This paper studies the implication of extreme shocks for monetary policy. The analysis is based on a small-scale New Keynesian model with sticky prices and wages where shocks are drawn from asymmetric Generalized Extreme Value distributions. A nonlinear perturbation solution of the model is...

The review of all available contemporary documents, i.e., technical and photographic reports, newspapers, and other archive material, of the 1908, M 7.1, Messina–Reggio Calabria earthquake has allowed to recognize and classify a large number (365) of independent environmental effects of the...

Consumers are increasingly using the Internet and a variety of New Technologies to search for, and acquire information pertinent to their travel purchase decisions. The kinds of search comsumers undertake online and the online marketing stimuli they are exposed to, have significant implications...

Libya has a growing demand for electricity and presently generates almost all of its electrical energy using fossil-fuelled generation plant. An opportunity exists to use the naturally high solar radiation resource that occurs in the south of the country to meet this demand with a renewable...

The density profiles of an associating fluid near the (100) plane of the fcc crystalline surface are studied by using a singlet level theory of inhomogeneous associating fluids. The model for the bulk fluid is the one-component hard sphere fluid with an embedded sticky attractive site inside the...

A two-component model of hard spheres with a spherically symmetric associative interaction between the particles of different species near a hard wall is studied by suing the integral equation method. It is shown that the extended mean spherical approximation for the bulk associating fluid in...

We consider the application of the integral equation theory to the study of associative fluids in disordered porous networks. The theory also takes into account associative fluid-network interactions. The calculations reported here illustrate the effect of associative forces on the fluid-fluid...