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Elsevier

Libros en Economía y Finanzas

  • Risk Analysis in Theory and Practice

    • 1 Edición
    • Jean-Paul Chavas
    • Inglés
    The objective of Risk Analysis in Theory and Practice is to present this analytical framework and to illustrate how it can be used in the investigation of economic decisions under risk. In a sense, the economics of risk is a difficult subject: it involves understanding human decisions in the absence of perfect information. How do we make decisions when we do not know some of events affecting us? The complexities of our uncertain world and of how humans obtain and process information make this difficult. In spite of these difficulties, much progress has been made. First, probability theory is the corner stone of risk assessment. This allows us to measure risk in a fashion that can be communicated among decision makers or researchers. Second, risk preferences are now better understood. This provides useful insights into the economic rationality of decision making under uncertainty. Third, over the last decades, good insights have been developed about the value of information. This helps better understand the role of information in human decision making and this book provides a systematic treatment of these issues in the context of both private and public decisions under uncertainty.

  • Encyclopedia of Forest Sciences

    • 1 Edición
    • Julian Evans + 2 más
    • Inglés
    A combination of broad disciplinary coverage and scientific excellence, the Encyclopedia of Forest Sciences will be an indispensable addition to the library of anyone interested in forests, forestry and forest sciences. Packed with valuable insights from experts all over the world, this remarkable set not only summarizes recent advances in forest science techniques, but also thoroughly covers the basic information vital to comprehensive understanding of the important elements of forestry. The Encyclopedia of Forest Sciences also covers relevant biology and ecology, different types of forestry (e.g. tropical forestry and dryland forestry), scientific names of trees and shrubs, and the applied, economic, and social aspects of forest management. Valuable key features further enhance the utility of this Encyclopedia as an exceptional reference tool. Also available online via ScienceDirect – featuring extensive browsing, searching, and internal cross-referencing between articles in the work, plus dynamic linking to journal articles and abstract databases, making navigation flexible and easy. For more information, pricing options and availability visit www.info.sciencedire...

  • Principles of Cash Flow Valuation

    An Integrated Market-Based Approach
    • 1 Edición
    • Joseph Tham + 1 más
    • Inglés
    Principles of Cash Flow Valuation is the only book available that focuses exclusively on cash flow valuation. This text provides a comprehensive and practical, market-based framework for the valuation of finite cash flows derived from a set of integrated financial statements, namely, the income statement, balance sheet, and cash budget. The authors have distilled the essence of years of gathering academic wisdom in the study of cash flow analysis and the cost of capital. Their work should go a long way toward bridging the gap between the application of cost benefit analysis and the theory of capital budgeting.This book covers the basic concepts in market-based cash flow valuation. Topics include the tme value of money (TVM) and an introduction to cost of capital; basic review of financial statements and accounting concepts; construction of integrated pro-forma financial statements; derivation of free cash flows; use of the WACC in theory and in practice; estimating the WACC for non traded firms; calculating the terminal value beyond the planning period. It also revisits the theory for cost of capital and explains how cash flows are valued in reality. The ideas are illustrated using examples and a case study. The presentation is appropriate for a range of technical backgrounds.This text will be of interest to finance professionals as well as MBA and other graduate students in finance.

  • Profile of the International Fluid Sealing Industry - Market Prospects to 2008

    • 3 Edición
    • K Sutherland
    • Inglés
    The definitive guide to the international fluid sealing industry to help you make the right business decisions. Will help you to keep track of the major issues affecting the market Will enable you to identify new business opportunities Includes Market forecasts, commentary and analysis sup.ported by primary research Completely revised and updated, the 3rd edition of Profile of the International Fluid Sealing Industry - Market Prospects to 2008 reviews the markets, technological trends and major manufacturers of fluid seals on a global basis. We have drawn on the expertise from our existing portfolio, Sealing Technology newsletter and World Pumps magazine to bring you vital information, analyses, forecasts that cannot be found anywhere else. The study deals with items and materials used, very largely, in the mechanical engineering sector, to effect hermetic closures or the separation of fluids. It therefore covers gaskets and packings, O-rings and mechanical and bellows seals. Profile of the International Fluid Sealing Industry covers the structure of the industry, highlighting developments, identifying future trends, and looking at recent mergers and acquisitions in the sector. Market estimates and forecasts to 2008, by region and seal type, are presented along with an analysis of the main end-user markets for fluid seals, as well as a technology overview. Forty leading international fluid sealing manufacturers are profiled. A directory of seal manufacturing companies is also included.

  • The Smart Card Report

    • 8 Edición
    • Wendy Atkins
    • Inglés
    The definitive guide to the smart card industry. Will help you to keep track of the major issues affecting the market Will enable you to identify new business opportunities Includes profiles of key players, assesses market trends and drivers, comprehensive technology review Completely revised and updated, the 8th edition of The Smart Card Report examines the smart card market and major end-use sectors, identifying their needs for smart cards, assessing growth prospects and highlighting market opportunities. The study looks at the structure of the industry, profiles key players, assesses market trends and drivers, discusses industry issues and investigates usage by geographical region and application area. A comprehensive technology review is also included. We have drawn on the expertise from our existing portfolio, Card Technology Today newsletter and ID Smart: Cards for Governement & Healthcare conference to bring you vital information, analysis and forecasts that cannot be found anywhere else.

