Search results for " coin"
showing 10 items of 145 documents
The quality of life of residents of a satellite degraded city district as part of urban development policy
2017
The purpose of this article is to assess the quality of life of the residents of a degraded satellite area of a city. It is considered in the context of urban development policy – as the result of decisions and as a challenge for long-term development. The research was based on a case study, which is the district of Opole referred to as Metalchem. It is characterized by an isolated location in the city structure as well as economic transformations. The study was based primarily on an analysis of source materials and results of a survey. The results show that the assessment of the quality of life is inconsistent. The living conditions are good, but satisfactory fulfilment of social needs is …
- EL EFECTO FISHER Y LA PARIDAD DE INTERÉS REAL. EVIDENCIA PARA LA ECONOMÍA ESPAÑOLA
1999
This paper provides an empirical test of the Fisher effect and of the real interest parity. The objetive is to determinate the behavior of the ex-ante real interest that condicionate the intertemporal savings and investment decisions. The method used is the time series properties of the data, which allows to separate estimation of the long-run equilibrium relationship from the nuisance parameters that characterize the short-run dynamics. The results find support inthe long run for a tax-adjusted Fisher hypothesis but not for the real interest parity. En este trabajo se contrasta empíricamente el cumplimiento de la hipótesis de Fisher y de la paridad de interés real para el caso español. El …
A note on nonlinear dynamics in the Spanish term structure of interest rates
2006
Abstract This note applies the methodology to test for threshold cointegration recently proposed by Hansen and Seo (2002) [Hansen, B. E. & Seo, B., (2002). Testing for two-regime threshold cointegration in vector error-correction models. Journal of Econometrics, 110, 293–318] to the Spanish term structure of interest rates during the period 1980:1–2002:12. The evidence suggests that nonlinear cointegration between long and short interest rates is clearly rejected, so that a linear cointegration model would provide an adequate empirical description for the Spanish term structure of interest rate.
Nonlinear dynamics of interest rate and inflation
2004
According to several empirical studies, US inflation and nominal interest rates, as well as the real interest rate, can be described as unit root processes. These results imply that nominal interest rates and expected inflation do not move one-for-one in the long run, which is not consistent with the theoretical models. In this paper we introduce a nonlinear bivariate mixture autoregressive model that seems to fit quarterly US data (1952 Q1 – 2000 Q2) reasonably well. It is found that the three-month treasury bill rate and inflation share a common nonlinear component that explains a large part of their persistence. The real interest rate is devoid of this component, indicating one-for-one m…
The Euro-Dollar Exchange Rate: Is it Fundamental?
2002
In this paper we have applied two approaches to the study of the dollar real exchange rate in relation with the Euro-area currencies. First, using dynamic panel techniques, we estimate an error correction model for the dollar real exchange rate versus seven developed countries, four of them Euro-area members. Second, we aggregate the European variables and estimate a model for the Euro-dollar real exchange rate using time series techniques. After identification and model selection, the same specification can be adopted in the two cases, in an eclectic model including real interest rate and productivity differentials, together with relative fiscal policy and net foreign asset positions. This…
Shoah y Spielberg: 25 años de un modelo narrativo para contar el Holocausto
2020
La lista de Schindler representó un punto de inflexión en la narrativa sobre el Holocausto. A pesar de que fue bien recibida por crítica y público, algo nada habitual en la trayectoria de un Steven Spielberg al que se tildaba de autor infantil y bueno sólo como realizador de cine de aventuras, la película no lo fue tanto en los círculos intelectuales judíos. La crítica negativa a la fábula cruel pero esperanzada de Spielberg fue ejercida especialmente por el director de otra de las propuestas cinematográficas que desde el extremo opuesto formalmente, también sentó referencia en el género: Claude Lanzmann y su monumental Shoah. Ahora, un cuarto de siglo después, queremos analizar en este art…
Les monnaies gauloises et romaines de l'oppidum de Bibracte
2007
Over a century of coin finds at Bibracte, between 1868 and 2000, makes this site a major reference point for Celtic numismatics. The Catalogue raisonné of 2471 Gaulish coins and 478 Roman coins gives us an insight into the circulation of coins / coinage in this oppidum after the Roman Conquest and an idea of the level of coin usage in the Gaulish economy. The progressive emergence of coin types in archaeological contexts shows on the one hand a constant use of coins from La Tène D1, (end of the 2nd century BC), an exponential increase in the volume of coin issues up to the Roman Conquest, and a late introduction of Roman coins. This implies a growth in the use of coins in parallel with the …
Language as an instrument of nationalism in Central Europe
2001
This article presents a brief survey and analysis of the most intimate coupling of culture and national projects that occurred in Central Europe following the success of the Italian and German nation-states established in this manner during the third quarter of the nineteenth century. Language is the very ‘stuff’ of culture as well as the instrument of communicating and reaffirming cultural difference vis-a-vis other cultures. As such, language became central to the processes of nation- and nation-state-building in Central Europe, leading to politicisation of language and also of linguistics and philology, which were expected to fortify the nations and their nation-states than rather to len…
The euro impact on trade. Long run evidence with structural breaks
2012
In this paper we present new evidence on the euro effect on trade. We use a data set containing all bilateral combinations in a panel of 26 OECD countries during the period 1967-2008. From a methodological point of view, we implement a new generation of tests that allow solving some of the problems derived from the non-stationary nature of the data. To this aim we apply panel tests that account for the presence of cross-section dependence as well as discontinuities in the non-stationary panel data. We test for cointegration between the variables using panel cointegration tests, especially the ones proposed by Banerjee and Carrióni- Silvestre (2010). We also efficiently estimate the long-run…
CERME7 Working group 17: From a study of teaching practices to issues in teacher education
2012
Around a quarter of WG17 papers focused on mathematical content knowledge needed for teaching (MCKT), trying to define it in relation to characteristics of the mathematical knowledge of other profe...