Practical tools and advice for managing financial risk, updated for a post-crisis world Advanced Financial Risk Management bridges the gap between the idealized assumptions used for risk valuation and the realities that must be reflected in management actions. It explains, in detailed yet easy-to-understand terms, the analytics of these issues from A to Z, and lays out a comprehensive strategy for risk management measurement, objectives, and hedging techniques that apply to all types of institutions. Written by experienced risk managers, the book covers everything from the basics of present value, forward rates, and interest rate compounding to the wide variety of alternative term structure models. Revised and updated with lessons from the 2007-2010 financial crisis, Advanced Financial Risk Management outlines a framework for fully integrated risk management. Credit risk, market risk, asset and liability management, and performance measurement have historically been thought of as separate disciplines, but recent developments in financial theory and computer science now allow these views of risk to be analyzed on a more integrated basis. The book presents a performance measurement approach that goes far beyond traditional capital allocation techniques to measure risk-adjusted shareholder value creation, and supplements this strategic view of integrated risk with step-by-step tools and techniques for constructing a risk management system that achieves these objectives. Practical tools for managing risk in the financial world Updated to include the most recent events that have influenced risk management Topics covered include the basics of present value, forward rates, and interest rate compounding; American vs. European fixed income options; default probability models; prepayment models; mortality models; and alternatives to the Vasicek model Comprehensive and in-depth, Advanced Financial Risk Management is an essential resource for anyone working in the financial field.
The lifetime of Francois Hotman (1524-1590) was one of the most tumultuous periods in European history. Donald R. Kelley shows how this protégé of Calvin and agent of many of the great Protestant princes became involved in ecclesiastical politics, Huguenot diplomacy, and conspiracy. One of the first modern revolutionaries, Hotman rebelled not only against his family and its faith, but against the laws and eventually the government of his country. As an embittered exile lie produced a voluminous body of propaganda aimed at recovering a lost political and religious innocence on which to found a new community. At the same time he was one of the greatest and most versatile scholars of his age, achieving distinction as a jurist, teacher, classical scholar, dialectician, theologian, and historian. His Franco-Giallia and Anti-Tribonian have fascinated generations of political theorists, and his letters, reports, and anonymous works are of inestimable value to historians. Originally published in 1973. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
The Routledge Dictionary of Economics, now in its third edition, provides the clearest, most authoritative definition of economic and financial terms available. The book is perfect for students and professionals interested in a broad range of disciplines including Business, Economics, Finance, and Accountancy and all additional subjects where a knowledge of these fields of essential. The dictionary has been updated to reflect the economic changes of the new Millennium including the emergence of experimental and behavioural economics, new political economy, the importance of institutions, globalization, environmental economics, financial crises and the economic emergence of China and India. It’s an international dictionary that includes succinctly explained A to Z entries and definitive explanations of the key terms, accompanied by a short bibliography and comprising supplementary online definitions. In a world where the reader is met with a barrage of conflicting and competing information, this book continues to provide a definitive guide to economics.
In this fascinating survey, F. Donald Logan introduces the reader to the Christian church, from the conversion of the Celtic and Germanic peoples through to the discovery of the New World.
There is no area in medicine that has affected biological psychiatry more pro 15 years in en foundly than the developments that have occurred in the last docrinology and more specifically in neuroendocrinology. In the 1960s, the regulation of endocrine function was considered to rest primarily in the feed back system between the pituitary and the secretions of various target organs. In R. H. Williams' Fourth Edition of the Textbook of Endocrinology published in 1968, the chapter on neuroendocrinology did refer to the median eminence gland with a relatively brief mention of various releasing factors that were the subject of ongoing studies. Only six years later, in the Fifth Edition published in 1974, Seymour Reichlin's chapter on neuroendocrinology listed nine specific hypothalamic releasing factors of which three had already been isolated and purified and thus were referred to as hormones. Most recently in the current Sixth Edition, published in 1981, the chapter on neuroendocrinology contains a detailed description of the physiology of the various hypothalamic releasing factors and hormones, but also significant emphasis is given to the various neurotransmitters that have been shown to regulate the synthesis and release of these important hypothalamic hormones. In addition, there appeared for the first time in this classic textbook a chapter on psychoendocrinology. One may wonder why there is so much interest not only in endocrinology but more recently in psychology and psychiatry about psychoneuroendocrine It has been known for some time function. Several reasons may be suggested.
