Download or read book Financial Risk Management written by Allan M. Malz and published by John Wiley & Sons. This book was released on 2011-09-13 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial risk has become a focus of financial and nonfinancial firms, individuals, and policy makers. But the study of risk remains a relatively new discipline in finance and continues to be refined. The financial market crisis that began in 2007 has highlighted the challenges of managing financial risk. Now, in Financial Risk Management, author Allan Malz addresses the essential issues surrounding this discipline, sharing his extensive career experiences as a risk researcher, risk manager, and central banker. The book includes standard risk measurement models as well as alternative models that address options, structured credit risks, and the real-world complexities or risk modeling, and provides the institutional and historical background on financial innovation, liquidity, leverage, and financial crises that is crucial to practitioners and students of finance for understanding the world today. Financial Risk Management is equally suitable for firm risk managers, economists, and policy makers seeking grounding in the subject. This timely guide skillfully surveys the landscape of financial risk and the financial developments of recent decades that culminated in the crisis. The book provides a comprehensive overview of the different types of financial risk we face, as well as the techniques used to measure and manage them. Topics covered include: Market risk, from Value-at-Risk (VaR) to risk models for options Credit risk, from portfolio credit risk to structured credit products Model risk and validation Risk capital and stress testing Liquidity risk, leverage, systemic risk, and the forms they take Financial crises, historical and current, their causes and characteristics Financial regulation and its evolution in the wake of the global crisis And much more Combining the more model-oriented approach of risk management-as it has evolved over the past two decades-with an economist's approach to the same issues, Financial Risk Management is the essential guide to the subject for today's complex world.

Download or read book Global Divergence in Trade Money and Policy written by Volbert Alexander and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the globalization of markets and the rapid growth in worldwide information technologies supports harmonization and integration between countries, substantial differences still exist throughout the world. Global Divergence in Trade, Money and Policy explores the disparities between a range of countries, arguing that their differences are a major factor in international tensions, and will remain a substantial problem for many decades to come. The book analyses the implications of disparities in the areas of economic power, institutional structures, per capita income, international trade, exchange rate systems, financial markets, monetary policy issues, the development of monetary unions and welfare. Case studies encompassing Asia, India, Greece, Mexico, the US and EU accession countries illustrate how differently the globalization process is regarded and valued by countries depending on their own particular circumstances. Exploring the role of different countries in the processes of globalization and shedding light on the issues surrounding economic divergences, this book will strongly appeal to economists with a special interest in globalization, development and international trade.

Download or read book Exchange Rate Regimes and Macroeconomic Stability written by Lok Sang Ho and published by Springer Science & Business Media. This book was released on 2011-06-28 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Asian crisis of 1997-1998 was a major influence on macroeconomic thinking concerning exchange rate regimes, the functioning of international institutions, such as the IMF and the World Bank, and international contagion of macroeconomic instability from one country to another. Exchange Rate Regimes and Macroeconomic Stability offers perspectives on these issues from the viewpoints of two Nobel Laureates, an IMF economist, and Asian economists. This book contributes new ideas to the ongoing debate on the role of domestic monetary authorities and international institutions in reducing the likelihood of international financial crises, as well as the problems associated with various exchange rate regimes from the standpoint of macroeconomic stability. Overall, the chapters contained in this volume offer interesting perspectives, which have been stimulated by the recent events in the foreign exchange market. They provide a useful reference for anyone interested in the development of exchange rate regimes, and represent considerable reflection by economists half a century after Bretton Woods.

Download or read book VLSI Design of Non Volatile Memories written by Giovanni Campardo and published by Springer Science & Business Media. This book was released on 2005-01-18 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: VLSI-Design for Non-Volatile Memories is intended for electrical engineers and graduate students who want to enter into the integrated circuit design world. Non-volatile memories are treated as an example to explain general design concepts. Practical illustrative examples of non-volatile memories, including flash types, are showcased to give insightful examples of the discussed design approaches. A collection of photos is included to make the reader familiar with silicon aspects. Throughout all parts of this book, the authors have taken a practical and applications-driven point of view, providing a comprehensive and easily understood approach to all the concepts discussed. Giovanni Campardo and Rino Micheloni have a solid track record of leading design activities at the STMicroelectronics Flash Division. David Novosel is President and founder of Intelligent Micro Design, Inc., Pittsburg, PA.

Download or read book God Conscious Organization and the Islamic Social Economy written by Masudul Alam Choudhury and published by Routledge. This book was released on 2016-08-05 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can there be God-conscious organizational behaviour in the real world of today’s capitalist corporations and the alternatives? In this overview of God-consciousness as a moral-awareness model of preference formation, functions, structures, and programs of organization within the purview of institutions and society, the authors explain and compare the major ethical issues of organizational behaviour and structure in Islamic economic theory and application. By analysing the nature of inclusive organizations and institutions, and the ethical preferences in Islamic choice framework, the authors from Saudi Arabia, Australia, Malaysia, Bangladesh, Canada, Indonesia and the UK, can highlight individual aspects to show whether capitalist organizational behaviour is sustainable. They describe how The Tawhidi epistemological framework governing conscious moral decision-making by institutions and organization, are used to establish the meaning and potential application of the concept of sustainability, and whether organizational moral objectives achieve their goals of life-fulfilment development, Poverty alleviation and the equitable distribution of wealth and resources.

