default probability造句
例句與造句
- benchmarking model of default probabilities of listed companies
上市公司違約概率的基準(zhǔn)模型 - using the stochastic analysis theory, the measurement models of the default probabilities of the emerging technology enterprises have been built up
運(yùn)用隨機(jī)過程理論,建立了一類新興技術(shù)企業(yè)違約概率的度量模型。 - the term structures of both credit spreads and default probability for defaultable bond are discussed, and are also analyzed with numerical examples
利用隨機(jī)分析和偏微分方程的方法，討論了違約債券的信用價差和違約概率的期限結(jié)構(gòu)，并應(yīng)用數(shù)值算例分析了期限結(jié)構(gòu)的變動規(guī)律。 - this paper includes five parts . in chapter, following the research work on credit risk existing in chinese capital market examined, default probability is introduced as the paper ’ s topic and the kmv model as the main method
本文包括五部分:第一章介紹選題背景,提出本文的研究主題是資本市場中上市公司的違約概率,指出擬采用kmv模型作為研究方法。 - half year before the default was found, the default probability has high relevance with asset solvency and receivable turnover, profit earning capability and cash flow . high discriminate ratio was achieved in the models ’ actual testing
因此,企業(yè)有可能將有利于自己而不利于銀行的虛假信息傳遞給銀行,銀行則不可能完全觀察企業(yè)的行為和根據(jù)雙方的風(fēng)險類型而簽訂有效的借貸合同。 - It's difficult to find default probability in a sentence. 用default probability造句挺難的
- in the view of the important role of default probability in the credit risk management, in this paper, the author employs the kmv model, chooses nineteen specially treated corporations by shanghai security exchange in the year 2004 as samples, estimates the default probability of samples empirically
鑒于違約概率在信用風(fēng)險管理中的核心地位,本文運(yùn)用kmv模型,選取上海證券交易所2004年特別處理公司中19家公司作為樣本,對我國資本市場中特別處理公司的違約概率進(jìn)行了實(shí)證研究。 - in the view of the important role of default probability in the credit risk management, in this paper, the author employs the kmv model, chooses nineteen specially treated corporations by shanghai security exchange in the year 2004 as samples, estimates the default probability of samples empirically
鑒于違約概率在信用風(fēng)險管理中的核心地位,本文運(yùn)用kmv模型,選取上海證券交易所2004年特別處理公司中19家公司作為樣本,對我國資本市場中特別處理公司的違約概率進(jìn)行了實(shí)證研究。 - in chapter, after explaining the relation between the definition of default and default incident, the author makes a definition that default probability is the borrowers ’ probability of incurring default incidents, followed by summary of the role of default probability playing in the credit risk management and comparison of the advantages and disadvantages of four modern famous credit risk models
第二章對論文的基本概念進(jìn)行界定。在本部分,指出現(xiàn)代違約定義由一系列違約事件構(gòu)成,違約概率是指債務(wù)人發(fā)生違約事件的概率,介紹違約概率在信用風(fēng)險管理中的地位,對各種違約概率估計方法進(jìn)行了比較。 - in chapter, after explaining the relation between the definition of default and default incident, the author makes a definition that default probability is the borrowers ’ probability of incurring default incidents, followed by summary of the role of default probability playing in the credit risk management and comparison of the advantages and disadvantages of four modern famous credit risk models
第二章對論文的基本概念進(jìn)行界定。在本部分,指出現(xiàn)代違約定義由一系列違約事件構(gòu)成,違約概率是指債務(wù)人發(fā)生違約事件的概率,介紹違約概率在信用風(fēng)險管理中的地位,對各種違約概率估計方法進(jìn)行了比較。 - in this paper, we primary study two contents : 1 ) the effect of the changes of both the loan interest rate and the defaulting probability of the entrepreneur on the expected profits of the banks when the entrepreneur pursues opportunity benefit under asymmetric information . 2 ) the effect of the change of the loan interest rate on the average successful probability of the project of the entrepreneur when the entrepreneur have multi-continuous projects under asymmetric information
