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Facts about global justice
(2014)
The recent financial crisis highlighted the limits of the "originate to distribute" model of banking, but its nexus with the macroeconomy remains unexplored. I build a business cycle model with banks engaging in credit risk transfer (CRT) under informational externalities. Markets for CRT provide liquidity insurance to banks, but the emergence of a pooling equilibrium can also impair the banks’ monitoring incentives. In normal times and in face of standard macro shocks the insurance benefits of CRT prevail and the business cycle is stabilized. In face of financial/liquidity shocks the extent of informational asymmetries is larger and the business cycle is amplified. The macro model with CRT can also reproduce well a number of macro and banking statistics over the period of rapid growth of this banks’ business model.
Objective: To examine risk of malignancy and death in patients with kidney transplant who receive the immunosuppressive drug sirolimus.
Design: Systematic review and meta-analysis of individual patient data.
Data sources: Medline, Embase, and the Cochrane Central Register of Controlled Trials from inception to March 2013.
Eligibility: Randomized controlled trials comparing immunosuppressive regimens with and without sirolimus in recipients of kidney or combined pancreatic and renal transplant for which the author was willing to provide individual patient level data. Two reviewers independently screened titles/abstracts and full text reports of potentially eligible trials to identify studies for inclusion. All eligible trials reported data on malignancy or survival.
Results: The search yielded 2365 unique citations. Patient level data were available from 5876 patients from 21 randomized trials. Sirolimus was associated with a 40% reduction in the risk of malignancy (adjusted hazard ratio 0.60, 95% confidence interval 0.39 to 0.93) and a 56% reduction in the risk of non-melanoma skin cancer (0.44, 0.30 to 0.63) compared with controls. The most pronounced effect was seen in patients who converted to sirolimus from an established immunosuppressive regimen, resulting in a reduction in risk of malignancy (0.34, 0.28 to 0.41), non-melanoma skin cancer (0.32, 0.24 to 0.42), and other cancers (0.52, 0.38 to 0.69). Sirolimus was associated with an increased risk of death (1.43, 1.21 to 1.71) compared with controls.
Conclusions: Sirolimus was associated with a reduction in the risk of malignancy and non-melanoma skin cancer in transplant recipients. The benefit was most pronounced in patients who converted from an established immunosuppressive regimen to sirolimus. Given the risk of mortality, however, the use of this drug does not seem warranted for most patients with kidney transplant. Further research is needed to determine if different populations, such as those at high risk of cancer, might benefit from sirolimus.
Library Buildings around the World" is a survey based on researches of several years. The objective was to gather library buildings on an international level starting with 1990.
The parts Germany, France, United Kingdom, United States have been thoroughly revised, supplemented and completed for this 2nd edition. A revision of the other countries is planned for the next edition.
Brachiacantha Dejean (Coccinellinae: Hyperaspidini), containing 49 species, is discussed, species described, illustrations provided, and a key to all recognized taxa included. Coccinella octopustulata F., Cleothera groendali Mulsant, Hyperaspis argentinica Weise, Hyperaspis blandula Weise, and Hyperaspis egae Crotch are transferred to Brachiacantha. Cleothera billoti parva Mulsant is recognized as a valid species and transferred to Brachiacantha. Brachiacantha arrowi Brèthes, Brachiacantha australe Leng, Brachiacantha manni Nunenmacher, and Brachiacantha propria Kirsch are recognized as synonyms of Brachiacantha groendali (Mulsant). A total of 29 new species of Brachiacantha are described; B. amber, B. anita, B. april, B. cathy, B. clara, B. charlotte, B. danielle, B. darlene, B. debbie, B. eleanor, B. emma, B. esther, B. eva, B. gail, B. hazel, B. jamie, B. joanne, B. jill, B. juanita, B. lauren, B. leslie, B. lynn, B. monica, B. pauline, B. pseudoarrowi, B. regina, B. sally, B. valerie, and B. veronica. Lectotypes are designated for B. argentinica (Weise), B. armandi (Mulsant), B. arrowi Brèthes, B. bahiensis Brethès, B. bilineata Weise, B. blandula Weise, B. bruchi Weise, B. loricata (Mulsant), B. octopustulata (F.), B. propria Kirsch.
Three new species of Pselnophorus are described from the Nearctic region. Pselnophorus chihuahuaensis Matthews, Gielis, and Watkins, Pselnophorus hodgesi Matthews, Gielis, and Watkins, and Pselnophorus kutisi Matthews, Gielis, and Watkins, are described and distinguished from the only previously named Nearctic congener Pselnophorus belfragei (Fish). Illustrations of the adults and male and female genitalia are provided along with a key to males.
