Essays about: "James Madigan"

Found 1 essay containing the words James Madigan.

  1. 1. Is an Optimal Currency Area an Optimal Portfolio?

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : James Madigan; [2011]
    Keywords : Eurozone; Euro; Portfolio Optimization; Optimal Currency Area; MVP Portfolio; Business and Economics;

    Abstract : This paper will analyze the construction of an optimal currency area using mean variance portfolio analysis, in order to determine what would have been the most stable monetary union for the European Union prior to the complete transition to the Euro currency on January 1, 2002. The analysis calculates the minimum variance portfolio of the potential European Union members by using there sovereign bond yield to maturity as a proxy for the return and variance of the asset. READ MORE