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  • 8/10/2019 2017 Finance and Economics Catalog

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    FINANCE &ECONOMICS CATALOG

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    OurLegacy Collectionon ScienceDirect, in 20 subject areas, ensures that valuable

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    This compact work provides a source of accessible but unobtrusively rigorous

    econometrics content suitable for graduate courses or first semester PhD students, with

    worked examples from real-world finance and economics models that help to motivate

    students and enrich understanding

    KEY FEATURES

    A compact guide that synthesizes three substantial areas of research, ensuring time

    investment is not great in a subject often challenging to newcomers

    Focused and modern coverage providing good relevant examples from economics and finance

    aiding student motivation and understanding

    Contains some modern frontier material like bootstrap and lasso methods not treated

    elsewhere in similar-level books

    Collects the necessary material for first semester Economics PhD students into a single text

    DESCRIPTION

    Probability, Statistics and Econometricsprovides a concise yet rigorous treatment of the field

    suitable for graduate students studying econometrics, very advanced undergraduate students, and

    researchers seeking to extend their knowledge of the trinity of fields underpinning any use of

    quantitative data in economic decision-making. It covers much of the groundwork for probability

    and inference before proceeding to core topics in econometrics. Authored by one of the leading

    econometricians in the field, it is a unique and valuable addition to the current repertoire of

    econometrics textbooks and reference books.

    Probability, Statistics and EconometricsOliver LintonProfessor of Political Economy, Trinity College, Cambridge University, UK

    ISBN:978-0-12-810495-8

    PUB DATE:June 2017

    FORMAT: Paperback

    PAGES: c. 300

    TRIM: 6w x 9h

    AUDIENCE

    Very advanced undergraduate

    and [particularly] graduate

    students of econometrics,

    probability and statistics. First

    semester PhD students. Teachers

    and researchers in economics and

    finance

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative2

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    Surveys a broad range of data management in financial services while describing a set of

    methods and principles for addressing challenges

    KEY FEATURES

    Focuses on ways information management can fuel financial institutions processes, including

    regulatory reporting, trade lifecycle management, and customer interaction

    Covers recent regulatory and technological developments and their implications for optimal

    financial information management

    Views data management from a supply chain perspective and discusses challenges and

    opportunities, including big data technologies and regulatory scrutiny

    DESCRIPTION

    A Primer in Financial Data Managementdescribes concepts and methods, considering financial

    data management, not as a technological challenge, but as a key asset that underpins effective

    business management.

    This broad survey of data management in financial services discusses the data and process needs

    from the business user, client and regulatory perspectives. Its non-technical descriptions and

    insights can be used by readers with diverse interests across the financial services industry.

    The need has never been greater for skills, systems, and methodologies to manage information in

    financial markets. The volume of data, the diversity of sources, and the power of the tools to

    process it massively increased. Demands from business, customers, and regulators on

    transparency, safety, and above all, timely availability of high quality information for decision-

    making and reporting have grown in tandem, making this book a must read for those working in, or

    interested in, financial management.

    A Primer in Financial Data ManagementMartijn GrootProduct Marketing Director, Asset Control, Amsterdam, The Netherlands

    ISBN:978-0-12-809776-2

    PUB DATE:May 2017

    FORMAT: Paperback

    PAGES: c. 260

    TRIM: 6w x 9h

    AUDIENCE

    Economics, finance, and business

    management graduate students

    and professionals worldwide who

    need to know about financial data

    management

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 3

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    Explores the principles and practices at the core of the regulatory and rate-setting

    processes

    KEY FEATURES

    Presents a unified treatment of the regulatory principles and practices used to assess the

    required return on capital

    Addresses current practices before exploring the ways methods play out in practice, including

    irregularities, shortcomings, and concerns for the future

    Focuses on developed economies instead of providing a comprehensive global reviews

    DESCRIPTION

    Risk and Return for Regulated Industriesprovides a much-needed, comprehensive review of how

    cost of capital risk arises and can be measured, how the special risks regulated industries face

    affect fair return, and the challenges that regulated industries are likely to face in the future.

    Rather than following the trend of broad industry introductions or textbook style reviews of utility

    finance, it covers the topics of most interest to regulators, regulated companies, regulatory

    lawyers, and rate-of-return analysts in all countries. Accordingly, the book also includes case

    studies about various countries and discussions of the lessons international regulatory procedures

    can offer.

    Risk and Return for Regulated IndustriesDan HarrisPrincipal, The Brattle Group, RomeLawrence KolbePrincipal Emeritus, The Brattle Group, CambridgeMichael J. VilbertPrincipal, The Brattle Group, San FranciscoBente VilladsenPrincipal, The Brattle Group, Cambridge

    ISBN:978-0-12-812587-8

    PUB DATE:May 2017

    FORMAT: Paperback

    PAGES: c. 240

    TRIM: 6w x 9h

    AUDIENCE

    Academics and professionals

    working on the financial and

    governance aspects of regulated

    industries worldwide

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative4

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    Through practical applications of stress testing, this informative book covers risk

    integration and the influence of shocks on both assets and liabilities

    "Stress Testing and Risk Integration in Banksis a book that both finance academics and risk

    management experts have long sought. It bridges a substantial gap between risk theory and

    banking practice by paving the way for sound quantitative approaches in the area." --Niklas F

    Wagner, University of Passau

    "This book is highly practical and rigorous in its clear and refreshing coverage of current risk issues

    faced by global banks. Combining Matlab/R code, relevant exercises and business cases, it is

    comprehensive in scope and operationally highly relevant." --Gary van Vuuren, Aviva Investors,

    London and North West University, South Africa

    "Stress Testing and Risk Integration in Banksreveals the important connections between risk

    management and stress testing in the banking industry. These days, in which the industry is in the

    verge of its deepest change in decades, this book provides a much-needed framework to apply

    stress testing in practical terms." --Juan Ignacio Pea, Universidad Carlos III

    KEY FEATURES

    Provides a rigorous statistical framework for modeling stress test in line with U.S. Federal

    Reserve FRB CCAR (Comprehensive Capital Analysis Review), U.K. PRA (Prudential Regulatory

    Authority), EBA (European Baning Authorithy) and comply with Basel Accord requirements

    Follows an integrated bottom-up approach central in the most advanced risk modellingpractice

    Provides numerous sample codes in Matlab and R

    DESCRIPTION

    Stress Testing and Risk Integration in Banksprovides a comprehensive view of the risk

    management activity by means of the stress testing process. An introduction to multivariate time

    series modeling paves the way to scenario analysis in order to assess a bank resilience against

    adverse macroeconomic conditions. Assets and liabilities are jointly studied to highlight the key

    issues that a risk manager needs to face. A multi-national bank prototype is used all over the book

    for diving into market, credit, and operational stress testing.

    Interest rate, liquidity and other major risks are also studied together with the former to outline

    how to implement a fully integrated risk management toolkit. Examples, business cases, and

    exercises worked in Matlab and R facilitate readers to develop their own models and

    methodologies.

    Stress Testing and Risk Integration in BanksA Statistical Framework and Practical Software Guide (in

    Matlab and R)Tiziano BelliniEY Financial Advisory Services, London, UK

    ISBN:978-0-12-803590-0

    PUB DATE:November 2016

    FORMAT: Hardback

    PAGES: c. 296

    TRIM: 6w x 9h

    AUDIENCE

    Graduate students and

    professionals worldwide, students

    specializing in banking, and bank

    regulation professionals

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 5

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    This Ph.D. level textbook provides a deep mathematical treatment of foundational

    material in microeconomic theory; covering producer choice, consumer choice, and

    partial equilibrium among producers and consumers.

