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Heterogeneous credit portfolios and the dynamics of the aggregate losses
Heterogeneous credit portfolios dynamics aggregate losses
2010/12/20
We study the impact of contagion in a network of firms facing credit risk. We describe an intensity based model where the homogeneity assumption is broken by introducing a random environment that make...
Before May 20, 2003 cattle and beef production activities had been expanding,
especially in Alberta, because of changes in government policies and from growing
demand among foreign consumers. Ac...