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knowledge, has investigated the reasons why higher rated securities recover more than lower rated securities in the event of … default. Specifically, this paper will empirically investigate why securities originally rated investment grade, fallen angels …, recover more than securities originally rated high yield in the event of default. …
Persistent link: https://www.econbiz.de/10009474969
In dieser Arbeit setzen wir uns mit den Auswirkungen von Risikobeschränkungen auf das optimale Verhalten eines Investors auseinander, welcher versucht, den erwarteten Endnutzen zu einem festgelegten Zeitpunkt zu maximieren. Dazu kann er ein vorgegebenes Anfangsvermögen in einem Markt...
Persistent link: https://www.econbiz.de/10009462193
. It suggest a microeconometric method for measuring flooding related risk preferences of affectedindividuals. The method …-experimental approach to measure differences in the risk attitudes of farmers located in highflooding risk areas versus farmers located in … low flooding risk areas is followed. Changes in flooding risk relatedbehaviour over time is analysed and marginal effects …
Persistent link: https://www.econbiz.de/10009442826
the complete risk management process. An Example from a mechanical engineering company is used for the final validation of …
Persistent link: https://www.econbiz.de/10009467405
-Walrasian disequilibrium approach and describe optimizing agents. These agents use chance constraints which depict a Cash Flow at Risk approach …
Persistent link: https://www.econbiz.de/10009449067
Much farm financial risk research has involved the application of "credit-scoring" models. We approach the issue of … measuring financial risk by using the actual interest rates charged on agricultural loans reported in the USDA's ARMS survey as … market-based measures of the financial risk associated with individual farm operations. A simultaneous equations model …
Persistent link: https://www.econbiz.de/10009429486
the South African securities market. These phenomena are commonly referred to in the literature as security market …
Persistent link: https://www.econbiz.de/10009442175
greater importance, it is at the expense of greater risk. On a risk-return basis, relative to a benchmark, there is no …
Persistent link: https://www.econbiz.de/10009447771
Typescript (photocopy).
Persistent link: https://www.econbiz.de/10009472143
medium companies, creation of new stock company transformed Lithuanian economy. The stock companies appeared, securities … role fell on securities under modern market economic conditions. The objective of this work is to clear up what is it the … securities, how they are divided and to evaluete the market of Lithuanian stock.The main tasks of this work are to explore what …
Persistent link: https://www.econbiz.de/10009478188