for new, innovative materials and technologies, and new approaches to design, construction and retrofitting of buildings. Indispensable is the precise coordination of the design of structure and technical installations of building, which may be provided in an integrated design process in the system BIM. Good coordination and cooperation of all contractors during the construction phase is also necessary. The article presents the problems and the new methodology for the design, construction and use of energy efficient buildings in terms of energy saving technologies, including discussion of the significant impact of the automation of technical installations on the building energy efficiency.

  10. Energy-Saving Optimization of Water Supply Pumping Station Life Cycle Based on BIM Technology

    Science.gov (United States)

    Qun, Miao; Wang, Jiayuan; Liu, Chao

    2017-12-01

    In the urban water supply system, pump station is the main unit of energy consumption. In the background of pushing forward the informatization in China, using BIM technology in design, construction and operations of water supply pumping station, can break through the limitations of the traditional model and effectively achieve the goal of energy conservation and emissions reduction. This work researches the way to solve energy-saving optimization problems in the process of whole life cycle of water supply pumping station based on BIM technology, and put forward the feasible strategies of BIM application in order to realize the healthy and sustainable development goals by establishing the BIM model of water supply pumping station of Qingdao Guzhenkou water supply project.

  11. NMP22 BladderChek Test: point-of-care technology with life- and money-saving potential.

    Science.gov (United States)

    Tomera, Kevin M

    2004-11-01

    A new, relatively obscure tumor marker assay, the NMP22 BladderChek Test (Matritech, Inc.), represents a paradigm shift in the diagnosis and management of urinary bladder cancer (transitional cell carcinoma). Specifically, BladderChek should be employed every time a cystoscopy is performed, with corresponding changes in the diagnostic protocol and the guidelines of the American Urological Association for the diagnosis and management of bladder cancer. Currently, cystoscopy is the reference standard and NMP22 BladderChek Test in combination with cystoscopy improves the performance of cystoscopy. At every stage of disease, BladderChek provides a higher sensitivity for the detection of bladder cancer than cytology, which now represents the adjunctive standard of care. Moreover, BladderChek is four-times more sensitive than cytology and is available at half the cost. Early detection of bladder cancer improves prognosis, quality of life and survival. BladderChek may be analogous to the prostate-specific antigen test and eventually expand beyond the urologic setting into the primary care setting for the testing of high-risk patients characterized by smoking history, occupational exposures or age.

  12. Energy analysis of an original steering technology that saves fuel and boosts efficiency

    International Nuclear Information System (INIS)

    Daher, Naseem; Ivantysynova, Monika

    2014-01-01

    Highlights: • A novel energy-saving steer-by-wire technology is introduced, dubbed “DC SbW”. • A prototype vehicle is retrofitted with “DC SbW” and tested for overall efficiency. • Energy analysis is conducted to compare “DC SbW” against state-of-the-art. • “DC SbW” achieves more work while consuming less fuel → higher efficiency. - Abstract: Stemmed by ever-increasing demand on fossil fuels and increased environmental awareness to reduce carbon emissions, improving the efficiency of components and systems has been receiving paramount attention in most industries during the past few years. This is especially true in the mobile machinery industry, which produces high power equipment with relatively low energy efficiency for the most part. Mobile machines strictly employ fluid power systems owing to the superlative power density of hydraulic components. Nevertheless, no major breakthrough technologies to significantly boost the efficiency of fluid power systems have emerged, except for the recent development of a throttle-less actuation technology, known as pump displacement control (DC), which has been proven to be an energy efficient alternative and a serious contender to state-of-the-art technologies. This paper deals with analyzing the energy efficiency of a DC steering system versus a more conventional valve controlled counterpart, which conveys how effectively the two systems convert the chemical energy stored in the diesel fuel into useful mechanical energy. Experimental testing on a prototype test vehicle showed that DC steering results in 14.5% fuel savings, 22.6% productivity gain, and a grand total of 43.5% fuel usage efficiency increase

  13. Money Markets

    OpenAIRE

    Marvin Goodfriend

    2011-01-01

    Money markets offer monetary services and short-term finance in the capital market with the credit support of institutional sponsors. Investors finance money market instruments at low interest because their salability on short notice confers an implicit monetary services yield. Low interest attracts borrowers to money markets. The fragile equilibrium depends on collective confidence in the credit quality of instruments supplied to the market. Federal Reserve monetary and credit policies have ...

  14. Using Technology to Control Costs

    Science.gov (United States)

    Ho, Simon; Schoenberg, Doug; Richards, Dan; Morath, Michael

    2009-01-01

    In this article, the authors examines the use of technology to control costs in the child care industry. One of these technology solutions is Software-as-a-Service (SaaS). SaaS solutions can help child care providers save money in many aspects of center management. In addition to cost savings, SaaS solutions are also particularly appealing to…

  15. The use of generic drugs in prevention of chronic disease is far more cost-effective than thought, and may save money.

    Science.gov (United States)

    Shrank, William H; Choudhry, Niteesh K; Liberman, Joshua N; Brennan, Troyen A

    2011-07-01

    In this article we highlight the important role that medication therapy can play in preventing disease and controlling costs. Focusing on coronary artery disease, we demonstrate that prevention, with the appropriate use of generic medications, appears far more cost-effective than previously documented, and it may even save on costs. For example, an earlier study estimated that reducing blood pressure to widely established clinical guidelines in nondiabetic patients cost an estimated $52,983 per quality-adjusted life-year if a brand-name drug was used. However, we estimate that the cost is just $7,753 per quality-adjusted life-year at generic medication prices. As the nation attempts to find strategies to improve population health without adding to the unsustainably high cost of care, policy makers should focus on ensuring that patients have access to essential generic medications.

  16. The manufacture of generic replicas of implants for arthroplasty of the hip and knee: is it regulated and will it save money?

    Science.gov (United States)

    Atrey, A; Heylen, S; Gosling, O; Porteous, M J L; Haddad, F S

    2016-07-01

    Joint replacement of the hip and knee remain very satisfactory operations. They are, however, expensive. The actual manufacturing of the implant represents only 30% of the final cost, while sales and marketing represent 40%. Recently, the patents on many well established and successful implants have expired. Companies have started producing and distributing implants that purport to replicate existing implants with good long-term results. The aims of this paper are to assess the legality, the monitoring and cost saving implications of such generic implants. We also assess how this might affect the traditional orthopaedic implant companies. Cite this article: Bone Joint J 2016;98-B:892-900. ©2016 The British Editorial Society of Bone & Joint Surgery.

  17. Suitability assessment of building energy saving technologies for office buildings in cold areas of China based on an assessment framework

    International Nuclear Information System (INIS)

    Geng, Geng; Wang, Zhaoxia; Zhao, Jing; Zhu, Neng

    2015-01-01

    Highlights: • An assessment method considering economy, environment and technology is proposed. • Office buildings are classified into 3 types and weights are calculated respectively. • BESTs were summed up as 3 suitability levels. • Recommendations are proposed for adopting in design stage. - Abstract: Blind application and extensive copy of building energy saving technologies have been found very common through investigation in China. Emphases should be put on the suitability assessment when selecting and optimizing building energy saving technologies. This paper created an assessment method, namely an assessment framework to assess the suitability level of building energy saving technologies from a holistic point of view. Fuzzy analytic hierarchy process was adopted. 3 factors and 8 sub-factors were included in the framework. The office buildings were classified into 3 types to calculate weights of factors and sub-factors. The assessment framework was established for each type of office buildings. 20 energy saving technologies from surveyed cases was selected as case study. Ranks of suitability level of the assessment objects were obtained for each type of office buildings. The assessment results could be referred when selecting building energy saving technologies in the design stage

  18. Advancements in valve technology and industry lessons lead to improved plant reliability and cost savings

    International Nuclear Information System (INIS)

    Sharma, V.; Kalsi, M.S.

    2005-01-01

    Plant reliability and safety hinges on the proper functioning of several valves. Recent advancements in valve technology have resulted in new analytical and test methods for evaluating and improving valve and actuator reliability. This is especially significant in critical service applications in which the economic impact of a valve failure on production, outage schedules and consequential damages far surpasses the initial equipment purchase price. This paper presents an overview of recent advances in valve technology driven by reliability concerns and cost savings objectives without comprising safety in the Nuclear Power Industry. This overview is based on over 27 years of experience in supporting US and International nuclear power utilities, and contributing to EPRI, and NSSS Owners' Groups in developing generic models/methodologies to address industry wide issues; performing design basis reviews; and implementing plant-wide valve reliability improvement programs. Various analytical prediction software and hardware solutions and training seminars are now available to implement valve programs covering power plants' lifecycle from the construction phase through life extension and power up rate. These tools and methodologies can enhance valve-engineering activities including the selection, sizing, proper application, condition monitoring, failure analysis, and condition based maintenance optimization with a focus on potential bad actors. This paper offers two such examples, the Kalsi Valve and Actuator Program (KVAP) and Check Valve Analysis and Prioritization (CVAP) [1-3, 8, 9, 11-13]. The advanced, validated torque prediction models incorporated into KVAP software for AOVs and MOVs have improved reliability of margin predictions and enabled cost savings through elimination of unwarranted equipment modifications. CVAP models provides a basis to prioritize the population of valves recommended for preventive maintenance, inspection and/or modification, allowing

  19. From here to efficiency : time lags between the introduction of new technology and the achievement of fuel savings

    International Nuclear Information System (INIS)

    Mintz, M.; Vyas, A.; Wang, M.; Stodolsky, F.; Cuenca, R.; Gaines, L.

    1999-01-01

    In this paper, the energy savings of new technology offering significant improvements in fuel efficiency are tracked for over 20 years as vehicles incorporating that technology enter the fleet and replace conventional light-duty vehicles. Two separate analyses are discussed: a life-cycle analysis of aluminum-intensive vehicles and a fuel-cycle analysis of the energy and greenhouse gas emissions of double vs. triple fuel-economy vehicles. In both efforts, market-penetration modeling is used to simulate the rate at which new technology enters the new fleet, and stock-adjustment modeling is used to capture the inertia in turnover of new and existing current-technology vehicles. Together, these two effects--slowed market penetration and delayed vehicle replacement--increase the time lag between market introduction and the achievement of substantial energy savings. In both cases, 15-20 years elapse, before savings approach these levels

  20. Alternate wetting and drying (AWD) of paddy fields: A water-saving technology

    International Nuclear Information System (INIS)

    Salim, M.; Shehzad, F.D.

    2008-01-01

    Rice productivity in Pakistan is lower than in various rice-producing countries of the World. One of the major reasons of low productivity is the shortage of water. It is, therefore, imperative to increase water-use efficiency. Various studies in China and elsewhere have revealed that continuous flooding is not necessary for getting high yield of rice. In China, lot of effort has been made to develop water- saving rice-production technologies. The most important of these is alternate wetting and drying (AWD) of rice-fields, instead of keeping them continuously flooded or submerged. In the present article, salient advantages and disadvantages have been discussed. The advantages include less water-use for paddy-production, high paddy-productivity, and improvement in the environment, with enhanced efficiency of nutrient-use, better utilization of rainwater, less infestation/ population of insect pests. The technology may affect the grain-quality of Basmati rice in Pakistan. It is suggested that studies. on various aspects of the technology should be carried out, in various ecological zones and in different soil-types. The adoption of the technology may prove helpful to enhance rice-productivity and improve the rural economy in Pakistan. (author)

  1. Money Laundering

    DEFF Research Database (Denmark)

    Tsingou, Eleni

    2014-01-01

    This chapter provides an overview of the role of the European Union in the emergence, consolidation and development of the governance of money laundering. In particular, it identifies three sets of factors that explain the role of the European Union in the global Anti-Money Laundering (AML) regime...

  2. Young Money

    DEFF Research Database (Denmark)

    Roelsgaard Obling, Anne

    2015-01-01

    Book review of: Kevin Roose: "Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits". New York: Grand Central Publishing, 2014. 320 pp.......Book review of: Kevin Roose: "Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits". New York: Grand Central Publishing, 2014. 320 pp....

  3. "Money in Finance"

    OpenAIRE

    L. Randall Wray

    2011-01-01

    This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of financing spending. We next examine the role played by financial institutions (e.g., banks) in the provision of finance. The role of government as both regulator of private institutions and provider of finance is also discussed, and related topics such as liquidity and saving are explored. We conclude with a look at some of the new innovations in finance, and at the global financial...

  4. New technology and energy-saving equipment for production of composite materials

    Science.gov (United States)

    Romanovich, A. A.; Glagolev, S. N.; Babaevsky, A. N.

    2018-03-01

    The article considers industrial technology and energy-saving equipment for cement and composite binder production with a reduction in energy intensity of the process up to 50% due to the synergetic effect during mechanic activation of the raw mix with the replacement of part of the clinker component with the mineral hydro-active additive. The technological process is based on the sequential introduction of components in dispersed phases into the feed mixture in the grinding path and at the stage of product separation with certain dispersed characteristics. The increase in the energy efficiency of the line is achieved by the joint operation of the press roller aggregate, which is the development of BSTU named after V.G. Shoukhov, and rotor-vortex mills of a very fine grinding of a new design. The experienced design of the aggregate with the device for deagglomeration of the pressed tape allows combining the processes of grinding and disaggregation of the pressed material, thereby reducing the operating costs and increasing the efficiency of using the grinding unit. Comparative tests of cement samples obtained in energy-saving aggregates (PRA + RVM) are given which allowed establishing that their beam strength for compression and bending is higher by 15-20% than the traditional method obtained in a ball mill. An analytical expression is also given that allows one to determine the power consumed for the deagglomeration of crushed and pressed material between the main rolls, taking into account the geometric dimensions of the rolls and the physico-mechanical characteristics of the material.

  5. Preoperative ultrasound staging of the axilla make's peroperative examination of the sentinel node redundant in breast cancer: saving tissue, time and money.

    Science.gov (United States)

    Van Berckelaer, Christophe; Huizing, Manon; Van Goethem, Mireille; Vervaecke, Andrew; Papadimitriou, Konstantinos; Verslegers, Inge; Trinh, Bich X; Van Dam, Peter; Altintas, Sevilay; Van den Wyngaert, Tim; Huyghe, Ivan; Siozopoulou, Vasiliki; Tjalma, Wiebren A A

    2016-11-01

    To evaluate the role of preoperative axillary staging with ultrasound (US) and fine needle aspiration cytology (FNAC). Can we avoid intraoperative sentinel lymph node (SLN) examination, with an acceptable revision rate by preoperative staging? This study is based on the retrospective data of 336 patients that underwent US evaluation of the axilla as part of their staging. A FNAC biopsy was performed when abnormal lymph nodes were visualized. Patients with normal appearing nodes on US or a benign diagnostic biopsy had removal of the SLNs without intraoperative pathological examination. We calculated the sensitivity, specificity and accuracy of US/FNAC in predicting the necessity of an axillary lymphadenectomy. Subsequently we looked at the total cost and the operating time of 3 models. Model A is our study protocol. Model B is a theoretical protocol based on the findings of the Z0011 trial with only clinical preoperative staging and in Model C preoperative staging and intraoperative pathological examination were both theoretically done. sentinel node, staging, ultrasound, preoperative axillary staging, FNAC, axilla RESULTS: The sensitivity, specificity and accuracy are respectively 0.75 (0.66-0.82), 1.00 (0.99-1.00) and 0.92 (0.88-0.94). Only 26 out of 317 (8.2%) patients that successfully underwent staging needed a revision. The total cost of Model A was 1.58% cheaper than Model C and resulted in a decrease in operation time by 9,46%. The benefits compared with Model B were much smaller. Preoperative US/FNAC staging of the axillary lymph nodes can avoid intraoperative examination of the sentinel node with an acceptable revision rate. It saves tissue, reduces operating time and decreases healthcare costs in general. Copyright © 2016 Elsevier Ireland Ltd. All rights reserved.

  6. Saving lives, money and resources: drug and CABG/PCI use after myocardial infarction in a Swedish record-linkage study.

    Science.gov (United States)

    Wilhelmsen, Lars; Welin, Lennart; Odén, Anders; Björnberg, Arne

    2010-04-01

    Drug costs are increasing despite the introduction of cheaper generic drugs. The aim of the present study was to analyse the entire costs of hospital care, out-patient care, and the cost of drugs for 16 months following a myocardial infarction (MI) to see to what extent drug costs contribute to the overall costs of care. Diagnoses and costs for care as well as mortality data obtained from the Västra Götaland Region, Sweden, and drug costs from the Swedish Board of Health and Welfare, were merged in a computer file. Patients registered from 1 July 2005 to 30 June 2006 were followed from 28 days after an MI, with follow-up until 31 October 2006. Of 4,725 patients, 711 died before the start of the study and 721 during follow-up. Higher age [hazard ratio (HR, 95%CI) = 1.06 (1.05-1.07)], previous MI [HR = 1.31 (1.13-1.53)] and diabetes mellitus [HR = 1.34 (1.13-1.58)] were associated with increased mortality, which decreased with coronary interventions: CABG/PCI [HR = 0.19 (0.14-0.27)]. In a multivariable analysis, mortality was lower for patients taking simvastatin [HR = 0.62 (0.50-0.76)] and clopidogrel [HR = 0.58 (0.46-0.74)]. Costs for out-patient care accounted for 25% and drugs for 5% of total costs. If patients not treated with simvastatin or clopidogrel had received these drugs, an additional 154-306 lives might have been saved. Drug costs would be higher, but total costs lower. Thus, even expensive drugs may reduce overall costs.

  7. Explaining slow diffusion of energy-saving technologies. A vintage model with returns to diversity and learning-by-using

    International Nuclear Information System (INIS)

    Mulder, Peter; Hofkes, Marjan W.; De Groot, Henri L.F.

    2003-01-01

    This paper studies the adoption and diffusion of energy-saving technologies in a vintage model. An important characteristic of the model is that vintages are complementary: there are returns to diversity of using a mix of vintages. We analyse how diffusion patterns and adoption behaviour are affected by complementarity and learning-by-using. It is shown that the stronger the complementarity between different vintages and the stronger the learning-by-using, the longer it takes before firms scrap old vintages. We argue that this is a relevant part of the explanation for the observed slow diffusion of energy-saving technologies. Finally, we show that an energy price tax reduces energy consumption, because it speeds up the diffusion of new energy-saving technologies and induces substitution from capital to labour

  8. Explaining slow diffusion of energy-saving technologies. A vintage model with returns to diversity and learning-by-using

    Energy Technology Data Exchange (ETDEWEB)

    Mulder, Peter; Hofkes, Marjan W. [Institute for Environmental Studies, Vrije Universiteit, De Boelelaan 1087, 1081 HV Amsterdam (Netherlands); De Groot, Henri L.F. [Department of Spatial Economics and Tinbergen Institute, Vrije Universiteit, De Boelelaan 1105, 1081 HV Amsterdam (Netherlands)

    2003-02-01

    This paper studies the adoption and diffusion of energy-saving technologies in a vintage model. An important characteristic of the model is that vintages are complementary: there are returns to diversity of using a mix of vintages. We analyse how diffusion patterns and adoption behaviour are affected by complementarity and learning-by-using. It is shown that the stronger the complementarity between different vintages and the stronger the learning-by-using, the longer it takes before firms scrap old vintages. We argue that this is a relevant part of the explanation for the observed slow diffusion of energy-saving technologies. Finally, we show that an energy price tax reduces energy consumption, because it speeds up the diffusion of new energy-saving technologies and induces substitution from capital to labour.

  9. Real-time data collection technologies: Enhanced decision-making and cost savings January, 2005

    International Nuclear Information System (INIS)

    Rust, T.L.; Vu, H.Q.

    2006-01-01

    Hand-held computers, Geographic Information Systems (GIS), and wireless communication devices are rapidly replacing traditional methods for field monitoring and data collection. Although pencil and paper remain important means of data transcription, field technicians can now use Personal Digital Assistants (PDA) to record their field notes and monitoring data. As data are uploaded wirelessly from the field, decision-makers can view realtime reports and maps that identify sample locations and monitoring results. The combination of PDAs, wireless communications, and web-based GIS provides field personnel and decision-makers many benefits throughout the life cycle of a project, including improved data consistency, real-time transfer of data from field locations to centralized databases, input validation, elimination of transcription errors, and cost savings. Concerns have been expressed however, about investing in hardware, software, and training for a new technology. This paper, based on several years of experience using wireless technologies for dozens of projects, is focused specifically on two case studies. The first case study is a large lead removal site in the Midwest at which real-time data collection technologies were used throughout the project to collect thousands of data points. The second is the Hurricane Katrina/Rita emergency response requiring rapid data collection under extraordinary circumstances. At both sites, the use of real-time data collection technologies significantly improved the data management process which reduced overall costs and increased efficiency. These results could not have been achieved using traditional data collection procedures. The oral presentation will focus on the advantages and disadvantages of the real-time data collection technologies, lessons learned, and planning considerations. A live demonstration, following a typical data collection scenario in which data are collected and plotted on a GIS map in near real

  10. Smart Money

    DEFF Research Database (Denmark)

    Avital, Michel; Hedman, Jonas; Albinsson, Lars

    2017-01-01

    Legal tender in the form of coins and banknotes is expected to be replaced at one point in the future by digital legal tender. This transformation is an opportunity for central banks to rethink the idea of money and overhaul the prevailing payment systems. Digital legal tender is expected to reduce...... exchange instrument that relies on computer protocols to facilitate, verify, and enforce certain conditions for its appropriation as payment, e.g. who may use the money, where, and for what. If we believe that digital legal tender will become ubiquitous, then the emergence and diffusion of smart money...

  11. Competence formation of engineering directions students in the field of energy saving as a way to create new generation technologies

    Science.gov (United States)

    Gilmanshin, I. R.; Gilmanshina, S. I.

    2017-09-01

    The urgency of the formation of competence in the field of energy saving in the process of studying engineering and technical disciplines at the university is substantiated. The author’s definition of the competence in the field of energy saving is given, allowing to consider the necessity of its formation among students - future engineers as a way to create technologies of a new generation. The essence of this competence is revealed. The system of work, pedagogical conditions and technologies of its formation in the conditions of the federal university is substantiated.

  12. Money laundering

    OpenAIRE

    Kratochvílová, Eliška

    2012-01-01

    Money laundering is marginalized phenomenon with high social impact which comes from necessary connection of this activity with illegal activities, especially organized crime. Since the goal of almost every illegal activity is to create profit (and since the biggest profit comes from the activities which are highly dangerous for the society, such as drug trafficking) it is vital for the society to fight money laundering effectively. It is in the best interest of the whole society to fight thi...

  13. Payment Technology Adoption by SMEs : Experimental Evidence from Kenya's Mobile Money

    NARCIS (Netherlands)

    Dalton, Patricio; Pamuk, Haki; van Soest, Daan; Ramrattan, R.; Uras, Burak

    This paper reports the results from a field experiment conducted in Kenya to investigate the adoption determinants of a profitable financial technology by small and medium sized enterprizes (SMEs). We offered a randomly selected sample of restaurants and pharmacies the possibility to sign up, on

  14. Making Money from Making Money

    OpenAIRE

    Macfarlane, Laurie; Ryan-Collins, Josh; Bjerg, Ole; Nielsen, Rasmus; McCann, Duncan

    2017-01-01

    Who has control over the supply of new money and what benefits does it bring? There is now widespread acceptance that in modern economies, commercial banks, rather than the central bank or state, create the majority of the money supply. This report examines ‘seigniorage’ – the profits that are generated through the creation of money. We show that in the UK, commercial bank seigniorage profits amount to a hidden annual subsidy of £23 billion, representing 73% of banks’ profits after prov...

  15. Making Money from Making Money

    DEFF Research Database (Denmark)

    Macfarlane, Laurie; Ryan-Collins, Josh; Bjerg, Ole

    Who has control over the supply of new money and what benefits does it bring? There is now widespread acceptance that in modern economies, commercial banks, rather than the central bank or state, create the majority of the money supply. This report examines ‘seigniorage’ – the profits...... that are generated through the creation of money. We show that in the UK, commercial bank seigniorage profits amount to a hidden annual subsidy of £23 billion, representing 73% of banks’ profits after provisions and taxes....

  16. Barriers to Investment in Energy-Saving Technologies in Small Firms: The Energy-Efficiency Paradox Revisited

    NARCIS (Netherlands)

    Koetse, M.J.; de Groot, H.L.F.; Nijkamp, P.

    2008-01-01

    Despite the fact that energy-saving technologies are considered profitable using standard net-present-value calculations, their adoption rates have been low, particularly in small firms. This study reviews the theoretical and empirical literature that explains this phenomenon, generally known as the

  17. Developing Information on Energy Savings and Associated Costs and Benefits of Energy Efficient Emerging Technologies Applicable in California

    Energy Technology Data Exchange (ETDEWEB)

    Xu, Tengfang; Slaa, Jan Willem; Sathaye, Jayant

    2010-12-15

    Implementation and adoption of efficient end-use technologies have proven to be one of the key measures for reducing greenhouse gas (GHG) emissions throughout the industries. In many cases, implementing energy efficiency measures is among one of the most cost effective investments that the industry could make in improving efficiency and productivity while reducing carbon dioxide (CO2) emissions. Over the years, there have been incentives to use resources and energy in a cleaner and more efficient way to create industries that are sustainable and more productive. With the working of energy programs and policies on GHG inventory and regulation, understanding and managing the costs associated with mitigation measures for GHG reductions is very important for the industry and policy makers around the world and in California. Successful implementation of applicable emerging technologies not only may help advance productivities, improve environmental impacts, or enhance industrial competitiveness, but also can play a significant role in climate-mitigation efforts by saving energy and reducing the associated GHG emissions. Developing new information on costs and savings benefits of energy efficient emerging technologies applicable in California market is important for policy makers as well as the industries. Therefore, provision of timely evaluation and estimation of the costs and energy savings potential of emerging technologies applicable to California is the focus of this report. The overall goal of the project is to identify and select a set of emerging and under-utilized energy-efficient technologies and practices as they are important to reduce energy consumption in industry while maintaining economic growth. Specifically, this report contains the results from performing Task 3 Technology Characterization for California Industries for the project titled Research Opportunities in Emerging and Under-Utilized Energy-Efficient Industrial Technologies, sponsored by

  18. Energy Saving Melting and Revert Reduction Technology (E-SMARRT): Mechanical Performance of Dies

    Energy Technology Data Exchange (ETDEWEB)

    R. Allen Miller, Principal Investigator; Kabiri-Bamoradian, Contributors: Khalil; Delgado-Garza, Abelardo; Murugesan, Karthik; Ragab, Adham

    2011-09-13

    provided to NADCA for distribution to the industry. Power law based meta-models for predicting machine tie bar loading and for predicting maximum parting surface separation were successfully developed and tested against simulation results for a wide range of machines and experimental data. The models proved to be remarkably accurate, certainly well within the requirements for practical application. In addition to making die structural modeling more accessible, the work advanced the state-of-the-art by developing improved modeling of cavity pressure effects, which is typically modeled as a hydrostatic boundary condition, and performing a systematic analysis of the influence of ejector die design variables on die deflection and parting plane separation. This cavity pressure modeling objective met with less than complete success due to the limits of current finite element based fluid structure interaction analysis methods, but an improved representation of the casting/die interface was accomplished using a combination of solid and shell elements in the finite element model. This approximation enabled good prediction of final part distortion verified with a comprehensive evaluation of the dimensions of test castings produced with a design experiment. An extra deliverable of the experimental work was development of high temperature mechanical properties for the A380 die casting alloy. The ejector side design objective was met and the results were incorporated into the metamodels described above. This new technology was predicted to result in an average energy savings of 2.03 trillion BTU's/year over a 10 year period. Current (2011) annual energy saving estimates over a ten year period, based on commercial introduction in 2009, a market penetration of 70% by 2014 is 4.26 trillion BTU's/year by 2019. Along with these energy savings, reduction of scrap and improvement in casting yield will result in a reduction of the environmental emissions associated with the melting

  19. Gloves Reprocessing: Does It Really Save Money?

    Science.gov (United States)

    Arora, Pankaj; Kumari, Santosh; Sodhi, Jitender; Talati, Shweta; Gupta, Anil Kumar

    2015-12-01

    Gloves are reprocessed and reused in health-care facilities in resource-limited settings to reduce the cost of availability of gloves. The study was done with the aim to compute the cost of reprocessing of gloves so that an economically rationale decision can be taken. A retrospective record-based cross-sectional study was undertaken in a central sterile supply department where different steps during reprocessing of gloves were identified and the cost involved in reprocessing per pair of gloves was calculated. The cost of material and manpower was calculated to arrive at the cost of reprocessing per pair of gloves. The cost of a reprocessed pair of surgical gloves was calculated to be Indian Rupee (INR) 14.33 which was greater than the cost of a new pair of disposable surgical gloves (INR 9.90) as the cost of sterilization of one pair of gloves itself came out to  be INR 10.97. The current study showed that the purchase of sterile disposable single-use gloves is cheaper than the process of recycling. Reprocessing of gloves is not economical on tangible terms even in resource-limited settings, and from the perspective of better infection control as well as health-care worker safety, it further justifies the use of disposable gloves.

  20. "We Can Deliver More and Save Money"

    Science.gov (United States)

    Hayes, John

    2010-01-01

    This article discusses the UK government's consultations on skills policy and further education funding. Adult learning has, throughout the years, been subject to endless strategies and proposed plans--but none of these has fully realised its potential. There are two contrasting attitudes to the outlook for further education and, indeed, the…

  1. Build your own simulator; save money

    International Nuclear Information System (INIS)

    Petrosky, T.D.

    1992-01-01

    Faced with a situation that could cost the company millions of dollars, and even threaten the continued operation of one of its nuclear power stations, officials at Consumers Power Company's Big Rock Point plant in the US came to a unique conclusion: that they would construct their own reactor simulator - something that has never been done in the industry before. (author)

  2. Million Dollar Busing: Saving Money through Privatization

    Science.gov (United States)

    Crates, Cheryl

    2009-01-01

    The economic crisis has had--and will continue to have--a dramatic effect on tax revenue and education spending throughout the United States and beyond. Yet children still show up for school every day in need of an education. In times like these, educators and school business managers must be as committed as ever to providing it. The economic…

  3. Enhancing discovery and saving money with MERIT.

    Science.gov (United States)

    Epstein, Jonathan A

    2011-04-01

    The National Institutes of Health and many of our biomedical institutions face significant budgetary challenges that are likely to persist for the foreseeable future. The paylines for Research Project Grant (RO1) applications to the NIH will be near or below the tenth percentile, and many investigators are growing increasingly concerned about maintaining their research programs. One of the most concerning potential results of limited grant dollars is the natural tendency for researchers to propose conservative projects that are more likely to succeed, to do well in peer review, and to be funded, but that may not dramatically advance the field, and a concurrent tendency among study sections to reward proposals that are seen as safe, if uninspiring. Established and well-respected investigators may be (perhaps appropriately) given the benefit of the doubt when compared with less-established colleagues and may therefore command a growing percentage of the total available grant dollars, while simultaneously avoiding bold and potentially groundbreaking approaches. At the same time, fewer dollars are available for new investigators with unproven track records and for the expansion of newly successful programs.

  4. Environmental economics: Saving lives, money, and ecosystems ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2010-10-07

    Oct 7, 2010 ... Environmental economics gives developing countries a unique tool to make ... provides decision-makers facing tough economic and environmental choices with vital ... Emerging economies a new force in international giving.

  5. Saving money through employee motivation and participation

    Energy Technology Data Exchange (ETDEWEB)

    1977-01-01

    Participation by employees at an industrial plant in an energy conserving program is important. People motivation - the key to a successful energy conservation program - is discussed. The following topics are discussed: support from the top, building a dynamic team, motivating through measurement, involving all employees, and making conservation second nature.

  6. How to Save Money on Infant Formula

    Science.gov (United States)

    ... for newsletters, special programs, and deals on formula company websites. They often send out coupons and free ... M. is also a founding member of Hi-Ethics and subscribes to the principles of the Health ...

