28 Dec 2007

Ronald Klimberg , Kenneth D Lawrence, " Applications of Management Science"


Volume 12 of the Applications of Management Science series is directed toward the applications of management science to (1) Multi-Criteria Decision Making, (2) Operations and Supply Chain Management, (3) Productivity Management (DEA), and (4) Financial Management.

This volume will prove valuable to researchers, practitioners and students of management science and operations research. It provides an overview of some of the most essential aspects of the discipline and is an excellent point of reference for persons interested in management or management science.

*Focuses on four key applications of management science
*Targeted towards a wide audience of researchers, practitioners, and students


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Cornelia J. Strawser, Mary Meghan Ryan, " Business Statistics of the United States, 2007"


Based on the popular Business Statistics formerly published by the U. S. government, this fine reference packs in 2,000 economic data series, industry profiles, and details on major Federal changes and economic trends. Use this as a business reference to obtain the data for reports, trend analysis, and research.


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Boston Institute of Finance, "The Boston Institute of Finance Mutual Fund Advisor Course: Series 6 and Series 63 Test Prep"


parallel the content of the exams. Each chapter includes review questions and provides the core knowledge necessary to pass the exams. The associated test-prep Web course provides sample test questions and tips that will help you get a better feel for the actual exams.

Filled with in-depth insight and expert guidance, you wont need anything else to pass the Series 6 and Series 63 exams. Order your copy today.


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E. R. Yescombe, " Public-Private Partnerships Principles of Policy and Finance"


Review
"This extremely useful book offers a systematic presentation of the recent trend where governments look increasingly to private sector for building and managing infrastructure facilities as well as for providing specialized services. The text covers a wide range of issues, from very general policy ones faced by authorities in considering whether to adopt the PPP route to much more technical ones, including financial analysis, procurement, financial and legal structuring. Written by an experienced practitioner, Mr. Yescombes work represents an invaluable and authoritative guide to all parties involved in PPPs- from investors, bankers, companies providing infrastructure and services to public sector authorities and the public at large as the main user of PPP facilities and/or services. The book is expected to be an excellent introduction for newcomers into the PPP business as well as a valuable reference source for all those that already have experience in the subject."
- Mojmir Mrak, Professor of International Finance, Ljubljana Faculty of Economics, University of Ljubljana, Slovenia --Mojmir Mrak, Professor of International Finance, Ljubljana Faculty of Economics, University of Ljubljana, Slovenia


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J. Timothy Sale, "Advances in International Accounting, Volume 14 "


Advances in International Accounting is a refereed, academic research annual, that is devoted to publishing articles about advancements in the development of accounting and its related disciplines from an international perspective. This serial examines how these developments affect the financial reporting and disclosure practices, taxation, management accounting practices, and auditing of multinational corporations, as well as their effect on the education of professional accountants worldwide.
Advances in International Accounting welcomes traditional and alternative approaches, including theoretical research, empirical research, applied research, and cross-cultural studies.


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Sunanda Sen, "Global Finance at Risk On Real Stagnation and Instability"


Sunanda Sen offers an analysis of the ongoing malaise in the world economy, which include the financial and real instability as well as economic recession and lack of development. Rejecting the explanations advanced by the orthodoxy, she deplores the retrograde steps in the interest of high finance. This calls for a change in policies, away from the contractionary monetarist devices and in the direction of demand expansion which will prove mutually beneficial for both advanced and developing countries.


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Ray Fitzgerald, "Business Finance for Managers An Essential Guide to Planning, Control and Decision Making"


Business Finance for Managers: An Essential Guide to Planning, Control and Decision Making


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George Bojadziev, Maria Bojadziev, "Fuzzy Logic for Business, Finance, and Management"


This is truly an interdisciplinary book for knowledge workers in business, finance, management and socio-economic sciences based on fuzzy logic. It serves as a guide to and techniques for forecasting, decision making and evaluations in an environment involving uncertainty, vagueness, impression and subjectivity. Traditional modeling techniques, contrary to fuzzy logic, do not capture the nature of complex systems especially when humans are involved. Fuzzy logic uses human experience and judgement to facilitate plausible reasoning in order to reach a conclusion. Emphasis is on applications presented in the 27 case studies including Time Forecasting for Project Management, New Product Pricing, and Control of a Parasit-Pest System.


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Pierre Vernimmen , Pascal Quiry, "Corporate Finance Theory & Practice"


Corporate Finance: Theory and Practice covers the theory and practice of Corporate Finance from a truly European perspective. It shows how to use financial theory to solve practical problems and is written for students of corporate finance and financial analysis and practising corporate financiers. Corporate Finance is split into four sections and covers the basics of financial analysis; the basic theoretical knowledge that you will need to value a firm; the major types of financial securities: equity, debt & options and finally financial management which shows you how to organise a company’s equity capital, buying and selling companies, M&A, bankruptcy and cash flow management.

