How did the Sovereign debt crisis affect the Euro financial integration? A fractional cointegration approach.

This paper examines financial integration among stock markets in the Eurozone using the prices from each stock index. Monthly time series are constructed for four major stock indices for the period between 1998 and 2016. A fractional cointegrated vector autoregressive model is estimated at an international level. Our results show that there is a perfect and complete Euro financial integration. Considering the possible existence of structural breaks, this paper also examines the fractional cointegration within each regime, showing that Euro financial integration is very robust. However, in the financial and sovereign debt crisis regime, IBEX 35 appears to be the weak link in Euro financial integration, unless Euro financial integration recovers when this period ends

GAMES: A new Scenario for Software and Knowledge Reuse

Games are a well-known test bed for testing search algorithms and learning methods, and many authors have presented numerous reasons for the research in this area. Nevertheless, they have not received the attention they deserve as software projects. In this paper, we analyze the applicability of software and knowledge reuse in the games domain. In spite of the need to find a good evaluation function, search algorithms and interface design can be said to be the primary concerns. In addition, we will discuss the current state of the main statistical learning methods and how they can be addressed from a software engineering point of view. So, this paper proposes a reliable environment and adequate tools, necessary in order to achieve high levels of reuse in the games domain

German-speaking psychologists in English-speaking sources. Reflections on national trends in the history of psychology

The ideal of an universal science without national boundaries, has occasionally obscured the reality of the consistent national trends which have doubtless occurred in research and theorising of different specialities. In our field, according to Ribot, there were a century ago two existing branches of Psychology, in Germany and England respectively, which could be characterized by differentiating traits. This work aims to raise some reflections on the existence of these national trends in the History of Psychology, as regards to most prominent authors in the field. Our aim is to assess the presence and influence of German eminent scientists bom in the past century, in the current Psychology, as well as their possible clustering face to authors of different nationality. Both, a quantitative study of their influence on various selected English-speaking sources, and a qualitative analysis in terms of generation, nationality and scientific activity are included

Non-destructive interferometric characterization of an optical dipole trap

A method for non-destructive characterization of a dipole trapped atomic sample is presented. It relies on a measurement of the phase-shift imposed by cold atoms on an optical pulse that propagates through a free space Mach-Zehnder interferometer. Using this technique we are able to determine, with very good accuracy, relevant trap parameters such as the atomic sample temperature, trap oscillation frequencies and loss rates. Another important feature is that our method is faster than conventional absorption or fluorescence techniques, allowing the combination of high-dynamical range measurements and a reduced number of spontaneous emission events per atom.Comment: 9 pages, 6 figures, submitted to PR

A strike-slip fault corridor within the Alpujarra Mountains (Betic Cordilleras, Spain)

15 páginas, 6 figuras.[EN] In a long »corridor« in the internal zone of the Betic Cordilleras, bounded to the north by the Sierra Nevada and to the south by the Sierras Lujar, Contraviesa and Gador, two discernible bands of strike-slip faults exist: These bands lie in an approximately E-W direction and are well exposed throughout and beyond the 85 km long belt. The characteristic features of strike-slip faults, such as cataclastic rocks composed of variously textured fault breccia, which also include fragments of rocks up to several metres in size, incipient foliation, and striation demonstrate the right-lateral nature of the displacement. There are also fractures which run in a NW-SE and NNE-SSW direction, and apparently originated after formation of the E-W faults. The magnitude of lateral displacements is difficult to calculate. Evidence of considerable vertical movement can be found locally. These strike-slip displacements have essentially occurred since the middle Miocene period and might still be taking place.[AL] In einem langen Korridor in der Internzone der Betischen Kordilleren, der im Norden durch die Sierra Nevada und im Süden von den Sierren Lujar, Contraviesa und Gador begrenzt wird, sind zwei Streifen mit Blattverschiebungen zu beobachten. Sie streichen etwa E-W und sind gut entlang des 85-km-langen Gürtels aufgeschlossen. Die charakteristischen Merkmale von Blattverschiebungen wie etwa kataklastische Gesteine mit verschiedenen texturierten Verwerfungsbrekzien, welche auch bis zu mehreren Metern große Gesteinsblöcke enthalten, beginnende Schieferung und Harnischbildung, zeigen die dextrale Natur der Bewegung. Daneben treten NW-SE und NNE-SSW streichende Störungen auf, die offensichtlich nach der Bildung der E-W verlaufenden Blattverschiebungen entstanden sind. Das Ausmaß des lateralen Versatzes ist schwer abzuschätzen. Diese Bewegungen finden seit dem mittleren Miozän statt und sind möglicherweise immer noch aktiv.[FR] Dans un long couloir situé dans la zone interne des Chaînes Bétiques et limité au Nord par la Sierra Névada et au Sud par les Sierras de Lujar, Contraviesa et Gador, s'observent deux trains de failles de décrochements. Ces trains ont une direction à peu près E-W et sont bien exposés tout au long des 85 Km de cette zone. Les traits caractéristiques des décrochements, tels que cataclasites, brèche de faille avec fragments de roches jusqu'à plusieurs mètres de longueur, schistosité naissante et striation, démontrent la nature dextre du déplacement. Il existe aussi des fractures de direction NW-SE et NNW-SSW qui se sont vraisemblablement formées postérieurement aux failles E-W. La valeur du déplacement latéral est difficile à estimer. On rèléve localement des indices de mouvements verticaux importants. Ces décrochements se sont produits essentiellement à partir du Miocène moyen et peuvent encore se poursuivre aujourd'hui.This study was carried out under the auspices of the Departamento de Investigaciones Geológicas del C.S.I.C., Centro Coordinado con la Universidad de Granada, during a research project entitled: "Borde mediterráneo español: Evolución del Orógeno Bético y Geodinámica de las Depresiones Neógenas".Peer reviewe

