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Books in Financial economics

Delve into the mechanisms of financial markets, asset valuation, and risk management with this extensive portfolio. Supporting finance professionals, researchers, and students, it features advanced theories, empirical research, and practical applications in banking, investments, and financial regulation. These resources foster better understanding of market dynamics, stability, and innovation in the evolving financial landscape.

BooksJournals

    • Contemporary Financial Intermediation

      • 5th Edition
      • Stuart I. Greenbaum + 2 more
      • English
      Contemporary Financial Intermediation, Fifth Edition offers a comprehensive and integrated exploration of financial markets and institutions, focusing on the pivotal role of information and economic reasoning. This edition emphasizes the transformative impact of the information technology revolution, particularly the rise of digitization and fintech, on the financial services industry. By weaving these developments into each chapter, the book enables readers to understand how evolving technologies reshape financial systems, institutions, and regulatory environments. The text provides the analytical tools and quantitative skills necessary to grasp the complexities, vulnerabilities, and innovations that define contemporary financial intermediation.Addit... sections examine the adaptability and fragility of financial institutions and credit markets, underscoring the importance of risk management—including cyber risk—in today’s dynamic landscape. Updated chapters and improved pedagogical supplements enrich the learning experience, making the material accessible yet rigorous. Readers gain insight into why markets, institutions, and regulators change, the recurring nature of financial crises, and typical responses to such events.

    • Performance Attribution Volume 2

      Analysis and Reporting
      • 2nd Edition
      • Brian Singer + 2 more
      • English
      Performance Attribution Volume 2: Analysis and Reporting, Second Edition explains the practical aspects of building or interpreting a top-to-bottom performance attribution system applicable to many asset classes. Requiring a familiarity with the principal concepts of portfolio analysis, it features standard methodologies and alternative approaches to the attribution of diverse assets, including derivatives, fixed income, and hedge funds. Based on the authors’ Performance Evaluation and Attribution of Security Portfolios (2012), its concentration on the ethical standards embodied by GIPS includes a summary of provisions for the presentation of risk in a firm’s investments.

    • A First Course in Model Validation and Model Risk Management

      • 1st Edition
      • Jonathan Schachter + 2 more
      • English
      A First Course in Model Validation and Model Risk Management offers robust coverage for current and future financial engineers. Useful as part of a masters program, for self-study, or as a valuable reference, the textbook explains in step-by-step, practical terms how mathematical models owned by financial institutions are essential to their public activities, including sales, trading, risk management, and internal audits. Like a diverse fleet of cars maintained by a rental car location, a bank must make sure customers can "drive" any of its models for a specific financial product. The book covers both pricing and risk models. Chapters consider modeling basics, marked-to-market and marked-to-model asset classes, market risk, credit risk, portfolio risk, operational risk, capital model risk, and financial crime, along with machine learning/AI.To support course use and practical applications, the text provides examples in Python throughout, as well as an appendix containing homework problems for all chapters, further supported by an ftp site for data and sample code. Additional appendices cover global model risk management, and a refresher in statistics.

    • Commodities for Sustainable Development

      Exchange-Traded Commodities and Other Commodity-linked Financial Instruments
      • 1st Edition
      • Adam Marszk
      • English
      Commodities for Sustainable Development: Exchange-Traded Commodities and Other Commodity-linked Financial Instruments offers detailed, highly focused insight into commodities investing in line with sustainability and ESG principles. It uniquely focuses on commodities in the sustainable/ESG investment portfolios with the exposure gained through the units of ETCs, and it provides an up-to-date review of the literature and theoretical concepts in this emerging area of commodities investing. It is designed as a detailed discussion of various topics concerning commodities and their role in sustainability, understood twofold as contributions or barriers to sustainable development and one of the major components in sustainable investing portfolios.The book explains the main features of ETCs and compares them to other similar financial products—especially the ones used for commodities investing—indicating their relative strengths and weaknesses. It also discusses the possible impact of ETCs on related markets, including the ones for the underlying assets, derived from empirical and theoretical examinations. The empirical analysis presented in the book covers all ETCs available globally, thus offering valuable insights into the often-understudied markets. It also covers the possible application of ETCs as tools for sustainable investing in commodities. It discusses problematic issues linked to commodities investments (from the sustainability perspective) and assesses the ESG profile of the major ETCs, also as detailed case studies. It also discusses sustainable development policies in the context of the commodities and financial investment industries.This book serves as a valuable resource for a wide range of readers—researchers, students, instructors, and professionals alike—due to its theoretical and empirical outline of the commodities-linked financial instruments, particularly ETCs.

