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but in its balance between public finance and public choice and its combination of theory and relevant empirical evidence …
Persistent link: https://www.econbiz.de/10010905536
-like economic policies predicted by some never took place. Perhaps the correct response to the crisis is simply careful management …
Persistent link: https://www.econbiz.de/10010905537
Today's wide economic gap between the postindustrial countries of the West and the poorer countries of the third world is not new. Fifty years ago, the world economic order--two hundred years in the making--was already characterized by a vast difference in per capita income between rich and poor...
Persistent link: https://www.econbiz.de/10010905538
previous editions, basic and advanced models in the areas of corporate finance, portfolio management, options, and bonds are … application to portfolio management and exotic option valuation. A new chapter discusses term structure modeling, with special …
Persistent link: https://www.econbiz.de/10010905547
international finance increasingly relies, the book teaches the reader how to think in terms of simple models and grasp the … graduate courses in development economics, international finance, and macroeconomics. …
Persistent link: https://www.econbiz.de/10010905549
David Fox (Ph.D. Economics, Columbia, Visiting Assistant Professor at Kester College, Knittersville, New York) is having a stressful year. He has a temporary position at a small college in a small town miles from everything except Albany. His students have never read Freakonomics. He thinks he...
Persistent link: https://www.econbiz.de/10010905550
Tirole offer an original, unified perspective on these questions drawing on insights from modern corporate finance. In a … slight, but important departure from the standard theory of finance, they show how imperfect pledgeability of corporate …, investment decisions, and liquidity management. The government has an active role to play in improving risk-sharing between …
Persistent link: https://www.econbiz.de/10010905551
apparent than in emerging markets. In Banking on Democracy, Javier Santiso investigates the links between politics and finance … markets have decoupled politics and finance, in the wake of the 2008Ð2012 financial crisis many developed economies (Europe … and the United States) have experienced a recoupling between finance and politics. …
Persistent link: https://www.econbiz.de/10010905558
The literature on small and medium-sized enterprise (SME) finance highlights linkages with large firms in value chains … implications for SMEs. This paper explores this gap by looking for evidence on the impact of SMEs' access to finance of inter … technologies in Costa Rica), a comparison between the different sources and instruments of finance used by SMEs is presented. A …
Persistent link: https://www.econbiz.de/10010943802
The United States is bankrupt, flat broke. Thanks to accounting that would make Enron blush, America’s insolvency goes far beyond what our leaders are disclosing. The United States is a fiscal basket case, in worse shape than the notoriously bailed-out countries of Greece, Ireland, and others....
Persistent link: https://www.econbiz.de/10010535203