6,410 research outputs found

    The Social Worker’s Function in Divorce Proceedings

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    Did discount rate changes affect the foreign exchange value of the dollar during 1978?

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    Foreign exchange rates ; Dollar, American

    International reserves and the role of special drawing rights

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    International trade ; International finance ; Special drawing rights

    Do rising U.S. interest rates imply a stronger dollar?

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    Interest rates ; Dollar, American

    Tax Structures and FDI The Deterrent Effects of Complexity and Uncertainty

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    In this study we examine the connection between the varied experiences of the transition countries in attracting FDI and their diverse experiences in transforming their tax structures to be consistent with a market economy. In particular, we study whether complexity and uncertainty in their tax laws have deterred foreign direct investment by increasing transaction costs, the compliance burden and the unpredictability of tax liabilities. Our results indicate that complexity and uncertainty, in the sense of multiple tax rates, indeterminate language in the tax law, and inconsistent changes in the tax laws have a significant negative effect on inward foreign direct investment.http://deepblue.lib.umich.edu/bitstream/2027.42/39943/2/wp558.pd

    Once Bitten, Twice Shy: Experiences of a Banking Crisis and Expectations of Future Crises

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    Survey data from Bulgaria show that people who had experienced a loss during a banking crisis are significantly more likely to expect a new crisis. This result holds despite 12 years between the earlier crisis and the survey, and the dramatically improved performance of the financial sector and the economy in the meantime. However, we find that earlier experiences affect expectations only for less informed individuals. Individuals who are more informed about the economy are unaffected by their prior experiences.http://deepblue.lib.umich.edu/bitstream/2027.42/64382/1/wp969.pd

    GALEX Catalog of UV Point Sources in M33

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    The hottest stars (>>10,000 K), and by extension typically the most massive ones, are those that will be prevalent in the ultraviolet (UV) portion of the electromagnetic spectrum, and we expect numerous B, O, and Wolf-Rayet stars to be bright in UV data. In this paper, we update the previous UV catalog of M33, created using the Ultraviolet Imaging Telescope (UIT), using data from the Galaxy Evolution Explorer (GALEX). We utilize PSF photometry to better handle the crowded regions in the galaxy, and benefit from GALEX's increased sensitivity compared to UIT. We match our detections with data from the Local Group Galaxies Survey (LGGS) to create a catalog with photometry spanning from the far-UV through the optical for a final list of 24738 sources. All of these sources have far-UV (FUV; 1516A), near-UV (NUV; 2267A), and V data, and a significant fraction also have U, B, R, and I data as well. We compare these sources to a catalog of known Wolf-Rayet stars in M33 and find that we recover 114 of 206 stars with spatially-coincident UV objects. Additionally, we highlight and investigate those sources with unique colors as well as a selection of other well-studied sources in M33.Comment: Version accepted by MNRAS, updated with suggestions from the referee. For a brief video abstract of the paper, please visit http://www.youtube.com/watch?v=TcJ95LNhGt

    ONCE BITTEN, TWICE SHY: EXPERIENCES OF A BANKING CRISIS AND EXPECTATIONS OF FUTURE CRISES

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    Survey data from Bulgaria show that people who had experienced a loss during a banking crisis are significantly more likely to expect a new crisis. This result holds despite 12 years between the earlier crisis and the survey, and the dramatically improved performance of the financial sector and the economy in the meantime. However, we find that earlier experiences affect expectations only for less informed individuals. Individuals who are more informed about the economy are unaffected by their prior experiences.banking crisis, trust, expectations

    Dynamical Interactions with Electronic Instruments

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    This paper examines electronic instruments that incorporate dynamical systems, where the behaviour of the instrument depends not only upon the immediate input to the instrument, but also on the past input. Five instruments are presented as case studies: Michel Waisvisz’ Crackle-box, Dylan Menzies’ Spiro, no-input mixing desk, the author’s Feedback Joypad, and microphone-loudspeaker feedback. Links are suggested between the sonic affordances of each instrument and the dynamical mechanisms embedded in them. These affordances are contrasted with those of non-dynamical instruments such as the Theremin and sample-based instruments. This is discussed in the context of contemporary, material-oriented approaches to composition and particularly to free improvisation where elements such as unpredictability and instability are often of interest, and the process of exploration and discovery is an important part of the practice
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