E. Minerogenic Particulate Phosphorus Model
|
|
- Julius McDonald
- 6 years ago
- Views:
Transcription
1 E. Minerogenic Particulate Phosphorus Model - the unavailable component (PP m/u ) - development, testing, and application 1
2 Outline 1. background, supporting elements, and an empirical PP m/u model 2. conceptual mechanistic PP m/u model, input considerations and development 3. model performance 4. model analyses 5. applicability, advancements, and summary 2
3 Outline 1. background, supporting elements, and an empirical PP m/u model 2. conceptual mechanistic PP m/u model, input considerations and development 3. model performance 4. model analyses 5. applicability, advancements, and summary 3
4 Unavailable minerogenic particulate phosphorus (PP m/u ), other P fractions, and bioavailability total P P fraction bioavailability (assays) total P total dissolved (TDP) (<.45 µm) particulate PP SRP SUP PP o PP m complete mostly mostly limited - (Prestigiacomo et al., 215) soluble reactive soluble unreactive organic particulate minerogenic particulate partitioning PP m = PP m/u + PP m/a PP m/u PP m/a PP m f BAP for PP PP m/a none complete minerogenic unavailable particulate minerogenic available particulate, small fraction here 4
5 5
6 NYSDEC/TAC meeting, Jan. 15, 214 Implications for Water Quality Model Structure PP needs to be partitioned according to PP o and PP m PAVm or a proxy is a potentially valuable state variable to represent minerogenic particles external loads of PAVm or a proxy would be necessary longitudinal segmentation needed to differentiate near-shore versus pelagic waters conditions based on: Effler et al Inland Waters 4: consistency with implemented tool 1/15/14 6
7 Independent estimates of PP m/u and the ratio PP m/u :PAV m from an empirical model: A test for the dynamic mechanistic model development and testing for the lake documented (Effler et al. 214) stoichiometry based model for lake PP, PP o, and PP m/u Chl chlorophyll a PP = PP o + PP m/u PP = (PP o :Chl) Chl + (PP m/u :PAV m ) PAV m 1.53 stoichiometric 7.1 mg/m 3 ratios supports the partitioning of PP - from optimization analysis of lake observations, temporal uniformity in stoichiometric ratios invoked 7 PP = PP o + PP m/u
8 Implications of PP m/u concentrations in lakes and related challenges for its modeling TP noteworthy contributions of PP m/u compromise TP concentration as a metric of trophic state because of the unavailability of PP m/u to support plant (e.g., algae) growth differences in time and space within individual lakes, and between lakes, are to be expected, associated with coupled differences in responsible minerogenic particles (PAV m ) runoff event effects important runoff events expected to promote higher PAV m and thereby PP m/u challenges to model PP m/u in lakes, quantification of: 1. delivery, transport, and fate of minerogenic particles (PAV m ), and 2. P associated with these particles (PP m ) and its bioavailability (PP m/u vs PP m/a ) pelagic shelf PP m/u 8
9 Outline 1. background, supporting elements, and an empirical PP m/u model 2. conceptual mechanistic PP m/u model, input considerations and development 3. model performance 4. model analyses 5. applicability, advancements, and summary 9
10 Extensive technical program support for mechanistic PP m/u model for Cayuga Lake lake monitoring LSC program , plus 213 P fractions, Chl-a, PAV m (size classes and type) primary tributaries P fractions, sediment (ISPM, SPM), PAV m (size classes) bioavailability assays (NYSDEC recommended) submodels (1) 2-D transport, (2) PAV m (4 size classes) loading estimates PAV m and PP m/u runoff event sampling focus (NYSDEC recommended), Inlet (extra, UFI and Cornell) sediment trap (extra, UFI and Cornell) 1
11 A mechanistic model for unavailable minerogenic particulate P (PP m/u ) for Cayuga Lake: Background P associated with minerogenic particles (PP m/u ) delivered by the watershed interferes with the use of TP concentration as a trophic state metric in lacustrine systems because of its limited bioavailability a mechanistic mass balance model for PP m/u has been developed and tested, as described here supporting components long-term and intensive 213 monitoring LSC monitoring ( ) bioavailability assessments loading estimates, PAV m and PP m/u transport and PAV m submodels PP m/u TP pelagic shelf 11
12 Conceptual model for dynamic mechanistic PP m/u model 12 tributary inputs transport submodel Gelda et al. 215a PAV m submodel Gelda et al. 215b PAV m/n loads PAV m/n PP m/u PP m/u :PAV m lake particles sink processes for PAV m PAV m submodel = f(q,pp and PAV m observations); i.e., varies PP m/u loads transport submodel PP m/u apportioned to the PAV m size classes PAV m/n according to their contributions to total PAV m model features PP m/u :PAV m of delivered particles subject to variation in-lake behavior of PP m/u is assumed to be that of PAV m with which it was associated upon entry in-lake dynamics of PP m/u reflect external load of PAV m/n, the dynamics of the PP m/u :PAV m ratio in the tributaries and the progression of in-lake PAV m loss processes
13 Specifications for modeling PP m/u well-mixed upper waters targeted (epilimnion) linear dependency of PP m on PAV m described by Effler et al. (214), conceptual consistency partitioning of PP m according to size class contributions PP m from tributary inputs of PP according to: PP m = PP (ISPM:SPM); ISPM:SPM generally >.9 PP m subject to temporal variability in tributary inputs according to variations in the PP m :PAV m ratio tributary loads of PP m from PAV m load estimates PP m load = PAV m load (PP m :PAV m ) PP m/u loads incorporate tributary-specific bioavailability results PP m/u load = (1-f BAP ) PP m load supported by rapidity of the transformation in-lake behavior of PP m/u equivalent to that of the PAV m with which it is associated f f BAP,t :f BAP,t BAP f BAP Biossay Progression (d) f BAP = fraction bioavailable for completed bioassay f BAP,t = fraction bioavailable through progression of bioassay 13
