Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: From the reviews:"This book compiles articles by various authors addressing estimation of three key risk parameters: probability of default (PD), loss given default (LGD), and exposure at default (EAD). The authors identify their intended audience as risk managers and quantitative risk or ratings analysts working on credit risk and regulatory issues. These groups likely will find this book an accessible reference . The exposition related to regulatory issues is quite good and worthwhile for all." (Keith Heyen, Journal of the American Statistical Association, Vol. 103 (483), September, 2008). Buchnummer des Verkäufers
A critical problem in the practice of banking risk assessment is the estimation and validation of the Basel II risk parameters PD (default probability), LGD (loss given default), and EAD (exposure at default). This book presents the state-of-the-art in designing and validating rating systems and default probability estimations, and outlines techniques to estimate LGD and EAD. Also included is a chapter on stress testing of the Basel II risk parameters.
The estimation and the validation of the Basel II risk parameters PD (default probability), LGD (loss given fault), and EAD (exposure at default) is an important problem in banking practice. These parameters are used on the one hand as inputs to credit portfolio models and in loan pricing frameworks, on the other to compute regulatory capital according to the new Basel rules. This book covers the state-of-the-art in designing and validating rating systems and default probability estimations. Furthermore, it presents techniques to estimate LGD and EAD and includes a chapter on stress testing of the Basel II risk parameters. The second edition is extended by three chapters explaining how the Basel II risk parameters can be used for building a framework for risk-adjusted pricing and risk management of loans.
Buchbeschreibung Springer, 2010. Paperback. Buchzustand: Like New. 8vo. Softcover, like new. 2010 edition.Your purchase benefits literacy and summer reading programs in Cincinnati and Hamilton County, Ohio. We ship every business day. All books ship in cardboard bookfolds with delivery confirmation. Buchnummer des Verkäufers 000599
Buchbeschreibung Springer, 2010. Paperback. Buchzustand: Good. Item may show signs of shelf wear. Pages may include limited notes and highlighting. Includes supplemental or companion materials if applicable. Access codes may or may not work. Connecting readers since 1972. Customer service is our top priority. Buchnummer des Verkäufers mon0000583365
Buchbeschreibung Springer, 2010. Buchzustand: very good. Gently used. Expect delivery in 20 days. Buchnummer des Verkäufers 9783642069628-3
Buchbeschreibung Springer, 2010. Paperback. Buchzustand: New. 1st Edition.. This item is printed on demand. Buchnummer des Verkäufers DADAX3642069622