Financial Economics

Informationen zum Autor Dr. Frank J. Fabozzi PhD, CFA, CPA serves as Senior Advisor of IndexIQ, Inc. Dr. Fabozzi serves as Principal of Information Management Network, LLC. He has been Professor in the Practice of Finance at Yale University, School of Management since 2006. Dr. Fabozzi was a Visiting Professor of Finance and Accounting at the Sloan School of Management, Massachusetts Institute of Technology from 1986 to August 1992. He was Adjunct Professor of Finance at Yale University from 1994 to 2006. He co-authored with Franco Modigliani the textbooks Foundations of Financial Markets and Capital Markets: Institutions and Instruments and co edited with Harry Markowitz The Theory and Practice of Investment Management . He is a widely published author on topics such as risk management and structured finance. He has been a Becton Fellow, Yale University, School of Management since 1994. Dr. Fabozzi was inducted into the Fixed Income Analysts Society's Hall of Fame and is the 2007 recipient of the C. Stewart Sheppard Award given by the CFA Institute. He is a Chartered Financial Analyst and Certified Public Accountant. Dr. Fabozzi holds B.A., M.A. and Ph.D. from City University of New York. Klappentext Financial Economics has quickly established itself as a strong and growing market. Introduction to Financial Economics by Frank Fabozzi, Ted Neave, and Gaofu Zhou presents an introduction to basic financial ideas through a strong grounding in microeconomic theory. This calculus based text explores the theoretical framework for analyzing the decisions by individuals and managers of firms, and area which is common to both the financial economics and microeconomics. It also explores the interplay of these decisions on the prices of financial assets. Zusammenfassung Financial Economics has quickly established itself as a strong and growing market. Introduction to Financial Economics by Frank Fabozzi, Ted Neave, and Gaofu Zhou presents an introduction to basic financial ideas through a strong grounding in microeconomic theory. This calculus based text explores the theoretical framework for analyzing the decisions by individuals and managers of firms, and area which is common to both the financial economics and microeconomics. It also explores the interplay of these decisions on the prices of financial assets. Inhaltsverzeichnis 1. Introduction.2. Consumer Financial Decisions.3. Creating Wealth by Investing in Productive Opportunities.4. How Investors Value Firms.5. Firm Financing Decisions in a Perfect Capital Market.6. Firm Investment Decisions.7. Financial Systems, Governance, and Organization.8. Market, Intermediary, and Internal Governance.9. The Microeconomic Foundations of Financial Economics.10. Contingent Claims Analysis and Contingency Strategies.11. Risk and Risk Management.12. On Choosing Risk Measures.13. Mean-Variance Portfolio Choice.14. Capital Asset Pricing Model.15. The APT and Factor Models.16. General Principles of Asset Pricing.17. Pricing Corporate Securities.18. Pricing Derivatives by Arbitrage: Linear Payoff Derivatives.19. Pricing Derivatives by Arbitrage: Nonlinear Payoff Derivatives.20. Capital Market Imperfections and Financial Decision Criteria.21. Impediments to Arbitrage.22. When Capital Structure Decisions Matter.23. Financing Decisions in Practice.24. Financial Contracting and Deal Terms.25. Capital Expenditure Plans in a Risky World.26. Evaluating Project Risk in Capital Budgeting.FINANCE APPENDICES.A. Deal Terms.B. Corporate Debt Funding Instruments.C. Investment Bankers and the Issuance of Securities.D. Creditor Risk.E. Financial Statements.F. Financial Ratio Analysis.G. Estimating Cash Flows of Capital Budgeting Projects.H. Merger and Acquisition Strategies.I. Conglomerates as a Means of Overcoming Capital Market Imperfections.J. Lease financing in an Imperfect Capital Market.MATHEMATICAL A...

Inhaltsverzeichnis

1. Introduction.
2. Consumer Financial Decisions.
3. Creating Wealth by Investing in Productive Opportunities.
4. How Investors Value Firms.
5. Firm Financing Decisions in a Perfect Capital Market.
6. Firm Investment Decisions.
7. Financial Systems, Governance, and Organization.
8. Market, Intermediary, and Internal Governance.
9. The Microeconomic Foundations of Financial Economics.
10. Contingent Claims Analysis and Contingency Strategies.
11. Risk and Risk Management.
12. On Choosing Risk Measures.
13. Mean-Variance Portfolio Choice.
14. Capital Asset Pricing Model.
15. The APT and Factor Models.
16. General Principles of Asset Pricing.
17. Pricing Corporate Securities.
18. Pricing Derivatives by Arbitrage: Linear Payoff Derivatives.
19. Pricing Derivatives by Arbitrage: Nonlinear Payoff Derivatives.
20. Capital Market Imperfections and Financial Decision Criteria.
21. Impediments to Arbitrage.
22. When Capital Structure Decisions Matter.
23. Financing Decisions in Practice.
24. Financial Contracting and Deal Terms.
25. Capital Expenditure Plans in a Risky World.
26. Evaluating Project Risk in Capital Budgeting.
FINANCE APPENDICES.
A. Deal Terms.
B. Corporate Debt Funding Instruments.
C. Investment Bankers and the Issuance of Securities.
D. Creditor Risk.
E. Financial Statements.
F. Financial Ratio Analysis.
G. Estimating Cash Flows of Capital Budgeting Projects.
H. Merger and Acquisition Strategies.
I. Conglomerates as a Means of Overcoming Capital Market Imperfections.
J. Lease financing in an Imperfect Capital Market.
MATHEMATICAL AND STATISTICAL APPENDICES.
K. Taylor expansion series.
L. Some Elementary concepts involving probability.
M. Continuous Probability Distributions.
N. Continuous versus simple interest.
O. Matrix Algebra.
P. Principal Component Analysis in Finance.

Zusammenfassung

Financial Economics has quickly established itself as a strong and growing market. Introduction to Financial Economics by Frank Fabozzi, Ted Neave, and Gaofu Zhou presents an introduction to basic financial ideas through a strong grounding in microeconomic theory. This calculus based text explores the theoretical framework for analyzing the decisions by individuals and managers of firms, and area which is common to both the financial economics and microeconomics. It also explores the interplay of these decisions on the prices of financial assets.

Produktdetails

• Autoren: City Universit, Fj Fabozzi, Frank Fabozzi, Frank J Fabozzi, Frank J. Fabozzi, Frank J. (Yale University Fabozzi, Frank J. (Yale University; City University of New York) Fabozzi, Frank J. Neave Fabozzi, Edwin H Neave, Edwin H. Neave, Te Neave, Ted Neave, Guofu Zhou
• Verlag: Wiley, John and Sons Ltd
• Sprache: Englisch
• Produktform: Fester Einband
• Erschienen: 20.01.2012
• EAN: 9780470596203
• ISBN: 978-0-470-59620-3
• Seiten: 672
• Serie: CourseSmart
• Thema: Sozialwissenschaften, Recht,Wirtschaft > Wirtschaft > Volkswirtschaft