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A thorough guide to correlation risk and its growing importance in global financial markets Ideal for anyone studying for CFA, PRMIA, CAIA, or other certifications, Correlation Risk Modeling and Management is the first rigorous guide to the topic of correlation risk. A relatively overlooked type of risk until it caused major unexpected losses during the financial crisis of 2007 through 2009, correlation risk has become a major focus of the risk management departments in major financial institutions, particularly since Basel III specifically addressed correlation risk with new regulations. This offers a rigorous explanation of the topic, revealing new and updated approaches to modelling and risk managing correlation risk. Offers comprehensive coverage of a topic of increasing importance in the financial world Includes the Basel III correlation framework Features interactive models in Excel/VBA, an accompanying website with further materials, and problems and questions at the end of each chapter
The Global Innovation Index 2020 provides detailed metrics about the innovation performance of 131 countries and economies around the world. Its 80 indicators explore a broad vision of innovation, including political environment, education, infrastructure and business sophistication. The 2020 edition sheds light on the state of innovation financing by investigating the evolution of financing mechanisms for entrepreneurs and other innovators, and by pointing to progress and remaining challenges – including in the context of the economic slowdown induced by the coronavirus disease (COVID-19) crisis.
Now in 8 volumes, the completely revised and expanded second edition of this much-cited handbook collates the knowledge available on heterogeneous catalysis, providing easy-to-find yet comprehensive information. The new edition contains some 80% more material and takes into account the latest developments in the field, making it still the most up-to-date compendium in heterogeneous catalysis. More than 300 leading experts -- a veritable "Who's Who" in catalysis -- contributed to this unrivalled masterpiece, covering all aspects of the subject, from the physico-chemical foundations to large-scale industrial applications. With its straightforward presentation, this is an essential and indispensable tool for every scientist working in this area.
This book constitutes the refereed proceedings of the 20th International TRIZ Future Conference on Automated Invention for Smart Industries, TFC 2020, held in Cluj-Napoca, Romania, in October 2020 and sponsored by IFIP WG 5.4. The conference was held virtually. The 34 full papers presented were carefully reviewed and selected from 91 submissions. They are organized in the following thematic sections: computing TRIZ; education and pedagogy; sustainable development; tools and techniques of TRIZ for enhancing design; TRIZ and system engineering; TRIZ and complexity; and cross-fertilization of TRIZ for innovation management.
Complete Atlas of the World is the ultimate insight into our planet and the clearest, most concise overview of the world's geography. This incredible guide showcases locations from Boston to Bangkok and beyond with over 330 maps, including over 100 city plans, to truly bring these landscapes to life. Complete Atlas of the World is the definitive look at the world we live in. Detailed terrain models and colour schemes offer accessible mapping of unsurpassed quality. Complete Atlas of the World is now fully revised and updated to reflect recent geopolitical changes such as the new nation of South Sudan and the annexation of Crimea. Understand the fascinating world in which we live with this fantastic resource. Previous edition ISBN 9781405394413
Los procesos de globalización e internacionalización de los mercados y las econo-mías de los países han hecho que la sociedad global internacional comprenda que el mundo del siglo xxi está conformado por países ricos y pobres, esto es países desarrollados y países en desarrollo. La marcada diferencia entre los dos bloques económicos fue la pregunta que se hicieron los unos y los otros. La respuesta a la pregunta se mostró más allá de la lectura literal de los textos, en la lectura abduc-tiva de la dinámica de los contextos históricos globales del desarrollo económico, educativo, institucional, cultural, del capital social, como también de la ciencia, la tecnología y la innov...
Data analysis is changing fast. Driven by a vast range of application domains and affordable tools, machine learning has become mainstream. Unsupervised data analysis, including cluster analysis, factor analysis, and low dimensionality mapping methods continually being updated, have reached new heights of achievement in the incredibly rich data wor