Credit models and the crisis: a journey into CDOs, Copulas, correlations and dynamic models
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Bibliographische Detailangaben
1. Verfasser: Brigo, Damiano (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Chichester, West Sussex John Wiley & Sons 2010
Schriftenreihe:Wiley finance
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Online-Zugang:FRO01
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Beschreibung:Includes bibliographical references and index
The recent financial crisis has highlighted the need for better valuation models and risk management procedures, better understanding of structured products, and has called into question the actions of many financial institutions. It has become commonplace to blame the inadequacy of credit risk models, claiming that the crisis was due to sophisticated and obscure products being traded, but practitioners have for a long time been aware of the dangers and limitations of credit models. It would seem that a lack of understanding of these models is the root cause of their failures but until now lit
Beschreibung:1 Online-Ressource (xxxi, 143 pages)
ISBN:9781118374733
1118374738
9780470667156
047066715X

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