Principles of Financial Economics

Principles of Financial Economics
Author: Stephen F. LeRoy
Publisher: Cambridge University Press
Total Pages: 371
Release: 2014-08-11
Genre: Business & Economics
ISBN: 131606087X

This second edition provides a rigorous yet accessible graduate-level introduction to financial economics. Since students often find the link between financial economics and equilibrium theory hard to grasp, less attention is given to purely financial topics, such as valuation of derivatives, and more emphasis is placed on making the connection with equilibrium theory explicit and clear. This book also provides a detailed study of two-date models because almost all of the key ideas in financial economics can be developed in the two-date setting. Substantial discussions and examples are included to make the ideas readily understandable. Several chapters in this new edition have been reordered and revised to deal with portfolio restrictions sequentially and more clearly, and an extended discussion on portfolio choice and optimal allocation of risk is available. The most important additions are new chapters on infinite-time security markets, exploring, among other topics, the possibility of price bubbles.

Manufacturing Morals

Manufacturing Morals
Author: Michel Anteby
Publisher: University of Chicago Press
Total Pages: 244
Release: 2013-08-28
Genre: Business & Economics
ISBN: 022609250X

Corporate accountability is never far from the front page, and as one of the world’s most elite business schools, Harvard Business School trains many of the future leaders of Fortune 500 companies. But how does HBS formally and informally ensure faculty and students embrace proper business standards? Relying on his first-hand experience as a Harvard Business School faculty member, Michel Anteby takes readers inside HBS in order to draw vivid parallels between the socialization of faculty and of students. In an era when many organizations are focused on principles of responsibility, Harvard Business School has long tried to promote better business standards. Anteby’s rich account reveals the surprising role of silence and ambiguity in HBS’s process of codifying morals and business values. As Anteby describes, at HBS specifics are often left unspoken; for example, teaching notes given to faculty provide much guidance on how to teach but are largely silent on what to teach. Manufacturing Morals demonstrates how faculty and students are exposed to a system that operates on open-ended directives that require significant decision-making on the part of those involved, with little overt guidance from the hierarchy. Anteby suggests that this model—which tolerates moral complexity—is perhaps one of the few that can adapt and endure over time. Manufacturing Morals is a perceptive must-read for anyone looking for insight into the moral decision-making of today’s business leaders and those influenced by and working for them.

This Time Is Different

This Time Is Different
Author: Carmen M. Reinhart
Publisher: Princeton University Press
Total Pages: 513
Release: 2011-08-07
Genre: Business & Economics
ISBN: 0691152640

An empirical investigation of financial crises during the last 800 years.

Finance, Economics, and Mathematics

Finance, Economics, and Mathematics
Author: Oldrich A. Vasicek
Publisher: John Wiley & Sons
Total Pages: 368
Release: 2015-11-24
Genre: Business & Economics
ISBN: 1119186218

The compiled works of the man behind the evolution of quantitative finance Finance, Economics, and Mathematics is the complete Vasicek reference work, including published and unpublished work and interviews with the man himself. The name Oldrich A. Vasicek is synonymous with cutting-edge research in the finance fields, and this book comes straight from the source to bring you the undiluted mother lode of quant wisdom from one of the founders of the field. From his early work in yield curve dynamics, to the mean-reverting short-rate model, to his thoughts on derivatives pricing, to his work on credit risk, to his most recent research on the economics of interest rates, this book represents the life's work of an industry leader. Going beyond the papers, you'll also find the more personal side inspirational as Vasicek talks about the academics and professionals who made lasting impressions and collaborated, debated, and ultimately helped spawn some of his greatest thinking. Oldrich Vasicek has won virtually every important award and prize for his groundbreaking research in quantitative finance. You've followed his work for years; this book puts it all in a single volume to give you the definitive reference you'll turn to again and again. Explore Vasicek's insights on topics he helped create Discover his research and ideas that have gone unpublished—until now Understand yield curves and the Vasicek model from the source himself Gain a reference collection of some of the most influential work in quantitative finance Vasicek's research is the foundation of one of the most important innovations in finance. Quants around the world have been influenced by his ideas, and his status as thought leader is cemented in the annals of finance history. Finance, Economics, and Mathematics is the definitive Vasicek reference every finance professional needs.

