Jouault, Amelie; Featherstone, Allen M. - In: Journal of applied finance & banking 1 (2011) 1, pp. 1-30
Recently, financial institutions have developed improved internal risk rating systems and emphasized the probability of default and loss given default. The default characteristics are studied for 756 loans from a French bank: CIC- Banque SNVB. A binomial logit regression is used to estimate...
