...NBER WORKING PAPER SERIES THE GRAVITY EQUATION IN INTERNATIONAL TRADE: AN EXPLANATION Thomas Chaney Working Paper 19285 http://www.nber.org/papers/w19285 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 August 2013 I want to thank Fernando Alvarez, Michal Fabinger, Xavier Gabaix, Sam Kortum, Bob Lucas, Jim Tybout, Jon Vogel and seminar participants in Berkeley, Bilkent, Bocconi, Boston University, Chicago, Erasmus, Hitotsubashi, LBS, Louvain-CORE, LSE, the NY Fed, Oxford, Princeton, Rochester, Sciences Po, Toulouse, UBC Vancouver, Yale and Zurich for helpful discussions, and NSF grant SES-1061622 for financial support. I am indebted to Jong Hyun Chung, Stefano Mosso and Adriaan Ten Kate for their research assistance. During the last year, I have received compensation for teaching activities from the Toulouse School of Economics, as well a research grant from the National Science Foundation (SES-1061622), in excess of $10,000. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peerreviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. © 2013 by Thomas Chaney. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit...
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...Operational Barriers to Success Operations Management: Solutions to Business Challenges Abstract There are many obstacles in any given business operations that can impact a company’s efficiencies, morale, supply chain, and it’s customer base. Identifying these obstacles and creating processes to mitigate them is paramount to a company’s success. In this paper, we will explore a few of them in order to better understand the cause and effect of these barriers. We will also look at various possible solutions to the barriers by investigating a case study for an architectural firm in which I used to work for. Week 1 - Assignment 3: Operational Barriers to Success What are some tools that an organization could use to move the company forward? This is a question that is not easily answerable, but is at its core, a very valuable and necessary function to understand. Tools such as Strengths, Weaknesses, Opportunities, Threats (S.W.O.T) analysis (Russell, 2010) is a very theoretical way of identifying the companies overall mission as well as understanding the needs to stay competitive in its given market place. However, there are more pragmatic ways of looking at a firm’s efficiency and areas of opportunity to better the operating processes within an organization. Some of these other tools that todays leading firms can utilize to further the market share are things like workflow analysis (Russell, 2010), data flow charts and diagrams, and value engineering (Jergeas...
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...The company chosen for this assignment is Walmart. Walmart's history is one of innovation, leadership and success. Walmart was founded by Sam Walton in 1962, it was incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It started with a single store in Rogers, Arkansas in 1962 and has grown to what is now the world's largest and arguably, the most emulated retailer. Some researchers refer to Walmart as the industry trendsetter. Today, this retailing pioneer has annual revenues of over $100 billion, 3,000 stores and more than 750,000 employees worldwide. (source: walmart.blogspot.com) Adding value The enhancement a company gives its product or service before offering the product to customers. Value added is used to describe instances where a firm takes a product that may be considered a homogeneous product, with few differences (if any) from that of a competitor, and provides potential customers with a feature or add-on that gives it a greater sense of value. A value add can either increase the product's price or value. For example, offering one year of free support on a new computer would be a value-added feature. Additionally, individuals can bring value add to services that they perform, such as bringing advanced financial modeling skills to a position in which the hiring manager may not have foreseen the need for such skills. (source:www.investopedia.com) Based on my research, it can be concluded that the human resource management of...