  • Computational Finance

    Numerical Methods for Pricing Financial Instruments
    • 1 Edición
    • George Levy
    • Inglés
    Computational Finance presents a modern computational approach to mathematical finance within the Windows environment, and contains financial algorithms, mathematical proofs and computer code in C/C++. The author illustrates how numeric components can be developed which allow financial routines to be easily called by the complete range of Windows applications, such as Excel, Borland Delphi, Visual Basic and Visual C++.These components permit software developers to call mathematical finance functions more easily than in corresponding packages. Although these packages may offer the advantage of interactive interfaces, it is not easy or computationally efficient to call them programmatically as a component of a larger system. The components are therefore well suited to software developers who want to include finance routines into a new application.Typical readers are expected to have a knowledge of calculus, differential equations, statistics, Microsoft Excel, Visual Basic, C++ and HTML.

  • Fiscal Health for Local Governments

    • 1 Edición
    • Beth Walter Honadle + 2 más
    • Inglés
    Fiscal Health for Local Governments offers a how-to approach to identifying and solving financial problems. Its principal selling point lies in its assumptions: instead of using the vocabulary and research agendas of economist, finance scholars, and political scientists, it will appeal to readers who lack sophisticated knowledge in these areas and nevertheless need practical advice. The book stems from the Fiscal Health Education Program, an applied economics program at the University of Minnesota. It uses three measures of fiscal health — financial condition, trend analysis, and financial trend monitoring system — as the basis for advocating particular fiscal strategies. The book examines the tools that can be used to assess the condition of a local government's fiscal health and some of the policy causes or remedies for certain situations, as well as some of the strategies governments can pursue to maintain and improve health. It will serve as a primer for readers interested in understanding financial processes and alternatives, and as a practical guide for those who need access to fiscal measurement tools.

  • Regulation and Compliance in Operations

    • 1 Edición
    • David Loader
    • Inglés
    'Regulation and Compliance in Operations' looks at how regulation affects the operations function by focusing on regulatory issues and drivers. As regulatory demands ever increasing, it is important for operations teams to be aware of the important regulatory issues which exist globally. Like any other part of an organization in the financial services industry, operations has rules and regulations to comply with. Although many view regulation as being about rooting out rogue traders and controlling speculators, its role is much more profound than this, and without it many more 'scandals' would undoubtedly occur. The problem for the regulator is that unless total oversight of every transaction, account, business and individual can be made, there will always be rogue traders or more recent examples like Enron and World.Com. As such intense oversight is not practical, the regulator can only do so much, with most of the responsibility resting with the firms and organizations themselves.For operations teams their role in protecting the firm stems from their ability to manage critical processes like reconciliation, asset position agreements and the nostro accounts efficiently and effectively. Regulators need the help and support of the businesses to have a 'business-friendly environment'. When some abuse the trust placed in them and the regulatory environment, a 'scandal' or worse occurs, with the result that the majority are penalized as regulators react to criticism and apply more onerous regulations.It is often the operations teams that bear most, or at least some, of the repercussions of greater regulatory oversight of the business. It is therefore vitally important for operations teams to have a firm understanding of the regulatory issues and drivers. This book will help you gain that understanding, as well as looking at the important regulatory issues in the various global markets in which your business operates.

  • Supply Chain Management

    Design, Coordination and Operation
    • 1 Edición
    • Volumen 11
    • Dekok
    • Inglés
    This handbook contains chapters covering a broad range of supply chain management issues written by leading experts in the field. It is aimed at researchers, students, engineers, economists and managers involved in supply chain management.

  • Portfolio Management in Practice

    • 1 Edición
    • Christine Brentani
    • Inglés
    As individuals are becoming more and more responsible for ensuring their own financial future, portfolio or fund management has taken on an increasingly important role in banks' ranges of offerings to their clients. In addition, as interest rates have come down and the stock market has gone up and come down again, clients have a choice of leaving their saving in deposit accounts, or putting those savings in unit trusts or investment portfolios which invest in equities and/or bonds. Individuals are becoming aware that they might need to top up government pension allocations. Likewise, corporations who run employee pension schemes have to ensure that they are able to cover their current and future liabilities. Investing in unit trusts or mutual funds is one way for individuals and corporations alike to potentially enhance the returns on their savings.Introduction to Portfolio Management covers the:*Theoretical underpinnings of portfolio management*Basics of portfolio construction*Constra... to be considered when building a client portfolio*Types of analysis used for asset allocation and stock selection*Main types of funds available to investors

  • Research in Social Stratification and Mobility

    • 1 Edición
    • Volumen 20
    • Kevin T Leicht
    • Inglés
    Volume 20 of "Research in Social Stratification and Mobility" continues to remain at the forefront of the diverse group of social scientists who study social inequality and is now the official publication of the Social Stratification Research Group of the International Sociological Association (RC-28). This issue features a comprehensive retrospective on the 40 years of contributions to social stratification research made by the late William Sewell and the Wisconsin Longitudinal Survey, including an all-inclusive bibliography of publications. Other contributions address the growing differences between workers with full-time jobs and various categories of the underemployed (in Israel, the United States and Germany), social mobility in Korea and Sweden, subjective responses to social inequality and the social consequences of status inconsistency, and analyses of class consciousness and growing wealth inequality in the OECD.

