A simple Markov chain structure for the evolution of credit ratings

Author:

Baíllo Amparo,Fernández José Luis

Publisher

Wiley

Subject

Management Science and Operations Research,General Business, Management and Accounting,Modeling and Simulation

Reference10 articles.

1. Credit Risk Modelling. Theory and Applications. Princeton University Press: Princeton, 2004.

2. Credit Derivatives Pricing Models. Models, Pricing and Implementation. Wiley: Chichester, 2003.

3. Analyzing rating transitions and rating drift with continuous observations

4. Introduction to Probability Models (8th edn). Academic Press: San Diego, 2002.

5. . Confidence sets for continuous-time rating transition probabilities. Manuscript, 2002.

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1. Portfolio optimization of credit risky bonds: a semi-Markov process approach;Financial Innovation;2020-05-22

2. Markov Chain Model with Catastrophe to Determine Mean Time to Default of Credit Risky Assets;Journal of Statistical Physics;2017-10-06

3. Markov regenerative credit rating model;The Journal of Risk Finance;2017-05-15

4. Rate of Occurrence of Failures (ROCOF) of Higher-Order for Markov Processes: Analysis, Inference and Application to Financial Credit Ratings;Methodology and Computing in Applied Probability;2015-01-30

5. Fault Prognosis and Simulation of Sensor via Hidden Markov Model;2013 Third International Conference on Instrumentation, Measurement, Computer, Communication and Control;2013-09

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