    KEY FEATURES

    Includes comprehensive, focused and unified coverage of the mathematics required for the

    core theories of producer and consumer choice, and partial equilibrium

    Presents a generalized envelope theorem as a key source of refutable hypotheses

    Delineates the role of active versus inactive constraints in generating refutable hypotheses

    Discusses convex functions in economic optimization environments

    Presents the full formal details of core producer and consumer and producer theory in a

    unified and systematic manner

    Emphasizes the refutable hypotheses resulting from behavioral postulates and the

    completeness (duality) of those hypotheses for the postulated behavior within

    microeconomics Includes end-of-chapter exercises, full index, and an instructors solutions manual

    Includes a concordance that matches its chapters with those of major textbooks

    DESCRIPTION

    Producers, Consumers, and Partial Equilibriumprovides a systematic and accessible presentation of

    the full formal details in the core theories of producer and consumer choice under conditions of

    price taking; and covers the standard theories of competitive, monopoly, and oligopoly partial

    equilibrium among these economic actors. The book pulls together foundational content from

    many classic sources and organizes it in a self-contained format that rigidly adheres to optimization

    as the central behavioral postulate and analytical tool for economic theory.

    The book maintains a sharp focus on the properties of outcomes from optimizing behavior in

    varying environments. These properties are the refutable hypotheses from each optimization

    behavioral postulate, and they form the core content of this positive economic theory. In so doing,

    the book presents and documents the underlying formal structure of the theory with a higher

    degree of integration and completeness than is typical of Ph.D. textbooks in microeconomics.

    Producers, Consumers, and Partial EquilibriumDavid MandyUniversity of Missouri, Columbia, MO, USA

    ISBN:978-0-12-811023-2

    PUB DATE:November 2016

    FORMAT: Paperback

    PAGES: c. 410

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates,

    graduate students, and faculty

    working in microeconomics who

    want the full formal mathematics

    supporting core theories of

    consumer and producer choice.

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative6

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    Distinguishes financial management from generic strategic management approaches in

    the ever-evolving business environment through the use of non-traditional case studies

    "Dr. Kumars book provides modern case studies offering a holistic view of firms responsible for

    wealth creation. The augmentation of Excel-based worksheets and datasets allows students to

    perform appropriate financial analysis and valuation." --Michael J. Seiler, The College of

    William and Mary

    KEY FEATURES

    Introduces a conceptual framework for integrating strategy and finance for value creation

    Emphasizes the roles of corporate governance, corporate social responsibility, and risk

    management in value creation

    Encourages an analysis of investment, financing, and dividend decisions

    Examines non-financial factors that contribute to value

    DESCRIPTION

    Strategic Financial Management Casebookstrategically uses integrative case studiescases that

    do not emphasize specific subjects such as capital budgeting or value based managementto

    provide a framework for understanding strategic financial management. By featuring holistic

    presentations, the book puts readers into the shoes of those responsible for the worlds largest

    wealth creators. It covers strategies of growth, mergers and acquisitions, financial performance

    analysis over the past decade, wealth created in terms of stock returns since its listing in stock

    market, investment and financial decisions, cost of capital, and corporate valuation.

    In addition, the casebook also discusses corporate restructuring activities undertaken by each

    company. Each chapter follows a template to facilitate learning, and each features an Excel-based

    case analysis worksheet that includes a complete data set for financial analysis and valuation.

    Strategic Financial Management CasebookRajesh KumarInstitute of Management Technology FZ-LLZ, Dubai, UAE

    ISBN:978-0-12-805475-8

    PUB DATE:October 2016

    FORMAT: Paperback

    PAGES: c. 582

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates,

    graduate students, and

    professionals working in

    corporate finance, international

    financial management, financial

    economics, industrial

    organization, business

    administration, and business

    economics

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 7

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    Guides students and professionals through economic methods for evaluating

    pharmacist-provided patient care that goes beyond traditional models

    "This book provides much needed knowledge in current pharmacy practice. Furthermore, it

    provides up-to-date information and evaluation of innovative pharmacy services in different

    countries." --Minji Sohn, Ferris State University

    KEY FEATURES

    Delivers a practical guide for conducting economic evaluations of hospital and community

    pharmacy services

    Documents the literature around health economic evaluation and innovative pharmacy

    services

    Guides the development of a standardized health economic evaluation tool to evaluate these

    services

    DESCRIPTION

    Economic Evaluation of Pharmacy Servicesprovides the latest on the trend to a more product-

    centered and service-centered practice, eschewing traditional economic evaluation techniques

    that focus on product-to-product comparisons in favor of evaluating processes that measure costs

    and health outcomes.

    Complete with examples focusing on best practices, including various study designs, types of

    pharmacy services, and types of outcomes being evaluated, the book emphasizes case studies and

    examples that help readers understand economic evaluation techniques. Many of these techniques

    are transferable across countries, especially where there are advanced and stable health systems

    in place. With the help of this practical guide, readers will gain a thorough understanding of the

    application of economic evaluation of pharmacy services.

    Economic Evaluation of Pharmacy ServicesZaheer-Ud-Din BabarSchool of Pharmacy, Faculty of Medical and Health Sciences, University ofAuckland, Auckland, New Zealand and Founding editor, Journal of Pharmaceutical Policy andPractice

    ISBN:978-0-12-803659-4

    PUB DATE:October 2016

    FORMAT: Hardback

    PAGES: c. 230

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates,

    graduate students, and

    professionals in health economics,

    healthcare administration, and

    pharmacy outcomes programs

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative8

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    As a comprehensive guide, this compendium helps researchers and professionals select

    the best measurement framework for any given situation

    "This book is essential reading for all those interested in the latest methods and developments in

    the measurement of health, health status, and quality of life." --Russell Mannion, University of

    Birmingham

    "The Measurement of Health and Health Statusprovides a comprehensive introduction to an ever-

    expanding topic.? The scientific approach to 'health' has grown in recent years, with a variety of

    new approaches to studying what exactly it means to be 'healthy.' This book will be a natural for

    those interested in studying health and well-being, and also to those interested in the

    measurement of not-so-easy-to-measure concepts." --Jason Schnittker, University of

    Pennsylvania

    KEY FEATURES

    Assumes that the best measure depends entirely on the situation

    Covers preference-based methods, classical test theory, and item response theory

    Features illustrations and animations drawn from diverse fields and disciplines

    DESCRIPTION

    The Measurement of Health and Health Status: Concepts, Methods and Applications from a

    Multidisciplinary Perspective presents a unifying perspective on how to select the best

    measurement framework for any situation. Serving as a one-stop shop that unifies materialcurrently available in various locations, this book illuminates the intuition behind each method,

    explaining how each method has special purposes, what developments are occurring, and how

    new combinations among methods might be relevant to specific situations. It especially

    emphasizes the measurement of health and health states (quality-of-life), giving significant

    attention to newly developed methods. The book introduces technically complex, new methods for

    both introductory and technically-proficient readers.

    The Measurement of Health and Health StatusConcepts, Methods and Applications from a Multidisciplinary

    PerspectivePaul KrabbeUniversity of Groningen, The Netherlands

    ISBN:978-0-12-801504-9

    PUB DATE:October 2016

    FORMAT: Hardback

    PAGES: c. 360

    TRIM: 6w x 9h

    AUDIENCE

    A worldwide combination of

    academics, researchers, and

    professionals working in health

    economics, pharmaceutical

    companies, and health services

    research groups

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 9

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    This thought-provoking resource provides an up-to-date resource on how domestically

    based banks in emerging economies can provide financial services for all economic

    sectors

    "All readers will treasure this book because it offers a comprehensive, yet focused overview of risk

    management concepts and key challenges facing modern banks operating in the developing world.

    A very useful resource for practitioners, academics, and students alike." -- Claudia

    Girardone, University of Essex

    "The book meets the most recent trends in the business practices and in the literature by offering

    the holistic approach to risk management. It gives the reader an exceptional opportunity to learn

    about the novel risks that managers in emerging markets have to face in the revolution of

    banking." -- ?ukasz Koz?owski, Kozminski University

    "Banks in emerging markets have to operate in a different cultural, regulatory and legalenvironment than that of the developed economies. Risk management techniques from the

    developed economies do not readily translate over. This book bridges that gap and is a must for all

    scholars and bankers in emerging markets." --Kent Matthews, Cardiff University

    KEY FEATURES

    Contains fifty cases that reinforce risk management best practices

    Provides a consistent chapter format that includes abstract, keywords, learning focus, and

    outcomes

    Summaries, questions, and glossaries conclude each chapter

    DESCRIPTION

    Bank Risk Management in Developing Economies: Addressing the Unique Challenges of Domestic

    Banksprovides an up-to-date resource on how domestically-based banks in emerging economies

    can provide financial services for all economic sectors while also contributing to national economic

    development policies.

