General conclusions

Since the 2007-2008 Global Financial Crisis (GFC), a great deal of research has been conducted in various countries into the dynamics and risks associated with house prices in an attempt to find innovative ways of reducing these risks and resuscitating a depressed housing market. This dissertation contributes to that literature by providing comprehensive analyses of the spatial diffusion and risks associated with house prices in the Netherlands. It also studies the efficiency and loss coverage of home-value insurance in the context of the Dutch housing market and suggests modifications to the index-based insurance scheme that would minimise the residual idiosyncratic risks for home-owners. The dissertation innovatively adopts empirical methods that combine standard statistical analyses with more complex and recent econometric models. The contributions of the dissertation are presented in five main chapters. Four of these chapters have already been published separately in international journals and one is under review. Chapter 2 provided a general overview of the Dutch housing market and the risks involved in home-ownership. Chapters 3, 4 and 5 were devoted to the diffusion mechanism of house prices in the Netherlands. Chapter 5 also dealt in part with house price risks, while Chapter 6 focused on the house price risks and home-value insurance. Each chapter has provided a detailed conclusion on each aspect of the research questions addressed in this dissertation. This concluding chapter summarises the main findings of the dissertation as a whole. The limitations of the analyses are discussed, together with potential applications for its findings and directions for further research

Summary and general conclusions: Childbearing Trends and Policies in Europe

European fertility early in the 21st century was at its lowest level since the Second World War. This study explores contemporary childbearing trends and policies in Europe, and gives detailed attention to the past two or three decades. We felt motivated to undertake this project because in many European countries, as well as for the European Union as a whole, the overall fertility level and its consequences are of grave concern and draw attention on the political stage. Our account focuses somewhat more on the previously state socialist countries of Central and Eastern Europe, where available knowledge about the impact on childbearing of the momentous political and economic transition that started in 1989 remains relatively scarce. As family formation and childbearing behaviour are inherent components of societal life, they were influenced and modified by the various political, economic, and social changes that took place in Europe during the past 60 years. There were also profound changes in norms, values, beliefs, and attitudes regarding family and childbearing, and these exerted additional effects on fertility and family trends. To identify such effects, this study pays much attention to the influence of social and family policies on fertility, to the influence of political and economic changes on fertility and family trends, and to the diverse ways changes in values, norms, and attitudes relate to the transformation in family-related behaviour in Europe. In the present chapter, we outline main issues discussed in the subsequent overview chapters, and summarise the main findings of the entire study.childbearing, Europe

"General Conclusions: From Crisis to A Global Political Economy of Freedom"

In this chapter I sum up the basic problems for a new theory of 21st century financial crises in light of the Asian and other subsequent crises. My conclusion is that there are indeed deep structural causes at work in the global markets that affect the political economy of countries and regions. Methodologically, new concepts, models and theories are constructed, at ;least partially, to conduct further meaningful empirical work leading to relevant policy conclusions. This book belongs to the beginning of intellectual efforts in this direction. Political economic analyses at the country level, CGE modeling within a new theoretical framework, and neural network approach to learning in a bounded rationality framework point to a role for reforms at the state, firm and regional level. A new type of institutional analysis called the 'extended panda's thumb approach' leads to the recommendation that path dependent hybrid structures need to be constructed at the local, national, regional and global level to lead to a new global financial architecture for the prevention--- and if prevention fails--- management of financial crises.

Lunar surface dynamics: Some general conclusions and new results from Apollo 16 and 17

Exposure ages of Apollo 17 rocks as measured by tracks and the Kr-Kr rare gas method are reported. Concordant ages of 22 - or + 1 million year (my) are obtained for the station 6 boulder sample 76315. This value is interpreted as the time when the station 6 boulder was emplaced in its present position. Reasonable agreement is also obtained by the two methods for another station 6 boulder, sample 76015. Discordant ages (respectively 5 and 28 my by the track and rare gas methods) are obtained for the station 7 boulder sample, 77135, indicating that the boulder was emplaced at least 5 my ago. The 72 my exposure age of 75035, in general agreement with previous measurements of approximately 85 my for another Camelot boulder, may well date the formation of Camelot. Rock 76015 was split and one surface exposed to the sky through a very small solid angle