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Corporate yields and sovereign yields [PDF]
Abstract We document that positive association between corporate and sovereign cost of funds borrowed on global capital markets weakens during periods of unusually high sovereign yields, when some corporate borrowers are able to issue debt that is priced at lower rates than sovereign debt.
Bevilaqua, Julia +2 more
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We study a new data set of dividend futures with maturities up to ten years across three world regions: the US, Europe, and Japan. We use these asset prices to construct equity yields, analogous to bond yields. We decompose the equity yields to obtain a term structure of expected dividend growth rates and a term structure of risk premia, which ...
van Binsbergen, Jules +3 more
openaire +3 more sources
Stable Isotopes Reveal Climate Signal Hidden in Tree Rings of Endemic Balkan Pines
Studies report the good potential of Pinus heldreichii (PIHE) and Pinus peuce (PIPE) for developing long chronologies from living trees and warn that the climate signal is weak in tree-ring widths of PIHE, and particularly PIPE.
Tom Levanič +2 more
doaj +1 more source
Flowering is central to the transformation of plants from vegetative growth to reproductive growth. The circadian clock system enables plants to sense the changes in the external environment and to modify the growth and development process at an ...
Yongzhen Wu +17 more
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Forestry projections for species diversity-oriented management: an example from Central Europe
Introduction Changes in socio-economy and climate are affecting the demand of wood products globally. At the same time, society requires that forest supporting structures like biodiversity are maintained and preserved while the demand for wood products ...
Astor Toraño Caicoya +4 more
doaj +1 more source
Background Recent projections expect that Vietnam will be affected most severely by climate change with higher temperatures, more precipitation and rising sea levels.
Astrid Moser-Reischl +6 more
doaj +1 more source
Spatial and temporal changes of outdoor thermal stress: influence of urban land cover types
Green infrastructure (GI) has emerged as a feasible strategy for promoting adaptive capacities of cities to climate change by alleviating urban heat island (UHI) and thus heat stress for humans. However, GI can also intensify the winter cold stress.
Mohammad A. Rahman +8 more
doaj +1 more source
Background Climate change triggered many studies showing that trends and events of environmental conditions can reduce but also accelerate growth at the stand and individual tree level.
Hans Pretzsch +2 more
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Stem analysis program (GOAP) for evaluating of increment and growth data at individual tree
Stem analysis is a method evaluating in a detailed way data of increment and growth of individual tree at the past periods and widely used in various forestry disciplines.
Gafura Aylak Özdemir, Emrah Özdemir
doaj +1 more source
Utilising forest inventory data for biodiversity assessment
Currently the paradigm of sustainable forest management is extended to a broad range of ecological, economic, and social forest functions and services. In particular, biodiversity becomes a more and more important issue in the forest planning processes ...
Michael Heym +5 more
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