  • Achieving Market Integration

    Best Execution, Fragmentation and the Free Flow of Capital
    • 1 Edición
    • Scott McCleskey
    • Inglés
    Best execution, market integration, and other major financial market issues have traditionally been dealt with as separate matters requiring individual solutions. In Achieving Market Integration the author demonstrates the interrelated nature of these and other imperative problems, and sensibly reduces them to their common fundamental principles. Beginning with an in-depth examination of best execution in today's multiple-market environment, the book moves logically into an examination of market structure and the problems of achieving genuine integration. The book makes the case that order interaction is fundamental to addressing each of these issues, and develops a unified regulatory approach to achieve true market integration based on intermarket linkages and a cross-market best execution policy. This unique approach culminates in a coherent set of policy recommendations and an innovative framework for assessing the effectiveness of future policy proposals.

  • Energetic Materials

    Part 1. Decomposition, Crystal and Molecular Properties
    • 1 Edición
    • Volumen 12
    • Inglés
    This volume provides an overview of current research and recent advances in the area of energetic materials, focusing on decomposition, crystal and molecular properties. The contents and format reflect the fact that theory, experiment and computation are closely linked in this field. Since chemical decomposition is of fundamental importance in energetic performance, this volume begins with a survey of the decomposition processes of a variety of energetic compounds. This is followed by detailed studies of certain compounds and specific mechanisms, such as nitro/aci-nitro tautomerism. Chapter 6 covers the transition from decomposition to crystal properties, with molecular dynamics being the primary analytical tool. The next several chapters deal with different aspects of the crystalline state, again moving from the general to particular. There is also a discussion of methods for computing gas, liquid and solid phase heats of formation. Finally, the last portion of this volume looks at the potential of high-nitrogen molecules as energetic systems; this has been of considerable interest in recent years.Overall, this volume illustrates the progress that has been made in the field of energetic materials and some of the areas of current activity. It also indicates the challenges involved in characterizing and understanding the properties and behaviour of these compounds. The work is a unique state-of-the-art treatment of the subject, written by pre-eminent researchers in the field.

  • Nursing Illuminations

    A Book of Days
    • 1 Edición
    • Patricia van Betten + 1 más
    • Inglés
    Nursing Illuminations: A Book of Days is a daily reader written to rekindle all of the magnificent aspects of the nursing profession. This unique book describes the contributions of 366 nurses and addresses the history of nursing as well as the contemporary issues that nurses are facing. This depicts the similarities and bonds of nurses from the past and present through their causes, struggles and accomplishments.

  • Credit Risk: From Transaction to Portfolio Management

    • 1 Edición
    • Andrew Kimber
    • Inglés
    Credit Risk: from transaction to portfolio management provides high level, focused analysis of the nature of credit risk in investment bank portfolio management. Written by experienced international practitioners, it offers in-depth information and advice that will help all those charged with managing credit risk at the sharp end.Credit Risk Management strives to protect the capital and reputation of the bank while preserving its franchise and optimising long-term profitability. These goals are achieved by: Recommending suitable credit policies and guidelines Performing due diligence on the banks' customers Incorporating both quanitative and qualitative analysis to balance risk and return Providing creative advice to facilitate client transactions Coordinating legal and operational issues Embracing technological change to enhance bank effectiveness Credit Risk provides financial institutions and their staff with everything they need to know about how to control and manage credit risk. It gives sound analysis of trading strategies and complex derivative product, offers an understanding of settlement procedures and legal issues, and shows how to accurately quantify and measure related risks.

  • Surface Dynamics

    • 1 Edición
    • Volumen 11
    • Inglés
    While much of traditional surface science has been concerned with equilibrium properties and simple kinetics, there is a growing effort in the area of dynamical processes at surfaces. This book draws together a series of chapters written by acknowledged experts in the field, which describe progress in a range of specific topics. The emphasis is on chemical reaction dynamics, including both theoretical and experimental approaches and covering work on low index single crystal surfaces, on stepped surfaces and on supported metal clusters. Other processes, such as surface diffusion are also addressed. Further chapters discuss dynamical processes in electronically-induc... desorption, and in surface diffusion on semiconductors and metals.

  • Handbook of the Economics of Finance

    Corporate Finance
    • 1 Edición
    • Volumen 1A
    • George M. Constantinides + 2 más
    • Inglés
    Volume 1A covers corporate finance: how businesses allocate capital - the capital budgeting decision - and how they obtain capital - the financing decision. Though managers play no independent role in the work of Miller and Modigliani, major contributions in finance since then have shown that managers maximize their own objectives. To understand the firm's decisions, it is therefore necessary to understand the forces that lead managers to maximize the wealth of shareholders.

  • Handbook of the Economics of Finance

    Financial Markets and Asset Pricing
    • 1 Edición
    • Volumen 1B
    • G. Constantinides + 2 más
    • Inglés
    Volume 1B covers the economics of financial markets: the saving and investment decisions; the valuation of equities, derivatives, and fixed income securities; and market microstructure.

