Revisit of the Credit Rating : an Empirical Test of the First Passage Model
Abstract
Credit ratings are assigned to overcome informative asymmetry between lenders and borrowers in financial markets. This study revisted the "first passage model" of credit ratings.
Subject
Credit ratings--Research
Credit--Mathematical models
Posters
Permanent Link
http://digital.library.wisc.edu/1793/61917Description
Color poster with text, graphs, and tables.