2011, ISBN: 9783834928443

[ED: Taschenbuch], [PU: Gabler, Betriebswirt.-Vlg], The finance literature looks at a number of factors to explain risk premia in corporate debt, such as liquidity effects, jump-to-defaul… Mehr…

[ED: Taschenbuch], [PU: Gabler, Betriebswirt.-Vlg], The finance literature looks at a number of factors to explain risk premia in corporate debt, such as liquidity effects, jump-to-default risk, and contagion risk. Stochastic recovery rates as a source of systematic risk have not received much attention so far, most likely due to the difficulties around decomposing the expected loss. Timo Schläfer exploits the fact that differently-ranking debt instruments of the same issuer face identical default risk but different default-conditional recovery rates. He shows that this allows isolating recovery risk without any of the rigid assumptions employed by priors and implements his approach using credit default swap data., DE, [SC: 0.00], Neuware, gewerbliches Angebot, 112, [GW: 202g], Sofortüberweisung, PayPal, Banküberweisung<

2011, ISBN: 9783834928443

[ED: Taschenbuch], [PU: Gabler, Betriebswirt.-Vlg], The finance literature looks at a number of factors to explain risk premia in corporate debt, such as liquidity effects, jump-to-defaul… Mehr…

[ED: Taschenbuch], [PU: Gabler, Betriebswirt.-Vlg], The finance literature looks at a number of factors to explain risk premia in corporate debt, such as liquidity effects, jump-to-default risk, and contagion risk. Stochastic recovery rates as a source of systematic risk have not received much attention so far, most likely due to the difficulties around decomposing the expected loss. Timo Schläfer exploits the fact that differently-ranking debt instruments of the same issuer face identical default risk but different default-conditional recovery rates. He shows that this allows isolating recovery risk without any of the rigid assumptions employed by priors and implements his approach using credit default swap data., DE, [SC: 0.00], Neuware, gewerbliches Angebot, 112, [GW: 202g], Sofortüberweisung, PayPal, Banküberweisung<

ISBN: 9783834928443

The finance literature looks at a number of factors to explain risk premia in corporate debt, such as liquidity effects, jump-to-default risk, and contagion risk. Stochastic recovery rate… Mehr…

The finance literature looks at a number of factors to explain risk premia in corporate debt, such as liquidity effects, jump-to-default risk, and contagion risk. Stochastic recovery rates as a source of systematic risk have not received much attention so far, most likely due to the difficulties around decomposing the expected loss. Timo Schläfer exploits the fact that differently-ranking debt instruments of the same issuer face identical default risk but different default-conditional recovery rates. He shows that this allows isolating recovery risk without any of the rigid assumptions employed by priors and implements his approach using credit default swap data., Gabler Verlag<

2011, ISBN: 3834928445

[EAN: 9783834928443], Neubuch, [PU: Gabler Verlag], KREDITSICHERUNG - KREDITSICHERHEIT CREDITRISK DEFAULTRATE LOAN-ONLYCREDITDEFAULTSWAP RECOVERYRATE RISKPREMIA WIRTSCHAFT BETRIEBSWIRTSCH… Mehr…

[EAN: 9783834928443], Neubuch, [PU: Gabler Verlag], KREDITSICHERUNG - KREDITSICHERHEIT CREDITRISK DEFAULTRATE LOAN-ONLYCREDITDEFAULTSWAP RECOVERYRATE RISKPREMIA WIRTSCHAFT BETRIEBSWIRTSCHAFT CREDIT RISK DEFAULT RATE LOAN-ONLY SWAP RECOVERY PREMIA FINANZEN FINANCE, GENERAL, Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Dr. Timo Schlaefer completed his doctoral thesis under the supervision of Prof. Dr. Marliese Uhrig-Homburg at the Chair of Financial Engineering and Derivatives at the Karlsruhe Institute of Technology. He works in the investment banking industry.The fin., Books<

2011, ISBN: 9783834928443

Buch, Softcover, 2011, [PU: Betriebswirtschaftlicher Verlag Gabler], Betriebswirtschaftlicher Verlag Gabler, 2011