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Elsevier

Books in Financial institutions and services

  • Contemporary Financial Intermediation

    • 5th Edition
    • Stuart I. Greenbaum + 2 more
    • English
    Contemporary Financial Intermediation, Fifth Edition offers a distinctive approach to the study of financial markets and institutions by presenting an integrated portrait that puts information and economic reasoning at the core. The book explores the implications of the information technology revolution that characterizes the financial services industry with digitization and fintech as important manifestations. Sections explore the subtlety, plasticity, and fragility of financial institutions and credit markets, and the ramifications for risk management (including cyber risk). This textbook demands more in terms of quantitative skills and analysis, but its ability to teach about the forces shaping the financial world is unmatched.For the financial sector, the best preprofessional training explains the reasons why markets, institutions, and regulators evolve the way they do, why we suffer recurring financial crises, how we typically react to them, and how digitization and fintech will affect financial services and the industry at large. This book provides students with a complete foundation on the subject, presenting a strong basis for learning and understanding key challenges surrounding the management and operations of financial institutions and their competitive environment.

  • 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 Digital Currency

    Bitcoin, Innovation, Financial Instruments, and Big Data
    • 2nd Edition
    • David Lee Kuo Chuen
    • English
    Handbook of Digital Currency: Bitcoin, Innovation, Financial Instruments, and Big Data, Second Edition offers readers new ways to learn about subjects outside their specialties and provides authoritative background and tools for those whose primary source of information is journal articles. Encompassing currencies, payment methods, and computer communication protocols, digital currencies are growing in use and importance. The book's comprehensive view of the field covers history, technical, IT, finance, economics, legal, tax, and the regulatory environment. For those coming from different backgrounds with different questions in mind, this new edition is an essential starting point.

  • The Economic and Financial Impacts of the COVID-19 Crisis Around the World

    Expect the Unexpected
    • 1st Edition
    • Allen N. Berger + 2 more
    • English
    The Economic and Financial Impacts of the COVID-19 Crisis Around the World: Expect the Unexpected provides an informed, research-based in-depth understanding of the COVID-19 crisis, its impacts on households, nonfinancial firms, banks, and financial market participants, and the effectiveness of the reactions of governments and policymakers in the United States and around the world. It provides reflections and perspectives on the social costs and benefits of various policies undertaken and a toolkit of preventive measures to deal with crises beyond the COVID-19 crisis. Authors Allen N. Berger, Mustafa U. Karakaplan, and Raluca A. Roman apply their expertise to the research and data on the COVID-19 economic crisis as well as draw on their own rich research experience. They take a holistic approach that compares and contrasts this crisis with other economic and financial crises and assesses economic and financial behavior and government policies in the booms before crises and the aftermaths following them, as well as the crises themselves. They do all this with a keen eye on “Expecting the Unexpected” future crises, and policies that might anticipate them and provide better outcomes for society.

  • Handbook of the Economics of Corporate Finance

    Private Equity and Entrepreneurial Finance
    • 1st Edition
    • English
    Private Equity and Entrepreneurial Finance, volume 1 of the new series, Handbook of the Economics of Corporate Finance, provides comprehensive and accessible updates of central theoretical and empirical issues in corporate finance. The demand for these updates reflects the rapid evolution of corporate finance research, which has become a dominant field in financial economics. The chapters are written by leading researchers and experts that remain active in their respective areas of interest. These are intended to make the economics of corporate finance and governance accessible not only to doctoral students but also researchers not intimately familiar with this important field.

  • International Money and Finance

    • 10th Edition
    • Michael Melvin + 1 more
    • English
    International Money and Finance, Tenth Edition presents an institutional and historical overview of international finance and international money, illustrating how key economic concepts can illuminate real world problems. Updated throughout, this latest edition functions as a finance book that includes an international macroeconomics perspective in its final section. It emphasizes the newest trends in research, neatly defining the intersection of macro and finance. Successfully used worldwide in both finance and economics departments at both undergraduate and graduate levels, the book features current data, revised test banks, and sharp insights about the practical implications of decision-making.

  • Financial Trading and Investing

    • 3rd Edition
    • John L. Teall
    • English
    Financial Trading and Investing, Third Edition provides a useful introduction to trading and market microstructure for advanced undergraduate as well as master’s students. Without demanding a background in econometrics, the book explores alternative markets and highlights recent regulatory developments, implementations, institutions and debates. The text offers explanations of controversial trading tactics (and blunders) such as high-frequency trading, dark liquidity pools, fat fingers, insider trading and flash orders, emphasizing links between the history of financial regulation and events in financial markets. It includes coverage of valuation and hedging techniques, particularly with respect to fixed income and derivative securities. The text adds a chapter on financial utilities and institutions that provide support services to traders and updates regulatory matters. Combining theory and application, this book provides a practical beginner's introduction to today's investment tools and markets with a special emphasis on trading.