    Because these types of bank are often exposed to risky sectors, they are usually set apart fromforeign subsidiaries, and thus need risk models that foreign-based banks do not address. This book

    is the first to identify these needs, proposing solutions through the use of case studies and analyses

    that illustrate how developing economic banking crises are often rooted in managing composite

    risks. The book represents a departure from classical literature that focuses on assets, liabilities,

    and balance sheet management, by which developing economy banks, like their counterparts

    elsewhere, have not fared well.

    Bank Risk Management in Developing

    EconomiesAddressing the Unique Challenges of Domestic BanksLeonard OnyiriubaNFS Data Bureau Limited, Lagos, Nigeria

    ISBN: 978-0-12-805479-6

    PUB DATE:September 2016

    FORMAT: Paperback

    PAGES: c. 630

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates,

    graduate students, and

    professionals working on financial

    institutions in developing

    economies

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative10

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    An introduction to entrepreneurship for Arab readers that promotes a practical

    approach to starting businesses

    KEY FEATURES

    Provides local and regional cases and examples familiar to GCC students

    Covers all important subjects within entrepreneurship, from cultivating entrepreneurial habits

    and values, to sources of business financing

    Emphasizes the variety of practical alternatives available to entrepreneurs

    DESCRIPTION

    Entrepreneurship in the Gulf Cooperation Council: Entrepreneurship in the Gulf Cooperation Council

    promotes a practical approach to starting businesses, and is useful not only for students, but also

    to anyone seeking practical insights on the essential aspects of entrepreneurship.

    As a wide-ranging introduction to theories and their applications, the book covers business plans,feasibility studies, and sources of startup funds. Case studies from GCC countries make the book a

    useful source of guidelines for starting and managing a business.

    Entrepreneurship in the Gulf Cooperation

    CouncilGuidelines for Starting and Managing BusinessesMaria PauceanuDhofar University

    ISBN:978-0-12-811288-5

    PUB DATE:September 2016

    FORMAT: Paperback

    PAGES: c. 156

    TRIM: 6w x 9h

    AUDIENCE

    University students in the GCC.

    Secondary audiences include

    university students throughout

    the Arab world and future

    entrepreneurs or business

    owners. Also helpful for people

    hoping to do business in the Arab

    world or who would like to know

    more about it.

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 11

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    This comprehensive overview presents decision analysis and simulation strategies,

    providing students with a definitive understanding of probability and statistics

    "This book provides a novel, intuitive approach to teaching uncertainty and simulation modeling

    that should appeal to a wide variety of management science, analytics, and statistics professors." -

    -Wayne L. Winston, University of Indiana

    "Business analytics are and will remain essential in every industry sector. To understand basic

    concepts and solve complex problems are skills necessary for any economist and engineer, among

    others. Introduction to Business Analytics using Simulationis the perfect textbook for learning

    these skills." --Fausto Pedro Garcia Marquez, Universidad de Castilla-La Mancha.

    KEY FEATURES

    Teaches managers how they can use business analytics to formulate and solve business

    problems to enhance managerial decision-making Explains the processes needed to develop, report, and analyze business data

    Describes how to use and apply business analytics software

    DESCRIPTION

    Introduction to Business Analytics Using Simulationemploys an innovative strategy to teach

    business analytics. It uses simulation modeling and analysis as mechanisms to introduce and link

    predictive and prescriptive modeling. Because managers can't fully assess what will happen in the

    future, but must still make decisions, the book treats uncertainty as an essential element in

    decision-making.

    Its use of simulation gives readers a superior way of analyzing past data, understanding an

    uncertain future, and optimizing results to select the best decision. With its focus on the

    uncertainty and variability of business, this comprehensive book provides a better foundation for

    business analytics than standard introductory business analytics books. Students will gain a better

    understanding of fundamental statistical concepts that are essential to marketing research, Six-

    Sigma, financial analysis, and business analytics.

    Introduction to Business Analytics Using

    SimulationJon PinderSchool of Management, Wake Forest University, Winston-Salem NC, USA

    ISBN:978-0-12-810484-2

    PUB DATE:August 2016

    FORMAT: Paperback

    PAGES: c. 434

    TRIM: 7.5w x 9.25h

    AUDIENCE

    Upper-division undergraduates

    and graduate students worldwide

    working on business decision-

    making. Prerequisite: statistics

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative12

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    This helpful handbook provides novel insight and perspective from leading academics to

    explain the behavior of investors and prices in several frontier markets and help ensure

    that increasing international investment will, in fact, facilitate their integration within

    the global financial system

    "This is a very comprehensive handbook for graduate students, researchers, and practitioners who

    are interested in financial aspects of frontier markets. The book documents experiences of

    countries as diverse as Botswana, Morocco, Vietnam, and Slovenia, among many others. An

    excellent read!" --Viviana Fernandez, Universidad Adolfo Ibez

    "A comprehensive collection of high quality articles on a wide range of topics related to frontier

    financial markets. A solid reference for all those interested in this topic." --Petre Caraiani,

    Institutul National de Cercetari Economice (INCE), Academia Romana

    KEY FEATURES Presents topics in the contexts of frontier markets and uses tests based on established

    methodologies from finance research

    Features contributing authors who are established university academics

    Emphasizes financial institutions and applications of financial risk models

    Explores finance issues usually reserved for developed and emerging markets in order to

    gauge whether these issues are relevant and how they manifest themselves in frontier

    markets

    DESCRIPTIONHandbook of Frontier Markets: Evidence from Asia and International Comparative Studies provides

    novel insights from academic perspectives about the behavior of investors and prices in several

    frontier markets. It explores finance issues usually reserved for developed and emerging markets in

    order to gauge whether these issues are relevant and how they manifest themselves in frontier

    markets.

    Frontier markets have now become a popular investment class among institutional investors

    internationally, with major financial services providers establishing index-benchmarks for this

    market-category. The anticipation for frontier markets is optimistic uncertainty, and many people

    believe that, given their growth rates, these markets will be economic success stories. Irrespective

    of their degrees of success, The Handbook of Frontier Markets can help ensure that the increasing

    international investment diverted to them will aid in their greater integration within the global

    financial system.

    Handbook of Frontier MarketsEvidence from Middle East North Africa and International

    Comparative StudiesEdited by: Panagiotis AndrikopoulosCoventry University Business School, University ofCoventry, UKGreg N. GregoriouSchool of Business and Economics, State University of New York, Plattsburgh,NY, USAVasileios "Bill" KallinterakisUniversity of Liverpool Management School, UK

    ISBN:978-0-12-809200-2

    PUB DATE:August 2016

    FORMAT: Hardback

    PAGES: c. 404

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates,

    graduate students, and

    professionals studying and

    working in frontier and emerging

    markets and corresponding fields

    in accounting, business,

    regulation, and finance.

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 13

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    Through empirical data links, this book presents a global view of economic imbalances,

    financial crises, and central bank policies

    "This book gives an excellent assessment of the emergence, causes and consequences of balance-

    of-payments imbalances in a large number of countries. It is a very timely analysis in view of the

    large imbalances arising from the financial crises of recent years, giving useful advice for the

    construction of a new and more stable financial world order." --Hans-Werner Sinn, University of

    Munich and the Ifo Institute for Economic Research

    "This book provides an insightful, timely, and fresh perspective on the global implications of the

    large hoarding of international reserves by emerging markets in recent decades, offering an

    essential analysis of global economics challenges in the twenty first century. Dr. Andreas Steiners

    empirical analysis shows that international reserve accumulation lowers both the current account

    and the public budget balances of the reserve-currencys supplier, possibly destabilizing the global

    system down the road." --Joshua Aizenman, University of Southern California

    "Global Imbalances, Financial Crises, and Central Bank Policiesis a very well-conceived manuscript

    on the nexus of reserve hoarding and capital flow, and the implications for the global economy.

