... productivity growth, (iii) experience more rapid capitalaccumulation, and (iv) have higher saving rates.To evaluate the impact of banks on growthandthesourcesof growth, we seek an indicator of the ... model.IV. Financeandthe channels to economic growth This section presents the results ofthe cross-country and panel regressions of real per capitaGDP growth, productivity per capita growth, and ... onother measures offinancial development.To assess the robustness of our results, we use two other measures offinancial development.LIQUID LIABILITIES equals the liquid liabilities ofthe financial...
... Development Economics, 1996 (Washington, DC: The World Bank).Chernow, Ron, 1997, The Death ofthe Banker. The Decline andthe Fall ofthe Great Financial Dynasties. The Triumph ofthe Small Investor (New York: ... incentive-related policy implications of circuittheory of finance. Section I.2 discusses the special role ofthefinancial system as the core of the circuit process, and reports on recent empirical ... output stabilizes the flow of funds that firms need to re-appropriate at the end ofthe circuit process. In terms ofthe CTF model discussed above, the largerole ofthe state in thefinancial sector...
... horses and elephants— especially the latter the driving of chariots, andthe use ofthe broadsword, the bow, andthe mogdars or Indian clubs. They were ordered to be skilful in all kinds of games, ... "When the king andthe ministers andthe officers andthe courtiers saw Vasantasena, and her spouse carrying the baby, they recognized her from afar. The Raja exclaimed, 'Lo! this is the ... Another old Hindu story-book relates, in the popular fairy-book style, the wondrous adventures ofthe hero and demigod, the great Gandharba-Sena. That son of Indra, who was also the father of...
... sup-port needed to maintain the shape and organization of the cell andthe scaffolding for the actions of catalyticmolecules such as motor proteins. Nowadays, the actincytoskeleton is widely ... natural blocker ofthe Na+pump and an inhibitor of palytoxin action, have pro-vided interesting findings. Through the partial inhibition of Na+⁄ K+-ATPase, and regardless of changes in intra-cellular ... spectrin, actin and ankyrin [48,49], and even regulation of Na+pumpactivity might depend on its linkage to the actin filamentsystem [50,51]. In any case, the study ofthe possibleexistence of some...
... but also by the quantity and quality ofthe labor force. The indicators ofthe quantity and quality ofthe labor force include the change in the proportion ofthe population in their prime-age ... of Top 0.01% Source: Piketty and Saez. Note: The vertical axis is the share of total income. The observed relationship between the top tax rates andthe income share ofthe top 0.1% andthe ... at the top ofthe income distribution are currently at their lowest levels since the end ofthe second World War. The results ofthe analysis suggest that changes over the past 65 years in the...
... person the right to receive payment ofthe sum for the time being due on the savings certificate on the death of holder thereof and before the maturity ofthe certificate, or before the certificate ... (8) The nomination of any person to receive the amount standing to the credit of subscriber in the Fund in the event of his death andthe cancellation or change of such nomination. (9) The ... event of my/our death, ofthe amount standing at the credit ofthe account(s) Name and address of nominee(s) If nominee is minor Date of Birth Name and address of person who may receive the...
... that the pres-ence ofthe two terminal short stretches of adenines at the 5Â andthe 3Â ends ofthe ARS were not essentialfor binding to IMP1 (Fig. 3B: lanes 2 and 3, and the sequence of ARS and ... whether dimerizationbetween PABP and IMP1 prior to binding the RNAcould alter their binding site on the ARS.To understand the molecular nature ofthe interac-tion of IMP1 with the ARS and ... analysesusing the ARS RNA and purified 6· His-IMP1(Fig. 3F). The results show protection ofthe sequenceat the 3Â end ofthe ARS in presence of IMP1 (Fig. 3F:compare lanes 4 and 5). Comparison of this...
... minority of the LPS molecules, an O-acetyl group is present in the outer coreregion at unknown position. The site andthe configuration ofthe linkage between the O-polysaccharide andthe core andthe ... elucidation of the core phosphorylation pattern, the O-polysaccharide biolo-gical repeating unit, andthe site andthe mode of the attachment ofthe O-polysaccharide to the core.MATERIALS AND METHODSBacterium ... the mode andthe site of the linkage between the O-polysaccharide andthe core. It wasfound that the QuiNAc residue, which occupies the reducing end ofthe biological repeating unit, has the b...
... supposed causes ofthe lack of effectiveness, that is, will the sector-based approach give the director ofthe AFF Program adequate authority and resources to direct the intramural and extramural ... toward achieving the goals ofthe AFF Program. It is difficult to assess the adequacy of production inputs given the lack of detail regarding the distribution of Ag Center funding and how it is ... to the director ofthe AFF Program. That most probably limits the abil-ity ofthe AFF director to manage and allocate resources, and this limitation could Copyright â National Academy of Sciences....
... 2003). 64 The correlation ofthe change in thegrowthofthe monetary base with the top statutory tax rate is 0.031 and with the top capital gains tax rate is 0.003. The correlation ofthe average ... 17 The standard deviation ofthe average tax rate is 1.2. The average marginal tax rate (the average ofthe marginal tax (continued ) Taxes andthe Economy: An Economic Analysis ofthe Top ... index of output per hour; it can be affected not only by taxes but also by the quantity and quality ofthe labor force. The indicators ofthe quantity and quality ofthe labor force include the...
... that the more the noun's relation to human becomes closer andthe more the level of abstract ofthe noun becomes lower the numbers of verbs that are closely related to them ~id therefore ... associate to them (nouns) become large. And that the numbers of associated ideoms or ideom like parases become large, Therefore, the division of categories must further be done. The process of constructing ... at the lower level categories. (2) To each verb found in the process ofthe association, consults ordinary dictionary of translation equivalents and word usage of verbs and obtain the set of...
... plight of an apostle of a new doctrine. On the other hand, the apostle of the new doctrine was perhaps good enough for the preachers ofthe old. Two years before this, the priest of the church of ... see the son ofthe honourable tiller ofthe soil so ready to quit the noble calling of his forefathers, norso ready to go and sully himself with the liveries and with the contempt ofthe man of ... future rewards and punishments, the incarnation, immortality, the twoprinciples ofthe Manicheans, the Ormuzd and Ahriman ofthe Persians, the doctrine of emanations, the empire of light and darkness,...