LEADER 06212oam 22015134 450 001 9910788336403321 005 20230721045701.0 010 $a1-4623-0028-6 010 $a1-4527-9749-8 010 $a1-282-84310-9 010 $a1-4518-7237-2 010 $a9786612843105 035 $a(CKB)3170000000055250 035 $a(EBL)1608263 035 $a(SSID)ssj0000941484 035 $a(PQKBManifestationID)11577296 035 $a(PQKBTitleCode)TC0000941484 035 $a(PQKBWorkID)10963640 035 $a(PQKB)10653784 035 $a(OCoLC)586098021 035 $a(MiAaPQ)EBC1608263 035 $a(IMF)WPIEE2009090 035 $a(EXLCZ)993170000000055250 100 $a20020129d2009 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aInflation Hedging for Long-Term Investors /$fShaun Roache, Alexander Attie 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2009. 215 $a1 online resource (39 p.) 225 1 $aIMF Working Papers 300 $a"April 2009". 311 $a1-4519-1672-8 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; Figures; 1. Long-term Consumer Price Inflation, 1950-2008 (annual percent); II. Literature Review; A. Cash; B. Bonds; C. Corporate Equity; D. Alternatives; E. Diversified Portfolios; III. Inflation Hedging Over a One-Year Horizon; A. Data; Tables; 1. Short-Run Model Variables: Summary Statistics, Jan-1927 to Nov-2008; B. Estimation Strategy; C. Results; 2. Asset Class Sensitivity to Inflation Over a 12-Month Horizon; IV. Inflation Hedging over the Long Term; 3. Breakpoint Tests and Sub-Sample Regressions; A. Data; B. Estimation Strategy 327 $a3. Long-Run Model Variables: Summary Statistics, Aug-1956 to Oct-2008C. Results; 2. Inflation Shock 20-Year Cumulative Impulse Response Functions; 3. Inflation Shock Elasticities; V. Summary and Investment Implications; Appendix; References 330 3 $aLong-term investors face a common problem-how to maintain the purchasing power of their assets over time and achieve a level of real returns consistent with their investment objectives. While inflation-linked bonds and derivatives have been developed to hedge the effects of inflation, their limited supply and liquidity lead many investors to continue to rely on the indirect hedging properties of traditional asset classes. In this paper, we assess these properties over different time horizons, in the context of a diversified portfolio. Using a vector error correction model, we find that effective short-run hedges, such as commodities, may not work over longer horizons and that tactical asset allocation could enhance investment returns following inflation surprises. 410 0$aIMF Working Papers; Working Paper ;$vNo. 2009/090 606 $aHedging (Finance) 606 $aInflation (Finance) 606 $aRisk 606 $aBanks and Banking$2imf 606 $aInflation$2imf 606 $aInvestments: Bonds$2imf 606 $aInvestments: Stocks$2imf 606 $aMoney and Monetary Policy$2imf 606 $aPrice Level$2imf 606 $aDeflation$2imf 606 $aPortfolio Choice$2imf 606 $aInvestment Decisions$2imf 606 $aPension Funds$2imf 606 $aNon-bank Financial Institutions$2imf 606 $aFinancial Instruments$2imf 606 $aInstitutional Investors$2imf 606 $aGeneral Financial Markets: General (includes Measurement and Data)$2imf 606 $aFinancing Policy$2imf 606 $aFinancial Risk and Risk Management$2imf 606 $aCapital and Ownership Structure$2imf 606 $aValue of Firms$2imf 606 $aGoodwill$2imf 606 $aMonetary Systems$2imf 606 $aStandards$2imf 606 $aRegimes$2imf 606 $aGovernment and the Monetary System$2imf 606 $aPayment Systems$2imf 606 $aMacroeconomics$2imf 606 $aInvestment & securities$2imf 606 $aFinancial services law & regulation$2imf 606 $aMonetary economics$2imf 606 $aStocks$2imf 606 $aBonds$2imf 606 $aHedging$2imf 606 $aCurrencies$2imf 606 $aPrices$2imf 606 $aFinancial institutions$2imf 606 $aFinancial regulation and supervision$2imf 606 $aMoney$2imf 606 $aFinancial risk management$2imf 607 $aUnited States$2imf 615 0$aHedging (Finance) 615 0$aInflation (Finance) 615 0$aRisk. 