Volatility ranks among the most active and successful areas of research in econometrics and empirical asset pricing finance over the past three decades. This Research Review comprises some of the most influential published works from this burgeoning literature, both classic and contemporary. Topics covered include GARCH, stochastic and multivariate volatility models as well as forecasting, evaluation and high-frequency data. Together with an original introduction by the editors, this definitive compilation presents the most important milestones and contributions that helped pave the way to today’s understanding of volatility.
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Integrating Historical Perspectives into Modern Economics
Edited by Daniela Tavasci and Luigi Ventimiglia
Stemming from the idea that economics is a social science that tends to forget its own history, this refreshing book reflects on the role of teaching with historical perspectives. It offers novel ways of integrating the history of economics into the curriculum, both in history of economic thought modules and in other sub-disciplines. Coming from a wide diversity of experiences, the chapters share the idea that studying the history of thought exposes students to pluralism and is therefore an essential pedagogical tool.
Edited by Jennifer Arlen
Jennifer Arlen brings together 13 original chapters by leading scholars that examine how to deter corporate misconduct through public enforcement and private interventions. Scholars from a variety of disciplines present both theoretical and empirical analyses of organizational and individual liability for corporate crime, liability for foreign corruption, securities fraud enforcement, compliance, corporate investigations, and whistleblowing. This Research Handbook also highlights promising avenues for future research.
This Research Review presents a compilation of key papers chronicling the evolution of the economics of information into the economics of knowledge. It traces the unfolding of the fertile ambiguity and ambivalence of the notion of information with the identification and eventual separation of its two basic, quite distinct meanings: knowledge and signals. It documents the progressive understanding that it is not only necessary to search, screen and understand signals, but also to assess and select them so as to distinguish between true, false and fake ones. The capability to process signals and transform them into actual information stems from the stock of competence and knowledge that individuals and organizations possess and mobilize. Together with an original introduction by the editor, this collection will be an indispensable research tool for economists and scholars alike.
This Research Review presents forty-six of the most important and influential journal articles by some of the leading scholars in the field and addresses some of the most problematic issues concerning the sustainability of the world economy. Subjects included are: an introduction to the economics of nonrenewable resources; theoretical foundations for the field; nonhomogeneous resources; exploration and uncertainty; market structure; taxation and global climate change. The collection concludes with a discussion of the empirical research and the extent to which nonrenewable resources constrain economic growth as well as the consistency of the theoretical predictions of Hotelling-type models with actual economic outcomes. With an original introduction by the editor, this collection will be an important resource for students, academics and practitioners.
Edited by Kakuya Matsushima and William P. Anderson
This collection of 16 original research chapters by international scholars addresses the complementary roles of transportation and knowledge and their spatial manifestations in modern urban and regional economies. The authors provide research from North America, Europe and Asia. While the studies employ sophisticated methods and theory, there is a strong element of practical applications and policy implications in each chapter as well. This book will be of interest to communities of research and practice in urban and regional economics and planning, regional science and economic geography, transportation research, planning and management and the knowledge economy.
Edited by Sabri Boubaker, Douglas Cumming and Duc K. Nguyen
The severe consequences of the global financial crisis 2008-2009 and numerous accounting frauds and financial scandals over the last fifteen years have let to calls for more ethical and responsible actions in all economic activities including consumption, investing, governance and regulation. Despite the fact that ethics in business and corporate social responsibility rules have been adopted in various countries, more efforts have to be devoted to motivate and empower more actors to integrate ethical behavior and rules in making business and managerial decisions. The Research Handbook of Finance and Sustainability will provide the readers but particularly investors, managers, and policymakers with comprehensive coverage of the issues at the crossroads of finance, ethics and sustainable development as well as proposed solutions, while focusing on three different levels: corporations, investment funds, and financial markets.
BioBricks, Biopunks and Bioentrepreneurs
This book explores the interplay between regulation and emerging technologies in the context of synthetic biology, a developing field that promises great benefits, and has already yielded fuels and medicines made with designer micro-organisms. For all its promise, however, it also poses various risks. Investigating the distinctiveness of synthetic biology and the regulatory issues that arise, Alison McLennan questions whether synthetic biology can be regulated within existing structures or whether new mechanisms are needed.
European Experiences and Global Challenges
Ludger Pries explores the important moral, social and political challenge facing Europe and the international community: the protection of refugees as one of the most vulnerable groups on the planet.
How Industrial Relations and Labour Policies Can Close the Gap
Edited by Daniel Vaughan-Whitehead
International debate has recently focused on increased inequalities and the adverse effects they may have on both social and economic developments. Income inequality, now at its highest level for the past half-century, may not only undermine the sustainability of European social policy but also put at risk Europe’s sustainable recovery. A common feature of recent reports on inequality (ILO, OECD, IMF, 2015–17) is their recognition that the causes emerge from mechanisms in the world of work. The purpose of this book is to investigate the possible role of industrial relations, and labour policies more generally, in reducing these inequalities.