Financial Innovations and Market Volatility

Financial Innovations and Market Volatility PDF Author: Alexander Miller
Publisher: Wiley
ISBN: 9781557862525
Category : Business & Economics
Languages : en
Pages : 288

Get Book Here

Book Description
In this book, Nobel Laureate Merton Miller presents a sustained attack on the popular view that modern financial innovations have created excessive market volatility to the detriment of individual savers and business investors, and that regulation is essential in such forms as higher margin requirements, taxes on trading, and perhaps even closing down the future market.

Financial Innovations and Market Volatility

Financial Innovations and Market Volatility PDF Author: Alexander Miller
Publisher: Wiley
ISBN: 9781557862525
Category : Business & Economics
Languages : en
Pages : 288

Get Book Here

Book Description
In this book, Nobel Laureate Merton Miller presents a sustained attack on the popular view that modern financial innovations have created excessive market volatility to the detriment of individual savers and business investors, and that regulation is essential in such forms as higher margin requirements, taxes on trading, and perhaps even closing down the future market.

The Handbook of Financial Instruments

The Handbook of Financial Instruments PDF Author: Frank J. Fabozzi
Publisher: John Wiley & Sons
ISBN: 0471445606
Category : Business & Economics
Languages : en
Pages : 863

Get Book Here

Book Description
An investor's guide to understanding and using financial instruments The Handbook of Financial Instruments provides comprehensive coverage of a broad range of financial instruments, including equities, bonds (asset-backed and mortgage-backed securities), derivatives (equity and fixed income), insurance investment products, mutual funds, alternative investments (hedge funds and private equity), and exchange traded funds. The Handbook of Financial Instruments explores the basic features of each instrument introduced, explains their risk characteristics, and examines the markets in which they trade. Written by experts in their respective fields, this book arms individual investors and institutional investors alike with the knowledge to choose and effectively use any financial instrument available in the market today. John Wiley & Sons, Inc. is proud to be the publisher of the esteemed Frank J. Fabozzi Series. Comprising nearly 100 titles-which include numerous bestsellers—The Frank J. Fabozzi Series is a key resource for finance professionals and academics, strategists and students, and investors. The series is overseen by its eponymous editor, whose expert instruction and presentation of new ideas have been at the forefront of financial publishing for over twenty years. His successful career has provided him with the knowledge, insight, and advice that has led to this comprehensive series. Frank J. Fabozzi, PhD, CFA, CPA, is Editor of the Journal of Portfolio Management, which is read by thousands of institutional investors, as well as editor or author of over 100 books on finance for the professional and academic markets. Currently, Dr. Fabozzi is an adjunct Professor of Finance at Yale University's School of Management and on the board of directors of the Guardian Life family of funds and the Black Rock complex of funds.

Mathematics and Statistics for Financial Risk Management

Mathematics and Statistics for Financial Risk Management PDF Author: Michael B. Miller
Publisher: John Wiley & Sons
ISBN: 1118750292
Category : Business & Economics
Languages : en
Pages : 341

Get Book Here

Book Description
Mathematics and Statistics for Financial Risk Management is a practical guide to modern financial risk management for both practitioners and academics. Now in its second edition with more topics, more sample problems and more real world examples, this popular guide to financial risk management introduces readers to practical quantitative techniques for analyzing and managing financial risk. In a concise and easy-to-read style, each chapter introduces a different topic in mathematics or statistics. As different techniques are introduced, sample problems and application sections demonstrate how these techniques can be applied to actual risk management problems. Exercises at the end of each chapter and the accompanying solutions at the end of the book allow readers to practice the techniques they are learning and monitor their progress. A companion Web site includes interactive Excel spreadsheet examples and templates. Mathematics and Statistics for Financial Risk Management is an indispensable reference for today’s financial risk professional.

Miller's Comprehensive GAAP Guide

Miller's Comprehensive GAAP Guide PDF Author: Martin A. Miller
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 1308

Get Book Here

Book Description


经济学原理

经济学原理 PDF Author: 谭亮
Publisher: 重庆大学电子音像出版社有限公司
ISBN: 7568901165
Category : Business & Economics
Languages : en
Pages : 384

Get Book Here

Book Description
本书共三个部分,十四个章节。第一部分是导言,共两章,分别是“经济学概要”和“经济学分析框架”,介绍经济学的研究对象以及研究方法。第二部分是微观经济学,共六章,分别是“需求、供给与弹性”“消费者理论”“厂商理论”“完全竞争和垄断”“垄断竞争和寡头”和“博弈论与信息经济学”。第三部分是宏观经济学,共六章,分别是“国民收入”“通货膨胀与失业”“经济增长”“总需求与总供给”“短期经济波动”“中国在世界经济中的位置”和“国际经济学”。本书从全英文经济学教学的实际需求出发,力求用精练的语言阐明基本的理论,简化数学推导,并在每章都附有补充阅读材料,其中大部分是与中国经济有关的案例分析,这样更能体现本书洋为中用的指导思想。本书可作为本科院校经济管理、国际商务和企业管理等相关专业的经济学原理课程教材,也可作为有兴趣学习经济学原理的相关人员的学习用书。

Firms, Markets and Hierarchies

Firms, Markets and Hierarchies PDF Author: Glenn R. Carroll
Publisher: Oxford University Press
ISBN: 0195353196
Category : Business & Economics
Languages : en
Pages : 561

