Skip to main content

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.

    • Measuring Economic Growth and Productivity

      • 1st Edition
      • November 6, 2019
      • Barbara Fraumeni
      • English
      • Paperback
        9 7 8 0 1 2 8 1 7 5 9 6 5
      • eBook
        9 7 8 0 1 2 8 1 7 5 9 7 2
      Measuring Economic Growth and Productivity: Foundations, KLEMS Production Models, and Extensions presents new insights into the causes, mechanisms and results of growth in national and regional accounts. It demonstrates the versatility and usefulness of the KLEMS databases, which generate internationally comparable industry-level data on outputs, inputs and productivity. By rethinking economic development beyond existing measurements, the book's contributors align the measurement of growth and productivity to contemporary global challenges, addressing the need for measurements as well as the Gross Domestic Product. All contributors in this foundational volume are recognized experts in their fields, all inspired by the path-breaking research of Dale W. Jorgenson.
    • IFRS 9 and CECL Credit Risk Modelling and Validation

      • 1st Edition
      • January 15, 2019
      • Tiziano Bellini
      • English
      • Paperback
        9 7 8 0 1 2 8 1 4 9 4 0 9
      • eBook
        9 7 8 0 1 2 8 1 4 9 4 1 6
      IFRS 9 and CECL Credit Risk Modelling and Validation covers a hot topic in risk management. Both IFRS 9 and CECL accounting standards require Banks to adopt a new perspective in assessing Expected Credit Losses. The book explores a wide range of models and corresponding validation procedures. The most traditional regression analyses pave the way to more innovative methods like machine learning, survival analysis, and competing risk modelling. Special attention is then devoted to scarce data and low default portfolios. A practical approach inspires the learning journey. In each section the theoretical dissertation is accompanied by Examples and Case Studies worked in R and SAS, the most widely used software packages used by practitioners in Credit Risk Management.
    • The Era of Chinese Multinationals

      • 1st Edition
      • November 8, 2019
      • Lourdes Casanova + 1 more
      • English
      • Paperback
        9 7 8 0 1 2 8 1 6 8 5 7 8
      • eBook
        9 7 8 0 1 2 8 1 7 0 6 0 1
      Chinese multinationals have grown in size and increased their global presence dramatically over the last decade. They have emerged as formidable competitors for western incumbents. These firms have instigated profound changes, such as displaced trade and investment flows, new business models, and the emergence of a new geography of global innovation. In a single volume, The Era of Chinese Multinationals captures the forces driving the disruptive growth of Chinese multinational corporations. Following a presentation of the surge of Chinese companies, the book turns to corporate characteristics of those firms and how they compare with western multinationals in terms of revenues, profits, branding, and business strategy. The book uses data and case studies to depict the relevant issues with the goal of providing insights to global executives on collaborating and competing with Chinese companies.
    • Spatial Regression Analysis Using Eigenvector Spatial Filtering

      • 1st Edition
      • September 14, 2019
      • Daniel Griffith + 2 more
      • English
      • Paperback
        9 7 8 0 1 2 8 1 5 0 4 3 6
      • eBook
        9 7 8 0 1 2 8 1 5 6 9 2 6
      Spatial Regression Analysis Using Eigenvector Spatial Filtering provides theoretical foundations and guides practical implementation of the Moran eigenvector spatial filtering (MESF) technique. MESF is a novel and powerful spatial statistical methodology that allows spatial scientists to account for spatial autocorrelation in their georeferenced data analyses. Its appeal is in its simplicity, yet its implementation drawbacks include serious complexities associated with constructing an eigenvector spatial filter. This book discusses MESF specifications for various intermediate-level topics, including spatially varying coefficients models, (non) linear mixed models, local spatial autocorrelation, space-time models, and spatial interaction models. Spatial Regression Analysis Using Eigenvector Spatial Filtering is accompanied by sample R codes and a Windows application with illustrative datasets so that readers can replicate the examples in the book and apply the methodology to their own application projects. It also includes a Foreword by Pierre Legendre.
    • Galvin - Economic Inequality and Energy Consumption in Developed Countries

      • 1st Edition
      • October 25, 2019
      • Ray Galvin
      • English
      • Paperback
        9 7 8 0 1 2 8 1 7 6 7 4 0
      • eBook
        9 7 8 0 1 2 8 1 7 6 7 5 7
      Inequality and Energy: How Extremes of Wealth and Poverty in High Income Countries Affect CO2 Emissions and Access to Energy challenges energy consumption researchers in developed countries to reorient their research frameworks to include the effects of economic inequality within the scope of their investigations, and calls for a new set of paradigms for energy consumption research. The book explores concrete examples of energy deprivation due to inequality, and provides conceptual tools to explore this in relation to other issues regarding energy consumption. It thereby urges that energy consumption approaches be updated for a world of increasing inequality. Extreme economic inequality has increased within developed countries over the past three decades. The effects of inequality are now seen increasingly in health, housing affordability, crime and social cohesion. There are signs it may even threaten democracy. Researchers are also exploring its effects on energy consumption. One of their key findings is that less privileged groups have lost consistent access to basic energy services like warm homes and affordable transport, leading to huge disparities of climate damaging emissions between rich and poor.
    • Energy and Behaviour

