Download or read book Glosario Del Banco Mundial written by World Bank and published by World Bank Publications. This book was released on 1996 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of the World Bank has been revised and expanded by the Terminology Unit in the Languages Services Division of the World Bank in collaboration with the English, Spanish, and French Translation Sections. The Glossary is intended to assist the Bank's translators and interpreters, other Bank staff using French and Spanish in their work, and free-lance translator's and interpreters employed by the Bank. For this reason, the Glossary contains not only financial and economic terminology and terms relating to the Bank's procedures and practices, but also terms that frequently occur in Bank documents, and others for which the Bank has a preferred equivalent. Although many of these terms, relating to such fields as agriculture, education, energy, housing, law, technology, and transportation, could be found in other sources, they have been assembled here for ease of reference. A list of acronyms occurring frequently in Bank texts (the terms to which they refer being found in the Glossary) and a list of international, regional, and national organizations will be found at the end of the Glossary.

Download or read book Applied Conic Finance written by Dilip Madan and published by Cambridge University Press. This book was released on 2016-10-13 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a comprehensive introduction to the brand new theory of conic finance, also referred to as the two-price theory, which determines bid and ask prices in a consistent and fundamentally motivated manner. Whilst theories of one price classically eliminate all risk, the concept of acceptable risks is critical to the foundations of the two-price theory which sees risk elimination as typically unattainable in a modern financial economy. Practical examples and case studies provide the reader with a comprehensive introduction to the fundamentals of the theory, a variety of advanced quantitative models, and numerous real-world applications, including portfolio theory, option positioning, hedging, and trading contexts. This book offers a quantitative and practical approach for readers familiar with the basics of mathematical finance to allow them to boldly go where no quant has gone before.

Download or read book Necessary Conditions for an Extremum written by Pshenichnyi and published by CRC Press. This book was released on 1971-05-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a theory of necessary conditions for an extremum, including formal conditions for an extremum and computational methods. It states the general results of the theory and shows how these results can be particularized to specific problems.

Download or read book Stable Paretian Models in Finance written by Svetlozar T. Rachev and published by . This book was released on 2000-06-15 with total page 886 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text is a comprehensive treatment of the Asset Pricing Theory, based on the assumption that returns are distributed non-normally. More general models are also considered and the corresponding formulae are derived, and it describes estimation techniques and presents empirical applications.

Download or read book Pension Reform and the Development of Pension Systems written by Emily S. Andrews and published by World Bank Publications. This book was released on 2006 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Formal pension systems are an important means of reducing poverty among the aged. In recent years, however, pension reform has become a pressing matter, as demographic aging, poor administration, early retirement, and unaffordable benefits have strained pension balances and overall public finances. Pension systems have become a source of macroeconomic instability, a constraint to economic growth, and an ineffective and/or inequitable provider of retirement income."

Download or read book Symmetric Multivariate and Related Distributions written by Kai Wang Fang and published by CRC Press. This book was released on 2018-01-18 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the publication of the by now classical Johnson and Kotz Continuous Multivariate Distributions (Wiley, 1972) there have been substantial developments in multivariate distribution theory especially in the area of non-normal symmetric multivariate distributions. The book by Fang, Kotz and Ng summarizes these developments in a manner which is accessible to a reader with only limited background (advanced real-analysis calculus, linear algebra and elementary matrix calculus). Many of the results in this field are due to Kai-Tai Fang and his associates and appeared in Chinese publications only. A thorough literature search was conducted and the book represents the latest work - as of 1988 - in this rapidly developing field of multivariate distributions. The authors are experts in statistical distribution theory.

Download or read book Evidence Based Practice written by Heather R. Hall and published by Jones & Bartlett Learning. This book was released on 2016-08-04 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Evidence-Based Practice: An Integrative Approach to Research, Administration, and Practice, Second Edition is an excellent reference for interdisciplinary education and clinical agencies, as well as disciplines focused on translating research evidence to quality practices

Download or read book An Introduction to Statistical Modeling of Extreme Values written by Stuart Coles and published by Springer Science & Business Media. This book was released on 2013-11-27 with total page 219 pages. Available in PDF, EPUB and Kindle. Book excerpt: Directly oriented towards real practical application, this book develops both the basic theoretical framework of extreme value models and the statistical inferential techniques for using these models in practice. Intended for statisticians and non-statisticians alike, the theoretical treatment is elementary, with heuristics often replacing detailed mathematical proof. Most aspects of extreme modeling techniques are covered, including historical techniques (still widely used) and contemporary techniques based on point process models. A wide range of worked examples, using genuine datasets, illustrate the various modeling procedures and a concluding chapter provides a brief introduction to a number of more advanced topics, including Bayesian inference and spatial extremes. All the computations are carried out using S-PLUS, and the corresponding datasets and functions are available via the Internet for readers to recreate examples for themselves. An essential reference for students and researchers in statistics and disciplines such as engineering, finance and environmental science, this book will also appeal to practitioners looking for practical help in solving real problems. Stuart Coles is Reader in Statistics at the University of Bristol, UK, having previously lectured at the universities of Nottingham and Lancaster. In 1992 he was the first recipient of the Royal Statistical Society's research prize. He has published widely in the statistical literature, principally in the area of extreme value modeling.