  7. Leak Detectives Saving Money, Water in Virginia

    Science.gov (United States)

    “Circuit riders” from the Virginia Rural Water Association (VRWA) are traveling to small communities across the Commonwealth using special equipment financed by EPA to locate expensive and wasteful leaks in drinking water distribution systems.

  8. Do Joint Fighter Programs Save Money?

    Science.gov (United States)

    2013-01-01

    Reports & Bookstore Make a charitable contribution Limited Electronic Distribution Rights This document and trademark(s) contained herein are protected by...reflect the opinions of its research clients and sponsors. Support RAND—make a tax-deductible charitable contribution at www.rand.org/giving...Ahn, Sanghoon, Competition, Innovation and Productivity Growth: A Review of Theory and Evidence, Paris: Organisation for Economic Co-Operation and

  9. Insulating Foams Save Money, Increase Safety

    Science.gov (United States)

    2009-01-01

    Scientists at Langley Research Center created polyimide foam insulation for reusable cryogenic propellant tanks on the space shuttle. Meanwhile, a small Hialeah, Florida-based business, PolyuMAC Inc., was looking for advanced foams to use in the customized manufacturing of acoustical and thermal insulation. The company contacted NASA, licensed the material, and then the original inventors worked with the company's engineers to make a new material that was better for both parties. The new version, a high performance, flame retardant, flexible polyimide foam, is used for insulating NASA cryogenic propellant tanks and shows promise for use on watercraft, aircraft, spacecraft, electronics and electrical products, automobiles and automotive products, recreation equipment, and building and construction materials.

  10. The power of the age standardized incidence rate to discover the gene link between cancer diseases: development of a new epidemiological method to save money, time, and effort for genetic scientists.

    Science.gov (United States)

    Alghamdi, Ibrahim G; Hussain, Issam I; Alghamdi, Mohamed S; El-Sheemy, Mohammed A

    2015-01-01

    This study provides an incipient epidemiological rule using the concept of direct method of standardization to determine the genetic link between cancer diseases. The overall 8 or 10 years age standardized incidence rate (ASIR) for both cancer diseases, for example (A) and (B) should be calculated for all regions of the country. A line chart should be used to display the overall ASIR trend of both diseases (A and B). Pearson's correlation can be used to determine the strength of the association between the overall ASIRs of both diseases. The overlap or opposite direction of the overall ASIR trend of both diseases (A and B) should be determined and studied for possible associations between cancer diseases. If the trend of the overall 8 or 10 years ASIR of a disease (A) follows that of disease (B) in all regions of the country, then the genes of patients with both diseases (A and B) will be highly homogeneous, and they should be studied in the region with the highest and lowest overall ASIR for both diseases (A and B). In addition, if there is an opposite direction or overlapping trend for both diseases (A and B) in certain regions of the country or among specific groups of people with the same demographic characteristics, then the genes of patients will be investigated for both diseases to identify the potential gene link between cancer diseases. This study revealed that the overall ASIR trends of female breast cancer, prostate cancer, and ovarian cancer are very similar in all regions of Saudi Arabia and England. Our epidemiological evidence helps to save money, time, and effort for testing the potential gene link between cancer diseases.

  11. The power of the age standardized incidence rate to discover the gene link between cancer diseases: development of a new epidemiological method to save money, time, and effort for genetic scientists

    Science.gov (United States)

    Alghamdi, Ibrahim G; Hussain, Issam I; Alghamdi, Mohamed S; El-Sheemy, Mohammed A

    2015-01-01

    Background This study provides an incipient epidemiological rule using the concept of direct method of standardization to determine the genetic link between cancer diseases. Methods The overall 8 or 10 years age standardized incidence rate (ASIR) for both cancer diseases, for example (A) and (B) should be calculated for all regions of the country. A line chart should be used to display the overall ASIR trend of both diseases (A and B). Pearson’s correlation can be used to determine the strength of the association between the overall ASIRs of both diseases. The overlap or opposite direction of the overall ASIR trend of both diseases (A and B) should be determined and studied for possible associations between cancer diseases. Results If the trend of the overall 8 or 10 years ASIR of a disease (A) follows that of disease (B) in all regions of the country, then the genes of patients with both diseases (A and B) will be highly homogeneous, and they should be studied in the region with the highest and lowest overall ASIR for both diseases (A and B). In addition, if there is an opposite direction or overlapping trend for both diseases (A and B) in certain regions of the country or among specific groups of people with the same demographic characteristics, then the genes of patients will be investigated for both diseases to identify the potential gene link between cancer diseases. Conclusion This study revealed that the overall ASIR trends of female breast cancer, prostate cancer, and ovarian cancer are very similar in all regions of Saudi Arabia and England. Our epidemiological evidence helps to save money, time, and effort for testing the potential gene link between cancer diseases. PMID:25878508

  12. Fuel and power resources based on energy-saving technologies and technical means in agriculture

    Directory of Open Access Journals (Sweden)

    A. V. Tikhomirov

    2015-01-01

    Full Text Available The state and efficiency of the use of the energy supply systems in agriculture were analyzed. It is demonstrated that grids and power equipment deterioration exceeds 30 percent, and fuel volume-efficiency ratio is not more than 35 percent in this sector. A considerable part of the country territory (mainly the northern one does not have centralized power supply. Decentralized cogeneration systems with extensive use of renewable energy sources and local energy recourses are highly efficient for this part. A necessity of development of methodology and recommendations for the selection of efficient systems and technical means of power supply to agricultural enterprises was substantiated with due consideration of their location, load intensity and distance from centralized grids. The most important indication of energy efficiency is energy intensity of products and energy inputs share in the production cost. Reserves for energy saving including the development of energy-efficient technologies and technical means, some of which have already been developed (equipment for lighting, microclimate, primary treatment and storage of products, disinfection or are at the completion stage were presented. Their implementation in agricultural production will make it possible to raise considerably the efficiency of the use of fuel and power resources and to reduce energy consumption. The conditions in which the use of decentralized power supply systems is most efficient were educed. The characteristics of related equipment and the specifics of its use at agricultural enterprises are described. The proposal and priority actions for the development and upgrading of power supply systems for agriculture have been elaborated.

  13. Specifics of energy-saving technologies in electrical power supply systems of operating industrial enterprises

    OpenAIRE

    Кирисов, Игорь Геннадиевич; Овчаренко, Татьяна Ивановна

    2014-01-01

    В статье рассмотрены особенности разных энергосберегающих технологий, которые можно применить в системах электроснабжения промышленных предприятий. Проведены расчеты, подтверждающие целесообразность замены недозагруженных асинхронных двигателей на двигатели меньшей мощности. The paper deals with the speci cs of different energy-saving technologies that can be applied in electrical power supply systems of industrial enterprises. The paper presents calculations that corroborate ...

  14. Development of energy-saving technologies providing comfortable microclimate conditions for mining

    Directory of Open Access Journals (Sweden)

    Б. П. Казаков

    2017-03-01

    Full Text Available The paper contains analysis of natural and technogenic factors influencing properties of mine atmosphere, defining level of mining safety and probability of emergencies. Main trends in development of energy-saving technologies providing comfortable microclimate conditions are highlighted. A complex of methods and mathematical models has been developed to carry out aerologic and thermophysical calculations. Main ways of improvement for existing calculation methods of stationary and non-stationary air distribution have been defined: use of ejection draught sources to organize recirculation ventilation; accounting of depression losses at working intersections; inertance impact of  air streams and mined-out spaces for modeling transitory emergency scenarios. Based on the calculation algorithm of airflow rate distribution in the mine network, processing method has been developed for the results of air-depressive surveys under conditions of data shortage. Processes of dust transfer have been modeled in view of its coagulation and settlement, as well as interaction with water drops in case of wet dust prevention. A method to calculate intensity of water evaporation and condensation has been suggested, which allows to forecast time, duration and quantity of precipitation and its migration inside the mine during winter season. Solving the problem of heat exchange between mine airflow and timbering of the ventilation shaft in a conjugation formulation permits to estimate depression value of natural draught and conditions of convective balance between air streams. Normalization of microclimatic parameters for mine atmosphere is forecasted for the use of heat-exchange units either heating or cooling and dehumidifying ventilation air. Algorithms are presented that permit to minimize ventilation energy demands at the stages of mine design and exploitation.

  15. Sign Up for Savings.

    Science.gov (United States)

    Kennedy, Mike

    2002-01-01

    Discusses performance service contracts between educational facilities and energy services companies, in which the company provides the money for energy-efficiency improvements and the school pays the company an annual fee. The company guarantees the savings will meet or exceed the fee. (EV)

  16. Endogenous Money Supply and Money Demand

    OpenAIRE

    Woon Gyu Choi; Seonghwan Oh

    2000-01-01

    This paper explores the behavior of money demand by explicitly accounting for the money supply endogeneity arising from endogenous monetary policy and financial innovations. Our theoretical analysis indicates that money supply factors matter in the money demand function when the money supply partially responds to money demand. Our empirical results with U.S. data provide strong evidence for the relevance of the policy stance to the demand for MI under a regime in which monetary policy is subs...

  17. Use of passive solar architecture design in energy saving, Morena tourist village

    Energy Technology Data Exchange (ETDEWEB)

    Mina, M.B.

    1993-12-31

    This document deals with energy saving in buildings,more precisely in the Morena tourist village. The concept of passive solar technology is developed in villas. The first prototype enabled to have measurements of temperatures and thermal graphs. A comparison between the initial architectural design and this prototype shows the efficiency of the use of passive solar energy (energy and money saving). (TEC). 5 figs., 1 tab.

  18. Use of passive solar architecture design in energy saving, Morena tourist village

    Energy Technology Data Exchange (ETDEWEB)

    Mina, M B

    1994-12-31

    This document deals with energy saving in buildings,more precisely in the Morena tourist village. The concept of passive solar technology is developed in villas. The first prototype enabled to have measurements of temperatures and thermal graphs. A comparison between the initial architectural design and this prototype shows the efficiency of the use of passive solar energy (energy and money saving). (TEC). 5 figs., 1 tab.

  19. Application of Waste Heat Recovery Energy Saving Technology in Reform of UHP-EAF

    Science.gov (United States)

    Zhao, J. H.; Zhang, S. X.; Yang, W.; Yu, T.

    2017-08-01

    The furnace waste heat of a company’s existing 4 × 100t ultra-high-power electric arc furnaces is not used and discharged directly of the situation has been unable to meet the national energy-saving emission reduction requirements, and also affected their own competitiveness and sustainable development. In order to make full use of the waste heat of the electric arc furnace, this paper presents an the energy-saving transformation program of using the new heat pipe boiler on the existing ultra-high-power electric arc furnaces for recovering the waste heat of flue gas. The results show that after the implementation of the project can save energy equivalent to 42,349 tons of standard coal. The flue gas waste heat is fully utilized and dust emission concentration is accorded with the standard of Chinese invironmental protection, which have achieved good results.

  20. Rural Women, Money and Financial Service.

    Science.gov (United States)

    Jiggins, Janice

    1985-01-01

    The author points out the multifaceted aspects of the problems associated with rural women's need for money and financial services and outlines innovative schemes in this area such as the bank for the landless in Bangladesh, a savings and loan cooperative for market women in Nicaragua, and a savings development movement in Zimbabwe. (CT)

  1. The Dual Role of Money and Optimal Financial Taxes

    NARCIS (Netherlands)

    Huizinga, H.P.

    1996-01-01

    This paper reconsiders the optimal taxation of money and other financial assets.The optimal tax formulae reflect that money provides liquidity services and is a saving vehicle.In fact, it is useful to reformulate the optimal tax problem to allow for separate taxes on the liquidity and saving

  2. The power of the age standardized incidence rate to discover the gene link between cancer diseases: development of a new epidemiological method to save money, time, and effort for genetic scientists

    Directory of Open Access Journals (Sweden)

    Alghamdi IG

    2015-03-01

    . Our epidemiological evidence helps to save money, time, and effort for testing the potential gene link between cancer diseases. Keywords: epidemiology, medical statistics, direct standardization, England, Saudi Arabia

  3. Ageing, property prices and money demand

    OpenAIRE

    Kiyohiko Nishimura; Elod Takáts

    2012-01-01

    When the baby boomers joined the workforce and started saving, money supply and property prices entered a rising trajectory. We conclude that demography was the long-run driver of this process, basing our argument on data from 22 advanced economies for the 1950-2010 period. According to our lifecycle model, large working-age populations saved for their old age by investing in property and broad money instruments, such as deposits. In the past, savings activity by baby boomers drove up propert...

  4. Feeding your piggy bank with intentions : A study on saving behaviour, saving strategies, and happiness

    NARCIS (Netherlands)

    De Francisco Vela, S.; Desmet, P.M.A.; Casais, M.

    2014-01-01

    The act of saving money can connect one’s present state to a meaningful future state, especially if we consider money not as a direct source of happiness, but as a resource for engaging in meaningful activities. To explore how design can contribute to making the act of saving more meaningful, we

  5. Importance of the validation of saving technologies of electric power; Importancia de la validacion de tecnologias ahorradoras de energia electrica

    Energy Technology Data Exchange (ETDEWEB)

    Valer Negrete, Adrian [Programa de Ahorro de Energia del Sector Electrico (PAESE), Comision Federal de Electricidad (Mexico)

    2003-07-01

    Within the Programs of Energy Saving it is fundamental the search and application of new technologies, with which this saving can be obtained, selected with base in their technical characteristics that allow to reduce to the consumptions and demands of power, without damaging the electric networks nor the transformers of the Comision Federal de Electricidad. It is important that the investments which are made count on attractive periods of capital recovery, in comparison with the useful life of the product, reason why the knowledge and price of the new technologies will be parameters to consider in an important manner, creating the need of conducting tests that verify the veracity of the information of the supplier, resulting in certain cases, the change of design of these technologies, so that thus they fulfill the engaged characteristics. This paper indicates the characteristics that the new saving technologies of electrical energy must fulfill and the tests and parameters to consider their evaluation. [Spanish] Dentro de los Programas de Ahorro de Energia es fundamental la busqueda y aplicacion de nuevas tecnologias, con las que se pueda obtener dicho ahorro, seleccionadas con base en sus caracteristicas tecnicas que permitan reducir los consumos y demandas de potencia, sin danar las redes ni transformadores de la Comision Federal de Electricidad. Es importante que las inversiones que se realicen cuenten con periodos de recuperacion de capital atractivos, comparados con la vida util del producto, por lo que el conocimiento y precio de las nuevas tecnologias seran parametros a considerar de manera importante, creandose la necesidad de realizar pruebas que verifiquen la veracidad de la informacion del proveedor, resultando en determinados casos, el cambio de diseno de dichas tecnologias, para que asi cumplan las caracteristicas prometidas. Este trabajo indica las caracteristicas que deben cumplir las nuevas tecnologias ahorradoras de energia electrica y las

  6. Technical Support Document: 50% Energy Savings Design Technology Packages for Medium Office Buildings

    Energy Technology Data Exchange (ETDEWEB)

    Thornton, Brian A.; Wang, Weimin; Lane, Michael D.; Rosenberg, Michael I.; Liu, Bing

    2009-09-01

    This Technical Support Document (TSD) describes the process and methodology for development of the Advanced Energy Design Guide for Medium Offices (AEDG-MO or the Guide), a design guidance document which intends to provide recommendations for achieving 50% energy savings in medium office buildings that just meet the requirements of ANSI/ASHRAE/IESNA Standard 90.1-2004, Energy Standard for Buildings Except Low-Rise Residential Buildings.

  7. Technologies for high performance and energy saving in room air conditioners. Shoenegata kokoritsu eakon ni tsuite

    Energy Technology Data Exchange (ETDEWEB)

    Kawai, N. (Toshiba Corp., Tokyo (Japan))

    1994-05-31

    An energy saving inverter type air-conditioner was introduced. It is important to increase the efficiency in the low capacity zone below the rated capacity to realize the energy saving. For the reduction of peak, improving the efficiency in the high capacity operation is also necessary. The power consumption in compressor and in inverter is about 90 % of the total power consumption in air-conditioner. The other 10 % are distributed to the fan motor and the control unit. For achieving the energy saving, the reduction of this 10 % part is also necessary because this 10 % part is constant regardless of the capacity of air-conditioner. The compressor motor was modified to the brushless DC motor with rotor position detecting device to improve the rotor structure and the position detection system. The heat exchanger was changed to a room heat exchanger with slit pattern. For the outdoor heat exchanger, the complex curvature blade fan was adopted. The control system of air-conditioner was changed. The PMV was previously learned and input in the microcomputer to calculate the data. Resultantly, the power consumption was reduced by about 20 % as compared with the conventional air-conditioner. 10 figs., 1 tab.

  8. Energy Saving Melting and Revert Reduction Technology: Aging of Graphitic Cast Irons and Machinability

    Energy Technology Data Exchange (ETDEWEB)

    Richards, Von L. [Advanced Technology Inst., Virginia Beach, VA (United States)

    2012-09-19

    The objective of this task was to determine whether ductile iron and compacted graphite iron exhibit age strengthening to a statistically significant extent. Further, this effort identified the mechanism by which gray iron age strengthens and the mechanism by which age-strengthening improves the machinability of gray cast iron. These results were then used to determine whether age strengthening improves the machinability of ductile iron and compacted graphite iron alloys in order to develop a predictive model of alloy factor effects on age strengthening. The results of this work will lead to reduced section sizes, and corresponding weight and energy savings. Improved machinability will reduce scrap and enhance casting marketability. Technical Conclusions: Age strengthening was demonstrated to occur in gray iron ductile iron and compacted graphite iron. Machinability was demonstrated to be improved by age strengthening when free ferrite was present in the microstructure, but not in a fully pearlitic microstructure. Age strengthening only occurs when there is residual nitrogen in solid solution in the Ferrite, whether the ferrite is free ferrite or the ferrite lamellae within pearlite. Age strengthening can be accelerated by Mn at about 0.5% in excess of the Mn/S balance Estimated energy savings over ten years is 13.05 trillion BTU, based primarily on yield improvement and size reduction of castings for equivalent service. Also it is estimated that the heavy truck end use of lighter castings for equivalent service requirement will result in a diesel fuel energy savings of 131 trillion BTU over ten years.

  9. An Apology for Money

    OpenAIRE

    Svozil, Karl

    2008-01-01

    This review is about the convenience, the benefits, as well as the destructive capacities of money. It deals with various aspects of money creation, with its value, and its appropriation. All sorts of money tend to get corrupted by eventually creating too much of them. In the long run, this renders money worthless and deprives people holding it. This misuse of money creation is inevitable and should come as no surprise. Abusive money creation comes in various forms. In the present fiat money ...

  10. 31 CFR 359.35 - May I purchase definitive Series I savings bonds through a payroll savings plan?

    Science.gov (United States)

    2010-07-01

    ... savings bonds through a payroll savings plan? 359.35 Section 359.35 Money and Finance: Treasury... May I purchase definitive Series I savings bonds through a payroll savings plan? You may purchase definitive bonds through deductions from your pay if your employer maintains a payroll savings plan. An...

  11. 31 CFR 351.47 - May I purchase definitive Series EE savings bonds through a payroll savings plan?

    Science.gov (United States)

    2010-07-01

    ... savings bonds through a payroll savings plan? 351.47 Section 351.47 Money and Finance: Treasury....47 May I purchase definitive Series EE savings bonds through a payroll savings plan? You may purchase... maintains a payroll savings plan. An authorized issuing agent must issue the bonds. ...

  12. CHARACTERIZING COSTS, SAVINGS AND BENEFITS OF A SELECTION OF ENERGY EFFICIENT EMERGING TECHNOLOGIES IN THE UNITED STATES

    Energy Technology Data Exchange (ETDEWEB)

    Xu, T.; Slaa, J.W.; Sathaye, J.

    2010-12-15

    Implementation and adoption of efficient end-use technologies have proven to be one of the key measures for reducing greenhouse gas (GHG) emissions throughout the industries. In many cases, implementing energy efficiency measures is among one of the most cost effective investments that the industry could make in improving efficiency and productivity while reducing CO2 emissions. Over the years, there have been incentives to use resources and energy in a cleaner and more efficient way to create industries that are sustainable and more productive. With the working of energy programs and policies on GHG inventory and regulation, understanding and managing the costs associated with mitigation measures for GHG reductions is very important for the industry and policy makers around the world. Successful implementation of emerging technologies not only can help advance productivities and competitiveness but also can play a significant role in mitigation efforts by saving energy. Providing evaluation and estimation of the costs and energy savings potential of emerging technologies is the focus of our work in this project. The overall goal of the project is to identify and select emerging and under-utilized energy-efficient technologies and practices as they are important to reduce energy consumption in industry while maintaining economic growth. This report contains the results from performing Task 2"Technology evaluation" for the project titled"Research Opportunities in Emerging and Under-Utilized Energy-Efficient Industrial Technologies," which was sponsored by California Energy Commission and managed by CIEE. The project purpose is to analyze market status, market potential, and economic viability of selected technologies applicable to the U.S. In this report, LBNL first performed re-assessments of all of the 33 emerging energy-efficient industrial technologies, including re-evaluation of the 26 technologies that were previously identified by Martin et al. (2000) and

  13. RCRA Part B permit modifications for cost savings and increased flexibility at the Rocky Flats Environmental Technology Site

    International Nuclear Information System (INIS)

    Jierree, C.; Ticknor, K.

    1996-10-01

    With shrinking budgets and downsizing, a need for streamlined compliance initiatives became evident at the Rocky Flats Environmental Technology Site (RFETS). Therefore, Rocky Mountain Remediation Services (RMRS) at the RFETS successfully and quickly modified the RFETS RCRA Part B Permit to obtain significant cost savings and increased flexibility. This 'was accomplished by requesting operations personnel to suggest changes to the Part B Permit which did not diminish overall compliance and which would be most. cost beneficial. The U.S. Department of Energy (DOE) subsequently obtained approval of those changes from the Colorado Department of Public Health and the Environment (CDPHE)

  14. Advanced Melting Technologies: Energy Saving Concepts and Opportunities for the Metal Casting Industry

    Energy Technology Data Exchange (ETDEWEB)

    none,

    2005-11-01

    The study examines current and emerging melting technologies and discusses their technical barriers to scale-up issues and research needed to advance these technologies, improving melting efficiency, lowering metal transfer heat loss, and reducing scrap.

  15. Solar thermal technology development: Estimated market size and energy cost savings. Volume 2: Assumptions, methodology and results

    Science.gov (United States)

    Gates, W. R.

    1983-02-01

    Estimated future energy cost savings associated with the development of cost-competitive solar thermal technologies (STT) are discussed. Analysis is restricted to STT in electric applications for 16 high-insolation/high-energy-price states. Three fuel price scenarios and three 1990 STT system costs are considered, reflecting uncertainty over future fuel prices and STT cost projections. Solar thermal technology research and development (R&D) is found to be unacceptably risky for private industry in the absence of federal support. Energy cost savings were projected to range from $0 to $10 billion (1990 values in 1981 dollars), depending on the system cost and fuel price scenario. Normal R&D investment risks are accentuated because the Organization of Petroleum Exporting Countries (OPEC) cartel can artificially manipulate oil prices and undercut growth of alternative energy sources. Federal participation in STT R&D to help capture the potential benefits of developing cost-competitive STT was found to be in the national interest. Analysis is also provided regarding two federal incentives currently in use: The Federal Business Energy Tax Credit and direct R&D funding.

  16. Solar thermal technology development: Estimated market size and energy cost savings. Volume 2: Assumptions, methodology and results

    Science.gov (United States)

    Gates, W. R.

    1983-01-01

    Estimated future energy cost savings associated with the development of cost-competitive solar thermal technologies (STT) are discussed. Analysis is restricted to STT in electric applications for 16 high-insolation/high-energy-price states. Three fuel price scenarios and three 1990 STT system costs are considered, reflecting uncertainty over future fuel prices and STT cost projections. Solar thermal technology research and development (R&D) is found to be unacceptably risky for private industry in the absence of federal support. Energy cost savings were projected to range from $0 to $10 billion (1990 values in 1981 dollars), depending on the system cost and fuel price scenario. Normal R&D investment risks are accentuated because the Organization of Petroleum Exporting Countries (OPEC) cartel can artificially manipulate oil prices and undercut growth of alternative energy sources. Federal participation in STT R&D to help capture the potential benefits of developing cost-competitive STT was found to be in the national interest. Analysis is also provided regarding two federal incentives currently in use: The Federal Business Energy Tax Credit and direct R&D funding.

  17. Money Demand in Latvia

    OpenAIRE

    Ivars Tillers

    2004-01-01

    The econometric analysis of the demand for broad money in Latvia suggests a stable relationship of money demand. The analysis of parameter exogeneity indicates that the equilibrium adjustment is driven solely by the changes in the amount of money. The demand for money in Latvia is characterised by relatively high income elasticity typical for the economy in a monetary expansion phase. Due to stability, close fit of the money demand function and rapid equilibrium adjustment, broad money aggreg...

  18. Energy Saving Melting and Revert Reduction Technology: Improved Die Casting Process to Preserve the Life of the Inserts

    Energy Technology Data Exchange (ETDEWEB)

    David Schwam, PI; Xuejun Zhu, Sr. Research Associate

    2012-09-30

    lubricants and technical support. Experiments conducted with these lubricants demonstrated good protection of the substrate steel. Graphite and boron nitride used as benchmarks are capable of completely eliminating soldering and washout. However, because of cost and environmental considerations these materials are not widely used in industry. The best water-based die lubricants evaluated in this program were capable of providing similar protection from soldering and washout. In addition to improved part quality and higher production rates, improving die casting processes to preserve the life of the inserts will result in energy savings and a reduction in environmental wastes. Improving die life by means of optimized cooling line placement, baffles and bubblers in the die will allow for reduced die temperatures during processing, saving energy associated with production. The utilization of optimized die lubricants will also reduce heat requirements in addition to reducing waste associated with soldering and washout. This new technology was predicted to result in an average energy savings of 1.1 trillion BTU's/year over a 10 year period. Current (2012) annual energy saving estimates, based on commercial introduction in 2010, a market penetration of 70% by 2020 is 1.26 trillion BTU's/year. Along with these energy savings, reduction of scrap and improvement in casting yield will result in a reduction of the environmental emissions associated with the melting and pouring of the metal which will be saved as a result of this technology. The average annual estimate of CO2 reduction per year through 2020 is 0.025 Million Metric Tons of Carbon Equivalent (MM TCE).

  19. Saving can save from death anxiety: mortality salience and financial decision-making.

    Science.gov (United States)

    Zaleskiewicz, Tomasz; Gasiorowska, Agata; Kesebir, Pelin

    2013-01-01

    Four studies tested the idea that saving money can buffer death anxiety and constitute a more effective buffer than spending money. Saving can relieve future-related anxiety and provide people with a sense of control over their fate, thereby rendering death thoughts less threatening. Study 1 found that participants primed with both saving and spending reported lower death fear than controls. Saving primes, however, were associated with significantly lower death fear than spending primes. Study 2 demonstrated that mortality primes increase the attractiveness of more frugal behaviors in save-or-spend dilemmas. Studies 3 and 4 found, in two different cultures (Polish and American), that the activation of death thoughts prompts people to allocate money to saving as opposed to spending. Overall, these studies provided evidence that saving protects from existential anxiety, and probably more so than spending.

  20. Saving can save from death anxiety: mortality salience and financial decision-making.

    Directory of Open Access Journals (Sweden)

    Tomasz Zaleskiewicz

    Full Text Available Four studies tested the idea that saving money can buffer death anxiety and constitute a more effective buffer than spending money. Saving can relieve future-related anxiety and provide people with a sense of control over their fate, thereby rendering death thoughts less threatening. Study 1 found that participants primed with both saving and spending reported lower death fear than controls. Saving primes, however, were associated with significantly lower death fear than spending primes. Study 2 demonstrated that mortality primes increase the attractiveness of more frugal behaviors in save-or-spend dilemmas. Studies 3 and 4 found, in two different cultures (Polish and American, that the activation of death thoughts prompts people to allocate money to saving as opposed to spending. Overall, these studies provided evidence that saving protects from existential anxiety, and probably more so than spending.

  1. Energy-efficient technologies and policies can help us win the race to save the planet

    International Nuclear Information System (INIS)

    Rosenfeld, A.H.; Price, L.

    1994-01-01

    Past achievements in energy efficiency in the residential sector are reviewed and policy mechanisms for continuing such savings are discussed. Between 1973 and 1985, the efficiency of most new individual energy-using products doubled, and this occurred with minimal investments; the price difference between the existing and the more efficient product was typically recovered through reduced energy bills in three years or less. This is illustrated with examples including automobiles, refrigerators, windows, and lighting. With the recent decline in oil prices, energy use per unit of gross national product in the USA has risen slightly and high energy prices no longer provide the main motivation for further energy efficiency improvements. Other considerations that promote energy efficiency include the economic growth that results from using energy efficient products, environmental protection, and the need to reduce greenhouse gas emissions. Further energy efficiency improvements can be made using effective policies, such as establishment of energy-use labels for appliances and equipment, imposing energy efficiency standards, providing incentives for appliance and equipment manufacturers to produce energy efficient products, using fees and rebates to reduce energy use, building automobile insurance costs into gasoline prices, integrated resource planning and demand side management by energy utilities, and mortgage rates based on energy efficiency and conservation considerations. 42 refs., 6 figs., 2 tabs

  2. Development and demonstration of energy saving technologies in agriculture; Udvikling og demonstration af energibesparende teknologi til landbruget

    Energy Technology Data Exchange (ETDEWEB)

    Pedersen, Joergen; Trenel, P.; Krogh Hansen, T.; Andersen, Mathias

    2010-07-01

    The energy consumption for agriculture is approx. 10% of the total corporate energy use in Denmark and is therefore a major source of total CO2 emission. This project aims to show that there is great potential for reducing energy use in agriculture. The project focused on saving energy in pig production, as this is the largest branch of production in farming and also the most energy consuming. The energy consumption in selected herds has been monitored with high accuracy making it possible to track down energy consumption, on system level, minute by minute. The energy consumption for light, ventilation and heating systems has been followed in various sections of different farms to compare the level of consumption. In the project 4 technologies were developed and tested. The results are: 1) Two new EC (electronically commuted) fans for livestock facilities makes it possible to reduce power consumption for ventilation with over 50% compared with frequency controlled fans; 2) An intelligent shelter for two climate stables was developed to regulate heat in the piglet pens. The system showed a 43% energy saving for heating compared to identical climate stables with normal floor heating; 3) An hour-based energy management system called Elspot was tested. The Elspot module can automatically activate and deactivate electrically powered equipment according to the energy price. The study found that farms can reduce their spending on electricity by 25% using the Elspot module on a feed mill; 4) A web interface for energy monitoring was designed specifically for farmers. This system makes it possible for farmers to monitor their energy consumption at and benchmark this against normative values or new technologies. The initial goal of the project was to develop and demonstrate solutions that could potentially reduce energy consumption in agriculture by 20%. Since the work was done only with energy saving technologies in livestock production, this corresponds to an energy

  3. Households’ use of information and communication technologies – a future challenge for energy savings?

    DEFF Research Database (Denmark)

    Jensen, Jesper Ole; Gram-Hanssen, Kirsten; Røpke, Inge

    2009-01-01

    of theories of domestication of technologies, it is argued that aspects such as consumers' creativity in technology use and their non-adaption are relevant aspects to include in policy and regulation discussions on how to limit the escalating electricity consumption from household ICT use.......Increasing consumption of electricity due to a growing number of information and communication technology (ICT) appliances in households is a major challenge to reducing energy consumption. Several studies have predicted escalating ICT-related energy consumption, but relatively little has been said...... and done about possible initiatives to curb this increase. This paper presents results of a research project focusing on how dynamics of consumption influence household energy consumption on ICT. Results of the project include scenarios on how electricity consumption on ICT is expected to grow, suggesting...

