We propose a set-indexed family of capacities on the classical Wiener space . This family interpolates between the Wiener measure () on and the standard capacity () on Wiener space. We then apply our capacities to characterize all quasi-sure lower functions in . In order to do this we derive the...

The literature on the development of global cities suggests that Hong Kong had qualified as a global city by the early 1990s. Using data from the Population Censuses, this paper documents the extent to which the process of social polarisation accompanied Hong Kong's globalisation. As predicted...

Both empirical and theoretical studies suggest that currency attacks can occur even in a fixed exchange rate regime with sound fundamentals. Can mechanisms be designed to prevent such currency attacks? To address this question, we first need a theory of currency crisis. I argue that such a...