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Simulation Techniques in Financial Risk Management (Statistics in Practice) Book
This unique resource provides simulation techniques for financial risk managers ensuring you become well versed in many recent innovations, including Gibbs sampling, the use of heavy-tailed distributions in VaR calculations, construction of volatility smile, and state space modeling. The authors illustrate key concepts with examples and case studies you can reproduce using either S-PLUS? or Visual Basic? and provide exercises so you can apply new concepts and test your knowledge.Simulation Techniques in Financial Risk Management is invaluable both as a resource for risk managers in the financial and actuarial industries and as a coursebook for upper-level undergraduate and graduate courses in simulation and risk management.Read More
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- 0471469874
- 9780471469872
- Ngai Hang Chan, HoiYing Wong
- 30 May 2006
- WileyBlackwell
- Hardcover (Book)
- 240
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