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book presents a fresh vision for hedging risk and securing our economic future. Shiller describes six fundamental ideas for … global markets for trading risks and exploiting myriad new financial opportunities, from inequality insurance to …
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Part I: Econometrics of Financial Markets -- Information Asymmetry, Liquidity and the Dynamic Volume-Return Relation in Panel Data Analysis -- Density forecasts of emerging markets’ exchange rates using Monte Carlo simulation with regime switching -- Determination of the own funds requirements...
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Chapter 1: Why Finance Matters for Economics: The Story of Financing the Railroad -- Chapter 2: The Story of the Original Boom and Bust in Western Finance: The Mississippi Bubble -- Chapter 3: Price Determination in a Multi Sector Global Economy -- Chapter 4: Credit Allocation and the Role of...
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Effective decision making requires understanding of the underlying principles of financial markets and economics. Intellectually, economics and financial markets are genetically intertwined although when it comes to popular commentary they are treated separately. In fact, academic economic...
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