The paper focuses on the interaction between the solvency probability of a banking firm and the diversification potential of its asset portfolio when determining optimal equity capital. The purpose of this paper is to incorporate value at risk (VaR) into the firm-theoretical model of a banking...

Einführung -- Risiko und Bank -- Risikoteilung und -transfer -- Value at Risk -- Hedging-Effektivität -- Futures und Lagerhaltung -- Risiko und Controlling -- Controlling und Risikoaversion -- Risikopolitik mit Optionen -- Dynamisches Hedging -- Konjunktur und Risikomärkte -- Währungsauswahl...

This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed...