We are All Customers Now: Understanding the Influence of Economic Theory on Public Administration

Market-based administrative reform has led to a sustained argument among in the public administration field. Some applaud this development on the grounds that it makes public service cheaper and more customer-oriented. Others argue that the public sector is not just another service-producing system delivering "public value" but rather that it stands for legality, due process, legal security as well as being a service provider. The article compares the impact of market-based reform in Rechtsstaat administrative systems and the Anglo-American “public interest systems. It also compares traditional public administration with an NPM-model at different stages of the policy process. The article reviews the potential democratic downsides to market solutions in the public administration by highlighting the core elements of "publicness" and the extent to which private sector organizations can deliver "public value"

Balance sheet capacity and endogenous risk

Banks operating under Value-at-Risk constraints give rise to a welldefined aggregate balance sheet capacity for the banking sector as a whole that depends on total bank capital. Equilibrium risk and market risk premiums can be solved in closed form as functions of aggregate bank capital. We explore the empirical properties of the model in light of recent experience in the financial crisis and highlight the importance of balance sheet capacity as the driver of the financial cycle and market risk premiums

Designating market maker behaviour in Limit Order Book markets

Financial exchanges provide incentives for limit order book (LOB) liquidity provision to certain market participants, termed designated market makers or designated sponsors. While quoting requirements typically enforce the activity of these participants for a certain portion of the day, we argue that liquidity demand throughout the trading day is far from uniformly distributed, and thus this liquidity provision may not be calibrated to the demand. We propose that quoting obligations also include requirements about the speed of liquidity replenishment, and we recommend use of the Threshold Exceedance Duration (TED) for this purpose. We present a comprehensive regression modelling approach using GLM and GAMLSS models to relate the TED to the state of the LOB and identify the regression structures that are best suited to modelling the TED. Such an approach can be used by exchanges to set target levels of liquidity replenishment for designated market makers

Rawlsian governments and the race to the bottom

This paper argues that there is no race to the bottom when the social planner adopts a Rawlsian criterion, only the poor are mobile and they do not work at the optimal tax outcome. This argument is developed within a two skill-model of optimal income taxation.Income taxation

Accountability by Professionalism or Managerialism? Exploring Attitudes Among Swedish and Norwegian Local Government Leaders

Author's accepted version (post-print).This is an Accepted Manuscript of an article published by Taylor and Francis in International Journal of Public Administration on 16/06/2015, available online: http://wwww.tandfonline.com/10.1080/01900692.2014.955196

Recent Upgrades for the NASA Ames Vertical Gun Range

Recent upgrades to the performance capabilities of the NASA Ames Vertical Gun Range(AVGR) are presented. Upgrades include: the successful implementation of a fast-acting, gun gases suppression valve to minimize target contamination and perturbations to both the target and ejecta; powder gun and light-gas gun operational parameter adjustments to provide clean, low speed test conditions; a liquid nitrogen-based system and methodology for chilling targets and/or other impact chamber situated equipment; and imaging system capabilities enhancements to enable observing 50 micrometer particles traveling at 2 km/s. Many of these performance improvements were motivated by AVGR customer requirements for very clean shot conditions at speeds below 1.9 km/s and to provide testing in support of proposed NASA missions to Enceladus and 16-Psyche

Benchmarking database systems for Genomic Selection implementation

Motivation: With high-throughput genotyping systems now available, it has become feasible to fully integrate genotyping information into breeding programs. To make use of this information effectively requires DNA extraction facilities and marker production facilities that can efficiently deploy the desired set of markers across samples with a rapid turnaround time that allows for selection before crosses needed to be made. In reality, breeders often have a short window of time to make decisions by the time they are able to collect all their phenotyping data and receive corresponding genotyping data. This presents a challenge to organize information and utilize it in downstream analyses to support decisions made by breeders. In order to implement genomic selection routinely as part of breeding programs, one would need an efficient genotyping data storage system. We selected and benchmarked six popular open-source data storage systems, including relational database management and columnar storage systems. Results: We found that data extract times are greatly influenced by the orientation in which genotype data is stored in a system. HDF5 consistently performed best, in part because it can more efficiently work with both orientations of the allele matrix

Matrix metalloproteinase-9 activity and a downregulated Hedgehog pathway impair blood-brain barrier function in an <i>in vitro</i> model of CNS tuberculosis

Central nervous system tuberculosis (CNS TB) has a high mortality and morbidity associated with severe inflammation. The blood-brain barrier (BBB) protects the brain from inflammation but the mechanisms causing BBB damage in CNS TB are uncharacterized. We demonstrate that Mycobacterium tuberculosis (Mtb) causes breakdown of type IV collagen and decreases tight junction protein (TJP) expression in a co-culture model of the BBB. This increases permeability, surface expression of endothelial adhesion molecules and leukocyte transmigration. TJP breakdown was driven by Mtb-dependent secretion of matrix metalloproteinase (MMP)-9. TJP expression is regulated by Sonic hedgehog (Shh) through transcription factor Gli-1. In our model, the hedgehog pathway was downregulated by Mtb-stimulation, but Shh levels in astrocytes were unchanged. However, Scube2, a glycoprotein regulating astrocyte Shh release was decreased, inhibiting Shh delivery to brain endothelial cells. Activation of the hedgehog pathway by addition of a Smoothened agonist or by addition of exogenous Shh, or neutralizing MMP-9 activity, decreased permeability and increased TJP expression in the Mtb-stimulated BBB co-cultures. In summary, the BBB is disrupted by downregulation of the Shh pathway and breakdown of TJPs, secondary to increased MMP-9 activity which suggests that these pathways are potential novel targets for host directed therapy in CNS TB

Universal pinning energy barrier for driven domain walls in thin ferromagnetic films

We report a comparative study of magnetic field driven domain wall motion in thin films made of different magnetic materials for a wide range of field and temperature. The full thermally activated creep motion, observed below the depinning threshold, is shown to be described by a unique universal energy barrier function. Our findings should be relevant for other systems whose dynamics can be modeled by elastic interfaces moving on disordered energy landscapes.Comment: 10 pages, 3 figure