This edition includes material on environmentalism and the law, international environmental law, access to environmental justice, noise pollution and new legislation on pollution prevention and new case law.
Within technical overview sections on such emerging areas as bioprocessing, bioconversion, biosolubilization, biosystems and biocleaning, this handsomely illustrated reference specifically surveys pioneering work in the genetic production of sulfatase enzymes for removing organic sulfur from coal; r
This second volume of essays by Professor Kelley takes the study of history as its starting point, then extends explorations into adjacent fields of legal, political, and social thought to confront some of the larger questions of the modern human sciences. The first group of papers examine the historiography of the Protestant Reformation and then of the Romantic and Victorian periods; the last section focuses on the legal tradition and its interpretation in relation to social and cultural, as well as historical thought, in the period from the Renaissance to the French Revolution. Throughout, the author’s interest is to analyse how people at different times have viewed their past - and reconstructed and utilised it in the service of their present concerns.
As its name implies, the Reformed tradition grew out of the 16th century Protestant Reformation. The Reformed churches consider themselves to be the Catholic Church reformed. The movement originated in the reform efforts of Huldrych Zwingli (1484-1531) of Zurich and John Calvin (1509-1564) of Geneva. Although the Reformed movement was dependent upon many Protestant leaders, it was Calvin's tireless work as a writer, preacher, teacher, and social and ecclesiastical reformer that provided a substantial body of literature and an ethos from which the Reformed tradition grew. Today, the Reformed churches are a multicultural, multiethnic, and multinational phenomenon. The second edition of the Historical Dictionary of the Reformed Churches contains information on the major personalities, events, facts, movements, and beliefs of the Reformed churches. This is done through a list of acronyms and abbreviations, a chronology, an introductory essay, appendixes, a bibliography, and over 800 cross-referenced dictionary entries on leaders, personalities, events, facts, movements, and beliefs of the Reformed churches.
This is the first major study of the conservative or basilectal English creoles of the Anglophone Caribbean since Bailey's (1966) and Bickerton's (1975) descriptions of Jamaican and Guyanese Creole respectively. The book offers a comprehensive, unified treatment of the core areas of CEC predication, including the verb complex, auxiliary ordering, voice and valency, copular and attributive predication, serial verb constructions and complementation. Particularly note-worthy is its utilization of an extremely rich data base and a variety of sources to provide an up-to-date, state of the art account of predicate structures in CEC. The book presents new analyses of several areas of CEC syntax, including such phenonema as passivization, serialization and complementation, which have not been thoroughly analyzed, if at all, in the previous literature. The areas covered in the book involve a wide range of grammatical phenomena centering around the various sub-classes of verb and their subcategorization. The book consists of an introduction, a conclusion, and six chapters, each of which explores some aspect of the behavior of verbs (or verb-like predicators) and the constructions in which they occur. The book is intended to be a pre-theoretical account of the facts of CEC predication. However, to further elucidate the workings of the grammar and add some degree of explicitness to the description, the author also presents more formal analyses of the grammatical phenomena, employing the framework of Generalized Phrase Structure Grammar (GPSG).
