MoneyScience News |
- Blog Post: TheFinancialServicesClub: A £30 billion banking mess (but it's getting sorted out)
- Published / Preprint: On Modeling Economic Default Time: A Reduced-Form Model Approach. (arXiv:1306.6402v1 [q-fin.CP])
- Published / Preprint: A note on Keen's model: The limits of Schumpeter's "Creative Destruction". (arXiv:1306.6583v1 [q-fin.CP])
- Vendor News: June 27, 2013 - SS&C GlobeOp Announces New Release of GoWire
Posted: 28 Jun 2013 04:12 AM PDT |
Posted: 27 Jun 2013 05:39 PM PDT In the aftermath of the global financial crisis, much attention has been paid to investigating the appropriateness of the current practice of default risk modeling in banking, finance and insurance industries. A recent empirical study by Guo et al.(2008) shows that the time difference between the economic and recorded default dates has a significant impact on recovery rate estimates. Guo et... Visit MoneyScience for the Complete Article. |
Posted: 27 Jun 2013 05:39 PM PDT This paper presents a general solution for a recent model by Keen for endogenous money creation. The solution provides an analytic framework that explains all significant dynamical features of Keen's model and their parametric dependence, including an exact result for both the period and subsidence rate of the Great Moderation. It emerges that Keen's model has just two possible long term... Visit MoneyScience for the Complete Article. |
Vendor News: June 27, 2013 - SS&C GlobeOp Announces New Release of GoWire Posted: 27 Jun 2013 06:07 AM PDT |
You are subscribed to email updates from The Complete MoneyScience Reloaded To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
Google Inc., 20 West Kinzie, Chicago IL USA 60610 |