Описание: The first decade of the 21st Century has been disastrous for financial institutions, derivatives and risk management. Counterparty credit risk has become the key element of financial risk management, highlighted by the bankruptcy of the investment bank Lehman Brothers and failure of other high profile institutions such as Bear Sterns, AIG, Fannie Mae and Freddie Mac. The sudden realisation of extensive counterparty risks has severely compromised the health of global financial markets. Counterparty risk is now a key problem for all financial institutions. This book explains the emergence of counterparty risk during the recent credit crisis. The quantification of firm-wide credit exposure for trading desks and businesses is discussed alongside risk mitigation methods such as netting and collateral management (margining) and central counterparties. Banks and other financial institutions have been recently developing their capabilities for pricing counterparty risk and these elements are considered in detail via a characterisation of credit value adjustment (CVA). The implications of an institution valuing their own default via debt value adjustment (DVA) and funding costs (FVA) are also considered at length. Portfolio management and hedging of CVA are described in full. Wrong-way counterparty risks are addressed in detail in relation to interest rate, foreign exchange, commodity and credit derivative products. Regulatory capital for counterparty risk, including the recent Basel III requirements for CVA VAR is discussed. The management of counterparty risk within an institution by a CVA desk is also discussed in detail. Finally, the design and benefits of central clearing, a recent development to attempt to control the rapid growth of counterparty risk, is considered. Hedging aspects, together with the associated instruments such as credit defaults swaps (CDSs) and contingent CDS (CCDS) are described in full. This book is unique in being practically focused but also covering the more technical aspects. It is an invaluable complete reference guide for any market practitioner, policy maker, academic or student with any responsibility or interest within the area of counterparty credit risk and CVA.
Описание: the complete guide to adjusting for measurement error—expanded and updated
no measurement is ever exact. Adjustment Computations updates a classic, definitive text on surveying with the latest methodologies and tools for analyzing and adjusting errors with a focus on least squares adjustments, the most rigorous methodology available and the one on which accuracy standards for surveys are based.
This extensively updated Fifth Edition shares new information on advances in modern software and GNSS-acquired data. Expanded sections offer a greater amount of computable problems and their worked solutions, while new screenshots guide readers through the exercises. Continuing its legacy as a reliable primer, Adjustment Computations covers the basic terms and fundamentals of errors and methods of analyzing them and progresses to specific adjustment computations and spatial information analysis. Current and comprehensive, the book features:
•Easy-to-understand language and an emphasis on real-world applications
•Analyzing data in three dimensions, confidence intervals, statistical testing, and more
•An updated support web page containing a 150-page solutions manual, software (STATS, ADJUST, and MATRIX for Windows computers), MathCAD worksheets, and more at http://www.wiley.com/college/ghilani
•The latest information on advanced topics such as the tau criterion used in post-adjustment statistical blunder detection
Adjustment Computations, Fifth Edition is an invaluable reference and self-study resource for working surveyors, photogrammetrists, and professionals who use GNSS and GIS for data collection and analysis, including oceanographers, urban planners, foresters, geographers, and transportation planners. It's also an indispensable resource for students preparing for licensing exams and the ideal textbook for courses in surveying, civil engineering, forestry, cartography, and geology.
Автор: E. Mark Cummings; Christine E. Merrilees; Laura K. Название: Political Violence, Armed Conflict, and Youth Adjustment ISBN: 3319515829 ISBN-13(EAN): 9783319515823 Издательство: Springer Рейтинг: Цена: 13974.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book reviews and critiques the growing literature on youth development under conditions of political violence and armed conflict. It presents a robust framework, based in developmental psychopathology, for evaluating current research on this topic for strength of design, methodology, and documentation. Cross-sectional and longitudinal studies from diverse regions and conflicts as well as across disciplines examine risks and challenges as well as resilience and coping as youth develop in unstable and threatening environments. In addition, this book provides strategies for designing and implementing prevention and intervention programs as well as further opportunities for expanding applied research for youth exposed to political violence and armed conflict. Topics featured in this book include:
Analysis of major research on youths' normative and pathological development during political violence and war.