摘要主要研究兩個方面的內(nèi)容：1)不對稱信息條件下，當(dāng)企業(yè)追求機(jī)會利益時，貸款利率和企業(yè)拖欠還款概率的變化對銀行期望利潤的影響；2)當(dāng)企業(yè)具有多個連續(xù)投資項(xiàng)目時，在不對稱信息條件下，貸款利率的變化對企業(yè)項(xiàng)目平均成功概率的影響。 - relation between special treatment and default existing in a specially treated corporation is derived out . based on this finding, two hypotheses are made : 1 . a specially treated corporation may be with high default probability; 2 . the default probability of a specially treated corporation tends to be higher as time near the exposure date
本研究分析了特別處理與信用違約之間的內(nèi)在關(guān)系并結(jié)合特別處理后一年內(nèi)樣本公司實(shí)際發(fā)生的違約案例,提出了兩個基本假設(shè):(一)特別處理公司是高違約概率公司;(二)隨著時間向特別處理日期逼近,公司的違約概率呈現(xiàn)上升趨勢。 - relation between special treatment and default existing in a specially treated corporation is derived out . based on this finding, two hypotheses are made : 1 . a specially treated corporation may be with high default probability; 2 . the default probability of a specially treated corporation tends to be higher as time near the exposure date
本研究分析了特別處理與信用違約之間的內(nèi)在關(guān)系并結(jié)合特別處理后一年內(nèi)樣本公司實(shí)際發(fā)生的違約案例,提出了兩個基本假設(shè):(一)特別處理公司是高違約概率公司;(二)隨著時間向特別處理日期逼近,公司的違約概率呈現(xiàn)上升趨勢。 - according to the problem that the recovery rate is traditional treated as a constant or an independent stochastic variable by the classical credit risk pricing and management model, and problem that the negative correlation between the default probability and recovery rate is always neglected, this dissertation gets the exponential and logarithm regression models of default probablilty and recovery rate based on some empirical researches, and improves on several broadly applied credit risk models, such as structural hazard rate model, affine structure model, convertible bond pricing model and credit metrics model, and introduce the negative correlation between
針對傳統(tǒng)的信用風(fēng)險定價模型及信用風(fēng)險管理模型將違約回收率看成是一個外生的常數(shù)或是一個獨(dú)立的隨機(jī)變量,而忽略回收率和違約概率之間的負(fù)相關(guān)性這一問題,本文應(yīng)用相關(guān)實(shí)證研究得到了違約概率和回收率的指數(shù)和對數(shù)回歸模型,并對應(yīng)用非常廣泛的結(jié)構(gòu)化風(fēng)險率模型、仿射結(jié)構(gòu)模型、可轉(zhuǎn)換債券定價模型和creditmetrics模型進(jìn)行了改進(jìn)和拓展,在新模型中應(yīng)用指數(shù)和對數(shù)函數(shù)引入了這兩個變量之間的負(fù)相關(guān)性。 - the first hypothesis is true according to the pd of 1-year and pds of each quarterly in one year before special treatment and the second hypothesis also is true in three quarterlies before a corporation is specially treated . default probability of a specially treated corporation is high and tends to increase as time near the exposure date . 2 . kmv model has a capacity of discriminating the bad borrowers from good borrowers . 3 . volatility of market value of asset is determinant of default probability
本文得出的主要結(jié)論有:(一)假設(shè)一在特別處理前一年及各個季度內(nèi)成立,假設(shè)二在特別處理前三個季度內(nèi)成立,我國資本市場中的特別處理公司具有較高的違約概率且隨著時間向特別處理實(shí)施日期逼近違約概率增加;(二)kmv模型具有較強(qiáng)的對違約債務(wù)人的識別力;(三)影響違約概率的主要因素是公司資產(chǎn)價值波動率。 - the first hypothesis is true according to the pd of 1-year and pds of each quarterly in one year before special treatment and the second hypothesis also is true in three quarterlies before a corporation is specially treated . default probability of a specially treated corporation is high and tends to increase as time near the exposure date . 2 . kmv model has a capacity of discriminating the bad borrowers from good borrowers . 3 . volatility of market value of asset is determinant of default probability
本文得出的主要結(jié)論有:(一)假設(shè)一在特別處理前一年及各個季度內(nèi)成立,假設(shè)二在特別處理前三個季度內(nèi)成立,我國資本市場中的特別處理公司具有較高的違約概率且隨著時間向特別處理實(shí)施日期逼近違約概率增加;(二)kmv模型具有較強(qiáng)的對違約債務(wù)人的識別力;(三)影響違約概率的主要因素是公司資產(chǎn)價值波動率。