Real Exchange Rates, Preferences, and Incomplete Markets: Evidence, 1961-2001

Many international macroeconomic models link the real exchange rate to a ratio of marginal utilities. We examine this link empirically, allowing the marginal utility of consumption to depend on government expenditure, real money balances, or external habit. We also consider two environments with incomplete asset markets; one with exogenously missing markets but an endogenous discount rate that anchors the distribution of wealth and one with endogenous market segmentation. Although none of these satisfies theoretical and over-identifying restrictions for every country, utility with external habit persistence provides the best match with real exchange rates for OECD countries between 1961 and 2001.real exchange rate, consumption, marginal utility

Muon-spin-rotation measurements of the penetration depth in Li_2Pd_3B

Measurements of the magnetic field penetration depth $\lambda$ in the ternary boride superconductor Li$_2$Pd$_3$B ($T_c\simeq7.3$ K) have been carried out by means of muon-spin rotation ($\mu$SR). The absolute values of $\lambda$, the Ginzburg-Landau parameter $\kappa$, and the first $H_{c1}$ and the second $H_{c2}$ critical fields at T=0 obtained from $\mu$SR were found to be $\lambda(0)=252(2)$ nm, $\kappa(0)=27(1)$, $\mu_0H_{c1}(0)=9.5(1)$ mT, and $\mu_0H_{c2}(0)=3.66(8)$ T, respectively. The zero-temperature value of the superconducting gap $\Delta_0=$1.31(3) meV was found, corresponding to the ratio $2\Delta_0/k_BT_c=4.0(1)$. At low temperatures $\lambda(T)$ saturates and becomes constant below $T\simeq 0.2T_c$, in agreement with what is expected for s-wave BCS superconductors. Our results suggest that Li$_2$Pd$_3$B is a s-wave BCS superconductor with the only one isotropic energy gap.Comment: 6 pages, 7 figure

Metabolic parameters and adipokine profile during GH replacement therapy in children with GH deficiency

Objective: GH replacement therapy in children with GH deficiency (GHD) mainly promotes linear growth. Not only have very few studies fully analyzed the metabolic consequences of GH therapy, but also the question as to whether GH may affect adipokine secretion has been insufficiently investigated. Our aim was to study the effects of GH replacement therapy on auxological data, lipid and glycemic profiles, insulin homeostasis (HOMA-IR) and serum adipokines in children. Methods: This was a 1-year prospective study. Thirty-four GHD children (11.6G2.6 years) and thirty healthy matched controls were enrolled. Children affected by GHD were studied both before beginning continuous GH replacement therapy and again at 12 months. Results: At the beginning of the study, total and LDL cholesterol were higher in GHD children than in controls (P!0.001), whereas HDL cholesterol, triglycerides, insulin, HOMA-IR, leptin, and adiponectin were similar. At 12 months of continuous GH replacement therapy in the GHD group, there was a significant increase in both auxological data and IGF-I (P!0.001); total cholesterol (P!0.001), LDL (P!0.001), triglycerides (P!0.005), and leptin (P!0.001) decreased significantly; HDL (P!0.003), insulin (P!0.001), HOMA-IR (P!0.001) increased while adiponectin was unmodified. Furthermore, IGF-ID showed an inverse correlation with leptin D (rZK0.398, PZ0.02). Conclusions: In GHD children, the evaluation of metabolic parameters proves to be a useful tool for the evaluation of auxological parameters during GH replacement therapy. In our study, GH replacement therapy in GHD children improved final height, restored IGF-I levels, reduced leptin levels, and improved the lipid profile, without producing any unfavorable effects on glucose metabolism

Study of the magnetic penetration depth in RbOs_2O_6

Measurements of the magnetic field penetration depth \lambda in the pyrochlore superconductor RbOs_2O_6 (T_c\simeq6.3 K) were carried out by means of the muon-spin-rotation (\muSR) technique. At low temperatures \lambda^{-2}(T) saturates and becomes constant below T\simeq 0.2T_c, in agreement with what is expected for weak-coupled s-wave BCS superconductors. The value of \lambda at T=0 was found to be in the range of 250 nm to 300 nm. \muSR and equilibrium magnetization measurements both reveal that at low temperatures $\lambda$ is almost (at the level of 10%) independent of the applied magnetic field. This result suggests that the superconducting energy gap in RbOs_2O_6 is isotropic.Comment: 8 pages, 9 figure

A new qualitative RT-PCR assay detecting SARS-CoV-2

The world is facing an exceptional pandemic caused by SARS-CoV-2. To allow the diagnosis of COVID-19 infections, several assays based on the real-time PCR technique have been proposed. The requests for diagnosis are such that it was immediately clear that the choice of the most suitable method for each microbiology laboratory had to be based, on the one hand, on the availability of materials, and on the other hand, on the personnel and training priorities for this activity. Unfortunately, due to high demand, the shortage of commercial diagnostic kits has also become a major problem. To overcome these critical issues, we have developed a new qualitative RT-PCR probe. Our system detects three genes—RNA-dependent RNA polymerase (RdRp), envelope (E) and nucleocapsid (N)—and uses the β-actin gene as an endogenous internal control. The results from our assay are in complete agreement with the results obtained using a commercially available kit, except for two samples that did not pass the endogenous internal control. The coincidence rate was 0.96. The LoD of our assay was 140 cp/reaction for N and 14 cp/reaction for RdRp and E. Our kit was designed to be open, either for the nucleic acid extraction step or for the RT-PCR assay, and to be carried out on several instruments. Therefore, it is free from the industrial production logics of closed systems, and conversely, it is hypothetically available for distribution in large quantities to any microbiological laboratory. The kit is currently distributed worldwide (called MOLgen-COVID-19; Adaltis). A new version of the kit for detecting the S gene is also available

