Since 2007, the repeated financial crises around the world have brought to the headlines financial practices and models considered to fuel the economic instabilities. Deep Dive into Financial Models: Modeling Risk and Uncertainty comes handy in demystifying the underlying quantitative finance concepts. With a limited use of mathematical formalism, the book explains thoroughly the models, their hypotheses, principles and other building blocks. A particular care is given to model limitations and their misuse for investment strategies, asset pricing, or risk management. Its reader-friendly nature provides readers with a head start in quantitative finance.

The first volume of the Eurasian Studies in Business and Economics, the official proceedings series of the Eurasia Business and Economics Society (EBES), includes selected papers from the 13th EBES Conference held in Istanbul in 2014. This volume covers theoretical and empirical contributions in the areas of innovation, entrepreneurship, HR, banking and finance. An eclectic set of methodologies and contributions from experts across the World makes this volume a valued work of reference. This volume also provides a timely opportunity to colleagues, professionals and students to catch up with the most recent studies in different fields and empirical findings on many countries and regions.

Mountains of bills and credit debt don't appear overnight, nor can they be erased by the time you wake in the morning. Debt is not something that happens to you. Debt sometimes comes from poor choices and the desire to have more than you can afford. It's time to give instant gratification an overhaul and realize what's important. This may require a return to the days of a more simple life when we earned it before we spent it. Engulfing debt, sleepless nights, and never-ending worry can be rectified with three easy tools: discipline, sacrifice, and patience. Once you learn how to make and stick to a budget, you'll be on the path to a debt-free life. If you're in an overwhelming financial pit, you'll need the tools to help you out of the abyss. Here you'll find the guidance to help.

1,134 Days to 0 is a collection of witty stories and true, heartfelt experiences that guide you along the path to financial freedom. It was written in layman's terms by an everyday person, not your typical intimidating financial guru. You'll laugh, you'll cry, you'll be inspired but most of all, you'll relate. Through the course of your reading, you will have your "aha" moment, when everything seems clear. You will comprehend that true sacrifice can come in many forms. This may be making sure your children have properly fitted clothes and shoes, or a nutritious meal while you are resewing your hems to get one more season out of your work pants. You may recognize yourself in the stories, realize where you went wrong, and identify how to correct your mistakes. In the end, you can reminisce about days gone past when you were in over your head. You'll find your inner rock star and become a savvy shopper and ultimate budget-keeper.

This book defines and develops the concept of data capital. Using an interdisciplinary perspective, this book focuses on the key features of the data economy, systematically presenting the economic aspects of data science. The book (1) introduces an alternative interpretation on economists' observation of which capital has changed radically since the twentieth century; (2) elaborates on the composition of data capital and it as a factor of production; (3) describes morphological changes in data capital that influence its accumulation and circulation; (4) explains the rise of data capital as an underappreciated cause of phenomena from data sovereign, economic inequality, to stagnating productivity; (5) discusses hopes and challenges for industrial circles, the government and academia when an intangible wealth brought by data (and information or knowledge as well); (6) proposes the development of criteria for measuring regulating data capital in the twenty-first century for regulatory purposes by looking at the prospects for data capital and possible impact on future society. Providing the first a thorough introduction to the theory of data as capital, this book will be useful for those studying economics, data science, and business, as well as those in the financial industry who own, control, or wish to work with data resources.

This bookdescribes computational financetools. It covers fundamental numerical analysis and computational techniques, such asoption pricing, and givesspecial attention tosimulation and optimization. Many chapters are organized as case studies aroundportfolio insurance and risk estimation problems. In particular, several chapters explain optimization heuristics and how to use them for portfolio selection and in calibration of estimation and option pricing models. Such practical examples allow readers to learn the steps for solving specific problems and apply these steps to others. At the same time, the applications are relevant enough to make the book a useful reference. Matlab and R sample code is provided in the text and can be downloaded from the book's website.
Shows ways to build and implement tools that help test ideasFocuses on the application of heuristics; standard methods receive limited attentionPresents as separate chapters problems from portfolio optimization, estimation of econometric models, and calibration of option pricing models"

This book explores three particular strategies in the extractives sector for creating shared wealth, increased labour opportunities and positive social, environmental and economic outcomes from corporate projects, namely: state wealth funds (SWF), local content policies (LCP) and corporate social responsibility (CSR) practices. Collectively, the chapters explore the associated experiences and challenges in different parts of the world with the view to inform equitable and sustainable development for the communities living adjacent to extractives sites and the wider society and environment. Examples of LCPs, SWFs and CSR practices from 12 jurisdictions with diverse experiences offer usefull insights. The book illuminates challenges and opportunities for sustainable development outcomes of the extractives sector. It reflects the need to take on board the lessons of these global experiences in order to improve outcomes for poverty reduction, inequality reduction and sustainable development.

