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Measuring and Managing Liquidity Risk

Amazon.com Price:  $72.98 (as of 12/05/2019 16:58 PST- Details)

Description

A fully up-to-date, state of the art guide to the measurement and management of liquidity risk

Written for front and middle place of work risk management and quantitative practitioners, this book provides the ground-level knowledge, tools, and techniques for effective liquidity risk management. Highly practical, though thoroughly grounded in theory, the book begins with the basics of liquidity risks and, the use of examples pulled from the up to date financial crisis, how they manifest themselves in financial institutions. The book then goes on to have a look at tools which can be utilized to measure liquidity risk, discussing risk monitoring and the different models used, notably financial variables models, credit variables models, and behavioural variables models, and then at managing these risks. In addition to having a look on the tools essential for effective measurement and management, the book also looks at and discusses current regulation and the implication of new Basel regulations on management procedures and tools.

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