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In general, it is calculated between the confidence level of 1% and 5%. There are various methods for measuring the Value at Risk for a project including the Variance -- Covariance methods, the Risk Metrics Contribution method, Historical Simulation methods, and Monte Carlo simulation methods. While, these methods are simple to use and compute the potential level of risk involved, these are based on a variety of assumptions. Generally, all approaches involved using historical trends and data and probability distributions are defined based on historical trends. A major problem with Value at Risk model is that it does not take into account the changing conditions and trends and it still claims to compute risk in rare conditions.
Over a period of time risk managers have been arguing and criticizing Value at Risk...
Since VaR involves defining and assigning probability distributions to individual risks, academic researchers argue that the combined Value at Risk for a wholly project can be much more then the individual Value at Risk of an element of the portfolio (Einhorn, 2008). Academics also accuse that Value at Risk approach tempts the financial institutions to take impractical risks (Nocera, 2009).
Proposed Research
We propose to evaluate the extent to which it is pragmatic to depend upon the conventional Value at Risk model. We plan to assess the results by applying alternative risk measurement tools to the investment portfolios and then compare their results with the outcomes produced by the Value at Risk
Over a period of time risk managers have been arguing and criticizing Value at Risk model for exploiting investors by making them put invest their money in high risk portfolios. Since VaR involves defining and assigning probability distributions to individual risks, academic researchers argue that the combined Value at Risk for a wholly project can be much more then the individual Value at Risk of an element of the portfolio (Einhorn, 2008). Academics also accuse that Value at Risk approach tempts the financial institutions to take impractical risks (Nocera, 2009).
Proposed Research
We propose to evaluate the extent to which it is pragmatic to depend upon the conventional Value at Risk model. We plan to assess the results by applying alternative risk measurement tools to the investment portfolios and then compare their results with the outcomes produced by the Value at Risk
S. General Accounting Office (GAO) estimates' in 1991 stated that nearly 30% of those incarcerated had used drugs daily in the month before committing the offense for which they were in prison. By the year 2003 there were approximately 6.9 million individuals either on probation, in mail, or in prison which equals 32% of all U.S. adults residents or 1 out of every 32 adults. (U.S. Bureau of Justice Corrections
The pluralist school is believed to have best "captured the dynamics of the bargaining process among different interest groups trying to influence the policy process, and between these groups and policy makers (Lindblom and Woodhouse, 1993; as cited by Rosetti, 1999) in the view of Lindblom and Woodhouse the limitations that exist in terms of limitations on knowledge is readily available during the electoral process in the U.S. These
Policy Studies The study of public policy gained significant importance in the late fifties and sixties. However, policy science did not come into existence all of a sudden. It started to emerge when social scientists started researches on a wide range of sociopolitical problems. After the World War II, significant developments were made in the areas of operations research, economics and social psychology. These developments proved to be helpful in formulating
Public Policy The Canadian welfare state arose in the 1930s as a response to the poverty of the era, and was bolstered in the subsequent decades to include numerous elements of the social safety net. Prior to the development of the modern Canadian welfare state, the country relied on a classic liberal economic model, with few restrictions on enterprise and the commoditization of labour. Workers had few protections, the central government
intended for a quantitative public policy perspective analysis of strategic and financial changes in small, private as well as not for profit advanced schooling organizations and institutions in Jamaica. The primary intent behind this paper would be to assess the framework by which strategic and financial innovational changes in small, private, not for profit advanced schooling institutions in Jamaica operate. They concentrate on the conditions which will make financial
Black Women in White Male Industries Revise and Resubmit You have chosen in this paper a topic that has both national and international significance. How indeed inclusive, fair, and just are so called "inclusion or set-aside" initiatives? How open and accessible are the programs to new immigrants and minorities? These are all very interesting questions that your paper raises. But you don't fully address whether or not the rational approach considers such programs