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Finance - Concordia University Libraries Recent Acquisitions

Titles in the call number range HG (Finance) that were added to the Concordia University Libraries collection in the last 60 days.


  • Cash and dash : how ATMs and computers changed banking / Bernardo Bátiz-Lazo
    HG 1710 B38 2018eb

  • Price-based investment strategies : how research discoveries reinvented technical analysis / Adam Zaremba, Jacob "Koby" Shemer
    HG4521

  • Banking and Monetary Policy from the Perspective of Austrian Economics / Annette Godart-van der Kroon, Patrik Vonlanthen, editors
    HG2974

  • Planet Forex : currency trading in the digital age / Abe Cofnas
    HG3851

  • Enterprise, money and credit in England before the Black Death 1285--1349 / Pamela Nightingale
    HG936

  • Emerging markets megatrends / Rajiv Biswas
    HG5993

  • Credit default swaps : mechanics and empirical evidence on benefits, costs, and inter-market relations / Christopher L. Culp, Andria van der Merwe, Bettina J. Stärkle
    HG6024.A3

  • Islamic finance : ethical underpinnings, products, and institutions / Abul Hassan, Sabur Mollah
    HG3368.A6

  • Bank liquidity and the global financial crisis : the causes and implications of regulatory reform / Laura Chiaramonte
    HG1656.A3*

  • An experimental economic analysis of banker behavior / Martin Hülsen ; with a foreword by Prof. Dr. Marcel Tyrell
    HG 1586 H85 2018eb

  • Crowdfunding : lessons from Japan's approach / Bishnu Kumar Adhikary, Kenji Katsuna, Takaaki Hoda
    HG4751

  • FINANCE AND SUSTAINABILITY proceedings from the finance and sustainability
    HG173

  • Invest Outside the Box Understanding Different Asset Classes and Strategies
    HG4521

  • North-South Globalization and Foreign Direct Investment : Essays in International Economics / Jakob Schwab
    HG3891

  • The creators of inside money : a new monetary theory / D. Gareth Thomas
    HG1573

  • Jacob Schiff and the Art of Risk : American Financing of Japan's War with Russia (1904-1905) / Adam Gower
    HG2463.G685

  • Business Valuation Theory and Practice / by Marco Fazzini
    HG4001

  • Global Approaches in Financial Economics, Banking, and Finance / Hasan Dincer, Ümit Hacioglu, Serhat Yüksel, editors
    HG3881

  • Financial Steering Valuation, KPI Management and the Interaction with IFRS / by Martin Schwarzbichler, Christian Steiner, Daniel Turnheim
    HG4001

  • Plan Your Financial Future : A Comprehensive Guidebook to Growing Your Net Worth / Keith R. Fevurly
    HG179

  • PCI compliance : the definitive guide / Abhay Bhargav
    HG 3755.7 B43 2014

    Although organizations that store, process, or transmit cardholder information are required to comply with payment card industry standards, most find it extremely challenging to comply with and meet the requirements of these technically rigorous standards. PCI Compliance: The Definitive Guide explains the ins and outs of the payment card industry (PCI) security standards in a manner that is easy to understand.

    This step-by-step guidebook delves into PCI standards from an implementation standpoint. It begins with a basic introduction to PCI compliance, including its history and evolution. It then thoroughly and methodically examines the specific requirements of PCI compliance. PCI requirements are presented along with notes and assessment techniques for auditors and assessors.

    The text outlines application development and implementation strategies for Payment Application Data Security Standard (PA-DSS) implementation and validation. Explaining the PCI standards from an implementation standpoint, it clarifies the intent of the standards on key issues and challenges that entities must overcome in their quest to meet compliance requirements.

    The book goes beyond detailing the requirements of the PCI standards to delve into the multiple implementation strategies available for achieving PCI compliance. The book includes a special appendix on the recently released PCI-DSS v 3.0. It also contains case studies from a variety of industries undergoing compliance, including banking, retail, outsourcing, software development, and processors. Outlining solutions extracted from successful real-world PCI implementations, the book ends with a discussion of PA-DSS standards and validation requirements.


  • 101 investment tools for buying low and selling high / Jae K. Shim, Jonathan Lansner
    HG 6041 S485 2001
    More than just an investment dictionary, 101 Investment Tools for Buying Low and Selling High analyzes in a concise style various investment vanes-from stock indexes to measures of affordable housing to leading economic reports.
    Learn what these measures are, who's compiling them, where they are easily found, and how they can, or cannot, be used to guide your investment decisions.
    At your fingertips are fast and reliable explanations of all the everyday terms and tools investors need, each discussed in an easy-to-follow, structured format:
    What is it?
    How is it computed?
    Can you give a example?
    Where is it found?
    How is it applied?
    How is it used for investment decision?
    Are there any words of caution?
    In today's complex climate, understanding and using such investment tools are the keys to success.
    New investment vehicles are introduced almost everyday. 101 Investment Tools for Buying Low and Selling High is your guide to the best financial barometers.

  • Computational actuarial science with R / edited by Arthur Charpentier, University of Quebec at Montreal, Canada
    HG 8781 C637 2015

    A Hands-On Approach to Understanding and Using Actuarial Models

    Computational Actuarial Science with Rprovides an introduction to the computational aspects of actuarial science. Using simple R code, the book helps you understand the algorithms involved in actuarial computations. It also covers more advanced topics, such as parallel computing and C/C++ embedded codes.

    After an introduction to the R language, the book is divided into four parts. The first one addresses methodology and statistical modeling issues. The second part discusses the computational facets of life insurance, including life contingencies calculations and prospective life tables. Focusing on finance from an actuarial perspective, the next part presents techniques for modeling stock prices, nonlinear time series, yield curves, interest rates, and portfolio optimization. The last part explains how to use R to deal with computational issues of nonlife insurance.

    Taking a do-it-yourself approach to understanding algorithms, this book demystifies the computational aspects of actuarial science. It shows that even complex computations can usually be done without too much trouble. Datasets used in the text are available in an R package (CASdatasets).


