Pricing Export Credit: A Concise Framework with Examples and Implementation Code in R
ISBN: 3030702847
EAN13: 9783030702847
Language: English
Pages: 246
Edition: 2021
Dimensions: 1.00" H x 9.00" L x 6.00" W
Weight: 1.00 lbs.
Format: Hardcover
Publisher:

Pricing Export Credit: A Concise Framework with Examples and Implementation Code in R

Select Format Format: Hardcover Select Conditions Condition: New

Selected

Format: Hardcover

Condition: New

$96.64
Quantity
61 Available

Select Conditions
  • New $96.64 Pricing Export Credit: A Concise Framework with Examples and Implementation Code in R
Book Overview
Pricing of export credit is a challenge in the globalised world trade. Annual premia represent billions of euros or dollars and may determine competition. This book develops a rigorous new framework for pricing export credit products, e.g. buyer and supplier credit insurance and performance and working capital guarantees, based on well-known financial and actuarial theories. It introduces the products, the theories and the different data sources in order to apply the mathematical and financial ideas, e.g. discounting, risk-neutral valuation and Merton type defaults. It shows the differences of historical experience and implicit market pricing assumptions. The well-known OECD Arrangement is used as a benchmark for some part of the framework. Short code snippets in R are given in order to re-perform the results and have a basis to try own ideas. Many unprecedented exhibits give new insights into the subject matter. The book is targeted at practitioners and actuaries in the field with a good quantitative background.

Frequently Asked Questions About Pricing Export Credit: A Concise Framework with Examples and Implementation Code in R

Book Reviews (0)

0
  |   0  reviews
Did you read Pricing Export Credit: A Concise Framework with Examples and Implementation Code in R? Please provide your feedback and rating to help other readers.
Write Review

No customer reviews for the moment.