default probability造句
例句与造句
- benchmarking model of default probabilities of listed companies
上市公司违约概率的基准模型 - using the stochastic analysis theory, the measurement models of the default probabilities of the emerging technology enterprises have been built up
运用随机过程理论,建立了一类新兴技术企业违约概率的度量模型。 - the term structures of both credit spreads and default probability for defaultable bond are discussed, and are also analyzed with numerical examples
利用随机分析和偏微分方程的方法，讨论了违约债券的信用价差和违约概率的期限结构，并应用数值算例分析了期限结构的变动规律。 - this paper includes five parts . in chapter, following the research work on credit risk existing in chinese capital market examined, default probability is introduced as the paper ’ s topic and the kmv model as the main method
本文包括五部分:第一章介绍选题背景,提出本文的研究主题是资本市场中上市公司的违约概率,指出拟采用kmv模型作为研究方法。 - half year before the default was found, the default probability has high relevance with asset solvency and receivable turnover, profit earning capability and cash flow . high discriminate ratio was achieved in the models ’ actual testing
因此,企业有可能将有利于自己而不利于银行的虚假信息传递给银行,银行则不可能完全观察企业的行为和根据双方的风险类型而签订有效的借贷合同。 - It's difficult to find default probability in a sentence. 用default probability造句挺难的
- in the view of the important role of default probability in the credit risk management, in this paper, the author employs the kmv model, chooses nineteen specially treated corporations by shanghai security exchange in the year 2004 as samples, estimates the default probability of samples empirically
鉴于违约概率在信用风险管理中的核心地位,本文运用kmv模型,选取上海证券交易所2004年特别处理公司中19家公司作为样本,对我国资本市场中特别处理公司的违约概率进行了实证研究。 - in the view of the important role of default probability in the credit risk management, in this paper, the author employs the kmv model, chooses nineteen specially treated corporations by shanghai security exchange in the year 2004 as samples, estimates the default probability of samples empirically
鉴于违约概率在信用风险管理中的核心地位,本文运用kmv模型,选取上海证券交易所2004年特别处理公司中19家公司作为样本,对我国资本市场中特别处理公司的违约概率进行了实证研究。 - in chapter, after explaining the relation between the definition of default and default incident, the author makes a definition that default probability is the borrowers ’ probability of incurring default incidents, followed by summary of the role of default probability playing in the credit risk management and comparison of the advantages and disadvantages of four modern famous credit risk models
第二章对论文的基本概念进行界定。在本部分,指出现代违约定义由一系列违约事件构成,违约概率是指债务人发生违约事件的概率,介绍违约概率在信用风险管理中的地位,对各种违约概率估计方法进行了比较。 - in chapter, after explaining the relation between the definition of default and default incident, the author makes a definition that default probability is the borrowers ’ probability of incurring default incidents, followed by summary of the role of default probability playing in the credit risk management and comparison of the advantages and disadvantages of four modern famous credit risk models
第二章对论文的基本概念进行界定。在本部分,指出现代违约定义由一系列违约事件构成,违约概率是指债务人发生违约事件的概率,介绍违约概率在信用风险管理中的地位,对各种违约概率估计方法进行了比较。 - in this paper, we primary study two contents : 1 ) the effect of the changes of both the loan interest rate and the defaulting probability of the entrepreneur on the expected profits of the banks when the entrepreneur pursues opportunity benefit under asymmetric information . 2 ) the effect of the change of the loan interest rate on the average successful probability of the project of the entrepreneur when the entrepreneur have multi-continuous projects under asymmetric information
摘要主要研究两个方面的内容：1)不对称信息条件下，当企业追求机会利益时，贷款利率和企业拖欠还款概率的变化对银行期望利润的影响；2)当企业具有多个连续投资项目时，在不对称信息条件下，贷款利率的变化对企业项目平均成功概率的影响。 - relation between special treatment and default existing in a specially treated corporation is derived out . based on this finding, two hypotheses are made : 1 . a specially treated corporation may be with high default probability; 2 . the default probability of a specially treated corporation tends to be higher as time near the exposure date
本研究分析了特别处理与信用违约之间的内在关系并结合特别处理后一年内样本公司实际发生的违约案例,提出了两个基本假设:(一)特别处理公司是高违约概率公司;(二)随着时间向特别处理日期逼近,公司的违约概率呈现上升趋势。 - relation between special treatment and default existing in a specially treated corporation is derived out . based on this finding, two hypotheses are made : 1 . a specially treated corporation may be with high default probability; 2 . the default probability of a specially treated corporation tends to be higher as time near the exposure date
本研究分析了特别处理与信用违约之间的内在关系并结合特别处理后一年内样本公司实际发生的违约案例,提出了两个基本假设:(一)特别处理公司是高违约概率公司;(二)随着时间向特别处理日期逼近,公司的违约概率呈现上升趋势。 - according to the problem that the recovery rate is traditional treated as a constant or an independent stochastic variable by the classical credit risk pricing and management model, and problem that the negative correlation between the default probability and recovery rate is always neglected, this dissertation gets the exponential and logarithm regression models of default probablilty and recovery rate based on some empirical researches, and improves on several broadly applied credit risk models, such as structural hazard rate model, affine structure model, convertible bond pricing model and credit metrics model, and introduce the negative correlation between
针对传统的信用风险定价模型及信用风险管理模型将违约回收率看成是一个外生的常数或是一个独立的随机变量,而忽略回收率和违约概率之间的负相关性这一问题,本文应用相关实证研究得到了违约概率和回收率的指数和对数回归模型,并对应用非常广泛的结构化风险率模型、仿射结构模型、可转换债券定价模型和creditmetrics模型进行了改进和拓展,在新模型中应用指数和对数函数引入了这两个变量之间的负相关性。 - the first hypothesis is true according to the pd of 1-year and pds of each quarterly in one year before special treatment and the second hypothesis also is true in three quarterlies before a corporation is specially treated . default probability of a specially treated corporation is high and tends to increase as time near the exposure date . 2 . kmv model has a capacity of discriminating the bad borrowers from good borrowers . 3 . volatility of market value of asset is determinant of default probability
本文得出的主要结论有:(一)假设一在特别处理前一年及各个季度内成立,假设二在特别处理前三个季度内成立,我国资本市场中的特别处理公司具有较高的违约概率且随着时间向特别处理实施日期逼近违约概率增加;(二)kmv模型具有较强的对违约债务人的识别力;(三)影响违约概率的主要因素是公司资产价值波动率。 - the first hypothesis is true according to the pd of 1-year and pds of each quarterly in one year before special treatment and the second hypothesis also is true in three quarterlies before a corporation is specially treated . default probability of a specially treated corporation is high and tends to increase as time near the exposure date . 2 . kmv model has a capacity of discriminating the bad borrowers from good borrowers . 3 . volatility of market value of asset is determinant of default probability
本文得出的主要结论有:(一)假设一在特别处理前一年及各个季度内成立,假设二在特别处理前三个季度内成立,我国资本市场中的特别处理公司具有较高的违约概率且随着时间向特别处理实施日期逼近违约概率增加;(二)kmv模型具有较强的对违约债务人的识别力;(三)影响违约概率的主要因素是公司资产价值波动率。