Empirical dynamic asset pricing

model specification and econometric assessment

Written by one of the leading experts in the field, this book focuses on the interplay between model specification, data collection, and econometric testing of dynamic asset pricing models. The first several chapters provide an in-depth treatment of the econometric methods used in analyzing financial ...

Fractales y finanzas

una aproximación matemática a los mercados: arriesgar, perder y ganar

El matemático de origen polaco Benoît Mandelbrot es considerado como el «padre de la geometría fractal». Los fractales #estructuras geométricas de diversos niveles de tamaño, cada una de los cuales repite a pequeña escala la estructura total# son idóneos para mensurar la rugosidad de la ...

Asset securitisation and synthetic structures

innovations in the european credit markets

Understand the key product innovations, complex structures and advanced applications in the asset-backed securities (ABS), credit derivatives and CDO markets. Leading practitioners who have driven European market developments provide you with unique, practical direction on the rapidly changing markets, products, structures, investment vehicles and risk ...

Maverick real estate financing

the art of raising capital and owning properties like Ross, Sanders and Carey

This book includes Real estate financing lessons, by some of the best minds in the business. The real estate market is booming, and over the last few years, people have turned to this reliable investment because of its incredible potential. However, real estate investing is ...

Dictionary of international investment and finance terms

Financial World Publishing has developed a series of dictionaries on international banking and finance. As the publishing imprint of an educational institute that delivers and administers professional finance qualifications at a variety of levels around the world, they appreciate the need for and are able ...

Getting started in fundamental analysis

Most moderate and conservative investors rely on fundamental analysis to identify potential investments. But since accounting is essential to understanding this approach, some investors tend to shy away from it. Getting Started in Fundamental Analysis offers a fresh look at the basics and provides readers ...

Tools for computational finance

"This book is very easy to read and one can gain a quick snapshot of computational issues arising in financial mathematics. Researchers or students of the mathematical sciences with an interest in finance will find this book a very helpful and gentle guide to the ...

Forecasting financial markets

the psychology of successful investing

The ability to make money in the world's financial markets depends critically on an individual's ability to make decisions independently of the crowd. To attain such independence, the investor or trader must acquire the capacity to understand the forces at work in logical ...

Microfoundations of financial economics

an introduction to general equilibrium asset pricing

This textbook takes the reader from the level of microeconomics principles through to modern asset pricing theory. Yvan Lengwiler elegantly links together issues that have in the past been the territory of general economic theorists on the one hand, and financial economists on the other ...

Efectos a largo plazo de las ampliaciones de capital en el mercado español

riesgos, optimismo y manipulación de beneficios

Agradecimientos. Introducción. Capítulo 1: Evolución a largo plazo de las empresas que amplían capital. Capítulo 2: ¿Son los inversores demasiado optimistas en sus expectativas acerca de las empresas que amplían capital?. Capítulo 3: Earnings management como explicación a la anomalía de las ampliaciones de capital ...

The basel II risk parameters

estimation, validation, and stress testing

The estimation and validation of the Basel II risk parameters PD (default probability), LGD (loss given default), and EAD (exposure at default) is an important problem in banking practice. These parameters are used on the one hand as inputs to credit portfolio models, on the ...

Asset prices, booms and recessions

is a book on Financial Economics from a dynamic perspective. It focuses on the dynamic interaction of financial markets and economic activity. The financial markets to be studied here encompasses the money and bond market, credit market, stock market and foreign exchange market. Economic activity ...

Introduction to stochastic calculus for finance

a new didactic approach

The large number of already available textbooks on stochastic calculus with specific applications to finance requires a justification for another contribution to this subject. The justification is mainly pedagogical. These lecture notes start with an elementary approach to stochastic calculus due to Follmer, who showed ...

Active credit portfolio management

a practical guide to credit risk management strategies

The introduction of the euro in 1999 marked the starting point of the development of a very liquid and heterogeneous EUR credit market, which exceeds EUR 350 bn in respect to outstanding corporate bonds. Against this background, credit risk trading and credit portfolio management gained ...

The forewarned investor

don't get fooled again by corporate fraud

The authors identify common manifestations of fraud visible to investors. When an investor encounters a collection of these danger signs, he should follow the lead of a poker player with a lousy hand and fold.

Cash return on capital invested

ten years of investment analysis with the CROCI economic profit model

In this book, Pascal Costantini gives a lively and wonderfully readable account of ten years of efforts by a small group of investment analysts to find a reliable, practical and implementable method for valuing and selecting shares. The result of their effort is an original ...

Operational risk

modeling analytics

"Enterprise Risk Management" provides a highly detailed development of the many probabilistic and statistical methods that are used in operational risk. These methods have traditionally been developed in the insurance/actuarial field, but they are now applicable to operational risk measurement and management. In the ...

Raising venture capital

Offering a deep insight into the venture capital deal-making process, Raising Venture Capital also provides valuable introduction to the subject. The book is practical in focus but based on sound academic theory, research and teaching materials gathered over the last 4 years at Tanaka Business ...

Modeling risk

applying Monte Carlo simulation, real options analysis, forecasting, and optimization techniques

Divided into nine information-packed parts, Modeling Risk provides both a qualitative and quantitative description of risk, as well as an introduction to the methods used to identify, predict, quantify, value, hedge, diversify, and manage it.

Damodaran on valuation

security analysis for investment and corporate finance

"Aswath Damodaran is simply the best valuation teacher around. If you are interested in the theory or practice of valuation, you should have "Damodaran on Valuation" on your bookshelf. You can bet that I do." - Michael J. Mauboussin, Chief Investment Strategist, Legg Mason Capital Management ...