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Book
Dynamic General Equilibrium Modeling
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ISBN: 9783540856849 9783540856856 3540856846 Year: 2009 Publisher: Berlin Heidelberg Springer Berlin Heidelberg

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Modern business cycle theory and growth theory uses stochastic dynamic general equilibrium models. In order to solve these models, economists need to use many mathematical tools. This book presents various methods in order to compute the dynamics of general equilibrium models. In part I, the representative-agent stochastic growth model is solved with the help of value function iteration, linear and linear quadratic approximation methods, parameterised expectations and projection methods. In order to apply these methods, fundamentals from numerical analysis are reviewed in detail. In part II, the authors discuss methods in order to solve heterogeneous-agent economies. This part of the book also serves as an introduction to the modern theory of distribution economics. Applications include the dynamics of the income distribution over the business cycle or the demographic transition in a large-scale overlapping generations model. In an accompanying home page to this book, computer codes to all applications can be downloaded. "This is perhaps the perfect book to learn how to solve quantitative macroeconomics models. Its balance between theory, choice of models, computational insights and use of examples make it an excellent teaching tool. One of the very few books a professional macroeconomist should have: I always learn something important when I consult it." José-Víctor Ríos Rull, University of Minnesota "This book not only does an excellent job in explaining the existing tools, but it also teaches the reader on how to write her/his own programs and it provides the reader with the tools to help advance the state of the art of dynamic macroeconomics. " Wouter J. Den Haan, University of Amsterdam "This is an excellent book for economists who do quantitative research. It will be an invaluable teaching tool for graduate macroeconomic courses." Ayse Imrohoroglu, University of Southern California " ¦ provides the reader with exactly the necessary computational tools to solve the dynamic general equilibrium models macroeconomists care about. It is therefore the perfect complement to Stokey, Lucas and Prescott's and Sargent and Ljungqvist's theoretical treatment of modern macroeconomics." Dirk Krueger, University of Pennsylvania


Book
Dendroclimatology : progress and prospects /.
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ISBN: 9781402057250 9781402040108 Year: 2010 Publisher: New York Springer

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A top priority in climate research is obtaining broad-extent and long-term data to support analyses of historical patterns and trends, and for model development and evaluation. Along with directly measured climate data from the present and recent past, it is important to obtain estimates of long past climate variations spanning multiple centuries and millennia. These longer time perspectives are needed for assessing the unusualness of recent climate changes, as well as for providing insight on the range, variation and overall dynamics of the climate system over time spans exceeding available records from instruments, such as rain gauges and thermometers.   Tree rings have become increasingly valuable in providing this long-term information because extensive data networks have been developed in temperate and boreal zones of the Earth, and quantitative methods for analyzing these data have advanced. Tree rings are among the most useful paleoclimate information sources available because they provide a high degree of chronological accuracy, high replication, and extensive spatial coverage spanning recent centuries. With the expansion and extension of tree-ring data and analytical capacity new climatic insights from tree rings are being used in a variety of applications, including for interpretation of past changes in ecosystems and human societies.   This volume presents an overview of the current state of dendroclimatology, its contributions over the last 30 years, and its future potential. The material included is useful not only to those who generate tree-ring records of past climate-dendroclimatologists, but also to users of their results-climatologists, hydrologists, ecologists and archeologists.   ˜With the pressing climatic questions of the 21st century demanding a deeper understanding of the climate system and our impact upon it, this thoughtful volume comes at critical moment. It will be of fundamental importance in not only guiding researchers, but in educating scientists and the interested lay person on the both incredible power and potential pitfalls of reconstructing climate using tree-ring analysis.', Glen M. MacDonald, UCLA Institute of the Environment, CA, USA   ˜This is an up-to-date treatment of all branches of tree-ring science, by the world's experts in the field, reminding us that tree rings are the most important source of proxy data on climate change.  Should be read by all budding dendrochronology scientists.', Alan Robock, Rutgers University, NJ, USA      


Book
Climate change, justice and sustainability : Linking climate and development policy
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ISBN: 9789400745407 9789400745391 9400745397 Year: 2012 Publisher: Dordrecht Springer

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Rich nations are mainly responsible for global greenhouse gas emissions, and they are financially and institutionally better placed to adapt to the impacts of global climate change. Developing countries, though, must face issues such as severe droughts, floods, and other environmental changes associated with the Earth's warming, with far fewer resources to adapt at their disposal. This volume examines the way climate change is affecting the lives and environments of the poor. It provides a global picture of these impacts as well as finer detail on specific regions. The result of a major research project co-funded by various scientific and development organisations, it combines scientific results about the causes, consequences, and economics of climate change with ethical implications for development policy and sustainability. Analysing and synthesising vast data sets from a multitude of disciplines including climate science, economics, hydrology and agricultural research, it seeks new methods of combining climate change mitigation, adaptation, development, and poverty reduction in ways that are effective, efficient and equitable. A guiding principle of the project is that new alliances of state and non-state sector partners are urgently required to establish cooperative responses to the threats posed by climate change. This volume offers a vital policy framework for linking our response to this change with progressive principles of global justice and sustainable development.