      • 1st Edition
      • November 1, 2019
      • Marta Lopes + 2 more
      • English
      • Paperback
        9 7 8 0 1 2 8 1 8 5 6 7 4
      • eBook
        9 7 8 0 1 2 8 1 8 5 6 8 1
      Changes to energy behaviour — the role of people and organisations in energy production, use and efficiency — are critical to supporting a societal transition towards a low carbon and more sustainable future. However, which changes need to be made, by whom, and with what technologies are still very much under discussion. This book, developed by a diverse range of experts, presents an international and multi-faceted approach to the sociotechnical challenge of engaging people in energy systems and vice versa. By providing a multidisciplinary view of this field, it encourages critical thinking about core theories, quantitative and qualitative methodologies, and policy challenges. It concludes by addressing new areas where additional evidence is required for interventions and policy-making. It is designed to appeal to new entrants in the energy-efficiency and behaviour field, particularly those taking a quantitative approach to the topic. Concurrently, it recognizes ecological economist Herman Daly’s insight: what really counts is often not countable.  
    • Panel Data Econometrics

      • 1st Edition
      • June 18, 2019
      • Mike Tsionas
      • English
      • Paperback
        9 7 8 0 1 2 8 1 4 3 6 7 4
      • eBook
        9 7 8 0 1 2 8 1 4 4 3 1 2
      Panel Data Econometrics: Theory introduces econometric modelling. Written by experts from diverse disciplines, the volume uses longitudinal datasets to illuminate applications for a variety of fields, such as banking, financial markets, tourism and transportation, auctions, and experimental economics. Contributors emphasize techniques and applications, and they accompany their explanations with case studies, empirical exercises and supplementary code in R. They also address panel data analysis in the context of productivity and efficiency analysis, where some of the most interesting applications and advancements have recently been made.
    • Measuring Road Safety with Surrogate Events

      • 1st Edition
      • November 5, 2019
      • Andrew Tarko
      • English
      • Paperback
        9 7 8 0 1 2 8 1 0 5 0 4 7
      • eBook
        9 7 8 0 1 2 8 1 0 5 0 5 4
      Measuring Road Safety Using Surrogate Events provides researchers and practitioners with the tools they need to quickly and effectively measure traffic safety. As traditional crash-based safety analyses are being undermined by today’s growing use of intelligent vehicular and road safety technologies, crash surrogates--or near misses--can be more effectively used to measure the future risk of crashes. This book advances the idea of using these near-crash techniques to deliver quicker and more adequate measurements of safety. It explores the relationships between traffic conflicts and crashes using an extrapolation of observed events rather than post-crash data, which is significantly slower to obtain. Readers will find sound estimation methods based on rigorous scientific principles, offering compelling new tools to better equip researchers to understand road safety and its factors.
    • Mergers, Acquisitions, and Other Restructuring Activities

      • 10th Edition
      • August 13, 2019
      • Donald DePamphilis
      • English
      • Paperback
        9 7 8 0 1 2 8 1 5 0 7 5 7
      • eBook
        9 7 8 0 1 2 8 1 5 0 7 6 4
      Mergers, Acquisitions, and Other Restructuring Activities: An Integrated Approach to Process, Tools, Cases, and Solutions, Tenth Edition, is the most comprehensive and cutting-edge text available on the subject. Supported by recent peer-reviewed academic research, this book provides many recent, notable deals, precedent-setting judicial decisions, government policies and regulations, and trends affecting M&As, as well as takeover strategies and tactics. Today's policies, politics and economics are reflected in the book's 40 case studies, 90% of which involve deals either announced or completed during the last several years. These cases represent friendly, hostile, highly leveraged, and cross-border transactions in ten different industries, involving public and private firms and those experiencing financial distress. Sections discuss an overview of M&As, key regulations, common strategies and tactics, how managers may choose a business strategy from available options, valuation methods and basic financial modeling techniques, the negotiating process, how deal structuring and financing are inextricably linked, how consensus is reached during the bargaining process, the role of financial models in closing the deal and strategic growth options as alternatives to domestic M&As.
    • Funding the Greek Crisis

      • 1st Edition
      • June 15, 2018
      • Constantinos Ikonomou
      • English
      • Paperback
        9 7 8 0 1 2 8 1 4 5 6 6 1
      • eBook
        9 7 8 0 1 2 8 1 4 5 6 7 8
      How does one distinguish between European Union investments that improve welfare and those that create economic malaise? Funding the Greek Crisis: The European Union, Cohesion Policies, and the Great Recession explores the sources of the Greek Crisis that lie primarily in EU policies that appeared to have worked better for other countries but not for Greece. Without overly simplifying the Greek condition, it provides insights into policies the countries of the euro area may need to implement in order to ensure collective cohesion and individual success. Arguing that EU preferences for autonomous investments discouraged organic development with lasting implications, Funding the Greek Crisis sheds new light on the nature of regional competitiveness and public economics.