Measuring Sovereign Credit Risk - Using a Structural Model Approach
博士 === 國立交通大學 === 財務金融研究所 === 103 === In this paper, we use three structural models to investigate a country’s credit risk by applying it to a sovereign balance sheet. The transformed-data maximum likelihood estimation method and the maximization-maximization algorithm are adopted for model calibrat...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2015
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| Online Access: | http://ndltd.ncl.edu.tw/handle/50032923853163910910 |