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On 5-6 September 2012 SUERF held its 30th Colloquium “States, Banks, and the Financing of the Economy” at the University of Zürich, Switzerland. The papers included in this SUERF Study are based on contributions to the Colloquium. All the chapters in this publication discuss from different...
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In this paper the authors study the determinants of the long term yield spread between Italian and German government bonds using daily observations for a period 1 January 1995- 28 October 1997.
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in the mezzogiorno regional level area of Italy - studies reasons for return of Italian migrant workers (free circulation …
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As this terse historical sketch should make clear, Bohm-Bawker's concern in The Positive Theory was to explain the … convenient in discussing his theory. The Basic Model is designed to explain the rate of interest in the long -run equilibrium of …
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We propose a general framework for studying the evolution ofheterogeneous beliefs in a dynamic feedback setting. Beliefsdistributions are defined on a continuous space representingthe possible strategies agents can choose from. Agents base theirchoices on past performances. As new information...
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