This project studies two related issues that have gained relevance as a consequence of several of the major currency crises of the 1990s. The first is the impact that devaluations have on investment when domestic firms have currency Continue reading
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Tag: economics
Decision Making under Uncertainty and Bounded Rationality (Management Project)
In an attempt to capture the complexity of the economic system many economists were led to the formulation of complex nonlinear rational expectations models that in many cases can not be solved analytically. In such cases, Continue reading
Dynamic Competition with Customer Recognition and Switching Costs: Theory and Application (Management Project)
This project aims to contribute to our understanding of dynamic interaction in duopoly markets. Chapter 1 motivates the study and offers a brief overview of the results. In Chapter 2 I study the dynamic equilibrium of a market Continue reading
Asians in the United States Labor Market: ‘Winners’ or ‘Losers’ ? (Management Project)
This study examines employment, earnings, and income of the six major foreign and native born Asian groups, namely, Asian Indians, Chinese, Filipinos, Japanese, Koreans, and the Vietnamese for the year 2000. The study makes three contributions. First, Continue reading