Understanding Market, Credit, and Operational Risk by Saunders Anthony

Understanding Market, Credit, and Operational Risk by Saunders Anthony

A step-by-step, real world guide to the use of Value at Risk (VaR) models, this text applies the VaR approach to the measurement of market risk, credit risk and operational risk. The book describes and critiques proprietary models, illustrating them with practical examples drawn from actual case studies. Explaining the logic behind the economics and statistics, this technically sophisticated yet intuitive text should be an essential resource for all readers operating in a world of risk. Applies the Value at Risk approach to market, credit, and operational risk measurement. Illustrates models with real-world case studies. Features coverage of BIS bank capital requirements.

"This book is a clear explanation of the science and art of the Value at Risk approach to risk measurementThere is no better explication of both the theory underlying the approach and its practical implementation. It is an invaluable tool to anyone involved in any type of risk management." Mark Zandi, Economy.com

ANTHONY SAUNDERS is the John M. Schiff Professor of Finance and former chair of the Department of Finance at the Stern School of Business at New York University. He holds positions on the Board of Academic Consultants of the Federal Reserve Board of Governors as well as the Council of Research Advisors for the Federal National Mortgage Association, and has been a visiting scholar at the Comptroller of the Currency and at the International Monetary Fund.

LINDA ALLEN is the Presidential Professor of Finance at the Zicklin School of Business at Baruch College, City University of New York (CUNY), and Adjunct Professor of Finance at the Stern School of Business, New York University. She has been a member of the Standard & Poor's Academic Council since its formation in 2004. Professor Allen has published extensively in top academic journals in finance and economics.

SKU	Unavailable
ISBN 13	9780631227090
ISBN 10	0631227091
Title	Understanding Market, Credit, and Operational Risk
Author	Saunders Anthony
Condition	Unavailable
Binding Type	Hardback
Publisher	Wiley-Blackwell
Year published	2003-12-30
Number of pages	312
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable