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"Presenting innovative modelling approaches to the analysis of fiscal policy and government debt, this book moves beyond previous models that have relied upon the assumption that various age-specific rates and policy variables remain unchanged when it comes to generating government expenditures...
Persistent link: https://www.econbiz.de/10012416712
Recently there has been a resurgence of interest in the study of optimal monetary policy under uncertainty. This book provides a thorough survey of the literature that has resulted from this renewed interest. The authors ground recent contributions on the 'science of monetary policy' in the...
Persistent link: https://www.econbiz.de/10012420009
: experience and challenges in Japan / Masaharu Usuki -- The structure and regulation of the Brazilian private pension system …, and novel solutions prescribed. Retirement incomes across a number of countries including the US, the UK, Japan and …
Persistent link: https://www.econbiz.de/10012420067
of Risk-Bearing', Review of Economic Studies, 31 (2), April, 91-6 -- Peter A. Diamond (1967), 'The Role of a Stock Market …), July, 1613-38 -- Fernando Alvarez and Urban J. Jermann (2000), 'Efficiency, Equilibrium, and Asset Pricing with Risk of …), 'The Risk-Free Rate in Heterogeneous-Agent, Incomplete-Insurance Economies', Journal of Economic Dynamics and Control, 17 …
Persistent link: https://www.econbiz.de/10012420093
There is a broad range of literature on the economics of insurance and risk management. This timely publication … theory to many different insurance markets. It also offers important insights into the factors influencing corporate risk … management decisions, and the theoretical underpinnings for why corporations with well-diversified shareholders would reduce risk …
Persistent link: https://www.econbiz.de/10011852241
"Featuring real world examples of how risk information affects public choices, The Economics of Environmental Risk … by officials providing information on risk and designing policies for managing them. Further consideration is also given … public policy, risk analysis and environmental and resource economics will value the useful examples found in this …
Persistent link: https://www.econbiz.de/10013537823
Business Networks and Strategic Alliances in China addresses how knowledge transfer and innovation are interwoven within complex networks and how social capital contributes to the acquisition of crucial resources and business success in multi-type enterprises in China. The book explains how...
Persistent link: https://www.econbiz.de/10014473803
This book presents an up-to-date overview of the theory as well as the empirics of the relationship between investment, financial imperfections and uncertainty. After reviewing the capital market imperfections literature and the empirical results, the authors discuss both traditional investment...
Persistent link: https://www.econbiz.de/10014473824
exposition of the risk/return trade-off and how major capital investment decisions are made within firms. Topics studied include …
Persistent link: https://www.econbiz.de/10014473863
uncertainty and risk aversion which resolves problems left unsolved by Keynes in a manner consistent with his work. Keynes … neoclassical theory to deal with uncertainty and risk aversion is based upon a string of assumptions which are empirically false …
Persistent link: https://www.econbiz.de/10014473927