  • Algorithmic Trading Methods

    Applications Using Advanced Statistics, Optimization, and Machine Learning Techniques
    • 2nd Edition
    • Robert Kissell
    • English
    Algorithmic Trading Methods: Applications using Advanced Statistics, Optimization, and Machine Learning Techniques, Second Edition, is a sequel to The Science of Algorithmic Trading and Portfolio Management. This edition includes new chapters on algorithmic trading, advanced trading analytics, regression analysis, optimization, and advanced statistical methods. Increasing its focus on trading strategies and models, this edition includes new insights into the ever-changing financial environment, pre-trade and post-trade analysis, liquidation cost & risk analysis, and compliance and regulatory reporting requirements. Highlighting new investment techniques, this book includes material to assist in the best execution process, model validation, quality and assurance testing, limit order modeling, and smart order routing analysis. Includes advanced modeling techniques using machine learning, predictive analytics, and neural networks. The text provides readers with a suite of transaction cost analysis functions packaged as a TCA library. These programming tools are accessible via numerous software applications and programming languages.

  • TARP and other Bank Bailouts and Bail-Ins around the World

    Connecting Wall Street, Main Street, and the Financial System
    • 1st Edition
    • Allen N. Berger + 1 more
    • English
    Financial crises are recurring phenomena that result in the financial distress of systemically important banks, making it imperative to understand how to best respond to such crises and their consequences. Two policy responses became prominent for dealing with these distressed institutions since the last Global Financial Crisis: bailouts and bail-ins. The main questions surrounding these responses touch everyone: Are bailouts or bail-ins good for the financial system and the real economy? Is it essential to save distressed financial institutions by putting taxpayer money at risk in bailouts, or is it better to use private money in bail-ins instead? Are there better options, such as first lines of defense that help prevent such distress in the first place? Can countercyclical prudential and monetary policies lessen the likelihood and severity of the financial crises that often bring about this distress? Through careful analysis, authors Berger and Roman review and critically assess the extant theoretical and empirical research on many resolution approaches and tools. Placing special emphasis on lessons learned from one of the biggest bailouts of all time, the Troubled Asset Relief Program (TARP), while also reviewing other programs and tools, TARP and Other Bank Bailouts and Bail-Ins around the World sheds light on how best to protect the financial system on Wall Street and the real economy on Main Street.

  • Contemporary Financial Intermediation

    • 4th Edition
    • Stuart I. Greenbaum + 2 more
    • English
    Contemporary Financial Intermediation, 4th Edition by Greenbaum, Thakor, and Boot continues to offer a distinctive approach to the study of financial markets and institutions by presenting an integrated portrait that puts information and economic reasoning at the core. Instead of primarily naming and describing markets, regulations, and institutions as is common, Contemporary Financial Intermediation explores the subtlety, plasticity and fragility of financial institutions and credit markets. In this new edition every chapter has been updated and pedagogical supplements have been enhanced. For the financial sector, the best preprofessional training explains the reasons why markets, institutions, and regulators evolve they do, why we suffer recurring financial crises occur and how we typically react to them. Our textbook demands more in terms of quantitative skills and analysis, but its ability to teach about the forces shaping the financial world is unmatched.

  • Transforming Climate Finance and Green Investment with Blockchains

    • 1st Edition
    • Alastair Marke
    • English
    Transforming Climate Finance and Green Investment with Blockchains establishes and analyzes the connection between this revolutionary technology and global efforts to combat climate change. The benefits of blockchain come through various profound alterations, such as the adoption of smart contracts that are set to redefine governance and regulatory structures and transaction systems in coming decades. Each chapter contains a problem statement that describes the challenges blockchain technology can address. The book brings together original visions and insights from global members of the Blockchain Climate Institute, comprising thought leaders, financial professionals, international development practitioners, technology entrepreneurs, and more. This book will help readers understand blockchain technology and how it can facilitate the implementation of the Paris Agreement and accelerate the global transition to a green economy.

  • Financial Trading and Investing

    • 2nd Edition
    • John L. Teall
    • English
    Financial Trading and Investing, Second Edition, delivers the most current information on trading and market microstructure for undergraduate and master’s students. Without demanding a background in econometrics, it explores alternative markets and highlights recent regulatory developments, implementations, institutions and debates. New explanations of controversial trading tactics (and blunders), such as high-frequency trading, dark liquidity pools, fat fingers, insider trading, and flash orders emphasize links between the history of financial regulation and events in financial markets. New sections on valuation and hedging techniques, particularly with respect to fixed income and derivatives markets, accompany updated regulatory information. In addition, new case studies and additional exercises are included on a website that has been revised, expanded and updated. Combining theory and application, the book provides the only up-to-date, practical beginner's introduction to today's investment tools and markets.

