...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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...School Profile Jeanny Martial-Knights Grand Canyon University: EDA-575 May 7, 2014 School Profile In 2001, the government developed the No Child Left Behind Act to provide equitable education to low-income schools. Its provisions include schools receiving Title I funds must evaluate students annually to demonstrate school’s progress to improving academics. However, opponents argue that provisions provided by this act does not provide enough funding to cover the cost of programs related to enhancing learning in low-income schools (“LeftBehind: Low-Income”, 2008, 591). Despite the failings of the NCLB Act, it still provides assistance to Avery Elementary. Many of the services provided due to the NCLB Act are free and reduced lunch, technological programs, assessments tools, and other support personnel to assist educators. These services in some cases have enabled this school to make some progress towards improving test scores. With the available resources provided, Avery Elementary strives to improve student achievement. Due to the NCLB Act Avery Elementary has made some progress based on the programs, resources, support, and performance; it has made some progress towards achieving higher learning. About Avery Elementary The Vision of Avery Elementary is to consistently develop young minds and self-esteem through an academically enriched environment. The goal is to bring teachers and educators together so that each learner can reach their potential to compete...
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...|[pic] |Course Syllabus | | |College of Natural Sciences | | |MTH/208 Version 6 | | |College Mathematics I | | |HEFOUN88 | Copyright © 2012, 2011, 2008, 2007, 2006, 2005 by University of Phoenix. All rights reserved. Course Description This course begins a demonstration and examination of various concepts of algebra. It assists in building skills for performing specific mathematical operations and problem solving. These concepts and skills serve as a foundation for subsequent quantitative business coursework. Applications to real-world problems are emphasized throughout the course. This course is the first half of the college mathematics sequence, which is completed in MTH/209: College Mathematics II. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: ...
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...someone who likes to make the best use of the opportunity get.Optimistic and a good attitude towards my work.Very friendly and i understand my responsibilities and obligations and i like to be well aware the current affair. EDUCATION & QUALIFICATION: Master of Human Resources Management (MHRM) 2013 to 2015 Institute of Administrative Sciences ,University of the Punjab, Lahore Major: Management Bachelor in Arts (B.A) 2011 to 2013 Bahaudin Zikrya University,Multan Major: Economics, Statistics Pre-Engineering (FSC) 2007 to 2009 Board of Intermediate & Secondary Education, Multan Major: Maths, Chemistry, Physics Matriculation (SSC) 2005 to 2007 Board of Intermediate & Secondary Education, Multan Major: Maths, Chemistry, Physics WORK EXPERIENCE: * Internhsip in HR department of mobilink head office lahore from August 2014 till October 2014 * Internship at Tracon services pvt ltd lahore from June till August 2015. * Internship in HR department at MCB bank head office lahore from August 2015 till october 2015 COMPUTER SKILLS: * Internet & E-mail. * Computer skills. Proficient user...
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...ACCA’S SUITE OF ENTRY-LEVEL ACCOUNTING AWARDS EXPLAINED Foundations in Accountancy 1 2 FOUNDATIONS IN ACCOUNTANCY “The accountancy profession at every level is constantly evolving to meet the needs and demands of how businesses operate and nowhere is this more apparent than at an accounting-support level. The accounting technician of today and tomorrow needs a rigorous and flexible qualification to help them contribute to business performance and an ever-changing business landscape. ACCA’s suite of entry-level awards – Foundations in Accountancy – has been developed after consultation with all our key stakeholders, with employers and students in mind. This suite of qualifications includes a revised Certified Accounting Technician (CAT) Qualification, which will provide employers with access to competent and ethical technicians, trained to consistent standards, with built-in flexibility to allow for skills to be tailored to meet different business needs and environments. And it will offer those starting out in their accountancy career flexible and tailored routes to accounting-support roles, leading to high-performing and rewarding career options for those who progress to the ACCA Qualification.” Aude Leonetti Acting executive director – learning 3 INTRODUCTION ACCA’s entry-level suite of awards – Foundations in Accountancy – is being introduced after detailed consultation which commenced in 2008 with ACCA stakeholders, including employers, learning providers, members...
