A portfolio approach to endogenous growth: equilibrium and optimal policy

Article Abstract:

A portfolio technique for the analysis of fiscal and financial policy in endogenous growth models arrived at results are related to the logical core of the endogenous growth literature. The analysis, which studied two models, showed that the long-term effects of permanent and temporary change in basic economic factors are linked to the growth-producing condition of the model. The first model is rooted from the Arrow-Romer model with rising returns and an external effect of capital on labor productivity. The second is based on Barro's analysis of government expenditures and endogenous growth.

Fiscal policy

---

Effects of financial innovations on market volatility when beliefs are heterogeneous

Article Abstract:

A model that is a heterogeneous beliefs continuous time version of Lucas indicates that the interest rate of the economy is volatile. Volatility has two components: the product of the update of informations and the weighted average of beliefs of the individuals. A signal that adds data will have a positive influence on the volatility of the interest rate. However, in a contrasting incident, a security that completes markets will create two impacts on volatility, a positive and an undefined one.

Marketing Management, Innovations

---

Introduction

Article Abstract:

Computational finance has evolved from the use of the computational modelling approach to financial analysis. Recent studies branch out into two categories namely computational tools and empirical studies. These two categories give a broad but indicative trend of recent developments in computational modelling in financial management and research thrusts.

Usage, Software, Computer simulation, Financial analysis, Financial analysis software

Similar abstracts:

• Abstracts: Fiscal policy in an endogenous growth model with human capital accumulation. Morale hazard
• Abstracts: An axiomatic approach to complete patience and time invariance. A completeness result for extending signed orders
• Abstracts: Currency forecasters are heterogeneous: confirmation and consequences. Price discovery in the foreign exchange market: an empirical analysis of the yen/dmark rate
• Abstracts: Bayes contingent plans. Exclusive vs independent agents: a separating equilibrium approach
• Abstracts: A model of creative destruction with undiversifiable risk and optimising households

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.