  4. RESOURCE SAVING TECHNOLOGICAL PROCESS OF LARGE-SIZE DIE THERMAL TREATMENT

    Directory of Open Access Journals (Sweden)

    L. A. Glazkov

    2009-01-01

    Full Text Available The given paper presents a development of a technological process pertaining to hardening large-size parts made of die steel. The proposed process applies a water-air mixture instead of a conventional hardening medium that is industrial oil.While developing this new technological process it has been necessary to solve the following problems: reduction of thermal treatment duration, reduction of power resource expense (natural gas and mineral oil, elimination of fire danger and increase of process ecological efficiency. 

  5. Environmental policy and environment-saving technologies. Economic aspects of policy making under uncertainty

    Energy Technology Data Exchange (ETDEWEB)

    Ossokina, I.

    2003-07-01

    It is generally known that natural environment is profoundly influenced by technological change. The direction and the size of this influence are, however, surrounded by uncertainties, which substantially complicate environmental policy making. This dissertation uses game-theoretical models to study policy making under uncertainty about (a) the costs of technological advances in pollution control, (b) the preferences of the policy maker and the voters, and (c) the consequences of policy measures. From a positive point of view the analysis provides explanations for environmental policies in modern democracies. From a normative point of view it gives a number of recommendations to improve environmental policies.

  6. Accelerating the transfer and diffusion of energy saving technologies steel sector experience-Lessons learned

    International Nuclear Information System (INIS)

    Okazaki, Teruo; Yamaguchi, Mitsutsune

    2011-01-01

    It is imperative to tackle the issue globally mobilizing all available policies and measures. One of the important ones among them is technology transfer and diffusion. By utilizing international co-operation, industry can promote such measures in two ways: through government policy and through industry's own voluntary initiative. Needless to say, various government policies and measures play essential role. By the same token, industry initiative can complement them. There is much literature documenting the former. On the contrary there are few on the latter. This paper sheds light on the latter. The purpose of this paper is to explore the effectiveness of global voluntary sectoral approach for technology diffusion and transfer based on steel sector experience. The goal is to contribute toward building a worldwide low-carbon society by manufacturing goods with less energy through international cooperation of each sector. The authors believe that the voluntary sectoral approach is an effective method with political and practical feasibilities, and hope to see the continued growth of more initiatives based on this approach. - Highlights: → There exist huge reduction potentials in steel industries globally. → Technology transfer and diffusion are keys to achieve reductions. → Main barriers are economic, technological and policy-related. → Case studies in overcoming barriers are discussed. → In steel industry, a voluntary sectoral approach has shown to be effective.

  7. Energy Saving Separations Technologies for the Petroleum Industry: An Industry-University-National Laboratory Research Partnership

    Energy Technology Data Exchange (ETDEWEB)

    Dorgan, John R.; Stewart, Frederick F.; Way, J. Douglas

    2003-03-28

    This project works to develop technologies capable of replacing traditional energy-intensive distillations so that a 20% improvement in energy efficiency can be realized. Consistent with the DOE sponsored report, Technology Roadmap for the Petroleum Industry, the approach undertaken is to develop and implement entirely new technology to replace existing energy intensive practices. The project directly addresses the top priority issue of developing membranes for hydrocarbon separations. The project is organized to rapidly and effectively advance the state-of-the-art in membranes for hydrocarbon separations. The project team includes ChevronTexaco and BP, major industrial petroleum refiners, who will lead the effort by providing matching resources and real world management perspective. Academic expertise in separation sciences and polymer materials found in the Chemical Engineering and Petroleum Refining Department of the Colorado School of Mines is used to invent, develop, and test new membrane materials. Additional expertise and special facilities available at the Idaho National Engineering and Environmental Laboratory (INEEL) are also exploited in order to effectively meet the goals of the project. The proposed project is truly unique in terms of the strength of the team it brings to bear on the development and commercialization of the proposed technologies.

  8. Commercialization of biopulping: an energy-saving and environmentally-friendly technology for the paper industry

    Science.gov (United States)

    Ross Swaney; Masood Akhtar; Eric Horn; Michael Lentz; Carl Houtman; John Klungness

    2003-01-01

    The biopulping process for treating wood chips prior to mechanical pulping has been scaled up through an extensive development program and has been demonstrated at 50 ton semicommercial scale. Detailed engineering analyses and design studies have been performed for full production-scale mill implementation, and the technology is ready for commercial use. This paper...

  9. Households' use of information and communication technologies - a future challenge for energy savings?

    Energy Technology Data Exchange (ETDEWEB)

    Jensen, Jesper Ole; Haunstrup Christensen, Toke; Gram-Hanssen, Kirsten (Danish Building Research Inst., Aalborg Univ., Aalborg (Denmark)). e-mail: joj@sbi.dk; Roepke, Inge (Dept. of Management Engineering, Aalborg Univ., Aalborg (Denmark))

    2009-07-01

    Increasing consumption of electricity due to a growing number of information and communication technology (ICT) appliances in households is a major challenge to reducing energy consumption. Several studies have predicted escalating ICT-related energy consumption, but relatively little has been said and done about possible initiatives to curb this increase. This paper presents results of a research project focusing on how dynamics of consumption influence household energy consumption on ICT. Results of the project include scenarios on how electricity consumption on ICT is expected to grow, suggesting that in a few years on average ICT will make up half of household electricity consumption. Recent initiatives from various actors to prevent this development are presented and discussed, and difficulties in regulating this area, as compared to other parts of household electricity consumption are highlighted. Through presentation and discussion of qualitative interviews with families having extensive ICT use in their everyday lives, the interviews illustrate how users domesticate and use technologies in many different ways. The interviews reveal a variety of practices and dynamics in different aspects of everyday life, including sport, shopping, entertainment and different hobbies. The growing electricity consumption related to ICT is thus as dependent on the consumers' use and domestication of the technologies as on the energy efficiency of the appliances. By analysing the interviews with the use of theories of domestication of technologies, it is argued that aspects such as consumers' creativity in technology use and their non-adaption are relevant aspects to include in policy and regulation discussions on how to limit the escalating electricity consumption from household ICT use.

  10. Ecological and energy-saving technology for fish food preservation at positive temperatures and a method of checking the freshness

    International Nuclear Information System (INIS)

    Mirza, Maria; Popescu, G.M.; Dobrin, D.N.; Cristescu, T.M.; Stefanescu, I.; Steflea, D.; Titescu, Gh.; Tamaian, R.

    2002-01-01

    The procedure of maintaining eviscerated fish and fish fillet freshness is based on dilutions osmotic shock produced by deuterium depleted water with D/(D+H) concentration ratio of about 30 ppm. The studies evidenced the blocking of alteration enzymatic activities in tissues at positive temperatures within 0 - 30 deg. C. The procedure is completed with the method for evaluating the fish freshness. Its advantages are as follows; - the technology is ecologic and energy - saving as it uses natural ingredients and contributes to the ozone layer protection; - the flesh of fish can be preserved, in its natural state, immersed in deuterium depleted water with no salt addition or other metabolic blocking agents as smoke, polyphosphates or nitrides, known as carcinogenic; - the costs of technological applications are lower as compared with those of classical refrigeration; - the technology increases by 2 - 6 times the freshness period and preservation duration, respectively; - deuterium depleted water used as fish flesh preservative is a product with excellent therapeutical qualities. The procedure can be tested by a freshness checking method. Indeed by measuring the non-conventional tissue energies evidenced by the molecular electronic spectra of sample of tissue immersed in salty solution as compared with specific spectra of control samples one can establish the alteration degree from the relative maximal absorption spectra

  11. E-commerce as a Stockpiling Technology - Implications for Consumer Savings

    OpenAIRE

    Andrea Pozzi

    2013-01-01

    Shopping on the Internet spares customers the discomfort of carrying around heavy and bulky baskets of goods, since the service usually includes home de- livery. This makes e-commerce a technology well suited to helping consumers to buy in bulk or to stockpile items on discount. I use grocery scanner data provided by a supermarket chain selling both online and through traditional stores to show that the introduction of e-commerce leads to an increase in bulk purchase and stockpiling behavior ...

  12. Devising an energy saving technology for a biogas plant as a part of the cogeneration system

    OpenAIRE

    Чайковська, Євгенія Євстафіївна

    2015-01-01

    The paper suggests an operation technology for a biogas plant that allows setting a heating medium temperature at the inlet to the heat exchanger built in a digester and measuring the heating medium temperature at the outlet. An integrated system for assessing the varied temperature of digestion (that is based on mathematical and logical modeling within the cogeneration system) secures a continuous gas outlet, a timely unloading of fermented mash and loading of a fresh matter. For this purpos...

  13. ENERGY SAVING TECHNOLOGY OF LIGATURES PRODUCTION ON THE BASIS OF MOLYBDENUM

    Directory of Open Access Journals (Sweden)

    A. G. Slutsky

    2014-01-01

    Full Text Available Data on development of technology of the molybdenum-containing addition alloy production by method of aluminothermic restoration is provided in the article. Influence of conditions of production on quality and metallurgical output of addition alloy is studied. The received addition alloys were tested in industrial conditions at smelting of the low-alloyed steel 35HML and the received results confirmed efficiency of application of the developed addition alloy.

  14. Marketing strategy - sales system for energy saving technology in the heat market

    Energy Technology Data Exchange (ETDEWEB)

    Dommann, D

    1984-06-04

    Modern industrial society is undergoing a period of upheaval which is sparing no company. Today's greatest challenge to management is to get this transition under control. The process of change inevitably effects marketing policies and company employees. There are doubtlessly many viable marketing strategies available, but they are of little use if they cannot be applied in the market by qualified personnel. In this article the author gives suggestions for selling energy conserving technology in today's heat market using a systematic sales method.

  15. Health saving technologies in the training of future primary school teachers

    Directory of Open Access Journals (Sweden)

    N.D. Karapuzova

    2015-01-01

    Full Text Available Purpose : To reveal the features of the application of technology in the health-professional training of future primary school teachers and to characterize their practical implementation. Material : The study involved 137 students. Test was used to determine the likelihood of stress on G. Nemchin and J. Taylor. Results : It was found that the vast majority of respondents (67% have a low level of efficiency and high stress. That is, there is the possibility of negative effects of stress. Among the students of middle and low level of success of 76% the cause of this was called exhaustion. Defined as the implementation of technologies will aggregate pedagogically appropriate forms, methods and means of organization and management of the educational process. Proposed criteria indicators of training activities from the standpoint of health preservation. An experience of work on the implementation of health-technology in the practice of psycho-pedagogical faculty. Conclusions : The health-tech feature is the harmonious combination of training, educational and developing pedagogical influences. They are specified in the learning and cognitive, research, organizational and educational work of the students and the teaching practice in schools. They are aimed at both the development and improvement of the physical, spiritual, mental and social health factors of a young man, and on the formation of health-competence of students.

  16. Savings times: approaching of two technologies; Racionalizacao do tempo: uma integracao de tecnologias

    Energy Technology Data Exchange (ETDEWEB)

    Migueis, Carlos Otavio; Eppinghaus, Guilherme; Ferreira, Ipojucan; Alfano, Pedro Paulo; Campello, Sergio [Vetcogray, Macae, RJ (Brazil)

    2008-07-01

    As the result of merging both wellhead and production subsea systems technologies, a new concept of flowbases and tubing hangers has been developed. This new generation of equipment will allow a significant reduction in rig time during drilling and completion operations just processing at the same time steps that before were supposed to be done separately. In order to implement this merge of technologies, concepts and techniques already well known in drilling and completion will be used. One of the main modifications is to adopt in the internal upper half profile of the flowbase the same profile used in the wellheads. This will allow the use of existent cam type running tools, wear bushing running tools and BOP test tools. Also the casing hanger pack-off (CVU) sealing and locking technology will be used to lock and seal the tubing hanger. The new method of running the flowbase, using a cam type running tool, became possible due to the adoption of the technology for landing the wellhead with the support of an ROV. In the other hand, the tubing hanger was fully redesigned using as reference the existent casing hangers. The new concept is an evolution for the actual concept and will allow the time reduction in rig operations, enhancing the performance of the unlocking system of the tubing hanger during its retrieval. During the development of this new flowbase and tubing hanger system, it was necessary the development of a set of new tools, such as: one trip pack-off landing, energizing/deenergizing, test and tubing hanger retrieving tool; one trip pack-off unlocking and tubing hanger retrieving tool. In order to confirm the viability of the concepts, a series of design reviews were conducted involving different Vetco Gray SDS and SPS experts from various departments such as product engineering and service. Doing this it became possible to fully evaluate the operation from drilling to completion also checking if the applicability of the current equipment that today

  17. Engaging science communication that are time-saving for scientists using new online technology

    Science.gov (United States)

    Lilja Bye, Bente

    2016-04-01

    Science communication is a time consuming and challenging task. Communicating scientific results comes on top of doing science itself and the administrative work the modern day scientists have to cope with. The competition on peoples time and attention is also fierce. In order to get peoples attention and interest, it is today often required that there is a two-way communication. The audience needs and wants to be engaged, even in real-time. The skills and times required to do that is normally not included in the university curricula. In this presentation we will look at new technologies that can help scientists overcome some of those skills and time challenges. The new online technologies that has been tested and developed in other societal areas, can be of great use for research and the important science communication. We will illustrate this through an example from biodiversity, wetlands and these fields use of Earth observations. Both the scientists themselves representing different fields of research and the general public are being engaged effectively and efficiently through specifically designed online events/seminars/workshops. The scientists are able to learn from each other while also engaging in live dialogues with the audience. A cooperation between the Group of Earth Observations and the Ramsar Convention of Wetlands will be used to illustrate the method. Within the global Earth observation community, where this example comes from, there is a great potential for efficient capacity building, targeting both experts, decision-makers and the general public. The method presented is demonstrating one way of tapping into that potential using new online technologies and it can easily be transferred to other fields of geoscience and science in general.

  18. Resource-saving recycling technology of lipid-containing waste of the fishing industry

    Directory of Open Access Journals (Sweden)

    Kurkotilo V. N.

    2017-09-01

    Full Text Available Nowadays the resource component of fish waste is underutilized, while it has unique properties of fish raw material. The topical area of research is the search for new technologies for processing waste to produce fish oil as a valuable source of polyunsaturated fatty acids, fat-soluble vitamins and other biologically active substances. In the work the technology of enzymatic hydrolysis of fish wastes has been tested and compared with the traditional thermal technology of obtaining fat from fish waste. The object of the study has been frozen waste from the herring processing. The optimal parameters of obtaining fish oil from processing wastes has been determined by simulating the process by the method of mathematical planning of experiment using orthogonal central composite plan of the second order for two factors. The variation of the factors of traditional thermal processing has been carried out in the temperature range of 60 ± 10 °C for 120 ± 20 min. Enzymatic hydrolysis has been held using the enzyme preparation of proteolytic action Protosubtilin G3x (Protosubtilin G3x in the range factors of 0.20 ± 0.05 g/kg dose of enzyme for 80 ± 20 min at the optimal temperature of hydrolysis. Organoleptic indicators of fat (appearance, color, smell, taste, transparency have been determined in accordance with the requirements of state standards. The derived lipid drug has been subjected to research on indicators of safety in accordance with the requirements of Technical regulations of the Customs Union "On safety of food products". The safety performance of the obtained samples of fat (peroxide and acid numbers has been determined by the standard methods. The constructed mathematical models contribute to optimizing the processing of fish waste. Comparison of the quality and safety indices of the obtained fish oil preparations has allowed substantiate the advantages of enzymatic processing of fish waste.

  19. Conceptual approaches to innovative energy saving technologies and reducing greenhouse effect

    Energy Technology Data Exchange (ETDEWEB)

    Buyadgie, Dmytro; Sechenyh, Vitaliy; Buyadgie, Olexiy; Nichenko, Sergii; Vasil' ev, Igor

    2010-09-15

    The study attempts a comprehensive overview of the effects of human activities and proposes technical solutions for compensation of human anthropogenic intervention. Attention is focused on energy consumption optimization and reduction of harmful emissions at current stage of civilization development. Natural sources of energy and their associated greenhouse gases (GHG) emissions are considered in the paper along with the existed approaches to energy utilization, its merits and demerits. The role of heat-utilizing thermotransformers in reduction of thermal release and GHG emissions is specified. The examples of energy efficient technologies, based on application of jet devices, are presented in the study.

  20. Marketing strategy - sales system for energy saving technology in the heat market

    Energy Technology Data Exchange (ETDEWEB)

    Dommann, D.

    1984-06-04

    Modern industrial society is undergoing a period of upheaval which is sparing no company. Today's greatest challenge to management is to get this transition under control. The process of change inevitably effects marketing policies and company employees. There are doubtlessly many viable marketing strategies available, but they are of little use if they cannot be applied in the market by qualified personnel. In this article the author gives suggestions for selling energy conserving technology in today's heat market using a systematic sales method.

  1. Resource-saving technology for manufacturing billets for piston’s rings

    Directory of Open Access Journals (Sweden)

    A. N. Krutilin

    2010-10-01

    Full Text Available Piston’s rings are one of the most critical parts of heavy-duty engines for wear-work in conditions of prolonged exposure of alternating loads and high temperatures. Currently in the world production of billets for piston’s rings is dominated by the two methods of casting: production of individual and oiling billets of gray and ductile cast iron in green-sand mold and shell mold and centrifugal casting method (intended primarily for oiling billets of ductile iron; the technology for individual production billets for piston’s rings with a diameter up to 250 mm, from 250 to 450 mm with individual and oiling ways, over 450 mm - preference of oiling billet. The best parameters of physical-mechanical and operational characteristics piston’s rings are in the case of manufacture of billets to the maximum extent approaching the configuration to the finished product. The rings made of shaped billets are characterized by uniform distribution of properties from the perimeter, provide a given diagram of pressures and full fit to the cylinder. Because of deficiencies of traditional methods of casting, continuous quality requirements for billets, the need for economy of material, fuel and energy resources, are finding new progressive technological processes of production of high-quality billets for piston’s rings. One of the most promising for piston rings billet is a method of casting consists of immersing the sand molds into the melt. It is interesting idea, expressed by A. Sutherland and subsequently patented in several countries in the way of casting method, called "immersion pouring technology" (ICT-Immersion Casting Technique [1]. Experiments, conducted in the laboratory of the Belarusian National Technical University, have identified significant shortcomings of immersion method of casting. When forms are immersing, have an intensive gassing in molten metal, and freezing of the metal on the out surface of the form. But despite some

  2. An innovative energy-saving in-flight melting technology and its application to glass production

    Directory of Open Access Journals (Sweden)

    Yaochun Yao et al

    2008-01-01

    Full Text Available The conventional method used for glass melting is air-fuel firing, which is inefficient, energy-intensive and time-consuming. In this study, an innovative in-flight melting technology was developed and applied to glass production for the purposes of energy conservation and environmental protection. Three types of heating sources, radio-frequency (RF plasma, a 12-phase alternating current (ac arc and an oxygen burner, were used to investigate the in-flight melting behavior of granulated powders. Results show that the melted particles are spherical with a smooth surface and compact structure. The diameter of the melted particles is about 50% of that of the original powders. The decomposition and vitrification degrees of the prepared powders decrease in the order of powders prepared by RF plasma, the 12-phase ac arc and the oxygen burner. The largest heat transfer is from RF plasma to particles, which results in the highest particle temperature (1810 °C and the greatest vitrification degree of the raw material. The high decomposition and vitrification degrees, which are achieved in milliseconds, shorten the melting and fining times of the glass considerably. Our results indicate that the proposed in-flight melting technology is a promising method for use in the glass industry.

  3. Analysis of Why the Renal Dialysis Unit is Losing Money

    National Research Council Canada - National Science Library

    Moore, Leslie

    1997-01-01

    .... Despite efforts to remain competitive by procuring "state of the art" equipment intended to decrease treatment times and result in cost savings, the renal dialysis product line was losing money...

  4. ANALYSIS AND APPLICATION PROSPECTS OF EFFECTIVE RESOURCES-SAVING TECHNOLOGIES IN CONCRETE MANUFACTURE

    Directory of Open Access Journals (Sweden)

    H. P. Ivanova

    2014-10-01

    Full Text Available Purpose. Prospectivity assessments of the nano-materials usage in construction technologies at the same time meeting the requirements of environmental safety and rational use of the natural resources. Methodology. During the study the building composites, in particular concretes, which are obtained on the base of the raw materials, which are introduced in the array of micro- and nanolevels were researched and analyzed. The deformation and deterioration processes of nanostructured concrete depending on their composition and manufacture parameters were simulated. Findings. Concrete manufacture is in the direct dependence on its components. Due to the extraction and processing of these components land degradation occurs because of soil destruction with oversize pits, which threatens the ecology of the environment. In this connection there is a need for another concept of building materials receiving for concrete manufacture. The new branch of science based on nanotechnologies, nanomaterials and nanostructuring is a key to its foundation. The special features of nanostructured concretes are the nanoagents in their composition (carbon nanotubes, mechanoactivated slags of blast furnace production. The study of deformation patterns and concrete deterioration based on the mechanoactivated material will purposefully affect the structure, physical and chemical properties, as well as the mechanical and deformational ones. Originality. The researches have shown that nano-structured concrete had high fluidity. The strength of such compositions is enhanced up to 13 % without reduction of concrete consumption and up to 8.8% at 10% reduced concrete consumption. Practical value. The application of the structured concretes based on the mechanoactivated material will increase the efficiency of the industrial wastes recycling and improve the physical, mechanical and technological properties of the produced composites. From the standpoint of the economic benefits

  5. Energy Saving Melting and Revert Reduction Technology (E-SMARRT): Melting Efficiency Improvement

    Energy Technology Data Exchange (ETDEWEB)

    Principal Investigator Kent Peaslee; Co-PI’s: Von Richards, Jeffrey Smith

    2012-07-31

    Steel foundries melt recycled scrap in electric furnaces and typically consume 35-100% excess energy from the theoretical energy requirement required to pour metal castings. This excess melting energy is multiplied by yield losses during casting and finishing operations resulting in the embodied energy in a cast product typically being three to six times the theoretical energy requirement. The purpose of this research project was to study steel foundry melting operations to understand energy use and requirements for casting operations, define variations in energy consumption, determine technologies and practices that are successful in reducing melting energy and develop new melting techniques and tools to improve the energy efficiency of melting in steel foundry operations.

  6. Energy Savings Through Thermally Efficient Crucible Technology: Fundamentals, Process Modeling, and Applications

    Science.gov (United States)

    Shi, Wenwu; Pinto, Brian

    2017-12-01

    Melting and holding molten metals within crucibles accounts for a large portion of total energy demand in the resource-intensive nonferrous foundry industry. Multivariate mathematical modeling aided by detailed material characterization and advancements in crucible technologies can make a significant impact in the areas of cost-efficiency and carbon footprint reduction. Key thermal properties such as conductivity and specific heat capacity were studied to understand their influence on crucible furnace energy consumption during melting and holding processes. The effects of conductivity on thermal stresses and longevity of crucibles were also evaluated. With this information, accurate theoretical models using finite element analysis were developed to study total energy consumption and melting time. By applying these findings to recent crucible developments, considerable improvements in field performance were reported and documented as case studies in applications such as aluminum melting and holding.

  7. Culture-generating, health-saving educational technologies at higher school

    Directory of Open Access Journals (Sweden)

    Dmitriev S.V.

    2010-10-01

    Full Text Available The modern going is analysed near research of physical culture. Selected and described base components of structure of educational space and subject domain of sporting and adaptive physical culture. It is rotined that consciousness of man works on the sphere of necessities and capabilities is arms with them knowledge. It is marked that it is necessary to examine a reflection as psychical property of personality and as quality of activity. Transition importance is accented from technology of learn (based on the use of traditional methods to the construction of own познавательно-преобразовательных charts on the basis of methods of self-training studies (propulsive to self-training.

  8. Resource-Saving Cleaning Technologies for Power Plant Waste-Water Cooling Ponds

    Directory of Open Access Journals (Sweden)

    Zakonnova Lyudmila

    2017-01-01

    Full Text Available One of the frequently encountered problems of power plant small cooling ponds is rapid eutrophication and related intensified development of phytoplankton (“hyperflow” and overgrowing of ponds by higher aquatic vegetation. As a result of hyper-flowering, an enormous amount of detritus settles on the condenser tubes, reducing the efficiency of the power plant operation. The development of higher aquatic vegetation contributes to the appearing of the shoals. As a result the volume, area and other characteristics of the cooling ponds are getting changed. The article describes the environmental problems of small manmade ponds of power plants and coal mines in mining regions. Two approaches to the problem of eutrophication are considered: technological and ecological. The negative effects of herbicides application to aquatic organisms are experimentally proved. An ecological approach to solving the problem by fish-land reclamation method is shown.

  9. Barriers to the adoption of energy-saving technologies in the building sector: A survey study of Jing-jin-tang, China

    International Nuclear Information System (INIS)

    Du, Ping; Zheng, Li-Qun; Xie, Bai-Chen; Mahalingam, Arjun

    2014-01-01

    The building sector of China currently consumes 20% of the total energy consumption. Studies on barriers to the adoption of building energy-saving technologies are of great significance on implementing policies related to achieving energy-saving goals. This paper studied 15 barriers with the aid of information collected through questionnaires and semi-structured interviews. The respondents were 135 employees working in the Jing-jin-tang area. Based on the results of the factor analysis, the barriers were categorized into five groups: attitudes of stakeholders, policies and regulations, auxiliary resources, profitability, and adaptability of the technologies. Analysis of the entire sample showed that the stakeholders’ reluctance to use was the largest barrier, followed by high initial investment and low profitability. Further analysis showed that the occupation and designation of the respondents and the size of the enterprises that they served influenced their perspectives on the barriers. It was found that architects attributed more importance to the adoption of energy-saving technologies than contractors; barriers confronted by employees of large enterprises and small enterprises were different; managers perceived weaker barriers than frontline employees and were more optimistic about the prospect of building energy-saving technologies. Finally, policy recommendations were proposed based on these in-depth and targeted analyses. - Highlights: • Fifteen barriers to the adoption of energy-saving technologies are discussed. • Surveys are conducted in one of China's most technologically developed area. • The barriers are divided into 5 groups according to the results of factor analysis. • Barriers related to profitability greatly hamper the adoption of the technologies. • Comparative analyses show the background of respondents influence their viewpoints

  10. Household Savings

    DEFF Research Database (Denmark)

    Browning, Martin; Lusardi, Annamaria

    suggested in the informal saving literature can be captured in the standard optimizing model. Particular attention is given to recent work on the precautionary motive and its implications for saving and consumption behavior. We also discuss the "behavioral" or "psychological" approach that eschews the use......In this survey, we review the recent theoretical and empirical literature on household saving and consumption. The discussion is structured around a list of motives for saving and how well the standard theory captures these motives. We show that almost all of the motives for saving that have been...

  11. Energy thief or saving tool? On the use of information and communication technology in households; Energitjuv eller sparverktyg? Om anvaendning av informations- och kommunikationsteknologi i hushaall

    Energy Technology Data Exchange (ETDEWEB)

    Karlsson, Kristina; Toernqvist, Eva K.

    2009-08-15

    A development towards continued increased use of information- and communication technology (ICT) in the households is a fact that should be taken seriously from an energy perspective. Especially since a lot of ICT is subjected to strong political aspirations to become accessible to all citizens on their own conditions. According to a couple of prognoses, ICT is estimated to amount to 45 % of the household electricity within the nearest ten year period. In addition to the direct use that ICT stands for, the indirect use that origins from, for example, the production and discarding of devices as well as the use that is a consequence of changed behavioural patterns, such as telecommuting, must be taken into account in order to fully understand the use of ICT in an energy perspective. Furthermore, the risk for so called rebound-effects needs also to be considered. This means that the time-, energy- and money savings that can be achieved by means of (more energy efficient) ICT, are used for more ICT use or for other energy requiring activities. Among other things, research indicates that expected transport reductions do not occur. From the point of departure of the overall question of why the energy use within the so called function area 'information and entertainment' increases in households, the aim of the report is to analyze and to discuss driving forces for household members' increased possession and use of ICT in a broad sense (including, for example, tv, mp3, dvd- and cd players. The intention is also to make visible the complex social context in which the use of ICT takes place. The driving forces are complex since they can be related to the individual user's own interests and satisfaction, to the household's social context as well as to a social context outside the household, and to different, often contradictory, norms and values. This makes the development of simple saving measures more difficult, but knowledge of the complexity and

  12. Energy Saving Melting and Revert Reduction Technology (Energy-SMARRT): Light Metals Permanent Mold Casting

    Energy Technology Data Exchange (ETDEWEB)

    Fasoyinu, Yemi [CanmetMATERIALS

    2014-03-31

    Current vehicles use mostly ferrous components for structural applications. It is possible to reduce the weight of the vehicle by substituting these parts with those made from light metals such as aluminum and magnesium. Many alloys and manufacturing processes can be used to produce these light metal components and casting is known to be most economical. One of the high integrity casting processes is permanent mold casting which is the focus of this research report. Many aluminum alloy castings used in automotive applications are produced by the sand casting process. Also, aluminum-silicon (Al-Si) alloys are the most widely used alloy systems for automotive applications. It is possible that by using high strength aluminum alloys based on an aluminum-copper (Al-Cu) system and permanent mold casting, the performance of these components can be enhanced significantly. This will also help to further reduce the weight. However, many technological obstacles need to be overcome before using these alloys in automotive applications in an economical way. There is very limited information in the open literature on gravity and low-pressure permanent mold casting of high strength aluminum alloys. This report summarizes the results and issues encountered during the casting trials of high strength aluminum alloy 206.0 (Al-Cu alloy) and moderate strength alloy 535.0 (Al-Mg alloy). Five engineering components were cast by gravity tilt-pour or low pressure permanent mold casting processes at CanmetMATERIALS (CMAT) and two production foundries. The results of the casting trials show that high integrity engineering components can be produced successfully from both alloys if specific processing parameters are used. It was shown that a combination of melt processing and mold temperature is necessary for the elimination of hot tears in both alloys.

  13. Energy, money, and pollution

    International Nuclear Information System (INIS)

    Roma, Antonio

    2006-01-01

    This paper explores general equilibrium consumption choices and interest rate determination in a deterministic two-period model in which the production side explicitly describes the thermodynamic process unavoidably connected with production, as argued by Georgescu Roegen. A simple energy based production process is modeled, which is not in a stationary state. The resulting production function is time dependent. In neoclassical general equilibrium the thermodynamic implication of the production process, i.e., the production of waste, will not be taken into account by decision making agents. For welfare optimality, the resulting externality needs to be corrected by a social planner, or through the use of environmental related taxation. However, it is shown that imposing energy as a medium of exchange (money) in the same economy makes agents 'energy conscious' and decreases the externality associated with entropic waste through a market mechanism, without the need for intervention. In the limit case in which production occurs in thermodynamic equilibrium, no entropic waste is produced, and the model collapses to the nested neoclassical model. A contribution of the proposed approach is the determination of energy (money) prices in general equilibrium. Despite the fact that energy does not enter the agents' utility function, and therefore has no direct value, money prices and interest rate can be fully characterized in the model due precisely to the production technology adopted. In this competitive equilibrium the market interest rate will be greater than the real interest rate. The change in the numeraire and medium of exchange used affects the economy due to the non stationarity of the production process, but has no effect in the limit case in which the productive process reaches a steady state. (author)

  14. Energy Saving Melting and Revert Reduction Technology: Innovative Semi-Solid Metal (SSM) Processing

    Energy Technology Data Exchange (ETDEWEB)

    Diran Apelian

    2012-08-15

    Semi-solid metal (SSM) processing has emerged as an attractive method for near-net-shape manufacturing due to the distinct advantages it holds over conventional near-net-shape forming technologies. These advantages include lower cycle time, increased die life, reduced porosity, reduced solidification shrinkage, improved mechanical properties, etc. SSM processing techniques can not only produce the complex dimensional details (e.g. thin-walled sections) associated with conventional high-pressure die castings, but also can produce high integrity castings currently attainable only with squeeze and low-pressure permanent mold casting processes. There are two primary semi-solid processing routes, (a) thixocasting and (b) rheocasting. In the thixocasting route, one starts from a non-dendritic solid precursor material that is specially prepared by a primary aluminum manufacturer, using continuous casting methods. Upon reheating this material into the mushy (a.k.a. "two-phase") zone, a thixotropic slurry is formed, which becomes the feed for the casting operation. In the rheocasting route (a.k.a. "slurry-on-demand" or "SoD"), one starts from the liquid state, and the thixotropic slurry is formed directly from the melt via careful thermal management of the system; the slurry is subsequently fed into the die cavity. Of these two routes, rheocasting is favored in that there is no premium added to the billet cost, and the scrap recycling issues are alleviated. The CRP (Trade Marked) is a process where the molten metal flows through a reactor prior to casting. The role of the reactor is to ensure that copious nucleation takes place and that the nuclei are well distributed throughout the system prior to entering the casting cavity. The CRP (Trade Marked) has been successfully applied in hyper-eutectic Al-Si alloys (i.e., 390 alloy) where two liquids of equal or different compositions and temperatures are mixed in the reactor and creating a SSM slurry. The process has been mostly

  15. Motor Assembly Plant Saves$85,000 with Compressed Air System Improvements (Bodine Electric's Chicago Facility): Office of Industrial Technologies (OIT) BestPractices Technical Case Study

    International Nuclear Information System (INIS)

    Wogsland, J.

