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of the events of fulfilling, delinquency and default of each individual payment on the loan. The proposed model has …
Persistent link: https://www.econbiz.de/10011111290
objective of this program was to create some income source for these Ultra-poor through credit support. But diversion of loan … time causes a threat to the MFIs as some of them become default. We observe that among these Ultra-poor households who have …
Persistent link: https://www.econbiz.de/10008740572
new valuation method of the fixed income securities. The primary goal of this paper is a credit derivative pricing method … of the risky debt instruments. First we introduce a formal definition of the default. It somewhat close but does not … coincide with the reduced form of the default setting. …
Persistent link: https://www.econbiz.de/10005836474
, savings and stock market participation are interconnected decisions. However, to the best of our knowledge, a theoretical …
Persistent link: https://www.econbiz.de/10011113360
This paper introduces a new monetary theory. A simple model is described in which a central bank sets the interest rate in a way that the excess demand for credits equals the preferred amount of money. It is compatible with the Keynesian liquidity preference theory and the neoclassical loanable...
Persistent link: https://www.econbiz.de/10011156995
This paper endeavours to assess the viability of the FONGS FINRURAL, a nascent network of 09 rural savings and credit … pertaining to each MFI. In the same vein, the network records an increase in savings collection which is however concentrated … records to its savings policy mainly based on high rate of compulsory savings (33%) as requirement for loan application …
Persistent link: https://www.econbiz.de/10011258176
unique category. The most represented type of risk in credit is a credit risk. It is possible to divide factors of risk … between decision-making and investment influences the size of a credit risk. The length of credit structure influences the … risk. The cognition of debtor's debt servicing potential, methods of coverage credit risk and indicators of credit risk …
Persistent link: https://www.econbiz.de/10005836609
The rapid growth in Turkish credit card market brought together new issues. Card holders and consumer unions complain … about the high interest rates, economists complain about the default rates and banks complain about the amnesties. After all … of these complaints coinciding with the accelerating suicide incidences due to credit card debts, regulation has been …
Persistent link: https://www.econbiz.de/10005836558
general debt problems is presenting the price given the RR. The problem of a credit default swap (CDS) pricing is somewhat an … investment is related to the loss if default occurs. There exist a possibility for a risky bond buyer to reduce his credit risk … CDS can be described as follows. The buyer of the credit swap pays fixed rate or coupon until maturity or default if it …
Persistent link: https://www.econbiz.de/10005837086
definition of an endogenous default probability and the analysis of how it effects the credit supply, it is possible to … developed a model with heterogeneous agents and an active interbank market, characterized by an endogenous default probability …. The key feature of the analysis is that the probability of default evolves endogenously and is taken into account by banks …
Persistent link: https://www.econbiz.de/10011156994