The ladybeetle Anovia sp. (Coleoptera: Coccinellidae: Noviini), known as an important natural enemy of the Colombian fluted scale, Crypticeria muticicatrices Kondo and Gullan (Hemiptera: Coccoidea: Monophlebidae) is here identified as A. punica Gordon, 1972, and reported for the first time from Peru. Here we provide information and illustrations of the great variation in color and dorsal patterns of A. punica found in Colombia and Peru.
The fauna of the small carrion beetles and round fungus beetles (Leiodidae) of the oceanic islands of the West Indies is reviewed with 11 genera and 81 species recorded. Keys to adults of all genera and species, descriptions, and figures are provided to aid in identification. All species are endemic to the islands of the West Indies. Most species are endemic to a single island, but some species in the Lesser Antilles occur on more than one island. It is certain that more species remain to be discovered, especially on larger and less explored islands. Two new genera are described: Parvocyrtusa (type species Parvocyrtusa hispaniolensis), and Pseudolionothus (type species Pseudolionothus insularis). The genus Pseudoagathidium Angelini is reported from the New World for the first time with one species. The higher taxa and 61 new species and their island distributions are as follows: Cholevinae, Eucatopini, Eucatops Portevin (first West Indian record): E. annulus, Hispaniola. Ptomaphagini, Proptomaphaginus Szymczakowski (four species, no new taxa), Greater Antilles and Bahamas (new genus record). Anemadini, Dissochaetus Reitter (five species, one new species): D. santalucia, St. Lucia. Leiodinae, Agathidiini, Agathidium Panzer (first West Indian record): A. minutum, Hispaniola. Pseudoagathidium Angelini (first New World record): P. ignotum, St. Vincent. Leiodini, Isoplastus Horn (first West Indian record): I. hispaniolensis, Hispaniola. Zeadolopus Broun (five known species, 28 new species): Z. acinaces, Hispaniola; Z. angulatus, St. Vincent; Z. antiguensis, Antigua, Saba, Montserrat; Z. atratus, Cuba; Z. bahamensis, Bahamas Islands (Andros Island); Z. caborojo, Hispaniola; Z. carinatus, Jamaica; Z caymanensis, Cayman Islands (Grand Cayman); Z. cubensis, Cuba; Z. dominica, Dominica; Z. exiguus, Hispaniola; Z. flavidus, Cuba; Z. hatomayor, Hispaniola; Z. hispaniolensis, Hispaniola; Z. iviei, Hispaniola; Z. jarabacoa, Hispaniola; Z. lavega, Hispaniola; Z. longipes, Hispaniola; Z. lucidus, Cuba; Z. miniusculus, Hispaniola; Z. nanus, Hispaniola; Z. nesiotes, St. Lucia and Martinique; Z. oviedoensis, Hispaniola; Z. parvantilliensis, Montserrat, Guadeloupe, Dominica, Martinique, St. Lucia, St. Vincent, Grenada; Z. paulus, Hispaniola; Z. pedernales, Hispaniola; Z. pusillus, Cuba. Parvocyrtusa (new genus, one new species): P. hispaniolensis, Hispaniola. Pseudolionothus (new genus, two new species): P. andersoni, Cuba; P. insularis, Hispaniola. Scotocryptini, Aglyptinus Cockerell (five known species, 19 new species): A. angulatus, Hispaniola; A. bahamensis, Bahamas Islands (Andros Island); A. biserriatus, Cuba; A. capitaneus, Cuba; A. dominica, Dominica; A. fortipunctatus, Cuba; A. grandis, Hispaniola; A. grenadensis, Grenada; A. hemipterus, Jamaica; A. hispaniolensis, Hispaniola; A. longipalpus, Hispaniola; A. luciae, St. Lucia; A. maculatus, Jamaica; A. martiniquensis, Martinique; A. minutus, Cuba; A. parvoculus, Jamaica; A. parvus, St. Lucia; A. sinuatus, Cuba; A. vincentii, St. Vincent. Creagrophorus Matthews (one known species, seven new species): C. bicolor, Martinique; C. cubensis, Cuba; C. dominica, Dominica; C. hispaniolensis, Hispaniola; C. microdentatus, Hispaniola; C. santalucia, St. Lucia; C. unidentatus, St. Vincent and Grenada.
A new species of soft scale from Mexico, Toumeyella martinezi Kondo and Gonzalez sp. nov. (Hemiptera: Coccoidea: Coccidae) collected on Myrtillocactus geometrizans (Mart. ex Pfeiff.) Console (Cactaceae) is described and illustrated. An updated taxonomic key to the soft scale insects of the genus Toumeyella Cockerell known from Mexico is provided. A list of all currently known species of Toumeyella worldwide is given.
