This is the first book to systematically cover structured finance in a textbook designed for both professionals and students, even though the practice is over twenty years old and has become a ubiquitous element of modern financial management. Derived from a program of instruction that the authors have offeredat universities, private training programs, and consultancies, this book willfill the void spectacularly. Divided into two parts, the book begins with relatively simple concepts and later takes the reader through the more esoteric features of dynamic risk analysis, thus serving as both an excellent introduction for the beginner and an essential reference for the professional. INDICE: Introduction ; 1.: Elements of Securitization Law; 2.: Elementsof Securitization Accounting; 3.: Deconstructing the Corporation: OperationalIssues; 4.: Static Structuring Analysis: the Basic Model of Debt Repackaging;5.: Piecing the Credit Together; 6.: Asset Side Analysis; 7.: Liability Side Analysis; 8.: Static Approaches to Revolving Mode Structured Securities; 9.: Simulation and Valuation; 10.: Analysis of Prepayment-Sensitive Structured Securities (by Nenad Ilincic); 11.: PACS and TACs; 12.: Issues in Intermediate Cash Flow Modeling; 13.: Nonlinear Convergence Technique; Part II: Advanced Structured Analysis ; Prologue to Advanced Section; 14.: The Way of the Deal; 15.: Data Analysis; 16.: Non-Stationary Markov Chains and Cash Flows; 17.: RecoveryModeling; 18.: Covariance Matrix Simulation and Random Numbers; 19.: Assembling the Building Blocks of the Cash Flow Model; 20.: Liability Modeling; 21.: Triggers; 22.: The Valuation of Structured Securities; 23.: Introduction to Revolving Periods; 24.: Special Topics in Structured Finance; 25.: Epilogue
- ISBN: 978-0-19-517998-9
- Editorial: Oxford University
- Encuadernacion: Cartoné
- Páginas: 688
- Fecha Publicación: 01/07/2010
- Nº Volúmenes: 1
- Idioma: Inglés