615 7$aBanks and Banking 615 7$aInflation 615 7$aInvestments: Bonds 615 7$aInvestments: Stocks 615 7$aMoney and Monetary Policy 615 7$aPrice Level 615 7$aDeflation 615 7$aPortfolio Choice 615 7$aInvestment Decisions 615 7$aPension Funds 615 7$aNon-bank Financial Institutions 615 7$aFinancial Instruments 615 7$aInstitutional Investors 615 7$aGeneral Financial Markets: General (includes Measurement and Data) 615 7$aFinancing Policy 615 7$aFinancial Risk and Risk Management 615 7$aCapital and Ownership Structure 615 7$aValue of Firms 615 7$aGoodwill 615 7$aMonetary Systems 615 7$aStandards 615 7$aRegimes 615 7$aGovernment and the Monetary System 615 7$aPayment Systems 615 7$aMacroeconomics 615 7$aInvestment & securities 615 7$aFinancial services law & regulation 615 7$aMonetary economics 615 7$aStocks 615 7$aBonds 615 7$aHedging 615 7$aCurrencies 615 7$aPrices 615 7$aFinancial institutions 615 7$aFinancial regulation and supervision 615 7$aMoney 615 7$aFinancial risk management 700 $aRoache$b Shaun$01462118 701 $aAttie$b Alexander$01472698 712 02$aInternational Monetary Fund.$bFinance Dept. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910788336403321 996 $aInflation Hedging for Long-Term Investors$93685569 997 $aUNINA LEADER 12295nam 22006255 450 001 9910760284303321 005 20231017043308.0 010 $a981-9953-18-9 024 7 $a10.1007/978-981-99-5318-9 035 $a(MiAaPQ)EBC30793347 035 $a(Au-PeEL)EBL30793347 035 $a(DE-He213)978-981-99-5318-9 035 $a(PPN)272919071 035 $a(CKB)28521692500041 035 $a(EXLCZ)9928521692500041 100 $a20231017d2024 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aAdvances in Material Science and Engineering $eSelected Articles from ICMMPE 2022 /$fedited by Mokhtar Awang, Hussain H. Al-Kayiem, Ton C. Bor, Seyed Sattar Emamian 205 $a1st ed. 2024. 210 1$aSingapore :$cSpringer Nature Singapore :$cImprint: Springer,$d2024. 215 $a1 online resource (398 pages) 225 1 $aProceedings in Technology Transfer,$x2948-233X 300 $aIncludes index. 311 08$aPrint version: Awang, Mokhtar Advances in Material Science and Engineering Singapore : Springer,c2023 9789819953172 327 $aIntro -- Preface -- Contents -- Analysis on the Efficiency of Logistics Companies in Malaysia Using Data Envelopment Analysis Model -- 1 Introduction -- 2 Data and Methodology -- 3 Result and Discussion -- 4 Conclusion -- References -- Evaluation of the Preference of Online Food Delivery Providers in Supply Chain Management with AHP Model -- 1 Introduction -- 2 Data and Methodology -- 3 Result and Discussion -- 4 Conclusion -- References -- Performance Analysis of Courier Service Providers in Transportation Using TOPSIS Model -- 1 Introduction -- 2 Data and Methodology -- 3 Result and Discussion -- 4 Conclusion -- References -- A Fast Initial Response Double EWMA Chart for Process Mean -- 1 Introduction -- 2 The Properties of the FDEWMA Chart -- 3 Computation and Comparisons of Run Lengths -- 4 Conclusion -- References -- Microstructural and Compositional Analyses of Resin Matrix Composites -- 1 Introduction -- 2 Experimental Procedure -- 3 Results and Discussion -- 4 Conclusion -- References -- Stability Characteristics of Water/Diesel and Biodiesel Emulsions Under the Influence of Water Dosages -- 1 Introduction -- 2 Materials and Methods -- 2.1 Principle of Emulsions Preparation -- 2.2 Optical Microscope System -- 2.3 Digital Image Processing -- 3 Results and Discussion -- 4 Conclusions -- References -- Prediction of a Diffusion Flame Characteristics with the Influence of Repulsive Electromagnetic Fields -- 1 Introduction -- 2 Experimental Implementation -- 2.1 Principle of Electromagnetic Induction System -- 2.2 Methodology and Experimental setup -- 3 Results and Discussion -- 4 Conclusions -- References -- Design and Fabrication of a Livestock's Fodder Crusher -- 1 Introduction -- 2 Design Methodology -- 2.1 Conceptual Design -- 2.2 Design Calculations and Simulation -- 3 Conclusion -- References. 