A DSGE model with loss aversion in consumption and leisure: an explanation for business cycles asymmetries

In this chapter, an asymmetric DSGE model is built in order to account for asymmetries in business cycles. One of the most important contributions of this work is the construction of a general utility function which nests loss aversion, risk aversion and habits formation by means of a smooth transition function. The main idea behind this asymmetric utility function is that under recession the agents over-smooth consumption and leisure choices in order to prevent a huge deviation of them from the reference level of the utility; while under boom, the agents simply smooth consumption and leisure, but trying to be as far as possible from the reference level of utility. The simulations of this model by means of Perturbations Method show that it is possible to reproduce asymmetrical business cycles where recession (on shock) are stronger than booms and booms are more long-lasting than recession. One additional and unexpected result is a downward stickiness displayed by real wages. As a consequence of this, there is a more persistent fall in employment in recession than in boom. Thus, the model reproduces not only asymmetrical business cycles but also real stickiness and hysteresis.

Inglés y ocio : english and leisure. Actividades formativas complementarias.

Se recogen actividades llevadas a cabo con alumnos de Educación Infantil y Primaria para la enseñanza del inglés dentro de las actividades formativas complementarias. El contenido se estructura en tres apartados: 'Cuentos', en el que se incluyen tres relatos y actividades sobre los mismos; 'Juegos', en el que se recogen iniciativas lúdicas para la enseñanza del idioma e 'Inglés en la red', que promueve el uso de Internet como una herramienta para la enseñanza de la lengua inglesa.

Arts and crafts around the world.

Diseñado para la lectura compartida de toda la clase. Los diseños de las páginas y el texto permiten la máxima claridad y legibilidad. Habla de las diferentes artes y artesanías de todo el mundo y cómo podemos hacerlas nosotros.

The Importance of Work, Family and Leisure among Girls Finishing Compulsory Education

Resumen basado en el de la publicación

Toward a pedagogy of advanced studies in the University : the production of an inventive academic writing in the Social Sciences, Arts and Humanities

Resumen basado en el de la publicaci??n

RES 012. Research methods in the arts and humanities. First edition

A training course that forms part of Epigeum's Research Skills Master Programme.

Embedding arts and humanities in the creative economy: the role of graduates in the UK

The recent change in funding structure in the UK higher education system has fuelled an animated debate about the role that arts and humanities (A&H) subjects play not only within higher education but more broadly in the society and the economy. The debate has engaged with a variety of arguments and perspectives, from the intrinsic value of A&H, to their contribution to the broader society and their economic impact, particularly in relation to the creative economy, through knowledge exchange activities. The paper argues that in the current debate very little attention has been placed on the role that A&H graduates play in the economy, through their work after graduation, and specifically in the creative economy. Using Higher Education Statistical Agency data, we analyse the performance of A&H graduates (compared with other graduates) and particularly explore how embedded they are with the creative economy and its associated industries. The results highlight a complex intersection of different subdisciplines of the A&H with the creative economy but also reveal the salary gap and unstable working conditions experienced by graduates in this field.

Emotions and the habitus: Young people with socio-emotional differences (re)producing social, emotional and cultural capital in family and leisure space-times

In this paper we explore the importance of emotionally inter-dependent relationships to the functioning of embodied social capital and habitus. Drawing upon the experiences of young people with socio-emotional differences, we demonstrate how emotionally inter-dependent and relatively nurturing relationships are integral to the acquisition of social capital and to the co-construction and embodiment of habitus. The young people presented in this paper often had difficulties in forging social relationships and in acquiring symbolic and cultural capital in school spaces. However, we outline how these young people (re)produce and embody alternative kinds of habitus, based on emotionally reciprocal relationships forged through formal and informal leisure activities and familial and fraternal social relationships. These alternative forms of habitus provide sites of subjection, scope for acquiring social and cultural capital and a positive sense of identity in the face of problematic relations and experiences in school spaces.

From the President: On the Liberal Arts and the Lesson of Steve Jobs

Colby President Bro Adams on Steve Jobs and the liberal arts.

Cross-sectional association between healthy and unhealthy food habits and leisure physical activity in adolescents

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)

Association between regular participation in sports and leisure time behaviors in Brazilian adolescents: A cross-sectional study

Coordenação de Aperfeiçoamento de Pessoal de Nível Superior (CAPES)