Key features include:
A section on financial analysis – a Corporate Financier must understand a company based on a detailed analysis of its accounts. Large numbers neglected this approach during the last stock market bubble and were caught in the crash that inevitably followed. How many investors took the trouble to read Enron’s annual report? Those who did found that it spoke volumes!
End of Chapter Summary, Questions and Answers, Glossary, European Case Studies
A supporting Website http://www.vernimmen.com with free access to statistics, a glossary & lexicon; articles, notes on financial transactions, basic financial figures for more than 10,000 European and US listed companies, thesis topics, a bibliography; case studies, Q&A; A letter box for your questions to the authors – a reply guaranteed within 72 hours!
A free monthly newsletter on Corporate Finance sent out to subscribers to the site.
The book, the website www.vernimmen.com and the Vernimmen.com newsletter are all written and created by an author team who are both investment bankers/corporate financiers and academics.

"Impressive book for finance professionals - Probably the best recently published Corporate Finance book with a truly European emphasis. The balance between theory and practice makes this book an excellent tool for Investment Bankers and other finance professionals, as it covers both basic as well as more sophisticated topics. Particularly impressive is their commitment to continuously updating material, as well as the regular publication of a newsletter containing timely articles on various current finance topics. The possibility of asking questions to the authors and effectively receiving in-depth answers for free is a very valuable feature. I sincerely recommend this text." Amazon.co.uk 31 October 2005

"An excellent book for all business students - For a few months already, the Vernimmen.com website had been helping me for my finance class, as well as the monthly newsletter. I finally bought the book, and I have not been disappointed: the style is clear, very practical ; theories are mixed with real cases, which makes them easy to understand. Valuation techniques are well explained (discounted cash flow methods, methods based on ratios). Fundamental concepts (accounting, finance, financial markets) are recalled in the first part; when more complex concepts are tackled (investment analysis, LBOs, capital structure...), they are explained with lots of simplicity and conciseness.
I recommend this book for every student in Management or Finance!"


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Bartholomew Frederick Dowling, "Evolutionary Finance "


The purpose of this book is to introduce the field of bioinformatics to financial modelling. It focuses on the way information informs price, and constructs a framework to explain information generation and the agglomeration process, enabling the reader to make more effective financial decisions. Based on all aspects of applied finance, this book uses informational analysis to help the reader understand the similarities between biomathematics and financial mathematics.


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The Silver Lake Editors, "Credit Scores, Credit Cards: How Consumer Finance Works: How to Avoid Mistakes and How to Manage Your Accounts Well"


How to make sure your credit history, financial data, account information and other essentials are strong and safe! In 2001, the average North American consumer spent nearly $40,000 on credit cards. By 2005, this average person will carry over $50,000 in consumer debt - not counting mortgages or car loans! This unsecured consumer debt is fundamentally changing the way Americans live: * the tradition of a home owned free and clear has become unusual as people borrow against their homes and refinance repeatedly to pay for discretionary spending * financing vacations, electronics and dining out with multiple credit cards is commonplace At the same time, credit scores have become the golden keys to successful borrowing. But what does it all mean? How do you know you’re managing your credit wisely? In a credit-based economy, your credit score means as much to you as money in the bank meant to your grandparents --and here's how to protect it!


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Graham Friend, Stefan Zehle, "Guide to Business Planning


To get any new business idea off the ground you must have a plan--and if you need to raise funds to finance the business or get the approval of senior management, it must be a convincing plan. This guide covers every aspect of preparing a business plan including how to analyze the market, how to model the business and financial statements, and analysis of risk and the assessment of both the upside and potential downside, and the all-important executive summary--often the only part of a business plan that is read. Finally, "Guide to Business Planningshows how to use a business plan to help put your ideas into practice and how to monitor and measure the performance of the business. This newest title in The Economist series is critical for businesspeople who have an idea and need a plan.


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27 Dec 2007

Lior Arussy, "Passionate and Profitable: Why Customer Strategies Fail and Ten Steps to Do Them Right!"


Why, despite spending billions of dollars in customer relationship programs and other customer initiatives, do some companies still exhibit poor results in gaining and holding on to customers? Intentions and initiatives are common, but the harder task is living and executing them. Passionate and Profitable takes a critical stand on customer relationships and offers a new approach to help you build strong relationships that have customers returning again and again¿for years to come! There is not one company out there that doesn't claim to put their customers first, yet very few of them can demonstrate long-term success in forming strong, sustainable, and profitable relationships with customers. Passionate and Profitable details the critical decisions and trade-offs companies must make in order to focus their efforts on the customer. These choices are often tough but necessary to establish a relationship that goes beyond the occasional and accidental.

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22 Dec 2007

Michael C. Thomsett, "The Little Black Book of Project Management


This book is designed to help project managers take charge of any project and its individual responsibilities, like defining the scope of a project, scheduling and budgeting, identifying and assigning tasks.

