In this article, on the basis of the "cash flow at risk" approach, the system of the integrated (credit, market, operational and liquidity risks) risk management in a market-maker commercial bank is developed. This system guarantees reaching profitability, liquidity and coverage of banking risks...

Climate change related disasters and extreme weather events are expected to significantly increase the risk of damages on networks, systems and assets. In view of these anticipated adverse effects, growing attention is placed on adaptation measures, in the form of preventive actions aiming to...

Resorting to the method proposed by Matsuyama (2013), this paper develops a static equi- librium model of a system of cities in which ex ante identical locations specialize in stages of production different in the degree of dependence on routine and nonroutine local services sec- tors, the...

Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...

Water pollution is caused in rural areas, especially by uncontrolled waste deposits located in river bed and in urban areas is discharged, irregular, untreated sewage. The Cuejdiu River is a tributary of the Bitriţa River in the left side, with a total length of 24 km. Evaluation of water...

Using HIES 2000 data, the paper presents asset based poverty information so that it is possible to provide incentives in the form of social benefit and fiscal support to the group of people who needs it most. While income based measurements and other methods are available to characterise...

A growing number of studies that look at the relationship between innovation and exports find that more innovation tends to allow firms to export more. But very little is known about the heterogeneous impacts of innovation on exports. Since innovation is not a costless activity, it is important...

Within the framework of this paper, the existence of a Macroscopic Fundamental Diagram (MFD) for the city of Thessaloniki is discussed, obtained through a traffic simulation software. Initial findings show that there is a well-defined MFD, which is a property of a network, as it is not...

The increasingly tensions rising between society’s need for resources and space on the one hand, and the capacity of the land to support these needs on the other hand lead to unprecedented changes in landscape configuration, and hence, to the environment. This paper analyzes changes in the...

This paper aims at the estimation of road traffic induced environmental pollutants for the city of Thessaloniki, based on travel time detections of a point-to-point detection system. The hourly and daily pollutant emissions (NOx, CO, HC) and fuel consumption (FC) were estimated based on the...