Premium Essay

Textbook

In:

Submitted By xlt033157
Words 195008
Pages 781
This page intentionally left blank

Introductory Econometrics for Finance
SECOND EDITION

This best-selling textbook addresses the need for an introduction to econometrics specifically written for finance students. It includes examples and case studies which finance students will recognise and relate to. This new edition builds on the successful data- and problem-driven approach of the first edition, giving students the skills to estimate and interpret models while developing an intuitive grasp of underlying theoretical concepts. Key features:
● Thoroughly revised and updated, including two new chapters on ●

● ●

● ● ●

panel data and limited dependent variable models Problem-solving approach assumes no prior knowledge of econometrics emphasising intuition rather than formulae, giving students the skills and confidence to estimate and interpret models Detailed examples and case studies from finance show students how techniques are applied in real research Sample instructions and output from the popular computer package EViews enable students to implement models themselves and understand how to interpret results Gives advice on planning and executing a project in empirical finance, preparing students for using econometrics in practice Covers important modern topics such as time-series forecasting, volatility modelling, switching models and simulation methods Thoroughly class-tested in leading finance schools

Chris Brooks is Professor of Finance at the ICMA Centre, University of Reading, UK, where he also obtained his PhD. He has published over sixty articles in leading academic and practitioner journals including the Journal of Business, the Journal of Banking and Finance, the Journal of Empirical Finance, the Review of Economics and Statistics and the Economic Journal. He is an associate editor of a number of journals including the International Journal of

Similar Documents

Free Essay

A Textbook Evaluation

...Running Head: A TEXTBOOK EVALUATION A Textbook Evaluation: Honors Calculus for an Eleventh Grader Using four different evaluation tools, three different math textbooks were evaluated for use within an honors eleventh grade calculus classroom. This report will include the results recorded for each textbook, and will then indicate which textbook was evaluated as the most suitable for an eleventh grade reader. The Fry readability graph was the first method used for the evaluation of each textbook. The graph was developed in the 1960’s and later revised by Edward Fry in 1977. The original version was created for African teachers who taught English as a second language. After the revision it also included explanations, directions and an extension to the 17th grade level. The Fry readability graph is used to determine the appropriate grade level for a chosen textbook. During this evaluation a total of three passages were used; two passages from the beginning of the text and one passage from the end. After choosing the three different 100 word-count passages, the number of sentences in each passage were counted and then averaged. The syllables in each of the 100 word-count passages were also counted and then averaged. The Flesch-Kincaid grade-level score was the second method used in determining the readability statistics. was formulated with the use of technology. For this report, Microsoft Word 2007 was used to determine the readability statistics. After...

Words: 2728 - Pages: 11

Free Essay

Analysis Textbooks

...Harry Lindsol’s Textbook Decision: An Ebook or a Traditional College Textbook 1. A) Traditional textbooks: a. Acquisition editors – recruited professors to write textbooks for their publishing company; ID prospective authors write books with broad market appeal and signing them to contracts; editors paid based on authors and textbooks brought in and paid based on success of books b. Professors normally chose rep appealed to them most; someone dealt with normally c. Other occasions, professor choose less expensive book (proven professor less happy with these books due to quality) d. Representative business model – heavily cost intensive for publishing companies since they had to pay for salaries of sales reps as well as travel expenses plus cost of entertaining professors e. Majority success publisher depended on which company had better authors and titles, along with professors’ personal preferences for certain reps f. Need growth to keep up in market so added platforms B) etextbooks * Kindle and iPad * Kindle popular b/c convenience and books’ cheap price * Ebooks < expensive traditional books * Publishing company didn’t have to pay for materials actual books * Publisher passed savings to Amazon who could still have a significant markup and yet offer books for a cheaper price than those in bookstores * Kindle weighs < 1 lb and fits easily a lot of places * Download bks wirelessly from...

Words: 1341 - Pages: 6

Free Essay

Textbook Affordability

...Affordability of College Textbooks: Textbook Prices Have Risen Significantly in the Last Four Years, but Some Strategies May Help to Control These Costs for Students August 2008 Report 2007-116 CALIFORNIA S TAT E A U D I T O R The first five copies of each California State Auditor report are free. Additional copies are $3 each, payable by check or money order. You can obtain reports by contacting the Bureau of State Audits at the following address: California State Auditor Bureau of State Audits 555 Capitol Mall, Suite 300 Sacramento, California 95814 916.445.0255 or TTY 916.445.0033 OR This report is also available on the World Wide Web http://www.bsa.ca.gov The California State Auditor is pleased to announce the availability of an on-line subscription service. For information on how to subscribe, please contact the Information Technology Unit at 916.445.0255, ext. 456, or visit our Web site at www.bsa.ca.gov. Alternate format reports available upon request. Permission is granted to reproduce reports. For questions regarding the contents of this report, please contact Margarita Fernández, Chief of Public Affairs, at 916.445.0255. Elaine M. Howle State Auditor Doug Cordiner Chief Deputy 555 Capitol Mall, Suite 300 CALIFORNIA STATE AUDITOR Bureau of State Audits S a c r a m e n t o, C A 9 5 8 1 4 916.445.0255 916.327.0019 fax w w w. b s a . c a . g o v August 12, 2008 The Governor of California President pro Tempore of the Senate Speaker of the Assembly State...

