Pricing Export Credit [electronic resource] A Concise Framework with Examples and Implementation Code in R / by Claudio Franzetti.
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 work...
| Uniform Title: | Management for Professionals,
2192-810X |
|---|---|
| Main Author: | |
| Corporate Author: | |
| Language: | English |
| Published: |
Cham :
Springer International Publishing : Imprint: Springer,
2021.
|
| Edition: | 1st ed. 2021. |
| Series: | Management for Professionals,
|
| Subjects: | |
| Online Access: | |
| Variant Title: |
Pricing export credit : a concise framework with examples and implementation code in R |
| Format: | Electronic eBook |
MARC
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| 100 | 1 | |a Franzetti, Claudio. |e author. |4 aut |4 http://id.loc.gov/vocabulary/relators/aut | |
| 245 | 1 | 0 | |a Pricing Export Credit |h [electronic resource] |b A Concise Framework with Examples and Implementation Code in R / |c by Claudio Franzetti. |
| 246 | 2 | |a Pricing export credit : a concise framework with examples and implementation code in R | |
| 250 | |a 1st ed. 2021. | ||
| 264 | 1 | |a Cham : |b Springer International Publishing : |b Imprint: Springer, |c 2021. | |
| 490 | 1 | |a Management for Professionals, |x 2192-810X | |
| 505 | 0 | |a Chapter 1. Motivation -- Chapter 2. Export Credit Industry -- Chapter 3. Insurance Background -- Chapter 4. Finance Fundamentals -- Chapter 5. Preliminaries -- Chapter 6. New Premium Framework -- Chapter 7. Historic Default Rates -- Chapter 8. Market Version of the Framework -- Chapter 9. Minimum Interest Calculation -- Chapter 10. Comparison with OECD Arrangement -- Chapter 11. Other Pricing -- Chapter 12. Conclusions. | |
| 520 | |a 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. | ||
| 650 | 0 | |a Business enterprises—Finance. | |
| 650 | 0 | |a Financial services industry. | |
| 650 | 0 | |a Capital market. | |
| 650 | 0 | |a International business enterprises. | |
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| 773 | 0 | |t Springer Economics and Finance eBooks 2021 English/International |d Springer Nature | |
| 776 | 0 | 8 | |i Printed edition: |z 9783030702847 |
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| 776 | 1 | |t Pricing Export Credit | |
| 830 | 0 | |a Management for Professionals, |x 2192-810X | |
| 856 | 4 | 0 | |y Access Content Online(from Springer Economics and Finance eBooks 2021 English/International) |u https://ezproxy.msu.edu/login?url=https://link.springer.com/10.1007/978-3-030-70285-4 |z Springer Economics and Finance eBooks 2021 English/International: 2021 |