Depending on how it functions and is organized, the financial system can have a negative, positive, or zero impact environment. For Bangladesh, empirical relationship between development environment, measured in terms of carbon dioxide (CO2) emissions per capita, analysed over period 1980 to 2020. This first such analysis for this country. We perform within non-linear bound testing framework wh...

Tooth root crack is considered as one of the crucial causes of failure in the gearing system and it occurs at the tooth root due to an excessive bending stress developed in the root region. The modern power transmission gear drives demand high bending load capacity, increased contact load capacity, low weight, reduced noise and longer life. These subsequent conditions are satisfied by the aid o...

The main goal of the present study is testing asymmetric risk pricing and comparing it with pricing of traditional risk measures in Tehran Stock Market. Accordingly, a sample consisting of 101 companies listed in Tehran Stock Market during 2002-2013 went under investigation. In order to test asymmetric risk pricing, regression model of panel data was applied. The results revealed a positive and...

Using a set of cointegration and error correction models with Threshold Autoregressive (TAR) or Momentum Threshold Autoregressive (MTAR) asymmetric adjustment, we investigate whether the effects of fiscal policy (i.e. expansionary or contractionary government spending shocks) on interest rates in Japan are asymmetric or not. Forty years of quarterly series on price of oil, Consumer Price Index ...

We develop a reduced-form model of price transmission in a vertical sector, allowing for refined asymmetric, contemporaneous and lagged, own and cross price effects. The model is used to analyze wholesale-retail price dynamics in the US butter market. The analysis provides strong evidence of asymmetric price transmissions. It documents the complex nature of nonlinear price dynamics in a vertica...

"Complete scaling," which maps asymmetric fluid criticality onto the symmetric Ising model, is extended to spatially inhomogeneous fluids. This extension enables us to obtain a fluctuation-modified asymmetric interfacial density profile, which incorporates leading effects from the asymmetry of fluid phase coexistence and the asymmetry of the correlation length. The derived asymmetric interfacia...

Ireland’s participation in stage three of Economic and Monetary Union precludes exchange rate adjustment in response to asymmetric shocks. A Structural VAR model is used to decompose the effects of asymmetric supply, demand and nominal disturbances on macroeconomic imbalances between Ireland and the UK and on the Irish pound-sterling exchange rate. The results indicate that supply shocks accoun...

In this paper we study a Hamiltonian system with a spatially asymmetric potential. We are interested in the effects on the dynamics when the potential becomes symmetric slowly in time. We focus on a highly simplified non-trivial model problem (a metaphor) to be able to pursue explicit calculations as far as possible. Using the techniques of averaging and adiabatic invariants, we are able to stu...