Audit of the Ice Arena Facility Revenue Note Funds of Iowa State University of Science and Technology (Iowa State University) as of and for the year ended June 30, 2007

Audit of the Ice Arena Facility Revenue Note Funds of Iowa State University of Science and Technology (Iowa State University) as of and for the year ended June 30, 2007

A multilevel analysis on the determinants of regional health care expenditure. A note

We apply a multilevel hierarchical model to explore whether anaggregation fallacy exists in estimating the income elasticity of healthexpenditure by ignoring the regional composition of national healthexpenditure figures. We use data for 110 regions in eight OECD countriesin 1997: Australia, Canada, France, Germany, Italy, Spain, Sweden andUnited Kingdom. In doing this we have tried to identify two sources ofrandom variation: within countries and between-countries. Our resultsshow that: 1- Variability between countries amounts to (SD) 0.5433, andjust 13% of that can be attributed to income elasticity and the remaining87% to autonomous health expenditure; 2- Within countries, variabilityamounts to (SD) 1.0249; and 3- The intra-class correlation is 0.5300. Weconclude that we have to take into account the degree of fiscaldecentralisation within countries in estimating income elasticity ofhealth expenditure. Two reasons lie behind this: a) where there isdecentralisation to the regions, policies aimed at emulating diversitytend to increase national health care expenditure; and b) without fiscaldecentralisation, central monitoring of finance tends to reduce regionaldiversity and therefore decrease national health expenditure.

The evolution of adult height in Europe: A brief note

This paper presents new evidence on the evolution of adult height in 10 Europeancountries for cohorts born between 1950 and 1980 using the European CommunityHousehold Panel (ECHP), which collects height data from Austria, Belgium, Denmark,Finland, Greece, Ireland, Italy, Portugal, Spain and Sweden. Our findings show agradual increase in adult height across all countries. However, countries from SouthernEurope (Greece, Italy, Portugal, Spain) experienced higher gains in stature than thoselocated in Northern Europe (Austria, Belgium, Denmark, Finland, Ireland and Sweden).

A note on robust detection

We introduce a simple new hypothesis testing procedure, which,based on an independent sample drawn from a certain density, detects which of $k$ nominal densities is the true density is closest to, under the total variation (L_{1}) distance. Weobtain a density-free uniform exponential bound for the probability of false detection.

Report of the Ice Arena Facility Revenue Note Funds of Iowa State University of Science and Technology as of and for the year ended June 30, 2008

Report of the Ice Arena Facility Revenue Note Funds of Iowa State University of Science and Technology as of and for the year ended June 30, 2008

A note on the convergence to competitive equilibria in economies with moral hazard

We examine the conditions under which competitive equilibria can beobtained as the limit, when the number of strategic traders getslarge, of Nash equilibria in economies with asymmetric informationon agents' effort and possibly imperfect observability of agents'trades. Convergence always occur when either effort is publiclyobserved (no matter what is the information available tointermediaries on agents' trades); or effort is private informationbut agents' trades are perfectly observed; or no information at allis available on agents' trades. On the other hand, when eachintermediary can observe its trades with an agent, but not theagent's trades with other intermediaries, the (Nash) equilibriawith strategic intermediaries do not converge to any of thecompetitive equilibria, for an open set of economies. The source ofthe difficulties for convergence is the combination of asymmetricinformation and the restrictions on the observability of tradeswhich prevent the formation of exclusive contractual relationshipsand generate barriers to entry in the markets for contracts.

Note sur les musaraignes (Soricidae, Mammalia) du Parc National du Souss-Massa Maroc

With 420 trap-nights we sampled shrews in different habitats of the Souss-Massa National Park. Crocidura viaria (n=11) was found in 5 habitats (cultivated land, wetland, beach dunes with Chenopodia, sand dunes with patchy vegetation and also in the Euphorbia association). No shrews were captured in Eucalyptus forest with undergrowth. Southward from Essaouira, C. viaria is obviously the most frequent species in dense or patchy lowland vegetation. Two other species (C. whitakeri and C. tarfayaensis) which occur in sympatry in the Agadir region were not captured. They live probably not in syntopy with C. viaria and their ecological requirements remain to be studied.