The study concentrates on an analysis of the Czech stock market performed by an application of DCC MV GARCH model of Engle (2002). Data sample including years from 1994 to 2009 is represented by daily returns of Prague Stock Exchange index and other 11 major stock indices. There is found an...

The unemployment rate in Australia is modelled as an assymmetric and non-linear function of aggregate demand, productivity, real wages and unemployment benefits. Negative changes in aggregate demand cause the unemployment rate to rise rapidly, while real wage rigidity contributes its to slow...

The study concentrates on an analysis of the Czech stock market performed by an application of DCC MV GARCH model of Engle (2002). Data sample including years from 1994 to 2009 is represented by daily returns of Prague Stock Exchange index and other 11 major stock indices. There is found an...

The UK has experienced substantial increases in the number of individuals claiming work incapacity benefit (IB) and the proportion of people claiming IB for mental health reasons. Following high-profile reports claiming that intervention would cost the State nothing, the Government has increased...

In a modern greenhouse there are a number of alternative systems that can be deployed to control the climate, and the choice what to use and when is not easy for the grower. A novel management system is proposed, consisting of an energy input minimizing module, and a module to realise the...

The low grade heat utilization is not only an inevitable option to solve the energy and environment problems, but also a critical issue for many remote power applications and planetary explorations. In this study, a novel design called a heat engine aerobot which can convert planetary...