Search results for "Location"
showing 10 items of 1480 documents
Time allocation during Higher education : a study of Brazilian, French and Spanish students
1995
International audience; The results we present enable us to highlight common features and disparities in the way students from the three countries organize their time. While the lecture attendance time varies little from one country to another, it is different for other elements of time use. The Spaniards in particular seem to spend more time on personal work and the Brazilians more often have paid employment. The initial comparison should however be regarded as provisional in that no systematic correlation was made with educational policies in each country. Certainly, the lack of grants system in Brazil is linked to the significant amount of available time spent on salaried work but it wou…
On the mechanics of progress in primary education
2003
03045; International audience; As countries grow rich, education improves in many ways. The sector enjoys more resources for education per primary school-aged child, not because of bigger budget allocations, nor an easing of the demographic burden on the system, but because the cost of inputs, especially teacher salaries, decline substantially relative to the per capita GNP. The extra resources enable countries to expand coverage and reduce the pupil–teacher ratio, with the latter receiving increasing emphasis during the past 20 years. The implicit trade-off against coverage raises questions about the efficiency and equity of education policies in developing countries, particularly in setti…
Do universities matter for the location of foreign R&D?
2021
This article explores the extent to which the regional higher education system (HES) influences the location of foreign research and development (R&D). To do so, we use a dataset with information on the location choices of new foreign R&D establishments within Spain from 2005 to 2013. Similarly, we use a multiple measure of the three university missions, distinguishing between research capacity training, scientific research, and technology transfer. We find that the probability of a foreign R&D establishment being located in a region is positively affected by the strength of the region’s HES missions, and more specifically by the quality of its scientific research, while its re…
The Economic Value of Volatility Transmission Between the Stock and Bond Markets
2008
This study has two main objectives. Firstly, volatility transmission between stocks and bonds in European markets is studied using the two most important financial assets in these fields: the DJ Euro Stoxx 50 index futures contract and the Euro Bund futures contract. Secondly, a trading rule for the major European futures contracts is designed. This rule can be applied to different markets and assets to analyze the economic significance of volatility spillovers observed between them. The results indicate that volatility spillovers take place in both directions and that the stock-bond trading rule offers very profitable returns after transaction costs. These results have important implicatio…
Strategic sharing of a costly network
2012
We study minimum cost spanning tree problems for a set of users connected to a source. Prim’s algorithm provides a way of finding the minimum cost tree mm. This has led to several definitions in the literature, regarding how to distribute the cost. These rules propose different cost allocations, which can be understood as compensations and/or payments between players, with respect to the status quo point: each user pays for the connection she uses to be linked to the source. In this paper we analyze the rationale behind a distribution of the minimum cost by defining an a priori transfer structure. Our first result states the existence of a transfer structure such that no user is willing to …
Dynamic Asset Allocation Strategies Basedon Unexpected Volatility
2014
The author documents that at the aggregate stock market level, unexpected volatility is negatively related to expected future returns, and positively related to future volatility. The author demonstrates how the predictive ability of unexpected volatility can be utilized in dynamic asset allocation strategies that deliver a substantial improvement in terms of risk-adjusted performance as compared to traditional buy-and-hold strategies. In addition, the author shows that active strategies based on unexpected volatility outperform the popular active strategy with a volatility target mechanism, and have some edge over the popular market timing strategy with a 10-month simple moving average rul…
La insuficiencia de las actuales políticas de fomento de cooperativas y sociedades laborales frente a la crisis en España
2014
El objeto del presente artículo es analizar las políticas de fomento de cooperativas y sociedades laborales durante este periodo de crisis, identificando los principales dispositivos existentes y los de nueva implantación, evaluando su alcance y valorando su nivel de eficacia. Se han distinguido tres grupos de políticas de fomento, las políticas tradicionales de fomento, las políticas de nuevo cuño, incluyendo en estas últimas las medidas urdidas por los gobiernos regionales y la nueva ley de economía social y finalmente las políticas de austeridad. Se concluye, en primer lugar, que las cooperativas y sociedades laborales no constituyen un sector muy subvencionado dado que el alcance de est…
Sampling properties of the Bayesian posterior mean with an application to WALS estimation
2022
Many statistical and econometric learning methods rely on Bayesian ideas, often applied or reinterpreted in a frequentist setting. Two leading examples are shrinkage estimators and model averaging estimators, such as weighted-average least squares (WALS). In many instances, the accuracy of these learning methods in repeated samples is assessed using the variance of the posterior distribution of the parameters of interest given the data. This may be permissible when the sample size is large because, under the conditions of the Bernstein--von Mises theorem, the posterior variance agrees asymptotically with the frequentist variance. In finite samples, however, things are less clear. In this pa…
Physiological and practical considerations on liver regeneration after liver transplantion
2019
La regeneración hepática ha sido uno de los procesos más estudiados en la medicina al ser el hígado un órgano altamente importante y complejo del organismo, asiento de múltiples enfermedades y expuesto por su ubicación anatómica a los traumatismos. El trasplante hepático se ha convertido en uno de los procedimientos más frecuentes en la trasplantología de órganos, por lo que el conocimiento de los aspectos básicos de esta técnica terapéutica y el estudio de los mecanismos histológicos y fisiológicos vinculados con la regeneración hepática, es fundamental para lograr un resultado satisfactorio. Se realizó un estudio exploratorio de la bibliografía vinculada con el tema, con el objetivo de ex…
The impact of winter flooding with saline water on foliar carbon uptake and the volatile fraction of leaves and fruits of lemon (Citrus limon) trees
2012
We investigated the consequences of recurrent winter flooding with saline water on a lemon (Citrus × limon (L.) Burm.f.) orchard, focussing on photosynthesis limitations and emission of secondary metabolites (isoprenoids) from leaves and fruits. Measurements were carried out immediately after flooding (December), at the end of winter (April) and after a dry summer in which plants were irrigated with optimal quality water (September). Photosynthesis was negatively affected by flooding. The effect was still visible at the end of winter, whereas the photosynthetic rate was fully recovered after summer, indicating an unexpected resilience capacity of flooded plants. Photosynthesis inhibition by…