Download or read book Change Forces With A Vengeance written by Michael Fullan and published by Routledge. This book was released on 2003-08-27 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: Change Forces With a Vengeance is the third in the chaos theory trilogy (now called complexity theory). The first two books focused on understanding the real complexity of educational reform in action. This book pushes even deeper by providing new insights and lessons of change concerning moral purpose, and what is called tri-level reform - the school and community, the local district and the state. It draws on reform initiatives across many levels and countries so that the ideas are grounded in the reality of actual projects and findings. Change Forces With a Vengeance is different from the previous two books in one major respect. Instead of being content with understanding complex system dynamics, it takes up the more daunting question of how systems can be changed for the better. How can we achieve large-scale reform and do it in a way that the conditions for sustainability are enhanced? What policy levers are needed, and what is the smallest number of sets of policies that will maximise impact? What is the role of new leadership in accomplishing sustainable, comprehensive reform? These questions and more are addressed in ways that are both deeply theoretical, and powerfully practical.

Download or read book Systemic Risk Crises and Macroprudential Regulation written by Xavier Freixas and published by MIT Press. This book was released on 2015-06-19 with total page 487 pages. Available in PDF, EPUB and Kindle. Book excerpt: A framework for macroprudential regulation that defines systemic risk and macroprudential policy, describes macroprudential tools, and surveys the effectiveness of existing macroprudential regulation. The recent financial crisis has shattered all standard approaches to banking regulation. Regulators now recognize that banking regulation cannot be simply based on individual financial institutions' risks. Instead, systemic risk and macroprudential regulation have come to the forefront of the new regulatory paradigm. Yet our knowledge of these two core aspects of regulation is still limited and fragmented. This book offers a framework for understanding the reasons for the regulatory shift from a microprudential to a macroprudential approach to financial regulation. It defines systemic risk and macroprudential policy, cutting through the generalized confusion as to their meaning; contrasts macroprudential to microprudential approaches; discusses the interaction of macroprudential policy with macroeconomic policy (monetary policy in particular); and describes macroprudential tools and experiences with macroprudential regulation around the world. The book also considers the remaining challenges for establishing effective macroprudential policy and broader issues in regulatory reform. These include the optimal size and structure of the financial system, the multiplicity of regulatory bodies in the United States, the supervision of cross-border financial institutions, and the need for international cooperation on macroprudential policies.

Download or read book Dynamic Models for Volatility and Heavy Tails written by Andrew C. Harvey and published by Cambridge University Press. This book was released on 2013-04-22 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The volatility of financial returns changes over time and, for the last thirty years, Generalized Autoregressive Conditional Heteroscedasticity (GARCH) models have provided the principal means of analyzing, modeling and monitoring such changes. Taking into account that financial returns typically exhibit heavy tails - that is, extreme values can occur from time to time - Andrew Harvey's new book shows how a small but radical change in the way GARCH models are formulated leads to a resolution of many of the theoretical problems inherent in the statistical theory. The approach can also be applied to other aspects of volatility. The more general class of Dynamic Conditional Score models extends to robust modeling of outliers in the levels of time series and to the treatment of time-varying relationships. The statistical theory draws on basic principles of maximum likelihood estimation and, by doing so, leads to an elegant and unified treatment of nonlinear time-series modeling.

Download or read book One dimensional Stable Distributions written by V. M. Zolotarev and published by American Mathematical Soc.. This book was released on 1986-06-30 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book specifically devoted to a systematic exposition of the essential facts known about the properties of stable distributions. In addition to its main focus on the analytic properties of stable laws, the book also includes examples of the occurrence of stable distributions in applied problems and a chapter on the problem of statistical estimation of the parameters determining stable laws. A valuable feature of the book is the author's use of several formally different ways of expressing characteristic functions corresponding to these laws.

Download or read book Extremes and Integrated Risk Management written by Paul Embrechts and published by . This book was released on 2000 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first core reference on the latest developments in extreme value theory and its application in the finance and insurance industry.

Download or read book Introduction to Risk Parity and Budgeting written by Thierry Roncalli and published by CRC Press. This book was released on 2016-04-19 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although portfolio management didn't change much during the 40 years after the seminal works of Markowitz and Sharpe, the development of risk budgeting techniques marked an important milestone in the deepening of the relationship between risk and asset management. Risk parity then became a popular financial model of investment after the global fina

Download or read book Food and Agricultural Development written by United States. Agency for International Development and published by . This book was released on 1982 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Enfonque de las medidas de riesgo VaR y Expected Shortfall written by Jhoan Aldana and published by GRIN Verlag. This book was released on 2018-05-11 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tesis (Bachelor) del año 2013 en eltema Matemática - Matemática aplicada, Nota: 2, Universidad Nacional de Piura, Idioma: Español, Resumen: El presente trabajo de investigación, nace de la inquietud por mostrar una de las poderosas aplicaciones que tiene la matemática abstracta en los fenómenos económicos como son las medidas de riesgo financiero los cuales tienen sus bases en la teoría de la medida así como en la convexidad pues hoy en día se busca obtener indicadores de manera precisa. Por ello, durante años, numerosas instituciones e investigadores han realizado diversos estudios para obtener medidas que gestionen e cientemente los riesgos a los que se ven sometidos. En ese sentido, uno de los pasos crticos es construir una apropiada medida de riesgo. Posiblemente reforzada por las nuevas tendencias en la regulacion de instituciones nancieras y la reaccion de la comunidad academica a los requerimientos prácticos, las medidas de riesgo es uno de los temas de rápida evolución tanto en lo teórico como en el campo práctico. Un ejemplo importante es el de JP Morgan, cuya metodología " RiskMetrics" fue divulgada en el año 1995, lo cual supuso una revolucion en la gestion de riesgos moderna, dando paso al conocido Value at Risk (VaR) y, en los ultimos años, el Expected Shortfall (ES). En ese sentido, la optimizacion de carteras que minimizan el riesgo de mercado es una de las preocupaciones en la gestion de carteras de renta variable y renta ja, enfatizando la importancia de comparar las bondades de estas medidas.

Download or read book Plant Invasions written by Giuseppe Brundu and published by . This book was released on 2001 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: