In 1995, Mexico introduced a price-level-adjusting unit of account called the Unidad de Inversion (UDI). Loans denominated in UDIs maintain their purchasing power and provide a real rate of return in pesos. This study examines the real rate of return earned by dollar investors in UDI mortgages...

Respondents were prepared to pay a higher price than the market price of a standard helmet. To improve the quality of helmets in Vietnam, it is recommended that the government subsidize a helmet programme in conjunction with other programmes (such as education and strict enforcement policies) in...

A modified projection method for strongly pseudomonotone variational inequalities is considered. Strong convergence and error estimates for the sequences generated by this method are studied in two versions of the method: the stepsizes are chosen arbitrarily from a given fixed closed interval...

This report is the first in a series of four reports that describe the results of accelerated pavement tests on full-scale pavements with “wet†base conditions at the Pavement Research Center, located at the University of California Berkeley Richmond Field Station (RFS). The report...

In 1995, Mexico introduced a credit system based on a price-level-adjusting unit of account called the Unidad de Inversion (UDI), which is Spanish for unit of investment. The Bank of Mexico maintains an UDI Index, which sets the peso value of an UDI on any given day. Loans denominated in UDIs...

Despite its professed emphasis on the real world, the Post Keynesian literature lacks a history of business cycle fluctuations in a particular economy. This is an extremely important oversight. Not only might such a study be useful to researchers, but students are anxious to acquire practical as...

The 1990’s saw considerable amounts invested in new technology only to see the promised returns unrealized. The programs were often well planned, executed, within budget, and the functionality delivered was exactly what was expected. So what went wrong? Although the solutions are installed,...

Curiously and in spite of its name, very few business cycle theories actually treat it as a cycle. Mainstream economics, for example, models all macroeconomic fluctuations as a function of exogenous forces. In their view, the economy remains at full employment indefinitely unless impacted by...

Caltrans is in the process of implementing Mechanistic-Empirical design procedures. All mechanisticempirical methods must be validated/calibrated against the behavior of real pavements. This should be done before implementing models in design methods to ensure that designs will be reasonable....