fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from … deficit or volatility problems, while others do not? What factors are most important in explaining cross-country variation in …

This book presents methodologies for the Bayesian estimation of GARCH models and their application to financial risk … paradigm for inference. The next three chapters describe the estimation of the GARCH model with Normal innovations and the … different risk perspectives can select their optimal Value at Risk Bayesian point estimate and documents that the differences …

Mean Reversion in Commodity Prices -- Fundamentals of Derivative Pricing -- Stochastic Volatility Models -- Integration … the risk-neutral measure. Mean-reversion in the log-price process is combined with other stochastic factors such as … stochastic volatility, jumps in the underlying and the price process and a stochastic target level as well as with deterministic …

Energy Price Risk was inspired by the success of the courses Tom James has been running in global energy and … commodities trading and price risk management. It is the practitioner's guide to optimizing company performance using the correct … price risk strategies and tools. Based on the author's extensive experience in the commodity derivatives industry, it …

ins Wanken bringen? Die Vorurteile und das Unwissen über die geheimnisumwitterte Welt der Hedgefonds sind groß und haben …

In this book, experts discuss whether volatility, uncertainty, complexity and ambiguity (VUCA) represent a challenge or … Discernment as a Method of Judgment -- Perspectives of Saint John Chrysostom for the VUCA world -- Making Sense of Organizational … Change in Times of Dynamics Complexity: Change Managerialism and Reflexivity -- Living and Leading in a VUCA world: Response …

The Phenomenon of VUCA and Complexity -- Perspectives on a VUCA World -- Simple More Complex: A System Approach to VUCA … Management of Projects and Programs -- Keeping the Flow: Creating Opportunities Based on Well Structured Collaboration -- Risk … Management in a UVA World: Practical Guidelines Based on the Example of a Multinational Retail Group -- Marketing & Communication …