LIBROS DEL AUTOR: michael b gordy

1 resultados para LIBROS DEL AUTOR: michael b gordy

michael b gordy Eliminar filtro Quitar filtros
  • Finance and Economics Discussion Series
    Michael B. Gordy / Søren Willemann / United States Federal Reserve Board
    In its complexity and its vulnerability to market volatility, the CPDO might be viewed as the poster child for the excesses of financial engineering in the credit market. This paper examines the CPDO as a case study in model risk in the rating of complex structured products. We demonstrate that the models used by S&P and Moody’s would have assigned very low probability to the s...
    Disponible

    15,69 €