Número:
743
Publicado:
Palabras clave:
Merton model, Structural model, Credit risk, Probability of default
Lo más reciente
Jaime Alfredo Bonet-Moron, Jhorland Ayala-García
Informational constraints may turn the Merton Model for corporate credit risk impractical. Applying this framework to the Colombian financial sector is limited to four stock-market-listed firms; more than a hundred banking and non-banking firms are not li