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With the financialization of the economy, increasing reliance has been put on statistical models for derivatives pricing and for risk assessment in the day-to-day business of financial operators as well as in financial regulation. This practice had already been criticized from many quarters and...
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-form GARCH-in-mean model assigned to six globally leading financial markets. The obtained results support Keynes's theory - the …
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anything Keynes was talking about in either the A Treatise on Probability or General Theory. Keynes only realized this only …
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What we show is this article is that there is a link between Post- Keynesian theory and Institutional Economy. This …
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