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C9 Business Digest C1 EDITORIAL A16-17 Editorials: Next test for finance reform; the White House and the Mideast; no pay, no work in Albany.
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And all institutions are alike: Schools need higher test scores for financing; corner dealers need to up their numbers; police pump up minor arrests to meet their quotas; and newspapers lay off seasoned, responsible reporters to cut costs and shape articles to the expectations of the Pulitzer Prize committee.
Phillip Sykes, president of insolvency trade body R3, expressed concern about how well some borrowers would cope with higher interest rates, saying that a "rise, whenever it does come, will be a test for many household finances".
"Every program goes through the but-for test: But for this financing, this project wouldn't exist".
The negotiations were also a test for Mr. Kasyanov, the finance minister who has been functioning essentially as Mr. Putin's prime minister.
Carpenter et al. (1998), who compare three measures of financial constraints (cash-flow sensitivity, cash stocks, and coverage ratio), find evidence confirming cash flow as the preferred variable to test for the presence of financing constraints.
The inference with complex, unknown non-linear elements would require a larger set of noise-free data (which is not realistic for in-vivo and in-vitro studies, and likely difficult to finance) to test for the best type of non-linearity and to identify its additional parameters (see section 3.3.2 in [ 53]).
That goes for finance, too.
Read "Too Young for Finance?
The afternoon was a big test for the new Chancellor of the Exchequer (as we call our finance minister).
Major League Baseball and the N.F.L. are helping to finance an attempt by Catlin to develop a urine test for H.G.H.
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