Document Search
Add To My Bookshelf Sign in or Register Save And Annotate
Keywords:

project sign in to follow this
finance sign in to follow this
Monte sign in to follow this
Carlo sign in to follow this
lending sign in to follow this
credit sign in to follow this
Categories:

VaR Uses sign in to follow this
--Nonfinancial/Long Term sign in to follow this
Half-Life:
Impact:
Discuss This Paper
Sign in to follow this page
Recent Comments
  more
Measuring Value-at-Risk in Project Finance Transactions
Company: European Financial Management
Company Url: Click here to open
Year Of Publication: 2007
Month Of Publication: January
Pages: 135-158
Download Count: 17
View Count:
Comment Num: 0
Language: EN
Who Can Read: Free
Date: 1-1-2009
Publisher: Administrator
Content

Despite the remarkable importance of project finance in international financial markets, no quantitative models to measure and quantify the risk associated with a deal for the project's lenders have been developed yet. The topic has recently become crucial, since the New Basle Capital Accord gives banks a choice of whether to adopt simpler (but possibly higher) standard capital requirements or to develop internal rating models for project finance transactions. The paper proposes how Monte Carlo simulations may be used to derive a Value-at-Risk estimate for project finance deals and discusses the critical issues that must be considered when developing such a model.
volume 13, number 1
THIS DOCUMENT IS NOT AVAILABLE FOR FREED DOWNLOAD.

Author(s)
Gatti, Stefano Sign in to follow this author
Rigamoni, Alvaro Sign in to follow this author
Saita, Francesco Sign in to follow this author
Senati, Mauro Sign in to follow this author
This document's citation network:
Similar Documents:
Close window
Sign up in one step, no personal information required. Already a Member?



Email:
Repeat Email:
User Name:
Password:
Confirm Password:

Sign Up


Welcome to GloriaMundi!
Thanks for singning up



continue or edit your profile