Various alternatives are available when designing a data collection system for portfolio investment (PI) statistics, in the context of balance of payments (BOP) and international investment position (IIP). Such systems differ according to the reporting agents they target, periodicity and level of aggregation, while the corresponding results vary in terms of implementation and running costs, ava...

CONDENSED statements of Association finances for the year 1952, prepared by the auditing firm of G. P. Graham & Company, are published herewith, in order that the entire membership may be fully informed regarding the financial operations, obligations, and resources of the AAAS. The first two statements summarize operating receipts and expenditures. Once again the annuity payments to the Cattell...

We expose a theorem of Pila and Wilkie on counting rational points in sets definable in o-minimal structures and some applications of this theorem to problems in diophantine geometry due to Masser, Peterzil, Pila, Starchenko, and Zannier.

William L. Wilkie is Nathe Professor of Marketing, University of Notre Dame (e-mail: [email protected]). How Did This Issue Come About? For much of my career, I have been intrigued with trying to comprehend what the field of marketing is actually about (and what it might be about, what it could be about, what it should be about, and so forth). In recent years, I have joined with my colleague Eliza...

In 1981, Paris and Wilkie [21] indicated it was an open question whether IΣ0 would satisfy the Second Incompleteness Theorem for Herbrand deduction. We will show that IΣ0 will both obey and defy the Herbrandized version of the Second Incompleteness Theorem, depending on which of several equivalent definitions of IΣ0 one examines.

The projection of current investment experience in life insurance sales illustrations during the historically high interest rate environment of the 1980s in the U. S. has led to consumer dissatisfaction and lawsuits against life insurers and agents. As interest rates fell after 1985, insurers were unable to credit returns near the maximums illustrated earlier. New regulations still allow projec...

The best predictor of current investment at the firm level is lagged investment. This lagged-investment e§ect is empirically more important than the cash-flow and Q e§ects combined. We show that the specification of investment adjustment costs proposed by Christiano, Eichenbaum and Evans (2005) predicts the presence of a lagged-investment e§ect and that a generalized version of their model is c...

Theoretical models of the relationship between investment and the current account impose restrictions on the joint dynamic behavior of these variables. These restrictions come in two forms. One imposes causal orderings on investment and the current account. The other restriction concerns the permanent responses of these variables to different shocks. We use these restrictions to identify empiri...

this paper tries to survey the relationship between national revenue growth with the governments current expenditure, which increases under the effect of the governments transfer payments composed of basic goods subsidies. the paper uses a dynamic two-sector equation that was formulated according to irans economic structure characteristics. the solution of the model by way of reduced form equat...