We estimate the equity premium using CDS spreads and structural models of default. Our estimates yield equity premia of 6.50% (U.S.), 5.44% (Europe) and 6.21% (Asia) based on 5year CDS spreads from 2003-2007. Due to some conservative assumptions these estimates are upper limits for the equity premium. Using 3-, 7and 10-year CDS maturities yields similar results and o ers an opportunity to estim...

Defining Nanotechnology A nanometer is small. Very small. To be precise, a typical sheet of paper is 100,000 nanometers thick. Nearly 50 years ago, Richard Feynman gave a famous speech [1] in which the idea of nanotechnology was first envisioned. In it, he famously asked, “What would happen if we could arrange the atoms one by one the way we want them?” It took thirty years for microscopes to b...

FORT WASHINGTON, PA — On March 12, 2015, as part of its 20th Annual Conference: Advancing the Standard of Cancer Care TM, the National Comprehensive Cancer Network® (NCCN®) featured the commemorative event, 20 Years of Improving Cancer Care Together – An NCCN Roundtable Discussion. In recognition of NCCN’s 20th Anniversary, this special roundtable, moderated by Clifford Goodman, PhD, The Lewin ...

Renal transplantation has become one of the most common surgical procedures performed to replace a diseased kidney with a healthy kidney from a donor. It can help patients with kidney failure live decades longer. However, renal transplantation also faces a risk of developing various blood disorders. The blood disorders typically associated with renal transplantation can be divided into two main...

Background Graft dysfunction after lung transplantation is typically attributable to infection or rejection. In the absence of these entities, structural cardiovascular (CV) abnormalities need to be sought. At our center this evaluation typically includes a myriad of diagnostic tests: echocardiography, chest computed tomographic angiography, nuclear medicine lung perfusion imaging, and right he...