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reality that makes the rural areas of India impermeable to the effects of globalization. To exploit the possibilities and …Globalization is a deliberate decision to open up a national economy to the forces of product, factor and money markets … regime and went in for globalization in the early 1990’s. However, globalization of the Indian Economy has been defensive …
Persistent link: https://www.econbiz.de/10005119015
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
Based on the Partial Distribution (Feng Dai, 2001), a new model to price an asset (MPA) is given. Going a step further, this paper puts forward the Multivariate Partial Distribution (MPD) for the first time. By use of MPD, we could gain a new kind of model for pricing the group assets (MPGA), in...
Persistent link: https://www.econbiz.de/10005119177
This paper was prepared for the purpose of presenting the methodology and uses of the Monte Carlo simulation technique as applied in the evaluation of investment projects to analyse and assess risk. The first part of the paper highlights the importance of risk analysis in investment appraisal....
Persistent link: https://www.econbiz.de/10005561672
Some economists have argued that the process of disintegration of the world economy between the two World Wars led to income divergence between the countries. This is in keeping with the view that economic integration leads to income convergence. The paper shows that the view that the period...
Persistent link: https://www.econbiz.de/10005076560
Using panel regression for the period 1970-2000 the paper analyzes whether globalization has influenced the OECD … endogeneity of the regressors, the results show that globalization (measured by an index covering 23 variables) did not generally … decrease the leeway for independent economic policy. Globalization even increased implicit tax rates on capital (as calculated …
Persistent link: https://www.econbiz.de/10005076616
. Our three-fold empirical understanding of the process of globalization – reliance on foreign savings, MNC penetration and …
Persistent link: https://www.econbiz.de/10005125619
foreign clubs. This provides an example as how forces of efficiency but also inequality unleashed by globalization can be …
Persistent link: https://www.econbiz.de/10005125704
globalization. The paper extends recent research on the developmental effects of international financial integration, long …-term trends in capital mobility and “globalization in historical perspective”. Analyzing the patterns of international financial … a central element of 19th century financial globalization, but plays only a minor role today. The Lucas paradox of …
Persistent link: https://www.econbiz.de/10005125830
conclude that these findings have important implications for the current globalization debate: lacking jurisdictional …
Persistent link: https://www.econbiz.de/10005125839