•A high-resolution coal market model develops regional insights into investment risks•By 2040, one-third of the current mining capacity risks becoming stranded assets•China benefits most, whereas Indonesia and Australia lose most from phase-out•Over 2.2 million jobs would suffer early mine closures in sustainable scenario The world spends almost half a trillion dollars per year on coal. This co...

This research is an empirical study on the effects of reporting assets impairment as required under SFAS No.35 on stock price by examining 787 public enterprises which reported assets impairment between 2005 and 2011. This research further examines the market’s response to enterprises of different characteristics which reported assets impairment. The empirical results show that: i) the market f...

Please cite this paper as: Khorram-Manesh A. Youth Are Our Future Assets in Emergency and Disaster Management. Bull Emerg Trauma. 2017;5(1):1-3. *Corresponding author: Amir Khorram-Manesh Address: Prehospital and Disaster Medicine Center, Department of Surgery, Institute of Clinical Sciences, Sahlgrenska Academy, Gothenburg University, Gothenburg, Sweden. Tel: +46-707-722741 e-mail: amir.khorra...

Many assets derive their value not only from future cash flows but also from their ability to serve as collateral. In this paper, we investigate this collateral value and its impact on asset returns in an infinite-horizon general equilibrium model with heterogeneous agents facing collateral constraints for borrowing. We document that borrowing against collateral substantially increases the retu...

Unlike conditional volatility that has been investigated intensively, conditional correlations between financial assets have received only little attention in literature. Researchers have, for so long, focused mainly on estimating returns and risk, and have assumed that the correlations are constant and have therefore paid less attention on them. However, recent studies uncover that such correl...

Given the uncertain future living of peasant households when they rent out farmland, the situation of livelihood assets is important for keeping sustainable livelihood. In this paper, the livelihood assets indicators were selected based on DFID’s sustainable livelihoods framework, and Monte Carlo method was adopted to establish the assessment model. The empirical study of peasant households sur...