Decline of the Iranian rial during the postrevolutionary period: a productivity approach

Article Abstract:

The productivity bias hypothesis implies that the international productivity differences between two countries may be one reason for the purchasing power parity (PPP) exchange rate to deviate from the equilibrium rate or for a more productive country to experience a real appreciation of its currency. A reexamination of the productivity bias hypothesis between Iran and its major trading partners revealed a long-term relationship in nearly all cases with regard to the deviation of the PPP from the black-market exchange rate between the Iranian rial and seven major currencies and the productivity ratios. This implies that Iran should increase its productivity and growth for the rial to revert to its real value before the revolution.

Other General Government Support, Coinage & Currency, Research, Economic aspects, Prices and rates, Foreign exchange, Foreign exchange rates, Money, Capital productivity, Purchasing power, Riyal (Saudi Arabia)

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It's all in my genes, m'lud

Article Abstract:

Genetic evidence has been admitted for some time by courts in the US, and many observers believe that it is now only a matter of time before defence lawyers are successful in getting a client's sentence reduced by claiming that violent crime can be the result of a chemical imbalance caused by a mutating gene. DNA profiling is alread used as a weapon by defence lawyers in the UK, but lawyers remain unconvinced about the usefulness of so-called 'criminal genes.'

Social aspects, Heredity

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Visualizing human embryos

Article Abstract:

Magnetic resonance microscopy (MRM) has allowed biologists to view and monitor early human development. MRM provides three-dimensional images of embryonic development that aids doctors in detecting normal and abnormal babies.

Usage, Equipment and supplies, Biologists, Magnetic resonance imaging, Human embryo

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