免费下载书籍地址：PDF下载地址
精美图片
信用市场手册：高级模式问题THE CREDIT MARKET HANDBOOK: ADVANCED MODELING ISSUES书籍详细信息
- ISBN：9780471778622
- 作者：暂无作者
- 出版社：暂无出版社
- 出版时间：2006-12
- 页数：暂无页数
- 价格：755.30
- 纸张：胶版纸
- 装帧：精装
- 开本：暂无开本
- 语言：未知
- 丛书：暂无丛书
- TAG：暂无
- 豆瓣评分：暂无豆瓣评分
内容简介：
In The Credit Market Handbook, financial expert and Editor H. Gifford Fong has assembled a group of prominent professionals and academics familiar with the credit arena. In each chapter, a different expert analyzes a different issue related to today's dynamic credit market, including portfolio credit risk, valuation models, and the importance of modeling credit default.
In bringing together these noted authors and their work, Fong provides you with a rich framework of research in the area of credit analysis. Some of the topics discussed within this comprehensive guide include:
Estimating default probabilities implicit in equity prices
Structural versus reduced form models: a new information-based perspective
Valuing high-yield bonds
Predictions of default probabilities in structural models of debt
And much more
Filled with in-depth insight and expert advice, this invaluable resource offers you the critical information you need to succeed within today's credit market.
书籍目录：
Introduction.
Executive Chapter Summaries.
CHAPTER 1: Estimating Default Probabilties Implicit in Equity Prices (Tibor Janosi, Robert Jarrow, and Yildiray Yildirim).
Introduction.
The Model Structure.
Description of the Data.
Estimation of the State Variable Process Parameters.
Equity Return Estimation.
Analysis of the Time Series Properties of the Parameters.
Analysis of Fama–French Four-Factor Model with No Default.
Analysis of a Bubble Component (P/E ratio) in Stock Prices.
Analysis of the Default Intensity.
Relative Performance of the Equity Return Models.
Comparison of Default Intensities Based on Debt versus Equity.
Conclusions.
Notes.
References.
Appendix.
CHAPTER 2: redictions of Default Probabilities in Structural Models of Debt (Hayne E. Leland).
Introduction.
Recent Empirical Studies.
Structural Models and Default Risk.
The Default Boundary in Exogenous and Endogenous Cases.
The Default Probability with Constant Default Barrier.
Calibration of Models: The Base Case.
Matching Empirical Default Frequencies with the L-T Model.
Matching Empirical DPS with the L-S Model.
The Moody’s–KMV Approach.
Some Preliminary Thoughts on the Relationship Between the KMV Approach and L-S/L-T.
Conclusions.
Acknowledgments.
Postscript.
Appendix.
Notes.
References.
CHAPTER 3: Survey of the Recent Literature: Recovery Risk (Sanjiv R. Das).
Introduction.
Empirical Attributes.
Recovery Conventions.
Recovery in Structural Models.
Recovery in Reduced-Form Models.
Measure Transformations.
Summary and Speculation.
References.
CHAPTER 4: Non-Parametric Analysis of Rating Trasition and Default Data (Peter Fledelius, David Lando, and Jens Perch Nielsen).
Introduction.
Data and Outline of Methodology.
Estimating Transition Intensities in Two Dimensions.
One-Dimensional Hazards and Marginal Integration.
Confidence Intervals.
Transitions: Dependence on Previous Move and Duration.
Multiplicative Intensities.
Concluding Remarks.
Acknowledgments.
Notes.
References.
CHAPTER 5: ValuingHigh-Yield Bonds: A Business Modeling Approach (Thomas S. Y. Ho and Sang Bin Lee).
Introduction.
Specification of the Model.
A Numerical Illustration.
Empirical Evidence.
Implications of the Model.
Conclusions.
Acknowledgments.
Appendix.
Notes.
References.
CHAPTER 6: Structural versus Reduced-Form Models: New Information-Based Perspective (Robert A. Jarrow and Philip Protter).
Introduction.
The Setup.
Structural Models.
Reduced-Form Models.
