Quantifying Systemic Risk

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226319288
Total Pages : 286 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Quantifying Systemic Risk by : Joseph G. Haubrich

Download or read book Quantifying Systemic Risk written by Joseph G. Haubrich and published by University of Chicago Press. This book was released on 2013-01-24 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the recent financial crisis, the federal government has pursued significant regulatory reforms, including proposals to measure and monitor systemic risk. However, there is much debate about how this might be accomplished quantitatively and objectively—or whether this is even possible. A key issue is determining the appropriate trade-offs between risk and reward from a policy and social welfare perspective given the potential negative impact of crises. One of the first books to address the challenges of measuring statistical risk from a system-wide persepective, Quantifying Systemic Risk looks at the means of measuring systemic risk and explores alternative approaches. Among the topics discussed are the challenges of tying regulations to specific quantitative measures, the effects of learning and adaptation on the evolution of the market, and the distinction between the shocks that start a crisis and the mechanisms that enable it to grow.

Econophysics

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Publisher : John Wiley & Sons
ISBN 13 : 3527408150
Total Pages : 371 pages
Book Rating : 4.5/5 (274 download)

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Book Synopsis Econophysics by : Sitabhra Sinha

Download or read book Econophysics written by Sitabhra Sinha and published by John Wiley & Sons. This book was released on 2010-12-06 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: Filling the gap for an up-to-date textbook in this relatively new interdisciplinary research field, this volume provides readers with a thorough and comprehensive introduction. Based on extensive teaching experience, it includes numerous worked examples and highlights in special biographical boxes some of the most outstanding personalities and their contributions to both physics and economics. The whole is rounded off by several appendices containing important background material.

The Acquirer's Multiple

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Publisher :
ISBN 13 : 9780692928851
Total Pages : 160 pages
Book Rating : 4.9/5 (288 download)

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Book Synopsis The Acquirer's Multiple by : Tobias E. Carlisle

Download or read book The Acquirer's Multiple written by Tobias E. Carlisle and published by . This book was released on 2017-10-16 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market is an easy-to-read account of deep value investing. The book shows how investors Warren Buffett, Carl Icahn, David Einhorn and Dan Loeb got started and how they do it. Carlisle combines engaging stories with research and data to show how you can do it too. Written by an active value investor, The Acquirer's Multiple provides an insider's view on deep value investing.The Acquirer's Multiple covers: How the billionaire contrarians invest How Warren Buffett got started The history of activist hedge funds How to Beat the Little Book That Beats the Market A simple way to value stocks: The Acquirer's Multiple The secret to beating the market How Carl Icahn got started How David Einhorn and Dan Loeb got started The 9 rules of deep value The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market provides a simple summary of the way deep value investors find stocks that beat the market.

Collateralized Transactions

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Publisher : International Monetary Fund
ISBN 13 : 1513530704
Total Pages : 16 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Collateralized Transactions by : International Monetary Fund

Download or read book Collateralized Transactions written by International Monetary Fund and published by International Monetary Fund. This book was released on 2020-02-19 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a response to a request from the G20 IFA Working Group, this note provides a framework for public lenders and borrowers to assess collateralized financing practices from a development perspective. The work of the IMF and World Bank suggests that the availability of collateralized financing can be beneficial to a developing country borrower under a range of circumstances, but also points to pitfalls.

Securities Exchange Act of 1934 as Amended

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Author :
Publisher :
ISBN 13 :
Total Pages : 36 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Securities Exchange Act of 1934 as Amended by : United States. Securities and Exchange Commission

Download or read book Securities Exchange Act of 1934 as Amended written by United States. Securities and Exchange Commission and published by . This book was released on 1964 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Distribution Theory for Tests Based on Sample Distribution Function

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Publisher : SIAM
ISBN 13 : 0898710073
Total Pages : 73 pages
Book Rating : 4.8/5 (987 download)

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Book Synopsis Distribution Theory for Tests Based on Sample Distribution Function by : J. Durbin

Download or read book Distribution Theory for Tests Based on Sample Distribution Function written by J. Durbin and published by SIAM. This book was released on 1973-01-31 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a coherent body of theory for the derivation of the sampling distributions of a wide range of test statistics. Emphasis is on the development of practical techniques. A unified treatment of the theory was attempted, e.g., the author sought to relate the derivations for tests on the circle and the two-sample problem to the basic theory for the one-sample problem on the line. The Markovian nature of the sample distribution function is stressed, as it accounts for the elegance of many of the results achieved, as well as the close relation with parts of the theory of stochastic processes.

