Results 41 to 50 of about 2,712,709 (247)
Patterns and heterogeneity in credit repayment performance: Evidence from Malian farmers
Applied Economic Perspectives and Policy, EarlyView.Abstract Formal credit can enhance farmers' purchasing power, increase productivity, and enforce resilience throughout the agricultural sector. Therefore, analyzing bank clients and credit data in the agricultural sector is of interest. This study aims to (1) investigate distinct cluster patterns among the bank's farmer clients in Mali utilizing ...
Tim Ölkers +3 more
wiley +1 more source
Dynamic option adjusted spread and the value of mortgage backed securities [PDF]
, 2007 We extend a reduced form model for pricing mortgage-backed securities (MBS) pass through and provide a novel hedging tool for investors in this market. To calculate the price of an MBS traders use what is known as option-adjusted spread (OAS).
Cerrato, Mario, Djennad, Abdelmadjid
core
No evidence of a rural‐urban divide in prioritizing agricultural policy goals
Applied Economic Perspectives and Policy, EarlyView.Abstract Rural‐urban divides have been found in various policy fields, but it remains unclear if they exist in agricultural policy. We analyzed the policy preferences of 1542 Swiss respondents, ranging from very rural to very urban. Respondents prioritized different pairs of conflicting goals, that is, two economic goals versus four conflicting agri ...
Nadja El Benni +4 more
wiley +1 more source
Applied Economic Perspectives and Policy, EarlyView.Abstract In this study, we define, categorize, and systematically describe best practices and barriers to implementing preference elicitation lab‐in‐the‐field experiments with farmers based on qualitative, in‐depth interviews with researchers from the Research Network on Economic Experiments for the Common Agricultural Policy (REECAP).
Marieke Cornelia Baaken +16 more
wiley +1 more source
The Inverted Parabola World of Classical Quantitative Finance: Non-Equilibrium and Non-Perturbative Finance Perspective [PDF]
arXiv, 2020 Classical quantitative finance models such as the Geometric Brownian Motion or its later extensions such as local or stochastic volatility models do not make sense when seen from a physics-based perspective, as they are all equivalent to a negative mass oscillator with a noise.
arxiv
Risk Minimization and Optimal Derivative Design in a Principal Agent Game [PDF]
, 2007 We consider the problem of Adverse Selection and optimal derivative design within a Principal-Agent framework. The principal's income is exposed to non-hedgeable risk factors arising, for instance, from weather or climate phenomena.
Horst, U., Moreno, S.
core +2 more sources
Applied Economic Perspectives and Policy, EarlyView.Abstract Households in developing countries are often impaired in their economic opportunities by major health shocks. In this article, we first investigate the impact of a health shock on rural household consumption and explore the mechanisms how the health shock brings a household into indebtedness.
Linh D. Nguyen +3 more
wiley +1 more source
A Trend-following Trading Indicator on Homomorphically Encrypted Data [PDF]
arXiv, 2020 Algorithmic trading has proliferated the area of quantitative finance for already over a decade. The decisions are made without human intervention using the data provided by brokerage firms and exchanges. There is an emerging intermediate layer of financial players that are placed in between a broker and algorithmic traders.
arxiv
Master’s Program in Money and Finance (MMF) [PDF]
, 2010 The Master’s program in Money and Finance (MMF) is an innovative joint venture of the Department of Money and Macroeconomics and of the Department of Finance, both located in the new House of Finance.
core
A Computational View of Market Efficiency [PDF]
, 2009 We propose to study market efficiency from a computational viewpoint. Borrowing from theoretical computer science, we define a market to be \emph{efficient with respect to resources $S$} (e.g., time, memory) if no strategy using resources $S$ can make a ...
Hasanhodzic, Jasmina +2 more
core +5 more sources