Estilo de inversión en los fondos internacionales del mercado español

Los artículos publicados quedan en propiedad del Instituto Español de Analistas Financieros (IEAF), que administra los derechos de reproducción y copia de los mismo

Sports participation, physical activity, and health in the European regions

This is an Accepted Manuscript version of the following article, accepted for publication in Journal of Sports Sciences 36.15 (2018): 1784-1791. It is deposited under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any wayIn a context of stagnation of the level of health-enhancing physical activity in Europe, this study examines the geographical stratification of sports participation and physical activity (PA) at the regional level in 28 European countries. While previous research has focused on the national approach, this study considers the regional level across 208 European regions. Individual survey data from the Eurobarometer 80.2 is combined with a regional-level approach to the 208 regions to quantify sports participation and PA at the regional level. The results show important differences and a geographical stratification of sports participation and PA among the European regions, albeit following different patterns. In particular, a north–south gap is identified in terms of PA rates and an east–west gap is detected in terms of sports participation levels. Applying the cluster technique, a taxonomy of four different European regions is developed considering both types of indicators. Finally, the existence of sports spatial spillovers among regions is verified, obtaining a positive autocorrelation among neighbouring regions for being involved in PA and sporting activities. The results may have significant implications in terms of policy measures to improve health through PA and sports participation at the regional level in Europ

Impacts of Internet Use on Trade: New Evidence for Developed and Developing Countries

This is an Accepted Manuscript version of the following article, accepted for publication in Emerging Markets Finance and Trade 57.10 (2021): 3017-3032. It is deposited under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any wayThis paper investigates the impact of Internet use on bilateral trade flows using a gravity model and panel data for the period 1996–2014. First, we test the positive influence of Internet use on exports for aggregate data. Second, we test the impact of Internet use on bilateral flows separately for high-income countries and low- and middle-income countries. We find a significant and positive relationship between the Internet and bilateral exports for both groups of countries. The results also show that the impacts vary from 0.03% to 0.13% depending on the levels of income. Unlike previous studies, our findings suggest that the effect of Internet use is greater for bilateral trade flows among high-income countries. We contribute to the literature by investigating the differentiated impacts of Internet use for high-income economies and low- and middle-income countries. Our study uses panel data and covers the period of the greatest Internet diffusionFinancial support received from the ECO2016-79650-P project funded by the Spanish Ministry of Economics and Innovation is also gratefully acknowledge

ICTs impacts on trade: a comparative dynamic analysis for internet, mobile phones and broadband

This is an Accepted Manuscript version of the following article, accepted for publication in Asia-Pacific Journal of Accounting and Economics 28.5 (2021): 577-591. It is deposited under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives License (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited, and is not altered, transformed, or built upon in any wayWe investigate the impact of internet use, mobile phones, and broadband on bilateral trade flows using a dynamic gravity model and panel data for 2004‒2013. We find a significant and positive relationship between each type of ICT and bilateral exports, although the impacts vary depending on the type of technology. Our findings suggest that the effect of ICT use is larger for mobile phones and smaller for broadband. The impact on trade is greater for the exporter than for the importer. Mobile phones register the greatest effect for import countries in trade flows from high-income to low- and middle-income countries

Los fondos de inversión en España: determinantes de la rentabilidad y del crecimiento patrimonial desde una perspectiva microeconómica

Tesis doctoral inédita. Universidad Autónoma de Madrid, Facultad de Ciencias Económicas y Empresariales, Departamento de Economía Aplicada. Fecha de lectura: 30-05-0

Internet banking: A new digital divide between the European regions?

This is an Accepted Manuscript of a book chapter published by Routledge/CRC Press in The Digital Disruption of Financial Services: International Perspectives, on 30-11-2021, available online: https://www.routledge.com/The-Digital-Disruption-of-Financial-Services-International-Perspectives/Lechman-Marszk/p/book/9781032057682The purpose of this chapter is to develop a regional approach for studying internet banking use (IBU) rates in Europe. To that aim, we analyse IBU in 244 European regions in 2019, considering the role played by technological, economic, social, and demographic factors. First, we apply a clustering technique to create a taxonomy of three groups of regions according to their levels of IBU: low, middle, and high levels of IBU. The results show great heterogeneity between European regions. Second, applying a multinomial logistic regression, we obtain that apart from Information and Communication Technologies (ICT), infrastructure, economic variables, and education level are the main predictors to explain internet banking diffusion. These findings may contribute to a better understanding of the European regional internet baking divides and the variety of socio-economic factors that may explain them. We contribute to the literature, first, because we provide a characterization of the European region in terms of internet banking adoption; and second, because we identify the regional determinants that explain this taxonom

Economic complexity, environmental quality and income equality: A new trilemma for regions?

