Letter to the editor - No straw men at IMF
Dear Sir,
Mr Schachter's letter to the editor ('Kooky science for value-at-risk', Asia Risk March 2008) suggests vast divides between theory and practice where there are none, and accuses us of setting up a straw man.
Though a careful reading of our article would reveal we reflected upon and addressed most of his remarks and criticisms, we would like to set the record straight.
Most importantly, it
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