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The term “global liquidity” is often invoked by emerging market policy makers to denote the global factor that drives cross-border spillovers in financial conditions and credit growth. The term is oft...
The term “global liquidity” is often invoked by emerging market policy makers to denote the global factor that drives cross-border spillovers in financial conditions and credit growth. The term i...
This work considers the possibility to transport CO2 in an adsorbed phase and analyzes its cost as a function of transported quantities, transport conditions and transportation means. CO2 adsorption c...
With the new Technical Code for Construction and Energy Certification (application of the EPBD in Spain) energy consumption and carbon dioxide emissions are now taken into consideration during buildin...
We derive the exact solution of a one-dimensional Markov functional model with log-normally distributed interest rates in discrete time. The model is shown to have two distinct limiting states, corres...
Despite remarkable achievements in fighting poverty in the past three decades, numerous challenges remain for the People’s Republic of China. The country’s antipoverty efforts are in a key phase of ...
In this paper, we perform statistical segmentation and clustering analysis of the Dow Jones Industrial Average time series between January 1997 and August 2008.Modeling the index movements and log-ind...
We present a simple model of firm rating evolution. We consider two sources of defaults: individual dynamics of economic development and Potts-like interactions between firms. We show that such a defi...
The two phase behavior in financial markets actually means the bifurcation phenomenon, which represents the change of the conditional probability from an unimodal to a bimodal distribution. In this p...

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