Download or read book The Fiscal Theory of the Price Level written by John H. Cochrane and published by Princeton University Press. This book was released on 2023-01-17 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Inflation, in which all prices and wages in an economy rise, is mysterious. If a war breaks out in the Middle East, and the price of oil goes up, the mechanism is no great mystery-supply and demand often work pretty visibly. But if you ask the grocer why the price of bread is higher, he or she will blame the wholesaler, who will blame the baker, who will blame the wheat supplier, and so on. Perhaps the ultimate cause is a government printing more money, but there is really no way to know this for certain but to sit down in an office with statistics, armed with some decent economic theory. But current economic theory doesn't really explain why we haven't seen inflation for so long, and more and more economists think that current theory doesn't hold together, or provide much guidance for how central banks should behave if inflation does break out. Many also worry that central banks have much less power over the economy than they think they do, and much less understanding of the mechanism behind what power they do have. The Fiscal Theory of the Price Level is a comprehensive new approach to monetary policy. Economist John Cochrane argues that money has value because the government accepts it for tax payments. This insight, he argues, leads to a deep re-reading of monetary policy and institutions. Inflation comes when a government is unable to repay its debts, rather than from mismanagement of the split of debt between money and bonds. In the book, he will analyze institutional design, historical episodes, and compare fiscal theory to the Keynesian and new-Keynesian theory based on interest rate targets, and to monetarism. The book offers an overview and introduction to the range of contemporary monetary economics and history of thought as well as the fiscal theory"--
Download or read book Application of Mathematics and Optimization in Construction Project Management written by Hêriş Golpîra and published by Springer Nature. This book was released on 2021-12-12 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a broad overview of project and project management principles, processes, and success/failure factors. It also provides a state of the art of applications of the project management concepts, especially in the field of construction projects, based on the Project Management Body of Knowledge (PMBOK). The slate of geographically and professionally diverse authors illustrates project management as a multidisciplinary undertaking that integrates renewable and non-renewable resources in a systematic process to achieve project goals. The book describes assessment based on technical and operational goals and meeting schedules and budgets.
Download or read book Anomalies in Net Present Value Returns and Polynomials and Regret Theory in Decision Making written by Michael C. I. Nwogugu and published by Springer. This book was released on 2017-06-09 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores why Modified Internal Rate of Return (MIRR) and Net Present Value (NPV) are not necessarily accurate or efficient tools for valuation and decision-making. The author specifically addresses the biases and framing effects inherent in the NPV/MIRR/IRR model and in related approaches such as Adjusted Present Value (APV), Net Future Value (NFV), and by extension, Polynomials. In doing so, the book presents new ways of solving higher order polynomials using invariants and homomorphisms and explains why the “Fundamental Theorem of Algebra”, the Binomial Theorem and the “Descartes Sign Rule” are unreliable. Chapters also discuss how International Asset Pricing Theory (IAPT) and Intertemporal Capital Asset Pricing Models (ICAPM) can produce inaccurate results in certain circumstances. The conditions under which ICAPM and IAPT may be accurate are described; as well as why those conditions cannot, or are unlikely to, exist. The conditions under which negative interest rates may exist or are justified are also outlined. Moreover, the author explains why traditional Consumption-Savings-Investment-Production models of allocation can be inefficient, and then introduces a new model of allocation that can be applied to individuals, households and companies. Finally, the book explains why the Elasticity of Intertemporal Substitution is a flawed concept and introduces the Marginal Rate of Intertemporal Joint Substitution as a solution.
