Testing calibrated general equilibrium models

This paper illustrates the philosophy which forms the basis of calibrationexercises in general equilibrium macroeconomic models and the details of theprocedure, the advantages and the disadvantages of the approach, with particularreference to the issue of testing ``false'' economic models. We provide anoverview of the most recent simulation--based approaches to the testing problemand compare them to standard econometric methods used to test the fit of non--lineardynamic general equilibrium models. We illustrate how simulation--based techniques can be used to formally evaluate the fit of a calibrated modelto the data and obtain ideas on how to improve the model design using a standardproblem in the international real business cycle literature, i.e. whether amodel with complete financial markets and no restrictions to capital mobility is able to reproduce the second order properties of aggregate savingand aggregate investment in an open economy.

When in peril, retrench: Testing the portfolio channel of contagion

One plausible mechanism through which financial market shocks may propagate across countriesis through the impact that past gains and losses may have on investors risk aversion and behavior. This paper presents a stylized model illustrating how heterogeneous changes in investors risk aversion affect portfolio allocation decisions and stock prices. Our empirical findings suggest that when funds returns are below average, they adjust their holdings toward the average (or benchmark) portfolio. In so doing, funds tend to sell the assets of countries in which they were overweight , increasing their exposure to countries in which they were underweight. Based on this insight, the paper constructs an index of financial interdependence which reflects the extent to which countries share overexposed funds. The index helps in explain the pattern of stock market comovement across countries. Moreover, a comparison of this interdependence measure to indices of trade or commercial bank linkages indicates that our index can improve predictions about which countries are more likely to be affected by contagion from crisis centers.

The economic effects of the Protestant Reformation: Testing the Weber hypothesis in the German Lands

Many theories, most famously Max Weber s essay on the Protestant ethic, have hypothesizedthat Protestantism should have favored economic development. With their considerablereligious heterogeneity and stability of denominational affiliations until the 19th century, theGerman Lands of the Holy Roman Empire present an ideal testing ground for this hypothesis.Using population figures in a dataset comprising 272 cities in the years 1300 1900, I find no effectsof Protestantism on economic growth. The finding is robust to the inclusion of a varietyof controls, and does not appear to depend on data selection or small sample size. In addition,Protestantism has no effect when interacted with other likely determinants of economic development.I also analyze the endogeneity of religious choice; instrumental variables estimates ofthe effects of Protestantism are similar to the OLS results.

Generación automática de cuadros de mando vía web

El proyecto consta de una aplicación web destinada a generar cuadros de mandos para distintos clientes de una manera ágil y dinámica reduciendo así los tiempos de implementación de una herramienta de estas características. Dicha aplicación será desarrollada bajo .NET para el lado del servidor y jQuery & google Maps API para el lado cliente, por lo que hace a los informes y la base de datos todo estará implementado con Microsoft SQL Server 2008 R2.

Me interesa : web de notícies personal

El projecte tracta d'un portal web que té com a funció principal mostrar informació de diferents pàgines web en una sola plana web a través dels RSS. La web mostra la informació de diferents maneres: - L'usuari visitant podrà consultar aquella informació que desitgi d'entre tota la informació general de la que disposa la web. - L'usuari registrat pot personalitzar aquella informació que és del seu interès i organitzar-la al gust. Es disposa d'una part per l'administració de la web on es gestiona tota la informació general i es poden consultar informes analítics.

Testing the response of macroinvertebrate functional structure and biodiversity to flooding and confinement

The aim of the present study was to investigate the relative importance of flooding- and confinement-related environmentalfeatures in explaining macroinvertebrate trait structure and diversity in a pool of wetlands located in a Mediterranean riverfloodplain. To test hypothesized trait-environment relationships, we employed a recently implemented statistical procedure, thefourth-corner method. We found that flooding-related variables, mainly pH and turbidity, were related to traits that confer an abilityof the organism to resist flooding (e.g., small body-shape, protection of eggs) or recuperate faster after flooding (e.g., short life-span, asexual reproduction). In contrast, confinement-related variables, mainly temperature and organic matter, enhanced traits that allow organisms to interact and compete with other organisms (e.g., large size, sexual reproduction) and to efficiently use habitat and resources (e.g., diverse locomotion and feeding strategies). These results are in agreement with predictions made under the River Habitat Templet for lotic ecosystems, and demonstrate the ability of the fourth-corner method to test hypothesis that posit traitenvironment relationships. Trait diversity was slightly higher in flooded than in confined sites, whereas trait richness was not significantly different. This suggests that although trait structure may change in response to the main environmental factors, as evidenced by the fourth-corner method, the number of life-history strategies needed to persist in the face of such constraints remains more or less constant; only their relative dominance differs

Portal web d'avaluació escolar

Aquest projecte tracta d'establir un canal més de comunicació entre docents i professors per tal de facilitar el seguiment i la progressió dels alumnes en l'àmbit acadèmic. Per aconseguir-ho es proposa dissenyar un portal web on pares i professors puguin consultar les avaluacions i demanar reunions de seguiment.

Creació de cartelleria via web

Projecte d'aplicació real de generació i impressió de cartelleria. Encara que el seu disseny s'ha fet de la manera més general possible, la finalitat d'aquest és que sigui funcional.

Aplicación web de gestión de reservas de pistas deportivas

Proyecto para la creación de una aplicación web para gestionar las reservas de las pistas de un centro deportivo utilizando la arquitectura J2EE.

Diseño de una aplicación web para el control de los cultivos frutales

Gestión de un portal web que permita a agricultores de pequeñas empresas, gestionar y controlar todos los aspectos que afectan a la productividad de su empresa. Ya sean la producción, los trabajadores, control y prevención de plagas, etc. También llevará un control sobre la producción diaria y cuanto ha costado llegar hasta esa producción, horas y trabajadores empleados.