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Financial Innovations and Market Volatility
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In this book, Nobel Laureate Merton Miller presents a sustained attack on the popular view that modern financial innovations have created excessive market volat
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This book discusses various aspects of blockchains in economic systems and investment strategies in crypto markets. It first addresses the topic from a conceptu
Forecasting Volatility in the Financial Markets
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Forecasting Volatility in the Financial Markets, Third Edition assumes that the reader has a firm grounding in the key principles and methods of understanding v
Financial Innovation: Theories, Models and Regulation
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Financial innovation is a regular feature of the global financial system. Financial innovation results in greater economic efficiency over time. In the process
The Origins and Development of Financial Markets and Institutions
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Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this