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This set of lecture notes is the outcome of a lecture series, given in April 2000 by the author while holding the -Cattedra Galileiana- at Scuola Normale Superiore in Pisa. The purpose of the lectures was to give an overview of some recent work concerning structural properties of the evolution of the forward rate curve in an arbitrage free bond market.

Global interest in Japanese education and industrial training has grown steadily in the last 20 years. Japanese education and training is fundamental to the highly developed meritocratic system of employment, promotion and social status upon which Japan's economic success relies. Systems of education in Japan are intensive, highly competitive, and produce a generally superior level of educational achievement comparative to Japan's global competitors. This collection represents a cross-section of research and thought on key topics in the study of these systems, such as: the contribution of...

Financial mathematics is an emerging field of application. The five sets of course notes in this book provide an overview of the current "state of the art" and directions of research. It should be of interest to graduate students and researchers in the field.