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...Analysis II Solutions: June 2010 April 2013 Question 1. a) (i) (ii) The sequence an converges to a if for any 1 1 > 0 there exists an N such that |xn − a| < for n ≥ N (3n + 22n ) n = (3n + 4n ) n → max {3, 4} = 4 by a standard result. 4n2 2n +2n3 4n 8n4 2n +n3 4n = 1 4 ( n )( 1 )n +2 2 8n( 1 )n +1 2 1 4 → 2 by the product, sum and quotient rule. 1 1 4 1 1 1 1 1 1 5 5 (iii) (5n3 +6n4 ) n = 6 n n n ( 6n +1) n and limn→∞ 6 n n n = limn→∞ 6 n (n n ×n n ×n n ×n n ) = 1 and limn→∞ ( 6n +1) n = 1 1 4 1 7 and hence limn→∞ 5 n n n ( 5n + 1) n = 1 by the product rule. b) A sequence an eventually has some property if ∃N such that aN +n has this property ∀n > 0. b Assume bn → b and choose = 2 then ∃N such that for n > N , |bn − b| < b 2 then 3b b < bn < 2 2 2 b2 b so eventually bn > 2 . If b > 0 then eventually > 1 bbn so 2 |bn − b| 1 1 |bn − b| > = | − | > 0. b2 |bbn | bn b Hence by the sandwich theorem an a bn → b . c) 1 bn → 1 b and then if we let an → a then by the product rule an × 1 bn →a× 1 b and hence n+1 Ratio Lemma: If | aan | ≤ l where 0 ≤ l < 1 then an → 0. n+1 Want to prove that if | aan | ≤ l where 0 ≤ l < 1 then 0 < an+1 < ln a1 We will use proof by induction. First for n = 1, |a2 | ≤ l|a1 | which is true by the assumption on the sequence. Now assume that 0 ≤ |an+1 | ≤ ln |a1 |. Then for the induction step since |an+2 | < l|an+1 | then |an+2 | ≤ ln+1 |an+1 |. So since 0 ≤ l < 1, ln → 0 and then...
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...Texas Intermediate, And The Dubai Fateh › See all The World indicators Detailed Analysis for Year: 2010 › Change year Full Dataset: from 1980 to 2016 Dataset updated: 1st August 2011 Datasource: International Monetary Fund (IMF) National or Regional Currency: US Dollar Currency Symbol: US$ The APSP denotes an equally weighted average of three crude oil spot prices - West Texas Intermediate (WTI), Dated Brent (Brent), and Dubai Fateh (Dubai). The prices of these crude oils tend to move together according to the inequality WTI > Brent > Dubai. Their price differentials reflect differences in American Petroleum Institute (API) measure of gravity, sulfur content, and overall weight. The WTI spot price refers to the physical delivery price for a barrel of WTI deliverable to Cushing, Oklahoma. The WTI price is frequently mentioned in the financial press, and is often described as the 'headline' oil price. The Brent spot price is the physical delivery price for a barrel of either Dated Brent (UK), Forties (Norway), or Oseberg (Norway) to Sullom Voe, United Kingdom (in the Shetland Islands). The Dubai Fateh spot price refers to the physical price for a barrel of Dubai Fateh deliverable in the Arabian Gulf at Dubai, United Arab Emirates. Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And The Dubai Fateh Statistics for The World, Year 2010 - In Detail Crude Oil (Petroleum) Price Index - Includes Dated Brent, West Texas Intermediate, And...
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...Just-In-Time Compilation Technique 1. Introduction Just-in-time (JIT) compilation is an effective technique for boosting the speed of program interpreters. The idea of JIT compilation is to dynamically translate input programs into native machine code, and then execute only native code. It is an old invention which dates back to 1960. The earliest published JIT compiler is generally attributed to work on LISP (McCarthy, J. 1960); in his seminal paper Recursive functions of symbolic expressions and their computation by machine, Part I, he mentions functions that are translated during runtime, thereby sparing the need to save the compiler output to punch cards. After that Smalltalk pioneered new aspects of JIT compilations. For example, translation to machine code was done on demand, and the result was cached for later use. However, the concept is still relevant today as JIT compilation is considered vital for competitive interpreter-based implementations of modern languages, like Java, .NET, C# and ML etc. JIT compilation is interesting because of the conflicting goals of producing quick code versus quickly producing code. In very simple means JIT compilation is a process of reverse-engineering the semantics of a program, and re-engineering the result back into binary code. The code is split up into blocks, some higher-level meaning is extracted from the current block of code, and native code is generated. It is used to improve the time and space efficiency of...
