Showing 1 - 10 of 2,934
The education and application of skills in it is an essential prerequisite for the growth and development of each … national economy in the future. Investing in education and skills development are essential incentive for raising the growth …. Th e main task of this paper is to answer the question whether with the current method of education we can be a country …
Persistent link: https://www.econbiz.de/10012863167
The paper estimates the returns to education for a cohort of individuals born in Britain in March 1958 who have been … education, social class and interest shown in the child's education as well as measures of ability. The nature of our data … from measurement error in education qualification variables which have been found to be important in other studies. The …
Persistent link: https://www.econbiz.de/10011538431
the determinants of the least squares bias of the wage return to education. We find that disregarding individual fixed …
Persistent link: https://www.econbiz.de/10010487490
argues that multidimensional graphs can actually be evaluated to understand the degree of their effectiveness in visualizing …
Persistent link: https://www.econbiz.de/10010228348
In this short expository note I provide an overview of leveraged buy-out transactions (“LBOs”). I show in detail how an LBO transaction is structured and financed, as well as the typical return profile. I also provide a sample transaction accompanied by financial projections, debt repayment...
Persistent link: https://www.econbiz.de/10013134028
The Cobb Douglas production function is a central element in economic growth theory and Microeconomics. Its popularity in economics stems from certain convenient mathematical properties. Some of these properties describe a set of (partial) differential equations. Although the Cobb Douglas...
Persistent link: https://www.econbiz.de/10013081065
In this paper, we present a novel framework for macroeconomic analysis, which tries to incorporate recent theoretical developments into a model describing an open economy. The model includes a monetary policy rule instead of the LM function together with an aggregate supply function derived from...
Persistent link: https://www.econbiz.de/10013084173
The purpose of this case is to provide an introduction to fixed income portfolio management. In addition, the case describes the story of Bill Gross and the founding of PIMCO.Bill Gross continues to work the same schedule since joining PIMCO in 1970; a rigorous and structured workday that begins at...
Persistent link: https://www.econbiz.de/10013089945
Computer Algebra Systems can be combined with conventional teaching methods to provide students a more "hands-on" understanding of economic concepts. Maxima and its interface wxMaxima are open source (and therefore zero-price) alternatives to expensive programs like Maple and Mathematica. This...
Persistent link: https://www.econbiz.de/10013072723
Hedging of illiquid financial instruments is carried out with liquid instruments that, as a rule, have simpler payoff functions. For example, hedging of Asian or long-dated put options is carried out with vanilla puts, hedging of Bermuda swaptions is done with vanilla swaptions, etc. This kind...
Persistent link: https://www.econbiz.de/10013000625