14 ISPM:SPM Considerations for modeling PP m/u : Tributary conditions and loads of minerogenic particles positive dependencies of particle concentration (ISPM), and the minerogenic component on stream flow (Q) implications of runoff events dominance of minerogenic particles glacial lacustrine stream deposits (Nagle et al. 27) ISPM (mg/l) PAV m (m -1 ) ISPM ISPM:SPM origins of variance in dependencies e.g., character of stream banks Q (m 3 /s) Fall Creek examples 14
15 Consideration for modeling 1 PP m/u : Tributary y = 4.3x 3.7 conditions, dependence of PP on PAV m strong positive dependence of PP in streams on PAV m most of PP is as PP m/u the P content of clay mineral particles delivered T n PP ( g/l) Fall Creek linear fit (b) PAV m (m 1 ) Salmon Creek 3 linear fit y = 6.62x 38.6 R 2 =.99 (int. sig.) R 2 =.96 (int. not sig.) 2 3 associated with PAV m during a runoff event large quantities of PAV m and associated P (PP m ) are delivered PAV m (m 1 ) Fig. 4c from Peng and Effler 215 (c) 15
16 Specifications for modeling PP m/u : Tributary conditions and loads temporal patterns runoff events dominate sediment loading to the lake PAV m load Q (m 3 /s) PP m/u (kg) (1 6 m 2 ) FC PAV m Inlet PAV m FC PP m/u Inlet PP m/u FC PP m A M J J A S O Apr May Jun Jul Aug Sep Oct 213 Fall Cr. Q time series 213, prominent runoff events cumulative format for PAV m and PP m/u loads early July and August runoff events dominate 16
17 PP:TP Specifications for modeling PP m/u : Tributary conditions and loads positive dependencies on stream flow (Q)-PP, PP:TP, PP:PAV m PP (mg/l) PP:PAV m (mg/m 2 ) PP PP:TP Fall Cr. examples PP m :PAV m ratio supports estiamtes of PP m (and PP m/u ) loads from PAV m loads negative, but variable dependency on Q 17 Q (m 3 /s)
18 Q (m 3 /s) Specifications for modeling PP m/u : Tributary conditions and loads temporal patterns 18 PP m/u :PAV m (mg/m 2 ) PP m/u (kg) example for Fall Cr, PP m/u :PAV m and Q cumulative formats for PP m/u load and the ratio PP m/u :PAV m (mg/m 2 ) PP m/u :PAV m Q FC PP m/u Inlet PP m/u FC PP m Apr May Jun Jul Aug Sep Oct 213 FC Inlet PP m/u :PAV m highly variable, negative dependency on Q dominance of runoff events for PP m/u loads PP m loads just slightly higher, consistent with low f BAP cumulative change for ratio will drive changes in-lake relationship
19 Outline 1. background, supporting elements, and an empirical PP m/u model 2. conceptual mechanistic PP m/u model, input considerations and development 3. model performance 4. model analyses 5. applicability, advancements, and summary 19
20 Mechanistic dynamic PP m/u model performance: Targeted attributes for testing tests of consistency extent of closure with prediction of independently tested empirical PP model in-lake PP m/u :PAV m ratio in-lake PP m/u PP m/u with historic TP and PP shelf observations, following runoff events predicted PP m/u deposition on shelf from runoff event inputs with sediment trap observations 2
21 Mechanistic dynamic PP m/u model performance: Lake PP m/u :PAV m ratio vs. empirical model value predictions of in-lake PP m/u :PAV m ratio only minor shelf vs. pelagic differences averages (shelf 8. mg/m 2 ; pelagic 7.4 mg/m 2 ) closed well with single empirical model value (7.1 mg/m 2 ; Effler et al. 214) PP m/u :PAV m (mg/m 2 ) shelf pelagic empirical model Apr May Jun Jul Aug Sep Oct 213 in-lake variations (cv=.22) driven by tributary variations (cv=.46) tributary dynamics linked to variations in Q 21
22 Mechanistic dynamic PP m/u model performance: Comparison of PP m/u predictions, mechanistic vs empirical models comparisons for both the shelf and pelagic waters predictions for 213, with Fall Cr. Q for runoff event context empirical model predictions limited to sampling occurrences reasonably strong relationships shelf vs pelagic different scaling magnitudes consistent overall Q (m 3 /s) PP m/u (µg/l) 1 (a) shelf pelagic Apr May Jun Jul Aug Sep Oct
23 Mechanistic PP m/u model performance: Consistency with historic TP and PP observations following runoff events identifying runoff events from LSC monitoring record same runoff events considered for PAV m (sub)model Table 2 (Gelda et al. 215b) signatures of increased PP m expected on shelf following runoff events 23
24 The complications of turbidity plumes on the shelf following major runoff events issue for PP m/u model evaluation as with the PAV m model 24
25 The complications of turbidity plumes on the shelf following major runoff events issue for PP m/u model evaluation as with the PAV m model 25
26 Mechanistic PP m/u model performance: Consistency with historic TP and PP observations following runoff events variations is predicted PP m/u for long-term ( ) simulations performed reasonably well in explaining observed differences for historic events recall this is an imperfect match of P fractions performance improves somewhat with representation of the effects of PP o (phytoplankton biomass) variation also TP obs (µg/l) PP obs (µg/l) PP obs (µg/l) I =.77 S = r ² = I =.83 S =.33 r ² = PP m/u (µg/l) I = 57 S =.49 r ² = numbers correspond to the various historic runoff events listed in previous table (Table 2, Gelda et al. 215b) PP 1.53 = (PP o :Chl) Chl Effler et al. (214) 26 PP m/u + PP o (µg/l)
27 Consistent mechanistic PP m/u model performance for local deposition from runoff events comparison of simulations of deposition of PP m/u (i.e., associated with PAV m ) with sediment traps observations of PP downward flux simulations and observations both elevated for major runoff events semi-quantitative support, given the variable operation and trajectories of turbid plumes Q (m 3 /s) DF PP (mg/m 2 /d) 1 (a) Fall Creek (b) Site 2 predicted PP m/u 4 deposition 2 traps May Jun Jul Aug DF PP downward flux of PP 27
