Financial econometrics is a great success story in economics. Econometrics uses data and statistical inference methods, together with structural and descriptive modeling, to address rigorous economic problems. Its development within the world of finance is quite recent and has been paralleled by...

This paper offers a quantitative description of European private equity markets and compares the recent development in these markets with the development of the US venture capital market. Moreover, the paper addresses the differences between private equity investors acting in a single national...

Thou living ray of intellectual fire -- An idea in the rough -- Some kind of an education -- Living up to the model -- Tortuous economic intuition -- The money wars -- Global reach -- Stagflation -- Changing fields -- What do traders do? -- Exploring general equlibrium.

Business managers will gain a basic understanding of the complex world of finance with Introduction to Finance: Markets, Investments, and Financial Management, 15th Edition. This text presents a balanced survey of the three main areas of finance: institutions and markets, investments, and...