必应词典为您提供Reduced-Form-Model的释义,网络释义: 简化模型;简化式模型;缩减式模型;
1)reduced form model简约模型 1.It removes some unreasonable hypothesizes of structural model and reduced form model and considers that companies have default trend at all times which depends on default rate, not only on.它摒弃了在此之前的结构模型和简约模型的一些不完全合理的假设条件,认为公司并非只...
Reduced model根据历史数据用company’s specific variable以及macro economic variable找出违约概率,并解释公司未来when default occurs,与structural model不同,reduced model中的POD是一个外生变量(external)。优点是输入变量是可以观察到的历史数据,可以反映出公司经历的经济周期,模型用的数据都是金融市场公开数据。缺点是...
Reduced-form model是基于市场信息做的计量回归模型。会使用到的数据有,公司自己的财务指标,以及宏观经济指标,这些都是市场可以观察到的数据【observable company-specific variables such as financial ratios and recovery assumptions as well as macroeconomic variables 】。 是分析师先去预测影响PD的因素指标都有哪些,...
5.1.2. Reduced form model 青云英语翻译 请在下面的文本框内输入文字,然后点击开始翻译按钮进行翻译,如果您看不到结果,请重新翻译! 翻译结果1翻译结果2翻译结果3翻译结果4翻译结果5 翻译结果1复制译文编辑译文朗读译文返回顶部 翻译结果2复制译文编辑译文朗读译文返回顶部...
reduced form models模型；简约模型；简化模型.reduced form equation方程；缩减式方程式.Reduced-Form Model简化式模型；简化模型；简约式模型.In its reduced form it can be as simple as GCS.以它的减少的形式它可以是一样简单的象gcs."Sometimes to personal weakness" is the reduced form of "sometimes this...
Reduced-Form Models in ContextBasic Intensity ModelsA Brief Interlude to Discuss ValuationDuffie, Singleton, Lando (DSL) Intensity ModelCredit Rating Transition ModelsDefault Probability Density Version of Intensity Models (Hull-White)Generic Credit CurvesConclusion Appendix 6A: Kalman FilterAppendix 6B: ...
Reduced Form 有比较强的数据假设,往往无法满足。所以主要得解决内生性问题。好处是对模型设定没有太大的要求,可以快速进行数据分析并得出结论。现在流行先进 model-free evidence 然后再 structural Structural Form 有比较强的模型假设,商学院最常用的就是DCM,主要得解决识别问题。比如说,不存在异质性,需求弹性一致等...
Full form和reduced form的主要区别就是意思不同，Full form的意思是丰满的、丰富的模型，而reduced form的意思是简约的模型、简单的结构。用Full form来造句可以是：1、Listing 1 gives the full form of the binding definition.明细1给予了关联界定的详细方式。2、The doctor helped us lay out the model in ...
1) Reduced-form model 简约式模型1. There are three default models for credit risk: (i) Structural model; (ii) Reduced-form model; (iii) Partial information model. 本文主要介绍并比较分析了三类度量信用风险的违约模型,它们分别是(ⅰ)结构性模型;(ⅱ)简约式模型;(ⅲ)不完全信息模型。