The outset for this thesis is the contemporary risk management concept of Enterprise Risk Management (ERM). ERM has for … life. The idea of managing or controlling risk is however not new. The development of statistics and the calculation of … perspective of classical risk management, transformed uncertainty into predictable risk. Such linkages are utilized in many places …

In this paper, we perform a robust analysis of the determinants of US swap spreads using a wide range of theoretically … the swap spread differ between different horizons. The sensitivity of the parameters to all possible model specifications … the Mortgage Backed Security holders have strong impacts on the US swap spread. …