    2001-01-01

    This case study is one in a series on industrial firms who are implementing energy efficient technologies and system improvements into their manufacturing processes. This case study documents the activities, savings, and lessons learned on the Bodine Electric motor assembly plant project

  16. Redefining the money market

    African Journals Online (AJOL)

    Keywords: money market, monetary policy, money, financial markets. 1. ..... Both sides of the banks' consolidated balance sheet increase by USD 100 million. ... As substantiation of the statement that the KIR substantially influencing the.

  17. Philosophy of Money

    CERN Document Server

    Simmel, Georg; Frisby, David; Bottomore, Tom

    2011-01-01

    In The Philosophy of Money, Georg Simmel provides us with a now classic discussion of the social, psychological and philosophical aspects of the money economy, full of brilliant insights into the forms that social relationships take.

  18. Energy. Saving 'Private' Areva

    International Nuclear Information System (INIS)

    Dupin, Ludovic

    2015-01-01

    While Areva keeps on loosing money (billions of euros for 2014), the saving of this company is at stake. Staff is already planned to be reduced in La Hague, and other staff reductions might occur after the failure of a previous strategic plan. Various activities could be sold (dismantling, mining). The article outlines the difficult relationships between Areva and EDF and the problems also faced by EDF. Some actors think that Areva should remain independent from EDF in order to be free to compete on international bidding. The rapprochement between these two companies is said to be necessary for the Ministry but seems very difficult to achieve

  19. Far ahead of the times. Measurements demonstrate: solar thermal heating systems save money at the highest level of domestic comfort; Der Zeit weit voraus. Messungen beweisen: solarthermische Heizsysteme sparen bares Geld bei hoechstem Wohnkomfort

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2012-12-15

    If someone wants to build or renovate its own home at present, is well advised to decide for a sustainable and cost saving energy concept. Already at the beginning of this year, the oil and gas prices amount to more than 90 cent per litre. Tendency: increasing. Many households look back on one of the most expensive heating periods of the past five years, although the winter 2011/2012 brought average temperatures statistically. If someone wants to become independent from the development of the energy prices, needs a building and heating concept which meets the heat requirement from renewable energy resources as wide-ranging as possible.

  20. Environmental policy and technological change: The effects of economic incentives and direct regulation on energy-saving innovation

    Science.gov (United States)

    Newell, Richard G., Jr.

    Over the long run, the impacts of environmental policies will be greatly affected by the influence these policies have on the rate and direction of technological change. In particular, the roles played by energy prices and product regulation in energy-saving technology innovation are exceptionally important considerations in modeling climate change and evaluating alternative policy options. We analyze the effects of energy prices and energy-efficiency regulations on the menu of air conditioner and water heater models available on the market over a period of more than three decades, measuring their innovation in terms of improvements in the products' underlying characteristics. Through estimation of a series of "characteristics transformation surfaces," we find that during less than four decades, substantial innovation in these products reduced the total capital and operating costs of air conditioning by one-half and water heating by more than one-fifth. Although the overall rate of innovation in these products appears to be independent of energy prices and regulations, the evidence suggests that the direction of innovation may be responsive to energy price changes. This would imply that energy price increases induced innovation in a direction that lowered the capital cost tradeoffs inherent in producing more energy-efficient products. The evidence supporting "regulation-induced" changes in these tradeoffs is much weaker. Our estimates indicate that about one- to two-fifths of the energy-efficiency improvements in these products from 1973 to 1993 were associated with historical changes in energy prices. We also find that this responsiveness to price changes increased substantially after product labeling requirements came into effect, and that minimum efficiency standards had a significant positive effect on average efficiency levels. Nonetheless, a sizeable portion of historical efficiency improvements in these technologies is associated with the products' overall

  1. Electricity-cost savings obtained by means of nuclear plant life extension

    International Nuclear Information System (INIS)

    Forest, L.; Fletcher, T.; DuCharme, A.; Harrison, D.L.

    1987-01-01

    This study examines savings caused by nuclear-plant life extension (NUPLEX) and describes the effects of changes in assumptions on costs and technology using an approach simpler than the large economic-model simulations used in other reports. Under the simplified approach, we estimate savings at the broad national level by comparing projected costs/kWh for the typical NUPLEX plant with those for new coal-fired plants, which seem the most likely alternative in most regions. While ignoring some complications handled by the large, regionally disaggregated econometric models, the approach used in this study has advantages in sensitivity analyses. It reveals relationships between savings and basic assumptions on costs and technology in a more transparent way than in large-model simulations. We find that, absent major technological breakthroughs for present generating options, NUPLEX saves consumers money on their electric bills under most plausible economic scenarios. Using mid-range assumptions, we find that NUPLEX saves consumers a total of about dollar 180 billion spread over the period 2010-50. Under optimistic assumptions, the savings swell to over dollar 900 billion. Under extremely pessimistic assumptions, the savings actually turn negative. This wide range of estimates largely reflects the uncertainty in cost projections. Within plausible limits, higher- or lower-than-expected load growth does not affect the savings estimates. The NUPLEX construction costs stand out as the most critical unknown. If they turn out to be 50% (dollar 500 billion) above the baseline estimate savings would fall by almost 60% (dollar 105 billion). A 50% rise in nuclear fuel costs would drop baseline savings by almost 22%. A 50% increase in nuclear-plant operations-and-maintenance costs, would cut baseline savings by about 36%. These sensitivities highlight the need for continued monitoring of economic developments

  2. Net savings

    International Nuclear Information System (INIS)

    Roche, P.

    2001-01-01

    The state of e-commerce in the Canadian upstream oil and natural gas sector is examined in an effort to discover the extent to which the .com economy has penetrated the marketplace. The overall assessment is that although the situation varies from producer to producer and process to process, a bustling digital marketplace in the Canadian oil business has yet to emerge. Nevertheless, there are several examples of companies using e-business tools to minimize technology staffing and to eliminate wasteful practices. Initiatives cited include streamlining of supply chains to cut handling costs, using application service providers to trim information technology budgets, and adopting electronic joint interest billing to save on printing, postage and re-entering data. Most notable efforts have been made by companies such as BXL Energy Limited and Genesis Exploration Limited, both of which are boosting efficiency on the inside by contracting out data storage and software applications. For example, BXL has replaced its microfilm log library occupying six cabinets, and totalling about 9,000 lbs., by a fibre optic line. All applications can now be run from a laptop which weighs three to four pounds. In a similar vein, Genesis Exploration started using application service providers (ASPs) to avoid the cost and hassle of buying and maintaining major software applications in-house. By accessing the ASPs, Genesis staff can run software without buying or installing it on their own computers. In yet another example of cutting information technology costs, Pengrowth Corporation has its network administration done remotely over the Internet by Northwest Digital Systems (NWD). As far as the industry at large is concerned, the answer appears to be in a digital marketplace specifically tailored to the upstream sector's unique profile. As a start, a study is underway by Deloitte Consulting to explore producer interest in joining or founding an upstream digital marketplace. The study was

  3. Net savings

    Energy Technology Data Exchange (ETDEWEB)

    Roche, P.

    2001-02-01

    The state of e-commerce in the Canadian upstream oil and natural gas sector is examined in an effort to discover the extent to which the .com economy has penetrated the marketplace. The overall assessment is that although the situation varies from producer to producer and process to process, a bustling digital marketplace in the Canadian oil business has yet to emerge. Nevertheless, there are several examples of companies using e-business tools to minimize technology staffing and to eliminate wasteful practices. Initiatives cited include streamlining of supply chains to cut handling costs, using application service providers to trim information technology budgets, and adopting electronic joint interest billing to save on printing, postage and re-entering data. Most notable efforts have been made by companies such as BXL Energy Limited and Genesis Exploration Limited, both of which are boosting efficiency on the inside by contracting out data storage and software applications. For example, BXL has replaced its microfilm log library occupying six cabinets, and totalling about 9,000 lbs., by a fibre optic line. All applications can now be run from a laptop which weighs three to four pounds. In a similar vein, Genesis Exploration started using application service providers (ASPs) to avoid the cost and hassle of buying and maintaining major software applications in-house. By accessing the ASPs, Genesis staff can run software without buying or installing it on their own computers. In yet another example of cutting information technology costs, Pengrowth Corporation has its network administration done remotely over the Internet by Northwest Digital Systems (NWD). As far as the industry at large is concerned, the answer appears to be in a digital marketplace specifically tailored to the upstream sector's unique profile. As a start, a study is underway by Deloitte Consulting to explore producer interest in joining or founding an upstream digital marketplace. The study

  4. Techniques for implementing anti-money laundering procedures

    OpenAIRE

    BEREZANSKY V.V.; CHALDAEVA L.A.; KILYACHKOV A.A.

    2016-01-01

    Manipulating the banking system for purposes of money laundering is a relatively new phenomenon. This problem was first identified in 1986 in the United States, when it was classified as a criminal offense. In Russia, anti-money laundering measures are regulated with Federal Law No. 115-FZ On Counteracting Money Laundering and the Financing of Terrorism (7 August 2001, as amended). Given the high-speed, digitized nature of banking transactions, the technology for countering money laundering s...

  5. Understanding Interface Design and Mobile Money Perceptions in Latin America

    OpenAIRE

    Chiang, Chun-Wei; Anderson, Caroline; Flores-Saviaga, Claudia; Arenas, Eduardo Jr; Colin, Felipe; Romero, Mario; Rivera-Loaiza, Cuauhtemoc; Chavez, Norma Elva; Savage, Saiph

    2018-01-01

    Mobile money can facilitate financial inclusion in developing countries, which usually have high mobile phone use and steady remittance activity. Many countries in Latin America meet the minimum technological requirements to use mobile money, however, the adoption in this region is relatively low. This paper investigates the different factors that lead people in Latin America to distrust and therefore not adopt mobile money. For this purpose, we analyzed 27 mobile money applications on the ma...

  6. Recovery and money management.

    Science.gov (United States)

    Rowe, Michael; Serowik, Kristin L; Ablondi, Karen; Wilber, Charles; Rosen, Marc I

    2013-06-01

    Social recovery and external money management are important approaches in contemporary mental health care, but little research has been done on the relationship between the two or on application of recovery principles to money management for people at risk of being assigned a representative payee or conservator. Out of 49 total qualitative interviews, 25 transcripts with persons receiving Social Security insurance or Social Security disability insurance who were at risk of being assigned a money manager were analyzed to assess the presence of recognized recovery themes. The recovery principles of self-direction and responsibility were strong themes in participant comments related to money management. Money management interventions should incorporate peoples' recovery-related motivations to acquire financial management skills as a means to direct and assume responsibility for one's finances. Staff involved in money management should receive training to support client's recovery-related goals. (PsycINFO Database Record (c) 2013 APA, all rights reserved).

  7. Designing New Money

    DEFF Research Database (Denmark)

    Bjerg, Ole

    The prospect of central banks issuing digital currency (CBDC) immediately raises the question of how this new form of money should co-exist and interact with exist-ing forms of money. This paper evaluates three different scenarios for the imple-mentation of CBDC in terms of their monetary policy...... simultaneously only pursue two out of the following three policy objectives: Free convertibility between CBDC and bank money, parity between CBDC and bank money, and central bank monetary sovereignty, which is the use of monetary policy for anything else than support for commercial bank credit creation...

  8. Money Creation and Destruction

    OpenAIRE

    Faure, Salomon; Gersbach, Hans

    2017-01-01

    We study money creation and destruction in today’s monetary architecture and examine the impact of monetary policy and capital regulation in a general equilibrium setting. There are two types of money created and destructed: bank deposits, when banks grant loans to firms or to other banks and central bank money, when the central bank grants loans to private banks. We show that equilibria yield the first-best level of money creation and lending when prices are flexible, regardless of the monet...

  9. Money and Design

    Directory of Open Access Journals (Sweden)

    Artur Borcuch

    2015-01-01

    Full Text Available The purpose of this article is to analyze the influence of the money design on willingness to make purchases. In this paper, we focus on three aspects that structure the relation between money and design: the link between design and finance (in general, determinants of design and perspective of currency design. The main research problem explored in this paper is: Does the money design have influence on the willingness to make purchases by employees/employers at design studios, design students and students of economics/management? The main hypothesis is as follows – the more experience in design practice, the more important is money design.

  10. Hume and Endogenous Money

    OpenAIRE

    Maria Pia Paganelli

    2006-01-01

    David Hume’s monetary theory has three standard yet inconsistent readings. As a forefather of the quantity theory of money, Hume sees money as neutral. As an inflationist, Hume sees an active positive role for monetary policy. As a monetarist, Hume sees an active positive role for monetary policy only in the short run. This paper reads Hume consistently instead by showing that for Hume money is endogenous and demand-driven. Hume would read the money equation in terms of reverse causation and ...

  11. Endogenous money supply and the business cycle

    OpenAIRE

    William T. Gavin; Finn E. Kydland

    1996-01-01

    This paper documents changes in the cyclical behavior of nominal data series that appear after 1979:Q3 when the Federal Reserve implemented a policy to lower the inflation rate. Such changes were not apparent in real variables. A business cycle model with impulses to technology and a role for money is used to show how alternative money supply rules are expected to affect observed business cycle facts. In this model, changes in the money supply rules have almost no effect on the cyclical behav...

  12. Money creation and circulation in a credit economy

    Science.gov (United States)

    Xiong, Wanting; Fu, Han; Wang, Yougui

    2017-01-01

    This paper presents a multi-agent model describing the main mechanisms of money creation and money circulation in a credit economy. Our special attention is paid to the role of debt in the two processes. With the agent-based modeling approach, macro phenomena are well founded in micro-based causalities. A hypothetical economy composed of a banking system and multiple traders is proposed. Instead of being a pure financial intermediary, the banking system is viewed as the center of money creation and an accelerator of money circulation. Agents finance their expenditures not only by their own savings but also through bank loans. Through mathematical calculations and numerical simulation, we identify the determinants of money multiplier and those of velocity of money. In contrast to the traditional money creation model, the money multiplier is determined not only by the behavior of borrowing but also by the behavior of repayment as well. The velocity of money is found to be influenced by both money-related factors such as the expenditure habits of agents with respect to their income and wealth and debt-related factors such as borrowing and repayment behaviors of debtors and the reserve requirements faced by banks.

  13. An analysis of the inter-relationship between savings product usage ...

    African Journals Online (AJOL)

    products such as savings accounts, money market investments and fixed deposits ... financial services, satisfaction, SERVQUAL, marginal utility, savings ... they were being exploited by their financial advisors, who were receiving commission.

  14. Using learning curves on energy-efficient technologies to estimate future energy savings and emission reduction potentials in the U.S. iron and steel industry

    Energy Technology Data Exchange (ETDEWEB)

    Karali, Nihan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Park, Won Young [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); McNeil, Michael A. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2015-06-18

    Increasing concerns on non-sustainable energy use and climate change spur a growing research interest in energy efficiency potentials in various critical areas such as industrial production. This paper focuses on learning curve aspects of energy efficiency measures in the U.S iron and steel sector. A number of early-stage efficient technologies (i.e., emerging or demonstration technologies) are technically feasible and have the potential to make a significant contribution to energy saving and CO2 emissions reduction, but fall short economically to be included. However, they may also have the cost effective potential for significant cost reduction and/or performance improvement in the future under learning effects such as ‘learning-by-doing’. The investigation is carried out using ISEEM, a technology oriented, linear optimization model. We investigated how steel demand is balanced with/without the availability learning curve, compared to a Reference scenario. The retrofit (or investment in some cases) costs of energy efficient technologies decline in the scenario where learning curve is applied. The analysis also addresses market penetration of energy efficient technologies, energy saving, and CO2 emissions in the U.S. iron and steel sector with/without learning impact. Accordingly, the study helps those who use energy models better manage the price barriers preventing unrealistic diffusion of energy-efficiency technologies, better understand the market and learning system involved, predict future achievable learning rates more accurately, and project future savings via energy-efficiency technologies with presence of learning. We conclude from our analysis that, most of the existing energy efficiency technologies that are currently used in the U.S. iron and steel sector are cost effective. Penetration levels increases through the years, even though there is no price reduction. However, demonstration technologies are not economically

  15. Myths and Maths of Water Efficiency: An Analytical Framework to Assess the Real Outcome of Water Saving Technologies in Irrigation

    OpenAIRE

    Gomez Gomez, Carlos Mario; Perez Blanco, Carlos Dionisio

    2013-01-01

    Greening the economy is mostly about improving water governance and not only about putting the existing resource saving technical alternatives into practice. Focusing in the second and forgetting the first risks finishing with a highly efficient use of water services at the level of each individual user but demanding an unsustainable amount of water for the entire economy. This might be happening already in many places with the so-called modernization of irrigated agriculture: the world’s lar...

  16. Combinatorial Auctions without Money

    Science.gov (United States)

    2014-05-01

    istence of thresholds (a.k.a., critical prices) (for every set). The result in Theorem 3.4 relates to the characterization of truthful CAs with money and no...with money and no verification, each bidder optimizes her valu- ation minus the critical price over all her demanded sets; in the setting without money...auctions. ICALP, pp. 90-101, 2010. [2] P. Briest, P. Krysta, and B. Vöcking. Approximation techniques for utilitarian mechanism design. STOC, pp. 39-48

  17. Aggregate Uncertainty, Money and Banking

    OpenAIRE

    Hongfei Sun

    2006-01-01

    This paper studies the problem of monitoring the monitor in a model of money and banking with aggregate uncertainty. It shows that when inside money is required as a means of bank loan repayment, a market of inside money is entailed at the repayment stage and generates information-revealing prices that perfectly discipline the bank. The incentive problem of a bank is costlessly overcome simply by involving inside money in repayment. Inside money distinguishes itself from outside money by its ...

  18. Energy-saving chlorine production. Chlor-alkali electrolysis using innovative cathode technology; Energiesparende Chlorpoduktion. Chlor-Alkali-Elektrolyse mit innovativer Kathoden-Technologie

    Energy Technology Data Exchange (ETDEWEB)

    Woltering, Peter; Hofmann, Philipp; Funck, Frank; Kiefer, Randolf; Baeumer, Ulf-Steffen; Donst, Dmitri; Schmitt, Carsten [Thyssen Krupp Uhde GmbH, Dortmund (Germany)

    2013-11-01

    Chlorine is used in the synthesis of almost two thirds of all chemical products. Producing chlorine from salt by electrolysis is a very energy-intensive process. Through their joint venture UHDENORA S.p.A., ThyssenKrupp Uhde and Industrie De Nora S.p.A. have played a major part in the development of a globally available technology that can produce chlorine using up to 30 percent less energy than conventional processes. It uses oxygen depolarized cathode technology with an innovative new cathode chamber design in an Uhde single-cell element. In Germany alone, converting all existing plants to the new technology would save enough electricity to power a city the size of Cologne. (orig.)

  19. Itinerancy of money

    Science.gov (United States)

    Yasutomi, Ayumu

    2003-09-01

    Previously, I studied [Physica D 82, 180-194 (1995)] the emergence and collapse of money in a computer simulation model. In this paper I will revisit the same topic, building a model in the same line. I discuss this problem from the viewpoint of chaotic itinerancy. Money is the most popular system for evading the difficulty of exchange under division of labor. It emerges autonomously from exchanges among selfish agents which behave as automata. And such emergent money collapses autonomously. I describe money as a structure in economic space, explaining its autonomous emergence and collapse as two phases of the same phenomenon. The key element in this phenomenon is the switch of the meaning of strategies. This is caused by the drastic change of environment caused by the emergence of a structure. This dynamics shares some aspects with chaotic itinerancy.

  20. Time, money, and morality.

    Science.gov (United States)

    Gino, Francesca; Mogilner, Cassie

    2014-02-01

    Money, a resource that absorbs much daily attention, seems to be involved in much unethical behavior, which suggests that money itself may corrupt. This research examined a way to offset such potentially deleterious effects-by focusing on time, a resource that tends to receive less attention than money but is equally ubiquitous in daily life. Across four experiments, we examined whether shifting focus onto time can salvage individuals' ethicality. We found that implicitly activating the construct of time, rather than money, leads individuals to behave more ethically by cheating less. We further found that priming time reduces cheating by making people reflect on who they are. Implications for the use of time primes in discouraging dishonesty are discussed.

  1. China's 'Hot Money' Problems

    National Research Council Canada - National Science Library

    Martin, Michael F; Morrison, Wayne M

    2008-01-01

    .... The recent large inflow of financial capital into China, commonly referred to as "hot money," has led some economists to warn that such flows may have a destabilizing effect on China's economy...

  2. A meme for money

    OpenAIRE

    Wray, L. Randall

    2012-01-01

    This paper argues that the usual framing of discussions of money, monetary policy, and fiscal policy plays into the hands of conservatives. That framing is also largely consistent with the conventional view of the economy and of society more generally. To put it the way that economists usually do, money "lubricates" the market mechanism-a good thing, because the conventional view of the market itself is overwhelmingly positive. Acknowledging the work of George Lakoff, this paper takes the pos...

  3. Money market futures

    OpenAIRE

    Anatoli Kuprianov

    1992-01-01

    Virtually all financial innovation in the U.S. money market during the past 20 years has centered on interest rate derivatives, including futures and swaps. Furthermore, money market futures--especially futures contracts on Eurodollar time deposits--have been at the vanguard of the recent explosion of trading activity in interest rate derivatives. While futures markets traditionally have been viewed as markets for the transfer of price risk, recent research shows that they may serve other imp...

  4. Saving water to save the environment: Contrasting the effectiveness of environmental and monetary appeals in a residential water saving intervention

    NARCIS (Netherlands)

    Tijs, M.S.; Karremans, J.C.T.M.; Veling, H.P.; Lange, M.A. de; Meegeren, P. van; Lion, R.

    2017-01-01

    To convince people to reduce their energy consumption, two types of persuasive appeals often are used by environmental organizations: Monetary appeals (i.e., 'conserving energy will save you money') and environmental appeals (i.e., 'conserving energy will protect the environment'). In this field

  5. Pay Yourself First. FDIC Money Smart Financial Education Curriculum = Paguese Usted Primero. FDIC Money Smart Plan de Educacion para Capacitacion en Finanzas.

    Science.gov (United States)

    Federal Deposit Insurance Corp., Washington, DC.

    This module on why one should save is one of ten in the Money Smart curriculum, and includes an instructor guide and a take-home guide. It was developed to help adults outside the financial mainstream enhance their money skills and create positive banking relationships. It is designed to enable participants to recognize the importance of saving…

  6. Case Study – Idling Reduction Technologies for Emergency Service Vehicles

    Energy Technology Data Exchange (ETDEWEB)

    Laughlin, Michael [Argonne National Lab. (ANL), Argonne, IL (United States); Owens, Russell J. [Argonne National Lab. (ANL), Argonne, IL (United States)

    2016-01-01

    This case study explores the use of idle reduction technologies (IRTs) on emergency service vehicles in police, fire, and ambulance applications. Various commercially available IRT systems and approaches can decrease, or ultimately eliminate, engine idling. Fleets will thus save money on fuel, and will also decrease their criteria pollutant emissions, greenhouse gas emissions, and noise.

  7. Finding Savings in Community Use of Schools

    Science.gov (United States)

    Gandy, Julia

    2013-01-01

    This article reports on the growing challenge of managing community groups using educational facilities for meetings, athletics, and special events. It describes how, by using an online scheduling software program, one school district was able to track payments and save time and money with its event and facility scheduling process.

  8. Government, Money, and International Politics

    OpenAIRE

    Hoppe, Hans-Hermann

    2003-01-01

    In this paper, the author deals with: (1) Definition of government; incentive structure under government: taxation, war and territorial expansion. (2) Origin of money; government and money; the devolution of money from commodity to fiat money. (3) International politics and monetary regimes; monetary imperialism and the drive toward a one-world central bank and fiat currency.

  9. Sustainability/Logistics-Basing Science and Technology Objective - Demonstration; Demonstration #2 - 300-Person Camp Demonstration

    Science.gov (United States)

    2017-09-04

    Air conditioner (Figure 10) As part of this project, a hygiene (shower/latrine), waste management or repurposing, and laundering module was...draws out what it needs.” One Soldier said this system “is going to save money and lives.” The Soldiers suggested making the system cheaper and...recon and where extra money is worth it.” Although the Soldiers thought the technology could be made lighter and smaller, they believed the NPC could

  10. Energy Savers: Tips for Saving Energy and Money at Home

    International Nuclear Information System (INIS)

    Jones, J.

    2000-01-01

    The Department of Energy of the United States of America works to guarantee provisions of safe energy, reliable and economically accessible to support to one developing economy and to protect the atmosphere. These suggestions and ideas to increase the energy efficiency in their house represent simple ways in which our citizens can contribute to preserve the atmosphere at world-wide level, to reduce the level of contamination of the air and to reserve our natural resources for future generations.[Spanish] El Departamento de Energa de los Estados Unidos de America trabaja para garantizar suministros de energa seguros, confiables y econmicamente accesibles para apoyar a una economa en desarrollo y proteger el medio ambiente. Estas sugerencias e ideas para aumentar la eficiencia energetica en su casa representan maneras sencillas en que nuestros ciudadanos pueden contribuir a preservar el medio ambiente a nivel mundial, a reducir el nivel de contaminacin del aire y a reservar nuestros recursos naturales para las generaciones futuras

  11. Attention to state, local taxes can save producers money

    International Nuclear Information System (INIS)

    Eggett, R.K.

    1997-01-01

    A constant challenge for independent oil and gas producers in the US is taxes. While the federal income tax code undergoes periodic revision, with much sound and fury attached to congressional and presidential action, state and local taxes are constantly being revised with little fanfare and little publicity. As an independent producer, one should pay close attention to these taxes because, in the aggregate, businesses pay considerably more to state and local jurisdictions in income, sales and use, and property taxes than they pay to the federal government in income tax. More than 85,000 taxing jurisdictions in the US impose a variety of taxes in a variety of ways, and your company's operations may span a number of them. The goal is to lower one's overall effective rate--the percentage of income one is paying to state and local governments. This article will explore some of the issues raised by the major taxes for which one is responsible

  12. 5 Ways to Save Students--And Money

    Science.gov (United States)

    Ravage, Barbara

    2012-01-01

    For students, the financial ramifications of not graduating are eye-opening: Over the course of their lifetimes, students without a degree will earn an average of $800,000 less than their cap-and-gown brethren, according to the nonprofit College Board. The number is even more depressing in light of another statistic: In 2009, only 55 percent of…

  13. Prevention: a key component to saving lives and money.

    Science.gov (United States)

    Brown, Steve

    2009-03-01

    It's no mystery that one of the chief culprits to our current economic crisis is skyrocketing costs of providing health care, particularly to our nation's growing baby boom population. This makes the case all the more compelling to practice as much preventative care as possible to avoid a myriad of conditions that could lead to lengthy and costly hospital stays, and potentially even death.

  14. Which types of hospital mergers save consumers money?

    Science.gov (United States)

    Connor, R A; Feldman, R D; Dowd, B E; Radcliff, T A

    1997-01-01

    This study analyzes the changes in costs and prices from 1986 to 1994 for more than 3,500 U.S. short-term general hospitals, including 122 horizontal mergers. These mergers were generally financially beneficial to consumers, providing average price reductions of approximately 7 percent. Merger-related price reductions were considerably less in market areas with higher market concentration levels. Merger-related price reductions in areas with higher penetration by health maintenance organizations (HMOs) were approximately twice those in areas with lower HMO penetration. Merger-related price reductions were greater for low-occupancy hospitals, nonteaching hospitals, nonsystem hospitals, similar-size hospitals, and hospitals with greater premerger service duplication.

  15. Ergonomics: A Commonsense Activity That Can Save Schools Money.

    Science.gov (United States)

    Fleer, Paul; Gauthier-Green, Erin

    2002-01-01

    Describes the use of ergonomics to reduce work-related musculoskeletal disorders such as back pain, tendonitis, and carpal tunnel syndrome. Describes ergonomics and how to identify ergonomic problems, conduct a job hazard analysis, and develop solutions. Also lists common ergonomic errors in schools. Provides an ergonomic checklist for employees…

  16. Do Joint Fighter Programs Save Money? Technical Appendixes on Methodology

    Science.gov (United States)

    2013-01-01

    Bookstore Make a charitable contribution Limited Electronic Distribution Rights This document and trademark(s) contained herein are protected by...research clients and sponsors. Support RAND—make a tax-deductible charitable contribution at www.rand.org/giving/contribute.html R® is a registered...Evidence, Organisation for Economic Co-Operation and Development, Economics Department Working Paper 317, January 17, 2002. Anderson, Fred, Northrop

  17. The difference between drug money and a "lifetime's savings".

    Science.gov (United States)

    Ebejer, Karl A; Winn, Jane; Carter, James F; Sleeman, Richard; Parker, Jill; Körber, Fritjof

    2007-04-11

    In many countries, monies suspected of being associated with drug trafficking can be seized by the authorities. One of the ways of investigating this association is through the analysis of seized banknotes for traces of controlled drugs. We report three studies which may assist the expert in assessing whether banknotes contaminated with diamorphine are part of the general population of notes in circulation or whether they show unusual contamination patterns which require explanation. Study 1 is based on three plausible contamination scenarios as they may occur during the various stages of an illicit drug transaction and seizure. It shows that notes which have been in direct contact with visible traces of diamorphine show significantly higher contamination to those in more indirect contact with the drug. Study 2 investigates the transfer of diamorphine from one highly contaminated note to other notes in a bundle over a period of 10 weeks with and without agitation. It was found that the total amount of drug transferred was smaller than 6% and no more than 4 out of a bundle of 10 previously clean notes became lightly contaminated. Based on extensive background data, study 3 proposes a probabilistic model to assess whether an observed proportion of diamorphine bearing banknotes is likely to have been contaminated by chance. The model predicts that there is only a 0.3% chance that a bundle of 100 notes from the general banknote population contains more than six contaminated specimens. Jointly, the three studies give useful indications for the spread of contamination throughout a sample and the amounts of heroin which may be expected given plausible contamination scenarios.

  18. Would a Draft Save the Navy Money? A New Look.

    Science.gov (United States)

    1983-07-01

    34 - "’ -" .. . ." .. ." . . . . . . AMPOVED FOR PUBLIC RELEASE; DIOMRUTION UNLIMITED Work conducted under contrac N00014-76COOO1 This Researc Contribution does not...such as training and experience. The response to that argument is that the market should have delivered this information to applicants anyway. But...this is not fully persuasive. The market is not perfect, and, after all, the empirical evidence thus far is that first-term wages are higher, and

  19. Five Smart Ways Educators Can Save Money on Benefit Costs

    Science.gov (United States)

    McCullough, Pat

    2012-01-01

    State and local governments today face significant financial stress from the most recent recession, which makes their need to control benefit costs even greater. Revenues declined 22% from 2008 to 2009, mostly because of reduced tax income. At the same time, state and local government spending on unemployment compensation jumped 86%. It is no…

  20. Save money the easy way with bio-control

    Science.gov (United States)

    Sweet potato whitefly is a key insect pests affecting cotton and many other agronomic and horticultural crops in the southwestern U.S. Prior research has shown that arthropod natural enemies, particularly predators, can have a significant impact on whitefly population dynamics and can regulate popul...