Regulating Wall Street

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Publisher : John Wiley & Sons
ISBN 13 : 0470949864
Total Pages : 592 pages
Book Rating : 4.4/5 (79 download)

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Book Synopsis Regulating Wall Street by : New York University Stern School of Business

Download or read book Regulating Wall Street written by New York University Stern School of Business and published by John Wiley & Sons. This book was released on 2010-10-28 with total page 592 pages. Available in PDF, EPUB and Kindle. Book excerpt: Experts from NYU Stern School of Business analyze new financial regulations and what they mean for the economy The NYU Stern School of Business is one of the top business schools in the world thanks to the leading academics, researchers, and provocative thinkers who call it home. In Regulating Wall Street: The New Architecture of Global Finance, an impressive group of the Stern school’s top authorities on finance combine their expertise in capital markets, risk management, banking, and derivatives to assess the strengths and weaknesses of new regulations in response to the recent global financial crisis. Summarizes key issues that regulatory reform should address Evaluates the key components of regulatory reform Provides analysis of how the reforms will affect financial firms and markets, as well as the real economy The U.S. Congress is on track to complete the most significant changes in financial regulation since the 1930s. Regulating Wall Street: The New Architecture of Global Finance discusses the impact these news laws will have on the U.S. and global financial architecture.

Rare Earth Elements

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Publisher : DIANE Publishing
ISBN 13 : 1437937985
Total Pages : 18 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Rare Earth Elements by : Marc Humphries

Download or read book Rare Earth Elements written by Marc Humphries and published by DIANE Publishing. This book was released on 2010-11 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: (1) Intro.; (2) What are Rare Earth Elements (REE)?; (3) Major End Uses and Applications: Demand for REE; The Application of REE in National Defense; (4) Rare Earth Resources and Production Potential; Supply Chain Issues; Role of China; (5) Rare Earth Legislation in the 111th Congress: H.R. 4866, and S. 3521, the Rare Earths Supply-Chain Technology and Resources Transformation Act of 2010; H.R. 5136, the FY 2011 Nat. Defense Authorization Act; P.L. 111-84, the FY 2010 Nat. Defense Authorization Act; (6) Possible Policy Options: Authorize and Appropriate Funding for a USGS Assessment; Support and Encourage Greater Exploration for REE; Challenge China on Its Export Policy; Establish a Stockpile. Illustrations.

Mexican Financial System

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Author :
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Mexican Financial System by :

Download or read book Mexican Financial System written by and published by . This book was released on 1993 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Financing of Catastrophe Risk

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Publisher : University of Chicago Press
ISBN 13 : 0226266257
Total Pages : 490 pages
Book Rating : 4.2/5 (262 download)

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Book Synopsis The Financing of Catastrophe Risk by : Kenneth A. Froot

Download or read book The Financing of Catastrophe Risk written by Kenneth A. Froot and published by University of Chicago Press. This book was released on 2007-12-01 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed $10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of $50 to $100 billion in the United States. Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy. The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.

Restoring Financial Stability

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Publisher : John Wiley & Sons
ISBN 13 : 0470499346
Total Pages : 416 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Restoring Financial Stability by : New York University Stern School of Business

