Showing 31 - 40 of 661,740
Persistent link: https://www.econbiz.de/10011713589
We use tools from survival analysis to study the equilibrium probability of bank failure in a model with imperfect correlation in loan defaults where a systematic risk factor and idiosyncratic frailty factors govern borrower credit worth. We derive several surprising results: in equilibrium, a...
Persistent link: https://www.econbiz.de/10014520854
Persistent link: https://www.econbiz.de/10011534132
Persistent link: https://www.econbiz.de/10011740567
Persistent link: https://www.econbiz.de/10010343764
Persistent link: https://www.econbiz.de/10003328598
Persistent link: https://www.econbiz.de/10003417555
Persistent link: https://www.econbiz.de/10003407952
Persistent link: https://www.econbiz.de/10009579715
Persistent link: https://www.econbiz.de/10009532391