  1. ENDOGENEITY OF INDONESIAN MONEY SUPPLY

    OpenAIRE

    Rachma, Meutia Safrina

    2011-01-01

    There has been a long debate about the endogeneity of money supply. The main objective of this article is to identify whether money supply in Indonesia is an exogenous or an endogenous variable. Using a Vector Autoregressive model and monthly data 1997(5)-2010(6), the estimation result shows that money supply in Indonesia is an endogenous variable. The movement of broad money supply does influence the movement of base money and Consumer Price Index. Consequently, the central bank does not hav...

  2. Endogeneity Of Indonesian Money Supply

    OpenAIRE

    Rachma, Meutia Safrina

    2010-01-01

    There has been a long debate about the endogeneity of money supply. The main objective of this article is to identify whether money supply in Indonesia is an exogenous or an endogenous variable. Using a Vector Autoregressive model and monthly data 1997(5)-2010(6), the estimation result shows that money supply in Indonesia is an endogenous variable. The movement of broad money supply does influence the movement of base money and Consumer Price Index. Consequently, the central bank does not hav...

  3. Money Inventories in Search Equilibrium

    OpenAIRE

    Berentsen, Aleksander

    1998-01-01

    The paper relaxes the one unit storage capacity imposed in the basic search-theoretic model of fiat money with indivisible real commodities and indivisible money. Agents can accumulate as much money as they want. It characterizes the stationary distributions of money and shows that for reasonable parameter values (e.g. production cost, discounting, degree of specialization) a monetary equilibrium exists. There are multiple stationary distributions of a given amount of money, which differ in t...

  4. THE PUZZLE OF SIMULTANEOUS SAVINGS AND DEBTS

    Directory of Open Access Journals (Sweden)

    RODICA IANOLE

    2012-05-01

    Full Text Available „Neither a borrower nor a lender be” recommends Shakespeare in Hamlet. The advice seems particularly interesting in nowadays society where a person can be easily found in both approximate situations, in the same time. It goes without saying that saving and borrowing do not describe mutually exclusive strategies of financial management and thus many people retain savings or carry on saving at the same time as having debts. We add to this fact a more pragmatically wisdom, the one of the economist Robert Solow -“We (economists think of wealth as fungible; we think a dollar is a dollar. Why don't they (the others do so?” (Solow, 1987 – and we naturally ask ourselves if the mechanism of having simultaneous savings and debts is a rational one, according to traditional economics.Making appeal to the emerging body of behavioral economics literature we reach to the mental accounting theory to see if it can explain savings inclination versus debt inclination. The main research question we want to explore is the following: if mental accounting prevents people from spending money from one „mental account” on goods belonging to another one, will people – after using all their money from a given account – be willing to go into debt to buy goods belonging to this account in a situation when they still have money in other accounts?

  5. Time versus money.

    Science.gov (United States)

    Monga, Ashwani; Zor, Ozum

    2018-04-21

    Consumers are known to spend both time and money. These two resources are often seen as economically comparable because the value of one's time can be equated to a monetary amount, such as one's wage rate. Recent research suggests that even when time and money are economically equivalent, they are psychologically different. We discuss how time (versus money) leads to decision making that is more heuristic rather than systematic, to an orientation that is more emotional rather than value-maximizing, to a thinking process that is more holistic rather than analytic, and to a mindset that is more abstract rather than concrete. Implications arise for a variety of domains such as consumer search, happiness, product evaluation, and charitable giving. Copyright © 2018 Elsevier Ltd. All rights reserved.

  6. Finally clarity when energy saving; Endlich Klarheit beim Energiesparen

    Energy Technology Data Exchange (ETDEWEB)

    Anon.

    2012-07-01

    How much money do users in mechanical engineering and plant construction save in the implementation of energy efficiency measures? What actions bring which savings? Festo AG and Co. KG (Esslingen, Federal Republic of Germany) provides answers to these questions in terms of the pneumatic control system.

  7. Money Supply as the Target of the Central Bank

    Directory of Open Access Journals (Sweden)

    Jędruchniewicz Andrzej

    2014-06-01

    Full Text Available The main purpose of the article is a critical analysis of the monetary policy strategy that is based on the adoption of money supply as an intermediate target. The analysis is conducted from the perspective of the theory of the Austrian school. The first part of the article presents an influence of the supply of money on changes of categories in economy according to mainstream theories of economics. The second part discusses the essence of the strategy of monetary policy using money supply as an intermediate target from the point of view of the main trend in economics. It is demonstrated that in order to use it, two elementary conditions must be met: the function of demand for money must be at least relatively stable and the central bank must practically shape changes in the money supply at the planned level. The third part is of key importance for the purpose of this article. It involves the criticism of Friedman’s principle, i.e. a constant increase in money supply as a monetary strategy. According to the Austrian theory, an increase in the quantity of money which is not financed by voluntary savings separates the time structure of production and consumption. Thus, after the period of prosperity there a collapse in production must take place. It is also pointed out that the crisis can be postponed only when the quantity of money increases at an ever faster rate.

  8. On Understanding Money

    OpenAIRE

    Martin Shubik

    2001-01-01

    Fiat money is a creation of both the state and society. Its value is supported by expectations which are conditioned by the dynamics of trust in government, the socio-economic structure and by outside events such as wars, plagues or political unrest. The micro-management of a dynamic economy is not far removed in difficulty from the micro-management of the weather. However, money and the financial institutions and instruments of a modern economy provide the means to influence expectations and...

  9. Does diabetes disease management save money and improve outcomes? A report of simultaneous short-term savings and quality improvement associated with a health maintenance organization-sponsored disease management program among patients fulfilling health employer data and information set criteria.

    Science.gov (United States)

    Sidorov, Jaan; Shull, Robert; Tomcavage, Janet; Girolami, Sabrina; Lawton, Nadine; Harris, Ronald

    2002-04-01

    Little is known about the impact of disease management programs on medical costs for patients with diabetes. This study compared health care costs for patients who fulfilled health employer data and information set (HEDIS) criteria for diabetes and were in a health maintenance organization (HMO)-sponsored disease management program with costs for those not in disease management. We retrospectively examined paid health care claims and other measures of health care use over 2 years among 6,799 continuously enrolled Geisinger Health Plan patients who fulfilled HEDIS criteria for diabetes. Two groups were compared: those who were enrolled in an opt-in disease management program and those who were not enrolled. We also compared HEDIS data on HbA(1c) testing, percent not in control, lipid testing, diabetic eye screening, and kidney disease screening. All HEDIS measures were based on a hybrid method of claims and chart audits, except for percent not in control, which was based on chart audits only. Of 6,799 patients fulfilling HEDIS criteria for the diagnosis of diabetes, 3,118 (45.9%) patients were enrolled in a disease management program (program), and 3,681 (54.1%) were not enrolled (nonprogram). Both groups had similar male-to-female ratios, and the program patients were 1.4 years younger than the nonprogram patients. Per member per month paid claims averaged 394.62 dollars for program patients compared with 502.48 dollars for nonprogram patients (P 9.5%, as compared with 79 of 548 (14.4%) nonprogram patients. In this HMO, an opt-in disease management program appeared to be associated with a significant reduction in health care costs and other measures of health care use. There was also a simultaneous improvement in HEDIS measures of quality care. These data suggest that disease management may result in savings for sponsored managed care organizations and that improvements in HEDIS measures are not necessarily associated with increased medical costs.

  10. Keynes's Lost Distinction Between Industrial and Financial Circulation of Money

    DEFF Research Database (Denmark)

    Jespersen, Jesper

    2010-01-01

    Although financial circulation is an important part of banks' balance sheets in the form of savings deposits, this is hardly discussed in monetary circuit theory. In this paper, we argue that monetary circuit theory would be more coherent if it were expanded to incorporate some aspects of Keynes...... in his Treatise on Money....

  11. Differential time preferences for money and quality of life

    NARCIS (Netherlands)

    Parouty, M. B. Y.; Le, Hoa; Krooshof, D.; Postma, M. J.

    Background This study provides an empirical investigation into differential time preferences between money and quality of life. Thus far, time preference investigations in health have mostly involved life-years gained and lives saved. However, the quality-adjusted life-year, which is recommended by

  12. Teaching Time Value of Money Using an Excel Retirement Model

    Science.gov (United States)

    Arellano, Fernando; Mulig, Liz; Rhame, Susan

    2012-01-01

    The time value of money (TVM) is required knowledge for all business students. It is traditionally taught in finance and accounting classes for use in various applications in the business curriculum. These concepts are also very useful in real life situations such as calculating the amount to save for retirement. This paper details a retirement…

  13. Disk Rock Cutting Tool for the Implementation of Resource-Saving Technologies of Mining of Solid Minerals

    Science.gov (United States)

    Manietyev, Leonid; Khoreshok, Aleksey; Tsekhin, Alexander; Borisov, Andrey

    2017-11-01

    The directions of a resource and energy saving when creating a boom-type effectors of roadheaders of selective action with disc rock cutting tools on a multi-faceted prisms for the destruction of formation of minerals and rocks pricemax are presented. Justified reversing the modes of the crowns and booms to improve the efficiency of mining works. Parameters of destruction of coal and rock faces by the disk tool of a biconical design with the unified fastening knots to many-sided prisms on effectors of extraction mining machines are determined. Parameters of tension of the interfaced elements of knots of fastening of the disk tool at static interaction with the destroyed face of rocks are set. The technical solutions containing the constructive and kinematic communications realizing counter and reverse mode of rotation of two radial crowns with the disk tool on trihedral prisms and cases of booms with the disk tool on tetrahedral prisms in internal space between two axial crowns with the cutter are proposed. Reserves of expansion of the front of loading outside a table of a feeder of the roadheader of selective action, including side zones in which loading corridors by blades of trihedral prisms in internal space between two radial crowns are created are revealed.

  14. Saving Earth

    NARCIS (Netherlands)

    Zwier, J.; Blok, V.

    2017-01-01

    In this paper, we argue that the Anthropocene is relevant for philosophy of technology because it makes us sensitive to the ontological dimension of contemporary technology. In §1, we show how the Anthropocene has ontological status insofar as the Anthropocenic world appears as managerial resource

  15. Follow The Money

    DEFF Research Database (Denmark)

    Batikas, Michail; Claussen, Jörg; Peukert, Christian

    Online copyright enforcement, in the form of either direct action against the supply- side (via website shutdowns) or the demand-side (via individual lawsuits against users), has not been very effective in reducing piracy. Regulators have therefore put forward the so called “follow the money...

  16. Monetary policy and the transaction role of money in the United States

    NARCIS (Netherlands)

    Kriwoluzky, A.; Stoltenberg, C.A.

    2012-01-01

    We argue that the declining importance of money in saving transaction costs can explain the well-known fact that U.S. interest rate policy was passive in the pre-Volcker period and active after 1982. To identify the declining role of money in transactions as the driving force for the change in

  17. Ownership, competition, and the adoption of new technologies and cost-saving practices in a fixed-price environment.

    Science.gov (United States)

    Hirth, R A; Chernew, M E; Orzol, S M

    2000-01-01

    Advances in medical technology have been implicated as the primary cause of rising health care expenditures. It is not yet known whether the increasing prevalence of managed care mechanisms, particularly capitation, will change substantially incentives for acquiring and using cost-increasing innovations. We examined the decisions of dialysis units (a set of providers that has faced capitation and real decreases in payment for several decades) with respect to use of cost-increasing technologies that enhance quality of care, cost-cutting practices that reduce quality of care, and amenities desired by patients that are unrelated to quality of care. We found that the dialysis payment system does not appear to have blocked access to a number of new, quality-enhancing technologies that were developed in the 1980s. However, facilities made adjustments along other valuable margins to facilitate adoption of these technologies; use of new technologies varied with numerous facility, regulatory, and case-mix characteristics including ownership, chain membership, size, market competition, and certificate of need programs. Interestingly, the trade-offs made by for-profit and nonprofit facilities when faced with fixed prices appeared quite different. For-profits tended to deliver lower technical quality of care but more amenities, while nonprofits favored technical quality of care over amenities. Our findings may have implications for the response of other types of health care providers to capitation and increasing economic constraints.

  18. Energy, Pollutant Emissions and Other Negative Externality Savings from Curbing Individual Motorized Transportation (IMT: A Low Cost, Low Technology Scenario Analysis in Brazilian Urban Areas

    Directory of Open Access Journals (Sweden)

    Ursula Maruyama

    2012-03-01

    Full Text Available This article examines the inefficient use of resources in the Brazilian transportation system. The energy use growth and external cost generation in this essential economic sector are considerable, and the trend is towards an increasing problem in the coming years. The continued expansion of Brazilian cities and the increase in demand for mobility is a result of a substantial growth in the number of road transport users, as increased earnings enable lower income groups to acquire and use individual motorized means of transport. The aim of this paper is to estimate the potential gains from reducing individual motorized transport by the year 2020. This investigation concludes that in a conservationist scenario, by prioritizing low cost, low technology public policies—which include operation of Bus Rapid Transit systems, walking and cycling facilities and congestion charges, among others—it should be possible to save over USD 30 billion and USD 26 billion in external transportation and infrastructure costs, respectively, up to 2020. In addition, these public policies can save more than 35 million Tons of Oil Equivalents in energy consumption and avoid almost 4,000 thousand tons of local pollution emissions and 37,500 thousand tons of GHG emissions in the same period.

  19. Money illusion and coordination failure

    DEFF Research Database (Denmark)

    Fehr, Ernst; Tyran, Jean-Robert

    2007-01-01

    Economists long considered money illusion to be largely irrelevant. Here we show, however, that money illusion has powerful effects on equilibrium selection. If we represent payoffs in nominal terms, choices converge to the Pareto inferior equilibrium; however, if we lift the veil of money...... by representing payoffs in real terms, the Pareto efficient equilibrium is selected. We also show that strategic uncertainty about the other players' behavior is key for the equilibrium selection effects of money illusion: even though money illusion vanishes over time if subjects are given learning opportunities...... in the context of an individual optimization problem, powerful and persistent effects of money illusion are found when strategic uncertainty prevails...

  20. Anti-money laundering regulations and the effective use of mobile ...

    African Journals Online (AJOL)

    Potchefstroom Electronic Law Journal/Potchefstroomse Elektroniese Regsblad ... Mobile financial services, specifically mobile money, has the potential to expand ... controls regarding money or value transfer services and new technologies.

  1. The Development of Anti-Money Laundering Regime: Challenging issues to sovereignty, jurisdiction, law enforcement, and their implications on the effectiveness in countering money laundering

    NARCIS (Netherlands)

    H. Amrani (Hanafi)

    2012-01-01

    textabstractThere is a relationship between money laundering and anti-money laundering regime (hereinafter referred to as ‘AML-regime’). On the one hand, money laundering has significantly increased following the development of technology that offers complicated, sophisticated, and professional

  2. Market-pull report. Measures on the demand side accelerate development and market introduction of energy-saving technologies. Swiss examples in the international context

    International Nuclear Information System (INIS)

    Bachmann, C.; Aebischer, B.

    1995-09-01

    International Energy Agency (IEA) experts met in Zurich in order to further develop international projects for the coordinated procurement of energy-saving technologies. On the occasion of this meeting, Swiss specialists from business and administrative circles presented examples of how the market can be purposefully influenced by implementing measures on the demand side. In order to ensure success, it is vital that all parties concerned - from the manufacturers to the consumers - are taken into account, and that tools are applied that have been adapted to each individual market. An international coordination of activities that are aimed at bringing about a change in procurement behaviour contributes considerably to an acceleration of the various processes. For the manufacturers, most of whom are active on an international level, it becomes simpler and more worthwhile to react. This applies in particular when instruments such as quality seals (labels) and target values are applied. (author) figs., tabs

  3. Announcement of the new version of guidelines for supporting the accelerated market introduction of energy-saving technologies and products. May 22, 1979

    Energy Technology Data Exchange (ETDEWEB)

    1979-05-01

    For an accelerated market introduction of newly- or further-developed products and methods for rational energy application (projects), companies located in the Fed. Rep. of Germany can be granted funds from the Federal Government according to these guidelines and the household means available; introduction into the market without public help is not possible at all, or only with considerable delay, because of high financial risks. The financial support can be granted to those only who undertake the accelerated introduction of products and methods for rational energy application. Projects started before application cannot be promoted. As far as in a project the pre-conditions set by these guidelines and the guidelines for the Federal Programme for 'Promotion of technological innovations and the development necessary for this' are fulfilled, support takes precedence over other points due to these guidelines, if the project is planned for energy saving only.

  4. Saving money vs investing money: Do energy ratings influence consumer demand for energy efficient goods?

    International Nuclear Information System (INIS)

    Panzone, Luca A.

    2013-01-01

    The article analyses economic barriers leading to the energy efficiency gap in the market for energy-using products by observing several million transactions in the UK over two years. The empirical exercise estimates AIDS models for refrigerators, washing machines, TVs, and light bulbs. Results indicate that market barriers are crucial in the demand for energy efficient options, and consumer response to changes in appliance prices, total expenditures, and energy prices depends on the possibility of behavioural adjustments in consumption. In contrast with the induced innovation hypothesis, current electricity prices can fail to induce innovation because of their short-term impact on disposable income, while consumers invest in energy efficiency when expecting electricity prices to rise in the future. - Highlights: • The article analyses economic barriers to energy efficiency in the UK. • Data refers to 2-year sales of refrigerators, washing machines, TV, and light bulbs. • Demand parameters by efficiency rating are estimated from four AIDS models. • Future (not present) electricity prices induce investments in energy efficiency. • Behavioural efficiency adjustments explain differences in market response

  5. ENDOGENEITY OF INDONESIAN MONEY SUPPLY

    Directory of Open Access Journals (Sweden)

    Meutia Safrina Rachma

    2011-09-01

    Full Text Available There has been a long debate about the endogeneity of money supply. The main objective of this article is to identify whether money supply in Indonesia is an exogenous or an endogenous variable. Using a Vector Autoregressive model and monthly data 1997(5-2010(6, the estimation result shows that money supply in Indonesia is an endogenous variable. The movement of broad money supply does influence the movement of base money and Consumer Price Index. Consequently, the central bank does not have control power on money supply. The bank is only able to maintain the stability and control the movement of broad money supply. Keywords: Endogenous variable, money supply, vector autoregressionJEL classification numbers: E51, E52, E58

  6. Economical and Energy Efficiency of Iron and Steel Industry Reindustrialisation in Russia Based on Implementation of Breakthrough Energy-Saving Technologies

    Science.gov (United States)

    Shevelev, L. N.

    2017-12-01

    Estimates were given of economical and energy efficiency of breakthrough energy-saving technologies, which increase competitive advantages and provide energy efficiency of production while reducing negative impact on the environment through reduction of emissions of harmful substances and greenhouse gases in the atmosphere. Among these technologies, preference is given to the following: pulverized coal fuel, blast-furnace gas recycling, gasification of non-coking coal in bubble-type gas-generators, iron-ore concentrate briquetting with steam coal with further use of ore-coal briquettes in electric furnace steel making. Implementation of these technologies at iron and steel works will significantly reduce the energy intensity of production through reduction of expensive coking coal consumption by means of their substitution by less expensive non-coking (steam) coal, and natural gas substitution by own secondary energy resource, which is the reducing gas. As the result, plants will get an opportunity to become self-sufficient in energy-resources and free themselves entirely from expensive purchased energy resources (natural gas, electric power, and partially coking coals), and cross over to low-carbon development.

  7. Water-saving impacts of Smart Meter technology: An empirical 5 year, whole-of-community study in Sydney, Australia

    Science.gov (United States)

    Davies, Kirsten; Doolan, Corinna; van den Honert, Robin; Shi, Rose

    2014-09-01

    In 2009-2010 Sydney Water, the primary water utility in Sydney, conducted a comprehensive Smart Metering trial in residential homes in the suburb of Westleigh, in Sydney's north. The trial involved 1923 participants residing in 630 households. A whole-of-community method of engagement was applied to capture the views of residents from 12 to 70+ years of age. The trial examined the effects of the technology on the water consumption of an intervention group compared with that of a matched control group. After removing properties that had been sold since the beginning of the trial, properties in the study group were matched with a control group property on the basis of the household size, property size and the presence (or otherwise) of a swimming pool. The effects of the technology on consumption were measured and analyzed for the period July 2009 to June 2010, coupled with qualitative information that was collected throughout the duration of the study. A key finding was that households with the in-home display (IHD) installed, reduced their consumption by an average of over 6.8% over the study period when compared to the control group. Since completion of the study the community has not had any further interventions. The trial created an opportunity to examine the longer-term effects of the technology (June 2008 to September 2013). Consumption data collected over the 3 year posttrial period revealed that the participant group consumed 6.4% per month less water when compared to the pretrial period, whilst the matched control group consumed 1.3% per month more water when compared to the pretrial period. The reduced consumption of the participant group was maintained over time, demonstrating the long-term value of this technology.

  8. The Evolution of Paper Money

    OpenAIRE

    Levintal, Oren; Zeira, Joseph

    2009-01-01

    This paper tells the story of how paper money evolved as a result of lending by banks. While lending commodity money requires holding large reserves of commodity money to ensure liquidity, issuing convertible paper money reduces these costs significantly. The paper also examines the possibility of issuing inconvertible notes and shows that while they further reduce the cost of borrowing they also have adverse effects on the stability of the banking system. As a result, governments often inter...

  9. Money Laundering and its Regulation

    OpenAIRE

    Alberto E. Chong; Florencio López-de-Silanes

    2007-01-01

    The recent wave of terrorist attacks has increased the attention paid to money laundering activities. Using several methodologies, this paper investigates empirically the determinants of money laundering and its regulation in over 80 countries by assembling a cross-country dataset on proxies for money laundering and the prevalence of feeding activities. The paper additionally constructs specific money laundering regulation indices based on available information on laws and their mechanisms of...

  10. 31 CFR 351.66 - What book-entry Series EE savings bonds are included in the computation?

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false What book-entry Series EE savings... DEBT OFFERING OF UNITED STATES SAVINGS BONDS, SERIES EE Book-Entry Series EE Savings Bonds § 351.66 What book-entry Series EE savings bonds are included in the computation? (a) We include all bonds that...

  11. 31 CFR 351.60 - How are book-entry Series EE savings bonds purchased and held?

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false How are book-entry Series EE savings... OFFERING OF UNITED STATES SAVINGS BONDS, SERIES EE Book-Entry Series EE Savings Bonds § 351.60 How are book-entry Series EE savings bonds purchased and held? Book-entry bonds must be purchased and held online...

  12. Pennies from heaven? Conceptions and earmarking of lottery prize money.

    Science.gov (United States)

    Hedenus, Anna

    2014-06-01

    The source of money has been shown to be important for how money is spent. In addition, sudden wealth is often associated with social and psychological risks. This article investigates if conceptions of lottery prize money--as a special kind of money--imply restrictions on how it can be spent. Analysis of interviews with lottery winners shows that interviewees use earmarking of the prize money as a strategy for avoiding the pitfalls associated with a lottery win. Conceptions of lottery prize money as 'a lot' or as 'a little', as shared or personal, and as an opportunity or a risk, influences the ends for which it is earmarked: for self-serving spending, a 'normal' living standard, paying off loans, saving for designated purposes, or for economic security and independence. Clearly defining and earmarking lottery prize money thus helps lottery winners construe their sudden wealth, not as a risk, but as 'pennies from heaven.' © London School of Economics and Political Science 2014.

  13. The money mission matrix

    OpenAIRE

    Cuperus, Mirthe

    2017-01-01

    Social entrepreneurship is popular in current academics and other media. This thesis adds to this literature by discovering what the drivers are for sustainable social entrepreneurship. Several stakeholders were identified, creating profiles of the key players in social entrepreneurship. These stakeholders uncovered key factors that represent the drivers for sustainable social entrepreneurship. Key factors were then aligned along the two dimensions: Money and Mission. This crea...

  14. TIC and energy: Digital technologies and the environment; Understanding the energy challenges for technologies of information and communication; Data Centres; Energy savings and reduction of CO_2 emissions, objectives and action plan of the Orange Group

    International Nuclear Information System (INIS)

    Collet, Patrice; Gossart, Cedric; Garello, Rene; Richard, Philippe; Hauet, Jean-Pierre; Bourgoint, Jean-Claude; Zeddam, Ahmed

    2015-01-01

    This publication proposes a set of four articles which give an overview of the present situation of technologies of information and communication (TICs) in terms of energy consumption, and of their perspectives of evolution. More precisely, the authors propose an overview of negative and positive impacts of TICs on the environment (Digital technologies and the environment), discuss an analysis of energy consumption by the different components of the Internet (Understanding the energy challenges for technologies of information and communication), comment efforts which have been already achieved to reduce the energy consumed by data centre equipment (Data Centres), and present action developed and implemented by the Orange Group to manage its energy consumption in its networks and in its information system (Energy savings and reduction of CO_2 emissions, objectives and action plan of the Orange Group)

  15. Anti-Money Laundering Regulations And The Effective Use Of Mobile Money In South Africa – Part 2

    Directory of Open Access Journals (Sweden)

    Marike Kersop

    2015-12-01

    Full Text Available Mobile financial services, specifically mobile money, has the potential to expand access to financial services to millions of unbanked people in South Africa. As such, it looks very promising in terms of financial inclusion. However, concerns exist that mobile money can be detrimental to financial integrity since there are several proven risk factors linked to mobile financial services. These risk factors make mobile money very susceptible to money laundering. The potential for abuse and the need for appropriate controls is therefore something which cannot be ignored. While the South African legislator has made provision for comprehensive anti-money laundering preventative measures by means of the Financial Intelligence Centre Act 38 of 2001, there exists no South African legislation explicitly concerned with mobile money. It is therefore difficult to determine what the regulatory stance is in terms of mobile money in South Africa. The Financial Action Task Force (FATF is, however, currently focusing attention on the effect which mobile money may have on financial integrity. The latest FATF Recommendations make provision for several anti-money laundering controls which are specifically applicable to mobile money, including controls regarding money or value transfer services and new technologies. While it is always difficult to balance financial integrity and financial inclusion, the risk-based approach makes it possible for governments to implement effective anti-money laundering measures, thereby preserving financial integrity, without the need to compromise on financial inclusion objectives. The fact that South Africa has not fully adopted a risk-based approach is a problem which needs to be addressed if mobile money is to deliver on its promises for financial inclusion, without being detrimental to financial integrity

  16. You Owe It to Yourself: Boosting Retirement Saving with a Responsibility-Based Appeal

    Science.gov (United States)

    Bryan, Christopher J.; Hershfield, Hal E.

    2012-01-01

    Americans are not saving enough for retirement. Previous research suggests that this is due, in part, to people's tendency to think of the future self as more like another person than like the present self, making saving feel like giving money away rather than like investing in oneself. Using objective employer saving data, a field experiment…

  17. Poor Families Striving to Save in Matched Children's Savings Accounts: Findings from a Randomized Experimental Design in Uganda.

    Science.gov (United States)

    Karimli, Leyla; Ssewamala, Fred M; Neilands, Torsten B

    2014-12-01

    This study examines participants' savings in children's savings accounts (CSAs) set up for AIDS-orphaned children ages 10-15 in Uganda. Using a cluster randomized experimental design, we examine the extent to which families participating in a CSA program report more savings than their counterparts not participating in the program, explore the extent to which families who participate in the CSA program report using formal financial institutions compared with families who do not have a CSA, and consider whether families participating in the CSA program bring new money into the CSA or whether they reshuffle existing household assets. We find that participating in a CSA increased families' likelihood to report having saved money. However, our results show no intervention effect either on the amount of self-reported savings or on the likelihood of using formal financial institutions. Further research is needed to understand whether use of a CSA helps families generate new wealth.

  18. Poor Families Striving to Save in Matched Children’s Savings Accounts: Findings from a Randomized Experimental Design in Uganda

    Science.gov (United States)

    Karimli, Leyla; Ssewamala, Fred M.; Neilands, Torsten B.

    2014-01-01

    This study examines participants’ savings in children’s savings accounts (CSAs) set up for AIDS-orphaned children ages 10–15 in Uganda. Using a cluster randomized experimental design, we examine the extent to which families participating in a CSA program report more savings than their counterparts not participating in the program, explore the extent to which families who participate in the CSA program report using formal financial institutions compared with families who do not have a CSA, and consider whether families participating in the CSA program bring new money into the CSA or whether they reshuffle existing household assets. We find that participating in a CSA increased families’ likelihood to report having saved money. However, our results show no intervention effect either on the amount of self-reported savings or on the likelihood of using formal financial institutions. Further research is needed to understand whether use of a CSA helps families generate new wealth. PMID:25525282

  19. Public Schools and Money

    Science.gov (United States)

    Guthrie, James; Ettema, Elizabeth A.

    2012-01-01

    Education managers are typically inexperienced in and often reluctant to initiate cost-savings actions. Budget cuts may be poorly targeted, and students, particularly economically disadvantaged students, are swept up in the process as collateral damage. In California and Washington, bad budget cutting has already begun. Governors in these two…

  20. Nuclear recycling: costs, savings, and safeguards

    International Nuclear Information System (INIS)

    Spinrad, B.I.

    1985-01-01

    This chapter discusses the economics, physical and chemical processes, and safety of nuclear fuel recycling. The spent fuel must be chemically reprocessed in order to recover uranium and plutonium. Topics considered include indifference costs, recycling in light water reactors (LWRs), plutonium in fast reactors, the choice between recycling and storage, safeguards, and weapons proliferation. It is shown that the economics of recycling nuclear fuel involves the actual costs and savings of the recycling operation in terms of money spent, made, and saved, and the impact of the recycling on the future cost of uranium

  1. Saving Lives and Saving Money: The Role of North Carolina Health Departments in Medicaid Managed Care.

    Science.gov (United States)

    Bridger, Colleen M; Smith, Steven E; Saunders, Stacie Turpin

    2017-01-01

    A new Medicaid system is emerging in North Carolina in which accountable care organizations will aim to improve both the quality and value of health care. We explore how local health departments can apply their expertise in population health to help achieve these goals. ©2017 by the North Carolina Institute of Medicine and The Duke Endowment. All rights reserved.

  2. Policy Framework for Covering Preventive Services Without Cost Sharing: Saving Lives and Saving Money?

    Science.gov (United States)

    Chen, Stephanie C; Pearson, Steven D

    2016-08-01

    The US Affordable Care Act mandates that private insurers cover a list of preventive services without cost sharing. The list is determined by 4 expert committees that evaluate the overall health effect of preventive services. We analyzed the process by which the expert committees develop their recommendations. Each committee uses different criteria to evaluate preventive services and none of the committees consider cost systematically. We propose that the existing committees adopt consistent evidence review methodologies and expand the scope of preventive services reviewed and that a separate advisory committee be established to integrate economic considerations into the final selection of free preventive services. The comprehensive framework and associated criteria are intended to help policy makers in the future develop a more evidence-based, consistent, and ethically sound approach.

  3. Money or Education?

    DEFF Research Database (Denmark)

    Rytter, Mikkel

    2011-01-01

    Tracing life stories and family histories back to rural Punjab, I explore the development and processes of upward social mobility of the Pakistani community in Denmark from the 1960s onwards. I suggest that social mobility among Pakistani immigrants and their descendants must be seen as the outcome...... of the Danish labour market during the late 1970s and 1980s pushed them into two different long-term strategies of money or education respectively. This created a split in the Pakistani community between educated and non-educated families and shaped the second generation’s way of life in terms of, for example...

