Macrofinancial Risk Analysis by Dale Gray, Samuel Malone - 9780470058312

Macrofinancial Risk Analysis\n\nDale Gray (Author), Samuel Malone (Author)\n\n9780470058312, Wiley\n\nHardback, published 14 March 2008\n\n368 pages\n24.8 x 17.6 x 2.7 cm, 0.794 kg\n\n\""... compelling.\"" (Risk, November 2008)\n\nMacrofinancial risk analysis\n \n Dale Gray and Samuel Malone\n \n Macrofinancial Risk Analysis provides a new and powerful framework with which policymakers and investors can analyze risk and vulnerability in economies, both emerging market and industrial. Using modern risk management and financial engineering techniques applied to the macroeconomy, an economic value can be placed on the risks posed by inter-linkages between sectors, the risk of default of different sectors on their outstanding debt obligations quantified, and the value ex-ante of guarantees to private sector entities by the government calculated. This book guides the reader through the basic macroeconomic and financial models necessary to understand the framework, the core analytical tools,]