Guidelines for assessing research studies on the impact of political violence and armed conflict on youth.
The effects of social ecology factors (e.g., family, school, and community) on youth functioning.
Post-traumatic stress disorder.
Trauma-Focused Cognitive-Behavioral Therapy.
Political Violence, Armed Conflict, and Youth Adjustment is a must-have resource for researchers, professors, clinicians/professionals, and graduate students in the fields of child and school psychology, family studies, and public health as well as developmental psychology, child and adolescent psychiatry, political science, anthropology, social and peace psychology, sociology, and ethnic studies.
Описание: This book reports why orthodox structural adjustment measures do not have the expected results in Africa. three chapters compare countries in Africa (recovery from disaster, labour markets, new financial markets) and one makes comparisons with Asia and Latin America of employment policies.
Описание: ГЇВїВЅ Model-based recursive partitioning (MOB) provides a powerful synthesis between machine-learning inspired recursive partitioning methods and regression models.
Автор: Walle Название: Beyond Structural Adjustment ISBN: 1403963177 ISBN-13(EAN): 9781403963178 Издательство: Springer Рейтинг: Цена: 5589.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: As the World Bank famously put it back in 1989, `underlying the litany of Africa`s development problems is a crisis of governance.` This is a collection of authoritative essays bringing together prominent Africanists in political science and public administration to look at the role of governance in African development.
Автор: Greenaway D. et al Название: Globalisation and Labour Market Adjustment ISBN: 0230004938 ISBN-13(EAN): 9780230004931 Издательство: Springer Рейтинг: Цена: 14673.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more pessimistic. Workers feel less secure in their jobs and fear wage losses and unemployment. This book explores these issues, and asks whether the concerns are warranted.
Автор: Rob Vos Название: Debt and Adjustment in the World Economy ISBN: 0333625064 ISBN-13(EAN): 9780333625064 Издательство: Springer Рейтинг: Цена: 20962.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: An analysis of the international aspects of development finance, credit-rationing rules set by bank mangers and donor governments and macroeconomic policies in the industrialized world. The study proposes a global framework to assess the contribution of external financial resources for development.
Автор: Rosemary Thorp; Laurence Whitehead Название: Latin American Debt and the Adjustment Crisis ISBN: 0333426495 ISBN-13(EAN): 9780333426494 Издательство: Springer Рейтинг: Цена: 7685.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Автор: K. Baumgarten; Franz Gehrels; Horst Herberg; L. Be Название: Real Adjustment Processes under Floating Exchange Rates ISBN: 3642842003 ISBN-13(EAN): 9783642842009 Издательство: Springer Рейтинг: Цена: 18167.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: It is worthwhile recalling that at that time one had only very limited experience with the regime of flexible exchange rates: The most important case, the floating of Canadian against the US dollar, could not be generalized to a world where nearly all important countries adhered to the regime of flexible exchange rates.
Описание: 1 The Importance of Irreversibility and Learning - Familiar 11 Bxamples Revisited 1. 3 Conclusions 30 2 The Role of Irreversibility and Learning in Sequential Decision Problems - Basic Concepts 33 2. 2 Economic Examples 37 2. 2 The Two-Period Model with Uncertainty 46 2. 2 An Example: Money Demand as Demand for Flexibility 61 2.
Автор: Arne Bigsten; Steve Kayizzi-Mugerwa Название: Crisis, Adjustment and Growth in Uganda ISBN: 1349150371 ISBN-13(EAN): 9781349150373 Издательство: Springer Рейтинг: Цена: 10760.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Uganda in the 1970s and early 1980s was one of Africa`s more tragic economic stories. In the study, the effects of economic policy at the aggregate level are discussed in detail, but `snapshot` empirical analyses of responses at the household level, both urban and rural, are also presented.
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