Financial depth, stock markets and economic growth in the EU-15 countries

The aim of this paper is to assess the impact of financial depth on economic growth in the EU-15 countries from 1970 until 2012, using the two-step System GMM estimator. Even though it might be expected a positive impact, the results show it is negative and sometimes even negative and statistically significant. Among the reasons presented for this, the existence of banking crises seems to better explain these results. In tranquil periods, financial deepening appears to have a positive impact, whereas in banking crises it is persistently negative and statistically significant. Also, after an assessment of the impact of stock markets on economic growth, it appears that more developed countries in the EU-15 have an economy more reliant on this segment of the financial system rather than in bank intermediation.

El desarrollo de un puerto pesquero modelo en el departamento de Lambayeque. Conferencia dada el día 15 de enero 1964 en el Club Lambayeque, Lima

Exposición presentada sobre el desarrollo de un puerto pesquero donde se han estudiado las condiciones y las características de la costa, conociendo sus riquezas ictiológicas de la zona por la pesca de varios cientos de años.

Biomasa desovante de anchoveta en la zona norte-centro del mar peruano (3º 30' a 15º ºS) durante el invierno 2002

Estudia la biomasa desovante de la anchoveta de una población joven con buen factor de condicion y pleno desove.

Prise en charge des facteurs de risque des maladies cardiovasculaires: qu'est-ce qui a vraiment changé en 15 ans [Management of cardiovascular diseases in adults from 1999 to 2014: what has really changed?].

Every year, a considerable number of clinical guidelines for the management of cardiovascular risk factors are issued. It may give the idea that this area is constantly evolving with regular changes for ambulatory clinical practice, including family medicine. Sometimes important differences between the various recommendations are observed. This led us to wonder about the evolution of recommendations for the management of diabetes, dyslipidemia and high blood pressure over time. This article presents a historical review of US and European recommendations between 1999 and 2014 to highlight what has actually changed.

La Revue des lettres : paraît le 15 de chaque mois / directeur Georges Barbarin

1925 (N1)-1926 (N12).

Revue des jeunes poètes : publication de vers inédits, paraissant le 1er et le 15 de chaque mois

1879/05/01 (A8,N9).

Revue des jeunes poètes : publication de vers inédits, paraissant le 1er et le 15 de chaque mois

1879/08/15 (A8,N16).

Revue des jeunes poètes : publication de vers inédits, paraissant le 1er et le 15 de chaque mois

1878/03/15 (A7,N6).

Revue des jeunes poètes : publication de vers inédits, paraissant le 1er et le 15 de chaque mois

1878/01/15 (A7,N2).

Revue des jeunes poètes : publication de vers inédits, paraissant le 1er et le 15 de chaque mois

1878/07/15 (A7,N14).