The fixed income and foreign exchange (FX) markets have never been as challenging to operate in as they are today. The post-crash combination of reduced liquidity, higher operating costs, low interest rates, flat yield curves and increased regulation means that market makers and investors alike need to work harder to generate value and remain in full understanding of the markets. Random Walks in Fixed Income and Foreign Exchange brings together the best of detailed and original practitioner-orientated market research on many specialist areas of the bond and FX markets. Written by the highly regarded FX and bonds research desk at Commerzbank, the book offers varied and in-depth insight into specific topics of vital important to dealers and investors, including the cross-currency basis and hedging, the yield curve, and overseas issuance conversion factors which will give investors a genuine edge in generating value. Written in accessible text, it is a must-read for all those interested in bonds and FX.
This book examines various trade flows between individual ASEAN countries, intra-ASEAN trade and its relation to total ASEAN trade. The author analyses the composition of trade flows and proposes an alternative approach to ASEAN economic cooperation.
Disruptions in supply chains and consumption patterns triggered by the pandemic together with stimulus packages and the energy crisis have catapulted inflation rates to levels last seen in the 1970s. For inflation markets, it’s hard to understate this sudden and enormous change in fortunes. Understanding the future evolution of consumer prices has become crucial for investors across all asset classes as central banks tailor their policy responses with a view to anchoring inflation expectations. Inflation-Linked Bonds and Derivatives condenses more than 15 years of dedicated coverage of inflation markets. It provides investors, issuers and policy makers with all the relevant tools to navigate inflation markets, starting with the nuts and bolts of consumer price indices, forwards, carry and trading strategies, to advanced topics like seasonality adjustments and the use of inflation options. With its many illustrative graphs and tabulated data, this exceptional book will benefit traders, corporate treasury departments, fixed income investors, insurance companies and pension funds executives.
This monograph is the first on physics-based simulations of novel strained Si and SiGe devices. It provides an in-depth description of the full-band monte-carlo method for SiGe and discusses the common theoretical background of the drift-diffusion, hydrodynamic and Monte-Carlo models and their synergy.
Gonioscopy is a very important differential diagnostic tool that permits assessment of the anterior chamber angle and correct classification of glaucoma as a basis for specific treatment. This book clearly explains how to perform gonioscopy to best effect. The anatomy of the chamber angle is systematically described, and the impact of age, developmental disorders, and other pathologies on the chamber angle is explained. Particular attention is focused on primary and secondary open-angle and angle-closure glaucomas. In each case, the role of gonioscopy in evaluating the chamber angle is described with the help of many photographs and illustrations. The importance of knowledge of the chamber angle for laser treatment and surgery is fully explained, and the impact of medications is discussed. The practitioner will find in Gonioscopy all the information required to use the technique effectively in diagnosis and treatment.
The book covers all aspects from the expansion of the Boltzmann transport equation with harmonic functions to application to devices, where transport in the bulk and in inversion layers is considered. The important aspects of stabilization and band structure mapping are discussed in detail. This is done not only for the full band structure of the 3D k-space, but also for the warped band structure of the quasi 2D hole gas. Efficient methods for building the Schrödinger equation for arbitrary surface or strain directions, gridding of the 2D k-space and solving it together with the other two equations are presented.
This inter-disciplinary and wide-ranging study unravels the social processes of decision-making at the interface of central banks and financial market participants, and thereby raises important questions about responsible central bank governance and its obligations to stakeholders in society. The book challenges commonly held assumptions on how central banking works and critically assesses unconventional monetary policy and its underlying theoretical tenets. Drawing from rich, multi-sited fieldwork and data collection, this research monograph offers an in-depth look into the financial market practices around the quantitative easing programmes of the European Central Bank and focuses on the uneasy role of modern central banks as active market participants. The author introduces concepts from social network theory and develops a novel method to study organisational networks in the context of financial markets. An analysis of the European Central Bank’s social, organisational and financial networks is sketched over the course of multiple chapters. The concluding chapters dive into documentary analysis and the extensive material from qualitative interviews with senior investment professionals about the strategies and adaptive processes around the lived experience of quantitative easing. The winner of the British Sociological Association’s prestigious Philip Abrams Memorial Prize, this book is a vital resource for social scientists researching organisations in financial markets, providing theory, concepts, empirical data and practical implications. It will be of interest to academics and graduate students in economics, sociology and management/organisation studies, as well as practitioners at central banks and in asset management.
