عنوان

Dynamics of markets :

051160369X

0511651708

0511805446

0521429625

9780511603693

9780511651700

9780511805448

9780521429627

b719058

Dynamics of markets :

[Book]

the new financial economics /

Joseph L. McCauley.

2nd ed.

New York :

Cambridge University Press,

2009.

1 online resource (xv, 270 pages) :

illustrations

Includes bibliographical references (pages 261-267) and index.

Econophysics : why and what -- Neo-classical economic theory -- Probability and stochastic processes -- Introduction to financial economics -- Introduction to portfolio selection theory -- Scaling, pair correlations, and conditional densities -- Statistical ensembles : deducing dynamics from time series -- Martingale option pricing -- FX market globalization : evolution of the dollar to worldwide reserve currency -- Macroeconomics and econometrics : regression models vs empirically based modeling -- Complexity.

0

This second edition presents the advances made in finance market analysis since 2005. The book provides a careful introduction to stochastic methods along with approximate ensembles for a single, historic time series. The new edition explains the history leading up to the biggest economic disaster of the 21st century. Empirical evidence for finance market instability under deregulation is given, together with a history of the explosion of the US Dollar worldwide. A model shows how bounds set by a central bank stabilized FX in the gold standard era, illustrating the effect of regulations. The book presents economic and finance theory thoroughly and critically, including rational expectations, cointegration and arch/garch methods, and replaces several of those misconceptions by empirically based ideas. This book will be of interest to finance theorists, traders, economists, physicists and engineers, and leads the reader to the frontier of research in time series analysis.

MIL

239366

Dynamics of markets.

9780521429627

Business mathematics.

Finance-- Mathematical models.

Finance-- Statistical methods.

Markets-- Mathematical models.

Statistical physics.

BUSINESS & ECONOMICS-- Finance.

Business mathematics.

Finance-- Mathematical models.

Finance-- Statistical methods.

Markets-- Mathematical models.

Statistical physics.

BUS-- 027000

McCauley, Joseph L.

20201208110624.0

pn

[Book]

Y