Krzysztof Jajuga is a Professor of Finance. He holds the chair of the Department of Financial Investments and Risk Management at Wroclaw University of Economics and Business. He obtained his doctoral degree in Economics from Wroclaw University of Economics and Business in 1982 and became a full professor in 1992. His field of scientific interest is financial econometrics, capital markets and risk analysis and management. He is the author of numerous international and national publications, including 18 books. He holds a number of positions including president of CFA Society Poland.
Hermann Locarek-Junge has been a Professor of Finance and Financial Services at TU Dresden's Faculty of Management and Economics since 1995. He has been visiting professor and research fellow at a number of international institutions and universities. During his academic career, he undertook research work for several banks, including the Deutsche Bank, Dresdner Bank, Sparkasse Dresden, Union Investment, and the German National Research Foundation (DFG).
This volume continues to highlight the latest research contributions presented at the annual Wroclaw conference in Finance (Poland), covering a wide range of topics in the field. The chapters reflect the extent, diversity, and richness of research areas, and discuss both fundamental and applied finance. A detailed analysis of current financial-market problems including specifics of Polish and Central European markets is also part of this volume. Selected chapters also examine the results of advanced financial modeling. These proceedings are a valuable resource for researchers in universities and research and policy institutions, graduate students and practitioners in economics, finance and international economics in both private and government institutions.