1.

Record Nr.

UNINA9910464000803321

Autore

Jácome Luis Ignacio

Titolo

Central bank involvement in banking crises in Latin America / / Luis Ignacio Jácome ; authorized for distribution by Peter Stella

Pubbl/distr/stampa

[Washington, District of Columbia] : , : International Monetary Fund, , 2008

©2008

ISBN

1-4623-6589-2

1-4519-9233-5

1-282-84087-8

9786612840876

1-4518-6994-0

Descrizione fisica

1 online resource (51 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/135

Altri autori (Persone)

StellaPeter

Disciplina

330.9800411

Soggetti

Financial crises - Latin America

Monetary policy - Latin America

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Taking Stock of Banking Crises in Latin America; A. Defining Banking Crises; B. The Roots of the Crises; Figures; 1. Capital Flows and Banking Crises in Latin America; 2. Financial Reform and Banking Crises in Latin America; 3. Real Effective Exchange Rate and Banking Crises in Latin America; 4. Banking Crises and Real Credit Growth; C. Some Stylized Macroeconomic Facts Accompanying Banking Crises; Tables; 1. Banking Crises in Latin America and Relevant Macro-Financial Features; III. The Role of Central Banks in Banking Crises in Latin America

A. Intensive Use of Central Bank Money 2. Modalities of Monetization of Banking Crises; 5. Large Banking Crises in Latin America-Selected Episodes; B. The Role of the Institutional Framework; 6. Minor and Moderate Banking Crises in Latin America-Selected Episodes; 3. Institutional Framework behind Banking Crises in Latin America; Boxes;



1. Large ""Monetization"" of Banking Crises in Selected Countries; 2. Effective Episodes of Bank Restructuring and Resolution in Selected Countries; IV. Macroeconomic Repercussions; A. On Monetary Policy; 3. Banking Crises and Monetary Policy

7. Performance of the Money Multiplier in the Midst of Banking Crises in Latin America B. On Macroeconomic Stability; 4. Pair-Wise Correlations Between Selected Variables; 8. Banking Crises and Central Bank Money; 9. Central Bank Money in Banking Crises and Currency Depreciation; 10. Central Bank Money in Banking Crises and Fall in International Reserves; 5. Monetization of Banking Crises, Inflation, and Economic Growth; V. Lessons and Concluding Remarks; Appendix; I. Sample of Episodes of Banking Crises in Latin America from 1990 to 2006-Stylized Facts and Policy Response; References

Sommario/riassunto

This paper reviews the nature of central bank involvement in 26 episodes of financial disturbance and crises in Latin America from the mid-1990s onwards. It finds that, except in a handful of cases, large amounts of central bank money were used to cope with large and small crises alike. Pouring central bank money into the financial system generally derailed monetary policy, fueled further macroeconomic unrest, and contributed to simultaneous currency crises, thereby aggravating financial instability. In contrast, when central bank money issuance was restricted and bank resolution was timely ex



2.

Record Nr.

UNINA9910810879803321

Autore

Gaudenzi Paolo

Titolo

Smart structures : physical behaviour, mathematical modelling and applications / / Paolo Gaudenzi

Pubbl/distr/stampa

Hoboken, NJ, : Wiley, 2009

ISBN

9786612362149

9781282362147

1282362143

9780470682401

047068240X

9780470682432

0470682434

Edizione

[1st ed.]

Descrizione fisica

1 online resource (195 p.)

Disciplina

624.1

624.17

Soggetti

Smart structures - Mathematical models

Structural control (Engineering)

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Smart Structures; Contents; List of Figures; Preface; 1 Introduction to Smart Structures; 1.1 Smart Structures and Traditional Structures: Definition and Main Constituents; 1.2 Smart Structures and Active Materials; 1.3 The Physical Behaviour of Active Materials for Actuation and Sensing; 1.3.1 Piezoelectric Materials; 1.3.2 Electrostrictive Materials; 1.3.3 Magnetostrictive Materials; 1.3.4 Shape Memory Alloys; 1.4 Motivations for the Use of Smart Structure Technologies; 1.5 Monitoring Structural Integrity; 1.6 Shape Morphing; 1.7 Vibration Control; 1.8 Energy Harvesting; References

2 Mathematical Modeling of Piezoelectric Bodies 2.1 Analysis of Piezoelectric Continua; 2.1.1 Constitutive Relations of Piezoelectric Materials; 2.1.2 Energy Coupling Coefficients; 2.1.3 The Equations of Linear Piezoelectricity for a Three-dimensional Continuum; 2.1.4 Energy Considerations; 2.1.5 Governing Equations in Terms of Displacements and Electric Potential; 2.1.6 Analysis of a Two-



dimensional Piezoelectric Continuum under Electrical and Mechanical Loading; 2.2 Finite Element Equations for Piezoelectric Problems; 2.2.1 Variational Principles

2.2.2 The Case of Linear Constitutive Relations 2.2.3 Finite Element Discretization of the Linear Piezoelectric Equations; 2.2.4 Finite Element Solution; 2.2.5 An Iterative Approach to the Solution; 2.2.6 The Case of Nonlinear Constitutive Relations; 2.3 Finite Element Simulation of Piezoelectric Analyses of Practical Interest; 2.4 Beam, Plate and Shell Models; References; 3 Actuation and Sensing Mechanisms; 3.1 The Induced Strain Actuation Mechanism; 3.2 Axial Actuation; 3.2.1 Static Actuation; 3.2.2 Dynamic Actuation; 3.3 Bending Actuation; 3.3.1 The Thermocouple Analogy

3.3.2 Pure Bending Induced by Patched Actuators 3.3.3 Pure Axial Extension Induced by Patched Actuators; 3.3.4 The Pin-force Model; 3.4 The Generalization of Pin-force and Euler-Bernoulli Beam Actuation; 3.4.1 Pin-force Model; 3.4.2 Euler-Bernoulli Model; 3.5 Static Response of a Beam Subjected to Bending Actuation; 3.6 Dynamic Response of a Beam Actuated in Bending; 3.7 Higher Order Models for Beam Bending Actuation; 3.7.1 Single Layer Higher Order Model; 3.7.2 Multilayer Higher Order Model; 3.7.3 Equilibrium Equations; 3.8 Sensing Mechanism; 3.9 Control Issues

3.9.1 The Use of Piezoelectric Materials for the Control of Structural Vibrations 3.9.2 Experimental Case Study; References; 4 Active Composites; 4.1 The Concept of Active Composites; 4.2 Piezoelectric Fibre Composites; 4.3 Interdigitated Electrodes for Piezoelectric Components; 4.4 Micromechanics of a Piezoelectric Fibre Composite; 4.4.1 Elastic Properties of a Fibre Composite; 4.4.2 Dielectric Properties of a Fibre Composite; 4.5 Finite Element Evaluation of the Piezoelectric Properties of the Active Composite; 4.6 Macromechanics of Active Composites

4.6.1 Constitutive Relations of a Piezocomposite Lamina

Sommario/riassunto

Synthesizing knowledge acquired as a result of significant research and development over recent years, Smart Structures clearly illustrates why these structures are of such intense current interest. Gaudenzi offers valuable insight into both how they behave and how and at what cost they could be designed and produced for real life applications in cutting edge fields such as vibration control, shape morphing, structural health monitoring and energy transduction.   Smart Structures offers a basic and fundamental description of smart structures from the physical, mathematics,