Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Securities. --- Security (Law) --- Security (Law). --- Securities --- Collateral security --- Secured transactions --- Commercial law --- Debtor and creditor --- Blue sky laws --- Capitalization (Finance) --- Investment securities --- Portfolio --- Scrip --- Securities law --- Underwriting --- Investments --- Investment banking --- Law and legislation

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Securities --- 341.8 --- 347.731 --- AA / International- internationaal --- U75 - Marchés financiers - Financiële markten --- Blue sky laws --- Capitalization (Finance) --- Investment securities --- Portfolio --- Scrip --- Securities law --- Underwriting --- Investments --- Investment banking --- Internationaal economisch recht --- Wetgeving op effectenbeurzen, de goederenbeurzen en de deviezenbeurzen. Raider --- Law and legislation

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book presents the mathematics that underpins pricing models for derivative securities, such as options, futures and swaps, in modern financial markets. The idealized continuous-time models built upon the famous Black-Scholes theory require sophisticated mathematical tools drawn from modern stochastic calculus. However, many of the underlying ideas can be explained more simply within a discrete-time framework. This is developed extensively in this substantially revised second edition to motivate the technically more demanding continuous-time theory, which includes a detailed analysis of the Black-Scholes model and its generalizations, American put options, term structure models and consumption-investment problems. The mathematics of martingales and stochastic calculus is developed where it is needed. The new edition adds substantial material from current areas of active research, notably: a new chapter on coherent risk measures, with applications to hedging a complete proof of the first fundamental theorem of asset pricing for general discrete market models the arbitrage interval for incomplete discrete-time markets characterization of complete discrete-time markets, using extended models risk and return and sensitivity analysis for the Black-Scholes model The treatment remains careful and detailed rather than comprehensive, with a clear focus on options. From here the reader can progress to the current research literature and the use of similar methods for more exotic financial instruments. The text should prove useful to graduates with a sound mathematical background, ideally a knowledge of elementary concepts from measure-theoretic probability, who wish to understand the mathematical models on which the bewildering multitude of current financial instruments used in derivative markets and credit institutions is based. The first edition has been used successfully in a wide range of Master's programs in mathematical finance and this new edition should prove even more popular in this expanding market. It should equally be useful to risk managers and practitioners looking to master the mathematical tools needed for modern pricing and hedging techniques. Robert J. Elliott is RBC Financial Group Professor of Finance at the Haskayne School of Business at the University of Calgary, having held positions in mathematics at the University of Alberta, Hull, Oxford, Warwick, and Northwestern. He is the author of over 300 research papers and several books, including Stochastic Calculus and Applications, Hidden Markov Models (with Lahkdar Aggoun and John Moore) and, with Lakhdar Aggoun, Measure Theory and Filtering: Theory and Applications. He is an Associate Editor of Mathematical Finance, Stochastics and Stochastics Reports, Stochastic Analysis and Applications and the Canadian Applied Mathematics Quarterly. P. Ekkehard Kopp is Professor of Mathematics, and a former Pro-Vice-Chancellor, at the University of Hull. He is the author of Martingales and Stochastic Integrals, Analysis and, with Marek Capinski, of Measure, Integral and Probability. He is a member of the Editorial Board of Springer Finance.

Investments --- Stochastic analysis. --- Options (Finance) --- Securities --- Mathematics. --- Mathematical models. --- Prices --- Stochastic analysis --- 305.91 --- AA / International- internationaal --- Analysis, Stochastic --- Mathematical analysis --- Stochastic processes --- Blue sky laws --- Capitalization (Finance) --- Investment securities --- Portfolio --- Scrip --- Securities law --- Underwriting --- Investment banking --- Mathematics of investment --- Business mathematics --- Mathematics --- Mathematical models --- Prices&delete& --- Econometrie van de financiële activa. Portfolio allocation en management. CAPM. Bubbles --- Law and legislation --- Money market. Capital market --- International finance --- Mathematical statistics

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Securities --- Capital market --- Valeurs mobilières --- Marché financier --- Congresses. --- Law and legislation --- Congresses --- Congrès --- Droit --- FR / France - Frankrijk --- 333.153 --- U60 - Titres et instruments financiers - Effecten en financiële instrumenten --- -Investments --- -Securities --- -332.60944 --- 346.090944 --- Ed4.ffra --- Investing --- Investment management --- Portfolio --- Finance --- Disinvestment --- Loans --- Saving and investment --- Speculation --- Blue sky laws --- Capitalization (Finance) --- Investment securities --- Scrip --- Securities law --- Underwriting --- Investments --- Investment banking --- Effectendepositokassen en girokassen. CIK. --- History --- European law - Finance. --- Valeurs mobilières --- Marché financier --- Congrès --- 332.60944 --- Capital markets --- Market, Capital --- Financial institutions --- Money market --- Crowding out (Economics) --- Efficient market theory --- Effectendepositokassen en girokassen. CIK

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This Selected Issues paper describes the revenue instability and its consequences for Suriname. It explores some options for policy rules that could be considered in the case of Suriname. The paper analyzes inflation in Suriname from its historical and international perspectives, reviews the monetary policy instruments and the institutional framework, and describes the exchange rate regime and its main developments. The paper also analyzes the type of macroeconomic shocks and the domestic transmission mechanism for Suriname.

Mineral industries --- Nonrenewable natural resources --- Monetary policy --- Foreign exchange rates --- Currency question --- Fiat money --- Free coinage --- Monetary question --- Scrip --- Currency crises --- Finance --- Finance, Public --- Legal tender --- Money --- Exchange rates --- Fixed exchange rates --- Flexible exchange rates --- Floating exchange rates --- Fluctuating exchange rates --- Foreign exchange --- Rates of exchange --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Non-renewable natural resources --- Exhaustible resources --- Natural resources, Nonrenewable --- Natural resources --- Extractive industries --- Extractive industry --- Metal industries --- Mines and mining --- Mining --- Mining industry --- Mining industry and finance --- Industries --- Economic aspects --- Rates --- Banks and Banking --- Investments: Commodities --- Foreign Exchange --- Money and Monetary Policy --- Natural Resource Extraction --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Agriculture: General --- Industry Studies: Primary Products and Construction: General --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Investment & securities --- Banking --- Monetary economics --- Currency --- Agricultural commodities --- Mining sector --- Bank deposits --- Gold --- Real exchange rates --- Commodities --- Economic sectors --- Financial services --- Dollarization --- Banks and banking --- Farm produce --- Suriname