This book presents a refreshingly new method for coaching the individual on accumulating one millon dollars or more in the public markets. This uniqueness takes several forms. The first of these is the strucuture of the book itself. It is divided into four components. These components are Tools, Parts, Assembly and Warranty. In other words, it is set up as an Owners Manual for the individual. By analogy to other Owners Manuals which we have all seen and attempted to read, the Tools are generally things that are not included with a new item that we purchase and are required to assemble. We must either already have them or purchase them before we can begin the assembly process. The Tools section of this book is completely unlike other investment books. A reader can gain more from reading this section of the book than from most full texts on the subject. The Parts and Assembly sections of the book are in reality the how to of making money in the market. Although admittedly of little value without the first section, these areas combine academic theories with practical experience. Art and science are merged with real life examples of how you can make your money work for you. As a reader goes through these pages, his or her mind is transformed into new modes of thought. It is as if a light comes on and it all begins to make sense. The delivery is powerful and enlightening. The book concludes with a warranty section. It is of little value to accumulate assets if you are going to lose them. Insights are given on protecting not only your investment portfolio but other assets as well. There are full chapters on how to protect the home and auto as well as methods of getting maximum income while reducing taxes. The other area of uniqueness is the detail regarding how an investor must react to bull and bear markets and why they must act in a certain way. Making millions in the market is as much about being able to refrain from certain innate problems that we all possess as investors and converting our natures and subconscious minds in a way that allows us to be successful. Of particular interest are the stories which relate to everything from astro-physics to world history in teaching the reader about the investment world. This moves a rather bland subject from the area of boredom to very interesting reading. A reader will want to read this book again and again and keep it where it can be referred back to. It will be one Owners Manual that will not be locked away in a drawer.

Deviating from the typical commentary on how the Federal Reserve functions, this new study analyzes the entire philosophy behind regulation, discusses its appropriateness in today's economic world, and argues that the system is in need of an overhaul. The Federal Reserve System takes a hard look at the bank regulatory system in the U.S. which differs dramatically from all other developed countries in its diversity: Federal Reserve, Comptroller of the Currency, Federal Deposit Insurance Corporation, and fifty state bank superintendents. Saint Phalle shows how and why this diverse system has developed, discusses the role of the Federal Reserve in the banking system, evaluates the Federal Reserve's mission both domestically and abroad, and examines the Reserve's role in controlling inflation and credit. The author also addresses the recent changes in the nature of banking, money, and credit, and suggests how bank regulations should adapt to these changes, particularly when insurance companies, investment bankers, and industrial firms now propose to offer financial services, formerly rendered by commercial banks.

This book shows that research contributions from different fields-finance, economics, computer sciences, and physics-can provide useful insights into key issues in financial and cryptocurrency markets. Presenting the latest empirical and theoretical advances, it helps readers gain a better understanding of financial markets and cryptocurrencies. Bitcoin was the first cryptocurrency to use a peer-to-peer network to prevent double-spending and to control its issue without the need for a central authority, and it has attracted wide public attention since its introduction. In recent years, the academic community has also started gaining interest in cyptocurrencies, and research in the field has grown rapidly. This book presents is a collection of the latest work on cryptocurrency markets and the properties of those markets. This book will appeal to graduate students and researchers from disciplines such as finance, economics, financial engineering, computer science, physics and applied mathematics working in the field of financial markets, including cryptocurrency markets.

This volume spans economics, history, sociology, law, graphic design, religion, environmental science, politics and more to offer a transdisciplinary examination of debt. From this perspective, many of our most pressing social and environmental crises are explored to raise critical questions about debt's problems and possibilities. Who do we owe? Where are the offsetting credits? Why do such persistent deficits in care permeate so much of our lives? Can we imagine new approaches to balance sheets, measures of value, and justice to reconcile these deficits? Often regarded as a constraint on our ability to meet the challenges of our day, this volume reimagines debt as a social construct capable of empowering people to organize and produce sustainable prosperity for all. This text is ideal for provoking classroom discussions that not only point out the gravity of the crises we face in the twenty-first century, but also seeks to set readers' minds free to create innovative solutions.