Download the fantastic book titled Forerunners of Modern Financial Economics written by Donald Stabile, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Forerunners of Modern Financial Economics", which was released on 01 January 2005. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of Forerunners of Modern Financial Economics by Donald Stabile PDF
The economists who began using statistics to analyze financial markets in the 1950s have been credited with revolutionizing the scholarship of investing and with inaugurating modern financial economics. By examining the work of economists who used statistics to analyze financial markets before 1950, Donald Stabile provides evidence about the forerunners of modern financial economics. In studying these predecessors, this innovative book reveals that, starting around 1900, there were economists in the United States who believed that changes in stock prices could be treated as a random variable to be analyzed with statistical methods, and who used early versions of the efficient markets theory to justify their belief. Although they did not call themselves Bayesians, the author explores how they adhered to a philosophy consistent with Bayesian statistics. A concluding epilogue considers the linkages between the forerunners of modern finance, its innovators and modern successors. An original work in the history of economic thought, Forerunners of Modern Financial Economics will be of great interest to both economists and historians interested in the development of statistical finance and economic thought, as well as to statisticians, financial analysts, and advanced undergraduate and graduate students studying financial economics.
Detail About Forerunners of Modern Financial Economics PDF
- Author : Donald Stabile
- Publisher : Edward Elgar Publishing
- Genre : Business & Economics
- Total Pages : 200 pages
- ISBN : 9781781951170
- Release Date : 01 January 2005
- PDF File Size : 23,7 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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