  • Private Equity and Venture Capital in Europe

    Markets, Techniques, and Deals
    • 2nd Edition
    • Stefano Caselli + 1 more
    • English
    Global financial markets might seem as if they increasingly resemble each other, but a lot of peculiar aspects qualify different markets with different levels of development. Private equity investors can take advantage of these variations. Structured to provide a taxonomy of the business, Private Equity and Venture Capital in Europe, Second Edition, introduces private equity and venture capital markets while presenting new information about the core of private equity: secondary markets, private debt, PPP within private equity, crowdfunding, venture philanthropy, impact investing, and more. Every chapter has been updated, and new data, cases, examples, sections, and chapters illuminate elements unique to the European model. With the help of new pedagogical materials, this Second Edition provides marketable insights about valuation and deal-making not available elsewhere.

  • Handbook of Blockchain, Digital Finance, and Inclusion

    Cryptocurrency, FinTech, InsurTech, Regulation, ChinaTech, Mobile Security, and Distributed Ledger
    • 1st Edition
    • David Lee Kuo Chuen + 1 more
    • English
    Handbook of Digital Finance and Financial Inclusion: Cryptocurrency, FinTech, InsurTech, Regulation, ChinaTech, Mobile Security, and Distributed Ledger explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets. Contributors go beyond summaries of standard models to describe new banking business models that will be sustainable and likely to dictate the future of finance. The book not only emphasizes the financial opportunities made possible by digital banking, such as financial inclusion and impact investing, but also looks at engineering theories and developments that encourage innovation. Its ability to illuminate present potential and future possibilities make it a unique contribution to the literature. A companion Volume Two of The Handbook of Digital Banking and Financial Inclusion: ChinaTech, Mobile Security, Distributed Ledger, and Blockchain emphasizes technological developments that introduce the future of finance. Descriptions of recent innovations lay the foundations for explorations of feasible solutions for banks and startups to grow. The combination of studies on blockchain technologies and applications, regional financial inclusion movements, advances in Chinese finance, and security issues delivers a grand perspective on both changing industries and lifestyles. Written for students and practitioners, it helps lead the way to future possibilities.

  • Handbook of Blockchain, Digital Finance, and Inclusion, Volume 2

    ChinaTech, Mobile Security, and Distributed Ledger
    • 1st Edition
    • David Lee Kuo Chuen + 1 more
    • English
    Handbook of Blockchain, Digital Finance, and Inclusion, Volume 2: ChinaTech, Mobile Security, and Distributed Ledger emphasizes technological developments that introduce the future of finance. Descriptions of recent innovations lay the foundations for explorations of feasible solutions for banks and startups to grow. The combination of studies on blockchain technologies and applications, regional financial inclusion movements, advances in Chinese finance, and security issues delivers a grand perspective on both changing industries and lifestyles. Written for students and practitioners, it helps lead the way to future possibilities.

  • Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1

    Cryptocurrency, FinTech, InsurTech, and Regulation
    • 1st Edition
    • David Lee Kuo Chuen + 1 more
    • English
    Handbook of Blockchain, Digital Finance, and Inclusion, Volume 1: Cryptocurrency, FinTech, InsurTech, and Regulation explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets. Contributors go beyond summaries of standard models to describe new banking business models that will be sustainable and will likely dictate the future of finance. The volume not only emphasizes the financial opportunities made possible by digital banking, such as financial inclusion and impact investing, but it also looks at engineering theories and developments that encourage innovation. Its ability to illuminate present potential and future possibilities make it a unique contribution to the literature.

  • Investment Banks, Hedge Funds, and Private Equity

    • 3rd Edition
    • David P. Stowell
    • English
    As our economy evolves, private equity groups, hedge funds, and investment banks compete and cooperate in different ways. Their recent innovations are reported and analyzed by the 3rd edition of David Stowell’s landmark book, which adds three new cases, significantly revisions of most chapters, and updated figures, tables, and exhibits. It captures the actual work that associates and vice presidents do, providing readers with templates for real transactions. Finally, it provides significantly more content about the ways liquidity is supplied in secondary markets, including an overview of high frequency trading/electronic market making, quantitative trading strategies, and the evolution of cash equities from open outcry pits to fully electronic central limit order books.

  • Handbook of Frontier Markets

    The African, European and Asian Evidence
    • 1st Edition
    • Panagiotis Andrikopoulos + 2 more
    • English
    Handbook of Frontier Markets: The European and African Evidence provides novel insights from academic perspectives about the behavior of investors and prices in several frontier markets. It explores finance issues usually reserved for developed and emerging markets in order to gauge whether these issues are relevant and how they manifest themselves in frontier markets. Frontier markets have now become a popular investment class among institutional investors internationally, with major financial services providers establishing index-benchmarks for this market-category. The anticipation for frontier markets is optimistic uncertainty, and many people believe that, given their growth rates, these markets will be economic success stories. Irrespective of their degrees of success, The Handbook of Frontier Markets can help ensure that the increasing international investment diverted to them will aid in their greater integration within the global financial system.

