Georreferenciamento em imóveis rurais: métodos de levantamentos na aplicação da Lei 10.267/2001

Pós-graduação em Agronomia (Energia na Agricultura) - FCA

Estudo da sinistralidade no mercado securitário de veículos: uma abordagem multivariada

Pós-graduação em Engenharia de Produção - FEB

The current financial and economic crisis: empirical and methodological issues

In this paper we describe the main causes of the recent financial crisis as a result of many theoretical, methodological, and practical shortcomings mostly according to heterodox, but also including some important orthodox economists. At theoretical level, there are problems concerning teaching and using economic models with overly unrealistic assumptions. In the methodological front, we find the unsuspected shadow of Milton Friedman’s ‘unrealisticism of assumptions’ thesis lurking behind the construction of this kind of models and the widespread neglect of methodological issues. Of course, the most evident shortcomings are at the practical level: (i) huge interests of the participants in the financial markets (banks, central bankers, regulators, rating agencies mortgage brokers, politicians, governments, executives, economists, etc. mainly in the US, Canada and Europe, but also in Japan and the rest of the world), (ii) in an almost completely free financial and economic market, that is, one (almost) without any regulation or supervision, (iii) decision-taking upon some not well regarded qualities, like irresponsibility, ignorance, and inertia; and (iv) difficulties to understand the current crisis as well as some biases directing economic rescues by governments. Following many others, we propose that we take this episode as an opportunity to reflect on, and hopefully redirect, economic theory and practice.

The Law and Economics of Hedge Fund Regulation: A Comparison between the U.S. and the EU

This doctoral dissertation seeks to assess and address the potential contribution of the hedge fund industry to financial instability. In so doing, the dissertation investigates three main questions. What are the contributions of hedge funds to financial instability? What is the optimal regulatory strategy to address the potential contribution of hedge funds to financial instability? And do new regulations in the U.S. and the EU address the contribution of hedge funds to financial instability? With respect to financial stability concerns, it is argued that despite their benefits, hedge funds can contribute to financial instability. Hedge funds’ size and leverage, their interconnectedness with Large Complex Financial Institutions (LCFIs), and the likelihood of herding behavior in the industry can potentially undermine financial stability. Nonetheless, the data on hedge funds’ size and leverage suggest that these features are far from being systemically important. In contrast, the empirical evidence on the interconnectedness of hedge funds with LCFIs and their herding behavior is mixed. Based on these findings, the thesis focuses on one particular aspect of hedge fund regulation: direct vs. indirect regulation. In this respect, a major contribution of the thesis to the literature consists in the explicit discussion of the relationships between hedge funds and other market participants. Specifically, the thesis locates the domain of the indirect regulation in the inter-linkages between hedge funds and prime brokers. Accordingly, the thesis argues that the indirect regulation is likely to address the contribution of hedge funds to systemic risk without compromising their benefits to financial markets. The thesis further conducts a comparative study of the regulatory responses to the potential contribution of hedge funds to financial instability through studying the EU Directive on Alternative Investment Fund Managers (AIFMD) and the hedge fund-related provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The Presidential Institution in Bulgaria, Albania and Romani: An Attempt at Comparison"

Bulgaria, Albania and Romania are all parliamentary republics with a president as head of state. Although the Albanian president is elected by Parliament, he is arguably the strongest of the three, both in terms of the powers allowed by the provisional constitution and of Mr. Berisha's political practice. The constitutional reform underway in the country will however change the status quo. In Bulgaria and Romania the presidents are elected directly by popular vote, but their powers are relatively small as compared to the democratic legitimisation implied by direct elections. Actual presidential powers should however be assessed with caution as some of them are set by law or interpretations of constitutional texts, rather than by the constitutions themselves. There is also variation in the degree to which the presidents in office have exploited their constitutional powers or taken their role as non-aligned political brokers seriously. Mr. Berisha, in particular, was in control of party politics throughout his presidency and was one of the most polarising influences on public opinion. The excessive political polarisation in all three countries has however its own logic and power. Thus Mr. Zhelev invariably supported the emergence of a political centre in Bulgaria, but this did not succeed and the policy was as damaging to his political career as the fight with would-be centrists was to Berisha's. Political practice in all three countries seems to need a presidential figure. This adds flexibility to a situation governed by hostile and mutually suspicious parties, stuck parliaments and weak or inexperienced governments. The presidents also command considerable influence on public opinion. Public opinion in Bulgaria, for example, largely supports the idea of greater power for the president, in contrast with the opinions of constitutionalists and other law-makers in the country. Under the legacy of the past, the people have a love-hate relationship with such paternalist figures. Presidents personalise politics in the public mind, but they can also become scapegoats for political failures.