28 Consistency of the mechanistic and empirical models in representing contributions of PP m/u and PP o to PP for shelf vs pelagic waters recall, Chl-a (e.g., phytoplankton biomass) not significantly different on shelf vs pelagic waters recall PP = PP o + PP m both models higher PP m/u values on shelf vs pelagic greater variability on shelf median values shelf vs pelagic waters, contributions of PP m/u 2 vs 11%, mechanistic 16 vs 8%, empirical reasonably good closure % Contribution to PP shelf PP o pelagic empirical model PP m/u PP o comparisons mechanistic model PP m/u PP m/u much greater, and PP o much smaller contributions on the shelf for the extremes of runoff events Key: 95 th percentile 9 th percentile 75 th percentile mean median 25 th percentile 1 th percentile 5 th percentile 28
29 Outline 1. background, supporting elements, and an empirical PP m/u model 2. conceptual mechanistic PP m/u model, input considerations and development 3. model performance 4. model analyses 5. applicability, advancements, and summary 29
30 Analyses with the tested PP m/u model: Dependence of shelf response on runoff event magnitude, PP m/u vs. Q peaks 3 Fall Cr. peak Q for the earlier ( ) runoff events corresponding predicted peak PP m/u at Site 2 on shelf strong positive dependency of PP m/u on event magnitude sources of variance in the relationship-variations in ambient mixing, limitations in peak Q defining external PP m/u loads Q (m 3 /s) Max. PP m/u (µg/l) examples Apr May Jun Jul Aug Sep Oct Fall Cr. Peak Q (m 3 /s)
31 Analyses with the tested PP m/u model: Interannual variations in predicted PP m/u explains much of the interannual and spatial variations in TP total P (TP) concentration is a trophic state metric, guidance value of 2 µg/l as summer average, in NY PP m/u variations important in regulating interannual and shelf vs pelagic differences in TP PP m/u lower at pelagic site each year interannual differences in PP m/u between sites explained much of the year-to-year differences in TP (45%) these interannual differences in PP m/u explain 47% of the year-to-year differences in TP at both sites P (µg/l) s TDP PP o PP m/u TP limit p PP m/u based on mechanistic model predictions 31
32 Analyses with the tested PP m/u model: Interannual variations in day counts of elevated concentrations on the shelf multiple PP m/u concentration thresholds chosen for Jun-Sept. interval, high flow events represented by number of days Fall Cr. Q was in the upper 1% high PP m/u concentrations coupled to runoff event occurrences major interannual variations predicted; consistency with observations timing of monitoring could be important to reported summer average and guidance value status extreme cases of high PP m/u predicted for 26 and 211 Days Days Days Days Days based on model simulations for the period upper 1% flow (a) PPm/u > 5µg/L (b) 5 PPm/u > 1µg/L (c) 5 PPm/u > 2µg/L (d) 25 5 PPm/u > 5µg/L (e)
33 Outline 1. background, supporting elements, and an empirical PP m/u model 2. conceptual mechanistic PP m/u model, input considerations and development 3. model performance 4. model analyses 5. applicability, advancements, and summary 33
34 Applicable findings from the PP m/u modeling initiative there has been a qualitative recognition of the interference of minerogenic particles for metrics of trophic state for decades the importance of these particles depicted here, relative to the application of TP, is likely broadly occurring advancements from, or value of, this PP m/u modeling improved usage of TP as a trophic state metric applicable to the numerous systems of similar setting and issues advancement of water quality models to represent this issue and effects of minerogenic particles these advancements will be necessary to address the implications of predicted features of climate change (NOAA 213) more runoff events and severity of the events 34
35 Summary P associated with minerogenic particles (e.g., PP m ) delivered from the watershed interferes with the use of TP as a trophic state metric because of its limited bioavailability a mass balance-type model for unavailable PP m (PP m/u ) has been successfully developed and tested higher PP m/u on the shelf following runoff events is predicted, that causes irregular exceedances from TP guidance value, that is uncoupled from trophic state positive features of model performance included: reasonable closure of predicted shelf and pelagic levels of PP m/u and PP m/u :PAV m with those from an independent empirical model (Effler et al. 214) consistency of predicted PP m/u shelf deposition with sediment trap observations a consistent partitioning of the PP pool between PP m/u and PP o (phytoplankton) for historic observations consistency of post-runoff event TP and PP observations with PP m/u predictions this advancement in modeling is invaluable and appropriate for large initiatives addressing the trophic state issue 35
Multidimensional Futures Rolls
Isaac Carruthers December 15, 2016 Page 1 Multidimensional Futures Rolls Calendar rolls are a characteristic feature of futures contracts. Because contracts expire at monthly or quarterly intervals, and
More informationBalance-of-Period TCC Auction
Balance-of-Period TCC Auction Proposed Credit Policy Sheri Prevratil Manager, Corporate Credit New York Independent System Operator Credit Policy Working Group May 29, 2015 2000-2015 New York Independent
More informationToonumbar Operations Plan
Toonumbar Operations Plan November 2018 waternsw.com.au Contents 1. Highlights... 3 2. Dam storage... 3 2.1 Toonumbar Dam storage... 3 3. Supplementary access... 4 3.1 Commentary... 4 4. Water availability...
