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Investment returns are produced by combining financial assets with human capital, the decision-making protocols of … investment institutions, and the electronic infrastructure which supports the flow of information about investment opportunities … fundamental to the performance of investment institutions. This paper provides a model of the production of investment returns in …
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Frontmatter -- Contents -- Preface -- I. Financial Theory in the Scheme of Things -- II. Equilibrium Theory of … Financial Asset Prices: Theory, Application, Critique -- III. Decisions under Uncertainty: A Nondistributional Variable Approach …
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financial liberalization on domestic investment and savings, the current account balance and the real exchange rate, both when …
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