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A forward recursive estimation method is used to examine stock market data on unit root against explosive behavior as an indication of financial exuberance. Through specific dividend-stock pricing modeling, the recursive implementation of a right-tailed ADF test allows for directly testing the price index series on explosive behavior and its corresponding dividend series on non-explosive behavior.
Sustainability Science (SS) is known for aspiration to support societies towards ecologically sound trajectories – a fabulously reflexive, ultimately critical and deeply self-aware field with a diverse community of highly skilled and creative researchers of noble goals, rigorous training and active engagement with ‘real life’ (so we claim, or at least aspire for). We try hard to alter extinction o
It is well-known that long memory and regime switching in the first moment of a stochastic process are easily confused. But the relation between long memory in the second moment and regime switching in the second moment is less well understood. We perform a simulation study in which we assess the possibility to distinguish the two properties in the case that data with long memory in the second mom
This thesis examines the extent to which the French and Swiss models of corporate criminal liability may inform the development of proposals to extend the jurisdiction of the International Criminal Court (ICC) to encompass legal persons. The study employs a combination of doctrinal and comparative legal methodology, with particular emphasis on the legal models through which criminal liability may
This thesis project examines the dynamics of trespass protests, particularly focusing on the Right to Roam (RTR) movement in England. I ask in what ways trespass action for roaming rights challenges private property relations and embodies alternative relations to land and nature. Grounded in historical materialist and political-economic theories, private property is conceptualised as social and sp
The global food system, population growth, increased wealth, shifting diets and an overall larger demand for processed food, meat and dairy, has led to increased pressure on land, water and energy. The environmental implications of this have taken part in the establishment of international institutions which aims to regulate agriculture production methods, and thereby reduce these adverse impacts.
Reaching the 1.5°C target of the Paris Agreement not only requires ambitious goals from national governments, but also the active participation of local municipalities. It is in cities where climate actions need to be implemented to reduce greenhouse gas emissions and reach the international and national climate goals. While the importance of cities and their participation in networks has been wel
Sustainability reporting is the primary way corporate sustainability data is disseminated to stakeholders and the wider public. While sustainability reporting is growing, certain industries still lag, such as shipping. Given the crucial role sustainability reporting can play in driving sustainable business practices, promoting improved reporting in the shipping industry is a valuable goal. This t
A loop of urbanization, increasing impervious surface in urban areas, increasing temperature, rainfall, surface runoff and flooding, and lack of new spaces have been adding challenges to urban drainage systems for decades. The climate change impacts are exposing the existing vulnerable conventional urban drainage systems to more challenges in the future. A new idea of sustainable drainage syst
Background Progressive keratoconus can lead to severely impaired vision, but there is currently no consensus on the definition of progressive disease. Errors in the measurement of the parameters commonly used to establish progressive disease were evaluated in an attempt to determine the limits at which a true change in the values can be detected. The possible association between measurement error
Spent sulfite liquor (SSL) is a byproduct of the sulfite pulping process of wood. SSL usually contains monosugars and lignosulfonates, which are fermented to produce ethanol and dried to generate lignosulfonate salts. However, the SSL that was used in this work was derived from the first step of a 2-step sulfite pulping process of softwood under mild pulping conditions in the first stage of cookin
There is now a consensus in the literature that future improvements in outcomes obtained from cognitive behavioral therapy (CBT) for chronic pain will requireresearch to identify patient and treatment variables that help explain outcomes. The frst aim of this study was to assess whether pre-treatment scores on measures of psychological (in)fexibility, acceptance, committed action, cognitive(de)fus
Wheat bran arabinoxylan can be converted by enzymatic hydrolysis into short arabinoxylo-oligosaccharides (AXOS) with prebiotic potential. Alkali extraction of arabinoxylan from wheat-bran offers advantages in terms of yield and results in arabinoxylan with highly-substituted regions which has been a challenge to hydrolyse using endoxylanases. We show that this hurdle can be overcome by selecting a
Genes determining the bovine erythrocyte antigens were mapped by linkage analysis. In total 9591 genotypes of 20 grandsire families with 1074 sires from a grand-daughter design were elucidated for the genes determining the erythrocyte antigens EAA, EAB, EAC, EAF, EAJ, EAL, EAM, EAN′, EAR′, EAS, EAT′, and EAZ according to standard paternity testing procedures in the blood typing laboratories. Linka
We provide a natural resource explanation for the divergence of the Portuguese economy relative to other European countries before the Second World War, based on a considerable body of contemporary sources. First, we demonstrate that a lack of domestic resources meant that Portugal experienced limited and unbalanced growth during the age of steam. Imports of coal were prohibitively expensive for i
