Beyond the Toledo agreement : the intergenerational impact of the spanish pension reform

The paper examines the intergenerational impact of the Spanish public pension system after the 1997 Pension Reform Act. Working within a Generational Accounting framework, we find that maintaining the new legal setting could leave future generations with liabilities as high as 176 percent of base year GDP. As the recent reform measures have been insufficient to achieve the sustainability of the current pension system, we also analyse the impact of alternative reform strategies. Within the current pay-as-you-go setting, a further improvement to tax-benefit linkage in line with the original spirit of the Toledo Agreement is shown to yield and intergenerationally more balanced outcome,than an increase in the retirement age or an expansion of public subsidies financed through indirect taxes. Finally, we examine the generational impact of a move toward a partially funded pension system which might restore theintergenerational balance

Empirical determination of the very high energy heavy quark cross section from nonaccelerator data

To cosmic rays incident near the horizon the Earth's atmosphere represents a beam dump with a slant depth reaching 36 000 g cm-2 at 90. The prompt decay of a heavy quark produced by very high energy cosmic ray showers will leave an unmistakable signature in this dump. We translate the failure of experiments to detect such a signal into an upper limit on the heavy quark hadroproduction cross section in the energy region beyond existing accelerators. Our results disfavor any rapid growth of the cross section or the gluon structure function beyond conservative estimates based on perturbative QCD.

Agency Fact Sheet, State of Iowa, FY2007

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Agency Fact Sheet, Administrative Services, FY2007

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Agency Fact Sheet, Department of Aging, FY2007

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Agency Fact Sheet, Department of Agricultural and Land Stewardship, FY2007

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Agency Fact Sheet, Department of Auditor, FY2007

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Agency Fact Sheet, Department of Blind, FY2007

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Agency Fact Sheet, Department of Civil Rights, FY2007

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Agency Fact Sheet, Department of College Aid, FY2007

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Agency Fact Sheet, Department of Commerce: Alcoholic Beverages, FY2007

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Agency Fact Sheet, Department of Commerce: Banking Division, FY2007

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Agency Fact Sheet, Department of Commerce: Credit Union Division, FY2007

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Agency Fact Sheet, Department of Commerce: Insurance Division, FY2007

This document produced by the Iowa Department of Administrative Services has been developed to provide a multitude of information about executive branch agencies/department on a single sheet of paper. The facts provides general information, contact information, workforce data, leave and benefits information and affirmative action data.