منابع مشابه
Unstable Equity: Combining Banking with Private Equity Investing
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Agrowing literature explores the concept of free banking on both a theoretical and an historical basis. George Selgin (1988) sets out the theory of free banking and makes a compelling case that, despite the uniqueness of money, the forces of supply and demand are more conducive to monetary stability, correctly understood, than are the edicts of a central bank. Larry White (1984), focusing on th...
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Existence and uniqueness theorems for unstable manifolds are well-known. Here we prove certain refinements. Let f : (C, 0) → C be a germ of an analytic diffeomorphism, whose derivative Df(0) has eigenvalues λ1, . . . , λn such that |λ1| ≥ · · · ≥ |λk| > |λk+1| ≥ · · · ≥ |λn|, with |λk| > 1. Then there is a unique k-dimensional invariant submanifold whose tangent space is spanned by the generali...
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ژورنال
عنوان ژورنال: Journal of Financial Economics
سال: 2010
ISSN: 0304-405X
DOI: 10.1016/j.jfineco.2009.10.007