  • Efficiency and Competition in Chinese Banking

    • 1st Edition
    • Yong Tan
    • English
    Efficiency and Competition in Chinese Banking gives a comprehensive analysis of the industry, including cost, technical, profit, and revenue efficiency. The Chinese banking industry is of global importance. The book estimates the competitive condition of the sector using the Boone indicator, Panzar-Rosse Histatistic, Lerner index, and concentration ratio. The author investigates the impact of competition on efficiency in Chinese banking while controlling for comprehensive determinants of bank efficiency. This title complements Yong Tan’s previous book, Performance, Risk, and Competition in the Chinese Banking Sector, also published by Chandos.

  • A One-Year Accounting Course

    The Commonwealth and International Library: Social Administration, Training, Economics, and Production Division
    • 1st Edition
    • Trevor Gambling
    • R Brown + 2 more
    • English
    A One-Year Accounting Course: In Two Parts, Part II presents the historical context of accounting practice. This book examines the development as well as the advantages of the accounting profession. Organized into 10 chapters, this book begins with an overview of the method of book-keeping system before the development of double-entry accounting. This text then examines the traditional cash book and considers the form of the three-column cash book. Other chapters provide a brief description of some feature of the mechanical function of a keyboard accounting machine to know the detailed workings of the equipment. This book discusses as well the alternative methods of depreciation, including the reducing-balance method, the machine-hours method, the valuation method, and the net present value method. The final chapter deals with the technique of process costing. This book is a valuable resource for professional auditors and accountants. First-year students in accounting will also find this book useful.

  • A One-Year Accounting Course

    Part 2
    • 1st Edition
    • Trevor Gambling
    • R Brown + 2 more
    • English

  • How to Find Out About Banking and Investment

    The Commonwealth and International Library: Libraries and Technical Information Division
    • 1st Edition
    • Norman Burgess
    • G. Chandler
    • English

  • 1992-Planning for Financial Services and the Insurance Sector

    • 1st Edition
    • Eurofi plc
    • English
    1992 - Planning for Financial Services and the lnsurance Sector aims to discuss important European laws and their implications for the policies of institution that render financial and insurance services. The book covers topics such as the Single European Act and its effects; company laws, mergers and acquisition, and corporate taxes; and the liberalization of capital movement, capital flows, and the European money system. Also covered are topics such as banking and insurance services in the community; the internal market, its policies, and security; and the implications of a single European market for financial services. The text is recommended for economists as well as financial and political analysts who would like to know more about the European market and the policies that govern it.

  • Game Theory and Experimental Games

    The Study of Strategic Interaction
    • 1st Edition
    • Andrew M. Colman
    • English
    Game Theory and Experimental Games: The Study of Strategic Interaction focuses on the development of game theory, taking into consideration empirical research, theoretical formulations, and research procedures involved. The book proceeds with a discussion on the theory of one-person games. The individual decision that a player makes in these kinds of games is noted as influential as to the outcome of these games. This discussion is followed by a presentation of pure coordination games and minimal situation. The ability of players to anticipate the choices of others to achieve a mutually beneficial outcome is emphasized. A favorable social situation is also influential in these kinds of games. The text moves forward by presenting studies on various kinds of competitive games. The research studies presented are coupled with empirical evidence and discussion designed to support the claims that are pointed out. The book also discusses several kinds of approaches in the study of games. Voting as a way to resolve multi-person games is also emphasized, including voting procedures, the preferences of voters, and voting strategies. The book is a valuable source of data for readers and scholars who are interested in the exploration of game theories.

  • Europe's Free Trade Area Experiment

    EFTA and Economic Integration
    • 1st Edition
    • Hugh Corbet + 1 more
    • English

  • Hotel and Catering Accounts

    • 1st Edition
    • R. D. Boardman
    • English
    Hotel and Catering Accounts discusses accounts and cost statements in the context of hotel and catering management. The book is comprised of 24 chapters that cover the range of accounts, costing, and budgeting relevant to caterers. The coverage of the text includes accounting concepts and conventions; elements of cost and sales; and non-profit-making concerns. The book also covers budgetary control; working capital management; and adjustments for stocks, accruals, and payments in advance. The text will be most useful to caterers and catering students. Students and professionals in the field of business management and accounting will also benefit from this book.

  • Science and Starvation

    An Introduction to Economic Development
    • 1st Edition
    • Donald J. Hughes
    • D. F. Bratchell + 1 more
    • English
    Science and Starvation: An Introduction to Economic Development provides an understanding of the nature of the process of development itself both in developed and developing countries. This book serves as a guide to the complexities of the interrelated problems of population, food, and economic development all over the world. Organized into three parts encompassing 13 chapters, this book starts with an overview of the essential differences between the nature and the technique of the social and physical sciences. This text then examines the paradox of the scientific world with poverty and mass hunger. Other chapters consider the geographical distribution of poverty and examine the vicious cycle of disease and hunger. The final chapter deals with the effect of people on economic development. This book is a valuable resource for teachers involved in liberal studies in higher education. Social scientists and students engaged in international relations will also find this book useful.

