The determinants of sovereign bond yield spreads in the EMU

Mestrado em Economia Monetária e FinanceiraUm conjunto de dados de painel de países da área do euro foi utilizado para avaliar os determinantes dos spreads de rentabilidade de títulos soberanos do primeiro trimestre de 1995 ao último trimestre de 2017. No período anterior à crise financeira, os spreads foram determinados principalmente pela dívida esperada em relação ao PIB, fator de risco de crédito e crescimento econômico. Com a erupção da crise financeira, a análise sugere que os mercados começaram a levar em consideração mais fundamentos para determinar o preço dos spreads, como risco de liquidez e risco internacional. Concluiu-se também que existe uma diferença entre os determinantes do spread entre o grupo periferico e o grupo central.A panel dataset of euro area countries was used to assess the determinants of sovereign bond yield spreads from first quarter of 1995 to the last quarter of 2017. In the period before the financial crisis, the government bond yield spreads were mostly determined by the expected debt to GDP, the credit risk factor and economic growth. With the eruption of the financial crisis, the analysis suggests that markets have started to take into consideration more fundamentals to determine the price of government bond yield spreads, such as liquidity risk and international risk. It was also concluded that there is a difference between the determinants of the government bond yield spread of core and periphery group.info:eu-repo/semantics/publishedVersio

TAXONOMIC STRUCTURE OF THE PLANT COMMUNITIES OF TREE PLANTATIONS AT THE IRON ORE DUMPS IN KRYVYI RIH CITY

The development of woody-shrub vegetation in dump ecotopes for a long time was considered as the perspective of phytorecultivation problems. As a result of preliminary studies of the Department of Optimization of Technogenic Landscapes of the Kryvyi Rih Botanical Garden of National Academy of Sciences of Ukraine, it has been established that optimal conditions for its development are created in the dump ecotopes, firstly, at a certain level of moisture and mineral nutrition, which corresponds to a range of a number of hygrotopes: from dry to fresh (clays), from dry to wet (loams), from wet to very wet (sands), from raw to wet (gravel and screes) and wet (pebbles and gravel)

До проблеми ідентичності естетики навколишнього середовища (To the problem of identity of environmental aesthetics)

У статті розглядається проблема самовизначення нового напряму досліджень у сучасній філософії і культурі в цілому – естетика навколишнього середовища. Основна увага звертається на визначення основних аспектів цього напряму, а саме: розглядається питання щодо назви напряму, окреслення його об’єкта, передумов його виникнення і формування, теоретичного окреслення його основних понять. (The article is devoted to the problem of definition of such trend in contemporary philosophy and culture as aesthetics of environment. Author pays attention to the definition of the main aspects of this trend, for example: she investigates the problem of denomination of this trend, the definition of its object, premises of its origins and formation, theoretical definitions of its main concepts.

HYDROPULSE SYSTEM WITH POWERFUL PROTECTION OF MINING MACHINES FROM FLUCTUATIONS

Improvement of the structure, definition of rational parameters of the transient devices of the hydraulic pulse system (HPS) and evaluation of the efficiency of the use of repulsive clusters (RC) for vibration protection of base machines

ELASTIC-DISSIPATIVE STABILIZATION OF DYNAMIC PROCESSES OF HYDROPULSE SYSTEMS OF MINING MACHINES

Investigation of elastic-dissipative stabilization of dynamic processes of hydropulse systems of mining machines

Microsecond long atomistic simulation of supercooled water

Supercooled water is a metastable phase of liquid water below the melting temperature. An interesting discussion recently developed on the relationship between crystallization rate and the time scales of equilibration within the liquid phase. Calculations using a coarse grained monatomic model of water, the mW model, suggested that equilibration of the liquid below the temperature of homogeneous nucleation $T_H\approx225$ K is slower than ice nucleation. Here, a 3 $\mu$s long molecular dynamics simulation of the TIP4P-Ew water model is presented to investigate the relaxation properties of an atomistic model in the supercooled region below $T_H$. Evidence is provided that the liquid phase of the TIP4P-Ew model is at equilibrium in the supercooled regime before ice nucleation.Comment: 2 pages, 2 figure

Феноменологічна естетика Г. Шпета (The phenomenological aesthetics of G. Shpet)

У статті доліджено концепцію феноменологічної естетики відомого філософа Густава Шпета. Звертається увага на розуміння естетичних аспектів слова, представлене в працях Г. Шпета. Досліджуються театрологічні ідеї мислителя, а такожпринципи наук про мистецтво, що були ним розроблені. (In article it’s investigated the conception of phenomenological aesthetics of famous philosopher Gustav Shpet. The author pays attention to the aesthetical aspects of word that is presented in Gustav Shpet’s works. The theatrological ideas and principles of science about art are also analyzed.