We present a model for CVA calculation in which the recovery rate is inferred from the term
structure of CDS spreads. The negative relation between recovery rates and default …

This thesis explores whether and how cohort analysis can improve the vintage analysis
techniques that are used for the analysis of loans by structured credit market participants …

Инновации в области новых товаров и производственных технологий способствуют
росту благосостояния общества. В то же время, некоторые финансовые инновации …