    • Performance Evaluation and Attribution Volume One

      Asset Pricing and Models
      • 2nd Edition
      • Russ Wermers + 2 more
      • English
      Performance Evaluation and Attribution Volume One: Asset Pricing and Models, Second Edition, presents an updated, comprehensive exploration of portfolio evaluation. Based on the authors’ Performance Evaluation and Attribution of Security Portfolios (2012), this Second Edition adds four new chapters and updated content throughout in its practical approach to measuring manager skills and using recent statistical techniques to solve investment problems. Added are new factor models, including the newly developed q-factor model and the new models of Fama and French, new examples, and new work on qualitative considerations. This highly detailed new edition combines academic rigor with practical applications and guidance for applications of diverse approaches.

    • Navigating Decentralized Finance

      From Blockchain to Crypto Assets and Tokenization
      • 1st Edition
      • Pascal Egloff + 2 more
      • English
      Navigating Decentralized Finance: From Blockchain to Crypto Assets and Tokenization provides an in-depth overview of how blockchain and digital assets drive financial economics with a truly global approach. This comprehensive textbook covers blockchain technologies, infrastructure, applications, and regulatory and legal aspects, offering both a quick introduction for beginners and numerous, practical case studies to engage advanced students and working professionals. Here, after discussing blockchain fundamentals, experts consider blockchain contracts, scalability, CBDCs, tokenization, stablecoins, NFTs, decentralized finance (DeFi), and the metaverse, among other topics, with applications explored across the financial world.Each chapter adopts a consistent structure and pedagogy accompanied by over 120 illustrations across the book, as well as a blockchain glossary. An instructor website includes a complete set of lecture slides supporting undergraduate, graduate, certificate, and faculty across the globe.

    • Commercial Banking

      Distinct Value, Roles, and Methods
      • 1st Edition
      • Allen N. Berger + 2 more
      • English
      Commercial Banking: Distinct Value, Roles, and Methods is a thorough, applied, and accessible introduction to the modern theory and practice of financial intermediation as enabled by commercial banks.This book begins by answering the simple questions: What do banks do? What are the core roles and methods of banks, and what unique value do they provide? From here, the book considers key issues in banking, regulation, coping with bank risk, competition amongst banks, global banking, careers in banking, and future directions. Throughout, emphasis is placed on differentiating between bank and non-bank financial firms, the impact of technology on banking, evolving regulatory environments, the economic importance of banking, and innovation in banking services.Perfect for undergraduate, graduate level, and professional courses in banking, bank management, and commercial banking, Commercial Banking: Distinct Value, Roles, and Methods is reinforced with full-color figures, charts, tables, learning objectives, and key term definitions.

    • Handbook of Empirical Corporate Finance, vol. 1C

      • 1st Edition
      • Volume 1
      • English
      The growing interest in everything "corporate" is fueled by a healthy combination of fundamental theoretical developments and recent widespread access to large transactional data bases. A less scientific—but nevertheless important—source of inspiration is a growing awareness of the important social implications of corporate behavior and governance. This Handbook takes stock of the main empirical findings to date across a spectrum of corporate finance issues ranging from econometric methodology to raising capital and capital structure choice. Other volumes examine corporate investment behavior and governance. Our three-volume survey captures the results of progress through a combination of large-sample data descriptions, informal hypothesis testing, as well as structural tests of theory. With researchers employing a wide spectrum of econometric techniques, institutional settings, and market structures in order to distill the central message in the data, these volumes represent an enormous effort in systematizing and analyzing the most important subjects in corporate finance.

    • Intermediate Financial Theory

      • 4th Edition
      • Jean-Pierre Danthine + 2 more
      • English
      Intermediate Financial Theory, Fourth Edition provides an updated and thorough explanation of basic financial concepts, in a manner accessible both to those new to the subject and to those without a deep background in advanced mathematics. It is ideal for students with a background in Economics who are looking for an accessible yet rigorous introduction to financial theory beyond basic MBA-level textbooks. While not as dense as highly technical Ph.D. presentations tend to be, this valuable text seeks rather to integrate academic expertise with real-world experience from leading experts in the field. The fourth edition has been fully updated and is supplemented by extensive online resources.

    • Mergers, Acquisitions, and Other Restructuring Activities

      An Integrated Approach to Process, Tools, Cases, and Solutions
      • 12th Edition
      • Donald DePamphilis
      • English
      Mergers, Acquisitions, and Other Restructuring Activities: An Integrated Approach to Process, Tools, Cases, and Solutions, Twelfth Edition presents the most current and comprehensive M&A on M&A environments, M&A processes, M&A valuation and modeling, deal structuring and financing strategies, and alternative business and restructuring strategies. Covering relevant academic research published since 2021 make the 12th edition a balanced, comprehensive guide to the complex and dynamically changing world of M&A. With content relevant to industries worldwide, this new edition illustrates the most germane strategies and tactics in today's marketplace.

Related subjects

Corporate finance and governance

Financial economics general

Financial institutions and services

Fixed income debt capital markets

General financial markets

Investment management

Valuation