Author: Luigi ErminiPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Testing the Joint Hypothesis of Rationality and Neutrally Under Seasonal Cointegration: the Case of Korea
Author: Luigi ErminiTesting the Joint Hypothesis of Rationality Under Seasonal Cointegration
Author: Dongkoo ChangTesting the Joint Hypothesis of Rationality and Neutrality Under Seasonal Cointegration
Author: Dongkoo ChangPublisher:
ISBN:
Category :
Languages : en
Pages : 196
Book Description
X, 98 leaves, bound 29 cm.
Testing the joint hypothesis of rationality and neutrality under seasonal cointegration
Author: Luigi ErminiA Joint Test of the Rational Expectations - Permanent Income Hypothesis Under Seasonal Cointegration
Author: Tai-Hsin HuangPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
This study re-evaluates the validity of the joint rational expectations - permanent income hypothesis under the framework of seasonal cointegration using seasonally unadjusted quarterly data from Austria, Canada and Taiwan. Evidence is found that the consumption change only depends on the innovations of the income and the unemployment rate changes, and that agents are rational in forming their expectations, i.e., the joint hypothesis is supported by the data used. However, with the same data set, a similar test based on non-seasonal cointegration tends to reject the joint hypothesis, since the test ignores completely the possible stochastic seasonalities that may contain important information, as has been pointed out by Wallis (1974), embodied in the data.
Development, Governance and Environment in South Asia
Author: Mohammad AlauddinPublisher: Springer
ISBN: 1349276316
Category : Business & Economics
Languages : en
Pages : 382
Book Description
The worst chemical disaster ever could be happening right now. In India and Bangladesh between forty and eighty million people are at risk of consuming too much arsenic from well water that might have already caused one hundred thousand cancer cases and thousands of deaths. Many millions elsewhere in South-East Asia and South America may soon suffer a similar fate. Venomous Earth is the story of this tragedy: the geology, the biology, the politics and the history. It starts in Ancient Greece, touches down in today's North America and takes in William Morris, alchemy, farming, medicine, mining and a cosmetic that killed two popes.
Economics, Management and Sustainability
Author: Partha RayPublisher: Springer
ISBN: 9811318948
Category : Business & Economics
Languages : en
Pages : 291
Book Description
This book presents an eclectic mix of interesting new areas in the domain of economics, management and sustainability. Written by leading experts, it provides valuable food for thought, with essays introducing new lines of research and empirical research papers offering sound research methodology. The book not only provides answers, but also raises numerous interesting questions concerning the areas covered to whet readers’ appetites to learn more. Professor Anup Sinha is a respected teacher and is a great mind with wide-ranging academic interests spanning from economics and sustainability to management. As well as in various other places in India and the US, he has taught at the Indian Institute of Management Calcutta and Presidency College (now a University) Calcutta for almost three decades. To commemorate his contributions, this festschrift presents a collection of essays that are broadly subdivided into four sections: Economic Development; Vulnerabilities and Inclusive Growth; Sustainability and Corporate Governance; and Innovation and Management.
Affordable and Clean Energy
Author: Walter Leal FilhoPublisher: Springer
ISBN: 9783319958637
Category : Science
Languages : en
Pages : 1309
Book Description
The problems related to the process of industrialisation such as biodiversity depletion, climate change and a worsening of health and living conditions, especially but not only in developing countries, intensify. Therefore, there is an increasing need to search for integrated solutions to make development more sustainable. The United Nations has acknowledged the problem and approved the “2030 Agenda for Sustainable Development”. On 1st January 2016, the 17 Sustainable Development Goals (SDGs) of the Agenda officially came into force. These goals cover the three dimensions of sustainable development: economic growth, social inclusion and environmental protection. The Encyclopedia of the UN Sustainable Development Goals comprehensively addresses the SDGs in an integrated way. The Encyclopedia encompasses 17 volumes, each one devoted to one of the 17 SDGs. This volume addresses SDG 7, namely "Ensure access to affordable, reliable, sustainable and modern energy for all” and contains the description of a range of terms, which allow a better understanding and foster knowledge. Energy is crucial for achieving almost all others SDGs, from its role in the eradication of poverty through advancements in health, education, water supply and industrialization, to combating climate change. This book presents a set of papers on the state-of-the-art of knowledge and practices about energy sustainable, in terms of generation and demand energy, considering aspects of innovation, management, sources of energy, performance, society behavior, and infrastructure, among others. Concretely, the defined targets are: Ensure universal access to affordable, reliable and modern energy services Increase substantially the share of renewable energy in the global energy mix Double the global rate of improvement in energy efficiency Enhance international cooperation to facilitate access to clean energy research and technology, including renewable energy, energy efficiency and advanced and cleaner fossil-fuel technology, and promote investment in energy infrastructure and clean energy technology Expand infrastructure and upgrade technology for supplying modern and sustainable energy services for all in developing countries, in particular least developed countries, small island developing states and landlocked developing countries, in accordance with their respective programmes of support Editorial Board Md. Mahmudul Alam, Justin Bishop, Luciana Londero Brandli, Elisa Conticelli, Marcos Antonio Leite Frandoloso, Haruna Musa Moda, Matti Sommarberg
Exchange Rate Flexibility and Credit during Capital Inflow Reversals
Author: Mr.Nicolas E. MagudPublisher: International Monetary Fund
ISBN: 1484353463
Category : Business & Economics
Languages : en
Pages : 30
Book Description
We document the behavior of macro and credit variables during episodes of capital inflows reversals in economies with different degrees of exchange rate flexibility. We find that exchange rate flexibility is associated with milder credit growth during the boom but, even though smaller than in more rigid regimes, it cannot shield the economy from a credit reversal. Furthermore, we observe what we dub as a recovery puzzle: credit growth in economies with more flexible exchange rate regimes remains tepid well after the capital flow reversal takes place. This results stress the complementarity of macro-prudential policies with the exchange rate regime. More flexible regimes could help smoothing the credit cycle through capital surchages and dynamic provisioning that build buffers to counteract the credit recovery puzzle. In contrast, more rigid exchange rate regimes would benefit the most from measures to contain excessive credit growth during booms, such as reserve requirements, loan-to-income ratios, and debt-to-income and debt-service-to-income limits.
Creating Technology-Driven Entrepreneurship
Author: Giuseppina PassiantePublisher: Springer
ISBN: 1137591560
Category : Business & Economics
Languages : en
Pages : 327
Book Description
This book proposes a comprehensive analysis of the existing schools of thought on technology-driven entrepreneurship to point out the process-based nature of this phenomenon. It explores whether entrepreneurship can be learned and examines the main processes that help influence entrepreneurial mind-sets. In the current economic landscape, technology-driven entrepreneurship is the driving force behind national economies and entrepreneurial societies. It is the engine of innovation, job creation, productivity and economic growth, bringing benefits both at the level of the individual and of the society and promoting sustainable smart growth and development. This book provides a comprehensive view of “how” entrepreneurs and future entrepreneurs learn and develop their business ventures in a wider environment. Moreover, it discusses issues concerning setting up the suitable entrepreneurial environments, processes, values and policies to encourage and foster individual entrepreneurial aptitudes. It also explores practices for developing technology-driven entrepreneurship in a European context as well as in emerging regions.