The admission by the Greek government on October 18, 2009, of large-scale accounting fraud in its national accounts sparked an unprecedented sovereign...

This paper sets out a new analytical framework for optimal asset allocation of sovereign wealth, based on the theory of contingent claims analysis applied...

According to the macro-econometric literature, the impact of exogenous oil price shocks on Inflation have greatly increased in the last two decades throughout...

The standard indices available for the bond investment markets, are composed of securities that are weighed by the size of the outstanding debt, and are...

Financial theory assumes that higher risk is compensated on average by higher returns.

Headline Inflation in the US has been shown to be mean reverting to Core Inflation at medium term, whilst at the same time the pass-through of commodity...

Gone are the days when inflation fears had receded under years of “Great Moderation” in macroeconomics.

The inflation and the real yield component deduced from inflation-linked and nominal bond prices are adversely affected by two market effects: price distortions...

The exceptional rise in government deficits following the subprime crisis, the recent commodity price spikes and the increase in inflation volatility...

Recent academic studies have shown that since the mid-nineties, the pass-through of exogenous oil shocks into headline inflation has been increasing while...