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Books in Economics and finance

Our Economics and Finance titles are essential reading for students, scholars, policymakers, and market practitioners who want to stay up-to-date with the latest research and foundational topics in the field, from financial markets and trade to e-commerce, econometrics, quantiative investing, financial technology, financial engineering, global finance, corporate finance, law and economics, macro and microeconomics, and risk management.

Titles manage to balance quality of content with the increasing demand for a wider view of the vast array of topics in the field of Economics and Finance.

BooksJournals

    • Advances in Portfolio Construction and Implementation

      • 1st Edition
      • June 25, 2003
      • Alan Scowcroft
      • English
      • Paperback
        9 7 8 0 0 8 0 9 7 1 8 6 5
      • eBook
        9 7 8 0 0 8 0 4 7 1 8 4 6
      Modern Portfolio Theory explores how risk averse investors construct portfolios in order to optimize market risk against expected returns. The theory quantifies the benefits of diversification.Mode... Portfolio Theory provides a broad context for understanding the interactions of systematic risk and reward. It has profoundly shaped how institutional portfolios are managed, and has motivated the use of passive investment management techniques, and the mathematics of MPT is used extensively in financial risk management.Advances in Portfolio Construction and Implementation offers practical guidance in addition to the theory, and is therefore ideal for Risk Mangers, Actuaries, Investment Managers, and Consultants worldwide. Issues are covered from a global perspective and all the recent developments of financial risk management are presented. Although not designed as an academic text, it should be useful to graduate students in finance.

    • Achieving Market Integration

      • 1st Edition
      • November 26, 2003
      • Scott McCleskey
      • English
      • Paperback
        9 7 8 0 0 8 0 9 7 3 0 2 9
      • Hardback
        9 7 8 0 7 5 0 6 5 7 4 5 7
      • eBook
        9 7 8 0 0 8 0 4 9 3 1 7 6
      Best execution, market integration, and other major financial market issues have traditionally been dealt with as separate matters requiring individual solutions. In Achieving Market Integration the author demonstrates the interrelated nature of these and other imperative problems, and sensibly reduces them to their common fundamental principles. Beginning with an in-depth examination of best execution in today's multiple-market environment, the book moves logically into an examination of market structure and the problems of achieving genuine integration. The book makes the case that order interaction is fundamental to addressing each of these issues, and develops a unified regulatory approach to achieve true market integration based on intermarket linkages and a cross-market best execution policy. This unique approach culminates in a coherent set of policy recommendations and an innovative framework for assessing the effectiveness of future policy proposals.

    • Risk Management, Speculation, and Derivative Securities

      • 1st Edition
      • June 10, 2002
      • Geoffrey Poitras
      • English
      • Paperback
        9 7 8 0 1 2 3 9 9 5 9 9 5
      • Hardback
        9 7 8 0 1 2 5 5 8 8 2 2 5
      • eBook
        9 7 8 0 0 8 0 4 8 0 7 5 6
      Its unified treatment of derivative security applications to both risk management and speculative trading separates this book from others. Presenting an integrated explanation of speculative trading and risk management from the practitioner's point of view, Risk Management, Speculation, and Derivative Securities is the only standard text on financial risk management that departs from the perspective of an agent whose main concerns are pricing and hedging derivatives. After offering a general framework for risk management and speculation using derivative securities, it explores specific applications to forward contracts and options. Not intended as a comprehensive introduction to derivative securities, Risk Management, Speculation, and Derivative Securities is the innovative, useful approach that addresses new developments in derivatives and risk management.

    • Handbook of Agricultural Economics

      • 1st Edition
      • Volume 2A
      • December 17, 2002
      • Bruce L. Gardner + 1 more
      • English
      • Hardback
        9 7 8 0 4 4 4 5 1 0 8 0 8
      • eBook
        9 7 8 0 0 8 0 8 8 5 9 0 2
      The subject matter of agricultural economics has both broadened and deepened and the chapters of this handbook present innovative work in the field. This volume contains sections on "agriculture, natural resources and the environment" and "agriculture in the macroeconomy". Volume 2B completes the handbook with a section on "agriculture and food policy". Although agricultural economists have always paid attention to these topics, research devoted to them has increased substantially in scope as well as depth in recent years.

    • Life-Cycle Savings and Public Policy

      • 1st Edition
      • December 23, 2002
      • Axel Borsch-Supan
      • English
      • Hardback
        9 7 8 0 1 2 1 0 9 8 9 1 9
      • Paperback
        9 7 8 0 1 2 3 9 9 5 3 4 6
      • eBook
        9 7 8 0 0 8 0 5 1 0 1 7 0
      Life-Cycle Savings and Public Policy examines data on many households from a number of different countries. The hope is that through these observations we can learn about the ways policies affect savings, and that other differences among savers can be controlled for, instead of being blamed on cultural differences. This book features a consistent framework among chapters. It reaches a harmony between measurement and analysis to compare accurately the resulting data and statistics. It provides econometric methodology to reveal the way policies affect savings. The book features data on household savings in Germany, Italy, Japan, the Netherlands, the U.K., and the U.S. This book is recommended reading for anyone interested in saving, social insurance policy, or capital formation.

    • Public Finance

      • 2nd Edition
      • May 8, 2002
      • Richard W. Tresch
      • English
      • Hardback
        9 7 8 0 1 2 6 9 9 0 5 1 5
      • eBook
        9 7 8 0 0 8 0 5 1 5 4 1 0
      Featuring a general equilibrium framework that is both cohesive and versatile, the Second Edition of Public Finance: A Normative Theory brings new and updated information to this classic text. Through its concentration on the microeconomic theory of the public sector in the context of capitalist market economics it addresses the subjects traditionally at the heart of public sector economics, including public good theory, theory of taxation, welfare analysis, externalities, tax incidence, cost benefit analysis, and fiscal federalism. Its goal of providing a foundation, rather than attempting to present the most recent scholarship in detail, makes this Second Edition both a valuable text and a resource for professionals.