A Mathematical Overview.
Observable Information Sets.
Conclusion.
Acknowledgment.
Notes.
References.
CHAPTER 7: Reduced-Form versus Structural Models of Credit Ris: A Case Study of Three Models (Navneet Arora, Jeffrey R. Bohn, and Fanlin Zhu).
Introduction.
Merton, Vasicek–Kealhofer, and Hull–White Models.
Data and Empirical Methodology.
Results.
Conclusion.
Acknowledgments.
Notes.
References.
CHAPTER 8: Implications of Correlated Defult for Portfolio Allocation to Corporate Bonds (Mark B. Wise and Vineer Bhansali).
Introduction.
A Model for Default.
The Portfolio Problem.
Sample Portfolios with Zero Recovery Fractions.
Sample Portfolios with Nonzero Recovery Fractions.
Concluding Remarks.
Acknowledgments.
Notes.
References.
CHAPTER 9: Correlated efault Processes: A Criterion-Based Copula Approach (Sanjiv R. Das and Gary Geng).
Introduction.
Description of the Data.
Copulas and Features of the Data.
Determining the Joint Default Process.
Simulating Correlated Defaults and Model Comparisons.
Discussion.
Acknowledgments.
Appendix: The Skewed Double Exponential Distribution.
Notes.
References.
Index.
作者介绍：
暂无相关内容，正在全力查找中
出版社信息：
暂无出版社相关信息，正在全力查找中！
书籍摘录：
暂无相关书籍摘录，正在全力查找中！
在线阅读/听书/购买/PDF下载地址：
在线阅读地址：信用市场手册：高级模式问题THE CREDIT MARKET HANDBOOK: ADVANCED MODELING ISSUES在线阅读
在线听书地址：信用市场手册：高级模式问题THE CREDIT MARKET HANDBOOK: ADVANCED MODELING ISSUES在线收听
在线购买地址：信用市场手册：高级模式问题THE CREDIT MARKET HANDBOOK: ADVANCED MODELING ISSUES在线购买
原文赏析：
暂无原文赏析，正在全力查找中！
其它内容：
暂无其它内容！
书籍真实打分
故事情节：5分
人物塑造：6分
主题深度：7分
文字风格：4分
语言运用：8分
文笔流畅：8分
思想传递：3分
知识深度：9分
知识广度：4分
实用性：3分
章节划分：4分
结构布局：9分
新颖与独特：6分
情感共鸣：7分
引人入胜：3分
现实相关：6分
沉浸感：5分
事实准确性：5分
文化贡献：3分
网站评分
书籍多样性：5分
书籍信息完全性：7分
网站更新速度：4分
使用便利性：5分
书籍清晰度：3分
书籍格式兼容性：8分
是否包含广告：4分
加载速度：9分
安全性：4分
稳定性：8分
搜索功能：8分
下载便捷性：7分
下载点评
- 购买多(112+)
- 三星好评(382+)
- 无漏页(517+)
- 图书多(216+)
- 目录完整(263+)
- 内容齐全(255+)
- 无多页(248+)
- 内容完整(96+)
- txt(99+)
- 种类多(197+)
- 在线转格式(153+)
- 排版满分(194+)
下载评价
网友 龚***湄：差评，居然要收费！！！
网友 冉***兮：如果满分一百分，我愿意给你99分，剩下一分怕你骄傲
网友 师***怀：好是好，要是能免费下就好了
网友 寇***音：好，真的挺使用的！
网友 宫***玉：我说完了。
网友 通***蕊：五颗星、五颗星，大赞还觉得不错！~~
网友 游***钰：用了才知道好用，推荐！太好用了
网友 马***偲：好 很好 非常好 无比的好 史上最好的
网友 曾***玉：直接选择epub/azw3/mobi就可以了，然后导入微信读书，体验百分百！！！
网友 田***珊：可以就是有些书搜不到
网友 宓***莉：不仅速度快，而且内容无盗版痕迹。
网友 仰***兰：喜欢！很棒！！超级推荐！
网友 濮***彤：好棒啊！图书很全