Brilliant Night of Incheon Enjoy the festivities and fall in love with the night of Incheon, more brilliant than the day!

“Bali, Engle, and Murray have produced a highly accessible introduction to the techniques and evidence of modern empirical asset pricing. This book should be read and absorbed by every serious student of the field, academic and professional.” Eugene Fama, Robert R. McCormick Distinguished Service Professor of Finance, University of Chicago and 2013 Nobel Laureate in Economic Sciences “The empirical analysis of the cross-section of stock returns is a monumental achievement of half a century of finance research. Both the established facts and the methods used to discover them have subtle complexities that can mislead casual observers and novice researchers. Bali, Engle, and Murray’s clear and careful guide to these issues provides a firm foundation for future discoveries.” John Campbell, Morton L. and Carole S. Olshan Professor of Economics, Harvard University “Bali, Engle, and Murray provide clear and accessible descriptions of many of the most important empirical techniques and results in asset pricing.” Kenneth R. French, Roth Family Distinguished Professor of Finance, Tuck School of Business, Dartmouth College “This exciting new book presents a thorough review of what we know about the cross-section of stock returns. Given its comprehensive nature, systematic approach, and easy-to-understand language, the book is a valuable resource for any introductory PhD class in empirical asset pricing.” Lubos Pastor, Charles P. McQuaid Professor of Finance, University of Chicago Empirical Asset Pricing: The Cross Section of Stock Returns is a comprehensive overview of the most important findings of empirical asset pricing research. The book begins with thorough expositions of the most prevalent econometric techniques with in-depth discussions of the implementation and interpretation of results illustrated through detailed examples. The second half of the book applies these techniques to demonstrate the most salient patterns observed in stock returns. The phenomena documented form the basis for a range of investment strategies as well as the foundations of contemporary empirical asset pricing research. Empirical Asset Pricing: The Cross Section of Stock Returns also includes: Discussions on the driving forces behind the patterns observed in the stock market An extensive set of results that serve as a reference for practitioners and academics alike Numerous references to both contemporary and foundational research articles Empirical Asset Pricing: The Cross Section of Stock Returns is an ideal textbook for graduate-level courses in asset pricing and portfolio management. The book is also an indispensable reference for researchers and practitioners in finance and economics. Turan G. Bali, PhD, is the Robert Parker Chair Professor of Finance in the McDonough School of Business at Georgetown University. The recipient of the 2014 Jack Treynor prize, he is the coauthor of Mathematical Methods for Finance: Tools for Asset and Risk Management, also published by Wiley. Robert F. Engle, PhD, is the Michael Armellino Professor of Finance in the Stern School of Business at New York University. He is the 2003 Nobel Laureate in Economic Sciences, Director of the New York University Stern Volatility Institute, and co-founding President of the Society for Financial Econometrics. Scott Murray, PhD, is an Assistant Professor in the Department of Finance in the J. Mack Robinson College of Business at Georgia State University. He is the recipient of the 2014 Jack Treynor prize.

This book explores the relationships between ancient Roman and Confucian thought, paying particular attention to their relevance for the contemporary world. More than 10 scholars from all around the world offer thereby a reference work for the comparative research between Roman (and early Greek) and Eastern thought, setting new trends in the panorama of Classical and Comparative Studies.

In Asia, there are a growing number of gigantic megacities, accompanied by a series of speculative and extravagant megaprojects. Amid the fast-paced urban and development challenges, many Asian governments have been searching for replicable and inspirational cases in Asia. South Korea and its capital city, Seoul, are among frequently referenced models. However, South Korea’s "economic miracle" in the late twentieth century has been mostly studied through an economic policy lens. This book revisits the development of South Korea by looking at its urban dimension and exploring the city of Seoul as a developmental megaproject. Offering an alternative to the focus on economic policies when it comes to explaining South Korea’s development successes, Joo looks at the urbanization that took place under the guidance of the strong developmental state. She provides empirical evidence of the "property state" at work, both complementing and supporting the developmental state. She also analyzes why and how Seoul was able to emerge as an important Asian global city and a global front-runner in terms of ambitious and pioneering urban investments, despite its relatively recent history marked by massive slums and urban poverty. This book provides an analytical framework for studying South Korea’s modern development under capitalism as a precursor to East Asian urbanism and development. It paints a comprehensive story of how cities have been politically and economically important to Korea’s development experience and are increasingly becoming a new mode of development.

