In this study, we measure jointly the labour and the residential accessibility of a basic spatial unit using a Bayesian Poisson gravity model with spatial effects. The accessibility measures are broken down into two components: the attractiveness component, which is related to its socio-economic...

The influence of sewage sludge treatment on its pyrolysis and combustion and the N, S and Cl emissions was studied by thermogravimetry-mass spectrometry in the range 25–800 °C. Two types of sludge were used (L and F). L underwent anaerobic digestion and was treated with organic...

In recent decades there has been an increasing interest in the use of low voltage small grid-connected photovoltaic (PV) systems, conditioned by new incentives from distinct countries. An essential element in those systems is the inverter, that is, the element which converts, in an efficient...

To date, an operational measure of systemic risk capturing non-linear tail comovement between system-wide and individual bank returns has not yet been developed. This paper proposes an extension of the so-called CoVaR measure that captures the asymmetric response of the banking system to...

Wage stickiness is incorporated to a New-Keynesian model with variable capital to drive endogenous unemployment uctuations de ned as the log di¤erence between aggregate labor supply and aggregate labor demand. We estimated such model using Bayesian econometric techniques and quarterly U.S....

We estimate a New-Keynesian macro model accommodating regime-switching behavior in monetary policy and in macro shocks. Key to our estimation strategy is the use of survey-based expectations for inflation and output. We identify accommodating monetary policy before 1980, with activist monetary...

A New-Keynesian macro-model is estimated accommodating regime-switching behavior in monetary policy and macro-shocks. A key to our estimation strategy is the use of survey-based expectations for inflation and output. Output and inflation shocks shift to the low volatility regime around 1985 and...

This paper introduces global factors within a FAVAR framework in an empirical affine term structure model. We apply our method to a panel of international yield curves and show that global factors account for more than 80 percent of term premia in advanced economies. In particular they tend to...

This paper addresses the evaluation of several procedures for delimiting service areas of urban transport facilities and computing the served population. To this end, detailed data of a local case study and a geographical information system are used. Adopting two different georeferencing methods...

This article contributes to the Permanent Income Hypothesis (PIH) and excess consumption smoothness debate in the context of fractional integration. We show that the excess consumption smoothness result is a consequence of the quarterly data frequency commonly employed in the empirical work. In...