Computable general equilibrium

Entering EU will promote Latvia's welfare and development The influence on the national economics in Latvia already can be felt, even before entering the EU. Since negotiation of European contract in 1995, there has been an intensive integration process going on in Latvia - readjustments of legislation, increasing trade with the EU countries and big amount of investments has been received from foreign investors. If there would not be a movement towards the EU or NATO, the economical developments

Introduction The Philippines is one of the three countries granted exemption in 1995 from the removal of quantitative restriction (QR) on rice under Annex 5 of the World Trade Organization (WTO) agreement. Japan and South Korea are the other two countries. The exemption will expire on December 31, 2004. The primary objective of the paper is to look at the possible poverty and distributional effects of the removal of the QR and the reduction in tariffs on rice imports. In particular, the paper attempts

In every country of the world, exchange rate level is the paramount target of economic policy targeting. In other words, exchange rate policy should be geared towards the attainment of long-term equilibrium rate, so as to achieve certain macro-economic objectives e.g. balance of payments equilibrium, through proper management of the Nigerian exchange rate policy. The country started operating the floating exchange rate system in 1986 after the introduction of SAP. It was expected that the country

Formal and informal institutions’ lending policies and access to credit by small-scale enterprises in Kenya: An empirical assessment By Rosemary Atieno University of Nairobi AERC Research Paper 111 African Economic Research Consortium, Nairobi November 2001 © 2001, African Economic Research Consortium. Published by: The African Economic Research Consortium P.O. Box 62882 Nairobi, Kenya Printed by: The Regal Press Kenya, Ltd. P.O. Box 46116 Nairobi, Kenya ISBN 9966-944-52-4

Preface This is a book about Monte Carlo methods from the perspective of financial engineering. Monte Carlo simulation has become an essential tool in the pricing of derivative securities and in risk management; these applications have, in turn, stimulated research into new Monte Carlo techniques and renewed interest in some old techniques. This is also a book about financial engineering from the perspective of Monte Carlo methods. One of the best ways to develop an understanding of a model of,