Stefan Trueck: 1 book
Rating Based Modeling of Credit Risk
Theory and Application of Migration Matrices
Language: English
Release Date: January 15, 2009
In the last decade rating-based models have become very popular in credit risk management. These systems use the rating of a company as the decisive variable to evaluate the default risk of a bond or loan. The popularity is due to the straightforwardness of the approach, and to the upcoming new capital...
