Fixed and random effects in Classical and Bayesian regression

This paper proposes a common and tractable framework for analyzingdifferent definitions of fixed and random effects in a contant-slopevariable-intercept model. It is shown that, regardless of whethereffects (i) are treated as parameters or as an error term, (ii) areestimated in different stages of a hierarchical model, or whether (iii)correlation between effects and regressors is allowed, when the sameinformation on effects is introduced into all estimation methods, theresulting slope estimator is also the same across methods. If differentmethods produce different results, it is ultimately because differentinformation is being used for each methods.

Logistics integration processes in the food industry

This paper analyses the integration process that firms follow toimplement Supply Chain Management (SCM). This study has beeninspired in the integration model proposed by Stevens (1989). Hesuggests that companies internally integrate first and then extendintegration to other supply chain members, such as customers andsuppliers.To analyse the integration process a survey was conducted amongSpanish food manufacturers. The results show that there are companiesin three different integration stages. In stage I, companies are notintegrated. In stage II, companies have a medium-high level of internalintegration in the Logistics-Production interface, a low level ofinternal integration in the Logistics-Marketing interface, and a mediumlevel of external integration. And, in stage III, companies have highlevels of integration in both internal interfaces and in some of theirsupply chain relationships.

Banks, government bonds, and default: what do the data say?

We use data from Bankscope to analyze the holdings of public bonds by over 18,000 banks located in 185 countries and the role of these bonds in 18 sovereign debt crises over the period 1998-2012. We find that: (i) banks hold a sizeable share of their assets in government bonds (about 9% on average), particularly in less financially developed countries; (ii) during sovereign crises, banks on average increase their bondholdings by 1% of their assets, but this increase is concentrated among larger and more profitable banks, and; (iii) the correlation between a bank's holdings of public bonds and its future loans is positive in normal times, but turns negative during defaults. A 10% increase in bank bond-holdings during default is associated with a 3.2% reduction in future loans, and bonds bought in normal times account for 75% of this effect. Our results are consistent with the view that there is a liquidity benefit for banks to hold public bonds in normal times, which is critical for understanding bank fragility during sovereign crises.

Informe del crucero Krill III, a bordo del barco de investigación científica Alexander Agassiz de la Universidad de California y estadía en el departamento de oceanología de Montemar-Chile

Expone los resultados del análisis de las muestras de zooplancton colectados frente al Perú, para cumplir uno de los objetivos, la obtención de huevos y larvas de peces y Myctophidoe en diversas fases de desarrollo.

III Congreso ibérico sobre gestión y planificación del agua. La directiva marco del agua: realidades y futuros. Sevilla, del 13 al 17 de noviembre de 2002

Entre els dies 13 i 17 de novembre de 2002 va tenir lloc a la ciutat de Sevilla el III Congrés Ibèric sobre Gestió i Planificació de l’Aigua, que, en aquesta ocasió, portava per títol «La Directiva Marc de l’Aigua: realitats i futurs». El congrés fou organitzat per la Fundación Nueva Cultura del Agua, amb la col•laboració de la Universidad de Sevilla i d’una àmplia sèrie d’institucions relacionades amb la investigació o gestió d’aquest recurs. Considerant l’anàlisi i la diagnosi de la situació actual contingudes a les edicions anteriors (Saragossa 1998 i Porto 2000) i l’ampli debat dels últims anys, el III Congrés Ibèric es caracteritza per un plantejament d’avenç i propostes i per incloure alguns dels aspectes de la política de l’aigua menys atesos fins aleshores

Evaluación de la merluza y otros recursos demersales durante el otoño 2000. Resultados generales del crucero BIC José Olaya Balandra 0004-05

Las principales concentraciones de la merluza se presentaron dispersas y las mayores localizadas entre Zorritos y Punta Sal con mayores densidades en el estrato III de la Sub área A y el estrato II de la Sub área D.

Fitxa Qualitativa. Gran Vía Carles III- Passeig de Zona Franca [Barcelona]

Pòster

La Grande armée. III. 1812-1815 / par Charles Rabou...

Collection : Bibliothèque pour tous

Fator de retardamento e coeficiente de dispersão-difusão para o crômio (III) em solos muito intemperizados, influenciados pelo pH, textura e matéria orgânica

O objetivo principal deste trabalho foi analisar a variação dos fatores de retardamento (R) e dos coeficientes de dispersão-difusão (D) para o crômio (III) em dois solos muito intemperizados, considerando diferentes atributos edáficos: textura, pH e matéria orgânica. Utilizaram-se amostras dos horizontes A e B com diferença marcante no teor de matéria orgânica de dois solos coletados no estado de São Paulo: Latossolo Vermelho eutroférrico textura argilosa (LVe) e Latossolo Vermelho-Amarelo distrófico textura média (LVd). A alteração do pH das amostras do horizonte superficial foi realizada com adição de carbonato de cálcio para elevar a saturação por bases a 70%. Foram realizados experimentos de adsorção em condições estáticas e de lixiviação em colunas de solo, utilizando a teoria do deslocamento miscível. Os Rs obtidos para o LVe foram maiores em comparação aos obtidos para o LVd. O aumento do pH do solo propiciado pela adição de carbonato de cálcio resultou em aumento no R. No LVe, a presença significativa de ácidos fúlvicos na matéria orgânica propiciou um R menor no horizonte superficial em relação ao subsuperficial. Não foi evidenciada relação nítida entre D e os diferentes solos, níveis de calagem e horizontes.