1.

Record Nr.

UNICAMPANIAVAN0071282

Autore

Dionysius Halicarnassensis

Titolo

Dionysius of Halicarnassus : the critical essays in two volumes 1 / Dionysius of Halicarnassus

Pubbl/distr/stampa

XXXV, 640 p. ; 17 cm

ISBN

04-349-9465-0

Edizione

[Cambridge : Harvard university]

Descrizione fisica

Testo greco a fronte.

Lingua di pubblicazione

Inglese

Greco antico

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910956120303321

Autore

Lu Yinqiu

Titolo

Idiosyncratic and Systemic Risk in the European Corporate Sector : : A CDO Perspective / / Yinqiu Lu, Jorge Chan-Lau

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613824387

9781462340729

1462340725

9781451996425

145199642X

9781283511933

1283511932

9781451909012

1451909012

Edizione

[1st ed.]

Descrizione fisica

1 online resource (18 p.)

Collana

IMF Working Papers

Altri autori (Persone)

Chan-LauJorge

Soggetti

Financial risk - Europe

Credit derivatives - Europe

Cdos

Credit

Currencies

Derivative securities



Finance

Finance: General

Financial Instruments

Financial risk management

General Financial Markets: Government Policy and Regulation

Government and the Monetary System

Institutional Investors

Investment & securities

Investments: Derivatives

Investments: Stocks

Monetary economics

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Monetary Systems

Money and Monetary Policy

Money

Non-bank Financial Institutions

Payment Systems

Pension Funds

Regimes

Standards

Stocks

Systemic risk

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"April 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. A BRIEF PRIMER ON COLLATERALIZED DEBT OBLIGATIONS""; ""III. DEFAULT PROBABILITY AND DEFAULT CORRELATION, IN STCDOS""; ""IV. IDIOSYNCRATIC AND SYSTEMIC RISK IN STCDO TRANCHES""; ""V. DATA AND EMPIRICAL FRAMEWORK""; ""VI. RESULTS""; ""VII. CONCLUSIONS""; ""REFERENCES""

Sommario/riassunto

Systemic risk remains a major concern to policymakers since widespread defaults in the corporate and financial sectors could pose substantial costs to society. Forward-looking measures and/or indicators of systemic default risk are thus needed to identify potential buildups of vulnerability in advance. In this paper, we explain how to construct idiosyncratic and systemic default risk indicators using the information embedded in single-tranche standardized collateralized debt obligations (STCDOs) referencing credit derivatives indices. As an illustration, both risk indicators are constructed for the European corporate sector using midprice quotes for STCDOs referencing the iTraxx Europe index.