  • Economics of Public Finance

    An Economic Analysis of Government Expenditure and Revenue in the United Kingdom
    • 3rd Edition
    • C. T. Sandford
    • English
    The latest edition of this valuable book updates all previous material and incorporates much new material. It includes a consideration of the problems of and methods for controlling public spending, the relative merits of income tax and a direct expenditure tax, the changes required in the income tax unit, the petroleum revenue tax, the compliance costs of VAT and other new developments which have occurred since the second edition was published in 1978.

  • Bank Liquidity Creation and Financial Crises

    • 1st Edition
    • Allen N. Berger + 1 more
    • English
    Bank Liquidity Creation and Financial Crises delivers a consistent, logical presentation of bank liquidity creation and addresses questions of research and policy interest that can be easily understood by readers with no advanced or specialized industry knowledge. Authors Allen Berger and Christa Bouwman examine ways to measure bank liquidity creation, how much liquidity banks create in different countries, the effects of monetary policy (including interest rate policy, lender of last resort, and quantitative easing), the effects of capital, the effects of regulatory interventions, the effects of bailouts, and much more. They also analyze bank liquidity creation in the US over the past three decades during both normal times and financial crises. Narrowing the gap between the "academic world" (focused on theories) and the "practitioner world" (dedicated to solving real-world problems), this book is a helpful new tool for evaluating a bank’s performance over time and comparing it to its peer group.

  • Understanding Credit Derivatives and Related Instruments

    • 2nd Edition
    • Antulio N. Bomfim
    • English
    Understanding Credit Derivatives and Related Instruments, Second Edition is an intuitive, rigorous overview that links the practices of valuing and trading credit derivatives with academic theory. Rather than presenting highly technical explorations, the book offers summaries of major subjects and the principal perspectives associated with them. The book's centerpiece is pricing and valuation issues, especially valuation tools and their uses in credit models. Five new chapters cover practices that have become commonplace as a result of the 2008 financial crisis, including standardized premiums and upfront payments. Analyses of regulatory responses to the crisis for the credit derivatives market (Basel III, Dodd-Frank, etc.) include all the necessary statistical and mathematical background for readers to easily follow the pricing topics. Every reader familiar with mid-level mathematics who wants to understand the functioning of the derivatives markets (in both practical and academic contexts) can fully satisfy his or her interests with the comprehensive assessments in this book.

  • Financial Regulation and Monetary Arrangements after 1992

    • 1st Edition
    • Volume 204
    • Michele Fratianni + 2 more
    • English
    Presented in this volume are analytical papers by leading academics on the consequences of regulatory reform in the 1992-process on financial markets and institutions, as well as on macro-economic adjustment and the scope of monetary and fiscal policy after 1992. Also included are policy-oriented papers by economists in academic and policy-making authorities which discuss potential policy conflicts within the EC and between the EC, EFTA, the US, Japan and Eastern Europe as a result of financial liberalization and monetary integration following 1992.The volume focuses on developments in financial markets as crucial for financial and industrial restructuring, as well as for prospects for a monetary union. Analytical papers form the basis for broader policy oriented discussion of potential policy conflicts among industrialized countries, as well as of prospects for currency reform in the Eastern block.

  • Emerging Market Bank Lending and Credit Risk Control

    Evolving Strategies to Mitigate Credit Risk, Optimize Lending Portfolios, and Check Delinquent Loans
    • 1st Edition
    • Leonard Onyiriuba
    • English
    Using a framework of volatile markets Emerging Market Bank Lending and Credit Risk Control covers the theoretical and practical foundations of contemporary credit risk with implications for bank management. Drawing a direct connection between risk and its effects on credit analysis and decisions, the book discusses how credit risk should be correctly anticipated and its impact mitigated within framework of sound credit culture and process in line with the Basel Accords. This is the only practical book that specifically guides bankers through the analysis and management of the peculiar credit risks of counterparties in emerging economies. Each chapter features a one-page overview that introduces its subject and its outcomes. Chapters include summaries, review questions, references, and endnotes.

  • Tethered Money

    Managing Digital Currency Transactions
    • 1st Edition
    • Gideon Samid
    • English
    Tettered Money: Managing Digital Currency Transactions presents a comprehensive discussion of financial transactions using digital currencies, with the author, Gideon Samid, making the case for their expansion in tethered money. Exploring the technical, legal, and historical aspects of digital money, the author discusses how the emerging technology of money specified for a specific need or to perform a particular task will affect society. The ability to dictate, Samid argues, how money is spent could increase control over our lives and resources, enabling us to practice a certain efficiency that would, in due time, become a pillar of civilization. Informative and thought-provoking, the book describes an evolving future that, in some quarters, has already arrived.

  • Handbook of Digital Currency

    Bitcoin, Innovation, Financial Instruments, and Big Data
    • 1st Edition
    • English
    Incorporating currencies, payment methods, and protocols that computers use to talk to each other, digital currencies are poised to grow in use and importance. The Handbook of Digital Currency gives readers a way to learn about subjects outside their specialties and provides authoritative background and tools for those whose primary source of information is journal articles. Taking a cross-country perspective, its comprehensive view of the field includes history, technicality, IT, finance, economics, legal, tax and regulatory environment. For those who come from different backgrounds with different questions in mind, The Handbook of Digital Currency is an essential starting point.

