Portfolio Value Management
Portfolio value management deals with the problem of how to determine a portfolio such that the associated portfolio value moves in some desired direction. Two models of portfolio management are presented. The first (second) model considers the case where the portfolio value moves exactly (at least) according to given growth rates. A solution of both models is found by using a fixed-point argument.
On value preserving and growth optimal portfolios
Abstract. In a discrete-time financial market setting, the paper relates various concepts introduced for dynamic portfolios (both in discrete and in continuous time). These concepts are: value preserving portfolios, numeraire portfolios, interest oriented portfolios, and growth optimal portfolios. It will turn out that these concepts are all associated with a unique martingale measure which agrees with the minimal martingale measure only for complete markets.
Capital Accumulation and Women's Labour in Asian Economies
* Contents * Foreword by Gerrit Huizer * 1. Feminism and the conceptualization of women's labour in Asian economies. * PART I: The Discourse on Women's Labour in Historical Perspective * 2. The patriarchal bias of working class theoreticians: Marx and Proudhon. 3. The proletarian women's movement in Germany and women's labour. 4. The legacy of the second feminist wave: the debate on household labour revisited. * PART II: The Industrial Work of Women in India and Bangladesh * 5. Home-based women labourers in the garment industry in West Bengal. 6. Wage slavery among women garment workers in the factory system in Bangladesh. 7. The German feminist school and the thesis of housewifization. * PART III: Women's Role as Agricultural Producers * 8. Developmental feminism and peasant women's labour in Bangladesh. 9. The ecofeminist discourse in India. 10. The German feminist school and the thesis of subsistence labour. * PART IV: Japanization and Women's Labour * 11. The Japanese style of management and Fordism compared. 12. Japanese women as a vast reserve army of Labour. 13. Conclusion: capital accumulation in contemporary Asia