December 2013
Intermediate to advanced
928 pages
28h 50m
English
Mazin A.M. Al Janabi, Department of Economics and Finance, College of Business and Economics, United Arab Emirates University, Al-Ain, United Arab Emirates, E-mail: mazinaljanabi@gmail.com, m.aljanabi@uaeu.ac.ae
The purpose of this chapter is to fill a gap in contemporary risk management literature and especially from the perspective of emerging markets in light of the aftermaths of the most recent sub-prime global financial crisis. This chapter develops a rigorous approach for the assessment of risk exposure under extreme conditions. This approach is based on the renowned concept of Liquidity-Adjusted Value-at-Risk ...
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