Financial Crisis: Where Did Risk Management Fail?
## Abstract The real estate market bubble and the subprime mortgages have been often identified as the causes of the current financial crisis, but...
We're all conscious that today, the first signs of recovery have now fleeted. There are fears of inflation and fears of labour shortage across Europe...
## Abstract The real estate market bubble and the subprime mortgages have been often identified as the causes of the current financial crisis, but...
## Abstract Low-Default Portfolios (LDPs) form a significant and substantial portion of retail assets at major financial institutions. However, in...
## Abstract Several contributions in the literature argue that a significant in-sample risk reduction can be obtained by investing in a relatively...