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Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
Monetary Transmission Mechanism Monetary Policy
2015/8/4
Alternative Views of the Monetary Transmission Mechanism: What Difference Do They Make for Monetary Policy?
The continuous behavior of the numeraire portfolio under small changes in information structure, probabilistic views and investment constraints
continuous behavior numeraire portfolio small changes information structure probabilistic views investment constraints
2010/12/17
The numeraire portfolio in a financial market is the unique positive wealth process that makes all other nonnegative wealth processes, when deflated by it, supermartingales. The numeraire portfolio de...
Divergent Asian Views on Foreign Direct Investment and Its Governance
Asian Foreign Direct Investment Governance
2009/9/1
This paper reviews recent trends and effects of FDI in developing Asia; domestic policy changes in six Asian host economies (People’s Republic of China, India, Republic of Korea, Malaysia, Thailand, a...