385 research outputs found
Financial market determinants of the real cost of funds to public corporations in the US: 2SLS and GMM findings
No full textPurpose – The purpose of this study is to provide new empirical evidence on the impact of a variety of
financial market forces on the ex post real cost of funds to corporations, namely, the ex post real interest
rate yield on AAA-rated long-term corporate bonds in the USA. The study is couched within an
open-economy loanable funds model, and it adopts annual data for the period 1973-2013, so that the
results are current while being applicable only for the post-Bretton Woods era. The auto-regressive
two-stage least squares (2SLS) and generalized method of moments (GMM) estimations reveal that the
ex post real interest rate yield on AAA-rated long-term corporate bonds in the USA was an increasing
function of the ex post real interest rate yields on six-month Treasury bills, seven-year Treasury notes,
high-grade municipal bonds and the Moody’s BAA-rated corporate bonds, while being a decreasing
function of the monetary base as a per cent of gross domestic product (GDP) and net financial capital
inflows as a per cent of GDP. Finally, additional estimates reveal that the higher the budget deficit as a
per cent of GDP, the higher the ex post real interest rate on AAA-rated long-term corporate bonds.
Design/methodology/approach – After developing an initial open-economy loanable funds model,
the empirical dimension of the study involves auto-regressive, two-stage least squares and GMM
estimates. The model is then expanded to include the federal budget deficit, and new AR/2SLS and
GMM estimates are provided.
Findings – The AR/2SLS and GMM (generalized method of moments) estimations reveal that the ex
post real interest rate yield on AAA-rated long-term corporate bonds in the USA was an increasing
function of the ex post real interest rate yields on six-month Treasury bills, seven-year Treasury notes,
high-grade municipal bonds and the Moody’s BAA-rated corporate bonds, while being a decreasing
function of the monetary base as a per cent of GDP and net financial capital inflows as a per cent of GDP.
Finally, additional estimates reveal that the higher the budget deficit as a per cent of GDP, the higher the
ex post real interest rate on AAA-rated long -term corporate bonds.
Originality/value – The author is unaware of a study that adopts this particular set of real interest rates
along with net capital inflows and the monetary base as a per cent of GDP and net capital inflows. Also, the
data run through 2013. There have been only studies of deficits and real interest rates in the past few years
Phillip F. O\u27Connor, 2nd Annual ODU Literary Festival
No full textPhilip F. O\u27Connor is the author of Stealing Home, a summer 1979 Book-of-the Month-Club alternate. More than 50 of his short stories are in print; including work in the late Martha Foley\u27s The Best American Short Stories 1971.\u27\u27 Mr. O\u27Connor has written two collections of short stories: Old Morals, Small Continents, Darker Times, winner of the 1971 Iowa School of Letters Award for Short Fiction, and A Season of Unnatural Causes. In 1969 he introduced the M.F A program in creative writing at Bowling Green State University, where he now teaches. Mr. O\u27Connor is a member of the board of directors of the Associated Writing Programs
Author Co-Citation Analysis (ACA): a powerful tool for representing implicit knowledge of scholar knowledge workers
No full textIn the last decade, knowledge has emerged as one of the most important and valuable organizational assets. Gradually this importance caused to emergence of new discipline entitled ―knowledge management‖. However one of the major challenges of knowledge management is conversion implicit or tacit knowledge to explicit knowledge. Thus Making knowledge visible so that it can be better accessed, discussed, valued or generally managed is a long-standing objective in knowledge management. Accordingly in this paper author co- citation analysis (ACA) will be proposed as an efficient technique of knowledge visualization in academia (Scholar knowledge workers)
Review of \u3ci\u3eFather Francis M. Craft: Missionary to the Sioux\u3c/i\u3e By Thomas W. Foley
No full textThe bland title of this biography might not attract the many readers the book deserves since Craft\u27s name is known only from occasional footnotes related to the Ghost Dance religion that ended with tragic bloodletting at Wounded Knee in 1890. Using the priest\u27s journals and researching references contained within them, the author draws from obscurity a life that should inspire scholars to tap similar material reposited in Marquette University\u27s Catholic Indian mission archives. Diaries and journals stored there are a treasure trove of ethnographic and historical information that still awaits baring. Biographers can use Foley\u27s work as a standard to imitate.
Until this work, Craft appeared as a kind of itinerant Irish-Catholic priest who happened to be present (for unknown reasons) at Wounded Knee. He becomes substantially more complex as Foley shows he also bore the titles of soldier, physician, convert to Catholicism, and, of special significance, a priest of Mohawk descent. In the Jesuit Order for six years, Craft was later ordained for the Diocese of Omaha where he served as a missionary to the Sioux of North and South Dakota. He was adopted by the family of Spotted Tail and spoke Lakota fluently.
