The credit derivatives market is booming and, for the first time, expanding into the banking sector which previously has had very little exposure to quantitativ

Featuring contributions from leading international academics and practitioners, Credit Risk: Models, Derivatives, and Management illustrates how a risk manageme

The market for credit derivatives--financial instruments designedto transfer credit risk from one party to another--has grownexponentially in recent years, with

This book provides a comprehensive guide for modern derivatives pricing and credit analysis. Written to provide sound theoretical detail but practical implicati

In this book, two of America's leading economists provide the first integrated treatment of the conceptual, practical, and empirical foundations for credit risk