This book documents the fascinating history of radiological techniques that use contrast agents. The text includes many of the fundamental documentary sources that bring to life the social and scientific background of the discoveries, the personalities of the discoverers, and implementation of new technologies. Such agents when used with X-rays allow clinicians to distinguish anatomical structures with nearly identical densities. Focus is on urological and angiographic uses of contrast agents. Key selling features: Documents and thoroughly references the history of contrast agent development Reviews the priority and importance of patents Discusses the role that important individual scientists and leading research institutions have played in technology development and implementation
From Vienna into the World What would Vienna be without the Philharmonic? 175 years have passed since the founding of this world-class orchestra in March of 1842, 175 years in which the musicians have provided their public countless glorious musical experiences. Their inimitable and unmistakable sound has aroused truly rapturous enthusiasm everywhere. Christoph Wagner-Trenkwitz tells us of the milestones in the Philharmonic's history—collaboration with great conductors, the special quality of the "Viennese sound," the daily work of an international orchestra—and in so doing unearths memorable anecdotes from behind the scenes. With extensive illustrations and photographs from the Vienna Philharmonic archive
Cholestatic liver diseases, such as primary sclerosing cholangitis (PSC) and primary biliary cirrhosis (PBC), represent an important group of liver diseases of the intra- and extrahepatic bile ducts frequently causing end-stage liver disease with significant morbidity and mortality due to limited treatment options. The limitations of the currently available medical therapy largely reflect our deficits in understanding the pathophysiology of cholestatic liver diseases. Therefore, there is an urgent need for reliable, well-defined and easily reproducible animal models to gain insights into the PSC and PBC pathophysiology and to test novel treatment modalities. We aimed to provide a systematic overview of currently available animal models for sclerosing cholangitis and biliary fibrosis and critically discuss the characteristics of rodent models for PSC and PBC, models of experimental biliary obstruction, models of inflammation-induced cholestasis, as well as models of inherited cholestatic syndromes.
This book considers the key issue of Turkey’s treatment of minorities in relation to its complex paths of both European integration and domestic and international reorientation. The expectations of Turkey’s EU and other international counterparts, as well as important domestic demands, have pushed Turkey to broaden the rights of religious and other minorities. More recently a turn towards autocratic government is rolling back some earlier achievements. This book shows how these broader processes affect the lives of three important religious groups in Turkey: the Alevi as a large Muslim community and the Christian communities of Armenians and Syriacs. Drawing on a wealth of original data and extensive fieldwork, the authors compare and explain improvements, set-backs, and lingering concerns for Turkey’s religious minorities and identify important challenges for Turkey’s future democratic development and European path. The book will appeal to students and scholars in the fields of minority politics, contemporary Turkish politics, and religion and politics.
How, and under which conditions, can consultative committees exert influence if they have access to legislators (voice) but no formal veto power (vote)? In drawing on the Committee of the Regions and the European Economic and Social Committee of the European Union, this book shows that consultative committees face several challenges when it comes to influencing the content of policies, but are nevertheless sometimes successful in getting their opinions heard. It develops a sender-receiver model and puts it to a comprehensive empirical test. A quantitative analysis and three in-depth case studies on the European citizens’ initiative, the European grouping of territorial cooperation and the Liberalisation of Community Postal Services show how capacities, incentives and preferences of consultative committees and legislative decision-makers need to be configured to allow for the influence of the CoR and the EESC.
