The principal-agent matching market

We propose a model based on competitive markets in order to analyze an economy with several principals and agents. We model the principal-agent economy as a two-sided matching game and characterize the set of stable outcomes of this principal-agent matching market. A simple mechanism to implement the set of stable outcomes is proposed. Finally, we put forward examples of principal-agent economies where the results fit into.

Asymmetries in the capacity-inflation trade-off

This paper analyzes the joint dynamics of two key macroeconomic variables for the conduct of monetary policy: inflation and the aggregate capacity utilization rate. An econometric procedure useful for estimating dynamic rational expectation models with unobserved components is developed and applied in this context. The method combines the flexibility of the unobserved components approach, based on the Kalman recursion, with the power of the general method of moments estimation procedure. A 'hyb id' Phillips curve relating inflation to the capacity utilization gap and incorporating forward and backward looking components is estimated. The results show that such a relationship in non-linear: the slope of the Phillips curve depends significantly on the magnitude of the capacity gap. These findings provide support for studying the implications of asymmetricmonetary policy rules.

An analysis of strategic paths through the decomposition of total factor productivity: the case of Spanish savings banks

The Spanish savings banks attracted quite a considerable amount of interest within the scientific arena, especially subsequent to the disappearance of the regulatory constraints during the second decade of the 1980s. Nonetheless, a lack of research identified with respect to mainstream paths given by strategic groups, and the analysis of the total factor productivity. Therefore, on the basis of the resource-based view of the firm and cluster analysis, we make use of changes in structure and performance ratios in order to identify the strategic groups extant in the sector. We attain a threeways division, which we link with different input-output specifications defining strategic paths. Consequently, on the basis of these three dissimilar approaches we compute and decompose a Hicks-Moorsteen total factor productivity index. Obtained results put forward an interesting interpretation under a multi-strategic approach, together with the setbacks of employing cluster analysis within a complex strategic environment. Moreover, we also propose an ex-post method of analysing the outcomes of the decomposed total factor productivity index that could be merged with non-traditional techniques of forming strategic groups, such as cognitive approaches.

La Inversión española en el extranjero (1993-2005). Origen regional: análisis y evolución

A nivel mundial, en las últimas tres décadas, la inversión directa ha experimentado un desarrollo espectacular. Los datos de la UNCTAD muestran como, entre 1970 y 2005, los flujos de inversión emitida crecieron más de un quinientos por cien. A pesar que, para el conjunto del periodo estos incrementos inversión fueron continuados, hay que diferenciar cuatro etapas. Hasta principios de los ochenta, el volumen no era excesivamente elevado, pero las tasas de incremento mostraban una tendencia cada vez mayor en el desarrollo de la inversión a nivel mundial. Entre mediados de los ochenta y noventa, los flujos empezaron a crecer de forma más notable y sostenida. El boom inversor se produjo, sobretodo, a partir de los cuatro últimos años del siglo veinte, cuando la inversión creció a un ritmo espectacular; con tasas de incremento anual que en algunos años (como el de 1999) rozaron el sesenta por ciento. Tras el inicio del siglo XXI, la inversión directa se ralentizó. Entre los años 2001 y 2005 las salidas de capital disminuyeron y, aunque se mantuvieron en niveles ciertamente altos en comparación con el conjunto del periodo, fueron sensiblemente más bajos que los registrados a finales de la década de los noventa. El incremento general de este tipo de movimientos internacionales de capital, iniciado, sobretodo, a partir de la década de los ochenta y eclosionado a mediados de los noventa tuvo origen en un contexto de progresiva y paulatina liberalización de las relaciones económicas a nivel mundial; en transformaciones institucionales de gran calado en prácticamente todas las economías del mundo, y en un contexto de fuerte crecimiento económico impulsado, en gran parte, por el desarrollo tecnológico de la llamada "nueva economía".

Anatomy and histology of Embolyntha batesi MacLahlan, 1877 (Embiidina)

