Download or read book Barrier Altiplanos written by Umberto Cherubini and published by . This book was released on 2008 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Copula Theory and Its Applications written by Piotr Jaworski and published by Springer Science & Business Media. This book was released on 2010-07-16 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: Copulas are mathematical objects that fully capture the dependence structure among random variables and hence offer great flexibility in building multivariate stochastic models. Since their introduction in the early 50's, copulas have gained considerable popularity in several fields of applied mathematics, such as finance, insurance and reliability theory. Today, they represent a well-recognized tool for market and credit models, aggregation of risks, portfolio selection, etc. This book is divided into two main parts: Part I - "Surveys" contains 11 chapters that provide an up-to-date account of essential aspects of copula models. Part II - "Contributions" collects the extended versions of 6 talks selected from papers presented at the workshop in Warsaw.
Download or read book Dynamic Copula Methods in Finance written by Umberto Cherubini and published by John Wiley & Sons. This book was released on 2011-10-20 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest tools and techniques for pricing and risk management This book introduces readers to the use of copula functions to represent the dynamics of financial assets and risk factors, integrated temporal and cross-section applications. The first part of the book will briefly introduce the standard the theory of copula functions, before examining the link between copulas and Markov processes. It will then introduce new techniques to design Markov processes that are suited to represent the dynamics of market risk factors and their co-movement, providing techniques to both estimate and simulate such dynamics. The second part of the book will show readers how to apply these methods to the evaluation of pricing of multivariate derivative contracts in the equity and credit markets. It will then move on to explore the applications of joint temporal and cross-section aggregation to the problem of risk integration.
Download or read book Demystifying Exotic Products written by Chia Tan and published by John Wiley & Sons. This book was released on 2010-01-05 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent times, derivatives have been inaccurately labelled the financial weapons of mass destruction responsible for the worst financial crisis in recent history. Inherently complex and perilous for the ill-informed investment professional they can however also be gainfully harnessed. This book is a practical guide to the complexities of exotic products written in simple terms based on the premise that derivatives are not homogenous, and not necessarily dangerous. By exploring common themes behind the construction of various structured products in interest rates, equities and foreign exchange, and investigating the economic environment that promoted the explosive growth of these products, this book will help readers make sense of their relevance in this period of economic uncertainty. Subsequently, by explaining exotic products with simple mathematics, it will aid readers in understanding their potential use in certain investment strategies whilst having a firm control over risk. Exotic products need not be inaccessible. By understanding the products available investors can make informed decisions ensuring features are consistent with their investment objectives and risk preferences. Author Chia Chiang Tan takes readers through the risks and rewards of each product, illustrating when products can damage investment strategies and how to avoid them, leading to suitable, profitable investments. Ultimately, this book will provide practitioners with an understanding of derivatives, enabling them to determine for themselves which products will fit their investment strategy, and how to use them based on the economic environment and inherent risks.
Download or read book Issues in Finance Business and Economics Research 2011 Edition written by and published by ScholarlyEditions. This book was released on 2012-01-09 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues in Finance, Business, and Economics Research: 2011 Edition is a ScholarlyEditions™ eBook that delivers timely, authoritative, and comprehensive information about Finance, Business, and Economics Research. The editors have built Issues in Finance, Business, and Economics Research: 2011 Edition on the vast information databases of ScholarlyNews.™ You can expect the information about Finance, Business, and Economics Research in this eBook to be deeper than what you can access anywhere else, as well as consistently reliable, authoritative, informed, and relevant. The content of Issues in Finance, Business, and Economics Research: 2011 Edition has been produced by the world’s leading scientists, engineers, analysts, research institutions, and companies. All of the content is from peer-reviewed sources, and all of it is written, assembled, and edited by the editors at ScholarlyEditions™ and available exclusively from us. You now have a source you can cite with authority, confidence, and credibility. More information is available at http://www.ScholarlyEditions.com/.
Download or read book Mirages of Transition written by Nils Jacobsen and published by Univ of California Press. This book was released on 2023-09-01 with total page 507 pages. Available in PDF, EPUB and Kindle. Book excerpt: This case study of the Peruvian altiplano, the vast high-altitude plains surrounding Lake Titicaca, combines economic and social analysis with cultural and institutional history. Nils Jacobsen challenges the prevailing view that the rural Andes underwent a successful transition to capitalism between the mid-nineteenth and early twentieth centuries. He argues that although the political, economic, and administrative structures of colonialism were gradually dismantled by the region's advancing market economy, colonial modes of constructing power and social identity have lingered on even to this day. The result of painstaking research in remote rural archives, some of them now made inaccessible by the Shining Path, Mirages of Transition will become the definitive work on the Peruvian highlands.