More informationINSTITUTE AND FACULTY OF ACTUARIES SUMMARY
INSTITUTE AND FACULTY OF ACTUARIES SUMMARY Specimen 2019 CP2: Actuarial Modelling Paper 2 Institute and Faculty of Actuaries TQIC Reinsurance Renewal Objective The objective of this project is to use random
More informationSeasonal Factors Affecting Bank Reserves
Seasonal Factors Affecting Bank Reserves THE ABILITY and to some extent the willingness of member banks to extend credit are based on their reserve positions. The reserve position of banks as a group in
More informationTHE B E A CH TO WN S O F P ALM B EA CH
THE B E A CH TO WN S O F P ALM B EA CH C OU N T Y F LO R I D A August www.luxuryhomemarketing.com PALM BEACH TOWNS SINGLE-FAMILY HOMES LUXURY INVENTORY VS. SALES JULY Sales Luxury Benchmark Price : 7,
More informationThe Market Watch Monthly Housing Report
The Market Watch Monthly Housing Report December 2015 Prepared for the Members of PSRAR as a Member benefit Median Price $450,000 Coachella Valley Median Home Price 2002 - December 2015 $400,000 $350,000
More informationXML Publisher Balance Sheet Vision Operations (USA) Feb-02
Page:1 Apr-01 May-01 Jun-01 Jul-01 ASSETS Current Assets Cash and Short Term Investments 15,862,304 51,998,607 9,198,226 Accounts Receivable - Net of Allowance 2,560,786
More informationBusiness & Financial Services December 2017
Business & Financial Services December 217 Completed Procurement Transactions by Month 2 4 175 15 125 1 75 5 2 1 Business Days to Complete 25 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 217 Procurement
More informationLarge Commercial Rate Simplification
Large Commercial Rate Simplification Presented to: Key Account Luncheon Red Lion Hotel Presented by: Mark Haddad Assistant Director/CFO October 19, 2017 Most Important Information First There is no rate
More informationHYDROELECTRIC INCENTIVE MECHANISM
Filed: 0-0- EB-0-000 Tab Schedule Page of 0 0 HYDROELECTRIC INCENTIVE MECHANISM.0 PURPOSE This evidence provides a description of the hydroelectric incentive mechanism and presents a review of how this
More informationUse of the Risk Driver Method in Monte Carlo Simulation of a Project Schedule
Use of the Risk Driver Method in Monte Carlo Simulation of a Project Schedule Presented to the 2013 ICEAA Professional Development & Training Workshop June 18-21, 2013 David T. Hulett, Ph.D. Hulett & Associates,
More informationNYISO s Compliance Filing to Order 745: Demand Response. Wholesale Energy Markets
NYISO s Compliance Filing to Order 745: Demand Response Compensation in Organized Wholesale Energy Markets (Docket RM10-17-000) Donna Pratt NYISO Manager, Demand Response Products Market Issues Working
More informationFDD FIRM STORAGE SERVICE NORTHERN NATURAL GAS COMPANY
FDD FIRM STORAGE SERVICE NORTHERN NATURAL GAS COMPANY FIRM STORAGE SERVICE OPTIONS Northern s firm storage service is provided pursuant to the FDD Rate Schedule located in Northern s FERC Gas Tariff. The
More informationTITLE: EVALUATION OF OPTIMUM REGRET DECISIONS IN CROP SELLING 1
TITLE: EVALUATION OF OPTIMUM REGRET DECISIONS IN CROP SELLING 1 AUTHORS: Lynn Lutgen 2, Univ. of Nebraska, 217 Filley Hall, Lincoln, NE 68583-0922 Glenn A. Helmers 2, Univ. of Nebraska, 205B Filley Hall,
More informationWhen determining but for sales in a commercial damages case,
JULY/AUGUST 2010 L I T I G A T I O N S U P P O R T Choosing a Sales Forecasting Model: A Trial and Error Process By Mark G. Filler, CPA/ABV, CBA, AM, CVA When determining but for sales in a commercial
More informationPublic Sector Finances: December 2018
billion Commentary on the Public Sector Finances: December 18 January 19 Deficit continues to fall significantly in 18-19 Higher spending pushed borrowing up slightly in December, relative to the same
More informationRISK MITIGATION IN FAST TRACKING PROJECTS
Voorbeeld paper CCE certificering RISK MITIGATION IN FAST TRACKING PROJECTS Author ID # 4396 June 2002 G:\DACE\certificering\AACEI\presentation 2003 page 1 of 17 Table of Contents Abstract...3 Introduction...4
More informationCalifornia ISO Report. Regional Marginal Losses Surplus Allocation Impact Study
California ISO Report Regional Surplus Allocation Impact Study October 6, 2010 Regional Surplus Allocation Impact Study Table of Contents Executive Summary... 3 1 Issue and Background... 3 2 Study Framework...
More informationFlood Risk Management and Columbia River Treaty Review
Flood Risk Management and Columbia River Treaty 2014 2024 Review Lower Columbia River Estuary Partnership 2013 Science to Policy Summit: The Columbia River Treaty May 10, 2013 Matt Rea Treaty Review Program
More informationCalifornia ISO. Flexible Ramping Product Uncertainty Calculation and Implementation Issues. April 18, 2018
California Independent System Operator Corporation California ISO Flexible Ramping Product Uncertainty Calculation and Implementation Issues April 18, 2018 Prepared by: Kyle Westendorf, Department of Market
More information2011 Budget Initial Stakeholder Call
2011 Budget Initial Stakeholder Call Michael Epstein Director of Financial Planning June 23, 2010 Agenda TOPIC PRESENTER Introduction Steve Berberich Budget principles & strategic initiatives Steve Berberich
More informationIntegration & Aggregation in Risk Management: An Insurance Perspective
Integration & Aggregation in Risk Management: An Insurance Perspective Stephen Mildenhall Aon Re Services May 2, 2005 Overview Similarities and Differences Between Risks What is Risk? Source-Based vs.
