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Plates, plumes, and paradigms
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ISBN: 0813723884 Year: 2005 Publisher: Boulder, Colo. : Geological Society of America,

The noisy oscillator : the first hundred years, from Einstein until now
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ISBN: 1281899194 9786611899196 9812703225 9789812703224 9789812565129 9812565124 9781281899194 9812565124 6611899197 Year: 2005 Publisher: Hackensack, NJ : World Scientific,

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Abstract

Stochastic Processes; Fluctuation Phenomena; Classical Statistical Mechanics; Oscillator; Brownian Motion; Stochastic Resonance; Multiplicative Noise


Book
Understanding the Evolution of World Business Cycles
Authors: --- ---
ISBN: 1462332676 1451989377 1283512785 1451907664 9786613825230 Year: 2005 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

This paper studies the changes in world business cycles during 1960-2003. We employ a Bayesian dynamic latent factor model to estimate common and country-specific components in the main macroeconomic aggregates of the Group of Seven (G-7) countries. We then quantify the relative importance of these components in explaining comovement in each observable aggregate over three distinct time periods: the Bretton Woods (BW) period (1960-72), the period of common shocks (1972-86), and the globalization period (1986-2003). The results indicate that the common (G-7) factor explains a larger fraction of output, consumption, and investment volatility in the globalization period than in the BW period. These findings suggest that the degree of comovement of business cycles in major macroeconomic aggregates across the G-7 countries has increased during the globalization period.

Climate Change Damage and International Law : Prevention Duties and State Responsibility
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ISBN: 9004146504 9786611925789 1281925780 9047427408 9789004146501 9789047427407 Year: 2005 Volume: 54 Publisher: Leiden; Boston : Brill | Nijhoff,

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This book is the first comprehensive assessment of the legal duties of states with regard to human induced climate change damage. By discussing the current state of climate science in the context of binding international law, it convincingly argues that compensation for such damage could indeed be recoverable. The author analyses legal duties requiring states to prevent climate change damage, and discusses to what extent a breach of these duties will give rise to state responsibility (international liability). The analysis includes the UN Framework Convention on Climate Change and the Kyoto Protocol, but also various nature/ biodiversity protection and law of the sea instruments, as well as the no-harm-rule as a key provision of customary international law. The challenge in applying the different aspects of the law on state responsibility, including causation and standard of proof, are discussed in three case studies, and the questions raised by multiple polluters explored in depth. Against this background, the author advocates an internationally negotiated solution to the issue of climate change damage.

Monitoring and predicting agricultural drought : a global study
Authors: --- --- ---
ISBN: 0197562108 0190289961 1280532858 0198036787 1601196814 1433701073 9780195162349 019516234X 9780198036784 1423720261 9781423720263 9781601196811 9781280532856 9786610532858 6610532850 9781433701078 Year: 2005 Publisher: Oxford, [England] : Oxford University Press,

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Accurate monitoring and prediction of agricultural droughts helps manage them, minimize losses attributed to them, and mitigate their extreme forms, which some countries face even today. This book presents the basic concepts of agricultural drought, various remote sensing techniques used to monitor them, and efforts by international organisations to check them.

Security and climate change : international relations and the limits of realism
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ISBN: 1280240881 9786610240883 0203356896 9780203356890 0415324084 9780415324083 9780415460040 9781134347339 9781134347377 9781134347384 1134347375 9781280240881 Year: 2005 Publisher: London ; New York : Routledge,

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This new book explains why the international community has responded with a sense of fatalistic passivity to climate change. It presents a distinct critique of realism through the study of this topic, commonly overlooked in international relations. The author argues that the realist view rests on a dangerous contradiction; far from delivering security it serves to limit the way we think about the new generation of risks we face. The book also provides a detailed case study evaluating US climate politics under the Clinton and Bush administrations.

Climate change and Africa
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ISBN: 9780511535864 9780521836340 9780521029957 0511115547 9780511115547 0511114990 9780511114991 0511535864 0521836344 1280421940 9781280421945 0521836344 0521029953 9786610421947 6610421943 0511181914 9780511181917 0511199023 9780511199028 0511324065 9780511324062 110715006X Year: 2005 Publisher: Cambridge : Cambridge University Press,

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Abstract

At the beginning of the twenty-first century, no environmental issue is of such truly global magnitude as the issue of climate change. The poorer, developing countries are the least equipped to adapt to the potential effects of climate change, although most of them have played an insignificant role in causing it. African countries are amongst the poorest of the developing countries. This book presents the issues of most relevance to Africa, such as past and present climate, desertification, biomass burning and its implications for atmospheric chemistry and climate, energy generation, sea-level rise, ENSO-induced drought and flood, adaptation, disaster risk reduction, the UNFCCC and Kyoto Protocol (especially the Clean Development Mechanism), capacity-building, and sustainable development. It provides a comprehensive and up-to-date review of these and many other issues, with chapters by the leading experts from a range of disciplines. Climate Change and Africa will prove to be an invaluable reference for all researchers and policy makers with an interest in climate change and Africa.

Managing economic volatility and crises : a practitioner's guide
Authors: ---
ISBN: 9780511510755 9780521855242 9780521168595 0521855241 9780511139031 0511139039 0511140347 9780511140341 0511138288 9780511138287 0511140037 9780511140037 9780511140808 0511140800 9786610309030 6610309035 0511510756 0521168597 1107155290 1280309032 0511301006 9781107155299 9781280309038 9780511301001 Year: 2005 Publisher: Cambridge : Cambridge University Press,

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Abstract

Economic volatility has come into its own after being treated for decades as a secondary phenomenon in the business cycle literature. This evolution has been driven by the recognition that non-linearities, long buried by the economist's penchant for linearity, magnify the negative effects of volatility on long-run growth and inequality, especially in poor countries. This collection organizes empirical and policy results for economists and development policy practitioners into four parts: basic features, including the impact of volatility on growth and poverty; commodity price volatility; the financial sector's dual role as an absorber and amplifier of shocks; and the management and prevention of macroeconomic crises. The latter section includes a cross-country study, case studies on Argentina and Russia, and lessons from the debt default episodes of the 1980s and 1990s.


Book
Long-Run Productivity Shifts and Cyclical Fluctuations : Evidence for Italy
Author:
ISBN: 1462308457 1452729972 1283516233 9786613828682 1451907834 Year: 2005 Publisher: Washington, D.C. : International Monetary Fund,

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Using unobserved stochastic components and Kalman filter techniques, the paper assesses the relative importance of transitory and permanent shifts in Italian real GDP within a production function framework. Evidence suggests that the increase in hours worked that has accompanied pension and labor market reforms accounts for the bulk of low-frequency variation in growth, but points to factor utilization as the main driver of business cycle fluctuations. In contrast with the predictions of standard Real Business Cycle models, a positive shock to the underlying rate of total factor productivity growth generates a slight decline in hours, whereas the response of output to the same shock is found to be positive.

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