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Multi-dimensional hyperbolic partial differential equations: First-order systems and applications

Sylvie Benzoni-Gavage and Denis Serre

Published in print:
2006
Published Online:
September 2007
ISBN:
9780199211234
eISBN:
9780191705700
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199211234.001.0001
Subject:
Mathematics, Applied Mathematics

This book presents a view of the state of the art in multi-dimensional hyperbolic partial differential equations, with a particular emphasis on problems in which modern tools of analysis have proved ... More


Impulse response and trend/cycle properties of the UK model

Anthony Garratt, Kevin Lee, M. Hashem Pesaran, and Yongcheol Shin

in Global and National Macroeconometric Modelling: A Long-Run Structural Approach

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199296859
eISBN:
9780191603853
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199296855.003.0010
Subject:
Economics and Finance, Econometrics

This chapter discusses the dynamic properties of the estimated UK model. It presents generalized and orthogonalized impulse response analyses of the effects of shocks to the UK economy, and considers ... More


National and global structural macroeconometric modelling

Anthony Garratt, Kevin Lee, M. Hashem Pesaran, and Yongcheol Shin

in Global and National Macroeconometric Modelling: A Long-Run Structural Approach

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199296859
eISBN:
9780191603853
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199296855.003.0003
Subject:
Economics and Finance, Econometrics

This chapter describes a framework for macroeconometric modelling, which draws out the links with economic theory relating to the long run and with theory relating to the short run. It elaborates a ... More


An economic theory of the short run

Anthony Garratt, Kevin Lee, M. Hashem Pesaran, and Yongcheol Shin

in Global and National Macroeconometric Modelling: A Long-Run Structural Approach

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199296859
eISBN:
9780191603853
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199296855.003.0005
Subject:
Economics and Finance, Econometrics

This chapter explores a set of identifying restrictions on the short-run dynamics that might be used to supplement the long-run restrictions if the model is to be used to investigate the effect of ... More


United States current account deficits: A stochastic optimal control analysis 1

Jerome L. Stein

in Stochastic Optimal Control, International Finance, and Debt Crises

Published in print:
2006
Published Online:
May 2006
ISBN:
9780199280575
eISBN:
9780191603501
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199280576.003.0009
Subject:
Economics and Finance, Financial Economics

For nearly a quarter of a century, the US has persistently run significant current account deficits that transformed it from the world’s largest net creditor to its largest debtor. The stochastic ... More


Shock waves

Stephen J. Blundell and Katherine M. Blundell

in Concepts in Thermal Physics

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199562091
eISBN:
9780191718236
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199562091.003.0032
Subject:
Physics, Particle Physics / Astrophysics / Cosmology

Shock waves occur when a disturbance is propagating through a medium faster than the sound speed of the medium. This chapter considers the nature of shocks in gases and the thermodynamic properties ... More


Capital Market Liberalization: Summary and Remaining Debates

Joseph E. Stiglitz, José Antonio Ocampo, Shari Spiegel, Ricardo Ffrench-Davis, and Deepak Nayyar

in Stability with Growth: Macroeconomics, Liberalization and Development

Published in print:
2006
Published Online:
September 2006
ISBN:
9780199288144
eISBN:
9780191603884
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199288143.003.0013
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines some of the other outstanding debates on capital market liberalization (CML). In particular, it focuses on when a country is sufficiently developed to risk capital market ... More


Liberal and Illiberal Democracy After Communism

Milada Anna Vachudova

in Europe Undivided: Democracy, Leverage, and Integration After Communism

Published in print:
2005
Published Online:
April 2005
ISBN:
9780199241194
eISBN:
9780191602382
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199241198.003.0003
Subject:
Political Science, European Union

The empirical variation between the political trajectories of Poland, Hungary, and the Czech Republic, on the one hand, and Romania, Bulgaria, and Slovakia, on the other, is striking in the early ... More


Crisis, Stabilization, and Economic Reform: Therapy by Consensus

Michael Bruno

Published in print:
1993
Published Online:
September 2006
ISBN:
9780198286639
eISBN:
9780191603839
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198286635.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This book examines the phenomenon of the high inflation processes of the 1970s and 1980s as exemplified by Argentina, Brazil, and Israel. It explores the common characteristics of such processes and ... More


Annuity Valuation, Long‐Term Care, and Bequest Motives

John Ameriks, Andrew Caplin, Steven Laufer, and Stijn Van Nieuwerburgh

in Recalibrating Retirement Spending and Saving

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199549108
eISBN:
9780191720734
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199549108.003.0011
Subject:
Business and Management, Pensions and Pension Management