Download or read book Restoring Financial Stability written by New York University Stern School of Business and published by John Wiley & Sons. This book was released on 2009-03-23 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insightful look at how to reform our broken financial system The financial crisis that unfolded in September 2008 transformed the United States and world economies. As each day's headlines brought stories of bank failures and rescues, government policies drawn and redrawn against the backdrop of an historic Presidential election, and solutions that seemed to be discarded almost as soon as they were proposed, a group of thirty-three academics at New York University Stern School of Business began tackling the hard questions behind the headlines. Representing fields of finance, economics, and accounting, these professors-led by Dean Thomas Cooley and Vice Dean Ingo Walter-shaped eighteen independent policy papers that proposed market-focused solutions to the problems within a common framework. In December, with great urgency, they sent hand-bound copies to Washington. Restoring Financial Stability is the culmination of their work. Proposes bold, yet principled approaches-including financial policy alternatives and specific courses of action-to deal with this unprecedented, systemic financial crisis Created by the contributions of various academics from New York University's Stern School of Business Provides important perspectives on both the causes of the global financial crisis as well as proposed solutions to ensure it doesn't happen again Contains detailed evaluations and analyses covering many spectrums of the marketplace Edited by Matthew Richardson and Viral Acharya, this reliable resource brings together the best thinking of finance and economics from the faculty of one of the top universities in world.

Modern Information Processing

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Author :
Publisher : Elsevier
ISBN 13 : 0080461697
Total Pages : 479 pages
Book Rating : 4.0/5 (84 download)

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Book Synopsis Modern Information Processing by : Bernadette Bouchon-Meunier

Download or read book Modern Information Processing written by Bernadette Bouchon-Meunier and published by Elsevier. This book was released on 2011-10-13 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volume "Modern Information Processing: From Theory to Applications," edited by Bernadette Bouchon-Meunier, Giulianella Coletti and Ronald Yager, is a collection of carefully selected papers drawn from the program of IPMU'04, which was held in Perugia, Italy. The book represents the cultural policy of IPMU conference which is not focused on narrow range of methodologies, but on the contrary welcomes all the theories for the management of uncertainty and aggregation of information in intelligent systems, providing a medium for the exchange of ideas between theoreticians and practitioners in these and related areas.The book is composed by 7 sections: UNCERTAINTYPREFERENCESCLASSIFICATION AND DATA MININGAGGREGATION AND MULTI-CRITERIA DECISION MAKINGKNOWLEDGE REPRESENTATION•The book contributes to enhancement of our ability to deal effectively with uncertainty in all of its manifestations. •The book can help to build brigs among theories and methods methods for the management of uncertainty. •The book addresses issues which have a position of centrality in our information-centric world. •The book presents interesting results devoted to representing knowledge: the goal is to capture the subtlety of human knowledge (richness) and to allow computer manipulation (formalization). •The book contributes to the goal: an efficient use of the information for a good decision strategy.APPLIED DOMAINS· The book contributes to enhancement of our ability to deal effectively with uncertainty in all of its manifestations.· The book can help to build brigs among theories and methods methods for the management of uncertainty.· The book addresses issues which have a position of centrality in our information-centric world.· The book presents interesting results devoted to representing knowledge: the goal is to capture the subtlety of human knowledge (richness) and to allow computer manipulation (formalization).· The book contributes to the goal: an efficient use of the information for a good decision strategy.

Handbook of International Insurance

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Publisher : Springer Science & Business Media
ISBN 13 : 0387341633
Total Pages : 1000 pages
Book Rating : 4.3/5 (873 download)

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Book Synopsis Handbook of International Insurance by : J. David Cummins

Download or read book Handbook of International Insurance written by J. David Cummins and published by Springer Science & Business Media. This book was released on 2007-12-23 with total page 1000 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook of International Insurance: Between Global Dynamics and Local Contingencies analyzes key trends in the insurance industry in more than 15 important national insurance markets that represent over 90 percent of world insurance premiums. Well-known academics from Europe, the Americas and Asia examine their own national insurance markets, including the competitive structure, product and service innovations, and regulatory developments. The book provides academics and executives with an unprecedented range of information about today’s insurance markets. This book also provides important 'new' information on the evolution of the financial sector worldwide and comprehensive chapters on reinsurance, Lloyd’s of London, alternative risk transfer, South and East Asian insurance markets, and European insurance markets. Setting the stage is an overview chapter by the editors focusing on overall conclusions on globalization.

