Title:

Proceedings of the 3rd Italian-Polish conference on applications of systems theory to economy, management and technology: Białowieża, Poland, May 26-31, 1976 * Systems theory of economic * Influence of inflation on international commercial banking

Subtitle:

Książka = Book ; KS/1/1977/R02P05

Creator:

Mazzoleni, P.

Publisher:

Instytut Badań Systemowych. Polska Akademia Nauk ; Systems Research Institute. Polish Academy of Sciences

Place of publishing:

Warszawa

Date issued/created:

1977

Description:

[4], 219-232 stron ; 21 cm ; Bibliografia s. 232

Type of object:

Książka/Rozdział

Abstract:

In this paper the dynamie capital asset pricing inodel is extended to the bank management. There were introduced transaction costs, different interest rates on borrowing and leading, which are considered as random entities. The utility function depends not only a These new conditions allows to derive a mutual fund theorem for a noninflationery market which separates doinestic and foreign management decisions according to their degree of correlation. . . . . A model of an international banking activities are considenal in the paper. The model takes into account transaction costs, ciifferent interest rates on borrowing and lending, which are considered as random entities. The utility function depend not only on domestic consumption levels but also on capital investments.

Relation:

Książka = Book

Resource type:

Tekst

Detailed Resource Type:

Książka

Source:

KS-1977-01-R02P05

Language:

eng

Language of abstract:

eng

Rights:

Licencja Creative Commons Uznanie autorstwa 4.0

Terms of use:

Zasób chroniony prawem autorskim. [CC BY 4.0 Międzynarodowe] Korzystanie dozwolone zgodnie z licencją Creative Commons Uznanie autorstwa 4.0, której pełne postanowienia dostępne są pod adresem: ; -

Digitizing institution:

Instytut Badań Systemowych Polskiej Akademii Nauk

Original in:

Biblioteka Instytutu Badań Systemowych PAN

Projects co-financed by:

Program Operacyjny Polska Cyfrowa, lata 2014-2020, Działanie 2.3 : Cyfrowa dostępność i użyteczność sektora publicznego; środki z Europejskiego Funduszu Rozwoju Regionalnego oraz współfinansowania krajowego z budżetu państwa

Access:

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