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Stocks, Bonds and the Investment Horizon: A Spatial Dominance Approach docx

Stocks, Bonds and the Investment Horizon: A Spatial Dominance Approach docx

Stocks, Bonds and the Investment Horizon: A Spatial Dominance Approach docx

... Paper2011-03 2011-03 Stocks, Bonds and the Investment Horizon: A Spatial Dominance Approach *Ra´ul Ibarra-Ram´ırez†Banco de M´exicoAbstract: Financial advisors typically recommend that a long-term ... literatura acad´emica est a en desacuerdocon esta recomendaci´on. En este trabajo se utiliza una prueba de dominancia espacial que esapropiada para comparar inversiones alternativas cuando sus ... consists of calculating the local standard deviation of the critical value and then selecting the subsample size that minimizes this volatilitymeasure. The local standard deviation is based on the critical...
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Human Resource Portals and the Protean Career A Three-Factor Model

Human Resource Portals and the Protean Career A Three-Factor Model

... technology and particularly the Internet and the World Wide Web has dramatically changed how organizations operate. The most far-reaching changes to careers are coming from transformations ofwork and ... organizational membership. Whereas the traditional career separates work and family, the new career blends the two.In the traditional career, success is at the expense of the family and vice versa,leading ... strivein the protean career, whereas others fail? Several factors, individual as well ascontextual, may help explain success in the protean career. Since the proteancareer is marked by peaks and valleys,...
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Tài liệu Inflation-Indexed Bonds and the Expectations Hypothesis pdf

Tài liệu Inflation-Indexed Bonds and the Expectations Hypothesis pdf

... premium–in the US (P anel A) and in the UK (P anel B).Panel A in the figure shows that the nominal and TIPS risk premia ha ve gener-ally mo ved together, and that they exhibit significant varia bility ... that inflation risk, and the pre mium that i n vestors demand forbearing it, also varies o ver time. R eal and nomin al bond risk prem ia appear to bepositively related to the real and nominal ... maturity.Real yields are available startin g i n 1985 for 2.5 to 25 years to maturit y. We foc u s on the 20-year nominal and real yields because they are available from 1985, while othermaturities...
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Tài liệu COSMIC MAPS, PROPHECY CHARTS, AND THE HOLLYWOOD MOVIE, A BIBLICAL REALIST LOOKS AT THE ECLIPSE OF OLD TESTAMENT NARRATIVE* ppt

Tài liệu COSMIC MAPS, PROPHECY CHARTS, AND THE HOLLYWOOD MOVIE, A BIBLICAL REALIST LOOKS AT THE ECLIPSE OF OLD TESTAMENT NARRATIVE* ppt

... historically as a true and accurate account of God's acts in real historical events. It was assumed that the realism of the biblical narratives was in fact an indication that the biblical authors ... was usually strongly realistic, i.e., at once literal and historical, and not only doctrinal and edifying. The words and sentences meant what they said, and because they did so they accurately ... just as the LORD had commanded. He raised his staff in the presence of Pharaoh and his officials and struck the water of the Nile, and all the water was changed into blood. The fish in the Nile...
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Tài liệu Báo cáo khoa học: Local stability identification and the role of a key aromatic amino acid residue in staphylococcal nuclease refolding pdf

Tài liệu Báo cáo khoa học: Local stability identification and the role of a key aromatic amino acid residue in staphylococcal nuclease refolding pdf

... (Cleveland, OH). Salmon testesDNA and some analytical grade chemicals such as EDTA,Tris ⁄ HCl, CaCl2, NaCl and mineral oil were obtained fromSigma (St Louis, MO, USA). Salmon testes DNA for the enzyme ... and ‘not detectable’ forW14 0A and W140O). Flanagan et al. [15] reportedthat multiple mutations can cause large changes in the average conformation of denatured proteins. Here weshow that a ... showed that K13 3A and E142O have nearly unchanged DHcalrelative to the wild-type, whereasW14 0A and W140O display zero enthalpy change (DHcal 0). Far-UV CDmeasurements indicate secondary structure...
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THE EFFECTS OF MEGAMERGERS ON EFFICIENCY AND PRICES: EVIDENCE FROM A BANK PROFIT FUNCTION docx

THE EFFECTS OF MEGAMERGERS ON EFFICIENCY AND PRICES: EVIDENCE FROM A BANK PROFIT FUNCTION docx

... weighted average rank of the acquiring and acquiredbanks before the merger.In all cases, the efficiency rank is calculated relative to the peer group of alllarge banks that had data available ... Mergersbetween banks that have significant local market overlap ex ante may increase local market concentration and market shareconsumers (higherdo not affect local and allow the consolidated banks ... each over a differenttime interval the appropriate years after the merger for the consolidated entity and the appropriate yearsprior to the merger for both the acquiring and the acquired bank...
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Related Variety, Unrelated Variety and Regional Functions: A spatial panel approach potx

Related Variety, Unrelated Variety and Regional Functions: A spatial panel approach potx

... administrative boundaries of spatial units (Anselin and Rey 1991). Neglecting spatial dependence may act as an omitted variable bias and produce biased results (LeSage and Pace 2009). The static panel model ... develop an industry-function based approach of related and unrelated variety and test our hypothesis by the help of spatial panel approach. Our findings suggest that related variety as same as unrelated ... Related Variety, Unrelated Variety and Regional Functions: A spatial panel approach by Matthias Brachert (IWH), Alexander Kubis (IAB), Mirko Titze (IWH) This version: January 2013* Abstract:...
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Internal Audit 2012*: A study examining the future of internal auditing and the potential decline of a controls-centric approach docx

Internal Audit 2012*: A study examining the future of internal auditing and the potential decline of a controls-centric approach docx

... impact on talent, and there are notable ties between what participants had to say about the role of internal audit and the changes they expect to see in organizational approaches to risk management.Leading ... The CAE of a global defense and aerospace company that buys parts from around the world said that vendor quality and standards are of primary concern to all global companies. She said that ... securities markets and the internationalization of accounting standards are forcing companies to rethink a U.S centric approach to business and accounting. And in the United States, the internationalization...
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MUTUAL BANKING: SHOWING THE RADICAL DEFICIENCY OF THE PRESENT CIRCULATING MEDIUM, AND THE ADVANTAGES OF A FREE CURRENCY docx

MUTUAL BANKING: SHOWING THE RADICAL DEFICIENCY OF THE PRESENT CIRCULATING MEDIUM, AND THE ADVANTAGES OF A FREE CURRENCY docx

... replace the absentgod, are, all of them. nothing other than a homage paid to metal,—an adoration of metal,which has been always present to men's minds, and which bas always been taken by them ... exchange: they do not and cannot pretend to be measures or standards of value. The medium of exchange is one thing; the measure of value is another; and the standard of value still another. &apos ;The ... issued, theirtransactions are always absolutely safe, and their money is always absolutely good.Any community that embraces members of all trades and professions may totallyabolish the use of hard...
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