Download or read book Monte Carlo Frameworks written by Daniel J. Duffy and published by John Wiley & Sons. This book was released on 2011-08-02 with total page 775 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is one of the first books that describe all the steps that are needed in order to analyze, design and implement Monte Carlo applications. It discusses the financial theory as well as the mathematical and numerical background that is needed to write flexible and efficient C++ code using state-of-the art design and system patterns, object-oriented and generic programming models in combination with standard libraries and tools. Includes a CD containing the source code for all examples. It is strongly advised that you experiment with the code by compiling it and extending it to suit your needs. Support is offered via a user forum on www.datasimfinancial.com where you can post queries and communicate with other purchasers of the book. This book is for those professionals who design and develop models in computational finance. This book assumes that you have a working knowledge of C ++.
Download or read book Ghosts of the Altiplano written by Eioloin Hand and published by Troubador Publishing Ltd. This book was released on 2010-03-01 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: An epic tale of loss, love and reconciliation set against the backdrop of a vast, beautiful country in a continent that has been forgotten.
Download or read book New World War written by D.G. Valdron and published by Fossil Cove Press. This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Berlin 1937, Adolph Hitler and his cabinet meet with representatives of a tiny Latin American nation. Years later, the unfolding consequences of that fateful meeting plunge a continent into flames. New World War concludes the saga begun in Axis of Andes. These stunning alternate histories explore the baroque and tragic journey of Latin America from independence to the depression, and chronicling a dark history that might have been. In Axis of Andes, a tiny change alters the outcome of an election. Rippling outwards, Fascist movements gain more momentum, local politics unravel in new directions. What in our history was a small brushfire war between Ecuador and Peru becomes a death struggle as a prepared Ecuador fights back. As the world looks on, Chile attacks Peru, the Andean wars begin and the conflict brings invasions, counter-invasions, trench war, sea battles and brutal contests extending from mountains to rain forests. New World War shows us the Andean powers stalemated and growing desperate. None of them have the power to knock their adversaries out of the war. Instead, one by one other nations are drawn in as the warring nations seek advantage, Bolivia falls into civil war as Peru and Chile invade. Beyond the Andes mountains, in the headwaters and tributaries to the Amazon, dueling riverboats and jungle fighters from Ecuador and Peru blunder into Brazil, and in the north and south, Argentina and Colombia meddle for their own advantage. New World War is written both as a history and as a series of compelling narratives. It features deep examinations of the societies and economies of each combatant, and exploring the underlying tensions and stresses, the fault lines and tectonic divides that drive the internal politics and international agendas of each combatant. Away from the big pictures, we see scenes of the war and the combatants from their own perspective as the world falls apart around them. The Axis of Andes and New World War is a thrilling, yet scholarly, Alternate History series which ultimately rewrites the map of South America.
Download or read book Politics in the Altiplano written by Edward Dew and published by University of Texas Press. This book was released on 2014-11-07 with total page 235 pages. Available in PDF, EPUB and Kindle. Book excerpt: The department of Puno in southern Peru is an area oriented to livestock and agricultural production, peopled by an Indian peasant mass and a dominant minority of culturally Westernized mestizos. A small but growing hybrid group, the cholos, bridged the cultural gap and collaborated with dissident merchant elements within the mestizo group to challenge the economic, social, and political order of the altiplano (high plateau) system. Politics in the Altiplano analyzes the sources of conflict and political change in the plural society as it underwent socioeconomic development through a period of recurring natural disasters. In the period under study (1956–1966), a prolonged drought precipitated a series of crises. The mismanagement of American aid, sent to the suffering peasants, became a national cause célèbre. As migration to Peru’s coastal cities reached large-scale proportions, several peasant movements were launched in the department. To rechannel local discontent, an autonomous development corporation was created for Puno by the Peruvian Congress. This, plus the institution of local elections in 1963, provided ample opportunity for the coalition of dissident mestizos, cholos, and peasants to pursue their “revolutionary” goals. A rivalry between two major towns, Puno (the department’s capital) and Juliaca (the commercial center), furthered the conflict between conservative mestizos and the peasant-cholo movement. Juliaca’s attempt to secede from the department in November 1965 set off a series of violent strikes and counterstrikes in both cities. Intervention from the national level by government troops put an end to the crisis for the time being. But the continued need for land reform in the department, combined with institutionalized means for political participation, kept the peasants mobilized and the atmosphere of conflict alive.
