Author: Publisher:
ISBN:
Category : Economics
Languages : en
Pages :
Book Description
First Boston Working Paper Series
Author: First Boston working paper series
Author: First Boston Working Paper Series
Author: Columbia University. Graduate School of BusinessPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Proceedings
Author: Sustainability
Author: Graciela ChichilniskyPublisher: Springer Science & Business Media
ISBN: 9401148929
Category : Business & Economics
Languages : en
Pages : 342
Book Description
of ecological (also biological) variables b which interact in their dynamic t evolution: det dbt dt = f (et, bt)' dt = 9 (et, bt)· Among the solution paths to this interaction between economic and ecologi cal variables, we look for those which are sustainable. Sustainable paths are typically those along which the values of certain key stocks are always pos itive, these key stocks being important environmental resources. The types of paths on which certain variables can be positive forever include station ary solutions with appropriate positivity conditions, or limit cycles or chaotic attractors satisfying the same positivity conditions. These paths, and the paths which approach them, constitute the set of sustainable paths. From amongst these we have to choose one or more which are in some sense the best. Note that rather than imposing positivity of certain stocks in the long run as a condition for sustainability, we would prefer to derive this as a characteristic of optimal solutions from more fundamental judgements about the valuation of stocks and flows: this is the route pursued by the papers in this volume. The introductory paper by Heal in Section I reviews these matters in gen eral terms, not going into technical details: it discusses the precedents for a concept of sustainability in welfare economics, and reviews alternative opti mality concepts and their connection to sustainability.
IMF Staff papers
Author: International Monetary Fund. Research Dept.Publisher: International Monetary Fund
ISBN: 1451930712
Category : Business & Economics
Languages : en
Pages : 228
Book Description
The Mundell-Fleming model of international macroeconomic originated in the early 1960s and has been extended during the ensuing quarter century. This paper develops an exposition that integrates the various facets of the model and incorporates its extensions into a unified analytical framework. Attention is given to (1) the distinction between short-run and long-run effects of policies, (2) the implications of debt and tax financing of government expenditures, and (3) the role of the exchange rate regime in this regard. By identifying the key mechanisms operating in the model, the exposition clarifies the model’s limitations and facilitates comparison with other, more current approaches.
Working Paper Series
Author: Migration and the International Labor Market 1850-1939
Author: Tim HattonPublisher: Routledge
ISBN: 1134841361
Category : Business & Economics
Languages : en
Pages : 318
Book Description
Migration and the International Labor Market 1850-1939 focuses on the economic aspects of international migration during the era of mass migrations.
Advanced Fixed Income Analysis
Author: Moorad ChoudhryPublisher: Elsevier
ISBN: 0080488188
Category : Business & Economics
Languages : en
Pages : 199
Book Description
This book is aimed at experienced practitioners in the corporate bond markets and is a specialised text for investors and traders. The author relates from both personal experience as well as his own research to bring together subjects of practical importance to bond market practitioners. He introduces the latest techniques used for analysis and interpretation, including:Relative value tradingApproaches to trading and hedgingDynamic analysis of spot and forward ratesInterest rate modellingFitting the yield curveAnalysing the long bond yieldIndex-linked bond analyticsCorporate bond defaults * Aspects of advanced analysis for experienced bond market practitioners* Complex topics described in an accessible style* Brings together a wide range of topics in one volume
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