{"product_id":"market-risk-in-transition-countries-sasa-zikovic-9789537332051","title":"Market risk in transition countries - Value at Risk Approach","description":"When using Value at Risk (VaR) models, created and suited for developed and liquid markets, in developing transition markets practitioners and researchers are often troubled with the same questions: Do the VaR model, developed and tested in the developed and liquid financial markets apply to the volatile and shallow financial markets of transition countries? Do the commonly used VaR models adequately capture the market risk of these markets or do they only give a false sense of security? This book gives the answers to such questions and represents the first systematic study of risk management issues in transition markets. It gives an unique empirical analysis of all European transition markets, and presents a new method for calculating VaR in volatile transition markets taking into account the main characteristics of these markets (abrupt changes in the volatility regimes, autoregression, heteroskedasticity, asymmetry and fat tails).\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Sasa Zikovic\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9537332055\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789537332051\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Solutio Ltd\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 06\/30\/2010\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 396\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.55lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.69h x 7.44w x 0.81d","brand":"Sasa Zikovic","offers":[{"title":"Paperback","offer_id":48446691770623,"sku":"9789537332051","price":30.8,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_3e5dd8b0-bb57-4b99-b631-60ad287236b5.jpg?v=1777226315","url":"https:\/\/www.whiterainbookhouse.com\/products\/market-risk-in-transition-countries-sasa-zikovic-9789537332051","provider":"WR Book House","version":"1.0","type":"link"}