This book is a guide to asset and risk management from a practical point of view. It is centered around two questions … triggered by the global events on the stock markets since the middle of the last decade: - Why do crashes happen when in theory … they should not? - How do investors deal with such crises in terms of their risk measurement and management and, as a …

Gaston Michel investigates whether shocks to real estate markets constitute an important source of the risk that is … priced in the cross section of equity returns. His results document that real estate risk explains a large part of the cross … pricing story: higher asset returns must be associated with lower prices and higher risk exposure. In particular, he …

Chapter 1 Price Disequilibrium Theory -- Chapter 2 International Grid of Capital Flows: Innovation, Crisis, and Off … Theory -- Chapter 5 Why ‘Austerity’ Failed In Greece: Testing The Validity of Economic Models -- Chapter 6 Financial Hegemony …This book aims to explore stability in an international financial system using disequilibrium theory. It examines …

Sunanda Sen offers an analysis of the ongoing malaise in the world economy, which include the financial and real …

-- The Credit Market and Economic Activity: Theories on Credit Market, Credit Risk and Economic Activity -- Empirical Tests …: Static Portfolio Theory: CAPM and Extentsions -- Consumption Based Asset Pricing Models -- Asset Pricing Models with … -- Exchange Rate Shocks, Financial Crisis and Output Loss -- International Portfolio and the Diversification of Risk …

risky, what leads them to choose the risky alternative? The answer starts with a detailed review of the theory behind risk … risky, what leads them to choose the risky alternative? The answer starts with a detailed review of the theory behind risk … and decision making by managers. The book then gathers real-world evidence using two surveys of senior managers and …