Filter by

  • Publication Year
    To
  • Availability
  • Attachment
  • Collection Type
    See More
  • General Material Designation
    See More
  • Location
  • Language
Found 2 from your keywords: author="MichaelS.Gibson"
cover
FinanceandEconomicsDiscussionSeries Divisions of Research&Statistics and Mon…
Comment Share
MichaelS.Gibson

StaffworkingpapersintheFinanceandEconomicsDiscussionSeries(FEDS)arepreliminary materialscirculatedtostimulatediscussionandcriticalcomment.Theanalysisandconclusionssetforth are thoseoftheauthorsanddonotindicateconcurrencebyothermembersoftheresearchstafforthe Board ofGovernors.ReferencesinpublicationstotheFinanceandEconomicsDiscussionSeries(otherthan acknowledgement)shouldbeclearedwiththeauth…

Edition
-
ISBN/ISSN
-
Collation
-
Series Title
-
Call Number
-
cover
Credit Derivatives and Risk Management
Comment Share
MichaelS.Gibson

The striking growth of credit derivatives suggests that market participants find them to be useful tools for risk management. I illustrate the value of credit derivatives with three examples. A commercial bank can use credit derivatives to manage the risk of its loan portfolio. An investment bank can use credit derivatives to manage the risks it incurs when underwriting securities. An investor,…

Edition
-
ISBN/ISSN
-
Collation
-
Series Title
Credit Derivatives and Risk Management
Call Number
-