  • Finance of International Trade

    • 1 Edición
    • Eric Bishop
    • Inglés
    Introduction to International Trade Finance covers the complete cycle of international trade and explains the roles of the specialist operators. Introduction to International Trade Finance aims to:*Guide the reader through every phase of typical trade transactions, examining in detail the relationships between the various parties involved and explaining the facilities employed. *Demonstrate the range of banking instruments and techniques available to exporters and importers which enable them to enter into contracts, confident that whichever method of settlement they agree upon can be provided with the minimum of risk. *Provide a firm understanding of when to apply a particular form of finance, what risks are involved and how they can be counteracted Now updated to include the UCP600.

  • Engineering a Compiler

    • 1 Edición
    • Keith D. Cooper + 1 más
    • Inglés
    The proliferation of processors, environments, and constraints on systems has cast compiler technology into a wider variety of settings, changing the compiler and compiler writer's role. No longer is execution speed the sole criterion for judging compiled code. Today, code might be judged on how small it is, how much power it consumes, how well it compresses, or how many page faults it generates. In this evolving environment, the task of building a successful compiler relies upon the compiler writer's ability to balance and blend algorithms, engineering insights, and careful planning. Today's compiler writer must choose a path through a design space that is filled with diverse alternatives, each with distinct costs, advantages, and complexities. Engineering a Compiler explores this design space by presenting some of the ways these problems have been solved, and the constraints that made each of those solutions attractive. By understanding the parameters of the problem and their impact on compiler design, the authors hope to convey both the depth of the problems and the breadth of possible solutions. Their goal is to cover a broad enough selection of material to show readers that real tradeoffs exist, and that the impact of those choices can be both subtle and far-reaching. Authors Keith Cooper and Linda Torczon convey both the art and the science of compiler construction and show best practice algorithms for the major passes of a compiler. Their text re-balances the curriculum for an introductory course in compiler construction to reflect the issues that arise in current practice.

  • The International Handbook on Innovation

    • 1 Edición
    • Larisa V Shavinina
    • Inglés
    The International Handbook on Innovation is the most comprehensive and authoritative account available of what innovation is, how it is measured, how it is developed, how it is managed, and how it affects individuals, companies, societies, and the world as a whole. Leading specialists from around the world, responsible for much of the current research in the field, analyze the multidisciplinary and multifaceted nature of innovation, its types and levels, its criteria, its development, its management, its specificity in various domains and contexts, and societal demands on it. They consider innovation from the viewpoints of psychology, management science, business, technology, sociology, philosophy, economics, history, education, art, and public policy.With contributions from over 90 distinguished authors covering 17 nations, readers will obtain expert insight into the latest research and future developments in the field of innovation. The Handbook will present many facets of innovation including its nature, its development, its measurement, its management, and its social, cultural, and historical context. The breadth of this work will allow the reader to acquire a comprehensive and panoramic picture of the nature of innovation within a single handbook. The reader will develop an accurate sense of what spurs potentially creative and innovative people and companies toward their extraordinary achievements and exceptional performances.The handbook can be used as a reference source for those who would like information about a particular topic, or from cover to cover either as a sourcebook or as a textbook in a course dealing with innovation. Anyone interested in knowing the wide range of issues regarding innovation will want to read this handbook.

  • Operational Risk Control with Basel II

    Basic Principles and Capital Requirements
    • 1 Edición
    • Dimitris N. Chorafas
    • Inglés
    Operational Risk Control with Basel II, provides a sound methodology for operational risk control and focuses on management risk and ways to avoid it. The book explains why and how information technology is a major operational risk and shows how to integrate cost control in the operational risk perspective. It aslo details analytical approaches to operational risk control, to help with scorecard developments, explains the distinction between High Frequency Low Risk and Low Frequency High Risk events and provides many case studeies from banking and insurance to demonstrate the attention operational risks deserve.

  • Transport Mediated by Electrified Interfaces

    Studies in the Linear, Non-linear and far from Equilibrium Regimes
    • 1 Edición
    • Volumen 18
    • Inglés
    Transport Mediated by Electrified Interfaces provides an overview of the innovative use of electro-kinetic phenomena in experimentally exploring non-equilibrium regions of chemically non-reacting systems. Transport phenomena mediated by charged liquid-liquid interfaces and solid-liquid interfaces are also covered. Transport phenomena mediated by electrified interfaces are discussed in the context of a number of important areas, including, soil/water systems, phase transfer catalysis, animal/plant physiology and mimicking taste/smell sensing mechanisms.

  • The International Seafood Trade

    • 1 Edición
    • James M Anderson
    • Inglés
    The rapid growth in seafood trade in the past three decades has created a truly global market for fish. Written by one of the world’s leading authorities on the subject, this book is the first to explore the structure, function and trends of this international market. It is invaluable for seafood traders, government officials and researchers, and has become the standard reference on the desks of all participants in and observers of the international fish and seafood trade.