  • Nonlinear Dynamics of Financial Crises

    How to Predict Discontinuous Decisions
    • 1st Edition
    • Ionut Purica
    • English
    When just a handful of economists predicted the 2008 financial crisis, people should wonder how so many well educated people with enormous datasets and computing power can be so wrong. In this short book Ionut Purica joins a growing number of economists who explore the failings of mainstream economics and propose solutions developed in other disciplines, such as sociology and evolutionary biology. While it might be premature to call for a revolution, Dr. Purica echoes John Maynard Keynes in believing that economic ideas are "dangerous for good or evil." In recent years evil seems to have had the upper hand. "Nonlinear Dynamics of Financial Crises" points to their ability to do good.

  • Navigating the Business Loan

    Guidelines for Financiers, Small-Business Owners, and Entrepreneurs
    • 1st Edition
    • Morton Glantz
    • English
    The need for "back to basics" information about credit risk has not disappeared; in fact, it has grown among lenders and investors who have no easy ways to learn about their clients. This short and readable book guides readers through core risk/performance issues. Readers learn the ways and means of running more efficient businesses, review bank and investor requirements as they evaluate funding requests, gain knowledge selling themselves, confidence in business plans, and their ability to make good on loans. They can download powerful tools such as banker’s cash flow models and forecast equations programmable into a cell or tablet. Readers can punch keys to ascertain financial needs, calculate sales growth rates calling for external financing, profits required to internally finance their firms, and ways to position revenue growth rates in equilibrium with their firm’s capital structure – a rock-solid selling point among smart lenders and investors. The book’s "how-to," practical and systematical guide to credit and risk analysis draws upon case studies and online tools, such as videos, spreadsheets, and slides in providing a concise risk/return methodology.

  • The Economics of Organization

    • 1st Edition
    • Volume 21
    • James D. Hess
    • C.J. Bliss + 1 more
    • English
    Advanced Textbooks in Economics, Volume 21: The Economics of Organization focuses on the processes, methodologies, and approaches involved in the study of various topics in economics, mathematical economics, and econometrics. The publication first ponders on the general resource allocation problem, particularly noting that a theory of resource allocation is formed by studying the deliberate and purposeful choices of individuals to provide a model for human behavior in the economic realm. The theory of exchange emphasizes that coordination and equilibrium must be formed to explain social linkages. The text then explains market allocation, and a number of propositions are discussed to show the dynamics of this field. The manuscript elaborates on transaction costs, markets and uncertainty, and behavior in the face of uncertainty. The publication also takes a look at the terms of authority, measuring of information, value of communication in teams, cost of communication, and budget planning. The formal organization of decision-making, hierarchical supervision and loss of control, alternative requirements of formal organization, and expedience and incentives are also underscored. The text is a valuable reference for researchers interested in the economics of organization.

  • Public Enterprise Economics

    Theory and Application
    • 2nd Edition
    • Volume 23
    • Dieter Bös
    • C. J. Bliss + 1 more
    • English
    Advanced Textbooks in Economics, Volume 23: Public Enterprise Economics: Theory and Application focuses on economics, mathematical economics, and econometrics, including microeconomics, marginal-cost pricing, taxes, and income effects. The manuscript takes a look at the essential parts of public sector pricing models, normative optimum theory, and normative piecemeal theory. Discussions focus on welfare improvements with non-tight constraints, welfare -improving increases of public inefficiency, conditions for optimal prices and quantities, compensating for income effects, and conditions for optimal quality. The book then ponders on marginal-cost pricing, Ramsey pricing, rate of return regulation, and pricing with distributional aims. Topics include comparing distributional and allocative pricing, prices versus taxes, optimum Ramsey policy, influence of Ramsey prices on allocation, distribution, and stabilization, and consequences for allocation, distribution, and stabilization. The publication examines bus and underground services in London, economic theory and empirical analysis, and different approaches towards optimal quality, including empirical studies on bus and underground demand, organizational and political history, and microeconomics of the representative consumer. The book is a valuable source of data for researchers interested in public enterprise economics.

  • The Evaluation of Risk in Business Investment

    • 1st Edition
    • J.C. Hull
    • English
    Provides finance specialists in industry and students of management with a comprehensive set of practical procedures for evaluating the total risk in the major capital investment decisions facing a business. It discusses in detail how companies can make effective use of sensitivity analyses, risk simulations and other techniques, and deals in depth with important issues, such as: How should the results of a sensitivity analysis be interpreted?; How can adequate subjective probability distributions be obtained? How can dependencies between variables be dealt with in a practical way?; The emphasis throughout is on 'how to do it' and the reader needs only a slight knowledge of statistics. A particularly important feature of the book is the FORTRAN subroutines in Appendices A and B which the author prepared for calculating risk evaluations

