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- W2738948688 abstract "Credit Risk modeling has been a subject of considerable research interest for finance and statistical researchers. The quantification of credit risk by assigning measurable and comparable numbers to the likelihood of default or spread risk is a major frontier in modern finance. In this paper we provide a literature review of credit risk models including both structural and intensity based approaches. Our focus is placed on probability of default and hazard rate of time to default." @default.
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- W2738948688 date "2017-09-01" @default.
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- W2738948688 title "Structure and Intensity Based Approach in Credit Risk Models: A Literature Review" @default.
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