Click Here to Download: https://ouo.io/72pnVSg Studies of Credit and Equity Markets with Concepts of Theoretical Physics By: Michael Münnix Publisher: Vieweg+Teubner Verlag Print ISBN: 9783834817716, 3834817716 eText ISBN: 9783834883285, 383488328X Copyright year: 2011 Format: PDF Available from $ 79.99 USD SKU 9783834883285 Michael C. Münnix analyses the statistical dependencies in financial markets and develops mathematical models using concepts and methods from physics. The author focuses on aspects that played a key role in the emergence of the recent financial crisis: estimation of credit risk, dynamics of statistical dependencies, and correlations on small time-scales. He visualizes the findings for various large-scale empirical studies of market data. The results give novel insights into the mechanisms of financial markets and allow conclusions on how to reduce financial risk significantly.
