Stimulating the Economy of Southeast Europe -- Setting the Stage for Stability and Progress in Southeast Europe -- The Scenario for EU Accession by Southeast European Countries -- Infrastructure Finance, Accession, and Related Policy Issues in Southeast Europe -- Making It Easier to Do Business in Southeast Europe -- Financial Regulation for Stability and Protection in Southeast Europe -- Finan…
This volume contains papers that provide an analysis of topics in the following areas: Agent Based Models, Non-linear Time Series Analysis, Financial Market Dynamics, Econo-physics, Deterministic Chaos, Macroeconomic Dynamics. Economics: Complex Windows, does not present contributions to the sterile debate as to the merits of the different grand, or potentially grand paradigms of economics. Rat…
Foreign Exchange Markets and Foreign Exchange Rates -- Exchange Rate Regimes and International Monetary Systems -- International Parity Conditions -- Balance of Payments and International Investment Positions -- Open Economy Macroeconomics -- The Mundell-Fleming Model -- The Flexible Price Monetary Model -- The Dornbusch Model -- Global Derivatives Markets -- Currency Futures -- Currency Option…
Representative Agent Models -- Basic Models and Elementary Algorithms -- Linear Quadratic and Linear Approximation Methods -- Parameterized Expectations -- Projection Methods -- Heterogeneous Agent Models -- Computation of Stationary Distributions -- Dynamics of the Distribution Function -- Overlapping Generations Models -- Tools -- Numerical Methods -- Various Other Tools.Modern business cycle…
The Basics -- Forward and Futures Markets -- Standard Pricing Results under Deterministic and Stochastic Interest Rates -- Investment and Hedging -- Pure Hedging -- Optimal Dynamic Portfolio Choice in Complete Markets -- Optimal Dynamic Portfolio Choice in Incomplete Markets -- Optimal Currency Risk Hedging -- Optimal Spreading -- Pricing and Hedging under Stochastic Dividend or Convenience Yie…
Hierarchic Preferences -- Structural Change and Balanced Growth -- Inequality and Research Incentives -- Markups and Exclusion -- Conclusions.
and Summary -- International Product Market Integration and Wage Bargaining -- Comment on Torben M. Andersen's Paper -- Wage Formation under Low Inflation -- Comment on Steinar Holden's Paper -- The Finnish Bargaining System: Actors' Perceptions -- Productivity, Incentives and Relative Wages -- Local Bargaining and Employers' Co-operation Options -- Do Centralized Bargains Lead to Wage Moderati…
Insights from a Global Survey on Bank Capital -- The Effects of Basel II on Developing Countries: A Summary of a Global Public Goods Network eForum on Basel II -- Capital Games -- The International Transmission of Capital Shocks: Implictions of a Revised Basel Accord for Developing Countries -- Designing Banking Sector Safety Nets: The Australian Experience -- Globalization and the Growth of In…
Asian Economy -- Economic Diversity in Asia -- Market-Driven Regionalization in Asia -- Contemporary Initiatives in Institutionalized Regional Integration -- Trade, Competitiveness and Foreign Investment and the Linkages Among Them -- Financial Sector Development -- Post-Crisis Regional Economic Co-Operation and the Emerging Financial Architecture.Topicality of Asian economy has refused to fade…
Discrete Choice Models in Preference Space and Willingness-to-Pay Space -- Using Classical Simulation-Based Estimators to Estimate Individual WTP Values -- The Cost of Power Outages to Heterogeneous Households -- Capturing Correlation and Taste Heterogeneity with Mixed GEV Models -- Analysis of Agri-Environmental Payment Programs -- A Comparison Between Multinomial Logit and Probit Models -- Mi…