Härdle, Wolfgang; Moro, Rouslan A.; Schäfer, Dorothea - 2007
quantitative models on the PD
estimation and, therefore, on capital requirements.
When following the DA, logit or probit approach … Tangible asset retirement Growth 1.0 21.8 77.8 18.1
K29 Interest coverage ratio Cost struct. -1338.6 159.0 34350.0 563.2
K30 … functional
form.
The conversion procedure consists of the estimation of PDs for the observa-
tions of the training set with a …