We provide new state and county records of biting midges in the genus Culicoides Latreille (Diptera: Ceratopogonidae) from the southeastern United States collected with CDC miniature light traps during 2007–2012 in Florida, Georgia, Alabama, Mississippi, Louisiana, Arkansas, and Texas. The primary goals of the surveys were to identify the presence of exotic Culicoides, and determine the ranges of known and possible vectors of bluetongue virus (BTV) and epizootic hemorrhagic disease virus (EHDV). Included are the fi rst records of: Culicoides (Amossovia) beckae Wirth and Blanton from Louisiana and Mississippi, C. (A.) oklahomensis Khalaf from Alabama and Arkansas, C. (Avaritia) alachua Jamnback and Wirth from Alabama, C. (Culicoides) neopulicaris Wirth from Alabama, C. (Drymodesmyia) butleri Wirth and Hubert from Texas, C. (Hoffmania) insignis Lutz from Mississippi, C. (Oecacta) barbosai Wirth and Blanton from Georgia, C. (Silvaticulicoides) loisae Jamnback from Alabama, and C. kirbyi Glick and Mullen from Mississippi. We also provide new Florida county records for C. alachua, C. barbosai, C. (Beltranmyia) hollensis (Melander and Brues), C. insignis, and C. (Monoculicoides) sonorensis Wirth and Jones; a new Georgia county record for C. alachua; and new Alabama county records for C. insignis, and C. sonorensis.
A revised checklist for the butterfl y families Hedylidae and Hesperiidae (Lepidoptera) of Trinidad (Trinidad and Tobago) is presented, bringing nomenclature in line with modern usage, and indicating synonyms from earlier lists and papers. The following are new records for Trinidad: Thessia athesis (Hewitson), Bungalotis clusia Evans, Sarmientoia eriopis (Hewitson), Pellicia tyana toza Evans, Quadrus contubernalis contubernalis (Mabille) and Decinea decinea derisor (Mabille). The checklist includes two species of Hedylidae and 314 species of 157 genera of Hesperiidae, comprising 87 species of 37 genera of Eudaminae, 73 species of 41 genera of Pyrginae, and 154 species of 80 genera of Hesperiinae.
We clarify the taxonomy and nomenclature of several species-group names and the family-group name for the anticheirine scarabs (Scarabaeidae: Rutelinae: Rutelini), a group that includes nearly 550 species and subspecies in 44 genera and subgenera. These clarifications are necessary due to taxonomic and nomenclatural inaccuracies in recent revisionary works. We provide a list of genera included in the anticheirine scarabs sensu Soula. Numerous nomenclatural changes are necessary due to invalid type designations or misspellings: the valid type species of Aequatoria Arrow is Chlorota associata Waterhouse; the valid type species of Chlorota Burmeister is Rutela terminata Le Peletier de Saint-Fargeau and Audinet-Serville; the valid type species of Dorysthetus Blanchard is Macraspis chlorophana Burmeister; the valid type species of Anticheira Eschscholtz is Scarabaeus virens Drury. Changes to the type species of Anticheira result in new combinations: Anticheira virens virens (Drury), new combination, Anticheira virens bleuzeni (Soula), new combination and Anticheira virens jossi (Soula), new combination. Some anticheirine species names were not associated with species descriptions or type designations, making these names nomina nuda and unavailable: “Chlorota smithi”, “Macraspis cincta guatemalensis”, “Parachlorota equatoriana”, “Parachlorota pardoi”, “Pseudothyridium (Megathyridium) bousqueti”, “Theuremaripa rivae brasiliensis” and “Thyridium cupriventre blanchardi”. Dorysthaetus rufipennis Dejean is a nomen nudum and an unavailable name. We correct numerous misspellings from Soula’s five volumes on anticheirine scarabs and provide a list to avoid propagation of these errors by future researchers. Eighteen names are unavailable infrasubspecific names, and thirty-six of Soula’s names were misspelled. These names confuse and obscure ruteline systematics. Lastly, we provide a comprehensive list of infrasubspecific names in the anticheirine scarabs and we establish these as available or unavailable names.
