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Télécharger le livre : Stochastic Optimal Control and the U.S. Financial Debt Crisis
Jerome L. Stein
Stochastic Optimal Control and the U.S. Financial Debt Crisis
Stochastic Optimal Control (SOC)—a mathematical theory concerned with minimizing a cost (or maximizing a payout) pertaining to a controlled dynamic process under uncertainty—has proven incredibly helpful to understanding and predicting debt crises and evaluating...
Editeur : Springer
Parution : 2012-03-30

Format(s) : ePub
52,74 €
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Télécharger le livre : Stochastic Optimal Control, International Finance, and Debt Crises
Jerome L. Stein
Stochastic Optimal Control, International Finance, and Debt Crises
This book focuses on the interaction between equilibrium real exchange rates, optimal external debt, endogenous optimal growth and current account balances, in a world of uncertainty. The theoretical parts result from interdisciplinary research between economics and...
Editeur : OUP Oxford
Parution : 2006-04-06

Format(s) : PDF
77,30 €
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Télécharger le livre : Fundamental Determinants of Exchange Rates
Polly Reynolds Allen , Jerome L. Stein
Fundamental Determinants of Exchange Rates
Existing models fail to explain the large fluctuations in the real exchange rates of most currencies over the past twenty years. The Natural Real Exchange Rate approach (NATREX) taken here offers an alternative paradigm to those which focus on short-run movements of...
Editeur : Clarendon Press
Parution : 1998-04-30

Format(s) : PDF
65,22 €
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