Groudwater is of major importance in providing mains water supply, and is intensively exploited for private, domestic, and industrial use in many urban centers of the developing world. At the same time, the subsurface has come to serve as the receptor for much urban and industrial wastewater and...

A second-generation model of currency crises is combined with a standard model ofbanks as providers of insurance against liquidity risk. In a pegged exchange rateregime, after funds have been committed to the banks, news arrives about the qualityof the banks’ assets and about the exchange rate...

"Simulating Distributional Impacts of Macro-dynamics: Theory and Practical Applications is a comprehensive guide for analyzing and understanding the effects of macroeconomic shocks on income and consumption distribution, as well as for using the ADePT Simulation Module. Since real-time micro...