Download or read book Stealth Compensation of Corporate Executives written by United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Oversight of Government Management and published by . This book was released on 1992 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing Customer Experience and Relationships written by Don Peppers and published by John Wiley & Sons. This book was released on 2022-04-19 with total page 517 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every business on the planet is trying to maximize the value created by its customers Learn how to do it, step by step, in this newly revised Fourth Edition of Managing Customer Experience and Relationships: A Strategic Framework. Written by Don Peppers and Martha Rogers, Ph.D., recognized for decades as two of the world's leading experts on customer experience issues, the book combines theory, case studies, and strategic analyses to guide a company on its own quest to position its customers at the very center of its business model, and to "treat different customers differently." This latest edition adds new material including: How to manage the mass-customization principles that drive digital interactions How to understand and manage data-driven marketing analytics issues, without having to do the math How to implement and monitor customer success management, the new discipline that has arisen alongside software-as-a-service businesses How to deal with the increasing threat to privacy, autonomy, and competition posed by the big tech companies like Facebook, Amazon, and Google Teaching slide decks to accompany the book, author-written test banks for all chapters, a complete glossary for the field, and full indexing Ideal not just for students, but for managers, executives, and other business leaders, Managing Customer Experience and Relationships should prove an indispensable resource for marketing, sales, or customer service professionals in both the B2C and B2B world.
Download or read book Gilt Edged Market written by Moorad Choudhry and published by Elsevier. This book was released on 2003-05-01 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Gilt-Edged Market is specifically aimed at finance professionals and investors who need to understand the inner working of the United Kingdom gilt market. There is detailed coverage of the different gilt instruments, as well as a look at the structures, institutions and practices of the market itself.Topics include:* Bond basics* Conventional gilts* Index-linked gilts* Gilt strips* The gilt repo market* The gilt bond future basis* Yield spread trading using giltsThere are also personal reminiscenes that illustrate the great changes that have occurred in this market since Big Bang, as well as an exposition on the art of trading.The Gilt-Edged Market is ideal reading for traders, salespersons, fund managers, private investors and other professionals involved to any extent in the UK gilt market.* The latest research on index-linked gilts, gilt markets and sterling debt markets presented in an enthusiastic, readable style* Written by gilt-edged market makers and dealers to ensure realistic, practical coverage as well as a clear explanation of the theory, so readers gain from years' experience* Foreword written by Mike Williams, CEO of the Debt Management Office
Download or read book Managing Customer Relationships written by Don Peppers and published by John Wiley & Sons. This book was released on 2010-12-30 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt: MANAGING CUSTOMER RELATIONSHIPS A Strategic Framework Praise for the first edition: "Peppers and Rogers do a beautiful job of integrating actionable frameworks, the thinking of other leaders in the field, and best practices from leading-edge companies. "—Dr. Hugh J. Watson, C. Herman and Mary Virginia Terry Chair of Business Administration, Terry College of Business, University of Georgia "Peppers and Rogers have been the vanguard for the developing field of customer relationship management, and in this book, they bring their wealth of experience and knowledge into academic focus. This text successfully centers the development of the field and its theories and methodologies squarely within the broader context of enterprise competitive theory. It is a must-have for educators of customer relationship management and anyone who considers customer-centric marketing the cornerstone of sound corporate strategy." —Dr. Charlotte Mason, Department Head, Director, and Professor, Department of Marketing and Distribution, Terry College of Business, University of Georgia "Don and Martha have done it again! The useful concepts and rich case studies revealed in Managing Customer Relationships remove any excuse for those of us responsible for actually delivering one-to-one customer results. This is the ultimate inside scoop!" —Roy Barnes, Formerly with Marriott, now President, Blue Space Consulting "This is going to become the how-to book on developing a customer-driven enterprise. The marketplace is so much in need of this road map!" —Mike Henry, Leader for Consumer Insights at Acxiom Praise for the second edition: "Every company has customers, and that's why every company needs a reference guide like this. Peppers and Rogers are uniquely qualified to provide us with the top textbook on the subject, and the essential tool for the field they helped to create." —David Reibstein, William Stewart Woodside Professor of Marketing, The Wharton School, University of Pennsylvania
Download or read book European Currency and Finance written by John Parke Young and published by . This book was released on 1925 with total page 1062 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Serial 1 9 written by United States. Congress. Senate. Commission of Gold and Silver Inquiry and published by . This book was released on 1924 with total page 774 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: Serial 1, pt. 1-6. Silver purchases under the Pittman Act. Hearings before a subcommittee of the Commission of Gold and Silver Inquiry, United States Senate, Sixty-seventh Congress, fourth session. May 29-July 18, 1923. 1923. pt. 7. Silver purchases under the Pittman Act... September 4, 1923. Reply of comptroller general on revocation of allocations. 1924.
