South Carolina botanists: biography and bibliography

The monograph is a systematic arrangement of the biographies and bibliographies of botanists in South Carolina who have contributed to the state’s reputation in botany.

Essays on Information Frictions, Prices and Unemployment

I investigate the effects of information frictions in price setting decisions. I show that firms' output prices and wages are less sensitive to aggregate economic conditions when firms and workers cannot perfectly understand (or know) the aggregate state of the economy. Prices and wages respond with a lag to aggregate innovations because agents learn slowly about those changes, and this delayed adjustment in prices makes output and unemployment more sensitive to aggregate shocks. In the first chapter of this dissertation, I show that workers' noisy information about the state of the economy help us to explain why real wages are sluggish. In the context of a search and matching model, wages do not immediately respond to a positive aggregate shock because workers do not (yet) have enough information to demand higher wages. This increases firms' incentives to post more vacancies, and it makes unemployment volatile and sensitive to aggregate shocks. This mechanism is robust to two major criticisms of existing theories of sluggish wages and volatile unemployment: the flexibility of wages for new hires and the cyclicality of the opportunity cost of employment. Calibrated to U.S. data, the model explains 60% of the overall unemployment volatility. Consistent with empirical evidence, the response of unemployment to TFP shocks predicted by my model is large, hump-shaped, and peaks one year after the TFP shock, while the response of the aggregate wage is weak and delayed, peaking after two years. In the second chapter of this dissertation, I study the role of information frictions and inventories in firms' price setting decisions in the context of a monetary model. In this model, intermediate goods firms accumulate output inventories, observe aggregate variables with one period lag, and observe their nominal input prices and demand at all times. Firms face idiosyncratic shocks and cannot perfectly infer the state of nature. After a contractionary nominal shock, nominal input prices go down, and firms accumulate inventories because they perceive some positive probability that the nominal price decline is due to a good productivity shock. This prevents firms' prices from decreasing and makes current profits, households' income, and aggregate demand go down. According to my model simulations, a 1% decrease in the money growth rate causes output to decline 0.17% in the first quarter and 0.38% in the second followed by a slow recovery to the steady state. Contractionary nominal shocks also have significant effects on total investment, which remains 1% below the steady state for the first 6 quarters.

Empirical studies on share issuance and repurchase decisions

Financial constraints influence corporate policies of firms, including both investment decisions and external financing policies. The relevance of this phenomenon has become more pronounced during and after the recent financial crisis in 2007/2008. In addition to raising costs of external financing, the effects of financial crisis limited the availability of external financing which had implications for employment, investment, sale of assets, and tech spending. This thesis provides a comprehensive analysis of the effects of financial constraints on share issuance and repurchases decisions. Financial constraints comprise both internal constraints reflecting the demand for external financing and external financial constraints that relate to the supply of external financing. The study also examines both operating performance and stock market reactions associated with equity issuance methods. The first empirical chapter explores the simultaneous effects of financial constraints and market timing on share issuance decisions. Internal financing constraints limit firms’ ability to issue overvalued equity. On the other hand, financial crisis and low market liquidity (external financial constraints) restrict availability of equity financing and consequently increase the costs of external financing. Therefore, the study explores the extent to which internal and external financing constraints limit market timing of equity issues. This study finds that financial constraints play a significant role in whether firms time their equity issues when the shares are overvalued. The conclusion is that financially constrained firms issue overvalued equity when the external equity market or the general economic conditions are favourable. During recessionary periods, costs of external finance increase such that financially constrained firms are less likely to issue overvalued equity. Only unconstrained firms are more likely to issue overvalued equity even during crisis. Similarly, small firms that need cash flows to finance growth projects are less likely to access external equity financing during period of significant economic recessions. Moreover, constrained firms have low average stock returns compared to unconstrained firms, especially when they issue overvalued equity. The second chapter examines the operating performance and stock returns associated with equity issuance methods. Firms in the UK can issue equity through rights issues, open offers, and private placement. This study argues that alternative equity issuance methods are associated with a different level of operating performance and long-term stock returns. Firms using private placement are associated with poor operating performance. However, rights issues are found empirically to be associated with higher operating performance and less negative long-term stock returns after issuance in comparison to counterpart firms that issue private placements and open offers. Thus, rights issuing firms perform better than open offers and private placement because the favourable operating performance at the time of issuance generates subsequent positive long-run stock price response. Right issuing firms are of better quality and outperform firms that adopt open offers and private placement. In the third empirical chapter, the study explores the levered share repurchase of internally financially unconstrained firms. Unconstrained firms are expected to repurchase their shares using internal funds rather than through external borrowings. However, evidence shows that levered share repurchases are common among unconstrained firms. These firms display this repurchase behaviour when they have bond ratings or investment grade ratings that allow them to obtain cheap external debt financing. It is found that internally financially unconstrained firms borrow to finance their share repurchase when they invest more. Levered repurchase firms are associated with less positive abnormal returns than unlevered repurchase firms. For the levered repurchase sample, high investing firms are associated with more positive long-run abnormal stock returns than low investing firms. It appears the market underreact to the levered repurchase in the short-run regardless of the level of investments. These findings indicate that market reactions reflect both undervaluation and signaling hypotheses of positive information associated with share repurchase. As the firms undertake capital investments, they generate future cash flows, limit the effects of leverage on financial distress and ultimately reduce the risk of the equity capital.

