Domestic and international determinants of the Reichsbank's liquidity ratios during the classical gold standard, 1876 - 1913: An econometric analysis

--

Domestic and international determinants of the bank of France's liquidity ratios during the classical gold standard, 1876 - 1913: An econometric analysis

--

Domestic and international determinants of the Bank of England's liquidity ratios during the classical gold standard, 1876 - 1913: An econometric analysis

--

Summertime and the drivin’ is easy? Daylight Saving Time and vehicle accidents. LEQS Paper No. 150/2019 December 2019

Although it is commonly understood that light conditions affect driving behaviour, detailed evidence is scarce especially for EU countries. In this paper we use the exogenous variation in daylight caused by Daylight Saving Time (DST) shifts to examine the role of light conditions on vehicle accidents. We use a rich dataset from Greek administrative data covering the universe of all types of recorded vehicle accidents over the period between 01 January 2006 to 32 December 2016. Relying on a regression discontinuity design we attempt to provide a casual evaluation regarding the impact of exogenous time shifts on the number of vehicle crashes. Our results are supportive of an ambient light mechanism that reduces the counts of serious vehicle accidents during the Spring transitions and increases on the count of minor ones during the Fall transition, especially during the most impacted hours within the day. We discuss the implications of our study both for the importance of light ambience conditions for car accidents and for the particular case of the adoption and preservation of DST policies

Bayesian CRLB for hybrid ToA and DoA based wireless localization with anchor uncertainty

In this paper, we derive the Bayesian Cramér-Rao lower bound for three dimensional hybrid localization using time-of-arrival (ToA) and direction-of-arrival (DoA) types of measurements. Unlike previous works, we include the practical constraint that the anchor position is not known exactly but rather up to some error. The resulting bound can be used for error analysis of such a localization system or as an optimality criterion for the selection of suitable anchors

Targeting inflammation to reduce cardiovascular disease risk

This joint themed section of the British Journal of Pharmacology and the British Journal of Clinical Pharmacology stems from a joint British Pharmacological Society – Italian Society of Pharmacology symposium held at the 37th National Congress of the Italian Society of Pharmacology in Naples (Italy) from 27 to 30 October 2015

Efficacy of Pseudomonas chlororaphis subsp. aureofaciens SH2 and Pseudomonas fluorescens RH43 isolates against root-knot nematodes (Meloidogyne spp.) in kiwifruit

The Root-knot nematodes, Meloidogyne spp., are parasites of many crops and orchards, including kiwifruit trees. The Islamic Republic of Iran is among the leading kiwifruit producers in the world and M. incognita has been found as the dominant species responsible for severe loss of this crop. In order to evaluate the eff ectiveness of antagonistic bacteria on larval mortality, number of galls per plant and egg masses of nematode reduction, fifty local bacterial strains were isolated from root surrounding soils of kiwifruit plants in the northern production areas in Iran. Bacterial antagonists were characterized by morphological, physiological, biochemical and molecular methods. Two representative strains, showing the best nematicidal activity, were identif ed as Pseudomonas chlororaphis subsp. aureofaciens (isolate Sh2) and Pseudomonas fluorescens (isolate Rh43). They increased the percentage of larval mortality to 56:38% and 54:28% respectively in assays in vitro and showed excellent performance also in vivo with consistent reduction of number of galls (67:31% and 55:63%, respectively) and egg mass (86:46% and 84:29%, respectively) in plants. This study indicates that Pseudomonas chlororaphis subsp. aureofaciens isolate Sh2 and Pseudomonas fluorescens isolate Rh43 are good potential biocontrol agents for containing root-knot nematodes in kiwifruit trees.peer-reviewe

Carrots, sticks, and the multiplication effect

Although a punishment can be applied only once, the threat to punish (also referred to as stick) can be reiterated several times, because when parties obey, the punishment is not applied and thus the threat can be repeated. The same is not possible with promises to reward (also known as carrots), since they need to be carried on every time a party complies, and hence at each round a new reward is needed. We show that the multipliability of sticks has pervasive consequences in economics and law and provides a unified explanation for seemingly unrelated phenomena such as the dynamics of riots and revolutions, the divide-and-conquer strategy, comparative negligence, the anticommons problem, the use of property rules in markets, the most-favored nation clause, legal restrictions on penalties in employment contracts, and legal aid