From Utopian Theory to Practical Applications: The Case of Econometrics

Lecture to the memory of Alfred Nobel, June 17, 1970econometrics

Application of mixed integer programming to a large scale logistics problem

Integer Programming;Logistics;production

Empirical tests of a simple pricing model for sugar futures

Price Theory;Estimation

The twin-debt problem in an interdependent world

Government Expenditure;External Debt;monetary economics

Water Resources Systems Planning and Management: An Introduction to Methods, Models and Applications

This 2005 version has been superseded by the 2017 edition, available in full here: http://hdl.handle.net/1813/48159Throughout history much of the world has witnessed ever-greater demands for reliable, high-quality and inexpensive water supplies for domestic consumption, agriculture and industry. In recent decades there have also been increasing demands for hydrological regimes that support healthy and diverse ecosystems, provide for water-based recreational activities, reduce if not prevent floods and droughts, and in some cases, provide for the production of hydropower and ensure water levels adequate for ship navigation. Water managers are challenged to meet these multiple and often conflicting demands. At the same time, public stakeholder interest groups have shown an increasing desire to take part in the water resources development and management decision making process. Added to all these management challenges are the uncertainties of natural water supplies and demands due to changes in our climate, changes in people's standards of living, changes in watershed land uses and changes in technology. How can managers develop, or redevelop and restore, and then manage water resources systems - systems ranging from small watersheds to those encompassing large river basins and coastal zones - in a way that meets society's changing objectives and goals? In other words, how can water resources systems become more integrated and sustainable

No one saw this coming. Understanding financial crisis through accounting models

This paper presents evidence that accounting (or flow-of-fund) macroeconomic models helped anticipate the credit crisis and economic recession. Equilibrium models ubiquitous in mainstream policy and research did not. This study identifies core differences, traces their intellectual pedigrees, and includes case studies of both types of models. It so provides constructive recommendations on revising methods of financial stability assessment. Overall, the paper is a plea for research into the link between accounting concepts and practices and macro economic outcomes