The Embioptera are rather generalized insects whose internal anatomy is simple and not subject to great modifications. For this reason these insects form an ideal group for elementary anatomical and histological studies (fig. 2). The digestive tract is a long, simple tube without convolutions or diverticulae from the buccal cavity to the rectum. The buccal structures are of the chewing type. The oesophagus and ingluvia are differentiated only by slight dilation of their walls. In nymphs and females the proventriculus is very distinct due to folds which flatten as the structure becomes packed with food. The enteron is the largest in such forms and in both sexes limited caudally by the Malpighian tubules. The proctodeus has six large rectal papillae. The nervous system is complete with only the fifth abdominal segment lacking a ganglion in the metathorax includes the ganglion of the first abdominal segment. The brain exhibits very clear structure in histological sections. The tracheal system includes two pairs of thoracic spiracles and eight abdominal pairs. Only th metathoracic spiracle has an air expiration function; all others serve for inspiration. Various structures in the spiracles protect the atrium. The circulatory system includes a long, simple dorsal vessel which extends forward from the ninth abdominal segment into the cranium. It opens anteriorly near the circumoesophageal connectives. The dorsal vessel has a pair of ostia and valves corresponding to each abdominal and thoracic segment. It lacks the diverticulae or folds commonly found in more highly evolved insects. The excretory system is represented by Malphighian tubules, pericardial cells, and fat-body. The number and disposition of Malpighian tubules is variable within the order. The pericardial cells are localized around the entire dorsal vessel up to the opening of the aorta in the head. The fat-bodies form compact layers in the dorsal and ventral regions of the body. In males they are more developed in the abdominal region. The mandibles, maxillae, and salivary glands are of a simple type with very few cytological modifications. Only the salivary glands which extend into the mesothoracic region show appreciable specialization. The reproductive system is bi-sixual and shows considerable sexual dimorphism. Males have five pair of testes with a metameric disposition, two distinct ducts, two epidymis, and the ejaculatory organs. The accessory glands vary in number and size and open in the anterior portion of the ejaculatory duct. The female reproductive organs are of the panoistic type. The system includes five pairs of ovarioles, two long paired oviducts a small, unpaired oviduct and the spermatheca which opens in the vagina. Reproduction usually involves a union of male and female gametes, and eggs are usually laid in clusters attached to a substrate.

The Experience of European Integration and the Potential for Integration in South America

The experience of the European Union is the most significant and far-reaching among all attempts at regional integration. It is, therefore, the most likely to provide some lessons for those world regions that are just beginning this complex process. In turn, the Common Market of the South (MERCOSUR) and the Andean Community (CAN) are among the regional integration projects that have reached the greatest level of formal accomplishment after the EU. MERCOSUR is a customs union that aspires to become a common market, while avowing the commitment to advance towards political integration. For its part, CAN is a customs union that has already developed supranational institutions such as a Commission, a Parliament and a Court of Justice. In both cases, however, words have progressively tended to wander far from deeds. One reason underlying this phenomenon may be a misunderstanding of the European experience with integration. In this article, we discuss the theories that have been developed to account for integration in Europe and may prove useful to understand integration elsewhere and put forward a set of lessons that could be drawn from the European experience. Subsequently, we introduce a description of the experience of integration in South America and reflect (critically) on how the theories and lessons drawn from the EU could be applied to this region –and beyond.

Refrigeración de invernaderos I: Ventilación natural

La ventilación influye en el clima del invernadero, afectando en gran manera a la temperatura interna, al régimen de humedad y al nivel de concentración de CO2 . La ventilación natural, aquella que tiene como motor bien el viento externo o bien la diferencia de temperatura entre el invernadero y el aire exterior, está mas extendida que la ventilación mecánica o forzada, fundamentalmente por el menor costo de instalación y mantenimiento. Después de un breve repaso a la teoría de la ventilación natural, se discuten las tasas de ventilación de algunos invernaderos arquetipos, como el modelo Venlo de cristal, el multitúnel y el parral almeriense. Se aportan datos de ventilación con las ventanas orientadas de cara al viento (barlovento) y de espaldas al mismo (sotavento). En los casos estudiados, la ventilación a barlovento es más eficaz que la de sotavento. Para los invernaderos multitúneles y parral se discute la reducción de ventilación ocasionada por las mallas contra insectos. Finalmente se discuten los factores que influyen sobre el coeficiente de descarga de las ventanas y se aportan algunas sugerencias para aumentar el intercambio de aire del invernadero.

Determinación de periodos de engorde de Octopus vulgaris en el Delta del Ebro: Rango térmico óptimo

Se ha realizado un estudio sobre los efectos de la temperatura en el crecimiento de O. vulgaris en tanque en tierra, con el fin de trasladar esta información a un posible futuro cultivo de esta especie en la bahía dels Alfacs. Se incide en los efectos que las temperaturas extremas tienen sobre las tasas de ingestión relativa, el crecimiento absoluto y relativo y la supervivencia. Los resultados indican como rango óptimo de alimentación y crecimiento el comprendido entre 15-24ºC.

Loss of Cutaneous TSLP-Dependent Immune Responses Skews the Balance of Inflammation from Tumor Protective to Tumor Promoting.