Get Book Here

Book Description
This book examines transaction cost economics, the influential theoretical perspective on organizations and industry that was the subject of Oliver Williamson's seminal book,Markets and Hierarchies (1975). Written by leading economists, sociologists, and political scientists, the essays collected here reflect the fruitful intellectual exchange that is occurring across the major social science disciplines. They examine transaction cost economics' general conceptual orientation, its specific theoretical propositions, its applications to policy, and its use in systematic empirical research. The chapters include classic texts, broad review essays, reflective commentaries, and several new contributions to a wide range of topics, including organizations, regulations and law, institutions, strategic management, game theory, entrepreneurship, innovation, finance, and technical information. The book begins with an overview of theory and research on transaction cost economics, highlighting the specific accomplishments of scholars working within the perspective and emphasizing the enormous influence that transaction cost reasoning exerts on the social sciences. The following section covers conceptual uses for the transaction cost framework and major theoretical or methodological elements within it, such as bounded rationality. While advancing some interesting theoretical propositions, these chapters are in fact more ambitious: each examines a specific field, area, or research program and attempts to fashion a new way of thinking about research questions. In the section on industrial applications, contributors study the application of transaction cost theory to a range of problems in utilities, telecommunications, laser printing, and early international trade. The book closes with four microanalytical chapters that delve into the structures and behaviors of specific aspects of firms and organizations: boards of directors, equity structures, employment models, human resource policies and practices, technology strategies, and innovation events. Firms, Markets, and Hierarchies collects excellent social science work on transaction cost economics, taking stock of its status, charting its future development, and fostering its renewal and evolution.

Taxation of Derivatives and Cryptoassets

Taxation of Derivatives and Cryptoassets PDF Author: Oktavia Weidmann
Publisher: Kluwer Law International B.V.
ISBN: 9403524057
Category : Law
Languages : en
Pages : 519

Get Book Here

Book Description
Derivatives stand at the forefront of financial innovation, continually evolving to accommodate new asset classes and risk categories. In the past decade, the growing popularity of cryptoassets and ESG investments has sparked the development of a variety of innovative investment strategies and risk management tools, including crypto and ESG derivatives and related structured products. This new edition has similarly evolved. Using illustrative examples, it provides a comprehensive analysis of the key tax issues associated with derivatives and cryptoassets in domestic and cross-border transactions and presents approaches that tax legislators could adopt to solve them. The new edition also comments on recent trends in global tax policy, such as the OECD Base Erosion and Profit Shifting (BEPS) 1.0 and 2.0 projects. Throughout the book, specific references are made to UK, German, and Swiss tax law. The updated edition addresses the following topics: economic and financial properties of derivatives and cryptoassets; definition of derivatives for tax purposes and its application to crypto derivatives and ESG derivatives, among others; accounting treatment of derivatives and cryptoassets under IFRS, UK, German and US GAAP; current tax legislation and policy alternatives to the taxation of derivatives and cryptoassets; characterisation of derivatives gains and losses as income or capital, and equity or debt; accounting and taxation treatment of hedging transactions involving derivatives or cryptoassets; accounting and taxation rules applying to structured products and hybrid instruments, including crypto and ESG-linked structured products; withholding taxes on derivatives and the concept of beneficial ownership in domestic and cross-border transactions; and anti-avoidance legislation applying to derivatives and cryptoassets, including the domestic law implementation of BEPS Action 2, the EU Anti-Tax Avoidance Directives (ATAD I and II), the tax transparency rules for cryptoassets (DAC8) and Pillar Two. This comprehensive book analyses recent developments in three intertwined areas of expertise: financial products, accounting and tax law. It will be a valuable resource to tax professionals in their daily practice of advising companies, banks and investment funds. It will also be of interest to government officials and researchers engaged in the taxation of derivatives, cryptoassets, and ESG investment products.

Intermediate Accounting

Intermediate Accounting PDF Author: Donald E. Kieso
Publisher: John Wiley & Sons
ISBN: 0470616318
Category : Business & Economics
Languages : en
Pages : 657

Get Book Here

Book Description
Due to the emergence of IFRS as the required convention for reporting to stock exchanges in the European Union and other important markets, accountants must gain a strong understanding of these standards. Intermediate Accounting integrates this new information throughout the chapters so they’ll learn how to apply the new global accounting standards. Global examples are presented to clearly show how the information is utilized in the field. The use of various currencies is also explored, which is critical for accountants to know in today’s global businesses environment.

Trustworthy Global Computing

Trustworthy Global Computing PDF Author: Rocco De Nicola
Publisher: Springer Science & Business Media
ISBN: 3540300074
Category : Computers
Languages : en
Pages : 379

Get Book Here

Book Description
This book constitutes the thoroughly refereed post-proceedings of the International Symposium on Trustworthy Global Computing, TGC 2005, held in Edinburgh, UK, in April 2005, and colocated with the events of ETAPS 2005. The 11 revised full papers presented together with 8 papers contributed by the invited speakers were carefully selected during 2 rounds of reviewing and improvement from numerous submissions. Topical issues covered by the workshop are resource usage, language-based security, theories of trust and authentication, privacy, reliability and business integrity access control and mechanisms for enforcing them, models of interaction and dynamic components management, language concepts and abstraction mechanisms, test generators, symbolic interpreters, type checkers, finite state model checkers, theorem provers, software principles to support debugging and verification.

Miller GAAP Practice Manual

Miller GAAP Practice Manual PDF Author:
Publisher:
ISBN:
Category : Accounting
Languages : en
Pages : 1380

Get Book Here

Book Description