5,126 research outputs found

    GOVERNMENT REVENUES AND EXPENDITURES IN GUINEA-BISSAU: CAUSALITY AND COINTEGRATION

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    The paper establishes empirically the temporal causality and long run relationship between government expenditures and government revenues for the case of Guinea-Bissau - a low income country under stress (LICUS) in Africa. A macroeconomic model is developed to lay out the hypothesis of a spend-tax behavior in the country¡¯s public finances management system. Empirical validation is carried out by means of a traditional Granger-causality test and the estimation of an error correction model between expenditures and revenues.Public Finances, Causality Tests, Cointegration Analysis

    Vortex-line liquid phases: Longitudinal superconductivity in the lattice London model

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    We study the vortex-line lattice and liquid phases of a clean type-II superconductor by means of Monte Carlo simulations of the lattice London model. Motivated by a recent controversy regarding the presence, within this model, of a vortex-liquid regime with longitudinal superconducting coherence over long length scales, we directly compare two different ways to calculate the longitudinal coherence. For an isotropic superconductor, we interpret our results in terms of a temperature regime within the liquid phase in which longitudinal superconducting coherence extends over length scales larger than the system thickness studied. We note that this regime disappears in the moderately anisotropic case due to a proliferation, close to the flux-line lattice melting temperature, of vortex loops between the layers.Comment: 8 pages, Revtex, with eps figures. To appear in Phys. Rev.

    Equality of opportunity and educational achievement in Portugal

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    Portugal has one of the highest levels of income inequality in Europe, and low wages and unemployment are concentrated among low skill individuals. Education is an important determinant of inequality. However, there are large differences in the educational attainment of different individuals in the population, and the sources of these differences emerge early in the life-cycle when families play a central role in individual development. We estimate that most of the variance of school achievement at age 15 is explained by family characteristics. Observed school inputs explain very little of adolescent performance. Children from highly educated parents benefit of rich cultural environments in the home and become highly educated adults. Education policy needs to be innovative: (1) it needs to explicitly recognize the fundamental long run role of families on child development; (2) it needs to acknowledge the failure of traditional input based policies

    A Godel-Friedman cosmology?

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    Based on the mathematical similarity between the Friedman open metric and Godel's metric in the case of nearby distances, we investigate a new scenario for the Universe's evolution, where the present Friedman universe originates from a primordial Godel universe by a phase transition during which the cosmological constant vanishes. Using Hubble's constant and the present matter density as input, we show that the radius and density of the primordial Godel universe are close, in order of magnitude, to the present values, and that the time of expansion coincides with the age of the Universe in the standard Friedman model. In addition, the conservation of angular momentum provides, in this context, a possible origin for the rotation of galaxies, leading to a relation between the masses and spins corroborated by observational data.Comment: Extended version, accepted for publication in Physical Review

    Non-singular inflation with vacuum decay

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    On the basis of a semi-classical analysis of vacuum energy in an expanding spacetime, we describe a non-singular cosmological model in which the vacuum density decays with time, with a concomitant production of matter. During an infinitely long period we have an empty, inflationary universe, with H \approx 1. This primordial era ends in a fast phase transition, during which H and \Lambda decrease to nearly zero in a few Planck times, with release of a huge amount of radiation. The late-time scenario is similar to the standard model, with the radiation phase followed by a long dust era, which tends asymptotically to a de Sitter universe, with vacuum dominating again. An analysis of the redshift-distance relation for supernovas Ia leads to cosmological parameters in agreement with other current estimations.Comment: Work presented at IRGAC 2006, Barcelona, July 11-15 2006. To appear in a special issue of Journal of Physics

    Evolution of density perturbations in decaying vacuum cosmology: The case of non-zero perturbations in the cosmological term

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    We extend the results of a previous paper where a model of interacting dark energy, with a cosmological term decaying linearly with the Hubble parameter, is tested against the observed mass power spectrum. In spite of the agreement with observations of type Ia supernovas, baryonic acoustic oscillations and the cosmic microwave background, we had shown previously that no good concordance is achieved if we include the mass power spectrum. However, our analysis was based on the ad hoc assumption that the interacting cosmological term is strictly homogeneous. Now we perform a more complete analysis, by perturbing such a term. Although our conclusions are still based on a particular, scale invariant choice of the primordial spectrum of dark energy perturbations, we show that a cosmological term decaying linearly with the Hubble parameter is indeed disfavored as compared to the standard model.Comment: Version accepted for publication in Physical Review

    O Brasil no cenário mundial de lácteos.

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