  • Comprehensive Structural Integrity

    • 1 Edición
    • Ian Milne + 2 más
    • Inglés
    The aim of this major reference work is to provide a first point of entry to the literature for the researchers in any field relating to structural integrity in the form of a definitive research/reference tool which links the various sub-disciplines that comprise the whole of structural integrity. Special emphasis will be given to the interaction between mechanics and materials and structural integrity applications. Because of the interdisciplinary and applied nature of the work, it will be of interest to mechanical engineers and materials scientists from both academic and industrial backgrounds including bioengineering, interface engineering and nanotechnology. The scope of this work encompasses, but is not restricted to: fracture mechanics, fatigue, creep, materials, dynamics, environmental degradation, numerical methods, failure mechanisms and damage mechanics, interfacial fracture and nano-technology, structural analysis, surface behaviour and heart valves. The structures under consideration include: pressure vessels and piping, off-shore structures, gas installations and pipelines, chemical plants, aircraft, railways, bridges, plates and shells, electronic circuits, interfaces, nanotechnology, artificial organs, biomaterial prostheses, cast structures, mining... and more. Case studies will form an integral part of the work.

  • Integrative Phytochemistry: from Ethnobotany to Molecular Ecology

    Recent Advances in Phytochemistry
    • 1 Edición
    • Volumen 37
    • John Romeo
    • Inglés
    This monograph series is commissioned by the Phytochemical Society of North America (PSNA). The volumes in this series contain articles on developing topics of interest to scientists, students and individuals interested in recent developments in the biochemistry, chemistry and molecular biology of plants. Volume 37 concentrates on the integration of techniques to solve complex phytochemistry problems.

  • Elements of Financial Risk Management

    • 1 Edición
    • Peter Christoffersen
    • Inglés
    Elements of Financial Risk Management offers an introduction to modern risk management. It focuses on implementation, especially recent techniques which facilitate bridging the gap between standard textbooks on risk and real-life risk management systems. It identifies key features of risk asset returns and captures them in tractable statistical models in the companion website. It presents step-by-step approaches as a means to solve problems. This book is intended for three types of readers with an interest in financial risk management. First, Master's and Ph.D. students specializing in finance and economics. Second, market practitioners with a quantitative undergraduate or graduate degree. Third, a small group of advanced undergraduates majoring in either economics, engineering, finance, or another quantitative field. The book will also suit those in financial engineering courses who have strong quantitative backgrounds and those in Ph.D. courses.

  • Bond and Money Markets

    Strategy, Trading, Analysis
    • 1 Edición
    • Moorad Choudhry
    • Inglés
    The Bond and Money Markets is an invaluable reference to all aspects of fixed income markets and instruments. It is highly regarded as an introduction and an advanced text for professionals and graduate students.Features comprehensive coverage of: * Government and Corporate bonds, Eurobonds, callable bonds, convertibles * Asset-backed bonds including mortgages and CDOs * Derivative instruments including futures, swaps, options, structured products* Interest-rate risk, duration analysis, convexity, and the convexity bias * The money markets, repo markets, basis trading, and asset/liability management * Term structure models, estimating and interpreting the yield curve * Portfolio management and strategies,total return framework, constructing bond indices

  • Advances in Portfolio Construction and Implementation

    • 1 Edición
    • Alan Scowcroft
    • Inglés
    Modern Portfolio Theory explores how risk averse investors construct portfolios in order to optimize market risk against expected returns. The theory quantifies the benefits of diversification.Mode... Portfolio Theory provides a broad context for understanding the interactions of systematic risk and reward. It has profoundly shaped how institutional portfolios are managed, and has motivated the use of passive investment management techniques, and the mathematics of MPT is used extensively in financial risk management.Advances in Portfolio Construction and Implementation offers practical guidance in addition to the theory, and is therefore ideal for Risk Mangers, Actuaries, Investment Managers, and Consultants worldwide. Issues are covered from a global perspective and all the recent developments of financial risk management are presented. Although not designed as an academic text, it should be useful to graduate students in finance.

  • Tech Stock Valuation

    Investor Psychology and Economic Analysis
    • 1 Edición
    • Mark Hirschey
    • Inglés
    Tech Stock Valuation extends the R&D literature by providing detailed direct evidence on the market value implications of inventive and innovative output. Specifically, the text demonstrates that stock-price effects of patent output are most pronounced in the case of high-quality patents, where patent quality is measured by scientific merit. Scientific measures of patent quality give students a valuable new tool that can be used to measure R&D program effectiveness. At the same time, it gives investors a new tool to help them assess the value of hard-to-measure intangible assets. The book is an ideal resource for professionals working in finance and accounting; investment professionals and industry analysts who work for companies that engage in research and development; MBA students; economists working in industrial organizations, microeconomics, and contract theory.

  • IPOs and Equity Offerings

    • 1 Edición
    • Ross Geddes
    • Inglés
    An initial public offering (IPO) is one of the most significant events in corporate life. It follows months, even years of preparation. During the boom years of the late 1990s bull market, IPOs of growth companies captured the imagination and pocketbooks of investors like never before. This book goes behind the scenes to examine the process of an offering from the decision to go public to the procedures of a subsequent equity offering. The book is written from the perspective of an experienced investment banker describing the hows and whys of IPOs and subsequent equity issues. Each aspect of an IPO is illustrated with plenty of international examples pitched alongside relevant academic research to offer a combination of theoretical rigour and practical application. Topics covered are: - the decision to go public- legal and regulatory aspects of an offering; marketing and research- valuation and pricing- allocations of shares to investors - examination of fees and commissions

  • New Insights into Membrane Science and Technology: Polymeric and Biofunctional Membranes

    • 1 Edición
    • Volumen 8
    • Dibakar Bhattacharyya + 1 más
    • Inglés
    Membrane techniques provide a broad science and technology base. Although there are several books in the traditional membrane field, there is a great need for a highly comprehensive book. This refereed book covers materials from highly respected researchers. This title is highly multidisciplinary in nature and should be extremely valuable to scientists and engineers involved in a variety of activities. Students and faculty members around the world will find this title to be an excellent reference book.

