Rethinking valuation and pricing models lessons learned from the crisis and future challenges - Wehn, Carsten 1975- (Academic Press, 2013)
Includes index
It is widely acknowledged that many financial modelling techniques failed during the financial crisis, and in our post-crisis environment many techniques are being reconsidered. This single volume provides a guide to lessons learned for practitioners and a reference for academics. Including reviews of traditional approaches, real examples, and case studies, contributors consider portfolio theory; methods for valuing equities and equity derivatives, interest rate derivatives, and hybrid products; and techniques for calculating risks and implementing investment strategies. Describing new approaches without losing sight of their classical antecedents, this collection of original articles presents a timely perspective on our post-crisis paradigm. Highlights pre-crisis best classical practices, identifies post-crisis key issues, and examines emerging approaches to solving those issuesSingles out key factors one must consider when valuing or calculating risks in the post-crisis environmentPresents material in a homogenous, practical, clear, and not overly technical manner
Includes bibliographical references and index
Keywords: BUSINESS & ECONOMICS / Investments & Securities / Stocks; Wirtschaft; Ökonometrisches Modell; Valuation -- Econometric models; Prices -- Econometric models; Preismodell; Finanzkrise; Wertpapierkurs; Kapitalmarkt