Pocket gopher burrows were sampled from 22 counties within Arkansas to determine the associated faunal composition of three major families of Coleoptera (Histeridae, Leiodidae and Scarabaeidae) commonly associated with pocket gopher burrows. We collected eight species of Histeridae, four species of Leiodidae and eight species of Scarabaeidae from the burrows of Geomys breviceps Baird. Three of the Histeridae were new state records, Geomysaprinus goffi Ross, G. rugosifrons (Fall) and Margarinotus felipae (Lewis). All of the Leiodidae were new state records and one Scarabaeidae was a new state record, Dellacasiellus concavus (Say). The most commonly collected scarab beetles were Cryptoscatomaseter haldemani (Horn) and Geomyphilus insolitus (Brown). The most commonly collected hister beetle was Onthophilus kirni Ross. The Leiodidae were infrequently captured.
Trixagus steineri (Coleoptera: Throscidae), a new species and first genus record from The Bahamas
(2014)
Trixagus Kugelann 1794 is the second largest genus of Throscidae with 80 valid species presently assigned. Horn (1885, 1890) reviewed the species for the United States and Mesoamerica, and then Blanchard (1917) revised part of the family for Canada and the United States in a posthumous article edited by H.C. Fall. Schenkling (1928) provided the only published worldwide catalog. Yensen (1975) provided a modern revision for the species for Canada and the United States, and then (Yensen 1980) described T. cobosi from Panama and provided a new key to all of the described American species. Among these studies only T. chevrolati (Bonvouloir 1859) was recorded from southern Florida, thus being a species potentially shared with The Bahamas. Aulonothroscus bicarinatus Fleutiaux (1911, 1947) (Blackwelder 1944), from Guadeloupe, is the only other throscid species previously described from the West Indies. Prior to the work of Lawrence and Newton (1995) the subfamily Lissominae received divergent treatment and was usually treated as a subfamily of Throscidae (e.g., Schenkling 1928, Blackwelder 1944, Yensen 1975). This subfamily is represented in The Bahamas by two species of Drapetes Megerle 1821 (Turnbow and Thomas 2008). Representation of the subsequently restricted family in The Bahamas was provided by two undetermined species of Aulonothroscus Horn listed by Turnbow and Thomas (2008) from Andros, Eleuthera, and Great Inagua islands; these will be treated separately from here. The reporting of a new species of Trixagus from New Providence Island provides a second genus from the country and the entire Lucayan Archipelago, and suggests that related species of both genera from Hispaniola and Cuba are probable and await discovery (Peck 2005; Perez-Gelabert 2008).
On 23 July 2014, the U.S. Securities and Exchange Commission (SEC) passed the “Money Market Reform: Amendments to Form PF ,” designed to prevent investor runs on money market mutual funds such as those experienced in institutional prime funds following the bankruptcy of Lehman Brothers. The present article evaluates the reform choices in the U.S. and draws conclusions for the proposed EU regulation of money market funds.
Can a tightening of the bank resolution regime lead to more prudent bank behavior? This policy paper reviews arguments for why this could be the case and presents evidence linking changes in bank resolution regimes with bank risk-taking. The authors find that the tightening of bank resolution in the U.S. (i.e., the introduction of the Orderly Liquidation Authority) significantly decreased overall risk-taking of the most affected banks. This effect, however, does not hold for the largest and most systemically important banks – too-big-to-fail seems to be unresolved. Building on the insights from the U.S. experience, the authors derive principles for effective resolution regimes and evaluate the emerging resolution regime for Europe.
A recent proposal by the Financial Stability Board (FSB) suggests a new risk capital buffer for globally operating systemically important financial institutions. The suggested metric, “Total Loss Absorbing Capacity“ (TLAC), is composed of Tier-1 capital and loss absorbing debt. In a crisis situation, “bail-in-able” debt is to be written down or converted into equity. Jan Krahnen argues that the credibility of bail-in, in the case of systemically important financial institutions, hinges crucially on the design of TLAC and the requirements that will be placed on loss absorbing “bail-in-able” debt.The fear of direct systemic consequences through bail-in could be overcome, if a holding ban were placed on the “bail-in-bonds” of financial institutions. The holding ban would stipulate that these bonds cannot be held by other institutions within the banking sector.
Twenty six species of the genus Purenleon Stange (Neuroptera: Myrmeleontidae: Nemoleontini) are recognized from the New World, of which ten are described as new species: P. oaxacae, P. fernandezi, P. tibialis, P. adamsi, P. andinus, P. apache, P. aztecus, P. cavei, P. farri and P. toltecus. Neotypes are designated for Psammoleon banksi Esben-Petersen 1933 and for Formicaleo inaequalis Navás 1913. The larvae of sixteen species have been reared and are described with data on their biologies. The genus is subdivided into three species groups based mostly on leg structure. The inscriptus group consists of fi ve species, the tibialis group consists of two species and the rest of the species are in the bistictus group. Keys to the species based both on adults and larvae are provided and descriptions given.