  • Handbook of Environmental Economics

    Environmental Degradation and Institutional Responses
    • 1 Edición
    • Volumen 1
    • Karl-Goran Maler + 1 más
    • Inglés
    The Handbook of Environmental Economics focuses on the economics of environmental externalities and environmental public goods. Volume I examines environmental degradation and policy responses from a microeconomic, institutional standpoint. Its perspective is dynamic, including a consideration of the dynamics of natural systems, and global, with attention paid to issues in both rich and poor nations. In addition to chapters on well-established topics such as the theory and practice of pollution regulation, it includes chapters on new areas of environmental economics research related to common property management regimes; population and poverty; mechanism design; political economy of regulation; experimental evaluations of policy instruments; and technological change.

  • Fixed Income Mathematics

    • 1 Edición
    • Robert Zipf
    • Inglés
    Fixed Income Mathematics is an easy-to-understand introduction to the mathematics of common fixed income instruments. This book offers explanations, exercises, and examples without demanding sophisticated mathematics from the reader. Not only does the author use his business and teaching experience to highlight the fundamentals of investment and management decision-making, but he also offers questions and exercises that suggest the applicability of fixed income mathematics. Written for the reader with a general mathematics background, this self-teaching book is suffused with examples that also make it a handy reference guide. It should serve as a gateway to financial mathematics and to increased competence in business analysis. International comparisons are used to illustrate how interest is compounded. This text will be a valuable resource for professional insurance and other actuarials who invest in bonds and who are concerned with inflation, asset-liability management, the time value of money, interest rates, rates of return, risk, and investment income. It will also appeal to MBA students and anyone seeking a general introduction or overview of the subject.

  • Gilt-Edged Market

    • 1 Edición
    • Moorad Choudhry + 2 más
    • Inglés
    The Gilt-Edged Market is specifically aimed at finance professionals and investors who need to understand the inner working of the United Kingdom gilt market. There is detailed coverage of the different gilt instruments, as well as a look at the structures, institutions and practices of the market itself.Topics include:* Bond basics* Conventional gilts* Index-linked gilts* Gilt strips* The gilt repo market* The gilt bond future basis* Yield spread trading using giltsThere are also personal reminiscenes that illustrate the great changes that have occurred in this market since Big Bang, as well as an exposition on the art of trading.The Gilt-Edged Market is ideal reading for traders, salespersons, fund managers, private investors and other professionals involved to any extent in the UK gilt market.

  • The World Trade Organization and International Denim Trading

    • 1 Edición
    • Yan Li + 4 más
    • Inglés
    The World Trade Organization and international denim trading is the first market report that focuses on analysing the international denim trading market and its key players. It discusses the important implications of China's entry into the World Trade Organization for the denim industry and analyses the denim trade in the major markets and the key players including USA, EEC, Japan, Hong Kong and China. Included are extensive and systematic primary data research; geographic distributions of denim trade; detailed description and analysis of major markets; comprehensive analysis of industry and its competitiveness and the impact of the World Trade Organisation.The opening chapter covers international textile and apparel trading; this is followed by China's entry into the World Trade Organisation and its impact on the international textile and apparel trade. The main part of the book reports on denim product trade in specific international markets and the final chapters highlight strategic implications for denim manufacturers and traders.

  • The China and Hong Kong Denim Industry

    • 1 Edición
    • Yan Li + 2 más
    • Inglés
    Based on extensive primary research The Chinese and Hong Kong denim industry is the first title of its kind that contains a systematic description and analysis of the denim textile and clothing industry in mainland China and Hong Kong. The authors describe the industry systematically, from yarn, fabric and garment production to distribution channels with a detailed analysis of the industry's competitiveness. The impact of the World Trade Organisation on the industry is also covered along with a comparative study of the textile clothing industries in the top ten exporting countries and regions in world trade.The Chinese and Hong Kong denim industry is invaluable to companies and individuals interested in the Chinese textile and clothing industry and markets. Universities and students specialising in textiles and clothing, marketing and management will also find this title of use, along with market development managers and market and industry analysts.

  • Derivative Instruments

    A Guide to Theory and Practice
    • 1 Edición
    • Brian Eales + 1 más
    • Inglés
    The authors concentrate on the practicalities of each class of derivative, so that readers can apply the techniques in practice. Product descriptions are supported by detailed spreadsheet models, illustrating the techniques employed.This book is ideal reading for derivatives traders, salespersons, financial engineers, risk managers, and other professionals involved to any extent in the application and analysis of OTC derivatives.