  • Encyclopedic dictionary of international finance and banking / Jae K. Shim and Michael Constas
    HG 3880 S55 2001
    The Encyclopedic Dictionary of International Finance and Banking is a practical reference of proven techniques, strategies, and approaches. It covers virtually all important topics dealing with multinational business finance, money, investments, financial planning, financial economics, and banking. In addition, it explores the application of computers, quantitative techniques and models, and economics to international finance and banking. You get:
    Clear definitions and explanations
    Step-by-step instructions
    Statistical data, Charts, exhibits, and diagrams
    Checklists
    Practical Applications

    Shim presents the most current information, offers important directives, and explains the technical procedures involved in this dynamic field. This reference gives you the tools you need to diagnose and evaluate the financial situations you face on a daily basis and answers every question you may have. It provides real-life examples and suggestions for handling everyday problems.

    WHAT THIS BOOK WILL DO FOR YOU

    More than a dictionary, more than an encyclopedia, this working guide will help you quickly pinpoint:
    What to look for
    How to do it
    What to watch out for
    How to apply it in the complex world of business
    What to do

    You'll find ratios, formulas, examples, applications, exhibits, charts, and rules of thumb to help you analyze and evaluate any multinational financial decision. You will find this Encyclopedic Dictionary practical, comprehensive, quick, and useful. In short, this is a veritable cookbook of guidelines, illustrations, and how-tos. Encyclopedic Dictionary of International Finance and Banking is the resource you will reach for again and again.

  • PfMP exam practice tests and study guide / Ginger Levin, PMP, PgMP
    HG 4529.5 L48 2014

    Recognizing the importance of portfolio management, the Project Management Institute (PMI®) has launched a new certification entitled the Portfolio Management Professional (PfMP®). PfMP® Exam Practice Tests and Study Guide is the most comprehensive resource available to help you prepare for and pass the PfMP® certification exam. It provides coverage that is current with The Standard for Portfolio Management, Third Edition and the PfMP® Examination Content Outline (ECO), 2013.

    The book consists of five sections, each of which corresponds to one of the five domains described in the ECO . Each section includes study hints, a list of major topics that may be encountered on the exam, and 20 multiple-choice practice questions that illustrate the applicable task from the ECO. Each section also includes an answer sheet and answer key with the rationale for each correct answer and references to the Standard. Supporting references are also listed at the end of the book for each of the domains covered on the exam.

    Written by Dr. Ginger Levin, co-author of best-selling PMP®and PgMP®study guides, the book includes two complete practice tests, each consisting of 170 questions that follow the blueprint of the actual PfMP® exam as described in the ECO . For example--

    25 percent of the questions relate to Strategic Alignment 20 percent relate to Governance 25 percent relate to Portfolio Performance 15 percent relate to Portfolio Risk Management 15 percent relate to Communications Management

    The two accompanying online tests feature a proprietary scoring algorithm to help you determine if you are Proficient, Moderately Proficient, or Below Proficient in each domain. Earning the PfMP® certification is a prestigious accomplishment. By studying this book and using the practice exams provided, you will significantly improve your chances of passing the exam, the first time around.


  • Commodities / edited by M.A.H. Dempster, University of Cambridge and Cambridge Systems Associates Limited, UK; Ke Tang, Tsinghua University, Beijing, China
    HG 6046 C5766 2016

    Since a major source of income for many countries comes from exporting commodities, price discovery and information transmission between commodity futures markets are key issues for continued economic development.

    This book covers the fundamental theory of and derivatives pricing for major commodity markets as well as the interaction between commodity prices, the real economy, and other financial markets. After an extensive theoretical and practical introduction, the book is divided into four parts:

    Oil Products - considers the structural changes in the demand and supply for hedging services that are increasingly determining the price of oil Other Commodities - examines markets related to agricultural commodities, including natural gas, wine, soybeans, corn, gold, silver, copper, and other metals Commodity Prices and Financial Markets - investigates the contemporary aspects of the financialization of commodities, including stocks, bonds, futures, currency markets, index products, and exchange traded funds Electricity Markets - supplies an overview of the current and future modelling of electricity markets

    With contributions from well-known academics and practitioners, this volume includes coverage of the fundamental theory of futures/forwards and derivatives pricing for major commodity markets. The contributions to Sections I and II of this volume, which treat storable or agricultural commodities, take speculation into account through a consideration of markets over time being either in backwardation or contango.

    Up-to-date considerations of both trading and investment are included in Sections I, II, and III. The book also reviews the effects of urbanization and the expanding middle-class population on commodities.


  • An introduction to computational risk management of equity-linked insurance / by Runhuan Feng
    HG 8054.5 F46 2018

    The book will be devoted to quantitative models and computational techniques for risk management of equity-linked insurance. Although there have been research papers on the valuation of a great variety of investment guarantee products, they were primarily based on financial option pricing theory from the policyholders' perspective. This book is aimed at addressing the risk management issues from the insurer and regulator's viewpoints.


  • Random dynamical systems in finance / Anatoliy Swishchuk, Shafiqul Islam
    HG 106 S947 2013

    The theory and applications of random dynamical systems (RDS) are at the cutting edge of research in mathematics and economics, particularly in modeling the long-run evolution of economic systems subject to exogenous random shocks. Despite this interest, there are no books available that solely focus on RDS in finance and economics. Exploring this emerging area, Random Dynamical Systems in Financeshows how to model RDS in financial applications.

    Through numerous examples, the book explains how the theory of RDS can describe the asymptotic and qualitative behavior of systems of random and stochastic differential/difference equations in terms of stability, invariant manifolds, and attractors. The authors present many models of RDS and develop techniques for implementing RDS as approximations to financial models and option pricing formulas. For example, they approximate geometric Markov renewal processes in ergodic, merged, double-averaged, diffusion, normal deviation, and Poisson cases and apply the obtained results to option pricing formulas.

