Sustainable economies: Using a macro-economic model to predict how the default rate is affected under economic stress scenarios
This article aims to calculate the quarterly default rate of customers loans in the UK for different simulated stress-scenarios based on a macro-economic model. These simulations are from Q1 2019 until Q4 2023. The simulated default rates are compared to default rates from the 2007–2009 crisis. In a...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2020-01-01
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| Series: | Sustainable Futures |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2666188820300046 |