Fundamentals-Based Estimation of Default Probabilities - A Survey [electronic resource] / Jorge A Chan-Lau.
Material type:
TextSeries: IMF Working Papers; Working Paper ; No. 06/149Publication details: Washington, D.C. : International Monetary Fund, 2006Description: 1 online resource (20 p.)ISBN: 1451864094 :ISSN: 1018-5941Subject(s): Banking | Bankrupt | Default Probabilities | Econometric Modeling | Financial Economics: General | Forecasting | Argentina | Finland | Spain | United KingdomAdditional physical formats: Print Version:: Fundamentals-Based Estimation of Default Probabilities - A SurveyOnline resources: IMF e-Library | IMF Book Store Abstract: This survey reviews a number of different fundamentals-based models for estimating default probabilities for firms and/or industries, and illustrates them with real applications by practitioners and policy making institutions. The models are especially useful when the firms analyzed do not have publicly traded securities or secondary market prices are unreliable because of low liquidity.
This survey reviews a number of different fundamentals-based models for estimating default probabilities for firms and/or industries, and illustrates them with real applications by practitioners and policy making institutions. The models are especially useful when the firms analyzed do not have publicly traded securities or secondary market prices are unreliable because of low liquidity.
Description based on print version record.
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