    With references at the end of each chapter, this book provides a variety of RDS for approximating financial models, presents numerous option pricing formulas for these models, and studies the stability and optimal control of RDS. The book is useful for researchers, academics, and graduate students in RDS and mathematical finance as well as practitioners working in the financial industry.


  • Online portfolio selection : principles and algorithms / Bin Li and Steven C.H. Hoi
    HG 4529.5 L5 2016

    With the aim to sequentially determine optimal allocations across a set of assets, Online Portfolio Selection (OLPS) has significantly reshaped the financial investment landscape. Online Portfolio Selection: Principles and Algorithms supplies a comprehensive survey of existing OLPS principles and presents a collection of innovative strategies that leverage machine learning techniques for financial investment.

    The book presents four new algorithms based on machine learning techniques that were designed by the authors, as well as a new back-test system they developed for evaluating trading strategy effectiveness. The book uses simulations with real market data to illustrate the trading strategies in action and to provide readers with the confidence to deploy the strategies themselves. The book is presented in five sections that:

    Introduce OLPS and formulate OLPS as a sequential decision task Present key OLPS principles, including benchmarks, follow the winner, follow the loser, pattern matching, and meta-learning Detail four innovative OLPS algorithms based on cutting-edge machine learning techniques Provide a toolbox for evaluating the OLPS algorithms and present empirical studies comparing the proposed algorithms with the state of the art Investigate possible future directions

    Complete with a back-test system that uses historical data to evaluate the performance of trading strategies, as well as MATLAB®code for the back-test systems, this book is an ideal resource for graduate students in finance, computer science, and statistics. It is also suitable for researchers and engineers interested in computational investment.

    Readers are encouraged to visit the authors' website for updates: http://olps.stevenhoi.org.


  • Quantitative techniques in business, management and finance : a case-study approach / Umeshkumar Dubey, Tulsiramji Gaikwad-Patil College of Engineering & Technology Nagpur, Maharashtra State, India, D P Kothari, S B Jain Institute of Technolog
    HG 4026 K68 2017

    This book is especially relevant to undergraduates, postgraduates and researchers studying quantitative techniques as part of business, management and finance. It is an interdisciplinary book that covers all major topics involved at the interface between business and management on the one hand and mathematics and statistics on the other. Managers and others in industry and commerce who wish to obtain a working knowledge of quantitative techniques will also find this book useful.


  • Statistical portfolio estimation / Masanobu Taniguchi, [and four others]
    HG 176.5 T36 2017

    The composition of portfolios is one of the most fundamental and important methods in financial engineering, used to control the risk of investments. This book provides a comprehensive overview of statistical inference for portfolios and their various applications. A variety of asset processes are introduced, including non-Gaussian stationary processes, nonlinear processes, non-stationary processes, and the book provides a framework for statistical inference using local asymptotic normality (LAN). The approach is generalized for portfolio estimation, so that many important problems can be covered.

    This book can primarily be used as a reference by researchers from statistics, mathematics, finance, econometrics, and genomics. It can also be used as a textbook by senior undergraduate and graduate students in these fields.


  • Statistical methods with applications to demography and life insurance / Estate V. Khmaladze
    HG 8781 K43 2013

    Suitable for statisticians, mathematicians, actuaries, and students interested in the problems of insurance and analysis of lifetimes, Statistical Methods with Applications to Demography and Life Insurancepresents contemporary statistical techniques for analyzing life distributions and life insurance problems. It not only contains traditional material but also incorporates new problems and techniques not discussed in existing actuarial literature.

    The book mainly focuses on the analysis of an individual life and describes statistical methods based on empirical and related processes. Coverage ranges from analyzing the tails of distributions of lifetimes to modeling population dynamics with migrations. To help readers understand the technical points, the text covers topics such as the Stieltjes, Wiener, and Itô integrals. It also introduces other themes of interest in demography, including mixtures of distributions, analysis of longevity and extreme value theory, and the age structure of a population. In addition, the author discusses net premiums for various insurance policies.

    Mathematical statements are carefully and clearly formulated and proved while avoiding excessive technicalities as much as possible. The book illustrates how these statements help solve numerous statistical problems. It also includes more than 70 exercises.


  • R programming and its applications in financial mathematics / Shuichi Ohsaki, Chief Rates Strategist, American Investment Bank, Tokyo, Japan, Jori Ruppert-Felsot, Equity Derivatives Trader, Tokyo, Japan, Daisuke Yoshikawa, Hokkai-Gakuen Univers
    HG 106 O37 2018

    This book provides an introduction to R programming and a summary of financial mathematics.


    It is not always easy for graduate students to grasp an overview of the theory of finance in an abstract form. For newcomers to the finance industry, it is not always obvious how to apply the abstract theory to the real financial data they encounter. Introducing finance theory alongside numerical applications makes it easier to grasp the subject.


    Popular programming languages like C++, which are used in many financial applications are meant for general-purpose requirements. They are good for implementing large-scale distributed systems for simultaneously valuing many financial contracts, but they are not as suitable for small-scale ad-hoc analysis or exploration of financial data. The R programming language overcomes this problem. R can be used for numerical applications including statistical analysis, time series analysis, numerical methods for pricing financial contracts, etc.

    This book provides an overview of financial mathematics with numerous examples numerically illustrated using the R programming language.


  • Introduction to statistical methods for financial models / Thomas A. Severini
    HG 176.5 S49 2017

  • SMACing the bank : how to use social media, mobility, analytics and cloud technologies to transform the business processes of banks and the banking experience / by Balaji Raghunathan and Rajashekara V. Maiya
    HG 1708.7 R34 2018

    The formula for the Future of Work is called SMAC - social, mobile, analytics and cloud on one integrated stack where each function enables another to maximize its effect. This is the new enterprise IT model delivering an organization that is more connective, collaborative, real time and productive. This book provides a comprehensive view of how SMAC Technologies are impacting the entire banking "eco-system" as well as the key stakeholders, namely customers, employees and partners.