  • Handbook of Heavy Tailed Distributions in Finance

    Handbooks in Finance, Book 1
    • 1 Edición
    • Volumen 1
    • S.T Rachev
    • Inglés
    The Handbooks in Finance are intended to be a definitive source for comprehensive and accessible information in the field of finance. Each individual volume in the series should present an accurate self-contained survey of a sub-field of finance, suitable for use by finance and economics professors and lecturers, professional researchers, graduate students and as a teaching supplement. The goal is to have a broad group of outstanding volumes in various areas of finance. The Handbook of Heavy Tailed Distributions in Finance is the first handbook to be published in this series.This volume presents current research focusing on heavy tailed distributions in finance. The contributions cover methodological issues, i.e., probabilistic, statistical and econometric modelling under non- Gaussian assumptions, as well as the applications of the stable and other non -Gaussian models in finance and risk management.

  • The International Meat Trade

    • 1 Edición
    • Jennifer Spencer
    • Inglés
    With various crises experienced in the meat supply chain in the UK and elsewhere, seldom has the international meat industry been subject to so much attention as it is in the opening years of the 21st century. This major looseleaf represents the first comprehensive overview of the meat industry worldwide, and looks at production, consumption, prices, trade and policy profiles and developments in the key jurisdictions for each of the major product groups – cattle, sheep, pigs and poultry. It provides a wealth of market statistics and analysis of trends, future outlook, threats and opportunities. This is an in-depth survey that no-one involved in the international meat marketplace can afford to be without.

  • Life-Cycle Savings and Public Policy

    A Cross-National Study of Six Countries
    • 1 Edición
    • Axel Borsch-Supan
    • Inglés
    Life-Cycle Savings and Public Policy examines data on many households from a number of different countries. The hope is that through these observations we can learn about the ways policies affect savings, and that other differences among savers can be controlled for, instead of being blamed on cultural differences. This book features a consistent framework among chapters. It reaches a harmony between measurement and analysis to compare accurately the resulting data and statistics. It provides econometric methodology to reveal the way policies affect savings. The book features data on household savings in Germany, Italy, Japan, the Netherlands, the U.K., and the U.S. This book is recommended reading for anyone interested in saving, social insurance policy, or capital formation.

  • Handbook of Agricultural Economics

    Agricultural and Food Policy
    • 1 Edición
    • Volumen 2B
    • Bruce L. Gardner + 1 más
    • Inglés

  • Handbook of Agricultural Economics

    Agriculture and its External Linkages
    • 1 Edición
    • Volumen 2A
    • Bruce L. Gardner + 1 más
    • Inglés
    The subject matter of agricultural economics has both broadened and deepened and the chapters of this handbook present innovative work in the field. This volume contains sections on "agriculture, natural resources and the environment" and "agriculture in the macroeconomy". Volume 2B completes the handbook with a section on "agriculture and food policy". Although agricultural economists have always paid attention to these topics, research devoted to them has increased substantially in scope as well as depth in recent years.

  • Profile of the International Pump Industry - Market Prospects to 2007

    • 5 Edición
    • R. Reidy
    • Inglés
    This fifth edition of Profile of the International Pump Industry - Market Prospects to 2007 reviews the markets, technological trends, and major manufacturers of industrial pumps. Profile of the International Pump Industry covers both the international pump industry and its associated market, illustrating the structure of the industry, highlighting developments, identifying future trends, and looking at recent mergers and acquisitions. Market estimates and forecasts to 2007, by region and pump type, are presented along with an analysis of the main end-user markets for industrial pumps, and a technology overview. Forty leading international pump manufacturers are profiled and a Top 20 league table of pump manufacturers, ranked by sales of pumps, is given. A directory of pump manufacturing companies and an index of companies by product type are also included.

  • Real R & D Options

    • 1 Edición
    • Dean Paxson
    • Inglés
    Real R&D options are among the earliest modelled real options, with now ten primary practical uses: general R&D planning, planning R&D in stages, evaluating test information, new product development timing, operations, abandonment, risk sharing, market funding, industry strategy and regulation. This book was partly motivated by requests to identify and develop real option models for R&D in telecommunications, petroleum technology and biotechnology. Nine new models cover information and implementation costs, analytical solutions for mean reverting, or fat tailed revenues, endogenous learning and exogenous and experiential shocks, American sequential options, and innovator advantages. Four new applications include forward start development options, exploration options, innovation with information costs, and innovator's real values with changing market share. R&D directors and researchers will find several uses for these models: general R&D planning evaluating test information new product development timing risk sharing industry strategy and regulation

  • Silicon Germanium Materials and Devices - A Market and Technology Overview to 2006

    • 1 Edición
    • R. Szweda
    • Inglés
    The first edition of Silicon Germanium Materials & Devices - A Market & Technology Overview to 2006 examines the development of the silicon germanium business over a six-year period 2001 to 2006. It analyses the trends in markets, technologies and industry structure and profiles all the major players. It is specifically aimed at users and manufacturers of substrates, epiwafers, equipment and devices. The analysis includes a competitive assessment of the market of silicon germanium vs. gallium arsenide, indium phosphide vs. other forms of silicon. Silicon Germanium Materials & Devices - A Market & Technology Overview to 2006 is designed to assist with business plans, R&D and manufacturing strategies. It will be an indispensable aid for managers responsible for business development, technology assessment and market research. The report examines the rapid development of silicon germanium from an R&D curiosity to production status. An extensive treatment from materials through processes to devices and applications it encapsulates the entire silicon germanium business of today and assesses future directions. For a PDF version of the report please call Tina Enright on +44 (0) 1865 843008 for price details.