Size-Controlled Water-Soluble Ag Nanoparticles

Ag nanoparticles of two different sizes (1 and 4 nm) were prepared within an apoferritin cavity by using an Ag+-loaded apoferritin as a nanoconfined environment for their construction. The initial amount of Ag' ions injected in the apoferritin cavity dictates the size of the final Ag particles. The protein shell prevents bulk aggregation of the metal particles, which renders them water soluble and extremely stable

SMS-Builder: An adaptive software tool for building systematic mapping studies

A Systematic Mapping Study is an instrument frequently used to carry out a search process, identification, and classification of studies in different fields. Researchers in front of this type of process have a challenge while managing the data about these studies. This paper presents a software tool that has been created to help those who need to build a systematic mapping study. In addition, this work follows the evidence-based software engineering approach and extends it through a software tool by including different ways of adapting this process

Model and numerical methods for pricing renewable energy certificate derivatives

[Abstract]: Assuming that the price of the renewable energy certificate (REC) is known, we formulate the valuation problem of a European REC derivative in terms of a linear PDE model where the underlying stochastic factors are the accumulated green certificates sold by an authorized producer and the natural logarithm of the renewable generation rate. Next, a result of existence of solution is obtained for this PDE problem. In order to solve numerically the PDE problem, we propose two different methods: a semi-Lagrangian scheme in time combined with finite differences discretizations in the spatial-like variables, or alternative Lagrange–Galerkin methods. The application to the pricing of European options and futures on renewable energy certificates is addressed. Finally, we show illustrative results about the performance of the models and numerical methods that have been implemented.Xunta de Galicia; ED431C 2018/033Xunta de Galicia; ED431C 2022/047Xunta de Galicia; ED431G 2019/01This work has been funded by MICINN from Spain (Grant PID2019-10858RB-I00), and by Xunta of Galicia (Grant ED431C 2018/033 and ED431C 2022/047), all including FEDER financial co-funding. All authors are members of CITIC, so that they acknowledge grant ED431G 2019/01, funded by Consellería de Educación, Universidade e Formación Profesional of Xunta de Galicia through FEDER, Spain funds with 80%, from FEDER Galicia 2014–2020 Program and 20% from Secretaría Xeral de Universidades. Funding for open access charge: Universidade da Coruña/CISUG. Authors are also grateful to two anonymous reviewers whose remarks helped to improve the article

Pricing renewable energy certificates with a Crank–Nicolson Lagrange–Galerkin numerical method

Financiado para publicación en acceso aberto: Universidade da Coruña/CISUG[Abstract]: The valuation problem of renewable energy certificates can be formulated in terms of a nonlinear PDE model where the underlying stochastic factors are the accumulated green certificates sold by an authorized producer and the natural logarithm of the renewable generation rate. In the present paper, the nonlinear convective term is treated with the Bermúdez–Moreno duality method for maximal monotone operators as in Baamonde-Seoane et al. (2021). The main novelty of this article comes from the proposed techniques for the numerical solution of the resulting linear problem. In this case, we propose a Lagrange–Galerkin method which mainly consists of Crank–Nicolson characteristics for time discretization combined with finite elements for the discretization in the accumulated green certificates and the natural logarithm of the renewable generation rate directions. Finally, several numerical examples are presented to illustrate the good performance of the method and model, and its comparison with other numerical schemes employed to solve the same problem.Xunta de Galicia; ED431C 2018/033Xunta de Galicia; ED431C 2022/47Xunta de Galicia; ED431G 2019/01The authors acknowledge the funding by Spanish MINECO with the grants MTM2016-76497-R and PID2019-10858RB-I00, and by Galician Government, Spain with the grants ED431C 2018/033 and ED431C 2022/47, both including FEDER financial support. As members of CITIC, they also acknowledge the grant ED431G 2019/01, funded by Consellería de Educación, Spain , Universidade e Formación Profesional of Xunta de Galicia through FEDER funds with 80%, from FEDER Galicia 2014–2020 Program and 20% from Secretaría Xeral de Universidades