Property Condition Disclosure Law: Does 'Seller Tell All' Matter in Property Values?

At the time when at least two-thirds of the US states have already mandated some form of seller's property condition disclosure statement and there is a movement in this direction nationally, this paper examines the impact of seller's property condition disclosure law on the residential real estate values, the information asymmetry in housing transactions and shift of risk from buyers and brokers to the sellers, and attempts to ascertain the factors that lead to adoption of the disclosur law. The analytical structure employs parametric panel data models, semi-parametric propensity score matching models, and an event study framework using a unique set of economic and institutional attributes for a quarterly panel of 291 US Metropolitan Statistical Areas (MSAs) and 50 US States spanning 21 years from 1984 to 2004. Exploiting the MSA level variation in house prices, the study finds that the average seller may be able to fetch a higher price (about three to four percent) for the house if she furnishes a state-mandated seller's property condition disclosure statement to the buyer.

The Impact of Property Condition Disclosure Laws on Housing Prices: Evidence from an Event Study using Propensity Scores

We examine the impact of seller's Property Condition Disclosure Law on the residential real estate values. A disclosure law may address the information asymmetry in housing transactions shifting of risk from buyers and brokers to the sellers and raising housing prices as a result. We combine propensity score techniques from the treatment effects literature with a traditional event study approach. We assemble a unique set of economic and institutional attributes for a quarterly panel of 291 US Metropolitan Statistical Areas (MSAs) and 50 US States spanning 21 years from 1984 to 2004 is used to exploit the MSA level variation in house prices. The study finds that the average seller may be able to fetch a higher price (about three to four percent) for the house if she furnishes a state-mandated seller.s property condition disclosure statement to the buyer. When we compare the results from parametric and semi-parametric event analyses, we find that the semi-parametric or the propensity score analysis generals moderately larger estimated effects of the law on housing prices.

A stakeholder analysis of the Texas Youth Commission issue for the Texas 80th Legislative Session

The following is a policy analysis based on the Advocacy Coalition Framework by Paul Sabatier. The study question was who were the stakeholders in the legislative process for the issue of the Texas Youth Commission (TYC) overhaul during the Texas 80th Legislative Session. This analysis included the stakeholders identifying characteristics including beliefs and interests, goals and resources, and finally, the winning legislative solutions as embodied in three bills that were passed. The study linked the stakeholders with three bills and expanded on the literature for the stakeholder group of Policy Brokers. The conclusions were that all stakeholders including Youth Advocates, the Policy People and Policy Brokers were effective in advancing legislative solutions to address the need for an agency overhaul of TYC and that the three new policies will be evaluated in the future as either short term change or long-term reforms based on their implementation. ^

Tensiones, contradicciones y disputas: Guaraníes y ONG´S de desarrollo en el Noroeste argentino. En: Avá, nº 18

Desde la década del noventa hasta la actualidad, gran cantidad de comunidades indígenas del noroeste argentino se han convertido en foco de una serie de acciones impulsadas por técnicos, ONG´s y programas de desarrollo. Este artículo se centra en el encuentro entre comunidades guaraníes y técnicas de una ONG con el fin de indagar cómo a nivel local las interacciones entre estos actores producen una serie de tensiones, contradicciones y disputas en torno al poder, conocimientos, valores e intereses. Para dar cuenta de las discontinuidades que entretejen a estos mundos-vidas, adopto la noción de interfase propuesta por Long. Asimismo, es un objetivo de este trabajo analizar a las técnicas del desarrollo en términos de brokers y reflexionar sobre cómo a través de sus mediaciones reproducen representaciones y relaciones jerárquicas de dominación como las que existieron entre los misioneros franciscanos y guaraníes. Adopto una perspectiva antropológica y etnohistórica privilegiando una contextualización histórica, cultural e identitaria de los guaraníes.

Caciques, autoridades fronterizas y lenguaraces: intermediarios culturales e interlocutores válidos en Buenos Aires (primera mitad del siglo XIX)

El objetivo de este trabajo es acercarnos al conocimiento de los intermediarios culturales que habitaron el espacio fronterizo bonaerense en la primera mitad del siglo XIX. La elección de este período se fundamenta en que a lo largo del mismo se transitó por una compleja relación interétnica que derivó, a fines de la década de 1820, en la aplicación de una política indígena muy particular por parte del gobierno de Buenos Aires. Esta llevó, por un lado, al asentamiento de grupos nativos dentro del espacio provincial y, por otro, al establecimiento de alianzas con otras agrupaciones. Las cotidianas y constantes relaciones interétnicas que debieron llevarse a cabo a raíz de este proceso, produjeron la aparición de un gran número de personajes "intermediarios".

