Pricing Export Credit PDF Download

Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Pricing Export Credit PDF full book. Access full book title Pricing Export Credit by Claudio Franzetti. Download full books in PDF and EPUB format.

Pricing Export Credit

Pricing Export Credit PDF Author: Claudio Franzetti
Publisher: Springer Nature
ISBN: 3030702855
Category : Business & Economics
Languages : en
Pages : 260

Get Book Here

Book Description
Pricing of export credit is a challenge in the globalised world trade. Annual premia represent billions of euros or dollars and may determine competition. This book develops a rigorous new framework for pricing export credit products, e.g. buyer and supplier credit insurance and performance and working capital guarantees , based on well-known financial and actuarial theories. It introduces the products, the theories and the different data sources in order to apply the mathematical and financial ideas, e.g. discounting, risk-neutral valuation and Merton type defaults. It shows the differences of historical experience and implicit market pricing assumptions. The well-known OECD Arrangement is used as a benchmark for some part of the framework. Short code snippets in R are given in order to re-perform the results and have a basis to try own ideas. Many unprecedented exhibits give new insights into the subject matter. The book is targeted at practitioners and actuaries in the field with a good quantitative background.