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Agents? Rationality and the CHF/USD Exchange Rate
Part I
The analysis of monthly exchange rates is carried out using a model of B.T. McCallum, which is based on the concept of Rational Expectations. Applying the model to the CHF/USD exchange rate, s t , (...)
Agents? Rationality and the CHF/USD Exchange Rate
Part II
The current paper describes and infers the important role of agents? cognitive processes. It points to the dynamic structure of those processes and asks for their influence on the time series (...)
Agents? Rationality and the CHF/USD Exchange Rate
Part IV
A new model containing the CHF/USD exchange rate, s t, is introduced, estimated, and discussed. The model represents a revised version of model (II) as discussed in Part III of our series of papers. (...)
Agents? Rationality and the CHF/USD Exchange Rate
Part III
This is Part III of a series of papers on ?Agents? Rationality and the CHF/USD Exchange Rate?. The series contains a special approach to model the logarithmic CHF/USD monthly exchange rate s t .
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Ragnar Nurkse (1907?1959) - Balanced Growth und die Rolle der Kapitalbildung im Entwicklungsprozess
Der Text behandelt Ragnar Nurkses (1907-1959) Beitrag zur Entwicklungsökonomie. Nurkse analysierte die zirkuläre Verursachung von Armut und betonte die Rolle der Realkapitalbildung für ihre (...)