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-driven. After the deregulation of the financial market, banks had to take on extensive risk in order to earn sufficient returns … this interest rate risk is strong required. In the last years banks developed a variety of methods for measuring and … managing interest rate risk. From these the most frequently used in real banking life and recommended by Basel Committee are …
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environmentalists since 1990 on a range of issues in the EU, compared to the USA. Beck's 'Risk Society' theory has general resonance … USA on environmental issues. These differences have been parallel to the apparently stronger influence of … with contemporary western attitudes to risk. However, it may be that the US regulatory framework may now be more …
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This paper discusses the estimation of models of the term structure of interest rates. After reviewing the term structure models, specifically the Nelson-Siegel Model and Affine Term- Structure Model, this paper estimates the terms structure of Treasury bond yields for the United States with...
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in risk allocation. Notwithstanding these advantages, however, limited market size and the greater pro-cyclicality of …
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