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Loss Given Default - Empirical observations and models

by Ivan Petrov
Save 12% Save 12%
Current price ₹4,512.00
Original price ₹5,145.00
Original price ₹5,145.00
Original price ₹5,145.00
(-12%)
₹4,512.00
Current price ₹4,512.00

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Book cover type: Paperback
  • ISBN13: 9783639178081
  • Binding: Paperback
  • Subject: N/A
  • Publisher: VDM Verlag
  • Publisher Imprint: VDM Verlag
  • Publication Date:
  • Pages: 80
  • Original Price: GBP 40.67
  • Language: English
  • Edition: N/A
  • Item Weight: 127 grams
  • BISAC Subject(s): General

In times of implementation of Basel II Approach and financial crisis, the importance of Loss Given Default (LGD), as a measure of expected losses by default of banks, companies, corporations, etc. will increase rapidly. The understanding of central statistical characteristics of LGD will help the Banks, Hedge Funds and other Lending Parties to forecast and measure the potential losses, if a company goes bankrupt. For its prediction should be created new accurate mathematical and risk management models and therefore the involving parties should have more empirical observations from the past and study the existing models in that area.

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