"Profitability and the Time-Varying Liquidity Premium in the Term Structure of Interest Rates"

There have been numerous empirical studies of the term structure. Broadly, the evidence may be said to be consistent with some influence from expectations plus the existence of a liquidity premium. Long rates or the spread between long and short rates have seemed to be systematically related to expectations of future rates, though the expectations embodied in long rates or the spread are biased upwards as the liquidity preference theory would predict. The degree of influence of expectations and the behavior of the liquidity premium, however, have remained matters of controversy. In several recent studies (e.g., Robert Shillert 1979; Shiller, John Campbell, and Kermit Schoenholtz, 1983; David Jones and Vance Roley, 1983; Mankiw and Summers, 1984; and Mankiw, 1986) the expectations theory has performed poorly, even allowing for the existence of a constant liquidity premium, in attempts to test the joint hypothesis of rational expectations and the expectations theory. Shiller, Campbell, and Schoenholtz and Mankiw and Summers, among others, have suggested renewing the search for the determinants of a time-varying liquidity premium as a possibility for explaining what is going on but have had little success themselves in finding such.

From where does the Red Tory speak?, Phillip Blond, theology and public discourse

This is the author's pdf version of an article published in Political Theology. The article can be found at www.politicaltheology.com/PT/This journal examines the role of theology in the public discourse of Philip Blond

Policing alcohol and illicit drug use among Aboriginal and Torres Strait Islander people in metropolitan environments

Executive summary: This report presents the results of Australian Institute of Criminology research on issues and challenges of policing alcohol and illicit drug use among Aboriginal and Torres Strait Islander people in metropolitan environments. This report is a companion to the 2006 National Drug Law Enforcement Research Fund project The policing implications of cannabis, amphetamine and other illicit drug use in Aboriginal and Torres Strait Islander communities. The main purpose of both pieces of research was to contribute to police service knowledge of substance use by Indigenous people and to provide a framework for good practice policing of the issues associated with alcohol and drug misuse. Report structure The first section of this report provides a summary of available data on Indigenous alcohol and other drug (AOD) use in metropolitan areas. The second section reports on the challenges that police and other stakeholders identified through survey results and focus group/interview consultations that relate to policing Indigenous substance use in metropolitan areas. The final section of the report presents a suggested framework for adapting the good practice framework developed in Delahunty and Putt’s research for general use within metropolitan areas

An examination of the factors that influence the publication or non-publication of mental health nursing research presented at national or international nursing conferences

Mental health nurses are required to be able to identify and access the current evidence surrounding a particular topic and evaluate and decide upon the best care approach to people with mental health problems. This is aided by specific guidance on how to facilitate access to and deliver the best quality evidence-based care. This is most commonly acquired by accessing evidence through hand searching publications or through electronic sources (databases, web search engines or internet publications). However, evidence indicates that only a small proportion of mental health nursing research is published and that many nurses carry out research that is not published. Although, it is difficult to judge the quality of unpublished research the likelihood is that a number of high quality mental health nursing research projects are not published and are therefore not available to be evaluated as part of the evidence base of care. There has been relatively little examination of the reasons underpinning publication of nursing research. This project examined the factors that influence the publication or non-publication of mental health nursing research presented at national or international nursing conferences in the UK

A multimedia tutorial shell with qualitative assessment in biology

The project is developing methods to produce multimedia tutorials relatively quickly and cheaply, using a generic software shell suitable for any subject area. The shell is a version of one produced originally as part of the HEFC-funded TLTP initiative by the Biodiversity Consortium. Tutorials presented in the shell will provide the student with a structured learning experience that will allow their initial knowledge level or their knowledge acquisition and progress to be qualitatively and quantitatively assessed. Where areas of weakness are revealed by the assessment, students will be advised to study particular parts of the tutorial in order to improve their understanding

Physical properties of lava flows on the southwest flank of Tyrrhena Patera, Mars

Tyrrhena Patera (TP) (22 degrees S, 253.5 degrees W), a large, low-relief volcano located in the ancient southern highlands of Mars, is one of four highland paterae thought to be structurally associated with the Hellas basin. The highland paterae are Hesperian in age and among the oldest central vent volcanoes on Mars. The morphology and distribution of units in the eroded shield of TP are consistent with the emplacement of pyroclastic flows. A large flank unit extending from TP to the SW contains well-defined lava flow lobes and leveed channels. This flank unit is the first definitive evidence of effusive volcanic activity associated with the highland paterae and may include the best preserved lava flows observed in the Southern Hemisphere of Mars. Flank flow unit averages, channelized flow, flow thickness, and yield strength estimates are discussed. Analysis suggests the temporal evolution of Martian magmas