Starting from an overview of the political background of the Kosovo issue, rooted in Serb and Albanian history, the paper then describes the main features of the current situation: "nothing more than autonomy" from one side, "nothing less than independence" for the other. Against this...

We provide a general characterization of the structure of rational expectations equilibria of any degree of revelation for pure exchange, sequential economies, with deffinitely many states of private information, an incomplete financial market and nominal assets. We estimate the dimension of the...

This paper considers the role of foreign investors in developed-country equity markets. It presents a quantitative model of trading that is built around two new assumptions: (i) both the foreign and domestic investor populations contain investors of different sophistication, and (ii) investor...