Quantifying Credit Risk I: Default Prediction
- 2 January 2003
- journal article
- Published by Taylor & Francis in CFA Magazine
- Vol. 59 (1) , 30-44
- https://doi.org/10.2469/faj.v59.n1.2501
Abstract
Until the 1990s, corporate credit analysis was viewed as an art rather than a science because analysts lacked a way to adequately quantify absolute levels of default risk. In the past decade, howev... Until the 1990s, corporate credit analysis was viewed as an art rather than a science because of analysts' inability to adequately quantify absolute levels of default risk. More than 30 years ago, ...Keywords
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