infonet-economy

Dysfunctional cognitions regarding weight and shape and their implications for self-esteem are considered core features of anorexia nervosa and bulimia nervosa. However, they have also been associated with the severity of binge eating disorder (BED). Therefore, they should be screened with appropriate instruments to tailor treatment to individual patient needs. The Mizes Anorectic...

Ce travail est basé sur un avant-projet nommé « AVENUE » (Autonomous Vehicles to Evolve to a New Urban Experience) proposé à la Commission européenne des transports et de mobilité. Il s’agit d’un projet qui a pour but de démonter l’utilité que pourraient avoir les véhicules autonomes dans le cadre des transports publics et de mettre en lumière les divers avantages pratiques,...

We develop a simple macroeconomic model with extreme financial frictions (no credit markets) and show that poverty traps can emerge even in the absence of leverage. In our model, farmers produce fruit by renting land from landlords. Crops are exposed to aggregate shocks (weather risk). To guarantee themselves a positive consumption level even after a bad crop, farmers store fruit as...

This paper develops a novel and highly efficient numerical algorithm for the gap risk-adjusted valuation of leveraged certificates. The existing literature relies on Monte Carlo simulations, which are not fast enough to be used in a market making environment. This is because issuers need to compute thousands of price updates per second. By valuing leveraged certificates as multi-...