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Special Report on

Writings on Quantitative Finance

writings on quantitative finance special research report Photo by
Tilburg University is renowned for its programme in Econometrics and Operations Research, a unique combination of economics, mathematics and statistics. In this field of quantitative economics the University offers three one-year Master of Science programmes. The three one-year Master of Science programmes are in the field of quantitative economics: Econometrics and Mathematical Economics, Operations Research and Management Science and Quantitative Finance and Actuarial Science. These three Master's programmes are particularly suitable for students who want to apply quantitative methods (mathematics and/or statistics) ...
The purchases, by way of account deposits, give banks the excess reserves required for them to create new money by the process of deposit multiplication from increased lending in the fractional reserve banking system. The increase in the money supply thus stimulates the economy. Risks include hyperinflation as a result of the policy being too effective, and banks opting not to lend despite an increase in their deposits. 1 "Quantitative" refers to the fact that a specific quantity of money is being created; "easing" refers to reducing the pressure on banks. 2 However, another explanation is the ...
Javier Izquierdo: Tribute to a SSF pioneer « socializing finance
Earlier this week, Fabian Muniesa wrote to me saying that Javier Izquierdo died last the previous week. Javier was one of the unsung heroes of SSF: his insights and ideas inspired and motivated my thinking about the performativity of financial economics and, more generally, his take on sociology of finance was clearly pioneering. In 2001, Javier published the paper ‘RELIABILITY AT RISK The supervision of financial models as a case study for reflexive economic sociology’, ( European Societies , 3:1, 69-90). In that paper, he sketches the broad mechanics of what later came to be known as performativity of economic ... market research, surveys and trends
stochastic calculus for finance ii: continuous-time models ...
Stochastic Calculus for Finance evolved from the first ten years of the Carnegie Mellon Professional Master’s program in Computational Finance. The content of this book has been used successfully with students whose mathematics background consists of calculus and calculus-based probability. The text gives both precise statements of results, plausibility arguments, and even some proofs, but more importantly intuitive explanations developed and refine through classroom experience with this material are provided. The book includes a self-contained treatment of the probability theory needed for stochastic calculus, including ... market research, surveys and trends


Nassim Taleb: clown of quantitative finance « Locklin on science
One of my fundamental realizations in life is that popular media in the 20th and 21st century is no better at conveying information than the “yellow journalism” of the Robber Baron era. A corollary to this is that most popular science “experts” are clowns. I realized this almost immediately in physics, as I had the good fortune to meet a couple of the charlatans I admired as a youth. It would be incredibly solipsistic of me to assume that this was only true in physics, but that is in fact what I assumed. Until I gained enough expertise in other fields to see through the impostures. The most popular ... industry trends, business articles and survey research
I'm sure there's a need for prisoners to have banking services, but one would think security would be a high priority at such an institution. From the Wall Street Journal : Dwelling House Savings & Loan Association, one of the country's few institutions to provide bank accounts to prisoners, failed last year after regulators warned the Pittsburgh S&L that its computer systems were vulnerable. Dwelling House was later hacked by cyber-thieves, who siphoned as much as $4 million out of its coffers. Most criminals are truly stupid--unintelligent, uneducated--because criminality tends to not payoff in the long run, ... industry trends, business articles and survey research
Stock Market Approaches Bear Territory, S&P Near-Term Price Target 900
The S&P 500 is just about in official bear market territory (conventionally defined as down 20%). While the index closed on the stock market at about 1023 on Friday July 2, the CME Globex E-Mini index futures are at about 1006 at about 10:00 PM on July 5 before the July 6 open. That would place the index down 17.6%, and moving steeply downward. CME Globex E-Mini Futures (for July 6 at approx. 10:00 pm July 5) -- daily CME Globex E-Mini Futures (for July 6 at approx. 10:00 pm July 5) -- monthly We think it is rather hard to cling to the argument that what we have seen since late April is just a reaction or a ... market trends, news research and surveys resources


1 ROBERT E. WHALEY Office Address: The Owen Graduate School of ...
Institute for Quantitative Research in Finance Grant, 1981-82 ..... Finance 42 ( June 1987), 301-320. Also in Selected Writings on Futures Markets: The ... technology research, surveys study and trend statistics
International Finance Discussion Papers Number 231 October l983
International Finance Discussion Papers. Number 231. October l983. A QUANTITATIVE REASSESSMENT OF THE PURCHASING POWER PARITY ... technology research, surveys study and trend statistics
Fractal and Multifractal Finance - Benoit B. Mandelbrot
The variation of financial prices has been the topic of a large number of papers I published since 1960 and further papers are on the way. My successive models are now called mesofractal , unifractal and multifractal . One very good thing is that they have been widely adopted, though all often under different names. In 1964 my stress on the importance of crashes, even of instantaneous discontinuities, was called "revolutionary" but now it has become almost banal. A more general good thing resides in the wide recognition, today, that my goal ...
Is there any quantitative evidence that ghost/spirits/paranormal ...
Honestly? So many people believe and yet I have found no credible scientific writings on the subject. People are all wrapped up in it and they don't know. All of the paranormal seems like paranoia. Answerer 1 Yep, there is so much evidence that it's not even funny. What isn't credible is the way that it's being ignored by pseudo scientists who cherry pick only the least credible cases and who refuse to investigate the credible ones. For example, there are literally hundreds of sites where there have been consistent reports of paranormal activity for centuries. Where investigators have set up ...
Can we rely on correlations? The view of Nassim Nicholas Taleb ...
It was based on correlation between smoking and occurrence of various health problems that eventually convinced the public that smoking was dangerous. Otherwise, tobacco industry for years tried to counter it by saying that there were so many other factors, and we could not look at a single one in isolation and jump to any conclusions The irony is that the tobacco industry was technically correct. For instance, if a severe climate change reduced our lifespan to only 20 years, it would make smoking a great pass-time (as I remember from my teenage years; it actually stimulated intellectual activity.) In other words, multivariate ...