Conscious procreation: neo-malthusianism in southern Europe and Latin America in around 1900

One main concern of Ecological Economics is the balance between human population and natural resources. This is rightly named the Malthusian question because Malthus predicted that human populations, if unchecked, would grow exponentially while agricultural production (and other land-based productions) would be subject to decreasing returns to the labour input. This article shows that over one hundred years ago, there was in Europe and America a successful social movement that called itself Neo-Malthusianism. In contrast to Malthus’ pessimism, it believed that population growth could be stopped among the poor classes by voluntary decisions. Women were entitled to choose the number of children they wanted to have. The movement did not appeal to the State to impose restrictions on population growth. On the contrary, in Southern Europe it was based on "bottom up" activism against governments and the Catholic Church.

Os tricodectideos dos roedores (Mallophaga)

On sait que la plupart des mallophages vivant sur les rongeurs appartiennent à la famille Gyropidae; quelques uns, cependant, qui se trouvent sur les porcs-épics et les "pocket-gophers" d'Amerique, sont des trichodectidés. Au cours de nos travaux, nous avons eu l'opportunité non seulement de collectionner un grand nombre de ces derniers mais aussi d'examiner ceux qui font partie des collections déposées à l'Université de Stanford et au Muséum de Washington, y compris les types de plusieurs espèces. Nous nous sommes rendu compte en même temps, qu'il serait utile de publier un travail sur l'ensemble de ces patasites, dont l'étude laissait à désirer, et nous avons décidé la publication de nos recherches, sans espérer, évidemment, faire paraitre une oeuvre definitive. Nous avons apporté le plus grand soin à l'identification et à la description des anciennes espèces, de façon à permettre à ceux qui n'ont pas accès aux collections de poursuivre l'étude de ces mallophages sur des bases solides, sans engendrer la confusion causée par la description au hasard de nouvelles espèces. Et nous croyons avoir réussi le plus souvent. Certes, il nous a été impossible de reconnaitre Geomydoecus expansus; il y a des restrictions à faire au sujet de l'identification de Geomydoecus californicus, mais sur toutes les autres identifications il n'y a guère de doute.

The structural approach of a natrex model on equilibrium exchange rates

Following a general macroeconomic approach, this paper sets a closed micro-founded structural model to determine the long run real exchange rate of a developed economy. In particular, the analysis follows the structure of a Natrex model. The main contribution of this research paper is the development of a solid theoretical framework that analyse in depth the basis of the real exchange rate and the details of the equilibrium dynamics after any shock influencing the steady state. In our case, the intertemporal factors derived from the stock-flow relationship will be particularly determinant. The main results of the paper can be summarised as follows. In first place, a complete well-integrated structural model for long-run real exchange rate determination is developed from first principles. Moreover, within the concrete dynamics of the model, it is found that some convergence restrictions will be necessary. On one hand, for the medium run convergence the sensitivity of the trade balance to changes in real exchange rate should be higher that the correspondent one to the investment decisions. On the other hand, and regarding long-run convergence, it is also necessary both that there exists a negative relationship between investment and capital stock accumulation and that the global saving of the economy depends positively on net foreign debt accumulation. In addition, there are also interesting conclusions about the effects that certain shocks over the exogenous variables of the model have on real exchange rates.

Repeated games played in a network

Delayed perfect monitoring in an infinitely repeated discounted game is modelled by letting the players form a connected and undirected network. Players observe their immediate neighbors' behavior only, but communicate over time the repeated game's history truthfully throughout the network. The Folk Theorem extends to this setup, although for a range of discount factors strictly below 1, the set of sequential equilibria and the corresponding payoff set may be reduced. A general class of games is analyzed without imposing restrictions on the dimensionality of the payoff space. This and the bilateral communication structure allow for limited results under strategic communication only. As a by-product this model produces a network result; namely, the level of cooperation in this setup depends on the network's diameter, and not on its clustering coefficient as in other models.

