Recovery Risk - The Next Challenge in Credit Risk Management
Released on: September 8, 2007, 2:05 am
Press Release Author: Bharat Book Bureau
Industry: Financial
Press Release Summary: In this ground-breaking new title, Risk Books brings together three prominent editors to provide a timely reference text on loss given default
Press Release Body: Bharat Book Bureau, a leading market information distributor has tabled a report Recovery Risk : The Next Challenge in Credit Risk Management http://www.bharatbook.com/detail.asp?id=7195 In this ground-breaking new title, Risk Books brings together three prominent editors to provide a timely reference text on loss given default (LGD) measurement and management and the requirements of the Basel II Capital Accord. Summary
The measurement of LGD - the share of an exposure that is actually lost when a borrower defaults - is a critical area of the science of credit analysis. Topics covered include: . Using multivariate models for the estimation of LGD . Exploring the links between LGD and default risk . Providing a Basel II compliant framework for LGD estimation . Helping you to transform research results into operational tools for setting up Basel II compliant rating systems . Full accounts of the latest developments in the field of LGD analysis . Includes a full summary of results of academic research in LGD measurement over the past 10 years, including the latest research findings from the main empirical and theoretical academics.
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