Zobrazeno 1 - 3
of 3
pro vyhledávání: '"Philipp Gmehling"'
Autor:
Ursel Baumann, Matthieu Darracq Paries, Thomas Westermann, Marianna Riggi, Elena Bobeica, Aidan Meyler, Benjamin Böninghausen, Friedrich Fritzer, Riccardo Trezzi, Jana Jonckheere, Dmitry Kulikov, Dilyana Popova, Sulev Pert, Maritta Paloviita, František Brázdik, Harri Pönkä, Mikkel Bess, Pierre-Antoine Robert, Alexander Al-Haschimi, Philipp Gmehling, Marta Banbura, Evangelos Charalampakis, Jan-Oliver Menz, Benny Hartwig, Joan Paredes, Ute Volz, Lovisa Reiche, Zacharias Bragoudakis, Marcel Tirpak, Evangelia Kasimati, Tomasz Łyziak, Alex Tagliabracci, Ewa Stanisławska, Andrejs Bessonovs, Nikolay I. Iskrev, Olegs Krasnopjorovs, Miroslav Gavura, Tomas Reichenbachas, Milan Damjanović, Roberta Colavecchio, Matjaz Maletic, Gabriele Galati, Danilo Leiva, Ide Kearney, Pär Stockhammar
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
Journal of Business Valuation and Economic Loss Analysis. 12:41-62
In this paper we develop a model to value debt related tax savings and associated yield rates for debt in a setting where future cash flows are uncertain and follow a stochastic diffusion process. By explicitly modeling a default trigger we find that
Publikováno v:
The Journal of Risk Finance. 17:390-404
Purpose This paper aims to provide a theoretical explanation of why credit rating agencies typically disclose credit risk of issuers in classes rather than publishing the qualitative ranking those classes are based upon. Thus, its goal is to develop