The Arbitrageur

"The third and last duty of the sovereign or commonwealth is that of erecting and maintaining those public...

Linda Allen is a Professor of Finance at Baruch College of the City University of New York. She...

The Financial Economists' Roundtable met in July 1997 to consider long-run problems facing the Social Security system. The...

Although earning a positive carry is a good way to begin a profitable repo transaction, it does not...

This article discusses five pitfalls commonly encountered in the application of risk-adjusted return on capital techniques (RAROC) to...