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The Macroprudential Framework
This paper gauges if, and how, institutional arrangements are correlated with the use of macroprudential policy instruments. Using data from 39 countries, the paper evaluates policy response time in various types of institutional arrangements for macroprudential policy and finds that the macroprudential framework that gives the central bank an important role is associated with more timely use of macroprudential policy instruments. Policymakers may also tend to use macroprudential instruments more quickly if the ability to conduct monetary policy is somehow constrained. This finding points to the importance of coordination between macroprudential and monetary policy.
Systemic Risk Monitoring ("SysMo") Toolkit—A User Guide
There has recently been a proliferation of new quantitative tools as part of various initiatives to improve the monitoring of systemic risk. The "SysMo" project takes stock of the current toolkit used at the IMF for this purpose. It offers detailed and practical guidance on the use of current systemic risk monitoring tools on the basis of six key questions policymakers are likely to ask. It provides "how-to" guidance to select and interpret monitoring tools; a continuously updated inventory of key categories of tools ("Tools Binder"); and suggestions on how to operationalize systemic risk monitoring, including through a systemic risk "Dashboard." In doing so, the project cuts across various country-specific circumstances and makes a preliminary assessment of the adequacy and limitations of the current toolkit.
Control of Traffic Systems in Buildings
Transportation systems in buildings are part of everyday life: whether ferrying people twenty storeys up to the office or moving luggage at the airport, 21st-century society relies on them. This book presents the latest in analysis and control of transportation systems in buildings focusing primarily on elevator groups. The theory and design of passenger and cargo transport systems are covered, with operational examples and topics of special interest.
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Environmental Ergonomics - The Ergonomics of Human Comfort, Health, and Performance in the Thermal Environment
Environmental Ergonomics addresses the problems of maintaining human comfort, activity and health in stressful environments. Its subject areas include thermal environments, illumination, noise and hypo- and hyperbaric environments. The book concentrates fundamentally on the way the thermal environment has affected human comfort, health and performance from the age of cave-dwellings to our age of skyscrapers. This book contains only papers selected from the 10th ICEE held in Japan 23-27 September 2002. The ICEE has been held biannually since 1982, and has firmly established itself as the world's most distinguished conference in its field, offering the ideal forum for research scientists, medi...
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