Zobrazeno 1 - 10
of 12
pro vyhledávání: '"Radu S. Tunaru"'
Publikováno v:
The Journal of Portfolio Management. 48:60-77
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ada3f33baa4806330af7ff1411b7e1ce
https://doi.org/10.3905/jpm.2022.1.392
https://doi.org/10.3905/jpm.2022.1.392
Autor:
Radu S. Tunaru
This book brings together the latest concepts and models in real-estate derivatives, the new frontier in financial markets. The importance of real-estate derivatives in managing property price risk that has destabilized economies frequently over the
Autor:
Radu S. Tunaru
This chapter gathers the main findings in the book and highlights the principal ideas surrounding real-estate derivatives as an emerging necessary asset class. It also sketches future directions of research in both academic and practitioner terms. In
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1be65c8122f45f65074df1020771caa6
https://doi.org/10.1093/oso/9780198742920.003.0009
https://doi.org/10.1093/oso/9780198742920.003.0009
Autor:
Radu S. Tunaru
This chapter captures an overview of how real-estate risk is transferred to investors through securitization channels. A large part is dedicated to a less known financial instrument called balance guaranteed swap, which is a type of multi-period deri
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b72aaafe65a28983a8cbf6db17ca94a3
https://doi.org/10.1093/oso/9780198742920.003.0004
https://doi.org/10.1093/oso/9780198742920.003.0004
Autor:
Radu S. Tunaru
The purpose of this chapter is to familiarize the reader with the concept of mortgages and to describe the behavioural factors behind decisions to prepay and default on mortgages that ultimately influence the evolution of real-estate markets. The oth
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0c3abe67bb780ba663fd17d044c5b422
https://doi.org/10.1093/oso/9780198742920.003.0003
https://doi.org/10.1093/oso/9780198742920.003.0003
Autor:
Radu S. Tunaru
This chapter is dedicated to the innovation of real-estate derivatives, with a focus on vanilla products such as forwards/futures, total return swaps, and European call and put options. A description is given of the mechanics behind these instruments
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::b72f6998f46cef46039677d2050d868c
https://doi.org/10.1093/oso/9780198742920.003.0005
https://doi.org/10.1093/oso/9780198742920.003.0005
Autor:
Radu S. Tunaru
This chapter describes some of the best models proposed in relation to realestate derivatives. They range from equilibrium models such as Geltner- Fisher and Cao-Wei to no-arbitrage models such as Bjork-Clapham, BFSP, and Fabozzi-Shiller-Tunaru. Shil
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::1ee912d1216048c83f58db8ac78ea0c1
https://doi.org/10.1093/oso/9780198742920.003.0007
https://doi.org/10.1093/oso/9780198742920.003.0007
Autor:
Radu S. Tunaru
This chapter presents the main real-estate indices used worldwide for investment purposes and on which derivatives contracts are very likely to be issued. It is important to know the type of real-estate index based on the method of construction. The
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::8eea82ffe9ce97709c4fb6fca1095747
https://doi.org/10.1093/oso/9780198742920.003.0002
https://doi.org/10.1093/oso/9780198742920.003.0002
Autor:
Radu S. Tunaru
This chapter shows some applications of real-estate derivatives. These include trading strategies and also an extensive arbitrage detection analysis. The linkages between the over-the-counter markets in real-estate derivatives and the similar markets
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::26cff7ce56a045de5457402955305987
https://doi.org/10.1093/oso/9780198742920.003.0006
https://doi.org/10.1093/oso/9780198742920.003.0006
Autor:
Radu S. Tunaru
This chapter provides a brief overview of real-estate prices, describing the importance of this asset class for the economies worldwide, from the US and the UK to Asian and Pacific countries. The difference between residential and commercial real-est
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::018e74c9485e51c1fd6dad0bf2b3827c
https://doi.org/10.1093/oso/9780198742920.003.0001
https://doi.org/10.1093/oso/9780198742920.003.0001