Tree species’ tolerance to water stress, salinity and fire

According to climate change predictions, water availability might change dramatically in Europe and adjacent regions. This change will undoubtedly have an adverse effect on existing tree species and affect their ability to cope with a lack or an excess of water, changes in annual precipitation patterns, soil salinity and fire disturbance. The following chapter will describe tree species and proven-ances used in European forestry practice which are the most suitable to deal with water stress, salinity and fire. Each subchapter starts with a brief description of each of the stress factors and discusses the predictions of the likelihood of their occurrence in the near future according to the climate change scenarios. Tree spe-cies and their genotypes able to cope with particular stress factor, together with indication of their use by forest managers are then introduced in greater detail

Firm Characteristics, Economic Conditions and Capital Structure Adjustment

We use a dynamic framework and panel methodology to investigate the determinants of a firms’ time-varying capital structure. Our sample comprises 706 European firms from France, Germany, Italy and the U.K. over the period from 1983 to 2002. If capital structure adjustment is costly, firms may deviate temporarily from their target debt ratios. Therefore, we endogenize the adjustment process and analyze the impact of firm-specific characteristics as well as macroeconomic factors on the speed of adjustment towards target leverage. We find that larger and faster growing firms as well as firms that are further away from their targets adjust more readily. Additionally, we document interesting relations between well-known business cycle variables and the adjustment speed. In a nutshell, firms adjust faster in favorable macroeconomic conditions, e.g., if interest rates are low and the risk of disruptions in the global financial system are negligible. We also document that capital structure decision are largely determined by financial constraints. Finally, we shed new light on the interdependence between book value based and market value based measures of leverage as well as on capital structure rebalancing issues.Capital Structure, dynamic analysis, panel data

History of Hidalgo County elected officials from 1852 to 1963

From John Closner and Family collection, publication compiled for Pharr Press by Lee Stambaugh, Austin, Texas, 1963. Booklet lists Hidalgo County Elected Officials by year, office, and name. Also includes supplement listing officials representing Hidalgo County at the state level. History of Hidalgo County elected officials from 1852 to 1963, 1963, Container: 39, Box: 4, Folder: 12. University of Texas Rio Grande Valley Special Collections and Archives, Edinburg Campus. https://archives.lib.utrgv.edu/repositories/2/archival_objects/80831https://scholarworks.utrgv.edu/hidalgohist/1016/thumbnail.jp

Gestión del conocimiento en la Universidad : reflexiones sobre su creación circulación y apropiación a partir de lo observado en la FCE - UNC

Se presenta un trabajo que toma a la universidad como objeto de investigación. Se analizan algunos resultados del proyecto de investigación: Creación de conocimiento en la universidad. Análisis de incidencia de la estructura y de los procesos pedagógicos-didácticos mediados por NTIC en la Facultad de Ciencias Económicas UNC. Se indaga sobre la incidencia de estos procesos en la generación, formalización y transmisión de conocimientos en la institución. Se concluye con algunas discusiones referidas a la privatización del conocimiento en la universidad, la naturalización de que hay que comercializar el conocimiento y sobre la titularidad alguien en particular, la universidad- del conocimiento producido. Se observan condiciones específicas de la estructura organizacional y ciertas prácticas pedagógicas de docentes agrupados en departamentos, cátedras y programas especiales (CBD Y PACENI), indagando si los mismos pueden representar espacios potentes para la construcción colectiva de conocimiento. En este sentido, nos preguntamos cómo contribuyen, o podrían contribuir a un aprendizaje que permita a los estudiantes no sólo conocer mejor sobre aspectos disciplinares, sino inducirlos a pensar a partir de lo que conocen y para que la institución educativa se oriente a la atención de las problemáticas de desarrollo social y humanoFil: Pensa, Dalmira. Universidad Nacional de Córdob

Water greenways. A case study in Milano north area: “V’Arco Villoresi” (Villoresi gate - bow)

The northern part of Milan, even if it is formed of many medium and small Municipalities, is considered a big metropolitan area. It’s uncontained growth, has caused intense soil consumption and territory capillary fragmentation. Fortunately, natural and agricultural areas survive thanks to some political regulations, on different scales, that have limited damage and protected part of the most significant territory. Most of these are parks, historical agricultural landscape, historical hydraulic system works and architectural emergences. Currently, the principal requisites are, first, to preserve the residual areas, avoiding speculation, and, then, to reconnect a large system that is separated by urbanization and infrastructures. Different greenway projects are planned in the northern area of Milan. First of all there is the Regional Ecological Network (RER), it is considered the guideline for local and regional planning. With the decision 8/8515, 26th November 2008, the Regional Committee approved the design for the most urbanized part of Lombardy and the criteria for its implementation at regional and local level. At the same time, the Province of Milan, within its’ Territorial Plan (PTCP), has armed itself with an instrument dedicated to improve the environmental quality of the territory and lives of citizens: the ecological provincial network, commonly called “Dorsale Verde” (Green Dorsal). In perfect agreement, a good example is what the Consorzio di Bonifica Est Ticino Villoresi ETVilloresi (Reclamation Consortium East Ticino Villoresi) is doing in the northern area of Milan and Monza-Brianza, working in different scales and involving Institutions (Region e Lombardia, Provincia di Milano, Provincia di Monza-Brianza and Local Municipality), Associations, investors (Fondazione Cariplo) and citizens. The ETVilloresi is developing numerous projects on a large part of the territory in the north of Milano and it is increasing its works to draw water from theTicino river. The first is to realize a green corridor employing and improving an existent irrigation canal, the Villoresi Canal, from the Ticino River (west of Milano) to the Adda River (east of Milano): a project under realization that plans 86 kilometers of works with Villoresi Canal and other minor canal systems of about 4.000 kilometers. The project was presented in a meeting in Milano, some months ago, and it is called “V’arco Villoresi” and its intensions are to obtain an ecosystem linear area where water is the protagonist. Along the Villoresi Canal, a large wooden strip and a wetland area series will connect existent parks and ecosystems; a cycle way will join parks and towns; a “Villoresi Museum of Water” in Panperduto Dam (Figure 1) and a visitors centre in Parabiago

