{"product_id":"9780470091715","title":"Quantitative Financial Economics Stocks, Bonds and Foreign Exchange","description":"\u003ch3\u003eFinancial Economics and Quantitative Analysis Series\u003c\/h3\u003e\u003ch1\u003eQuantitative Financial Economics\u003c\/h1\u003e\u003ch2\u003eStocks, Bonds and Foreign Exchange\u003c\/h2\u003e\u003ch3\u003eKeith Cuthbertson | Dirk Nitzsche\u003c\/h3\u003e\u003cdiv\u003e\u003cb\u003eBusiness \u0026amp; Economics \/ Econometrics\u003c\/b\u003e\u003c\/div\u003e\u003cbr\u003e\u003cdiv\u003e\n\u003cb\u003eQuantitative Financial Economics\u003c\/b\u003e \u003cp\u003eQuantitative Financial Economics provides a comprehensive introduction to models of economic behaviour in financial markets, focusing on analysis in discrete time. Following the huge success of the first edition, this second edition has been fully revised and updated to reflect new developments in theory and practice, including: \u003c\/p\u003e\n\u003cul\u003e\n\u003cli\u003eBehavioural finance: Preferences, arbitrage and learning\u003c\/li\u003e \u003cli\u003eMean-variance and intertemporal asset allocation\u003c\/li\u003e \u003cli\u003ePerformance of mutual and hedge funds\u003c\/li\u003e \u003cli\u003eMomentum, value-glamour strategies, style investing, market timing.\u003c\/li\u003e \u003cli\u003eStochastic discount factor models: Equity premium and volatility puzzles\u003c\/li\u003e \u003cli\u003eAffine and cash-in-advance models\u003c\/li\u003e \u003cli\u003eValue at risk: Monte Carlo simulation, bootstrapping.\u003c\/li\u003e \u003cli\u003eMarket microstructure: FX markets, technical trading, chartism\u003c\/li\u003e \u003cli\u003eCalibration, regime switching, data snooping, non-linear models.\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eThe authors provide theories and tests of competing ideas in financial markets using examples from the stock, bond and foreign exchange markets. Emphasis is placed on how models inform real-world decisions, making this book accessible to both students and quants practitioners studying the behaviour of asset returns and prices. \u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eREVIEWS FOR 1ST EDITION\u003c\/b\u003e \u003c\/p\u003e\n\u003cp\u003eReview of 1st edition in \u003ci\u003eJournal of Banking and Finance\u003c\/i\u003e (22, pp 121-124): \u003c\/p\u003e\n\u003cp\u003e\u003ci\u003e“In general the book is well written with a lucid exposition and Cuthbertson is eager on giving intuitive explanations whenever possible. Thus students and empirical researchers in macroeconomics and finance will undoubtedly find the book very valuable.”\u003c\/i\u003e\u003cbr\u003e \u003cb\u003eTom Engsted, Aarhus School of Business, Aarhus, Denmark\u003c\/b\u003e \u003c\/p\u003e\n\u003cp\u003eReview of 1st edition in \u003ci\u003eJournal of Finance\u003c\/i\u003e (53(1), pp. 417-420): \u003c\/p\u003e\n\u003cp\u003e\u003ci\u003e“I found the book accessible and informative on a variety of topics. It provided me with a different perspective on some of the recent empirical literature. I believe that many finance doctoral student and academics would find it to be a useful resource and a handy reference.”\u003c\/i\u003e\u003cbr\u003e \u003cb\u003eRobert F. Whitelaw, Stern School of Business, NYU\u003c\/b\u003e \u003c\/p\u003e\n\u003cp\u003eThe book has a supporting website \u003cb\u003ehttp:\/\/www.wiley.co.uk\/cuthbertson\u003c\/b\u003e which includes questions and answers, illustrative Excel and GAUSS programmes and econometrics notes.\u003c\/p\u003e\n\u003c\/div\u003e\u003cdiv\u003e  \u003cp\u003e\u003cb\u003eKeith Cuthbertson \u003c\/b\u003eis Professor of Finance at CASS Business School, City University, London. He has been an advisor to the Bank of England and UK Treasury and a visitor at the Federal Reserve, Washington DC and Bundesbank Professor at the Freie University, Berlin. He has held chairs at the University of Newcastle and Tanaka Business School, Imperial College, as well as undertaking consultancy with financial institutions. \u003c\/p\u003e\n\u003cp\u003e\u003cb\u003eDirk Nitzsche\u003c\/b\u003e is an Associate Professor in Finance at CASS Business School and previously was at the Tanaka Business School, Imperial College. \u003c\/p\u003e\n\u003cp\u003eComplementary texts by the same authors are \u003ci\u003eInvestments: Spot and Derivatives Markets\u003c\/i\u003e, and \u003ci\u003eFinancial Engineering: Derivatives and Risk Management\u003c\/i\u003e (2001) both published by John Wiley \u0026amp; Sons, Ltd. \u003c\/p\u003e\n\u003c\/div\u003e\u003cbr\u003e\u003ctable\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublication Date: \u003c\/td\u003e\n\u003ctd\u003e04 January 2005\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublisher: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eImprint: \u003c\/td\u003e\n\u003ctd\u003eWiley\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eISBN-13: \u003c\/td\u003e\n\u003ctd\u003e9780470091715\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eFormat: \u003c\/td\u003e\n\u003ctd\u003ePaperback \/ softback\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePage Count: \u003c\/td\u003e\n\u003ctd\u003e736\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eWeight (oz): \u003c\/td\u003e\n\u003ctd\u003e48.8\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/table\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":44310369370252,"sku":"9780470091715","price":75.56,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9780470091715_b1940e18-140a-4a5d-888f-23dd359a09dd.jpg?v=1780194592","url":"https:\/\/lateknightbooks.com\/products\/9780470091715","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}