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Stochastic Optimal Control, International Finance, and Debt Crises

Stochastic Optimal Control, International Finance, and Debt Crises

Hardcover

Business GeneralInvesting & Finance

ISBN10: 0199280576
ISBN13: 9780199280575
Publisher: Oxford University Press
Published: Jun 1 2006
Pages: 304
Weight: 1.32
Height: 0.89 Width: 6.47 Depth: 9.28
Language: English
This book is concerned with a world where the return on capital, interest rates and exchange rates are not known with certainty. On the basis of state of the art research in applied mathematics and economics, the author derives benchmarks that are used to answer many important questions. This research develops analytical tools that can explain and evaluate trends in real exchange rates, and provide theoretically based warning signals of currency and debt crises.

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Investing & Finance