Génese, apogeu e declínio das fortificações calcolíticas da Extremadura

En este artículo se presenta un análisis de las condiciones de tipo socioeconómico que determinarán el origen y el desarrollo de las fortificaciones calcolíticas en la Extremadura Portuguesa, unos 2800 a.C. En la interpretación de los acontecimientos, se considera determinante la evolución interna de las propias comunidades que habitarán la región, al menos desde el neolítico final, caracterizadas por un sistema agro-pastoral de creciente complejidad y diversificación.

Desenvolvimento de tecnologias sociais na área da saúde da mulher : intervenções em nível comunitário com gestantes

Tese (doutorado)—Universidade de Brasília, Instituto de Psicologia, Programa de Pós-graduação em Psicologia Clínica e Cultura, 2016.

Georgia, from the latest authorities.

Scale ca. 1:3,000,000.

Carte de la Louisiane par le Sr. d'Anville.

Scale ca. 1:900,000.

Civil War, 1861-1862 /

Shows movement of Union and Confederate forces, location of their respective victories, extent of their respective territories controlled in Dec. 1862, and the Union naval blockade.

Civil War, 1863-1865 /

Shows movement of Union and Confederate forces, location of their respective victories, extent of their respective territories controlled in March 1865, and the Union naval blockade.

Farm land, value of products, and tenancy in the southeast /

"4-63."

O impacto das telenovelas brasileiras nos luandenses

Vivemos uma era em que os distintos pontos geográficos do globo se tornaram mais próximos em virtude do estreitamento proporcionado pelo profundo avanço tecnológico dos meios de transporte, mas também pela evolução vertiginosa das novas tecnologias de comunicação que têm permitido fazer com que eventos ocorridos numa determinada região do planeta sejam vistos num outro ponto geográfico, com diferença de apenas algumas horas ou mesmo em tempo real. Graças a esse avanço tecnológico e ao consequente desenvolvimento do processo comercial de transmissão e receção de sinal de televisão por satélite e/ou por cabo, a par do veloz fluxo de informação, são também disponibilizados aos recetores conteúdos de entretenimento que refletem práticas culturais com características marcadamente identitárias, de outras sociedades. Considerando que determinadas condicionantes históricas e económicas do mundo não possibilitam um fluxo bidirecional dos referidos produtos televisivos e o facto de as empresas prestadoras destes serviços se dedicarem exclusivamente à venda de produtos, cujos conteúdos retratam práticas culturais de determinados países (em melhores condições de desenvolvimento económico e tecnológico) existe a possibilidade de se estar diante de um processo de difusão cultural e de aculturação de que são alvo os cidadãos dos países recetores dos referidos conteúdos. Este trabalho pretende efetuar uma análise do impacto das telenovelas brasileiras no comportamento dos luandenses, baseando-se numa pesquisa desenvolvida nos sete municípios da Província de Luanda. Os resultados da pesquisa revelam a presença de componentes culturais brasileiras em práticas sociais dos luandenses há várias gerações e mostram o papel transformador que as telenovelas brasileiras continuam a desempenhar nesta sociedade. A ausência nos canais de televisão locais de mensagens e imagens das representações endógenas favorece a apropriação de práticas culturais exógenas emitidas pelas produções brasileiras e a sua ressignificação no quotidiano local.

Desvendando a resposta dos eosinófilos, dos neutrófilos e dos monócitos nas parasitoses intestinais, na asma e na associação de ambas em crianças

Dissertação (mestrado)—Universidade de Brasília, Faculdade de Medicina, Pós-graduação em Medicina Tropical, 2015.