- Author : United States. Congress. Senate. Commission of Gold and Silver Inquiry
- Publisher :
- Release : 1925
- ISBN :
- Pages : 1074 pages
European Currency and Finance Pursuant to S Res 469 67 4 Foreign Currency and Exchange Investigation
Download or read book European Currency and Finance Pursuant to S Res 469 67 4 Foreign Currency and Exchange Investigation written by United States. Congress. Senate. Commission of Gold and Silver Inquiry and published by . This book was released on 1925 with total page 1074 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sustainability Eco efficiency and Conservation in Transportation Infrastructure Asset Management written by Massimo Losa and published by CRC Press. This book was released on 2014-04-28 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: Worldwide there is a growing interest in efficient planning and the design, construction and maintenance of transportation facilities and infrastructure assets. The 3rd International Conference on Transportation Infrastructure ICTI 2014 (Pisa, April 22-25, 2014) contains contributions on sustainable development and preservation of transportation in
Download or read book Complex Systems in Finance and Econometrics written by Robert A. Meyers and published by Springer Science & Business Media. This book was released on 2010-11-03 with total page 919 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finance, Econometrics and System Dynamics presents an overview of the concepts and tools for analyzing complex systems in a wide range of fields. The text integrates complexity with deterministic equations and concepts from real world examples, and appeals to a broad audience.
Download or read book HEARINGS BEFORE THE COMMITTEE ON INTERSTATE AND FOREIGN COMMERCE OF THE HOUSE OF REPRESENTATIVESSIXTY SIXTH CONGRESS THIRD SESSION ON H R 13997 written by and published by . This book was released on 1921 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Amendment of Section 501 of the Transportation Act Affecting Section 10 of the Clayton Act written by United States. Congress. House. Committee on Interstate and Foreign Commerce and published by . This book was released on 1921 with total page 1184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Intermediate Futures And Options An Active Learning Approach written by Cheng Few Lee and published by World Scientific. This book was released on 2023-10-16 with total page 1001 pages. Available in PDF, EPUB and Kindle. Book excerpt: Futures and Options are concerned with the valuation of derivatives and their application to hedging and speculating investments. This book contains 22 chapters and is divided into five parts. Part I contains an overview including a general introduction as well as an introduction to futures, options, swaps, and valuation theories. Part II: Forwards and Futures discusses futures valuation, the futures market, hedging strategies, and various types of futures. Part III: Option Theories and Applications includes both the basic and advanced valuation of options and option strategies in addition to index and currency options. Part IV: Advanced Analyses of Options takes a look at higher level strategies used to quantitatively approach the analysis of options. Part V: Special Topics of Options and Futures covers the applications of more obscure and alternative methods in derivatives as well as the derivation of the Black-Scholes Option Pricing Model.This book applies an active interdisciplinary approach to presenting the material; in other words, three projects involving the use of real-world financial data on derivative, in addition to homework assignments, are made available for students in this book.
Download or read book Senate documents written by and published by . This book was released on 1877 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Postpositivist International Relations Theory written by Amartya Mukhopadhyay and published by Taylor & Francis. This book was released on 2023-10-16 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses postpositivist theories foregrounding postpositivism against the reigning realist and positivist-pluralist orthodoxies. The book explicates seven theories, not as disparate endeavours, but as developments linked by a common thread that seeks to enunciate globalist emancipatory goals for the theoretical field and the world that these theories seek to change. It focuses on the following themes: feminism, environmentalism or green theory, the English school, critical theory, constructivism, postmodernism and postcolonialism. Additionally, a separate chapter on globalization shows that while mainstream (neo)realist international relations theories respond hostilely to globalization and liberal-pluralist theories react benignly to it, postpositivist theories positively welcome it. The book offers a competent meta-theoretical gridwork, showing on which side of the opposing disciplinary positions in the fourth debate each of the seven theories are located. It is a comprehensive guide to the postpositivist restructuring of the discipline of international relations. This book will be of interest to researchers and students of political science, international relations, history, humanities and literature.