Accepted wisdom, assuming capital market equilibrium and low cash returns, advises investors to hold optimal portfolios containing little cash. But credit crunches - periods of non-price credit rationing when effective cash yields are very high - happen in the real world. Because of this, it is...

The primary aim of this presentation is to introduce my new book "Low Latency Interest Rate Markets" and expose the reader to the theory and practice of interest rate markets. Interest rate markets exist to support government, corporate and project finance, however the financing of large-scale...

The aim of the study is to show whether, how and to what extent fine art students will be equipped with entrepreneurial skills and therefore be educated on how to make a living as a practicing artist. A comprehensive and comparative analysis of Fine Art degree programmes and extra-curricular...

Ratio analysis is generally presented as something that has to be calculated after completing other financial statements and is generally viewed, particularly by students, as busy-work with little value. This paper changes the context of ratio analysis in order to demonstrate how a focus on the...

Zunächst wird die empirisch Bedeutung der Fachhochschulen und ihrer Vorgängerinstitutionen im deutschen Hochschulwesen seit Ende der 1950er Jahre nachgezeichnet. Gemessen an der Zahl der Studierenden hat sich ihr Anteil auf zuletzt ein reichliches Drittel deutlich erhöht. Anschließend wird...

This paper aims to illustrate the working and business environment of professional fine artists and to identify the factors to successfully make a living in the arts as both market challenges and success factors have not yet been clearly identified in literature. The identification of artists'...

The rhetoric of positivism had a profound effect on the worldview and practice of economists in the middle of the last century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the history of their discipline. This paper traces the...

The aim of our contribution is to present an innovative instrument to teach macroeconomics at the undergraduate and master level. We develop a digital learning platform to present and explore some controversies at the very foundations of macroeconomic theory. For this purpose, we explicitly...

The subject of this paper is e – learning, education process which is held with the use of some form of information and communication technologies to improve the quality of the process and the quality of educational outcomes. New information technologies allow a new attitude to information,...

This paper provides an overview of the higher education sector in Canada, so it can serve as a comparison to that in Australia. It seeks to identify stresses and challenges to this sector in Canada. The study also seeks to offer possible lessons for the direction of higher education policy in...