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Our popular course Introduction to QuantLib Development will be taking place June 18-20th, 2018.

 

Asymptotix's Blog

 

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May 17, 2016 Comments (0)

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Charting Ways Out of the European Impasse #AUGUR

July 23, 2014 Comments (0)

The European Union has reached a critical juncture in dealing with the fallout from the 2008 financial meltdown. Europe’s leaders took initiatives to strengthen financial systems but have been unable to secure a significant recovery of the European economy or avert growing divergences between member states in GDP per capita, unemployment rates and external-account balances. This memorandum written by participants of a 3-year research project on Europe and the world’s...

The ENVIRONMENTAL INDUSTRY SECTOR - what is it? #AUGUR

July 23, 2014 Comments (0)

AUGUR A world-wide group of economists and others worldwide, led by a group of EU macro-economists - who work like a mini-UN macro-research with everything integrated across all of  the world's political-economy, fully empirically expressed with dynamics lacking from World Bank Model. There is a lot of resistance to internationalist economics as there is too to environmental concerns especially climate warming and carbon tax implications, which are not merely short-run...

STRESS-TESTS: EU FINANCIAL REGULATORS COMPLY WITH POLITICAL BIAS MORE THAN BASEL II

July 22, 2014 Comments (0)

STRESS-TESTS: EU FINANCIAL REGULATORS COMPLY WITH POLITICAL BIAS MORE THAN BASEL II LAWS TO OFFER ABSURD MACRO-ECONOMICS NARRATIVES? by Robert McDowell Stress-tests are supposedly harmonised, at least for banks in the banking sectors of each country, but not across all EU member states, to test for shocks to a country's banking system when current risk assessments are suddenly inverted by falls in investment, in consumer demand, savings, loans, and by fast rising long term...

The Bundesbank: ECB massively exceeds its mandate

April 27, 2013 Comments (0)

"Instead of being limited to a monetary stability policy, ECB President Mario Draghi is trying to outsmart the financial and economic policy field like a socialist government." It's no secret that the Germans are negative to further financial support of the weak euro countries. Germany's current strategy is inaction to the calls of introducing Eurobonds or Germany to leave the Euro. What they dread is the other option - that a weak country would leave the euro and...

Reinhart, Rogoff... and Herndon

April 27, 2013 Comments (0)

Thomas Herndon, the UMass Amherst PHD student who discovered an Excel coding flaw in the famous paper by economists Kenneth Rogoff and Carmen Reinhart, which had claimed that when a country's debt surpasses 90% of GDP, then growth slows precipitously, was the man of the week. Thomas Herndon, the UMass Amherst PHD student who discovered an Excel coding flaw in the famous paper "Growth in a Time of Debt" by economists Kenneth Rogoff and Carmen Reinhart, which had claimed...

Budget 2014-2020: Don't sacrifice EU's future to the current crisis, say MEPs

February 7, 2013 Comments (0)

EU member states must not use the economic crisis as a pretext to force austerity upon the EU until 2020, MEPs warned in a debate on Wednesday. EU member states must not use the economic crisis as a pretext to force austerity upon the EU until 2020, MEPs warned in a debate on Wednesday. The EU needs a budget that is flexible enough to cope with unforeseen events and is funded from new sources, they added. The debate with Commission President José Manuel Barroso and Ireland's...

Handelsbanken - A brand new type of Bank has sprung up in the UK

February 4, 2013 Comments (0)

They are letting the local branch managers make all the decisions about lending. Imagine that? A bank, new to Britain, is expanding rapidly across the UK.  Its name is Handelsbanken and it is from Sweden. However, it is about to open its 150th branch in the UK.Decision Making read more

The world hasn't learned anything since The Kreuger Crash

January 17, 2013 Comments (0)

For the past four years, the political leaders and bankers have made enormous efforts to save the financial industry, clean up the banks, and reform regulation in order to restore trust and confidence in the financial system. This hasn’t worked. Banks today are bigger and more opaque than ever, and they continue to behave in many of the same ways they did before the crash. The reason no one wanted to lend to or trade with the banks during the fall of 2008, when Lehman Brothers...

Growth and renewal in the Swedish economy

January 13, 2013 Comments (0)

Sweden’s economy is faring better than that of many of its peers: the nation has low public debt and a current-account surplus, and since the early 1990s its growth rate has outpaced that of other members of the EU-15 and the United States. The 2012 McKinsey Global Institute report Growth and renewal in the Swedish economy shows that the nation can’t afford to coast on its achievements. Sweden’s economic growth mainly reflects productivity gains in the areas most exposed to...