Introduction of a New Conceptual Framework for Government Debt Management (Record no. 50504)
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| 000 -LEADER | |
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| fixed length control field | 04124nam a22004335i 4500 |
| 001 - CONTROL NUMBER | |
| control field | 978-3-658-00918-2 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20200420211738.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 130125s2013 gw | s |||| 0|eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| ISBN | 9783658009182 |
| -- | 978-3-658-00918-2 |
| 082 04 - CLASSIFICATION NUMBER | |
| Call Number | 332 |
| 100 1# - AUTHOR NAME | |
| Author | Hubig, Anja. |
| 245 10 - TITLE STATEMENT | |
| Title | Introduction of a New Conceptual Framework for Government Debt Management |
| Sub Title | With a Special Emphasis on Modeling the Term Structure Dynamics / |
| 300 ## - PHYSICAL DESCRIPTION | |
| Number of Pages | XXIV, 213 p. 45 illus. |
| 490 1# - SERIES STATEMENT | |
| Series statement | Empirische Finanzmarktforschung/Empirical Finance |
| 505 0# - FORMATTED CONTENTS NOTE | |
| Remark 2 | Core assumptions underlying the micro portfolio approach to public debt management -- A public finance framework for long-term sovereign funding decisions -- Recommendations for broader debt management objectives -- A new approach to model the shape and dynamics of the term structure of interest rates -- Stochastic modeling of the term structure dynamics -- Empirical validation of term structure simulations. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | Against the background of the financial-cum-sovereign debt crisis, government debt managers are currently faced by a challenging environment. One key element in that respect is the analysis and forecast of interest rates, which is important for achieving the strategic objective of low borrowing costs. Anja Hubig develops a new mathematical method to estimate the term structure of interest rates that is adopted to describe the term structure dynamics within a stochastic setting. The introduced model is capable of capturing the complex behavior of the entire yield curve with a reduced set of parameters. It essentially ensures a comprehensive analysis of the costs and risks associated with individual funding strategies, and thus, effectively supports the selection of a long-term optimal debt portfolio composition.   Contents �         The Standard Micro Portfolio Approach to Sovereign Debt Management �         New Application of the Capital Budgeting Approach to Sovereign Debt Management �         Joint Modeling of Yield Curve Shape and Dynamics �         Empirical Validation of Stochastic Term Structure Simulations     Target Groups �         Researchers and students in the field of finance �         Practitioners in finance with a focus on fixed income portfolio and risk management, as well as experts in governmental institutions dealing with public debt management     About the Author Dr. Anja Hubig has prepared her dissertation under the supervision of Prof. Richard Stehle, Ph.D. at the Institute for Banking and Asset Markets, Humboldt University of Berlin in parallel to her prior work at Bundesrepublik Deutschland-Finanzagentur GmbH. Since July 2012, as a director, she is in charge of the Treasury Division at Osts�achsische Sparkasse Dresden.     About the Editors The series Empirische Finanzmarktforschung is edited by Prof. Dr. Jan Pieter Krahnen and Prof. Richard Stehle, Ph.D. |
| 856 40 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | http://dx.doi.org/10.1007/978-3-658-00918-2 |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | eBooks |
| 264 #1 - | |
| -- | Wiesbaden : |
| -- | Springer Fachmedien Wiesbaden : |
| -- | Imprint: Springer Gabler, |
| -- | 2013. |
| 336 ## - | |
| -- | text |
| -- | txt |
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| 337 ## - | |
| -- | computer |
| -- | c |
| -- | rdamedia |
| 338 ## - | |
| -- | online resource |
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| -- | rdacarrier |
| 347 ## - | |
| -- | text file |
| -- | |
| -- | rda |
| 650 #0 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
| -- | Finance. |
| 650 14 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
| -- | Finance. |
| 650 24 - SUBJECT ADDED ENTRY--SUBJECT 1 | |
| -- | Finance, general. |
| 912 ## - | |
| -- | ZDB-2-SBE |
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