Stochastic Optimal Control and the U.S. Financial Debt Crisis

Stochastic Optimal Control and the U.S. Financial Debt Crisis
Author :
Publisher : Springer Science & Business Media
Total Pages : 167
Release :
ISBN-10 : 9781461430797
ISBN-13 : 1461430798
Rating : 4/5 (798 Downloads)

Book Synopsis Stochastic Optimal Control and the U.S. Financial Debt Crisis by : Jerome L. Stein

Download or read book Stochastic Optimal Control and the U.S. Financial Debt Crisis written by Jerome L. Stein and published by Springer Science & Business Media. This book was released on 2012-03-30 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stochastic Optimal Control (SOC)—a mathematical theory concerned with minimizing a cost (or maximizing a payout) pertaining to a controlled dynamic process under uncertainty—has proven incredibly helpful to understanding and predicting debt crises and evaluating proposed financial regulation and risk management. Stochastic Optimal Control and the U.S. Financial Debt Crisis analyzes SOC in relation to the 2008 U.S. financial crisis, and offers a detailed framework depicting why such a methodology is best suited for reducing financial risk and addressing key regulatory issues. Topics discussed include the inadequacies of the current approaches underlying financial regulations, the use of SOC to explain debt crises and superiority over existing approaches to regulation, and the domestic and international applications of SOC to financial crises. Principles in this book will appeal to economists, mathematicians, and researchers interested in the U.S. financial debt crisis and optimal risk management.


Stochastic Optimal Control and the U.S. Financial Debt Crisis Related Books

Stochastic Optimal Control and the U.S. Financial Debt Crisis
Language: en
Pages: 167
Authors: Jerome L. Stein
Categories: Business & Economics
Type: BOOK - Published: 2012-03-30 - Publisher: Springer Science & Business Media

DOWNLOAD EBOOK

Stochastic Optimal Control (SOC)—a mathematical theory concerned with minimizing a cost (or maximizing a payout) pertaining to a controlled dynamic process un
Stochastic Optimal Control and the U.S. Financial Debt Crisis
Language: en
Pages: 160
Authors: Jerome L. Stein
Categories: Business & Economics
Type: BOOK - Published: 2012-03-30 - Publisher: Springer

DOWNLOAD EBOOK

Stochastic Optimal Control (SOC)—a mathematical theory concerned with minimizing a cost (or maximizing a payout) pertaining to a controlled dynamic process un
Stochastic Optimal Control, International Finance, and Debt Crises
Language: en
Pages: 305
Authors: Jerome L. Stein
Categories: Business & Economics
Type: BOOK - Published: 2006-04-06 - Publisher: Oxford University Press, USA

DOWNLOAD EBOOK

This book focuses on the interaction between equilibrium real exchange rates, optimal external debt, endogenous optimal growth and current account balances, in
Foreign Exchange Constraint and Developing Economies
Language: en
Pages: 279
Authors: Aleksandr V. Gevorkyan
Categories: Business & Economics
Type: BOOK - Published: 2023-01-17 - Publisher: Edward Elgar Publishing

DOWNLOAD EBOOK

Foreign Exchange Constraint and Developing Economies addresses the complex nature of foreign exchange constraint for macroeconomic and social development. The b
The Eurozone Crisis and the Future of Europe
Language: en
Pages: 487
Authors: Rajeesh Kumar
Categories: Political Science
Type: BOOK - Published: 2015-12-11 - Publisher: Springer

DOWNLOAD EBOOK

The authors uncover the roots of the eurozone crisis, focusing on how this can be solved against the backdrop of a very deep financial and economic crisis and i