Building upon the ideas introduced in their previous book, Derivatives in Financial Markets with Stochastic Volatility, the authors study the pricing and hedging of financial derivatives under stochastic volatility in equity, interest-rate, and credit markets. They present and analyze multiscale stochastic volatility models and asymptotic approximations. These can be used in equity markets, for instance, to link the prices of path-dependent exotic instruments to market implied volatilities. The methods are also used for interest rate and credit derivatives. Other applications considered include variance-reduction techniques, portfolio optimization, forward-looking estimation of CAPM 'beta', and the Heston model and generalizations of it. 'Off-the-shelf' formulas and calibration tools are provided to ease the transition for practitioners who adopt this new method. The attention to detail and explicit presentation make this also an excellent text for a graduate course in financial and applied mathematics.
The volumes in this collection are organized thematically and examine the history of key financial institutions before and after the establishment of the Federal Reserve.
This volume contains some research papers from the International Conference on Information Technology and Management organized by the Hong Kong Polytechnic University, in conjunction with the Institute of Systems Management (ISM). It comprises 30 selected and refereed papers in the development of enabling technologies, electronic commerce and knowledge management, and IT systems and applications. These papers feature the results of the latest research in the areas of information systems, enabling technologies, and business management, as well as potential applications in industries including education, finance, logistics, medical tourism, and IT services.
A lot of work is required to release an API, but the effort doesn't always pay off. Overplanning before an API matures is a wasted investment, while underplanning can lead to disaster. The second edition of this book provides maturity models for individual APIs and multi-API landscapes to help you invest the right human and company resources for the right maturity level at the right time. How do you balance the desire for agility and speed with the need for robust and scalable operations? Four experts show software architects, program directors, and product owners how to maximize the value of their APIs by managing them as products through a continuous lifecycle. Learn which API decisions you need to govern Design, deploy, and manage APIs using an API-as-a-product (AaaP) approach Examine 10 pillars that form the foundation of API product work Learn how the continuous improvement model governs changes throughout an APIâ??s lifetime Explore the five stages of a complete API product lifecycle Delve into team roles needed to design, build, and maintain your APIs Learn how to manage APIs published by your organization
Meteorites are the remnants of meteors from outer space that have survived the corridor of fire through Earth's atmosphere and landed on our planet. Rare, and bearing secrets about the formation of our Universe, these 'treasures from space' have fascinated people ever since they were first identified in the late 18th century as extraterrestrial arrivals. This jam-packed book by enthusiast and collector Ronnie McKenzie introduces the topic in straightforward language and is richly illustrated with some 200 photographs and diagrams. It discusses how to identify meteorites, where they come from and where they have landed on Earth, the many different types, and how to set about collecting them. It also dispels some of the myths about these stones, and presents some infamous meteorite scams. A handy basic guide for those new to the topic, and for anyone interested in entering the field of meteorite collecting.
The volumes in this collection are organized thematically and examine the history of key financial institutions before and after the establishment of the Federal Reserve.
This entertaining and enlightening book provides a guide to basic concepts and practices in capitalism, neoclassical economics, and political economy through an interpretation of popular films and novels of the past sixty years. Including works as varied as The Matrix, Lord of the Flies, The Dark Knight, Fight Club, and The Return of Martin Guerre, Ronnie D. Lipschutz describes and analyzes their essential role in the production and reproduction of contemporary society. His thoughtful and imaginative critique will bring to life the concepts and practices of economics and political economy for all readers.
The Storm In The Middle Of The Night" is a very helpful and practical book that can be used for self-study or in groups. The author's raw emotions and growth come through clearly as he works the reader through: FEELINGS...It's OK to grieve; QUESTIONS...It's not sinful to ask God questions in your mind; DOUBT; STATEMENTS FROM PEOPLE...Some healthy, others hurtful, dealing with loss; HONEST EMOTIONS; TRANSPARENCY...A pastor can hurt, too; and CHOICE...Deciding to move on.
