The EU and the U.S. confront distinct factor market dynamics and common policy challenges. Labor market developments and long-term changes in capital markets and capital flows represent key problems in aging societies. The analyses presented here compare the European and U.S. patterns in this...

This book provides an up-to-date summary of the consequences of demographic aging for labor markets, financial markets, economic growth, social security schemes and public finances in Germany, essentially reflecting the present state of knowledge in any of these areas. Compared to other...

How should investors manage portfolios during crises? This question has surfaced since the 2008 global financial crisis, which is the latest of a series of shocks that began in the early 1970s. While crisis situations offer opportunities to outperform markets or to be engulfed by them, little...

This book is the first publication to provide a comprehensive overview about the market, financial instruments and the associated impact assessment for interested practitioners and academics. Specifically, it will introduce the concept of impact investing within the broader field of social...

This book takes up unique agent-based approaches to solving problems related to stock and their derivative markets. Toward this end, the authors have worked for more than 15 years on the development of an artificial market simulator called U-Mart for use as a research and educational tool. A...

Tuckett argues that most economists' explanations of the financial crisis miss its essence; they ignore critical components of human psychology. He offers a deeper understanding of financial market behaviour and investment processes by recognizing the role played by unconscious needs and fears in...

In dem vorliegenden Buch analysiert René Berg die informationsökonomische Bedeutung von Informationsintermediären bei der Kanalisierung legitimer nachhaltiger Unternehmensaktivitäten. Auf Basis einer institutionentheoretisch entwickelten Soll-Nachhaltigkeitskonzeption wird ein asymmetrischer...

Aktienkurse gelten als repräsentativ für den ‚wahren‘ Wert von Unternehmen, da sie der aggregierten Markterwartung bezüglich aller zukünftigen Renditen entsprechen. So plausibel dieser Zusammenhang in der Theorie ist, so komplex und undurchsichtig können die Mechanismen der Preisbildung...

Part 1. Portfolio building blocks covering foreign exchange, money markets, fixed Income and derivatives Instruments -- 1 Traded Foreign Exchange Instruments -- 2 Traded Money Market Instruments -- 3 Fixed Income Instruments market condition, pricing mechanism, quoting and settlement convention...