  • Introduction to financial models for management and planning / James R. Morris and John P. Daley
    HG 4012.5 M67 2016

  • Insurance technology handbook / edited by Jessica Keyes
    HG 8026.7 I57 2018

  • Financial literacy education : addressing student, business, and government needs / edited by Jay Liebowitz, Harrisburg University of Science and Technology, Pennsylvania, USA; foreword by Nan J. Morrison
    HG 179 F4628 2016

    Today's graduates should be grounded in the basics of personal finance and possess the skills and knowledge necessary to make informed decisions and take responsibility for their own financial well-being. Faced with an array of complex financial services and sophisticated products, many graduates lack the knowledge and skills to make rational, informed decisions on the use of their money and planning for future events, such as retirement.

    This book shows what you can do to improve financial literacy awareness and education. It covers the use of interactive games and tutorials, peer-to-peer mentoring, and financial literacy contests in addition to more formal education. It gives you a sample of approaches and experiences in the financial literacy arena. Divided into three parts, the book covers financial literacy education for grades K-12, college, and post-college.


  • Handbook of solvency for actuaries and risk managers : theory and practice / Arne Sandstrom
    HG 8054.5 S26 2011

    Reflecting the author's wealth of experience in this field, Handbook of Solvency for Actuaries and Risk Managers: Theory and Practicefocuses on the valuation of assets and liabilities, the calculation of capital requirement, and the calculation of the standard formula for the European Solvency II project.

    The first three sections of the book examine the solvency concept, historical development, and the role of solvency in an enterprise risk management approach. The text provides a general discussion on valuation, investment, and capital, along with modeling and measuring. It also covers dependence, risk measures, capital requirements, subrisks, aggregation, the main risks market, and credit, operational, liquidity, and underwriting risks.

    The last three sections focus on the European Solvency II project. Basing the material on CEIOPS final advice, the author presents the general ideas, valuation, investments, and funds of this project as well as the standard formula framework. He also includes all calibrations from previous quantitative impact studies and discusses the political progress of the project.

    A one-stop shop for actuaries and risk managers, this handbook offers a complete overview of solvency and the European Solvency II standard formula. It gives a clear definition and broad historical review of solvency and incorporates a comprehensive discussion of the theory behind the calculation of the capital requirement. Updates on solvency projects and issues are available at www.SolvencyII.nu


  • Capital account liberation : methods and applications / Ying Yirong, Jeffrey Yi-Lin Forrest
    HG 3891 Y57 2015

    Along with the development of economic globalization, many countries have begun to relax their controls on their capital accounts. However, the recent financial crises in Latin American countries as well as the exchange rate crises in Southeast Asian countries have shown that there is major risk associated with capital account liberalization.

    This book details the benefits and risks of capital account liberalization and explains how to take an open-door policy at the appropriate time in order to reduce the risk to the lowest possible level. Supplying a complete mathematical analysis framework for the study of the problem of capital account liberalization, it presents a few important models that have been developed for the study of capital account liberalization.

    Next, the book examines the influence of capital account liberalization on the stability of financial markets by greatly expanding the scope of ordinary differential equation theory to the analysis of local stabilities. It conveys cutting-edge results while providing a general yet simple analysis framework, enriched with practical experiences from developing countries.

    This book applies the theory of limit cycles to the study of problems related to capital account liberalization and discusses the contagion of financial crises among different countries. Many problems related to capital account liberalization are formulated as optimization models, showing the fact that much broader economic issues can be solved by employing optimization methods.

    The book concludes by comparing the contagion effect of financial markets between nations with a relatively high degree of openness with those characterized by a moderate degree of openness. Explaining how to determine optimal capital inflows and outflows, this book provides you with the understanding required to accurately determine the characteristics, backgrounds, causes, and roles of capital account liberalization and relevant capital flows.


  • Statistical methods for financial engineering / Bruno Remillard
    HG 176.7 R46 2013

    While many financial engineering books are available, the statistical aspects behind the implementation of stochastic models used in the field are often overlooked or restricted to a few well-known cases. Statistical Methods for Financial Engineeringguides current and future practitioners on implementing the most useful stochastic models used in financial engineering.

    After introducing properties of univariate and multivariate models for asset dynamics as well as estimation techniques, the book discusses limits of the Black-Scholes model, statistical tests to verify some of its assumptions, and the challenges of dynamic hedging in discrete time. It then covers the estimation of risk and performance measures, the foundations of spot interest rate modeling, Lévy processes and their financial applications, the properties and parameter estimation of GARCH models, and the importance of dependence models in hedge fund replication and other applications. It concludes with the topic of filtering and its financial applications.

    This self-contained book offers a basic presentation of stochastic models and addresses issues related to their implementation in the financial industry. Each chapter introduces powerful and practical statistical tools necessary to implement the models. The author not only shows how to estimate parameters efficiently, but he also demonstrates, whenever possible, how to test the validity of the proposed models. Throughout the text, examples using MATLAB®illustrate the application of the techniques to solve real-world financial problems. MATLAB and R programs are available on the author's website.


  • Project management for performance improvement teams / authored by William S. Ruggles and H. James Harrington
    HG 4529.5 R84 2018

    Project Management for Performance Improvement Teams(or, PM4PITs, for short) provides practical guidance based on innovative concepts for project teams -- especially Performance Improvement Teams (PITs)--and their Project Managers on how to successfully complete individual projects and programs using an ingenious and scalable framework based on an innovative foundation fusing together elements of Project Management, Innovation Management, and Continual Improvement. This book lays out how Project and Program Managers and their teams can "do those right projects the right way," one project at a time.

    It details what continual improvement, change, and innovation are, why they are so important, and how they apply to performance improvement--both incremental and transformative. The authors examine the four types of work and workforce management in organizations, Strategic, Operations, Projects, and Crises, using four common comparative variables: Proactive/Preventive versus Reactive/Corrective, Temporary/Unique versus Ongoing/Repetitive, Innovative versus Maintaining the Status Quo, and Schedule Focus: Fiscal Year versus Short Term versus Long Term. These comparisons set the stage for the uniqueness of the third type: Projects (and Programs) that are fundamentally change-driven.


