IMF-5 in Pennsylvania

Pothole Repair in Pennsylvania

IN T R O D U C T IO N In the C om m onw ealth of Pennsylvania, the m anual repa ir of potholes involves an annual expend itu re exceeding $25 m illion, which is second only to snow rem oval in the m a in tenance budget. P rior to 1980, it was com m on practice for rep a ir crews to practice a “throw an d go” policy, w ith pa tch m ateria l p laced in the potholes w ithout rem oving debris or lo...

Lyme Disease in Pennsylvania

The Imf in Starbursts

The history of the IMF in starburst regions is reviewed. The IMFs are no longer believed to be top-heavy, although some superstar clusters, whether in starburst regions or not, could be. General observations of the IMF are discussed to put the starburst results in perspective. Observed IMF variations seem to suggest that the IMF varies a little with environment in the sense that denser and more...

IMF Conditionality

This paper presents a principal-agent model of IMF conditional lending, in the aftermath of a “capital-account” liquidity crisis. We show that traditional ex-post conditionality can be e¤ective in safeguarding the Fund’s resources, allowing for the provision of e¢cient emergency lending and reducing ine¢cient ex-ante credit rationing if the capital out‡ow which triggers the crisis is not excess...

Variations of the Imf

The stellar IMF has been found to be essentially invariant. That means, any detailed observational scrutiny of well resolved populations of very young stars appears to show the IMF to be of more or less the same shape independent of the metallicity and density of the star-forming region. While some apparent differences are seen, the uncertainties inherent to this game do not allow a firm conclu...