Impact of a Risk Premium on the Empirical Testing of FOREX Essay

Impact of a Risk Premium on the Empirical Testing of FOREX - Essay Example In line with this, the empirical tests test for the availability of atypical or risk –accustomed earning opportunities. However, in the case of ambiguity and uncertain venture such as spot and forward (JACQUE, 2014) speculation, it is complex to interpret the empirical tests relative to the market efficiency. The fundamental model applied in testing marketing efficiency is the joint hypothesis, which means that two hypotheses are tested at the same time. In such cases, when the risk premium is in existence it creates an impact which shifts the equilibrium return on currency trading toward a high point. This implies that, the profits attributed to the currency trading do not show market inefficiency if these returns are fewer than the suitable risk premium (ULLRICH, 2009). This impact can be explained by an example of a corporation, which hedges, and in return, its financial experience to the currency risk reduces. This implies that, in the absence of a risk premium, the firm d oes not sacrifice any return in the process of risk reduction. If the corporation faces high cost of financial misery, then this nature of reduced volatility will benefit its operations (RECORD, 2003). This implies that the effect of risk premium on a firm is immensely attributed to the hedging of a corporation when the risk premium exists. In addition, the risk premium on empirical testing invokes significance and negative relationship with the expected future spot rate. In addition, the premium risk offers a more explanatory note relative.

Is there racial profiling in nypd stop question and frisk Research Paper

Is there racial profiling in nypd stop question and frisk - Research Paper Example Although these immigrant become a cause of financial prosperity as they bring foreign exchange with them and turn the wheel of economic prosperity by forming revenue for the country. However, there are people who observe every stranger as intruder and suspect them of criminal activity due to their narrow thinking style. Prejudice towards a nation or society is commonly observed; since right after 9/11 incident. International media and the world not only got terrorized by the incident, but started accusing and treating all the people of Muslim community in the same manner. This conveniently spread the prejudiced feelings towards Muslim and now it is felt by all the other people of the world as well. All around the world several innocent Muslims are killed by people who count themselves as civilized and literate nations. On the other hand they subject, innocent immigrant who leave their homelands, only for the sake of education or financial prosperity; as subjects to criminal or terrorist activity. The wind of racial prejudice did not start only after 9/11 but it has a past which date backs 500-1000 years of western prejudice towards non western. Recently NYPD is observing Muslim students of many universities far more closely than ever. They are not only talking to their professors and acquaintance but also following them on trips outside the premises of colleges and universities. An undercover agent was sent on a rafting trip with a group of Muslim students to assess them. Police commissioner Raymond Kelly is facilitating this investigation on Muslim students only on the basis of their religious beliefs and practices. However, there is no such evidence found against these students, to be involved in terrorist activities so far. Several students are in a perplexed state after becoming a surveillance list member. These students felt discomfort and mistrust

Compulsive Disorder Essay -- essays research papers

Obsessive Compulsive Disorder  Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Obsessive Compulsive Disorder is a lifelong disorder, which can cause a person to do things repeatedly. This disorder is identified by two general symptoms: obsessions and compulsions. An obsession can be defines as an unwelcome, distressing thought or mental image. (Schwartz, 1996) It is a thought that annoys you so much that it causes distress and anxiety. Compulsions are the behaviors that people with Obsessive Compulsive Disorder perform in an attempt to get rid of the fears and anxieties caused by their obsessions. (Schwartz, 1996) The disorder which usually starts in adolescence or early childhood, is more common that asthma or diabetes. (Baer, 1991) It affects one in forty people, or more than five million Americans. (Baer, 1991)   Ã‚  Ã‚  Ã‚  Ã‚  Obsessive Compulsive Disorder is related to a biochemical imbalance in the brain that can be treated effectively without drugs. This starts with a biochemical problem in the brain called â€Å"Brain Lock†. (Schwartz, 1996) Four key structures of the brain become locked together and the brain sends false messages that the person cannot recognize as false. (Schwartz, 1996) One of the main signal-processing centers of the brain, made up of two structures called the caudate nucleus and the put amen, can be thought of like a gearshift in a car. (Schwartz, 1996) The caudate nucleus is like the automatic t...