The objective of this paper is to link the literatures on economic complexity, income equality and environmental quality within the context of the Environmental Kuznets Trilemma. Within this framework, it is possible to measure the presence of an impossible trinity of irreconcilable objectives: economic growth, equal distribution of income and environmental sustainability. Our paper revisits this trilemma by focusing on economic complexity (EC) indexes instead of direct measures of economic growth, and applies this analysis to the sub-national level. We link these three cutting-edge topics by means of novel datasets computed for the Spanish economy at the province level (NUTS-3) for a long period (2002–16). Our paper also sheds new light on the spatial patterns of the trilemma's three dimensions and their implications for the future of Spain's more peripheral regionsThis paper was developed in the context of two research projects: The Cintereg Project (www.c-intereg.es) and ECO2016-79650-P from the Spanish Ministry of Economics and Innovatio

Mechanisms of abrupt loss of virus control in a cohort of previous HIV controllers

Altres ajuts: FIPSE grant 360737-09; AELIX TherapeuticsA few individuals can control HIV infection without the need for antiretroviral treatment and are referred to as HIV controllers. We have studied HIV controllers who suddenly lose this ability and present with high in vivo viral replication and decays in their CD4 + T-cell counts to identify potential immune and virological factors that were responsible for initial virus control. We identify in vitro -determined reductions in the ability of CD8 T cells to suppress viral control and the presence of PD-1-expressing CD8 + T cells with a naive immune phenotype as potential predictors of in vivo loss of virus control. The findings could be important for the clinical management of HIV controller individuals, and it may offer an important tool to anticipate viral rebound in individuals in clinical studies that include combination antiretroviral therapy (cART) treatment interruptions and which, if not treated quickly, could pose a significant risk to the trial participants. Elite and viremic HIV controllers are able to control their HIV infection and maintain undetectable or low-level viremia in the absence of antiretroviral treatment. Despite extensive studies, the immune factors responsible for such exclusive control remain poorly defined. We identified a cohort of 14 HIV controllers that suffered an abrupt loss of HIV control (LoC) to investigate possible mechanisms and virological and immunological events related to the sudden loss of control. The in-depth analysis of these subjects involved the study of cell tropism of circulating virus, evidence for HIV superinfection, cellular immune responses to HIV, as well as an examination of viral adaptation to host immunity by Gag sequencing. Our data demonstrate that a poor capacity of T cells to mediate in vitro viral suppression, even in the context of protective HLA alleles, predicts a loss of viral control. In addition, the data suggest that inefficient viral control may be explained by an increase of CD8 T-cell activation and exhaustion before LoC. Furthermore, we detected a switch from C5- to X4-tropic viruses in 4 individuals after loss of control, suggesting that tropism shift might also contribute to disease progression in HIV controllers. The significantly reduced inhibition of in vitro viral replication and increased expression of activation and exhaustion markers preceding the abrupt loss of viral control may help identify untreated HIV controllers that are at risk of losing control and may offer a useful tool for monitoring individuals during treatment interruption phases in therapeutic vaccine trials. IMPORTANCE A few individuals can control HIV infection without the need for antiretroviral treatment and are referred to as HIV controllers. We have studied HIV controllers who suddenly lose this ability and present with high in vivo viral replication and decays in their CD4 + T-cell counts to identify potential immune and virological factors that were responsible for initial virus control. We identify in vitro -determined reductions in the ability of CD8 T cells to suppress viral control and the presence of PD-1-expressing CD8 + T cells with a naive immune phenotype as potential predictors of in vivo loss of virus control. The findings could be important for the clinical management of HIV controller individuals, and it may offer an important tool to anticipate viral rebound in individuals in clinical studies that include combination antiretroviral therapy (cART) treatment interruptions and which, if not treated quickly, could pose a significant risk to the trial participants

Adelante / Endavant

Séptimo desafío por la erradicación de la violencia contra las mujeres del Institut Universitari d’Estudis Feministes i de Gènere "Purificación Escribano" de la Universitat Jaume

Investigación en innovación educativa, y puesta en marcha de iniciativas de mejora de la calidad en el ámbito de la docencia en estadística económica

Ante el reto que supone el proceso de convergencia al Espacio Europeo en la Educación Superior (EEES), se pusieron en marcha varias iniciativas de mejora de la calidad en el ámbito de la docencia en estadística económica en la Universidad Autónoma de Madrid. Tales iniciativas se enmarcan dentro de un Proyecto de Innovación Docente (PID) realizado a lo largo del curso académico 2004-05 por un grupo de 6 profesores del Departamento de Economía Aplicada que impartieron docencia en la asignatura troncal de Estadística Descriptiva.SIN FINANCIACIÓNNo data 200