Financial institutions around theworld expected themillennium date change (Y2K) to cause an aggregate liquidity shortage. Responding to the concern, the Federal Reserve Bank of New York auctioned Y2K options to primary dealers. The options gave the dealers the right to borrow from the Fed at a predetermined interest rate. Using the implied volatilities of Y2K options and the on/off-the-run spre...

Projects can cause organizations to perform in new ways resulting in the generation of knowledge. Project learning occurs when new knowledge is captured, disseminated, and used by the project team. Y2K utility projects were studied with respect to knowledge benefits and management. Projects from developed countries using western technology were found to have knowledge benefits but their organiz...

AIM The aim of this paper is to describe the implementation of a strategic plan, Health Gain for Children and Youth of Central Sydney, over a 10-year period to December 2005. METHODS Descriptive information was obtained from the records and minutes of all relevant committees, interviews with key workers who were involved with the committees, managers and senior health professionals, and from ...

The Economy of Iran faces many challenges and is predicted to have a negative growth of 1.3 percent, unemployment of above 13 percent, and a wild inflation rate of 27.2 percent in 2013. Various external conditions and bad economic planning have contributed to Iran’s current economic difficulties. To transform the Economy of Iran, the 5th Five-year Development Plan (FYDP) and the 20-year vi...