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The economic default time and the Arcsine law
economic default time Arcsine law
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2011/3/2
This paper develops a structural credit risk model to characterize the difference between the economic and recorded default times for a firm.
The economic default time and the Arcsine law
The economic default time Arcsine law
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2011/1/4
This paper develops a structural credit risk model to characterize the difference between the economic and recorded default times for a firm. Recorded default occurs when default is recorded in the le...