It is well-known that the peak brightness of the Type Ia supernovae calibrated with Cepheid distances can be used to determine the Hubble constant. The Cepheid distances to host galaxies of the calibrating supernovae are usually obtained using the period-luminosity (PL) relation derived from Large Magellanic Cloud (LMC) Cepheids. However recent empirical studies provide evidence that the LMC PL...

Title XIII of the American Recovery and Reinvestment Act of 2009 (ARRA) includes the subsection known as the Health Information Technology for Economic and Clinical Health (HITECH) Act. In addition to its incentives for health care organizations to adopt electronic health records (EHRs), HITECH extended the scope of the HIPAA Privacy Rule and the Security Rule, increased penalties for failing t...

Research background: In the Visegrad Four (V4) countries (Poland, Czech Republic, Hungary, and Slovakia), inward foreign direct investment (FDI) shows high shares in exports gross domestic product (GDP). Furthermore, reinvested earnings play a significant role national balances of payments (BoP). Therefore, it is crucial to investigate reinvestment rates effective corporate income tax (ETRs) tr...

Probability updating via Bayes' rule often entails extensive informational and computational requirements. In consequence, relatively few practical applications of Bayesian adaptive control techniques have been attempted. This paper discusses an alternative approach to adaptive control, Bayesian in spirit, which shifts attention from the updating of probability distributions via transitional pr...

An increasingly common method for lending institutions to demonstrate their commitment to and compliance with the Community Reinvestment Act of 1977 (CRA) and fair lending laws has been to enter into agreements with community groups and other entities to help ensure the flow of credit throughout their service area. Table 1 shows that the volume of loan pledges associated with these agreements, ...

This paper investigates achieving financial independence by using the Dividend Reinvestment Plan (DRIP) in conjunction with dollar cost averaging to purchase stocks of quality companies that pay increasing dividends over the 15 year period of 1993 – 2007. To do this, it looks at two portfolios, each containing initially the same stocks, but the second replacing some of its stocks during the las...

This article discusses the economic consequences and social implications of the Community Reinvestment Act. The CRA has direct economic effects on banks and neighborhoods and these neighborhoods also gain social benefits from the availability of credit which increase the quality of life in these areas. The article identifies the economic issues associated with providing access to credit in low ...