The Macro and Micro Economic Aspect -- The Knowledge Network in the Digital Economy and Sustainable Development -- Controllability of Technological Paradigm Shift and Sustainable Growth: An Empirical Research on 1970–2002 Japanese Economy -- Capital-Skill Complementarity in the United States and Japan -- The Nature of Competition -- Organization-Issued Cash in a Digital Economy -- Strategic A…
Changes in Competitive Advantages of Transition Economies: Measurement and Factors -- Comment on: Changes in Competitive Advantages of Transition Economies: Measurement and Factors -- EU Export Specialization Patterns in Selected Accession Countries -- Comment on: EU Export Specialization Patterns in Selected Accession Countries -- Sectoral Change and Economic Integration: Theoretical and Empir…
The Setting -- Overview -- The Development Process -- Economic Planning: History, Role and Effectiveness -- Government Finances and the Saudi Budgetary System -- The Financial Markets -- Saudi Arabian Monetary Agency (SAMA) and Monetary Policy -- The Financial Markets -- The Saudi Capital Market -- The Domestic Sector -- The Private Sector: Challenges and Opportunities -- The Kingdom’s Heart:…
Introductory Notes on the Dynamics of Linear and Linearized Systems -- Complex and Chaotic Dynamics in Economics -- Ergodic Theory of Nonlinear Dynamics -- Local Bifurcation Theory Applied to OLG Models -- Heterogeneous Agent Models: two simple examples -- Complex Oligopoly Dynamics -- Coexisting Attractors and Complex Basins in Discrete-time Economic Models.Many problems in theoretical economi…
Reducing Inflation through Inflation Targeting: The Mexican Experience -- Comment on Manuel Ramos-Francia and Alberto Torres -- How Has NAFTA Affected the Mexican Economy? Review and Evidence -- Comment on M.A. Kose, G.M. Meredith, and C.M. Towe -- Argentina: Monetary Policy by Default -- Comment on George T. McCandless -- Do Exchange Rates Matter in Inflation Targeting Regimes? Evidence from a…
Theoretical Drivers of Divisionalization -- Corporate Banking Strategies: Products, Markets and Channels -- Organizational Structures -- Corporate Banker's Role and Credit Risk Management -- Operating Mechanisms -- Information Systems -- Conclusions.Reinhard H. Schmidt The impressive development of the finance literature with its emphasis on asset pricing and the formal modeling of incentive sy…
Risk, Reward, Size and Time to Exit -- Self-Help, the Entrepreneur's Sources -- Banks -- Small Business Administration -- Asset Based Lenders and Factors -- Business Models, Business Plans -- Angel Investors -- Venture Capital -- Structuring the Deal -- The Pitch: Landing the Investor -- Securities Regulation -- Public Offerings -- Small Public Offerings -- Small Business Investment Companies -…
Keynesian and Monetarist Views on the German Unemployment Problem -- The Rational Expectations Revolution -- Monetary Policy in the New Keynesian Model -- Introducing Nonlinearities into the New Keynesian Model -- Revisiting the Natural Rate Hypothesis -- Concluding Remarks.Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past fo…
The Propagation of Macroeconomic Shocks: A Dynamic Model with Contracts and Imperfect Competition -- Variable Elasticity of Substitution and Economic Growth: Theory and Evidence -- Financial Intermediation and Economic Growth: A Semiparametric Approach -- Bridging the Gap: Linking Economics and Econometrics -- Revenue Smoothing in an ARIMA Framework: Evidence from the United States -- What VAR …
Modeling Feedback Effects with Stochastic Liquidity -- Optimal Liquidation Strategies -- The Navigation of an Iceberg: The Optimal Use of Hidden Orders.The Area of Research and the Object of Investigation In this thesis we will investigate trading strategies in illiquid markets from a market microstructure perspective. Market microstructure is the academic term for the branch of financial econo…