Les coalicions polítiques a Catalunya. El cas del govern catalanista i d’esquerres

El fenomen coalicional ha anat guanyant centralitat arreu a mesura que s’ha assumit que els governs d’aquest signe no tenen per què ser febles i inestables. A Catalunya, que en aquest capítol se situa dins la més absoluta normalitat europea, aquest tipus d’aliances han esdevingut moneda corrent. Manejant l’utillatge propi de les teories multidimensionals, el present treball identifica els factors que han influït en la formació del denominat govern catalanista i d’esquerres (2003-2006), examinant la intervenció de les regles del joc del marc institucional, factors exògens com els media o els agents socials i econòmics, a més d’analitzar els processos de formació (negociació, document programàtic, protocols d’actuació), a més d’avaluar les conseqüències per als partits i el sistema polític en general.

Why did London become the main money market? Monetary Policy, Arbitrage and European Money Market Integration in 18th century

How did the leading capital market start to attract international bullion? Why did London become the main money market? Monetary regulations, including the charges for minting money and the restrictions on bullion exchange, have played the key role in defining the direction of the flow of international bullion. Countries that abolished minting charges and permitted the free movement of bullion were able to attract international bullion, and countries that applied minting taxes suffered an outflow of bullion. In these cases monetary authorities tried to limit bullion movement through prohibitions on domestic bullion exchange at a free price, and tariffs and quantitative restrictions on bullion exports. The paper illustrates the logic of international monetary flow in the 18th century, using empirical evidence for England, France and Spain. The first section defines and measures monetary policy, and the second section introduces minting charges into the arbitrage equation in order to explain the logic of bullion flow between the pairs of nations England-France, England-Spain and France-Spain. The conclusion emphasises the importance of monetary policy in the creation of leading money markets.

Strongly non-degenerate Lie algebras

Let A be a semiprime 2 and 3-torsion free non-commutative associative algebra. We show that the Lie algebra Der(A) of(associative) derivations of A is strongly non-degenerate, which is a strong form of semiprimeness for Lie algebras, under some additional restrictions on the center of A. This result follows from a description of the quadratic annihilator of a general Lie algebra inside appropriate Lie overalgebras. Similar results are obtained for an associative algebra A with involution and the Lie algebra SDer(A) of involution preserving derivations of A

Effects of competition over quality-adjusted price indexes: an application to the Spanish automobile market

Using a newly constructed data set, we calculate quality-adjusted price indexes after estimating hedonic price regressions from 1988 to 2004 in the Spanish automobile market. The increasing competition was favoured by the removal of trade restrictions and the special plans for the renewal of the Spanish automobile fleet. We find that the increasing degree of competition during those years led to an overall drop in automobile prices by 20 percent which implied considerable consumer gains thanks to higher market efficiency. Additionally, our results indicate that loyalty relevance and discrepancies in automobile reliability declined during those years. This is captured.

Generalized factor models: a bayesian approach

There is recent interest in the generalization of classical factor models in which the idiosyncratic factors are assumed to be orthogonal and there are identification restrictions on cross-sectional and time dimensions. In this study, we describe and implement a Bayesian approach to generalized factor models. A flexible framework is developed to determine the variations attributed to common and idiosyncratic factors. We also propose a unique methodology to select the (generalized) factor model that best fits a given set of data. Applying the proposed methodology to the simulated data and the foreign exchange rate data, we provide a comparative analysis between the classical and generalized factor models. We find that when there is a shift from classical to generalized, there are significant changes in the estimates of the structures of the covariance and correlation matrices while there are less dramatic changes in the estimates of the factor loadings and the variation attributed to common factors.

An extension of the Marsden-Ratiu reduction for Poisson manifolds

We propose a generalization of the reduction of Poisson manifolds by distributions introduced by Marsden and Ratiu. Our proposal overcomes some of the restrictions of the original procedure, and makes the reduced Poisson structure effectively dependent on the distribution. Different applications are discussed, as well as the algebraic interpretation of the procedure and its formulation in terms of Dirac structures.

Stochastic Search Variable Selection in Vector Error Correction Models with an Application to a Model of the UK Macroeconomy

This paper develops methods for Stochastic Search Variable Selection (currently popular with regression and Vector Autoregressive models) for Vector Error Correction models where there are many possible restrictions on the cointegration space. We show how this allows the researcher to begin with a single unrestricted model and either do model selection or model averaging in an automatic and computationally efficient manner. We apply our methods to a large UK macroeconomic model.