Introduction -- The Neoclassical GrowthModel Under a Constant Savings Rate -- Optimal Growth: Continuous Time Analysis -- Optimal Growth: Discrete Time Analysis -- Numerical Solution Methods -- Endogenous Growth Models -- Additional Endogenous Growth Models -- Growth in Monetary Economies:...

This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern...

Los tipos de cambio a plazo a uno y tres meses del marco aleman, franco frances, libra esterlina, yen japones y peseta respecto al dolar parecen estar cointegrados con los tipos de contado que se observan a la fecha de maduracion del contrato forward. Sin embargo, esta relacion de cointegracion...

We use stock market data to analyze the quality of alternative models and procedures to estimate Expected Shortfall (ES) at different significance levels. We consider conditional models applied to the full distribution of returns as well as models that focus on tail events using extreme value...

We provide evidence suggesting that the assumption on the probability distribution for return innovations is more influential for Value at Risk (VaR) performance than the conditional volatility specification. We also show that some recently proposed asymmetric probability distributions and the...