3,251 research outputs found
Asset and Liability Management for Insurance Products with Minimum Guarantees: The UK Case
Modern insurance products are becoming increasingly complex, offering various guarantees,
surrender options and bonus provisions. A case in point are the with-profits insurance
policies offered by UK insurers. While these policies have been offered in some form for centuries,
in recent years their structure and management have become substantially more
involved. The products are particularly complicated due to the wide discretion they afford
insurers in determining the bonuses policyholders receive. In this paper, we study the problem
of an insurance firm attempting to structure the portfolio underlying its with-profits fund. The
resulting optimization problem, a non-linear program with stochastic variables, is presented in
detail. Numerical results show how the model can be used to analyse the alternatives available
to the insurer, such as different bonus policies and reserving methods
Sex difference in OA : Should we blame estrogen?
Funding: The authors declared that this study has received no financial support.Peer reviewedPublisher PD
P16-40. Inhibition of histone deacetylases modulates CD8+ T-lymphocyte mediated virus suppression by HIV-1 viral controllers
The potential role of Antarctic krill faecal pellets in efficient carbon export at the marginal ice zone of the South Orkney Islands in spring
Antarctic krill (Euphausia superba) play a central
role in the food web of the Southern Ocean, forming
a link between primary production and large predators.
Krill produce large, faecal pellets (FP) which can form a
large component of mesopelagic particulate organic carbon
(POC) fluxes. However, the patchy distribution of krill
swarms, highly variable pellet composition, and variable
sinking and attenuation rates means that these episodic,
but potentially large, carbon fluxes are difficult to sample
or model. We measured particle flux and type using Marine
Snow Catchers (MSC) in the marginal ice zone near the
South Orkneys, Antarctica. Krill FP were the dominant
component of the POC flux in the upper 200 m (typically
60â85%). FP sinking velocities measured onboard were
highly variable (15â507 m dâ
1) but overall high, with
mean equivalent velocities of 172, 267, and 161 m dâ
1 at
our three stations. The high numbers of krill FP sinking
through the mesopelagic suggest that krill FP can be transferred
efficiently and/or that rates of krill FP production are
high. We compared our direct MSC-derived estimates of krill FP POC flux (33â154 mg C mâ
2 dâ
1) and attenuation
to estimates of krill FP production based on previous measurements
of krill density and literature FP egestion rates,
and estimated net krill FP attenuation rates in the upper
mesopelagic. Calculated attenuation rates are sensitive to
krill densities in the overlying water column but suggest
that krill FP could be transferred efficiently through the
upper mesopelagic, and, in agreement with our MSC attenuation
estimates, could make large contributions to bathypelagic
POC fluxes. Our study contrasts with some others
which suggest rapid FP attenuation, highlighting the need
for further work to constrain attenuation rates and assess
how important the contribution of Antarctic krill FP could
be to the Southern Ocean biological carbon pump
Toward High-Precision Measures of Large-Scale Structure
I review some results of estimation of the power spectrum of density
fluctuations from galaxy redshift surveys and discuss advances that may be
possible with the Sloan Digital Sky Survey. I then examine the realities of
power spectrum estimation in the presence of Galactic extinction, photometric
errors, galaxy evolution, clustering evolution, and uncertainty about the
background cosmology.Comment: 24 pages, including 11 postscript figures. Uses crckapb.sty (included
in submission). To appear in ``Ringberg Workshop on Large-Scale Structure,''
ed D. Hamilton (Kluwer, Amsterdam), p. 39
Examining bi-directional change in sleep and depression symptoms in individuals receiving routine psychological treatment
Background
Sleep disturbance is a common symptom of depression. There is conflicting evidence whether improvements in sleep might impact depressive symptoms, or whether treating the core depressive symptoms might improve sleep disturbance. This study explored the bi-directional impact of sleep and depressive symptom change among individuals receiving psychological treatment.
Methods
Session-by-session change in sleep disturbance and depressive symptom severity scores were explored in patients receiving psychological therapy for depression from Improving Access to Psychological Therapies services in England. Bi-directional change in sleep disturbance and depressive symptoms was modelled using random-intercept cross-lagged panel models with items from the PHQ-9.
Results
The sample included 17,732 adults that had received three or more treatment sessions. Both depressive symptoms and sleep disturbance scores decreased. Between initial timepoints, higher sleep disturbance was associated with lower depression scores, but after this point positive cross-lagged effects were observed for both the impact of sleep disturbance on later depressive symptoms, and depressive symptoms on later sleep disturbance scores. The magnitude of effects suggested depressive symptoms may have more impact on sleep than the reverse, and this effect was larger in sensitivity analyses.
Conclusions
Findings provide evidence that psychological therapy for depression results in improvements in core depressive symptoms and sleep disturbance. There was some evidence that depressive symptoms may have more impact on sleep disturbance scores at the next therapy session, than sleep disturbance does on later depressive symptoms. Targeting the core symptoms of depression initially may optimise outcomes, but further research is needed to elucidate these relationships
Understanding the psychological therapy treatment outcomes for young adults who are not in education, employment, or training (NEET), moderators of outcomes, and what might be done to improve them
Background:
To determine: whether young adults (aged 18â24) not in education, employment or training (NEET) have different psychological treatment outcomes to other young adults; any socio-demographic or treatment-related moderators of differential outcomes; and whether service-level changes are associated with better outcomes for those who are NEET.
