Breviarium Sancti Juliani Brivatensis.

F. 1 Psautier (mutilé du début). F. 62v Litanies (début seul). F. 63 Oraison en l'honneur des saints Julien, Ferréol, Elpide, etc. F. 63v-77 Hymnaire : — Hymnes en l'honneur de s. Julien de Brioude, s. Augustin, etc. Cf. Chevalier, nos 15604, 9883, 4539, 10968, 3471. F. 77v-82v Capitules : — Dédicace (82v). F. 82v « Preces in Quadragesima. » F. 85 Office des morts. F. 87v Leçons et répons de l'office de la Vierge. F. 90 Commun des saints. F. 106-122 Temporal (incompl. de la fin) : — 1er dim. après l'oct. de l'Épiphanie (106) ; — Jeudi après Quasimodo (122).

Combined effect of tobacco and alcohol on laryngeal cancer risk : a case-control study

OBJECTIVE: To provide information on the effects of alcohol and tobacco on laryngeal cancer and its subsites. METHODS: This was a case-control study conducted between 1992 and 2000 in northern Italy and Switzerland. A total of 527 cases of incident squamous-cell carcinoma of the larynx and 1297 hospital controls frequency-matched with cases on age, sex, and area of residence were included. Odds ratios (ORs) and corresponding 95% confidence intervals (CIs) were estimated using multiple logistic regression. RESULTS: In comparison with never smokers, ORs were 19.8 for current smokers and 7.0 for ex-smokers. The risk increased in relation to the number of cigarettes (OR = 42.9 for > or = 25 cigarettes/day) and for duration of smoking (OR = 37.2 for > or = 40 years). For alcohol, the risk increased in relation to number of drinks (OR = 5.9 for > or = 56 drinks per week). Combined alcohol and tobacco consumption showed a multiplicative (OR = 177) rather than an additive risk. For current smokers and current drinkers the risk was higher for supraglottis (ORs 54.9 and 2.6, respectively) than for glottis (ORs 7.4 and 1.8) and others subsites (ORs 10.9 and 1.9). CONCLUSIONS: Our study shows that both cigarette smoking and alcohol drinking are independent risk factors for laryngeal cancer. Heavy consumption of alcohol and cigarettes determined a multiplicative risk increase, possibly suggesting biological synergy.

Covariance Matrix Estimation and Mean-Variance Optimization in application to International Diversification

Tutkimus keskittyy kansainväliseen hajauttamiseen suomalaisen sijoittajan näkökulmasta. Tutkimuksen toinen tavoite on selvittää tehostavatko uudet kovarianssimatriisiestimaattorit minimivarianssiportfolion optimointiprosessia. Tavallisen otoskovarianssimatriisin lisäksi optimoinnissa käytetään kahta kutistusestimaattoria ja joustavaa monimuuttuja-GARCH(1,1)-mallia. Tutkimusaineisto koostuu Dow Jonesin toimialaindekseistä ja OMX-H:n portfolioindeksistä. Kansainvälinen hajautusstrategia on toteutettu käyttäen toimialalähestymistapaa ja portfoliota optimoidaan käyttäen kahtatoista komponenttia. Tutkimusaieisto kattaa vuodet 1996-2005 eli 120 kuukausittaista havaintoa. Muodostettujen portfolioiden suorituskykyä mitataan Sharpen indeksillä. Tutkimustulosten mukaan kansainvälisesti hajautettujen investointien ja kotimaisen portfolion riskikorjattujen tuottojen välillä ei ole tilastollisesti merkitsevää eroa. Myöskään uusien kovarianssimatriisiestimaattoreiden käytöstä ei synnytilastollisesti merkitsevää lisäarvoa verrattuna otoskovarianssimatrisiin perustuvaan portfolion optimointiin.