Book
Coastal impacts, adaptation, and vulnerabilities
Authors: ---
ISBN: 9781610914604 1610914600 9781597263665 1597263664 9781610914338 1610914333 Year: 2012 Publisher: Washington [D.C.]

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Developed to inform the 2013 National Climate Assessment, and a landmark study in terms of its breadth and depth of coverage and conducted under the auspices of the U.S. Global Change Research Program, Coastal Impacts, Adaptation, and Vulnerabilities examines the known effects and relationships of climate change variables on the coasts of the U.S. This state of the art assessment comes from a broad range of experts in academia, private industry, state and local governments, NGOs, professional societies, and impacted communities. It includes case studies on topics such as adaptive capacity; climate change effects on. It highlights past climate trends, projected climate change and vulnerabilities, and impacts to specific sectors. Rich in science and case studies, it examines the latest climate change impacts, scenarios, vulnerabilities, and adaptive capacity for nine major coastal regions of the United States and provides essential guidance for decision-makers - as well as environmental academics, professionals, and advocates - who seek to better understand how climate variability and change impact the US coasts and its communities.

Conditional term rewriting systems. Third international workshop, CTRS-92, Pont-à-Mousson, France, July 1992. Proceedings
Authors: ---
ISBN: 9780387683003 9780387366289 0387366288 0387563938 9786612833908 0387683003 1282833901 3540563938 Year: 1993 Volume: 41 Publisher: Berlin : Springer-Verlag,

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The book presents a wealth of material about the polar oceans, more specifically the ice-covered areas and peripheral seas. It provides a detailed history of the changing climate of the polar oceans as observed by satellite sensors in the last three decades. The satellite research data show spatial distributions of surface temperature, sea ice, albedo, chlorophyll concentration, clouds, ocean color and sea level pressure. The book discusses remote sensing techniques and algorithms used to transform digital data to geophysical parameters, to process and analyze the data, the limitations of these data and the enormous potential in the use of this data. The main goal of the book is the presentation of results from studies of the time evolution of polar surfaces as observed by satellite sensors and their relevance to the study of cryospheric and ocean processes and climate change. The book contains about 150 satellite images of surface parameters which reveal that from month to month and from one year to another the Earth is changing. Although the historical record of about three decades of continuous satellite observation is relatively short, these measurements have provided useful insights into the current state of the polar environment and have served as a powerful tool for studying the processes that govern the Earth’s climate system. The advent of even more sophisticated technology, including international ventures like the Global Earth Observation System of all Systems (GEOSS), will speed the progress. The advances in understanding of the Earth’s climate engine, including the crucial role played by the polar oceans, have been tremendous, and people look forward to being able to forecast effectively the state of the planet in the immediate and foreseeable future.

Stochastic Calculus for Fractional Brownian Motion and Applications
Authors: --- --- ---
ISBN: 1281220280 9786611220280 1846287979 1852339969 1849969949 9781852339968 9781846287978 Year: 2008 Publisher: London : Springer London : Imprint: Springer,

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Fractional Brownian motion (fBm) has been widely used to model a number of phenomena in diverse fields from biology to finance. This huge range of potential applications makes fBm an interesting object of study. fBm represents a natural one-parameter extension of classical Brownian motion therefore it is natural to ask if a stochastic calculus for fBm can be developed. This is not obvious, since fBm is neither a semimartingale (except when H = ½), nor a Markov process so the classical mathematical machineries for stochastic calculus are not available in the fBm case. Several approaches have been used to develop the concept of stochastic calculus for fBm. The purpose of this book is to present a comprehensive account of the different definitions of stochastic integration for fBm, and to give applications of the resulting theory. Particular emphasis is placed on studying the relations between the different approaches. Readers are assumed to be familiar with probability theory and stochastic analysis, although the mathematical techniques used in the book are thoroughly exposed and some of the necessary prerequisites, such as classical white noise theory and fractional calculus, are recalled in the appendices. This book will be a valuable reference for graduate students and researchers in mathematics, biology, meteorology, physics, engineering and finance. Aspects of the book will also be useful in other fields where fBm can be used as a model for applications.

