Australia maintains a delusion of reality China and the US - The Australian dilemma.
The Australian Prime Minister Julia Gillard released a long awaited white paper Australia in the Asian Century yesterday, which has been "wowed" by the Australian media. The white paper basically (...)
In 2008, Chancellor Angela Merkel announced that financial support of the education and research sector is her key policy objective for the next years. She explicitly called for a ?Education Republic (...)
Wird Griechenland die erste Belastungsprobe für die Europäische Währungsunion und die zweite für den Stabilitäts- und Wachstumspakt?
Die Europäische Währungsunion ist aufgrund der Trennung von supranationaler Geldpolitik und nationaler Finanzpolitik ein einzigartiges institutionelles Gebilde. Diese Besonderheit bedingt ein neues (...)
The article describes the concept of one-period and multi-period forward interest rates. Moreover, the article shows the relationship between different types of interest rates and related variables. (...)
This article first describes the nature of an option gamma as a second partial derivative of the option value with respect to the underlying price. The article also shows the analytical formulas for (...)
A special characteristic of the ?Euro-crisis? is the institutional straitjacket of the monetary union. A comparison with highly-indebted G7 member states, such as Japan, the United Kingdom or the (...)
Since September 2011, the European Commission proposed a transaction tax that aims to make the financial sector pay for state support and guarantees during the financial and economic crisis of 2007 (...)