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...3/20/2012 | | Strategic Management Project Report | Table of Contents Executive Summary 4 Introduction 5 The Company 6 Corporate Social Responsibility 7 Adoption of a Primary School 7 Health Check-Up Camp 7 Product Portfolio 8 FIBC Jumbo Bags 8 Geo Textile Fabrics and Ground Covers 8 Reverse Printed BOPP Bags 8 Special PP bags and Leno bags 8 Proposed Projects 9 Polymer Compounding 9 Injection Moulded Articles 9 The Present Strategy 9 Business Model 9 Strengths 9 Weaknesses 10 Value Chain – Operations 10 Distribution 10 Sales and Marketing 11 FIBC (Export) 11 FIBC (Domestic) 11 Geo Textile Fabric and Ground Cover 11 Reverse-Printed BOPP Bags 11 Research and Development 12 Business Strategy 12 Core Competence 12 New Products 12 Diversified Applications 12 In House Research and Development 12 Connecting with End Customer 12 Corporate Strategy 13 Corporate Structure 13 References 14 Executive Summary Introduction In this report we present an analysis of Flexituff International Ltd from a strategic management standpoint. Starting from the company vision, mission and values statements, we have perform an analysis of their internal and external environments. We have studied their value chain and identified their key success factors. The industry analysis also reveals the key strengths and weaknesses of Flexituff International Ltd. We have also studied their organizational structure and its effect on the company’s strategic operations. Furthermore...
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...Subscribe Search.. Top Stories ► News Russia ► Defence ► Russia US View All Stories ► Russia War Advertisement Russia has violated arms treaty by testing cruise missile: US Country : United States Defence News Tuesday, July 29, 2014 By : Zee News Washington: The United States has found that Russia violated a 1987 arms control treaty by testing a groundlaunched cruise missile, a senior US official has said, calling the matter "very serious." Washington: The United States has found that Russia violated a 1987 arms control treaty by testing a ground-launched cruise missile, a senior US official has said, calling the matter "very serious." The finding comes in a 2014 report that concluded Russia was in violation of the Intermediate-Range Nuclear Forces Treaty, which barred it from possessing, producing or flighttesting such cruise missiles with a range of 500 to 5,500 kilometres, the official told AFP. President Barack Obama has sent a letter to his counterpart Vladimir Putin on the subject, which the administration official described as "a very serious matter which we have attempted to address with Russia for some time now." Washington was prepared to discuss its determination with Moscow "immediately" in senior-level bilateral talks, the official added late yesterday, saying Congress and US allies have been kept abreast of the matter. "The United States is committed to the viability of the INF Treaty," the official said. "We encourage Russia to return to compliance...
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...Click here to download the solutions manual / test bank INSTANTLY!! http://testbanksolutionsmanual.blogspot.com/2011/02/accounting-information-systems-romney.html ------------------------------------------------------------------------------------------------------------------------ Accounting Information Systems Romney 11th Edition Solutions Manual Accounting Information Systems Romney 11th Edition Solutions Manual Accounting Information Systems Romney 11th Edition Solutions Manual Accounting Information Systems Romney Steinbart 11th Edition Solutions Manual Accounting Information Systems Romney Steinbart 11th Edition Solutions Manual ------------------------------------------------------------------------------------------------------------------------ ***THIS IS NOT THE ACTUAL BOOK. YOU ARE BUYING the Solution Manual in e-version of the following book*** Name: Accounting Information Systems Author: Romney Steinbart Edition: 11th ISBN-10: 0136015182 Type: Solutions Manual - The file contains solutions and questions to all chapters and all questions. All the files are carefully checked and accuracy is ensured. - The file is either in .doc, .pdf, excel, or zipped in the package and can easily be read on PCs and Macs. - Delivery is INSTANT. You can download the files IMMEDIATELY once payment is done. If you have any questions, please feel free to contact us. Our response is the fastest. All questions will always be answered in 6...
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...Organizational Theory, Design, and Change Jones 6th Edition Test Bank Click here to download the solutions manual / test bank INSTANTLY!!! http://solutionsmanualtestbanks.blogspot.com/2011/10/organizational-theory-d esign-and-change_18.html ----------------------------------------------------------------------Organizational Organizational Organizational Organizational Theory, Theory, Theory, Theory, Design, Design, Design, Design, and and and and Change Change Change Change Jones Jones Jones Jones 6th 6th 6th 6th Edition Edition Edition Edition Test Test Test Test Bank Bank Bank Bank -------------------------------------------------------------------------***THIS IS NOT THE ACTUAL BOOK. YOU ARE BUYING the Test Bank in e-version of the following book*** Name: Organizational Theory, Design, and Change Author: Jones Edition: 6th ISBN-10: 0136087310 Type: Test Bank - The test bank is what most professors use an a reference when making exams for their students, which means there’s a very high chance that you will see a very similar, if not exact the exact, question in the test! - The file is either in .doc, .pdf, excel, or zipped in the package and can easily be read on PCs and Macs. - Delivery is INSTANT. You can download the files IMMEDIATELY once payment is done. If you have any questions, please feel free to contact us. Our response is the fastest. All questions will always be answered in 6 hours. This is the quality of service we are providing and we hope to be your...
