|
Books > Business & Economics > Finance & accounting > Finance > Credit & credit institutions
|
Buy Now
Semi-Markov Migration Models for Credit Risk (Hardcover)
Loot Price: R3,720
Discovery Miles 37 200
|
|
|
Semi-Markov Migration Models for Credit Risk (Hardcover)
Expected to ship within 12 - 17 working days
|
Credit risk is one of the most important contemporary problems for
banks and insurance companies. Indeed, for banks, more than forty
percent of the equities are necessary to cover this risk. Though
this problem is studied by large rating agencies with substantial
economic, social and financial tools, building stochastic models is
nevertheless necessary to complete this descriptive orientation.
This book presents a complete presentation of such a category of
models using homogeneous and non-homogeneous semi-Markov processes
developed by the authors in several recent papers. This approach
provides a good method of evaluating the default risk and the
classical VaR indicators used for Solvency II and Basel III
governance rules. This book is the first to present a complete
semi-Markov treatment of credit risk while also insisting on the
practical use of the models presented here, including numerical
aspects, so that this book is not only useful for scientific
research but also to managers working in this field for banks,
insurance companies, pension funds and other financial
institutions.
General
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!
|
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
