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Titlebook: Recovery Risk in Credit Default Swap Premia; Timo Schl?fer Book 2011 Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011 Cr

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書目名稱Recovery Risk in Credit Default Swap Premia
編輯Timo Schl?fer
視頻videohttp://file.papertrans.cn/825/824290/824290.mp4
圖書封面Titlebook: Recovery Risk in Credit Default Swap Premia;  Timo Schl?fer Book 2011 Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011 Cr
描述The finance literature looks at a number of factors to explain risk premia in corporate debt, such as liquidity effects, jump-to-default risk, and contagion risk. Stochastic recovery rates as a source of systematic risk have not received much attention so far, most likely due to the difficulties around decomposing the expected loss. Timo Schl?fer exploits the fact that differently-ranking debt instruments of the same issuer face identical default risk but different default-conditional recovery rates. He shows that this allows isolating recovery risk without any of the rigid assumptions employed by priors and implements his approach using credit default swap data.
出版日期Book 2011
關(guān)鍵詞Credit risk; Default rate; Loan-only credit default swap; Recovery rate; Risk premia
版次1
doihttps://doi.org/10.1007/978-3-8349-6666-7
isbn_softcover978-3-8349-2844-3
isbn_ebook978-3-8349-6666-7
copyrightGabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2011
The information of publication is updating

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Timo Schl?ferbelieve in achieving impossible things by breaking the process into its component steps, and by assigning responsibility for each component to an appropriate individual or group within the consortium. The key is to develop a holistic understanding of what the consortial electronic resource collectio
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Timo Schl?ferbelieve in achieving impossible things by breaking the process into its component steps, and by assigning responsibility for each component to an appropriate individual or group within the consortium. The key is to develop a holistic understanding of what the consortial electronic resource collectio
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Timo Schl?ferbelieve in achieving impossible things by breaking the process into its component steps, and by assigning responsibility for each component to an appropriate individual or group within the consortium. The key is to develop a holistic understanding of what the consortial electronic resource collectio
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Timo Schl?ferbelieve in achieving impossible things by breaking the process into its component steps, and by assigning responsibility for each component to an appropriate individual or group within the consortium. The key is to develop a holistic understanding of what the consortial electronic resource collectio
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es how project managers and media authors work as a team to create a script for eLearning that fulfils learning psychology criteria and current multimedia didactics. Tools for designing and writing scripts are presented and evaluated so that a needs-based selection is possible. The third edition has
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