    • Clearing, Settlement and Custody

      • 1st Edition
      • September 5, 2002
      • David Loader
      • English
      • Paperback
        9 7 8 0 7 5 0 6 5 4 8 4 5
      • eBook
        9 7 8 0 0 8 0 4 9 0 6 5 6
      'Clearing, Settlement and Custody' focuses on the clearing, settlement and custody functions by analyzing how they work and the interaction between the organizations involved. The author examines the roles of clearing houses, central counterparties, central securities depositories and the custodians, as well as, assessing the impact on the workflow and procedures in the operations function at banks, brokers and institutions. The changes that are taking place in the industry are explored and the impact for operations managers and supervisors assessed.Clearing, settlement and custody is at the heart of everything that happens in the financial markets. The evolution of clearing and settlement is one that is still happening and as such, it is impacting on the operations function through both new practices but also, increasingly, in terms of regulation, risk and reputation.In essence the efficient clearing and settlement operation is managing risk, not because it is a direct part of the process but more because it is a bi-product. The routine procedures relate to reconciliation and record keeping. If these are performed efficiently and accurately it will result in accurate records of activity and profit and loss.The settlement process is a key element in identifying and correcting errors made by dealers and traders. Failure to identify the error or act promptly will result in potentially serious financial loss, as well as worrying audit and the regulators.In addition to these concerns the financial service sector is also undergoing a massive rationalization of the structure of clearing and settlement and seeking the twin goals of automation and shortening settlement cycles. The challenge for operations managers is considerable: manage costs, eradicate inefficiencies, create an environment to be competitive, and implement the procedures to meet future changes that will occur. In this book the author looks at some of the different roles, the processes and procedures, and the key issues, in order to help those in operations meet the challenge.

    • Understanding the Markets

      • 1st Edition
      • September 4, 2002
      • David Loader
      • English
      • Hardback
        9 7 8 0 7 5 0 6 5 4 6 5 4
      • eBook
        9 7 8 0 0 8 0 5 2 0 0 4 9
      An analysis of the major securities, derivatives and money markets from an operations point of view, 'Understanding the Markets' takes the reader through the major features and characteristics of the markets and the products. The relationship between the trading and dealing functions and the operations functions is examined and the issues discussed.This book looks at the financial markets from the viewpoint of the person working in the operations functions that support the trading, dealing and investment processes, and as such is essential reading in order to fully understand the industry - an industry which has gone, and is still going through, much change.As the markets undergo change so too do the administration, clearing and settlement functions, as the clearing houses, securities depositories and custodians merge and diversify. This is going to impact on the operations teams that support the trading, sales and retail business. A failure to be aware of and to understand the impact of changes in the markets will create massive problems, greater risk and ultimately financial losses. And yet the sheer size and diversity of the global markets, together with the rapid pace of change and expansion, and the increasing volume of transactions needing to be processed, presents a massive challenge to operations teams and managers. Knowing how the markets work and what impacts on the operations team is crucial for managers and supervisors. In this book the author provides a full explanation of the markets and their impact in operations terms. So if you are about to embark on a career in operations 'Understanding the Markets' is essential reading. Alternatively, if you are planning a career as a dealer it will prove very useful in explaining the process that occurs after you have traded.

    • Environmental Cost Accounting

      • 1st Edition
      • June 15, 2002
      • Rupert Howes
      • English
      • Paperback
        9 7 8 1 8 5 9 7 1 5 3 7 6
      • eBook
        9 7 8 0 0 8 0 9 5 0 3 1 0
      Environmental Cost Accounting provides an introduction to the dynamic subject of corporate environmental accounting. It outlines the business case and rationale for engaging in environmental accounting. It also illustrates how leading UK companies are already adding value and reducing risk through the use of innovative environmental accounting techniques and methodologies. The second part of the book presents an environmental accounting tool kit which focuses on external cost accounting. The methodology detailed in this section provides a tool to estimate the environmental sustainability of a company's activities and operations. The methodology presented has been developed by the sustainable development organisation Forum for the Future, a UK registered charity, with support from the Chartered Institute of Management Accountants (CIMA).

    • Forecasting Volatility in the Financial Markets

      • 2nd Edition
      • August 22, 2002
      • Stephen Satchell + 1 more
      • English
      'Forecasting Volatility in the Financial Markets' assumes that the reader has a firm grounding in the key principles and methods of understanding volatility measurement and builds on that knowledge to detail cutting edge modelling and forecasting techniques. It then uses a technical survey to explain the different ways to measure risk and define the different models of volatility and return.The editors have brought together a set of contributors that give the reader a firm grounding in relevant theory and research and an insight into the cutting edge techniques applied in this field of the financial markets.This book is of particular relevance to anyone who wants to understand dynamic areas of the financial markets.* Traders will profit by learning to arbitrage opportunities and modify their strategies to account for volatility.* Investment managers will be able to enhance their asset allocation strategies with an improved understanding of likely risks and returns.* Risk managers will understand how to improve their measurement systems and forecasts, enhancing their risk management models and controls.* Derivative specialists will gain an in-depth understanding of volatility that they can use to improve their pricing models.* Students and academics will find the collection of papers an invaluable overview of this field.

Related subjects

Agricultural and natural resource economics

Business economics

Economic development technological change and growth

Economic history

Economic systems

Financial economics

General economics and teaching

Health education and welfare

Industrial organization

International economics

Labor and demographic economics

Law and economics

Macroeconomic and monetary economics

Mathematical and quantitative methods

Methodology and history of economic thought

Microeconomics

Public economics

Urban rural and regional economics