More informationLecture 12: The Bootstrap
Lecture 12: The Bootstrap Reading: Chapter 5 STATS 202: Data mining and analysis October 20, 2017 1 / 16 Announcements Midterm is on Monday, Oct 30 Topics: chapters 1-5 and 10 of the book everything until
More informationManager Comparison Report June 28, Report Created on: July 25, 2013
Manager Comparison Report June 28, 213 Report Created on: July 25, 213 Page 1 of 14 Performance Evaluation Manager Performance Growth of $1 Cumulative Performance & Monthly s 3748 3578 348 3238 368 2898
More informationOperating Reserves Educational Session Part B
Operating Reserves Educational Session Part B Energy Market Uplift Senior Task Force September 17, 2013 Joseph Bowring Joel Romero Luna Operating Reserves Operating reserves can be grouped into five categories:
More informationISG206-SPAR REPORTING ON MAY 2018 SYSTEM PRICE ANALYSIS REPORT 1 SYSTEM PRICES AND LENGTH
Count of Settlement Periods -1+ -1 - -9-9 - -8-8 - -7-7 - -6-6 - -5-5 - -4-4 - -3-3 - -2-2 - -1-1 - - 1 1-2 2-3 3-4 4-5 5-6 6-7 7-8 8-9 9-1 1 + PUBLIC ISG26-SPAR REPORTING ON MAY 218 ISSUE 31 PUBLISHED
More informationLecture 3: Probability Distributions (cont d)
EAS31116/B9036: Statistics in Earth & Atmospheric Sciences Lecture 3: Probability Distributions (cont d) Instructor: Prof. Johnny Luo www.sci.ccny.cuny.edu/~luo Dates Topic Reading (Based on the 2 nd Edition
More informationBROAD COMMODITY INDEX
BROAD COMMODITY INDEX COMMENTARY + STRATEGY FACTS APRIL 2017 80.00% CUMULATIVE PERFORMANCE ( SINCE JANUARY 2007* ) 60.00% 40.00% 20.00% 0.00% -20.00% -40.00% -60.00% -80.00% ABCERI S&P GSCI ER BCOMM ER
More informationWhat are the Essential Features of a Good Economic Scenario Generator? AFIR Munich September 11, 2009
What are the Essential Features of a Good Economic Scenario Generator? Hal Pedersen (University of Manitoba) with Joe Fairchild (University of Kansas), Chris K. Madsen (AEGON N.V.), Richard Urbach (DFA
More information401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 1998
February 2000 Jan. 401(k) Plan Asset Allocation, Account Balances, and Loan Activity in 1998 by Jack VanDerhei, Temple University; Sarah Holden, ICI; and Carol Quick, EBRI EBRI EMPLOYEE BENEFIT RESEARCH
More informationElectric Price Outlook for Indiana High Load Factor (HLF) customers December 2016
Electric Price Outlook for Indiana High Load Factor (HLF) customers December 2016 Price projection We project our prices for High Load Factor customers to increase 4 to 6 percent in 2017 compared to 2016.
More informationHUD NSP-1 Reporting Apr 2010 Grantee Report - New Mexico State Program
HUD NSP-1 Reporting Apr 2010 Grantee Report - State Program State Program NSP-1 Grant Amount is $19,600,000 $9,355,381 (47.7%) has been committed $4,010,874 (20.5%) has been expended Grant Number HUD Region
More informationISG202-SPAR REPORTING ON JANUARY 2018 SYSTEM PRICE ANALYSIS REPORT 1 SYSTEM PRICES AND LENGTH
Count of Settlement Periods -8 - -7-7 - -6-6 - -5-5 - -4-4 - -3-3 - -2-2 - -1-1 - - 1 1-2 2-3 3-4 4-5 5-6 6-7 7-8 8-9 9-1 1 + PUBLIC ISG22-SPAR REPORTING ON JANUARY 218 ISSUE 27 PUBLISHED 2 FEBRUARY 218
More information2014 EXAMINATIONS KNOWLEDGE LEVEL PAPER 3 : MANAGEMENT INFORMATION
EXAMINATION NO. 2014 EXAMINATIONS KNOWLEDGE LEVEL PAPER 3 : MANAGEMENT INFORMATION FRIDAY 5 DECEMBER 2014 TIME ALLOWED : 3 HOURS 9.00 AM - 12.00 NOON INSTRUCTIONS: - 1. You are allowed 15 minutes reading
More informationGlacial Lakes Sanitary Sewer & Water District Utility Rate Study. Shelly Eldridge Ehlers Jeanne Vogt - Ehlers
Glacial Lakes Sanitary Sewer & Water District Utility Rate Study Shelly Eldridge Ehlers Jeanne Vogt - Ehlers 05/30/2017 1 Background What are Utility Funds Utility funds are used to pay for operations,
More informationWashington State Health Insurance Pool Treasurer s Report February 2018 Financial Review
Washington State Health Insurance Pool Treasurer s Report February 2018 Financial Review 1. 2017 Interim III Assessment Required An assessment of $8.5 M was required to adequately fund the pool until the
More informationWashington State Health Insurance Pool Treasurer s Report January 2018 Financial Review
Washington State Health Insurance Pool Treasurer s Report January 2018 Financial Review 1. 2017 Interim III Assessment Required An assessment of $8.5 M was required to adequately fund the pool until the
More informationWashington State Health Insurance Pool Treasurer s Report March 2018 Financial Review
Washington State Health Insurance Pool Treasurer s Report March 2018 Financial Review 1. 2017 Interim III Assessment Required An assessment of $8.5 M was required to adequately fund the pool until the
More informationWashington State Health Insurance Pool Treasurer s Report April 2018 Financial Review
Washington State Health Insurance Pool Treasurer s Report April 2018 Financial Review 1. 2018 Interim I Assessment Required An assessment of $7.0 M is required to adequately fund the pool until the next
More informationWashington State Health Insurance Pool Treasurer s Report September 2018 Financial Review
Washington State Health Insurance Pool Treasurer s Report September 2018 Financial Review 1. 2018 Interim III Assessment Required An assessment of $8.5 M was required to adequately fund the pool until
More informationThe Effects of Liquidity and Capital Controls
International Financial Integration The Effects of Liquidity and Capital Controls Sergio Schmukler World Bank (joint with Eduardo Levy Yeyati and Neeltje Van Horen) 2nd Research Meeting of the NIPFP-DEA
More informationMeasuring and Interpreting core inflation: evidence from Italy
11 th Measuring and Interpreting core inflation: evidence from Italy Biggeri L*., Laureti T and Polidoro F*. *Italian National Statistical Institute (Istat), Rome, Italy; University of Naples Parthenope,
More informationMonograph. Competitive Intelligence An Insurance Policy for Pricing Kathryn A. Walker, FCAS, MAAA, CPCU ABOUT THE AUTHOR KEY POINT
