Financial risk management for institutional investors has recently grown in scope to include long-term sustainability considerations and climate change risk concerns. This book shows how a national central bank in the Eurosystem has adapted its financial risk management principles and practices against the background of non-conventional monetary policy measures and following the introduction of sustainability criteria, with a special role for carbon-neutrality. The topics covered include a market-based approach to evaluating credit risk, the development of an independent credit rating system, and the properties and limitations of agencies’ sovereign ratings. Furthermore, the book analyzes the integration of sustainability principles into strategic asset allocation and describes the use of machine learning techniques for discerning the role of the E, S and G variables in equity returns. The authors also discuss the growth of the global green bond market and the greenium, as well as the sustainability indicators for large portfolios of corporate and government securities. Given its scope, the book will appeal to all professionals working in the field who would like to know the state-of-the-art in these areas.

The theory of thermoelasticity studies the interaction between thermal and mechan ical fields in elastic bodies. This theory is of interest both for the mathematical and technical point of view. Intense interest has been shown recently in this field owing to the great practical importance of dynamical effects in aeronautics, nu clear reactors, and its potential importance in cryogenic applications. This work is concerned mainly with basic problems of the theory of thermoelasticity. Ther moelasticity of polar materials and the theories of thermoelasticity with finite wave speeds are not considered here. The reader interested in these subjects will find a full account in the works of Nowacki [280], Chandrasekharaiah [60] and Ignaczak [195]. Our purpose in this work is to present a systematic treatment of some results established in the theory of thermoelasticity. On the whole, the subject matter is directed towards recent developments. Chapter 1 is concerned mainly with the development of the fundamental equa tions of the theory of thermoelasticity. The kinematics and primitive concepts associated with the basic principles are developed and emphasized only to the ex tent that they are needed in our treatment of the subject. Chapter 2 is devoted to a study of linear thermoelastic deformations for prestressed bodies. We have at tempted to isolate those conceptual and mathematical difficulties which arise over and above those inherent in the problems concerned with unstressed bodies.

Equations of Mathematical Diffraction Theory focuses on the comparative analysis and development of efficient analytical methods for solving equations of mathematical diffraction theory. Following an overview of some general properties of integral and differential operators in the context of the linear theory of diffraction processes, the authors provide estimates of the operator norms for various ranges of the wave number variation, and then examine the spectral properties of these operators. They also present a new analytical method for constructing asymptotic solutions of boundary integral equations in mathematical diffraction theory for the high-frequency case. Clearly demonstrating the close connection between heuristic and rigorous methods in mathematical diffraction theory, this valuable book provides you with the differential and integral equations that can easily be used in practical applications.

The theory of thermoelasticity studies the interaction between thermal and mechan ical fields in elastic bodies. This theory is of interest both for the mathematical and technical point of view. Intense interest has been shown recently in this field owing to the great practical importance of dynamical effects in aeronautics, nu clear reactors, and its potential importance in cryogenic applications. This work is concerned mainly with basic problems of the theory of thermoelasticity. Ther moelasticity of polar materials and the theories of thermoelasticity with finite wave speeds are not considered here. The reader interested in these subjects will find a full account in the works of Nowacki [280], Chandrasekharaiah [60] and Ignaczak [195]. Our purpose in this work is to present a systematic treatment of some results established in the theory of thermoelasticity. On the whole, the subject matter is directed towards recent developments. Chapter 1 is concerned mainly with the development of the fundamental equa tions of the theory of thermoelasticity. The kinematics and primitive concepts associated with the basic principles are developed and emphasized only to the ex tent that they are needed in our treatment of the subject. Chapter 2 is devoted to a study of linear thermoelastic deformations for prestressed bodies. We have at tempted to isolate those conceptual and mathematical difficulties which arise over and above those inherent in the problems concerned with unstressed bodies.

Equations of Mathematical Diffraction Theory focuses on the comparative analysis and development of efficient analytical methods for solving equations of mathematical diffraction theory. Following an overview of some general properties of integral and differential operators in the context of the linear theory of diffraction processes, the authors provide estimates of the operator norms for various ranges of the wave number variation, and then examine the spectral properties of these operators. They also present a new analytical method for constructing asymptotic solutions of boundary integral equations in mathematical diffraction theory for the high-frequency case.
Clearly demonstrating the close connection between heuristic and rigorous methods in mathematical diffraction theory, this valuable book provides you with the differential and integral equations that can easily be used in practical applications.