A nonlinear model for the investment function in Spain

This paper developpes a nonlinear single equation econometric model for the investment function in Spain, taking as starting point the equation estimated by Andrés et al. (1990). This original model, linear in its structure, incorporates oscillant dynamic relationships between the dependent and the explanatory variables. In the nonlinear model estimated in this paper, the response of the investment to production depends at any moment on the relative prices of energy, as an indicator of uncertainty into the future. This allows the investment to response with big oscillations to movements in production only in moments of great uncertainty. This alternative model introduces a nonlinear error-correction scheme, in which the adjustments to the long-run equilibrium path are affected by an exogenous variable. The model also improves the original adjustment, by reducing the residual variance in more than 30%

A Gendered Voice in Translation: Translating Like a Feminist

This paper addresses some of the challenges inherent in finding and showing a gendered voice in translation. The starting point is my own experience as a feminist translator of both feminist and non-feminist texts. Textual practices like translating necessarily interact with current theoretical debates. In turn, theoretical writing on feminism enriches and informs one’s translating activity. This interplay between theoretical models and textual practices was particularly made evident to me as I rendered Essentially speaking, by Diana Fuss, into Catalan. In this article I intend to transcend anecdotes of translating individual texts and consider how translating equals rewriting oneself; it involves rethinking writing practices. I will specifically address the rethinking of (1) one’s identity when translating ‘like’ a feminist, (2) performativity in gender and in translation, and (3) agency and (In)visibility

Repensar la representabilidad

Este artículo explora las aportaciones de la traductología teatral al debate sobre la representabilidad de la última década. Se recogen las delimitaciones al concepto a partir de enfoques textuales, que se circunscriben en prácticas teatrales e ideológicas concretas. Se examina el poder relativo del traductor frente al dramaturgo y la dirección escénica y la negociabilidad de la traducción. Se retoma el debate sobre las traducciones literales y sus adaptaciones por dramaturgos reconocidos, vistas como un tipo de traducción colaborativa y, por último se examina la (ir)representabilidad de traducciones en contextos culturales en conflicto. Palabras clave: Traducción teatral, representabilidad, oralidad, negociabilidad, traducción colaborativa

Forecasting monthly us consumer price indexes through a disaggregated I(2) analysis

In this paper we carry a disaggregated study of the monthly US Consumer Price Index (CPI). We consider a breakdown of US CPI in four subindexes, corresponding to four groups of markets: energy, food, rest of commodities and rest of services. This is seen as a relevant way to increase information in forecasting US CPI because the supplies and demands in those markets have very different characteristics. Consumer prices in the last three components show I(2) behavior, while the energy subindex shows a lower order of integration, but with segmentation in the growth rate. Even restricting the analysis to the series that show the same order of integration, the trending behavior of prices in these markets can be very different. An I(2) cointegration analysis on the mentioned last three components shows that there are several sources of nonstationarity in the US CPI components. A common trend analysis based on dynamic factor models confirms these results. The different trending behavior in the market prices suggests that theories for price determinations could differ through markets. In this context, disaggregation could help to improve forecasting accuracy. To show that this conjecture is valid for the non-energy US CPI, we have performed a forecasting exercise of each component, computed afterwards the aggregated value of the non energy US CPI and compared it with the forecasts obtained directly from a model for the aggregate. The improvement in one year ahead forecasts with the disaggregated approach is more than 20%, where the root mean squared error is employed as a measure of forecasting performance

Forecasting inflation in the european monetary union: a disaggregated approach by countries and by sectors

Inflation in the European Monetary Union is measured by the Harmonised Indices of Consumer Prices (HICP) and it can be analysed by breaking down the aggregate index in two different ways. One refers to the breakdown into price indexes corresponding to big groups of markets throughout the European countries and another considers the HICP by countries. Both disaggregations are of interest because in each one, the component prices are not fully cointegrated, having more than one common factor in their trends. The paper shows that the breakdown by group of markets improves the European inflation forecasts and constitutes a framework in which general and specific indicators can be introduced for further improvement

Forecasting monetary union inflation: a disaggregated approach by countries and by sectors.