Download or read book Exotic Options and Hybrids written by Mohamed Bouzoubaa and published by John Wiley & Sons. This book was released on 2010-03-30 with total page 405 pages. Available in PDF, EPUB and Kindle. Book excerpt: The recent financial crisis brought to light many of the misunderstandings and misuses of exotic derivatives. With market participants on both the buy and sell-side having been found guilty of not understanding the products they were dealing with, never before has there been a greater need for clarification and explanation. Exotic Options and Hybrids is a practical guide to structuring, pricing and hedging complex exotic options and hybrid derivatives that will serve readers through the recent crisis, the road to recovery, the next bull market and beyond. Written by experienced practitioners, it focuses on the three main parts of a derivative’s life: the structuring of a product, its pricing and its hedging. Divided into four parts, the book covers a multitude of structures, encompassing many of the most up-to-date and promising products from exotic equity derivatives and structured notes to hybrid derivatives and dynamic strategies. Based on a realistic setting from the heart of the business, inside a derivatives operation, the practical and intuitive discussions of these aspects make these exotic concepts truly accessible. Adoptions of real trades are examined in detail, and all of the numerous examples are carefully selected so as to highlight interesting and significant aspects of the business. The introduction of payoff structures is accompanied by scenario analysis, diagrams and lifelike sample term sheets. Readers learn how to spot where the risks lie to pave the way for sound valuation and hedging of such products. There are also questions and accompanying discussions dispersed in the text, each exploited to illustrate one or more concepts from the context in which they are set. The applications, the strengths and the limitations of various models are highlighted, in relevance to the products and their risks, rather than the model implementations. Models are de-mystified in separately dedicated sections, but their implications are alluded to throughout the book in an intuitive and non-mathematical manner. By discussing exotic options and hybrids in a practical, non-mathematical and highly intuitive setting, this book will blast through the misunderstanding of exotic derivatives, enabling practitioners to fully understand and correctly structure, price and hedge theses products effectively, and stand strong as the only book in its class to make these “exotic” concepts truly accessible.
Download or read book Innovation for development written by Devaux, A. and published by International Potato Center. This book was released on 2011-11-30 with total page 444 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Geology and Mineral Resources of the Altiplano and Cordillera Occidental Bolivia written by Geological Survey (U.S.) and published by . This book was released on 1992 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human Impact on Mountains written by Nigel J. R. Allan and published by Rowman & Littlefield. This book was released on 1988 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: To learn more about Rowman & Littlefield titles please visit us at www.rowmanlittlefield.com.
Download or read book Earth in Upheaval written by and published by Paradigma Ltd. This book was released on 2009-10-01 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this epochal book, Immanuel Velikovsky, one of the great scientists of modern times, puts the complete histories of our Earth and of humanity on a new basis. He presents the results of his 10-year-long interdisciplinary research in an easily understandable, even entertaining manner. Inspite - or even because - of the disgraceful hostility, provoked by his theories, this book keeps being of ardent topicality, which in the light of recent scientific research is even growing. Earth in Upheaval - a very exactly investigated and easily understandable book - contains material that completely revolutionizes our view of the history of the earth. For all those who have ever wondered about the evolution of the earth, the formation of mountains and oceans, the origin of coal or fossils, the question of the ice ages and the history of animal and plant species, Earth in Upheaval is a MUST-READ!
Download or read book And Then What Happened written by Alta Mae Stevens and published by AuthorHouse. This book was released on 2014-01-06 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: And Then What Happened? reviews the career of Harold R. Harris that for a remarkable near-eighty years involved every aspect of aviation. An engineer, he was notable for his fearless innovations, from night flying and airport lighting to test piloting to techniques for overseeing the redesign of aircraft for cotton dusting or the transport of large heavy machinery. Harris was unique in his ability to transition between the worlds of the military (in both World Wars) and commercial aviation. A practical man, he excelled at hands-on operations. A good deal has been written about his early exploits, including the famous emergency parachute jump. Until now, however, little has been written about his administrative ability, his concern for the safety of both passengers and crew or his talent through hard work and dogged persistence at achieving the realization of a dream. Regarding Harris personal exploits, Justin H. Libby, known for publishing a series of articles covering the exploits of early aviators, observed . . .how many [people [besides Harold Harris] have ever had 26 flying records. . .as well as being inducted into probably the two most prestigious air societies: the American Institute of Astronautics and Aeronautics and the Society of Experimental Test Pilots? In the larger picture, this book is a tribute to the contribution made by one man, Harold Ross Harris, to the amazing history of powered flight in the U.S, and throughout the world.
Download or read book Structured Finance written by Umberto Cherubini and published by John Wiley & Sons. This book was released on 2007-04-30 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Structured Finance: The Object Orientated Approach is aimed at both the finance and IT professionals involved in the structured finance business with the intention of sharing common concepts and language within the industry. The financial community (structurers, pricers and risk managers) view structured products as collections of objects under the so-called replicating portfolio paradigm. The IT community use object oriented programming (OOP) techniques to improve the software updating and maintenance process. For them structured products are collections of objects as well. Despite use of the same object concept, it looks like communication between these different professional functions has been problematic. Recently, construction of standard data structures known as FpML has begun to lay out a common definition of objects, at least for plain vanilla derivatives, both between IT and financial people and across different market players. Along this line, this book builds upon the concept of object to provide frontier treatment of structured finance issues relevant to both communities engaged in building, pricing and hedging products and people engaged in designing and up-dating the corresponding software. Structured Finance: The Object Orientated Approach will enable you to: decompose a structured product in elementary constituent financial objects and risk factors (replicating portfolio) understand the basics of object oriented programming (OOP) applied to the design of structured cash flows objects build your own objects and to understand FpML data structures available for standard products gauge risk exposures of the objects in structured products to: risk factors, their volatilities and the correlation among them (which factor are you long/short? Are you long/short volatility? Are you long/short correlation?) update your risk management system to accommodate structured products with non linear exposures and to design objects to represent, price and hedge, counterparty risk