Plants and Climate Change
Authors: --- ---
ISSN: 01679406 ISBN: 9781402044434 9781402044427 1402044429 9048171296 9786610743971 1280743972 1402044437 Year: 2006 Volume: 41 Publisher: Dordrecht : Springer Netherlands : Imprint: Springer,

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The book Plants and Climate Change focuses on how climate affects or affected the biosphere and vice versa both in the present and past. The chapters describe how ecosystems from the Antarctic and arctic and from other latitudes respond to global climate change. The book covers papers highlighting plant responses to atmospheric CO2 increase, to global warming and to increased ultraviolet-B radiation as a result of stratospheric ozone depletion. Depending on how and how well plant responses to increased temperature, atmospheric CO2 and ultraviolet-B have been preserved in the (sub)-fossil record, past climates and past atmospheric chemistry may be reconstructed. Pollen and tree-ring data reflect plant species composition and variation of temperature and precipitation over long or shorter time intervals. In addition to well preserved morphological and chemical plant properties, new analytical techniques such as stable isotopes are becoming increasingly important in this respect. The development and validation of such biotic climate and environment proxies build a bridge between biological and geological research. This highlights that plant-climate change research is becoming a multi- and transdisciplinary field of relevant research. Reprinted from Plant Ecology, 182:1-2 (2006).

Keywords

General ecology and biosociology --- Pedology --- ecologie --- Plant physiology. Plant biophysics --- systematische plantkunde --- meteorologie --- klimaatveranderingen --- Meteorology. Climatology --- klimatologie --- Plants --- Climate --- Ecology --- Plant ecology --- Growth (Plants) --- Climatic changes --- Croissance (Plantes) --- Climat --- Congresses --- Congrès --- Changements --- Klimaatverandering --- Planten --- Life sciences. --- Climate change. --- Atmospheric sciences. --- Ecology. --- Plant ecology. --- Plant science. --- Botany. --- Life Sciences. --- Plant Ecology. --- Atmospheric Sciences. --- Climate Change/Climate Change Impacts. --- Terrestial Ecology. --- Plant Sciences. --- Plant growth --- Growth --- Plant physiology --- Meristems --- Plant growth-promoting rhizobacteria --- Rejuvenescence (Botany) --- Development --- Klimaatverandering. --- Planten. --- Botanical science --- Phytobiology --- Phytography --- Phytology --- Plant biology --- Plant science --- Biology --- Natural history --- Balance of nature --- Bionomics --- Ecological processes --- Ecological science --- Ecological sciences --- Environment --- Environmental biology --- Oecology --- Environmental sciences --- Population biology --- Botany --- Phytoecology --- Vegetation ecology --- Ecology . --- Changes, Climatic --- Changes in climate --- Climate change --- Climate change science --- Climate changes --- Climate variations --- Climatic change --- Climatic fluctuations --- Climatic variations --- Global climate changes --- Global climatic changes --- Climatology --- Climate change mitigation --- Teleconnections (Climatology) --- Atmospheric sciences --- Earth sciences --- Atmosphere --- Environmental aspects --- Floristic botany --- Floristic ecology --- Global environmental change


Book
Introduction to Climate Modelling
Author:
ISSN: 18668348 ISBN: 9783642007736 9783642007729 3642007724 3642007732 1299337864 Year: 2011 Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer,

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A three-tier approach is presented: (i) fundamental dynamical concepts of climate processes, (ii)  their mathematical formulation based on balance equations, and (iii) the necessary numerical techniques to solve these equations. This book showcases the global energy balance of the climate system and feedback processes that determine the climate sensitivity, initial-boundary value problems, energy transport in the climate system, large-scale ocean circulation and abrupt climate change.

