Derviz, Alexis (contributor) - 2004
those of the ECB.
2 Czech National Bank, Monetary and Statistics Dept., Na Prikope 28, CZ-115 03 Praha 1, Czech Republic …, Czech Republic, e-mail: aderviz@utia.cas.cz.
This paper can be downloaded without charge from
http://www.ecb.int or from … and literature
review 8
2. The economy 10
2.1 Definitions 10
2.2 Investor’s optimization problem 12
2.3 No-arbitrage asset …