Efeito de reguladores vegetais no desenvolvimento de mudas de Passiflora alata Curtis

O principal fator limitante à produção de mudas enxertadas de maracujazeiro é o elevado tempo para a sua formação. Assim, objetivou-se avaliar o efeito de reguladores vegetais no desenvolvimento de mudas de Passiflora alata Curtis, a serem empregadas como porta-enxerto, visando a reduzir o tempo para atingir o ponto de enxertia. O delineamento experimental empregado foi o inteiramente casualisado, em esquema fatorial 4x5 (4 reguladores vegetais x 5 concentrações), com 4 repetições de 25 plantas por parcela. Os tratamentos foram constituídos por 0,0 mg L-1 (testemunha); 25 mg L-1; 50 mg L-1; 75 mg L-1, e 100 mg L-1 de Benziladenina (BA), GA4+7 + Fenilmetil-aminopurina (GA4+7+CK), Ácido giberélico (GA3) e Cloreto de chlormequat (CCC). Avaliaram-se o comprimento e o diâmetro do caule, o número de folhas, o comprimento e a fitomassa seca de raíz, do caule, das folhas e total. Os dados foram submetidos à análise de variância e de regressão polinomial, sendo realizado desdobramento quando houve efeito significativo da interação.Os reguladores não promoveram respostas significativas para o comprimento e a massa seca de raiz, do caule, de folhas e total. Porém, GA4+7+Fenilmetil-aminopurina foi o regulador que incrementou o comprimento do caule, o diâmetro e o número de folhas, promovendo maior desenvolvimento às mudas e reduzindo o tempo para a formação do porta-enxerto, de três a oito meses, para dois meses (63 dias).

A pilot feasibility, safety and biological efficacy multicentre trial of therapeutic hypercapnia after cardiac arrest: study protocol for a randomized controlled trial.

BACKGROUND: Cardiac arrest causes ischaemic brain injury. Arterial carbon dioxide tension (PaCO2) is a major determinant of cerebral blood flow. Thus, mild hypercapnia in the 24 h following cardiac arrest may increase cerebral blood flow and attenuate such injury. We describe the Carbon Control and Cardiac Arrest (CCC) trial. METHODS/DESIGN: The CCC trial is a pilot multicentre feasibility, safety and biological efficacy randomized controlled trial recruiting adult cardiac arrest patients admitted to the intensive care unit after return of spontaneous circulation. At admission, using concealed allocation, participants are randomized to 24 h of either normocapnia (PaCO2 35 to 45 mmHg) or mild hypercapnia (PaCO2 50 to 55 mmHg). Key feasibility outcomes are recruitment rate and protocol compliance rate. The primary biological efficacy and biological safety measures are the between-groups difference in serum neuron-specific enolase and S100b protein levels at 24 h, 48 h and 72 h. Secondary outcome measure include adverse events, in-hospital mortality, and neurological assessment at 6 months. DISCUSSION: The trial commenced in December 2012 and, when completed, will provide clinical evidence as to whether targeting mild hypercapnia for 24 h following intensive care unit admission for cardiac arrest patients is feasible and safe and whether it results in decreased concentrations of neurological injury biomarkers compared with normocapnia. Trial results will also be used to determine whether a phase IIb study powered for survival at 90 days is feasible and justified. TRIAL REGISTRATION: Australian New Zealand Clinical Trials Registry ACTRN12612000690853 .

La coordinación muscular del cuádriceps en pacientes con el síndrome del dolor femoropatelar.

