Ex post bargaining, labor coordination and wage formation at the firm level

We lay out a model of wage bargaining with two leading features:bargaining is ex post to relevant investments and there isindividual bargaining in firms without a Union. We compareindividual ex post bargaining to coordinated ex post bargainingand we analyze the effects on wage formation. As opposed to exante bargaining models, the costs of destroying the employmentrelationship play a crucial role in determining wages. Highfiring costs in particular yield a rent for employees. Ourtheory points to a employer size-wage effect that is independentof the production function and market power. We derive a simpleleast squares specification from the theoretical model thatallow us to estimate components of the wage premium fromcoordination. We reject the hypothesis that labor coordinationdoes not alter the extensive form of the bargaining game. Laborcoordination substantially increases bargaining power butdecreases labor's ability to pose costly threats to the firm.

Botrychium matricariifolium A. Br. ex Koch, una nova espècie per a la flora del massís del Montseny = Botrychium matricariifolium A. Br. ex Koch, a new species for the flora of the Montseny massif (NE Iberian Peninsula)

Nota breu sobre la descripció de Botrychium matricariifolium A. Br. ex Koch al massís del Montseny

Time of ruin in a risk model with generalized Erlang (n) interclaim times and a constant dividend barrier

In this paper we analyze the time of ruin in a risk process with the interclaim times being Erlang(n) distributed and a constant dividend barrier. We obtain an integro-differential equation for the Laplace Transform of the time of ruin. Explicit solutions for the moments of the time of ruin are presented when the individual claim amounts have a distribution with rational Laplace transform. Finally, some numerical results and a compare son with the classical risk model, with interclaim times following an exponential distribution, are given.

Discrete analysis of dividend payments in a non-life insurance portfolio

The process of free reserves in a non-life insurance portfolio as defined in the classical model of risk theory is modified by the introduction of dividend policies that set maximum levels for the accumulation of reserves. The first part of the work formulates the quantification of the dividend payments via the expectation of their current value under diferent hypotheses. The second part presents a solution based on a system of linear equations for discrete dividend payments in the case of a constant dividend barrier, illustrated by solving a specific case.

Time of ruin in a risk model with generalized Erlang (n) interclaim times and a constant dividend barrier

In this paper we analyze the time of ruin in a risk process with the interclaim times being Erlang(n) distributed and a constant dividend barrier. We obtain an integro-differential equation for the Laplace Transform of the time of ruin. Explicit solutions for the moments of the time of ruin are presented when the individual claim amounts have a distribution with rational Laplace transform. Finally, some numerical results and a compare son with the classical risk model, with interclaim times following an exponential distribution, are given.

Discrete analysis of dividend payments in a non-life insurance portfolio

The process of free reserves in a non-life insurance portfolio as defined in the classical model of risk theory is modified by the introduction of dividend policies that set maximum levels for the accumulation of reserves. The first part of the work formulates the quantification of the dividend payments via the expectation of their current value under diferent hypotheses. The second part presents a solution based on a system of linear equations for discrete dividend payments in the case of a constant dividend barrier, illustrated by solving a specific case.

Ressenya de M. GLESSGEN (et al. ed.), 'Ex traditione innovatio. Miscellanea in honorem Max Pfister septuagenarii oblata'. Darmstadt: Wissenschaftliche Buchgesellschaft, 2002.

Certament ha de ser un motiu de satisfacció per a qualsevol mestre veure l"empremta deixada per l"obra pròpia juntament amb la que es reflecteix en la producció dels seus deixebles. En aquests volums editats en homenatge al professor Max Pfister amb motiu del seu setantè aniversari s"hi combinen encertadament aquestes dues facetes: els editors han estructurat aquest homenatge en dos volums. El primer recull escrits diversos del mateix Max Pfister de tema gal.loromànic o italoromànic; el segon articles de tema divers, però essencialment italoromànic, dels col.laboradors del LEI.

Lectotypification of Halymenia rodrigueziana J.Feldmann [= Sebdenia rodrigueziana (J.Feldmann) Codomier ex Athanasiadis (Sebdeniaceae, Rhodophyta)].

Here we designate as a lectotype of Halymenia rodrigueziana J. Feldmann the sheet JF2328 held in the Herbarium of J. Feldmann, included in the Herbarium of the Cryptogam Laboratory of the Muséum National d"Histoire Naturelle de Paris (PC). Also we present the correct citation of this species and for Sebdenia rodrigueziana (J. Feldmann) Codomier ex Athanasiadis.

