A model composite assessment of the enhancement of Arctic warming by sea ice retreat

Thesis (M.S.) University of Alaska Fairbanks, 2006Five global climate models used in the Arctic Climate Impact Assessment are utilized to estimate the local enhancement of Arctic warming attributable to sea ice retreat in 21st century B2-scenario greenhouse gas (GHG) simulations. The models show a wide range of ice retreat, resulting in a corresponding range in the enhancement of warming. The enhancement is highly seasonal, varying locally from essentially zero in the summer to several degrees CC) in the late autumn and early winter. The composite climate model response to GHG forcing manifests as a nonlinear amplification of seasonally modulated warming enhancement. The magnitude of the warming enhancement increases with the threshold decline in ice concentration used to define retreat because higher thresholds better isolate the warming enhancement signal over ice retreat areas. A threshold of 20% ensures that all models in this study have enough ice retreat area to sample the enhancement because all start with ice concentrations at least that high over substantial northern hemisphere areas. All estimates are lower bounds because they do not account for advective effects

Risk stratification in non-ST elevation acute coronary syndromes: risk scores, biomarkers and clinical judgment

Undifferentiated chest pain is one of the most common reasons for emergency department attendance and admission to hospitals. Non-ST elevation acute coronary syndrome (NSTE-ACS) is an important cause of chest pain, and accurate diagnosis and risk stratification in the emergency department must be a clinical priority. In the future, the incidence of NSTE-ACS will rise further as higher sensitivity troponin assays are implemented in clinical practice. In this article, we review contemporary approaches for the diagnosis and risk stratification of NSTE-ACS during emergency care. We consider the limitations of current practices and potential improvements. Clinical guidelines recommend an early invasive strategy in higher risk NSTE-ACS. The Global Registry of Acute Coronary Events (GRACE) risk score is a validated risk stratification tool which has incremental prognostic value for risk stratification compared with clinical assessment or troponin testing alone. In emergency medicine, there has been a limited adoption of the GRACE score in some countries (e.g. United Kingdom), in part related to a delay in obtaining timely blood biochemistry results. Age makes an exponential contribution to the GRACE score, and on an individual patient basis, the risk of younger patients with a flow-limiting culprit coronary artery lesion may be underestimated. The future incorporation of novel cardiac biomarkers into this diagnostic pathway may allow for earlier treatment stratification. The cost-effectiveness of the new diagnostic pathways based on high-sensitivity troponin and copeptin must also be established. Finally, diagnostic tests and risk scores may optimize patient care but they cannot replace patient-focused good clinical judgment

Continental shift? An analysis of convergence trends in European real estate equities

European economic and political integration have been recognised as having implications for patterns of performance in national real estate and capital markets and have generated a wide body of research and commentary. In 1999, progress towards monetary integration within the European Union culminated in the introduction of a common currency and monetary policy. This paper investigates the effects of this ‘event’ on the behaviour of stock returns in European real estate companies. A range of statistical tests is applied to the performance of European property companies to test for changes in segmentation, co-movement and causality. The results suggest that, relative to the wider equity markets, the dispersion of performance is higher, correlations are lower, a common contemporaneous factor has much lower explanatory power whilst lead-lag relationships are stronger. Consequently, the evidence of transmission of monetary integration to real estate securities is less noticeable than to general securities. Less and slower integration is attributed to the relatively small size of the real estate securities market and the local and national nature of the majority of the companies’ portfolios

Continental Shift? An Analysis of Convergence Trends in European Real Estate Equities

This paper investigates the effects of European monetary integration on the behavior of stock returns in European real estate companies from the perspective of a dollar-denominated investor. A range of statistical tests is applied to assess changes in segmentation, co-movement and causality. The results suggest that, relative to the wider equity markets, the dispersion of performance is higher, correlations are lower, a common contemporaneous factor has much lower explanatory power whilst lead-lag relationships are stronger. Less and slower integration is attributed to the relatively small size of the real estate securities market and the local nature of many real estate companies’ portfolios.

Monetary Integration and Real Estate Markets: An Investigation of the Impact of the Introduction of a Single Currency on Real Estate Performance

This paper assesses the impact of the monetary integration on different types of stock returns in Europe. In order to isolate European factors, the impact of global equity integration and small cap factors are investigated. European countries are sub-divided according to the process of monetary convergence. Analysis shows that national equity indices are strongly influenced by global market movements, with a European stock factor providing additional explanatory power. The global and European factors explain small cap and real estate stocks much less well –suggesting an increased importance of ‘local’ drivers. For real estate, there are notable differences between core and non-core countries. Core European countries exhibit convergence – a convergence to a European rather than a global factor. The non-core countries do not seem to exhibit common trends or movements. For the non-core countries, monetary integration has been associated with increased dispersion of returns, lower correlation and lower explanatory power of a European factor. It is concluded that this may be explained by divergence in underlying macro-economic drivers between core and non-core countries in the post-Euro period.

