This paper analyzes a small open economy model under a monetary regime that targets the consumer price index. It is explained why such a regime is vulnerable to speculative currency attacks. There are two differences to the exchange rate targeting case: (i) The attack takes place over a short period of time as opposed to instantaneously. (ii) Reserve losses attributable to the attack are smalle...

Effective October 1, 1958, the four public assistance titles of the Social Security Act were amended to change the basis of Federal financial participation in assistance payments under State programs for old-age assistance, aid to the blind, aid to the permanently and totally disabled, and aid to dependent children. The amendments had a threefold effect: (1) They made available some additional ...

In 1986, along with a number of states, Missouri enacted 1 538.220, RSMo, which allowed defendants who have been found liable for damages in medical malpractice actions to request a post-trial hearing at which periodic payments of the award will be scheduled. Section 538.220 also allows for termination of periodic payments for life care if the claimant dies before all payments have been made. H...

predatory damsel bug, nabis pseudoferus remane has a high density in the alfalfa fields and feeds on different types of prey. in this study, biological properties and life table statistics of n. pseudoferus by feeding on melon aphids have been determined under controlled conditions (at 25±1˚c, 60±10% relative humidity and under a photoperiod of 16h light/ 8h dark). data analysis carried out bas...

The Medicare Modernization Act of 2003 explicitly increased Medicare payments to private Medicare Advantage (MA) plans. As a result, MA plans have, for the past six years, been paid more for their enrollees than they would be expected to cost in traditional fee-for-service Medicare. Payments to MA plans in 2009 are projected to be 13 percent greater than the corresponding costs in traditional M...

We develop an auction model for the case of interdependent values and multidimensional signals in which agents’ signals are correlated. We provide conditions under which a modification of the Vickrey auction which includes payments to the bidders will result in an ex post efficient outcome. Furthermore, we provide a definition of informational size such that the necessary payments to bidders wi...