Inflammation can promote or inhibit cancer progression. In this study we have addressed the role of the proinflammatory cytokine thymic stromal lymphopoietin (TSLP) during skin carcinogenesis. Using conditional loss- and gain-of-function mouse models for Notch and Wnt signaling, respectively, we demonstrate that TSLP-mediated inflammation protects against cutaneous carcinogenesis by acting directly on CD4 and CD8 T cells. Genetic ablation of TSLP receptor (TSLPR) perturbs T-cell-mediated protection and results in the accumulation of CD11b(+)Gr1(+) myeloid cells. These promote tumor growth by secreting Wnt ligands and augmenting β-catenin signaling in the neighboring epithelium. Epithelial specific ablation of β-catenin prevents both carcinogenesis and the accumulation of CD11b(+)Gr1(+) myeloid cells, suggesting tumor cells initiate a feed-forward loop that induces protumorigenic inflammation.

From e-voting to smart-voting : e-Tools in and for elections and direct democracy in Switzerland

To what extent do and could e-tools contribute to a democracy like Switzerland? This paper puts forward experiences and visions concerning the application of e-tools for the most traditional democratic processes- elections and, of special importance in Switzerland, direct-democratic votes.Having the particular voting behaviour of the Swiss electorate in mind (low voter turnout - especially among the youngest age group, low political knowledge, etc.) we believe that e-tools which provide information in the forefront of elections or direct-democratic votes offer an enormous service to the voter. As soon as e-voting will be possible in Switzerland (as planned by the government), those e-tools for gathering information online will become indispensable and will gain power enormously. Therefore political scientists should not only focus on potential effects of e-voting itself but rather on the combination of (connected)e-tools of the pre-voting and the voting sphere. In the case of Switzerland, we argue in this paper, the offer of VAAs such as smartvote for elections and direct-democratic votes can provide the voter with more balanced and qualitatively higher information and thereby make a valuable contribution to the Swiss democracy.

Codificación a nivel de paquete para comunicaciones móviles por satélite

Una de les opcions que es contemplen per transmetre continguts multimèdia i proporcionar accés a Internet a grups de usuaris mòbils és fer servir satèl·lits. Les condiciones de propagació del canal mòbil impliquen que d'una manera o altra haurem de garantir la qualitat de servei. Això té fins i tot més importància si tenim en compte que, en el cas d'accés a Internet, no es té la capacitat d'assumir cert percentatge de pèrdua de dades que tenim, per exemple, en la transmissió de so o vídeo (rebaixant la qualitat). Entre les principals alternatives per a aquesta classe d’entorns es troba la inclusió de codificacions a nivell de paquet. El funcionament d'aquesta tècnica es basa en incloure a la transmissió paquets redundants, obtinguts mitjançant un determinat algoritme. El receptor podrà recuperar la informació original que es volia enviar, sempre que hagi rebut una certa quantitat de paquets, similar a la quantitat de paquets originals. A aquest mecanisme se'l coneix com Forward Error Correction (FEC) a nivell de paquet. En aquesta memòria es valoren breument les alternatives existents i s'expliquen algunes de les codificacions per a FEC més importants. A continuació es realitza un estudi compartiu d’algunes d'elles: les variants de LDPC (Low Density Parity Check) conegudes com LDGM (Low Density Generator Matrix), i la codificació Raptor

Estadisticas vitales de Rhodnius neivai Lent, 1953 (Hemiptera: Reduviidae) en condiciones experimentales

Se siguieron seis cohortes de Rhodnius neivai en el laboratorio a fin de evaluar estadisticamente su dinámica poblacional. Utilizamos dos fuentes alimentarias: gallina y conejo. Determinamos percentaje e eclosión de huevos, mortalidad y tiempo de desarrollo ninfal, longevidad y mortalidad edad-específica de adultos, fecundidad y fertilidad edad-especifica de hembras. Igualmente, evaluamos algunos parámetros poblacionales, como expectativa de vida, tasa intínseca de crecimiento natural, tasa neta de reporducción, tasa finita de crecimiento, valor reproductivo y distribución estable de edades. La duración del ciclo de vida fue mayor en los animales alimentados en conejo, la supervivencia ninfal fue ligeramente mayor en los individuos alimentados en gallina. La reproducción se inició antes en los ejemplares alimentados en gallina, pero el rendimiento reproductivo y la duración de la ovoposición fueron mayores en los alimentados en conejo. Las tasas intrínseca y finita de crecimientofueron mayores en los triatominos alimentados en gallina. El tiempo generacional fue ligeramente mayor en las cohortes alimentadas en conejo. La tasa neta de reproducción fue muy similar con ambas fuentes alimentarias, aunque ligeramente mayor en los ejemplares alimentados en conejo. El valor reproductivo en los alimentados en conejo fue el doble que en los insectos alimentados en gallina.

Quantification of aortic flow by phase-contrast magnetic resonance in patients with bicuspid aortic valve.

