Enterprise IT asset disposition is one important contributing dimension to green IT initiatives adopted by organizations. IT asset disposition services aim to maximize the value of the IT asset investment of enterprises over its entire lifecycle while guaranteeing data security and protecting against environmental liability. The purpose of this paper is to introduce the practice of IT asset dis...

There has been considerable public discussion of the investment performance of the University of California Retirement Plan (UCRP). Much of that discussion has been based on simple comparisons of the realized investment returns of UCRP to those of other pension plans, such as CalPERS. Such comparisons provide no economically meaningful or statistically significant information about the quality ...

T his paper investigates the existence of possible spillover effects among four main asset markets namely foreign exchange, stock, gold, and housing markets in Iran from 2002:03 to 2015:06. For this purpose, we have exploited Sigma-Point Kalman Filter (SPKF) to extract the bubble component of assets prices in the aforementioned Markets. Then, in order to analyze the price bubbles spi...

a r t i c l e i n f o JEL classification: E52 E58 F41 Keywords: Monetary policy rule Incomplete exchange rate pass-through Tobin's Q channel Asset prices This paper focuses on the role of the Tobin's Q channel in a two-country framework in which exporting firms set their prices on the basis of local currency pricing. Incomplete exchange rate pass-through significantly affects the Tobin's Q chan...

What is the characterization of asset prices and investor’s behavior under time-inconsistent preferences? This paper investigates the characterization of financial market equilibrium when time-inconsistency takes the form of myopia or hyperbolic discounting (HD). We consider an infinite horizon economy under certainty with two heterogeneous CRRA individuals, one good and one long-lived asset. T...

Is there any point to which you would wish to draw my attention?” “To the curious incident of the investment in the market.” “The agent did nothing in the market.” “That was the curious incident.” (with apologies to Sir Arthur Conan-Doyle.) In this paper we study an optimal timing problem for the sale of a non-traded real asset. We solve this problem for a utility maximizing, risk averse manage...