327 $aDesign of a Solar PV Water Pumping System for Small-Scale Farming Along the Calueque-Oshakati Canal in Namibia -- 1 Introduction -- 2 Design Methodology -- 2.1 Weather Data of the Area Using PVGIS -- 3 Results and Discussions -- 3.1 Determining the Module Full Load Rated Energy (kWh) -- 3.2 Designed Solar PV System Output Quantities -- 3.3 Solar Panel Optimum Tilt Angle -- 4 Conclusion -- References -- Effect of Cobalt Oxide Nanoparticles Additives to Water Hyacinth-Diesel Mixture Biofuel on the Performance and Emissions of Single CI Engine -- 1 Introduction -- 2 Experimental Setup -- 2.1 Preparation of Test Samples Blends -- 2.2 Engine Specifications and Apparatus -- 2.3 Uncertainty Analysis -- 3 Results and Discussion -- 4 Conclusions -- References -- Design and Fabrication of a Solar-Powered Lawn Mower -- 1 Introduction -- 2 Design Concepts -- 2.1 Principle of Operation and 3D Model -- 3 Prototype Testing -- 4 Conclusion -- References -- Prediction of Surge/Swab Pressure in the Oil & -- Gas Industry: Effect of Process Parameters and Significance of Modeling -- 1 Introduction -- 2 Literature Review -- 2.1 Parameters Affecting Surge/Swab Pressure -- 2.2 Drilling Design Parameters -- 2.3 Existing Theoretical and Experimental Study on Surge/Swab Pressure -- 2.4 Laboratory Scale Experimental Studies -- 3 Conclusion -- References -- Study the Behaviour of Chest Freezer Working with R134a and R600a Under Pull Down and Loading States -- 1 Introduction -- 2 Experimental Implementation -- 2.1 Test Apparatus -- 2.2 Measurement System -- 3 The Results and Discussion -- 4 Conclusions -- References -- Effects of Arc Welding Current on the Mechanical Properties of Aluminium Plate Weldments -- 1 Introduction -- 2 Experimental Procedure -- 3 Results and Discussion -- 4 Conclusion -- References -- Design of a Passive Dust Suppression System for the Coal Staithes. 327 $a1 Introduction -- 2 Materials and Methods -- 3 Design Parameters -- 3.1 Pipe Plan and Schematic Diagram -- 3.2 Spray Nozzle Selection -- 3.3 Pipe Sizing and Selection -- 3.4 Pump Sizing and Selection -- 3.5 Semi-Automation -- 4 Results and Discussion -- 5 Conclusion -- References -- Design and Fabrication of a Hand Operated Sweeping Machine -- 1 Introduction -- 2 Design Process and Selection -- 2.1 Design Concepts -- 3 Design Modelling -- 4 Design Calculations and Analysis -- 5 Conclusion -- References -- Study on Silica Content of Peat Soil and Concrete Reinforced Aluminium AA7075 Chips by Cold Compaction Method: Hardness and Physical Properties -- 1 Introduction -- 2 Experimental Material and Procedure -- 2.1 Materials -- 2.2 Preparation of Samples -- 2.3 Analysis of Samples -- 3 Results and Discussion -- 3.1 Hardness -- 3.2 Physical Properties -- 4 Conclusions -- References -- Numerical Modeling of an Open-Flow PV/T Cooling Collector -- 1 Introduction -- 2 CFD Simulation of Open-flow Cooling Collector -- 3 Results and Discussion -- 4 Conclusions -- References -- Impact Strength of Bio-Fibrous Concrete -- 1 Introduction -- 2 Experimental Materials and Method -- 2.1 Aggregates and Cement -- 2.2 Microorganisms -- 2.3 Kenaf Fibre -- 2.4 Mix Proportion and Test Specimens -- 2.5 Impact Test -- 3 Results -- 3.1 Effect of W/C on Impact Strength -- 3.2 Effect of Kenaf Fibre on Impact Strength -- 4 Conclusions -- References -- Dynamic Analysis of Floating Offshore Wind Turbine Subjected to Combined Deepwater Environmental Loads -- 1 Introduction -- 2 Theoretical Background -- 2.1 Wave Spectrum -- 3 Methodology -- 3.1 Model Properties -- 4 Results and Discussions -- 4.1 SET 1: Extreme Condition Return Period (RP) -- 4.2 Data Collection -- 4.3 Data Analysis -- 5 Conclusions -- References -- Continuum Modelling of Carbon Nanotube Composites: A Review. 327 $a1 Introduction -- 2 The Continuum Modelling Approach -- 2.1 The Representative Volume Element -- 3 Modelling the Two-Phase CNT Composite -- 3.1 Predicting the Effective Properties -- 3.2 The Effect of CNT Characteristics -- 4 The Continuum Approach in Multiscale Modelling with interphase -- 4.1 The A-A-C model -- 4.2 The A-C-C Model -- 4.3 The C-C-C Model -- 5 The Mesoscale Modelling of CNT Composites -- 5.1 The Effect of CNT Randomness -- 5.2 The Effect of CNT Agglomerations -- 5.3 The Stochastic Modelling of CNT Composites -- 5.4 The Multiscale Modelling with Fuzzy CNT-Matrix -- 6 Concluding Remarks and Future Perspectives -- References -- Investigation of Interfacial Behavior of SN100C and SN97C Solders with HASL Surface Finish Using Microwave Energy -- 1 Introduction -- 2 Materials and Method -- 3 Results and Discussion -- 3.1 Intermetallic Compound Formation -- 3.2 Solderability Analysis -- 4 Conclusion -- References -- Potential Utilization of Acetylene as an Alternative Fuel in Petrol Engine -- 1 Introduction -- 1.1 Sequence of Production -- 2 Materials and Methods -- 2.1 Calcium Carbonate -- 2.2 Calcium Oxide -- 2.3 Acetylene Production -- 2.4 Internal Combustion (IC) Engine -- 3 Results and Discussions -- 3.1 Production Reaction -- 3.2 Characterization of the Acetylene Gas -- 4 Conclusion -- References -- Development of a Filter-Based Fruit Preservation System via Refrigerating System -- 1 Introduction -- 1.1 Ethylene and Ethylene Control -- 1.2 Ethylene Measurement -- 1.3 Ethylene Removal - Ventilation with Air -- 2 Methodology -- 2.1 Design Specifications -- 2.2 Material Selection -- 2.3 Cooling Load Calculations -- 3 Results and Discussions -- 3.1 Transmission Load -- 3.2 Air Infiltration Load -- 3.3 Product Load -- 3.4 Heat of Respiration -- 3.5 Safety Factor -- 3.6 Performance Evaluation of the Developed Fresh Fruit Preservation System. 327 $a3.7 Physiological Weight Loss of Fruits -- 3.8 Percentage Weight Loss -- 4 Conclusion -- References -- Agro-Based Nano Coolant for Car Engines: Synthesis and Evaluation -- 1 Introduction -- 2 Materials and Methods -- 2.1 Materials -- 2.2 Equipment -- 2.3 Experimental Procedure: Nanoparticle Preparation -- 2.4 Characterization of RHA and SiO2 Nanoparticles -- 2.5 Cooling Fluid Preparation -- 2.6 Construction of an Experimental Rig -- 3 Results and Discussions -- 3.1 Spectroscopic Testing -- 3.2 Microstructural Testing -- 3.3 Pour Point -- 3.4 Flash Point -- 3.5 Viscosity Test -- References -- Developing a Finite Element Model for Analysing Dissimilar Friction Stir Welding (FSW) of Al/Mg Alloys -- 1 Introduction -- 2 Methodology -- 2.1 Friction Model -- 2.2 Numerical Model Description -- 3 Results and Discussion -- References -- Vortex Induced Vibration of Free Span Pipeline - CFD Simulation -- 1 Introduction -- 2 Theoretical Background -- 2.1 Overview of Pipeline Diameter -- 3 Project Methodology -- 3.1 CFD Simulation -- 4 Results and Discussions -- 4.1 Effects of Pipe Diameter -- 4.2 Effects of Span Length on VIV -- 5 Conclusions -- References -- Material Flow and Temperatures Prediction in Friction Stir Extrusion Process Using Smoothed Particle Hydrodynamics -- 1 Introduction -- 2 Methodology -- 2.1 Geometry -- 2.2 Material and Material Model -- 2.3 Mesh, Contact, and Boundary Conditions -- 3 Results and Discussion -- 4 Conclusions -- References -- Comparative Study of an Evacuated Tube with a Copper Heat Tube and a New Receiver for Air Heating by a Parabolic Trough Collector -- 1 Introduction -- 2 Experimental Setup -- 2.1 Modification Made in the Evacuated Tube Receiver (case 1) -- 2.2 Straight Hierarchical Square Receiver Design (Case 2) -- 3 Thermal Performance Analysis of PTAC -- 4 Experimental Results and Discussion -- 5 Conclusions. 327 $aReferences. 330 $aThis book highlights the recent research works on mechanical, manufacturing and plant engineering presented during the 8th International Conference on Mechanical, Manufacturing and Plant Engineering (ICMMPE 2022) held on November 24, 2022 in Kuala Lumpur, Malaysia. It highlights the latest advances in the emerging areas, brings together researchers and professionals in the field and provides a valuable platform for exchanging ideas and fostering collaboration. Addressing real-world problems concerning joining technologies that are at the heart of various manufacturing sectors, the respective papers present the outcomes of the latest experimental and numerical work on problems in soldering, arc welding and solid-state joining technologies. 410 0$aProceedings in Technology Transfer,$x2948-233X 606 $aIndustrial engineering 606 $aProduction engineering 606 $aMaterials science 606 $aIndustrial and Production Engineering 606 $aMaterials Science 615 0$aIndustrial engineering. 615 0$aProduction engineering. 615 0$aMaterials science. 615 14$aIndustrial and Production Engineering. 615 24$aMaterials Science. 676 $a605 702 $aAwang$b Mokhtar 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910760284303321 996 $aAdvances in material science and engineering$92819214 997 $aUNINA