Friday, August 22, 2014

MoneyScience News

MoneyScience News

Vendor News: Adrián Paenza wins Infosys Sponsored Leelavati Prize 2014

Posted: 21 Aug 2014 05:36 AM PDT

The International Mathematical Union, in partnership with Infosys, today awarded the Leelavati Prize 2014 to journalist and mathematics evangelist Adrián Paenza at the closing ceremony of the International Congress of Mathematics (ICM), held in Seoul, Korea.

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Published / Preprint: Diversification and Endogenous Financial Networks. (arXiv:1408.4618v1 [q-fin.RM])

Posted: 20 Aug 2014 05:39 PM PDT

We propose to test the assumption that interconnections across financial institutions can be explained by a diversification motive. This idea stems from the empirical evidence of the existence of long-term exposures that cannot be explained by a liquidity motive (maturity or currency mismatch). We model endogenous interconnections of heterogenous financial institutions facing regulatory...

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Published / Preprint: Recurrence plots of exchange rates of currencies. (arXiv:1408.4746v1 [q-fin.ST])

Posted: 20 Aug 2014 05:38 PM PDT

Used to investigate the presence of distinctive recurrent behaviours in natural processes, the recurrence plots can be applied to the analysis of economic data, and, in particular, to the characterization of exchange rates of currencies too. In this paper, we will show that these plots are able to characterize the periods of oscillation and random walk of currencies and enhance their reply to...

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Blog Post: TheAlephBlog: Ranking P&C Reserving Conservatism

Posted: 20 Aug 2014 11:49 AM PDT

About 1 1/2 years ago, I wrote a seven-part series on investing in insurance stocks.  It is still a good series, and worthy of your time, because there aren’t *that* many writers freely available on the topic.read more...

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