Microservices architectures offer faster change speeds, better scalability, and cleaner, evolvable system designs. But implementing your first microservices architecture is difficult. How do you make myriad choices, educate your team on all the technical details, and navigate the organization to a successful execution to maximize your chance of success? With this book, authors Ronnie Mitra and Irakli Nadareishvili provide step-by-step guidance for building an effective microservices architecture. Architects and engineers will follow an implementation journey based on techniques and architectures that have proven to work for microservices systems. You'll build an operating model, a microservices design, an infrastructure foundation, and two working microservices, then put those pieces together as a single implementation. For anyone tasked with building microservices or a microservices architecture, this guide is invaluable. Learn an effective and explicit end-to-end microservices system design Define teams, their responsibilities, and guidelines for working together Understand how to slice a big application into a collection of microservices Examine how to isolate and embed data into corresponding microservices Build a simple yet powerful CI/CD pipeline for infrastructure changes Write code for sample microservices Deploy a working microservices application on Amazon Web Services
Can money buy happiness? Is income a reliable measure for life satisfaction? In this book, three economists explore the happiness-prosperity connection, investigating how economists measure life satisfaction and well-being. --
The volumes in this collection are organized thematically and examine the history of key financial institutions before and after the establishment of the Federal Reserve.
The volumes in this collection are organized thematically and examine the history of key financial institutions before and after the establishment of the Federal Reserve.
You witness a miracle, but life soon returns to normal. As you wait for the miracle to unfold, decades pass, yet that miraculous night forever changes your life. Even a Shepherd is Aaron's story, who, as a small shepherd boy, experiences history's greatest announcement--the long-awaited Savior, the Christ, has been born in nearby Bethlehem. Most of us have heard the Christmas nativity story in which an angel suddenly appears in the night sky to a small group of shepherds, announcing the great news. After rushing to the stable, the shepherds find the babe lying in a manger surrounded by his family and farm animals. After rejoicing at seeing the Holy Family, the herdsmen return to their flock. The shepherd's gospel story ends here, but let's imagine what life holds for the youngest of those shepherds. Over the pursuing years, that young boy, Aaron, finds his life has been forever changed by that night. He knew he had a wait for Jesus to grow to become his Savior; but after three long decades, Aaron finds himself asking, "What was that night all about? Why is this taking so long?" Even a Shepherd is a biblically based fiction that imagines and shares the gospels through the eyes and life of this one small shepherd boy--a story not yet told. As the reader follows Aaron's journey, they, too, will realize that in all of eternity, only Aaron and Jesus's mother, Mary, have experienced the entirety of Jesus's earthly life. From Jesus's birth, through his life, to his death and resurrection only they were there. Imagining Aaron's life interspersed with gospel stories, the author hopes the reader will have the scriptures come alive as they view Jesus's life through a new and exciting lens.
Forest Resource Policy in Latin America" gathers the thinking of a score of experts on sustainable use and management of forests, including incentives for investment. The authors tackle the thorny social issues of property rights, deforestation, and forest management and ownership by indigenous people and take a hard look at the trade and environmental issues in forest production that will affect future directions for sustainable forestry development in Latin America. Some argue that the main opportunity to conserve natural forests lies in recognizing and paying for the environmental services they provide. In addition, compensatory measures such as the establishment and better management of strictly protected areas appear to be the best tools to delay the loss of ecosystems and species. Alternative forest concession policies and trade and environmental issues in forest production are also analyzed.
This book argues that environmental problems are, first and foremost, political and, therefore, about power. Using a framework of political economy and political ecology, the authors deconstruct current environmental problems to identify root causes and address those problems through mobilization of collective action and social power. The second edition also offers: •Updated examples and stories of political struggles and the actors involved •Explicit attention to various forms of power in environmental politics, including structural and social power •Local politics and collective action as related to global environmental politics •Discussion of emerging issues such as synthetic biology; commodification and financialization of nature, including carbon markets; and geoengineering
Lead with God by your side. Moses had too many responsibilities, King David faced opposition, and Paul felt alone, but leaning into God’s guidance, these biblical leaders rallied people toward a better future. You, too, can tackle any challenge and move forward with vision however the Lord has called you to lead. Imparting principles from God’s Word and his own experiences, Ronnie Floyd will inspire you to lead with confidence in this 365-day devotional. Each day contains a Scripture passage, a morning devotion with a daily declaration, and an evening devotion with a prayer. Day by Day and Night by Night will help you ● listen for spiritual direction, ● make decisions with insight and humility, ● stand firm during change and trials, ● grow in your life and leadership, and ● trust Jesus every step of the way. Become a leader empowered by God’s continuous presence day by day and night by night.
