Showing 1 - 10 of 17
This paper uses a general equilibrium model to assess the effects of liberalising trade in telecommunications and financial services for 19 regions of the world. Results suggest that economies gain from removing barriers to the establishment of new operations (domestic or foreign), and by...
Persistent link: https://www.econbiz.de/10005556171
The classical Quadratic Programming (QP) formulation of the well-known portfolio selection problem has traditionally been regarded as cumbersome and time consuming. This paper formulates two additional models, (i) maximin, and (ii) minimization of mean absolute deviation. Data from 67 securities...
Persistent link: https://www.econbiz.de/10005134772
In practice, all option strategies are decided in advance, given the investor’s belief of the stock price. In this paper, instead of deciding in advance the most appropriate hedging option strategy, an LP problem is formulated, by considering all significant Greek parameters of the...
Persistent link: https://www.econbiz.de/10005134778
The Commission was asked in February 2001 to review the Superannuation Industry (Supervision) Act and certain other superannuation legislation. Superannuation savings are growing rapidly and now amount to more than $500 billion. Most of the workforce is covered by superannuation. The community...
Persistent link: https://www.econbiz.de/10005134812
It is possible to study companies according to their methods of gaining access to finance, and in particular the stock …
Persistent link: https://www.econbiz.de/10005134889
Persistent link: https://www.econbiz.de/10005134945
Review of 'The End of Poverty' by Jeffrey Sachs
Persistent link: https://www.econbiz.de/10005407662
Cet essai traite de ce qu’on appelle habituellement les PME ( Petites et Moyennes entreprises, incluant donc les TPE, très petites entreprises). Mais il pose en préambule la question de la pertinence, d’un point de vue économique, de cette catégorie statistique, définie, par exemple,...
Persistent link: https://www.econbiz.de/10005408135
Le présent article se situe dans le prolongement d’un précédent travail exploratoire sur les régimes de financement et se réfère à l’économie des conventions. Cette problématique ne se prête que difficilement à l’observation dans la mesure où nombre des modalités y concourrant...
Persistent link: https://www.econbiz.de/10005413039
The paper measures economic loss from the problem of inadequate collateral in Bulgaria and proposes solutions consisting of creation of security interests, perfection, and enforcement.
Persistent link: https://www.econbiz.de/10005561596