湖泊湿地利用阶段演变的经济学分析——以太湖为例

人类对太湖湿地利用存在多种形式,但是在特定经济发展阶段的主导地位不同,存在太湖湿地利用阶段的演变,这个演变过程是在人类需求和湖泊湿地资源比较优势的共同作用下实现的,是实现丰富的自然资源对相对稀缺的自然资源的替代,是人造资本对自然资本和自然生产力进行替代的过程,是人类对太湖湿地依附性利用向和谐性利用转变的过程。     

邢台山前倾斜平原区孔隙水脆弱性评价

利用DRASTIC模型和MAPGIS叠加技术,并采用层次分析法,构建地下水脆弱性评价系统,将该评价系统应用于邢台市山前倾斜平原区孔隙水脆弱性评价。结果表明,评价结果与实际情况比较吻合。     

深度处理工艺的系统选择研究

针对当前国内普遍存在的微污染原水有机物去除目标,探讨深度处理工艺中以活性炭吸附和超滤工艺为核心的多种组合工艺的特点.选择目前常用的生物活性炭工艺和开始应用的活性炭-超滤膜工艺进行试验研究和工程应用分析,探究各种工艺在不同条件下对有机物、氨氮和浊度等控制指标的去除效果,从而在不同原水水质条件下完成深度处理的系统选择.     

高效低耗活性炭水处理工艺设计方法的优化

介绍活性炭吸附工艺设计的基本步骤和方法,说明如何建立高效低耗的活性炭水处理工艺,并通过吸附容量实验与连续流穿透实验获得工艺设计的基本参数。以吸附性能指标选炭法、微型快速穿透实验及生物活性炭系统的案例,论述活性炭塔中生物活性炭现象、活性炭催化/降解功能以及再生炭应用等高效低耗的功效,以达到进一步降低活性炭水处理成本的目的。     

Intraday Empirical Analysis and Modeling of Diversified World Stock Indices

This paper proposes an approach to the intraday analysis of diversified world stock accumulation indices. The growth optimal portfolio (GOP) is used as reference unit or benchmark in a continuous financial market model. Diversified portfolios, covering the world stock market, are constructed and shown to approximate the GOP, providing the basis for a range of financial applications. The normalized GOP is modeled as a time transformed square root process of dimension four. Its dynamics are empirically verified for several world stock indices. Furthermore, the evolution of the transformed time is modeled as the integral over a rapidly evolving mean-reverting market activity process with deterministic volatility. The empirical findings suggest a rather simple and robust model for a world stock index that reflects the historical evolution, by using only a few readily observable parameters. Mathematics Subject Classification: (1991) primary 90A12, secondary 60G30,62P20 JEL Classification: G10, G13     

The Lévy LIBOR model

Models driven by Lévy processes are attractive because of their greater flexibility compared to classical diffusion models. First we derive the dynamics of the LIBOR rate process in a semimartingale as well as a Lévy Heath-Jarrow-Morton setting. Then we introduce a Lévy LIBOR market model. In order to guarantee positive rates, the LIBOR rate process is constructed as an ordinary exponential. Via backward induction we get that the rates are martingales under the corresponding forward measures. An explicit formula to price caps and floors which uses bilateral Laplace transforms is derived.     

国内外醋酸生产应用及市场分析

对国内外醋酸生产技术发展动向和市场供需作了综述。认为醋酸作为重要有机原料品种之一，在我国发展前景看好。借鉴国外发展策略，应淘汰包括乙烯-乙醛法在内的落后工艺，发展先进的甲醇羰基合成工艺，同时还应重视规模效应，在有条件的地区建300-500kt／a规模的装置是可取的。     

Central bank interventions and jumps in double long memory models of daily exchange rates

In this paper, we estimate ARFIMA–FIGARCH models for the major exchange rates (against the US dollar) which have been subject to direct central bank interventions in the last decades. We show that the normality assumption is not adequate due to the occurrence of volatility outliers and its rejection is related to these interventions. Consequently, we rely on a normal mixture distribution that allows for endogenously determined jumps in the process governing the exchange rate dynamics. This distribution performs rather well and is found to be important for the estimation of the persistence of volatility shocks. Introducing a time-varying jump probability associated to central bank interventions, we find that the central bank interventions, conducted in either a coordinated or unilateral way, induce a jump in the process and tend to increase exchange rate volatility.