Clinical decisions Essay

Support Tools Worksheet Read the following patient scenarios. Use the tables to identify and explain at least one to two clinical decision support tools that could be used in each scenario. Your explanations should be 50 to 150 words each. Example Scenario and Response A physician is asking that a new drug, DRUGx, be added to the formulary. This drug interacts with the drug INTERAx, causing severe convulsions or seizures and even death. Describe how the electronic system might be set up to protect patients from receiving DRUGx if they are already taking INTERAx. Consider the CPOE process you have read about in class. Scenario 1 A patient has a known allergy to penicillin. Describe how the electronic system might be set up to prevent this particular patient from getting penicillin. Consider the CPOE process you have read about in class. Clinical decision support tools and explanation I would choose the CPOE process because of the built in clinical decision support. Alerts will appear when orders are entered for medications that may contain pencillin. If the patient were to be prescribed a mediciation that  may cause a reaction that could result in the patients death. Scenario 2 Sepsis is a serious medical condition that many times sneaks up on clinicians because the vitals are not easily monitored. To recognize this condition, a trend of vital signs is needed so if the patient is deteriorating, the clinical team is able to recognize the need to intervene rapidly. If the vital signs are captured electronically, how could the system be leveraged to assist the clinical team in knowing they need to immediately help the patient? Consider trending of results, alerting, and communication devices. Clinical decision support tools and explanation When the vital signs are entered for each visit when a pattern in the vital signs are detected and alert will go off in the system. The doctors will be notified by built-in alerts that vital signs are following a certain pattern that may mean there is something serious going on. Scenario 3 A patient has Cochlear implants in both ears. She is not able to have any radiology exams done to her that use a magnet, as the implants could get pulled out of her ears. (They are surgically inserted.) How might the system help to notify the physician when he or she is ordering radiology exams on this type of patient? Additionally, is there any way to leverage the radiology system to let the radiology technician know of the potential issue with the implants? Clinical decision support tools and explanation Medical professionals are able to input information about patients. Therefore that information will be updated in CPOE which will prompt alerts if another physician inputs an order to have radiology exam an alert will pop up. Scenario 4 HIV is a serious infectious disease that must be reported to the state as soon as it is identified to prevent exposure and understand the incidence of the disease. How might the EHR help to communicate this to the government more rapidly? Consider how the system might share ranges of values across institutions. Clinical decision support tools and explanation I would choose to use a Drug/Drug Interaction tool, so we would be aware when there could be a severe reaction when a patient is prescribed both DRUGx and INTERAx. This tool would notify the appropriate individuals when someone wanted to prescribe both of these medications to a patient. I would have it alert the physician as soon as he or she entered the order in CPOE so they could have an opportunity to select another drug that would be appropriate for the patient.

The Awakening By Kate Chopin - 1730 Words

The impalpability of passion is something that causes a person to act on sentiment often times rather than perhaps, more conceptually proper ideals. In many instances, an act of passion is committed to achieve a sense of satisfaction within one’s self. This concept lends itself to the perception that societal influence does not always subjugate that of personal inclination. The feeling that generates this emotion primarily ensues actions that, due to their anomalism, can seem selfish or at times even pathetic. The word pathetic, although often having iniquitous connotation, compatible with synonyms such as worthless or shameful, takes a different turn in the novel The Awakening by Kate Chopin. Protagonist and main character Edna†¦show more content†¦Edna Pontillier however, had very different feelings about this ordeal and through her series of awakenings throughout the novel, embarks on a journey that, for once, allowed her to put her own thoughts and feelings first without considering that of others. The disconnect between Edna and her husband Leonce Pontillier lays an adumbrate backdrop for the events to come from the beginning of the novel. It is evident that Mr. Pontillier is a man quite consumed with appearances and considers Edna, in a term more referenced to the present century, a trophy wife. Neither thoroughly amative nor ardent to her, he appreciates and is proud of the appearance that Edna offers, describing on page 5 how he looked upon Edna as one would look at â€Å"a valuable piece of personal property that has suffered some damage.† One can question however, is Leonce lost in vanity, or simply a man of his time? Mrs. Pontillier, described as being more handsome than beautiful links itself to the masculinity within her; representing the strong ill feelings she dared to feel while being a woman of the late 1800’s. â€Å"In short† says the novel â€Å"Mrs. Pontillier was not a mother-woman† (p.8) On a summer family vacation to the Grand Isle, Edna Pontiller is introduced to a dashing young man by the name of Robert Lebrun. The relationship begins as a simple camaraderie