  4. Follow the money

    OpenAIRE

    Robbins RA

    2012-01-01

    No abstract available. Article truncated at 150 words. Many years ago there was a Federal whistleblower, Deep Throat, who leaked confidential Government information about the Nixon White House to reporters from the Washington Post. Fans of the book and movie will remember that his famous line was, “Follow the money.” That line came to mind when an article appeared in Health Affairs summarizing the US health care expenditures for 2010 (1). The main gist of the article is that the rate of growt...

  5. Technological support of tool wear resistant qualities and cost saving of process of planetary grinding of flat parts

    Science.gov (United States)

    Ivanova, T. N.; Lyupa, D. C.; Revenko, N. F.; Berkutova, T. A.; Silivanova, O. A.

    2018-03-01

    A lot of factors varied in time lead to instability of the grinding process. Besides, the method of grinding influences significantly the productivity and quality of processing. In this regard a creation of processes of intensive defect-free grinding on the basis of new constructive and technology solutions represents the scientific problem which is of great importance. One of such solutions is application of planetary face grinding which allows simultaneously changing the kinematics of movement, implementing discontinuous grinding. The distinctive features of such grinding are decreasing the heat release rate in a contact zone; ensuring intermittence of the process with a solid grinding wheel; reverse grinding; cutting by different edges of an abrasive grain; stabilization of working parameters of a grinding wheel; ensuring work of a grinding wheel in a self-sharpening mode. The design of the planetary grinding tool was developed for plane surface processing for implementation of the specified distinctive features of planetary grinding. The kinematics of shaping a surface by flat face diamond grinding has been investigated; manufacturing capabilities of planetary face grinding have been revealed, and ways of improvement of quality and productivity have been offered. The algorithm and the program to define the motion path of a grain depending on the given set of grinding factors were received. Optimization of the process of face diamond grinding using the planetary grinding device has been confirmed with the developed program and techniques to choose cutting conditions of planetary grinding and characteristics of grinding wheels for processing different materials. While studying the process of planetary grinding, special attention was paid to the research how processing conditions influence microgeometry of the processed surface made of steel 4X5M (Russian State Standard (GOST)). As a result of the executed research, it was established that surface roughness

  6. Authors: M Kersop and SF du Toit ANTI-MONEY LAUNDERING ...

    African Journals Online (AJOL)

    Marike Kersop

    types of service providers as crucial partners,79 depending on the business model and technology which is employed.80 Mobile money is an ever-expanding service, and as such, it is continually furthering financial inclusion.81. 2.3 Nature and characteristics of mobile money82. Mobile money services make provision for ...

  7. Savings for the Poor

    OpenAIRE

    Ignacio Mas

    2010-01-01

    This paper reviews the relevance of formal financial services – in particular, savings – to poor people, the economic factors that have hindered the mass-scale delivery of such services in developing countries, and the technology-based opportunities that exist today to make massive gains in financial inclusion. It also highlights the benefits to government from universal financial access, as well as the key policy enablers that would need to be put in place to allow the necessary innovati...

  8. Compressed Air System Enhancement Increases Efficiency and Provides Energy Savings at a Circuit Board Manufacturer (Sanmina Plant, Oswego, New York): Office of Industrial Technologies (OIT) BestPractices Technical Case Study

    International Nuclear Information System (INIS)

    Wogsland, J.

    2001-01-01

    This case study is one in a series on industrial firms who are implementing energy efficient technologies and system improvements into their manufacturing processes. This case study documents the activities, savings, and lessons learned on the circuit board manufacturer (Sanmina Plant) project

  9. Development of air conditioning system and labor saving technology for efficient hydroponic cultivation; Konoritsuna suiko saibai no tame no kucho to shoryokuka gijutsu no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    Okano, T.; Terazoe, H.; Shoji, K. [Central Research Institute of Electric Power Industry, Tokyo (Japan); Yonezawa, K.; Otani, F. [Chugoku Electric Power Co. Inc., Hiroshima (Japan); Sekiyama, T.; Kosakai, K.; Sato, H.

    1997-06-01

    Equipment which made experiments on air conditioning and hydroponic cultivation possible was set up at the technical research center of the Chugoku Electric Power Co., to study an air conditioning system using night power and energy saving technology for the cultivation. Vegetables suitable to the cultivation were selected. For air conditioning, adopted was a water heat storage air conditioning system using night power. The space between the shade curtain and the greenhouse roof was ventilated to prevent increase in cooling load caused by rise in curtain temperature. Moreover, the cultivation equipment was covered with transparent vinyl film to cool the inside of the equipment. The hydroponic cultivation equipment was trially manufactured which makes the continued production by one worker possible. The cultivation of spinach, leaf lettuce and chingensai throughout the year became possible. The yield of chingensai reached the target, but those of spinach and leaf lettuce were approximately 70% of the targets. Vegetables to be produced in the air-conditioned greenhouse by hydroponic cultivation are thought to be those that can have added values such non-pesticides and ingredients, young plants which were increased by cutting or tissue culturing, etc. 5 refs., 19 figs., 8 tabs.

  10. A multi-stakeholder partnership for the dissemination of alternate wetting and drying water-saving technology for rice farmers in the Philippines

    Directory of Open Access Journals (Sweden)

    Florencia G. Palis

    2017-09-01

    Full Text Available To address issues of water scarcity and food security for sustainable rice farming and increasing production, a water-saving technology called alternate wetting and drying (AWD was disseminated in the Philippines. This study assessed the impact of facilitating a network of stakeholders on disseminating AWD in irrigated rice systems in the Philippines. It used both qualitative and quantitative data collected from 2002 to 2012 in study sites in the country. Engaging multi-stakeholders in adaptive research, training, and dissemination facilitated the process of more interaction by partners. All partners joined a knowledge and dissemination alliance for scaling out AWD activities. This in turn effected a policy outcome, and the synergetic interactions of each partner within and outside the current network fast-tracked the dissemination process and adoption of AWD by farmers. The AWD practice resulted in an increase in irrigated rice area but not necessarily in rice production and farmers’ income. It also reduced labor and fuel consumption, especially in deep-well irrigation systems.

  11. Prospects for Money Transfer Models

    OpenAIRE

    Yougui Wang; Ning Ding; Ning Xi

    2005-01-01

    Recently, in order to explore the mechanism behind wealth or income distribution, several models have been proposed by applying principles of statistical mechanics. These models share some characteristics, such as consisting of a group of individual agents, a pile of money and a specific trading rule. Whatever the trading rule is, the most noteworthy fact is that money is always transferred from one agent to another in the transferring process. So we call them money transfer models. Besides e...

  12. Money, banks and endogenous volatility

    OpenAIRE

    Pere Gomis-Porqueras

    2000-01-01

    In this paper I consider a monetary growth model in which banks provide liquidity, and the government fixes a constant rate of money creation. There are two underlying assets in the economy, money and capital. Money is dominated in rate of return. In contrast to other papers with a larger set of government liabilities, I find a unique equilibrium when agents' risk aversion is moderate. However, indeterminacies and endogenous volatility can be observed when agents are relatively risk averse.

  13. Quantum money with classical verification

    Energy Technology Data Exchange (ETDEWEB)

    Gavinsky, Dmitry [NEC Laboratories America, Princeton, NJ (United States)

    2014-12-04

    We propose and construct a quantum money scheme that allows verification through classical communication with a bank. This is the first demonstration that a secure quantum money scheme exists that does not require quantum communication for coin verification. Our scheme is secure against adaptive adversaries - this property is not directly related to the possibility of classical verification, nevertheless none of the earlier quantum money constructions is known to possess it.

  14. Quantum money with classical verification

    International Nuclear Information System (INIS)

    Gavinsky, Dmitry

    2014-01-01

    We propose and construct a quantum money scheme that allows verification through classical communication with a bank. This is the first demonstration that a secure quantum money scheme exists that does not require quantum communication for coin verification. Our scheme is secure against adaptive adversaries - this property is not directly related to the possibility of classical verification, nevertheless none of the earlier quantum money constructions is known to possess it

  15. 31 CFR 103.125 - Anti-money laundering programs for money services businesses.

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 1 2010-07-01 2010-07-01 false Anti-money laundering programs for... Laundering Programs Anti-Money Laundering Programs § 103.125 Anti-money laundering programs for money..., and maintain an effective anti-money laundering program. An effective anti-money laundering program is...

  16. Privately issued money reduces GDP.

    OpenAIRE

    Musgrave, Ralph S.

    2017-01-01

    The majority of the money supply is issued by private banks, not central banks. However a system that restricts money creation to central banks has been advocated for many years by leading economists. There is no reason interest rates would not be at some sort of genuine free market rate under the latter system. In contrast, when private bank money is allowed, those banks undercut the free market rate of interest because it costs them nothing to come by the money they lend out: they effective...

  17. Pattern of Demand For Money

    Directory of Open Access Journals (Sweden)

    Ahmad Berlian

    2017-12-01

    Full Text Available In the activity of the modern economy, the availability of money as a means of transaction is very important, because with the money as a means to pay consumers can easily to get the basic material needs are required, the manufacturer can provide the raw materials of labor for production, and distributors can obtain a variety of merchandise to be delivered at the end consumer. The pattern of use of money is influenced by the attitude of the public in the transaction. Researchers assume, that there are differences among communities, either by group differences in income, educational differences, ethnic differences, differences in profession, and perhaps even religious differences embraced. So as to provide information to the monetary authorities, to enrich the theory of demand for money based economic agents in Indonesia, and for the application of the theory of demand for money, the researchers felt the need to study patterns of use of money. Qualitative research, in addition to knowing whether the variables that affect the demand for money as the above theory is still relevant for economic actors in Indonesia at this time, or even are new variables, as well as the motive of money demand. Keywords: Demand for money, Keynes Theory, qualitative method

  18. College Students Discount Money "Won" More than Money "Owed"

    Science.gov (United States)

    Weatherly, Jeffrey N.; Derenne, Adam; Terrell, Heather K.

    2010-01-01

    Evidence in the research literature indicates people may treat "won" money differently than they would their own money. The present study had a sample of 648 college students complete a delay-discounting task that involved the hypothetical monetary amounts of $1,000 or $100,000. Participants were asked repeatedly what amount they would…

  19. The Multidisciplinary Economics of Money Laundering

    OpenAIRE

    Ferwerda, J.

    2012-01-01

    Money laundering has been studied for many years, but mainly by lawyers and criminologists. This dissertation presents a number of ways on how an economist – mainly in a multidisciplinary fashion – can contribute to this field of research. This dissertation answers four important questions about money laundering: Why should we fight money laundering? How is money laundered? In which sectors is money laundered? And how can we fight money laundering? The literature mentions 25 effects of money ...

  20. Saving Harvests Through Nuclear Technology

    International Nuclear Information System (INIS)

    Dixit, Aabha; Madsen, Michael

    2013-01-01

    Crop diseases are one of the most challenging threats we face, affecting everyone on the planet directly or indirectly. Like so many crops, wheat — a key component for bread making — has over periods of time faced horrific destruction from diseases. One such disease, a wheat stem rust caused by a new virulent race (Ug99) can destroy whole wheat crops in a matter of days. Getting into action, the international community has strived over the years to protect crops against plant diseases. Leading in the use of nuclear techniques, the Joint FAO/IAEA Laboratories at Seibersdorf, Austria, irradiate seeds to induce biological variation from which varieties with disease resistance may be developed, thereby helping farmers as well as consumers

  1. Using MSN Money to Perform Financial Ratio Analysis

    Science.gov (United States)

    Hsu, H. Christine

    2010-01-01

    In today's information technology world, real time financial data is readily available via many financial websites, such as MSN Money, Google Finance, Yahoo Finance, etc. The incorporation of computer technology in finance classes has become more popular than ever in this information technology rich environment. Mediated classrooms have rapidly…

  2. Energy savings: persuasion and persistence

    Energy Technology Data Exchange (ETDEWEB)

    Eijadi, David; McDougall, Tom; Leaf, Kris; Douglas, Jim; Steinbock, Jason; Reimer, Paul [The Weidt Group, Minnetonka, MN (United States); Gauthier, Julia [Xcel Energy, Minneapolis, MN (United States); Wild, Doug; Richards McDaniel, Stephanie [BWBR Architects, Inc., Saint Paul, MN (United States)

    2005-07-01

    In this study, the architects, sponsoring utility and energy simulation specialist joined together to investigate the persistence of energy savings in three completed projects: a college library; a municipal transportation facility; and a hospital. The primary question being 'How well did the design decisions made with the help of simulation analysis translate into building operations over several years?' Design simulation and metered performance data are compared for specific energy-saving strategies. The paper provides a brief overview of the basis of selection of the three projects, the energy design assistance methods employed and the decisions made, along with their savings expectations. For each case, design characteristics, modelling assumptions, selected strategies and actual metered performance are outlined. We find evidence of appropriate levels of energy conservation, but they are not the absolute values predicted. In each case, the discrepancies between modelling assumptions and final construction or operating procedures are identified, examined and rectified. The paper illustrates that while owners are saving energy, they are not always getting the full savings potential for what they install. The paper concludes with a re-examination of the overall process. It evaluates the potential for additional savings of individual technologies and related larger utility incentives to design teams and building owners.

  3. Understanding the mobile money ecosystem

    DEFF Research Database (Denmark)

    Tobbin, P.

    2011-01-01

    This paper discusses the structure of the new mobile money ecosystem and the roles of its key players. Mobile money is an evolving sector both in volume and in economic impact especially in the developing world. The paper is an exploratory study that investigates the structure of the ecosystem, p...

  4. The psychological science of money

    NARCIS (Netherlands)

    Bijleveld, E.H.; Aarts, H.A.G.

    2014-01-01

    The Psychological Science of Money brings together classic and current findings on the myriad ways money affects brain, mind, and behavior to satisfy not only our needs for material gain, but also for autonomy and self-worth. Leading experts trace the links between early concepts of value and modern

  5. A psychological perspective on money

    NARCIS (Netherlands)

    Bijleveld, E.H.; Aarts, H.A.G.; Bijleveld, E.H.; Aarts, H.A.G.

    2014-01-01

    A thriving field of inquiry, the psychological science of money has recently witnessed an upsurge in research attention. In the present volume, we bring together and integrate a number of theoretical perspectives on the question of ‘how does money affect people’s mind, brain, and behavior?’

  6. Money neutrality: Rethinking the myth

    Directory of Open Access Journals (Sweden)

    Issaoui Fakhri

    2015-01-01

    Full Text Available Considered as an axiomatic basis of classical, neoclassical, and monetarist theories, the long-run money neutrality assumption does not always seem to be verified. Indeed, in our view, the money, in the sense of M2, can constitute a long-run channel of growth transmission. Thus, this paper examines the long-term relationship among money supply (M2, income (GDP, and prices (CPI. The subprime crisis in 2007 has shown that the demand for money does not only meet motives of transaction, precaution, and speculation but also of fictional or quasi-fictional future demands due to the fact that they are created without real counterparts. The capacity of production systems in developed countries to respond to increases in money supply by creating more wealth, involves the assumption of money neutrality in the long-run. However, in developing countries, the excess of money supply may lead to inflation trends. The present study has confirmed the long-term non-neutrality of money supply in the USA, and its neutrality in Gabon and Morocco.

  7. Savings and Debts in Agriculture

    Directory of Open Access Journals (Sweden)

    Marina Luminita Sarbovan

    2012-05-01

    Full Text Available The savings and debts problematic bring us in front the Keynesian principles of supporting the global demand, so spectacular immortalized inside his “General Theory of Money. The architects of the European Union consider that production in agriculture and other economic branches is “ab initio” grounded on the credit mechanism administrated by banks: the present day approach of the agricultural process configured it as costly, owing a relatively medium to long term duration, and risky, making important the banking institution for mitigating such constrains. Romania fights for the ambitious goal of entering in the euro zone, and this target became even more challenging after the new EU Regulation No 1176/2011 on the prevention and correction of macroeconomic imbalances, which stipulates a safer surveillance for the member states. In fact, our country has to meet the exigencies of nominal and real convergence criteria, measured by the European scoreboard and relevant index.

  8. 12 CFR 362.11 - Activities of insured State savings associations.

    Science.gov (United States)

    2010-01-01

    ... money market preferred stock. (A) An insured state savings association's investment of up to 15 percent of the association's tier one capital in adjustable rate preferred stock or money market (auction... significant risk to the Deposit Insurance Fund. Such instruments shall be included in the 15 percent of tier...

  9. Refrigeration: Introducing energy saving opportunities for business

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2006-04-15

    In some industries, most notably food and drink and chemicals, refrigeration accounts for a significant proportion of overall site energy costs. For instance, in the industrial handling of meat, poultry and fish, it often accounts for 50% of total energy costs. In ice-cream production the proportion is 70%. In a number of commercial sectors, refrigeration also represents a significant proportion of overall energy costs. For example: Cold storage 90%; Food supermarkets 50%; Small shops with refrigerated cabinets 70% or over; Pubs and clubs 30%. Against these high costs, even a small reduction in refrigeration energy use can offer significant cost savings, resulting in increased profits. Energy saving need not be expensive. Energy savings of up to 20% can be realised in many refrigeration plant through actions that require little or no investment. In addition, improving the efficiency and reducing the load on a refrigeration plant can improve reliability and reduce the likelihood of a breakdown. Most organisations can save energy and money on refrigeration by: More efficient equipment; Good maintenance; Housekeeping and control. This publication provides an understanding of the operation of refrigeration systems, identifies where savings can be realised and will enable readers to present an informed case on energy savings to key decision makers within their organisation. (GB)

  10. Are randomised trials needed in the era of rapidly evolving technologies?

    Science.gov (United States)

    Treasure, Tom

    2009-03-01

    New technologies are expensive. The health care budget cannot expand indefinitely so if new treatments are introduced they may have to displace other treatments, or prevent other new treatments coming into practice. This is not simply a money saving exercise; it is accepted that new high technology treatments may cost more to implement but they must be worth the money spent in comparison with other treatments. Therefore cardiothoracic surgeons must first demonstrate that our treatments are effective. Then we need evidence of cost effectiveness in comparison with other therapies.

  11. "Photographing money" task pricing

    Science.gov (United States)

    Jia, Zhongxiang

    2018-05-01

    "Photographing money" [1]is a self-service model under the mobile Internet. The task pricing is reasonable, related to the success of the commodity inspection. First of all, we analyzed the position of the mission and the membership, and introduced the factor of membership density, considering the influence of the number of members around the mission on the pricing. Multivariate regression of task location and membership density using MATLAB to establish the mathematical model of task pricing. At the same time, we can see from the life experience that membership reputation and the intensity of the task will also affect the pricing, and the data of the task success point is more reliable. Therefore, the successful point of the task is selected, and its reputation, task density, membership density and Multiple regression of task positions, according to which a nhew task pricing program. Finally, an objective evaluation is given of the advantages and disadvantages of the established model and solution method, and the improved method is pointed out.

  12. Follow the money

    Directory of Open Access Journals (Sweden)

    Robbins RA

    2012-01-01

    Full Text Available No abstract available. Article truncated at 150 words. Many years ago there was a Federal whistleblower, Deep Throat, who leaked confidential Government information about the Nixon White House to reporters from the Washington Post. Fans of the book and movie will remember that his famous line was, “Follow the money.” That line came to mind when an article appeared in Health Affairs summarizing the US health care expenditures for 2010 (1. The main gist of the article is that the rate of growth in health care expenditures had slowed to only 3.9% and approximated the slowed growth from 2009 which was 3.8%. Previously the growth had been much larger averaging 7.2% from 2000-8 (2. The article points out that during recession expenditures usually slow but the expected decline in healthcare expenditures usually occurs far after the beginning of the recession. The authors state that the “lagged slowdown in health spending growth from the recent recession occurred more quickly …

  13. Money, Debt, People and Planet

    Directory of Open Access Journals (Sweden)

    Jakob von Uexkull

    2012-10-01

    Full Text Available The widespread failure to understand money creation plays a key role in the current policy impasse. In a world ruled by money, this failure disempowers and prevents serious consideration of alternatives. The key reasons why we are not moving faster in tackling the global crises are, we are told, because it is too expensive, there is not enough money, it is not (yet profitable enough to do etc. Within the current global monetary framework, this is largely true. Therefore, any realistic plan to change course before we are overwhelmed by the inter-linked environmental, social and security threats facing us, is to change this framework to ensure that money becomes our servant again. The current debt crisis offers an opportunity to replace discredited debt-based money created by private banks in their interest with government-created debt-free money benefitting all, which can be used to fund a global emergency programme.“We know now that government by organised money is just as dangerous as government by organised mob.” — President F.D. Roosevelt, 31.10.36“The essence of the contemporary monetary system is creation of money, out of nothing, by private banks’ often foolish lending. Why is such privatisation of a public function right and proper, but action by the central bank to meet pressing public need, a road to catastrophe?” — Martin Wolf, ‘Financial Times’, 9.11.10“The obvious way to reduce our public and private debts is to stop having all our money created as debt.” — James Robertson, ‘Future Money’

  14. Veblen effect, marginal utility of money, and money illusion

    OpenAIRE

    Malakhov, Sergey

    2013-01-01

    The paper discovers microeconomic mechanism of Veblen effect as well as of Giffen case as results of the negative marginal utility of money. The marginal utility of consumption also becomes negative. The total consumption-leisure utility is increased due to the increase in leisure time. This overall effect results in the phenomenon of money illusion on the macroeconomic level. This general effect has deep historical and institutional grounds and, in order to minimize its disequilibrium econom...

  15. Private Electronic Money, Fiat Money and the Payments System

    OpenAIRE

    Andrew B. Whinston; Paula Hernandez-Verme; Haibo Huang

    2004-01-01

    Temzelides and Williamson (2001) provides valuable contribution into the private money literature, however, as pointed out by Schreft (2001), while the model provides insight about historical experiences with private paper monies, it does not provide a clear insight on how a modern system of private electronic money would work and how the necessary network shall function. Our target of this paper is to fill in that gap. We present a model with two types of private electronic currencies with o...

  16. A note on macro-financial implications of mobile money schemes

    OpenAIRE

    Mas, Ignacio; Klein, Michael

    2012-01-01

    Across the world mobile money schemes are being launched. In such schemes financial service providers interact with clients via mobile phones or other mobile devices such as tablets. Service offerings include payments and saving as well as basic insurance products and sometimes credit based on scoring methods that use information about the client’s payment history. The world of mobile money is still in the experimental stage. Some schemes like M-PESA in Kenya have, at least initially, been ru...

  17. 31 CFR 351.13 - What do I need to know about the savings bond rate to understand redemption value calculations in...

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false What do I need to know about the savings bond rate to understand redemption value calculations in this subpart? 351.13 Section 351.13 Money... What do I need to know about the savings bond rate to understand redemption value calculations in this...

  18. Accounting for the money-made parenthood of transnational surrogacy.

    Science.gov (United States)

    Stuvøy, Ingvill

    2018-06-21

    In the last decade, transnational surrogacy has attracted world-wide attention for making babies and pregnancies exchangeable with money. Involuntarily childless couples and individuals travel abroad and pay to have the desired child and to become parents. Acknowledging the importance of asking into the consequences of this monetization of reproduction, the author takes issue with universalistic assumptions about money and markets, and their presumed universal effects on social relations. Instead, it is argued that we need to explore how money works, and, by extension, how transnational surrogacy works out and becomes viable to people as a way to become parents. Putting together insights from economic sociology, and the assisted reproductive technology and parenting culture literature, the author employs the notion of accounting to grasp how people make sense of the money involved in making them parents. Based on a study involving 21 interviews with Norwegian gay and straight couples and single men and women seeking surrogacy abroad, the author explores how money is accounted for in three cases, set in three different countries; India, the United States and Canada. The analysis shows how money is accounted for in particular ways to confirm parenthood. These ways differ depending on the local context and transnational relations; ultimately making differentiated monetized parenthood. This is of significance when we try to conceptualize contemporary parenthood and how money seemingly sustains parenthood in ever more radical ways.

  19. Empirical Analysis of the Impact of Financial Sector Reforms on Savings Mobilization in Nigeria

    Directory of Open Access Journals (Sweden)

    Enobong Udoh

    2017-03-01

    Full Text Available This paper examines whether Nigeria witnessed considerable savings mobilization amidst financial sector reforms from 2007 to 2015 using the estimation method of Autoregressive Distributed Lag. Unlike previous papers in this area that mostly focused on interest rates liberalization thesis, this paper goes deeper by looking at financial reforms across money, capital and foreign exchange markets. The estimation results show that there are still structural rigidities in the money, foreign exchange and equity markets nexus. In that, the following variables that proxy financial sector reforms namely treasury bill yield, interest rate spread, market capitalization ratio and currency in circulation ratio (which proxy technological modernization of payment systems all went against a priori expectation. However, financial reforms had one success story in credit/loans advances to private/public sectors (financial deepening which posted its correct economic sign. In sum, except for the financial deepening variable it can be safely concluded that financial reforms in Nigeria is yet to positively impact savings mobilization. The regulatory and reform authorities must show effectiveness in reforms implementation.

  20. The Governance of Money Laundering

    DEFF Research Database (Denmark)

    Tsingou, Eleni

    2014-01-01

    What are the drivers behind the anti-money laundering (AML) governance framework? Who are the actors and institutions, and what is the policy content? This chapter provides an overview of the processes and mechanisms of AML policy-making. AML is often presented as a financial problem, and something......, moreover, that is key to debates about international political economy (IPE) since it goes to the heart of the integrity of the financial system and also, at least in principle, aims to impose controls on the movement of money. Yet, as a policy concern, thinking about money laundering was developed away...... from traditional settings for the regulation of global finance. Instead, AML policies were driven by and linked to the public policy objectives of law and order. As a result, the governance of money laundering encompasses a broad set of goals, techniques and professional knowledge. It brings together...

  1. 2007 National Money Laundering Strategy

    National Research Council Canada - National Science Library

    2007-01-01

    ... them. The National Money Laundering Strategy for 2007 identifies areas in which the U.S. government will work to revise, enhance, or renew efforts to enforce existing Federal laws and regulations...

  2. Value and money in Marx

    Directory of Open Access Journals (Sweden)

    Fahd Boundi Chraki

    2018-04-01

    Full Text Available The aim of this paper is to examine the link between Marx's monetary theory and its explanation of value, production and circulation. For this, it presents the basic theoretical elements that allow a critique of the quantitative theory, the Chartalist conception of the genesis of money and the post-Keynesian theory of endogenous money. Then, from a Marxist perspective, it analyzes the controversial relationship between the monetization of public debt and the increase in the general level of prices.

  3. 'Nurture the sprouting bud; do not uproot it'. Using saving groups to save for maternal and newborn health: lessons from rural Eastern Uganda.

    Science.gov (United States)

    Ekirapa-Kiracho, Elizabeth; Paina, Ligia; Muhumuza Kananura, Rornald; Mutebi, Aloysius; Jane, Pacuto; Tumuhairwe, Juliet; Tetui, Moses; Kiwanuka, Suzanne N

    2017-08-01

    Saving groups are increasingly being used to save in many developing countries. However, there is limited literature about how they can be exploited to improve maternal and newborn health. This paper describes saving practices, factors that encourage and constrain saving with saving groups, and lessons learnt while supporting communities to save through saving groups. This qualitative study was done in three districts in Eastern Uganda. Saving groups were identified and provided with support to enhance members' access to maternal and newborn health. Fifteen focus group discussions (FGDs) and 18 key informant interviews (KIIs) were conducted to elicit members' views about saving practices. Document review was undertaken to identify key lessons for supporting saving groups. Qualitative data are presented thematically. Awareness of the importance of saving, safe custody of money saved, flexible saving arrangements and easy access to loans for personal needs including transport during obstetric emergencies increased willingness to save with saving groups. Saving groups therefore provided a safety net for the poor during emergencies. Poor management of saving groups and detrimental economic practices like gambling constrained saving. Efficient running of saving groups requires that they have a clear management structure, which is legally registered with relevant authorities and that it is governed by a constitution. Saving groups were considered a useful form of saving that enabled easy acess to cash for birth preparedness and transportation during emergencies. They are like 'a sprouting bud that needs to be nurtured rather than uprooted', as they appear to have the potential to act as a safety net for poor communities that have no health insurance. Local governments should therefore strengthen the management capacity of saving groups so as to ensure their efficient running through partnerships with non-governmental organizations that can provide support to such groups.

  4. Race, money and medicines.

    Science.gov (United States)

    Bloche, M Gregg

    2006-01-01

    Taking notice of race is both risky and inevitable, in medicine no less than in other endeavors. On the one hand, race can be a useful stand-in for unstudied genetic and environmental factors that yield differences in disease expression and therapeutic response. Attention to race can make a therapeutic difference, to the point of saving lives. On the other hand, racial distinctions have social meanings that are often pejorative or worse, especially when these distinctions are cast as culturally or biologically fixed. I argue in this essay that we should start with a presumption against racial categories in medicine, but permit their use when it might prolong lives or meaningfully improve health. Use of racial categories should be understood as an interim step; follow-up inquiry into the factors that underlie race-correlated clinical differences is important both to improve the efficacy of clinical care and to prevent race in itself from being misunderstood as a biological determinant. If we pursue such inquiry with vigor, the pernicious effects of racial categories on public understanding can be managed. But perverse market and regulatory incentives create the danger that use of race will be "locked-in," once drugs or other therapies are approved. These incentives should be revisited.

  5. Forensic Accounting Profession and Prevention of Money Laundering

    Directory of Open Access Journals (Sweden)

    Murat KASAP

    2013-06-01

    Full Text Available In today’s world, globalization and the increased use of information technology have resulted to the significant increases of economic crimes in recent years. Accordingly, financial crimes, such as money laundering misconducts have increased significantly. The police play active roles in the fight against money laundering and related crimes in Turkey. However, professional support is essential in order to effectively combat money laundering. In other words, not only a good level of economics, finance, accounting knowledge is critical; but also, a decent level of law information is crucial in the detection and prevention of these crimes. Increasing the effectiveness of forensic accounting profession, especially in the USA, has an important role in the prevention and detection of money laundering. Since forensic accountants have skills and capacities of litigation support, investigative accounting and expertise.

  6. Private Sector Savings

    Directory of Open Access Journals (Sweden)

    Pitonáková Renáta

    2018-03-01

    Full Text Available The majority of household savings are in the form of bank deposits. It is therefore of interest for credit institutions to tailor their deposit policy for getting finances from non-banking entities and to provide the private sector with the loans that are necessary for investment activities and consumption. This paper deals with the determinants of the saving rate of the private sector of Slovakia. Economic, financial and demographic variables influence savings. Growth of income per capita, private disposable income, elderly dependency ratio, real interest rate and inflation have a positive impact on savings, while increases in public savings indicate a crowding out effect. The inflation rate implies precautionary savings, and dependency ratio savings for bequest. There are also implications for governing institutions deciding on the implementation of appropriate fiscal and monetary operations.

  7. Energy Extra: Energy Savings vs. Comfort - and the Effect of Humidity.

    Science.gov (United States)

    CEFP Journal, 1979

    1979-01-01

    Proper humidity will, in a large number of cases, save money for the user. This saving could show up directly because of reduced infiltration and lower thermostat settings. It could show up indirectly in reduced costs for maintenance and preservation and in increased productivity and decreased absenteeism. (Author)

  8. 31 CFR 363.176 - May a converted savings bond be pledged or used as collateral?

    Science.gov (United States)

    2010-07-01

    ... pledged or used as collateral? 363.176 Section 363.176 Money and Finance: Treasury Regulations Relating to... a converted savings bond be pledged or used as collateral? A converted savings bond may not be pledged or used as collateral for the performance of an obligation. ...

  9. An analysis of the inter-relationship between savings product usage ...

    African Journals Online (AJOL)

    The article maintains that improved participation in the financial services industries seems to be dependent on satisfaction levels regarding financial services product usage. Empirical evidence shows that higher usage and higher satisfaction regarding basic savings products such as savings accounts, money market ...

