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Pricing Export Credit
- A Concise Framework with Examples and Implementation Code in R
Engelsk Paperback
Pricing Export Credit
- A Concise Framework with Examples and Implementation Code in R
Engelsk Paperback

573 kr
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6 - 8 hverdage

Om denne bog
Pricing of export credit is a challenge in the globalised world trade. Annual premia represent billions of euros or dollars and may determine competition. This book develops a rigorous new framework for pricing export credit products, e.g. buyer and supplier credit insurance and performance and working capital guarantees , based on well-known financial and actuarial theories. It introduces the products, the theories and the different data sources in order to apply the mathematical and financial ideas, e.g. discounting, risk-neutral valuation and Merton type defaults. It shows the differences of historical experience and implicit market pricing assumptions. The well-known OECD Arrangement is used as a benchmark for some part of the framework. Short code snippets in R are given in order to re-perform the results and have a basis to try own ideas. Many unprecedented exhibits give new insights into the subject matter. The book is targeted at practitioners and actuaries in the field with a good quantitative background.

Product detaljer
Sprog:
Engelsk
Sider:
246
ISBN-13:
9783030702878
Indbinding:
Paperback
Udgave:
ISBN-10:
3030702871
Udg. Dato:
8 maj 2022
Længde:
0mm
Bredde:
155mm
Højde:
235mm
Forlag:
Springer Nature Switzerland AG
Oplagsdato:
8 maj 2022
Forfatter(e):
Kategori sammenhænge