108 research outputs found
El Fernando o Sevilla restaurada de Vera y Zúñiga: una reescritura épica entre Tasso y Lope de Vega
No full textThe present work aims to examine Vera y Zúñiga's El Fernando (1632) in relation to both Tasso's Gerusalemme and the Jerusalén conquistada of his friend Lope de Vega. To do this, a presentation of the poem is offered and Vera and Zúñiga's composite rewriting of their two models is examined.En el presente trabajo se pretende examinar El Fernando (1632) de Vera y Zúñiga en relación tanto con la Gerusalemme de Tasso como con la Jerusalén conquistada de su amigo Lope de Vega. Para ello, se ofrece una radiografía del poema y se examina la reescritura compuesta de Vera y Zúñiga de sus dos modelos
Microarray tools to unveil viral-microbe interactions in nature
No full textThe interactions between viruses and their microbial hosts play a central role in the control of microbial communities in nature. However, the study of such interactions within the uncultured majority is technically very challenging. Here, we review how microarray tools can be used to analyze the interactions between viruses and their microbial hosts in nature, away from laboratory pure culture-based models. We show examples of how DNA arrays have been used to study the expression of viral assemblages in natural samples, and to assign viruses to hosts within uncultured communities. Finally, we briefly discuss the possibilities of protein and glycan arrays to gain insight into the ways microbes interact with their viruses.Our current studies with viral microarrays are supported by projects CGL2012-39627-C03-01 (to Josefa Antón) and AYA2011-24803 (to Víctor Parro) of the Spanish Ministry of Science and Innovation, which are co-financed with FEDER support from the European Union.Peer reviewedPeer Reviewe
How Well Does Tech Have You Covered? The Effect of InsurTech Firms on Productivity in the Insurance Industry
No full textThe recent entrance of InsurTech firms into the insurance industry has sparked debate as to their effect on the industry as a whole, namely whether this effect is disruptive or not. This paper answers this question by analyzing the effect of the global level of investment in the InsurTech space on the global value of premium income per employee of traditional insurance companies, from the first quarter of 2013 to the third quarter of 2018. In this way, it answers the question of whether the effect is disruptive from the perspective of labor productivity. The results of this study suggest that this effect is disruptive—there is a negative elasticity which exists, after a lag of two quarters, where a 10% increase in the level of InsurTech investment is predicted to decrease the dollar value of premium income per employee for traditional insurance firms by 1.6%. This elasticity effect was also found to be stronger when observed for larger lags, up to a lag of two years—where a 10% increase in the level of InsurTech investment is predicted to decrease the dollar value of premium income per employee for traditional insurance firms by 4.5
Made in China: The Impact of Chinese Import Competition on U.S. Textile and Apparel Manufacturing Labor Outcomes
No full textThis paper analyzes the effect of rising Chinese import competition in the period 1995-2011 on labor market outcomes in the U.S. Textile and Apparel (T&A) industry across 51 spatially distinct labor markets (50 U.S. states and the District of Columbia) that face varying degrees of exposure to international trade. Using import data extracted from the World Input Output Database and state-industry labor data from the Bureau of Economic Analysis, I adapt and narrow the model presented in Autor, Dorn, Hanson (2013) to apply to the singular T&A industry. This singular focus strays from existing trade and labor literature which tend to look at the effects of increased trade exposure on aggregate manufacturing industries, which contain dynamic sectors that may be by trade exposure in different magnitudes and directions. I estimate that an exogenous 1 percent increase in import exposure per worker from Chinese T&A goods in the period 1995-2011 is associated with a 0.27 percent decline in the share of U.S. T&A manufacturing employment in total employment and a 0.002 percent decline in the annual average wages of T&A manufacturing workers. These results are higher in magnitude than the results found in Autor et al. (2013)
The Presidential Exchange-Traded Fund: An Attempt to Explain the Relationship Between Politics and Stock Prices Through a Hypothetical Financial Product
No full textEconomic Reforms, Financial Development and Growth: Lessons from the Chilean Experience
No full textDespite reform efforts, the economic performance of Latin American countries during the 1990s was disappointing with the exception of Chile, which grew at almost 7% per year. This paper tries to explain this difference. Following recent literature that hiEconomic growth, reforms, institutions, financial development
Sistema Financiero y Crecimiento Económico en Chile
No full textEste trabajo presenta una breve descripción del grado de desarrollo de los mercados financieros en Chile, haciendo para esto una comparación con otros países. Luego de resumir las principales reformas financieras implementadas en el país en las últimas décadas, destacamos las principales fortalezas y debilidades de los mercados financieros en Chile. A continuación nos enfocamos en los problemas más urgentes, en particular, la liquidez del mercado accionario, los mercados de derivados financieros y el mercado de capital de riesgo, y discutimos si las reformas más recientes y las propuestas resuelven adecuadamente estos problemas
La Información Contenida en los Movimientos de las Tasas Forward en Chile
No full textEl objetivo de este trabajo es examinar la información contenida en la estructura de tasas de interés reajustables en Chile con respecto a las tasas de interés futuras esperadas. Usando la metodología de valor presente descontado desarrollada por Campbell y Ammer (1993), descomponemos los excesos de retorno de bonos reajustables de plazos de dos a cinco años durante el período 1999-2006 en noticias acerca de tasas de interés futuras y de premios por plazo. Los resultados indican que una alta proporción de la varianza de los retornos no anticipados (entre 43% y 67%) se debe a cambios en los premios por plazo y, por lo tanto, habría que ser cuidadoso en atribuir movimientos en la curva forward exclusivamente a movimientos de la trayectoria de las tasas de interés futuras
Sistema financiero y crecimiento económico en Chile
No full textEste trabajo presenta una breve descripción del grado de desarrollo de los mercados financieros en Chile, en comparación con otros países. Luego de resumir las principales reformas financieras implementadas en el país en las últimas décadas, se destacan las fortalezas y debilidades más importantes de los mercados financieros en Chile. A continuación se analizan los problemas urgentes, en particular la liquidez del mercado accionario, los mercados de derivados financieros y el mercado de capital de riesgo, y se discute si las reformas más recientes y las propuestas resuelven adecuadamente estos problemas
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