Caciques, autoridades fronterizas y lenguaraces: intermediarios culturales e interlocutores válidos en Buenos Aires (primera mitad del siglo XIX)

El objetivo de este trabajo es acercarnos al conocimiento de los intermediarios culturales que habitaron el espacio fronterizo bonaerense en la primera mitad del siglo XIX. La elección de este período se fundamenta en que a lo largo del mismo se transitó por una compleja relación interétnica que derivó, a fines de la década de 1820, en la aplicación de una política indígena muy particular por parte del gobierno de Buenos Aires. Esta llevó, por un lado, al asentamiento de grupos nativos dentro del espacio provincial y, por otro, al establecimiento de alianzas con otras agrupaciones. Las cotidianas y constantes relaciones interétnicas que debieron llevarse a cabo a raíz de este proceso, produjeron la aparición de un gran número de personajes "intermediarios".

Caciques, autoridades fronterizas y lenguaraces: intermediarios culturales e interlocutores válidos en Buenos Aires (primera mitad del siglo XIX)

El objetivo de este trabajo es acercarnos al conocimiento de los intermediarios culturales que habitaron el espacio fronterizo bonaerense en la primera mitad del siglo XIX. La elección de este período se fundamenta en que a lo largo del mismo se transitó por una compleja relación interétnica que derivó, a fines de la década de 1820, en la aplicación de una política indígena muy particular por parte del gobierno de Buenos Aires. Esta llevó, por un lado, al asentamiento de grupos nativos dentro del espacio provincial y, por otro, al establecimiento de alianzas con otras agrupaciones. Las cotidianas y constantes relaciones interétnicas que debieron llevarse a cabo a raíz de este proceso, produjeron la aparición de un gran número de personajes "intermediarios".

Contribution to integration and coordination mechanisms for mobile distributed services in publish/subscribe networks

Esta tesis doctoral está enmarcada en dos diferentes pero complementarias áreas de investigación: las redes de Publicación/Subscripción y los servicios móviles distribuidos. Con el paso de los años las redes de Publicación/Subscripción han ido ofreciendo el soporte de comunicaciones desacopladas y ligeras que a su vez, han mejorado la distribución de la información en muchos escenarios de aplicación como lo son la ejecución de servicios distribuidos en entornos fijos. Los servicios móviles distribuidos han de ser desplegados en ambientes inalámbricos en donde los dispositivos móviles deben confiar en las mismas características que las redes de Publicación/Subscripción han estado ofreciendo a sus contrapartes fijos. En este contexto, una de las líneas de investigación pendientes consiste en cómo tomar ventaja de estas características, y cómo avanzar hacia nuevas soluciones no existentes con el fin de mejorar la integración entre los dispositivos fijos y móviles, y la ejecución de los servicios móviles distribuidos. En esta tesis doctoral se pretende avanzar en los mecanismos de integración y coordinación de los servicios móviles distribuidos en el contexto de las redes de Publicación/Subscripción. Los objetivos específicos de esta disertación están enfocados en lograr la integración de los sistemas de Publicación/Suscripción fijos y móviles, y la pro-visión de una versión de red de Publicación/Subscripción específica y uniforme que cuente con mecanismos de coordinación que mejoren la ejecución de los servicios móviles distribuidos. Los resultados de esta tesis doctoral están enmarcados en una versión específica de una red de Publicación/Subscripción que integra brokers fijos y móviles, y permite una coordinación totalmente desacoplada y mejorada entre dispositivos móviles que ejecutan fragmentos de servicios. Las contribuciones específicas son las siguientes: una nueva arquitectura de broker móvil que he llamado Rendezvous Mobile broker, un modelo abstracto de servicios móviles distribuidos coordinados sobre una red de Publicación/Subscripción, mejoras en los mecanismos de enrutamiento epidémicos para diseminar eventos de control producidos por fragmentos de servicios, una solución para soportar servicios altamente fragmentados y geográficamente dispersos, y finalmente una solución de interconexión entre dos dominios de red basados en Publicación/Subscripción: una red basada en el protocolo PubSubHubbub y otro en una red basada en el Publish/Subscribe Internet Routing Paradigm (PSIRP). Los experimentos llevados a cabo confirman que la versión específica de red de Pu-blicación/Subscripción propuesta incrementa el rendimiento de la red en términos de tiempo de espera entre nodos finales, permite una coordinación de los servicios móviles distribuidos más resistente a interrupciones y un mejor uso de los recursos de red, y finalmente logra exitosamente, con variaciones mínimas en el rendimiento de las comunicaciones, la interconexión entre estos dominios de Publicación/Subscripción diferentes. ABSTRACT This dissertation is made up of two different but complementary research areas: Publish/Subscribe networks and mobile distributed services. Over the years, Publish/Subscribe networks have been offering the lightweight and decoupled communication characteristics to improve the information distribution in several application domains such as the execution of distributed services. Mobile distributed services are set to be deployed in wireless environments where mobile devices must rely on the same features Publish/Subscribe networks can offer; so one of the pending research directions consists of how to take advantage of these features and further advance to-wards new un-existing solutions that enhance the integration between mobile and fixed systems and the execution of mobile distributed services. This dissertation seeks to advance the integration and coordination mechanisms of mobile distributed services in the context of Publish/Subscribe networks. The specific objectives aim to enable the integration of mobile and fixed Publish/Subscribe systems and provide a uniform and specific version of a Publish/Subscribe network with new coordination mechanisms that improve the execution of mobile distributed services. The results of this dissertation are enclosed in one specific version of a Publish/Subscribe network that integrates mobile and fixed brokers and coordinates the execution of mobile distributed services. These specific contributions are: a new architecture of a mobile broker I called Rendezvous Mobile Broker, an abstract model for coordinating mobile distributed services executions using a Publish/Subscribe net-work, new gossip routing solutions to disseminate events of services, mechanisms to support highly partitioned and geographically dispersed services and finally, an inter-networking solution between two Publish/Subscribe domains: a PubSubHubbub-based network and the Publish/Subscribe Internet Routing Paradigm (PSIRP)-based network. The experimental efforts confirm that the specific version of the Publish/Subscribe proposed in this dissertation improves the performance of the overall network in terms of end-to-end delay, enables a more resilience execution of mobile distributed services, a better usage of the existing network resources, and finally successfully achieves, with minor variations in the network performance, the internetworking between two different Publish/Subscribe domains.

