Consumption, savings, and the meaning of the wealth effect in general equilibrium

Consumption (Economics) ; Wealth ; Saving and investment ; Equilibrium (Economics)

Is money useful in the conduct of monetary policy?

Monetary policy ; Money supply

Rights of Vendees under Executory Contracts of Sale

It has been held by the Supreme Court of the State of Washington in a number of cases, that an executory contract to sell either real or personal property, generally designated as a conditional sales or installment contract, does not create in the vendee or buyer any legal or equitable interest in the property In so far as the rule applies to real property, there was a disposition on the part of many members of the bar to adversely criticise those decisions and to become fearful of their effect upon the status of the vendee\u27s rights, after the court decided the case of Ashford v. Reese, in which the rule was given as the basis for holding that the vendee is entitled to rescind the contract, upon destruction of the subject-matter while the contract is unperformed, in other words, that loss caused by destruction of the property without fault of the vendee falls upon the vendor

Spectral variability on primitive asteroids of the Themis and Beagle families: space weathering effects or parent body heterogeneity?

Themis is an old and statistically robust asteroid family populating the outer main belt, and resulting from a catastrophic collision that took place 2.5$\pm$1.0 Gyr ago. Within the old Themis family a young sub-family, Beagle, formed less than 10 Myr ago, has been identified. We present the results of a spectroscopic survey in the visible and near infrared range of 22 Themis and 8 Beagle families members. The Themis members investigated exhibit a wide range of spectral behaviors, while the younger Beagle family members look spectrally bluer with a smaller spectral slope variability. The best meteorite spectral analogues found for both Themis and Beagle families members are carbonaceous chondrites having experienced different degrees of aqueous alteration, prevalently CM2 but also CV3 and CI, and some of them are chondrite samples being unusual or heated. We extended the spectral analysis including the data available in the literature on Themis and Beagle families members, and we looked for correlations between spectral behavior and physical parameters using the albedo and size values derived from the WISE data. The analysis of this larger sample confirm the spectral diversity within the Themis family and that Beagle members tend to be bluer and to have an higher albedo. The differences between the two family may be partially explained by space weathering processes, which act on these primitive surfaces in a similar way than on S-type asteroids, i.e. producing reddening and darkening. However we see several Themis members having albedos and spectral slopes similar to the young Beagle members. Alternative scenarios are proposed including heterogeneity in the parent body having a compositional gradient with depth, and/or the survival of projectile fragments having a different composition than the parent body.Comment: Manuscript pages: 40; Figures: 15 ; Tables: 4 Icarus (2016),in pres

Advanced combined iodine dispenser and detector

A total weight of 1.23 kg (2.7 lb), a total volume of 1213 cu m (74 cu in), and an average power consumption of 5.5W was achieved in the advanced combined iodine dispenser/detector by integrating the detector with the iodine source, arranging all iodinator components within a compact package and lowering the parasitic power to the detector and electronics circuits. These achievements surpassed the design goals of 1.36 kg (3.0 lb), 1671 cu m (102 cu in) and 8W. The reliability and maintainability were improved by reducing the detector lamp power, using an interchangeable lamp concept, making the electronic circuit boards easily accessible, providing redundant water seals and improving the accessibility to the iodine accumulator for refilling. The system was designed to iodinate (to 5 ppm iodine) the fuel cell water generated during 27 seven-day orbiter missions (equivalent to 18,500 kg (40,700 lb) of water) before the unit must be recharged with iodine crystals

Triple redundant hydrogen sensor with in situ calibration

To meet sensing and calibration needs, an in situ calibration technique was developed. It is based on electrolytic generation of a hydrogen/air atmosphere within a hydrogen sensor. The hydrogen is generated from water vapor in the air, and being electrical in nature, the in situ calibration can be performed completely automatically in remote locations. Triply redundant sensor elements are integrated within a single, compact housing, and digital logic provides inter-sensor comparisons to warn of and identify malfunctioning sensor elements. An evaluation of this concept is presented

Stress Resources and Responses of Student-Athlete Counseling Services Clients, Non-Student-Athlete Clients and Non-Athlete Clients

It is widely believed that because of the unique demands of their lifestyles, college student-athletes often experience greater levels of life-stress than do non-athlete students. For the purpose of this study stress was considered a complex process characterized by the presence of various stress sources, perceptions of threat or danger to self, and cognitive, affective and/or behavioral, and physical reactions to these phenomena (Spielberger, 1989). Accordingly, stress response may be manifested cognitively (e.g., worry), behaviorally (e.g., avoidance behaviors), emotionally (e.g., depression), or somatically (e.g., muscle aches). Limited research on this topic has provided inconsistent support for this notion. Quick Stress Questionnaire (QSQ) responses of student-athlete counseling service clients, non-athlete student counseling service clients, and a non-client sample were compared to examine differences in the frequency and severity of life-stress and life-stress responses. Quick Stress Questionnaire (QSQ) (Otani, 1985) of student clients were obtained from the counseling service closed files at a medium sized, land grant institution. The QSQ is a problem checklist completed by clients, as a routine part of all intake assessments and becomes a part a each student's permanent, confidential file. Clients did not provide consent to access their QSQs. The QSQs of 91 athlete clients (i.e., those student-athletes who had sought counseling) were examined, although a random sample of 207 QSQs was obtained from the non-athlete client population over a three-year period. These two sets of QSQ data were compared with non-athlete, non-client QSQ student norms (N=218) developed from the general student population over the same period of time. All groups reported moderate to moderately high stress levels, but student-athletes reported fewer sources of distress and fewer serve stress-related symptoms than non-athlete clients or non-clients. Interestingly, student athlete clients reported lower financial related distress than non athlete clients and non clients. Findings were discussed in the context of the student-athlete lifestyle and recommendations for further study were provided

Detox your department: A stage model for achieving cultural change

Throughout this interactive session, participants will learn the stages of group formation, identify a cultural destination for their units, and engage in moderated small group activities that will help them develop their own specific stage-appropriate action strategies designed to achieve the desired cultural transformation