Credit risk pricing in a general framework

• المؤلف الرئيسي: Huang, Hanming
• مؤلفون آخرون: Yao Shuntian
• التنسيق: Theses and Dissertations
• اللغة: English
• منشور في: 2012
• الموضوعات: DRNTU::Social sciences::Economic theory::Money and banking

In the literature, two principal approaches are widely used for credit risk modeling: structural models and reduced form models. The evolution of firms’ structural variables, such as firms’ asset and debt values, are applied to determine the time of default in structural models. In these models, a d...