At a time when Asia is rapidly growing in global influence, this much-needed and insightful book bridges two major current policy topics in order to offer a unique study of the latest smart city archetypes emerging throughout Asia. Highlighting the smart city aspirations of Asian countries and their role in Asian governments’ new development strategies, this book draws out timely narratives and insights from a uniquely Asian context and policymaking space.

Increasing global consumerism and population has led to an increase in the levels of waste produced. Waste to energy (WTE) conversion technologies can be employed to convert residual wastes into clean energy, rather than sending these wastes directly to landfill. Waste to energy conversion technology explores the systems, technology and impacts of waste to energy conversion.Part one provides an introduction to WTE conversion and reviews the waste hierarchy and WTE systems options along with the corresponding environmental, regulatory and techno-economic issues facing this technology. Part two goes on to explore further specific aspects of WTE systems, engineering and technology and includes chapters on municipal solid waste (MSW) combustion plants and WTE systems for district heating. Finally, part three highlights pollution control systems for waste to energy technologies.Waste to energy conversion technology is a standard reference book for plant managers, building engineers and consultants requiring an understanding of WTE technologies, and researchers, scientists and academics interested in the field. - Reviews the waste hierarchy and waste to energy systems options along with the environmental and social impact of WTE conversion plants - Explores the engineering and technology behind WTE systems including considerations of municipal solid waste (MSW) its treatment, combustion and gasification - Considers pollution control systems for WTE technologies including the transformation of wast combustion facilities from major polluters to pollution sinks

This book provides an accessible and comprehensive tutorial on the key enabling technologies for 5G and beyond, covering both the fundamentals and the state-of-the-art 5G standards. The book begins with a historical overview of the evolution of cellular technologies and addresses the questions on why 5G and what is 5G. Following this, six tutorial chapters describe the fundamental technology components for 5G and beyond. These include modern advancements in channel coding, multiple access, massive multiple-input and multiple-output (MIMO), network densification, unmanned aerial vehicle enabled cellular networks, and 6G wireless systems. The second part of this book consists of five chapters that introduce the basics of 5G New Radio (NR) standards developed by 3GPP. These include 5G architecture, protocols, and physical layer aspects. The third part of this book provides an overview of the key 5G NR evolution directions. These directions include ultra-reliable low-latency communication (URLLC) enhancements, operation in unlicensed spectrum, positioning, integrated access and backhaul, air-to-ground communication, and non-terrestrial networks with satellite communication.

The first English-language history of Korea to appear in more than a decade, this translation offers Western readers a distillation of the latest and best scholarship on Korean history and culture from the earliest times to the student revolution of 1960. The most widely read and respected general history, A New History of Korea (Han’guksa sillon) was first published in 1961 and has undergone two major revisions and updatings. Translated twice into Japanese and currently being translated into Chinese as well, Ki-baik Lee’s work presents a new periodization of his country’s history, based on a fresh analysis of the changing composition of the leadership elite. The book is noteworthy, too, for its full and integrated discussion of major currents in Korea’s cultural history. The translation, three years in preparation, has been done by specialists in the field.

This book provides an up-to-date presentation of a broad range of contemporary problems in inverse scattering involving acoustic, elastic and electromagnetic waves. Descriptions will be given of traditional (but still in use and subject to on-going improvements) and more recent methods for identifying either: a) the homogenized material parameters of (spatially) unbounded or bounded heterogeneous media, or b) the detailed composition (spatial distribution of the material parameters) of unbounded or bounded heterogeneous media, or c) the location, shape, orientation and material characteristics of an object embedded in a wellcharacterized homogeneous, homogenized or heterogeneous unbounded or bounded medium, by inversion of reflected, transmitted or scattered spatiotemporal recorded waveforms resulting from the propagation of probe radiation within the medium.

Infrastructure—electricity, telecommunications, roads, water, and sanitation—are central to people’s lives. Without it, they cannot make a living, stay healthy, and maintain a good quality of life. Access to basic infrastructure is also a key driver of economic development. This report lays out a framework for understanding infrastructure resilience - the ability of infrastructure systems to function and meet users’ needs during and after a natural hazard. It focuses on four infrastructure systems that are essential to economic activity and people’s well-being: power systems, including the generation, transmission, and distribution of electricity; water and sanitation—especially water utilities; transport systems—multiple modes such as road, rail, waterway, and airports, and multiple scales, including urban transit and rural access; and telecommunications, including telephone and Internet connections.