AIMS: Bicuspid aortic valve (BAV) causes complex flow patterns in the ascending aorta (AAo), which may compromise the accuracy of flow measurement by phase-contrast magnetic resonance (PC-MR). Therefore, we aimed to assess and compare the accuracy of forward flow measurement in the AAo, where complex flow is more dominant in BAV patients, with flow quantification in the left ventricular outflow tract (LVOT) and the aortic valve orifice (AV), where complex flow is less important, in BAV patients and controls. METHODS AND RESULTS: Flow was measured by PC-MR in 22 BAV patients and 20 controls at the following positions: (i) LVOT, (ii) AV, and (iii) AAo, and compared with the left ventricular stroke volume (LVSV). The correlation between the LVSV and the forward flow in the LVOT, the AV, and the AAo was good in BAV patients (r = 0.97/0.96/0.93; P < 0.01) and controls (r = 0.96/0.93/0.93; P < 0.01). However, in relation with the LVSV, the forward flow in the AAo was mildly underestimated in controls and much more in BAV patients [median (inter-quartile range): 9% (4%/15%) vs. 22% (8%/30%); P < 0.01]. This was not the case in the LVOT and the AV. The severity of flow underestimation in the AAo was associated with flow eccentricity. CONCLUSION: Flow measurement in the AAo leads to an underestimation of the forward flow in BAV patients. Measurement in the LVOT or the AV, where complex flow is less prominent, is an alternative means for quantifying the systolic forward flow in BAV patients.

Recepción y difusión internacionales de Mercè Rodoreda: obra original, crítica y traducción

RESUM Recepción y difusión internacionales de Mercè Rodoreda: obra original, crítica y traducción té per objecte determinar la recepció i la difusió de l’obra original de Mercè Rodoreda, així com de l’obra crítica i de les traduccions, en el context internacional a partir de la interpretació de quatre bases de dades: obra literària de Mercè Rodoreda, obra crítica de Mercè Rodoreda i la seva obra, traductors i traduccions en funció de la llengua i de l’obra i, per últim, presència documental de Mercè Rodoreda a les Biblioteques Nacionals del món. El treball de recerca s’estructura de la següent manera. En primer lloc, plantegem i delimitem el tema, els objectius, la metodologia i la descripció de les bases de dades. Acte seguit, interpretem les bases de dades i exposem algunes consideracions. A continuació, presentem les conclusions finals que hem desenvolupat en cadascun dels àmbits en els que se centra la nostra recerca, així com el projecte de tesi doctoral i les noves línies de recerca. Per últim, exposem la bibliografia i els annexes, en els que incloem les bases de dades i reproduim els estudis traductològics comentats en el treball. Amb l’elaboració d’aquest treball de recerca pretenem, entre d’altres, donar a conèixer els gèneres literaris que va cultivar Mercè Rodoreda; recopilar l’obra crítica al voltant de l’autora i distingir la seva temàtica per determinar el nombre d’estudis crítics sobre traducció; identificar quins títols de l’obra de Mercè Rodoreda s’han traslladat a altres llengües, així com confirmar quina és l’obra més traduïda i quines les llengües a les que s’ha traslladat la seva obra; i, per últim, constatar la presència d’obres originals, estudis crítics i traduccions a les Biblioteques Nacionals del món i identificar-ne les possibles àrees d’expansió.

Peroxisomal beta-oxidation--a metabolic pathway with multiple functions.

Fatty acid degradation in most organisms occurs primarily via the beta-oxidation cycle. In mammals, beta-oxidation occurs in both mitochondria and peroxisomes, whereas plants and most fungi harbor the beta-oxidation cycle only in the peroxisomes. Although several of the enzymes participating in this pathway in both organelles are similar, some distinct physiological roles have been uncovered. Recent advances in the structural elucidation of numerous mammalian and yeast enzymes involved in beta-oxidation have shed light on the basis of the substrate specificity for several of them. Of particular interest is the structural organization and function of the type 1 and 2 multifunctional enzyme (MFE-1 and MFE-2), two enzymes evolutionarily distant yet catalyzing the same overall enzymatic reactions but via opposite stereochemistry. New data on the physiological roles of the various enzymes participating in beta-oxidation have been gathered through the analysis of knockout mutants in plants, yeast and animals, as well as by the use of polyhydroxyalkanoate synthesis from beta-oxidation intermediates as a tool to study carbon flux through the pathway. In plants, both forward and reverse genetics performed on the model plant Arabidopsis thaliana have revealed novel roles for beta-oxidation in the germination process that is independent of the generation of carbohydrates for growth, as well as in embryo and flower development, and the generation of the phytohormone indole-3-acetic acid and the signal molecule jasmonic acid.