Commitment Beyond Numbers Monograph pinnacleactuaries.com ABOUT THE AUTHOR Kathryn A. Walker FCAS, MAAA, CPCU Katey Walker is a Consulting Actuary with Pinnacle Actuarial Resources, Inc. in the firm s
More informationUpdates & Milestones re: Peak Demand Reduction. EEAC Consultants (with PA contributions) (Revised, 3/13/17)
Updates & Milestones re: Peak Demand Reduction EEAC Consultants (with PA contributions) (Revised, 3/13/17) Key Work Streams in 2016-2018 Following the Analytical Framework Cost-Effectiveness Framework
More informationWashington State Health Insurance Pool Treasurer s Report January 2017 Financial Review
Washington State Health Insurance Pool Treasurer s Report January 2017 Financial Review 1. 2016 Interim III Assessment Required An assessment of $8.5 M is required to adequately fund the pool until the
More informationAPPENDIX G FUNDING APPENDIX A APPENDIX B APPENDIX C APPENDIX D APPENDIX E APPENDIX F APPENDIX G FUNDING SEDIMENT ANALYSIS CRYSTAL BALL ANALYSIS
APPENDIX A WAVE & SEDIMENT MODELS APPENDIX B SEDIMENT ANALYSIS APPENDIX G FUNDING APPENDIX C CRYSTAL BALL ANALYSIS APPENDIX D SBEACH ANALYSIS APPENDIX E GENESIS ANALYSIS APPENDIX F PREFERRED ALTERNATIVE
More informationCredit Suisse Swiss Pension Fund Index Q2 2017
Credit Suisse Swiss Pension Fund Index Q2 217 YTD 217: 3.94% Q2 217: 1.15% Positive second quarter, with slowdown in June Significant positive contribution from Swiss equities in reporting quarter Sharp
More informationCalifornia ISO October 1, 2002 Market Design Elements
California October 1, 2002 Market Design Elements California Board of Governors Meeting April 25, 2002 Presented by Keith Casey Manager of Market Analysis and Mitigation Department of Market Analysis 1
More informationKensington Analytics LLC. Convertible Income Strategy
Kensington Analytics LLC Convertible Income Strategy Investment Process About Convertible Bonds Coupon income tends to instill some level of downside price resilience on convertible bond prices. This explains
More information15 Years of the Russell 2000 Buy Write
15 Years of the Russell 2000 Buy Write September 15, 2011 Nikunj Kapadia 1 and Edward Szado 2, CFA CISDM gratefully acknowledges research support provided by the Options Industry Council. Research results,
More informationWashington State Health Insurance Pool Treasurer s Report August 2017 Financial Review
Washington State Health Insurance Pool Treasurer s Report August 2017 Financial Review 1. 2017 Interim I Assessment Required An assessment of $9.5 M was required to adequately fund the pool until the next
More informationA Multi-perspective Assessment of Implied Volatility. Using S&P 100 and NASDAQ Index Options. The Leonard N. Stern School of Business
A Multi-perspective Assessment of Implied Volatility Using S&P 100 and NASDAQ Index Options The Leonard N. Stern School of Business Glucksman Institute for Research in Securities Markets Faculty Advisor:
More informationCPA Australia Plan Your Own Enterprise Competition
Financial Plan Your financial plan should include: 1. A list of Start-Up Costs and how these will be paid for (eg from savings, bank loan or family loan) 2. A Breakeven Analysis, which includes: a list
More informationWashington State Health Insurance Pool Treasurer s Report December 2017 Financial Review
Washington State Health Insurance Pool Treasurer s Report December 2017 Financial Review 1. 2017 Interim III Assessment Required An assessment of $8.5 M is required to adequately fund the pool until the
More informationComparing Estimates of Family Income in the Panel Study of Income Dynamics and the March Current Population Survey,
Technical Series Paper #10-01 Comparing Estimates of Family Income in the Panel Study of Income Dynamics and the March Current Population Survey, 1968-2007 Elena Gouskova, Patricia Andreski, and Robert
More informationImpact Evaluation of 2014 San Diego Gas & Electric Home Energy Reports Program (Final Report)
Impact Evaluation of 2014 San Diego Gas & Electric Home Energy Reports Program (Final Report) California Public Utilities Commission Date: 04/01/2016 CALMAC Study ID LEGAL NOTICE This report was prepared
More informationUCRP and GEP Quarterly Investment Risk Report
UCRP and GEP Quarterly Investment Risk Report Quarter ending June 2011 Committee on Investments/ Investment Advisory Group September 14, 2011 Contents UCRP Asset allocation history 5 17 What are the fund
More informationANALYSIS MODEL OF THE CAPITAL MARKET IN ROMANIA
Dimitrie Cantemir Christian University Knowledge Horizons - Economics Volume 7, No. 3, pp. 65 73 P-ISSN: 2069-0932, E-ISSN: 2066-1061 2015 Pro Universitaria www.orizonturi.ucdc.ro ANALYSIS MODEL OF THE
More informationESTIMATING ECONOMIC BENEFITS OF ALLOWING A FLEXIBLE WINDOW FOR MARYLAND PURCHASES OF SPONGE CRABS
ESTIMATING ECONOMIC BENEFITS OF ALLOWING A FLEXIBLE WINDOW FOR MARYLAND PURCHASES OF SPONGE CRABS Douglas Lipton Department of Agricultural & Resource Economics & Maryland Sea Grant Extension Program University
More informationHOPE NOW. Snapshot Industry Extrapolations and HAMP Metrics
Snapshot Industry Extrapolations and HAMP Metrics Three Month Q2-215 Q3-215 Q4-215 Q1-216 Q2-216 Jun-16 Jul-16 Aug-16 Total Completed Modifications 119,658 97,773 84,798 86,167 1,198 41,872 34,815 36,6
More informationTuesday, 25 November Annual General Meeting
Tuesday, 25 November 20 20 Annual General Meeting Disclaimer and Important Notice This presentation contains forward looking statements that are subject to risk factors associated with an underground mining
More informationRepo Market and Market Repo Rate as a Collateralized Benchmark Rate 1
Repo Market and Market Repo Rate as a Collateralized Benchmark Rate 1 Golaka C Nath 2 1. Introduction 2. Repo Market Structure Collateralized markets have grown significantly over the years and surpassed
More informationInternet Appendix to Credit Ratings and the Cost of Municipal Financing 1
