Financial risk management : models, history, and institutions

"An in-depth look at the tools and techniques professionals use to address financial risksRisk and uncertainty, as Allan Malz explains in his ground-breaking new book, are two completely different concepts. Risk is a quantifiable uncertainty that can be modeled, while uncertainty defines non-qu...

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Bibliographic Details
Main Author: Malz, Allan M. (Author)
Format: Book
Language:English
Published: Hoboken, New Jersey : Wiley , c2011
Series:Wiley finance series
Subjects:

MARC

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020 |a 0470481803 (hardback : alk. paper) 
020 |a 9780470481806 (hardback : alk. paper) 
020 |a 9781118022894 (ebook) 
020 |a 9781118022900 (ebook) 
020 |a 9781118022917 (ebook) 
050 0 0 |a HD61   |b .M35 2011 
090 0 0 |a HD61   |b .M35 2011 
100 1 |a Malz, Allan M. ,   |e author 
245 1 0 |a Financial risk management :   |b models, history, and institutions   |c Allan M. Malz 
260 |a Hoboken, New Jersey :   |b Wiley ,   |c c2011 
300 |a xxiii, 722 p. :   |b ill. ;   |c 24 cm. 
490 1 |a Wiley finance series 
504 |a Includes bibliographical references (p. 671-699) and index 
505 0 |a 1. Financial risk in a crisis-prone world -- 2. Market risk basics -- 3. Value-at-Risk -- 4. Nonlinear risks and the treatment of bonds and options -- 5. Portfolio VaR for market risk -- 6. Credit and counterparty risk -- 7. Spread risk and default intensity models -- 8. Portfolio credit risk -- 9. Structured credit risk -- 10. Alternatives to the standard market risk model -- 11. Assessing the quality of risk measures -- 12. Liquidity and leverage -- 13. Risk control and mitigation -- 14. Financial crises -- 15. Financial regulation 
520 |a "An in-depth look at the tools and techniques professionals use to address financial risksRisk and uncertainty, as Allan Malz explains in his ground-breaking new book, are two completely different concepts. Risk is a quantifiable uncertainty that can be modeled, while uncertainty defines non-quantifiable outcomes that are not always known. Part art and part science, the study of risk remains a relatively new discipline in finance and economics that continues to be refined. Financial crisis, rather than destroying the need for risk management, has given even great nuance and meaning to what risks exist and can be managed and controlled, and a taxonomy of new risks that need to be explored in ever more meaningful ways. This definitive guide on financial risk Explores all the tools and techniques needed to cope with risk Addresses state of the art approaches to modeling and managing risks Investigates stress tests in periods of heightened uncertainty, and the impact that variables such as liquidity and correlations can have on risk mitigation Provides practicing risk professionals with useful rules of thumb, intuitions, and insights gleaned from Malz?s entire career as risk researcher, chief risk officer, and financial market regulator outside his classroom at Columbia University Informative and engaging, this book will help you understand why risk has become its own essential discipline on Wall Street and beyond"-- Provided by publisher 
650 0 |a Financial risk management 
999 |a 1000155902   |b Book   |c OPEN SHELF (30 DAYS)   |e Gong Badak Campus