Similar Search Results

Effective and Efficient Use of Excel in Teaching Financial Ratios and Cash Flows

Tengesdal, Mark - 2011

graduate level. Excel worksheets allow students to more readily see interactions between concepts, and a finance major who is … assignment that requires students to complete financial statements and calculate financial ratios and cash flows. It also … discusses methods for evaluating the worksheets that the students turn in. Grading Excel assignments can be tedious. This paper …

Persistent link: https://www.econbiz.de/10013120453

A Separating Equilibrium for Stock Repurchase Programs via PUT Options : Transforming a Mathematical Proof into Visual Form

Gyoshev, Stanley B. - 2012

We develop a mathematical proof demonstrating that only financially-strong firms will sell put options on their own stock, but financially-weak firms will not. The sale of options on a company's own stock exposes the buyer to default risk of the issuer, which additionally complicates the payoff...

Persistent link: https://www.econbiz.de/10013097053

The Tradable Pollution Permit Exercise : Three Additional Tools

McPherson, Michael A. - 2012

market. We provide three additional pedagogical tools for the exercise that will further engage students. First we show how … students with an intermediate microeconomics background can algebraically and graphically calculate the market clearing permit … price. Second, for advanced students we show how the cost minimizing allocation of pollution control is achieved using a …

Persistent link: https://www.econbiz.de/10013098920

AS-AD in the Standard Dynamic Neoclassical Model : Business Cycles and Growth Trends

Gillman, Max - 2012

The paper shows how a dynamic neoclassical AS-AD can be derived and used to describe business cycles and growth trends to undergraduates. Derived within the Ramsey-Cass-Koopmans (RCK) model, the AS-AD is the stationary equilibrium of the deterministic dynamic general equilibrium framework. The...

Persistent link: https://www.econbiz.de/10013103783

Single Crossing Property

Miceli, Maria-Augusta - 2013

Hidden type contracts are examined in their simplest formulation in order to fully prove the role of the single crossing property to eliminate rendundant constraints and to show how this necessary condition constrains the parameters in the case of linear functions. Mechanism design examples are...

Persistent link: https://www.econbiz.de/10013083723

Open Economy Keynesian Macroeconomics Without the LM Curve

Bajo‐Rubio, Oscar - 2013

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

Of Positivism and the History of Economic Thought

Caldwell, Bruce - 2013

century. Though this influence has greatly diminished, it still may be found in the attitude of many economists towards the …

Persistent link: https://www.econbiz.de/10013088819

Fixed Income Portfolio Management at PIMCO : Bill Gross, the Bond King

Namvar, Ethan - 2013

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

An Exposition on the Mathematics and Economics of Option Pricing

Miller, Luke - 2013

The application of options pricing theory to value irreversible investment decisions has witnessed a marked increase over the last decade. For instructional and simplified applications, the Black-Scholes model is commonly demonstrated due to its tractability and acceptance in the finance...

Persistent link: https://www.econbiz.de/10013090022

Multi-Paradigmatic Teaching in the World of Heterodox Economics : The Case of Bretton Woods Institutions

Ardalan, Kavous - 2013

viewpoint; and together they provide both graduate and undergraduate students with a more balanced understanding of the …

Persistent link: https://www.econbiz.de/10013092087