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…
Real Options in Theory and Practice -- Stochastic Models for the Term Structure of Interest Rates -- Real Options Valuation Tools in Corporate Finance -- Analysis of Various Real Options in Simulations and Backtesting -- Summary and Outlook.Managerial decision-making during the lifetime of a project can have im portant implications on project handling and its contribution to shareholder value…
Is the current industrial model of schooling capable of preparing young people for modern working life? This book provides an unsettling picture of the challenges young people face following the uncertainty of the Global Financial Crisis. It asks whether teachers and schooling are able to provide the skills needed in a contemporary global economy.