994 resultados para Free share capital


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Let Γ be a finite graph and G be the corresponding free partially commutative group. In this paper we study subgroups generated by vertices of the graph Γ, which we call canonical parabolic subgroups. A natural extension of the definition leads to canonical quasiparabolic subgroups. It is shown that the centralisers of subsets of G are the conjugates of canonical quasiparabolic centralisers satisfying certain graph theoretic conditions.

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We study a model where agents, located in a social network, decide whether to exert effort or not in experimenting with a new technology (or acquiring a new skill, innovating, etc.). We assume that agents have strong incentives to free ride on their neighbors' effort decisions. In the static version of the model efforts are chosen simultaneously. In equilibrium, agents exerting effort are never connected with each other and all other agents are connected with at least one agent exerting effort. We propose a mean-field dynamics in which agents choose in each period the best response to the last period's decisions of their neighbors. We characterize the equilibrium of such a dynamics and show how the pattern of free riders in the network depends on properties of the connectivity distribution.

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Article describing the design standards and their use for Paralympic facilities. This article was published in the book entitled Olympic Villages: a hundred years of urban planning and shared experiences compiling the papers given at the 1997 International Symposium on International Chair in Olympism (IOC-UAB).

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We show a standard model where the optimal tax reform is to cut labor taxes and leave capital taxes very high in the short and medium run. Only in the very long run would capital taxes be zero. Our model is a version of Chamley??s, with heterogeneous agents, without lump sum transfers, an upper bound on capital taxes, and a focus on Pareto improving plans. For our calibration labor taxes should be low for the first ten to twenty years, while capital taxes should be at their maximum. This policy ensures that all agents benefit from the tax reform and that capital grows quickly after when the reform begins. Therefore, the long run optimal tax mix is the opposite from the short and medium run tax mix. The initial labor tax cut is financed by deficits that lead to a positive long run level of government debt, reversing the standard prediction that government accumulates savings in models with optimal capital taxes. If labor supply is somewhat elastic benefits from tax reform are high and they can be shifted entirely to capitalists or workers by varying the length of the transition. With inelastic labor supply there is an increasing part of the equilibrium frontier, this means that the scope for benefitting the workers is limited and the total benefits from reforming taxes are much lower.

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Agents voluntarily contribute to an infinitely repeated joint project. We investigate the conditions for cooperation to be a renegotiation-proof and coalition-proof equilibrium before examining the influence of output share inequality on the sustainability of cooperation. When shares are not equally distributed, cooperation requires agents to be more patient than under perfect equality. Beyond a certain degree of share inequality, full efficiency cannot be reached without redistribution. This model also explains the coexistence of one cooperating and one free-riding coalition. In this case, increasing inequality can have a positive or negative impact on the aggregate level of effort.

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"Vegeu el resum a l'inici del document del fitxer adjunt."

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"Vegeu el resum a l'inici del document del fitxer adjunt."

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Serum-free aggregating cell cultures of fetal rat telencephalon were examined by a combined biochemical and double-labeling immunocytochemical study for the developmental expression of glial fibrillary acidic protein (GFAP) and glutamine synthetase (GS). It was found that these two astroglial markers are co-expressed at different developmental stages in vitro. During the phase of cellular maturation (i.e. between days 14 and 34), GFAP levels and GS activity increase rapidly and in parallel. At the same time, the number of immunoreactive cells increase while the long and thick processes staining in early cultures gradually disappear. The present results demonstrate that in this particular cell culture system only one type of astrocytes develops which expresses both GFAP and GS and which attains a relatively high degree of maturation.

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OBJECTIVE: Contemporary free-breathing non contrast enhanced cardiovascular magnetic resonance angiography (CMRA) was qualitatively and quantitatively evaluated to ascertain the reproducibility of the method for coronary artery luminal dimension measurements. SUBJECTS AND METHODS: Twenty-two healthy volunteers (mean age 32 +/- 7 years, 12 males) without coronary artery disease were imaged at 2 centers (1 each in Europe and North America) using navigator-gated and corrected SSFP CMRA on a commercial whole body 1.5T System. Repeat images of right (RCA, n = 21), left anterior descending (LAD, n = 14) and left circumflex (LCX, n = 14) coronary arteries were obtained in separate sessions using identical scan protocol and imaging parameters. True visible vessel length, signal-to-noise (SNR), contrast-to-noise ratios (CNR) and the average luminal diameter over the first 4 cm of the vessel were measured. Intra-observer, inter-observer and inter-scan reproducibility of coronary artery luminal diameter were determined using Pearson's correlation, Bland-Altman analysis and intraclass correlation coefficients (ICC). RESULTS: CNR, SNR and the mean length of the RCA, LAD and LCX imaged for original and repeat scans were not significantly different (all p > 0.30). There was a high degree of intra-observer, inter-observer and inter-scan agreements for RCA, LAD and LCX luminal diameter respectively on Bland-Altman and ICC analysis (ICC's for RCA: 0.98. 0.98 and 0.86; LAD: 0.89, 0.89 and 0.63; LCX: 0.95, 0.94 and 0.79). CONCLUSION: In a 2-center study, we demonstrate that free-breathing 3D SSFP CMRA can visualize long continuous segments of coronary vessels with highly reproducible measurements of luminal diameter.

