Read Books Online and Download eBooks, EPub, PDF, Mobi, Kindle, Text Full Free.
Download Financial Aggregation And Index Number Theory full books in PDF, epub, and Kindle. Read online Financial Aggregation And Index Number Theory ebook anywhere anytime directly on your device. Fast Download speed and no annoying ads. We cannot guarantee that every ebooks is available!
Author :
Publisher :
ISBN 13 : 9814465941
Total Pages : pages
Book Rating : 4.8/5 (144 download)
Download or read book Financial Aggregation and Index Number Theory written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : William A. Barnett
Publisher : World Scientific
ISBN 13 : 9814293091
Total Pages : 278 pages
Book Rating : 4.8/5 (142 download)
Download or read book Financial Aggregation and Index Number Theory written by William A. Barnett and published by World Scientific. This book was released on 2011 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book surveys modern literature on financial aggregation and index number theory, with special emphasis on the contributions of the book's two coauthors. In addition to an introduction and a systematic survey chapter unifying the rest of the book, this publication contains reprints of six published articles central to the survey chapter. Financial Aggregation and Index Number Theory provides a reference work for financial data researchers and users of central bank data, placing emphasis on possible improvements in such data from use of the microeconomic index number and aggregation theory.
Author : Mick Silver
Publisher : International Monetary Fund
ISBN 13 : 145187166X
Total Pages : 22 pages
Book Rating : 4.4/5 (518 download)
Download or read book An Index Number Formula Problem written by Mick Silver and published by International Monetary Fund. This book was released on 2009-01-01 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Index number theory informs us that if data on matched prices and quantities are available, a superlative index number formula is best to aggregate heterogeneous items, and a unit value index to aggregate homogeneous ones. The formulas can give very different results. Neglected is the practical case of broadly comparable items. This paper provides a formal analysis as to why such formulas differ and proposes a solution to this index number problem.
Author : William A. Barnett
Publisher : MIT Press
ISBN 13 : 0262300567
Total Pages : 357 pages
Book Rating : 4.2/5 (623 download)
Download or read book Getting it Wrong written by William A. Barnett and published by MIT Press. This book was released on 2011-12-16 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading economist contends that the recent financial crisis was caused not by the failure of mainstream economics but by corrupted monetary data constructed without reference to economics. Blame for the recent financial crisis and subsequent recession has commonly been assigned to everyone from Wall Street firms to individual homeowners. It has been widely argued that the crisis and recession were caused by “greed” and the failure of mainstream economics. In Getting It Wrong, leading economist William Barnett argues instead that there was too little use of the relevant economics, especially from the literature on economic measurement. Barnett contends that as financial instruments became more complex, the simple-sum monetary aggregation formulas used by central banks, including the U.S. Federal Reserve, became obsolete. Instead, a major increase in public availability of best-practice data was needed. Households, firms, and governments, lacking the requisite information, incorrectly assessed systemic risk and significantly increased their leverage and risk-taking activities. Better financial data, Barnett argues, could have signaled the misperceptions and prevented the erroneous systemic-risk assessments. When extensive, best-practice information is not available from the central bank, increased regulation can constrain the adverse consequences of ill-informed decisions. Instead, there was deregulation. The result, Barnett argues, was a worst-case toxic mix: increasing complexity of financial instruments, inadequate and poor-quality data, and declining regulation. Following his accessible narrative of the deep causes of the crisis and the long history of private and public errors, Barnett provides technical appendixes, containing the mathematical analysis supporting his arguments.
Author :
Publisher : Springer
ISBN 13 : 1349588024
Total Pages : 7493 pages
Book Rating : 4.3/5 (495 download)
Download or read book The New Palgrave Dictionary of Economics written by and published by Springer. This book was released on 2016-05-18 with total page 7493 pages. Available in PDF, EPUB and Kindle. Book excerpt: The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.
Author : Steven Durlauf
Publisher : Springer
ISBN 13 : 0230280854
Total Pages : 384 pages
Book Rating : 4.2/5 (32 download)
Download or read book Monetary Economics written by Steven Durlauf and published by Springer. This book was released on 2016-04-30 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Specially selected from The New Palgrave Dictionary of Economics 2nd edition, each article within this compendium covers the fundamental themes within the discipline and is written by a leading practitioner in the field. A handy reference tool.
Author : W.A. Barnett
Publisher : Elsevier Science Limited
ISBN 13 : 9780444501196
Total Pages : 712 pages
Book Rating : 4.5/5 (11 download)
Download or read book The Theory of Monetary Aggregation written by W.A. Barnett and published by Elsevier Science Limited. This book was released on 2000-06-30 with total page 712 pages. Available in PDF, EPUB and Kindle. Book excerpt: William Barnett, the coeditor of this volume, introduced modern economic index number theory into monetary economics and this book comprises a focussed and unified collection of his most important publications in this area. It provides a clear and systematic development of the state-of-the-art in monetary and financial aggregation theory.
Author : Fredj Jawadi
Publisher : Emerald Group Publishing
ISBN 13 : 1781904006
Total Pages : 347 pages
Book Rating : 4.7/5 (819 download)
Download or read book Recent Developments in Alternative Finance written by Fredj Jawadi and published by Emerald Group Publishing. This book was released on 2012-11-28 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the global financial crisis began in 2008-2009, there has been a strong decline in financial markets and investment. Alternative finance presents challenges intended to stimulate investment and promote economic growth and development. This volume aims to provide the reader an understanding of alternative finance in its various forms.
