In this provocative look at one of the most important events of our time, renowned scholar Arjun Appadurai argues that the economic collapse of 2008—while indeed spurred on by greed, ignorance, weak r
In this provocative look at one of the most important events of our time, renowned scholar Arjun Appadurai argues that the economic collapse of 2008—while indeed spurred on by greed, ignorance, weak r
Where institutions and individuals averagely invest the majority of their assets in money-market and fixed-income instruments, interest rate risk management could be seen as the single most important
Small companies come with big risk, but potentially life-changing rewardSmall Stocks, Big Money provides first-hand perspective and insider information on the fast world of microcap investing
The updated edition of the bestselling, essential guide to real estate financial calculationsEvery real estate investor needs to know how to calculate cash flow, long-term gain, net operating income,
A New York Times bestseller: “[Red Notice] does for investing in Russia and the former Soviet Union whatLiar’s Poker did for our understanding of Salomon Brothers, Wall Street, and the mortgage-backed
This book features an introductory approach to teaching and learning complex valuation techniques and emphasizes practical applications to ensure student engagement. Successfully classroom tested, rea
The design of trading algorithms requires sophisticated mathematical models backed up by reliable data. In this textbook, the authors develop models for algorithmic trading in contexts such as executing large orders, market making, targeting VWAP and other schedules, trading pairs or collection of assets, and executing in dark pools. These models are grounded on how the exchanges work, whether the algorithm is trading with better informed traders (adverse selection), and the type of information available to market participants at both ultra-high and low frequency. Algorithmic and High-Frequency Trading is the first book that combines sophisticated mathematical modelling, empirical facts and financial economics, taking the reader from basic ideas to cutting-edge research and practice. If you need to understand how modern electronic markets operate, what information provides a trading edge, and how other market participants may affect the profitability of the algorithms, then this is the
How short sellers profit from disasters that afflict individuals, markets, and nationsShort Sellers serves up tales from the dark side of the world marketplace to reveal how traders profit from the fa
A new, more accurate take on the classical approach to volatility evaluationInside Volatility Filtering presents a new approach to volatility estimation, using financial econometrics based on a more a
During the past few decades, private equity (PE) has attracted considerable attention from investors, practitioners, and academicians. In fact, a substantial literature on PE has emerged. PE offers be
This latest addition to the Financial Engineering Explained series focusses on the new standards for derivatives valuation, namely, pricing and risk management taking into account counterparty risk, a
Securitization regulation remains, in the eyes of investors, banks, bureaucrats and politicians, one of the remaining unsolved puzzles of the post-Global Financial Crisis financial landscape.This book
There is a prevailing view among researchers and practitioners that abnormal risk-adjusted returns are an anomaly of financial market inefficiency. This outlook is misleading, since such returns only
Forward-thinking investors are constantly looking for the next BRIC-what foreign market is on the brink of expansive growth? Will these investments payoff, or are the potential risks too great? Invest
By focusing on the wider process of negotiations, this novel volume presents the first systematic analysis of the Transatlantic Trade and Investment Partnership (TTIP). The authors include outstanding
The liberalization of the Indian economy and consequent strengthening of the relationship between the Indian financial system and the rest of the world has made India more vulnerable to macro issues.
Real Estate Investment: A Strategic Approach provides an introduction to the theory and practice of real estate investing and to the international real estate investment industry as it adapts to boom
