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Articles 1921 - 1950 of 10228
Full-Text Articles in Social and Behavioral Sciences
Spanning, Valuation And Options, Donald J. Brown, Stephen A. Ross
Spanning, Valuation And Options, Donald J. Brown, Stephen A. Ross
Cowles Foundation Discussion Papers
We model the space of marketed assets as a Riesz space of commodities. In this setting, two alternative characterizations are given of the space of continuous options on a bounded asset, s, with limited liability. The first characterization represents every continuous option on s as the uniform limit of portfolios of calls on s. The second characterization represents an option as a continuous sum (or integral) of Arrow-Debreu securities, with respect to s. The pricing implications of these representations are explored. In particular, the Breeden-Litzenberger pricing formula is shown to be a direct consequence of the integral representation theorem.
Testing For A Unit Root In The Presence Of A Maintained Trend, Sam Ouliaris, Joon Y. Park, Peter C.B. Phillips
Testing For A Unit Root In The Presence Of A Maintained Trend, Sam Ouliaris, Joon Y. Park, Peter C.B. Phillips
Cowles Foundation Discussion Papers
This paper develops statistics for detecting the presence of a unit root in time series data against the alternative stationarity. Unlike most existing procedures, the new tests allow for deterministic trend polynomials in the maintained hypothesis. They may be used to discriminate between unit root nonstationarity and processes which are stationary around a deterministic polynomial trend. The tests allow for both forms of nonstationarity under the null hypothesis. Moreover, the tests allow for a wide class of weakly dependent and possibly heterogenously distributed procedures. We illustrate the use of the new tests by applying them to a number a models …
Error Correction And Long Run Equilibrium In Continuous Time, Peter C.B. Phillips
Error Correction And Long Run Equilibrium In Continuous Time, Peter C.B. Phillips
Cowles Foundation Discussion Papers
This paper deals with error correction models (ECM’s) and cointegrated systems that are formulated in continuous time. Problems of representation, identification, estimation and time aggregation are discussed. It is shown that every ECM in continuous time has a discrete time equivalent model in ECM format. Moreover, both models may be written as triangular systems with stationary errors. This formulation simplifies both the continuous and the discrete time ECM representations and it helps to motivate a class of optimal inference procedures. It is further shown that long run equilibria in the continuous system are always identified in the discrete time reduced …
Small Scale Enterprises In Industrial Development : Indian Experience By Suri K. B. Sage Publications, Pvt. Ltd., 1988., S Shivaramu
IIMB Management Review
In this connection, this book is a welcome addition to the study of small scale industry The papers included in this volume represent the proceedings of the Conference on Small Scale Industry Development held during 9994 March 1085 noder the inint anenices of the Institnta HeiG CUring 22-29 mwiafCn, i765 UGE ine JGint A2USPiT"’s OF tHe sOStitute of Economic Growth, New Delhi and the World Bank.
Crime And Delinquency In Haiti: A Study Of Crime In A Developing Country, Gerard Mauze
Crime And Delinquency In Haiti: A Study Of Crime In A Developing Country, Gerard Mauze
Masters Theses
The primary intent of this study was an attempt at describing, understanding and analyzing the most common types, incidences and forces that produce crime and delinquency in Haiti. A secondary concern of this work was to do the ground work which would enable the formulation of testable hypotheses about the causes of crime and delinquency in Haiti.
Even though a number of developing nations face a rapid growth in their crime and delinquency rates, Haiti appears to maintain a relatively low crime rate.
The law-abiding behavior of Haitian youths is due to a number of factors: (a) the strong family …
Catholic Deaf Office, June 1988
Catholic Deaf Office, June 1988
Catholic Deaf Office
A newsletter published for Deaf Catholics in Porland, ME
Catholic Deaf Office Finding Aid
Bluebonnet News, June 1988
Bluebonnet News
A newsletter published for Deaf Catholics in San Antonio, TX
Bluebonnet News Finding Aid
Catholic Office For The Deaf Newsletter, June 1988
Catholic Office For The Deaf Newsletter, June 1988
Catholic Office for the Deaf
A newsletter published for Deaf Catholics in Pittsburgh, PA
Catholic Office for the Deaf Finding Aid
St. Louis Deaf Advocate Newsletter, June 1988
St. Louis Deaf Advocate Newsletter, June 1988
Saint Louis Deaf Advocate Newsletter
A newsletter published for Deaf Catholics in St. Louis
Saint Louis Deaf Advocate Newsletter Finding Aid
Good News, June 1988
Good News
A newsletter published for Deaf Catholics in Michigan, IN
Good News Finding Aid
Cajun News From The Lafayette Catholic Deaf Center, June-July-August 1988
Cajun News From The Lafayette Catholic Deaf Center, June-July-August 1988
Cajun News from the Lafayette Catholic Deaf Center
A newsletter published for Deaf Catholics in Lafayette, LA
Cajun News from the Lafayette Catholic Deaf Center Finding Aid
Chapter 50 Newsletter, Summer 1988
Chapter 50 Newsletter, Summer 1988
Chapter 50 Newsletter
A newsletter published for Deaf Catholics in Bridgeport, CT
Chapter 50 Newsletter Finding Aid
Deaf Ministry Newsletter, June-July 1988
Deaf Ministry Newsletter, June-July 1988
Deaf Ministry Newsletter
A newsletter published for Deaf Catholics in Seattle, WA
Deaf Ministry Newsletter Finding Aid
The Desales Society News, June 1988
The Desales Society News, June 1988
DeSales Society News, The
A newsletter published for Deaf Catholics in Landsdale, PA
The DeSales Society News Finding Aid
Newsletter Catholic Deaf Of Detroit, June 1988
Newsletter Catholic Deaf Of Detroit, June 1988
Newsletter Catholic Deaf of Detroit
A newsletter published for Deaf Catholics in Detroit, MI
Newsletter Catholic Deaf of Detroit Finding Aid
Jericho News Notes, June-July-August-September 1988
Jericho News Notes, June-July-August-September 1988
Jericho News
A newsletter published for Deaf Catholics in Holyoke, MA
Jericho News Finding Aid
Michigan Catholic News, Summer 1988
Michigan Catholic News, Summer 1988
Michigan Catholic News
A newsletter published for Deaf Catholics in Lansing, MI
Michigan Catholic News Finding Aid
News Link St. Vincent's Center For The Deaf, Summer 1988
News Link St. Vincent's Center For The Deaf, Summer 1988
News Link St. Vincent's Center for the Deaf
A newsletter published for Deaf Catholics in Glasgow, Scotland
News Link St. Vincent's Center for the Deaf Finding Aid
Pvn-Lot-030-C-005, Patricia Reed
Pvn-Lot-030-C-004, Patricia Reed
Pvn-Lot-030-D-005, Patricia Reed
Pvn-Lot-030-D-004, Patricia Reed
Pvn-Lot-030-C-006, Patricia Reed
Pvn-Lot-106-G-009, David Shafer
Pvn-Lot-029-D-002, Lavinia True
Pvn-Lot-029-D-001, Lavinia True
Pvn-Lot-029-C-004, Lavinia True
Pvn-Lot-029-B-018, Lavinia True
Pvn-Lot-029-A-024, Lavinia True