  10. 31 CFR 359.9 - When are interest rates for Series I savings bonds announced?

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false When are interest rates for Series I... UNITED STATES SAVINGS BONDS, SERIES I General Information § 359.9 When are interest rates for Series I savings bonds announced? (a) The Secretary will furnish fixed rates, semiannual inflation rates, and...

  11. Power load leveling and energy saving measures for office buildings. Power load leveling and energy saving technology for the new building of the Kobe branch of the Kansai Electric Power Co., and its effect; Office biru no denryoku fuka heijunka sho energy hosaku. Kobe shiten shinshaoku ni okeru denryoku fuka heijunka sho energy gijutsu to sono koka

    Energy Technology Data Exchange (ETDEWEB)

    Tsuchiyama, M. [Kansai Electric Power Co. Inc., Osaka (Japan)

    1999-06-10

    This paper presents power load leveling and energy saving measures for heat source, air conditioning and lighting of the new Kobe branch building. The low-temperature hot-air system adopts an ice storage system, and reduces blowing power by 12 degreesC blowing in place of normal 16 degreesC blowing, and an initial cost by duct size reduction. The continuous air conditioning system levels an initial peak load of air conditioning as compared with normal air conditioning only for working hours for buildings with large heat capacity. In addition, as power load leveling measures for the whole building, the complete heat storage system using an underground internal melting type ice storage tank is adopted. Energy saving for lighting is achieved with a dimming lighting controlling its lighting output by inverter. The following effects are expected by these new technologies: Load leveling effect of 30%, energy saving effect of 20.2% and CO{sub 2} reduction effect of 24.1%. (NEDO)

  12. Dirty, sexy money

    Energy Technology Data Exchange (ETDEWEB)

    Pearce, F.

    2008-04-19

    Carbon is the hot new commodity, but can trading it like a currency really save the planet? On 1 January the Kyoto Protocol's emissions targets came into full force, creating a market in permits to emit greenhouse gases. The article discusses whether carbon trading is actively providing a mechanism that rewards people for reducing their carbon emissions instead of increasing them or it simply giving big polluters a way of dodging their responsibilities. The system allows companies investing in emissions-cutting projects in developing countries to earn credits known as certified emission reductions (CERs). By late 2007 the UN had approved more than 1600 projects for CERs. More than a third of the official CDM projects are for hydroelectric dams, mostly in China. However, most of these dams were either completed or under construction before the application for carbon credits was made and would have been built anyway. The author argues that it is unavoidable that some credits would go to such projects. He says that the danger is now that governments are seduced into believing the initial success of the carbon market allows them to avoid hard political choices in climatic change. Another danger is that only a minority of emissions are covered by legal caps. Most industrial and transport emissions in developing countries remain outside the market as do huge emissions caused by deforestation, draining wetlands and ploughing fields. One answer might be 'full carbon accounting' in which all exchanges of greenhouse gases, both into and out of the atmosphere, would have to be included in national and corporate carbon accounts. Remove sensing may soon make this possible. 1 fig.

  13. Feasibility of selected private money

    Directory of Open Access Journals (Sweden)

    Lukáš Nevěděl

    2012-01-01

    Full Text Available The goal of the entry: “Feasibility of selected private money” is the assessment of practicability of selected private money types as future currency especially in terms of attributes that the currency should meet to fulfil all claims required by its users. In the first step the features that the widely used currency has to have will be described and it will be analysed which of these features are characteristic for nowadays currencies (Czech crown and Euro too. In the second step private (unnationalized money will be described as well as several concepts derived from it. The paper will concern mainly on Hayek’s concept of private money and on particular variations of Local exchange trading systems. In the next part there will be pointed out good and bad features of these types of money, mainly from the view of characteristics that the proper currency should have. At the end it will be carried out the comparison of bad and good effects resulting from using of particular currencies types and I will decide about the applicability of analysed private money types. The paper uses the standard methods of scientific work. Firstly, the method of description is used to describe the development of private money concepts and characteristic features that the currency should have. Then, a comparative analysis is used to discuss the differences between contemporary currencies and unnationalized currencies as well as between required and real features of particular private money. At the end the method of synthesis, deduction and induction is used.

  14. Bitcoin and Beyond: Exclusively Informational Money

    NARCIS (Netherlands)

    Bergstra, J.A.; de Leeuw, K.

    2013-01-01

    The famous new money Bitcoin is classified as a technical informational money (TIM). Besides introducing the idea of a TIM, a more extreme notion of informational money will be developed: exclusively informational money (EXIM). The informational coins (INCOs) of an EXIM can be in control of an agent

  15. Rigorous Results for the Distribution of Money on Connected Graphs

    Science.gov (United States)

    Lanchier, Nicolas; Reed, Stephanie

    2018-05-01

    This paper is concerned with general spatially explicit versions of three stochastic models for the dynamics of money that have been introduced and studied numerically by statistical physicists: the uniform reshuffling model, the immediate exchange model and the model with saving propensity. All three models consist of systems of economical agents that consecutively engage in pairwise monetary transactions. Computer simulations performed in the physics literature suggest that, when the number of agents and the average amount of money per agent are large, the limiting distribution of money as time goes to infinity approaches the exponential distribution for the first model, the gamma distribution with shape parameter two for the second model and a distribution similar but not exactly equal to a gamma distribution whose shape parameter depends on the saving propensity for the third model. The main objective of this paper is to give rigorous proofs of these conjectures and also extend these conjectures to generalizations of the first two models and a variant of the third model that include local rather than global interactions, i.e., instead of choosing the two interacting agents uniformly at random from the system, the agents are located on the vertex set of a general connected graph and can only interact with their neighbors.

  16. Small scale models equal large scale savings

    International Nuclear Information System (INIS)

    Lee, R.; Segroves, R.

    1994-01-01

    A physical scale model of a reactor is a tool which can be used to reduce the time spent by workers in the containment during an outage and thus to reduce the radiation dose and save money. The model can be used for worker orientation, and for planning maintenance, modifications, manpower deployment and outage activities. Examples of the use of models are presented. These were for the La Salle 2 and Dresden 1 and 2 BWRs. In each case cost-effectiveness and exposure reduction due to the use of a scale model is demonstrated. (UK)

  17. Money Marries Money - Intergenerational Top Household Income Mobility in Denmark

    DEFF Research Database (Denmark)

    Bonke, Jens; Hussain, M. Azhar; Munk, Martin David

    2016-01-01

    This paper describes intergenerational earnings and income mobility among top-income households in Denmark. Access to administrative registers allowed us to look at very small fractions of the populations, and to distinguish between sons and daughters and to observe their spouses’ incomes. At the....... At the top of the income distribution we find a correlation of 0.763 between father and mother’s pooled income and that of their son and daughter-in-law’s pooled income, which indicates that money marries money....

  18. The Money Market Liaison Group Sterling Money Market Survey

    OpenAIRE

    Westwood, Ben

    2011-01-01

    The Bank of England recently initiated a new survey of the sterling money market on behalf of the Money Market Liaison Group. This market — where short-term wholesale borrowing and lending in sterling takes place — plays a central role in the Bank’s pursuit of its monetary and financial stability objectives. Participants include banks, other financial institutions and non-financial companies, who use the market to manage their liquidity, by investing over short periods and raising short-term ...

  19. Mobile Money, Smallholder Farmers, and Household Welfare in Kenya

    Science.gov (United States)

    Kikulwe, Enoch M.; Fischer, Elisabeth; Qaim, Matin

    2014-01-01

    The use of mobile phones has increased rapidly in many developing countries, including in rural areas. Besides reducing the costs of communication and improving access to information, mobile phones are an enabling technology for other innovations. One important example are mobile phone based money transfers, which could be very relevant for the rural poor, who are often underserved by the formal banking system. We analyze impacts of mobile money technology on the welfare of smallholder farm households in Kenya. Using panel survey data and regression models we show that mobile money use has a positive impact on household income. One important pathway is through remittances received from relatives and friends. Such remittances contribute to income directly, but they also help to reduce risk and liquidity constraints, thus promoting agricultural commercialization. Mobile money users apply more purchased farm inputs, market a larger proportion of their output, and have higher profits than non-users of this technology. These results suggest that mobile money can help to overcome some of the important smallholder market access constraints that obstruct rural development and poverty reduction. PMID:25286032

  20. Mobile money, smallholder farmers, and household welfare in Kenya.

    Science.gov (United States)

    Kikulwe, Enoch M; Fischer, Elisabeth; Qaim, Matin

    2014-01-01

    The use of mobile phones has increased rapidly in many developing countries, including in rural areas. Besides reducing the costs of communication and improving access to information, mobile phones are an enabling technology for other innovations. One important example are mobile phone based money transfers, which could be very relevant for the rural poor, who are often underserved by the formal banking system. We analyze impacts of mobile money technology on the welfare of smallholder farm households in Kenya. Using panel survey data and regression models we show that mobile money use has a positive impact on household income. One important pathway is through remittances received from relatives and friends. Such remittances contribute to income directly, but they also help to reduce risk and liquidity constraints, thus promoting agricultural commercialization. Mobile money users apply more purchased farm inputs, market a larger proportion of their output, and have higher profits than non-users of this technology. These results suggest that mobile money can help to overcome some of the important smallholder market access constraints that obstruct rural development and poverty reduction.

  1. Mobile money, smallholder farmers, and household welfare in Kenya.

    Directory of Open Access Journals (Sweden)

    Enoch M Kikulwe

    Full Text Available The use of mobile phones has increased rapidly in many developing countries, including in rural areas. Besides reducing the costs of communication and improving access to information, mobile phones are an enabling technology for other innovations. One important example are mobile phone based money transfers, which could be very relevant for the rural poor, who are often underserved by the formal banking system. We analyze impacts of mobile money technology on the welfare of smallholder farm households in Kenya. Using panel survey data and regression models we show that mobile money use has a positive impact on household income. One important pathway is through remittances received from relatives and friends. Such remittances contribute to income directly, but they also help to reduce risk and liquidity constraints, thus promoting agricultural commercialization. Mobile money users apply more purchased farm inputs, market a larger proportion of their output, and have higher profits than non-users of this technology. These results suggest that mobile money can help to overcome some of the important smallholder market access constraints that obstruct rural development and poverty reduction.

  2. The Money Laundering Prevention System

    Directory of Open Access Journals (Sweden)

    Sonja Cindori

    2007-03-01

    Full Text Available The paper presents the money laundering and terrorist financing prevention system in Croatia. The basic concepts are defined, the principles and fundamentals of international regulations analysed, and the regulatory system in Croatia covered by statute and money laundering prevention Regulations is presented, in conjunction with a description of the organisation, remit and international actions of the Money Laundering Prevention Office.The infiltration of dirty money is a crucial problem from national economies. The purchase of shares, of real estate, the establishment of dirty investment funds and the use of the banking system for the embedding of such resources is a danger to the credibility of a whole country, and in particular to the security of the financial and banking system. Croatia has adopted statutory measures aimed at the effective detection and prevention of suspicious financial transactions, in other words the prevention of money laundering.Launderers constantly find new ways, make use of new non-financial channels and expand their activities to real estate, artworks and insurance. Hence it is necessary to keep up with European approaches and recommendations, to strive for further improvement of the laws and the modernisation of the system, and to adopt new regulations harmonised with international standards, particularly with Directive 2005/60/EC.

  3. Money and the Transmission of Monetary Policy

    OpenAIRE

    Seth Carpenter; Selva Demiralp

    2009-01-01

    The transmission mechanism of monetary policy has received extensive treatment in the macroeconomic literature. Most models currently used for macroeconomic analysis exclude money or else model money demand as entirely endogenous. Nevertheless, academic research and many textbooks continue to use the money multiplier concept in discussions of money. We explore the institutional structure of the transmission mechanism beginning with open market operations through to money and loans to document...

  4. Endogeneity of Money Supply: Evidence From Turkey

    OpenAIRE

    Oguzhan Cepni; Ibrahim Ethem Guney

    2017-01-01

    There is a long discussion among academics and central bankers about the theories of money supply. According to the exogenous view, central banks have the full control over money supply via policy actions including the adjustments of interest rates and reserve ratios, both of which alter commercial banks’ lending decisions. However, the theory of endogenous money supply emphasizes the role of demand for bank loans in money creation. More specifically, banks create money by meeting the demand ...

  5. The money issue.

    Science.gov (United States)

    Carpenter, Dave; Haugh, Richard

    2003-06-01

    Volume is rising at a healthy pact. Technology is improving patient care. Many organizations have, out of necessity, strengthened business fundamentals, controlled costs and refined their focus. Yet not-for-profit hospitals are squeezed by a cash crunch that has balance sheets under pressure and credit downgrades outpacing upgrades--the result of shrinking investment income, rising pension obligations, low government reimbursement and other threats to operational stability. N&HN looks at the challenges, including recent fallout from the most pressing issues, how some systems have responded, and the pros and cons of borrowing now.

  6. Energy saving advice on site. A financial incentive of the Federal Ministry of Economics and Technology; Energiesparberatung vor Ort. Ein Foerderprogramm des Bundesministeriums fuer Wirtschaft und Technologie

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2012-06-15

    Energy conservation is useful not only from the perspective of energy policy and climate policy. Energy conservation also means a noticeable cost savings. Here, the program 'on-site consultation' comes in: experts assist owners, renters and tenants of residential buildings in the renovation of real estate. The expert advice is funded by the Kreditanstalt fuer Wiederaufbau (Frankfurt (Main), Federal Republic of Germany) if it is recognizable that this is not achievable economically.

  7. Energy saving certificates

    International Nuclear Information System (INIS)

    2005-11-01

    The French ministry of economy, finances and industry and the French agency of environment and energy mastery (Ademe) have organized on November 8, 2005, a colloquium for the presentation of the energy saving certificates, a new tool to oblige the energy suppliers to encourage their clients to make energy savings. This document gathers the transparencies presented at this colloquium about the following topics: state-of-the-art and presentation of the energy saving certificates system: presentation of the EEC system, presentation of the EEC standard operations; the energy saving certificates in Europe today: energy efficiency commitment in UK, Italian white certificate scheme, perspectives of the different European systems. (J.S.)

  8. Spending to save

    DEFF Research Database (Denmark)

    Larsen, Anders

    2013-01-01

    the energy distribution companies meet their overall saving obligation, the net savings impact are about a third of the savings reported by the obligated parties. Further it was found that while energy savings in the public and business sector have a high net impact, some subsidies given under the EEO...... perspective. The evaluation has resulted in noticeable adjustments of the design of the Danish EEO, e.g. introduction of a 1 year payback-time limit for projects receiving subsidies, a minimum baseline for insulation products, and specification of documentation requirements....

  9. The global anti-money laundering regime: an assessment of effectiveness

    OpenAIRE

    Ramírez Vásquez, Daniel

    2017-01-01

    Money laundering is the most commonly occurring form of financial crime -- This has been facilitated by the presence of diverse technology that has made money laundering easier -- Globally, money laundering is a major concern since it is linked to terrorist financing and corruption of the financial systems -- In response, the international community has strengthened the AML/CFT structures following the terrorist act in the Unites States in September 2011 -- The thesis presents an analysis of ...

  10. Monetary policy and the causality between inflation and money supply in Indonesia

    Directory of Open Access Journals (Sweden)

    Gatot Sasongko

    2018-05-01

    Full Text Available Conceptually and empirically, inflation volatility in Indonesia is a monetary and fiscal phenomenon. This study focuses on the macroeconomic policy and public policy especially causality between two variables namely inflation and money supply in Indonesia. This study uses Indonesian macroeconomic data of inflation and money supply from the Bank of Indonesia publication during 2007.1–2017.7. Inflation is measured by the consumer price index, reflects the annual percentage change in costs of acquiring a basket of goods and services to the average consumers that may change at specified intervals. Meanwhile, money supply is measured by the currency, demand deposits, time deposits, and saving deposits. Methodically, this study uses the Granger Causality model to determine the causality between inflation and money supply. The results show that there is a one-way causality between inflation and money supply in Indonesia. These findings imply that money supply causes inflation, but not vice versa. This condition implies that the role of Indonesian Government and Bank of Indonesia were very crucial in managing and controlling macroeconomic policy and public policy. Then, analysis of money supply and inflation also related to impacting factors such as money laundering, role of banks, taxation, tax evasion, and corruption.

  11. Endogenous money, circuits and financialization

    OpenAIRE

    Malcolm Sawyer

    2013-01-01

    This paper locates the endogenous money approach in a circuitist framework. It argues for the significance of the credit creation process for the evolution of the economy and the absence of any notion of ‘neutrality of money’. Clearing banks are distinguished from other financial institutions as the providers of initial finance in a circuit whereas other financial institutions operate in a final finance circuit. Financialization is here viewed in terms of the growth of financial assets an...

  12. Disordered Money Behaviors: Development of the Klontz Money Behavior Inventory

    Directory of Open Access Journals (Sweden)

    Brad T Klontz

    2012-06-01

    Full Text Available Much of the existing literature on financial behavior focuses on basic money management tasks (e.g., balancing a checkbook. However, it can be equally important to identify problematic financial behaviors that can sabotage one’s financial health. The purpose of this study was to create an assessment tool that can be used by mental health and financial professionals to identify disordered money behaviors that may impede on progress towards one’s financial goals. This study asked 422 respondents to indicate their agreement with disordered money behaviors, including compulsive buying, pathological gambling, compulsive hoarding, workaholism, financial enabling, financial dependence, financial denial, and financial enmeshment, which were correlated with demographic characteristics and financial outcomes. The results identified eight subscales derived from 68 disordered money behavior items. All eight subscales were found to have high reliability in measuring disordered behaviors, and six were associated with negative financial health indicators (e.g. less net worth, less income, and/or more revolving credit.

  13. Discount rates in risk versus money and money versus money tradeoffs.

    Science.gov (United States)

    Alberini, Anna; Chiabai, Aline

    2007-04-01

    We use data from a survey of residents of five Italian cities conducted in late spring 2004 to estimate the discount rates implicit in (1) money versus future risk reductions and (2) money versus money tradeoffs. We find that the mean personal discount rate is 0.3-1.7% in (1) and 8.7% in (2). The latter is lower than the discount rates estimated in comparable situations in many recent studies, greater than market interest rates in Italy at the time, and exhibits modest variation with age and gender. The discount rate implicit in money versus risk tradeoffs is within the range of estimates from studies in the United States and Europe, and does not depend on observable individual characteristics. We use split samples to investigate whether a completely abstract risk reduction - one where the risk reduction delivery has been stripped of all specifics, so that respondents should focus on the risks without being distracted by details - results in WTP and discount figures comparable to those from an identified delivery mechanism (a medical test). We find that while WTP for an immediate risk reduction is 42-73% higher with the abstract risk reduction, the discount rate in the money versus risk tradeoffs and the variance of the error term in the WTP equation are the same across the two variants of the questionnaire.

  14. Inferring Saving in Training Time From Effect Size Estimates

    National Research Council Canada - National Science Library

    Burright, Burke

    2000-01-01

    .... Students' time saving represents a major potential benefit of using them. This paper fills a methodology gap in estimating the students' timesaving benefit of asynchronous training technologies...

  15. PERLINDUNGAN HUKUM TERHADAP PEMEGANG KARTU E-MONEY SEBAGAI ALAT PEMBAYARAN DALAM TRANSAKSI KOMERSIAL

    Directory of Open Access Journals (Sweden)

    Ni Nyoman Anita Candrawati

    2014-03-01

    Full Text Available One means of electronic or non-cash payments are by using electronic money card (e-money. Value of money is stored electronically and issued on the basis of the value of money paid to the holders of the provider. The money is used as a means of payment, but not the deposit as stipulated in the Banking Law, so it is not guaranteed by Saving Guarantee Institution (LPS.   There are two issues that were examined in this study, namely: the arrangements for electronic money card holders in e-money transactions and legal protection for the cardholder to perform e-money transactions. The research is a normative legal research using law and conceptual approach. Based on the results of studies conducted on the issue, the legal regulation of the form of electronic    money    stipulated    in    Bank    Indonesia    Regulation    Number 11/12/PBI/2009   on   Electronic   Money,   and   through   standard   agreements governed by the provider, such as terms and conditions of the card holder. Legal protection for the cardholder is required to ensure the equality of the provider and the card holder, including legal protection against the misuse of e-money card that can be detrimental to the holder, through preventive and repressive legal protection.

  16. Moneta e quasi-moneta. (Money and quasi-money

    Directory of Open Access Journals (Sweden)

    F. CESARANO

    2013-12-01

    Full Text Available L'analisi della definizione degli aggregati monetari ha avuto un ruolo di primo piano nel dibattito sul denaro negli anni Sessanta e la prima metà degli anni Settanta . I problemi connessi con il rapporto tra denaro e quasi- denaro ha importanti implicazioni per i vari aspetti fondamentali della teoria monetaria e della politica monetaria . In Italia , per motivi legati alla peculiarità del  quadro istituzionale , il problema in questione non ha ricevuto molta attenzione . Solo di recente , a seguito della diffusione di strumenti di mercato monetario ,  molti partiti hanno sollevato la questione per quanto riguarda l'inclusione di questi strumenti nella definizione dello stock del denaro . Dopo aver spiegato la natura del problema , il presente lavoro fornisce un'analisi empirica della questione .The analysis of the definition of monetary aggregates has had a leading role in the debate on money in the sixties and the first half of the seventies. The problems associated with the relationship between money and quasi-money has important implications for various fundamental aspects of monetary theory and monetary policy. In Italy, for reasons related to the peculiar institutional framework, the issue in question has not received much attention. Only recently, as a result of the diffusion of money market instruments, have many parties raised the question regarding the inclusion of these instruments in the definition of the stock of money. After explaining the nature of the problem, the present work provides an empirical analysis of the issue.JEL: E42, E52

  17. Energy Savings Lifetimes and Persistence

    Energy Technology Data Exchange (ETDEWEB)

    Hoffman, Ian M. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Schiller, Steven R. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Todd, Annika [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Billingsley, Megan A. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Goldman, Charles A. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Schwartz, Lisa C. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

    2016-02-01

    This technical brief explains the concepts of energy savings lifetimes and savings persistence and discusses how program administrators use these factors to calculate savings for efficiency measures, programs and portfolios. Savings lifetime is the length of time that one or more energy efficiency measures or activities save energy, and savings persistence is the change in savings throughout the functional life of a given efficiency measure or activity. Savings lifetimes are essential for assessing the lifecycle benefits and cost effectiveness of efficiency activities and for forecasting loads in resource planning. The brief also provides estimates of savings lifetimes derived from a national collection of costs and savings for electric efficiency programs and portfolios.

  18. Save energy of 21{sup st} century in public welfare section. Practical technology and future prospect; Minsei bumon ni okeru 21seiki no sho energy. Jitsuyoka gijutsu to shorai tenbo

    Energy Technology Data Exchange (ETDEWEB)

    Nakagami, H. [Jyu Kankyo Research Inst., Inc. Tokyo (Japan)

    1998-01-01

    Only 2 years left for 20th century. This 100 years, population increased 3 times, actual GNP became 42 times higher, energy consumption was increased to 52 times and amount of CO{sub 2} generation has been 31 times higher. Even at present after 20 years of second oil chock, consumption of energy and amount of CO{sub 2} generation are in a increasing trend. Among them, in public welfare section, energy consumption is increasing along with the transportation section. In residence, increase in energy demand is due to the improvement of residential environment, wide application of home electrical appliances, and increase in official energy demand is due to wider floor space, wide use of OA equipments, automatic vender machines. On the other hand, energy saving of air conditioning, refrigerator, television and so forth has been progressed widely. However, progress of these save energy technologies also is not sufficient to cope with the speed of energy consumption. Results differ with the progress of technology development, speed of its wide use and so forth, however, reduction of generation of CO{sub 2} to a 1990 level in public welfare section is very difficult. General measures like perfect technology development, economical aid, advertisement and so forth are in demand

  19. Contract saving schemes

    NARCIS (Netherlands)

    Ronald, R.; Smith, S.J.; Elsinga, M.; Eng, O.S.; Fox O'Mahony, L.; Wachter, S.

    2012-01-01

    Contractual saving schemes for housing are institutionalised savings programmes normally linked to rights to loans for home purchase. They are diverse types as they have been developed differently in each national context, but normally fall into categories of open, closed, compulsory, and ‘free

  20. DSM energy saving pilot project report. Company Augstceltne Ltd., Riga, Latvia

    Energy Technology Data Exchange (ETDEWEB)

    Krievins, P.; Cakuls, A.; Kaross, V.; Jansons, D.

    1995-05-01

    This report is a part of the Joint Latvian - Danish Project DEMAND SIDE MANAGEMENT AND ENERGY SAVING. The Project is a part of the Danish aid and technology transfer to Latvia. It is the result of collaborative efforts between a Latvian team, consisting of the specialists from Latvenergo and a Danish team, which was represented by Danish Power Consult. The purpose of this pilot project was not only to carry out energy audit in the company Augstceltne Ltd and propose demand side management and energy saving measures. Another task of the project was the application of DPC energy audit methodic, measuring equipment and software in Latvian conditions and the promotion of energy saving programs in Latvia in this way. The Company Augstceltne Ltd was created to rent the rest of premises for many other independent companys and to earn money for surviving. Now the Company has 9 buildings with a total area of 26,920 square meters. The tower block has 23 floors and it is the main business centre. 66 companies are located in the building. (EG)

  1. Globalization and Money Laundering

    Directory of Open Access Journals (Sweden)

    George Dorel Popa

    2012-05-01

    Full Text Available Twentieth century has been characterized by many structural changes on the planetary level. Thechanges were caused by social revolutions, the communist bloc collapse, huge technological advances, notleast the significant increase of the international trade volume. The second part of the century brought theglobalization as a major feature of our world. Globalization has manifested first in the Economical field andthen gradually in other areas of the social life. This phenomenon brought undeniable benefits and a number ofrisks and negative effects for the countries of the world. The biggest threat in this respect is the extent oftransnational organized crime. The originality of this paper is consisting in understanding of moneylaundering using the factors that define the formation and development of this crime, as well the favor factors.The added value of the paper comes from interdisciplinary presentation of this crime. This paper highlightsthe conditions and factors that cause serious consequences in this respect. Studying this crime and its featurescould be a key for solving many problems in the area of Economical crimes. This paper could contribute tothe work of police officers, prosecutors or judges on daily bases fight against crime and its socialconsequences.

  2. Eleven Ways To Make Money.

    Science.gov (United States)

    Vail, Kathleen

    1998-01-01

    Many school districts are becoming aggressively entrepreneurial in their efforts to raise money. One district serves as the Internet service provider for their area, another rents buses and drivers to community groups. A sidebar describes a controversial deal between Coca-Cola and the Colorado Springs School District. (MLF)

  3. Money and transmission of bacteria.

    NARCIS (Netherlands)

    Gedik, H.; Voss, T.A.; Voss, A.

    2013-01-01

    Money is one of the most frequently passed items in the world. The aim of this study was to ascertain the survival status of bacteria including Staphylococcus aureus, Escherichia coli, and Vancomycin- Resistant Enterococci (VRE) on banknotes from different countries and the transmission of bacteria

  4. Reliability Analysis of Money Habitudes

    Science.gov (United States)

    Delgadillo, Lucy M.; Bushman, Brittani S.

    2015-01-01

    Use of the Money Habitudes exercise has gained popularity among various financial professionals. This article reports on the reliability of this resource. A survey administered to young adults at a western state university was conducted, and each Habitude or "domain" was analyzed using Cronbach's alpha procedures. Results showed all six…

  5. Money Matters: Comment and Analysis.

    Science.gov (United States)

    Alexander, Kern

    1998-01-01

    If money truly does not matter, and disadvantage cannot be quantified in terms of valuable social or economic goods, then questions of justice become aridly academic. How are resources to be valued? Faulty research design skewed Eric Hanushek's results. More precisely designed studies are revealing relationships between school expenditures and…

  6. Measuring industrial energy savings

    International Nuclear Information System (INIS)

    Kelly Kissock, J.; Eger, Carl

    2008-01-01

    Accurate measurement of energy savings from industrial energy efficiency projects can reduce uncertainty about the efficacy of the projects, guide the selection of future projects, improve future estimates of expected savings, promote financing of energy efficiency projects through shared-savings agreements, and improve utilization of capital resources. Many efforts to measure industrial energy savings, or simply track progress toward efficiency goals, have had difficulty incorporating changing weather and production, which are frequently major drivers of plant energy use. This paper presents a general method for measuring plant-wide industrial energy savings that takes into account changing weather and production between the pre and post-retrofit periods. In addition, the method can disaggregate savings into components, which provides additional resolution for understanding the effectiveness of individual projects when several projects are implemented together. The method uses multivariable piece-wise regression models to characterize baseline energy use, and disaggregates savings by taking the total derivative of the energy use equation. Although the method incorporates search techniques, multi-variable least-squares regression and calculus, it is easily implemented using data analysis software, and can use readily available temperature, production and utility billing data. This is important, since more complicated methods may be too complex for widespread use. The method is demonstrated using case studies of actual energy assessments. The case studies demonstrate the importance of adjusting for weather and production between the pre- and post-retrofit periods, how plant-wide savings can be disaggregated to evaluate the effectiveness of individual retrofits, how the method can identify the time-dependence of savings, and limitations of engineering models when used to estimate future savings

  7. Saving-enhanced memory: the benefits of saving on the learning and remembering of new information.

    Science.gov (United States)

    Storm, Benjamin C; Stone, Sean M

    2015-02-01

    With the continued integration of technology into people's lives, saving digital information has become an everyday facet of human behavior. In the present research, we examined the consequences of saving certain information on the ability to learn and remember other information. Results from three experiments showed that saving one file before studying a new file significantly improved memory for the contents of the new file. Notably, this effect was not observed when the saving process was deemed unreliable or when the contents of the to-be-saved file were not substantial enough to interfere with memory for the new file. These results suggest that saving provides a means to strategically off-load memory onto the environment in order to reduce the extent to which currently unneeded to-be-remembered information interferes with the learning and remembering of other information. © The Author(s) 2014.

  8. Keynesian multiplier versus velocity of money

    Science.gov (United States)

    Wang, Yougui; Xu, Yan; Liu, Li

    2010-08-01

    In this paper we present the relation between Keynesian multiplier and the velocity of money circulation in a money exchange model. For this purpose we modify the original exchange model by constructing the interrelation between income and expenditure. The random exchange yields an agent's income, which along with the amount of money he processed determines his expenditure. In this interactive process, both the circulation of money and Keynesian multiplier effect can be formulated. The equilibrium values of Keynesian multiplier are demonstrated to be closely related to the velocity of money. Thus the impacts of macroeconomic policies on aggregate income can be understood by concentrating solely on the variations of money circulation.

  9. 31 CFR 363.95 - How may I give, and who can receive, a book-entry savings bond as a gift?

    Science.gov (United States)

    2010-07-01

    ... may give a book-entry savings bond as a gift in two ways: (a) An individual may purchase a book-entry..., a book-entry savings bond as a gift? 363.95 Section 363.95 Money and Finance: Treasury Regulations... DEBT REGULATIONS GOVERNING SECURITIES HELD IN TREASURYDIRECT Book-Entry Savings Bonds Purchased Through...

  10. Reactors Save Energy, Costs for Hydrogen Production

    Science.gov (United States)

    2014-01-01

    While examining fuel-reforming technology for fuel cells onboard aircraft, Glenn Research Center partnered with Garrettsville, Ohio-based Catacel Corporation through the Glenn Alliance Technology Exchange program and a Space Act Agreement. Catacel developed a stackable structural reactor that is now employed for commercial hydrogen production and results in energy savings of about 20 percent.

