Narrow search
Showing 1 - 4 of 4
Cover Image
Equity portfolio insurance against a benchmark: Setting, replication and optimality
Bahaji, Hamza - Université Paris-Dauphine (Paris IX) - 2014
This paper undertakes the issue of portfolio insurance from the perspective of a risk-averse agent requiring his financial wealth to grow at a floored rate in excess of an equity benchmark. The suggested solution is a generalization of the CPPI approach within a two-equity asset framework. The...
Persistent link: https://www.econbiz.de/10010891142
Cover Image
Air Quality in America
Hayward, Steven F.; Schwartz, Joel - American Enterprise Institute
Schwartz and Hayward offer an alternative analysis of air pollution levels, trends, and prospects in metropolitan areas across the United States.
Persistent link: https://www.econbiz.de/10011273223
Cover Image
No Way Back
Schwartz, Joel - American Enterprise Institute
Claims that air pollution will increase are not only false, but the exact opposite of what will actually happen.
Persistent link: https://www.econbiz.de/10011273237
Cover Image
Keeping Dictators Honest : the Role of Population Concentration
Doy, Quoc-Anh; Campante, Filipe R. - East Asian Bureau of Economic Research (EABER) - 2009
In order to explain the apparently paradoxical presence of acceptable governance in many non-democratic regimes … propose that population plays a similar role in guaranteeing the quality of governance and redistribution. We argue and … threat to a dictatorship, inducing it to yield to more redistribution and better governance. We bring this centered concept …
Persistent link: https://www.econbiz.de/10009363276