Keywords

geofysica --- geografie --- Geophysics --- klimaatveranderingen --- toegepaste wiskunde --- klimatologie --- Mathematics --- meteorologie --- Physical geography --- Meteorology. Climatology --- geophysics --- fysische geografie --- Geology. Earth sciences --- Earth Sciences. --- Earth Sciences, general. --- Meteorology/Climatology. --- Climate Change. --- Geophysics/Geodesy. --- Geography. --- Physical geography. --- Meteorology. --- Climatic changes. --- Géographie --- Géographie physique --- Météorologie --- Climat --- Changements --- Climatology --- Klimatologie --- Mathematisches Modell --- Simulation methods --- Mathematical models --- Earth sciences. --- Climatology. --- Geophysics. --- Climate change. --- Numerical weather forecasting. --- Mathematical models. --- Data processing. --- Mathematical weather forecasting --- Physical weather forecasting --- Weather forecasting --- Climate --- Climate science --- Science of climate --- Meteorology --- Climate sciences --- Atmospheric science --- Geography --- Changes, Climatic --- Changes in climate --- Climate change --- Climate change science --- Climate changes --- Climate variations --- Climatic change --- Climatic changes --- Climatic fluctuations --- Climatic variations --- Global climate changes --- Global climatic changes --- Climate change mitigation --- Teleconnections (Climatology) --- Cosmography --- Earth sciences --- World history --- Environmental aspects --- Geological physics --- Terrestrial physics --- Physics --- Geosciences --- Environmental sciences --- Physical sciences --- Global environmental change --- Climatology - Simulation methods --- Climatology - Mathematical models


Book
The Sun : A User's Manual
Author:
ISBN: 9781402068812 1402068808 9781402068805 9048177499 9786611954604 9781402066805 1281954608 1402068816 Year: 2008 Publisher: Dordrecht : Springer Netherlands : Imprint: Springer,

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The Sun is an account of the many ways in which our nearest star affects our planet, how its influence has changed over the last few centuries and millennia, and the extent to which we can predict its future impact. The Sun's rays foster the formation of Vitamin D by our bodies, but it can also promote skin cancer, cataracts, and mutations in our DNA. Besides providing the warmth and light essential to most animal and plant life, solar energy contributes substantially to global warming. Although the charged particles of the solar wind shield us from harmful cosmic rays, solar storms may damage artificial satellites and cripple communication systems and computer networks. The Sun is the ideal renewable energy source, but its exploitation is still bedevilled by the problems of storage and distribution. Our nearest star, in short, is a complex machine which needs to be treated with caution, and this book will equip every reader with the knowledge that is required to understand the benefits and dangers it can bring.

Keywords

Physics. --- Astronomy, Observations and Techniques. --- Astrophysics and Astroparticles. --- Geophysics/Geodesy. --- Climate Change. --- Meteorology/Climatology. --- Physical geography. --- Meteorology. --- Climatic changes. --- Physique --- Géographie physique --- Météorologie --- Climat --- Changements --- Solar energy. --- Solar radiation --Physiological effect. --- Sun. --- Solar radiation --- Solar energy --- Astronomy & Astrophysics --- Physical Sciences & Mathematics --- Astronomy - General --- Astrophysics --- Physiological effect --- Physiological effect. --- Solar power --- Sunshine --- Geophysics. --- Atmospheric sciences. --- Observations, Astronomical. --- Astronomy --- Astrophysics. --- Climate change. --- Atmospheric Sciences. --- Observations. --- Solar system --- Force and energy --- Renewable energy sources --- Medical climatology --- Changes, Climatic --- Changes in climate --- Climate change --- Climate change science --- Climate changes --- Climate variations --- Climatic change --- Climatic changes --- Climatic fluctuations --- Climatic variations --- Global climate changes --- Global climatic changes --- Climatology --- Climate change mitigation --- Teleconnections (Climatology) --- Geography --- Environmental aspects --- Astronomy—Observations. --- Atmospheric sciences --- Earth sciences --- Atmosphere --- Geological physics --- Terrestrial physics --- Physics --- Astronomical physics --- Cosmic physics --- Astronomical observations --- Observations, Astronomical --- Global environmental change


Book
Option Pricing in Fractional Brownian Markets
Author:
ISBN: 3642003303 9786612236136 128223613X 3642003311 9783642003301 9783642003318 Year: 2009 Publisher: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer,

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The scientific debate of recent years about option pricing with respect to fractional Brownian motion was focused on the feasibility of the no arbitrage pricing approach. As the unrestricted fractional market setting allows for arbitrage, the conventional reasoning is that fractional Brownian motion does not qualify for modeling price process. In this book, the author points out that arbitrage can only be excluded in case that market prices move at least slightly faster than any market participant can react. He clarifies that continuous tradability always eliminates the risk of the fractional price process, irrespective of the interpretation of the stochastic integral as an integral of Stratonovich or Itô type. Being left with an incomplete market setting, the author shows that option valuation with respect to fractional Brownian motion may be solved by applying a risk preference based approach. The latter provides us with an intuitive closed-form solution for European options within the fractional context.

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