Words: 41903 - Pages: 168

Free Essay

Reading College Textbooks

...especially if it’s something I don’t find interesting. Another weakness I have is finding myself starring at the same sentence or paragraph because of boredom from reading. In regards to college textbooks, I really don’t like reading much of them because I find that most times it is filled with a lot of unnecessary material that does not interest me. This is not to say that all college textbooks are like this, but some of them are. As far as my likes about college textbooks, I do enjoy reading material that I have never heard of before. Many college textbooks seem to go in depth with some of the study material, and that’s something I really appreciate. Paragraph 2 I normally do complete my required readings for each course. If I didn’t, I would be making it harder on myself as far as completing quizzes and understanding the course material for the present lesson. I normally read my college textbook by just skimming through the chapter and looking through the pictures or diagrams first. Afterwards, I start reading what I am assigned to read for that week. I do well in completing all of my reading assignments. I normally would read half of my material in the morning, then the other half in the evening, while reviewing all of the reading material during the week. When reading college textbooks, I would probably need to change the way in which I...

Words: 517 - Pages: 3

Free Essay

Techbooks Replacing Textbooks

...TECHBOOKS REPLACING TEXTBOOKS In todays society we have made many technological advances. We now incorporate technology in almost every aspect of our lives. Technology has replaced many jobs, and now it has replaced a traditional educational tool, textbooks. Schools that worked with certain companies, such as Discovery, have replaced their textbooks with techbooks. These techbooks offer more than the traditional textbooks such as, videos, virtual labs, and downloadable content. These techbooks offer more than traditional books. Textbook companies have always been dealing with a decline in their business. Although this will cause revenue to decline more, it is a better decision. Schools will no longer have to worry about purchasing expensive book. They will no longer have to use worn out, outdated books. This also benefits students as well. They won’t have to carry around heavy books. They also won’t have to worry about how fragile the book is, and if they are going to break it. Many schools will not let a student graduate if they do not pay for their damaged textbook. A lot of these students can’t afford that though. Using these techbook will eliminate that problem all together. With benefits, there are also disadvantages to this. Technology has been replacing jobs for quite some time. These advances could possibly lead to replacing the job of a teacher, as online schools do. Society wants adolescents to be very familiar with technology and its sources, but should there...

Words: 578 - Pages: 3

Premium Essay

Should Textbooks Be Taught In School Case Study

...The college wants to use adobe digital textbook because eText is a Pearson Education use books are in schools, but must bring to online easy better find has searched for class. The Internet does not work with eText online and something connects to the website is a problem about to get eText for WiFi from home and school being online. Some reason should college is important to use problem about textbook used in classes. The education into to allow put technology online is eText include WiFi has a thing than a textbook. I remember that is the first time to get my classes at TSC for a fall semester start to get my freshman year was experiencing. Because not have brought to class and use online include is a Pearson Education from success classes has technology as things....

Words: 659 - Pages: 3

Free Essay

Micro

...to “MyLab/Mastering”, you will no longer utilize the CSU Moodle. You need to use the "Access Code" that is bundled in the textbook that you will purchase, along with the "Course ID", in order to register to "On Line" Course. You will find information on how to register for "On Line" web course by clicking on "Student Registration Handout". You must purchase the textbook for this course, either from the Campus Bookstore, or the "Pearson: Prentice Hall Publishing" (http://www.pearsonhighered.com/). You need to purchase the textbook that is bundled with “Access Codes” so that you can sign up to the “MyLab/Mastering”. You will need to register on "MyLab/Mastering" so that you can access the course materials, and take quizzes and exams. Your "Course ID" is: hervani46262 Make sure that you purchase only the textbook with the ISBN# provided below. Do not buy "Used" textbook or any other textbook with different ISBN#. If you purchase a "Used Textbook", you will not have an "Access Code" or if you purchase a textbook with different ISBN# than listed below, then you will not have a valid "Access Code" and will not be able to register for this course. Your "Access Code" comes from the textbook that you purchase (or purchased separately on line). The website to register is: http://pearsonmylabandmastering.com/ and follow the instructions.  REQUIRED TEXTBOOK: Roger LeRoy Miller, Student Value Edition for “Economics Today: The Micro View” plus NEW MEL/ETX SAC, 18/E, (ISBN-13: 9780134004952)...

