Credit Derivatives PDF ePub eBook

Books Info:

Credit Derivatives free pdf Every company faces credit risk. Credit derivatives are among the most powerful tools available for managing it. Once restricted to the financial industry, they are now widely used by businesses of all kinds-and all financial professionals need to understand them. Credit Derivatives, Revised Edition, explains these tools simply, clearly, and rigorously: what they do, how they work, and how to use them in today's applications. The authors first show how credit risk can be measured and valued. They explain key ideas, such as recovery rates and credit spreads, and show how derivatives transfer credit risk to external investors. Next, they systematically demonstrate how credit risk models can describe and predict credit risk events. They cover structural models, including Merton and Black and Cox- empirical models, such as the Z-score model- and reduced-form models, such as Jarrow-Turnbull. The authors also present detailed explanations of two widely used instruments: credit default swaps (CDSs) and collateralized debt obligations (CDOs). Finally, building on what you've learned, the authors offer a brand-new primer on today's applications for financial instruments with embedded credit risk. FINANCIAL STATEMENT ANALYSIS Perform preliminary financial analysis on any potential project UNDERSTAND, MEASURE, AND ASSESS CREDIT RISK Master core concepts, from credit spreads to default probabilities MASTER POWERFUL CREDIT RISK MODELING APPROACHES Learn structural, empirical, and reduced-form credit risk modeling GAIN DEEP INSIGHT INTO TODAY'S INSTRUMENTS AND APPLICATIONS Understand CDSs, CDOs, and how credit-sensitive products are now used FOR EVERY FINANCIAL PRACTITIONER: BUY-SIDE AND SELL-SIDE For CFOs, treasurers, and other practitioners-everywhere from pension funds to commercial corporations

About George K. Chacko

George C. Chacko is an Associate Professor and Chair of the Finance Department at Santa Clara University. Professor Chacko's research has focused on three areas: (1) transaction costs and liquidity risk in capital markets, particularly in the fixed income markets- (2) portfolio construction by institutions and individuals- and (3) the analysis and application of derivative securities. He was formerly an Associate Professor at Harvard Business School (HBS) in the Finance Department. On the commercial side, he is currently a Partner with HNC Advisors. He was formerly a Chief Investment Officer at Auda Alternative Investments, a Managing Director at IFL, and a Managing Director with State Street Bank. Professor Chacko holds a Ph.D. in business economics from Harvard University and dual master's degrees in business economics (Harvard University) and business administration (University of Chicago). He holds a bachelor's degree in electrical engineering from the Massachusetts Institute of Technology. Anders Sjoman is the Head of the Communications Department at the Centre for Business History in Stockholm, Sweden. He has also served as a Vice President of Communications at Voddler and a senior researcher for Harvard Business School at its Paris-based Europe Research Center. Prior, Mr. Sjo man worked five years in Boston for Englishtown.com as Director of Production. A M.Sc. graduate of the Stockholm School of Economics in his native Sweden, and initially specialized in information management and international business, Mr. Sjo man speaks Swedish, English, French, and Spanish. Hideto Motohashi is a senior manager at NTT DoCoMo. He has held several positions at NTT during his career. He was manager in the Financial System Division at NTT COMWARE Corporation, where he helped financial institutions with their risk management systems. His experience at NTT COMWARE also includes systems analysis for the financial and telecommunications industries. He was also a Vice President of Strategic Finance and Financial Planning at Tata Teleservices. Mr. Motohashi completed the Advanced Study Program at Massachusetts Institute of Technology as a fellow. He holds a master's degree in international management from Thunderbird, the Garvin School of International Management, and a bachelor's degree in chemistry from Keio University, Japan. Vincent Dessain was appointed executive director of the Europe Research Center for Harvard Business School, based in Paris, in November 2001. The center works with HBS faculty members on research and course development projects across the European continent. Prior, he was senior director of corporate relationships at INSEAD in Fontainebleau and on the school's board of directors. Mr. Dessain has been active as a management consultant with Booz-Allen

Details Book

Author : George K. Chacko
Publisher : Pearson FT Press
Data Published :
ISBN : 0133249182
EAN : 9780133249187
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 320 pages
Age + : 15 years
Language : English
Rating :

Reviews Credit Derivatives



17 Comments Add a comment




Related eBooks Download


  • Credit Scoring and Its Applications free pdfCredit Scoring and Its Applications

    Tremendous growth in the credit industry has spurred the need for Credit Scoring and Its Applications. the only book that details the mathematical models that help creditors make intelligen1000t credit risk decisions..


  • The Oxford Handbook of Credit Derivatives free pdfThe Oxford Handbook of Credit Derivatives

    From the late 1990s. the spectacular growth of a secondary market for credit through derivatives has been matched by the emergence of mathematical modelling analysing the credit risk embedded in these contracts..


  • Credit Correlation free pdfCredit Correlation

    The recent growth of credit derivatives has been explosive. The global credit derivatives market grew in notional value from $1 trillion to $20 trillion from 2000 to 2006. However. understanding the true nature of these instruments still poses both theoretical and practical challenges..


  • Credit Risk Management for Indian Banks free pdfCredit Risk Management for Indian Banks

    Credit Risk Management for Indian Banks is a one-stop reference book for practising credit risk professionals in the Indian banking sector. This is the first book of its kind..


  • Counterparty Credit Risk, Collateral and Funding free pdfCounterparty Credit Risk, Collateral and Funding

    The book's content is focused on rigorous and advanced quantitative methods for the pricing and hedging of counterparty credit and funding risk. The new general theory that is required for this methodology is developed from scratch..


  • Credit Derivatives free pdfCredit Derivatives

    . Every company faces credit risk. Credit derivatives are among the most powerful tools available for managing it. Once restricted to the financial industry, they are now widely used by businesses of