Public-private partnerships (PPPs) are increasingly used in the United Kingdom's public facilities and services provision through the Private Finance Initiative (PFI). Despite some casualties, PPP/PFI projects have been undertaken successfully, but the reasons for success are not entirely clear....

Is inflation ‘always and everywhere a monetary phenomenon’ or is it fundamentally a fiscal phenomenon? This article augments a standard monetary model to incorporate fiscal details and credit market frictions. These ingredients allow for both interpretations of the inflation process in a...

This paper presents an all-digital real-time co-simulation platform of refined Wind Energy Conversion System (WECS) model. The proposed platform is based on the Real-time Digital Simulator (RTDS) and FAST developed by National Renewable Energy Laboratory (NREL). The detailed generator and...

In the last few years, vegetable industry developed rapidly in Hebei province, intensive raising seedling as its main component, also entered a period of rapid development. The background and characteristics, the current situation and existed questions of intensive seedling cultivation were...

In the current literature, fiscal policy is usually characterized by a singleequation rule, in which primary surplus is generally dened as a function of lagged government debt and other controlled variables. To apply Ordinary Least Squares (OLS) method on the single-equation rule has been one of...

We introduce the stratified sampling method, and put forward theoretical unbiased estimation of stratified sampling program, as well as the model and statistics of experimental design test. We also discuss the establishment of dietary exposure model, pollutant distribution model, and risk...

Tremendous shifts are occurring in the location of agro-industrial capital around the globe. To focus discussion on this topic a session was convened at the annual meeting of the International Food and Agribusiness Management Association in Montreux, Switzerland in June of 2004. The session...

Prior research finds that women receive lower salaries than men. Similarly, we show that female audit partners in Belgium receive significantly lower compensation than male partners. However, there are alternative explanations for the pay gap other than gender discrimination. For example, the...

This study investigates the effect of the debtor–creditor relationship on firms' tax planning decisions. We explore the initiation of credit default swaps (CDS) as a shock to the debtor–creditor relationship that attenuates the concavity of creditors' payoff function and reduces their...