Words: 782 - Pages: 4

Premium Essay

Bookstore Case

...Introduction Currently the University Bookstore is facing an obsolescence of its unsold textbooks in the warehouse. This memo is trying to find the inventory estimation method, the major causes of loss, and suggestions to improve bookstore’s internal control. Retail Method/Cost-To-Retail Ratio Retail method and estimation method are the two ways to estimate inventory. For the University Bookstore and other retailers, retail method is the better choice. First, the retail method is easier to use. Because of the seasonal sales period and a wide variety of products with different costs, it is complicated for retailers to record every product’s costs, prices and sales. The retail method allows retailers to make physical counts in summer break when the bookstore is not busy. Also, retailers just need to record the retail price of inventory instead of recording cost, retail prices, and total sales. Second, by relying on the current cost-to-retail ratio rather than historical cost, the retail method is acceptable by GAAP. For retail method, cost-to-retail ratio is one of the most important information for retailers to estimate inventory. Cost-to-retail ratio for new and used books can be calculated by using the following formula: Cost of goods available for sale/ (Retail price of goods available for sale + Net markups). The cost-to-retail ratio for new books is 0.7297, and for used books is 0.5813. Then the reported ending inventory on June 10, 2010 is $707,901 for new books...

Words: 1002 - Pages: 5

Free Essay

Understanding History 415

...thoroughly understand where a specific person came from and what they have done. If we were to study individuals without knowing prior context for example the French in Vietnam; if you begin reading in the middle of our textbook in chapter two you would believe the French were going to be in Vietnam for the long haul and were not going to accept defeat. But in all reality, by the end of chapter two the French had all but surrendered and were overpowered and America was forced to come into Vietnam. From there into Chapter three, its hard to find French presence in Vietnam. So without knowing prior context from chapter three on you would have almost little to no clue that the French had tried to take back Vietnam under a nationalist puppet government. This is why it is so very important to know the context of prior history. I do not believe many people in my age group even know the French were involved in Vietnam; I for one had no information about Vietnam other than it was an unpopular war America was in that left many veterans out in the cold because there was no support. After reading two chapters of the text book, my perspective is completely changed on this topic and this is why prior context of history is important. In my honest opinion I believe my textbook is going to be my greatest resource. It may seem generic, but as I continue to read I am learning with each new page things I didn’t know before. And for so long...

Words: 572 - Pages: 3

Premium Essay

Work

...Rosie Mobbs Unit 45 Rob Clegg Unit 45- Independent learning M1- Explain the value of three different resources in the preparation of the complex piece of work. D1- Evaluate the three resources in terms of validity. In this assignment I am going to be talking about a complex piece of work that I have already done for an assignment, and I will be explaining the value of 3 different resources and evaluating the 3 sources in terms of validity. The 3 resources that I am going to be talking about are: the internet, a text book, and NHS facts. I found all of these resources useful in different ways, and also reliable in different ways. I chose these particular resources because I have many opinions about them, some good, some bad. The mix of opinions is good because I can discuss both sides, and have a good balance between the opinions. The internet The source that I will be talking about first is the internet. The use of the internet helped me a lot with the assignment, this is because I was easily able to just search up what I needed to and then was able to put it into my own words and add it into my piece of work. I think that it also made my work better because I knew that the websites I was using were reliable and all the information in them was correct. And I think that this made my work good because I knew the information was correct and knew that I didn’t put anything in that was incorrect. Another way that it helped to support my work was that it was quick and...

Words: 1843 - Pages: 8

Premium Essay

Weeeeeeeeeeeeeeeeeeeeeeee

...Method: Presents ALL relevant features for the first subject, then ALL relevant features for the second subject. If you were writing a Comparison/Contrast of college and high school you might focus on three points: * Cost of attending high school and college * Workload in high school and college * Social aspects of high school and college Point-by-Point Method Block Method Introduction and ThesisItems to be compared, reason for comparison, and main points | Introduction and ThesisItems to be compared, reason for comparison, and main points | College is more expensive than high school * College tuition costs * High school NO costs * College living expenses * No living expenses in high school * College textbook costs * High School books are free | College costs, workload, and social opportunities will...