  • Financial and actuarial statistics : an introduction / Dale S. Borowiak
    HG 176.5 B67 2003

    Understand Up-to-Date Statistical Techniques for Financial and Actuarial Applications

    Since the first edition was published, statistical techniques, such as reliability measurement, simulation, regression, and Markov chain modeling, have become more prominent in the financial and actuarial industries. Consequently, practitioners and students must acquire strong mathematical and statistical backgrounds in order to have successful careers.

    Financial and Actuarial Statistics: An Introduction, Second Editionenables readers to obtain the necessary mathematical and statistical background. It also advances the application and theory of statistics in modern financial and actuarial modeling. Like its predecessor, this second edition considers financial and actuarial modeling from a statistical point of view while adding a substantial amount of new material.

    New to the Second Edition

    Nomenclature and notations standard to the actuarial field Excel exercises with solutions, which demonstrate how to use Excel functions for statistical and actuarial computations Problems dealing with standard probability and statistics theory, along with detailed equation links A chapter on Markov chains and actuarial applications Expanded discussions of simulation techniques and applications, such as investment pricing Sections on the maximum likelihood approach to parameter estimation as well as asymptotic applications Discussions of diagnostic procedures for nonnegative random variables and Pareto, lognormal, Weibull, and left truncated distributions Expanded material on surplus models and ruin computations Discussions of nonparametric prediction intervals, option pricing diagnostics, variance of the loss function associated with standard actuarial models, and Gompertz and Makeham distributions Sections on the concept of actuarial statistics for a collection of stochastic status models

    The book presents a unified approach to both financial and actuarial modeling through the use of general status structures. The authors define future time-dependent financial actions in terms of a status structure that may be either deterministic or stochastic. They show how deterministic status structures lead to classical interest and annuity models, investment pricing models, and aggregate claim models. They also employ stochastic status structures to develop financial and actuarial models, such as surplus models, life insurance, and life annuity models.


  • A systems perspective on financial systems / Jeffrey Yi-Lin Forrest, College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing, China Department of Mathematics, Slippery Rock University, Slippery Rock, PA, USA
    HG 173 L56 2014

    This book is devoted to a systems-theoretical presentation of the main results of applying the systemic yoyo model and relevant analytical tools to the topics of money and financial institutions. The author presents the main concepts and results of the subject matter in the language of systems science, which has in the past century prompted revolutionary applicati ons of systems research in various subfields of traditional disciplines. This volume applies a brand new logic of reasoning to some of the unsett led problems in the area of money and banking. Due to the particular systemic approach employed, the reader will be able to see how different economic activities are implicitly related to each other and how financial decisions are holistically made in reference to seemingly unrelated events. That is, the learning of this particular subject matter takes place at a different, more elevated level, from which, among others, economies are respectively seen as both closed and open systems; their interactions emulate those of rotational pools of fluids.

    This book can be used as a textbook for researchers and graduate students in economics, finance, systems science, and mathematical / systems modeling. It will also be useful as a reference book for applied economists and various policy makers.


  • Stochastic financial models / Douglas Kennedy
    HG 4515.2 K46 2010

    Filling the void between surveys of the field with relatively light mathematical content and books with a rigorous, formal approach to stochastic integration and probabilistic ideas,Stochastic Financial Modelsprovides a sound introduction to mathematical finance. The author takes a classical applied mathematical approach, focusing on calculations rather than seeking the greatest generality.

    Developed from the esteemed author's advanced undergraduate and graduate courses at the University of Cambridge, the text begins with the classical topics of utility and the mean-variance approach to portfolio choice. The remainder of the book deals with derivative pricing. The author fully explains the binomial model since it is central to understanding the pricing of derivatives by self-financing hedging portfolios. He then discusses the general discrete-time model, Brownian motion and the Black-Scholes model. The book concludes with a look at various interest-rate models. Concepts from measure-theoretic probability and solutions to the end-of-chapter exercises are provided in the appendices.

    By exploring the important and exciting application area of mathematical finance, this text encourages students to learn more about probability, martingales and stochastic integration. It shows how mathematical concepts, such as the Black-Scholes and Gaussian random-field models, are used in financial situations.


  • Making people pay / Paul Rock
    HG 3752.7 G7R63 2013

    First published in 1973, this book offers a fascinating and systematic description of the debt-collection process in 1970s England. Basing his research on the words of creditors, debtors, solicitors and debt-collectors, Paul Rock's research was conducted when imprisonment for debt was still in existence. The book covers the major stages in a defaulter's career, from enforcement by his creditors and the work of the debt-collector, through the various processes of the law, often to a period of imprisonment. Particular attention is given to the attempts made by debt-collectors to manage an unusual form of deviance and the consequences of their actions.


  • Equity-linked life insurance : partial hedging methods / Alexander Melnikov and Amir Nosrati
    HG 8850.5 M45 2018

    This book focuses on the application of the partial hedging approach from modern math finance to equity-linked life insurance contracts. It provides an accessible, up-to-date introduction to quantifying financial and insurance risks. The book also explains how to price innovative financial and insurance products from partial hedging perspectives. Each chapter presents the problem, the mathematical formulation, theoretical results, derivation details, numerical illustrations, and references to further reading.


  • International case studies in asset management / edited by Chris Lloyd
    HG4529.5 .I577 2012eb

  • International case studies in asset management / edited by Chris Lloyd
    HG4529.5 .I577 2012eb

  • Asset management : whole-life management of physical assets / edited by Chris Lloyd
    HG 4529.5 A87 2010eb

  • At war with the weather : managing large-scale risks in a new era of catastrophes / Howard C. Kunreuther and Erwann O. Michel-Kerjan with Neil A. Doherty [and others]
    HG 9979.3 K86 2009eb

    Innovative, long-term strategies for reducing vulnerability to large-scale natural disasters and for providing financial support for disaster victims.

