| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3479 |
| DP3479 Assessing Welfare Accounts | |
| Dennis Snower; Mike Orszag; Stefan Fölster; Robert Gidehag | |
| 发表日期 | 2002-07-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | Internal credit ratings are expected to gain in importance because of their potential use for determining regulatory capital adequacy and banks? increasing focus on the risk-return profile in commercial lending. Therefore, the components of internal credit ratings merit not only a qualitative but also a quantitative analysis. Whereas the eligibility of financial factors as inputs for credit ratings is widely accepted, the role of non-financial factors remains ambiguous. Analysing credit file data from four major German banks we find evidence that the combined use of financial and non-financial factors leads to a more accurate prediction of current and future default events than the single use of each of these factors respectively. |
| 主题 | Financial Economics |
| 关键词 | Credit risk Credit ratings Debt default Probit analysis |
| URL | https://cepr.org/publications/dp3479 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532495 |
| 推荐引用方式 GB/T 7714 | Dennis Snower,Mike Orszag,Stefan Fölster,et al. DP3479 Assessing Welfare Accounts. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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