The COVID-19 pandemic is imposing economic and broader development challenges as never before. Policy lessons from Asia and the Pacific's past experience in dealing with shocks show that focusing on economic growth alone is not enough. Rising inequality and environmental challenges increased the...

The COVID-19 pandemic is imposing economic and broader development challenges as never before. Policy lessons from Asia and the Pacific's past experience in dealing with shocks show that focusing on economic growth alone is not enough. Rising inequality and environmental challenges increased the...

Based on Monte Carlo simulation, the spin configurations, thermal magnetization and hysteresis loops of the clusters coated by the surface shell with radial anisotropy are studied. Interestingly, a new multidomain containing a few of subdomains whose easy directions are along those of the...

We use dynamic light scattering to measure the dynamic structure factor of density fluctuations occurring in colloidal suspensions that have attained a quiscent state long after aggregation. We find a stretched-exponential decay to a finite plateau. Our interpretation of the arrested decay is...

By using a smooth entropy function to approximate the non-smooth max-type function, a vertical linear complementarity problem (VLCP) can be treated as a family of parameterized smooth equations. A Newton-type method with a testing procedure is proposed to solve such a system. We show that the...

This paper introduces a general framework for market models, named Market Model Approach, through the concept of admissible sets of for-ward swap rates spanning a given tenor structure. We relate this concept to results in graph theory by showing that a set is admissible if and only if the...