Fully revised with new information about project management in the electronic age, the book also includes specifics about conforming with newly updated Project Management Body of Knowledge standards. Following those standards as outlined in this book allows project leaders to achieve:

* On-time delivery of results * Superior organizational ability * A reputation for dependability * Consistent profit generation

The book features basic information on how to create the foundation and structure of projects, as well as a guide for accomplishing every phase along the way to completion


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Mark C. Tibergien, Owen Dahl, "How to Value, Buy, or Sell a Financial Advisory Practice: A Manual on Mergers, Acquisitions, and Transition Planning"


Morningstar Advisor, August 11th, 2006
The most comprehensive treatment to date on buying or selling a practice...I highly recommend it.

Financial Planning magazine - September 2006
"The book is well-organized and easy to follow, with helpful calculations, charts and checklist...an invaluable resource."

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Christine A. Mallin, "Handbook on International Corporate Governance"


This major new Handbook provides a comprehensive analysis of the development of corporate governance across a range of countries including Australia, Germany, India, Italy, Japan, Poland, Russia, South Africa, Spain, Turkey and the UK. While the stage in the corporate governance life cycle may vary from country to country, there are certain core features which emerge such as the importance of transparency, disclosure, accountability of directors and protection of minority shareholders’ rights.

With contributions by leading academics and practitioners in the field of corporate governance, the Handbook on International Corporate Governance provides an eloquent insight into the evolution of corporate governance in countries with diverse cultural, economic and legal systems.


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18 Dec 2007

Gunnar Bardsen, Oyvind Eitrheim, Eilev S. Jansen, Ragnar Nymoen, "The Econometrics of Macroeconomic Modelling"


Macroeconometric models, in many ways the flagships of the economist's profession in the 1960s, came under increasing attack from both theoretical economist and practitioners in the late 1970s. Critics referred to their lack of microeconomic theoretical foundations, ad hoc models of expectations, lack of identification, neglect of dynamics and non-stationarity, and poor forecasting properties. By the start of the 1990s, the status of macroeconometric models had declined markedly, and had fallen completely out of, and with, academic economics. Nevertheless, unlike the dinosaurs to which they often have been likened, macroeconometric models have never completely disappeared from the scene. This book describes how and why the discipline of macroeconometric modelling continues to play a role for economic policymaking by adapting to changing demands, in response, for instance, to new policy regimes like inflation targeting. Model builders have adopted new insights from economic theory and taken advantage of the methodological and conceptual advances within time series econometrics over the last twenty years. The modelling of wages and prices takes a central part in the book as the authors interpret and evaluate the last forty years of international research experience in the light of the Norwegian 'main course' model of inflation in a small open economy. The preferred model is a dynamic model of incomplete competition, which is evaluated against alternatives as diverse as the Phillips curve, Nickell-Layard wage curves, the New Keynesian Phillips curve, and monetary inflation models on data from the Euro area, the UK, and Norway. The wage price core model is built into a small econometric model for Norway to analyse the transmission mechanism and to evaluate monetary policy rules. The final chapter explores the main sources of forecast failure likely to occur in a practical modelling situation, using the large-scale nodel RIMINI and the inflation models of earlier chapters as case studies


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Jesús Huerta de Soto, " Money, Bank Credit, and Economic Cycles"


Such a book as this comes along only once every several generations: a complete comprehensive treatise on economic theory. It is sweeping, revolutionary, and devastating--not only the most extended elucidation of Austrian business cycle theory to ever appear in print but also a decisive vindication of the Misesian-Rothbardian perspective on money, banking, and the law.

Jörg Guido Hülsmann has said that this is the most significant work on money and banking to appear since 1912, when Mises's own book was published and changed the way all economists thought about the subject.


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Jonathan Reuvid, "Corporate Investment Opportunities in the New Europe"



When, in May 2004, the European Union welcomed the accession of 10 new member countries--primarily from former Communist Central Europe and the Baltics--the EU's population increased by 20%. The 10 Accession States added a combined population of 75 million and GDP of more than $430 billion. There is a considerable momentum in these economies as a result of the major investment by global companies, the emergence of local SMEs and the restructuring of former state corporations. Each major country in the region is a substantial industrial and consumer market in its own right and many of these countries are working hard to catch up on the rest of Europe and have shown, by solid economic growth, that they have the capability to become more important players in Europe. This book examines how the accession process has affected the economic prospects of the new member states and the enlarged EU as a whole. It focuses on the opportunities for foreign investors in each of the 10 new members, comparing their economic environment and business conditions with those of the 15 longer-established member states. It also includes a detailed assessment of business conditions in the three latest admission candidates: Bulgaria, Croatia and Romania and details of key inward investors.


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Jay E. Fishman , Shannon P. Pratt , William J. Morrison, "Standards of Value: Theory and Applications"



It is axiomatic that every valuation of a business or business interest must contain a definition or standard of value. Each standard of value contains numerous assumptions, and there can be significant variation in the application of a particular standard of value and its underlying assumptions. Standards of Value addresses many of the ambiguities inherent in applying common standards of value.