Internet Appendix to Credit Ratings and the Cost of Municipal Financing 1 April 30, 2017 This Internet Appendix contains analyses omitted from the body of the paper to conserve space. Table A.1 displays
More informationGas storage: overview and static valuation
In this first article of the new gas storage segment of the Masterclass series, John Breslin, Les Clewlow, Tobias Elbert, Calvin Kwok and Chris Strickland provide an illustration of how the four most common
More informationIntegrated Cost Schedule Risk Analysis Using the Risk Driver Approach
Integrated Cost Schedule Risk Analysis Using the Risk Driver Approach David T. Hulett, Ph.D. Hulett & Associates 24rd Annual International IPM Conference Bethesda, Maryland 29 31 October 2012 (C) 2012
More informationALLL and the New Estimate of Loan Losses
ALLL and the New Estimate of Loan Losses An update on the proposed impairment model and improving the measurement of credit losses MICH ARATEN, MANAGING DIRECTOR, CREDIT RISK CAPITAL ADVISORY CHRIS HENKEL,
More informationDraft Technical Note Using the CCA Framework to Estimate Potential Losses and Implicit Government Guarantees to U.S. Banks
Draft Technical Note Using the CCA Framework to Estimate Potential Losses and Implicit Government Guarantees to U.S. Banks By Dale Gray and Andy Jobst (MCM, IMF) October 25, 2 This note uses the contingent
More informationCredit Suisse Swiss Pension Fund Index Q1 2017
Credit Suisse Swiss Pension Fund Index Q1 217 YTD 217: 2.76% Q1 217: 2.76% Credit Suisse Pension Fund Index starts year at all-time high Allocation to foreign equities at all-time high; allocation to Swiss
More informationSubject: Upper Merrimack and Pemigewasset River Study Task 9 - Water Supply Evaluation
Memorandum To: From: Barbara Blumeris, USACE Ginger Croom and Kirk Westphal, CDM Date: April 14, 2008 Subject: Upper Merrimack and Pemigewasset River Study Task 9 - Water Supply Evaluation Executive Summary
More informationCharacterization of the Optimum
ECO 317 Economics of Uncertainty Fall Term 2009 Notes for lectures 5. Portfolio Allocation with One Riskless, One Risky Asset Characterization of the Optimum Consider a risk-averse, expected-utility-maximizing
More informationProject Assessment Exercise
Project Assessment Exercise www.spmbook.com We have been assigned the task of assessing the project status of a project, whose Gantt chart is presented in Illustration 1, where: 1. we are currently at
More informationIllinois Job Index Note: BLS revised its estimates for the number of jobs and seasonal adjustment method at the beginning of 2010.
Illinois Job Index Release Data Issue 4/21/2010 Jan 1990 / Mar 2010 Note: BLS revised its estimates for the number of jobs and seasonal adjustment method at the beginning of 2010. For April Illinois Job
More informationExplaining Consumption Excess Sensitivity with Near-Rationality:
Explaining Consumption Excess Sensitivity with Near-Rationality: Evidence from Large Predetermined Payments Lorenz Kueng Northwestern University and NBER Motivation: understanding consumption is important
More informationThe ECB Survey of Professional Forecasters (SPF) Third quarter of 2016
The ECB Survey of Professional Forecasters (SPF) Third quarter of 2016 July 2016 Contents 1 Inflation expectations revised slightly down for 2017 and 2018 3 2 Longer-term inflation expectations unchanged
More informationOn Investment Decisions in Liberalized Electrcity Markets: The Impact of Spot Market Design
On Investment Decisions in Liberalized Electrcity Markets: The Impact of Spot Market Design Gregor Zöttl, University of Munich, Cambridge, November 17, 2008 Wholesale Prices for Electricity, Germany (EEX)
More informationAuctioning German Auctioning of Emission Allowances Periodical Report: Annual Report 2015
Auctioning German Auctioning of Emission Allowances Impressum Publisher German Emissions Trading Authority (DEHSt) at the German Environment Agency Bismarckplatz 1 D-14193 Berlin Phone: +49 (0) 30 89 03-50
More informationNumerical Descriptions of Data
Numerical Descriptions of Data Measures of Center Mean x = x i n Excel: = average ( ) Weighted mean x = (x i w i ) w i x = data values x i = i th data value w i = weight of the i th data value Median =
More informationElectric Price Outlook for Indiana Low Load Factor (LLF) customers December 2016
Electric Price Outlook for Indiana Low Load Factor (LLF) customers December 2016 Price projection We project our prices for Low Load Factor customers to increase 4 to 6 percent in 2017 compared to 2016.
More informationMANAGED FUTURES INDEX
MANAGED FUTURES INDEX COMMENTARY + STRATEGY FACTS JUNE 2018 CUMULATIVE PERFORMANCE ( SINCE JANUARY 2007* ) 120.00% 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% AMFERI BARCLAY BTOP50 CTA INDEX S&P 500 S&P
More informationSaskEnergy Commodity Rate 2011 Review and Natural Gas Market Update
SaskEnergy Commodity Rate 2011 Review and Natural Gas Market Update The following is a discussion of how SaskEnergy sets its commodity rate, the status of the natural gas marketplace and the Corporation
More informationMANAGED FUTURES INDEX
MANAGED FUTURES INDEX COMMENTARY + STRATEGY FACTS JANUARY 2019 CUMULATIVE PERFORMANCE ( SINCE JANUARY 2007* ) 140.00% 120.00% 100.00% 80.00% 60.00% 40.00% 20.00% 0.00% AMFERI BARCLAY BTOP50 CTA INDEX S&P
More informationProject 1: Double Pendulum
Final Projects Introduction to Numerical Analysis II http://www.math.ucsb.edu/ atzberg/winter2009numericalanalysis/index.html Professor: Paul J. Atzberger Due: Friday, March 20th Turn in to TA s Mailbox:
More informationComprehensive Monthly Financial Report July 2013
Comprehensive Monthly Financial Report July 2013 MONTHLY FINANCIAL REPORT PERFORMANCE AT A GLANCE ALL FUNDS SUMMARY GENERAL FUND REV VS EXP PROPERTY TAXES SALES TAXES FRANCHISE FEES UTILITY FUND REV VS
More informationALM for Employee benefit funds are we doing enough?
