One-factor model for default rates by loan type

This paper investigates the link between default rates by loan types and the systemic credit risk component. This link is described by a linear model that combines systemic and idiosyncratic contributions. The systemic component is a latent factor that depends directly on the aggregate loan default...

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Auteur principal: Božović Miloš
Format: article
Langue:EN
SR
Publié: Association of Serbian Banks 2021
Sujets:
Accès en ligne:https://doaj.org/article/f4324635bab1415fbdd901acf4dd8e4c
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