    The notion of national benefits against global negative externalities of reserve accumulation will

    interest both academics and policymakers." --Yin-Wong Cheung, City University of Hong Kong

    KEY FEATURES

    Presents a systematic account of the relationship between the build-up of reserves and centralbank policies

    Emphasizes a global view of currency reserves, which is usually ignored in analyses of their

    effect

    Includes datasets as well as all illustrations and figures in online ancillary materials

    DESCRIPTION

    Global Imbalances, Financial Crises, and Central Bank Policiesassesses the relationships between

    global imbalances, financial crises, and central bank policies, with a specific focus on their reserves.

    The book contains a strictly international perspective with an analysis based on empirical researchthat enables the reader to develop an analytical model that emphasizes interactions among

    individual central banks. With this innovative approach, the book develops a new method for

    defining an optimal demand for reserves. In addition, the book describes implications for financial

    reforms that might ultimately be more important than its empirical findings.

    Global Imbalances, Financial Crises, and

    Central Bank PoliciesAndreas SteinerIfo Institute and Ifo Center for Business Cycle Analysis and Surveys, Munich,Germany

    ISBN:978-0-12-810402-6

    PUB DATE:August 2016

    FORMAT: Paperback

    PAGES: c. 190

    TRIM: 6w x 9h

    AUDIENCE

    Economics and finance upper-

    division undergraduates, graduate

    students, and professionals

    worldwide who need to know

    about the relationships between

    banks and financial crises

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative14

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    This helpful handbook provides novel insight and perspective from leading academics to

    explain the behavior of investors and prices in several frontier markets and help ensure

    that increasing international investment will, in fact, facilitate their integration within

    the global financial system

    "This is a very comprehensive handbook for graduate students, researchers, and practitioners who

    are interested in financial aspects of frontier markets. The book documents experiences of

    countries as diverse as Botswana, Morocco, Vietnam, and Slovenia, among many others. An

    excellent read!" --Viviana Fernandez, Universidad Adolfo Ibez

    "A comprehensive collection of high quality articles on a wide range of topics related to frontier

    financial markets. A solid reference for all those interested in this topic." --Petre Caraiani,

    Institutul National de Cercetari Economice (INCE), Academia Romana

    KEY FEATURES Presents topics in the context of frontier markets and uses tests based on established

    methodologies from finance research

    Draws from authors who are established university academics

    Pays particular attention to financial institutions and applications of financial risk models

    Explores finance issues usually reserved for developed and emerging markets in order to

    gauge whether these issues are relevant and how they manifest themselves in frontier

    markets

    DESCRIPTIONHandbook of Frontier Markets: The European and African Evidence provides novel insights from

    academic perspectives about the behavior of investors and prices in several frontier markets. It

    explores finance issues usually reserved for developed and emerging markets in order to gauge

    whether these issues are relevant and how they manifest themselves in frontier markets.

    Frontier markets have now become a popular investment class among institutional investors

    internationally, with major financial services providers establishing index-benchmarks for this

    market-category. The anticipation for frontier markets is optimistic uncertainty, and many people

    believe that, given their growth rates, these markets will be economic success stories. Irrespective

    of their degrees of success,The Handbook of Frontier Marketscan help ensure that the increasing

    international investment diverted to them will aid in their greater integration within the global

    financial system.

    Handbook of Frontier MarketsThe African, European and Asian EvidenceEdited by: Panagiotis AndrikopoulosCoventry University Business School, University ofCoventry, UKGreg N. GregoriouSchool of Business and Economics, State University of New York, Plattsburgh,NY, USAVasileios KallinterakisUniversity of Liverpool Management School, UK

    ISBN:978-0-12-803776-8

    PUB DATE:August 2016

    FORMAT: Hardback

    PAGES: c. 282

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates,

    graduate students, and

    professionals studying and

    working in frontier and emerging

    markets and corresponding fields

    in accounting, business,

    regulation, and finance.

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 15

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    This thought provoking book explains Brazils development level in light of modern

    theories regarding economic growth and international economics, focusing on both the

    proximate and fundamental causes of Brazils slow development

    "The poor performance of the Brazilian economy since the 1980s has been object of an ever long

    debate about its causes. This book provides important insights into this debate, bringing a

    provocative interpretation about the historical development of the Brazilian economy that explains

    the roots of its backwardness. Based on modern theories about economic growth, the author

    presents new statistical indicators that support his claims. This is a stimulating contribution to the

    academic research on the Brazilian economy." --Carmem Feij, Fluminense Federal University

    KEY FEATURES

    Argues that low human capital accumulation is the major source of Brazilian relative

    underdevelopment

    Considers class conflict as the major determinant of Brazils historically low human capitalaccumulation and underdevelopment

    Presents new statistical information about Brazilian early development

    DESCRIPTION

    Roots of Brazils Relative Economic Backwardnessexplains Brazils development level in light of

    modern theories regarding economic growth and international economics. It focuses on both the

    proximate and fundamental causes of Brazils slow development, turning currently dominant

    hypotheses upside down.

    To support its arguments, the book presents extensive statistical analysis of Brazilian long-term

    development, with some new series on per capita GDP, population ethnical composition, and

    human capital stock, among others. It is an important resource in the ongoing debate on the

    causes of Latin American underdeveloped economies.

    Roots of Brazilian Relative Economic

    BackwardnessAlexandre Rands BarrosDatametrica, Recife, Brazil

    ISBN:978-0-12-809756-4

    PUB DATE:July 2016

    FORMAT: Paperback

    PAGES: c. 280

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates

    and graduate students worldwide

    working in labor economics,

    economic development, and

    international economics,

    especially in Latin American

    subjects

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative16

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    This instructive book provides an overview of investment funds, focusing on both asset

    transactions made by investment managers for the portfolio and transactions in the

    shares or units of the fund itself, thereby giving readers helpful insight about the

    essential elements of investment fund management

    "Fund Custodyadmirably fills a gap in the material available for practitioners and students of

    investment management. A lively and clearly written overview of the industry with a great deal of

    day-to-day practical detail. Ideal supplementary reading to help students in their transition from

    academic study to the world of work." --Alastair Milne, Loughborough University, UK

    "David Loader provides profound insights into investment funds management. He describes in

    detail the different structures and institutions and elaborates on the necessary processes that need

    to be performed. In times of increasing regulatory pressures and accelerating technological

    changes his work offers valuable knowledge not only for professionals in the financial services

    industry but for every investor as well." --Marco Weiss, Frankfurt University, Germany

    KEY FEATURES

    Explores the key stages in the investment process, from setting up a fund through its launch

    and operation

    Explains the roles of participants as well as the ways regulation affects the fund and its

    operation

    Describes the work flow associated with custody and administration procedures and processes

    Defines the role of compliance and risk management in the context of the fund and also how

    compliance requirements apply to custodians and administrators

    DESCRIPTION

    Fund Custody and Administrationprovides an overall perspective of investment funds without

    limiting its analysis to specific fund structures, as other books do. Since governance and oversight

    of investment funds are now major regulatory requirements, administrators and custodians must

    place greater emphasis on the custody and safekeeping of fund assets, on the independent and

    robust valuation of the assets, and on collateral management. By focusing on both the asset

    transactions made by the investment manager for the portfolio and on the transactions in the

    shares or units of the fund itself, it gives readers insights about the essential elements of

    investment fund management and administration, regardless of their geographical backgrounds.

    Fund Custody and AdministrationDavid LoaderDirector of DSC Portfolio Ltd. and Loader Associates Ltd.