This book outlines a radical new way of achieving social and environmental goals. including: * better health * higher educational standards * lower unemployment * cleaner air and water. Ronnie Horesh's idea has been widely praised by distinguished academics, and he has spoken about Social Bonds in many fora. This is the first full-length treatment of Social Policy Bonds.
Traditional views of global environmental politics take the structures and relations of international politics as a given. Solutions to environmental problems, then, must be products of concession, negotiation, and inevitable compromise—a world of top-down planetary management. Lipschutz challenges students to question these conventional approaches. He argues that much light can be shed on global environmental degradation if we look beyond the politics of conflict and cooperation and explore environmental problems from their very "roots." Using a framework that accounts for the ontologies, material conditions, and power relations that structure global environmental problems, Lipschutz is able to more effectively question attempts to clean up the globe and sustain the world′s natural resources. Throughout the text, the author uses compelling cases to illustrate the effects of globalization and capitalism, yet is careful to make the link between the local and the global to show how we, as individuals, are both consumers of goods and producers of pollution. A powerful new approach How is the financing of a water system in Bolivia linked to long-standing forestation practices in India? Taking nothing for granted, the root causes of major global environmental problems are exposed and subjected to rigorous analysis. Lipschutz shows, for instance, how privatization operates in different global contexts with strikingly similar consequences. In what ways are liberalism and realism actually two sides of the same coin? Both make self-interest—of the individual and of the state—key operating terms. In a revealing comparison, Lipschutz explores the limits of these dominant political models to effectively frame and solve environmental problems. What kinds of political, social, and environmental practices bring about meaningful change? By emphasizing the global impacts of local actions, the text shows how attempts to control environmental problems may actually reproduce the very systems they are meant to ameliorate. Combined with practical pedagogy Rich historical background helps contextualize contemporary issues. Extensive suggested reading lists at the end of each chapter guide students to further research, while tables and figures elegantly show data and concepts. The emphasis on assessing the root causes of global environmental problems and models encourages critical thinking. Students are also encouraged to rethink their own role in the global environmental system and to get involved in effective forms of social change.
Injecting Incentives Into the Achievement of Social and Environmental Outcomes: Social Policy Bonds This book outlines a radical new way in which market incentives can be injected into the achievement of social and environmental goals including: *better health *higher educational standards *lower unemployment *a stable world climate. Ronnie Horesh's idea has been widely praised by distinguished economists. He has spoken about Social Policy Bonds in many fora, including the OECD, Cambridge University and the UK Institute of Economic Affairs.
Water Management and Water Loss contains a selection of papers and articles written by various internationally recognised specialists in the field of water loss reduction. The articles have been drawn together from IWA conferences during the past 5 years and provide details of how water losses from Municipal distribution systems can be reduced. The book provides useful background information and reference materials to help explain the different approaches and interventions that are used to reduce water losses. Numerous real case studies are provided that highlight the processes and methodologies employed around the world to reduce water losses. Water Management and Water Loss covers many aspects of water loss control including, pressure management, leak detection and repair, Internal plumbing losses and retrofitting, community involvement and education/awareness, schools education and leak repair projects. Authors: Stuart Hamilton, Hydrotec Ltd.,Thorpe Underwood, Northants, UK and Ronnie McKenzie, Groenkloof, Pretoria, South Africa
What would international relations look like if our theories and analyses began with individuals, families, and communities instead of executives, nation-states, and militaries? After all, it is people who make up cities, states, and corporations, and it is their beliefs and behaviors that explain why some parts of the world seem so peaceful while others appear so violent, why some societies are so rich while others are so poor. Now in a fully updated and revised edition, this unique text on contemporary global politics begins with people, treating them as "social individuals" with free will and human agency even as they are limited and disciplined by rules and rulers. Offering a fresh approach to global politics, this dynamic author team trades perspectives with each other and with such eminent social theorists as Michel Foucault and Hannah Arendt to develop their resonant theme. Using practical examples as well as theory, the authors show students how they can take charge of their lives and the politics that affect them, even in the context of a vast global economy and impersonal international forces that sometimes seem out of control. Filled with idealism, yet firmly grounded in current realities, Global Politics as if People Mattered is a fresh take on the proper place and potential of individuals in world politics—front and center, actively engaged in a way of life that is as politically personal as it is politically powerful. This distinctive text, a perfect reading for lower-division politics courses, helps students to carve out their own political space in the contemporary global order.