Written by Jay Fishman, Shannon Pratt, and William Morrison—three renowned valuation practitioners who deal with these issues on a daily basis—this book discusses the interaction between valuation theory and its judicial and regulatory application. A must-read for appraisers, accountants, judges, attorneys, and appraisal users, this insightful book addresses standards of value as applied in four distinct contexts: estate and gift taxation; shareholder dissent and oppression; divorce; and financial reporting. Here, practitioners will discover some of the intricacies of performing services in these venues, and appraisers will find this book helpful in understanding why the practitioners are asking such questions.

Providing expert direction on interpreting and applying standards of value, this guide includes:
Valuations for estate and gift tax, shareholder dissent and oppression, and divorce matters presented within their respective judicial frameworks
Case-by-case reasoning behind appraisal-related decisions
State-by-state analyses that provide a clearer idea of how a state's established case law may give insight on the standard of value
A general overview of the concepts of value, cost, and price
Fair market value in estate and gift tax valuations
Fair value in dissenting and oppressed shareholder matters
The premises and standards of value used when valuing a business in divorce
Current and proposed standards for the reporting of assets and liabilities for corporations as established by the Financial Accounting Standards Board (FASB) of the AICPA


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15 Dec 2007

Robert Carbaugh, "International Economics, 10th Edition"


The hallmark approach of this very successful market-leading text is its clear and concise treatment of international trade and finance theory illustrated with a wealth of the most up-to-date contemporary issues and examples. Carbaugh demonstrates the relevance of theory through real-world economic issues. Theoretical discussions are presented in both verbal and graphical terms, making the book highly accessible to students with little economics background. Its concise and flexible format makes it an ideal fit for most one-term courses.


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Lucio Sarno , Mark P. Taylor, Jeffery A. Frankel, "The Economics of Exchange Rates"


This book is a survey of exchange-rate economics. Using the latest econometric techniques, it covers the main theories that explain the determination of exchange rates and utilizes recent empirical data on exchange rate behavior.


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World Bank Publications, "Global Economic Prospects 2007: Managing The Next Wave of Globalization"


World Bank Publications, "Global Economic Prospects 2007: Managing The Next Wave of Globalization"


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United Nations Publications, "World Economic Situation and Prospects 2007"


World Economic Situation and Prospects 2007

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12 Dec 2007

Options Institute, "Options: Essential Concepts and Trading Strategies"


Options, when used strategically can help investors control investment risk, capitalize on market opportunities, or enhance investment income. In order to maximize these opportunities, market participants must first grasp the fundamentals of options, including their attendant risk, features, and benefits. Options: Essential Concepts and Trading Strategies is an authoritative guide to options products and the tactics for incorporating them into an investment strategy. This easy-to-understand guide explains what options are, how they are priced, and how they are traded. Most importantly, it shows how options can enhance a portfolio's performance and help readers meet their investment objective. Covering Everything from the history of the options industry to the latest index options and products (including LEAPS, CAPS, and FLEX) this revised edition shows how to: Use options to protect profits, positions and portfolios; Make more informed, strategic decisions when buying or selling equity and index options- and avoid the most common pitfalls; Understand options pricing and forecasting theories without getting bogged down in the math.


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11 Dec 2007

David Romer, " Advanced Macroeconomics, Solutions Manual"


Advanced Macroeconomics, Solutions Manual


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David Romer, "Advanced Macroeconomics"


Designed for graduate courses in macroeconomics, this important new text by a distinguished economist is the latest addition to McGraw-Hill's Advanced Series in Economics. The text is an introduction to the study of macroeconomics at an advanced level. Within each part, the major issues and competing theories are discussed. The presentation of theories is supplemented with examples of relevant empirical work as a way of illustrating how macroeconomics theories can be applied or tested. Each chapter concludes with an extensive set of problems.

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10 Dec 2007

Hans Follmer, Alexander Schied, "Stochastic Finance An Introduction in Discrete Time"


This book is an introduction to financial mathematics for mathematicians. It is intended both for graduate students with a certain background in probability theory as well as for professional mathematicians in industry and academia. In contrast to many textbooks on mathematical finance, only discrete-time stochastic models are considered. This setting has the advantage that the text can concentrate from the beginning on typical problems which are suggested by financial applications. Moreover, certain principles, such as the general incompleteness of realistic market models, become thus more transparent and visible. On the other hand, all models are based on general probability spaces, and so the text captures the interplay between probability theory and functional analysis which is typical for modern mathematical finance.

The first part of the book contains a study of financial investments in a static one-period market model. Here, an investor faces intrinsic risk and uncertainty, which cannot be hedged away. The tools presented to deal with this situation range from the classical theory of expected utility until the more recent development of measures of risk.

In the second part of the book, the idea of dynamic hedging and arbitrage-free pricing of contingent claims is developed in a multi-period framework. Such market models are typically incomplete, and particular focus is given to

methods combining the dynamic hedging of a risky position with the tools of assessing risk and uncertainty as presented in part.

