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Christophe Faugere
This article provides a macro-foundation for why the specific value of 2% is a valid inflation target. The approach postulates that innovations generate transactional cost savings by comparison to barter. The optimal velocity of money is derived as a fun...
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Miquel Mir-Gual, Guillem X. Pons, Irene Delgado-Fernández and Thomas A. G. Smyth
Blowouts are integral features of coastal dune fields. Their presence enhances both geomorphological and ecological diversity and enables the movement of sand by wind. Their role as a ?transport corridor? may be, however, considered negative from a coast...
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Steve Saunders, Eric Tenor, Joseph Wakawa and John Nohou
It has long been recognised that volcanoes deform as fluids migrate, or change pressure in fractures and reservoirs within the volcano or in the crust below and around them. Calderas in particular have been shown to deform in complex and often major ways...
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Olga Bazhenova, Dmitrii Kobylkin and Elizaveta Tyumentseva
We revealed regional features of functioning of a large Transbaikalian aeolian morphodynamic system. Natural pre-conditions, current realities and factors of development of aeolian processes are investigated. The paper considers regularities of spatial d...
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Carina Seitz,María I. Vélez,Gerardo M.E. Perillo
Pág. 131 - 152
Climatic changes and eustatic sea levels have been assumed to be the most important controllers of the Colorado River alluvial fan in northern Patagonia. Although the alluvial fan occurs in a region considered tectonically stable, there are pieces of evi...
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Stuart Hardy
The structural evolution of calderas is a key issue in volcanology and has profound implications for hazard analysis and the exploitation of geothermal energy and hydrothermal ores. However, their internal geometry at depth and the detailed fault and fra...
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Jean T. Ellis and Mayra A. Román-Rivera
The purpose of this study is to document the geomorphic evolution of a mechanical dune over approximately one year following its installation and compare it to the recovery of a natural dune following the impact of Hurricane Matthew (2016). During the st...
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Francesca Caselli
Pág. 31
To fight deflationary pressures at the zero lower bound, in November 2013, the Czech National Bank (CNB) introduced a one-sided floor on the exchange rate, as an additional monetary policy instrument. This paper investigates the impact of the FX floor on...
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Brian D. Fitzpatrick, Shahid Ali, Garrett Wiegele
We composed and contrasted stock returns for large capitalized companies (S&P 500) with returns of real estate investment trusts using the Financial Times equity, mortgage and composite indexes. The time period which was chosen was 2000 through 2011. Thi...
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Jovan Ðura?kovic
Pág. 39 - 47
This paper presents the main aspects of the 2008 global economic crisis through the prism of the Great Depression of the 1930s. The aim of this paper is to illustrate the importance of the lessons learned in the Great Depression in overcoming the modern ...
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