Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Dynamic Efficiency The Riskless Rate And Debt Ponzi Games Under Uncertainty
Download Dynamic Efficiency The Riskless Rate And Debt Ponzi Games Under Uncertainty full books in PDF, epub, and Kindle. Read online Dynamic Efficiency The Riskless Rate And Debt Ponzi Games Under Uncertainty ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Book Synopsis Handbook of Debt Management by : Gerald J. Miller
Download or read book Handbook of Debt Management written by Gerald J. Miller and published by Routledge. This book was released on 2017-07-05 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examining various methods of debt management used in the US., Handbook of Debt Management, provides a comprehensive analysis of securities offered for sale by municipalities, states, and the federal government. The book covers laws regarding municipal bonds, the economic choice between debt and taxes and the tax-exempt status of municipal bond owners, capital budgeting, including state and local government practices, developing governmental and intergovernmental debt policies, pay-as-you-go with debt financing for capital projects, US Internal Revenue Service regulations on arbitrage in state and local government debt proceeds investment, US treasury auctions, and more.
Book Synopsis Financial Economics, Risk And Information (2nd Edition) by : Marcelo Bianconi
Download or read book Financial Economics, Risk And Information (2nd Edition) written by Marcelo Bianconi and published by World Scientific Publishing Company. This book was released on 2011-11-29 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Economics, Risk and Information presents the fundamentals of finance in static and dynamic frameworks with focus on risk and information. The objective of this book is to introduce undergraduate and first-year graduate students to the methods and solutions of the main problems in finance theory relating to the economics of uncertainty and information. The main goal of the second edition is to make the materials more accessible to a wider audience of students and finance professionals. The focus is on developing a core body of theory that will provide the student with a solid intellectual foundation for more advanced topics and methods. The new edition has streamlined chapters and topics, with new sections on portfolio choice under alternative information structures. The starting point is the traditional mean-variance approach, followed by portfolio choice from first principles. The topics are extended to alternative market structures, alternative contractual arrangements and agency, dynamic stochastic general equilibrium in discrete and continuous time, attitudes towards risk and towards inter-temporal substitution in discrete and continuous time; and option pricing. In general, the book presents a balanced introduction to the use of stochastic methods in discrete and continuous time in the field of financial economics.
Book Synopsis Interest-Growth Differentials and Debt Limits in Advanced Economies by : Philip Barrett
Download or read book Interest-Growth Differentials and Debt Limits in Advanced Economies written by Philip Barrett and published by International Monetary Fund. This book was released on 2018-04-06 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do persistently low nominal interest rates mean that governments can safely borrow more? To addresses this question, I extend the model of Ghosh et al. [2013] to allow for persistent stochastic changes in nominal interest and growth rates. The key model parameter is the long-run difference between nominal interest and growth rates; if negative, maximum sustainable debts (debt limits) are unbounded. I show how both VAR- and spectral-based methods produce negative point estimates of this long-run differential, but cannot reject positive values at standard significance levels. I calibrate the model to the UK using positive but statistically plausible average interest-growth differentials. This produces debt limits which increase by only around 5% GDP as interest rates fall after 2008. In contrast, only a tiny change in the long-run average interest-growth differential – from the 95th to the 97.5th percentile of the distribution – is required to move average debt limits by the same amount.
Book Synopsis Handbook of Macroeconomics by : John B. Taylor
Download or read book Handbook of Macroeconomics written by John B. Taylor and published by Elsevier. This book was released on 1999-12-13 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part 6: Financial Markets and the Macroeconomy. 19. Asset prices, consumption, and the business cycle (J.Y. Campbell). 20. Human behavior and the efficiency of the financial system (R.J. Shiller). 21. The financial accelerator in a quantitative business cycle framework (B. Bernanke, M. Gertler and S. Gilchrist). Part 7: Monetary and Fiscal Policy. 22. Political economics and macroeconomic policy (T. Persson, G. Tabellini). 23. Issues in the design of monetary policy rules (B.T. McCallum). 24. Inflation stabilization and BOP crises in developing countries (G.A. Calvo, C.A. Vegh). 25. Government debt (D.W. Elmendorf, N.G. Mankiw). 26. Optimal fiscal and monetary policy (V.V. Chari, P.J. Kehoe).