Introducción: el síndrome del dolor femoropatelar es un conjunto de signos y síntomas común entre adolescentes y adultos jóvenes caracterizada por un dolor retropatelar o peripatelar en actividades tales como subir o bajar escaleras. Su etiología y métodos de tratamiento han sido ampliamente estudiados en la literatura. Se piensa que es una patología multifactorial y el tratamiento que más se prescribe es la terapia física haciendo hincapié en el fortalecimiento del cuádriceps, aunque su eficacia es aún confusa. Objetivos: esta revisión tiene como objetivo obtener información sobre la posible relación del cuádriceps como causa o consecuencia del síndrome femoropatelar y evidenciar si el tratamiento basado en el fortalecimiento de dicho músculo es efectivo para reducir los síntomas en pacientes con esta patología. Metodología: en la búsqueda bibliográfica se han revisado las bases de datos Pubmed, Cochrane y ScienceDirect de las cuales se han extraído un total de veintiún artículos siguiendo los criterios de inclusión y exclusión. Las palabras clave han sido en inglés y no han sido aceptados artículos con fecha de publicación anterior al año 2003. Resultados: se han encontrado diversidad de resultados donde el trabajo del cuádriceps y sus modalidades siguen sin estar claras respecto a sus beneficios en pacientes con síndrome del dolor femoropatelar. Aun así en la literatura revisada se observa cómo hay autores que apoyan totalmente el trabajo del cuádriceps basándose en la reducción del dolor y mejora de la funcionalidad y otros, en cambio, discrepan en algunos resultados. Conclusiones: el retardo en la activación del vasto medial oblicuo respecto al vasto lateral y la posible atrofia del vasto medial son apoyados en la literatura revisada aunque aún faltan estudios para averiguar si son causa o consecuencia del síndrome del dolor femoropatelar. La terapia física y el fortalecimiento del cuádriceps sigue siendo el tratamiento de elección para este síndrome. Respecto a las modalidades de ejercicios, tanto los ejercicios en CCC y en CCA son mencionados como beneficios para esta patología aunque no existen estudios concisos que hagan decantarse por uno de ellos. En cambio, en la realización de los ejercicios con carga o sin carga se observa que losdos tipos de ejercicios son igual de beneficiosos aunque los ejercicios con carga provocan un mayor reclutamiento en el vasto medial oblicuo.

Market linkages and volatility spillover: evidence from BRIC countries

The aim of this study is to investigate volatility spillover-effect and market integration between BRIC countries. Motivated by existing literature of market integration between developed and emerging markets, we will investigate market linkages using multivariate asymmetric GARCH BEKK model. The increasing globalization of the financial markets and consequent higher volatility transfer between markets makes it more important to understand market integration between BRIC countries. We investigate the stock market integration and volatility transfer between the BRIC countries form 1998 to 2007, using daily data. The empirical results show that there are international diversification benefits among Brazil, Russia, China and India. U.S. influence to these countries has been week, even though U.S. economy has been leading the global financial markets. From Finnish point of view, diversification benefits are robust but we find some correlation with Russia and China.

Analysis of outliers in electricity spot prices with exampleof New England and New Zealand markets

Electricity spot prices have always been a demanding data set for time series analysis, mostly because of the non-storability of electricity. This feature, making electric power unlike the other commodities, causes outstanding price spikes. Moreover, the last several years in financial world seem to show that ’spiky’ behaviour of time series is no longer an exception, but rather a regular phenomenon. The purpose of this paper is to seek patterns and relations within electricity price outliers and verify how they affect the overall statistics of the data. For the study techniques like classical Box-Jenkins approach, series DFT smoothing and GARCH models are used. The results obtained for two geographically different price series show that patterns in outliers’ occurrence are not straightforward. Additionally, there seems to be no rule that would predict the appearance of a spike from volatility, while the reverse effect is quite prominent. It is concluded that spikes cannot be predicted based only on the price series; probably some geographical and meteorological variables need to be included in modeling.

Time-varying Risk Premiums and Conditional Market Risk: Empirical Evidence from European Stock Markets

This study investigates the relationship between the time-varying risk premiums and conditional market risk in the stock markets of the ten member countries of Economy and Monetary Union. Second, it examines whether the conditional second moments change over time and are there asymmetric effects in the conditional covariance matrix. Third, it analyzes the possible effects of the chosen testing framework. Empirical analysis is conducted using asymmetric univariate and multivariate GARCH-in-mean models and assuming three different degrees of market integration. For a daily sample period from 1999 to 2007, the study shows that the time-varying market risk alone is not enough to explain the dynamics of risk premiums and indications are found that the market risk is detected only when its price is allowed to change over time. Also asymmetric effects in the conditional covariance matrix, which is found to be time-varying, are clearly present and should be recognized in empirical asset pricing analyses.

