The Value at Risk (VAR) in the banking system.

      Аннотация: This book presents a clear and concise introduction to economists. A book is often one of the most useful but also one of the most difficult of the required subject. The purpose of this book is to help overcome this difficulty by using a problem-solving approach. It includes the market risk by theoretical and practical problems with detailed, step-by-step solutions. The problems are solved by implementing the valuable statistical methods and econometric modeling. The book is aimed at economist working in the financial institutions. It is useful for students, bankers and researchers who are engaged in market instruments.

Ключевые слова: Market Risk, Normal distribution, Standard Error, Value at Risk (VAR), ?2 test statistics, holding period, observation frequency, expected frequency.