Interest Rate Risk Measurement and Management - Softcover

Sanjay K. Nawalkha is Associate Professor of Finance at the University of Massachusetts, Amherst, where he teaches M.B.A. and doctoral courses in finance theory, fixed income securities, and corporate finance. Dr. Nawalkha is a leading expert in interest rate risk management. His research has been widely published in numerous finance journals such as The Journal of Financial Economics, The Journal of Banking and Finance, The Journal of Fixed Income, and Financial Analysts Journal. Dr. Nawalkha's other research interests include asset pricing and valuation of fixed income derivatives. He is also associated with the Center of International Securities and Derivatives Markets (CISDM) at the University of Massachusetts. He serves as a consultant to national and international banks on interest rate risk management. Dr. Nawalkha received his Ph.D. from the University of Massachusetts in 1990. Donald R. Chambers is the Walter E. Hanson/KPMG Peat Marwick Professor of Finance at Lafayette College, where he teaches corporate finance and investments. He has published over 30 articles in finance journals including The Journal of Finance and The Journal of Financial and Quantitative Analysis. He is also the author of several books, including "Modern Corporate Finance: Theory and Practice" (1998, second edition). Dr. Chambers is a consultant to the public and private sectors, including his position as senior portfolio strategist with Karpus Investment Management, Pittsford, NY. He is regularly quoted in the business and financial press, and serves as an expert witness in litigation regarding investments. Dr. Chambers received his Ph.D. from the University of North Carolina at Chapel Hill in 1981.

* "This volume is a treasure chest of the best thinking from a wide spectrum of authors, all of whom have been deeply involved in finding ways to deal with various facets of interest rate risk." - Martin L. Leibowitz, Vice Chairman and Chief Investment Officer, TIAA-CREF * "This is a terrific book! It is an in-depth, up-to-date and comprehensive collection of work in the area of interest rate risk management." - Frank Fabozzi, Adjunct Professor, Yale University, and Editor, The Journal of Portfolio Management * "This valuable book collects many of the classic articles on interest rate risk from the past two decades: a period characterized by unprecedented volatility and groundbreaking research in its manifestations." - Ronald N. Kahn, Managing Director, Barclays Global Investors -- Ronald N. Kahn, Managing Director, Barclays Global Investors