Financial security in retirement has traditionally meant having a steady flow of annuity income as long as one lives — a definition enshrined in the Social Security system. Earlier research has ... More


Introduction to Reactive Gas Dynamics

Raymond Brun

Published in print:
2009
Published Online:
May 2009
ISBN:
9780199552689
eISBN:
9780191720277
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199552689.001.0001
Subject:
Physics, Theoretical, Computational, and Statistical Physics

The high enthalpy gas flows, associating high velocities, and high temperatures, are the scene of physical and chemical processes such as molecular vibrational excitation, dissociation, ionization, ... More


The Implications of Change

Erik Jones

in Economic Adjustment and Political Transformation in Small States

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199208333
eISBN:
9780191708985
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199208333.003.0004
Subject:
Political Science, Comparative Politics, Political Economy

This chapter examines how the breakdown of consociational democracy (depillarization) complicated the process of consensus building, and so made it more difficult for Belgium and the Netherlands to ... More


Financial Development and the Effects of Volatility on Growth

Phillippe Aghion and Abhijit Banerjee

in Volatility and Growth

Published in print:
2005
Published Online:
January 2007
ISBN:
9780199248612
eISBN:
9780191714719
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199248612.003.0004
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter argues, based on Aghino-Angeletos-Banerjee-Manova (AABM), that the presence of credit constraints can help us understand why volatility is so costly for growth. The basic idea behind ... More


Shocks and Accommodation: The Dichotomy and Mechanics of High Inflation

Michael Bruno

in Crisis, Stabilization, and Economic Reform: Therapy by Consensus

Published in print:
1993
Published Online:
September 2006
ISBN:
9780198286639
eISBN:
9780191603839
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198286635.003.0003
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines the dynamics of high inflation under accommodation to price shocks. One simple approach to the budget as a source of the inflationary process is to consider the link of the form ... More


Preparing for a Comprehensive Stabilization Programme 1981–1985: Doctrinal Debates, Politics, and Trial by Error

Michael Bruno

in Crisis, Stabilization, and Economic Reform: Therapy by Consensus

Published in print:
1993
Published Online:
September 2006
ISBN:
9780198286639
eISBN:
9780191603839
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198286635.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines the political economy of failed partial attempts to stabilize, and the reasons for delays in the implementation of a heterodox programme, which was proposed in different ... More


Stabilization and Reform in Eastern Europe

Michael Bruno

in Crisis, Stabilization, and Economic Reform: Therapy by Consensus

Published in print:
1993
Published Online:
September 2006
ISBN:
9780198286639
eISBN:
9780191603839
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198286635.003.0007
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter considers the most recent stabilization and reform experience in six Eastern European countries, starting with the earlier Yugoslav and Polish shock programmes of 1990 and followed by ... More


Synthesis, Policy Lessons, and Open Questions

Michael Bruno

in Crisis, Stabilization, and Economic Reform: Therapy by Consensus

Published in print:
1993
Published Online:
September 2006
ISBN:
9780198286639
eISBN:
9780191603839
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198286635.003.0008
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter returns to a number of common issues that emerged from the cumulative experience reviewed in previous chapters, considers open theoretical questions, and discusses some of the policy ... More


New Social Risks in Old Welfare States

Gøsta Esping‐Andersen

in Social Foundations of Postindustrial Economies

Published in print:
1999
Published Online:
November 2003
ISBN:
9780198742005
eISBN:
9780191599163
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198742002.003.0008
Subject:
Political Science, Comparative Politics

The introduction discusses the idea of a mature welfare state, and shows that the welfare state of the 1970s can be regarded as mature basically because few, if any, major changes have occurred since ... More


Economic Shocks and Varieties of Government Responses

Torben Iversen

in Beyond Varieties of Capitalism: Conflict, Contradictions, and Complementarities in the European Economy

Published in print:
2007
Published Online:
September 2008
ISBN:
9780199206483
eISBN:
9780191709715
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199206483.003.0010
Subject:
Business and Management, Political Economy

This chapter explores whether governments in different varieties of capitalism respond differently to common economic shocks. It is often assumed that such shocks have a homogenizing effect on ... More


The Macroeconomic Repercussions of Agricultural Shocks and their Implications for Insurance

Paul Collier

in Insurance Against Poverty

Published in print:
2004
Published Online:
January 2005
ISBN:
9780199276837
eISBN:
9780191601620
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199276838.003.0008
Subject:
Economics and Finance, Development, Growth, and Environmental

The macroeconomic effects of agricultural shocks are investigated. A decline in the price of agricultural exports can cause an income shock to the household, locality, and the nation. Positive price ... More


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