Debugging the Tallinn Manual 2.0\u27s Application of the Due Diligence Principle to Cyber Operations

As global cyber connectivity increases, so does opportunities for large-scale nefarious cyber operations. These novel circumstances have necessitated the application of old-world customs to an increasingly complex world. To meet this challenge, the Tallinn Manual 2.0 on the International Law Applicable to Cyber Operations was created. The Manual provides 154 black letter rules detailing how international law applies to cyber operations during peacetime. Of particular import is the Manual’s interpretation of the due diligence principle. This principle, which defines the contours of a state’s obligation to prevent their territory to inflict extraterritorial harm, is increasingly significant in light of the above-mentioned increase in global network connectivity. It is with regards to this principal where the Manual’s application is flawed. However, because of the principle’s inherent flexibility, and the unique nature of the cyber risks, there are patches that are consistent with international law and would better serve global peace and security

Monetary integration and real estate markets: an investigation of the impact of the introduction of a single currency on real estate performance

This paper assesses the impact of the monetary integration on different types of stock returns in Europe. In order to isolate European factors, the impact of global equity integration and small cap factors are investigated. European countries are sub-divided according to the process of monetary convergence. Analysis shows that national equity indices are strongly influenced by global market movements, with a European stock factor providing additional explanatory power. The global and European factors explain small cap and real estate stocks much less well –suggesting an increased importance of ‘local’ drivers. For real estate, there are notable differences between core and non-core countries. Core European countries exhibit convergence – a convergence to a European rather than a global factor. The non-core countries do not seem to exhibit common trends or movements. For the non-core countries, monetary integration has been associated with increased dispersion of returns, lower correlation and lower explanatory power of a European factor. It is concluded that this may be explained by divergence in underlying macro-economic drivers between core and non-core countries in the post-Euro period

Recent and future drying of the Mediterranean region: anthropogenic forcing, natural variability and social impacts

The Mediterranean region has experienced persistent drying since the middle of the 20th Century and global climate models project further drying in the future as a consequence of increasing greenhouse gases. The Mediterranean region is also known to oscillate between decades of relatively wet and dry conditions due to the strong influence of multidecadal North Atlantic Oscillation (NAO). It is therefore of great importance to understand the relationship between forced long-term drying resulting from human influences and those due to natural variability. To this end, we used observations, reanalyses and comprehensive global climate models in this thesis research. The roles of anthropogenic climate change and internal climate variability in causing the Mediterranean region's late 20th Century extended winter drying trend were examined using 20th Century observations as well as 19 coupled climate models from the CMIP3. The drying was strongly influenced by the robust positive trend in the NAO from the 1960s to the 1990s. Model simulations and observations were used to assess the probable relative roles of radiative forcing and internal variability in explaining the circulation trend that drove much of the precipitation change. It was concluded that the radiatively forced trends were a small fraction of the total observed trends. Instead it was argued that the robust trends in the observed NAO and Mediterranean rainfall during this period were largely due to multidecadal internal variability with a small contribution from the external forcing. Differences between the observed and NAO associated precipitation trends are consistent with those expected as a response to radiative forcing. The radiatively forced trends in circulation and precipitation are expected to strengthen in the current century and these results highlight the importance of their contribution to future precipitation changes in the region. The Mediterranean precipitation climatology and trend were further examined by comparing the newest generation of global climate models (CMIP5) used in the Intergovernmental Panel on Climate Change (IPCC) Fifth Assessment Report, to the previous generation (CMIP3) and to observations over the latter half of the 20th Century for both the summer and winter half years. The observed drying trend since 1950 was predominantly due to winter drying, with very little contribution from the summer. However, in the CMIP5 multimodel mean, the precipitation trend since 1950 is evenly divided throughout the seasonal cycle. This may indicate that in observation, multidecadal internal variability, particularly that associated with the NAO, dominates the wintertime trend. An estimate of the observed externally forced trend showed that winter drying dominated in observations but the spatial patterns were grossly similar to the multimodel mean trend. The similarity was particularly robust in the eastern Mediterranean region, indicating a radiatively forced component being stronger there. These results also revealed modest improvement for the CMIP5 multimodel ensemble in representation of the observed six-month winter and summer climatology. We further explored the detailed mechanisms leading to the NAO-associated precipitation change, such as the role of the change in mean circulation versus that of the storm tracks in the regional moisture budget, which had not been investigated previously. We employed a moisture budget analysis using 15 CMIP5 models and the ERA-Interim Reanalysis to investigate the relationship between the NAO and the various moisture budget terms for the six-month winter and summer. Compared with the ERA-Interim, the models performed well in their simulation of the relationship between the naturally varying NAO and the large-scale moisture budget. Our results indicated that the shift in the midlatitude transient eddies induced modest moisture convergence, rather than divergence, over the Mediterranean under a positive NAO. The reduction in precipitation in this region during a positive NAO was dominated by the mean moisture divergence, which opposed the transient contribution. There were significant differences between the patterns of NAO-induced moisture budget anomaly and changes due to external radiative forcing. Under radiative forcing there was enhanced evaporation over the Mediterranean Sea, Italy and eastern Europe and drying by the shift in the wintertime storms over nearly all of Europe and the Mediterranean. Under a positive phase of the NAO, on the other hand, there was modest reduction in evaporation and wetting by the storms over the Mediterranean, and drying over northern Europe. The dependence of the Mediterranean moisture budget on the NAO was similarly explored in the summer half of the year and in this season the models exhibited more disagreement with observations, but otherwise showed the similar results as winter. The stronger anthropogenic induced drying signal over the eastern Mediterranean provided a basis to examine the possible cause and impact of the recent severe and persistent drought in Syria that occurred directly prior to the uprising of 2011. The drought devastated Syrian agriculture, resulting in food shortages, widespread unemployment, the collapse of rural social structure and a mass migration of agricultural refugees to Syria's urban areas. Anger at the government's failure to ameliorate conditions was one spark for the uprising that evolved into civil war. We found that though droughts occur periodically in Syria due to natural causes it is likely that the recent drought was more extreme due to the century long drying trend caused by increased radiative forcing. It was estimated that the anthropogenic trend made a drought of such severity several times more likely. Droughts as persistent as the recent one are projected to be commonplace in a future warmer world