Essays about: "probability of default"

Showing result 21 - 25 of 97 essays containing the words probability of default.

  1. 21. STRESS TESTING AN SME PORTFOLIO : Effects of an Adverse Macroeconomic Scenario on Credit Risk Transition Matrices

    University essay from Umeå universitet/Institutionen för matematik och matematisk statistik

    Author : Siri Almqvist; Oskar Nordin; [2021]
    Keywords : Stress test; SME; Transition Matrix; Credit Risk; Statistical Analysis; Machine Learning;

    Abstract : The financial crisis of 2007-2008 was a severe global crisis causing a worldwide recession. One of the main contributing factors of the crisis was the excessive risk appetite of banks and financial institutions. READ MORE

  3. 22. Preparing for a pandemic - a theoretical perspective on the trade-offs of unconventional monetary policy

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Carl Sandström; [2021]
    Keywords : DSGE; financial frictions; monetary policy; pandemic; Euro Area; probability of default; Business and Economics;

    Abstract : As the COVID-19 pandemic spread across the globe, unprecedented policy measures were implemented by central banks and governments to dampen the effect on the real economy. Alongside the spread of the pandemic, research regarding how to simulate similar effects of the virus on the real economy and how to formulate optimal policy began spreading at an equal pace. READ MORE

  4. 23. A Deep Learning Application for Traffic Sign Recognition

    University essay from Blekinge Tekniska Högskola/Institutionen för datavetenskap

    Author : Pramod Sai Kondamari; Anudeep Itha; [2021]
    Keywords : Image Processing; Deep Learning Algorithms; Convolutional Neural Network CNN ; OpenCV; Supervised Learning.;

    Abstract : Background: Traffic Sign Recognition (TSR) is particularly useful for novice driversand self-driving cars. Driver Assistance Systems(DAS) involves automatic trafficsign recognition. Efficient classification of the traffic signs is required in DAS andunmanned vehicles for safe navigation. READ MORE

  5. 24. Modelling default probabilities: The classical vs. machine learning approach

    University essay from KTH/Matematisk statistik

    Author : Filip Jovanovic; Paul Singh; [2020]
    Keywords : Machine learning; gradient boosting; pd-modelling; CatBoost; Random Forest; Logistic Regression; Maskininlärning; gradient boosting; fallissemangmodellering; CatBoost; Random Forest; Logistisk Regression;

    Abstract : Fintech companies that offer Buy Now, Pay Later products are heavily dependent on accurate default probability models. This is since the fintech companies bear the risk of customers not fulfilling their obligations. READ MORE

  6. 25. Probability of Default and Credit Spreads in Banks: Examining a Modified Merton Model for Assessing Bank Risk

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Linus Sigurdson; Fritiof Carling; [2020]
    Keywords : Banks; RNPD; Merton model; Credit spreads; Risk;

    Abstract : We examine the modified Merton model, as proposed by Nagel and Purnanandam (2019), and its ability to explain bank credit risk by comparing it to the standard Merton model. Previous structural models of default risk build on the assumption that assets follow a log-normal distribution, which is not applicable to banks. READ MORE