    The United States and other nations are facing large-scale risks at an accelerating rhythm. In 2005, three major hurricanes--Katrina, Rita, and Wilma--made landfall along the U.S. Gulf Coast within a six-week period. The damage caused by these storms led to insurance reimbursements and federal disaster relief of more than $180 billion--a record sum. Today we are more vulnerable to catastrophic losses because of the increasing concentration of population and activities in high-risk coastal regions of the country. The question is not whether but when, and how frequently, future catastrophes will strike and the extent of damages they will cause. Who should pay the costs associated with catastrophic losses suffered by homeowners in hazard-prone areas?

    In At War with the Weather , Howard Kunreuther and Erwann Michel-Kerjan with their colleagues deliver a groundbreaking analysis of how we currently mitigate, insure against, and finance recovery from natural disasters in the United States. They offer innovative, long-term solutions for reducing losses and providing financial support for disaster victims that define a coherent strategy to assure sustainable recovery from future large-scale disasters. The amount of data collected and analyzed and innovations proposed make this the most comprehensive book written on these critical issues in the past thirty years.


  • Managing technology in the operations function / David Loader and Graeme Biggs
    HG 173 L63 2002eb
    'Managing Technology in The Operations Function' looks at issues in technology from the operations function rather than from an IT perspective. It explores the use of technology for processing, provision of client services, risk management and business management. The authors analyse the benefits of straight through processing and the practical implications of managing technology products in operations. System risk and opportunities are explored and case studies are examined along with industry trends to assess upcoming developments and their impacts. The use of technology is one of the key drivers of growth in the volumes of business in the financial markets today. The impact that technology has had, and is still having in the operations function is truly substantial. Technology now reaches into just about every aspect of the business. Electronic trading, messaging systems, and information distribution have created a global market that is, relatively speaking, instantly accessible and available. For operations this manifests itself in two ways: the automation of processes and the automation of information gathering and distribution. For operations managers this period of change has elevated the function from a pure support service into a dynamic revenue protector/generator, with a heavy client service and risk management focus. The reliance on technology to drive this progression forward and to meet the challenge is therefore of crucial consideration for the operations manager. The challenge for the operations teams and managers is to embrace technology and maximize the use of this vital and powerful tool within the business. A failure to do so will inevitably have a negative impact on the operations function and ultimately damage the whole business. The definitive series of professional references for those finance professionals concerned with "Back office" or operations management unique to this industry. Presents concise references on the essential management functions such as technology, client services, and risk management for financial operations management professionals.A comprehensive resource from a leading financial management consultant for global banks and institutions. DMS has also developed a wide range of financial management courses, materials and programs over the last seven years.

  • A manager's guide to financial analysis : powerful tools for analyzing the numbers and making the best decisions for your business / Eliot H. Sherman
    HG179.5

  • Finance for IT decision makers : a practical handbook / Michael Blackstaff
    HG 4026 B53 2012eb
    Finance is as fundamental to the IT world as it is to most other aspects of life. However, many IT professionals lack knowledge of the particular financial principles on which decisions about IT should be based. Assuming no prior knowledge, this new edition covers all relevant aspects of finance and is updated with International Financial Reporting Standards (IFRS) terminology. It is ideal for all IT decision makers who wish to conquer their fear of finance or refresh existing knowledge.

  • Financial management for non-financial managers / Clive Marsh
    HG 4026 M3647 2012eb

    Financial Management for Non-Financial Managers is an accessible, practical and easy to understand guide that will allow any manager to gain confidence in understanding financial matters, managing a budget and dealing with bankers, accountants and finance professionals.

    A source of invaluable expert advice on all the essential aspects of financial management within the context of running a business, it covers: business structures, accounting and financial statements, analysis and ratios, planning, budgeting, product and service costing, setting selling prices, investment appraisal, finance and working capital, taxation and international transactions. This book explains financial literacy in the context of management, showing how improved awareness of finances can lead to increased value creation and protection for your business. Aimed at the practicing business manager, Financial Management for Non-Financial Managers includes case studies, spreadsheets and worked examples to accompany key skills and practices explained in the book.

    Online supporting resources for this book online template spreadsheets for planning, budgeting and variance analysis.


  • Fundamentals of enterprise risk management : how top companies assess risk, manage exposures, and seize opportunities / John J. Hampton
    HG 4026 H274 2009eb
    Using examples from companies such as Home Depot, Airbus, Boeing, and Nokia, Fundamentals of Enterprise Risk Management takes a fresh look at one of the hottest topics in business today. Showing readers in charge of monitoring operational exposures in corporations, nonprofit organizations, and government agencies how they can best determine and balance opportunities against the possibilities of loss, this book provides clear strategies to help readers: * recognize both internal and external exposures * understand important concepts such as risk mapping and risk identification * recognize the weaknesses of current ERM systems * align risk opportunities with their organization's business model * stay in line with Sarbanes-Oxley compliance The book introduces innovative new concepts such as hierarchical risk structures, alignment of risks with the business model, creation of a central risk function, and the role of an ERM knowledge warehouse. Featuring enlightening case studies and practical exercises, this essential book shows readers how they can implement ERM the right way at their organizations.

  • Project valuation using real options : a practitioner's guide / Prasad Kodukula, Chandra Papudesu
    HG 6042 K62 2006eb

  • Smart financial management : the essential reference for the successful small business / William W. Sihler, Richard D. Crawford, and Henry A. Davis
    HG 4027.7 S5 2004eb

    "Long on practical guidance while refreshingly short on math, " Smart Financial Management" helps owners and managers of small businesses solve everyday financial dilemmas and avoid potential problems. Readers will learn valuable and practical financial analysis techniques, as well as how to project future financial needs and identify possible sources of funding; manage receivables, inventory and equipment investments; and how to structure and develop the business soundly and legally. In addition, they'll:

    * Gain an understanding of the financial challenges unique to a growing enterprise -- and how to meet them

    * Improve communications with financial and legal advisors

    * Learn to identify new sources of equity and nonequity capital

    With a field-focused methodology and user-friendly tools, "Smart Financial Management" will help any small business manage its requirements more effectively."


