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Financial Innovation

Name: Financial Innovation
Brand: John Wiley & Sons Inc
SKU: 04895420
Price: 45308 HUF
Availability: InStock
Author: Philip Molyneux
ISBN: 9780471986188

Philip Molyneux

Nidal Shamroukh

Language

English

Book Hardback

Libristo code: 04895420

Publishers John Wiley & Sons Inc, March 1999

The late 20th century has seen an increase in the development of financial instruments, many of whic... Full description

Libristo code: 04895420

300 b

45 308 Ft

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The late 20th century has seen an increase in the development of financial instruments, many of which have been off-balance-sheet activities. These instruments have become increasingly complex placing a higher demand on both the purchasers and the creators of such instruments. The risks involved and the penalties paid by those who have not adequately understood these products are all too well known. This text discusses in detail, through a blend of theory and empirical research, the modelling of financial instruments and examines the instruments that have been created over the past 20 years. The book focuses on the principles behind developing financial instruments and how the process can be modelled.