search query: @author Schierenbeck, H. / total: 8
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| Author: | Schierenbeck, H. Marusev, A.W. |
| Title: | Margenkalkulation von Bankprodukten im Marktzinsmodell |
| Journal: | Zeitschrift für Betriebswirtschaft
1990 : AUG, VOL. 60:8, p. 789-814 |
| Index terms: | PRICE THEORY BANKING CASH FLOW |
| Language: | ger |
| Abstract: | The search for the three sources of profitability in balance sheet products has led to the development of refined calculation methods with which it is nowadays possible to traverse a time axis without having to take an arbitrage into account. Using this method it is possible to synchronize different cash flows with the same cash value enabling theoretical assessments and conclusions to be made with regards to the unknown or yet to be calculated cash flow by reflecting only on the known or standard cash flow. All price directives for loans or customer liabilities, which can be seen as (minimum return) claims upon the future market, can thus be reduced to simple cash value comparisons. |
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