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Persistent link: https://www.econbiz.de/10010403743
This study employs a dataset from three German leasing companies with 14,322 defaulted leasing contracts to analyze different approaches to estimating the loss given default (LGD). Using the historical average LGD and simple OLS-regression as benchmarks, we compare hybrid finite mixture models...
Persistent link: https://www.econbiz.de/10011065574