Henry Wang. Mr. Barclay. American Lit . Feb 15, 2017. The

Henry Wang Mr. Barclay American Lit Feb 15, 2017 The American Dream In The Great Gatsby The Great Gatsby was written in the year 1925 by F. Scott Fitzgerald after a shocking event happened not long ago, the World War I. In the novel, the main character Jay Gatsby who was around thirty years old worked his to from a impoverished childhood to one of the richest people in New York City and well known in Wall Street. The book tells us a story of the love between Gatsby and a woman, who is a cousin of Nick Carraway, Daisy. However, the theme of the novel is clearly not about romantic between two individuals but a much larger, non romantic scope. Though all of its actions took place over a mere few months during the summer of 1922 and is†¦show more content†¦They belong to two totally different worlds under that condition of America when people all pursue money and material content. So their love is somehow unrealistic. When the war happens he goes to the army and comes back to find Daisy has married somebody else, a man named Tom Buchanan. Gatsby believes that Dai sy a perfect girl who is his true lover. He falls into great agony because he lost Daisy and he thinks they didn’t get married just because he is not rich enough, which is not true. So he tries his best to realize his American Dream, to earn a lot of money and win the love of the girl. So that they will live a happy life forever. However, despite hard work, Gatsby makes his money illegally by selling booze during an era of prohibition in America. From Gatsby’s point of view, his dream of loving Daisy is ruined by the difference in their family s financial situation, so he decides to do some â€Å"businesses† to get enough money in order to impress Daisy and match her family’s wealth. To some degree, he did it. He gets the money he needs and then by building up a large mansion and holding hilarious sizes and number of parties every week, he eventually successfully attracts Daisy’s attention. Daisy comes back to him, dating with him again. Gatsby is so glad that he can have a life that he always wanted with daisy. But in fact, this is all his illusions. In fact, Daisy is not Gatsby’s American Dream. She is just a woman who only having

Pain and Anxiety with Dizziness and Falls in Older People

Pain and Anxiety with Dizziness and Falls in Older People The risk of falling dramatically increases as one ages. According to Menant et al, a fall is defined as an â€Å"unexpected event in which the person comes to the ground, floor, or lower level†. In this study conducted by Menant et al, Menant and the authors wanted to identify medical, psychological, and physiological mediators of the relationship between dizziness and falls in older adults. Dizziness is a complaint that tends to increase as a person ages, which can be said about the incidence of falls. According to Menant et al, dizziness symptoms can be debilitating and lead to poorer quality of life, self-reported functional disability, poor health, depression, less falls self-efficacy, and restricted participation of social activities. Multiple studies have reported that dizziness can be a result from both medical and psychological factors. The study was performed on 526 older people who were randomly selected to a dizzy and non-dizzy group from a previous cohort study in eastern Sydney, Australia. Each participant had to meet certain criteria and sign informed consent prior to partaking in this study. Participants were assessed through questionnaires assessments with certain criteria in areas of dizziness, health status and physical activity levels, cardiovascular, psychological, neuromuscular function and balance assessment, and falls follow-up procedures. According to the results of the study, evidence showedShow MoreRelatedPain and Anxiety Associated with Falls in the Elderly684 Words   |  3 PagesPain and Anxiety Associated with Falls in the Elderly The risk of falling dramatically increases as one ages. According to Menant et al, a fall is defined as an â€Å"unexpected event in which the person comes to the ground, floor, or lower level†. 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Capital Market Efficiency free essay sample

There are three types of market efficiency: O  Ã‚  Ã‚  Ã‚  Ã‚   when prices are determined in a way that equates the marginal rates of return (adjusted for risk) for all producers and savers, market is said to be allocationally efficient; O  Ã‚  Ã‚  Ã‚  Ã‚   when the cost of transfering funds is â€Å"reasonable†, market is said to be operationally efficient; O  Ã‚  Ã‚  Ã‚  Ã‚   when prices fully reflect all available information, market is said to be informationally efficient. Bachelier (1900): In the opening paragraph of his dissertation paper, he recognise that: â€Å"past, present and even discounted future events are reflected in market price, but often show no apparent relation to price changes†. Samuelson (1965): In his article, â€Å"Proof that properly anticipated prices fluctuate randomly†, he asserted that: â€Å"†¦competitive prices must display price changes†¦that perform a random walk with no predictable bias. † Therefore, price changes must be unforcastable if they are properly anticipated. Jensen (1978): says that prices reflect information up to the point where the marginal benefits of acting on the information (the expected profits to be made) do not exceed the marginal costs of collecting it. We will write a custom essay sample on Capital Market Efficiency or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Malkiel (1992): offered the following definition: â€Å"A capital market is said to be efficient if it fully and correctly reflects all relevant information in determining security prices. Formally, the market is said to be efficient with respect to some information set†¦if security price would be unaffected by revealing that information to all participants. Moreover, efficiency with respect to an informational set †¦implies that it is impossible to make economic profits by trading on the basis of (that informational set). † Lo and MacKinlay (1999): say: â€Å"†¦the Efficient Markets Hypothesis, by itself, is not a well-defined and empirically refutable hypothesis. To make it operational, one must specify additional structure, e. g. , investors’ preferences, information structure, business conditions, etc. But then a test of the Efficient Markets Hypothesis becomes a test of several auxiliary hypotheses as well, and a rejection of such a joint hypothesis tells us little about which aspect of the joint hypothesis is inconsistent with the data. † The â€Å"Bad Model† problem: Efficiency per se is not testable. It must be tested jointly with some model of equilibrium. When we find anomalus evidence on behavior of returns, the way it should be split between market inefficiency or a bad model of market equilibrium is ambiguous (Fama-1991) Tests of market efficiency: one must specify the information set used; * one must specify a model of normal returns (the classic assumpion is that normal returns are constant over time); * abnormal returns are computed as difference between the return on a security and its normal return, and forcast of the abnormal return are constructed using the chosen information set. If abnormal return is unforcastable, and in this sense â€Å"random†, then the hypothesis of market efficiency is not rejected. Tests of market efficiency – Weak-form tests The question is: How well do past returns predict future returns? The main assumption is that there should be no pattern in the time series of returns. Three theories of time series behaviour of prices can be found in the literature: * the fair-game model; * the martingale or submartingale model; * the random walk model. * Tests of market efficiency – Weak-form tests * The martingale model * Is also a fair game, where tomorrow’s price is expected to be the same as today (the expected return is zero).