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American public-sector schemes discount their liabilities by the expected return on their assets.
He will be complemented by the expected return of Jean-David Levitte, France's ambassador in Washington, DC, to be Mr Sarkozy's American-style national security adviser.In this section The big chill An inclusive government A North Sea signal False lustre The eleventh hour Clash of civilisations The burden of history ReprintsThere will be change at the Ministry of Finance as well.
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In a paper for the Financial Analysts Journal, Robert Novy-Marx of the University of Rochester argues that by destroying assets invested in cash a scheme can reduce its deficit by increasing the expected return on remaining assets.
A portfolio selection model which allocates a portfolio of currencies by maximizing the expected return subject to Value-at-Risk (VaR) constraint is designed and implemented.
Forest concessions are the key policy instruments that 'close the ecotourism-conservation' loop by increasing the expected return on conservation actions and allowing lodges to continue operations in the face of deforestation pressures [1].
New Jersey, in contrast, has improved its funded ratio by manipulating, er, adjusting the expected return, as reported in March.
The loss was accounted for by a tax charge on the expected return of $8 billion in overseas earnings.
Informally, the value of a state s under a policy π, denoted by V π (s), is the expected return when starting in s and following π.
In this case, the expected return is multiplied by the expected logistic return index (by the conditional logistic variance).
ECONOMICS 223-49 (1986) (the greater the liquidity of a security, the lower the expected return required by investors, which decreases the firm's cost of capital).
The return G(A) of a sequence A can in this case be seen as the agreement between the Agent likelihood (log P(A)_{mathbb {A}}) and the augmented likelihood: G(A) = -[log P(A)_{mathbb {U}} - log P(A)_{mathbb {A}}]^2The goal of the Agent is to learn a policy which maximizes the expected return, achieved by minimizing the cost function (J(Theta ) = -G).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com