Methods:
A cohort was formed of 20 293 young adults treated with psychological therapies in eight Improving Access to Psychological Therapies services. Pre-treatment characteristics, outcomes, and moderators of differential outcomes were compared for those who were and were not NEET. Associations between outcomes and the following were assessed for those that were NEET: missing fewer sessions, attending more sessions, having a recorded diagnosis, and waiting fewer days between referral and starting treatment.
Results:
Those who were NEET had worse outcomes: odds ratio (OR) [95% confidence interval (CI)] for reliable recovery = 0.68 (0.63â0.74), for deterioration = 1.41 (1.25â1.60), and for attrition = 1.31 (1.19â1.43). Ethnic minority participants that were NEET had better outcomes than those that were White and NEET. Living in deprived areas was associated with worse outcomes. The intensity of treatment (high or low) did not moderate outcomes, but having more sessions was associated with improved outcomes for those that were NEET: odds (per one-session increase) of reliable recovery = 1.10 (1.08â1.12), deterioration = 0.94 (0.91â0.98), and attrition = 0.68 (0.66â0.71).
Conclusions:
Earlier treatment, supporting those that are NEET to attend sessions, and in particular, offering them more sessions before ending treatment might be effective in improving clinical outcomes. Additional support when working with White young adults that are NEET and those in more deprived areas may also be important
The transferrin receptor CD71 delineates functionally distinct airway macrophage subsets during idiopathic pulmonary fibrosis
RATIONALE: Idiopathic pulmonary fibrosis (IPF) is a devastating progressive disease with limited therapeutic options. Airway macrophages (AMs) are key components of the defence of the airways and are implicated in the pathogenesis of IPF. Alterations in iron metabolism have been described during fibrotic lung disease and in murine models of lung fibrosis. However, the role of transferrin receptor-1 (CD71)-expressing AMs in IPF is not known. OBJECTIVES: To assess the role of CD71 expressing AMs in the IPF-lung. METHODS: We utilized multi-parameter flow cytometry, gene expression analysis and phagocytosis/transferrin uptake assays to delineate the role of AMs expressing, or lacking, CD71 in the BAL of patients with IPF or healthy controls. MEASUREMENTS AND MAIN RESULTS: There was a distinct increase in proportions of AMs lacking CD71 in IPF patients in comparison to healthy controls. Levels of BAL transferrin were enhanced in IPF-BAL and furthermore, CD71- AMs had an impaired ability to sequester transferrin. CD71+ and CD71- AMs were phenotypically, functionally and transcriptionally distinct, with CD71- AMs characterised by reduced expression of markers of macrophage maturity, impaired phagocytosis and enhanced expression of pro-fibrotic genes. Importantly, proportions of AMs lacking CD71 were independently associated with worse survival, underlining the importance of this population in IPF and as a potential therapeutic target. CONCLUSIONS: Taken together these data highlight how CD71 delineates AM subsets which play distinct roles in IPF and furthermore, CD71- AMs may be an important pathogenic component of fibrotic lung disease
Properties of Galaxies in and around Voids
Two surveys for intrinsically faint galaxies towards nearby voids have been
conducted at the MPI f\"ur Astronomie, Heidelberg. One selected targets from a
new diameter limited () catalog with morphological criteria while
the other used digitized objective prism Schmidt plates to select mainly HII
dwarf galaxies. For some 450 galaxies, redshifts and other optical data were
obtained. We studied the spatial distribution of the sample objects, their
luminosity function, and their intrinsic properties. Most of the galaxies
belong to already well known sheets and filaments. But we found about a dozen
highly isolated galaxies in each sample (nearest neighborhood distance ). These tend to populate additional structures and are not
distributed homogeneously throughout the voids. As our results on 'void
galaxies' still suffer from small sample statistics, I also tried to combine
similar existing surveys of nearby voids to get further hints on the larger
structure and on the luminosity function of the isolated galaxies. No
differences in the luminosity function of sheet and void galaxies could be
found. The optical and infrared properties of both samples are in the normal
range for samples dominated by late-type dwarfs. Follow-up HI studies show that
the isolated dwarfs in both samples have unusual high amount of neutral gas for
a given luminosity.Comment: 10 pages, 4 figures, latex, to appear in the proceedings of the
'Ringberg workshop on Large Scale Structure', hold Sep. 23-28, 199
Heterologous expression screens in Nicotiana benthamiana identify a candidate effector of the wheat Yellow Rust Pathogen that associates with processing bodies
Rust fungal pathogens of wheat (Triticum spp.) affect crop yields worldwide. The molecular mechanisms underlying the virulence of these pathogens remain elusive, due to the limited availability of suitable molecular genetic research tools. Notably, the inability to perform high-throughput analyses of candidate virulence proteins (also known as effectors) impairs progress. We previously established a pipeline for the fast-forward screens of rust fungal candidate effectors in the model plant Nicotiana benthamiana. This pipeline involves selecting candidate effectors in silico and performing cell biology and protein-protein interaction assays in planta to gain insight into the putative functions of candidate effectors. In this study, we used this pipeline to identify and characterize sixteen candidate effectors from the wheat yellow rust fungal pathogen Puccinia striiformis f sp tritici. Nine candidate effectors targeted a specific plant subcellular compartment or protein complex, providing valuable information on their putative functions in plant cells. One candidate effector, PST02549, accumulated in processing bodies (P-bodies), protein complexes involved in mRNA decapping, degradation, and storage. PST02549 also associates with the P-body-resident ENHANCER OF mRNA DECAPPING PROTEIN 4 (EDC4) from N. benthamiana and wheat. We propose that P-bodies are a novel plant cell compartment targeted by pathogen effectors
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