Financial Econometrics Modeling and Forecasting Natural Gas Prices Abstract In this project we will model and forecast the natural gas prices over the short-term through the development of the Error Correction Model (ECM). This is presented as the best predictive model among various alternatives. To build this model, we gathered the oil prices to analyze the impact of the changes in these prices on the changes in natural gas prices. The results of the forecasting exercise, carried out using
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the most important elements that make human life possible is water. Around the globe, everyday 780 million people still have to live without clean water and 2.5 billion people still do not have a toilet. In some the developing country regions, water crisis becomes bigger and bigger of a problem, due to the scarcity of water, and access to clean water. Even though water is a recyclable resource, only 2.53 percent of earth’s water is fresh. Therefore for due to lack of community effort, and technology
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period post 1965. The next decline in economic performance was due to oil shocks and currency devaluation prior to New Economic Policy of 1991. Apart from this the economic performance was affected by crises such as the Asian Financial Crisis and the global financial crisis of 2008. During the period of 1965-66, the economic performance deteriorated and there was a huge trade deficit. Subsequently there was currency devaluation to the extent of 56.75%. This was due to reasons like the war with Pakistan
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Thinking about social-development issues in adults always leads me down the road of men and their mid-life crisis. This article looks at how a difficult childhood could possibly be a cause for a mid-life crisis later in life. Three cases are examined to support the thesis of this study that an emotional deprived childhood is a contributing factor in a male mid-life crisis. In an emotional deprived childhood the child would develop a poor sense of self. This poor sense of self might be hidden
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CRISIS PLAN IMPLEMENTATION Once an organization has developed and approved the necessary crisis management and communication plans, we work with the client to properly brief and train all individuals responsible for implementing them. Besides, there is also a developing formal crisis management programs which helps managers and others prepare for unexpected high-impact events that threaten an organizations health and well -being. They also work to ensure that any infrastructure development
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THE ENERGY CRISIS IN PAKISTAN Submitted By GROUP 7 1. Abdul-Rehman (3702) 2. Rehan Hussain (3777) 3. Ubaid-ur-Rehman (3778) 4. Junaid Ghayoor Hussain (3780) 5. Muhammad Ansaar (3824) 6. Abdul Sami khan (3825) ABSTRACT Electricity Crisis in Pakistan is one of the severe challenges the country is facing today. Electricity is essential part of our daily life and its outage has severely affected the economy and overall
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ECONOMICS 3 Essay title critically analyse the causes of the global financial crisis in 2008. Consider how such a crisis can be avoided in future. Bibliographical entry: Krugman, P. (2009). The return of depression economics and the crisis of 2008. New York: W. W. Norton & Company, Inc. Summary Krugman shows how the failure of management made the USA and the world experience the serious economics crisis since the 1930s. He also analyses the reasons why that the world economy moved into
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Activity Guide 2012-13 Sub-Theme-VI Energy Planning and Modelling Page 85 Activity Guide 2012-13 Working Group of the sub-theme Prof. A. Srinivasan Mr. Jayanta Kr Sarma Dr. Lalit Sharma Sheeraz Kirmani Dr. Kishor Kumar Baruah Mr. Sandeep Bhattacharjee Page 86 Activity Guide 2012-13 Energy Planning and Modelling 1. Introduction Planning is a process for developing a system and approach to fulfil a predefined goal and objectives on the basis of assessing the present scenario. Planning is
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What is the definition of a crisis? According to dictionary.com a crisis would be a sequence of events at which the trend of all future events, especially for better or for worse, is determined; turning point (crisis, n.d.). A crisis can hit a company anytime and it does not discriminate because of size or notoriety. The best thing a company should have is a plan of action prepared in an advance, a crisis management plan. The Triad Group apparently did not have a crisis management plan in place as
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Assignment 1: Project Management Assessment Submitted by: Muhammad Naman Submitted to: Dr. Johnnie E. Drake, Jr. Submission Date: April 4, 2014 Course : EBM 680 Project Management ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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