This work presents a comprehensive history and evaluation of the role of the 100 percent reserve plan in the banking legislation of the New Deal reform era from its inception in 1933 to its re-emergence in the current financial reform debate in the US.
As a 'Medieval Warm Period' prevailed in Western Europe during the tenth and eleventh centuries, the eastern Mediterranean region, from the Nile to the Oxus, was suffering from a series of climatic disasters which led to the decline of some of the most important civilizations and cultural centres of the time. This provocative study argues that many well-documented but apparently disparate events - such as recurrent drought and famine in Egypt, mass migrations in the steppes of central Asia, and the decline in population in urban centres such as Baghdad and Constantinople - are connected and should be understood within the broad context of climate change. Drawing on a wealth of textual and archaeological evidence, Ronnie Ellenblum explores the impact of climatic and ecological change across the eastern Mediterranean in this period, to offer a new perspective on why this was a turning point in the history of the Islamic world.
The Heart of Atlanta Supreme Court decision stands among the court's most significant civil rights rulings. In Atlanta, Georgia, two arch segregationists vowed to flout the Civil Rights Act of 1964, the sweeping slate of civil rights reforms just signed into law by President Lyndon B. Johnson. The Pickrick restaurant was run by Lester Maddox, soon to be governor of Georgia. The other, the Heart of Atlanta motel, was operated by lawyer Moreton Rolleston Jr. After the law was signed, a group of ministry students showed up for a plate of skillet-fried chicken at Maddox's diner. At the Heart of Atlanta, the ministers reserved rooms and walked to the front desk. Lester Maddox greeted them with a pistol, axe handles, and a mob of White supporters. Moreton Rolleston refused to accept the Black patrons. These confrontations became the centerpiece of the nation's first two legal challenges to the Civil Rights Act. In gripping detail built from exclusive interviews and original documents, Heart of Atlanta reveals the saga of the case's rise to the US Supreme Court, which unanimously rejected the segregationists. Heart of Atlanta restores the legal cases and their heroes to their proper place in history.
You like me want to be happy and to share your happiness with your loved ones. The natural laws and principles in this book are powerful for bringing about personal changes and at the same time easy to understand and easy to apply. This Book is about a new way of thinking which is call Friendship with thought. The book contains life changing information. Because our feelings follow our thoughts this way of thinking puts you in the driving seat. It puts you in control of your feelings and in every situation you are, in. The book is direct and easy to understand. I have deliberately kept the paragraphs in small digestible bits so reading becomes easier. In this book, you will find some new strange ways of thinking. At first, this may be frightening to you in a wonderful way. That is because as humans we are naturally cautious about the unknown. People usually stick to what they know even if it causes them pain. To change from pain to happiness you must change even if this may be fearful at the beginning. As you start to see clearly, you will become confident and fearless. Also included in this book is what, is call the Breath method. You can use The Breath method to install and program in you whatever you choose to be and do. he principle of Friendship with Thought as explained in the book is simple to understand and easy to apply in your life. It is so simple; keep it that way you can waste a lot of time making it more difficult. It will take a little effort to remind your-self of this principle however, that effort is well worth it. The knowledge contain in these pages has the wonderful, amazing power to enable you to do and have anything and everything you want and choose. This is not your everyday thinking you may be shocked. However when you get over your shock you will be amazed. You may at last realize that this is what you have been looking for all your life. Your power is in your thought.