Mining the Earth's Heat: Hot Dry Rock Geothermal Energy describes the work carried out by the Los Alamos National Laboratory to turn an idealistic concept - that of drawing useful amounts of energy from the vast underground store of hot rock at reachable depths - into a practical reality. This book provides comprehensive documentation of the over two decades of experiments carried out at the test site at Fenton Hill, New Mexico, where the feasibility of accessing and extracting this vast natural resource was finally demonstrated. It also discusses the numerous technical, administrative, and financial hurdles that had to be overcome along the way. This publication will no doubt prove invaluable to researchers around the world as they strive to move this now-proven technology toward commercial viability. In addition, it is a valuable source of relevant information for anyone interested in the world energy outlook for the 21st century and beyond.
Uniquely in the kingdoms of western Christendom, the Scottish bishops obtained authority, in 1225, to hold inter-diocesan meetings without a supervisory archbishop, and continued to meet in this way for nearly 250 years. Donald Watt provides an authoritative study of these church councils from the Latin and English records based on original sources.In addition to creating an original work of considerable historical interest, Professor Watt brings discussion of the councils and their significance into the broader context of Scotland's political, legal, ecclesiastical and social situation over a long period.An important contribution to Scottish church history and to its influence on contemporary affairs.
Within these pages are the last two previously unpublished works from notable American evangelical theologian, Donald. G. Bloesch. In his spiritual autobiography, Faith in Search of Obedience, Bloesch describes the foundation upon which own theology is based, namely, "a faith in search of obedience." This honest and challenging work reveals and reminds how we are justified by faith alone, but that faith drives us to obey and delight in God's law as we strive to perfect love through the Gospel of Jesus Christ. The Paradox of Holiness presents the theology of spiritual life as it is shaped and defined by the Word of God. Through this theological exposition, Bloesch presents and explores the paradox that exists in the pursuit of holiness for those who believe. For the theologian, pastor or lay person who is seeking to combine Word and Spirit, doctrine and life, into an active theology, this two-in-one volume by Donald Bloesch provides an honest and sober account of the challenges that may arise throughout the Christian pilgrimage, while pointing toward the hope, encouragement and new life that comes through the triumph of Christ on the cross.
Donald Judd Interviews presents sixty interviews with the artist over the course of four decades, and is the first compilation of its kind. It is the companion volume to the critically acclaimed and bestselling Donald Judd Writings. This collection of interviews engages a diverse range of topics, from philosophy and politics to Judd’s insightful critiques of his own work and the work of others such as Mark di Suvero, Edward Hopper, Yayoi Kusama, Barnett Newman, and Jackson Pollock. The opening discussion of the volume between Judd, Dan Flavin, and Frank Stella provides the foundation for many of the succeeding conversations, focusing on the nature and material conditions of the new art developing in the 1960s. The publication also gathers a substantial body of unpublished material across a range of mediums including extensive interviews with art historians Lucy R. Lippard and Barbara Rose. Judd’s contributions in interviews, panels, and extemporaneous conversations are marked by his forthright manner and rigorous thinking, whether in dialogue with art critics, art historians, or his contemporaries. In one of the last interviews, he observed, “Generally expensive art is in expensive, chic circumstances; it’s a falsification. The society is basically not interested in art. And most people who are artists do that because they like the work; they like to do that [make art]. Art has an integrity of its own and a purpose of its own, and it’s not to serve the society. That’s been tried now, in the Soviet Union and lots of places, and it doesn’t work. The only role I can think of, in a very general way, for the artist is that they tend to shake up the society a little bit just by their existence, in which case it helps undermine the general political stagnation and, perhaps by providing a little freedom, supports science, which requires freedom. If the artist isn’t free, you won’t have any art.” Donald Judd Interviews is co-published by Judd Foundation and David Zwirner Books. The interviews expand upon the artist’s thinking present in Donald Judd Writings (Judd Foundation/David Zwirner Books, 2016).
This unique book is an introductory guide to the life and theology of John Calvin (1509-64). Calvin's theology has been highly significant as a major expression of Protestant theology. Reformed churches throughout the world appropriate Calvin's theological understandings and find his work provides important insights into Scripture and communicates a vibrant Christian faith. The first part of this book describes events in Calvin's life that helped shape his major work, the Institutes of the Christian Religion. The second part follows the flow of the Institutes and provides a narrative exposition of this major work, with numerous quotations of Calvin's own words. This enables readers to hear Calvin's voice as his views are explained. This close reading of Calvin opens the door to further, more thorough Calvin studies.
