By assuming it is possible to understand regression analysis without fully comprehending all its underlying proofs and theories, this introduction to the widely used statistical technique is accessible to readers who may have only a rudimentary knowledge of mathematics. Chapters discuss:-descriptive statistics using vector notation and the components of a simple regression model;-the logic of sampling distributions and simple hypothesis testing;-the basic operations o...

Here is the revised and updated tenth anniversary edition of the #1 New York Times bestseller.Over the past decade, A Patriot’s History of the United States has become the definitive conservative history of our country, correcting the biases of historians and other intellectuals who downplay the greatness of America’s patriots. Professors Schweikart and Allen have now revised, updated, and expanded their book, which covers America’s long history with an appreciati...

Since the liberal revolution of the ’60s and ’70s, American history books have been biased toward the negative, distorting the way America’s past is taught. They overemphasize America’s racism, sexism, and bigotry while downplaying the greatness of her patriots. As a result, more emphasis is placed on Harriet Tubman than on George Washington, more on the internment of Japanese Americans during WWII than D-day or Iwo Jima, more on the dangers we faced from Joseph McCarthy than those we face...

Hissy Fitz lives with some two-legged creatures who are destined to serve him in every possible way and understand his every whim. Sadly, these creatures are sorely lacking in their skills. For one thing—they touch him when they want to touch him. Don't they know that the two-legged are there for him to touch when he wants to—meaning when he wants food? Petting wakes him up! They speak to him—don't they know the two-legged should be seen (so Hissy knows where to demand food from) and not h...

Score your highest in econometrics? Easy.Econometrics can prove challenging for many students unfamiliar with the terms and concepts discussed in a typical econometrics course. Econometrics For Dummies eliminates that confusion with easy-to-understand explanations of important topics in the study of economics.Econometrics For Dummies breaks down this complex subject and provides you with an easy-to-follow course supplement to further refin...

An up-to-date look at the evolution of interest rate swaps and derivativesInterest Rate Swaps and Derivatives bridges the gap between the theory of these instruments and their actual use in day-to-day life. This comprehensive guide covers the main "rates" products, including swaps, options (cap/floors, swaptions), CMS products, and Bermudan callables. It also covers the main valuation techniques for the exotics/structured-notes area, which remains one of the most challengi...

This book provides a comprehensive introduction to actuarial mathematics, covering both deterministic and stochastic models of life contingencies, as well as more advanced topics such as risk theory, credibility theory and multi-state models.This new edition includes additional material on credibility theory, continuous time multi-state models, more complex types of contingent insurances, flexible contracts such as universal life, the risk measures VaR and TVaR.Key Features...

Understanding the dynamic evolution of the yield curve is critical to many financial tasks, including pricing financial assets and their derivatives, managing financial risk, allocating portfolios, structuring fiscal debt, conducting monetary policy, and valuing capital goods. Unfortunately, most yield curve models tend to be theoretically rigorous but empirically disappointing, or empirically successful but theoretically lacking. In this book, Francis Diebold and Glenn Rudebusch propose t...

In Asset Pricing and Portfolio Choice Theory, Kerry E. Back at last offers what is at once a welcoming introduction to and a comprehensive overview of asset pricing. Useful as a textbook for graduate students in finance, with extensive exercises and a solutions manual available for professors, the book will also serve as an essential reference for scholars and professionals, as it includes detailed proofs and calculations as section appendices. Topics covered include the classical...

Value- and risk-oriented management is a holistic method of managing businesses. In this book both actuarial methods and methods pertaining to classical internal control and classical risk management are used. Therefore the approach taken is necessarily interdisciplinary. Indeed, there is a new dynamically developing field for actuaries as a result of the emphasis now on the measurement of risk.This book provides the required basic knowledge for this subject from an actuarial persp...

The recent financial crisis has highlighted the need for better valuation models and risk management procedures, better understanding of structured products, and has called into question the actions of many financial institutions. It has become commonplace to blame the inadequacy of credit risk models, claiming that the crisis was due to sophisticated and obscure products being traded, but practitioners have for a long time been aware of the dangers and limitations of credit models. It wou...

A comprehensive look at the tools and techniques used in quantitative equity managementSome books attempt to extend portfolio theory, but the real issue today relates to the practical implementation of the theory introduced by Harry Markowitz and others who followed. The purpose of this book is to close the implementation gap by presenting state-of-the art quantitative techniques and strategies for managing equity portfolios.Throughout these pages, Frank Fabozzi, Sergio Foc...