Search results for " EAS"
showing 10 items of 328 documents
The impact of quantitative easing on UK bank lending: Why banks do not lend to businesses?
2021
Abstract The growing proportion of UK bank lending to the financial sector reached a peak in 2007 just before the onset of the Global Financial Crisis (GFC). This marks a trend in the dwindling amount of bank lending to private sector non-financial corporations (PNFCs), which was exacerbated with the Great Recession. Many central banks aimed to revive bank lending with quantitative easing (QE) and unconventional monetary policy. We propose an agent based computational economics (ACE) model which combines the main factors in the economic environment of QE and Basel regulatory framework to analyse why UK banks do not prioritize lending to non-financial businesses. The lower bond yields caused…
Economic Support during the COVID Crisis. Quantitative Easing and Lending Support Schemes in the UK
2021
Abstract We investigate how UK bank business lending responded to the simultaneous use of quantitative easing, leverage ratio capital requirements, and government COVID lending support schemes. We find no evidence that the Brexit wave increased lending to nonfinancial businesses, compared to the previous waves, except for QE-banks subject to the UK leverage ratio, suggesting that the ratio incentivised QE-banks to lend to businesses. The government schemes helped expand lending especially to SMEs post the COVID wave, indicating that complementing QE with other credit easing programmes can reinforce its impact on lending to the real economy. During COVID-stress, changes to the UK leverage ra…
Seasonal Analysis of Surface Soil Moisture Dry-Downs in a Land-Atmosphere Hotspot as Seen by LSM and Satellite Products
2018
The soil drying process is a challenging framework to assess climatic, hydrologic and ecosystem processes. This work develops a seasonal analysis of temporal e-folding decay ( $\tau$ ) of surface soil moisture dry-downs using ORCHIDEE land surface model and SMOS observations over South Eastern South America (SESA). Results show that the soil drying process depends on both location and season, and that the modeled drying velocity is faster than the observed one, even when modeled data is sampled at the same frequency as the observations. Differences between observed and modeled data have been found both in the analysis of the regional overall $\tau$ and in the spatial patterns of $\tau$ esti…
On the occurrence of strong vertical wind shear in the tropopause region: a 10-year ERA5 northern hemispheric study
2021
A climatology of the occurrence of strong wind shear in the upper troposphere–lower stratosphere (UTLS) is presented, which gives rise to defining a tropopause shear layer (TSL). Strong wind shear in the tropopause region is of interest because it can generate turbulence, which can lead to cross-tropopause mixing. The analysis is based on 10 years of daily northern hemispheric ECMWF ERA5 reanalysis data. The vertical extent of the region analyzed is limited to the altitudes from 1.5 km above the surface up to 25 km, to exclude the planetary boundary layer as well as strong wind shear in higher atmospheric layers like the mesosphere–lower thermosphere. A threshold value of St2=4×10-4s-2 of t…
First shark record from the Upper Cretaceous of the Kuril Islands, Far East Russia
2020
Abstract The first find of a Late Cretaceous shark tooth, or of any cartilaginous fish for that matter, from the Kuril Islands in the Russian Far East is recorded as Carcharias sp. (Lamniformes, Carchariidae). The specimen originates from Maastrichtian strata on the island of Shikotan that are assigned to the Malokurilsk Formation. It constitutes an extremely rare find from rocks of this age in the northwest Pacific region. External and internal dental structures have been reconstructed by the use of computed tomography. The vasculature of this lamniform tooth is first modelled by CT scanning and shown under different angles, which allows an assessment of the spatial arrangement of hierarch…
Speleothems from the Middle East: An Example of Water Limited Environments in the SISAL Database
2019
The Middle East (ME) spans the transition between a temperate Mediterranean climate in the Levant to hyper-arid sub-tropical deserts in the southern part of the Arabian Peninsula (AP), with the complex alpine topography in the northeast feeding the Euphrates and Tigris rivers which support life in the Southeastern Fertile Crescent (FC). Climate projections predict severe drying in several parts of the ME in response to global warming, making it important to understand the controls of hydro-climate perturbations in the region. Here we discuss 23 ME speleothem stable oxygen isotope (δ18Occ) records from 16 sites from the SISAL_v1 database (Speleothem Isotope Synthesis and Analysis database), …
Frequent colonization and little in situ speciation in Senecio in the tropical alpine-like islands of eastern Africa.
2016
Premise of the study Floras of continental habitat islands, like those of islands, originate mostly through colonization, which can be followed by in situ speciation. We here address the question of the relative importance of colonization and in situ diversification in the high-altitude areas of the eastern African high mountains, the tropical Afroalpine Region, using the most species-rich genus in the region, Senecio, as an example. Methods We expanded earlier Senecioneae phylogenies by adding more tropical African species and analyzed our phylogenetic tree biogeographically. Key results Senecio contains at least five clades with tropical African species, all of them containing tropical af…
Do mosses really exhibit so large distribution ranges? Insights from the integrative taxonomic study of the Lewinskya affinis complex (Orthotrichacea…
2019
The strikingly lower number of bryophyte species, and in particular of endemic species, and their larger distribution ranges in comparison with angiosperms, have traditionally been interpreted in terms of their low diversification rates associated with a high long-distance dispersal capacity. This hypothesis is tested here with Lewinskya affinis (≡ Orthotrichum affine), a moss species widely spread across Europe, North and East Africa, southwestern Asia, and western North America. We tested competing taxonomic hypotheses derived from separate and combined analyses of multilocus sequence data, morphological characters, and geographical distributions. The best hypothesis, selected by a Bayes …
A Migratory Divide Among Red-Necked Phalaropes in the Western Palearctic Reveals Contrasting Migration and Wintering Movement Strategies
2019
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Elaboración de modelos de la distribución de la tórtola europea (Streptopelia turtur L. 1758) en el sureste de la península ibérica
2021
The European turtle dove population and breeding range has declined sharply in Spain. This study reanalyses data from the Atlas of Breeding Birds in Alicante (SE Spain), aiming to identify the main variables related to its occurrence and abundance. We used hierarchical partitioning analysis to identify important environmental variables associated with natural vegetation, farming, hydrological web, anthropic presence, climate, and topography. Analysis combining the most explicative variables of each group identified the mixture of pines and scrubland in the semiarid areas and the length of unpaved roads as the most important variables with a positive effect on occurrence, while herbaceous cr…