Super Stocks

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Publisher : McGraw Hill Professional
ISBN 13 : 0071596305
Total Pages : 290 pages
Book Rating : 4.0/5 (715 download)

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Book Synopsis Super Stocks by : Kenneth L. Fisher

Download or read book Super Stocks written by Kenneth L. Fisher and published by McGraw Hill Professional. This book was released on 2007-10-12 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Target the Super Stocks that deliver huge returns One of the most successful investing books ever published, Super Stocks showed investors how to use innovative techniques and fundamental analysis for valuing stocks and predicting future profit margins. You'll gain valuable insight into Fisher's original thinkin for valuing stocks and predicting future profit margins. A pioneer in the use of the Price Sales Ratio-a powerful analytical tool-Fisher regales readers with instructive tales of the businesses he invested in and profited from. Super Stocks gives a historical perspective on how Fisher successfully researched companies and stocks—who he saw and what he asked—to get a better read on profitable returns. “As rich in investment war stories as it is in knowledge.”-The Motley Fool

Anticipating Correlations

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Publisher : Princeton University Press
ISBN 13 : 1400830192
Total Pages : 176 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Anticipating Correlations by : Robert Engle

Download or read book Anticipating Correlations written by Robert Engle and published by Princeton University Press. This book was released on 2009-01-19 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial markets respond to information virtually instantaneously. Each new piece of information influences the prices of assets and their correlations with each other, and as the system rapidly changes, so too do correlation forecasts. This fast-evolving environment presents econometricians with the challenge of forecasting dynamic correlations, which are essential inputs to risk measurement, portfolio allocation, derivative pricing, and many other critical financial activities. In Anticipating Correlations, Nobel Prize-winning economist Robert Engle introduces an important new method for estimating correlations for large systems of assets: Dynamic Conditional Correlation (DCC). Engle demonstrates the role of correlations in financial decision making, and addresses the economic underpinnings and theoretical properties of correlations and their relation to other measures of dependence. He compares DCC with other correlation estimators such as historical correlation, exponential smoothing, and multivariate GARCH, and he presents a range of important applications of DCC. Engle presents the asymmetric model and illustrates it using a multicountry equity and bond return model. He introduces the new FACTOR DCC model that blends factor models with the DCC to produce a model with the best features of both, and illustrates it using an array of U.S. large-cap equities. Engle shows how overinvestment in collateralized debt obligations, or CDOs, lies at the heart of the subprime mortgage crisis--and how the correlation models in this book could have foreseen the risks. A technical chapter of econometric results also is included. Based on the Econometric and Tinbergen Institutes Lectures, Anticipating Correlations puts powerful new forecasting tools into the hands of researchers, financial analysts, risk managers, derivative quants, and graduate students.

Advances in Neural Information Processing Systems 9

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Publisher : MIT Press
ISBN 13 : 9780262100656
Total Pages : 1128 pages
Book Rating : 4.1/5 (6 download)

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Book Synopsis Advances in Neural Information Processing Systems 9 by : Michael C. Mozer

Download or read book Advances in Neural Information Processing Systems 9 written by Michael C. Mozer and published by MIT Press. This book was released on 1997 with total page 1128 pages. Available in PDF, EPUB and Kindle. Book excerpt: The annual conference on Neural Information Processing Systems (NIPS) is the flagship conference on neural computation. It draws preeminent academic researchers from around the world and is widely considered to be a showcase conference for new developments in network algorithms and architectures. The broad range of interdisciplinary research areas represented includes neural networks and genetic algorithms, cognitive science, neuroscience and biology, computer science, AI, applied mathematics, physics, and many branches of engineering. Only about 30% of the papers submitted are accepted for presentation at NIPS, so the quality is exceptionally high. All of the papers presented appear in these proceedings.

Manufacturing Tail Risk

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Author :
Publisher : Now Publishers Inc
ISBN 13 : 1601983409
Total Pages : 90 pages
Book Rating : 4.6/5 (19 download)

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Book Synopsis Manufacturing Tail Risk by : Viral V. Acharya

Download or read book Manufacturing Tail Risk written by Viral V. Acharya and published by Now Publishers Inc. This book was released on 2010 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing Tail Risk: A Perspective on the Financial Crisis of 2007-09 reviews the causes of the recent financial crisis and provides possible remedies for the future.