    ISBN:978-0-12-804400-1

    PUB DATE:July 2016

    FORMAT: Hardback

    PAGES: c. 322

    TRIM: 6w x 9h

    AUDIENCE

    Graduate students and

    professionals worldwide studying

    or working in financial institutions

    and services

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 17

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    The second edition of this practical guide features pricing information for equity,

    interest rate, foreign exchange, and credit derivatives, and includes access to

    standalone examples and code from a variety of computer languages to help readers

    learn how to develop custom applications to tackle their computational finance

    problems

    "This is a book with equal coverage of financial mathematics, derivatives, and computerprogramming. It will be a welcome addition to any student's or practitioner's library."--Yuh-Dauh

    Lyuu, National Taiwan University

    "The use of derivatives for hedging possible finance risks became extremely popular due to the

    globalisation of international trade. This book provides for readers interesting linkage of theoretical

    background for valuation of all types of derivatives with their practical impact. Professional valuers

    would appreciate the 8thchapter dealing with C# portfolio pricing app. Very topical is the last

    chapter dealing with 2008 credit crisis. I would like to strongly recommend this book for

    publishing." --Jiri Strouhal, University of Economics Prague and President of Association of Czech

    Professional Accountants

    KEY FEATURES

    Features new programming problems, examples, and exercises with solutions added to each

    chapter

    Includes freely-accessible source code in languages such as C, C++, VBA, C#, Excel,

    Includes a new chapter on the credit crisis of 2008

    Emphasizes mathematical theory

    DESCRIPTION

    Computational Finance Using C and C#: Derivatives and Valuation, Second Editionprovides

    derivatives pricing information for equity derivatives, interest rate derivatives, foreign exchange

    derivatives, and credit derivatives. By providing free access to code from a variety of computer

    languages, such as Visual Basic/Excel, C++, C, and C#, it gives readers stand-alone examples that

    they can explore before delving into creating their own applications. It is written for readers with

    backgrounds in basic calculus, linear algebra, and probability. Strong on mathematical theory, this

    second edition helps empower readers to solve their own problems.

    *Features new programming problems, examples, and exercises for each chapter. *Includes freely-

    accessible source code in languages such as C, C++, VBA, C#, and Excel.. *Includes a new chapter on

    the history of finance which also covers the 2008 credit crisis and the use of mortgage backed

    securities, CDSs and CDOs. *Emphasizes mathematical theory.

    Computational Finance Using C and C#, 2eDerivatives and ValuationGeorge LevySenior Project Consultant developing software for estimating financial risk,SunGard Systems, UK

    ISBN:978-0-12-803579-5

    PREVIOUS EDITION ISBN:

    9780750669191

    PUB DATE:June 2016

    FORMAT: Hardback

    PAGES: c. 370

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates

    and first-year graduate students

    worldwide in financial

    engineering, quantitative finance,

    computational finance and

    mathematical finance. Also

    professionals working in financialinstitutions, insurance, and risk

    management

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative18

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    This thorough, detailed book uses microeconometric methods to model the behavior of

    individuals, demonstrating various modeling approaches for addressing policy needs.

    The book links theory and methods with applications, and incorporates data to connect

    individual choices and global environmental issues. Features modeling strategies and

    methodological techniques applied to hands-on examples.

    "An inspiring read for environmental and econometrics courses...Bravo!" --Bin Chen, BeijingNormal University

    "This book is an indispensable guide to modelling micro-behavioural decisions in environmental

    and natural resources management (ENRM). It is a rich with theoretical models, analytical methods

    and examples of empirical work on modelling micro-behaviours in agricultural and natural resource

    enterprises. I strongly recommend using this book for academic trainings in ENRM. Researchers

    and policymakers in ENRM will also find the text useful." --Amin Mugera, University of Western

    Australia

    KEY FEATURES

    Emphasizes ways that choices and outcomes are modelled simultaneously

    Illuminates relationships between micro decisions and global environmental systems

    Uses software and cases in analyzing environmental policy issues

    Links microeconomic models to applications in environmental economics and thereby

    connects individual choices with global environmental issues

    DESCRIPTIONMicrobehavioral Econometric Methods and Environmental Studiesuses microeconometric methods

    to model the behavior of individuals, then demonstrates the modelling approaches in addressing

    policy needs. It links theory and methods with applications, and it incorporates data to connect

    individual choices and global environmental issues. This extension of traditional environmental

    economics presents modeling strategies and methodological techniques, then applies them to

    hands-on examples.Throughout the book, readers can access chapter summaries, problem sets,

    multiple household survey data with regard to agricultural and natural resources in Sub-Saharan

    Africa, South America, and India, and empirical results and solutions from the SAS software.

    Microbehavioral Econometric MethodsTheories, Models, and Applications for the Study of

    Environmental and Natural ResourcesNiggol SeoMuaebak Institute of Global Warming Studies, Seoul, South Korea

    ISBN:978-0-12-804136-9

    PUB DATE:June 2016

    FORMAT: Paperback

    PAGES: c. 314

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates,graduate students, and

    professionals worldwide working

    in econometrics and

    environmental economics.

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 19

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    This timely book provides a comprehensive discussion of foreign direct investment (FDI)

    in Brazil, including the policy environment influencing the patterns and development of

    FDI in reviving Brazil's growth momentum as well as the country's transition to a new

    growth paradigm less dependent on commodity exports

    "Despite its current problems, Brazil remains one of the most promising emerging markets in the

    medium to

    long term. This book provides an in-depth, crystal-clear analysis of the challenges and prospects of

    Brazil's inward and

    outward FDI in the post-global financial crisis (GFC) period." --Donghyun Park, Principal

    Economist, Asian Development Bank, Philippines

    "All too long, ignorance of the 'not-so-easy-quantifiable' determinants of the internationalization

    process of firms has overshadowed the debate about the drivers of FDI -- not only in emerging

    countries. This book presents a step to lifting the veil of ignorance. Based on empirical evidenceabout one important emerging economy, Brazil, the author shows convincingly how and why it is

    the institutional environment that matters for accelerating or restraining the internationalization

    of firms." --Christian Bellak, WU Vienna University of Economics and Business, Austria

    KEY FEATURES

    Covers an important contemporary development issue focusing on the experience of one of

    the fastest growing and largest emerging economies in the world

    Presents econometric findings using data at different levels of aggregation

    Provides an in-depth study on the determinants of FDI and their relations to institutions

    Explores both the inward and outward ways foreign direct investment (FDI) can help Brazil

    sustain economic growth and development in the sometimes hostile post-global crisis era

    DESCRIPTION

    Foreign Direct Investment in Brazil: Post-Crisis Economic Development in Emerging Markets

    explores both the inward and outward ways foreign direct investment (FDI) can help Brazil sustain

    economic growth and development in the sometimes hostile post-global crisis era. Inward and

    outward FDI have major roles to play in reviving Brazils growth momentum and the countrys

    transition to a new growth paradigm less dependent on commodity exports. The book provides a

    comprehensive discussion on the analytical framework of FDI and the policy environment

    influencing the patterns and development of FDI in Brazil. It compares Brazil to other developing

    countries, but its focus rests on how, and to what extent, the global crisis is shaping the Brazilian

    institutional environment and its implications for FDI.

    Foreign Direct Investment in BrazilPost-Crisis Economic Development in Emerging MarketsMohamed AmalFURB (Regional University of Blumenau), Brazil

    ISBN:978-0-12-802067-8

    PUB DATE:April 2016

    FORMAT: Paperback

    PAGES: c. 218

    TRIM: 6w x 9h

    AUDIENCE

    Upper-division undergraduates

    and graduate students worldwide

    working in comparative economic

    systems, emerging economies,

    trade, and debt problems.

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative20

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    This book provides a practical guide to project finance for the international petroleum

    industry, covering financial markets, sources and providers of finance, financial

    structures, and capital raising processesand including case studies that highlight

    industry players, risks, economics, and commercial and legal arrangements

    "As experienced project finance professionals know, each sector has unique characteristics thatmust be take into account. Most books about energy finance emphasize financing at the expense

    of industry economics. In contrast, Robert Clews does a masterful job at tying together the

    features of oil and gas investments with the risk management and contract structures of energy

    project finance. During a time of dramatic changes in energy markets, this book sets the new

    standard for the analysis of structured finance during a period of dramatic change in energy

    markets." --John S. Strong, College of William and Mary, USA

    KEY FEATURES

    Combines the theory and practice of raising long-term funding for capital intensive projects

    with insights about the appeal of project finance to the international oil and gas industry

    Includes case studies and examples covering projects in the Arctic, East Africa, Latin America,

    North America, and Australia

    Emphasizes the full downstream value chain of the industry instead of limiting itself to

    upstream and pipeline project financing

    Highlights petroleum industry players, risks, economics, and commercial and legal

    arrangements

    DESCRIPTION

    This overview of project finance for the oil and gas industry covers financial markets, sources and

    providers of finance, financial structures, and capital raising processes. About US$300 billion of

    project finance debt is raised annually across several capital intensive sectorsincluding oil and

    gas, energy, infrastructure, and miningand the oil and gas industry represents around 30% of the

    global project finance market.

