The following text field will produce suggestions that follow it as you type.

Popular Categories

Stochastic Optimal Control International Finance and Debt Crises by Jerome L. Stein, Hardcover | Indigo Chapters

Compare Stochastic Optimal Control International Finance and Debt Crises by Jerome L. Stein, Hardcover | Indigo Chapters

Jerome L. Stein

$132.50

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 applied mathematics. Fromthe economic theory and the mathematics of stochastic optimal control the author derives benchmarks for the optimal debt and equilibrium real exchange rate in an environment where both the return on capital and the real rate of interest are stochastic variables. The theoretically derived equilibriumreal exchange rate - the "natural real exchange rate" NATREX - is where the real exchange rate is heading. These benchmarks are applied to answer the following questions.* What is a theoretically based empirical measure of a "misaligned" exchange rate that increases the probability of a significant depreciation or a currency crisis?* What is a theoretically based empirical measure of an "excess" debt that increases the probability of or a debt crisis?* What is the interaction between an excess debt and a misaligned exchange rate?The theory is applied to evaluate the Euro exchange rate, the exchange rates of the transition economies, the sustainability of U. S. current account deficits, and derives warning signals of the Asian crises and debt crises in emerging markets. | Stochastic Optimal Control International Finance and Debt Crises by Jerome L. Stein, Hardcover | Indigo Chapters

Compare more products to Jerome L. Stein

Stochastic Optimal Control International Finance and Debt Crises by Jerome L. Stein, Hardcover | Indigo Chapters
Loading Inventory...

Stochastic Optimal Control International Finance and Debt Crises by Jerome L. Stein, Hardcover | Indigo Chapters

Coles

Current price: $132.50
Deterministic and Stochastic Optimal Control and Inverse Problems by Baasansuren Jadamba, Paperback | Indigo Chapters
Loading Inventory...

Deterministic and Stochastic Optimal Control and Inverse Problems by Baasansuren Jadamba, Paperback | Indigo Chapters

Coles

Current price: $88.95
Deterministic And Stochastic Optimal Control And Inverse Problems by Baasansuren Jadamba, Hardcover | Indigo Chapters
Loading Inventory...

Deterministic And Stochastic Optimal Control And Inverse Problems by Baasansuren Jadamba, Hardcover | Indigo Chapters

Indigo

Current price: $310.95
Deterministic and Stochastic Optimal Control and Inverse Problems by Baasansuren Jadamba, Paperback | Indigo Chapters
Loading Inventory...

Deterministic and Stochastic Optimal Control and Inverse Problems by Baasansuren Jadamba, Paperback | Indigo Chapters

Indigo

Current price: $88.95
Deterministic And Stochastic Optimal Control And Inverse Problems by Baasansuren Jadamba, Hardcover | Indigo Chapters
Loading Inventory...

Deterministic And Stochastic Optimal Control And Inverse Problems by Baasansuren Jadamba, Hardcover | Indigo Chapters

Coles

Current price: $310.95
Fundamental Determinants of Exchange Rates by Jerome L. Stein, Paperback | Indigo Chapters
Loading Inventory...

Fundamental Determinants of Exchange Rates by Jerome L. Stein, Paperback | Indigo Chapters

Coles

Current price: $249.00
Fundamental Determinants of Exchange Rates by Jerome L. Stein, Paperback | Indigo Chapters
Loading Inventory...

Fundamental Determinants of Exchange Rates by Jerome L. Stein, Paperback | Indigo Chapters

Indigo

Current price: $249.00
Optimal Control Models in Finance by Ping Chen, Hardcover | Indigo Chapters
Loading Inventory...

Optimal Control Models in Finance by Ping Chen, Hardcover | Indigo Chapters

Indigo

Current price: $160.95
Optimal Control Models in Finance by Ping Chen, Hardcover | Indigo Chapters
Loading Inventory...

Optimal Control Models in Finance by Ping Chen, Hardcover | Indigo Chapters

Coles

Current price: $160.95
Powered by Adeptmind