Asset bubbles and contagion have had a profound effect on the financial markets after the financial and sovereign debt crises. This book takes a quantitative approach to examining these phenomena and will appeal to practitioners who need to understand the repercussions of these events on trading...

Charakteristisch für Emerging Markets sind hohe Aktienrenditen und eine geringe Korrelation mit den Aktienrenditen der entwickelten Märkte, so dass durch Diversifikation der Investmentanlagen eine Verringerung des Portfoliorisikos erreicht werden kann. Die zunehmende Integration...

Few would doubt the potential of information technology to connect individuals, firms and organisations. Whether this will actually lead to the integration of markets and societies is a different issue. The articles collected in this book shed light on crucial considerations for the success of...

This book deals with the financial side of international economics and covers all aspects of international finance. There are many books and articles by exponents of alternative points of view. I know of no other book that provides the scope, balance, objectivity and rigor of this book. the late...

Introduction and Overview -- Part One–International Trade Theory -- The Origins of Trade Theory -- The Ricardian Trade Model.- Factor Intensity -- Stripping Away Ricardo’s Assumptions -- Trade Barriers and Protectionism -- Part Two–Global Macroeconomics -- Global Macroeconomics -- Exchange...

Historical Progress of International Trade Theory -- Mercantilism -- Specie-flow Mechanism -- Adam Smith and Division of Labour -- Ricardo and Comparative Costs -- J.S. Mill and Reciprocal Demand -- Mill and Infant Industry -- Marx and International Exploitation -- Marshall and Offer Curve --...

In the present text the author deals with both conventional and new approaches to trade theory and policy, treating all important research topics in international economics and clarifying their mathematical intricacies. The textbook is intended for undergraduates, graduates and researchers...

Preface -- 1 Growth and International Trade: Introduction and Stylized Facts -- Part I: Growth -- 2 Modeling the Growth of the World Economy: The Basic Overlapping Generations Model -- 3 Steady State, Factor Income, and Technological Progress -- 4 Economic Growth and Public Debt in the World...

The development of international trade theory has created a wide array of different theories, concepts and results. Economic students are trained to understand international interactions by severally incompatible theories one by one in the same course. In order to overcome incoherence among...