Exchange Rate Volatility and Economic Performance in Peru: A Firm Level Analysis

This paper analyzes the impact of the exchange rate volatility on the performance of the Peruvian economy using financial information from 163 non-financial listed firms. We find evidence that, for firms holding dollar-denominated debt, investment decisions are negatively affected by real exchange rate depreciation. The reasons behind this result are: (i) the high degree of liability dollarization and currency mismatch that create the conditions for a balance sheet effect and a financial stress in the aftermath of a currency depreciation, (ii) the strong bank-lending channel that follows and reinforces the balance sheet effect, (iii) the domestic demand shrinkage that affects severely the firms sales, and (iv) the relatively small and poorly diversified export sector.

Reduced kinetic mechanisms for modelling LPP combustión in gas turbines

Reduced kinetic mechanisms for modelling LPP combustión in gas turbine

Multi-agent simulations for emergency situations in an airport scenario

This paper presents a multi-agent framework using Net- Logo to simulate humanand collective behaviors during emergency evacuations. Emergency situationappears when an unexpected event occurs. In indoor emergency situation, evacuation plans defined by facility manager explain procedure and safety ways tofollow in an emergency situation. A critical and public scenario is an airportwhere there is an everyday transit of thousands of people. In this scenario theimportance is related with incidents statistics regarding overcrowding andcrushing in public buildings. Simulation has the objective of evaluating buildinglayouts considering several possible configurations. Agents could be based onreactive behavior like avoid danger or follow other agent, or in deliberative behaviorbased on BDI model. This tool provides decision support in a real emergencyscenario like an airport, analyzing alternative solutions to the evacuationprocess.Publicad

Hydrophobic Ligand Binding by Zn-α_2-glycoprotein, a Soluble Fat-depleting Factor Related to Major Histocompatibility Complex Proteins

Zn-alpha2-glycoprotein (ZAG) is a member of the major histocompatibility complex (MHC) class I family of proteins and is identical in amino acid sequence to a tumor-derived lipid-mobilizing factor associated with cachexia in cancer patients. ZAG is present in plasma and other body fluids, and its natural function, like leptin's, probably lies in lipid store homeostasis. X-ray crystallography has revealed an open groove between the helices of ZAG's alpha1 and alpha2 domains, containing an unidentified small ligand in a position similar to that of peptides in MHC proteins (Sanchez, L. M., Chirino, A. J., and Bjorkman, P. J. (1999) Science 283, 1914-1919). Here we show, using serum-derived and bacterial recombinant protein, that ZAG binds the fluorophore-tagged fatty acid 11-(dansylamino)undecanoic acid (DAUDA) and, by competition, natural fatty acids such as arachidonic, linolenic, eicosapentaenoic, and docosahexaenoic acids. Other MHC class I-related proteins (FcRn, HFE, HLA-Cw*0702) showed no such evidence of binding. Fluorescence and isothermal calorimetry analysis showed that ZAG binds DAUDA with Kd in the micromolar range, and differential scanning calorimetry showed that ligand binding increases the thermal stability of the protein. Addition of fatty acids to ZAG alters its intrinsic (tryptophan) fluorescence emission spectrum, providing a strong indication that ligand binds in the expected position close to a cluster of exposed tryptophan side chains in the groove. This study therefore shows that ZAG binds small hydrophobic ligands, that the natural ligand may be a polyunsaturated fatty acid, and provides a fluorescence-based method for investigating ZAG-ligand interactions

Decomposing generalized transport costs using index numbers: A geographical analysis of economic and infrastructure fundamentals

We use the economic theory approach to index numbers in order to improve the existing definitions and decompositions of generalized transport costs (GTCs), and thus to obtain a better understanding of their economic and infrastructure determinants. Using this approach we accurately measure the contribution made to reducing GTCs by the variation in operating costs and accessibility variables, and discuss to what extent transportation policy has been successful in reducing GTCs in terms of market competition and infrastructure investments. To implement the optimizing behaviour of transportation firms when choosing minimum cost itineraries, we compile a new economic database on road freight transportation at a highly detailed provincial level, which is then embedded into a GIS to show the digitalized road networks corresponding to five-year intervals between 1980 and 2007. Average GTCs weighted by trade flows have decreased by -16.3% in Spain, with infrastructure policy leading the way in providing notable accessibility improvements in terms of lower times and distances. The contribution of infrastructure is double that of economic cost, whose trends are mainly driven by technological and market determinants rather than by specific competition and regulatory policies promoted by the administrations. We find large territorial disparities in GTC levels and variations, but also significant clusters where the market and network effects on GTC reduction show relevant and diverse degrees of spatial association. We finally conclude that after three decades of active transportation policy aimed mainly at intensifying investment in road infrastructure, there has been a significant increase in territorial cohesion in terms of GTCs and their components.Generalized transport costs; Index number theory; Infrastructure; GIS; Territorial cohesion.