  • Encyclopedia of Disputes Installment 10

    • 1st Edition
    • Linda J Pike
    • English
    Encyclopedia of Public International Law, 10: States, Responsibility of States, International Law, and Municipal Law concerns States, responsibility of States, and the relationship between international law and municipal law. The publication first ponders on administrative, judicial, and legislative activities on foreign territory, autonomous territories, Barcelona Conference of 1921, border controls, and boundaries. Discussions focus on boundaries as limits of state jurisdiction, permeability of boundaries and transboundary cooperation, impact of the League of Nations and the United Nations, historical evolution of legal rules, and special legal problems. The text then takes a look at colonies and colonial regime, comparative law and European law, comparative law and international law, confederations and other unions of states, and the decolonization of British, Portuguese, French, and Dutch territories. The manuscript examines the unification and harmonization of laws, lease territory, acquisition and abandonment of territory, territorial sovereignty, territorial integrity and political independence, and state succession. Topics include succession in respect of treaties, state property, archives and debts, general characteristics of territorial sovereignty, judicial decisions and arbitral awards, and drafting and interpretation of uniform law. The publication is a dependable source of information for researchers interested in States, responsibility of States, and the connection between international law and municipal law.

  • Production Economics: A Dual Approach to Theory and Applications

    Applications of the Theory of Production
    • 1st Edition
    • Volume 2
    • Melvyn Fuss + 1 more
    • English
    Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.

  • Handbook of Asian Finance

    • 1st Edition
    • David Lee Kuo Chuen + 1 more
    • English
    Asia's miraculous recovery from the 1997 crisis ushered in unexpected transformations to its economies and financial sectors. The reasons many Asian countries are growing above 6%, with double-digit growth for a year or two in-between, are investigated by this extensive research collection. The Handbooks of Asian Finance analyze the forces behind these growth rates. Insights into banking, fund performance, and the effects of trading technologies for practitioners to tax evasion, market manipulation, and corporate governance issues are all here, presented by expert scholars. From real estate prices and the effects of trading technologies for practitioners to tax evasion, market manipulation, and corporate governance issues, expert scholars critically examine the ways that the region is performing. Offering broader and deeper coverage than other handbooks, the Handbooks of Asian Finance explain what is going on in Asia today.

  • Butterworths Financial Services Compliance Manual

    • 1st Edition
    • Neville Russell
    • English
    Butterworths Financial Services Compliance Manual provides a guide in implementing a form of internal control in accounting to ensure compliance with the Financial Services Act of 1986. The manual is organized into 11 parts; each part tackles a specific area of concern in the implementation of the Act. Part I covers the background of legislation and compliance procedures, and Part II discusses the importance of identifying a client. Part III talks about the conduct of business, while Part IV deals with corporate finance. The subsequent parts cover portfolio review and discretionary management. The book also covers client money regulation, and then discusses central records and control. Compliance role and complaints procedures are also discussed. The last part talks about advertising. The book will be of great use to accountants, who require references on standardized practice manual.

  • Banking Automation

    Data Processing Systems and Associated Equipment
    • 1st Edition
    • G. W. A. Dummer + 2 more
    • English
    The two volumes of BANKING AUTOMATION 1970-71 present - for the first time - comprehensive guidance on the vast range of methods and equipment which sophisticated electronic and systems engineering is contributing to the enhancement of efficiency and security in Banks, Finance Houses, Commercial and Industrial concerns throughout the world. Volume I encompasses the field of data processing, and includes a considerable review of existing and potential applications for computers and associated systems, peripheral and verifying equipment in the continually expanding realm of banking and accountancy. Volume II covers money and cheque handling equipment; communications systems; drive-in banking; safes and security equipment; closed-circuit television monitoring; intruder alarm systems; office and mailing machinery; paper and forms handling equipment; etc. , etc. Useful features include a Directory of suppliers who specialise in the types of equipment, system-planning and services featured in these volumes; also a Glossary which is aimed to be of equal importance to readers with a bias of expertise in banking and money technology, or in automation. These features appear in Volume I.

  • Income Tax

    Made Simple
    • 1st Edition
    • Henry Toch
    • English
    Income Tax: Made Simple discusses the fundamental concepts of taxation. It is addressed to the growing number of people, who need to have a better understanding of the effects of taxation on the financial side of life. This comprehensive text includes discussions of the UK's tax system and its administration; general principles of income tax; tax reform proposals; the taxation of husband and wife; capital allowances; taxation of employees; and taxation of dividends and other income. The final chapter on 'Tax Planning' sets out how the individual can reduce his or her tax bill at various stages during one's life-time. The book will be helpful to students of business law and accountancy preparing for examinations of all the major professional bodies, e.g., Institutes of Chartered Accountants, for England and Wales and Scotland, Institute of Bankers, Institute of Scottish Bankers, Association of Certified Accountants, Chartered Institute of Secretaries and Administrators, Institute of Cost and Management Accountants, and the Law Society. It is also suitable for students on Degree Courses at Universities and Polytechnics and BTEC students in accountancy, business studies, and law.