Words: 559 - Pages: 3

Free Essay

Marketing 279 Term Paper

...students to have access to required textbooks through an electronic book service. This type of service will be different from our competitors as it will be available through kiosks placed on campus and students will have choices between renting only a portion or an entire book. Rent duration will be anywhere from just one day to an entire semester – all for a student to decide. Another characteristic that differentiates us from competitors is our ability to offer electronic books at a low price. Our product is user-friendly and developed specifically for college students who need quick and easy access to desirable textbooks and parts of textbooks without paying a large amount of money for them. In order to move forward with our product, we first needed to estimate our potential customer demand. A survey was conducted on various college and university campuses and covered over 200 students. Questions required both qualitative and quantitative responses that allowed us to answer our research objectives. * What industry are we in? * What are the current industry trends for e textbooks? Growth or decline? Products offered? Consumer targets? Advertising and promotions? * Who are the competitors and what is their target and marketing mix? * What is the consumer behavior of students with regard to buying textbooks and e-textbooks? How much are they spending? Where are they buying? What factors contribute to their decision to buy a textbook or not? * How likely are students...

Words: 18818 - Pages: 76

Free Essay

Juul Moller Case

...4 SWOT Analysis 4 Strengths 4 Weaknesses 5 Opportunities 5 Threats 6 Assumptions & Missing Information 6 Problem Statement 7 Development & Evaluation of Alternatives 7 Alternatives 7 Alternative One: Build an e-Commerce platform 7 Pros 8 Cons 8 Alternative Two: Strategic Partnership with NSM 9 Pros 10 Cons 10 Alternative Three: e-Textbook Options 11 Pros 12 Cons 12 Alternative Four: Client Focused Strategy 12 Pros 13 Cons 13 Alternatives Matrix 14 Index 14 Conclusion 15 Solution Objectives 15 Recommendation 15 Build an e-Commerce platform 15 Strategic Partnership with NSM 16 Client-focused strategy 16 References 18 Introduction Dag Juul Moller is the owner and president of Juul Moller Bokhandel, a bookstore located in Norway. Dag speaks to Dagfinn Nettland, a master of management student at the Norwegian School of Management. Dagfinn was enrolled in a course that required students to take an existing company and analyze how it could use the internet as a sales channel and source of information. Dag was interested in the fact that the required textbooks weren’t available until several weeks into the course. Some students purchased their books using Amazon.com, others resorted to using other bookstore websites. Some students had purchased other products through the internet with minimal savings due to the costs associated with customs and sales tax. Although Dagfinn wanted to continue working with Juul Moller, he was...

Words: 3685 - Pages: 15

Free Essay

Business and Economics

...FULLERTON International Law for Business (Mgmt 346) Section 20579 Course Syllabus for Fall 2016 MIHAYLO COLLEGE OF BUSINESS AND ECONOMICS Professor Carl Pentis DEPARTMENT OF MANAGEMENT Office: SGMH 5385 Law Office telephone: (714)385-9682 Cell (text or call me!): (310)594-0869 Office hours: Tuesday, Thursday 5:00-5:30 pm; and by appointment School Office e-mail: cpentis@fullerton.edu Law Firm e-mail:carlpentis@gmail.com Law Firm fax: (714) 385-9682 Class day, hours and location: Tuesday and Thursday 5:30 to 6:45 p.m.; SGMH 1109 Course Description From the CSUF Catalog Prerequisite: Management 246 or equivalent. Textbook and Other Course Materials The course text is International Business Law and its Environment, by Schaffer, Agusti, Dhooge, Cengagge Learning, (9th ed. 2015). This can be an expensive textbook so you should consider purchasing the eBook at the Titan Bookstore. Also, I will provide links to PowerPoint presentations and other select added course materials on the course website. Course Mechanics and Procedures Open-Door Policy. My policy has always been “open-door.” Therefore, you should not hesitate to contact me in person or by e-mail1 or telephone. Reading. We will cover many chapters from the text during the semester. Course readings will include chapters from the text plus the assigned cases cited below. Bring your text to all class sessions since we will refer to it frequently. 1 Please be advised that e-mails may...

Words: 3880 - Pages: 16

Premium Essay

Case 1

...illustrates the textbook supply chain from the publisher’s point of view. Author Text editor’s graphic artist’s commercial printers transportation suppliers Distribution centers Bookstores. 2: There are a variety of customers that buy the textbook before it even reaches the student, someone has to decide what textbook the students are going to be using for which particular course. Business school curricula is changing and therefore their textbooks needs are changing, they want textbooks that cover a variety of information and data in one single, easy to transport textbook. Some school that were moving the modular course structures wanted books that were easy to cover in a course that lasts sometimes as short as a week-long. And now, more and more students are buying their textbooks in non-traditional bookstore, in places such as Amazon.com and ebay.com. These students want textbooks that are affordable as well as the correct copy for their course. Some professors want textbooks in “packet” from with chapters and cases from several different sources. And finally, some customers are purchasing e-books, which makes reading their textbooks convenient and easy to transport. Bookstores and online retailers are also large customers of textbooks and possibly the most critical, seeing how they are the ones that ultimately sell the books to the end consumer, the student. 3: The major players in the supply chain of textbooks are authors...

Words: 436 - Pages: 2