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In terms of regulatory and economic capital, credit risk is the most significant risk faced by banks. We implement a credit risk model - based on publicly available information . with the aim of developing a tool to monitor credit risk in a sample of large and complex banking groups (LCBGs) in...
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under negative and positive externalities. A pair of entities is represented by disjoint convex sets in a small area in a … welfare loss which concerns the decision maker. A separating hyper-plane can block the negative externalities between any pair …
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