Download or read book Geological Risk and Uncertainty in Oil Exploration written by Ian Lerche and published by Academic Press. This book was released on 1997 with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt: The subsequent incorporation of model uncertainties into probabilistic models of basin evolution and behavior constitutes the second half of this book. Throughout, the author interweaves a discussion of scientific probability, risk, and strategy within the context of improving our ability to assess strategic hydrocarbon resources.

Download or read book Status of Stable Gaseous Isotope Separation and Purification at Mound Laboratory 1963 written by W. J. Haubach and published by . This book was released on 1965 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Does the WTO Make Trade More Stable written by Andrew Rose and published by . This book was released on 2004 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I examine the hypothesis that membership in the World Trade Organization (WTO) and its predecessor the General Agreement on Tariffs and Trade (GATT) has increased the stability and predictability of trade flows. I use a large data set covering annual bilateral trade flows between over 175 countries between 1950 and 1999, and estimate the effect of GATT/WTO membership on the coefficient of variation in trade computed over 25-year samples, controlling for a number of factors. I also use a comparable multilateral data set. There is little evidence that membership in the GATT/WTO has a significant dampening effect on trade volatility"--NBER website

Download or read book Research Handbook of Investing in the Triple Bottom Line written by Sabri Boubaker and published by Edward Elgar Publishing. This book was released on 2018 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: The triple bottom line is an accounting framework with social, environmental and financial factors. This Handbook examines the nexus between these areas by scrutinising aspects of socially responsible investment, finance and sustainable development, corporate socially responsible banking firms, the stock returns of sustainable firms, green bonds and sustainable financial instruments.

Download or read book Towards Monetary and Financial Integration in East Asia written by Koichi Hamada and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 423 pages. Available in PDF, EPUB and Kindle. Book excerpt: Towards Monetary and Financial Integration in East Asia is an important book. East Asia, led by China, has been and will continue to be the largest, most rapidly growing region in the world. Major global imbalances persist, with East Asia in large surplus. Yet East Asian financial and monetary integration is only in the early stages of what will necessarily be a long-run process. These 14 essays by different authors address, in six Parts, fundamental long-run issues and prospects. These include the development of a regional financial architecture, liquidity provision and crisis management, surveillance mechanisms, exchange rate arrangements, currency baskets, an Asian Currency Unit, and ultimately even a single currency. The implications of the rise of China and the role of Japan underlie much of these analyses. However imperfect, the EU is the dominant relevant experience for East Asian financial and monetary integration. It is important to understand, as the authors do, that it took 47 years from the EU s nascent founding to the establishment of the euro, and that economic integration has preceded political integration. This book importantly addresses such basic issues in this time frame and with an appreciation of the political economy difficulties of financial integration. Hugh Patrick, Columbia University, US The book edited by Professors Hamada, Reszat, and Volz gives a comprehensive overview of the current status and challenges of economic integration in East Asia. Monetary and financial integration in East Asia has proceeded gradually but steadily since the Asian financial crisis of 1997 98. The book is an authoritative cutting-edge collection of papers in respective topics which brings the reader to the frontier of the literature. Takatoshi Ito, University of Tokyo, Japan This indispensable book provides a comprehensive analysis of monetary and financial integration in East Asia. It assesses the steps already taken toward financial integration and brings forward different proposals for future exchange rate arrangements in what has now become the world s most dynamic region. With contributions from distinguished experts this timely book evaluates the economic and politico-economic arguments and conditions for monetary and financial integration in East Asia. It explores how and to what extent the countries of the region can integrate despite their heterogeneity and their underlying political tensions. Drawing on the European experiences, this book analyzes the economic logic of monetary and financial integration in East Asia and its political feasibility. This invaluable broad analysis will be of interest to academic researchers, students, policy-makers and professional economists working on matters of international economic cooperation, common currency areas, international open economy macroeconomics, and East Asian integration.