  • Japanese Financial Markets

    • 2 Edición
    • Junichi Ujiie
    • Inglés
    The first edition of Japanese Financial Markets established itself as a standard work on one of the most important financial centres in the world. Since then there have been substantial changes, most notably a serious financial crisis and major subsequent reforms of the financial system. Written by leading analysts from the prestigious Nomura Group, this authoritative second edition explains these changes and their consequences for the current structure and operation of the country's financial markets.The book is arranged in four main sections: Part one provides an overview of the recent performance of Japan's financial markets, the crisis in the 1990s, government reforms and the subsequent 'Big Bang' in the country's financial system. Part two looks at the range of participants in the market, from individual investors, public sector and corporate pension funds to investment trusts, government bond issues and the equity market. This section of the book also discusses cross-border money flows, monetary policy and the regulatory framework. Part three discusses the markets themselves, covering the money and bond markets, trading in equities and securities and the venture capital market. Part four considers current problems and likely future developments in the financial system.This major new edition of Japanese Financial Markets is essential reading for fund managers, institutional investors, financial analysts and all those concerned with one of the world's most important financial markets.

  • Handbook of Public Economics

    • 1 Edición
    • Volumen 4
    • A.J. Auerbach + 1 más
    • Inglés
    The publication of volumes 3 and 4 of the Handbook of Public Economics affords us several opportunities: to address lacunae in the original two volumes of this series, to revisit topics on which there has been substantial new research, and to address topics that have grown in importance. Indeed, many of the papers individually encompass all three of these elements. For each chapter relates to one from an earlier volume, the new contribution is free standing, written with the knowledge that the reader retains the opportunity to review the earlier chapter to compare perspectives and consider material that the current author has chosen not to cover. Indeed, such comparisons illuminate the evolution of the field during the two decades that have elapsed since work first began on the chapters in volume 1. Taken together, the four volumes offer a comprehensive review of research in public economics over the past few decades, written by many of the field's leading researchers.For more information on the Handbooks of Economics series, please see our homepage on http://www.elsevier....

  • Clearing, Settlement and Custody

    • 1 Edición
    • David Loader
    • Inglés
    'Clearing, Settlement and Custody' focuses on the clearing, settlement and custody functions by analyzing how they work and the interaction between the organizations involved. The author examines the roles of clearing houses, central counterparties, central securities depositories and the custodians, as well as, assessing the impact on the workflow and procedures in the operations function at banks, brokers and institutions. The changes that are taking place in the industry are explored and the impact for operations managers and supervisors assessed.Clearing, settlement and custody is at the heart of everything that happens in the financial markets. The evolution of clearing and settlement is one that is still happening and as such, it is impacting on the operations function through both new practices but also, increasingly, in terms of regulation, risk and reputation.In essence the efficient clearing and settlement operation is managing risk, not because it is a direct part of the process but more because it is a bi-product. The routine procedures relate to reconciliation and record keeping. If these are performed efficiently and accurately it will result in accurate records of activity and profit and loss.The settlement process is a key element in identifying and correcting errors made by dealers and traders. Failure to identify the error or act promptly will result in potentially serious financial loss, as well as worrying audit and the regulators.In addition to these concerns the financial service sector is also undergoing a massive rationalization of the structure of clearing and settlement and seeking the twin goals of automation and shortening settlement cycles. The challenge for operations managers is considerable: manage costs, eradicate inefficiencies, create an environment to be competitive, and implement the procedures to meet future changes that will occur. In this book the author looks at some of the different roles, the processes and procedures, and the key issues, in order to help those in operations meet the challenge.

  • Understanding the Markets

    • 1 Edición
    • David Loader
    • Inglés
    An analysis of the major securities, derivatives and money markets from an operations point of view, 'Understanding the Markets' takes the reader through the major features and characteristics of the markets and the products. The relationship between the trading and dealing functions and the operations functions is examined and the issues discussed.This book looks at the financial markets from the viewpoint of the person working in the operations functions that support the trading, dealing and investment processes, and as such is essential reading in order to fully understand the industry - an industry which has gone, and is still going through, much change.As the markets undergo change so too do the administration, clearing and settlement functions, as the clearing houses, securities depositories and custodians merge and diversify. This is going to impact on the operations teams that support the trading, sales and retail business. A failure to be aware of and to understand the impact of changes in the markets will create massive problems, greater risk and ultimately financial losses. And yet the sheer size and diversity of the global markets, together with the rapid pace of change and expansion, and the increasing volume of transactions needing to be processed, presents a massive challenge to operations teams and managers. Knowing how the markets work and what impacts on the operations team is crucial for managers and supervisors. In this book the author provides a full explanation of the markets and their impact in operations terms. So if you are about to embark on a career in operations 'Understanding the Markets' is essential reading. Alternatively, if you are planning a career as a dealer it will prove very useful in explaining the process that occurs after you have traded.

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