Enterprise Risk Management: Guidance for Practical Implementation and Assessment
This new publication includes invaluable guidance for anyone responsible for or advising on an enterprise risk management process (ERM), whether the process is in its early stages or is already well...
View ArticleSpecial Considertations in Auditing Financial Instruments
Entities of all sizes may be subject to risks of material misstatement when using financial instruments. This Audit Guide provides an in-depth understanding of financial instruments, as well as...
View ArticleSmart Risk Management: A Guide to Identifying and Calibrating Business Risks
Management accountants must be able to define the payoffs from their organisation's risk taking, as well as identify, understand, and reduce the negative effects of everyday business risks. This book...
View ArticleBudgeting, Forecasting and Planning In Uncertain Times
Budgeting, planning and forecasting are critical management tasks that not only impact the future success of an organization, but can threaten its very survival if done badly.read more...
View ArticleEuropean banking supervision, the role of stress test. Some brief...
A quick review of European financial stability institutions and the role of stress tests in the current juridical system.
View ArticlePredictability Hidden by Anomalous Observations. (arXiv:1612.05072v1 [q-fin.ST])
Testing procedures for predictive regressions with lagged autoregressive variables imply a suboptimal inference in presence of small violations of ideal assumptions. We propose a novel testing...
View ArticleDynamic Modeling of Price Responsive Demand in Real-time Electricity Market:...
In this paper, we study the price responsiveness of electricity consumption from empirical commercial and industrial load data obtained from Texas. Employing a dynamical system perspective, we show...
View ArticleA diagnostic criterion for approximate factor structure. (arXiv:1612.04990v1...
We build a simple diagnostic criterion for approximate factor structure in large cross-sectional equity datasets. Given a model for asset returns with observable factors, the criterion checks whether...
View ArticleClik here to view.
Bank lending and loan quality: the case of India
This paper analyses how non-performing loans (NPLs) of Indian banks behave through the cycle. We find that a one-percentage point increase in loan growth is associated with an increase in NPLs over...
View ArticleEconomic resilience: a financial perspective
"Economic resilience: a financial perspective", note submitted to the G20 on 7 November 2016. One aspect of resilience that is often underappreciated concerns financial imbalances. A resilient economy...
View Article5 Tools to Organize Your Research in 2017
When I’m researching my desk looks like a tornado of pdfs hit my computer desktop and blew them clear onto my actual desktop. It’s a mess, but I can’t touch anything or else I won’t know where anything...
View ArticleHigh Returns from Low Risk: A Remarkable Stock Market Paradox
For generations investors have believed that risk and return are inseparable. But is this really true? In High Returns from Low Risk, Pim van Vliet, founder and fund manager of multi-billion...
View ArticleWiley: Plumbers and Visionaries by Peter Norman Selected as the Yearâs...
New book! Plumbers and Visionaries by Peter Norman Selected as the Yearâs Most Popular Financ... https://t.co/N5A9DYieDL via @wiley_finance â moneyscienceâ¦
View ArticleWhen Donald Trump Hate-Tweeted Lockheed Martin, Hedge Funds Were Ready
Sentiment, Donald Trump & Lockheed Martin https://t.co/aGptRZNJmN â moneyscience (@moneyscience) December 15, 2016
View ArticleForbes Welcome
Billionaire Dan Loeb's Quant Trading Effort Sparked Legal Battle Over 32-Year-Old Data Scientisthttps://t.co/rEHRLLpnBD â moneyscience (@moneyscience) Decemberâ¦
View ArticleClik here to view.
A Failure of Insurance Regulation
Credit: Bloomberg || Graph of Penn Treaty’s stock price 2002-2009read more...
View ArticleClik here to view.
Extreme prices in electricity balancing markets from an approach of...
An increase in energy production from renewable energy sources is viewed as a crucial achievement in most industrialized countries. read more...
View ArticleStratified regression-based variance reduction approach for weak...
In this paper we suggest a modification of the regression-based variance reduction approach recently proposed in Belomestny et al. This modification is based on the stratification technique and allows...
View Article