Contents: Mathematical finance in one period: Arbitrage theory. Expected utility. Optimal investments. Measures of risk Dynamic Arbitrage Theory: Dynamic hedging of contingent claims. American contingent claims. Optional decomposition and super-hedging. Efficient hedging in incomplete markets. Minimizing the hedging error. Hedging under constraints


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Subal C. Kumbhakar, C. A. Knox Lovell, "Stochastic Frontier Analysis"


Review
"Every so often a book is written that pulls together a large subject matter in an accessible way, covering both theoretical and applied developments. This is such a book." Journal of Economic Literature

Book Description
This book develops econometric techniques for the estimation of production, cost and profit frontiers, and for the estimation of the technical and economic efficiency with which producers approach these frontiers. Since these frontiers envelop rather than intersect the data, and since the authors continue to maintain the traditional econometric belief in the presence of external forces contributing to random statistical noise, the work is titled Stochastic Frontier Analysis


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9 Dec 2007

Andrew A. Adams, "The Split Capital Investment Trust Crisis "


Split capital investment trusts (splits) became fashionable in the late 1990s but the splits boom led to some spectacular collapses as the bear market unfolded. Despite warnings from certain analysts, academics and journalists, over 20 splits have gone bust leaving many private investors seeking redress. A major FSA investigation is now underway.

This book, with contributions from specialists intimately involved with the crisis, provides an in-depth and authoritative review of splits, discussing their history, what went wrong, and lessons for the future. A range of views is expressed by the contributors.

The book is divided into five parts:
The Crisis past financial crises, evolution of the split trust sector, the crisis unfolds
The Split Capital Trust Market the structures, the risks, valuing the shares
Response to the Crisis the media, regulatory and political response
Management Issues corporate governance, some ethical considerations, reputational risk
Looking Forward product innovation and marketing, some implications for the fund management industry, lessons for the future


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Hakikur Rahman , "Information And Communication Technologies for Economic And Regional Developments"


"The information revolution has completely transformed the global development approach through innovative utilization of information and communication technologies (ICTs). Specifically, in ICT practices for development, contribution of information and knowledge management is significant. Information and Communication Technologies for Economic and Regional Developments includes evolution, planning, development, implementation, and practical implications of diversified development practices around the world, focusing on socio-economic empowerment and regional developments through ICTs. Information and Communication Technologies for Economic and Regional Developments provides recommendations, success cases and failures of those development practices that can be taken into consideration for future project preparation."


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8 Dec 2007

James J. Heckman, Edward Leamer, "Handbook of Econometrics, Volume 6A"


As conceived by the founders of the Econometric Society, econometrics is a field that uses economic theory and statistical methods to address empirical problems in economics. It is a tool for empirical discovery and policy analysis. The chapters in this volume embody this vision and either implement it directly or provide the tools for doing so. This vision is not shared by those who view econometrics as a branch of statistics rather than as a distinct field of knowledge that designs methods of inference from data based on models of human choice behavior and social interactions. All of the essays in this volume and its companion volume 6B offer guidance to the practitioner on how to apply the methods they discuss to interpret economic data. The authors of the chapters are all leading scholars in the fields they survey and extend.

*Part of the renown Handbooks in Economics series
*Updates and expands the exisiting Handbook of Econometrics volumes
*An invaluable reference written by some of the world's leading econometricians.


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James J. Heckman, Edward Leamer, "Handbook of Econometrics, Volume 6B"


As conceived by the founders of the Econometric Society, econometrics is a field that uses economic theory and statistical methods to address empirical problems in economics. It is a tool for empirical discovery and policy analysis. The chapters in this volume embody this vision and either implement it directly or provide the tools for doing so. This vision is not shared by those who view econometrics as a branch of statistics rather than as a distinct field of knowledge that designs methods of inference from data based on models of human choice behavior and social interactions. All of the essays in this volume and its companion volume 6A offer guidance to the practitioner on how to apply the methods they discuss to interpret economic data. The authors of the chapters are all leading scholars in the fields they survey and extend.


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7 Dec 2007

Rob Kaas, Marc Goovaerts, Jan Dhaene, Michel Denuit , "Modern Actuarial Risk Theory"


Apart from standard actuarial theory, Modern Actuarial Risk Theory contains methods that are relevant for actuarial practice, for instance the rating of automobile insurance policies, premium principles and IBNR models, as well as generalized linear models with an eye on actuarial applications. Furthermore extensive introductions are given to credibility theory and ordering of risks. The book reflects the state of the art in actuarial risk theory. In addition to some chapters which are compatible with official material of actuarial education in North-America, Europe and other parts of the world, the book contains important material on topics that are relevant for recent insurance and actuarial developments including determining solvency measures, fair-value computations, reserving, ranking of risks, modelling dependencies and the use of generalized linear models. Basic ideas on risk measures in the framework of insurance premiums are also considered. The numerous exercises contained in Modern Actuarial Risk Theory, together with the hints for solving the more difficult ones and the numerical answers to many others, make the book useful as a textbook. Some important practical paradigms in insurance are presented in a way that is appealing to actuaries in their daily business. The mathematical background assumed is on a level such as acquired in the first stage of a bachelors program in quantitative economics or mathematical statistics.


