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Willi Semmler, Lucas Bernard - Foundations of Credit Risk Analysis, Inbunden

Inbunden, Engelska, 2007

Foundations of Credit Risk Analysis

Av Willi Semmler, Lucas Bernard

Del 211 i serien The International Library of Critical Writings in Economics series

4584 kr

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Beskrivning
The explosive growth of the credit risk industry is symbolic not only of the rapid expansion of finance into new and global markets, but is also representative of a widespread shift. The securitization of risk and, in particular, its transfer through the resulting credit derivatives, has dramatically changed the ways in which both the world economy and the finance industry work. This authoritative collection of key papers provides an overview of the subject from its beginnings through to current scholarship in this area. While the experienced investigator will find this anthology a convenient collection of essential papers, the student new to the field will be quickly taken to the front lines of research. Consequently, this collection will be of interest to historians, researchers, and students.
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Edited by Willi Semmler, Chair and Professor of Economics, New School for Social Research, New York and Lucas Bernard, Professor of Finance, Long Island University, US

Recensioner i media

'From both theoretical and practical perspectives, credit risk engenders many of the outstanding questions in finance; thus, the topic provides numerous opportunities for research and profit. Pricing and managing credit risk are broadly and deeply imbedded in the bedrock of present-day economics and finance. This collection, assembled by Willi Semmler and Lucas Bernard, provides both a comprehensive review of the state-of-the-art of this topic and an educational tool for the many practitioners and students in finance and financial engineering who are concerned with these problems.'BR>- Charles S. Tapiero, New York Polytechnic University, US

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