  11. 1998 Annual Study Report. Surveys on seeds for global environmental technologies, including those for energy saving; 1998 nendo chosa hokokusho. Sho energy nado chikyu kankyo taisaku gijutsu no seeds ni kansuru chosa

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-03-01

    The energy-saving and other global environmental technologies are surveyed by collecting relevant information from various institutes, both abroad and domestic, to contribute to development of ceramic gas turbines. USA has announced a climate change plan, based on the five principles, to promote utilization of high-efficiency technologies and development of new clean technologies. UK is promoting to improve energy efficiency, along with liberalization of its energy markets. Germany concentrates its efforts in the 'Program for Energy Research and Energy Technologies.' France places emphasis on prevention of air pollution and rational use of energy. The R and D trends at public institutes, e.g., universities, for global environmental technologies are surveyed, from which a total of 14 themes are extracted as the seed technologies. At the same time, a total of 9 techniques potentially applicable to the seeds are extracted by mainly reviewing JICST and patent information, and assessed. The R&D trends of the IPCC-related researchers are also surveyed, but provide no theme directly applicable to the seeds. Most of the related themes at the private and public institutes surveyed, both domestic and abroad, are concentrated on carbon dioxide. (NEDO)

  12. Does parental job insecurity matter? Money anxiety, money motives, and work motivation.

    Science.gov (United States)

    Lim, Vivien K G; Sng, Qing Si

    2006-09-01

    A structural model focusing on the spillover effect of parental perceived job insecurity on money anxiety was developed and tested. The crossover effect of parents' money anxiety on their children's money anxiety, money motives, and motivation to work was also examined. Data were collected from a sample of undergraduates and their parents. Results of structural equation modeling analyses supported a spillover effect of paternal perceived job insecurity on paternal money anxiety. However, maternal perceived job insecurity was not significantly associated with maternal money anxiety. Results also supported a crossover effect of parental money anxiety on youths' money anxiety. Youths' money anxiety was significantly related to youths' negative money motives. In turn, youths' negative money motives were associated with their intrinsic motivation to work. Implications of the findings are discussed. (c) 2006 APA, all rights reserved

  13. HOUSEHOLD SAVINGS AS A SOURCE OF INVESTMENT RESOURCES IN UKRAINE

    Directory of Open Access Journals (Sweden)

    E. Nosova

    2015-03-01

    Full Text Available The approaches of scientists in definition of the household savings, the motives of their creation and the role they perform are identified; the role of household savings in the economy is described; the importance of household saving transformation from unorganized to organized forms is analyzed; the size of saving in financial and nonfinancial forms, its dynamics and structure are characterized; comparison between household savings and main macroeconomic indicators is conducted; ways of investment of households savings are discussed; the dynamics of deposits in banks and credit unions, the participation of households in collective investment schemes (private and corporate investment funds is characterized; the dynamics of household deposits in national and foreign currencies is shown; the dynamics of nominal value of investment fund’s securities, that have been placed among resident individuals are characterized; the dynamics of deposit accounts and the number of credit unions members are described; the comparative characteristics of different ways to invest money is given; the reasons of unorganized savings existence are marked; barriers to convert savings into investments and the ways of overcoming them are identified.

  14. Endogeneity of Money Supply: Evidence From Turkey

    Directory of Open Access Journals (Sweden)

    Oguzhan Cepni

    2017-02-01

    Full Text Available There is a long discussion among academics and central bankers about the theories of money supply. According to the exogenous view, central banks have the full control over money supply via policy actions including the adjustments of interest rates and reserve ratios, both of which alter commercial banks’ lending decisions. However, the theory of endogenous money supply emphasizes the role of demand for bank loans in money creation. More specifically, banks create money by meeting the demand of economic agents. In this study, we investigate which of the money supply theories holds in Turkish economy for the period 2006-2015 by employing cointegration and causality tests. Our findings show that the causality runs from bank loans to money supply both in the short and long terms, which supports the endogenous view in a sense that central bank and the banks fully meet the total demand for money in Turkish economy.

  15. Mobile Money and Local Development | IDRC - International ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    New forms of mobile-based financial applications - known as mobile money ... and shared with teams presently implementing socially-motivated mobile money ... IWRA/IDRC webinar on climate change and adaptive water management.

  16. Energy Savings Potential and Research & Development Opportunities for Commercial Refrigeration

    Energy Technology Data Exchange (ETDEWEB)

    none,

    2009-09-01

    This study documents the energy consumption of commercial refrigeration equipment (CRE) in the U.S. and evaluated the energy savings potential of various technologies and energy efficiency measures that could be applied to such equipment. The study provided an overview of CRE applications, assessed the energy-savings potential of CRE in the U.S., outline key barriers to adoption of energy-savings technologies, and recommended opportunities for advanced energy saving technology research. The study was modeled after an earlier 1996 report by Arthur D. Little, Inc., and updated key information, examined more equipment types, and outlined long-term research and development opportunities.

  17. Monetary Policy Implications of Electronic Money

    OpenAIRE

    Berentsen, Aleksander

    1997-01-01

    The term digital money refers to various proposed electronic payment mechanisms designed for use by consumers to make retail payments. Digital money products have the potential to replace central bank currency, thereby affecting the money supply. This paper studies the effect of replacing central bank currency on the narrowly defined stock of money under various assumptions regarding regulatory policies and monetary operations of central banks and the reaction of the banking system.

  18. Energetic Issues Concerning the Content of Money

    OpenAIRE

    Negoescu Gheorghe; Radu Riana Iren

    2012-01-01

    In full times of crisis, money has become increasingly more important. We put the issue to analyze whether money can be considered a form of energy. The article is taking into consideration the conservation of energy and for money is due to kinetic energy during the boom and to potential energy during the crisis. In the article is also made an illustration of the energetic content of money at a company’s level.

  19. Endogenous money: the evolutionary versus revolutionary views

    OpenAIRE

    Louis-Philippe Rochon; Sergio Rossi

    2013-01-01

    The purpose of this paper is to shed light on the endogenous nature of money. Contrary to the established post-Keynesian, or evolutionary, view, this paper argues that money has always been endogenous, irrespective of the historical period. Instead of the evolutionary theory of money and banking that can be traced back to Chick (1986), this paper puts forward a revolutionary definition of endogenous money consistent with many aspects of post-Keynesian economics as well as with the monetary ci...

  20. The endogeneity of money and the eurosystem

    OpenAIRE

    Steiger, Otto

    2004-01-01

    The endogenous theory of money, developed by Basil Moore, argues that the supply of central bank money in modern economies is not under the control of the central bank. According to this view, a central bank typically supplies cash reserves automatically on demand at its minimum lending rate, resulting in a clearly horizontal money supply function. While the paper agrees with Moore that the supply of central bank money cannot be determined exogenously by the central bank, it wonders whether t...

  1. European Regulatory Framework for Money Market Funds

    OpenAIRE

    Portuese, Aurelien; MacNeil, Iain

    2014-01-01

    Money market funds are widely used by all types of investors, including households, corporate treasurers, pension funds, or insurance companies, who regard money market funds as a ‘safe’ short-term liquid asset class for investing cash. In this case they are proxies to cash deposits. Money market funds are themselves key lenders to issuers of short dated high quality money market instruments. They provide an important source of funding for a variety of institutions such as sovereigns, banks, ...

  2. [The impact of nutrient prosperity of the body on the alimentary status of junior high school pupils within the framework of the implementation of health-saving technologies].

    Science.gov (United States)

    Setko, A G; Trishina, S P; Timoshenko, E P

    2014-01-01

    In the work there was performed the assessment of the actual nutrition of high school pupils, its impact on the nutritional status and efficiency of the implementation in the modern educational process certified vitamin-mineral complexes as a health-saving component of the optimization of rations. The introduction of additional vitamin-mineral complexes into the food of high school pupils was established to lead to the optimization of nutrition content by most of macro- and micronutrients, which in turn contributed to the increase in the number of children with an adequate supply of the body with vitamins and also contributed to the increase of students with a satisfactory adaptation by 44.3%, cases having sufficient performance reserves by 48.4% and the decrease of the number of children with sharply reduced functional reserves by 4 times.

  3. Realized Cost Savings 2016

    Data.gov (United States)

    Department of Veterans Affairs — This dataset is provided as a requirement of OMB’s Integrated Data Collection (IDC) and links to VA’s Realized Cost Savings and Avoidances data in JSON format. Cost...

  4. The Meaning of Money Revisited: Workers' View.

    Science.gov (United States)

    Tang, Thomas Li-Ping

    Money has significant impacts on people's motivation and their work-related behavior in organizations. This study was conducted to develop the Money Ethic Scale (MES) and to examine the initial nomological network of the scale. A 25-page questionnaire on attitudes toward money was distributed to 1,200 subjects, including students and faculty of a…

  5. Fertility and money in an OLG model

    OpenAIRE

    Luciano Fanti

    2012-01-01

    We extend the two-period-lived-agent overlapping generations model with endogenous fertility and demand for money to understand whether and how the introduction of a money sector modifies what we have so far learned about fertility behaviours. It is shown that the existence of money may tend to exacerbate existing problems of either under-population or over-population.

  6. 75 FR 10059 - Money Market Fund Reform

    Science.gov (United States)

    2010-03-04

    ... contain adverse effects on the capital markets and other money market funds. In addition, throughout the... acquisition of second tier securities by money market funds might have a negative effect on those issuers of...; Treasury Strategies Comment Letter. Commenters asserted that eliminating money market funds' ability to...

  7. THE ORIGINS AND NATURE OF MONEY

    Directory of Open Access Journals (Sweden)

    Mihaela IAVORSCHI

    2014-06-01

    Full Text Available The importance of money and the role they hold in the economy can be seen as the keystone of economic life. For a better understanding of the essence of the monetary phenomena it is especially important to turn to history and see how money was born. By turning to their origins, we discover the real fundaments of monetary issues. Only after such a systematic analysis we will be able to suggest the appropriate solutions for the current monetary issues. Therefore, in this study I will research the origin of money and their functionality on the market.The aim of this paper is to analyse the origin of money as a social institution. The appearance and use of money has prehistoric roots. People have turned to the usage of money out of need to facilitate trade. During thousands of years money has known different forms going from money as merchandise, to coins and later to paper money and electronic currency. In this study I have analysed the role of natural money, as well as their production and functionality on the market. The main questionto be answered is whether the production and functionality of paper money nowadays is the consequence of the free market, having the Austrian’s School liberal perspective as a starting point. This methodological approach demonstrates that money is and will remain a social institution and the implication of the authorities in the currency issuing, even from ancient times, has caused distortions in the economic activity.

  8. Estimating the energy saving potential of telecom operators in China

    International Nuclear Information System (INIS)

    Yang, Tian-Jian; Zhang, Yue-Jun; Huang, Jin; Peng, Ruo-Hong

    2013-01-01

    A set of models are employed to estimate the potential of total energy saved of productions and segmented energy saving for telecom operators in China. During the estimation, the total energy saving is divided into that by technology and management, which are derived from technical reform and progress, and management control measures and even marketing respectively, and the estimating methodologies for energy saving potential of each segment are elaborated. Empirical results from China Mobile indicate that, first, the technical advance in communications technology accounts for the largest proportion (70%–80%) of the total energy saved of productions in telecom sector of China. Second, technical reform brings about 20%–30% of the total energy saving. Third, the proportions of energy saving brought by marketing and control measures appear relatively smaller, just less than 3%. Therefore, China's telecom operators should seize the opportunity of the revolution of communications network techniques in recent years to create an advanced network with lower energy consumption

  9. The Meaning of Money Revisited: The Development of the Money Ethic Scale.

    Science.gov (United States)

    Tang, Thomas Li-Ping

    Despite the fact that money is important in everyday life, there is a dearth of empirical material and research concerning the meaning of money and people's attitudes towards money in the psychological literature. This study examined the underlying concepts or beliefs people hold about money and the extent to which different needs can be fulfilled…

  10. GENDERED DOLLARS: Pin Money, Mad Money, and Changing Notions of a Woman’s Proper Place

    Directory of Open Access Journals (Sweden)

    Janice Traflet

    2008-01-01

    Full Text Available This essay examines the evolution in the meaning and usage of two types of special currencies: pin money and mad money. At the start of the twentieth century, both currencies were considered a woman’s money. By the end of the century, however, both pin money and mad money had lost a large measure of their original gendered connotations. By situating the evolving meanings of these currencies alongside concepts of domesticity, virtuous womanhood, and a woman’s proper place, this essay strives to illuminate the rise and fall of pin money and mad money as uniquely “women’s dollars." 

  11. When Demand Creates its Own Supply: Saving Traps

    OpenAIRE

    Christophe Chamley

    2014-01-01

    The mechanism by which aggregate supply creates the income that generates its matching demand (called Say's Law), may not work in a general equilibrium with decentralized markets and savings in bonds or money. Full employment is an equilibrium, but convergence to that state is slow. A self-fulfilling precautionary motive to accumulate bonds (with a zero aggregate supply) can set the economy on an equilibrium path with a fast convergence towards a steady state with unemployment that may be an ...

  12. Money Creation in a Random Matching Model

    OpenAIRE

    Alexei Deviatov

    2006-01-01

    I study money creation in versions of the Trejos-Wright (1995) and Shi (1995) models with indivisible money and individual holdings bounded at two units. I work with the same class of policies as in Deviatov and Wallace (2001), who study money creation in that model. However, I consider an alternative notion of implementability–the ex ante pairwise core. I compute a set of numerical examples to determine whether money creation is beneficial. I find beneficial e?ects of money creation if indiv...

  13. Money growth volatility and the demand for money in Germany: Friedman's volatility hypothesis revisited

    OpenAIRE

    Brüggemann, Imke; Nautz, Dieter

    1997-01-01

    Recently, the Bundesbank claimed that monetary targeting has become considerably more diffcult by the increased volatility of short-term money growth. The present paper investigates the impact of German money growth volatility on income velocity and money demand in view of Friedman's money growth volatility hypothesis. Granger-causality tests provide some evidence for a velocity-volatility linkage. However the estimation of volatility-augmented money demand functions reveals that - in contras...

  14. THE TWO SIDES OF MONEY LAUNDERING

    Directory of Open Access Journals (Sweden)

    Corina – Maria ENE

    2014-12-01

    Full Text Available The mainly goal of money laundering is to carry out more and more illegal economic transactions or activities to produce individual or groups gains and then to legitimate them. Money laundering converts illicit source of money generated by criminal activities in order to hide the connection between money and their original illegal activities. This is one of money laundering side. The second side implies corruption. While money laundering is a passing channel for illicit funds due to its criminal origin source, such funds may derive from corruption offences. All corruption’s forms represent the most important illicit funds branches for money laundering process. Corrupt people methods used to exploit the national and international financial system reflect the relationship between those two criminal activities. Criminals achieve their personal interests by hiding their corruption proceeds and transfer these gains to official economies. Corruption spread in any society entails money laundering spread, and the converse, too. There is a quite “indecent” relationship between money laundering and corruption. This paper tries to identify the multiple connections between the two phenomenons showing the negative impacts these criminal behaviours are having on the national and international economy. We conclude by highlighting the necessity of a multidisciplinary approach in order to fight against money laundering and corruption by integrating these problem frameworks at national level. International community must focus their resources on money laundering and corruption risks areas and maximize their response impact.

  15. Energy-Saving Melting and Revert Reduction Technology (E-SMARRT): Lost Foam Thin Wall - Feasibility of Producing Lost Foam Castings in Aluminum and Magnesium Based Alloys

    Energy Technology Data Exchange (ETDEWEB)

    Fasoyinu, Yemi [CanmetMATERIALS; Griffin, John A. [University of Alabama - Birmingham

    2014-03-31

    With the increased emphasis on vehicle weight reduction, production of near-net shape components by lost foam casting will make significant inroad into the next-generation of engineering component designs. The lost foam casting process is a cost effective method for producing complex castings using an expandable polystyrene pattern and un-bonded sand. The use of un-bonded molding media in the lost foam process will impose less constraint on the solidifying casting, making hot tearing less prevalent. This is especially true in Al-Mg and Al-Cu alloy systems that are prone to hot tearing when poured in rigid molds partially due to their long freezing range. Some of the unique advantages of using the lost foam casting process are closer dimensional tolerance, higher casting yield, and the elimination of sand cores and binders. Most of the aluminum alloys poured using the lost foam process are based on the Al-Si system. Very limited research work has been performed with Al-Mg and Al-Cu type alloys. With the increased emphasis on vehicle weight reduction, and given the high-strength-to-weight-ratio of magnesium, significant weight savings can be achieved by casting thin-wall (≤ 3 mm) engineering components from both aluminum- and magnesium-base alloys.

  16. Money demand elasticity, effective money supply and money market disequilibrium: ¡°China¡¯s Puzzle¡± and long-term excessive liquidity

    OpenAIRE

    LI Zhiguo

    2008-01-01

    Chinese excessive liquidity problems are more serious than other main countries. The upgrading industrial structure and the increasing opening degree lead to the excessive money demand and higher money demand elasticity. Bad credits weaken money supply effectiveness and lead to illusive increasing money. We set up the money market disequilibrium model under the condition of the excessive liquidity. The imbalance between money demand and money supply is the key of Chinese excessive liquidity p...

  17. Potential energy savings from cool roofs in Spain and Andalusia

    International Nuclear Information System (INIS)

    Boixo, Sergio; Diaz-Vicente, Marian; Colmenar, Antonio; Castro, Manuel Alonso

    2012-01-01

    Cool roofs are an inexpensive method to save energy and to improve the comfort level in buildings in mild and hot climates. A high scale implementation of cool roofs in Andalusia, in the south of Spain, could potentially save 295,000 kWh per year, considering only residential buildings with flat roofs using electrical heating. At the current energy prices, consumers can save 59 million euros annually in electricity costs and the emission of 136,000 metric tons of CO 2 can be directly avoided every year from the production of that electricity. If radiative forcings are considered, Andalucía can potentially offset between 9.44 and 12 Mt of CO 2 . All the provinces in the rest of Spain are also studied in this paper. The biggest savings are achieved in Gran Canaria (48%), Tenerife (48%), Cádiz (36%), Murcia (33%), Huelva (30%), Málaga (29%), Almería (29%) and Sevilla (28%), where savings are greater than 2 euros per square meter of flat roof for old buildings with dark roofs. For the biggest cities the range of savings obtained are: between 7.4% and 11% in Madrid, between 12% and 18% in Barcelona and between 14% and 20% in Valencia. -- Highlights: ► We estimate potential savings in energy, CO 2 , and money for cool roofs in Spain (residential sector with flat roofs). ► Average savings are of around one euro per square meter in the biggest cities. ► Potential savings are of more than 2 €/m 2 in the hottest cities. ► In Andalusia the potential savings are 300 MWh, 60 millions euro and 136,000 tons of CO 2 per year. ► With forcings, the CO 2 equivalence of cool roofs in Andalusia is between 9 and 12 Mt.

  18. Go where the money is

    International Nuclear Information System (INIS)

    Pressler, T. G. Jr.

    1996-01-01

    The information required by investment banks from private E and P companies regarding private financing, sales, mergers or acquisitions, was discussed. A bank will always refer to a company's reserve report in its evaluation. Using this and other information at its disposal, the principal role of the investment bank is to advise clients in regard to financial transactions, to help them receive a fair value and to steer them in the direction where the required funds are most likely to be available ('go where the money is'), be it in public or private markets, or through a sale, or merger

  19. Technology computer aided design simulation for VLSI MOSFET

    CERN Document Server

    Sarkar, Chandan Kumar

    2013-01-01

    Responding to recent developments and a growing VLSI circuit manufacturing market, Technology Computer Aided Design: Simulation for VLSI MOSFET examines advanced MOSFET processes and devices through TCAD numerical simulations. The book provides a balanced summary of TCAD and MOSFET basic concepts, equations, physics, and new technologies related to TCAD and MOSFET. A firm grasp of these concepts allows for the design of better models, thus streamlining the design process, saving time and money. This book places emphasis on the importance of modeling and simulations of VLSI MOS transistors and

  20. Value analysis for advanced technology products

    Science.gov (United States)

    Soulliere, Mark

    2011-03-01

    Technology by itself can be wondrous, but buyers of technology factor in the price they have to pay along with performance in their decisions. As a result, the ``best'' technology may not always win in the marketplace when ``good enough'' can be had at a lower price. Technology vendors often set pricing by ``cost plus margin,'' or by competitors' offerings. What if the product is new (or has yet to be invented)? Value pricing is a methodology to price products based on the value generated (e.g. money saved) by using one product vs. the next best technical alternative. Value analysis can often clarify what product attributes generate the most value. It can also assist in identifying market forces outside of the control of the technology vendor that also influence pricing. These principles are illustrated with examples.

  1. PDVSA INTEVEP Technologies in oil well drilling

    International Nuclear Information System (INIS)

    Bolivar, C.; Rafael, A.; Davila, Manuel A.

    1998-01-01

    The orimulsion, the generation of catalytic technologies and the development of HDH (process which transform heavy crudes in light crudes), are examples of some of the well known technologies developed by PDVSA INTEVEP. But the drilling oil wells technologies developed by the same entreprise, even though are very important, are less known all around the world. This document describes some products developed through those technologies: THIXOGAS T M which is an antimigratory aditive; INTEFLOW T M which is a fluid for drilling, complementation and rehabilitation of oil drills; INTERCAB T M which is an aditive for fluids in drilling; orimatita which is a denser for drilling fluids; CARBOLIG T M which is an aditive for drilling fluids; and many other products and technologies in development, impacted considerably the venezuelan economy by preserving the environment and saving quite an important amount of money in 1997 (Bs. 3.000 M M)

  2. 31 CFR 351.69 - When is a book-entry Series EE savings bond validly issued?

    Science.gov (United States)

    2010-07-01

    ... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false When is a book-entry Series EE... OFFERING OF UNITED STATES SAVINGS BONDS, SERIES EE Book-Entry Series EE Savings Bonds § 351.69 When is a book-entry Series EE savings bond validly issued? A book-entry bond is validly issued when it is posted...

  3. Evaluation of Naval Aviation Enterprise Airspeed's Generation of Measurable Cost Savings and Reinvestment for Recapitalization of the Future Navy and Marine Corps

    National Research Council Canada - National Science Library

    Williams, Robert J

    2007-01-01

    .... Through the implementation of AIRSpeed, the NAE strives to provide the right amount of readiness at the right cost, so that money can be saved and returned to the Navy and Marine Corps to recapitalize the Fleet...

  4. Sport without game: Money laundering

    Directory of Open Access Journals (Sweden)

    Fijat Ljiljana M.

    2014-01-01

    Full Text Available Sport is firmly connected to politics in the whole world, the Republic of Serbia being no exception. Pronounced motives of profit in sport led to the appearance of new problems, like money laundering and business and moral unreliability of the participants. Some of anomalies are connected with politically exposed persons (PEP. Offering services within the banking industry, especially considering the private banking, entails a higher degree of discretion and confidentiality in comparison with the ordinary clients. Misuse of these business relationships by PEP has been identified. This paper surveys the statistically significant differences between domestic banks and the domestic banks with the foreign capital in relation to the groups of procedures concerning PEP based on the Recommendation 6 of the Financial Action Task Force on Money Laundering - FATF. Although the domestic banks with the foreign capital were obliged to apply the procedures related to the FATF's Recommendations to the same extent as the Main Office, significant differences between domestic and foreign banks were not found, in terms of Recommendation 6. Inadequacy of regulations and lack of enforcement procedures jeopardize the program of reforms, threatening, the privatisation in sports.

  5. Composite plastic coatings and face rolled materials technology, energy- and environment-saving, based on irradiation of liquid monomers by broad and high-current electron beams in vacuum

    Science.gov (United States)

    Vaisburd, David

    1994-05-01

    The technology is based on the well-known process of hardening some organic liquid monomers and oligomers (resins and lacquers) under the action of ionizing radiation, i.e. electron, ion, ultra-violet, laser, and X-ray beams. The main mechanism of hardening is 3D polymerization of initial monomers induced by irradiation. First of all 1D polymer chains are created. And the next stage is cross-linking of them. Numerical attempts to apply such a process for plastic materials production met some earnest difficulties. Our decision to perform the whole processing in vacuum changed radically the main properties of radiation induced hardening technology. The inhibition of polymerization by reactive oxygen became unessential. The output window foil of accelerator became unnecessary. Application of super broad beams such as 1 sq.m became possible. The entire efficiency of grid electricity was increased to 60% and it was not the limit. One of the main advantages is that the processing carried out in vacuum may satisfy the highest ecological standards. The technology developed is contamination free and environment-saving.

  6. Saving Malta's music memory

    OpenAIRE

    Sant, Toni

    2013-01-01

    Maltese music is being lost. Along with it Malta loses its culture, way of life, and memories. Dr Toni Sant is trying to change this trend through the Malta Music Memory Project (M3P) http://www.um.edu.mt/think/saving-maltas-music-memory-2/

  7. Save Our Water Resources.

    Science.gov (United States)

    Bromley, Albert W.

    The purpose of this booklet, developed as part of Project SOAR (Save Our American Resources), is to give Scout leaders some facts about the world's resources, the sources of water pollution, and how people can help in obtaining solutions. Among the topics discussed are the world's water resources, the water cycle, water quality, sources of water…

  8. Gun control saves lives

    African Journals Online (AJOL)

    gun control legislation. One study estimated that more than 4 500 lives were saved across five SA cities from 2001 to 2005.[5] Pro-gun interest groups seeking to promote gun ownership and diffusion have attacked these findings, suggesting that stricter gun control was only enacted in 2004 following the publication of ...

  9. The Determinants of Money Arguments between Spouses

    Directory of Open Access Journals (Sweden)

    Dorothy B. Durband

    2010-10-01

    Full Text Available A commonly held view is that arguments about money are associated with marital problems, but relatively little is known about the nature of arguing about money within marriage. Using data from the National Longitudinal Survey of Youth 1979 (NLSY79, this study uses a collective bargaining approach to examine the role of money arguments in marriage. The sample (N = 1,371 consists of married women. A collective bargaining framework provides a context for understanding money arguments within the marital relationship. Results indicate that costly communication is the dominant predictor of money arguments, followed by level and proportion of wife’s income, and household net worth. Because results suggest that both communication and financial resources are important components to understanding money arguments within marriage, a combination of professionals trained in marital therapy and/or financial planning is required for couples interested in seeking assistance to increase their satisfaction and/or avoid divorce.

  10. Stability of Money Demand Function in Pakistan

    Directory of Open Access Journals (Sweden)

    Haroon Sarwar

    2013-09-01

    Full Text Available The role, which money demand function plays in monetary policy formulation has attracted a lot of research studies to analyze this macroeconomic phenomenon. In the wake of current global and local economic and political upheavals, it is imperative to revisit the stability of money demand function. The study used the time series data and applied latest econometric techniques to find out the long run and short run money demand relationship. Moreover, all the three official monetary aggregates were used for finding out the most stable monetary demand relationship, which could provide correct signals for monetary policy formulation. The study found that broader monetary aggregate (M2 was the proper aggregate, which provided stable money demand function for Pakistan. The real GDP was positively related to the demand for real balances, while opportunity cost of money was negatively related. The study found that the role of financial innovation, in explaining the demand for money warrants attention in formulating monetary policy.

  11. Some observations about the endogenous money theory

    OpenAIRE

    Bertocco Giancarlo

    2006-01-01

    The endogenous money theory constitutes the core element of the post-keynesian monetary theory. The first formulation of this theory can be found in the works of Kaldor published in the 1970s. Taking these studies as a starting point, the post-keynesians elaborated two versions of the endogenous money theory which differ in their assumptions about the behaviour of the monetary authorities and the banking system, and hence offer different conclusions about the slope of the money supply curve. ...

  12. A Theory of Money and Banking

    OpenAIRE

    David Andolfatto; Ed Nosal

    2003-01-01

    We construct a simple environment that combines a limited communication friction and a limited information friction in order to generate a role for money and intermediation. We ask whether there is any reason to expect the emergence of a banking sector (i.e., institutions that combine the business of money creation with the business of intermediation). In our model the unique equilibrium is characterized, in part, by the existence of an agent that: (1) creates money (a debt instrument that ci...

  13. Measuring Money Demand Function in Pakistan

    OpenAIRE

    Hassan, Shahid; Ali, Umbreen; Dawood, Mamoon

    2016-01-01

    This study investigates the factors such as interest rate, GDP per capita, exchange rate, fiscal deficit, urban and rural population to determine money demand function for Pakistan over the period from 1972-2013. We use ARDL Bound Testing approach in order to test long run relation between money demand and its factors whereas both long and short run coefficients will be found using similar approach. The results show that real interest rate exerts significant and negative effect upon money dem...

  14. Money Laundering – an Economic Offence

    OpenAIRE

    Camelia ŞERBAN MORĂREANU

    2011-01-01

    Preventing and combating money laundering, the product of the transnational organized crime, in general, is one of the most efficient means of stopping this activity, which is a threat for the national or international economic operations. The penal incrimination and sanction of money laundering is a useful instrument for the accountability of all categories of offenders, but also with the purpose of imposing more severe sanctions for those who commit offences generating dirty money, behind s...

  15. Modelling the Demand for Money in Pakistan

    OpenAIRE

    Qayyum, Abdul

    2005-01-01

    The study estimates the dynamic demand for money (M2) function in Pakistan by employing cointegration analysis and error correction mechanism. The parameters of preferred model are found to be super-exogenous for the relevant class of interventions. It is found that the rate of inflation is an important determinant of money demand in Pakistan. The analysis reveals that the rates of interest, market rate, and bond yield are important for the long-run money demand behaviour. Since the preferred...

  16. Walmart - Saving Energy, Saving Money Through Comprehensive Retrofits, Commercial Building Energy Efficiency (Fact Sheet); Energy Efficiency & Renewable Energy (EERE)

    Energy Technology Data Exchange (ETDEWEB)

    None

    2015-03-01

    Walmart partnered with the U.S. Department of Energy (DOE) in 2009 to develop and demonstrate energy retrofits for existing buildings. The goal was to reduce energy consumption by at least 30% versus ASHRAE Standard 90.1-2007, as part of DOE's Commercial Building Partnerships (CBP) Program. The project presented here, the retrofit of a 213,000 square foot store in Centennial, Colorado, withefficiency measures across multiple building systems, is part of Walmart's ongoing environmental sustainability program, which originated in 2005.

  17. Money creation in the modern economy

    OpenAIRE

    McLeay, Michael; Radia, Amar; Thomas, Ryland

    2014-01-01

    This article explains how the majority of money in the modern economy is created by commercial banks making loans. Money creation in practice differs from some popular misconceptions — banks do not act simply as intermediaries, lending out deposits that savers place with them, and nor do they ‘multiply up’ central bank money to create new loans and deposits. The amount of money created in the economy ultimately depends on the monetary policy of the central bank. In normal times, this is carri...

  18. Money Demand Features in CEE Countries

    Directory of Open Access Journals (Sweden)

    Valentina-Ioana MERA

    2016-01-01

    Full Text Available The existence of a stable relationship between money demand and its determinants is important for the efficiency of monetary policy. In this paper we carried a preliminary analysis on the variables that can influence money demand in five Central and Eastern European countries (Bulgaria, Czech Republic, Hungary, Poland and Romania in order to determine which characteristics define the evolution of money demand and its determinants, and how volatile they are. The results indicate a number of similarities in terms of monetary development and also suggest that some additional variables that may influence money demand in this specific sample.

  19. Money and inflation: a functional relationship

    OpenAIRE

    Wolla, Scott A.

    2013-01-01

    They say that "money makes the world go round." Just imagine a world without money as our method of payment for everyday transactions. Without money, we would all need to barter for necessary goods and services. For example, suppose an accountant needs to have her car fixed. Under a barter system, she would have to find someone who needed some tax advice in exchange for car repairs. The search to find a barter partner is time consuming and wasteful. Money solves this problem and many others. ...

  20. "Introduction to an Alternative History of Money"

    OpenAIRE

    L. Randall Wray

    2012-01-01

    This paper integrates the various strands of an alternative, heterodox view on the origins of money and the development of the modern financial system in a manner that is consistent with the findings of historians and anthropologists. As is well known, the orthodox story of money's origins and evolution begins with the creation of a medium of exchange to reduce the costs of barter. To be sure, the history of money is "lost in the mists of time," as money's invention probably predates writing....