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Modern Finance And Risk Management: Festschrift In Honour Of Hermann Locarek-junge
Modern Finance and Risk Management is dedicated to our colleague, academic mentor, and adviser Professor Hermann Locarek-Junge. During his academic career, Hermann Locarek-Junge published several important contributions to the field of risk management and portfolio management and served as the chairman and board member of the German Finance Association (DGF) and the Data Science Society (Gesellschaft für Klassifikation).A short foreword by the mentors of Hermann Locarek-Junge and an introduction by the editors mark the beginning of the Festschrift. The first section on Modern Finance includes chapters on asset management, entrepreneurship, and behavioural finance. The second section on Mode...
Structural Change and Exchange Rate Dynamics
Structural change, economic growth and adequate exchange rate adjustment are key challenges in the context of EU eastern enlargement as are consistent macroeconomic policies. The authors focus on sectoral adjustment across industries in catching-up countries and explain changes in the composition of output – this includes new aspects of the Chenery model. They describe and analyze the spatial pattern of specialization and adjustment in many countries. Theoretical and empirical analysis of foreign direct investment, innovation and structural change shed new light on economic dynamics in Old Europe and New Europe. As regards exchange rate dynamics both traditional aspects (such as the Balassa-Samuelson effect) and new approaches to understanding exchange rate developments are presented. Links between exchange rate changes and innovation are particularly emphasized.
Mario Schifano
Considered one of the twentieth century's greatest protagonists of Italian painting, Mario Schifano produced works that coincided with Pop and monochrome trends, ensuring them a critical reception. Many of Schifano's works combine the impetuosity of the Italian and international Transavanguardia (European neo-expressionism) with a hyper-modern point of view, derived from the speed of technology and mass-media chaos. This monograph features extensive documentation of Schifano's lively, colorful paintings, as well as many previously unpublished photographs.
Mario Sorrenti
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Mario Sironi
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