Essays on pricing of risk and international linkage of Russian stock market

Last two decades have seen a rapid change in the global economic and financial situation; the economic conditions in many small and large underdeveloped countries started to improve and they became recognized as emerging markets. This led to growth in the amounts of global investments in these countries, partly spurred by expectations of higher returns, favorable risk-return opportunities, and better diversification alternatives to global investors. This process, however, has not been without problems and it has emphasized the need for more information on these markets. In particular, the liberalization of financial markets around the world, globalization of trade and companies, recent formation of economic and regional blocks, and the rapid development of underdeveloped countries during the last two decades have brought a major challenge to the financial world and researchers alike. This doctoral dissertation studies one of the largest emerging markets, namely Russia. The motivation why the Russian equity market is worth investigating includes, among other factors, its sheer size, rapid and robust economic growth since the turn of the millennium, future prospect for international investors, and a number of important major financial reforms implemented since the early 1990s. Another interesting feature of the Russian economy, which gives motivation to study Russian market, is Russia’s 1998 financial crisis, considered as one of the worst crisis in recent times, affecting both developed and developing economies. Therefore, special attention has been paid to Russia’s 1998 financial crisis throughout this dissertation. This thesis covers the period from the birth of the modern Russian financial markets to the present day, Special attention is given to the international linkage and the 1998 financial crisis. This study first identifies the risks associated with Russian market and then deals with their pricing issues. Finally some insights about portfolio construction within Russian market are presented. The first research paper of this dissertation considers the linkage of the Russian equity market to the world equity market by examining the international transmission of the Russia’s 1998 financial crisis utilizing the GARCH-BEKK model proposed by Engle and Kroner. Empirical results shows evidence of direct linkage between the Russian equity market and the world market both in regards of returns and volatility. However, the weakness of the linkage suggests that the Russian equity market was only partially integrated into the world market, even though the contagion can be clearly seen during the time of the crisis period. The second and the third paper, co-authored with Mika Vaihekoski, investigate whether global, local and currency risks are priced in the Russian stock market from a US investors’ point of view. Furthermore, the dynamics of these sources of risk are studied, i.e., whether the prices of the global and local risk factors are constant or time-varying over time. We utilize the multivariate GARCH-M framework of De Santis and Gérard (1998). Similar to them we find price of global market risk to be time-varying. Currency risk also found to be priced and highly time varying in the Russian market. Moreover, our results suggest that the Russian market is partially segmented and local risk is also priced in the market. The model also implies that the biggest impact on the US market risk premium is coming from the world risk component whereas the Russian risk premium is on average caused mostly by the local and currency components. The purpose of the fourth paper is to look at the relationship between the stock and the bond market of Russia. The objective is to examine whether the correlations between two classes of assets are time varying by using multivariate conditional volatility models. The Constant Conditional Correlation model by Bollerslev (1990), the Dynamic Conditional Correlation model by Engle (2002), and an asymmetric version of the Dynamic Conditional Correlation model by Cappiello et al. (2006) are used in the analysis. The empirical results do not support the assumption of constant conditional correlation and there was clear evidence of time varying correlations between the Russian stocks and bond market and both asset markets exhibit positive asymmetries. The implications of the results in this dissertation are useful for both companies and international investors who are interested in investing in Russia. Our results give useful insights to those involved in minimising or managing financial risk exposures, such as, portfolio managers, international investors, risk analysts and financial researchers. When portfolio managers aim to optimize the risk-return relationship, the results indicate that at least in the case of Russia, one should account for the local market as well as currency risk when calculating the key inputs for the optimization. In addition, the pricing of exchange rate risk implies that exchange rate exposure is partly non-diversifiable and investors are compensated for bearing the risk. Likewise, international transmission of stock market volatility can profoundly influence corporate capital budgeting decisions, investors’ investment decisions, and other business cycle variables. Finally, the weak integration of the Russian market and low correlations between Russian stock and bond market offers good opportunities to the international investors to diversify their portfolios.