In this short note we offer a novel quantitative approach to modeling of early stages of firm’s internalization, namely stages of accumulation of export readiness
March 3, 2010 Kirill Ilinski Fusion Asset Management Working Paper No. FAM-02-10 Abstract: In this paper we introduce a novel structure for performance-based compensation, the Shock
Credit Risk Reversal (CRR), a market model for relative Credit/Equity Volatility pricing and hedging, corrected the short-comings of structural Merton-style debt-equity models and resulted in
January 1, 2010 Kirill Ilinski, Alexis Pokrovski Fusion Asset Management Working Paper No. FAM-01-10 Abstract: In this paper we examine in detail the qualitative effects