Book Synopsis EBOOK: Advanced Macroeconomics by : ROMER
Download or read book EBOOK: Advanced Macroeconomics written by ROMER and published by McGraw Hill. This book was released on 2018-02-22 with total page 738 pages. Available in PDF, EPUB and Kindle. Book excerpt: EBOOK: Advanced Macroeconomics
Book Synopsis Fiscal Sustainability in Theory and Practice by : Craig Burnside
Download or read book Fiscal Sustainability in Theory and Practice written by Craig Burnside and published by World Bank Publications. This book was released on 2005 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Topics discussed in this publication include: an introduction to theoretical and practical aspects of fiscal sustainability; theoretical prerequisites for fiscal sustainability analysis; debt indicators in the measurement of vulnerability; cyclical adjustment of budget surplus; pro-cyclical fiscal policy using Mexico's fiscal accounts as a case study; fiscal rules and the experience of Chile; currency crises and models for deal with financing costs.
Book Synopsis New Challenges for Macroeconomic Policies by : Gilles Dufrénot
Download or read book New Challenges for Macroeconomic Policies written by Gilles Dufrénot and published by Springer Nature. This book was released on 2023-03-10 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the economic policies that will underpin the evolution of growth in industrialised economies in coming decades. The change in focus of policymakers away from short-term regulation and policies towards problems of structural change is discussed in relation to the Taylor rule and Fisher relationship. Both empirical observations and quantitative analyses are utilised to explore diverse but interrelating topics, including interest rates dynamics, macroeconomic equilibrium, economic vulnerability, poverty and inequality, environmental sustainability, and monetary and fiscal policies. This book aims to propose policies that can produce economic growth without compromising social stability and environmental balances. It will be of interest to researchers and policymakers working within economic development and policy.
Book Synopsis Open Market Operations and Financial Markets by : David Mayes
Download or read book Open Market Operations and Financial Markets written by David Mayes and published by Routledge. This book was released on 2007-05-24 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using both academic and practitioner research, this is the most detailed book available that provides an account of open market operations, including discussions of central bank operations in Europe, North America, Australia and Japan.
Book Synopsis Limits Of Mathematical Modeling In The Social Sciences, The: The Significance Of Godel's Incompleteness Phenomenon by : Francisco Antonio Doria
Download or read book Limits Of Mathematical Modeling In The Social Sciences, The: The Significance Of Godel's Incompleteness Phenomenon written by Francisco Antonio Doria and published by World Scientific. This book was released on 2017-05-30 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Current mathematical models are notoriously unreliable in describing the time evolution of unexpected social phenomena, from financial crashes to revolution. Can such events be forecast? Can we compute probabilities about them? Can we model them? This book investigates and attempts to answer these questions through Gödel's two incompleteness theorems, and in doing so demonstrates how influential Gödel is in modern logical and mathematical thinking. Many mathematical models are applied to economics and social theory, while Gödel's theorems are able to predict their limitations for more accurate analysis and understanding of national and international events.This unique discussion is written for graduate level mathematicians applying their research to the social sciences, including economics, social studies and philosophy, and also for formal logicians and philosophers of science.
Book Synopsis Who Pays and When? by : John Sturrock
Download or read book Who Pays and When? written by John Sturrock and published by . This book was released on 1995 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Public Finance in an Overlapping Generations Economy by : T. Ihori
Download or read book Public Finance in an Overlapping Generations Economy written by T. Ihori and published by Springer. This book was released on 1996-11-20 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a theoretically-based comprehensive analysis of macroeconomic consequences of fiscal policy using a popular economic model: the overlapping generations growth model. A wide range of essential public finance issues is analyzed, including the effects of tax reform on dynamic efficiency, positive and normative effects of public spending, considerations of taxes on fixed assets and monetary holdings, and sustainability of deficits. A unique approach is applied in the study of public finance: one expected to generate substantial interest among current graduate students and active researchers.