Deaths of Despair and the Future of Capitalism

Deaths of Despair and the Future of Capitalism
Author: Anne Case
Publisher: Princeton University Press
Total Pages: 332
Release: 2021-03-02
Genre: Business & Economics
ISBN: 0691217068

A New York Times Bestseller A Wall Street Journal Bestseller A New York Times Notable Book of 2020 A New York Times Book Review Editors’ Choice Shortlisted for the Financial Times and McKinsey Business Book of the Year A New Statesman Book to Read From economist Anne Case and Nobel Prize winner Angus Deaton, a groundbreaking account of how the flaws in capitalism are fatal for America's working class Deaths of despair from suicide, drug overdose, and alcoholism are rising dramatically in the United States, claiming hundreds of thousands of American lives. Anne Case and Angus Deaton explain the overwhelming surge in these deaths and shed light on the social and economic forces that are making life harder for the working class. As the college educated become healthier and wealthier, adults without a degree are literally dying from pain and despair. Case and Deaton tie the crisis to the weakening position of labor, the growing power of corporations, and a rapacious health-care sector that redistributes working-class wages into the pockets of the wealthy. This critically important book paints a troubling portrait of the American dream in decline, and provides solutions that can rein in capitalism's excesses and make it work for everyone.

The Elements of Financial Econometrics

The Elements of Financial Econometrics
Author: Jianqing Fan
Publisher: Cambridge University Press
Total Pages: 394
Release: 2017-03-23
Genre: Business & Economics
ISBN: 1107191173

A compact, master's-level textbook on financial econometrics, focusing on methodology and including real financial data illustrations throughout. The mathematical level is purposely kept moderate, allowing the power of the quantitative methods to be understood without too much technical detail.

Advances in Cross-Section Data Methods in Applied Economic Research

Advances in Cross-Section Data Methods in Applied Economic Research
Author: Nicholas Tsounis
Publisher: Springer Nature
Total Pages: 720
Release: 2020-02-24
Genre: Business & Economics
ISBN: 3030382532

This proceedings volume presents new methods and applications in applied economics with special interest in advanced cross-section data estimation methodology. Featuring select contributions from the 2019 International Conference on Applied Economics (ICOAE 2019) held in Milan, Italy, this book explores areas such as applied macroeconomics, applied microeconomics, applied financial economics, applied international economics, applied agricultural economics, applied marketing and applied managerial economics. International Conference on Applied Economics (ICOAE) is an annual conference that started in 2008, designed to bring together economists from different fields of applied economic research, in order to share methods and ideas. Applied economics is a rapidly growing field of economics that combines economic theory with econometrics, to analyze economic problems of the real world, usually with economic policy interest. In addition, there is growing interest in the field of applied economics for cross-section data estimation methods, tests and techniques. This volume makes a contribution in the field of applied economic research by presenting the most current research. Featuring country specific studies, this book is of interest to academics, students, researchers, practitioners, and policy makers in applied economics, econometrics and economic policy.

The American Political Economy

The American Political Economy
Author: Jacob S. Hacker
Publisher: Cambridge University Press
Total Pages: 487
Release: 2021-11-11
Genre: History
ISBN: 1316516369

Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.

Labor, Capital, and Finance

Labor, Capital, and Finance
Author: Assaf Razin
Publisher: Cambridge University Press
Total Pages: 198
Release: 2001-08-27
Genre: Business & Economics
ISBN: 9780521785570

This treatment offers a model of globalization by examining international labor, finance, and capital flows.

Quantum Field Theory for Economics and Finance

Quantum Field Theory for Economics and Finance
Author: B. E. Baaquie
Publisher: Cambridge University Press
Total Pages: 717
Release: 2018-08-23
Genre: Business & Economics
ISBN: 1108423159

This book provides an introduction to how the mathematical tools from quantum field theory can be applied to economics and finance. Providing a range of quantum mathematical techniques for designing financial instruments, it demonstrates how a range of topics have quantum mechanical formulations, from asset pricing to interest rates.