Craft\u27s later presence at Wounded Knee was to people among whom he once served as priest but who were now under military arrest. Unlike many later historians, Craft commended the soldiers for their restraint on this occasion. Were he to be fatally wounded, however, he asked to be buried with the Lakota who died there and were placed in a mass grave that now marks the site.
Foley reveals a late nineteenth-century world of religious sectarianism that influenced the actions of many who converged upon the American frontier. When not contending with Protestant government officials, Craft regularly confronted the hierarchy of his own Church who showed more interest in Katherine Drexel\u27s well-funded evangelistic efforts than in his founding of a devout, but penniless, congregation of Lakota nuns. In the end, the veteran of five wars and missionary to several Lakota agencies found his much-deserved respite as a parish pastor in Pennsylvania.
Readers will not be sympathetic to the priest\u27s Catholic opponents and non-Catholic detractors with whom he regularly skirmished. Unlike many who contended with Craft in his lifetime, they probably will identify with the hundreds who attended his funeral to mourn a heartfelt loss. So compelling is Foley\u27s larger-than-life portrait that readers may wish to see it brought to the movie screen
Co-creative publics and publication design practice
No full textThis study is situated in the practice of publication design. I characterise publication design as the act of bringing thoughts, opinions, information and stories into the public realm. A publication artefact in this study refers to the material and non-material form that the communication takes, such as print, web, audio, or discourse and event.Through this study I make the case that the professional, mainstream practice of publication design will change in relation to the way a public for it changes. In this, design practice is likely to be transformed in a way that is similar to the transformation in other related practices such as media and commerce.On completion of this study, I believe it can be argued that publication design is moving from a broadcast medium to a social and relational one, where the audience participates in the production of meaning (or sense-making) by attaining a closer relationship to the production of design. I use the term co-creative public to describe this audience. The characteristics of this public are that it is self-organised, freely associated and forms in response to attention (Warner 2002).As the relationship between designer and audience evolves reciprocally, it is possible to reinterpret the role of the professional designer and to identify the new opportunities presented
iBingo mobile collaborative search
No full textThis paper describes a collaborative video search system for mobile devices, 'iBingo'. It supports division of labour among users, providing search results to colocated iPod Touch devices
Corrigendum to Patterns of ascending aortic dilatation and predictors of surgical replacement of the aorta: A comparison of bicuspid and tricuspid aortic valve patients over eight years of follow-up “J Mol Cell Cardiol. 2019 Oct;135:31–39. PMID: 31348923” (Journal of Molecular and Cellular Cardiology (2019) 135 (31–39), (S0022282819300495), (10.1016/j.yjmcc.2019.07.010))
No full textThe authors regret that the author name of Romano and Raffa are incorrect. The corrected author's name are Romano G and Raffa GM. The authors would like to apologise for any inconvenience caused
Untethering an unusual cause of kidney injury in a teenager with Down syndrome
No full textAcute kidney injury (AKI) is characterized by the acute nature and the inability of kidneys to maintain fluid homeostasis as well as adequate electrolyte and acid-base balance, resulting in an accumulation of nitrogenous waste and elevation of serum blood urea nitrogen and creatinine values. Acute kidney injury may be a single isolated event, yet oftentimes, it results from an acute chronic kidney disease. It is critical to seek out the etiology of AKI and to promptly manage the underlying chronic kidney disease to prevent comorbidities and mortality that may ensue. We described a case of a 16-year-old adolescent girl with Down syndrome who presented with AKI and electrolyte aberrance.Abdominal and renal ultrasounds demonstrated a significantly dilated bladder as well as frank hydronephrosis and hydroureter bilaterally. Foley catheter was successful in relieving the obstruction and improving her renal function. However, a magnetic resonance imaging was pursued in light of her chronic constipation and back pain, and it revealed a structural defect (tethered cord) that underlies a chronic process that was highly likely contributory to her AKI. She was managed accordingly with a guarded result and required long-term and close monitoring.Peer reviewed
Positioning for Trade Liberalization: Structure of Earnings, Comparative and Competitive Advantage of Agricultural Households in the United States and Canada
No full textConsumer/Household Economics, International Relations/Trade,
Estimating selection pressures on HIV-1 using phylogenetic likelihood models
No full textHuman immunodeficiency virus (HIV-1) can rapidly evolve due to selection pressures exerted by HIV-specific immune responses, antiviral agents, and to allow the virus to establish infection in different compartments in the body. Statistical models applied to HIV-1 sequence data can help to elucidate the nature of these selection pressures through comparisons of non-synonymous (or amino acid changing) and synonymous (or amino acid preserving) substitution rates. These models also need to take into account the non-independence of sequences due to their shared evolutionary history. We review how we have developed these methods and have applied them to characterize the evolution of HIV-1 in vivo. To illustrate our methods, we present an analysis of compartment-specific evolution of HIV-1 em) in blood and cerebrospinal fluid and of site-to-site variation in the gag gene of subtype C HIV-1. Copyright (C) 2008 John Wiley & Sons, Ltd
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