Author : Robert A. Cord
Publisher : Oxford University Press
ISBN 13 : 0191009423
Total Pages : 832 pages
Book Rating : 4.1/5 (91 download)
Download or read book Milton Friedman written by Robert A. Cord and published by Oxford University Press. This book was released on 2016-05-20 with total page 832 pages. Available in PDF, EPUB and Kindle. Book excerpt: Milton Friedman is widely regarded as one of the most influential economists of the twentieth century. Although he made many important contributions to both economic theory and policy - most clearly demonstrated by his development of and support for monetarism - he was also active in various spheres of public policy, where he more often than not pursued his championing of the free market and liberty. This volume assesses the importance of the full range of Friedman's ideas, from his work on methodology in economics, his highly innovative consumption theory, and his extensive research on monetary economics, to his views on contentious social and political issues such as education, conscription, and drugs. It also presents personal recollections of Friedman by some of those who knew him, both as students and colleagues, and offers new evidence on Friedman's interactions with other noted economists, including George Stigler and Lionel Robbins. The volume provides readers with an up to date account of Friedman's work and continuing influence and will help to inform and stimulate further research across a variety of areas, including macroeconomics, the history of economic thought, as well as the development and different uses of public policy. With contributions from a stellar cast, this book will be invaluable to academics and students alike.
Author : Michael I. C. Nwogugu
Publisher : Springer
ISBN 13 : 113744701X
Total Pages : 696 pages
Book Rating : 4.1/5 (374 download)
Download or read book Indices, Index Funds And ETFs written by Michael I. C. Nwogugu and published by Springer. This book was released on 2019-03-09 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indices, index funds and ETFs are grossly inaccurate and inefficient and affect more than €120 trillion worth of securities, debts and commodities worldwide. This book analyzes the mathematical/statistical biases, misrepresentations, recursiveness, nonlinear risk and homomorphisms inherent in equity, debt, risk-adjusted, options-based, CDS and commodity indices – and by extension, associated index funds and ETFs. The book characterizes the “Popular-Index Ecosystems,” a phenomenon that provides artificial price-support for financial instruments, and can cause systemic risk, financial instability, earnings management and inflation. The book explains why indices and strategic alliances invalidate Third-Generation Prospect Theory (PT3), related approaches and most theories of Intertemporal Asset Pricing. This book introduces three new decision models, and some new types of indices that are more efficient than existing stock/bond indices. The book explains why the Mean-Variance framework, the Put-Call Parity theorem, ICAPM/CAPM, the Sharpe Ratio, Treynor Ratio, Jensen’s Alpha, the Information Ratio, and DEA-Based Performance Measures are wrong. Leveraged/inverse ETFs and synthetic ETFs are misleading and inaccurate and non-legislative methods that reduce index arbitrage and ETF arbitrage are introduced.
Author : C. James Hueng
Publisher : W.E. Upjohn Institute
ISBN 13 : 0880996765
Total Pages : 133 pages
Book Rating : 4.8/5 (89 download)
Download or read book Alternative Economic Indicators written by C. James Hueng and published by W.E. Upjohn Institute. This book was released on 2020-09-08 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policymakers and business practitioners are eager to gain access to reliable information on the state of the economy for timely decision making. More so now than ever. Traditional economic indicators have been criticized for delayed reporting, out-of-date methodology, and neglecting some aspects of the economy. Recent advances in economic theory, econometrics, and information technology have fueled research in building broader, more accurate, and higher-frequency economic indicators. This volume contains contributions from a group of prominent economists who address alternative economic indicators, including indicators in the financial market, indicators for business cycles, and indicators of economic uncertainty.
Author : Dan Usher
Publisher : University of Chicago Press
ISBN 13 : 0226843025
Total Pages : 570 pages
Book Rating : 4.2/5 (268 download)
Download or read book The Measurement of Capital written by Dan Usher and published by University of Chicago Press. This book was released on 2008-04-15 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: How is real capital measured by government statistical agencies? How could this measure be improved to correspond more closely to an economist's ideal measure of capital in economic analysis and prediction? It is possible to construct a single, reliable time series for all capital goods, regardless of differences in vintage, technological complexity, and rates of depreciation? These questions represent the common themes of this collection of papers, originally presented at a 1976 meeting of the Conference on Income and Wealth.
Author : The American Statistical Association
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4./5 ( download)
Download or read book Journal of Business & Economic Statistics Volume 12.Number 1. January,1994 written by The American Statistical Association and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 604 pages
Book Rating : 4.:/5 (31 download)
Download or read book Monthly Report on General Business and Agricultural Conditions in Federal Reserve District No. 8 written by and published by . This book was released on 1994 with total page 604 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Bert M. Balk
Publisher : Cambridge University Press
ISBN 13 : 1107404967
Total Pages : 301 pages
Book Rating : 4.1/5 (74 download)
Download or read book Price and Quantity Index Numbers written by Bert M. Balk and published by Cambridge University Press. This book was released on 2012-07-19 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive text on index number theory since Irving Fisher's 1922 The Making of Index Numbers. The book covers intertemporal and interspatial comparisons; ratio- and difference-type measures; discrete and continuous time environments; and upper- and lower-level indices. Guided by economic insights, this book develops the instrumental or axiomatic approach.
Author : Federal Reserve Bank of St. Louis
Publisher :
ISBN 13 :
Total Pages : 502 pages
Book Rating : 4.:/5 (9 download)
Download or read book Review written by Federal Reserve Bank of St. Louis and published by . This book was released on 2011 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : International Labour Office
Publisher : International Labour Organization
ISBN 13 : 9789221136996
Total Pages : 578 pages
Book Rating : 4.1/5 (369 download)
Download or read book Consumer Price Index Manual written by International Labour Office and published by International Labour Organization. This book was released on 2004-08-25 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.