    With over 25 years project finance experience in international banking and industry, author Robert

    Clews explores project finance techniques and their effectiveness in the petroleum industry. He

    highlights the petroleum industry players, risks, economics, and commercial/legal arrangements.With petroleum industry projects representing amongst the largest industrial activities in the

    world, this book ties together concepts and tools through real examples and aims to ensure that

    project finance will continue to play a central role in bringing together investors and lenders to

    finance these ventures.

    Project Finance for the International

    Petroleum IndustryRobert ClewsHead of Oil, Gas, and Petrochemicals, Sumitomo Mitsui Banking Corporation

    ISBN:978-0-12-800158-5

    PUB DATE:April 2016

    FORMAT: Hardback

    PAGES: c. 404

    TRIM: 6w x 9h

    AUDIENCE

    Graduate students working incorporate finance and business,

    and professionals working in the

    project finance industry and the

    international oil and gas industry

    BUSINESS, ECONOMICS & FINANCE

    Please contact your Elsevier Sales or Customer Service Representative 21

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    An introduction to and analysis of portfolio diversification as a tool for combing several

    risky investments with the goal of reducing overall risk

    KEY FEATURES

    Pure focus on portfolio diversification across all its dimensions

    Review in a unified framework and notation

    Includes recent empirical material, created and developed specifically for this book

    DESCRIPTION

    Portfolio diversification is the process of combining several risky investments in a portfolio with the

    goal of reducing the portfolio overall risk. In this book, we introduce and analyze various

    dimensions of portfolio diversification (assets, maturities, industries, countries, etc.) as well as time

    diversification (long term vs. short term diversification) and diversification using other risk

    measures than variance. Several tools to quantify and implement optimal diversification are

    discussed and illustrated.

    Portfolio DiversificationFranois-Serge LhabitantChief Executive Officer and Chief Investment Officer, Kedge Capital,UK, Professor of Finance, EDHEC Business School, France and Visiting Professor of F inance, HongKong University of Science and Technology, Hong Kong

    ISBN:978-1-78548-191-8

    PUB DATE:June 2017

    FORMAT: Hardback

    PAGES: c. 180

    TRIM: 6w x 9h

    AUDIENCE

    MBA and PhD students in Finance,

    Portfolio Managers, Wealth

    Planners, Insitutional Investors,

    Quants willing to get familiar with

    finance, CFA holders

    PSYCH, NEURO AND SOCIAL SCIENCE

    Please contact your Elsevier Sales or Customer Service Representative22

    E i i I P

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    Stylized view of the key elements of engineering investment, bringing consistency and

    sanity checks to help ensure success

    KEY FEATURES

    Blends academic research with practical experience from quants, fund managers, and

    economists

    Puts financial mathematics and econometrics in their rightful place Presents useful information that will increase the reader's understanding of markets

    Clearly provides both the global framework, the investment process, and the useful

    econometric and financial tools that help in its construction

    Includes efficient tools taken from up-to-date econometric and financial techniques

    DESCRIPTION

    Engineering Investment Process: Making Value Creation Repeatable explores the principles and

    features of a funds investment process, their unique characteristics, and the ways they reflect the

    experience and beliefs of the fund's manager, all of which drive the resilience of the funds

    performance.

    As each investor should understand their asset universe, identify all the obvious and hidden

    sources of risk, and know how to allocate and criticize their own backtest, this book helps readers

    make those critical decisions using a clear manner that presents the scientific tools that are

    necessary for a full understanding of the engineering investment process.

    Engineering Investment ProcessMaking Value Creation RepeatableChafic MerhyHead of Credit Quantitative Research, Natixis Asset Management, Paris, FranceGuillaume SimonResearch manager, Capital Fund Management, Paris, FranceEdited by: Florian LelpoAssociate Researcher, Centre d' Economie de la Sorbonne (University ofParis 1) and IPAG Business School, Paris, France

    ISBN:978-1-78548-162-8

    PUB DATE:March 2017

    FORMAT: Hardback

    PAGES: c. 190

    TRIM: 6w x 9h

    AUDIENCE

    Professionals that would need

    guidance in the building of an

    investment process, both for

    active and passive fund

    management. Quantitative and

    non-quantitative investment

    managers, emphasizing must-

    haves and pitfalls that any fund

    manager should be aware of. Risk

    managers or any manager

    needing a reference for assessing

    the supervision of an investment

    process (CEOs, regulators). Master

    class teaching and Academics

    interested in practical applications

    of academic research.

    PSYCH, NEURO AND SOCIAL SCIENCE

    Please contact your Elsevier Sales or Customer Service Representative 23

    S t i Ri k T h

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    Explores the measurement of systemic financial risk, focusing on the Eurozone and

    proposing possible early warning systems that detect impending abnormalities

    KEY FEATURES

    Explores the economic and financial system of Sovereigns, Banks, other Financial

    Intermediaries, and Corporations

    Presents the financial system as a biological entity to be explored in order to identify the mainrisk signals and provide the right measures of prevention and interventions

    Offers a new, systemic-based approach to construct a hierarchical, internally coherent

    framework to be used in developing an effective early warning system

    DESCRIPTION

    Systemic Risk Tomography: Signals, Measurement and Transmission Channelsrecent developments

    in the measurement of systemic risk, mainly focusing on the Eurozone and providing a

    comprehensive risk analysis that covers sovereign risk, bank and other financial intermediaries risk,

    and corporate risk.

    The book also deals with possible Early Warning Systems based on a risk dashboard that proposes

    to identify potential vulnerabilities within the financial system. The comprehensive risk analysis

    detailed in this book is intended to aggregate the individual risk dimensions by using advanced

    methodologies, such as Dynamic Conditional Correlations, Copula functions and Copula-based

    models, Regime-switching models, and Network analysis.

    Systemic Risk TomographySignals, Measurement and Transmission ChannelsMonica BillioProfessor of Econometrics, Department of Economics, University CaFoscari ofVeniceLoriana PelizzonProgram Director, Systemic Risk Lab and Chair, Law and Finance, ResearchCentre SAFE, Goethe University FrankfurtSavona RobertoAssociate Professor, Financial Markets and Institutions, University of Brescia

    ISBN:978-1-78548-085-0

    PUB DATE:December 2016

    FORMAT: Hardback

    PAGES: c. 278

    TRIM: 6w x 9h

    AUDIENCE

    Universities (graduate and phd

    students), academic researchers,

    policy institutions (national

    central banks, IMF, ECB, BIS,

    OECD, EC)

    PSYCH, NEURO AND SOCIAL SCIENCE

    Please contact your Elsevier Sales or Customer Service Representative24

    Portfolio Optimization with Different

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    This important work provides an overview of the role and impact of different

    information flow in the classical problem of optimal investment, exploring both a

    default free market and a defaultable market

    KEY FEATURES

    Presents recent progress of stochastic portfolio optimization with exotic filtrations

    Shows you how to apply the tools of the enlargement of filtrations to resolve the optimizationproblem

    Uses tools from various fields from enlargement of filtration theory, stochastic calculus,

    convex analysis, optimal stochastic control, and backward stochastic differential equations

    DESCRIPTION

    Portfolio Optimization with Different Information Flowrecalls the stochastic tools and results

    concerning the stochastic optimization theory and the enlargement filtration theory. The authors

    detail a default free market and explore a defaultable market where the risks assets are subjected

    to the default risk of a counterparty firm, analyzing ways their value may suffer a sudden loss at

    the counterparty default time.

    Portfolio Optimization with Different

    Information FlowCaroline HillairetAssistant Professor, CMAP Ecole PolytechniqueYing JiaoISFA Universit Lyon 1

    ISBN:978-1-78548-084-3

    PUB DATE:September 2017

    FORMAT: Hardback

    PAGES: c. 130

    TRIM: 6w x 9h

    AUDIENCE

    Graduate students, researchers,

    portfolio managers and academics

    worldwide working in all sub-disciplines of economics,

    mathematics and finance

    PSYCH, NEURO AND SOCIAL SCIENCE

    Please contact your Elsevier Sales or Customer Service Representative 25

    Stochastic Models of Financial Mathematics

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    A concise introduction to option pricing and stochastic interest rate models

    KEY FEATURES

    About continuous-time stochastic models of financial mathematics

    Black-Sholes model and interest rate models

    Requiring a minimum knowledge of stochastic integration and stochastic differential equations

    DESCRIPTION

    These lecture notes are based on a graduate course given for several years at Vilnius University as

    part of the master program Financial and Actuarial Mathematics. They are intended to give a short

    introduction to continuous-time financial models including Black--Scholes and interest rate models.

