1.

Record Nr.

UNINA990004130910403321

Autore

Plekhanov, Georges

Titolo

Essai sur le developpement de la conception moniste de l'histoire / Georges Plekhanov ; traduit par Lucia et Jean Cathala

Pubbl/distr/stampa

Paris : Editions Sociales, c1973

Descrizione fisica

340 p. ; 22 cm

Locazione

FLFBC

Collocazione

P.1 P 76

Lingua di pubblicazione

Francese

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910788330903321

Autore

Gasha Jose

Titolo

Recent Advances in Credit Risk Modeling / / Jose Gasha, Andre Santos, Jorge Chan-Lau, Carlos Medeiros, Marcos Souto, Christian Capuano

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

1-4623-7897-8

1-4527-8235-0

1-4518-7309-3

9786612843754

1-282-84375-3

Descrizione fisica

1 online resource (33 p.)

Collana

IMF Working Papers

Altri autori (Persone)

SantosAndre

Chan-LauJorge

MedeirosCarlos

SoutoMarcos

CapuanoChristian

Soggetti

Credit - Management - Mathematical models

Risk management

Banks and Banking

Financial Risk Management

Investments: Options

Macroeconomics

Money and Monetary Policy



Financing Policy

Financial Risk and Risk Management

Capital and Ownership Structure

Value of Firms

Goodwill

International Financial Markets

Price Level

Inflation

Deflation

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

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

Finance

Financial services law & regulation

Monetary economics

Credit risk

Asset valuation

Asset prices

Options

Credit

Financial risk management

Asset-liability management

Prices

Derivative securities

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"August 2009."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Structural Models; A. Single-Issuer Default Risk; B. Distance-to-Default: Variations on a Theme; Figure; 1. Dah-Sing Bank: Distance-to-Default; C. Portfolio Credit Risk Models; III. Reduced-Form Models; A. Structural and Reduced-Form Models: Reconciliation Attempts; Boxes; 1. Compensators and Pricing Trends: Some Definitions-Elizalde (2006); B. Some Models; C. Nonlinear Filtering; 2. The Modeling Strategy of Frey, Schmidt, Gabih (2007); IV. Other Innovations in the Modeling of Credit Risk; A. Default Correlation Using Copulas and Other Recent Approaches

B. Pricing of Credit Index Options C. Distressed Debt Prices and Recovery Rate Estimation; V. Conclusions; Appendix; Filtration and the Pricing of Credit Index Options; References

Sommario/riassunto

As is well known, most models of credit risk have failed to measure the credit risks in the context of the global financial crisis. In this context, financial industry representatives, regulators and academics worldwide have given new impetus to efforts to improve credit risk modeling for



countries, corporations, financial institutions, and financial instruments. The paper summarizes some of the recent advances in this regard. It considers modifications of structural models, including of the classical Merton model, and efforts to reconcile the structural and the reduced-form models. It also discusses the reassessment of the default correlations using copulas, the pricing of credit index options, and the determination of the prices of distressed debt and estimation of recovery values.