The Early History Of Financial Economics 1478 1776

The Early History Of Financial Economics 1478 1776 Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of The Early History Of Financial Economics 1478 1776 book. This book definitely worth reading, it is an incredibly well-written.

The Early History of Financial Economics, 1478-1776

Author : Geoffrey Poitras
Publisher : Edward Elgar Publishing
Page : 552 pages
File Size : 51,9 Mb
Release : 2000
Category : Business & Economics
ISBN : STANFORD:36105028657778

Get Book

The Early History of Financial Economics, 1478-1776 by Geoffrey Poitras Pdf

Poitras (finance, Simon Fraser University) provides an account of the early development of financial economics and presents a foundation for the study of modern financial economics. The book chronicles the development of early financial economics, from the appearance of the first printed commercial arithmetic in 1478 to the publication of The Wealth of Nations in 1776. The origins of the subject are traced back to the commercial arithmetic of the Renaissance reckoning schools. The contributions of de Moivre, Halley, and Stevin are also discussed. Annotation copyrighted by Book News Inc., Portland, OR

Forerunners of Modern Financial Economics

Author : Donald Stabile
Publisher : Edward Elgar Publishing
Page : 200 pages
File Size : 47,7 Mb
Release : 2005-01-01
Category : Business & Economics
ISBN : 1781951179

Get Book

Forerunners of Modern Financial Economics by Donald Stabile Pdf

The economists who began using statistics to analyze financial markets in the 1950s have been credited with revolutionizing the scholarship of investing and with inaugurating modern financial economics. By examining the work of economists who used statistics to analyze financial markets before 1950, Donald Stabile provides evidence about the forerunners of modern financial economics. In studying these predecessors, this innovative book reveals that, starting around 1900, there were economists in the United States who believed that changes in stock prices could be treated as a random variable to be analyzed with statistical methods, and who used early versions of the efficient markets theory to justify their belief. Although they did not call themselves Bayesians, the author explores how they adhered to a philosophy consistent with Bayesian statistics. A concluding epilogue considers the linkages between the forerunners of modern finance, its innovators and modern successors. An original work in the history of economic thought, Forerunners of Modern Financial Economics will be of great interest to both economists and historians interested in the development of statistical finance and economic thought, as well as to statisticians, financial analysts, and advanced undergraduate and graduate students studying financial economics.

Ethics in Quantitative Finance

Author : Timothy Johnson
Publisher : Springer
Page : 339 pages
File Size : 43,6 Mb
Release : 2017-10-28
Category : Business & Economics
ISBN : 9783319610399

Get Book

Ethics in Quantitative Finance by Timothy Johnson Pdf

This book presents an ethical theory for financial transactions that underpins the stability of modern economies. It combines elements from history, ethics, economics and mathematics to show how these combined can be used to develop a pragmatic theory of financial markets. Written in three sections; section one examines the co-evolution of finance and mathematics in an ethical context by focusing on three periods: pre-Socratic Greece, Western Europe in the thirteenth century and North-western Europe in the seventeenth century to demonstrate how the historical development of markets and finance were critical in the development of European ideas of science and democracy. Section two interprets the evidence presented in section one to provide examples of the norms reciprocity, sincerity and charity and introduce the pragmatic theory. Section three uses the pragmatic theory to interpret recent financial crises, address emergent phenomena and relate the theory to alternative contemporary theories of markets. Presenting a unique synthesis of mathematical and behavioural approaches to finance this book provides explicit ethical guidance that will be of interest to academics and practitioners alike.

Security Analysis and Investment Strategy

Author : Geoffrey Poitras
Publisher : Wiley-Blackwell
Page : 680 pages
File Size : 43,9 Mb
Release : 2004-12-17
Category : Business & Economics
ISBN : 1405112484

Get Book

Security Analysis and Investment Strategy by Geoffrey Poitras Pdf

This innovative text presents the theoretical foundations of security analysis and investment strategy, and explores the practical applications of these theories. After establishing an historical foundation, the book examines fixed income securities, equity analysis and investment strategy. Assesses a range of approaches to investment analysis and strategy Develops an advanced treatment of the subject throughout, while remaining focused on the practical concerns of security analysts Features end-of-chapter questions, case studies and references Integrates history, theory, technique, and application This text is an indispensable resource for any serious student of finance. Online material to accompany this book can be found at www.blackwellpublishing.com/poitras

