An empirical characterization of mortgage default in Colombia between 1997 and 2004

This paper examines the relationship between mortgage default decisions and relevant observable variables under the light of a random utility model. The focus of the study is the Colombian mortgage market between 1997 and 2004 using two separate data sets that are matched using simulation techniques. The estimation allows the computation of mortgage default probabilities that are directly related to an underlying model of optimal default. Results are sharp and indicate that variation in current income has little effect on mortgage default, compared to housing prices and mortgage balances.D4; G21; L13; R12 Classification JEL: Banking; Location; Competition; Colombia.

Método de la microgota: usado con agar cromogénico es un procedimiento útil para el monitoreo sanitario en acuicultura

Indexación: Web of Science, Scielo.The microdot method is a downscaling methodology of traditional tenfold serial dilution procedure used in microbiology. The microdot method uses 100 mu L for serial dilution and count colonies in a spot of 10 mu L. In this study we counted colonies directly in a chromogenic agar plate to determine, at the same time, the presence and cell concentration of target bacteria required for sanitary monitoring of Chilean export fishery products. Due to among importers countries the most concerning bacteria included in sanitary monitoring are Escherichia coli, Listeria monocytogenes and Staphylococcus aureus, we used the chromogenic agar; CHROMagar ECC, CHROMagar Listeria and Baird Parker agar, respectively. The results shows no differences between quantitative results obtained with microdot and traditional method during the quantification of a culture of Escherichia coli (1.5 L). The sensitivity and specificity of the microdot method in association with each chromogenic agar was demonstrated in vitro with reference strains. In addition, the usefulness in sanitary monitoring of aquaculture procedures was evaluated in Artemia salina tanks. This method did not detected sanitary problems in surface water. Although other colonies grown in the chromogenic agar plate, their morphological and chromogenic properties not correspond to Escherichia coli, Listeria monocytogenes and Staphylococcus aureus, being identified as Salmonella enterica subsp. enterica, Microbacterium sp., Bacillus sp. and Staphylococcus pasteuri by 16S rRNA gene sequence analysis. Hence, we propose the microdot chromogenic method as a low cost, specific and reliable procedure for sanitary monitoring of aquaculture procedures.El método de la microgota es una versión a menor escala del procedimiento tradicional de dilución en serie en base diez utilizados en microbiología. El método realiza diluciones en 100 µL y cuenta colonias crecidas en una gota de 10 µL. En este estudio se cuentan colonias directamente en placas cromogénicas para determinar densidad celular y presencia de bacterias requeridas en vigilancia sanitaria de productos pesqueros chilenos de exportación. Entre los requisitos de países importadores, la vigilancia sanitaria involucra frecuentemente a Escherichia coli, Listeria monocytogenes y Staphylococcus aureus, por lo que se utilizan los agares cromogénicos; CHROMagar ECC, CHROMagar Listeria y agar Baird Parker para su identificación. La comparación entre el método de microgota y el método tradicional no muestra diferencias al evaluar un cultivo de Escherichia coli (1,5 L). La sensibilidad y especificidad del método de microgota junto a cada agar cromogénico se demostró in vitro con cepas de referencia. Además, en estanques de Artemia salina se evaluó la utilidad de este método para el monitoreo sanitario. Este método no mostró problemas sanitarios en aguas superficiales, aunque otras colonias crecieron en la placa de agar cromogénico. Sus propiedades morfológicas y cromogénicas no corresponden a Escherichia coli, Listeria monocytogenes y Staphylococcus aureus, siendo identificadas según el análisis de la secuencia del gen 16S rRNA como Salmonella enterica subsp. enterica, Microbacterium sp., Bacillus sp. y Staphylococcus pasteuri. Por lo tanto, se propone el método de microgota cromogénico como un procedimiento de bajo costo, específico y fiable para el monitoreo sanitario en acuicultura.http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-560X2016000400009&lng=e

The k-metric dimension of a graph

As a generalization of the concept of a metric basis, this article introduces the notion of $k$-metric basis in graphs. Given a connected graph $G=(V,E)$, a set $S\subseteq V$ is said to be a $k$-metric generator for $G$ if the elements of any pair of different vertices of $G$ are distinguished by at least $k$ elements of $S$, i.e., for any two different vertices $u,v\in V$, there exist at least $k$ vertices $w_1,w_2,...,w_k\in S$ such that $d_G(u,w_i)\ne d_G(v,w_i)$ for every $i\in \{1,...,k\}$. A metric generator of minimum cardinality is called a $k$-metric basis and its cardinality the $k$-metric dimension of $G$. A connected graph $G$ is $k$-metric dimensional if $k$ is the largest integer such that there exists a $k$-metric basis for $G$. We give a necessary and sufficient condition for a graph to be $k$-metric dimensional and we obtain several results on the $k$-metric dimension

Simultaneous Resolvability in Families of Corona Product Graphs

Let ${\cal G}$ be a graph family defined on a common vertex set $V$ and let $d$ be a distance defined on every graph $G\in {\cal G}$. A set $S\subset V$ is said to be a simultaneous metric generator for ${\cal G}$ if for every $G\in {\cal G}$ and every pair of different vertices $u,v\in V$ there exists $s\in S$ such that $d(s,u)\ne d(s,v)$. The simultaneous metric dimension of ${\cal G}$ is the smallest integer $k$ such that there is a simultaneous metric generator for ${\cal G}$ of cardinality $k$. We study the simultaneous metric dimension of families composed by corona product graphs. Specifically, we focus on the case of two particular distances defined on every $G\in {\cal G}$, namely, the geodesic distance $d_G$ and the distance $d_{G,2}:V\times V\rightarrow \mathbb{N}\cup \{0\}$ defined as $d_{G,2}(x,y)=\min\{d_{G}(x,y),2\}$.Comment: arXiv admin note: substantial text overlap with arXiv:1504.0049

Viscosity near phase transitions

Probably the most enticing observation in theoretical physics during the last decade was the discovery of the great amount of consequences obtained from the AdS/CFT conjecture put forward by Maldacena. In this work we review how this correspondence can be used to address hydrodynamic properties such as the viscosity of some strongly interacting systems. We also employ the Boltzmann equation for those systems closer to low-energy QCD, and argue that this kind of transport coefficients can be related to phase transitions, in particular the QGP/hadronic phase transition studied in heavy ion collisions.Comment: 9 pages, 1 figure. Contribution to the Gribov-80 Memorial Workshop. ICTP Trieste, Italy, May 26-28, 201