The purpose of this paper is to investigate the wealth effects of the issuance of guidelines by the Office of Inspector General (OIG) to encourage pharmaceutical manufacturers to use internal controls or self-regulation “to efficiently monitor adherence to applicable statutes, regulations, and...

The calculation of forward rates implied in Treasury spot rates is well known. A simple extension that uses yields on TIPS and similar-maturity conventional Treasury securities to estimate changes in the market's expectation of inflation is less well known. One interesting opportunity to apply...

On 2 April 2009 the Food and Drug Administration (FDA) released warning letters to 14 major pharmaceutical companies about search engine advertising, effectively curtailing an aspect of internet marketing by pharmaceutical industry. These warning letters were posted to the public on 3 April...

Many courses in financial economics cover the estimation of forward rates implied in Treasury spot rates. A less well-known extension of this discussion shows how yields on TIPS and similar-maturity conventional Treasury securities may be used to extract the market's inflation expectation. We...

The rapid generation in the wind power is a result of extensive research which is centrally focused on environmental and productive advantages of wind power. A major requirement for this growth is efficient prediction of local wind speed, which provide an estimated potential of wind speed...

The explosive growth in REITs over the past decade suggests that they provide an important alternative investment vehicle. Since REITs are a representation of the real estate market, they should theoretically provide similar diversification benefits of holding direct real estate in a portfolio....