Smart sustainable mobility ecosystems promise to address society’s expectation of environmentally friendly on-demand mobility. While the technology stack to build such ecosystems is just around the corner in the form of connected, automated, and electric vehicles, strategies to deploy and operate such fleets in a coordinated manner must still be advanced. Most of such optimization challenges highly depend on the nature of customer demand, vehicle supply, and environmental influences. Hence, this dissertation investigates how available data streams from mobility ecosystems can be leveraged in Information Systems to solve related decision problems. The overarching goal of this work is to generate design knowledge to improve vehicle availability, provider profitability, and environmental sustainability for such ecosystems. Applying quantitative methods to real-world data from shared vehicle systems generates insights into the nature of demand and supply. Combining it with an analysis of empirical research on vehicle relocation algorithms builds the foundation for two artifact designs. The first artifact enables the development and simulation-based evaluation of operation modes for vehicle fleets. The second artifact enables artificial intelligence-based decision support for the vehicle rebalancing problem. The insights are finally incorporated and generalized to a nascent design theory on data-enabled operational decision-making in the context of smart sustainable mobility environments. The findings have multifaceted implications for researchers concerned with data-enabled value creation in Green IS, shared economy and smart mobility, and business analytics and data science. Furthermore, guidance for fleet providers to improve system attractiveness and for society to experience the potential amount of vehicle access without personal ownership is provided.
THE textbook on organometallic chemistry. Comprehensive and up-to-date, the German original is already a classic, making this third completely revised and updated English edition a must for graduate students and lecturers in chemistry, inorganic chemists, chemists working with/on organometallics, bioinorganic chemists, complex chemists, and libraries. Over one third of the chapters have been expanded to incorporate developments since the previous editions, while the chapter on organometallic catalysis in synthesis and production appears for the first time in this form. From the reviews of the first English editions: 'The selection of material and the order of its presentation is first class ... Students and their instructors will find this book extraordinarily easy to use and extraordinarily useful.' -Chemistry in Britain 'Elschenbroich and Salzer have written the textbook of choice for graduate or senior-level courses that place an equal emphasis on main group element and transition metal organometallic chemistry. ... this book can be unequivocally recommended to any teacher or student of organometallic chemistry.' - Angewandte Chemie International Edition 'The breadth and depth of coverage are outstanding, and the excitement of synthetic organometallic chemistry comes across very strongly.' - Journal of the American Chemical Society
Given the complexity of education, educational science can only focus on a limited number of research areas. This book suggests a few new research topics, all of which have not received adequate attention. In the first part of the book, these topics are related to the rhetoric of education, in the second to rituals in education.
Christoph Laucht offers the first investigation into the roles played by two German-born emigre atomic scientists, Klaus Fuchs and Rudolf Peierls, in the development of British nuclear culture, especially the practice of nuclear science and the political implications of the atomic scientists' work, from the start of the Second World War until 1959.
This book deals with the connection between media and the future. It is about the imagination of futuristic media and what this says about the present, but it also shows how media are imagined as means to control the future. The book begins by describing different theories of the evolution of media and by exploring how this evolution is tied to expectations regarding the future. The authors discuss the theories of imagination and how the imagination of media futures operates. To do so, they analyse four concrete examples: the imaginations once related to interactive television and how they were performed in an important piece of media art; those on “ubiquitous computing,” which remain present today; those on three-dimensional, especially holographic, displays that are prevalent everywhere in cinema, and lastly the contemporary imaginations on quantum computing and how they have been enacted in science fiction. The book appeals to readers interested in the question of how our present imagines its technological futures.
This book develops a new theory of the modern economy. Conventional economic theory is (still) based on an essentially static notion of equilibrium. In contrast, this book offers an analysis of the economic process based on a truly dynamic approach. It understands modern economic activity as manifesting itself in a growth spiral. There are two main drivers of the dynamics of this spiral: steady money creation in the banking system, on the one hand; and the continuous inflow of energy and raw materials through the exploitation of natural resources, on the other. Both driving forces are generally neglected by the conventional theory. Understanding their role is absolutely essential for preventing our economy from being more and more exposed to financial and ecological crises. This book offers important insights about the functioning of the modern economy and addresses the specialist as well as the interested lay reader.