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...as a general guideline. Students should use DegreeWorks and their transcript to develop an individualized plan of study that reflects credits earned prior to enrolling in the major. Students may also consult their advisor for clarification on requirements. Freshman Year (31 credits) First Semester (15 credits) Second Semester (15 credits) ECN 1500 (BAI) Macroeconomics (C grade required) ......................... 3 MATH 1050 (QL) College Algebra ....................................................... 4 *Breadth Life Science (BLS) course..................................................... 3 USU 1010 University Connections ....................................................... 2 ENGL 1010 (CL1) Introduction to Writing ............................................ 3 (USU 1010 course starts the week prior to fall semester and is completed after the first 3 weeks of fall semester) ECN 2010 (BSS) Introduction to Microeconomics ............................... 3 ENGL 2010 (CL2) Intermediate Writing (C grade required) ................. 3 MATH 1100 (QL) Calculus Techniques .............................................. 3 MIS 2100 Principles of Management Information Systems .................. 3 *Breadth Creative Arts (BCA) course .................................................. 3 Sophomore Year (31 credits) Third Semester (16 credits) ACCT 2010 Financial Accounting Principles (B grade required) .......... 3 STAT 2300 (QL) Business Statistics (C grade required)...
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...took place in a third grade classroom of twenty-two students. All students were of Mexican descent and labeled as intermediate/advanced English language learners. The classroom environment itself was very warm and welcoming. There was a bulletin board that displayed pictures of students and their families along with autobiographies. There was another bulletin board dedicated to celebrating Mexican culture and people. The teacher was a Caucasian women in her mid twenties with three years of teaching experience. The second classroom I observed was a first grade class of twenty-five students. Students in this class were all of Mexican descent and labeled as early intermediate English language learners. The classroom environment was very welcoming and appealing. There were colorful posters and pictures displayed on the walls. There was a bulletin board that displayed pictures of students with a caption that said “I am special because...”. Another bulletin board celebrated diversity with pictures of people of different cultures. The teacher was a Mexican-American woman in her early thirties with five years of teaching experience. My last observation took place in a fourth grade classroom of twenty-four students. Twenty of the students were of Mexican descent, one was Caucasian, and two were African American. This was a mainstream class with intermediate/advanced English language learners. The classroom environment was somewhat plain and boring. The walls lacked exciting...
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...CCSF EOPS Book Loan Program Eligible EOPS students can borrow one of the following books for use during the enrolled semester: • Math E1 & E3 – Essential Mathematics, Mary Kay Beavers • Math 840 – Introductory Algebra for College Students/5th edition, Blitzer • Math 860 – Intermediate Algebra - 4th edition, Alan S. Tussy & R. David Gustafson • Math 75 – College Mathematics for business, economics, life science, college mathematics/ student solutions manual – 10th edition, Barnett, Ziegler & Byleen • Math 90 & 92 – College Algebra 5e, J. Stewart, & L. Redlin, & S. Watson • Psychology 22 & 23 – Psychology of Race & Ethnic Relations, L. Harrison & H. Villalta • Psychology 26 – Human Adjustment, John W. Santrock Each eligible EOPS student is limited to book(s) that required in enrolled subject course. Based on a first come, first serve basis, EOPS Book Loan Program will be available beginning with the first day of instruction of the enrolled semester. REQUIREMENTS: Student must bring the following to the EOPS before going to the library: • Valid CCSF Student Photo ID card. • Proof of class enrollment / schedules. TERMS AND CONDITIONS: • All books must be due back to the CCSF Library no later than the last of the semester in reasonable condition for future student use. • All damaged or unreturned books shall be charged to the student by the EOPS programs at the original CCSF Bookstore prices plus a $10.00 processing...
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