English, Article edition: OPTIMAL DEBT AND ENDOGENOUS GROWTH IN MODELS OF INTERNATIONAL FINANCE JEROME L. STEIN

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Bookmark: http://trove.nla.gov.au/version/167131
Physical Description
  • article
Language
  • English

Edition details

Title
  • OPTIMAL DEBT AND ENDOGENOUS GROWTH IN MODELS OF INTERNATIONAL FINANCE
Author
  • JEROME L. STEIN
Physical Description
  • article
Notes
  • The International Monetary Fund, the World Bank and the bond rating agencies did not anticipate the crises in Asia 1997-98 and in Argentina 2001. With this statement in mind, we consider some multi-stage inter-temporal stochastic optimisation models in international finance that imply theoretically founded and empirically measurable Early Warning Signals. The mathematical technique is dynamic programming/​stochastic optimal control (DP/​SOC). Copyright Blackwell Publishing Ltd/​University of Adelaide and Flinders University 2005..
  • RePEc:bla:ausecp:v:44:y:2005:i:4:p:389-413
Language
  • English
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