Some of the world’s most destructive disasters occurred in the Philippines, and a number of these happened in recent years. In 2011, 2012, and 2013, tropical cyclones Washi, Bopha, and Haiyan, respectively, left a staggering ...

The aim of this paper is to compare the performance of different pricing models in valuing bonds with callable and convertible features. Additionally, we wish to provide a theoretical foundation and derivations of the ...

Conventional time series theory and spectral analysis have independently achieved significant popularity in mainstream economics and finance research over long periods. However, the fact remains that each is somewhat lacking ...

The maintenance of price stability is the Bundesbank's ultimate objective. The memory of two hyperinflations within a 30-year period has made the fight against inflation of paramount social and political importance. In the ...

Starting with the introduction of the Diner's Club payment card in 1949, the means of exchange have progressed well beyond traditional instruments such as notes, coins and cheques. I use institutional economics to analyse ...

Dramatic increase of economic losses from Natural disasters derail economic and human development in many places. This dissertation sheds light on natural disaster risk and short-term and long-term household wellbeing after ...

Dairy is an important dietary component, particularly for young children. Because of this the dairy industry is especially sensitive to contamination scares. Dairy is of particular importance to the New Zealand economy, ...

The absence of industry specific regulation of access to the incumbent's telecommunications network in New Zealand for an extended period, between 1989 and 2001, is unique compared with other countries with developed tel ...

The main goal of this thesis is to construct a theoretical model that provides an explanation for the relationship between growth and new entry that is consistent with empirical evidence. The model is a four sector endogenous ...

Consider an electricity market populated by competitive agents using thermal generating units. Such generation involves the emission of pollutants, on which a regulator might impose constraints. Transmission capacities for ...