2026-09-18T18:37:39Zhttps://dspace.mit.edu/server/oai/requestoai:dspace.mit.edu:1721.1/806692022-01-13T07:54:52Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023
Xavier Giroud.
Yan, Jingsi
Sloan School of Management.
Sloan School of Management
2013-09-12T19:18:15Z
2013-09-12T19:18:15Z
2013
2013
http://hdl.handle.net/1721.1/80669
857767940
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2013.
Cataloged from PDF version of thesis.
Includes bibliographical references (p. 40).
In this thesis, we are going to study asset liability management throughout the macroeconomic cycle in financial institutions. There are two important problems in financial institutions. The first is that asset and liability management has significant effects on the financial institution's value. The second is that in different stages of the macroeconomic cycle, the effect of asset and liability management approaches is not same. Therefore, the purpose of the thesis is to study how asset liability management causes economic consequences for financial institutions and in what capacity. In this thesis, based on the analysis of asset liability management and the economic cycle, we establish a dynamic system to simulate how a financial institution makes decision throughout economic cycles. In order to simulate the system, we established a model to reflect how the economic cycle affects the financial institution's value by using the economic relationship and we built up the decision making progress. Then we simulate the system through Matlab. From the simulation results, we can observe the changes of system in the given time horizon.
by Jingsi Yan.
S.M.
[viii], 40 p.
eng
Massachusetts Institute of Technology
M.I.T. theses are protected by
copyright. They may be viewed from this source for any purpose, but
reproduction or distribution in any format is prohibited without written
permission. See provided URL for inquiries about permission.
http://dspace.mit.edu/handle/1721.1/7582
Sloan School of Management.
Asset liability management throughout macroeconomic cycle in financial institutions
Thesis
application/pdf
false
Publication
unknown
unknown
<Publication xmlns="https://www.openaire.eu/cerif-profile/1.1/" id="b6d3c170-d205-4d0d-b29b-2f73e0816d6c">
<Type xmlns="https://www.openaire.eu/cerif-profile/vocab/COAR_Publication_Types">http://purl.org/coar/resource_type/c_1843</Type>
<Language>eng</Language>
<Title>Asset liability management throughout macroeconomic cycle in financial institutions</Title>
<PublishedIn>
<Publication>
</Publication>
</PublishedIn>
<PublicationDate>2013</PublicationDate>
<Authors>
<Author>
<DisplayName>Yan, Jingsi</DisplayName>
<Affiliation>
<OrgUnit>
</OrgUnit>
</Affiliation>
</Author>
</Authors>
<Editors>
</Editors>
<Publishers>
<Publisher>
<DisplayName>Massachusetts Institute of Technology</DisplayName>
<OrgUnit />
</Publisher>
</Publishers>
<License>http://dspace.mit.edu/handle/1721.1/7582</License>
<Keyword>Sloan School of Management.</Keyword>
<Abstract>In this thesis, we are going to study asset liability management throughout the macroeconomic cycle in financial institutions. There are two important problems in financial institutions. The first is that asset and liability management has significant effects on the financial institution's value. The second is that in different stages of the macroeconomic cycle, the effect of asset and liability management approaches is not same. Therefore, the purpose of the thesis is to study how asset liability management causes economic consequences for financial institutions and in what capacity. In this thesis, based on the analysis of asset liability management and the economic cycle, we establish a dynamic system to simulate how a financial institution makes decision throughout economic cycles. In order to simulate the system, we established a model to reflect how the economic cycle affects the financial institution's value by using the economic relationship and we built up the decision making progress. Then we simulate the system through Matlab. From the simulation results, we can observe the changes of system in the given time horizon.</Abstract>
<Access xmlns="http://purl.org/coar/access_right"
>
</Access>
</Publication>