  • Money and Banking

    Made Simple
    • 1st Edition
    • Ken Hoyle
    • English
    Money and Banking: Made Simple provides a sound coverage of monetary theory, policies, and institutions within a mixed economy. The book describes the whole range of banking and the financial institutions, including the central banks of major nations, the commercial banks, and the specialist banks (i.e. discount houses and other financial institutions), with special reference to the United Kingdom. The book discusses money markets and rates of interest; the theory of money; fiscal and monetary policy; and international monetary relations. The monetary environment is also considered. Students taking management, accounting, insurance, and actuarial work studies and undergraduates reading Applied Economics, Business Finance, Money and Banking, and Government publications will find the book invaluable.

  • Gamechange, A Boardroom Agenda

    The Impact of Information Technology on Corporate Strategies and Structures
    • 1st Edition
    • David Kaye
    • English
    Gamechange: The Impact of Information Technology on Corporate Strategies and Structures assesses the impact of information technology (IT) on corporate strategies and structures. A few key facts about the advances in IT that have to be understood and where they might lead are discussed, with reference to the experience of companies who are leading the way in changing their strategy and structure. Comprised of 13 chapters, this book begins by setting out briefly the essential facts and jargon associated with the IT revolution which top management need to appreciate so that they can focus on related key areas of strategic concern. The second part draws attention to issues of strategic direction affected by IT. This part is divided into chapters on strategy for business unit boundaries, markets, products and services, production and distribution, and human resources. The third part, divided into chapters on middle management and top management, outlines some important organization structure and management issues affected by IT. The fourth part describes a framework for integrating the formulation of strategy for direction and structure with the planning of implementation of strategic change. The final chapter summarizes the book's argument and contemplates on management's next moves. This monograph is intended for chief executives and their colleagues who are thinking about how the IT revolution will affect the strategies and structures of their businesses.

  • Economic History

    Made Simple
    • 1st Edition
    • Bernard J. Smales
    • English
    Economic History: Made Simple traces Great Britain's economic history starting from about 1760 onwards. It also assesses the impact of technological change on people's lives. The book is organized into four sections covering different periods. Section I deals with emergence of the first industrial nation from 1760-1830. Section II focuses on the 1830-1914 period, when Britain was undergoing the transition from being a primarily agricultural and commercial economy into the first modern industrial state in the world. Section III discusses the 1914-39 period, which saw the First World War, followed by a boom lasting until 1920 and afterwards a depression of considerable duration. Section IV discusses Britain's economic and social development since 1939, covering topics such as the impact of the Second World War, and the post-war social, economic, and industrial policies. This book should be useful to any students of economics who wish to explore the realities of economic life in historical perspective. It will also provide sound background reference for more elementary studies as well as being of value to readers seeking a greater understanding of the world in which they live.

  • Need for Change

    Towards the New International Economic Order
    • 1st Edition
    • Gamani Corea
    • English
    Need for Change: Towards the New International Economic Order represents a selection of speeches given during the period 1974 to early 1980. The speeches are grouped in terms of broad phases or periods in the development of the United Nations Conference on Trade and Development’s (UNCTAD) work. In most cases they are transcripts from oral presentations and are reproduced more or less as delivered. The volume is organized into five parts. Part I discusses the background against which the specific activities of UNCTAD were being fashioned. Part II presents a diagnosis of the weaknesses besetting the world economic system from the point of view of the developing countries. Part III sets out and explains specific proposals put forward by the UNCTAD secretariat as suitable curative measures. Part IV covers the case for comprehensive, interrelated reform of trading relations; details of the proposed new mechanisms tabled by the secretariat from time to time; and discussion of the characteristics of various individual commodities and their particular importance in the trade of the developing countries. Part V focuses on the role of UNCTAD in the UN system, which entails discussion of the structure of the system as a whole and examination of the nature of international economic negotiations, in both their substantive and procedural aspects.

  • Asia and the New International Economic Order

    Pergamon Policy Studies on The New International Economic Order
    • 1st Edition
    • Jorge A. Lozoya + 1 more
    • English
    Asia and the New International Economic Order discusses issues concerning the establishment of the New International Economic Oder (NIEO) in Asia. The book addresses several themes concerning NIEO in Asia, such as trade, industrialization, food, raw materials, natural resources, regional integration, and socio-cultural issues. The text is comprised of 11 chapters; each tackles a specific region in Asia. The first chapter covers the socio-cultural imperatives. Chapters 2 and 3 discuss Japan’s and South Korea’s relationship with the NIEO, respectively. Chapters 4 and 5 cover China and the NIEO, while Chapters 6 and 7 tackle India and the NIEO. Chapter 8 talks about the natural resources and raw materials in Southeast Asia. Chapter 9 discusses the economic development of the members of the Association of Southeast Asian Nations (ASEAN), while Chapter 10 covers the NIEO-Indonesian relations. The last chapter deals with Australia and the NIEO. This book will be of great use to individuals who are interested in the activities of the NIEO in Asia.