Commercial rabbit farms commonly house breeding does in single-litter cages that generate concerns for animal welfare. Group housing increases the space per and allows more natural behaviour. When housed group, however, exhibit aggressive behaviour around parturition continuous group systems have negative effects on reproductive performances. Part-time aims to reduce aggression by delaying grou...

Abstract We review the Seyfert 1.5 Galaxy ESO 362-G18 for exploring origin of soft X-ray excess. The Warm Corona and Relativistic Reflection models are two main scenarios to interpret excess in AGNs at present. use simultaneous observation data XMM-Newton NuSTAR on Sep. 24th, 2016 perform spectral analysis steps. First, we analyze time-average spectra by using models. Moreover, also explore Hyb...

This paper represents a new approach in the exchange rate determination by using microstructural and macroeconomic variables. We test combination of fundamentals microstructure variables cointegrated relationship USD/JPY USD/GBP currencies' pairs. The ‘twofold' model includes interest rate, money supply net foreign assets as fundamentals, spread high-low variable. Then we compare different mode...

Ligand binding of the B-cell lineage antigen CD40 enhances growth and interleukin-6 (IL-6) secretion in human B cells (the CD40/IL-6 loop). IL-6 has an autocrine and paracrine role in human multiple myeloma (MM) cell growth. With the use of the CD40 monoclonal antibody (MoAb) G28-5, we examined CD40 expression and the effect of CD40 binding on MM clonogenic colony (MCC) formation to characteriz...

Market makers in over-the-counter markets often make offsetting trades and have significant market power. We develop a market making model that captures this market feature as well as other important characteristics such as information asymmetry and inventory risk. In contrast to the existing literature, a market maker in our model can optimally shift some trade with the informed to other discr...

The World Bank Group Entrepreneurship Survey measures entrepreneurial activity around the world. The database includes cross-country, time-series data on the number of total and newly registered businesses for 84 countries. This paper finds significant relationships between entrepreneurial activity and indicators of economic and financial development and growth, the quality of the legal and reg...

This paper examines the conditions required to guarantee positive prices in the CAPM. Positive prices imply an upper bound on the equity premium. This upper bound depends on the degree of diversity of firms’ fundamentals, and it is independent of investors’ preferences. In economies with realistically diverse assets the only positive-price CAPM equilibrium theoretically possible is a degenerate...

We show how a high degree of commonality in investor liquidity shocks can diminish incentives for intermediaries to keep markets open and lead to market collapse, even without information asymmetry or news affecting fundamentals. We motivate our model using the perpetual floating-rate note market where two years of explosive growth – in which issues by high quality borrowers were placed with in...

Existing microstructure literature cannot explain the empirical evidence that bid-ask spreads can decrease with information asymmetry and ignores either information asymmetry or inventory risks. We develop a market making model that highlights the asset pricing impact of market makers’ capability of making offsetting trades in markets where both information asymmetry and inventory risk are sign...