This book examines the concepts of the Anthropocene and globalisation in our society and the changes that these are bringing about in education and human learning. The book argues that there needs to be reflexive approach to issues that affect the fate of the planet and the future of humans, brought about by an education that looks to the future. Wulf argues that a change in education and socialization can only succeed based on an understanding of previous educational ideas, and considers the significance of Confucianism and spiritual education that emerged in the East. The book traces key educational ideas throughout history to show how education and human knowledge are closely linked, highlighting the need for us to pay careful attention to repetition, mimesis and the imagination in learning. It shows how a future-oriented education must engage with issues of peace and violence, global citizenship and sustainable development. This timely and compelling book will be of great interest to researchers, academics and students in the fields of philosophy of education, the history and anthropology of education, sustainability education and global citizenship education
This book discusses the state-of-the-art developments in multi-slice CT for cardiac imaging as well as those that can be anticipated in the future. It is a comprehensive work covering all aspects of this technology from the technical fundamentals to clinical indications and protocol recommendations. This second edition draws on the most recent clinical experience obtained with 16- and 64-slice CT scanners by world-leading experts. The book also has chapters on area-detector CT and the brand new dual-source CT.
This set includes all four volumes of the critically acclaimed History of Central Asia series. The epic plains and arid deserts of Central Asia have witnessed some of the greatest migrations, as well as many of the most transformative developments, in the history of civilization. Christoph Baumer's ambitious four-volume treatment of the region charts the 3000-year drama of Scythians and Sarmatians; Soviets and transcontinental Silk Roads; trade routes and the transmission of ideas across the steppes; and the breathless and brutal conquests of Alexander the Great and Chinghiz Khan. Masterfully interweaving the stories of individuals and peoples, the author's engaging prose is richly augmented throughout by colour photographs taken on his own travels. This set includes The Age of the Steppe Warriors (Volume 1), The Age of the Silk Roads (Volume 2), The Age of Islam and the Mongols (Volume 3) and The Age of Decline and Revival (Volume 4)
The fixed income and foreign exchange (FX) markets have never been as challenging to operate in as they are today. The post-crash combination of reduced liquidity, higher operating costs, low interest rates, flat yield curves and increased regulation means that market makers and investors alike need to work harder to generate value and remain in full understanding of the markets. Random Walks in Fixed Income and Foreign Exchange brings together the best of detailed and original practitioner-orientated market research on many specialist areas of the bond and FX markets. Written by the highly regarded FX and bonds research desk at Commerzbank, the book offers varied and in-depth insight into specific topics of vital important to dealers and investors, including the cross-currency basis and hedging, the yield curve, and overseas issuance conversion factors which will give investors a genuine edge in generating value. Written in accessible text, it is a must-read for all those interested in bonds and FX.
Disruptions in supply chains and consumption patterns triggered by the pandemic together with stimulus packages and the energy crisis have catapulted inflation rates to levels last seen in the 1970s. For inflation markets, it’s hard to understate this sudden and enormous change in fortunes. Understanding the future evolution of consumer prices has become crucial for investors across all asset classes as central banks tailor their policy responses with a view to anchoring inflation expectations. Inflation-Linked Bonds and Derivatives condenses more than 15 years of dedicated coverage of inflation markets. It provides investors, issuers and policy makers with all the relevant tools to navigate inflation markets, starting with the nuts and bolts of consumer price indices, forwards, carry and trading strategies, to advanced topics like seasonality adjustments and the use of inflation options. With its many illustrative graphs and tabulated data, this exceptional book will benefit traders, corporate treasury departments, fixed income investors, insurance companies and pension funds executives.
This book examines various trade flows between individual ASEAN countries, intra-ASEAN trade and its relation to total ASEAN trade. The author analyses the composition of trade flows and proposes an alternative approach to ASEAN economic cooperation.
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