Edited by
Stavros A. Zenios, University of Cyprus, Nicosia, Cyprus/University of Pennsylvania, Philadelphia, PA, U.S.A.
William Ziemba, University of British Columbia, Vancouver, Canada
Description
The Handbooks in Finance are intended to be a definitive source for comprehensive and accessible information in the field of finance.
Each individual volume in the series presents an accurate self-contained survey of a sub-field of finance, suitable for use by finance
and economics professors and lecturers, professional researchers, graduate students and as a teaching supplement.
It is fitting that
the series Handbooks in Finance devotes a handbook to Asset and Liability Management. Volume 2 focuses on applications and case studies
in asset and liability management.
The growth in knowledge about practical asset and liability modeling has followed the popularity
of these models in diverse business settings. This volume portrays ALM in practice, in contrast to Volume 1, which addresses the theories
and methodologies behind these models. In original articles practitioners and scholars describe and analyze models used in banking, insurance,
money management, individual investor financial planning, pension funds, and social security. They put the traditional purpose of ALM,
to control interest rate and liquidity risks, into rich and broad-minded frameworks. Readers interested in other business settings will
find their discussions of financial institutions both instructive and revealing.
Included in series
Handbooks in Finance
Audience:
The Handbooks in Finance are intended to be a definitive source for comprehensive and accessible information in the field of finance.
Each individual volume in the series presents an accurate self-contained survey of a sub-field of finance, suitable for use by finance
and economics professors and lecturers, professional researchers, graduate students and as a teaching supplement.
It
is fitting that the series Handbooks in Finance devotes a handbook to Asset and Liability Management. Volume 2 focuses on applications
and case studies in asset and liability management.