Catbonds

Das vorliegende Papier präsentiert das Konzept der Verbriefung von Versicherungsrisiken NEWLINE (insurance-linked securities) anhand von Catastrophe Bonds. In NEWLINE einem ersten Teil wird das traditionelle Versicherungsgeschäft vorgestellt und NEWLINE auf dessen Hauptproblematiken eingegangen. In einem zweiten Teil wird die NEWLINE Verbriefung von Versicherungsrisiken auf dem Kapitalmarkt gerechtfertigt. Im NEWLINE weiteren Verlauf werden die Möglichkeiten der Verbriefung anhand von Catastrophe NEWLINE Bonds im Detail vorgestellt. Das Papier wird durch eine detaillierte NEWLINE Analyse aus der Investorensicht beschlossen

We Salute the Veterans of the Lower Rio Grande Valley

A Special Poster Exhibit Honoring the Service and Sacrifice of Our Veterans and their Familieshttps://scholarworks.utrgv.edu/librarydisplayposters/1026/thumbnail.jp

Desenmascaramiento, inmigración y neo-grotesco criollo: una aproximación a anclado en Madrid de Roberto Ibáñez

This paper is an analysis of Anclado en Madrid (1991), written by the Argentinean playwright and actor Roberto Ibanez. It focuses on how elements from the “grotesco criollo” tradition from the beginning of the XX Century develops later into the “neogrotesco criollo”. The article deals particularly with both the changes and permanence produced by the passage from one tradition to another. It takes into consideration how the development of a new tradition incorporates new visions of the world, the family as a whole, geographic space and the description of characters.En este trabajo realizamos un acercamiento a la obra teatral Anclado en Madrid (1991) del dramaturgo y actor argentino Roberto Ibañez. A través de nuestro análisis observaremos como los elementos de la tradición del “grotesco criollo” de principios del siglo XX se ha ido desarrollando y re-formulando hacia fines del mismo siglo en lo que se ha dado en llamar el “neo-grotesco criollo”. Principalmente nos referimos aquí a los cambios y permanencias que se producen por el pasaje del “grotesco criollo” al “neo-grotesco criollo”. Analizamos en este caso cómo la transposición y desarrollo de la primera tradición hacia la segunda incorpora una nueva visión de mundo y un uso inédito de elementos del grotesco criollo como los del núcleo familiar, el espacio geográfico y la caracterización de los personajes

Asian Pacific American Heritage Month: Rio Grande Valley History

Asian/Pacific American Heritage Month is observed annually in the U.S. during May and recognizes the achievements and influence of Asian Americans and Pacific Islander (AAPI) Americans in the history, culture, and achievements of our country. The legacy of the AAPI community dates back to the earliest arrival of Asian immigrants to North America and the contributions of families and individuals continue to shape the heritage of the lower Rio Grande Valley. This exhibit documents Asian exclusion and anti-immigration as well as the historical contributions and achievements of our APA community in the Valley.https://scholarworks.utrgv.edu/dei_posters/1000/thumbnail.jp

Estimating the Cost of Executive Stock Options: Evidence from Switzerland

It is often argued that Black-Scholes (1973) values overstate the subjective value of stock options granted to risk-averse and under-diversified executives. We construct a “representative” Swiss executive and extend the certainty- equivalence approach presented by Hall and Murphy (2002) to assess the value-cost wedge of executive stock options. Even with low coefficients of relative risk aversion, the discount can be above 50% compared to the Black-Scholes values. Regression analysis reveals that the equilibrium level of executive compensation is explained by economic determinant variables such as firm size and growth opportunities, whereas the managers’ pay-forperformance sensitivity remains largely unexplained. Firms with larger boards of directors pay higher wages, indicating potentially unresolved agency conflicts. We reject the hypothesis that cross-sectional differences in the amount of executive pay vanish when risk-adjusted values are used as the dependent variable.Managerial compensation, incentives, executive stock options, option valuation, risk aversion