External Balance Sheets as Countercyclical Crisis Buffers

External Balance Sheets as Countercyclical Crisis Buffers

The external balance sheets of many emerging market countries are distinguished by their holdings of assets primarily in the form of foreign debt and foreign exchange reserves, while their liabilities are predominantly equity, either FDI or portfolio. In this paper we investigate the claim that this composition served as a buffer for the emerging markets during the global financial crisis of 20...

Metabolic balance sheets.

toichiometric analysis has the same function in biochemistry as book-keeping has in business. Both deal with the inputs and outputs in flow systems, and studying the stoichiometric structure of a metabolic network might seem only slightly more exciting than a visit to an accountant's office. Times change, however, and progress in systems biology will involve paying closer attention to stoichiom...

Discusssion of Anchoring Countercyclical Capital Buffers: The Role of Credit Aggregates

Mass balance of polar ice sheets.

Recent advances in the determination of the mass balance of polar ice sheets show that the Greenland Ice Sheet is losing mass by near-coastal thinning, and that the West Antarctic Ice Sheet, with thickening in the west and thinning in the north, is probably thinning overall. The mass imbalance of the East Antarctic Ice Sheet is likely to be small, but even its sign cannot yet be determined. Lar...

Proteins as buffers.

It was a strange choice to ask me, who has not contributed to the description of the titration behavior of proteins, to discuss tha t subject. Nevertheless I am pleased to attempt to summarize the state of knowledge for our present purposes. Our best objective in this monograph is surely to make ourselves and each other better informed; we will be examining the meaning of terms for that purpose...