ALM for Employee benefit funds are we doing enough? Khushwant Pahwa, FIAI, FIA Founder and Consulting Actuary KPAC (Actuaries and Consultants) www.kpac.co.in +91-9910267727 k.pahwa@kpac.co.in Agenda Introduction
More informationCHAPTER-3 DETRENDED FLUCTUATION ANALYSIS OF FINANCIAL TIME SERIES
41 CHAPTER-3 DETRENDED FLUCTUATION ANALYSIS OF FINANCIAL TIME SERIES 4 3.1 Introduction Detrended Fluctuation Analysis (DFA) has been established as an important tool for the detection of long range autocorrelations
More informationUnblinded Sample Size Re-Estimation in Bioequivalence Trials with Small Samples. Sam Hsiao, Cytel Lingyun Liu, Cytel Romeo Maciuca, Genentech
Unblinded Sample Size Re-Estimation in Bioequivalence Trials with Small Samples Sam Hsiao, Cytel Lingyun Liu, Cytel Romeo Maciuca, Genentech Goal Describe simple adjustment to CHW method (Cui, Hung, Wang
More informationExploring the Formation of Inflation Expectations in Jamaica: A Pragmatic Approach
Exploring the Formation of Inflation Expectations in Jamaica: A Pragmatic Approach Presented at he 46 th Annual Monetary Studies Conference By: Ralston Henry Table of Contents Motivation Stylized Facts
More informationOnline Appendix to. The Structure of Information Release and the Factor Structure of Returns
Online Appendix to The Structure of Information Release and the Factor Structure of Returns Thomas Gilbert, Christopher Hrdlicka, Avraham Kamara 1 February 2017 In this online appendix, we present supplementary
More informationComputershare Limited Annual General Meeting
MARKET ANNOUNCEMENT Computershare Limited ABN 71 005 485 825 Yarra Falls, 452 Johnston Street Abbotsford Victoria 3067 Australia PO Box 103 Abbotsford Victoria 3067 Australia Telephone 61 3 9415 5000 Facsimile
More informationReview of Membership Developments
RIPE Network Coordination Centre Review of Membership Developments 7 October 2009/ GM / Lisbon http://www.ripe.net 1 Applications development RIPE Network Coordination Centre 140 120 100 80 60 2007 2008
More informationHistorical Pricing PJM COMED, Around the Clock. Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22
$50 Historical Pricing PJM COMED, Around the Clock $48 $46 $44 $42 $40 $38 $36 $34 $32 $30 $28 $26 Cal '15 Cal '16 Cal '17 Cal '18 Cal '19 Cal '20 Cal '21 Cal '22 The information presented above was gathered
More informationManagement Comments. February 12, 2015
Management Comments February 12, 2015 Average Bill, Not Average Cost of Service Court Rich: according to this Exhibit 6, 62.4 percent of the people in E-23 are paying less than the average cost of service,
More informationECO220Y, Term Test #2
ECO220Y, Term Test #2 December 4, 2015, 9:10 11:00 am U of T e-mail: @mail.utoronto.ca Surname (last name): Given name (first name): UTORID: (e.g. lihao8) Instructions: You have 110 minutes. Keep these
More informationClimate change and flood frequency: The critical roles of process and seasonality
Climate change and flood frequency: The critical roles of process and seasonality Deborah Lawrence Norwegian Water Resources and Energy Directorate HydroPredict 2012, Vienna, 24 27 September Climate Change
More informationComparing Estimates of Family Income in the PSID and the March Current Population Survey,
Technical Series Paper #07-01 Comparing Estimates of Family Income in the PSID and the March Current Population Survey, 1968-2005 Elena Gouskova and Robert Schoeni Survey Research Center Institute for
More informationEconomics 883: The Basic Diffusive Model, Jumps, Variance Measures. George Tauchen. Economics 883FS Spring 2015
Economics 883: The Basic Diffusive Model, Jumps, Variance Measures George Tauchen Economics 883FS Spring 2015 Main Points 1. The Continuous Time Model, Theory and Simulation 2. Observed Data, Plotting
More informationSample Report PERFORMANCE REPORT I YOUR FUND
Produced on //28 Data as of 6/3/28 PERFORMANCE REPORT I 5 East 57 th Street, Floor, New York, NY 22 Tel (22) 248-532 Fax (646) 45-884 7 Seventh Avenue, Suite 2, Seattle, WA 98 Tel (26) 47-254 Fax (26)
More informationFOR RELEASE: 10:00 A.M. (BRUSSELS TIME), MONDAY, SEPTEMBER 27, 2010
FOR RELEASE: 10:00 A.M. (BRUSSELS TIME), MONDAY, SEPTEMBER 27, 2010 The Conference Board Euro Area Business Cycle Indicators SM THE CONFERENCE BOARD LEADING ECONOMIC INDEX (LEI) FOR THE EURO AREA AND RELATED
More informationA Top-Down Approach to Understanding Uncertainty in Loss Ratio Estimation
A Top-Down Approach to Understanding Uncertainty in Loss Ratio Estimation by Alice Underwood and Jian-An Zhu ABSTRACT In this paper we define a specific measure of error in the estimation of loss ratios;
More information