The extent to which consumers carry balances on their credit cards strongly influences the incidence of default they exhibit. Using monthly data on consumer credit cards from 2008 to 2018, we show ...

General Dynamics Corporation (NYSE:GD) is one of the 11 best industrial stocks to buy right now. On June 18, the company was ...

The impact of PD/LGD correlations on credit risk capital Guido Giese applies econometric estimates of correlations between default rates and loss given default rates to modern credit portfolio models ...

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