Results 51 to 60 of about 661,093 (139)
An Overview of the Literature about Derivatives [PDF]
A derivative is defined by the BIS (1995) as “a contract whose value depends on the price of underlying assets, but which does not require any investment of principal in those assets.
Chiara Oldani
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Financial Management of Weather Risk with Energy Derivatives [PDF]
In this paper we describe the major issues in the weather risk management. We focus on the management of financial risks connected with weather. We first provide a general discussion of the impact of weather on the economy.
Janda, Karel, Vylezik, Tomas
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"Credit Derivatives and Financial Fragility" [PDF]
On September 15, the Federal Reserve convened 14 large credit derivatives-dealer banks to an unusual meeting (Beales 2005b). The last such meeting occurred on September 16, 1998, in secret. At that time, a major financial institution was melting down and
Edward Chilcote
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Weather forecasting for weather derivatives : [revised version: January 2, 2004] [PDF]
, 2004 We take a simple time-series approach to modeling and forecasting daily average temperature in U.S. cities, and we inquire systematically as to whether it may prove useful from the vantage point of participants in the weather derivatives market.
Diebold, Francis X., Campbell, Sean D.
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Managing Credit Risk with Credit and Macro Derivatives [PDF]
The industrial organization approach to the microeconomics of banking augmented by uncertainty and risk aversion is used to examine credit derivatives and macro derivatives as instruments to hedge credit risk for a large commercial bank.
Gerhard Schweimayer +2 more
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There is great interest in development of film-forming systems for dermal (topical or transdermal) drug delivery (FFSDDD) due to their unique property to form a thin, continuous film upon administration to the skin surface, offering numerous advantages ...
Đekić, Ljiljana +2 more
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Pricing Weather Derivatives [PDF]
This paper presents a general method for pricing weather derivatives. Specification tests find that a temperature series for Fresno, California follows a mean-reverting Brownian motion process with discrete jumps and ARCH errors.
Sanders, Dwight R. +2 more
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Weather Forecasting for Weather Derivatives [PDF]
We take a simple time-series approach to modeling and forecasting daily average temperature in U.S. cities, and we inquire systematically as to whether it may prove useful from the vantage point of participants in the weather derivatives market.
Sean D. Campbell, Francis X. Diebold
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How Much Do Banks Use Credit Derivatives to Reduce Risk? [PDF]
This paper examines the use of credit derivatives by US bank holding companies from 1999 to 2003 with assets in excess of one billion dollars. Using the Federal Reserve Bank of Chicago Bank Holding Company Database, we find that in 2003 only 19 large ...
Bernadette A. Minton +2 more
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WEATHER DERIVATIVES AND SPECIFIC EVENT RISK [PDF]
This paper investigates the relationship between weather events and agricultural risks. Specific event risks are defined by outcomes related to a specific event such as low temperature and rainfall. Using Ontario data this paper describes specific events
Turvey, Calum G.
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