Working Paper

This shows that it is reasonable to believe that creating a new residen- tial area at this central location would be profitable, as the demand is quite high at this very time.

In line with the idea that carry trade returns compensate investors for risk, we propose a two-factor model that explains the cross-section of carry trade returns with two

We identify triangular and multi-currency arbitrage opportunities on a weekly basis. Since our dataset allows us to gain firsthand information regarding which currency pairs

When a client asks a bank to buy or sell a given amount of currency at the current market price, the bank will quote the client a price.. In the currency market, prices are

011 production is profitable in the certain case, but not in the uncertain one. However, had it not been for the very existence of gas, the uncertain case would also give

intrinsically coupled with the concept of status, seeing that there will be no status without recognition (Wohlforth et. As above, it was also argued that a countries currency is

7 To the extent that dq d¯ e > 0, a stringent domestic environmental policy would ceteris paribus lead to an increase in foreign output and foreign demand for abatement effort.

Figure 4 shows levels of labour productivity across countries, measured as value added per hour worked in all industries except petroleum and computers, converted from domestic