The emergence of a new macro economy in Euro-Asia is a great challenge for academics and policy makers alike. Our book focuses on this macro economy and the monetary and fiscal policy responses. As the new environment has evolved over time, private behaviour as well as policy responses have changed. Policy makers as well as private agents had to learn the new environment. In our book we thus put heavy emphasis on uncertainty and learning. The first part of the book explores monetary policies allowing for uncertainty and time-varying behaviour of economic agents in markets, in particular in...

The primary objective of this research was to develop and test a pipe-section reactor to measure the decay rate of disinfectant at the pipe wall. The pipe-section reactor is more convenient than pipe loop reactors which require a large laboratory and large supply volume of water. It is also a more realistic representation of the pipe surface than provided in pipe coupon experiments or annular reactors. The effects of water velocity and corrosion rate can be investigated using a pipe-section reactor, while still affording the simplicity of laboratory-scale, batch reactor operation.The...