In Brazil, agriculture has fulfilled its basic functions, being strongly linked to economic dynamics and food security. It has thus contributed to economic growth. In the European Union (EU) agriculture has played a prominent role which, after The Second World War, has unfolded in the...

This paper describes and compares the institutional framework of the agricultural credit markets in selected European countries. The institutions can be both formal (rules, regulations, authorities and actors) and informal (norms, values and relations). They also interact and in situations where...

This paper presents and compares several time-series models for returns of broadbased stock indices. These models nest a nonlinear asymmetric GARCH (NGARCH) model as a special case. Some of these models are empirically motivated ad-hoc specifications others are derived from a representative...