L'aliança Polygonion avicularis Br.-Bl. ex Dich. 1933 als Pirineus Catalans

L'anàlisi de nombrosos inventaris procedents dels Pirineus centrals i orientals ens ha dut a realitzar una revisió de I'aliança Polygonion avicularis Br.-Bl. ex Dich 1933 en aquesta àrea. Reconeixem fins al moment sis associacions per a les quals donem la seva caracterització florística i ecologica, així com la seva distribució als Pirineus catalans. Descrivim, a més, una subass. scleranthetosum uncinatae del Rumici-Spergularietum rubrae, comunitat altimontana i subalpina pròpia dels sòls calcigats.

Omphalina Umbellifera (L. ex. Fr.)Quel. Novedad para la flora liquénica

Se da cuenta de la recolección en el Montseny, el Corredor y el Moixeró de varios basidiocarpos de Omphalina umbellifera(L. ex Fr. ) Quel. (= O. ericetorum (Pers.) M. Lange), en taludes y sobre madera en descomposición.

Immunomodulation by conjugated linoleic acid (CLA) in early life

Conjugated linoleic acid (CLA) has been reported to exert beneficial physiological effects on body composition and the immune system. However, little information is available on the influence of CLA on immune function during early life periods. The present study evaluates the effect of feeding an 80:20 mixture of cis-9,trans-11- and trans-10,cis-12-CLA isomers duringgestation, suckling and early infancy on the systemic and mucosal immune responses of Wistar rats at three different time points: at the end of the suckling period (21-day-old rats), in early infancy (28-day-old rats), and later in life (adulthood). Cis-9,trans-11- and trans-10,cis-12-CLA isomers were detected in the milk of CLA-fed dams and in the plasma of all CLA-supplemented pups, and the highest content was achieved in those rats supplemented over the longest period. Dietary supplementation with that CLA mix enhances the systemic production of the main in vivo and ex vivo immunoglobulin (Ig) isotypes in 21- and 28-day-old rats. Moreover, CLA supplementation during suckling and early infancy also enhances the humoral immune defenses at intestinal level, by means of mucosal IgA increase, whereas down-regulates thesystemic lymphoproliferative response. Finally, we described herein how feeding a diet enriched with the same isomer mix of cis9,trans11- and trans10,cis12-CLA from gestation to adulthood improves the capacity of adult rats to achieve a specific systemic and mucosal immune responses. All these data support the immunomodulatory effects of dietary supplementation of CLA, particularly of the cis9,trans11-CLA isomer, during early stages of life on immune system development, as well as the long-term effects on the specific immune response in adult age.

Influence on present-day coastal dynamics and evolution of a relict subaqueous delta lobe: Sol de Riu lobe, Ebro Delta. Continental Shelf Research, 74: 94-104. doi:10.1016/j.csr.2013.11.021

We used high-resolution swath-bathymetry data to characterise the morphology of the abandoned subaqueous Sol de Riu delta lobe in the Ebro Delta, Western Mediterranean Sea. This study aims to assess the influence of an abandoned delta lobe on present-day coastal dynamics in a micro-tidal environment. Detailed mapping of the relict Sol de Riu lobe also showed a set of bedforms interpreted as footprints of human activities: seasonal V-shaped depressions on the middle shoreface due to boat anchoring and old trawling marks between 16 and 18 m water depth. Estimations of the mobility of bottom sediment showed that the shallowest shoreface (i.e. less than 7 m depth) is the most dynamic part of the relict lobe, while the middle shoreface experienced significant morphological changes since the lobe was abandoned. The deepest shoreface (i.e. water depth in excess of 15 m), which corresponds to the front of the lobe, is defined by a very small potential for morphological change. Simulations showed that while the relict lobe does not significantly affect the typical short period waves (Tp ≈4 s) in the study area, it does interfere with the most energetic wave conditions (Tp ≥ 7 s) acting as a shoal leading to the concentration of wave energy along the shoreline northwest of the lobe. The consequence of such modification of the high-energy wave propagation pattern by the relict lobe is an alteration of the wave-induced littoral sediment dynamics with respect to a situation without the lobe.