Mortgage valuation models: embedded options, risk, and uncertainty
Auteur :
Davidson, Andrew / Levin, Alexander
Éditeur :
Oxford University Press Inc
ISBN :
9780199998166
Date de publication :
10 juil. 2014
Dimensions :
21,0 x 15,0 x 2,5 cm
Poids :
804 g
Format :
book
Langue :
Anglais
Pays d'origine :
Grande Bretagne
Valuation of mortgage-backed securities requires blending empirical analysis of borrower behavior and mathematical modeling of interest rates and home prices, with recognition of various prices of risk and uncertainty. This book offers a detailed description of the sophisticated theories and advanced methods used for the real-world valuation of MBS.