An Exceptional Survey - Rough sleepers, Homeless: Renewed Questioning

Homeless, Poverty, Housing Conditions, Welfare

Les ZIEE - un nouveau moyen d'imposer des projets économiques dans les territoires

International audienceLes lois de décentralisation, suivies des lois Grenelle, avaient eu, semble-t-il, pour objectif d'inciter à un développement économique moins centralisé, adapté aux besoins et aux enjeux des territoires, en termes d'emploi, de capacités et de sensibilité environnementale. On assiste cependant aujourd'hui à une inversion de tendance : la reprise en main de l'Etat se manifeste dans une ambition qui consiste désormais à trouver des territoires d'accueil pour les projets économiques, quel que soit leur coût écologique, plutôt que développer des projets de territoires conçus localement et dans le respect de l'environnement. L'article 16 de la loi n° 2014-1 du 2 janvier 2014 habilitant le Gouvernement à simplifier et sécuriser la vie des entreprises, en autorisant i le Gouvernement à définir par ordonnance des « zones présentant un intérêt majeur pour l'implantation d'activités économiques identifiées [ZIEE], dans lesquelles les enjeux environnementaux font l'objet d'un traitement anticipé » et à en fixer le régime juridique dérogatoire est une manifestation évidente de cette évolution

New Insight on the Performance of Equity Long/short Investment Styles

peer reviewedLong-short equity strategies have recently generated exceptional performance raising a set of concerns about the strategies’ propensity to deliver alpha or beta. This paper revisits the performance of equity long-short hedge funds across investments styles. We first categorize individual hedge funds with regard to their size and/or value factor investing along the generalization of Sharpe (1992) style analysis. Style weights on size and value factors are used to split the equity long-short universe in 5x5 hedge fund style portfolios. To analyze the performance of each style, we consider two sets of innovative factors. First, we apply sequential Fama-French model of Lambert, Fays and Hübner (2015). Besides, to captures downside and extreme risk embedded in hedge fund strategies we augment the model with the co-skewness and co-kurtosis factors developed by Lambert and Hübner (2013). Under this framework, we perform cross-sectional performance analyses of individual hedge funds as well as time-series analysis on the hedge fund style broad category. Our contributions are threefold; first, our alternative framework significantly improves the explanatory power of the multi-factor model in the context of long-short equity funds, second, considering higher-moment factors aim to capture part of the abnormal return of the downside and extreme risk exposures taken by a fund manager, and finally, long-short equity hedge funds are, to some extent, less exposed to small capitalisation stocks than expected and instead rather prefer higher momentum levels in their strategies.Hedge funds special editio

Evaluation of procalcitonin and CRP as sepsis markers in 74 consecutive patients admitted with prolonged febrile neutropenia

International audienceFever is a major event in critically ill patients. Its causes are difficult to identify and among them, bacterial infections must be rapidly identified and treated before sepsis reach a life threatening stage. CRP is a very sensitive marker of inflammation of whatever causes including sepsis. This is particularly crucial in immunocompromised patients. On the other hand, PCT has been extensively shown to be strongly and rapidly produced in bacterial infections only. Furthermore, PCT decreases very soon after bacterial resolution, and is thus a very useful in monitoring adequacy and efficiency of antibiotics. The utility of this marker in sever sepsis is now widely admitted

Parenting the second time around: Voices from the Hispanic community on raising their grandchilden

This study explores the experiences of Hispanic grandmothers who are parenting a second time around. This study looked at the strengths, needs, services, within their kinship arrangements. Child welfare workers could gain an in-depth understanding in cultural context that could influence their practice and service delivery