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Purpose: The purpose of this paper is to develop a new model for the success of megaprojects. Megaprojects are often said to fail because they finish late and/or overspent. As megaprojects are usually complex, so small changes in input can lead to disproportionate changes in output. So the time...
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Why did the correlation between oil prices and 10-year TIPS Break-even Inflation, a measure of long-term inflation compensation, increase dramatically after the financial crisis? Using a shadow-rate no-arbitrage term structure model, we demonstrate that this is because when nominal interest...
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Constructed wetlands are extensively applied in waste water treatment and water ecosystem restoration. However, the accumulation and migration characteristics and potential ecology risks of heavy metals, particularly in a long-running large-scale constructed wetland for wastewater treatment, are...
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