Mittnik, Stefan; Yener, Tina - Center for Financial Studies - 2008
-shock models used in reliability theory. An obvious implication of this finding pertains to the analysis of operational risk. The … pertains to the analysis of operational risk. The alleged
incentive suggested by the New Basel Capital Accord (Basel II …
attainable.
JEL Classification: C52, G11, G32
Keywords: Operational Risk, Latent Variables, Correlated Events
1 …