0
Your cart

Your cart is empty

Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions

Buy Now

Credit Risk Measurement - New Approaches to Value at Risk & Other Paradigms (Hardcover) Loot Price: R1,229
Discovery Miles 12 290
You Save: R393 (24%)
Credit Risk Measurement - New Approaches to Value at Risk & Other Paradigms (Hardcover): A. Saunders

Credit Risk Measurement - New Approaches to Value at Risk & Other Paradigms (Hardcover)

A. Saunders

 (sign in to rate)
List price R1,622 Loot Price R1,229 Discovery Miles 12 290 | Repayment Terms: R115 pm x 12* You Save R393 (24%)

Bookmark and Share

Expected to ship within 12 - 19 working days

The single most important topic in finance today is the art and science of credit risk management. Growing dissatisfaction with traditional credit risk measurement methods has combined with regulations imposed by the Bank for International Settlements (BIS) in 1993 to send numerous financial institutions in search of alternative "internal model" approaches to measuring the credit risk of a loan or portfolio of loans. This has led to a raging debate over whether internal models can replace regulatory models, and which areas of credit risk measurement and management are most amenable to internal models. Much of this highly technical debate, however, has been inaccessible to the interested practitioner, student, economist, or regulator-until now.
In Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms, Anthony Saunders invites a wider audience into the debate. Simplifying many of the technical details and analytics surrounding internal models, he concentrates on their underlying economics and economic intuition. Professor Saunders examines the approaches of these new models to the evaluation of individual borrower credit risk, portfolio credit risk, and derivative contracts. The alternative models explored include:
* Loans as options and the KMV model
* The VAR approach: J. P. Morgan's CreditMetrics and other models
* The macro simulation approach: the McKinsey and other models
* The risk-neutral valuation approach: KPMG's Loan Analysis System (LAS) and other models
* The insurance approach: mortality models and CSFP credit risk plus model
* Back testing and stress testing credit risk models
* RAROC models
With itscomprehensive coverage, summary, and comparison of new internal model approaches along with clear explanations of often complex material, Credit Risk Measurement is an indispensable resource for bankers, academics and students, economists, and regulators.

General

Imprint: John Wiley & Sons
Country of origin: United States
Release date: July 1999
First published: 1999
Authors: A. Saunders
Dimensions: 236 x 162 x 19mm (L x W x T)
Format: Hardcover
Pages: 240
ISBN-13: 978-0-471-35084-2
Categories: Books > Business & Economics > Finance & accounting > Finance > Banking
Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions
Books > Money & Finance > Banking
Books > Money & Finance > Credit & credit institutions
Promotions
LSN: 0-471-35084-2
Barcode: 9780471350842

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Advanced Credit Risk - Analysis And…
C Joseph Hardcover  (2)
R1,946 Discovery Miles 19 460
Credit and Crisis from Marx to Minsky
Jan Toporowski Hardcover R2,660 Discovery Miles 26 600
Traders, Guns & Money - Knowns And…
Satyajit Das Paperback R366 Discovery Miles 3 660
The Growth of Shadow Banking - A…
Matthias Thiemann Hardcover R3,113 Discovery Miles 31 130
The Cultural History of Money and Credit…
Chia Yin Hsu, Thomas M. Luckett, … Hardcover R2,472 Discovery Miles 24 720
Navigating the Business Loan…
Morton Glantz Paperback R1,070 Discovery Miles 10 700
Credit Engineering for Bankers - A…
Morton Glantz, Johnathan Mun Hardcover R1,876 Discovery Miles 18 760
Rating Based Modeling of Credit Risk…
Stefan Trueck, Svetlozar T. Rachev Hardcover R2,750 R1,904 Discovery Miles 19 040
El Norte or Bust! - How Migration Fever…
David Stoll Hardcover R1,322 R1,193 Discovery Miles 11 930
The History of Consumer Credit…
R. Gelpi, F. Julien-Labruyere Hardcover R2,867 Discovery Miles 28 670
Mastering Securities Lending…
Paul Harding, Christian Johnson Paperback R3,359 R3,128 Discovery Miles 31 280
Mastering the ISDA Master Agreements - A…
Paul Harding Paperback R3,721 Discovery Miles 37 210

See more

Partners