As memories of the Cold War recede, it becomes more and more difficult to remember what it was about and why it evoked such feelings of intensity and fatalism. Fortunately, we have a gold mine of movies and novels to help us recall why an entire generation of Americans grew up ducking under school desks in air raid drills and stocking the family bomb shelter. Cold War Fantasies retrieves those times, based on the idea that a nation's history, self-concept, and collective anxiety are reflected in popular culture. In Cold War Fantasies, Ronnie Lipschutz combines an historical account of foreign and domestic politics from 1945 to 1995 with summaries and analyses of thirty novels and films contemporaneously published and produced. Lipschutz rejects the standard line on the Cold War and critically examines the impacts and effects of language and images on politics. Viewing those films and reading those novels enables the reader to come away with a clearer sense of how people felt during the Cold War period—about themselves, about 'the enemy,' and about the world while living in the shadow of the atomic bomb.
After Authority offers an overview of the evolving international political "revolution," a historical perspective based on Lipschutz's writings over the years. It also examines the prospects for war and peace in the twenty-first century. During earlier "industrial revolutions," long-standing and apparently stable patterns of social behavior, economic exchange, and political authority came under challenge. Today, post World War Two institutions that were formed to create a peaceful, economically-prosperous world, are under severe challenge by globalization, liberalization, and social innovation. Old hierarchies of power and wealth have been undermined as people take advantage of new economic and political opportunities, and the resulting disruption of expectations leads to fear, uncertainty, instability, and violence.
The volumes in this collection are organized thematically and examine the history of key financial institutions before and after the establishment of the Federal Reserve.
The cruelest thing we can do is to let people remain in their sin when there is liberty to be lived. Ronnie W. Rogers Pastor Ronnie Rogers superb volume on disciplinehas provided the most detailed study that to my knowledge has been written in recent years. Dr. Paige Patterson, president of Southwestern Seminary Writing as a biblical theologian, Ronnie Rogersestablishes the foundation for church discipline.But Ronnie writes also as an experienced pastor who has worked out the biblical teaching on church discipline in real life. Dr. C. Richard Wells, distinguished professor of pastoral theology, The Criswell College Senior Pastor, South Canyon Baptist Church, Rapid City, SD Its hypocrisy for a local church to claim to believe the Bible and then willingly ignore the Bibles teaching on church discipline. Its refreshing to see a local church pastor like Ronnie Rogers cry out so clearly against the apathy and disobedience that prevails in most churches on this issue. Dr. Donald S. Whitney, associate professor of spiritual formation, Midwestern Baptist Theological Seminary
The title of this book is a play upon several important concepts and forces in the ongoing debate about American empire. Since September 11, 2001, the Bush administration and its counsels in the U.S. Department of Justice have been both constituting an empire of American hegemony and, in so doing, violating the spirit and the law of the American Constitution at home and abroad. The U.S. Constitution has been doing work in the "nonsovereign" spaces of Guantanamo Bay, Cuba, Abu Ghraib, Baghdad, and CIA black detention sites around the world. The reach of this constitution is becoming visible in National Security Agency surveillance and data mining of electronic communications between the United States and the rest of the world and in a myriad of other regulatory and legal demands made by the United States both of its citizens and of those living in and traveling among other countries. And, in testing the limits of its wished-for powers, the Bush administration seeks to constitute an imperium that, by its own definition, would be nowhere subject to the long-assumed checks of either the U.S. Constitution, Congress, the courts, or international law, for it operates outside of the boundaries of American sovereignty in defiance of the international community and the United Nations, and in violation of the law of nations. This book is the latest and perhaps sharpest entry in the burgeoning literature of American empire since Hardt and Negri. Its focus on the legal and institutional aspects of empire sets it apart from the literature on this subject.
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