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This study considers domestic and international small and medium-sized enterprises (SMEs) of the United Kingdom … and international SMEs, which contradicts the need for separate default risk models. However, the lower predictive … accuracy measures of the model developed for international SMEs motivate us to compare the weights of regression coefficients …
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We explore an inconsistency in the Basel Committee's Internal Ratings Based (IRB) rules: the IRB rules on corporate loans were calibrated to loan-level data, while the IRB rules on small business loans were calibrated with little, if any, information on small business loans. We argue that the...
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We explore an inconsistency in the Basel Committee's Internal Ratings Based (IRB) rules: the IRB rules on corporate loans were calibrated to loan-level data, while the IRB rules on small business loans were calibrated with little, if any, information on small business loans. We argue that the...
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