Explicit context matching in content-based publish/subscribe systems

Although context could be exploited to improve performance, elasticity and adaptation in most distributed systems that adopt the publish/subscribe (P/S) communication model, only a few researchers have focused on the area of context-aware matching in P/S systems and have explored its implications in domains with highly dynamic context like wireless sensor networks (WSNs) and IoT-enabled applications. Most adopted P/S models are context agnostic or do not differentiate context from the other application data. In this article, we present a novel context-aware P/S model. SilboPS manages context explicitly, focusing on the minimization of network overhead in domains with recurrent context changes related, for example, to mobile ad hoc networks (MANETs). Our approach represents a solution that helps to efficiently share and use sensor data coming from ubiquitous WSNs across a plethora of applications intent on using these data to build context awareness. Specifically, we empirically demonstrate that decoupling a subscription from the changing context in which it is produced and leveraging contextual scoping in the filtering process notably reduces (un)subscription cost per node, while improving the global performance/throughput of the network of brokers without fltering the cost of SIENA-like topology changes.

Planificación multinivel eficiente con aprovisionamiento dinámico en grids y clouds

La consolidación de las grandes infraestructuras para la Computación Distribuida ha resultado en una plataforma de Computación de Alta Productividad que está lista para grandes cargas de trabajo. Los mejores exponentes de este proceso son las federaciones grid actuales. Por otro lado, la Computación Cloud promete ser más flexible, utilizable, disponible y simple que la Computación Grid, cubriendo además muchas más necesidades computacionales que las requeridas para llevar a cabo cálculos distribuidos. En cualquier caso, debido al dinamismo y la heterogeneidad presente en grids y clouds, encontrar la asignación ideal de las tareas computacionales en los recursos disponibles es, por definición un problema NP-completo, y sólo se pueden encontrar soluciones subóptimas para estos entornos. Sin embargo, la caracterización de estos recursos en ambos tipos de infraestructuras es deficitaria. Los sistemas de información disponibles no proporcionan datos fiables sobre el estado de los recursos, lo cual no permite la planificación avanzada que necesitan los diferentes tipos de aplicaciones distribuidas. Durante la última década esta cuestión no ha sido resuelta para la Computación Grid y las infraestructuras cloud establecidas recientemente presentan el mismo problema. En este marco, los planificadores (brokers) sólo pueden mejorar la productividad de las ejecuciones largas, pero no proporcionan ninguna estimación de su duración. La planificación compleja ha sido abordada tradicionalmente por otras herramientas como los gestores de flujos de trabajo, los auto-planificadores o los sistemas de gestión de producción pertenecientes a ciertas comunidades de investigación. Sin embargo, el bajo rendimiento obtenido con estos mecanismos de asignación anticipada (early-binding) es notorio. Además, la diversidad en los proveedores cloud, la falta de soporte de herramientas de planificación y de interfaces de programación estandarizadas para distribuir la carga de trabajo, dificultan la portabilidad masiva de aplicaciones legadas a los entornos cloud...