04372oam 22011534 450 991097049790332120250426110106.097866138206799781462341733146234173X97814527511531452751153978128239224312823922479781452702568145270256X(CKB)3360000000443106(EBL)3014433(SSID)ssj0000941184(PQKBManifestationID)11547876(PQKBTitleCode)TC0000941184(PQKBWorkID)10955975(PQKB)10959743(OCoLC)694141082(MiAaPQ)EBC3014433(IMF)WPIEE2006149(IMF)WPIEA2006149WPIEA2006149(EXLCZ)99336000000044310620020129d2006 uf 0engur|n|---|||||txtccrFundamentals-Based Estimation of Default Probabilities - A Survey /Jorge Chan-Lau1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (20 p.)IMF Working Papers"June 2006."9781451864090 1451864094 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. MACROECONOMIC-BASED MODELS""; ""III. CREDIT SCORING (OR ACCOUNTING-BASED) MODELS""; ""IV. RATINGS-BASED MODELS""; ""V. HYBRID MODELS""; ""VI. CONCLUSIONS""; ""REFERENCES""This survey reviews a number of different fundamentals-based models for estimating default probabilities for firms and/or industries, and illustrates them with real applications by practitioners and policy making institutions. The models are especially useful when the firms analyzed do not have publicly traded securities or secondary market prices are unreliable because of low liquidity.IMF Working Papers; Working Paper ;No. 2006/149CorporationsEvaluationEconometric modelsDefault (Finance)Econometric modelsBanksimfBusiness cyclesimfCredit ratingsimfCreditimfDepository InstitutionsimfEconometric Modeling: GeneralimfEconometric modelsimfEconometrics & economic statisticsimfEconometricsimfEconomic growthimfFinanceimfIndustries: Financial ServicesimfLoansimfMacroeconomicsimfMicro Finance InstitutionsimfMonetary economicsimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfMoney and Monetary PolicyimfMortgagesimfPrices, Business Fluctuations, and Cycles: General (includes Measurement and Data)imfUnited StatesimfCorporationsEvaluationEconometric models.Default (Finance)Econometric models.BanksBusiness cyclesCredit ratingsCreditDepository InstitutionsEconometric Modeling: GeneralEconometric modelsEconometrics & economic statisticsEconometricsEconomic growthFinanceIndustries: Financial ServicesLoansMacroeconomicsMicro Finance InstitutionsMonetary economicsMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralMoney and Monetary PolicyMortgagesPrices, Business Fluctuations, and Cycles: General (includes Measurement and Data)Chan-Lau Jorge1815656International Monetary Fund.Monetary and Financial Systems Dept.DcWaIMFBOOK9910970497903321Fundamentals-Based Estimation of Default Probabilities - A Survey4371122UNINA