Inflation in the European Monetary Union is measured by the Ra.IlJllonised Consumer Price Index (RCP!) and it can be analysed by breaking down the aggregate index in two different ways. One refers to the breakdown into price indexes corresponding to big groups of markets throughout the European countries and another considers the RCP! by countries. The paper shows that both disaggregations are of interest because in each one, the component prices are not fully cointegrated and then have more than one common factor. For purposes of forecasting the RCP! for the global EMU the disaggregation matters in all the horizons, one to twelve months, considered in the paper. The question is that innovations in an aggregate of non-fully cointegrated componentes will have different long-run effects depending on the common trend which they mainly stem from. Then the resulting ARIMA model for the aggregate can have a quite complex structure which restrictions which could be captured more easily through a disaggregate approachCore inflation; Cointegration; Univariate models; VeqCM;

Traducción y audiodescripción de documentales científicos

La multidisciplinaridad en el ámbito de la Traducción científica.El conocimiento científico se difunde cada vez más mediante una variedad de formatos audiovisuales que tanto se dirigen a públicos especializados como a públicos más amplios, con el fin de tender puentes entre la comunidad científica y el resto de la población. Entre estos formatos se cuentan las presentaciones y animaciones multimedia, y también los documentales científicos divulgativos. Estos últimos han experimentado cierto auge de popularidad y atención crítica desde el inicio del milenio, pero existe relativamente poca investigación desde los estudios de traducción y accesibilidad audiovisual. En la primera parte de esta conferencia examinaremos la especificidad de la traducción de documentales, con especial atención al voice-over, la modalidad de traducción más habitual en España, en relación con las convenciones del género sobre verosimilitud y autenticidad. En la segunda parte abordaremos la audiodescripción de documentales y analizaremos las pautas existentes (ITC Guidance On Standards for Audio Description, 2000; norma UNE 153020, 2005) para ver hasta qué punto se acomodan a la especificidad de este género. Analizaremos una serie de documentales científicos audiodescritos en España y nos centraremos en aspectos que ponen a prueba requisitos habituales sobre “objetividad” en la audiodescripción como son el lenguaje cinematográfico, la interacción entre el guión y la imagen, y el uso del lenguaje figurativo.Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech

Macroeconomic forecasts for the euro-zone and some policy implications.

This paper deals with the recent evolution, perspectives and some policy considerations for the Euro-Zone on the basis of the analysis of inflation, GDP and Industrial Production in EMU. The analysis shows that the year on year rates of growth will recover form the third quarter of 2002 for GDP and from October 2002 for Industrial Production. Regarding inflation, the ECB target of 2% will be attained between March and November 2002, but after this month, and during 2003 inflation will be around 2,1%

Consideraciones sobre la función de inversión en España

En este artículo se realiza un estudio detenido del modelo para la inversión estimado por Andrés et al. (1990). Dicha estimación contiene filtros racionales con raíces complejas que producen respuestas oscilantes ante variaciones de tipo impulso sobre las variables explicativas. Se detecta que tal característica de los filtros se debe a que las oscilaciones en la inversión ocurridas en los años de las crisis energéticas, 1974-80, sólo pueden captarse en el modelo mencionado mediante filtros, ya que las variables explicativas no contienen oscilaciones de tal magnitud. En este trabajo se permite que la respuesta de la inversión ante variaciones en la producción sea función de los precios relativos de la energía, con lo que las grandes oscilaciones de éstas se transmiten a la inversión. Con ello desaparece la necesidad de incorporar una estruetura oscilante en la respuesta de la inversión respecto al producto en ausencia de perturbaciones importantes en los precios relativos de la energía. El modelo obtenido en este trabajo supone una reducción de la varianza residual del 32.4 por ciento respecto al modelo de Andrés et al. (1990)