Recognition of economic growth determinants is one of the most important concerns for economists. In the oil exporting countries oil revenues play a significant role for the economy alongside with other economic growth determinants. This paper attempts to investigate the role of oil in selected oil-revenue dependent economies. Since oil revenue goes directly to public treasury and is expended b...

In this paper, a new circuit scheme is proposed to reduce the power consumption of dynamic circuits. In the proposed circuit, an NMOS keeper transistor is used to maintain the voltage level in the output node against charge sharing, leakage current and noise sources. Using the proposed keeper scheme, the voltage swing on the dynamic node is lowered to reduce the power consumption of wide fan-in...

I. THE PRESENT ...................................................................................... 8 A. The Numbers ................................................................................. 8 B. Private Initiatives .......................................................................... 9 C. Government Initiatives (or Lack Thereof) .................................. 11 1. Congress....

This paper reviews alternative options for monetary policy when the short-term interest rate is at the zero lower bound and develops new empirical estimates of the effects of the maturity structure of publicly held debt on the term structure of interest rates. We use a model of risk-averse arbitrageurs to develop measures of how the maturity structure of debt held by the public might affect the...

THE Deputy Keeper of the Public Records of Northern Ireland has kindly allowed us to reproduce th,is attendance or class certificate issued by Doctor Laennec in 1826 to John Creery Ferguson (Figure 1). John Ferguson was a native of Tandragee, County Armagh. Born in 1802, he received the degree of M.B. from Trinity College, Dublin, in 1827, and became eventually the second professor of medicine ...

Since 2007, three actors have been particularly important in U.S. Treasury auctions: The U.S. government, issuing $8.4 trillion in U.S. Treasury securities in 2010 alone; foreign official entities, purchasing $398 billion in U.S. Treasury securities in 2010 alone; and finally the Federal Reserve, which intervened in the U.S. Treasury market by purchasing $900 billion U.S. Treasury securities du...

It is vital that public Veterinary Services develop the skills to address the challenging questions posed by national Treasury officials, who exercise an important mandate to ensure that expenditures are efficient and effective in serving the public interest. Examples of such questions are considered in this paper, along with systems and strategies for preparing for such reviews, including the ...

The incidence of currency counterfeiting and the possible total stock of counterfeits in circulation are popular topics of speculation and discussion in the press and are of substantial practical interest to the U.S. Treasury and the U.S. Secret Service. This paper assembles data from Federal Reserve and U.S. Secret Service sources and presents a range of estimates for the number of counterfeit...

Nevertheless the Russian higher education system remains relatively centralized: the Federal Government provides no less then 50% of all higher education institutional expenditures and keeps all state-owned institutions' funds under strict control through a special system of treasury accounts, it provides accreditation, attestation and licensing of all institutions, private or public, it establ...