    Some basic knowledge of stochastic integration and differential equations theory is preferable,

    although, formally, all the preliminary information is given in part 1 of the lecture notes.

    Stochastic Models of Financial MathematicsVigirdas MackeviciusVU MIF Professor, Department of Mathematical Analysis, VilniusUniversity, Lithuania

    ISBN:978-1-78548-198-7

    PUB DATE:October 2016

    FORMAT: Hardback

    PAGES: c. 120

    TRIM: 6w x 9h

    AUDIENCE

    Masters students of mathematics,

    business mathematics, or financial

    mathematics; Lecturers in

    financial mathematics

    PSYCH, NEURO AND SOCIAL SCIENCE

    Please contact your Elsevier Sales or Customer Service Representative26

    Financial Mathematics

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    How to make the transition from discrete to continuous time in option pricing

    KEY FEATURES

    Calculations of Lower and upper prices, featuring practical examples

    The simplest functional limit theorem proved for transition from discrete to continuous time

    Learn how to optimize portfolio in the presence of risk factors

    DESCRIPTION

    Finance Mathematicsis devoted to financial markets both with discrete and continuous time,

    exploring how to make the transition from discrete to continuous time in option pricing.

    This book features a detailed dynamic model of financial markets with discrete time, for

    application in real-world environments, along with Martingale measures and martingale criterion

    and the proven absence of arbitrage.

    With a focus on portfolio optimization, fair pricing, investment risk, and self-finance, the authors

    provide numerical methods for solutions and practical financial models, enabling you to solve

    problems both from mathematical and from financial point of view.

    Financial MathematicsYuliya MishuraHead, Department of Probability, Statistics and Actuarial Mathematics, Facultyof Mechanics and Mathematics, Taras Shevchenko Kyiv National University, Kiev, Ukraine

    ISBN:978-1-78548-046-1

    PUB DATE:January 2016

    FORMAT: Hardback

    PAGES: c. 180

    TRIM: 6w x 9h

    AUDIENCE

    Academics, researchers, and

    practitioners in quantitative

    finance, financial risk

    management, economics and

    other areas of math, science and

    engineering

    PSYCH, NEURO AND SOCIAL SCIENCE

    Please contact your Elsevier Sales or Customer Service Representative 27

    Digital Libraries

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    Exploring interoperability of digital content

    KEY FEATURES

    Discusses Metadata as a resource for linking

    Provides a practical approach

    A valuable resource for anyone involved in digital library developments and digital collections

    and services

    DESCRIPTION

    The technological interoperability of digital libraries must be rethought in order to adapt to new

    uses and networks. Informative digital environments aimed at responding to heritage, cultural,

    scientific or commercial demands have taken over the global cyberspace and have redesigned the

    techno-informative landscape of the Web. However, while the technological models demonstrate

    their effectiveness and explain to a large extent the creation of digital libraries, archives and

    deposits, the subjacent concept of uses continues to cause debate.

    The information technologies used by heterogeneous digital libraries enable a technical

    interoperability of content. This is not enough to allow the adhesion of a public connected to very

    different information profiles and techniques. This book explores the avenues of a user-orientated

    interoperability where the questions of consultation interfaces and content description processes

    are studied.

    igital ibrariesFabrice PapyProfessor of Information Science and Communication, University of Lorraine,France

    ISBN:978-1-78548-045-4

    PUB DATE:January 2016

    FORMAT: Hardback

    PAGES: c. 146

    TRIM: 6w x 9h

    AUDIENCE

    Researchers, designers, librarians,

    teachers, and graduate students

    who are interested in digital

    library development and

    evaluation

    PSYCH, NEURO AND SOCIAL SCIENCE

    Please contact your Elsevier Sales or Customer Service Representative28

    The European Research Management

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    Provides frameworks, insight, and guidance on research management and research

    administration

    KEY FEATURES

    Offers a deeper understanding of the research management and administrative landscape

    through single and collective definitions and experiences

    Provides an overview of the research environment and explores the international researcharena

    Discusses some of the most complex issues in research management and administration by

    covering topics such as ethics, innovation, research impact, organizational structures, and

    processes for the project life cycle

    DESCRIPTION

    The European Research Management Handbookaddresses the myriad of responsibilities related to

    research management and administration. The book incorporates narratives from those working in

    the field to provide insight into the profession. The book also offers a unique perspective on thetopic by incorporating global perspectives to address the growing interdisciplinary nature of

    research collaboration.

    The European Research Management Handbookoutlines practical advice for those in the research

    management and administration profession at all levels of experience. It is also a useful tool that

    research institutions and research groups can use to assist in planning and streamlining their

    research support.

    p g

    HandbookJan AndersenSenior Executive Advisor, Science Research and Innovation,University ofCopenhagen, Frederiksberg, DenmarkKristel ToomVice Head and Researcher, Estonian Academy of Security Sciences, Tallinn, EstoniaSusi PoliDoctoral EdD Candidate at UCL Institute of Education, London, UKPamela F. MillerDirector, Sponsored Projects Office, University of California at Berkeley,

    Berkeley, CA, U.S.A.

    ISBN:978-0-12-805059-0

    PUB DATE:June 2017

    FORMAT: Paperback

    PAGES: c. 304

    TRIM: 6w x 9h

    AUDIENCE

    Professional research

    administrators and support staff

    in universities and research

    institutions, Researchers and

    research groups, and university

    management as well as those

    interested in exploring a career in

    research management or research

    administration

    LIFE SCIENCES

    PROFESSIONAL AND CAREER DEVELOPMENT

    Please contact your Elsevier Sales or Customer Service Representative 29

    ReSearch

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    Inside knowledge on how to effectively leverage skill sets to take that next step in your

    career

    KEY FEATURES

    Fills the knowledge gap in career planning practices for students and early career researchers

    in the STEM fields, particularly those in the sciences

    Provides global perspectives on seeking career opportunities outside of the United States Includes strategies for how to market your transferable skill sets, network, and maximize

    informational interviews

    DESCRIPTION

    ReSearchis a career planning guide and practical tool for graduate students and postdocs in the

    pursuit of any career. This book provides step-by-step processes for the assessment of career goals

    and the actions that can be taken in order to achieve them. ReSearch includes chapters on the

    basics of career planning, determining unique selling points, and navigating work-life concerns. This

    book also includes narratives from a number of perspectives to showcase the variety of careeroptions available.

    ReSearchis written by experts with inside knowledge of how to effectively leverage skills in order

    to take that next step in your career, whether you are a recent graduate or are interested in

    transitioning into something new. This book is also a valuable resource for advisors and careers

    counselors who mentor students and postdocs about their career plans.