Graduation Speech My College - 2270 Words

I can’t believe this is finally the time to be writing my college essays and figure out what colleges I want to go to. Ever since middle school, I have been anxiously waiting for the day I pick the college that fits me best. The time has finally come for all the seniors to shine, and share with our desired colleges what we have accomplished over these past four years of high school. Before being able to do such a thing, I must first decide which colleges would best fit me as well as comply with the criteria I am searching for. Personally, when I am researching for colleges I look into Cost, Location, Size, Campus, Majors and Settings. Based upon my research and criteria I figured that the best four schools that fit me the best would be†¦show more content†¦Scholarships and Internships would help me get into my dream schools without having to get my parents to pay -------- amount of money, that is why I would rather pick a college that would have some connections to sc holarships and would accept internships just to help the cost to reduce a little. Location is the second big factor in picking what college I would rather pick, It is a little too unrealistic to say that after my four years of high school I am at a stage in life that could live on my own in another state. Having the support of my family and being able to drive to them with the maximum of a couple hours of the drive would be something that I am planning on doing. I rather go somewhere that would not be as far so I would be able to see them whenever I want to. Furthermore, I would rather go to a school that it would have a diverse campus, a place not too small where people of all different backgrounds and cultures can come together. Diversity educates you in life; coming from a family where they are very open to new cultures and backgrounds I would prefer to go somewhere where I can meet new people and learn their cultures and their perspectives in life. Finding a school that you woul d be close to major shops, supermarkets so that you can walk or drive a short distance, more close to

