liquidity. The framework generalizes existing models by introducing a stochastic liquidity factor. The flexibility of the … framework is illustrated by an application that deals with the pricing of a liquidity derivative. The second chapter focuses on …

Modifikation der Theorie der Stochastischen Integration zeigt der Autor, dass der Zustands-Präferenz-Ansatz in einer Version ohne …

management, exploring applications for portfolio theory, asset allocation and optimization. This book also provides some of the …

Introduction -- Liquidity Risk: Economic Issues -- Liquidity Risk: Regulatory Issues -- Economic Impacts of the New …The recent turmoil on financial markets has made evident the importance of efficient liquidity risk management for the … stability of banks. The measurement and management of liquidity risk must take into account economic factors such as the impact …

Börsen e.V. Dieses Werk erzielt in ausgewogener Form die Verbindung zwischen juristischer Theorie und praktischer Umsetzung …