Download or read book Review of Current Military Literature written by and published by . This book was released on 2010 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Professional Journal of the United States Army written by and published by . This book was released on 2010-03 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Military Review written by and published by . This book was released on 2010 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Model Driven Software Systems Development Using the Meta Artifact Process written by Wayne O'Brien and published by CRC Press. This book was released on 2024-04-26 with total page 99 pages. Available in PDF, EPUB and Kindle. Book excerpt: The importance of architecture for software systems is widely accepted, but the role of architecture in the overall development process is not so clear. Presenting an architecture-centric process, Model-Driven Software Systems Development Using the Meta-Artifact Process makes the role of architecture clear. At its core, this book is about developing software systems and, more specifically, software code. It describes three major innovations for making software, which are combined with five widely used enabling technologies, to provide a complete, hypothesis-driven software development process known as Meta-Artifact Process (MAP). Having complete requirements is essential for making good software and supports the hypothesis-driven MAP. MAP offers properties, qualities, and capabilities that help stakeholders and developers understand and reason about a domain and target systems of interest. MAP, through the central role of the Meta-Artifact and incorporating the view that a computer program is a hypothesis about the requirements, offers new ways to look at systems and their development, even changing the roles of developers and stakeholders. Recommending agile methods wherever appropriate while supporting the OMG Essence standard and working within an overarching architecture, MAP presents ways to ensure that the requirements are complete and correct. It helps to identify likely points during development to form alternative hypotheses about them. Because MAP requires an underlying software development process, it can provide that clarity to existing processes in which the organization’s developers are already proficient. This book provides concrete examples from two broad but diverse areas—Accounting Information Systems in the commercial area and a military command and control system—to show the wide applicability of MAP in both commercial and defense domains.

Download or read book Continuous Improvement By Improving Continuously CIBIC written by F. Allen Davis and published by Taylor & Francis. This book was released on 2017-09-01 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although many businesses, organizations, and institutions have currently implemented continuous improvement initiatives that address wants, needs, and challenges at the process and systems level, very few have effectively considered and addressed human factors. Thus, even businesses, organizations, and institutions with the most finely crafted continuous improvement systems face failure from inadequate human factors continuous improvement. Continuous Improvement by Improving Continuously (CIBIC): Addressing the Human Factors During the Pursuit of Process Excellence explains how the frustrating reoccurrence of operating failures are the result of flawed or fragmented business philosophies and principles. CIBIC is designed to promote the pursuit of excellence from mediocrity using an adaptable strategic model that promotes the pursuit of continuous improvement and sustainability in operations, performance management, and personal endeavors. By transforming the pursuit of excellence from a hit-and-miss endeavor to an easily achievable and sustainable continuous endeavor, CIBIC creates value where other systems fail. By addressing gaps, disconnects, and chaotic realities at a fundamental level through the sustained use of frameworks, methods, and analytics, CIBIC promotes the pursuit of excellence across the wide range continuum, eradicating the value and philosophical disconnects that generally plague individuals and collective interests. This book addresses this systemic problem by highlighting an incredibly comprehensive system that promotes continuous improvement and the pursuit of excellence. By highlighting key inner drivers, essential outer qualities, and supporting models and frameworks, the book makes the pursuit of excellence an easily sustainable and logical endeavor.

Download or read book How Much Is Enough Monte Carlo Simulations of an Oil Stabilization Fund for Nigeria written by Mr.Ulrich Bartsch and published by International Monetary Fund. This book was released on 2006-06-01 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: In oil-dependent countries, a major issue is how to stabilize fiscal spending when government revenue fluctuates along with the international price of oil. A stabilization fund would allow the government to pull through an oil price trough and absorb windfall revenue when prices are high. This paper focuses on two key issues. First, the paper proposes to base government spending on moving averages of past oil prices that are shown to behave nearly as a random walk. Second, it uses Monte Carlo simulations of a fiscal policy model to look at the probability that a given level of assets in the stabilization fund is exhausted over a certain number of years. The simulations show that with a fiscal policy based on moving averages over three to five years, a stabilization fund of about 75 percent of 2004 oil revenue would be adequate, which, in Nigeria, would equate to US$16-18 billion.

Download or read book Breaking Patterns of Conflict written by John Coakley and published by Routledge. This book was released on 2016-04-14 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: External powers commonly play a major role in efforts to break patterns of conflict and to instal stable and durable peace settlements. They do this not just by underwriting security arrangements, but also by being available to intervene at critical moments. This book considers the special (but by no means unique) case where the conflict is located in a region of one state over which a neighbouring state has had a territorial claim, itself part of the legacy of a quasi-colonial relationship: Northern Ireland. This book focuses on the changes in the British state, whose writ of course extends over Northern Ireland, but also the Irish state, which surrendered a strong formal but ineffective claim to jurisdiction over Northern Ireland for the reality of a significant voice in its political future. These were ultimately to facilitate the process of settlement leading to the 1998 Good Friday Agreement, and the later transformation of institutions and political relations in Northern Ireland and in these islands more generally. It innovates by using a new oral archive built up over the past decade. The book explores the interrelations of different levels of state and institutional change. These interrelations range from the broadest concepts of sovereignty and ideology to the actual impact of large changes on particular institutions and laws. They also extend over elite political assumptions and strategies, and inter-state coordination practices. This book was published as a special issue of Irish Political Studies.