Semi-Markov Migration Models for Credit Risk

Author/creator D'Amico, Guglielmo Author
Other author Janssen, Jacques Author
Other author Manca, Raimondo Author
Other author Di Biase, Giuseppe Author
Format Electronic
Publication InfoWiley-ISTE [Imprint] Hoboken : John Wiley & Sons, Incorporated
Description316 p. 23.879 x 016.260 cm.
Supplemental ContentFull text available from Ebook Central - Academic Complete
Subjects

Summary Annotation Credit risk is one of the most important contemporary problems for banks and insurance companies. Indeed, for banks, more than forty percent of the equities are necessary to cover this risk. Though this problem is studied by large rating agencies with substantial economic, social and financial tools, building stochastic models is nevertheless necessary to complete this descriptive orientation. This book presents a complete presentation of such a category of models using homogeneous and non-homogeneous semi-Markov processes developed by the authors in several recent papers.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781848219052
ISBN1848219059 (Trade Cloth) Active Record
Standard identifier# 9781848219052
Stock number00028608

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