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The main purpose of this paper is building a research model to integrate the socioeconomic concept of social capital within intentional models of new firm creation. Nevertheless, some researchers have found cultural differences between countries and regions to have an effect on economic development. Therefore, a second objective of this study is exploring whether those cultural differences affect entrepreneurial cognitions. Research design and methodology: Two samples of last year university students from Spain and Taiwan are studied through an Entrepreneurial Intention Questionnaire (EIQ). Structural equation models (Partial Least Squares) are used to test the hypotheses. The possible existence of differences between both sub-samples is also empirically explored through a multigroup analysis. Main outcomes and results: The proposed model explains 54.5% of the variance in entrepreneurial intention. Besides, there are some significant differences between both subsamples that could be attributed to cultural diversity. Conclusions: This paper has shown the relevance of cognitive social capital in shaping individuals’ entrepreneurial intentions across different countries. Furthermore, it suggests that national culture could be shaping entrepreneurial perceptions, but not cognitive social capital. Therefore, both cognitive social capital and culture (made up essentially of values and beliefs), may act together to reinforce the entrepreneurial intention.

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La literatura sobre asimilación de los inmigrantes ha destacado la portabilidad imperfecta del capital humano acumulado por éstos en su país de origen (Chiswick, 1978; Friedberg, 2000). Ello explicaría la escasa asimilación en el momento de llegar al nuevo país, así como la gran brecha salarial inicial. Recientemente, una serie de trabajos (Chiswick y Miller, 2007 o Green, Kler y Leeves, 2007, entre otros) han abordado este tema desde la perspectiva de la sobreeducación. Enmarcado en esta literatura, el presente trabajo analiza la portabilidad del capital humano de los inmigrantes al mercado de trabajo español en función de su origen geográfico. Asimismo, trata de contrastar para el caso español las regularidades empíricas más destacables de dichos trabajos. Los resultados obtenidos señalan un distinto grado de transferibilidad del capital humano según origen geográfico, siendo superior la del capital humano acumulado en países de elevado desarrollo o de cultura e idioma próximos y menor la del procedente de países en desarrollo y culturas distantes. La evidencia es relativamente dispar para ambos componentes del capital humano: mientras que ello es especialmente claro para los estudios, resulta menos evidente para la experiencia. Se confirma, asimismo, para el caso español que los inmigrantes padecen una mayor sobreeducación, tanto en incidencia como en intensidad, y que ello implica una mayor penalización salarial relativa, con resultados siempre peores para inmigrantes del segundo grupo de países. A medida que los inmigrantes prolongan su estancia en España existe un proceso de asimilación, excepto para asiáticos y en algunas especificaciones tampoco para los procedentes del África subsahariana, si bien la velocidad de asimilación es notablemente lenta.

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Empleando la encuesta de estructura salarial se plantea una propuesta de estimación de externalidades de capital humano intraempresa que permite relajar las restricciones introducidas por las especificaciones que la literatura empírica existente ha usado. En concreto, la metodología propuesta evalúa las externalidades de capital humano aprovechando al máximo la variabilidad en la muestra, al permitir que todos los coeficientes de las ecuaciones estimadas varíen con el nivel de capital humano del establecimiento, relajando la hipótesis implícita de linealidad entre el efecto de externalidad y el nivel educativo de los individuos.

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En este documento se analizan comparativamente algunos aspectos relativos al capital humano de la economía catalana y española. En primer lugar se compara la dotación de capital humano tanto desde una metodología más tradicional, como es el caso de años de educación, como desde el punto de vista de la valoración del activo mediante actualización de flujos salariales a lo largo del ciclo vital de los individuos. Los resultados muestran indicios de una cierta desaceleración en el crecimiento del stock de capital humano. Adicionalmente, se lleva a cabo una estimación de la existencia de externalidades de capital humano intra-establecimiento, con datos de la Encuesta de Estructura Salarial, desarrollando una metodología menos restrictiva que la tradicional. Los resultados muestran comportamientos similares de la economía española y catalana, apuntando a la existencia de externalidades.

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In this paper we diverge from the existing empirical literature on FDI determinants in two ways. First, we decompose the sources of the foreign direct investment (FDI) gap between Sub-Saharan Africa (SSA) and other developing regions. Once market size has been accounted for, we nd that SSA's FDI de cit is mostly explained by insufficient provision of public goods: low human capital accumulation, especially health, in SSA explains 100-140% of the inter-regional FDI gaps. Second, we estimate the indirect effect of infectious diseases on FDI through their direct impact on health. We find that a 1% point rise in HIV prevalence in the adult population is associated with a decrease in net FDI inflows of 3.5%, while a country in which 100% of the population is at risk of contracting deadly malaria receives about 16% less FDI than a similar country located in a malaria-free region.