The Origins of Value

Author : William N. Goetzmann,K. Geert Rouwenhorst
Publisher : Oxford University Press, USA
Page : 418 pages
File Size : 45,6 Mb
Release : 2005
Category : Business & Economics
ISBN : 9780195175714

Get Book

The Origins of Value by William N. Goetzmann,K. Geert Rouwenhorst Pdf

The analysis of original documents is a means for economists to focus on the primary text, to analyze and interpret the object and to move to interpretation and understanding of its relationship to modern financial instruments and markets. The result is a collection of interdisciplinary studies of the key innovations in finance from the Old Babylonian loan tablets, to the 1953 London Debt Agreement that span regions in Asia, Africa, North America and Europe.

A Brief History of Economic Thought

Author : Alessandro Roncaglia
Publisher : Cambridge University Press
Page : 321 pages
File Size : 48,6 Mb
Release : 2017-09-14
Category : Business & Economics
ISBN : 9781107175334

Get Book

A Brief History of Economic Thought by Alessandro Roncaglia Pdf

A clear and concise history of economic thought, developed from the author's award-winning book, The Wealth of Ideas.

Valuation Of Equity Securities: History, Theory And Application

Author : Poitras Geoffrey
Publisher : World Scientific Publishing Company
Page : 764 pages
File Size : 53,5 Mb
Release : 2010-12-21
Category : Business & Economics
ISBN : 9789813107816

Get Book

Valuation Of Equity Securities: History, Theory And Application by Poitras Geoffrey Pdf

This book provides a comprehensive and rigorous treatment of academic and practitioner approaches to equity security valuation. Guided by historical and philosophical insights, conventional academic wisdom surrounding the ergodic properties of stochastic processes is challenged. In addition, the implications of a general stochastic interpretation of equity security valuation are provided. Valuation of Equity Securities will also be a good reference source for students and professionals interested in the theoretical and practical applications of equity securities.

Equity Capital

Author : Geoffrey Poitras
Publisher : Routledge
Page : 550 pages
File Size : 42,9 Mb
Release : 2016-04-20
Category : Business & Economics
ISBN : 9781317591030

Get Book

Equity Capital by Geoffrey Poitras Pdf

Capitalism is historically pervasive. Despite attempts through the centuries to suppress or control the private ownership of commercial assets, production and trade for profit has survived and, ultimately, flourished. Against this backdrop, accounting provides a fundamental insight: the ‘value’ of physical and intangible capital assets that are used in production is identically equal to the sum of the debt liabilities and equity capital that are used to finance those assets. In modern times, this appears as the balance sheet relationship. In determining the ‘value’ of items on the balance sheet, equity capital appears as a residual calculated as the difference between the ‘value’ of assets and liabilities. Through the centuries, the organization of capitalist activities has changed considerably, dramatically impacting the methods used to value, trade and organize equity capital. To reflect these changes, this book is divided into four parts that roughly correspond to major historical changes in equity capital organization. The first part of this book examines the rudimentary commercial ventures that characterized trading for profit from ancient times until the contributions of the medieval scholastics that affirmed the moral value of equity capital. The second part deals with the evolution of equity capital organization used in seaborne trade of the medieval and Renaissance Italian city states and in the early colonization ventures of western European powers and ends with the emergence in the market for tradeable equity capital shares during the 17th century. The third part begins with the 1719-1720 Mississippi scheme and South Sea bubbles in northern Europe and continues to cover the transition from joint stock companies to limited liability corporations with autonomous shares in England, America and France during the 19th century. This part ends with a fundamental transition in the social conception of equity capital from a concern with equity capital organization to the problem of determining value. The final part is concerned with the evolving valuation and management of equity capital from the 1920s to the present. This period includes the improvement corporate accounting for publicly traded shares engendered by the Great Depression that has facilitated the use of ‘value investing’ techniques and the conflicting emergence of portfolio management methods of modern Finance. Equity Capital is aimed at providing material relevant for academic presentations of equity valuation history and methods, and is targeted at researchers, academics, students and professionals alike.

