La presente investigación tiene como objetivo comprobar si características de la composición del directorio, tales porcentaje mujeres, independencia directorio o tamaño y concentración propiedad Mercado Integrado Latinoamericano (MILA), contribuyen en el desempeño económico las empresas. Como medidas se utilizaron los indicadores ROA, ROE Q Tobin. Este estudio utiliza análisis regresión con dat...

This paper analyses two reasons why inflation may interfere with price adjustment so as to create inefficiencies in resource allocation at low rates of inflation. The first argument is that the higher the rate of inflation the lower the likelihood that downward nominal rigidities are binding (the Tobin argument) which implies a non-linear Phillips-curve. The second argument is that low inflatio...

This paper proposes an alternative approach to economic growth with money. The production side is the same as the Solow model, the Ramsey model, and the Tobin model. But we deal with behavior of consumers differently from the traditional approaches. The model is influenced by the money-inthe-utility MIU approach in monetary economics. It provides a mechanism of endogenous saving which the Solow...

Tobin A. Driscoll A concise introduction to the essentials of the MATLAB® programming language, this engaging book is ideal for readers seeking a focused and brief approach to the software. It contains numerous examples and exercises involving the software’s most useful and sophisticated features and an overview of the most common scientific computing tasks for which it can be used. Readers are...

We analyze exchange-rate management by the central bank when it makes the FX market for the sake of social-welfare objectives. It is assumed that markets are incomplete, so that agents are exposed to exchange-rate volatility against which they cannot fully hedge. It follows that the central bank may provide insurance by smoothing the exchange rate. However, smoothing the exchange rate also crea...

Multicenter Evaluation of Clinical Diagnostic Methods for Detection and Isolation of Campylobacter spp. from Stool Collette Fitzgerald, Mary Patrick, Anthony Gonzalez, Joshua Akin, Christopher R. Polage, Kate Wymore, Laura Gillim-Ross, Karen Xavier, Jennifer Sadlowski, Jan Monahan, Sharon Hurd, Suzanne Dahlberg, Robert Jerris, Renee Watson, Monica Santovenia, David Mitchell, Cassandra Harrison,...

Self-control means choosing a large delayed reward over a small immediate reward; impulsiveness is its opposite. The metabolic hypothesis states that the amount of self-control across species correlates negatively with metabolic rate (Tobin & Logue, 1994). Foraging honeybees have high metabolic rates; the metabolic hypothesis would predict little self-control in bees. But foraging bees work for...

We introduce and axiomatize dynamic variational preferences, the dynamic version of the variational preferences we axiomatized in [21], which generalize the multiple priors preferences of Gilboa and Schmeidler [9], and include the Multiplier Preferences inspired by robust control and first used in macroeconomics by Hansen and Sargent (see [11]), as well as the classic Mean Variance Preferences ...