Columbian Drug Trade
If Americans know nothing else about Colombia, they know that it is a place where people grow and package cocaine for use on the world market. This is, of course, a highly biased view of the country because Colombians do many th Continue Reading...
Econometric Modeling
Financial risk is currently at the center of all economic activity due to the incredibly unstable financial environment of the world economy. As a consequence the search for ways to reduce risk has taken a front seat in the impo Continue Reading...
Risk Management
Financial derivatives are an innovation in the field of finance that enable us to understand, measure and manage our financial risks. The definition of financial derivative according to the textbooks is of a financial instrument, and Continue Reading...