    A Career Guide for ScientistsTeresa M. EvansPhD, Director, the Office of Career Development, Graduate School ofBiomedical Sciences, University of Texas Health and Science Center at San Antonio, San Antonio,TX, USANatalie LundsteenPhD, Director of Graduate Career Development, Graduate School ofBiomedical Sciences, University of Texas Southwestern Medical Center, Dallas, TX, USANathan L. VanderfordPhD, MBA, Assistant Professor, Department of Toxicology and Cancer

    Biology; Assistant Dean for Academic Development, College of Medicine; Assistant Director forResearch, Markey Cancer Center, University of Kentucky, Lexington, KY, USA

    ISBN:978-0-12-804297-7

    PUB DATE:June 2017

    FORMAT: Paperback

    PAGES: c. 288

    TRIM: 6w x 9h

    AUDIENCE

    Graduate, medical, and

    postdoctoral students across the

    Sciences as well as faculty,

    advisors, industry professionals,

    societies, and other organizations

    who are involved in career

    counselling, science education

    programs, and/or mentorship

    programs. Graduates and

    professionals in other STEM areas

    LIFE SCIENCES

    PROFESSIONAL AND CAREER DEVELOPMENT

    Please contact your Elsevier Sales or Customer Service Representative30

    Presenting an Effective and Dynamic Technical

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    A practical, compact guidebook covering the nuts and bolts of effective public speaking

    from a cross-cultural perspective

    KEY FEATURES

    Discusses best practices in putting together an effective talk

    Focuses on leveraging the speakers existing skillsets to develop the delivery style that works

    best for that individual Features one-page quick reference guides for giving both formal oral and informal poster

    presentations

    Addresses cross-cultural communication, as well as particular concerns for non-native English

    speakers

    Includes a companion site with tools and video examples of formal and informal presentations

    for further self-guidance

    DESCRIPTION

    Presenting an Effective and Dynamic Technical Paper: A Guidebook for Novice and Experienced

    Speakers in a Multicultural Worldis intended for inexperienced speakers as well as those aspiring

    to improve their communication skills in making either formal or informal presentations on a

    technical subject.

    The book focuses on how to make presentations to a cross-cultural audience, including such tactics

    as how to list the names of the co-authors on your presentation, how to handle eye contact and

    use humor, both of which can differ across the global spectrum of cultures. The cross-cultural focus

    of this book relates not only to the audience, but also to the speaker. This book also includes

    helpful tips for non-native English speakers.

    PaperA Guidebook for Novice and Experienced Speakers in a

    Multicultural WorldWilliam B. KrantzPresidents Teaching Scholar and Professor Emeritus, University of Colorado,Boulder, CO, USA; Rieveschl Ohio Eminent Scholar and Professor Emeritus, University of

    Cincinnati, Cincinnati,OH, USA

    ISBN:978-0-12-805418-5

    PUB DATE:November 2016

    FORMAT: Paperback

    PAGES: c. 96

    TRIM: 6w x 9h

    AUDIENCE

    Students and researchers acrossthe sciences interested in

    improving their oral

    communication skills; in particular

    non-native English speakers

    LIFE SCIENCES

    PROFESSIONAL AND CAREER DEVELOPMENT

    Please contact your Elsevier Sales or Customer Service Representative 31

    Creating a Culture of Accessibility in the

    S i

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    As a comprehensive guide, this book provides insights and advice on integrating

    students with disabilities into the STEM fields, with each chapter featuring research and

    best practices that are interwoven with experiential narratives

    KEY FEATURES

    Offers a global perspective on making research or work spaces accessible for students with

    disabilities in the STEM fields Discusses best practices on accommodating and supporting students and demonstrates how

    these practices can be translated across disciplines

    Enhances faculty knowledge of inclusive teaching practices, adaptive equipment, accessibility

    features, and accommodations in science laboratories, which would enable the safe

    participation of students with disabilities

    Provides advice for students with disabilities on disclosure and mentoring

    DESCRIPTION

    Creating a Culture of Accessibility in the Sciencesprovides insights and advice on integrating

    students with disabilities into the STEM fields. Each chapter features research and best practices

    that are interwoven with experiential narratives.

    The book is reflective of the diversity of STEM disciplines (life and physical sciences, engineering,

    and mathematics), and is also reflective of cross-disability perspectives (physical, sensory, learning,

    mental health, chronic medical and developmental disabilities).

    It is a useful resource for STEM faculty and university administrators working with students with

    disabilities, as well as STEM industry professionals interested in accommodating employees with

    disabilities.

    SciencesMahadeo A. SukhaiResearch Fellow and Team Leader, University Health Network, PrincessMargaret Hospital, Ontario Cancer Institute, Toronto, ON, CanadaChelsea E. MohlerResearch Consultant, National Educational Association of Disabled Students,Ottawa, ON, Canada

    ISBN:978-0-12-804037-9

    PUB DATE:December 2016

    FORMAT: Paperback

    PAGES: c. 316

    TRIM: 6w x 9h

    AUDIENCE

    University faculty, academicadministrators, disability office

    staff, students with disabilities,

    and industry professionals in

    STEM and related disciplines.

    Additional markets include

    related academic and professional

    organizations as well as those

    involved in professional

    development training and

    workshops

    LIFE SCIENCES

    PROFESSIONAL AND CAREER DEVELOPMENT

    Please contact your Elsevier Sales or Customer Service Representative32

    Technical Career Survival Handbook100 Things You Need To Know

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    This practical guide provides the information needed to survive a technical career,

    enabling prospective candidates and those currently in technical careers to explore all

    technical education possibilities, industries, disciplines, and specialties

    KEY FEATURES

    Offers insights on how to pursue and navigate a technical career

    Discusses job searches, interviews, offers, and counteroffers Includes day-to-day, in the trenches, job situations that may arise and best practices on how to

    address them

    DESCRIPTION

    Technical Career Survival Handbook: 100 Things You Need To Knowprovides the information

    needed to survive a technical career, enabling prospective technical career candidates and those

    currently in technical careers to explore all technical education possibilities, industries, disciplines,

    and specialties.

    This handbook better equips the reader to deal with the tough situations and decisions they have

    to make throughout their career. Topics include preparing for the workforce, employment

    challenges, and dealing with on the job situations. This book is a practical guidebook for scientists,

    engineers, and technicians who apply the principles of science and mathematics to develop

    practical solutions to technical problems.

    100 Things You Need To KnowPeter BurkeP.E, Consulting Engineer, Self-Employed

    ISBN:978-0-12-809372-6

    PUB DATE:November 2016

    FORMAT: Paperback

    PAGES: c. 268

    TRIM: 6w x 9h

    AUDIENCE

    Scientists, engineers, andtechnicians who apply the

    principles of science and

    mathematics to develop practical

    solutions to technical problems.

    LIFE SCIENCES

    PROFESSIONAL AND CAREER DEVELOPMENT

    Please contact your Elsevier Sales or Customer Service Representative33

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    Graduate Research, 4eA Guide for Students in the Sciences

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    This newly revised go-to resource is for graduate researchers at all stages of study and

    covers a range of topics including writing and preparation of research proposals,

    developing and refining teaching skills, and ethics and compliance areas such as

    research involving human subjects and animals

    KEY FEATURES

    Discusses a broad range of topics including time management, library and literature work, andgrant support

    Includes a new chapter on career planning and development with advice on careers in

    academia, government, and the private sector

    Contains chapters that promote the development of a varied set of communication skills

    Greatly expanded treatment of graduate study and research in international settings

    DESCRIPTION

    Graduate Research isan all-in-one resource for prospective and matriculated graduate students in

    the sciences. The newly revised edition includes updates to every chapter. Graduate Researchcovers a range of topics including writing and preparation of research proposals, developing and

    refining teaching skills, and ethics and compliance areas such as research involving human subjects

    and animals.

    Graduate Researchhelps readers navigate the multidimensional and interdisciplinary world of

    scientific research and it is an invaluable resource for graduate researchers as well as those in

    advising or mentoring roles.

    fRobert V. SmithCollaborative Brain Trust University Consulting (CBT UC), Sacramento, CA, USALlewellyn D. DensmoreDepartment of Biological Sciences, Texas Tech University, Lubbock, TX,USAEdward F. LenerUniversity Libraries, Virginia Tech, Blacksburg, VA, USA

    ISBN:978-0-12-803749-2

    PREVIOUS EDITION ISBN:

    9780295977058

    PUB DATE:February 2016

    FORMAT: Paperback

    PAGES: c. 288

    TRIM: 6w x 9hAUDIENCE

    Graduate student, graduate

    advisors, and mentors across the

    Sciences

    LIFE SCIENCES

    PROFESSIONAL AND CAREER DEVELOPMENT

    Please contact your Elsevier Sales or Customer Service Representative 35

    Titles Index

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    Titles Index

    virtuale.elsevier.com

    A

    Amal Foreign Direct Investment in Brazil 20

    Andersen The European Research Management Handbook 29

    Andrikopoulos Handbook of Frontier Markets 13

    Andrikopoulos Handbook of Frontier Markets 15

    B

    Babar Economic Evaluation of Pharmacy Services 8

    Barros Roots of Brazilian Relative E