This book, unique in its composition, reviews the academic empirical literature on how CDSs actually work in practice, including during distressed times of market crises. It also discusses the mechanics of single-name and index CDSs, the theoretical costs and benefits of CDSs, as well as...

Corona-Gesundheitsschock – Seuchengefahr für die Menschheit -- Weltweite Wirtschaftsinstabilität -- Risiko der Euro-Zerfallsdynamik und EU-Aspekte -- Impfförderungsaufgaben und Kooperation sowie globale Führungsfragen.

1 Introduction: Economics and Organization of Financial Markets -- Part 1 Basic Financial Instruments -- 2 Basic Finance: Interest rates, Discounting, Investments, Loans -- 3 The Money Market and its Interbank Segment -- 4 The Bond Markets -- 5 Introduction to the Analysis of Interest Rate and...

Part I. The Criteria-based Approach to Credit Assessment and Crdit Rating -- Chapter 1. Credit Analysis and Credit Management -- Chapter 2. Financial Statement Analysis -- Chapter 3. The Criteria-based Approach to Credit Assessment and Credit Risk Rating -- Chapter 4. The Building Blocks of...

1. The Euro Area Banking System: Where Do We Stand? -- 2. The Main Challenges Facing the Euro Area Banking System -- 3. Non-performing Loans in the Euro Area -- 4. Level 3 Assets and Sovereign Exposure -- 5. Progress on the First Two Pillars of the Banking Union -- 6. The Third Pillar of the...

Part I. International Investments -- Chapter 1. The Economics of the International Market; Chapter 2. Portfolio Theory and International Diversification -- Part II. Fundamentals of Exchange-Traded Funds -- Chapter 3. The Basics of Exchange-Traded Funds -- Chapter 4. The Operation and...

This book provides a unique, focused introduction to the analytical skills, methods and techniques in the assessment of credit risk that are necessary to tackle and analyze complex credit problems. It employs models and techniques from operations research and management science to investigate...