Weizenreserve von gegenwärtig 2,1 Millionen Tonnen zu groß. 300.000 bis 900.000 Tonnen ausreichend. Berücksichtigung der folgenden Faktoren ausschlaggebend: Produktion, Ausfuhrmenge, Kosten der Lagerhaltung. (DÜI-Seu)

Consumption of wheat and rice in Pakistan grows vigorously. The causes are well-known. (i) population growth, officially estimated at about three percent per year, is very high and, (ii) at low levels of income per head the income elasticities of wheat and rice consumption are still positive~...

Prepayment of Dutch mortgage loans is restricted to a fixed amount per calendar year. Due to path dependence the valuation of these mortgage loans is more complicated than the valuation of unrestricted prepayment options. In this paper we derive an optimal and efficient strategy to price...

In a study of the operation of the wheat market in Pakistan, Cornelisse and Naqvi [1, p. 116] stated that the pre-harvest wheat stock in March 1983 of 2,100,000 tons should provide sufficient protection against a major harvest failure. This conclusion was based on the observation that a stock of...