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The economists who began using statistics to analyze financial markets in the 1950s have been credited with revolutionizing the scholarship of investing and with inaugurating modern financial economics. By examining the work of economists who used statistics to analyze financial markets before...
Persistent link: https://www.econbiz.de/10011851242
This outstanding collection of William Brock's essays illustrates the power of dynamic modelling to shed light on the forces for stability and instability in economic systems. The articles selected reflect his best work and are indicative both of the type of policy problem that he finds...
Persistent link: https://www.econbiz.de/10014473837
Complexity research draws on complexity in various disciplines. This Handbook provides a comprehensive and current overview of applications of complexity theory in economics. The 15 chapters, written by leading figures in the field, cover such broad topic areas as conceptual issues,...
Persistent link: https://www.econbiz.de/10011851471
'normality', and time-varying volatility. Professor Diebold has selected seminal papers by leading academics which cover multiple …Barndorff-Nielsen, O.E. and N. Shephard (2004), "Power and Bipower Variation with Stochastic Volatility and Jumps … generalized ARCH model," The Review of Economics and Statistics, 498-505. -- Brownlees, C. and R.F. Engle (2011), "Volatility …
Persistent link: https://www.econbiz.de/10011852322
Despite being an integral part of modern economic science, the subject of financial economics has deep historical roots. Geoffrey Poitras provides an exhaustive account of the early development of the subject and, in so doing, provides a sound basis for the study of modern financial economics....
Persistent link: https://www.econbiz.de/10014473873
This up-to-date book demonstrates how the purchasing power parities (PPPs) of currencies are being increasingly used in place of exchange rates for a variety of purposes. These include: comparisons of real income, measurements of global inequality and poverty, calculation of the human...
Persistent link: https://www.econbiz.de/10014473994
Benefit transfer is the practice of estimating economic values at a target site by utilising the results of existing studies for different sites. It is commonly used to estimate values for changes in environmental conditions where time and cost factors constrain the direct application of...
Persistent link: https://www.econbiz.de/10014474028
Whilst all of the major industrialized countries are currently experiencing population ageing, Japan is at the forefront of this demographic trend. This important new book explores the serious economic and social challenges that a rapidly ageing Japanese economy will have to overcome in the...
Persistent link: https://www.econbiz.de/10014474149
This book summarises the latest achievements of researchers involved in the application of game theory to the analysis of environmental matters. It provides an overview of different methods and applications, and gives the reader new insights on the solutions to complex environmental problems....
Persistent link: https://www.econbiz.de/10011851610
This important new book provides a valuable set of studies on spatial dynamics, emerging networks and modelling efforts. It employs interdisciplinary concepts alongside innovative trajectories to highlight recent advances in analysing and modelling the spatial economy, transport networks,...
Persistent link: https://www.econbiz.de/10011851672