Impacto de fusões e aquisições na eficiência e produtividade de operadoras de infraestruturas do mercado financeiro e sistemas de negociação

Dissertação (mestrado)—Universidade de Brasília, Departamento de Administração, Programa de Pós-graduação em Administração, 2016.

Gender, class and the household economy in Scotland in the ‘Age of affluence’

From early 1950s to the early 1970s Britain is said to have experienced an ‘age of affluence’. Whilst material conditions for many households improved in these decades, this detailed examination of budget management processes shows that for many working-class households, these gains were the product of hard work and careful money management. Using oral history methodology, this thesis explores lived experiences of the household economy to illuminate these qualifications to ‘affluence’. In so doing, this thesis advances analysis which considers the relationship between the macro-level economic conditions of affluence and the everyday economic realities of households in the post-war period. The thesis examines the operation of the household economy and shows how working-class households utilised domestic labour, budgeting, paid work, credit and thrift to make ends meet, as well as to achieve ‘affluence’. Further, by exploring these areas of the household economy, this thesis shows that gendered ideology continued to preserve power and material inequalities between men and women. Although considerable change did occur, particularly involvement in the paid labour market, domestic responsibilities continued to be an important focus of women’s identities and the effective performance of these duties by women remained central to the success of the household. This thesis represents a fresh focus on how the exploration of everyday life, including the salience of ideological continuities in shaping experience, can qualify and refine our understanding of twentieth century economic and social change, and contributes to socio-historical understandings of ‘affluence’ and its intersections with the household, gender, and class.

Caracterización nutricional mediante antropometría de los niños sanos menores de 5 años asistentes a una institución de salud en Puerto Inírida 2014

Introducción: Siendo la desnutrición infantil, un indicador trazador en el perfil de salud de una población y prioridad establecida por los objetivos de desarrollo del milenio y el plan decenal de salud pública en Colombia - PDSP en su dimensión de seguridad alimentaria y nutricional, mantiene gran prevalencia a nivel nacional a pesar de presentar subregistro en la información reportada, por ende, es prioridad la medición, notificación y tratamiento de la misma. La OMS estandarizó los parámetros de medición y el gobierno nacional los adoptó mediante la resolución 2121 de 2010. Sin embargo, para disminuir el indicador de desnutrición que al año 2015 debería estar reducido en un 50% según el PDSP, es necesario identificar el sub registro que hay en el diagnóstico de la misma. Metodología: Se realizó un estudio poblacional, descriptivo y transversal, en el cual se analizó la base de datos de los niños menores de 5 años asistentes a consulta de crecimiento y desarrollo en una institución de salud del municipio de Puerto Inírida, con el fin de realizar una caracterización nutricional basados en mediciones antropométricas y contrastándolas realizadas por los profesionales de salud con las encontradas utilizando los patrones establecidos por la OMS. La información se analizó con el Software WHO Anthro propiedad de la OMS. Resultados: Se encontró que el 33,6% de los menores de 5 años registrados presentan desnutrición crónica, el 7,6% desnutrición aguda, el 13,2% de desnutrición global y el 13,9% tiene obesidad. Al discriminarlo por edad se encontró mayor prevalencia de desnutrición crónica en ambos sexos, siendo mayor en población de sexo masculino (40,1% masculino – 27,6% femenino); al igual que al realizar la comparación por pertenencia puesto que se encuentra la misma prevalencia en desnutrición crónica (29,1% en población indígena y 29% en población no indígena). Según los estándares de la OMS, en la población estudiada 12 se identificaron 243 casos de malnutrición, mientras que en la consulta de crecimiento y desarrollo fueron diagnosticados como casos de malnutrición por los profesionales de salud solo 99. Discusión: La malnutrición es un problema estructural, por ende, se deben tener en cuenta factores tanto intrínsecos como extrínsecos de la persona. Las medidas antropométricas son sólo una manera de medir, que se debe contextualizar con el entorno y las condiciones socioeconómicas, patológicas y culturales en las que se encuentre la población. El estado nutricional de los menores asistentes a los controles de crecimiento y desarrollo de la población estudiada, se encuentra mal registrado, de la misma manera se encontró una gran prevalencia de desnutrición crónica que es un determinante en la calidad de vida. Es imperante la implementación de políticas públicas adecuadas que permitan profundizar en las causas de este flagelo y así mismo en su tratamiento.