Dynamic analysis of bankruptcy and economic waves
Pre-print, Working paper: The procedures presented in this paper provide a dynamic apparatus of crediting the industrial operating systems with the assignment to avoid their correlated defaulting, to conserve general safety and soundness and improve its ability to serve as a source for sustainable growth for economy. The quality of operating firms at different periods is evaluated using the migration matrixes between some classes of default risk.
Keywords
- Credit risk
- Economic growth
- Regulation
Internal reference
- PSE Working Papers n°2005-09
URL of the HAL notice
Version
- 1