Vinzenz Bronzin's Option Pricing Models

Author : Wolfgang Hafner,Heinz Zimmermann
Publisher : Springer Science & Business Media
Page : 553 pages
File Size : 47,8 Mb
Release : 2009-11-18
Category : Business & Economics
ISBN : 9783540857112

Get Book

Vinzenz Bronzin's Option Pricing Models by Wolfgang Hafner,Heinz Zimmermann Pdf

In 1908, Vinzenz Bronzin, a professor of mathematics at the Accademia di Commercio e Nautica in Trieste, published a booklet in German entitled Theorie der Prämiengeschäfte (Theory of Premium Contracts) which is an old type of option contract. Almost like Bachelier’s now famous dissertation (1900), the work seems to have been forgotten shortly after it was published. However, almost every element of modern option pricing can be found in Bronzin’s book. He derives option prices for an illustrative set of distributions, including the Normal. - This volume includes a reprint of the original German text, a translation, as well as an appreciation of Bronzin's work from various perspectives (economics, history of finance, sociology, economic history) including some details about the professional life and circumstances of the author. The book brings Bronzin's early work to light again and adds an almost forgotten piece of research to the theory of option pricing.

Risky Business

Author : Liran Einav,Amy Finkelstein,Ray Fisman
Publisher : Yale University Press
Page : 282 pages
File Size : 40,5 Mb
Release : 2023-01-31
Category : Business & Economics
ISBN : 9780300268553

Get Book

Risky Business by Liran Einav,Amy Finkelstein,Ray Fisman Pdf

An engaging and accessible examination of what ails insurance markets—and what to do about it—by three leading economists Why is dental insurance so crummy? Why is pet insurance so expensive? Why does your auto insurer ask for your credit score? The answer to these questions lies in understanding how insurance works. Unlike the market for other goods and services—for instance, a grocer who doesn’t care who buys the store’s broccoli or carrots—insurance providers are more careful in choosing their customers, because some are more expensive than others. Unraveling the mysteries of insurance markets, Liran Einav, Amy Finkelstein, and Ray Fisman explore such issues as why insurers want to know so much about us and whether we should let them obtain this information; why insurance entrepreneurs often fail (and some tricks that may help them succeed); and whether we’d be better off with government-mandated health insurance instead of letting businesses, customers, and markets decide who gets coverage and at what price. With insurance at the center of divisive debates about privacy, equity, and the appropriate role of government, this book offers clear explanations for some of the critical business and policy issues you’ve often wondered about, as well as for others you haven’t yet considered.

Orsanmichele

Author : Marie D’Aguanno Ito
Publisher : BRILL
Page : 776 pages
File Size : 54,8 Mb
Release : 2023-10-09
Category : History
ISBN : 9789004515666

Get Book

Orsanmichele by Marie D’Aguanno Ito Pdf

This work provides a new narrative for Orsanmichele in the era before the Renaissance. It examines Orsanmichele from the mid-thirteenth century, as the piazza transformed into the city’s grain market. It considers the market’s tandem confraternity, with its stunning Madonnas over three successive loggias. It examines the grain market and confraternity from a social, economic, political, and artistic perspective. It provides extensive data on the Florentine grain trade, sales at the market, and the nexus between traders, political leaders, and the confraternity. The work suggests that developments at Orsanmichele during the medieval period formed the basis for the Renaissance structure.

International Business Finance

Author : Michael Connolly
Publisher : Routledge
Page : 233 pages
File Size : 42,8 Mb
Release : 2006-11-28
Category : Business & Economics
ISBN : 9781135991784

Get Book

International Business Finance by Michael Connolly Pdf

This textbook introduces students to the fundamental workings of business and finance in the global economy. It brings clarity and focus to the complexities of the field and demonstrates the key linkages between the foreign exchange markets and world money markets. Core topics examined include: corporate aspects of international finance, with special attention given to contractual and operational hedging techniques the mechanics of the foreign exchange markets the building blocks of international finance the optimal portfolio in an international setting. Michael Connolly also provides up-to-date statistics from across the globe, relevant international case studies, problem sets and solutions and links to an online PowerPoint presentation. International Business Finance is an engaging and stimulating text for students in undergraduate and MBA courses in international finance and a key resource for lecturers.

