This dissertation consists of three chapters on development economics. The first two chapters are in the area of international macroeconomics. The third chapter is in an area that is the intersection of macroeconomics and population economics. The first chapter studies currency substitution in...

This paper examines the components of the Capital Asset Pricing Model and the modelâs uses to analyze portfolios returns. It also looks at subsequent versions of the CAPM including a multi-variable CAPM with the inclusion of selected macro-variables as well as a non-stationary beta CAPM to...

Over the last twenty years or so the Dynamic Volatility literature has produced a wealth of univariateand multivariate GARCH type models. While the univariate models have been relativelysuccessful in empirical studies, they suffer from a number ofweaknesses, such as unverifiable...