This comprehensive analysis of garbage trafficking, wildlife trafficking, illegal fishing, and illegal logging highlights the difficulty in balancing human interests and environmental responsibility. The alarming consequences of eco-crime go far beyond the widespread degradation of the natural world; important societal institutions are undermined and negative social and economic impacts also result from garbage trafficking, wildlife trafficking, illegal fishing, and illegal logging. In order to successfully combat these problems, a consistent, international response will be necessary. Crimes Against Nature: Illegal Industries and the Global Environment addresses an important topic that is largely unknown and rarely documented other than in reports published by environmental NGOs and a limited number of academic articles and journalistic accounts. A comprehensive and up-to-date description of each illicit industry is provided, emphasizing the damages caused, the transnational nature of these activities, the roles played by organized crime and public and private elites, and the range of possible solutions. The author addresses the complexity of balancing human concerns with environmental interests and concludes with information regarding promising recent developments.
Outlines an approach to high-performance problem solving and decision making that draws on insights from survival guides, pop culture, and other sources.
Praised for its scope and depth, Asia in the Making of Europe is the first comprehensive study of Asian influences on Western culture. For volumes I and II, the author has sifted through virtually every European reference to Asia published in the sixteenth-century; he surveys a vast array of writings describing Asian life and society, the images of Asia that emerge from those writings, and, in turn, the reflections of those images in European literature and art. This monumental achievement reveals profound and pervasive influences of Asian societies on developing Western culture; in doing so, it provides a perspective necessary for a balanced view of world history. Volume I: The Century of Discovery brings together "everything that a European could know of India, Southeast Asia, China, and Japan, from printed books, missionary reports, traders' accounts and maps" (The New York Review of Books). Volume II: A Century of Wonder examines the influence of that vast new body of information about Asia on the arts, institutions, literatures, and ideas of sixteenth-century Europe.
This paper reports the on-off nature of emerging market access to international capital markets appears to have become a key characteristic of international financial markets. Emerging market borrowers have begun to adapt: when the market for US dollar-denominated bonds has closed, these borrowers turn to the syndicated loan markets, attempt to issue in bonds denominated in euro or yen, or issue in local-currency bond markets. In addition, they employ staff with extensive experience in investment banking and securities trading, exploit “windows of opportunity” to prefund their yearly financing requirement, and engage in debt exchanges to extend the maturity of their debt and avoid a bunching of maturities. The consolidation of financial institutions is driven by attempts to exploit economies of scale and scope, and technological advances such as the Internet and deregulation that facilitate universal banking activities are making it easier to reap such economies. Advances in technology are also transforming the securities trading industry.
Bringing to bear their own individual talents and training in philosophy and photography, the authors explore for the first time--and with uncommon insight--Nietzsche's aesthetic world. Krell's masterful translations of the thinker's most evocative writings on his work sites merge seamlessly with Bates's penetrating photographic essays. 240 photos, 65 in color.
A concise analysis of the evolution of monetary policy and banking institutions over the past sixty years that stresses the dynamic interactions between the Federal Reserve and banking institutions that resulted from financial market innovations. Institutions were influenced by increasing competition in markets and monetary policies. The book consists of two parts, which are organized chronologically. The first has chapters that correspond with terms of chairmen of the Federal Reserve Board. It critically analyzes decisions taken by the Federal Open Market Committee in each period and argues that innovations forced changes in the design and conduct of monetary policy. The second part analyzes how banking institutions evolved from a very conservative and regulated system in 1945 to highly inventive financial firms and how this evolution has affected the distribution of credit, wealth, and income in the US.
