Market consistency : model calibration in imperfect markets
by
 
Kemp, Malcolm H. D.

Title
Market consistency : model calibration in imperfect markets

Author
Kemp, Malcolm H. D.

ISBN
9780470770887

Personal Author
Kemp, Malcolm H. D.

Publication Information
Chichester, U.K. : Wiley, c2009.

Physical Description
xxv, 350 p. : ill. ; 26 cm.

Series
Wiley finance series

General Note
Formerly CIP.

Contents
1. Introduction -- 2. When is and when isn't Market Consistency Appropriate? -- 3. Different Meanings given to 'Market Consistent Valuations' -- 4. Derivative Pricing Theory -- 5. The Risk-free Rate -- 6. Liquidity Theory -- 7. Risk Measurement Theory -- 8. Capital Adequacy -- 9. Calibrating Risk Statistics to Perceived 'Real World' Distributions -- 10. Calibrating Risk Statistics to 'Market Implied' Distributions -- 11. Avoiding Undue Pro-cyclicality in Regulatory Frameworks -- 12. Portfolio Construction -- 13. Calibrating Valuations to the Market -- 14. The Final Word.

Subject Term
Capital market.
 
Banks and banking.
 
Risk management.


LibraryMaterial TypeItem BarcodeShelf NumberCopy
IIEMSAGeneral Books33168025557436332.0415 K32M 20091