Three Essays in Monetary Theory

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Publisher : BoD – Books on Demand
ISBN 13 : 2810602212
Total Pages : 188 pages
Book Rating : 4.8/5 (16 download)

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Book Synopsis Three Essays in Monetary Theory by : Ludwig Van den Hauwe

Download or read book Three Essays in Monetary Theory written by Ludwig Van den Hauwe and published by BoD – Books on Demand. This book was released on 2009 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent events in international financial markets have revived the scientific interest in conceivable institutional alternatives to prevailing monetary arrangements. In the essays reprinted in this book, the author critically examines some of the more influential arguments which have been made in favour of decentralization in banking.

Three Essays on Bank Passivity and Bargaining

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Publisher :
ISBN 13 :
Total Pages : 340 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Three Essays on Bank Passivity and Bargaining by : Junghee Park

Download or read book Three Essays on Bank Passivity and Bargaining written by Junghee Park and published by . This book was released on 2004 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Three Essays in International Finance

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Publisher : Stanford University
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Three Essays in International Finance by : Byong-Ju Lee

Download or read book Three Essays in International Finance written by Byong-Ju Lee and published by Stanford University. This book was released on 2011 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis consists of three essays on international finance. The first essay is "Exchange rates and Fundamentals". A new open interest rate parity condition that takes account of economic fundamentals is developed from stochastic discount factors (SDFs) of two countries. Through this parity condition, business cycles or fundamentals are linked to exchange rates. Key empirical findings from this parity condition are as follows. First, this model beats the random walk hypothesis: economic fundamentals explain exchange rate movements for high interest rate currencies. Exchange rates of low interest rate currencies act like a random walk because they are less correlated with fundamentals owing to their low risk. For example, U.S. business cycles explain the direction of changes in exchange rates against the dollar. The same thing is true for Japan. Second, this model resolves the forward premium puzzle: the forward premium puzzle is not a general characteristic as regarded in previous studies. It happens when the risk awareness of investors is low, during economic expansions and for low risk currencies. The second essay is "Carry Trade and Global Financial Instability". Carry trade, an opportunistic investment strategy that takes advantage of interest rate differential across countries, is identified the cause of the large-scale depreciations of peripheral currencies in the later half of 2008. A simultaneous equations model, which is derived from a conceptual partial equilibrium model for a local foreign exchange market, is estimated from a cross-sectional sample. The results suggest that the larger appreciation of the yen than the dollar was brought about by a lack of the local supply of the yen rather than a more severe crunch of yen credits. The third essay is "The Economic Origin of Letters of Credit". This essay discusses the economic origin of letters of credit, an instrument widely used in international trade. A game theoretical analysis shows that letters of credit improve efficiency in trade settlements, increasing returns in trade. A few notable facts on letters of credit are discussed. First, the new institution is adopted by merchant banks to maximize their profits and in the process, an improvement in efficiency of international transactions is obtained. Second, the organization established by the legacy institution, bills of exchange, played a critical role in adopting the new institution. Third, the legal enforcement is not essential in this economic institution. Finally, two drivers are identified that improve efficiency of transactions: concentration and projection.

Three Essays on Bank Risks

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Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Three Essays on Bank Risks by : Jian Hu

Download or read book Three Essays on Bank Risks written by Jian Hu and published by . This book was released on 1999 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Dissertation Abstracts International

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Publisher :
ISBN 13 :
Total Pages : 734 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Dissertation Abstracts International by :

Download or read book Dissertation Abstracts International written by and published by . This book was released on 2008 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Selected Works of Joseph E. Stiglitz

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Publisher : Oxford University Press
ISBN 13 : 0199533717
Total Pages : 904 pages
Book Rating : 4.1/5 (995 download)

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Book Synopsis Selected Works of Joseph E. Stiglitz by : Joseph E. Stiglitz

Download or read book Selected Works of Joseph E. Stiglitz written by Joseph E. Stiglitz and published by Oxford University Press. This book was released on 2009 with total page 904 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second in a series of six volumes containing a selection of Joseph Stiglitz's most important and widely cited work. Volume I set out the basic concepts underlying the economics of information. Volume II extends these concepts and applies them to a number of different settings in labour, capital, and product markets

Three Essays in Financial Liberalization

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Publisher :
ISBN 13 :
Total Pages : 346 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis Three Essays in Financial Liberalization by : Ira Krasteva Petrova

Download or read book Three Essays in Financial Liberalization written by Ira Krasteva Petrova and published by . This book was released on 2004 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:

American Doctoral Dissertations

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Publisher :
ISBN 13 :
Total Pages : 776 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis American Doctoral Dissertations by :

Download or read book American Doctoral Dissertations written by and published by . This book was released on 2002 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Journal of Economic Literature

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Publisher :
ISBN 13 :
Total Pages : 398 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Journal of Economic Literature by :

Download or read book Journal of Economic Literature written by and published by . This book was released on 2007 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Role of Credit Rating Agencies in the Structured Finance Market

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Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The Role of Credit Rating Agencies in the Structured Finance Market by : United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises

Download or read book The Role of Credit Rating Agencies in the Structured Finance Market written by United States. Congress. House. Committee on Financial Services. Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises and published by . This book was released on 2008 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Efficient pricing algorithms for exotic derivatives

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Publisher : Rozenberg Publishers
ISBN 13 : 9051709099
Total Pages : 211 pages
Book Rating : 4.0/5 (517 download)

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Book Synopsis Efficient pricing algorithms for exotic derivatives by : Roger Lord

Download or read book Efficient pricing algorithms for exotic derivatives written by Roger Lord and published by Rozenberg Publishers. This book was released on 2008 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Money, Banking and Financial Markets in Central and Eastern Europe

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Publisher : Springer
ISBN 13 : 0230302211
Total Pages : 299 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis Money, Banking and Financial Markets in Central and Eastern Europe by : R. Matousek

Download or read book Money, Banking and Financial Markets in Central and Eastern Europe written by R. Matousek and published by Springer. This book was released on 2015-12-04 with total page 299 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a deep insight into the market changes and policy challenges that transition economies have undergone in the last twenty years. It not only comments on and evaluates the development of financial markets in transition economies, but also highlights the key obstacles to full integration of financial markets into the EU market.

Essays on the Great Depression

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Publisher : Princeton University Press
ISBN 13 : 1400820278
Total Pages : 321 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Essays on the Great Depression by : Ben S. Bernanke

Download or read book Essays on the Great Depression written by Ben S. Bernanke and published by Princeton University Press. This book was released on 2009-01-10 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the Nobel Prize–winning economist and former chair of the U.S. Federal Reserve, a landmark book that provides vital lessons for understanding financial crises and their sometimes-catastrophic economic effects As chair of the U.S. Federal Reserve during the Global Financial Crisis, Ben Bernanke helped avert a greater financial disaster than the Great Depression. And he did so by drawing directly on what he had learned from years of studying the causes of the economic catastrophe of the 1930s—work for which he was later awarded the Nobel Prize. This influential work is collected in Essays on the Great Depression, an important account of the origins of the Depression and the economic lessons it teaches.

Three Essays on Central Banking and Credit Policy in Mexico

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Publisher :
ISBN 13 :
Total Pages : 194 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Three Essays on Central Banking and Credit Policy in Mexico by : Armando Perez-Gea

Download or read book Three Essays on Central Banking and Credit Policy in Mexico written by Armando Perez-Gea and published by . This book was released on 1993 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Foreign Aid and Development

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Publisher : Psychology Press
ISBN 13 : 9780415215466
Total Pages : 522 pages
Book Rating : 4.2/5 (154 download)

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Book Synopsis Foreign Aid and Development by : Finn Tarp

Download or read book Foreign Aid and Development written by Finn Tarp and published by Psychology Press. This book was released on 2000 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt: Aid has worked in the past but can be made to work better in the future. This book offers important new research and will appeal to those working in economics, politics and development studies as well as to governmental and aid professionals.

The Caravan Book of Profiles

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Publisher : Random House India
ISBN 13 : 9352140494
Total Pages : 464 pages
Book Rating : 4.3/5 (521 download)

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Book Synopsis The Caravan Book of Profiles by : Supriya Nair

Download or read book The Caravan Book of Profiles written by Supriya Nair and published by Random House India. This book was released on 2017-01-11 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether it is getting the scoop on insider influence or anointing game changers, Caravan has made a place for itself in the minds of readers in India and beyond, winning countless awards and accolades and showcasing the finest writers and thinkers in long-form journalism. Twelve definitive profiles of our agents of change are presented in this volume, with new insight from their authors on their place in contemporary Indian history: Praveen Donthi on finance minister Arun Jaitley; Leena Reghunath on Swami Aseemanand; Krishn Kaushik on former Attorney-General Goolam Vahanvati; Mira Sethi on Pakistan Prime Minister Nawaz Sharif; Deepak Adhikari on Nepal Prime Minister Prachanda; Mark Bergen on Raghuram Rajan; Samanth Subramanian on Sameer Jain; Mehboob Jeelani on Ponty Chadha; Rahul Bhatia on N. Srinivasan; T.M. Krishna on musician M.S. Subbulakshmi; Ali Sethi on Farida Khanum; Baradwaj Rangan on Vikram; and Vinod K. Jose on Prime Minister Manmohan Singh. In this invaluable collection, the pioneering journal presents a valuable and far-reaching record of our times for readers, citizens and students of journalism alike.

Transforming the U.S. Financial System: An Equitable and Efficient Structure for the 21st Century

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Publisher : Routledge
ISBN 13 : 131548451X
Total Pages : 453 pages
Book Rating : 4.3/5 (154 download)

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Book Synopsis Transforming the U.S. Financial System: An Equitable and Efficient Structure for the 21st Century by : Gary Dymski

Download or read book Transforming the U.S. Financial System: An Equitable and Efficient Structure for the 21st Century written by Gary Dymski and published by Routledge. This book was released on 2016-09-16 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work challenges the conventional understanding of Hong Kong's political culture as one of indifference. It takes a historical look at political participation in the former colony and includes an in-depth analysis of 13 selected cases.