Risk Management for Central Banks and Other Public Investors.
- نوع فایل : کتاب
- زبان : انگلیسی
- مؤلف : Ulrich Bindseil; Fernando Gonzalez; Evangelos Tabakis
- ناشر : Leiden : Cambridge University Press
- چاپ و سال / کشور: 2009
- شابک / ISBN : 9780511479168
Description
Cover; Half-title; Title; Copyright; Contents; Figures; Tables; Boxes; Foreword; Introduction; Structure of the book: Investment vs. policy operations; different risk types; Part I: Investment operations; Part II: Policy operations; Part III: Organizational issues and operational risk; Part I: Investment operations; 1 Central banks and other public institutions as financial investors; 1. Introduction; 2. Public institutions' specificities as investors; 3. How policy tasks have made central banks large-scale investors. 4. Optimal degree of diversification of public institutions' financial assets5. How actively should public institutions manage their financial assets?; 6. Policy-related risk factors; 7. The role of central bank capital -- a simple model; 8. Integrated risk management for public investors; 9. Conclusions; 2 Strategic asset allocation for fixed-income investors; 1. Introduction; 2. A primer on strategic asset allocation; 3. Components of the ECB investment process; 4. Forward-looking modelling of th.
A timely survey of the fundamental issues and techniques surrounding risk management.