  • Corporate finance / Jonathan Berk, Stanford University, Peter DeMarzo, Stanford University, David Stangeland, University of Manitoba
    HG 4026 B48 2019

  • Financializing poverty : labor and risk in Indian microfinance / Sohini Kar
    HG 178.33 I4 K37 2018

    Microfinance is the business of giving small, collateral-free loans to poor borrowers that are paid back in frequent intervals with interest. While these for-profit microfinance institutions (MFIs) promise social and economic empowerment, they have mainly succeeded at enfolding the poor--especially women--into the vast circuits of global finance. Financializing Poverty ethnographically examines how the emergence of MFIs has allowed financial institutions in the city of Kolkata, India, to capitalize on the poverty of its residents.

    This book reveals how MFIs have restructured debt relationships in new ways. On the one hand, they have opened access to new streams of credit. However, as the network of finance increasingly incorporates the poor, the "inclusive" dimensions of microfinance are continuously met with rigid forms of credit risk management that reproduce the very inequality the loans are meant to alleviate. Moreover, despite being collateral-free loans, the use of life insurance to manage the high mortality rates of poor borrowers has led to the collateralization of life itself. Thus the newfound ability of the poor to use MFI loans has entrapped them in a system dependent not only on their circulation of capital, but on the poverty that threatens their lives.


  • Financial citizenship : experts, publics, and the politics of central banking / Annelise Riles
    HG 1811 R55 2018

    Government bailouts; negative interest rates and markets that do not behave as economic models tell us they should; new populist and nationalist movements that target central banks and central bankers as a source of popular malaise; new regional organizations and geopolitical alignments laying claim to authority over the global economy; households, consumers, and workers facing increasingly intolerable levels of inequality: These dramatic conditions seem to cry out for new ways of understanding the purposes, roles, and challenges of central banks and financial governance more generally. Financial Citizenship reveals that the conflicts about who gets to decide how central banks do all these things, and about whether central banks are acting in everyone's interest when they do them, are in large part the product of a culture clash between experts and the various global publics that have a stake in what central banks do.

    Experts--central bankers, regulators, market insiders, and their academic supporters--are a special community, a cultural group apart from many of the communities that make up the public at large. When the gulf between the culture of those who govern and the cultures of the governed becomes unmanageable, the result is a legitimacy crisis. This book is a call to action for all of us--experts and publics alike--to address this legitimacy crisis head on, for our economies and our democracies.


  • Fondaction, un fonds pleinement engagé dans la finance socialement responsable / sous la direction de Benoît Lévesque ; avec la collaboration de Michel Rioux
    HG 5160 Q8F66 2017eb

  • L'argent dans la culture moderne et autres essais sur l'économie de la vie / Georg Simmel ; textes choisis et présentés par Alain Deneault
    HG 221 S592 2018eb

  • Financial literacy : empowerment in the stock market / Ali Saeedi, Meysam Hamedi
    HG179

  • Corporate Financial Distress : Going Concern Evaluation in Both International and U.S. Contexts / Marisa Agostini
    HG3761

  • Old-age provision and homeownership : fiscal incentives and other public policy options
    HG179

  • Internationalization of banks : European cross-border deals
    HG3881

  • Risk theory / Hanspeter Schmidli
    HG8054.5

  • Financial theory and corporate policy / Thomas E. Copeland, J. Fred Weston, Kuldeep Shastri
    HG 4011 C833 2014

    This classic textbook in the field, now completely revised and updated, provides a bridge between theory and practice. Appropriate for the second course in Finance for MBA students and the first course in Finance for doctoral students, the text prepares students for the complex world of modern financial scholarship and practice. It presents a unified treatment of finance combining theory, empirical evidence and applications.


  • Financial Decision-Making for Engineers / Colin K. Drummond
    HG 4012.5 D78 2018
    A much-needed practical guide, particularly suited for readers with engineering or science backgrounds, that provides the financial decision-making skills needed in the business world​

    For engineers with little or no business background this book provides the financial decision-making skills necessary for a management career. Based on materials used by students in a Masters of Engineering and Management program at Case Western Reserve University and informed by both classroom and industry experience, this essential guide can be used in courses or independent study. The chapters introduce and integrate key concepts relevant to basic management, accounting, and finance that will enhance the critical thinking and confidence necessary for success as a chief technology officer or in any business career.

  • Online philanthropy in the global north and south : connecting, microfinancing, and gaming for change / Radhika Gajjala
    HG 178.3 G35 2018

    Online Philanthropy in the Global North and South: Connecting, Microfinancing, and Gaming for Change offers a critical examination how online philanthropy operates through digital connectivity, affective networks of well-meaning digital givers, and the commodification of poverty through what is conceptualized as the "digital subaltern." Chapters examine a range of online philanthropy settings such as online microfinance platforms and games for change, with case studies revealing unseen problems in how digital inclusion and financialization are attempted through the joint forces of NGOization and ITization.


  • The ImpactAssets handbook for investors : generating social and environmental value through capital investing / edited by Jed Emerson
    HG 4515.13 I53 2017

    "The ImpactAssets Handbook for Investors" offers an introductory overview for investors interested in generating financial returns with the creation of social and environmental impact. In addition to discussions of portfolio structure and strategy, the handbook offers an overview of due diligence necessary to assess potential investments, a discussion of communications and performance measurement issues and other factors key to managing capital for multiple returns. While not an "answer book," "The ImpactAssets Handbook for Investors", with contributions from some of the field's leading experts in impact investing, offers practical insights and presents critical questions every investor should consider in creating an investment strategy and executing the deployment of investment capital.


  • Regulation of the London Stock Exchange : share trading, fraud and reform 1914-1945 / Chris Swinson
    HG 4577 S95 2018

    In 1914, the notion of statutory regulation of trading in shares was anathema to both the Government and the London Stock Exchange. By 1945, a statutory scheme of regulation had been introduced. This book serves to:

    Track the steps by which this outcome came about, Explain why the Exchange felt obliged in the process to abandon long-cherished policies, Analyse the forces which led to it, and Account for the form in which it was implemented.

