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Financial and economic determinants of firm default

โœ Scribed by Giulio Bottazzi; Marco Grazzi; Angelo Secchi; Federico Tamagni


Publisher
Springer-Verlag
Year
2011
Tongue
English
Weight
478 KB
Volume
21
Category
Article
ISSN
0936-9937

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## Abstract This study constructs a credit derivative pricing model using economic fundamentals to evaluate CDX indices and quantify the relationship between credit conditions and the economic environment. Instead of selecting specific economic variables, numerous economic and financial variables h