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policies subsidizing education. This legitimacy lies in the fact that education is a source of positive externalities. In a … education also requires to tax births. Indeed, education subsidies decrease the net cost of children such that parents can …. When the externalities on education are very high relatively to the positive externalities on health, the indirect subsidy …
Persistent link: https://www.econbiz.de/10010750938
This paper attempts to re-examine the notion of equality, going beyond the classic opposition in France between … education to the question of how to raise equality of capability. In this paper we propose an assessment based on the capability …
Persistent link: https://www.econbiz.de/10010899181
An elementary arbitrage principle and the existence of trends in financial time series, which is based on a theorem … incorporating them into the trends. Several convincing computer experiments are reported. …
Persistent link: https://www.econbiz.de/10010551681
Since the Brundtland report in 1987, at the start of the series of United Nations Conferences on the Environment and Development, the world population has grown by more than it was in the time of Adam Smith. Oil consumption has increased by 40% and the trend is similar for other exhaustible...
Persistent link: https://www.econbiz.de/10010739123
not only a rigorous approach of trends and volatility, but also efficient calculations which were already successfully …
Persistent link: https://www.econbiz.de/10008924910
population. This analysis has been conducted both in Lyon and Grenoble conurbation in south-east of France from several household … prospective and urban policy. It appears that very strong socio-demographic trends act to reduce, when not cancel, the effect of …
Persistent link: https://www.econbiz.de/10008788857
New fast estimation methods stemming from control theory lead to a fresh look at time series, which bears some resemblance to "technical analysis". The results are applied to a typical object of financial engineering, namely the forecast of foreign exchange rates, via a "model-free" setting,...
Persistent link: https://www.econbiz.de/10008791958
We derive two new technical indicators for trading systems and risk management. They stem from trends in time series … existence of trends in financial time series, Proc. Int. Conf. Systems Theory: Modelling, Analysis and Control, Fes, 2009), and …
Persistent link: https://www.econbiz.de/10008792384
We are settling a longstanding quarrel in quantitative finance by proving the existence of trends in financial time … (Integration over finite sets, F. & M. Diener (Eds): Nonstandard Analysis in Practice, Springer, 1995, pp. 195--204). Those trends …
Persistent link: https://www.econbiz.de/10008792433
management. This setting, which is based on the existence of trends for financial time series via nonstandard analysis (Fliess M …., Join C.: A mathematical proof of the existence of trends in financial time series, Proc. Int. Conf. Systems Theory …
Persistent link: https://www.econbiz.de/10008792703