    Throughout the period, the attitudes of both the Stock Exchange and Government were affected by widening interest in share ownership, the increasing tendency for business interests to look to the Exchange for long-term finance, and the increasing challenge of financing the Government's expenditure. At a disaggregated level, the market was able to respond to changing circumstances taking advantages of opportunities and weaknesses. At an aggregated level, the Exchange was not able to foresee the implications of change or to forestall unfortunate consequences. This exposed the weakness of the criminal justice system and its failure to serve as a deterrent for abuse.

    This study, the only book to take full account of the documents held by the National Archives in relation to the Bodkin Committee, examines the stages by which share trading in the United Kingdom came to be a statutorily regulated activity and by which the London Stock Exchange moved from being antagonistic towards public regulation in 1914 to lobbying in 1944 for the new scheme to be implemented.


  • Economic literacy and money illusion : an experimental perspective / Helena Chytilova
    HG 220 A2 C49 2018

    The concept of money illusion, a recently resurrected phenomenon of behavioral economics, is a real fact of economic life, the potential role of which should no longer be dismissed. Despite money illusion being utterly suppressed by mainstream economists, small deviations from rationality, together with trends in behavioral economics, alleviate the denial of money illusion induced by the rational expectations revolution. This book argues that money illusion seems to be a ubiquitous phenomenon, affecting various areas such as financial markets, housing markets, labor markets, consumption-saving decisions, and even development at the aggregate level induced by coordination issues. Furthermore, in light of the educational efforts of central banks and other institutions, it is worth considering whether solid economic training would provide guidance for the public regarding their decision-making and thereby alleviate the effects of money illusion. The emerging field of experimental economics provides a unique opportunity for us to verify the presence of money illusion. Specifically, attention is devoted to the experimental investigation of reduction in the direct and indirect effects of money illusion with respect to the level of economic literacy acquired through economic education.

    Economic Literacy and Money Illusion will be of interest to the general audience and to those who are interested in behavioral economics, economics education, and experimental economics, as well as to policy makers and institutions. Last but not least, it will help develop students' interest in alternative economic theories.

    NB. The research and writing of this book was made possible with the support of the University of Economics, Prague, Faculty of Economics, Department of Economics.


  • Banking on markets : the transformation of bank-state ties in Europe and beyond / Rachel A. Epstein
    HG 2974 E78 2017
    States and banks have traditionally maintained close ties. At various points in time, states have used banks to manage their economies and soak up government debt, while banks enjoyed regulatory forbearance, restricted competition, and implicit or explicit guarantees from their home markets.The political foundations of banks have thus been powerful and enduring, with actors on both sides of the aisle reluctant to sever relations. The central argument of this book, however, is that in the world's largest integrated market, Europe, the traditional political ties between states and banks have been transformed. Specifically, through a combination of post-communist transition, monetary union, and economic crisis, states in Europeno longer wield preponderant influence over their banks. Banking on Markets explains why we have witnessed the radical denationalization of this politically vital sector, as well as the consequences for economic volatility and policy autonomy. The findings in Europe have implications for other worldregions, which, to varying degrees, have also experienced intensified pressure on their traditional models of domestic political control over finance.Through an investigation of foreign bank behavior in economic crises, the developmental consequences of political control over banks and the emergence of European Banking Union in the Eurozone, the book advances three main findings. First is that foreign bank ownership need not necessarily lead toeconomic vulnerability of host states. Second is that marketized bank-state ties do, however, limit pathways to catching up in the global economy. And third is that European Banking Union has strengthened the euro's credibility while cutting down substantially on Eurozone member states' economicpolicy discretion. This book details the intense political struggles that have underpinned all three outcomes.

  • A matter of trust : the practice of ethics in finance / Paul Kofman & Clare Payne
    HG 103 K64 2017
    From the marble trading floors of Wall Street to the dirt floor of a microfinance lender in rural Sumatra, finance touches everybody's lives. From small personal loans to collateralised debt obligations, it promises solutions for a better, more prosperous future. But not much in life is guaranteed, and financial outcomes may not match consumer expectations. When trust between practitioners and their clients is undermined it threatens the very fabric of our financial system. The result can be personal disappointment, but the financial crisis of 2007-08 highlighted how we can all be affected when economies are jeopardised by financial mismanagement. A Matter of Trust explores how the finance sector can stand as a true profession and provides a practical guide to make everyday business decisions in an ethically sound way.

  • Applied investment theory : how markets and investors behave, and why / Les Coleman
    HG 4515

    Institutions now dominate trading in equities around the world. Mutual funds are the most prominent, and doubly important as custodians of retirement savings. Despite this, there is no comprehensive description of fund manager behaviour, much less a matching theory. This is troubling because one of the most economically significant puzzles in finance is why experienced, well-resourced fund managers cannot outperform the market.

    Applied Investment Theory: How Equity Markets Behave, and Why brings together academic research, empirical evidence and real market experience to provide new insights into equity markets and their behaviours. The book draws upon the author's rich industry experience and academic research, plus over 40 interviews with fund managers on three continents and across different markets. The result is an innovative model that explains the puzzle of poor performance by mutual funds in terms of structural features of markets, the managed investment industry, and the conduct of fund managers.

    This book provides a fully integrated depiction of what markets and investors do, and why - insights that will resonate with the needs of investors, wealth managers and industry regulators. It is fully documented, but free of jargon and arcane math, and provides a grounded theory that is relevant to anyone who wants to pierce the opacity of mutual fund operations. Applied Investment Theory sets out a new paradigm in investment that is at the forefront of what should be an industrial-scale development of new finance theory following two decades of almost back-to-back financial crises.


  • Fundamentals of corporate finance / Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan
    HG 4026 R677 2000
page last updated on: Tuesday 18 September 2018
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