Australian and American tariffs policies: do they rock or tango?

This paper disentangles between two hypotheses on the determinants of Australia's and the US' average tariffs levels. Relying on historical data that covers a century (1904 to 2005), it is first shown that a break in the series occurs in 1947, forcing to separate the data into two sub-periods (before and after the 1947 break). The results permit to distinguish a "rock" and a "tango" regime. The first designates the period where one country (the US) has a stronger influence on the other, while the second indicates that, after 1947, stronger reciprocal inter-relations have to be taken into account.Australia, United States, Trade Policy, Tariffs

Australian and American tariffs policies: do they rock or tango?

This paper disentangles between two hypotheses on the determinants of Australia's and the US' average tariffs levels. Relying on historical data that covers a century (1904 to 2005), it is first shown that a break in the series occurs in 1947, forcing to separate the data into two sub-periods (before and after the 1947 break). The results permit to distinguish a "rock" and a "tango" regime. The first designates the period where one country (the US) has a stronger influence on the other, while the second indicates that, after 1947, stronger reciprocal inter-relations have to be taken into account.Australia, United States, Trade Policy, Tariffs

Two-round elections, one-round determinants? Evidence from the French municipal elections

Using a new database of French municipalities that covers 821 towns and 2 elections (2001 and 2008), we examine how the budget structure, degree of electoral competition and the economic context affect the share of votes for the incumbent. We assess the specicities created by the two-round process under French electoral rule (a dual ballot under plurality rule). We show that in the first round of the electoral process, spending on equipment can influence the voter, and that electoral competition has a strong impact on the incumbent's score. In the second round, the incumbent's vote is affected more by national considerations and local budget variables have no effect. We show that the dynamics between the first and the second rounds are intense. The results suggest that the determinants of each round in a two-round electoral process are different.Economic voting; Local elections; Plurality rule; Visible expenditures

Governments under influence: Country interactions in discretionary fiscal policy

We investigate the interactions between countries of the discretionary component of national fiscal policies (i.e. the cyclically- and interest-adjusted part of fiscal policy), therefore observing and investigating the part of public spending and tax receipts on which governments keep full discretion. Our sample covers 18 OECD countries, during the 1974-2008 period. First, we build a measure of such discretionary fiscal policy, considered as the residual component of a VAR model, and compute the measure for the full sample. Drawing on this new dataset, the second step provides estimates of discretionary fiscal policy interactions between countries of the sample. Our results highlight the existence of interactions between neighboring countries' public decisions, where neighborhood is defined by economic leadership as well as geography. We also find evidence of an opportunistic behavior of OECD countries' governments for the discretionary public spending. Finally, the disciplining device of the European Union fiscal framework is shown to be ineffective.Fiscal policy; discretion; interactions; VAR; spatial econometrics

Budget structure and reelection prospects: Empirical evidence from French local elections

This paper is a study of the influence of economic and political conditions on the results of incumbent parties' candidates in local elections in France. The large sample used covers 586 towns and two elections (2001 and 2008). It explicitly deals with the specificities induced by the tworound process of the French electoral rule, and results are provided for both the reelection probability and the share of votes. It is shown that the budget structure, and notably equipment expenditures, has a strong impact on the incumbent party's share of votes. Political variables also play a role, as do the number of candidates, and national partisan waves. --Local elections,Visible expenditures

Unexpected high levels of Cobalamin (Vitamin B12): Numerous interferences are decreased by PEG treatment.

Cobalamin (Vitamin B12) deficiency is a common cause of anemia. High levels of serum cobalamin is mainly due to cobalamin supplementation. It has also been associated with hematological malignancies, liver or renal diseases. Cobalamin is sometimes found elevated in autoimmune disorders and infectious diseases but concerns are raised on the fact that those serum increases might be due to interference with immunoassays. Those data’s shed the lights on the high prevalence of interference in patients with unexpected high cobalamin level. Precipitation with PEG appears to be an easy and costless method to increase the reliability of cobalamin dosage. In accordance with our results, we recommand to treat systematically every serum with a cobalamin >1500 ng/L

Budget structure and reelection prospects: Empirical evidence from French local elections

This paper is a study of the influence of economic and political conditions on the results of incumbent parties' candidates in local elections in France. The large sample used covers 586 towns and two elections (2001 and 2008). It explicitly deals with the specificities induced by the tworound process of the French electoral rule, and results are provided for both the reelection probability and the share of votes. It is shown that the budget structure, and notably equipment expenditures, has a strong impact on the incumbent party's share of votes. Political variables also play a role, as do the number of candidates, and national partisan waves

Inter-Individual Decision-Making Differences in the Effects of Cingulate, Orbitofrontal, and Prelimbic Cortex Lesions in a Rat Gambling Task

Deficits in decision-making is a hallmark of several neuropsychiatric pathologies but is also observed in some healthy individuals that could be at risk to develop these pathologies. Poor decision-making can be revealed experimentally in humans using the Iowa gambling task, through the inability to select options that ensure long term gains over larger immediate gratification. We devised an analogous task in the rat, based on uncertainty and conflicting choices, the rat gambling task (RGT). It similarly reveals good and poor performers within a single session. Using this task, we investigated the role of three prefrontal cortical areas, the orbitofrontal, prelimbic, and cingulate cortices on decision-making, taking into account inter-individual variability in behavioral performances. Here, we show that these three distinct subregions are differentially engaged to solve the RGT. Cingulate cortex lesion mainly delayed good decision-making whereas prelimbic and orbitofrontal cortices induced different patterns of inadapted behaviors in the task, indicating varying degree of functional specialization of these three areas. Their contribution largely depended on the level of adaptability demonstrated by each individual to the constraint of the task. The inter-individual differences in the effect of prefrontal cortex area lesions on decision-making revealed in this study open new perspectives in the search for vulnerability markers to develop disorders related to executive dysfunctioning

Australian and American tariffs policies: do they rock or tango?

This paper disentangles between two hypotheses on the determinants of Australia's and the US' average tariffs levels. Relying on historical data that covers a century (1904 to 2005), it is first shown that a break in the series occurs in 1947, forcing to separate the data into two sub-periods (before and after the 1947 break). The results permit to distinguish a "rock" and a "tango" regime. The first designates the period where one country (the US) has a stronger influence on the other, while the second indicates that, after 1947, stronger reciprocal inter-relations have to be taken into account

"In consideration of the children", really? Adoption of the school-rhythm reform by French municipalities

This research looks at the determinants of the adoption of the school-rhythm reform by French municipalities. The possibility opened to mayors to adopt the reform sooner (2013) or later (2014) offers the opportunity to measure how much the interests of the children have weighted on the decision. As our results reveal strong partisan biases to be prevalent, and financial reasons to be influential, it can be affirmed that the children's interest has clearly not been the only consideration in mind