William Shakespeare s The Tempest Essay - 1802 Words

Numerous interpretations of William Shakespeare’s play The Tempest depict its main protagonist, Prospero in a negative light. Many such renderings of Prospero’s character are identified in the introduction of The Tempest. The introduction makes reference to Dryden’s and Davenant’s rewriting of the play. Their rewriting portrays Prospero as a very controlling and deceptive individual whose character is stagnate. Accordingly, the foreword also mentions the possible employment of the narrative, by Prospero to further dominate all those around him. In essence, history has attributed many villain-like characteristics to Prosporo. However, the interpretation of the play performed at the DeBartolo Performing Arts Center at the University of Notre Dame directed by Wess Hyler, depicts Prospero’s character in a way that moves from the vision of Prospero shown historically. Wess Hyler’s production of The Tempest utilizes the stage elements of costuming , blocking, and the actors’ performance to reveal the transformative agency that has changed Prospero into a tyrannical, enslaved individual who loses control over his power. Hyler’s The Tempest then shows the impact that others can have on an individual through its portrayal of Ariel influence as the catalysis of Prospero’s ultimate change into a freed individual. Hyler’s Tempest employs the stage elements of the actors’ performance and their costumes to identify the events that have occurred in Prospero’s past that have turned himShow MoreRelatedWilliam Shakespeare s The Tempest1267 Words   |  6 Pagesaudience. During the Enlightenment Era, William Shakespeare’s writing were a form of social commentary on the English Government. Endorsed by the king, Shakespeare’s works told tales of tragedy and whimsy, incorporating both fiction and nonfiction elements. One trademark of Shakespeare s plays were the subtle allusions to the concurrent events in the English government. This is evident in his well known and final play, The Tempest. The story of The Tempest tells the tale of Prospero, a fallen dukeRead MoreWilliam Shakespeare s Tragicomedy The Tempest1935 Words   |  8 Pagesstand alone, frequently including elements from other influences. William Shakespeare’s tragicomedy The Tempest (c:1611) is a p lay that uses intertextuality to enhance ideas about natural order. Banished to an island, Prospero, the rightful Duke of Milan, conjures up a tempest that brings him his usurping brother, Antonio in an attempt to restore his Dukedom. The play’s amalgamation of tragicomedy and the pastoral genre allows Shakespeare to warn his audience about unbalance, criticising the lavish lifestyleRead MoreWilliam Shakespeare s The Tempest1256 Words   |  6 PagesWilliam Shakespare’s The Tempest introduces a dynamic and colorful protagonist, Prospero. Throughout the play, he establishes himself as a multi dimensional character. Prospero’s interaction with other characters in the play is vital in uncovering the many different sides of his personality. Prospero displays a different part of his personality when he interacts with Caliban, Ariel, and Ferdinand, all of whom are ploys in his master plan to regain his crown. Prospero assimilates his personality toRead MoreWilliam S hakespeare s The Tempest1229 Words   |  5 Pages William Shakespeare most definitely did not reference Jeffrey Jerome Cohen’s Seven Monster Theses when writing his play, The Tempest. One of Cohen’s theses though - thesis four â€Å"The Monster Dwells at the Gates of Difference† - appears quite prominently in Shakespeare’s work. The thesis articulates that monsters are divisive and often arise in a culture to make one group seem superior to another. Further, societies devise monsters in order to create a scapegoat for social and political inequitiesRead MoreWilliam Shakespeare s The Tempest Essay1019 Words   |  5 PagesStephen Greenblatt, believes that antagonists such as Caliban from The Tempest represent more than a source of evil. Some theorists argue that Caliban should been seen as a â€Å"colonial other.† I agree, and in this paper I demonstrate and give prime examples as to why Caliban is misunderstood and depicted as a monster when in fact he should be viewed as a native of the island. According to Greenblatt’s argument, in The Tempest, Caliban should be viewed as a colonial other rather than a universal evilRead MoreWilliam Shakespeare s The Tempest886 Words   |  4 PagesIn The Tempest, by William Shakespeare, there is a main issue of whether Prospero or Caliban have the better claim to control the island. In act 1, scene 2, we learn that Prospero, Miranda (his daughter), and Caliban are all located on an island. Caliban states, â€Å"This island’s mine by Sycorax my mother, (1.2.331), which means that he has inherited this island from his mother. However, critic Stephen Orgel has argued that â€Å"Power, as Prospero presents it in the play, is not inherited but self-createdRead MoreWilliam Shakespeare s The Tempest947 Words   |  4 PagesIn Shakespeare’s The Tempest, Caliban is the primitive monster who belongs to the bottom of the power hierarchy on the island claimed by Prospero. Caliban, the original inhabitant of the island, unwillingly becomes Prospero’s slave as he uses magic to take control of the island. Prospero sees Caliban as the savage and monster who does not acknowledge the order of civilization despite his efforts to educate him. Caliban appears as an inferior and beast-like figure from nature in the eyes of the civilizedRead MoreWilliam Shakespeare s The Tempest Essay987 Words   |  4 Pagesâ€Å"The rarer action is in virtue than in vengeance† (5.1.35-36). This quote from scene five of the Tempest gives the reader a glimpse of Shakespeare’s message regarding humanity. To be human means more than to have two feet, breathe in your lungs, and the ability to communicate. To be human is a choice. Being human means showing compassion and love for those around you. In the play the Tempest, Prospero struggles with his humanity. He possesses inhuman abilities that cause him to lose sight of theRead MoreWilliam Shakespeare s The T empest1499 Words   |  6 PagesShakespeare’s play â€Å"The Tempest† outlines many complex characters. One of which was Prospero, former Duke of Milan and powerful sorcerer. Prospero initially portrays a self-involved personality and God-complex but then throughout the course of the play this personality trait transpires into a more pragmatic approach to his life. All of these traits of this character makes it difficult to analyze the true character of Prospero. In the first Act of the play, we see Prospero using sorcery to drum upRead MoreWilliam Shakespeare s The Tempest1469 Words   |  6 PagesThe Tempest brings out the discussion of rule, in this play the theme of rule is prominent, especially in the beginning of the play where the conversation between Prospero and Miranda (his daughter) lead the actions of Prospero, this paper will be analysing the hierarchy of the characters, the definition of justice for Prospero and who’s the king of Milan. Prospero has magical powers which is seen later in the play, the play starts off by the telling the story of the current king and his crew on