{"id":12998,"date":"2018-03-09T08:59:06","date_gmt":"2018-03-09T08:59:06","guid":{"rendered":"https:\/\/www.deberes.net\/tesis\/sin-categoria\/la-gestion-del-riesgo-de-interes-de-activos-de-renta-fija-sujetos-al-riesgo-de-insolvencia\/"},"modified":"2018-03-09T08:59:06","modified_gmt":"2018-03-09T08:59:06","slug":"la-gestion-del-riesgo-de-interes-de-activos-de-renta-fija-sujetos-al-riesgo-de-insolvencia","status":"publish","type":"post","link":"https:\/\/www.deberes.net\/tesis\/ciencias-economicas\/la-gestion-del-riesgo-de-interes-de-activos-de-renta-fija-sujetos-al-riesgo-de-insolvencia\/","title":{"rendered":"La gestion del riesgo de interes de activos de renta fija sujetos al riesgo de insolvencia."},"content":{"rendered":"<h2>Tesis doctoral de <strong> Francisco Escribano Sotos <\/strong><\/h2>\n<p>El objetivo de la tesis es analizar el efecto que tiene la inclusion del riesgo de insolvencia y su efecto en el riesgo de interes, analizar el efecto de la inclusi\u00f3n de activos sujetos al riesgo de insolvencia en la gesti\u00f3n del riesgo de interes, y aportar herramientas y modelos v\u00e1lidos para la gestion de carteras que contegan dichos activos y sean apropiados al mercado espa\u00f1ol.  para alcanzar los objetivos descritos, el trabajo de investigaci\u00f3n se ha estructurado en tres partes que comprende seis capitulos, destinandose un capitulo adicional a las conclusiones.  la primera de ellas, se dedica a la descripci\u00f3n de los mercados de renta fija arriesgada de espa\u00f1a, los aspectos claves de este mercado y una clasificaci\u00f3n de los modelos de valoraci\u00f3n de activos que incorporan el riesgo de insolvencia. la segunda parte estudia la gesti\u00f3n del riesgo de interes para carteras de renta fija arriesgada, a trav\u00e9s de los distintos modelos que utilizan la duracion arriesgada como herramienta util. A partir de las limitaciones que tiene el uso de la duraci\u00f3n, que considera movimientos paralelos de la estructura temporal de los tipo de inter\u00e9s y variaciones de peque\u00f1o tama\u00f1o en los mismos, se propone un modelo alternativo que supera las limitacioines de la duraci\u00f3n de macaulay cuando se incorporan titulos de renta fija sujetos al riesgo de insolvencia. La tercera parte, de naturaleza emp\u00edrica, se aplica el modelo propuesto al mercado espa\u00f1ol utilizando distintas metodolog\u00eda. de esta manera se determina si la sensibilidad de los bonos arriesgados del mercado espa\u00f1ol durante el periodo analizado, frente a las variaciones de los tipos de interes, es mayor o menor que la de los t\u00edtulos no sujetos al riesgo de insolvencia.  palabras clave: estructura temporal de los tipos de interes, riesgo de interes, riesgo de insolvencia y duraci\u00f3n arriesgada.<\/p>\n<p>&nbsp;<\/p>\n<h3>Datos acad\u00e9micos de la tesis doctoral \u00ab<strong>La gestion del riesgo de interes de activos de renta fija sujetos al riesgo de insolvencia.<\/strong>\u00ab<\/h3>\n<ul>\n<li><strong>T\u00edtulo de la tesis:<\/strong>\u00a0 La gestion del riesgo de interes de activos de renta fija sujetos al riesgo de insolvencia. <\/li>\n<li><strong>Autor:<\/strong>\u00a0 Francisco Escribano Sotos <\/li>\n<li><strong>Universidad:<\/strong>\u00a0 Castilla-la mancha<\/li>\n<li><strong>Fecha de lectura de la tesis:<\/strong>\u00a0 27\/09\/2001<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3>Direcci\u00f3n y tribunal<\/h3>\n<ul>\n<li><strong>Director de la tesis<\/strong>\n<ul>\n<li>Eliseo Navarro Arribas<\/li>\n<\/ul>\n<\/li>\n<li><strong>Tribunal<\/strong>\n<ul>\n<li>Presidente del tribunal: vicente Gonzalez catala <\/li>\n<li>purificacion Hervas burgos (vocal)<\/li>\n<li> Jorda dura M\u00aa paz (vocal)<\/li>\n<li>dulce Contreras bayarri (vocal)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesis doctoral de Francisco Escribano Sotos El objetivo de la tesis es analizar el efecto que tiene la inclusion del [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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