{"product_id":"advanced-credit-risk-analysis-financial-approaches-and-mathematical-models-to-assess-price-and-manage-credit-risk-hardback-9780471987239","title":"Advanced Credit Risk Analysis; Financial Approaches and Mathematical Models to Assess, Price, and Manage Credit Risk (Hardback) 9780471987239","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eAdvanced Credit Risk Analysis\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eFinancial Approaches and Mathematical Models to Assess, Price, and Manage Credit Risk\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eDidier Cossin (Author), Hugues Pirotte (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780471987239, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 13 November 2000\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e400 pages\u003cbr\u003e25.1 x 17.4 x 2.7 cm, 0.822 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cem\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\"... an ambitious, well-researched book with probably the most comprehensive review of the credit-risk-modelling literature.... I eagerly await the next edition.\" (\u003ci\u003eQuantitative Finance,\u003c\/i\u003e March 2001)\u003c\/p\u003e\u003c\/font\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eBewertung und effektives Kreditrisikomanagement sind maßgebend für den Erfolg jeder Finanzinstitution. Üblicherweise war dies Aufgabe der Kreditrisikoabteilungen, die versicherungsmathematische Methoden auf der Basis historischer Daten benutzten. Durch das massive Wachstum an den Finanzmärkten, zusammen mit der zunehmenden Weiterentwicklung und Verfeinerung der Finanzinstrumente in den letzten Jahren sind diese Methoden für aktuelle Bedürfnisse nicht mehr geeignet. Die Zunahme derivativer Instrumente, von denen die meisten im Freiverkehr gehandelt werden, und die Schaffung von Kreditderivaten hat deutlich gemacht, daß Finanzinstitutionen auf verfeinerte Methoden zur Bewertung des Kreditrisikos zurückgreifen müssen. \"Advanced Credit Risk Analysis\" präsentiert aktuelle, weiterentwickelte Modellverfahren zur Konditionengestaltung und zum Kreditrisikomanagement und diskutiert die Anwendung dieser Techniken in der Praxis.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eAcknowledgements.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e CREDIT RISK PRICING.\u003cbr\u003e Introduction to Modern Credit Risk Pricing.\u003cbr\u003e Merton's Approach: The Intuition Behind Structural Models.\u003cbr\u003e Subsequent Financial Engineering.\u003cbr\u003e Stochastic Interest Rates and Credit Risk.\u003cbr\u003e Advanced Considerations on Bankruptcy Endogeneity.\u003cbr\u003e Reduced-Form\/Mixed Approaches.\u003cbr\u003e CREDIT RISK OF DERIVATIVES.\u003cbr\u003e Swap Credit Risk Pricing.\u003cbr\u003e Credit Risk in Options: Vulnerable Options.\u003cbr\u003e THEORETICAL WRAP-UP AND EMPIRICAL EVIDENCE.\u003cbr\u003e Introduction.\u003cbr\u003e Literature Wrap-Up.\u003cbr\u003e Empirical Evidence.\u003cbr\u003e A PROPOSITION FOR A STRUCTURAL MODEL.\u003cbr\u003e Introduction.\u003cbr\u003e The Pricing Model.\u003cbr\u003e Comparative Statics.\u003cbr\u003e The Practical Implementation and Final Issues.\u003cbr\u003e COLLATERALIZATION, MARKING-TO-MARKET, AND THEIR IMPACT ON CREDIT RISK.\u003cbr\u003e Introduction.\u003cbr\u003e A Structural Methodology for Haircut Determination and the Pricing of Credit Risk with Risky Collateral.\u003cbr\u003e Credit Risk Collateral Control as an Impulse Control Problem.\u003cbr\u003e MANAGEMENT OF CREDIT RISK.\u003cbr\u003e Advanced Management Tools.\u003cbr\u003e Financial Structuring with Credit Derivatives.\u003cbr\u003e Appendix A: Itô's Lemma.\u003cbr\u003e Appendix B: A Review of Interest Rate Models.\u003cbr\u003e General Bibliography.\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52316745466136,"sku":"9780471987239","price":83.29,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780471987239.jpg?v=1781823666","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/advanced-credit-risk-analysis-financial-approaches-and-mathematical-models-to-assess-price-and-manage-credit-risk-hardback-9780471987239","provider":"Freshly Printed Books","version":"1.0","type":"link"}