History of Crises Under the National Banking System
Reviewing the Latest Trends in Management Literature
Literature reviews play a crucial role in advancing scholarly understanding by organizing, synthesizing, and critiquing the vast body of existing knowledge. They provide researchers and practitioners with comprehensive insights into current developments, highlight gaps in the research, and suggest pathways for future exploration. As the landscape of business and management continues to evolve rapidly, literature reviews become invaluable in helping to navigate these changes by offering a clear view of where the field stands and where it is heading. Both Volume 4A and B of Review of Management Literature focus on reviewing the latest trends in management literature, offering an in-depth exploration of contemporary topics shaping management thought and practice, particularly in three core areas: human resource management, sustainability, and technology. The contributions included in the volume serve as a valuable reference, advancing both theory and practice in management.
Risk Analysis in Finance and Insurance
Risk Analysis in Finance and Insurance, Third Edition presents an accessible yet comprehensive introduction to the main concepts and methods that transform risk management into a quantitative science. Considering the interdisciplinary nature of risk analysis, the author discusses many important ideas from stochastic analysis, mathematical finance and actuarial science in a simplified manner. He explores the interconnections among these disciplines and encourages readers toward further study of the subject. This edition continues to study risks associated with financial and insurance contracts, using an approach that estimates the value of future payments based on current financial, insurance, and other information.Features of the third edition- 12 chapters instead of 8 of the 2nd edition. Two new chapters on Wiener process as a base for financial market modeling. Option pricing in the Bachelier model, the model of Black and Scholes, the Gram-Charlier model. American options and their pricing in the Black-Scholes model- Several new notions, topics and results that are not reflected yet in other textbooks, and even in monographs (Binomial model with constraints, detailed exposition of quantile hedging technique, Conditional Value at Risk, Range of Value at Risk, applications to equity-linked life insurance)- Can be regarded as a self-contained issue of courses on Mathematical Finance, Actuarial Science and Risk Management- Replete with new exercises, problems, hints and solutions
Exercises and Solutions in Finance
This book contains hundreds of engaging, class-tested finance exercises (and detailed solutions) that test student understanding of the material. Many are educational in their own right--for example, delaying social security benefits does not give a safe 8% real return; the correlation between bond and stock returns is not stable, and most measures of company performance regress toward the mean.