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applications of wavelets in economics and finance. This book is the first to provide a comprehensive application of wavelet … analysis to financial markets, covering new frontier issues in empirical finance and economics. The first chapter of this … post-graduates in a variety of disciplines ¡ª applied economics, financial engineering, international finance, financial …
Persistent link: https://www.econbiz.de/10011156367
Persistent link: https://www.econbiz.de/10011254941
Professor Lewis Evans presented The Required Rate of Return with Sunk Investments at the ISCR forum, The Cost of Capital for the Regulated Firm in August 2003. Two papers associated with this presentation are available for through these links: 'Risk, Price Regulation and Irreversible Investment'...
Persistent link: https://www.econbiz.de/10011199450
Unspanned stochastic volatility (USV) refers to the inability of bonds to replicate volatility-sensitive derivative securities. Affine term structure models require special restrictions on the parameters to exhibit USV. We use a joint Eurodollar futures and options data set to estimate affine...
Persistent link: https://www.econbiz.de/10009214334
The authors argue for reforms in the international financial system to deliver sufficient and sufficiently stable private and public flows, and to sustain more rapid growth and investment in developing countries. The paper begins with an analysis of the way in which international financial...
Persistent link: https://www.econbiz.de/10009277552
real economic variables) and hence finance and financial crises are not very important. This papers shows that this …, price rigidities, menu costs, and other frictions) makes money no longer necessarily neutral and hence makes finance and … economy level due to the division of labour also makes finance much more important than suggested by traditional economics. It …
Persistent link: https://www.econbiz.de/10010685349
perspectives: the new classical macroeconomics theory related to unemployment, a finance approach of the relationship with exchange …
Persistent link: https://www.econbiz.de/10010691692
For ten boom-powered years at the turn of the twenty-first century, some of America’s most prominent law and accounting firms created and marketed products that enabled the very rich--including newly minted dot-com millionaires--to avoid paying their fair share of taxes by claiming benefits...
Persistent link: https://www.econbiz.de/10010770390
Financial education could have substantial implications for individuals’ well-being, even if the overall effects on the macroeconomy are not large.
Persistent link: https://www.econbiz.de/10010724894
, international finance, and finance, and as a go-to reference for researchers in international economics, Exchange-Rate Dynamics …
Persistent link: https://www.econbiz.de/10010862618