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Ngai Hang Chan, " Time Series: Applications to Finance"


Review
"...polishes off all the usual topics in introductory time series analysis in a mere 89 pages..." (Technometrics, Vol. 44, No. 4, November 2002)

"...developed for a quick course...the goal is to balance theoretical background with examples of applications." (Reference & Research Book News, August 2002)

"...provides a gateway to higher things..." (Short Book Reviews, December 2002)

"...should be useful for students who are studying methods of time series analysis..." (Mathematical Reviews, 2003e)


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Marco T. Zanini, "Trust within Organizations of the New Economy. A Cross-Industrial Study"


International Management Studies


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Gilles Teyssière, Alan P. Kirman, Alan Kirman, "Long Memory in Economics "


When applying the statistical theory of long range dependent (LRD) processes to economics, the strong complexity of macroeconomic and financial variables, compared to standard LRD processes, becomes apparent. In order to get a better understanding of the behaviour of some economic variables, the book assembles three different strands of long memory analysis: statistical literature on the properties of, and tests for, LRD processes; mathematical literature on the stochastic processes involved; models from economic theory providing plausible micro foundations for the occurence of long memory in economics. Each chapter of the book will give a comprehensive survey of the state of the art and the directions that future developments are likely to take. Taken as a whole the book provides an overview of LRD processes which is accessible to economists, econometricians and statisticians.


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John Ventura, " The Credit Repair Handbook: Everything You Need to Know to Maintain, Rebuild, and Protect Your Credit"


Every year, millions of people find themselves in a financial predicament—unable to qualify for a mortgage or a school loan, get hired for a job, or realize their family’s financial and life goals—all because they have poor credit due to medical bills, overspending, or identity theft. Others are faced with lower credit limits and higher fees and interest rates, which can compound already difficult financial situations.



In The Credit Repair Handbook, trusted consumer debt and bankruptcy expert John Ventura counsels readers on how to identify problems with their credit, rebuild their credit histories and boost their credit scores, and protect their credit from identity thieves. Comprehensive, thorough, and up-to-date, this is the only guide readers will need to get their financial lives back on track.

Learn what your credit reports say about you—and how that information affects your life Rebuild your credit after serious money troublesRaise your credit scoreAvoid credit-repair scamsProtect your good credit against identity theft


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6 Dec 2007

H. Gifford Fong, "The World of Risk Management"


Risk management is a foundation discipline for the prudent conduct of investment management. Being effective requires ongoing evolution and adaptation. In The World of Risk Management, an expert team of contributors that include Nobel Prize laureates Robert C Merton and Harry M Markowitz addresses the important issues arising in the practice of risk management.

A common thread among these distinguished articles is a rigorous theoretical or conceptual basis. Illustrated with full color figures throughout, they discuss topics ranging from broad policy considerations to detailed how-to prescriptions, providing professionals and academics with useful practical implementations.


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Ira Nachem, "The Complete Guide to Financing Real Estate Developments"


The Completee Guide to Financing Real Estate Developments offers a detailed roadmap to navigate the complex process of financing small to large-scale real estate projects, such as office buildings, apartment complexes, and hotels.

Real estate expert Ira Nachem explores the pros and cons of large versus small institutions; how to structure and present a loan proposal, the approval and closing processes; the truth about appraisals, guarantees, insurance and lien law; financial and physical bonuses and constraints, environmental issues and many other topics.

Nachem presents in-depth information and explanations that answers questions on:
Who the Commercial Real Estate Lender Really Is
What Information Should the Borrower Produce
How a Workable Budget is Created
How the Lender Evaluates a Borrower
What the True Value of an Appraisal Is
What goes into a Lender's Loan Presentation
What to Expect at a Closing
What Key Legal Documents are Most Important
What the True Value of a Guarantee Is
How the Borrower and Lender Prepare for the Funding Process
What Is involved in Loan Administration After the Closing
What Is the View from the Borrower's Perspective
What Are some of the Constraints and Incentives to Development
What Are the Values and Risks of Insurance and Bonding
What Is the Reason for Title Insurance and how does it work
What Are the Complexities of Lien Law and how does it work
How Is the Loan Eventually Repaid
What Real Estate Math Is Essential for the Professional
How Important Are Environmental Issues
How Can the Lender Find New Loan Prospects
What Are the Risks and Rewards of Loan Participations

Featuring a wide range of helpful examples and illustrations, The Complete Guide to Financing Real Estate Developments covers many of the day-to-day realities faced in the real estate industry including the differing perspectives of lenders and borrowers, their personal pressures, personalities and politics, and much more.


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Thomas J. Dorsey, "Point & Figure Charting: The Essential Application for Forecasting and Tracking Market Prices"


Today's investment industry is filled with a variety of new strategies that can be used to evaluate market price movements, but many of these methods never seem to deliver on what they promise. There is one approach to investment analysis, however, that has proven itself in all types of markets, and it's called Point and Figure Charting.

In the Third Edition of Point and Figure Charting, the world's top Point and Figure charting expert, Tom Dorsey returns to explain how traders and investors alike can use this classic technique-borne out of the irrefutable laws of supply and demand-to identify and capitalize on market trends. Within these pages, Dorsey describes, step-by-step, how to create, maintain, and interpret your own Point and Figure charts with regard to markets, sectors, and individual securities. He then explains how to use these findings to track and forecast market prices and develop an overall investment strategy.

Divided into three comprehensive parts, Point and Figure Charting, Third Edition Skillfully highlights many of the new developments in this field, including:
How to use Point and Figure charting with exchange-traded funds (ETFs), commodities, mutual funds, and international securities
How different relative Strength (RS) applications can provide you with great insights into where best to allocate investment dollars
How the Bullish Percent concept that is applied to the NYSE and OTC can be applied to sectors within the market
How to construct and manage a portfolio using the Point and Figure method, coupled with solid fundamental analysis.

This book also comes with a companion CD study guide. The CD contains tests and exercises that will not only solidify your understanding of the concepts presented, but also help you apply Point and Figure charting techniques to real world trading situations.

If you're looking for an investment approach that has stood the test of time-during both bull and bear markets-and is easy enough to learn, whether you're eighteen or eighty, then Point and Figure Charting, Third Edition is the book for you. Filled with in-depth insights and expert advice, this practical guide will help you grow your assets in any market.


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K. Thomas Liaw, "Investment Banking and Investment Opportunities in China: A Comprehensive Guide for Finance Professionals"


China's economy is rapidly expanding, developing a larger consumer class and opening up new and better moneymaking opportunities. It's more important than ever that foreign investors, investment bankers, and finance professionals have a reliable guide to help them maneuver through the fast-changing Chinese economy. Investment Banking and Investment Opportunities in China is that comprehensive resource.

Due to the country's low manufacturing costs, huge and rapidly expanding consumer base, and increasingly attractive opportunities in the financial services sector, China is a magnet for business interests worldwide. But China and its culture can be difficult for Western financial professionals to fully understand. Here, Dr. Liaw provides a comprehensive analysis of Chinese investment banking and investment opportunities for the professional development of financial services practitioners.
Divided into three distinct sections, the book covers all the vital information investors and bankers need to understand in order to profit in China:

Section One: A review of China's financial markets and business environment, including the current economy, WTO membership issues, opportunities and challenges in Chinese investment, and regulatory issues
Section Two: A focus on investment banking in China covering privatization and market reforms, as well as the increased interest of large global banks in Chinese domestic financial firms
Section Three: Chinese investment opportunities, including growth and value investing, as well as financial instruments for foreign investors such as ADRs and ETFs

Investment Banking and Investment Opportunities in China is an ideal professional reference for investment banking professionals or investors looking for new foreign investment opportunities.


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Charles Mizrahi, "Getting Started in Value Investing"


"Beginning investors will find all the ABCs of success in Getting Started in Value Investing. Seasoned investors will want to keep it close by as their reference manual. You can't say enough about Charles Mizrahi's strategy of studying companies and buying them at good prices. It pays off handsomely."
—Timothy Vick, Senior Portfolio Manager, The Sanibel Captiva Trust Co., author, How to Pick Stocks Like Warren Buffett

"A marvelous introduction to value investing filled with anecdotes about the subject and the people behind the investment headlines. A delightful and practical read."
—Donald A. Yacktman, Portfolio Manager, The Yacktman Funds, Morningstar Portfolio Manager of the Year-1991

"Charles Mizrahi knows how to take the most boring stocks in the world, dress them up with his strategy, and turn them into stock market super stars."
—James Altucher, author, Trade Like a Hedge Fund, Managing Director, Formula Capital

While there are many ways to make money in today's markets, only one strategy has consistently proven itself over time—value investing.

Now, with Getting Started in Value Investing, author and veteran money manager Charles Mizrahi breaks down this successful strategy so that you can learn how to effectively incorporate it into your own investment activities.

Written in a straightforward and accessible style, Getting Started in Value Investing offers you clear insights on this profitable approach. Step by step, it will:

Examine the importance of picking businesses that have an enduring competitive advantage

Discuss the difference between price and value, and how to determine exactly what to pay for a stock

Provide non-technical explanations of a company's financial statements and how to read them

Investing isn't hard, but it does take some work. With Getting Started in Value Investing as your guide, you'll quickly discover how to cut through the noise surrounding today's markets and enhance the overall performance of your portfolio.


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Youssef Cassis, "Capitals of Capital: A History of International Financial Centres, 1780-2005"


International financial centres have come to represent a major economic stake. Yet no historical study has been devoted to them. Professor Cassis, a leading financial historian, attempts to fill this gap by providing a comparative history of the most important centres that constitute the capitals of capital - New York, London, Frankfurt, Paris, Zurich, Amsterdam, Tokyo, Hong Kong, Singapore - from the beginning of the industrial age up to the present. The book has been conceived as a reflection on the dynamics of the rise and decline of international financial centres, setting them in their economic, political, social, and cultural context. While rooted in a strong and lively historical narrative, it draws on the concepts of financial economics in its analysis of events. It should widely appeal to business and finance professionals as well as to scholars and students in financial and economic history.


