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CAPITAL ACCOUNT LIBERALIZATION IN CHINA: PROSPECTS, PREREQUISITES, AND PITFALLS
capital account convertibility capital account liberalization
2011/9/17
Deals with the factors China should consider to achieve capital account convertibility. Incident that led to the emergence of such approach; Benefits from capital account liberalization; Analysis of l...
Five Real Estate Transaction Pitfalls
commercial deal idiosyncrasies service contracts expense reports
2011/9/11
The article focuses on how to avoid the five major potential pitfalls in commercial real estate deals. It states that each commercial deal has its own idiosyncrasies and that it is important that a sa...
Small Group Health Insurance Reform in Rhode Island: Promises and Pitfalls of the HEALTHpact Plan
Employer-based insurance health reform small group market state innovation
2011/9/5
This study analyzes what design elements inhibited enrollment in HEALTH pact. HEALTH pact is a high deductible plan with a premium capped at 10 percent of the average Rhode Island wage. Deductibles ar...
Generalized Integrands and Bond Portfolios: Pitfalls and Counter Examples
Complete markets bond markets generalized integrands generalized portfolios replication
2010/11/2
We construct Zero-Coupon Bond markets driven by a cylindrical Brownian motion in which the notion of generalized portfolio has im-portant flaws: There exist bounded smooth random variables with genera...
Pitfalls in the Use of Ad valorem Equivalent Representations of the Trade Impacts of Domestic Policies
Ad valorem Equivalent Representations Domestic Policies
2014/4/11
It is widely acknowledged that the complexity of domestic policy interventions which
influence trade flows and are now the subject of substantial international negotiation are different
in their e...