AN APPROACH TO CORPORATE AND ASSETS DEFAULT
AN APPROACH TO CORPORATE AND ASSETS DEFAULT
Author(s): Pavel StoynovSubject(s): Economy
Published by: Софийски университет »Св. Климент Охридски«
Keywords: default risk; intensity-based approach; diversification.
Summary/Abstract: The general specification of default risk premium in the context of an intensity-based model is considered. Some examples and applications to modeling survival probabilities of both assets and firms in an economy are given.
Journal: Годишник на Стопанския факултет на СУ „Св. Климент Охридски“
- Issue Year: 9/2011
- Issue No: 1
- Page Range: 231-236
- Page Count: 6
- Language: English