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equilibrium theory. Consider, for instance, the case of the efficiency of forward exchange rates vis-a-vis spot rates. Depending …
Persistent link: https://www.econbiz.de/10009441845
, and the asymptotic theory of the Kalman filter is derived. In particular, we establish the consistency and asymptotic …
Persistent link: https://www.econbiz.de/10009441897
This dissertation includes three essays on decision-making by boundedly rational economic agents. The first essay deals with decision-making by firms where decision-making is costly. The other two essays deal with decision-making by individuals. Taken together, the last two argue that...
Persistent link: https://www.econbiz.de/10009441899
The thesis shows two possible ways in which intergenerational redistributions associated with a reform from a comprehensive income tax to a direct consumption tax are affected when the standard models studying this phenomenon are extended.The usual models studying the welfare impact of a direct...
Persistent link: https://www.econbiz.de/10009441903
This dissertation consists of three essays on the taxation of capital income. The first essay examines the effects of the interactions of home and host country tax provisions on capital investment decisions by a U.S. multinational before and after a capital-importing country switches from a...
Persistent link: https://www.econbiz.de/10009441909
The dissertation is composed of three papers on institutions and development, with special focus on Vietnam. The first paper, "Club Good and Contract Enforcement," investigates the contract enforcement power of the communities whose members participate voluntarily. By investing in club goods,...
Persistent link: https://www.econbiz.de/10009441917
We lay a unified foundation for a theory of general equilibrium by proving the existence of an equilibrium for a grand …
Persistent link: https://www.econbiz.de/10009441940
leptokurtosis which are commonly observed in speculative return series.Next, we derive the asymptotic distribution theory of the … time series. Our theory shows that the IGARCH behavior could be spurious and could be the result of ignoring persistent …
Persistent link: https://www.econbiz.de/10009441968
The first paper, "A Theory of Sovereign Debt Valuation," provides a new framework for the valuation of sovereign debt …
Persistent link: https://www.econbiz.de/10009472449
Source: Dissertation Abstracts International, Volume: 68-06, Section: A, page: 2580.
Persistent link: https://www.econbiz.de/10009472506