Effects of quark family nonuniversality in SU(3)_c X SU(4)_L X U(1)_x models

Flavour changing neutral currents arise in the $SU(3)_c\otimes SU(4)_L\otimes U(1)_X$ extension of the standard model because anomaly cancellation among the fermion families requires one generation of quarks to transform differently from the other two under the gauge group. In the weak basis the distinction between quark families is meaningless. However, in the mass eigenstates basis, the Cabibbo-Kobayashi-Maskawa mixing matrix motivates us to classify left-handed quarks in families. In this sense there are, in principle, three different assignments of quark weak eigenstates into mass eigenstates. In this work, by using measurements at the Z-pole, atomic parity violation data and experimental input from neutral meson mixing, we examine two different models without exotic electric charges based on the 3-4-1 symmetry, and address the effects of quark family nonuniversality on the bounds on the mixing angle between two of the neutral currents present in the models and on the mass scales $M_{Z_2}$ and $M_{Z_3}$ of the new neutral gauge bosons predicted by the theory. The heaviest family of quarks must transform differently in order to keep lower bounds on $M_{Z_2}$ and $M_{Z_3}$ as low as possible without violating experimental constraints.Comment: 27 pages, 10 tables, 2 figures. Equation (19) and typos corrected. Matches version to appear in Phys. Rev.

Un nuevo índice para caracterizar el estado de conservación de las praderas de Posidonia oceanica (L.) Delile

Se presenta el índice de alteración, un índice que sirve para caracterizar el estado de conservación de las praderas de Posidonia

Nonlinear waves in a chain of magnetically coupled pendula

A motivation for the study of reduced models like one-dimensional systems in Solid State Physics is the complexity of the full problem. In recent years our group has studied theoretically, numerically and experimentally wave propagation in lattices of nonlinearly coupled oscillators. Here, we present the dynamics of magnetically coupled pendula lattices. These macroscopic systems can model the dynamical processes of matter or layered systems. We report the results obtained for harmonic wave propagation in these media, and the different regimes of mode conversion into higher harmonics strongly influenced by dispersion and discreteness, including the phenomenon of acoustic dilatation of the chain, as well as some results on the propagation of localized waves i.e., solitons and kinks.Generalitat Valenciana APOSTD/2017/042Umiversitat Politècnica de València PAID-01-14Ministerio de Economía y Competitividad (MINECO), Spain FIS2015-65998-C2-2-PJunta de Andalucía 2017/FQM-28

Violencia doméstica y conducta suicida: relatos de mujeres sobre la violencia y sus efectos

La violencia doméstica se ha asociado a las conductas suicidas en mujeres víctimas de esta situación. Sin embargo, son limitados los estudios que dan cuenta de la dimensión subjetiva de ambos hechos. El objetivo del trabajo fue identificar situaciones de violencia doméstica en mujeres adultas que han intentado suicidarse y el estado afectivo asociado a dicha violencia. Participaron veinte mujeres con intento de suicidio reciente. Se aplicó una entrevista semiestructurada a cada una. Los hallazgos se organizaron en los siguientes códigos: descripciones de los hechos de violencia doméstica; relación entre violencia sufrida y la tentativa suicida; deber de ayudar a otros a pesar de su estado emocional; violencia internalizada; aislamiento y vacío como emociones asociadas al suicidio y la violencia; el suicidio como solución a la violencia doméstica. Estas vivencias ante la violencia doméstica se sustentan en valores familiares y de género compartidos de forma cultural que vulneran emocionalmente a las mujeres. The domestic violence has been associated to suicide behavior in female victims. However, the subjective dimension of this association has been slightly studied. The aim of this work was to identify situations of domestic violence in adult female suicide attempters and the emotional state associated to the violence. 20 female suicide attempters participated. A semi-structured interview was applied to each participant. Findings were organized as follows: descriptions of domestic violence; relation between violence and suicide attempt; duty of helping others in family nevertheless her emotional state; internalized violence; isolation and emptiness as the emotions associated with suicide and violence; suicide as solutions to domestic violence. The association between suicide and domestic violence are sustained in family and gender values and beliefs. Females may be emotionally damaged by these cultural values.ITESO, A.C