BOOK PUBLICATIONS FROM SCHOOL OF ECONOMICS
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Financial Mathematics for Actuaries Professor Yiu Kuen Tse has just published a book on "Financial Mathematics for Actuaries" This is an introductory textbook on the mathematics of interest rates for actuarial science students. It is written at a level of rigor that is required for students majoring in actuarial science and prepares them for further analysis of financial instruments. It emphasizes an intuitive treatment of the mathematics of finance and insurance, with special attention to applications. Each chapter contains many examples illustrating the applications of mathematical analysis to financial products and personal financial management. The authors use the financial functions in Excel as the computational tool in this book, which are illustrated through numerous examples. |
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The Ruling Class Assistant Professor Massimiliano LANDI recently co-authored a book, “The Ruling Class”, which will be published by Oxford University in November. An Italian adaptation of it, written for the general public, has been published in June 2010 by Bocconi University press. This adaptation is selling well, and receiving media coverage and attention at the highest level of Italian politics. Based on a newly created data set, Landi and coauthors study the profiles of political careers in the House of Deputies since the beginning of the Italian Republic in 1945. Their research is contributing significantly to the policy debate in Italy about political careers. The Corriere della Sera, among others, has dedicated to this work two editorials written by their top columnist Gian Antonio Stella, and a few coauthors have been invited on national TV to talk about the findings of this research. |
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Nonlife Actuarial Models Theory, Methods and Evaluation SOE's Professor Yiu Kuen Tse has just published a book on "Nonlife Actuarial Models Theory, Methods and Evaluation." This coherent book gives complete syllabus coverage for Exam C of the Society of Actuaries (SOA) while emphasizing the concepts and practical application of nonlife actuarial models. Ideal for those approaching their professional exams, it is also a class-tested textbook for undergraduate university courses in actuarial science. All the topics that students need to prepare for Exam C are here, including modeling of losses, risk and ruin theory, credibility theory and applications, and empirical implementation of loss models. The book also covers more recent topics, such as risk measures and bootstrapping. Readers are assumed to have studied statistical inference and probability at the introductory undergraduate level. (news updated on 21 October 2009) |
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Economic Forecasting and High Frequency Data Analysis SOE's Dean Roberto S. Mariano and Professor Yiu Kuen Tse have just published "Econometric Forecasting and High-Frequency Data Analysis." This volume, published by World Scientific, contains papers and tutorial notes presented in a two-month long Program jointly organized by the School of Economics, Singapore Management University and the Institute for Mathematical Sciences, National University of Singapore. The chapters collected in this volume summarize some recent findings and new results in two key areas in econometrics: forecasting and analysis of high-frequency financial data. (news updated on 28 March 2008) |
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FINANCIAL AND ACTUARIAL MATHEMATICS This is an introductory textbook covering the mathematics of interest rates, life contingencies and loss models. It is written at a level of rigor that is required for students majoring in actuarial science, quantitative finance, financial engineering and quantitative risk management. It emphasizes on an intuitive treatment of the mathematics of finance and insurance, with special attention on applications. Each chapter contains many examples illustrating the applications of mathematical analysis to financial instruments and personal financial management. This book may be adopted as the main text of a one-semester course in the mathematics of interest rates and actuarial mathematics, using selected chapters. It can also be used as the main text of a one-semester course in the mathematics of interest rates and investments, using all chapters in Part I, or as a supplementary text of a course in actuarial mathematics, using all chapters in Part II. For more information, please click here. |
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THE ECONOMIC PROSPECTS OF SINGAPORE Marking the third anniversary of its establishment in 2002, the School of Economics & Social Sciences has published a new book, The Economic Prospects of Singapore. Written to celebrate Singapore's 40 years of independence, the book examines the challenges facing Singapore and the strategies that Singapore must now embark upon in order for it to successfully transit from an economy heavily focused on trade and foreign investment to an innovation-driven economy. The book also describes the policies that have led to Singapore's economic success and discusses ways in which Singapore can continue to build upon these successes. Edited by Associate Professor Winston TH Koh, Associate Dean of School of Economics, and Professor Roberto S Mariano, Dean of School of Economics, the book was launched on 2 August at SMU's Li Ka-shing Library. Published by Pearson Addison-Wesley, the book is retailing in major Singapore bookstores. |