The book analyses the establishment of De Nederlandsche Bank and its early development as a case study to test competing theories on the historical development of central banking.
In recent years, exchanges on both sides of the Atlantic have been extensively reengineered, and their organizational structures have changed from non-profit, membership organizations to for-profit, demutualized organizations.
Using network models to investigate the interconnectivity in modern economic systems allows researchers to better understand and explain some economic phenomena.
Since the 2008 economic crisis, small and medium-sized enterprises (SMEs) have faced serious financial problems and have been looking to financial institutions and governments for solutions and new proposals to address these issues.
This book presents a forecasting mechanism of the price intervals for deriving the SCR (solvency capital requirement) eradicating the risk during the exercise period on one hand and measuring the risk by computing the hedging exit time function associating with smaller investments the date until which the value of the portfolio hedges the liabilities on the other.
This monograph provides a comprehensive source of analysis and research on alternative investments in the wealth management process, with a special focus on Poland and Eastern Europe.
Understanding the process of shaping investor expectations is essential to describe and predict changes in the value of assets on the financial markets, especially stock prices on the capital markets and thus the value of companies listed on them.
This book discusses theories of monetary and financial innovation and applies them to key monetary and financial innovations in history - starting with the use of silver bars in Mesopotamia and ending with the emergence of the Eurodollar market in London.
In this book, leading experts take a long-term view of the trends and policies of most relevance in achieving the structural readjustment required by the current crisis, which for too long has been viewed merely as an economic recession.
One hundred years after its foundation, the Federal Reserve has been entrusted with an enormous expansion in its operating powers for the sake of reviving a sluggish economy during the financial crisis.
This textbook first introduces the reader to return measurement and then goes on to compare the time-weighted rate of return (TWR) with the money-weighted rate of return (MWR).
The purpose of this book is to establish a connection between the traditional field of empirical economic research and the emerging area of empirical financial research and to build a bridge between theoretical developments in these areas and their application in practice.
The recent world economic crisis showed very clearly that financial crises and sovereign defaults are severe threats to economic and social prosperity.
Today's financial system is considerably more complex than in years past, as new financial instruments have been introduced that are not well understood even by the people and institutions that invest in them.
Against the backdrop of China's increasingly influential role in the international financial architecture, this book seeks to characterize and evaluate China's financial power potential.
Usually, when we consider the information that is given in a household budget survey, we do so in terms of expenditures for different goods and services and how these relate to income, prices, and socio demographic factors such as age, family size, and education.
As a result of the financial crisis, the weaknesses of the Eurozone, including the public debt crisis, materialized in severe depressions in certain of its country members.
This peer-reviewed volume from the Society for the Study of Business and Finance, discusses current issues in globalization and financial system from an international political and economic perspective.
This research monograph provides an introduction to tractable multidimensional diffusion models, where transition densities, Laplace transforms, Fourier transforms, fundamental solutions or functionals can be obtained in explicit form.
The economies of the European countries are still in recession, the development process is at a standstill, companies are facing financial difficulties, and the EU's monetary policy is tight and focused on lowering inflation.
Seit Beginn der 1980er Jahre kam es in den reichen Volkswirtschaften zu einem starken Anstieg der Einkommensungleichheit, der begleitet ist von geringen Chancen, auf der Einkommensleiter emporzusteigen.
Seit Beginn der 1980er Jahre kam es in den reichen Volkswirtschaften zu einem starken Anstieg der Einkommensungleichheit, der begleitet ist von geringen Chancen, auf der Einkommensleiter emporzusteigen.
"e;A Contribution to The Critique Of The Political Economy"e; is an analysis of capitalism and quantity theory of money, achieved by critiquing the writings of the leading theoretical exponents of capitalism at that time: these were the political economists, nowadays often referred to as the classical economists; Adam Smith and David Ricardo.
This book explores the role of national fiscal policies in a selected group of Euro-area countries under the European Economic and Monetary Union (EMU).
This book is an applications-oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies.
