22,689 research outputs found

    On the optimal level of public inputs.

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    This paper studies the optimal level of public inputs under two different tax settings. With this aim, we adapt the approach by Gronberg and Liu (2001) to the case of productivity-enhancing public spending. We find that it is not analytically clear whether the first-best level of public spending exceeds the second-best level. After taking account the type of public input, a wide numerical simulation has been carried out. We obtain that the second-best level is always below the first-best level but the criterion by Gronberg and Liu has to be qualified.Second best, excess burden, public input.

    Optimization in non-standard problems. An application to the provision of public inputs

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    This paper describes a new method for solving non-standard constrained optimization problems for which standard methodologies do not work properly. Our method (the Rational Iterative Multisection -RIM- algorithm) consists of different stages that can be interpreted as different requirements of precision by obtaining the optimal solution. We have performed an application of RIM method to the case of public inputs provision. We prove that the RIM approach and comparable standard methodologies achieve the same results with regular optimization problems while the RIM algorithm takes advantage over them when facing non-standard optimization problems.direct search, constrained optimization, multisection, optimal taxation, public input.

    How sensitive is the provision of public inputs to specifications?

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    This paper studies the sensitivity of provision of public inputs to changes in the specification of technology and consumer preferences. We consider a simple model in which the government, with recourse to three different tax settings (a lump-sum tax, a tax on labour and a tax on economic profit), provides firms with certain productive services. We focus on the numerical results coming from the government optimization problem. We look at several specific cases in which the returns to scale in the production function emerges as a critical issue. Our …findings also address the impact of changes in output elasticity, in consumer preferences and in the number of households on the levels of public input and utility.firm-augmenting public input, factor-augmenting public input, optimal provision

    Relation between Employee Learning, Emotional Intelligence, and Organizational Performance

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    Many managers of Puerto Rican corporations have not been able to assist employees in their recovery from the devastation left by Hurricane Maria. This lack of assistance has resulted in high employee attrition rates, low productivity, anxiety, isolation, anguish, despair, panic attacks, and depression. Scholarly literature lacks research on emotional intelligence and learning in corporate, postdisaster contexts; both capacities may mitigate employee stress due to the uncertainty inherent in postdisaster conditions and motivate employees to persevere in the face of adversity. The purpose of this quantitative study was to assess the relationship between employee learning, emotional intelligence, and organizational performance. The theoretical framework applied was human capital theory. The research questions focused on how employee learning and emotional intelligence are related to organizational performance. The sample was 90 full-time employees of multinational corporations in Puerto Rico. Data were collected through SurveyMonkey using the Workplace Learning Scale, the Trait Meta-Mood Scale, and the Organizational Performance Scale. Regression analysis was used to analyze the data, and both employee learning and emotional intelligence were found to have a statistically significant positive relationship with organizational performance (β = .563, p = .000; β = .348, p = .000). To more fully capture participants\u27 thoughts and feelings, a mixed methodology is recommended for future research. The results of this study could assist human resources managers in their selection of training that enables employees to gain the skills needed to support business continuity and personal welfare in postdisaster environments

    Temporal disorder in up-down symmetric systems

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    The effect of temporal disorder on systems with up-down Z2 symmetry is studied. In particular, we analyze two well-known families of phase transitions: the Ising and the generalized voter universality classes, and scrutinize the consequences of placing them under fluctuating global conditions. We observe that variability of the control parameter induces in both classes "Temporal Griffiths Phases" (TGP). These recently-uncovered phases are analogous to standard Griffiths Phases appearing in systems with quenched spatial disorder, but where the roles of space and time are exchanged. TGPs are characterized by broad regions in parameter space in which (i) mean first-passage times scale algebraically with system size, and (ii) the system response (e.g. susceptibility) diverges. Our results confirm that TGPs are quite robust and ubiquitous in the presence of temporal disorder. Possible applications of our results to examples in ecology are discussed

    From car to bike. Marketing and dialogue as a driver of change

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    The Paris Climate Agreement has sent a key message to the international community regarding the need to increase efforts to move towards a low-carbon economy and help slow climate change, while underpinning global long-term economic growth and sustainable development. COP 21 recognizes the social, economic and environmental value of voluntary mitigation actions and their co-benefits for adaptation, health and sustainable development. In this framework, the PTP Cycle project, running from 2013 to 2016 and funded by the European Commission through the Intelligent Energy Europe program, introduces a non-market approach through voluntary participation in the adoption of sustainable transport modes such as cycling, based on marketing to potential customers through Personalized Travel Plans. The medium-sized city of Burgos (Spain) and the cities of Ljubljana, Riga, Antwerp and London (boroughs of Haringey and Greenwich) developed a new policy instrument (Personalized Travel Plans) in order to increase bike patronage. Beyond potential savings of CO2, the results show that PTP as a form of Active Mobility Consultancy is a suitable instrument to influence modal shift to public transport, walking and cycling, and to address the challenges of climate change, while fostering sustainable transportation by changing mobility behaviour. These results, matching with the state-of-the-art of studies and pilot applications in other countries, allows deriving differentiated results for medium-size and large urban areas

    Near-IR internetwork spectro-polarimetry at different heliocentric angles

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    The analysis of near infrared spectropolarimetric data at the internetwork at different regions on the solar surface could offer constraints to reject current modeling of these quiet areas. We present spectro-polarimetric observations of very quiet regions for different values of the heliocentric angle for the Fe I lines at 1.56 micron, from disc centre to positions close to the limb. The spatial resolution of the data is 0.7-1". We analyze direct observable properties of the Stokes profiles as the amplitude of circular and linear polarization as well as the total degree of polarization. Also the area and amplitude asymmetries are studied. We do not find any significant variation of the properties of the polarimetric signals with the heliocentric angle. This means that the magnetism of the solar internetwork remains the same regardless of the position on the solar disc. This observational fact discards the possibility of modeling the internetwork as a Network-like scenario. The magnetic elements of internetwork areas seem to be isotropically distributed when observed at our spatial resolution.Comment: Sorry, this is the version with the correct bibliography. Some figures had to be compressed. Accepted for publication in A&
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