Bubble value at risk : a countercyclical risk management approach / Max C.Y. Wong.

Format:

Book

Author/Creator:

Wong, Max C. Y.

Series:

Wiley Finance

Wiley finance series

Language:

English

Subjects (All):

Risk management.

Business cycles.

Physical Description:

1 online resource (380 p.)

Edition:

Rev. ed.

Place of Publication:

Singapore : Wiley, c2013.

Language Note:

English

System Details:

text file

Summary:

Introduces a powerful new approach to financial risk modeling with proven strategies for its real-world applications The 2008 credit crisis did much to debunk the much touted powers of Value at Risk (VaR) as a risk metric. Unlike most authors on VaR who focus on what it can do, in this book the author looks at what it cannot. In clear, accessible prose, finance practitioners, Max Wong, describes the VaR measure and what it was meant to do, then explores its various failures in the real world of crisis risk management. More importantly, he lays out a revolutionary new method of measuring risks

Contents:

pt. 1. Background

pt. 2. Value at risk methodology

pt. 3. The great regulatory reform

pt. 4. Introduction to bubble value-at-risk (BuVaR).

Notes:

"First edition published by Immanuel Consulting Pte. Ltd. in 2011"--t.p. verso.

Includes bibliographical references and index.

Description based on metadata supplied by the publisher and other sources.

ISBN:

9781119198925

1119198925

9781299318434

1299318436

9781118550359

1118550358

9781118550373

1118550374

OCLC:

827207474