Pressure effects on the transition temperature and the magnetic field penetration depth in the pyrochlore superconductor RbOs_2O_6

We report magnetization measurements under high hydrostatic pressure in the newly discovered pyrochlore superconductor RbOs_2O_6 (T_c\simeq6.3K at p=0). A pronounced and {\it positive} pressure effect (PE) on T_c with dT_c/dp =0.090(1)K/kbar was observed, whereas no PE on the magnetic penetration depth \lambda was detected. The relative pressure shift of T_c [ dlnT_c/dp \simeq 1.5%/kbar] is comparable with the highest values obtained for highly underdoped high-temperature cuprate superconductors. Our results suggest that RbOs_2O_6 is an adiabatic BCS-type superconductor.Comment: 11 pages, 4 figure

The World Association against Infection in Orthopaedics and Trauma (WAIOT) procedures for Microbiological Sampling and Processing for Periprosthetic Joint Infections (PJIs) and other Implant-Related Infections

While implant-related infections continue to play a relevant role in failure of implantable biomaterials in orthopaedic and trauma there is a lack of standardised microbiological procedures to identify the pathogen(s). The microbiological diagnosis of implant-related infections is challenging due to the following factors: the presence of bacterial biofilm(s), often associated with slow-growing microorganisms, low bacterial loads, previous antibiotic treatments and, possible intra-operative contamination. Therefore, diagnosis requires a specific set of procedures. Based on the Guidelines of the Italian Association of the Clinical Microbiologists (AMCLI), the World Association against Infection in Orthopaedics and Trauma has drafted the present document. This document includes guidance on the basic principles for sampling and processing for implant-related infections based on the most relevant literature. These procedures outline the main microbiological approaches, including sampling and processing methodologies for diagnostic assessment and confirmation of implant-related infections. Biofilm dislodgement techniques, incubation time and the role of molecular approaches are addressed in specific sections. The aim of this paper is to ensure a standardised approach to the main microbiological methods for implant-related infections, as well as to promote multidisciplinary collaboration between clinicians and microbiologists

Definition and clinical variability of SHANK3-related Phelan-McDermid syndrome

Phelan-McDermid syndrome (PMS) is an infrequently described syndrome that presents with a disturbed development, neurological and psychiatric characteristics, and sometimes other comorbidities. As part of the development of European medical guidelines we studied the definition, phenotype, genotype-phenotype characteristics, and natural history of the syndrome. The number of confirmed diagnoses of PMS in different European countries was also assessed and it could be concluded that PMS is underdiagnosed. The incidence of PMS in European countries is estimated to be at least 1 in 30,000. Next generation sequencing, including analysis of copy number variations, as first tier in diagnostics of individuals with intellectual disability will likely yield a larger number of individuals with PMS than presently known. A definition of PMS by its phenotype is at the present not possible, and therefore PMS-SHANK3 related is defined by the presence of SHANK3 haploinsufficiency, either by a deletion involving region 22q13.2–33 or a pathogenic/likely pathogenic variant in SHANK3. In summarizing the phenotype, we subdivided it into that of individuals with a 22q13 deletion and that of those with a pathogenic/likely pathogenic SHANK3 variant. The phenotype of individuals with PMS is variable, depending in part on the deletion size or whether only a variant of SHANK3 is present. The core phenotype in the domains development, neurology, and senses are similar in those with deletions and SHANK3 variants, but individuals with a SHANK3 variant more often are reported to have behavioural disorders and less often urogenital malformations and lymphedema. The behavioural disorders may, however, be a less outstanding feature in individuals with deletions accompanied by more severe intellectual disability. Data available on the natural history are limited. Results of clinical trials using IGF-1, intranasal insulin, and oxytocin are available, other trials are in progress. The present guidelines for PMS aim at offering tools to caregivers and families to provide optimal care to individuals with PMS.</p

In vitro comparison between &#945;-tocopheryl acetate and &#945;-tocopheryl phosphate against bacteria responsible of prosthetic and joint infections

Biofilm-related infections represent a recurrent problem in the orthopaedic setting. In recent years, great interest was directed towards the identification of novel molecules capable to interfere with pathogens adhesion and biofilm formation on implant surfaces. In this study, two stable forms of \u3b1-tocopherol, the hydrophobic acetate ester and the water-soluble phosphate ester, were tested in vitro as coating for titanium prosthesis. Antimicrobial activity against microorganisms responsible of prosthetic and joints infections was assessed by broth microdilution method. In addition, \u3b1-tocopherol esters were evaluated for both their ability to hamper bacterial adhesion to and biofilm formation on sandblasted titanium surfaces. Results showed that only \u3b1-tocopheryl phosphate displayed antimicrobial activity against the tested strains. Both esters were able to significantly interfere with bacterial adhesion and to prevent biofilm formation, especially by Staphylococcus aureus and Staphylococcus epidermidis. The activity of \u3b1-tocopheryl phosphate was greater than that of \u3b1-tocopheryl acetate. Alterations at membrane levels have been reported in literature and may be likely responsible for the interference on bacterial adhesion and biofilm formation shown by \u3b1-tocopherol esters. Although further studies are needed to better investigate the mechanisms of action and the spectrum of activity of \u3b1-tocopherol esters, these characteristics together with the positive effect on wound healing and immune response, make these molecules promising candidate for coating in order to prevent implant-associated infections