1 Compound Interest 3 1.1 Time Value of Money Single Payments . . . . . . . . . . . . . . . . . . . . . . . . 3 1.2 Time value of money Streams of Payments . . . . . . . . . . . . . . . . . . . . . . 4 1.3 Fair Payment Streams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 1.4 Particular Payment Streams . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 1.5 F...

Which budgetary institutions result in efficient provision of public goods? We analyze a model with two parties bargaining over the allocation to a public good each period. Parties place different values on the public good, and these values may change over time. We focus on budgetary institutions that determine the rules governing feasible allocations to mandatory and discretionary spending pro...

Después de años de un continuado crecimiento muy por encima el de nuestro producto interior bruto, el gasto sanitario empieza mostrar inequívocamente su frenada. Las alegrías de su pasado umento se tornan en tristeza y decaimiento, con una verosímil endencia a ir a menos. Es comprensible que la situación no suscite legría, pero no deja de extrañar la generalizada preocupación por l «mal color» ...

Objective To estimate financial payments from industry to US journal editors.Design Retrospective observational study.Setting 52 influential (high impact factor for their specialty) US medical journals from 26 specialties and US Open Payments database, 2014.Participants 713 editors at the associate level and above identified from each journal's online masthead.Main outcome measures All general ...

A Conference Summary By Richard J. Sullivan and Zhu Wang From the early days of automated card sorting to the more recent times of the Internet and check imaging, payments and payments processing have continually embraced new technology. At the same time, the industry has been shaped by its share of entry and exit, through startups, mergers, and the reorganization of businesses seeking the prop...

Consumer payments in the United States gradually have been shifting away from paper checks for past several years. Cash use has declined as well, although at a much slower pace. As number of check decreased, those replaced with electronic and card payments. However, transition to bills not proceeded same way purchases. Using detailed consumer survey panel data collected over nine years, we trac...

the water and waste-water industry, as an infrastructure industry, has wide interactions with the public by having more than 20 million subscribers (27 million units). one of these interactions is the collection of debt considering the nature of the obligation sales and service rendered. collection of debt and the costs imposed as a result of the qualitative and quantitative services offered to...

After the war with Iraq which ended in 1988, Iran implemented several agricultural support policies based on Five-Year National Development Plans. The main objective of these plans in the agriculture sector was to make the agricultural economy more market-oriented and to encourage sustainable agriculture. This paper investigates the extent to which Iran's government has been able to achieve thi...