Tobin (1958) has argued that in the face of potential capital losses on bonds it is reasonable to hold cash as a means to transfer wealth over time. It is shown that this assertion cannot be sustained taking into account the evolution of wealth of cash holders versus non cash holders. Cash holders will be driven out of the market in the long run by traders who only use a (risky) long-lived asse...

Tobin (1958) has argued that in the face of potential capital losses on bonds it is reasonable to hold cash as a means to transfer wealth over time. It is shown that this assertion cannot be sustained taking into account the evolution of wealth of cash holders versus non cash holders. Cash holders will be driven out of the market in the long run by traders who only use a (risky) long-lived asse...

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Abstract With the adoption of 2015–2030 Sustainable Development Goals (SDGs), United Nations (UN) Member States pledged to ensure that no one would be left behind. This article highlights essentials (meaning, importance, history, framework, pillars, related key studies, and role actors) in respect ‘Leaving No One Behind’ (LNOB) pledge. The review shows LNOB pledge has three-pronged strategic de...

In this paper, we propose to identify opinion holders and targets with dependency parser in Chinese news texts, i.e. to identify opinion holders by means of reporting verbs and to identify opinion targets by considering both opinion holders and opinion-bearing words. The experiments with NTCIR-7 MOAT’s Chinese test data show that our approach provides better performance than the baselines and m...

driver (Figure 1), is made from stainless steel and is used to hold a suturing needle during surgical procedures. To maintain a firm grip on the needle, the jaws have textured patterns either etched directly on the stainless steel or on a replaceable tungsten carbide insert, which grips the suture needle more precisely and wears out much slower than stainless steel. Needle holders with tungsten...