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...Sections Found Accounting Select CRN Subj Crse Sec Cmp Cred NR 21138 ACC 201 01 M 3.000 Title Fund of Financial Accounting Days Time TRU Instructor Date Location Attribute (MM/DD) 02/03-06/01 SBM 009 Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective Design Managmnt Major_Elective and Design Managmnt Minor_Elective and Economics Major_BAE_Elective and Eng'g Managmnt_Minor_Elective and MTH Major_Elective 09:00 Marian I. Mason am-09:50 (P) am NR 21139 ACC 201 02 M 3.000 Fund of Financial Accounting TRU Ronald D. 12:00 pm-12:50 Williams (P) pm 02/03-06/01 SBM 012 ...
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...TELECOMMUNICATION SWITCHING AND NETWORKS TElECOMMUNICATION SWITCHING NffiWRKS AND THIS PAGE IS BLANK Copyright © 2006, 2005 New Age International (P) Ltd., Publishers Published by New Age International (P) Ltd., Publishers All rights reserved. No part of this ebook may be reproduced in any form, by photostat, microfilm, xerography, or any other means, or incorporated into any information retrieval system, electronic or mechanical, without the written permission of the publisher. All inquiries should be emailed to rights@newagepublishers.com ISBN (10) : 81-224-2349-3 ISBN (13) : 978-81-224-2349-5 PUBLISHING FOR ONE WORLD NEW AGE INTERNATIONAL (P) LIMITED, PUBLISHERS 4835/24, Ansari Road, Daryaganj, New Delhi - 110002 Visit us at www.newagepublishers.com PREFACE This text, ‘Telecommunication Switching and Networks’ is intended to serve as a onesemester text for undergraduate course of Information Technology, Electronics and Communication Engineering, and Telecommunication Engineering. This book provides in depth knowledge on telecommunication switching and good background for advanced studies in communication networks. The entire subject is dealt with conceptual treatment and the analytical or mathematical approach is made only to some extent. For best understanding, more diagrams (202) and tables (35) are introduced wherever necessary in each chapter. The telecommunication switching is the fast growing field and enormous research and development are undertaken by...
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...SECOND EDITION I/1ANAGEMEIVT AND POLICY James C.Van Horne \ STANFORD UNIVERSITY PRENTICE-HALL INC., ENGLEWOOD CLIFFS, NEW JERSEY F I NANCI AL M A N A G E M E N T A N D POLICY, 2nd EDITION James C. Van Horne © 1971, 1968 by PRENTICE-HALL, INC., ENGLEW O O D CLIFFS, N.J. All rights reserved. No part of this book m ay be reproduced in any form or by any m eans without permission in writing from the publishers. Library of Congress C atalo g C ard No.: 71-140760 Printed in the United States of America Current Printing (last digit): 1 0 9 8 7 6 5 4 3 2 13-315309-6 PRENTICE-HALL, INTERNATIONAL, LONDON PRENTICE-HALL OF AUSTRALIA PTY. LTD., SYD NEY PRENTICE-HALL O F CAN AD A, LTD., TO RONTO PRENTICE-HALL OF INDIA PRIVATE LTD., NEW DELHI PRENTICE-HALL OF JAPAN, INC., TO KYO 1 To Mimi, D rew , Stuart, and Stephen Preface Though significant portions of Financial Management and Policy have been changed in this revision, its purpose remains: first, to develop an understanding of financial theory in an organized manner so that the reader may evaluate the firm’s investment, financing, and dividend deci sions in keeping with an objective of maximizing shareholder wealth; second, to become familiar with the application of analytical techniques to a number o f areas o f financial decision-making; and third, to expose the reader to the institutional material necessary to give him a feel for the environment in which financial...
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