Site navigation
Home
About Us
Latest issue
Editorial Board
Subscribe
Renew
Past Papers Archive
Order Back Issues
FREE Sample Request
Submission Guidelines
Advertising
Tell A Colleague
Contact Us
Related products
The Journal of
Computational Finance
The Journal of Risk
The Journal of
Credit Risk
The Journal of
Operational Risk
The Journal of Energy Markets
Risk Books
Welcome to www.journalofriskmodelvalidation.com

Welcome to The Journal of Risk Model Validation website. The Journal is an international refereed journal focusing on the implementation and validation of risk models and the promotion of the greater understanding in the area of new developments in the theory and practice of risk model validation.

Through the website, www.thejournalofriskmodelvalidation.com, you can access the latest issue of The Journal of Risk Model Validation. You can also use the site to submit papers for review, subscribe, renew your subscription or order back issues, plus much more.

Subscribers receive 4 hard-copy issues plus on-line access to our full archive library of research papers click here to subscribe. If you have any questions or comments about The Journal of Risk Model Validation or the website please contact us click here.
Letter from the Editor-in-Chief
There is a simple piece of financial mathematics that goes a long way to explaining why we have experienced the volatility that we have seen recently. It is based on the idea of complete markets versus incomplete markets. Readers familiar with the binomial option pricing model can verify my remarks using elementary calculations. The ideas are embedded in all of the pricing calculations behind modeling derivatives and they become particularly relevant to pricing derivatives on illiquid assets. The simplest definition of a complete market is one where every risk or state is insurable. In this situation, we have a wonderful theory where we get a unique riskneutral measure that leads to a unique derivative price: this is the basis of Black- Scholes pricing.
Latest Issue
Volume 3 / Number 4
Stress-testing probability of default and migration rate with respect to Basel II requirements
by Peter Miu and Bogie Ozdemir
Discriminatory power and predictions of defaults of structural credit risk models
by T. C. Wong, C. H. Hui and C. F. Lo
Rating philosophy and dynamic properties of internal rating systems: a general framework and an application to backtesting
by Marco Morone and Anna Cornaglia
A regime-switching approach to model-based stress testing
by Adam P. Tashman
www.journalofriskmodelvalidation.com
The Journal of Risk Model Validation - See latest issue
View latest issue
Quick search
Do advanced search >>
Not a subscriber?
Click here for a
FREE sample
The Risk Books and Journals group on LinkedIn
is where editors, authors and readers can launch discussions about published and forthcoming books.
Click here to read these discussions and become part of the Risk Books and Journals group.
Media jobs | Terms and conditions | Privacy policy | Accessibility statement
© Incisive Media Investments Limited 2010, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093