Credit Risk: Modeling, Valuation and Hedging

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Credit Risk: Modeling, Valuation and Hedging

Credit Risk: Modeling, Valuation and Hedging
Categories :"Business & Economics"
Author By :"Tomasz R. Bielecki","Marek Rutkowski"
Published Date : 2004-01-22
Published by : Springer Science & Business Media
Books Language : en

Description

The motivation for the mathematical modeling studied in this text on developments in credit risk research is the bridging of the gap between mathematical theory of credit risk and the financial practice. Mathematical developments are covered thoroughly and give the structural and reduced-form approaches to credit risk modeling. Included is a detailed study of various arbitrage-free models of default term structures with several rating grades.

This book will serve as a valuable reference for financial analysts and traders involved with credit derivatives. Some aspects of the book may also be useful for market practitioners with managing credit-risk sensitives portfolios.

This Book was ranked 13 by Google Books for keyword Credit.

Reference

1. Insurance
2. Loans
3. Mortgage
4. Attorney
5. Credit

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