Value at Risk: Implementing a Risk Measurement Standard


In the wake of recent failures of risk management, there has been a widespread call for improved quantification of the financial risks facing firms. At the forefront of this clamor has been Value at Risk. Previous research has identified differences in models, or Model Risk, as an important impediment to developing a Value at Risk standard. By contrast… (More)


17 Figures and Tables

Slides referencing similar topics