Jimenez-Martin, Juan Angel Jimenez Martin; McAleer, Michael - Facultad de Ciencias Económicas y Empresariales, … - 2009
estimated VaR. In this paper we define risk management in terms of choosing sensibly from a variety of risk models, discuss the … aggressive risk management strategy, and evaluate the effects of the Basel II Accord on risk management. We also examine how risk … management strategies performed during the 2008-09 financial crisis, evaluate how the financial crisis affected risk management …