Search Results for Present-value model

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It is well known that the long-run viability of a fixed exchange rate regime imposes constraints...

In this paper we provide tools for assessing the house prices and housing valuation. We develop...

This paper derives an equilibrium for a competitive multi-stage game in which an agents' current...

Assessments regarding the effectiveness of sovereign debt restructurings are often summarized by...

Losses may accrue to depositors at insolvent banks both at and after the time of official...

The main purpose of this paper is to provide an overview of approaches to assessing fiscal...