Results 61 to 70 of about 65,859 (324)
A Structural Credit Risk Model with Jumps Based on Uncertainty Theory
MathematicsThis study, within the framework of uncertainty theory, employs an uncertain differential equation with jumps to model the asset value process of a company, establishing a structured model of uncertain credit risk that incorporates jumps.
Hong Huang +3 more
doaj +1 more source
1) MULTIDIMENSIONAL SCALING FOR CREDIT DEFAULT SWAP (CDS): EVIDENCE FROM OECD COUNTRIES [PDF]
Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice, 2018 The aim of this study is to analyze the similarities and differences between the OECD countries in terms of the change in CDS risk premiums. Accordingly, CDS risk premiums of the related countries are taken on a monthly basis for the 30/06/2011 - 30/09 ...
Ayhan KAPUSUZOGLU, Nildag Basak CEYLAN
doaj
Risks, 2017 The paper deals with defaultable markets, one of the main research areas of mathematical finance. It proposes a new approach to the theory of such markets using techniques from the calculus of optional stochastic processes on unusual probability spaces ...
Mohamed N. Abdelghani +1 more
doaj +1 more source
Psychology &Marketing, EarlyView.ABSTRACT This study investigates how predecision comfort, a positive emotional state experienced before making a choice, influences consumers' transition from a deliberative to an implemental mindset. While the notion that comfort facilitates decisive action may seem intuitive, consumer decision‐making theory has predominantly emphasised cognitive ...
Sean Sands +3 more
wiley +1 more source
ECONOMIC GROUNDS FOR CREDIT RISK MANAGEMENT UNDER UNCERTAINTY
Модернизация, инновация, развитие, 2016 This article examines modern financial insurance techniques with the use of credit default swaps for covering bond default risk. The author examines several mathematical models and specifies variables necessary to determine the swap spread depending on ...
N. V. Strelnikov
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The impact of war in Ukraine on market and credit risk: A case study of EuroStoxx companies
Review of Financial Economics, EarlyView.Abstract In this article, we explore the impact of the beginning of the war between Ukraine and Russia on both the market and credit risk of large European companies to find out which were more sensitive and if the reactions varied by sector. We sampled from companies included in the EuroStoxx 600 index and those whose CDS can be found in the iTraxx ...
Cecilia Téllez Valle +2 more
wiley +1 more source
Procyclicality in tradeable credit risk: Consequences for South Africa
South African Journal of Economic and Management Sciences, 2018 Background: Tradeable credit assets are vulnerable to two varieties of credit risk: default risk (which manifests itself as a binary outcome) and spread risk (which arises as spreads change continuously).
Dirk Visser, Gary W. van Vuuren
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Sustainable Development, EarlyView.ABSTRACT Solar home systems (SHSs) are celebrated as a technological antidote to sub–Saharan Africa's chronic electricity deficits, yet the financial and social mechanisms that move them from warehouse to household remain underexplored. Drawing on 157 interviews with SHS owners in Tanzania and Malawi, this study examines the financial pathways used to ...
Nathanael Ojong +2 more
wiley +1 more source
Examining what best explains corporate credit risk: accounting-based versus market-based models
Journal of Business Economics and Management, 2014 This paper uses a sample of 2,186 credit default swap spreads quoted in the European market during the period 2002–2009 to empirically analyze which model – accounting- or market-based – better explains corporate credit risk. We find little difference in
Antonio Trujillo-Ponce +2 more
doaj +1 more source
Teaching financial crises: A leverage experiment
Southern Economic Journal, EarlyView.Abstract College students often struggle to understand the prevalence of asset price bubbles and the difficulty of timing asset purchases and sales. Even economics students are consistently surprised when bubbles burst. These breaks can have real macroeconomic effects, particularly when the price surge is fueled by leverage.
Lee Coppock, Daniel Harper, Charles Holt
wiley +1 more source