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estimates. -- Credit risk ; Bank loans ; Loss given default ; Forecasting …
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examination of credit files of five leading German banks, thus relying on information actually used in the process of bank credit …
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Using a unique data set on German banks' loans to the German real economy, we investigate banks' credit risk. This data … the period 2003-2011 yields the following results: (i) Beyond the nationwide credit loss rate, industry composition, and … regional factors, the loans' maturity structure is found to drive the bank-wide loss rates in the credit portfolio. (ii) The …
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