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Item Details
Title: FINANCIAL ENGINEERING FOR LOW-INCOME HOUSEHOLDS
By: Bindu Ananth (Editor), Amit Shah (Editor)
Format: Hardback

List price: £32.99


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ISBN 10: 8132109716
ISBN 13: 9788132109716
Publisher: SAGE PUBLICATIONS INDIA PVT LTD
Pub. date: 11 March, 2013
Pages: 250
Description: The book will be a valuable tool for students and practitioners interested in the design and delivery of financial services to low-income households.
Synopsis: Financial Engineering for Low-Income Households is an edited compilation of articles that focus on using financial engineering-a multidisciplinary field that uses technical methods from the fields of finance, mathematics and economics-to design financial services for low-income households. The book aims to provide an understanding of the various risk-reward trade-offs facing low-income households and how principles of financial engineering can be best applied to understand and manage the complete suite of financial and non-financial assets, including human capital, insurance, annuities and loans.This compilation connects the fundamental concepts in finance and financial engineering with the relatively new field of financial services delivery to low-income households. Its applied nature will help the reader grasp the implications of theoretical principles in finance on practical product-design considerations. It has several illustrations, caselets, and exercises to facilitate learning and in order to develop a full understanding of the underlying concepts. The book will be a valuable tool for students and practitioners interested in the design and delivery of financial services to low-income households.
Publication: India
Imprint: SAGE Publications India Pvt Ltd
Returns: Returnable
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