Elements of Financial Risk Management

3 avg rating
( 3 ratings by GoodReads )
 
9780121742324: Elements of Financial Risk Management

Value-at-Risk has emerged as the standard tool for measuring and reporting financial market risk. Currently, more than eighty commercial vendors offer enterprise or trading risk management systems that provide VAR-like measures. Risk managers are therefore often left with the daunting task of having to choose from this plethora of risk measures.
While basic VAR textbooks describe average VAR situations, the vast majority of these situations are abnormal. Elements of Financial Risk Management focuses on implementation, especially recent techniques which facilitate "bridging the gap" between standard textbooks on risk and real-life risk management systems. This book will appeal to practitioners in the financial services and investment industries, as well as graduate students and advanced undergraduates who want exposure to these techniques.

*Pinpoints key features of risk asset returns and captures them in tractable statistical models in the companion website *Presents step-by-step approaches as a means to solve problems *Visible patterns in the data motivate the choices of tools, and when tools fall short, it presents the next tool

"synopsis" may belong to another edition of this title.

From the Back Cover:

"Christoffersen offers a very readable, one-of-a-kind introduction to modern risk management and associated techniques for volatility and correlation modeling. The book strikes an excellent balance between mathematical rigor and intuition, and I would highly recommend it to any student or finance practitioner interested in learning about the latest and most important new developments in the field. This is a winner."
- Tim Bollerslev, Duke University, Durham, North Carolina

"A very useful risk management book, emphasizing the statistical modeling of market risk."
- Philippe Jorion, University of California, Irvine

"This is a book I and dozens of others wanted to write, and a book everyone in financial risk management will want to read. It is rigorous yet immensely practical, unifying many threads from the past and pointing the way toward the future-an instant classic."
- Francis X. Diebold, WP Carey Professor of Economics, Professor of Finance and Statistics, Department of Economics, University of Pennsylvania


'Elements of Financial Risk Management' pinpoints key features of risk asset returns and captures them in tractable statistical models. Written for those who measure and manage risks, Christoffersen explores various types of market risk as well as the construction of conditional densities for simple assets, simulation based methods in risk management, option pricing and hedging, and risk model evaluation and comparison.

Pedagogically effective, it presents step-by-step approaches as a means to solve problems. Visible patters in the data motivate the choices of tools, and when tools fall short, it presents the next tool. This unique approach bridges the gap between theory and practice.


About the Author:
Peter Christoffersen is a finance professor at McGill University, Montreal, Quebec, Canada and a Fellow of CIRANO.

About the Author:

By Dr. Peter Christoffersen

"About this title" may belong to another edition of this title.

Buy New View Book
List Price: US$ 104.00
US$ 37.08

Convert Currency

Shipping: US$ 16.36
From Germany to U.S.A.

Destination, Rates & Speeds

Add to Basket

Top Search Results from the AbeBooks Marketplace

1.

Christoffersen, Peter
Published by Academic Press, USA (2003)
ISBN 10: 0121742326 ISBN 13: 9780121742324
New Hardcover First Edition Quantity Available: 1
Seller
Book & Media GmbH
(Berlin, Germany)
Rating
[?]

Book Description Academic Press, USA, 2003. Hardcover. Book Condition: Neu. 1. Auflage. Bookseller Inventory # 000694

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 37.08
Convert Currency

Add to Basket

Shipping: US$ 16.36
From Germany to U.S.A.
Destination, Rates & Speeds

2.

Christoffersen, Peter
Published by Academic Press
ISBN 10: 0121742326 ISBN 13: 9780121742324
New Hardcover Quantity Available: 1
Seller
Cloud 9 Books
(West Palm Beach, FL, U.S.A.)
Rating
[?]

Book Description Academic Press. Hardcover. Book Condition: New. 0121742326 New Condition. Bookseller Inventory # NEW6.0040020

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 49.99
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds

3.

Christofferson, Peter;Christofferson, Peter F.
Published by St Louis, Missouri, U.S.A.: Academic Pr (2003)
ISBN 10: 0121742326 ISBN 13: 9780121742324
New Hardcover Quantity Available: 11
Seller
LINDABOOK
(Taipei, TP, Taiwan)
Rating
[?]

Book Description St Louis, Missouri, U.S.A.: Academic Pr, 2003. Hardcover. Book Condition: New. Ship out 1-2 business day,Brand new,US edition, Free tracking number usually 2-4 biz days delivery to worldwide Same shipping fee with US, Canada,Europe country, Australia, please use your post office system to track the item, item will ship out from either LA or Asia. Bookseller Inventory # ABE-5295576572

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 54.08
Convert Currency

Add to Basket

Shipping: US$ 9.90
From Taiwan to U.S.A.
Destination, Rates & Speeds

4.

Christoffersen, Peter
Published by Academic Press (2003)
ISBN 10: 0121742326 ISBN 13: 9780121742324
New Hardcover Quantity Available: 2
Seller
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description Academic Press, 2003. Hardcover. Book Condition: New. Bookseller Inventory # P110121742326

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 62.00
Convert Currency

Add to Basket

Shipping: US$ 2.99
Within U.S.A.
Destination, Rates & Speeds

5.

Peter Christoffersen
Published by Academic Press (2003)
ISBN 10: 0121742326 ISBN 13: 9780121742324
New Hardcover First Edition Quantity Available: 1
Seller
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description Academic Press, 2003. Hardcover. Book Condition: New. First Edition. Bookseller Inventory # DADAX0121742326

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 88.98
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

6.

Christofferson, Peter
Published by Academic Press, Inc., London (2003)
ISBN 10: 0121742326 ISBN 13: 9780121742324
New Hardcover Quantity Available: 1
Seller
MARCIAL PONS LIBRERO
(MADRID, Spain)
Rating
[?]

Book Description Academic Press, Inc., London, 2003. TAPA DURA. Book Condition: New. Bookseller Inventory # 100688626

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 114.89
Convert Currency

Add to Basket

Shipping: US$ 15.27
From Spain to U.S.A.
Destination, Rates & Speeds