A Review of the Theory of Pricing on Default Risks

摘要：

This paper surveys the developments in the finance literatures with respect to default risk A broad description of the issues is followed by a summary of the main points and features of the models. Both the Structural model and Reduced-form model are presented and critically reviewed.

关键词： structural model reduced-form model pricing on default risk

作者: WANG Chun-song CHEN Jin-xian WANG Qiong WU Heng-yu

作者单位: School of Management,Xian Jiaotong University,Xian,Shaanxi,China Guotai Security Company,Hangzhou, Xian Ever Bright Bank Xian,Shaanxi,China

会议类型: 国际会议

会议名称: The Fourth International Conference on Management of Innovation and Technology(第四届技术管理与技术创新国际会议 ISMOT04)

会议地点: 杭州

会议语种:英文

页码: 666-669

在线出版日期: 2004-10-24（万方平台首次上网日期，不代表论文的发表时间）