warming negotiations, in order to identify a normative ethical framework. As far as mitigation is concerned, for the … option. Turning to adaptation, my point is that the criterion of responsibility based on historical accountability is …

, and makes precise the notion of balance sheet vulnerability. It also sheds some light on the role of asset prices in … monetary policy and carries regulatory implications. The case studies apply the model to Japan’s Lost Decade, the Nordic …

Many existing measures of vulnerability lack a theoretical basis. In this paper we propose to measure vulnerability … strongly on the time horizon considered. We use the model to assess the accuracy of existing regression-based vulnerability …

Most measures of vulnerability are a-theoretic and essentially static. In this paper we use a stochastic Ramsey model … to find a household's optimal welfare and we measure vulnerability as the shortfall from the welfare attained if the … household consumed permanently at the poverty line. The results indicate that vulnerability is very sensitive to the time …

Pumping wealth from developed nations. A Notional Balance sheet of USA, balances only with a Loss to the Assets(Debit). This … off-setting entry is a miscellaneous loss expense entry,in the Profit making US Income Statement. As a Prime Developed …