3,003 research outputs found

    Rationally cubic connected manifolds I: manifolds covered by lines

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    In this paper we study smooth complex projective polarized varieties (X,H) of dimension n \ge 2 which admit a dominating family V of rational curves of H-degree 3, such that two general points of X may be joined by a curve parametrized by V, and such that there is a covering family of rational curves of H-degree one. Our main result is that the Picard number of these manifolds is at most three, and that, if equality holds, (X,H) has an adjuction theoretic scroll structure over a smooth variety

    Do workers'remittances reduce the probability of current account reversals ?

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    The authors combine the literature on financial crises in emerging markets and developing economies with that on international migrations by investigating whether the increasingly large flows of workers'remittances can help reduce the probability of current account reversals. The rationale for this stands in the great stability and low cyclicality of remittances as compared with other private capital flows: these properties, combined with the fact that remittances are cheap inflows of foreign currencies, might reduce the probability that foreign investors suddenly flee out of emerging markets and developing economies and trigger a dramatic current account adjustment. The authors find that remittances can have such a beneficial effect. In particular, they show that a high level of remittances, as a ratio of GDP, makes the relationship between a decreasing stock of international reserves (over GDP) and a higher probability of current account crises less stringent. The same occurs, though less neatly, for the positive relationship between an increasing stock of external debt (over GDP) and the probability of current account reversals. The results point also to a threshold effect of remittances: the mechanisms just described are, in fact, much stronger when remittances are above 3 percent of GDP.Macroeconomic Management,External Debt,Financial Economics,Economic Theory&Research,Free Trade

    Relativistic effects in the solar EOS

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    We study the sensitivity of the sound speed to relativistic corrections of the equation of state (EOS) in the standard solar model by means of a helioseismic forward analysis. We use the latest GOLF/SOHO data for ℓ=0,1,2,3\ell = 0,1,2,3 modes to confirm that the inclusion of the relativistic corrections to the adiabatic exponent Γ1\Gamma_1 computed from both OPAL and MHD EOS leads to a more reliable theoretical modelling of the innermost layers of the Sun.Comment: 3 pages, 3 figures, aa.cls, to appear on Astronomy and Astrophysic

    China and the West: China\u27s Response to the West

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    The impact of origin region and internal migration on Italian fertility

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    We examine the impact of population distribution on fertility in a nationally representative sample. We exploit detailed life-history data to conduct an event-history analysis of transition to first birth, examining mechanisms that might link migration and fertility: socialization, adaptation, selection, and disruption. Our multivariate analysis examines various socio-demographic traits, the place of birth, and interregional migration. Differences by region and migration stream are partly explained by compositional factors, such as female employment, union type, and education. The analysis presents much evidence for demographic selection and socialization and less for adaptation or disruption. The persistence of the region of origin differentials points to the continuing importance of the context
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