Union power, minimum wage legislation endogenous labor supplies and production

The objective of this work is to study the impact of the unions' bargaining power on production and wages. We present a model where a competitive final good is produced through two substitutable intermediate goods, one produced by unskilled labor and the other by skilled labor. Potential workers decide at their cost to become skilled or unskilled and, thus, labor supplies are determined endogenously. We find that the reallocation of the labor supplies due to changes in the unskilled (or skilled) unions¿ bargaining power may have a positive impact on the final goods production. At the same time, total labor earnings increase with the unskilled unions¿ bargaining power if the final goods production increases too. We also show that the minimum wage legislation has efects similar to an increase in the bargaining power of the unskilled unions.

Projections de l'utilisation des lits dans le canton de Vaud : hôpitaux de zone, 1990-2010

La projection utilise toujours le programme de simulation SIMULIT, dans sa treizième version. (...) Seule l'évolution démographique a été considérée dans les projections du nombre de lits: aucune des autres variables susceptibles de changer dans le futur n'a été prise en compte, ni celle en relation avec l'activité hospitalière elle-même (modification des taux d'hospitalisation, des durées de séjour, etc.), ni celles concernant l'état de santé de la population (modification de l'incidence ou de la prévalence des maladies). En d'autres termes, cette projection montre l'effet de l'évolution démographique sur l'activité hospitalière, si les caractéristiques de cette activité devaient rester celles observées dans les années 80. Il ne s'agit donc pas d'une prévision. [Auteurs, p. 1]

Iowa Power Fund Summary of Economic Impact Study,

A newly completed study commissioned by the Iowa Office of Energy Independence shows increased jobs, tax revenue and economic activity as a result of Iowa Power Fund projects. The analysis is divided into two parts. Part I assesses the specific impacts of projects that have been funded directly. Part II offers an analysis of the long term impacts when projects are successfully replicated.

Power variation of some integral fractional processes

We consider the asymptotic behaviour of the realized power variation of processes of the form ¿t0usdBHs, where BH is a fractional Brownian motion with Hurst parameter H E(0,1), and u is a process with finite q-variation, q<1/(1¿H). We establish the stable convergence of the corresponding fluctuations. These results provide new statistical tools to study and detect the long-memory effect and the Hurst parameter.

Projections de l'utilisation des lits dans le canton de Vaud : CHUV, 1990-2010

Il faut insister sur le sens et les limites des résultats présentés ici. Seule l'évolution démographique a été considérée dans les projections du nombre de lits: aucune des autres variables susceptibles de changer dans le futur n'a été prise en compte, ni celles en relation avec l'activité hospitalière elle-même (modification des taux d'hospitalisation, des durées de séjour, etc.), ni celles concernant l'état de santé de la population (modification de l'incidence ou de la prévalence des maladies). En d'autres termes, cette projection montre l'effet de l'évolution démographique sur l'activité hospitalière, si les caractéristiques de cette activité devaient rester celles observées dans les années 80. Il ne s'agit donc pas d'une prévision. Le nombre de lits projetés constitue une sorte de référence, qui peut faciliter l'élaboration de scénarios sanitaires, ceux par exemple destinés à modifier l'effectif des lits hospitaliers. [Auteurs, p. 1]

Optimal dividend strategies for a compound Poisson risk process under transaction costs and power utility

We characterize the value function of maximizing the total discounted utility of dividend payments for a compound Poisson insurance risk model when strictly positive transaction costs are included, leading to an impulse control problem. We illustrate that well known simple strategies can be optimal in the case of exponential claim amounts. Finally we develop a numerical procedure to deal with general claim amount distributions.

Iowa Office of Energy Independence Iowa Power Fund Summary of Economic Impact Study, December 16, 2010

A newly completed study commissioned by the Iowa Office of Energy Independence shows increased jobs, tax revenue and economic activity as a result of Iowa Power Fund projects. The analysis is divided into two parts. Part I assesses the specific impacts of projects that have been funded directly. Part II offers an analysis of the long term impacts when projects are successfully replicated.

Iowa Power Fund Board Project Report Update, November 12, 2008

ISU’s proposed research will (1) develop methods for designing clean and efficient burners for low‐Btu producer gas and medium‐Btu syngas, (2) develop catalysts and flow reactors to produce ethanol from medium‐Btu synthesis gas, and (3) upgrade the BECON gasifier system to enable medium‐Btu syngas production and greatly enhanced capabilities for detailed gas analysis needed by both (1) and (2). This project addresses core development needs to enable grain ethanol industry reduce its natural gas demand and ultimately transition to cellulosic ethanol production.

Power Fund Awarded Projects, 2010

Power Fund Awarded Projects from the Office of Energy Independence.

Iowa Power Fund Approved Projects, June 30, 2011

Power Fund Awarded Projects from the Office of Energy Independence.