1.

Record Nr.

UNINA9910454066103321

Titolo

Recent developments in mathematical finance [[electronic resource] ] : International Conference on Mathematical Finance, Shanghai, China, 10-13 May 2001 / / editor Jiongmin Yong

Pubbl/distr/stampa

Singapore ; ; River Edge, NJ, : World Scientific, 2002

ISBN

1-281-94836-5

9786611948368

981-279-957-5

Descrizione fisica

1 online resource (288p. ) : illustrations

Altri autori (Persone)

YongJ <1958-> (Jiongmin)

Disciplina

332.63/2/0151

Soggetti

Business mathematics

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Machine generated contents note: Preface v -- Dynamic Asset Management: Risk Sensitive Criterion with Nonnegative Factors Constraints 1 -- A. Bagchi and K. S. Kumar -- Intensity-Based Valuation of Basket Credit Derivatives 12 -- T. R. Bielecki and M. Rutkowski -- Comonotonicity of Backward Stochastic Differential Equations 28 -- Z. Chen and X. Wang -- Some Lookback Option Pricing Problems 39 -- X. Guo -- Option Pricing in a Market Where the Volatility Is Driven by Fractional Brownian Motions 49 -- Y. Hu -- Optimal Investment and Consumption with Fixed and Proportional Transaction Costs 60 -- H. Liu -- Sharp Estimates of Ruin Probabilities for Insurance Models Involving Investments 72 -- J. Ma and X. Sun -- Risk-Sensitive Optimal Investment Problems with Partial Information on Infinite Time Horizon 85 -- H. Nagai and S. Peng -- Filtration Consistent Nonlinear Expectations 99 -- F. Coquet, Y. Hu, J. Memin, and S. Peng -- Pricing and Hedging of Index Derivatives under an Alternative Asset Price Model with Endogenous -- Stochastic Volatility 117 -- D. Heath and E. Platen -- Risk Sensitive Asset Management with Constrained -- iaing Strategies 127 -- T. R. Bielecki, D. Hernandez-Hernandez, and S. R. Pliska -- On Filtering in Markovian Term Structure Models 139 -- C. Chiarella, S. Pasquali, and W. J. Runggaldier -- A



Theory of Volatility 151 -- A. Savine -- Discrete Time Markets with Transaction Costs 168 -- L. Stettner -- The Necessity of No Asymptotic Arbitrage in APT Pricing 181 -- X. Lin, X. Liu, and Y. Sun -- Financial Mean-Variance Problems and Stochastic LQ Problems: Linear Stochastic Hamilton Systems and Backward Stochastic Riccati Equations 190 -- S. Tang -- Options on Dividend Paying Stocks 204 -- R. Beneder and T. Vorst -- Some Remarks on Arbitrage Pricing Theory 218 -- J. Xia and J. Yan -- Risk: From Insurance to Finance 228 -- H. Yang -- Using Stochastic Approximation Algorithms in Stock Liquidation 238 -- G. Yin, Q. Zhang, and R. H. Liu -- Contingent Claims in an Illiquid Market 249 -- H. Liu and J. Yong -- Arbitrage Pricing Systems in a Market Driven by an Ito Process 263 -- S. Luo, J. Yan, and Q. Zhang -- Participants of the Conference 273.

Sommario/riassunto

An exploration of developments in mathematical finance, containing the proceedings of a conference on the subject. The papers address the pricing of various contingent claims within different frameworks, risk-sensitive problems, optimal investment, defaultable term structure, and more.

2.

Record Nr.

UNINA9910959022503321

Autore

Ghura Dhaneshwar

Titolo

Oil and Growth in the Republic of Congo / / Dhaneshwar Ghura, Rina Bhattacharya

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613825766

9781462394197

1462394191

9781452797564

1452797560

9781283513319

1283513315

9781451989229

1451989229

Edizione

[1st ed.]

Descrizione fisica

1 online resource (41 p.)

Collana

IMF Working Papers

Altri autori (Persone)

BhattacharyaRina

Soggetti

Petroleum - Democratic Republic of the Congo

Oil industries - Democratic Republic of the Congo

Agricultural and Natural Resource Economics

Currency

Energy: Demand and Supply



Energy: General

Environmental and Ecological Economics: General

Environmental management

Foreign Exchange

Foreign exchange

Industries: Energy

Investment & securities

Investments: Energy

Macroeconomics

Natural Resources

Natural resources

Nonrenewable Resources and Conservation: General

Oil prices

Oil sector

Oil

Petroleum industry and trade

Petroleum, oil & gas industries

Prices

Real effective exchange rates

Congo, Democratic Republic of the

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"August 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. POLITICAL AND SECURITY SITUATION ""; ""III. ECONOMIC PERFORMANCE SINCE 1970""; ""IV. THE ROLE OF OIL IN CONGO""; ""V. NATURAL RESOURCES AND GROWTH""; ""VI. EMPIRICAL ANALYSIS OF THE DETERMINANTS OF ECONOMIC GROWTH""; ""VII. REAL EFFECTIVE EXCHANGE RATE DETERMINANTS""; ""VIII. CONCLUSIONS AND POLICY IMPLICATIONS""; ""List of Acronyms""; ""References""

Sommario/riassunto

This paper investigates the linkages between oil and growth in Congo, where there appears to be no evidence of direct spillover effects. The empirical results suggest however that political instability has a negative effect on non-oil growth, and that the presence of oil could have fueled political instability by being associated with weakening institutions. The results also show that fiscal discipline is beneficial for growth. In addition, there are strong linkages between world oil prices and the real effective exchange rate, with movements in the latter having important indirect repercussions for growth.