Credibility and adjustment: gold standards versus currency boards

It is often maintained that currency boards (CBs) and gold standards (GSs) are alike in that they are stringent monetary rules, the two basic features of which are high credibility of monetary authorities and the existence of automatic adjustment (non discretionary) mechanism. This article includes a comparative analysis of these two types of regimes both from the perspective of the sources and mechanisms of generating confidence and credibility, and the elements of operation of the automatic adjustment mechanism. Confidence under the GS is endogenously driven, whereas it is exogenously determined under the CB. CB is a much more asymmetric regime than GS (the adjustment is much to the detriment of peripheral countries) although asymmetry is a typical feature of any monetary regime. The lack of credibility is typical for peripheral countries and cannot be overcome completely even by “hard” monetary regimes.http://deepblue.lib.umich.edu/bitstream/2027.42/40078/3/wp692.pd

Ecophysiological performance of a threatened shrub under restored and natural conditions in a harsh tropical mountaintop environment

Ecophysiological responses of plants are useful for monitoring the success of ecological restoration projects that target species conservation. In this study we evaluated the ecophysiological traits of individuals of Chamaecrista semaphora from a natural population and from a site under restoration. Water potential and chlorophyll a fluorescence parameters were measured both in adult and young plants of the two populations. No difference in water potential was found between sites, but individuals in the restored site had higher water potential at predawn. Adults in the natural site presented lower daily values of potential quantum yield, indicating the occurrence of photoinhibition. Individuals in the restored site also presented higher maximum relative electron transport rate (ETRMAX). No difference was found in leaf carbon isotope discrimination values (σ13C) between plants growing in restored and natural sites, suggesting similar water use efficiency. These results indicate that C. semaphora individuals in the restored site had similar or better photosynthetic and water economy performances than individuals at the natural site. Methodologies traditionally employed to assess stress response of plants, such as chlorophyll a fluorescence and procedures used to evaluate the efficiency of water use, allowed us to verify the success of restoration procedures using an endangered species

The use of Platelet-rich Fibrin in the management of medication-related osteonecrosis of the jaw: A case series

Medication related osteonecrosis of the jaw (MRONJ) is characterized by exposed necrotic bone in the maxillofacial region that persists for more than eight weeks in patients taking antiresorptive or antiangiogenic drugs for bone metastasis or osteoporosis. The management of such condition depends on several factors, among which the staging of MRONJ. Though, a specific gold standard treatment has not been established to date. The aim of this case series is to describe the outcome of surgical treatment of MRONJ with the adjunct of Platelet-rich Fibrin (PRF). Eleven patients under therapy with alendronate underwent surgical removal of necrotic bone and debridement, followed by placement of PRF membranes in the bone defect. The outcome of the surgical treatment was successful in all patients, in a follow-up range from 12 to 36 months. In the cases presented, the macroscopic evaluation showed excellent and fast soft tissue healing, with no recurrence of bone exposure and no signs of infections. PRF membranes were also effective for postsurgical pain control. The use of PRF may represent a valuable adjunct in the surgical management of MRONJ