Book Synopsis Inequality and Poverty Re-Examined by : Stephen P. Jenkins
Download or read book Inequality and Poverty Re-Examined written by Stephen P. Jenkins and published by Oxford University Press, USA. This book was released on 2007-09-20 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: The issues surrounding poverty and inequality continue to be of central concern to academics, politicians and policymakers but the way in which we seek to analyse them continues to change. This volume provides a guide to some of the new approaches that have been developed, while also making a real contribution to the ongoing public debate.
Book Synopsis Financial Cryptography and Data Security. FC 2023 International Workshops by : Aleksander Essex
Download or read book Financial Cryptography and Data Security. FC 2023 International Workshops written by Aleksander Essex and published by Springer Nature. This book was released on 2023-12-04 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the revised selected papers from the workshops affiliated with the 27th International Conference on Financial Cryptography and Data Security, FC 2023, which took place in Bol, Brač, Croatia, in May 2023. The 7 full papers presented in this book were carefully reviewed and selected from 18 submissions. They stem from the following workshops:CoDecFin 2022: 3rd Workshop on Coordination of Decentralized Finance DeFi 2022: 2nd Workshop on Decentralized FinanceVoting 2022: 7th Workshop on Advances in Secure Electronic VotingWTSC 2022: 6th Workshop on Trusted Smart Contracts/div
Book Synopsis Generational Accounting by : Holger Bonin
Download or read book Generational Accounting written by Holger Bonin and published by Springer Science & Business Media. This book was released on 2013-03-14 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: Among the concepts used to assess the sustainability of fiscal policy in a changing demographic environment, generational accounting has become the most prominent. This book gives a complete and up-to-date introduction to the theory and practice of the method. It reveals deficiencies of the original residual concept and discusses various measures of intergenerational redistribution based on the recent sustainability approach to generational accounting. An application using data on German public finances serves to provide an in-depth explanation and practical illustration of the technique. The study develops new procedures to evaluate the fiscal externalities of migration and the redistribution of net wealth among living generations resulting from Social Security reform. The book is an indispensable source of reference for analysts employing generational accounting and for those wishing to study intertemporal redistribution through fiscal policy.
Book Synopsis Economics and Ageing by : José Luis Iparraguirre
Download or read book Economics and Ageing written by José Luis Iparraguirre and published by Springer Nature. This book was released on 2019-11-29 with total page 599 pages. Available in PDF, EPUB and Kindle. Book excerpt: This upper level textbook provides a coherent introduction to the economic implications of individual and population ageing. Placing economic considerations into a wider social sciences context, this is ideal reading not only for advanced undergraduate and masters students in health economics and economics of ageing, but policy makers, professionals and practitioners in gerontology, sociology, health-related sciences, and social care. This volume introduces topics in labour economics, including the economic implications of ageing workforces. It covers pension economics and pension systems with their macroeconomic and distributive effects, and the question of risk. Finally, it describes macroeconomic consequences of ageing populations on aggregate saving, inflation, international trade, and financial markets.
Book Synopsis The New Palgrave Dictionary of Money and Finance by : John Eatwell
Download or read book The New Palgrave Dictionary of Money and Finance written by John Eatwell and published by Springer. This book was released on 1992-10-14 with total page 869 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first reference work ever to be awarded the Eccles Prize for Excellence in Economic Writing from Columbia Business School. Continuing in the tradition of The New Palgrave , this 3-volume set provides an unparalleled guide to modern money, banking and finance. In over 1,000 substantial essays by leading academic and professional authorities, it provides the most comprehensive analysis available of contemporary theory and the fast-evolving global monetary and financial framework. In its scope and depth of coverage, it is indispensable for the academic and practitioner alike.