Trade and Nation

Author : Emily Erikson
Publisher : Columbia University Press
Page : 280 pages
File Size : 40,8 Mb
Release : 2021-06-29
Category : Business & Economics
ISBN : 9780231545440

Get Book

Trade and Nation by Emily Erikson Pdf

In the seventeenth century, English economic theorists lost interest in the moral status of exchange and became increasingly concerned with the roots of national prosperity. This shift marked the origins of classical political economy and provided the foundation for the contemporary discipline of economics. The seventeenth-century revolution in economic thought fundamentally reshaped the way economic processes have been interpreted and understood. In Trade and Nation, Emily Erikson brings together historical, comparative, and computational methods to explain the institutional forces that brought about this transformation. Erikson pinpoints how the rise of the company form in confluence with the political marginalization of English merchants created an opening for public argumentation over economic matters. Independent merchants, who were excluded from state institutions and vast areas of trade, confronted the power and influence of crown-endorsed chartered companies. Their distance from the halls of government drove them to take their case to the public sphere. The number of merchant-authored economic texts rose as members of this class sought to show that their preferred policies would contribute to the benefit of the state and commonwealth. In doing so, they created and disseminated a new moral framework of growth, prosperity, and wealth for evaluating economic behavior. By using computational methods to document these processes, Trade and Nation provides both compelling evidence and a prototype for how methodological innovations can help to provide new insights into large-scale social processes.

The Day the King Defaulted

Author : Moshe Arye Milevsky
Publisher : Springer
Page : 230 pages
File Size : 52,6 Mb
Release : 2017-09-13
Category : Business & Economics
ISBN : 9783319599878

Get Book

The Day the King Defaulted by Moshe Arye Milevsky Pdf

This book studies King Charles II's decision to stop all payments from his royal exchequer, a sordid but little-known event in English history with eerie similarities to the cause of the Great Recession of 2008. As with any modern banking crisis, the financial system in 1672 almost collapsed, day-to-day commerce ground to a halt, houses were lost, and ordinary investors suffered—but there was no banking bailout, and no mercy for the goldsmith-bankers who had lent the king millions to fund his unsustainable lifestyle. The royal decision, made in the wake of plagues, fires, and war with the Dutch, left bankers unable to cover their own liabilities and, in the days before bankruptcy, they couldn’t walk away from their obligations and start fresh. Many bankers spent the end of their lives in debtors' prison, but English commoners had little sympathy for the plight of rich financiers—a sentiment echoed after the financial crisis of 2008. Ultimately, this book tells the complete story of the Merry Monarch's financial default (England's first and last) using the lens and language of modern financial products and markets. It covers the precarious history leading up to the infamous day in 1672, the intrigue surrounding the ‘stop’—including those who traded on inside information beforehand—and the attempt by distressed creditors to gain financial restitution.

The Oxford Encyclopedia of Economic History

Author : Joel Mokyr
Publisher : Oxford University Press
Page : 2812 pages
File Size : 55,6 Mb
Release : 2003-10-16
Category : Business & Economics
ISBN : 9780190282998

Get Book

The Oxford Encyclopedia of Economic History by Joel Mokyr Pdf

What were the economic roots of modern industrialism? Were labor unions ever effective in raising workers' living standards? Did high levels of taxation in the past normally lead to economic decline? These and similar questions profoundly inform a wide range of intertwined social issues whose complexity, scope, and depth become fully evident in the Encyclopedia. Due to the interdisciplinary nature of the field, the Encyclopedia is divided not only by chronological and geographic boundaries, but also by related subfields such as agricultural history, demographic history, business history, and the histories of technology, migration, and transportation. The articles, all written and signed by international contributors, include scholars from Europe, Latin America, Africa, and Asia. Covering economic history in all areas of the world and segments of ecnomies from prehistoric times to the present, The Oxford Encyclopedia of Economic History is the ideal resource for students, economists, and general readers, offering a unique glimpse into this integral part of world history.