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Marcel Boumans , "Measurement in Economics: A Handbook"


Measurement in Economics: a Handbook aims to serve as a source, reference, and teaching supplement for quantitative empirical economics, inside and outside the laboratory. Covering an extensive range of fields in economics: econometrics, actuarial science, experimental economics, index theory, national accounts, and economic forecasting, it is the first book that takes measurement in economics as its central focus. It shows how different and sometimes distinct fields share the same kind of measurement problems and so how the treatment of these problems in one field can function as a guidance in other fields. This volume provides comprehensive and up-to-date surveys of recent developments in economic measurement, written at a level intended for professional use by economists, econometricians, statisticians and social scientists.

*Integrative approach of measurement in economics
*Multi-disciplinary chapters
*Research practice orientation
*Up-to-date survey of measurement literature in economics and econometrics


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Michael J. Panzner, "Financial Armageddon: Protecting Your Future from Four Impending Catastrophes"


Review
“Michael Panzner fluently describes the build-up of financial risk on a number of fronts—from credit derivatives through to the government’s long-term fiscal problems—and imagines how a future crisis might develop. A breathtaking and coherent vision of financial disaster.”

—Edward Chancellor, author, Devil Take the Hindmost: A History of Financial Speculation


“The end of the credit bubble, derivatives excesses, unfulfilled government promises and the upcoming retirement squeeze will provide investors with their greatest challenge since the 1930s. Financial Armageddon lays out the blueprint for what will happen and how to best prepare yourself and protect your loved ones.”

—David Tice, President and Fund Manager, Prudent Bear Funds



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John Miller , David Edelman, John Appleby, "Numerical Methods for Finance"


Featuring international contributors from both industry and academia, Numerical Methods for Finance explores new and relevant numerical methods for the solution of practical problems in finance. It is one of the few books entirely devoted to numerical methods as applied to the financial field. Presenting state-of-the-art methods in this area, the book first discusses the coherent risk measures theory and how it applies to practical risk management. It then proposes a new method for pricing high-dimensional American options, followed by a description of the negative inter-risk diversification effects between credit and market risk. After evaluating counterparty risk for interest rate payoffs, the text considers strategies and issues concerning defined contribution pension plans and participating life insurance contracts. It also develops a computationally efficient swaption pricing technology, extracts the underlying asset price distribution implied by option prices, and proposes a hybrid GARCH model as well as a new affine point process framework. In addition, the book examines performance-dependent options, variance reduction, Value at Risk (VaR), the differential evolution optimizer, and put-call-futures parity arbitrage opportunities. Sponsored by DEPFA Bank, IDA Ireland, and Pioneer Investments, this concise and well-illustrated book equips practitioners with the necessary information to make important financial decisions.


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5 Dec 2007

Roger Connors, Tom Smith, Craig Hickman, "The Oz Principle Getting Results Through Individual & Organizational Accountability"


How people can move beyond victimization to overcome obstacles, accept responsibility, and rise to new heights of achievement.

"I didn't have enough time." "It's not in my job description." Many people and organizations have recognized the need to move away from this type of "blame game" and toward greater personal accountability at work, but few have known how to foster or maintain it--until The Oz Principle.

Now in paperback, The Oz Principle explores how people in business suffer from the same feelings of anxiety and helplessness that beset the characters in The Wizard of Oz. Through a broad mix of examples and stories, this book examines how people use their victimization to justify inaction, excuse ineffectiveness, or rationalize poor performance. It shows how they can break through "above the line" with an attitude of accountability that empowers them to overcome problems, excuses and biases to achieve the results they want. Self-assessment charts and quizzes enable readers to chart their own path to personal empowerment and enhanced company performance. Working through this book is a true journey of discovery, the discovery that, just as in The Wizard of Oz, the real Wizard lives within each of us.


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Peter J. Tanous, "Investment Gurus A Road Map to Wealth from the World's Best Money Managers"


Can a smart money manager working from the outside revive a bankrupt company with his clients' massive capital and a sharp management agenda? Are "value" stocks better than "growth" stocks? Can anyone "beat the market"? Is volatility okay? What about the role of the Internet in trading? These and other questions vital to stock market investors are aired in this remarkable series of interviews with investment industry leaders by Tanous, whose firm, Lynx Investment Advisory, finds money managers for billion-dollar clients. The author brings out the financial background, strategy and tactics of such mutual-fund miracle men as Fidelity Magellan's Peter Lynch ("what happens to the company... happens to the stock"); "momentum" trader Richard Driehaus ("look for earnings surprises") and "Super Mario" Gabelli, who champions "intrinsic private market value." Other big-name trader/managers also speak out freely here. In closing, the author constructs sample "portfolios" of guru-managed mutual funds for the reader's consideration. $50,000 ad/promo; author tour.
Copyright 1996 Reed Business Information, Inc.


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