The Renaissance of Etching is a groundbreaking study of the origins of the etched print. Initially used as a method for decorating armor, etching was reimagined as a printmaking technique at the end of the fifteenth century in Germany and spread rapidly across Europe. Unlike engraving and woodcut, which required great skill and years of training, the comparative ease of etching allowed a wide variety of artists to exploit the expanding market for prints. The early pioneers of the medium include some of the greatest artists of the Renaissance, such as Albrecht Dürer, Parmigianino, and Pieter Bruegel the Elder, who paved the way for future printmakers like Rembrandt, Goya, and many others in their wake. Remarkably, contemporary artists still use etching in much the same way as their predecessors did five hundred years ago. Richly illustrated and including a wealth of new information, The Renaissance of Etching explores how artists in Germany, the Netherlands, Italy, and France developed the new medium of etching, and how it became one of the most versatile and enduring forms of printmaking. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 14.0px Verdana}
Through his single-minded insistence on the priority of the Bible in the life of the church, Karl Barth (1886-1968) decisively shaped the course of twentieth-century Christian theology. Drawing on both familiar texts and recently published archival material, Barth's Theology of Interpretation sheds new light on Barth's account of just what it is that scripture gives and requires. In tracing the movement of Barth’s earlier thinking about scriptural reading, the book also raises important questions about the ways in which Barth can continue to influence contemporary discussions about the theological interpretation of scripture.
Breakfast with Barth: Daily Devotions provides extracts from the writings of theologian Karl Barth. The short devotion that follows explains the meaning of Barth’s quotation in light of his overall writings. It also explores the meanings of Barth’s thought for contemporary Christian living. The goal is to introduce readers to Barth’s theology so it can be readily understood and also to see ways Barth’s theological insights—expressed in the initial quotation—can shape our beliefs and help us live the life of Christian faith in today’s world.
With unique scholarly analysis and practical discussion, this book provides a comprehensive introduction to the relationship between environmental protection and human rights being formalized into law in many legal systems. This book instructs on environmental techniques and procedures that assist in the protection of human rights. The text provides cogent guidance on a growing international jurisprudence on the promotion and protection of human rights in relation to the environment that has been developed by international and regional human rights bodies and tribunals. It explores a rich body of case law that continues to develop within states on the environmental dimension of the rights to life, to health, and to public participation and access to information. Five compelling contemporary case studies are included that implicate human rights and the environment, ranging from large dam projects to the creation of a new human right to a clean environment.
Synthesizing the findings from a wide range of disciplines – from biology and anthropology to philosophy and linguistics – the emerging field of Biosemiotics explores the highly complex phenomenon of sign processing in living systems. Seeking to advance a naturalistic understanding of the evolution and development of sign-dependent life processes, contemporary biosemiotic theory offers important new conceptual tools for the scientific understanding of mind and meaning, for the development of artificial intelligence, and for the ongoing research into the rich diversity of non-verbal human, animal and biological communication processes. Donald Favareau’s Essential Readings in Biosemiotics has been designed as a single-source overview of the major works informing this new interdiscipline, and provides scholarly historical and analytical commentary on each of the texts presented. The first of its kind, this book constitutes a valuable resource to both bioscientists and to semioticians interested in this emerging new discipline, and can function as a primary textbook for students in biosemiotics, as well. Moreover, because of its inherently interdisciplinary nature and its focus on the ‘big questions’ of cognition, meaning and evolutionary biology, this volume should be of interest to anyone working in the fields of cognitive science, theoretical biology, philosophy of mind, evolutionary psychology, communication studies or the history and philosophy of science.
Intended as a self-contained introduction to measure theory, this textbook also includes a comprehensive treatment of integration on locally compact Hausdorff spaces, the analytic and Borel subsets of Polish spaces, and Haar measures on locally compact groups. Measure Theory provides a solid background for study in both harmonic analysis and probability theory and is an excellent resource for advanced undergraduate and graduate students in mathematics. The prerequisites for this book are courses in topology and analysis.
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