As western governments issue increasing amounts of debt, the fixed income markets have never been more important. Yet the methods for analyzing these markets have failed to keep pace with recent developments, including the deterioration in the credit quality of many sovereign issuers. In Fixed Income Relative Value Analysis, Doug Huggins and Christian Schaller address this gap with a set of analytic tools for assessing value in the markets for government bonds, interest rate swaps, and related basis swaps, as well as associated futures and options. Taking a practitioner’s point of view, the book presents the theory behind market analysis in connection with tools for finding and expressing trade ideas. The extensive use of actual market examples illustrates the ways these analytic tools can be applied in practice. The book covers: Statistical models for quantitative market analysis, in particular mean reversion models and principal component analysis. An in-depth approach to understanding swap spreads in theory and in practice. A comprehensive discussion of the various basis swaps and their combinations. The incorporation of credit default swaps in yield curve analysis. A classification of option trades, with appropriate analysis tools for each category. Fitted curve techniques for identifying relative value among different bonds. A multi-factor delivery option model for bond future contracts. Fixed Income Relative Value Analysis provides an insightful presentation of the relevant statistical and financial theories, a detailed set of statistical and financial tools derived from these theories, and a multitude of actual trades resulting from the application of these tools to the fixed income markets. As such, it’s an indispensable guide for relative value analysts, relative value traders, and portfolio managers for whom security selection and hedging are part of the investment process.

Every day we make decisions about our health - some big and some small. What we eat, how we live and even where we live can affect our health. But how can we be sure that the advice we are given about these important matters is right for us? This book will provide you with the right tools for assessing health advice.

This Handbook represents the development of research and the current level of knowledge in the fields of syntactic theory and syntax analysis. Syntax can look back to a long tradition. Especially in the last 50 years, however, the interaction between syntactic theory and syntactic analysis has led to a rapid increase in analyses and theoretical suggestions. This second edition of the Handbook on Syntax adopts a unifying perspective and therefore does not place the division of syntactic theory into several schools to the fore, but the increase in knowledge resulting from the fruitful argumentations between syntactic analysis and syntactic theory. It uses selected phenomena of individual languages and their cross-linguistic realizations to explain what syntactic analyses can do and at the same time to show in what respects syntactic theories differ from each other. It investigates how syntax is related to neighbouring disciplines and investigate the role of the interfaces especially the relationship between syntax and phonology, morphology, compositional semantics, pragmatics, and the lexicon. The phenomena chosen bring together renowned experts in syntax, and represent the consensus reached as to what has to be considered as an important as well as illustrative syntactic phenomenon. The phenomena discuss do not only serve to show syntactic analyses, but also to compare theoretical approaches with each other.

Dolf Rami contributes to contemporary debates about the meaning and reference of proper names by providing an overview of the main challenges and developing a new contextualist account of names. Questions about the use and semantic features of proper names are at the centre of philosophy of language. How does a single proper name refer to the same thing in different contexts of use? What makes a thing a bearer of a proper name? What is their meaning? Guided by these questions, Rami discusses Saul Kripke's main contributions to the debate and introduces two new ways to capture the rigidity of names, proposing a pluralist version of the causal chain picture. Covering popular contextualist accounts of names, both indexical and variabilist, he presents a use-sensitive alternative based on a semantic comparison between names, pronouns and demonstratives. Extending and applying his approach to a wide variety of uses, including names in fiction, this is a comprehensive explanation of why we should interpret proper names as use-sensitive expressions.

This is a multi-disciplinary study that adopts an innovative and original approach to a highly topical question, that of meaning-making in museums, focusing its attention on pedagogy and visual culture. This work explores such questions as: How and why is it that museums select and arrange artefacts, shape knowledge, construct a view? How do museums produce values? How do active audiences make meaning from what they experience in museums? This stimulating book provokes debate and discussion on these topics and puts forward the idea of a new museum - the post-museum, which will challenge the familiar modernist museum. A must for students and professionals in the field.